Evening star., 1932-09-05
WHEAT BELT HAS
CHEERFUL OUTLOOK
Speculative Interest Aroused
by Increased Activity.
New Crop Planned.
Special Dispatch to The Star.

SpeclaI DlSpatcn 10 Inc star.
KANSAS CITY, September (N.A.
1.-THE wheat situation may be
summed up as one of hopefulness in
this territory. At least, sentiment Is
more cheerful and largely in sympathy
with the signs Of increased activity in
securities, cotton and sugar. Specula-
tive interest is being aroused and the
improved business conditions may be
reflected in a larger consumption Of
wheat, the market for which remains
firm, leading to the hope that all bear
ishness in the situation has been dis
counted by present low price levels.
Although there is a large stock OF
wheat both in store at markets and
remaining in farmers bins, it is in
strong hands. Dissatisfaction over prices
has resulted in a pronounced holding
tendency on the part of growers, which
is making for more stable market.
As far as fresh supplies are concerned,
it may be said that this territory is on
a domestic basis.
Next Crop Planned.
Growers now are making plans for
their next wheat crop. If they show
the same reluctance in planting wheat
vested, and put in smaller acreage,
the way will be paved for better prices.
At the present time wheat prices are
to cents above the record low levels
established last July. Farmers in Kan
sas are receiving from 80 to 35 cents a
bushel for their grain at country points.
The corn situation is much different
from that in wheat. While prices for
this grain are lowering around the sea-
sons low levels, the price that corn will
| bring in the open market does not mean
a great deal, as most OF 1t is fed to live
stock.
The important thing in the corn sit
uation is the size of the crop, and this
year a large harvest now is definitely
assured in the Kansas City territory
and growers are generally cheerful over
the outlook. A great deal OF the corn
crop in this area Is fed to hogs and the
corn-hog ratio has shown decided i'm
Hogs Up to $3.50.
Hogs now are bringing about $3.50 a
hundred at Kansas City, an advance OF
| S1.55 a hundred pounds from the low
| levels earlier in the season. This means
| a much greater return for the corn and
| more satisfactory feeling.
Emergency road construction work
| for unemployment relief in Missouri
and Kansas will give employment to
more than 10000 men this Fall and
| Winter.
The Missouri Highway Commission
already has opened bids on its first let
| ting of road contracts under the emer-
gency plan providing for work In widely
| separated sections to scatter the relief.
rrJ Cfofo hiohuau pnOinPpT
estimates 10000 men will be added to
| the pay roll at 35 and so cents an hour
for 30-hour weeks, increasing to 21,000
| the number employed on Missouri high
ways.
In Kansas. the Fall highway con-
strllction program was started this week
bv letting of contracts under the
So. .276. 900 Federally- financed emergency
projects for unemployment relief. Guy
! r. Helyering, State highway director,
estimated 10000 men would be given
employment this Winter, working two
shifts a day.
New Kansas City Post Office.
Erection of the new $4,500000 post
office in Kansas City, additional WORK
nnder the city's 1O-year improvement
nrogram and completion of repairs on
citv schools have kept several thousand
; men at work.
Under the 1o-year civic improvement
program about 1000 men a week are
! working under a rotation plan tnat pro-
vides employment for $500 men eacIl
month. The post office construction
lob EMPLOYS 263 men, on a pay roll aV-
eraging $1,000 a week. Repair work On n
the schools is nearing completlon, as 80 20
the work on a new high school unit OF
70 rooms, two gymnasiums, auditorium
and cafeteria. Schools and colleges re-
port large enrollments in sight;
Retail merchants say there mas s. oesii
a distinct advance in the sales OF ciotn.
ing for men and women during the last
few weeks, with a growing demand 1or
better-class goods.
Fewer store rooms IN Kansas Guy are
vacant Fewer houses are for rent, put
apartments are plentiful. Realtors re-
port a quickening demand for close-ln
and suburban residence property.
Copyright, 1882. by North American News
| Alliance. Inc