OCR Text |
Show ENCOURAGING CROP CONDITIONS, ( A Wall street review of recent date, in commenting on the outlook out-look for large crops this year, says: While some degree of irregularity has resulted from u disposition disposi-tion of fortunate holders to realize profits, nothing of importance has occurred this week to change the favorable outlook in the financial finan-cial markets. The winter wheal crop has proven a particularly early one, and is for all practical purposes "made." Keliable reports from the leading spring wheat sections contain little of a discouraging character, though some damage by drouth and heat has been reported re-ported in a limited area. It is always well to bear in. mind, however, how-ever, that in view of the tremendous acreage devoted to our grains, local damage can be particularly severe and rct not adversely affect the general result. In fact, damage reports so far as our newspapers are concerned are "news"; but ideal conditions covering many millions mil-lions of acres are merely commonplace and attract no special attention. atten-tion. Interest now centers, so far as harvest prospects are concerned, upon the condition of corn, which will be officially reported upon by the Washington authorities early next month. The best information informa-tion available from state and unofficial sources is that last year's large acreage planted to corn has been well exceeded, which is natural natu-ral in view of the high prices that have been current for the product. The seed went into the ground under particularly auspicious conditions, con-ditions, and while some nervousness has since resulted from dry weather, there is no reason to believe that the result will be other than a highly favorable one. Cotton prospects will also bear the same favorable interpretation. |