World) markets for wheat remain.
practically unchanged dutsog the wreak with prices in Chicago" and Wiripag about the same s thay were one week ago. "Crop cond Nous inthe U.S" winter belt ato apparently improving, "and. it ape pore as if the spring wheat So'botter than had bees anticipated Reports: from. Canada, iodieate that fell conditions ase very" good snd towing is. proceeding taustastoriy inal provinces. Tndeations have been shown that Raksia will decrease ere age materially. Weather condi tone in Europe. are "more. favourable to winter crops, a8 Well for sowing.
Unies "speculators continue to supper the U.S. market, the feng conditions. in" general. should fave father a: downward. tendency.
has to be sven to what extent the
speculators, og "other mart in the hands market might sally great, although there are og opnisla 'America who forecast a wheat price erst a bushels Busines in China has agrin bon and there are no dnd Say chancel whttevever" Mis are Complaining of the Task' of demand Pin flour, while the Shanghai flour market,'in spite of the increase in duties on foreign flour, is ver weak indeed, Pricas have door materially and are about five cours bag lower than last week The reports of the loan negotiations between the 'e govern: ment and the US.A. have so far had little effect, on the market. The actual terms of the proposed agree ment are not yet known, nor has the Chinese Governmant: advised local mills as to what quantity of wheat the Government intends to buy or how the Government intends to dispose of it after arrival in China.
During the week about 20,000 tons of Argentine wheat have reached this port.
There are some reports in circulation regarding the native wheat crop, indicating good results in the north of about 15 to 20 per cent, more than Vast year, whilst th crop in the Yangtze valley ig reported to be smaller and also poorer in quality, as recent heavy rains and hail have undoubtedly done matorial damage.
Text read from the printed page and cleaned; old type leaves the occasional error.