Farmers to Sow 14.4 Per Cent
Greater Crop This Fall. Says Report
Farmers are intending to sow this
Fall an acreage of Winter wheat 14.4
per cent greater than sown last Fall,
which would mean a total area, of
45,064.000 acres, or about 4 per cent
more than shown by intentions a year
ago, the Department of Agriculture
announced today after a canvass
August 1 of the wheat helt.
If average annual, abandonment
should occur this Winter it would
leave from the intended sowings about
39,2(4,000 acres for harvest next Sum
mer, compared with 36,700.000 acres of
Winter wheat left for harvest this
year, an Increase of 7 per cent.
Intended sowings of rye show an
Increase of 17.4 per .cent over the
area sown la st yea r.
SUGAR DIVIDES® LOWER.
NEW YORK. August 18
rectors of the Cuban American Sugar
Co. today declared a. Quarterly divi
dend of 25 cents a share on the com
mon stock, which previously had been
50 cents. The regular quarterly of
f 1.75 on the preferred was authorized.
Both are payable October 1 to Mock
holders of record September 4.
•
BOURSE PRICES IRREGULAR.
PARIS. August IS (&).—Prices
moved irregularly on the Bourse to-,
day. ’
Three per cent rentes. 49 francs 90
centimes.
Exchange on London. 169 francs
15 centimes.
Five per cent loan. 64 francs 60
centimes.
The dollar was quoted at 34 francs
86 centimes.
WOOL MARKET QUIETER.
RDSTON. August; 18.—The wool
market was less active today than at
the start of the week. Manufacturers
are taking a moderate volume of ma
terial as a result of the better tone
in the goods market, but the vacation
season is now nt its height and little
activity is expected before Labor day.
