Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1902-07-22
GRAINS RULED STRONG
Falling Off in Receipts and Pre-.
diction OF Rain Advanced
Wheat.
Corn Was Active Late in the
Session, Closing Over
Cent Up.
Cattle Steady and Hogs Weak
to 10 Cents Lower-Lambs 10
Cents Higher.

Chicago, July 22-All grains con
opening today but rallied speedily.
Wheat had bearish influences. lower
cables. fair weather and heavy receipts
Offerings in July options early We're
free and depressed prices. Late tho
weather map seemed to help in the
rally. Showers which had been over
looked early began to have a little eff.
feet and the predictions of more rains.
especially in Kansas. turned sentiment
bullish. In spite of large receipts,
contract stuff Was only fractional.
percent. This helped September, which
opened u to Is al !. lower at l1ss to
Il3i and advanced TO l21s. l.o-
cal receipts We're 43S cars, nine of con-
tract grade; Minneapolis and Duluth
reported pa ears, making u total fol
three points OF ~ cars against l12 last
Week and 754 year ago. Receipts a.
st. Louis and Kansas City We're re-
ported increasing bearishly.
Falling off in wheat receipts for to-
morrow, With estimates of only l60 cars,
and persistent buying pushed Septem-
Der wheat to IS and July to q. The
cicse was strong, both options 3. of Il
cent up, September at 12Ss and July at
- cents.
Lower wheat prices, continued free
movement of corn aud early weather
reports started September corn y to
Il down at 60 to COZ. Trade was only
fai" and there was little commission.
house demand early. The increase
of 100000 bushels in contract stocks
was very bearish. AS wheat rallied
there was better demand in corn and
September rallied to GOES. July opened
Il down at 651. and rallied to 65A
Receipts were 400 cars, 81 of contract
grade
Corn was hardly active until late in
the session, but the bullish sentiment
pushed September to 6ls4 and July TO
671s. The close was strong. September
1@l3s cents up at 6ll246i9s and July
IL cents higher at GO.
The early trade in oats seemed to be
= waiting game. Prices broke with the
weather reports and improved receipts.
The break in other grains was some in
tluence for free early offerings. A fair
demand. however. was present and
prices at once reacted above yesterdays
closing figures. September opened ls@
4 of a cen, down at 331s and dipped to
80. but soon advanced and steadied near
1885 0l3Sia. July was nominally Go. but
no trades We're made early. Receipts
We're ISL cars, forty of contract grade
Shorts covered in July oats. forcing
the price to the top price again at o..
The close was strong and congested. )
cents higher at &c for July and lGlls
cents higher at S4$s for September.
Provisions were hammered by the
bears aud We're literally liquidated.
Hogs We're weak and influenced lower
provision prices. Some support came
in the pit. however. and prices rallied
little September pork opened 20 to %
cents lower at 1850 to 1895 and stead
lee near 1855: September lard was
az to % cents down at 1O.611s ID
lo.72la. and sold at 1850 and September
ribs were ~ cents down at 1860 and
sold at 1866.
Hogs slumped 80 cents at the yards
end on pressing manipulation packers
provisions broke in a panieky fashion.
September pork closed 90 cents lower
al 1880: September lard 22l2 cents
down at 10.521a, and September ribs
4ofs cents lower al 1925.