Mexico weekly ledger., 1911-07-27
;, Lonls No. July "A. 1911

y >
ST. Louis No, July "a. 1911.
A quiet session to-day. Traders
slow to form positive opinions ander
the present conditions. The majority
Of the traders are firm IN their be
lief that eventually prices wiz oe
much higher but they hesitate buying
wheat because OF The heavy move
meDt which resulted in 5.122.0oo bush
els increase last week. The total
Amer. visible "a, 1884, 900 bu- ag4inst
.1O375.0OO las. year. The visible now
includes stocks in private houses not
included last year.
WHEAT: The cash market about
lie a bushel higher, Adyices Indicate
a reduction Of receipts from nov on
Central Missouri reports farmers pay
ing 75c a bu for corn. wheat selling
at zoe abushel. We do not belieY
that the farmer viii continue to sell
wheat under such conditions. The
foreign situation reflects strength,
their closing cables 5-se higher. Pro
~vinces in Russia with a population Of
20, 000, 900 people are making re-
quests upon the Government to re
lieye their starving condition The
! Antwerp market closes l l-2 penny
higher which tends to confirm the
Russian news. Reciprocity having
passed will have no material bearing
on prices because wheat is so near
to an export basis. Cash wheat n
selling CSC a busbel lower than last
year. Such a discount viii not pre-
vail much longer We urge the pr-
chase OF Sept. whea, upon an the
smaA breaks.
Corn: Scattered rains which Ia
some sections we're heavy resulted
IN a weak corn market to-day. The
opening was about 20c a bashel low
er than Saturdays close This
brought Dec. corn down TO e0c and
we noted excellent buying az that
price Many Of our most successful
traders are firmly convinced that We
cannot raise more than ? IL 10 2 "a
billion bushels of corn even with the
most favorable weather. The visible
decreased 2,i23, 900 bu. making a total
Of SSH, 900 against 100000 bu. last
year. We urge the purchase OF corn
on breaks from the present price, We
believe that the crop conditions war
rant much higher prices before the
maturity of the growing crop,
Oats. The trade was much sur-
prised that oats did not show more
weakness. The general opinion was
that Reciprocity would have a very
weakening effect upon the oats mar
ket. The cash market was weak be
cause of heavy offerings. The Farm
ers seem determined to sell every
thing they have raised regardless Of
heavy drought conditions which have
prevailed for some time. The damage
done to the meadows and hay crop
cannot be overcome and oats will b
come a scarce article and viii sell
much higher in the fall months. The
visible decreased ILL, COO, making Q
total Of 10. 800 GOO bu. against 9,0is.
0oo bushels last yeaE Upon any fur
Their break We believe in the purchase
OF oats.
Wheat Sept IS u Dec 50 3-S
Oats, Sept 80 SIS Dec e. IS
Cora Sept. "a Dec so rs
Correspondence solicited
Consignments solicited.
Yours truly.
Schrelner Grain Co
Columbia, No, July 20.
A fine two-years-old Rex Mcdonald
colt belonging to "A b. Shepard died
this morning, The colts dam was Ola
Aontrcse. one Of the best saddle
mares ever in Boone County.
The colt was a fine animal. Mr..
Shepard claims he was the best Rex
colt he ever raised and be has raised
lots Of them. Other horsemen say the
same and some even went so far to
say that he was superior to his sire.
Rex Mcdonald. the champion saddle
stallion OF the world
THE State Board OF Agriculture
has issued a bulletin concerning the
many farm problems that are bother
some in this State to-day. In one
place 1t says servants for house
WoFk on the farm are unobtaiuable.
While n Of the most difficult prob
lens we have TO deal with Is field
Aoorers. These are from letters
sent in By Audrain farmers. Anoth.
er Audrain correspondent speaks Of
ne great benefits one enjoys when
they have a water system in the
laFm home Audrain county homes
are among the finest in rural Mis-.
and Improvements are being
made everywhere in the county. with.
factories in the towns and labor need
g IN the country there should be 10
euzehs Work can be had bv
'Ds Wiling and the loafer should b
lAae 70 move on. The man or WON.
az FAo refuses to work Il \ drain
On society and a dctriment 10 The
community.
''asshoppers are attacking the
iaoasht larched corn Of nor,hwest
Missouri and threaten TO take What
'ae dry weather leaves. sam ,Jordan
SoEa expert in the employ Of ne