Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1913-05-12
CHANCES OF LOWERING OF
DOMESTIC CROP PROSPECTS
ENCOURAGE BULLS.
FALLING OFF EXHIBITED
IN SUPPLIES OF PASSAGE
Corn Firms Up Because OF soantiness
Of Rsesipts-Livsly Demand for May
Option ssnds Oats Prices Higher
Dulas Of 1 Cent In Cash Oats-Bis
Run Of Hogs Weaksns Provisions.

hardened today because the United
States visible supply statement was ex-
pected to show a decrease. World ship
ments were larger than looked for but
the effect was offset by the fact that
supplies on passage exhibited falling
of. Chances for lowering Of domestic
crop prospects encouraged the bulls.
The opening was unchanged to Is q =
up. July started at 80 to 901s. gain
OF a shade to " q u. touched S9;s. and
rose to 90A.
oats strength carried the market a
little higher. but optimistic reports
about the wheat crop in Ohio and
Oklahoma brought about reaction
The close was easy with July u q Is
net lower at s9B.
Corn.
scantiness Of receipts made corn
arm. July opened Il higher, at 56as,
sold at 56A @56ss, and then advanced
to 5e%
Later the market eased off some with
wheat. The close was easy at 56ss for
July, q net gain Of IS.
Oats.
Oats went higher all around owing to
the lively QSIHdDu lol NiIANAi
bulged more than l cent, to 80 cents.
July. which started a sixteenth to a q
q up, at 359s to 357s. reached 361s.
Provisions.
Plentiful receipts of hogs weakened
provisions. First sales were unchanged
to 12k cents down, with July products
$1os21a for ribs.
Lamson Bros. & Co. Daily Grain Letter
1908 Masonic Temple. Phone 1881
Chicago. May l2.-Wheat-After
showing pretty good strength for a
large portion Of the session whea:
gradually eased off towards the last
and closed with a little below Satuc-
days prices. Selling, which weakened
prices. began shortly after the visible
supply statement was posted. as this
proved to be disappointment. Wealth
er appears to be ideal in the western
portion of the belt but rains are still
needed for wheat and oats thru the
winter wheat states.
Corn.
Scattered shorts attempting TO pro-
vide for their untitled contracts in the
May delivery gave temporary strength
to later months as well. The market
closed unchanged to Il cent higher.
There was a little more cash move
ment from the country than usual
with demand fair. Stocks here have
shown a decrease Of 10000 bushels
in the past six weeks and are now
about two million bushels. There is no
indication OF increased movement for
ten days at least.
Oats.
Current delivery was a strong feat
ure OF this market Shorts were un-
easy and were anxious buyers. Lead
ing longs were chief sellers at the ad-
vance Country offerings were better at
the advance and more liberal move
ment should result. Showers are prom
ised for sections which have been
complaining.
Provisions.
The market was inclined to weakness
early, but declines were not very great
and were largely regained before the
close. Receipts at western markets were
fully equal to last years figures. If. as
believed, producers are holding back
supplies which are all ready for mar
ket because of unsatisfactory prices,
then the packers will have the advanc-
age when the run develops. which can
not be long delayed.