Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1913-05-17
NEEDED MOISTURE
EASES OFT WHEAT
oRNERAl SHOWERS IN SPRING
CROP BELT AID BEAR
TRADERS
LACK OF RAIN HAS
CAUSED MUCH UNEASINESS
Corn Opens Firm on Small Receipts
But Market Later Weakens With
Wheat-oats Weaken Because OF
Promise Of Rain in Indiana and Hi.
nois-ProNsiens Business Light.

CHICAGO, May 17-General showers
in the spring crop belt eased wheat to-
day. Deficiency of moisture in that sec
ton has been causing some apprehen-
sion. The opening was Il and !. TO =
down. July started at SsA 10 sSas, a
loss of Is to Is, touched ss%s and =,
and then fell to sS7s and Z.
Later the market hardened in con-
board The close was steady, with
July at $50, gain Of Is net
Corn.
Altno corn was Arm at first on ac-
count OF small receipts, the market lat
er weakened with wheat July, which
opened unchanged TO a shade higher At
IS to IS and 561s. sold at o6ls, and then
sagged to $50.
Steadinees prevailed the rest Of the
day. The close was Is net higher for
July, at 56ls.
Oats.
Oats weakened because Of promise Of
rain in Illinois and Indiana. July start
ed II off to a shade up, at $50. to 2s2s
and r. reached 361a. and declined 10
IS and Ssh.
Provisions.
Holders bid up provisions but little
business was done. First transactions
were unchanged to ~ and 10 cents
higher. with July deliveries al s1a.45
for pork, slo,s5 for lard, and sl1.1o TO
$1l.12h for ribs.
sLamson Bros. 4 Co. Daily Grain Letter
1908 Masonic Temple, Phone 1891
Chicago. May 17.-Whear-Wtth
large shipments destined 70 United
Kingdom ports, Liverpool was in
cfined to some eaSiness, while CONT
mental markets for the same reason
were ffrm. C7earances on old sales are
very large and advices from Winnipeg
explaining strength in their situation
indicate that Canada's old crop Wheat
has been about all disposed Of for ex-
port. While a fair volume OF United
States wheat has been worked this
week, the demand IS not as continuous
as was the ca1e month ago, but 90
nestle demand has shown some i'm
provernent as mills appear to be work
ing on small stocks. -Altho new crop
deliveries during the week have shown
a decline Of q, the curren, delivery re-
mains strong and closes y higher than
last week. Norrhw esrern markets have
shown better strength than winter
wheat markets and contract wheat
Corn-This market shows little
change as compared with last week.
July is steady. September a shade low
er. and the current delivery y higher.
Another good decrease in local stocks
is anticipated and supplies available
for delivery show no increase. Il will
probably be week yet before corn
win begin to move IN volume and re-
ceipts are not likely TO be Cumbersome
even then unless there comes radical
change IN weather conditions.
Oat$The feature OF the week has
been strength in oats. especially for
delivery this month, which shows an
advance Of nearly cents. Other
months closed g 70 1aa higher than
last week. The after-seeding OF oats
has been very disappointing, both as
TO quality and quantity, due possibly
70 the poor start reported for oats II
sections naturally tributary 10 this
market.
Provisions.
Some improvement in the hog stu
alton has led to better prices at the
wards this week and provisions have
shown tendency 70 steady under this
influence.