Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1913-07-18
lIRG[l SHIPMENTS
Else WHEAT PRICES
auYlNo OF SCATTERED SORT AND
REGULATORS TAKE SELLING
SIDE.
RAINS IN NEBRASKA
AND KANSAS REPORTED
Corn Wsaknes Because Of Moisture in
Statss Affected by Drouth and Hot
Winds-oats Suffer From Free Sell
inc by Local Traders-Provisions
Carried Upward by Higher Hog Prices

CHICAGO. July 1s.-Wheat declined
TODAY Influenced to some extent by
predictions Of larger worlds SHIP
ments Buying here was only OF
scattered sort and spectators as
rule inclined to the selling side. Open
ing prices were Is to J. IS lower.
September. which started at S6A to
Ss1i. loss of u to u. fell to Sc.
The market rallied sharply in SYM
pathy with coarse grains, on reports OF
Austria Russian tension and advices
Of black rust in South Dakota. The
close was steady at 81.
Corn.
Rains in Kansas and Nebraska
weakened corn. September opened a
shade to 7s@A off, at 81 7sto 6lA,
dropped to SOS, but rallied TO 6lss.
Statements from a leading expert
that the crop outlook in Illinois was
poor led to the upturn which continued
still further. The close was easy at
613s for September, a net gain Of 12
@M.
Oats suffered from free selling by To-
cal traders. September started un-
changed to Il up. at 1895 to 1912, and
sagged to 39s, but later rose to 39A
@39B.
Provisions.
Higher prices for hogs carried pro-
visions upward. First sales were ~
to 1917 OILS cents higher. including
September options at $3.50 to s21.421 Il
for pork, s11.s5 to s11.s5 for lard, and
t11.95 for ribs.
Lamson Bros. & Co Daily Grain Letter.
1903 Masonic Temple, Phone 1881
Chicago. ILL.,. July 1S.-Wheat-Aft-
er an early break, wheat showed
firm tendency and closes
about IS higher. While there has been
some inquiry for red wheat here for
eastern shipment no business can be
confirmed. There was a good export
demand by way Of the gulf and ex-
porters were best buyers Of wheat at
Kansas City. The fact seems to be
that the decline has very largely shut
off country selling and tnasmuch as
this Is the country from which Europe
must secure her supplies for the next
sixty days an advance of few cents
would not be likely to interfere with
business. 1t does not seem reasonable
to ask the farmer TO sell his wheat
at less than the soc Chicago basis,
News from the northwest is not entire
~ favorable and while 1t is not to be
expected that with speculative interest
so light there will be any rapid or con-
tinuous advance, wheat should find
good support whenever temporarily de-
pressed. Primary movement continues
heavy but is largely for through ship
ment.
Corn-With scattered rains in Ne
braska there was a disposition to press
prices little early, but those who
We're Offering most freely quickly
turned buyers and brought about a
rally OF 1a. Final prices Were y to
higher than last night. The country
was offering a little more corn on the
advance, but most Of the corn that is
being sold at country points is going
to southern and southeastern markets
Cash corn maintains Its firm premium
In this market and is higher in all
southwestern markets as well. Re-
ceipts are light and hardly equal tc
LIZ AASSNc "a i1l0 OSli les "HlIe cOnSlQ-
cradle corn IS going out on SHIPPING
Gales. Fresh demand is moderate, but
at that, is well in excess of current ar
rivals.
Oats-This market also makes gain.
OF from Il to e. Threshing reports
continue to be exceedingly disappoint-
Ing, on the territories which were no
thought to be affected by the heat anf
dry weather and it is believed that tn,
final returns of the crop will be wei
below the governments July estimates
AS soon as the quality of the new croy
Is generally known, there should be ;
very good market for old oats
Provisions-Another advance in tn.
..sos market, which gives hog raiser
practically dollar a bushel for tn
corn which they have fed brought
higher market for provisions Invest
ors were early buyers but shorts mad
the high prices of the day. Profit tax
ing sales were partly by miscelaneou
trade but largely by outside packe~
who expressed the confidence in III
situation by purchases when price
were considerably lower Cash trade
especially in meats, continues good.