Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1913-06-30
,lNeh OF RAIN REPORTED At
MILLER, s. D., IN pRoUTH
REGION.
pit auPPoRr VERY POOR,
ESPECIALLY FOR JULY
Prospects Of Generous Moisture Has
Weakening Effect on Corn-oats Re-
esivss Setback Because Of Rains in
Central Illinois and Southwark =
Provisions Steady With Hogs.

Chicago, June so.-Northwest show
ers, bringing relief from heat and help
ing crops, eased wheat today. An inch
of rain was reported at Miller. > u. Eli
support turned out to be very poor
especially for July. Opening figures
were Is to nos lower. September
which started at soss to so7s, loss OF
~ to u. fell to so1s.
Assertions that South Dakota would
not yield more than half a crop al best
led to q temporary rally, September
closing weak. B net lower. at 80.
Corn.
Corn weakened on account Of pros
poets Of generous moisture. Septem-
Der opened Y to ~ down, at 62as to
62N, and declined to 627s.
Shorts purchasing brought about a
reaction which, however. was followed
by greater weakness than before. Sep
tember closed nervous at 62ss, loss
of 4 net.
Oats.
Rains in central Illinois and south
west gave oats a setback. September
started u to u off. at APIS to 421a, and
swung between 42A @42ss.
Provisions.
Provisions were steady with hogs but
trade was slow. First sales varied
from III cents lower to an advance of
5 cents, including September options at
$20.47h to $2050 for pork, s11.2712 for
lard, and $11.72Ea for ribs.
Lamaon Bros. & Co. Daily Grain Letter.
I2o3 Masonic Temple. Phone 1881
Chicago, June Observation-Disclosures
ton Of July holdings was the principal
feature in today's trade and the loss in
that delivery was IA cents, asa gainst
" to. y in the later deliveries. There
Is little wheat in Chicago available for
delivery. and it is quite possible that
there will be no deliveries until new
wheat begins to come to market more
freely. Southwestern markets are al
ready beginning to feel the effects Oh
, the movement and are adjusting them
selves to a new crop basis. The visible
supply is about six and three-quarters
larger than q year ago and may con-
tinue to decrease for another week or
to affect it.
Corn-Local selling Of corn began
early at slightly lower figures than
prevailed on Saturday. A lower market
induced considerable selling Of July
delivery by miscellaneous longs, even
tho prospects are for deliveries Of less
than half million bushels tomorrow.
There was a fair cash demand, sales
iSih h q
Is 5000, 1000 bushels greater than last
year and more than half of this corn is
in Chicago. Shipments on July con-
tract are likely to reduce stocks and as
receipts are becoming lighter there
should be a gradual reduction turnout
the month.
Oats-Short covering in oats at one
time by shorts brought a good rally but
the close shows losses Of a q II cent
The visible is four times as great as
last year and two-thirds OF the total
Of the entire country is at Chicago. De-
liveries on July contracts will be fairly
liberal Receipts on oats continue In
large volume for this season Of the
year and are rapidly overtaking corn
in quantity.
Provisions-Shorts were inclined IL
provide for their July contracts anc
rallied the market sharply but the en-
tire advance did not hold altho most
deliveries show an improvement over
Saturdays prices, the hog run al
western markets influenced by the
weather somewhat were lighter thar
year ago. The June run has beer
large and packers have been able tc
s accumulate considerable product whicr
they may hope to market at higher
prices later in the season.