Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1913-07-21
blU|B CABLES turn
R[I1PP|C[S UPWARD
! ARAvY RAINS DAMAGE CROPS IN
RUSSIA. GERMANY AND
HOLLAND.
Black RUST REPORT
ALSO FAVoRS BULLS
Good Demand for Corn Result Of
Liahtnsss Of Rsesipts-eules in Oats
Due 20 seantinsss Of PIT oHsrinss-
Provisions Weaken With Hogo-cur.
vsat Quotations Of Leading Markets.

Voat Quotations Of Leading Marksts.
Chicago. July 21-Crop damage from
heavy rains in Russia, Germany and
Holland gave strength today to the
wheat market Besides worlds ship
ments were moderate. An experts re-
port Of the black rust situation also
favored the bulls. September started
at S6A to 81, gain of y TO u, and
rose to syn and Y.
A good export demand. with state
ments that black rust had appeared in
many sections Of South Dakota and
was giving signs of a spread north
ward, carried the marke, still higher
The close was steady, with September
3.@5s net higher. at SIN QsTS.
Corn.
Lighrness of receipts brought about
good demand for corn. Septem Der
opened shade TO q and 4 up, at
S2t to ". and climbed to s2a
Absence Of soaking rains needed in
Kansas led TO further upturn. The
+ r,
gain Of rs Ok net.
Oats,
Oats hulged on account OF pit offer
ings being scanty. September started
unchanged to q Off, at 40A TO 4oss. bu,
rose to 4o7s.
Provisions.
Provisions weakened with hogs.
First sales were from 20 cents down
tons as follows; Pork s21.So: lard,
1895.
Lamson Bros. & Co. Daily Grain Letter
(303 Masonic Temple. Phone 1889
Wheat: A failure 20 buy wheat n
the country on the overnight bids led
to frrnness today with an advance of
about one half cent in the active trad
ing months. Premiums for the wheat
at the tables were also increased. and
altho receipts were also increased. and
the movement, there was very little for
sale. Further export business has been
oonsummated tho the amounts are
closely withheld. There begins TO be
complaints OF black rust in the north
west and 1t Is thought that conditions
in North Dakota and Canada are idea!
for rust development. The early move
ment Of winter wheat has resulted in
a slight increase the visible against
good decrease last week It must be
horne In mind that present arrivals are
largely OF wheat sold on basis Of
about 90 cents Chicago and there is
very little being offered by farmers
now. 1t continues to look as tho still
higher prices would have to be seen
before the farmer will be willing TO
part with more wheat. A large part Of
the wheat already sold in the south
west has been carried for exporters
who are still in the market for large
quantities.
Corn-The buying on Friday and
Saturday OF last week pretty we'll
cleaned up the offerings and a little
buying this morning brought a sharp
advance The advance IS from l Is to
TX cents. The map IS dry. but the
weather cooler than last week. Good
rains will be needed thruout the corn
belt during the next thirty days in order
TO maintain anything like present pros
poets. Subsoil moisture Is very detici-
ent and rains will have TO be heavy
or frequent There was considerable
4 day and our local stocks showed a de-
n crease Of over million and a quarter
H bushels last week. Decreases will be
heavy and continuous until the farmer
has finished his harvesting and begins
to move the surplus corn. Dealers down
tho state are now paying farmers from
IS to so cents which they can do on
4 the basis Of bids they are receiving
i ditiens in the southwest has already
cut off Chicago from fair sized terri
4 tory which. up to this time, has beer
sending it's corn to this market and !.
q would not be surprise to see terri
tory from which Chicago can draw
! further restricted because Of conditions
In the south and southwest.
Oats Continued disappointing
Il threshing returns on the early oats anG
further disappointment on the pros
pective yield of late oats. which are
being cut this week, has led to frmness
which conditions appear fully to jus.
tify The August run OF cats is likely
to be disappointing and the old GA Is
viii quite probably be wanted in a way
to upset theories as expressed by the
relative prices of September and De.
] cember.
The run Of. hogs at the yards was
n sWell taken on a little lower basis an6
the market, while easing early, firms
L smAteFdally and closed higher all around
Th1 trade was not Of large volume. but
& there was a little additional investment
Z 5buysng. and the offerings were light
M Cash trade continues to be very salts
E1nctoFy especially in meats.
Chicago Grain Close.
|Esai Chicago, July Fl.