Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1913-07-17
&INID|II WEATHER
Influences Wheat.
COLD IN NORTHWEST CAUSES
RALLY AFTER WEAKNESS
At OUTSET.
PR TRADERS As RULE
INCLINED TO BULL SIDE
Continued Dreuth and Heat Southwest
Makes Corn Firm-Unfavorahle Ar
ssnttna Reports Aid in Steadyins
Market Disappointment Over
Thrsshins Returns Makes Oats Firm.

Thrsshina Returns Makes Oats Firm.
Chicago, July 17.-Unseaonable cold
In the Canadian northwest rallied wheat
prices today after a little weakness at
the outset. The easy feeling early was
due to unresponsive cables and to fine
weather in the Dakotas and Minnesota.
AS a rule pit traders were bullish. The
opening was shade to quarter lower.
September started at ssh 4S69s, loss
Of "a o. Il, and rose to 81
Liberal receipts tended later to bring
about reaction. The close was steady
at S6h for September. a net loss Of
Is.
Corn advanced on account Of con-
tinued drouth and heat southwest and
because Of unfavorable reports from
Argentina. September opened q higher.
at 81 Is, touched 611s, and then climbed
to g.
After a little further upturn the
market fell back. The close was
steady, with September a shade net
higher, at 61A to 61ss.
Oats.
Disappointment over tfreshing re-
turns made oats strong. September
started A@A up, at 3s1s 93sA, and
assembled to 39A.
Provisions.
Higher prices for hogs lifted pro
visions. Early sales were to Is cents
higher with September options as fol-
lows: Pork, Spills; lard, s11.75; ribs
S1177h
Lamson Bros. & Co. Daily Grain Letter
(2O3 Masonic Temple. Phone 1889
Chicago, July 17.-Wheat: A ma
terial decrease in the amount of wheat
offered to this market has been notice
able during the last few days and to-
day the amount SO offered was ex-
tremely small. Much of the wheat that
is moving in the southwest is headed
for Gulf ports. Some Nebraska wheat
is working to the northwest and some
headed for this market but our good
shipments from day to day will indi-
cate that the hard wheat at least is
simply thru-bound and no stocks OF
this variety likely to accumulate on
the early run. The red wheat is likely
to stay here for some time. The ex-
port sales OF the last few days have
been considerably heavier than have
been reported and foreigners appear
still ready to accept any reasonable
offers. It would not be a surprise to
learn Of good export business over
night in wheat. Less was heard today
about conditions in the northwest and
no news may be considered good news
Canadian crop is even later than tha1
in our own northwest and Is likely to
become a factor in the trade little
later.
Considerable strength was SHOWN
early as news from the southwest con-
tinued to be bad. The only delivery
that held any material gain was the
december which is " higher tonight.
Temperatures thru the afecteo ols-
+ric+s were slightly moderated today,
being from to 10 degrees lower than
Yesterdays maximum figure, but no
rains were reported in any Of the COM
nlaining districts. Showers are pre-
dicted but as yet there is no indication
of them, The trade in this market
would be much more affected by con-
ditions in Illinois and Iowa than by
conditions in the entire balance Of the
corn raising territory. AS the market
is q weather affair at this time, one
would have to be prophet to make
anv reasonable prediction. Both re-
ceipts and shipping demand are MOD
crate altho sales will exceed the re-
.a:o.s and the latter are only about
equal to local consumption.
Oats.
An advance of a is the result OF the
davis trading. Reports on early thresh-
-, ret,1rns favor holders. Some o,
these reports coming from sections
where the crop was thought to be Of
good promise are disheartening to
bears. In the sample market oats re-
hected the advance IL the pit and were
u higher.
Provisions.
Market strong and higher. Prices FOL
hogs with the top at s9.41h and part
Nv on continued good demand for cast
,naats. Stocks of products while show
ing considerable increase have no ,
eonalled the totals anticipated by tn
trade.