Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1913-06-09
00RnaGnoNS MADE OF REDUCED
CONDITION PERCENTAGE IN
novERNMENr REPORT.
nAs,,a SOUTHWEST CAUSE
n iotT WEAKNESS At START
80 weaksaa 8aoause Of Aeeumuiat-
- AHaoks-oats Show eearish Ten
Aaneiao undoe Active Hedging BY
e. Nsuooe-provisiens Supported
=. aeandlsa ordsrs 10 Buy Pork.


Ascesaae In the visible supply tota'
hardened wheat prices today after an
easv start There were also predictions
tha& the government crop report "ouio
ehow reduced condition percentage
ooRupa1ed with May l. Rains southwest
{ vM~ responsible fo1 the slight weak
nees It the outset The opening was
unclanRed to y Of July first sales
vere at so4k @soA to soss. a shade 70
Y dcwn, but tho price rallied at sV9s %
S0x. .
brought about a temporary reaction.
The c3ose was steady. with July % ana
r. net higher at so7s.
Corn.
Accommodating stocks weakened corn
Iuly started unchanged to "A lower. al
Isto ssh, and declined to So ao' a:
Pr4ces later rallied with wheat. the
close was Arm at 5sH and \ for July
= net gain Of q shade.
Oats.
oats showed ,bearsh tendencies un-
der active hedging by cash houses. 1uiE
which opened the same as SATURDAY
nisaht to u lower, at 3sA TO Se7s
touched ssh @3sA. and then sagseo
70 ssA.
Provisions.
Provisions were supported by stand
1n1 orders to purchase pork. lniua'
transactions varied from 2+a GEMS
Aown to and IA cents advance. WIT
4aotAruber options a, $3.50 to SlSo ::
for pork. s11.05 for lard. and sll'So 20
$1L371a for ribs.
Lam.on Bros. g. Co.'S Grain Letter.
feoa Masonic Temple. Phone 1881
chicago. Juno e.-Wheat-The gov
eminent report, for which the TRADE
was waiting during the greater part Oh
the day. suggests crop OF is2'ooo'oVo
bushels winter wheat, when Is
shrinkaRe Of about 2l.0o0,000 bushels
in indicated yield since the May re-
port. The indicated yield OF spEns
wheat il 252 900 bushels. or 100000
bushels less than indicated a year ago
in the June report A total Eleid OIL
winter and spring Of 744.0oo,ooO BUSH
els Is about 100000 bushels more
Than the final outurn last year. wheat
closed II cent higher than on Satur-
day, due to covering IN anticipation OF
the report. The level is about cents
higher than month ago. when the
May report appeared. A large de-
crease in the visible leaves domestic
stock about six millions larger than
last year. but Of the total quantity,
Duluth and Minneapolis hold all but
about 100000 bushels. This tndi-
Gates that we are going into new
crop in much the same condiuon as
last year and should mean steady
obsorptton of the early run OF wheat IN
the winter wheat district
ConrReceipts tho fair were not as
large as anticipated, due possible TO
failure on the part Of the inspection
department TO secure all the arrivals
Tho slightly depressed early. corn
firmed with wheat towards the last
and closes about 3 TO l. higher than
Saturday. Shipping business was Agh'
but shipping concerns, as well as IN
dustries bought with some iberality
al the tables The trade IS very light
and Influenced by conditions Which
would be usually Intellectual No com
plants are received in regards to the
growing crop, which appears TO De get
ting an ideal start.
Oat-The government indicates thai
we have a crop prospect practically tht
same as a year ago. This is INDICATED
in spite Of the numerous reports IRON
southern sections Of the oat oelt tina
the oats are In bad condition
Proyistons-In spite Of some east
ness in the price of live hogs provis'
ions ruled strong and closed higher
emacially for pork. Cash trade. espe'
ciaIly for meats, continues good.