The Fargo forum and daily republican. [volume] (Fargo, N.D.) 1894-1957, 1913-07-30

TIE
there is no doubt but that wheat II
the cheapest cereal on the list and
when public interest becomes aroused
lit will command better prices. At pres.
ent no one seems to be interested and
the market is allowed to drift within
narrow channels. We favor purchases
on all declines from closing level.
Corn opened wildly excited and over
accent per bushel higher on dry wealth.
er and hot throughout the corn belt
1.-The weather bureau issued predictions
of scattered showers. and thunder
storms over much of the belt and upon
this fact becoming known profit taking
In corn commenced on a. liberal scale
and prices turned downward sharply,
Rallying toward the close and showing
a net gain for the day OF about &c.
There was a flood of messages from all
sections of the belt telling of, abnorm-
ally high temperatures and serious
conditions and it will require general
rains to better the situation. Every
thing now depends on the outcome OF
the weather for the next few days and
price changes will hinge entirely on
that. :. ". j..
Oats followed corn to a limited ex-
tent, but met serious opposition. On
the decline there was buying Of an in
f~luential character, but outside trade
did not seem to be greatly interested
and the market was left mostly to pro-
~fessionals.' Cash demand showed some
slight Improvement with the east rath-
er inclined to await further develop
nents before buying. We favor await
ing declines and making purchases.
Finley Darrell & Co..
-- .' B~roomhalI's ReportA Ill.,.
Liverpool, July 30.-Wheat respond
ed to strength in America yesterday
and steady opening in Paris and prices
we're to \ higher with
the opening there was moderate real
lzlng and the advance was lost with
the market dull. The weather through
OUT europe Is now fine and holders
are less firm while reports from Rus
sla are generally favorable and ex-
pectatlons are for a larger movement
ms week to importing countries. At
l:3O p. m: the market was easy and
unchanged. Corn opened "a higher be-
ing influenced by damage reports. from
America. but during the morning there
was a decline of u on talk of large
A ang shipments again this week
Russla-Our agent cables: TN the
Volga region wheat promises well and
In the center rains have done little if
any udLiage' me weather is now fine.
Morning Letter.
Chicago, July 30.-Wheat: Cables
come colorless. Weather in Canada
unseasonably cold in the west. Cash
demand locally showed a decided let
up a9a with exporters out of the mar
het futures will receive no support
even from their friends. We advise
waiting for good declines and then
making purchases.
Corn-No rain in the corn belt and
continued high temperatures will add
10 the Dull fever and one cannot tell
now nigh prices may go If relief is
not forthcoming soon. Losses SO far
aaVe not been. very great but every
day without relief will cut the yield
materially. On any appearance of re-
lief a sharp break will be experienced,
oats-We still think oats should be
bought on all weak spots.
,Chas. E.. Lewis & Co.
Price Current.
Cincinnati, July 30.-The Price Cur
rent says: weather. conditions the
past week were favorable to the filing
ern tier of states favorable to the
growth of oats and corn. In the CEN
tral and southwestern states there was
Tess than the average rainfall and the
Ihere IS no reserve moisture over one
mira or the big corn belt and the plant
Is in a critical condition. Much dam
age has already resulted and more will.
age to corn while apparently great, is
not beyond repair except in those sec
lions where hot winds destroyed the
plant Hog slaughtering in the wet
Tor the week ending July rs, 497,.Jo
the preceding week and 435, 900 same
period a year ago. Price Current.
Tn~ter-Ocean. .. Z
Chicago. July 30.-With continued
not and dry weather the corn crop is
expected to deteriorate and there is no
telling how high prices may go. The
n has commenced to back their
publish crop reports with substantial
puylng orders n they a the mar
ket to a great extent. Patten is bull
tsh and the Armour interests bearish.
Corn, however, is such, a big market
that when it gets fairly under way
downward course until it runs its limit.
The local short interests have been
cut down: It would not be surprising
to the wheat trade to see lower prices
the, talent may be disappointed. With
nigh temperatures over the. northwest
1t might be easy to get up a small
crop scare there. 1t is said that there
of wheat recently made, to go to store,
the wheat being applied on export
sales. Geo. H. Phillips, was out with
a bullish. report yesterday saying tina
the present prospect, was for a corn
crop of 2.675,0oo bushels with a posi-
oiIlty of 1t dropping to $500, 900 BUSH
els. Inter-Ocean.
Livestock Receipts.
Chicago, July 30.-Hogs $4,000, left
ss,e s @s.4o, mixed $S.45@s.87H, heavy
s8.3O@s,1o, rough $S.3 0@8.50;, cattle
1900, steady to shade lower; sheep
%, 900, slow, ....-... ..-., -
Omaha, July 3o.-Hoes $500, cattle
1900, sheep $500.
Kansas City, July 30.-Hogs 5000,
cattle 10000, sheep 1900. ~
Finley Barrell & Co.
Grain Receipts.
Chicago, July 30.-Wheat s1s cars,
last year 289 cars; corn SO cars, last
year "a cars; oats 144 cars, last year
1873 cars. .... -.
Minneapolis-Wheat 80 cars, last
year "A cars; stocks wheat decreased
1850 bushels; oats increased 100000
bushels in four days.
Duluth-Wheat A cars, last year 6
cars; stocks wheat decrease $4,000
bushels in three days. f
Winnipeg-Wheat 81 cars, last year
236 cars. Chas. e. Lewis & Co.
SHOWS Report.
Chicago, July 3o.-Bartlett Frazier
Co. have the following from B. w.
Snow: My tabulation of threshing re-
turns to date, covering more than half
the winter wheat counties, shows a
rate Of yield fully a bushel per acre
above the; figures indicated by the con-
dition returns. of July J.. The yield Is
overrunning expectations in every
section Of the country and is particu-
l a I W a HnxyN 49, n-a~ - -