Evening times-Republican., 1913-07-22

Chicago, July 22.-wheat eased on
today on account Of fine weather and
large receipts in the northwest and
here. There were also bearish crop
advices from Russia The opening
ranged from u lower to shade ad-
vance. September, which started at
s7A@S7% to S7as, unchanged to 1-16
higher. declined to SIN.
Good export call brought about
rally. The close, however, was steady
with September x and % net lower. at
81.
Altho absence Of rain made corn
firm at the outset. general selling soon
caused a reaction. September opened
h@h up, at 639s to 6312. but fell to
62A.
A further decline ensued. The close
was steady at 62a4 for September, net
loss of ".
Oats patterned after corn, showing
strength first, then developing weak
ness. September started unchanged to
u down, at 41h to 41A, touched AIS
@41h. and sagged to 40A.
Provisions.
Slowness Of demand allowed provis-
IONS to droop. First sales varied from
cents lower to 215 cents advance.
with September options at s21.50 for
pork: $11.95 for lard, and S1l.so 20.
ribs.
Lamson Bros. & Co. Daily Grain Letter
(203 Masonic Temple Phone 1880
Wheat: Export business in still ac
tive but is limited in volume by the
scarcity of offers. Prices bid are a lit
tie better than recently. but attract
few sellers. Cash handlers prefer to
have the wheat In hand before making
offers The market has been little
draggy and closed Il lower for the
winter wheat market While spring
wheat markets are q OH lower. Cool.
damp weather in the northwest is con-
siaered favorable. Speculative support
is very light, and the trade inclined
to disregard the very large export
business which has been and is being
worked It is possible that the general
trade may not realize the situation un-
til the wheat clears. 1t is reported that
st. Louis is offering red wheat at sea-
board at lower prices than it can be
obtained at Chicago due to the inabil-
tty to obtain first class insurance for
the entire elevator capacity.
Corn.
"A prospect for scattered rains In
.ctions which have been complaining
lost led to a good reaction after an
early market that was a little higher
The full extent Of the decline was
about cent and there was slight re-
Ecovery at the close. Cash business has
been more active sales Of about 20O,-
900 bushels Stocks will decrease rap
idly this week and as transit corn has
been pretty well cleaned up. the east
Is expected to be a good buyer. Altho
the market in the pit was lower, cash
sales were on about yesterdays basis.
Oats.
Moderate setback IN oats was IN
sympathy with other grains. Realizing
sales early filled UP the demand. but
on a. break Of about q Of a cent there
were good supporting orders. Fair
shipping business has been consum-
mated and country reports continue to
Indicate very disappointing yields.
Provisions.
The moderate decline today was
oartly in sympathy with the lower hog
market and partly because OF the de-
cline in grains which made buyers
innid. Some of the leading longs we're
.arly sellers. Trade was light and al
most featureless. A good cash trade
IN meats is reported.
Chicago Grain Close.
Chicago, July %.
81 vnhaot-No red new S71b6S7A
No. 3 red new, s61a 9s7; No. hard
aew, ss@sSA: No. 3 hard. new. SO
s7N; No. northern. 92k q SO: No. 2