Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1913-06-19
|lIIS NORTHWEST
D|![ WHEAT PRICES
SnpYDoeAl PREDICTIONS OF REC.
Ord YIELD IN MISSOURI
BEAR AID.
NEBRASKA AND SOUTH
DAKOTA FEEL LACK OF RAIN
Gsr~ Turns Sharply Higher Because Of
Iaok Of Moisture in Important
okatoa-opoeulstoes Hasten 70 Buy
0aAo Doeauss o. Drouth Damage
preNisions eympathizs with Bulge.

Chicago, Juno as.-wheat eased OF
today affected BY rains northwest
Thsro wsro also official predictions OF
SscoRd Yield in Missouri. offsetrinS
70 . large extent any shortage in kar-
go. Scanrtness Of moisture IN No
braGara and South Dakota, however.
ana the strength Of coarse grains acted
- Q check TO weakness. The opening
unchanged 70 ! cent lower. September
started at 81 to s2l4. the same as last
might to u and !. down, and swuns
between e1N and 9sA and e2S.
Statements that cutting was general
"A Kansas and that the yields were
Improving toward the north. brought
about n decided setback. The close
was weak, with September ~ ne.
lower at 81.
Dry hot weather in important states
turned corn sharply higher. September.
which opened 4 and y to 3 and n Up
1t S3k to ssE, rosa TO 637s and 81.
News of heavy rains in some parts
!. OF Illinois and southwest led to sharp
reaction. The close was steady, 3 g
n net lower at SIS.
Oats.
DFtnth damage made spectators al!
fail. over one another IN efforts 10 ouE
oats. September started 4 and y TO
~ and 1 cent higher. at - to 43s. and
rose to 49,.
Provisions.
provisons sympathized with the
( BULGE IN the coarse grains and the nos
market, First sales were unchanged
To cents higher, including septem-
her options at s2o.421e for pork,
s11.22h to SlL25 for lard. and sil.'o
Tor ribs.
lam.on Bros. 4 Co. Daily Grain Letter.
(2o3 Masonic Temple. phone 1881
Chicago. June 19-Wheat-The ap-
proach Of the movement Of new wheat
as about the only bear factor In wheat
hut II. today, has about onset all othef
influences, and the market closes %
folk cents lower than yesterday. Inc
sbreak developed good cash business
sales Of $4,000 bushels being reported.
Much Of this was old hard wheat 10
sseaboard exporters while there were
,scattered lots Of spring wheat solo 10
ufllers. Primary movement OF wheat
continues to be largely a duplication SO
that the movement appears heavy as
compared with last year With excss-
.sive heat in the winter wheat oeit dur
s1nx tho filing period. the yield Is likely
to be largely reduced and the wheat De
Eight weight. Such few cars as are al
ready arriving at southwestern mar
skets bear out this theory.
Cnrn-Local buying early advanced
mice. but influential selling checked
~ SrertaS decline.
Lowest prices We're ~ cents below
ton for the day and the close showed
very little rally from bottom figures
There has been too much enthusiasm
about buying corn because Of dry
weather which, generally speaking, Is
Snot sentimental to corn in June. There
s4s NO indication Of any increase Of cash
corn and It would not be strange il over
Enthusiastic buyers should see fit to
change their minds In the near future.
Shipping demand IS light and while
aha June run will probably be needed
before August there is no present indi-
cation Of any large demand. A showery
condition prevails turnout the main
corn belt, which may partially relieve
,the situation and cause decrease in
talk about damage from drouth.
Oats- Profit taking by prominent
iaonss on today's advance was followed
tby local selling and caused considerable
iaetback from the high prices Of the
day. Net declines are moderate. Show
iars IN various sections locally relieved
tapprehension. Opening sales are not
l1arre and stocks may be somewhat
lburdensome.
Provisions- A higher hog market
.6fousht good buying which kept the
1aiarket strong ali day. Shipping bust
tness has been good and shippers were
ibuyess.