Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1915-06-19
continued RAINS
LIFT WHEAT PRICE
ING AAaENr7AalE AS RESULT
OF STORMS.
'oFFxRasauo. FROM, INDIA
REPoRrEp AS TIGHTENING
Germ sitardsns on Accounts Continued
Unfaverable Weather, But Reaction
Follows- - Result Of Free Accept
anoo q Argentine offers-Smalnees
Of Receipts sAsady Oats.

~~>o~>~.
wheat wers scored today as a result OF
continued rains in the southwest.
Considerable loss from lodging ap-
peared to be inevitable on account or
storms. Liverpool reports that offer
ings from India were tightening
counted also~egainst the bear side OF
the market here. The opening, which
ranged from u to l cent higher. was
followed by additional gains, and then
q reaction.
Later a rally took place, Influenced
somewhat by reports Of crop back
wardness in the spring wheat states.
Absence Of all export demand, however
brought about another setback. The
close was weak, at the same as last
night to u down.
Corn.
Corn hardened because OF un1avor-
able weather. The fact that Argen-
tine offerings were finding takers in
New York, however, acted as weight
on the market later After starting /.
to q higher, prices receded TO last
nights level.
Assertions that even under the most
favorable circumstances only mod
crate crop might be expected, LED to
another upturn, but the bulge did not
last. The close was firm at g 10 IS
net advance.
Smallness Of receipts had a steady
however,
was light.
Provisions.
Provisions advanced with hogs.
However, buying was not at all ur-
gent.
Daily Grain Letter.
FURNISHED by Lamson Bros. & CO..
Masonic Temple. Phone 1881
Chicago, June 10. The range in
wheat was comparatively narrow and
The close unchanged to u lower. Too
much rain In the southwest curoeo
bearish sentiment. but progress in har-
Wrestling where weather permits ana
the prospect Of the arrival OF new
wheat in market discouraged ouyln2.
export demand for new wheat was
hacking, which more than offset the
foreign and milling demand for old
-tHheat. Europe complains OF hot ana
tdrv weather and this with the pros
spect Of delayed harvest in America,
caused steadiness in the LiVerpooi
market.
Corn-week- end realizing and pres
sure from local bears as the result OF
the purchase yesterday ana To-Day OF
two cargoes of Argentine corn to come
to New York resulted In an easy CLOS
ing at moderate declines from yester-
day. Crop reports from the greater
mart of the corn belt were unfavoraole'
but on account of the price buyers are
I cautious, except on setpachs. Receipts
NJ corn continue light. primary points
having only about half as much SO
far in June as was received in the cor
responding period a year ago. The
Argentine corn which has been bought
40 said to be for shipment July 10 10
90 and will not therefore be delivered
in New York before a month later.
Oats - Oats followed other grains
and lost about as much as corn. Crop
conditions. while generally favoraple,
iara resulting in a very heavy growth
tnnd considerable lodging. Some appTe-
Ihension is expressed, therefore, as 10
the outcome of the crop in case the
weather continues wet or suddenlE
turns hot. Demand for old oats today
was good both from the seaboard ana
domestic buyers.
provisions = Provisions were firm
with higher hog market. but iquida-
ton in pork continued in moderate
way and caused an easy closing in thaT
commodity. Cash conditions remain
unchanged with a good demand for
meats. but poor inquiry Tor iard.