Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1900-09-15
ecial to Times-Republican.

from their local office, over % East Main.
thru A. j.. Clark, local manager.
Special to Times-Republican.
Chicago, Sept. Wheat-The latent
bull influence, long looked for and
talked Of, in wheat has shown some
signs of life during the past week.
Whether this awakening is only pre-
|liminary or an actual requisition is
question, but numerous factors indica-
tive of future strength and promises of
the permanency of the well-merited
advances have not been lacking. Our
foreign customers have been decidedly
generous in the buying of our cereals.
Shipments have been liberal and at
good prices. Notwithstanding the
scarcity of boat room and the fact that
ocean freight tariffs are excessive the
indications are that from abroad have
been pronounced for an abnormal call
upon us and promises of heavier de-
/ mand from them than usual, showing
Iour ability to demand our own prices
Il and dictate our own terms, a PROPOSE
1 ton that has always been more able to
take but slow TO See.
The demand for milling purposes is
sI.eXcellent. Taking from our surplus
5lsuppiy in the southwest the government
A figures and estimates from individual
Estates show decided shortage and we
beg to say right here, With the Informal
Il ton at hand and awaiting, there is no
lchance for exaggeration.
A There is a great damage for wheat in
4 the shock. This is annihilation to a
livery large point and We would advise
1 our clients of thefact that the public is
inot conscious of the extent and seri-
uusness of this calamity and the ineN-
4 table consequence of the same upon
values. In our fallible opinion the only
Tangible basis for bear action is time,
4 admitting as we do the market at the
4 present time is speculativeiy small and
4 the long side of wheat is still uuat-
4 tracted, making the market at the mer-
icy of local influence.
Material factors insituting bull
4 turn in wheat are at hand and future
purchases of wheat in cur opinion is
lone of the best investment propositions
4 on the board today and Something that
5olitical landslides and manipulation
can not undermine.
Corn-The bear sentiment and bullish
conditions continue 70 be against each
q other in corn. Both specnlatiNely anc
Atlegitimately the corn market Is in
stronger position than IT was Weel
e ago. An extra large and persistent sX
: port demand has been one OF the mos
pronounced features, While another con
I spicucus feature against the usual eft
fleet OF such a demand has been the alb
sance of speculative interest. The re
ceipts have been slightly. more liberal
but it Will take many more times tn
i present acceptances from the country Z
Offset the demands from local and for
eign sources.
We find the sentiment is almost uan
imous,y bearish az far as the new GRO
prices are concerned, and this if in on
opinion very forcible argumen
against following an overdone one-side
n speculative market.
2 Oats-Stagnation of the most pro
q nounced type continues to characteriz
o the oat market. Featureless and du
n prices have mere action and speculat
7 I've orders have been Very small Cas-
Il gales continue to be good. The cash
+ Il showing considerable action and act!v
~ w. For the present we do not anticipat
It any radical changes on values, but thin
g. present prices should be maintained.
r Range OF Prices.