Evening times-Republican., 1913-12-11
HEAVY RAINS INTERRUPT WORK
AND HAIL Is DAMAGING TO
CROP.
PRICES ADVANCE AFTER
EARLY SHOW OF WEAKNESS
Signs Of Unsettled Weather Ahead
Give Strength to Corn-Final Re.
port From Iowa Also Favors Bulls
Business in Oats Chiefly in Change
Of Options.

SnlcagO, Dec. 11.-HeaVy rains in
terfering with the Argentine harvest
caused wheat today to rally. Buenos
Ayres reported also that there had
been damage by hail. Offerings here
were small. Prices opened unchanged
to h@A off, but afterwards rose to
above last nights level all around.
Argentina eXportable surplus was es-
timated as low as 55,O0O,O00 bushels.
Unanimity of bullish sentiment, how
ever. made buyers cautious, and the
market fell back. The close was easy,
at 9s decline to u advance.
Corn.
Signs Of unsettled weather ahead put
strength into corn. The final state
crop report from Iowa was an addi-
tional help to the bulls. Opening prices
varied from shade lower to Y cent
up, and later scored an advance for all
options. ---------r
Strength slackened, country sales to
arrive being larger. The close was y
lower.
Oats.
Oats held steady. Business consisted
chiefly of changing from December to
May.
Provisions.
Provisions sagged at the outset
owing to lack of demand, but suisse
quently recovered in sympathy With
corn. First sales ranged from the
Daily Market Letter.
rLamson Bros. & Co.. POS Masonic
Temple. Phone 1891
Chicago, Dec 11.-Wheat showed
firm tone during the early part OF the
day. but weakened with corn toward
the close and final figures show loss
OF x to u cent In the deferred de-
liveries, while December is a shade
higher. Except for the fact that the
seaboard is reported as being willing
to resell hard wheat the news Of the
day was rather bullish. Export sales
OF -four are reported from the north
west and country stocks of wheat,
bought in this country and Canada. are
reported to be pretty well merchan-
dsed for this season Of the year. Pro-
ht taking after the recent fair advance
was responsible for the setback today.
The government report which appears
next week, Is likely to be construed as
bearish.
Corn-Corn was firm early In the day
on good commission house demand, but
broke out sharply toward the end Of
the session. with reports OF general
weakness in the cash situation. Ad-
vices Of consignments show a marked
increase and with continued favor
able weather we are likely to exper-
ieuce heavy run Of corn next week.
A number Of bull leaders were thought
to be selling thru commission
houses. The market broadened consid-
erably round the even figure for May,
SO that net losses for the day We're
less than might have been expected,
being only a sixteenth for December
and u to 7s for the later deliveries.
Cash demand Is not keen and should
the weather permit, considerable corn
Is likely to accumulate at this market
during the remainder of the month.
Oats-There was little demand oats,
the market turning weak with the
decline in other grains. Bradstreet's
report shows decrease OF about
100000 bushels. but stocks are greatly
in excess Of those Of year ago.
Provisions-Provision closed a shade
lower. Recent buyers were again TAX
ing profits. and while commission
house demand was fair, it was insult
ficient to take care of the offerings.
The continued free hog market and the
action Of corn appeared the most in
fuential factors. Cash trade is re-
ported fair, especially for meats.