Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1913-12-31
(61lJ1vse BULL TRADES
lgloaa Dla FORCED LOSSES
Svhssl otsws sympathy With Corn
- Disappointing Nsws From A..
oeNtlna Proves AID 70 BulIs-oats
ollsss Strength In censsausnes Of
Gals h Other Grains

1Acadsd lift IN value AZ . direct result
" ne board Of trade directors refus-
1ne t411s morning to enact emergency
9eGulatdons making corn on track de-
nv1EAble on contracts The decision Of
he directors relieved the principal
bull spectators from being forced 10
Accspt 100000 bushels at a substan-
<ial loss Corn prices started * lower
- 3 advanced and seemed inclined to
keep within then opening range
Tho advance became decidedly more
pronounced for December, the result
mt covering on the part Of belated
ahortA. Receipts In all directions were
light. The close was steady, at net
rain Of y to 2h cents. the latter for
December.
Wheat,
Wheat sympathized with the frmness
- corn Disappointing harvest returns
n Argentina counted in favor OF the
bulls Besides there was much gossip
( about the danger to winter wheat in
i case Of a sudden freeze after q thaw
The market opened " cent on to 4
! cent up. and then scored moderate
sg1se Ill around.
Darkness interfering with inspection
tended to make prices continue to adj
vance. Tho close was steady. h and Y
TO I 3 cents above last night.
Oats.
Oats hardened in consequence Of the
4 strength Of other grains. Transactions,
: however were light.
Provisions.
Altho provisions at first were easy
on account Of lower prices for hogs,
the market afterward responded to the
npturn In corn. On some options the
rise amounted to as much as 20 cents
above last nights level.
Daily Grain Letter.
I.amson Bros. & Co.. pos Masonic
Temple phone 1881
Chicago. Dec. 81.-The feature in
wheat was the sharp advance In De-
cember Of "a to premium OF Is cents
over May delivery. News in regard to
tho cash and milling situation rather
favored holders and all deliveries
showed good strength. Crop conditions
are reported as being more favorable
than at any time during the winter, but
little notice Of such reports Is now
taken by the trade. The possibility Of
early action by the Canadian govern
ment In regard to accepting our coun-
tervailing duty clause appears more
important than any other single item
OF the early future, and latest advices
Indicate that there Is considerable
doubt In the minds Of the authorities
40 to the wisdom of such a course.
Corn while congestion caused a
sharp advance In December corn. the
later deliveries showed disappointing
strength and were only r. to u higher
at the close. Aside from the action on
the current months there was lack Of
features and little change even in cash
corn crop conditions. The run to this
market gives indications Of lessening,
while southwestern markets are re-
porting an improved demand.
Oats-The finish in December oats
was quiet. Slight advances were re-
corded in sympathy with other grains.
May showing O little more strength
than the other deliveries. Demand
shows no great improvement and we
see nothing to cause permanent rallies
until consumptive demand reduces
heavy terminal stocks.
Provisions-Lower hog values, on ac-
count OF q liberal run, caused easier
prices early In provisions, but BIZ
offerings dried up and broadening de-
nand caused q fair rally. The monthly
statement Of provision stocks Is likely
TO show a liberal increase, but result
ing depressions Will probably be tenn
porary.