Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1913-03-31
MORGAN 5 DEATH DOES
NOT INFECT MARKETS
WHEAT PRICES ASCEND BECAUSE
OF FIRM CABLES FROM
LIVERPOOL.
auYlNe BY SHORTS ALSO
CONTRADICTORY FACTOR
Pit Trading and Light Offerings Cause
Firmness In Cern-Firmnsss in Other
Pits Boosts Oats - Buying OF Lara
Feature Of Provision Trade-Holiday
in Chicago Tuesday.

Chicago, March 31.-The death OF j.
P. Morgan did not affect the wheat
market today. Opening prices We're u
and q to q higher, with May % TO y
up, at eoh to s01a- May later advanced
to eOM, higher Liverpool cables ana
hnvins by shorts who wished to pro-
tect themselves over tomorroW's hoi-
day being the factors most affecting
conditions here. The board Of trade
will be- closed tomorrow because Of the
municipal election.
Free selling on the bulge caused re-
action to 9O1a and s05s for May, out
another buying impulse again brought
the price back to 90Hs. The close was
nervous, with May at 901s and 9O9s,
net gain of q and 70.
Corn.
Pit trading and light offerings caused
frmness in corn. Opening prices for
Nav were a shade to u higher, at 531s
TO 53A and 53n. The price soon ad-
yanced to 531a.
Under steady demand the early hrm-
ness continued, May touching oSA'
The market closed firm. with May .72
and " net gain at 53@.
Oats.
F1rmness of other grains helped oats.
An advance OF shade to 1e and a was
made at the opening. with May at 81 Is
to 33A.
Provisions.
Buying Of lard was the feature OF
-rovisions. The market opened III
cents lower to cents higher with the
following figures for May: PORK,
s2a47h: lard, S11.05; ribs, s11.2o.
Lamson Bros. e. Co.'S Grain Letter.
1908 Masonic Temple. Phone 1851
chicago, March -Wheat-Anotner
inward movement in wheat resulted
from strength abroad, especially al
LIVERPOOL. where there appeared to be
some little congestion in March deliV-
cries in spite Of fairly liberal stocks
Altho there were fairly liberal world
sbipments last week, the amount OF
wheat on ocean passage decreased over
n00 600 bushels. The American eX-
norts were larger than expected anc
clearances today were liberal for this
time of wear. Visible figures were not
completed but are expected to show
decrease Of over 1.00O. 900 bushels Wher
complete.
Corn-The same conditions whlcf
have been interfering with demand ap'
plied today. 1t may be that by Wed
nesday there will be better oppor-
tunity to get a reasonable line on the
eastern situation. Receipts continue
very light with outside markets over
bidding us in our own territory. The
visible supply. when completed, will
probably show a decrease of over l.
600 900 bushels. Cash corn continues
to gain az compared with corn fol
May delivery and the No grades are
now selling at from II to cents under
May price.
Oats-Covering by locals on strength
in other grains brought very SHARP
upturn with closing prices practically
best for the day. Gains were from a
to u cent. Arrivals were light as was
demand
Provisions-After lowering open
ing. due to larger receipts than antci'
pated. provisions had a frming ten
dency and closed at about the oes
prices for the day. Buying that was
thought to be for packers was notet
at the lower level early. Cash trade
was reported good and there was ap-
parently some improvement in the eX'
~or+ demand for meats.