Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1913-10-15
All OPTIONS DESCEND BELOW
20 CENTS BECAUSE OF SUR
PLUS STOCKS.
CABLES ARE WEAK WITH
NO DEMAND FROM ABROAD
Kansas Feeders to Import Argentine
Corn in Competition With Iowa
Shipmsnts-oatsW Weaken Because Of
Asssrtions That Canadian Imports
Interfere With Shipments.

Chicago, Oct. 15.-Heavy surplus
stock with no foreign demand to give
relief pulled all wheat options today
under 80 cents. One Of the leading
houses took q CONSPICUOUS part in SELL
ing. Cables were decidedly weak, in
fuenced by continued pressure OF
hugo offerings from Russia. The open
ing was Il down to Il and 4 cent adj
vance. but gradually prices sagsed Is
under last night
Later rally took place because OF
shorts covering. The close, however,
was weak. Is to 5s@A net lower.
Corn.
Kansas reports that feeders were
arranging to buy Argentine corn In
competition with shipments from Iowa
had a bearish effect on corn here. Fine
weather also counted against the bulls
Prices which started unchanged TO u
off, suffered a much further decline.
There was a reaction later due to the
market becoming bare Of offerings. Inc
close, however, was weak "a to u
lower.
Oats.
Oats headed down grade because OF
renewed talk OF Canadian import in
terfering with shipments from mere &c
the east, particularly to large consum-
ers.. Quotations were somewhat easier
than for any other grain.
Provisions.
In provisions there was general sell
son was a down turn In the hog mar
ket. Loses ran from to 171. cents.
Lamson Bros. & Co. Daily Grain Letter
1908 Masonic Temple. Phone l93.I
Chicago. Oct. 15.-Wheat-New 10"
prices were again made on the active
futures. At the low point prices "ere
off to IL cents from the high lever
of the season. Clearances, While fairly
liberal, were largely Of Manitoba Wneat,
and all new export sales reported were
she same. Light rains were reported
in India, which relieves, In a measure,
the uneasiness over the situation there.
Larger country offerings in the south
west had a beartsh effect on our mar
ket.
Corn-After an early break in corn,
the market rallied to last nights clos
ing figures. but free selling at top
prices brought sharp decline and
closing prices are u to 4 lower. Two
cars Of new corn were received at the
tables from northern Illinois and both
graded sample corn on account Of the
excessive moisture. One Of these cars
was reported sold at 81 cents. The
price current, in discussing the posi-
bility OF decreased estimate by the gov
eminent on account Of abandoned
acreages, asserts that such revision OF
the final figures is improbable While
cash demand was considerably I'M
proved, the presence of new corn in
this market and reports of receipts OF
new No. corn in Omaha and Mime
apois had counteracting effect Oh
future prices.
Oats-The principal demand for oats
came from shorts and with lack OF
support, the undertone was weak thru.
out the session. closing prices beins
from 1 to u cent lower.
Observation-Disclosures was on II
provisions and buying support from
the usual source was not in evidence
a declining hog market and weakness.
in corn were given as reasons for thu
break. Investment demand for the dis.
tant deliveries is light and buyers seen
disposed to await the usual white,
movement OF hogs before making Dur.
chaseS.