Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1913-03-18
louR BOUGHT IN LARGE LOTS
AND LEADING LONG PuR,
CHASED WHEAT FREELY.
CORN SHOWS FlRMNEss
IN SNMpAThY WITH WHEAT
Firmse Cables Also HsIpsd That Mar.
kst-Pirmnses In 0tI,or Grains An
on Higher Level Because Of Lighter
Run at Hogs.

Chicago, March 1S.-Buying OF Whea1
by leading long sent the market up
today. The upturn was aided by buy
Ing of -four in large lots. Opening prices
were M@A@ss higher. May started
at ss% @sS1k. a gain of 1s@ u and ad-
vanced to Ss% @SsA.
Increase in the worlds visible supply
sent wheat up slightly. but the depres-
sion was temporary. The close was
firm at ssA @ssb for May.
Corn.
On firmer cables, and in sympathy
with wheat. corn showed firmnehs. May
opened unchanged to b higher at SIX
@517s, and went to 51A @51$.
Light receipts tended to keep the
market fairly steady. The close was
firm. Is q 12 net higher for May at 521s
@52A.
Oats were helped by frnlness with
other grains. May began at 32A 632ss,
a shade of 1s@A up and advanced to
l2h.
Provisions.
A lighter run of hogs sent provision
prices to a higher level. The opening
was unchanged from ~ @10 cents
dearer. with these prices for May:
Pork. s20771e; lard. s10.70@10.721e;
ribs, s1o.S2h.
Lampson Bros. e. Co.'S Grain Letter.
1908 Masonic Temple, Telephone 1881
Chicago. March 1S.-Wheat-Busi-
ness today has been mostly local and
largely professional. The changing
business done yesterday and today has
had It's effect in better strength in
the May delivery as compared with the
late months. and May wheat closed II
cent higher than last night. Foreign
markets were strong. but were not TAX
ing any large quantities of American
wheat. A small amount of export bus
mess is reported by the seaboard and
Omaha also - reporting little bust
ness. The fact that the worlds wheat
crop OF 1912 IL officially reported 1885,
100000 bushels larger than in 1911 is
offset by the fact that SO large part
Of the wheat Il Europe was CT very low
grade and was used largely for feeding
purposes. The Argentine market for
May delivery is 6 cents above Chicago
and II that country expects to sell her
wheat, our prices should look low to
foreigners. Crop news Is, so far. all
that could be expected. but values are
very low and on substantial invest
nent basis.
Corn-Light offerings with little
urgent demand from shorts, made the
price level today about II cent higher
than yesterday. Cash corn followed
the advance and there was little bet
ter eastern demand tho no buying IN
volume has yet taken place. Country
advices indicate that the movement is
at the expense of country elevator
stocks which are now light. AdVlces
Of country shipments are smaller than
usual at this time Of year. 1t is in
teresting to note that maximum stocks
in Chicago have usually been recorded
early in April-last year. on April /,
with total of S,652,000 bushels, IN
1911, on April 3, with total Of 9,393.0O0
bushels; In 1910 on April Is. when
stocks public and private were 1881
600 bushels. Before accumuiatlons
cease this spring. the total will prob
ably be greater than for the last TWO
years, but not as great as in 1910. For
eign markets showed a stronger tone
Oats-with strength in wheat and
corn, oats sympathized and closed "A
cent higher than last night. Receipts
are not yet coming in the volume an
ticipated for a better eastern demand,
during the last few days, has given the
cash market a better tone. Today's re-
ceipts are not equal TO local and ship
ping demand.
Provisions-In spite of a gradually
higher market for hogs during the last
few days, provisions have shown very
moderate strength and are still selling
about the prices which they were
quoted when hogs were cent
pound lower.