Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1913-11-08
AGAIN
. Marks WHEAT TRADE
MARKET DULL AND PRICES EASY,
IN SPITE OF LIVERPOOL
FIRMNESS.
ABSENCE OF IMPORTANT
NEWS FROM DOMESTIC FIELD
Corn Values Decline on Account OF
Liberal Commission Selling - Oats
Reesde With Other Grains After
Opening at Yesterdays Priees-Pro.
visions Arc Lower.

Chicago, Nov. s. Uncertainty
marked trading in wheat today. The
market was dull with prices easy
Gables were mixed. Higher prices re-
suited in Liverpool from bad prospects
in India. In absence Of important news
in the domestic field wheat here
seemed to be depressed by the cable
news. After opening Is to Is net lower
there was a further dip.
Later prices rose on an advance OF
11s@1A in the close at Buenos Aires
At the finish the market was firm, I'M
changed to a shade net higher.
Corn.
Liberal commission selling lowered
corn values, after opening unchanged
to u to IS down in sympathy with
wheat. Unsettled weather and nrmer
cables seemed to be ignored and prices
declined further.
A firmer tone later developed on the
rally in wheat. The close was easy, at a
net loss of asto IS q ".
Oats.
Oats sank with other grains after
starting unchanged to Is q a lower.
Provisions.
Lack of demand sent provisions on.
The opening was 21a to cents lower.
Lamson Bros. & Co. Daily Grain Letter
1908 Masonic Temple. Phone 1881
Chicago, Nov. S.-Wheat: On lower
cables wheat opened easy with con-
siderable local pressure. Early in the
day cable from the Argentina pro-
nounced conditions there more favor
able This was followed shortly by a
report that the Buenos Aires market
was sharply higher which led to free
short covering and some buying by one
of the larger cash interests. The close
is practically unchanged from yester-
day and unchanged to Il g 3 lower Tor
the week. Important news OF the week
has been the estimates in regard to
acreage and condition Of winter wheat
which is favorable and reports from
india and Argentina, which Indicate
considerable loss in the former and un-
certain conditions, as usual, in the lat
ter.
Corn.
Traders in corn were disposed to
await the appearance of the govern
ment report on corn Monday, tho sales
carried values Il to x cent below last
nights close, the total range Of the day
being about half cent. A quarter to
q cents represents the net decline for
the week. The prospect is for clear and
colder weather next week and 1t is said
that the movement Of new corn VIII
show some increase. The bulk of the
new corn now moving Is going to
southwestern markets, where prices
are more attractive. The visible supply
Is expected to show a decrease, es-
pecially in Chicago where exports
have exceeded receipts by about 4OO,-
900.
Oats acted we'll in the face of weak
ness in corn and close with very little
changed from last night and from the
close of week ago. Shipping demand
was rather slow and sales of 100000
bushels were made to go to store. The
situation Is not strong, the steadiness
in prices Of late being due, more than
anything else, to an over-sold condl-
ton.
Provisions.
Provisions were a little lower most
of the day, but at the close were steady
with only minor changes in price. The
run of hogs continues heavy and the
quality poor. 1t is expected that re-
ceipts next week will be liberal and
that the product will be depressed in
consequence.