Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1913-03-19

chicago, March 1S.-buSAlS VI "AAeeAs
by large local interests today sent the
market higher The advance was aided
by reports Of severe wind and dust
storms in Kansas which interfered
with farm work and train service. The
opening was 1-16 lower to 4 higher.
May opened at sSA and advanced to
SsA.
Export business helped the market to
go still higher. The close was strong,
with May A@B higher at $685..
Corn.
Unsettled weather tended to make
corn firm at the start. May opened
unchanged to a shade higher at % 10
@52A to 52A, and advanced to o2A.
Afterward the market advanced with
wheat. The close was firm with May
at 52N, q net gain of Y q Is.
Oats.
Oats displayed firmness on moderate
buying. May advanced to 3S cents
after opening unchanged to Is higher
at 32b @325s.
Provisions.
Lower live hogs prices weakened
provisions. Pork opened at s2O.65,
lard at 5000, and ribs at s10.171e.
Lamson Bros. & Co.'S Grain Letter.
1908 Masonic Temple. Phone 1881
Chicago, March 10. Wheat
Strength has been shown all day and
the better class of buying during the
last few days has begun to be felt as
a market influence. While no straight
away advance of large proportions
may be witnessed, we look to see
gradually better market on an advanc-
ing scale and if there is any change
from the present rosy outlook for the
wheat crop, then broad, general
trade. There has been a better inquiry
for hard winter wheat here today. The
reports Of some damage west Of the
Missouri river from extremely high
winds and a bullish report from
Broomhall. which makes the worlds
crop Of wheat last year 15s.O00.00O
bushels less than the estimate by the
International Institute, helped change
sentiment. The government reports ex-
ports on this crop at 102,500,00O or
more than 70 per cent in excess OF last
year. Strength in corn today was
helping factor in wheat.
COrn-DullneSS early in the day was
followed by good strength and was ac-
companied by some Improvement in
the cash demand. Receipts were very
light and country elevator stocks are
being reduced materially. Clearances
this week on old sales have been lib
eral and reduction in stocks at east
ern points should more than offset any
moderate increases in the interior One
of the best symptoms was the strength
in May as compared with deferred de-
lveries. If eastern demand improves,
cash corn should gradually gain on
May, altho present discounts for cash
corn are not unusual as compared with
the last three years at this time Of
year.
Oats-Strength in oats, especially in
May delivery, has come suddenly and
has been accompanied by considerable
covering by shorts. May and July oats
are now selling at the same price, and
altho receipts show an Improvement as
compared with corn, they are not
heavy. Fresh eastern demand and local
consumption are about equal to the
daily receipts.
Provisions-Sonle stop loss selling in
pork was responsible for weakness
turnout the list. Strength in deferred
deliveries is thought to be due to
changing by longs from May to later
months. The hog run was fairly lib
eral and larger than a year ago. but
prices at the yards were not seriously
affected.