Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1913-03-28
WHEAT MAKES GAINS
ON LIGHT OFFERINGS
FIRMNEss OF CABLES ALSO CON-
TRIBUTES TO ADVANCES IN
PRICE.
BIG DEMAND COMES
FROM ALL EUROPE
Delayed Work on Farms Has Tendency
to Lift Price Of corn-Fair Commits
sion House Buying Carries Oats
Prices Up Feature Of Provision
Market is Purchase Of May Pork.


ferings and firmness of cables today
sent the wheat market up. The open
ing was 3 to a@ss higher. May.
which started q TO Il up at S9Ss to
ssA, advanced to 80. Advices that
there is a big demand for wheat in all
European countries aided in strength
ening the market.
The market became very dull in the
last half, after May had touched 90l4.
The close was easy, with a-net gain
of IS for May at s97s.
Corn.
Delayed farm work because, of bad
roads lifted corn. May opened I'M
changed to a shade higher, at 53@53H
to 531s. and rose TO ssh
Later the market became sluggish
and closed heavy with May at 5o7s q
So. net loss of u.
Fair commission house buying car
ried oats up little. May started I'M
changed to a shade higher at 331s to
SO p @33ss.
Provisions.
Purchases of May pork by shorts
was the feature of the provision mar
ket which opened unchanged to cents
higher. At the opening May options
were at $20.60 for pork, SI110 10
s11.121s for lard, and s11.271a for ribs.
Lamson Bros. G. Co., Grain Letter.
1908 Masonic Temple. Phone 1881
Chicago, March IS.
Wheat-Locals who sold wheat We're
more inclined to cover today when the
foreign market showed no. tendency to
follow our decline. In consequence
there was an advance of from IS to s.
cents net, altho highest prices were
from Il to !. cent better than final fig
ures. A fairly early opening Of navi-
cation is expected on the lower lakes
but shipments from the head of the
lakes Will probably be delayed for some
time.
Corn-With corn receipts beginning
TO run well below oats and very little
grain in transit from the country, in
dustrial buyers find it necessary to
work on stocks previously accumulated.
Eastern demand is restricted by lack OF
communication, but mail and wire in
quiry OF a somewhat general character
leads to the belief in a more general
demand as soon as conditions are more
nearly normal. In the meantime. tran
sit grain is beginning to clean up by
eastern jobbers in anticipation OF
spring weather. There is very little
fresh or port business doing, but there
is fair inquiry for deferred shipment
corn for export, due no doubt TO the
fact now generally recognized that Ar
gentina will have less than half as
much corn to export from her new
crop as she has exported from her OLD,
which now totals something over 21o.-
100000 bushels. A little corn, held by
pit traders, was on sale at the close.
so weakening prices that the close was
steady to a shade lower in spite of the
wheat advance. Warehousing interests
are beginning to place in store NO.
mixed corn largely. no doubt, for de-
livery on recent sales Of March corn.
Oats-This market showed better
strength than corn. but the advance
was not held. AT the tables, the offer
ings brought prices Il lower than yes
terday with demand rather poor.
Professionalism steadiness in rlos
and lard. pork was stronger during the
early part of the session. nut lost lis
advantage towards the last because OF
realizing sales wherever the marker
showed good strength.