Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1914-08-10
|,EcuEATlvE OPTIONS ADVANCE
MORE THAN 3 CENTS AT
OPENING.
IAR RISKS ON IMPORTS
FROM U. s. GUARANTEED
.laiun and England Assume Liability
on Shlpments-May Wheat Sells at
ISf.i1-Cern Makes Quick Rally After
Sharp Break - Prices Cent Above
Saturdays Close

I o.
ptions in wheat rose today TO higher
oint than at any time since the "a'
cyan. The advance exceeded cents
bushel. compared with Saturday
lose. Announcement that Belgium and
England were guaranteeing war TisAs
n imports from the United States mad
INCH to do with the jump in prices.
Doubt. however that Canadian duties
could be removed led TO some waver-
ng at the outset. Opening quotations,
which varied from l cent lower 10 4
ent I'D. were soon followed by gains
ii around, with no stop until Decem-
bsr had reached sl.o3 and May Sill.
A big increase in the domestic visi-
he supply led afterward to a reac-
bon. The close was unsettled, al to
&4k net advance.
Corn broke sharply but made quick
tally. II was found that rain received
LIN the crop region had been far from
|sufficient. After starting IL 10 SA
kcents lower, the market overcame the
whole decline and then climbed as
much as a full cent in some cases.
Price later fell back when wheat
Failed TO hold to top figures. The close
was steady at u to ~ net lower.
Oats.
oats swayed with corn. Ranges in
profits, however, were only moderate.
Provisions.
Higher prices for hogs carried pro-
visions straigh, upward. First tran
saction ranged from Is 10 So cents
dearer than Saturday, and there was
no sign Of any important reaction
Daily Grain Letter.
from Lainson Bros. & Co. EOS Ma
sonic temple. Phone 1891
Chicago. Aug. 10-The wheat mar
ket was easier at the opening. largely
In sympathy with corn, bu, there VAS
enough buying to advance prices
sharply and from . to IS. Of the ad-
vance was held at the close. DeceD
Der showed the best strength The VS.
tble showed an inrease OF 100000, but
Is still 1900. 900 less than last year. OF
course this does not include wheat on
the lakes headed for Canadian lake
ports nor does it include the largest
quantities Of United States wheat now
held in Canadian elevators at the east
ern end Of the lakes. The fact that ex-
porters are filling up these terminal
facilities in Canada rather forces the
hand Of the Canadian as some way VII
have to be found to move this United
States wheat. now IN Canada, before
the Canadians will be able to handle
their own crop. Frosrs in some sec
tons Of the Canadian northwest Led
to fears for the quality Of the crop.
Corn.
General rains all around the suffer
Ing districts and scattered showers in
the driest portions of the corn belt led
to a break early IN the day. There was
enough buying. however, 70 advanc e
the market TO new high levels before
the real reaction set IN. Corn closes
"a lower for the September and y 10
"a cents lower for new crop deliver
les. Cash corn on the spot made new
high prices today, 3 and Nos. yellow
selling at s5h cents. More corn vas
offered to arrive and it is thought that
there viii be little increase in move
unent if further rains fall thru the dry
belt as seems likely Local stocks Of
old corn are now only $4,000 bushels.
Oats.
In general this market followed corn
with q decline early. followed by SHARP
rally and then another reaction. TIE
lose shows losses OF from ITO Il rs
compared with Saturday. The visible
shows heavy increase altho the total IL
not as great as last year.
Provisions.
A very sharp advance early, especial
~ in lard. from which pressure APP
peared to have been removed. met suf-
icient selling orders TO bring about q
very fair reaction. Packers were bes'
buyers Of hogs.
Range Of Prices.
Furnished by L. G. Clay, member Of