Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1914-03-07
eo,L NORTHWEST SAID TO BE
IN BEST CONDITION EVER
KNOWN IN MARCH.
scANTVNEss OF DEMAND
RESULTS IN CORN WEAKNESS
Eastern Longs Unload to Considerable
Extsnt-Oats Inclined to Weakness IN
Sympathy With Course OF other
Strength Of Hogs Aids Pro-
vision Bulls.

Ch1oaxo. March 7-Predicttons that
the largest acreage in history Will De
planted in the northwest within a Few
weeks had a bearish influence today on
wheat. The soil there was said to be
In the best condition ever known
there at this time Of the year. The
market op.,ned the same as last night
to n@A lower and continued to sag.
Disposition to await the government
report on farm reserves helped prevent
any radical decline. The close was
firm at y @sN to u under last night.
Corn.
Corn easeh off because Of the scant1-
ness Of demand, Eastern longs were
unloading to q considerable extent.
After starting unchanged to Il lower.
the market reacted somewhat but then
fell again.
Weakness later increased as the re-
suit Of statements that 100000 BUSH
els on track here could not be unloaded
as elevators were crowded. The close
was nervous, Il to % lower to a shade
up compared with last night.
Oats.
Oats showed some weakness on &C
count OF the action of other cereals.
Trade NC: light
Provisions.
In provisions the main influence was
the strength In the hog market. First
sales varied from last nights levels
to cents higher and there was
subsequent further upturn.
Lamson Bros.' Grain Letter.
ITO Bell and Wichelman. 2o3 Masonic
Temple. Phones 1881
Chicago, March 7.-Wheat: Wheat
was inactive, except for general
evening-up, which is usual at the week
end and more general today on account
of the appearance of a government re-
port an hour after the close. The Mich
igan state report, which appeared dur
ing the day. was bearish. Favorable
weather and weakness in corn also
were effective In causing lower prices
and. at tho close, the market was "a to
Il cent lower than yesterday. There
has been for the week lack of bullish
news and gradually the market has lost
III to 1A cent.
Corn.
Corn has been under heavy pressure
in the last three days, but the net de-
cline has not been great. The nearby
delivery is q and Y cents lower than
at the same time last week, while July
and September are from y to Is cents
lower. A weak cash market was the
greatest help to short sellers today. The
lack of cash demand is the great argu-
ment for lower prices. The usual
spring movement is expected to show a
decline after next week.
Oats.
The trade in oats was small and the
range slightly lower. Canadian oats are
still being offered at prices under ours.
The course of corn is closely watched
by traders in oats and continues to be
the leading influence.
Provisions.
A slight Improvement In cash demand
and another disappointment in hog re-
ceipts gave a firm tone to the provis-
ions market Demand came mostly
from shorts and offerings were light
and confined principally to realizing
sales. The market continues in a
strong position due to the scarcity Of
hogs.
Chicago Grain Close.
Chicago, March Z.
wheat-No. red, 9413 @95; No. 3 rec
1904; No. hard, ?2m92A: No.
hard, 911s da2; No. . northern, 50
95A: No. northern. e3m94R; No.
spring, S4TJ5: No. spring, 93@a4.
Corn-No. 8. 5s1A @6o; No.-S white
63h ms4: No. yellow s1I62.
Oats-No. white. 40& GAL: No.
white, 9s4 1884: standard, 4oA @40R
Range Of Chicago Grain Prices.
Chicago, March 7.
wheat-May opened at SO; highest
93A; lowest, 921a: closed, 92&; JULY
opened at s7A; closed. s7ss.
Corn-May opened at 66B; highest
81; lowest, 661a: closed 663s; Jul!
opened at 65A; closed, &c.
Oats-May opened at 40h: highest
4oA: lowest. 39B: closed, 40; Jul.
opened at 40; closed, 1919.
Chicago Produce.
Chicago, March I.
r,,t4.. Yyr,b