Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1914-08-08
Winnipeg ADV|C[S
LIFT Wheat PRICES
0HfY7oee ,0oHE0Aia1ENr sAiD TO
BE aUY1No GRAIN IN
IL CANADA.
AMERICA PREPARING TO
etuP WHEAT TO EUROPE
.1ullish Nature % Government Crop
Rsport hoists Price q corn-cana d-
Ian Prohibition Of Export Causes Oats
20 Huiuo-Aetivs Buying Tends toI
LIT Pries Of Provisions.

start the wheat market today made a
decided advance, influence by Winni-
peg dispatches that beyond question
the British government had been buy
ing wheat there. II was said the fed
eral authorities were bending every
energy to provide for the immediate
transportation Of American crops to-
were being made to bank in New York
q large amount of English government
funds. Opening, which ranged from
q lower to l cent higher, were fol-
ing in some cases / q cents above last
night.
RumorS that as war measure
Canada would remove the import duty
on wheat led to further advance.
The close was strong al gain Of p
to "a cents net
Corn.
Corn buiged from the outset. The
bul1ish nature Of the government crop
report was largely responsible. Shorts
found the September options especially
hard to buy The market opened Is off
!
quickly gaining as much as 2 g cents.
Assertions that the Washington fig
ures did not show all of the present
crop injury carried the market still
higher. The close was nervous, 29s to
2N cents net higher.
Oats.
Oats climbed on account OF Canadian
prohibition Of the export OF oats. Offer
ings were very light and prices up more
than IL cents.
Provisions.
Active buying hotsted provisions.
Higher prices for hogs was the I'M
mediate reason. Transactions ranged
all the way from 5 to 65 cents up.
Daily Grain Letter.
rFrom Lamson Bros & Co, 20s Ma
sonic Temple. Phone 1881
Chicago, Aug 8. - Wheat - The
strengthening tendency IN wheat con-
tinues and December closed at the top
price at which 1t has sold. Its advance
to the dollar mark today appeared
much more healthy than the previous
advance to that figure. Consignments
OF wheat are more II evidence than
at any time ON the crop and sales TO
arrive fewer. The excessive premiums
for wheat at Winnipeg do not encour-
age any belief in importations OF
Canadian wheat this year. News from
abroad Is mixed and very difficult to
confirm. The lowering Of bank rates,
however. gives the situation better
tone, and 1t is probable that the for
eign exchange market, as well as the
movement Of commercial ocean craft,
will soon become more nearly normal
Conan advance Of 1924 cents from
Mondays low price to todays high
price IN September corn is pretty good
Indication Of the unrea soma bleness OF
Mondays decline. September corn con-
tinues at too large a discount as COM
pared with cash corn, and even tho
there has been a large amount of inn
portant covering IN September corn
this week. the open interest is still OF
fair volume. Cash corn sold at record
prices and at even higher prices than
were reported IN August two years ago
The forecast for showers over por-
tion Of the belt brought 10 selling
worth mentioning.
Oats-Continued good demand fol
oats. both on the spot and to arrive
gave oats another rapid advance today
st. appears certain that consuming sec
lions will use abnornally large guam.
titles Of oats because OF the scarcity
and high price Of corn. ard Canada
can not be a competitor in the domes
tic market because of her short crop
Provisions+The general adeancini
tendency continued and there was re-
corded a price for September pork 5
a barrel above Mondays low prices
Hog movement continues very ligh
with q brisk demand Trade Is increas
ing In the deferred deliveries.