Evening times-Republican., 1914-02-18
uNRGSpoNslvE FOREIGN MAR.
3ceTs RESULT IN LOWERING
OF PRICES HERE.
liberal WORLDS SHIPMENTS
COUNT ALSO AGAINST BULLS
Corn Prices Sag In Consequences Of
Weakness in Whsat-oats Prove
Re,atixsIy Steady But Buying 10 Only
ct Scattered Sert-Hishsr Prices For
Hogs Garry Provisions Up Grade.

CHICAGO Rep. 1e.-N neat edSeo oAA
today, cables being regarded as unre-
sponsive to yesterdays advance on this
side Of the Atlantic. Predictions OF
liberal worlds shipments tended also
to produce profit taking by holders.
especially as seasonable weather pre-
walls over the winter crop belt. Open
ing prices, which varied from \ and Y
OF to a shade advance, were followed
by a did all around.
An unusual advance IN La Plata
wheat at Antwerp. gave the market
here an upturn, but the effect failed
to last. The close was steady. s q Il
to Il @H under last night
Corn.
Corn sagged a little with wheat
News of the beginning Of harvest in
Argentina counted also against the
bulls. The market, after starting y
cent lower to a shade up. weakened 10
. slight additional extent
Later the market streng gthened tenn
porarily because Of prospects Of small
er receipts here and as a result Of some
Improvement in the shipping demand.
The close was weak at g net decline.
Oats,
Oats proved relatively steady. but
buying was only scattered.
Provisions.
Higher prices for hogs carried pro-
visions up. First sales ranged from
shade decline To IN cents advance.
Daily Grain Letter.
Gamson Bros. & Co, 20S Masonic
Temple, phone 1889
sponse of Liverpool to our advance of
yesterday was disappointing. On
little show of strength early, however.
local traders followed the advance. but
were forced to sell before the end OF
the day. Cash prices in the northwest
were reduced 4 cent and the weak
ness in those markets was contribut-
ing factor to our decline. Cash sales
reported were only $4,000. about half of
which was said to be for export, and
10000 bushels were reported sold to go
to store. Weather over the southwes,
ss mild, accompanied by rain. which will
remove the slight snow covering In the
limited territory where there has been
such protection and leave the wheat in
a susceptible condition to damage from
codl weather.
Corn-Shorts seemed 20 have pretty
completely covered their lines on an
early bulge and a sharp break OF ss
occurred in the last half OF the ses-
sion. Net declines for the day were
q cent. New England brokers reported
q better cash demand but this was
only partially reflected here, Buffalo
and other eastern points appearing TO
nave supplied the east. Cash sales at
100000 bushels We're reported sold TO
90 TO store. Danubian corn, said to be
Of high quality, was offered for prompt
shipment to New York at attractive
terms.
Oats-The course OF the oats market
was similar 70 that OF corn. decided
1mprovement in the cash demand, to-
xether with short covering. gave firm
tone early and new high levels were
reached. At the close. however, the
market was 4 lower than yesterday.
On the early advance. the country
showed a disposition TO sell oats for
the first time in weeks. Shipping sales
were liberal, and cash prices ranged
higher.
Provisions-There is little change in
provisions values from the close OF
yesterday. Hogs were higher, which
Influenced a fair investment demand
and moderate short covering by local
shorts. At the moment, packers ap-
near to be dominating the market.