Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1914-03-12
LATE SoWN FIELDS IN SOME SEC.
TioNs SHOW DAMAGE AS
GREAT As 80 PER CENT.
LIBERAL SALES TO EAST
TEND TO BOOST CORN PRICES
Scarcity 81 Rural Offerings Also Adds
to Strength Of Market-Oats Inclined
to Sag Because Of Absence Of De-
mand = Higher Prices For Hogs
Steady Provisions. -

Chicago, March 12.-Wheat prices
rallied today in consequence Of Kansas
reports that in some places late sown
as 80 per cent. This rate of injury was
said to apply TO virtually all Of Mar
shall county. Half of Nemaha county
was declared to be hurt ten to 20 per
cent. The market opened the same
as last night to 4 cent lower but then
made an advance all around.
There was also reports of serious
impairment in Randolph county. Illi-
nois. However, late estimates of a
yield as high as 15O.o0O.oO0 bushels in
Kansas. eased the market. The close
was weak at Is to u to q net decline.
Corn.
Conf smation of liberal sales to the
east and Of a scarcity of rural offerings
helped to develop strength in corn.
Opening prices, which We're a shade to
n and u cent lower, were followed by
a general rise to above last nights
level.
Assertions that sales from here to
the east must have been under special
conditions later had a bearish in1lu-
ence. The close was weak, u to Il to
"a cent net lower.
Oats.
Oats sagged owing to absence OF de-
mand. There was but little pressure
to sell.
Provisions.
Higher prices for hogs steadied pro-
visions. After opening unchanged 10
a shade off the market gradually haro-
ened.
Daily Grain Letter.
Hanson Bros. & Co.'S wire to Bell d
Wichelman, 2oS Masonic Temple.
Phone 1881
Chicago, March 12.-Wheat-After
little show Of firmness early. demand
for wheat was lacking and prices
quickly declined. closing A9& lower
than yesterday. A few scattered dam
ago reports, which have been received
from the southwest, have failed of con-
fir1nation, altho that territory general
" would be benefited by rain. One OF
the principal causes Of weakness here
today was a break in Minneapolis,
where cash demand Is best. Argentina
shipments are again disappointing, be-
ing less than last year and only about
a third those Of year ago.
Corn-Following yesterdays liberal
short covering, a reaction in corn was
not UNEXPECTED. Losses for the day
were M@A@ q cent. July showing the
greatest decline, due largely to spread
ing operations between this and the
nearby delivery. Cash demand. while
not so keen as yesterday, was consid-
cred good for this season Of the year.
Prices here and at outside markets
were firm, being reported unchanged
to ! cent higher at the various west
ern markets. Estimated receipts were
lighter than expected and sharp fall
ing off in receipts is indicated by
country advices. A good deal Of the
corn that is moving is changing hands
at local country points at better than
Chicago prices.
Oats-The United States and Ca
madam visible supply added to farm
reserves in the United States total
over ass 900 900 bushels. These figures
do not, Of course, include country ele-
vator stocks. Oklahoma reports seed
ing completed and this operation soon
will be well under way thruout the
country.
Provisions-Provisio were mac
tive, prices ranging firm in sympathy
with a higher hog market. Cash in
quiry shows some Improvement and
the prospect Of d burdensome run Of
hogs is becoming more and more re-
mote.