Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1914-01-19
No PREDICTION OF COLD WAVE
~ noaaEsrio FIELD TENDS
To~EAsE PRICES
FREE. ARGENTINA WHEAT
.ALaocoNTRlBuTEe 70 LOSS
preepeesH Of peesoassd Feeding Carrie
Germ Down Grads-oharp Breaks in
Arasntdas Corn Reported - Oats
ouidsS BY Course Of Other, Grain
Provisions Aro Firm. >. ~

that no unusual cold weather Is 1nd1-
Gated at present for any portion OF the
United States had a bearish influence
today on wheat. The fact that Argen-
tine wheat can now be imported to this
country duty free counted also against
the bulls. Selling pressure. however,
was not heavy. The opening was un-
changed to u lower. and later sagged
all around.
A big increase Of the visible sup
ply tended to prevent any important
rally. The close was weak. IS to II
lower.
Corn.
Prospects Of decreased feeding car
ried corn down grade. Reports were
that sharp breaks had been made in
Argentine corn, February shipments
to New York. Prices started y to 4
cent lower to a shade up and then un-
derwent general decline.
Stoppage Of sales from the interior
helped to check the weakness. The
close was steady. II to IS cent net
higher.
Oats.
Oats suffered in sympathy with the
: weakness Of other grain. Buying was
only Of a scattered sort.
Provisions.
The provision market developed
firmness because Of an advance in the
hog market. Opening figures were III
cents lower to 10 cents advance.
Daily Grain Letter.
Hanson Bros. 6, Co.. 2OS Masonic
Temple. Phone 1881
Chicago, Jan. 19.-Wheat-Ranged
dover with trade Of moderate volume
and within the y cent limit
Worlds shipments were heavier than
expected and stocks on passage showed
an increase Of nearly 100000. Bearish
news and statistics predominated. al
tho tho visible supply showed a de-
crease Of over 1000, 900 bushels. There
was some talk Of damage to winter
wheat, but most Of this damage is
problen1atical and based on unseason-
able weather. which causes anxiety
rather than actual injury.
Corn-Corn showed no Independent
strength, being Influenced by weak
ness in wheat and pressure from local
operators. In spite Of this. the decline
flor the day was only one -eighth on
May and 1s@A on July. There were
some export bids in this market, but
no business IS reported worked. Ar
gentina and Danubian corn still appear
20 supply the foreign demand satisfac-
torily. Offerings from the country
show slight improvement and the de.
lnand fails to keep pace with the re.
ceipts. The visible supply, of this ac-
count, showed an increase Of over
100000 bushels. which was more than
expected. Total stocks are now about
twice as heavy as a year ago. due to
the fact that the primary movement
has been larger and the consumptive
demands somewhat curtailed.
Oats-Oats were steadier than other
grains and closed a shade stronger
than Saturday. The principal cause
fc~ the strength was the fact that the
v lie supply decreased 100000
bushels. Stocks, however, are still
two and one-half times as large as last
year and the demand is only moderate
Professionalism receipts In Chicago
we're Of good quality and in good de-
mand. The provision market followed
the advance in hog prices, showing
good advance and closing at faiI
gains all around. Heavy realizing sales
furnished most Of the offerings.
Chicago Grain Close.