Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1914-04-04
MARKET uNpERGoEs SETBACK
WHEN TRADERS TAKE TO
SELLING SIDE.
CONDITIONS POINT TO
BUMPER CROP IN TEXAS
Corn Wsaksns on Selling by Leading
Housss-pit Demand Is Scattered
Oats Ease or With Other Grain
heaviness Develops in Provisions
OWING 70 Lack Of Support.

Chicago April 4.-Favoraole weather
threw traders to the selling side OF
wheat today and pulled down prices.
Dispatches from Texas said conditions
pointed 10 = bumper crop and there
were advices almost equally flatterins
from other states Resting commission
orders, however. to buy at a decline,
checked the bears. Opening figures,
which we're q shade to y lower, were
followed by . moderate setback.
News Of some export call from
Portugal tended later 10 harden the
market The close was firm at tho
same as last night to !. q !. off.
Corn.
Selling by leading houses weakened
corn. Pit demand was only scattered.
Prices started Is o.. TO q lower and
after slight rally turned again down
grade.
4 little reaction took place owing TO
word that Argentina holders had lifted
quotations. The close was steady, Is q
8 net lower.
Oats eased off with other grain.
Business was light.
Provisions.
In provisions heaviness developed
owing to a lack Of support. After
opening cents lower &c a1.x cents ~
the market sagged all around
Daily Grain Letter.
fLamson Bros. & Co. to Bell & Wicf-
Gilman. 2os Masonic Temple, phone
1881
Chicago. April 4-Vheat has gradu-
ally worked lower, the nearly deiiv-
cry showing a decline Of cents, while
the later months are la cents lower
for the week. The market action for
the day was narrow, the opening be-
ing lower, following easiness in Liver
pool. Local bears became enthusiast
tic and as offerings were absorbed by
the houses the covering OF their lines
caused a moderate reaction. Price
changes for the day vera n oderete al
II and Y for May and sixteenth for
July. The prospect OF an enorInius
WELD con tinues good and hcrh dones-
tic and foreign cash demand IS light.
Corn-Trade in corn was OF mod
crate volume today, the buyers on yes
terdays bulge being heavy sellers al
the opening. The possibility Of bring
ing Argentina corn to Chicago by way
Of Montreal was the principal bear
feature, but was oot taken rs seriously
az the form OF its announcement might
have warranted. Argentina sellers were
reported to have raised their price
due to an advance in ocean re1gh'
rates SO that business was prooao!E
farther from beng closed han ct any
tine since the report was first clrcu-
lated. Cash demand was good at a
markets. Omaha, Kansas City, ans
Buffalo all reported good demand an
sharply decreasing stocks Countf!
notnts report THAI it is practically i'm
possible to buy corn now from the far
mers at any price.
Oats-The4e was light trade Il
oats with values following the fuctu
srton. IN core. Seeding operation!
have been delayad in many sections OF
account Of we. weather. Whlis TN
market in general ill probably con
@inue 70 follow corn, neither c'nd'
lions will be an important influence q
price changes for the deierre0 denver
aes.
p-ovis,ons-wtth evidence OF pres
ru-e from packers some idufdallo'
occurred IN provisions and prices
,be close showed a moderate 0ec!1he
while trade in cured meats and Jar
was dull. the demand for fresh meat
was good and to this IS atTlou'ed 81
~ hog prices.