Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1914-03-31
WEAK CABLES Also,CoNTRlRUTE
TO eEARlsH FEELING
AMONG TRADERS.
TRADE THAN
~ FOR SOME TIME PAST
A. -
Report That 100000 Bushels Of Corn
In Argentina Had Been Sold for De.
/. livery IN United States Pulls Down
Market -osnrsssion Also Spreads to
Oats Pit

day IN lower prices for wheat. Trade
/ was larger than for some time. Most
Of the buying came from shorts VINO
were taking profits. The market opened
shade to u and IS down, and under
went further sag.
Absence OF export demand kept the
market heavy despite big decrease in
the worlds available supply. The close
was at. net decline OF Is TO l cent
Corn.
Co-nlu eakened on account OF reports
that, as much as 100000 bushels had
been soaG in Argentina for april ana
May shipment 10 the United states.
There were also rumors that RAN rates
on west bound corn from New York 70
Buffalo would be heavily reduced.
Prices after starting shade TO !. and
g OIL continued 10 fall.
Cheaper quotations for Argentina
cargoes prevented any important rally.
/! The close was weak, s. and 3. 10 cent
net lower.
Depression spread from the other
F.! grain pits TO the oats crowd, where
bidders appeared 20 be in a minority.
The decline in oats, however, proved
more reluctant than for wheat and
corn.
Provisions.
Packers supported provisions. First
sales varied from 2+s cents lower 10
like advance but later the market made
gain all around.
Daily Grain Letter.
Hanson Bros. & Company to Bell &
wtehelman. 2o3 Masonic TEN pie.
Phone 1881
Chicago March 51-Vhea- There
was rush Of selling orders in wheat
and at the close prices are about
cent lower. Runlors o. export business
and on the decline failed Of conhrma-
,tion and the only ralIy.ng power came
ses the result OF the market being
lower. Total worlds stocks show
decrease Of over 100000 bushels. and
,are now about 15.5oo,oo0 smaller than
ia year ago. The excellent condition
of the growing crop and the large
acreage more than overcome. a. me
moment statistical news or relatively
lighter available supplies.
Corn-Bearish feeling was unani-
mons and largely thru weakness IN
wheat. corn declined g TO l cent on
tremendous bear pressure and general
liquidation by weak holders. Those
who were no. willing to take prohts
on strong spots last week vera selling
today at a loss In addition 70 other
causes of weakness there was hedging
pressure against purchases Of Argen :
tine corn The price on this imported
corn has been so reduced as 10 make
previous purchasers bearish in an Ell
fort to make up their loss on the cash
article by profit in the hedge. EsflF
in the dav a report was circulated lhae
eastern roads rad reduced the freight
rate on Argentina corn 10 western
roints. but il was later found nat
.he reduced rates applied only to Ml'2
maize and Kaefir corn. Liquidation
and short selling. now in progress. VIII
leave the market IN healthier condltloa
DESIGNATIONS in oats were SUM- :
,ar TO those in other grains altho the
,1xrke-, showed little less decline 10Y
No dav. Canadian oats are being OF
sered in liberal quantities for ship
Mont at the opening Of navigation
--e..,r stocks. both dom este and 1or
efan. ate against any sustained au'
vance.
p,ovisane-Pork and ribs we're loF
or az the close while lard showed NJ
-1e gain. liquidation was given as ths
eause Of the decline with shorts thf
lrrincinal souycrs.