Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1914-01-13
ERop REPORTS ARE GENERALLY
FAVORABLE AND VISIBLE SUP
Ply Is INCREASED.
LIGHT OFFERINGS At
OPENING LIFT PRICES
Conditions Permitting Of Smelling Give
Dears Ad~aneaoe In Corn Trading
PIT Demand 10 Maaasr-oaes Acts in
sympashy VIA othsr Grain-Aetivs
Commission Buying LITE Provisions.

Chicago. Jan. 13-Generally 1aVor
able crop advices from Europe end
heavy increase Of the European visible
supply had depressing effect today
on wheat prices. At first. however. Of
ferings were light and the market
showed some frmness, believed to be
reflection OF the demand that has de-
veloped for hard winter wheat for ex-
port. The opening was y off to a shade
up. with a moderate advance later, fol-
lowed by decline.
Export sales at Kansas City, and
Omaha as well as here brought about
rally. The close was firm, IS q 4 to
\ above last night
Corn.
Conditions that promoted sherins
gave the bears an advantage in corn.
Pit demand was noticeably meager.
The market opened unchanged to Is
and Y lower. rallied little, and again
fell back. this time lower than before.
Weakness became more pronounced
because OF reports that dealers south
west were heavily stocked. The close,
however, was relatively firm, at 4 net
decline.
Oats took the same course as other
grain. Trade was small.
Provisions.
In provisions active commission buy
ing lifted prices. There was no SELL
ing pressure. First transactions ranged
60 nd
q further rise followed.
Daily Grain Letter.
Hanson Brothers and Co. 203 Masonic
~ Temple Bldg. Phone 1881
Chicago, Jan Notwithstanding
during the major portion of the day in
the corn market caused minor recess
sions in wheat. but there was a good
rally at the last and final prices were
best. There - considerable talk OF
very disappointing SURPRISES in Argen-
tina and Australia Demand for cash
wheat has improved, and though
foreign markets may be little slow to
advance their bids, they are likely to
need considerable more Of our wheat
Bradsueets announced very large IN
crease in the worlds visible supply
and a total about 100000 bushels
larger than last year.
Corn-On very dull market prices
receded and. at the lowest showed de-
clines about q from last nights
final figures. Most Of the decline was
regained before the end Of the day
Southeastern markets were inclined &c
be weaker on cash grains and while an
Improvement in receipts is expected
here during the next thirty days, II
would be but reasonable to expect some
Improvement in cash demand. which
has been very poor. There is some
talk Of smaller and dearer Argentina
offers, but visible supplies Of domestic
corn are large and as yet have not
been placed with consumers
Oots-The market acted very much
in sympathy with corn today. Cash
demand was slow, and prices at the
tables were lower. 1t is reasonable 10
expect gradual decline in visible sup
plies with seasonable improvement II
the cash demand
Provisions-There IS a loss in manu-
featuring product from hogs at present
prices. Packers and warehousemen
who have got stocks accumulated dur
ing the heavy fall run OF hogs, probably
will wish to merchandise their stool
at above the present level. With the
serious tnroad already made on hog
supplies by disease and by liberal mar
keting Of young pigs, higher prices fol
rrodI1ct seem enttrely rea SonabIe