Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1914-03-04
WEAK CABLES COMBINE WITH
PROMISING CONDITIONS TO
LOWER QUOTATIONS.
SEATING ORDERS TO BUY
COME OUT AFTER DECLINE
Com Eases on With Wheat, and On
Estimates Of Huge Export Surplus
Cereals Governs Market Fer Gate
Buying BY Shorts Aids Provisions.

Chicago. March 4.-Weak cables and
suspicious weather combined today in
aepciving wheat OF support. Il vas net
until the market had undergone a
material decline that any resting orders
to buy were encountered Rumors Of
exports sales at Kansas City had but
little effect. The opening was !, and
"a to q lower and there was an ad-
ditional sag.
Reduced estirna tes OF the export
surplus in Argentina and Australia
helped to steady the market. The close
was firm at Is q !. net decline.
Corn.
Corn eased of with wheat. Esti-
mates pointed 10 a huge export sur
plus on the Danube. Prices started
shade to /. cent off and made
further slight drop.
Scanttness Of offerings az country
stations tended 10 bring about a rally.
The close was steady at the same as
last night to 1saA of.
Oats.
In oats the governing influence was
the depression OF other cereals. Trade
reached q far volume
Provisions,
Buying on The part Of shorts and
packers gave irmness 20 provisions,
altho sales a, the outset varied from
"a cents lower TO cents advance The
market later hardened all around.
Daily Grain Letter.
ILamson Bros. 205 Masonic Temple.
Phone 1881
Chicago, March 4.-Wheat-within
narrow range there vas fairly active
trading in wheat. An early decline 10
new low levels in the present break
found liberal resting orders in the
hands OF commission houses. The net
decline. therefore, for the day was
moderate at Is to 4 cent. Gables were
lower. and seasonabIs weather pre-
vailed thruout the domestic wheat belt
The most bullish features OF the day
were private estimate Of the North
western surplus and a reduction. also
unofficial OF the Argentina expoftabIe
surplus.
Corn.
With pressure from recent bulls and
bearish feeling predominating among
local operators, u Is rather surprising
that at the close corn Is only un-
changed 70 - "a = cent lower. A rain
er broad Investment demand appeared
on today's break and good recovery
from low prices occurred. While cash
corn was lower in most markets and
eastern demand vas reported slow
high grade corn sold on the tables at
premium over May. The movement,
continues to be Of fairly liberal volume,
but is not expected 10 continue at the
present rate FOR longer than ten days
Or two weeks. Should the present mild
weather result in the breaking up OF
the roads. a sharp let-up may be rea-
sonably expected sooner.
Oats-Another dull Gay was record
ed In oats. the range being from 4 70
z cent The action Of corn was the
principal factor in price changes. The
movement is a little heavier than
year ago, and prices in the sample
market we're Il cent lower.
Provisions Provisions were mac
tive. altho prices ranged little higher
Cash trade continues to be reported az
slow. but Ii is noticeable that accumu
Iat.on Of meats during February has
been the lightest in several years
Heavy stocks Of lard in all positions
are the most bearish influence and, o!
this means packers are making every
effort TO reduce the price Of their ra"
material