Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1914-10-26
UNLOADING BY LARGE CONCERN
MORE THAN OFFSETS EFFECT
OF euLLisA CABLES.
WORLDS SHIPMENTS PROVE
LARGER THAN EXPECTED
Clear. Cold Weather, Favoring Curing
and Shipment Of Corn, Makes Market
For That Cereal Weak-oats Trad
ers Are Influenced by Action of Other
Characterization Advance.

Chicago, Oct. 26.-Free selling led by
one Of the largest concerns here more
than counteracted in the wheat market
today the influence OF ouliish cables.
There were indications, however, that
the demand from Europe continued. On
the other hand, worlds shipments
turned on. to be larger than expected.
After opening !. to = higher the mar
ket receded below Saturday nights
level.
Predictions OF increased receipts at
St. Louis and Kansas City tended TO
weaken the market still more and so
also did a big gain in the domestic visi-
BILE supply total. The close was steady
at Is to x net decline.
Corn.
Clear cold weather that favored the
curing and shipment of corn made the
market for that cereal weak. Buyers
scarce. The opening, which varied
from Is @A off 10 Is UP. was followed
by decided general sag.
SIowness of shipping demand
counted against the bulls. The close
was unsettled at IS and ;. to 191is
cents under Saturday night.
Oats.
Oats traders took their cue from the
action of wheat and corn. Business
lacked volume.
Provisions.
Higher prices for hogs carried pro-
visions up grade. Selling became live
~ tho on the bulge.
Daily Grain Letter.
FURNISHED by Lamson Bros. & Co,
POS Masonic Temple. Phone 1891
Chicago, Oct. 26-Wheat: Wheat
tailed to hold an early rally. breaking
IA to 21s cents from the high point
ana closing 8 to lower than Satur-
day. An increase Of nearly 100000
bushels IN the visible supply and the
prospects Of heavier movement from
the country more than Offset buying by
exporters and reported damage 20 the
Argentina crop. Early the situation
appeared strong, with Liverpool high
er and with weekly ciearances much
heavier than anticipated, North Anleri-
can shipment totaling 100000 bushels
The principal weakness locally was due
TO hedging against fresh receipts and
10 fairly liberal selling by tired hold
ers.
Corn-Clear. cold weather and weak
cash market here and at outside points
caused q weak tone in corn, the close
being at decline Of ] to IL cents.
Selling appeared TO be largely local
and rather in anticipation of hedging
sales than actual sales against country
purchases. The latter continue to be
very light. Husktng returns are very
uneven. tho, in general the yield is dis
appointing and the condition Of the
corn is said to be poor On account Of
100 much moisture. Weakness in Ar
gentina markets had an influence here.
attic the break in the South American
markets is probably due TO the fact
that the British government is unwill-
ing to guarantee war risks on ship
fnents of corn from that country.
Oats-Weakness in oats was due
largely to the break in other grains.
Ihe market failed to respond to heavy
buying by brokers who usually repre-
sent cash interests. much of The buy
ing being credited TO northwestern
shipments who have been underselling
US TO eastern points. The movement
continues heavier than expected. but
IS said to be largely az the expense OF
cauntry elevator stocks.
Provistons-.After little early
strength. due to covering by shorts on
advancing hog prices the provision
market eased off and closed lower.
Cash trade is reported as being unsat-
1sfactory and the change in the wealth
er is expected to result in more lib-
eral movement of hogs.