Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1914-09-23


Chicago. Sepss e3s-Wheat showed
more stead1nsss today than at any cine
since tho beginning Of the WA. Belief
that export demand would be forth
coming tended to check any radical de-
iains. On the ctheC hand there ap-
peared no incentive FOR speculative
buying. The opening. which varied
from q OF to y ND. Was followed by
a slight advance. .1hea = sTtainS set
back
4 temporary dip resulted later be-
cause Of continued increase OF stocks
at Minneapolis. This was more than
offset afterwsard by strength at Winni-
+ peg aud by xuuors Of immense foreign
/, buying. The close was firm at 2. 70
Is np. compared with last night.
Corn.
; Setting by pit traders weakened curn.
AFTER starting II and Y to Y and g
Hover, the market sagged still further
and rallies were not lasting.
Reports OF new corn being bought TO
arrive counted against the bulls but
the market gradually hardened with
wheat. The close was steady at rs
cents net lower 70 a shade advance.
Oats.
Oafs showed effeo. Of lfqMda tons BY
holders. There Vas fair buying, how
eveE.
Provisions.
Provisions gave way with hogs
Trading for the most part Was con-
fined to<the. January options.
Daily Grain Letter.
FURNISHED by Iaznson Bros. & Co, e03
Masonic Temple. Phone 1881
Chicago. Sept. 23-Wheat: Export
, sales from q new quarter resulted to-
day in q quick recovery from an early
decline, closing prices being L 70 AS
cent UP. The export sales referred 10
were reported from the Pacific coast
Locally there was little heard OF ex
po7x sales except that good demand
wac reported from Canada and Duluth
Exporters were making inquiries for
round lots. A sharp decline follow ed
. the report OF lower Liverpool cables.
, but wS1en Sheir decline was compared
with last Saturday its effect was soon
!, lost and prices quickly regained the
level at which they had been before
the cable was received. In addition to
Itne bullish effect OF war and weather
; q anlage 20 the French crop rooIrhall
, now predicts That Germany and Aus
tria win have a decided decrease in
acreage due TO the war.
Corn-Acdvity was confined more TO
local traders most of erese being bear
ism. prices were depressed during most
OF the day. Strength in wheat caused
some rally IN deferred deliveries and
closing prices at little change from
those of last night. Receipts continue
light and advtces OF fresh shipments
are practically nothing. Stocks Of
corn hero are decreasing rapidly. so
tina, the visible supply IS expected to
SHOW a material falling OF
Oats-Afte1. a period OF weakness on
F., further liquidation and pressure from
, elevator interests oats showed a re-
covery OF a cent per bushel and closed
!, at top p1ices. a shade higher than
Yesterday. The report that 100000
J. bushels had been sold from the Pa
. cifc coast to the Philippines and that
500. 900 bushels Of domestic oats were
sold for export by way OF Montreal
Yesterday had much 20 do with the
advance. A number OF influential To-
cal traders. VINO realized on their lines
On recent advance. were thought TO be
fair buyers TODAY. The foreign de-
nand for our oats continues 70 war
rant the expectation OF higher levels.
Proyisions-A 10 to 90 cent break
IN the price Of hogs az the yards had
much to do with scattered selling OF
provisions and Aver close in meats
Packers were credited with purchases
Of lard both for October and January
delivery and January ribs Cash trade
continues good in lard but unsatisfac-
tory for meats