Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1914-04-08
1GARiSH CROP EoriMATEe BE.
LIVED 70 NAVE BEEN PRE-.
vlouslY DISCOUNTED.
AFTER EARLY DECLINE
pNlc1s QUICKLY RALLY
Aav.nes in csw-Unf.verahls Seed.
ing csnditisss Put Fi'mnsss Into
ouAs-Pro~islen % Higher In Sym
pst4ry Win Advance n ksosa.

chicago, April e-Aitho the wheat
market promptly responded today to
the bearish crop figures from Wash
.ngton, prices soon rallied to a consid-
cradle extent Pressing weather. ss-
peoially in the southwest tended to IN
duce a good deal Of buying. Many
traders also were disposed to regard
the government report AZ having been
pretty well discounted in advance.
Quotations after opening 4 to y
lower. rallied to nearly Monday nights
level.
I-neasiness over delay in seeding in
the northwest helped to sustain the
market Closing prices were firm at
the same as Monday night 10 4 off.
Corn.
Corn roEe on account Of the absence
OF selling pressure. The few specu-
tators who expected weakness in SYM
patty with wheat were quickly forced
10 cover. Prices opened a shade off to
J. up, and then made material ao-
vance all around.
Later tho pressure OF 100000 bush
els OF Argentina corn to come TO chi
cago in May had a temporary bear
ish effect The close was nervous al
Il to y 91s net advance.
Oats.
UnsavoraAle seeding conditions pat
armness into oats. Besides the market
was inclined 70 follow tho bulge in
corn.
Provisions.
Provisions went higher with hogs.
First sa1es were -. and 3 to ~
cents mp, and there was. no sign OF any
important reaction.
Daily Grain Letter.
narnson Bros. & Co.. to Bell & W1ch-
Gilman, eoS Masonic Temple, phone
1881
Chicago, Apr11 s-wheat: The action
a. wheat fndNa ted that the bearish
government report had been anrcapar-
ed and pretty wen discounted. At the
close tonight prices are unchanged to
Il lower. FrsesinE weather in tho
southwest counteracted. to some ex-
tent. the hearishness Of the govern
ment report, and the free selling OF
foos wheat met buying orders ooth
from shorts and from investors. IN
view of the excellent condition and
Ia.es acreage OF winter wheat,
marked Improvement In cash demand
or serious damage to the growing crop
are the only possibilities 10 give per-
manence TO r1lltes
Corn-The feature In corn has been
the hardening OF cash values and
broadening Of cash demand which &C
cc5npauy a gradual falling OIL or re-
CENTS It terminal markets. Cash
prices at all markets were reported
rrh,n !. 70 cents higher. Primary re-
ceipts for two days we're 100000 eusn-
Dis less than shipments. as com pared
with receipts in excess OF shipments,
I,o,b las. week and last year. Sales OF
~ nm hushels were admitted here
and outside markets. particularly
oaor,a and St. Louis, reported a heavy
demand. July corn has now lost its
,re-o;ur over May and, at the close
.onixh-. IS selling at a discount OF
AZ cents. ~
oats were strong early with corn
,,,- ,asr the advance and closed u tc
!. lo,r.r on account Of a sale OF two
carqoes II Canadian oats. It fs under.
s-oo5 that these oats were purchased
~. chicago interests for shipment u
buffalo a, the opening Of navigation
Ea-k strength was due to the rae
,ba, freezing weather prevailed o'e'
Tho greater part of the CAT oef
Observation-Disclosures hogs and I'm
nro1-inng cash demand gave firm tom
~ provisions Important buying O.
lard. mostly July, was the feature IRON
nit standpoint. Realizing sales ant
pressure from packers brought snarl
decline from top prices, but the clos
wa. steady at unchanged to a shad'
higher than Monday.