Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1914-04-13
FAVORABLE WEATHER FOR CROP
RESULTS IN RENEWED SELL
ING PRESSURE.
IMPROVED SEEDING
CONDITIONS REPORTED
Pit seeeuaters For the Most Part
Take to the Selling Side in Corn
MISUNDERSTANDING Sales Form
tho Rule in the Data Crewa-Presis.
ions Showed an Advance

Chicago, April 13.-FAyorable wealth
sr and lack Of damage reports led to-
DAY to considerable selling PRESSURE
on wheat kansas advices told Of the
winter crop entering the jointing stage
without showing any evidence Of harm
from recent cold. There were also re-
ports OF improved seeding conditions
for spring wheat. Quotations started a
shade to 4 and 3 lower, and later de-
clined materially
Later the market rallied as the re-
suit Of green bugs being discovered in
Brown county Kansas Closing Figures
were weak, at a decline OF Il to =
net.
Pit spectators for the most part
sold corn. Belief grew that financial
stringency in Argentina due to failure
OF the wheat crop would result in con-
timed sacrifice offerings Of Argentine
corn. The market opened a sixteenth
TO 4 and - off. and underwent an adj
6itionaI setback.
Afterward shorts covering brought
about a temporary reaction. The close
was weak Is and n 20 Is. cent net
lower.
Oats.
Liquidating sales formed the rule IN
the oats crowd. May in particular was
thrown overheard by holders. Bear
ish influence came chiefly from tbs bet
ter seeding outlook
Provisions.
Provisions assembled with hogs First
transactions were e1z to cents higher
and the strength was well intained
Daily Grain Letter.
from Lamsoa's Wire 10 Bell & Wich-
Gilman, 20s Masonic Temple. Phone
1897
Chicago. April 1s.-Ths whea. mar
ket was an erratic affair, selling lower
early Il the day on heavier worlds
shipments than expected and denial OF
green bug damage in Oklahoma Later
there was an advance OF nearly cent
on short covering, but this strength
gave way TO weakness when corn
showed severe decline.
Corr-CoTn was raided by local
bears, who. with the help Of a little
scattered liquidation, succeeded in
causing a sharp decline in values.
Early pressure was confined mostly TO
the later deliveries, which, made the
depression of the nearby month a much
easier matter toward the end OF the
session. Argentina offerings and I'M
portations were on parade all day. The
fac- that the visible supply had shown
a decrease OF over million bushels Tor
the week, nearly 100000 OF which was
from local stocks, was totally dlsre-
garded The demand for corn, ooth
from feeders and industries in the in
terror, mas in no way changed and ar
rivals OF Argentina corr. al the sea :
hoard are not likely to have much el
feet in the long run upon supply aho
demand conditions in the Ierrltor!
where the shortage OF corn is great
Oats-F'avorabie weather for the
seeding o. oats with reports OF goou
progress in this direction, tended To
cause an easy situation IN the marker
here. The visible supply decreasso
only $4,000 bushels, and is stiii e3-
ne.dinsly large for this time in the sea-
son.
Observation-Disclosures ranged nlsh-
er and showed u strong unoertons
turnout most of the session. the seA'
ing of pork, on weakness in corn, re-
shifted in a little lower levels TOT TINS
nrod,,ct at the close. The run OF noss
80 expected soon 70 SHOW matei!a
decrease.