Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1914-08-12
prices REcEpE SOMEWHAT BE.
cA Sc OF DOUBT As TO Elk.
FORT POSSIBILITIES.
sPEcuLAToRs BUY WHEN
PRICES REcEpE "a CENTS
Partial Recovery OF Losses Made-Ar-
ssntina Limits Shipments Of Corn
and Prices Arc Strensthened-oats
Tend Higher With corn-Provisions
Drop Because Of Lower Hogs.

Chicago, Aug. 12-Buyers of wheat
held themselves in reserve today until
prices had fallen ~ cents, then rest
ing orders to buy came into play, and
there was enough demand from pit
Spectators to cause lively rally of
Ii cents. Weakness at Liverpool had
considerable to do with the decline here,
but the main reason was the con-
tinued uncertain outlook for resump-
ton of export trade from the United
States. After starting y @2k lower
and the setback becoming generally to
gradual reaction all around.
Lack of support led afterward to re-
neWed weakness for awhile The Sep
TENDER delivery was persistently sold
by q local operator. Closing prices
however. were firm at y @7s under
last night
Argentina government limitations Of
shipments to other coun tries tended to
strengthen the corn market. There was
temporary halt in prices, however,
when wheat was on the down grade.
The opening, which was u off to Il up,
was followed by a slight depression
and later by q gain averaging more
than 1 cent
Ldghtness Of country offerings
brought about subsequent additional
strength. There were also assertions
that the British government had taken
all the available oats In Canada The
close was strong at to l12 net ad-
vance.
Oats swung upwards with corn. At
first, tho, realizing sales lad bearish
effect.
Provisions.
Provisions dropped owing 10 lower
values for hogs The biggest decline
was in pork, which soon showed loss
of 45 cents
Daily Grain Letter.
IFTom LamSon's wire, 203 Masonic
Temple.]
Chicago. Arg. 12.-Attempts to hold
wheat down were moderately success
full even tho there is very little in the
way Of fresh country offerings. Red
wheat is beginning TO command a pre-
MUM over the hard and, due to the
poor grading, of grades go begging.
There appears TO be a disposition to
stay out of the market in hope Of get
ting wheat lower. and this probably
would succeed il the country were dis
posed to sell freely, but such is not the
case. Meanwhile, conferences and ru-
{mors OF conferences are occurring in
the effort to find q solution for the ex-
port problem.
Corn-Above 80 cents for Septem-
Der corn makes high record for sew
eral years Prominent shorts were the
best buyers and do not yet appear to
have fully filled their requirements.
Cash corn did not fully follow the adj
vance, altho 1t again sold at 81 cents.
which was the high price several days
ago. The country is Offering consid-
cradle more corn for quick shipments,
and next weeks receipts should show
increase. The east is now buying very
moderately and it is doubtful whether
the prices OF cash corn will advance
much further, even tho the require
Inents of September shorts may bring
further advance. New Crop futures
are from to IL cent higher, but the
discount under the old corn is greater
than recently, which is reasonable.
Oats-AnOther strong market was
witnessed, with the close showing adj
vances Of from IS to y cent, with a
tendency for the carrying charge to
widen again. It Is said that practically
all the Canadian oats available have
been practically appropriated by the
English government. Shipping bust
ness here is fairly active, but not en-
tirely equal to current receipts. The
demand for the better grades is, to a
large extent, from warehousing inter-
ests.
Provisions-Early there was a weak
feeling in provisions because of the In
creased hog movement which was al
most equal to last years volume, but
support came, due largely to strength
in coarse grains, and an advance was
scored toward the close Of the session.
Cash trade Is said to be fairly good.
Trade in deferred deliveries continu- IS
TO increase.