Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1914-05-16
AVER OPENING EASIER WHEAT
ADVANCES ON REPORTS OF
DAMAGE IN KANSAS.
MARKET UNSETTLED AT CLOSE
At FRACTIONAL ADVANCE
Corn Firm Because Of unfavorab'e
Conditions in Arsentina-Oass Follow
Corn, Altho Trade Is Lin teo-Pro.
visions Move Higher Despite Lack OF
Demand.

Chicago. May 1s-Ra;n II re south
west tended today 10 make the y neat
n1arke, easy. Continued dry weather
was regarded as likely 20 caGss greater
danger of crop injury than from Hes
sian fy. Il took but little buying,
however, 70 hold prices close 10 the
previous days finish. The opening,
which was = of 20 = ~. Vas follow 81
by d slight sag Al! around.
Subsequently congestion became very
apparen, in May xaeal. and led specu-
lators TO take 20 ,ae buying side O de-
ferred futures. There were reports
that the Hessian ay had spread into
Kansas, notably salina and Ottawa
counties The close was unsettled, q:
q net advance.
Corn showed f-uaess on account Of
unfavorabIe conditions IN Argentina.
auspicious weather for domestic plant
ing served as an Offset ii part. quota
ions started = and = down 70 :.
higher. and ,aen hardened. especially
Tor May.
The bears suffered worse after
Buenos Ay-es dispatches came .ndica'-
ing that rain damage Vas oeins n
creased by excessive heat. The close
was steady, 4 @ s. Q y ABOVE -ast a!sa-
Oats
Oats followed corn. Trade, no. vas
small.
Provisions.
Notwithstanding lack Of demand pro-
visions moved up Win corn and hoss.
Most OF the business was n lard,
Daily Grain Letter.
From Lanson's wlEe, -0S Mason
Temple, phone lss. TO Be-! & Wtca-
elman.]
Ch,caso. May l5.-whear-Tne.
Was a little easier tone in wheat ea'i!'
hut drmness SOON returned and ouJ1ns
at times became urgent. AZ tae ME- =
potn, May wheat was UP cents ron.
LAST nights close and Hss selling -
cents over July. Little was Tor SAFE
and stop-loss orders we've u-coFe1so
on the advance The daE's net gain IS
& cent and, for the week, pT.ces are
in to 81. cent Up, MAJ oeins '-E
strongest Further damage reports
were received and were little NOR
definite in asserting deterioration anu
from a wider TERRITORY.
Corn-The opening n corn, IKE .AaI
In wheat. was little ess!=r, pat zoo
free selling met with uLyinS oy cas-
interests. There vas also liberal buy :
ing on the part OF q Eu-noe- OK com
mission houses. The receipts Q. --'
fher damage news from Argentina
caused a sharp reaction and prices aI
yanced 3. cent OF September 20
cen, on the May. Net advances NeTr
II and q 10 3. leut AID Tor tH= Fee7
III 10 ga cent Weather Il taNuTa OF
for planting and The woTA ts Gems
rushed. The countr! !s selling !.tts
more freely, but receipts continue II
sufficient for current requirements.
Oa,s-Strength in the other graii
markets and buying ~ brokers w
were thought 10 represent eastern cas-
interests, caused another CaE O
strength in oats. MAY delivery game
81 cent, while later months were ~
about Il cent.
Provisions-Conttnu buying o
ribs caused a further advance ii pro
visions. The market closed 7rn al
moderate advance. Little pressure va
in evidence except from realizing sales
Cash demand vas again reported d
showing some improvement. ana n
tone of the provision H1aTk=I vas con
seQuently decidedly stronger.