Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1915-08-27
WHEAT 1UhB|ES ON
B[AR|SH INFLUENCES
IMPROVED WEATHER ONE OF
CHIEF FACTORS IN FORCING
LOWER PRICES.
TRADE DISCOUNTS REPORTS
OF DAMAGE BY FROST
usrn Follows Wheat, Better Weather
Conditions Being Dominant Factor in
Making Easier Marteet-Oats Affected
by Rearsh Attitude of Other Grains
Provisions Active and Higher.


conditions served to give wheat a
tumble today. The market opened 8
TO 1ss lower, with September at SO e
TO 80 and December at 97A to 9712.
Improved weather was one OF the IN
1uences for lower prices. Tho 1t was
cool in the northwest and there was
frost in some sections Of that belt.
the trade discounted reports of damage
that caused the excited market OF yes
terday. Liverpool was easier on bet
ter conditions at Winnipeg, and this
had some weight in this market The
market for a time held within the
opening range.
The close was weak at 2as to to
95s lower with September at 9712 and
December at 9512.
Corn
Corn followed wheat, improved
weather being the dominant factor in
making an easier market. opening
was unchanged to IS and = lower
win September at 741s TO 74A and
December at 6S7s to 6412. The market
seemed disposed TO hold steady at
these figures.
The close was weak to Is to IA
and 81 lower, with September at 1917
and December at 63A to $685.
Oats.
Oats were affected by general bear
ish atmosphere in the grain pits put
held fairly steady after an opening OF
Il to "a and 70 down.
Provisions.
Provisions were active. staying
around opening quotations, which
were unchanged to 10 cents higher.
Daily Grain Letter.
Furnished by Lamson Bros. 6 CO..
Masonic Temple. Phone 1881
Chicago, Aug. y. - neat = Inc
forecast for unsettled weather was not
realized and there was therefore noth-
ing in the situation to create conn
dence on. the part of bulls or anxiety
in the bear camp. The market sno"eu
little rallying power and closed near
inside prices. Foreign demand for our
wheat was limited by cheaper offerings
Of Manitobas. The weather over night
and the forecast for tomorrow is much
more favorable for threshing and the
completion of harvest The result was
the lowest prices on the crop About
the only bull feature of the day was
1he demand for both cash and futures
in Minneapolis where premiums ad-
vanced cents. Bullish foreign news
received little attention.
Corn-Altho weather was generally
cool and a few points in Wisconsin re-
norted frost, the fact that fair and
warmer weather is promised brought
considerable selling pressure in corn.
The decline in wheat was reflected also
in the corn market Commission houses
were fair buyers on the decline. East
ern demand was limited ecept for de-
ferred shipment and cash handlers We're
credited with buying September corn
against their sales The prospect Is
for increased offerings next week
Oats-In sympathy with other grains
oats declined to new low levels on
present crop. Liquidation was notice
able. especially in the nearby delivery
Shipping demand is fairly good and
clearances continue liberal. Consider
able export business is being worked
sltho II is impossible to confirm def
mite quantities. Threshing returns are
large, but the quality has been serious
;y impaired by wet harvest.
Proyisions-Further advance in hog
nrices offset scattered liquidation in
provisions. Shorts were the best buy
ers. The changing of September pork
10 deferred deliveries was one of the
features. Large supplies of product and
Of hogs operate against an advancing
market.