Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1915-05-19
'0pLENplp SHOWERS IN KANSAS
AND ELSEWHERE TEND TO
LOWER PRICES
LIVERPOOL REPORTS
LOWER QUOTATIONS
Germ s~sys With Wheat. But Trading
10 lisht-oats Show No independent
Action and Spectators Do What
eeanty Business There lseProvision
Lower With Hosa

Chicago. May 19-Splendtd rains In
Kansas and elsewhere tended today to
Bring about lower prices for wheat A
Kall in prices at Liverpool gave an ad-
Santage to the bears. Shorts, however.
were prompt to seize the chance TO
cover. After opening Z to Is down.
the market rallied, steadying all around
at last nights level.
Later prices scored an advance, but
greater heaviness soon developed
owing to the uncertainty Of Germany's
reply to the American note. The close
was weak IL to IA cents under last
night e
Corn swayed with wheat Trade was
light. Opening prices, which varied
from unchanged TO Il and 4 off, were
followed by a moderate upturn.
Later the market sagged, influenced
by reports that heavier receipts were
about TO begin. The close was ner-
yous, u to = and q cent net lower.
Oats.
Oats had no independent action.
Spectators did what scanty business
there was.
Provisions.
Provisions We're lower with aoss.
Sellers were not urgent
Daily Grain Letter.
Furnished by Lamson Bros. & Co.,
Masonic Temple. Phone 1881
..lieago, May 19.-ENcept for rallies
o .ort covering, the wheat market
was easy turnout the day and lost 70
to aIec The factors in the decline
were lower cables heavy rainfall over
the southwest and increased country
offerings in hard winter wheat terri
tory. Reports on the growing crop
were mixed, but the majority indicated
only about a normal decline in condi-
ton since May I. Export clearances
were light at 230, 600 bushels but the
seaboard reported slight improve
ment in demand and gave out sales
{ of 30O,0 900 bushels. Russian reports were
rather bullish. Stocks Of old wheat
at Black sea ports are out of condition.
due to lack of shipping facilities and
II is intimated that the acreage being
see Led to wheat is unusually small.
Corn-Unsatisfactory cash demand
and liquidation by holders OF May de-
Every were factors in a decline OF 4
III ~ W - SS1iS. ~ . SAASA "StA~4A-A
was reported more favorable for the
handling of corn and on that account
Liverpool was y to l cent lower.
There were some reports here OF in
creased country offerings, but those in
close touch with the principal surplus
corn territory were unable TO confirm
any large amounts bought to arrive.
OatS-Further favorable weather
and pressure from local traders re-
suited In sharp decline in oats. Re-
ports Of liberal sales at the seaboard,
amounting to about 100000 bushels.
and covering by shorts resulted In a
moderate recovery and closing prices
.were h@A to n cent lower. Late
in the day spot prices showed consid-
,erable Improvement and bids for oats
TO arrive advanced n cent.
Proyisions-Altho hog news was
again bearish, there was enough sup
port from packers to hold the provi-
sion market fairly steady. There was
the additional strengthening factor of
moderate covering by local shorts
Selling was scattered and offerings
twere small. Cash trade was less sat
eisfactory and prices were said to be a
shade easier. Continued liberal hog
receipts are offset by the support
(which packers are disposed to give on
SHARP declines.