Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1915-04-19
WHEAT makes GAIN
ON ACTIVE buying
mARKEr-ie alERNousaVMrH THE
BULLS BEhEnrriNo;sv LIGHT
EUROPEAN RECEIPTS.
coRN.IRAplNo 10
oFoREArER VOLUME
Hishsr Cables, Amprovsd&cash Demand
and Strength. Of 'Nthsat Combine to
Force Quotations Upward = Oats
Follow Upward Course Of Other
Grains-Pro.Asions Also Advance.

Chicago. Apra 1e.-Act.ve buying
today carried wheat prices upward.
On the bulge free selling occurred but
sharp rally soon followed. The mar
ket was extremely nervous. Bulls had
the advantage offthe fact that ship
ments to Europe were light. After
opening / to az cents higher, the
market here reacted to a moderate ex-
tent. and then promptly advanced
again.
A big decrease in the United States
visible supply total resulted later in
further advance Weakness. however,
ensued, owing to reports that negotia-
lions between Italy and Austria had
been broken off. The close was firm,
at q to 2 cents higher.
Corn.
Trading in corn showed a much
larger volume than has recently been
the case. Higher cables, improved cash
demand and the strength Of wheat
helped to lift prices. The opening
which varied from Is to y to 1 cent
up, was followed by additional gains.
The close was heavy at "a TO u net
advance.
Oats rose with other grain. Trade
was light.
Ascending grains and strength Of
hogs lifted provisions.
Daily Grain Letter.
FURNISHED by Lamson Bros. & Co..
Masonic temple, phone 1881
Chicago, April 19-Wheat-Trade In
wheat was large and the tone OF the
market, while somewhat erratic was
strong. Higher cables. uneasiness over
protracted dry weather in the eastern
part Of the winter wheat belt and the
general realization that Europe has
either already taken or contracted for.
all our surplus were the underlying
reasons for the advance. September
delivery showed the greatest strength,
due to buying for foreign account and
improvement in new crop flour busi-
ness for deferred shipment abroad.
Local traders finally gave up pressing
the short side and followed the ad-
Vance q little too strenuousiy, SO that
ax the close. there was a sharp reac-
;tiofs, from the high point, altho closing
prices were tx to cents up.
Cor1S--Corr was sharply higher most
OF me $1dy Jul tllOSe WIN nave DcSA
friendlyto higher prices, sold freely on
the advance. causing a late reaction
and close at only u to q higher
than Saturday. A larger decrease in
the visible supply than anticipated
I contributed to the early advance. The
pressure from the heavy visible total.
which Is 2S,000,00O bushels against TO-
500, 900 bushels last year, is Offset by
better prospect OF export business.
Oats0The showing of oats was rath-
err Disappointing, for while the early
range was a shade higher, the close
was unchanged to Y cent lower than
Saturday. The report OF dry weather
should have helped oats prices more
than wheat. Primary receipts were
well in excess Of receipts and in ex-
cess of shipments last year and clear
ances were large. Despite all this the
trade had oats for sale on every bulge,
much Of the selling being credited to
liquidation. The visible sapply failed
to decrease heavily, due. in part to
the fact that stocks at Newport News
were added to the total increase.
Provistons-Hogs We're higher and
there was less disposition on the part
of packers to press the provision mar
ket Cash trade in meats was reported
good.