Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1915-03-05

Chicago, March 5.-Active buying by
today after sharp break due to lower
prices at Liverpool. It was said that
Argentina wheat was being pressed
for sale in Europe. Favorable weather
for the new winter crop, however. had
something of a bearish influence.
Opening prices which ranged from =
and IS decline to a advance. was fol-
. lowed by a moderate rally, and then
a series Of nervous reactions.
AT one time the figures were the
lowest yet for the crop. The close was
is cents down.
Corn.
Rough weather gave comparative
strength to corn. After opening 4
and a off to a shade UP, prices hard
ened little. but later underwent a
sag.
a good deal Of bearish pressure for
time resulted from the lack OF sta
bility in wheat The close was ner-
vous, at y to a under last night.
Oats.
Oats traders took their cue from corn.
Offerings We're light after rush Of
selling at the outset
Provisions.
Higher prices for hogs carried pro-
visions up grade. Dispatches telling
Of detention of Chicago lard and meats
by Great Britain had no appreciate
effect on the market.
Daily Grain Letter.
| FURNISHED by Lansou Bros. & Co.,
Masonic temple. Phone 1881
Chicago. March 5. Wheat-The
ruu1or which broke the wheat severely
yesterday TO the effect that foreign
contracts for supplies being cancelled.
was denied over night by reliable
authorities. II was also contradicted
by the way In which foreigners bought
wheat at the seaboard and by the ad-
vanced premiums which the seaboard
was bidding at interior points Cash
houses were buyers on the breaks and
despite the fact that considerable
amount OF moisture has fallen over
the winter wheat belt July wheat was
not perYna nenrly depressed and closed
unchanged. In the May delivery, how
eyer there vas enough scattered
liquidation TO hold the market well
under Yesterdays close turnout most
of the day and the finish was = low
er. Reports indicate that over one
/ million bushels sold ct the seaooard
] Country offerings were disappointing
1 in view Of the recent break. the ex-
pecta-:on being that farmers would
sell more freely on the sharp decline.
Corn-After an early sharp break
corn recovered and held close 10 last
nights final figures. a fair volume OF
domestic buying and some inquiry al
outside markets for small amounts for
export had a steadying effect. Local.
sales were reported at 100000 including
10000 10 the seaboard- The latter re-
ported 100000 sold for export. Elk
port clearances We're 4ce,0 bushels
Oats-The market failed TO respond
fully to reports Of heavy export sales
al the seaboard, discouraged longs be-
ing willing apparently TO sell Freely
on the bulges. Local traders We're on
both sides Of the market buying freely
on an early dip and selling later when
the market advanced with wheat out
side trade has been materially reduced
tv the recent decline.
Proyisions-Provisio closed slight
/ ~ higher sympathizing with a little
better fresh meat demand and nigner
prices for hogs Buying was largely
by shorts while offerings were at
tributed For the most part TO scat
tered holders Peace talk which has
! had much to do with the weakness OF
grain is less credited because OF the
fact that provisions have not shown
strength which might be expected hac
! the rumors been based on facts.