Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1915-04-28
LOWER LIVERPOOL CABLES CON.
TRIBUTE TO eEARlsh SEN
TlMENT.
CASH HOUSES HEDGE
IN MAY DELIVERY
lishtnsss Of Offerings Rally Corn At.
ter Early Show Of Weakness Due to
Decline in Wheat-Shorts Quickly
Absorb Offerings Of oats-Firmnes
of Hogs Lifts Provisions.

Chicago. April 2S-General selling to-
day continued to send wheat prices
down grade. Lower Liverpool cables
ADDED TO the impetus that came from
favorable crop conditions in the Unit
ed States and also in Canada. Besides
cash houses here we're hedging in the
May delivery against purchases to ar
rive. he opening, which was IS TO rs
cents off, later steadied at about cent
under last nights level.
Later a sharp bulge took place after
reports that the Germans were pre-
pairing for a four year war. There
We're also comp plants Of Hessian fly in
Nebraska The close was strong at Is
to and Is cents above last night.
Corn.
Lightness of offerings rallied the corn
market from the weakness due to SYM
pathy with wheat. Cash demand
showed Improvement. The opening,
which varied from u to y decline, was
followed by some small gains.
Rumors of export sales led to an up
turn later. The close was strong al
IS TO cents net advance.
Oats.
Shorts quickly absorbed offerings of
oats. Accordingly the market more
than recovered an early decline.
Provisions.
Firmness in the price of hogs tend
ed TO harden provisions The volume
OF business, tho, was rather small.
Daily Grain Letter.
Furnished by Lamson Bros. & Co,
Masonic temple. Phone 1881
Chicago, April 2S.-Wheat-Wheat
opened easy. following the recent sharp
decline. but quickly reversed its course
and held an advance of 4 to rs cents.
July led in strength due to the fact
that weather east of the Missippi con-
tinues dry and warm and some COM
plants Of insect damage, which were
received from the southwest. Buying
by southwestern traders tended to
confirm the latter report. The main
factor. however, in the support of
wheat is the foreign situation. Re
quirements from abroad continue large.
clearances today aggregating over
100000 bushels. while fresh export
sales OF about the same amount were
reported from the aboard.
Corn-An early dip in corn met rest
ing orders IN the hands of commission
houses. Sellers had apparently be-
come too enthusiastic on recent breaks
and their covering caused a sharp adj
vance with offerings very meager. A
better cash demand and the belief that
the hay crop will be short and pas
turagS> thin, unless rain falls soon in
the eastern part of the corn belt caused
many to turn to the buying side.
Movement statistics We're bearisn, but
were disregarded. Primary receipts
were well in excess of shipments and
the seaboard reported no clearances.
Oats-A decided Improvement in
shipping sales over night. the report of
200. 900 bushels sold for export. clear
ances of over 100000 bushels from
Newport News and uneasiness over the
hot weather and lack Of moisture in a
large part Of the important oats grow
ing territory were factors in a very
strong market. Some of the leading
cash houses showed more of a DISPOSE
ton to take hold of the May delivery
and liquidation which has been so con-
sptcuous of late was very moderate.
While the May may lag under heavy
deliveries early in the month there is
a growing belief that Europe's require
ments will take care Of the surplus
which has been so great a weight ever
since the last crop was harvested
Provisions-Trade was large with
changing orders from May TO the de-
ferred deliveries the conspicuous fea-
ture Buying of ribs by packers con-
firmed the belief that cash business
has improved materially.