Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1915-08-19
'AusPicioUs HARVEST coNDl-
TONS IN NORTH CAUSES
BREAK IN VALUATIONS.
FAVORABLE WEATHER IN
pAkorAs AND MINNESOTA
Decrease Of Amount Of Wheat on Ocean
Passage Has Little Effeot or. Trade
Corn Prices Ease With Wheat, Trade
Being on Small Scale - Improved
Weather Carries Oats Down.

conditions for the crops turned the
wheat market down grade today. The
weather IN the Dakotas and Minnesota
was said to be ideal, with every day
adding to the likelihood of a big yield.
Notices of a farther decrease in the
amount of wheat on ocean passengers
failed to be Of much help to the bulls.
Opening prices, which ranged from 4
to l cent lower, with December at
1854 to 1861, and December at 1-04a
to LOS, were followed by a moderate
additional setback all around.
Later the wheat market reelected the
report of the sinking of the Arabic in a
decline of Is cents September sold
from 105ss to 1.O4A and December
from 1.04 TO 1,037s.
The close was unsettled at s. to u
net decline. with September at Los .
and December at 1.04as.
Corn.
Corn eased with wheat. Trade was
small after opening unchanged to 4
TO "a lower with September at Is q
75A and Demberber at 63aa to 637s,
the market underwent something of a
decline.
The close was firm at the same as
last night to IS and q higher with
September 1875 TO rs and December
GAS.
Improved weather carried down
oats. Buying of the traders, tho,
gradually checked them all.
Provisions.
Provisions seemed lower, Influenced
by the weakness of oats and grain.
The chief pressure to sell was on ribs.
Daily Grain Letter.
Furnished by Lamson Bros & Co.,
Masonic Temple. Phone 1881
Chicago, Aug. 19.-Wheat-More i'm
portance was attached by local wheat
in the northwest than to the heavy
rains which fell over night in the
southwest and are predicted quite gen
orally for tomorrow. The principal
buying was by commission houses on
resting orders While some export
business was done the quantity is said
to have been limited by cheaper Offer
irgs of Manitoba. A general move
ment to primary markets is shown
some increase, but the total is no. yet
sufficient to cause material accumula-
ton. Both the speculative public and
cash interests believe In lower prices
Corn-As was the case yesterday
September corn showed independent
strength. and riiosetii al top prices after
a rally of Us cents from the bottom.
The deferred deliveries were unchang-
ed TO Y higher. Late harvest and nm
certainty as to the outcome Of the
growing crop, have curtaled country
offerings to such an extent that cash
prices have not only maintained
strong premium over the futures but
have shown a tendency to advance
Tenn peratures over most of the corn
belt We're low for the best development
of the crop. Discouraged shorts there
fore in attempting to satisfy their con-
tracts, found offerings very light until
the market had advanced to new levels
on the present upturn.
Oats-The weather prospect and a
decrease in country offerings caused
the September delivery in oats to gain
u of a cent while deferred months
were 4 lower. Domestic and seaooard
demand was fairly active total sales
aggregating about 100000 Sales for
August and September shipment will
he hard to fill unless receipts are lib
eral. The quality of oats now arriving
is not encouraging to those who have
standard oats sold for future delivery
within the next six weeks
OBSERVATION-DISCLOSURES reflected a
better cash demand, packers being
early buyers of fair quantities Of pro-
duct. On the advance local shorts
were buyers of both ribs and lard.
Receipts of hogs are large and prices
today ranged to 10 cents lower