Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1915-04-01
EoNplThoN OF FALL SoWN
CEREAL SHOWS GAIN COM.
PARED WITH DECEMBER.
RECORD SOWING IN
WESTERN TERRITORY
Corn sympathixes With Weakness Of
Wheat Tho Offerings Are Not Heavy
-Traders in Oats Take Their Cue
From Action Of Other Grain-SeIlng
by Packers Weakens Provisions.

Chicago, April 1.-Possibilites of
larger domestic crop this year than
was the case last season, tended to
make the wheat market sag. Accord
ing to an experts estimates, the con-
dition of the fall sown plant showed an
actual gain compared with December.
Besides the territory likely to be sown
in the west was much in excess or
previous high records. The marker
opened unchanged to II cent lower and
after a moderate rally again turned
down grade.
Later the market developed strength
owing to scattering crop reports Of an
adverse nature and because OF shorts
evening UP for the holiday. The close
was unsettled at 70 cent above last
night.
Corn.
Corn sympathized with the weak
ness of wheat. Offerings, tho. were not
heavy After opening unbalanced 10
"a cent lower, prices hardened a little
and then suffered decline all around.
The close was firm at an advance OF
u TO y cent net.
Oats.
Traders in oats took their cue from
other grains.
Provisions.
Selling by packers carried down pro-
visions What demand there was came
chiefly from shorts.
Daily Grain Letter.
FURNISHED by Lamson Bros. & Co.,
Masonic Temple, phone 1881
Chicago, April 1.-Wheat - Local
traders, anticipating evening up sales
over the holidays by longs were free
sellers of wheat early. Their covering
later in the day, after commission
houses had absorbed the offerings on
resting orders, resulted in a sharp adj
vance. The general tone of the foreign
news was bullish and a repetition of
bearish crop prospects at home was
practically disregarded. The most i'm
portant bun factor was heavy export
clearances for March which totaled
over 100000 bushels and these figures
were all the more impressive because
today's clearances from the seaboard
were 1878. 900 bushels.
Corn-Local traders were also dis
posed to be too bearish on corn which
reacted sharply from the low point
and closed n to IL higher. AS was
the case in wheat export clearanceS
were liberal at $4,000 bushels and pr1-
mary receipts were very moderate.
Domestic demand was fair with sales
Of $4,000 bushels reported. The cash
market which opened easier closed
steady at about yesterdays prices.
Oats-Oats failed to show as much
strength as other grains but sympa-
thiZed in measure with advancing
tendency in other pits. The Oklahoma
crop report, indicating a very large in
crease in acreage and the continued
heavy receipts at primary points were
factors in checking the advance. The
domestic demand was fair with sales
of 175,000 reported.
Provisions-After an easy start pro-
visions regained their loss and closed
steady at little change. Scattered
liquidation and some pressure from
local traders brought about the early
decline. Some of the buying of lard and
ribs at inside figures was credited to
packers. The statement of local stocks
Of provisions, issued after the close
shows a little larger increase than ex-
pected in contract products.