Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1915-05-01
LOWER QUOTATIONS At LIVER
POOL GIVES MARKET EASY
TONE At START.
MAY DELIVERIES
ARE NOT suRDENsoME
Corn Develops Firmness Because OF
Wheat Strength and Unfavorable
Weather in Arsentina-Sales Of Oats
Are on Big Scale But Shorts Find
Little When Forced to Cover.

IIllIdSO- May MS o~SAiSSN -
exporters rallied wheat today after
heaviness at the start The early de-
cline resulted from lower quotations at
Liverpool. Deliveries on May contracts
were not Of magnitude that seemed
likely to prove burdensome. The open
ing, which varied from the same as last
night to l cent down, was followed ov
a general advance.
Subsequently other gains were MADE.
Influenced by the outlook for a liberal
decrease in the United States visible
supply total on Monday. The close was
nervous at 3. to rs cents net ad-
vance.
Corn developed firmness owing TO
wheat strength and unfavorable wealth
err IN Argentina. Commission houses
were buying. After opening q on 10
Il up, the market gained all around.
The close was firm. s. TO Is and l
cent above last night.
Oats.
Oats sales were on a big scale. When
shorts tried TO cover in the pit they
found little for sale.
Provisions.
In provisions the May deliveries
turned out to be smaller than expected.
As a consequence the market hard
ened despite the lower prices for hogs.
Daily Grain Letter.
[ Furnished by Lamson Bros. Co,
Masonic temple. Phone 1881
Chicago, May 1-Wheat-Buying OF
May wheat by cash houses relieved
slight liquidation pressure early today
and the market soon reacted TO better
than yesterdays final prices. Com
plants from the southwest of Hessian
fly appearing In alarming numbers re-
suited In an increase volume Of COM
mission house trade and covering by
local shorts Prices at the close were
q to ia cents above yesterdays nm
ish. While deliveries on May con-
tracts were heavier than anticipated,
the wheat passed into strong hands.
Heavy general rains over the Eastern
part of the winter wheat belt would
likely bring some setback in prices.
Corn-The willingness of cash inter
ests to take hold OF corn around pres
ent prices relieved the market of mod
crate offerings by scattered holders
early in the day and thereafter prices
gradually advanced with little opposi-
ton except from realizing sales and
selling by local traders who were not
in sympathy with the advance. Final
prices were q to ! cent above those o.
last night May showing the greatest
advance Reports Of liberal export
sales late yesterday and some inquiry
today helped the advancing tendency
Primary receipts were liberal. but only
about half as large as shipments, While
seaboard clearances were encouraging
TO those who look for higher prices.
Oats-Those who expected heavy de-
l.veries of oats we're not disappointed
in the quantity but were somewhat
surprised by the fact that consider
able quantity of oats we're paid for by
shippers. This resulted in an improved
demand for May oats which were
strong turnout the day and closed at
premium Of 2. cents over July as com
pared with last nights discount OF n
q q. Oats in the spot market were in
good demand and premiums again ad-
vanced as compared with the May de-
livery. While a few scattered rains
over night, there was no general relief
and further complaints are received as
to the outlook for the growing crop.
Provisions-Despite the cent de-
cline in hogs and heavy deliveries or
May contracts provisions made fail
gains. There was fair scattered de-
nand for pork and ribs from commits
sion houses who were credited with
some buying for local shorts. Cash
trade reported good.