Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1915-08-20
PRICES ADVANCE AFTER TEN.
nENcY TO DECLINE IN oPEN-
ING MINUTES OF TRADING.
POSSIBLE COMPLICATIONS
WITH GERMANY FACTOR
Moro Rains in Winter Crop Belt Also
Have sullish Effeet-cooi Weather
Hinderins Growth of Corn Causes
Hardening OF Prices-Delays in Har-
vestins Make Oats Firm.


showed some tendency to decline TO-DAY
the depression soon wore off. MlsslF-
tngs in regard to possible complications
from the sinking of the Arabic led TO a
good deal OF selling at the start; ana
so too did the bearish crop reports
from the spring belt. 1ncessant rams
however, in the winter states brought
about a subsequent uptura especially
for the September option opening
quota tons which ranged from Is 70 5
lower with September at los to les -
and December al 1.033s 70 Io4, We're
followed by decided general rally
that carried September VIII above yes
terdays close.
The close was steady al 70 Is de-
cline. with September al Loss ana
December at 1.o2s4.
Corn.
Cool weather hindering growth, mad
a bullisll effect on corn. The Septem-
Der option was in particular demand.
After opening a shade off TO Is up
with September at 757s 10 IS and
December az 6ils TO SAX. the market
scored a moderate advance all around,
The close was steady at Is 10 i q 5,
net lower. with September at '2s4 70
.5R anu December at 55%4 10 10
Oats.
Continued DELAYS of harvesting made
oats firm in the outset. Offerings from
the country We're small.
Provisions.
After a hesItating start, provisions
developed notable strength. The chieI
buving was for a Milwaukee packer
IN
wardness of the corn had rendered
higher prices for provisions inevitable.
Daily Grain Letter.
Furnished by Lamson Bros. e Co.
Masonic temple. Phone 1881
Chicago. Aug. 20-Wheat-Bearish
sentiment continues 10 dominate the
local wheat trade, and with help from
weather conditions IN the northwest
and renewed activity of the German
submarines against merchant and pas
senser vessels they succeeded in de-
pressing prices today. Complaints o.
damage from the southwest and a bull
ish review Of the situation by the Mod
cry, Miller received little attention. Ac-
cording to the department of agricul-
ture, only IS $40 per cent Of the win
ter wheat crop had been threshed VI
TO Aug. /. as compared with As per
cent in normal years. The damage
resulting from wet harvest has in some
cases been OF a sensational character.
Corn-The news Of corn was bullish
on an early bulge heavy realizing safes
supplied the demand ard the market
becoming slightly overoought became
easy with wheat. Continued cool
weather with heavy rains in some sec
tons and a further advance in cash
corn were factors in the early strength
Shipping sales of 10000 were re-
ported. a part OF which Is for Octobe!
loading. No yellow corn in the
sample market sold al S4A and SOM
sales al team tracks were made a
even higher prices. Offerings from
Iowa increased somewhat on today:
bulge, but the bulk Of the offering:
were above the market.
Oats-Rains over the southwest owe
night and reports OF rain in Illinois ant
Indiana during the session had bull
ish effect on cats. Profit taking ant
the weakness in wheat caused re
action and closing prices We're at littl
changes from last night. Country OF
ferings continue small and the qualit:
OF receipts poor
Provisions = Provisions average
higher with buying Of lard and ribs ..
one of the leading shorts. AS usua
packers had product for sale OF tn
advance. This particularly was true 0
lard There was no new feature j!
the cash situation. While the period 0
heavy consumption is close at hand
the lack OF export outlet and the pros
pect of liberal hog receipts counterac
all bullish influence.