Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1913-12-16
GRAIN REVIEW FOR PAST WEEK SHOWS
GOOD BUSINESS AND BRIGHT OUTLOOK

WU DnIUnI UUIluUk
| over December, and ranged at 95% a
s7hc. No. 8 red was quoted 92Qssc. No.
red ranged at s9Q92c. No. hard in
store quotably same as December to
NC over December. and ranged at S7A
@S9Ac. Track lots, Chicago billing 10
Nc over December, and ranged at S8%>
| @s01 Nc. and soft variety would COM
mand a liberal premium. No. 8 hard
at S5QSsc. 49,.
Local stock Of No. hard spring and
No. northern in public elevators re-
| ported at 100000 bu, against 486,000 blu
| last week, and 3,051,000 blu one year
ago OF the undergrades there were
$4,000 blu. against $4,000 bu last week
5000 bu q year ago. No. ! northern In
store entirely nominal. No: northern,
track lots, fresh receipts. local or I'LL
nois billing. quotably sh@4hc over
December price and ranged at 91@93c.
No. northern ranged at 90@92c. No.
northern ranged at SIN @901ac for
ordinary to choice, No. northern rang
ed at S3@ssc. No. 2 spring ranged at 80
oslo. No. spring ranged at $4,000.
No. spring quotable at S2@s7c. for
poor to choice.
CORN-A good general trade occur
! red under this head during the week
just closed. and while the feeling was
quite unsettled at times, the tone at the
| close was comparatively steady. Final
| figures show the December OFF 2hc,
while the May lost INC and July IL @
| 1Bc. The situation at the outset was
| weak and values tended lower, the
| the chief bear" incluence. December
was particularly weak on account of
the general covering by shorts late
last week and declined to 69hc. May in
the meantime touching 60hc and July
sc. Buying by commission houses on
| resting orders at the decline absorbed
the offerings and later on the under
were reported as slightly larger and
freer receipts. were anticipated. Gables
were lower. and eastern demand re-
ported very moderate. Another cargo
100000 blu Argentina corn reported ara
rived in New York Monday. making
three cargoes there within the past ten
days. Cash values In the southwest
broke badly, and the shipping trade
here was Of very limited proportions.
Around 89hc for the May and soc for
July the buying was Of good class and
Shorts in competing for the moderate
speculative offers advanced the whole
list, the former delivery selling to x
@70c and the latter to 69Ac. AS the
week advanced country purchases to
arrive were heavier and some increase
in sales reported by farmers. Part Of
the current receipts, too, were applied
on November shipping contracts on
which the country dealer secured ex-
tensions, and offerings in the sample
market here were relatively small early
but much larger during the closing
days. Liverpool ruled weak this week.
due to the larger worlds shipments
and other causes. Routine statistics,
strued as moderately "bearish." Worlds
shipments were larger at 100000 bu,
as compared with 100000 blu last
week. and 1854 bu In 1912. Visible sup
plj increase $4,000 blu, against $4,000
increase same week in 1912, and now
totals 2,352,000 btu, or $4,000 bu larger
than reported one year ago. Local
contract stocks were reduced by 10000
bu last week, and are now $4,000 bu,
or $4,000 bu larger than reported same
date in 1912.
OATS-Good trading at lower
range, and close with losses Of " 0H
for the week were the features OF the
oat market the past week A great deal
of changing was on and lot of buying
Of May against sales Of corn also help
ed to enliven trade. The corn oats
to 27hc at one time during the week
Reports from the country indicate that
there is a disposition on the part of
farmers in some sections to consume
their oats more freely owing to the high
prices Of corn, and that in central Iowa
so per cent of the crop is on the FARMS
Country holders are in no hurry to sell,
and the movement Is moderate. Ship
ping demand was fair, and supplies in
the sample market not large, but
prices declined. RECEIPTS for the week
were 600 cars, against 602 cars the
previous week, and 900 cars last year.
Local stocks decreased $4,000 bu. last
i, *, and were 12,s35,OOO bu., against
2,217,OOO blu. last year. Contract stocks
decreased $4,000 blu. and were $685.
900 bu., against $4,000 blu. last year.
crease Of 10000 bu. against $4,000 blu.
last year. The total was 2s,902,O00 blu.
against 10,082,000 blu. last year.
Rye.
Sympathizing partly with wheat,
but more on itg own merits, the market
ruled firm and prices were quotably
about &c higher. The receipts were
smaller, in fact very light, there was a
good demand and the market was
cleared Of previous accommodations Of
the under grades, some Of which had
been carried along for a week or more.
The trading was wholly on domestic
account, and receipts have scarcely
been sufficient to meet requirements.
Buyers wanting choice rye had some
difficulty in supplying their wants.
Transactions were nearly all in the un-
der grades. No export trade reported,
but little taken now and then at sea-
board. The visible supply increased
$4,000 bu. and is now 2,2S4.O00 blu. COM
pared with 1,760,000 blu. one year ago.
Receipts for week cars, against 81
cars the preceding week. There were
two cars withdrawn from unlicensed
houses during the week. No. 2, track
lots local or Illinois killing, in mod
crate demand and supply light. A car
Of ordinary quality sold at CSC, and
choice nominally 64@65c. No. quot
able at 50@62c, with sales at 57@62c.
No. quotable at 51@5Sc, with sales
at 54@58c.
Barley.
The main buyers, masters, have not
expressed any anxiety for Barley the
past week. Receipts have continued
very good A considerable portion Of
what came in-the greater per cent, it
may be said-was delivered on to-
n ,.,.i,,a co1aa This with what hoe haoo