Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1913-11-15
Market Notes

| AVASSA INV A>OSSc j
Packers needed 10000 hogs at Chi
cago yesterday to make 5Q10c lower
market. Supply fell short Of that num-
Der and the raiding process was sus-
pended Although local killers were
anything but clamorous for house hogs
the market had strong close that was
very suggestive of healthy fresh meat
demand. The manner in which the
market has acted this week has merely
grounded the impression that last week
uncovered low spot for the winter
! packing season. Demand Is as potent
a factor as supply and as long as the
big killers get such keen competition
| they are not likely to shape the market
/, course to suit themselves. II growers
visibility of feeding young hogs. room
| for skepticism no longer exists. A con-
,viction is growing that there will be
plenty Of Scent hogs during the next
ninety days and that along toward
March substantial figures will be writ
ten on sale tickets, provided, Of course,
that the country does not go to the
sense meanwhile. Results show that 1t
was easier to forecast q 6h@7 cent
market than buy droves on that basis.
/, Cash corn w..s the chief attraction
yesterday. there being the revival Of
the demand from feeders in the Kansas
! City market, where prices were up
| h@2c, the latter on new No. yellow,
which sold at ITO, against Zoo the pre-
vious day. st. Louis advanced n Ole,
with new No. yellow selling at 64c,
while Omaha was unchanged on old
and N lower on new, total receipts Of
all kinds there being 100 cars. against
small run last year, receipts there
being about SO per cent Of the total
:; primary arrivals. Peoria was I'M
-hanged on old and A@1c higher ON
new, cars OF tn latter being on sale,
sample grade bringing 82Nc, No. 4
white CSC and No. yellow 66@66Ac.
Milwaukee advanced Nc. Chicago had
"A cars Of new corn, Of which 20 cars
latter selling at s5@67c, while sample
grade was 5908sc. Cash demand was
good, with shipping sales here OF 1885,
900 blu, in addition to $1,000 bu No. 2
mixed in store at zoe and 5000 blu No.
2 yellow at Tic. Country offerings
were light
situation, and shipping sales here az
gregated 10000 bu, including $4,000 blu
hard winter. st. Louis and Omaha ware
| nc higher, and Kansas City n 1c
higher, the latter market predicting
lighter receipts, and said that country
offerings were very small. Milwaukee
was unchanged.
Oats showed more strength than
futures being up NO Nc here, although
shipping sales were only 10000 bu.
Milwaukee was Nc higher Peoria n %
| nc higher, Omaha unchanged, Kansas
City Nc higher and ST. Louis I'M
changed to Nc higher
Des Moines message said that some
little new corn sold at Iowa stations
equal to 70Ac for new No. corn, ten
days shipment, with the state flooded
with bids. Anticipate some movement
| of corn about Dec. ], although 1t will be
largely on old sales to Kansas City and
| Omaha.
A prominent local receiving house
/ Ia.) correspondent: 1--WE are. loading
out 5000 bu Of new corn, shelled from
our cribs. Results Of Ave moisture
tests taken were 1874, II, 17.2, 178, and
1873, which indicate that corn in this
vicinity Is No. or better. With new
No. 2 corn selling In Omaha at 72c and
better we could not think Of shipping
to Chicago, with old No. 2 yellow sell
ing no better than the new in Omaha,
and our difference In freight and COM
mission being 2hc per blu. 1t wou-l
seem that Chicago would have to get
in line for this first new corn move
ment II they Vexpect to get any Of 1t.
You are now something like 1c to Sc
under any other primary market, un-
less 1t Is Milwaukee,
! LIE Mars (Iowa) message said: Zone
hears of lots Of fields that run 65 to 10
bu corn per acre. Almost every place
visited reports yields larger than OK
pected. Believe Iowa will ship out more
corn this year than last year. NSarly
every elevator man and lots Of farmers
say the same thing. as the hogs are
| very scarce everywhere. From all
can see and learn. elevators are loaded
up to the roof with .35c to $50 oats.
stocks running from 5000 blu up, and
they will have to go to market some
1 time, although nearly all Of them are
trying to make themselves believe In
! higher prices. Lots Of farmers through
good weather they will be finishing
fast A lot Of elevator men have no
corn bought, and are staying away
from it as far as possible"
Timothy--March delivery sold at
1915 yesterday. It was the first trade
in contract seed made in some time.
me prlcerWas a compromise, DelHH u
little better than lately bid, also q
shade under what has been asked. De-
cember was $5.40 bid and $5.65 asked
and spot contract $685. nominal. There
were just moderate cash offerings.
The demand was tame Quotations
about steady for high grades and easy
for common. There was trading at $40
1855 Country lots quotable at $3.50
5.25 for poor to choice; fancy possibly
hfubar. vary NOR lower Fair RI rood
$4.35@4.75.
| CHARLTON