Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1913-12-23

! nUI VILN UIIUVU
WORLD
off to 90kc, and the July touched s7Ac.
Domestic visible supply decreased l.
$4,000 bu as compared with 121 900 blu
additions same week in 1912 and now
totals 7l,741, 900 bu, including the bond
ed wheat in this country. or 4,1140O0
blu more than last year. Stocks at Du-
luth increased 1.263,000 blu, Minneapo-
lis 100000 blu, New Orleans 100000 blu,
New York $4,000 bu and Philadelphia
1900 blu, Detroit stocks decreased 49,
900, Kansas City $4,000 bu, Omaha 34,-
900 bu, and Toledo $4,000 blu. Buffalo
increase 5,S4s.000 blu; wheat on lakes
decreased S,S76.000. Local stocks re-
duced by 100000 bu this week, and are
now 7,746,000 blu, or 100000 bu small
er than those Of one year ago. The
European visible decreased 3,062,o 900 bu
last week and Is now 77.160,000 bu, or
4,s40,00O bu smaller than last year.
One year ago there was decrease Of
100000 bu. Local contract stocks were
reduced by $4,000 bu and are $467. 900
bu. or ,275,000 bu smaller than in 1912.
Worlds available supply, as compiled
by Bradstreets, decreased 2,501. 900 bu
the past week, compared with 2,795.Oo0
blu decrease for a similar period last
year and total is now reported 1924,
900 blu, or 100000 bu larger than the
same date one year ago. The Canadian
visible increased 100000 bu and now
totals 17.379,09o blu. as against 1854
600 bu one year ago. Market rallied NC
at the last on decreasing receipts and
continued heavy clearances.
CORN--A fair general trade was wit
messed under this head during tho week
just closed and resting spots show the
December &c lower, while May lost
Nc and July Nc. Local temper was
decidedly "bearish" at the outset and
values tended lower the selling being
based chiefly on the larger receipts and
break in cash values. Warehouse in
terests sold freely and led to consider
able liquidation by, longs" and before
the decline was checked the December
sold to sc. while the May sold to 69hc
and July to 6Sh@6S&c. The increased
marketings In all directions and bear
ish" construction placed on the final
government report were other factors
in depressing values. The final govern
ment report made the yield 2.446, 1885, 900
bu, compared with 3.124,746,000 bu one
year ago and 1851 ,488,000 bu in 1911.
The yield per acre was raised one tenth
to 23.1 bu. against % bu in the Novem-
Der returns. The crop was reduced H.
10000 bu from last months figures and
697 100000 bu from last years record
returns. The wheat decline, lower
cables, "bearsh" Argentina crop esti-
mates. and cheaper Argentina offers
were likewise bear" influences. Around
69hc for the May and $3.50 for the
July better class Of buying developed
and long" lines liquidated last week
were In some instances reinstated.
Shorts" too. covered freely, complet-
ing with new investors for the offer
ed December touched FOX @70Ac, while
the May sold to 7O%c and July to
69%c. A feature on the bulge was the
covering by December shorts" and
purchases for southwest account The
advent Of unsettled weather in the
southwest and reports that the country
had stopped selling tended in no little
tone to the situation. Consignment no
tees reported as falling off and recent
decline said to have netted losses to
Iowa and Illinois shippers. New York
reported the receipt OF Argentina cables
claiming locusts were appearing in
great numbers in the north and causing
considerable apprehension among the
growers Of corn. Three cars of yellow
corn We're bought here Tuesday for
shipment to Missouri feeders at-h "a 1c
under what It could be shipped from
Iowa. Scattered profit taking by hold
ers occurred at the higher levels re-
corded, and the May reacted to 69Mc
and July to $3.50.
Visible supply increased $4,000 bu,
against $4,000 increase same week in
1912, and now totals 2,694,00O bu. or
PSI 900 bu larger than reported one year
ago. Local stocks decreased last week
$1,000 bu and are now $4,000 bu. or
226,000 bu smaller than one year ago.
Local contract stocks were enlarged by
10l 900 bu last week, and are now 1885,
900 bu, or $4,000 bu larger than report
ed same date in 1912. The worlds Wis
ible supply, as compiled by Bradstreet's
increased 100000 Blu the past week,
compared with $4,000 bu increase for
same period in 1912, and total is now
reported 4.515,000 blu, or $4,000 bushel
larger than one year ago. Receipts here
for week 3,439 cars, against 752 cars one
week ago and 2,340 cars one year ago.
OATS-A small range of prices was
made in this market the past week, but
net gains were only nc, compared with
the previous week. Trading was not
heavy, and the feeling mixed On the
DISdh1 DciOW fAC lOT WAY, offerings
disappeared readily, as commission
houses had good buying orders. Cash
demand was not as urgent as of late,
and some of the oats taken in on De-
cember purchases of late have been
resold. Shipments Of oats taken in
lately, however, have been heavy, and
the stock of contract decreased 1885,
900 bu last week, making the total H.
$4,000 blu, against $4,000 bu last year.
Total stocks in all positions decreased
1,546,009 blu, and were 11,289,00O bu
against $4,000 bu last year. Total
stocks in all positions decreased 1,546.-
900 blu, and were 11,2s9.O00 blu, against
100000 blu last year. Final returns on
crops for the year made the yield OF
oats little less than the previous esti-
mates at 1921, 100000 blu, against 1,41S,-
$4,000 blu. the record yield last year,
and 922,29S,o00 bu two years ago.
Acreage was 3S,399,0o0 acres, showing
little change. Yield per acre was 29.2
blu, against 37.4 blu last year. In the Wis
ibe supply there was a decrease Of L.
$50, 900 bu, against $4,000 bu last year.
The total was 27222000 bu against @