Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1913-11-25

day while May lost hM Nc ana jury
| ssMh Nc. Trade was Of fair volume ana
llshed limits OF 1A@2hc. The week
opened up with local temper quite
"bulish." made so In the main by tne
! official forecast OF unsettled wea!ncr
most of the week through the leading
states of the corn belt. Light country
acceptance, small receipts and decreas-
ing supplies added to the discomforture
OF December shorts" who, in coverinR'
| advanced the price to n mAc premium
over the May. December bulged 70
72B @72Ac, while the May sold TO 7lts
m72c and July 71@71hc. Spot corn
J here was in better demand, with ship
pers bidding more freely for yellow ana
white. the trade now basing their bids
on the May instead of December de-
livery to an increasing extent At the
higher levels reached there was con-
siderable profit-taking by local as wei!
lost all Of the early advance. Sellin8
here was based chiefly on the weak
ness In cash values southwest. whero
country offerings were reported al IN
creasing to a considerable extent.
Omaha received an enormous quantlty
Of corn Monday, PTS cars, against IL
cars the corresponding day last year.
The heavy run was due to the high
price put out there to western Iowa
and Dakota Saturday--72c per bu Tor
new corn. The big run broke the
price 2@2hc All this corn Will 30 west
and southwest. as prices there are
above the Chicago level. Feeders az
Colby, Kas., were reported as paying
S5c per bu for corn to feed live stock,
and claim to be making money In the
transaction. Local "bulls' are pre-
dieting that Omaha would receive more
corn than Chicago in the next three
months. and that more corn Will DO
, shipped into Nebraska and Kansas
than into New England during the
!, present crop year. They base this be-
lief on big movement into thase Two
states on their needs as active farming
, communities requiring large QUANTITIES
, Of feed for work animals and breeding
stock, whereas the New England needs
t are largely for draft animals In the
l cities Sales OF new corn from the
/, country showed considerable increase,
, but the total, nevertheless. was small,
offerings coming from Iowa and Hi
nois.. Kansas City claimed tho larse
t premiums, adding that mild weather
and fine pasturage was curtailing con-
> sumption in southwest. Worlds Ship
l ments were smaller at 3.l97 900 blu. a.
t compared with 5535,000 bu the week
5 previous. and $4,000 bu In 1912. Wis
7 against $4,000 decrease Same week IN
Z 1912 and now totals 3.524,000 bu, or
> ], 1851 900 blu larger than reported ono
r year ago. Local stocks decreased last
, week 1,147,00 bu and are now 10000
blu, or 1,14S,OOO bu larger than at cor
, responding date last year.
Receipts here for week 4S1 carr.
t against $40 cars one week ago and
e 1895 cars one year ago. Western mar
I ketings smaller than for same period
. in 1912, and November to November
| Is totalled 4,634,000 blu. compared with
5,os0.O00 blu in 1912 Export clearances
were again small, 1000 bu, compared
0 ped 1,82S,00o blu, and since January l
t a total Of (17s,11s,000 bu. as against
l65. 1884, 900 blu same period In 1917.
Visible supply there $4,000 bu; year
I ago, 6,S85,000 bu.
! There was some trading In timothy
seed. more than in any other line. This
did not mean very much. On some days
:, there would be fair sales. on others al
. most none. 1t depended on the offer
ings. When seed was offered buy
e ers appeared for it. When there
was no offerings 1t did not seem
- to make much difference. Bids
. on the same sample Of seed would often
!. vary good deal That showed DIFF
. ferent buyers to be widely apart in
their views Of value. Seller naturally
held out for the best bid. There was
+ no essential change in prices quoted.
= The sales Of country lots were over a
range Of s3.75@5, depending on quality.
q The main trading was at 34409A75 for
a ordinary to good seed. That Is tho
a way most Of 1t ran. Nothing was done
in futures. Buyers and sellers were
n not far apart; with an urgent desire to
. trade they could have come together.
ed about. That met with 35.65@6.7o
q bid and was offered at s5.7585so. De-
a cember early was quoted at 45.45@6. 66,
n and later it was not mentioned. Con-
g tract spot was called nominally about
- $5.3565.40. Country lots quotable 1915
- @5.25 for poor to choice; fancy pos
sibly higher: very poor lower. Fair to
a good, $4.35@475. a
Glover Seed.
+ There was clover seed received and
n there also were shipments. On the
a markets, however. hardly any appeared,
= only now and then a few bags. The
Il open market business did not amount
a to anything. A few bags sold over .
a range of $s@12.5o for poor to good.
a There was very little Of 1t, altogether
q 1t would hardly make a good express
- wabon load. Glover received was prob
+ ably mainly seed purchased In the
y country. The shipping business was
in filling orders from store. 1t Is diff
n cult to tell much about a market when
:. there Is no trading. Occasionally there
! would be bids for future delivery. II
- would also be offered. Buyers and SELL
ers in such cases would be 10000
apart That would make 1t appear
4 that neither side was anxious. From ali
r. accounts country holders remain firm.
a How bad dealers wanted to buy II
% was hard to say. 1t would take more
a important offerings to decide that
- March met with 1880 bid and 1880
~ was asked. Spot contract was quoted
- as nominally about 1880. Country
d lots were quoted at &10@13 for poor
- to choice: at the same time It sold
~ down to SO. Fair to good was quoted
"a at $12@13.
% Receipts for the week were 7,li0
tons, against 1879 tons for the previous
:. week Shipments for the week were
$40 tons, against 6S5 tons the previous
week The market for timothy hay
ruled firm during the early part of the
week The offerings were only fair and
the demand was good. Later, the In
O. uuiry was not so urgent, and although
- tho roceinta showed M material iUa