Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1914-04-28
GRAIN REVIEW OF
THE PAST WEEK

LIE L ADJ w GEh
Weather conditions in this country
during the week just closed were fairly
seasonable and the agricultural out
look on the whole Is very favorable.
Spring wheat seeding Is well under
way in the northwest and Canada and
soil conditions reported excellent
Rains this week were, however, un-
evenly distributed. Oats sowings
further advanced and reports from the
southwest regarding the condition Of
the plant quite satisfactory. Corn
planting, too, made further progress in
the more northerly districts. Reports
regarding the condition Of winter
wheat almost uniformly favorable,
though green bugs were reported In
sections Of Oklahoma and Missouri.
Present outlook highly favorable over
the great bulk of the area. Live stock
in most sections of the country came
through the winter in good shape.
The movement of grain from the
farms and interior elevators during the
week just past was only moderate, be-
ing restricted In measure by farm
activities. Receipts at the leading
terminals in the northwest fell of
somewhat. Marketing in the west and
southwest, both of small and coarse
grains, were also quite moderate, and
receipts at terminals In the central
west were comparatively light. Ship
ments of grain eastward only fair, and
arrivals at the seaboard moderate. Elk
ports of breadstuffs were moderate and
new bookings rather disappointing.
Corn clearances continue limited. Ac-
cording to official visible supply as
compiled by the secretary of the Chi
cago board of trade, there was de-
crease in wheat, corn, oats, rye and
barley. Worlds available supply of
breadstuffs decreased S,150,000 bu. to
! LIE, 1888, 900 bu. for the week, compared
to 1919, 100000 bu. for the correspond
ing date one year ago.
Continued pressure of Argentina
corn was primarily the cause of the
defeat of the campaign in the May de-
livery. Good rallies followed the dip,
and late tone was steady. Oats suf-
fered early in the week because of the
Decentralization in corn, but were held
steady at the last on attempts of some
of the early Short sellers to cover.
Final prices were, however, higher
than week ago. Seeding and crop
advices we're generally favorable.
The trade In cash grain the past
week was again reported of very mod.
crate volume. Consignments continue
meager, due to considerable extent
to farm activities, and purchases to ar
rive were limited. Demand for wheat
was very slow both on milling and
export account. Offerings fair. Prices
irregular following the trend Of specu-
lative values. Corn in very moderate
demand and offerings were compare.
lively small. Prices were lower follow.
ing futures. Oats were also weak and
lower. Demand still slow and supplies
moderate. Rye ruled quite and prices
steady. Barley was in fair request
that is, mailing grades and the offer
ings only moderate Prices fairly
steady. Seeds were quite and steadier
in tone. Receipts of hay larger. De-
mand good and prices steady.
WINTED WHEAT.-Business has
been rather slow in this market the
past week, but firm feeling existed.
with prices based entirely on the fiuc-
tuations in the speculative market,
and were advanced to 1hc. War
news stimulated the advance some.
Crop news generally was OF most
favorable character. There has been
! no direct export business from here
and millers restricted their purchases
to the smallest possible quantity, and
just to supply requirements from day
| to day. There was no disposition on
the part of millers to lay in reserve
stocks, although late in the week they
bought little more freely. The wheat
taken by domestic millers comprised
the various grades. The receipts for
the week were small but show a slight
increase as compared with last week.
| The small shipping purchases were
mostly of wheat taken out of store.
The track-lot offerings were taken
readily, partly by spectators. Stocks
of hard wheat in public elevators were
increased slightly, and the other
grades show decrease of $4,000 blu.
Receipts for the week 191 cars, against
124 cars received the preceding week.
There were taken out of public eleva-
tors 1853 blu. and out of private ware
houses 142 cars and 167,897 Blu.
strong during the past week, in SYM
Ddlny WITH LHc llFAlluCoS ulopIdyCu IA
the speculative market, and there was
steady advance Of to INC from
the opening. The receipts have been
light and the demand of a very mod
crate character. The trading was en-.
tirely to supply domestic millers and
comprised the various grades. but
mostly choice northern. Stock In store
that is public elevators, decreased 54,-
600 bu. All fresh receipts were .aken
up readily by either spectators to sell
again in the speculative market, or by
millers. Receipts for week aggregated
IS cars, against rs cars received dur
ing the preceding week. Withdrawals
from public elevators were 54,083 blu.
and from private warehouses IL cars
and no blu.
For regular wheat stronger and
higher market existed, with net gains
Of va nc for the week just colsed.
Where the trade on the whole was
looking for weakness and price de-
clines. there was strength and ad-
yances. There were numerous reasons
for the strength displayed. The trouble
between the United States nnd Mexico
81, ct, NJ attention ho.