Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1914-01-22

the cash situation is looked upon as the
| weakest in some time. The price of
May last night was whiting fraction
| of the lowest close on the crop. Senti-
ment was almost unanimously bearish,
fifteen out of twenty opinions sent out
by commission houses favoring that
side Operators in close touch with the
cash situation said there must be a
| change for the better in cash demand or
| a reimbursement of futures, as they are
regarded as too high. With sentiment
| so one sided it was the belief OF a few
| careful traders that there was too much
unanimity on the bear side. and that
the technical situation warranted a
temporary rally. 1t was generally re-
! marked that the trade of late had been
case of one bear selling to another
bear.
Milling demand for cash wheat yes
terday was rather slow, only 10000 blu
selling at Chicago. But there was 100,-
900 bu hard winter sold to seaboard ex
porterS. During the past week red win
ter has declined 2hc as compared with
the May, going from 6l2c to 4c over
May. due to larger offerings Prices IN
southwestern markets were unchanged
for the day. but OMAHA was unch& nged
to &c lower, despite sales Of $4,000 blu
NO. 2 hard to exporters. Milwaukee was
off 1aM1c Toledo broke NC on red
| Yesterday and is off 2Ac since last Fri
day, due to increased receipts and
larger country offers.
The soft Minnesota varieties of blue
stem and velvet chaf wheats at Min
neapolis found slow sale yesterday No.
1 hard spring sold at &C over May, blue
stem at 1c over to 1kc under May and
velvet chaff at 1m1Hc under. No. 3
northern at Winnipeg went from 81 c
to &c discount under May.
Cash corn markets throughout the
west, with the exception of Peoria,
! showed marked weakness yesterday,
Chicago being off 1a@2c, the latter on
, the poor No. a yellow and sample
grades. No. 3 mixed. off 1R to SIC at
close. White corn, however was re-
garded by some Of the handling as Rc
higher. Shipping sales aggregated
100000 bu. Omaha reported 4 cars Of
No. 3 yellow sold early at &c decline,
but the market there closed unchanged
to 2Rc lower.
st. Louis corn was @m11zc lower at
the last and Kansas City unchanged to
1c lower. and claimed Omaha was Of
ferng corn there 1c lower than on
Monday. Peoria was " m1c higher on
I No. 3 yellow and mixed and unchanged
t, 1sc higher on No. d. Milwaukee No.
2 white sold at SAC. against 66c the
previous day. while other grades were
unchanged to 12c lower. Receipts at
st. Louis yesterday. 1870 cars, We're the
largest on the crop.
Cash oats were unchanged to NC
lower at Chicago Tuesday. with ship
ping sales of $4,000 bu. st. Louis was
4 a &c lower. Kansas City unchanged,
Omaha and Peoria Nc lower and Mil
waukee unchanged to NC lower
Most Of the consignors Of horses
who were willing to cut loose and let
the eastern buyers make the prices on
their horses were able to dispose of
their lots. The stuff in offer Of the most
part did not have much quality and
sales ranged largely between $14O@ a
1880, with a sprinkling Of from s2O5M
220. COnsignors are complaining that
they are losing money and buyers that
they can hardly afford to pay as much
as they are paying and run any chances
Of getting out whole. Good farm mares
are quotable at $20OM225. Best high
qualified chunks with weight are quoted
to us at $225d24O.
Kansas and Iowa took the honors
Tuesday at the nintb-annual Denver
Live Stock show. Kansas Agricultural
| college exhibited eleven steers Of var
ious breeds which won three trophies.
four championships, three reserve
mpionships, one first and one third
prize.
w. J. Miller of Newton, Iowa. with
Black Bloom, an Angus 2-year- old won
sweepstakes. and another Miller Angus
steer, Ridgelawn. was awarded the re-
serve grandchamponship .-..
Kansas college showed first senior
yearing steer, also first Junior yearling
and calf. and Shorthorn steer herd. s.
c. Saunders won first in grade and
cross bred 2-year- old class. w J. Mil
Ter showed the first yearling grade and
champion grade steer. Kansas college
won first prize grade Hereford yearling
and champion grade Hereford Of the
show.