Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1914-04-14
MARKET NOTES

| MARKET NOTES !
A cargo OF Argentina corn was
bought by Chicago houses Saturday.
The cargo that buyers figured on Fri
day was not closed. There were larger
offerings of Argentina corn at Mon
treal, at Sac c. /. f. that port. for clear
ance the last of April. 1t has been de-
cided upon by houses handling Argen-
tine corn at the seaboard that they will
sell it in 10000 blu lots to any OF the
Atlantic ports for May, June and July
c. !. T. Montreal Samples of new
Argentine corn were received here yes
terday and made satisfactory show
ing, being considered No. mixed by
the inspection department. and tested
IL per cent moisture.
A Chicago cash handler who spent
several days at eastern seaboard ports
this week says there is no use ignor-
ing the fact that Argentine corn will
quantities and that it viii have an eff
feet on the trade He cites the action
Of the trade in ignoring the imports Of
Canadian oats last fall and the effect
on the trade the last six months.
Receipts for the week ending April
is are estimated at 10000 cattle 120,-
600 hogs and $4,000 sheep against 49,
S%7 cattle, 1922. hogs and 71,s7s sheep
corresponding week OF 1913.
Messages from Kansas City were
bearish on corn. One said lot of
cash corn was held on track there
awaiting orders from Omahn There
were 1855 cars held over unsold. st.
Joseph, Mo-, wired that buyers in the
south We're Offering to resell corn at
prices below the present shipping basis.
mo damage is reported from low
temperature that prevailed this week
throughout the greater portion Of the
winter wheat belt" said the Modern
Miller. The brilliant prospects for
the winter wheat crop have not been
affected. Rain and light snow favored
the plant in many sections"
A Chicago cash grain handler, who
returned from the western grain deal
ers' convention at Cedar Rapids. Ia,
said: "As near as l could find out there
country stations, and that what little
is available is wanted by feeders at
nearby points. Missouri buyers arc
searching the state for supplies. In
dustrial buyers find ii necessary to so
to terminal markets for supplies and
these conditions will continue till after
corn planting. as farm work Is al
ready Il week to ten days late, and
with favorable weather corn blowing
and planting will follow oat seeding"
The Chicago horse run for the week,
totaled more than expected, made
good clearance and prices were we'll
held on last weeks basis Demand
was strong each day of the week. and
closing day saw very few animals to
be carried over. A few odd animals
changed hands Saturday and were of
a common sort. no good quality stuff
was offered
large. following several, large runs in
succession more moderate supply Is
looked for next week, but light runs
ill be enough as demand is expected
to fall Off and shorter receipts are
naeded to hold market from going off.
Weeks receipts totaled about 1900.
against 3.2o23 the previous week. 3.442
a year ago and 1851 for corresponding
week two years ago.
Demand for cash corn was not
urgent Saturday, but sales were of fair
volume, aggrcgating $4,000 blu. Sample
values were unchanged to lie lower
here and at ST Louis, while Kansas
City was unchanged to Ne lower. with
q number of carr carried over unsold.
The latter are said to be owned by
Omaha people. who have the May sold
against It, and if the demand does not
reviv would deliver it on contracts.
Prices at OMAHA were 1a011c lower,
with IS cars estimated for Monday.
Peoria broke AM1c. Milwaukee, was
off Tee.
A frmcr tone prevailed in cash
wheat carkets ST. Louis being nc
higher and Kansas City and Omaha
unchanged, while Milwaukee was I'M
changed to ZEE higher Bluestem No.
northern at Minneapolis sold readily
at u M3c over May and velvet cl1aff
at hc over. Milling sales at Chicago
aagrGegated $4,000 br in addition to
which 10000 bu were sold to go to
store.
Shipping call for oats at Chicago
was slow Saturday. sales being 10000
blu, with sample values unchanged to
Nc lower st. Louis was unchanged to
&c lower, Kansas City &c lower,
Peoria unchanged and Milwaukee I'M
changed to ri lower. Messages from
the east said Canadian oats were being
offered in larger volume than could
be taken care Of. and that there were
resellers of domestic 1hm2c under
what they could be laid down from
Chicago.