Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1914-02-10
GRAIN REVIEW OF
THE PAST WEEK

eTdlly regarded as nlSnly TaVOraDle Tor
| agricultural interests. Beneficial SHOWS
fell the first of the week over good
portion of the winter wheat belt. in
surfing ample protection to the crop
against damage incident to freezing
weather, Blizzardly conditions, how
ever prevailed the closing days of the
week in the west and southwest, and
| temperature ranged s to Is below zero
and caused growers some anxiety.
Crop reports this week were generally
highly adorable. Advices from the
Pacific coast indicated the best pros
poets in number of years, and ac-
| counts from the Pacific northwest were
| likewise very satisfactory. State re-
ports, the few received. noted very
high condition. Spring work on the
farms in the south and southwest, also
in sections farther north, further ad-
vanced than customary and area be-
ing prepared for corn and oats report
ed large. Live stock generally re-
ported as wintered well.
| The movement of grain from the
farms and interior elevators during the
week just closed were just fair in the
aggregate. Marketings in the north.
west fell off considerably, and arrivals
at leading distributing centers were
smaller. Interior reserves in that Sec
ton were greatly reduced the past
month. In the southwest wheat de.
liveries keep up remarkably we'll, and
corn came forward quite freely, with
further importations via Atlantic ports.
In the middel west and west the move
ment of grain was moderately liberal.
Locally the receipts were very fair,
| considerable wheat still coming in
from the west Shipments of grain
were moderate and arrivals at the sea.
board fair.
| The trade in cash grain this week
was just fair. Consignments were
somewhat freer and purchases to ar
rive moderate. Demand for wheat fell
off somewhat Offerings fair. Prices
easier early and frmer later in the
week, Corn in moderate demand and
offerings fair Prices ruled lower. Oats
ruled weaker Demand fairly good
and supplies moderate. Rye ruled
quiet. Barley in good request-that is,
mailing grades. and prices were more
favorable to buyers. Seeds were mac,
F! tive and steady Prices changes un'
important. Prairie hay in large sup
py and very dull. Demand light
Choice timothy hay firm. Demand
good. Low and medium grades quiet
Offerings We're liberal and demand on
ly fair.
WHEAT.-A week Of nervousness
and quick and continuous price
changes, but a narrow market withal
Resting spots showed prices unchang
ed to nc higher. There was better
| business on outside account. The
spectators at Duluth and Minneapolis
in our own northwest, or further north
at Winnipeg, were in evidence in the
way of removing or putting on hedges
or undoing spreads between Chicago
and the smaller markets. The number
of bulls seemed to increase in the
spring wheat country, while in the
southwest there were many bulls to
desert that belief for the bears" The
law temperatures in the spring wheat
states failed to cut down the move
ment to any extent save north Of the
International line, and there the re-
ceipts were reduced to bed rock, Win
nipeg receiving only cars last Wed
nesday. The cold wave was of great
intensity in western Canada. Lowest
| y
was 20 below at Valentine, Neb. OF
fetal forecaster at Chicago predicts
snow will continue in the southeastern
portion of this official district, and it
will be followed by clearing and much
colder weather Saturday with a cold
wave. That fair weather will prevail
over the northwestern portion of the
district, with continued low tempera
lures. That the storm center has
moved rapidly to the northeast, in
creasing in energy, and has brought
snow and rain practically over the
whole country. That the cold wave
from the northwest has continued tt
advance, and now extends as far south
as northern Texas and eastward tc
the kansasiMissouri line. Weekly
snow map showed scarcely any snow
on the ground in the main part of the
winter wheat belt, EXCEPT in southern
and central Illinois and central In
diana and Ohio. This was early in the
week, while later the winter wheat
country was pretty well covered.
The visible supply in the United
States decreased $4,000 blu. to 59,806,
600 Blu. compared with decease OIL
1O6, 900 bu. to a total of 64,913,000 blu
for corresponding period one year ago
Chicago stocks decreased $4,000 bu
to a total of 4,701,00 blu. exclusive Of
100000 bu afoat. The total is now
Sol 900 bu. against 7,537,00O blu. one
wear ago. Northwestern country ele
vator stocks decreased 100000 bu in
January and are now 100000 blu
compared with 30,00C,000 blu. at this
time last year. Worlds shipments fol
the week were 12,496,0O0 bu with
America the largest contributor al
l2,96S, 900 blu.
Red wheat has ruled relatively easier
and lost fully 1c Of the premium over
Nav. while hard wheat was relatively
stronger and the discount narrowed
down la@5sc. The market has beer
very quiet, both in a local wav and or
shipping account. Very little was done
in the way of export, other markets un.
derselling America, and there was but
a very limited milling demand on do
mestic account. Millers evidently are
supplying their wants nearer at home
or working on stocks they have or
hand. The receipts shove some increase
| h,,t the wheat did not all come on the