Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1914-03-24

| mean further advance IN values. Inc
bears" and shorts" say that present
big local stocks and big visible supply
are against any long drawn out bull
| campaign, and that with any further
advance the receipts will increase TO
much larger proportions. as the hold
| ings on the farms and In interior eie-
vators are large, and owners are only
awaiting a chance to secure a fancy
price for it,
Corn afloat in the Chicago harbor is
nov 100000 blu: the previous week,
$4,000 bu year ago, 100000 bu. The
visible supply increased 1,142,000 bu to
a total Of ao,26S,0O0 blu, compared with
an Increase Of 1,13S,000 blu and total
Of FL .191 900 bu one year ago. The total
amount of worlds shipments were L.
$4,000 blu, against 1,280,000 bu the, pre-
! vious week and 3,657,00O blu one year
| ago.
| Argentina shipments the past week
were $4,000 blu, compared with $4,000
bu the previous week and S0S.000 bu
one year ago. The visible supply in that
country Is 10000 bu, showing no
change for the week, against a total OF
| 100000 bu one year ago. Clearances
from eastern ports Of the United States
for the week, $4,000 bu; year ago. g.
SAC, 900 Blu.
| OATS--A firmer tone prevailed In
the oats market during the early part
| of the week, strength in corn causing
considerable covering by Shorts and
there was also fair buying by commits
sion houses. On the bulges there was
fair selling by longs" A feature dur
ing the week was the going to dis
count Of May under the July. Longs"
being sellers of May and buyers OF July,
but the change was fractional and was
recovered later. Cash demand daring
the early part of the week was slow.
but revived later. Reports regarding
seeding operations We're numerous.
a good increase as compared with last
year, and operations have commenced
! In parts Of Illinois, but are not expect
ed to be general until later In the
month.
I Local contract stocks decreased 81
900 Blu, and were 3,178,000 blu, against
$4,000 bu last year Available supplies
decreased 2,55S.0O0 bu for the week,
against an increase OF $4,000 bu last
year, and were 39,3s5,oOo bu, or about
100000 blu In excess of last year.
/ Closing trades were at net gains Of n
@Ac for the week.
i RYE-A steady feeling existed the
past week. with prices showing slight
recovery from early or inside figures.
A fair demand was noted, and enough
to take up the offerings. The demand
for the fresh arrivals was entirely of a
, local character to supply domestic
manufacturing concerns. Besides this,
there was some export demand and a
sale of 10000 bu reported here,
BARLEY-There was not great
; deal Of change the past week. There
was some, yet it was slight. The de-
pressed, dull state Of the market pre-
vailng at times last week disappeared
! The gloom which, had been over the
market rubbed off. No essential change
! In prices was exhibited. Where this
market looked better was that the daily
, arrivals and offerings were salable. De
mand was not urgent from any source
on the other hand 1t was tame. AL
] grades from choice mailing to cheaI
screenings were salable. That this wat
so was due to the offerings being mod
crate.
TIMOTHY-A fairly good volume OF
cash business was done. Some times
.. from the offerings and the trading the
market looked to be active. When II
came to figuring up the volume Of seed
!. sold it was not large, because the sales
while numerous, were mainly Of small
lots. There was plenty of seed offered
and there were few buyers present
Lots sold were soon replaced with 9TH
I, ers. The main part Of the seed was
poor to common. some good, but there
was seldom any really choice. Such as
was offered ruled weak. The market
: was decidedly in favor Of buyers, and
yet buyers may not have thought so
for they had their end of the market tC
look out for.
CLOVER-There has prevailed ar
easier feeling. Prices suffered a decline
) Of 25@50c. The movement was much
less than 1t has been recently 1t is
perhaps getting toward the end Of the
season, or at least near the end Of the
Ot{ ran =, I4 y,1, 4H
5 tie was done. Here the offerings were
very moderate. No one seemed at al
anxious to purchase. The few sales
were at $5@12.50. 1t was, getting right
, down to it, a nominal market. 1t was
: difficult to get any information. The
, change in prices in other markets was
! the fulcrum on which the lever rested
, that would raise or lower prices here
, Advices received had the effect of Gre
, ating weakness. Contract grade quota
tons declined Csc: for country seet
, they receded ESQ soc, at the close there
was some reaction. Contract grade, al
one time 1915. closed at s14.15. Coun.
, try lots quotable at $9D13.50 for pool
: to choice; very poor lower. down to Sc q
, 8; fair to good s11.5O112.75 Alsike
; common to choice quoted at $11@15.75
HAY-Receipts for the week wer.
1906 tons, against 1854 tons for thu
, previous week. Shipments for the weel
We're 1869 tons, against 1888 tons thu
!. previous week Medium and low grades
. Of both timothy and prairie hay wer,
> in liberal supply during the past week
, Only moderate demand existed ant
+ the market ruled quiet. A steady feel.
+ ing prevailed. with prices If anything {
, little flrmer for the better grades
: Choice hay was in only fair supply ant
, the demand was rather good, both OF
,, local and shipping account. No chang'
to note in prices.
i Quotations at the close ranged as fol.
los:
Choice timothy hay ....$16.5o117.5
, No. timothy .......... 1860 1861
, No. timothy .......... 1100@12.5
No timothy .......... 9.00M II 0
Iowa, Minnesota, Nebraska and Da-
kota. prairie, choice -. 1450@155
No. / ..... ............ 1100@13.
{ ILL.,, Ind. and Wis. feeding
prairie -. =. ~. 5000 TO-
Packing hay $50. ...... 4.5O@ $50
NFADKET N0TEC