Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1914-02-17
The C0urier's Complete Markets Of the World

taken readily, partly by specuhators.
Stocks IN public elevators ala not
change any to speak OF, with silsn.
increase in hard wheat. The market
ruled rather firm the past week. WIN u
slightly higher range attained Traalng
was not large, there was some NIUE
business out of store. and the smaii re-
ceipts curtailed the track trading. out'
| side millers sent In few orders oau!'
comprising the various grades, ana tne
track lots met with Il good demand. Al
choice wheat was taken up readiiy'
Stock in public elevators made only
slight changes the past week, ana me
| stocks of No. l hard and NO. l north.
ern are conspicuously small compared
with year ago. Receipts were light
and aggregated 20 cars for the week.
| Visible supply decreased 1,457,O00 bu
for the week to total Of S9,349,0Oo pu'
compared with an increase Of 1900 bu
and a total of 81, 500, 900 bu for cores
ponding period one year ago. Inc Gan.
adian visible supply decreased lo9,ooo
bu to 24,743,000 bu, against total OF
2S.792,000 blu one year ago. Cnlcaso
stocks in elevators are now 5,S25,00O bu,
showing decrease OF $4,000 bu Tor the
week. including 100000 bu consumed oy
| fire in Minnesota annex elevator;
| year ago these stocks were 7,45S,000 bu.
Wheat afloat at Chicago was unchang-
ed for the week at 100000 bu.
CORN-Lower prices have ruled,
the losses for the week footing up n ~
| &c. The leading factor In favor OF the
bears" and against the bulls" was the
lack Of demand for the cash article.
Some Of the larger holders OF casn
corn in this market not only sold the
futures they were carrying. but they
put out hedges against the cash. me
change to zero weather was bear
hnl hnx
soning Of the corn in the cribs In the
Interior as well as the shelling and
movement to market. Conflicting re-
ports on the crop Of Argentina nave
been received One set of cables SAID
that in certain sections OF the north
losses were suffered because OF locusts.
Z This was contradicted by another set or
cables which said that in the country
where the locusts were reported there IS
4 little corn grown. The latest drawback
! to the Argentina crop was the claim OK
a heavy loss by hail. :,
/ OATS-Business was of fair proper
tons, within moderate range, and the
close was at unchanged prices for the
week. feature Monday was the buy
ing OF 5000 blu to take off hedges on
grain burned last Saturday night In the
i Minnesota elevator annex here. This
had temporary effect. Reports from
Texas told of, serious damage to the
winter sown oats in that state. But the
impression prevails in the trade here
I that with soil conditions unusually good
there the spring sowings will to large
extent make up for the loss. Opera
tors here as rule did not take the loss
seriously. Country offerings were rath-
er larger. Canadian offerings were
lighter and prices mostly out Of line for
working to come to Chicago. Arrivals
for the week were Ats cars, against sos
cars, the previous week and 10 cars
last year. In the sample market busi-
ness was fair and prices held WELL. In
the visible supply the decrease was
1882, 200 bu. compared with an increase
Of 1.223,000 blu last year. The total was
23,41s,000 blu. compared with 10,S670 900
blu. last year. In local stocks there was
Ia decrease Of $4,000 bu. including the
$40, 900 bu burned The total was10,
800 900 bu. against 1901 900 blu. last
year. Contracts stocks increased 49,
900 blu. and were 2,240,000 blu. against
$4,000 blu. last year.
i RYE-About the only change to note
thu past week was trifle easier feeling
and about NC lower prices. Business
has been high and just about enough
to take up the offerings. Buyers did
not at any time appear anxious The
II few cars on sale We're taken by local
manufacturing concerns. No export
trade was reported, but little taken
now and then at the seaboard. From
August 4, 1913. to January &c. 1914, ex-
ports from United States were reported
at 100000 blu, against $4,000 bu for
same period IN 1928. Receipts for
week Is cars. There were 7 cars with
drawn from unlicensed houses during
the week. No. 2, track lots, local or Hi
nois billing, in light demand and sold
at 610061hc. No. quotabe at 56060c,
with sales at 580lG0 No! 4 quOtable at
53@57c, with sales at 55c.
LEY-There has been more
quiet market. A material falling off in
the receipts was one Of the conditions
very noticeable. Inspection postings
were 1856 cars the past week, against
323 cars the week before and 306 cars
two weeks ago. Offerings were small,
and yet on some days more cars were
) reported sold than appeared in the re-
ceipts. There must have been some hold
j over cars which had been under cover
brought out 1t also seemed as If more
J Of the arrivals came on sale and less
was delivered on to arrive sales. The
demand from all sources was tame. A
: few masters remained fair buyers.
Some took a few cars when they found
just what suited them: others did not
!, buy The low grades remained easy and
!, dull. Good sound, clean sold very well
and finally ruled a shade irmer. Occas-
ional choice cars offered were taken.
Offerings and demand both were tame.
Any below good quality ruled very
easy. From the foregoing nothing very
satisfactory appeared in the market
outside Of good, sound mellow mailing
to best grade, being salable and steady,
\ while everything easy rather dragged
along. The sales of mating were mainly
at 56M64c, few cars sold at mating
u were mainly at 56m64c. few cars sold
at 65@6Sc and roc was just touched.
i TIMOTHY--There was just little
:! element Of Improvement in the market
the past week. Some buyers who have
been absent from the market for some
time put in an appearance. a number OF
cars Of cash seed were sold, some OF
them stored cars, and 1t was easier tC
obtain bids. Not only that, but the bids
came out stronger, and about 10c i'm
provement was quoted. That did not
amount to so much. but that more In
terest on the part of buyers was shown
was a most welcome change. The trad.
ing was over range of S3.9004.40, with