Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1914-08-22
Courier's Complete Markets

CHICAGO DAILY i
MARKET NOTES !
Shipping sales of cash wheat at Chi
cage Thursday were 1850 blu to mills,
corn 160,0 900 blu and oats 235,000 bu, in
GLIDING 100000 blu to exporters. Char
tiers were for $4,000 bu wheat and co.
600 bu corn at &c to Buffalo. $4,000
bu wheat at &c to Port Colborne and
$4,000 bu oats at NC to Port Huron.
Lack Of country selling, keen compe-
tition for the limited offerings by \ele-
vator interests and good milling Nde-
mand put No. 2 red winter in the Chi
cago sample market to 4c over Sep
TENDER. against 374c over Wednesday.
For August shipment SIC over Sep
TENDER was bid, or NC higher than
wednesday. No. hard brought IN %
sc over for the turkey variety. No. 3
hard turkey 80 over. Country offer
ings increased on the advance. Me-
tbraska selling. Mixers are good buy
lers OF red
! Outside cash wheat markets showed
| little change in prices st. Louis and
Omaha being the same, Kansas City
l
unchanged to nc lower.
| Spring wheat at Minneapolis Is now
| quoted on a new crop basis, old bring
! ing 1@2c premium
| While the country showed no desire
to loosen up on offerings of old CORP
to arr the sample market .ad al,
easier tone, chicago being off u @ lc
while st. Louis Omaha, Kansas City
and Peoria were Il a lie lower and Mil
waukee 14c lower.
Cash oats showed a firmer tone
| than futures, sample values at Chicago
being unchanged to 1c lower. st. Louis
! was 1s1%c lower. Kansas City un-
changed to nc higher. Omaha un-
er and Milwaukee unchanged to nc
lower.
John Purdin of Fremont, Iowa, most
extensive feeder and shipper, was on
Wednesdays market with five car
loads Of cattle. He reports fat cattle
very scarce and not many hogs to
come to market In the near future.
NJ. T. Evans of Roscoe, Iowa, was
here with consignment OF one car
,.of cattle OF his own feeding which
were good enough to sell at $3.50.
J. s. Devereux and Alex Devereux
GrinneH. Iowa. were on yesterday s
market with three cars of cattle OF
i their own feeding.
H. T. Walter OF Upton, Iowa. was
here with two cars Of cattle OF his
own feeding. thirty-five head averag-
ing 1888 lbs. selling at $3.50.
/. A factor in the wheat situation
called attention to in Broomhall's in
!, ternational review Is that France, Bel
gium Italy, Spain and Switzerland
will shortly be competing with Eng
land for American grain. Russia may
I; but this Is uncertain. India and
Australia have small surplus. High
freights and insurance make actual
prices low. Should war continue into
the autumn serious fears are ex-
pressed as to a shortage in the Euro
peon crops next year. 1t is generals
believed in Liverpool that the officia
crop estimates Of continental coun
tries will have to be r5cuced owing Il
:, the scarcity Of labor and damage
] Traders reycrded the break in grains
as the natural reaction after a three
I, day bulge. Wheat operators said there
had been bulge OF over Shc In three
days without good reason. and the
confident Of still lower prices, although
a few said they expected rally after
I, a further break AS the war feeling Is
far from subsiding they expect to see
its effects visible again in few days
i Corn specialists said the technical
position~of their market favored a de
cline. They said the market had
grown stale on the bull side and a
break was a good thing. They regard
ed rains in the southwest as too late
to do especial good to the crop. The
estimate of a 2,700,0O0,000 BIZ crop fol
I the country. made by the United
States Chamber Of Commerce, Is about
an average yield, and Is looked upon
!, as about right by the most of the
i trade.
! Dat bulls said there has been toe
much company on the buying side, and
the decline Of over 1c from the recent
top was a good thing, as the market
had been overbonght. Cash handlers
were offering 36-lb white clipped al
lower prices relatively to the Septem
bcr, but the demand did not appear as
brisk. with only 100000 bu sold to sea
hoard exporters Baltimore reported
charters there for oats tv France.
\ Mr.. e. s. Hosenclever Of New Lon
don, Iowa, was on Wednesdays mar
ket with thirty head Of 1920 Id steers
Of his own feeding that sold at 5000
J. E. Johnson, heavy feeder from
Hardin county, Iowa, marketed three
loads of cattle Of his own feeding Wed
, nesday averaging 1888 lbs. at $1O.25
! Louis GRADER. Mineral Point, Iowa
was a visitor to market yesteray with
a car Of cattle Of his own feeding that
brought $8.65. Mr.. GRADER and his sor
. accompanied the shipment
May Bros, Mineral Point, Iowa, mar
keted car of steers yesterday at $3.50
and one car at $3.50 for Nick May. who
accompanied the shipment
John G. Abrahams from Mt. Pleas.
ant, iowa, was on the market yester-
day with hogs at 1926 and cattle al
1918.
il BY insistent peddling a clearance
was effected at Dexter Park Next week
somewhat better demand is antici.
! pated. John S. Cooper has bulletined
an. expectation Of fresh arrivals
amounting to 800 head next Monday
The main point about this announce
ment is the experience behind the FORE
| caster II he expects places for that