Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1914-01-29

futures, which is the reverse of the bear
theory. 1t was said that one or the
largest local shorts has been covering
the past two days. .....
Entries for the Live Stock World
National Draft Horse Breeders Futur-
tiles, to be shown at the Iowa State
Fair next fall, will close March /. Con-
ditions will be substantially the same
as last season and values propapiy
greater. Effort will be made to for
ward entry blanks to all active breed
ers, but in case some should ACCIDENT
ally be omitted, all who intend TO enter
colts or FLIES in these events shouid
send in their applications. Blanks Will
then surely be sent them in good sea-
son.
'Our advices lead us to believe that
the stocks of corn in country elevators
through Iowa are largely exhausted and
that farmers show little disposition to
SELL" said a prominent broker. TO
considerable extent the same appears
true in Illinois. The mild damp char
acter of the winter to date has made 1t
difficult to handle corn and 1t Is not
keeping we'll on the farm, while coun-
try dealers are afraid to buy and ship
under such conditions Of quality as long
as this weather continues. 1t looks as
if our receipts might run very light. 1t
is being reported, and we have reason
to believe that the advices are correct.
that some corn is being worked for ex-
port at the seaboard. The old Argentina
crop is practically exhausted and 1t is
quite possible that Europe will have to
turn to us for her supplies until the
new Argentina crop Is fit for shipment.
There is period Of three or four
months ahead Of us when 1t is possible
that we may have q sufficient export
demand to affect our prices"
The Chicago market for horses Tues
day was active. and Mondays prices
were we'll held. City trade was good and
buyers of that grade Of horses were out
early and did much business before the
noon hour. In the auction ring bidding
was brisk and shippers took many
horses for eastern shipment.
Both day so far this week have seen
an active market for equine offerings
and in most places prices have shown
strength, especially for the best quality
stuff Horses Of the inferior quality are
mighty slow sale and some are not
bringing as much money as they cost In
the country
Kansas City reported it's market as
being in bad shape. Receipts at that
market have been quite large in the
past week and for most arrivals prices
have declined anywhere from IS to $50
per head. While Chicago is having a
good call from the east right now, there
is very little call from that source at the
river markets.
Southern mule trade is rather slow
right now and buyers Of animals to be
used in cotton fields are trying to get
concessions in prices. but have failed
in most places and generally prices are
as high as any time this season.
Receipts of horses at Chicago in two
days this week stand about 915 head,
against 1,1S5 week ago and 1,49o a
year ago.
Foreigners showed little anxiety to
purchase domestic wheats yesterday,
only one sale being reported during the
day. Baltimore claimed No. 2 hard was
&c out Of line. while ioston said there
were no bids from the continent, and
those from Liverpool and London were
hopelessly out of line. New York wired
that there was reselling of ManitObas
in Liverpool &c under the price at
which the same wheat could be laid
down for from there. Chicago cash
handlers, however, were able to sell
25. 900 bu to seaboard exporters, in adj
dition to milling sales Of 10000 blu. No.
premium Of late. Nebraska sold $4,000
bu hard winter to come here. Kansas
City sold $4,000 -bris flour for export.
No change was shown in sample
values in ST. Louis, Kansas City,
Omaha or Milwaukee yesterday, while
Toledo claimed the country was offer
ing red wheat freely, the break falling
to check selling. Bluestem No. north
ern at Minneapolis was in better de-
mand, especially the soft Minnesota
variety, sales being at 1c over to 1c
under May, while velvet chaff was
Ollie under May.
Cash corn values were irregular, Chi
cago was unchanged to nc lower, with
shipping sales Of 10000 blu, while ST.
Louis was unchanged to 1c lower, Kan
sas City unchanged. Omaha unchanged
to 1sc lower, Peoria unchanged to 1c
higher. the latter on No. 4, while Mil
waukee was 1ac higher to Nc lower.
Minneapolis was unchanged. -"st.
Cash oats at Chicago were unchanged
to Nc lower, with shipping sales Of
100, 900 Blu. Peoria and Milwaukee were
unchanged to Nc higher, Omaha I'M
changed and st. Louis unchanged to
Nc lower. No. 3 white at Minneapolis
was slow sale at 31ac under Chicago
May.
Washington bureaucrats are evil
needs, especially in the west. Instead
of encouraging beef production they
are making strenuous efforts to squelch
the cattlemen. 1t Is an axiom in cat
tie trade circles that when Washington
acts concerning the industry it blund :
ers. Two propositions emanating from
the federal capital, each Of revolution
airy character, are arousing growers
ire. One would prevent shipping Texas
, cattle from pastures below the quaran-
tine line to Chicago, Kansas City and
st. Louis the other would render i'm
perative unloadinr western cattle en-
route to market for feeding and water
inc purposes instead Of on the cars
when these vehicles are properly equip
ped as at present. At this juncture
live stock growers need encouragement,
and the bunglers on the federal pay
roll appear to have adopted dia-
metrically opposite policy The tick
eradication cranks appear to have gone
Wild and If their program is carried
out not only will the cattle industry
in Texas get hard blow, but the con-
sumner will suffer. ..,