Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1914-02-17
MARKET NOTES

Oats are In good demand, with prices
f1rm. cabled Broomhalls Argentina
agent. Wheat Of inferior quality Is
being freely offered, but foreigners are
taking only at concessions in prices.
Corn stocks are very light, and, with
anticipation Of an annual expert de-
mand, holders of the new crop are
showing no anxiety, and others are not
pressed for sale. Contracts for late
depression In the freight market Is ac-a
cute and further tonnage is being d.
verified, rates having declined to an un-
profitable basis. Linseed is being heav-
lily shipped at concession Of freight. 81
large grain dealer OF New york
writes: 1--WE have handled Argentine,
corn exclusively for three months and
our trade ia so well pleased with 1t
that we are making contracts to keep
us supplied well into the summer. This
Argentine corn is so similar to our old
fashioned New York state corn that our
customers like 1t very much. We be-
lieve 1t also has an advantage from
point OF keeping quality. and this will
make 1t very desirable for tho spring
and early summer trade"
Seaboard demand for hard winter
winter wheat at Chicago Saturday was.
unusually heavy, and while sales OF
$4,000 bu. confirmed, they were reports
apparently well founded. to the effect
that over 100000 blu. additional had
been sold. Milling sales aggregated
$4,000 bu. Duluth reported 100000 bu,
sold to the seaboard, but little was done
In the, Southwest. Prices at st. Louis.
Omaha and Milwaukee were unchang-
ed, while Kansas City was UNCHANGED
to hc lower, and sold $4,000 bu out OF
store. Minneapolis mills were good buy
ers Of cash wheat there. but the demand
was not as urgent as on the previous
day. No. hard spring sold at 3jsc over.
NO. l northern blue stem at 1h@2hc
over and velvet chaff at 1@1hc over
May.
An easier tone prevailed in cash corn.
prices here and at st. Louis and Kansas
City being unchanged to NC lower
while Omaha was A@1c lower. Peoria
h@lc lower. Shipping demand showed
some Improvement, sales here being
100000 blu, but other markets said il
was slow.
Cash oats were unchanged to Nc low
err Saturday, with shipping sales OF
10000 blu. st. Louis, Peoria and Mil
Waukee were unchanged Kansas city
1sc lower and Omaha unchanged to hc
lower. Country offerings increased
somewhat.
Receipts for week ending Feb. q ara
estimated at $1,000 cattle, $4,000 hogs
and 100000 sheep, against 49,510 cattle.
l57,338 hogs and $500 sheep the cor
responding week Of 1918.
Decrease Of clover seed stocks at To-
ledo continues. though less rapidly than
last year. Stocks are now about the
| same as year ago. Prices halt at 80.
with easier tendency. Stocks will need
to decline faster to enable price gains
to hold. rs
Decatur, ILL.,, wired: Am told that
the outside markets, especially the
south. are about filled up on corn for
February shipments and they have
bought quite a little for March. Look
for larger movement and Chicago to get
some Of it,
Was surprised to learn at Waterloo
grain convention last week that there
are large stocks Of corn still to move
estimates conservatively averaging
around so per cent" wired Des Moines..
Iowa. Also lots Of oats back to clevat-
ors may take some time to develop, but
am bear for 10c on corn and easily
&c on oats. Terminal market men pres
ent said absolutely no demand from
east"