Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1914-09-01
The Courier's Markets of the World

wheat The country was reported as
holding tightly to its cash surplus. and
this condition made it difficult for those
short of cash grain to fill their orders.
The east was buyer in the Chicago
market this week, and there were scat
tered orders on the buying side from
the old world as we'll. Receipts at Chi
cago failed to reflect the actual sales
by the interior. as the corn now coming
forward is mainly old sales. Weather
in the corn belt was more favorable
than for some time past because Of the
added moisture and the lower tempera-
lures. Argentina shipments will be
smaller than usual this week owing to
the order by the government to restrict
the exports for time. One Of the best
crop experts travelling out Of Chicago,
in a message from Wichita, Kans.. says
that the corn crop Is spotted in the
southwest. with lack Of moisture and
the high temperatures the result Of the
losses. That at least SO per cent Of the
grain Is prematurely ripened, poorly
filled, light ard chaffy. That there is
enough corn in Kansas for all domestic
requirements AMI that the state will
probably raise 1OO.ooo.ooO Blu.
The condition OF old corn in Argen-
tina Is reported better, but business Is
at standstil because Of the unfavor-
able financial situation.
range of prices was a feature in this
market There was good foreign de-
mand for sc and SO ID. white clipped at
the best prices of the season. Futures
also advanced to the highest of the year
and at the, close showed advances Of
2N 63Ac, with the May leading. The
hitler has worked closer to December
and the buying has been by cash
houses and shorts" General buying Of
the deferred futures was on at inter-
walls There was heavy selling by the
longs" on the bulges, and most Of
those who bought at recent low prices
went out of their holdings, securing
good profits. The domestic demand was
fair and country offerings not large
! considering the sharp advance Of late.
RYE-Prices were advanced 14@16c
during the week. sharp demand ex-
listed and the offerings were taken up
readily from day to day at the advanc-
ing prices. The buying was mainly to
supply domestic manufacturing con-
Germs, possibly little on speculative
account, and there was small guam
tity-15,o00 bu taken for export The
receipts were moderate and short OF
the requirements.
BARLEY-The past week was one Of
decided f1rmness and improvements. All
grads pursued an upward tendency.
There was no excitement, but there was
a good deal Of interest and little an
xiety which was kept rather subdued.
The demand was from all sources and
offerings were readily absorbed. Malt
sters showed more desire to purchase.
TIMOTHY-This market presented
more animation. New seed came on sale
to more liberal quantity. To arrive
lots also were offered with considerable
freedom. Sales Of number Of cars
and smaller lots resulted from the bids
made. The market was favored with a
very good demand, outside orders hav-
ing increased in volume. The better
grades Of seed were favored In the de-
lmand.
CLOVER little more life came to
this market 1t was confined to cash
Isseed. The movement was smaller thar
recently Consignments coming on sale
consisted mainly Of small lots. There
sold over wide range Of prices. over
range Of $6.50@1G for very poor to
! good quality.
HAY-Receipts for the week were g.
$50 tons, against 1904 tons for the pre-
vtous week. Shipments for the week
were $50 TONS against $50 tons the pre-
vious week. Prices for timothy hay de-
clined 50c@$1 per ton during the past
week. Only a moderate local demand
existed and the offerings were large.
| Buyers were holding off for lower
prices which receivers were compelled
to grant. There was light inquiry on
shipping account. Prairie hay was in
light supply and the demand was good
All consignments sold readily. A firm
feeling prevailed and prices show an
advance of soc per ton
Quotations at the close ranged as
follows:
Choice timothy hay ..... .$175oM1so 90
| No timothy .......... 15.OOm16 SO
| No. timothy .......... 13.50M14.50
No. timothy .......... 11.50@13.OC
! Kansas, Iowa and Nebraska
! prairie. choice ...... -. 14.00@145C
! No. ! ........ ........ 13.00@14.0t
ILL.,, Ind. and Wis. feeding
prairie -. :. :. -. s.oo@1o.oc
Packing hay -. -. -. 5000 zoo