Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1914-09-29
GRAIN REVIEW OF
THE PAST WEEK

and Canada during the past week
were generally regarded as quite sea-
sonable and favorable for agricultural
interests. Higher temperature pre-
vailed over the greater portion of the
grain belt the first of the week, fol-
lowed by cooler weather and frost in
many sections. Over the greater part
of the corn belt the weather was very
favorable for maturing the late plant
ed, and the entire crop is now prac-
tically safe from frost. Cutting is pro-
crossing rapidly, save in a few locali-
ties where rain, more particularly In
Iowa, has caused delay, and much of
the crop is already in shock. In the
leading winter wheat states the soil
continues generally in good condition
for blowing and sowing, and rapid
progress was made except in a few
cases where soil remains too wet.
The movements Of grain from the
farms and interior elevators during
the past week was Of liberal propor-
tions. Receipts at the leading termin-
ais in the northwest continue large,
while marketing in the west and
southwest were of good proportions.
In the Canadian northwest deliveries
were heavy and receipts of grain at
the leading terminals heavy. Receipts
of coarse grains were moderate through
the west and locally the arrivals were
fairly liberal, though receipts Of corn
fell off considerably. Shipments of
grain eastward were liberal, oats go
ing forward freely, a large percentage
Of the same being destined for the
Netherlands. Arrivals at the seaboard
were quite heavy. Exports of bread
stuffs continue on large scale, with
fair bookings of oats and wheat for
forward loading Corn clearances were
some larger, part Of the same going
to Holland and France. According to
official visible supply as compiled by
the secretary of the Chicago board of
trade, there was a further increase In
wheat, corn, oats, rye and barley. The
worlds available supply Europe and
afloat stocks included) increased 49,
$4,000 bu., against 12,9S6,000 blu. in
crease one year ago..
FLOUR-The local flour market un-
derwent no special change during the
past week. The volume Of business
was only moderate; In fact, somewhat
smaller than that of the week previ-
Gus, most of the large dealers pursuing
a more conservative policy and prefer
to reduce their already liberal stocks
instead Of adding to the same. What
new business was booked was mainly
to go abroad, local mills being paricu-
larry fortunate in this respect and
fairly good-sized sales were made to
factory terms. The city mills are still
very busy and running full on old
orders and flour is going out rapidly.
Prices show no material change from
a week ago, a shade easier possibly
for deferred deliveries Interior mills
in some instances are disposed to
grant concessions on large orders for
forward loading, suggesting that they
are catching up on old business and
wish to keep we'll booked ahead. The
city retail business, less than a car
trade, was also quiet this week.
Small bakers and the grocery trade
being amply supplied for all immedi-
ate needs and the recent dip in
values has had the effect Of curtail-
ing the demand from these sources.
The large pie and cracker manufacture
ers likewise are said to have fair
stocks on hand or coming forward and
purchases this week were very moder-
ate. Most dealers appear to be skep-
tical regarding prevailing prices and
are now disposed to await some new
developments before taking hold with
any freedom.
WINTER WHEAT-Prices were
again subject to liberal fluctuations,
advancing 2@3c early in the week,
then declined 2@2kc, advanced again
and then receded. The changes in cash
prices were only reflection Of the
fluctuations which took place in the
speculative market, cash prices being
based almost altogether on the De-
cember delivery. A fair demand has
existed, with sales both to millers and
exporters. However, there was less
business on foreign accounts than
there was the preceding week. Lib
eral quantities of wheat going to mills.
The receipts are holding up well, and
there is more wheat being used up in
the interior. Receipts for the week
were 2,512 cars against 2,2S7 cars re-
ceived during the preceding week.
There were taken out of public ele-
vators 1862 blu. and out Of private
warehouses 26G cars and 1,702,641 blu.
The stock of No. and No. 2 hard in
public elevators was reported at 489,-
900 Blu. against $4,000 bu. the preced
ing week, and 4123,o00 blu. the cores
ponding week a year ago, and No. I and
No 2 red $4,000 blu. against $4,000
blu. preceding week and 100000 blu.
a year ago.
SPRING WHEAT-Was~> a little
steadier than last week, tha fluctua-
tions not being so severe, but there
has been so little doing that 1T was
difficult to establish quotations. Tho
receipts were moderate and consisted
mostly Of undergrades and mixed lots.
Buyers have evinced less desire to
purchase and there was a rather dull
market experienced. Receivers were
unable to keep consignments cleaned
up, and some little accumulation was
reported and evidently placed in pri-
vate houses, as there is no stock
shown in the report Of public houses.
MillersI have taken very little spring
wheat the past week and spectators
seemed Indifferent.
REGULAR WHEAT-Closed up
steady, though the September showed
loss of INC, compared with the final
figure Of last Friday while Deem
Der lost 11sc and the May 1Ac. The
trade this week was Of considerably
smaller volume. and the market at
times rather slow and uninteresting.
Situation at the outset was firm and
the buying Of good class on all the
moderate declines. Foreign advices
were regarded as publish" and wealth
err conditions in the American and
Canadian rainy, which it was feared
might check marketing. Liverpool
cables, too, told of cold and rainy
weather throughout Europe and there
were rumors in circulation that Tur-
key might possibly be added to the
list of belligerents in the European
war December advanced and touched