Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1914-02-03
GRAIN REVIEW OF
THE PAST WEEK

Weather conditions in this country
during the past week were generally
mild, higher temperatures prevailing
through most of the grain belt. Reports
regarding the condition Of winter wheat
were in the main highly flattering, par
! ticularly so through the west and
southwest. Heavy rains fell on the Pa
cific coast and moisture in that section
, is now more than ample. Advices from
the Pacific northwest, too. were very
favorable. Crop accounts from the mid
die west and eastern states were also
very satisfactory. Flowing continues in
the southwest and in many sections
blowing and spring work is further ad-
vanced than in many seasons past. The
snow map showed only light covering
| in the west, with depth Of one to five
, inches in the northern tier Of states.
Shows We're quite general the last of
the week. Climatic conditions were none
/ too favorable for improving the quality
of corn and colder weather much deSir-
, ed
| The movement of grain from the
farms and interior elevators made a
very fair showing during the week just
past. Marketings in the northwest, both
sides the international line, were some
what in excess ofAgeneral expectations,
I still the arrivals at the leading termln-
ais were much smaller than during the
corresponding period one year ago. In
the southwest wheat deliveries were
, fair, and corn came forward quite free
ly, with further importations via AT,
lantic ports. In the middle west ana
west the movement Of grain was mod
erately liberal. Locally the recelpts
were Just fair, considerable wheat still
coming in from the west. shipments OF
grain were moderate and arrivals at the
seaboard fair. Exports of bread Stunts
! were more moderate than or late anu
light of corn. New bookings were 1alr'
The leading speculative markets on
change during the week just closed
We're fairly active. but fiuctuatlons
were confined within moderate limits.
| Wheat was little unsettled. ruling
weaker at the start and steadler IN tne
week, the closing being lower than last
, Friday. The weakness early was que IN
the main to liquidation by longs oW-
| ing to the more "bearSh" tone or ror-
eign advices. Australia and Russia are
now selling wheat freely and LlVerpooi
| reported the purchases Monday or four
careoes Of the former and two Of the
latter Russian prices were also lowered
for forward shipment, which apparent
| ly took the demand away from America
as foreign bids were scarce and the rev
| received were out OF line. Forelsn
wheat markets were weak and lower,
ignoring the advance here the closing
| DAYS of last week Weather over the
southwest was less favorable for the
crop but operators did not take 1T ser
iously. The Argentina news was pull
ish" on the exportable surplus figures,
| but no more so than last week, ana at
| the same time prices there were lower.
"Shorts' covered on the decline, and a
moderate rally followed but tone at the
last was rather easy Wheat statistics
| l.
ed to encourage much buying. Corn
ruled weak and lower. Local stocks
were further enlarged, and the visible
showed another increase.
The trade in cash grain this week
u,oe of very foir pronortions COnsign-
ments we're somewhat freer and pur-
cbases IN arrive i,1st fair. Demand for
| Wheat moderate offerings fair. Prices
frmer carly aud weaker later in the
weak Corn in moderate demand and Of
ferings FAIR Prices irregular, Oats were
sonnT,bat weaker Demand fairly good
and sunnlies moderate. Rye ruled
| s,toadier p.r,ev in GOOD reouest-that
is mailing grades. which were firm, but
nrices lower
| wurAT-An\ active and nervous
| w 10, -; ~. ~ IN a. 1ower far
nlarhe', VIII pnt'I hids rs. an3rted ont If
| , Ihe weeh. EApoi' o'ua 1874 raarIv ali
ing heiI "au a. +hot oonsidarahle
Wseh, =. M mas hd' u, ' Mehra ska to come
Wh ca was ooq I9;l.h 80 +e,,nnaratures are
20 Sliieas?. ska, I,baat haIt 40 a
pror1lseu IN Inc ; W. ~ s,nn, -, naar,v
Whole, which, WIN .nt s tHo Misso,,r,
tne ertlre couiltis sas' VI ~ - ha ~
| river plateu '.is p''i he;n '@ C.nadia ~
| way lor .ne nv na od,,i++.d to The
| wheat IS not 81 s We a"t,, i tha WOO ~ s',re
uhi.eo 1 p. aaeoot ~ ~ Gttara Caro
having .oeeii .os:,a 100 ~ 30 1rh;s
ADA, inc VOC stanuin 1I:,, ~ u.n,ove W.
means tllaC Caliaua WI ~. a,sn,,,,anne
duty Oh W'Ieat, d.,u % 10 ,,';,l e+nnd TIL =
our duty or loc ou ISL t, W. hara &c no .
was construeu W nv, .no o,a frnn, ahro. q
'buiilsh factor. me newa $500 noi' 0o, Icy
| continued as potei e,; laG.u' -, 81
deal or II was OF oo' lnt ne a,," nncar
ana the Inalhet was N.Y. III nv, az 100
tam treho IN coIiseuu t a nc .Hp ,yaro
able surplus OIL AreSi!t'lla eeeive aI I'o,t
ATTENTION IMAM any tnins eieG spt sa1' ~ 49,
be1ore the sPeculatVe o"o non al anu s' y
hgures Varleo rom do''vV''VV W. as :"
minimum 10 ''o'ooo'Too ou as i'a a. -
mum. 1t was LUZ ll'el say 'naI ~
wheat IN tnat country was ,oWeieu 49,.
quality by the rains, anu .ias ~ mas