Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1914-02-12


traders and commission houses We're
bullish last night. This induced the re-
mark, by trader, that the indisposition
to sell short Is really weak feature, as
it leaves the market without good sup
port, unless there is an increase In the
buying by the bull interest. -, A. d.
Thompson of Duluth, who was here
yesterday. said there was less wheat
proportionately in the northwest than
for some years. He believes that all the
cash wheat sent east last fall by Duluth
has been sold, He sold 100000 bu durum
he had at Buffalo yesterday, which
cleans up his holdings there.
Traders said it was easier to trace
the buying in corn than the selling. The
corn disappeared on the break. 1t was
noticeable that Joe Patten and other
shorts who sold early We're covering at
the close, and that some of them bought
bids last night because they were UNI
usually close to the market. Some Of
the largest professionals came in on
their corn through commission houses.
Receiving houses. with large country
following said they We're not getting
many notices of consignments, although
there is an increase Of late, as they
were getting practically nothing recent=
ly. A great deal Of talk was heard about
the export bids, but they were not taken
seriously either here or at the seaboard.
1.-The edge is off the big wheat crop
prospects In Kansas as q result Of the
recent drop in temperatures to and 8
below with little or no snow covering"
said a Kansas City message. How
much actual damage has resulted it is
impossible to tell, but it may be enough
to bring the crop down to little above
normal. Excessive pasturing Of wheat
r.. ball b th- t.1 1ry
perience with pasturing wheat is UNI
satisfactory. We secured only bu from
such fields last year. while those ad-
joining that were not pastured yielded
80 blu" - ...
Export sales Of wheat at Chicago and
Kansas City were the features Of the
winter being sold here to Baltimore.
while Kansas City reported few loads
sold abroad, but gave no quantities.
Milling sales at Chicago aggregated &c.
900 blu. At the same time, 100000 blu
| were bought to come here from Ne
braska. Outside markets showed no
change in prices. with the exception
OF Milwaukee, which was up 1sc Blue
stem No. northern at Minneapolis sold
at " M1c over. No export sales were
reported from the seaboard, but Chi
cago cash handlers sold $4,000 bu Mani
| TOBIAS abroad
Corn Prices Lover. III
Cash corn broke a@1c at Chicago
yesterday. shipping demand being slow,
sales being $4,000 bu, although some OF
the shippers said they saw evidence of
a better call later in the week. Mil
| waukee and Peoria were unchanged to
| 1ac higher. Minneapolis and Kansas
City unchanged to Nc lower, and
Omaha and ST. Louis unchanged to lie
| lower. the latter at Omaha, being on
| white. st. Louis and Kansas City re-
ported a number of cars carried over
| unsold,
! Cash oats were u q NC lower at Chi
| cago yesterday. with sales Of 100000 bu
st. Louis, Omaha and Peoria were un1
changed and Milwaukee unchanged to
| Nc lower. No. white at Minneapolis
sold at 3Hc under Chicago May.
THE only possible chance for ex-
port sales Of United States corn is one
Of two things said New York mes
sage, first. short sales made months
ago; second, white corn for corn flour
which is milled in Europe, and they
must have small amounts regardless OF
price. In both cases the volume in
question, if any at all, is trifling."
| Whether the below zero temperatures
the heavy blanket of snow that has fall
len, the promise Of more Of the same
to follow, or all combined is respon-
sible or not, the fact remains that the
| largest attendance Of the year was seen
at the horse market at Chicago yes
! terday. more snap to the trade than
there has been since Jan. /. Market is
quotably stronger to the extent that
buyers will take horses the like OF
| which they would not consider last
! week at any money. Prices were nc
better save perhaps on the best class
of high qualited, tailor made big
! chunks, and maybe on an occasional
double fancy waggoner. which might
be called a five dollar note higher, and
| that doesn't amount to anything at all
1t helps some. though, as an indication
that the demand is really stronger fol
those rather rare sorts.
| Only very few good horses of any
description We're on the market and the
proverbial February dullness prevails ir
the trade for drafters. 1t is no dullel
, than it ever has been just at this season
of the year, but then not much very
good stuff has been in offer. SO far as
I learned, $575 is the highest price paii
for a pair this week at public or pri.
vate treaty and these weighed little
over 3,400 lbs-not the biggest by any
| means.
Demand centered on farm stuff, the
prices being steady with geldings, 1881
to 1900 ID. geldings selling from $3.50
the pair downward, and few higher
Pairs of mares sold as high as $435, but
$400 to $410 buys right nifty pair OF
| farm ladies and for even less than 500
a head neat stock can be had. More
sell around s1s5. and from that down.
| ward.
! During the recent fine weather the
! farmers of Kansas marketed practical.
" all Of the wheat which in ordinary
years they would have held until after
corn planting time" said prominent
grain man from Central Kansas WHIT
was in Kansas City yesterday. II dom
believe there Is over per cent Of the
crop left on the farms. Should the flour
demand improve there would be {
| scramble for wheat and the grain would
| be sought in Kansas City. I believe
there will be demand for every bushe
| Of the big stocks in Kansas City before
another harvest, especially II the ele.
vator men make any export sales"
"a cash man, who put out the highes
wheat bid Monday night" said an ON
aha message, says he bought practic
ally nothing out Of 500 bids. Don't be