Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1914-07-14
The Courier's Markets Of the World

fairly steal y. Seeds attracted but little
interest and price changes were uni2h-
| pOrtanC. Hay was in good demand and
market firm. Receipts were liberal
| WHEAT-Winter wheat has ruled
active the past week and prices after a
! decline Of about 1c ruled stronger and
! advanced about 1Mc-more than re-
covering tho early Decline but again
eased OFF before close of the week. Do
nestle millers made fair purchases
from day 70 day and there were liberal
sales for export each day. Stocks in
public elevators are very low, and the
receipts which showed marked in
| crease have been drawn upon freely to
provide for the export sales. 1t will re-
| quite continued liberal receipts to pro-
| vide for the large sales made for July
ana August shipment. There has been
little stronger competition for the Of
ferings. and the premiums for both red
and hard wheat were advanced
There was very little doing in spring
wheat the past week and prices, were
little better than nominal. A fair de-
mand existed, the few cars received
meeting with a fair demand. Stock Is
well reduced, and this enables holders
to gain good premiums over the prices
ruling for winter wheat. 1t will be sew
will be available, and by that time the
supply will be exhausted.
In regular wheat nervousness and ac-
nvity have travelled hand in hand in
the wheat market during the week
Just closed. Prices declined "a "a nc for
| the period under review. There has
been more or less suspense in this mar
Ket because Of the scattered reports Of
| black rust throughout the spring wheat
| country, but as the advices on this
plague have been conflicting in char
acter, less attention was paid the re-
ports and they we're less Of a market
FACTOR than had not reports varied. Red
! rust was also reported from the spring
wheat county. and 1t was said that lit
Tie damage has already been done by
the visitation OF this rust. The govern
ment crop report as issuel at 1:15 D.
m, Wednesday. was about as looked
1or and 1t was generally believed in
the trade that the reports were dis
counted In advance. The promise was
TOR a record crop Of what-93O, 0OO. 900
gu OF winter and spring combined.
specuaation was confined largely to
professionals, and while there were
! continued sales against the new crop to
come forward. this pressure was less
urgent than shown week or two a go
me cash handlers Of Wheat at Chica 90
say that the country is selling less Of
this grain, and that 1t is necessary to
send out very strong bids in order to
wheat mas been entirely disposed of
and that 1t is now up to the grower to
sell part Of his surplus now. or hold it
for higher prices.
CORN Surprising strength was
shown In this market the past week
and prices advanced A@1Mc. The Ar
sentina corn was again a factor in
price making and this condition is
likely to continue for time. A meeting
In no
called forth considerable complaint on
the corn raised in the Argentina repub-
Tic. Inc opinion among the cattiemen
was that there has been q great deal OF
foot and mouth disease because of the
feeding of The Argentina ground corn.
Whlch they pronounced bad for live
stock. This censure may possibly cut
off some buying in various channels.
and 1t may act as bull" help in the
markets of the world. The crop condi
lions In our own corn belt are more
favorable, and there has been some Of
this grain sold on the improved condi-
tons.
OATS--Good trading and fair
range of prices featured this market
the past week. At the close sales were
at net gains OF 11@1$c. Hedring sales
against increased purchased Of new;
oats IN the country were larger, and
had considerable effect on the market.
Crop reports were mixed Iowa report-
ed some damage by rust and said that
harvest In the west will start the latter
part OF this week. In north central
llnnois the crop is turning, and cutting |
will be on inside Of two weeks. The |
yield there is not expected to be heavyl
In other sections of this state, where
the crop is said to have been poor.
there were free offerings for August
shipment.
BARLEY-Arrivals were smaller
again. There were inspected in II cars, !
compared with 100 cars the previous !
week and 1877 cars two weeks ago It
was quiet market Little interest was
shown by masters. Few were buying
and they not SO much perhaps because
they needed barley for present use as
with the expectation Of holding For
this purpose only good, sound barley.
that could he held with safety, was
wanted. Such goods as they would take
sold over ~ range Of 51656c, mainly
around 51@53c; only an occasional
really nice car was SEEN
TIMOTHY-Little business was
done. From the little developed a steady
to finally strong feeling prevailed. |
Hardly any spot seed was offered Some
small lots were sold at $43004.6O. |
Samples Of to arrive cars were shown,
Of fair number Of cars. Bids were re-
celVed. Inc BIDS were said to indicate |
firmness, and finally 10000 advance |
was quoted. They were not at the same
time always up to prices asked. Little |
was done in new crop deliveries. Buy
ers and sellers remained apart, and
the position Of prices bid and those
asked are about the same as of late. !
until toward the close, when there was
25@30c advance.
CLOVER-Since a week ago a few /
small lots Of poor to fair quality Of cash
seed have .oeen sold at STOP. That was
the extent Of the business that has
been done. New crop, October delivery.
was quoted at $14.50@14.75. December
shade over. No desire to sell was
shown hut some said tha,, u.oro ..z;lls..<.l