Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1914-11-10
GRAIN REVIEW or
THE PAST WEEK

Climate conditions in this country
and Canada during the past week were
generally regarded as highly favorable
for agricultural pursuits and interests.
Temperatures ranged higher, and with
clear weather the conditioning of corn
made rather slow progress. Private
estimates indicated a crop of 0,0O0,-
900 blu. Winter wheat is generally re-
ported in good condition and where up
has an excellent appearance. Seeding
not completed in some sections. as
growers wish to escape damage from
hessian fly Scattered complaints of
the need Of rain came from the west.
Area generally estimated 10 per cent
greater than one year ago. Advlces
from the northwest showed fall work
in a number Of years. Pasturage is
still in good shape. More or less dis
ease reported among swine, and losses
due to cholera quite extensive in some
sections. All railroads for the pres
ent are prohibited from shipping live
stock from Chicago. At conference
Of officials it was decided that the
Union Stock yards at Chicago will re-
main closed unit. further notice. Live
stock shipments from the yards was
entirely prohibited.
The movement of grain from the
farms and interior elevators during the
past week were Of fairly liberal pro-
portions. Enhanced values increased
marketings to considerable extent
in the American northwest, and across
the line in Canada Nthe deliveries were
also moderately large, though much
smaller than the same time last year.
Marketings of wheat in the southwest
were also on a liberal scale, but de-
-
short of last years returns. Receipts
of coarse grains were moderate IN the
west and locally the arrivals were
larger Of wheat while the receipts OF
oats were fair. Shipments OF grain
eastward continue large Shipments
of grain eastward continue large, oats
going forward freely. large percent
age of the same being destined for
France and southern Europe. Arrivals
at the seaboard heavy. Exports Of
breadstuffs are still on large scale,
with heavy bookings of oats and wheat
for forward loading. Tonnage is still
reported as scarce and in urgent de-
mand. Corn clearances/ rather light
Liberal bookings of old and new corn
for export According to official visible
supply, as compiled by the secretary
of the Chicago board of trade, there
was a further increase in wheat and
corn and barley and decrease IN
oats and rye. The worlds available
supply Europe and afloat stocks in
cluded) increased nearly 100000 blu,
against 100000 bu increase one year
ago.
Rather more interest was apparent
in the leading speculative markets on
change this week, though the early
holiday tended to restrict operations to
some extent, wheat was nervous and
unsettled, but closed up quite firm.
Situation at the start was barely steady,
but strength developed as the week ad-
vanced. Early action was attributable
mainly to the continued free domestic
marketings and larger offerings Of the
country. Weather conditions favored
the movement and consignments re-
ported on the increase. Part Of the
buying of futures was credited to for
eign account, and it soon became ap-
many Of the early sellers turned buy
ers, resulting in a sharp upturn, For
eign markets were strong and an
enormous trade with Europe was book
ed. Scattered realizing sales by holders
caused some reaction from top prices.
Corn at the start was easy on fine
weather-and prospect of somewhat
larger receipts but the offerings were
well taken and as the weel. advanced
the market took on quite a firm tone.
Commission houses bought the Decem-
Der and warehouse interest purchased
the May. The wheat bulge and fact
that exporters were bidding for cash
corn were among the "bull' helps.
Local stocks of old steadily decreasing.
Trading was good in oats with liberal
buying by commission houses on all
weak spots. The advances in other
grain had a good effect. Export sales
continue lage. Rather good specu-
lative business was transacted in hog
products this week. Local trading was
quite good and outside orders were fair.
Hogs were in good supply, and sold
at lower prices early, but rallied again
later with rumors that the supply
might be curtailed owing to the regu-
lations regarding the movement and
arrivals at the yards on account of
disease among live stock. Prices ruled
higher early, but reacted somewhat
later. then bulged sharply with the
closing Of the yards, and the late tone
was strong.
A very fair trade occurred in cash
grain during the week just closed Con-
signments somewhat larger, and pur-
chases also slightly enlarged. Monetary
and shipping conditions continue to
improve and helped the trade here and
elsewhere considerably. Demand good
LOT oil ucScTIpLlOnS. WnedC was IN
good request on milling and shipping
account, and the export call continues
quite brisk. An excellent business was
booked. the same to go out via the gulf
and Atlantic ports. Prices changed
with those of futures. Corn was in
better request, the eastern demand
showing some betterment with large
sales made for export. Oats are ready
sale and bookings to eastern export
>ers continue heavy. Rye moderately
active and higher in price. Further
sales made for export. Barley trade
good in mailing sorts, while quite
steady. Seeds attracted but little at
tention, and less doing all around. De
mand for hay reported fair and market
in better shape. Offerings smaller.
Prices STEADY. Hog products in mod
crate demand and sales were not very
large. Prices were steady. Hogs aver
aged higher, cattle and sheep also ad-
vanced in price.
FLOUR-Transaction under this
head during the past week were some
what large in the aggregate, still the
demand was only moderate and bust
ness as whole far from being salts
factory. In some quarters, notably
among the large bakers, there was a
I:4A :,