Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1914-02-10
The COurier's Complete Markets Of the World

and the limited receipts prevented more
being done.
| Argentina shipments this week were
smaller than looked for at l,s0S,0oo pu,
compared with 100000 bu the pre-
vious week and 5,16S,O00 bu Tor ike
period last year.
| CORN--The week in corn showed
nearby futures unchanged. while the
deferred months We're up nc. Beslues
| the liquidation by longs" which was
quite popular. there were short sales
I CT considerable magnitude. 1t was I'M
! possible for the market to stand up uh-
Ger the increased offerings. helping
hand was badly needed, but this was
not Forthcoming until late in the week
when the buying power Increased ana
| the bulls gained control The change
to colder weather throughout the belt
was a help to the bears as II Is
likely that the shelters will be put 10
work in many sections and that the re-
ceipts at country stations Will increase
which will mean larger arrivals at the
primary markets. The country was IN
the market on both sides. The old bull
crowd was less of a factor than FOR
several previous weeks, but those who
have adhered to the bear" side MADE
strenuous efforts to cover on the de-
, clines in order to secure available prof.
I
! velop or -alues will sell still lower
| down to solid export basis.
J Argentina was Offering yellow corn
| equal to Chicago No. . kiln dried e. l. +.
New York at 651sc, while Chicago kiln
dried No 2 yellow would cost 7oA c iaia
down in New York from this market. A
message from Cairo ILL.,, says that corn
there is in bad condition, and that 1t
I must he shipped. Chicago stocks In
creased $4,000 bu to S,436,000 bu; the
i total one year ago was 2,492,000 blu. The
| amount afloat increased $4,000 bu 70
:! $4,000 bu. The visible supply IN the
! United States increased $4,000 bu for
the week to a total OF 16,5O5,O0o bu,
against an increase of $4,000 bu to a
total Of 9,717,OOO bu for the correspond
I ing period one year ago. WORLDS SNIP
ments for the past week were 2,S55,00O
bu, compared with ?123,000 bu the pre-
l vious week and 5,025,00O bu one year
ago. Argentina was the largest shipper
this week at 1880, 900 bu On ocean pas
sare there was a decrease of 2Sl,OO hu
for the week to total of 11,SS3,O00 bu,
compared with 23,350,00O blu one year
/ ago. Liverpool stocks decreased $4,000
! bu and are 100000 bu against 1890
! bu year ago. Argentina shipments this
week were 100000 blu, of which $4,000
blu is destined to New York. A year ago
shipments from that country were L.
j 10000 blu.
i Oats-Light trading within lower
range was the feature in this market.
i At the close sales were at net losses OF
| 1s0DAc for the week. New features
1 were scarce. and there was little to
trade on early in the week, but the
late advance was on the cold weather
in the southwest. The cash demand
! was not large but there are indications
that it is to improve later on. as sup
/ plies in hands Of consumers are said to
be light 1t is claimed by some in the
northwest and in Canada that stocks
are smaller and that the greater per-
centage Of the crop has been marketed.
There is an increasing call for seed
, oats from Eastern Indiana and Illinois
in sections where there is usually a
: good supply. AS to the use of Canadian
, oats for seed there Is some variation 81
opinion It is said however, by those
who have tested the Canadian oats that
they are all right, but 1t takes four to
five days more for them to terminate
!, owing to the thick husk than Is requir-
J ed by the domestic product. In the
sample market the supply was moder-
ate and demand fair. with prices little
changed during the week. Receipts for
the week were 500 cars, compared with
COS cars the previous week, and 1,066
cars last year.
i RYE--Nothing out Of the ordinary
occurred in this market the past week
which ruled quiet at unchanged prices
and receipts were small and the de-
mand only of moderate character
:, Buyers were not at all anxious to pur-
chase and sales were slow. The few
cars on sale were taken by local manu-
featuring concerns. No export trade
was reported, but a little taken now
and then at he seaboard. From August
Tn,~ A nrf
from United States were reported at
2SS000 blu, against $4,000 bu for the
, same period in 1912-13. The visible sup
ply decreased 144,O0O bu and is now
2,0850OO blu, compared with 100000 bu
one year ago. Local stOck-private and
public-reported at $4,000 blu, against
425,O0O blu last week, and 10S, 900 bu one
year ago. Receipts for week II cars. No
3 quotable at 56@6Oc, with sales at 81
: 006Oc No. quotable at 53@57c, with
/ sales at 531a 057c. A car not graded sold
at SIC.
, BARLEY-There has been an easy
, market. Early in the week there were
, good offerings and there were good cash
, sales. Later the offerings became small
er, and the market ruled more quiet
Arrivals kept up well. Inspection post
ings 1928 cars for the week, compared
with 306 cars the previous week and
: largest early in the week A later de-
crease was said to be due to late steady
shrinkage in values. This made country
shippers somewhat dissatisfied and re-
ceivers said from their country advices
they looked for lighter run Of con
: signments. On some days the average
quality Of the offerings would be not sc
good as on others. That would make
some difference in the average Of sales
Prices ranged about 1c lower, perhaps
more than that on the cheaper grades
and 2@3c lower on grades above. Ir
the last 10 or Is days good qualities
) We're said to have gone down at leas
: 5M6c. The feeling in the market was
| generally easy. Ample offerings gave
buyers an advantage and they could
!, make their selections. Trading was cen.
. tered almost entirely in mailing grades
which have continued to come on the
market quite freely. Some Of the usua
{ buyers were doing little or nothing, be.
ing supplied with all they could handle
but others again at times took hold il
: good form. Market favored buyers, fol
there was no real competition. 1t was
:, weak situation, with buyers disposed
| IL. f<,, = ,tner