Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1914-07-02
The COurier's Markets Of the World
CHICAGO DAILY
MARKET NOTES

MARKET NOIES
Shipping sales of cash grain at Chi
cago Tuesday were $4,000 hu wheat to
mills, in addition to 100000 blu new
crop winters to exporters: corn, lOO,-
900 bu: oats, $4,000 bu. Charters were
for 100000 blu wheat at &c to Buffalo.
Exporters who recently reported
taking the cash wheat to apply on
their sales, obtaining about 100000 bu
here yesterday.
Export bids yesterday on fresh BUSH
ness were generally out Of line, especi-
ally those for nearby shipment. and
foreigners We're evidently not disposed
to pay the carrying charges to make
fall shipment. There was some No. 2
hard winter sold to the United King
dom, however. At ST Louis an export
err bought all the No. wheat in the
sample market at &c over July. but
prices were 1sc lower for the day.
Omaha values are still in process Of
readjustment to the new crop basis
and broke 2@ac yesterday. Old red and
hard at Kansas city was unchanged
and new unchanged to 1sc lower Mil
waukee was " @1c off for the day.
Cash corn values were weaker In all
markets in sympathy with futures, los
ing part of their premium over the July.
Chicago, Milwaukee and Omaha were
Y al lower, st. Louis and Kansas City
1c lower and Peoria and Milwaukee I'M
changed.
Shipping demand for cash oats was
active, sales aggregating large proper
tfons, due partly to the readjustment in
sample values to July basis, breaking
1611sc. Milwaukee was y @11a lower,
Omaha %@1c lower, Peoria n a &c
lower and Milwaukee 1ac lower. ST.
Louis was unchanged to Nc lower
j. H. Mueller of Griswold. Iowa. had
load Of 137o-lb steers on Mondays
market that sold at sS.S5.
w. c. Mueller Of Griswold, Iowa,
marketed one load of 1s5e-lb steers at
50.
Mrs. Minnie T. Chenhall Of Maurice,
Iowa, had two loads Of steers on Mon
days market. Seven head which sold at
$40 average 1851 lbs, and Is head,
1888 lbs average brought 1910.
Many Of the local traders have,
changed from bulish to bearish po-
sition on the coarse grains. 1t is ex-
pected there will be big drop in the
price Of mill feeds as soon as the mills
begin grinding new wheat and this,
with the extremely low prices for
wheat will prove to be a bar against
any further upturn in corn prices ac-
cording to the bear leaders, Argentina
later on in the season. Sentiment is
decidedly bearish on oats also.
Tom Morgan Of Henderson, Ia, was
represented on yesterdays market with
one load Of cattle of his own feeding.
averaging 1409 lbs. at S9.25.pc n 4fls ~s2
Geo. H. Cooper Of Henderson, Ia, was
on yesterdays market with cattle. He
had load Of steers that weighed 1881
lbs and brought 1885.
John PurVin Fremont, Iowa, we'll
market, was here Monday with a ship
men Of three cars of cattle. Mr.. Purdin
is a large operator Of that section and
has stock on the market every week.
He reports prospects good for corn.
w. B. Endry & Son, well-known
dealers and prominent banker OF Osce-
lola, had shipment of two cars of
cattle on the market. -
Chicago set new record for receipts
Of new wheat in June, PSI cars arriving,
the largest and earliest run known for
June. Total receipts Of all wheat were
LIZA cars, against 1888 cars last year
Sentiment in wheat and corn last
night was mixed. Many thought wheat
low enough, but were afraid to be long
much. The corn traders were rather
bullish on new July and mixed on De-
cember, as it is a weather proposition
No deliveries Of wheat are to be made
today, but a fair run Of corn and a few
oats are to be sent out on July con-
tracts. 1t is about stand-off on oats.
Liberal rains were reported in the
southwest yesterday.
Louis Hoft, leading feeder of Sac
county, Iowa, shipped a load Of little
10S5-lb cattle for Mondays market that
sold at &C..
c. H. McLain, one Of the most en-
ergetic farmers and feeders Of Mills
county, Iowa. had load Of two-year-
old branded Western Angus on yester-
days market, averaging 1880 lbs at
that were laid out and sold today
brought S940 averaging 1912 lbs, and
two yearlings at $40, avera gfng 915
lbs. ~
e. D. Cambridge Of Atlantic Iowa,
sold on Yesterdays market two loads Of
grade Hereford branded westerns at
$3.50, averaging 1416 lbs.
r. H.. vankirk Of Silver City, Iowa,
had two loads of branded westerns on
yesterdays market, the last of his
summers feeding, averaging 1868 lbs
at 1920.
w. II. Mauk from Lewis, Iowa, was
here Monday with eight loads Of cat
tie.
L. L. Stevenson of Malvern Iowa,
was on the market yesterday with 90
westerns Of 1243-lbs average at 1910.
II re