Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1914-10-27
DEMAND GOOD ABROAD
Gulf Ports and Leading Markets Fa~-
ored With Unusually Active Bus
linsss-Grain Aceumulates in
Country Elevators.

were as, RUE very SdlSlS1StohS, uAi>A
the area seeded was large. Scattering
complaints Of Hessian fly we're at
hand, and sowings were delayed over
quite an area in order to eliminate the
danger from this pest. Fall work in the
spring wheat country is well advanced,
and area prepared larger than in re-
cent years. Husking returns from the
corn belt were in some instances said
te-be disappointing, notably from Ind
lana and Illinois points. Advices from
sections in the southwest also showed
returns under earlier expectations Fall
pasturage continues in good condition.
The movement of grain from the
farms and interior elevators during the
past week were fairly liberal. Enhanced
values increased marketings to some
extent in the American northwest, and
across the line in Canada the deliveries
were also slightly enlarged. Marketings
of wheat in the southwest fell off some
what, and deliveries Of corn were con-
siderably short of last years returns.
Receipts Of coarse grains were moder-
ate through the west and locally the
arrivals were small of corn while the
receipts Of oats were fair. Shipments
of grain eastward continue large. oats
going forward freely, a large percent
age of the same being destined for
France and southern Europe. Arrivals
at the seaboard were heavy:
A little more interest was manifested
in the leading speculative markets on
Change during the week just closed,
still transactions in the aggregate were
only of fair volume. Wheat was quite
active and while the market was unset
tied the close was firm, with final fig
ures higher than a week ago. Values
tended upward the opening dcys, due
to the stronger cables, small receipts at
Canadian terminals, record exports
from the United States for September
81, 269,O00 bu-and talk of lessened
receipts in the Canadian northwest.
exporters were buyers of futures here.
Realizing sales by many of Mondays
buyers, Short" selling by som, Of the
leading elevator and export concerns,
and later considerable liquidation by
longs" caused q heavy market. There
was a scattered, but fairly wide, in
crease in sales from producers, and
this led to some little hedging by north
west interests. New buyers were few
and the public was not disposed to fol-
low the advance. A sharp upturn in
prices followed. the market recovering
all of the loss the closing days. Trade
in corn was little slow and mainly
local The start was easy, due to the
better weather, but market later on ad-
vanced with wheat. At the higher lev
els reached the offerings were freer, due
largely to realizing sales, but December
ruled relatively firmer than the May.
Argentine markets were all stronger
owing to warm, but unfavorablc wealth
err Oats advanced early with other
grain and reports of large export sales.
Just fair trade was reported in cash
grain during the week just closed Con-
signments moderate, while Purchases
to arrive were not very large. Monetary
and shipping conditions continue to i'm
prove and helped the trade consider
ably Demand was good for most de-
for milling and shipping account, and
the export call was more general. Con-
siderable business was booked, the
same to go out via the gulf. Prices
changed with those of futures. Corn
was in fair request, the eastern demand
showing some betterment. Oats are
ready sale and bookings to eastern ex-
porters continue heavy. Italy and
France continue to purchase freely.
price. Barley trade fair in mailing
sorts, while feed was taken by export
ers. Prices averaged higher for the of
grades. Seeds attracted bu, little at
tention, and less doing in timothy De-
mand for hay moderate and market
quiet, with offerings smalled and prices
steady.
n WHEAT--k firmer feeling developed
in winter wheat the past week and
prices were advanced sorne sc, and
then receded Slightly. The discounts
in store lots ranged from 3Ac under
December to 21lAc under. The car lots
fresh receipts started at &c discount
and narrowed down to IN @1kc dis
count Trading was active in eli chan
nels-millers bought fairly, exporters
more actively and the speculative ele-
ment also manifested more desire to
buy, which was partly confirmed by the
narrowing down of the discounts Mill
ers did not purchase heavily, as they
were able to buy nearer home in many
instances, while exporters took larger
quantities than last week-mostly of
No. 2 hard. The export purchases were
not alone large in the Chicago market,
but the gulf ports and all the leading
have been favored with an
active business. The interior
is selling only moderately and receipts
showed some falling off the past week,
but further slight Accommodations in
store have taken place, and the guam
tity of all kinds in both public and
private elevators were 4,S44OOG bu,
against 4,7S3,Q0O bu for same CORES
bonding time last week. Receipts for
week 1914 cars, against 836 cars receiv-
ed during preceding week.
Spring wheat ruled firm the past
week and prices were advanced about
go 4c-however. only followed the ad-
vance in the December delivery on
which cash transactions were based to
some extent. Quotations, however, were
for the most part nominal, especially
for choice northern. The receipts were
moderate and consisted mostly of the
and mixed lots-very few
cars of choice high grade wheat being
received. Buyers have not been particu-
larly anxious to purchase. but most az