Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1914-06-16
The Couriers Complete Markets of the World

continent bought new wheat freely In
the southwest, but the United King
dom has purchased largely and the
, clearances from the United States will
be on an enormous scale before August
has passed The larger sales, however,
for foreign shipment, have been made
for September, and the outward move-
| ment by ocean will be big not only
/ months. but during the entire season.
Many complaints have been received
of the prospective inability of the rail-
ways of the southwest to handle the
wheat crop expeditiously, and another
drawback Is the Likelihood Of made
quate storage facilities in the states
where the harvest haS been the largest
Those In position to know say that
merchants in the southwest have al
ready commenced to make liberal pur.
chases of merchandise, and that the
cars that bring in the wheat will be
returned loaded with all kinds Of goods
| for the country store keeper.
CORN This market was an alb
, normally strong one UP 10 Thursday
when break at Buenos Ayres on fine
weather and increased offerings caused
/ strength at Chicago to give way "a
ever. showed net gains OF M6Nc FOR
| all save December, which was OF Nc
/, One OF the features, a. we'll the fac.
tors. of the corn situation 10 that many
/, OF the stronger spectators were on
| the bull side, and that they refused
to be dislodged on the decline. but. on
1.-the other hand, continued to add to
their holdings. Many complaints OF
dry weather were received from the
corn belt, and there are fears that the
crop will deteriorata under these con
ditions. The speculative world, how
ever, knows that a, thorough wetting
down. Of the plant now In the field
1 q mo rlY nhor %rN<
(, over the entire speculative situation In
twenty-folr hours, but until there ard
! heavier rains the bulls will continue
in partial control. Cash situation IL
not as healthy as many believed that
1t would be- hut it may be called firm
According 10 private foreign Advices
by cable Argentine shippers are not
pressing corn for sale and the demand
is fair. The condition or Plate arrived
at Liverpool is irregular and not sat
4 isfactory.
Argentine corn shipments for the
week at Liverpool were under the esti-
mate, owing 10 the fact that the steam
ers loading could not sail as their car
| goes were incomplete Stocks at the
ports increased. but much of II wac
i in bad condition. Tho Argentine mar.
isets were easy, with d downward
tendency
OATS Good trading and fair
range Of prices featured this market
the past week. Prices had Il good
range and the close was at gain Of
| u &c. The government crop report
for June given out after the close. on
Monday, was a surprise to the trade
1t made the condition higher and the
acreage larger than expected, and
\ showed better crop than the trade
has figured on. The acreage was given
as 3s,3sS,ooo acres, or only $4,000 less
than harvested last year. Condition
Of s9,5. compared with 81 last year.
and ten year average uf $50. =
SUGGESTS a WELD per orc Of 31.7 busii-
! els, against 29.2 last yeaf. and n five
\ year average of 30.6 bushels. The esti-
mated yield Is 1.21s.. 10000 bushels,
against 1,104,o00,o0O bushels year ago
and final Of 1,122,600.o0O last year II
/ Private reports indicate that the hot
! weather and drought in parts Of Mis-
souri, and Illinois has ctirtailed the
crop promise of late and that the crop
! is heading short.
/ RYE ~ Quiet market and steady
/, feeling existed the past week. There
ceipts have been very small, In fact,
hext to nothing. and this enabled re-
! ceivers to maintain prices. A little rye
was wanted by local manufaetuFins
concerns. and there was no particular
call from domestic quarters. A lot OF
| 1000 bushels was sold for export The
government estimated the condition
June / at 93.6 or 11.2 bushels to the
acre. Supplies IRE being redticed
rapidly. and the old sturlt will he
pretty much out Of the way before the
new comes on the market
J, BARLEY - The important event ),
the week was the government crop re.
4 port. It cannot be said to Have hat
any bearing on the current market
but the Developments from time L
. time will be followed WITH interest
and conditions at the present may moi
lures, though the present points the
way.
/ GLOVER - Has remained inactive
and nominal. Nothing In the way Of
clover either, In way OF spot Or future
delivery was offered. No demand en-
listed either. All that dealers could
be induced to say was that they knew
of no change IT is too early to tell any.
thing about the crop.
HAY - Receipts for the week were
! 1921 tons. against GOAL tons for the
/ previous week. Shipments FOR the
week were 775 tons, against ~ tons
the. previous week. Timothy hay was
in larger supply during the past week,
Dul Iile loCdt deIItdHu was gOOO and all
offerings were readily disposed or. De-
mand fair on shipping account. Feel
i ing firm, With no material change In
prices. The arrivals Of prairie hay
continue light and business in conse-
quence restricted Prices almost
nominal. The June report Of the de-
partment Of agriculture says; "Condi-
ton OF hay reported at 1871, compared
with a7.5 last year. and pastures IL 1913
compared with S9.2 last year."
i Quotations at the close ranged az
i follows:
Choice timothy hay .$lS0061s.50
j No. | timothy ......... .e15ot6 16. Cd
No 2 timothy .....,..... .g11.U0SD1 400
No. 3 timothy &i00ob12.O
4 Iowa, Minnesota, Nebraska
i and Dakota prairie.
i choice ..............S1 s506319.O0
;, So. ! .......,...... .S1700H1s.00
H.. Ind. and Wis feeding
j, prairie ........... $16ooNl3.oo
Packing hay ........$ 66t@ 700
ANTI-HORSE THIEF
i ASSO. AT MANCHESTER