Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1914-05-02

houses have much long stun. IL mas
been noticeable that even houses which
lave been bearish and tried to get
their clients to sell corn short OF late,
have had large lot of long corn on
their books which holders refused to
sell. A lot of $4,000 blu No. mixed corn
was sold by a commission house yes
terday at &c under May In store This
is said to be the last lot, with possibly
the exception Of 10000 bu, that Is not
controlled by consumers.
Dat specialists expect that the Ar
riour Grain Co. will pay for the bulk OF
the oats delivered today. 1t was said
that they also are paying for the cash
oats delivered on May contracts IN
Winnipeg. They do not look for the
Canadian oats in public houses TO be
sent out.
Practically all the contract wheat in
public elevators Is owned or controlled
by the Armour Grain Co.. who Is said
to be shipping a great deal OF IT out. A
stock Of less than 100000 bu here is
not large supply for market that
has to carry the hedges Of the wheat
trade Of the world Chicago should have
a stock of that size at all times to take
care Of It's speculative trade. as 1t
keeps the market in better condition.
A reduced corn acreage In Kansas
this year is indicated by the Kansas
state crop report. due mainly to the
fact that such an unusually large
amount of wheat was seeded in the
central counties and lack Of good seed
corn. Conditions have been SO uni
formly excellent for blowing and pre-
pairing the land that planting will be
pushed rapidly.
for spot wheat in a majority of the
markets of the country yesterday. st.
Louis, Kansas City, Omaha and Mil
waukee reporting sales at former
prices, while premiums at Minneapolis
We're a shade firmer, blue stem No. l
northern selling at 2@3Ac over May,
a few cars bringing &c over. while vel
vet chaff was 2@2Nc over May. Mill
ing demand here was more active.
to $4,000 bu old No 2 hard to Baltimore
exporters late Wednesday and 100000
bu new crop winters yesterday.
Offerings Of spot corn in all markets
were small, and while prices here and
at Omaha and Peoria were unchanged,
the market at Chicago had firm un-
dertone, and premiums advanced
the advance of 1@11ac at St Louis,
with a good demand, while Kansas
City was unchanged to Nc higher. The
latter market reported 20 cars sold on
Wednesday at 2hc over May. an ad-
vance in the premium Of hc. while
some Of the local shippers figured that
Chicago was within INC of shipping
corn to Kansas City at one time yes
terday, prices being based on May.
Milwaukee and Minneapolis were UNI
| changed to Nc higher. Shipping sales
! here were $4,000 bu, and $4,000 bu No.
mixed corn brought &c under May.
An improved demand existed for
| cash oats yesterday sales at Chicago
aggregating 100000 blu. while sample
values were flrm. ST. Louis was Y lie
higher. Omaha. Peoria and Milwaukee
| unchanged to Nc higher and Kansas
| City unchanged.
A good clearance was made In the
horse market yesterday. The week has
attracted a lot of trash to Chicago and
| it has sold fairly well. All reasonably
sound. useful mares, not too old, In
decent hair and flesh. weighing LOO
lbs or more, sold well. One load that
right at $212.5O per head, and one load
Of farm geldings, very carefully select
ed as to age, color, soundness. but
weighing around 400 lbs or little
more. cost about as much.
| Ordinary, common farm geldings
| were put up in loads around $17O or
something less. Highgeared horses for
fire wagon and police patrol uses were
salable as high as $500, none good
enough to bring that price on sale, and
only few wanted any way at $3.50 and
up for wagon sorts, and around $500
| for police mounts. Livery stock from
SIS to $125, most common speciments
$50 to $780, better kinds up to SITS
Prices contemplated by the government
for cavalry horses are said to be
] around $165 per head.