Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1914-05-19

GRAIN REVIEW OF
THE PAST WEEK
Climatic conditions in this country
and Canada during the week just
closed were generally regarded as only
moderately favorable. Low tempera-
lture with frost caused some injury to
fruit and retarded to some extent vege-
table growth in the northwest and por-
tions Of the mountain districts, while
heavy rains still further delayed farm
ing operations in portions of the Ohio
valley and lower lake region. In most
other districts moderately warm wea-
Their favored crop growth, and the alb
sence of rain permitted excellent pro-
gress in farm work. In the principal
corn and winter wheat states weather
was favorable for the continuance of
the high outlook for wheat, and over
the central and western portions the
generally clear and moderately warm
weather was favorable for corn plant
ing and other farm work. and vegeta-
ton of all kinds made good progress.
Reports of damage to winter wheat In
portions of the southwest, due to the
presence of the Hessian fly were rath-
er more numerous. but the area AFFECT
ed Is not thought to be extensive. In
( the eastern corn belt wet weather de-
layed corn planting. In the spring
wheat states the weather was none too
favorable, and rains delayed seeding In
North Dakota In the cotton states
conditions were only moderately fav-
orable-too much rain in Texas and
other important states.
The movement oftgrain from the
farms and interior elevators during the
week Just passed was again of very
moderate proportions, being restricted
to considerable extent by farm ac-
tivities and adverse weather conditions
Receipts at the leading terminals In
the northwest were light, while mark
citing in the west and southwest, both
of small and coarse grains, were also
moderate. Receipts at terminals In the
central west were comparatively
small. Shipments OF grain eastward
were quite liberal, and arrivals at the
seaboard larger. Exports OF bread
stuffs were very fair, and new bookings
moderately liberal of new. Corn clear-
ances continue limited. According to
official visible. supply as complied by
the secretary OF the Chicago board OF
trade, there was further decrease in
wheat, corn oats and rye and an in.
crease in barley. Worlds available
supply Of breadstufis decreased 1871
900 bu. to 146, 487, 900 bu. for the week,
compared with the decrease Of 1,901,-
900 blu. to 169,70O000 bu. for the cor
responding date one year ago.
A cargo of $4,000 blu. Canadian oats
was charteder for shipment from Fort
William to Chicago. Advance brought
selling orders and the deferred deliv-
cries lost a part Of the gain.
The trade in cash grain during the
week just closed was again reported
very quiet Consignments continue
small, due to considerable extent to
field activities and unfavorable climat-
ic conditions, and purchases to arrive
were limited There was further sales
of new wheat for August shipment to
seaboard exporters. Prices irregular
following the trend of speculative val
ues. Corn in fair demand and offerings
continue moderate Prices were high
er following futures. Oats were also
firm and higher. Demand fair and sup
plies moderate. Rye ruled quiet and
prices steady. Barley was in fair re-
quest--that is mailing grades and the
offerings were only moderate.
! Wheat-In winter wheat conditions
rather favored sellers the past week.
| Trading has been of rather limited
~, both 1oool1, op6 nnfoido huf
in sympathy with the speculative mar
ket, the feeling has been firm and a
higher range Of prices was established
but the outside figures were not fully
maintained. Quite a little contract
wheats has been taken out of store,
partly on previous sales to supply in
terror millers; but during the week the
transactions have been rather light,
due to the higher prices asked. The
advance cut off the export business,
and nothing was done in this market
on foreign account for immediate de-
livery. Domestic millers made some
purchases, some may have purchased
little ahead of immediate require
ments in the belief that possibly prices
might be higher during the month.
Some round lots of No 2 hard wheat
were bought in the interior for May de-
livery, and there were sales OF new
wheat August shipments to exporters
but not to the extent of last week.
The receipts for the week show some
increase. interior dealers wishing to
take advantage Of current prices.
Track lot were taken readily. partly
by spectators. Stocks of hard wheat
in public elevators were increased only
slightly, Notwithstanding there has
been fairly good receipts, and the other
grades show fair decrease. Receipts
for the week $40 cars, against 426 cars
received the preceding week.
In spring wheat slightly higher
range of prices than last week was ed.
tablished and the advance was COM
paratively well maintained on rela-
tive basis with the May delivery. So
little business made public that prices
are really little better than nominal.
Receipts light and demand Of q very
moderate character. Trading was Ell
tirely to supply domestic millers and
comprised the various grades, but
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