Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1914-07-28

from down-state have been particular
ly successful during the week In Sc
curing profits. The average profession
ally In this market has refused to take
kindly to the long" or bull side OF
the situation, and he has lost money In
consequence. Conditions lii Argentina,
while somewhat better because Of clear
and cooler weather, have not caused
any weakness in the markets OF the old
world, which have reuled steady to
firn 1t Is expected that tho corn now
held in the southern hemisphere will
come out as rapidly as 1t can be pre-
pared for shipment, as 1t Will have to
be run through the dryers before 1t can
be placed before the world in merchan-
table shape. There Is very little OF this
corn offering In either the Importing
countries Of tho old world or tho United
States There have been some rcsales of
Argentina corn out Of condition and
for this reason the trade as a whole
does not, take hold Of 1t. Crop advices
from our own belt have varied. In many
sections the plant has been helped more
or less by moisture and In other sec
tions rain is still needed In order to
force the plant to maturity. Western
receipts have fallen short Of year asp.
and the cash trade not only at, Chicago
but elscwher has seen small. II Is be-
lieved by some eastern handlers OF
corn that they will be forced to come
to the west for supplies, now that the
Argentina grain Is In condition not at
all favorable to the handlers Of the cash
article
OATs-Fair trading and a moderate
range was the feature In this market.
At the close there was gain OF u a Nc
for the week. Weather was favorable
for maturing the crop and for harvest
Ing The latter is we'll advanced, and
over Central Illinois the greater part Is
now in shock. The yield there, as well
as tho quality. is rather better than
was expected earlier in the season, and
close to an average, as shown by many
reports Of late, The movement of new
oats marketward is increasing and
quality shows we'll, many being stand
ards here A few cars OF No. 2 white
have also arrived. Offerings in the
sample market were larger and met
good demand, many Of the higher
grades being taken for delivery on
july contracts. Shipping demand was
fair and prices held well. Receipts for
the week We're 9SS cars. against 800 cars
the previous week. and S43 cars last
year.
RYE-This grain ruled firmer the
past week and prices advanced go &c.
Receipts have been light and demand
good. What little rye was offered met
with ready sale, and thcre were also
C ~
rye were received, but no general
movement Of the new crop expected
until next month. The few cars OF rye
received was taken FOR domestic manu-
featuring purposes. No export business
here, but New York reported export
clearances Of 5000 blu.
BARLETThe first consignment Of
the new crop came on the market on
Tuesday 1t came from Illinois. 1t was
Of gOOG color hit was Shrllnlsen and
shriveled by hot weather. In conse-
qucnce Of this defect 1t graded No 4.
This barley was not wanted by malst-
ers; it could not be used for pearling,
and it went down the line until it land
ed in the feed grade where it sold at
soc. The market for old barley got lit
tie attention. Feed men were buying
steadily low grade barley and Screen
ings.
TIMOTHY-IIas continued quiet and
firm. There was fair advance and a
firm closing. Some cash demand exist
ed. So far as could be learned firm
prices were obtainable. There were
sales at S4.25@4.9o, with some tailings
sold down to 81. There was nothing Of
a high grade offered More seed was
offered than was sold. Holders were
not always ready to accept the bids
made. That has been about the way
things have gonr for some time. Very
little was done In the way OF specula-
tive trading, Operators were on tho
market making bids in some cases and
offerings to CELL IN others, but usually
it was sparring at long range.
CLOVER-Tkere were reported re-
ceipts, also some shipments. Open mar
ket business there wss none. No one
sought to do anything. No cash seed
was offered and only nominal quota
tons for new crop could be obtained.
1t has been Gai1 all the time that the
seed crop needed rain. There was in
shown.
HAY-Receipts for the week were
1854 tons. against 2,542 tons for the
previous week. Shipments for the week
were 5cS tons, against FAC tons the pre-
vious week. Only lght business was
transacted in this market during tho
past week. The inquiry was good for all
descriptions but the offerings We're
small A little more now. both timothy
and prairis hay, coming. but as yet the
movement has been light. A very firm
market was experienced and prices adj
vanced 81 per ton and the close was
strong. Quotations at the close ranged
as follows:
New timothy $50. ,.... .$10.00M14.0O
Choice timothy hay ...... l9.00G 1000
No. timothy ....... 17.00m1S.00i
Nv. tiHoIHy '''.''''. - lf.ooW I".pV
No. timothy ......... lO.oO@12.O0
Kansas, Iowa and Nebraska
prairie, choice -. -. 15.0o@17.oO
No. 1 $780,. -. ...... 14.00@15.00,
ILL.,. Ind. and Wis. feeding
prairie. 80. -. 7.oom 800
Packing hay $50. ...... h00m 500
PAVING BIDS ARE
BEING PASSED ON
LrOrn po