Ottumwa tri-weekly courier. [volume], August 18, 1914, Image 5

About Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916

Image provided by: State Historical Society of Iowa

                
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Articles Opening
Wheat
Sept 88%@87%
Dec 94%@94
May 1.01%
CORN—
Sept., old 76%
Sept., new 76% @76%
Dec., new 67% @67
May 68%@68%
OATS—
Sept. .. :. 40%® 40%
Dec 44@43%
May 47 *@47%
MESS PORK, per bbl.—
Sept 22.00
LARD, per 100 lba.—
Sept 9.42
Oct ».62
Jan 10.02
SHORT RIBS, per 100 lbs.—
Sept 12.50
Oct 12.17
Jan 12.17
WHEAT AND CORK
SUFFER DEGUNES
LIVERPOOL DEMAND FOR CHIEF
OF THE GRAINS FALLS OFF
DURING THE DAY
Chicago, Aug. 17.—Wheat today
opened to l%c under Saturdays
close on a decline at Liverpool and
hedging sales by cash houses, but
fair demand was uncovered at the
cession.
Oats—Sept., 39 %c.
Kansas City Close Grain.
Kansas City, Jan. 17.—Close grain:
Wheat—Sept. 82%c Dec., 88c bid May
»5%c.
Corn—Sept., 78%c Dec., 66%c bid
May, 69 %c.
Oats—Sept., 39%c asked.
8t. Louis Cash Grain.
St. Louis, Aug. 17.—Cash grain:
Wheat—No. 2 red, 88%@91c No. 3 red,
87^)90c No. 2 hard, 89®95c No. 3
hard, 87% @96c.
Corn—No. 2. 81 %c No. 3 yellow,
81@81%c N0.1 2 white, 82c No. 3, 81c
No. 5 yellow, 80@81c No. 2 yellow,
82c: No. 6 yellow. 81c No. 4 white.
80%c sample, 80@81c No. 5 white,
80c.
Oats No. 2 white, 41 %c standard,
41%c No. 3 white, 40%@41c No. 4
white, 39%@40c No. 2 oats. 40@40%c
No. 3 oats, 39%®40c No. 2 rye, 86c.
Peoria Cash Grain.
Peoria, 111., Aug. 17.—Cash grain:
Corn—Receipts, 132 cars market
%c lower No. 2 yellow, 81%@81%c
No. 3 yellow, 81%@81%c No. 4 yel
low, 80%c No. 5 yellow, 80%c No. 6
yellow, 80e% No. 1 mixed, 81c No. 2
mixed, 81c No. 3 mixed, 81c No. 4
mixed, 80%@S0%c No. 6 mixed, 80%c
No. 4 white, 80%c: sample, 79@80c.
Oats—Receipts, 37 cars market %c
higher No. 2 white, 40®40%c stand
ard. 40%c No. 3 white, 40@40%c No.
4/white, 39%c.
Chicago Primaries.
Articles— Receipts. Shipments.
Wheat, bu. ... 2,578,000 1,421,000
Corn, bu. 1,031,000 444,000
Oats, bu. 2,073,000- 887,000
,Car lot receipts:
Wheat—364 cars, with 102 of contract
grade.
Corn—219 cars, with 61 of contract
grade.
Oats—394 cars, with 119 of contract
grade.
Total receipts of wheat at Chicago,
Minneapolis and Duluth today were
979 cars, compared with 607 cars the
corresponding day a year ago.
Estimated cars tomorrow—Chicago:
Wheat, 580 corn, 714 oats, 658.
Omaha Grain Market.-.
Omaha, Neb., Aug. 17.—Wheat:
No. 2 hard, 84@85%c No. 3 hard, 80%
©86c.
Corn—No. 2 white, 76%@77c No, 3
white, 76%@76%c No. 2 yellow, 76%®
T7c No. 3 yellow, 76%@76%c No. 2,
t5%@75%c No. 3, 75@76c.
Oats—No. 3 white, 38@38%c.
•,-- Peoria Grain Market.
Peoria, 111., Aug. 17.—Corn: Market
%@%c lower No. 2 yellow, 81%®
8194c No. 3 yellow, 81%c No. 4 yel
low, 80%®81%c Nos. 2 and 3 .mixed,
81c No. 4 mixed, 80%c sample, 79c.
Oats—Market %c higher No. 2
white, 40@40%c standard, 40@40%c
No. 3 white, 40 %c.
•:5vv New York Money.
New York, Aug. 17.—Mercantile
paper, 6®7 per cent.
Exchanges, $162,942,070 balances,
$12,160,867.
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Chicago Grain andProvisiosn
{Furnished by Harper & Ward, rooms 1 and 2, Third floor Ennla Building.)
Jik.
Highest Lowest Closing
89% 97% 89%
95% 98% 95%
1.02% 1.00% 1.02%
re-
The market closed firm and %c to
%c higher on covering.
Larger receipts and prospects of an
Increased movement this week sent
corn prices off to %c at the open
ing at the decline commission house
produced orders for September and the
whole list steadied.
The close was strong, to l%c up.
Oats were in better demand than
other cereals. The opening was %c
higher to %c lower and early prices
held within the opening range.
Provisions were quiet and prices un
changed to 12%c down on larger re
ceipts at the stock yards.
Chicago Cash Grain.
"Chicago, Aug. 17.—Cash grain mar
ket follows:
Wheat—No. 2 red, 90®92%c No. 2
hard, 89@91%c.
Corn—ro. 2 yellow. 80%@81%c No.
3 yellow, 80@81c.
Oats—No. 3 white, 40%@41%c
standard, 41@42c.
Rye—No. 2, 78@79c.
Barley—59@67c.
Timothy—Sept., $5.96®6.05 per cwt
Clover—Oct., $18.
'Pork—None.
Lard—-$9.52%.
Ribs—|12.25@12.72%.
Kansas City Cash* Grain.
Kansas City, Mo., Aug. 17.T—Cash
grain:
Wheat—Sept. 82%c Dec., 88c May,
95%c.
Corn—Sept., 78%c Dec., 86%c May,
89%@89%c.
78 76% 78 A
78% 76% 78%
68% 67 68% A
70% 68% 69% A
42 40% 41%
46% 43% 44% A
48% 46% @47 47% @47%
22.10 21.95 22.05
9.62 8.40 9.52
9.70 ". 9.55 9.65
10.02 9.95 9.97
12.60 12.47 12.60
12.20 12.07 12.17
11.02 10.95 10.95
MJIIir H06S SENT
TO BIG MARKETS
SUPPLY OF CATTLE ALSO LARGE
AND THE PRICES GO DOWN
ALL ALONG LINE.
Chicago, Aug. 17.—A marked Increase
in receipts of hogs, cattle and sheep
as compared with a week ago sent the'
market down today. Receipts of hogsj
and cattle were
of last Monday.
nearly double those
Chicago Live Stook Opening.
Chicago, Aug. 17.—The opening live
stock market:
Hogs—Receipts today, 30,000 left
over, 5,117 estimated receipts for to
morrow, 15,000 quality fair market
weak, 10 to 15c lower light, $8.25®
9.25 bulk, |8.90®9.15 mixed, $8.60®
9.25 pigs, $7@8.50 heavy, $8.30®
9.15 good choice heavy* $8.50®9.15
rough, $8.30®8.50 yorkers, $9.10®9.25.
Cattle Estimated receipts today,
20,000 estimated receipts tomorrow,
4,000 market clow and mostly 10 to
16c lower beeves, $7.15@10.40 Texans,
)6.30@7.65 western steers, $7.30@9.20
stockers and feeders, $5.50@8.15 cows
and heifers, $8.60@9.20 calves, $8.25®
11.60.
Sheep Estimated receipts today,
30,000 estimated receipts for tomorrow,
19,000 market weak and 10c to 20c
lower native, $5.15@6 western, $5.40
@6 yearlings, $6.10®7 lambs, native,
$6.50®8.40 westerns, $6.85@8.35.
Chicago Live Stock Closing.
Chicago, Aug. 17.—The closing live
stoclj. .market:
Hogs—Receipts today, £1,000 esti
mated- receipts tomorrow, 15,000 mar
ket 20 to 25c 'lower than Saturday's
average bulk, $8.80®9.10 light, $8.70
@9.15- mixed, $8.50®9.15 heavy, $8.25
@9.10: rough, $8.25@9.45.
Cattle Receipts today, 20,000 mar
ket poor steady, others 10 to 20c lower
top, $10.40.
Sheep Receipts today, 30,000 mar
ket weak top, $6 lambs, $8.40.
Kansas City Live Stock.
Kansas City, Mo., Aug. 17.—Hogs:
Receipts, 7,000 market, 10 to 25c low
er bulk, $8.80@9.10 heavy, $8.90®
9.10 packers and butchers, $8.90®
9.15 light, |8.75@9 '10 pigs, $7.75®
8.25.
Cattle Receipts, 17 000 market
10 to 15c lower prime fed steers, $9.5£,
@10.25 dressed beef steers^,$7.90®8.40
western steers, $7 @9.40*- southern
steers, $5.25@8,40 cows, $4.25@7.25
heifers, $6.25@9.50 stockers and feed
ers, $6@8.25 bulls, $5.25@6.75^- calves
$6.50® 10.50.
Sheep Receipts, 5,000: market
steady to weak lambs, $8@8.40 year
lings, $5.50®6.60 wethers, $5@6.80
ewes, $5@5.50 stockers and feeders.
$3.50@7.
St. Louis Live 8took.
East St. Louis, 111., Aug. 17.—Hogs:
Receipts, 9,000 market 25c lower pigs
and lights, $6.75@9.35 mixed and
butchers, $9.10®9.30 good heavy, $9.10
@9.30.
Cattle Receipts, 5,000 market
steady native beef steers, $7.50®10.10
cows and heifers, $6@9.50 stockers
and feeders, $5@7.50 Texas and Indian
steers, $6@8.2o cows and lifers, $4§?
6.50 native calves, $6@11.
Sheep Receipts, 5,000 market
slow native muttons, $4@5.26 lambs,
$7@8.40.
Omaha Live Stock.
South Omaha, Neb., Aug. 17.—Hogs:
Receipts, 5,200 market lower heavy,
$8.70@9 light, $8.70@9.10 pigs, $8@
$8.75 bulk, $8.75(5)8.95.
Cattle Receipts, 8,000 market
lower native steers, $7.75@10.15 cows
and heifers,. $C@8 western steers, $6.50
@9 Texas steers, $6g7.85 cows and
heifers, $5.75®7.15 calves, $8.50#10.50.
Sheep Receipts, 2,300: market low
er yearlings, $6@6.35 wethers, $5.65
@6 lambs, $7.80@8.35.
Minneapolis Close Grain.
Minneapolis, Aug. 17.—Close
Wheat—Sept., 95%c bid Dec.,
98%c.
./V X.•'
grain:
98%®
St. Louis Close Grain.
St. Louis, Mo.. Aug. 17.—Close grain:
Wheat—Sept., 89%@89%c Dec., 93~%c.
Kansas City Cash Grain.
Kansas City, Mo., Aug. 17.—Cash
grain:
Wheat—Market l@2c lower No. 2
hard, 81%@90c No. 3, 77@0Oc No. 2
red, 82c No. 3, 76@79c.
Corn—Market unchanged No. 2
mixed, 81%c No. 2, 80c No. 2 white,
82c No. 3, 80@80%c.
Oats—Market Unchanged to %c low
er No. 2 white, 40% No. 2 mixed. 39c,
SUNDAY SCHOOL HAS
POSTPONED PICNIC
Owing to the death of John David
Harris, the two year old son of Mr. and
Mrs. William Harris of Falrvlew ad
dition, the picnic of the West End'the week.
Presbyterian Sunday school has been! "The Cards and the Dance."
postponed until Tuesday, September 1.1 Sunday, a free will offering was tak-
The picnic had been planned for
Rev. Thomas Berger. hold a campaign.
fp—
,v ir,,'» '-7
PRICE8 ON LOCAL PORKERS TAKE
A O O 1 0 O 1 5
CENTS.
The quotations given on hogs this
morning show them to be from 10 to
15 cents lower than on Saturday. /The
other markets have small changes. The
lists are as follows:
WHOLE8ALE—Live Stook.
Hogs—(Corrected dally by John Mor
rell ft Co.)—120@150, $7.95 150@180,
$8.55: 180@200, $8.65 200@240, $8.65
240@300, $8.40 300 and over, $8.20
porkers, feeders, $7.85.
Cattle—Corrected on Juno 11, by
John Morrell & Co.)—Choice corn
fed heifers, $6.75®7 good heifers,
$S.75®« common to fair llgh. heifers,
$5®5.50 choice corn fed cows, $5.75tJ
6.25 good cows, $505.75 common to
fair cows, $4®4.50 canners, $3@3.50
b'.teller bulls, *5.60®6 bologna bulls,
$5®6.50 choloe light calves $7®8
choice heavy calves, $6®7 common te
fair calves, $5®7.
Sheep—(Corrected June 11 by John
Morrell ft Co.)—Choice spring lambs,
$7@7.50 fair spring lambs, $5@5.50
choice yearlings, $6®6.50 fair year
lings, $5@5.75 choice ewes, #0 to 110
lbs, $4: 110 lbs c.nd over, $3 @8.50 fair
ewes, $2.50@3 cull sfreep, 5?@2.50
bucks, $2® 2.50.
Grain and Hay.
Grain and hay—Street prices—Oats
32@33c straw, $4@5 hay, $10®14 rye
o0c corn, 68® 70c.
Butter, Eggs and Poultry.
Butter fat—No. 1, 30c No. 2, 27c
country butter, grocers pay, 20® 2 5c
eggs, grocers pay 16c.
Poultry—(These prices are paid to
producers): Hens, 10%c ducks, white
25c spring chickens, 11c.
Eggs—Dos, 18c candled worthless
out, 20c.
Wool and Hides.
Wool—Bright medium, 18%®20%c
semi-bright medium, 16%®17%c fine
Delano, 14%@18%c fine Merino, 11%®
13%c burry, to 3%c less.
Hides—Cured. ll%c green. No. 1
10%c No. 2, °*ic No. 1 bors-j hlde^,
$3.60 No. 2, $2.50.
RETAIL PRICES—Flour and Feed. I
Flour and feed—Graham flour, per
sack, 80c corn chops, per cwt, $1.75
shorts, per cwt., $1.65: bran, per cwt,
$1.55 corn, new, per bu., 70c hay, per
cwt^ 75c straw, per cwt., 40®60c
meal per sack, 20c corn and oat1 chop,
per cwt., $1.75: corn chop, 20 lbs.. 40c
oil meal, per cwt., $2.
Butter, Eggs and Poultry.
Creamery, butter, 85c country butter
30c.
Eggs—Dosen, 20c,
Poultry—Oeese, dressed !b.t 20c tur-'
keys, dressed, 27%c springs, 25c Ive,
30c dressed hens, dressed, 23c ducks,
dressed, 23c.
Freeh and Salt Fish".
Fresh fish—Catflsh, lb.. 2Qc trout,
17%c halibut, 20c: salmon. 17%e. I
Salt fish—Mackeral, 10® 25c herring
5c codfish. 103 20c lake flsh. pall, 75c.
J* Prults.
Fruits Bananas, 20@25c lemons,
grape fruit,' 10® 15c peaches, basket,
28c watermelons, 25@S0c oranges, 28,
@50c doz canteloupes, 5®
10c blue
berries, 25c.- I
Vegetables.
Cabbage, per head, 5 and 10c onions
•e cauliflower, 25c garlic 20c beets,
2 bunches, 5c endive, bunch, 10c
celery, bunch, 5c new turnips, 8 for
10c cauliflower, 20@30c egg plant, 1$
@20c mangoes, 10@15c cucumbers,
5® 10c fresh tomatoes, 10c sjplnach,
5c head lettuce 10@ 20c rhubarh,
10@15 bunch radishes, 5@7%c bunch
parsley, 5@10c bunch asparagus,
bunch, 15c: young onions. 2 for 5c leaf
lettuce, 5c new potatoes, peck, 25c
artlixhokes, 12%c carrots, 2 for 5c
bunch", green beans, lb, 12%c wax
beans, lb., 12%c roasting ears 10c dot
Swiss chard, 6c bunch.
New York Produce Market,
New York, Aug. 17.—New
produce market follows: I
-m*
1
York
Butter Market firm receipts,'
5,700 tubs creamery, extras, 30%®31c
firsts, 28®30c seconds, 26@27c pro
cess extras, 25%c ladles, current make,
firsts, 23c.
Cheese—Receipts, 1,100 boxes mar
ket firm state whole milk, fresh col
ored or white specials, 16%cj do aver
age fancy 16c Wisconsin, -in whole
milk daisies, 16®16%c skims, 1%®
13c.
Eggs—Market firm receipts, 18,500
cases fresh gathered extras, 27@29c
do extra firsts, 25%®26%c seconds,
21@23c refrigerator, special marks
fancy charges paid, 27c state Pennsyl
vania and nearby hennery, whites, 34
@S5c do gathered whites, 27@33c do
hennery, brown, 29@30c do hennery
brown-and mixed colors, 23@28c west
ern gathered whites 24@28c.
Poultry, dressed—Market quiet
Western chickens, broilers fresh, 16®
20c fowls, 12%@19%c turkeys, 17®
26c.
Chicago Produce Market.,'
Chicago, Aug. 17.—The produce mar.
ket follows:
Butter—Market firm creameries, 23
Eggs—Market unchanged receipts,
8,108 cases at mark, cases included,
16®21c ordinary firsts, 18@19c firsts,
20@21%c.
Potatoes-*-Market steady receipts,'
145 cars Jersey cobblers, sack, 83®
85c Jersey cobblers, bulk, 82@83c
Minnesota and Ohios, 68®68c.
Poultry, alive—Market unchanged
fowls, 13%c spring, 15jg16c.
Kansas City Produce Market.'
Kansas City, Mo., Aug. 17.—Butter:
Creamery. 27c: firsts, 24c seconds,
22c packing stock, 20c.
Eggs—Firsts, 21c seconds, 17c.
Poultry—Hens. 13%r: broilers, 16%c I
FREE WILL OFFERING
SUNDAY IS $639.68
Douds Leando, Aug. 17.—The taber
nacle meetings closed Sunday and also
cloBed the most successful revival
meetings ever held here.
Mr. Hicks preached to a crowded
tentful of people each night of last
week. Thursday was the big day of
en
Tuesday of this week, but the funeral The number of converts was 208.
of the Harris child will be held on this EvangelisfHicks and his party Btart
date, the services being conducted by ed for Sunberry, Ohio where they will
Mr. Hicks preached on,
for Mr. Hicks which totaled $639.68
J*
A
•••, •••. ,1,-1, !!..inMii
OTTUMWA COURIER. TUESDAY, AUGUST 18, 1914
Complete Markets
GRAIN REVIEW OF
THE PAST WEEK
Chicago, Aug. 17.—Wheat prices
fluctuated more than 10c last week.
The highest prices of the season were
made, showing gains of 22@27c from
the low point June 30. A drop of 10%
@10%c followed the bulge. The trade
Is recovering from its bullish attack
as the result of the war scare, but is
a long ways from normal.
Conditions surrounding the grain
trade are most unusual and It Is nec
essary to keep the exchanges open to
prevent business demoralization
throughout the country.
When the exchanges closed there
would be no regular market for grain,
and not only the grain trade, but mer
cantile and. manufacturing interests
would suffer as they are allied in a way
that the disturbance of one affects th»
others. There is a decided difference
between closing a stock exchange and
a grain market. Grains must be cared
for, and the exchanges are the only
place where business can be handled on
an economic basis.
The country was in excellent shape
for an Immense export business in
wheat prior to the breaking out of the
war. A count among the export trade
last week showed that sales had ag
gregated more than' 100,000,000 bu. to
the United Kingdom and continent.
A statement made by a banker last
week said 16,000,000 bu. jwheat orig
inally sent to the continent, had been
diverted to the United Kingdom. This
given the latter an excess supply, and
accounts for the sharp decline in prices
there on both cash and futures. Of
ferings there are large, and for the
present exceed requirements.
EfTorts are being made to reopen the
export trade, three cargoes being paid
for in Chicago last week. Should the'last year.
United States government follow Great
Britain, France and Belgium in assum
ing war risks, it will help the situa
tion.
The main trouble at present is the
financing, exporters demanding pay
ment when wheat is loaded at United
States ports. It is said that the ocean
transportation is less risky, but ex
porters are not disposed to take any
chances, leaving it for foreigners to
assume the main responsibility.
Germany is In a worse position In
regard to supplies than any European
country. How long they can stand out
is uncertain.
It is the belief of the trade that a re
opening of foreign ports to United
States food products should make
higher prices, as foreign countries have
suffered severe losses to their crops
owing to the inability to harvest them,
because of laborers being called to
join the army. Should war continue
the prospects for winter wheat and
rye crops next year will be curtailed, as
plowing and seeding a large acreage
is regarded as impossible. The future
price of wheat in the United States
is expected to be governed materially
by conditions abroad.
Wheat Situation Bearish.
There is a prospect of the United
States having pood markets fo^/all its
surplus products later on. In the mean
time, the situation from a purely do
mestic 'nndpoint ifi. regarded as bear
ish. As the time for loading cargoes
matures, there Is more or less cancel
lation. So far these have reached well
into the millions of bushels.
A factor that the trade la watching
and which is expected to have a de
pressing influence Is the hedging sales
against the northwestern sprint wheat
crop, which Is beginning to move. At
the same time come reports that farm
ers In the northwest are not disposed
to sell freely. They have been advised
by the department of agriculture not
to sacrifice their holdings. At the
same time the department of Justice is
complaining about the high prices
which is decidedly inconsistent. Wheat
prices are not high as compared with
recent years.
Flour has advanced $1.20 from the
low point, which is not excessive, and
many buyers have been filled upi
With the government watching for
all indications of manipulation in the
markets, with the public stirred up
over the talk of high prices and with
the latent feellnp: that war should be
get high prices, the trade is up against
a situation such as never has been pre
sented before. No large operator or
cash handler cares to assume the bull
side to any extent.
Receipts last week were 4,922,000 bu,
a decrease of 1,423,000 bu from the pre
vious week and 1,299,000 bu over last
year. The season to date shows pri
mary receipts of 80,000,000 bu In round
numbers, or 15,000,000 bu more than
last year. Local shipments last week
were 3,243,000 bu, largely to Canadian
ports. Last year they were 1,412,000
bushels.
September wheat In Chicago closed
Saturday at 88 %c, off 6c for the week.
December 94%c, oft 5%c. May $1.01%.
off 6%c. As compared with last year
prices are l%c to 5%c higher. The
spread between September and May is
12%c, against 8%c last year.
Southwestern prices are 5%@6%c
lower, Kansas City leading. North
western markets 5%@5%c lower, and
Winnipeg off 5%@6%c, and Toledo 5o
lower.
Liverpool was the only foreign mar
ket open. Spot wheat there closed
4%@"%c, and futures 7%c lower for
the week.
Fancy prices were paid for corn last
week, 87c for contract grades, while
September touched 80%c, the highest
at this season In years. A break of 5
@6c followed the bulge. Prices are at
a famine level, but low pri?&d corn is
not to be expected this year.
The high price, and scattered rains
over a large part of the corn belt states
Induced farmers to sell about 2,500,000
bu to Chicago dealers last week, and
an increased movement is expected.
This Is said to be the last good run ot
corn this season. The eastern demand
is running on light stocks owing to
high prices.
Argentine corn is not to be a factor
in the United States the balance of
this season. Its surplus is estimated at
140,000,000 bu, but difficulty in handling
exchange and obtaining boats is
against heavy shipments, and it is said
that light stocks are afloat for the
United States. Cargoes of Danubian
corn consigned to the continent are be
ing diverted to United Kingdom ports.
Shores have been heavy buyers of
September, the largest of them selling
May, which gives holders of May the
advantage, as most traders look at It.
The old crop proposition in corn is
one thing, and the new cron another.
The crop has been helped in many sec
tions by recent rains, but needs more.
A good deal of outside speculation
came into the market early, but the
short interest has been cut down. For
present December and May Ground
*»i -r..-:
mm
a
70c are regarded as a two-sided propo
sition.
Arrivals at Chicago last week were
900,000 bu, or 9Q,000 bu under last
year. Shipments, 1,364,000 bu, exceed
ing last year's bv 818,000 bu.
September closed Saturday at 76%,
of l%c for the week. December, 67%
6794c, off 4c, and May, 69%c, off
J. A.
futures off 1% to l%c
Active speculative buying of oats on
the basis that they are too low, ad
vanced 6%@9c over the low point of
the previous week, from which there
was a reaction of 3c. Eastern con
sumptive, trade enlarged, while re
ceipts decleared 867,000 bu, and were
6,087,000 bu, or 2,382,000 bu over last!
year. Shipments were 3,498,000 bu,
against 1,891,000 bu lAst year.
There is a spread of 6%c from Sep
tember to May, against 6%c last year.
There is a good carrying charge from
September to December, which makes
elevator Interests slow to sell.
The Canadian government is said to
have obtained about all the surplus
oats in that country for export to
Great Britain. The break put the mar
ket in good shape, as traders regarded
It at the close.
,h.
from last year.
Sharp fluctuations within a good
range was the feature of the provision
market. Trading was not heavy, as
it was impossible to buy or sell large
lots at times without making abnor
CHICAGO DAILY
MARKET NOTES
Live stock receipts for the week end
ing Aug. 22 are estimated at 36,000
cattle, 105,000 hogs and 100,000 sheep.
Five cars of corn sold Thursday af
ternoon at 97 %c, Boston rate points,
said to be the highest price ever paid
for corn for shipment to New York.
New York wires that the French
government is there after oats. It is
said that London and France have
bought oats. The business Is being
clone very quietly.
Canada has been a larger buyer of
clear and fat back pork the last two
weeks than usual at this season. Or
ders have come from Montreal, Que
bec and Halifax. It is expected by
the papers that some of it may be
for export for army use.
Modern Miller: "Threshing returns
in the northwest confirm the damage
heretofore credited to the crop. Farm
ers generally show a tendency to hold
wheat, and movement from the farms
was lighter this week than heretofore.
Farmers look upon the war entirely
as a bullish factor."
Corn will likely continue a weather
affair, and prices will pivot on the
weather in the great belt. While the
farmers have been selling a little
more freely this week than for some
It is now possible to ship moderate
quantities of breadstulTs abroad, nine
vessels having cleared from New York
Saturday. Exporters of breadstuffs
have sold grain on a large scale in
the pit of late on account of their
inability to ship goodly amounts of
It across the oceain, where it is want
ed by Importers.
large amount of grain, and big lines
of cash article are still held by export
ers at Chicago and elsewhere, and for
which there Is no market unless great
ly lower prices are accepted.
Exporters now believe that the
lane across the sea ndw open for the
shipment of breadstuffs will prove of
more or less help. England, however,
is said to be In no great need of either
flour or wheat, according to advices
from Liverpool, where values were
much lower and where all breadstuffs
were under more or less pressure. In
case the war abroad is long drawn out
and the fighting nations as well as
others are unable to seed crops, every
exporting country in the world will be
called upon to give UD their wheat sur
plus, as it will be badly needed for the
purpose of feeding not only the sol
diers, but the citiaens as well.
The harvesting of wheat in France
and one or two other nations has al
ready been commenced, but cable ad
vices say thit the work is being done
by women and children and inex
perienced men, and that the losses for
this reason will be heavy. In addi
tion to this drawback, the weather in
the countries where harvesting is
progressing has been wet and unfa
vorable for this worjs.
Scarcity of old corn and the urgent
demand from the east which has been
bare of corn on the expectation of large
arrivals from the Argentine, has been
the cause of strength in September
corn, while unfavorable growing con
ditions of the new crop has been the
incentive for generous speculative buy
ing of December and May options.
A noticeable fact relative to the
reselling of wheat by exporters 1ft that
some of the larger houseo have re
fused to let go of a pound of their
wheat, as it shows a loss. Those with
facilities for carrying the grain and
financing it will continue to hold It,
as they feel that It is only a question
of time when they will be enabled to
secure a handsome profit, as well as
pay for carrying the grain. That it
wlfl only be a matter of time when
'.1 n». .,
,w»4-
01/ a -T.ilu i~ AiwuiBier, BunuiuiiieouBiy wiui wio uw
September Is u" 2c, ar* new crop £atch
SvChaanT?oStHoa7t oVTh^nd™0 *he inability to maintain neutrality,
Foreign governments are buying pro-
buying pro
visions in this country.
Supplies of all live stock are below
the average, cattle and sheep receipts Moreover it is pointed out that Ger
belng the smallest at this time In ever many is making preparations day and
five years. Of hogs, however, they
were the largest In that period, except
time past, "it is expected ""that "they through blinding fog at twenty-seven
will hold more tightly to their surplus
in the future. The east has bought
considerable corn at Chicago as well
as at othec points In the west, but
this demand Is not as urgent as it
was a week or ten days ago.
It would be a difficult matter to say
as to the amount of wheat resold by
exporters, but the total is up In the
millions of bushels. It is believed that
at least 75,000,000 bushels of wheat
have been sold for export, but there nunXfttTnatlona1' Canada"wasniobliiz
were not enough buyers to absorb this
".'•
',
JAPAN TO AVOID
WAR WITH U. S. A.
(Continued From Page 1.)
of German warBhips from the Orient
and the evacuation of Klao-Chau, and
giving Germany until Sunday, Aug. 23,
to comply with the demand. Other
wise, the ultimatum states, Japan will
take action.
The general expectation here Is that
the ultimatum will be followed by war.
To Protect U. 8. Interests.
Takaakl Kato, the Japanese foreign
minister, simultaneously with the dls
of the
"Wmatum, conferred with
OAfOA WT /"I ml 1tA A O HI
George W. Guthrie, the American anv
bassador, and m&de to him a broad
statement calculated to aBBure the
United States that American interests
in the far East would be Bafe guarded
and the integrity of China upheld.
Owing to doubts whether communi-
catic«B
with Berlin were assured, Jap-
an, in order to insure the arrival of the
ultimatum, forwarded it to Berlin by
six channels, including Washington,
London and Stockholm. The govern
ment also notified Count von Rex, Ger
man ambassador to Japan, and like
wise retarded the time limit for a reply
until Aug. 23.
Premier Makes Announcement.
Count Okuma, the Japanese premier,
today invited the peers, the newspaper
men and the leading business men of
E!ecembe^i Tokio to come to his office at noon,
4
»"d
8
°'c,ock afternoon, r.-
spectively, when he made known to
them the terms of the ultimatum and
announced that he would give out the
negotiations in connection with the al
liance.
Inspired utterances express regret at
1)1,1 8ay that
®re?t Britain, the alty of
Japan, is compelled to defend herself
against the aggressions of Germany.
night at Kiao-chau, where it is storing
provisions, while its warships are
scouring the seas of eastern Asia, to
the great detriment of commerce, and
that its converted cruisers are seizing
English merchant vessels.
GERMANS GIVE
CHASE TO LINER
(Continued From Page 1.)
were apprised that the company can
celled the sailing of the big liners and
were given a refund of their money
at the company's office.
Then going to the Cunard liner's
office they bought tickets on the Mau
retania and sailed from Liverpool Aug.
IT
Told to Change Course.
All was lovely the first two days out
and nothing eventful happened to mar
the pleasure of the voyage. Then,
however, the wireless operator was
informed that the liner was being
chased by three German cruisers and
preparations were immediately made
to elude the pursuers. Although the
passengers were not told what had
happened they became suspicious
that all was not well. The lights
aboard the ship that would be visible
to other vessels were all put out and
the liner covered with tarpaulins and
canvas. Added speed was put on and
the record race across the Atlantic
started. Wireless communication was
had with a British cruiser and the cap
tain was told to leave his original
course which was to New York and
make for Halifax instead.
Passengers Alarmed.
Leaving his course the captain di
rected his ship to Halifax and a race
and a half knots an hour was made and
kept up until the vessel was safe in
port. The passengers were all In a
state of great excitement. Some were
sick and nearly all were frightened,
but none were able to learn from the
officers the cause of the great care be
ing taken and the fear existed that
something had gone wrong with the
ship. It was not until land was reach
ed that the real cause of the change
was learned.
The vessel put into Halifax after
four flays and ten hours on the water
and established a speed record for
trans-Atlantic travel. After reaching
port the passengers numbering be
tween 1,800 and 2,000 were held on
the vessel as there were no trains
available to carry them to their vari-
ous
destinations. Canada was moDin
lng her troops and the passenger
trains were practically all used and
for two days and a half the ship's
passengers remained aboard. Mr.
and Mrs. West and sons came direct
from Halifax to Chicago where they
visited until Sunday and came here in
the afternoon.
NEWS FROM FIRING
LINE VERY MEAGER
(Continued From Page 1.)
the dirigible balloon shed In the Ger
man fortress of Metz.
"Lieut. Cesari flew over the fortress
at a height of nearly 9,000 feet, while
Corporal Prudhomme remained at the
Jower altitude of about 6,800 feet.
Escape Rain of 8helis.
"A terrific fire was directed on the
two aviators from the fortress garri-.
son, and during the fusillade the motor
of the lieutenant's aeroplane stopped.
As he did not wish to fail in his mis
sion, he began to volplane, and while
doing this threw a bomb with marvel
ous coolness.
"Shortly afterward he succeeded in
getting his motor started a&ln.
"In the meanwhile the corporal had
hurled his projectile also.
"The smoke over the city prevented
the aviators seeing whether they had
been successful, but they believed
they had achieved their purpose and
flew away amid a rain of shells from
quick firing guns. They returned
safely to Verdun."
Russian Statement
St. Petersburg, via. London, Aug 17
—12 45 p. m.—The Russian war of
fice today issued an official communi
cation giving information as to the
recent military operations on the fron
tier between Austrian Galicla and
Russian Poland. It says:
"The defensive operations and the
movements of reconnoiterlng detach-
raen^8
foreign nations will need all of ouf frontier of Galicia between August 13
surplus. and
VJ
Russian army on the
led to a beries of attacks by
1WW ""',
(k
.' *1
Assault It 8topped.
Paris, Aug. 17.—After remaining vir
tually inactive for two days certain
troops of German cavalry who were
recently repulsed by the Belgians, qp
dertook new offensive operations
against the Belgian front
It was evident that the Germans
were awaiting reinforcements. When
these arrived they proceeded in the
direction of Wavre. a town fifteen
miles southeast of Brussels. During
this advance the Germans encountered
the Are of the Belgian outposts, and
after a number of skirmishes the Ger
man offensive movement was stopped.
This information was obtained from
official sources in Paris toflav.
Many Prisoners Captured.^'
London, Aug. 17.—The official ore"?
bureau of the war office and admiralty
has issued a statement saying that
French troons, In th"
ranid advance along the valley of the
Schlrmech have taken a thousand
prisoners.
The scene of the fighting of the last
few days in upper Alsace, tho offl",,,l
announcement continues, shows the
ereat destructive ettectp of the fire of
the allied artillery. Trenches abnnd-1
oned by the enemy are filled with dead wj
and wounded.
French Navy WJns.
Confirmation of the naval fight In
the Adriatic sea is given In a dlsnatch
from Cettinje to the Corriere D' Italia
today which says that the Austrian
battleship Zrinyi and three other
ships whose names could not hr. p-c»»jp.
talned were sunk bv thr Fren"^
A great number of French and -ifo,
warships are said to be patrplling the
coast. -j-1
French Lose Heavily.
A Brussels dispatch to the Exchan«p ,j
Telegraph Go., says the French casual
ties in the fighting between Namur J,:\
and Dinant were heavy as the (Jjsr
mans were strnnglv entrenched a*td
their artillery at the outset played.
great havoc with the French
8teamer Captured.
New York, Aug. 17.—A 'message,
from Santos. Brazil posted today atvM
the Maritime exchange, announces
that the Hamburg-American steam
ship Santa. Catharlna of that, corn
pan yV South American servlci, b,»s
been captured by British cruiser. T**
mepsage did not give the name of the
cruiser, or mentlcn to what port
prize was being taken.
Music Saves *he Day.
London. Aug. 17.—'The French' wina
at D'nant had been )adly cut up anfl
nearly routed when «uddenlv
strains of the Ma.rselllnlS"'reoound''l ,1
fn thp French lines «nd the men ral-,"*^
lied and reformed. Yitli splendid
lantry. they charged. hnrl|««? th^m.
selves on the German troons, break
ing through thejr lines and putting
them to flight.
Austria Is Invaded.
A dispatch from Rome to thp Kx
chaneo Telegraph Co.. save th» *»on
tenegrln troops have, crossed the Bos
nian frontier and occunled th" totyn
of Techalnitza after a fierce battle.
The Rome d'spntch .to the,
change Telegranh Co.," adds that '-f
Montenegrins have captnred eiffh*
Austrian blockhouses in Hertogo-'tna
between Bilek and Trebinle. The*
have also occunled seven village* near
Trehlnie and have taken twelve Aus
trian officers prisoners..
GHICP
«,
by Infantry and
cavalry supported
artillery.
"In the provinces of Piotrkoff »nd
Klelce the Austrian cavalry occupied
a front of over fifty miles in leiMKth,
extending along a line from Tchenato
chova through Andrejew to 8andomlc.
The cavalry was supported by infantry
and by arttllery."
"On August 14, Austrian advance
guards penetrated a short dlfttanca
into Russian territory. It is reported
that this offensive movement was
checked by the Russian troops. An
Austrian attempt to advance from
Andrejew toward Klelce failed on
August 15, when the Russian troops
by a series of brilliant cavalry attacks
succeeded in dislodging the enemy
from Klelce and also occupied a town
in the Tomaschoff district.
"The Russian cavalry cut up th«
Austrian, advance guards and invaded
the frontiers of Austrian Galicla, p«p
etrating a distance of eight miles.
"Near Tomaschoff Russia cavalry
inflicted serious losses on the eleventh
Austrian dragon regiment, in a bril
liant sabre engagement. Russian
cavalry is in close contact with tha
enemy everywhere."
1
1
15
Chlcagoi Aug. 17.—One policeman &
was killed and another wounded early
today as a result of the desperate re
Blstance to arrest Simon Hogan, col- I
ored, accused by another negro
robbery. Hogan was wounded in the
hand and a stray bullet went through
the helmet of a third policeman.
Hogan surrendered after the frame?
dwelling in which he had taken refuge
was surrounded by policemen, six of 'fi
whom were armed with rifles apd
after the building was riddled vith^~
bullets.
It was after mtdnjght when Trunvt
bell and three other officers started for "$
Hogan's lodging place to investigate
the complaint of robbery. At twen-,
ty-sixth and State streets Trumbell en
tered Hogan's room and was shot by* A
the occupant. He died at a hospital,
Hogan eluded the other policemen, but
was located a few hours later in the
frame house at 3800 South States
In the course of the shooting Mich
ael McFadden was shot in the groin.'
A rifle bullet passed through the hel
met of Policeman J. Windle.
11
""i
'S
e*
i,
«FC»n
S
RESISTS ARREST
ONE AND WOUNDING ONE.
K-P
BUROLARV'
MAN ACCUSED OF
FIGHTS OFFICERS, KILLING
.riff
j?
i?
street. He opened flre at once on the *4
half dozen policemen then present,
and reserves with rifles were sent. A*y|
lively exchange of shots was kept up-lND'
until Hogan's ammunition gave
Then he surrendered and was taken
to a hospital to dress the wounds in 1
his hand.
out. 'V
?j ftf.