Evening Republican, Volume 21, Number 242, Rensselaer, Jasper County, 27 October 1917 — Year End Corn Outlook. [ARTICLE]

Year End Corn Outlook.

Wagner Letter. The Chicago board of trade is decorated with a Liberty Bond sign thermometer showing the huge success progress of the second war loan. In addition, Liberty “auto sirens” from the trading floor of the board sound loud rallying calls down LaSalle street. Grain, finances and war banners now combine as LaSalle street features. In two out of the past six seasons, Chicago corn stocks have been large at end of December. January 1, 1917, they were 11,200,000. Jan. 1, 1914, 6,800,000. Otherwise they have been nominal prior to the enormous annual January and February corn receipts. Our reports of Oct. 24 indicate lowa husking operations will be general around November Ist. The season is mainly regarded as two weeks late. a Champaign, Hl., expects activity early next week. Waterloo, la., says: “Labor shortage chief difficulty. Husking started. Will be general in two weeks.” May com and oats promise a continuance around current levels. May com around sl.lO represents hogs at 11c to 12c and com at $1 on the farm. Frosty, drying out weather is required. The labor difficulty on the farm may meet a slow cure and this problem suggests moderate husking deday. Nothern Illinois reports tend to confirm the claims of unfavorable repeated frost visits. Labor and car conditions along with the restrained Chicago oats supplies do not suggest beyond moderate oats declines for a time. May oats, of course, represent the ample farm stores. The corn markets of November 1 to 15 will presumably be affected by a volume of active husking news. Beyond these influences we must not overlook the demand for moderate necessity costs at a time when Liberty Bond buttons are on every lapel.