The daily Gate City. [volume] (Keokuk, Iowa) 1855-1916, 1909-11-21
THE WORLDS MARKETS
Furnished BY JamesE Bennett Members Chicago board
Of Trade and s.. Louis Merchants Exchange
LOCAL oFr1cE,-RooM 2 GATE PRIVATE
BELL PHONE
Daily Grain Letter.

Daily Grain Letter.
CHICAGO. ILL.,, Nov. 20. Wheat
| Liverpool closed I'D to sd lower.
! Receipts here today % cars, year ago
| "A. The milling and its relative in Il
terest which are heavily long in De-
cember wheat show no disposition to
| liquidate and probably none of the
! wheat will come on the market, until
prices equal those ruling for such
grades of cash wheat, as are avail
able for delivery in this market. The
only accumulation of this sort is at
Duluth. Navigation closes in two
weeks. Much of the wheat in store
at Duluth is sold to eastern mills.
Another important factor is scarcity
of vessel room. We still believe the
only outlet for the local short is to
cover in the pit at materially high
er level. We believe purchases OF
December wheat will continue to be
profitable. May will follow any adj
vances In the December.
Corn-Liverpool closed unchanged.
Receipts here today 122 cars, year
ago, 279. Floor spectators have liq-
/! Undated freely the past week and their
4 places are taken by commission house
investors who will stick, especially
as the prospect delivery on December
contracts in large volume is extremely
remote. We believe the pit situation
is very strong. It has successfully re-
sisted the attempts by Patterns brok-
ers to depress values. Large contracts
for December have been made and we
believe that it will be Impossible to
supply the actual corn. and that 1t
will be necessary to cover these
! hedges at higher level.
Oats Receipts here today lis cars,
/ year ago 172. The market was dull
but somewhat easier. December we'll
taken on the declines by the inter-
ests most active in selling it higher
up Light receipts and strong hold
ings make us feel friendly to oats.
H Hogs steady. Western
receipts $4,000 under last year. There
was q renewal Of investment demand
and the market showed some firm
ness. Packers are still active on the
bear side working for lower prices to
affect hog values. The market Is on
debatable ground We would wait for
! breaks before taking the long side.
The distant futures seem an attrac-
tive short sale on the sharp bulges.
Daily Range Of Prices.
CHICAGO, ILL.,, Nov. 20.
n,er IJ;oI, <S1,.,
WHEAT Nov. 20. 10.
May !. 1865 1051s los 1881 1855
Dec. 1854 10Sh 1885 1851 1os1a
!. July s. ssM seA ssh sss4 ss#
!, CORN
! May !. SIX s1ss Sis s1A e1al
! Dec. 59A 59A 591s 595s 597s
!. July COZ 6oM 6OM COZ soN
: May \. 41a AK 41M 41ss 41a
!, Dec. SO 80 3s7s 80 1914
: July &. $685. 1875 ss@ ss1k sssl
: PORK
May 50 Is. s5 10. 80 19. 80 19. 81
i Jan 2o.70 20 80 20. 10 20 so 20 I.
). LARD
4. Nov. ..... 49,. ..... 1925 10 Il
!. Dec. $50. ..... So. IL. 40 ~.
Z May II 40 11.45 1877 II. AZ II. A
Jan. 1872 u 90 II 80 II .s2 II. 8
RIBS
May 81 10.45 10 .35 10. AZ 10 8
n Jan. 10 60 10. 65 10. go 10. So 10. s
is Chicago Grain.
is Receipts. Shipments
Id Wheat ..... $4,000 81, 90
~ Corn .......... $4,000 213,00
W. Oats ........... 212,0O0 214,00
n
* :, Car Lots.
n Grade
Today. No
Wheat .............. %