The daily Gate City. [volume] (Keokuk, Iowa) 1855-1916, 1909-10-14
THE WORLDS MARKETS
FURNISHED by James Bennett Members Chicago Board
OF Trade and ST. Louis Merchants ExcFange
LOCAL oFF1cE-RpoM CITY BUILDING PRIVATE WIRE
MISS VALLEY PHONE
Daily Grain Letter

Daily Grain Letter
CHICAGO, ILL.,, Oct. 14-Wheat-
Llvedpool closed, * to I'D lower Re-
celpts here today SO cars, year ago
~. Statistics are still bearish, crop
news bearish and there is every indi-
cation that with restricted export
business we will carry over big sur
plus which will have to be marketed
next spring. The situation that must
develop in the distant future is bear
lsh. The weather map this morning
shows little rain. The Price Cur
rent said: Scattered rains have been
beneficial for winter wheat seeding"
Patten and other shorts in the Decem-
Der delivery have covered freely and
In May as well. Hedges were taken
OH and no more put on. Lighter
terminal stocks and the high cash
premiums, make the future strons
one The market ruled firm sentiment
and Immediately conditions being bull.
ish. Nothing more than a scalping
market can be expected with such con.
ditions although manipulation is pos.
sible in the December. Meantime we
believe May should be sold for scalps
on all the hard spots.
Corn-Liverpool closed II to sd
lower. Receipts here today 1873 cars
year ago 147 Old supplies are larger
than originally supposed. Weather
conditions excellent for maturing the
new crop. The Cincinnati Price Cur
rent says, Reports on the corn crop
maintaining previous conditions, and
seem to justify considerable increase
over last year. Husking has begun
and early marketing indicated. This
is rather bearish With a good deal
of corn to be moved, the prospect of
an early ana heavy movement of new
corn, fine pastures, slack demand
make the corn situation a weak one
Cash corn was quiet today with prices
about unchanged. The market acts
heavy, Updyke, Bartlett Patten ana
Co., Finley Darrell and country houses
were the sellers. About the only de-
mand was on resting limits which
were easily filled up. Nothing but un.
satisfactory weather Or car scarcity
stands between the short seller and a
handsome profit.
Oats-Receipts here today PIP cars.
year ago, 1856. Dat receipts are com
parative light and show little indica-
ton of increasing. Although the con-
ditions have been favorable for mar.
keting. Strong interests control the
standard stock and the December de
livery. Cash prices are well maintain
ed and it will not be difficult to bring
about several cents advance in the De
cember kind AS long as the holding
tendency remains strong through the
4 country we see nothing but a firm
and higher market while there is
we would sell it OF all good tulges.
Daily Range Of Prices.
CHICAGO H., Oct. IA
Open High. Low Close Close
Oc.. IA. 10.
/ WHEAT
May 1855 1915 100 1O6A 1861
Dec. 1O4 1865 1ooA 1o61s 1o4A
July 9SK 991s 9sA 1914 9s1z
CORN
May COZ 81 5sM eo7s eoA
Dec. 57A 5SA 81 ssh 57A
July 5sA CO.'S 5sh COZ SOY
OATS
May 41ss 1875 AK 40 41A
Dec. 1914 40 SO 1874 39A
July 1878 Al 1875 4os ;.
1 PORK
Oct. 80. $50. %. 90 % OF
May is. II 1S. % 1917 81 IS o.
Jan. IS. so 1856 Is. 80 1919 IS. 81
LARD
Oct. 11.97 II. 30 II. 81 1870 II. 81
May 10. so 1910 10. 60 1910 10 81
| Nov. 10 11.S5 lilo II so II 6:
Jan. 1917 IL. 90 10. II .95 10. I;
RIBS
Oct. ii 10 IL. 10 II 90 11.O5 II o;
May 9.57 975 9.57 9.72 9.5I
Jan. go 9.75 go 9.72 9.5'
Chicago Cash Grain Market.
CHICAGO, Oct Wheat-No.
red. 100. No. red, 114@11S; No
hard winter, 111@11t; No 3 hare
winter, 1oS@111; No. 1 northe--
spring 106@10S; No. 2 northern