The daily Gate City. [volume] (Keokuk, Iowa) 1855-1916, 1909-11-05
THE WORLDS MARKETS
Furnished By James Bennett Co., Members Chicago Board
Of Trade and ST. Louis Merchants Exchanqe
LOCAL oFFIcE-RooM CITY BUILDING PRIVATE WIRE
MISS. VALLEY PHONE sos
Daily Grain Letter.

CHICAGO, Nov. 5.-Wheat: Liver
pool closed sd higher Receipts here
today 80 cars, years ago. 20. Argen,
tine shipments slightly exceeded the
estimate, being 36S,0O0. The heavy
liquidation Of the past few days has
cleared up many weak holders. The
open December interest is now more
concentrated with strong holders. Last
nights close at the figure of the night
before was an exhibition of firmness.
Minneapolis stocks increased $4,000
blu. for the week against decrease OF
10000 last year. A wire from there
today said there was good buying of
wheat. mills and elevators also buy
ers and good flour sales reported.
Bartlett Patten & Co. were buying
wheat here today. Hulburd Warren &
Co. and Chandler selling. Harris-Win-
throp were fair sellers of wheat and
there was a little scattered commits.
sion house buying early. The gener-
al situation is bearish. Europe is Sc
curing ample supplies from Russia
and The Danube Argentina will soon
become factor with heavy contri-
buttons. The big Canadian crop is
available at ten cents per bu., less
than the United States wheat. We
can see no incentive for selling Decem-
Der wheat while even the cash hold
ing is deliverable at two to three
cents above that price. Firmness in
the December will be reflected in the
deferred future. We are not bullish
on the general situation and feel that
sales Of May wheat on any good adj
vance will result profitably.
Corn-Liverpool closed unchanged.
Receipts here today 125 cars, year ago
rs. Estimated So cars of new corn
today. The fine weather could not be
better for the completion of harvest
and an early movement. A local crop
guesser was credited last night with
increasing his rather bullish estimate
of two months ago by ninety millions.
1t is our belief that corn was undoubt-
eddy improved materially during the
month Of September and the early
part of October. The cash market
today was Nc higher. Comstock was
a seller of May, Patten was iH the
pit selling corn. Logan and the crowd
were sellers. We are bearish on corn
but do not expect it to show any ma
terial break until the actual move
ment commences. There is risk on
the short side of December, but we
believe sales of May on hard spots
will make money.
/ Oats Receipts here today 203 cars
year ago SO. The only feature attrac
/ ting attention in this market is the
persistent buying on the soft spots
by Peavey and the Armour interests,
although the trade has it figured out
that they will not carry their actiyi-
| ties into December. Fetten sold a, few
oats today. sya
Daily Range Of Prices.
CHICAGO, ILL.,, Nov 81. a.
| Open. High. Low. Close.
| WHEAT Nov. 6. s.
May 1929 1929 1019s 1915 s102A
Dec. 1925 1929 101A 1915 1O2
July >. ss% 9eA s5ss 95ss s955s
CORN
May {. COY soM CO.'S soA seoss
Dec. 3. 5sA SO 5S1s 5S1s. e5S5s
July 8. CO.'S eo3s 5eA 1915 6oA
OATS
May 41M AZ 411k 41ss 4oM
Dec. :. 1914 3sA 1875 SSM 39A
July !. 39a4 S9A 1914 39as 39M
PORK
May 10. So 10 n 10. 55 10. 10 10. so
Jan. 1897 90. % 1896 20. OF 1875
LARD
Nov. 1880 1872 1910 10. 70 ~ 80
May 1872 II. s5 II 80 II. So II. 80
Jan. 11.77 11.S0 11.67 II. 10 II. 70
RIBS
May 10. 20 10. 80 1o. % 10 ~ 10. 20
Jan. 10. 80 10. 40 1892 1927 10. 30
Liverpool Opened.
LIVERPOOL, Nov. 5-Wheat, Nd
higher; corn, unchanged.
LIVERPOOL. 1870 p. M Wheat,
Is Old higher; corn I'D lower.
Liverpool Closed.
Wheat, Esd higher; corn unchanged.
Car Lots.
Graded
Today No. 2
T Wheat -.. ,s s. 70 70
Corn .....s........... 10 %
Oats ........... 203 SO
Northwest Receipts.
Last Last
Today Week Year
Minneapolis ........ 425 391 220
tesses and the every want of their
guests was attendd to in graceful
manner by them. Supper was served
in the new and pretty parlors of the
church and the chicken pie with all
the accompanying good things made
sumptuous supper for the large num-
Der of ladies and gentlemen who at
tended. The tables were prettily laid
and large cluster of carnations grac-
ed the center of each