The daily Gate City. [volume] (Keokuk, Iowa) 1855-1916, 1909-12-21
THE WORLDS MARKETS
Furnished by James Bennett Members Chicago Board
OF Trade and 81. Louis Merchants Exchange
oFFlcE-RooM BUILDING PRIVATE WIRE
Daily Grain Lett Y.

SI1IGAGO, Ills, Lee. llt-- w neat
Liverpool closed 1ad to sd higher
Receipts here today, 80 cars, year ago
81. Generally cold wes Their still in
terferes with movement The recent
advance in December wheat forced a
great deal of short covering and inn
portant longs accepted their profits.
This delivery is being evened up very
rapidly. The sensational advance in
the Argentine markets is generally
discredited as being grossly exagger-
ated. Recent Investigations .as to
-four stocks indicate flour distributors
are heavily overstocked. especially
through the east. Many millers report
difficulty in getting shipping instruc>
tons. The main feature Of the
strength in the wheat market at all
points, is the oversold condition OF
the December delivery. This will
soon be out Of the way and while SEN
sational spurts are not improbable.
we firmly believe May wheat is too
| high and should be sold on all good
bulges.
Corn-Lverpool closed SD to I'D
higher. Receipts 456 cars, year ago,
615. Weather conditions as shown by
the map are excellent foi marketing
and grading corn. Temperatures are
slightly more favorable to railroad
| operations and receipts should show
an increase during the balance of the
month. Elevators are making strenu.
GUS efforts to fill pit sales with con-
tract grades, increasing the contract
stock 475,0o0, bushels, the past week
to a total of 1,124,000.
Oats-Receipts here today 179 cars
year ago 344. Local stocks continued
tic decrease. Contract losing $4,000
last week, now totalling 2,S55,0O0. De
iiyeries were heavy yesterday 635,6G0
but were we'll taken by shippers, be
ing relatively cheaper than current ar
rivals. We are friendly to oats but
advise profit taking around current
/ levels.
Provisions Cash demand Is slow
and is likely to continue SO as long as
prices are maintained at the curren
the most aggressive bears have turn
eG buyers on the easy spots. We lool
for increased selling pressure from
this time forward. Prices are too lhigt
to be maintained. Estimated hogs fol
4 wednesday $4,000.
Daily Range OF Prices.
CHICAGO, H., Dec. I'll
4 Open. High. Low. Close.
i WHEAT Dec. 81. 20.
May 1875 1875 111M 111B 113A
July 1887 1887 102 1925 1893,
Dec. :. 1161a 116A 1875 116 1165t
CORN
May !. 81 e7A ssA eeA sly
July I. 6eM 67a sc &C s6a
Dec J. 62% 627S 61A 61A 62A
OATS
May !. 45A 45M 45A 45ss 45a
July ;. 4SA 1914 42% 42R 43R
Dec. ;. 441s AN 43A Al AN
PORK
Jan. 21.75 21.90 81. ~ Pip 81. 8
May 81 90 21.92 21.72 81. 70 81. 9
Loo l.SU L.. EI.(U l,O
LARD
Jan. 12.S7 12.S7 1878 IL. rs 10. 81
,, May 1902 1902 II 80 IL. 80 70. O.
July 1877 1877 1887 1877 s12. O
RIBS
Jan lilo lilo II. 81 11.52 II 81
. May 11.47 11.47 II. 80 II 80 II a
July AZ Hap H.. 27 IL. Of IL a
Chicago Car Lots.
Grade
Today No.
Wheat ............ SO 2
Corn ................ 456
Oats ............. -. 179 6
Northwest Receipts.
Last Las
Today Week Yea
Minneapolis ......... 257 1913 II
Duluth .............. 81 104 Z
Winnipeg ........... 240 $40 IS
Primary Receipts and Shipments.
Today. Last Year
WHEAT
Receipts ..... 521, 900 466o0
Shipments -. 100000 10000
CORN
Receipts 80. ss1 900 1,15s,tJ
Shipments -. 2S6,000 39s,Oo
OATS
Receipts $3.50. 325,000 1850
Shipments -. 427,000 207,0
Chicago Cash Grain Market,
CHICAGO, Dec. 21.-Wheat-No.
, red. 81 .25@1.2s: No. red, 81 .2oa
/. 26; No hard winter, 81. 1901. Is
No 3 hard wiiater. S1.1Om1 .16. Nc