The daily Gate City. [volume] (Keokuk, Iowa) 1855-1916, 1910-09-07
THE WORLDS MARKETS
Furnished by James Bennett Members Chicago Board
Of Trade and ST. Louis Merchants Exchange
LOCAL oFFlcE-RooM
MISS. VALLEY PHONE
Daily Grain Letter.

Odliy 0Fdln Letter
CHICAGO, Sept -Wheat-The
ready response of Liverpool to the de
cline in American prices, as we'll as
the general heavy tone of foreign mar
kets, still has a discouraging effect
on the bulls. Export concerns say
there is no prospect of any business
| abroad as competing countries are
under selling America. The govern
ment report issued tomorrow will
/ probably make bearish showing. Lo-
cal stocks are becaming very burden
! some and further increases are likely
to force prices still lower. The bulls
hope seems to lie in sudden and inn
i probable export demand or the posi-
bility of some injury to the growing
i Argentine crop. Without this assist
/ ance lower prices are practically Ger
! tain. We still look for scalping mar
ket, working steadily lower.
| Corn-Excellent weather in all di
( rections is encouraging the sale of old
corn. The pit is the only satisfactory
market and prices continue to sag
under the burden. Much of the corn
is already made and nothing but an
early frost can now prevent good
yield. Frost scares for this time for
ward must continually be reckoned
with Cash demand continues poor
and elevator stocks will steadily in
crease. Further liqidation may be
expected. The government report to-
| foJ 10 oil n hn
showing.
| Oats-Liquidation of tired out
holders, continues. About the only de-
mand on the breaks from shorts. Oats
stocks are large and will probably fur
ther increase. There is as yet little
I to encourage investment.
Provisions-Hogs are weak, and the
condition is reflected in the provision
pit. A fair amount of September and
October liquidation as we'll as the
weakness in grain depressed the mar
ket Some of the larger packers are
! giving the lard deliveries little sup
port. There is great lack of specula-
4 tive interest and prices are too high
to be maintained. We believe sales
4 of January product will make money
i but would select the strong spots to
4 sell on.
i Sample Market-Wheat steady, ear.
4 ly, but eased with the futures. Pre-
miums unchanged u to l 1sc over Sep
4 TENDER for contract grades of winter
wheat. Millers show little more
interest but elevator firms are the
best buyers. Corn seady about yester-
days close. Shippers bought sparing-
~ but elevator houses filling storage,
i were the best buyers. Oats steady at
4 Yesterdays close, shippers good buy
Il ers of choice oats, but soon filled. Lo-
cal feed dealers also in the market
i Offerings small, demand fairly good.
Daily Range Of Prices.
i CHICAGO, H., Sept. t.
Open. High. Low Close.
r. WHEAT Sept. Z. 6.
Sept. 81 s71a a6A s6as 97ss
Dec. 1915 1o15s 1oo7s 1ooh 1915
May 1O7 1912 1o6ss 1862 1O7A
4 CORN
Sept. !. 56a 57as 5e5s 57M SIS
Dec. J. 551z 55% 55A 55h 551a
May !. $50 SO 5sas 5S5s 5S5s
OATS
Sept !. 80 SO s2& 32M SO x
Dec. :. $685. S55s S5A S6A 955s
May :. 9s1a 1885 1915 1915 SS1s
PORK
Sept. 80. ..... 49,. 90 25 20. g.
Oct. 90 So 90 55 2o25 2O.25 20. 81
Jan. 1857 1915 1876 1866 1870
LARD
Sept 70. 20 12. 20. IL. 10 IL. 10 u. %
Oct. II % u % 12.17 12.17 12.2 p
Jan. 10. 70 1915 10. 81 1867 10. IL
RIBS
Sept. l.. 90 IL. 90 II. 81 11.e5 II o;
Oct. Ii SIS 1l.S5 11.55 IL So IL. 81
May !. $50 90 e.75 9.75 Csc
Call Prices.
Wheat. a@1Ac lower; corn, 1ac