The daily Gate City. [volume] (Keokuk, Iowa) 1855-1916, 1910-09-18
Daily Grain Letter.

4
sions, acceptances to reach this office
before 9:15 a. m. Monday morning,
on corn 10 days shipment and white
oats 10 and so days shipment
Enthusiastically speaking there
has been little change in the situa-
ton for several days. The facts and
! figures are still bearish, although ii is
not likely that the worlds shipments
will equal the big estimates of ear.
lier in the week. Europe reports Rus
sian offerings have fallen off and
that higher prices are being asked.
| Domestic markets are showing more
strength, premiums on cash wheat
gaining slightly. The most radical
change in the situation is the mental
attitude of SPECTATORS Several i'm
portant interests have become active
on the bull side. The larger shorts
have been covering freely. There is
more of this short covering to be
done and the bull interests, which
now have a slight advantage, will
press it. We look for further rallies
and believe there will be opportuni-
ties TO put wheat out somewhat high
er.
Corn-Fine weather and magnifi-
cent crop prospects make the short
side look attractive still. Strength in
wheat which encourages short cover
ing has been about only cause of
strength. Country houses are moder-
ate sellers on all bulges. Offerings of
old corn from the country are not
large but will increase with continu-
ance of good weather. Many shorts
have covered but the market is still
heavily oversold. Some further rally
is not unlikely but with favorable
weather we look for lower prices and
would sell on all bllges.
Oats-Big shorts have been good
buyers. The bullish attitude of the
Patten following is still an important
feature. Movement is too small to
meet the necessities of current con-
sumption and unless it increases
soon, oats in store will be wanted and
this condition will be further reflect
ed in pit prices.
Provisions-Cash people report an
improved demand for lard but meat
trade is small. Consumption is being
curtailed. Hog receipts are more than
ample for all needs, stocks will ac-
cumulate. We still firmly believe that
January product sold on hard spots
viii pay well.
Sample Markets-Wheat strong, of
fering light Local millers not active
but demand from shippers and eleva-
4 tors is good. Premiums somewhat
/ better. No. 2 red, lie to &c over
/ September price. No. 2 hard &c over
September. Corn, weak, 1a@Ac low
er. Offerings fairly liberal. Shipping
| demand slow. Oats 1-2c higher. Ship,
pers and local feed dealers find cur
rent arrivals insufficient.
Daily Range Of Prices.
1 CHICAGO, H., Sept. IL
(, Open. High. Low Close.
| WHEAT Sept. II. 16.
Sept. s5N s6k s5% s61s 95sl
4 Dec. \ s9a4 1O0h 1914 1OoA sss!
May 1865 1O6A 1o5A 1904 1867
CORN
Sept. :. 55A ssh 54M 54M 55H
Dec. J. 5sh 53h 52% 53as 531!
/ May :. 56ss 561a Sc 561a 56as
OATS
/ Sept. :. 3as s4M s3A 341s "a
! Dec. I. 35k 1914 $3.50 35A 35H
May !. 1895 3sA 3sM 3SA 3sA
PORK
Sept. 49,. 80. 80. 20. OF 20. 1f
Oct. !. 1892 10 so 1877 1917 1913.
Jan. 1892 49,. 80 1880 IS. 30 IS. 81
LARD
Sept. ..... ..... IL, 30 IL. 81
/ Oct. 1927 II. 81 IL. 20 IL. 20 IL. 80
Jan. 1867 1857 1876 10 81 10. sc
! RIBS
/ Sept. ..... ..... 800. IS II 6t
! Oct. 11.S5 81 11.35 11.35 II. 40
Jan. >. 80 s.72 80 9.72 s.72
Call Prices.
! Wheat. 1z@lc higher; corn, UNI
changed to n lower; oats. unchanged
to &c higher on white oats.
Track Illinois
Chicago. Prop.
| 10 Days Shipment
No. 3 Corn ...... 81 81
/ No. 8 White Corn $685.. 54ia 541a
No. 3 Yellow Corn 49,. 54h san
! Standard Oats ........ 34A 35
No. White oats $50. s4A BAN
No. Oats ........ 31M 31h
No Red Wheat 49,. SO 981s
No, 2 Hard Wheat go. SO SO
September Shipment
/ Standard Oats ...... BAN 35
No. 8 White Oats ...... S4A 34%
No. 8 Oats ....... 32A 32A
! No. Red Wheat .... IS 90
No. 2 Hard Wheat 80. 9S1S 98A
80 Days Shipment
+ No. 3 Corn ..... "a "a