The daily Gate City. [volume] (Keokuk, Iowa) 1855-1916, 1915-12-13
Late Market Quotations
Long Commission Co. Grain Letter.
FURNISHED by Long Commission Co.

IL uEulbuSO by Long NOmulSSlOu COs
1921 Main. Telephone No. 1901
Wheat showed remarkable strong
tone. In the face OF local pressure,
and scattered realizing, particularly
longs who took advantage OF today's
sharp advance to obtain profits. Com
mission houses were noticeable buy
ers from the start, and offerings were
readily absorbed. The market closed
at good advance for all deliveries.
An important factor in forcing local
shorts to cover was the posting Of
about 1850, 900 bushels decrease In
the visible supply. The visible is,
however. misleading. in that it takes
no account Of stocks afloat at Buff
falo. The visible supply IL now about
thirty million bushels less than
year ago. The demand for spring
ment fro ma Minneapolis paper, to
the effect that our two spring wheat
markets have received 100000
bushels more than last year from
September to December and have
shipped out 100000 bushels more
tina Mast year during that period.
Some export business was worked to-
day, including some hard winter by
way Of the gulf. From cash wheat
standpoint, the market u gaining
strength.
Corn-Corn did not hold an early
bulge and showed a poor response to
the strength In wheat and oats.
Local traders and cash houses were
fair sellers and longs were disposed
to take profits on the bulge. The
visible supply showed an increase Of
$4,000 bushels, which, while not =
| L. 0ofS In
markable, in the face OF light re-
ceipts Cold weather is increasing
the receipts and the quality Is poorer
as weather conditions permit the
Smelling Of soft corn. There were
said to be bids here for export corn.
but mono was worked.
Oats-Oats in sympathy with wheat
were slow and only showed q moder-
ate gain. A good demand exists for
the better grades, but the bulk OF the
receipts are Of low grades and conse-
qusntly arc hard to dispose Of The
poor grade Of these receipts and of
local stocks resulting In some con-
gestion in the December delivery.
Cash houses are hedging In the May.
which, under the circumstances does
not appear to be an attractive invest,
ment.
Provisions Provisions averaged
higher, but the list closes easy with
the exception Of pork, which made
moderate gains. Selling Of meats by
packers and Of lard by scattered longs
constituted the principal business Of
tho day. The chief feature In the
strength WAS disappointing hog re-
ceipts.
Grain Review.
LUnited Press Leased Wire sefvicel
CHICAGO, Doc 13.-Good support
from wire houses, today boosted
wheat 1H after an opening slightly
under Saturday nights close. Decem-
Der. which sold Il down at the start.
ruled ct 1854 later and the May fu-
tura, opening an eight down, crept up
TO 116N, on substantial buying.
Commission houses bought corn
q slightly lower start. December sold
at 67ss and May at TN.
A buying rush at the start sent oats
up fractionally, but free selling caused
a drop later and both December and
May lost fractionally, December rul-
ing 1t 4Zh and May at 4516.
Provisions we're firm in spite Of
continued heavy hog receipts.
Canadian Visible.
Wheat decreased 2,007, 900 bushels.
Oats decreased $4,000 bushels.
Total visible wheat 19,9S2.OOO.
Oats, 1851 900.
Chicago Estimates for Tomorrow.
n FURNISHED by Long Commission Co.,
4021s Main. Telephone No. 1901
Hogs, 1900; cattle, 1000: sheep.
2s,o00; wheat, 269; corn. 1856; oats.
2S3.
Liverpool Close.
Wheat, unchanged; corn, unchang-
led; oats, unchanged.
Clearanees.
Wheat and flour. 100000; corn,
'103, 900; oats, 10000.
Northwest Wheat Receipts.
Minneapolis. 1.702 cars; Duluth. s14
Chicago Cash Grain.
CHICAGO. Dec. 13.-Wheat-No 2
red, $1.12; No. 3 hard. $1.0S01.10:
No. spring, $1.osA Clio.
Corn-No. yellow. 66k 0671sc;
No 4 yellow. s4A @66c; No. vel
low. 6xAzV65c; NO. yeuOW, oO11 W
e2c; No. white, 6s1ac: No. white.
s6hc; No. 4 white, 64@65Ac; No. 5
white. 6s@641Ac; No. s white. coo
61hc; No. 2 mixed. 6sAc; No. 8
mixed, 66hc: No. 4 mixed. 64@65c;
No. 5 mixed, 62h@631sc; No. O.
mixed, 6166214c.
Oats-No. white, 40@42c: No. 4
white. 3s@4oAc; standard, 42A@
42kc.
Peoria Grain.
( PEORIA, ILL.,. Dec. 13.-Corn-Mar-
ket H@1c lower. No. white. No. 3
mixed, 641a @65c; No. white. 63c;
No white. 61A @62c; No. s white,
SIC; No. 8 yellow, 65Ac; No. 4 vel
low, 1914 @64c; No. 5 yellow, 61h q
CSC; No. yellow, 59k @60c; No. 4
mixed, 62hc.
Preparing fer Convention.