The daily Gate City. [volume] (Keokuk, Iowa) 1855-1916, 1915-12-20
Late Market Quotations
Longs Daily Grain Letter.
nited Press Leased Wire Sorvic01

tn comfy argument the bears were
counting on today was the fact that
the visible supply would show big
increase owing to stocks of wheat at
Suffalo would be counted as Oft the
lakes. A part OF todRy's big increase
should have been reported last Mon
day. The bears sold wheat on the ex-
pectation OF this occurring, while the
bulls waited until after its appear
ance to do their heaviest buying. The
result was a sharp upturn in prices
with the highest close OF the present
upturn. The holders were helped by
= large export trade and the removal
OF hedges in our market. Export bust
ness was reported as one million sew
en- hundred fifty thousand bushels,
and further buying today was an In.
dication OF the pressing needs Of Inn
porting countries,
corn-Corn started easier with the
prospect of fair, cold weather. Tho
receipts were larger and the visible
supply showed q fair increase. 80 that
prices miEht have been lower had
not wheat shown so much strength.
TeEe was little activity among the
local bulls and the bears had things
their own way until they attempted
to buy tn little short corn. The
close was irregular. Is lower for De-
cenber and u higher for July. The
visible Is now 6.121,000 bushels as
compared with 13.326.O00 year ago.
Even in territory where farmers are
selling torn. car scarcity Is interior.
ing with the movement.
Oats-The sentiment in oats was al.
most Universally beartsh at the open.
Ing today. but strength in VIII sat and
corn and bullish cable from the Ar.
gentine steadied the market and 1t re-,
acted and closed at moderate gains,
The visible supply showed an increase
Of over million bushel. but the total
stocks ara stu more than ten million
bushel less than last year. While
there is nothing bullish in the situa-
tton, selling orders should be held for
rallies which may be expected In sym
patty with wheat.
Provfsions-Provisions smypathized
with the advance In grains and the
advance In hog prices at .Ae local
yards and closed at fair gains. The
larger packers were not disposed to
press the selling side ana there was
enough outside buying to absorb the
limited offerings. The buying side on
breaks appeared preferable.
Grain Review.
UNITED Press Leased Wire Service
CH!NSGO, Dec. 20-Sharp price
rains in wheat were registered today
In general buying rush by commits.
sion houses. December opened "a up
from Saturdays close and shot up 1A
above the opening to 119K in the
heavy trading. May. up 4 at the
start, gained III more, ruling at 121N.
Corn was easy. though there was
selling by local longs.
December gained n over opening, sell
Ing at GIN, while MAY which opened
down an eighth, went back to its Sat.
nrday close quotation, 73M, az the
trading progressed.
Though climatic conditions were
again favorable for marketing, oats
were at a steady value, ruling at AK
Tor December and AN for May.
Little disposition to trade was
shown in the provisions pit and prices
were steady.
CHICAGO Estimates FOR Tomorrow.
Furnished by. Long Commission Co.,
402k Main. Telephone No. 1901
Hogs, $4,000; cattle. 5000; sheep,
1000; wheat, 5a2; corn, ASS; oats.
'e7.
liverpool Close.
Wheat, Id higher; corn. h@1 high
IT: oats, none.
ciearances,
Wheat and -four. 100000; corn,
10000; oats, 663.O00.
Northwest Wheat Receipts.
Minneapolis, 1,067 cars; Duluth, 1913
.ars: Winnipeg. 2.0s5 cars.
Chicago Caeh Grain.
CHICAGO, Dec. 20-Wheat-No. 2 |
red. $1.20h 01.22; No. 8, red. SLIGO
LIS: No. Q hard, $1.1s@l.2o; No. 3
hard, $1.12B@1.14; NO. spring, |
I10s@1.05.
Corn-No. 8 yellow. 6s@ss1kc; No. |
1 yellow. 66@67Ac; No. yellow, !
1874 @65Ac: No. yellow, 62@63c;
No. white, TOXIC; No. white, ESQ |
,8lAc; No. 4 white, 651zQ66asc; No.
, white, 63@65c; No. 8 white, 62@
;3c; No. 2 mixed, roc: No. 8 mixed, 66 !
966Hc: No. 4 mixed, 65A @66Ac;
No. mixed, Csc; No. mixed, 621hc.
Oats-No:: 3 white, 40h@41c; No. A
white. 36@401kc; standard, Az @45c.
St. Louis Cash Grain.
Furnished by Long Commission Co..,
4o21a Main. Telephone No. 1901
ST. LOUIS, Mo-, Dec. 20.-Wheat-l
70. 2 red. new, $1,2201.26; No. 8 red,
lew, s1.15@L20; No. 2 hard. old.
u ,12.
Corn-No 2. 671kc; No. 3, csc; No.
yellow, &c; No. white. e73xc.
Oats-No. 8. 390391ac; No. 3 white,
"a 044c; No. white, 42@421sc.
Kansas City Cash Grain.
Furnished by Long Commission Co,
1929 Main. Telephone No. 1901
KANSAS CITY. Dec. 20.-Wheat-
70. 2 hard. new. $1.0901.13; No. 3
ard, new, $1.06@1.12; No. 4 hard, i,
lew, S5c0$1.05; No. 2 red. new, 31.15
11.18; No. 3 red, new, $1.07@1.15.
Corn--No. 2. 65A066Ac; No. 3, 81
D65c; No. 4, 64c; No. 2 yellow,
sHc; No. 3 yellow. 651ac; No, 4
vhite. 65hc: No. 3 white, 64hc.