The daily Gate City. [volume] (Keokuk, Iowa) 1855-1916, 1915-12-29
Late Market { Quotations
Long Commission Co. Grain Letter.
Furnished by long Commission Co.

SA1ANA0Os 4P5C. Z$.--W008I--EE0o-
sure from short sellers and discour-
aged long holders continued during
the morning and the market il nearly
at point whore good support should
prevent further break. Bears are very
likely to become over confident and
their offerings, as well a. liquidation
sales will be absorbed by fresn buy
ing and by old bulls who took advan-
taEe Of recent high points to secure
PROFITS. A very bullish report on the
spring wheat situation was issued by
a Minneapolis commission house to-
day. estimating the crop Of Montana.
the Dakotas. and Minnesota at 375.-
100000 bushels. This report shows
actual consumption of spring wheat
in four months as 192.000.OOO bushels
and after reserving 25.000.000 bushels
for seeding. leaves only 15S .0O0, 900
bushels available for the next eight
months. We believe that on any fur
Their break from any cause during the
next day or 30. wheat may well be
bought by all classes Of investors.
Corn-Except for little strength
early corn has been dragging lower
with wheat. with very poor demand
current receipts. The recent advance
pretty well cleaned the market o.
shorts and probably brought q good
deal Of profit taking. Further breaks
may bring repentance on the part Of
such buyers and more or less HQuida-
ton Of scattered character. Al
though the car situation still forbids
any heavy receipts, there Is expected
to be a gradual increase during the
coming month, when the movement
Of merchandise will not be 80 heavy
and large run as soon rs the cars
are available.
oats Without anything especially
happening to oats, the market fol-
lowed the other grains, but showed
no decided weakness. Current receipts
are moderate and recent sales to the
east makes fair demand for the ar
rivals
Grain Review.
UNITED Press, Leased Wire Service1
CHICAGO. Dec. 29.-Big traders
flooded the market with December
wheat today and sent prices tumbling
2N below last nights close. Quoted at
1891 last night the month dropped to
1908 today. May wheat was sold
freely and ruled at 123, point below
today's opening and IL below last
0lSuIS close.
Trade in corn was Of moderate vol
ume and the trend was inclined to fol-
low the wheat market. December
dropped from 711x later, and May sold
at 75N down from yesterdays finish.
Oats showed small gains early on
brisk trading, but shared in the gen.
eral slump later, December ruling at
42A and Nav at A6A
Provisions were active and firm.
Chicago EstImates for Tomorrow.
Furnished by Long Commission Co..
4O2h Main Telephone No. 1901
Hogs, 10000; cattle. $500; sheep.
5000: wheat, 193; corn, 213; oats, 1885,
Liverpool Close.
Wheat, Id lower; corn, h@1d low
er; oats, none.
Clearances.
Wheat and flour. $4,000; corn, 90.
900; oats, $1,000.
Northwest Wheat Receipts.
Minneapolis, 799 cars; Duluth. 49,
cars; Winnipeg. sac cars.
Chicago Cash Grain.
CHICAGO, Dec. 29-Wheat-No. 3
red, $1.16A; No. hard, $1.2Ok0
1.23N; No. hard. s1.15@1.1s: No. 8
spring, $1.12@1.15.
Corn-No. 8 yellow. 70@T0hc; No.
4 yellow, 6S1a @69Ac: No. S yellow.
ssh 0671ac; No. yellow, 641s@
65Hc; No. 4 white. 6S1a 069c; No. s
white, 660671ac; No. 4 mixed. $50
sec; No. mixed, SIC: No s mixed.
64h @65Ac.
white, 41@42c; standard. 44@45c.
Peoria Grain.
PEORIA, Ill.,. Dec. 2S.-Corn-Nar-
ket unchanged, &c lower. No. white
67,sc; No. white. 65A0651ac; No.
3 yellow. roc: No. yellow. 670
67hc; No. yellow, 65A 066c: No. 6
yellow, 63@6311c: No. mixed, 69c:
No. 4 mixed, 67@67%c: No. S mixed.
65h @66c; No. 6 mixed. CSC.
Oats-Market A0hc higher. No
3 white, AK @411ac; No. 4 white. 40
@40hc.
st. Louis Cash Grain.
Furnished by Long Commission Co.
1929 Main. Telephone No. 1901
ST. LOUIS, Mo-. Dec. 29.-Wheat---
No. 2 red. new, $1.26; No. red, new.
$11s0I22: No. 2 hard, old, $1.1Sh.
Corn-No. 2, tic; No. 8, byc; No.
2 white, TIC; No. white. lie: No. 4
white, zoe.
oats-No. 2. 41c; No. white. 4sc.
Kansas City Cash Grain.
[ Furnished by Long Commission Co.,
1925 Main. Telephone No. 1901
KANSAS CITY. Dec. 29.-Wheat-
No. 2 hard, new, sl.15: No. hard,
new. s1.09@1.14; No. 4 hard, new, sec
@s1.0S; No. red. new, $1.1s01.23;
No 3 red. new. S11401.15.
Corn-No. 2, CSC; No. 8, 66h@
671ac: No. 4. 6S@65c: No. 2 yellow.
681sc; No. 3 yellow, &c; No. white,
67isc; No. 3 white, 661c.
Oats-No. 2, 3S1a 040c; No. 3, BIZ
939c; No. 2 white, 43@431ac; No. 8
white, 42@431ac.