The daily Gate City and constitution-Democrat. (Keokuk, Iowa) 1916-1922, 1916-05-17
Late Market Quotations
Long Commission Co. Grain Letter.
FURNISHED by Long Commission Co.,
403 Main. Phone 1901

| Long COMMISSION co. Grain Letter.
FURNISHED by Long Commission Co.,
| 403 Main. Phone 1901
CHICAGO, May 17.-Wheat-AI
| though crop news was no more favor
able, wheat developed an easy tone,
, due to scattered selling, a large part
! OF which came from local traders,
who were long. The political situa-
ton, with prospects Of peace, were
the principal influences Of the bears.
commission house demands On rest
ing orders was large and broadened
out on the decline. Some of the
strongest local interests were buyers,
especially of the September delivery.
The northwest is beginning to attract
more attention on account of the
lateness of the season and general
damage by wet weather. If the peace
rumors, of which many were reported
today, are not confirmed, the market
is in position to advance very
easily.
Corn-Light receipts and a better
cash demand, caused shorts 20 cover in
corn and brought out strong and
higher market. When May reached
the premium of one cent over July,
the leading bull interest was credited
with selling the former and buying
the latter. With the ending of the
planting, we may expect increased
receipts, but until that ime, as the
run assumes liberal proportions, it
would not be advisable to sell corn
on the breaks.
Oats-Some selling of oats against
corn purchases and fair commission
house offerings, above last nights
close, prevented much of an advance
in oats. Outside of damage reports
from the southwest, the outlook gen.
orally was favorable and the pros
poets for good sized oat crop is as
sured. Large reserves held back in
the country operates against bullisi
market.
Price Current says: Weather unfa-
vorable. Rain and cold in northwest
and dry in Nebraska and Kansas.
Hessian fly doing considerable dam
age in the southwest. Considerable
damage by green bugs in southern
Kansas and north and south Okla
homa. Raining and cold weather re-
ducing spring wheat acreage. Oats
seeding almost completed in Central
and northern states. Corn planting
also advancing rapidly.
Grain Review.
! CHICAGO, May 17.-Lower cables
and generally fair weather predic-
lions caused declines in the wheat
market today. Cables failed to re-
spond to the advance in American
markets and this inspired sales. May
| wheat was down "a at 115ss; July
down q at 116as; September down
lA at 1161a.
Corn was firmer. Light offerings
in the face of active buying were re-
sponsible for gains. May corn was
up Is at 1885; July unchanged at
75k; September up Il at 1885.
! Oats were unchanged except Sep
| TENDER. Some selling caused drop of
| Is in that future. May oats was
| quoted at 46A; July at 43 and Sep
TENDER at 1915.
Provisions were steady.
Chicago Estimates for Tomorrow.
FURNISHED by Long Commission Co.,
403 Main. Telephone So. 1901
Hogs, 10000; cattle. 1000; sheep
Ia 900; wheat, IS; corn, 81; oats, 221.
Liverpool Close.
Wheat, unchanged; corn, unchang-
CIearances.
Wheat and flour, 10000 corn,
$4,000; oats. $4,000.
Southwest Wheat Receipts.
Minneapolis, 17S cars; i. Duluth, AZ
| cars; Winnipeg, 724 cars.
Chicago Cash Grain.
CHICAGO, May 17-Wheat-No.
h,r
No hard, s1.12@1131s No. 8 spring
s1.16B.
Corn-No. 2 yellow, 74A @761sc;
No. yellow, 75@75kc; No. 4 yellow,
72hc:. No. 2 white, 75A @76Ac; No.
73c; No. 5 white, 76@7s1sc; No. 3
| mixed, 74Ac; No. mixed, 72c.
/ Oats-No. 8 white, 43k @45c; No.
white, 421k 943Ac: standard, 472z
@4Sc.
Kansas City Cash Grain.
Furnished by Long Commission Co.,
403 Main. Telephone No. 1901
KANSAS CITY, May 17-Wheat-
No 8 hard, s1.O7@116; No. 4 hard,
$1.02@1061s: No. 2 red, s1.O8@115;
No. red, $1.O491.12; No. 4 red. s6c
@s1.O5.
Corn-No. 2, 72c; No. 3, Tic; No. 8
yeHoW, fIWfGAc; NO. Wnlte, fIQ
72kc: No. 8 white, Tic.
Oats-No. 2, 40@42c; No. 3, sec
41c; No. white, 46@47c; No. white
45c.
st. Louis Cash Grain.
Furnished by Long Commission Co.,
403 Main. Telephone No. 1901
ST. LOUIS, Mo-, May 17.-Wheat--I
No. red, new, $l1S@1.21; No. 3 red,