The daily Gate City and constitution-Democrat. (Keokuk, Iowa) 1916-1922, 1916-06-28
Late Market Quotations
Long Commission Co. Grain Letter.
Furnished by Long Commission Co.

Long Commission Co. Grain Letter.
FURNISHED by Long Commission Co.,
403 Main st. Telephone 1901
CHICAGO, June 2S.-Wheat-There
was free selling of wheat at the open
ing, part of which was credited to
foreign account and part to traders
who were bearish, on account of bet
ter weather for harvesting in the
southwest Crop prospects over the
greater part of the winter wheat belt
are now regarded as little more
promising than at the time of the is
suance of the last government report.
Political news from abroad containing
the rumor that the cause Of the al
lies is to be strengthened, was also
regarded as a signal for selling. The
most encouraging news item of the
day for holders is an inquiry for old
hard wheat of our last years crop, on
account of the wide discount at which
it is selling under the Manitoba
wheat. July is under the greatest
pressure, probably on account of the
approach of delivery day. New crop
months will probably appear cheap at
these prices before contracts are
filed.
Corn-The weekly weather report
was little more in favor in regard
to crop conditions in Illinois, and
Iowa and this, with the decline in
wheat, brought pressure in corn. Bids
to arrive were lower early and this,
with the decline in the July delivery,
checked fresh country selling on &C
count OF the decline in prices. Ex-
port business of late has been larger
than reported and cancellation OF
store stocks continues. The situa-
ton as regards old corn does not APP
pear weak, but with normal weather
conditions it will be difficult to hold
present values on deferred futures.
Oats-Commission house liquida-
lions of July oats brought sharp set
back in that delivery, while the lat
er months were steady on account of
buying by cash interests and chang.
ing over from July. Complaints are
being received as to the progress OF
the growing crop but very few, and
from present prices it is doubtful ii
decreases in values will be great
enough to warrant operations on the
short side.
Grain Review.
CHICAGO, June Rehabilitation
was general and bears were agrees
sive on the selling side in the wheat
pits today with the result that July
slumped to 1001s and September to
1888, about a cent below last nights
close for each.
Corn had an easy undertone on
around 74A and September around
;rh
Oats influenced by the wheat trend
dropped "A for July and " for Sep
TEMPER, after opening unchanged.
July ruled around 1915 and Septem-
Der around 3S5s.
Provisions were weak on a break
in the hog market.
Chicago Estimates for Tomorrow.
FURNISHED by Long Commission Co,
4o3 Main. Telephone No. 1901
Hogs, $4,000; cattle, 1000: sheep.
$4,000; wheat, SO; corn, 147; oats, 80.
Liverpool Close.
Wheat, unchanged; corn, Id higher.
cIearances..
Wheat and flour, $4,000; corn,
156 900; oats, 1,064 900.
Northwest Wheat Receipts.
Minneapolis, 272 cars; Duluth, 151
cars: Winnipeg, 633 cars.
Chicago Cash Grain.
CHICAGO, June 2S.-Wheat-No. 8
red, CSC.
No. yellow, 73@77Ac: NO. yellow
74075c; No. yellow, 72@73kc; NO.
white, 77@77hc; No. 8 white, 76A
ORC; No. 4 white, TAG; No. white.
IT2@741ac; No. 2 mixed, TIC; NO. .
mixed, 74c. !.
white, 3sA @38Ac; standard, 4oA %
41c.
ST. Louis Cash Grain.
Furnished by Long Commission Co..
4O3 Main Telephone No. 1901
ST. LOUIS, Mo-, June 2s-Wheat-
No. 2 red, new, $1.13; No. red, new,
$1.O3@1.10.
74Ac. .
No. 3 white, 401A 4113c; NO. 4 WHITE
S7@391Sc.
Kansas City Cash Grain.
| FURNISHED by Long Commission Co,
| 400 Main Telephone No. 100.1
KANSAS CITY, June 2S.-Wheat-
No. hard, 97c@$1o4; No. 8 hard
93c@s1O3; No. 4 hard, S7@96c; No
red. 95c@s1.01: No. 8 red, 91@sSc;
No. 4 red, S1@92c.
Corn-No. 2, 73c; No. 3, 72c; No. 4
| Tic: No. 2 yellow, 73s @74c; NO. J
yellow, 73@731sc; No. white; 72Sc;
No. 3 white, 72c.
! Oats-No. 2, S3A@34kc; No. 3. 81
@33c; No 2 white, 40041c; No.
white, 37@40c.