The daily Gate City. [volume] (Keokuk, Iowa) 1855-1916, 1916-02-23
Late Market Quotations


Long Commission Co. Grain Letter.
CHICAGO, Feb -Wheat-Large,
receipts of wheat in the northwes
and declining prices In Liverpool ant
/ Winnipeg resulted in severe Hquida
ton In our market early today. May
wheat at the Opening sold at nearly
four cents under the close Monday
but at inside prices there was heavy
| buying by commission houses and b!
cash interests. The weakness in Win
nipeg yesterday resulted in heavy ex
| port sales OF Manitobas and also q
considerable quality of domestic wheal
has been worked. although up to the
| noon hour, no figures have been given
| out as to the volume of business done
Crop experts report an unpromising
winter wheat outlook in the south
west, due to poor seeding and severe
weather during the winter. The
Illinois state crop report, If confirmed
Will prove a sensation and very bull.
ish document.
Corn-Corn showed remarkable
strength in the face Of weakness oil
wheat and although the opening was
at moderate decline from Monday s
closing figures quickly rallied nearly
two cents. The cash situation was
less bearish. Local receipts less
than anticipated and some grades re-
ported as / to cents higher. The
lower grades lead the advance. Iowa
points reported farmers paying fancy
prices for good corn.
Oats-Oats broke early with wheat,
but rallied quickly on short covering
and some commission house buying.
Sample values were lower with re-
ceipts heavy.
Grain Review.
UNITED Press Leased Wire Service1
CHICAGO, Feb. 23.-Bearish cables,
heavy receipts and a renewal Of the
steady bear campaign shot wheat
down again today, though the market
displayed a rising tendency late in the
days trading. May, down rs at the
start, edged up fractionally until it
had gained 3s over the opening, ruling
at 122s. July opened 21a lower, but
gained IA later, selling at 1871.
Bull Argentine news overcame the
bear tendency in corn. After lower
opening, May shot up 1as to 77B and
July up l to TIN.
Oats were strong with corn, the
markets displaying the same ten
denotes. May was ~ UP at 46a
after opening u down. July was Is
up at AM.
Provisions were firm to slightly
higher.
Chicago Estimates for Tomorrow.
Furnished by Long Commission Co.,
403 Main. Telephone No. 1901
Hogs, $4,000: cattle, 5000; sheep.
$4,000: wheat, 5s7; corn. 514: oats,
361.
Liverpool close.
Wheat, 2@3 lower; corn, unchanged
to l lower.
CIearances.
Wheat and flour. 1885 900: corn,
100000; oats, $4,000.
Northwest Wheat Receipts.
Minneapolis, 946 cars: Duluth, 176
cars; Winnipeg, 1924 cars.
Chicago Cash Grain.
CHICAGO, Feb. 13-Wheat-No. 2
ed, s1.211a @1.231s; No. 8 red, s1.17h
Obj; No. 2 hard, s1.2Oh @1.23; No.
hard, s1.AoA @1.18&; No. spring,
s1.2O@122A.
Corn-No. 2 yellow, $50; No. 3 yell
ow, 74c; No. 4 yellow, 71@721ac; No.
yellow, 65@70c; No. 6 yellow, $50
SEC; No. white, 74c; No. white, |
Il II orc; No. white, 6S@70c; No.
white, 57Q62c; No. 2 mixed. 761aQ
Tic; No. 3 mixed, Tx @75c; No.
mixed. IN 0Io3ac; No. 5 mixed, ESQ /!
SOC; No. 6 mixed, 54W5ec.
Oats-No. 3 white, 44044hc: No. |
white d2N md0Ac. of Hs@
t6&c.
Kansas City Cash Grain.
Furnished by Long Commission Co., |
403 Main. Telephone No. 1901 |
KANSAS CITY, Feb. 23.-Wheat-i
No. 2 hard, s1.16: No. 8 hard, $1.1O0 |
LA; No. 4 hard. s1.05@1.O9; No. 2 |
'ed, s1.15@1.19; No. 3 red, Sill; No. |
red, s1O5.
.Corn-No. 2, 69@70c: No. 3. 500
'71ac; No. 4, .64@65c; No. 2 yellow,
'z0721Ac; No. 3 yellow, Tic; No. 2 |
white, 7OAc; No. white, CSC; No. |
white, 64@65c.
Oats-No 2, 45946c; No. 8, 400 |
l4c; No. white, 4S@49c; No. 3
white, 45c.
St. Louis Cash Grain.
Furnished by Long Commission Co.,
403 Main. Telephone No. 1901
ST. LOUIS, Mo-, Feb. 23.-Wheat-
10. 2 red, new, s1.20@1.231s: No. 3
ed, new. s1.16@1.19.
Corn-No. 2, 72@72kc; No. 3, 600
'0c; No. 3 yellow 73c.
Oats--No. 2, 441sc; No. 8, 1910
&c; No. 3 white, 441a @46c; No. 4
White. 4314 @44c.
Chicago Barley and Rye.
CHICAGO. Feb. 22-Rye-No. 2,
s@9S1ac.
BarIey-66670c
Omaha Butter Market.
United Press Leased Wire Service. ]
OMAHA, .Neb., Feb. 23.-Butter 20
o 32 cents.
Illinois Crop report.
Furnished by Long Commission Co.,
403 Main. Telephone No 1901
SPRINGFIELD, ILL.,, Feb. 23.-The ,
IinoiS state crop report shows 20