The daily Gate City and constitution-Democrat. (Keokuk, Iowa) 1916-1922, 1916-05-10
Late Market Quotations
Long Commission co. Grain Letter.

Drouth affected territory In the hard
winter wheat belt received no relief
over night, contrary TO the weather
forecast. This brought rush OF
buying orders early and caused ad-
vance of IA to TX in the active de-
liveries. Crop damage reports were
plentiful during the early part OF the
session, but selling orders came in
volume and the market failed to hold
its early gain. Local sentiment Is
bullish, but outside trade is disap-
pointing, in view OF the bullish re-
ports that are being sent in from Ne
brasha and Kansas. No domestic
export business was reported, but
large quantities Of Manitoba are be-
ing taken. Bulling wheat on dry
weather at this time of year is a
risky undertaking. Profit talking on
the ;bulges is self evident.
Corn-Corn was heavy after firm
opening with the strength in wheat.
Around / cent under last nights
close there was buying against bids
and by one of the larger bull inter
ests. The Illinois state crop and
weekly weather reports was bearlsh.
Stating that weather during the past
week had been exceptionally favor
able for farm work and corn planting
was progressing rapidly, prospects Oe
heavy acreage and liberal country re-
serves of old corn discouraged bullish
sentiment
Oats-Oats were strong early on
account of the firmness in other mar
kets and later, because clearances
were over one million bushels for
the second time this week. There
was also the bull help of serious crop
damage reports from Oklahoma. AS
in corn the situation does not at
tract speculative buying on bulges.
Grain Review.
CHICAGO, May 10.-Sharp gains in
wheat featured the market today Dry
weather and hot winds over the south
west inspired investment buying. Of
ferings were light. May ruled at
1855; up LIS over yesterdays close.
July ruled around 117A and Sept.
around 1861.
Corn trade was dull and the mar
ket dropped after a slightly higher
start. May ruled ~ down from the
opening selling at 74A, July at 7414;
Is down and Sept. 1a down at 1915.
Strength in wheat and heavy ex-
port trade boosted oats. May ruled
around 47%. July at 4aA and Sept
at 40.
Provisions eased off after a firmer
opening.
Chicago Estimates for Tomorrow.
FURNISHED by Long Commission Co.,
403 Main. Telephone No. 1901
Hogs, $4,000; cattle. 1000; sheep,
10000; wheat, So; corn. 212; oats,
246
Liverpool Close.
Wheat, unchanged; corn, unchang-
ed to u up,
cIearances.
Wheat and flour 100000; corn,
1915, 900; oats, 100000.
Northwest Wheat Receipts.
Minneapolis, 200 cars; Duluth, IS
cars; Winnipeg, $50 cars.
Chicago Cash Grain.
, CHICAGO. May 1O.-Wheat-No. 3
red, s114k @1.16; No. 2 hard, s117h
OILS; No. hard, s1.10@1.15; No. 3
spring. SLIP.
Corn-No. yellow, 75A orr: No.
3 yellow, TN Q74Ac; No. 4 yellow
72073c; No. 5 yellow, 70Q71c; No. 6
yellow, 66@6sc. No. 2 white, 75sz a
76c; No. white, 73@74c; No. 4 white
72c; No. 6 white, 671sc; No. 2 mixed,
75k97sc; No. 8 mixed, 73@74c; No.
mixed. TIC; No. mixed, 70971c;
No. mixed, 6696Sc. s4,E
Oats-No. 8 white, 44A @46c; No
4 white, 425 @44c; standard, 1870
4SAc.
Kansas City Cash Grain.
Furnished by Long Commission Co.,
403 Main. Telephone No. 1901
KANSAS CITY, May 10.-Wheat--
s1.os@116; No hard. s10491.07k:
No. red, s1.094115; No 3 red, S1.05
@112; No. 4 red, 92c@s1.05.
Corn-No. 2, 70970kc; No. 3, zoe:
No. 2 yellow, 711a972Ac; No. vel
low, 70A 071c; No. white, 70@
70kc.
Ale; No. 2 white, 4sQ47c: No. 8
white, 45kc.
Peoria Grain.
PEORIA, Ill, May 10.--Corn-Mar-
ket unchanged, nc lower. No. white
73hc; No. yellow, 75c; No. gel.
low, 1914 974hc; No. 4 yellow, 73c;
No. yellow, soc; No. 8 mixed, 74c;
No. mixed, TIC; No. 6 mixed, 70hc.
Oats-Market nc higher. No. 3
white, 43A 943kc; No. white, 420
42Ac.
St. Louis Cash Grain.
Furnished by Long Commission Co.,
403 Main. Telephone No. 1901
ST. LOUIS, Mo-, May 10.-Wheat-
No. 2 red, new, s1.20@1.25; No. 3
red. new, s11301.18.
Corn-No. 2, 74k9 75c; No. 3,
731kc; No. yellow, 76c; No. 2 white,
75@76e; No. 3 white, 731ac; No. 4