The daily Gate City and constitution-Democrat. (Keokuk, Iowa) 1916-1922, 1916-10-16
Late Market Quotations
Long Commission Co. Grain Letter.
| Furnished by Long Commission Co.

400 Main st. Telephone No. 1901
CHICAGO, Oct. 16.-Wheat-Scat-
tered holders have been the principal
sellers OF wheat today. while the buy
ing has been attributed largely to
shorts and to seaboard exporters. The
principal bull factors was official esti-
mate OF the Canadian crop at 159 mil
lion bushels, or considerably less than
half the final yield Of year ago. To
days selling was largely due to lack
of speculative interest and to reports
|of heavy accommodations at Buffalo. AS
a matter of fact, stocks Of both wheat
and corn at Buffalo have decreased
during the last week. the congestion
there being due largely to heavy
stocks Of oats. The shortage Of the
worlds supply Of wheat, while not be-
ing urgently felt at the moment, is
the factor Of first Importance and Will
eventually mean higher prices.
Corn-The December delivery rul-
ed strong, because Of demand from
exporters. The May delivery was cas-.
Ter, because large lines OF that future
were sold against purchases OF May
oats by traders who have had pro-
fttab1e spread. Three cars of new
white corn here today from the south
ern part OF the state graded No. and
sold at fancy price. The high prices
obtaining for corn are resulting In q
heavy marketing of hogs And will
probably eventually result in large
fall movement Of new corn. II, how.
ever, the present broad export demand
continues, there will be only temper
airy setbacks.
Oats-The spreading operations
v%on al oh -
May oats against sales OF December
relatively firmer than the December.
The primary movement continues
large and the heavy accumulations at
all markets. particularly at Chicago,
are drag on the future.
Grain Review.
UNITED Press Leased Wire Service.1
CHICAGO. Oct. 16.-Wheat opened
higher today because Of the reduced
receipts of that grain as compared
with this time last year and more
bad weather In Argentine. But the
gain over Saturdays close was al.
most entirely lost as selling increased
December was down IS at 1878; May
dawn e at 1878.
4 Corn regained steady throughout
the morning. December was unchang-
ed at 76N; May down ~ at TSA
Oats were down slightly on light
sales. December was down at 471k;
May down " at 81
Pork was sharply higher but other
provisions showed only slight gains.
Chicago Estimates for Tomorrow,
4 Furnished by Long Commission Co.,
403 Main. Tel phone No. 1901
Hogs, $1,000; cattle, 5000: sheep.
$4,000; wheat. 294: corn. las; oats,
7s4.
Liverpool Close.
Wheat, unchanged; corn. n lower.
ciearances.
Wheat and flour. $4,000; corn,
none; oats, $4,000.
Northwest Wheat Receipts.
Minneapolis, S54 cars; Duluth, 11S
cars: Winnipeg, 657 cars.
chicaao Cash Grain.
CHICAGO. Oct. 16.-Wheat-No. 2
red, s1.571k @1.59: No. red. $500
I57A; No. 2 hard, S1.60@1.62; No.
hard, s15501.60; No. spring.
$1.62.
Corn-No. yellow, soA @s1Ac;
No. yellow. Ssx@soAc; No. yell
low, SSN 08shc; No. 5 yellow, $50
ss1sc; No. 6 yellow, s60Ssc: No. 2
white, 9ON@ oslo, No. 3 white. $3.50
90c:: No. white, S91sc; No. 5 white.
$50; No. white. s71zc; No. 2 mixed
9009OAc; No. mixed. 89A @90c;
No. 4 mixed, SOC; No. mixed 81
@Ssc.
Oats-No. 3 white. 46@46Ac: No
white, ASK @46Ac; standard. 46A
@471sc-
St. Louis Cash Grain.
furnished by Long Commission Co.,
403 Main. Telephone No. 1901
ST. LOUIS, Mo-, Oct. 16.-Wheat-
No. red, new, s1.66; No. 8 red. new,
$1.5401.65; No. 2 hard, old. $1.61s@
1.67.
yellow, ss@881sc; No. 2 white. $50