The daily Gate City and constitution-Democrat. (Keokuk, Iowa) 1916-1922, 1916-05-02
Late Market Quotations
Long Commission Co, Grain Letter.
FURNISHED by Long Commission Co.,

| fOO 1OA0PhOA0 w. 1VVl II
| CHICAGO, May 2.-Wheat-Bears
had the advantage today, being helped
| in their operations by weak stock
market and easier northwestern mar
kets. By noon, most Of the advance
of yesterday was lost, and May, which
had sold even with the July early, was
again selling at about / cent discount.
The bullish features was neglected or
had no effect. Green bugs were re-
ported as beginning active demonstra-
tions In Oklahoma and southern Kan
sas. The worlds available supply
showed sharp decrease and q local
Statisttcian issued bull1sh report on
the growing crop. This report raised
the abandoned acreage to 1873 per
cent for winter wheat and estimated
the acreage of spring wheat 1t IL per
cent less than last year. Lack OF buy
Ing support was probably due, more
than anything else, to the uncertainty
of the political situation.
Corn-One OF the largest holders
was a free seller OF corn early and
thereafter the market was checked by
the easiness Of wheat. The bullish
factor today was q decrease OF nearly
2, 5000,,oO bushel In the available sup
ply, leaving the total, slightly undcr
, that of year ago at this time.
Oats-Oats were In better demand
than other grains. The May delivery
holding firm at an average above last
nights close. While the long interest
| in May has been changed over to the
July in large part, cash interests and
houses which generally act for the sea-
board, have generally absorbed the
May. Country offerings are not heavy
and are not likely to be at existing
price levels, although farm reserves
I of oats are unusually heavy.
Grain Review.
! CHICAGO, May 2.-An easy under
! tone In the wheat market caused a
/ decided drop in ali futures today.
Heavy selling on the bulge weakened
/ the market after an early opening up.
/ There appears to be more or less
realizing, while not enough fresh buy
ing came into the pit to sustain
values. May wheat was down rs at
t1153s; July down / g at 1853; Sep
| TENDER down 2 at 115A.
Corn displayed a firmer undertone
with the result that there was but
small decrease. May corn was down
1 y at II: July down IS at 76A, and
September down ss at 761a.
| Oats were fairly steady despite slow
buying at the start which caused
drops. Of u to II. The market braced
towards noon and May was up Il at
46; July down Y at 43A; September
down n at 39Z.
Provisions were lower because Of =
weak hog market.
Chicago Estimates for Tomorrow.
r f1l al hvv 7 &C. cd IN
4O3 Nsain. Telephone No. 100.1
Hogs. $4,000; cattle, 10000: sheep.
10000; wheat, 123; corn. 23S: oats.
1911.
Liverpool Close
Wheat, "a lower to Q higher; corn,
unchanged to " higher.
CIearances.
| Wheat and flour, $4,000; corn. a.
900; oats. 634, 600.
Northwest Wheat Receipts.
Minneapolis. 1913 cars; Duluth, 81
cars; Winnipeg, 1,127 cars.
Chicago Cash Grain.
| CHICAGO, May 2.-Wheat-No- 8
red, s1.17; No. spring. $117@118A.
Corn-No. 2 yellow, 7sA @79c; No.
3 yellow, 76077Ac;< No. 4 yellow,
75c; No. 6 yellow, 70074c; No. 2
white, 78A @781sc; No 8 white, 100
76Zc; No. 4 white, 74k@75Ac; No.
5 white, 74k@75Ac; No. 6 white, 70
| @70hc; No 2 mixed, TIN 1781zc;
No. 3 mixed, 76@761sc; No. mixed,
l741a @75c; No. 5 mixed 71974c; No.
| 6 mixed, 65@71c.
Oats-No. white, 44k@45Ac; No.
"A white, 44@441sc; standard, 47c-
kansas City Cash Grain.
Furnished by Long Commission Co.,
F. 400 Main. Telephone No. 1907
| KANSAS CITY, May 2.-Wheat--
No. 2 hard, S1.O901.16; No. 8 hard,
s1.06k@l12h; No. hard, SOLO
1.o8; No. red, s1.14@.117; No. red.
s114; No. red, 97c@$105.
! Corn-No. 2, 71hc; No. 3, 71@
INC; No. 4, 70A @71c; No. yellow,
i72%c; No. yellow, 72Ac; No. 2
white, 721kc; No white, TIC.
Oats-No. 2, z0@41c; No. 8, 36@
39c; No. white, 43h944c; No. 3
white, 41@43c.
| Peoria Grain.
/ PEORIA, H., May 2.-Corn-Mar-
ket unchanged, &c higher. No 2
white, 75sz @76kc; No. 3 white, 75c;
NO. z yellow, 76Ac; No. 3 yellow, rs
I @75hc; No 4 yellow, 73h@74c; No.
| 5 Yellow, TIC; No. 3 mixed, 75c; No.
mixed. 74c.
| Oats-Market Nc higher. No.
white, 43kc.
St. Louis Cash Grain.
Furnished by Long Commission Co.,
403 Main. Telephone No. 1901
ST. LOUIS, Mo-, May 2.-Wheat-
No. 2 red, new, s1.21@1.22; No. red.
new. S1.160120; No. 2 hard, old,
S1.15.
Corn-No. 3 yellow. 74A @75hc;
No. white. 7515076c; No. white,
7415c; No. 4 white, 74c.
Oats--No. 2, 43Ac; No. 8, 400
42kc; No. 2 white AN @451ac; No.
9 white, 42a4 @43c.