The daily Gate City and constitution-Democrat. (Keokuk, Iowa) 1916-1922, 1916-11-17
Late Market Quotations

Late III
i Long Commission Co. Grain Letter.
\ Furnished by Long Commission Co.
i. CHICAGO. Nov. 17.-Wheat-The
disposition shown by the board OF
directors to protect the general in
terests of the t.ade, by taking steps
to relieve the present situation affect
Ing December delivery. has. no doubt
been somewhat of factor in the
especially wheat, which has been car
ried speculatively since September
should. as result Of December liqui.
dation, come into the possession of
merchandising interests. it will no
doubt be Merchandised rather
promptly and make healthier stu
alton in May delivery. The embargo
! talk on this side has apparently had
the effect upon European buyers of
showing them the advisability from
| their standpoint of giving more prom
1nence to bearish news, and the news
from abroad may be expected to show
bearish color until they have had
an opportunity to place on board
boats large Fart of their recent
purchases on this side. We do not
believe that fresh purchases Of wheat
would be especially advisable at this
ktime.
Corn-While we know that corn
cannot be talked down, and that she,,
selling is not likely to cause a break,
we are fully convinced that country
corn will break it and the market ac-
ss!.c2., relieving the nioTo liberal coun-
try offers of the last few days, con
firms us in this belief Husking is
not yet generally completed, but,
within ten days or two weeks, it will
have been completed and then the
voice of the shelter will be heard in
the land, and substantial farmers
who, in an ordinary year hold large
part of their surplus until summer or
fall, will be taking advantage of this
level of prices to reverse their gent
eral policy. and it is this class Of
producers who are the best money
makers.
Oats-There is good continual do
nestle and foreign demand for oats.
and the country movement is grow
ing lighter, as corn is given more at
tention. While we believe in the value
of oats, as compared with the prices
of other feed stuff, we are rather III
clined to await recessions before s,lg-
costing fresh purchases.
Grain Review.
UNITED Press Leased Wire Service
CHICAGO, Nov. 17.-Wheat was
down after lower opening today,
due to selling on reports that Grea.
Britain would he able to get almost
its entire wheat supply from Can
ada, Australia and India. December
was down Is at 1885; May down e
at 1S9, and July up 4 at 1854.
Corn opened easier. May and ] ~
fell of on commission house selling,
December unchanged at 951s; May
down Is at 967s. and Julv down
at 96A.
Oats were lower. December WIS
down y at STA and May down y
at 615s.
Provisions were sharply lower, pork
showing the greatest drop.
Chicago Estimates for Tomorrow.
Furnished by Long Commission Co..
4O3 Main. Telephone No. 350-351.l
Hogs. $4,000: cattle, 500; sheep,
5000; wheat. 46: corn, 2ss; oats. ia
Liverpool Close.
!, Wheat. unchanged. IN lower;
corn, 2 up.
cIearanees:
Wheat and flour, III, 200; corn,
$1,000; oats, $4,000.
Northwest Wheat Receipts.
Minneapolis, els cars: Duluth, 1856
rorc. Uyinnino0 TQ1 ocrc =
Chicago Cash Grain.
CHICAGO, Nov. 17.-Wheat-No. 3
red, $1.77@1.36; No. 2 hard. 1851;
No. hard, s1.S1h.
Corn-No. 2 yellow. s1.00@1.O4; No.
3 yellow, 981ac@$1.02; No. yellow,
No. 6 yellow, 944 @96c;
No. 6 yellow, CSC, No. 2 white, $500
$1.01; No. 8 white, 9Sc0s1.01; No. 4
white, 96k@9sc; No. b white. $40
csc; No. 2 mixed. $1.01@1.03; No.
mixed, 98c@S100hz; No. mixed,
96k@99c; No. 5 mixed, 95@96c.
Oats-No. 8 white, 56A @58Ac; No.
white, 56A057Ac: standard, SIN
@59c.
st. Louis Cash Grain.
{ Furnished by Long Commission Col
ST. LOUIS, MO-, NOV. 17.-Wheat-
No. red, new, $1.S8@1.91; No. 3
red, new, s1.82@1.84; No. hard, old,
$19OQ1.s2.
Corn-No. 2. ;1.ooh@1.o1; No. 8.
9skc; No. 3 yellow, $1.00@1.03; No.
3 white, $1.01.
Oats-No. 2, 5sk @59c; No. 3, SIC:
No white, 5sk@59c; standard,
591xc; No. white, 57A@5Sc.
Kansas City Cash Grain.
[ FURNISHED by Long Commission Col |
KANSAS CITY, Nov. 17.-Wheat-l
No. 2 hard, new, S1.84@1.8S; No. 3 |
hard, new, $1.SS01.s4; No. hard, |
new, S172@1SO; No. 2 red, new.
$1.83@1.85; No. red, new, $1.7S@ |
1874; No. red, new, $1.70@1.SI.
Corn-No. 2, 9s@9Shc; No. 3,
971sc; No. 4. exc; No. yellow, 99c;
q