The daily Gate City and constitution-Democrat. (Keokuk, Iowa) 1916-1922, 1916-10-30
Late Market Quotations


400 Main st. Telephone No. 1901
CHICAGO, Oct. 30.--Wheat-As us
ual wheat made a new high and held
the advance well up to midday. me
December delivery showed more
strength than the deferred months,
probably because foreign buying IN
the December has been so widely adj
vertised that the trade is combining It's
bear operations to the May and July.
News items in the afternoon papers
relative to war and peace matters had
only slight and temporary erect.
Argentine news is bullish and was
factor in the strength in our market.
The market is very difficult to gauge,
the local open interests hsving been
materially reduced. And the absorb
ton of the wheat that has been SOLD
out hard to trace. The rapid bulge 20
these high levels should at least sug-
gest caution On the part OF the buyer
The market should have some setback,
even though bullish conditions FREEDOM
mate.
CoSn-Corn acted heavy until the
Argentine cables, showing an advance
Of cents to II cents, reversed the
tables on the local bears. Cash corn
was easier today after the new hlgn
level of Saturday Country offerings
were not heavy and were mostly a.
limits above working basis. Con-
signments, however, are likely to IN.
crease considerably on the present
spot market so far above bids TO ar
rive. Moreover, there are increased
consignment notices. 1t is likely that
investors will find better spot on
which to buy corn.
Oats-The situation in oats was lit
tie changed. A good volume OF trade
continues and the strength in W1nnl-
peg is reflected in small way In our
market The visible supply. already
of record proportions, continues to IN.
crease, and unless cars can be tound
to move out :he accumulation, bulls
will have hard time to maintain the
present level of prices.
Grain Review.
UNITED Press Leased Wire Service
CHICAGO, Oct. 30.-Wheat mad"
gains today despite setback shortly
after the high opening, when longs
turned large quantities on the mar
ket Later gains were made on re-
ports of continued Argentine drought
ana GVlu6uCS VI SScii SlLy III NohAASSeA~
crops shown by exports which were
E.92S.OO bushels less than in the
corresponding week last year and re-
ports from northwest showing 1920
fewer carloads than last year. De-
cember up / point over today's open
ing at 1917; May UP Us at 1874.
At the opening December was up l Is
over Saturdays close. May was up
Il.
Corn was steady on heavy selling
and reports of good weather. De-
cember up y at SSH, May unchang-
ed, 90A.
Oats were lower on liberal sales.
December was down as at 55ss, and
May down " at 5SR.
Provisions were steady with
downward tendency.
December wheat reached the high
figure Of 1925 for brief period just
before noon today, exceeding all previ-
GUS prices in the present grain adj
vance. In few minutes the price
had dropped back to 1914.
Chicago Estimates for Tomorrow.
Furnished by Long Commission Co.,
4O3 Main. Telephone No. 1901
Hogs, $4,000; cattle, 10000 sheep,
rs, 900; wheat, 102; corn, 1913; oats,
$50.
Liverpool Close.
Wheat, unchanged, l. up; corn, "
to / up.
CIearances.
Wheat and flour, 10000; corn,
sc OGo. oats 327 900
Northwest Wheat Receipts.
Minneapolis. S1S cars; Duluth. 80
cars; Winnipeg, 1,260 cars.
Chicago Cash Grain.
CHICAGO, Oct. 30.-Wheat-No. 2
red, s1.s5k@1.Ss; No. 3 red, $1.s1 @
1881; No. hard, s1.92A; No. 3
hard. s1s6@1.e5; No. 8 spring, new,
s1.S8A @1.90A.
Corn-No. 2 yellow. s1.1o@1.11; No.
3 yellow, s1.06@1.101s; No. 4 yellow,
s1.O1h61.0S: No. yellow, $500
s1.os; No. 6 yellow. $1.o7k; No. 2