The daily Gate City and constitution-Democrat. (Keokuk, Iowa) 1916-1922, 1916-07-29
Late Market Quotations
Long Commission Co. Stock Letter.
FURNISHED by Long Commission Co..

CHICAGO, July 29.-Wheat- Sell
ing OF wheat here and in the north.
west by one OF the largest interests in
the trade more than offset bullish crop
reports from the northwest wheat belt
and prices at the close tonight are at
fair losses from yesterday. The large
movement of wheat to primary points,
both in this country and Canada, tndi-
Gates no scarcity for the present OF
the cash article, and has been respon-
stble for large operations on the part
Of the bear element. The best infort
nation obtainable, however, leads to
the belief that the damage from
blight and rust In this country and
Canada, and the Indicated smaller
yields and the shortage of foreign
crops wal mean very much higher
prices In the future. Therefore, pur-
chases on any further break seem adj
yisable.
Corn-The general impression that
the long protracted hot spell has
reached its climax and that rains,
which have gradually been working in
the distressed corn belt affected the
corn market adversely and the result
was sharp break and a lower close.
1t is reasonable that the past ten days
intense heat throughout the corn belt,
which corn Is passing through the tas-
selling stage has damaged crops to a
greater or less extent. The market is
under the influence Of the weather
and 1t is therefore hard to say where
1t will 60.
Oats-Oats lost In values today
largely on account Of other grain
weaknesses. Fhe northwest admits
damage has been done by heat, and
the same Is also true in Illinois, where.
although the color Is good, the weight
is light. C1earanceS are large and
new export, business Is being done
daily.
Chicago Estimates for Tomorrow.
FURNISHED by Long Commission Co,
4O3 Main. Telephone No. 1901
Hogs, $1,000; $4,000 hogs all next
week; cattle $4,000; sheep. $4,000;
wheat. 141: corn. 2Os; oats. 40.
Liverpool Close. ssrF i
Wheat. unchanged; corn, unchang:
ed.
Wheat and flour, $4,000; corn, j.
600; oats. $4,000.
Northwest Wheat Receipts. 81
Minneapolis. 3o2 cars: Duluth ~
cars; Winnipeg. 760 cars. 8
Grain Review.
CHICAGO, July 29.-Favorable
weather reports from tho northwest
caused decline in wheat values to-
day. Early gains over yesterdays
close were offset by considerable sell
ing on the reports. July closed down
at. 1897; September down IN at
121, and December down I "a at 124 u.
Corn was irregular. Heat damage
to corn crops were responsible for
gains in July and September. July
closed up / at 83; September up "
at 7SH. and December down 68A.
Oats declined further on the weak
ness in wheat and the uncertainty IN.
corn. July oats closed down Is at Al
September down II at 41h: Decem-
Der unchanged at 1875.
Provisions ruled slightly higher.
Trade was quiet.
Daily Stock Letter.
NEW YORK, July 29.-New York
Evening Sun financial review today
said without the slightest semblance
Of life in the trading, the market
opened at irregular price changes
with the greater number of issues,
however, at small gains, as compared
with the closing of the preceding day.
They represented little beyond even
ing operations incident to the end OF
the week. There was no public in
terest in the trading and no indica-
ton of resumption In the immedi-
ate future OF active demand. 4
Trading in early part Of session
was made up chiefly OF the operations
in United States Steel, coppers, NUM-
ton shares and mercantile marine.
Chicago Cash Grain.
CHICAGO, July 29.-Wheat-No.
hard. $1.21A @1.23z; No. 3 spring.
$1.O6.
Corn-No. 2 yellow, S3k@84c; Nc.
8 yellow, s3@s3Ac; No. yellow.
So1A0s1c; No. yellow. TIC: No. s
yellow, 73@77c.
oats-No 8 white, 41@41kc;
standard. 41hQ42c.
Kansas City Cash Grain.
Furnished by Long Commission Co,
403 Main. Telephone No. 1901
KANSAS CITY, July 29.--Wheat-l
No. 2 hard, s1.17@1.21h; No. 3 hard. !
$1.1301.20; No. hard. $1.04@1.10;
No. 2 red, S1189125; No. 3 red,
s113@1.24; No. red. $1.O4@1.19.
Corn-No. 2, 79k@S01sc; No.
yellow, 79c; No. 2 white, 801zc: No. |
8 white, 79k@S0c.
Oats-No. 2, 39042c; No. 8, $50
Ale; No. 2 white 42043c; No. 3 white
41@42c.
St. Louis Cash Grain.
[ Furnished by Long Commission Co.,
403 Main. Telephone No. 1901
ST. LOUIS, Mo-, July 29-Wheat-
No. red, new, S1.29@I32; No. red, |
new, s1.21@1.27; No. 2 hard, old, |
s1.21@1.211.