The daily Gate City and constitution-Democrat. (Keokuk, Iowa) 1916-1922, 1916-11-02
Late Market Quotations

Long Commission Go. Grain letter.
Furnished by Long Commission Co.,
403 Main st. Telephone No. 1901
CHICAGO, Nov. 2.-Wheat-The
tables were reversed today in wheat,
due to heavy absorption on the way
down by export interests and foreign
ers. There was also help on the bull
side from the Argentine where rains
were insufficient and from Australia,
where rust is said to be spreading.
Export sales the last four days have
been very large, and this mas counter
acted the bearish effect Of the diff
Guilty in securing insurance and the
general liquidation, which this situa-
ton has caused in the December de-
livery Northwest market and Winni-
peg which have been inclined to drag,
followed our advance today. The tech
nical condition of the market has been
much improved by the decline. On
moderate setbacks, therefore, from
this level, the buying side seems safer
Corn-Became oversold, local bears
pressing the selling side on weak op.
ening this morning. The market
quickly advanced cents when wheat
turned strong. Late repcIts indicate
that rains in the Argentine have been
insufficient. Export demand is said to
be showing some improvement. While
prevailing prices should not encourage
investment buying, it IS not to be ex-
pected that cereal prices will be very
low this year under prevailing worlds
conditions.
Oats--Oats followed the advance in.
other grains. Export demand IS OF
such proportions as to hold the mar
lot fy.,,, an hroo lyc 10
a large long interest which will prove
a serious handicap to bull operations
on bulges.
Grain Review.
UNITED Press Leased Wire Service]
CHICAGO. Nox. 2.-Wheat showed
a sharp recovery today after heavy
decline yesterday, due chiefly to
closing out sales. Buying again be-
came general when the market opened
at yesterdays prices and steady gains
were made despite reports of rain in
Argentine and Indications that some
! Australian wheat would be marketed
in the United States. December was
up over today's opening 27s at 1881 !;
May up 3ss at 1855 and July up. rs
at 149A.
Corn had q good recovery on gen.
eral commission house buying. Deem
Der up IN at S6A and May up 1 IS at
SS1s.
Oats were easy and failed to show
! the gains along with the other grains.
December was up Is at SAY and May
| up l at IS.
| Provisions were lower on a fair
amount of stop loss orders.
Chicago Estimates for Tomorrow.
| Furnished by Long Commission Co.,
400 Main. Telephone No. 1000
Hogs, $4,000; cattle, 5000; sheep,
5000; wheat, "a; corn, 80; oats, 172.
Liverpool Close.
Wheat, unchanged to l lower;
corn, unchanged.
Wheat and flour, $4,000; corn,
$4,000; cats, 1000.
Northwest Wheat Receipts.
Minneapolis, 500 cars; Duluth, A
cars; Winnipeg, 951 cars
Chicago Cash Grain.
CHICAGO, Nov. 2.-Wheat-No. 2
red, s1.S1@1.s21s: No. 3 red, s1.S0A;
No. 8 hard, s1.s2A@1-S5A; No. 3
spring, Sits.
Corn-No. 2 yellow, new, s104@
LOS; No. 3 yellow, new, $1.02@1.03;
No. 4 yellow, new, 9S1sc@s1.O1; No.
S yellow. new, $4,000; No. 6 yell
low, new, 94@941Ac; No. white,
new. s1.051s; No. white, new,
S1.02; No. 4 white, new. 99hc9s 10o;
No 5 white, new, 96c; No. 6 white,
new, 931zc: No. mixed, new, 95k @
96c.
Oats-No. 3 white, 52@53&c; No.
4 white, 51h@52Ac; standard. $50
$3.50.
St. Louis Cash Grain.
Furnished by Long Commission Co.,
400 Main. Telephone No. 1901
ST. LOUIS, Mo-. Nov. 2.-Wheat-
No red, new, s1.S5@1.S8; No. 3
red, new, S1.7S@1.S3; No. 2 hard,
old, $1.85@1.92k.
Corn-No. 2. s1.07@1o7h; No. 8
! yellow. s1.05@1.o9; No 2 white,
ES1.0sh.
standard. SIC; No. 8 white, 800
531sc; No. 4 white, 52@52kc.
Peoria Grain.
PEORIA, ILL.,, Nov. 2.-Corn-Mar.
ket unchanged. No. white, s1.O5%:
No. 4 white, new, 99hc; No. 6 white,
new, 94c; No. 3 yellow, $1O5A No.
8 yellow, new, $1.01; No. yellow,
9s1kc; No. yellow. s1.O4A; No. 6