The daily Gate City and constitution-Democrat. (Keokuk, Iowa) 1916-1922, 1916-07-20
Late Market Quotations
Long Commission Co. Grain Letter.


CHICAGO. July 20.-Wheat - The
positive confirmation of damage tc
wheat in the northwest from black
rust had an effect on wheat marl-e,
values today and prices advanced
steadily until at the noon hour the
market was over cents higher thar
last nights close. While the trade is
paying its entire attention to the north
west, it is notable that wheat N al
markets is beginning to strengthen
and cash prices are higher and at good
premiums. No. red in ST. Louis to
day vas reported as selling at $1.2s
per bushel. Government crop repre-
sentatives are probably collecting
their figures now and will be doing
SO for the next week, in preparation
for the government report of August
1. Coming at this time, these figures
will probably show material de-
crease in the prospects in the spring
wheat territory. Foreign crop reports
are bullish and the demand for our
surplus wheat will be so large that
high level Of values will probably
be seen throughout the year.
Corn-Corn was depressed early
by a liberal rainfall in the section OF
the southwest that has been complain
ing. The new crop month was the
only one affected The July and Sep
TENDER were steady to strong. There
was export inquiry In the market,
but eastern interests were paying
better prices for domestic purposes.
Except on sharp bulges. it does not
seem advisable to sell the new crop
month, as the situation indicates no
weakness in the old corn.
Oats-Oats were inactive and low
er early and most Of the forenoon
commission houses were free sellers
early and there was not enough de-
mand from cash houses to hold the
market at any material advance over
last nights close. Sentiment is
bearish. generally, and the market at
the moment seems to be oversold.
Grain Review.
CHICAGO, July 20.-Reports OF
and the heavy wind and rain storm
over Iowa were responsible for boosts
of more than two cents in wheat
values today. July wheat was up
PA at l13A; September up PA at
lis, and December up rs, at 117A.,
Corn opened easier, but rallied on
the strength of the wheat market.
July was up 1a at 1914: September
up Is at 1875; December up II at
CAS-.
Oats made gains also on the
of the other grains. July,
and December were up II
at 401a, 4O1z and 1925, respectively.
Provisions were lower on weak hog
market.
Chicago Estimates for Tomorrow.
Furnished by Long Commission Co.,
403 Main. Telephone No. 1901
Hogs, $4,000; cattle, $500; sheen,
5000; wheat, 1872; corn, 34S; oats,
169.
Liverpool Close.
Wheat, rs lower; corn. unchanged.
CIearanees.
Wheat and flour, 669 900; corn,
5000; oats, $4,000.
Northwest Wheat Receipts.
Minneapolis, .203 cars; Duluth. 13s
cars; Winnipeg, GIL cars.
Chicago Cash Grain.
CHICAGO, July 20.-Wheat-No. 2
red, s1.2O; No. 2 hard, s1.15h; No. 3
hard, s1.12a: No. 8 spring, $1.09.
Corn-No. 2 yellow, SIX @811sc;
No. 8 yellow, 81@S1Ac; No. yellow,
79c; No. yellow, TIC; No. white,
81@81Ac: No. 3 white, A@81Ac;
No. white, sou @S1Ac; No. white
7O@75c; No. 2 mixed, S1@81Ac; No.
8 mixed, S0a4 oslo; No. mixed, 70
@72c.
Oats-No. 8 white, 4oA @41Ac; No.
4 white, 39AQ40Ac; standard, 400
42Ac.
st. Louis Cash Grain.
FURNISHED by Long Commission Co.,
403 Main. Telephone No. 1901
ST. LOUIS, Mo-, July 20-Wheat-
No. 2 red, new, s122@1.2s; No. 3 red,
new, $1.2O@1.24 No. 2 hard, $1.17@
118.
Corn-No. 2, sOk@S1c; No. 8. 500
No. 2 white, sic.
Oats-No. 2, 40c; No. g, CSC No. 3
white, 41@41kc No. 4 white, 4Oc.
Kansas City Cash Grain.
[ Furnished by Long Commission Co.,
400 Main. Telephone No. 1901
KANSAS CITY, July 20.-Wheat-
No. 2 hard, s1.0Sk OLA; No. hard,
$1.06@1.12; No. hard, S1.04@1.07;
No. 2 red, S1.1301.21; No. 8 red, S1.1e
@117k; No. red, S105 @1.12.
Corn-No. 2, 7S@78kc; No. 3, 78c;
No. 4, 771ac; No. yellow, soc; No.
8 yellow, 7ShQ79c; No. white, 80
08Okc; No. 8 white, SOC.
Oats-No. 2, 39@39kc No. 3, SOC;
No white 42043c: No, 8 white
41kc.
Peoria Grain.
PEORIA, H., July 20.-Corn-Mar-