The daily Gate City. [volume] (Keokuk, Iowa) 1855-1916, 1916-03-19
Late Market Quotations
Long Commission Co. Grain Letter.
FURNISHED by Long Commission Co.
| 4N3 Main. Telephone 100.

4
| FURNISHED by Long Commission Co.,
4e3 Main. Telephone 1901
CHICAGO, March 19.-Wheat-
There was wheat for sale all day by
tired longs, but shorts bought con-
siderable on the dips, enough to even
up over the week end and closing
prices were very little changed from
| the opening, which was a cent and
quarter below last nights closing hg-
ures. Local observers claim there
| was evidence Of foreign liquidation
and also foreign covering. Little was
heard of export business, but local
handlers found a little demand from
eastern seaboard. Clearances were
heavy and while primary receipts for
the week have totalled 1851, 900 ship
ments and have been $3.50 bushels.
There viii probably be little change
in the visible supply Monday. The
worlds primary arrivals were near
429 100000 as compared with 3S,0OO.-
600 year ago for the same period.
The trend OF the wheat market is I'M
der the influence of the worlds pOlitf-
cal influences and economic condi-
lions, SO that an individual opinion is
OF little value.
Corn-Corn closed at a decline of
about one cent bushel, Influenced by
a weak wheat market and lower
cables. Local receipts were only sew
enty cars and shipping sales totalled
125,000 bushels Cash prices were one
to one and one-haH lower with fu-
| lures. A further decline can be ex-
pected unless wheat reyerses its re-
| cent action.
Oats-Oats were steadier than 9TH
| er grains, due to fair domestic de-
mands and Indications of fair re-
/ duction In visible supplies Monday.
Primary receipts are still less than
primary shipments, while clearances
today were very light at 10000 bushels
| Weekly Grain Review.
| United Press Leased Wire Service.
CHICAGO. March 1S-The wheat
market continued shdding toward the
dollar mark today For the first time
since the initial war panic drop Of a
few cents would bring the grain back
to what many traders say Is the high
est natural price, 81 bushel.
Depressing cables, heavy receipts
and continuation Of the determined
bear raids, caused the slump. May
closed today at 1.o6A. 8 cents lower
than last Saturday, Ju1y's net loss
for the week was 33z. The close to-
day was .05h-
| Corn was not changed materially
throughout the week Bear influences,
however, caused a slight slump-1h
for May and ia for July near the
close. The market today closed at
TN for May, and 711s for July.
Oats. too, has ruled fairly firm.
May closed today at 4SE. a net gain
OF "a for the week, and July at 421a,
a loss OF "a for the week.
Provisions were lower on the slump
In hogs with the exception OF lard.
which closed today at $11.27. the same
as last weeks close.
Chicago Estimates for Monday.
Furnished by Long Commission Co.,
403 Main. Telephone No. 1901
Hogs, $4,000; cattle, $4,000; sheep.
1900; wheat, 172; corn, 20; oats, 81.
/ Liverpool Close.
Wheat, los lower; corn. z0s low
er.
ciearances-
Wheat and -four. 1,145,ooo: corn,
261 600; oats, 1900.
Northwest Wheat Receipts.
4 Minneapolis, 42S cars; Duluth, 81
cars: Winnipeg, 592 cars.
Kansas City Cash Grain.
Furnished by Long Commission Co.,
400 Main. Telephone No. 1901
KANSAS CITY, March 1s--Wheat
NO. 2 hard. s1.o3@1.07: No. hard
s1oo@1.o6; No. hard, 92@9Sc; No
3 red, s1.0241O9: No. red. s8c@
s1.os; No. 4 red, 9sc@$1-O1.
Corn-No. 2, 67@6ac; No. 8. SIC;
No. 2 yellow, 693ac; No. 8 yellow, 81
6ssc; No. white, 674 @6s1ac; No