The daily Gate City and constitution-Democrat. (Keokuk, Iowa) 1916-1922, 1916-10-21
Late Market Quotation

Long Commission Co. Grain Letter.
| Furnished by Long Commission Co.
403 Main. Telephone No. 100.
| CHICAGO. Get 1.-Wheat-Wheat
showed unexpected strength today
due to the reinstatement Of long
lines sold recently and buying by ex
porters against sales made today OF
within the last week. The general
expectation was for lower prices, and
a good sized volume Of short selling
occurred early AS a consequence
| there was little wheat for sale when
the market turned strong and the
close was the highest on the crop
While private reports claimed rain In
the Argentine, the grain markets OF
that country were sharply higher.
The anxiety OF foreign consumers to
prepare against emergencies continue
to be the feature and, SO long as
their anxiety Tests, only minor breaks
will occur.
Corn-The corn market was easier
early. but the absorption OF Offer
ings OF both cash corn and future
deliveries was liberal and prices,
therefore, reacted sharply. There
AAAAAAssA
points available for eastern I'D ex.
port sales and although interior
stocks are said to be large, arrivals
continue light and hardly equal to
local requirements. Huskfng returns.
outside Of few points in Iowa, are
disappointing. While it does not seem
advisable to invest in corn at these
levels. trading operations on the long
side on breahs are suggested on &C
count Of the strength in the cash
situation.
Oats Strength in Winnipeg and a
good shipping demand here were
factors in higher oat market May
oats are receiving more attention
from the speculative trade, which re-
CARDS the price too low in compari-
son with othor grains.
Grain Review.
UNITED Press Leased Wire Service.
/ CHICAGO, Oct. 21.-Week end
realizing caused a temporary decline
in wheat after an opening somewhat
higher than yesterdays close. Short
~ after the opening the high price OF
the day. 170N for both December
and May was reached and decline
below yesterdays close followed as
spectators sold freely. At today's
close good buying and smaller offer
ings had sent December back to the
opening price at 170Z and May up
t1M at 17OB.
Corn showed wide fluctuations on
, uncertain reports of crop conditions.
Week end profit taking tended to de.
press prices for a time. Low for the
morning was Ss.h for December. De
cember closed up 2 at IS and May
up IN at 87h.
| Oats had a slight gain on light
buying. December closed up - at
50A aud May up Is at 54s5.
Provisions showed sharp advances
especially in pork.
| Chicago Estimates for Tomorrow.
! Furnished by Long Commission Co.,
4O3 Main, Telephone No. 1901
| Hogs. 10000. $780, 900 all next week;
cattle, $4,000; sheep. $1,000; wheat,
90: corn. 81; oats, s07.
Liverpool Close.
Wheat. unchanged: corn, 1hQ21
up.
Wheat and flour, $4,000; corn. l..
OOO; OATS, ISS,VVV.
Northwest Wheat Receipts.
| Minneapolis, 3S5 cars; Duluth, 100
cars; Winnipeg, 694 cars.
| Chicago Cash Grain.
] CHICAGO, Get. 21.-Wheat-No.
red, $1.67A @170; No. 3 red. $1.67;
No. 2 hard, $1.71N@1.76ss.
Corn-No. 2 yellow. 9S@99c; No. 3
yellow, 97@9sc; No. 5 yellow. 960
| s7c: No. yellow, 96c: No. 2 white.
971h0981kc; No. white, 97@98kc;
No. 2 mixed, si@9sc; No. 8 mixed.
96@e8c: No. mixed, 9613c; No. 8
mixed. 96Jhc; No mixed, sec.
Oats-No. 3 white. 4s@4sc; No. 4
white, 4sAc; standard. 49H@49Ac
Kansas City Cash Grain.
Furnished by Long Commission Co.,
400 Main Telephone No. 1901
| KANSAS CITY, Oct. 21.-Wheat--
No. hard, old, $1.66h OLA; No.
hard, old. $1.65@167; No. ! hard,
old, 31.6301.6t. No. red. ole, u:65
01.70; No. 8 red, old, $1.5901.Ss;
| No. 4 red, old, $3.50 1.66.
Corn-No. 2. sic; No. 8. 9OQSlc;
No. 4. S8Q9Oc; No. yellow, $50
csc; No. 3 yellow. s2h 04Ac; NO,
4 yellow, 91@93Ac; No. 2 white, 81
@92hc; No. s white, 90092c; No. 4
white, $4,000.
Oats-No. 2, 48@4Shc; No. 8. no
4shc; No. white, 49hc: No.
white. 4sA@49c; No. I white. 40
4Sc.
| st, Louis Cash Grain.
Furnished by Long Commission Co.
| 403 Main Telephone No lO0.1
| ST. LOUIS, Mo-, Oct. 21.-Wheat-
No. 2 red, new, s1.80; No. red, nov,
S1.600169; No. hard, old, $!.H.
| Corn-No. 2, $1-O0 asked; NO. q
| yellow, $1.00; No. z white, WV