The daily Gate City and constitution-Democrat. (Keokuk, Iowa) 1916-1922, 1916-08-12
Late Market Quotations
Long connmission co. Grain Letter.
FURNISHED by Long Commission Co..
4(13 Main ST Te1anhnno No 100 y

4 =
! CHICAGO, I'LL, Aug. 1.-THE fast
advance in wheat prices has checked
speculative interests inadequate. and
today fresh business was limited.
There was however, enough demand
to absorb the surplus and hold the
market steady after an early dip. It
IS gradually becoming an accepted
fact that the wheat prospect in this
country and In Canada warrants pres
emit price levels. Reports today are
OF bullish character, additional dam
age being done by low temperatures
in Canada. Millers are good buyers
OF wheat In all markets, and exporters
are bidding the highest premiums on
the crop for hard winters at the gulf.
The Illinois state report shows that
total production in the state for this
year Is equal to about half Of the food
and seed requirements. Flour is adj
vancing out Of all proportion to wheat,
and resulting criticism has temper
arfly checked advances in the latter.
Higher levels are indicated.
Corn-Except for q brief period
early corn bulls had all the better Of
today's market. Closing prices were
around the best Of the day and al
though number Of short lines were
bought in and heavy sales for profits
were made on the advance. The bears
are selling entirely On account Of the
price, which seems high to them. The
buying is of good character, anu is ha.-
ed on the belief that the crop will be
only moderate and that all kinds OF
manufactured feeds will be high
throughout the coming year.
Oats-The action OF the Winnipeg
market, which failed to respond to re-
ports Of frost, was disappointing to
the bulls. Our market sympathized
moderately with corn, however. and
closed at small gains. Heavy receipts
are also holding the market in check.
The price is relatively low and on
good breaks the buying side appears
advisable.
Provisions-The expectation Of a
heavy run of hogs next week AMI the
weakness In the market at local yards
brought considerable selling of pro-
duct: The buying lacks aggressive
ness. although packers were given
credit for supporting orders. 1t is
undoubtedly packers market and as
such. will be hard to gauge. AS the
control Of the cash article is concen-
trated and manufactures are long fu-
lures. short interests is thought to ex-
LIST in pork Buying on good breaks is
the safer course.
Grain Review.
CHICAGO, Aug. 12.-Reports Of
frost damage to the Canadian north
west crops. rallied the wheat market
,, today. Lower prices were posted at
the opening on light buying. At the
close September wheat was I'D " at
143; December unchanged at 146;
May up q at 1904.
| Corn developed a firm undertone
after an easy opening and sold up .
cent on a dip in the market Sep
TENDER was up 1 at "a; December up
Ia at TN; May up rs at 751s.
J Oats were influenced by the
strength in the other grains and
prices rose. September was up "a at
43&; December up u at Al; May up
| n at 5Oh.
Provisions were steady in sym
pathy with a slow hog market
Chicago Estlmates for Tomorrow.
| FURNISHED by Long Commission Co.,
403 Main. Telephone No. 1901
Hogs, 10000; cattle. $4,000; sheep,
J 10000; wheat, $40: corn, 100; oats,
I $50.
Liverpool Close.
Wheat, unchanged; corn. unchang-
ed.
ciearances.
Wheat and flour, 1,216,000; corn,
10000; oats. $4,000.
Northwest Wheat Receipts.
| Minneapolis, 254 cars; Duluth, SIS
cars; Winnipeg, 551 cars.
Chicago Cash Grain,
CHICAGO, Aug. 12.-Wheat-No. 2
red, S1.45A 01.45A; No. 3 red,
81 43h; No. 2 hard, $1.40B 01.40%;
No. 3 hard, $1.43@1.45.
Corn-No. 2 yellow. s7Ac; No. 6
yellow, TIC; No. . white, S7@87Ac;
! No. s mixed, TIC; No. 2 mixed, SIC;
No. 5 mixed, Sic.
| Oats-No. 3 white, 43@44c; No
white, 43043Ac; standard, 1910
43N.
st. Louis Cash Grain.
Furnished by Long Commission Co.,
403 Main. Telephone No. 1901
ST. LOUIS, Mo-, Aug. 12.-Wheat-
No. red, new. s1.4S@151; No. 3
red, new, s1.4601.4S; No. 2 hard,
| $1.44@1.45.
Corn-No. 2. s7@s7Ac; No. 8,
86hc; No. 3 yellow, S8c; No. 2 white,
| SIC; No. white, S5c.
Oats-No. 2, 42Ac; No. 8, 410
411sc; No. white, 43A @44c; stand
ard, 431a@44c; No. white, 431ac;
No. 4 white, 421ac.
Kansas City Cash Grain.
Furnished by Long Commission Co.,
403 Main. Telephone No. 1901
KANSAS CITY, Aug. 12-Wheat-
No. 2 hard, s1.40@144; No. hard,
s1.36k@1.44; No. 4 hard, 1880
LAO; No. red, s1.41@1 At; No. 3
red, s1.401a; No. red, s140
Corn-No. 2, 83A @84c; No. 3, $50
s3kc; No. 4. s20s3c; No. yellow,
85@S5kc; No. yellow, S3@s4sc;