The daily Gate City and constitution-Democrat. (Keokuk, Iowa) 1916-1922, 1916-09-18
Late Market Quotations
Long Commission Co. Grain Letter.
FURNISHED by Long Commission Co,

OtICAGO, oopI. lo.-WA CdS
Wheat was heavy during the morning
and at midday was around inside fig
ures, due to further selling by longs
and heavy bear pressure from locals
lon an Indicated increase In the visible
lsupply. The statement OF stocks In
sight. issued at noon, showed an In
crease of 1,480.0OO bushels for last
week and total OF 95, 100000 bushels.
When analysed, this statement is dis
tinctly bullish Buffalo and sea
board ports have increased about q
/ 100000 bushels and there is now To-
Icated at seaboard and gulf ports over
16,000,0OO bushels or about thirty
per cent Of the total visible. De
Icreases occurred at Chicago, Mime
apolis, Kansas City, Omaha and st.
Louis, points nearest the wheat fields.
A situation like this, occurring at this
season, should encourage investment
buying of wheat.
Contemporaries over the corn
belt Saturday and Sunday night were
low enough to do considerable dam
i age and to create aneasiness on the
i part of local shorts. The market. con-
seQuently, ruled strong at a level
above Saturdays close. Cash corn
was higher with the futures. The
/ principal reason for selling corn is
the price which is relatively not high.
in view of the size of the crop and
the level Of the other commodities.
! Oats-Knother large increase in
the visible supply did not depress the
market materially, although the trade
was prepared for a severe break on
account of local bearishness In wheat.
It is probably going to be tiresome for
the bulls on oats to hold long commit
ments, but cash demand is such that
prices should gradually work higher.
Grain Review.
| UNITED Press Leased Wire Service
| CHICAGO, Sept. 1S.-Firm prices
for wheat in Liverpool together with
the big decrease in supplies in pas
sage acted to keep prices down to-
day. September was 1N below open
ing at 147N. December down Ia at
lat, and May down at LAB. The
opening was high, but todays losses
brought the mark below Saturdays
close.
I More frosts shown over the corn
belt caused some commission house
buying. Prices remained firm with
September down Il at S6A; Decem.
Der up 1s at 72h. and May up n at
! 76.
Oats showed no change except
May down rs at 50h.
Provisions ruled moderately active
with little change.
Chicago Estimates for Tomorrow.
FURNISHED by Long Commission Co.,
/ 403 Main. Telephone No. 1901
Hogs, $4,000; cattle. 5000; sheep.
$4,000; wheat, 212; corn, 551; oats,
1 Ais.
Liverpool Close.
/ Wheat. unchanged. l lower; corn,
unchanged, V up.
1 Clearanees.
| Wheat and flour, 100000; corn.
10000; oats, $4,000.
Northwest Wheat Receipts.
Minneapolis, SAG cars; Duluth, 1873
! cars; Winnipeg, 460 cars.
Chicago Cash Grain.
I CHICAGO, Sept. 1s.-Wheat-No. 3
red. s1.43A @1.47A; No. hard.
$14Sk @1.51A; No. 8 hard, $1-48Q
l1.49; No. 3 spring, $1.47.
Corn-No. 2 yellow, 87@87kc; No.
/ @s4c; No. S yellow, 7sh@soc; No.
s yellow, 76@7Sc; No. white, 87h
@S71ac; No. !: white, S5h0s6Ac;
No. white, S2@83c No. 5 white. 10
! @79hc; No. white, 77@79c; No. 2
mixed, 86A @s7c; No. 3 mixed, 34hc;
No. A mixed, S2@S3c; No. 5 mixed.
1914 @7sc; No. 6 mixed, 75@79c.
Oats-No 3 white, 45@45Ac; No.
4 white. 44h@45c; standard. $40
46Ac.
| st. Louis Cash Grain.
| Furnished by Long Commission Co.,
403 Main. Telephone No. 100 z
! ST. LOUIS, Mo-, Sept. 1S.-Wheat
NO red, new. $1.54k@1.62N; No.
g red, new, s1.48@1.49; No. 2 hard,
old. s1.56R 91.61.
Corn-No. ., 83k@s4c; No. 3, $50
l83hc; No. white, s6@S6hc; No. 8
white, SAC.
Oats-No. 2, 441s@45c; No. 3. 44c;
No. 2 white, 45hc; standard. ASH q
455ac; No. 3 wLite, 45045Ac; No. 4
white, 44isc.
Kansas City Cash Grain.
| Furnished by Long Commission Co.,
400 Main. Telephone No. 1901
| KANSAS CITY, Sept. 18.-Wheat-
No. hard, s149@ 1855; No. hard,
Is1.45@1.51; No. hard, s1.38 01-46;
No. 2 red, s15l@1.55; No. 8 red, s1.42
@1.53; No red. S1.30@1.36.
/ Corn-No. 2, S2k@S4c: No. 8, BIN
@s3c; No. 4, So@81Mc; No. 2 yellow.
I83&@s4kc; No. 8 yellow. 821k084c;
lNo. 4 yellow, Sj@S2kc; No 2 white,
l840S5c; No. 3 white, S3@84kc; No.
4 white, S1k@S3c.
Oats-No. 2, 51s@47hc; No. 3, A
I@46c; No. white, 461kc; No. 3 white
451zc; No. white, 44@45c.