The daily Gate City and constitution-Democrat. (Keokuk, Iowa) 1916-1922, 1916-05-15
Late Market Quotations
Long Commission Co, Grain Letter.

| ficIent to absorb the sales by longs
who We're disposed to take profits OF,
quite general rains in the southwest
and Nebraska. Prices early in the
session were higher and were the re.
suit of bullish crop reports issued by
local observers who are now in the
FIELDS. Primary movement keeps very
much larger than last year. Visible
supply reflected these heavy receipts
and Is not decreasing as fast as it
should this time OF the year. AL
though crop damage reports aresex.
aggerated in some instances, the out
look Is certainly not promising and
confirms the belief that the long side
OF wheat on the declines is best.
Corn-After an early bulge, as in
wheat, corn turned easy under scat
tered selling orders and pressure
from one or two larger local traders.
The demand for cash corn from COM
mercial service Is limited and western
consumers are making their purchases
at Kansas City and Omaha. AS a re-
suit Chicago stocks are showing an in
crease while western markets have
fair decreases. The situation seems
gradually to be working into weaker
position on the deferred deliveries,
despite the steady influences of the
long interests in the May.
Oats-The crop prospects is gener-
ally favorable and there is no ques-
ton but that supplies hack in both
the United States and Canada are
heavy. Export and domestic demands
are good but hardly sufficient to over
come the bearish feeling on the crops
prospects and the larger reserves.
Grain Review.
CHICAGO, May 15.-The wheat
market was down today, despite ac-
tivity OF bulls who rallied the market
after early declines with heavy buy
ing. A strong bear1sh movement and
favorable weather reports offset the
buying and prices continued TO drop.
May wheat was off Y at 1151s: July
down 7s at 1868; September down u
at 1863.
Corn developed firm UNDERGONE at
the opening, but weakened as large
offerings were thrown on the market.
May wheat was down 70 at TAN;
July down "a at IA; September down
ss at 70.
Oats, easy at the opening, was in
fuenced by the weakness in the other
cereals and May and July futures
were down. May was down rs at
1865; July down " at 42H; ,Septem-
Der was unchanged at 39A.
Provisions were higher because OF a
strong hog market.
Chicago Estimates for Tomorrow.
FURNISHED by Long Commission Co.,
403 Main. Telephone No. 1901
Hogs, 10000; cattle, 5000; sheep,
1 A
$40
Liverpool Close.
Wheat, steady, unchanged; corn,
strong, 1914 UP.
clearances.
Wheat and flour, 1,195,O00; corn,
$4,000; oats, 100000.
Northwest Wheat Receipts.
Minneapolis, 43S cars: Duluth, 33
cars; Winnipeg, 1919 cars.
Chicago Cash Grain.
CHICAGO, May 15.-Wheat-No. 3
red, s1.OS@1.16; No. 2 hard, si17A9
1.1s1a; No. 8 hard, $1.11Q116A.
Corn--No. 2 yellow, 75@76c: No. 3
yellow, 74k @75c; No. 4 yellow, 100
721ac; No. yellow, zoe: No. yell
low, 67@68c; No. 2 white, 1910
75Ac; No. 8 white, 73@74kc. No. a
white, 71k@72c; No. 6. white, $50
zoe; No. 2 mixed. 75@76c; No 3
mixed, 1874 @74Ac: No. 4 mixed. TIC;
No. 6 mixed. 66@70c.
Oats-No. white, 4311 @46c; No.
4 white, 42kQ44Ac; standard. 47ss
es1SAc.
Peoria Grain.
PEORIA. ILL.,, May 15.-Corn- Mar
ket unchanged, nc higher. No. 8
73hc; No yellow 721sc; No. 5
yellow, TIC; No 2 mixed, 74c; No. 4
mixed. 72h @73kc.
Oats-Market unchanged. No.
white, 43k@43sc.
Kansas City Cash Grain.
Furnished by Long Commission Co,
4O3 Main. Telephone No. 1901
KANSAS CITY, May 15.-Wheat-
No. hard. s1O9@1.13; No. hard,
$1OSk OILS: No. A hard, s1.O1 @1.07;
No 2 red. s1.15; No. red, $1.04k;
No red, 96c6s1.05.
Corn-No. 2. 709701sc; No. 3. 691a
@7Oc; No. 2 yellow, 7SAc; No. vel
low, TIC; No white, 71@1kc;
No white, 70k @70Ac.
Oats-No 2, 40@42c: No. 3, 500
41c; No. 2 white, 46@47c; No. white
44@46c.
st. Louis Cash Grain.
Furnished by Long Commission Co.
4O3 Main. Telephone No. 1901
ST. LOUIS, Mo-, May 15.-Wheat-
No. new. s11S@1.23; No. red,
new, s11561.19.
Corn-No. 2, 73@731ac; No. 3 yell
low, 74h 075c; No. white.74c No.
8 white, 721s @73c; No. A white, Tic.
Oats-No. 2, 43c:' No. 3, AIN @ 42c;
No white, 40@4011c:s standard.
45kc: No. white, 43h@45c; No. 4