The daily Gate City and constitution-Democrat. (Keokuk, Iowa) 1916-1922, 1916-08-11

i
403 Main st. Telephone No. 1901
CHICAGO, Aug. 11.-Wheat-The
prospects OF small supplies OF wheat
throughout the coming year, following
/ the large crop Of the last two years
has resulted, according to the United
States government, in a readjustment
of values. The resulting advance in
prices and the corresponding increase
| in the cost OF flour has attracted the
attention of the entire world and re-
suited in considerable adverse criti-
cism by those not fully informed. I'm
der the circumstances, q pause in spec
ulation interests is not surprising. The
market is active within a narrow
range. Evidence is accENulating that
the Canadian crop is not only badly
hurt by blight and rust, but Is now
| in danger from damage from frost,
which has touched number OF points
Tightly the last two nights. The daa.
ger from this source is not yet over.
Investors should avoid buying on
bulges, but hold themselves in readi
ness to buy whenever prices are I'M
duly depressed.
Corn-There Is big contest on IN
corn between those who regard pres
emit prices too high for a crop OF 3.
SOC, 0O0, 900 and these who believe that
this is going to be a year OF scarcity
in all kinds of mill feed. The market
today is showing the effect Of good
rains received last night over rnu
principal corn belt, and the predic-
tions of rains tonight In southern Ne.
braska and Kansas. The character
of the buying on all breaks disposes
one to lean toward the bull side when
prices are depressed.
Oats-While oats sympathized with
corn, they did not fully follow the de-
cline. Fears Of frost in Canada were
the biggest bull factors. Much de-
ponds on the outcome Of the crop in
that country, but even If they escape
frost, there seems no good reason to
follow the selling side OF our market,
except on sharp bulges.
Grain Review.
CHICAGO, Aug. 11.-Reports from
abroad that the world wheat crop
isn't going to be so small as was pre-
dicted, caused further drop in wheat
prices today. September was down
III at 142A; December down IN
at 1861; May down Is at 1903.
Corn steadied on heavy buying
after declines on favorable weather
conditions in the corn belt had caused
an early drop. September was up
"a at 831a; December down y at
701a; May unchanged at 1874. !.
Oats had an easy market, general
selling forcing prices down further
with the exception Of May which
gained slightly on heavy buying or
ders. September was down Is at
1914; December down "a at 46A:
May up Il at so.
Provisions were steady.
Chicago Estimates for Tomorrow.
FURNISHED by Long Commission Co..
403 Main Telephone No. 1901
Hogs, 10000; cattle, 500; sheep,
1900; wheat, 261; corn, 11S; oats,
727.
Liverpool Close.
| Wheat, unchanged to / up; corn.
unchanged.
Wheat and flour, 1853, 900; corn,
Sc, 700; oats. $4,000.
Northwest Wheat Receipts.
Minneapolis, -137 cars; Duluth, 65
|, cars; Winnipeg, 435 cars
Chicago Cash Grain.
CHICAGO, Aug. 11.-Wheat-No 2
red, s1.46@1.46A; No. red, $l.43A
@145k; No. 2 hard, $1.43A @1.46;
No. 8 hard, s1.43@1.44.
Corn--No. 2 yellow, No. 3 yellow.
sec; No. 4 yellow, 83Ac; No. 5 vel
low, SIC; No. yellow, 77@79c; No.
2 white, 85A @S6Ac; No. white,
s5A @S6c; No. white, S4@84Ac;
No. 6 white, 7Sc; No. 2 mixed, seq
S6Ac; No. 3 mixed, 85k@S6c; No. 4
mixed, 84@84Ac; No. mixed, Sic:
No. 6 mixed, 79c.
Oats-No. white, 43@44Ac; No. 4
white, 42k@43Ac; standard, 1870
44ssc.
Kansas City Cash Grain.
Furnished by Long Commission Co.,
403 Main. Telephone No. 1901
KANSAS CITY, Aug. 11-Wheat-
No. 2 hard, s1.41a @1.45; No. 3 hard,
s1.3S@1.42; No hard, s130@141;
No. 2 red, s1.42@1.47; No. 3 red,
s1.3s@145; No. red, s1.3s@1.41.
Corn-No. 2, s3kc; No. 8, s2kc;
No. A, S1k@S2c: No. 2 yellow, 3514c;
No. 3 yellow, s2k@s3kc: No. yell
low, 81R @S22c; NO. white, SAC;
No. 3 white, s3c; No. white, SIG
&c.
Oats-No. 2, 44@46c; No. 8, 420
44c; No white, Acc; No. white,
44@45c; No. white, 41@43c.
Peoria Grain.
PEORIA, ILL.,, Aug. 11.-Corn-Mar-
ket nc lower. No. white, 77A@
roc; No. yellow, No. mixed, 851ac;
No. 3 yellow, S5c; No. 4 yellow, No.
mixed, SIC; No. yellow, 83c.
Oats-Market Nc lower. No. 2
white, 43Ac; No. 3 white, 421sc: No.
white, 41kc; standard, 43@43Ac.
St Louis Cash GRAIN
Furnished by Long Commission Co.,
400 Main. Telephone No. 1901
ST. LOUIS, Mo-, Aug. 11.-Wheat-
No. red. new, s1.480151. No. 3 red,
new, S1.43@1.48; No. hard, S1.435h