The daily Gate City and constitution-Democrat. (Keokuk, Iowa) 1916-1922, 1916-11-13
Late Market Quotations

! Long Commission Co. Grain Letter.
/. FURNISHED by Long Commission Co.,
| CHICAGO, Nov. ia general
speculative trade in wheat is natural
| ly restricted at this level OF prices,
and commission houses quite general
ly are inclined to discourage such
trade. A large export business con-
tinues to be reported from day to day,
but clearances are relatively small.
Undoubtedly. considerable wheat has
been engaged for export, but what
the total is can only be- determined by
the British commission, which natur-
ally would give out no figures. The
visible supply this week shows an
other good increase land stocks in
sight are large, when the level OF
prices IS considered. Speculation In
wheat. aside from a purely trading
position, should not be INDUCED in
generally, at this level.
Corn-Unprecedente levels are
shown today for corn, before the crop
has lad chance to move; and 1t
would be unreasonable to expect a
maintenance Of the present level
through such movement as the rail
roads will be compelled to handle dur
ing the next sixty days. Ddscour-
aged or weak shorts have been the
best buyers. Speculative short sell
ing Of corn is not likely to break
prices, but, as the demand for corn at
this level will be naturally curtailed,
good movement Of corn is likely to
have the desired effect, in spite OF
statements that large amounts of corn
are being worked for export.
Oats-With cash oats selling fifty
cents per bushel, under the price Of
cash corn, oats appear to be the
cheapest OF all grains, in spite OF the
large and steadily increasing visible
supply While the quantity OF oats
stored for shipment can not be def
nitely determined. it is known to be
large We believe the movement OF
oats, which has been liberal all fall
will soon give place to a heavier
movement of corn.
VIZ Grain Review.
limited Press Leased Wire Service.]
CHICAGO@ Nov. 13.-Wheat opened
higher when. foreign adv1ces that bad
seeding weather existed in Europe
caused a rush to buy. Profit taking,
sales caused some Of the advance TO
be lost later. December was down
q under today's opening at 1907;
May down * at 1947; July up "
at 1904.
Corn made new high records be-
cause of a rush to buy on reports
of snow through the corn belt, which
will delay marketing. Later realizing
sales checked the advance. May was
UP to 991s, new high record this
season. December was up at SO;
May up 4 at 80
Oats were firm. December was up
q at 58A; May up u at 62A.
Provisions were steady with
downward tendency.
Chicago Estimates for Tomorrow.
FURNISHED by Long Commission Co.,
400 Main. Telephone No. 350-351.
Hogs. $4,000; cattle, 1900; sheep,
80 600; wheat, 1903; corn, EGO; oats,
BOT.
Liverpool Close.
Wheat, unchanged; corn, 1 higher.
cIearanees.
Wheat and flour, 100000; corn,
212 600; oats, 100000.
Northwest Wheat Receipts.
Minneapolis, 565 cars; Duluth, 109
cars; Winnipeg, s96 cars.
Chicago Cash Grain.
CHICAGO, Nov. 13.-Wheat-No. 2
red, s1.ssA @1S9k; No. red. $1.s1
@1.s3; No. hard, s1.93@1.96; No. 3
hard. s1.ss@1.e01s: No. 3 spring,
1885,
Corn-No. 2 yellow, s1.O7@1.0Sh;
No. 8 yellow. s103@1.041z; No. 4 vel
low, s1.o0@103: No. 5 yellow. 9Sc@
s1.O1; No. 6 yellow, 96@97c; No. 2
white, $105@1.O7; No. 8 white, $1.03
@1.o4: No. 4 white, $1.00@1.03; No.
5 white, 9Sc@s 1.00; No. 2 mixed.
s1.o5; No. 8 mixed, S1.03@1.04: No. /
4 mixed, $1.O1@1.02: No. S mixed,
9sc@$1.00: No. mixed, s69s6Ac.
Oats-No. 3 white, 56% @5SAc; No. |
white, 56s@571hc; standard, SIX |
@5S1ac.
Kansas City Cash Grain.
FURNISHED by Long Commission Col |
KANSAS CITY, Nov. 13-Wheat-