The daily Gate City and constitution-Democrat. (Keokuk, Iowa) 1916-1922, 1916-07-12
Late Market Quotations
Long Commission Co. Grain Letter.
FURNISHED by Long Commission Co,
A(l2 Main ST TalanhAna No M .

Long Commission Co. Grain Letter.
Furnished by Long Commission Co.,
403 Main St. Telephone No. 1901
CHICAGO, July IL. - Wheat -
Today's reports on growing crop con-
ditions in the northwest have been
the most bullish since the advance
started. The spring wheat market
has led the advance and the exist
ence OF rust is no longer q question.
Whether 1t will seriously damage OK
not depends on the weather, which
for the principal spring wheat states.
is expected to continue fair and
warmer. Minneapolis reports broad
er demand for wheat from outside
spectators and the same condition
is noticed in our market Winter
wheat harvest is making rapid prog.
ress under favorable conditions. Pres.
ent prices for wheat are not high,
even If wo raise fair sized wheat
crop.
Corn Corn was under pressure
Throughout the morning from local
traders. The leading bull interest has
supported the market. Those who
are familiar with corn know that hot
weather at this time will do more
damage than If the month Of June
had been comparatively dry. Hot
weather at this time can do much
damage to the plant. While export
demand is reported as quiet, and only
10000 bushels were admitted worked
up to noon hour, the buying of July
today would indicate that considera-
BILE more than this amount has been
worked, and there are bids for more.
The market will continue to get sup
port from strong wheat market and
from foreign cash demands and should
hot weather keep up, even the new
crop will not decline much from this
level.
Oats-There was not SO keen de-
mand for cash oats today, but high
temperatures over the oats territory
are not good for filling out oats and
il hot weather continues will be a
bull prop, and not to be overlooked
by the outside traders. The weather
market will prevail for the next two
weeks with accidents in favor OF the
bulls.
Price Current says: Indications IA
vorable to conditions OF soiis- all
through the surplus grain producing
states, with very few exceptions.
There are a few complaints OF too
dry in Ohio, Indiana, Illinois, Missou-
ri, Iowa and South Dakota and Ne
braska, Kansas and Oklahoma, and
a very few complaints locally OF too
much wet In Minnesota and the Ia
kotas. Winter wheat is nearly all
harvested in surplus states. Esti-
mates OF yields In these surplus
states are 26,301, 900, against 3s4,0o0,-
600, government final estimates OF
1915.
Estimates of oats In surplus states
is S49, O0O, 900, against 979,000,000 bush
els in final estimates OF government
in 1915.
Corn has had good weather during
the last two weeks, with the exception
that night temperatures have general
ly been too cool for rapid growth In
the upper portion OF the corn bel..
Corn. however. promises well through
out the surplus states, estimated con-
ditions running from 50 In Iowa to 81
In Oklahoma.
Grain Review.
CHICAGO, July Traditional re-
ports of crop damage by serious In
festation Of black rust in the wheat
fields around Aberdeen, S D., sent
wheat prices up today. July opened
"a up, gained liz later, selling at
109A. September and July each gain
ed liz after higher starts and sold at
Ills and 113N respectively.
Corn was lower early on rush to
sell and ruled fairly steady around
opening prices with the exception OF
July which dropped y after opening
u up. July sold at 77A. September
lat 74A and December at 63h.
Oats were higher on good buying in
sympathy with wheat. July sold
around AN; September sold at 407s,
and December at AZ and 4ch.
Provisions were higher on brisk de-
mand.
Chicago Estimates for Tomorrow.
Furnished by Long Commission Co.,
403 Main. Telephone No. 1901
Hogs, 10000; cattle, 1000; sheep,
16 600; wheat, 62; corn. 262; oats, lib,
Liverpool Close.
Wheat, unchanged; corn, unchang-
ed to l lower.
CIearances.
Wheat and flour, 1858 900; corn,
$4,000; oats. 1,327,000.
Northwest Wheat Receipts.
Minneapolis, 21O cars; Duluth, 131
cars; Winnipeg, 719 cars.
Chicago Cash Grain.
CHICAGO. July 12.-Wheat-No. 2
red, fill; No. 3 red. $1.09A; No. 2
hard, Sill; No. 3 hard, $1.0S@1.10.
Corn-No. 2 yellow, SOA oslo; No
3 yellow, 79k@80&c: No. 4 yellow.
I79@79Ac: No. 5 yellow, 76h@78c;
No. 6 yellow, 75@76c; No. 2 white,
s0hc; No. white, s0Ac; No. white
&c., No. white, 76hc; No. 6 white.
74@76c; No. 2 mixed, sou @S0hc;
No. mixed, 7s@sOAc; No. mixed,
7sc; No. mixed, 76kc; No. 6 mixed,
74@75c.