The daily Gate City. [volume] (Keokuk, Iowa) 1855-1916, 1916-03-28
Late Market Quotations
Long Commission Co. Grain Letter.
FURNISHED by Long Commission Co.
To-

Long Commission Co. Grain Letter.
Furnished by Long Commission Co.,
4o3 Main. Telephone No. 1901
CHICAGO. March 2s.-Wheat-
Wheat continued its upward course,
due to buying on crop damage re-
ports. There was some fresh invest
ment buying and considerable vol
ume of short covering. Profit taking
sales on the bulge had only a temper
airy effect and at noon prices were at
the highest OF the day. Soft winter
wheat states furnished the bulk of
the crop damage reports. The indi-
cations now point very strongly to a
late spring and considerable reduc-
ton in the acreage in the American
northwest and Canada. While the
prospects is for better weather to-
morrow, streams are approaching the
flood stage and damage from this
source will probably result IN Irre3u-
larry higher prices.
Corn-The corn market became
| oversold on a decline OF about one
cent from the early high level. The
market, however, did not exhibit a
very strong undertone despite the
strength in wheat. The report that
Kansas City was offering corn to
come to Chicago was Offset as bear
factor, by another report that the for
mer market had sold 100000 bushel
Z, for export Local sentiment Is too
bearish and shorts selling should be
confined to bulges.
Oats-A demand from the seaboard
helped to support oats which early In
the day tended to sympathise with
corn, although the country reserves
are undoubtedly heavy, there is no
great pressure at present from this
source. Local traders have been at
| tempting for some time to discount
AN anticipated increase in the move
ment and have therefore, had a sold
out market in oats for several weeks.
| As In corn, selling should be con-
fined to bulges.
Grain Review.
| CUnited Press Leased Wire Service]
CHICAGO, March 2S.-Light offer
! tngs sent wheat values up today. I'm
favorable crop news, due to heavy
rains, caused switch OF sentiment
towards bulling the market. May
wheat was up rs at HIS; July up q
at 1O9ss.
The rise in wheat prices Influenced
brief increase in corn and oats, but
both declined after short squirt
May corn sold down y at 1885; July
down y at 74ss.
May oats were down Il at 43A;
July unchanged at 425a.
Provisions were steady.
Chicago Estimates for Tomorrow.
FURNISHED by Long Commission Co,
4O3 Main Telephone No. 1901
| Hogs, 10000; cattle, $4,000; sheep,
$4,000: wheat, 26T; corn, 103; oats, 81.
Liverpool Close.
Wheat, unchanged. 2 up; corn, un.
changed.
CIearances.
| Wheat and flour, 10000; corp, 81
900; oats, $4,000.
Northwest Wheat Receipts.
Minneapolis, 29S cars; Duluth, ~
cars; Winnipeg, ss1 cars.
Chicago Cash Grain.
| CHICAGO, March 2S.-Wheat-No.
red. s113A @1171s; No. red, SLIP
@1151s; No. 3 hard, $1.09X.
| Corn-No. 2 yellow, 75Q76c; No. 3
yellow, 72A @721sc: No. 4 yellow,
! 6sA@691zc; No. 5 yellow, 66A a
| 671sc; No. yellow, 64@64kc; No. 2
white, TO; No. white, 71@71Ac;
No. white, 6s2 @69c; No. 5 white.
66c: No. white, 631sc; No. mixed,
71h972ssc; No. 8 mixed, 69A q
7Oho; No. mixed. 7okc; No. 5
mixed, 669661sc; No. 6 mixed, 62h0
84hc.
white, 4O@41Ac; standard, 431k @ 45c.
| St Louis Cash Grain.
Furnished by Long Commission Co..
4O3 Main. Telephone No. 1901
ST. LOUIS, Mo-. March 2s.-Wheat
No. 2 red, new, $1.1S@1.19; No. 3
red, new, s1.1091.l415.
Corn-No. 2 71@711ao; No. 8. $50
s91hc; No. yellow. IN @72c; No. 2
white, nc: No. white, soc; No. 4
white. SIC.
standard, 45c; No white. 43@43Ac;
No. 4 white. 4o1s 941c.
Chicago Seed Market.
CHICAGO, March 27.-Rye, No. 3,
nominal: No. 8, 929941sc.
Barley-6Od74c.
Timothy-s4. 50@s 90.
ClOver-$1V -UO0iS.5V.
St. Louis Hay.
ST. LOUIS, Mo-, March N.--f1rm
on good hay; dull on others. Receipts
at St. Louis, As cars; at East 81.
Louis, missing.
! Choice timothy, $40 .50920. 90; NO
timothy, ST. .00@19. 90; No. TIM
othy. $13.o0916.00; No. timothy
Sc. 00912.0o.
Chicago Live Stock.
limited Press Leased Wire Servlce.l
| CHICAGO. March 2S.-The hog