The daily Gate City. [volume] (Keokuk, Iowa) 1855-1916, 1916-02-20
Late Market Quotations
Long Commission Go. Grain Letter.
FURNISHED by Long Commission Co.

4 . -
FURNISHED by Long Commission Co.
4O3 Main. Telephone No. 100.
| CHICAGO. Feb. 19.-Wheat-Sup
port in wheat was distinctly lacking
and the market gradually declined "a
a point whore stop loss orders were
reached. A good demand for spot
wheat. reported from the northwest
had little effect In checking the de-
| cltnes. Fewer crop report damages
were received today. Prospects of an
increase in the visible supply Mon
day and the depressing effect Of the
decline is likely to have on the Liv-
erpool markets Ii likely to result In
further liquidation early next week.
Uncertainty over the political situa-
ton 10 also an important factor in
causing uneaetness. While higher
prices for wheat are probable in the
long run. buying orders should be
held for good setbacks.
Corn-The cash corn situation be-
came more acute today and the ex-
pectation of a heavy run early in the
week brought weakness and some
Liquidation in the corn futures. Some
OF the larger traders. who bought
early. promptly sold out. and made
the decline all the more pronounced
and rapid. speculative interest was
curbed to some extent by the ap-
preaching holiday. Seaboard reported
buying orders early and opened the
market slightly higher than previous
close. but soon lost its gain and be-
came weak with rush OF selling or
ders to stop losses. Railroads In the
west are bending every effort to get
the low grade corn to market to re-
Heve the accommodations at central
$nf D,,~v -
held up until this soft corn has a
Oats-Oats broke with other grains
early in the session: some Of the
heaviest selling was credited to cash
interest. Spot oats were dragging the
market all day and tended to lose
ground faster than the futures. Re-
ports from the country are for the
most part bearish.
Weekly Grain Review.
limited Press Leased Wire Servicel
CHICAGO, Feb. 19.-In the face Of
higher cables, and other slightly bull
ish market news, the grain pits this
week were ruled by bear traders.
Small spectators bought heavy to-
ward the middle Of the week and
bulled the prices for a time, but the
market closed for the week end to-
day on a sagging list, several points
below the high for the week, but for
the most part only fractionally
changed from last weeks finish. May
wheat lost y for the week, closing at
1271x today. July, however, gained
-. closing at 1925. High for May
during the week was 1914 and low
126ss.
3Va Y,,J,
the week, closing at Tx and 17cs
respectively today. High for May was
S0ls and low 761z
Oats trading was slow throughout
the week. May, which closed today
at AIN, registered net loss OF ~
and July. which closed at 45h, lost
q. High for May during the week
was 49B and low 47Ac.
Provisions were fairly steady, clos
ing today from 2 to cents above last
Saturday, all around.
May pork closing at $207O, gained
Ave cents. The range In this future
was from @20.97 to $2O.52.
Chicago Estimates for Monday.
Furnished by Long Commission Co.,
400 Main. Telephone No. 1901
Hogs, $4,000; cattle, 10000: sheep.
2O!OOO; wheat, $50; corn, 500: oats.
ia
Liverpool Close.
Wheat, n UP; corn. dull, unchanged
CIearanees.
Wheat and -four, 1,118.O00; corn, 49,
600; oats. $4,000.
Northwest Wheat Receipts.
Minneapolis, Al; Duluth, Al; Win
nipeg. 1913.
Peoria Cash Grain.
PEORIA, Ill.,. Feb. 19.-Corn, re-
ceipts. 154 cars; market 1c to Sc low
er: No. 5, white, GA to GAY: No. 3,
yellow. 721k; No. 4, yellow. 70 to II;
No. 5, yellow, 81 to 65; No. 6, yellow,
81 to IS; No. 3. mixed, 711s; No. 4,
mixed, 10; No. s, mixed, 60 to 64h;
No. G, mixed, e5h; sample. % to
sly.
Oats, receipts. 8 cars: market 10 to |
1hc lower; No. 8. white, AZ: No. 4,
white, 431k.
st. Louis Cash Grain.
Furnished by Long Commission Co.,
403 Main. Telephone No. 1901
81. LOUIS, Mo-, Feb. 1y.-Wheat-