The daily Gate City and constitution-Democrat. (Keokuk, Iowa) 1916-1922, 1916-07-18
Late Market Quotations
Long Commission CO. Grain Letter
FURNISHED by Long Commission Co.

Long Commjssion Co. Grain Lctte.
1 FURNISHED by Long Commission Co.
403 Main st. Telephone No. 1901
| CHICAGO, July 18.-Wheat-Wh
showed firm undertone. holding an av.
erage during the morning above last
| nights close. Rust reports are num-
erous In the northwest and a posi-
bility Of serious damage Is suggest
ed unless the weather changes and
checks the development Rust reports
however, are receiving minor cohsid.
Grafton, and the trade is disposed to
sell wheat on increased receipts. New
wheat is moving to market freely,
more SO than last year, when wet
weather was interfering with the
harvest and threshing. A. very good
demand exists for new wheat from
millers, whose stocks are either low
or made up of poor. quality of old
wheat, which requires mixing. In the
absence Of damage to the spring
wheat crop from heat and rust mod
crate setback in prices may occur but
If the yields are cut in the northwest,
we are likely to see much higher
prices.
Corn-C Complaints Of dry, hot wealth
er not only in the southwest but in
central Illinois buying orders from
that territory and an advance resulted
The resumption of the use of maize
by some of the distillers, who have
been making alcohol of kaffir corn,
has been made necessary because of
lack OF supplies Of latter. While corn
is strictly weather market, 1t does
not seem advisable to sell short for
the time being.
Oats-The selling of oats by those,
who had clear profits and by local
traders who are bearish, checked the
advancing tendencies Of oats. Many
regard the hot weather as coming too
Is in progress generally throughout
northern Illinois. Cash houses are
said to be doing a good shipping bust
ness. The northern part of the oat
belt must have rain soon or we shall
see higher prices.
Grain Review.
CHICAGO, July 18.-Wheat values
steadied today after an easy opening.
There was fractional decline in
prices on first trades, but the market
gained on commission buying. July
wheat was up 5s at 111%; Septem-
Der up u at 112H; December I'M
changed at 115A.
Corn scored an early gain on light
offerings, but declined on favorable
weather and crop reports. July corn
was down n at 1914; September I'M
changed at 755s; December down Is
lat 655s.
Corn influenced a drop in oats. July
was down IL at 41A; September
down n at Az; December down Is
at 42N.
A weak hog market caused lower
provision quotations.
Chicago Estimates for Tomorrow.
Furnished by Long Commission Co.,
403 Main Telephone No. 1901
Hogs, $4,000; cattle. $4,000; sheep,
16 900; wheat, 80; corn, 1877; oats, IS.
Liverpool Close.
Wheat. unchanged; corn, unchang-
ed.
clearances.
Wheat and flour. 975,000; corn, ST.
900; oats, 411,000.
Northwest Wheat Receipts.
minneapolis, zoo cars, DuluCl, NVo
cars; Winnipeg 694 cars.
Kansas City Cash Grain.
Furnished by Long Commission Co.,
4O3 Main. Telephone No. 1901
KANSAS CITY, July 18.-Wheat-
No. 2 hard, s1o7@1.13; No. 3 hard.
No. hard. $1.020
1.O7k; No. 2 red, $114@1.1s; No. 3
red, s1.O9@115; No. red, SLIP.
Corn-No 2. 7S@7s1sc; No. 8,
THO; No. 2 yellow, soc: No. yell
low, 7S@79c; No. 2 white, 791sc; No.
oats@No. 2, s7@3sc; No. 3, $40
SIC: No. white, 42@4Sc; No. 3
white, 40@42c.
st. Louis Cash Grain.
FURNISHED by Long Commission Co.,
4O3 Main. Telephone No. 1901
ST. LOUIS, Mo-, July 18.-Wheat-
No. 2 red, new, s1.22@1.z474; No. 8
red, new, s1.17@1.21; No. 2 hard,
new, $1.16@1.18.
Corn-No. 8, sic; No. yellow.
so1zc; No. 2 white, s11sGs2Ac; No.
white, sic.
oats-No. 2. 10000; No. 8, $50
39c; No 2 white, 43c; standard,
421ac; No. 3 white, 42042kc.
Chicago Cash Grain.
CHICAGO, July 18.-Wheat-No. 2
red, S1.17A; No. 3 red, S1.13A @1.14;
No. hard, $1.12A; No. hard,
No. yellow, s01h 0S1Ac; No. yell
low, 7sc; No. 6 yellow, 72G77Ac; No.
$110A @1.1114.
Corn-No. yellow, 80A @S1Ac;
2 white, S1@S1Ac; No. 8 white, 80k