The daily Gate City and constitution-Democrat. (Keokuk, Iowa) 1916-1922, 1916-07-10
Late Market Quotations
Long Commission Co. Grain Letter.
FURNISHED by Long Commission Co..

Furnished by Long Commission Co..
403 Main st. Telephone No. 1901
CHICAGO, July observation-disclosures
al existance of black rust in the north
west in the form in which it did dam
age in 1904 lead to selling of wheat
this morning. The trade refuses to
believe that wheat is worth present
prices and would not accept the rust
reports. The local trade has been
selling wheat, while the investor has
been picking it up. The situation as
regards cash is similar to a year ago.
Minor breaks are not going to scare
the investor out. The farmers this
year are storing their wheat either by
binning or stacking. feeling that the
present prices are too low. Milling
demands from domestic sources are
good and the pressure of liberal hedg-
ing is thereby reduced. Investment
buying on breaks is advisable.
Corn-Despite the denial of export
inquiry on working basis and claims
of big increase OF country offering
cash houses wanted the July corn,
which held firm throughout the day.
Some export business was worked
Saturday afternoon but not reported
In figures. Reported an order for five
million gallons of alcohol has been
placed in domestic distilleries at u
concession. A number OF complaints
has been received of hot winds and
the buying here and in Kansas City
has been by strong classes. Most OF
the reports over the corn belt are
corn coming along fast and fine.
Oats-The hot weather that is help
ing wheat harvest is regarded as
harmful to oats and is having consid-
cradle to do with the strength in our
market Cash handlers were in the
market for oats for ten day shipment
from the country but were only able
to pick up only limited quantities at
July prices. The buying side on,
breaks appears most logical.
Grain Review.
CHICAGO, July lobbying by In
fluential interests doomed wheat al
ter lower opening today and the
market developed strong undertone.
July. down " at the start, gained Is,
selling at 1865 and both September
and December gained cent, ruling
at 1891 and 111A respectively.
Corn, steady early, gained slightly
on the buying wave. July ruled at
1914. September around 74N and De-
cember at 631a.
Oats were active and higher in SYM
pathy with wheat July sold at 403s,
September at 1885 and December at
411s.
Provisions were easy and slow with
trade confined chiefly to lard.
Chicago Estimates for Tomorrow.
Furnished by Long Commission Co,
403 Main. Telephone No. 1901
Hogs. 10000; cattle, $500; sheep,
Is 900; wheat, CO; corn, 463; oats, 191.
Liverpool Close.
Wheat 1@2 higher; corn, higher.
Northwest Wheat Receipts.
Minneapolis, 352 cars; Duluth, 6S
cars; Winnipeg, 1889 cars.
Chicago Cash Grain.
CHICAGO, July 10.-Wheat-No.
red. s1O8: No. 2 hard, $1.O9A; No. 3
hard, $1.04@1.07h.
Corn-No. 2 yellow, s0k QS1Hc:
No. yellow, 79@SOAc; No. A yellow,
SO@SOkc; No. yellow. 76kc; No. 6
yellow, 75@76c: No. 2 white, 500
soAc; No. 8 white, So@s0kc; No.
white, 7S@79c; No. 5 white. 76k0
7SAc; No. white, 75@77c; No. 2
mixed, 500 S01sc; No. mixed, 500
sOAc; No. 4 mixed, 77@7Sc; No 5
mixed, 75@761ac; No. 6 mixed, 7ak@
75c.
Oats-No. white. 40@41kc; No. 4
white, 391sc; standard, 1914 @40kc.
Kansas City Cash Grain.
FURNISHED by Long Commission Co.,
| 4O3 Main. Telephone No. 1901
| KANSAS CITY, July 10.-Wheat-
No. 2 hard, $1.07@1.08; No. hard,
S1.04; No. hard, 96c@$1.01; No. 2
red, $1O701.08; No. red, $1.O4Q