The daily Gate City and constitution-Democrat. (Keokuk, Iowa) 1916-1922, 1916-08-07
Late Market Quotations
Long Commission Co. Grain Letter.
Furnished by Long Commission Co.

i Furnished by Long Commission Co..
403 Main st. Telephone 1901
CHICAGO, Aug. 7.-Wheat-Profit
] taking in wheat encouraged locals to
operate on the selling side, so that
] the market was under pressure during
the morning and the volume OF outside
buying was only moderate. Crop re-
ports from private sources are not en-
couraging. either in the United States
or Canada. Canadians are vigorously
denying severe damage, but those who
have seen the crop believe that by
harvest time, as much deterioration
will show there as in our own north
west Irregularity In prices may
therefore be expected.
Corn-Damage to corn In the south
west is confirmed by the most re-
liable sources Of information A few
scattered rains over Kansas encour-
aged selling today on good bulge
over Saturdays close and. by midday,
prices were little lower than at the
end Of last week. There was rum0r
that a small lot had been sold for ex-
port on the decline from the high
point while the price Is too high to-
buy for investment, it does not seem
wise to sell corn except on sharp
bulges. s~ils
Oats-New high levels in oats were
not held. partly because the other
grain reacted and partly because the
movement is increasing. There Is
reason to believe that the oats crop
will not be as large as expected at the
time Of the last government report
and that oats will be in good demand
and command good prices throughout
the year.
Grain Review.
CHICAGO. Aug. Unloading by
longs forced q break in the wheat
market today and caused the market
to rule easy. Fear OF bull raids was
responsible for the selling pressure.
A strong undertone in the. northwest
market prevented greater drop in
the local market. September wheat
was down at 1891; December down
= at 1917; May down y at 141M.
| Reports of favorable weather in
Kansas. Missouri and Iowa developed
an easy undertone in corn. Good
buying at the opening sent prices up,
but they dropped later on heavy sell
ing September was down X at 83h:
December down y at II IS; May down
| Is at TAN
oats eased of at the outset and
continued to decline on weakness in
the other grains. September was
down " at 4414; December down y
at 471z; May down "A at 50A.
| Provisions were slightly higher on
an advance in hogs.
Chicago Estimates for Tomorrow.
| FURNISHED by Long Commission Co,
| 403 Main. Telephone No. 1901
Hogs, 10000; cattle, 1000; sheep.
| 10000.
Liverpool Close.
1 Wheat, I'd higher; corn, Id higher.
cIearanees.
Wheat and flour. 121. 600; corn. as. :
600; oats $4,000.
Northwest Wheat Receipts.
Minneapolis. 643 cars; Duluth, los
| cars; Winnipeg, 1902 cars.
Chicago Cash Grain.
! CHICAGO, Aug. 7.-Wheat-No. 2
red, 1851 No. 3 red, $1.34
@1.36N: No hard. $1.25 Aa8e
! Corn-No., 2 yellow, S5h0S65hc;
No. 3 yellow, S5A086c; No. 4 yellow,
s41kc: No. yellow, 81kc; No. s yell
low, 79h@S0c; No. 2 white. 85h@
S61Ac; No. 3 white, 85@86c; No. 4
white, 84@841c; No. white. $40
SIC; No. 3 mixed, SIC; No. mixed,
83@S4c; No. mixed, 800S2c: No. s
mixed, 10000.
Oats-No. white, 45@44Ac;
standard, 44A 045asc.
Kansas City Cash Grain.
Furnished by Long Commission Co.,
4O3 Main. Telephone No. 1901
| KANSAS CITY, Aug. Wheat
No. 2 hard. $1.30@1.35; No. 8 hard,
$1.26N @1.52; No. hard, S1.19@1.29.
No. red, $1.36@1.37; No. 8 red,
S13O@133; No. red, $1.25.
| Corn-No. 2, 831tc; No. 5, 81@82c;
No. 2 yellow. Sac; No. yellow, s3c;
No. 4 yellow. S10S2c; No. 2 white,
SAC; No. 3 white, 83c; No I white.