The daily Gate City. [volume] (Keokuk, Iowa) 1855-1916, 1916-02-04
Late Market Quotations
Long Commission Co. Grain Letter.

CHICAGO, Feb. 4.-Wheat-Buying
of wheat by commission houses and
by those who are supposed to repre-
sent seaboard interests, was the fea-
ture in sharply higher market early
today. A large part of the advance
was lost when an unconfirmed rumor
was circulated in regard to possible
political complications arising over
the Lusitanta affair. Most of the break
was occasioned by pressure from To-
cal traders. Their selling on the break
was absorbed by commission house
buying, and also to some extent by
buying for cash interests. By mid
day, market was steady with signs
OF strength and values were advancing.
A sharp advance in Liverpool and
bullish report by the Modern Miller
on winter wheat conditions were I'm
portant items in this market.
Corn-Increased consignment no.
tees and the early strength in wheat
was reflected in the corn market, but
the advance failed to hold. Argentine
shipments were somewhat heavier
than expected. Local sentiment is, for
the most part bearish and traders gen
orally disposed to press the bear side
on any bulges.
Oats-Demand for cash oats was
quiet and futures held within narrow
range. There was some good buying
by cash interests and industries while
the local trade remains bearishly dis
posed on the break.
Modern Miiiers Report.
CHICAGO, Feb. 4.-Co1d wave last
week preceded by snow in Nebraska,
Kansas and northern Missouri. Wheat
Ao11 ,r,i$ IL
Oklahoma, southeast Missouri and
southern and central Illinois. and to
less extent in Ohio and central Illinois
and Indiana. Ice covering was par
ttcularly severe in districts in Okla
homa and central Illinois. Too early
to forecast damage. Official investiga-
ton in Texas shows green bug has
survived the cold weather.
Grain Review.
UNITED Press Leased Wire Servicel
CHICAGO, Feb. 4.-Bulge in Liv-
erpool markets and in Winnipeg prices
sent scare into the shorts In the
wheat pit here today. May wheat
opened point higher at 1874, but lost
u later on profit realizing. July fol-
lowed the same course. Unsettled
weather In the corn belt gave corn a
bhllish tinge early, but heavy selling
caused slight drop later. May ruled
around 7sM; July 1915.
Oats were affected by other grains,
May selling u down after higher
opening and July losing ".
Provisions were higher at the start
and ruled fairly steady.
Chicago Estimates for Tomorrow.
+ ichod hv ~
403 Main. Telephone No. 1901
Hogs, $4,000; cattle, 300; sheep, o.
900; wheat, 90; corn, 231; oats, 172.
Liverpool Close.
Wheat, 11s@2h up; corn, unchans-
ed to II lower.
clearances.
Wheat and flour, 1,776,00O; corn,
5000; oats, 100000.
Northwest Wheat Receipts.
Minneapolis, 1876 cars; Duluth, GO
cars; Winnipeg, 262 cars.
Chicago Cash Grain.
CHICAGO, Feb. 4.-Wheat-No. 3
red. s1.30@1.331s; No. 8 hard. s1.31.
Corn-No 2 yellow, 79c; No vel
low, 76c; No. 4 yellow, 74k @75hc;
No. 5 yellow. TIA orc; No. yellow,
sec; No. white, 71h @72hc; No. 6 |
white. 6o1ac; No. 8 mixed, 7oAc; No. |
4 mixed, 1914 q .41ac; No. S mixed,
711a @72kc.
Oats-No white. 4Sa @491ac; No.
4 white, 471A @481sc; standard, SIC.
Kansas City Cash Grain.
[ Furnished by Long Commission Co., |
4O3 Main Telephone No. 1U0.l !
KANSAS CITY, Feb. 4.-Wheat- !
No. hard, s1.261a@1.27; No. 8 hard,
s1219130; No. A hard, S1.140120; |
No. 2 red, S1.3OW436; No. red, $1.22 |
@1.24; No red, s1.07@1.I4.
Corn-No. 2, 71@711ac; No. 3, 691a
07oc; No. 4, 6s@6S1ac; No. 2 yellow,
73c; No. 3 yellow, tic; No. 4 yellow,
soc; No. 2 white, 73@73Rc; No. ,
white, 72c; No. 4 white, roc.
Oats-No. 2, 4S@49c; No. 8, 438 !
48c; No. 2 white. 52@53c: No. |
white. 50051c; No. white, 40 |
49c.
Peoria Grain.
PEORIA, ILL.,, Feb. 4.-Corn-Mar-
ket "A Ole lower. No. 5 white, 600 I
S9Ac; No yenow, 75c bid; No. 4 I
yellow, 71Ac; No. 5 yellow, SEQ !
;9hc; No. mixed, i4hc; No. 5 /
mixed, 6s@s9hc; No. mixed. SEQ !
S61ac.
Oats-Market unchanged. No. 3
white, 4sAc; No. white, 47Ac. /