The daily Gate City. [volume] (Keokuk, Iowa) 1855-1916, 1916-01-23
Late Market Quotations
Long Commission Co. Gram Letter.
FURNISHED by Long Commission Co

| Long commission Co. Gram Letter.
| Furnished by Long Commission Co,
402A ldain. Telephone No. 1901
| CHICAGO. H.. Jan. 22.-Wheat-
Wheat made new high level today
on buying credited to the seaboard.
| There was installing OF new long
lines by recon: sold out bulls, and
| a volume OF short covering. The
local trade was bullish. Demands for
| cash wheat was good, especially for
the better grades. This accounts for
the large premium on cash grades.
/ Our receipts have been TEN porarily
| checked on account of the inability
to secure cars promptly. The domes-
| tic demands and foreigners urgent
| needs for wheat, and reports to the
growing plants are a fact that can.
| not be disregarded. Clearances con-
tinue to run near the million and a
half mark daily.
Corn-Corn did not follow wheat
to any extent today, the opening
being IS to IS lower than last night,
and the close shade lower than
opening. Cash corn Of good grades
were reported as cent lower, while
the poor grades were 2 to 3 cents
lower. Industries were the buyers OF
sample grades and were able 10 se-
cure their needed supplies at almost
their own figures. The movement ef
low grade corn is increasing aui viii
have a tendency to check the future
markets. The forecast for clear and
cold weather over the corn belt will
likely result in increased shipments
from first hands.
Oats-Oats were In good demand
from commission houses, but local
traders were disposed to take the
ct f<,v1 L. - 81 -
a lower corn market Commission
houses thought to be acting for
foreigners. were buyers on all depres-
sions. Recessions are to be expected
from time to time on these oats, but
the scarcity of good quality Of oats
for export are factors on the bull
side.
Weekly Grain Review.
limited Press Leased Wire Service.1
CHICAGO. Jan. 22.-The wheat
market evidenced again this week
that prices are slowly but surely
creeping upward to a level near the
war boom prices of spring. 1915
May reached 1895 on some sales to-
day and closed at 1874. 5A above
last Saturdays close. July wheat
gained AS for the week, closing to-
day at 12i a. AS in last weeks trad
ing, a combination OF weather and
cable news were the immediate
causes of the advance.
The corn market was steady
throughout the week Unsettled
weather was bulIish factor. balanc-
ing the bearish reports of big crops
yet unsold. May closed = down for
the week, at 7S1s and July was *
down for the week. closing at the
same figure.
Oats receipts are gradually piling
up, due to higher prices. The oats
market has been slightly bullish near
~ a month Today May closed at
531ls, up 27s for the week and July At
4sA. a gain OF Y over last Satur-
days close
Provisions, in the main. are con-
tinuing their upward trend. may pork
gained 6S cents for the week and
May ribs Is cents. May lare, how
ever. dropped Is cents to LOCO.
Chicago Estimates for Monday.
Furnished by Long Commission CO.,
lO21s Main. Telephone No. 1901
Hogs, 10000, 100000 all next week;
cattle. 10000; sheep, 10000; wheat, IS;
corn, 1884; oats, $50.
Liverpool Close.
Wheat, Y lower to 2 higher; corn.
Id lower.
Cieafanceo.
Wheat and -four. 1,4SS,oo0; corn,
900; oats, 223,0o0.
Northwest Wheat Receipts.
Minneapolis, 1856 cars: Duluth, So
cars: Winnipeg, 32S cars.
Chicago Cash Grain.
CHICAGO. Jan. 22.-Wheat-No. 2
red, s1.oA: No. hard. s1.24A; No. 8
hard, s1.23k @1.26-
Corn-No. mixed. 72@73c: No.
white, 72674c; No, yellow. 729
1870.
Oats-No. 3white, 51951Hc; No.
4 white, 5og50Ac; standard. 5234c.
Peoria Cash Grain.
PEORIA. H., JAN 22.-Corn-Re-