The daily Gate City and constitution-Democrat. (Keokuk, Iowa) 1916-1922, 1916-07-14
Late Market Quotations

Furnished by Long Commission Co,
403 Main st. Telephone No. 1901
CHICAGO, July 14.-Wheat-Some
OF the numerous rust reports received
today were of a more serious char
acter than those previously received.
but. on every little bulge, there seem
ed to be wheat for sale in larger
quantities than required to fill the
buying orders sent In by the country
Cash handlers here claimed that the
edge is OF the export business but
Omaha reported good inquiry in their
market from seaboard account. July
was bought by cash houses aud gained
further on the September. In view
OF the sharp advance which has oc-
CURED during the last week, today's
reaction is not surprising. Crop con-
ditions, however, do not warrant
pressing the short side, and on fur
Their declines, should encourage buy.
ing for investment.
Corn-The corn market was erradc
opening weak. advancing sharply and
again losing ground. so that by mid
day, all deliveries were at fair dis
counts under last nights close. Cash
demand from exporters was not Sc
good as 1t has been for the last few
days and car-l0ts in the sample were
not 80 easily disposed Of There Is
every indication that foreigners will
take our surplus corn from the -oid
crop and the steadying OF old crop
futures is apt to prevent the deferred
futures from selling or much.
Oats Heavy selling OF oats have
made the market weak. Country
points are not so enthusiastic over
the crop prospects as usual and trad.
ers in close with crop conditions are
inclined to buy on the breaks. A
heavy, demand on our supply Is likely
to be felt during the coming year and
is likely to keep the market firm and
later give us higher prices.
The Modern MILLER: Black rust
has developed in the whole fields OF
Dakota and is reported mainly in wa
ter holes. Recently the weather has
been entirely favorable to the de-
.velopment OF the spores. being hot
and mnggy. There Is ne general IN
lection and the extent of damage VIII
be governed by weather conditions.
Hot winds spread the rust spores.
Winter wheat threshed has progressed
under ideal conditions and has. been
rapid. Quality is good and yields are
about as expected. Owing to good
quality Of grain and the rust reports
winter wheat farmers show pro
nounced tendency to hold wheat for
higher prices.
Grain Review.
CHICAGO, July 14.-WheAf prices
had a moderate setback today. The
sy tho M hrVAQt
the temperatures being unfavorable
FOR development of black rust and
there was a general rush to sell.
July which opened " down, lost 70
further. selling at 109h September
sold around 11011, IN below yester-
ldayss close. and December at 1874.
M down from yesterday.
Corn opened easier. but there was
heavy buying and July gained cent,
selling at 1854. September gained s
after opening X down, selling around
74M. December sold lower at 6S 1s !.
oats trade was light, but prices
held firm. July sold at 41A, Sep
ternber at 4Oh and December at 41A.
Provisions were exceptionally slow
but slightly lower.
Chicago Estimates for Tomorrow.
FURNISHED by Long Commission Co.,,
403 Main. Telephone No. 1901
Hogs, $4,000; cattle. 800; sheep.
4 600; wheat, 40; corn, 3O3; oats, l29.
Liverpool Close.
Wheat, unchanged to up; corn,
I'd up.
rta.ranees .
wheat and flour, 472,oOo; corn,
s20 900; oats. 656,00o.
|. Northwest Wheat Receipts.
minneapolis, 24S cars; Duluth, ~
cars: winnipeg, 685 cars.
Chicago Cash Grain.
CHICAGO, July 14.-Whtat-No, .
red, $1.1O; No. 8 hard, $1.o52 % Log n.
Corn-No. 2 yellow, sOH 0SoAc;
No. 3 yellow, sO@805kc; No yellow
7sXc; No. yellow, TIC; No. yell
low. 73@77c; No. white. SOC sohc;
No white, 791a@80Ac; No 1 white
75Hc: No. white, 73@76c; NO. .
white, 73@76c: No. 2 mixed, 500
sOHc: No. 3 mixed, 8O@S0Ac; NO.
4 mixed, 75076c; No. mixed. 73Q
74hc.
Oats-No. 3 white, 41@41Ac; No. 4
white, 40@41c; standard, 42A %
42hc.
st. Louis Cash Grain.
FURNISHED by Long Commission Co.,
400 Main. Telephone No. 1901
ST. LOUIS, Mo-, July 14.-Wheat-
No. 2 red, new, $1.17@122; No. 3 red,
new. $1.16@121H.
Corn-No. 2, 791z@s0c; No. 3,
l79Mc; No. 8 yellow, soc; No. white,
81681hc: No. 3 white, soc.
Oats-No. 2, 4Ohc; No. 3. 3sc;
standard 40% O42c; No. 3 white, 40h
Q01Zn