The daily Gate City and constitution-Democrat. (Keokuk, Iowa) 1916-1922, 1916-06-01
Late Market Quotations
Long Commission Co. Grain Letter.
Furnished by Long Commission Co.

400 Main. Phone 1901
| CHICAGO, June 1.--Wheat--Whea
was lower under liquidation, although
crop reports continue bad. Selling
pressure was increased as prices de-
clined. Private and state crop re-
ports show a yield of both winter and
spring wheat well below last year. n
| local trader estimated the total wheat
crop of the United States this year at
| 100000 bushels as compared with
more. than 1,000,O00,000 last year.
While the immediate prospects are
bearish on account Of large supplies
OF wheat, the long distance outlook is
bullish.
Corn-On an early decline of about
one cent per bushel. the cash houses
took the buying side and as the bears
had become too bearish, the result
was reaction around midday. A
fair demand for corn exists, and some
reports of re-planting coming, but
stocks are large in the country and
1t does not seem advisable to follow
the long side on the bulges.
Oats-Oats were stronger than otli-
er grains early, on account Of large
short interests in the market. Crop
prospects are good everywhere eX-
cepting the southwest. Clearances are
good. Local cash demands poor.
Grain Review.
CHICAGO, June 1.-Heavy selling
on the wheat pit and generally favor
able weather conditions were respon-
sible for the drop in wheat prices to-
day July wheat was. down Is at
1868; September down 1 1s at 108.
ole n
wheat values dropped. July corn was
down " at sos; September down n
at 69ss.
Oats were slightly down on weak
nesses Of the other grains July oats
were unchanged at 40; September
down II at 3Sh.
Provisions were lower on weakness
in the hog market.
Chicago Estimates for Tomorrow.
| Furnished by Long Commission Co.,
403 Main Telephone No. 1901
Hogs, $4,000; cattle, 1900; sheep,
1000; wheat, sd; corn, SO; oats, Isl.
Liverpool Close.
Wheat, unchanged; corn, Id lower.
cIearances.
/ Wheat and flour, 1,033,000; corn,
| 240, 700; oats, $4,000.
| Northwest Wheat Receipts
| Minneapolis, 17s cars; Duluth, 81
cars; Winnipeg, $50 cars.
Chicago Cash Grain.
| CHICAGO June 1.-Wheat-No. 2
red, s1.O71a; No. red. s1O0@1.05h:
| No. 2 hard, S106h@1O7; No. 3 hard,
S1.02B @1.04A.
Corn--No. 3 yellow 69a @7O1ac;
No. yellow, 1914 D7oAc; No. yal-
low, 66@6s1ac; No. 6 yellow, 60@63c;
No. 2 white. 6sa4 @70kc; No. white.
6sA @69Ac; No. 4 white, 67@68c;
No. white, 63Hc; No. 6 white, Gle;
No. 2 mixed, So &c; No. mixed. 65c;
No. 8 mixed. SIC: No. = mixed. SIC.
! Oats-No. 8 white. 38s@3sAc; No.
white, 3sA@39c: standard, 400
40Ac.
ST. Louis Cash Grain.
Furnished by Long Commission Co.,
4o3 Main. Telephone No. 1901
ST. LOUIS, Mo, June 1.-Wheat-
No. red. new, s1.0601.0S; No. red,
new, S10O@1.03; No. 2 hard, old.
s1.oO@1.03.
Corn-No. 2, roc; No. 8. soc: No. g.
Eyellow, 6sHc; No. white, 705ac; No.
3 white, 69Ac.
! Oats-No. 2. 3S1ac; No, 3. 36@37c;
No. white, 391a@4oc; No. white,
371Ac.
1 Peoria Grain.
PEORIA. Ill, June 1.--Corn--Mar-
ket unchanged and 1c higher. No. 2
yellow, No. yellow, zoe; No. yell
/ low, soc; No. 5 yellow, 6S@69c; No.
6 yellow. 6S@6Skc; No. mixed, 69k
@70c.
Oats-Market 1sc higher. No. 3
white. 37B @3Shc; No. 4 white. 37A
/ @3sc. a
Kansas City Cash Grain.
Furnished by Long Commission Co.,
400 Main. Telephone No. 1901
KANSAS CITY, June Wheat
No. hard, $1.o091.06; No. 3 hard,
/ 97c0S1 OF; No. 4 hard. S9@97c; No. 2
red, s100@1,O6: No. 8 red, 96c@$1.05;
No red, 90G96c.
/ Corn--No. 2. &c; No 3. 66kc; No.