The daily Gate City and constitution-Democrat. (Keokuk, Iowa) 1916-1922, 1916-10-23
Late Market Quotations
Long Commission Co. Grain Letter.
Furnished by Long Commission Co.,

4Vo MAIN. telephone No. 100.
CHICAGO, Oct. 23.-Wheat-New
high levels were again reached this
morning and, despite profit taking on
heavy scale, the advance was wen
maintained up to noon. Rosario and
BGenos Ayres scored sensational adj
snnces, due to further loss in crop
prospects. Reports would indicate
that millers and jobbers have no
large reserves and that they are be-
ginning to feel decided anxiety as to
the securing OF supplies in the imme-
date future. The technical position
Of the market is healthy because
there is no excited general buying by
inexperienced spectators. the bulk
of the trade being between cash in
terests and leading holders who have
been taking profits on large lines,
and replacing the same on minor
breaks. The cr1y prospect of sharp
decline is the possibility OF some new
political complication abroad.
Corn - Although from certain
sources it was reported that the edge
was of the corn market and that.
the exporters were reselling, the
futures made new high levels, and
cash corn also passed the high mark
of last week. Present prices are at
JTdCIluS q ldTS0 tOlUA1c vi SpcCulA-
tive selling and are likely also to re-
suit in heavier run from the coun-
try. Although prices seem too high
for investment buying, trading opera
lions on the long side from day to
day are recommended.
Oats-Oats were very strong, being
III good demand from both specula-
tive and shipping interests. The buy
ing side is becoming too popular with
the scattered trade, whose ideas of
price are relative as compared with
other grains. The present large
stocks and the prospect for further
accumulations make heavy load for
the bull to carry around these levels.
Grain Review.
UNITED Press Leased Wire Service.]
CHICAGO, Oct. 23.-Opening of the
grain pits today was marked by In
tense excitement as spectators wild
,ly bid for wheat confident that the
long predicted shortage was now q
fact and that the leading grain would
go to 50 before long. The statement
of seaboard exporters that the United
States has sold as much wheat as 1t
can comfortably spare also tended to
stimulate buying. December wheat at
moon was ~ above the last Saturdays
close while May had risen points.
December was up 2bver today's open.
ing at It's and May up rs ut 174N.
Corn showed good gains on heavy
buying. December was up rs at
1915 and May up IL at 1914.
Oats took strength from other grain
and December was up 11s at 53H,
and May up 1ss at 56N.
Provisions were higher.
Chicago Estimates for Tomorrow.
FURNISHED by Long Commission Co..
403 Main. Telephone No. 1901
! Hogs, $4,000; cattle, 5000; sheep,
| 25 900; wheat, 241; corn, 1874; oats,
649.
Liverpool Close.
Wheat. unchanged to up; corn.
2 up.
/ clearanees.
Wheat and flour. 1,234,O00; corn.
$4,000; oats, $4,000.
Northwest Wheat Receipts.
Minneapolis, 705 cars; Duluth. 81
cars; Winnipeg S12 cars.
Chicago Cash Grain.
CHICAGO. Get. 23.-wheat-No. 2
red. $1.72h @1.73h; No. 3 red. $1-65
| @1.72; No. hard, $1.72h @176N;
No 3 hard, $1:7101.75; No. spring,
$1.71A.
Corn-No. 2 yellow. 9sAc0$101A;
No. yellow, ssAc@s1.01; No. 4 vel
low, 99c@$1.00; No. 6 yellow. ESQ
/ 981sc; No. 2 white, 991ac; No. 3
white, $1.O1; No. 4 white. 99c@
s1.001z: No. 6 white. 98hc; No. 2
mixed. 99c@$1.01; No. mixed, 1919
@$1.001h: No. mixed, 93A099Hc;
No. s mixed, 9sh@99c; No. 6 mixed,
Sshc.
Oats-No. 3 white. 5O@51Ac; No. 4
white. 49@51o; standard. 51@52Ac.
| st. Louis Cash Grain.
| Furnished by Long Commission Co..
] 403 Main. Telephone No. 1901
| ST. LOUIS, Mo-, Oct. 23-Wheat-