The daily Gate City. [volume] (Keokuk, Iowa) 1855-1916, 1916-02-06
Late Market Quotations

II lQIC xvx
Long Commission Co. Grain Letter.
FURNISHED by Long Commission Co.,
4O3 Main. Telephone No. 1901
| CHICAGO. Feb. 5.-Wheat-The
| outside interest In wheat has slack
ened considerably and local trade was
extremely bearish and took the sell
ing side today and carried prices
lower there was some stop loss
orders executed. May wheat declined
about u cent more than July. The
! news item that was used by bears
to the greatest effect. was q report
that Argentine wheat is being offered
cheaper abroad than wheat from
America. Argentine freight rates are
also said to be lower. There is a good
demand. however, for cash wheat Wis
tble Monday is likely to show some
decrease. At the close there
was prospects of further setback.
but 1t is very doubtful IL any severe
break occurs until cash conditions
change materially. t.s.
Corn-The prospect Of an increased
movement, unofficial estim ates for
Monday Of 700 to 500 cars encouraged
selling OF corn, which ran the mar.
ket into stop loss orders. The local
and the selling side will probably be
overdone on further declines.
Oats-Oats were easy with other
grains. Local traders and commission
houses were free sellers. Car short
age is reported and holding up re-
ceipts, although the country il report
ed as being willing to sell as fast as
transportation can be secured Export
demands has been rather quiet the
last few days and domestic cash de-
mands only fair
Provisions-On an early bulge
packers were free sellers and later
commission house liquidation set in.
Lard was again the weak spot on the
list.
Weekly Grain Review. 9
UNITED Press Leased Wire Service
CHICAGO, H.. Feb. 5.-Grain hit
the toboggan this week. For the first
time in several months the decline
was general throughout the list, large
iy influenced by bear raid early in
the week from which none Of the
grains could recover. Cold weather In
the belts. bearish cable news and
rumors of more complicated interna-
tional relations contributed to the
market decline. May wheat closed
today at 1921, decline Of ~ since.
last Saturday. High for the week
was 1876 and low 1905. July closed
rs down for the week at 124n. High
for July during the week was 1854
and low 122A.
May corn was 3ss down for the
week and July down 81. the former
closing today at 77ss and the latter
at 77ss. High for May was s19S and
low IT'S; for July, high was SIX and
low 77ss. \
May oats which closed today at
49A, was 3A down for the week and
July. closing at 46A, was 2ss down.
High for May during the week was
So and low 1871.
The bears held sway in the pro
visions market too. May pork, clos !
Ing today at $20.32, lost 43 cents since
last Saturday. The range for the i
week was between $20.62 and $685.
Chicago Estimatss for Monday.
Furnished by Long Commission Co.,
403 Main. Telephone No. 1901 4
100000 hogs estimated all next |
week, Chicago; hogs, $4,000; cattle,
$4,000; sheep, 10000: wheat, Il; corn,
1873; oats. 1876.
Liverpool Close.
Wheat, unchanged, n UP; corn, un-
changed, " lower.
clearances.
Wheat and flour, 1,144,000; corn, TO-
100; oats, 1000. /
Northwest Wheat Receipts.
Minneapolis, 2S7 cars; Duluth, 81 /
,ars; Winnipeg, rs cars.
Chicago Cash Grain.
CHICAGO, Feb. 5.-Wheat-No. 4
ed, $1.12@I17: No. 2 hard, $1.32. No.
hard, s1.26A @1.27ss; No. 4 hard,
s1.25; No. N. S., $127.
Corn-No. yellow, 74c; No vel.
ow. 72k@73hc; No. S yellow. 700 ]
&c; No. 6 yellow, 67@69c; No. 4
white, 73@74c; No. white, TOO 7Ohc,f
No. 6 white, 66A G6Sc; No. mixed,I
'2h@73hc; No. 5 mixed, zoe; No. 8
mixed, 66k @67hc.
Oats-No. 3 white, 4SH@4SXc; No.
white, AN @4Sc.
Peoria Cash Grain.
PEORIA, Feb. 5.-Corn-186 cars:
market 1@1Ac lower. Sample. 40
&c lower. No. white. 70%c: No. s
White, 68c; No. white, 65665kc:
70. 3 yellow, 74c; No. yellow, 72c:
70. yellow, 671s 06skc; No. 6 yell
ARka Permission - roai In (.