The daily Gate City and constitution-Democrat. (Keokuk, Iowa) 1916-1922, 1916-12-11
Late Market Quotations


4 - -
Lono Commission Co. Grain Letter.
FURNISHED by Long Commission Co.,
400 Main st. Telephone Nos. 350-351l
CHICAGO. Dec. 11.-Wheat-The
market did not respond readily to bull
ish foreign news and. after starting
at moderate improvement over Sat
urday's close, was irregular and low
er throughout the morning. The Wis
ible supply figures were not much OF
a factor, because accumulattons at
Buffalo are not being computed as in
the visible until loaded into elevators.
.Afloat supplies will, therefore, be the
uncertain factor that it usually Is at
this season of the year, when naviga-
ton is about to close. Clearances con-
-tinue heavy, and it seems reasonable
to believe that the embargo situation
will improve. Embargoes have been
pretty well worked out as a bear fac
tor. A new bear feature is the advance
in war rate risks. Neither Of these
will, however, decrease the foreign de-
mand for, our grain and. onNthat ac-
count. we shall probably continue to
find it profitable to buy wheat on
breaks.
Corn-There is little change in the
puzzling situation in corn. While
quantities, they are unable to secure
cars. Foreign demand is still attrac-
tive, and news from this source is bull
ish. The high price and anticipated
heavy receipts have been the undoing
Of the bears for months. A trading po-
sition is advisable until a heavier
movement from first hands is in sight.
Oats-The volume Of trade in oats
was somewhat reduced, and the trend
of the market showed little independ-
ence. There was buying by cash in
terests on the break early and, as has
been the case for some time, the bulk
OF the selling came from speculative
traders who have no oats to sell. A
bullish position will probably develop
in May oats before spring, but in the
meantime, heavy stocks VIII tend to
check buiges.
Grain Review.
UNITED Press Leased Wire Service.1
CHICAGO, Dec, 11.-Wheat fell of
today after a sharply higher opening.
Buying was good at the start. but free
offerings soon caused a decline. AT
noon prices were below Saturdays
close. December was down 2 below
today's opening at 165; May down IN
at 175R and July down 1 at 14sA.
Corn opened higher, but flattened
out on liberal selling, going about one
point below Saturdays close. Recon
berEwas down 1s from the opening nc
90N; May down IN and >92A; July
down LIS and 92M.
Oats were weak. December un.
changed 62ss; May down u at 56h
and July down " at 53ss.
Provisions were lower.
Chicago Estimates for Tomorrow.
FURNISHED by Long Commission Co.,
403- Main. Telephone No. 35O-351.]
Hogs, $4,000; cattle. 1000; sheep.
$4,000; wheat, ioS; corn. 4s9; oats,
341.
liverpool Close.
Wheat. up; corn, 2 UP.
ciearances.
Wheat and flour, 100000; corn,
none; oats. $4,000.
Northwest Wheat Receipts.
Minneapolis, S37 cars: Duluth, LII
cars; Winnipeg, LIZA cars.
Chicago Cash Grain.
SdlCAIO, Dec. -WQeat-NO. 5
red, s1.65@1.73; No. hard, s179.
Corn-No. 2 yellow, 94c; NO. vel
low, 921a @94Ac; No. 4 yellow, 91@
93c; No. oyellow. 90491c; No. 6 yellow
.90Q911sc: No. white, 94@941sc No.
g white. 92A @94Ac; No. 4 white,
90Ac; No. white, No. white. 9Cc;
NO. mixed, 93a Q94c; No. mi ...d.
Sck@94Ac; No. mixed, 9OAQ
$3.50; No. mixed. 90Q92kc.
Gais-No. 3 white, 53h oslo: No
4 white, 53A Oslo; standard, SAG
.54Ac.
Kansas City Cash Grain.
Furnished by Long Commission Col
KANSAS CITY, Dec 11.-Wheat-
No. 2 hard. new, $1.77@1.79; No. 3
hard, new, sL76@1.77; No. hard,
new, $1.72@l75; No. 2 red, new,
SITS; No. red, new, $1.68@1.75;
No. red. new, s160@172.
Corn-No. 2, sec; No. 8. sec; No. 2
yellow, Gle; No. 3 yellow, 9Oc; No. z
white Gle; No. 3 white, 90@90Ac.
Oats-No. 2, 54A@55Ac; No. 3,
53k @541ac; No. 2 white, SEC; No. 3
white, 55k@56c.
ST. Louis Cash Grain.
Furnished by Long Commission Col
ST. LOUIS, Mo-. Dec. 11-Wheat-.
No. 2 red. new, $1.s0@1.82; No. 2
hard, old, $1.79@ .184H.
Corn-No. 2, 92c; No. 8, 90k@