The daily Gate City and constitution-Democrat. (Keokuk, Iowa) 1916-1922, 1916-09-11
Late Market Quotations

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LONG Commission co. Grain Letter.
Furnished by Long Commission Co.
400 Main st. Telephone No. 1901
CHICAGO, Sept. 11.-Wheat-A
strong start in wheat attracted heavy
realizing and by midday prices were
under Saturdays close. The repeti-
ton day by day Of the same bulltsh
news has resulted In stale market
and today's setback Is cleaning out 9
good many longs who overstayed their
market and timid holders who had
stops placed around their purchase
price. Exporters and foreigners
bought both cash wheat and futures
and It Is expected that liberal export
business will be reported as the result
of today's decline. The visible sup.
ply has started to decrease and the IL
recticn Of the movement would 1nd1-
cate that the decreasing tendency VIII
continue. The principal interior
points, that usually increase at this
season, generally show. decreases.
while the biggest increases are at sea-
board points and on the lakes. A
gradual firming Of the cash markets Is
expected to result in irregularly high.
or values.
Corn-Traders who are not closely
In touch with the country find that
late corn Is showing great improve
ment and consequently they were free
sellers today. AS was anticipated,
last weeks bulge has resulted In an
increased run of corn and today's re-
ceipts were difficult to sell at sharply
lower prices as compared with Satur-
day. II weather conditions continue
favorable, it is hardly reasonable to
expect a bull market In corn for sew
eral weeks.
oats-Heavy receipts and further
large accommodations OF cash oats to-
gether with the weakness in corn,
brought heavy selling here today. The
break, however. reached export bids
and sales were large Il would be
well to avoid the selling side on
breaks.
Grain ReAe~.
UNITED Press Leased Wire Service.1
CHICAGO, Sept. 11.-Stong selling
pressure halted q sharp rally in
wheat prices after steady opening
today. The market scored fractional
gains a few minutes after the start,
but dropped when bears threw con-
siderable wheat on the market. Sep
tember was down below the opening
III at 151k, December down V at
1853 and May down u at 1874.
AN overbought market combined
with favorable crop reports from
Iowa and Illinois tumbled corn values
from rs cents to Q cents. September
was down cents at Ssh; December
down III at 721s and May down Is
at 1873.
Oats opened low and continued
downward on weakness in other
grains. September was down rs at
45M, December down / at 47H and
May down " at 5O1k.
Provisions were lower in sympathy
with a weak hog market.
Chicago Estimates for Tomorrow.
FURNISHED by Long Commission Co.
403 Main Telephone No. 1901
Hogs, 10000; cattle. 5000; sheep,
II 900; wheat, 1853; corn, $50: oats.
534.
Liverpool close.
Wheat, easy, 1@3 lower; corn, I'M,
changed to n up.
cIeannees.
Wheat and flour, 1901, 600; corn,
2Os, 900; oats, 100000.
Northwest Wheat Receipts.
Minneapolis, $40 cars; Duluth, I52
cars; Winnipeg. 275 cars.
Chicago Cash Grain.
CHICAGO, Sept. 11.-Wheat-No.
red, $1.54A; No. red, $1.50A@
1.54h No. hard, $1.55A@1.64A;
No. hard, $151@156.
Corn-No. 2 yellow. s511@s7Ac;
No. yellow, s40s6c; No. S yellow.
82@83c; No. 6 yellow, 74h0sSc; No.
2 white, 85A @87c; No. 8 white, SAC
sec; No. 4 white, 821s@S3c; No. 5
white, SOQS1c; No. white, 1910
79c; No. 2 mixed, 85h@87hc; No. :
mixed, 84@85c; No. mixed, 80h@
s3c; No. mixed, 76@79c.
Oats-No. white, 43h@44Ac; No.
4 white, 45h@47c; standard, 45h@
47c.
st. Louis Cash Grain.
Furnished by Long Commission Co.,
4O3 Main. Telephone No 1901
ST. LOUIS. Mo-, Sept. 11.-Wheat-
No. red, new, $1.65; No. 3 red. new.
s1.55@1.60; No. hard, old. $1,000
1.64
Corn-No. 2. 86@861kc; No. 3, s5c;
No. yellow, sc; No. white, 871kc;
No. 3 white, s60s6hc.
Oats-No. 2, 45hc: No. 3, 4411@
45c; No. 2 white. 47kc; standard, ~
Q47hc; No. 3 white, 46@ 46kc; No.
white, 45@45k Nc.
Kansas City Cash Grain.
Furnished by Long Commission Co.,