The daily Gate City and constitution-Democrat. (Keokuk, Iowa) 1916-1922, 1916-09-25
Late Market Quotations
Long Commission Co. Grain Letter.
[ Furnished by Long Commission Co.,
400 Main St Telephope 100.

Long Commission co. Grain Letter.
FURNISHED by Long Commission Co.,,
4O3 Main st. Telephone 1901
CHICAGO, Sept. 25.-Wheat-
Wheat opened sharply higher, the de-
livery making new high figure on
the crop. Persistent selling through
out the day by longs and local bears
was sufficient to offset the invest
ment buying that came in small
scattered way, though some OF it was
and seaboard interests. Dry weather
in the Argentine is the bullish factor
that is attracting a good deal of at
tention. Many are overlooking the
fact that important winter wheat ter
RORY in the United States is suffer
ing from drouth and that winter
wheat acreage is consequently being
reduced on account OF inability to
plow. The liberal receipts which
have been coming to market this year.
as compared with those of q similar
period last year are being cited as
bearish, but it should be remembered
that high prices and favorable wealth
er during harvest have made such
movement possible and that a very
large deficiency may be expected from
now on as compared with the move
ment in previous years.
Conan early bulge in corn met
heavy selling in all deliveries. The
leading long had September for sale
on bulges. Speculative feeling is
bearish at the moment. and some
further setback may be expected.
Crop news. however, does not war
rant selling except on good bulges.
Oats-Stocks continue to pile up at
terminal points, encouraging bear
pressure. Large quantities of oats
are held here and have been ever
since May on account of the inability
of eastern owners to secure cars.
While the load is probably too great
for the bull at the present time, the
relative cheapness Of oats and the
increased demand which a partial
crop in Canada will bring to this coun-
try. will eventually mean higher
prices.
Grain Review.
UNITED Press Leased Wire Serv1ce.1
CHICAGO, Sept. 25.-Wheat fell
slightly after high opening followed
by heavy buying which free selling
did not seem to diminish. Sales fell
off later. September dropping one
point below opening at 1541a. Deem
Der down x at 1868 and May down
70 at 1861.
Corn held steady, due to scattered
buying on higher opening. Septem-
Der was down " at 8S; December
down - at 1875. and May down n
at 76N.
Oats had only fair demand, Sep
a az
cember down n at SOS, and May
down II at son.
Provisions remained steady.
Chicago Estimates for Tomorrow.
FURNISHED by Long Commission Co.,
4OS Main. Telephone No. 10O.1
Hogs, 10000; cattle. 5000; sheep,
$4,000: wheat, FOL; corn, SOL: oats.
3SS.
Liverpool Close.
Wheat, unchanged. IA up; corn,
strong. 2@2h up.
ciearances.
Wheat and flour. 1,650.O0 corn,
none; oats. 351, 600.
Northwest Wheat Receipts.
Minneapolis, 1888 cars; Duluth, l95
cars; Winnipeg, 462 cars.
Chicago Cash Grain.
! CHICAGO, Sept. 25.-Wheat-No. 2
red, $1.59M; No. red, $1.53@1.57a Is;
No. 2 hard, s1.5SA @1.60A; No. 3
hard, $1.64.
Corn-No. yellow. s7h@ssc; No.
8 yellow. 85A@S6hc; No. 4 yellow,
oIk@82hc; No. yellow, soc; No. s
yellow, 75@S1c; No. 2 white, 87M@
881sc; No white. S5@S6c; No. 4
white, 8Oh 082c; No. 5 white. 79c;
No. white, 75@77c; No. mixed. 81
@Ssc; No. 3 mixed, 85Q85hc; No.
mixed, SIC; No. mixed, 78079c; No.
5 mixed. 76Q7Sc.
Oats-No 8 white. 47@48c; No. 4
white, 46A@47kc: standard. 47A@
48hc. AKA
ST. Louis Cash Grain.
Furnished by Long Commission Co.,
400 Main. Telephone No. 1901
ST. LOUIS, Mo-, Sept. 25.-Wheat
No. red, new, $1.65; No. 8 red.
new, s1.59@1.60; No. 2 hard. old.
s1.60@1.72.
Corn-No. 2, S5@S5hc; No. 8, SAC;
No. yellow. S5QS5kc; No. 2 white,
87@S7hc; NO. 3 white, SEC.
Oats-No. 2, 461ac: No. 3. 1910