The daily Gate City and constitution-Democrat. (Keokuk, Iowa) 1916-1922, 1916-10-05
Late Market Quotations
Long Commission Co. Grain Letter.
Furnished by Long Commits sion Co.

| Furnished by Long Commits sion Co.,
403 Main st. Telephone 1901
| CHICAGO, Oct. 5.-Wheat-New
high levels were made in wheat early
today on large volume of buying by
cash houses and by those in close
touch with the Argentine situation.
At the new high level, profit taking
sales OF large volume were the fea-
ture. Late adyices from the Argen-
tine indicate that crop conditions
there are becoming more serious and
this, around noon. held the market
steadier at decline OF about one
cent from the high point Export
business yesterday was larger than
reported. and big trade is likely to
be announced little later today.
Omaha claimed very large sales.
Some setback from the high point to-
day would naturally be expected and,
IL it occurs, investors should take adj
vantage Of it to make fresh pur-
chases.
Corn-Reports of sales Of 100000
bushels of corn for export and the
strength in wheat, were factors In
an advance to new high levels for
corn. Foreign governments were the
best buyers of the cash article. On to-
days advance there was consider
able volume of buying by shorts and
thereafter, the market was easier,
but still we'll above yesterdays close.
For some, reason or other, the trade
regards corn prices at this level as
much out of line, and there seems to
be disposition to sell it short on
minor rallies. The present supply
and demand situation in foodstuffs
the world over does not warrant low
priced corn and it therefore seems
advisable to buy it on breaks
Oats-Cash oats held strong and
the futures sympathized with corn
and wheat. Elevator interests bought
December and sold May. There is
less danger on the long side of oats
around these levels will eventually
prove profitable.
Grain Review.
UNITED Press Leased Wire Service.l
CHICAGO, Oct 5-December wheat
went to 1904 today. the record for
the season. May wheat opened high
er, but declined on liberal selling.
Unfavorable reports from Argentine
continue, but are counteracted by
the feeling that they are somewhat
exaggerated. December was later
down u at 1875; May down n at
1924.
Corn made fair gains on good buy
ing. December up rs at 1875; May
up % at 7Sk.
Oats fell slightly on liberal offer
ings. December was down A at 1919;
May down " at 521s.
Provisions were steady, except De-
cember and January pork, which were
sharply higher.
Chicago Estimates for Tomorrow.
Furnished by Long Commission Co,
4O3 Main Telephone No. 1901
Hogs, 10000; cattle. 5000; sheep,
$4,000; wheat, so; corn, 1874; oats, 229.
Liverpool Close.
Wheat, strong, k@11s higher;
corn, firm, unchanged, " up.
cIearanees.
Wheat and sflour, $4,000; corn,
none; oats. $4,000.
Northwest Wheat Receipts.
Minneapolis, sos cars; Duluth, 12S
cars; Winnipeg, IT'S cars.
Chicago Cash Grain.
CHICAGO, Oct 5.-Wheat-No. 2
red, $1.62A @1.631a; No. 3 red, s15S
@1.59A; No. hard. s164A @1.65B;
No. hard, S1.60@1.63; No. 3 spring,
s1.67.
Corn-No. yellow, ssh@9Oc; Nd.
3 yellow, S9A @S9kc; No. 4 yellow,
SS@sSkc; No. 5 yellow, s6h @Ssc;
No. yellow, E1s@s6c; No. white,
soc; No. 8 white, $50 @S9kc; No. 4
white, 8S@SSAc; No. white, $50
SSc; No. 6 white, SEC; No. 2 mixef,
1914 @90c: No. 8 mixed, SS1a @S91sc:
S6Q88c; No. c mixed s4k @86c
Oats-No. 3 white, 4S@43kc; No. A
white, 47A Case; standard, 4sh 49c.
ST. Louis Cash Grain.
Furnished by Long Commission Co.,
400 Main. Telephone No. 1901
ST. LOUIS, Mo, Oct. 5.--Wheat-
No. red. new. s1.64@1.72; No. 3 red,
new. $1.57@I5s; No. 2 hard. old,
s162k @1701s.
Corn-No. 2, s2@9sc; No. 8, s1@
91kc; No. 8 yellow, 92@921kc.
Oats-No. 2, 4Sc; No. 3, 47947hc;
No. 2 white, 491kc; standard, ACC;
No. white, 4S@4s1sc.
Kansas City Cash Grain.
Furnished by Long Commission Co.,
403 Main. Telephone No. 1901
KANSAS CITY, Oct. 5-Wheat-I
No. hard, s15991.66; No. 8 hard,
s157@1.63; No. 4 hard, s13901.57;
No red, s1.6a; No. 3 red, s155; No.
red, s1.50.
corn-No. ?. ssc; No. 3, s2h@ssc;
No. 4, SIC; No. 2 yellow, sec; No. 3
yellow. s49s41sc; No. 4 yellow, SEQ
Sac; No. 2 white, SAC; No white,
so1a oslo; No. 4 white, S29 SIC.
Oats-No. 2, 45k44615c: No. 8.
441a q 451ac; No. 2 white, 47c; No. 8
white, 45946c; No. white, 4504ec.
Peoria Grain.
PEORIA, H., Oct. 5.-Corn-Mar.
ket &c higher. No. 8 white, No. 8 yell
low, No. 8 mixed, s915c; No. vel.
low, No. mixed, GOO.
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