The daily Gate City. [volume] (Keokuk, Iowa) 1855-1916, 1916-03-17


cent steady advance IN wheat prices
has almost eliminated the short in
! terest and the market this morning
WAS ready to respond readily to boar
news from abroad. There was .
sharp break in prices at the opening
and another downturn soon followed
with only a moderate recovery and
only very moderate supply Of rest
| ing orders to take the wheat offered.
Recovery on these dips are caused
| by over enthusiasm on the part OF
local traders. Damage reports were
given less attention this morning
than heretofore Liverpool gave no
definite reason for their weakness.
No news Of importance in the worlds
political situation Worlds shipments
were given as about 15,G00. 900
bushels.
Corn-Corn was Influenced by weak
ness in wheat and lower cables. A
| considerable volume Of selling was
credited to local bears Elevator In.
rerests bought the May and sold the
July at cent spread. The movement
to primary points continues Larger
than last year and shipment not large
enough to prevent some accumulA-
tons.
Oats-The oat market did not fully
Commission houses were moderate
buyers. Unlike corn. oats are NOV
| ing ont In considerable volume both
from primary points and from the
seaboard.
Modern Miller says: Today thou
sands Of acres Of wheat have been
and are being plowed up and will be
seeded to other grain crops. In CEN
trail states growing weather In several
points show weakness Of stand and
all indications are That considerable
area will be abandoned. Reports from
growing area are distinctly unfavor-
able. Reports OF winter kin and weak
stand are coming from southern Kan
sas, Missouri, Illinois and Indiana.
Kansas hard wheat area is fair.
Grain Review.
UNITED Press Leased Wire Servtce.]
CHICAGO, March 17.-Lower cables
caused a sharp decline in wheat to-
day. May sold at 1898. 1ss down
from lower start, and July at 107k,
a cent lower than the opening.
Corn was lower. inspired by the
weakness in wheat May sold freely
at 75A, and July at 1854.
Oats shared in the slump, May SELL
ing "a down at Az, and July u
lower at 4312.
Provisions were lower on the de-
cline in hogs.
Chicago Estimates for Tomorrow.
FURNISHED by Long Commission Co.,
4o3 Main. Telephone No. 1901
Hogs, $4,000; cattle, 200; sheep, B.
600; wheat, 27O: corn, 1853; oats. 1872.
LjvernooI Close.
Wheat, 265 lower; corn, 1h o.
lower.
cIearances.
Wheat and -four. 1,243.00o; corn,
1872, 900; oats, $4,000.
Northwest Wheat Receipts.
Minneapolis, 500 cars; Duluth, es
CATS; Winnipeg, 491 cars.
Chicago Cash Grain.
CHICAGO, March 17.-Wheat-No.
g red, s1.0sA: No. 2 hard, $l1oss;
No. hard, s1.o691.o8A.
Corn-No. 3 yellow, 72Ac; No.
yellow, 7oa4c; No. 5 yellow, 66@ roc;
No. yellow, s4@65c: No: 4 white,
No. 3 mixed. 75Z @751ac; No. 3
mixed, 71972Ac; No. mixed, $50
zoe; No. S mixed, 6506Sc; No. 6
mixed, 611ac.
oats-No. 3 white. 41@42c: No.
white, 43@45c; standard, Az @ 43c.
Kansas City Cash Grain.
Furnished by Long Commission Co.,
4o3 Main. Telephone No. 1901
KANSAS CITY, March 17.-Wheat
No. 2 hard. s109; No. 3 hard, s1.02
@1.o3: No. hard, 9Sc@$1.01; No: 2
red, s1.o5@111; NO. 3 red. $1,000
LOG; No. red, 95c@$1.01.
Corn-No. 2, ssA $3.50: No. 8.
low, ssh96sc; No. 2 white, $50
sehc: No. white, 67067Ac.
Oats-No. 2. 41@43c; No. 3. $50
40c; No. 2 white, 45@ 46c; No. 8 white
AN @44kc.
Peoria Grain.
PEORIA, ILL.,, March 17-Corn-i
Market unchanged and 1c lower. No.
S white. 6Shc: No. white, No. 6 yel- |
low, No. 6 mixed, e31c; No. vel |
low, TIC bid; No yellow, 7oAc;. No.
yellow, 66h@67c; No: mixed. |
70hc; No 4 mixed, 6s969c; No.
mixed, 65h @66kc.
Oats-Market 1@1Ac lower. No.
white, AZ. |
St. Louis Cash Grain.
FURNISHED by Long Commission Co,
4O3 Main. Telephone No. 10O.]
ST. LOUIS, Mo-, March 17.-Wheat
NO. 2 red, new, s114@1.17; No.
red. new, S1.0s@1.11.
. Corn-No. 2, 73c: No. 8. 7o972c;
No. 3 yellow. 73c; No. white, TIC; !