The daily Gate City and constitution-Democrat. (Keokuk, Iowa) 1916-1922, 1916-08-25
Late Market Quotations
Long Comm Ission CO. Grain Letter.
Furnished by Long Commission Co..

Long Commission CO. Grain Letter.
Furnished by Long Commission Co.,
400 Main st. Telephone 1901
CHICAGO, Aug. 25.-Wheat-The
wheat market today demonstrated the
futility OF selling wheat short when
cash wheat is so difficult to secure
The truth about the cash market
proved so strong a counterbalance to
logged short selling on the part OF 2
small coterie of bears and number OF
bulls who had sold out and were
hoping for good break that by mid
day prices were well above last nights
close and the market firm. It should
be remembered that Chicago handlers
are bidding Decomber prices for new
wheat to arrive and that export and
milling demands is SO good. and pre-
miums SO high, that the old wheat In
store here which few weeks ago
was going begging, is now being sold.
The situation grows more bullish.
Corn-Corn, which has been in q nut
for several weeks, finally moved today
with a greater show Of strength. A
humber OF large traders who have tax
en- profits in wheat and who are I'M
pressed with the bullish crop re-
ports are disposed to invest In corn
at prices about half those Of wheat.
Private reports from Kansas tend. to
confirm early estimates of less than
half a crop. The cash demand, while
limited by car shortage, is good. The
buying side on breaks seem advisable.
Oats-Confirmatio OF frost dam
age to oats In the northwest and IN
Canada, and further buying by cash
houses, credited to export business,
were features in further advance In
prices. A large cash business will
probably be given out later In the day.
Grain Review.
CHICAGO, Aug. 25-Heavy selling
on an early advance was responsible
for a drop Of y Of q cent in May
wheat today. Other futures made fur
Their gains on strong cables and good
buying demand. September was up
above the opening / at 1917; Decem'
Der up Is ct 1925 and May down Y 1t
155.
Corn advances at the opening were
offset by dip which tumbled prices
fractionally. September. December
and May were down " at ssh. 74h
and 1874 respectively.
Oats were higher on the early ad-
vance in wheat and strong buying
held the market up. September was
up n at 46A; December up q 1t
49s and May unchanged at 52A.
Provisions were higher on q strong
hog market.
Chicago Estimates for Tomorrow.
FURNISHED by Long Commission Co.,
403 Main. Telephone NO. 1901
Hogs, $4,000: cattle. 500; sheep.
5000; wheat, ITO; corn, SO; oats. 6o0.
Liverpool Close.
Wheat, " lower, u up; corn, ~
/ up.
cIearances.
Wheat and flour. .S6S00O; corn, 49,
900: oats, $4,000.
Northwest Wheat Receipts.
Minneapolis. 292 cars: Duluth. 30
cars; Winnipeg, 272 cars.
Chicago cash Grain.
! CHICAGO. Aug. 52.-Wheat--No. 2
red. $1.52h; No. 3 red. S1.4SA @
1.51k; No. hard, $1.53k @1.54za;
No. hard, $1.51h @1.63.
Corn-No. yellow, s7Ac; No. 8
yellow, S7@s7Ac; No. yellow, S3hc;
No. 8 yellow, 83c; No. white. S7h
@s7Ac; No. white, 86hc; No. 4
white, S5Ac; No. 5 white, 83hc; No.
s white, S211c; No. 2 mixed, s6A@
SIC; No. 4 mixed, S3hc; No. mixed,
Sl1hc; No. 6 mixed, 73@S0c.
Oats-No. white. 461k@47c No. 4
white, 46@46hc; standard, 47@47hc.
Peoria Grain.
PEORIA, ILL.,, Aug. 5.-.Corn-Mar-
ket unchanged, lie lower. No. 2 white,
No. 2 yellow, S51kc; No. / yellow,
sec: No. 8 yellow, No. 3 mixed, 8411c;
No. s yellow. s1h@S2hc; No. 4
mixed, s3hc; No. S mixed, S1hc.
Oats-Market steady. No. white,
45c; standard. 45hc.
Kansas City Cash Grain.
FURNISHED by Long Commission Co.,
4O3 Main Telephone No. 1901
KANSAS CITY, Aug. 25.-Wheat-
No. hard. $1.4s@1.53; No. 3 hard.
s1.44@1.53; No. hard, $1.40@1.50;
No. 2 red, $1.4S@1.5S; No. red.
$50; No. 4 red. $1.32@1.50.
Corn-No. 2, 81@82c; No. 3. SIC;
NO. a, 6l2ci NO. ycAow' ooVo17z
No. yellow, S29S3c; No. yellow.
s0h@s2c; No. 2 white, S2kc; No. 3
white. SIC; No. white. s00S1hc.
Oats-No. 8, 46@47c; No. 2 white,
461kc: No. 4 white. 43@45c.
st. Louis Cash Grain.
Furnished by Long Commission Co.,
4O3 Main. Telephone No. 1901
ST. LOUIS, Mo-, Aug. 2e.-Wheat-
No. 2 red, new, $1.5201.62; No. 8 red.
new, s1.48@1.56; No. 2 hard. old,
S1.52@1.59.
Corn-No. 2, S4h@85c; No. 3, SAC;
No. 8 yellow, 85hc; No. !? white. S5c;
No. white, 84@84kc.
Oats-No. 2, 44@44hc: No. 8.
43hc; No. white. 47c; standard,
46a4c; No. 8 white, ASH 046c; No. a
white, 44045kc.