The daily Gate City and constitution-Democrat. (Keokuk, Iowa) 1916-1922, 1916-08-31
Late Market Quotations
Long Commission Co, Grain Letter.
FURNISHED by Long Commission Co.,

4US Ma1n 81. I0l6puoH0 lUV.J
4 CHICAGO, Aug. 31-Wheat-Wheat
surprised even the bulls today by re-
acting quickly from an opening break
and regaining all OF yesterdays loss
by mid day. The buying was on q
very large scale and was credited to
export and cash interests, as well as
to better feeling In speculative cir
cles. A recovery In values on rail-
in the stock exchange, gave greater
confidence in an amicable settlement
of the railroad dispute. Up to noon
export sales of wheat via the gulf
were estimated about 5000. 900 bushels
and the total viii probably greatly ex-
coed that amount. It is impossible to
foresee the outcome of the present in
dustrial disturbance, but whatever
happens in the political or business
be reflected in much higher prices be-
fore another harvest.
Corn-The early action Of wheat
and an admission of an error of nearly
200 million bushels by the expert
who yesterday estimated the corn
crop at less than two and half bill
their effect was only temporary.
withdrawal from the cash market of
one of the largest industrial buyers.
The speculative market, however, was
oversold and advanced easily with
wheat. Crop reports are for the
most part bullish and only moderate
yield may be expected. Export sales
of over 100000 bushels we're re-
ported over night, and inquiries for
larger quantities were in the market
Oats-Although the prospect is for
heavy deliveries on September con-
tracts, which held the current month
in check, the distant months advanced
with wheat. The cash demand has
slackened up somewhat on account Of
railroad conditions, but as soon as
this clears up, there Is prospect of
renewed export buying. Purchases on
breaks seem warranted.
Grain Review.
CHICAGO, Aug. 31.-Strong buying
strike news rallied the wheat market
trade was light on account OF the
uncertainty Of shipments. September
was up above the opening IL at
14Os4; December up / y at 144as. and
May up rs at 146A.
Corn prices were lower at the OPEN
ing, in sympathy with wheat, but
broke sharply upward on good buy
ing later. September was up ss at
85A; December up A at 1915. and
May up u at 76h.
Oats followed the trend Of the other
grains. September was up " at
43s4; December up v at 467s. and
May up rs at sos.
Provisions were higher on strong
hog market.
Chicago Estimates for Tomorrow.
FURNISHED by Long Commission Co..
4O3 Main. Telephone No. 1901
Hogs, $1,000; cattle, 1000; sheep.
$4,000; wheat. 81; corn, 1876; oats. 1913.
Liverpool Close.
Wheat, unchanged. l up; corn, "
az lower; oats. none.
ciearances.
Wheat and flour. 2.o52,0Oo; corn,
Northwes. Wheat Receipts.
Minneapolis, 241 cars; Duluth, rs
cars; Winnipeg, 2.5 cars.
Chicago Cash Grain.
CHICAGO, Aug. -Wheat-No. 8
red, $1.41A @1.41B; No. 2 hard.
$1.43h; No. hard. $1.40.
Corn-No.. 2 yellow. 85% @S6Ac;,
No. yellow, S4h@S5Ac No. 4 yell
low, SAC; No. 2 white, 85as@86Ac;
No. 3 white, 84kQ85c; No. 4 white.
SEC; No. mixed, 85085Ac.
Oats-No. 3 white. 42h@43.Nc.. No.
a white, 41A@42c; standard. 43V
445sc.
st. Louis Cash Grain.
Furnished by, Long Commission Co.,
403 Main. Telephone No. 1901
ST. LOUIS, Mo-, Aug. 31.-Wheat-
No. 2 red, new, $1.50@1.53h: No. 3
red, new, $14oG1.54; No. 2 hard. old,
$147h @1.51.
Corn-No. 2. s4A@s5c; No. 8. sac;
No. yellow. 851zc; No. 2 white. s5c;
No. 3 white, SAC.
oats-No. 2, 45M@4sc; No. 8.
45hc; No. white, 501hc; standard
49kc; No. 8 white. 4s@49c; No. 4
white, 470474c.
NanSd6 lily SdSn 1TNIU.
Furnished by Long Commission Co.,
4O3 Main. Telephone No. 1901
KANSAS CITY, Aug. 31.-Wheat-
No. 2 hard. $1.39@1.46; No. 3 hard,
s1.35@1.43; No. hard, $1.S1@I36;
No. 2 red, s1.4601.48; No. 8 red,
$1.36@1.40; No. 4 red, s1.32@1.36.
Corn-No. 3, 80A @81kc; No. 3,
soc; No. 4, 780T9hc; No. 2 yellow.
SIC; No. yellow, sic; No. 4 yellow.
S0@s9kc: No. 2 white, 81081hc;
No 3 white 80k oslo; No. white,
79@80c.
Oats-No. 2, 46@4szc; No. 3. 45@
47kc; No. white, 47@471ac; No. 3
white, 451kc; No. white. 45c.
Peoria Grain.
PEORIA, ILL.,, Aug. 31-Corn-Mar-
ket 1c lower No. 2 white, SIC; No.
2 yellow, san @S5c; No. yellow, No.
2 mixed, No. 8 mixed. 841ac; No.
ya1Jouy No A rniYed Q2n. M < vol.