The daily Gate City and constitution-Democrat. (Keokuk, Iowa) 1916-1922, 1916-04-26
Late Market Quotations
Long Commission Co., Grain Letter.
FURNISHED by Long Commission Co.,

FURNISHED by Long Commission Co..
4O3 Main. Telephone No. 1901
! CIlICAGO, April 26.-Wheat-The
opening this morning was slightly
higher than last nights closing fig
ures with only moderate range. Some
selling was credited to spreaders be-
tween this market and Winnipeg and
some selling of July against purchases
of May by elevator interests which en-
couraged local traders to press the
short side Of July. Commission houses
were liberal buyers on the depressions.
Reports suggested by both winter and
spring wheat crop conditions were bull
l1ish. Shortly before noon numerous re
ports of damage by insects were re-
ceived from Oklahoma and today'a
high point was reached. The Price
Current was mixed, reporting slight
reduction in abandoned acreage OF
winter wheat, but forcasted sharp de-
crease in spring wheat acreage. Set
backs from sentimental causes should
be taken advantage of, on account OF
the spring commercial situation which
DIS developing to purchases OF deferred
futures.
Corn-The same interests which
have been buying May corn continued
to absorb the surplus offerings today
and this, with good cash demand and
buying by large elevator interests.
helped work the price upward. Local
traders who were short, also helped to
make sharp advance by buying to
cover their contracts Slightly IN
creased country offerings were paid
little attention to. Both Kansas City
and Chicago reported export business
worked, and bids in market for more
on working basis. The new cash sit
uation has created quite a change in
local sentiment
Oats-Export and domestic demands
for oats continue good and cash inter-
ests are absorbing the May delivery
In such quantities as to confirm the be-
lief that no liquidation will occur to
force prices sharply lower. Invest
ment buying is good and going over
to the July deliveries. Crop conditions
will be the important factor. but 1t is
too early to ascertain progress OF the
growing crop.
Price Current says: Moisture gem
orally ample and cool weather has
kept winter wheat to steady growth
Loss by winter killing largely confined
to lake states and Missouri and Texas.
Total area loss around 100000 acres
as indicating yield winter wheat
about 525,O0O,O0O bushels. In spring
wheat territory. especially in the Da-
kotas and northern Minnesota, excess
sive rains and cool weather will cause
perhaps three million acres loss, leav
ing seven million acres to be seeded.
Assuming that planting will be pos
sible this week. Oats seeding pretty
well completed.
Chicago Estimates for Tomorrow.
Furnished by Long Commission Co.,
4O3 Main. Telephone No. 1901
Hogs, $4,000; cattle, 5000; sheep.
|13, 600; wheat, SO; corn. 1870; oats.
1854.
Liverpool Close.
Wheat, unchanged to lower; corn.
unchanged.
CIearances.
Wheat and flour, 557 900; corn. 1885,
600; oats, $4,000.
Northwest Wheat Receipts,
Minneapolis, JIG cars; Duluth, 2
cars; Winnipeg, 164 cars.
Chicago Cash Grain.
CHICAGO, April 26.-Wheat--No.
red. s12001.21; No. red. s1.13&Q
LIT; No. hard, $1.16k @1.17; No. 8
hard. s1.13@1-14;. No. 3 spring. sl.iO
@1.165s.
Corn-No. yellow, 7s@7Shc. No.
3 yellow. 77@77kc; No. 4 yellow. IA
@75c; No. 5 yellow, 71h@73Ac; Nc.
6 yellow, 69971lac; No. 2 white, IT'S
@78Hc; No white, 76@777sc; No.
4 white, TAN 0741ac; No. 5 white,
Tic; No. white, 6S@71c; No. ? mixed
76077Ac; No. a mixed, TAN @75c;
No. 5 mixed, 71hc.
Oats-No white, 44k @45c; No. 4
white, 431a @44kc; standard, 45hQ
Acc.
Kansas City Cash Grain.
KANSAS CITY, April &c. Wheat
No. 2 hard. s1Os@114; No. hard,
s1.06@113; No 4 hard, s1.02@1.05;
No. 2 red, s112@1.17; No. 3 red,
S106@11O; No. 4 red, 94c9$1.05.
Corn-No. 2, 71h@71Ac; No. 8,
7O1a @71Hc; No. 2 yellow, 73c; No.
yellow, II NC; No. yellow, 71A@
TIC.
Oats-No. 2, 40Q41c; No. 3, 35@
39c; No. 2 white. 431z @444c: No.
white, 3S@4Oc.
Peoria Grain.
PEORIA, H., April 26.-Corn-No. 4
white, 731hc; No. yellow. 76Ac:
No. 4 yellow, 72a@73c; No. 5 yellow,
71@71Ac; No. 3 mixed, 73Ac: No. 4
mixed, 72k 073c; No. mixed, Tic;
No. mixed, 717Ac.
Oats-Market unchanged. No.
white, 43Ac; No. white, 4214c.
ST. Louis Cash Grain.
Furnished by Long Commission Co,
400 Main. Telephone No. 1901
ST. LOUIS, Mo-, April 26.-Wheat
No. 3 red, new, $1.09Q115h; No. 3
hard, old. $1.0991.11.
Corn-No. 2, 75kc; No. 3. 74c; No.
3 yellow, 75Q75kc; No. white, 75k
A