The daily Gate City. [volume] (Keokuk, Iowa) 1855-1916, 1916-01-10
Late Market Quotations

Long Commission Co. Grain Letter.
FURNISHED by Long Commission Co,
1924 Main Telephone No. 1901 &
CHICAGO, Jan. OBSERVATION-DISCLOSURES
no news Of any influential kind
developed this morning in wheat,
the market has had comparatively
narrow range and has been largely
local. The visible supply has not In
creased as much as expected and the
total has not as yet crossed last
years figures. The car situation has
kept down large part Of accumu-
lation at western points, while grain
in transit at the seaboard has prob
ably decreased considerably, In spite
of complaints of car shortage. The
clearance for the week were very
large, from America. and are likely
to keep so. There will undoubtedly
be an effort made to bring at least
some wheat from Australia even at q
higher rate Of freights to discourage
overcon6dence In some Of our cash
grain houses. Patience 10 the chief
requisite of investment interests in
wheat at any time and this IL es-
pecially tue at this time. altogether
thore are very good reasons to believe
that such patience will be very we'll
rewarded before the end OF the crop
year.
Corn-A wave Of buying opened the
corn market higher, and the high
level has been maintained most all
the session. The volume Of receipts
arc Of poor corn. Warehouse inter
ests have been buying the No. 4 and
the better grades. while Industries
have taken the sample grades. leav-
ing the and 6 grades for the ship
ping demands which exist. Prospects
Of cold weather promise lar<r
movement.
Oats Oats were higher with corn,
but not disposed to advance to any
great extent Current receipts are
largely Of low grade oats, many Of
these receipts being bin burnt oats
and these are not In good demand.
The excess Of low grade grain re-
ceipts especially. oats are likely to
bring a better demand for the better
grades in store. The primary re-
ceipts have been very liberal How
ever, there was slight decrease in
the visible supply.
Grain Review.
UNITED Press Leased Wire Service.
CHICAGO, Jan. 10.-Sharp upturns
In northwest wheat markets, sent
shorts scurrying for cover in the
wheat pit In early trading today, but
the longs took their profits speedily
and shot the market down again. May
opened " up. at 1864. sold later to
127A. but slipped back to 1858 on
later trading. July. which opened X
up at 11SA, lost u later.
Corn had strong undertone on
good demand, May ruled at 78A. aftsr
e,l 1%y snwy Y,.f~ =
at 1885. n above Saturdays close.
ket strong. May selling around 4Sss
and July at AN.
Provisions again were higher, de-
spite enormous hog receipts and 4
slump In prices at the yards.
Chicago Estimates for Tomorrow.
Furnished by Long Commission Co,
4021s Main. Telephone NO. 1901
Hogs, $4,000; cattle, $500; sheep,
10000: wheat, 1858; corn, SIT; oats, 3e9.
Liverpool Close.
Wheat, n up; corn, mp; oats, none.
ciearances.
Wheat and flour, 1,e3s,0o0: corn.
$4,000; oats, 10000.
Northwest Wheat Receipts.
Minneapolis. 693 cars; Duluth, 1872
cars: Winnipeg, 500 cars.
Chicago Cash Grain.
CHICAGO, Jan. 10.-Wheat-No. 2
red. s1.26@1.26h; No. red, 31.22A
012511; No. 2 hard, s1.22h @1.225s:
No. hard, s1.19@1.2O1s; No. spring
s1.16k @1.221t.
Corn-No yellow. 731ac: No 4
yellow. 71072hc; No. 5 yellow. 500
71Ac; No. s yellow. 6706Shc; No. 3
white, 73k@74c: No. 4 white. 705a@
72hc; No. white. 6S170c; No. 6
white. 66@671ac; No. 2 mixed. TAX a
76c: No. 8 mixed, 7511c; No. mixed.
No. mixed, 67@70Ac: No.
6 mixed, 66@68c.
Oats-No. 3 white. 4474 % As PC; No.
4 white, 43@44c; standard. 46047c.
Kansas City Cash Grain.
Furnished by Long Commission Co..
40211 Main. Telephone No. 1901
KANSAS. CITY, Jan. 10.-wheat--
No. 2 hard, new. S1.17@1.18; No. 3
hard, new, $11.0@1.17; No. hard.
new. 95c@S1.10; No. red, new. S1.20
@126; No. 3 red, new. s1.20.
Corn-No. 2. 69A @69kc; No. 8.
67k @6shc; No. 4. s4@67c; No. 2
yellow. 7o@71c: No. 9 yellow. es,s@
68Ac; No. white, 1914 @70c: No.
white, 67A@68Ac.
oats-No. 2, 500 4oc: No. 3, $50
a "a n A. a a a a a ~ ,