The daily Gate City and constitution-Democrat. (Keokuk, Iowa) 1916-1922, 1916-05-13
Late Market Quotations
Long Commission co. Grain Letter.

Long Commission Co. Grain Letter.
CHICAGO, May Is. - Wheat-A
careful analysis OF the weather map
OF yesterday and today convinced the
we'll informed that precipitation had
been insufficient to relieve the drouth
districts and has not occurred where
much needed, adding to this insect
damage reports from Kansas, which
were reported in more pronounced
way. The trade, which had been I'M
believing toward damage reports
seem now to be awake to the real
situation in the hard winter wheat
territory, as was witnessed today by
broader commission house demand
for wheat. Western Nebraska re-
ports to the federal weather bureau,
shows less than one inch of rainfall
from January s5 to date: II this con-
dition continues into next week, we
are very liable to witness strong bull
markets.
Corn - Commission houses had
plenty Of offerings in corn early and
lower prices resulted Soon after
the opening. shorts were disturbed by
the strength In wheat and covered
freely, causing higher average and
close around the top prices. The
seaboard was reported having bet
ter demands. However the sales for
eastern points were only reported as
moderate. Local stocks are likely to
show a moderate increase Monday,
while at western points they are very
likely to show decrease. A bulge
in prices at this time Is likely to at
tract fresh country selling of cash
corn.
Oats-Oats were helped by wheat
and the cash demands. Some of the
purchases of the May and July were
thought to be in the way Of removing
hedge against Canadian oats sold to
seaboard. Crop reports are for the
most part, favorable.
Grain Review.
CHICAGO, May 13.-Wheat rallied
today from lower opening caused by
bearish movements and weak outside
markets, when the bulls routed the
bears with heavy buying orders
There was rush at the start to get
out long wheat which had been car
ried over from the day before, but buy
ing movements steadied the market
and all futures were up at the close.
May wheat was up 70 at 1853; July
up rs at 117&; September up LIS at
Hts.
Corn. unsteady at the opening,
strengthened under the rallying wheat
market. May closed at 74A, July at
74ss and September at 1914.
Oats. though having a heavy un-
dertone. rallied toward the close, sell
ing II up for each month at ATS for
May, 4311 for July and 39A for Sep
TENDER.
Provisions, influenced by higher
hog market, we're firm.
Chicago Estimates for Monday.
FURNISHED by Long Commission Co.,
4Q3 Main. Telephone No. 1901
Hogs, 10000; cattle, $4,000; sheep,
Is, 600; wheat, So; corn, 143; oats, 215.
Liverpool Close.
Wheat, unchanged; corn, Vol up.
Northwest Wheat Receipts.
Minneapolis, 334 cars; Duluth, 10
cars; Winnipeg, 663 cars.
Chicago Cash Grain.
CHICAGO, May 13.-Wheat-No. 2
hard, s1.1Sss; No. 8 hard, $112h@
1.15A; No. spring, $1171z.
Corn-No. 2 yellow, 76c; No. yell
low, 72h @741ac; No. 4 white, 700
711sc; No. 2 mixed, 741z@76c; No. 4
mixed, 71971hc.
Oats-No. white, 44A @451ac; No.
4 white. 42k@44c; standard, 4sA@
ACC.
St. Louis Cash Grain.
FURNISHED by Long Commission Co.,
403 Main. Telephone No. 1901
ST. LOUIS, Mo-, May 13.-Wheat-
No. red. new. S1.21@1,25; No. red
new, s1.15@1.16; No. 3 hard, old,
S112h OLA; No. hard, old, s1.04.
Corn-No. 2, 74074kc; No. 3, 73c:
No. yellow, 7314@74c: No. 2 white,
75c; No white, 74c
Oats-No. 2, 43kc: No. 3, 42@43c;
No. white, 441a @45c; No. white,
43hc.
Kansas City Cash Grain.
Furnished by Long Commission Co.,
4O3 Main. Telephone No. 1901
KANSAS CITY, May 13.-Wheat-
$1.07h@1.16; No. hard, 99c@1.O7:
Oil; No. red, s1.00@1.O5.
Corn-No. 2, 7O@71c; No. 3, 69kc;
No, 2 yellow. 72972kc; No. 2 white,
71@71kc; No. 3 white, 7ok 970Ac.
Oats-No. 2. 40@42c; No. 3, $50
41c; No. 2 white, 47@4sc; No. 3
white, 441ac.
Peoria Grain.