The daily Gate City and constitution-Democrat. (Keokuk, Iowa) 1916-1922, 1916-07-13
Late Market Quotations
Long Commission Co. Grain Letter.
Furnished by Long Commission Co.,
403 Main st. Telephone No. 1901 @

Long Commission Co. Grain Letter.
FURNISHED by Long Commission Co.,
403 Main st. Telephone No. 1907
CHICAGO, July 10. - Wheat -
Heavy profit taking caused reaction
from a new high level this morning,
but the market was firm at the de-
cline. Confirmation OF the existence
of rust In the northwest and reports
OF its appearance in Canada tended
to hold the market. firm. New wheat
is In excellent demand, both from
millers and exporters. Aid while the
offered price has been raised consid-
erably, bids are to TIP cents high
er than those prevailing a few days
ago. Omaha reports export sales to-
day in the northwest are still
uncertain and, although the crop out
look at the moment is satisfactory
the existence Of rust SO early in the
season is certain to continue to cause
apprehension.
Corn-The buying Of corn early
today was credited to export account.
There was also good volume of buy
ing OF December, credited to eastern
investors. Export business has been
worked again today, and quantities
sold yesterday were much In excess
OF early estimates. Weather condi-
tions in the southwest are likely to
be a bull feature shortly, unless re-
lief in the form OF good rains and
cooler weather comes soon Buying
on breaks appears the safest course
for the time being.
Oats-Demand for oats was not SO
keen and some of the leading hold
81
today. Advices from abroad are bull
ish and indicate that the crop promise
abroad Is disappointing and that de-
mand for American oats will again be
heavy. The domestic crop needs cool
or weather.
Grain Review.
CHICAGO, July 13.-Heayy selling
on a bulge caused slump in wheat
prices today after a higher opening
Reports OF rust damage to wheat in
the northwest promoted the opening
advance but later optimistic reports
gave the bears chance. July sold
"a down at 109ss after opening 4 up.
September dropped rs to 111A and
December dropped q to 114M.
Considerable pressure developed
after an early bulge in corn and prices
dropped slightly for September and
December, though July remained fair
~ steady at TN. September sold at
IA and December 63A.
July Oats was steady at Al, but
September and December ruled by
wheat slumped * for the former and
" for the latter to 403s and AZ re-
spectively.
Provisions were dull but slightly
higher.
Chicago Estimates for Tomorrow.
[ FURNISHED by Long Commission Co.,
403 Main. Telephone No. 1901
Hogs, $4,000; cattle, 1900; sheep.
is, 900; wheat, 63; corn. 1858; oats. l46.
4-lverpooI Close.
Wheat. I'd up; corn, higher to !
lower.
clearanees.
Wheat and flour, 1,449,000; corn.
PSI, 600; oats. $4,000.
Northwest Wheat Receipts.
Minneapolis, 296 cars; Duluth, 81
cars; Winnipeg, ST cars.
Chicago Cash Grain.
CHICAGO, July 13.-Wheat-No. 2
hard. $1.11@1.11h; No. 3 hard. slos
Corn-No. 2 yellow, 7sA@soAc;
No. 8 yellow, 1874 @S0c; No. 4 yellow.
76k@79c; No. yellow, 74@763ac;
No. white, 79A 080c; No. 3 white,
-o1s @s0c; No. A white, 7sc; No. 5
white, 75c; No. white, 731s @75c;
No. 2 mixed, 1917 @80c; No. 8 mixed.
791a@79Ac; No. a mixed, 76kc; No.
mixed, No. mixed, 75c.
Oats-Na. 3 white, 40z@411sc; No.
white, 3Sk@4Okc; standard, Ala
@42hc.
Kansas City Cash Grain.
Furnished by Long Commission Co.,
4O3 Main. Telephone No. 1901
KANSAS CITY, July 13.-Wheat-
No. hard, s1.10Q1.14; 30. 8 hari.
No. 2 red. S113@1.15; No. 3 red, 81 03
,Corn-No. 2, TIC, No. 3. $500
TIC: No. 2 yellow, 10000; No. 3 yell
low, 7s@79c; No. white, 7S@79c;
No. white, 77k078c.
Oats-No. 2, 36@38c; No. 8, $40
37c; No. 2 white, 41k042kc; No. 3
white, 41Ac.
Chicago Live Stock-Close.
FURNISHED by Long Commission Co,
4O3 Main. Telephone No. 1901
CHICAGO. July 13.-Hog receipts
$4,000; market active. Mixed and
butchers, s945@10.25; good heavy,
s9.45@10.25; rough heavy, $3.50
9.C0;- light, $9.50010.10.
Cattle receipts $500; market
steady; top $11.10.
Sheep receipts 5000; market