The daily Gate City and constitution-Democrat. (Keokuk, Iowa) 1916-1922, 1916-10-02
Late Market Quotations
Long Commission Co. Grain Letter.


/ CHICAGO. Oct. 2.--Wheat-Probab
~ the greatest factor in strong
wheat market today was the continued
drouth In the important wheat raising
areas of the Argentines. This would
| not only account for the large takings
OF our wheat for export Saturday and
today but also liberal buying Of our
| deferred deliveries by Winnipeg and
Minneapolis were sharply higher
early, indicating that the same sort of
buying was taking place in their mar
kets. Argentine cables were sharply
higher. tending to confirm the unfav-
orable reports received in regard to
their crop. Two cargoes OF stored
wheat We're reported sold to Buffalo
by one OF the largest local holders
The indications are for well sustain
ed demand for cash wheat through
out the year and, before another crop
Is raised. supplies will probably be
very short.
Corn Corn was well supported by
the leading bull interest, which bought
December and also the CARROTS at q
moderate decline from Saturdays
price. Exports are larger than usual
and this Is helping to support both
cash and the futures. Crop reports
now coming in Indicate that while
the total yield this year will be mod
crate. the quality will be good Buy
ing orders should be held for breaks.
Oats-Although the visible supply
OF oats continues to increase. the flu
lures market holds firm on buying by
cash houses. Some OF the elevator in
terests We're selling the December to-
day against purchases OF cash oats
The prospective worlds demand for
our surplus should eventually mean a
higher price level.
Grain Review.
UNITED Press Leased Wire Service
CHICAGO. Oct. 2.-Wheat took an
upward turn today on reports OF un-
favorable weather in Argentine Good
buying was in evidence from the
start. December up TX at 1856; May
up TX at 1854.
Corn opened easy on light offer
ings, but rallied later. December
was up rs at 73A; and May up Y at
761a.
Oats had fair sale. displaying a
firm undertone- December up " at
4Sk; May up rs at 511z.
Provisions were lower at the open
ing, but became steady later.
Chicago Estimates for Tomorrow.
Furnished by Long Commission Co,
403 Main. Telephone No. 1901
Hogs, $4,000; cattle. 5000; sheep.
$1,000; wheat, 200; corn, 437; oats,
SCI.
Liverpool Close.
. Wheat, unchanged. lower; corn.
unchanged.
clearances.
Wheat and flour, 1.693,OOO; corn,
$4,000; oats, $4,000.
Northwest Wheat Receipts.
Minneapolis, 754 cars; Duluth, 173
cars; Winnipeg, 867 cars.
Chicago Cash Grain.
CHICAGO, Oct. 2.-Wheat-No. 2
red, $1.57M01.59: No. red, $152h
01.57A; No. 2 hard. $1.59A @166A;
No. hard. $1.5401.59: No. spring.
$1.59B01.60A.
Corn-No. 2 yellow. ssAc: No.
yellow, S6A @S7Ac; No. yellow,
83h@S4kc; No. yellow. sO0s2c;
No. yellow. 7sh081c; No. 2 white,
s91sc; No. 3 white, s50Ssc; No. 4
white. 1914 @S41sc; No. S white. $50
Sic; No. s white, 7S@82hc; No. 2
mixed, 88A @S9c; No. mixed, S51s
@87c; No. 4 mixed, SAC: No. mixed,
8O@81kc; No. mixed, 78@80xc
Oats-No. white, 46A @471xc: No.
white. 46@47c; standard. 47A@
47Nc.
ST. Louis Cash Grain.
Furnished by Long Commission Co..
403 Main. Telephone No. 1901
ST. LOUIS. Mo-, Oct. 2.-Wheat-
No. 2 red, new, $1.6001.65; No. red.
new. s1.55Q1.5s; No. 2 hard. old.
S16O@165.
Corn--No. 2. s7kc: No. 3, s61sc;
No. 3 yellow, SIC; No. white, S8c;
No. white, S611c.
standard, 47Ac; No. white, 47@
471ac; No. 4 white, 46kc.
Kansas City Cash Grain.
Furnished by Long Commission Co.,
403 Main. Telephone No. 1901
KANSAS CITY, Oct. 2.-Wheat-
No. hard, $1.55@161; No. 3 hard,
$15401.59; No. 4 hard. $1.5O@1.55h;
No. red. S1.53Q1.80; No. red,
,..46@1.5S; No. red, $1.35@1.51-
Corn-No. 2. 84@841zc; No. 3, SEC;
No. yellow, SIC; No. 3 yellow, S3c;
Mo. 4 yellow, s308211c; No. white,
S311c: No. white, 821zc; No. white
82@S21zc.
Oats-No. 2, 45@451kc; No. 3, 40
44hc; No. 2 white, 46Ac; No. white
46Q46Ac; No white, 45c.
Chicago Live Stock-CIose.
Furnished by Long Commission Co,
403 Main. Telephone No. 1901
CHICAGO, Oct. 2.-Hog receipts
3S 900: market 25@40c lower. Mixed
and butchers. $9.30010.15; good !
heavy, $9.00@10.30; rough heavy, |
light, $9.20@10.0O