The daily Gate City and constitution-Democrat. (Keokuk, Iowa) 1916-1922, 1916-08-21
Late Market Quotations
Long Commission o. Grain Letter.

. b 4
Long commIssion o. Grain Letter.
Furnished by Long Commission Co..
4O3 Main st. Telephone No. 1901
CHICAGO. Aug. 81. - Wheat -
Heavy selling for profits checked an
advance early today to new levels on
the crop. The buying was general by
commission houses and brokers who
usually act for seaboard accounts.
Reports indicate that acceptances OF
export offers over night were liberal.
although 1t Is too early to ascertain
definite quantities. Practically all
the news, both from abroad and do
nestle fields are bullish. The short
age Of cash wheat is being felt sur
prisingly early as is shown by the
wide premiums existing for the spot
article. Investors should take advant-
age of the breaks which will occur
from time to time on over bought
conditions, to take on lines of wheat
against the decided shortage which
will be felt before another crop is
raised.
Corn-Old corn was sold to New
England points this morning at 81
per bushel, the highest price in years.
The futures market ruled heavy, es-
pecially for the December delivery.
which was on sale in liberal quanti-
ties both by hedgers and longs. Pre-
vailing fancy prices are likely to
bring out considerable run Of corn
during the next six weeks and prices
for new crop deliveries discount to a
large extent, the damage which has
been done to the growing crop.
Oats-A liberal run of new oats to
market Offset the bullish influence of
wheat, and the market did not re-
spond readily to the limited buying
which export houses were doing
against their sales. The fine quality
OF the new oats is making it possible
to store and hedge them, and pres.
sure from this source holds the mar
ket in check. They are, however, the
cheapest cereal on the list and, on
good setbacks the buying side seems
advisable.
Grain Review.
CHICAGO, Aug. 21.-Wheat open
ed STRONG today on good buying and
higher cables, making gains from 1ss
cents to 3A cents, but dropped to
below the opening few minutes
later when longs started to take
profits. September was down later
q at 1855; December down u at
1921 and May down rs at 1868
from the opening.
The corn market rose and fell with
wheat, favorable weather reports
giving it hesitant tone. September
was down below the opening II at
S6%; December down liz at 741s
and May down 1 cent at 77ss.
Sharp gains were made in oats at
the opening, but the market declined
later on the weakness In other grains.
September was down Is at 45h !;
December down s at 4S1s and May
down at 50. !.
Provisions were steady.
Chicago Estimates for Tomorrow.
FURNISHED by Long Commission Co,
403 Main. Telephone No. 1907
Hogs, 10000; cattle. 5000; sheep,
$4,000; wheat, 243; corn, 143: oats.
1,124.
Liverpool Close.
Wheat, sos higher; corn, unchang-
ed.
ciearances.
Wheat and flour. 1887 900; corn,
233, 900; oats. 1851, 900.
Northwest Wheat Receipts.
Minneapolis, 343 cars; Duluth. 81
cars; Winnipeg, 656 cars.
Chicago Cash Grain.
CHICAGO. Aug. 21.-Wheat-No. 2
red. $1.51@1.521s; No. 3 red, s1.44@
1.52; No. hard, s1.51A@1.53; No.
hard, s1.46@1.51A.
yaIIoxyy QoEa0no, n
yellow, STU @SS1ac; No. yellow, sc
@87c; No. yellow, S3@s4c; No. 6
yellow, soc; No. white, S9Zc; No.
l3 white. S7h0sShc; No. Awhile
85c; No. white, S3c; No. 6 white
SO@S2c; No. mixed, 88h@89c; No
3 mixed, S7k@sSc; No. 4 mixed, S4c;
No. 5 mixed. S3c.
Oats-No. white, AN a 46c; No. 4
white. Az Q44Ac; standard, 45@46c
Peoria Grain.
PEORIA, ILL.,. Aug. 21.-Corn-Mar.
ket 1a@1c higher. No white
s6Ac No. yellow, seize; No. 3 vel
low, sec; No. yellow. Sic; No. 8
mixed, Soc.
/ Oats-Market unchanged, nc low.
er. No. 8 white. 43k@44c; No. 4
white, 43c; standard, 44c.
/ Kansas City Cash Grain.
! Furnished by Long Commission Co.
403 Main. Telephone No. 1901
KANSAS CITY, Aug. 21.-Wheat--
No. 2 hard. s1.4S@154; No. 3 hard
s1.43G1.52k; No. 4 hard, S1.35@1.47;
No. Q red, s1.50@1.55; No. 8 red
$1.47@1.50; No. 4 red. s13701.47.
| Corn-No. 2, S4@S5c; No. 3, 500
/, SAC; No. 4, s2@S2hc; No. yellow