The daily Gate City and constitution-Democrat. (Keokuk, Iowa) 1916-1922, 1917-01-29
Late Market Quotation.
Daily Grain Letter.

/ 400 Main Telephone No. 350-35l.
i CHICAGO, Jan. 29.-Wheat-An ex
cited opening In wheat resulted in
high prices for the morning, the
active delivery reaching Az cents
above Saturdays close. The market
had been welr sold out, and the trade
! realized that liquidation OF Saturday
has resulted from peace news in
| which there was no element OF fact.
Bullish features today are better
demand for flour, which is expected
further to improve on account OF the
burning of one-third OF London's mill
ing capacity, and the prospects Of q
cold wave striking the winter wheat
belt without snow covering. Clear
ances were heavy at over two mill
lion bushels and the visible supply
decreased last week 2.167.000 busi-
els. The principal bear factor was
further tightening Of the freight sit
uation and the placing OF general
embargo by the New Ycss Central
Hines on shipments east Temporary
breaks at this level should be taken
advantage Of to buy wheat for inye5I-
ment
Corn-Corn followed wheat, adj
vancing early and breaking around
midday. There was no change in the
news, Argentine weather and high
prices for live stock being bullish
features. While freight conditions
east are unfayorable, it Is especially
hard to get cars into Chicago. and
local industries are being obliged to
take corn out OF store The market
| Will, of course, follow wheat to some
extent. bat, in the end. domestic and
foreign demand for our moderate sur
plus VIII probably mean higher prices.
| Oats-The big visible supply OF
oats is slowly decreasing. although
stiH greatly In excess OF year ago.
Except for Baltimore, every point last
week showed q decrease, the total
decrease being $4,000 bushels. 1t
1 is a time OF year when professional
bears usually sell cat. ard they ere
/ further encouraged this year by the
large supplies at both country and
terminal points.
Grain Review.
United Press Leased Wire. Service.1
| CHICAGO, Jan. 29.-Sharp gains
were recorded at the beginning of the
market this morning on account OF
the German rulers reported decision
TO fight TO the bitter end. The atti-
! tude of the central allies In bringing
4
all thought of cessation OF hostilities.
Later in the morning the market de-
;clined slightly. May opened up 2
jcents and later gained 3, going to
Il77H; July opened up az, later losing
"a, going to 1899. September opened
up 2s, later declining " cent to
1854.
Corn made good gains on first trades
after a higher opening. Later II fol-
flowed the trend in wheat for slight
loss.
May opened up IL. later losing y
going to 1914; July opened up Y and
:. :, <: @sr aaeciiised n, going 10 Ss15.
Oats started sharply higher, due TO
THE strength Of other grains. May
lopened up Is, but later dropped Y to
SIN; July opened up IS, later losing
q. going to 551s.
| Provisions ruled firm, not mucn
lchange being noted. Pork, lard and
Iribs opened up with slight gain, the
latter two maintaining their lead.
Pork dropped slightly.
Chicago Estimates for Tomorrow.
/ FURNISHED by Long Commission CO.,
4O3 Main. Telephone No. 350-351. ]
Hogs. $4,000; cattle. 1000: sheep.
l13,OO0; wheat, III; corn, 553; oats.
1928,
Liverpool Close.
Wheat, corn. oats. withheld by Brit
tish government.
ciearanees.
| Wheat and flour, 2,235,0o0; corn,
&c, 900; oats. $4,000.
| Northwest Wheat Receipts.
Minneapolis. SCI cars; Duluth, Z
1 ! cars; Winnipeg, fiz carr.
Chicago Cash Grain.
| CHICAGO, Jan. 29.-Wheat-No. Q
Ired, s1.s0&; No. hard, $1.S3h0
t1s7k.
No. 8 yellow, 99c@$1.01A; No. vel
low. 97cQs101A; No. yellow. $50
s9kc; No. 6 yellow, 94@96c; No. 2
white. S1.01A; No. 3 white, 99c9
s1.o11h: No. 4 white. c@$1.00; No.
8 mixed, ssc@s1.01A; No. mixed,
9sc@SI.00x; No. mixed, 95H@
S71sc; No. mixed, s3h@971zc.
Oats-No 3 white, 56A Q57Ac;
No. white, 56h957c; standard,
s7A@58ssc.
st. Louis Cash Grain.
FURNISHED by Long Commission Col
ST. LOUIS, Mo-. Jan. 2s.-Wheat--
No. red, new. s1.S6; No. 2 hard,
old, S1.S661.90k.
Corn-No. 2. 9sc; No. 3. $3.50
e9hc; No. yellow. 9s1a 9s9hc; No.
s white, s1.01; No. 8 white, s9hc0
$1.00.
Oats-No. 2. sic; No. 3. 569
5ehc; standard, 5711c; No. white.
i57d571hc; No. white, 56k Q56Ac-
/ Kansas City Cash Grain.
FURNISHED by Long Commission Col
KANSAS CITY, Jan. 29.-Wheat-
No. hard, new. s1-s041.S2f NO. .
hard, new. s17691.s1; No. 4 hard,
new. s174h9IsI; No. 2 red, new,
s1.7s6I.s1; No. red, new, s1.75g
iI.7s: No. 4 red, new. s1.71@1.T.
i Corn-No. 2, CSC; No. 3, 91Iac; No.
2 yellow, 9S1k 9s9c; No. yellow,
,,-h;ta M white