The daily Gate City and constitution-Democrat. (Keokuk, Iowa) 1916-1922, 1917-04-25
Late Market Quotation,
Long Commission Co. Grain Letter

. ply and demand conditions ruled tn
wheat market today The approac
of delivery day on May contracts an
the enormous premiums prevailing 10
cash wheat which will make 1t in
possible as long as these are mair
tanned to permit deliveries on profit
able basis, imported the strength t
that delivery and caused new hig
levels to be reached. The July ais
made a new level. The volume o
speculative trade Is so light that tn
market lacks balance and move
easily in the direction Of orders. EN
porters are again in the market ant
the needs Of consumers Throughout
the world tend to hold cash wheat a
high levels. The uncertainties Of wa
and growing crops suggest the great
est conservatism in trading under
present circumstances.
Corn-By midday corn was ap
preaching previous high levels influ
enced by the strength in wheat ant
higher premiums for corn in the spot
market. 1t will take an increased
movement of corn to prevent higher
prices.
Oats-The trade is beginning tc
realize the strength of the cash oats
situation and today when buyers en-
tered the market, offerings were
light and prices advanced sharply
Cash oats in any position are bringing
good premiums over the futures and
the burden OF terminal elevators sup
plies Is being sharply reduced.
| Grain Review.
| UNITED Press Leased Wire Service]
/ CHICAGO. April 25.-May wheat
scared to 24S today and established a
new high level. There was little
wheat for sale and buyers bid up
their prices to fill their orders. Re-
ports that the Canadian wheat crop
had been over-estimated was bullish
factor. May opened up ~ and gained
21a, going to 247 at noon. During the
morning it reached 24S. July opened
up ", later advanced 6 cents to 213.
September opened up q, later adj
vanced A to 1877.
Corn had strong undertone and
followed wheat advances. May
opened up 1, later gaining 2 to LAT.
July opened up Is and advanced rs
to 1925. September opened up is
and later advanced 70 to 1341s.
Oats ruled higher, but were less in
clined toward bullfshness than the
other grains. May opened up Is, later
advancing IA to IS. July opened up
Is, later gained 70 to GAYS. Septem-
Der opened ups and advanced 70 to
Sc.
Provisions ruled stronger, pork
showing good gains with the strength
in the hog market
Chicago Estimates for Tomorrow.
Furnished by Long Commission Co,
4O3 Main. Telephone No. 350-351.I
Hogs, $4,000; cattle, 1000; sheep,
$4,000; wheat, 80; corn. So: oats. Is.
CIearances.
Wheat and flour, $4,000; corn,
155, 900; oats, none.
Northwest Wheat Receipts.
Minneapolis, 273 cars: Duluth. {
cars; Winnipeg, 324 cars.
Chicago Cash Grain.
CHICAGO, April 25.-Corn-No. 2
yellow, $1.58@1.60; No. white.
No. 6 white. s1.56A;
No. mixed, s1.581a; No. 8 mixed, |
$1.57@1.59. (;
Oats-No. white, 7O@72c; stand |
St. Louis Cash Grain.
{ Furnished by Long Commission Col !
ST. LOUIS, Mo-, April 25.-Wheat )
No 2 red, new, $500; No. 2 hard, /
1886. |.
Corn-No. 2, s1.54k; No. 3.
s1.531s; No. yellow, s1.54@154h; |.
No. 2 white, S163@1.65; No. white.
s161@1.631s.
Oats-Standard, 721ac; No. 3 white
71k@72hc; No. white, 70@71c.
Kansas City Cash Grain.
Furnished by Long Commission Col
KANSAS CITY, April 25.-Wheat
No. hard, old, s275@2.79; No.
lard, old, s2.74@2.78; No. 4 hard,
Did, s2.63@2.65; No. 2 red, old, $3.50
92.s1; No. 8 red. old, s2.6092.78.
Corn-No. 2, s152@1.52k; No 8.
;152; No. yellow, $1.52k0155;
No. yellow, s1.51@1.52; No. 2 white
No. white, s1.6O@1.61.
Oats-No. 2, 72@72Ac; No. 8, 7O12
971kc; No. 2 white. 74@741ac; No.
white, TN @73c.
lrd, 71@73c.
peoria GRAIN :
PEORIA. ILL.,, April 25.-Corn- :
darket 3k@5c higher. No. 3 white,
1.57; No. 2 yellow, s1.55h @156; ,
70. 8 yellow, No. 3 mixed, $3.50; No. :
mixed, $1.56; No. mixed, s1.54.
Oats-Market 1Ac higher. No. 2 q
White, 70kc; No. 3 white, 70A0 }
01sc; No a white, 691k @7Oc; stand :
I'd, zoe.
Chicago Live Stock-cIose. g
Furnished by Long Commission Co.
CHICAGO, April 25.-Hog receipts 9
$1,000; market steady and slow. 4
'op, s15.S5; mixed and butchers, q
15.10@15.S0; good heavy. s151O@
5.s5; rough heavy, s15.1o@153O; \
ght, s14.45@15.65: h
Cattle receipts 10000; market 2
trong and 10c up. Top, 1910
Sheep receipts 10000; market 100