The daily Gate City and constitution-Democrat., 1917-03-02
Late Market Quotations

/ Long Commission co. Grain LSIHSns
Furnished by Long Commission Co,
/ 403 Main st. Telephone No. 350-3o1-l
! CHICAGO, March 2.-Wheat-High
prices usually spell retrenchment-
Economy generally Is practiced when
food is expensive. Such economy re-
suits in either abstinance or substitu-
ton. In respect to wheat during 1916
| II this general rule has not obtained
Reduction in the allowance OF food
his been unnecessary, and substitu-
| tion impossible. The former. because
money and work in this country have
been too plentiful: and the latter be-
cause substitutes have been and are
now too plentiful; and the latter be-
cause substitutes have been and are
now dearer than bread, as shown by
the following comparisons:
Wholesale prices for wheat, 8 to 81 y
cents per POUND: for flour AZ to 5
cents; retail prices for flour, to 51sI
cents per pound; potatoes, to .
cents; rice, about cents. II, there
fore, there has been no reduction in
home consumption and, as one OF the
best staticians claims, there Is only
60, 100000 bushels of wheat available
for export during the next four months
and carry over to July 1. we see moth
ing ahead except extremely high
prices.
Corn-lndependent OF wheat, corn
has shown great stTens In anu sold at
the highest prices on the crop. The
price Of hogs again reached new
high level and this combined with
builish estimates OF farm reserves to
give fresh impetus to strong mar
ket. There is said to be a renewed in
quiry for corn on the part OF foreign
ers, and nothing except the tight car
situation prevents large eastern ship
ments. Higher levels are indicated.
Oats-Oats were dull. within mar
row range. The difficulty in moving
out the large accumulations at termi-
nal points is discouraging to holders.
The period of heavy consumption on
the farms is at hand, the southern de-
mand is improving, and the discount
Of oats under other kinds OF feed
means higher prices.
Chicago Estimates for Tomorrow.
| Furnished by Long Commission Co.,
| Hogs, 1900: cattle, 300; sheep. e
600; wheat, %; corn, 13s; oats. 100.
| Liverpool Close.
| Wheat, corn. oats, withheld
Ciear1nces.
Wheat and flour. $4,000: corn,
445, 900; oats, 2SS,o00.
/ Northwest Wheat Receipts.
Minneapolis, 154 cars; Duluth, IL
fcars: Winnipeg. 290 cars.
Chicago Cash Grain.
CHICAGO, March 2.-Wheat-No.
2 red, $1.92A.
Corn-No. 8 yellow, 31o2@lo4:
No. yellow, $1.00@1.o2; No. yell
low, $1.O0; No. yellow. 99c1S1.011a:
NO. white. $1.o1 @1.03h; No, 4
white, $1.O1h@103A: No. white.
CSC; No mixed. $1.03A; No. 3
mixed. s1.01h@1.03h; No. mixed.
9ec@$1O1k; No. 5 mixed, 9SQ99c;
No. mixed, 97Q99c.
| Oats-No. white. 5SA 959Ac: No.
4 white. 5sA @59c; standard. 5s@60c.
ST. Louis Cash Grain.
FURNISHED by Long Commission Col
I ST. LOUIS, Mo-, March Wheat
mo. 2 red, new. $2.02; No 3 red,
new. s1.961s91.sS; No. hard. old.
! s2.01.
Corn-No. 2. s1.o2A9los; No 8.
is1.021a; No. 3 yellow. $1.02k 91.03;
No. white. s1.o4h: No. 8 white,
SLOPPY @1.03h.
Oats-Standard, 611Ac; No white
61Q611ac; No. 4 white, 59h q Soc.
Peoria Grain.
| PEORIA, March 2.--Corn-Market
i1011ac higher. No. 8 yellow, No. .
mixed, si.611a; No. 4 yellow, No. 4
mixed. 9s1ac9s1.00h; No. mixed,
$1.02; No. mixed, 9SAc.
Oats-Market unchanged. No. 2
white, 57Ac; No. 4 white, 57kc;
standard. SIC.
Chicago Live Stock-close.
/ IFupnished by Long Commission Co.
: CHICAGO, March 2.-Hog receipts
$4,000; market active, 15@20c up.
Mixed and butchers, s13.1O913.60;
good heavy. s13.10@13.65; rough
heavy. s13.10@13.25; light, s12.70@
1850.
Cattle receipts 1000; market
steady; top s12.00
Sheep receipts 5000; market
steady; top $1,000. Lambs, top $145O.