The daily Gate City and constitution-Democrat. (Keokuk, Iowa) 1916-1922, 1917-05-02
Late Market Quotations

Furnished by Long Commission Co..
/ CHICAGO, May 2.-Wheat-A de
NAL of tire peace rumors of yester
day had much to do with sharl
recovery in values today. Featur,
i of market is scarcity of trading
which causes an erratic and there
fore very dangerous situation. CroI
news is not being disseminated, bu
private reports indicate little i'm
provement in the prospect for bis
crop. 1t is generally said that the
plant shows up somewhat better, but
the abandoned acreage is SO large
as to make almost certain a small
crop Of winter wheat Reports from
the northwest are more favorable
with better weather and seeding pro
crossing. Except in cases where il
should be attempted in the May de-
livery under any circumstances.
Corn-The cash situation continues
to demand a firm market. Pre-
miums are well held although slight
ly lower than yesterday, but No. 8
grades are selling around six cents
over the May. We can see no good
reason for trading in old crop months
and advise the trade to await the
progress Of the new crop.
Oats-Oats have been erratic, but
received support from cash interests.
Pressure seems to come largely from
local sources. Under present crop
prospects, it would seem likely that
new and old crop months would sell
at wider spreads than at present.
Grain Review.
EUnited Press Leased Wire Service.
CHICAGO, May Wheat was
erratic today. After low start
heavy buying orders sent the market
up from to IL cents on May deliv-
cry. Peace rumors had little effect
today. May wheat opened down 21a,
later advanced 7 to 262. July opened
down 3 and later gained 21a, going
to 2121a. September opened down
1A, later advancing IA to 1919.
Corn opened easier, but prices re-
covered later in sympathy with
wheat. May was down n at the
opening, but later advanced two to
LAT. July opened unchanged and
later gained Is to 1895. September
opened down n, later gained 17s to
1925.
Oats prices started easier. but a
rally followed. May opened I'M
changed, later gaining y to 67A.
July opened down ", later advanced
a to 6314 September opened down
u and later regained ". going to
SSH.
Provisions ruled higher.
Chicago Estimates for Tomorrow.
FURNISHED by Long Commission Co..
403 Main. Telephone No. 35O-351.l
Hogs, 25,0O0; cattle, $500; sheep,
10000; wheat, so; corn, no; oats,
100.
Wheat and flour, $4,000; corn,
$4,000; oats, none.
Northwest Wheat Receipts.
Minneapolis. ia cars; Duluth, So
cars: Winnipeg, 527 cars.
Chicago Cash Grain.
CHICAGO, May 2.-Wheat-No. 8
red, $500; No. 2, hard. $3.50; No. 3
hard, S2.71; No. 8 spring, $3.50.
Corn-No. 2 yellow. s15591.56;
No. 8 yellow, s1.54@1.561s; No. 4
yellow, $3.50; No. yellow, $1.53;
No. 2 white, $1.59h@161; No. 8
white, $1.59A @1.60h; No. mixed,
s1.55; No. 3 mixed. s1.53h @154h;
No. mixed, $1.53h.
Oats-No. 3 white, 6967OAc; No.
4 white. e7@69c; standard, 691h@
70Ac.
Kansas City Cash Grain.
Furnished by Long Commission Col
KANSAS CITY, May 2-Wheat-
No. 2 hard, old, 1928; No. 3 hard.
old, s2.SS@2.90; No. 2 red, old, $2.sS
@3.05; No. 8 red. old, $2.82@2.99.
Corn-No. 2, $151A01.52h; No.
3. $1.5O; No. 2 yellow. s1.51A@1.53;
No. yellow, s151@1.52; No. 2 white
$1.6401.65; No. white, s1.63@1.64,
Oats-No. 2, 72@721ac; No. 8, 716
71sc; No. 2 white, 74c; No. 3 white, |
re.
ST. Louis Cash Grain.
[ Furnished by Long Com mission Co
ST. LOUIS. Mo-, May 2.-Wheat-
No. 2 red, new, s2.96@3.OO.
Corn-No. 2, sI55; No. 3, No. 3 |
yellow, s1.54; No. 2 white. 1890 |
1-63
oats-No. 2, soc: standard. Tic:
No. 3 white, 70@7o1sc; No. 4 white. |
6Sk @7Oc.
Peoria Grain.
PEORIA, ILL.,, May 2.-Corn-Mar
ket 2A @3kc lower, No. 2 yellow.
sl55h OILS; No. 8 yellow, $500
l.56; No. yellow, s1.541a; No. 6 /