The daily Gate City and constitution-Democrat. (Keokuk, Iowa) 1916-1922, 1917-01-27
Late Market Quotations
Long Commission CO. Grain Letter.

LONG Commission Co. Grain Letter.
Furnished by Long Commission Col
CHICAGO, Jan. DISTINGUISHING
week has been marked by lack OF
interest on the part Of the specula-
tive public and the buyers of cash
wheat. Early today summary OF
Germany's peace terms which nave,
for some time. been more or less
definitely formulated In the pubic
mind, started violent LIQUIDATION.
Thereafter, the market was practical
|ly featureless. aside from the seliing
on stop-loss orders. Exporters were
said to be exhibiting little interest IN
wheat and, while premfums were re-
ported as being sharply lower, Okla
homa interests claimed that tney
were steady and not following the
decline in futures. There Is only
one factor in the foreground now.
and that is the possibility OF ap-
nroaching peace. OF this the gen.
eral public, OF course, knows moth
ing. but, even II it should be arrived
AZ soon. wheat would probably ne
worth more than values now prevail
ing.
Corn-Corn received some support
from export business and. while ~
was weak with wheat, the days de'
cline was only little over one cent.
Local receipts for the day were only
1OS cars, but prices were quoted l
cent to Q cents lower with the
futures. Peace rumors. which are
affecting the grain list unfayoraniy,
are making a stronger market LOT
hog products with the result that
the feeding values Of corn Is 1ncreas-
ing. This, and export business, are
bullish factors which will prevent
material break in prices
Oats-Oats were heavy with other
grains, but the decline was compare.
tivelv moderate. The cash demand
was such as to hold the spot article
strong. as compared with the May.
When the present peace panic runs
It's course, we expect to see the mar
ket do better.
Grain Review.
rUnited Press Leased Wire Service.I
CHICAGO, Jan. 27.-Wheat, demon
allied from the start. broke Sharply
today, dropping to the lowest point
lit has been since Germanys peace
note in December. A message from
New York quoting London capie
giving terms upon which Germany
would make peace started the hQuioa,
ting movement. May wheat opened
down q and lost Az, closing at ia Y !,
July opened down 11s, subsequently
declining another 8 points. closing az
14TM. September opened down =.
later losing q, closing at 1867 Inc
fact that there was nothing 10 sup
port the truth Of the cable was prac.
ticalIy ignored by the pit. toward
the close there was very small re-
covery. ..,,,-. -,
Corn also started lower. Selling ue.
!veloped on peace talk and the snarp
hrea1r In wheat May corn opened
down u, later losing rs, closing a,
100. July corn opened down 70 and
lost ", closing at 99h.
y On Cats we're Sharply lower IN sym
Ipathy with other grains. Buying was
limited on the way down, but when the
extreme point was reached, short GOV
erine was met and the prices recover
ed partially. May oats opened down
4 u and later last ~. closing at b6es.
! july opened down %. subsequently
losing u and closing at 549s.
/ provisions ruled slightly higher
TRADE was light with not much DE
.mand being noted. Light receipts IL
hogs and q little desire was respon
sible.
chiesoo Estimate for Tomorrow.
I FURNISHED by Long Commission 20,
| 400 Main. Telephonei No. 36O-3s!.
/ Hogs. 10000; 100000 all next week;
/ cattle. $4,000; sheep, $4,000; wheat
oe. corn 1OS: oats. 80.
| Liverpool Close.
Wheat, corn, oats, wftnneio Dy Dfi'
ish government.
/ cIearanees.
Wheat. and flour. 464,VO0; corn
1s3, 900; oats, 5000. .s=5
Northwest Wheat Receipts.
Minneapolis, 265 cars; Duluth,
cars; Winnipeg. PSI cars.
! Chicago Cash Grain.
CHICAGO, Jan. 27.-Wheat-No.
red. s1.81; No. 3 red. $176@1.78A.
Corn-No. 3yellow, 99kc@$1.001s;
No. yellow. 98c@ $1.0o; No. vel
low, 97Ac; No. white, 99sc@$l.Oo;
No. mixed, 991kc@s1.00H; NO. !
mixed, 9S1ac; No. mixed, s7c.
| Oats-No. white. 56h 057c; NO
4 white. 561ac: standard. 57@571sc.
I st. Louis cash Grain.
| FURNISHED by Long Commission Co.
ST. LOUIS, Mo-. Jan. 27.-Wheat-
No. 2 red, new, $1.s5@1.90; No.
red, new. $1.s3; No. 2 hard. old
s1s9A.
corn-No. 2. ssc; No. 8. sshc; No
3 yellow, 991c; No. 2 white, ssa
9shc; No. white, 99@99Mc.
Oats-No. 2, 561sc; No. 3. Csc;
standard, SIC: No. 2 white, SIC; No
4 white, 56kc.
Kansas City Cash Grain.
Furnished by Long Commission Co.
KANSAS CITY, Jan. 27.-Wheat-
No. 2 hard, new. $L7e@IS0M; No.
hard, new, s175@1.7Sk; No. hard
new, s1.75; No. 2 red. new. $1.79d q
Isl; No. 8 red. new, $175@1.79; No
Ia red, new, $1.68@1.76.