The daily Gate City and constitution-Democrat. (Keokuk, Iowa) 1916-1922, 1917-01-04
Late Market Quotations

II lOk ~ =
Lon. Commission Co. Grain Letter
|[Furnished by Long Commission Co.
4O3 Main st. Telephone No. 350-351.l
i CHICAGO, Jan. 4.-Wheat--Realiz'
ing was the feature in wheat today
and prices were finally carried to
point where stop-loss orders were en-
countered The fact that the seaboard
was again bidding advanced premiums
4 for cash wheat and that movement
statistics were bullish went unnoticed,
so long as offerings were heavy. The
market reacted easily and buying was
OF good class on the dips. Old wheat
| is being moved out of store into mill
ing and export channels, and the week
/ will probably show further decline
in the visible supply. Indefinite peace
rumors have had something to do
with today's break. The scarcity OF
cash wheat is the ruling factor and
will ultimately carry the market to
higher levels.
| Corn-Corn reversed its action OF
yesterday and broke sharply with
wheat during the early trading and
over night sales by the country We're
large but foreign governments were
credited with being buyers at the sea
board and at interior points. The car
situation is improving. The long side
on breaks looks the better.
| Oats-Seaboard buyers took ad-
vantage or the break III oats and we're
heavy purchasers. Sales for the day
are expected to exceed anything pub.
llished so far. An irregularly higher
4 ma rket Is antiCfpated.
| Grain Review.
UNITED Press Leased Wire Service.
CHICAGO, Jan. 4.-The grain mar
ket slumped sharply today on the
advice Of the federal reserve board IN
regard to foreign financing. May
wheat fell Az cents from the opening
to 1921, while July lost 5A cents
| Corn and oats were weak
In addition to the reserve boards
action, the market was evidently
overbought.
Corn was demoraized. May opened
down q and subsequently lost ~ to
97A. July fell 2k points at the
opening and subsequently lost " ad
ditional, standing at 96 at noon.
Oats were down in sympathy With
wheat and corn. May opened down
rs and later lost n, selling at oos
July opened off Il and lost rs later
Provisions were held steady by the
hog strength.
Chicago Estimates for Tomorrow.
Furnished by Long Commission co.
403 Main. Telephone No. 350-351.l
Hogs. $4,000: cattle, 1000; sheep
l 1000: wheat, So; corn, POI; oats, los
Liverpool Close.
Wheat, steady. unchanged; corn
strong, i UP.
tclearanees.
Wheat and flour, 49,. 600; corn, l.
900; oats, $4,000.
Northwest Wheat Receipts.
Minneapolis, 140, cars; Duluth, 81
cars; Winnipeg. 246 cars.
Chicago Cash Grain.
!, CHICAGO. Jan. 4.-Corn-No.
IssMc; No. 4 yellow. 9sh 095hc; No
uliow. s2h@s3Ec; No. white
9sA @97c; No. 8 white, 95h096hc;
No. 4 white, 541s@94Ac; No. 5 white
921Ac: No. 6 white, Ole; No. mixed
96c; No. mixed. 95096Ac; No. !
mixed, s3h @95.ac- No. mixed. s2ti
@s3Ac.
oats-No. 3 white, SAX @56Ac: No
4 white. 541sI56c> standard, 55A @
I55ss2cc
Kansas City Cash Grain.
Furnished by Long Commission Co.
KANSAS CITY. Jan. 4.-Wheat-
No. 2 hard, now. $1.s9@1.91: No.
hard, new. $1S8Q1.sSk; No. hard
new, $1S0@l.s4; No. red, new
s1.92; No. red, new, $1.S7; No.
red, new, $1.76Q1.S7.
Corn-No. 2, 940941ac; No 8. $50
s4c; No. yellow, 940941ac: No
Yellow, a4c; No. 2 white. 949S4ts ::
No. 4 white, 93494c.
Oats-No. 2, 55956c; No. 3, SAY @
55c; No. white 56@57c: No. white
55@56c-
st. Louis Cash Grain.
Furnished by Long Commission CO..
ST. LOUIS, Mo-. Jan. 4--Wheat--
No. 2 red, new, 5h@1.ss; No. !
red, new, s1.90@1.91; No. hard, OLD
Corn-No. 2, s7c; No. g., sshc; No
8 yellow. No. 2 white. &c; NO. .
'fwhite, 9ekc.
Oats-No. 3, 55hc; No. white
standard, 5Sc; NO.
white, 55kc.