The daily Gate City and constitution-Democrat. (Keokuk, Iowa) 1916-1922, 1917-01-16
Late Market Quotations
Lone Commission Co. Grain Letter.

Long Commission Co. Grain Letter.
FURNISHED by Long Commission Co.,
4O3 Main. Telephone No. 350S351.]
CHICAGO. Jan. 16.-Wheat-The
confirmation of large export sales
late yesterday and early today and
advancing premiums bid by the sea-
board, started wheat out of the rut
in which it has remained so long ana,
by midday prices were about 3Hs
cents higher than last nights close
for the May delivery. New crop
months. while strong, did not fully
follow the May While the market
was very firm at the advance. there
was sufficient profit taking to hold 1t
in check, buyers OF offers being among
the heaviest sellers. The revival OF
export demand for all grains tends to
contradict the recent report that the
allied governments had supplied their
needs for the next three months. Bar
ring unayorable political news, the
market Is in position to advance.
Corn-Export sales OF corn yester-
day and buying by cash interests and
investors yesterday and today gave
the market fresh impetus with rest
ing points about one cent above last
nights close. The seaboard reported
that Argentine interests were buying
futures in our market despite the
early cables that the prospects there
were for unsettled weather. The cash
situation remains strong and is likely
to prevent severe declines during the
rest of the winter.
Oats-Export sales Of 750. 400 bush
els Of oats were said to have been
made at the seaboard yesterday. At
midday a fair advance was being held.
although the local trade was disposed
to be bearish. The bearish features
in oats are obvious and have been
well advertised Foreign and domes-
tic consumption is large. and the
United States OF America is the only
surplus country in the world.
Grain Review.
UNITED Press Leased Wire Service.l
CHICAGO, Jan. 16.-Wheat started
slow but firm, the big decrease in
visible supply tending to inspire buy
ing. The snow map, showing that
winter wheat had ample protection
over the wheat belt. prevented even
larger gains. May wheat opened up
", subsequently gaining rs, going
to 1875; July opened up II. gained
~, going to 1909. September wheat
opened up "a. but gained only y,
going to 1861.
Corn opened strong and there was
good buying. Offerings were small
Wintry weather over the entire corn
belt is expected to result in heavier
feeding. May corn opened up ".
gained q and went to 99ss; July
opened up q. subsequently gaining
", going to 8SA.
Oats were rather slow, but heavy
trading combined with the strength
of other grains combined to bring
about q frmness and slight gains.
y s. opened up n. subsequently,
gaining another S. going to 57M;
July opened up Y. gained ", going
to 55h.
Provisions registered a sharp ad-
vance. This was due to good buy
ing by commission houses. together
witt, the strength In hogs and the
showing OF semi-monthly stocks.
Chicago Estimates for TomorroN~. Z
Furnished by Long Commission CO..
400 Main. Telephone No. 35o351.]
Hogs, $4,000; cattle. $1,000; sheep,
$4,000; wheat. 46; corn. 279; oats, 80,
Liverpool Close.
Wheat. corn, oats, withheld by Brit
ish government.
CIearanees.
Wheat and flour, $4,000; corn, &c.,
coo; oats, $4,000.
Northwest Wheat Receipts.
Minneapolis, 151 cars; Duluth, 20
cars; Winnipeg, 557 cars.
Chicago Cash Grain.
CHICAGO, Jan. 16.-Wheat-No. 3
red, $1.s4Q1.92.
Corn-No. 2 yellow. ss1a Gs9c; No.
8 yellow. 971a @981sc; No. 4 yellow,
s66s7Ac; No. yellow, 94Q95Rc;
No. 6 yellow, s2@s3Ac; No. white.
ss& 099c; No. 3 white, 97A 99SAc;
No. 4 white, 96>@97Ac; No. white,
e4c. No. 2 mixed, 99c; No. mixed,
'g8098Ac; No. 4 mixed, 969971ac;
No. mixed, 94996c.
Oats-No. 3 white. 56A @571sc;
NO. 4 white, 56g56Ac: standard. SIN
Q5Sc.
st. Louis Cash Grain.
FURNISHED by Long Commission CO..
ST. LOUIS, Mo-, Jan. 16.-Wheat-
No. red, new, s1.96Q1.97; No. .
red, new, s1SS@1.93A; No. hard
old, s1.97@1.98
Corn-No.. 2, 99c: No. 3. 97% q
981hc: No. 3 yellow, 9S@9S1ac; No
white, 991zc; No. white. $50
sshc. ~
Oats-No. 2, No. 3, SIC; NO. =
white, 5sc; standard. SIC; No.
white. SIC; No. white. 56hsc.
Kansas City Cash Grain.
rE.uripshed by Long Commission Co.
KANSAS CITY, Jan. 16.-Wheat--
M 2 hard. new, s1.90@1.95; NO. 3
hard. new. s1.S7@1.901a; No. hard
new s1.s261.90; No. z red. new
81 ss61.92: No. red. new S1S6Q