The daily Gate City and constitution-Democrat. (Keokuk, Iowa) 1916-1922, 1917-01-11
Late Market Quotations
Lonq Commission Co. Grain Letter.
I Furnished by Long Commission Co.

Long Commission Co. Grain Letter.
FURNISHED by Long Commission GO,
4e3 Main St. Telephone No. 35O-SS l.
| CHICAGO, Jan 11.-Wheat-Seilers
OF wheat late yesterday and early 70
day, on the theory that the allied pow
ers' reply to the American peace note
would be concilatory were disappolnt'
ed in the tenor of the British premier
address to the house of commons
which was made public this morning.
By midday the market had advanced
about five cents from the early low
This incident is illustrative OF the gen
eral situation n the wheat trade winch
s at all tines more under the influence
of supply and demand conditions than
under varying political developments.
The domestic visible continues 70 oe-
crease and much of the reduction IN
supplies has of late been at the eX-
pense of milling stocks. A very acute
cash situation will develop before an
other crop is harvested.
orn-Corn was quick to respond to
the strength in wheat, and was also
helped by the continued export de-
mand and the falling OF in country Of
ISTlnRS. lmpOllllS SouhtAAC oPPossA
to be anticipating the impending short
age of foodstuffs and are evidently pre-
pairing to substitute, as far as possible.
other edible grains for wheat. This
combined with our moderate crop Is
likely to mean high prices for corn
throughout the crop year.
Oats-Oats were slow to respond to
the strength n other grains. the vol
Sr< tn fhfc NaPQQt
being less than that wheat and corn.
Argentine shipments are expected TO
be very light for this year and for this
week are nil, While the immediate
are bearish, the extra de-
mand for American oats this year will
probably mean higher prices later on.
Grain Review.
UNITED Press Leased Wire Servicel
CHICAGO. Jan. Inlay wheat Dc
played heaTiness toiay&a at the opening
due to heavy selling. The later months
were inclined to be stronger. Strength
later in the day was due to the cold
wave over the wheat belt and lack OF
snow protection for the growing plant
May wheat opened down q. then
gained IN, going to 1854. July opened
down g, then gained 2ss, going to
1893. September wheat opened uI
*, gained q to 1854.
Corn had firm undertone, the Ar
gentine news, better cash demand and
colder weather, which will increase
feeding were bull factors May opened
up "a, subsequently gaining IS. going
to 9SM. July opened up e., gaining
81 going to 97A
Oats were shade better in, spite OF
light trading. Little disposition to sell
was shown. May opened UP "a
gained *, going TO 57ss. July opened
up h, gained N. going to 5414.
Provisions also displayed little &C
tivity. but prices ruled easy. Com
mission houses sold in a small way
because Of hog weakness
Chicago Estimates for Tomorrow.
Furnished by Long Commission Co.
403 Main. Telephone No. 35e-351.l
Hays, $4,000; cattle 4,000:N sheep
5000; wheat, Al; corn, 318; oats. 1871
Liverpool Close.
Wheat, corn, oats, withheld b,
British government.
ciearances.
Wheat and flour, 2,140,000; corn
100000; oats. 100000.
Northwest Wheat Receipts.
Minneapolis,A 234 cars; Duluth, 81
cars; Winnipeg, 373 cars.
Chicago Cash Grain.
CHICAGO, Jan. 11.-Wheat-No.
red: $1.92k; No. hard, $3.50
18TH.
Corn-No. 2 yellow. 96h@971sc;
NoI 3 yellow. 951k097hc; No.4 vel
low, 95A @961kc; No. yellow, 93l
csc; No. 6 yellow, 91hc; No. 2 white
t96h@96Ac: No. white. 96097hc;
No white. 94@96c; No. white
931kc; No. mixed. 95A Q97c; No
mixed. 94k @96kc; No. mixed
921a 6941hc:- No. mixed, 941ec.
Oats-No. 3 white, 66N@57Ac;
No. 4 white. 56Ac; standard, 56k q
57Ac.
St. Louis Cash Grain.
Furnished by Long Commission Co.
ST. LOUIS, Mo-, Jan. 11.-Wheat-
No. red. new, s1.9s02.o5; No :
red, new, s1.91@2.o2; No. 2 hard
old. s1.9s.
Corn-No. 2, s7kc; No 3, sGkc;
No. 8 yellow, &c; No. 2 white. soc;
No. white, CSC; No. white, 961a q