The daily Gate City and constitution-Democrat. (Keokuk, Iowa) 1916-1922, 1917-01-15
Late Market Quotation

Lono Commission co. GRAIN eektST'
I CHICAGO, Jan. 15.-Wheat-The
ilcoasirmatioil OF prospective shortage
in supplies of wheat was given to the
| trade this. morning in report from
/ B. w. Snow, VINO estimates the
amount of wheat for export and carry
over from January 1 to July !, 1917 at
seventy-four million bushels. In the
light of figures issued Saturday tp re-
gard to 'Europe's requirements, the
strength OF the situation is un-
paralleled in our history. The visible
supply is decreasing rapidly, incom-
plete figures on last weeks change in
dicating an increase Of over three mil
lion. Cash wheat Is holding Its pre-
MUM over the futures. No. 2 red sell
ing in Chicago today at 10 cents over
the May. We feel that it Is advisable
to be in position to buy wheat ON
the breaks.
Corn-Corn was stronger than
wheat, fair share of the buying be-
! ing created TO export account. Elk
port interests are buying in the coun-
| try and the probability OF heavy
movement to this market Is being
daily reduced. Further unfavorable
reports are being received from the
Argentine, the weather there being
hot and dry. Prevailing prices for
/ live stock do not warrant any sharp
decline in corn values.
| Oats-Oats sympathized with the
| firmness in other grain markets and
/ were also helped by clearances OF l.
1 $4,000 bushels and the prospects OF
! a sharp DECREASE in the visible sup
ply. There are heavy stocks of oats.
/ however. in all positions and a bull
market, from supply and demand
basis cannot be expected for several
months.
| Grain Review.
| UNITED Press Leased Wire Service.]
| CHICAGO, Jan. 15.-Wheat had a
steady but rather slow start. gained
slightly early, then dropped again. May
! wheat opened up y then lost ", going
to 1876. July opened down and sub
lsequently lost another ". going down
10 1491a. September opened up Is
sken lost Is. going to 134A. There
Twas no crop news Of importance.
! Heavy snow throughout the middle
west was favorable to the winter
wheat.
Corn opened quiet and maintained q
small gain. Offerings were small and
locals bought on wheat strength. May
corn opened up " then gained -, go
ing to s91s. July opened up v. gain
ed u, going to 977s.
! Oats were inclined to hrmness.
Trade was light. May opened up Is
then dropped ~. going to 67A. July
iopened up ". the gained ", going to
54ss.
| Provisions ruled a shade lower.
Early trading were small.
Chicago Estimat es for Tomorrow.
Furnished by Long Commission Co.,
403 Main. Telephone No. 350-3b1.]
Hogs, $1,000; cattle, 1000; sheep
a eco; wheat, 90; corn, 4o1; oats
1874.
Liverpool Close.
British government
Ciearances.
Wheat and flour, 1,034, 900: corn
1872, 900; oats, 100000.
Northwest Wheat Receipts.
Minneapolis, 400 cars; Duluth, q
} cars; Winnipeg, SO cars.
} Chicago Cash Grain.
/ CHICAGO, Jan. 15.--Wheat-No.
/ red, 1891; No. 2 hard, s1.s4sq
; $1.94@1.95A.
Corn-No. 2 yellow, 98kc; No.
yellow, s7A @9sAc; No. yellow. 81
@97kc; No. 5 yellow, 93h@95c; No
s yellow. 92@93c; No. 2 white. 9s1a
098Ac; No. white, 97A @9Skc;
No. white, 97@9Sc; No. 2 mixed
CSC: No. mixed, 97@98c; No.
mixed, 95k @97Lzc; No. 5 mixed
SAN 095c; No. 6 mixed, 92h@93c.
Oats-No 3 white. 561z@57c; No
, , white, 56k@56Ac; standard, 56N
@57hc.
Kansas City Cash Grain.
FURNISHED by Long Commission Co.
KANSAS CITY, Jan. 15.-Wheat-
!. No. hard. new. $1.90@1.92: No. !
hard, new, s1.s7@1.90; No. 4 hard
new. $1.s4; No. 2 red. new, $1.8SQ
191; No. red, new, $1.83@1.89: No
, red, new, $1.s0@l.s6.
Corn-No. 2, 95Ac: No. 3. 94h q
! csc; No. yellow, 96c; No 3 yellow
t95hc; No. 2 white, 95zc; No.
|, white, 94h095c.
Oats-No. 2, 4k055hc; No. 3
53h @54hc; No. 2 white, SIC; No.
white, sec.