The daily Gate City and constitution-Democrat. (Keokuk, Iowa) 1916-1922, 1917-01-08
Late Market Quotations

Long Commission Co. Grain Letter.
FURNISHED by Long Commission Co.,
400 Main st. Telephone No. 35O-35l.l
| CHICAGO, Jan. 8.-Wheat-Contin-
ued strength in wheat today Is trace
able directly to the irmness OF the
cash market which In turn, is the re-
suit of heavy export and milling de-
mand. High premiums are maintain
ed at interior points. and it is even re-
Iported that northwestern interests are
attempting to buy back from Buffalo
wheat sold some time ago. Importing
countries seem to realize, more keenly
than does the speculative trade in this
country. the impending scarcity OF
breadstuffs. Our. surplus will have diff
ticulty before spring, and sellers OF
future contracts will have difficulty
| in satisfying them either in the cash
or futures markets.
Corn-New high levels for corn are
due to the same influences as the
strength in wheat. Export sales TO-
4 day have been large and Chicago in
terests have enjoyed a larger share
than hitherto on this crop. There was
considerable amount sold to sea
board interests for the opening OF
navigation at wide premium over the
May and the May was bought In our
market. There are indications that
the movement of corn On this crop
will be only moderate and will result
in very small accumulations, on ac-
count of the excellent export and In
dustrial demand. On sharp breaks
the buying side should be followed.
Oats-A good demand for the cash
article and sympathy with other grain
markets were the factors In higher
prices for oats. The supply of oats In
sight is large, but is not increasing
and, as soon as seaboard stocks are re-
duced, it is anticipated that the visible
will disappear promptly.
| Grain Review.
lIunited Press Leased Wire Service.l
| CHICAGO. Jan. 8--Good gains
were established in grains to1ay.
| There was a rush to buy through
commission houses, While offerings
were small Strength in outside mar
bets lent firmness. The fact that the
war is to be fought to finish was
one of the man bull arguments. May
wheat opened UT 70 and subsequently
gained 21a, going to 1857. July
wheat opened up 1H and gained %,
standing at 1879. September wheat
was quoted at 141.
Corn opened firmer. but the under
tone was not as strong as SATURDAY.
May corn opened up as. gained Is to
1c0N. July corn opened up - and
gained IS to 99B.
] Oats ruled higher along with wheat.
May opened up Is, gained Is. going
to 5Sts. July cats opened up u and
gained u, going to 55 -.
/ Provisions displayed irmness with
the strength II. grains. Commission
houses bought moderately.
Chicago Estimates for Tomorrow,
FURNISHED by Long Commission Co..
4O3 Main. Telephone No. 35G-351. ]
! Hogs. $1,000; cattle, 1000: sheep.
10000; wheat, los; corn. 600; oats.
PCS.
Liverpool Close.
Corn, VI lower.
ciearanees.
Wheat and flour, 1,SS3.O00; corn.
32S,000; oats, $4,000.
Northwest Wheat Receipts.
Minneapolis, 461 cars; Duluth. 80
cars; Winnipeg, 3O3 cars.
| Chicago Cash Grain.
CHICAGO, Jan. S.-Wheat-No.
red, $198h92.00; No. red. 1920
1.9Sh; No. 9 hard, $1.97A @ 1.99 Is;
No. hard, $19501.97.
Corn-No. yellow. 97A @99c; No.
8 yellow, 9709S%c: No. yellow.
E95% @9Sc; No. 5 yellow. 94@96c; No.
6 yellow, e3h @96Ac: No. 2 white.
ssXc; No. white. s7A @s9c; No.
white, 96k@a7hc; No. white, a5h
! 096c; No. mixed. 9S@98Ac; No. 3
mixed, 97@98hc; No. mixed, 1914
@97hc; No. mixed, 94h@S6c; No.
6 mixed, 94c.
Oats-No. 8 white, 56k95sc; No.
white, 57@57Ac; standard, STAG
5SAc.
st. Louis Cash Grain.
Furnished by Long Commission Col
ST. LOUIS, Mo-, Jan. 8.-Wheat-
No. red, new. $2.0o9205: No. 3
red, new, $1.9201.97; No. hard, old,
s200@2.O2h.
Corn-No. 2, 991sc; No. 8. 99c: No.
3 yellow, 991ac, No. 2 white, $1,000;
No. 3 white, 99c@s1.00.
Oats-No. 2, 571kc; No. 3, 560
5sHc: standard, 58kc; No. 8 white.
51h@5Sc; No. white. SIC.
Kansas City Cash Grain.
furnished by Long Commission Col