The daily Gate City and constitution-Democrat. (Keokuk, Iowa) 1916-1922, 1917-02-08
Late Market Quotations
Grain Letter.

FURNISHED by Long Commission Co.,
403 Main. Telephone Mo. 35O-351.l
CHICAGO, Feb. Wheat
was heavy during the morning but.
on the decline, there was q good
class OF buying OF both old and new
crop futures. The May was bought
by local cash interests. and seaboard
interests were credited with the pur-
chase OF July. AS a result. local
traders who had been pressing the
short side during the morning. at
tempted to cover shortly after mid
day and prices reacted to last nights
best closing figure for May and about
/ cent higher for the deferred de-
liveries. There was export inquiry
at Atlantic and gulf ports, and prem
iums were firmer. Political condi-
tions are generally unsettled and
will probably result In sharp breaks.
These should be awaited before max
ing purchases.
Corn-Corn was lower early with
wheat but rallied with that grain
and around midday was slightly
above last nights close. Transporta-
ton facilities are very bad, both in
and out of terminal markets. While
the price is abnormal. supply and
demand conditions are also extra
ordinary and will finally result IN
higher prices.
Oats-Oats showed no independ-
ence, outside trade being limited and
local traders mostly bearish. Cash
demand was somewhat slackened,
probably due to freight conditions.
Buying orders, held for breaks.
should prove profitable.
Grain Review.
UNITED Press Leased Wire Service
CHICAGO, Feb. S.-With the I'M
certainty still surrounding the inter
national situation, wheat continued
to remain nervous today. The market
was depressed and buyers were
scarce. May opened down and sub
segnently lost - TO 1856; July
opened down ", later dosing " TO
146; September lost " on the open
ing but gained " later, going back to
1861.
Corn started out lower In sym
pathy with wheat, but later reacted.
May corn opened down ", later gain
ing II to 101. July opened down y,
subsequently regaining Y to $685..
Oats were weak. little trading be-
ing in evidence. May opened down
Provisions showed slight gains ov-
er opening figures.
Chicago Cash Grain.
CHICAGO, Feb. 8.-Wheat-No. 3
red. $1.711a: No. spring, s1.7O.
Corn-No. 2 yellow, $1.01A0
1.o2A; No. 3 yellow. 99Ac@$1.o1A;
No. 4 yellow, 98c@$1.O0; No. vel
low, SIC: No. 2 white, SLOPPY; No.
white, $1.0OA; No. 2 mixed, $1.02;
No. mixed. $1.00A .011s; No.
mixed, 9s@99Ac: No. mixed, 97@
971ac; No. 6 mixed, CSC.
Oats-No 3 white. SAX 955c; No.
white. $3.50 @54Ac; standard, SAX
st. Louis Cash Grain.
Furnished by Long Commission Col
ST. LOUIS, Mo-, Feb. 8.--Wheat-
No. red, new, 1882: No. red, new,
sta; No. 2 hard. old, s1.77@1s21k.
Corn-No. 2, s1.OO; No. 3, $50
9skc; No. 3 yellow, 991sc@$1.00;
No. 2 white, $1.01@1.O1H;; No. 8
white, $1.01.
Oats-No. 2, 551sc; No. 8, 55c;
standard, SIC; No. white, SEQ
561kc; No. white, 554@56c.
Kansas City Cash Grain.
FURNISHED by Long Commission Co.
KANSAS CITY, Feb. S.-Wheat-
No. 2 hard, new, s1.72g1.76; No. 3
hard, new, $1.7001.721a; No. 4 hard.
new, $1.6S: No. red, new, s1.72@
ITS; No. red, new, $1.67@1.73; No.
red, new, s1.5701.71.
Corn-No. 2, $50; No. 3, 971kc; No.
2 yellow, 991ac; No. 4 yellow. 9Shc;
No. white, sshc; No. 3 white, 971s
@sSc.