The daily Gate City and constitution-Democrat. (Keokuk, Iowa) 1916-1922, 1917-01-18
Late Market Quotations
Long Commission CO. Grain Letter.

| CHICAGO, Jan. 18.-Wheat-High
premiums for cash wheat at the sea
board and renewed export activity
were features in strong market
which at midday was around top
prices at good gains from last nights
close. Foreign interests were also
credited with buying futures in our
market. The market is in strong
position technically Is is shown by
the fact that what would ordinarily
be regarded as bearish news is hav-
ing little or no effect on prices. 1t
seems now to be generally conceded
that the destruction of freight yes
sells in southern Atlantic waters
means increased buying OF North
American supplies. Decreasing do
mestic supplies will be their feature
from now on, with export and do
nestle requirements increasing rath-
er than abating.
Corn-Corn again entered new
ground In the history Of our futures
market. Speculative interests furn-
ished the bulk OF the selling, while
cash houses were on the buying
side. Argentine conditions remain
uhfavorable owing to dry hot wealth
er. -On the bulge around midday to-
day there has been urgent buying by
shorts which may temporarily weak
en- the technical position OF the mar
ket, but on moderate breaks the
Buying side seems better.
GatsIThe seaboari was in the
market for oats again today. A large
number Of vessels is awaiting car
goes at eastern points but. on ac-
count of the lack of sufficient work
ing space, the loading OF all grains
10 ho5n ho mn ia
however, that large quantities will
gradually be loaded out, thereby re-
aucing our supply and what is equal
~ important. reieasiug/large num-
bers Of cars. -
Grain Review.
UNITED Press Leased Wire Service.l
CHICAGO, Jan. 1s.-Grain futures
showed good advances on the market
today. May wheat, which opened at
1SS gained an additional point, going
Us above yesterdays close. Firm,
ness was due to light offerings aud
fair commission house buying. Petit
zeal news was also little more favor
able to holders and peace prospects
appear pretty much dimmed. May
wheat opened up Is, and subsequently
gained l., going to 189. July opened
up Is. and gained Is, going to fof ..
September opened unchanged but
later gained 1a, going to 1864.
Corn established record, May
selling above 101. the highest point
since 1868. There was a rush to buy
at the start the destruction OF ship
ping and probable loss of Argentine
corn in the South Atlantic is expected
to improve the demand for North
American corn. Max opened up y.
gained q, going 10 fvI ~ jury open
led up n, subsequently gained n. 8,
ing to 100.
Oats were posted higher in initial
transactions and the market was al
fected by the trend In corn and
wheat May oats opened up h, and
then gained Is, going to ssh. July
opened unchanged but registered .
gain of q, going to 56h.
Provisions averaged lower on the
easier feeling Of hogs. Slight fluc-
tuations, both up and down were re-
corded.
Chicago Estimates for Tomorrow.
FURNISHED by Long Commission Co,
Hogs, $1,000, cattle, 5000; sheep.
II, 900; wheat, 81: corn, 265; oats, 1877.
Liverpool Close.
Wheat, corn, oats. withheld by Brit
| ish government.
Clearances.
Wheat and flour, 161 900; corn, 22S,.
600; oats, 5000.
Northwest Wheat Receipts.
Minneapolis, 2O3 cars: Duluth, 16
cars; Winnipeg, 259 cars.
Chicago Cash Grain.
CHICAGO, Jan. 18.-Wheat-No. 2
red, $1.9601.97A; No. 8 red, $1.90x
OBI; No. 2 hard, $1.98.
Corn-No 3 yellow, $1.o1N; No. 8
yellow, $1,000, OH; No: yellow,
s7ac@s1.o0A; No. s yellow. ESQ
&C; No. 8 white. S1.o0@1.00h; No.
i-wbite. 9skc9$1.o0; No. s white.
mixed, sshc@s1.o1; No. mixed.
s6h0sshc; No. s mixed. s4@ssc;
No. s mixed, 96c.
Oats-No. white. SIX @5shc;
No. white, 57@57zc; standard.
ssA@5sc-
ST. louis Cash Grain.
Furnished by Long Commission Col
ST. LOUIS, No, Jan. 18--Wheat--
No. 2 red, new, s1.ss02.001z; No.
red, new. s1.9101.94; No. 2 hard, old
Corn-No. 2, $1,000; No. 3. 800;
mo. 8 yellow, $1.001a;S No. 3 white,
s1.O1; No. white, S1.o1.
| Oats-No. 2, No. 3, No. white,
57hc; No. white, 591kc; standard,
soc; No. white. 5S15Shc.
Kansas City Cash Grain.
FURNISHED by Long Commission Col
KANSAS CITY, Jan. 18.-Wheat--
No. 2 hard, new. $1.92h@1.94: No, 3
hard, new, s1.92; No. hard, new.
s1.s7@1.Ss: No. red, new, s1.92;
No. 8 red, new. s1-S9; No. red, new.
s1S291.8S.
s7c: No. yellow, 97@971kc; No. 3
yellow, ssk@97c: No. 2 white, $40
oat-No. 2, 56@5s1kc; No. 3. $50