The daily Gate City and constitution-Democrat. (Keokuk, Iowa) 1916-1922, 1917-02-19
Late Market Quotations
Long Commission Co. Grain Letter.
FURNISHED by Long Commission Col

Long Commission Co. Grain Letter.
| Furnished by Long Commission Co.
| CHICAGO, Feb. 49, Wheat
Symptoms Of improvement in the
TRANSPORTATION situation have been
/ responsible for some change IN the
professional attitude, and there has
| been covering by some Of these In
| terests which have been very bear.
iist recently. The trade does not
broaden perceptibly as yet, and pos
sibly the growing period may have
| to be awaited before much interest,"
will be shown by the outside trade.
Clearances continue liberal, WhIie IN
terror stocks continue to decrease.
While substitutions are being made
abroad, they are not effected at nome
nor are they likely to be until the
impossibility of securing adequate
supplies Of wheat -four necessitates
such substitution. We look to see
this occur during the latter part OF
the old crop and the early part OF
the new crop year.
Corn-Buyers have taken adVan-
tage of more liberal receipts 10
secure today's arrivals at better as
counts as compared with the may
price. The slowness OF nanaNns
grain from the country has been =
factor In the car situation and, Win
softer weather, the round trip rom
country elevators to terminal e'esa-
tors is likely to be made IN shorter
time, which will make it possible 70
take advantage of the good suppnes
of corn which country elevators are
known to hold. Under these cohui-
lions, purchases Of corn should De
limited to immediate necessltles.
Oats-The relative cheapness Oh
oats will continue to make them tne
feeding favorite. 1t Is belfeved mat
large part of terminal STOCKS are
sold ahead, and there continues 70 DC
combinations Of the extensive use Q,
oats abroad for human food, as Wen
as for animal consumption. Ihese
conditions are likely gradually 70
impress themselves upon the traoe,
especially in view OF the fact tnaI an
current arrivals are wanted at ma
terial premiums over the price ior
May delivery.
Grain Review.
r1Jnited Press Leased Wire Service]
CHICAGO, Feb. 19.-Wheat de
yeloped strong tone from the starr
+! today. There was a reversal or senti
ment and every one WAS talking Dull
ish pellet that the shipping sltua
| tion would improve steadily and the
| clearing Of railway conditions caused
a favorable outlook. Trade was small
hut gains in May wheat were sharp
Nav opened UP Is, later gaining. 2M
going to 1864. July opened UP y
subsequently gaining to loo1s
September opened up " and gained
n to 1898. 49,,
Corn showed sharp advance, little
corn being in evidence to supply the
demand at the opening. Selling latel
diminished the pressure. May opened
IN u, later gaining = to 1O2. Ma.
opened IN " and gained y to 10OA.
Oats showed higher prices follow
ing the advances In wheat and corn
Onerings were extremely light. Ma!
oats opened up u later gaining u 7
l57M. July opened UP n and later ad
vanced s to 55s.
Provisions were shade higher, blu
trade appeared draggy.
! Chicago Estimates for Tomorrow,
FURNISHED by Long Commission Co
400 Main. Telephone No. 3S0-361s
Hogs, $4,000; cattle, 5000; sheep
Is OOO; wheat, 81; corn, 427; oats, 2ls
Liverpool Close.
Wheat, corn, oats, withheld.
CleArances.
Wheat and flour, 1,520,00O; corr
420, 900; oats, $4,000.
Northwest Wheat Receipts.
\ Minneapolis, 423 cars; Duluth,
cars; Winnipeg. 174 cars.
1 Chicago Cash Grain.
CHICAGO, Feb. 19.-Wheat-No.
lred, $1.80h 01.S0k; No. 3 hard
$1.79.
Corn-No. 2 yellow, $1.o2@1.02h
No. yellow. s1.o0A@102; No.
yellow, 9s1kc@s1.01; No. yellow
i97k@99hc; No. yellow, 96@
s6hc; No. white. $1.02; No. whit,
IS1.01A @102A; No. 4 white, 9shcd
$1,000; No. 5 white. CSC; No. s white
e5hc: No. 2 mixed. $1.01h@1.02
No. 8 mixed, $1,000 @1.01h; No.
mixed, 98kc@s1.00; No. s mixed. 81