The daily Gate City and constitution-Democrat. (Keokuk, Iowa) 1916-1922, 1917-02-14
Late Market Quotations
Long Commission co: Grain Letter.

4 u q
Long Commission Co. Grain Letter.
FURNISHED by Long Commission Co..
400 Main st Telephone No. 350-351.1
| CHICAGO, Feb. 14.-Wheat-The
wheat market was heavy. due more
| than anything else, to the dimculty IN
securing cars. There was also some
pressure from the fact that the federal
trade commission is investigating the
high cost Of food -stuffs. In this con-
nectfon it is interesting to note thai
while ham. sugar. butter. lard and po-
tatoes have advanced during the year
1916 from 16 to 100 per cent. the adj
vance in flour during the same per-
iod was only II per cent 'rnere was
a short crop OF potatoes, similar to
that in wheat. and the former. adyanc-
ed 100 per cent during the year
Wheat within reach OF millers or ex-
porters Is in very good demand, BIDS
at the gulf today being IA cents over
the May as compared with 6 cents
oyer ten days ago. There is no 'un-
warranted initiation IN the value OF
wheat.
Corn-The same influences that
held wheat down acted in corn. but the
market did not break so severely. In
dustrial consumers and feeders are
having difficulty in securing supplies
and loading from store continues at
a period when receipts should far ex-
coed local requirements. AS soon as
freight conditions show some improve
ment higher prices will follow prompt
~.
Oats-An eastern jobber reports
that New England Is in great need OF
oats for immediate feeding require
ments and that, as seeding time ap-
proaches, aSgood deal of anxiety Il be-
ing felt because farmers have not, So
far, been able to secure seed oats. AS
soon as the railroads find 1t possible
to move oats. we believe that the large
stocks In the west will be quickly abb
sorbed by domestic and foreign de-
maid.
Grain Review
UNITED Press Leased Wire Service.J
CHICAGO, Feb. 14.-The wheat
markee opened dull and continued de-
pressed throughout the morning. The
rail situation is directly responsible.
May wheat opened down III. later
declined N to 171%. July opened
down 1ss, later losing u to 146A,
September opened down TX, but later
gained Is to 1874.
Corn was dull and lower. Local
selling and lack of support was
noticeable. May opened down ~,
later losing Is to 100A; July opened
down. ", later losing 4 to 49,.
Oats displayed little change. being
lower in sympathy with the major
cereals. May opened down Is, later
losing " to Boy; July opened down
", later losing the same amount 70
545s.
tiyity and prices held steady. Later
in the session. slight gains We're re-
/ corded. ~ /,
Chicago Estimates for tomorrow.
FURNISHED BY Long Commission 20.
400 Main. Telephone NO. S5o,Sol.l
Hogs. 1900; cattle. 5000; sheep,
10000; wheat, As; corn. 2ol; oats -,
Liverpool Close.
Wheat, corn, oats, withheld.
ciearanees.
Wheat and flour. 103, 900; corn,
122 900; oats. 5000.
+
Northwest Wheat Rsceipts,
Minneapolis, $50 cars; Duluth, q
cars; winnipeg. 145 cars.
Chicago cash Grain.
CHICAGO. Feb. 14.-Wheat--No. 3
red. S1.72A @17415: No. 3 spring.
$1.711s.
Corn-No. 2 yellow, s1.o1@101A VI
No. 8 yellow. ss1ac0$1.011s; No. 4
yellow, 98c@$1.00; No. S yellow, 50 u
@9shc; No. s yellow. S6A 0S71ac;
No. 2 white. $100h@101A; No. 3
white, $1.0o@1.O0A; No. 4 white. sSc:
No. 3 mixed, $1.00A; NO. 3 mixed.
9s%c@$1.o1; No. 4 mixed. $50
99hc; No. mixed, 95h@98c.
Oats-No. white. 56hQ57hc;
standard, SIN @5Sc-
d +