The daily Gate City and constitution-Democrat. (Keokuk, Iowa) 1916-1922, 1917-02-21
Late Market Quotations

Lona Commission co. Grain Letter.
! FURNISHED by Long Commission Co.,
t4O3 Main st. Telephone No. 35O-35l.I
/ CHICAGO, Feb. 21.-Wheat-As
shorts became enthusiastic near the
close yesterday and many OF them not
only covered their short sales but
went long over night, 2 reaction set In
early today when they attempted to
market their surplus holdings. There
lis no change In the general situation.
From southern portions of the winter
wheat belt reports indicate apprehen-
sion in regard to the new crop wheat.
Old crop wheat continues to be in
! good demand at fancy premiums. ana
lit has been the case for some time that
contract grades command higher
prices at st. Louis and Kansas CITY
than In this market. An acute demand
for cash wheat in excess OF available
supplies is likely to develop within two
or three months and stocks every
where are likely to be exceedingly
small before new wheat arrives in the
market. We continue to favor pur-
chases on any good reaction. such as
might occur temporarily II the foreign
political situation should develop more
seriousness.
Corn-Corn refused to advance yes
terday with wheat and has shown a
declining tendency today with wheat a
little weaker. While no immediate
serious weakness is anticipated, the
curtailment in the use of corn as ami
mai feed is likely to be felt later In the
year. OF course. the new high prices
being recorded for live hogs has some
what encouraged holders.
Oats-Shippers appear more anx-
ious to get forward oats on previous
sales than to make new contracts. Cur
rent business, therefore Is smaller
than would be the case were transpor-
tation available to take grain east. The
Industrial buyers are, for the moment,
among the best and the Industrial out
put OF oats this year will undoubtedly
exceed any previous record Tne
product, aside from normal domestic
consumption, is going abroad to help
| as a substitute for wheat products.
Such use of the products In this coun-
try may well be looked for during May.
June and July for the same reason.
Note--here will be no session OF
the Chicago board Of trade tomorrow
| tThursday) February 20. account
Washingtons birthday.
Chicago Estimates for Tomorrow.
Furnished by Long Commission Co,
403 Main. Telephone No. 350-351 |
Hogs, $4,000: cattle, 5000; sheep,
IA 900; wheat, 81; corn, 1874; oats, IL.
Liverpool Close.
Wheat, corn. oats. withheld.
cIsaranees.
| 10000; oats, 10000.
Northwest Wheat Receipts.
Minneapolis. 228 cars; Duluth. 6
| cars: Winnipeg. 329 cars.
| Chicago Cash Grain.
CHICAGO, Feb. 2l.-Wheat-No. 3
hard. $1.75h.
Corn-No. 3 yellow. ss1sc@s1o1A:
No. 4 yellow. 97h199hc: No. 5 yell
low, 95@s7hc; No. white. 99A@
S101h: No. white. 9S@s9Xc; No.
8 mixed, 99kc@$1.0OA; No. mixed
97h@98Ac; No. 5 mixed, 1895 hc.
Oats-No. 8 white, 5S@59c; No. 4
white, 5sc; standard. ssh @60c. 2s1
81. LOUIS Cash Grain.
Furnished by Long Commission Col
ST. LOUIS, Mo-. Feb. 21.-Wheat--
No. 8 red. new. s1.9O@1.s2; No. 2
hard, old. s1.s9@1.s4.
Corn-No. 2. s1.00; No. 8. 500
99Zc; No. 3 yellow, $1.00@1.00A;
:; No. 2 white, $1.01; No. 3 white.
oats-No. 2, 5shc: No. 8, 5sc;
standard, soc; No. 8 white, 59kc;
F., No. 4 white, 58A 0581zc.
Kansas City Cash Grain.
Furnished by Long Commission Col
| KANSAS CITY, Feb. 21.--Wheat-
| No. 2 hard, new, 1864 91.89: No.
hard, new, s1.7001.S2; No. 2 red.
new. S1.86@1.SS; No. 8 red, new,
s1s101.se; No. 4 red, new. $1.7O0
1874
| Sk@9Skc; No. 2 yellow, SS@991zc;
No. 8 yellow, 99c; No. yellow. 81
@97hc; No. white, 98h@99c; No.
white, 9809Shc.
Oats-No. 2. 57@5sc; No. 3, $50
571sc; No. white. 5SA @59c; No. 3
white, SIC.
| Peoria Grain.
| PEORIA. ILL.,, Feb. 21.-Corn-Mar-
ket k@1c lower. No. 8 white, 99kc
@s1.0oA: No. white. CSC: No. 5
white, 96c; No. 3 yellow. 991sc: No.
q yellow. 97h@s9c: No. 5 yellow.
se@s6Mc; No. 2 mixed, $1.o0A; No.
3 mixed, 991sc; No. mixed. 97h %
/ Sshc; No. 5 mixed, CSC.
Oats-Market Ac lower. No. .
white, 56Ac.
Chicago Live Stock-ciose.
Furnished by Long Commission Col
acterized as fragrant contradiction
/ of International law"