The daily Gate City and constitution-Democrat. (Keokuk, Iowa) 1916-1922, 1917-02-16
Late Market Quotations
LONG Commission Co. Grain Letter.

Long Commission Co. Grain Letter.
\ FURNISHED by Long Commission Co,
4O3 Main st. Telephone No. S50-S5l.I
CHICAGO, Feb. 16.-Wheat-Pres-
sure on wheat from short selling forc-
led the market lower early today, Dut
There was buying OF q good class ON
a near future. Around midday unia.
Ivorable crop news was given credit
for a bull turn in the market. The real
element of strength Is the prospective
shortage Of food-stuffs and the coop.
GRAFTON which railroads are disposed
to show In relieving freight conditions.
Incidental breaks. induced by pollti-
cal news, or other influences OF tenn
| posssy &c ctes, Will S6c:1 crreaH
tiles to the investor.
| Corn-Bears In corn showed goou
deal of tenacity, but were finally fore
| ed by the strength In wheat to buy IN
their early sales. The early offerings
were well taken by houses said to pc
removing hedges against cash grain
sold, either to industries or the sea
board. AS soon as cars are available
there will probably be considerable IN
| crease in the movement, but accumu-
llations have been very slow and potn
foreign and domestic consumptive de-
mands will undoubtedly continue adj
normal.
Of liberal sales
yesterday to the government, bad crop
reports from the south and the ex-
IRENE high prices which are being
paid for supplies in position to be ship
ped promtly accounted for quick
rally Of the early loss and fair ad.
vance in rices up to midday. Oats are
probably the safest investment OF any
grain.
Grain Review.
UNITED Press Leased Wire Service.1
CHICAGO, Feb. 16.-Wheat carried
an easy undertone today although the
transportation situation remained
practically unchanged. Both wheat
and corn opened down fraction. nut
later regained the loss from yester-
days close. May wheat opened down
y, later gaining ". going to ITO.
July wheat opened unchanged. later
going up u to 149A. September
opened down x, later regainins 4
to 1881.
Corn opened easier although first
quotations displayed downward
break. The loss was recovered !a!er'
May opened down h. later regainlng
", going to 1918; July opened down
IN and later regained u to l0Oh.
Oats opened unchanged. but later
the break in corn and wheat caused
depressing effect. 1t rallied along
with the major grains May opened
unchanged and later gained 10 70
| 57M. July opened unchanged ana
gained " to 54A.
Provisions were exceptionally quiet
but very slight gains being evl-
! denced.
Chicago Estimates for Tomorrow.
| fEs,rnished by Long Commission Co.
4e3 Main, Telephone No. 3b0-SSl.I
HOGS. 21.OOO; cattle. 1907 sheep.
5000; wheat, SO: corn. 168; oats. 70.
Liverpool Close.
| Wheat. corn, oats, withheld.
Clearanees.
| Wheat and flour. 57A.OO0; COIL
SIS, 900; oats, $4,000.
Northwest Whsat Receipts.
| Minneapolis, $50 cars: Duluth, Z
| cars; Winnipeg, 319 cars
! Chicago Cash Grain.
CHICAGO, Feb. 16.-Wheat-No. 3
red. $1.75@176h; No. 2 hard, $1.8O.
Corn-No. 8 yellow, s1.01@1.02; No.
4 yellow, 99c@$1.00A; No. 5 yellow,
Ess699Ac; No. 2 white. $1.01A @1.02;
No. 8 white, S1.01@1.02; No. white.
99Ac@S1O0A; No. white. S9Ac;
No. 2 mixed, $1.02; No. 3 mixed.
ls1.O0A @1.01h; No. 4 mixed, 9sAc@
$101A; No. mixed, 9sA @99Ac.
Oats-No. 8 white, 581x059hc; No,
4 white, 59c; standard. 5Sh Q5Shc.
ST. Louis Cash Grain.
furnished by Long Commission Col
ST. LOUIS, Mo-. Feb. 16.-Wheat-
No. 2 hard, old, s1.85@1.90.
| Corn-No. 2. s1.0Oh; No. 3. 1900
l1.OO5k; No. 3 yellow, 800; No. 2
white. 31.o2: No. 3 white. N.olV
Oats-No. 2, 5sc; No. 8. 571ac; No.
2 white, Coo; standard. soc; No.
white, 58h@59c; No. 4 white. 5Sc.
! Kansas City Cash Grain.
| FURNISHED by Long Commission Col
/ KANSAS CITY, Feb. 16.-Wheat-
mo. 2 hard new, $1.81hQ1-S4; No.
hard, new. $1.79h01S0h; No. Z
hard, new. $1.72@1.74; No. red
new, $1.78@1.s2; No. 3 red, new
ls17501.s0; No. 4 red. new, $1.660
LII.
! Corn-No. 2, ssA@9sNc; No. g.
is7h@98c; No. 2 yellow, 99kcq
islOO; No yellow, 99@991sc; No. Z
white, 9ShQ99c; No. 8 white, 97h @
CSC. !.
! oats-No. 2, 56h@57Ac; No. 8
l55h@56hc; No. 2 white, 59c; No. ]
white, 571a@58lAc.
Peoria Grain.
| PEORIA, Ill, Feb. 16.-Corn-Mar
|ket unchanged, hc higher. No.
white, ;1.O091.00A: No. white
|ssc; No. white. 96c: No. 3 yellow
ls1.O0@1.o0h: No. yellow, 9sg
sshc; No. yellow. &c; No. vel
How, 94c; No mixed. $1.Ol; No. >
A