The daily Gate City and constitution-Democrat. (Keokuk, Iowa) 1916-1922, 1917-05-05
Late Market Quotations

Unfinished by Long Commission Co,
4e3 Main st. Telephone No. 358-351. ]
| CHICAGO, May 5.-Wheat-Wheat
did not come out freely on an early de-
cline this morning because most Of
the long commitments is held by for
eigners or millers who are buying
against future needs in consumptive
or industrial way. The local trade en-
/ Unused on dull and easier market and
were obliged near the close to buy
back their early sales on an advancing
market. Private reports indicate a
very low yield Of winter wheat, which
the government may confirm in it's
May report. The combination of crop
conditions and the scarcity Of cash
wheat is likely to make further Bulges
but we strongly advise against pur-
chases in view OF the great uncertain
ty of the political situation.
Corn-Conditions in corn are very
much like those in wheat, except that
it is not unlikely that the crop pros
pect will be materially better than
that Of wheat. The ground is in good
condition and, although the season is
backward, there will probably be a
material increase in the acreage and
good seed is easily obtainable. The
scarcity of cash corn which is likely
to continue well after urgent spring
work is compNed may very likely hold
the market firm and even advance it,
but buying on bulges above thes< lev
els seems unwise and reckless.
Oats-More interest is displayed in
oats than in corn and wheat at pre-
vailing prices. There is, however, the
continued handicap Of big supplies
and rosy crop outlook to check
bulges. A good trading market exists
nevertheless. in this commodity,
ranges being wider than those ordin-
arily occurring in the more active
grains during normal times. Those
wishing to trade would do we'll to con-
fine their operations to oats.
Observation-Disclosures were dull.
with light scattered trade, mostly in
lard. Locals pressed the selling at any
sign OF weakness. The Swift inter
ests were credited with support on
the declines. There has been a not
iceable falling off of outside interest
the last week. The trading is nearly
all Of a professional nature. which
gives the market nervous tone and
causes wide price fluctuations. Cash
trade was fair with prices holding
strong
Chicago Estimates for Tomorrow.
FURNISHED by Long Commission Co.,
403 Main. Telephone No. 350-351 ]
Hogs, 10000; cattle. 10000; Sheep
10000; wheat, So; corn, rs; oats, 100.
Ciearanees.
Wheat and flour. $4,000; corn,
$4,000; oats, none.
Northwest Wheat Receipts.
Minneapolis, 2S3 cars; Duluth. SIS
cars; Winnipeg, 65s cars.
Chicago Cash Grain.
CHICAGO, May 5.--Wheat-No. 3 4
red. sos.
Corn-No. 2, yellow, s1.5s@1.eo;
No. 8 yellow, s158@1.6O; No. 2 white
$1.66; No. 3 white, s1.63k 91. 68k;
No. I mixed, s1.61; No. mixed,
$1,60; No. 3 mixed, s1.58@159A; No.
4 mixed, $1.57A.
Oats-No. white, 70@71Ac; No. !
white, 69A @70c; standard, 700
71kc.
Kansas City Cash Grain.
FURNISHED by Long Commission Co.
KANSAS CITY, May 5.--Wheat--
No. 2 hard, old, s3O0031o; No. 8 1
hard, old, $2.98@3.0S; No. 4 hard,
old, s2oo@2.90; No. 2 red, old, $3.50
Q3.02; No. 3 red, old, $3.50; No.
red. old, s2.S5.
Corn-No. 2, S1.511s; No. 8, $1,000
1.51; No. 2 yellow, $1.52@1.53; No.
yellow, $1.51@1.52; No white,
s1.63; No. 8 white. s1.62@1.63.
Oats-No. 2, 701a @71c; No. 3, 700
Tic; No 2 white. 72c; No. 3 white,
sl-,