The Detroit times., 1909-07-13
GRAIN AND PROVISIONS.

DETROIT. July le-Close The bulls
have been making good headway IN the
early part OF the crop year ana reel
confident of final victory. Last week
brought an advance in July at time
when the bears felt sure the free
movement OF new wheat would cause
decline But there was no Tree NOV IsN5,s
ment OF new wheat and the OUTLOOK
holds little promise or any. Bau
weather prevents harvesting anu
threshing and IL is doubtful II the
i'm securing his crop The farmer has
very high ideas about wheat values
and is likely TO hold his crop. rms
cuts out hedging sales. me eNp0.tStl
wheat that is moving. Cash wheat was
quiet and unchanged. July i7c hlgher
and the other futures Ia lower AT the
close.
Wheat ouotations-Cash No red.
sl37 July opened with an advance OF
fr- at 81 ae dropped VI at
vanCed To- sl193. and closed at VI. 20,
september opened unchanged al y.
declined 20 s1.ll "a and closed ~ ~ :;
December opened at sll3 declined to
S1.l2. and advanced 10 ~ - NO
red sl3l: No. I white. sl31
Coarse grain quotations: Corn--Cash
No . Use. No 3 mixed. car at ~ n c.
M xeIInM-3 -CarS- III l. . al ahc.
Oats-Cash No. 2 white ! car az &c
September. 44c.
-Rye--Cash Nol--s3c--
Beans-Cash. s245. October. s2.os
Glover seed-Price October. s.;
March 10 bags AZ Sis: August, al
sike. so bags at SIS
Receipts in the Detroit market Mon
day. included AGA bbls Of -four, car
OF wheat, 5 OF corn, and OF oats.
Withdrawals were 1000 bu or corn.
Stocks are l3l.225 bu OF wheat, i5S. 46s :
bu OF corn. 4l.T29 bu OF oats. LOU ou OF
barley. and l.36s bu OF rye.
Kansas city wheat receipts 70 cars.
Wheat receipts at Winnipeg % vars
year ago. 81.
day 1873 cars, year ago. 24s
Worlds wheat exports iast-week' g
432 900 bu.
Visible supply decreases last week
wheat l.329.O00 gu; corn. 44@OoV
bu. oats. $4,000 bu
Wheat receipts at primary points
Monday. 23l.00o bu., year ago, 49,
000 ou.
Exports of wheat and nour Monday
Wheat In Liverpool closed unchang-
ed to I'D higher and corn 1-sd higher
CHICAGO GRAIN LETTER.
Reported for The Times by Carson
Craig a. Co. Wheat--Noticeable thing
in wheat at opening was upturn IN
July price from 1884 to l2Ol7. Inc
other months sold -on,y a aetfeti-histt,
er than the close saturday Then all
months had break OF ! cent OF moi
followed by fairly good rally. The -
back in prices was LARGELY due 10 sell
ing of IA considerable line. OF wheat by
an individual member OF leading bull
house who is reducing his holdings
with "A view OF going abroad. Liver
pool was easIor- on reports OF AIbeH-
etine rains This was on Sc by strong
Berlin cable. Northwest receipts -.
against 24J cars last year. Heavy and
damaging rains fell Saturday night
and Yesterday I'm the southwest TINS
partly Offset by forecast OF FAIR wealth
| or T0T riIUr sErttUu. forecasts ron
fore Country points htiytrrt brrk X
sorie OF the new whedet sold for ship
ment this month. the rains making II
impossible TO harvest or tnresh as eN-
pected. Report here that Baltimore
has 100 900 bu. new wheat, another
message says same as good az sold foi
export. Tennessee messages ay wheat
prouting IA shock About 1850. 900 bu
cut In Minneapolis. Duluth and Chica
20 stocks for the week.
CHICAGO July I2.-There was al
opening furry In July wheat in whict
opened = "a &c up. scattered short'
tried to cover Corn opened sc ny
oats were without features.
Noon: Wheat eased OF cent dur
! ing the forenoon. Corn advanC 80
! slightly and oats gained p"Iceptihly
Close-Wheat weakened all round
| and closed unchanged for July. Ac foi
! September and sc lower Tor Drcen
I Der Corn and oats DOth slumped IL
below the opening nguTes.