The Detroit times., 1909-07-27
NEW YORK COTTON.
Cotton prices. furnished by Hayden.
U. S. GOVERNMENT BONDS
GRAIN AND PROVISIONS.

DETROIT. July eG-Close: All Inc
conditions around the wheat MAJ kct
appear to point Ia lower prices, II there
are any hulllsA ones they are keeping
out Of sight Wheat Is flooding tn'
Chicago market and the movement is
large all over the winter wheat coun-
try The foreign markets. are easy and
England feels safe for the present with
large offerings from Russia and n b
Danube. The spring wheat crop is COM
ing on without the slightest hesita ion
AMI never looked more promising at
this time OF year. or course. this MAY
be all upset any moment bN the right
kind OF storm in the northwest, which
would result in a very large covering
movement for there is large short
interest but as long as the weather L.
good there is little promise Of A oult
market There was only one side TO
wheat on Monday. IL declined because
OF heavy receipts. present and prospeT-
tive. and the splendid promise or a
spring wheat crop. Weather - ai ,h-
Wheat quotations: Cash No . red
si.01. July opened isc lower at 81 Os -
and declined to sl.e,. Sept. opened a.
81 o. and declined 10 $780, Dee.
opened at S1.0s and declined 10 si.01 y /:
No 8 red. sl.O4; No. white. sl.01.
Coarse grain quotations: Corn. CASH
oats: cash No. white. 6 cars at
J2iac. at N52c; standard. cars at
81 isc. closing at sic: Sept. lie. Rye:
CASH No. !. soc asked; Sept, .ec Beans
prime Oct. t7O5 March. 100 bass al
SIS. Aug aisike, s. bid; 1925 asked;
sample aisike. 10 bags at $50.
receipts Ia the Detroit market Mon
day included az bbIs or Hour IS c.Is
OF wheat. Of corn and sNof oats. With
drawals were loo bols % flour. i.l5i
bu OF corn. 3,l29 bu OF oats. stocks
are 1875 bu OF wheat, l03.S1l bu OF
corn. .4.944 bu OF oats. l,50o bu OF ban
icy and 6s5 bu OF rye.
visible supply decreases last as oo week tx
Wheat i.isy.Ooo bu' corn. 10000 bu,
and oats. $4,000 bu. a..
Wheat receipts at st. Louis. 2ys,I9
bu; year ago. $4,000 bu.
Kansas city wheat receipts. SIS cars
Wheat exports for the world last
week 100000 bu.
winnipeg wheat receipts % oars;
year ago. 30
Northwestern wheat receipts Mon
day. l79 cars. year ago. 3ii.
Minneapolis wheat supply decreased
IL 200 bu In two days.
Wheat In Liverpool closed !. n / Z
lower and corn unchanged
Expected In Chicago Tuesday. l.lJO
cars 81 wheat.
Exports OF wheat and -four Monday.
Wheat receipts at primary points on
Monday. l.s41000 bu. year ago. 1,i3S,-
600 bu
CHICAGO WHEAT LETTER.
Reported for The Times by Carson
craig a. Co. July 20:
AT the moment wheat is acting sick
at bottom prices for sept. and Dee. An
opening break In stop-loss selling or
ders was followed by a fairly good re
. covery at times. and iooked as " che
market had rallied permanently. but g.
now weak and lower again. Receipts
Of 500 cars here. over a million bush
els at southwest markets for the day,
fine condition all over northwest foI
spring crop and allegiance Of bull lead
crship were the bear features.
Rains over the big corn states re-
moved all fear ~ a dry weather scare
and In the absence OF activity on Tho
part or shorts at the up, ming. the mar
kct bad SHARP dip. caused by selling
on part OF buyers OF last week Fairly
good ralfy followed the first break but
market ~ weak.
CHIC AGO.
CHICAGO. July 81 Wheat opening
was Va 10 7sc on for Sept. hut com
mission buying on the slump was good
and the market rallied To within q Of
Saturdays close. corn started sharply
lower for Sept. oats. steady 10 hc
lower bur market was well supported
Provisions slow ana shade easier
Noon Wheat was under heavy sell
Ing presspre all morning and July