The Detroit times. [volume] (Detroit, Mich.) 1903-1920, 1909-07-21
GRAIN AND PROVISIONS,

DETROIT. July e0.-Close: Every
thing is looking well just now Tor the
hears Spring wheat condition is nigh
and weather in the northwest brings
no complaint. Winter wheat harvest
ing is making good progress. ana 50 ~
threshing and marketing. The move
.nept OF new wheat - increasing TO
satisfactory extent and hedging sales
are bringing down the price or the July
option with all this. the market is
not so weak as the bears expected
While July and cash were declining
early in the day September and De
cember were firm. The bulls are nor
discouraged They think the present
condition Of the spring wheat crop can
not be- mai~tained. and that farmers
will quit selling II they fail TO get
dollar for their wheat at home. There
Was not much pressure on the market
because Of the Increase In receipts
Most Of the wheat had been sold before
arriving. july was easy. but the tone
ia September and December WAS quite
Wheat ouotations-Cash No red
Sl.35: July opened with decline OF
i4c at SilSa. and declined TO Si1s-
septic nber opened at sl11i and ad-
vanced 10 s112. December opened at
$ll0i2, and advanced 10 ST. y No )
red sis2 No. I white. si.35.
Coarse grain quotations. Corp--LasI
No. =. &c: No. . yellow, 15c asked.
Oats-Cash No. > white. cars a.
a.: standard 5s &c; september, &c.
Beans--CaSh S2.45, october. s2.l2
Glover seed-Prime October 50 bags
at 81, March. sol0' August alsike' IS
nominal
Receipts in the Detroit market Tues
day. Included az bbls OF our, 10 cariis
OF corn, and s OF oats. WlthdrawaIs
were 5000 bu Of corn and LAO bu OF
Oats. stocks are 1879 Du or wheat.
l03.bl3 ia OF corn, -s.f3I bu OF oats.
l,0O0 bu OF barley. and l.3'! bu OF rye
Wheat IN Liverpool closed unchanged
to !. 81 lower. and corn 12d lower.
" heat regeiDtS at w lnnlDeE oA cars.
year ago, So.
Northwestern wheat receipts Tues
day. 80 ears; year ago. s69.
Receipts % wheat at -. LOUIS, 81
600 bu; year ago. IiS,0Oo bu.
Kansas City wheat receipts were less
than expected, only - ears.
Worlds wheat visible supply, $685.
900 bu decrease.
Exports OF flour were equal To II 900
bu. no wheat exported.
Wheat rec eipts At primary points
423, OOo bn. year ago, l,0'-,Oov bu.
CHICAGO GRAIN LETTER.
Reported for The Times by Carson.
Craig x Co. Wheat-Selling pressure
in wheat was certainly disappointing
this morning. The $50 cars or wheat
estimated late yesterday, came IN as
expected and the cash grain was so
well cared for that none OF II went
looking for buyers. The movement 10
southwest markets IS less than pre-
dicted Total primary receipts were
greatly under same day last sar.
Northwest receipts were about one
third those Of year ago. NORTHWEST
ma rkets started strong and a few nigh
temperatures in the spring wheat coun-
try are causing uneasiness over the
crop. Kansas city reported buying or
September wheat there against export
sales. A dip in the July price 10 s1.l z
failed TO disturb the other months
September now up to Sill Il, December
up TO $i.OS., nearly ic over close yes
terday, all the late months strong.
CHICAGO. July 20.-The wheat mar
ket opened - q !. lower. Corn opened
steady 10 sc up. offerings moderate.
OaLs opened easier.
Noon-July wheat slumped CEN
during the forenoon. Corn was strong
er and oats eased off fractionally.
Close-July wheat dropped 10 SLICE
but recovered At the close other
months closed stronger. Corn and oats
lclosed all higher ali around.
Reported for the Times by Hayden,
Stone a. Co. l16-1lS Griswold-sT
open. High Low. Close.