The Detroit times., 1909-06-30
GRAIN AND PROVISIONS.

DETROIT June e-Close-Chicag
cash dealers are disappointed al the
suallness OF the lots OF new wheat
they are able TO buy on bids, The
farmers are not putting their new
wheat on the market and Patten e1-
meets they VIII hold IL and cause
very small July movement Selling has
been popular in Chicago, but TX mas
turn trtipt+l F4ati+44i-hy hedglng
against cash purchases The bull lead
prs are selling some for their custom
ers who are securing prafits. Patten
and Others OF the strong houses are not
anxious for an advance as they would
rather see the market hold at or aoout
an export basis. Foreigners began to
take wheat on an early dip and brought
strength. Prices quickly gained cent
when the export buyers got BUSY Lhe
close was unchanged for cash. 4 G
higher for July he higher Tor sep
ten,ber. and lie higher for December
compared with Mondays close
Wheat uuOtatiOns-Ca6h No. RED.
AIS. July opened with an advance OF
/, q at Sis; declined isc and advanceo
70 Sill september opened az I'll =
declined 10 81 a. and aavahSsql o. 70
Touched SHE and advanced TO
siIsH No red, sl.42. No ! white
Coarse grain quotations: Corn
Cash No. 3. 76c No 3 white car al
7sI9c: No 3 yellow, ] car at '6e4c'
oats-Cash No. ? white. cars at SIC;
Rye-Cash No ?. car at GOO, clos
!" feans@Cash. $3.50 October s2.02-
Cloverseed- Prime October. 90 bags
at 81. March. so bags at s7i5.
Receipts in the Detroit market Tues.
aay Included 500 bhls OF -four. / car or
wheat. OF corn and OF oats VIII ~
drawals were 100 bu ot -four and t,Sf Q
bu foats Stocks are ls6. $40 bu OF
wheat. % SIS bu Of corn, ~, ia bu OF
oats. i.9Ss bu Of barley and l.9o2 bu
Kansas city wheat receipts. cars;
wheat receipts at ST. Louis. 5000 bu;
year ago. $4,000 bu.
Wheat IN Liverpool closed n ~ y q
higher and corn unchanged.
Winnipeg wheat receipts, lis cars
year ago. l45 cars.
Northwestern wheat receipts Iues-
day 20s cars; year ago. ia:
European wheat visible. 1852 600 ou
'' worlds wheat visible e,s1s.ooo bu
wheat receipts at primary points
Tuesday $4,000 bu; year ago Ze9'oVV
bu. - -o
equal TO % 900 bu.
CHICAGO GRAIN LETTER
Reported for The Times by carson,
Craig & CO.. Wheat - Wheat prices
started higher on tho remarkably bull
ish Broomhall cable, especially that
I
France. Germany and Hungary ana ur-
gent demand for carsOes from conu-
nent at the advance some scattered
selling OF July wheat which pit trade
thoughet was for leading bun house.
This started selling Of all months and
gave market break 10 little under Mon
day closing prices. Then Rosenbaum
brokers' bought line OF September
wheat presumably against export
sales and the market went climbing 70
higher prices than before FOR both
September and December. Toledo house
just wired that 10 has inquiry for No.
2 red wheat for export but mas not had
q carload offered on bids for several
days Better weather for the harvest
southwest and 100 cars receipts at
Minneapolis greatly encouraged bears
20 sell on the break but they got hurt
inside OF Is minutes
CHICAGO. June 29-The wheat mar
ket opened tame at &c up. Corn trade
scattered. tone easy on fine weather
anu liberal receipts. July corn opened
&c up. oats opened steady. u lower.
July weaker than other futures.
Noon--W heat gained slightly during
the forenoon. Corn and oats also made
slight advances.
Close-Wheat closed from / &c 10
1@sc higher all around. large sales OF
winter wheat 10 millers causing the
advance. Corn closed fractloually
higher. oats steady.