The Detroit times., 1909-07-14
GRAIN AND PROVISIONS.

DETROIT. July l3.-Close-Cash
wheat in markets OF the southwest is
up SQI2c from the recent low point.
and still there's nothing moving Tie
farmers who have wheat are holding
IL, and In other cases the wet weather
has hindered harvesting and threshing
to such an extent that there is nothing
TO move. Much damage mas been done
by Hoods. The supply of wheat and
flour is down TO very low point. only
about a weeks consumption now In the
American visible supply The situation
Is very unusual shippers VINO sold
wheat In Chicago are now caucetfiHS
their sales. finding II Impossible 10 Sc
feature on Tuesday was att improve
ment in the southwestern harvesting
weather. After ruling rather easy. the
wheat market advanced and closed Wa.
the futures u "a -up-for the day
Cash wheat gained lie.
Wheat quotations-Cash No. red
sl.3s: July opened. unchanged at sl.20
lrdeclined to Sl191z, and advanced IL
$l.2Ok; September opened at $l1Z. de-
clned to si.l1 -. and advanced To
s1.12A: December opened at 81;
slumped TO Sill p. and advanced Ia
Us: si.s NO red 'i'''' No' VIM
Coarse grain quotations: Corn-cash
Oats-Cash No. white, / car at 54c;
standard. 53Hc; September standard
i4c.
Rye-Cash No. !. sac. -
Glover seed-Prime October. sos:
March 100 bags at $500, August. al
sike. IS bid.
Receipts in the Detroit market Tues
day. included $500 bbls OF -four. car
OF wheat. OF corn. and OF oats.
Withdrawals were 2,200 bbls or hour.
Stocks are 1925 bu OF wheat. l35, s2s
bu OF corn, 42.S29 bu OF oats. 1900 bu
OF barley. and 1871 bu OF rye.
Northwestern wheat receipts Tues
day. 10 cars; year ago IL
Kansas city received % cars OF
wheat.
Receipts OF wheat at ST Louis were
$4,000 bu, against $4,000 bu year
ago.
Rad harvesting weather in Hungary.
Worlds wheat visible supply. $500
600 bu decrease.
Wheat in Liverpool closed unchanged
TO I'D higher, and corn sd higher.
European wheat visible supply, =
Csc 900 bu decrease
Wheat receipts at primary points
Tuesday, lac. 900 hu. -yearag go, $4,000
Exports OF wheat and -four Tuesday.
65. 900 bu.
CHICAGO GRAIN LETTER.
Reported for The Times by Carson.
-Grutg * Co. Notwithstanding or a
setback In wheat prices this morning
is not at all surprising In view OF the
greatly improved weather outlook over
the southwest. and better forecast
for the entire winter wheat. belt. This
simply outweighs the bullish features
for the time being. Northwest receipts
are only 20 cars. stocks there already
reduced nearly half million bushels this
week further decrease OF over 200
bu In local stocks and the total visible
supply OF this country down TO about
the equivalent OF one weeks fun con-
sumption OF 100000 bushels. DIS
patches claim that II will take a week
OF dry weather 10 put the crop in shape
10 thresh and market. and that no large
movement OF wheat need be expected
i'm any quarter right away St Louis
houses wire that shippers In that ter
ritory are asking TO cancel sales made
for this month. Between the exporters
and the interior millers we see little
chance for much wheat to press on this
market TO become a bear help this
month on this or any further depres-
sion believe buying will be OF an ex-
ceilent character.