The Detroit times., 1909-06-29
GRAIN AND PROVISIONS

DETROIT, June 2S-Close-Ltverpo
was little higher on Monday and
European buying was rvelier than dur
ing the closing days OF last week, but
the bulls have great faith In the fu-
ture foreign demand. They believe
that any decline from now on Will
bring in export business. 1t IS also
figured that Argentine and Australia
VIII not export much more and Europe
will be Left with only America 20 de-
pend on for the wheat supply OF the
next Few months The big bull houses
in CHICAGO have heavy holdings OF sep
TENDER and December. which they
greatly Increased last week. and Chi
cago shorts are believed 20 have GOV
cred very freely II was q weak day
in wheat. with the bulls running away
from the sound OF the reapers Selling
with a loss Of lc in the futures cash
wheat was quiet and unchanged.
Wheat Quotations-Casn No req
81 IS July opened unchanged at sl Il o. /.
opened at si12A and declined to
sims: December opened az 81 10 and
declined to sll2; No. red. sl.42 No.
Coarse grain quotations Corn
Cash No. 3. sc. No. yellow car at
oats-cagh No. ? white, car at
5s3s No sc w Teireted i"C ear at rs IS '
Rve-Cash No 2 s2c
Beans-Cash. $3.50 October. s2.o6
Cloverseed 49, Prime October 81
March. 100 bags at s7i5
Receipts in the Detroit market Nor
day included 40l bbls OF aour. or corn
OF oats and Of barley Withdrawals
W we 600 b9 O.. wheat. ss.52s bu ot corn.
SIS sos bu OF oats 9sS ou OF barley and
wheat exports last week from Rus
81
Winnipeg wheat receipts. IS cars,
year ago. 1873 600 bu-
Northwestern wheat receipts MONDAY
22l cars, year ago. 24S
year go. 90 900 bu
Kansas city received 10 cars OF
wheat in liverpool closed Il q Nd
and corn i n - higher
Wheat on passage, $4,000 bu de-
Worlds wheat exports last week. @,
Visible supply changes last week
Wheat 1853 600 bu decrease corn.
! 2 600 bu increase; oats $4,000 ou de-
primary wheat receipts Monday, ISL
600 BIZ year ago 10000 bu
Exports ~ wheat and -four Monday
! 03 900 bu
CHICAGO GRAIN LETTER.
Reported for The Times by Carson.
Craig 81 Co. Wheat-Situation In
wheat expressed exactly ~ broker and
pit who says We are getting bull news
and the wheat both this morning. That
is TO say. the market is breaking whiie
news would seem 10 Justify good BUY
ing and advance. The action or the
market shows that some Of the leading
interests wanted TO get the et-back IN
prices this morning and they have sofa
enough wheat 70 bring II about Dis
patches from Kansas CITY say heavy
rains over western half OF MIs5ouT
are lnJuring harvest Rossville. kas,
reports 3 Inches Of rain the pact IS
hours our Inglis reports indicate
mixed conditions IN Kansas. green and
blIEhted heads IN wheat which Is cut
because over-rlpe in some spots. Cable
news on French crop and weather IN
Argentine buiiish. Forecast for south
west is for more rain over much OF the
winter wheat belt
CHICAGO. June 2s.--wheat opened
IA lower, trading limited. Corn and
oats were steady. opening close up 10
close.
Noon-Wheat eased IF fractionally
during the forenoon with little sup
port Corn remained about the same.
oats advanced lightly
Ciosc--W Wheat closed lower ali around.
The corn list weakened at the close.
oats of In sympathy