The Detroit times., 1910-06-14
GRAIN AND PROVISIONS.

DETROIT. June lS.-Close: Every
,hing looks bearish I'm the wheat mar
declining excepting the action OF tie
farmers III they are able To hold their
wheat as they have done for two or
tanned above the export basis. but lib-
eral marketing will put prices down.
Many dealers think conditions this year
are SO oearish that wheat must go 20
an export basis.
Weather over the northwestern states
- all that can be desired to bring along
the sp,in. crop, and the seutn nyosss
Everything at present Indicates an ex-
cellent crop OF wheat
There T. belief among grain men ,s n
leading market centers will have an
important influence. In making prices
as farmers. are said TO be borrowing
property. they have largely used up
their ready money. and will be inclined
TO sell more freely OF the new crop,
rather than hold II as they have done
Mondays market recovered after an
early decline. but slumped again. max
e as weak N s sSy s' ia sss 1i ana
ac In December.
Wheat auotations--Cash No. 2 red.
500; July opened with q decline Of ,ssi
at sac; september opened at s,+c. ad-
cember opened at s3hc. advanced TO
s wh;,s and e ID. declined to ss%e' No |
Coarse grain quotations: Cornish
No. z. sig; No. z yellow. car at ss'se;
oats-standsrd. ! car at 4lhe; Sep
TENDER. sec bid; No. white. cars
at slc.
Rye-cash No. ]. sic. go ,.o,.
cIoysr.eed-Prims spot ss.7s; oc.o-
Monday. included 4 cars of corn, OF
oats. and I Of rye: Stocks are 2ys'SssG
Wheat in Liverpool closed y q ] y d.
Visible supply changes last week:
Wheat l;7sl.ooo bu decrease 4, Ga corn m Si ~,
Total wheat visible supply. Issssooo
blu; week ago. is.s47.oo obu; year ago
Wheat receipts at primary points
Monday. $4,000 blu; year ago. 3s''Coo
Receipts of wheat Monday: ST. Louis.
Al 900 blu, against IA, 900 bu a year ago;
Kansas City. $4,000 bu. against $4,000
bu
The Hungary wheat crop is estimated
at 100000, 900 bu, against 100000 oa
Worlds wheat exports last week. s.
5ZO,Vu Du. week aso, siofs""V ouf FeeA
Wheat on passage is 1900. 900 bu.
against 46.720.o00 bu week ago. ana
1000 bu year ago.
Liverpool wheat stocks. 4.622.0OO bu;
week ago. 100000 blu; year ago, -
2ts.000 bu.
ror EMO n T0Ls vbaa,-cash.
s1o4h; July. SAFE; Sept. 81 Ne; Dec.
93Lc Corn-Cash. 5shsc; July, 50 80;
sept. 5s5sc; Dec, size. May. ss..e
Oa.s-Cash. 39c; July. 37%c; sept,
35tc; Dec. 36Lc. Rye-No. 2, &c; No.
O. 46c Cloverseed--Cash. $3.50: oct
and Dec. 1855; March. 1856. Alsike-
Prime. sos: Aug. SI.45. Timothy
Prime. ?2.l5. Butter. eggs and nay I'M
changed.
CHICAGO GRAIN.
CHICAGO. June ls.-Lower cables
and fine weather precipitated conslder-
able scattered commission selling At
opening and caused wheat TO show a
decline from Il q &C. Corn started &c
lower on all options. Oats weak and
lower.
Noon-There was some buying IN
wheat near the noon hour. and all op-
lions advanced: July was nc higher,
September and December &C higher.
Corn was steady with July &c higher
Oats held steady with september adj
Ciose-Wheat did not rally az.
through the day and at close July was
&C lower, September Ac lower. and
December &c higher. Corn closed
weak. July hc lower. September &c
lower. December NC lower. Oats FOL
lowed other grains and closed weak
from y q &c lower. Provisions closed
weak.