The Detroit times., 1910-08-31
Markets and Finance

working In the direction of lower
prices, although dealers believe the
future is almost sure To see higher
prices. owing To the worlds shortage.
Just now primary receipts are very
large. and September liquidation helps
10 depress the market. The close on
Monday was weak because or disap-
pointment OF the bulls at lack OF FOR
eign sales. Foreigners were bidding a
little below tho market. and some bust
ness would have resulted via Montrea,
had N been possible TO obtain vessel
room. but everything at that port has
been taken for the next two months
New York bids were out or line. but
Baltimore sold 100000 bu to France on
Monday
Europe is looking to this country
for $4,000 900 bu OF wheat, and dealers
say there is nothing available except :
ing winter wheat as the spring crop ~
too short 10 leave anything for export.
Liverpool was lower at the start. ana
there was enough proht-taking TO make
the Detroit market easy.
The wheat market here was quiet all
day. with little doing excepting CLOS
ing up the September deal. Wheat lost
sc and the coarse grains were easy
cloverseed advanced 25c, ana lmotns
seed l5c. owing TO damage sustained
during the dry weather. Corn lost '.c'
and cash oats * q sc.
Wheat quotations--cash NO, req.
sl.oiL; September opened wi,hou,
sl0lls December opened at sl.o,, and
declined TO sl.06L May opened at
sl12. aud declined to H.lit: No. l
white. 9SLc.
Coarse grain quotations: Corn-cash
ss,.c: 40 Sos yellow clio s ears at sse; No,
yellow. l car at 62i.c: No. white
oats-standard. . ears at s5c. clos
ing at 3ihc asked: September S4ss :,
asked: No. 3 white. . ears at 34lsc,
at sac. closing at S3ac asked. -
Rye-cash No. !. 12c: NO - 'o'
Beans-cash. s24o; october. sans
November. s2.12.
Cloverseed-Prime spot, October anu
at ss25. Is at IS. prime aisike. $500
sample alsike. "a bags at $3.50. ls at 50.
at $3.50. IL at 81. at Sc
Timothy seed-Prime spot. 100 bags
Wheat receipts Tuesday Mime
apolis, 3S1 cars against 220 year ago
Duluth. EOS cars. against l2s' Chicago,
l55 cars. against iSl Winnipe eSo iv1
against So 900 bu Kansas city. lfl
cars. against loo: Omaha. cars
against 81
and corn y a sd lower.
European visible supply or wheat
3.s74.00o blu. increase.
Receipts in the Detroit market on
TUESDAY. included 4,65O.000 bbls OF
flour. . cars OF wheat. % OF corn. 10 OF
oats. and . OF rye. Withdrawals were
1900 bbls OF -four. and 6.536 bu OF
wheat Stocks are coolies bu or wheat
123.475 bu OF corn. 12552s bu or oats,
and 1917 bu OF rye.
Exports OF wheat and hour TUESDAY
1873. 900 bu.
Wheat receipts at primary points
Tuesday. 1920, 900 bu: year ago. $4,000
bu
Worlds wheat visible supply, 1926.
600 bu, increase. for the week
TOLEDO. O.. Aug. 3o.-Wheat-Cash
Silly Corn---cash and Sept, 62is G;
Dec. 59hc: May. 81 NC. Oats-Cash
and Sept. Sane; Dee, 37iac: May
4O&c Rye-No . lie: No 2. g. Il T.
Cloverseed-Cash, s9.45: Oct. Dec. and
March. $3.50 Alsike--Prime. Aug. and
Oct. $50 Tlmothy--Prime, Aug. and
Sept. $3.50. Butter eggs and hay, un-
changed
CHICAGO GRAIN OPENING.
CHICAGO Aug. 30.-Opening-Sept
wheat opened NJ the closing price. but
gained 1lsc within the first IL minutes;
Dec. sc and May sc lower. Corn.
May same as the closing price. Sept
oats sc lower; Dec. and May same as
the closing price. Provisions steady
Noon-Sept. wheat %sc. Dec. sc, and
May &c lower. Sept corn sc. Dec.
and May sc lower. Sept oats sac.
Dec and May lie lower.
Close-Scpt wheat 12c; Dec, "a and
Dec. Ia higher. May i.c higher. Sept
oats Isc, Dec. 4 c and May sc lower
Provisions a shade higher.