The Detroit times., 1910-07-29
Markets and Finance
GRAIN AND PROVISIONS

position OF decided bearishness. wheat
has worked into scaiping proposition
bulges or sell on declines A point has.
to all appearances. been reached In
cash dealings where farmers VIII not
SELL The recent decline cut down car
lots sharply ct Chicago. and at south
western points. and dealers take this
TO Indicate that the flood of wheat Will
reach the market only when prices are
Cash wheat in Chicago has declined
from lc above July 10 hc under II.
and q now on September basis. US
receipts cannot now be placed IN sore
promptly enough TO be delivered on
July contracts, excepting In a Few
cases. Liverpool advanced on Thurs,
day. The foreign situation Is neheNeu
TO be decidedly bullish. and II Will take
continued Weakness here 10 hold In
The September deal In Chicago was
very strong; and there wa, was h a.s1
IL not coming In fast enough. and
bears are afraid there VIII not De
enough to NIL shorts. The Detroit mar
Ike, recovered an opening a loss sio. OF was ns
weak at loss OF 1c In cash and sep
TENDER. INC In December. and .sc In
May. Corn declined hc, and oats ic'
and both were rather dull.
Wheat quotations-Cash No. 2 red
Sl.041a, July opened steady at $l;Vo =;
lost NC. advanced TO sl.o5is, and ciosea
at NotK september opened az AZ si Ss
and closed at sl.65; December, opened
dropped f,eSi to sos May opened at :i.i,ss,
sns ps.s sS IL ,iic %Uve No. up 10 white
Coarse grain quotations; Corn-,,cash
No 2. $40 asked: No. yellow car
at ssc; No. yellow ! car AZ o''' ."
oats-standard. 2 cars at t5c; new
standard oats. t3c asked; Aususs' o
asked: September; sshc asked NO. .
Rye-cash No. i. 7sc: August and
Bs.n:.c::ss;. ,a.ss; October ni0'
NS cls1sr.s.dAPrims spot, $3.50 oes to:
sample alslke. IL bags at se.'o' at
81. at $3.50. I at s775. an ,,v.
Timothy seed-Pr'me spo" "
Receipts in the Detroit market on
Thursday included 1,272 bbls OF nou.
oats Withdrawals were Ass bu Of
corn. stocks are 1884 bu OF wheat;
ll7,ss7 bu of corn and i''iE' ou %
Wheat receipts Thursday--St. Louis.
az 600 bu, against 10000 bu year
ago: Kansas City. 3lS cars. asahnst
sis; Duluth and Minneapolis. 1s4 cars.
against 140; Winnipeg. III cars against
Estimated Argentine wheat exports
for the week, 100000 bu.
wheat receipts at primary points on
Thursday. 1.242.ooo bu; year ago. J.
Exports of wheat and -four Thursday,
$4,000 bu.
TOLEDO GRAIN AND PRODUCE.
TOLEDO. Ohio, July 2s;.Wheat-
Cash, July and Sept. sl.o4E; Dec SS
5aiy 5sAs: Sept ssEc' Dec. ssHs;
NAV. s4Ac. Oats-Cash and July. 4ec;
Sept. 37Nc; Dec, ss%c: May. nAc;
Rye-No. 2. 75c: No. 3. 72c. CIoverseed
sike-Prime and Aug. ss;2s; Timothy
Prime. Aug. and Sept: $500. Butter
eggs and hay unchanged.
CHICAGO GRAIN.
CHICAGO. July 2s.-Opening: Gen
orally low on nearly all options; July
wheat nc lower. Sept &c higher, Dec.
steady July corn NC. and Sept ~
lower, Dec. same as closing: July oats
NC, Sept. hc. and Dec. hc lower. Pro-
Noon-AII options lower than OPEN
ing except July wheat. which was hc
higher SeFt-xhaatI and Dec Ac
lower. July corn iNo. Sept; lie. s and
Dec ana xe pe eows Mc lover o~,y oa'' nc sept
cept July wheat marked the close Of
the market today. July wheat INC
higher. Sept. sc and Dec. 1c lower.
July corn ms, Sept 1s,. llse send sna Pee Pee
and Dec. 1c lower. The weakness in
corn Is due to reports of rain and cool
er weather In the corn belt. while other
grains were affected by corn. July
wheat was bid UP by shorts. Provis-
ions lower.