The Detroit times., 1910-09-09
GRAIN AND PROVISIONS.

thh MIL etIts es>icotH
nent traders believe wheat must go
lower unless foreigners come In and
buy largely or there is a sharp falling
or in receipts. and there is nothing To
show thai either is likely TO happen
right away. Leading dealers. such as
Patten and Armour In Chicago. are
making money on the bear-side, and
foreigners are reselling recent pur-
chases at "A loss.
The government report that comes
out after the close on Thursday. is eN-
pectsd to bee bearish, because an in
crease In the yield OF spring wheat -
almost sure to DE shown, Condition OF
spring wheat Is expected 10 advance
an increase in spring wheat 10 ABOUT
s25. 100000 blu. Ii is also believed inc
governments estimate OF i5s.OOO.OOo ou
Tor the winter crop is too low, anu
fnal crop OF 10000. 900 bu would not
be a surprise. Last year the Septem-
ber estimate Of winter wheat was 49,
100000 blu, and the final il00Oo0OV eu''
Spring wheat last September was ELS,
timated at $4,000. 900 bu, and the maj
was S26. 206.000 blu. The total wheat
crop as finally estimated last year was
737.1ss.000 bu.
Dealers spent most of the day watt
ing for the report and tradinS was
neglected. The market gained &c, lost
lc. and recovered nc. closins on
even terms with ednesdays ciose'
The coarse grains and seeds were
unchanged.
Wheat quotations-Cash No. 2 red.
s1.00l1 September. sl.00ia December
opened unchanged at sl.oftg. gained
lsc declined TO sl.0i, and closed at
s1o4la; May opened at sl.osh, ad,
vanced to 40. declined TO $i.09. and
closed at s1.09is No. l white. CSC.
Coarse grain quotations: Corn-Cash
No. 2. 5sisc; No. yellow. 6lac: No. 3
yellow, Gle
Oats-Standard cash and September
S5c. No. white. s4tsc.
Rye-Cash No. l. zee; No. ?. Csc.
Beans-cash, ss.4o; October s2ls;
November. $2l2.
Cloverseed-Prime spot, October and
November. 1913 bid; sample. 10 bass
1915. IL at $3.50. 81 at s775; prime al =
sike. s925 sample alsike, Is bags AT
$3.50 Is At s25, % at 7.75. at s6.50.
Timothy seed-Prime spot. 100 bags
Receipts in the Detroit market on
Thursday, included 5000 bbls or hour
cars OF wheat, OF corn. or oats,
and / OF rye Withdrawals were loo
bbls OF flour. 1900 bu OF oats. and LOCO
bu of rye. Stocks are 25s.353 bu OF
wheat 224,59l bu of corn. l54.6iS bu OF
oats and 1888 bu Of rye.
Wheat receipts Thursday: Mime
apolis and Duluth, 6i9 cars, against
905 year ago; ST Louis. $4,000 bu.
against $1,000 bu "A year ago; Kansas
City, 80 cars. against ia, winnipeg,
li2 ears. against Ij4.
Liverpool wheat closed "a a sd low
er, and corn sd higher
Exports of wheat and flour Thurs
day. 307. 900 blu.
Wheat receipts at primary points on
Thursday. l,334.000 blu; year ago, l.
235. 900 bu.
TOLEDO GRAIN AND PRODUCE.
TOLEDO. o.. Sept S-Wheat-Cash
and Sept. sl.0gIR Dec. sl.041a: May.
$l.O9lH. Corn--Cash and sept. soc;
Dee, 57Tsc. May. 60a.c. oats-Cash
and sept. 3ia.c. Dec. SO &c; May, 80 ;. C.
Rye--No. 2, lie; No. ), 691ac. Clover
seed--Cash oct, sl0.I5; Dec. and
March, SOLO. Alsike--Prime and oct,
$3.45. Timothy-Prime, sept. and oct.
$40. Butter, eggs and hay unchanged.
CHICAGO GRAIN.
CHICAGO. Sept. S.-Opening: Sept
wheat opened "a e lower. Dec. same as
the closing price. and May isc lower
Sept corn ssc, Dee. lac, and May hc
higher Sept. oats sc higher. Dec.
same as the closing price, May Ac
higher Provisions, higher.
Noon--All options lower. Sept. wheat
"a c. Dee. l4c. and May a lower. Sept.
corn sc. Dec "a May isc lower. Sept.
and Dec. oats nc. May sc lower.
Close-Sept. wheat closed at the
opening prices. Dec: Is lower, May Is
higher. sept. corn u lower Dec. and
May - higher. Sept. oats "a, Dec and
May Is lower. Provisions higher.