The Detroit times. [volume] (Detroit, Mich.) 1903-1920, 1911-07-11
GRAIN AND PROVISIONS

DETROIT. July 11-Close: Wheat In
the Detroit market opened with an adj
vance OF kc on Tuesday. but quickly
took the down grade as dealers got
over the little scare given by the gov
eminent report. This told OF q great
deal OF damage during June because
moisture was lacking. and clipped on
several million bushels from the wheat
crop promise. II made the total indi-
Gated yield OF winter and spring wheat
702. $50, 900 bu compared with q crop
OF s95.4s3,00o bu last year.
The report lowered the condition OF
pected. and In that was the chief bull
lishness of &C. The total reduction In
dicated. winter and spring. Is 10000. 900
bu, which Is quite as much as any OF
the private reports made X. Prices
will still be effected by climatic condi-
tons In the spring wheat states, where
hot weather will have q decidedly
bullish influence. Weather now over
the GRO pts no tsuffering.
Receipts OF winter wheat are In
creasing and this II the most bearish
point IN the market. St Louis wires
must 60 down. Hedging sales In Chi
cago are heavy and stocks OF old wheat
are 80 large that room for storage r.
decidedly limited. The west has good
After opening hc higher. wheat
dropped back. advanced again and
closed at the anal figures of Monday.
The feeling at the close was easy.
Corn and oats advanced &c and beans
for Immediate shipment gained &c.
Receipts In the Detroit market Tues
day included 400 bbls OF -four. cars
OF wheat. Of corn and OF oa.s with
AGO bu OF corn. Stocks are 1Oe.I1S blu
OF wheat. l7s.40s bu OF corn. 4.s92 blu
OF oats and 4.40s bu OF rye.
Wheat receipts on Tuesday: Minne-
- N n n
Duluth. 80 cars. against ~: winnipeg,
S27 cars against 2T2: St Louis, 101, 900
blu. against 10000 bu; Kansas City liz
Primary wheat receipts. 100000 bu;
year ago. 353.000 bu.
Liverpool wheat closed y 0Ad low
er and corn sd higher
Wheat stocks at Minneapolis de-
creased 27B,O00 bu for three days.
Wheat quotations: Cash and July No.
3 red, STAG: Sept. opened with an adj
vance OF 1sc at S0kc. declined TO soc.
advanced to sotsc and closed at 30 y
asked: Dec opened at s4Ac. lost &c.
advanced TO size and declined TO s4k C
asked: No white, s5c. Coarse grain
quotations: Corn. cash No. .. sc; No.
! yellow, csc: No. yellow. sTce acts:
bid: Sept. arc: No. White. i7Hc: Aug.
standard. 46hc. Beans: Immediate
shipment. s2.1o: prompt and July ship
ment. s21s: Oct. shipment. s207: Nov.
Bnipment, tLUSs lee. bnlpmeuts ~.
CIoverseed: Prime spot. te75: Oct and
Nov. ss.25; prime aisike, 20; Aug. al
sfke, 1918.
TOLEDO GRAIN AND PRODUCE.
TOLEDO. July 1l.--wheat: Cash and
July, sshc. Sept. Nc; Dec. s3Ao. Corn:
Cash and July, So NC; Dec, sac; May,
s7kc: Sept. sskc; Oats: Cash and
July, 37Ec: Sept, 37Ac: Dec, 49kc
May, sac. Rye: July and Aug. Toe.
CIoverseed: Cash. 1850; Oct. Dec. and
March, t9.fTh Alsike: Prime and
Aug, 1896. Timothy: Aug. $3.50;
sept. $500. Butter: Creamery. 2shc;
dairy. 1ec. Eggs: Fancy fresh. zoe;
candled, lee; current receipts. Ice. Hay:
No. ! mixed. 3is.5o91s; light clover
mixed, SIS: No. .. t16Ql6; No. I clover.
SIS 81 is; straw. t7.6o0Tso.
CHICAGO GRAIN--Opening.
CHICAGO, July 11.--Wheat: July up
&c: sept UP &c. Corn: July ND &C;
Sept. up &C. Oats; July down hc;
Sept. up &c. Provisions steady.
Noon--wheat: July down 1c: Sept.
down &c. Corn: July up NC; Sept up
NC. Oats: July up Nc; Sept up Nc.
Close--Wheat; July down &c and
Sept. down nc. Corn: July up hci
Sept. up &c. Oats: July up NC; Sept
up &c. Provisions practically unchang-
90.