The Detroit times., 1911-06-27
GRAIN AND PROVISIONS

DETROIT June 27.-Close: Grain
dealers are convinced that nifty per
states is lost About half crop Is all
that can be counted on unless acreage
IL large In the northwest and the sup
! ply from that direction helps out This
makes very bullish condition In
| coarse grains and wheat is effected by
II. although a large crop Ii promised.
IL Is the strength i'm oats that Is chiefly
responsible for the present price OF
wheat
The English markets showed firm
ness at the close. Russian and Austria
Ian offerings were liberal and crop
news was favorable. but shorts were
the European visible supply for the
week. Recent cargo arrivals wee lib
eraL The wheat market held hrm
and recent holders OF May wheat We're
said to be buying heavily OF wheat
FUTURES They are supposed TO have
very firm grip on the July and Sep
TENDER options already. Bears are not
aggressive. fearing both the strength
In coarse grains and the action OF the
big bulls.
pears bearish for temperatures are
favorable and moisture is abundant
especially In the spring wheat coun-
try brokers think former bull lead
ers are giving the market support on
the depressions and unloading Gu the
trade will take on the bulges On top
OF this the trade will have to take the
hedging sales against the early move
ment OF winter wheat. The latter crop
Is being harvested under favorable
cor ditions and the yield is excellent
Although the weather was consid-
market was very strong. Cash adj
vanced &c and the leading futures 10
Ike.
Corn and oats were strong at an ad.
vance OF lc. Cloverseed futures were
on 15c and beans were firm.
- Receipts in the Detroit market on
Tuesday Included $50 bbls OF -four,
oats. Withdrawals were 500 bbls OF
-four. and 4.2s6 bu OF corn. Stocks are
133.yS1 bn OF wheat. lS5,973 bu OF corn.
b.5I5 bu OF oats and 1850 bu or rye.
apolis; l56 cars. against lzs a year ago;
Duluth. IS cars. against 81: Winnipeg,
49, cars, against 236; st. Louis. $1,000
blu. against 10000 bu a year ago.
Primary wheat receipts were 49,
900 bu. against 257, 600 blu year ago.
Exports of wheat and flour Tuesday.
14l 900 blu.
The worlds visible supply OF wheat
against 100000 bu the week before |
and $4,000 bu a year ago.
Stocks of wheat at Minneapolis de- |
creased 230.cc0 bu for three days
Liverpool wheat closed I'D lower TO |
Y q higher and corn u a SD higher.
Wheat. quotations: Cash No. red |
Sc; July opened with a loss OF &c at |
STAG, advanced TO Sshc and closed at
SShc asked; September opened at s0Hc |
lost &c and advanced TO SIC; Decem- |
Der opened at 93hc, declined TO 93Lc
and moved up TO siAc asked; No. / |
white, SIC.
Coarse grain quotations: Corn-cash |
No. 3. 5sc: No. yellow, 2 cars at 6oc; |
No. yellow. l car at 5shc, at SOC; |
No. yellow, l car at sec. Oats
Standard, I car at 44c. closing at t5c:
No. white. 44hc. Beans--AIl posi- |
was s2.02 bid. Observation-Disclosures spot. |
$3.50: October. $500 March, ss66; /
prime alsike. So: August alsike. 1915. /
Timothy seed-Prime spot. s575.
TOLEDO GRAIN AND PROVISIONS.
TOLEDO, o.. June 27.--wheat: Cash
and July. s0hc; Sept, 91hc; Dec. |
94kc. Corn: Cash and July. 5sAc: /
Sept, 61hc: Dec. 60c. Oats: Cash and /
July. 1850: Sept. 45hc: Dec, 47&c. |
Cloverseed: Cash, 1910. Oct. Dec and |
March ,ss;o2h, Alsike Prime. 50;
Aug $3.50. Timothy: Aug. $3.50. |
Fancy fresh. 1sc; candIed, isc; current |
receipts, Ice. Hay unchanged.
CHICAGO GRAIN OPENING.
CHICAGO June 27.-Grain opening:
Wheat July down &c: Sept. unchang- |
ed. Corn: July down nc; Sept down
ed, Provisions about steady.
Noon-Wheat: July up sc. Sept up
&c. Corn: July up hc; Sept up NC.
Oats: July and Sept up Nc
Close-Wheat: July up nc: Sept up
lhc. Corn: July up lac; Sept. up
lkc. Oats; July up lhc; Sept. up &c.
Provisions higher.