The Detroit times. [volume] (Detroit, Mich.) 1903-1920, 1911-07-18
GRAIN AND PROVISIONS.

Armour has given the bears in wheat
quite scare by an interview pub
lished in Chicago paper in which he
says Europe Is hungry for American
wheat This hunger had not been
showing itself for a long time. but
now some seaboard points report ex-
port buying on moderate scale
wheat Is always on lighting ground
when IL Is within the reach OF foreign
BUYERS and this helps 90 make the
bears timid.
wheat some strength A severe frost
at this time would cut the crop over
the line many millions Of bushels and
the report caused good deal OF alarm
among sports. Harvesting OF spring
wheat In Minnesota has commenced.
which shows that great share OF the
spring wheat crop Is beyond being In
1ured by hot weather. Black rust re-
believers. but not many. There Is al
ways little rust In spring wheat, but
IL requires a peculiar kind OF weather
to develop IL into something dangerous.
The export talk IL having more infiu-
enee In bullish way than crop dam
age news. Dealers feel that wheat
would have done better on Monday but
for the weakness I'm coarse grains
The movement OF winter wheat re-
mains the leading basis for bearish-
ness Stoke at Chicago and south
|. western points are large and increas-
I ing and the weight Of the actual grain
has a very depressing influence on
prices.
! wheat was steady throughout the
I greater part OF Tuesdays session and
remained within narrow limits all day.
Coarse grains were weak. Corn lost
&c and cash oats declined &C. Oat fu-
lures are OF Nc
Wheat quotations; Cash and July No,
red s5kc asked; September opened
without change at s7hc declined &c.
advanced to SING and closed nj S7Hc:
December opened at 91hs. declined to
81 Y C, advanced TO 81 and closed at
slhc; sample. car at ssc; No. white.
Coarse grain quotations: corn-cnsh
No. 3. s7hc: No. yellow, car at SIC;
No 3 yellow. 1 car at CSC. I at 6S1sc.
sse sssss e1,s snrs at .s s.Rss
Cash No. I. TIC. Beans-Immediate
prompt and July shipment. s2.20;
Ss 1su Is: peeemS eroo Sis &c cloSeT vs@
Prime spot. ss.75: October and No
vember. $3.50; prime spot and August
x D. ma firm tone prevailed in the
afternoon. nearly everything traded I'm
made some additional amount of gain.
Receipts I'm the Detroit market Tues
day included 500 bbls OF -four. cars
OF wheat. 3 OF corn and z OF oats. with
! drawals were 500 bills OF -four. 1000 bu
OF wheat 12124 bu Of corn. Stocks
are 1929 bu OF wheat. 15s.272 bu OF
corn, 1894 bu OF oats and 4.sS9 bu OF
some northwestern reports say black
rust is cutting the wheat yield IS TO SO
per cent
Receipts OF wheat Tuesday: Du-
I luth. 3S cars. against IS a year ago:
Minneapolis. 269 cars. against It's; In
nipeg, u cars. against 279; 81. Louis,
! $4,000 Blu. against $4,000 blu year
ago; Kansas City. $4,000 cars. against
! 2b7
The worlds wheat visible supply In
creased 100000 bu last week. The total
Is now 1it.72o,ooo bu. or .7,s22.oo0 bu'
over last years total
| Liverpool wheat closed h@hd
higher and corn unchanged to I'D
lower.
creased 2.5lS. 900 bu last week
Primary wheat receipts were 1.631,-
/ 900 bu, against $500 bu n year ago.
Exports OF wheat and -four Tuesday.
225.o00 bu.
TOLEDO GRAIN AND PRODUCE.
july. s5Mc; Sept. sTHe: Dec. Gle;
s5Hc; Sept. s5Ac; Dec. s1&c; May.
SIC acts Cash old, Soc; New, - NC;
erseed: Cash, 5000; Oct, Dec. and
/ March, 1915. Alsike: Prime and Aug,
ss.1S. Timothy: Aug. ,s7o; Sept,
4 eo.SV DutleIs ebbs anu nay uhShahbOu
CHICAGO GRAIN-OpesIng.
\ CHICAGO. July 1s.--wheat: July
opened unchanged; September up G
Corn: July. no trading; September
| down &c. Oats: July no trading; Sep
tembeF- DOWN Provisions I'M
| changed.
Noon--whcat: July up &c; Sept or
&c. Corn: July down Nc; Sept. down
/ &C Oats: July no trading: Sept
/ down &c.
Close-wheat: July unchanged; Sept
! down hc Corn: July down lie: Sept
down &C. Oats. July unchanged: Sept
down nc Provisions: Lower.