The Detroit times. [volume] (Detroit, Mich.) 1903-1920, 1911-07-06
GRAIN AND PROVISIONS

DETROIT, July e.-Close: Wheat
started on Thursday with smart de-
weather over the greater part of the
west and northwest This Is expected
to weaken coarse grains and the price
of wheat will work lower In sympathy:
now the cool weather makes conditions
lust what Is wanted for good crop.
All threshing returns from the win
ter wheat belt show better yields than
liberal movement of what as farmers
show n tendency TO sell promptly or
their new crop, and this will result In
active hedging by the big Chicago
houses taking the wheat from the
country. This bearish condition has
had the bullishness OF the coarse
grains to counterfeit Its Influence on
prices. The high corn has held wheat
expected to bring an easier market for
both corn and oats and leave wheat 10
take it's natural declining course. Sell
ers are held in check just now by the
fact tina. the spring spring Gro, crop n Is not S.n YET
but few more days of good weather
will increase their confidence and re-
suit In larger offerings.
Wheat quotations: Cash and July No.
2 red, size: September opened with a
decline OF lc at 9lAc. lost hc. ad-
vanced to 92hc and declined TO s0hc:
December opened at s5h, declined 20
sshe. advanced to sSAe and closed a. q,
s5Ae, closing at s5hc asked; No.
mixed. I car at IS &c.
Coarse grain quotations: Corn--Cash
No ?, sahc; No yellow, l car car at
Standard. 2 cars at 46 Nc; No. white,
acc Beans--Immediate. prompt and
July shipment. s2.22 bid: October ship
ment, I car at S2I2: November ship
ment s2.o5 bid: December shipment 81.
Cloyerseed--Prime spot 1915; October
and March. 39.25; prime alsike, 80;
August alsfke. sS.75
Cash wheat Is abundant and demand
for II is slow. Mfllers are not active
buyers and report slow sales OF Hour.
Wheat fiuctuated some on Thursday,
but the general trend was 70 q lower
level Cash lost NC and the futures
declined 262kc
Corn advanced ihc, oats lost u and
there was an advance of &c In July
and October beans.
Receipts In the Detroit market on
Thursday included 1,0O5 bbls. of -four.
I car OF wheat of corn and OF
oats. Withdrawals were 400 bbls. OF
-four and 500 bu OF corn. Stocks are
fosters blu OF wheat, l64.o bu or corn
5,515 bu OF oats and 4 $50 bu OF rye.
Estimated exports of wheat from
Argentine this week. 100000 bu.
Receipts Of wheat Thursday: Duluth.
IS cars. against 2s2 cars a year ago;
Minneapolis, 1855 cars. against IS; Win
POS. 900 blu. against $4,000 bu: Kansas
City 100 cars. against 3S.
Primary wheat receipts were 10000
blu, against $780, 900 bu year ago
The worlds wheat visible supply de-
creased 2.2O3.0 bu last week. against
TlI70O0 bu the week before and TO-
AL, 900 bu year ago.
Wheat stocks In Minneapolis de-
creased 900, 900 bu for Ave days.
Liverpool wheat closed ~ Nd and
corn sd lower.
TOLEDO GRAIN AND PRODUCE.
Toledo, July 6.--wheas: CAST and
July. ssc: Sept. soc; Dec, s3hc. Corn;
Cash and July. 64c; Sept. IS Hc; Dec
64kc Oats: Cash and July. tshc;
Sept, 4sAc: Dec, 4skc. Cloverseed:
Cash, 5000: oct, $3.50; Dec. and Mar I.
1851 Alsike: Prime, s9.:5; Aug, 80.
Timcthy: Aug, $500; Sept. So But
ter. eggs and hay unchanged.
Ciose--wheat: July closed unchany-
ed and Sept. down sc. Corn: July
and Sept each down &c. Oats: Iuly
closed down Y c and Sept. closed down
NC Provisions lower.
CHICAGO GRAIN-Opening.
CHICAGO. July 6.--wheat: July up
&c: Sept down NC. Corn: July down
lac: Sept down 2hc. Oats: July down
1c; Sept down Ae- Provisions slightly
higher.
NCon--wheat: July up SC; sept up
&c. Corn: July up Nc; Sept. up NC.