The Detroit times., 1911-07-21
GRAIN AND PROVISIONS.

DETROIT, July 21.--Close: Wheat
was steady at the opening on Friday.
but the early undertone was strong
and general conditions. appeared to be
working for higher prices Liverpool
was a little higher and news from
both importing and exporting coun-
tries favored the bulls Stocks OF wheat
are decreasing IN Europe and the out
look Is less favorable In Russia, India
and Argentin
Good judges of wheat are all reduce
Ing their estimates Of the spring crop
and the low figures given out by some
OF the exports few days ago are be-
ing gradually accepted as the actual
condition Of the crop Is better under
stood There Is still some talk OF
black rust and IL Is remembered that
this trouble caused n heavy reduction
in the yield a few years ago. since
which time the trade has always been
made nervous by reports. Movement
OF winter wheat Is decreasing and pur-
chasers on overnight bids at Chicago
are falling on IL is said that winter
wheat farmers are not selling and the
rush of early sales appears TO be over.
smaller movement Is expected from
now on. About a dozen steamers have
been chartered at Chicago TO move out
the recent export sales, and there Is q
chance that stocks there may be re-
duced. The general tone In the Whea'
trade Is much more bullish than II was
TO be good bull leadership.
Wheat was strong early, weakening
later and closing at loss OF AM y &C.
Cash wheat was easy. Corn was un-
changed and oats declined &c
Receipts in the Detroit market Fri
day Included 1857 bbls of -four, II cars
Of wheat. 2 OF corn and IA OF oats.
wfthdra walls were 500 bbls OF hour,
Stocks are 9g,222 bu Of wheat, 1897
bu OF corn, 5.534 bu OF oats and 4,sss
bu of rye.
Receipts Of wheat Friday: MInneap-
oils, rs cars, compared with 165i year
ago; st. Louis, $4,000 bu. against liz
eee Duluth, 20 cars against 36;
Winnipeg, 100 cars. against 123.
Argentine wheat exports this week.
100000 bu, against 1.ss4,000 bu a year
ago.
Liverpool wheat closed q a kd and
Primary wheat receipts were l,bsS,-
900 bu, against SI1, 900 bu year ago.
Minneapolis wheat stocks decreased
301, ,000 bu for the week.
No red. s5Ac; Sept opened without
change at STAG advanced to SSkc, and
declined to S7hc; Dec. opened at 81 c.
moved up TO 92hc. and declined TO
81 srsin nn aSota,ion: quo TsS Corn 's cash No. J.
81 &c asked; No. 2 yellow. soc; No. 3
yellow, cars at 6shc Oats: stan
dard, acc asked; Aug, 42c asked; sept.
42Ac, NO. wnlte, 40 ~ C. rye Chsh,
No l. Tie Beans: Immediate. prompt
and July shipment, s2-2o; Aug, s2.iS:
Oct, S2O5; Nov, 81; Dec. s1.s5. Clover
seed: Prime spot, 1915: Oct. aud Mar.
$50; prime spot and Aug. alsike. 80.
TOLEDO GRAIN AND PRODUCE.
) TOLEDO, July 21-wheat: Cash and
July, s6Ac; Sept, ssc: Dec. 81 &C;
May. 95Kc Corn: Cash AMI July. soc;
Sept, ssHc; Dec. 62%c; May. s4kc.
oats: Cash and July, 43c; Sept. 42isc;
Dec 44hc. Rye: Cash, 7Tc. CLOVER
seed: Cash. s1O.10; Oct, Dec. and Mar,
s972h AIsike: Prime and Aug. 80.
Timothy: Aug, $3.50; Sept, So But
ter, eggs and hay: Unchanged.
CHICAGO GRAIN OPENING.
CHICAGO, July 21.--Opening-Grai
Wheat: July and Sept down hc. Corn:
July up &C; Sept. up nc. Oats: July
up &C: Sept. up &c. Provisions steady
Noon--wheat: July and Sept. up &c.
Corn July down NC; Sept. up &C.
oats: July down 1hc; Sept. down nc.
July down &C; Sept.
down &c Corn: July and Sept down
&C. Oats: July down sc: Sept. down
lhc. Provisions: Steady.