The Detroit times., 1911-08-07
GRAIN AND PROVISIONS.

DETROIT, Aug. CLOSE: Wheat
had a strong opening on oMnday anu
the advance was traced TO oalil.h s con
i Winnipeg opened with big Jump,
which the American markets were
quick 90 follow. Bulls IKE this 10 mean
4 that the rust 10 In the Canadian wheat
fields. and II this Is the case there Is
no telling how far the crop viii be cut
| down.
The early advance took the trade by
surprise as a decline had been expected
owing 10 the change I'm tone OF the
/ northwestern news on Saturday. Ex-
perts had modified their views TO 10
damage In the spring wheat states and
the presence OF rust In Canada had
been denied by those In position 20
know. This started q lot OF liquidation
and II looked like bearish turn for
! few days at least.
The Kansas state report made the
wheat crop 81, 100000 bu.. against
July guess OF 5S.0o0.O0o bu. and crop
OF 6l.0O0.000 bu. year ago, The fall
Ing on In the primary movement and
news from Russia were bullish fsa-
lures, showing that there will be de-
mand for all the American surplus
Recent changes In the supply and
demand situation have turned atten-
ton away from Canadian reciprocity.
One dealer says II the Russian news Is
true not a bushel OF Canadian wheat
will reach the United States In q year
and a half Germany has bad crop
outlook and all the European markets
Wheat had an opening advance OF
about a cent. part OF which was lost
and recovered aNain. Damage to the
crop Of the northwest causes the
strength Corn and oats were steady,
and cloversed advanced csc.
Wheat quotations: Cash No. red,
s0+c. September opened with an ad-
vance OF lie at ssS, declined to ssh :;
STAG. declined to 97hc and closed at
s7%c: May opened at S1.o2h, advanced
Nc and declined 10 sl.o2h; No. white.
Coarse Grain Quotations: Corn
Cash No. s. SIC: No. 2 yellow. sec ask
ed; No. 3 yellow. cars ut CSC. Oats
Standard. car at 42hc; new. Ale; Aug
ust. 4ic; September. 42c: No, 2 white,
4, sac Beans-Immediate. prompt and
August shipment, s2.2S: October, S2.0s.
November, s2.Os; December. N.sS.
Cloyerseed.Prime spot October and
~ at $40: prime alsike. $3.50; sample
alsike. Ia6 bags at 81. SO, is at 1915. 20
at 1915, 20 at $3.50. Timothy Seed
Prime spot. 80 bags at 1925.
Receipts in the Detroit market Mon
day included 1.335 bbls. of -four. s cars
of wheat, 3 OF corn and IL Of oats.
Withdrawals were 500 bbls. or --our,
i,o07 bu. OF wheat and .b45 b. OF oats
Stocks are 112,s57 bu. OF wheat. 221.0ls
bu. OF corn. 1888 bu. OF oats and $3.50
bu. OF rye.
The visible supply OF wheat increased
3, 664. 600 bu. OF corn decreased .l1s,OOo
bu. and OF oats increased 1.7s7.0o0 0u.
last week.
Primary wheat receipts were 1.4Ts,-
600 bu,, against 2.334,ooo bu- q year
ago.
worlds wheat exports were 1o.s2sooo
bu. last week. against 1o.464.0oo bu- a
year ago.
Exports OF wheat and -four. $4,000
bu.
Wheat on passage increased 1.l2s.ooo
bu last week.
Mondays wheat receipts: Kansas
City, al cars, against SIS year ago;
ST Louis. 16b, 900 bu.. against 276 900
bu.: Duluth, s3 cars, against so: Win
nipeg, l27 cars, against rs; Minneapo-
lis. oil cars. against AT.
CHICAGO-GRAIN-O
CHICAGO. Aug. Wheat: Sept up
u n. Dea mn lc Corn. Sept and Dec.