The Detroit times. [volume] (Detroit, Mich.) 1903-1920, 1913-06-27
GRAIN AND PROVISIONS

l.
ing among dealers at the opening on
Thursday was bullish owing 10 the dis
covery that parts OF the spring wheat
acreage supposed TO have receiver ram
were dry as ever and suffering mich
damage.
The hr-t word from Chicago WAS
that wheat was not receiving proper
support. II was a dragging market.
There is feeling that the short side
OF wheat is not safe as long as un-
certainty remains as TO outcome OF the
spring crop, The Northwestern Miller.
published at Minneapolis and very
careful and conservative periodical. q l.
mits that there Is something amiss
with the spring, crop It appears TO Re
and Is difficult 10 understand. The
crop got slow, cold start last spring
and did not stool properly on. the de-
into some export business which
checked the slump and turned the r'ar-
ket strong This export buying is very
6iscouraging TO short sellers.
news is bullish. The Jim Valley. crop
has been almost wiped out and the
be 10000. 900 bu less than that Of lest
year for the three spring wheat states
The trade was fooled on "Wednesday
re sfT and Tan Tns Srt sSs
/
will remain dry all week. with only
sprinkles al scattered points. The cash
situation is strong owing, to active
Broomhall reports beneficial rains in
/ Russia and a good general promise.
/ The tone In Liverpool was easy at the
| close. Ease In coarse grains helps 10
weaken wheat.
Wheat was weak during the greater
part OF the day. but was recovering AT
/ the close The finish was unchan ell
for cash and Il lower for the futures:
Corn advanced NC and oats gained
HMlc Rye and beans were steady :.
s1.o3: July opened without change at
DIX and declined to 91hc: Septem-
her opened at 92isc. declined to 81 ?. G
and closed at 92hc: December opened
at s5ac; No white. siO2 Coarse
grain quotations. Corn. cash No. g.
e0+ C.; No. yellow, l car at 6sAc; No
yellow, . S5ac ! &C, car on track; $50
cars at 42c; No 4 white, cars at sic
closing asked. Rye: Cash No. q SAC,
! Beans; Immediate, prompt and June
shipment s2.o5: August. s2.10.
Thursday included 100 bbls OF -four
6 cars OF corn and 9 OF oats. With
drawals were 1000 bbls OF flour. Stocks
are $4,000 bu Of wheat $3.50 bu OF
OF rye
Exports Of wheat and -four Thurs
DAY. $4,000 bu
! Primary wheat receipts were So, 000
blu. against $4,000 bu year ago.
Liverpool wheat closed I'D lower "a
/ I'D higher. Corn closed II a !. d lower
Receipt -ef ~heat-Tha-sday-- South
west, $4,000 bu. against $4,000 bu a
year ago; Duluth, 143 cars. against ~;
| Minneapolis. 149 cars. against 90. Win
nipeg. 22i cars. against 1870; Chicago
1874 cars. against IS.
Estimated wheat exports from Ar
gentina this week. 1900. 900 bu.
| The Russian winter wheat crop is
estimated at 276.O00.0O blu, against
237, 592. 900 blu wear ago.
CHICAGO GRAIN.
! CHICAGO. June 40 pen | n g.
Wheat: July UP NC; September UP :.
Corn: July up NC; September up %c
! oats: July up &C: September up u @
| Provisions: Steady
CHICAGO WHEAT AND PRODUCE
/ CHICAGO. June 26.-Trade In the
| grain pits was light today on isht
/ offerings wheat prices had a fractional
1 advance at the opening, but later lc-
veloped an easier tone and In the early
trading was quoted at yesterdays clos
/ ing prices.
Corn was NC frmer today light OF
! ferlngs and a moderate demand infip-
-. -