The Detroit times., 1913-07-29
GRAIN AND PROVISIONS

DETROIT. July es-Ciose: liverpool
came In with lower whea, prices on
Monday ard the American markets
were quick to take the down grade.
Weather and general conditions were
favorable to lover prices.
Liverpool reported an increasing
pressure OF new American wheat and
large American exports. although the
total worlds exports for the week were
favorable and Russia sent out some
better reports, causing further de-
cline. There was less enquiry for car
goes. The crop outlook in the United
Kingdom was favorable.
Wheat dealers expect the market TO
hold In case corn advances and condi-
tions are favorable for strength I'm the
coarse grains. Takings OF wheat for
export were large last week. The to-
tai In all positions is placed at $780,
900 blu and bulls expect buying 10 con-
ttnue on a slightly lower level Sales
Tor export on Friday were about 1900
goo bu and engagements OF ocean
freight room were very large late in
the week. The dip In prices has shut
on country selling and pressure Of new
wheat Is high. The feeling Is general
that wheat Is on safe basis and any
adverse weather will be on the side OF
buyers. Some very bullish corn news
came in on Monday and the feeling is
that wheat Will not go much lower. as
long as the coarse grains are strong.
Crop news was favorable for wheat.
The plant is working 10 maturity un-
der favorable conditions and promises
q good yield. Winter wheat is In good
milling demand and quality is satis-
factory.
Wheat eclined nc and all the deals
but December recovered IT, December
!, closed at a loss OF &c.
Corn advanced &c, oats were steady.
cash beans lost sc. cloversecd lost SO
and alstke advanced Zoe
Wheat quotations Cash No red, /
car at ssc; july opened with droI OF
closed at sse; September opened Al
SeHc, declined TO SSac and closed al
Se&c: December opened at s2v4c. &C.
clined to ssc and closed at e2Gc; No 3
red, sec; No. ! white. SSc bid.
Coarse grain quotations. Corn--C sh
s no. =. 81 19c; No. yellow. car at &c
No. yellow. s6hc. oats-standard
No. 4 white. Ale. Rye--Cash No 2
sac; August. 5000 bu at 6lc. Beans
Immediate. prompt and August ship
Primo October. so bags at $S25s f.
; cember, sS25. October alsikp. $40: sam.
pie alslke. bags at $3.50. 3 at So Z m
othy-Prime spot. 40 bags az s2.5o Al.
Receipts in the Detroit market Mon.
day included 1000 bbls OF hour. car,
s drawais were 1000 bbls OF dour and
400 blu OF corn. Stocks are 142.30c ht
OF wheat. 50.f50 bu Of corn, 1880 br
'tof oats Ind 14J00 bu Of rye
1nUlis figures the winter wheat croI
q IT 476, 100000 bu and spring at 225 50O. j..
600 bu, a total OF zoo. 000, 900 bu, against
10000. 900 bu last year He makes ~,
= western provinces Of Canada l7O.0)O.S0'
f bu, against 205. 100000 bu last year
liverpool wheat closed q n I'D Lowell
+ and corn y q sd higher.
A Kansas City authority says the corr
Y crop OF that state promises the small os
yield since 1901.
Worlds exports OF wheat last weah
I aSa2. 400 bu.
wheat receipts Monday Duluth. )
cats. against 10 year agu. Mime
! apciir. POE cars. against SO. Winn reg
~ cars. against 1903; Chicago. CTS carr
. against az; southwest. l,409,000 ~
r neatust f.544. Zoo bu.
The visible supply OF wheat increase
$751; 900 bu last week Corn decrease
1Ssa.ooo bu and oats decreased pa,
roo bu
Esports OF wheat and -four Monda,
1857 o0o hu.
& Primary wheat receipts were 3.iis %
bu. against 2.23s.0O0 bu year ago.
CHICAGO GRAIN.
= CHICAGO. July 2s.--OpeninR =