The Detroit times. [volume] (Detroit, Mich.) 1903-1920, 1913-06-17
MARKETS and FINANCE


DETROIT. Jan. ls.-close: Dealers In
wheat Mere somewhat disappointed
that Liverpool wheat did not show
erican grains were all higher. wheat
nc and the coarse grains lc.
Prices are governed entirely BY the
weather at present and there Is noth-
ing In the outlook TO encourage be-
lief In lower markets. Rain Is needed
and the weather map shows dry con.
dillon over almost the entire Uniteu
states. The few spots where moisture
ton. not enough TO do much good to
the surerig crops. The government =
FOL ecast for the week IL discouragina;
the best tnat Is promised is an occas-
reports a little rain, In the meantime
grain crops OF all kinds are sufrerins
and II looks like period OF high
Prices.
and worlds exports were lighter than
expected. ABSORPTION OF wheat was on
liberal scale and the quantity or
wheat on passage had a heavy de-
aole ana there was some pressure or
cargoes awaiting orders, which were
offered at decline The Liverpool
market was flrm at the close.
The marke. had rather sharp drop
after an advance Of about &c over
close, but recovered and
advanced during the rest OF the day.
Gle sing at an advance OF 10 isc.
Corn advanced lac and oats / nc. Rye
and beans were unchanged.
All the strength Is due To dry wealth
er.
Wheat quotations: Cash No = red.
an advance Of hc at SO Nc, touched SIC.
declined TO sS Nc and advanced to 81 ~
FOR July and s4+e for september De.
&c. declined TO s6Ac and advanced TO
csc; No. l white. 3L05.
Coarse grain quotations: Corn--Cash
No. 8 yellow. sshc Oats-standard.l .
cars at ++c. closing at AN bid: No. 8
white. 8 cars at 43c. closing at %3xo
ink iss SAMPLE fa csr a a. ' iic Rs.
Cash No. 2. s4c. ns--lmmed,a ate.
prompt and June shipment. ss.o6:
Receipts in the Detroit market in
cluded 1000 bills Of -four. s cars OF
corn and OF oats. Withdrawals were
1000 bills OF hour. 5000 bu OF wheat
900 blu OF wheat. $1,000 bu Of corn. a.
4S0 bu OF oats and 1850 bu of rye.
Liverpool wheat closed no Nd and
corn q y I'd higher.
Kansas reports wheat ripenine too
last -
Wheat on passage amounts to 5l.is4,-
900 blu. against 5Ss4s.0O0 bu week
ago and 5{.s62.Ooo bu year ago.
Worlds wheat exports last week
Were l3.lsi,0V0 bu, against lS.l52.00c
bu the week before and l4.76s.00o eu \
year ago.
Wheat stocks at Minneapolis in
creased 5000 bu in two days.
Mondays exports OF wheat and Hour.
200 bu.
Primary wheat receipts were l.0t0.-
900 bu, against ASS 900 bu a year ago.
Wheat receipts Monday: Chicago. %
10000 bu. against 6l.ooO bu: Duluth
CO cars. against 81: Minneapolis. fol
cars. against 262
The visible supply u wheat decrease
2,s35.0Oo bu and OF oats increased 49,
coo bu.
TOLEDO WHEAT AND PRODUCE.
TOLEDO. June lS,-Wheat: Cash.
sos; July, s4hc; September. s+%c:
December. s5sc. Corn; Cash and
September. 4aI.c: December, 4.s C.
Rye: Cash 63c. Cloverseed: Cash.
tissO; October. $3.50: December. $Iss
a !. ~ October. ssss az pess anos,
3s27l.; september ,2i5: October.
$2lah., Butter. eggs and hay I'm
CHICAGO GRAIN.
CHICAGO. June $50 en- n -
Wheat; July up se: September up NC
Provisions: Shading easier
Noon-Wheat: July steady; Septem-
Der down isc. Corn: July up ne; Sep
TENDER up &c Oats: July steady;
September down lac.
Close-Wheat: July up lisc; Sep
TENDER up &c. Corn: July up lie; Sep
TENDER up 1Lc. OATS July up llsc:
September up hc. Provisions: High
err
CHICAGO WHEAT AND PRODUCE.
CHICAGO, June discrimination
over sunday and today or the hot. dry
weather over the great northw st