The Detroit times., 1914-08-22
GRAIN AND PROVISIONS


las announced tnas the government
MI assume war RISKS Ola grain car
goes and that holland rs almost out
ioodstuns. England appears 10 be
n GOOD shape for the present and Liv-
(rpool came In with lower prices, Civ
ng the American markets an easy
opening tone. although prices were not
much lower. The war situation is not
hanging fast enough to have any ma
erial influence on wheat prices, but
ne general tone among dealers Is bull
sh. even when prices are declining.
he breaks are looked upon as the
latural result OF the taking OF profits
ma are not considered as representing
my change In the bullishness OF the
outlook. IL Is known that the wants
III continental Europe are large. They
we're large before the war started and
re now materially increased by dam
&c and - neglect .i praetieaily every
rican market for wheat In short
ime and this will be about the only
place where their wants can be sup
Plied. Russia is not exporting and
nay not let any wheat out excepting
9 friendly nations. and the crops OF
~ other exporting countries are short
iost OF the longs had secured their
fronts and are now waiting for enough
break to make IL worth while to get
n again. News from the wheat fields
favorable and corn Is doing better
bwing to recent rains The spring
wheat crop Is larger and better than
Expected and Minneapolis mills are ac-
I've buyers because OF the active de-
Wheat cargoes are moving freely TO
Farious points In Europe. and more
hips are loading The he close loss was at
Corn Is unchanged, rye he higher
Fash. beans loo lower and cloverseed
on Csc higher. Oats advanced &c.
lO1is; September opened without
change at s100A and advanced TO
bI02A December opened at s1.oiS
Ind $40 a%S ad sS seSS Il NAY ORGs o
white, cars at 81, closing at $l.0l:
No white, 81 Corn: Cash No. 3. 2
ears at sSc; No; yellow. 3 ears at SIC:
kt ss1c. Oats: standard, car at
Ethc. at i4Ac, at 45c; No, white,
cars at 4ic. closing -Rt 4thc: No
ears at Alc. Rye: Cash No 2. 81 q &c.
lst shipment s2:e5; octobsra $2,sS bid.
lovsrsse6 Prime spot sioS0; oG rs9
: bags at $3.50, 81 at STOPS; prime
dislike. ts.25; sample alsike, is bags az
bs.50. Timothy: Prime spot. s2.'6.
alfalfa: Prime spot, $9.15-
Coarse grain receipts on Friday
were % cars of corn. 20 of oats and
p OF rye. Withdrawals were 1000 bu
s scSG eu ar OF SssS ab ba eor
b04,7 700 bu OF oats and 12,05O bu OF rye.
Prices a year ago In the Detroit mar
|)Set were 91hc for No 2 red wheat, TIC
bats.
Hay inspection Friday 8 cars.
II Is reported that a ship II loading
Liverpool wheat closed u lower and
born unchanged TO Ad lower.
| Exports OF wheat and flour Friday.
Primary wheat receipts were 1900
ip00 bu, against 1915 600 blu a year ago.
Russian weather is unfavorable for
gathering crops and the wheat market
< The United Kingdom has good
weather and the wheat crop Is OF hne
Africa is buying wheat In Australia
and paying good prices.
Winnipeg reports So cars OF new
wheat In the days receipts.
Receipts Of wheat Friday: Duluth.
.eapoiis, 2bs cars. against zoe. Win
.nipeg. i37 cars. against. 40; Chicago,
|i5f cars, aginst 296; southwest, $4,000
0u s,e asssns Of 1 %SeSt in Minneapois de-
creased 100000 bu this week.
Flour receipts In Friday were l.oto
bills. against 1000 bbls a year ago.
Receipts or wheat were 12 cars and
shipments 5000 bu. Stocks are $4,000
bu. against ios. 400 bu year ago.
CHICAGO GRAIN.
CHICAGO. Aug. 2l,--opening, =
Wheat: September up nc; December
steady; May steady. Corn: September
Inactive; December down &c; May up
&c. Oats September steady; Decem-
Der up &c; May up &c. Provisions;
Easier.
Noon--wheat: September, up &c: De-
cember, up 1%c; May, up no. Corn
september, up %c: December. up IS;
May, up sc. Oats: September, up &c;
December up NC: May. up &c.
Close--wheat: September, up lac;
December. up NC; May. UP FAC. Corn:
September, up Nc; December up 1c;
May up &c. Oats: September, up 1c;
|peeemberr-ep y ei-At yr-ef-ll1 er-Pfe-
visions: Firm and higher.