The Detroit times., 1915-07-30
HsS95ac FINANCIAL AND MARKET NEWS Ieed
Grain and Provisions.

DETROIT, July as.-Close: This
Northwestern Miller of Mir.eapolis
sent out a very bearish estimate OF
the condition. OF the spring whea'
crop In the northwestern states. This
had q great deal to do with the early
weakness owing TO the PROMISING
crop outlook. The weather In the
winter wheat states was only moo :
erateiy favorable. There II still too
much rain. but conditions are not so
bad as few days ago. The move
ment OF winter wheat 10 market rs
not increasing fast enough 10 cause
much pressure. but dealers Rave
great deal 70 say about what 1, soon
TO happen in this line and * has a
bearish effect. Some hedging sales
are noted. but this - largely Offset
by moderate export buying. Foreign
ers are taking a little every day
Harvesting OF wheat has COM
menced in England and weather is
| favorable. Little wheat Is onsred
and country markets are nrm
weather IN France IS improving
spring wheat weather In the United
States and Canada There Is more
| talk OF the government reputation
ing the wheat crop OF Canada
considered favorable for the spread
OF black rust. The temperature 10
not dangerous. From alt directions
come reports and estimates pointing
e Go a gv ana there is a decided feeling
OF bearishness among dealers
Snow reports that production OF
winter wheat Is showing up better
, .io slseH rn.e eompiaint Is
coming from the Red river valley.
The market WAS weak W 20 closing
time. Last prices Were g lower Tor
cash and se3Ac lower for ne IA.
The coarse grains were steady.
Timothy seed gained l5c and clover
Wheat quotations: Cash No. red.
Si.io: July opened with a decline OF
nc at N.l1h and declined 10 si1o:
September opened at s1esA and de-
ciined TO slo7: December opened at
sii.. sns declined TO si.ios; No.
Coarse grain quotations: Corn
No. yellow. sac oats-standard
ss 2 $50 &C. f. .s,,s No Hsits Ry $50
Cash No. :, 81; August. sec, beans
ss a%:o'a August hu ,.4s clo1sr s
Prime spot. $50 October. $50:
spot $3.50.
Flour receipts on Thursday were
1 600 bills and shipments 1000 obis.
wheat receipts were cars ana
shipments 5000 bu. Stocks are 5000
bu- against s2i.2oo bu year ago.
Coarse grain receipts were IA cars
OF oats. Stocks are $4,000 Blu OF
corn. $1,000 bu OF oats. 1000 bu OF
barley and 1900 bu of rye.
Prices year ago in the Detroit
market were eshc for No. ? red
wheat. 7sc for No. corn and Ale for
standard oats
Receipts OF wheat Thursday: Win
nipeg. IS cars. against 81 year ago:
Duluth. 8 cars. against rs; Mime
ISL cars. against SIS. southwest sat-
900 bu, against $4,000 bu.
Primary wheat receipts were i,.0s-
900 bu. compared with 2.ls3.oo0 hu a
year ago.
Exports of wheat and -four Thurs
day, 723.eoo bu.
CHICAGO GRAIN.
CHICAGO, Ill. July 29.--Opeuing-
Wheat: July. unchanged; September.
up Nc: December, down &c. Corn:
July. unchanged: September. un-
changed: December. up NC. Oats:
July. up Nc; September, up kc: De-
cember. up &c. Provisions. lower
Sept. down &c; Dee. down &C. Corn:
July down &C. Sept. down NC; Dec.
down &c. Oats down sc; Sept down
&C; Dec down hc.
C1ose-Wheat: July down axe:
Sept. down NC; Dec. down Ihc. Data:
July down lc; Sept down ic: Dec.
down sc. Provisions: Higher.