The Detroit times., 1916-07-12

Grain and Provisions
CHICAGO GRAIN AND PRODUCE


CHICAGO. July 12.-Reports of ad-
ditionsl crop damage by infection or
black rust In the wheat fields around
Aberdeen. :. D.. sent wheat prices up
today. July. opening sc up. gained
llsc later, selling at Sl.09A sep
tember and December each gained
1lsc after higher starts and sold at
N.l1+ aud sl.13A respectively.
Corn was lower early "c = sdsn TO
sell. and ruled fairly steady around
opening prices. with the exception OF
July, which dropped &c after open
ing AZ up. July sold at a. G. sep
temher at 741ac and December at
&C.
in sympathy with wheat. July sold
arounG 41hc, September iOsc ana
December E3Isc.
Provisions were higher on BRISK
demand
DETROIT. July 12-Liverpool was
firm Wednesday, but the American
markets opened with a strong tone.
opening in Chicago was strong
Black rust reports are taking shape
and already some of the best ana
most conservative men In the trade,
such as Mr.. Snow, acknowledge that
the rust is present at several points.
or course. Il Is present at some points
every year. The trouble is when II
spreads to all points, and TINS II sci
dom does. But there ia always the
chance that IL viii spread, in whlch
case IL will be a national calamity,
for the crop ~ not LAT &c NJ eest,' ana
every bushel viii be needed Inc
rust Is the most important point IN
the market at present, and is mate
rally helping the bulls At the same
time they are getting help OF more
legitimate character from the active
Ipt af xsrba for aNnDTt IhPTe
appears to be enough OF this buying
To sustain the market for the present
The fact that Liverpool did not ad-
vance is traced 20 an easier tone In
ocean freight rates. There has been
"A decline within the past few days
and lower Loyerpool prices as
suit would not be surprising. Ihe
continent j. the best buyer OF wheat
and will require a great deal owing
10 short acreage and poor outlook
Bears fear a continuation or the
warm weather over the spring Wnedl
states. as il viii assist in the spread
wheat ruled strong and closed with
an advance Of ga a &c.
oats advanced 1tc. rye lost lc. and
Wednesday's ~" wheat quotations
Cash No. red, 81 l6. september open.
ed with a jump of nc, az WIG. ana
advanced TO SllSis; Decemher open
ed at S1.20H and advanced TO kl'22ia :
Wednesdays coarse grain quota.
tions-Corn--Cash No. 3. SIC; 80,
81 lac. oats Standard. 45c, No.
white. 44cA September, i04c; No. 1
white, i2a i3c. Rye-Cash No. .. go,
Beans-lmmediste and prompt ship
ment. S575 bid. and offered at So.
Seed-Prime red clover. $3.50; prime
aIsike. $3.50: prime timothy, s33O,
Receipts in the DETROIT market:
Wedne sday included 1000 bhls. OF
-four, I car Of wheat. 10 OF corn, OF
oats and of rye shipments were
GOO hhls Of -four, 10000 hu OF wheat,
o. 600 hu OF corn. Stocks are $4,000
hu Of wheat. 11S.oO0 hu OF corn, 60. 600
bu Of oats, and 1900 bu OF rye.
Primary wheat receipts were S64,-
600 bu against BE-, 600 bu year ago.
Exports Of wheat and -four We'd
nesdav 26s 900 bu,
Receipts Of wheat Wednesday---Du-
luth. t31 cars, against q year ago.
Minneapolis, ITO oars, against 1876;
ChicaEo 16 cars. against ~; Winni-
peg. 719 cars. against 81; southwest,
all. 900 bu, against $4,000 bu.