The Detroit times., 1916-07-18
Faepaoae7 FINANCIAL AND MARKET NEWS
Grain and Provisions


DETROIT. July l5.--Ciose; Fear
OF black rust In the spring wheat Is
the dominating influence at present
has been causing strength for seN
eral days and Mondays opening
showed higher prices in leading mar .
kets at home and abroad.
favor the spread Of rust There Is
rain in the northwest. but tempera
lures are still high, and this helps
the rust. The northwest ~ about
the only place that reports rain and
the country Is hot in all directions.
While northwestern news Was puli ,
ish, the Minneapolis msrks, quoted quoted
promised liverpool shows much
strength and Chicago dealer says.
too high Investors have been tax,
ing wheat freely on the advance and
they ngure that there is little or no
war boom In the present price The
lieve an advance may come any day;
owing 10 foreign buying. Several
foreign governments, including the
British. have been making purchases
recently and dealers expect no trou-
bic in placing the surplus this year.
Miliers In the southwest are tax
ing a large share Of the new crop as
IL begins to move. The quanty mas
ulation here Is rather quiet and
there Is not much doing in cash
wheat Milling demand is very slow
A great deal OF unfavorable rust
news came from the northwest dur
ing the session and some reports
said damage had already resulted
After gain Of isc and loss OF
&c. wheat closed at Saturdays last
Corn advanced &c.
Mondays wheat quotations: Cash
No. red. Sis september opehe9
with Jump Of ne. at ST.: d ., III e
December opened at 81 an. declined
to sl.2S+ and advanced 10 sl.2i' NO
Gondays SSarsss grain o Ga : SsifSs.
S3isc. No yellow. S1i7 g So hc.
Oats standard. 4541c, No. white.
44irc. september. ioi9c, No. white
f:ye tash No. ?. ssc.
Beans: Immediate and prompt
." SEEDS p'SI"' prime and red clover.
$3.50, prime alsike. $3.50; prime
RECEIPTS in the Detroit market
Monday were 1000 obls. OF hour.
cars Of wheat. ! 3 of corn. ~ OF oats
bbis. OF -four. 1900 ou. OF corn and
lO. 500 bu. OF oats. stocks are 1900
bu of wheat 10000 bu OF corn,
as. 500 ou OF oats ana l''tVV pu- OF
Primary wheat receipts were 1850,
900 bu.. against 10000 bu. a year
Receipts OF wheat Monday: Du-
luth. rs cars. against % year age
Minneapolis, 3V2 cars. against $50
winnipeg. i.ll6 cars. against So
Chicago. - cars. against % south
west. $4,000 bu., against 2s6.00O ou
Wheat on passa &c Increased 3Lo,VOt
bu last week and Is now 5S,OOO,oOO
bu. against 30 $4,000 bu. year ago
Worlds wheat exports last were
were i4.isa.000 bu., against l,Ol .."oU
bu week ago and s.S02,Ooo bu. a
Exports Of wheat and nour Mon
day. l4S5,000 bu.
last weeks decreases in the
American visible supply: wheat
2.139. GOO bu.. corn. 100000 bu.' oats
$751; 900 bu.
TOLEDO. O.. July Wheat
Cash and July. s.i9, september
si.ai. December. $40. Corn; Cash
73c: July. sac. september, go De
ccmber. &C sc. Oats Cash and July
44C: September. 80 49,. Dece mbeT, i5c
rive: cash. 95c. Cloverseed. cash,
1857: October. s9.o7. December. ts.25
Aisike Prime. $3.50. Timothy. Cash
sa40 Butter: Brick creamery, - q
tub creamery. 2Siac. EgSs: trcsh
candled. 25c. fancy selects. &c. Hay
CioseGWheat. July down &c;
.x-,.u, h,r d,U-u . Derem he ;