The Detroit times., 1909-02-18
GRAIN AND PROVISIONS.

DETROIT, Feb. ls.-Close. Corn and
oats were very strong on Thursday. and
the bears found &c IA difficult task TO
hammer wheat. They started In early
in the day by explaining that wheat
ough tc decline. II was too high and
had made a big advance. there ought
TO be two sides To the market. But
the market appeared not 10 understand
the argument for IL held quite hrni
during the greater part OF the DAP.
Primary receipts were double those OF
the corresponding date last year and
the new crop was in an improved posi-
ton. with plenty OF snow. Liverpool
wheat Were large. IL was very slow
day in wheat and the opposing Gle
ments secured no new positions
=, Wheat gaotation;s.-CI,assh No. 2 red,
at $l.l6s.. lost another nc advanced
tac. declined to s1.16%. and closed at
sll7 ~ July opened at 81 .03 u, de-
siined to !, ~ and adva ainssd 10
September opened at sS&c. lost nc.
gained !se. and declined TO sstc; No.
3 red. ST. IA No. white. slis.
Coarse grain quotations Corn-Cash
No. 3. enc; No. yellow. car at
6sS.c
6ats-Cash No. 9 white cars at sec.
Rye-Cash No. 2 soc.
Beans-Cash. t235a24O bid; May.
Glover seed-Prime spot. 20 bags at
$40. March, 100 bags at s5.t0; sam
s415 sample slsike. : bags at $3.50. 8
at 1925
Timothy seed-Prime spot. IS bags
at sl.e5.
Bariey-Best samples. ,lso9is5 per
cwt.
Wheat receipt. at Winnipeg lls
cars; year ago. So.
northwestern wheat receipts Thurs
day. 261 cars year ago. 1874.
Total Canadian wheat crop, 1l2434-
600 ou; raised In the northwest, 81,
353 900 bu.
Estimated wheat exports from Ar
gentina this week. 100000 bu.
Receipts ia the Detroit market
Thursday. included 400 bbls OF -four.
No Withdrawals stocks are 347.TeC
bu OF wheat. 2s3,42O bu OF corn. 1885
bu OF oats. and 2s.ssl bu Of rye.
Wheat In Liverpool closed I'D lower
Wheat receipts at primary points
Thursday. 4se.oo0 bu; year ago. 22l .Ooc
Australian wheat exports this week
are estimated at 100000 bu.
Exports OF wheat and -four Thursday
$1,000 bu.
CHICAGO GRAIN.
CHICAGO, Feb Is-The lowe
cables. liberal Argentine estimate fav
orable weather. and continued larg,
receipts IN the northwest caused ar
easier market Ia wheat prices. declln
Ing 4. " nc at the start. From there
I small reaction followed. The majoritl
OF trade was on the buying side. Liv
{ erpool cables came 4. n nc lower
Broomhall says the easier tone Their
Is due 10 liberal estimate on Argentln
shipments. Wheat cargoes IN nearb,
positions offered freely Argentin
shipments estimated at 100000
against $4,000 a year ago North
west receipts were liberal at PSI car
against liza year ago.
The Armour Grain Co sold abou
800 900 bushels OF May wheat FOR
customer late Ia the day. causing
recession I'm the price from sI14e {
sl.l4 and the resting spot for the do
was tll3hI.l4. against sil4L at ia
close OF yesterday July was - al
September wheat NC lower. A bl
trade was done IN wheat. and IL wa
active right up TO the close.
Australian wheat shipments are -
I tlmated at 100000 bushels Tor Ia
week against 3O4 600 bushels "A yea
| ago. II this Is realized IL Will max
the Argentine and Australian ship
! ments s.d0O.JOO bushels
1 Corn and oats were up sharply. an
I provisions were strong.
/ Closing prices Wheat--May. f1.l37
! mi14Y Corn-May. 6iis a6i &C. Oat
May 55i. mB5i4c. POrk-May. Sic. q
I Lard--May. $3.50 go bid. Ribs-Ma,
( 1872 asked
Quotations by Hayden stone a Co:
4 TIfgh Clos