The Detroit times., 1909-02-20

DETROIT. Feb. ls.-Ciose: Primary
wheat receipts were again much larger
ket gave II no consideration. The bulls
feel confident that they will not be
swamped with wheat from present re-
serves and are not bothering about re-
er and then put the market up. Liv-
erpool was something Of surprise.
opening on. and then more than recov-
ering Its position. closing hrm. not
withstandtng heavy Argentine exports.
Telegraph service WAS bad on Friday,
and trade quiet. but the close was
Wheat 0uotations-Cash No. red,
sl.lSn May opened without change at
s1llh. lost Ac. and. advanced to
to sl.0a. advanced to si.OA and closed
at $1.03& September opened at sSAc.
declined &c; adyanced TO .sste, and
Coarse grain quotations Corn-Cash
No. 3. eshe bid: No. , yellow. Ga. c
oats-Cash No. 3 white. / car at sec:
No: white, ear at 55isc. at 55Ac.
Rye-Cash No. 2. s0lsc bid
Beans-cash. s24o BID May. s2.45
$685.: March. ss35 bid. sample, 10 bags
at $40. "a at $50. - at IS, 10 at
sf75 sample alsike. l2 bags at ss.25.
Timothy seed-Prime spot. so bags at
sls5
Barley-Best mailing samples. $40
Receipts In the Detroit market on
Friday were 200 bills OF -four cars
OF wheat. and I OF oats. Withdrawals
were 400 bbls OF -four. Stocks are 1853
420 bu OF corn. 1889 bu OF oats, and
2s3si bu OF rye
A resolution was adopted by the De-
eating the removal OF the duty from
Canadian barley The duty Is soc a
bushel which is prohibitive.
Wheat and corn In Liverpool closed
Wheat receipts at primary points
Friday. $4,000 blu: year ago. $4,000 bu.
Weeks wheat exports according to
Bradstreets. 2.273.000 ba.
Exports OF wheat and -four Friday.
$4,000 bu.
Argentine exportable surplus OF
wheat. 92.000,000 bu. estimated: former
estimate. 100000. 900 blu.
Australian wheat exports this week.
1855, 900 blu; week ago. 2.+l6.000 eu;
year ago. 100000 bu.
Argentine wheat visible supply. A.
500. 900 bu; week ago. 100000 bu: year
ago. 6.1S4.0o0 bu.
Exports OF wheat this week from Ar
gentfna. 6s12 900 bu
Wheat receipts at Winnipeg. 81 cars;
year ago 49,
Northwestern wheat receipts Friday
293 cars. year ago. 239
Kansas City wheat receipts. So cars
year ago. II cars.
CHICAGO GRAIN.
CHICAGO. Feb. ls.--Cnexpected
strength in Liverpool market caused
little higher opening In wheat with the
Bartlett house buying at the start. The
market eased on later on selling by r.
w. Wagner. Daggett and the north
west Scattered commission house
trade both ways. Liverpool comes u ~
&c higher against our decline OF u "
u 10 nc.
opening: wheat--May. sl14h u
113A. Corn-May, 66h q 66hc. Oats
May, 55r 45she Pork-May. 81 q
17417.o2. IArd-May. ssI24s7o. Ribs
May. ss.s5
A new high record price for MAJ
wheat was nailed to the hagstaf or the
big longs in that option today. the best
figure being sl.l5k IL closed at Sl.l3A
1I14 split yesterday.
There was heavy selling early and
heavier covering before the day wore
away The bears went around show
ing Items of more or less Importance.
but these fell hat The July option
sold higher. too. and closed NC better
for the day.
Corn and oats were again higher on
the wet weather In the country. but
close The selling OF both cereals was
liberal on. the advance prices estao-
lshed.
Provisions were fairly active and
prices while narrow. were well sus-
tanned.