The Detroit times. [volume] (Detroit, Mich.) 1903-1920, 1909-02-12
GRAIN AND PROVISIONS.

DETROIT. Feb ll-Close. Wheat
has had another day OF strength. with
out much change In the outlook eN-
cepting an announcement that the bull
clique In Chicago is not obstructing
the advance as much as they did
few days ago. The high. prices are not
bringing wheat 10 market, as shown
by the primary movement which Is
much smaller than that or 4 year ago.
A still further decrease Is expected IN
the northwest. and Minneapolis millS
are extensive buyers OF wheat In chi
cago and elsewhere. Patten Is said TO
have bought more than he sold on
Wednesday. Liverpool is strong and
higher and IL is difficult 10 see any
thing bearlsh In the market, Buying
Is rather slow as the advance has been
so great that spectators are afraid
about getting in al this late day. The
Detroit market was strong, with casn
and May pulling away from July and
September. Trading was not active.
All markets report scarcity OF pub-(
lie speculation.
wheat auotations-Cash No. . red.
s114h; May opened with an advance
OF &c at $l.14. advanced TO $l14ie, de-
clined 10 S114L. and closed AT si.14 =
July opened at sl.oSia. and closed at
$1.03A: September opened at 99a c.
and remained unchanged: No red
S111lS: No. 1 white. s1.13E.
Coarse grain quotations: Corn-C'ash
No. 3. 64c; No. yellow, ? cars AZ G5c
Rye-Cash No .. 79c
Bcans-Cash. $3.50; May. s236. both
Glover seed-Prime spot. 60 bags at
$3.50: March. 400 bags ~ $3.50; sample
20 bags at $3.50 So at s5.25. Is al $40
a. a. + +. 80 sample al'ife' 8 bags at S.
Timothy seed--Prime spot. 50 bags
at $40.
Rariey-Best sample. 81 30 per cwt
Receipts IN tine Detroit market on
Thursday. included coo bbls OF -four. .
cars OF corn; and Of oats withdraw.
wheat. and 1890 bu or rye Stocks are
347Te6 bu OF wheat. 263.420 bu OF corn.
$4,000 bu OF oats. and 3l.241 bu or rye.
Australian wheat exports this week
100000 hu. estimated, about the same
as n week ago
Estimated Argentine wheat exports
this week, $4,000 bu.
Primary wheat receipts were 275.000
bu. against 10000 bu year ago.
Atlantic ports cleared wheat and -four
equal TO 10000 blu.
Liverpool wheat closed y a I'D. and
corn "a n Ssd higher
Minneapolis received 10. and Duluth
IL cars OF wheat. a. total OF l21. COM
pared with 400 cars for two DAYS a
year ago.
st. Louis received 80 600 bu OF wheat
against 10000 bu a year ago
Weeks wheat exports. according to
Bradstreets'. 100000 bu
All grain markets Will be closed on
Friday.
CHICAGO GRAIN.
had some strong foreign news 10 con-
slider this morning. Not only is there
an estimate OF much smaller Argentine
shipments for the week, but IL is again
claimed that the crop OF that country
has been over-estimated. Nothing else
can reasonably explain the firm ana
higher Offering % Ia fIata wheat. Lo-
cal shipping sales OF wheat yesterday
were 100000 bushels and bull leaders
added TO their lines.
Opening: wheat-May. $1l2q1I2h.
Corn-May. 641a to 64Ie a641sc. Oats
May. SO " "a SO sc. Pork-May, $685..
I.ard-May, 1895. Ribs-May. $50 =
Ss7
Wheat tackled on new high record
for the Patten bull campaign when
May reached Sl.13, and July was up to
$l.O1 "a ia sympathy. These prices COM
pared with closirgs yesterday OF S1.1Ia4
and Sl00 y lpl.0OAs, respectively. Corn
closed = n sc lower, oats were off y
@Ac TO unchanged, and provisions
were I'D a shade.
Closing prices: Wheat May. S113
asked. Corn--May, 64asc asked oats
May, 6S Is abs &c: Pork-May. $685.
bid. Lard-May, s9.70 asked. Ribs
May, $500 bid.