The Detroit times. [volume] (Detroit, Mich.) 1903-1920, 1910-09-23
Markets and Finance


DETROIT. Sept 22-Close: There
appears TO be two sides tn the wheat
market at present and both bull and
Sisw OF the Sen fu,Sre Those Who '" are
continually watching the stocks and
visible supply are bearish. They md
little or no export demand. big pre-
mtums on the future and a large move
ment TO primary markets. and all these
points are In favor OF declining prices
Bullishness Is found I'm the foreign sit
uation. Liverpool wheat prices are ad-
vancing because reports OF smaller
Russian exports In the near future.
and light movement from Argentina.
Shorts In the Liverpool market became
uneasy and did enough buying TO boost
prices The northwestern movement
Is larger than IL was "a week ago and
less than "A year ago Mills IN the east
are not taking Chicago wheat freely
enough TO satisfy the bears
Wheat was firm during the greater
part OF the day. The price gained nc
and dropped back &c. closing with a
gain OF NC for the day Corn and oats
We're unchanged Cloverseed declined
Wheat quotations.: Cash No. 2 red
and Sept. 81 ooh: Dec. opened with an
advance Of Nc at 3i,o4h. gained &C
snS s.en Sshss .os a May d SSsnsSd s
Nost sample. car at s7hc; No.
:. Coarse grain quotations: Corn. cash
Z,
No. 5 yellow. SIC asked; No. 4 yellow. /
at SIC asked; No. 3 white. sshc. Rye:
Cash Cas- No l. 5se; No 2, 7os Beans ans
yerseed: Prime spot. 50 IS; Dec. 81. 80;
March $s.35: sample. 20 bags at $40.
20 at 50; 81 at 1915. 10 at ss,2S prime
sisiSe. las; sample aisiks. is bags at
seed Prime spot. SO bags at s425
Receipts In the Detroit market on
Thursday included ass bbls OF -four. 3
9a RS OF corn Of wheat OF o", ,so and nd,
OF wheat and 1888 bu OF rye. Stocks
are 26s.360 bu OF wheat. l67.634 bu OF
corn. i6o.I0s bu OF oats and l2,27s bu
Wheat receipts Thursday: Minneap-
oils. 363 cars. against $50 a year ago;
Duluth: 22l cars. against $50 year
ago: Kansas City. 252 cars. against
20; St Louis. $4,000 bu. against 10000
Estimated wheat exports from Ar
gentina this week. 100000 blu; year
Wheat in Liverpool closed s0sd
Receipts Of wheat at primary points
were l.2s2.oo bu. against $4,000 bu a
year ago.
Wheat stocks at Minneapolis increas-
ed $4,000 bu In Ave days.
Exports OF wheat and -four Thurs
day. $4,000 Blu.
TOLEDO GRAIN AND PRODUCE.
TOLEDO. Ohio, Sept. 22-Wheat:
Cash and Sept, si0lA: Dec. sl04A
May. $l.09S Corn: Cash and Sept.
56iac: Dec, 53ac; May, 5sAc. Oats:
Cash and Sept. ssIsc: Dec, 37c; May
ss%c Rye; No. 2. Tshc; No. g. sshs c
Cloverseed: Cash. Oct and March
$3.50 Alsike: Prime. 1895. Oct. SO 80
Timothyseed: Prime and Oct. $435
Sept. $40. Butter. eggs and hay un-
changed
CHICAGO GRAIN OPENING.
CHICAGO. Sept. 22-Opening: All
options opened with a higher tone ex-
cept provisions Sept. wheat Ac, Dec.
nc and May sc higher Sept corn
Dec eand= May=As CHG heE-Sept=
oats unquoted at the opening, Dec. and
May sc higher. Provisions steady to
a shade lower
Noon: Sept wheat asc higher. Dec
anil May &c lower. Sept. corn Il low
er. Dec. same as the opening price.
May NC lower Sept. oats hc. Dec.
\. and May sc lower.
Close: Sept wheat Il higher. Dec.
and May lsc lower. Sept corn same
as the opening price. Dec. isc and May
i4c higher. Sept. oats same as the
opening price, Dec &c lower: May
same as the opening price. Provisions
sharply lower.