The Detroit times. [volume] (Detroit, Mich.) 1903-1920, 1910-12-06
GRAIN AND PROVISIONS.

DE /. ltt. b.--1lOSt PldiiSti-
clan Snow reports the winter wheat
acreage at 100000 acres, or an in
crease OF per cent3oVer that or iast
yer, which means a record crop IN
case conditions are favorable. The
southwestern winter wheat fields have
received the moisture they were in
lack Of and the crop is likely to come
along nicely In the spring. This news
had u bearish influence on July prices
and was rather discourasing to the
, wheat bulls. At the same time casa
wheat is NOT in much demand and
mills complain of dull Hour trade.
Liverpool was easier on Tuesday and
appeared to have recovered from the
scare resulting from the decrease IN
Russian exports last week.
Chicago dealers complain that rec
ogniZed bull leaders are preventing
natural conditions from making prices.
\ more friendly feeling has been ere
, dealers have ia ken To the bull side
on the theory that bearish conditions
have been discounted. but the crop
outlook is becoming more Dearlsh.
Cash prices are we'll over the futures
in nearly all markets. HE bears Take
the position that "a bull movement is
/ surplus from the last crop and no
chance Ia sell Ii. Argentine news is
looking both ways. but recent reports
say harvest in the north is excellent
and offerings are more free. Stalls
tician Snow makes the condition or
winter wheat SIS. which the bulls
consider to be greatly in their favor.
There is a general feeling that wheat
is on lighting ground and that money
is 10 be made in scalptng. The worst
feature from "A bullish standpoint is
that holders sell the moment they nave
u small profit. and that prevents an
advance. Liverpool closed al decline.
although Europea nwheat stocks de-
creased
in Chicago and others are trying 10
give him a squeeze. The market on
Tuesday was firm and early advanced
&c Later May and July lost "a OF
the advance ana the close was quiet.
Coarse grains and seeds were un-
changed
Wheat quotations: Cash No. 9 red,
96a. c: Dec. opened without change AT
96L c and advanced &c; May opened
at $l0OIa. advanced to s101 and clos
ed at 81 00a. July opened az s6Ac,
advanced to 9s%c. and declined to
96lac; No. 1 white. 95%c
Coarse grain quotations: Corn. cash
No. >. sac; No. . yellow. SIC, No. yell
low Soc; new No. . Yellow soc. oats;
rs isc: No. white, ] car at sac, Rye:
lash No l. S3iac No. >, S3c. Beans:
cash. Sos Dec. sos. Cloverseed:
Prime spot and Dec 80 March; 500
AZ SIS. 40 at $50, at s7.25, ! at
81: prime alsike. 81. sample alsike, Is
bags at S7.75. Timothyseed: Prime
spot. nominal at S440
Receipts In the Detroit market Tues
day Included 1.s45 bbis OF -four. . cars
OF wheat OF corn, OF oats and OF
rye. Withdrawals were 100 bbls OF
nour. Stocks are 3l9.176 bu OF wheat.
49,; 80 bu OF corn. 1915 Blu OF oats
and 1860 bu OF rye
Primary wheat receipts were $4,000
bu. against $4,000 bu "A year ago.
$4,000 bu
Liverpool wheat closed ta1i.d low
( Receipts Of wheat Tuesday: Duluth.
1 lSh ears, against i6 ears "A year ago:
/ Minneapolis % Scars. against l66. 81
, Louis 4G 600 bu. against $4,000 I'm.
! Kansas city, - cars. against 81. Win
nipog. 239 cars against lGa.
Norld's wheat visible supply. A,6i7,-
000 hu decrease.
MINNEAPOLIS wheat stocks increased
I $50 600 hu ia three days
European Visible supply Of wheat .
/ 34S,000 hu decrease.
TOLEDO GRAIN AND PRODUCE.
TOLEDO. -. Dec. 6.--Whcat. cash
and pcc. SG7st; May. sl.C05Sc; July
9CtSc Corn cash. 4yl.c: Dec. isIsc
{ May. 5osec; July. 81 iac Oats; cash
ana De-, $6lsc' May. 81 &c July. Esq.,
Cash. Dee. and March. sH20. April
I $3.50. Alsiks. Prime and Dec. $40
IYmotky: Prime and Dec. StGO But.
I ter. eggs and hay unchanged.
CHICAGO GRAIN OPENING.
CHICAGO, Dec. 6--Crair opening
All grains were Off ~ the opening
Dec. wheat Sc lower. May of 80
! Dec. ana May corn lost &c. Dec. oats
/ of - May t-c lower. Provisions
! showed fractional losses
/ Nooh--Dcc. wheat adVenced Asc dur,
\ ing the morning, MAY up &c Dec
corn fell sc; May of sc Dee. oats Il,
! lower. Nav off re.
I Close--Wheat jumped in the market
! today, Dec. gaining 1ac. May up sc
+ Dec corn lost &c; May Off Nc. Dec
oats OF &c; May off lac. Provisions
/ showed fractional declines throughout
the list.
Wheat
nac gIN ~ ola qg9