The Detroit times., 1910-12-12
GRAIN AND PROVISIONS.

DETROIT. Dec. 10.-Clcse: Wheat
appears doomed TO 20 lower before
there can be any improvement ~, - -
is the general opinion that big deaie.
in Chicago are strong enough 10 give
the market an upturn at any time no
matter how bearish the news is SOME
Chicago dealers are believed 10 pe
holders of u great deal OF wheat, max /
ing IL dangerous To sell short. Liver
pool is easy and lower.
Bears say the market lis shaping IT
self for a break. as prices have ruled
about the present level for several
weeks and attempts to bring about
an advance have failed. On every
bulge tnere Is enough selling TO check
the upturn and longs are always siad
TO get out with a small profit. Buy
ing orders are few and bears are far
in the majority. This has been the
case ever since the government report
came out. all the time holders OF wheat
unloading as best they could. The load
OF wheat now in sight is heavy and In
creases In the visible supply do not
appear to have ended yet
The fo-eign situation ~ bearlsh al
every turn Argentina II harvesting
fine crop and Offering the wheat free
ly to Europe. Stocks in Europe are
very large. enough for several months
and other exporters are still Offering
wheat at low prices The American
market Is far out of line for export
business, at present.
Wheat was dull on Saturday and clos
ed at loss OF y Beans lost PC, and
the other grains were steady.
Wheat quotations-Cash No. red
s5ih December opened without change
at 96c. and declined 10 o5h May open
ed AT S9A. and declined 70 ysA July
opened at s51sc. and declined to 95c
No. ] white. e4hc.
Coarse grain quotations. Corn--Cash
No. 2. 5Sc No. yellow. SIC, No yell
low. soc. new No. yellow. car al
49lsc. Osts-Standard, cars at soc
No. white. 35hc. Rye-Cash No. Z
sac; No, 2. car at Sac. Beans-cash
spot end December. So; March, $685.
sample, - bags at $3.50. 10 at IS. i5
at s7.I5, 10 at $3.50, 10 at So prime
alsIke -: sample alsike. 10 bags al
seed-Prime spot. s4.40 nominal.
Receipts in the Detroit market. Sat
urday. included e35 obls. OF -four.
car OF wheat ! OF corn. or oats and
OF corn. Stocks are 43o.24l bu OF wheat
l9719+ bud OF com, 1915 bu OF oats
and 1923 Blu OF rye.
Primary wheat receipts were 633 600
bu, againsC 3O4 900 bu a year ago
Wheat stocks In Minneapolis increas-
Ell $4,000 on for the week.
Receipts OF wheat Saturday-Kan-
sac city. 81 cars, against % year
ago; st. Louis. $4,000 bu. against TO-
0Ue bu: Mime apolis, $50 cars against
los Duluth. 20 cars. against. 40: Win
nipeg, liz cars. against 1862
Exports of wheat and -four Satur-
day. 322,oo hu.
TOLEDO GRAIN AND PRODUCE.
TOLEDO, o.. Dec. 10-Wheat: Cash
and Dec. 95 1ac: May, 9s@sc: July, csc.
Corn Cash. 49c: Dec. 4shc: May.
4s%c; July. 5oSc Oats: Cash and
Dec. 35[c: May 37Ac; July. 36%c.
Rye: No 2, s3c: No. 3. soc Clover
seed: Cash, Dec: and March, Ss171a
April, $S92M; Feb, 1920 Alsike:
Prime and Dec. $50 Timothy: Prime
and Dec. $460 Butter. eggs and hay
unchanged.
CHICAGO GRAIN OPENING.
CHICAGO. Dec 10.-Dec wheat was
off sc at the opening. May unchang-
ed Dec. and May corn up bc; Dec.
oats unchanged; May up &c. Provis-
ions ruled fractionally higher.
Close: Dec. wheat was OF Ac at the
close. May sc lower. Dec. and May
corn unchanged. Dec. and May oats
unchanged Provisions were fraction
ally higher.