The Detroit times. [volume] (Detroit, Mich.) 1903-1920, 1910-12-14
GRAIN AND PROVISIONS.

DETROIT. Dec. i4-Close Business
i'm wheat is so slow that IL may be
called almost lifelesS, and this encour-
ages bears 10 believe a slump il near
at hand. y market cannot long remain
as dull as this one has been tor three
weeks anu flop in one direction or
tie other is believed 10 be AT hand
There are more bears than bulls IN
the market and they feel that they
have abundant reason for their belief
In lower prices
Careful observers see little chance
for bull market, although the bull
leaders may boost he market at any
time they discover an overSold spot
The milling situation Is discouraging-
~ duh anu wheat stocks in Minneapo-
lis, already very large, are steadily
increasing caboard messages say
Manitoba wheat * si2c out OF line
with bids from the other side, anu
there is no chance for American wheat
a that price Bears insist that II is
useless 10 try 10 advance prices while
trade is so dull and the movement -
large. but Chicago commission house
makes the point that Chicago prices
are too low ana that low grades at
Kansas CITY are selling above Chi
CaEo December while The best grades
are bringing a premium over May
IT is also pointed out that the low
the first part Of this month from which
there was steady advance OF Toe
There is not much selling pressure ana
nothing but constant support prevents
a decline
Some strong men are under the
wheat deal in Chicago and they are
holding II up The average bear -
afraid 70 20 against them. as the mar
ket drags and changes little. The De-
troit wheat market gained l7c We'd
nesday No. yellow corn lost 12c
ard oats iac Timothyseed il up &c
and the other grains and seeds are
unchanged
Wheat quotations: -aSn and Dec No
red 9shc asked: May opened with
ur 10 s1.0o1. July opened at s51ac and
advanced TO - a c. No. white 95ia c.
Coarse grain quotations: Corn-Cash
No. >. 53c, No. yellow, SOC. No. yell
oats--Standard. cars at &c clos
ing Ct 35c asked No. , white. 81 NC.
Ryc--Cash No I, s4lsC. No = s31sc.
Beans-Cash and Jan. s.. Cloverseed
Prime spot 80 bags at sslo: March,
s9.15; sample. 40 bags at sS.S9. 50 At
$50; l. at s., - at $3.50. 10 AT sI.25:
prime alsike. $40. sample alsike. q
bags n SS.T5. l. at $3.50, at $3.50.
Timothy seed-Prime spot. 20 bags at
s4i5
Receipts in the Detroit market on
Wednesday were 245 bbls Of -four Il
cars OF corn. of oats and l of rye.
Withdrawals were 13.524 bu OF corn.
Stocks are 4S0.2il bu of wheat. le4.S97
bu OF corn, 1915 bu Of oats and 49,
1853 bu OF rye
Liverpool wheat closed Nd higher
Receipts OF wheat on Wednesday:
Kansas City. 80 cars. against "a year
ago: ST Louis. $4,000 bu, against "a 900
bu: Winnipeg. 204 cars, against 1874 a
year ago Minneapolis. $4,000 cars,
against $50, Duluth. Il cars. against
IS
Exports OF wheat and flour Wednes-
day, $4,000 bu
Primary wheat receipts were TAG, 900
bu, against $4,000 bu year ago
TOLEDO GRAIN AND PRODUCE.
TOLEDO. bee. 1i-Wheat: Cash and
Dec. S6iac: May. s1.00A July. 954 C.
Corn: Cash and Dec, 4Sc. May. 4e44 C,
NY S TaT s7 Oats Ju Gass and R Pys
No .. sac: No. 3. soc. Cloverseed: Cash
and Dec. S9.27ia March. s9.25. April.
So: Feb, S92114 Oct, 81 So: Jan.
SO 27I5 Alsike. Prime and Dec SO 40