The Detroit times., 1910-12-29
GRAIN AND PROVISIONS.

! DETROIT, Dec 2g--Close Bears
are greatly disappointed over the fail
breaking OF the southwestern drought
| The strength probably is due TO higher
Liverpool prices and these may be due
To manipulation on TN epart OF the
Chicago bull leaders. Crop prospects
III Europe are not brilliant just now
and supplies there have been decreas
ing recently, helping the tone OF hrm-
ness.
1t continues TO be a lighting mar
ket with wheat in the neignbornood OF
96c in Chicago July on Wednesday
Improvement. but the bearishness OF
this Is partly balanced by smaller Ar
gentine estimates. There is feeling
In the trade that the market should
have holiday slump and get out OF
the rut, but the bull leaders have
something 10 say about this and they
are holding very tight grip on the
market. making IL dangerous for the
bears 10 sail in and sell prices down.
The news is bearish enough. but the
bulls are very powerful. IL viii prob
buying side viii get much help from
the milling demand. and the trade re-
mains much mixed. with some good
arguments on both sides Many are
waiting for bargain day In wheat.
but IL shows no sign OF coming
Wheat was strong and quiet today
Prices gained &C and the close was
at top figures Corn and oats were
unchanged and cloverseed declined Ice
Wheat quotations: Cash and Dec
No. red. soc; May opened with an ad-
70 si.0I: July opened at s5Ae and ad-
vanced to 96l. No. i white, csc.
:, Coarse grain quotations Corn. cash
No No 3, iSlse; No: yellow ears at
at l5c: sample. cars at 4sisc; No.
white, i car at 40 Lsc; No. white, !
car at iic. Oats: Standard, cars az
Sac; No 3 white, / car at 1sc. Rye:
Cash No. !. s5 l4c: No. g s4l4c Beans:
Cash and Jan. s2o2 Cloverseed
Prime spot; 100 bags at So: March.
ss.s5. rs at s775. 40 a! $3.50. IL At
1928, at $3.50; prime alsike. So; sam
pie alsike, bags at 1915. at $3.50.
Timothyseed: Prime spot, 4.50 nom
inal
Receipts in the Detroit market on
Thursday included l,447 bbls of flour.
. cars OF wheat, ls OF corn. : Of oats
bbls of iour, $4,000 bu of wheat and
1854 bu OF corn. Stocks are 497.67l
bu of wheat. 25s.250 bu OF corn. 1871
l2e blu Of oats. l.o65 bu OF barley and
Liverpool wheat closed = old high
Receipts OF wheat Thursday: ST
Louis. $1,000 bu. against $4,000 bu a
Year ago; Kansas City. 46 ears, against
81: Winnipeg, l2s cars. against lls:
Minneapolis, 10 cars. against 3sl; Du-
luth, 81 crs. against so.
Estimated wheat exports from Ar
gentina this week. 1850. 900 bu.
Primary wheat receipts We're AL
900 bu. against $4,000 bu year ago.
Exports of wheat and -four were
equal TO 10000 bu.
TOLEDO GRAIN AND PRODUCE.
TOLEDO, O., Dec. 29-Wheat Cash
and Dec. 97Ac; May. $1,000; July.
SO nc Corn: Cash and Dec, 49, e:
May so -e July. 81 &c. Oats: Cash
and Dec. "a. nc; May 37Ac; July, 361ac.
Rye: No. =. sac: No 3. soc. Cloverseed
Cash. Dec. and March. 1906, April
IS so; Feb. 1905; oct. $3.50; Jan.
$9.05. Alsike: Prime and Dec, SO 20. /
Timothy: Prime and Dec. s4.65. But |
ter. eggs and hay unchanged.
CHICAGO GRAIN OPENING.
CHICAGO, Dec. 29.-Grain opening: !
Dec. and May wheat opened "A C higher. !
Dec. and May corn up &c. Dec. oats (
May up sc. Provisions !
opened fractionally lower.
Noon: Dec wheat unchanged: May !
up sc Dec. corn, unchanged; May /
up Ac. Dec oats up i4c: May &c /
higher.
Close: Dec. wheat gained &C in the /
days trading; May up sc. Dee. corn
advanced sc; May up nc. Dec. and \
May oats Il c higher. Provisions show
ed fractional advances.