The Detroit times., 1910-12-28
GRAIN AND PROVISIONS.

DETROIT. Dec l7-Close: Worlds
wheat exports We're larger than ex-
pected for the week. but not large
enough to prevent a decrease on pass
age Rain Is predicted in Argentina
ana markets there are unchanged IN
dia reports decrease In acreage The
were inclined 10 work lower, but trade
was DUH all day here and elsewhere.
old conditions govern.
Last week short sellers were dls-
couraged because they had failed 10
force the break expected but before
the end OF the week bears who had
switched TO the bull slde were dis
couraged by their failure to secure an
advance They thought higher prices
should have resulted from decreased
primary movement. the continued dry
weather IN the southwest and heavy
bun holdings. The market Is pleasing
neither it's friends nor Its enemies.
The movement OF wheat In the south
west viii have a great deal To do win
making prices for the next two weeks.
\ better milling demand is expected
early next year and there is hopeful
feeling on the buying side, but 1t -
admitted that aggressive buying VIII
be needed 10 put prices higher
The world ) wheat situation as a
whole Is bearish. and the bears still
insist that prices here must go to an
export level Bulls in Chicago are be-
lieved To be long 20,000.00O bu OF May
wheat
Detroit market for wheat mad
quiet time on Tuesday and slumped
4 y Corn, oats and rye were unchang-
Z ed ClOyerseed and tmothyseed were
lirm.
vi eat quotations Cash and Dec
No , red. 95c. May opened without
change at $l.O0is and declined 10 81;
July opened at 96c and edcIined 10
/ Coarse grain quotations; Corn. cash
! No. ?, 53c, No. yellow. DOC, No
asked oats standard. 35c asked !;
No white 34iac Rye Cash No /,
So i2c, No ,, s4lac. Beans. Cash and
Jan. s. Cloverseed Prime spot,
81 10 March. Syl5 sample. IL bags at
( 1915. 40 at $3.50, 80 AT IS. 20 AT 81 20,
80 at s. 80. IL at 81, prime alsike.
10. sample alsike. IL bags at 1915. y
s. q 50 20 Timothy seed Prime spot
Primary wheat receipts were 1.172.-
600 bu. against l.O1S.00O bu year
lago
Receipts Of wheat Tuesday: st
Louis. 5000 bu, against 2l2.O00 bu a.
year ago. Kansas city. l6i cars.
against 81. Winnipee. 500 cars. against
621 Minneapolis. ga cars against 2y6
Duluth. - cars. against l4O
Worlds. wheat exports last week,
ll,7y7,0OO bu
Wheat on passage. l056 700 bu de-
Ofhcial wheat acreage In the Pun
jauh. 1.y3S,OOO bu, or , per cent less
than last year, Native states Of India
Acreage y7l 600 bu. against l,0S6000
acres last year.
Exports OF wheat and flour Tuesday.
$4,000 bu.
Increases in the American visible
supply last week Wheat. $4,000 bu.
corn. 100000 bu. oats. $4,000 bu.
TOLEDO GRAIN AND PRODUCE.
TOLEDO. ., Dec 27-Wheat Cash
and Dee. s6c. May. 9gss July. g5I.c
Corn. Cash and Dee. 4siac May
80 &c, July. 51i.c oats Cash and
Dee, 35c May. SIZE. July. 36lsc. RYE:
No. 2. s3c; No 3 soc Cloverseed: Cash
Dec. and March sg25 ApriI, $500
Feb. 81 IS oct. 50 SO Jan 50 Is AL
sike. Prime and Dec 1925 Tfmothy.
Prime ana Dec. Sass Butter. eggs
and hay Unchanged
CHICAGO GRAIN OPENING.
CHICAGO. Dec 27-tirain opening:
Dec ana May wheat opened up &c
Dec corn W. t,c Nav on sc Dec
and May oats unchanged Provisions
were fractionally higher
Soon Dec wheat dropped sc dur