The Detroit times., 1910-10-04
GRAIN AND PROVISIONS.

dealers had no faith In the perma-
nency OF Saturdays Improvement In
taking OF profits rather than to any
new bullishness In the situation This
view was the correct one, as the mar
ket on Monday, after showing. some
The export situation II unchanged. and
appears no nearer q bullish solution
than ever. for Russia 10 still exporting
at an enormous rate. and % are other
Argentina will be In the market with
new crop before other producers
have finished marketing the old one
rn american s wheat - to get Gown 40 ao ,s
Chicago dealers are still talking a dol
lar for May. and II u said there will be
no active investment buying above that
price. The strength In Liverpool came
and Argentine wheat coupled with the
higher American prices OF Saturday
Northwestern wheat receipts show ar
increase compared with q week ago
and q decrease compared with q year
ago. The American visible supply hac
another heavy Increase. but there was
q big decrease on passage which &C.
counted for the closing strength tr
Liverpool
Detroit prices were higher at one
time. but closed with little change
Corn and oats were steady, and clover,
Wheat Quotations-Cash No. . red
s7kc: December opened with an ad.
vance OF Nc at sl.ooA. moved up, &c
opened at si.osN. touched ;iosx. and
declined to $l.o5: No. / white. s4hc.
Coarse grain quotations: Corn-Casf
No Ssi,o :; Sss e: No. yellow S4ho; No.
Oats-Standard. 8 cars at a5hc: No
s white. 35c asked. q
Rye-Cash No. /, 7sc bid: No 2. / cal
Beans-Cash, sa1S; November. s21o
Clovsrseed-Prime spot. 80; Dec.
is7s. 4SR $3.50. 50 at isss. II a,
bags at b. ss az T. sa at VIZ al''Ns'
Timothy sesd-Prime spot. IS bags
Receipts IN the Detroit market or
car Of whs II Of corn. and II of oats
Withdraw Pwere 1856 bu OF corn. and
232 bu Of oats Stocks are 2s4.s75 br
Of wheat, 2o2.ss3 bu Of corn, lss,ost
Worlds wheat exports last week
1+.5+4.000 bu; year ago. 13.792.000 bu
Russian exports last week were s.
Receipts of wheat Monday: ST
Louis. 1890 bu. against 10000 blu q
year sGo; kansa: City. $40 cars. against
3!s: Winnipeg, i.tl2 cars, against l..
Duluth. s42 cars. against l,4la.
Wheat. 1.725.0oQ increase; corn. 4s4..
600 bu incrsass!6ats. $4,000 blu In
Canadian wheat visible supply. D.,
TOO. 900 bu increase
Wheat In Liverpool closed BG1d
and ae ssTa Sf S MEEss; a. primary point,
Monday. if.oo Su; jar ago. a.sSs, oo'
Wheat on passage. s.4ss.ooo blu las
Exports of wheat and -four Monday
100000 blu.
TOLEDO; g. Oct, a..WheatCcash
Cash. 52heh Dec 81 &c, May. SAY
ssnc. Rye.N NO .. ssc: $40 No q. M 10y
Cloverseed-Cash and Oct, ,s.15: Dec.
ss12h; March. ssl5. Aisike-Prim,
f Prime Oct $40 6c pes S Bu T%o' esg.
and hay. unchanged.
CHICAGO GRAIN.
CHICAGO. Oct. 3-Opening: The
wheat market opened strong from u q
&C higher. Corn and oats showed
stronger. opening from u q NC higher
DECEMBER wheat s1Acs May. q. o. Corn
steady.
Noon-Grain futures declined frac.
tionally during the morning Wheat
Dec ge y" love- lower Nav s9c NANCE oats
Dec. y &C lower. May &C lower. Pro-
visions were fractionally lower.
Ciose--At the close. December wheat
had dropped a full point from the
opening May fell of n. Corn held
Arm during the day, closing at the
opening figure In both December and
May. December and May oats dropped
sc from the opening. Provisions
prices changed little. Substantial de-
creases In supplies and n widespread
belief that the short side OF the mar
ket was being overplayed. caused a
bulge In the market during the early
session but the tone was weak, and
the early gains and much more was
lost before the close.