The Detroit times., 1911-09-12
GRAIN AM .lsovIsIoNs.

DETROIT. Sept l2--close: Wheat
was steady In this market at the Open
ing on Tuesday. and some dealers we're
expecting an advance In the Say OF
| q reaction from the recent weakness
Trading Is very slow and the public
appears TO have forgotten all about
1 specializing In wheat. Liverpool was
easy and there was nothing oullisn IN
\ the outlook.
The early Liverpool weakness was
based on the American decline OF Mon
day, but later large arrivals Of wheat
/ at Russian ports had depressing III
| fuence There was also weaker mar
ket In Berlin and crop reports from
Argentina were favorable enough TO
help the decline There was general
selling out OF long holdings on Mon.
day and this was considered natural
I'm the absence OF fresh bullish news.
IL takes something new every day to
keep prices up, and even then there
Is frequently a decline Holders We're
discouraged by larger northwestern
receipts and hedging sales.
An oversold market Ii about the only
condition the bears are now afraid Of
and even at that the advance, II Is
believed. will be only temporary. The
heavy supply OF wheat In Chicago and
lack OF demand for IL Is the leading
bearish influence
Wheat was dull all day. II dropped
hc and recovered. closing unchanged
from Mondays close.
The coarse grains were dull and
cloverseed lost csc.
Wheat quotations: Cash No. red.
e0+c: Dec. opened without change at
s7kc, declined TO ss%c and advanced
and advanced 20 tl.O2: No. j white,
e7ac Coarse grain quotations: Corn.
cash No. 3, CSC; No. yellow, car at
ss,he; No. 3 yellow: cars a, sSe' , 1ats;
closing asked; No, 3 white. 45c. Rye;
Cash No. 2. see Beans: Immediate,
prompt, Sept. and Dec, s205.; Nov. and
Dec, 81 Cloyerseed: Prime spot. Oct
as at ,ii5O. is at sl1.e5, . at 1850. 8
at $40: prime alsike, 8 bags az SO. IL
at $3.50 8 at ss7S. Timothyseed:
Prime spot, 125 bags at z.
day included I,ssT bills. OF -four. cars
of wheat 3 OF corn and OF oats.
Withdrawals were 500 bbls. OF -four,
40.7o5 bu of wheat and 5.222 bu OF
22i. s2t bu OF corn. 2soss2 bu OF oats
and 336s6 bu OF rye.
Primary wheat receipts were 1.343.-
900 bu. against $4,000 bu year ago.
The worlds visible supply OF wheat
Increased 1.2ss.ooo bu last week.
against decrease OF 10000 bu a week
ego and decrease OF s.2s1.ooo bu
year ago.
Liverpool wheat closed &@xd lower
and corn unchanged to I'd lower
creased 100, 900 bu In three days
Receipts OF wheat Tuesday: Minne-
apolis. ITO cars, against 3l4 cars a year
ago: Duluth. b7s cars, against ESQ:
SIC cars. against 156: Sc. |
Louis, 231. 900 bu. against 1900 bu:
City. I31 cars. against 143.
Exports or wheat and -four Tuesday,
10000 blu.
TOLEDO GRAIN AND PRODUCE.
TOLEDO Sept. I2-wheat: Cash |
and Sept, 96A c; Dec. Csc; May, t163&s.
Corn; Cash and Sept. este, Dec,
S4&c; May, 61bc. Oats: Cash and
sept. tshc; Dee. ;tshe; May. 5ohc.
.sed; Cash. oct Dec and Mar. :lg:S;
Ili.2o Alsike: Prime, sloss; Dec.
I7.io; Sept. ,7.o7; Dec. sIo5: March. |
IL. Butter: Creamery, 2Thc; dairy, |
&c. Eggs: Fancy fresh, 24c: candled. |
l3c; current receipts. 2lc. Hay: Tn
CHICAGO GRAIN OPENING.
CHICAGO, Sept 12-wheat: Sept
up nc; Dec. unchanged. Corn: Sept
Dec down NC. Oats: sept. |
md Dec unchanged Provisions;
Noon-wheat: Sept. down Nc: Dec.
Town &c. Corn: Sept. down lie: Dec. |
~ &c. Oats: Sept up NC; Dec up
cIose--wheat: Sept. unchanged: Dec.
III &c. Corn: Sept. up &c; Dec. up /
&c. Oats: Sept up sc; Dec up &c.
PROVISIONS: About steady