The Detroit times., 1911-02-09
GRAIN AND PROVISIONS.

DETROIT. Feb. 9.--Close: Argentine
is proving disappointment to the
wheat trade. Exports from there are
much lighter than expected and offer
ings are not pressing on the market.
The tone is firm and demand for car
goes exceeds the supply. This makes
the Liverpool market firm. although
Russia has plenty of wheat and Is
liberal seller. European crops are com
ing on nicely
opening strength In liverpool. but
there was not much buying Of good
character and the feeling prevailed
!, cured under present conditions. The
cash demand Improved a little. Some
sales were made in Chicago 10 mill
ers and there Is a belief that Hour
| buying would become active n the
wheat market should show that the
! bottom has been reached. Bakers and
| -four dealers are all bears of the most
pronounced character and ara deter
while they think low point has not
been reached. This makes the trade
of a hand-to-mouth order and mills
are encouraged to buy.
The belief Is general that active
selling will be met on any advance Of
a cent or more. Some complaints still
come from the winter wheat belt
Although much moisture has fallen
recently, there are still some dry spots,
but there Is nothing in sight Just now
TO give promise Of an Improvement In
Wheat was quiet and firm on Thurs
day. closing with a gain OF tc. Corn
was steady and oats declined &c. Glow
ersted declined sc.
93%c; May opened with an advance
Of &c at s7%e. declined to s7hs and
declined 70 st1c; and advanced to csc;
Coarse grain quotations: Corn-Cash
No. 3. 46hc: No. 3 yellow, 41hc: No.
I yellow, ! car at 45&c, at 45lhc: No.
! white. car at i5hc; sample. Tear at
closing at 3s%c asked; No. . white,
S3hc. Rye-Cash No. 4, car at 81 u c;
No. ., sac. Beans-Cash, sf.97;: March.
s ss%ps bags sP0t ,ss ns M ao
$z75. 80 at $3.50, IL at s7.25, 15 at 81.
10 at $3.50; prime alsike, 1920; sample
alsike. 10 bags at $3.50. I at $3.50. Tim
Receipts in the Detroit market Thurs
day were 1890 bbls of -four. 81 cars OF
corn and of oats. Withdrawals were:
e3.0os bu OF wheat, 24:bss bu OF corn,
Stocks are 4es. e46 bu of wheat, 302,s2s
bu OF corn, 134.4s7 BIZ of oats. 3.312 bu
Of barley ard 32,9s2 bu OF rye.
Liverpool wheat closed h@hd
higher.
Stocks OF wheat in Minneapolis in
creased $4,000 blu a few days.
Receipts OF wheat on Thursday: Kan
bdS lily 90 CdTHt against Do war
ago: St Louis. So cars, against 81:
Duluth, 3 Scars. against az: Minne-
apolis, 131 cars. against go; Winnipeg.
SIS cars, against ia.
Estimated Argentine wheat exports
this week, s,240,e00 hr.
Wheat receipts at primary points
Thursday. $4,000 on; year ago. 500. 900
blu.
Exports Of wheat ana -four Thursday.
ia, 900 bu.
TOLEDO GRAIN AND PRODUCE.
TOLEDO. O., Feb. 9.-wheat: Cash.
94hc; May. s7kc; July, 96Ac. Corn:
| Cash, 47Ac; May. 81 &c; July. b5hc.
Oats: Cash, 33hc; May, 35hc; July.
s5hc. Rye: No. 2, s2c: No. 8. 7sc.
Cloverseed: Cash, Feb. and March,
$3.50; April. $40; Oct. 1855. Alsike:
Prime. $s.35: March, $40. Timothy:
Prime, S5.15. Butter. eggs and hay
unchanged
CHICAGO GRAIN OPENING.
CHICAGO. Feb. s.-Grain opening:
May and July wheat opened up hc
May and July corn opened up isc. May
oats opened up &c; July unchanged
Provisions opened slightly lower.
Noon-May wheat up &c. July mp
&c May and July corn was OF lsc
each May oats OF &c: July un-
changed. Provisions slightly higher.
Close: May wheat closed up &c;
July up sc. May corn closed up hc
July off sc. May oats closed unChang-
ed; July up &c. Provisions higher.