The Detroit times. [volume] (Detroit, Mich.) 1903-1920, 1911-02-04
GRAIN AND PROVISIONS.

DETROIT Feb. 3.-Close: Liverpool
was about steady on Friday strength
wss expected there owing TO light Ar
gcntine exports and estimates or small
exports for the world this week hus-
sian conditions were buliish OWING 20
cold weather and heavy Ice delaying
exports Both winnipeg and Argentina
have been showing some strength. OUT
the easy tone in American markets
prevented an advance In Liverpool
The trouble with the Chicago mar
ket Is that commission houses are load
ed up with long wheat which they
feed out every time the market SHOWS
property OF belated longs who did not
get out at the high price and are Well
ing 10 accept almost anything now.
This discouragcs the bulls and pre-
bulge i'm prices Cash wheat remains
dull and there Is not sufficient I'M
provement In the milling situation 70
make matters better Flour buyers are
holding of and expecting still lower
quotations Stocks OF wheat In the
northwest are very large and still IN
creasing and the southwest reports a
slow demand for cash stun. The stock
OF wheat in Chicago 4. not being dis
tributed at anything like the expected
rate.
The moistureiess condition OF much
of the uthwestern wheat acreage 's
kept continually before the people. but
this has been known so long that IL Ii
difficult TO create any more excitement
with IL. The weather at present is not
hurting winter wheat. but lower tenn
peraturos are expected and injury may
result.
wheat in the Detroit market ruled
weak most Of the time on Friday and
closed a. lower for cash, sc lower for
May and u lower for July. Oats were
unchanged Glover and timothyseed
were active and firm.
wheat, siHc: May opened without
change at ssssc. declined TO $3.50. ad-
yanced to Gee and closed at $50 C; July
opened at s5bc, declined 70 s4%e and
advanced TO 95Lc G; No. 1 white, s31sc.
Coarse grain quotations: Corn. cash
No. 3, 47c; No. yellow. cars at 4sc;
No. yellow. cars at 4sme oats:
standard. sac; No 2 white SshGa rye:
cash. yisf; March. s2.02 Cloverseed:
Prime spot and March. ss.so; sample.
40 bags at ss.e5. is at IS. II at 81. 20.
$40: sample aisike. bags at $3.50. Il
at $3.50. Tlmothyseed Prime spot.
| 40 bags at s475
Receipts In the Detroit market FRI
day Included 200 bbis OF flour. cars
OF corn. OF oats and OF rye. With
drawals were roo bbls OF hour.s s.4s1
] bu OF wheat and 1a5se bu OF corn
bu OF corn. is74ss hu OF oats, s.3i2 %
OF barley and s1,ol5 bu OF rye.
Exports OF wheat from India this
week. $4,000 bu; from Argentina. g.
/ tOs.VOc on.
The new wheat crop OF Argentina Is
| OF satisfactory quality.
Liverpool wheat closed a. q Nd low
err
Wheat stocks Mt Minneapolis increas-
| ed $50. 900 bu this week
Receipts OF wheat Friday; Duluth.
| 53 cars against 40 a year ago: Minne-
0polis 2O2 cars. against 250: 81. Louis.
| Pc 600 bu. agains, $4,000 hu: Kansas
| CITY. 81 cars, against ~: Winnipeg. IL
cars. against IS
Exports OF wheat and -four Friday.
1 2sO 600 bu
Primary wheat receipts were $4,000
bu against coo 0n0 hu wear ago.
TOLEDO GRAIN AND PRODUCE.
TOLEDO. o.. Feb. 3.-Wheat: Cash.
! Sic: MAY. 9sl. &C: July. sb+ Corn:
! Cash. isc; May, 52Lc; July. % sc.
oats: Cash. S4hc; May. sec: July.
25v.c Rye: Rye. No. 2, s5c: No. 3.
| soc CIoverseed: Cash, Feb. and
March. sss2h: April. ss.55; oct. 81
1 AIsike. Prime, $3.50: March. go
| 'rimothysced Prime. $40. Butter,
eggs and hay unchanged.
| CHICAGO GRAIN OPENING.
l. CHICAGO. Feb. 3.-4Grain opening:
| Ma wheat &c higher. July &c lower.
/ May corn unchanged. July &c down.
May oats unchanged; July &c down.
!, Provisions were fractionaliy higher.
4 Noon: May wheat dowr Ac. July
declined &c. May and July corn ad-