The Detroit times., 1911-01-16
GRAIN AND PROVISIONS.

DETROIT Jan. 14.-Close-Wheat In
the Detroit market gained about cent
during the week and towards the end 1t
looked like pretty hard work holding
up values. IL takes continuous buying
to sustain top prices and the bull clique
in Chicago have added largely to their
holdings In securing the present up
turn. Bears believe the limit has been
reached and are growing holder in their
attacks. but the bulls show plenty Oh
fight.
on Friday the bull interests were easily
in control OF the wheat market. On FRI
day morning the leaders did not give
the market their support and the prom
Use OF southwestern moisture helped 10
put prices OF little. but when sup
port developed the advance came with
no trouble. The bulls were assisted oy
a good cash market The bulls say
In the near future and as long as theS
hold their lines there IL little chance
for a slump. They have taken the sur
plus wheat or the market and are able
TO send prices sharply upward every
time they ind the market In an over
sold condition.
Some dealers who study history think
the present is good time to sell whea,.
for IL has been profitable TO do so for
a number of years. but the bulls say
these spectators will find themselves
up against a new game IL they Try IL
this season. Many OF the bulls believe
the government has largely overesti-
mated the wheat crop.
Wheat was dull and easy on Satur-
day. and closed at los OF he. the
corn and oats markets were STEADY ana
cloverseed was unchanged
Wheat quotations.: Cash--No. red,
eShc; May opened with los OF NC at
s1O3Is and declined TO S1.O3h; July
opened at eSAc and declined to 9s1sc;
No 4 white, 9Ihc.
Coarse grain quotations; Corn-cash.
No. 3. 4sc: No. 8, yellow, cars at 4sc,
car at 47c; at aye; No. .. white. |
car at 45Lc; No. 4. white. ! car at
45hc; sample yellow. car at 45c.
Ooats---standard. car at s5isc; No. 3.
white, 35c.
Rye-Cash, No. /, s4kc; No. 2, sage.
Beans-Cash, s2.o5: March, s2.io.
Cloveraeed-Prime spot, SO: March.
1906! sample. 20 bags at $50; IS a at SIS:
aisike, 1910; sample alsike, bags at
''; Timothy seed-Pr!me spot. nominal
Receipts in the Detroit market Sat.
urday were 20s bbls OF -four. cars OF
wheat, s OF corn, 4 of oats. OF barley
and OF rye. Withdrawals were l.2sG
bbis OF -four, lol2z bu OF eo of os ana n'VOS s
wheat. 321,521 bu OF corn. 1892 bu of
oats, s.312 bu of barley and $3.50 bu
of rye.
Receipts of wheat on Saturday--St.
Louis, $4,000 bu, against $4,000 blu n
year ago; Kansas City, 80 cars, against
1O5. Minneapolis. EOS cars. against 3O2;
Duluth, 81 cars, against 81; Winnipeg.
20 cars, against Ill.
Primary wheat receipts Saturday
412O0O bu; year ago. $4,000 blu.
Exports OF wheat and -four Saturday,
255,000 bu.
TOLEDO.
TOLEDO, o., Jan. 14.-Wheat-Cash,
9s4c; May, sio3h; July. 9shc. Corn
Cash, 4shc; May, 5l%c; July. 52Ac
Oats-Cash, 35c; May, 37hc; July, s7h
Rye--No. 2, s3c; No. /, sic. Cloverseed
Cash and March, 1906; April, $50;
Feb, s9.O2h: Oct, $40: Jan, se02 u.
IAlsike-Prime. 50. 30; March, $40. Tim.
othy-Prime, $t.65. Butter, eggs and
hay, unchanged.
CHICAGO GRAIN.
CHICAGO. Jan. 14-Opening: May
wheat down &C. July down hc. May
and July corn declined &c. May oats
unchanged, July &c lower Provisions
steady to fractionally lower
Close--May and July wheat hc low
| err May corn hc lower. July corn
down %c May oats down sc, July
oats &c lower. Provisions fraction
4