The Detroit times., 1911-10-31
MARKETS AND FINANCE
GRAIN AND PROVISIONS

DETROIT. oct. 3O.--NloSe --- lh'
poorer grades Of wheat are as'un .,,i.
iating la Winnipeg and declining wnlie
there is an advance In the good mill-
ing wheat Dealers say the interior
grain must ~ down until torelkheIs
buy "a. Liverpool was uh,h"n -
early. Heavier worlds experts than
expected were the bearish factor. while
htgper American and Argentine prices
were bullish
TNe -neHvy.-,-iStl,4.- SnpplN-tn this
countr, Is being used by the bears as
an argument Cor lower prices. the
total Is very large and is steadily IN.
crensing ana bears believe exports VIII
be necessary before prices can be shs-
tanned near the present level This -
not trourling the bulls much, TheI
insist that the country has not htld
back as much wheat as usual Ihe
W heat WaS- la the countrN other Years
and is in sight this wear maklns ~
look like a larger supply. They say
il will all be needed before another
harvest and Will work higher even
without any caamitN to the crop OF
Argentina,
last week aud seeding OF winter wheat
has been CompIcted. N1tn3Ugh tHte IN
many sections the new crop IL coming
en- well. and there is promise OF the
crop going under the snow in good
condition The primary movement Is
very large. Winnipeg had 1900 cars
last week and would have had more
had the roads been able TO furnish the
transportation. The big cash holders
are credited with replacing late last
week all the wheat sold at higher
prices, which is encouraging 10 the
bulls
Wheat worked quietly higher dur
ing the greater part ~ the session on
Monday and closed !. ~ isc higher for
the futures apd \. higher for cash
The coarse grains were steady and
cash oloverseed advanced &c.
ah NJ al
aSLc; Dec opened without change at
81 eet4 and advanced 10 s., o0A Ma
opened ut Sl.06 and advanced TO VI % y /,
July opened at 99&e advanced 10
Sl00t. and closed ~ 81 No white.
95hc, Coarse grsin quotations: Corn.
cash No 3. Zoe; No, yellow. &c, NO.
3 yellow. car at I6E Oats stan
dsro, cars at 49%c. No. white, " c.
RYE. Cash No 2 99c. Beans: Imme-
date and prompt shipment. sass No
vcmber. S2,32; December. s2.So, Clov-
ersetd Prime spot. 20 bags At SIC. 10:
! March Sl2.5 sample, 10 bags az Sll.,o,
~ at sll %; prime alslke, slo.e9. sam :
pie alsike. 3 bags az 81. Timothyseed !:
Prime spot 10 bags at SID Barley.
Best samples, s. so per cwt.
Receipts in the Detreit market Mon
day included l.245 bbls OF flour, ears
or wheat IL OF corn. OF oats and
OF rye Withdrawals were 1000 obs
OF ilour and 263s bu OF wheat. Stocks
are 5Ot.l6l bu OF wheat, l5O.2ls bu or
/ corn. 2S7. 1865 bu Of oats and 4sl7s bu
Of rye
Liverpool wheat closed at an ad-
vance OF "a sd.
Worlds wheat exports last week
werelO 7O4 600 bu. OF which Russia fur
nished 2.45O, 900 bu and the Danube
! $50. 900 bu
| Receipts OF wheat on Monday: MIN
neapolis, 745 cars. against $50 cars a
| year ago; Duluth, l5+ cars. against II
! Winnipeg. i.742 cars. against 1875. 81.
Louis. 10000 bu against $4,000 bu.
Wheat on passage Increased 2.l3o,OOO
! bu last week
/ Exports OF wheat and -four Monday,
! I 900. 900 bu.
Primary wheat receipts were LIS
oo0 bu. against l.3t5. 900 bu year ago.
| Wheat stocks at.Nfnneapolis increas-
ed 500. 900 bu for two days
TOLEDO GRAIN AND PRODICE.
1 TOLEDO Oct. 30.---Wheat Cash. 81
! Dec. sl.0lh MAY, 81 q July. 80 &c
Corn Cash, 1Alsc; Dec. 66lsc, May
ssac: July. re. oats Cash, ~ &C
paa- bo4 C. May l2lIc July. ALA &c
Rye Cash, sac Clpverseed: Cash
oct anC Dec. SASS: Mar, sl2.5Tls No
Ia si&i5. No z, s1l95; rejected, sl1 30
.Alsike; Prime, sioso; Dec. 5000 Mar
t11 10 Timothy. Prime. $40: Dec.
| hay: Unchanged
CHICAGO LiHAIN-Opening.
CHICAGO, Oct 31-Wheat: Dec
down &c. May down sc Corn Dec
and May down &c oats. Dec. and
May unchanged. Provisions slightly
lower.