The Detroit times. [volume] (Detroit, Mich.) 1903-1920, 1911-01-21
GRAIN AND PROVISIONS.

DETROIT. Jan. 2O-Close: Bears ~
wheat are wondering why the LIVER
POOL market is so strong. They believe
the Chicago bull interests as giving the
foreign market support In order 10
profit by the effect I'm the American
price. Foreign news Is all bearisn'
Russia Is Offering wheat freely and SO
is Australia. while Argentine exports
show a large increase. indicating that
the new crop Is moving. european
crop prospects are favorable.
The strength in Liverpool was partly
accounted for by an estimate OF only
s. 400. 900 bu for the weeks exports, al
mated quite high. The wheat situation
at home IL unchanged and the move
ment In prices from day TO day ~ cred
tied to the action or inaction OF the big
bull interests When they act prices
go up: when they do nothing there Is
decline Observers In Chicago on
Thursday failed to detect any activity
on the part OF the bull leaders, ana
they did not appear 10 be doing much
on Friday. but there is a large bull
following and great deal OF wheat III
taken by those not directly connecten
with the clique These appeared 10 %, Dc
oversold spots and catch the bears
every time the latter get little too
gay on the selling side.
There is no special, change In condi-
tons The southwestern winter wheat
crop is still In grave danger, but TINS
il not helped out by good milling de-
mand. Buying OF -four IL on disap-
poinungly small scale.
but broke a cent from the top, closing
nc lower than Thursdays close. Corn
lost &c and there was asteady tone
In the other coarse grains and seeds.
Wheat quotations: Cash No. red.
9s1. g: May opened at $1.03h, advanced
10 s1oI and declined to s1.os: July
opened at CSC. touched ssAc, and de-
Coarse grain quotations: Corn. cash
No 3, 47Ac: No. yellow, cars at
4sc, at 4ss.c; No. yellow. cars at
47iAc Oats: Standard, cars at 35c:
No white. / car at 4lsc. Rye: Cash
s2o5: March. s210. cfoverseed: Prime
spot, 100 bags bags "a at "a March NJ nt at
.7i5, 10 at $3.50. IL at, 81; prime al.
sike, $40: sample alsike, bags at
$3.50. IT IS. IL at $3.50 Timothy
Receipts in the Detroit wheat mar
ket Friday included 200 bbls OF -four.
car OF wheat. 10 of corn and OF oats
Withdrawals We're zoo bbls OF nour,
stocks are 477,4g1 bu of wheat, 26,ss7
bu OF corn. i3s,503 bu OF oats. s,3l2 bu
of barley and 34.oS3 bu OF rye
Liverpool wheat closed with an ad-
Estimated worlds wseat exports for
the week. s.4OO. 900 blu.
Australian wheat exports for the
week are estimated at 2.1T6.000 bu.
Argentina exported 1.26t,000 bu OF
wheat this week. compared with 49,
900 bu year ago.
Receipts OF wheat Friday: Winni-
peg, So cars. against 105 a year ago;
st, Louis. $4,000 bu, against $4,000 bu'
Kansas City. 81 cars, against lO4; Min
neapolis 295 cars. against $50; Duluth.
SO cars against 81
Wheat stocks in Minneapolis de-
creased 200. 900 bu this week
Exports OF wheat and flour Friday.
III 900 bu.
Primary wheat receipts Friday, 524.-
900 bu: year ago. $4,000 bu.
TOLEDO GRAIN AND PRODUCE.
TOLEDO, o.. Jan. 20.--wheat: Cash.
CSC. May. tl02% July, 9sAc. Corn:
Cash, 4shcc May. see; July. 53c. Oats:
Cash, 25c; May. s7hc; July. s7hc. Rye:
and March. ss.95; April. $3.50; Feb.
1896: oct. s7s5: Jan. 1896. Alsike:
| Prime, $3.50. March, $40. Timothy;
Prime. $40. Butter. eggs and hay pn.
changed.
! CHICAGO GRAIN MARKET.
! CHICAGO. Jan. 2o.--Grain opening
Sac. May aud July corn advanced NC
MAY oats up &c. July oats Up &c. Pro-
visions fractionally lower.
Noon May wheat nc higher July
&c up. May corn unchanged; July adj
yanced &c. May oats unchanged; July
1 close: May wheat down &c: July de.
clined &c. May and July corn dow
&c May oats &c lower: July sc on