The Detroit times., 1911-01-23
GRAIN AND PROVISIONS.

DETROIT, Jan. 21.-Close-Friday's
decline startled the bulls, but are stiii
advising the purchase OF wheat on ue-
clines. Most OF the recent news mas
been bearish and the liberal selling
near the close on Friday shows that
some Of the bulls weakened and Sc
cured their profits. There are reports
OF Minneapolis mills closing down be-
cause they cannot sell hour. Out pe'-
ter trade is expected <uon.
No one knows who sold the wheat
that broke the market on FRIDAY. some
brokers think the leading holders at :
on P tbs early buiga. which had been
created earlier by good buying II Is
general BELIEF that the May option
around dollar Will receive GOOD sup
pert from the heaviest holders. Az
though the genera trend or the news
is against holders. Traders are more
than ever at sea. Tor they cannot .Sli
anything about the action OF .ns
Armour Lichstein Interests. They are
accused of selling on the bulge and OF
buying back more than ever In the ae-
cline. Some believe they hoid more
wheat than ever. put mere az
and buyers have lost some commence.
Many brokers still urge the purShase
OF wheat on all breaks Liverpool was
steady on Saturday, but forelsh news
is generally bearish.
The feeling in wheat early In Satur-
days market was pearlsh ana pa.e5
dec!ir ed &c. but this was recovered
later. When IL came near closing TINE,
however, there was rush OF seiiins
and the close was at loss OF lc Tor
the day.
Corn recovered Lac; oats were steady
and clovcrseed declined ESQ soc.
Wheat auotations-Cash. No. z, req,
s7 lac: May opened without change az
$1.03. lost &c. advanced TO sl.oS anu
closed at sf-02; July opened at sShc,
IN az
closed at s7isc: No. l, white. 80 l-te:
CASH grain auotations-corn: Cash,
No. 8. 4sc; No. 5, yellow. cars at 4ss
No, ye aaps s si.4c sample. car
oats-standard. 35c: No. 8. white.
34Ihc. .ou
BeansNCash. s2.o5: March. ,e.io
Cioverseed-Prime spot. 100 bags at
1875: March, 200 bags at $50; sample;
is bags a. $50 70 az IS; , y s. at So e.
bags at ss.2b: ~ at $3.50.
Timothy seed.-Prime spot. 100 bags
Receipts In the Detroit market Sat
urday included ESQ bis. OF Hour. ! car
OF wheat, Is OF car and VI oats WIZ
drawals were 200 bbls. OF flour, lI,tlt
ey % aG Su Of %Sea ea sassss Sa Of
13s,503 bu OF oats, 3,Sl2 pu Oh pariey
and 33.Os3 bu OF rye.
Stocks OF wheat at Minneapolis de-
creased $4,000 bu for one day.
Receipts OF wheat Saturday-Duluth'
IS cars. against So cars year ago.
Minneapolis, 27o cars. against 2ss; ST.
Lopis. $4,000 bu. against 1000 bu;
Kansas City, SO cars. against III; Win
nipeg, s scars, against 156.
Expovrts OF wheat and -four satur-
day, 900 bu.
TOLEDO.
TOLEDO, o., Jan. 21.-Wheat-Cesh
CSC; May, sl.ola; July, s7he. Corr
Cash. 4Skc May, STAG; July, b2N
oats-cash. s5c. May, 37hc; July, sIc;
Rye-No. 2, sac: No. 3, sic. Cloverseed
Cash and March, $3.50; April, $3.50;
Feb. $3.50: Oct. N:s5: Jan: $3.50 Al
thy-Prime. st.7b. Butter. eggs and
hay unchanged.
CHICAGO GRAIN.
CHICAGO, Jan. 2l.-Grain opening:
May wheat sc lower, July &c down.
Mas and July corn advanced hc. May
and July oats unchanged. PROVISIONS
were steady to fractionally higher.
Close-May wheat OF &c. July on
lie May and July corn on Asc. May
and July oats declined hc. Provisions
steady TO fractionally lower.