The Detroit times. [volume] (Detroit, Mich.) 1903-1920, 1911-01-06
Markets and Finance
GRAIN AND PROVISIONS.

DETROIT, Jan. O.-slose. HOW HuSh
sIring wheat was raised last year IN
this country? The government est-
mate OF the spring crop WAS 233.O0O, 900
bu but the movement of wheat so Tar
indicates that this was above the marx
There is not much wheat left on the
farms and the amount marketed leaves
the impression that the figures were
too high by about 100000 bu. Wheat
row on northwestern Farms VIII DE
held for fancy prices and IL Is be-
lieved the mills at Minneapolis VIII be
forced TO bid up in order To get the
supplies needed. The cold weather ~
the southwest Is causing fear FOR the
crop and adding TO the bulllshness OF
the situation
There is "A good deal OF bullish gos-
sip in the wheat market and word from
Chicago. tells that one OF the bull Lead
ers there added I5O, 600 bu To his hold
ings on Wednesday, this prevented
decline when the market appeared
about ready for break. and II Is
taken al proof that the bull leaders viii
not let the market decline much be-
low the present level Some- OF the
smaller bulls sold because they were
dissatisfied with the action OF the mar
ket The decrease In the primary
movement encourages the bulls ana
they expect the increase in milling de-
mand 10 help also. Even the most pro-
nounccd bears are saying little on their
side OF the deal for the present, They
say the general outlook is bearish; but
admit that Srices may be worked ir-
set for "A time by the decline In Liver
pool, but later they took hold again
and put prices up cent.
The coarse grains were strong, poth
corn and oats gaining 1c. Rye and
beans were steady and cloverseed was
quoted strong.
Wheat quotations: Cash No. 2 red.
97Ac asked, May opened without
change at slOlIa and advanced to
sIO2h. July opened at 97c and adj
vanced to 9Sc; No. l white. 96lsc
Coarse grain quotations: Corn. cash
No. 3, 471se; No. yellow. 2 cars at
4Shc oats: Standard. car at sac:
? cars at 34Isc, No. mixed. car at
33l5c; No. white, SIC. Rye: Cash No
s2S5. March; ;2.1o cloverseed: Prime
spot. $40: March. s9i5; sample. u
bags at $3.50. II at ss.25. "a at IS, 40
at $3.50, at $.2S prime aIsike' ~ 10
Timothyseed: Prime spot. 400 nominal.
Receipts in the United market on
Thursday included 1000 bbls or Hour.
. cars OF wheat. OF corn. OF oats
and / OF rye. Withdrawals were 1000
hbls OF flour Stocks are 504063 bu OF
wheat, 2S7 sos blu OF corn. 1881 blu
OF oats. 1876 bu OF barley and $4,000
Liverpool wheat closed at decline
OF I'D
gentina this week, 100000 bu.
Receipts OF wheat Thursday; Win
nipeg. 43 cars, against l6s year ago:
81. Louis. $1,000 bu. against 81 600 bu;
Kansas City. So cars. against 81; Du-
luth, IL cars. against So year ago.
Minneapolis. SO cars.a gainst 2il.
Exports OF wheat and -four were
$4,000 bu Thursday.
Primary wheat receipts were $4,000
blu. against $4,000 bu year ago.
TOLEDO GRAIN AND PRODUCE.
TOLEDO. o.. Jan. 5.--WhegI Cash.
99c; May. SI02, July. 91sG Corn:
Cash. 4Sc; May: 5llEc;- July, 521Ae Oats:
Cash. 34h0, May, 37hc; July S6%c.
Rye No ., S3c; No. 5. soc. CloYerseed:
Cash an dMarch, sY.22l9; Aprn. &;90;
Alsike: Prime s9.25, March. $3.50. Thu
-ethy: Prime. si.65. Butter. eggs and
hay unchanged.
CHICAGO GRAIN MARKET.