The Detroit times. [volume] (Detroit, Mich.) 1903-1920, 1912-11-05
MARKETS AND FINANCE
GRAIN AND PROVISIONS

DETROIT. Nov. CLOSE: Wheat did
not show anything OF "A startling ma
ture during the early trading on Mon
day. Liverpool was a little higher, but
the advance was not enough 10 tndi-
cate any anxiety over the war or prob
able closing OF the Dardanelles.
Nobody knows what 10 make out or
the European war. IL is not putting
wheat up. but prevents decline. with
all other conditions In favor OF lower
prices there are plenty OF bears with
plenty OF money TO sell the market on
~ IL were not for fear OF the conse-
quenCes OF some move that might be
made The situation Is SO critical that
dealers are afraid To take risks on
either side. Liverpool IL not showing
much excitement and that discourages
the bulls whe feel that So much hght-
ing ought 10 put prices up.
The map shows favorable weather
for moving the spring wheat crop or
the northwest and stocks are piling up.
ships are transferring grain from Du-
luth TO chicago. which IS considereda
hearish operation. IL is said that nine
out OF 10 In Chicago are bears I'm their
views OF wheat. Recent declines have
not checked the movement and prices
are still far from an export level. Can
ada and Russia are still undersellinS
the United states and the Argentine
trade is falling on and millers are not
so active as buyers. General trading
is dull hut dealers believe the market
would be quick To respond 10 any bull
ish change Ia the foreign political out
look
Late cables gave bad weather In Ar
gentina as one cause or foreign nrm-
ness The market here was weak and
closed at loss OF re In May and
cash and &c In December.
Corn lost hec, oats lie and beans 2
n o. Cloverseed was steady.
Receipts I'm the Detroit market Mon
~ ca
OF wheat. Of corn. 40 OF oats and OF
rye Withdrawals were 1900 bbls OF
-four. 1878 bu OF corn and 1870 bu OF
rye stocks are 2T5.l92 bu OF wheat.
and 14420 bu Of rye
Worlds wheat exports last week
were IL 100000 bu, OF which the United
states furnished sass Geo bu
Receipts OF wheat Monday: Chicago.
s5 cars, against ~ cars a year ago:
Minneapolis laos cars. against T1s:
Duluth. 2l70 cars, against ass; Winni-
peg. $50 cars against SIS: ST Louis.
CITY SIS cars, against l04
Wheat stocks at Minneapolis in
creased 10000 hu In two DAYS.
LiverpoOlNwheat closed unchanged to
Il y higher and corn Nd lower
Shows report indicates a corn crop
Of 23s.O00, goo hu or 2,2 0O0.00e bu
more than Indicated month ago.
=. Primsrs mar % %,G Sao accepts for three
Exports OF wheat and -four since
Friday. ga. 900 bu
Wheat quotations: Cash No. red.
q 0s: Dec opened without change AZ
81 10k and declined TO s1.09L Nav
oDened at s1.14lb and declined 70 81 II:
No. ! white sl.0I.
Coarse grain quotations: Corn-Cash
No g. 62c: No. yellow. 65c, No. ; yell
low. I car at 6fiLc Oats-Standar2 J.
35c. No white. cars at 80 ~ C. at
&c. closing asked No white. I car
at $50 at 22hc; sample. car at SOC.
Rve-Cash No @ 76c Beans-Tmmedi-
ate shipment car at s235. promnt
shipment 81 30, Nov. s. sb Dec. 50 =.
neutrality-suspicious. f1TCr. Sample,
bags at $40. Is At 1915. 40 at 3S75:
rrime alsike sl3 sample alsike. -
bags at si2.25. 80 at s11 so.