The Detroit times. [volume] (Detroit, Mich.) 1903-1920, 1912-12-28
GRAIN AND PROVISIONS


DETROIT. Dec. sS.-Close: Wheat was
steady during the early trading. The
local market started with reported
advance In Liverpool. which was later
turned into decline. more in keeping
with general conditions.
Liverpool had plenty OF reason for
quoting lower prices. among the most
ipportant being the easy tone in this
America, Canada and Australia, favor
able weather in Argentina and pressure
OF south ARerican cargoes. IL was a
dull marker in Liverpool and holders
We're inclined to realize
Ii is difficult for an American grain
dealer 10 be a bear on wheat under
present conditions. Wheat is pouring
into the northwestern markets at a
rate only held in check by the ability
OF the roads TO furnish cars. and stocks
at Duluth and Minneapolis are increas-
ing at "A great rate. But there is an
other side OF IL at Atlantic coast points.
where wheat is getting out of the coun-
try at a great rate. which prevents a
rapid increase in che visible supply,
Commission houses on Saturday were
moderate buyers on weak spots, but
business was 80 small that the pur-
chases had no tfrect. The general feel
ing was less favorable To the buying
side OF the deal and II Will probably re-
quire some Argentine damage TO start
another buying wave.
Wheat was dull all Saturday and
, closed without change in prices.
Corn declined AcsRnd oats lost nc.
The other coarse grains and seeds were
unchanged.
Wheat quotations: Cash and Decem-
Der No, red, s1.llis: May opened
without change at tfi5L. declined 20
SI.15L and advanced to $l15h: July
opened at s5i.c, declined to Csc and
advanced TO 95h.c; No. / white. $l.1OA
Coarse grain quotations: Corn--Cash
No. 3. car at 4Slsc. No. yellow, :
Z cars at AL g. No, yellow ears At
4 Oats
Standard. S51.c: No. white. 81 c; No.
white, car at SSc; sample, car at
3lhc, Rye--Cash No. 2. &c. Beans
Immediate and prompt shipment. s2.20;
January. $2,22. Cloverseed-Prime spot.
slI.50; sample, 10 bags at $l0.75. s at
, 1925. at $3.50: prime alsike, s12.75:
sample alsike. bags at sll.5o. at s1l.
8 at SI0.25.
Receipts in the Detroit market on
Saturday included 1000 bbls OF -four,
. cars OF wheat, IL OF corn and OF
oats. Withdrawals were l,400 bbls OF
( hour and 10000 bu OF corn Stocks are
sal, $50 bu OF wheat. 151.154 bu OF corn.
/ 6l.S56 bu OF oats. 5s.916 bu OF barley
and $500 bu OF rye
Liverpool wheat closed Y a I'D lower
and corn I'D higher TO sd lower.
Sceipts OF wheat Saturday; Wfnni-
peg. Sss cars. against s27 year ago;
] Duluth, 200 cars against 81, Chicago,
/ 80 cars. against Is; ST. Louis. 10000
bu. against $4,000 bu; Minneapolis. 47S
cars against 223: Kansas City. 81 cars,
against IS. Omaha. 50 cars. against II.
/ India has 1900 900 acres OF wheat.
compared with 100000 year ago.
Primary wheat receipts were laos, 900
bu against 100000 blu n year ago.
TOLEDO GRAIN AND PRODUCE.
TOLEDO, Dec. 2s.--wheat: Cash and
December. s11a; May ,l.l6h4 July
csc. Corn: Cash and December. sol c.
May. soc; July. sic. Oats: Cash. 32%c
4 December. 32&c; May, s2Ac. Rye,
Cash. CSC Cloverseed: Cash and De-
cember. s11.G7is February and March
s11.T7h. Alsike: Cash and December
$l2s0 March. SIS Timothy: Cash
and December, sI.92ls; February
s1.s71z; March. s2.02A. Butter. eggs
! and hay: Unchanged
CHICAGO GRAIN-Opening.
| CHICAGO. Dec. 2S.-Wheat: Deem
Der unquoted May unchanged Corn;
! December and May unchanged. Oats
December down lsc: May unchanged
Provisions: Lower.
/ Close-Wheat December unchang-
ed: May down &c. Corn: December
down nc: May down &c. Oats; De-
cember up he: May unchanged. Pro-
visions: Lower.