The Detroit times., 1912-10-28
GRAIN AND PROVISIONS

DETROIT, Oct. 2Sr-Close: Liver
pool was not anxious about the pro-
Monday morning. for the price OF
wheat had a big early slump. This
was attributed TO some more pacific
turn In the war condition in Europe.
1t Ii commonly believed that great
deal OF the wheat In store in Winnipeg
IL already sold for export. and prob
ably large portion yet to arrive, and
all this will 20 abroad before there is
A return of buying in the American
markets. 1t Is also believed that much
OF the southwestern winter wheat ~
the property OF foreigners who have
been actively buying ahead in antlci-
patton OF a higher war market This
makes new purchases unnecessary for
time and will insure heavy American
exports for the next month at least.
Chartering OF lake steamers In active
at Chicago, Duluth and the Canadian
ports, and the lake movement from
now to the end OF navigation will be
up to record-breaking proportions
The general situation Is puzZling 10
traders. The foreign political outlook
IL still 50 uncetain that bears are
afraid TO follow a decline for fear OF
falling into a trap, while on the other
hand bulls are cautious about buying
an long as the movement Is so heavy
and stocks are increasing. II il hard
10 become enthusiastic on the bull side
of wheat as long as Canada and Rus
sia are underselling the American
markets. The general feeling Is that
the market must get help from abroad
in order 10 hold prices up
Wheat weakened owing TO overtures
for peace between the lighters in Eu-
rope. The close here was at loss Of
Corn and oats were steady. Cash
beans advanced sc and the futures lost
Sc
Receipts In the Detroit market Mon
day included 1000 bbls OF -four. ca rs
Of nd of A.
drawals were l,400 bbls of nour and
1000 blu OF corn. Stocks are 1T3,l33 bu
OF wheat 105,99S bu Of corn. 1886 bu
OF oats and 1850 bu OF rye
Liverpool wheat closed y q Nd low
or and corn unchanged TO y d higher.
Receipts OF wheat on Monday: Oma-
IA. 1s1 cars, against l49 cars year
ago; Kansas City, t2S cars against ad 50;
ST Louis. 2s9,000 bu, against $4,000 oui
Minneapolis 1902 cars. against las;
Duluth l,l3s cars. against l.242, Chi
cago. rs cars, against so
Wheat In Berlin and Buda Pesth de-
clined sharply on Monday.
wheat stocks In Minneapolis increas-
"a 400, 900 bu In two days
The Visible supply or wheat increeas-
ed 2.50s. 600 bu last week. OF corn de-
creased $4,000 bu and OF oats decreas-
ed $4,000 bu
Primary wheat receipts swere S.3O4
600 bu, against 1.7is.000 bu year ago
Worlds wheat exports were 1914
5sa roo bu and the Danube 100000 bu
81 Wheat quotations; Cash No. red
st10x: Dec. opened with decline oi
&C AZ si.l2E, lost &C. advanced e
ef.1aE and declined 10 ;i12k MAY
opened at s1.1s% touched t1.16h, ad
vanced TO slI6N and closed at 81 16h
no I white. s1.Oeh.
Coarse grain quotations: Corn--Casl
No g. 65Hc, No. yellow. car a
GsiLc. No z yellow. car at 6sc: No
yellow, I car at 65hc. Oats-Standard
aeHc: No. r white. cars at 35hc; No
white cars at 33%c. at SAC. a
a1kc: sample. I car at 32hc Rye
cash No. 2 Tsc.- Beans-fmmediate ans
nrompt shipment s2h Oct. 81 30
Nov. 1925: Dec, s215. Cloverseed-
Prime Dec t11: sample. 60 bags at SIC
~ AZ 81 prime Risike STA. sampie nj
slke. "a baes at t12. al 1916.
TOLEDO GRAIN AND PROVISIONS
TOLEDO. O.. oct 2s.--wheat: cash
ffio&; Dec 81 i1h; May. SILICA
Corn. Cash. sskc: Dec. 5bkc. May
sac: July, Sbkc. oats; Cash, sske