The Detroit times. [volume] (Detroit, Mich.) 1903-1920, 1912-11-12
GRAIN AND PROVISIONS

DETROIT. Nov. i7-Close: The
general feeling among dealers in
wheat II that the war In Europe In on
its last legs. With an end to hostili-
ties the feeling Is that wheat In this
country cannot be maintained At the
present price level
The wheat dope on Monday was very
bearish and many believers In lower
prices felt disappointed that the mar
ket failed to go lower. The worlds
exports were enormous and must have
shown the consumers OF Europe that
they have no starvation to fear. At
home there were heavy northwestern
receipts and a large increase In the
visible supply. On the other hand the
demand for cash wheat In Minneapolis
was very large and some export bust
meas was done In the southwest. Other
exporters said business was slow. Ar
gentine II getting into the game earl
Ter than usual Cables tell that the
harvest will begin In couple OF
weeks. which IL nearly a month ahead.
The South American crop outlook 10
very nattennR and wheat growers in
that part OF the world are always In a
hurry to sell. Russia continues to Of
fer wheat lioeraly and 30 does Canada.
at a price considerably under the level
on this side OF the boundary. II looks
like a favorable market for bears, but
declines are always checked by active
Wheat was easy early and nrmer
about closing time. The nnish was
unchanged IN all but the Nay deal.
which lost &c.
closing easy. Alsike seed declined &c.
Wheat quotations: Cash No. o.
31o7k: December opened without q
change at u osk. touched t1.osh. ad:
closed At si.Osk: May opened at 81. IL.
declined Z advanced to t1.l+H. de-
No. / white. t1.6sx. Coarse grain quo
t.,ions; Germ. cash No; :. sfxei No. (;
car at s3hc. closing asked; new. ! car
at Sc Oats: STANDARD ssEc asked;
No. 3 white. 82kc asked; No. 4 white.
2 cars at siHS 49,. .. AIS; ny, Rye: , c.se
prompt pro, Sc shIp%sn n ,aa %'' No1.mS sg.
Prime spot and December, t1o.75: sam
Pile 10 bags at 1918. II ~ -, ~ at
$3.50; prime al.ike 'i?.7s: sample al.
Receipts In the Detroit market on
Tuesday included 1.fo0 bbls OF -four. )
cars OF wheat. OF corn. 10 OF oats and
OF -four. $500 of corn. t.760 bu OF oats
and 1900 bu OF rye. Stocks are +os.soe
bu OF wheat, i0s.sss bu OF corn. 3s,ssS
bu OF oats and to.3s1 bu OF rye.
heCelpNb OI(NntAt lueSuays
40 cars. against Ma year ago: Mime
apolia t7e cars. against ass: st. Louis.
and Kansas city. 100000 bu, against
$4,000 bu; Winnipeg. ga ears. against
Liverpool wheat closed noMd low
err
Minneapolis wheat acknowledgements
i15.0 bu for three days.
Primary wheat receipts were 1b7O,-
900 bu. against 704. 600 bu year ago.
The worlds visible supply Of wheat
Increased fU.500.60 bu last week
TOLEDO GRAIN AND PROVISIONS.
TOLEDO. O., Nov. i2.-wheat: cash,
,1.oS: Dec, tlosk MAY. ,l.ltA; July.
s6hc. Corn: Cash, see: Dec 5lEc
May. 51Lc July, 5iSc oats: Cash,
sac. Dec. 34hc: May. 3bLc. Rye: Cash
roc. Cloverseed: Cash. tii0s: Dec and
March. tit.0s: No. .. t10S5: No. :, 50. 90
rejected. $3.50: y. r. g.. o. Aisike
Cash. tt2.s5; Dec. and March tl3 Tim
othyIC cash, ilS2h. Dec. ti.s5: March
t1.sS. Butter. eggs and hay. un-
changed.
CHICAGO GRAIN-Ope.ins.
CHICAGO, Nov l2.--wheat: Decem
her and NAV down Lc. Corn. Deuem-
her unchanged: May down &c oats.
December aud May unchanged Pro-
visions strong --
Noon--whest December NJ &c, Nav
unbalanced Germ December %.