The Detroit times., 1912-01-10
GRAIN AND PROVISIONS.

DETROIT. Jan. 1O.-Close; Prices de-
cliued on Tuesday because OF the big
increase in the worlds visible supply
and later advanced when the Increase
was explained. Part of IL came from
the other side OF the Rockies and part
was the result of the correction OF
Canadian figures. The closing strength
did not reach over to Wednesdays
opening. Liverpool was weak ard
lower and the American markets
opened easy.
A bullish feature in the market is
THE report that Broomhal quoted con-
sentative leaders in the English grain
trade az reducing their estimate Of
the Argentine eXportable surplus 10
%. GOO 600 bu. which takes all the hear
ishuess out of that crop. What makes
the matter worse is the poor quality
OF the grain, making IL necessary for
European nlillers TO look elsewhere for
hrst-class Wheat to grind. and con-
fronting European consumers with a
shortage caused by the Russian crop
faildre, which they had figured on hav-
ing made up out OF the bumper Argen-
tine crop. This however. IL not Caus-
ing Liverpool dealers any anxiety, for
Their market was quite weak on We'd
nesday
demand at home and a continuation
OF decreases IL expected in the visible
supply. Chicago stocks have not yet
nreh seriously reduced. but sales 70
y.
market was easy early but later re-
covered all the loss closing At Tues
days last prices
All the coarse grains were un-
changed. ClOverseed advanced Sc
Receipts in the Detroit market We'd
nesday included 500 bbls Of -four. :
cars OF wheat, 10 OF corn and $ OF
oats. Withdrawals were 500 bbIs OF
nonr, stocks are Ss0,213 bu OF wheat.
iN4.6sS bu 81 corn. 20s, 200 bu OF oats
1,o95 ou IF barley and 1895 bu OF rye
Receipts of wheat Wednesday: Kan
sas city. 10 cars. against 81 cars n
year ago: 81. Louis. 1900 bu against
5000 bu; Minneapolis. ia cars.
against l66: Duluth ~ cats, against 90
winnipeg, las cars against II
Liverpool wheat closed 7s0ld and
corr a g I'd lower
Primary wheat receipts were 34a. 900
bu. against $50. zoo bu a year ago
Exports Of wheat and nour Weone,-
day $50 600 bu
Wheat quotations: Cash No red
&c; May opened with drop OF !. e at
sl.el declined 70 s1O0A4 and advanced
to H.0l u; July opened al s5isc lost
= G and advanced To 50 a g Nh. white
! car at soc, Coarse grain qIotations.
Corn. cash No 3. 63I9c; No Yellow
80 NO. yellow, sihc. Oats stan
RYE Cash No. 2. &c Beans Imme.
dictc, prompt and Jan. shipment s233.
Fec. s2.35; May. s24s Clovsrssed
Iilme spot 20 bags az tI265: March
sl266: sample. II bags ut Si2. al
slv 20; prime alsike. siO55: sample al
slke bags at S10.25. at 1915. Tim
9thyseed Prime spot. t720. Barley:
Best samples. s2.45a2.ls per cwt
Buckwheat: Good grain, ;175 per cwt.
TOLEDO GRAIN AND PRODUCE.
TOLEDO. Jan 10.--wheat: Cash. 9yc.
Ma. sl.0l y July, gc&.c. Corn. cash
% = c; May. 66hc: July. g6ibc oats.
Cash. 50lsc. MAY. see; July. 47Ac. RYE.
Cash, a6c. Cloverseed: Cash. Jan. and
Feb. VIZ a y Mar, sl2.72Ia No 2.
sle &c; No. 3. s1220; rejected. sif 90
Alslke. Prime and Jan. sl1.O5: Mar.
tlI25. Timothy: Prime and Jan s7s5:
Mar" 40 Butter. eggs ana hay; TN
changed
CHICAGO GRAIN OPENING.
+ CHICAGO, Jan. l0.--Grain optning-
Wheat: May down &c; July down &c.
Corn: May down &c. July down 4 &C.
oats: May down isc. July down &C.
Provisions: Lower
Noon Wheat: May and July un-