The Detroit times., 1912-12-12
GRAIN AND PROVISIONS

DETROIT Dec. 1i-Close: The Chi
cago wheat market showed early
strength and buying was on a rather
liberal scale, while selling was slow.
Liverpool did not help either side OF
the deal closing unchanged.
Unsettled weather In Argentina ball
anced the weakness OF American cables
In the Liverpool market and prevented
a decline Seveitl cables were received
about the South American weather, one
OF which said IL was clearing, but there
IL general tendency TO reduce esti-
mates OF the Argentine exportable sur
plus. American cargoes were freely
offered at reduced prices and some
sales were made A good deal OF dam
age Il reported I'm the northern part
OF Argentina and the crop prospect
there Is not such a bearish factor as IL
was.
The belief in this market IL that
storms have not yet reduced the Ar
gentine crop enough TO make IL bear
ish argument, although much OF the
bearishness has been offset The for
eign political situation IL enecting the
market to the extent of causing shorts
to cover and preventing dealing by
others. Press dispatches indicate that
the troubles are by no means settled
and war may break out worse than
ever.
Domestic conditions are bearIsh. Re
ceipts OF spring wheat continue large,
stocks are increasing and cash demand
IL not active.
The local market was firm all day
and closed at an advance Of n a &c.
lost &c. Oats lost kc and cloverseed
was steady.
Wheat quotations; Cash No. (, red;
change at s1.O5 and advanced TO
tl.05h: May opened at s1.Osh and adj
vanced to $l.l0h: July opened at szhc
and advanced TO s2%c; No. ! white
Coarse grain quotations: Corn-Cash
No. 3. 4sc; No. 8 yellow, car at 4sc;
No. yellow. t7kc. osts-standard.
ssAs; No; whits 80 cars ss. AT ssS; No No
2. s2c Beans--Immediate shipment,
s2l5; prompt shipment. f2;i6: Decem-
Der and January, sans, Cloverseed--
,s.7S. Il at $3.50; prime sislke. .i2 20 !;
sample alsike, 6bags at &llbO, at tlO.
Receipts In the Detroit market on
Thursday were 1000 bbls OF hour. 2
OF rye. Withdrawals were 1,40o bbls
OF hour and 1000 bu OF corn. Stocks
are sss.713 bu OF wheat, 1888 Blu OF
corn. 70s5 bu OF oats, 5s.s16 bu OF
barley and $3.50 bu OF rye.
Liverpool wheat oclosed unchanged
and corn unchanged 10 Nc higher.
Estimated Argentine wheat exports
this week. $4,000 bu
Broomhall estimates the Argentine
exportable surplus Of wheat at ia
900 900 bu.
Receipts OF wheat Thursday: Win
nIpeg. SAG cars against esq year ago;
Minneapolis. SCI cars. against 81: st.
Louis. $4,000 bu against 10000 bu; Du-
luth 26s cars. against 70; Chicago. %
cars. against IL
Primary wheat receipts were 1885,
600 bu against $4,000 bu a year ago.
Exports OF wheat and -four Thurs
day. SIS 900 bu.
TOLEDO GRAIN AND PROVISIONS.
TOLEDO. o. Dec. i2--wheat: Cash
and Dectmber sl.0s; May. s1l0&
July. CSC Corn; Cash. 49&c December
49%c; May, 5Ohc. July. 50hc Oats:
Cash and December, S5Mc: May. 35hc
Rye: Cash. 63c Cloverseed: Cash and
December. si1.22h: FEBRUARY and
March, si1.S0; No. 2. 5000: No. r.
5000: rejected. 80 so. A,sike: Cash
and December. sl2.5O: March, sig so
Timothy. cash and December 81 1914
February. t2.O5 March. t2O7H But
ter eggs and has, unchanged
CHICAGO GRAIN-openi.s.
CHICAGO. Dec. l2.--wheat: Ocean
Der unchanged May Up &c Corn: De
cember and May unchanged oats:
December and May unchanged Pro-
visions steady.
Close-Wheat: December down bc:
May up &C Corn: December and
May up c. Oats: December down &C;
May up &c.
} Close-wheat: December and May up
Ne Corn: December and May up u c.