The Detroit times. [volume] (Detroit, Mich.) 1903-1920, 1912-01-16
GRAIN AND PROVISIONS.


ness OF Mondays wheat market. The
South American crop has suffered
greatly during the past few weeks, but
Is still very large-large enough 10
supply Europe with more wheat than
ever before and IL is remembered that
IN other years Argentine has often
had enough wheat TO break the
market.
There was little in the situation on
Tuesday, TO cheer up the bull. Cash
wheat and flour were dun. and north
western news was bearish. Ii is be-
heyed by northwestern grain men that
receipts viii increase with mild wealth
er. There Is not much coming from
farmers hands, but country elevator
points are liberal shippers. Chicago
dealers are disappointed over the sales
OF cash wheat and stocks show small
reduction. IL looked a little like an
oversold market at the close on Mon
day. but Tuesdays early market had
no snap and prices worked lower. Ar
gentine news was not bearish. Con-
ditions are far from favorable owing
10 rains and this gave Liverpool it's
early showing or strength.
The American winter wheat crop Is
well protected by snow and the pres
ent severe weather Is doing no harm.
nelds were hurt some by the frost
that came a little ahead Of the snow,
but this can not be determined before
spring.
ANNCE SHOWlnk OF weakness
the wheat market braced up and closed
;. y nc higher for the day
Corn advanced C. and oats 40.
Wheat quotations: Cash No. red. I
cars at sshc. i at SIC: May opened
without change at $1,000. touched
s1.0Ch and advanced TO Sl.0l: July
opened at 95hc. declined TO 94Ac and
advanced 10 95l1c. No. l white. i car
at Soc. Coarse grain quotations: Corn
cash No. 3, j car at SAC: No L. / car at
6ZC. M VallnxU "a ~ NJ A
yellow, cars at SIC. Oats: Standard
car at 51Ac, later SIC bid; No J
white. 81 nc. Rye: Cash No. 2, 97c
Beans: Immediate shipment, s235
s2s5; Feb. cars at $2.37; May. / cal
at $3.50 Cloverseed: Prime spot, 81
bags at s12.75. Mar, tI275 sample, L.
bags at sl2.26. at s1l, at IS; prime
alsike. sll; sample alsike. Is bags a,
$1,000: 5 at 3g.25. Timothyseed; Prim,
spot, 1870. aBrIey: Best samples. 81. Al
G2.60 per cwt. Buckwheat: Coco
/ milling grain, S176 per cwt.
Receipts in the Detroit market Tues
day included 500 bDls Of -four. 2 carr
Of wheat, l6 OF corn and Of oats
Withdrawals were 400 bbls OF flour
81, 700 bu OF wheat. 1850 bu OF corn
| Stocks are 55o.476 bu OF wheat, 1857
blu of corn. lSs,425 bu OF oats and GO.
! 3s5 bu of rye
/ Receipts OF wheat Tuesday: Kansai
\ City Fl cars, against 40 cars veal
ago: Minneapolis, 237 cars. against 214
Duluth, IL cars, against 80; Winnipeg
$50 cars, against 81; st. Louis, 49, Ot
/ bu, against 10000 Blu.
Primary wheat receipts were 3sT 00l
| bu, against $4,000 bu a year ago.
| Liverpool wheat closed :. q I'D high
Ter and corn unchanged To I'D higher
Exports Of wheat and -four Tuesday
| $4,000 bu.
Worlds wheat visible supply. 1875.
900 bu decrease last week.
TOLEDO GRAIN AND PRODUCE.
TOLEDO. Jan. 16--Wheat: Cash
97hc; May, '1o1%: July. 9shc. Corn
Cash; Sac; May and July. 66l4c; Sept.
SIC. Oats: Cash, size; May, 52A c
July. 47ac; Sept, 42c Rye: Cash
Doc Cloverseed: Cash, Jan. and Feb.
fI220: Mar. s1315; No. 2. s127O; No
3, s12.45; rejected. s12.25. Alsike
Prime and jan, s12.26; Mar. s1I4
Timothy: Prime and Jan. 1925; Mar.
$3.50 Butter, eggs and hay: Unchang-
ed.
CHICAGO GRAIN OPENING.
CHICAGO, Jan. 16-Grain opening
Wheat May and July upkc Corn
May and July up &c. Oats: May and
July up &c. Provisions: Slightly lower.
Noon--Wheat: May down &C; July
down sc. Corn: May up &c; July
unchanged. Oats: May and July Up
&c
close-wheat May and July un-
changed. Corn: May up &c. July up
Ne Oats: May and July up sc. Pro-