The Detroit times., 1912-12-05
GRAIN AND PROVISIONS

DETROIT, Dec 6-Close: Strength
was shown at the opening OF the wheat
market on Thursday, although the out
look was not without bearish condi-
tions. On Wednesday the wires brought
lots OF bearish news. but the market
had firm close.
Liverpool explained the early
strength on Argentine news. hot winds
In the south, but harvest making good
progress in the north. Some damage
was reported. At the same time bet
and the Antwerp market was firm.
Nothing was said about any OF the
strength coming from the political out
look, although press dispatches were
rather disgusting. Liverpool is alarmed
at the shortness OF the American soft
winter wheat crop and had estimates
indicating light worlds exports for the
week
American grain markets and bears are
not quite so sure that the price level
was brought about by the war situa-
ton Prices are not breaking as eN-
pected since the lighting was sus-
pended. Receipts are heavy northwest
and southwest. but are expected soon
to show a decrease.
The tone In wheat was strong dur
" q 1c, all OF which was lost later. The
close was unchanged from Wednes-
Corn advanced NC, oats NC and rye
&c. beans and clOVerSeeu were STEADY.
Wheat quotations: Cash No. 2 red,
$1.O5%; December opened with an adj
vance OF lkc at t1.o6, gained &C and
declined to t1.05%; May opened at
s11oh July opened At s3Ec. advanced
to 93kc and declined TO 93c; No. /
white. s1.04% Coarse grain quota =
tions: Corn, cash No. 3, 49hc; No. I. ]
car, at 47hc; No, yellow, cars at
5 Nc; No I yellow. ! car at 4ssc.
Oats: Standard. S7c;- No. white, |
car at 35hc. 2 at SEC: No. white,
34hc. Rye; Cash No 2. SAC bid
Beans: Immediate shipment, S22S;
prompt shipment. s226; December,
Prime spot and December. 81; sample.
IL bags at $40. s at $3.50. II at $3.50:
prime alsike. SIS; sample alsike. II
cars at s1.sS per cwt.
Receipts In the Detroit market on
Thursday were 1000 hbls OF -four 8
cars OF corn, OF oats and 3 OF rye.
Withdrawals were 400 bills OF -four
and $4,000 bu OF corn. Stocks are
41s.72 bu OF wheat 1882 bu OF
corn. 73.4s6 bu OF oats and 56,131 bu
of rye.
Receipts OF wheat on Thursday:
Kansas city. 81 cars, against 20 a wear
ago; Chicago. 20 cars. against II; Min
neapolis SIS cars, against Asa; Du-
luth 1876 cars, against AZ: Winnipeg.
ss7 cars, against e25; 81. Louis. $4,000
Liverpool wheat closed va and corn
I'd higher
Estimated Argentine wheat exports
this week, 500 900 bu
Primary wheat receipts were 1894
600 blu. against 773000 bu n year ago.
Exports Of wheat and hour Thurs
day az 900 bu
TOLEDO GRAIN AND PRODUCE.
TOLEDO, Dec. 5.--wheat: Cash and
December. t1.06 May, $l10A; July,
93%c. Corn: Cash, b0kc, Decem be r.
b0hc; May, B0xc: July. 5Ihc. Oats.
Cash and December. s5hc; May, IS u c.
Rye: csc. Cloyerseed: Cash, il1i5;
December, il1.2S: February, sl1.15;
March, t11.2O; No. 2, s1O.45 No 8,
$1,000; rejected, $3.50 Alsike: Cash
and December, SASS; March, S12s24
Timothy: Cash, $3.50: December, 19T;
February. tl.90h; March, 81 Butter
eggs and hay unchanged.
CHICAGO GRAIN-openinE.
CHICAGO, Dec. 5--wheat: Deem
Der. up &c: May up &c. Cofn: De
cember and May, up nc. oats: De-
eember and May, up kc. Provisions:
Weak
Noon-wheat: December and May
down &c. Corn: December down &c.
May unchanged. Oats: December up
| isc; May down NC
Close-Wheat: December down &c.
May down &C, Corn. December down
/ NC; May down &c. oats: December
up &c; May unchanged. Provisions
| steady