The Detroit times. [volume] (Detroit, Mich.) 1903-1920, 1912-11-21
MARKETS AND FINANCE
GRAIN AND PROVISIONS

DETROIT. Nov. 2l.-Close: Wheat
dealers forgot about Wednesdays - ,
port sales on Thursday morning anu
tne market resumed its decline. the
feeling is that IL will take continued
buying TO sustain wheat values around
the present level
Total export sales at Kansas Citq on
Thursday are reported AT 100000 bu,
one nrm alone sold $4,000 - - hard
wheat TO foreigners. General rams IN
southern Argentina caused liberal SELL
ing In Liverpool counteracting the
strength OF the late American advance.
The foreign markets hacked support,
canada Is pressing wheat for export
and the freight room situation Is easier.
Chicago reports that wheat bought
by foreigners on "Wednesday was on
resting orders placed Ia the market
some time ago. There are no new eN-
port buying orders and the taking OF
wheat by foreigners may not continue
In the meantime all the foreign ana
domestic news Is in favor OF selling on
bulges. Northwestern weather holds
most favorable for the marketing or
spring wheat and the movement is very
heavy. Cash demand Is light and mill
ers are talking OF shutting down al the
close OF navigation. When the ships
quit running "a vast accumulation OF
stocks Is expected at Duluth and else
where In the northwest. which VIII IN
crease the bearishneSs or the outlook.
The war trouble in Europe is no.
= ~ +4--Ft.-isalr settlement Vet and snort
sellers are taking a big risk When they
attempt 10 make money on tue selllnS
side
Wheat was weak early and closed ir-
regular Cash was "a higher and May
"a & lower
Rye lost &c and closed easy. The
other coarse grains and seeds We're
Wheat quotations; Cash No. 2 red
lSl.o5& Doc opened with decline OF
St.o534, worked down TO Sl.05A and adj
iYanced 10 81 06, May opened at sllO&
( declined 10 sl.l0ls and advanced tc
t11OS. July opened at g2c. declined to
81 &c and closed at 92i.e; No l white
3lo4A
Receipts in the Detroit market
and 1 cars @f rye Withdrawals were
| 900 bbls OF hour. 1890 bu OF corn and
| l 900 hu OF rye stocks are 49s.1O2 bu
or wheat. lS2S50 hu OF corn, i9.943 bu
of oats and 49.3sl bu OF rye
Liverpool wheat closed = q 12d and
corn Al lower
Receipts ot.wheat on Thursday; Kan
sas city, "a cars. against $50 a year
ago Omaha 20 cars. against 3; ST
Louis $4,000 bu. against $4,000 bu q
year ago, Chicago. SO cars against 10
Minneapolis. 59l cars, against 459; Du-
luth. $50 cars. against l21, winnipeg
sSg cars. against 149.
Estimated wheat exports from Ar
gentina this week, 100000 bu.
Exports OF wheat and Hour Thursday
Goa 600 bu.
Primary wheat receipts were i.sS4,00O
bu. against s22, 900 bu year ago,
TOLEDO GRAIN AND PROVISIONS.
TOLEDO. o.. Nov. 2l.--Wheat: Cash
s1O6. Dec. si.06ia May. 81 1875 July
s2iSc Corn; Cash. sac; Dec. 1859
May. 49I4c July, 50ssc. Oats: Cash,
34A c; Dec. sac. May 34%c, Rye: Cash
G4c Cloverseed Cash. sl0.95 Dec. 81
Feb. s1i.05. March. s1l; No. ?. $10.S5;
No. B. SOTO; rejected, 3940 Alsike;
Cash. 1890; Dec $12.95; March. SlS
Timothy cash, sis7h; Dec. $3.50;
March. sig714 Butter. eggs and hay
unchanged.
CHICAGO GRAIN-(Opening).
Wheat: December down 1ac; May
down sc. Corn; December, up SC
May. down &c. oats: December. un-
changed May. down hc. Provisions
weak
Noon-Wheat December down &c
May unchanged Corn: Decemb Der dowr
I ltc May down y Oats: December
! down II C; May down Il c.
Close-Wheat; December up &c; May
I up NC Corn: December and May un'
changed oats: December down &C
May down nc, Provisions lower.