The Detroit times., 1912-08-26
GRAIN AND PROVISIONS

DETROIT. Aug. 24.-close: Closing
Liverpool wheat prices were Mk
enough TO be quite alarming 10 tne
trade here on Saturday. The Englisn
market was up about Id at ne close
on Friday and another on SATURDAY
showing a much more ouInsh cohui
tion abroad than previous caDies hau
Indicated Bramhall cabled that shorts
were covering because OF wet weather
and heavy damage in the United King :
dom He also reported damage In
Western Europe 20 cereals ana po,aa
toes which will increase the demand
for foreign wheat Manitoba wheat
was firmly held and Winnipeg reporteu
higher prices. Russian oerings are
fewer and firmer because OF ram;
which will make exports smaller ana
OF lower grade Export demand mas IN
creased at a time when the trade De-
licved foreign wants had been satlsheu.
Duluth reports large sales Tor ekpoI.
and ehartering Of lake steamers
going on at lively rate. Lake freight
is strong and likely TO go higher.
All this bullishness was uneNpecteo
and the outlook just. now Is that the
season may be a very profitable one ior
the wheat trade in this country. Win
heavy production for the year and
the prospect Of high prices. IL looks oe-
cidedly favorable for the American
farmer. miller and the transportation
companies There Is not much douot
that the crop yield Will be wei lup TO
700 600 600 bu, which would De very
bearish but for the foreign outlook.
Much wheat Is believed TO have been
sold for export and not reported, and
the big Minneapolis mills are all wei
sold ahead and IL will absorb the nrst
big run Of spring wheat TO supply their
wants.
Saturdays wheat market was hrm
and quiet closing with cash wheat up
nc and the futures lc-
Coarse grains and seeds were un-
Wheat quotations: Cash No. red.
81 esq; September opened with an ad-
vance Of nc. at sl0Sh declined 70
sl.osH and closed at sl.Osh Deeemper
opened at Sill and advanced TO u.il y (;
May opened at s1.14h. declined 10
Sli4k and closed at s1.l5: No. white.
s10sH Coarse grain quotations: Corn,
cash No. 3. 1hc; No. yellow. 500
dard. j car at a7e: Sept. sshc; Oct.
3SIhc; No 3 white. cars at 3611c No.
white. / car at sec; sample. car at
sac. Rye; Cash No, 2 lie Beans:
Oct. sac: Nov. SIT; Dec. s2.1o. Clo-
verseed: Prime Oct. SIC; prime aisike
Sl1. Timothyseed: Prime spot. ~ so.
Receipts of wheat on Saturday; 81
year ago; chicago. 157 cars; Duluth.
20 cars against 60: Winnipeg. 81 cars.
against 81; Minneapolis. 40 cars,
against asa. The Winnipeg curb was
Duluth reports steamers chartered TO
take 100000 bu OF wheat out OF that
port.
Good weather for threshing and mar
keting In the northwest.
Receipts in the Detroit market sat
urday Included 500 bills of -four. i car
of wheat. S cars OF corn and 10 Of oats.
Withdrawals were 1.400 bbls OF hour:
Stocks are l62.4ss bu Of wheat, ss,l4I
bu OF corn. 24.7sO bu Of oats and 5000
TOLEDO GRAIN AND PRODUCE.
TOLEDO. Aug. 24--Wheat Cash.
s1IO: Sept. s1.10h: Dec, l.12: May.
Sl.I5h. Corn: Cash, s2hc; Sept, 1sc;
bee, 5sAc: May. s5%c. Oats: Cash
and Sept, 36Ec; Dec. 36hc; May, 37c:
Rye: Cash, Tic. Cloverseed: Cash and
Oct, S1012: Dec. s10.02; March, slo12.
Alsike: Cash and Aug. tll.60; sept.
ST.. 20. Timothy: Cash and Aug, s25I;
Sept, s227: Oct. t2.22. Butter. eggs
and hay unchanged.
CHICAGO GRAIN OPENING.
CHICAGO. Aug. 24-Grain opening
wheat: sept up Nc; Dec up NC. Corn:
Sept. up &c; Dec. up NC Oats: Sept.
down hc; Dec. up &c Provisions;
Close: wheat: Sep down NC: Dec.
up &c. Corn: Sept. down &C; Dec.
up &C. Oats: Sept up NC; Dec. down
&c. Provisions steady.