The Detroit times., 1912-12-27
GRAIN AND PROVISIONS

DETROIT, Dee 27.-Close: Wheat
had a nrm opening, but Chicago re-
ported little demand and some selling
that caused easiness shortly after tho
START. Liverpool had fair advance
and the foreign outlook IL considered
bullish. Dry weather in the southwest
causes alarm for the winter crop.
Recent cable news encourages hold
ers to expect better prices for wheat,
but liberal northwestern receipts hold
the bulls in check. Weather all fall
has been favorable for the marketing
OF spring wheat on both sides OF the
lire and stocks are large in the Can
adian and American northwest De-
mand is not pressing as mills are not
selling a great deal OF flour and ex-
porters are doing most OF their buying
In the southwest Liverpool reported
shorts covering because OF Broomhall's
report estimating light worlds wheat
exports aside from America stormy
weather was reported In Argentina.
Milling demand was active and there
was good buying OF cargoes. An Of
fetal Argentine report makes the
wheat crop this year 19s, 100000 bu,
against 170,s24,0o0 bu last year. Late
Buenos Ayres cables quoted lower
prices and fine harvesting weather.
Broom hall estimates the Argentine ex :
port surplus at 112.000.00o bu for the
new wheat crop.
Colder weather is predicted. which Is
considered bullish owing to the Lack OF
fields. American dealers expect that
the continental demand Will hold prices
up. although home supplies are In
creasing. Trading IL Inactive In all
the markets and important price
changes are not expected until after
the holiday season.
Wheat was easy early In the day.
later recovering and closing at the
last prices OF Thursday
Corn declined a C and the other deals
were unchanged
Wheat quotations: Cash and De-
cember No. red. Silly May opened
without change. at !l.i5h. declined TO
ed at s5Ac. declined to SIC and closed
at s5.c: No. / white. tll0h Coarse
grain quotations: Corn, cash No. 3, !
car at +s&c No. yellow. cars at
4sAc: No. yellow. , cars at 4sc.. 2
Standard, sec: sample. cars at 3bc.
Rye: Cash No 2, SIC. Beans: Imme-
date and prompt shipment t2zo; jan
uary ss22. Cloverseed: Prime spot
s1i.50: sample. Ia bags at SO, 8 at ~
prime slsike. ,12T5: sample alsike, s
bags at t1i
liverpool wheat sIosed y a &d highre
and corn unchanged TO I'd higher.
Minneapolis wheat stocks Increased
I.4OO. 900 Blu for the week.
Receipts OF wheat on Friday: Chi
cago 81 cars, age inst IS. Duluth, SOL
cars against "a: Winnipeg, Az cars,
against OIL LOUIE, JDsNVN uus
81 900 bu Minneapolis. 526 cars. against
223; Kaasas city 81 cars, against Ia
Omaha. 43 cars, against 80
Worlds wheat exports for the week
are estimated 100000 bu, exclusive o.
America
Argentine wheat exports for 1912
amounted 20 100 562.o00 bu.
indian wheat exports this week, sos,
900 bu. Australian. $4,000 bu.
Receipts in the Detroit market Fri
day included 500 bbls OF -four. cara
OF wheat. e6 Of corn and OF oats
withdrawals were 1000 bbls OF hour
and 6, 900 bu OF corn. Stocks are SAT.
ESQ bu OF wheat. l45.1b4 bu OF corn
6ls5s bu OF oats. b9.y16 bu OF barley
and 50 300 bu OF rye
Primary wheat receipts were 1,l1t,oD9
ou against 4sl. 600 on a year ago.
Exports OF wheat ard hour Fridsy
SAT 900 bu.
Weeks exports OF whea. and n9Ir
from America. 1880 600 bu.
CHICAGO GRAIN.
CHICAGO, Dec. 21.-Openlng -
Wheat: December unquoted; May up
&c Corn: December and May un-
changed oats: December down Il q;
May unchanged Provisions slightly
lower
Ncon--wheat. December down nc;
sc. May down kc. oats: Decem Der
and May down hc.
Close-wheat: December down lac'
MAY down NC. corn. December ard
May down &C Oats: Dect mber un
changed My down &c. Provisions
Down l0d 80 points