The Detroit times., 1912-12-10
MARKETS AND FINANCE
GRAIN AND PROVISIONS

DETROIT, Dec. l0.--Close: Wheat
opened steady ON Tuesday notwith-
standing the bearish government re-
port that was issued after the CLOSE
on Monday other conditions on don
day We're hearish. including heavy
increase in the visible supply
The government report shows S2,Se',-
600 acres OF winter wheat sown. COM
pared with 33.2l5.O 900 bu year ago
and the December condition is eS.2.
This IS better than expected, both as
10 acreage and condition. but IL had
scarcely any effect on prices. The for
eign situation is not so very hearlsh
and dealers are advising caution In
selling wheat on declines. The Amerl-
cal weakness or Tuesday put some
pressure on Liverpool at the start. but
the effect was onset oy reports OF rain
In Argentina, where harvesting Is In
progress. and the large decrease in the
European visible supply. south Amer
lean shippers are not putting any pres
sure on the market.
\ leading northwestern house saws
farmers deliveries are the largest In
their experience and Chicago reports
good class OF wheat buying. Last
yenr's winter crop was cut 100000
acres by Winter-killing. which leaves
the present acreage very large. Wheat
was duh and steady, closing at the
hnal prices OF Monday An easy spell
came early, but did not last.
Corn declined hc, oats were firm. rye
lost lie and beans declined &C. Clover
seed was unchanged.
Wheat quotations. Cash No. red.
sf,05. December opened without change
at SlO5, declined To $1.04sa and adj
vanced 10 $l.05. May opened at 81 % Il
lost nc and advanced TO Sl.09h July
opened at s2i4c c. declined TO 9l% c and
advanced TO s2kc; No. l white, Sl.0t
Coarse grain quotations. Corn. cash
No. 3, iSc. No. 3 yellow, 3 cars at age.
No. yellow. cars at 47c. Oats: STAN
dard. SIC; No. white, cars at S6c;
No. { white. / car at 34hc. ] at soc;
sample ! car at 33Ec. Rye Cash No.
e G2c Beans. Immediate shipment,
s2l5. prompt shipment. '2.l3; Decem :
Der and January. s21O. Cloverseed:
Prime spot and December, ;ll sample.
20 bags at 1915. at sS25 prime al
sike. $l3. sample aisike. IL bags at
3ll25
Receipts in the Detroit grain market
Tuesday included 500 bbls OF -four. 2
cars OF wheat. IS OF corn. OF oats 8
were lao bills OF -four and $4,000 bu
OF corn Stocks are SSs,7l3 bu OF
wheat $50 054 bu OF corn. T0.956 bu OF
oats 5s.sl6 bu OF barley and $3.50 bu
OF rye.
Liverpool wheat closed I'D higher
TO I'd lower and corn unchanged to
y lower.
Receipts or wheat Tuesday: Wheat.
Kansas City. 81 cars. against "a a wear
ago: st Louis $4,000 bu against 20 o00
bu; Chicago, 80 cars against 30: MIN
peapclis 629 cars against 439; Duluth
ass cars. against 1872; Winnipeg. 90;
cars. against 74l; Omaha 81 cars
against IS.
Primary wheat receipts were 1st7 o0c
bu. against III 900 bu year ago.
FVports OF wheat and hour Tuesday
3ee zoo bu
The worlds visible supply OF wheat
increased 2e5. 900 bu last week.
TOLEDO GRAIN AND PRODUCE.
TOLEDO. Dec 1o.-wheat: Cash and
December s105% May. 81 1e%; july
lq2&c. Corn: Cash and Decen her
49< c. May. soc: July. sic. oats: Cash
anG December SIS &c; Nav SF%c Rye
Cash SIC. Cloverseed; Cash and De-
cNrher. s1110: February s11.2o
March sl1.1TH No, g $40 40: No 2
s1oI5, rejected. saSo Alsike: Cash
and December. s12.75: March. SO 30
Ti~othy: Cash ana December. 81 90
February. 202h; March. sos. But
ter. eggs and hav unchanged.
At CHICAGO.
Noon-wheat: December unchanged
May unchanged. Corn: December up
= C: May up nc. Oats: December w
nc. May I'D hc.
Close-wheat December up Hc:
MAY up &c. Corn: December un-
changed: Nav up &C. Oats Deem
Dor M Sc: May up NC. Provisions;
Lower.