The Detroit times., 1912-11-14
MARKETS AND FINANCE
GRAIN AND PROVISIONS


news was no help 10 believers Ia high
er wheat prices II looks like set
tlems without a spread OF tue war
and without "a spread the war Il not a
bulllsh consideration. The AlScntlh'
news was bcarish in that the bullish
news Of "Wednesday was denied. TINS
gave the market an easier opening
Bearish sentiment In wheat Is yer!
great and growing. and Is much helpeu
10y the peaceable outlook abroad. The
Argentine crCp is early anu VIII DC
con peting with American wheat Tor
the favor OF the foreign purchaser seN
eral weeks ahead OF the usual tln,v,
At home the market Ia made easy DN
the heavy primary movement ana Tar -
accumulation or stocks. NILS IN the
northwest are not In such hr'"ss
hurry To buy. but report fair sales OF
| hour. the output Of which is breaking
records.
4 Liverpool was low. due 20 reRlizing
Induced by lower prices here ana pt'-
ter political outlook London has peeh
free seller The Bueuos Ayres mar
! lSet is weak. rejecting the gooo ~
| gentine crop outlook spot wheat IN
/ Liverpool was easy and In smal "e-
I mand.
| Wheat had a weak day OF H. clos
/ Ing at a decline OF &c In cash. lc IN
! December and "a &c IN May.
Corn and oats were dull ana STEADY
/ Rye lost &c Beans and cloverseed
/ ereAfirm
Wheat quotations; Cash No. 2. sl.o7,
] December opened with a decline OF 5a'
at s1-0S and declined 10 yT.U1T8 My
opened at si.i2A. declined TO IL
! and advanced TO Sl.12is No. i white
s1Os. Coarse grain quotations; Corn
cash No 8, sic; No. yellow; sac; 10
2 yellow csc Oats: Standard. sac
No, 3 white. a2%c: No; yellow J G =.
| Immediate shipment. sa3o: promp'
! Shipment s227: November. S2,25; De-
CEN Der s2l5. Cloverseed: Prime spot
t1o.75; sample IS bags at $40 30 3
sample alsike, Ia bags at Sll.2S.
Receipts in the Detroit marke
Thursday included LOCO bbls OF uouI
l car OF corn, of oats and OF rye
Withdrawals were 1,io0 bbls OF nonl
and 5000 bu OF corn. Stocks are 4V9'
sO2 bu OF wheat. S4.955 bu of corn. -
595 bu of oats and 40,Ssl ou OF rye.
Liverpool wheat closed - ia lo"e'
| and corn y q I'D lower.
Receipts OF wheat Thursday: Kansas
I City. 50 cars. against 20 a year ago
Omaha, s cars, against 10 Chicago, y
cars. against 20. ST. Louis. loI;ooo pu n
against $4,000 bu: Minneapolis 4+o
I cars, against EOS; Duluth, sos cars
/ against 1873; Winnipeg, s47 cars
against 4s0
I The output of nour in Minneapol,i
I last week Increased 26,4A5 bbls ACCORD
I ing 10 the Northwestern Miller IN,
I output for the week ending NOV
! broke all records, amounting TO 45t,Oo
4 DDlS against 3AO.3So Dds n year obp.
! Wheat stocks in Minneapolis IN
creased $50. 900 bu in four days
! Estimated Argentine wheat export
/ this week. 100000 bu.
Primary what receipts were l,oZo'
( 600 bu. against 725.OOO Blu a year ago
! Exports OF wheat and flour Thurs
day. fKS. 600 bu.
TOLEDO GRAIN AND PRODUCE.
TOLEDO. Nov. 14.-wheat: Cash
S107L; December. s1.oS: May, N.l5
| July. 94%c Corn; Cash, sic; Decem
Der, 5OXc: Nav. 50hc; July, 5O%c
Oats: Cash 33&c December, 3Sis c
| MAY. 34Ic. Rye: Cash, zoe. Glover
J seed: Cash sl0s5; December an
March. $40 20: No. 2. 5000; No. 3. - 30
/ rejected, Sp.25: n. f.. c.. SO. Alsike
Cash. $12.e5; December and March. III
| Timothyseed: StS2la December, Sl.So
March. sla5 Butter. eggs and hay un
changed.
CHICAGO GRAIN-OpeninE.
/ CHIC AGO. Nov. 14-Opening =
| Wheat: December and May down I1C
/ Corn: December and May down 1sC
I Oats: December unchanged; May dow
/ hG Provisions weak
/ Noon-Wheat: December down sac
May down &c. Corn: December an
May down sac. oats: December dow
| re- May unchanged.
= Close-Wheat: December down &c
May down &c. Corn: December DOW
/ A.c; May down &c Oats! Decemoe
and May down &c. Provisions: StronI