The Detroit times., 1912-11-04
GRAIN AND PROVISIONS

DETROIT NoY. 4--C1ose; Wheat did
not show anything OF startling ma
ture during the early trading on Mon
day. Liverpool was a little higher. but
the advance was not enough 10 indi-
cate any anxiety over the war or prob
able closing or the Dardanelles.
Nobody knows what to make out Of
the European war IL is not putting
wheat up, but prevents a decline. With
ali other conditions In favor OF lower
prices there are plenty OF bears with
plenty OF money to sell the market on
IL II were net for fear OF the conse
quences OF some move that might be
made. The situation is so critical that
dealers are afraid 10 take risks on
either side Liverpool Ii not showing
much excitement and that discourages
the bulls who feel that so much fight
ing ought TO put prices up
The map shows favorable weather
for moving the spring wheat crop of
the northwest and stocks are piling mp.
Ships are transferring grain from Du-
luth 10 Chicago, which is considereda
bearish operation. 1t is said that nine
out OF 10 In Chicago are bears In their
views OF wheat Recent declines have
not checked the movement and prices
are stu far from an export level Can
ada and Russia are still underselling
the United states and the Argentine
trade Is falling of and millers are not
so active as buyers. General trading
Is dull, but dealers believe the market
would be quick TO respond 20 any bull
ish change In the foreign political out
look.
Late cables gave bad weather In Ar
gentina as one cause OF foreign nrm-
ness The market here was weak and
cash and lc In December.
Corn lost NC oats &c and beans 2
a Sc Cloverseed was steady.
Receipts In the Detroit market Mon
IN prln "a ~ 70
OF wheat. OF corn, 90 OF oats and OF
rye. Withdrawals were 1900 bills OF
-four 1878 bu OF corn and ]. 43o bu OF
rye. Stocks are 275.ls2 hu OF wheat
and 14.42o bu OF rye.
Worlds wheat exports last week
were ll.50+000 bu OF which the Unit ed
states furnished s,4ss.0O0 blu.
s5 cars. against 70 cars a year ago
Minneapolis. 1.tos cars, against 71s
Duluth 2170 cars, against 4S6. Winnl.
peg, 76o cars, against SIS: st. Louis
$50. 900 bu againgt 1870 bu: Kansas
CITY 51s cars, against 100
Wheat stocks at Minneapolis In
creased 500 900 -bu In two DAYS.
Liverpool wheat closed unchanged "a
Nd higher and corn IA lower
Shows report indicates a corn crop
OF 2.23s.000, 600 bu or 227 600. 900 bu
more than indicated a month ago.
Primary wheat receipts for three
d0Ns were b,OZo 600 Du.
Exports Of wheat and hour since
Friday. $4,000 bu.
wheat quotations: Cash No. 2 red
81 0s Dec opened without change II
tI10K and declined 10 sl.O94 Nav
opened at ti14A and declined 10 t1.i4;
No 7 white. s107.
Coarse grain quotations: Corn--Cash
No g. sec; No 2 yellow. 65c: No 3 vel
low, car at s4ihc Oats-Standarf
SIC: No white. 2 cars at s4hc. at
s4c closing asked: No 4 white, / car
at Ssc. 7 at S2hc: sample, I car at soc.
Rye-Cash No g 76c Beens-Immedi-
ste shipment car NJ Sass: PROMPT
shipment. $3.50 Nov. - '5 Dec. s2.l5
Dec al. sample. 10
bags AZ $40. 2b AZ ss76 80 ne 80 az.
prime alslke. SIS: SAMPLE aisike. IL
bags at tT27b 20 ~ tff ~.
CHICAGO GRAIN-Opening.
CHICAGO Nov. wheat: December
and May up tc. Corn: December
down Nc. May down iIc. oats. De-
cember down &c. May up hc. Pro-
visions higher
Noon--wheat; December down lc
May down ssc. Corn. December down
nc; May down &C. oats December
down nc. May down nc.
Close-Wheat: Decetn Der down 1cs
May down - Corn December down
&C. May down lie oats: December.