The Detroit times., 1912-01-13
MARKETS AND FINANCE
GRAIN AND PROVISIONS.

DETROIT. Jan. i3.--Close. ArSen-
tina has bearish news and lower prices
because ~ Improvement In the har
vest weather and good threshtng re-
turns, while the transportation teatuiS
~ bulIish a railroad strike hinders
he movement and the weeks exports
were almost nothing. Australia AMI
india exported quite IiherdllA, Liver
pool closed with "A decline owing 10 the
favorable Argentine news.
severe weather Just now over the
American winter wheat belt - no
causing any anxiety az the country IL
well covered with snow. crop expert
snow is now returning from south
America and there - a feeling that
less about injury 10 tho crop OF Arscn-
tina VIII come oyer the cables. Many
IN the trade believe tie damsSe re-
ports were Exaggerated and the fact
that Liverpool IN declining tndichtes
that foreign dealers take-tne same
view Best authorities have reduced
the Argentine export surplus under
100. 0Oc. 600 M. which takes great
deal OF tho bearishncss out OF the sit
uation
Supplies I'm this country are enor-
nous and IL will take some fresh bull
ish news 10 put prices on higher
level Reductions since the beginning
of the year have been diSappointlnglN
small and millers complain that deal
ers ard bakers are slow In orderinS
-four.
Wheat lost l. a &c on Saturday and
recovered IL again. closing unchanged:
Corn advanced tac and oats gained
Nc. Alslke cloyerseed advanced Ice.
Wheat quotations: Cash No red.
H.e1A, declined TO Si.O0% and adj
vanced TO $i.0lh. July opened at
IS a c, declined Ia 95is g and closed at
95Ac: No. / white. CSC.
Coarse grain quotations.: Corn--No.
5. car at 6shc. No. 4. car at s1lac:
No. yellow, 2 cars at 641sc. Oats
standard. car st 57Ac closing asked;
No. white, 5ii.c ask ed. Rye--Cash
and january shipment. s3.55; Fehru-
airy, sz.3i: May. ss.t1. Cloverseed--
Prime spot. so bags att SETS: March.
$12.75: sample. il bass AT Sl2.25, at
$l0.25 prime alslke. ie bags at Sill:
sample alsike. Il bags at $1,000, At
sl6,25, 3 at 50. Timothy seed-Prime
spot. $40. Barley-By sample. / car
at s2.4S per cwt. Buckwheat--Good
milling grain, si.75 per cwt.
Receipts In che Detroit market Sat
urday Included COO bbls. OF flour, cars
OF wheat. S of corn. : of oats and
OF rye. Withdrawals were 400 bbls OF
fiour. 72I hu OF wheat. S.970 bu OF corn.
1850 bu OF oats and 1000 bu OF rye.
bu OF corn. $4,000 bu OF oats, l.o75 bu
OF barley and 81, 1876 bu OF rye.
Receipts OF wheat Saturday; Minne-
apolts, Els cars, against 20s yeur
q &c lFuluNHs dkdlilHN 1Hl-
cago, cars. against "a: Winnipeg. -
cars. against %; ST. Louis. 1000 bu.
against $4,000 bu; Kansas City, IL cars,
q gainst 90.
TOLEDO GRAIN AND PROVISIONS.
TOLEDO, o., Jan. 13.-Wheat: Cash.
s7&c;. May. sl.01S July. $3.50. Corn:
Cash. 63%c; May, 66hc: July 66hc.
Oats; Cash. sic. May, 52hc: july
Axe. Rye: Cash. 96c. Cloverseed:
Cash, Jan. and Feb. s12e7ii March.
s13.925s; Mo-, 2, $3.50. No. 8. s12.40:
rejected, S12.20. Alsike: Prime and
jan. S1Il0. March, sll.25. Timothy:
Prime and Jan, s7.32ls March. $40.
Butter. eggs and hay unchanged.
CHICAGO GRAIN-Opening.
CHICAGO. Jan. Is.-wheat: May and
July down hc. Corn: May unchanged;
July down isc. Oats: May down &c;
July unchanged. Provisions lower.
Close--Wheat: May Up &c: July UP
Ac. Corn: May unchanged: July up
lsc. Oats: May and July UP &c. Pro-
visions slightly lower.