The Detroit times. [volume] (Detroit, Mich.) 1903-1920, 1912-01-09
GRAIN AND PROVISIONS.

DETROIT. Jan. s.--C1ose: Chicago
followed an early showing OF strength
In Liverpool wheat on Tuesday and q
little later broke away and declined
Argentine news was buliish and forced
Liverpool higher. The harvest fields
OF the south had heavy thunderstorms
and continued rains and operations in
the fields were brought to standstill
The feeling on change is favorable
TO higher prices for wheat The easy
tone on Monday came from easy cables
and favorable Argentine weather. but
that Is all changed now. Not only Is
tho weather bad I'm South America. but
transportation difficulties are prevent
ing the movement of the grain TO the
seaports. When the wheat does move
IL Will be of poor quality and damp
probably too damp for European mill
Ing. Taking everything into consider
alton. the Argentine outlook 10 not NJ
all favorable to lower prices.
Al home there IL Improvement In the
cash wheat situation. Mills are buyin
more freely. but the decrease In Chi
cago stocks and reduction in the visible
supply are rather disappointing. Mills
are getting their wheat at southwest
ern points and direct from the coun-
try. Receipts at all leading north
western points are larger than . year
ago.
Wheat weakened as soon as the size
OF the worlds visible supply increase
was shown. Prices went a cent under
Mondays close and later recovered in
part. closing at a loss OF NC for
the day.
Wheat quotations: Cash No. red,
$40: May opened with an, advance OF
&c at s1.02, declined TO $1,000 and
closed at s1.01h: July opsned at behc.
declined 10 s5hc and closed &C s5&c O:
No. white. CSC.
Coarse grain quotations: corn--cash
No. 8. s2hc; No. 4. 2 cars at 6okc;
No. 4 white, ] car at 61hc; No. yell
low, cars at e3hc; No. yellow, 5
cars at I've; sample. car at 5shc.
oats-standard. size asked. No. .
SIC Beans-1mmediate, prompt and
January shipment. sass; February.
sass: May, s245 Cloverseed-Prime
spot and March. '12.so; prime aIsike.
1920, Bariey-Best samples. ,2.i5@
s4s per cwt. Buckwheat-Good mill.
Ing samples. &l.76 per cwt.
Receipts In the Detroit market Tues
day included 1895 bbls OF -four. With
drawals were 1900 bbls OF -four, 1910
bu OF corn and $3.50 blu Of oats Stocks
are 5sO.21S bu OF wheat. 174,Ts2 bu OF
oats, 100000 bu OF oats. 1855 bu Of
barley and 39.Ss5 bu OF rye.
Receipts OF wheat Tuesday: st. Louis
5000 Blu, against $4,000 bu a year
ago; Winnipeg, 361 cars. against 81:
Minneapolis, 212 cars against l42 Du-
luth. ~ cars. against So; Kansas City,
10 cars. against rs: Omaha, "a cars.
dBtln1N 20
The worlds visible supply of wheat
increased 7.925.000 bu last week
Exports Of wheat and -four Tuesday
were $4,000 bu
Liverpool wheat closed u n sd and
corn kG Nd higher.
Primary wheat receipts Tuesday.
$4,000 bu: year ago. $4,000 bu.
TOLEDO GRAIN AND PROVISIONS.
TOLEDO. O.. Jan. s.-wheat: Cash,
81 &c; May. sl:o1%; July. ssAc. Corn:
Cash. sane; May and July, sec. Oats:
Cash, 50hc: May. 51Zo: July, 47kc.
Rye; Cash CSC Cloverseed: Cash Jan
and Feb. t12.70; March. tl2.e5: No. .,
sl2.40 No. ,. si2.20: rejected, s1l.90
Alsike: Prime and jan. s1l05: March,
tll.20. Timothy; Prime and Jan, t735;
March, f:47h. Butter, eggs and hay
unchanged.
CHICAGO GRAIN OPENING.
CHICAGO. Jan. 9.--9rain opening
Wheat: May up &c: July up &c
Corn: May and July up re Oats:
NAV up nc; July up &C. Provisions
slightly lower
Noon--wheat: May down &c; July
down &c. Corn: May down &c: July
down kc. Oats: May and July down a g.
ClOse--Wheat: May and July down
Corn. Nav daWn I,.Ix,