The Detroit times., 1912-12-18
MARKETS AND FINANCE
GRAIN AND PROVISIONS

DETROIT. Dec. 1N-Closc; 80 far
this week wheat prices have been SuS-
tanned at what the bears consider a
high level by fears of damage to the
Argentine crop, which IL now being
harvested Little else has any impoF-
tant influence ia holding prices mp.
While war talk still has It's inhu-
encc in holding short sellers IN
check, few dealers take any stock IN
the rvOpCning OF hoStilities. and Will"
There viii be more or less nervousness
until the troubles have been settled,
the war is believed 20 be ont OF IL a
- price advancing factor Prices never
depend on the Argentine harvest anu
as loug as weather m south America IS
not faN orable AZ Viii be dtncult 10 put
prices down, Notwithstanding the-beaf-
ishness OF tue statistical position AZ
home The feeling In Liverpool gained
in bullishness after the steady open
ing and a fair advance was recorded
before the close. Broomhali's cable was
rather strong and based its sirens IN
on the danger TO the Argentine crop.
much OF which is not yet out Of danger
Chicago commission houses were
pretty good buyers ana the May oplon
appeared quite firm. sentiment -
favorable 10 the buying side. but buy
ing power is limited 10 scattered or
ders held by commission houses. stocks
In Europe show a heavy decrease aud
consumption is on a very large scale,
IL II figured that Europe must get into
the market soon as "A heavy buyer.
Wheat was strong all day and closed
az AN advance % lc for cash and l. q
4. for the futures.
Corn advanced &c and the other
coarse grains and seeds We're steady.
Wheat quotations. Cash No. red.
$1.01h; December opened without
3l07ls May opened At Si.1lh4 and adj
yaLced TO Sll2. July opened at csc
and advanced 10 s3iac, No l white
S.06 Corn cash No. 3, 4S%c; No. )
bid. Oats Standard, 37c; No. white
ear at S6c, Rye Cash No. ., 62c
Beans All shipments. s2ls. Clover
seed; Prime spot, Si1.30; sample, 20
bags at $40. II AT 1915, 4 at $3.50:
prime alsike. sl2.60; sample alsike. s
bags at sl1.25. at $40 20
Receipts In the Detroit market We'd
nesday were 1000 bills OF -four. cars
OF corn. IL Of oats and ] OF barley
Stocks are Sss.7l3 bu OF wheat. lsO.754
bu OF corn, 70.956 bu or barley and
$3.50 bu OF rye.
Liverpool wheat closed L9Asd and
corn y n 40 higher.
Wheat receipts on Wednesday: Kan
sas City. Il cars against lS year
ago; Omaha, AZ cars aginst Il: Chi
ego. - cars. against 80: Minneapolis,
Gil cars. against %2, Duluth. ass ears.
against 800 Winnipeg. 776 cars,
against 56s; 81. Louis, $1,000 bu. against
24.O0n blu.
Exports OF wheat and -four Wednes-
day. S7l 900 bu.
Primary wheat receipts were 1.22S.
900 bu against SAC 900 bu a year ago,
TOLEDO GRAIN AND PROVISIONS.
TOLEDO -, Dec lS-Wheat: Cash
and December. $11iA May $l.15I4 .
July 9S&c corn: Cash and Deem
Der, 50iac May. 5OAc; July. 5l1ac.
oats: cash. December and May. 36c.
Rye: Cash, csc Cloversoed: Cash and
December, S1l,47~ February and
March, sil.55. Alsike: Cash and De-
cember. $3.50: March, $l3. Timothy.
Cash and December. 81: February.
S2.05; March, s207l2 Butter. eggs and
hay Unchanged.
CHICAGO GRAIN-Opening.
CHICAGO. Dec. lS-Wheat: Dec up
&c. May up lsc Corn. Dec. un
changed; May up &c. Oats: Dec. and
MAY unchanged. Provisions lower.
NOon-Whe heat: December down Isc;
May unchanged. Corn: December up
1.c, May up sc. oats: December up
Ac, May up sc.
CIose---W Wheat: December up sc,
May up hc. Corn: December up / !. c;
May up nc. Oats May and December
up sc Provisions lower.