The Detroit times. [volume] (Detroit, Mich.) 1903-1920, 1913-02-20
GRAIN AND PROVISIONS.

DETROIT, Feb. 20.-Close. Ptnts
west OF the river reported some mois-
ture on Thursday. rain and snow. which
helped TO take away the bullishness OF
tho crop situation at home The
weather map was rather bullish. show
Ing lack OF moisture.
Liverpool had reports OF heavy Ar
genuine wheat exports for the week,
Indicating large worlds exports on
Monday, This had "A weakening intiu-
ence, which was helped along by
favorable news from India, where the
greater part of the crop has received
the needed moisture and is now in good
condition after very narrow escape,
Winnipeg was steady and so were the
markets of South America, while lead
ing points I'm Europe were easy.
The weather map IL now the most
important feature in the wheat situa :
ton and the western part OF the winter
wheat belt has had no important pre-
cipitation, only small local showers.
Obse rvers say the crop Is not suffering
much, hut as long as the crop - with
out moisture there viii ne bullish
feeling in the trade. Chicago wired
that blg houses were feeding out son. .
wheat on all bulges, but the offerings
are not large and they dry up as soon
as prices decline. The buying side Is
favored by many OF the important deal
ers and some announce that they Will
remain bulls Until the second week IN
April unless something OF an unusual
nature happens in the meantime.
Demand for -four ia slow and miilers
are no. buying but some export bust
ness il reported In the southwest and
at the seaboard.
Cash. MAY and July wheat closed at
an advance OF &c and September un-
changed.
The coarse grains were unchan ed.
Cloverseed declined csc.
Wheat quotations: Cash No 2 red,
500 a May opened without change
at tl.0e1a. declined 10 $l.0si4 and ad-
y al 70 a. Tta1N NJ 4. =
lost u and advanced TO 9sIac. Sep
TENDER opened at 94i. c, declined TO s4c
and advanced to s4i.c, No. white.
sI0s1s
Coarse grain quotations. Corn--Cash
No. 9. +9Ac. No. 3 yellow. cars az
50Ac. No. yellow, 4s+c. oats
Standard, car at S5c; No. white. I
cars at Sac No. white, l car at 33c.
ate, prompt and February shipment
iS2.05 Msy Sab Cloverseed--Prime
I spot, 90 bags at Sl1.75 sample, is bags
/ at 1905, "a at 1925; prime slsike
i 1890: sample alsike. 1S bags at ill15.
/ Timothy seed--Prime spot 20 bags a;
t1.75.
} Liverpool wheat closed Ad and corn
! lad lower.
Receipts OF wheat THURSDAY: Kansa,
I City, So cars; 81 Louis. l0s.o09 bu,
J Omaha; 81 cars. against 20 a year ago;
Minneapolis, 192 cars, Duluth, - cars
against Il; Winnipeg 2iI cars, against
900 Chicago. ~ cars.
I Receipts in the. Detroit marke;
Thursday included 1000 bbls OF -four
. cars OF corn and ~ oats. With
drawsls were 1000 bbls Of -four aud
! l3,co0 bu OF corn. Stocks are t97, 4Oi
( Blu OF wheat. 1876. 209 bu Of corn, SO, $50
bu OF oats and 22,S55 bu OF rye.
Exports OF wheat and four Thursday,
$1,000 bu.
Primary wheat receipts we're $4,000
bu on Thursday.
CHICAGO GRAIN.
CHICAGO. Feb. 20--Wheat was
easier today on lower Liverpool cablea
and large Argentine shipments, Favor
able news from india also aided the
bears. May wheat opened down hc.
but July held nrm
Corn held irm, despite lower cables,
"A lively demand holding the price up.
Oats were weak and dull May
ortned unchanged TO down nc. and
July was down Nc.
Provisions again had weak open
Ing, with a marked decline.
CHICAGO. Feb. pope ming
Wheat: May down nc, July unchanged.
Corn May and July unchanged. Oats:
Nav unchanged. July down nc.
Noon--Wheat: May up &c; July un-
changed Corn: Nav and July up "a e.
Oats May unchanged: July up i.c.
Closc--Wheat. May uD &c, July up
&c Corn May up &c, July up i4c.
oats. May unchanged. July up y g. Pro-
visions: Higher.