The Detroit times., 1913-01-20
GRAIN AND PROVISIONS

DETROIT. Jan. 20-Close; The mar
ket for wheat had bearish look dur
Ing the early trading on Monday. To
begin with, the Liverpool market was
sharply lower and bears were feeling
tina, their time for a profitable bust
ness was on hand.
Lower American prices on Satur-
day and an increase In worlds wheat
exports gave. Liverpool its early weak
ness Liquidation started early. Heavy
American exports and lower offers OF
Canadian wheat helped the decline.
while South American conditions were
considered quite favorable TO lower
prices Liberal Argentine exports were
reported and weakness was increased
liz the fine weather for securing and
forwarding the Argentine crop Cash
English markets were under pressure
and nearby cargoes were freely Of
Tered. All exporters were HDera1 IN
their offerings.
At home the outlook was less bear
ish owing to the unprotected condition
OF the winter wheat fields. The snow
has all melted and the moisture supply
has been SO great that low fields are
covered with iccs A severe cold wave
ia predicted and great damage may re-
suit IL the cold Is not preceded by
snow. Stocks OF wheat In Minneapolis
have been decreasing for several days
and milling demand IL active, while
spring wheat receipts are falling on
wheat in sight TO fll all demands and
the ranks OF the believers In lower
prices are increasing.
Wheat ruled dull and weak Mon
day closing at loss OF ic.
Corn declined !. c. oats y c and Glow
erseed advanced loo.
Wheat quotations: Cash No. red.
s1.14L May opened with loss OF !. c
at Sl.19i5 and declined TO slIsA July
! npened at e7lac and declined 10 CSC;
j No ! white, Sl.13is Coarse grain quo
/ tations. corn, cash No g. I car at
! 5Oi.c. at soc; No. yellow cars al
f5iLc at sic. No. yellow. . cars at
7 49c. Oats: Standard. 35iAc asked: No
/ . white. ! car at 34izc. closing asked
I No. Z white. cars at 33isc. Rye. Cash
/ No. , sc. Beans: Immediate prom p,
and January shipment. S2.15; February
1910. Cloverseed Prime spot. 81 10
sample s bags at 1915. at 50; prime
alsike. Sl3.i5; sample alsike, 10 bags
at s1I25
corn x n I'D tower Minneapolis wheat
stocks decreased 10000 bu for two
days. Wheat on passage shows an In
crease ~ 100000 bu.
Worlds wheat exports last week
were 100000 bu. OF which Russia
furnished 24SO00 bu and the Danube
I.0le 900 bu.
Receipts OF wheat Monday Chicago.
apolis $40 cars. against 7+5: Duluth.
IS cars against IL; Winnipeg. 3sT cars,
against 6ls: ST Louis 27s 900 bu.
against 50 900 bu; Kansas City, l79
cars against To- Omaha. es cars,
against rs
Receipts in the Detroit market Mon
day included ] 900 bbls OF -four cars
OF wheat % Of corn and l3 OF oats.
Withdrawals were 1000 bills OF -four.
Il. OC0 bu Of wheat and 2S.916 bu OF
barley Stocks are 1872 639 bu OF wheat.
si2 900 bu ~ corn. 67.420 bu OF oats
and a. $50 hu OF rye.
Exports Of wheat and -four Monday,
$4,000 bu
Primary wheat receipts were 1870, =
40 bH against e7,noh Oh "a year ago.
Tho visible supply OF wheat lncreas-
ed So 600 bu last week ~ corn In
creased s2s 900 bu and OF oats lncreas-
ed So! goo bu
CHICAGO GRAIN.
tfffe7teitf. -s = an 2e-Opening -
Wheat May down &c. July down &C.
Corn May and July down &C oats:
Nav M Il c. July unchanged Pro.