The Detroit times. [volume] (Detroit, Mich.) 1903-1920, 1913-02-08
GRAN AMI PROVISIONS

DETROIT. Feb. S.--Liyerpooi came In
with lower prices on Saturday because
OF the American weakness OF the day
before. Exporters are not able 20 sell
anything abroad as foreign prices are
far from an export basis While LIVER
pool u very prompt at following de-
eiines on this side OF the Atlantic. there
H. much tear over there about the con-
dition OF the wheat crop OF India. liz
has been suffering because OF drought
for long time. A little rain camo
early I'm the week. but IL was not suf-
ncient and the weather has been dry
ever since. Another week OF this
Weather Will result in the loss OF about
10 per cent OF the crop. Cables ON
Saturday called the outlook very SER
ious. Butnos Ayrss prices held Arm.
but private cables said clearanees OF
cargoes late In the week We're heavy
and this helped 10 mako the market
easy. The large worlds exports are
not having much effect In weakening
values because the wheat is all wanted
ana goes promptly into consumption
March shorts In Liverpool were cover
lng.
Feeling In American wheat markets
" itss pulllsh. Weather over the win
ter wheat country is milder and IL is
reported that the coverlnf OF snow In
quito suincient over the greater part
Or the wheat belt The visible supply
~ expected TO make a bearlsh showing
on Monday. and about the only thing
the bears are afraid OF IN "A bulilsh de-
monstfatlon In corn or some foreign
trouble that may put Liverpool prices
hiHhcr the southwestern markets arc
easy and offerings OF wheat are in
creaHng, The northwest reports a
dull hour market and Increasing stocks
OF wheat.
the strength In wheat on Saturday. IL
was rumored that England and Ger
many were taking "A hand The mar
ket closed y a &c higher
y, Ihe coarse grains were steady and
cl2vtrseed advanced &c.
Wheat quotations: Cash No. 2 red.
NlSh May opened without change
al WIG and advanced to $l.16N; July
opened at s6lsc and advanced TO 97c;
yanced 10 csc: No l white, sl12A.
Coarse grain quotations.: Corn. cash
No 3, .s1hc; No. 5 yellow. cars 1t
ss2hc; No. yellow, Bic. Oats; stan
8 cars at 34hc. Rye; Cash No. ?. sac.
Bcrns: Immediate. prompt and Febru-
ary shipment, s2l0; May. s2,20. Clover
seed; Prime spot. so bags At t12.t5;
prime alsike. sls.4O: sample aisike.
BAGS at $i2,50. 8 at sl1 Timothyseed:
Prime spot, 80 bags at $50.
Receipts I'm the Detroit market Sat
urday included 2.eoo bbls of -four.
mr. ~ wheat. Of corn and of oats
Withdrawals were 1000 bbls OF flour
stocks are 50A.ls6 bu OF wheat. 2121Ol
Ia Of corn $4,000 bu OF oats and a. ESQ
bu OF rye.
Receipts OF wheat on saturday: Min
nenrolis. 2Ts cars. against 1913 n wear
ago: Duluth, 81 cars. against IL Win
uireg 2S7 ears. against sS5: Chicago.
30 cars. against 20: 81. Louis. %. 900 IN.
against $4,000 bu: Kansas city. ITO
cars. against ss; Omaha. 90 cars
Fgnirst 16
b. Wheat stocks in Kansas City In
'treased n 600 bu I'm five davs and ore
now +,7el.o blu. against 100000 bu
wear ago.
t:yports OF wheat and -four Saturday,
r-e eOo bu
Primary wheat receipts were $4,000
hu against iaa 600 hu year ago.
CHICAGO GRAIN.
CHICAGO. Feb. S.--Yacillation with
an nndertone OF steadiness marked the
quoted up In the early trades. but lost
ground i'm few minutes. May opened
up bc but then declined u mhsc, and
July opened firm and also lost "a N re
May and July corn each opened up i4c
and then declined Lc when large Of
ferings were brought out. May oats
opened up &c and then dropped TO the
closing level or Friday. and July
opened up &c. and then lost asc
slight gains were made by provisions.
!. dCHIcAqo. Feb s.--opening-w Wheat:
May up 1sc; July unchanged. Corn:
Sc. July up Ac. Provisions: Higher
Ciosing--wheat: May up &C: July mp
&c. Corn: May up &c; July up Ac.
Oats: May UP hc; July up 1.c Pro-
visions: steady