The Detroit times. [volume] (Detroit, Mich.) 1903-1920, 1913-09-12

DETROIT. Sept. li.-closs: This
wheat market had little life In tn'
l early trading and the feeling was easy
owing TO plenty of rain In the south
west Conditions now favor "A gooc
acreage OF winter wheat Tor the mex
crop and favorable soil conditions
Michigan farmers are doing "A lot OF
blowing and In some parts OF the stats
| the wheat acreage will be about, doubls
that CT last crop. The rains viii no,
help corn. but pastures VIII DC neipeo
and that will reduce for a time the ac'
tive demand for feed, exerting siisht.
| ly bearish influence on yheat. Wheat
(, Is not showing much weakness In view
| Of the tie crop shown In the recent
government report. and IL Will reQuirs
lot OF liquidation in corn and oats
to cause weakness. This kind OF sell
ing IL not showing itself In any grain
market, for the stun sold IL always
promptly bought back on any decline
Selling pressure developed early In
Liverpool and an opening advance was
quickly turned into Z loss. Weakness
was greatest in near months Realiz-
ing was induced by cheaper Canadian
Offers. larger shipments from Argen.
tina and good weather In the United
Kingdom. Cargoes were pressing on
the Liverpool market Heavy realizing
weakened the corn market owing TO "A
forecast OF large Argentine exports
and no enquiry for cargoes.
Spring wheat Is not moving in sum-
ctent volume Yet to be "A bearish factor.
Duluth shows an increase over "A year
ago. but the total at Duluth and Min
er says .threshing returns show q yield
In North Dakota rather above the av-
erage. Estimates Of the yield or the
northwestern states are now placed as
Of the wheat situation. Winter wheat
receipts are not increasing.
Wheat ruled easy during the greater
part Of the day and closed at loss
Corn and cloverseed were unchanged.
Rye declined i1c and oats nc.
Wheat quotations: Cash No red.
s4kc: September opened with drop
sf to o. BBssns opened sns at
$50 and declined to s7hc; May open
ed at si.os. lost Nc, moved up to N.osh
save. Coarse grain aSotations: Corn.
at ;sc; No. 3 yellow. 7sisc. oats: stan
dard. ears at 45lsc.- closing at &c
No. 3. esxc. Beans: Immediate and
prompt shipment, 1.so; October. si.sS
Cloverseed: Prime October. 1878: De-
20 bags Il .s.s5. 10 at $3.50; October
alsike. >1o.25: sample alsike. 10 bags
at $40. Timothy: Prime spot. S2so.
Alfalfa: Prime SPOT. IS: sample. -
bags At ~. Barley: Good samples,
Minneapolis wheat stocks increased
leo. 900 bu In fve days.
Wheat receipts on Thursday: Du-
luth. S&7 cars. against 55S year ago;
Minneapolis. 3S4 cars. against 44S:
Winnipeg. 361 ars. against 81: Chi
cago. ia cars. against 225: southwest.
49, 900 bu. against $4,000 bu.
Wheat In Liverpool closed y q y d
and corn I'd lower
Primary wheat receipts were 1861
900 br. against 203s.0 900 bu a year ago.
Exports Of wheat ana -four Thurs
day. 411,000 Blu.
Flour receipts on Thursday were
900 bbls. compared with 500 bbls.
year ago. Shipments were 1000 bu.
Receipts OF wheat were 10 cars.
against 2 year ago. Stocks are 49,
$50 bu. compared with 10000 bu a year
ago.
Coarse grain receipts were cars.of
corn, OF oats and s OF rye. With
dra walls were 1000 bu Of rye. Stocks
are $3.50 bu Of corn, 1850 bu OF
oats and 41.250 bu OF rye.
Inspection Of hay THURSDAY. cars
Prices a year ago in the Detroit mar :
ket were S1.O6k for No. red wheat.
sic for No. corn and 1914 Tor stand
ard oats.