The Detroit times. [volume] (Detroit, Mich.) 1903-1920, 1913-02-15
MARKETS and FINANCE
GRAIN AND PROVISIONS.

DETROIT. Feb l5.-Close: Friday :
strength IN wheat was due largely 20
the covering 90 shorts by bears VINO
took fright At some early crop dallaeS
kansas and Nebraska report the
India reported liberal raias in the
PuEjauh. but nothing was sNd ABOUT
any Improvement IN CROP condtlohs VA
the other dry prov inres. Russia re-
ported cold weather ami little snow
protection. Liverpool was hrm 81
good continental demand, increased
bpSing by mlllers, forecast OF shte1
American experts 20 LlNerpool anu
higher prices asked Tor distant Platte
sh pments
While the Detroit market was et-
fccted by it's usual saturday quletheSs'
tho general tone was hrm. western
states report that the ground was cry
last fall the snow aud rainfall m
been light MI winter ana now we
ground Is dry with the beginnlns 81
vegetation at hand This makes very
hullish outlook, especially IN the 'n"i p
grains for feeding win be large ~ the
absence OF pasturage in case thc spring
continues dry.
The southwestern movement ot wheai
IL decreasing. but demand for wheat =
small Mills are loaded up with aour
and stocks are large IN the hands OF
dealers. The prospect favors Gun
fOur market. Exporters are not tax
ing much wheat. little Manitoba
grain was sold for export during the
week. but not enough 20 strengthen the
market much,
Exporters were buying in Winnipeg
on a liberal scale and prices gained
lie
Wheat ruled Arm early. hut later de-
clined and closed at Fridays last price
Corn was easy and unchanged oats
lost / l.c and closed weak. CloNerseed
advanced Zoe.
sl.0S, MAY opened without change az
sl.l0A., advanced to Sl.lOiE and DC
clined TO s1.l0L. July opened at 80 G
gained &c and declined 90 So<c. sep
tcmber opened at s4c. advanced 20 ~ lse
and declined TO 94c. No. l white. Slpt
Coarse grain quotations. Corn--C cas- -
No. 3. 50c asked No 3 yellow, ole
asked; No. yellow. 4s1sC Osts-Stan
dard car "a 35Isc, closing At sos
asked No. 8 white. cars AT 3iAc.
at SAKE. claslng at sac asked. No.
white. . cars at s3b1c, closing at SSS
sample / car a sic. Rye-Cash No. ?
CSC Beans-Immediate, prompt ana
February shipment, s2.l0, May, S.-p
s1e.10; sample. 10 bags at Sill. is az
se.75, "a at $685.. prime alsike. $3.50
sample alsike. IL bags at sll.5O. Tim
othy seed-Prime spot 40 bags al
s1.75
Wheat receipts Saturday; Southwest
$4,000 bu. against 100000 bu year
ago Duluth. 81 cars, against 10; Min
neapolis, 26l cars, against IA; Winni.
peg. 2l6 cars, against $40; chicago ia
cars. against a.
Primary wheat receipts were s41. DOT
bu. against 57l, 600 bu a year ago.
Receipts in the Detroit market sat
ucGay included 1000 bbls OF hour, l car
OF wheat. OF corn and J Of oats
and $4,000 bu OF corn. Stocks are 49,.
404 bu OF wheat, 20+,249 bu 81 corn
62,93O bu OF oats and 24355 bu OF rye
Exports OF wheat and -four SATURDAY
$4,000 bu
TOLEDO GRAIN AND PROVISIONS.
sl.0Ts4 May, $1.csx. July. 96tc: sep
TENDER. 92&c. Corn: Cash. 10l.c; MAY
stl.c; July, SOC: September sc. Oats
Cash, S5Lc; May. 3SISc July S6&c
September. 3s'sc.. Rye: Cash sSc oloy
March. tl2.30: April. sl2oS October
$40. Alsike: Cash. S13,55 March
tl3.45. Timothy Cash and February
s1.T214 March, Sis. Butter. eggs ant
hay: Unchanged.
CHICAGO GRAIN.
CHICAGO, Feb. 18th. grain mar
ket opened sluggish today. and prices
underwent little change in the scatter
ing trades. Later bullish news from
Liverpool brought an upward tronc
Nav wheat opened Arm. and after IN
Uthl HOuI NdIutd = e.. - AlJ pF'hcN y :
and I'm q sudden squirt rose &c. Corr
was easier. May opered nrm and late
was up = e. and July opened down sc
but later recovered 10 opening quota
tions Oats opened firrn and remained
steady. Provisions were litti'
stronger than at yesterdays close.
CHICAGO. Feb 15.-open
Wheat: May unchanged July up &c
Corn: May unchanged July down 50
Oats May unchanged, July unchanged
Provisions. Higher
Close-Wheat. May down &c .full
down &c. Corn: May and July dOwr
&c. Oats. May down sc, July dow
jac. Provisions. Steady.