The Detroit times., 1913-01-16
GRAIN AND PROVISIONS

DETROIT, Jan 16.-Close: Wheat
had a sharp upturn on Wednesday be-
cause people wanted the grain. Elk
porters and mlllers were after ii and
willing to pay the price. Liverpool
opened at an advance on Thursday. but
did not gain quite as much as AmerI-
can bulls expected.
English news was quite bullish. It
told OF higher South American prices
and light exports OF new Argentine
wheat. Demand was active on the con-
nent and millers were anxious for
supplies or high grade American grain
They were In hurry for their wheat
and could not walt for the Argentine
arrivals. Canadian cargoes were quot
ed higher and Australians We're asking
higher prices The continent was bid
ding freely for American wheat Llv-
erpool reported business checked by
the advance.
Public interest in wheat IS increas-
ing and the bulliSh outlook Is recog-
pied by many OF the leading brokers.
The position OF wheat Is steadily gain
ing in strength and the ranks OF the
bulls are increasing Investment buy
ers are looking with favor on the pur-
chasing side. Weather is again taking
Il hand in shaping prices The south
west reports the winter wheat fields
unprotected because OF the recent soft
weather and In a position TO receive
heavy damage In case or cold weather.
Much OF the acreage Is under water.
Wheat was quiet and steady during
the greater part OF the day. but weak
ened on reports that peace had been
arrived at in the Balkans The close
was y lower for cash and futures.
| Corn advanced &c, oats were un-
seed, was steady.
/ Wheat quotations: Cash No red
! S115% May opened without change al
;l2O& and declined to 81. ?ol4; July
| al 20. -
No. l white. s1l4%. Coarse grain
quotations Corn. cash No. 3. Goa G.
No. yellow. 3 cars at 81 a C.: No. yell
] low ears at 4s&c Oats; Standard
/! No. white. 8 cars at s4hc Rye
Cash No. 2 SIC. Beans: Immediate
shipment 2 cars at {2.1s; prompt and
January shipment sans; February
s12; sample, 10 bags at $40 so. 10 a
$3.50; prime alsike. t1S; sample alsike
| 20 bags at s11.50, at SO
| Receipts in the Detroit market OF
! Thursday included 500 bols OF hour 2
| cars OF corn and OF oats. Withdraw
ais were 1000 bbls OF -four. 10000 bl
OF corn and 1850 bu OF rye. Stocks
/ age 792,43e bu OF wheat, l3s.554 bu o
corn. 62,s2O bu Of oats, 2s.sl6 blu o
| barley and 49, $50 bu OF rye.
! Receipts OF wheat Thursday: Mime
apolis. sos cars. against 335 wear ago
| Duluth. 10T cars, against 8; Winnipeg
| $50 cars against 4o6; ST. Louis 10000
! blu against Sc, 900 bu; Kansas City, )
| cars. against 81; Omaha. IS cars
against IS; Chicago. 90 cars, against Z
Liverpool wheat closed u % I'D an
corn X hd higher
Primary wheat receipts were 1.0Si.
Exports OF wheat and -four Thurs
day 9sS 900 bu
Estimated exports OF Argentin
wheat for the week. 1900. 600 bu.
Minneapolis wheat stocks increased
800 900 bu in I'VE days.
TOLEDO GRAIN AND PROVISIONS.
TOLEDO. o., Jan 1s.--wheat; Cash
s1.1sIs May. 2o% July, SIC; Sep.
54Lc; July 55kc; September SIC. Oats
cash 36IIc: May, SIC: July 36hc: Sep
TENDER. 3GAc. Rye: Cash s6kc
Cloyerseed Cash. tt2.47I4 February
si2g2I. March. $3.50: October. ss77h
Timothy: Cash. sl.e5; February. s1.97h
March, 81 Butter. eggs and hay: IN
/ CHICAGO GRAIN.
CHICAGO. Jan. is.-OpeninR =
4 w heat May AMI July down &c Corn
May and July unchanged. Provisions:
Unchanged
|, Noon Wheat. May and July down
&c. Corn May down &c; July un-
shanged Oats: May down NC July
Close Wheat May down &c: July
, down Nc. Corn. May down &C: Jul,
, down Nc. oats May down sc: Juiy
! down kc. Provisions: slightly higher
: May % s5% stu ,aau
, July ~ e2i, sit bsir
: Sept 30 sos Sss ssss
. Nav 6pn 20 80,