The Detroit times. [volume] (Detroit, Mich.) 1903-1920, 1913-01-23
MARKETS AND FINANCE
GRAIN AND PROVISIONS

DETROIT. Jan. 23.-Close: Liverpool
was easy at the start and later gained
a. little strength The feeling at the
opening here was quite bearish AT.
gcntina is Offering wheat freely ana
the war has no more bullishness LETT.
some OF the wheat bulls are little
discouraged at the lack OF support
shown during the past few days. Prices
hav' had good dip and II looks as II
buyers should come In now ~ they IN
tenc 90 prevent further decline.
y heat Is near TO an export leNel ana
the advance in Liverpool shows that
the Argentine news ~ not having a
brarish effect over there. Liverpool re-
9orts the improved political outlook as
a bearish influence, and the declining
side is helped also by forecast or
larger Argentine exports In the near
future. The bullishness that put prices
up later was on 'unfavorable weather
iu northern India which caused some
covering Of March contracts. The
continent Is still buying carsoes quite
freelv An advance was checked by es-
Inmates Of large worlds exports.
majority OF dealers favor sub
stantial decline In prices. In support OF
;his belief they point TO the heaVy
northwestern receipts. lack OF buying
o; cash wheat. number OF the large
professional traders In Chicago are be-
heVed 10 be heavily short Argentine
exports are estimated AZ 100000 bu
for the week and American exports for
Wheat was easy early and dectdedly
weak later The close was At loss
~ lsc In cash, &c in May and nc In
-IulXl
Corn declined &c and the other deals
Cash wheat quotations Cash: No.
red. STA MAY opened without
change at sliS. declined TO Sll7i7. adj
yanced to $l.l14 and closed at $l.ls
July opened III s6L declined TO s6c.
advanced 10 9el4c and closed AZ 1854 C.:
No. white SI.11
Coarse grain, .quotations--Corn Cash
No. >. Doc. No. yellow. . cars at sic.
No. ! yellow. is4ac. Oats standard :
cars al 35c. No. 3 white. ears az sic;
No. 1 white. cars at 33C Rye. Cash
No. ?. 62lsc Beans: Immediate.
PROMPT and January shipment t2.l5,
SPOT N52o. prime aisike. ,is.e5. 49,
Wheat stocks at Detroit increased
10000 bu and at Minneapolis decreas-
ed 10000 bu so far this week.
Liverpool wheat closed = q I'D high
er and corn 4. a nd lower.
Exports OF wheat and Hour Thursday
were 1886. 600 bu.
Receipts OF wheat Thursday: Kansas
ClJ, 81 ears. against 81; omaha. SO
against FJ.uU0 bur Dutuh s. cars
against 20. Minneapolis 40s cars
against 10
Receipts in the Detroit market on
I lAl SudN lnCluueu -,VuU Dds OF UOuT, .
cars OF corn and Is OF oats withdraw
ais were 1000 bu OF -four and %. 200 bu
f corn. Stocks are 1915 bu OF
wheat 2l9,509 bu OF corn 81. $50 bu OF
oats and 1880 bu OF rye.
Primary wheat receipts were l.l25.-
600 bu. against $4,000 bu year ago.
TOLEDO GRAIN AND PRODUCE.
TOLEDO. o. Jan 23.--Wheat: cash.
81 u May. $l,l4A July, 95hc Sep
TENDER, 92l7c Corn: Cash 6034 {.
May 53s. July, 5ii1c. September.
80 sc. oats: Cash, CSC. May SCI. c.
July, See: September. 35Ac. Rye:
Cash o4c. Clovcrseed: Cash and Janu-
airy, Sl-52ls February, Sl255. March.
Sl2.52E October. $50 Alsike: cash,
tl592E March, $3.50. Timothy: Cash,
StS5. February. sly2is March.
slsE Butter. eggs and hay: I'm
changed
CHICAGO GRAIN.
CHICAGO. Jan 23-opening -
Wheat: May and July unchanged
Corn. May down isc; July down 1.c.
oats: May and July down i &C. Pro-
visions: Lower.
Noon-W heat May and July down
&c. Corn May unchanged; July UP
&c, Oats May and July down &c.
Close-W Wheat May down &C: July
Gown sc. corn: May down Iac; July
down sc. Oats: May down n c: July
down Pc Provisions: Unchanged