The Detroit times., 1913-01-13
GRAIN AND PROVISIONS

DETROIT. Jan. 1s.--Close: The
Balkan war has several times been
eliminated from the wheat market as
price maker. but IL comes back and
is still TO be reckoned with. The big
exports are attracting attention and
bears expect help from the snow.
The opening on Monday was quite
strong and early wires told OF active
and foreign buying OF hard winter
WHEAT. This more than balanced the
hne weather ard favorable crop re-
ports. Winter wheat now has good
covering OF snow. which furnishes the
protection and moisture needed. and at
the same time Argentine reports are
favorable, which accounts for an cas-
Ter feeling in Liverpool
closely watched They have been fall
ing of for some time and the cause
has been In dispute. Some dealers say
the bad weather caused IL and others
Insist that il Is the natural dwindline
that shows the bulk OF the movement
TO be over. The return OF good wealth
er Will show which is correct The
cash and milling situation is decidedly
healthy and there is a big chance that
the balkan situation will again become
acutely bullish. The weeks exports
we're liberal from this side, but small
from other exporters.
Kansas City reported a good demand
for cash wheat and elevator concerns
III NhANdkO itPpINcu BOOn Sdlcb w hSoe
advanced &c for cash and May and nc
for July. The close was Arm.
The coarse grains and seeds were
unchanged
Receipts Of wheat Monday: Chicago.
SO cars, against a year ago; Winn'-
peg. 52s cars, against 400; Duluth. $50
cars. against IL. Minneapolis. 392 cars
against 459: St Louis. 1872 900 bu.,
against $4,000 blu; Kansas City, 116
/ cars. against ~ Omaha, 10 cars,
against IS.
Minneapolis wheat stocks increased
10000 bu in two days,
Liverpool wheat closed u lower and
corn unchanged.
| Wheat on passage amounts 70 2s
1872 900 bu. against 90 6S4. 900 bu last
week and 27.776900 bu year ago
/ worlds wheat exports last week
were 9696, 900 blu. OF which Russia fur
nished $4,000 bu and the Danube 6ot
600 bu
Receipts in the Detroit market Mon
day included 1000 bbls OF nour, 2 cars
| OF wheat. III OF corn and IL Of oats
and 81 900 bu OF barley. Stocks are
I 792.439 bu OF wheat 166,754 bu OF corn
5000 bu OF oats, 2s.s1s bu OF barley
and &c, 700 bu OF rye
! The visible supply OF wheat increas-
! ed s45 900 bu. Of corn s45. 900 bu, and
of oats 1856, 900 bu last week.
The American visible supply now
AMOUNTS to ss;ls7,ooo eu. compares
| s7s. 900 bu a year ago.
Primary wheat receipts were l.. 3ss.'
900 bu. compared with $4,000 bu Q
iyear ago.
Exports OF wheat and -four Friday
] 10000 bu.
Broomhall has increased his estimate
OF the Argentine export surplus from
1873 900 900 bu TO $4,000 900 bu
! Wheat quotations. Cash No RED
lSI15h; May opened without change a.
s11s. advanced TO sl1sN, decllneu u
/ Sl19h and closed at $40. July opened
! at s7hc. lost y c and advanced TO CSC
\ No. white s1.1th
| Coarse grain quotations: Corn--Casf
No 3, I car at Soc No. yellow. : cars
at SIC; No. yellow, cars at tsc Oats
Standard 36hc; No. white. cars
at 35hc; No. 4 white. 34kc. Rye
Cash No. .. SIC. Beans-Immedlat ate
prompt and January shipment, ~.
February, t215 Cloverseed-Prime
spot sIis5; sample. 10 bags at $40.
at IS 7! prime alsikn, 1920: sample al