The Detroit times., 1913-01-31
GRAIN AND PROVISIONS

was quite firm on Friday closing with
a moderate advance. The feeling on
this side OF the water was favorable
TO higher prices, but trading was not
active. Chicago reported good early
support.
While some bullish help in wheat
was received from Liverpool. the
weather outlook at home was probably
more important as booster OF prices.
A cold wave OF great severity is her
aided and much of the winter wheat
crop IL unprotected by snow. Zero
weather Is reported over some parts
OF the west and elsewhere IL is very
cold, even pretty well 10 the south.
IL Is dangerous enough TO create much
anxiety on the part OF wheat dealers.
ter wheat last winter still fresh In
MIND. shorts are in no position TO take
chances with crop that has had no
snow during the greater part OF the
winter. Wheat is In something OF a
rut and IL may take a good deal to
get Il out, but dealers are closely
watching the weather and foreign poll
tics for bullishness. II is hard for a
dealer TO see anything just now except
a scalping market
Liverpool was strengthened by the
Balkan troubles. During tho session
the feeling became easier owing TO es-
Inmates OF large exports from Argen
tina and heavy worlds exports for the
week. but shorts did some covering
later because Of good demand for car
goes and nrmness shown In Australian
wheat.
The northwestern movement Of
spring wheat IS still moderately lib
/ sral and exporters are not placing any
new business. Milling demand shows
some Improvement.
Wheat was lifeless and rather easy
I In the early trading but gained activ-
ity and strength later, closing with
cash and May lc higher and the other
futures "a q nc higher
Corn and oats advanced nc. The
/ other coarse grains and seeds were
stssdy
Wheat quotations: Cash No. 2 red.
! Zip May opened with an advance OF
( hc al Sl14t lost &c. and advanced
! clined 20 $3.50 and advanced to s6c;
September opened at 94c lost nc and
/ advanced 20 9ic: No l white Sill.
Coarse grain quotations Corn. cash
I No. 3. 49i7c, No. yellow. 50Lc; No.
+ 4 yellow, 49c. Oats: Standard. cars
at 35ifc. No. 3 white. ! car at 34hc:
No ( white, 33ta C. Rye: Cash No g
CSC bid Beans All deliveries. s21o
| PIE, 20 bags at $40. 10 1T 81. 20 at
! 80 ~; prime alsike. 1890 sample al
sikc. 10 bags at 112
/ Receipts In the Detroit market Fri
day included 900 hbls OF -Four. I car
( ~ wheat ~ Of corn and OF oats
( Withdrawals were 0n0 bbls OF -four
2 0CO bu 81 wheat and 6 00n bu OF corn
Stocks are 505,32G bu % wheat. 1913, 70s
$50 bu OF rye
I Liverpool wheat closed uaI.d
! higher end corn unchanged TO I'd
higher
Receipts OF wheat FRIDAY, chicago
81 cars. AGAINST - year ago: Mime
apclis, 2ee cars. against 200. Duluth. .
. carr agaiEst Il -INirIIa4-z-Laz- -a--
against 222 81 Louis, 10000 bu
/, against $1,000 bu, Kansas CITY. % cas-
agains. 30. Omaha. - cars against "a
Argentine wheat exports FOR the week
were i.o72,o00 bu
Exports OF wheat and -four Friday.
Primary wheat receipts were o.. ooo
bu. against AZ 1000 bu a wear ago
Weeks whent exports exclusive az
! North American are estimated al o. {.
sS7l,00c bu, making the probable
| weeks movement 1851 600 bu
! Argentine wheat visible supply
$4,000 bu week ago. $3.50. 600 bu wear
TOLEDO GRAM AND PRODUCE.
| TOLEDO. Jan. 81 Wheat cnsn.
tember. es%c Corn cash. SOC !, /.
! Nav. 54Rc: July. 55ttc. Sspternb.r
CSC. oats: Cash. 35c May and Jult-
2s5fc; September, acc. rye. Cash. s4c.
ruary. S12.5Ti4. March. sl265; October
SSG5 Alslke: Cash. 1880 Marcb
S13.eO Timothy: Cash and February
s1.s6; March, 1920. Butter. eggs and
hay. Unchanged
CHICAGO GRAIN
CHICAGO. Jan. 31.--Unfavorable no.
litical DEVELOPMENTS In Europe and tbs
fear OF cold wave helped TO ssnd
wheat up today May sold up &c ana
July WI &C. Corn had slight decline
at the start. but rose again on cabicd
reports Of light Argentine shinrnepte
MAY corn was M - and July up ~
There was little range ia oats Nav and
July options opening Id higher ani
remaining hrm. All provisions had n
marked drop at the opening
CHICAGO, Jan 31--Openiur 49,
Wheat: May M &c: July up nc Corn
May up &c July up ~ Oats Nav
M &C. July unchanged, Provisions
Lower.
Noon-wheat: May and Iuiy nn-
changed Corn May and July up re.
oats. Nav and July unchanged
Close--Wheet: MAY up &c July UP
5.c Corn: May and July up sc. Data