The Detroit times. [volume] (Detroit, Mich.) 1903-1920, 1913-01-11
MARKETS AND FINANCE
GRAIN AND PROVISIONS

DETROIT. Jan. 1l.-Close: Bulls
feel sure that wheat Will continue 10
favor them owing To the many condi-
tions that Indicate higher prices. The
resumption or firhting in the Balkans
helped the strength on Friday
Friends OF higher wheat prices are
not bastng their argument on any crop
damage lat present. In fact, the crop
outlook has been improved during TINS
week and the outlook for winter
wheat now Is better than AT any pre-
v!ous time since seeding, owing 10 the
quantity 81 moisture that has fallen.
Commission houses were moderate
sellers on Saturday, working for a
natural reaction from the advance or
Thursday and Friday. but big dealers
were ready 20 take the buying side
should prices be forced much lower.
Bulls feel that they have "A good basis
FOR a bun market in the present sup
ply and demand situation.
Continental demand IS one OF the
favorable conditions. Stocks OF food
stuns are small and much foreign
wheat will be wanted Argentina
promises 10 give heavy supply ana
exports from there are already show
tins an increase, but Russia has a great
deal OF poor wheat and VIII not cut
much OF ngurr as an exporter until
another crop has been secured. NILS
in the sprin. wheat country report an
" heat buying shows a healthy tone.
The wheat market was duh on Sat
urday and closed with prices on even
terms with those OF Friday
Coarse grains were quiet and steady.
ClCverseed declined Zoe
Wheat quotations cash No red,
$ll4ia; May opened without change
lat Sl.l9. declined 10 SllSA and ad-
Vanced 10 $I19 July opened at 81 y G,
lost /. c and advanced 20 81 lac; No. j
white. s1.l3l2 Coarse grain quota
tions; Corn. cash No 3, , cars at Doe;
No. yellow. cars al 5lc. No, yell
Ssiao; No. white. 35isc, No. white
ear at 34trc Rye. CASH No >, &c
BeGns: Immediate. prompt and jan
nary shipment. s2.2o; February, s2lS,
pie, bags at .lO5o, at ss.75 at
So prime alsike, 31290 sample al
sike. bags at $3.50. ar Sill. Barley:
BY sample. car at 81 IL per cwt.
urday included 500 bbls OF hour, go
cars OF corn IS OF oats and OF rye.
Withdrawals were 400 bbls 81 flour
and $4,000 bu OF corn. stocks are
79:4Sa bu OF wheat lS7.154 bu OF corn.
81 SEQ bu, OF oats, 59916 bu OF barley
and so. 700 bu OF rye.
Receipts OF wheat Saturday: Mime
apolis. 2S4 cars. against 2l5 a year
ago. Duluth l26 Gers. against s; WIN
niptg, 400 cars. against SO; chicago.
81 ears against s. Kansas CITY, SO cars.
against l.: ST Louis. 10000 bu.
a. ainst 1900 bu a year ago.
Primary wheat receipts were 1925
coo bu against 1000 bu "A year ago
Exports OF wheat and -four Satur-
day 100000 blu.
TOLEDO GRAIN AND PROVISIONS.
TOLEDO. O, Jan. ll.--Wheat: Cash,
sI15iz May. Sllsia July. 97Lc Corn:
Cash, sol. May 5eTsc July. 53c; Sep
TENDER 54iac. oats: Cash. sec. May,
$50. C: July. s6lac Rye: Cash. 65 l. c.
Cloverseed: Cash and January. s12.05;
February. $12,1si4 March sl2.20: Oc-
toher. ss75 Alsike: cash sl3.25;
March. SIS S5. Timothy: Cash. $3.50:
February. Sl.95- March, Sl.s1 n. But
ter. sggs and hay: Unchanged.
CHICAGO GRAIN.
CHICAGO, Jan. il.-Opening-Wh
May and July up nc. Corn: May and
July unchanged. oats May and July
Provisions: Lower
Close-Wheat; May dawn L.c; July
down &c Corn: May and July down
s C. Oats: May and July down lac.
Provi SONS Steady.