The Detroit times., 1913-02-11
MARKETS and FINANCE
GRAIN AND PROVISIONS.

GRAIN AND PROVISIONS.
DETROIT. Feb. lI.-close; Liverpool
did not continue it's decline ON 'Puesday
as II was reported that the rains IN
India which caused Mondays weak
ness had not been sufficient.
Liverpool reported that lower Amer
lean prices were onset by an active de-
mand Tor cargoes, and hrmer tone,
- tes offerings were liberal. Reports
suited I'm liberal covering and Austria
Ian offerings were hrmly held. an
easier tone came on on reports OF more
rain In India. Wheat was hrm Ia
Buenos Ayres. Paris was easy
The wheat trade here was narrow
and did not show any decided tendency
In any direction. Conditions are con
sidered 10 favor the hearish sic OF tns
argument, as stocks are increasing &c
mand for wheat and flour Is hght anu
weather is favorable for the growing
winter wheat crop. The rush OF ~
gentine wheat TO market Is heavy ana
prevents any material advance IN the
markets OF Europe. There i. hoNtNtI,
4 no aggressive selling and onerlnss are
easily absorbed Bears are AFRAID y.
what the war IN Europe may DO anu
7 there is also fear that a squeeze may
be engineered In the May option OF
which the strong Chicago houses nave
very heavy holdings.
Aggregate wheat stocks have been
increasing and are now 252, 100000 bu.
+ or 24.00O.000 hu greater than at thls
time last year stocks are the heaviest
on record for the early part OF Feoru-
/ Wheat had a short spell OF strength
early in the day. but weakened later
and closed at a loss or &C in cash. u g
/ In May and I. in the July and Sep
/ Corn lost nc and clovsrseed declined
Sc The other deals were auiet and
steady.
Wheat quotations Cash No. red.
ll2k; May opened without change at
sll6 and declined TO Sl.14A July
opened at SEA. and declined 10 96nc.
September opened at SAGE and de-
oij gears. TO s r. MO- %Set &
NO 3, tic: No. yellow, 3 cars at b2c;
No. ( yellow. 5oiao oats-standard,
9TAc: No, white, car az S6hc; No
Beans-Immediate, prompt and Febru-
airy shipment, 81 10: Nav, 81 20. Clover
seed-Prime spot so bags at sl23e
sample. IS bags az tll.50, II at 1913:
bags AZ $12.S0. a sll.25 Timothy
seed--Prime spot. 30 bags at $50.
Receipts OF wheat Tuesday Mime
apolis. III cars, against lsf year ago;
against 3T6. Chicago. SO cars, against
600 bu
Liverpool wheat closed unchanged TO
ia higher and corn Nd higher 10 I'd
lower.
Primary wheat receipts were 74S 900
bu. against l.5lSo00 bu a year ago.
The worlds visible supply OF wheat
decreased l,l46.000- hu last week.
against an Increase OF e.Tol 900 bu the
week before and $4,000 bu year
ago
The European visible supply in
creased $4,000 bu last week and is now
1882, 600 bu
Receipts in the Detroit market Tues
Na.r EV,.l ,,A. F,NN - 49,
OF corn. OF cats and OF rye. wlth-
drawals were 1000 bbls OF -four. 10000 4
hu OF wheat, 1000 bu OF corn, 4.25e bu
OF oats and 1885 bu OF rye Stocks
are 4eS 604 bu OF wheat 2l6 900 bu OF .
corn, $500 bu OF oats and 24,s55 bu OF
rye.
Exports OF wheat and -four Tuesday. /
4e5, 900 bu.
All markets viii be closed on Wed 4
nesday. ri
TOLEDO GRAIN AND PRODUCE.
TOLEDO Feb. l1.--Wheat: Cash. /
sillis; May. Sl.13ls; July. 96Ac; Sep
t.mber. 93&c. Corn: Cash, SEE May (
os,. 9 SaiS s 5S Gay aSs siy ~
September, $685.. Rye: Cash. Coo, I
,12sO. March. s12.S5; April, ,l22o DC /
tGber. $3.50. Alsike Cash. $3.50:
February, sissy March. sis5. But /
ter. eggs and hay Unchanged.
CHICAGO GRAIN.
CHICAGO, Feb. Il.---Grains continued \
on the decline today weak cables
helping the bears. Wheat was up u
on the opening, but later declined =
for May and IA for July. Corn. May
and July, dropped n al the opening
Later May was down another "a and
July -, May oats was down - and
July n Provisions continued 10 rise.
CHICAGO. Feb. 10 y N n e.
Wheat: May and July up lsc. Corn:
May and July down lsC. Oats: May and
! July down nc Provisions. Higher.
Noon-wheat: May down &c. July
down &c Corn May down &C, July
down &c. Oats: May down Nc: July
l down NC.
| Wheat--May down sc; July down
| he Corn: May down nc, July down
( NC. Oats: May down sc; July down
| sc. Provisions Slightly lower.