The Detroit times., 1914-01-26
GRAIN AND PROVISIONS

DETROIT. Jan 2e-Close: Wheat
had weak opening on Monday fol-
lowing slump in the Liverpool mar
ket, which opened higher and promptly
declined. Opening American prices
were lower
While worlds wheat exports were
lighter than year ago. they we're
larger than estimated last week. At
first they had bullish influence and
prices advanced. helped by a firm tone
in South American markets. Later
there was a disposition TO take srotits
and the early advance was lost. Rus
sia was Offering more literally for dis
tant shipment and prices were lower
The continental markets were easy
and buying was not active There was
a general tone or dizziness over the
deal The importing countries appear
to see plenty OF wheat for the immedi-
ate future and refuse 10 become ex-
cited about anything farther away
Argentine corn news WAS favorable
and the Liverpool market was easy
Duluth had very small receipts but
Minneapolis held up pretty well show
ing an Increase in stocks. The total
receipts at the-twO points were 4S6
cars less than year ago. The Amer
lean markets took their early tone
from Liverpool and the feeling was
easy. The decline resulted in less
speculation and the general feeling
was weak. with some selling OF long
wheat by weak holders. Flour de-
and mills are slow buyers. Exporters
are doing nothing and the weakness
abroad appears likely to cut of that
class OF buying.
Wheat weakened i4c. but recovered
and closed al a loss for the day OF &c
Corn advanced nc. beans gained &c
and cloverseed is up &c.
Wheat quotations. Cash No. ? red.
99c; May opened with a loss OF l.c AT
sl.03 u. declined 10 slo3i% and closed
Al tgsl IL a
clined 20 9114 and closed at 81 iaci
No. l white, 9Si4c.
Coarse grain quotations Coru--Cash
No. 3. 64c; No. 2 yellow. 2 cars at Goo;
car at s2c: No white. 3 cars at
4tlac, No white. Ale, Rye-Casd
No. >. ] car at CSC. Beans-fmmedi
ate and prompt shipment, $l.s5, Janu-
airy. $l.s1. February, sl92. Cloverseed
Prime spot so bags at 1915 March.
IS so. sample red. - bags at $s.25. 40
at SIS. II at $50 prime alsike. 500:
sample alsike. - bags at Ss.25. Tim
othy-Prlme spot Sa.55. Alfalfa-Prsme
spot, 1925.
Receipts In the Detroit market Mon
day included 1000 bhls OF -four. cars
or wheat. II 81 corn 20 OF oats, OF
rye. and OF hay. Withdrawals were
1000 bbls OF -four $4,000 bu OF corn.
Stocks are 639.2Q0 bu OF wheat. 262. GOO
bu OF corn. $4,000 bu OF oats and a.
Liverpool wheat closed unchanged
TO Z lower and corn 8 j lower
Wheat stocks iG Minneapolis in
creased 10000 bu ia two days.
worlds wheat exports last week
were 1872 bu. against lf.624.UoQ bu
week ago and ll,s40.000 bu two years
ago.
Wheat receipts Monday Chicago. 81
cars, against 81 year ago Winnipeg,
1879 ears. against t5b. Duluth. &c cars.
against ca Minneapolis. 493 cars.
against ga; southwest. CSC. goo bu.
against 554 600 bu.
The visible supply OF wheat de-
creased $50 1000 hu. OF corn Increased
$4,000 bu. and 81 oats decreased 5l3-
GEO bu last week
Exports of wheat and flour Mon
day, 5g7 geo hu
Primary wheat receipts were l.144 600
bu.~ against 100000 bu a wear ago
The visible supply OF wheat in CAM
ada IL now 26.662.O0O bu. decrease
Of 3S4 900 bu-Ior- last week
CHICAGO GRAIN.
CHICAGO. Jan. 26-Opening -
! Corn. May down &c, July down isc.
oats. May unchanged. July down 80
Provisions shading weaker
NoOn--Whcat May down i.c. July
down isc Corn May down i,c. July
down &c. oats: May down l.c. July
steady
/ close wheat. May down f.c; July
down ?. O. Corn. May down lc. July
\ down hc oats Nav down 49,. July
steady. Provisions easy.