The Detroit times. [volume] (Detroit, Mich.) 1903-1920, 1914-12-02
GRAIN AND PROVISIONS

DETROIT, Dec. CLOSE: w neat
was not until Liverpool showed a
smart advance that the American
wheat market braced up and gained
In activity.
The strength in Liverpool was based
on bad wheat weather In Argentina
They are near to harvest time IN South
America and are getting more rain
than wanted. The Argentine outlook
Is the most important point in the
worlds markets at the present Higher
or lower prices depend on the outcome
4 of that crop Recently England has
had some very bearish estimates OF
the eNportable surplus, in which ex-
perts in this country do not agree
not get what they expect from Argen-
tina. IL Is said that the Argentine
crop will move direct from the thresh-
ers TO ships for export, as farmers are
hard up and will be prompt sellers.
This Will give the crop the appearance
OF being large In the early stages OF
Receipts in this country are not fall
ing on as sharply as expected. Primary
movement runs above two million
bushels and is much larger than a
year ago. Al the same time exports
are Disappointing. less than half a
million bushels. Some large export
sales were reported early and the crop
report OF oklahoma Is bullish. show
ing condition of So, against l0S a
year ago.
Wheat was strong early. but did not
hold all the early advance. The close
was unchanged for May and 4 c higher
for the other deals
The coarse grains were steady. Glow
erseed advanced 5ul5C.
Wheat quotations: Cash No. 2 red,
Sl14; December opened without change
closed at s1.l4; May opened at 81 % n
advanced TO sl.23Ia and closed at
sL22h No; ] white Sill. No. 2 maid,
tions: Corn. cash No. 8. 63isc: No. 3
yellow, cars at 64nc; No. yellow.
s$c; No. yellow, SEC. No. yellow,
No . white, Soc No 1 white. 4se rye:
Cash No. 2, sIO6. CloveTseed: Prime
spot. sass; December, s2.io; January,
s ss ,naaS SS d hr%e
s9.50i sample red. 20 bags at $3.50, 10
at ss.25; prime alsike, $3.50; sample
aisike, Is bags at $s25 10 at 1915.
Receipts In the Detroit market Tues
day included 1000 bbls Of Hour, cars
Of wheat, 30 Of corn, Of oats. 2 Of
were 1000 bbls Of iour. j 900 bu Of
wheat, $4,000 bu OF corn. stocks are
ssS BIZ Sn % Of Ss zoo o. SG Ot !, s
and $4,000 bu OF rye.
Chicago deliveries on Tuesday were
foo,o blu Of wheat, 100000 bu Of corn
and 100000 bu OF oats.
Receipts OF wheat Tuesday: Duluth.
aespoiis ssS cars So assSSs sst s ehi-
sss z ears r as aisst III " "nnipes
Exports OF wheat and -four Tuesday.
3S1, 900 bu.
eco bu, against /, 5f5, oo6 bu a year ago
Liverpool corn closed u Id higher.
Wheat not quoted.
CHICAGO GRAIN.
CHICAGO, Dec. Opening heat
December. down sec; Nay. down &c
Corn: paocnbsr. down Nc; May Gown
down ss pr psi:%s: Easily issSsay May
Noon--Wheat: December. up sc;
Nay, up NC Corn: December, up lc,
Nay. Up o. Oats: December. up NC,
Cioso.&hent: pecelnber, up &C.;
aay, up Nc. Corn: December. up NC:
Nay. W Il. PTov S isss'iEG ssieS Hp ne
Reported by Hayden. stone 81 CO.,
DEC l.; Open High Low close
R :s i lsss u II ~ 1872 49, 81 81 Is
Rag RsS. 81. IS s sia seas SO
Bay R:S. :s4 s s:is ,tsA s st:s
a ss$ Is iisS Is Is 70 70 is 4: 90 50 rs I: 81
a;E 's$S go S% 'S'ffa
S ass. !. ssss ssSSS sss g g & &
Masked. b-Bid Xs-xb-Split s-Sold
CHICAGO GRAN AND PROVISIONS.
CHICAGO Dec Wheat was
shade 10 &c easier at opening today q
but good commission house buying
forced an early rally to last nights
closing prices.
Corn was a shade easier on early
trades chiefly because receipts were