The Detroit times. [volume] (Detroit, Mich.) 1903-1920, 1915-01-16
MARKETS and FINANCE
GRAIN AND PROVISIONS

GRAIN AND PROVISIONS
DETROIT, Jan. l5.--Close: Wheat
was firm and higher at the OPENING on
Friday Private advices from England
showed an advance in the Liverpool
market and the strength there encour-
ages. the American bulls.
Foreigners keep on coming after
American wheat every day with no "a
gard for advances That is all there 70
TO the market AS long as they come
market The action OF farmers in hold
Ing for higher prices Is a bullish ele-
ment also. Farm selling is ligat and
there Is sharp competition fol every
busheL Mills have been making heavy
sales OF Hour. some OF IL for export
and millers have been extensive buy
ers for several days
Argentine news helped the balls 10
Is raining. and threshing OF wheat has
been reduced. Shipping ~eo4td itions-aTe
very bad The high fretghts offered
ships TO go 10 South American ports
are drawing the tonnage from Ameriy
can ports ana the grain is piling UP IN
the east. Wheat in Chicago appeared
TO reach a sticking point around ~ ~
past that price and some dealers
thought decline. might come AFTER
the crowd got Well loaded ap ..
Wheat got past Sl.44 all right IN
Chicago and the market proved strong.
The close was &c higher i'm cash and
May and lc higher in July, compared
Corn advanced lc. oats a.c and rye
&c Cloverseed was unchanged and
timothy lost &c.
Receipts in the Detroit market Fri
day Included 1000 bbls OF -four. cars
OF wheat, "a OF corn. OF oats. or
rye and l of nay. Withdrawals we're
$4,000 bu OF corn and 10000 bu OF
barley, Stocks are $4,000 bu OF wheat,
4lI2O0 bu OF corn, 1900 bu OF oats,
$4,000 bu OF barley and p, 600 bu OF rye.
nf h.ana nd VI
l,460,OO0 bu.
Primary wheat receipts were S7o,O0o
ou, against CO.,, 600 bu year ago
The total Canadian wheat crop for
last year was SS,A40,oe0 bu.
Wheat receipts Friday Duluth. "a
cars against 90 year ago Mlnneap-
loo cars. against III, southwest, l4t..
600 bu, against 5000 bu; Chicago, -
cars, against A..
Wheat quotations. Cash No. 2 red,
$l44, May opened with a gain OF lac
at .t5lR and advanced TO sl4l, July
opened at 81 81 y. advanced 10 Sl.S2lp
and closed at Sl.S2; No, 1 white. ~ AZ
Coarse grain quotations: Corn, cash No
5, II tsc. No. yellow, car at - i1c'
No, 4 yellow, IL &C. Oats standard.
: cars at 55c. No. 3 white, 544c. No.
white. 53lR Rye. Cash No. =. Ill
bid. Beans Immediate. prompt and
January shipment $2so February.
s2sO, May s2s5 Cloyerseed: Prime
rs bags at 81. 20 at 1915, Is at sS5V;
prime alsike. $3.50. sample alsike. -
bags at s575. Timothy: PRIME spot,
S340.
CHICAGO GRAIN.
CHICAGO. Jan. I5.-Opening ~
Wheat: May. up sc, July, up y i. |
Corn: May. up 2sc July. up &C. Oats |
May, up lse; July, steady. Provisions
Slightly higher
Noon--Whest: May. up lc. July |
up sc. Corn May, up lisc. July. Up |
&c. oats: May. UP / hc July, up Sc |
Close-W Wheat: May, up l Sc, July !
up sc Corn: May. up sc; July. 40 !
25sc, oats: May up &c. July. UP |
i sc. Provisions. Firm and higher
Quotations by Hayden, Stone & Co. |
Jan, "a; open High Low Close
May. AS. AK ! 42s bl -
July. / 2S IN Z5k bi 271.
Nay. ~ ~ ~ 45 ~. s sIs
July SIS. 5is sac sSi.
jan. IS 20 IS IS IS - bis IS
May is IS x1S 81 is y xls ~
Nay Nay 10 e I 10 !. I; 10 10 80 i 1873
Kan. f is Z 1, sssss Ys I! N. Ps 80
s-Split. x-Asked. b-Bid n-Nominal. |