The Detroit times., 1911-03-27
GRAIN AND PROVISIONS.

4 LEI hOlI. MdTcn La.-ClOse. Inc
| dizziness OF the dour trade Is one OF the
1 most bearish considerations in the
market and revival appears TO be as
| far away as ever, Mills are loaded VI
with Hour. much OF IL sold at higher
prices, which buyers refuse TO takS
| Many mills are not in operation, sim
ply because buyers VIII not order out
their purchases. Liverpool surprised
the trade by a nrm opening on Monday
but the early American markets did
not follow.
Aside from the frmness in Liverpool
and bad weather coming. there was
| much TO make IL go the other way. The
last hope of the bulls was swept away
when the northwest got rain and snow
and the promise OF more. II now looks
like large spring wheat acreage and
the crop. The fact that liquidation OF
May brought the price down to the
July level last week. leads many TO be-
lieve that the price will go TO a con-
siderable discount under the new crop
futures
Although stocks in this country are
showing large decreases and~primary
receipts are small. the bears hold that
nothing but an export basis Will check
the decline. The outlook is bearish
away into the future. both here and In
Europe The bulls figured on some help
from the visible supply decrease. but
the market continued weak, the figures
being no more bullish than expected
Wheat made little show OF resisting
NACoS
was easy at PC of for cash and May
Corn declined &c, and the other deals
were steady.
Wheat quotations-Cash No 2 red,
seize; May opened with a decline OF
NC at sshc. and declined 10 SsA G.:
July and September opened at SIC. de-
S sldned w to ssssi and closed at ssAe;
Coarse grain quotations: Corn--Cash
No. 3. Ate; No. 4. car at 441ic; No.
yellow. y cars at isc; No. 4 yellow, !
car at 45hc; sample. 1 car at 43c
oats-Standard. cars at 33c; No. 3
white, SAKE.
Rye-cash No. !. soc; No. 2; sse
S Steans-sadsni sI,so' May Mst non
ys.75. April. SO bags at $3.50: sample. %
bags at $50, ~ at 1913, "a at $3.50.
IL at 81. at Sc; prime alsike, 50;
sample alsike. bags at $50. IL at
Timothy seed-Prime spot. 30 bags
Receipts in the Detroit market Mon
day included 40 bbls of -four. cars OF
wheat. 80 OF corn. and OF oats. With
drawals were 400 bbls OF flour. l.0l0 Blu
Of wheat, and l6.147 bu of corn. Stocks
are S4s.7 ss blu OF wheat. 22s.27 bu OF
barley. and 0.661 bu OF rye.
The visible supply OF wheat de-
creased l.ss3.oo Blu last week. OF corn
creased 10000 bu.
Receipts OF wheat Monday: Minne-
apolis. 346 cars, against 2S7 cars year
ago; Duluth. cars. against 200; Win
nipeg. 6z6 cars. against 269: St Louis,
$500 bu. against $4,000 bu: Kansas
City, IS cars. against IS.
Wheat on passage increased 2.6io.ooO
bu last week.
Worlds wheat exports last week
were IA. 900. 900 blu. against 100000 blu
a year ago. Russia furnished 2.744.0p0
bu. and the Danube 1,072.000 blu.
Liverpool wheat closed u n I'D high
The continent took 744s.0o0 bu of
last weeks worlds wheat exports
Primary wheat receipts were $4,000
blu. against $4,000 bu a year ago.
Exports OF wheat and -four Monday.
t70. 900 blu.
TOLEDO. O.. March 27-wheat-
Cash Cash SIS; May orS Ssts; July ssS ss
Cash. SAKE; May, ssHc; July. s2%c;
sept, are Rye-No 2. soc: No. 8. s5c.
and March, S9.225:
April 1855; Oct. and Dec, s775. Alsike
Prime, $40. Timothy-Prime. $3.50.
Butter. eggs and hay unchanged.
CHICAGO GRAIN.
CHICAGO, March 27.--Grain opening:
May wheat on NC. July OF &c. May
and July corn up nc. May oats un-
changed. July up &c Provisions
Noon-May wheat of nc. July or
May corn on II c, July unchanged
May and July oats of sc.
Close-May wheat of &C. July Off
&c. May corn UP &c. July up &c May
and July oats unchanged. Provisions
higher.