The Detroit times. [volume] (Detroit, Mich.) 1903-1920, 1911-05-27
Markets and Finance
GRAIN AND PROVISIONS.


DETROIT. May 2s.-close: Liverpool
reported free offerings OF cargoes in all
positions ana no demand, but the price
advanced because OF the higher quo
tations and hot weather In America and
a bullish government estimate on the
French crop. IL was also figured that
that worlds exports for the week
would show decrease compared with
the heavy movement OF last week
Many dealers recently favoring the
bear side OF the wheat deal are now ad-
yising the purchase OF wheat on mod
crate breaks, course that has been
prnfitahle for some time, although che
news has boon bearish all the Time
This is partly because any change In
the crop outlook must be for the worse
Improvement. The effect OF change
In weather was shown on Thursday
and "Wednesday. when scare on not
weather was worked and prices
promptly advanced, although this Is
the time for hot weather and the wheat
crop OF the southwest needs II, as IL Is
nearly harvest time.
There Is feeling among dealers
being used by the bulls In an EFFORT 10
manipulate-tAe- market and IsipeFf eel
dealers feel the same way.
The wheat market was dull all day
and easy most OF the time. Small I'D
vances were lost and the close was I'M
changed from the last prices OF the day
before.
Corn advanced hc. oats II c, and Oct.
and March cloverseed 25c.
Receipts In the Detroit market Fri
DAY included soc bblS OF flour, car or
wheat, IS OF corn and OF oats. With
drawals were 500 bbls OF -four. 3S,l16
blu OF wheat and 7,420 bu of corn.
stocks are l72,9 bu OF wheat. 20s,5l
bu of corn. 9,12s bu OF oats and 6,ist
bu OF rye.
City, SIS cars. against IL year ago;
Omaha. 16 cars, against 8: ST Louis.
44,oeo bu, against 1900 bu; Minneap-
oils. l69 cars. against li2; Duluth, 81
Worlds wheat exports for the week.
exclusive OF North America, are H.
100000 bu Broomhall predicts fair
increase on passage
Argentine exports OF wheat this
week. 100000 bu. against 2.s20. 900 bu
week ago and 1,96S,00o bu year
against 100000 bu a week ago and
76S 600 bu a year ago; India exports
1,2ss, 900 bu. against 1.l44.00O bu week
ago and l.456.ooo bu a year ago:
Exports of wheat and -four Friday.
Primary wheat receipts were $4,000
bu, against $4,000 bu year ago.
Wheat in Liverpool closed No &d
Wheat quotations: Cash and May No.
red. 9fMc; July opened &c higher at
90Ac. declined to S9&c and advanced
to soc; September opened at ss&e. de-
clined TO S9Ac and advanced to S9hc:
No. I white. 90hc.
Coarse grain quotations: Corn--Cash
No. 3. 55hc: No. yellow. cars at
57hc; No. yellow. 56hc. Oats
Standard. car at 3SAc: No. white.
car at 37%c. Beans-Cash. s1s4:
October, s1.95. Cloverseed Prime
spot So: October and March. ss.2O;
prime alsike. $s.75: August aisike,
$3.50. Timothy seed-Prime spot, $3.50.
TOLEDO GRAIN AND PRODUCE.
TOLEDO. May 26.--wheat; Cash and
May, 91hc; July, s0hc: Sept. s9hc.
Corn: Cash and May, 56hc; July.
56kc; Sept, 56%c: Dec, 5Sac. Oats:
Cash, May and July. 3sc; Sept, 37c;
Dee. ssc. Ciovcrseed: Cash. SO. go: Oct,
1886; Dec. and March, yS.s2h. AL
sike: Cash. 1926: Aug. $ST5. Butter
eggs and hay unchanged
CHICAGO GRAIN.
CHICAGO, May 27.--Grain opening:
whcat---May OF &c, July of nc. Corn
--Muy on kc, and July unchanged
OatS--Mny and July each on Mc. Pro-
yisiuns higher. -