The Detroit times. [volume] (Detroit, Mich.) 1903-1920, 1911-03-24
GRAIN AND PROVISIONS.

DETROIT. March 24.-Close: An in
Vestigation OF European stocks shows
that all countries are well supplied eA-
cepting England. which will continue a
steady buyer OF wheat. little nrm-
ness was caused there early on Friday
by some less favorable Russian reports,
but other exporters were liberal in their
offerings and prices worked lower.
The collapse of the northwestern crop
scare left dealers dependent on south
We stern news about the crop. ST. Louis
reported that farmers in that section
reported no injury and the crop doing
well Cash prices there were lower
and the market was dull. Discouraging
reports still come from Kansas and OK
lahoma. but all the injury in that dtrec-
tion has been pretty thoroughly adver-
tised and recent reports do not enlarge
the Information materially.
Cash wheat and -four are very slow
and discouraelng TO holders Chica 40
notes a better demand and firmer tone
for car lots OF both red and hard wheat.
out the volume OF sales not large. Com
mission houses are bearish IN nearly
all cases, and the only bullishness is a
warning against selling too freely on
weak spots and avoiding oversold
places. An investigation into the con-
sumption OF bread shows that the peo-
pie are eating more than they did a
year ago.
The wheat market was weak all Fri
day and closed with a loss OF lc. Corn
vas easy and off &c. Oats were easy.
at the close. Glover and timothy seeds
-!ere unchanged.
Wheat quotations: Cash No. red
SAc: May opened with a drop OF u c
at SsAc and declined TO sec; July and
September opened at soc and declined
TO sSkc; No. ] white. ] car at sec.
closing at S5Ac.
Coarse grain quotations: Corn-Cash
No. 3. 4I12c. No. 3 yellow, cars at
4Shc. closing asked. sample. l car al
Al nc. Oats-Standard, acc asked; No
3 white, 32Ac. Rye-Cash No. 1, soc:
No; sse Beans--Cash and April. 81 50
spot. $s.15; sample, 10 bags at 1926. rs
at IS. at 1915. rs at $3.50, IL al s725,
at SO; prime alsike, So. sample al
s p : bags lat $40 Timothy seed
Receipts In the Detroit market Fri
day included ESQ bbls OF flour. s cars
of corn and Of rye Withdrawals
were 3,177 bbls OF -four and ? 20a Inn
OF rye. stocks are 34s. Use Blu Of wheat !,
2Ss, SOS bu OF corn, 126.63s bu OF oats,
s.223 bu OF barley and 20.661 bu OF rye.
Urinary wheat receipts on Friday
were 401. 90 bu
Exports of wheat and -four Friday
253, 600 bu
Liverpool wheat closed nd and corn
SD lower
Receipts OF wheat on Friday. 81
Louis. 10000 bu against $4,000 bu a
year ago; Winnipeg. 207 cars. against
2SS; Duluth. IL cars. against 1870: MIN
neapolis. 1872 cars
Argentine wheat exports this week.
4.632. 900 bu
India exported l.552. 900 bu OF wheat,
against $4,000 bu a week ago.
worlds wheat exports, eclusive OF
North America. are estimated for the
week at ~. 400 900 bu
weather in southwestern Russia IL
very cold and much damage TO wheat
Is expected.
CHICAGO GRAIN OPENING.
CHICAGO. March 2I-Grain opening:
May wheat OF L4c. July on &c May
ard July corn unchanged May oats
on SC July unchanged. Provisions
lower.
Close: May wheat of lc. July or sc.
May oats OF nc. July or a. May
corn on &c; July of &c Provisions
lower.