The Detroit times., 1911-03-23
GRAIN AND PROVISIONS.

DETROIT, March 2S-CloSe- Inc
bears got a little too gay In selling
wheat on Wednesday and their enemies
took advantage OF the dry weather IN
the northwest and little war scare TO
force covering movement mat put
prices up rather sharply. General con :
ditions are bearish In all directions
and the only danger Is these oversold
spots which are sure 10 develop from
ocer-confidence on the selling side.
The fact that the wheat market
closed with good rally on Weines-
day did not alter the opinions or the
bears In the least. They still consider
the situation a bearish one, The mar
ket was naturally oversold in follow
ing the ltquidRt ton of the May deal. and
the northwestern dry weather. not at
all alarming was enough TO give the
shorts a scare and force covering 1t
is very airy in the northwest, excepting
in the north kalf OF North Dakota, bus
there Is plenty of time for moisture
before any harm results TO the new
crop prospects.
Liverpool was easy on larger Argen-
tine exports than expected and liberal
offerings from Australia and india.
Russia reports farm work impeded by
smaller India is having nne harvest
ing weather
The wheat market lost its early
strength and was easy during the
greater part OF Thursday. The close
was 4 off for cash, lsc OFF for May
and unchanged for the new crop fu-
lures Corn declined &c and was easy
at the finish. The other grains and
seeds were unchanged.
Wheat quotations: Cash No. red.
ssAc; May opened without change at
sohc., touched soIc and declined to
moved up to 90ac and declined TO
s0hc: No. l white wheat, s6Hc. Coarse
grain quotations Corn. cash No. 3.
ing al asa asked: no eAS y Ell car
at 46hc; No, white, car at 4shc:
No. 4 white. / car at ace. sample, ! car
ct 43c Oats: standard, ears at 33c;
3lhc Rye. Cash No. 1, soc; No. 2.
sec. Beans: Cash and April. Sl.ss;
May. $50 Cloverseed: Prime spot.
1915 nominal: sample, 20 bags at ss.25.
81, 3 at $3.50. 10 at Sc: prime alsike. 50:
sample alsike. bags at $S.25, at
$3.50 Timothyseed: Prime spot, so
Receipts in the Detroit market on
Thursday we're 600 bbls OF flour, cars
or wheat, % or corn. or oats. j or
barley and OF rye. Withdrawals were
600 bbls OF -four, l.os4 bu OF corn and
;, 00s bu OF oats Stocks are 3i6.76s bu
OF wheat 25s34e bu of corn, 126.6ss Du
OF oats, 1852 bu OF barley and 23,ss4
Blu OF rye
gentina this week. 100000 bu.
Argentina Is putting IN larger
wheat acreage this year than last.
wnen IL was ABOUT lo,f94,UUV acres
Liverpool wheat closed unchanged to
a d lower.
Exports OF wheat and -four Thursday
were loo. 900 bu
Primary wheat receipts were 296,000
bu, against 100000 blu a year ago.
Receipts of wheat on Thursday: St
Louis, $4,000 bu, against 10000 bu a
year ago: Kansas City, Is cars, against
IS; Winnipeg, 256 cars. against 191;
Duluth, cars, against 112; Minneap-
oils, 1876 cars, against 163
TOLEDO GRAIN AND PRODUCE.
TOLEDO, March 25-wheat: Cash,
soc. May, Ok c: July and Sept. S0A C.
Corn: Cash. 4sc: May, 49hc; July,
81 NC: Sept. 52Ac. Oats: Cash. sac.
May, S3%c: July 32&c; Sept, S2hc.
Rye. No. 2. eoc; No g, s5c. Clover
seed: Cash and March, $40; April.
ss.57h; Oct. and Dec, $3.50 Alsike:
Prime, 1920. Timothyseed; Prime.
$3.50. Butter, eggs and hay unchanged.
CHICAGO GRAIN OPENING.
CHICAGO, March 2s-Grain opening:
May and July wheat unchanged May
and July corn unchanged. May oats
unchanged. July up &c. Provisions
lower.
Noon: May wheat OF sc. July OF
Lc. May corn of &c, July OF &c.
May and July oats OF nc.
Close May wheat or "a &C. July un-
changed. May and July corn OF sc.
May oats or &c, July of Nc. Pro-
visions steady.