The Detroit times., 1911-05-23
GRAIN AND PROVISIONS.

DETROIT. May 23.--Close: Broom
nail reports favorable crop conditions
In Russia, and throughout Europe gen-
eralIy the outlook Is good This
Drought lower Liverpool prices Tues
DAY morning and the early tone here
was easy, but later an upward move
ment came and the market appeared
The bulls have only week more In
which TO bring out their fireworks IN
the May deal, but IL is believed they
VIII not fail TO do something. other
wise there Is little in sight 20 indi-
cate higher prices. Minneapolis re-
ports light sales OF flour. the Visible
supply Is making small decreases and
everybody Is convinced thar there will
De lot OF wheat TO carry over into
the next crop. as We are farther than
ever from an export basis and other
exporters are flooding Europe with
wheat.
Some complaints come that tho
moisture Is still insufficient, but the
winter wheat crop Is now almost made
and harvest Will be on very shortly In
the southwest with every promise of a
bumper crop One crop expert places
the condition OF winter wheat in south
eastern Michigan at loo. Spring wheat
Is doing Well also and has moisture
enough for the present Ali crop news
with only unimportant exceptions. Is
favorable TO big production and low
er prices.
Wheat was quiet and strong all day,
the new crop futures lc higher for the
day The coarse grains and seeds were
quiet and unchanged
Wheat quotations: Cash No. 2 red.
SIC; May opened without change at
81 nc and advanced 10 s2c; July opened
with drop of Il c at SSc, and advanced
TO sshc; Sept. opened at S7hc and
Sdva TO- ssAe; No. l white. gle
No 3, 66c: No. yellow. SIC; No. yell
low. Sc. acts: Standard, l car at 3Sc:
No. white. 37hc Beans: Cash, s2.o4;
81; Oct. and March. 1875; prime alsike, |
1915; Aug. alsike, IS. Timothyseed:
Prime spot. $3.50.
Receipts in the Detroit market Tues
day Included 400 bbls OF -four, ! car OF
corn and OF oats. Withdrawals were |
400 bbls of flour and s,454 bu OF corn
Stocks are 2O6,055 bu Of wheat. 217,s19 |
bu Of corn. o,l2S bu OF oats and o,357 |
bu of rye. |
Broomhall says foreign crop condi-
tons are favorable
Germany reports the wheat condition I
at so and rye at IS on May 10, |
against 81 and SIS a year ago.
Receipts OF wheat on Tuesday: Min |
reapolis. ia cars,a gainst IS year 1
ago; Duluth. IL cars. against Is; Win |
nipeg iss cars; AGAINST zss: ST. Louis.
$4,000 bu, against 1900 blu. Kansas |
cars. against
Liverpool wheat closed y d lower and |
COIh bu
Primary wheat receipts were 326, 900 !
blu. against 100000 bu year ago
The worlds visible supply OF wheat |
increased 3,036,000 bu last week OF |
corn decreased f.oSo,toe bu and of oats
Increased $4,000 bu
Exports of wheat and -four Tues
day, $4,000 bu.
TOLEDO GRAIN AND PRODUCE.
TOLEDO. May 23-wheat: Cash
and May. siae; July, $3.50; Sept,
So Corn-cash and May. 545sc;t
July. 54Ae. Sept. sine Oats: Cash.
May and July, s6hc; sept. IS Glow
erseed. Cash, Ss.65: Oct. Dec and |
March, s7971s Alsike Prime, ss15;
Aug. $3.50. Butter, eggs and hay un-
changed.
CHICAGO GRAIN OPENING.
CHICAGO, May 23-Grain opening:
May wheat up NC, July down Sc May /
and July corn unchanged May and /
July oats up We. Provisions firm.
Noon: May wheat up / &c; July up
Ic May corn up 1hc; July up nc
May OATS up &c; July W lAc
Close: May wheat up &C; July up
nc May corn up ic: July up NC. May
oats up 1lc: July up nc. Provisions