The Detroit times. [volume] (Detroit, Mich.) 1903-1920, 1911-04-22
GRAIN AND. PROVISIONS.

DETROIT, April 2l.-mose; Liverpool
was strong early In Fridays session
but the American markets did not fol-
low, and the early tone in wheat mere
was bearish. Bears. however have lost
much OF their courage. They were SO
certain that prices could not advance
that they took rather heavy losses be-
fore closing out. They now realize that
the big interests are in position TO
give the market twist when they get
ready.
The bulls have been very clever In
bringing their forces TO play on the
market at the proper time and nave III
this way outgeneraled their enemies.
They found the market heavily snort
and Immediately called attention 10 the
decreases in supplies in order TO start
scare. The bears took fright and lost
their money. AS matter OF fact the
decrease In stocks shows largely AT
Minneapolis and nowhere else. chicago
is not able to materially reduce the
stock OF wheat there, although IL Is
relatively the cheapest market in the
country and every effort Is being made
10 move the wheat, and shipping direc-
tions for -four at Minneapolis are un-
satisfactory.
The crop outlook is excellent all over
the country and 1T looks like an enor-
nous yield for both winter and spring
wheat. with the heavy Canadian pro-
duction thrown In In case reciprocity
passes. This makes the outlook bear
ish In the scheme, but the bears nave
been punished SO often that they have
What was easy early in the day. but
recovered and closed with an advance
OF &c in white and no change in red.
Corn advanced "a G and the other coarse
grains and seeds were steady.
Receipts in the Detroit market Fri
day included 400 bbls OF -four, cars or
wheat. OF corn and 8 OF oats. With
drawals were 500 bills OF -four. 42,0s4
bu OF corn, and 1927 bu OF oats. Stocks
are 2S5,343 bu OF wheat, 1874, 700 bu OF
corn. 46.534 bu OF oats and 1913 bu OF
rye.
Argentine wheat exports this week
were 2.s24,o00 bu. against 100000 blu
a year ago.
Primary wheat receipts were $4,000
bu, against $50. 900 bu a year ago.
Exports OF wheat and flour Friday,
10000 bu
Liverpool wheat closed I'd lower TO
I'D higher and corn unchanged to Nd
higher.
Australian wheat exports this week.
]. 10000 bu; year ago. 100000 bu.
Receipts OF wheat Friday: Minneap-
oils. 1873 cars against lilo year ago;
Duluth. 20 cars. against SO; Winnipeg.
ia cars, against 367; Kansas city, 20
cars. against 81. st. Louis. $4,000 Blu.
Wheat quotations: Cash No. red,
sec: May opened with decline OF n c
at S9hc, moved up &C, declined TO
ssHc. and closed at s9Ac; July opened
a; Ssitc. gained &c. declined to $50 c
al ssc." advanced to SSkc declined TO
Ssc and closed at sSisc: No. white,
size.
Coarse grain quotations. Corn--Cash
No. ,. l52hc bid; No. 3 yellow. sac bid.
Oats--Standard. cars at 36hc; No. 2
white | car at see. Rye--Cash No. !,
| CSC No 2 92c. Beans-Cash. s1.95;
\ May. Sl.a7. October. slT5.N Cloverseed
/ Prime spot. 90 bags at SS.15; April
ts75 sample 80 bags at sS25. al
$50. at 81 at SO. prime alsike.
sS75. sample alsike. ~ bags at t775
| Timothy seed-Prime spot. so bags al
t525,
TOLEDO GRAIN AND PRODUCE.
| TOLEDO, April 21--Wheat: Cash
| and May, S0bc: July and Sept, sec.
Corn. Cash. SAFE; May. 52&c:. July.