The Detroit times. [volume] (Detroit, Mich.) 1903-1920, 1911-03-06
GRAIN AND PROVISIONS.


change in the wheat situation comes
from the elimination OF the reciprocity
feature. That was considered bear
ish influence and with IL out OF the
way Ii is natural to expect an advanc-
ing market. but the situation is not
very encouraging TO holders. for there
Is plenty of wheat In the country and
little demand for IL.
Spectators figure the recent advance
as a result OF tho covering OF shorts by
those who sold on the decline and they
think tn. firmness will disappear as
soon as these are all ashore. Many
believe the bulk OF the covering has
already been done, for many shorts
bought before the market began TO ad-
vance. while others think the short
account Is still large. Millers have
given the bulls new courage by buying
rather literally during the past few
days and the distribution OF cash wheat
to purchases by millers who had been
holding on for more favorable terms.
There Is still large surplus from
last years crop and the small increase
total stocks. Reductions in the Visible
supply are not large enough 10
threaten reserves, and the new crop
Is coming on in good shape. all OF
lower prices. Primary receipts are very
small. but the market is now farther
than aver from an export basis.
Liverpool Is easy and offerings OF
tralia as large and at declining prices.
wheat was hrm early and made a
fair advance, but later in the day there
was a weak feeling and the close was
Nanced &c, rye &c and beans &c. Oats
Were unchanged.
Wheat quotations.: Cash No. red.
9oMc; May opened with a loss OF &c
at ssIic. gained ne and declined to
s3hc; July and September opened al
y0sse. advanced TO sic and declined to
soHc; No. l white. s7ac.
Coarse grain quotations: Corn--Cash
No. 3. l car at 4sLc: No. 4. cars at
4sc, at 43kc: No. 3 yellow, cars
at thc; No. yellow. . cars at 44c, .
osts-standard: car at sSc; No. .
white, 32hc; No. white. l car at
size, at ale. Rye-Cash No, 1, ssIac:
No. 2. s5hc, both bid. Beans-Cash.
seed--Prime spot, 75 bags at 50; March.
80; sample, Is bags at $500. 80 at SIS. 25.
40 at 1915. IL at $3.50. 3 at 81: prime
alsike. 1926; sample alsike, 81 bags
spot. so bags at $685..
Receipts In the Detroit market Mon
day included 400 bills OF -four. "a cars
Of corn and Of oats. Withdrawals
corn, 2.s51 bu of oats and 900 bu OF
rye. Stocks are 431,61S bu of wheat,
334.211 bu OF corn. 1891 bu OF oats,
s's W.s SI Of barley and 2s,sss bu of rye.
were l2.s52.O00 Blu, against 1900, 900
blu a year ago Russia furnished s.
$4,000 blu and the Danube $4,000 bu.
india reports the condition of the
wheat crop at 80 to IS per cent OF nor
NAL.
Liverpool wheat closed unchanged TO
sad higher.
Wheat on passage increased 1920
bu last week
Receipts OF wheat on Monday: Du-
iuth. Is cars, against 81 a year ago;
Minneapolis 3at cars against 7s2 a
1872: st. Louis, $1,000 bu against 49,
GOO ou; kansas City, 80 cars. against
The visible supply Of wheat decreas-
ed 1905, 900 bu last week. of corn in :
creased $4,000 bu. and OF oats increas-
ed 1000 bu. The Canadian visible sup
ply of wheat decreased $4,000 bu.
ss.sss,ooo bu, against 25.7s3.000 bu a
Wheat receipts at primary points on
Monday. $4,000 blu; year ago. 1.35sooo
Exports OF wheat and -four Monday,
TOLEDO GRAIN AND PROVISIONS.
TOLEDO. o., March s.--wheat: Cash
&c; May, CSC! July. Gle; Sept. soAc.
S sse s sssh s' o aas S sss s sny
May. 331sc; July, 33c; Sept, 32kc. Rye:
No. p ssc: No. 9. SIC, Cloverseed:
Cash. is2sh; March. 1915; April, ss.s5;
Oct, $I.61h. Alsike: Prime and March,
1886. Timothy: Prime, $3.50. Butter,
eggs and hay unchanged.
CHICAGO GRAIN OPENING.
CHICAGO, March s.-Grain openins
May wheat up sc; July up 1Ac. May
corn up NC; July up &c; May oats up
Noon: May and July wheat up &C.
May corn up &c; July up Ac. May
oats up hc: July &c up.
sc. May corn up sc: July up Hc'
May oats up NC; July up &c. Provis-