The Detroit times., 1911-03-30
GRAIN AND PROVISIONS.

DETROIT, March 2s.-Close The
northwest has plenty. OF moisture and
the bulls in wheat have practically
nothing left 10 base hopes OF higher
prices on. In fact. there are few bulls
left. and their ranks are suffering de-
and increasing stocks and offerings
from Russia and south OF the equator
are so large that there Is no chance FOR
scarcity. The present outlook Is that
more wheat than usual Will be carried
over TO help out the new crop.
Bulls were much discouraged by the
closing weakness on Tuesday. as IL
proved that shorts were the only good
buyers of wheat When the short lines
had been covered. the market was
without support IL Is the general be-
lief that much May wheat is sttll 10
be liquidated, and the market could
scarcely be in worse condition for re-
ceiving and digesting the offerings.
Milling demand Is not Improving and
stocks in Minneapolis are decreasing
although receipts are very small
The new crop futures depend entire
~ on the crop outlook, which is little
more favorable every day. Even those
parts OF Kansas and oklahoma where
damage has been suffered are improv-
ing under the present favorable wealth
Ell. Both northwest and southwest are
abundantly supplied with moisture,
one Chicago paper points 10 lbc
wheat. but even the bears here think
that price out of the question, at least
until after the new crop has been made
but soc and SIS wheat Is freely pre-
Wheat was weak all "Wednesday ana
closed OF lc FOR cash, u Tor May, ana
sc for July and September. oats de-
clined &c, rye gained lie, ana Clover
seed declined 1Oqi5c
Wheat quotations-Cash No. red.
s5Lc. May opened with a decline OF
ard September opened at ss1c. and de-
clined 10 ssc. No. ! white, s3hc
Coarse grain quotations; Corn--Cash
No. 3, car Al &c; No; yellow ears
at 4Sc. No 1 yellow, car at 45c; No.
3 white, ears at 47c.
oats-standard. car at s2Sc' No 3
Rye--Cash,No. !. s2c; No 2. Sic both
bid
Beans-Cash. slss; April sl.ss; May,
Cloverseed-Prime spot 100 bags at
IS 90: April, IS 40; sample, 80 bags at
IS. 40 at $3.50. 10 at 725. - at s.. ~
al So prime alsike, So sample alsike.
bags at ss.25. at $750
Timothy seed-Prime spot, so bags
at s526
Receipts i'm the Detroit market We'd
nesday included 600 bbls OF flour. l car
OF wheat. and rs OF corn Withdrawals
were 500 bbls or -four and l5.elS 6u OF
wheat Stocks are 231, s0s bu or wheat.
23l.516 bu OF corn, lbs, SIS bu or oats,
]. 900 bu OF barley. and 2l.317 bu OF rye.
Liverpool wheat closed y q I'D low
er.
Exports OF wheat and -four Wednes-
day 26T. 900 bu
Primary wheat receipts were 100000
bu, against SOS. 900 bu year ago.
Receipts OF wheat Wednesday. Du-
luth. Ia cars. against 1877 a year ago:
$50 cars. againsht ga; 81.
Louis, $4,000 bu. against $4,000 ou;
Kansas City. 20 cars. against 43. Win
nipeg. $50 cars. against lss.
TOLEDO.
TOLEDO. o., March 2s.-Wheat--
Cash. seize. May. s7l4c; July ssc;
Sept. sshc Corn-Cash, 47A.c: May.
4siac; July. 5OSc, Sept. oeisc Oats
Cash 324e; May and July, sac: Sept.
81 sc Rye-No. ,. soc: No. 8. s5c
Cloverseed-Cash and March. 1907 Il
April. SS421; Oct. and Dec, $40. Al
sike--Prime. ,925 Timothy-Prime.
IS so. Butter. eggs and hay. unchanged
CHICAGO GRAIN.
Nooh-May wheat OF sc. July OF
sc May corn OF sc. July on NC
May oats OF &c. July of hc.
closs-May wheat on &C. July on
and July oats on &C Provisions low
er.