The Detroit times., 1911-04-28

GRAIN AND PROVISIONS.

DETROIT April 2S.-Close: Whea'
was very quiet and prices held STEADY
during the early hours OF trading or
Friday Dealers were at loss TO un-
derstand the intentions OF the holders
OF the May option and held on from
trading The foreign markets were
.teady early and firmed up later when
IL was estimated that worlds exports
would be small for the week and wheat
on passage would decrease
The Chicago bull leaders and the ele-
vator people are the only ones in tht
trade who know the position OF the
May option. II Is expected that shof'
lines. aside from hedging sales, VIII b'
all cleaned up this week ana ARE
Monday the trade will know where u
IL at and trading in new crop futures
is likely 10 become active When tins
fear OF May manipulation has been re-
moved.
Recent rains have improved the croI
outlook In all directions and only {
few counties In Kansas remain dry am
unsatisfactory. The seeding OF sprlns
wheat is far advanced and acreage
large in both the United states anc
Canada and farmers are selling theli
reserves more freely. There is no, de
mand for the winter wheat held II
Chicago. and -four Ia slow The out
laak "a hcarish. hut dealers are very
cautious. about getting snort on uIps
In readjusting values because OF the
changes in wheat prices were made OF
Friday The close was unchanged foi
cash wheat. = G lower 70 May, y
higher for July and NC higher for
Corn was steady and oats lost Nc.
Receipts In the Detroit market Fri
day were 645 bills OF hour. ears OF
wheat, 4 OF corn, 10 OF oats and OF
-four, S256i bu Of wheat 1928 bu OF
corn and $4,000 bu OF oats Stocks are
2O1 2S4 bu OF wheat. lSsS9O ou OF corn
l5,i72 bu OF oats and 1927 bu of rye.
Wheat exports this week: India,
$4,000 bu. Australia, 100000 Du' AT
gentina, 2, 10000 bu. Argentine exports
week ago were 2s24'OVo pu anu
year ago $4,000 bu
Fstimated worlds wheat exports this
week. exlucsive OF North America g.
200 900 bu Total last week was IL
OlO 600 bu and year ago l2Os0.OOO bu
Receipts CT wheat Friday; Mlnneap-
oils sl32 cars against 1l3 year ago.
Duluth 81 cars, against 10 ,WinnlT eg.
l14I cars, against 253. 81. Louis. 10000
bu against 1000 bu; Kansas city 20
liverpool wheat closed unchanged to
I'D lower.
Exports Of wheat and -four Friday.
$4,000 bu
| bu. against 100000 bu year ago.
stocks OF wheat at Minneapolis de-
creased $4,000 bu for the week
w w Murray has been elected a
member OF the board Of trade.
Wheat quotations: Cash No. red.
soc. MAY opened without change az
sos. and closed at SEC; July opened
az sSc and advanced 60 sSlsc sept.
opened at sT% and advanced To $50 c.
No | white, size Coarse grain quo
tatlons Corn, cash No. 3. sac, No. 2
yellow, 56izc. No. 3 yellow cars at
bbLc Oats. STANDARD ! car az 80 nc;
closing asked, No. white. / car AZ Doc.
Rye Cash No 1. csc; No. ?. 92c. Beans
Cash 81 az May, Si95: October. 81 So.
Clovcrseed Prime spot. 80 bags AT 50:
sample. 20 bags at $3.50. 10 at 81. prime
alsike. bags at Ss75; sample alsike.
bags at IS Timothyseed Prime spot,
40 bags at 90: sample. 20 bags az $3.50
10 at 81; prime alsike, s bags az IS 10
sample alsike. bags at 81 Timothy
seed. Prime SPOT. % bags az $3.50
TOLEDO GRAIN AND PRODUCE.
TOLEDO. April 2s.-wheat: Cash
and MAY. SeiS e; July SSasc sept.
ssizC Corn Cash. sac: May. 81
July sac. sept. 55c. oats: Cash. 80, c;
May s4itc. July 24izc. sept. 33i5c.
RYE: No 2 s2c. No 3. SIC Clover
seed. Cash and April 81 t0gOet and
bee sse2ih March, Ss.9Iif AlAike
Prime. So Aug IS FTfmethyse9d
Prime. $50. Butter. eggs and hay IN
CHICAGO GRAIN OPENING.
| CHICAGO. April 2s.-Grain opening: