The Detroit times. [volume] (Detroit, Mich.) 1903-1920, 1911-05-05
Markets and Finance

injury 10 the spring wheat crop a.
present conditions are almost pFlLcet
I for the start OF the plant. lhs w" NJ
! is Influenced by the big holdings ana
I the Inability OF shorts 10 MI their con-
| tracts except by covering In marker
where there Is little for sale No one
can tell how long the present Aill tSc-
! ties will rule the market. but the adj.
vance is not regarded "a son rntural
basis as long as the country has sueh
fne weather and SO promising crop
outlook
The bulls figure that che natural
time for rains I'm the sprinS wheat
states Is past and IL viii require an
unusual season 10 give II enougn mois-
ture from now on Subsoil moisture is
lacking The wheat market vas reTy
strong early In the day, with the al
vance chiefly in the May option, but
close was at an advance OF iso in cash
aud May and loss OF &C IN July and
September.
gained hc and rye advanced "a sc
closing hrm. Seeds were quiet and
steady
Wheat quotations. Cash No. red,
ease; May opened with an advance OF
nc TO 92i.e. advanced TO g5lse aud
declined To y=Ac. July and September
opened with an advance OF "a q at 90 "A &,
gained hc and declined TO ss%e, NJ
white, Gle
coarse grain quotations: Corn--Cash
No g. 5sc; No. yellow. 5Thc; No. 5
yellow, 5skc Oats-Standarl. / car
at 36c; No 3 white. S5lae Rye-Cash
cash and May. sl.s5: October. sl.s5.
CloYerseed-P-ime spot 50, sample. 10
bags at $S.25. 25 at 1875. prime al
sike, 1915: sample alsike. bags at
SIS. Timothy seed-Prime spot. 80 bags
at $500.
Shipments OF wheat from India this
week were $4,000 bu, against $4,000
bu week ago and $4,000 bu a year
eKtn -
bu, against 100000 week ago ana
2. l6s.0O0 bu a year ago.
Wheat receipts on Friday: Minnenp-
oils, las cars. against los year ago
Duluth 10 cars, against 20; Winnipeg.
lis cars. against 1874. 81 Louis. $1,000
bu, against $4,000 bu; Kansas city 81
cars against 20.
Receipts In the Detroit market FRI
day Included 500 bbls. OF Hour. cars
of wheat. OF corn ana OF oats.
w ithdrawals were 500 bbls OF Hour
and 1903 bu OF corn. Stocks are 2of,-
SO9 bu of wheat. l66.974 ou OF corn.
I4,1s2 bu OF oats. and 5000 "a of rye.
Liverpool wheat closed = a I'd and
corn "a higher
Wheat stocks at Minneapolis de-
100000 bu for the week.
South Dakota has dust storms.
Exports OF wheat and flour for the
day, $4,000 bu: for the week. l.s4iooo
primary receipts OF wheat Friday,
as. 900 bu; year ago. $4,000 bu.
TOLEDO GRAIN AND PRODUCE
TOLEDO. May 5-wheat: Cash ana
Nay, sac. July. s9Tsc. Sept, SO rs
Corn: Cash and May. SO nc: July
54Ac. Sept. 55c. Oats; Cash and May,
IS &c: July, 35l4c: Sept, sac. Rye: Not
quoted. Cioverseed. Cash, 1855; Oct
and Dec, s7S71s March $3.50. Alsike:
Prime. 50. Aug. IS Timothy seed: Not
nuoted. Butter. eggs and hay unchans-
ed.
CHICAGO GRAIN OPENING.
CHICAGO. May 5.-Grain opening:
May wheat up SIC; July up Sc. Nay
and July corn up Ac- May ana July
Noon: May wheat up sc; July UNI
changed May corn up sac; july up
&c May and July oats up &c. RIO
visions practically unchanged
Close: May wheat closed up tac;
July off isc May corn closed up &c;
July OF &c May oats closed or Sc,
July unchanged Provisions shshuy
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