The Detroit times. [volume] (Detroit, Mich.) 1903-1920, 1911-03-04
GRAIN AND PROVISIONS.

| DETROIT, March 3.-Close: Argen
tina did not come across with as mucf
wheat as expected this week and Aus
tralian exports were light. The mar
| ket here ruled rather firm during the
early period of trading and there was
an increase I'm bull confidence. They
think the market Is In no worse shape
for an advance than II was when the
big interests took hold before and
forced prices UP.
1t is admitted on all sides that the
greater extent than at any previous
time this year While the bears feel
very sure of their ground, there are
many arguments to sustain the bull
contention that the present price dis
counts the bearish conditions. The
sharp falling on In spring wheat move
ment in the northwest and decrease In
years, with a probability of a further
decrease In the visible supply are very
encouraging features for the believers
In higher prices. But probably the
market to gain activity. The North
western Miller says the domestic Hour
situation IL very discouragiging. New
business consists OF small scattered lots
taken wholly because OF urgent need
on the part Of buyers. Weakness In
wheat creates distrust on the part OF
buyers.
Bears take a great deal OF comfort
out OF the splendid crop prospects and
the dullness OF the cash trade. They
also think the foreign situation favor.
able TO a decline. Estimates of small
exports for the week did not prevent
an easy close In Liverpool
The wheat market was Arm early In
the session. but May was the only deal
TO hold any Of its advance Tn That deal
and seeds were steady.
Wheat quotations: Cash No. red,
soc; May opened without change at
On n H.. ~ 2l 81 -
sasc J july snd s.p,s ter sn' opensd at
s0c. advanced TO 80 and closed at
soc; No. l white. sshc.
Coarse grain quotations: Corn--Cash
Standard, 3 cars at ssc: No: 8 white.
save. Beans-Cash, sI.s0; May. s1.s5.
SsrcS s sgo, S. :. Ssss e 90
at 1915, IS at IS. 20 at s7.75. 10 at $3.50.
sample alsike. bags at $3.50. IL at
sLIS Timothy seed-Prime spot. go
Receipts In the Detroit market Fri
day included Gas bills OF -four. cars
OF wheat. OF corn and 2 OF oats.
Withdrawals were 1.048 bbls of -four.
LIZA bu OF wheat and 9, 24s bu OF corn.
Stocks are 431,61S bu of wheat, 1884
bu o fcorn, 140,s52 blu Of oats, 3,812 bu
of barley and $2,s92 bu of rye.
Argentine wheat exports this week,
2.536,000 blu; Australian 1.160, 900 bu
and Indian 100000 bu, a total OF s.
01s.ooo bu. against s.s4s.o0o bu a year
ago.
Liverpool wheat closed u a Il d lower.
Wheat receipts on Friday: Duluth, Is
cars, against az year ago; Mime
apolis, IS cars, against 2S7; St Louis.
81, 900 bu, against $4,000 bu; Kansas
City, 2s cars, against IS: Winnipeg, 1s3
cars, against 13s.
Primary wheat receipts were 100000
bu. against $4,000 bu a year ago.
va Il.
week, 100000 bu.
Wheat stocks at Minneapolis de-
creased Ss5. 900 bu for the week.
Exports of wheat and -four Friday.
TOLEDO GRAIN AND PRODUCE.
TOLEDO, o.. March 3.--Wheat: Cash
Gle; May. &c; July, so%c; Sept, s9hc
s sspf s Sssh o 5ss May sss July siS
9sAc; July. 32sc; Sept. sac. Rye: No
2. s5c;l No, 3. sac. Cloverseed Cash
| 80. 20: March. s9.15: April. sss5; Oct
| $7.72h. Alsike, prime and March,
March, $40. Timothy: $3.50. Butter.
eggs and hay unchanged.
CHICAGO GRAIN OPENING.
CHICAGO. March 3.-Grain opening.
&c. May corn down Ae;. July down
&C. May oats down &c; July unchang-
ed Provisions unchanged
Noon: May and July wheat up &c
May and July corn unchanged May
oats down &C; July down nc Pro-
Close; May wheat up &c: July up
&c. May corn down nc: July un-
changed May and July oats down y G.
Provisions higher.
wheat