The Detroit times., 1911-04-27
Markets and Finance
GRAIN AND PROVISIONS.

DETROIT, April 27--Close: Foreign
markets were steady and sent over
nothing OF Importance regarding wheat
s SO an ths o Mo.n,ns dennlsiy Known
deal. Settlements are reported and
denied, and attempts TO learn the true
situation have failed. The opening
was easy here, and early trading was
The first complaint in a long time
came from Mort hDakota. telling that
the weather there is too dry. No harm
has come 10 the wheat vet, but there
VIII be something doing in few days
III rain holds or. The Kansas crop re-
port shows that there may be from
100000 TO 100000 acres OF wheat
plowed up. which was considered QUILL
ish. but IL had little effect on the mar
ket As IL was well known that a lot OF
wheat would be abandoned. France
and Germany reported more seasonablc
weather. which helped to make the
Liverpool market easy.
Many have recently abandoned the
bear side and are long on the market,
but the leading bears have not changed
front. They figure that he heavy
stocks of wheat on hand and the ine
crop prospect combine to make very
bearish situation which must have its
eject on prices sooner or later. Pri-
mary wheat receipts are increasing,
which shows taht farmers are satisfied
with the present crop outlook, and are
marketing their surplus.
After ruli ngquite strong early in
the day. May wheat declined and closed
at the closing price OF Wednesday
July and September closed at a loss
OF lac. Corn was hrm early, but de-
cltned. and oats lost l4c Timothy seed
advanced l5c and cloverseed was firm.
Wheat quotations-Cash No. . red,
S9c. May opened wit ma drop OF &c at
s9A G. advanced TO 905ac and declined
10 ssAc; July opened az sSlec gained
&c, and declined 10 Ssc; September
opened AT ssAc, and declined TO S7S.c;
No. l white. S7Lz
Coarse grain quotations: Corn-Cash
No. 3. 54isc; No. . yellow. 66iac; No.
yellow, / car at Soc. later quoted at
oats-standard. 35%c asked: No. 3
white. S5hc; No 4 white. l car at
"a &C.
Rye-Cash No. /. csc: No 2. s2c
Beans-cash, sl.s5 May. s1.97, oc-
tober $50
Cloverseed- spot and April.
So; sample, 20 bags at $3.50. 20 at IS.
10 at 81: prime alsike. ss75; sample
alsike, 10 bags at IS
Timothy seed-Prime spot. 60 Gags
at $40
Receipts in the Detroit market on
Thursday, included 1.2o0 bbls OF flour.
2 cars OF wheat, OF corn, and ; OF
oats. Withdrawals were 1.l5S bbls
Of Hour. and 23.945 bu OF corn. Stocks
are 2s3:s66 bu OF wheat. 220 bu OF
corn. 42596 bu of oats, and 1877 bu OF
rye.
Wheat stocks at Minneapolis de-
creased $4,000 bu in Ave days
Estimated Argentine wheat exports
this week. 100000 blu.
Liverpool wheat closed unchanged to
I'd higher. and corn = M Ad higher.
Wheat receipts on Thursday: Du-
luth. IS cars. and Minneapolis, las cars
a total OF 1853, against ISL year ago.
St Louis. $4,000 bu. against 1000 bu.
Kansas City, "a cars. against Is; Win
nipeg. 212 cars, against sos.
Primary wheat receipts Thursday
Sac. 900 cars; year ago. 100000 cars
TOLEDO.
TOLEDO. o., April 27.-Wheat; Cash
and May, sSac; July and Sept, Ssc
Corn: Cash 54c; May. 53c; July, SO
Sept. 50hc Oats: Cash. S4%c; May.
S4Ac: July, 34rc. Sept. 3SAc Rye
No 9, e2c: No 3. SIC. Cloverseed: Cash
and April 1885; Oct and Dec, s7S2h !;
March. s7s7ls Alsike: Prime, 1895;
Aug, S. Timothy; Prime, $50. But
ter. eggs and hay. unchanged
CHICAGO GRAIN.
CHICAGO. April 2l-Opening: May
wheat of nc. July unchanged. May
and July corn up lsc May and July
oats of nc Provisions steady.
Noon-May wheat up sc: July OF
nc May and July corn of nc. .aay
and July oats unchanged.
Close-Wheat: May. &c up; July
OF &c May corn OF sc, July OF 2.
May oats, unchanged. July on sc.
Provisions. lower.