The Detroit times., 1912-05-13
GRAIN AND PROVISIONS.

DETROIT, May 11.-Close: Wheat
was steady at the start on Saturday
and there was a bearish feeling left
over from the day before. Friday was
a day OF heavy unloading. Longs were
taking profits because OF good weather.
although North Dakota was making
complaints and frost damage was re-
ported in Russia
The wheat bulls have lost a lot OF
their aggressiveness. They see that IL
is possible for prices to decline and are
not so sure as they were that much
higher level Is to he attained on the
present outlook Weather just now is
such as TO bring out all the good there
Is In the winter wheat and, naturally,
some improvement Is noted In the gem
eral character of wheat news. This
makes the timld ones think OF secUr-
ing whatever profits are in sight ana
selling In the order of the day. Nest
OF the offerings consist of long wheat
but a. little short selling Is mixed with
It, as tho bears are gaining confidence
that the market has reached lighting
ground.
Attention Is largely conferred on the
spring wheat country where seeding is
about completed and the plant. where
up. looks healthy. There Is a small
shortage in the acreage. but the crop
will be a big one " troubles from now
on do not cut IL down materially liv-
erpool is easy. but has little infuance.
Bulls are not discouraged by the show
ing OF weakness late in the week, as
such slumps are sure TO come. but
shorts will not stand large losses and
will be easily run in II little pad
news should come from the spring
wheat country. Strong interests are
buying wheat in Minneapolis and Chi
cago Is selling great deal OF wheat
TO millers.
The market was dull and easy early
and recovered later, closing at Fri
days closing prices
Oats declined nc and were freely
offered. The other coarse grains and
seeds were quiet
Wheat quotations. Cash and May No
red, S119h; July opened without
change at 81 iah. dropped to 81 1874
and advanced to S1.19k; september
opened at s119 declined to $1.1SA and
advanced 10 sl.l9; No. white, $Ll7h
Coarse grain quotations: Corn-Cash
No. 2, soibc, No yellow: SIC; No.
yellow, S2hc. Oats-Standard, cars
white, b91ac asked. Ryc-Cash ON 2,
96c Beans--Immediate. prompt and
MAY shipment see: June, $26f; July,
S2.67; October. s2.25. Cloverseed-
Prime spot. Is bags at sl25 October,
sf05O sample, 10 bags az sl2, al Sl;
prime alsike. s1i.50; sample alsike, 5
bags al sl0.5O. Timothy seed-Primc
spot. 20 bags at 1926.
Receipts in the Detroit market Sat
urday Included 1000 bbls OF -four. Z
cars OF corn 1s OF oats and 4 OF rye.
Withdrawals were 1000 bbls or -four,
and 1000 bu OF corn Stocks are cas-
Os5 bu OF oats. 1859 bu Of barley and
1888 bu Of rye.
Receipts or wheat Saturday: ST.
Louis. $4,000 bu. against $4,000 hi a
year ago. omaha 40 cars. against IS:
Minneapolis. l04 cars. against 2O2: Du-
luth cars against 21; Winnipeg, 347
cars against 90
Primary wheat receipts re $4,000
bu against ise 900 bu year ago.
TOLEDO GRAIN AND PROVISIONS.
TOLEDO. o., MAY 1i-Wheat: Cash
and May. tl21: July. tL19A Sept.
Si1S& Corn: Cash and Nav size;
July. 19slc; sept, IIAc Oats Cash
and May sOhc; July. 56hc Sept.
i5Lc Rye Cash. Soc CloveTsced:
Cash sl32E; October, S10.15. Dee.
SO.GS .Alsike. cash. sil; Aug. $40.
Timothy: Cash $500: Sept. SIS. Oct
si.95. Butter eggs and hay unchanged.
CHICAGO GRAIN--Opcning.
CHICAGO MAY 13.--Grain opening
Wheat: July and Sept down. &c.
Corn: July and sept unchanged. Oats:
July up lsc Sept. unchanged. Pro-
visions steady.
Quotations by Hayden. stone & Co.
open. High, Low. Close.
July. 1 1914 IL / i2Hxsi,1sx
Sept 0s osA x1 07%xs1 0s =
Dec 90 osh ! osH / Osls
July 5s@ lss MIN 7!s