The Detroit times., 1912-04-02
GRAIN AND PROVISIONS.

DETROIT, April 1.-Close: Wncat
bulls are not setting the expected u,dg he a
the fields and leaving the plant In good
shape. There Is plenty OF moisture ana
the promise OF n warm spring. Liver
pool was quite strong on Monday ana
so was the corn market but wheat had
"A decidedly weak opening and sofa
steadily lower during the early market.
Wheat bears say corn is responsible
for several cents OF the present price
follow the former any higher at pres
Snt. They figure that wheat, In the
absence OF serious crop damage, has
no strength OF its own and must work
lower. Crop news Is very favorable
from almost every part OF the winter
wheat belt on both sides OF the river
and there Is nothing I'm the cash situa-
ton or the -four market TO help boost
Left TO itself. without the help OF
corn. the wheat situation has heavy
look. The opening OF navigation does
not promise any material reduction In
Chicago stocks. IL II does not bring an
actual increase and the cash situation
I'm Chicago has everybody guessing.
Minneapolis receipts are again heavy
and the trade Is alarmed over the COM
petition OF Canadian wheat.
Wheat was very weak during the
early part Of Monday and declined
about NC At the break lot OF sup
port came and the close was at n loss
.
Corn advanced nc and other coarse
grains and seeds were unchanged.
Wheat quotations: Cash No. ? red.
y9iac: Man opened with a decline of
&c at $L0lA, slumped TO 81 and ad-
vanced 10 slOlh July opened at 9SAc.
declined to 97isc and closed at 9Sl4c;
September opened az Csc, declined TO
Sc C and closed at s7hc; No. white.
97kc.
Coarse grain quotations: Corn-cash
No. 3. T4c; No. yellow, 20 isc bid; No.
yellow. 74c bid Oats-Standard.
ears at Sc No White. 55nao, a., Rye y
prompt and April shipment s242: May
shipment. s2.47. Cloverseed - Prime
spot. 20 bags at sl2.50; April, s1l.75;
sample - bags at sn,SO; at 81 90 |;
bags at sl1. Timothy seed-Prime spot,
so bags ut $500.
Receipts in the Detroit market Mon
day included LAS bbls OF -four. l car
% wheat &c OF corn and OF oats.
Withdrawals were 400 bbls of -four,
| ., 900 bu OF wheat 1898 bu OF corn and
| 1 900 bu of rye. Stocks are 436.S30 bu
OF wheat, 1914 bu OF corn, 1l0,346 bu
OF oats. 2,37l bu OF barley and 21,65S
bu OF rye.
Worlds wheat exports last week
were 1l.376.000 bu. of which Russia
contributed 100000 bu and the Dam
Receipts OF wheat on Monday: Min
neapolis. $40 cars. against 335 cars a
year ago; Duluth. II ears, against IS;
Winnipeg. 715 cars. against AGO. St.
Louis. $4,000 blu. against $1,000 blu;
Kansas City. ~ cars against Al
Wheat on passage last week increas-
ed 2.s52.000 blu.
April condition OF wheat in Oklaho-
ma 7f.6 At harvest last year II was
As and tht crop was S.000.0 bu.
Primary wheat receipts were $4,000
blu. against 551, 900 bu a year ago.
Visible supply decreases last week:
Wheat. 2011.0o0 blu: corn, $4,000 blu:
oats. COZ 900 bu.
All the grain markets Will be closed
on Tuesday; Chicago election.
Exports of wheat and -four Monday.
1890 blu.
Wheat in Liverpool closed unchanged
20 q Il higher and corn u a. y d higher.
CHICAGO GRAIN-Opening.
CHICAGO. April 1.-Grain opening
Wheat: May down lsc: July down &c.
Corn: May up &c; July up Ac. Oats:
May and July up sc. Provisions high
ler
Noon--wheat: May down sc: July
ldown 1Le. Corn May up sc; July up
&c. Oats: May unchanged; July down
Sc.
Close-wheat: May unchanged: July
down &c. Corn: May up lsc; July up
&c Oats: May unchanged; July down
sc Provisions higher.