The Detroit times. [volume] (Detroit, Mich.) 1903-1920, 1912-05-21
Markets AND FINANCE
GRAIN AND PROVISIONS.

DETROIT. May 2O.--Close: Wheat
was steady at the opening on Monday.
but early gave signs OF returning weak
ness Bears were quite aggressive and
there was no fresh bull news 10 help
prices. Spring wheat Is looking vel!
and promises about $4,000. 600 bu.
The early market looked weak for
all grains. Corn and oats declined as
well as wheat and news was rather
obearish all along the line. Bulls felt
that the decline had bee insufficient to
discount the Improvement In crop con-
ditions, but weather continues good and
every day Is supposed TO increase the
crop prospect In Kansas they figure
that the crop has been increased Ia
100000 bu by the fine weather or the
past two weeks Both bulls and bears,
IL Is Inquired, must make new plans for
the balance of the season owing TO the
change In the crop outlook. The inn
provement in the prospect in the south
west and the good spring wheat out
look are being used TO onset injury 10
the soft winter crop. Any accident 10
the crops OF either southwest or north l.
west will quickly put wheat prices
higher and there Is plenty OF chance
for injury before next harvest In the
meantime the bears feel that prices are
very high. but there are plenty ct buy :
ers on every decline and the general
advice from Chicago houses Is To buy
for moderate profits on every break.
Wheat had a very weak spell and
dropped 2m2ltc. but made some rtcov-
ery later and closed at decline OF
%iGlc, Corn was easy. but recovered
and closed unchanged. oats and beans
declined lie,
Wheat quotations: Cash and May No
9 red, $IlI. July opened without change
at $i.14L. declined 10 $l.12 and adj
vnrced 10 Sl.!Sll September opened At
vanced 10 Sll2A December. sl.lAA I;
No ! white, SIP.
Coarse grain quotations: Corn-Cash
No y 81 &c; Ne yellow; soc; No. J
al see; No white. ear at soc; No. 3
white, 5st.c RYe-Cash No. ,, CSC
Beans--Immediate. prompt and MAY
shipment. s. 20. June. 81 y; July. s2'I5;
$3.50. October. SAGE: prime alsike.
alsike, sIL5o. Timothy seed-Prime
spot, s64H.
Receipts in the Detroit market Mon
day included Loco bbls OF -four. cars
OF corn and OF oats Withdrawals
were 500 bbls OF -four 900 btu of
wheat and 1900 bu OF corn. Stocks are
3.0s.5 2a bu OF wheat. ll7.000 bu Of corn,
1oo.5ls bn OF oats L75s hu OF barley
and H. i6S bu OF rye.
Receipts OF wheat Monday: Kansas
CITY. 81 cars. 20 year e go: St Louis.
5000 hu, against $1,000 bu: Omaha II
against 27i Winnipeg, 81 cars. against
l30. Duluth. cars, against 81.
Worlds wheat exports last week
wero !i,S5600O hu. OF which Russia con
tributed $4,000 bu and the Danube
3l6.00n bu.
Liverpool wheat closed isahd and
corn I'd lower.
Primary wheat receipts were 55G, 600
bu. against 2.000 bu
The visible supply OF wheat de-
creased ASIA coo bu last week OF corn
Increased $1,000 bu and OF oats de-
creased 635, 900 bu
TOLEDO GRAIN AND PRODUCE.
TOLEDO, May 20.-wheat: Cash and
May. s115A: July. $I.12A: Sept
sIi2Ac: Dec. s1l4Lc Corn Cash and
MAY 7sc: July. 76c: Sept. 74c oats:
Cash and May. sage: July. sic; sept@
Oct. s10.1o: Dec slo.lo. Alsike: Aug.
1915. Timothy: Sept. s4.45. Oct. s4.35.
Butter, eggs and hay unchanged.
CHICAGO GRAIN--Opening.
CHICAGO. May 20--wheat: July
down 4 c; Sept. down &c. Corn: July
unchanged. Sept. down hc. Oats: July
down asc: Sept down lsc Provisions
lower.
Noen--wheat July down 1c: Sept.
down &c, Corn July down 5sc: Sept.
down sc. Oats: July down &c: Sept
Close-wheat. July down 1c: Sept.
down &c. Corn: July down &c: Sept.
down &c Oats: July down lisc:
Saut down ILc Provisions lower