The Detroit times. [volume] (Detroit, Mich.) 1903-1920, 1912-04-26
MARKETS AND FINANCE
GRAIN AND PROVISIONS.

DETROIT, April 25.--Close. Strength
on Wednesday came To a great extent
from the report OF short acreage In
the spring wheat country because
farmers last fall could not get in their
usual piowing. Other crops are, 10 a
larger extent than usual. taking the
place OF wheat. Chinch bugs We're re-
ported in Oklahoma
IL Is estimated that the shortage In
spring wheat seeding viii amount 10
100000 acres and great deal of this
has been put In with poor seed Kan
sas Is being closely watched for evil
dences that VIII put wheat up or on
In the Immediate future. Damage east
OF the Mississippi has been measured
pretty accurately and discounted. but
the Kansas condition is still largely a
matter or guessing and III much Injury
IL FOUND there another upturn In prices
the price IL probably high enough un-
less there is fresh damage reported.
There are bulls who talk S1.25 for
wheat on the present showing. and
higher II trouble scomes to Kansas or
any other big wheat state. The report
OF chinch bugs in Oklahoma Is not re-
cclving much attention
Demand for old wheat is increasing
and IL liz believed the holders OF Chi
cago stocks Will soon be I'm a position
TO dictate terms To the millers OF the
country. General advice TO spectators
is to buy on the breaks.
Wheat fiuctuated within narrow linn
It's and closed unchanged In all deals
excepting September. which gained a C.
Corn advanced nc. oats hc. No. 2
rye lie. Cash beans gained &c. May
beans Sc and October beans lost &C.
Wheat quotations: Cash No. aired
s1,14A; NAV opened without change
~ $ll4h. gained "a and declined TO
SLl4hE July opened at S1.14A, adj
vanced 10 s114% and declined TO
y l4h; September opened at sl;1S. lost
s1.l3 and closed at $L13k No white,
ears at $1.12A.
Coarse grain quotations: Corn-Cash
No. 3. Sic; No. yellow, 2 cars at s2c.
] at S219c, at S3c; No. 4 yellow. size.
Oats--Standard. cars at 63lkc; No. 2
white, SIC. Rye-Cash No. 2. 95He bid
Beans--lmmediate and prompt ship
ment. S2.47; May, $252 bid; October,
1925. Cloverseed-Prime spot, 40 bags
at s12. October. $1025; sample 90 bags
at $3.50. Is at Sill. Is at $l050: prime
alsike, $l2; sample alsike. 10 bags at
i1,75 10 at sll. Timothy seed-Prime
Receipts in the Detroit market on
Thursday included 2.097 bbls OF flour
cars OF wheat. of corn and OF oats
Withdrawals were 500 bbls OF -four
1899 bu OF wheat. 1000 blu OF corn
2,2S4 bu OF oats and 1000 bu OF rye
Stocks are 262,253 bu OF wheat, 1871, $50
bu OF corn, 82.06 blu OF oats, 1859 blu
of barley and 20,56t bu OF rye.
Receipts or wheat Thursday: ST.
Louis. 10000 blu, against $4,000 bu a
year ago; Minneapolis, 1871 cars. against
145; Duluth, 81 cars. against IS: Win
nipeg. 266 cars, against 212-
Primary wheat receipts were 365, 200
bu, against $4,000 bu year ago.
Liverpool wheat closed l4QAd and
corn sd higher.
Exports OF wheat and flour Thurs
day, 1877 900 blu.
CHICAGO GRAIN-Opening.
CHICAGO, April 25.--Wheat: May up
&c; July up &c. Corn: May up hc:
July up Ac oats: May up nc; July
up 1sc. Provisions higher
Noon--Wheat: May unchanged; July
down sc. Corn May up 1c; July up
nc. Oats; May and July unchanged.
Close-Wheat: May up sc; July
down sc. Corn: May up lac; July
up ne oats May unchanged; July
down sc. Provisions higher.