The Detroit times., 1912-05-20
NEW YORK COTTON.
GRAIN AND PROVISIONS.

DETROIT, May 20-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 TO help
prices. Spring wheat Is looking well
and promises about 175.000.0O0 blu.
The early market looked weak Tor
all grains. Corn and oats declined as
well as wheat and news was rather
bearish 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 H.
000,000 bu by the fine weather OF the
past two weeks. Both bulls and bears.
II Is figured. 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 Offset injury to
the soft winter crop. Any accident to
the crops of either southwest or north
west will quickly put wheat prices
higher and there Ia plenty OF chance
for injury before next harvest. In the
meantime the bears feel that prices are
very high, but there are plenty OF 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 2q2Ac, but made some recov-
cry later and closed at decline OF
AGlc. Corn was easy, but recovered
and closed unchanged. Oats and beans
declined lie.
l. Wheat quotations: Cash and May No.
gred. STA; July opened without change
at h14h, declined to sll2 and ad-
t1.13%, declined to $1.11% and ad-
yanced 70 'il?%; December sllfA
No. l white. $l12.
Coarse grain quotations: Corn--Cash
NJ IN
yellow, 79kc. Oats-Standard, cars
at SEC; No. white, car at SIC; No. 3
white. 56ac Rye-cash No 2, s5e.
Beans-Immediate. prompt and May
October. 1925. Cloverseed-Prime spot,
S12.5O: October, $3.50; prime alsike.
alsike, sI15o. Timothy seed-Prime
Receipts fin the Detroit market Mon
day Included Loco bbls OF flour. 3 cars
OF corn and OF oats. Withdrawals
were 500 bbls OF -four. 1000 bu or
wheat and 2.3cA bu OF corn. Stocks are
3,0S.52a bu OF wheat, $4,000 bu OF corn.
IOO.3i5 bu Of oats, 1889 bu OF barley
and 1853 bu OF rye.
Receipts OF wheat Monday: Kansas
CITY. 81 cars. 70 a year ego; 81. Louis,
"a. 900 hu. against $1,000 bu; Omaha. II
cars, against 81: Minneapolis. lS9 cars,
against 274: Winnipeg. SO cars, against
| 1870; Duluth. cars, against "a
Worlds wheat exports last week
tributed $4,000 bu and the Danube
| Gle 600. bu.
Liverpool wheat closed X I'D and
corn "a I'd lower.
Primary wheat receipts were 55C, 900
bu. against $4,000 bu
The visible supply OF wheat de-
creased $4,000 bu last week OF corn
| increased $1,000 bu and OF oats de-
creased $4,000 bu
TOLEDO GRAIN AND PRODUCE.
4 /.
May, S1.15L: July. s1.12E: Sept
s1.12hc; Dec, S1.14kc. Corn: Cash and
May. 76c July. -76c Sept, Tlc. oats;
Cash and May. save; July. sic, Sept.
It2Hc. Rye: Cash. sc. Cloverseed:
oct. S10.10: Dec, SI0le Alsike; Aug,
Isg75 Timothy: Sept. f4.45; Oct S435
| Butter. eggs and hay unchanged.
CHICAGO GRAIN-OpeninR.
| CHICAGO. MAY 2O.--Wheat: July
down &c. Sept down sc. Corn: July
unchanged; Sent. down &c oats; July
down asc: Sept. down &c. Provisions
| lower.