The Detroit times., 1912-03-14
GRAIN AND PROVISIONS.

DETROIT. March l4.-Close: Wheat
opened with some recovery from the
closing prices OF Wednesday and ruled
firm curing the early trading. Liver
pool was Irregular, but strong In
spots and Chicago mad a small early
uptarn. The weakness OF Wednesday
came largely from reports that car
goeSof wheat would be taken to Chi
cago on the opening OF navigation.
Ofters or wheat were quite large and
bears felt encouraged.
Slack demand for cash wheat in Chi
oago is the leading cause OF weakness
In wheat. The stuff is piled up IN
Chicago elevators and milIers are not
going after IL fast enough to make aIsy
impression. At that the Chicago mar
ket IL high in proportion 10 some
wheat back there as soon as the Ice
is out OF the lakes. Wednesdays dope
was all bearlsh, including larger re-
ceipts than expected at Minneapolis,
but northwestern elevator men say
there VIII be little spring wheat moved
in the next three months as farm sup
plies are practically exhausted. The
strength in Liverpool WAS surprise,
following weakness here and reports
OF a more liberal movement from Ar
gentIna. The trouble was in the March
deal. in which shorts were covering
because of smallness OF supplies In
England and scarcity OF cargoes on
coast.
Wheat in Chicago was considered
oSersold and there was bullishness in
an estimate b. n leading statistician
that the surplus wheat in this coun-
try is 14,0cO,o00 blu. compared with
l2t,OOp,O00 bu year ago. Wheat was
firm on Thursday and closed at an adj
vance OF &c all along the line. March
wheat in Liverpool was strong and
other deals quiet.
The coarse grains were steady and
seeds were quoted Il a. 1ac higher.
Wheat quotations; Cash No. : red.
sSAc; May opened with an advance Of
Le at Sl.uls.. touched sl.0eA and de-
ciined to sl.0I a; July opened 1T 80 2. C.
lost l=cand advanced to 99Ac. Sep
TENDER opened at 9ec, touched ASH c
and advanced TO CSC; No. / white, 9.S.c
Coarse grain quotations: Corn-Cash
No. .. &C, No yellow. 2 cars at 701kc;
No. yellow. cars at 6Shc. Oats
Standard. 1 ear at &c; No. white.
6lsc. Rye-Cash No. ., g3c. Beans
Immediate, prompt March and April
shipment. 81 81; May shipment, s2.+2.
spot so bags at
sl3; March, sIs: sample. bags at
sl29Q Is at $ll.25; prime alsike, $I2,
sample alsike. ~ bags at Sll.75. Tim
othy seed-Prime spot. 100 bags at
$685..
Receipts in the Detroit market
Thursday included 500 bbIs Of -four. 3
cars OF wheat, of corn and OF oats.
Withdrawals were 400 bbls OF -four,
s.lSo hu Of corn. 1900 bu OF oats and
1000 bu OF rye, Stocks are 493,s47 bu
of wheat. 1871 bu OF corn. 2Sl,5I1
bu OF oats. l,32j bu OF barley and a.
$50 bu OF rye.
Buenos Ayres wheat is quoted ad
Id higher
Liverpool wheat closed .9Imd
higher and corn lAd higher.
Receipts OF wheat Thursday: Omaha
p cars, against IL year ago; Kan
sAs City, cars. against 3d. ST Louis,
$4,000 bu, against $4,000 bu: Mime
apolis, 262 cars against s02; Duluth, e
cars. against s; Winnipeg. $40 cars.
against l27.
Estimated wheat exports from Ar
genuine this week. 4 900, coo bu
Primary wheat receipts were 1890
bu, against 237, 900 bu a year ago
Exports OF wheat and -four Thursday.
$4,000 bu.
TOLEDO, GRAIN AND PROVISIONS.
TOLEDO. o.. March l4-Wheat.
Cash. -&1-llla -MaS--11-021 u, Inlx- c9l- III,
Sept, 9SI5c. Corn: Cash, 7OAc July.
73Sec; Sept, S3Ac. oats: Cash SEC.
May, 56isc; July. 52c: Sept, 44Lac. Rye: