The Detroit times. [volume] (Detroit, Mich.) 1903-1920, 1913-04-08
MARKETS and FINANCE
GRAIN AND PROVISIONS


DETROIT. April S-Close: Contin-
ued strength in Liverpool'is a surprise
10 the American trade. stocks over
there are Increasing. Me quantity
aroat il very large. worlds exports are
well up to record, but LiverpooI
maintains Us strength and Keeps on
coming higher.
The government report was about as
expected, showing condition OF -, o
for winter against sos year ago,
when the crop was zoe 900. 900 hu. II
is figured that a condition or ~ woulu
mean a crop OF $4,000, 600 bu. Liver
pool was strong on the Amerlean az
vance and strength In LEADING south
American markets. France was buN!nS
Australian cargoes, which were hrmiy
held. ON this Side OF the Atlantic the
fact that prices have had an advance
OF Sc and should be ready Tor a turn.
but the bulls do not take that view or
II They figure that all the hearish
conditions have been known SO ions
that they are discounted and feel that
the government report was anticipated
10 such an extent as 20 take away It's
bcarishness.
Flour demand is not improving TO
such an extent as To give any hope or
strength from that direction and bears
are somewhat mystifed at the power
OF the market 10 advance and carry
such a heavy load OF sctua! wheat 10
say nothing Of the fine new crop pros
pect.
The vhet market was easy in tone
and closed with a decline OF isc.
Corn advanced pc oats closed nc
higher IN all grades excepting No. 4
vanced :5c.
Wheat quotations: Cash and May No.
: red. S.11ia. July opened without
change at ga. c and declined TO 93a. c !:
to eshc; No. white. sLlois Coarse
grain quotations: Corn, cash No ;. soc;
No. 3 white. 2 cars at 5Thc; No. yell
low. 3 ears at 5sc: No. yellow. 64is c..
37c; No. white. car at Ssc. offered
at 35c Rye: Cash No. 2. 60i.c Beans;
Immediate and prompt shipment. sl.9s
May. 81. Cloverseed: Prime spot 40
SO %; prime alsike. sI2.75. Timothy
seed Prime spot. so bags at $40.
Receipts in the Detroit market on
car OF rye Withdrawals were 1000
bbls OF Hour. 5000 bu OF wheat. 5000
bu OF corn and 2200 bu OF oats Stocks
ara 2sa, s19-Su- of wheat as,b09 Blu or
corn. $3.50 bu OF oats and 1888 bu
OF rye.
Receipts OF wheat Tuesday: winni-
peg 159 cars, against 26e year ago;
Duluth. - cars. against 80; Minneap-
oils. 100 cars, against 49, Chticago.
So cars: southwest. $4,000 bu. against
4so 900 bu.
Broomhan figures that Indian ex-
ports OF wheat 10 the end OF July VIII
be $4,000. 900 bu and that Russia will
export 40 900. 900 bu in the next four
months.
Liverpool wheat and corn closed q
y d higher.
Minneapolis wheat stocks Increased
IS. 900 bu in three days.
The European wheat visible supply
increased $500 600 bu last week, max
Ing the total sl.976.oo0 bu.
Primary wheat receipts &++,ooo bu.
Worlds visible supply OF wheat de-
creased 500 900 bu last week.
Exports of wheat and -four Tuesday
100000 blu.
TOLEDO GRAIN AND PRODUCE.
TOLEDO, April s-Wheat: Cash and
May, s1.l2t.; July, &c. september.
81 NC. Corn: Cash, 56lsc; May eSnc.
ssc. Rye: Cash. SIC. Cio-
Cash. 1870; April. Sl3.ls .
s7.s5. Alsike: Cash. sl25o
Timothy: Cash. April and October
$40 Butter. eggs and hay: I'm
CHICAGO GRAIN.
CHICAGO April s-The wheat open
ing this morning was steady to nc
lower. with deferred months lower
Selling was OF better character than
was noted yesterday. most private wire
and other commission houses having
quite a number Of selling orders. most
ly small
Corn trade was not large, but was
Of scattered commission sort with
prices of "A shade. Local spectators
were the best sellers. go
oats started with selling fairly lio-
eral and general support came mainly
from overnight shorts.
Provisions were higher all around
with good general commission house
buying.
The early Liverpool cables reported
\ higher market in wheat, with short
covering on strength OF the firmness In
America Corn was higher on American
strength and shorts were also covering.
CHICAGO, April s.-Open-Wheat
Aay-up lac. July down sc. Corn: May
IN l. q. July unchanged. acts: May