The Detroit times., 1913-04-28
GRAIN AND PROVISIONS

DETROIT. April e6.-Close' Wheat
had weak opening on'Saturday owing
| to weakness in foreign markets Liv-
erpool came in with a decline that
greatly encouraged bears and caused a
lot OF selling.
The weakness in Liverpool came
from liberal offerings Of Manitoba car
goes and the fine American crop out
look This caused liberal selling hlch
lasted well through the session. Liv-
erpool had a continuation OF bullish
rews and higher prices from Argen-
tina. and Russia reported small eN-
ports. but the market was governed By
the bearish news and longs were quite
anxious TO secure their profits
The winter wheat belt had some
rains and the outlook in all directions
is the best ever. This helped 10 weak
en- the Chicago market and the arrival
there OF about 100000 bushels Of
! Duluth wheat helped the bearishness
longs. The bullish factors In the sit
uatton are some damage reports from
California. the remarkable activity and
strength in Buenos Ayres and the
further evidence that European centers
Will continue 10 need large quantities
OF wheat until another harvest has
/ been secured
Bulls were not discouraged by Satur-
wheat will be needed and feel sure ex.
port buying will continue to check all
declines
strength was lacking In wheat. or
saturday and prices declined The nm
ish was at loss Of &c In cash while
the new crop futures were Off Il N "a c
Corn and oats declintd i4c. Rye.
beansSand the seeds wire unchanged.
Wheat quotations: Cash No ? red,
s1.os; May opened with a loss OF = c
at el0sA and declined 10 s1.0s. July
opened at az and declined 70 94c:
September opened at s3s. and declined
grain quotations Corn. cash No. 2.
No yellow, 55iac. sample. car at
soc Oats: Standard. car AT 3siAc.
37hc at 27c. No 4 white. ssc. Rye:
Cash No. ., e'iac. Beans: Immediate.
prompt. and . y shipment. s2.os. Clo-
verseed T. ~e spot. s1325; prime al
sike. SIS. Timothyseed: Prime spot,
Receipts in the Detroit market SAT-
urday included 900 bbls Of -four. I
car OF wheat. 2 OF corn. 10 Of oats and
OF hour and 1000 bu OF corn. Stocks
arc 2iT.i00 bu OF wheat Ga 200 bu ~
corn, $3.50 bu OF oats and 1155 bu Of
rye
Arrivals NJ Duluth wheat at Chica 20
amount 10 100000 bu The total will
he 4 500 900 hu.
Receipts Of wheat Saturday: South
west. $4,000 Blu. against $4,000 bu =
Minneapolis, EOS cars. against les;
Winnipeg. col cars. against 2ss: Chi
cago. 50 cars, against 20.
Primary wheat receipts were $4,000
Exports OF wheat and -four saturday
$4,000 bu.
TOLEDO WHEAT AND PRODUCE.
TOLEDO. April 26-Wheat: Cash and
MAY sI.0s& July. s3+c; September
a3i.c Corn. Cash and May. 5shc; July
s7Hc; septemberr;s 5sAc oats: Cash and
R Rss Gas Cash '" sic % :esp ca.h snc
April. $3.50; October. - .52r Dece,ss-
Der. ssoH. Alsike: Cash; 1910. r..
othy Cash April and March. $50
CHICAGO WHEAT AND PRODUCE.
CHICAGO April 26.--Wheat was
weak at the opening today. the Liver
pool market and Modern Miller report
proving bearish factors. Liverpool pro-
American crop. and there was much
realizing In that market today. In the
local market May and July were under
yesterdays close at the start and de-
clined nc for each month In the first
half hour.
corn dropped with wheat. After
opening, easier. both months dropped
Oats was easier with wheat and, corn.
Provisions had a stronger undertone.
with hog prices at the yards.
CHICAGO GRAIN.
CH TCAG 60. April 26.-OpeninR--
Wheat. MAY down 4c, July down -
Corn May down NC: July down &c.
oats May and July unchanged. Pro-
Visions Easier
C1ose-7Wheat May down 80. July
down % Corn May down NC: July
down 8. oats May down i.c. july
down ~. Provisions Easier
Wnss'--
a.