The Detroit times., 1913-05-08
MARKETS and FINANCE
GRAIN AND PROVISIONS


are watching the American crop PROM
isc aud "A very brarish feeling IN the
result LIVER DOL declinrd again ON
" ednesdsy amt closed easy.
While the outlook holds nothing
favorable foI BUYERS. the market has
had n decline LASTING several DAYS ana
wheat IL much lower than II Was '"lu-
mission men were advising their cH'
toners TO look out for reaction ~
the shorts began taking profits
were some Indications that they
prices responded with n small advance
Bulls believe the market has been over
sold. A government report Il expected
on Thursday and the feeling is genera
that IL will sustain the splendid crop
conditions previously reported by PR
vate experts. but this has To great ~
tent been discounted and Il hearish :.
pors may not be- followed by deCl'
Liverpool reported reallZinf ~ a.
ers because OF favorable outlooi
America and Russia. Plate on,
for distant shipment Were lower
Buenos Ayres closed easy. Ca
were in light demand Russia had i.
rains In the southwest and the crop
outlook is excellent. Offers were lower.
Kansas sent In good reports. Every
thing Is fine since the rain ami harvest
Will be early. No important damage
changed front on Tuesday and is now
about million bushels short. The
trouble between American sellers an.
English buyers is practically settled
and exporters have been showing som
Increased activity In American market
during the past few days.
new crop fuures. The former GAINED
Lc, while July unchanged and Septem
Der declined i.e No. 3 corn declined
lie and the other coarse grains and
seeds We're unchanged.
Wheat quotations: Cash No red.
sl.06l. May opened with "A decline OF
i.c at slo5 and advanced to 81. % y
July opened at Gle and advanced to
L. a. Sar, a m i.aF md a An
clined 10 90tc and advanced 10 so%. c;
No. / white. sl.04r Coarse grain quo
tauons Corn. cash No. g. cars at
SOC No yellow. 5sc No yellow;
o6c. oats: Standard. 3sixc: No. 3
white cars at 3T8c: No. white.
5src. Rye: Cash No = siiac Beans.
immediate. prompt and May shipment.
s2o5. Cloverseed: Prime spot and al =
sike. $l3. 20. Timothyseed: Prime spot.
sl75
Receipts in the Detroit market Wed
nesday included 1000 bhls Of -four. /
car OF corn and OF oats SHIPMENTS
were 1000 bbis. Stocks are 2ss,l00 bu
OF wheat. s6.100 bu OF corn. 9s.33O hu OF
oats and 1850 bu OF rye
Receipts Of wheat Wedne sday: Min
neapolis. 1913 ears. against "a: Duluth.
ears. against 263; wheat. 80 ears,
against co, southwest 5000 blu.
against $4,000 bu
Kansas is figured TO have 100000
100000 blu year ago.
Primary wheat receipts were 703. 000
bu against $4,000 bu a year ago.
Exports OF wheat and -four Wednes-
Liverpool wheat closed IL a a.d and
corn !. lower
TOLEDO WHEAT AND PRODUCE.
TOLEDO. May Wheat: Cash and
May. sl.o6: July. ale; September. SOS sc.
Corn Cash and May. 56t.c; July.
D. a. SAT taVt h..V 80 81.
and May. 3IAc: July, SIC, September,
s6esc, Rye: Cash. csc Cloverseed
cash. $ls.s5 October. $3.50; December.
- L. Alsike: Cash. $3.50. Timothy
ter. eggs and hay: Unchanged.
CHICAue GRAIN.
CHICAGO, May 7.-Opening-Wh heat:
May down sc; July down ssc. Corn:
down &c: July down tsc. Provisione
Easier.
Noon-wheat: May unchanged: Jul,
up nc; Corn; May up &c; July w
close-wheat May up i.c; July w.
&c. Corn. May up re. July up sac
Oats: May up sc; July up sc. Pro-
visions; Firm; shading higher.
CHICAGO WHEAT AND PRODUCE.
CHICAGO, May Wheat continued
to decline today. opening sc under
yesterdays close and making further
losses In the early trading. The Liver
pool market was sharply lower. nearly
every factor aiding the bears
corn was firm today. Armour sold
freely, but there was enough covering
by shorts to support the market
May oats were trihe easier, but
July held firm on moderate buying
PROVISIONS reflected the weakness in
hog prices and options were down.
Wheat
May. SsA. 81 Ssas xbss7L
SsI. Ssss sST. xssl
Sept. Sss. xS9l. xSsss ss9i,