The Detroit times., 1913-03-20
MARKETS and FINANCE
GRAIN AND PROVISIONS

hNAlAN hANN u kNS
DETROIT Msr,t 2V.--C close, W heat
gayr Iutle evidence 90 activity az the
.p,utuG uu Thursday Some talk Of
4 .lgt stuTWs ga tn" suuthWsrt 'aAs'u
unrasiurs~ uipoug shorts. ana there was
euDukh ,ul sriuH o. slNo ia" msFN"t "
shorts hnvc done great deal ot
covering iu oil grains durlus the past
two DAYS RiI some ~ tie fdE holarrs
arc credited wiki Aavlus made some.
increases. MOST q! the recent huNlns
las been for tAo covering ot sh"rtS.
some Of tie huyins may be cfedlteu 10
tlS crup scare. but by Ear "a" greater
share cam, truu. SNpDrt buN!ns Wien
Foreigners began 20 take wheat many
shorts covered, f"ellus that thls was
no reason just now Tor further de-
cline. Exports ~ wheat and uour iFolh
this country during February were very
heavy, more than 4-.uVV VVO on ia vN-
cess u last years total Little was
said Oh W cdnesday about new export
business. bar some hard wheat WAS SOLD
70 Eo 20 Baltimore exporters MAslhs
sales IN chicago We're 10000 ou.
continental demand for wheat - sun
quite heavy ANA there Is no slsn that
they have ovvrbCuGht fearing a spread
OF the war. Dealers hgurc that export
trade from other countries, especially
Argentina will not increase IN the near
Ins much. The advance has been little
more than a natural reaction al pest
and bears feel tidt conditions are
favorable TO their side ~ the arSu-
mert As much as ever stocks al home
and abroad are heavy and increasing,
the movement from farms II large ana
report a quiet hour deal and buying 81
cash wheat Is not urgent Notwith-
standing recent dust storm reports the
crop outlook is excellent
Wheat was duh on Thursday. There
VIII be no markets on Good Friday
me close was 81 an advance OF he in
cash and May wlreat aud q loss OF !.
IN the new crop futures
corn gained Iac and oats were UNI
chansed Cloverseed advanced zoe and
alsike declined loo.
Wheat quotations Cash No. red
sl06li May opened without change Mt
and closed at siO7l. July opened az
~ 6; and declined 70 s2i4c. September
S9S o White ri ss sios shd declined to exc
No: J. 61i4c bid. No yellow. 52lvc
s Std SS ssc yellow 10 5 MS,,s BID ,,o So
white. car at $50. sample car at
3oc. Rye-Cash No 2, sc Beans
Immediate and prompt shipment sIso:
bags ar 81 80: sample. II bags al 81 Is.
prime alsike so bags at sl240. sample.
u bags at sll Timothy seed--Prime
'pf Raos s2 bags at SO. .,. .,.
Thursday included 1000 bbls OF flour, :
cars OF oars and Of rye. " II ttttra~-
ais We're 1000 bbls or -four. ~. 00O bu OF
$S$552 bu OF wheat 1883 bu OF corn.
$3.50 bu OF oats and 1885 bu OF rye
Receipts OF wheat Thursday: Chi
S hsp lsrs ssan't 81 ysSE age 80
lLth, ~ cars. against 81: innipeg 24s
cars. against 2le; ST. Louis $4,000 bu.
against 20. 900 bu
minneapolis wheat stocks increased
S23, 900 bu for the week
Exports or wheat and Hour Thursday
2ol 900 bu.
Primary wheat receipts were $4,000
bu, against $4,000 bu a year a.o
omaha reported some export sales
duluth has 4.126.000 bu of bonded
wheat p against e.s2z, 900 bu a year ago.
apolis received S3,lTsOOO bu OF wheat.
against ss.Ss70oO bu for the core
spending period Of last year. and Du-
4uth ''o-s'O0o ou. against .5,5ll 900 bu.
TOLEDO. March 2O--wheat. Cash
Corn: Cash. 52Ac: May. 5+i.c. July
May. 3eisc: July. 35isc Sept. 35's c
Rye. Cash. &c. Cloverseed: Cash
October. s7.s5. Alsike Cash and April
sl2 80. Timothy: Cash. March and
April. 81 10. Butter. eggs and hay. un.
changed.
CHICAGO WHEAT.
CHICAGO. March 20.--Wheat opened
a tribe easier. but quickly steadied un-
der considerable buying. Liverpool
cables We're little easier. but at the
end OF the first half hour, May was on
level with yesterdays close and even
ranged lsc higher Corn started
easier, but was bought heavily and the
market gained the loss OF yesterday :
closing Trading In oats was duh. with
options heavy, shadink higher. Pro-
visions were heavy, but hrm In the
early trading.
{ IL l & A O. March 20-Opening--
heat May steady TO ~ down: July
"a down. Corn; May unchanged, July
down 1sc. Oats. May Up lsc. July up
sc Provisions; Easfer--
Noon-Wheat: May down &c, July
unchanged, TO he down Corn May
unchanged. July up &c. oats: May
down 1sc. July down hc.
Closins-W heat May up &c. July
up Nc Corn. May up &c, July w
nc. Oats: May unchanged July VI
NC. Provisions Higher
Wheat