The Detroit times. [volume] (Detroit, Mich.) 1903-1920, 1913-04-16
GRAIN AND PROVISIONS


GRAIN AND PROVISIONS
DETROIT Aprn lS.- Close The
splendid crop promise Hsd a WeakciiIhs
influence on wheat Mondal, which MAS
onlN countera ted ma part 10y the for
eish strength. Spring wheat seed =
Ia the n"rthw est was making sood
progress.
While the English market shows
some decline, there is no indication OF
going TO pieces all AT once. The de-
cline in Tuesday was less than the
bears expected and shows that wheat
IL needed in Europe. IL II were not
the foreign markets would be only too
anxious 10 beat the American markets
or the slump Weather continued ~
vorable and the crop outlook could
scarcely be better than II is just now.
Traders are looking for liquidation
Of the May deal and the bears feel
that a lot OF wheat must soon be
thrown on the market, but this mar
ket has friends and pressure VIII re-
quire to be increased IL a sharp de-
cline is 10 be brought about. In sta
tistics there is bearlshness. The Nisi-
bic supply Ia much greater than u
year ago and So is the supply in farm
ers hands. crop expert says ohio.
Indiana and Illinois should raise l0o.-
900 900 bushels OF wheat, or three
times last years crop.
IL is not known Yet whether the big
wheat cargoes at Duluth VIII go 10
Chicago or Buffalo AT the opening OF
navigation. Liverpool Aad humors OF
reselling wheat AT Antwerp.
\ little early strength was shown IN
wheat but weakness came later and
the close was at loss or lie In cash
oil May, and isc in the new crop fu-
lures.
Coarse grains and seeds were duh
and steady.
Wheat quotations-Cash No. red.
sl0s May opened without change at
SOS; July opened at s:Ac. advanced
10 s3c ana declined TO e2iac; Septem-
Der opened at s2i.c. advanced TO sch
Hye--Cashand declined TO s2c: No. !
white. Sl0.
Coarse grain quotations-Corn--
Cash: No. 3. SEC; No yellow, SIC, No.
yellow 55ifc Oats--Standard. soc;
No, white, ssc: No. white. car at
Immediate. prompt and May shipment.
81 Prime spot. 40 bags
at sl3.2b, sample. 20 bass at SO.
prime alsike, $3.50; sample alsIke. 10
bags at i2 Timothy seed-Prime
spot. 90 bags at $40
Receipts in the Detroit market Tues
day were 1000 bhis. OF flour. cars OF
corn and OF oats. Withdrawals were
1000 bbls. OF nour, 1900 ou. OF corn.
and LOO bu. OF oats. Stocks are 2ss.-
S09 bu OF wheat s1,5os bu, OF corn.
50.6 $50 bu. OF oats and 1915 blu. OF
rye.
receipts or wheat tuesday. MIN
neapolis 1852 cars against 81 a year
ago: Duluth, 40 cars. against 81: WIN
nipeg, l6S cars against 1928: st. Louis.
as, 600 ou., against 1000 ou.; Chicago,
IL cars. against 30
Minneapolis stocks OF wheat de-
creased 10000 bu. In three days.
Primary wheat receipts were $4,000
bu.. against 23SOoO bu. a year ago.
Exports OF wheat and nour Tuesday,
$4,000 bu.
Worlds visible supply decrease last
week. l,2S4 900 bu.
Snow SAYS crop prospects In Neva-
ia, Kansas. Oklahoma, Missouri and
Illinois are the best in 20 years
Liverpool wheat closed iscn 80 and
corn ID lower.
The European wheat visible supply
Increased 2.424.O00 bu. last week. max
ing the total now s,,4oo,OOo bu
TOLEDO. O.. April i5.--wheat: Cash
and May. no5e July, 49,; SePttesin
July. 57isc, september. 5SAc. oats
Cash. 55%c; MAY. 'Isc July. 's,.c
Ssp;emseGJ s,a F sS ARA Gash; So
october. $50; september. st45. Alsite:
Cash. s12 60 Timothy: Cash. April and
March; $40. Butter eggs and hay
CHICAGO WHEAT AND PRODUCE
CHICAGO, April I5-Wheat started
j. lower. but the market was support
ed by resting orders at s0I.. and later
advanced under buying pressure. ~
the close Of the frat half hour both
months were mp I. TO Is over the day
opening May corn opened Arm with
moderatt demand and light offerings
advanced y in the first half hour. July
gained q during the early trading.
MAJ oats was sharply higher, after
opening steady. The advance ranged
from :. TO - Provisions were easier
on d large run OF hogs at the Yards.
CHICAGO GRAIN.
CHICAGO. April l5.-OpeninS-
Wheat May and July down - each.
Germ: Nay down Is; July unchanged.
oats May unchanged, july down u.
Provisions: Easier
Noon-Wheat May up &c; July W
hc. Corn May up iac. July up kc
Oats: May up sc, July up &c.
Closing-Wheat: May down sc; July
down Nc. Corn: May up &c July
down ssc. Oats: May up he; July
down nc. Provisions: Firm.