The Detroit times. [volume] (Detroit, Mich.) 1903-1920, 1913-05-24
U. s. GOVERNMENT BONDS
GRAIN AND PROVISIONS

DETROIT. May 23.-Close: Wheat
had nrm tone at the opening on
Friday. but the strength did not come
from Liverpool. The English market
was weak and lower.
The easy tone in Liverpool came
from. several directions. Worlds ex-
ports FOR neutrality-suspicious. wypoin
ports were large according ~ est
mates and India was making free or
ferinEs OF wheat. The only strong
point In Europe was France where the
France Will require 100000 bu. Of
foreign wheat before next harvest
russian advices were bearish and the
con tinsnt was said TO De reselling
cargoes.
Chicago wired that during the last
twenty-four hours j2s, 900 blu. OF No.
northern wheat had been cancelled
In store for shipment; $4,000 bu. taken
from special bins and 100000 bu. No.
hard and No. red for shipment.
A decidedly bullish turn was given TO
wheat BY AN estimate reducing the
kansas crop TO S0.o00.00o bu. The
change in outlook in Kansas IL the
leading feature in the wheat news and
has made big change In feeling
Bulls say the fine crop outlook had
been discounted and any injury must
be very bullish. Bears believe the crop
large enough TO be bsarish even with
the damage In Kansas admitted With
the crop cut down from Its high prom
ise and Europe coming for 100000 bu
week which Broomhall says Is nee
essary, the outlook has lost It's extreme
bearishness Many bear dealers have
already turned over 10 the bullish be-
lief and buying on breaks is the atti-
tude OF leading speculators. Chicago
reports an active cash demand for
millers. but not much doing for ex-
ports
Wheat was DUH and firm on Friday,
closing with cash lc and the new crop
future &c higher
Corn advanced itc and oats gained
lc Rye and beans were unchanged
Wheat quotations: Cash No. red
of NC at s1.os% and advanced to
sl.Osh July opened at sI&c, advanced
to s2c and closed at s1%c; September
opened at 81 he, advanced TO 81 Nc and
closed at 81 ,sc; No. ! white, f.osh.
No. 3. sec: No. yellow, slsc; No 5
yellow. i car 1T 60c closing at sic,
Oats: standard t2bc: No. . white.
2 cars at aye: No. white. car at
%0ho.
Rye: Cash No. 2. s3hc.
June shipment. 1905.
Receipts in the Detroit market FRI
day included I. 900 bbls OF hour. . cars
OF corn and Of oats Shipments were
1000 bbis OF -four Stocks are 49,
900 bu OF wheat. $1,000 bu. OF corn.
rs. 7s0 bu OF oats and IS. $50 Blu. OF rye.
primary wheat receipts were 453.0c
Exports OF wheat and hour Friday.
1876. 900 blu
Wheat stocks at Minneapolis de-
creased 100000 bu for the week
Argentine wheat visible supply. g.
24o, 900 bu.;. weak ago. 100000 bu.;
yenI wSs.. Er,h.x. soutb
west. $4,000 bu against $4,000 bu. a
year ago Duluth s. cars, against 10:
227 cars. against 3es;
Winnipeg. SOC; chicago 20 cars
TOLEDO WHEAT AND PRODUCE.
and ao May ;l. 10 i July siI g; ssp,emssf
Scss December. sass Corn; c.sn
Sai; .c 3.s' s cpss afss S May rye s
cash. s4c Cioverseed cash ga: &c
tobsr. s5sg,s: Dsesmesr; sITih a,
sike: October, 81 Timnth!: Casns.
}l.s5. September. s2.lb. Butter. esas
ana hay: Unchanged.
CHICAGO WHEAT AND PRODUCE.
CHICAGO. May 2S--7rhe grain list
was strong today May and July wheat
started higher. and I'm the early TRAD
ing May was at s2c. nc higher than
last nights close. and July at e0isc.
nc better than the closing prices Of
YESTERDAY Offerings were light.
corn rose on the strength In the
wheat and oats pits and after starting
Arm prices advanced NC To- "a In the
Nrst half hour The demand was good
and Offering. light.
Oats wer. sharply higher after
firm start May jumped &C and July
re In the nrst half hour The de-
n1aud strong with scarcely any
offerings
Provisions were weak because OF
weakness in high prices.
CHIC A8O GRAIN.
CHICAGO May 23.--ppe In r..
Wheat: May up &c. July up &c. Corn:
May steady. July down &C. Oats.
NAV steady. July up &c. Provisions:
Easter
Noon--W Wheat; Nay down ~: Iniy
up &c Corn May up nc; July up