The Detroit times. [volume] (Detroit, Mich.) 1903-1920, 1913-03-01
n. Y. COTTON EXCHANGE
U. s. GOVERNMENT BONDS.
GRAIN AND PROVISIONS.

Dt TROIT. March Close: Liver
pool wheat closed on Saturday with no
decided tendency In either direction ana
trading here was quiet. The bearish
feature just now is a belief that there
are heavy reserves In farmers hands.
Liverpool reported the weakness
coming from America offset By cover
ing OF March shorts because OF a de-
later well supported. while the rest OF
the market was inclined to easiness
owing 10 big worlds exports for the
week. Plate offerings were liberal and
news from India was favorable. The
close was duh and steady.
The home market IL effected In a
bearish way by the greatly improved
winter wheat crop outlook; foiiow i,
supply Is large and farm reserves are
expected to show pretty large total.
The bears feel that the wheat In sight
Ia enough to insure q decline OF several
In foreign markets. A great deal OF
wheat is now on passage and soon ar
rivals Of Argentine cargoes Will In
and bring sF ,ho gn sns
have overbought and Will have cargoes
for sale In short time. May whea;
In Liverpool IL only &c lower than a
year ago. while In Chicago that option
is l1isc, lower. on the other hand,
the bulls think wheat In Europe Is be-
ing absorbed In a healthy way and
that the cargoes now on passage Wall
not be thrown on a declining market.
loss OF i4c.
Corn was steady. oats lost NC. Glow
crseed declined 10c and alsike 26o.
Wheat quotations: Cash NO. RED.
si.osk May opened without change at
slll touched S1.11L and declined TO
sl.leS July opened At 96hc and de-
clined 10 sel.c; September opened at
saisc and declined to SAKE: No. l
white. $i.0s.. Coarse grain quotations;
Corn, cash No. 3. 30Ac, No. yellow,
2 cars at 6lAc; No. yellow. 4sNc;
Oats standard. si.c: No. white. !
s2.c. Rye; Cash No. 3, sec. Beans:
Immediate and prompt shipment, ~
May, t2lo Cloversesd: Prime spot,
LOO bags At I'll 80 sample, 10 bags az
slke. $13; sample aisike, 16 bags ~
bags at Sis5
Receipts OF wheat SATURDAY: cnicaso'
80 cars. against - a year ago: Anime
apolis. ESQ cars, against 2S2: winnipeg.
2!4 cars against SIS. Duluth, - cars
against 6: southwest. $4,000 bu' against
The condition Of growing wheat in
Oklahoma is S4S. against sS.S year
Roumania,s wheat acreage IL 60 per
cant OF last years, when tue crop was
sss24,000 bu.
Exports or wheat ana Hour o@'u'""''
sos, 600 bu. 60
Tecelpts In the Detroit market SAT-
u~any were /. 900 bbls OF flour. Il cars
of crrn and Of oats. Withdrawing
w.r. 900 bis OF four, 10000 bu OF
wheat. 200 bu Of corn and 1,10o bu or
nnts stocks are 4ss.+0+ bu or wheat,
,Ib 900 bu OF corn. 5000 bu or oats
A,d 2l355 bu or rye. .
/ rImary wheat receipts were 6zfVVo
bu, against $4,000 bu year ago
TO,.EDO GRAIN AND PROVISIONS.
TOLEDO. o., March Wheat: CASH.
a osL; May. si.i0s JNy. SO &c; Sept,
oic Corn: Cash. 81 &c; May, o..
Julv. 55s.c: sept. Sac. oats; Cash,
sSi. =: MAY. sic: July. 3ss.c; sept.
ss.-c' RYE: cash. stc. Cloverseed.
dash and March. Sli.62ia April,
si1.52is; Oct. ss.42is. Asike: Cssn
and March sl3. Timothy: Cash ana
March. sI.s5, April. S.,O. Butter
eggs and hay. Unchanged.
CHICAGO GRAIN.
CHICAGO. March Wheat opened
strong today. but soon dropped to tho
closing figures Of yesterday. Corn ana
oats opened steady, but also succumbcd
TO bear movement. May and July
wheat contracts were up &c at the
opening but lost ne later. Corn
NAV opened nrm, but lost i4c after
early traces. July opened &C and re.
manned .irn oats declined &C for May
and July offerings. Provisions we're
weaker
CHICAGO, March i.-Opening y
Wheat Alay and July up re. Corn: