The Detroit times. [volume] (Detroit, Mich.) 1903-1920, 1913-03-05
GRAIN AND PROVISIONS

DETROIT. March Close; Liver
pool did not show much evidence oi
str, myth In wheat az the start Dut
nnaly closed at An advance, The feel
ing here was that some reaction was
du" after several days Of decline.
ON Tuesday the bears pressed the
selling side OF wheat very hard. and
some OF the most hearish were caught
snort on a little closing reaction The
maj h"t can not go one way All the
time and the wise ones We're on the
watch Wednesdays news did nothing
IN the direction OF showing the situa-
ton 10 be more bullish, but there WAS
a feeling that prices had declined far
enough for the present This turned a
lot OF attention To the buying side and
the market advanced under good COM
mission house SUPPORT
Liverpool reported a nrmer tone in
Platte cargoes and some unfavora BILE
crop news from Russia, causing de-
mand for the covering of shorts Later
the favorable weather in India and re-
ports OF heavy Argentine exports gave
the market an easier tone
Nothing in Wednesdays news was OF
a nature TO change the bearishness OF
the wheat dope received during the
earlier days OF the week. and the up
turn was credited entirely TO an over
sold market The general tone OF for
eign markets is bearlsh, stocks are in
creasing and crop outlook Is favorable
every where with the exception OF Rus
STA. Some increase is noted in milling
demand, and a few lots are said 10
have been sold for export, but the
bears believe the general outlook il
greatly in their favor.
Cash wheat closed at decline OF lc
and May lost ne July and september
advanced &c
The coarse grains were unchanged
Cloverseed declined loo.
Wheat quotations--Cash No. red.
sl.06l2 May opened without change at
SL0si.. advanced 10 81 oSi1. and closed
AT 81 os, July opened Al 94lsc. and ad-
vanced to 94s.c, september opened at
80 Lac. and advanced 10 S3Sc: No. ]
white, SiO5i1
Coarse grain quotations. Corn-Cash
No. 3. soc; No. 3 yellow, ole No. yell
oats-Standard. st4c; No. ; white.
cars at 3Sa.c No white. l car at
Rye--Cash No. = SIZE
immediate and prompt ship
ment sl.e5; May S2.o5.
Cloverseed-Prim spot 40 bags at
prime alsike, s12.,5 sample alsike.
bags at $ll.
Timothy seed-Prime spot, 40 bags
at sl.65.
nesday. included 1000 bis OF -four i
ear Of wheat OF corn and OF oats.
Withdrawals were 1000 bis OF hour and
5000 bu OF corn. stocks are $500 ou
Of oats. ana 1885 bu OF rye.
Liverpool whea: closed u a I'D high
er. and corn unchanged TO I'D higher.
Receipts Of wheat Wednesday: Min
neaI oils. 30l cars. against lS2 year
ago: Duluth. IS cars against Is; VIM
nipeg. 2l6 cars against 5ls; St Louis.
- 600 bu. against $4,000 bu; Chicago.
10 cars, against -.
Exports 81 wheat and -four. We'd
nesdaY, 100000 hu.
Primary what receipts were $4,000
bu. against 3l5. 900 b. year ago.
Wheat stocks In Minneapolis In
creased ~. 000 10 for four days
CHICAGO GRAIN.
CHICAGO March Wheat opened
steady with prices shade up. At the
end OF the first half hour. May had ad-
vanced &c corn was firmer for the
MAY option and advanced NC in the
first half hour. The commission houses
were fair buyers early In the day. Oats
were firm with the trend slightly up
ward. Provisions We're active and
higher. due TO upturn in prices at the
Yards and smaller receipts than had
been expected. All provisions opened
IN and continued 10 advance
CHICAGO. March 60 p n n G.
" heat. May anc July unchanged. Corn:
May ana July unchanged. Oats: May
~ i.c July UP NC. Provisions:
Noon-wheat: May up i.c: July up
sc. corn: May up lac. July up Nc.
BATS: May up &c: July up NC.