The Detroit times. [volume] (Detroit, Mich.) 1903-1920, 1913-03-11
MARKETS and FINANCE


DETROIT. March li.--taose 'rhe
government report had no effect 60.
wheat prices early In the dag, n"t
weakness came later. largely heNHN7,
Liverpool took bearish view az II avn
declined.
Liverpool had some realizing th4t
put prices lower and the market N"'
hearishly effected by larger offernl-s
! and reported Il disposition on NE pa
( ti buyers 10 meet tho views ~ srh'lf p.
This had a hrming enect on idNrIi''''
near the close. Russia reported o"ti,
weather for wheat and the coutinenih
wheat markets were hrm.
Dealers consider the government re-
port bcarish although ~ did not SNOW
as heavy stock as the leading hears
: expected. The surplus is considerably
ABOVE the average. and heaAy enoAE"
TO meet all requiremc nts and lelN"
abundance for export The northwest
ern situation is shown 70 Ice espccl ally
beartsh. with an excess OF Sl,5oO.oOO bu
oyer the supply a year sso. being more
than daohta= fast=se 4 sunni -
From present appearances II VIII
'take an Increased foreign demand
bad crop scare 10 boost prices and adj
not expected Liverpool al hrst re-
ported an acute political situation anu
later said a meeting was soon 10 be
held that would clear up the war stu
Wheat was weak throughout Tues
days session and closed AZ loss ar
Nc I'm September.
The coarse grains were dull and
steady Cloverseed declined loc
Wheat quotations: Cash No . red.
slo7h and declined to si.o6a July
opened at 90 and declined 10 93H {;
September opened at csc and declined
TO s2hc; No. white. n.olA, Coarse
6o+c: No 3 yellow, ? cars at 57&c;
No yellow. 5o4c Oats: standard, !
car at si%c: closing, al S5c bid No
Rye: Cash No 2. SIC. Beans lmme-
diate and prompt shipment, $3.50; May,
; 81 Cloverseed: Prime spot, 100 bags
AT SO: prime alsike 90 bags At sl27o;
sample alsike. is bags at sll.5o Timo-
thyseed: Prime spot, 80 bags at Sl.s5.
Receipts In the Detroit market Tues
day included 1000 bbls OF -four and >
cars OF oats Withdrawals were 1000
/ bbls Of sour and 5000 bu OF corn
Stocks are 405I52 bu OF wheat. 21o,35s
bu OF corn so,s3o ou OF oats and 1885
bu OF rye
| Liverpool wheat and corn closed !.
I a Nd lower.
Receipts of wheat Tuesday: Mime
/ apolis 3a5 cars against 1872 cars a
year ago; Duluth. lls cars. against 54;
/ Winnipeg AIS cars, against 445; 81.
Louis. $4,000 bu. against $4,000 bu; Chi
: cago. l0I cars, against Sc.
- The Canadian visible supply OF wheat
Is % 1875. 900 bu. against 2i.111.000 bu
week ago and 9s 1851. 600 bu "A year ago.
Exports of wheat and -four Tuesday.
26s 900 bu.
= Primary wheat receipts were SIS. 900
bu. against 425 900 bu a year ago.
The worlds visible supply OF wheat
increased $500 600 bu last week and Ia
now EOS. 600 bu, against 1s&,sl5,ooo
bu year ago.
TOLEDO GRAIN AND PROVISIONS.
TOLEDO. O.. March 1l--Wheat: Cash.
si.05h May. sl.os. July. 93&c: Sept.
s2c. Corn: Cash, 5olse; MAY. 5Ste.
3+hc: May sshc; July. S5Ac Sept,
34i,c Rye: Cash. CSC Cioverseed:
Cash and March Sll.3o: April. s1l.lo:
Oct: $3.50 Alsike: Cash and March.
April. Ns7h. Butter. eggs and hay:
Unchanged
CHICAGO GRAIN.
CHICAGO. March I1-wheat opened
steady. shading lower with the COM
mission house moderate sellers. Corn
was firm and higher at the start. The
selling pressure was moderate with
government reported oats a weak un-
dertone and options FIJI at the OPEN
ing. Provisions were strong and high
err High prices and small receipts at
the yards caused the advance.
Grain opening-Wheat; May, UNI
up NC: July up &c Oats: May down
nc; July down &c. Provisions; Ad-
vAnced.
Noon-wheat: May down lc July
down i1c Corn: May down nc. July
down NC
Closing Wheat: May down Ihc;
July down &c. Corn: May down 4.
July down &c. oats May down Ne;
July down &c. Provisions: Lower.