The Detroit times. [volume] (Detroit, Mich.) 1903-1920, 1914-03-24
rs and FINANCE
GRAIN AND PROVISIONS

DETROIT. March 2i.--Close - Th'
early buying IN wheat was nrm Oh
Tuesday and trading was not active
Liverpool reports plenty OF wheat ~
sight, but the corn deal holds whea
Liverpool based its nrmness on bull
ish feeling In Winnipeg and Arsen
tina. There was short covering IL
March and "A fair demand for carSoes
English millers We're buying. Russiai
Offers are ample and the Australian
visible supply is liberal. serving i
check the advance. Stocks In Europ'
are ample and offerings for the futur'
are enough to ensure comfortaoi'
supply FOR the future. Corn was
higher In Liverpool
some strength came to the nom,
market from reports OF dry weather
in the southwest. causing shorts Il
cover. The general tone OF advices on
wheat was bearish and all dealers
agree that the recent showing "a
strength comes from the strong corr
market. Corn trade is heavy. The
wires brought In little to Indicate any
important export buying. some whcal
was taken on Monday, but the tota
its early gain and the general tone OF
foreign adNices was not favorable t'
an advance.
While some alarm is felt In small
sections OF the southwest owing TO drA
weather the general tone of crop news
is favorable and the big winter wheat
acreage has not received any important
setback Cash demand rs slow and
mtiiers report a small demand for
Hour
Wheat had early strength and gain
ed a a i.c only To decline and close
at Mondays last prices.
Germ advanced isc. The other coarse
grains and seeds were unchanged.
Wheat quotations: Cash No. > red
9S=,c: MAY opened without change az
sl.c0is advanced 10 sf.o0s and closed
at sL00r. luls opened at 81 &4c al
raneed TO 92hC and declined TO 91S. {;
No. white. s>ac.
Coarse grain quotations: Corn. cash
No 3, S.i3c No. . yellow. cars al
Ssiac; No. yellow. 67ise.
oats yt,,s s'an Gsr cars e is1as: No
4ihc.
I've. Cash No. 2, ssi.c.
Deans: Immediate. prompt and Marcel
shpment. si.s2: April. sl.s5; May
clovcrseed Prime spot. $3.50: April
sS.:5 sample red. 40 bags at 1925; sc
AT IS, 81 at ss.75; IS at $7.e5; prime
a!slke. slo.5o: sample aisike. 20 bag.
Timothy; Prime spot. 100 bags al
$3.50.
Alfalfa: Prime spot. s7.25.
Receipts in the Detroit market in.
wheat; 3 OF corn: of oats. and 1 OF
hay. Withdrawals We're 1000 bbls q
flour 3.0oo bu. of wheat: $4,000 bu
OF corn. and le.50o bu. OF oats. Stocks
are iS9.e00 bn. of wheat; $4,000 bu
of corn: Si,4co bu. OF oats. and 21,95t
bu. Of rye.
Liverpool wheat closed unchanged Il
isd lower and corn SD higher
The European wheat visible suppl,
increased 26t,0o0 bu last week and i,
now ss.s1S.o0o bu.. against l.2oo, 90.
bu. year ago.
Wheat stocks I'm Minneapolis de-
creased 2s5.o00 bu. in three days.
Receipts of wheat tuesday: Winni.
peg, AIS ears. against 3a3 year ago
Duluth, 33 cars. against IA; Minneap!
oils. 16s cars. against l15: Chicago 81
cars, against &C. southwest. .e.00o bu.
against $4,000 bu.
Exports OF wheat and -four Tuesday
$4,000 blu.
Primary wheat receipts were $500,
bu. against $4,000 bu. year ago.
The worlds available supply oil
wheat decreased 2.50S.O00 bu las
week and is now si,017 900 blu.
against EOS, 1856. 00o bu. year ago