The Detroit times. [volume] (Detroit, Mich.) 1903-1920, 1915-02-26

GRAIN AND PROVISIONS.

r
DETROIT, Feb. as--close; Wheat
went ali 10 smash IN the early trad
Ing. liverpool was steady. hut chi.
cage was demoralized. In the local
NJ the Spsnins wss =. b sia asp
cline and was on over &c shortly after
The market opense with heavy
the opening OF the Dsrdanslles near
NJ hand or NOT made little difference.
for the market was deiuged with
wheat and big declines followed each
wers came from all parts OF the coun-
try and the wires were kept hot with
Grain business. IL was not all unload :
ms; SOME dealers were going Heavily
market resulted. The advances. when
they cape, were sudden. and dealer
on the right side had no trouble max
soidinss wsr. pretty SS thoroashis liaai,
dated.
Foreign news WAS not specially
weak Liverpool had some advances
Weather In South America was check.
ing both threshing and marketing and
exports did not show the expected IN
crease: The need OF wheat In Europe
mftted that difficulties OF slippers are
increasing. Nothing has yet been re-
ported about the sinking OF grain
p SD' thai s , assrs M nS 5.
submarine get chance at one The
most significant point about the
smnshing OF forts az the DardAneiiss
affected. while the American markets
The wheat market was dsmoraiizsd
S dur ns from part &. q sss Say
before the close, The hnish was AZ q
decline OF t0bc.
ss MAs sso,. ssan: ae s.S No. 81 red
At Si.ss. declined to $3.50, and closed
at isl; July opened a, sl.s5 d.slin;
Coafss grain quotations: corn--cash
No. .. TONG; No. yellow. 1 car at
.lS ss liz re- S:lor w .Si os sss: Mo
white. sc. Rys-cAsh No. 2. $40
Beam. -Imm.dist. and prompt ship
cicvsrsesd--Prims spot and March,
$500; sample red. so bags at $40, 70
At IS, n az s7s0; prime aisIke, Ss.76i
sample Aisiis 20 bags At s7.i. % ut
Receipts in the Detroit market on
Friday included 1000 bbls. OF -four,
seven cars Of wheat 1 Aof corn and
S SSi. q & ns Sar w oos SS ws
600 bu. OF corn, and 1900 bu. Of rye.
stocks are 4es. 900 bu. OF wheat. $780,
200 bu. OF corn. $3.50 bu. OF oats, 4.0QQ
bu. Of barley, and 1880 bu. OF rye
Primary wheat receipts were 10000
bu., against .772.ooo bu. year ago.
Exports OF wheat and hour Friday.
Rsceipts OF wheat friday: winni-
peg. 500 cars. against i1s year ago:
Duluth. 20 cars. against IA: Minnsap-
oils. 37s cars, against <82: Chicago.
l9S cara. against 1s7: southwest lis.-
600 bu. against $4,000 bu.
Timothy--Prime spot. 1915.
CHICAGO GRAIN MARKET.
CHICAGO. Feb. as.--Nsws OF the de-
struction or the Dardanelles outer
forts today played havoc In the wheat
pit. The market opened at SIS? per
bnshsl for Nay and Sill per bushei
for July wheat These prices repre-
scented overnight lossss Of from sS 70
Axe per bushel Within ~ minute:
price, dropped 60 eitsh for May and
g corn saa dro iSs 'S WIN wheat. May corn
opened at 7o&c and July options at
7ikc. These represented losses since
yesterday's close OF from ] g to &c per
bushel Fifteen minutes after the
market was opened. corn was at Tie
Tor Nay and 73Xc Tor July futures.
Noon--Wheat; May down 3kc; July
mp &c. Corn: May up &c: July up
ihc. Oats; May down &c: July
cioss.whsat: Nay. down lAe: July.
up iAc. Corn: May, up xe:. July, up
3hc. Oats: May. UP Nc; July. up lc.
Provisions: GENERALLY higher.