The Detroit times., 1917-03-07
Grain and Provisions

which without exception opened
higher today. declined sharply liter
The improved car situation and a
feeling that prices bad gone high
enough, were given as causes. A
slump OF from 25 10 so cents ia the
hog market after official close sent
provisions tumbling from csc 10 7Sc.
May wheat opened up sac, later
declining Use 10 sl.sS SIS; July
opened un Use. subsequently, losing
3-So TO Ass IS: Sept opened up
iSc. lost 5-Sc 20 $40 81.
Corn opened stronger but prices
reacted with wheat May opened
W 7-sc. later declining l4c TO
Sos. July opened up i.Sc. later
losing 5-Sc to sl.o7 -; Sept. open
ed up 5-sc. subsequently, losing a
cent 20 Si06 IL
Oats opened sharply higher. lat
the gain was eliminated when the
ether grains dropped. May cats
opened up Ice. later losing l-ss TO
50 3-Sc. while July. which opened up
lac, decliued SIC 20 81 lac on the
crop
Provisions opened irregular. Pork
vas NJ but lard and ribs remained
Later with the decline
IN the hog market sharp losses were
recorded. Pork fell iron. nc 20 SIC
Lard and ribs showed similar Losses
DETROIT. March T-LivsFpooi
wheat was strong and tho early tone
en- ihts SIDE ~As arm. Cash wheat
80 in dsmAna and railitrs were viii
lns rr~dsnisAtsA but assisrs ~ouis
uks u s>s sreaA 20 S0y ga
The ~T st..AuoE "a mere acute
svsry "a, 70. ~as~-s '.r--S 40
.,s ....s s.ss .s % s..;:, @As s.s.
naiiiions Of sslIars lied up IN Hrsin
IN care that cannot be moved. and
elevator stocks are hsid from NOV
'ug. This In respect 10 corn - very
serious. az the grain - liable 10
heat and spoil should warm weather
-ome Chicago dealers. and In less
er degree pefroiters. are threatened
with heavy losses and there Is moth
ing In sight TO give promise OF inn
provement Demand Tor wheat Tor
domestic consumption ~ well sus-
tanned IN fact. appears TO be In
creakinE Mills at all points are
for wheat and both the
British ard Belgian buyers are taxi
.ng wheat. altho quantities are kept
from the public.
southwestern weather Is not show
ng much Improvement and many
are received every day,
but acreage IL large and can stand
A heavy yield. While the new crop
advances with the old. the movement
Is slower. The opening advance on
W ednesday Was nc for July and ic
FOR cash. An easier tone followed the
opening. but dealers do not expect
bulls ready 90 take advantage OF any
slump 20 get in on the long side.
Political news was not specially sig
opening and remained weak all DAY.
nc for July and 1hc for
cash Tower than Tue SdAy's close.
Rye advanced &c and timothyseed
wheat quotations wednesday.
Cash No. red. 81. May opened with
an advance % &c at s7-0sA and de-
cltned 10 t1o3: July opened with an
advance of &c and declined TO si.s2.
No. ! white. sl.ss Coarse grain quo
I. 81 EST a1f1. No. yellow. tt.1Oh
Ola: No. yellow. 81 Gsd1 l8A
oats Standard. ssis n s7he No. )
white. gsd67c: No white IS q ssc
Rye Cash No. 2 81 Sc Beans: I'm
mediate, prompt and March ship
ment $3.50 seeds. Prime red clo-
YER. sii70: March. sii.so: aIsiks.
siisa. timothy. g. 50.
Receipts in the Detroit market
were 1000 bbls % hour. ears OF
wheat. rs 81 corn. of oats and 1
Of hay. Shipments were 2.9a0 hbIs OF
-four. 1000 bu Of wheat 1900 bu
% corn md 1000 bu OF rye. stocks
are 40. 900 hu OF wheat 3a0 90 hu
~ corn. as4.oes bu Of oats and $4,000
bu % rye.
Primary wheat receipts were sgT.-
900 BIZ. against 1.7iS,oo0 bu a year
ago.
Exports % wheat and -four We'd
nesday 14l 600 bu.
Receipts OF wheat "wednesday.
Duluth. ears. against 10f a year
s~o, Minneapolis III cars. against
s3s. winnipeg. 72f cars, against B.
zf2. Chicago - cars. against i5i.
southwest. fss. 600 bu. against 49,
900 bu.