The Detroit times., 1917-04-11
Grain and Provisions

| CHICAGO, April l0.-May wheat
opened from s2.O5 "a 10 s2.O6 l..
today and sold OF TO s202. a de
crease OF l3c from yesterdays high
point Later all futures except
September advanced sharply All
the speculative markets on the
board OF trade were demoraliIed
Longs were discouraged by the gen
eral talk OF federal control The
short interest WAS small MAY
wheat opened down II. later gain
ing i.2 TO s2.07 July opened down
?. later regaiuinE Is TO sis4 IL
September opened down "a. and
lated declined Ia TO ..6s 81 Con
ditions in corn were much the same
az in wheat al the opening. Upon
the display OF strength In hogs the
market more than regained early
losses. May corn opened down ..
later gaining Is TO 3i.2s Is. July
opened down ?, and subsequently
advanced Is 70 Si.27 Is Septem.
Der opened down Il later regain
ing ?. going 10 tl2S
Oats ruled weak az the opening.
but later showed strength with the
recoveries in other grains May
opened up Is. later advancing Is 10
50 1-sc. July opened down IA and
gained Is to % 5-Se. September
opened down Ia, later advancing 3 s
10 IS 5-sc
Provisions ruled higher A. the
opening. but later became irregular.
DETROIT. April io-Clcse Wheat
went 20 pieces al the start Initial
prices were ic on but that was only
the beginning. The tone In Liverpool
was hrm. and Chicago VAS very
weak
The break was credited 10 The
statement made b. Armour RdNtsing
the Rtted StAtas- EntefuWFnT 20 rtV
the price OF grain and Other Tod
stufs And price fixed boz that way
would be lower than the present ng-
ure. at least that is the feeling iu
the trade and TOR that reason hold
srs were in a hurry 10 unlv-d their
high-priced goods. The weakness was
helped along by more peace rumur =
+ and the big push being made bN IT,"
British against the Germans. The he
| lief Is gaining that there Is some
Z thing brewing in the line % peace
proposal that may amount 10 some
I thing.
Weather Is helping the bears. In
I many parts Of the winter wheat belt
/ the weather h. helping wheat and
/ while there IL no thought Of large
| winter wheat crop. the productlaf'
may be greater than al present indI-
Gated. Cash wheat - VA sod DE-
- . .Ha.a a. - =
about export buying.
] The early weakness carried prices
/ &C. under Mondays close. but buy ing
came in and the close was arm ar a
/ gain OF iisQsAc over AondaS :
l nnish
Tuesdays wheat quotations Cash
| No. red. S2.2fiS bid. May opened
/ with a drop OF &c az se.e2 = declined
/ 10 t3.i2ir and advanced 20 s2-25 July
and advanced 20 siS5 40. ! white,
| S.zIH. Tuesday, coarse grain aae.
tations: Corn. cash 30. 3. n.tl No.
Z yellow. si.4a. No ! yellow 81 =.
TSIse. No white 7gle. Rye Cash
| No. 4 $50. Beans Immediate,
prompt ans April Ahipment. - %
/ seeds: Prime red clover. $40 50.
April. sio.3s; aisike. sii-59, timotnN
/ Receipts IN the Detroit market on
/ Tussday were 900 bills Of four ] :
cars % wheat. Of corn. Or oats.
1 OF rye and % hay. shipments were
/ z eco bills OF -four Stocks are $50
/ 600 bu % wheat. 14S.9o0 bu % corn
/ 2c1 900 bu Of oats and 10000 hu oi
1 rye.
worlds wheat stock decreased
] / aaa Goa hu lant week The supply
tls now f7ssTf8f0 bU against t52'
{ sVt 900 hu n y~a- ago
Rece'nfv 90 wheat Tuesday pu-
iufh "a cars aEninst IS a year ago
I Miunea polls COZ cars. again. = pa
WF.nIreE 49, cars 'aEafrsf 80 FHI
( cnKc Ia ~ars v0ufNw g. - r07 ru
PRIMARY wheat receipts we-" SIS
900 hu
Exro-ts % whoa; ard sour Tu--
dav .0- nn0 bu