The Detroit times. [volume] (Detroit, Mich.) 1903-1920, 1917-04-05
Grain and Provisions

CHICAGO, April t.-wheAt open
ID up today above the o. mark. ths
highest OF the season. Corn and
Data also made new tops. Prospects
CT congress declaring war, anu poor
crop conditions were responsible for
the advance Later in 'he day the
quotations dropped. wheat going be-
low Mondays close May wheat
opened up IS but subsequently, lost
Is. going 10 1ss as: July opened
down l-2 and later gained 3-s, going
to l64 IS
Corn showed sharp advances IN
the face OF moderate trading Nav
opened up So. later losing Ia 10
! p "a; July opened up l SIS. subse-
ouently dropping l-2 TO i22. Sep
TENDER opened up three cents. later
losing "a 10 1ls -.
Oats followed the advance Ia the
major grains. but subsequently lost
On the decline. May opened up
rs. later losing l IS TO SO IS; July
opened up 1 Is and declined Ia TO
So SIS, later; September opened up
SIS, later lost "a To So "a.
Provisions, opening with n good
gain. continued the upward climb
during tbs morning trading
DETROIT. April 4.-cloEe The
highest prices on this crop were
quoted the moment the Chicago mar
kst opened. and the feeling was strong
al advancing prices in all the grains
Liverpool was strong and there was
a feeling OF nervousness among deal
ers.
Northwestern markets did not close
Tuesday and there was an advance
- satc in Minneapolis The belief
~ an early declaration Of var IL con-
sider~d bullish. and dealers believe
the government Will take over the
grain trade in some way or limit
prices. Much Of the bullishness comes
from the bad condition OF the grow
ing crop IN the south western states.
Official reports from several states
are at hand and show very bulilsh
conditions. Nebraska IL said 20 be
receiving some moisture. but the m.
provement IN outlook ~ not enough
10 weaken the market
Dealers scarcely KNOW what 20 40
and all business Is IN an unsettled
condition. Many look for break
from this high level. but Nay IL sus-
snd July b. tire bad crop reports
Spectators are afraid 70 sell even
when they feel bearish and ma
terial decline Is considered out % the
anxious buyers Of cash wheat but
there - not much said about fresh
export buying
Wheat tok dlp Of y ole after =
strong opening and then advanced
closing 3ise for July. and &c for cash
and May above Mondays close
Corn advanced nc. oats ic, rye &c,
ard neAns &c.
wednesday's wh~At quotAtions-
Cash No. red. t31a bid, Nay opened
70 s..l0. and closed at te.it. July
opened a. 81 ~. declined TO fiTOia
and closed At ti-71h No. white.
wednesday, coarse grain quota
lions Corn-Cash 10 !. ti32L, No.
yellow. sl.Ssl1 bid: No. yellow.
osts-s,sudsrd. re bid No
Rye-cssh No ;. ti.7f bid
Reens-Imnadia prompt and
April shipment. $50
Sssds-Priue I'D clover 30 *;
April ,is.%e. alstks. tii.s9 timothy
Recsipts in the Detroit market on
" edBssdAy were 900 bbls 81 Sour.
Al cars Of wheat. 10 % corn. I OF
ments were I .eee bills OF dOur. / 0oa
bu Of wheat. 4s.0ea bu OF corn. and
!. 500 bu OF oats. Stocks are 3fs060
bu Of wheat 100 00a bu % corn. sos
600 bu OF Data and 10 600 IN % rye
Primary wheat receipts we're =
eel 600 ba. against iesS.aee bu year
age,
Exports % wheat and aour We'd
nesday. ~. geo bu.
Receipts Of wheat "wednesday: Du-
iuth. 10 cara against - cars a year
ago: Minneapolis, 3s7 cars. against
iSe winnipeg. SIS cars against 452
Chicago. Sf ears. against 51T. south
west AIS. 600 bu. against .st. o00 bu.