The Detroit times. [volume] (Detroit, Mich.) 1903-1920, 1917-03-28
Grain and Provisions

CHICAGO. March IS ~ Wheal
started frm but a few minutes later
upon peace rumors. developed a
weakness There vas lutte buying
az the start and selling on the ad
vance was general. Longs evened
up their trades when the peace talk
started. May wheat opened up =
but later declined 50 10 1913 %
July OPENED up SIS. later dropping
one point 10 loo "a Sept. opened
up IL. subsequently, declining l IL
TO I52 L.
Corn Was arm A. the star. but
later broke with wheat Commits
sion house demands were FAIR. out
offerings small. May corn opened
up IA. later losing SIS Ia III Is.
July opened up is bat declined IS
20 i1S IA Sept opened up IS. later
losing 81 10 li3 "a.
Oats were governed by The other
cereals. MAY opened az -. Lost
II. going to 90 IS July opened up
rs. declining SIS 10 81 IS
Provisions ruled slightly higher
with the increased strength in hogs
DETROIT March sG-Livsrpool
wheat Wa strong and American
markets took th- same tone a. the
start The feeling among dealers
Was that prices had touched points
nigh enough for the present and the
market was weakened bv some ac-
tive ssihng shortly after the start
Political news and war develop
m@rts are % 80 unusual character
that grain dealers are mixed as TO
what their fleet should be on prices
Ia a general way the foreign news 10
considered bulllsh. althc the pressing
back 81 the German line has always
been bcRrish In the past The same
8 the case With rumors % separate
peace. The most important influence
now - az home and u decidedly bull
lsh but is erect has been felt for
20 wait a while and see ~ fine spring
weather will not give the future a
more beArish outlook Recent crop
news har been about the worst on
ago were predicting decline in July
are now looking for that month 20
creep close 20 the May.
scarcely any dealers are eearish
for May wheat Cash demand IL 80
active and 90 much American wheat
Ia now the property OF foreigners
that there IL little chance for more
than a temporary Dip: In fact. some
before the May deal natures. In De-
trolt cash demand IL active. all for
milling
Wheat declined iG3e in this mar
ket. but gained strength again and
closed with cash ic above Tuesday,
close and futures unchanged,
The coarse grains and seeds were
steady.
Wednesday, wheat quotations.
Cab No. red. 1907 bid May open
declined 10 sac, advanced TO 81. 0sts
and closed az 81 os July opened ut
81 ToL declined 20 81 IS. ADVANCED TO
t.T0Aa and closed al $40 No.
white. t9Ot bid Wednesdays coarse
grain quotations Corn. cash No. :,
s. elr 40. ! yellow. 81 -.L No.
yellow Michigan Central vac No
yellow. 81 Il. oats Standard. esc.
80 white. ssi1c No white. s. 'se
mediate. prompt and April shipment
e. IS seeds Prime red clover. iii,
March. 5000 APriL Sie.7o. alsike.
f1n-So, timothy 81 So
Receipts IN the Detroit msrks,
wheat - % corn. { % oats and I %
hay Shipments Were 600 hhls 81
Hour. stocks are 1Ss geo 90 % wheat
go 300 bu ~ corn. 213. 600 bu OF oats
and 80 900 BIZ % re
Primary wheat receipts were l.
isT.eeo bu, against l.t77.eoo bu year
ago.
nesday as 900 bu.
Receipts % wheat W Wednesday ~
infh. 4 cara aEainH 90 year arc
Minneapolis ss5ear- against 90
NlnntneF So cars. aEainst SIS chi
raEn "A cars against 15f southwest
isaeoe bu. against 100 zoe bs