The Detroit times., 1917-04-03
Grain and Provisions

CHICAGO. April =. Wheat prices
had a material upturns today. There
appeared little wheat for sale. while
there was a general scramble to buy.
Most OF the buying wa In the way
Of short covering On the belief that
var would he declared today. May
wheat opened Up IA and later ad-
vanced 3 IS. going 10 lss Is. July
opened up rs. advancing / IS 10
ls7 IA. September opened Up Is,
later gaining IL 10 l54 is. Corn
also showed much strength. May
opened up "a. later advancing 2 i-2
20 I2I 10. July opened up IA and
gained "a. going TO l2S Is. while
September opened up "a and ad-
vanced Is 10 III rs.
oats showed higher levels. being
affected by the rise in TIE major
grains. Nav opened up IA and sub
eequently gained I IS, going 70 81
Is. July opened up IA and adj
yanced 70 rs 20 80 "a. while Sep
tom5er. opening up SIS, gained IA TO
So SIS
Provisions. after a lower opening,
ruled higher and showed good gains.
DETROIT. April Liverpool
whrat has an easy tone AZ che open
ing rud the market vas slow In All
the Amer i.ar markets the tone Eas
trCns and Detroit prices were JIG
highr-
There ts some difference % opln-
ION ls - crop prospects In Ncbra ska
One report has soaking rains and
another SAYS only slight uat'
Light rains fen n ansas and on
the whole. the crop outlook VAS not
greatly improved 4 large party OF
grain men just returned from an eN-
tensive trip thru Nebraska and gave
The rket bulliHh turn. They found
conditions quite uhpromising. and
consider The damage irreparabie.
SHOWS crop report viii De ont Mon
Monday and Ga expected 90 be bull
ish. The leading Chicago papers con-
slider the situation hullish, with de-
clines from time 10 time on technical
Condi tions.
The cash situation is strong as
ever ard the general belief Is that
the war situation IN this country Is
a bullish CONDITION n Is very nerv-
Gus market and cautious dealers are
-
buying Was reported. Wheat Was
very strong early and advanced &c
Later eastern houses sold freely at
the advance and caused some weak
ness. The close was al an advance Of
302Hc over Saturdays cloes
Corn advanced Sc, oats ie and rye
&c
No grain markets Tuesday. owing
20 election In Chicago.
Mondays wheat quotations: Cash.
No. Z. red s3.o9. Nav opened with a
Jump az &c. At g. %. advanced 10 f2lt
and closed az 1910. July opened at
E.ssh. advanced 20 ti-ToL and closed
at 81 70. No. I white. 81 es Mondays
coarse grain quotations. Corn cash.
No. D. tias. No. J yellow. ti-So; No.
yellow si2sl1. Oats standA I'd
lie, No. white. 70h c. No. white,
s9Ec. Rye. cash. No. :, ti.Io. Beams
immediate. prompt and APRIL ship
sl07S: April, sio-te. Alsike. ui.so;
pee44psA in the Detroit market
Monday included 2.00o barrels Of
flour. I cars OF wheat 10 cars % corn
and ~ hay. Shipments were i.eoe
bushel OF wheat. $4,000 bushels OF
corn $4,000 bushels OF oats and So
600 bushels Of rye.
Primary wheat receipts were LISA
00o bushels against l.G0.ooo bushels
a year ago,
Exports OF wheat and flour Mon
uay 30- coo bushels
workd's wheat exports for last
week we're $751; 600 bushels against
eos. 6oS bushels a week ago and Ia
4Ta 600 bushels q year aEo-
Receipts Of wheat Monday. Duluth
ears against - n F|Hr uHus I'M
nAs pelis 1as cars against ssh Winni-
peg, fTl 90 ~ against 3Il- Chicago. y
ears against 2fT, southwest toeeeV
bushels Agairst $4,000 bushsse-
Vigfbie supply, decreasee wheat
S01 GO bushels corn. 4E2.1e0 bushels
oats SIS 600 bushels