Omaha daily bee. (Omaha [Neb.]) 187?-1922, 1905-08-27
GRAIN And PRODUCE MARKET
Conditions in Wheat on Reverse Of
Previous Day.
SLUMP At cLOSti PRICES CENT OFF
Corn Down Like Amount-Ont,
the Only Cereal which Holds
Firm TO the Last
Foreign Market.

,.,....- OMAHA, Aug q, 1906.
. Ioday experience In the wheat Dit was
t the reverse Of that Of yesterday. During
Wy nIsl mar OF the session there was con-
SIDERABLE buying to cover and prices were
Up just before the close a general selling
movement set In which broke prices 10
from yesterdays close, with a partial re-
coyeIy later. The market was dull the
erester part Of the session. with no feature
IN we new to turn speculative opinion,
except promise of rain in the northwest.
september closed at 794c, the high point
DeinB SIC and the low 79Ac. December
closed at S1agSlAec and May at s4q.c.
trade was light in corn and prices steady
tle gIealer part Of the session, with no
nouceabie pressure to sell until the wheat
slump. This started corn and the MARIE
SOLO lc of for September delivery without
any apparent cause. September closed at
eSrc' old September 53%c, December at
4.sste' old December at 669sc and May at
Oats were the only cereal which did not
slump at the close. The market finished
hrm with prices shade higher. September
closed at 26c December at 269tc and May
Liverpool closed I'D higher on wheat and
h4hd lower on corn.
Slearances we're 5000 bushels OF wheat,
300 barrels OF -four 5000 bushels OF corn
and 62,OOO bushels Of oats. Primary wheat
receipts were 10000 bushels and shipments
5000 bushels, against receipts last year
Of $4,000 bushels and shipments Of 10000
bushels: Corn receipts were $1,000 bushels
ana shipments SG,UU0 bushels, against re-
ceipts last year OF oil 600 bushels and ship
ments Of 10000 bushels.
AublIdlldu MiltbL shipments were HNtVW
bushels this week $4,000 last week and
10000 last year The estimated world s
wheat shipments Monday are $4,000 bush
about 100000 bushels. total stocks Of
wheat at Minneapolis are 1O72.747 bushels
showing a decrease of 1886 bushels for
Premiums for cash wheat in Mime
apolis are weakening and large sales were
made yesterday to arrive at reduced prices
An exporter says that the country has ex
ported 8. 900 bushels less wheat and flour
year Usually about 5000 bushels of wheat
Is sold for export through gulf ports In
August and September but this year prac-
port trade in grain from the Black sea
ports Is paralyzed by lack of railway facill.
ties, the government having retained all
the rolling stock for military contingencies
The ware houses in south Russia are over
moving with grain awaiting transportation
|. Of l20O10OO bushels at Chicago. Country
dealers do not seem to be anxious to sell
thheir corn and Patten. who is short says
Regarding oats, the Inter Ocean says:
reports from a number Of sections in
Illinois and Iowa received say that farmers
are not selling their new oats and are
not onering them to any extent. Here Is
the way an oat trader and farmer puts the
situation: Oats az present prices pay
the farmer about $40 an acre for his land
while the corn pays S25 The farmer Is
difference. The pIlce is too low
Omaha cash sales.
WHEAT-No. 2 hard, 2 cars, 7S1kc, No.
AA3ard. car, sic; No hard, 1 car, 74c.
NSCORN-No. g. 1 cars, 5O%c.
2 OATS-No grade / car, akc
Omaha cash Prices,
WHEAT--No 2 hard, 7sc: No. 3 hard, ia
b0c; No: hard, 72d74c; No. spring, Sic
CORNING. 2, 51c No. g. 50Ac; No. l.
s0c; no grade t4d49ci No. yellow, 5lhc;
No yellow, size; No. white, 5ihc; No,
oATs.So. mixed, sshc; No. mixed,
&c No I mixed, 2222ac; No. white, 24hc;
No 8 white, 24hc; No, 4 white, 231ac; stan
dard. 246c.