Omaha daily bee., 1912-09-16
GRAIN And PRODUCE MARKET
Recent Rains Have Helped Buyers OF
Wheat to Stock Up.
CORN CROP IS NOT YET MADE
Cash Oats Moved Up a Premium Over
the December Mark Indicates
an Oversold Market for
This Month.

OMAHA, Sept. IA. 1912,
Buyers of wheat yesterday had tenn
porary help from two sources, the
strength abroad and the rains over the
northwest. The latter would not had
influenced the trade much but for the
fact that the northwest markets showed
strong turn and cash wheat at Mtnnea-
polls was at increased premiums over
previous days Chicago shorts were well
eliminated on the advance and good pit
observers regarded the market as some-
what overbought, The continued heavy
movement to the southwest, the increase
OF nearly 100000 bushels of public grain
in the northwest markets for the week,
and the certainty that the spring crop
run will continue until 1t becomes
weight on the northwest markets, as We'll
as in Chicago encourages selling on the
advance. Cash wheat unchanged to Ae
higher
Taking into account the fact that the
corn crop, no matter how great It's prom
ise is at this time, Is not yet made, and
the other important fact that corn raisers
are not likely to become free sellers OF
the new crop at such a great discount
under old corn. the conservative trader
will find reason for going slow on the
new crop months on the depressions and
may find good reason for taking the buy
| ing side Of the December option. the
trader must keep In mind what period
| of adverse weather about the time corn
should move to fill the December con-
tracts, either for delivery or for SHIP
ments, would do to the market Cash
| corn unchanged to &C lower.
| To see cash oats move up to pre-
MUM over the December, was considered
as indicating an oversold condition. FOR
this month. Receiving houses have oeen
| the best buyers, which means tnat tne
country shippers were not able to make
their deliveries on account OF a scarcity
| of cars. The rank and file OF the oats
trade still remains bearish. cash oats
were unchanged to Nc higher.
Clearances were: Wheat and flour equal
to 318, 900 bu., corn, 5000; oats, l1S,OOo bu.
Liverpool closed Sd higher on wheat,
and corn unchanged to lsd higher.
| Primary wheat receipts were 20ol w
| bu. and shipments were 1,6l2,000 pu.,
| against receipts last year OF lOoo,OW on
and shipments Of $4,000 bu. -
and shipments were $4,000 bu., against
receipts of 443.000 bu and shipments OF
$1,000 bu last year.
| Primary oats receipts were 100000 bu
! and shipments of 1,216.000 bu.. against re.
| ceipts of 54S,O0o bu. and shipments OF 34S,ooS
bu. last year.
| The following cash sales were reporteu'
w neaL-NQ. ndTu WlltcL IL SoADt 49,
No 4: 2 cars, SIC; car, SAC. No grade:
cars. 7sc No. I mixed; car, sac; ;,, l
car, S3kc. oats-Standard: 3 cars, Szc;
| No. 8 white: car, 32c; 2 cars, a%o; ~
cars, 3lhc; cars, Sic. No. Z white: .
cars, 3lc. No grade: ! car, s01c. Corn Corn.
No 2 white 1 car, 72Ac. No. white;
| / car, 72c. No. white: / car, 6S1sc; !
car, 671zc No. 2 yellow: l car, 6ssc;
cars, 6sLc No. mixed; cars, SIC NO.
| 8 mixed: cars, 6sc; l car, sS1zc. NO
grade: car, Csc.
Omaha Cash Prices.
wHEAT-No. 2 hard, s51z@S71zc; No. 8
hard A144S6Ae; No. hard, SlgSOc.
| CORN-No. 2 white, 72hc; No. 3 white,
nc; No. 4 white, s71s@6S1.o' No. color,
nc; No. yellow, 6s1z@6sa4c; No; yellow
69ll d691sc; No. yellow, 6Sa6S1sc; No. 2
soc; No. 8, 6s1sG69c; No. 4, 671zQ6Sc; no
grade, 65c.
| OATS-No. white, 32Q324c; standardo,
32c; No 5 white, Sl@32c; No. white, WA
oslo; No yellow, 30% oslo.
BARLEY-Malting, 60QS5c; No. Feed
X RYES-No. . ssDS7c: No 8. 63@65c.