Omaha daily bee., 1912-08-26
GRAIN AND PRODUCE MARKET
Promises of Enormous Wheat Yield
Keeps Market Bearish.
CORN TRADERS ARE PUZZLED
Only Matter of Time UntiI Big ship
ping Demand for Oats VIII Let
Up and Then a Decline In
Looked for.
OMAHA Aug. a. 1912.

OMAHA, Aug. "a, lslz
No one doubts but that the final tig-
7 ures on this years wheat yield VIII DC
/ well up toward Ie0ooo.ooo bushels. TAis
Is the fact which is keeping the trace
bearish, regardless OF tire present COM
rnercial pos,tIos. 1t is very clear that
Chicago is not getting a normal SUPPLY
/ Of whext, and the grain In pubhc ceEa-
tors is decreasing instead OF incroas s.ns'
! Reports from Duluth claim .hey Law
! made charters tn ship 2eyJ,09 pnsHeie VI
( wheat down the lakes. Minneapolis cialins
that all the big milling Interests are s,! Wei.
! sold ahead and tfat II viii take tne i.,s
big run of wheat 20 meet the mining ue
! rnand, Traders are curious 10 Kno"
where the hedging is coming fronL ana
! where the speculative selling pressure ls
! 10 come from without any leadershlp.
I,The Liverpool market opened hc 10 &c
hiaher, Spectators favor buying on tne
soft spots. Cash wheat unchA?sso'
The corn traders are puzzled as 70
whether the climax has been reacneu -.
the cash corn advance. many oL uIe
corn products companies puneu o ~
fha market as buyers yesterday. MANY
cash houses quit buying also. as il tne
corn had been secured TO fill all the east
ern contracts. ,s.A
Tha otIick reaction In cash corn causeo
che drop In the September price ana ica
10 some selling pressure, ano sah W.
an the late months. 1t is not propaauIo
that this Is the END q nearsiess lae gsIn Of this
the big short interest stu exists ~ .'io
iDecamber option, which Is at TOO sreat q
discount under the old cash pIoplLit ~,
Conditions favor record crop Y,,aa
naturally leads TO fresh shorl sei'is
Cash corn A92c lower. . .,,,
Tdspstches this morning indicate tnat
threshing and marketing OF oats WIN &c
! resumed on a large scale, with ths
turns OF bright weather. II is ohlg a
matter Of time until the present pis sn,p a,v
ping demand let's up, ana then y neats ats
decline In prices Is expecteo' Sas" 20"
Nc lower. ,.,,, oo,,al
Clearances were Wheat and flour equa.
I 10 as.0O0 bugnels, 200 bushels oil corn
and none Of oats.
Liverpool closed Is9id higher on whea'
| and A@iad higher on corn. al, ooo
Primary wheat receipts were i's.,SoV
bushels and shipments we're ee4,u srs nusa,o nao
4 els. against receipts last year OIL el,VVV
bushels and shipments OF B6,VOV pusneis.
primary corn receipts were 426,o0o bush
els and shipments were 2240o0 bushels,
against receipts last year OF 1Oo,VVO pusn-
els and shipments OF 6sS,0oo bushels.
Primary oats receipts were sSS,oo0 bush-
els and shipments were $1,000 pusneis,
against receipts last year OF co6,Vo pusnels
and shipments OF l1a,VW pusHciS.
The following cash sales were reported
Wheat: No hard winter, car, S9c;
1 car, ssAc; 9 cars. sSsAc. 30 : hard
winter, car, sS5xc; cars, 6&c; cars.
s7Mc. No. 4 hard winter, 8 cars, SIC;
car, s6lsc. No grade hard winter. cars.
&c. No. mixed. car. soc; ! car. SS'hc
Corn: No. white. ! car, 7bhc No.
white. car, 75,4c No. yellow, cars,
7a&c No yellow, cars. 74mc; cars,
74c. No 3 mixed, cars, 74c. No.
mixed car, T21kc. Oats; standard,
car, 32lkc. No 8 white, cars Slhc. No.
4 white, cars, Sic. No, yellow, cars
! Sic. No grade. car. S0,tc.
Omaha Cash Prices.
wHEAT-Nc. 2 hard. ss0SsA1 No. s
hard s7GSsihc; No. hard. Stt0s7ihe.
CORE-No. 2 white. 75ho: No. white
75q75Ac; No. white, 7sa7ic; No. yell
low. 74Aci No. 8 yellow. 7407tIac: No,
yellow, 72al7ac: No. Q. 41p74xe; No. 8. l3t4g
74c: No. 4, 72as72ic.
OATs-No. white. s2skds2Nc; standard,
s2;isc; No. white. dAe; No. white,