Omaha daily bee., 1912-08-04
GRAIN And PRODUCE MARKET
Export Buying of Wheat Keeps Up
Prices at the Close.
CORN IN NEED OF MORE RAIN
County Tributary to Chicago Is Get.
ting Dry-Bottom Prices for
the Year Are Reached
ON Oats
OMAHA, Aug. 8, 1912.

OMAHA, Aug. 8. 1872
Even with some staggering crop figures
TO create bearish feeling Friday, there
was half-cent good rally at the close
because of export business done through
Chicago amounting to nearly 1.000,O0t
wheat delivered the last week in July
found buyers at once and cash sales
this week have reached 5000, ,00O
bushels in Chicago. There is every In.
dication that the people across the At
lantic are all attracted by the fine quality
of the new crop on this side. These are
all sustaining features. The market will
have no run of soft wheat to take care
OF. Receipts have fallen off sharply
since the July contracts expired. Against
all this Is the bearish effect of the favor
able northwest crop news. Many leaders
In the trade think the selling side is
pressed enough for the present. Cash
wheat was unchanged.
There is not much rain over the west
ern corn belt, as suggested yesterday by
the forecast. 1t is too cool for best pro-
gress OF the corn crop over the big states
tributary to Chicago. On the whole
there Is sort of anxious feeling about
the weather and crop news. Safe leaders
in the local trade are friendly to the buy
ing OF September corn on reduced sup
plies from the 1911 crop. The trade is in
a position to follow quickly. any strong
leadership either way, but the weather
for August will make or unmake the
crop and the public will be guided accord
lngly in the late corn months. Cash
corn was 1ac lower to 5c higher.
Bottom prices for the year were made
in oats futures just at the close Friday.
Cash prices for the new oats had re-
markable decline for the week. Harvest
returns are very bearish and run of bad
weather is the only thing that can create
bull talk.
Cash 1a@1c lower.
B. w. Snow, Bartlett -Frazier's crop ex-
pert, wires: THE returns Of my local
agents indicate yield per acre of hay
Of 1.35 tons, against 95 ton last year and
a total crop of 51,0O0,0O0 tons, against
100000 tons last year. These figures do
not include wild hay, which the govern
ment includes in its report. On the gov
ernment basis the crop should show about
100000 tons, against 100000 last year,
making 1t about normal hay cEop In
spite of a small reduction in acreage"
Omaha Casn Prices.
WHEAT-No. 2 hard, S6qSS1ac; No.
hard, S51aQS71zc; No. hard, 7s1s@S6c.
coRN-No. white 75Ac; No. 8 white
l1&c@72c; No. 4 yellow, 7og71c; No. 2,
72c; No 8, 711A972Ac; No. 4, 7og71c; no
grade, 6OQ73c.
oATs-No. 2 white, 1914 A@88hc; standard,
S3@33Ac; No. white, 324Q33c; No. 4
white, S1A@a215c.
BARLEY-Malting, eOa7oc; No. feed.
35945c.
RYE-No. ?. 6og62c; No. I, $4,000.
Clearances, wheat and flour, u6,000
bushels; corn. none; oats, none.
No market in Liverpool; holiday.
Primary wheat receipts, l,4l4,OUO bush
els, compared with 1,03900O bushels last
year; shipments, 100000 bushels, compared
with 100000 last year; corn receipts, $4,000
bushels, compared with ,00O bushels
last year; shipments, $4,000, compared
with 259,O0O bushels last year; oats re-
ceipts, $4,000 bushels, compared with 95l,-
900 bushels last year; shipments, 225,0O
bushels, compared with S6l,UO bushels
last year.
The following cash sales were reported:
Wheat-No. 2 hard winter: l car dark,
s71ac; 1 car, S714c; IA cars, SIC; 13 cars,
S6%c. No. 8 hard winter: l car, dark, S71ac;
cars, S6Ac; 2 cars, S614c. No. hard
winter. l car, S4c Corn-No. 8 white: 5
cars, 75c. No. 2 yellow: cars, 72Ac. No.
yellow: s cars, 72c. No. 4 yellow: car,
Tic; / car Zoe. No 2 mixed: / car, 72c.
No. mixed: cars, 71&c; cars, 711ac.
No. mixed: car, Tic. No grade: car,
73c; car very poor, 60c Oats-No. 8
white: cars, 33c; l car (poor), 3212c. No
4 white: l car, 3212c.