Omaha daily bee., 1912-09-14
GRAIN AND PRODUCE MARKET
Wheat Market Remain About Same,
but Has Bearish Aspect.
CORN BELT WEATHER Is GREAT
the Stubbornness In Prices for
All the Months Despite
the Breaks.

OMAHA, Sept. IS. 1912
There is still good sized element in
the trade which believes In the merit OF
wheat at the present level. There was a
certain amount of accumulation by the
wire houses on the breaks. The market
had spasmodic rallies like those Of yes
terday morning, only to get the buyers on
the swell in trouble, then II dropped
easily and quickly. The dizziness In trad
Ing is the result OF the bearlsh news
from the northwest on both sides of the
line, where wheat Is sure to move heavily
and keep on moving until 1t tires the
trade out. The southwest markets had
heavy shipments yesterday. The decline
of the last few days brought fairly good
export business, but that is not sufficient
TO start aggressive bull operations, IL
looks like market in which those who
have patience to wait for the swells and
sell conservatively will be, on the right
side. Cash wheat unchanged.
So long as the present very tlne
weather continues all over the corn belt
there will be bearish feeling In the
trade and on the part Of the public De
cause Of the big prospective yield with
lighter feeding operations certain for the
year. The feature in corn yesterday was
the sharp drop of several cents in cash
prices, which helped to demoralize the
futures, The break has been sufficient
70 justify caution on the selling side
OF December corn at the discount under
September. While the general feeling Is
bearish there are many who believe 1t Is
not wise to sell corn low down in the
fifties which may later in the year be
converted into high priced meats and
lard. Cash corn 1ac lower to 1c higher.
The surprising feature in the oats trade
is the stubbornness In prices for all
months in face Of the break in other
markets. 1t makes 1t look as II the trade
In the country regarded prices on safe
level Cash oats was unchanged.
Primary wheat receipts were l,T6,0o
bushels and shipments were 1908, 600 BUSH
els, against receipts Last year Of l,O77,oU
bushels and shipments Of 463. 600 bushels.
Primary corn receipts were 796,000 BUSH
els and shipments were 6SS,000 bushels,
against receipts last year of 523, 900 BUSH
els and shipments OF 2S1 900 bushels.
Primary oats receipts were L0sO.000
bushels and shipments were S02,00 BUSH
els. against receipts last year of 100000
bushels and shipments OF 3l2,00 bushels.
Clearances were wheat and flour equal
to $4,000 bushels, corn, 2S.OO0 bushels and
oats 1000 bushels.
Liverpool closed with wheat n to nd
higher and corn v to Nd lower.
The following cash sales were reported
Wheat: No. Q hard, winter, Q cars, sec:
S5Ac; 4 cars, SIC; car. S41ac; car, S4c.
No. nard winter, 2A cars, s3c. No grade
hard winter, car, 79hc; car very
poor Toe. No. spring. car S5c. No 2
mixed, car SEC. Rye: No. 2, car. 67c.
No. 8. II car. SSc. Oats; standard. car,
31&c. No. white, 2 cars, 3l1sc; 0 cars,
3lAc; 2 cars, Sic. No. white, 3 cars, sic;
II cars, a&e. Corn: No. white, / car,
72lsc. No. 5 white, cars, 72hc; / car,
TIC. No. white, / car, 6S4c: No. color,
car, 7lc; No, yellow, cars, 6glc:
No. yellow, 8 cars, 69lsc. No. yellow,
Y car, 6S11c, No. 8 mixed. l car, 6s%c;
cars, 691ac; l car, sslzc; Y car, 69c. No.
: mixed, l car. 6s1sc: car, CSC. No grade,
car. &c.