Omaha daily bee., 1912-08-31
GRAIN And PRODUCE MARKET
Showing Conditions are on the Side
of the Buyers of Wheat.
CORN SHORTS ARE COVERING
Leaders in Oats Express the Belief
that the Export Demand VIII
Scnn he Lighter than
the Movement.

OMAHA, Aug, 80 1912
IL Is popular thing usually among the
traders to begin talking bearish simply
because the market has worked up or &c
from the previous low point. They argue
that the short interest has been largely
forced TO cover. For this reason alone
they think the market a sale on hard
spots, Another element IN the trade Is
the SLOW movement OF the spring wheat,
and the certainty that the mills in the
northwest will absorb most OF the early
movement, and the absence of hedging
sales or active selling pressure in the
market from many quarters. Messages
report heavy rains in North Dakota last
night, The Showery conditions elsewhere
are on the side of the buyers. On little
natural reaction traders believe the sup
port will be sufficient for further ad-
vance. Cash wheat unchanged
Some Of the local shorts in corn as well
as in wheat were forced to cover on the
advance yesterday. Around the top prices
there was considerable profit taking by
the local longs. Receivers are expecting
somewhat larger movements from re-
serves, but shippers and cash handlers
generally say that all the corn WIN be
wanted All futures are at a remarkable
discount under cash corn prices. This Is
the one feature which the short seller
cannot get away from. There ts a grow
ing feeling OF friendliness to the buytns
the old and new deliveries are too far
apart. There Is some buying on the be-
lief that the late portion of the crop VIII
not escape frost injury. Cash corn I'M
changed to 1ac lower.
There was a good selling of oats by
holders and local bears around the top
prices yesterday. Traders expressed the
belief that the export demand will soon
be lighter; then the movement to the
market may increase with fine weather.
Cash oats unchanged.
There will be no session of the Omaha
market Monday, September 2, Labor day.
Clearances Of wheat and flour were SSo.-
900 bu.; corn, 2,0O0 bu.; oats, 1900 bu,
At Liverpool wheat was B@fsd higher;
corn, Nd lower,
Primary wheat receipts were 1,e27,oo
bushels and shipments $4,000 bushels.
against receipts OF $4,000 bushels and
shipments Of SS5,o bushels last year
Primary corn receipts were Sl4,0Oo bush
els and shipments 442,000 bushels, against
receipts Of 66S, 900 bushels and shipments
of $4,000 bushels last year.
Primary oats receipts ~ were edo sSeys nS
against receipts Of $4,000 bushels and
shipments of 10000 bushels last year
The following cash prices for grain
were received: Wheat-No. q hard win
ter, 10 cars, Ssl5c; l car, ssAc; car, Ssc.
No. hard winter, car Sslsc; 2 cars, sS14c;
l
2 cars, SIC. No. 8, spring, / car Siac.
car, Schc Rejected mixed, ! car. Sic.
No grade hard winter, car, S6c; car,
S4lsc Oats-No. 8, white, 3 cars, s21sc:
cars, 32c, No. 4, white / car, 32c; cars,
31Sc; cars, 311kc; cars, 31Ac; car, Sic.
No. grade, car, Csc; car, 661ac Corn
No. q white, car, 76Ac. No. 3, white,
car, 751ac. No. white, car, 75c. l car,
7H1c. No 4, colored, car 74c, No. 3
yellow, car, 74ssc; No. yellow, cars
74ac; car, 74I4c; No. 4 yellow, car, 74c;
car 73c; No. mixed, car. 74lac; No
mixed, car. 74hc; car, 74Ac; No.
mixed, car, 7414c; ! car. 74Ac: car, 74c.
No. mixed, car, 74c; car, 73%c; car,
73isc-
Omaha Cash Prices.
.WHEAT-No. 2 hard, SSkQ901sc; No.
hard, 6S4QS91ac; No hard, S21aQSS1sc.
CORN-No. 2 white, 76Ac; No, 3 white,
75lz zl751Sc; No. 4 white. 74A@75c; No 2,
yellow, 74&c; No. 8 yellow, 741aG74e4c;
No. yellow, 73@b74c; No. g. 744@74lsc;
No. 8, 74Q741Ac; No, A, 721s974lac; no
grade, 66'aQ6Sc.
OATS-No. white. 32A@33c; standard,
3214@S2&c; No. 3 white, 324321sc; No.
white, s1aa1%c; No. s yellow, S1@31Ac,
BARLEY--Malting. 6Og85c; No. l feed,