Omaha daily bee., 1913-10-29
GRAIN AND PRODUCE MARKET
Wheat Pit is Flooded with Buying
Orders from Shorts.
CORN SHOWS GREAT STRENGTH
while YeIIof Cereal - Not at the
Head of the List with Traders
Il is Looming Up with
Renewed Activity.

OMAHA, oct. Is 1918
IL Is always a noticeable fact that ON
any pronounced hardening in grain
values there is a flood of buying orders
and at the same time offerings diminish
#fhis was the case yesterday. When the
news was received from abroad telling
OF advances at Liverpool Of penny be
cause Of continued unfavorable reports
from India and a reported change in the
crop conditions in Argentina, together
with the reduction In both the Russian
and Manitoba offerings, the entire trade
was stirred up. This was the case, espe-
cially with those who put out short lines
Friday and Saturday of last week. To
make matters worse for the shorts IL
was reported that on the Liverpool curb
futures advanced another y penny.
In the north Of Argentina II was re-
ported the weather is dry and that the
plant being about a foot above ground,
needs moisture badly. Considerable seed
ing Is yet TO be done in Russia and II Is
said that in many sections this work has
been unsatisfactory.
Another bullish factor and one that
IN board of trade parlance may be
called telling help to the bulls was
a decrease Of 2241 200 bushels in the Wis
In addition to this worlds shipmentas
were only 12600.000 bushels, where a total
OF over 100000 was estimated This re-
dtction was caused by the mistake that
was made by Bradstreet's in figuring up
tne clearances from America last week
Wuch were placed at S,325 900, bushels
when they were only 6072, 600 bushels.
, me pulse OF the wheat market was
large western markets They were only
i,b0o,OOO bushels, which was considerab bly
less than half the receipts for the CORE
spending day in 1912.
Cash wheat was UNCHANGED 70 2c lower
Whlle corn coulo not be called the
leader yesterday it showed great strength.
The average trader In corn Is afraid OF
vet weather and this was reflected yes
IeT04V. 10 4
frosty conditions to become seasoned.
while the weather is unsettled and it is
said viii continue 30 for several days,
Gash corn was unchanged to NC higher
The hard spots in oats yesterday were
TO the liking of some OF the large ele-
Nator concerns, and prices failed to hold
as strongly as those In wheat and corn.
Another cargo of Canadian oats was
pought TO come here, and one of the big
elevator companies put 5000 bushels OF
contract in store.
Cash oats were unchanged to kc lower.
The strength shown in the hog market
coupled with the upturns in grin. were
the leading bullish factors in the pro-
vision market There was a disposition
on the part of those having profits to Sc
cure them, as IL has been a difficult mat
ter for some time to take money out of
the provision pit
C1earances: Wheat and flour, equal to
SsI eco bushels; corn. 1000 bushels; oats,
Liverpool close: Wheat. KQI1d lower
corn. MDasd lower.
Primary wheat receipts were 12Sg,OOO
bushels and shipments 2 402, 600 bushels
against receipts OF $4,000 bushels and
shipments OF 1.037,000 bushels last year
Primary corn receipts were sos 900
bushels and shipments $4,000 bushels
against receipts of $4,000 bushels and
shipments of $4,000 bushels last year
Primary oats receipts were 740OOQ
bushels and shipments 1,516O0O bushels
against receipts, OF 697,000 bushels and
shipments OF $1,000 bushels last year.
CARLOT RECEIPTS.