Omaha daily bee., 1914-08-27
GRAIN AND PRODUCE MARKET
Foreigners Rapidly Gaining Control
Of Wheat Market.
ExoRTs ARE BEING KEPT QUIET
Caah wheat sold for shipment
Abroad Is shrouded I'm secrecy
- Mach as Possible 90
Avoid BuII Pressure.

OMAHA. Aug. IS. 1914
Foreigners are rapidly and surely gain
ing complete control Of the wheat mar
The buying power Of the past ten days
has demonstrated the fact that the Epecu-
lators OF the old world believe that the
var now waging is likely TO be continued
Indefinitely ana that breadstuffs are TO
sell TO a much higher level ia conse-
quence
The foreign buying orders received from
day TO day are centered in not more than
two houses These buying orders come
direct from the old world and are fairly
well scattered throughout the nations now
engaged in the greatest war ever known.
Some OF these purchases OF wheat are
purely speculative. but many Of them are
made with the idea Of the grain being de-
livered
The number OF wheat bears as well as
other points, are decreasing daily. whiie
the number OF bulls are increasing.
we have had an sb9orm1liy g ally str strong ny
everv. day there are many who ask the
question as 20 the identity OF buyers.
The selling has been led by those having
profits
ANY export business in cash wheat that
has been done OF late was withheld from
rho public as - VAS certain 20 become an
influence and a bull help. There are
daily sales of haJd wheat 20 su abroad,
and Il is said that the money conditions
favor the holders on this eide OF tho
water The seaboard reported forty loads
OF hard wheat as sold TO France yester-
day and N addition TO this the continent
pprchssed seine rye.
There were no hedging sales at the
northwest OF in this market and the Of
feTings were light In consequence. The
producer OF grain In all sections OF the
country believes that the war will be a
long drawn out affair. end that there will
be but one course for bree edstIlffs, and
that much higher prices will be seen
Wheat off the English coast was firmly
held. aud spot prices were generally ID
II was a steady, irregular market in
provisions yesterday, with lard occupying
the center OF the stage as far a. activity
was concerned. Long lines OF September
product was a feature.
Wheat was SQSc hiaher
Corn was ilk9ihc higher
Reports confirm the advise 9f ,,.i, dsnnsss
Through sections o. lows. Nebraska
and Kansas there has been lrrepars-
Die damage to the crop. and the
rains OF tho past few days served more
70 refresh pastures thsn 20 aid the grow
ing corn.
There was good buying OF deferred corn
futures at this market yesterday. Tho
market was also affected by the profound
strength In wheat and by smaller offer
ings from tho country.
The eNpOit demand for oats fell down
sharply yesterday sales from hero to go
abroad being reported at only 10.C0O BUSH
els Inefe were rutnOfh tnat fnuCn more
business than this has been done.
Clcarances OF wheat and flour were not
reported.
liverpool closed: Wheat s,kd higher
corn Id higher: prices nominal.
Primary wheat receipts were l.IS3,000
bushels and shipments i,Oi6,O00 bushels,
against receipts OF i.te0O00 bushels and
Shipments OF $4,000 bushels last year.
Primary corn receipts were i.3j4.OOO
bushels ami shipments of 409.000 bushels,
against receipts OF $4,000 bushels and
shipmcnts OF 2le. coo bushels last year.
Primary oats receipts we're l.5SO00
bushels and shipments OF SS2,00 bushels,
against receipts OF l6s,O00 bushels and
shipments OF $4,000 bushels last year.
CARLoT RECEIPTS.