Omaha daily bee., 1914-08-07
GRAIN AND PRODUCE MARKET
Strongest Men in Wheat Thought to
Be Accommodating Holdings,
CORN SHOWS MUCH STRENGTH
yellow Cereal Makes sabstaa tiai
Gains over Resting spots, Be-
iRE Helped by the BuIRe
In wheat
nMAHA- Anr 8. 1aIA

OMAHA, Aug g. 1914.
Many Of the strongest men in the wheat
trade are thought 20 be quietly hut per-
sistently accommodating good sized lines OF
wheat This fact was demonstrated yes
terday In the strength in the May AS
reflection Of the growing belief that the
market will show great strength and
values are advancing sharply during the
present crop year.
There were price gains In wheat yes
terdsy OF l&Sl7sc and fluctuations were
sharp and continuous. Foreign grains
led IN the strength and were followed by
wheat Crop advices from western Can
ada as well as from cur own northwest
we're unfavorable. There were rumors
from the east that there is a possibility
OF the cessation OF all naval opposition
TO ultimate shipments OF wheat from this
country TO western Europe. The declara-
ton Of war by England against Germany
Is believed in most circles to have cut
off the expectation of all hreadstuffs as
well Ns provisions for time at least.
The blockade Of wheat at gulf ports has
diverted some OF the grain In ChicaEo
and Kansas City sold 10000, but 10 come
here yesterday,
bushels, and this WAS taken by millers
strength of pronounced character was
also displayed by the corn market yester-
day, prices at the finish showing gains
~ lWlNc over previous resting spots. The
bulge In wheat naturally had some in
fluence, but the market owed most OF its
advance to the United States crop adviees
the
rain was not deemed sufficiently general
to help greatly and II is evident that the
crop is steadily deterorating.
Apparently, there In almost a corn
Famine in the east. and shippers were
active buyers today. Cash corn sold at
an advance of 2d3c and sales were re-
ported az eoo,oo0 bushels.
More activity and much strength fea-
tured the trading in oats yesterday. Ad-
vances OF 2hQ2%c we're established and
market finished right at the top There
was a large volume of new outside buy
ing, presumably on the theory that the
time TO buy Is when the movement is on,
especially with the general feeling that
with corn short crop, oats around pres
ent prices are good property. There was
big demand for cash oats at lhc to 2lfc
advance, with sales close to 10000 BUSH
els.
Provisions scored some remarkable ad-
vances yesterday. with the packers and
shorts bidding. Pork and ribs were strong
with late demand stimulated by reports
that packers hac sold 5000 600 pounds Of
meats to the British government. Reports
were also in circulation that the packers
had withdrawn offers on all products
suitable for exporting.
Wheat was lc to Sc higher.
Corn was lie to &c higher.
Oats were l1Rc to PC higher.
Clearances of wheat and flour were
equal to $4,000 bushels; corn. 2,0o0 bushels
oats, 1000 bushels.
Primary wheat receipts were 1881, 90
bushels. and shipments l,T79,O00 bushels
against receipts Of $4,000 bushels and
shipments Of So, 900 bushels last year.
Primary corn receipts were 3Sl000 bush.
receipts OF $4,000 bushels and shipments
| or 224,OOO bushels last year.
Primary oats receipts were 1.52l,0
bushels and shipments 10000 bushels
shipments Of $4,000 bushels last year
CARLOT RECEIPTS