Omaha daily bee. (Omaha [Neb.]) 187?-1922, 1914-09-19
LIVERPOOL SHOWING STRENGTH
Large Orders for Expectation and
Grain Scarcity Gives Foundation.

OMAHA, Sept. Is, 1914.
The wheat market acted as II there
notwithstanding this fact there were
losses of 1%d2c for the day. There were
heoging sales at both Chicago and Min
neapolis and these transactions will con-
tinue for time to cut a swath in the
mater of price making. The bears were
IN run control OF the wheat pit after the
opening and the more daring bull specu-
lators who attempted to hold the market
up around a certain level were made to
run for their lives when prices started
downward and there was no way of
checking the break until they had spent
their force.
One Of the features OF the wheat mar
ket was the strength shown at Liverpool
while there were losses at Chicago. Ac-
the principal reason for the hardening
tendency OF foreign wheat markets was
due to the large demand from millers and
the diminution in the offers from the
United States and Canada. Liverpool
grain merchants believe that farmers Of
this country will not be disposed 10 sell
wheat freely from this time forward and
that when the demand comes from the
importing countries which have been
backward in making purchases, II will
initiate for an upward movement In
prices
There was further talk yesterday Of the
spring wheat farmers holding onto their
wheat tightly unless they are paid higher
prices and 1t is generally believed In the
southwest that farmers will not sell at
the present price.
1t is said that in the western half Of
North Dakota fully s. per cent of the
wheat is yet to be threshed, while in
South Dakota and southern Minnesota
threshing is half completed that the
quality Of the grain is greatly mixed and
that a great deal OF 1t Is of light weight.
Corn showed more or less weakness
and final prices Of the day were $50
15sc lower. The market seemed to lack
leadership, as we'll as short interest, and
the volume of trade in wheat and oats
overshadowed that in corn, and 1t is ex-
pected that this condition will continue
for some time. The undertone was weak
all day and there was an absence of new
buying power, which was noticeable dur
ing the entire day. q
oats suffered, recessions OF 1d1lkc yes
terday. and this, too, in the face Of con-
siderable talk of heavy purchases and
heavy chartering OF steamers for ship
ment Of this grain abroad. Six fun cargo
steamers were taken at Baltimore for
France, the total being 100000 bushels
in round numbers, and two small boats
were taken there for Norway for heavier
grains.
Wheat was 1c higher.
Corn was unchanged TO nc lower !,
These. sales We're reported today: Wheat:
No. hard winter, 8 cars, .$l.02; cars,
H.o1h. No. hard winter. car. s102l4;
da car .i6S Sc car cars a $780, f So Sard
hard winter. / car, sSc. No 3 mi&S7, /
s ssr 49, N Rye caf EO $50 6a Gs!' NS WIFE, Sfe
car, 451&c. Standard, 1 car. .45hci 2 cars.
45c. No. white. IS cars, 44%c; cars,
4415c. No. 4 white, cars, 44kc; 1 car,
44e. No grade, y car, 44c Corn: No. 1
white, Y car, TIC, No ? white. l car
/ car, 76c. No. yellow. cars. 74c. No.
yellow. / car, &c. No. 5 yellow. Y car,
7Sc. No. 8 mixed, / car, 7sc: sample. 1
car Cyellow). 72%c; lear (yeelow), 731Rc.
Clearances Of wheat and flour were
equal to 1,291,oOO bushels; no corn; oats
5000 bushels.
Liverpool closed: Wheat, unchanged &c
1zd lower; corn, Id higher.
Primary wheat receipts were 1881 O'
bushels and shipments 1890 bushels
against receipts of 1Sl5,000 bushels anC
shipments of 1881, 900 bushels last year.
Primary corn receipts we're $4,000 bush
els and shipments 2Si, 900 bushels, against
receipts of %, 900 bushels and shipments OIL
49,, 600 bushels last year
Primary oats receipts were $4,000 bush
els and shipments of 72SOO0 bushels
against receipts OF $4,000 bushels and
shipments of 10000 bushels. last year.