Omaha daily bee. (Omaha [Neb.]) 187?-1922, 1914-08-04
GRAIN AND PRODUCE MARKET
War Brings On Favorable Conditions
for Higher Wheat Prices.
WEATHER CONTROLS CORN
Future Prices OF yellow Cereal Now
Depend Upon the Amount OF
Moisture In the Next
Thirty Days.

OMAHA, August 5. 1914
The general belief In gram circles at
Chicago Is that England cannot afford
TO take actual chances In becoming en-.
gagged In the political situation. 1t Is well
known that England Is dependent upon
the exporting countries of the world for
the actual necessities and the nation
must keep open the water routes-es.
the United Kingdom, so much needed
supplies can be sent into them. stocks
of breadstuffs In the United Kingdom
are abnormal as shown by the most re-
cent cables
Crop prospects in the Argentine are as
good as was generally believed two
weeks ago and crop losses in Russia
Russia have not only been In wheat but
in barley and oats as well.
Never In the history of grain markets
OF the United states were conditions so
promising to the producer of grain as
before the political cloud settled over
the countries of the old world. Under
present conditions the importing coun-
tries are powerless to buy from the
complete standstill and no one dares TO
undertake to do any trading with Tor
eigners now as the insurance rates In
the way of war risks are prohibitive, and
while many millions OF bushels OF wheat
have been sold to go abroad, the markets
are paralyzed and terminal points Will be
piled high with wheat that has been sold
to 20 there.
The crop situation has again become
the main issue in the corn market ana
the weather map is bound to come in for
more attention this week than II received
last. Foreign affairs and the sensational
action of wheat turned traders away from
the ordinary market influences, but the
bullish advices of Saturday could not be
ignored A decline of thirty points In
Oklahoma and sixteen points In Missouri
conditions during July, has given the
trade something to think about, ana II Is
believed generally that the next govern
ment report will show a general decline
of ten points for the month.
Oats traders feel uncertain as to the
course of the market during the week
Europe and prospects of the railroad
strike. The country finds existing values
satisfactory and is selling oats freely
All other influences In the provisions
market is overshadowed by the war
scare. II Is certain that the market viii
be confined to narrow limits until some
thing definite Is learned regarding the
foreign situation. The product appears TO
be on healthy domestic basis as Tar as
the meats are concerned and lard 10 stiii
waiting for the late summer and fall
demand.
Wheat was 1000 lower,
Corn was unchanged to NC lower.
Oats we're INC lower.
Ciearances were; Wheat and flour equal
to ,12S, 600 bushels; corn. none; oats, none.
LIVERPOOL closed; No market on ac-
count on holiday -.
Primary wheat receipts were S,s4b,0OO
bushels and shipments 2,4S5,0OO bushels,
against receipts of 2,7l6,000 bushels and
shipments of $50, 600 bushels last year.
Primary oats receipts were 2,3lS,000 BUSH
els and shipments 81, 0Oc bushels, against
receipts OF COS, 600 bushels and shipments
of 426 900 bushels last year.
Primary oats receivts were 2s1S, 900 bush
els and shipments 692,0 900 bushels, against
receipts of 1155,0 200 bushels and shipments
of 5S5, 900 bushels last year.