Omaha daily bee., 1914-06-18
GRAIN AND PRODUCE MARKET
Large Sales Of Cash Wheat Reported
from Centers.
START MOVEMENT OF NEW CROP
Small Declines in Corn in chicago
ana Liverpool, Accompanied BY
weakness in Foreign Markets
on Good weather Report.

OMAHA. Neb., June II.
There Is little in the conditions sur
rounding the wheat market on ii,',., wniSn
in increased quantities and prices are
likely to sell to a lower Level; Goou
weather Is needed TO permit OF harvest,
ing and threshing new wheat, as wen
as moving il to the railroad stations
IL seemed at one time yesterday as III
the heavy and general rains IN the
southwest and south would check the
downward trend Of values for the time
being but the increased selling by some
OF the larger commission houses against
the actual wheat 20 come forward drove
many OF the early buyers out OF thelr
position and caused net losses Tor the
While ST. Louis reported that the
larger cash houses were not receiving
favorable responses to bids sent out
Tuesday night, there was q ditreren'
story from cash handlers.
CHICAGO as we'll as Kansas City, re-
ported heavy purchases OF the new crop
over night The states selling new wheot
were Iowa, Nebraska, Illinois, Indiana
Kansas, Missouri and Oklahoma. some
OF these states were pressing their gram
for sale, which caused the cash handlers
The fiTst car OF new wheat from the
southwest was received at chicago yes
terday BY the J. Rosenbaum Grain COM
Frank Rice, secretary OF the star and
Crescent Milling company, this grain was
in milling condition. The first car OF the
new crop received In Chicago last year
was on June 20.
Importing countries are resorting TO
their old tactics OF making purchases OF
wheat in a sub-rosa way. In round OF
the larger cash handlers yesterday Il was
learned that not only Chicago but the
southwestern markets, sold considerable
grain for foreign shipment, and that II
is to so out In August and september.
Additional vessel room was engaged At
the seaboard for eaFly shipment, with
some OF Il 70 be loaded as early as the
The news on wheat from abroad was
both beRrish and bullish The markets
OF the old world were all lower. The
influences there were the increased and
cheaper offerings OF American wheat the
pressure on Indian wheat and the more
favorable crop advlces from Russia and
There were small declines in corn, not
only at Chicago, but at Liverpool. The
weakness in the foreign TnaTket as wei
as here was on better weather In AR
gentina and the increased offerings OF
European cargoes.
The same interest which was prominent
days again absorbed liberal supplies OF
both July and September. The market,
however. was hai5c lower to unchanged,
showing that the July and september
were under considerable selling pressure.
The provision market was fractionally
lower all around yesterday with the easier
hog market and the promise OF larger
receipts today, together with the bearish
semi-monthly stocks. aa the leading In
fiuences Receipts OF hogs continue to
fall below those OF a year ago, as there
were only l0l,OO0 In the west yesterday,
against 1850 last year. The cash meat
trade continued fair.
Clearances: Wheat and flour equal &c
$4,000 bushels; corn, 10000 bushels; oats
5000 bushels.
Liverpool close; Wheat. Nd to I'd higher
corn, I'D TO iisd lower.
Primary wheat receipts were n0oO'
against receipts of $4,000 bushels anc
shipments OF f.24s,0oo bushels last year.
Primary corn receipts were 64b,OOO bush
els and shipments 406, 900 bushels, against
receipts OF l.400o oo0 bushels and shipment
OF $1,000 bushels last year
Primary oats receipts were 10Y 600 bush
els and shipments 10000 bushels, agains
receipts OF LEO 600 bushels and shipment
Of so. 900 bushels last year