Omaha daily bee. (Omaha [Neb.]) 187?-1922, 1915-04-04
GRAIN AND PRODUCE MARKET
May Wheat at Attractive Level, but
Past Price Reeessions Strike
Fear Into Spectators.
CORN IS DUE TO SLUMP A BIT
OMAHA. April 8. 1915.

OMAHA. April 3, 1915.
Old crop wheat Is growing scarce This
fact is felt not only by the exporters
who are securing the country in an en-
ucav0r to FIN their May contracts. but
also by spectators, who are anxious e
pile up some OF this grain before the end
Of the month rolls around. primaries
continue to fall off from week 70 week
and were Il not for the shipments OF THIS
grain from one market to another IN the
way OF filling contracts in both the win
ter and spring wheat belts. the move
nent to primary markets would De much
less than those recorded.
The fact that the primary movement IS
duplicated many times during the season
fails to show the actual crop movement
ana Il fails also to show the demand ex-
listing, as well as the shipments that are
made. The visible supply OF wheat con
tinuos to decrease, and while the falling
Off has not been as liberal as many ex-
pccted II would be, the decrease has been
steady. and IL Is likely 20 become larger.
A wen known authority In referring TO the
acute old crop scarcity period OF 1913,
both in Europe and the United states,
says this period undoubtedly lies ahead
Of MS, and that a decrease Of fully 100000
bushels In the visible supply for April
would bring those stocks around the ~
Co, 000-bushel mark.
May wheat is at a level now which
might be called attractive 20 the wise
spectators OF the country. Many OF
these people. however, are afraid to IN
vest in May wheat because OF the con-
tlnued sharp price recessions which have
been seen here for some weeks past
one condition favorable 90 the bears has
been the concentration of buying power
am@Hg tho importing nations, coupled
with the dullness in the flour markets
In all positions OF the United states as
well as of Canada.
Word comes from abroad through the
Modern Miller that Great Britain has
failed to keep up it's stock OF wheat ac-
cording to the laws OF that country and
It Is said the supplies there have grown
eminent officials have become alarmed
The latest cable advices from the
southern hemisphere throw. considerable
cold water from the standpoint Of the
As viewed from an impartial stand.
point, 1t will take continued and liberal
buying Of corn TO hold the price above
certain level Conditions are against
the present price Of that cereal. Stocks
are large both In the visible and In Chi
cago elevators. and there is no demand
worthy Of mention for this grain.
Oats clearances are larger but the de-
niand the last few days has fallen off
some OF the stronger houses are friendly
TO May oats.
Omaha spot Market
Wheat was not quoted.
Corn WAS not quoted
Oats were not quoted
Clearancea OF wheat and flour were
equal TO 1.5620O0 bushels, corn. 1,27e,Oo0
bushels. oats, 5000 bushels.
Corn closed unchanged at Liverpool
Primary wheaf receipts we're @0Vlo
bushels and shipments $4,000 bushels,
against receipts OF 200 bushels and
shipments OF $1,000 bushels last year.
Primary corn receipts We're 69Sooo bush.
els and shipments 10000 bushels. against
receipts Of 900 bushels and shipments
81 6l0,Oo0 bushels last year.
Primary oats receipts were 203,ooo push-
els and shipments i.5S0,OoO bushels,
against receipts OF $4,000 bushels and
shipmentR OF tS5.0O bushels last year.
CARROT RECEIPTS.