Omaha daily bee., 1915-11-30
PRICE OF WHEAT
RISES And FALLS

Continued from Page one)
men, discussing the situation brought
about by the seizure of 100000 TO b.-
10000 bushels of grade wheat by the
Dominion government on behalf OF the
imperial authorities.
This wheat was practically all sold
20 fill contracts before the close OF navi-
CATION or about December 10. II had been
purchased at a premium over the cash
month. and In the case Of sales for
export had been hedged In some other
month Or some other market.
seized wheat Under Contract.
NEW YORK, Nov. 29.-Much OF the
wheat Communicated by the Canadian
government was under contract to New
York shippers according to grain dealers
here. Many OF them have sold grain for
December shipment and must obtain II
from other sources to meet their con-
tracts They hope 20 obtain a share OF
The Canadian surplus not Communicated.
This situation is expected here to create
an increased demand for wheat growing
I'm the United States. as m'llers In this
country. who ordinarily have obtained
mpch of their supply from Canada. will
I've compelled TO turn to a greater extent
20 the home market.
Home shipping agents here say that the
seizure OF the wheat by Canada does not
mean that it's shipment TO Europe will
, be diverted from United States ports, as
they do not believe that Halifax and St.
John can handle the Canadian crop.
Portland. Me-. is considered great outlet
! for Canadian wheat. and shippers believe
that a large proportion of the command
ceFed grain will be exported either
/ through that or other United States ports.
Two-Cent Rise at Minneapolis.
MINNEAPOLIS. MINI, Nov. 3.-wheat
took an upward turn here today In con-
sequence OF the action yesterday of the
. canadian government. December opened
/ May opened at q .Osib to sl.0l X to IL
cents above Saturdays close.
Loading Resumed.
PORT ARTHUR. Ont. Nov s.-The
loading OF Canadian grain to United
Stat vessels for movement to United
States ports. which was suspended sat
urday night and remained suspended all
day yesterday. after receipt Of govern
ment instructions that the principal
grades had been Communicated. was re-
stunned at Port Arthur and Fort William
today.
The chairman OF the Board OF Grain
commissioners said that the oomman-
deering order affected only the grain
that was in stock at Port Arthur Port
William and eastern elevators at the
moment the order was issued-approxI-
mately 100000 bushels. II did not AZ
feet the grain enroute from the west,
shipments Of which are entitled to flow
on as before the communicating order
was received.
Practically the whole United States
fleet OF nearly 300 vessels have been re-
leased from the ore carrying trade.
Grain Dealers Protest 20 Ottawa.
/ OTTAWA. Ont. Nov zs.-There wa
an influx OF grain men 70 the capital
today In connection with the govern
ments action In communicating wheat
in eastern elevators and conferences were
held with Sir George Foster. Martin Bur
rell. Arthur Meighen and other members
OF the government.
The grain dealers object to the govern
ment course on the ground that Il will
interfere with their contracts and TO q
certain extent may encourage farmers &c
hold for higher prices.
Millers and grain dealers here today
{ .neened all quotations. and Il was I'm
possible 10 buy flour or grain on con-
tract