The Dalles daily chronicle. [volume] (The Dalles, Or.) 1890-1948, 1891-07-03
REVIEW; OF THE LOCAL MARKET.

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The business week has been an unusu-
ally busy one. Our merchants speak of a
satisfactory trade from the interior and
also of the home or local patrons. The
late rains and favorable weather. have
stimulated the farming communities and
the general tone of business in all
branches has had buoyant tendency.
THE SALMON INDUSTRY.
The salmon season has been a light one
for packers and canneries, the low water
in the rivers and other causes unknown
have made the catch the lightest on rec
ord. The Rockfeld canning company,
which put up 81 ,l73 cases containing
each four dozen cans. for 1890, has only
put up about 3 1900 cases this season and
the few fish caught, and which will be
brought to the cannery from this time to
the close of the season, will probably
not swell their pack tor more than 500
cases. Presuming the catch to be cor
respondingly small on the lower Colum-
bia, the years work will not exceed one
fourth of last seasons put up on this
coast While the market seems inactive
owing to the large export of canned sal
mon of 1890, there will be better prices
in the future realized bv our cannerymen
than formerly.
THE WOOL SITUATION.
The weeks wool market shows nothing
of interest. The receipts have fallen off
considerably, as the bulk OF the clip has
beeJ. delivered at shipping points. The
Dalles has had larger receipts this season
than last, but the sales have been less
than for the corresponding period. The
buyers, who were here last week, have
nearly all gone. as sellers prices were
above offerings, and nothing could be
done but; consider it a deadlock. Tele-
grams to-day advise buyers to pay no
more than l6c for A L, clean wool, us the
eastern markets are declining.
THE WHEAT OUTLOOK.
The United States agricultural bureau
reports wheat product of over 500,O0O,
600, which is being harvested and is rip
ening, for 1891. :lnd that the yield in the
Northwest will be the largest ever
known. The following from Europe
will be of interest:
THE WORST ON. RECORD.
LONDON, June 29.-The Telegraph's s
st. Petersburg correspondent declares
that the harvest in Russia this year is
| likely tn be the worst on record. He
draws a narrowing picture of the
results OF the continued drought.
| Prices OF cereals, he SAYS, are rising
| hourly. Rye. has never before been SO
dear. A famine is already visible in the
faces of the peasantry of Kostroms. Dis
ease has already broken out. The only
food is oatmeal, mixed with tree bark
or similar Ingredients. In the Jewish
colony at Rovenople, many people are
diving of hunger and hundreds have hud-
.tdled together. The government is tax
ing precautidn against expected revolts.
4 Taxes are collected with the usual regu-
larity and failure to pay is visited with
a severe Hogging-
HARVEST PROSPECTS IN RUSSIA.
BERLIN. June 29.-The Reichsanseirer
referring to harvest prospects in Prussia.
says that the yield of winter rye will be
] to y per cent. of average, and the yield
of winter wheat So per cent. of average,
/ while the potato crop is uncertain.
/ Dispatches from India OF aarecent date
indicate great amount of suffering from
the effects of drouth and in some parts
of Europ the distress for want of food is
beginning to be felt, and the eve
of bread riots, which would indicate de-
mand for all our surplus, is near at hand.
In the eastern states the grain market is
weak, but there is, nevertheless, gener-
al that the United States will be called
on to supply the great efficiency, as its
graineries are the only resource for sup
ply in the world for 1891. The next
month will settle the question as to the
worlds breadstuffs, and then markets
will begin to assume a reliable phase
The Orient is beginning to furnish US
with market for our flour. Arrange
ments have been made to export large
quantities monthly which means open.
ing up another channel for our, grain
and permanent market, as the Mon
golians take to our bread with favor.
1t is reported that parties are con
tracing in the Palouse and Walls
Walla sections for the crop at 20 cents
per bushel Whether this is reliable
and straight goods is questionable.
The Dalles wheat market is steady al
so cents per bushel.
OATs-The oat market is i'll good sup
ply with more frequent offerings. Ow.
ing to the near approach of the new
; crop, decline has taken place. We
quote $1.2O@1.25 per GENITAL. Marke
very weak.
BARLEY-The barley supply is fairly