The Dalles daily chronicle. [volume] (The Dalles, Or.) 1890-1948, 1891-05-01
REVIEW OF THE LOCAL MARKET

i 1fAoAlC5d IA lAAOo LAS Oil
improved appearance, and a better feel
/ ing exists among our merchants. Fresh
supplies of goods have replenished the
depleted stocks, and more activity is
noticed with dealers, than a week ago.
Sugars are firm and are held at steady
prices, with an anticipated advance in
the lower markets. Meats, that is to
say smoked, are firm and an advance is
predicted. We append the following
from Wednesdays Oregonian.
The local market is very firm, espec-
tally on provisions. Canned and smok-
meats are high and firm, and will con-
in the price of fresh meats, but that
there will soon be an upward tendency
is evidenced, by the rapidly diminishing
supply. When prices begin to advance,
which will be before the end of the week,
they will necessarily continue on the
rise until the list of June, when grass
fed heef can be brought in off the ranges
Eggs are decidedly weaker. The rul-
ing price yesterday still seemed to be 17c
though many dealers were selling for
I6c- The large amount of eggs shipped
from the East to the Sound by reason
of discrimination in railroad rates, has
partially shut out the Oregon article,
and shippers have to depend upon the
home markets.
There is fresh movement of wheat
in the market. Farmers who have held
on to their grain are realizing better
prices than those that sold last season.
The Wasco warehouse is buying, and
rs cents per bushel is being paid. The
Diamond Mills are in the field buying
| ~ ~ hoxy
ed. There are strong indications for
better prices for 1891 wheat, owing to
various causes which are telling ON the
markets at home and abroad-The Ore
gonia,a furnishes the following in rela-
ton to wheat and the outlook.
The prospect of foreign wheat short
age has caused a sharp advance in GER
eals this month. May wheat rose nearly
8 cents, and corn nearly cents bushel,
in both New York and Chicago. This
rapid advance recalls September, 1859,
when failing crops abroad forced up the
| price of American grain. Since 1882,
when prices fell, they have remained
low, and the European supply from
other countries has increased relative to
our own. In quantity, our exports of
cereals have been one-half to two-thirds
what they were in the years 61S79-80,
and the ruling price has been two-thirds
what it =. was then. The weather has
been favorable in our winter wheat belt
| for the maturity of the crop, and large
acreage of spring: wheat has been sown.
under the stimulus of high prices. Our
domestic wheat crop promises to be
large. There are very general and unan-
imoqs reports of crop failures in France,
Germany and England, and an active
and strong demand from abroad for.
wheat for early delivery. If this situa-
ton is maintained, we shall have large
wheat surplus for sale abroad at high
prices, which means prosperity to all
classes oftrade. So
Wool has begun to move, and already
several lots have been received at the
warehouse, while there is a prospective
large clip and a very fine staple, Our
buyers seem to be quite disappointed
in the appearance of that already deliy-
cred. Owing to- absence of rain on the
grazing districts, the feeees have gather
ed an unusual amount of dust and dirt,
| which they say renders it less marketa-
bic and consequently prices will rule
lower accordingly. This will be dis
appointment to our sheep men and the
only remedy for this misfortune Is the
establishment of cleansing or securing
work in this city which would be able to
put the wool on the market clean, and
thus save to the owner so per cent; or
save paying freight on at least 1900, ,O00
pounds of dirt by so doing. '
The Dalles wheat market is firmer at
rs cents per bushel with better future.
.OATs-The oat market is in better
supply with liberal offerings at quota
tions. We quote, extra clean $3.50 per
Genital and inferior 81 .35 per Genital.
BARLEY-There is nothing doing in
barley. Quote $1.1O per GENITAL sacked.
FLoUR-Best brands $4.00@$4.20 per
barrel; extra brands $5.5O@$6.OO.
MILLsTUFFs- supply is quite suffi-
cient for the demand. We quote bran
and shorts 5000 per ton. Shorts and
middlings $22.5O@$24.OO per ton.
HAY-Timothy isquoted $17 .OO@1S. 90.
Wheat hay is limited in supply and has
u8 upward tendency. Quote, $12.5O@
$500 per ton.
PoTAToEs-Are coming in freely and
are down in price as the demand is les
sened by the increasing supply. Quote
for table use .65@,75 per 1Oetb.,
BuTTER-Is in better supply. Quote
| A L so cents per roll which is coming in
more freely and the demand is well sup
piled. f-i ~ F
EGGs-The market is weak with a
good supply coming in at quotations.
We quote 12@14 cents per Dozen.
PoUITRf-Is very scarce and sells
freely. We quote, average fowls $3.50
per dozen, common $3.OO@3.5Ot per