The Dalles daily chronicle. [volume] (The Dalles, Or.) 1890-1948, 1891-02-13
REVIEW OF THE LOCAL MARKET.


There is not many changes to note in
our review of the market for the past
week. The great anxiety felt about the
successful passage of the portage railroad
bill for the Cascades, has absorbed
everything else at the expense of all
kinds of traffic and as a result there has
not been much done in business lines.
Freight rates have been discussed
thoroughly; also the condition in which
the producing classes are interested.
The high rates charged by the railroad
company on grain from the interior of
Eastern Oregon to the sea board and the
increased rates on ocean tonnage of
vessels to foreign markets has put a
different phase on the situation and now
as result the greater part of the wheat
is going east by rail, instead of west to
the metropolis, thereby realizing more
for the grain laid down in Chicago, net,
than at Portland. The present freight
rate on wheat is 101a cents per bushel,
and were the rates reduced to ~ cents
per bushel, our farmers would realize
SO to go cents instead of 56 or 81 cents.
An open river from this point to the sea
would remedy the evil as far as inland
transportation is concerned.
In the present condition of the local
wheat market here, there are no changes
of Importance. The European markets
are up and down just as often as cargoes
are repored off the coast, and the quota
tions are correspondingly The same.
Chicago and New York grain quota
tions are as fuctuating as formerly,
with no encouraging features to report.
Chicago's May delivery quotation is
9734 New York, 1.0434.
Portland's market remains unchanged
with irmer tone. Its quotation is
unchanged. Valley is quoted $3.50
1859; Eastern Oregon. 81 .15@1. .1614.
Dalles market has no change to report
since last week SO for No. l; .54 for
No. 2.
| OATs-The oat market is very quiet
and offerings limited at quotations with
clean $3.50 per Genital and inferior 81 So
al 40 per Genital.
BARLEY-There is nothing doing in
barley. There is none offering. Quote
prime brewing $1.O5@1. 10, feed $1,000
LOS per GENITAL, sacked.
MILLsTUFFs-The supply is quite suffi-
cient for the demand. We quote bran
and shorts $1,000 per ton. Shorts and
middlings $22.50@$24.00 per ton.
HAY-The hay market is unchanged.
The continued warm weather has
checked the usual demand for the season.
Quote, timothy, $17.OO per ton, wheat
hay in compressed bales $500. Oat
hay dull sale at $11.OO@12.OO. AL
falfa market is without change in former
quotation.
PoTAToEs-Are in moderate supply and
have downward tendency. Quote,
81 90, common O.90 per 1O0fb.
BUTTER-There is great scarcity of
gilt edge and choice butter. Quote AL
0.7O, good 0.65, brine $4,000. AS, common
0.30@0.35 per roll.
EGGs-The market is some firmer
than noticed last week and a falling of
in supply with an upward tendancy, al
though quotations are unchanged.
Quote 0.15@O.1S per dozen.
PoULTRY-The poultry market is
sitter since our last quotation,
and still farther advance is looked
for as there is a scarcity in supply
which continues. We quote, good
average fowls $4.0O per dozen, common
$3.O0@3.5O per dozen. Turkeys O.1O pei
10. Geese O.9O@$1. .25 each. Ducks O.3E
@0.4O each.
WooL-The market shows no move
ment or change in the quotations. East.
ern Oregon Q. 0.141a@O.161a.
HIDEs-Prime dry hides are quoted al
! 0.O4@O.05 per pound. Culls O.O21s@
0.03R. Green 0.02. Salt O.O3 Sheer
: pelts extra O.75@O.s5, ordinary O.4O@
} 0.60 each. Bearskins, No. l $S.O
common $3.50.
: BEEF-Beef ON foot clean and prime
0.03, ordinary 0.021a.
MUTToN-Wethers, extra choice $4.OO
common $2.75@$3.50 per head.
HoGs-Live heavy, O.04. Medium
weight 0.0334, dressed 0.054@0.053z
Lard 5tb O.11@10%; lob 0.10L; 4Ofl
0.08@0.0S1sc per pound.
, FROM PENDLEroN.