The Dalles daily chronicle. [volume] (The Dalles, Or.) 1890-1948, 1891-06-20

|
place Monday last. Business still con-
tinues fair and former prices are main
tanned, save in sugars, Golden C's, have
declined on & of cent, but other grades
are on former quotations-Island Rice
has declined 1s cents per lb. Other lines
of staple groceries remain at the same
quotations.
WOOL SITUATION.
There is no material change i'll the
wool situation since our last report was
made. The dead lock seems to be on
and buyers have nearly all gone to other
shipping points. There has been but
few transfers and but few shipments and
the market is practically at standstill
Prices are shade lower on all grades.
Light woods are quoted at 1616 to II
cents and heavy at 1241s to 131s cents.
We clip the following from the Ore
gonian which will show what the antici-
patings are in wheat centers. Eastern
markets are very firm-C California quotes
l.621a for 1891, which indicates better
prices than our farmers realized for the
last years crop. III,
| t FOREIGN WHEAT PROSPECTS.
| England has lately been experiencing
most unfavorable crop weather. The
| first of this month London has had a Sc
we're hailstorm following four or five days
Of very hot weather, and since then the
weather has been quite wintry, with
snow in various parts of the country, and
1.-The temperatures at night below freezing.
The same kind of weather is also report
ed from FRANCE. Under these circum-
stances, the English wheat crop reports
are by no means SO favorable. Indeed,
the vagaries of The winter, and the extra
ordinary character of it's season altogeth-
er, are beginning to show their real eff
fects. In France farmers were beginning
to hope that the spring sown wheat,
] which this year represents about one
/ third of the total, would give a good
yield. The advent of bad weather, how
ever has dispelled these hopes, and the
common opinion among French authoriad
ties is that the next crop will not exceed
that of -1S79,s viz, 1872 1000, 900 bushels,
while the present requirements amount
| to 3S2, 900 900 bushels per annum. To-
ward meeting this deficiency French i'm
porters have provided already about 10,
000,OQO bushels, and continue to offer
more than English spectators. Califor-
nian wheat for eptember-December
shipment was bought in France at 45s
per 500 lbs., which is over the price OBJ
tainable in this country. Renewed COM
plants about the Russian crop. and the
decrease in the quantity a1oat, have,
combined with the continued French de-
mand, brought about renewed firmness
and a general feeling that the bottom
has been reached.
The South Australia and Victoria crop
proves to be about 100000 tons, or over
| 1000, 900 bushels less, according to Off
cial returns, than was estimated early in
the year ,-on the strength of which esti-i
mates ships were chartered in advance
not now find cargo, Taking 1000 900
bushels out of Australia's surplus in this
time of prospective scarcity is serious
enough, but it becomes the more serious
when it is found that both Chill and Ar
gentine have also practically exhausted
their surplus. India alone is the country
from which liberal exports may now be
expected, an example of which was gil
ven last week, when 1 $3.50, 900 bushels
were shipped, the largest total in any
week for considerable time past.
MISCELLANEOUS MARKET.
In the miscellaneous market review
there are but few changes. Wheat hay
is quoted at $14 per ton, but the high
prices of wheat anticipated for the years
harvest, prompts producers to cut and
cure less hay than formerly. We hear of
the market opening at $13 to $3.50 for
baled wheat hay, which is an advance
over former years, owing to expected
higher price of wheat. There are no
changes in quotations on oats, barley, or
wheat. Eggs are scarce at former quo
tations. Old potatoes are nearly out of
market, and new potatoes are supplying
the demand at from p to 21s cents per
pound.
The Dalles wheat market is steady at
80 cents per 'bushel.
OATs-The oat market is in good sup
near approach O. new crop, decline
has taken place. We quote $1.2O@1. .35
per Genital.
BARLEY-The barley supply is very
short and steady demand. We quote
81 POOLS per GENITAL sacked.
FLoUR-Local brands, 1925 wholesale
and $4.50@$4.75 retail; extra, $500
$500 per Dbl.
MILLsTUFFs-The supply is in excess
of demand. We quote bran and shorts
$17.00 per ton.s Retail $IO0 per 10Otbs.
Shorts and middlings, $2O.OO@$22. so
per ton.
HAY-Timothy hay is in good supply
at quotations $17 .O0@1S.OO. New wheat
hay is in market at $14.OO per ton baled.
New wild hay is nominally quoted at,
100 per ton.
PoTAToEs-Good potatoes are in better
supply at .75 per 100fb. New potatoes
11s@211s cents per h.