The Dalles daily chronicle. [volume] (The Dalles, Or.) 1890-1948, 1891-04-17
REVIEW OF THE LOCAL MARKET.

Trade for the week past has been re-
markably quiet for this season of the
year. There has been several small lots
of wool brought in, which were the clip
from mutton sheep. AS yet, no market
prices are quoted for this seasons wool.
The clip will be large one, and the
staple will be exceedingly fine. In prod
uce lines there is depression. Butter
has declined and is coming in quite
freely. Eggs are still down and with no
expectation of an advance soon.
The following clipping on the wheat
outlook is the Northeastern Miller, which
will be read with interest by our produc
ers.
There is no doubt that the future of
prices hinges almost entirely on the
French crop prospects. In this connec-
tion the following opinion of a very re-
liable French house may be duly noted.
SIN the first place the area sown is at
least $500, 900 acres less than last year,
which, taken at the average yield of
eighteen bushels per acre, means 49, ,OOO,-
900 bushels loss with regard to the area
damaged by frost and replowed, it is still
estimated to be at least one-fourth, or
say 800 900 acres. 1t remains to be
seen what amount of this will be resown
with spring wheat, but in any case, the
condition of the plant where it has not
had to be replowed is so unfayorable,
that even the most optimistic author
ties look for further loss on this ac-
count of 5O,OO0,O00 bushels compared
with last year. So that, altogether, we
must look for crop go, 100000 to 90, ,000,-
600 bushels short of last years, which
was officially estimated at 1000, 900
bushels, but is commercially recognized
not to have exceeded 800, ,000, 900 bushels.
| Thus present indications point to crop
| of 225 ,000, 900 to 0,000, 900 bushels,
while France consumes annuallyt340, ,O00,- :
/ 600 to $50, ,000, 900 bushels. Under these
circumstances it is not surprising that
French farmers, who must still hold
plenty of wheat from the last good crop,
are indisposed to sell, SO that foreign
into consumption than might have been
thought. Already about 5000, 900 quar-
ters have been imported into France in
the past seven months, which, even sup
posing the last crop was only 4O,O0O, 900
quarters, is sufficient to supplement the
home crop if the latter were forthcoming
in larger quantities. The large purchases
which have been made for forward de-
livery, and which probably amount to
destined to help satisfy future def
ciency."
Looking at the indications of the crop
in France, as above shown, and the
more or less unfavorable prospects in
/ Belgium, Holland, Germany and parts
of Russia, one cannot avoid thinking
that much higher level of values is in
prospect in the not very distant future,
Notwithstanding the large quantity
afoat; and 1 feel bound to say that this
feeling is becoming very general; that,
in fact, the trade is more than ordinarily
susceptible of smart advance.
Potatoes are in excellent supply at
j quotations and are freely offered. We
hear of one firm insthe city, who are Sc
curing two car loads for Kansas and
Nebraska.
Bacon and hams sell in the market at
.091s 10 cents in round lots.
Oats and barley are getting scarce and
have enquiry on an upward tone. Oul
1 quotations are firm.
There is no change in the wheat
market since last week. Portland quotes
an advance, also European and eastern
markets give color to sharpadvance.
! Quote, valley $1.4716@1.5O; Eastern
Oregon 81 .40@14211sa. The Dalles quotes
"a for No.1, and 621a for No.2. }
!. OATs-The oat market is very quiet
! and offerings limited at quotations with
/ an upward tendency. We quote, extra
clean $1.6O per GENITAL and inferior ST.
, per GENITAL.
! BARLEY-There is nothing doing il
: barley. Three hundred bushels of gooc
seed barley was sold during the week a
81 10 per 100 ID. Quote prime brewing
81 .05@1. 10, feed 81 .0O@1.05 per Genital
sacked. ~
!, FLoUR-Best brands $S.s5@$4OO pc
: barrel.
MILLsrUFFs-The supply is quite suffi
! cient for the demand. We quote bral
! and shorts $4,000 per ton. Shorts ane
middlings $22.5O@$24.O0 per ton.
HAY-Timothy is quoted $17. .O0@1S.O0
Wheat hay is limited in supply and ha
, ton. Alfalfa market is without change il
] former quotation, $13.00@14.OO; oat hay
i $1,000.
PoTAToEs-Are coming in freely and
drop in price is expected. Early Ros
are more eagerly sought after. .Choic
Early Goodrich and Burbank Seeding
are in good demand at 81. 10 per GENITAL
Quote for table use $50 go cents per 100fb
BUTTER-Is in better supply. Quot
! A .55 cents per roll which is coming il
more freely; brine 300 40, per roll, AM
dull sale.
] EGGs-The market is weaker and tn
supply is increasing, Quote 121a@1
j cents per dozen and downward ten
r dency.
PoULTRY-Is very scarce and sell
frool,r =, ndrrornoo Of SQ oo.,tu nos. d1,u