The Dalles daily chronicle. [volume] (The Dalles, Or.) 1890-1948, 1893-06-29
MARKET RERoRT.

THURSDAY, June 29.-The depression
in business circles that characterized
the former part of the season and the
lifeless condition of trade, apparently
have, in a measure, vanished, and the
past few weeks have been encouraging
TO dealers and business generally.
Money has been easier and the volume
of trade has increased in all branches in
consequence.
Prices are generally maintained. The
grocery and provision market continues
steady without any apparent change in
quotations.
In produce there is no change to men
ton further than the trade is well sup
piled with all kinds, including the
smaller fruits.
Poultry is in large supply and broilers
were sold yesterday at 81 per dozen.
Old fowls are quoted at 50 to $3.50 per
dozen.
The wheat market is decidedly weak
on the coast. Foreign advices, while in
some respects unsatisfactory, have an
encouraging outlook.
The crop reports indicate general
shortage and a prospective demand for
an additional supply of breadstuffs for
1884. Our United States crop bulle-
tin for the week ending June 18th con-
tains the statement that the average per
cent will not exceed 7S per cent of acre
age and prospective yield. Later ad-
vices will determine the product, but
enough is known to base the calcula-
ton that the yield for 1898 will approxi-
mate near 435, 600, 900 bushels, and with
the hold-over, as estimated, of 7S mil
lions, will be 5l3, ,0OO, 900 against nearly
900 900 900 for 1892.
The wool situation is unchanged with
one exception, and that is a weaker
market in the east. Boston quotations
of the 23d for Oregon woods show a de-
cline of 2 cents per pound on all grades.
The following from Philadelphia of the
oath inst says of wool:
The situation continues unsatisfac-
tory. Values of coarse and medium un-
washed woods have reached point at
but on all grades of washed wools prices
are to great extent nominal. The sup
ply of the latter is not yet large enough
to fairly establish market. A few lots
are selling at 27@2S for fine Ohio de-
laine and there are reports of some
business in fine clothing heeces at 25c,
and in medium at 28c but the transac-
tions at these rates are small and buy
ers evince no disposition to operate
freely, except at further material con-
cessions, which receivers are not yet in
position to offer. Fair sales of quarter
and medium unwashed have been made
at 100000 and here and there buyers
have made offers for considerable lines
at l9c. Belief consequently gains
ground in some quarters that these
woods are nearing the bedrock of value,
but many manufacturers are still un-
willing to operate, even on the present
basis.
Western advices indicate more gen.
eral disposition to realize, but there is
much irregularity in the views of inter-
ior holders and the movement of sup
plies to the seaboard is comparatively
slow. Considering the decline that has
already taken place, it is not surpris-
ing that Western growers should be re-
luctant to part with their clips at still
further concessions, but the attitude of
buyers shows no change from the deter
mination heretofore expressed to buy
the new woods only at prices on parity
with the foreign costs without duty.
There is much difference of opinion as
to what really is the s'free trade'' value
of many grades of wool, but buyers are
more likely to err on the side of undue