The Corvallis gazette. [volume] (Corvallis, Or.) 1862-1899, 1898-08-26
eosnsy Clerk
WEEKLY MARKET LETTER.

WEEKLY MARKET LETTER.
| Reported by Downing. Hopkins 4 Co., Inc,
BOARD of Trade Brokers, III TO IA Chamber ol
Commerce building. Portland. oregon.l
Half of the &c wheat advance made
the previous week was lost last week.
The Septem ber, which had advanced
and closed at 65 5-8c. The bulls were
disappointed at the government report,
which made the spring wheat condition
almost perfect, and at the continuance
of splendid harvesting and maturing
conditions in the Northwest. With so
much confrmatory of huge supplies,
the me1e matter of receipts, depending
as they apparently did only on the
mood of the farmer, in the estimation
of the speculator dwindled in import
anee. The trade the week previous
had thought only of small stocks and
inadequate movement, and the inclina-
tion of the grower to hold on. but it
turned last week from these immediate
and lesser considerations to the greater,
the amount of wheat that had been
grown Il world over.
1t has been fortunate for everybody
that the winter wheat farmer was not
In hurry to sell his grain. The result
has been comparatively high prices for
six weeks after harvest, cash wheat,
in spite of the apparent abundance,
commanding zoe and over. Almost 2O,-
900, 900 bushels have cleared since July
1. and at the rate of 600. 900 bushels
day, the home consumption since the
beginning of the new crop year has been
almost 50,0O0,00 bushels, all at fair
prices to the Westerners, for whose
prosperity all are hoping with self in
terest. The speculator has contributed
to this result by his very bearishness.
The overzealousness of professionals to
discount the big crops has kept up the
short interest and created the conges-
tion which has checked the declines and
has forced occasional rallies.
New wheat is slowly moving into
market. About a dozen or more car
loads so far have reached Seattle. More
of the old stock has arrived of late and
on one or two of the docks there has
been some good large consignments.
Portland Market.
Wheat - Walla Walla, 55c; VAL
ley and Bluestem, 58c per bushel.
Flour-Best grades, So. s5; graham,
e2.s5; superfne. $s.25 per barrel.
Oats-Choice white, SS S@39c; choice
gray, 56@37c per bushel.
Barley-Feed barley, $50; brewing.
e21 per ton.
Millstuffs-Bran, $14 per ton; mid
dlings, $21; shorts, $14; chop, s13 per
ton.
Hay-Timothy. s1o@11; clover. 50
@lo' Oregon Wild ha; q 10 per ron.
Butter-Fancy or, Try, 45@5oc
seconds, s5c; dairy. b@s5o store. :
20@221ao.
Cheese-Oregon full cream, 11@ 12o;
Young America. l2Ko; new cheese,
10c per pound.
Poultry-Chickens, mixed, S.. 50@4
per dozen; hens. S. 90; springs, 81. 90
$500; geese, $4.00@5.00 for old.
$4.5o@5 flor young; ducks. $1,000
400 per dozen; turkeys. live, 1O@
121sc per pound.
Potatoes-45 @ SOC per sack.
Onions-CalifoInia red, $1.25 per
sack; silver skin1, 81 25O1 40.
Hops-5@1s1ac; 1896 crop, 4@6c.
Wool-Valley, 1O@1ac per pound;
Eastern Oregon, 8@12c; mohair,
25c per pound.
Mutton-Gross, best sheep, wethers
and ewes, $40; dressed mutton. &c;
spring lambs. SC per Id.
Hogs-Gross, choice heavy, $4.75;
light and feeders. $3. .00@4 400; dressed,
IS. 30 q 6. 30 per 100 pounds.
Beef-Gross. top steers, 35O@$3.75;
cows, $2.50@3.0O; dressed beef,
b@64c per pound.
Veal-Large, 5@51ac; small, &c per
pound.
Seattle Markets.
Observation-Disclosures -$1O@13 per
ton.
Beets, per sack, 81. 10; turnips, Soc;
carrots, 81; radishes, 1214c; new Cali
fornia onions, $1.25; cabbage, IL @2c.
Fruits-California lemons. $6.5O@
2. 90; choice. $3.50; seeding oranges.
81. 80 case; California navels, fancy
e3 3@3.25; choice, $2.50@2.75; ban
anas, shipping, $2.25@2.75 per bunch;
peaches, Yakimas, $4,000; Wenat-
chees, small, 6O@65c.
Ruttar-Fonav nofiHra
brick, 25c; ranch, ID a 16o; dairy, 15@
lSo; Iowa, fancy creamery. 25c.
Cheese-Native Washington, 11@
llHc; Eastern cheese, 11@11Lc. ..
Meats-Choice dressed beef steers,
prime, 7c; cows, prime. exc; NUT
ION, 90; pork, 7@71ac; veal, $3.50.
Hams-Large, 1870; small, lie;
breakfast bacon, IL
Poultry-Chickens, live, per pound,
I4c, dressed, 16o; spring chickens,
b2 60@3.75. -
Fresh Fish-Halibut, 81 h@4ko:
teelheads, A u @ DC; salmon trout, go
loc; founders and sole, 3@4o; herring,
Ic; tom cod, 4c.
Oysters-Olympia oysters, per sack,
b. 30, per gallon, $3.50.
Wheat-Feed wheat, $2O@21.
Oats-Choice, per ton, $26.
Corn-Whole, $24; cracked, $24;
eed meal, $3.50.
Feed-Chopped feed, $17@2r per
on; middlings, per ton, SIT; oil
AXE meal, per ton, $S5.
Barley-Rolled or ground, per ton,
;23; whole, $22.
Flour-Patent, $4.10, bbl; straights,
1855; California brands, 81. 80; buck
wheat -four, $3.50; graham, per bbl,
A. 20; whole wheat -four, $4.50: rye
Iour, $4.25.
Millstuffs-Bran, per ton, $14;
horts. per ton, SIC.
Hov-Puoot CoupI roivaJ 90 am,