Aberdeen herald. [volume] (Aberdeen, Chehalis County, W.T.) 1886-1917, 1898-08-04
WEEKLY MARKET LETTER..
reported By Downing. Hopkins & Co., Inc,
Board OF Trade Brokers, III 10 ia Chamber a
Commerce building, Portland. Oregon.l

reported By Downing. Hopkins & Co., Inc,
Board OF Trade Brokers, III TO IA Chsmbar q
Commerce building, Portland. Oregon.l
The wheat trade has dropped into
condition where no one except scalp.
ere and few professional traders, ex.
porters, and elevator people are touch
ing it. There is promise of carrying
charges in the near future and as ele.
vator people have no stock, they are
commencing to buy the daily arrivals.
Millers are buying little, and export
ers who have made good sales abroad
for near shipments are also competing
for the arrivals- The big spectators
are mostly on the short side. They sell
whenever the market has an upturn,
and their offerings are sufficient TO pre-
vent bulges Of material length. On
the breaks of to 3 cents they covered
part OF their line, taking their profits,
only to put the wheat out again at the
same price to possibly shade better.
They are working on the crop report.
Their advices from the Northwest are
favorable. A private statistician esti.
mates the spring crop wheat at $780,
900, 900 bushels. Placing the winter
wheat yield at 400. 600, 900 bushels. it
would make an aggregate crop Of spring
and winter OF 700. 900, 900 bushels.
THIS is the largest ON record. Conser-
vative people place the crop at Co.,.
900, 900 bushel, and the government
figures made the yield 6l5, 900. 900
bushels, or 80. 900, 900 bushel less than
month ago. Statistician Snow makes
the spring wheat acreage Is, 0O0.0 600
ceres, which exceeds that Of the govern
ment. The acreage OF the department
Of Agriculture this year ia nearer the
actual seeding than at any time in it,
history. and possibly when the final re-
Port Ia made it will show that the crop
Is about as reported, as it is able to get
nearer the correct figures than ever be-
fore.
Present prices are about the same a.
last year, but then farmers did not
have taste Of 81 wheat, and where
anxious to sell Having been treated
to a dollar wheat, most Of them think
that they should have higher prices
again. Should the corn crop be ma
terially damaged and sell at high prices,
II may help wheat little, but the out
look Is not particularly favorable. The
exports for the year ending June 80
were 2l6, 100000 bushels of -four and
wheat, against l4d. 900. 900 bushels the
preceding year.
Portland Market
Wheat-Wslla Walla, COG &c; Val.
hey and Bluestem. 64c per busbel.
Flour-Best grades. g. rs; graham,
Is. so; superfine, $2.26 per barrel.
Oats-Choice white. 40c; choice
gray, 3Sc per bushel
Barley-Feed barley, gal; brewing.
e22 per ton.
Authoritarian, sl6 per ton; mid.
dlings, S2l; shorts, $l3.
Hay-Timothy. $l1@l2; clover. SO
Gil; Oregon wild hay, $9@l 10 per ton.
Eggs-Oregon, l6@17c per dozen.
Butter-Fancy creamery, $50 40c;
fair to good. 1870; dairy. 25@32ho
per roll
Cheese-Oregon full cream, 1l@ l2o;
Young America. 1870.
Poultry-Chickens mixed. 81. 50 per
dozen; hens. $500; springs, $2.OO@3:
geese, $3.00@4.50; ducks. young. $50
400 per dozen; turkeys. live, 100
l21ac per pound.
Potatoes-Oregon Burbanks, 30@35c
per sack; new potatoes 5O@65c.
Onions-Californi MIA red, $1.25 par
sack.
Hops-6@12Hc per pound for new
crop; 1895 crop, 4@6c.
Wool-Valley, 10@12c per pound:
Eastern Oregon. s@l2c; mohair.
DOC per pound.
Mutton-Gross, best sheep, wethe1s
end ewes, 34c; dressed mutton. &c:
spring lambs, Sc per ID.
Hogs-Gross, choice heavy, $4.76;
light and feeders. 50. 00@ 400; dressed.
IS. 50@6.50 per 100 pounds.
Beef-Gross. top steers. 3.50@&3.75;
cows $2.50@3.0G dressed beef.
b@614c per pound.
Veal-Large, 5}8 Gee; small, 1850
per pound.
Seattle Markets.
Neutrality-suspicious., 81
per 100 lbs; natives, $50 10; CalifOr.
IA v,ototooo ~ M NOV 1ON pnunIu