The Evening statesman. [volume] (Walla Walla, Wash.) 1903-1910, 1903-05-28
MARKET STAGNANT.
No Sales in Cereals This Week and
Prices Rule About the Same,
Report Local Dealers.

No sales of any consequence and
no change in the local price of cereals
is the statement given out by Walla
Walla wheat dealers today. Club Is
quoted at 60 cents and bluestem
ranges from GA to 65 GEMS, wheat on
board "A small lot changes hands
once in while, but the amounts are
generally so insignificant that it can
hardly be called a DEAL buyer said
this morning Only a small per cent
of last years crop still remains IN
the hands of farmers, and at ruling
prices there is little inclination to let
loose. All interest is centerlng on
the next crop.
The Portland Commercial Review
this week says there has been very
little wheat disposed of during the
past week and that stocks in the
country in first hands We're very small
and what remains are only small par
GELS.
A few unimpOrtant sales have been
made during the week, in small lots
only. There is some demand for
wheat for the L. X. and a couple OF
ships have been taken for that deStl-
nation during the week. Wheat is
here for the same. and a few ships
have been reported fixed from Tacoma
to the same point. There is plenty OF
wheat at that point as well. Crop
reports during the week are Of a con-
fliCting nature, some correspondents
writing in. state that the rains have
been very beneficial, the same having
been general all over the wheat belt;
Others say that the general condition
of wheat is not the best. The stand
is rather thin. and the fall wheat Is
not stOoling strongly. 1t has not. as
| yet, regained any of the growth lost
through the lateness Of the season.
Spring grain has been greatly bene-
ntted by the timely showers of the
past week Reports to hand indicate
an acreage of , $4,000 acres in both
| fall and spring wheat for this season.
| Wheat prices show no change. Club
! is quoted at lie, bluestem 74c, and
valley 75c per bushel.
FlOur-There has been no new de-
VelOpments in the flour markets Of
the world during the past week. Mil
| Iers say the situation is unchanged
and what few offers that are received
are below the price that they have
| fixed on their output. A steady mar
| ket ruled but the amount Of -four sold
was small, buyers not taking hold at
| the range OF values asked by millers.
| It looks at present as if the market
| has relapsed into a condition of COM
plete stagnatiOn. Millcrs seem to be
| indifferent about selling. and are not
willing to make concessions. as most
! of them say that the wheat they have
| cost them more money than what the
same is worth now, and to secure de
sirable lots at present is almost i'm
possible. Only a small number of the
mills in this territory are in opera
| ton. as the balance Of them have no
wheat There will be very little doing
| from now on. as most Of the old ord
| ers have been filled and steamers
| leaving the past few weeks are carry
| ing only from 700 to 1000 tons of -four,
a large reduction from former ship
ments. There is some demand from
Japan and flour shipments to that
country from now on Will be larger
| than to China. Quotations range from
| 1915 to $425 per barrel