The Evening statesman. [volume] (Walla Walla, Wash.) 1903-1910, 1907-11-02
LOCAL MARKET
QUIET TODAY
LITTLE DOING AMONG THE MER-
CHANTS ANO SHIPPERS
THIS WEEK.

Apples show a libel al local supply
but the market is maintaining strong
position for the season. owing to the
fact that the bulk of the crop on the
o her side Of the Cascades is being
shipped east at sood prices while the
canneries have also relieved he situa
ton to considerable extent by alb
sorbing a larger percentage of the
windfalls. The range of prices con-
tinues as heretofore at $1.0O for COM
fancy stand fruit.
Naval oranges are expected on the
market within he next 10 days, though
California advices indicate that the
supply of ripe fruit will not be plerti-
ful for month yet.
Bananas are moving rather slowly,
and the market is well supplied with
prices unchanged
The potato market is easy There
is not large demand in a jobbing
way, and plenty of stock is to be had at
current prices, with the tendency of
values rather low. because of the gem
orally satisfactory crop in this sec
tier.
There has been considerable talk of
the absorption of stocks of Oregon
onions ana some speculative operations,
but at present the local market is
steady, and fairly supplied for imme-
date requirements at old prices
Cabbages are arriving more freely,
and the situation is easier. with de-
cline to 81 in quotations.
Wheat is Quiet.
There has been a further quieting
down from the period of greatest ac-
tivity in wheat. and during the past
week operations have been upon a
comparatively limited scale. The con-
iitions are not now favorable to spec
ulative purchases, and, while the de-
rope. shippers are proceeding with
greater conservatism than heretofore.
pending the provision of facilities for
getting stocks purchased afloat. One
of the mos, pronounced handicaps just
at present is the car situation. There
is incre casing difficulty in securing roll
ing S, Ock for getting wheat from the
interior to tidewater, and at some
points the congestion. is becoming a
serious factor. While the volume of
normal the extent of the crop, ranging
from 100000 to 100000 bushels
iarger this year than last, creates a
heavier demand than usual, the rail-
roads show Il growing inadequacy of
ears for meeting the exigencies. No
serious embarrassment has as yet been
occasiOned exporters. because ware
houses are we'll filled at terminal
points. and tonnage is being readily !
called for upon arrival, but if relief is !
not afforded later d repetition of las i
years conditions may eventuate.
The position of the market is COM
steady, and shows very lit |
tie effects of the uDheaVal al eastern
centers. There was a decline of an
other cent last week, which placed
club wheat at nc and blustem at 7Sc,
but since that time the position has
been very steady, and there are no cur
rent evidences of further reaction
holders, due to the persistence
of demands from abroad and the ap-
parent inclina ton on the part of i'm
porting countries to accumulate stocks
against a possible shortage in the flu
ture, should uEfavOrable developments
in the southern hemisphere still fur
Their cOmplicate affairs by accentuat-
ing the falling off in production where
harvests have already been gathered.
In the northwest farmers are inclined
to hold portion of their crop. AMI
the condition is a fairly general one
though prices are at present attractive,
ard there is an element of chance in
awaiting the elimination of the strong
buying movement that has been in
progress for several weeks.
Oats and Barley.
Oats are still firm, and the under
current is a strong one. even at pres
en-: high rulings, owing to the strength
of the general market, and the new
eastern transcontinental rate, which
is expected to result in considerable
shipments to Mississippi valley points.
Barley is likewise very firmly held
for the same reason, but the market
has been a little better supplied dur
ing the week. Mill stuffs are hold
ing very strong, with a good demand
and light stocks offering by manufac-
tuners