The Evening statesman. [volume] (Walla Walla, Wash.) 1903-1910, 1907-06-21

and string and wax beans to 1Oc, while
other produce prices are ruling at
about unchanged figures.
Wheat-The past week has been
very quiet in the adStuffS trade.
The market has been practically dor
mant partly due to the n-existence
of demands upon the prevailing basis
of values, and partly owing to the fact
that exporters and millers are reduc-
ing stocks and curtailing operations
because of the approach of the close
of the crop and fiscal year. Wheat is
now pretty well out of first hands.
There are no accumulations of conse-
Quence in the interior, and such of the
mills as have not already covered
their advance contracts are buying
small lots, as their demands require.
While there is really no fixed basis of
values, though the Chicago market
has eascd off from &c to SC. according
to position, within the week, the local
range is held practically unchanged
at SIC for bluestem and S5c for club,
the tendency being easy. though stocks
are strongly held against actual re-
Quirements.
There is much less of the sensation
al element prevailing in the grain
markets of the country at this time
than was the case few weeks ago.
/ Under more careful survey it is pre-
dicted that the apparent losses in pros
pect may be recovered in part, and a
far more hopeful view is taken of the
situation. Shows prediction of a yield
of winter and spring wheat of 6OO,OOO,-
600 bushels is certainly not indicative
of anything approaching a failure.
while, with a visible some 10000. 600
bushels in excess of a year ago we
VIII go into the new crop year with
stocks In fair condition. The situation
abroad will have considerable inf1u-
ence in fixing values, and, while the
european outlook is on the whole
rather unfavorable, it is hardly so I'M
pfopltlouS as to warrant expectations
OF famine prices. while giving certain
indications of profitable level of VAL
ues for producers of the Pacific north
west
There is but one tone to reports from
the grain producing sections of the
Inland Empire. Everywhere the out
look is as propitious as it could we'll
! be at this season of the year. Co
plouS rains just at the time when
lney could do the most good for wheat
nave served to still further increase
! estimates OF the probable harvest and
unless hot winds interfere with the
/ maturing of the crop, or early rains
ca oh a considerable portion of it be-
lore 1t can be secured. there will be
an enormous export surplus from Pill
get Sound and the Columbia river the
coming season.
fIour-There has been no change in
the situation, and very little business
Is passing at this time. though condi-
IONS are holding fairly satisfactory
fer the mllers, who are improving the
lcll IN new engagements for turning
out stock to cover the orders sold
aheau. Ih1S business is now getting
pretty well in hand, though engaging
tile attention of most manufacturers
until time for closing down for the an
nual overhauling and repairs. Prices
are comparatively nominal. Exporters
! are offering s3.5OGs $3.50, with the as
ISOLATION price maintained at about
the $50 mark.
! mere are practically no
changes in the situa- ion this wool Al
! IaHa SHOWS a further decline to Sl21
So while hay generally is weak. Oats
are unchanged. At present there is a
|ood supply available and the feeling
III the trade is rather weak. though
hoIders are making no concessions
ana IT is stated that stocks are prettv
Wen out of first hands Mill stuffs are
IN good supply, with demands at tha
ilShtest point of the season. thouob
values are maintained UNCHANGED