East Oregonian : E.O. (Pendleton, OR) 1888-current, 1908-10-29

shown abroad later.
For November option today the
bids we're Nc lower a like sum being
taken off the bid for the December
Asked prices are down Nc a bushel
In both options.
The piling up of large supplies Of
coarse grains in local warehouses Is
having a weakening effect upon quo
tations. In the trading on the board
of trade today the bids for November
oats are 2hc per GENITAL lower, al
though December bids were unchang-
ed. Instead OF weakening the holders
the market on their side is firmer
even than with no December offerings
under $1.57h Y.
Barley futures were weaker on the
board today. bids for November being
down | &c GENITAL and asked prices a
similar sum. For the December de-
livery barley shows 21kc loss in both
bid and ask values Today 500 tons
of December were offered at $26.5o.
Lower in Chicago.
AnltdEU. OtL. ~ w Al'hA HAhA N'h
downward this morning owing to the
reaction abroad. While the pressure
to sell was not great. some of the
longs began to take profits and Of
course buyers were anxious to secure
supplies as low as possible.
News from Argentina is very badly
mixed, but all late cables tell of con-
siderable damage by the recent frost.
| Logan & Bryan's agent in Argentina
cabled that 100000 acres Of wheat
had been seriously damaged. A year
ago the Argentina wheat field COM
prised 14,222.OOO acres, with a total
yield Of 2OI,5O2,OOO bushels.
Liverpool opened 1-Sd lower than
yesterday, but closed at unchanged
| figures. Paris closed with a loss of
: to 10 centimes, while Berlin was
rs higher.
A cable from Servia says that it is
quite likely that an order prohibiting
the expectation of corn and oats will
be issued.
A special Russian cable says an
the southwest weather conditions have
been favorable for the growing crop
Stocks of wheat at the ports are still
Increasing owing to the poor deliv-
cries. In the southwest the recent
storms have checked the loading OF
wheat"
Steers Are Better.
q O
Packers are still filled up with
steers and are therefore not very anx-
lous buyers at this time However. a
sale has been made Of select lot at
$40. which is fully 35c above for
mer values. However, as tais is about
the only lot of fancy steers that has
arrived lately. the change in values is
really nominal.
While their pens are full of steers,
packers are still willing to take on a
few lots of selected stock as we'll as
good cows and heifers. For the bet
ter grade of cows they are paying as
high rs $3.50. Cattle arrivals for the
day were small.
sheep market is holding about as
previously quoted.
Hogs are steady with values for the
best stock holding rather well around
$6.25.
What the Sellers say.
Lee NJ Lacy of Hunt & Lacy says:
THE top of the local market for
prime hogs stands quite firm today at
$6.25, and I believe that the market
win remain around that figure for
awhile. Cattle are dull for steers
with large supplies held by packers.
sheep are steady with no change in
prices"
w p. Gould of Benson & Gould.
says; "The hog market is standing
quite well at Yesterdays advance.
While steers are dull the cattle mar
ket in general is quite steady without
change in values. There Is little do
ing in sheep although prices are hold
ing firm"
A year ago today hogs were weak.
cattle and sheep firm; no change in
prices.
Today's livestock arrivals in the
yards compare with this date in re-
cent years as follows:
Hogs. Cattle. Sheep.
1907 ......... 270 40 81
1906 ....... .. . SO SOC
1905 ....... 346 90 147
Following is the general range of
values on stock ruling in the yards
for late shipments:
Hogs-Best east of mountains,
1925; ordinary, Sc; blockers and
China fats $5@5.5O; stockers and
feeders, $4.75 5@5.
Cattle-Select east of mountains.
steers, 1915; medium steers $3.50
$50; ordinary. $3.25 best cows, $3@
$50; heifers, $3.50; medium cows, 50
m2.25; stays, $2.5OG3; bulls. $1.75@
2.
Sheep-Best wethers. $3.50; ordina-
ry wethers, s3.25: lambs, 81; straight
ewes, SO; mixed lots, $2.50@2.75.
Veal-Choice young calves. $3.50;
heavy and rough. s3.5OG4.