East Oregonian : E.O. (Pendleton, OR) 1888-current, 1908-12-09

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A year ago today cattle and hogs
were firm but sheep were slow at un-
changed values
Good Demand for Sheep.
There is a very good demand for
sheep" says Tom S. Benson of Ben
son G. Gould today. "There are few
arrivals and the call is therefore quite
pronounced. Any sort of fat sheer
will bring 81 in the yards at this
time. Cattle are very firm at yester-
days advance Hogs are firm tc
steady"
"Christmas cattle will bring as high
as $3.50 for top steers" says Lee NJ
Lacey Of Hunt e. Lacey. "The market
is in fine shape for all grades. Sheer
are firm, with few coming, Hogs are
unchanged"
"There is a firm tone in all lines OF
livestock at this time" says j. B. Lon
ergan, "and very good prices are rul-
ing. Sheep will bring more money
Following is the general range OF
values on stock ruling in the yards
for late shipments:
Hogs-Best east OF mountains. Sc a
6.25; ordinary, $5.5O@5.75: blockers
and China fats. $5@5.5O; stockers and
feeders, s4.7565.
Cattle-Best steers, weighing 1900
pounds, s4.25@4.5O; medium steers.
$464.25; poor steers. 1925; best
cows, $3.25; medium cows, $2.50@
2.S5; stays, $2.75@S; bulls $2a2,25.
Sheep-Best wethers s4.506475;
ordinary wethers. s425@45O; lambs,
$4.50@ AIS; straight ewes, $3.50;
mixed lots, 81.
Veal-Choice young calves. s4@
$50; heavy and rough, $3.5063.75.
Oats Are Improving.
Portland. Ore, Dec. S.-There is a
slight improvement in the tone of the
local oats market. While the demand
is not extensive there are few offer
rings of supplies and this is holding
the price quite steady. On the board
of trade today there was quite fair
bidding for oats, but none were offer
ed at figures that met the approval
Of buyers and no sales were shown.
While wheat is being held very firm
by producers there is little buying re-
ported. The recent chartering of a
steamer to take out a load of grain
has caused further stiffenng of the
views of holders.
There is nothing doing in an export
way in the local flour market and val
ues are unchanged.
Report Hurts Liverpool.
Liverpool Dec. S.-Broomhall says:
Liverpool was easy under selling
pressure as n result of increased Of
ferings. still weak by the break in
American markets yesterday and the
bearish American government re-
port
Bcarish Cast.
Chicago, Dec. S.-The wheat situa-
tlon in general has a decided bearish
cast but short covering in the May
option forced that delivery to a
stronger position with the closing 1-Sc
higher than yesterday. while Decem-
ber closed 5-Sc lower aud July 1-Sc
down.
The market opened under pressure
although the May was the only one to
show n loss. It started the day with
a decline of s1-4c at 10S " Foreign
brought further selling pres
sure for the December and July, but
the covering of shorts brought May
to last nights figures from which it
made a fractional advance toward the
closing.
Liverpool opened with wheat 1-2d
to 3-4d under yesterday and the clos
ing there shows a net loss of 1-2d to
5-Sd.
American total grain visible supply |
shows: Wheat 51,215.000 bushels
corn. 4.539. 900 bushels; oats, 800, 900
bushels.
News from Argentine was rather
mixed but the general trend of the
opinions was the weather conditions
were not favorable to the harvest now