East Oregonian : E.O. (Pendleton, OR) 1888-current, 1908-10-22
MANY OFFERINGS
BUT FEW. SALES
LARGE HOLDINGS OF
BARLEY FOR SALE

|
and Portland-Eastern Buyers Con-
fldent Something Has Happened ia
Drop in Argentine Republicans
possible 10 Move Sheep In Portland
Though Arrivals Are Small.
of barley supplies because OF the larg-
er holdings, but thus far they have
not offered any concession In the
price. Every one is now loaded up
with barley, the recent purchases be-
ing very heavy These interests are
now trying to let go, but the buyers
who were figured upon as possible
purchasers are in a like fix. On the
board of trade today there was no
change in values from yesterday.
Wheat trade was flrmer today for
futures, but the cash market is rather
quiet, though prices are holding un-
Echanged On the board of trade to-
day an advance Of 1kc a bushel was
bid for November and nc for the De-
cember Asked prices for both OPP
tions are hc higher than yesterday.
Oats market started 2hc a GENITAL
lower for November, but later in the
session yesterdays price was again re-
newed. Holders showed no change in
their ciew, both options being quoted
at S1.55 asked.
During the session $31 a ton was
offered for 1000 tons No. feed oats.
but for January February delivery no
sellers appeared.
Secretary Muller has issued a call
for meeting Of the grain interests
of the board of trade for Friday, Oc-
tober 80, at p. m. The future of va
rious exchange methods will be dis
cussed The meeting is the most i'm
portant ever called.
Chicago Wheat Is Strong.
Chicago, Oct. 21.-Argentine news
was the feature which caused strength
in all worlds wheat markets today.
While the news regarding damage was
very conflicting, still the heaviest ope-
rators believed that something was
wrong with conditions down there.
Armour backed his judgment with
berry heavy purchases of wheat. Liv-
erpool was higher at both the OPEN
ing and close, as were the other for
eign markets.
This market opened unchanged at
3-Sc above yesterdays final figures
but with the Armour buying there
was an increase in strength and to-
days closing shows a net advance Of
SIS to 1c a bushel.
Inferior Hogs Arrive.
Portland Union Stockyards, Oct 21.
Simply because the trade was not
looking for heavy arrivals of hogs
shipments are showing a very liberal
| increase In the yards today. During
the "a hours a total of 106 head ar
rived compared with 257 yesterday
and 402 year ago today. The mar
ket is greatly influenced by the in
ferior quality Of late arrivals, and to-
day nothing sold above $625, al
though there was sale late yester-
day as high as $3.50. The trade is in
clined to the opinion that select quail
ity will bring the higher figure for
awhile, but with eastern prices again
depressed it is not known how long
local prices can remain in check.
Cannot Sell Sheep.
Even though sheep arrivals in the
yards have been OF late very small
there is scarcely demand for the
few coming. During the "a hours 200
head were reported in the yards, but
up to late hour today they had found
no buyers. The fact is that packers
are now getting their contract stuff
and their requirements are therefore
filled for the time being.
"Sheep are hard to move just now"
said Tom Benson to The Journal this
morning. Packers are buying their
supplies east of the mountains and
the few sheep now coming to the
yards are hard to move"
The cattle market is holding about
unchanged with rather light arrivals.
Select steers are moving at 81. but
'i'lH - NhN NNAINlht up.
THE hog market is very weak"
says Mr. Hunt of Hunt & Lacy "and
believe that the top is $625."
Today 90 horses were among the
yards arrivals.
year ago today hogs were weak,
cattle and sheep firm. No change in
values for the day
Following is the general range OF
values on stock ruling in the yards for
late shipments:
Hogs-Best east of mountains.
SO; blockers and China fats, $5.75:|
Stockers and feeders, IS.
Cattle-Select east of mountains.
steers, 81; medium steers, $3.50: or
dinary, 1925; best cows, $2.S5@S;
heifers, 1925; medium cows. $262.25;
stays. $2.50@3; bulls, 50.
Sheep-Best wethers. $3.50: ordi-
nary wethers, 1925; lambs, 81,
straight ewes, SO; mixed lots, $2.5O@
2.75.
Veal-Choice young calves, $3.50;
heavy and rough, $350@4.
A year ago today hogs were weak:
cattle and sheep firm; all values un-
,I,o