East Oregonian : E.O. (Pendleton, OR) 1888-current, 1908-12-31
WHEAT PRICES
co STILL HIGHER
PORTLAND, LIVERPOOL AND
CHICAGO MARKETS BETTER
Firm Tone In Northwest Grain Sltua-
ton Though Barley Is a Fraction
Uower-Wheat Futures Command
the Advanced Price Livestock
Market Is Nominal With Not An
Arrival in "a Hours.

There was very firm tone In tn,
local grain situation this morning. Al
lines were alike affected by the bet
ter bidding but this resulted in no ac
tual business. Growers are not dis
posed to talk trade just now and nj
matter what advance the buyers bic
there is no grain offering This IL
especially true of bluestem wheat
supplies of which are usually scarce
With practically every one quite will
Ing to pay 81 bushel tidewater fol
bluestem those who still retain sup.
plies are not willing to let go even al
this record figure for recent years.
on the Portland board of trade to-
day there was firmer tone for fu-
lures and prices show an advance over
yesterdays figures. For the January
delivery an advance was added to the
list today and the price is 15c higher
than the January.
Coarse grains continue very firm,
but unusually quiet considering the ex-
tent Of the demand from the south
Prices at San Francisco were held
very firm during the day and yester-
days quotations were continued on
the Portland board of trade, however,
slight weakness was shown in fu-
lures and prices are fraction lower.
oats market is firm and unchanged
for both cash and future delivery.
There was an improvement in the
foreign wheat situation today and
prices abroad closed at an advance
over yesterday At Liverpool the mar
ket opened 3-Sd higher and the clos
ing was Il to I'd above yesterdays
last prices.
To a considerable amount of short
covering is due today's advance in the
Chicago market. Opening unchanged
TO a fraction lower, the initial weak
ness being in the May. which closed
firmest with the best advance for the
day; the market began to show signs
Of recovery. The Improvement abroad
was not felt instantly here, but when
II was, the change in sentiment could
be seen instantly. Todays market
closed u to 3-4c above yesterday.
Bradstreets report of the worlds
visible supply in bushels:
Wheat-East of Rockies, increased
l,00S,00O bushels; Europe and afloat
decreased 100000 bushels; total
worlds supply increased $4,000 BUSH
els.
Corn-Increased 1,9S5,0OO bushels.
Oats-Increased $4,000 bushels.
Cash wheat-No. red 1O5 $50
l07: No 3 red, 1O4 y @106; No. 2
hard, 1O4 5-SG1O6; No. 8. hard. 1O1
g1O5; No l Northern. 1O9 5-S@110
SIS; No Northern, 1O6@1OS; No.
3 spring, 1O2Q1O7.
Livestock Failed to Arrive.
Portland Union Stockyards, Dec. 80
There were no arrivals at all in the
yards during the past "a hours, and in
consequence no sales are reported. A
carload of COWS, the total arrivals Of
have not been sold as yet,
and taken as a whole the entire live
stock market is nominal.
The trade is awaiting the new year,
when there is every promise of a very
good market for all grades and prob
ably higher prices.
The following is the general range
of values on stock running in the yards
for late shipments.
Hogs-Best east of mountains. SEQ
6.10; ordinary. Sc; blockers and CHI
ma fats, $3.50; stockers and feeders,
S.
Cattle-Best steers, Weighing 1900
pounds. $450@4.75; medium steers,
4'25; poor steers, $3.50; best cows,
$3.50; medium cows. $2.75@2.25.
Sheep-Best wethers, $4.75@5; or
dnary wethers, $3.50; lambs, $4.75@|
S5; straight ewes, $4.25@4.5O; mixed
lots, 81.
Veal@Choice, young calves s4.25@
AS; heavy rough, $3.75@4.
Hogs Drop in East.
Chicago, Dec. SO.-Hogs, 5000; cat
tie, $4,000; sheep, 10000. Hogs are
to 1Oc lower. Cattle steady to
strong: sheep steady.
Kansas City, Mo-, Dec, SO.-Hogs,
$1,000; cattle, 5000; sheep, 5000.
Omaha, Neb., Dec. 3O.-Hogs, H.
300; cattle, $500; sheep, 1000.