East Oregonian : E.O. (Pendleton, OR) 1888-current, 1908-12-03
Lacey Talks OF Cattle Rise.

/ lhtfA Oi
"The advance Of 10c to 15c on cat
tie today was expected" says Lee NJ
| Lacey, Of Hunt &Lacey "The mar
ket has been in good condition for
cattle for about week. but the ar
rivals have been so small the true
market could scarcely be tested Best
steers are moving off well today as
high as $40. and the market is very
firm at that figure. For cows as high
as $3.10 was obtainable during the
past 90 hours. The tone in that line
is good, too. Sheep are firm and |
believe that better prices will be OBJ
tainable for supplies of good quail
ity. Hogs are dull and unchanged at
So for the best now coming"
"The cattle market is firmer," says
J. b. Lonergan. land today's sales
we're made at an advanced price. Hogs
are unchanged at Sc, but the quality
Is not the best. Best grade would
likely bring more. Sheep are firm
with practically no arrivals"
Following is the general range Of
values on stock ruling in the yards for
late shipments:
Hogs-Best east OF mountains. Sc;
ordinary $5.5OG5.75; blockers and
China fats, $5q5.5O; stockers and
feeders. S4.S5G5.
Cattle-Best steers, weighing 1900
pounds. $4G4.25; medium steers,
S4041O; poor steers, $3.50; best
cows $3dS.1O; medium cows, $2.75
G2S5; stays, $2.75GS; bulls, $1.75@
2.
Sheep-Best wethers, s4.25@450;
ordinary wethers, $4.25; lambs, sac
425; straight ewes, sS.25@3.5O; mix
ed lots. $3G3.75
Neal-Choice young calves. $4@
45O heavy and rough, $S,5OG3.75,
Barley Drops Notch.
Portland, Dec. 2.-There was al
slight increase of easiness in the local
barley situation. While no changes are
noted in the price of either futures or
cash at san Francisco, the market is
In excellent shape there, with prices
easily maintained at former levels.
Locally there was no change in |
barley prices today, futures being
quoted on the Portland board of trade
ut the same figures that ruled yes
terday. However, there was a dispo-
sition among some of the southern
buyers to shade their quotations a
bit. and sale Of 200 tons of barley
for January-February delivery was
made at s26,75.
The market for oats futures was
Just about able to hold its own today
with bids and asked values at yes-
.erday's figures. An actual sale of
300 tons for February delivery was
made at $31.75, which is just about
he ruling figures.
There was no change in wheat on
he board today, and the cash situation
while firm, is rather dull. with val
les unchanged While millers are
still anxious to secure supplies Of
none are being offered un-
Ter 81 a bushel, and even at this
price 1t Is doubtful If any great guam
ity could be obtained.
Several sales Of export flour are
by local people to go for
ward from the north.
Welcome Argentine Rains.
Chicago Dec. 2-It was a dull day
n the wheat pit owing to the contra
lctory news coming from various Sec
ions Snow came out with very
ullish report showing a loss of acre ;
ge Of winter wheat as compared with
year ago. Foreign news was of a
ecded bearish character, rains in
Irgentna and Russia breaking the
rought.
Foreign markets were undecided,
liverpool showing an opening un-
hanged to 1-Sd higher and a closing
nchanged to 3Sd lower.
While wheat futures were rather
liked here, the cash situation at both
uluth and Minneapolis was quite ac- :
vp Az nuluth Tho n,ilIors ,,,oro I,,l -