East Oregonian : E.O. (Pendleton, OR) 1888-current, 1908-11-19
NONE BUT THE
BEST WILL SELL
PRIME STEERS WORTH
Sf.25 PER HUNDRED.
Large Packers Buy on the Outside.
Thus Securing Supplies at Lower
Figurcs-IIOss Falls Upon Cattle,
mcn-Shecp Demand IL Better
Wheat Prices Are Nearing Top
Notch of Season.

Nolcll OF Season.
Portland Union Stockyards, Nov. 4
While best selected steers welghln
around 1850 pounds and very fat wi
still bring as high as s425 in the loc
yards, killers seem determined to hol
back any possible Improvement in tn
local stuff.
Steers which will not top quallt,
are not moving very fast in the yard
a: this time, although the arrivals ar
far from being liberal. The big pee
pie are not buying anything in tn
yards just now and this indicates tina
they still have plenty of their owr
One or two Of the larger packers hav
been buying cattle on the outside be
cause they were able in this way t
obtain supplies lower than they posi-
hly could In the yards.
Loss Falls Upon CattIcmcn.
II cattlemen would ship all thei
stock to the commission handlers a
the yards instead OF selling it dlrec
TO packers, the trade believes that
better price would be obtalnable
Commission handlers are In a position
10 know the market and are able t
Judge better Of the merits of the mar.
ket than someone who is located ir
the Interior and who cannot possibly
secure the Information that comes &c
those In daily contact with all tho
buyers.
with killers buying stock outside al
lower prices they are not seeking pur.
chases in the yards and for that rea-
son cattle that do not top quality are
somewhat neglected and when they
are purchased the price is not as sat
isfactory as could be expected
Demand Better in Sheep Market.
There is a better demand in the
market for sheep with no arrivals for
the past "a hours. Best wethers are
being quoted as high as 1915 and
dealers say that II something select in
Quality arrives a slightly better price
would be obtainable. While the sheep
market is quite good in general there
"a weakness in the demand for lambs
because OF the general poor quality.
Hogs are firm with no change in
prices for the day
Portland Market Firmcr.
Portland. Nov. 1S.-There was Il
firmer tone in the local grain market
today following the recent advance I'm
Chicago and the Improvement today
In Liverpool. the latter. though slight.
having a good effect on the Port
land board Of trade there was n no.
ticeable improvement in the bids for
wheat and prices on futures are
higher. For December 2Ac was bid
and for November 81 5-Sc. This Is an
advance OF l-sc to nc over the bids
of yesterday The asked price on
November gained &c. indicating that
holders are unwilling to part with
their supplies unless they are able to
obtain improved values. An advance
20. &c a bushel was asked for Decem-
ber.
The cash wheat situation is quiet
though firm with exporters taking on
small supplies around soc track Port
land for club.
There was no change in the price
OF either oats or barley futures today
on the board OF trade although San
Francisco was n fraction higher than
yesterday for the latter. Today 800
tens OF spot barley were sold on the
exchange at $26.50 ton track.
May Wheat Selling.
Chicago. Nov. 1S.-There was more
o" less selling of May wheat around
$I09G1OS rs in the pit today on
the report of general rains in the Ar
gentina, which, however. have not
been fully confirmed
Foreign markets were mixed, with
Liverpool higher, as was Antwerp,
while Paris was sharply lower. At
Liverpool the market opened at an
advance of X to 5-sd. but closed not
so firm at net advance Of 1-Sd in
late deliveries and unchanged for near
options Paris was weak. and closed
So centlmes lover. Antwerp closed
with a net gain of 1-Sc over yester-
days figures.
There was better cash situation
with an advance of 1c at Minneapolis,
but even with this the general trade
was bearish here at the start today.
The best showing for the season was
ii the July delivery, which closed Nc
under yesterday, while a loss of 5-Sc
was noted in both the December and
May
Argentina Wheat Harvest.
Liverpool, Nov lS,-Broomhall has
the following cable from Argentina:
"The harvesting Of wheat has COM
menced In the province of Santa Fe