East Oregonian : E.O. (Pendleton, OR) 1888-current, 1909-01-23
BLUESTEM GOES
ABOVE DOLLAR
REPORT OF PHENOMENAL
SALE IN PORTLAND
Portland Market for Mlllfeeds Is
Flrmer Than Evcr-POtatoes Take
Another Advance, Going TO S1.25-
Many Tubcrs Caught and Damaged
by the Recent Frosts-Cattle are
Weaker.

Portland, Ore, Jan. 22.-It Is stat
ed that one lot Of bluestem wheat
has been sold during the past "a
hours to a local miller at $1.06 a
bushel, the highest price obtainable
for about decade.
While but nominal trade is report
ed in the wheat market here just now
1t Is through no fault OF the buyers
that this is the case. The latter are
now very freely offering $1.05@ LOS
bushel for bluestem grade, but the
few remaining unsold lots are held
In such a position that they cannot be
released, even at such record values.
The differential between bluestem
and other grades of wheat Is the
greatest ever shown here, but the
fact that supplies Of the former are
practically exhausted will likely cause
revival OF demand for other grades
In the near future.
Local market for millfeeds Is firm
er than ever, with a fair increasing of
business offered during the past 4S
hours. But little feed is moving to-
ward the south at this time because
Of the better demand and price OBJ
tainable at home.
Potato Market Is Higher.
Potatoes are showing an advance
at primary shipping points owing TO
the better demand. 1t Is now gener-
ally agreed between the buyers that
from 40 to so per cent of the holdings
of this state were caught by the re-
cent freeze; therefore only about half
crop will be available for consump-
ton. Dealers are therefore today
freely offering from $1.15 to $125 per
hundred pounds at country shipping
points for potatoes free from frost
The fact that a large amount of the
potatoes held along San Joaquin and
Sacramento river points in Califor-
MIA has been destroyed by the unusu-
ally high floods; the trade in San
Francisco is therefore feeling quite
bullish and prices are advancing
there. orders are coming from CAL
ifornia in quite fair numbers and
most Of them tell the representatives
here to buy no higher than s1.25 per
hundred pounds at this time.
Best Sections Show Damage.
According to ]. H. Grande who has
Just returned from a buying trip
through Eastern Multnomah county,
fully so per cent of the potatoes in
that best district OF oregon have been
caught by the frosts and are there
fore unfit for market.
Livestock Weaker.
Portland Union Stockyards Jan.
22.-That cattlemen should keep
their supplies away from market for
a while is the general opinion of COM
mission sellers who have viewed the
situation carefully today.
Continuance of the heavy run Of
supplies to market has caused killers
to take every advantage of the stu
alton. and the result is that this NOR
ming prices were practically 20 10 40c
under those which have been OBJ
tainable during the past few days.
While some sales of cattle are report
ed in this column above these figures,
the transactions were made some time
yesterday and were not obtainable In
time to print in Thursdays report
Top steers would not bring over s5
today, and 1t is unlikely that more
than Si75 would be obtainable for
the general run of what is classed
top" This is a cut OF 25 to 40c
from previous figures.