East Oregonian : E.O. (Pendleton, OR) 1888-current, 1909-01-22
Hogs and Sheep Alone Remain Firm
at Advanced Prices With no Indi-
cation of Immediate Decllne-Ilt-
tie Stor In Worlds Wheat Markets
While Portland Market Is at Stand
still

While something extra select In
steers may still possibly squeeze $5.25
out OF buyers, the general run of top
stuff will not bring over $5.10 and
S5.15 and most commission sellers
believe the former price to be the ex-
IRENE high market.
There was another heavy run Of
cattle in the yards during the past "a
hours-4S5 head putting in appear
ance compared with sos yesterday
and 765 on Monday The bulk OF
these offerings consisted of ordinary
quality and for that reason caused
more easiness in prices than would
have been the case were a somewhat
better showing made of top quality.
Packers are Buying at Decline.
While unwilling to pay the famine
top of the market today killers did
not neglect the market and their
purchases averaged quite well. How
ever, there was no disposition among
them to bid for supplies and unable
to sell at the former top commission
handlers took the next best course
and met the packers offerings halt
way.
There continues very firm tone
here for hogs although the run for
the past few days in the yards has
been quite fair-even better than
expected. Several loads Of top stuff
were sold today and 1925 is still OBJ
tainable in a limited way for select
! quality.
No sheep are coming forward to
the yards, there being no arrivals
here since Sunday night. The market
is therefore unusually firm with
prices nominally quoted.
The following is the general range
of values on stock ruling in the
yards for late shipment:
Hogs-Best east of mountains,
S7.OOG725; ordinary, S6.75; block
ers and feeders, $500.
Cattle-Best steers, weighing 1900
pounds. s5G5.1O; medium steers,
$45O@4.75; poor steers, 425G4.5O;
best cows, s4G415; medium cows
$500.
Sheep-Best wethers, s5.25 a $50; |
ordinary wethers IS; lambs. $500 |
575; straight ewes, s4.5O@A75;
mixed lots, $3.50.
Veal-Choice young calves, $500
coo; heavy rough, $4,5O@4.75.
Little stir In Worlds Markets.
Chicago. Jan. 2l.-There was little
stir in any of the worlds wheat mar
kets today. Foreign markets were
narrow and slightly depressed in val
Tie with little inclination among either
buyers or sellers to do business at the
present basis Liverpool opened and
closed at l-Sd under yesterday.
At home the wheat market walked
in a narrow path-there being but
little change in price at any time
during today's session May wheat
opened and closed at the same figure
or loss of l-Sc from yesterday. July
went lac lower to 81 7-Sc at the
opening. and closed that amount [
asked. A loss of lac was shown in :
the July opening at "a 7-Sc. 1t
closed with a further loss OF 1-Sc.
There was little news either from
home or foreign fields to affect the
market today. and both sides are
waiting definite advices before going
further into the market.
Mexico Wants Wheat.
Portland. Ore. Jan. 22.-Trade in
he local wheat market Is at COM
1lete standstill. Awed by hibh prices
o which millers have boosted values
acre, Mexico buyers have practically
given up the idea of securing wheat
lere. II is stated, however. that some :
# the recent purchases made in this
we're in reality to go to the southern
epubic.
As in the cash situation there is no
rading in futures on the Portland
,Gard of trade. The entire market
, stationary with the tone very form =
nd unchanged prices ruling
Potatoes Quite Strong. !, =,
There Is quite a strong tone in the
ncal potato situation. While outside
hpments recently have been nomi-
al owing to weather conditions con- -
lderable buying for the south con- >
inucs at cauntry points. with deal
RS freely offering 81 per hundred ~
,ounds for best shipping stock at Il
Urinary points. While It may be pos II
iblo that a reaction will set in after =
he liberal purchases already made
ere begin to move toward the south y
rn markets, and glut in supplies y
here Is possible for a while the trade '"
elevcs it is impossible. u
Those dealers who have a regular a.
radc for our onions in the south
very year and who have been doing p
ractically nothing in that line re- p'
emily. are now awaiting offers of el
upplies from growers. The dun &c
erlod has extended for so long a II
me that the dealers are not exactly W
ure where they stand. and therefore al
re inviting offers to sell from grow cl
rs so they can wake up. Locally the al
non market is firm. but dealers as
re offering a fraction less in a job W
ing way. Prices along the street sc
ave recently been too high, consld- as
ring the buying cost, and are now X
eing adjusted. Generally speaking