East Oregonian : E.O. (Pendleton, OR) 1888-current, 1909-02-03

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local livestock market for cattle that
are half fat or not fat at all. While
there remains the best sort of de-
mand for top stuff and for these the
price still remains very firm at $5.25
the call for thin cattle is limited and
even then buyers are naming their
own price Considering the state of
the demand for best stuff the weak
ness in off quality cattle is very
marked and was more noticeable to-
day than for some weeks past.
Ordinary cows would not sell over
$3.50 today in the yards for any great
number, although a fraction more
was obtained for a small lot. Best
COWS are firm at 81. For Al steers
the price is stationary during the day,
but ordinary steers or those which
did not come up to the scratch were
showing a loss Of about 25c in price.
No top steers arrived, but there is no
doubt Of the standing in that fine.
Hogs and Sheep Are Firm.
While there was quite a fair run
OF hogs in the yards during the past
"a hours the market in the yards was
firm all day and for top stuff prices
held unchanged at 81. There was a
showing of weakness In the east. and
the price there is again 10c lower,
but the loss was not of sufficient con-
sequence to cause any notice here.
1t was another day without sheep
I n Vptt L. In ha p1g 10
rival Of only 81 head over Sunday
ana nine on Saturday. with a nomin-
al supply during the rest of the week
the sheep market stands in a position
where It is hard to say exactly what
is going to happen.
There is little doubt that sheep
owners are holding back their sup
plies in anticipation OF higher prices
to come later in the season and with
this view most of the dealers today
agreed.
The following Is the general range
Of values on stock arriving in the
yards for late shipment:
Hogs-Best east of mountains.
$500; ordinary, 1915; blockers and
feders, $500.
Cattle-Best steers, Weighing 1900
pounds. s5.25; merium steers, $4.75;
poor steers, $3.50; best COWS, $500;
medium cows, $3.50G3.75.
Sheep-Best wethers. s5.25d5.50;
ordinary wethers, s5.OOd5.25; lambs,
s5.75G6.OO; straight ewes, S45O9 |
500: mixed lots. $3.50.
Veal-Choice young calves, $3.50; |
heavy, rough, s4.5O@4.75.
Flour VIII Go Up.
Portland, Ore, Feb. $50 far as
rumors are concerned there Is plenty
OF business in the wheat market, but
none of II can be confirmed by the
buyers, The market IS nom-
inal and scarcely shows where the
price stands. At this time the mar
ket is in such position that whenever
a buyer finds a producer with wheat
to sell he is liable to pay either &c
above or below the former reported
prices. There is no such thing as
market for bluestem at this time,
being entirely confined
10 rumors.
There is every prospect of another
sharp advance in the price of flour
everywhere along the coast owing to ,
he enormous figures recently paid
for wheat. With practically no ex-
port demand to speak of, millers are
therefore paying larger cost per bar
rel for making their flour than when
'ull time is run. This with the in
creased cost of the wheat is causing
he advanced flour talk.
For other grades of wheat except
there is fairly active tone,
With what has recently been paid for
he former grade.
Opens Low In Chicago.
Chicago, Feb. 2.-There was low I
n opening to the wheat market here '
oday. although the influence from I
Ibroad was of the most bullish char |
Icter Liverpool opened 3-Sd to t
I'D above yesterday and closed +
With a net rise of 1-2d to 5-Sd. v
After the opening this market t
lrifted into a period of heavy short I
elling, with no defense at all offered a
" the bull side. There was no ex- t
tement during the session, the loss v
Il 1c a bushel in the May being /.
orced without any trouble. July +
losed lac under yesterday and Sep h
ember had a closing loss of 1-2c. p
Minneapolis stocks of wheat show c
decrease of 5000 bushels for three n
lays. a
Primary reports in bushels:
Today. Year Ago n