East Oregonian : E.O. (Pendleton, OR) 1888-current, 1909-04-08
PORTLAND EXPORT
FLOUR ADVANCES
SMALL SALES OF WHEAT
ON BASIS OF $1.3O
Local Flour Prices Remain the Sam.
Though Some Predict Rise
Chicago Wheat Market Is the Most
Interesting In GeneratlOn-Live-
stock Market Shows No Change
Probable Sheep Will Drop.

PrODable Sneep VIII Drop
Portland, April 1.-THE local wheat
market is very firm as a result of
the heavy advances In the east and
in foreign markets. Several sales of
small lots of bluestem are reported at
interior Oregon Washington points on
the basis of $13O a bushel tidewater
relvery. Several sales of small lots
have been reported locally during the
same period at $1.25.
Mlllers now seem more willing to
buy wheat at these prices than FOR
some time, because of the eastern
and foreign advances. Formerly they
feared that the high prices here would
influence heavy shipments of flour
from the middle west, but prices
there are now higher than here ana
therefore this checks the expected
movement.
The flour market IS unusually firm
and export values here have been ad-
vanced 2Oc a barrel in consequence.
While there Is no change in local
flour prices the market is exceeding
ly firm and some interests are still
predicting a rise
Chicago Wheat Market.
Chicago, April 7.-Today's session
OF the wheat market here and at
Liverpool proved the most exciting
for a generation, and prices eclipsed
those shown for many years.
The market closed with May wheat
rs higher than Monday, July 3-S
september 2la and December 2 1-Sc
a bushcl above the closing prices Of
the previous sessions.
While today's government report
showed a big condition cmfwypett |
showed a big government crop con-
dition that has been lower but once !
within 10 years-that being I'm 1905
yesterdays advices from Argentina !
and other wheat growing centers
started the shorts to cover, and to-
days report proved but the finish
ing touch to the career of the bears.
Portland Livestock.
Just three head Of cattle strayed |
into the yards today, otherwise there
would have been no arrivals in that
line for the period ranging from
Monday. The cattle market contin-
ues very slow with practically no call
even though a nominal run is now
shown There has been notop stuff
In evidence for some time the arrv-
ais consisting principally of poor and
medium quality.
Sheep May Drop.
There was quite fair run of sheep
in the yards during the past "a hours,
atotal Of $50 head being received. OF
this number 1S6 head were lambs.
The supply OF lambs Is increasing and
It Is quite likely that the top has al
ready been reached for the spring
stuff and that prices VIII react East
er buying Is practically over and for
that reason It Is believed that buyers
will not be so eager TO pay premium
in this line.
Market Summary.
Hogs-Best east of mountains, 7.25
dI5O; ordinary, 81; bockers and
feeders, s5.75.
Cattle-Best steers, Weighing 1900
pounds, $3.50 $50; medium steers,
$5.25@5.5O; poor steers s4.75@5;
best cows, $3.50; medium cows. $4.25
GA7O mixed lots, IS; sheared sheep,
75c@s1 less.
Wool and Hides.
ol-1g09-Wflamette valley, is
a 19c; eastern Oregon. 1S@19c.
Tallow-Prime. per ID, ga 4c; No.
2 and grease, 2@2hc.
Sheepskins Shearing, 10@15c
each; short wool, Csc a 4Oc; medium
wool. 5Oc@s1 each; long wool, 75c@
s1.15 each.
Hides-Dry Hides, 14@16c lb;
green. S@ 1Oc ID; bulls. green, &c per
lb; klps, &c; calves green, 14@16 per
lb.
-19O9-Nominal, 23c.
Barley-Feed, ssO.50931; rolled,
s33@34; brewing, s31.
wheat-Buying price, new-Track,
Portland-Club, s1.10; bluestem,
1875; red Russian, s1.0S; Turkey red,
$1.15: Willamette valley. s1.10.
Misunderstanding price - Bran,
$3.50; middlngs, s33; shorts, $50;
chop, s23@31; alfalfa meal, $40 per
ton.
Flour-Sellng price-Eastern Ore
gon patent; s5.65; straight. s4.65; ex-
port. $3.50; bakers, s5.4o65.65; val
ley, $50; graham, Us, $50; whole
wheat, $40; rye, 5s, $3.50; bales. SO.
Oats-Producers price-Track. No.
l white $3.50; crap. $39-
Potatoes.
Potatoes - Selling, $1.50@1.7b;