East Oregonian : E.O. (Pendleton, OR) 1888-current, 1909-03-18

| Contracts Stlil Being Maue lOr
Bluestem Wheat.
Portland, March 1.-THE first new
wool Of the season to enter the local
market has been purchased by Kahn
Bros. Of this city, who took on 125
fleeces around 17hc for. the better
grade. The wool came from a valley
point and was shorn from mutton
sheep. Considering the quality, this
Is very good price for the product.
The sale indicates that the position Of
| the wool market Is very favorable to
producers, and that zoe would be OBJ
talnable for extra select merino. A
feature of special note In the wool
market at this time is the mixed con-
ditlon of the trade. While there Is
not the slightest showing Of weakness
in any grade, the demand for the fin
er quality is so much mare pronounc-
ed than for the coarser stuff that the
dlfferential between the various
grades and in favor of the best quail
ity is much greater than usual. Ac-
cording to manufacturers they still
retain quite fair holdings Of coarse
woods, but there is an extreme scarcity
of the fine long stuff.
At the Union Stock Yards.
Spring lambs are expected to ar
rive in the local market within a
short time and in consequence there
is much controversy among the va
rlous interests as to what prices will
rule. A year ago spring lambs start
ed the season here around SC but this
figure or slightly is expected to mark
the start of this years market. Some
thing extra select would, in a few in
stances, likely sell as high as 1Oc|
pound but the trade in general
scarcely expects anything over and
&c.
Indications at this time strongly
point to a very liberal demand for
this springs arrivals in the lamb
market even though larger output
than a year ago is expected. Latest
reports received from Willamette val
ley points indicate that the movement
will start in this direction within the
next week or 10 days although the big
run is not expected until later.
However, with the probable high
prices that will be in effect upon the
Portland market at the seasons start
sheepmen will make every effort toI
get to market as soon as possible
Cattle Market Holds Firm.
Cattle market is showing a firmer
tone locally because of the very scant
offerings during recent days There
has scarcely been any arrivals in the
yards since Monday; none appearing
in the cattle pens today and only a
handful yesterday. Sales of steers
are firm at former ranges, s5.25 be-
ing the top for selects.
Hog market is holding quite firm
around s7.25 for best local quality
with arrivals fair during the past "a
hours.
Sheep market is generally steady
with quite a liberal run for the day.
In all $50 head appeared today, COM
pairing with a nominal number yes
terday and none for the period since
last Thursday.
More Wheat Contracts.
Several additional contracts for the
coming cyop of bluestem wheat were
reported today by interior millers at
81 a bushel for July delivery The
fact that these contracts are made
for July has helped the spot market
but so little of this va
riety is being offered for sale that
the market continues on a normal ba-
sis.
Bluestem wheat at 81 a bushel is
not considered a very high price by
the local trade in view Of the fact that
some Of the interior millers have prac-
tically no supply OF this grade now ,,
on hand, and therefore II they can
secure delivery in July they will be
buying the wheat at a moderate price
after all. Whether the market will
remain at this figure after the first
deliveries are made, depends upon
he crop, but thetrade in general is
lot disposed to contract at the value
loted
Wool and Hides.
909-Willamet valley, II
D17h, 1909 contracts, eastern Ore
ION, 16@ zoe lb.
Tallow-Prime, per lb., 394c; No
and grease, 2@2Ac.
Sheepsh!nks - Shearing, 10@15c
ach; short wool, 2594Oc; medium
'ool, 5O@$1 each; long wool, $50 .
1.25 each. q !.
Hides-Dry hides, 14@16c lb.; y
reen, to 10c lb.; bulls, green salt, =
c per lb.; kips, &c; calves, green, IA II
. 16c per lb. ,
Grain and Flour.
Barley-Feed, $26.50@27; rolled, y
2S; brewing, $27@275O. u
Wheat-Buying price, new-Track, I"
'ortland-Club, $1OS; buestem, e
fortyfold, $11O; red Rus v
ian, $1.O5; Turkey red, $1,15; Will S'
lmette Nalley, Sl'Vo.
Misunderstanding price-Bran,
26.5O; middlings. S3S; shorts, 500;
hop, S239S1; alfalfa meal, $50 per
m. e.
Flour-Seling price-Eastern Ore g,
on patentp, $5.65; straight, $465; Q,
iport, $40; bakers, $5.4Os5.65; val tt
". $50; graham, rs, $50; whole h
heat. $40; rye, 5s, $3.50; bales, b,
B. nj
Oats-Producers' prlce-Track, No.
white s3s.bO637bO. gran. S36637 se