East Oregonian : E.O. (Pendleton, OR) 1888-current, 1909-01-27
BEEF PRICES
KEEP TUMBL|NG
HEAVY ARRIVALS CONTINUE
TO SEND PRICES LOWER
Dealers Have Hopes of Bright Fu-
ture With Prospect Of Let Up I'm
the Recelpts-Everyone Is Over
loaded at Present-Coarse Grain
Market Is Strong, Oats Especially
So

Portland Union Stockyards, Jan.
Eth eextreme top for even select
steers today in the Portland yards
was IS and only for one lone lot was
the figure obtainable. Some very
good stuff which would ordinarily be
called top was sold from Is to zoe
under that amount as will be noted
by the itemized sales in this report.
There are hopeful signs in the
market even at this period. Receipts
show signs Of letting up for awhile
and If this Is continued for a short
time It will enable killers to get rid
Of some of their accumulating sur
plus and allow them to again send
their buyers into the open market.
The extent of the overload which
packers and killers are carrying is
shown by the fact that six loads of
cattle were carried over from yester-
day because OF the lack Of demand
even at the lower range of quota
tions.
What the Dealers Believe.
All livestock commission handlers
are proving for temporary letup in
the arrivals so they can again see
daylight and secure for livestock
shippers returns that are justified by
ordinary conditions. The options
follow:
F. C. Sharkey Commission COM
Thara ic IfttIa 1oirU in tho rat-
tie market at this time, not all arriv-
ais being sold even at the lower
prices Sheep are to scarce to quote.
Hogs are firm.
A. r. Benson of T. C. Benson &
Son-Cattle market is still quite
weak, and prices are low. There will
be no material improvement in de-
creasing arrivals.
]. C. Lonergan-Cattle market is in
very poor shape, with a number OF
cars of cattle left over owing to the
lack OF demand. The best cows viii
not bring more than 1915 now, Hogs
are about the same around &c, but
something real select may possibly
bring a fraction more"
Everyone Is Oycrloaded-GOuld.
Everyone Is overloaded with cat
tie at this time" says S. P. Gould Of
the Could Commission company.
supplies are still liberal, but there
are signs OF a slowing down. Six
loads of stocks were carried over
from last night because receivers
could not sell them. Both hogs and
sheep are quoted firm, the latter
nominal.
The following is the general range
Of values on stock ruling in the yards
for late shipment
Hogs-Best east of mountains, 81;
ordinary, s675 blockers and feeders,
SO.
Cattle-Best steers, weighing 1900
pounds. s4.75; medium steers, $3.50;
poor steers, s425 best cows, 1915;
medium cows, sS.5O@S.75
Sheep-Best wethers, s5.25 a $50;
ordinary wethers, s5; lambs, $500
5.75; straight ewes. s4,5O6475; mix
ed lots, $3.50.
Veal-Choice young calves $3.50;
heavy. rough, s4.50d4.75.
Coarse Grains Frmer.
Portland. ore. Jan. 26.-There is
flrmer tone to the entire coarse
grain market but especial firmness
is noted in oats and few small
transactions are noted in that line.
There is however, disposition among
the trade in general to await fur
ther developments before starting OPP
eratons on more extensive scale
this condition being confined to both
buyer and seller.
Wheat market Is firm with prices
quoted because of the small
The farmers union is investigating
the workings Of the Portland board
of trade and there is likelihood that
II will confine its offerings through
that organization The investigation
work Is being carried on by A. A.
Elmore. state organizer; L. c. Crow,
state president; ]. NJ. Reid, chairman
Of the state executive board; A. X
Finley. president of the Pullman or
ganization. The party will leave to-
night for Tacoma and will investigate
conditions there. A report will be
made IN the organization which meets