East Oregonian : E.O. (Pendleton, OR) 1888-current, 1909-01-05
BEST COWS BRING
! BEST PRICES YET
NEARLY FOUR DOLLARS
PER HUNDRED is PAID
Hogs Fall or Some, Owing to Quality
But Cattle Go Up and Sheep Re-
main Frm-Porkers Are Down I'm
East-Good Demands for Wheat
and All Grains-Marlket OversOId.

EASt-GOOd Demands for Whea
and All Grains-MarI1et OversOld.
Portland Union Stockyards, Jan. 4
Over Sunday there was fairly lib.
eral run Of hogs in the yards, tota
! of 984 head being received. The class
of stock now coming forward is quite
| good but will not compare with the
quality sold at $3.50 last week The
| top OF the market for ordinary good
quality is $6.40, but, at this figure the
demand is very good and strong with
the indications Of further advance
II nothing occurs to mar the bulllsh-
ness In the east. While today there
was a fractional decline in eastern hog
values, the drop was not taken as an
indication of weakness, but more on
account Of Monday dulness.
Cattle market is very firm in the
yards just now and with only a hand
full of arrivals during the past As
hours Top steers are holding very
firm at s4.75, but little OF this class
of stock has been in evidence of late.
All grades Of cattle are showing i'm
proved feeling with the smaller arrlv-
ais.
In the sheep market there was a
fair run over Sunday, but this scarce
ly made up for the lack of supplies
since last Thursday. Prices are show
ing no change today.
The following is the general range
OF values on stock ruling in the yards
for late shipments:
Hogs-Best east of mountains, So
25G6.4O; ordinary $6a6.25; block
ers and china fats, $3.50; stockers and
feeders. $500.
Cattle-Best steers weighing 1900
pounds, $4.50@475; medium steers,
S4.25; poor steers, $3.50; best cows,
$3.75 $3.50; medium COWS, $2.75@
$50.
sheep-Best wethers, $4.7505; or
dlnary wethers $3.50; lambs, $4-75@
s. straight ewes. $425@45O; mixed
lots. 81.
Veal-Choice young calves, $4.50@
81 heavy rough. S3.75G4.
Wheat In Demand.
There is a very good demand for
wheat and in fact all grains at this
time with producers not inclined to
let 60 For choice milling wheat the
San Francisco market is higher again
and ordinary grades are firm at un-
changed prices. Bluestem' is still be-
ing eagerly sought by local millers
around 81 a bushel, but remaining
supplies are so scant and in such few
hands that the market has dwindled
down almost to an end-of-the-season
affair.
on the Portland board of trade to-
day wheat futures were maintained
firmly at Saturdays values, as were
the January and February options in
barley and oats.
Although there was q slightly easier
tone in barley prices I'M San Francisco
today locally the market is firmer
than ever There was an offer to buy
three cars of barley, for January Feb
ruaryl delivery on the board today but
none were offered. There was like
inquiry for two or three cars of white
oats and one ear of gray; both for
January delivery. No offerings.
Millstuff prices are unchanged, but
weakness is gaining in the south and
prices there are 81 ton lower for
shorts It is stated that Japanese
millehs are still offering. millstuffs
for delivery at the Bay City at prices
lower than northern millers
with their scant grinding can meet.
Weakness Abroad.
Chicago, Jan. 4.-There was weak
ness abroad today owing to the recent
indifference. OF the local wheat trade
and Liverpool was 3-S to I'D lower
at the, close after opening but frac-
ton lower than previous to the holi-
days there.
The local trade was inclined to go
short of the market at the opening
today, even though reports continue
to come from Russia telling of dam
age there by the recent cold weather.
The extra good condition of the AM
erican, crop is what is holding wheat
back here.
After the opening there was a de-
cided Improvement in the buying and
as during recent sessions, the price
with a small amount of short
covering. This seems to indicate the
heavily over-sold condition OF the
yhaat market