East Oregonian : E.O. (Pendleton, OR) 1888-current, 1909-05-26

High Record in Chicago Wheat Pit
Portland, May 25.-The livestock
market was inactive today. The run
of California stuff yesterday was not
sold until a late hour and the net
weights could not be obtained in time
for today's issue.
Killers whose immediate wants have
been filled by direct importation of
California stuff, are rather indepen-
dent just now and don't seem to care
whether school keeps or not.
They are not disposed to pay the
prices demanded by commission hand
lers and are working hard for a low
er range. Even for best stuff they
are not inclined to pay $3.50 for steers;
most OF the bids for best stuff being
around $5.35 $40 with the latter the
extreme top offering thus far.
For the "a hours the arrivals Of cat
tie in the yards totaled 1913 head,
most of these coming from California
late yesterday afternoon. Top prices
for steers today may be safely put
at $5.40@5.5O. although tomorrows
market may show a further bearish
attack by the killers.
Sheep and Lambs Firm.
Considerable firmness is again no.
ted in the local market for both sheep
and lambs. Arrivals in these lines to-
day reached 416 head, compared with
1870 yesterday none Saturday, $50
Friday SsS Thursday and 243S last
Wednesday.
Sales of sheep in the yards today
were quite easily made around IS and
$5.25 for lambs and s4.25 and $4.35
for the ordinary run Of stock.
Chicago Wheat.
Chicago, May 25-Wheat market
made a new high record for the May
option by climbing to $1.35 ga a
bushel as compared with yesterdays
high at s1.34 IA and the closing at
is. Todays closing was at
$1.34, or a fraction under the previous
day.
News from the growing Russian
crop was the factor that brought
about the sharp reaction in the wheat
pits here and at European centers.
Broomhall cabled: "a special Rus
sian cable says that in the southwest
rains have fallen and it is said that
it has been general and it is now con-
sidered that the danger period has
passed. In the southwest there has
been a general rainfall and it is now
raining" (Note) This rain has been
general all over the drought district.
Market Summary.
Wool-19O9, Willamette valley 24@
csc; eastern Oregon, 1S@24c.
Tallow-Prlme, per h., 8 a 4c;
No. and grease, 202 1-2c.
Sheepskins Shearing, 10 a 15c
each short wool. 2504Oc; medium
wool. 5OcG$1 each; long wool, 75c9
$125 each.
Hides-Dry hides, 11@ 16c lb.; green
aloe ID; bulls, green salt &c per h.,
kps, sc; calves, green. 16c per lb.
Mohair-19O9, 23Q24.
Grain and Flour.
Barley-Feed, $S4; rolled, $S6.5O@ |
81.
Wheat-Buying price, new-Track,
Portland-Cub, $1.20; bluestem,
S1.35: red Russian, $1.17; Turkey red,
S1.2O@l25; Willamette valley S1.15.
misunderstanding price - Bran.
1850; middlngs, $500; shorts, $50;
shop, $2SQS1; alfalfa meal, $40 per
on.
Flour-Selling price-Sastern Ore
yon patent. S6.25; straight, $500 600
export, $40; bakers, $6.O0@6.25;
ALLEY, $3.50; graham, las, $3.50;
whole wheat, $3.50; rye, 5s, $3.50;
)ales $500.
Oats-Producers price-Track-No.
white, s4O@41; gray, $40.
Potatoes.
Potatoes-Selling, $2@2.25; buying
or shipment, per cwt., country extra
ancy, So; ordinary shipping, buying
,1.75@2; sweet, $2.50@3.
Livestock.
Hogs-Best east of mountains, $7.75
.ood $7.25@L5O; fancy Willamette
,lockers, $7.2O@7.5O; stockers, S6.75
p7O0.
Cattle-Best steers, weighing 1900
$5.40@5.50; medium steers,
5.25; poor steers, $500; best cows,
SO; bulls, SS.OO@S.50.
Sheep, sheared--Best wethers $3.50
pring lambs, s5@5.5O; straight ewes,
S.5064 4,00 mixed lots, S4.O0@425.
Calves-Light, $3.50; heavy, IS.