East Oregonian : E.O. (Pendleton, OR) 1888-current, 1909-03-27

GOrlluuui March Go- lSSlSludy
developments in the Pacific north
west wheat situation have set the
trade here to wondering just how far
the price can ascend before it will be
in danger of getting trpped. The
sale at Walla Wala yesterday at
S117A for bluestem, which easily
means $1.27h per bushel basis tide
water delivery, is still the talk of the
local trade.
The market has dwinded down to
a very nominal affair but there isl
still considerable interest IN transac-
tions and some interests who were
bearlsh when prices were lower, are
now among the best boosters.
The only drawback to a greaterI
runaway market for wheat here is
the lack of flour buying by oriental
markets. The wants Of China and
Japan have become more limited, asI
the price of flour for export has ad-
vanced until this period there is
nothing doing in tn way OF shipments
except for establishing brands and
buyers are not stocking up even on
these.
Local flour situation remains in al
very strong position with demand just
fair for this date.
Millstuffs are holding much firm
er than usual for spring business;
the lateness of the season and the
scant holdings of feeds causing pric-
es to remain firm.
There were no transactions on theI
board Of trade and the following bid
and ask prices were continued over
from the first Of the week.
Potato Buying Ceases.
Buying OF potatoes at country ship
ping points has ceased in this terri
tory. The market, while not ex-
tremely weak here, is softer and lower
for buying price because Of the huge
arrivals in san Francisco during the
past as hours. So far as known mol
buyers are offering over sl.25 at local
shipping points for even the fanciest
quality-in fact, the trade does mott
care to buy even at that figure
While the glut and decline is believed
ed be merely temporary and was en-
gineered by the "wse" San Francisco
firms. buyers Of this territory are not
inclined to load up.
Onion market drags wearily with
practically no outside buying because
OF the huge offerings.
At the Stockyards.
There was a slightly better showingI
OF cattle arrivals today and a few
head Of sheep appeared. Run of hogs
for the "a hours was nominal but very
similar to the ones during the past
few days.
The strength of the local cattle sit
uation is even more pronounced than
during the past few days. Fat cat
tie are very hard to obtain and at the
present rate of arrivals 1t looks as
II killers will be compelled to offer
an additional premium in order tol
bring out the small supplies still avail
able at primary points.
Potatoes.
Potatoes-New, selling S1.50@ l.75;
buying for shipment, per cwt, coun-
try extra fancy. $1.S5@125; ord!-
nary shipping. buying s1.2O; common,
S1.l0; sweet, s2QS.
Meats and Provisions.
Hams. Bacon, Etc.-Portland pack
(locaD hams 10 to 13 lbs. 13lac per
ID; breakfast bacon, 1S921c lb; pic
MICS, 9hc; cottage roll, lie lb; reg
ular short clears, smoked, 13c lb;
light smoked, 12hc ID; picked
tongues, 60c each.
Dressed Meats-Front street hogs
fancy, 91z@1Oc; ordinary, &c; veals,
extra, 1061Ohc; ordinary, 90 10c;
heavy, 6@7c; mutton, 7@lOc.
Local Lard-Kettle leaf, los,
Il S-Sc per lb 5s, IA Use per lb; so
III tins, 14Ac per ID; steam rendered,
los, 1870 per lb; 5s, 13 5-Sc per If;
compound. los, 9Ac per lb,
Wool-1909 - Willamette valley,
17h01Sc; eastern oregon, 17@ 1Sc.
Tallow-Prime, per lb; 3Q4c; No.
2 and grease, 2@2hc.
Sheepskins Shearing, 100 15c
each: short wool, 25940c; medium
wool, 5Oc@$1 each; long wool, 75c9
s125 each.
Hides-Dry hides, 14@ Ice lb; green
SQ10c lb; bulls, green salt &c per lb;!