East Oregonian : E.O. (Pendleton, OR) 1888-current, 1909-01-01

Portland Union Stockyards, Dec. 81.
This is the last day of the year and
to celebrate it more properly killers
paid AN advance of 25c for select
cows today. With arrivals small in
cattle and sheep and none at all this
week in hogs, a firm tone is shown in
all lines although with the exception
Of select cows all values are unchang-
ed.
There Is a firmer tone in hogs and
the trade seems TO have little doubt
that arrivals of select quality Will
bring $6.25.
A. S. Milne of The Dalles, is the
man that topped the price of cows for
the present season. Speaking Of this,
Tom Benson, the seller, said today:
There is a very firm and good de-
mand for such stuff and there was
difficulty in obtaining 1915 during
the day. All lines of livestock are
firm"
"There is extreme dullness in the
market just at present" says J. c.
Lonergan, but the demand is all right
and prices obtainable for all lines are
very good"
Feed Hogs Not Wanted.
while there is a firmer tone for
good select hogs at top prices" says
Lee NJ, Lacey of Hunt & Lacey. there
is practically no call just now for feed
ers and were the latter to arrive they
would find little call. Cattle are good
and strong; likewise sheep"
"While the market is dull just at
present because of the small arrivals"
says S. p. Gould of the Gould Com
mission company. the indications are
that trade will be lively in all lines
during the coming week or l Odays.'
Extreme dullness rules in live
stock" says j. G. sharkey. but this
is the fault Of arrivals, not the de-
mand."
The following is the general range
OF values on stock running in the
yards for late shipments;
Hogs-Best east of mountains, SEA
6.10; ordinary, Sc; blockers and china
fats. $3.50; stockers and feeders, IS.
Cattle-Best steels, weighing 1900
pounds, S45O@475; medium steers,
4.25: poor steers. $3.50; best cows,
3.5OG3.75; medium cows, $2.75@S. S.25.
Sheep-Best wethers, S4.75g5; or
binary wethers, $3.50; lambs, Also
So; straight ewes. $425g4.5O; mixed
lots. S4
Veal-Choice. young calves, S4.25@
AIS; heavy rough $3.I5@4.
Eastern Livestock Markets.
Chicago, Dec. 31.-Hogs, $4,000;
cattle 6O0O; sheep, $1,000. Hogs were
steady at yesterdays close; left over
yeterday $500; receipts year ago, 49,
0OO. Mixed $3.50 5.95; heavy. $40
@5.75; rough, $5.35@ sos; light. $5.O5
G5.SO. Cattle stronger; sheep steady.
Kansas City, Dec. S1,-Hogs, H.
600; cattle, 1000; sheep, 1000.
Omaha, Dec. S1.-Receipts, Hogs,
11,OOO; cattle, 1000; sheep, SOOO
Holiday Quiet Prevails.
Portland. Dec. 31,-Holiday markets
are not usually very firm in the grain
trade but despite the dullness there is
very firm feeling in local values.
Demand for all grades of wheat con-
tinues very liberal and It is stated that
several houses are Offering lc abush-
el over the quotations printed in
this report This is for other
grades than bluestem: the latter be-
ing nominal and firm at 81 a bushel
There was no change in sentiment
on the Portland board of trade today
and the markets were allowed to rest
over the holiday tomorrow.
Change for Worse.
Chicago. Dec. 31.-A sudden change
for the worse was shown in the Chi
cago wheat market today, with good
crop news everywhere, the demoraliz-
ing feature.
Wheat was weak and lower abroad, |
with favorable reports of the crop in
Argentina and heavy shipments pre-
dicted for Australia, or the latter
Boomhall estimates that the wheat !
of Australia for January |
and February will aggregate 16,OO0.-
000 bushels. The same authority
states that Liverpool traders were
heavy sellers of wheat.
After the opening here at prices un-
the nc lower than yesterday,
the market began to sag, and with
heavy selling pressure and fresh
batch of new shorts the price lost
steadily, with the result of a closing
rs to nc a bushel under yesterdays
final figures.
Price Current of Cincinnati says:
Winter wheat continues to show i'm
under favorable weather.
and the outlook Is Increasing encour-