East Oregonian : E.O. (Pendleton, OR) 1888-current, 1909-02-11
WOOL DEALERS
MAKING FIGHT
EASTERN SPECULATORS
REFUSE TO GIVE UP
Boston Interests Join With Specula-
tors in an Attempt to Knock Out
the Chicago warehouse Plan--Re-
ported that Nearly Half the Clip of
the West has Been Contracted TO
Eastern Buyers.

Portland Union Stockyards, Feb.
1O.-Not without great struggle are
the dealers and spectators OF the
east and west going to give up the
fight for the control of the wool trade
to a new crowd from Chicago which
has recently invaded the field. While
a sufficient number Of grawers were
secured to make the Chicago ware
house and storage plan success in
limited way, Boston Is going to
fight to control the major portion Of
the business. Wool growers are some
what divided as to which plan is the
better.
In the meantime the Boston people
have stepped into the field and have
already secured control of about half
the entire wool output for 1909 from
Oregon. Idaho, Washington and Mon
tana growers. The price paid ranges
from Ice to 1Sc a pound and is quite
good considering conditions which
have ruled heretofore.
Advices from the interior state that
the wool clip of Oregon will be fully
10 per cent greater in 1909 than
year ago The cold weather Is said
to be responsible for a heavier growth
of fleece. The quality is likewise said
to be better than during recent years.
No Hogs But Some Inquiries,
No hogs were received in the Port
land yards during the past "a hours,
but there were plenty of Inquiries and
this Is a help to the tone The trade
is inclined to the opinion that hogs
will sell no lower In the near future.
Price improvements in the east have
been a help toward stimulating the
demand here and taken altogether
the tone in the local hog market Is
about as good as any time during the
present season.
Sheep market shows n few arrivals
during the day, but the number was
too small to form any opinion regard
Ing general conditions outside Of what
has been recently printed.
S5.25 Is Top For Steers.
While a recent sale Of steers was
made at S5.35 in the yards, the gem
eral market for top stuff scarcely
reaches over S5.25. and that is the
figure which Is now quoted. While
# may still be possible to obtain as
high as $5.35 for something extra Sc
lect, such sale could scarcely be
made twice out of a hundred.
The following is the general range
of values on stock ruling in the yards
for late shipment:
Hogs-Best east of mountains,
SG.75G7; ordinary $3.50; blockers
and feeders $5.75.
Cattle-Best steers, weighing 1900
pounds, $5.1O@5.25; medium steers,
$4.75G5; poor steers, $42564.5O;
best cows, $3.50; medium cows, $3.50
d3.75.
Sheep-Best wethers. SO; ordinary
wethers, s5.5O@5.75; lambs, s6.5OQ
6.6O;straight ewes, s5.25@5,5O; mixed
lots, &C.
Veal-Choice young calves $3.50; |
heavy, rough, s4.5O@4,7s.
Wheat Going Up.
The strength of the entire grain |
market IS much more pronounced. !
While no sales of bluestcm wheat |
have recently been reported here |
there is a better demand for other
grades, and this has brought prices
in those varieties about 1c a bushel
higher for cash delivery.
There was no change in quotations
on either wheat, barley or oats flu
lures on the Portland board OF trade
during the day.
Flour market is firmer. An occa-
sional transaction is deported in ex-
port grades around $S.7O, but the vol
ume of business is light indeed.
Secretary Fred Muller of the board
Of trade is attending the annual con-
vention of the Farmers union at
Spokane. Mr.. Muller has been work
ing to make this city the official mar
ket for the producers,