East Oregonian : E.O. (Pendleton, OR) 1888-current, 1911-04-26
SHORTAGE OF FLOUR
SENDS WHEAT HIGHER
PORTLAND PAYS MORE
THAN CHICAGO FOR CEREAL
Sheep Movement to the East Is Start
cd In the InteriOr-Supplies Are
Going to Omaha-Prices Good I'm
Portland.
(Monday's Journal.)


With the price Of wheat in the Pa
cific northwest above the Chicago
market, a very unusual occurrence,
the milling fraternity as well as buy
ers have been looking around for the
cause.
1t Is now stated that some Of the
big millers of the sound sold flour
short when they had no wheat pur-
chased for grinding 1t. The result
was that when they tried to buy the
wheat the market was rorced up and
has continued to advance all along.
Much mystery is shown regarding
the price being paid for wheat. Some
assert that bluestem is not worth over
soc and that they are buying at this
price, while others agree that either
sic, 92c or even 93c is the proper
quotation. In any event the market
Is nominal owing to the very tight
holding of producers at interior
points.
With most Of the grain held in the
warehouses of the farmers, the trade
in general is scarcely in a position
TO state what remaining stocks are
Millfeed situation is firmer and
while bran is nominally quoted at $24
and shorts at $25 ton, in carloads,
millers are not seeking to sell the
product.
Oats and barley markets are firm
er with no change in prices.
Stock Market Firm.
While the local market is at pres
ent firmer and higher for sheep and
lambs that are shown from interior
Oregon to the middle west have
started.
According to special advices receiv-
ed by the Journal quite number of
sheep consignments have been made
to the omaha market. Sheep buyers
from the east are beginning to in
quire for supplies and the present
weakness there may be simply bluff
in order to secure the supplies from
growers at less money.
There were no arrivals in the
livestock market at North Portland
during the past "a hours, clean
goose egg being scored.
The situation remains practically
the same as has been shown during
the previous "a hours. While one
load OF steers sold yesterday at 81,
this was exceptional and sellers are
Of the opinion that select grain fed
stock will not move above $6.75&6.S5.
Two loads of stock were carried
over from yesterday, one being a load
of wool sheep and the other a load
1,
fancy quality.
Cattle-Grain fed steers, $690q
Z; best hay fed steers, $3.50. fancy,
1925; cows, best, S5.2505.5O; ordi-
nary, 50; poor $3G4; stays and bulls
$3G4.
Hogs--Best light, S7@125; pack
ers, $6.4O, heavy $5a $50; feeders,
$3.50.
Sheep-Best yearling wethers, So
so; old wethers, S4.15; grain fed
lambs, $3.50; ewes, S4.25; sheared
wool sheep and lambs soc higher.
Calyes-Best, $S4S.5O; ordinary
$7oO; poor. $30450.
Egg Market Stcadier.
Market for eggs is steadier locally
and the price is being maintained
generally Receipts are not so liberal
and while prices are as yet unchang-
ed, some receivers are asking an. ad-
vance.
Butter market is generally quoted
steady on the lower basis.
Cheese is firm with flats at 15c.
Chickens Lower Again.
Chicken market is lower again
With offerings quite liberal at the
start of the week and with last week.
market still In view, buyers were in.
clined to shade quotations another
cent all around.