East Oregonian : E.O. (Pendleton, OR) 1888-current, 1914-01-24
GRAIN BAGS ARE ON
. THE T0B0GGAN SLIDE
HOUSER SAYS MOSCOW SALE WAS
AT EIGHT CENTS, NOT
SEVEN.
Drop Of TWO Cents Upsets Calcula-
tions-Reduccd Tariff Feature In
SituatiOn-Prescnt Pcndleton Quo
tations Eight and Half Cents. =.

auOnS Eight anu Half Gents.
In local farming circles the chief
topic of interest today has been grain
bags and the subject has been made
particularly live by the report from
Moscow that NJ. II. Houser had sold
the Farmers Union 100000 sacks at
| a price of seven cents
That report has had bearish ef-
feet in Pendleton and this morning it
| would have been easier for grain
broker to have bulldogged steer
/ than to have sold sacks at the prices
that have been prevailing here in the
past
In a phone message today c. o..
Rinehart, local representative OF
Houser was informed that the Mos
| COW report was erroneous to the ex-
tent of one cent per sack. In other
words. Mr.. Houser asserted that the
sacks were sold at eight cents. not for
| seven. The price was cash. so 1t was
! declared.
Sacks are now offered here at eight
and half cents. a part payment to
be made down and the remainder in
July. Some sacks have been sold at
| this price. Sacks have also been sold
at higher prices than that. the figures
having run as high as 10 cents. Some
! time ago the price of 10 cents was
quoted as confidential price and
some farmers bought, expecting an
advance But the guess has been
proven bad one. for since then
sacks have gone down instead of up
wards In Portland the market has
been weak of late and now ranges
| from "a cents to s cents.
The cause of the decline in the
price of sacks does not seem clear.
At this time a year ago sacks were
selling in Pendleton at from 9 1-2 to
10 1-2 cents. The failure of a bank
| in Calcutta is thought by some to
have had something to do with the
! market 1t is also obvious that the
change in the tariff has had bene-
| ficial effect from the farmers stand
point. The Payne -Aldrich tariff i'm
posed a specific duty or Lights
of cent a pound on sacks and an ad-
valorum duty of IS per cent. The
new tariff abolishes the specific duty
entirely and reduces the ad valorum
duty from 10 to 10 per cent.
Feeders VIII Lose Money - Unless
Portland and Sound packing interests
show disposition soon to change
their ideas of prices the farmers who
have been feeding good hay to some
10000 head of cattle in western Una
tiIIa county will get nothing for their
trouble but squeezed lemon. The
feeders are firmly in the squeezer's
/. grasp at present. On one hand is
the fact they paid from go to cents
for their cattle which is about three
fourths of cent per pound more
, than they paid last year. while pres
ent prices in the Portland market are
over a fourth of a cent under the
prices that prevailed a year ago. In
other words the feeders paid more
for their cattle than usual and II they
sell now have to sell for less than
the prices they could reasonably ex-
pect. judging by the strength Of the
market elsewhere. 1t is a condition
that precludes any profit. One Her
miston feeder who had to sell recent
ly did so and the price he obtained
I netted him price Of 25 cents per ton
0 for his hay. II he had that hay now
he could sell it for $40 per ton. The
lerhargy in the market Is attributed
: to the fact the packers have fed much
beef themselves and are now using
that stuff at the very time they know
| h.. o., ,,,t ,aIl - l.
Z tiful system from the packers stand
joint but is proving deadly to the
=. feeder.
Big Horse AuctiOn-Advertisem
:, are now out for an auction to be helt
February 10 by Barney Anderson a
the John Bahr ranch north of Pen
dleton. About 80 head of horses in
Guiding one full blood PercheroI
mare, number OF mules two mill
, cows and some farming equipmen
will be sold. Col. Yonka will be auc
tioneer and e, L. Smith clerk.
u Apple Men COmplain-That the bill
: now pending in congress relative t
IL storage of fruits and other horticul
tuidi piouuCtS anu dSTlCultuTdl pro
ducts will work hardship upon tn
applegrowers is pointed out in letter
now being sent out by Manager H, G
Barnes of the Walla Walla Fruit Dis
: tributors to all representatives an
le congressman of Washington, Oregon
le Idaho and Montana.
,r
n Caught Silver Gray Fox-A silve
d gray fox, the fur Of which is believe
d to be worth from 5000 to $500. wa
e caught by C. l. Smith, rancher, nea
'e Bend, few days ago.
m
,r Farmers Mass Meeting-The vari
II GUS farmers union locals of Morrov
70 county have been called to meet 4
mass convention at Heppner Januar
81. The annual election of officer
. will occur and other business will b
4 transacted. The meeting Is to be hel
. at the court house. A. s. Akers l
. secretary Of the association.
AI
. Mountain Roads GOOd-Superin
. tendent Cryder Of the Umatilla forea
. spent much OF last week in tri
. over his territory south Of Hardma
. says the Heppner Gazette Times. H
. found the snowfall to have been ligh
n 49, eonAo ~r,~rn To- ~~nop1~ux .Ac .,