East Oregonian : E.O. (Pendleton, OR) 1888-current, 1914-07-14
SOME WHEAT MOVING
WITH MARKET LOW
NEW CROP BARLEY BRINGS 500
On TIDEWATER TRACK
BASIS.
Wheat Cargoes Dull

LONDON, July 13.-Wheat cargoes
on passage dull.
English country markets firm at
full prices.
French country markets quiet
PORTLAND, July 13.-There IS a
very weak tone and poor outlook for
rev crop oats, as well as barley at
this time. and the general trade
seems inclined to the opinion that
values will be lower than at present
A small amount OF new crop oats
las been contracted by tidewater in
terests at $20.50@21 a ton, but 1t Is
understood that some has been Of
fered down to 500 for No. l white.
With huge stocks OF old oats in the
country. the fact that the present crop
is estimated smaller than a year ago,
has not had any influence whatever
upon the trade. Stocks of old oats
were never before so heavy at this
time of the season as today.
Interest in new crop barley is lag
ging. Nominally speaking. the price
of No. / brewing has been placed at
$50 a ton tidewater track basis which
means about s19 for feed. Even
these low values are not seemingly
low enough TO cause dealers to take
hold.
With the bulk of the early sales OF
wheat said to be taken care OF
there was a slightly easier tendency
in the trade here today with fortyfold
being offered down to soc per bushe
tidewater track basis, while the trade
in general is not bidding above 7S4
7sc for club. Little business is re.
ported at these figures, although
some fortyfold has been taken at Col
! fax and other Palouse points recently
as high as sic tidewater basis.
Market for grain bags is quiet witt
an easier change for the day.
wheat-old crop, producers price
nominal, track basis: CLUB. sec
milling bluestem. SIC; fortyfold, S5c
valley. S5c: red Russian. SIC. New
crop club, July and August. 7sd 79c
September, nc; fortyfold. July-Au
gust. 7s@ soc; bluestem, s1G SIC.
oats-Old crop. buying price: No
] white feed, s2l per ton; gray, $50.
so. New crop. white. s22.50.
Flour-Selling price: Patent, 81.
so: Willamette valley. $3.50; loca
straight, s4.2O: export sS.S5 a S.s5
bakers. s4.60d 4.S0.
Hay-Producers price: William
ette valley timothy. fancy. 1880 a IA
eastern Idaho. fancy timothy
sI6a165O: alfalfa. S1Sd 1850; veto
and oats, s11; clover, ss>s.10 pc
ton
Grain bags-No. Calcutta, futur
delivery. sS.35.
Millstuffs - Bran. s22.5Od 24.OC
shorts, s26.5O@27.
Barley-New crop. feed, 81!
brewing. $40 per ton.
Chicago Wheat Market.
CHICAGO. July 13.-Wheat price
showed a sharp loss today of rs
l-9c a bushel for September an
unchanged for December.
There was persistent selling afte
the opening. due TO the lower Liver
pool Broomhall cabled from theI
that the wheat market was easy. An
erican cables Saturday We're offs
there by continual unfavorable ad
vices from Russia and a comparative
ly small percentage of the world
shipments destined to the Unite
, Kingdom. with the continent Absorb
ing freely with the demand unaba
ed. Opening prices were unchange
} to lad higher. October leading. Dul
} ing the morning there was a declir
! on American selling and prices lo
J IA TO led. This selling was aul
) mented by private reports of rain
Canada Foreign offers are firm
held and disturbing reports continu
to come from Argentine. but the An
erican movement and the good graC
, ing is having its influence.
Range of Chicago prices furnishe
4 bv Overlook & Cooke company, 2l'
2l7 Board of Trade building:
= Wheat.
July-Open, ~ rs; high, IS l.
8 low, ~: close. ~ is.
: sept.-open, ~ ga; high. IS; loN
!. 76 rs: close. IA.
. Dec.-open, so rs; high. 81; 10y
so: close. so a.