Daily capital journal. (Salem, Oregon) 1903-1919, 1915-12-22
EGG MARKET LOWER
IN PORTLAND NOW

Portland, Dec. 2l.--The egg market
is in very bad shape along Front street,
and quotations have dropped as low as
35 cents a dozen for case count.
While only one of the big commits
sion houses was offering eggs freely
during the day at the lower price, 9th
ers were not asking over 38 cents, but
at neither price was there any special
inclination among retailers to clean up
the streets holdings.
Receipts of fresh eggs along the
street are increasing rapidly, and while
some of the dealers have not yet been
able to feel the growth of arrivals,
others show by their receiving books
that supplies at least doubled during
week 3 period.
Butter Is Cut.
The market for butter is now gen
eral at 20 l-2 cents for extra city cream
cry cubes, with small packages at 80 ~
cents. There has been more or less se
cret cutting of creamery butter values
since Friday night. Who made the cut,
and what was its purpose none seem to
know.
In any event, the big city creameries
which have been charged time and time
again by various interests with con.
trolling the price of butter, actually
knew nothing whatever about the cut
until it was fully a day old, and some
of their statesmen ran across the lower
prices.
The new price is cut of two cents a
pound all the way through for butter
fat as well as butter.
The new quotation on butter fat Isl:
No. l, 81 cents; No. 2, 20 cents per
pound, Portland delivery.
Storage butter is naturally feeling
the effects of the weaker tone, and cut
in fresh creamery, and various cuts are
reported in that line as a result.
Hog Prices Higher.
While total offering of hogs at North
Portland at the weeks opening were
fractionally less than a week ago, still
there was big showing Of supplies in
the yards.
Prices were bulged up another nickel
during the morning trade with tops
commanding $6.10 with ease. A number
of sales were made at the higher fig
ures, thereby firmly establishing the
new quotation.
General hog market range:
Choice light weights ...... .$605@6.10
Good light weights ,.... 590@60O
Medium weights ........ 550M5.SG
Rough and heavy ...... 4S5@5.25
cattle Market is Good.
There was a rather liberal run of
cattle in the North Portland yards over
Sunday, but the trend Of the trade con.
tinued quite favorable as compared
with last week. Buying of cattle con
tinues on a liberal scale. Good stuff
especially is being sought at full prices
Wheat Advances.
Wheat market is showing a further
advance in leading world's centers fol-
the day, which is giving the interior
Pacific northwest markets u generally
better feeling
Buying Of wheat in the interior is
again ON a rather extensive scale foi
eastern shipment to millerS and fol
movement to Europe via the Atlantic
| seaboard. For that reason, aside from
the coast milling demand, the interior
trade is on higher basis than tide
water.
Flour market continues to show 4
steady tome and while there is agaiI
more or less talk Of another advance
soon in the price Of patent flour, lead
ing millers say there is nothing in sigh
at the moment.
Millstuff demand from the south il
quite good, according to local millors
and they are able to secure with east
much better values than are shown il
the local exchange.
FLoUR--Selling price: Patent, $500
Willamette valley, $500; local straight
$4.40@4S0; bakers local, $4.60@5.00
Montana spring wheat, $5.70; exports
, $430@440; whole wheat, $545; gra
ham, $5.20j rye flour, $3.50 per bar
rel.
Hay--Buying price; Willamette val
ley timothy, fancy $l3@13.50; easterI
! OregonIdaho fancy timothy, SIC; al
falfa, $l3Ml3.50; vetch and oats, 81
clover $Sdg.
GRAIN SACKS--1015, nominal. No
Calcutta, l'2 cents in car lots; les
amounts higher.
MILLSTUFFS-Selling price: Bran
$2l@22; shorts, $22@23.
ROLLED BARLlGY--Selling price
500 5O0p30.50.
Wheat bids were unchanged to ! cen
q bushel higher than Saturday on tn
Portland Merchants Exchange for Dc
cember delivery. Even this prico wa
not as high as the same interests ar
bidding in the country. No sales.
December oats and barley were un
changed with no sales.