East Oregonian : E.O. (Pendleton, OR) 1888-current, 1916-08-24
PORTLAND FLOUR ADVANCED 70 CTS
OATS AND BARLEY FIRMIsR WITH
GOOD DEMAND; HOG MARKET
CONDITIONS REMAIN STEADY:
GOOD TONE IN CATTLE MAR
KET But SELLING IS QUIET.

PORTLAND, Aug 24-All If the
advanced the price Of patent flour zoe
per barrel yesterday One refused to
make any advance and another forced
the market 40c higher During the
Gay the last remaining miller advance
ed his quotation 2Oc per barrel, maxi
ing the $500 price uniform with the
exception Of one company which is
quoting an additional zoe rise.
With the wheat market very firm
and higher prices being named at
Chicago as well as at interior Pacific
northwest points, and with farmers
less inclined to let go of their sup
plies at prevailing high prices, the
situation in the flour trade is exceed
ingly strong. In fact this is the stu
alton.
Recent sales Of flour have been so
heavy to the central west and south
west at former low prices that most
Of the mills have already oversold
their output or an extended period.
None Of them viii sell flour on con-
tract for future delivery unless pay
ment is made Immediately. This
means, therefore a spot sale. In pre-
vious transactions the big buyers
could purchase supplies at certain
price and if the market dropped in
the meantime they were rebated the
extent Of the drop, This is no longer
possible.
Oats and barley markets are firmer
with prices tending higher in the in
terror
Broomhall cabled from Liverpool
regarding the wheat trade:
After opening quiet, the market
turned firm owing to dearer export
offers and continued unfavorable Am
erican crop advices. Spot steady
After being Sd lower it advanced to
unchanged to Id lower than yester-
day with holders reserved. Native
offers nil and crop advices are unfa-
vorable Cargo market firm with
winters and Manitobas Sd higher and
good demand. Continent continues
TO absorb all offerings owing to un-
favorable American crop advices and
lateness of European harvest and re-
velation Of reduced Yields. United
Kingdom demand broadening as re.
suit Of continued unfayorable advices
from Canada and dearness Of Mani
toba offers"
Flour-Selling price: Patent, SEQ,
Willamette valley $3.50; local straight
$5.60a6; bakers local, $6G 760; Mon.
tgna spring wheat, $3.50; exports
$5.10G $50; whole wheat, $6.20; gra-
ham. $780, rye flour, $500 per bar
rel.
Hay Buying price new crop. VIII
lamette valley timothy, fancy, S12@
1850; eastern Oregon-Idaho fancy
timothy. SIS@2O alfalfa s14d 1850;
valley vetch, s11M11.50; cheat, $lOd
1850; clover, $9@lO per ton.
Grain Sacks-19l6 nominal; No. /
Calcuttas, II 1-4m11 3-Sc in carlots
les amounts are higher.
MiIlstuffs - Selling price Bran
$245O: shorts. $3.50 per ton.
Rolled Oats--$ $6.5od675 per bar.
rel
Wheat prices reached l to &c a
bushel higher for August delivery on
the Portland Merchants Exchange
during the day, with bluestem at
$L2Ti2. T sale Of September deliv-
cry was made at $3.50.
Oats market was strong and un.
changed during the session, but feed
barley lost 81 a ton.
General hog market conditions at
North Portland remained steady with
only one load reported in. This came
from a Willamette valley point and
being of top quality sold at the recent
high mark Of $3.50
General hog market range
Choice light weight ......$ 800
Good light weights .,........ 9.25 a $50
Medium weights ......, SIS $3.50
Rough heavy ........... 500 n san
cattle Continue Quiet.
While a steady tone is shown in the
trade here, the market for cattle is
quiet. But one load came forward
over night to the North Portland
yards. No price changes are indi-
Gated
General cattle market range:
Prime light steers ,.....,$6.50n6 a SIS