East Oregonian : E.O. (Pendleton, OR) 1888-current, 1916-08-25

''' '-@A+NDs Ahbs -o'-- lNSl'4 u
indicate that Europe is not only a
very anxious and persistent buyer of
wheat IN the United States at this
time but that much nibbling Is shown
for cargoes of flour.
Milling interests are not talking
for Publication regarding this phase
of the market, but the reports OF for
eign hquirles for our flour como
from reliable and well informed
sources.
While there was very erratic tone
lr the early wheat trading at Chica'
go during the day, the actual cash
wheat situation is continued strong,
This Is true especially of the middle
west, where export interests are lit
orally buying their heads Off in
the wheat market.
Farmers in the Pacific northwest
are much less incdneed to sell thah
they were a short time ago. Total
sales o wheat to date this season IN
the three states are approximately
inclined to estimate sales at an ad-
dtlonal 100000 bushels.
Ere omhall cabled from Liverpool
that the wheat market opened very
tirm With scarcity of shippers On
passasC wheat opened firm, 3m6d
advance
ltusso-General reports are nov
commencing to confirm adyices re-
ceived from our agents that croJ
prcspects are now favorable Tho
area Sceued was reduced by exigen-
eles Of var, heavy holding Of old crop
initiated against large planting,
weather from time 10 time has been
unfavorable and general rains caus'
ed damage
pats-Consumptiye demand in the
United E,ngdom has fallen off owing
To fine hay crop, but the continent
continues to purchase foreign sorts
on large scale and mostly from
tinted States. Import needs are
large.
European crops backward anu.
Prospects mostly under last years,
tlour--Selling price Patent, $6.2c;
Willamette valley $3.50; local
straight. $5:6Oa6; bakers local, So
a. Montana spring wheat, S7.4Op
$50; export, $5.1On5.3O: whole
wheat, $6.2O, graham, $3.50; rye.
flour, $64O per barrel.
Hay--Buying price new crop. VIII
lamette valley timothy, fancy Sl2t
1850, eastern Oregon-ldaho fancy
timothy, SlSN20, alfalfa, sl4H14j0;
valley yetch, $lI a $50; cheat SIC
q 1850; clgTTr, SEA 10 per ton.
Grain sacks-l916 nominal: No,
Calcuttas, IL l-4all 3-Sc in car
lots, less amounts are higher.
Mill stufts Selling price Bran,
$2450, shorts, $2G.50 per ton
Rolled oats $3.50 a SIS per bar
rel.
Chicago wheat closed lower for
the day. but the Portland market was
firmer on the Merchants Exchange
bids for August wheat were unchang-
ed to lc higher. with nluestem touch
ing new high mark at $l2S
Now that Portland interests are
through bidding on the government
contract, and one local firm has Sc
cured the order, the price to be pad
the producer is being lowered Up
to the time that tn government con-
tract was let the market was held
aloft.
Barley bids We're unchanged ana
steady on the exchange during the
day.
Hog prices were lifted to 1915 dur
ing the early morning trade at North
Portland. This was an advance Of
l5c over previous prices received this
week
The advance in swine values was
made here in the face of II rather
fair supply. The talk that Portland
was not paying as much as other
markets and especially California,
does not mold water when it was
shown during the day that shlpments1
of California hogs were received I'M
the local yards during the day. III
prices were nlBneI ih tut souNH Nh"h
here these shipments would not come
here
General hog market range;
Choiee light weights ,,,.$9.7O@s''
Good light weights ..,... 9,iOu9.6O
Medium weights ......... S90q 9.25
Rough heavy ..-........ S.OOd 500
cattle Market steady.
Only very small run Of cattle
was shown in the North Portland
yards overnight The market in gem
eral is showing steady tone with
prices practically unchanged from
the start of the week
General cattle market range;
Prime light steers .,..' S6 80 a 6.I'
Prime heavy steers ~ ZOO
Good light steers ...... 6.O0M6.25I
Stockers and feeders ..,. 5.OOM 80
Prime dehorned cows and
heifers .........,.... 5,OO@5,35
g., nn.at m