East Oregonian : E.O. (Pendleton, OR) 1888-current, 1916-09-07
WHEAT Quotations ARE ADVANCED.
AND LIVERPOOL STRONGER PRICES AS WE'LL AS
CI1CAGO-SOUTTIFRN MUAERs ACTIVE PACIFIC NORTH
WE1ST-CATTIE MARKET is

PORTLAND, Sept. SHARPLY
higher prices were forced abroad for
wheat during the day. At Liverpool
there was a good advance for spot
offerings. while on the London mar
ket cargoes on passage were not only
in more active call but higher
Chicago option market showed a
further advance during the day and
the cash situation all through the
middle west and south was strong at
advanced quotations.
The far south is still very much in
terested In Pacific northwest wheat
and a resumption of the buying Is in
dicated in reports received from va
rious interior points.
J. b. Ballard Of Ballard & Ballard
we'll known millers OF Louisville, KY,
Is again In Portland, and 1t Is under
stood that his firm is again partici-
pating in the buying here and in the
interior Mr.. Ballard has for many
years been a buyer OF Pacific north
west wheat He has purchased stock
practically every season since start
ing purchases here.
The coarse grain markets are gem
orally very firm at interior points but
the offering is somewhat restricted.
Broomhall cabled from Liverpool
that wheat was strong on American
cables and continued unfavorable re-
ports from Canada and America Spot
strong to Sd higher with holders
very reserved and millers' demand
good. Arrivals larger but mostly Ans
erican and purchases difficult. Cargo
market dearer with improved demand
and continental absorption good
French and United Kingdom
weather unfavorable for harvesting.
Argentine offers larger prices firm.
weather unsettled with showers in
parts. Wheat offers remain small.
Shippers estimate the remaining
wheat. surplus available for export at
2S,000,000 bushels. The trade does
not believe that anywhere near this
amount will be disposed of, las new
crop prospects are not entirely favor
able and the belief is in higher prices
as the season progresses.
United Kingdom Weather contin-
ues unsettled, Harvesting is slow. Ar
rivals from America increasing, but
import offers from other countries
are moderate. Millers' demand CON
tinue. Foreign crop summary gener-
ally unfavorable.
Flour-Selling price. Patent, $500
Q6.50; Willamette valley, $3.50, local
straight, S5.6O@6.OO; bakers local, Sc
q 100; Montana spring wheat S74O
q 100; exports. $5.10q5:30; whole
wheat, $500; graham, $3.50; rye
flour, S6.40 per barrel.
Hay-Buying price, new crop: Will
lamette valley timothy, fancy, $l4G
10; eastern OregOn-Idaho fancy tim
othy, S1Sql9; alfalfa, sl4Q14.5O;
valley vetch. sl2; cheat, SHOE;
clover, S9qlO per ton.
Grain sacks-i9I6 nominal: No. l !
Calcuttas, II 1-4@11 3-Sc in carlots;
less amounts are higher.
misunderstanding price: Bran,
S22,5O; shorts, S24.5O per ton.
Rolled oats-S7q 725 per barrel.
Sharp advances in the price OF
wheat were forced on the Portland
market during the day with a further
rise at Chicago and abroad On the
Portland Merchants exchange Sep
tember bids were advanced Ia &c
bushel.
September oats bids were unchang-
ed but barley was up soc a ton.
There was only a handful of stuff
in the North Portland mar
ket at the opening of the days trade
Hogs were quoted steady with tops
o gain commanding 1896, The gener-
al situation is substantially the same
as at the start of the week. but the
sinallness Of the run is worrying kill
ers:
General hog market:
Choice light weights ....S 9.C5
Good light weights ..... s.4069.50
Medium wtights ........ 9,00a9.95