East Oregonian : E.O. (Pendleton, OR) 1888-current, 1916-08-05

man for wheat is Worldwide Europe
and the Atlantic seaboard, as well as
California and the far south are an
bidding for Pacific northwest wheat
TO these must he added the local mil
lers, who are not going to see Outsid.
ers take everything in sight.
Chicago showed recovery early in
the session from the depression start
ed during the previous day when
someone on the bear side started a
submarine warfare.
Higher prices than those quoted
here are actually being paid for
wheat in the Pacific northwest, there
fore the situation can truthfully be
said to be the strongest for many
months.
Coarse grains are also showing
strength, barley especially beng
sought at interior points.
Flour market is very firm at the
recent advance.
Broomhall cabled from Liverpool
that wheat showed some pressure at
the immediate opening, due TO weak
ness in Chicago. Later the market was
strong, with offers light. Spot strong,
to Sd dearer, with good demand at
the advance.
Australian spot quoted extremely
high. Indian strongly held. Cargo
market opened 80 lower, later ad-
vanced sharply, with winters and
Manitobas over yesterday. Good
demand for both winters and Mani
TOBIAS. General trace is broadening
as the strong views Of holders of Am
orleans and Mantobas rs commencing
to cause buyers here to believe thar
rust damage in both spring crops is
a reality,
! Reserves everywhere are made
quate. 1t is believed importers will be
willing to purchase more freely, with
continental demand becoming urgent.
Millers' supplies are lighter, with
native offers small and foreign arriv-
ais decreasing.
Flour advanced Is Cd since yester-
day. The complexion of the entire
wheat trade has changed with the ad-
vent Of rust damage Importers sup
plies aer light.
Flour-Selling price: Patent, So
so; willamette valley $5.4O; local
straight, $500; bakers local, 5000
$50; Montana spring wheat $3.50;
exports, $4.7OG49O; whole wheat
$6,45; graham, $500; rye flour $5.sj
per barrel.
Hay-Buying price, new crop; VIII
lamette valley timothy, fancy, SIG q
IS: eastern Oregon-Idaho fancy tim
othy, S1Sg2O; alfalfa $14@14.50.
Grain sacks-1916 nominal: No.
Calcuttas, IL 1-4q11 3-S in carlots;
less amounts aer higher.
Misunderstanding price; Bran,
$25.5O: shorts, $3.50 per ton
Rolled -$6.25g6"5O per bar
rel
Chicago wheat closed with sharp
advance of 8 3-4 to 4 sac bushel
over the finals of Thursday,
Local market touched a new high
record for the season to date at Sl.1O
II for bluestem, which is 1-2c bet
ter for that variety than the previous
day, other varieties gained 4 to 90
bushel
August oats bids were firm anc
unchanged. while barley advanced 25C
ton to $2S.
Only eight cars or livestock enter
ed the North Portland yards over
night and the situation in general may
be considered unchanged so far a.
prices aer concerned.
Hogs are showing strength, an'
early in the session sales were made
at O9.S0, which is the high point re
Gently reached.
General hog market range.
Choice light weights 1925 a 9.S
Good light weights ...... 5000 81
N Medium weights ....,.... S.5OH Z
H Rough heavy .........,. H.OOn ~
III Cattle Market Quiet.
III Cattle market continues quiet d
III North Portland over night ther
III was a small run of odds and end
III General trade conditions are depres'
III ed, but no further price changes al
III indicated.
III General cattle market range:
Ill Prime light steers ......$7.00m Z. !
III Prime heavy steers ...... T2Oa ~
III Good light steers ....... 6.OO@6.2
III Stockers and feeders .... 5.OOG5.7
y Prime dehoned cows .... 5.15@5.2
Prime horned cows ...... 4.75Q5.O
Common COWS .......... 3.0OG4.0
Bulls Observation-Disclosures. S.5064j
Prime light veal calves. 7.OO@7.5
Prime heavy veal calves 100000
Mutton situation Strong.
Reflecting strength for all offer
/ inrs tho rrarlat fnr nutto, an