East Oregonian : E.O. (Pendleton, OR) 1888-current, 1916-08-08
1O,OOO,OOOBu. Of Wheat Sold to Date

PORTLAND, ore, Aug. 6-Mor,
than l0,OOO,O0O bunsncls OF the new
crop OF wheat have been sold in the
Pacific northwest TO date, this beinl
tho greatest selling movement shown
for many years At the start Of the
season. Some Of the leaders OF the
trade are inclined to place estimate.
Of sales even higher the figures rang
ing as high as 100000 bushels.
with the exception OF Saturday
when the farmers decided that they
would hold for awhile, the selling
movement OF wheat at various Pa
cific northwest points was unusually
heavy during the week.
There was an erratic tone in the
Chicago wheat trade early in the sea-
son with some showing OF weakness
but firmness was shown in Europe
and In other foreign countries.
The most sensational news Of the
day came from South America. Ex-
ureme damage is said TO have been
done the crop of Argentina by Sc
we're frost The Rosalia market open
ed strong with prices l-2c higher on
this account
Some charterlng to carry Pacific
coast wheat has been done by local
interests via the Atlantic coast. Sew
eral cargoes are expected to go for
ward this month from there. 1t is
stated that charter rates are being
held firm around llWl2 shillings
from the Atlantic and that little Of
fering OF vessels for shipment after
the middle Of September is available.
BrOomhall cabed that Liverpool
spot wheat was unchanged to I'd high
er. United Kingdom weather Is cool
and wet with the crop outlook not
promising County offers there are
very light and tightly neld
Franee-Weather is unsettled with
showers and warm. Harvesting is
progressing under unfavorable condi-
tions. Demand for imported wheat is
good.
F1our-selling price: Patent, $3.50;
Willamette valley, $3.50; local
straight. $3.50. bakers local, t540@
Z. Montana spring wheat, 81 exports,
S47O@AsO; whole wheat, $3.50,
graham. $3.50. rye flour, 1886 per
barrel.
Hay-Buying price, new crop; Will
lamette valley timothy, fancy yl6@
Is; eastern Oregon-Idaho fancy tim,
othy, SlSQ2O alfalfa. sl4Wl45O.
Grain sacks-l9l6 nominal; No.
Calcuttas, II l-4Q1l 3-Sc in carlots;
less amounts are higher.
Millstuifs-Se Selling price Bran,
$3.50, shorts, 22S5O per ton.
Rolled oats-s6,25 a $50 per bar
rel.
zLocal wheat bids were lower &c to
4c a bushel during the day, Chicago
closed with a loss Of &c bushel on
profit taking
Oats bids were unchanged but bar
ley bids were again soc a ton higher.
The annual election OF officers of
the Portland Merchants Exchange
was held during the day, Those elect
ed were President, X. j. Patterson
secretary A Cohn.
North Portland showed that 1t coul'
come back in force when the oppor-
tunity was ripe and quality consider
ed was probably the highest market
for swine in the entire country
sales OF top swine were made dur
ing the early trading Of the first day
OF the week at 1915 or 4jc advance
over the figures which ruled toward
the close OF last week and 4Oc above
the extreme record Of last Monday.
First Of all to create such bullish
feeling in the swine trade was the
very limited arrivals recently. over
sunday theer was an especially small
showing Of hog supplies IN the local
market. totals being but 1854 head.
General hog market range:
Choice light weights ...,Ss,IOn go
Good light weights ....... 95Og 9.oo
Medium weights ........ 9lOg 9'Z5
Rough heavy ,.....-.....,. SIOq s'VV
cattle Market Quiet.
Quiet tone continues in the cattle
market at North Portland with