East Oregonian : E.O. (Pendleton, OR) 1888-current, 1916-08-19

rains have done cons derable damage
to the quality OF both the oats and
barley crops of the Northwest. Rains
have been general in the barley dis
tricts recently. Wheat harvesting is
being interfered with but little by
the rains and the damage has been
nominal
There was a generally easier feel
ing for wheat abroad during the day
on account Of the sharp decline at
Chicago recently, ana the bearishness
OF the Canadian markets. The fact
Of the matter is that Europe contin-
ues to hope against hope that the
damage reports from this country
and Canada have been overestimated,
and for that reason takes full toll Of
the temporary bearishness.
Barley market continues firm af'
fair; in fact, the market is somewhat
higher here than the stock can be-
sold for in the east or abroad. It
begins to look as is someone is either
trying to corner barley or else is
short.
Rroomhall cabled from Liverpool
that the wheat market was duh and
inclined lower. More reassuring re-
ports from Canada served to offset the
light export clearances Spot market
unchanged, with the exception of No
/ Manitoba, which is one penny low
er. Cargoes easy, Manitobas I'D
and winters is lower, United King
dom buyers are waiting contradictions
Of the general damage to Canadian
crops, while the continent is paying
present prices nd is therefore absorb
ing export offers. American damage
claims are insistent, but it is also re-
ported tha. there will be very little
fer export, as ii is believed that the
millers' absorption will be heavy ow-
ing to spring damage, so importers
viii need to look elsewhere.
France Reports are unfavorable.
Australian wheat shipments this
week estimated at 100000 bushels,
Prices remain high for exporters,
with import bids being raised. Freights
are strong.
Flour Selling price, Patent, s6;I
Willamette valley, $3.50; local
straight, S5.40@5.8O; bakers local,
Sj.SOm7.40: Montana spring wheat
$40: exports, $5.1Oa $50; whole
wheat $500; graham, So 90; rye flour
$500 per barrel
Hay-Buy.ng price, new crop: VIII
lamette valley timothy, fancy, SIG
1850; eastern Oregon-Idaho fancy
timothy, S1Sa2O; alfalfa, SAC g14.5O;
valley vetch. $l101i.5O; cheat, $lOq
1850; clover 5000 per ton.
Grain sacks-l9l6 nominal; No.
Calcuttas, II l-4@11 S-Sc in carlots-
less amounts are higher.
Mllstuffs- Selling price; Bran,
&24.5O. shorts. $26.50 per ton.
Rolled S65oa6.75 per bar
rel.
Chicago wheat closed with a gain
Of 3-S to &c bushel and this aid
ed tn local market later in the day
on the Portland Merchants Ex-
change bids for August wheat were
to &c higher than Thursday
August oats bids were advanced zoe
ton again. Feed barley was un-
changed. but an advance Of &c was
forced for brewing In san Francis
co the barley market was excited and
higher
There is an unusually great scarcity
Of offerings Of country killed meats
along Front street, and prices in gem
eral are somewhat firmer.
The strength applies to both yea!
and hogs. with demand ON both lines
better than offerings. It is generally
believed that the recent juggling Of
country meat inspection here had
much to do with the stoppage of ship
ments from the country, 1t is stat
ed that recent inspection has been
unusually severe, ana many farmers