Los Angeles daily herald., 1875-07-02
FINANCE AND TRADE.
HERALD OFFICE. July !. 1875.

HERALD OFFICE July !, 1875.
The shipment OF gold TO Europe still con-
tinues, and gold Is on the rise. The treasure
shipments from New York for he week end.
ing June 10Th were nearly as large rs the to.
tai imports ofspecie and b,ilion ut that port
for the past six months. TIE amount shipped
was S6,237 900, and all of t went "a England
and Germany, except s7Geb sen; 10 Cuba.
Nearly the entire sum was Ia Ancii,.a gold
coin. We believe This 1, th,. latgesi weekly
shipment this year. The l1ial seu; of since
January lSt to June 10Th com pa es ~ follows:
1872. S32,S S 3 6G0 s74..s 1856 lOu
lS73"........ 24,927, 400 So. ...... 1876 81
Gold to-day is reported NJ u. premium and
green backs are s5fsSs
THE GRAIN MARKET
European reports say the Rrain ma "ket is
stiffening, on account OF the ti9ot in France
and unflvorahle American reports Crops
are good In Engl md, Germany an russia,
but are poor IN Hungary ard France The
Southern States Of this country vii. have the
largest wheat crop IN their history. thc sur
plus in reAas being about 2000, $50 bt,s.el-. in
New York h market was as follows: Spring
wheat after advancing and rec dug, closed
about as II did this day week-si !Ol,l 20.
Winter is iower-Sl S0ti b. Corn has de-
clined to 7SaS2c. Shipping grades Gf flour re-
main about steady, or say 81 30 as 70 for Spring
wheat "xtras. The Liverpool wheat mark
is reported mt IS l0dm9S Id Tor average Calli ,-
MIA ard y 2,'Gt.,S 81 fpr club.
CALIFORNIA CROP REPORTS.
The unexpected rains of a recent date have
undoubtedly done harm, but, as usual, the
damage Is exaggerated. In most of the cOun-
ties which suffered from this untniely visita-
ton close Investigation shows that the ac-
tual damage is not great, and, in several coun-
ties, the damage TO grain is more Than bal
anced by the benefit Ia other crops. We have
not the space 10 make the cooious extracts we
wish, but the general outlook is favorable.
THE WOOL MARKET.
Eastern reports show an insroved wool
market for the finest grades, but still the
market lacks that life which dealers and
buyers generally believed would prevail ri
this period ofthe season. Manufacturers are
far behind In the total amount OF Fall grades
manufactured so far this season, for though
some lines are meeting with fair demand,
the goods market, generally speaking, Is
without life. with prices very much in favor
of purchasers. Foreign clothing wool contin-
ues depressed, and holders are in many in
stances shipping to Europe, as tn" condition
of the English market is reported as being far
better than here. Fleeces arrive very slowly,
as but few purchases have been made, owing
fornia Is weak, but considerable business has
been done at lowest prices. Fall continues
steady. Texas is being received quite freely.
The choicest grades are sold above the views
of purchasers. Coarse grates sell quite free
ly at steady rate. Among the sales have been
50 n0I NJ. Of fSpring California at 29(f25c 900
ihS. lAng staple do at &c.,; % bags bury do at
93l49?sr 1900 lbs. do. old at 2lc; l75,009 bs.
Fall at I8G20c.
The Boston report says:
The demand for wool has been fair, and
sales have been up to the full AVERAGE, com
prlsing for the week upwards of 15D.ht0 pounds
domestic, Spring California. combing and de-
laine fieeces aud unwashed feeces. There Is
no change to notice In prices. The market Is
now settled on basis of some to 8 cents per
pound lower for all Kinds than current rates
some months ago. The demand for California
is good and manu- acturers evidently find
this wanl the cheapest of any now on the mar
ket, IL costing s. to soc. for secured. Sales OF
the week have been t23,0O0 lbs. Spring, nclud-
ing some fancy clips, as high as 3S@Si0'., but
primo pally ON S0d35c. for good and choice
Spring arrivals have been large, and holders
are working OF their stock aS fast as possible,
as prices are rs high now as they are likely to
be for some mont hs to come. In pulled wool
very little has been done compared with
transactions for some previous weeks. Recent
sales Includ,. Ohio and Pennsylvania fleeces
XXX and xxx, at 50@ &c; Michigan al 47c.
New York and Western fieeces at i5a5lc. ;
washed, combing and delaine, 5tG6,c,; un-
washed do. do, 3S150c; secured do. do. 5fGS
7Sc.; tub washed do. do, 5505Sc.; super. sic ;
pulled, 45954c.; Spring, 2O940c.; California
Fall, &c.
san Francisco rates are as follows:
Choice long. q .....2i i27c
Good shipping l6dlSc
Heavy free, zoe
BURY, q h
THE HIDE MARKET.
New York r-p,rts say there is little or no
demand for California hides, and pr.ces. n
consequence. atet rlif y nominal
uun I4CNL MARKETS.
Wholesale dealers rcl1.t a fair mid ummer
trade. The retail grocery, pro..uc.. ana fsuit
dealers a,e enjoying season of great activity.
The vegetable market is well supplied and