Los Angeles daily herald., 1875-05-21
FINANCE AND TRADE.

|
unsatisfactory state than at our last report.
Gold has reached 1914 per cent. premium and
has an upward tendency. Greenbacks are
buying at S61a and selling at S7H. Grail and
wool are decidedly fiat, and will remain so
until the manufactures of the East are more
prosperous. With factories running on half
time or closed entirely, the price of wool must
continue low, and with factory hands out of
employment, the sale of grain and flour is
confined to the lowest possible amount for
necessary home consumption.
THE CROPS.
During the past week the crop reports have
been anxiOusly watched, and we are pleased
to record q much more fattering prospect
than we anticipated. The commission mer-
chants of San Francisco have dispatched
agents all over the State, and from the reports
already received we can make the following
summary: fEs
CONTRA CosrA-The early grain is ripe and
harvest commenced, The vineyards never
presented "a finer appearance
MoNTEREY-The bottom land will not make
a quarter crop. The high lands are much bet
ter and will yield an average crop.
| SoLANo-With the exception of late Winter
sOwn grain, will have nearly fair average
| crop.
| STANIsLAUs-The grain yield will be above
| expectations, the continued cool weather be-
| ing favorable. The most sanguine, however,
| expect only half a crop
YoLo-Wheat prospects good. The early
| Winter sown will yield 10 TO 30 bushels t0 the
acre, and the summer iallow will be as good
| as last year. Late potatoes are looking splen-
! did, but the hay crop is rather short.
SoNoMA-The general crop unusually large
! Wool crop arriving AZ PeIaluma freely. The
! grain cop about an average, and hay crop
| below the average.
MERcED-In this section ofthe San joaquin
| valley the early grain is ready for the header
| The summer fallOw and early Winter sowed
fields are fair yield, the grain Deing plump
ana sound.
tained, but the cool weather has dispelled The
| gloom Us to poor crop. A much better yield
| will be obtained than expected.
CONTRA CosTA-The hay crop falls much
below the average. Barley is almost ready
damage from the weather. The late sown
| wheat will take month yet to mature, but
generally there is u fair prospect.
This we have from our neighbors and our
| own county Is even more encouraging. At q
recent meeting Of the Patrons Of Husbandry
| the reports from all the Oranges were quite
satisfactory. The reports all agree in claim
| ing two-third to three-quarter crop, and in
some instances a full crop. With such assur-
| ances to our farmers we will examine the re-
| ports from other parts OF the country. The
| following is the latest from New York:
| The Daily Bulletin reviewing the home and
| foreign crop prospects, says that the latest ac-
| counts confirm the more conservative view OF
! damage u the crops by Winter killing. cold
| and backward Spring, with little TO add to
| former reports of The condition Of those of he
Atlantic States, There are, however, later
| dispatches from California and Europe OF q
| different character from those previously re-
| ceived. The drouth on the Pacific coast has
| been succeeded by rains which improve the
prospects OF the crops. Private kilograms
! agree ON 30O, ,0OU tons rs the estimated surplus
| for export. AS to the situation in Europe, dis
| patches state that owing 10 cold weather the
| crops on the continent are In as backward q
state as In the Western and Northwestern
| States. In France wheat suffered to q consid-
| erable extent and rye seriously; in some dis
| tricts snow interleres with the sowing; yet In
| the tace OF these statements European mar
| kets are dull and dropping, which does not
| indicate serious damage.
The receipts Of California produce during
last week were as follows:
| Flour, bbls........ 2,305l Hops, bales.......
Wheat, centals 26 49S salt, tons..........m 273
| Barley, centals.H9l 9l9l Hay, tons"....,.... ,3l9
Oats, centals..... SSl straw, tons. A
| Corn, centals..... 93ll Wine gallons.... 6, 1893
| Rye, centals...,... ..... Brandy, do .....-. $50
! Buck wheat, ,cntls. u Peanuts, sks...... .....
Beans, sks,........ l,625l Cotton, bales.. ......
| Castor beans, SKIS .... Oranges No......9 80 800
| Mustard seed, do. :. Lemons, n o......S2, 500
Flax seed, sks.... ...... Lines, N0...... ......
| Potatoes, sks..... 1850 Raisins, boxes. ..- IL
Sweet do, sks..... ..... Almonds, sacks. ......
Onions, sks.......... 4l0l Walnuts, sks... ......
Hides, NO......... 4,05gl Quicksilver, hsks ,l54
| Wool, bales...... 6,42Sl
| The receipts of wool at New York are begin.