Los Angeles daily herald. [volume] (Los Angeles [Calif.]) 1873-1876, 1875-06-18
FINANCE AND TRADE.
HERALD OFFICE, June IL, 1875.

4
The foreign demand for gold still continues
and the rate ranges about III. Money in san
Francisco seems to be working easier, and
with the payment of semi-annual dividends
OF local corporations money is becoming quite
plenty. In Los Angeles the current rate is
one to one and one half per cent per
month, depending on The length of time and
KIND OF loan. Money is in good demand at
those figur' S, but with liberal supply i'm
provements and enterprises OF all kinds are
being pushed with vigor.
THE GRAIN MARKET.
The export corn and wheat trade in New
York has been very brisk during the past
week. Large purchases were made last week
in New York and Chicago for European ac-
count-mainly Belgium and Holland-c tus-
Ing an advance of three to five cents ON what
and slight advance in corn in the \ ew York
market. The closing rates OF Spring wheat in
New York last week were 81 l0gl %, corn 73c.
@S5c Flour had not kept pace with wheat,
showing noimprovemenI. The following are
the latest san Francisco quotations: Flour,
extra jobbing, a. s5@5 37i5. For wheat, 81 GA
81 6O@l 20. Barley, for feed, 81 S715al 40; for
brewing, 81 509 30 per Genital. Uats, 81 95a
81 Is: Corn, yellow. 81 5O9l IS; white, 81 57%
al 62Ia per 100 ms. Cornmeal, 2HWSc.
cALIFoRNIA CROP REPORTS.
We gather the following brief crop report
from our exchanges:
ALAMEDA CouNTY,-All sorts of fruit trees
look we'll. There will be a large increase in
the ape crop over last year.
CoLUsA-Some wheat fields are reported at
forty bushels 10 the acre. In fields that we're
cut for grain In the Spring, the gram has
sprou ed again and Is now green and will
make good hay. AL this has been done with.
out irrigation and no rain since January 20 h.
CONTRA CosrA-The wheat crop promises to
be as large as any uf past AearS. The crop Is
more uniformly good than ever known. Some
fields have suffered rom shrlnkage during
the late warm wea her. but cool and cloudy
days since that have done much to repair the
evil. There has been no loss from wind
threshing.
KERN-The grain crop Is fair ANA the hay
crop good. Farmers are In good spirits and
The ha yes Is progress ng LAY orabiy. ~
NAPA-The p aspect for fruit Is good. Grapes
nronise a fair yield, notwithstanding late
frost.
SoNoMA-Harvesting has commenced, and
the grain crop so far Is ab nut an average A
larger hay area vas sowed than II ual, and
the crop Is good, The volunteer crop is light
TULARE-The grain where rrgated is very
good, and many pl aces ON Tule riv,r and
Lower Kings rvef Will yield as nigh as fifty
bushels To he acie where here was no irriga-
ton The early >owed and deeply plow
| nrlds return good crops. The sheep men have
fine range so far.
YoLo--Heading and threshlng are progress
ing inrly. Although the winds made some
| havoc, yet II Is The best crop UPON our Srm-
| mer-iallow for six or eight years. Barley is
! not SO good us wheat. The wind destroyed
| abou three bu heels of wheat to the acre, taxi
! Ing this neighburhood through. Some farm
| er> have lost more and some less, hut with
| that loss arr harvesting over an average crop.
| Los ANGEL Es-lteports are quite favorable
! Tor Il full cl0p o. ce. calls and fruit. So far
! everything is favorable to the husbandman's
| prosperity and profit.
/ THE WOOL MARKET.
There is no improvement. In the wool mar
ket Manufacture RS uuy only for present
needs. In New York Spring California meets
with some demand, but sales generally are
| made at prices somewhat below gul = mar
| ket quotations. Fall California Is quiet but
| finn. Some. little excitement WAS cre,s Ell
| during the week by reported ia lure of the
| Blocking Wool and Lea her Compan,. To-
| geIher with the well-knOwn firm OF Strong q
/ Holland. In the former case 1t iurncu ,,ul
| that the manager alons, Henry Bucking, hitl
suspended, and he being connected largely