The morning call., 1890-10-09
CONDITION OF TRADE.
The New Tariff Makes a General
New Set of Prices.
What the Local Bank Clearings and the Record
Of Failures Show-A Recovery in Wheat.
Decline in Sugar.

is good. we are now, Tor Inc nrst uine
since last winter, ahead of 1889 in cur LEGAL
bank clearings. These clearings for SEP
TENDER were SIS, ,G1S, against 81, 4SC, 713
in September, 1889 For the first nine
months of 1880 they were SOIL, S32, 500.
against S615, 0S1 ,62S during the same period
il 1880. This means that we have done
more business in 1890 than in 1889 by 81,
10000.
The record of failures makes less favor
able exhibit than the hank clearings. The
BradStreet MERCANTILE Agency reports 22S
failures in the Pacific Coast States and Ter
ritories for the third quarter of 1890, with
assets at S6gG,0T0: and liabilities S1,Si4, 1873,
as compared with 1863 for the corresponding
quarter OF 1859, with assets at S37S, 81, and
liabilities S7S2, 697. Following are the causes
assigned for the failures: Incompetency,
50; ineXperieuee, 20; inadequate capital for
the business undertaken, 81; injudiciouS
creditng, 10; complication of indebtedness,
l; personal extravaganza, s; neglect OF
business and bad habits, 10; excessive COM
petition, Z; unfayOralle circumstances.
floods, fires, etc. II; fraud. Is.
THE CEREAL MAREET.
Wheat has been depressed with down
ward tendency for some time, but yester-
day the market took a turn for the better IN
sympathy with hardening foreign markets,
and prices recovered a fraction. The de-
mand showed corresponding Improvement.
The exports of wheat and flour reduced TO a
wheat basis during the first three months OF
the current crop year were 3300,000 centals,
valued at S4, 529, 600, against 3 $4,000 GENITAL
at S., S24, 800 during the first three months
OF the last crop year. The exports OF -four
alone during the three months We're 26S, 202
barrels against 30J $50 barrels in 1889.
p.,fh 20 nd h1 RI lrn
and in fair demand. The best feed brings
81 3715, and the best brewing 81 90 These
are paying prices Oats are somewhat
higher than last week, though there are
large arrivals from Oregon at the close.
Corn has exhibited 10 marked change, be-
ing quiet and steady, as far as yellowS are
concerned. White corn is neglected.
Rye is dull at previous prices.
Bran and midulings have shown no varia-
ton.
Grain bags are dull and more or less nomi-
nal, as the season is about over. Oregon IS
still taking few.
GENERAL COUNTRY PRODUCE.
There were not many variations in produce
last week. C0lOTed beans declined with the
fair weather and are quiet at the close.
Fine hay is higher and firm at the ad-
vance. but common hay shows no change
Straw is higher and scarce.
Potatoes and onions show no material
cDanHe from last week. htttlplS OF pOla-
toes have been heavy, while those of onions
about balance the demand.
Butter is quiet and weak. Supplies are
not large, but buyers ale running on picked
roll, which is cheaper than fresh butter
Cheese is somewhat higher ard fairly
active.
All eggs are scarce. and fine ranch eggs
are now bringing 3712 and 40 cents per
dozen.
The fruit season is drawing to a close, and
grapes are now the principal fruit in the
market. Table varieties are in very large
supply and cheap, and wine grapes are none
too firm.
1t now turns out that the damage to
raisins by the late rain was Insignificant,
aud will prove practically MI IL the weather
holds fine ior a few DAYS.
Dried fruit is quiet Dried grapes are
higher in consequence of more or less dam
age to grapes on the vine by the rain. Pitted
plums have also gone up. Peaches are
weak, as there are good many Chinese
dried lots Offering, though a real choice
article IS held with fair steadiness. ApricOts
are steady and prunes quiet.
Dealers report healthy and fairly active
wool market, with disposition to hold for
higher prices.
Hops are dull and weak. The causes of
the recent decline are now said to be the
tight money market in New York, which
hampered the operations of all except the
heaviest dealers, and the receipt on this
market of large quantities of contract goods
sold comparatively cheap early in the season.
Dealers turned over these contract hops at a
profit, and unsold hops were consequently
offered in vain.
Hides are in fair demand and firm. Tai
low is active at small advance.
The meat market shows no change from
last week
GROCERIES AND PROVISIONS.
ln
market having declined several fractions
since last review. The demand for sugar is
fair Syrup is lower.
As to the coffee trade the private circular
If Il. HOchk0fer gives the receipts at this
port during tue first nine months of the year
same time in 1889 The sales from first
hands were 114,327 bags, and the stock Of
Central Ameri an in first hands October lst
Is, 527 BAGS. The circular says:
Without any feature worthy of especial CON-
ment quiet markei with moderate business at
former quotations chaIacteiiZes The condition OF
The articles here since our report Of the 20Ih ut.
The New York market, which had shown an
easier tendency for futures, has gradually i'm
proved and closes steady but duh. Receipts at
The port Of Brazil are increasing, and the latest
crop news is regarded more favorable.
Rice continues unsettled, but fluctuations
during the week were slight
Provisions remain active and firm at pre-
vlouS prices.
Canned fruits were active and firm at last
weeks prices. Canned salmon is in good
demand and Alaskan fish have advanced.
MISCELLANEOUS.
Tin plate has advanced to So 70 to Sc per
box, owing to the tariff. Shot of all deScrip-
tons has been marked up. White lead has
gone up to Sc. Quicksilver is dull and weak
at $50 as a nominal quotation per flask. Tie
receipts OF this article at this port during
the first nine months of 1890 v ere 1858 TASKS
against 1855 during the same period in
1889, and ~, 235 in 1855. The exports during
the first nine months of this year were 1852
TASKS, against $50 during the same period
in 1889
Some kinds of petroleum have been
marked up.
Tobacco and cigars are very firm and i'm
ported cigars have advanced materially, oW-
ing 10 the increased tariff.
Dry goods are reported unusually active,
and prices have an upward tendency, owing
TO the new tariff.
Coal rules firm and all Puget Sound de-
scriptiunS have been marked up dol ar per
ton since last review. White ash coal has
been advanced SOC. The WeliingtOns are
also rising. The private circular If !. Steu-
art gives receipts of coal at this port thus
far this year at 747,S20 tons, against S13. 5SS
9i5.00l tons in 1883. The circular says:
Although the product of the Wellington
mine continues very limited, being about 2O)
tons daily, the output OF other mines in Brit
ish Columbia keeps the supply good from
that quarter, the receipts from there being
2S,200 tons during last month against 27.5O0
against corresponding month of last year.
while tile receipts from Pacific Coast mines
would have been much larger during the
past month than they were but for the scar-
city of tonnage, which has been most unusu-
ally scarce on this Coast Tor some time
Latest advices from Australia report the
coal mines there as being still closed, and the
prospective short supply here has affected
the price Of this coal, spot quotations having
ben marked up considerably. Agents of
the various Coast coal mines have issued
cards making the customary autumn adj
vance III their respective brands of coal"
Produce and merchandise exports from
San Francisco during the first nine months
of the year were S26 $50, 500. against S2S, 1885,
100 during the same period in 1889. The
specie exports during the nine months were
S9,503,O00, against 9,13S, 900 in 1889.
ALLIGATOR HUNTING.
a Pretty Ta!i Yarn All The Way From