The morning call. [volume] (San Francisco [Calif.]) 1878-1895, 1890-11-19
CONDITION OF TRADE.
Enormous Shipments of CalifOr.
mia Produce Overland.
High Prices for Barley, Oats AID Corn-A Fur.
Their Gain in Bank Clearings-The
Future Coal Market.

. lITOuHuOuI lllb CIdlb Ol
is good. Here in the city il is fully up to
the average Of years at this season, and is
better than last year, as our bank clearings
continue to gain. Last week they we're ST.
600. against SIS, 400, COO for the CORE
spending week last year. Our shipments of
produce eastward overland are simply enOr-
nous, as will be seen by the figures, those
for October amounting to 80 So, 900 pounds,
or 1876 carloads, against 67,024, 900 pounds
in October, 1899 The shipments last month
beat the record. The total shipments from
January 1st &c November 1st this year reach
504. l45,12 pounds, an increase over the same
period last year of nearly 100000 pounds.
Not only we're this years shipments much
larger but they brought much higher prices
East than those of 1889. With this showing
who can say that the State is not increasing
in prosperity. The shipments in detail ap-
pear below.
Silver has declined to 99h cents per ounce
in New York, and this market is largely
nominal in consequence. During the recent
financial stringency at London and New
York our local funds were in abundant
SUPPLY at ordinary rates OF interest. We
appear TO be almost wholly independent of
the other great financial centers in money
affairs, as indeed we have always been.
However, some lines of merchandise, such
as hops, coffee, etc., which are largely de-
pendent on the New York market, are quiet
and nominal, in sympathy with that market.
THE CEREAL MARKET.
At the close wheat is weak at decline.
both In options and actual grain. The En-
glish markets are lower and largely I'M
settled, owing to the recent financial furry
there. This market remains inactive.
Barley is very strong at further advance
in feed and brewing. No. feed barley is
now 121h cents per GENITAL higher than No. l
wheat, an anomaly 1t is closely held and
sellers have the market pretty much as they
want it,
Oats are even frmer than barley. They
have made radical advance since last re-
view, as will be seen by the quotations
elsewhere. The market is in the ands of
two or three houses, and buyers are wholly
at their mercy. Offerings are light.
Corn is another booming cereal 1t Is
practically colnered, and none can be OBJ
tanned under 81 49, and some dealers are
asking even more.
Rye is quiet and unchanged
All feedstuffs are high and stiff in SYM
pathy with raw grain.
Flour IS quiet at previous prices.
GENERAL COUNTRY PRODUCE.
The leading items of the freight for
follows: 1854 centals beans, 90, 923 gallons
brandy, 623.386 gallons wine, 12,966,720
pounds canned goods, 2,5S1, 400 pounds
dried fruit. II, 599,940 pounds green fruit,
S,973,67O pounds raisins, 457,690 pounds
hides, III $50 pounds honey, 1,5l3, $40 pounds
hops, al, 40 pounds leather, 57S,S6O pounds
nuts, Is, 1853 centals potatoes, $50 pounds
quicksilver, 3,264, $50 pounds wool, 304, 400
pounds vegetables, 1,l06, 400 pounds canned
salmon, 201 ,010 pounds picked salmon. 1t
In nat nutc of oil,
dried and canned fruits and raisins are still
running very large.
Hops are quiet all over the world, as the
money stringency in New York and London
checks trading. Prices are unchanged.
London cables report brewers buying only
the cheapest English hops, but that better
prices are looked for. Stocks on the Pacific
Coast are very much reduced.
Wool is quiet and not firm
Hides have again declined and are weak,
dull and demoraliZed.
Hay continues easy, and dealers report
less demand. This is rather singular, as all
feedstutfs are remarkably high, and most of
them are still tending upward. Receipts of
hay, too, are moderate, still the demand has
distinctly fallen off.
Beans rule unsettled, with further ad-
vance in BayoS, which are scarce and
wanted Pinks are STEADY; Limas are quiet;
whites are freely offered and weak.
Potatoes and onions have shown no pro-
nOunced variation since last review. The
latter are high.
All grades of butter, fresh, picked and fir
kin, have again gone up and are in light
stock. The picked descriptions are getting
scarce and show pronounced tendency
toward still higher figures. The holding off
Of the usual fail rains Is helping the butter
market upward.
Cheese is in light supply aud quick de-
mand at comparatively high prices.
Chico honey is very firm and the higher
grades of comb have again advanced Stocks
are not heavy.
Eggs are generally easy, as the market is
very heavily supplied with Eastern goods.
Fine California ranch eggs are still bringing
good prices, however
The poultry market has been glutted for
some days and prices are accordingly low
and weak.
Dried fruits of all kinds are quiet. Prunes
show some tone, but peaches, apples, pears
and figs are weak and hard to sell. and sell
ers have TO make concessions. Even then
selling is difficult.
Walnuts are weak and freely offered, but
almonds and imported nuts of all descriptions
are firm. Brazil nuts, pecans and flbeItS,
are scarce and stiff.
Conflicting reports from New York con-
corning rasins are received. Some roint to
scarcity there, while others indicate the
reverse. The local market is quiet AMI fairly
steady. Tie New York Commercial Bulle-
TIN Of November 18th says:
NO less than six packers OF California raisins
nave already Withdrawn quotations on strictly
hfst-ciass Loose aud layers. In other words they
are out OF the market apparently for the balance
OF The season. The packers referred to 10 some
Instances state plainly that 1t Is Impossible to
NIL all the orders 10 full. Nearly everything
Ing forward Is taken up for deliveries on con-
tracts, leaving very little supply here outside
what may be held by jobbers and few OF The
latter have more goods than their trade requires.
The lower grades Of raislns are Ia fair supply,
and tie chances are there will be a considerable
quantity OF the same here before the holiday
season closes, ana that such goods may evidently