The morning call., 1890-08-14
CONDITION OF TRADE.
The Outlook for the Balance of
the Year Is Rosy.
Continued Gain in Bank Clearings-Collec-
lions Impr owing - Money in Steady De-
mand-Boots and Shoes Higher.

Things look encouraging. Trade is stecdlly in
creasing and no complaints OF dull times are
now heard. Our local bank cearinas last week
were S17.250,92S. against S14, 794, 994 for the
same week in 1889. We are now only about
S6,oO0,Ouo behind 1889. and if we keep up the
rate or gain of the past two or three weeks we
will be abreast of last yeaPs business by Sep
TENDER LIST. The most gratifying reports are re-
ceived from the fruit districts Grain and pro
duce are bringing good returns, and, taken all in
all, the outlook Is rosy.
Collections are improving Money is In good
demand. aud in sufficient supply 10 meet The in.
QuiTy without enhancement OF rates.
THE CEREAL MARKET.
Cereals are not particularly active just now.
Corn Is lower under heavy arrivals Oats are
steady, but quiet Feed barley is In steady de-
mand, and firm. Old brewing barley Is actively
inquired Tor. Rye is dun.
Bran and middlings ate higher than for
months, and are marked up every day so.
Flour is in fair demand aud steady. Wheat is
quiet at about last weeks prices. The exports Of
wheat and -four reduced to wheat basis in July
were $40, 600 centas, against l,173, $50 centals
In July, 1889. OF the cOuntry's crops WASH
ingtOn telegram says:
There Is a reduction In the condition OF all cereals
reported TO the statstician of the Department of
Agriculture The decline from the LIST of July TO
the LIST OF August Is from 9.3l TO 1873 in corn from
94.4 to s3.2 in spr ng wheat, from sl.6 to 701 in
oats, and from 1873 to S2.S in barley The condi-
ton OF potatoes is reduced from 91.7 to TIA. A
fall of twenty points indicates the disaster which
has bef;llen the corn crop within thirty DAYS The
cause is the abnormal high temperature of the CEN
trail maize districts with nsufciency OF rainfall.
The returns of drought which cover broad area,
and the severity of the effects, have been more
general and depressing than the Signal Service
record or temperature appears to indicate. one
factor in the bllghtIng of vegetation evidently is
the hot winds that scorChed The lower basin OF the
Missouri and ohio valleys.
GENERAL COUNTRY PRODUCE.
Good hay is firm being in moderate supply,
while common descriptions abundant and
not over active. Beans are unsettled. Some
dealers claim as high as So for whites while
others give lower prices. The other varieties
are firm by common consent aud prices Tor
LimaS, pinks ana bayos have recently advanced.
The rise IS said TO be due TO Eastern orders.
While beans are closely held in the hands Of
several houses.
Potatoes are in ample supply and weak as
rule. Onions are not III oVerstock and are bring
ing good prices.
The boom in butter seems TO be over. Under
the cutlhrOat struggle Tor The control OF The
Humboldt and Crescent City butter between a
number OF local houses the price of butter ad
vanced from 20 To 80 cents and fancy brands
sold even higher. AS a natural result Eastern
butler poured In and buyers are now running OH
this and pcAled roll, both descriptions being
ObIainable at 20 cents and under This has
weakened fresh roll aud prices are now declin
Ing.
Cheese is queter and prices SHOW weaker
tendency.
All kinds OF choice eggs are firm at higher
prlces but common are quiet and not over
strong. Honey shows no particular change
Choice white comb In one pound frames Is 10
good demand, but two-pound frames are not
wanted For water-wiIite extracted there Is
good demand, but The darker hues are quiet.
Fresh fruits are now in good supply. The
cannerles are working up 10 their full capacity
ON contract peaches aud pears, and some plums
being used. Peaches ana pears are lower,
owing To heavier offerings and some canneries
have had to resell both varieties, being unable TO
Inn lilo nftarI nnG Pr ~
comparatively high Grapes are IN abundant
supply. Wine grapes from the Capay Valley are
sold al S15 10 SIG per ton.
Dried fruits continue 10 fuctuate. Peaches
and nectarines have advanced, aud apples have
recovered from their depi ession OF last week aud
are now in better demand. The inquiry for
why, and The price has declined from 1712 In
SACKS to 1919. Grapes and prunes rule firm,
with steady demand. More grapes viii be
dried this year than ever before, and growers
hope that tniS will help the market for wine
grapes.
Hides are strong at the advance and IN good
demand.
Wool is moving of more freely at steady prices
Hops are very nrm, and the tendency is stll
UPWARD. The English aud German crops
are not In The best condition, hence The
markets all over the world strong. The
New y DIRK and Pacific Coast crops look finely.
In Washington p cents has been refused, aud
some growers now ask % cents per pound.
Live hogs are higher. Beef aud mutton are
abundant aud unchanged
GROCERIES AND PROVISIONS.
Groceries show few changes this week Sugar
is in fair demand, but The general tone is one of
easluess, tile Total crop OF raw sugar through
out the world WILL 1t Is estimated, exceed that of
last year by $500 tons. The American Re-
fnery has reduced its prices 1sc per pound.
Coffee is moderately active and unchanged
fluctuations at New York nave not materially
affected this market. The Government estimate
OF Tie ia van crop, issued May 3lst shows a
large d. fclency for 1890. AT The close of Jam
uaIy the crop was estimated at 1880 piculs
INST n "a MN "a inn
date IN 1889 While at The close OF May II was
figured at 7l,81o piculs, against 537, 40 piculs
year before.
Rice is somewhat easier, owing to a falling of
in The demand.
Hams continue to tend upward in sympathy
with strong Western markets. Bacon and lard
show no change.
Almost ali brands OF starch controlled by the
combination have been advanced FAC per pound
for the various kinds OF packages.
Canned fruits aud vegetables continue stiff.
AS TO peaches ana aprcOts, most Gamers still
deciine to name quotations. The demand for all
fruits for the East is sharper than ever before,
aud the Gamers cannot possibly satisfy the de-
maud at reasonable prices Canned tomatoes
Ior future delivery are again higher.
Rather more trade In Alaskan salmon Is re-
ported. The Columbia River pack is now esti-
mated by the AsI0Ilan at 429,3O0 cases, against
an output OF 321 ,314 cases IN 1889.
MISCELLANEOUS.
Dealers In dry goods report more activity Re-
ceipts have been large of late and the INQUIRY
shows signs Of Improvement. The import trade
of New York Is very large, amounting In July 10
S14,215 ,OOo or more than Sl,000.000 larger
than In July, 1889. The imports for the first
seven months OF 1890 were S92, 1886, 700, against
SS1, 723, 600 during the came time In 1888. The
Imports for the past two or three months have
been a little IN excess of the demand, so that
there has been slight accumulation in bonded
warehouse.
Tobacco and cigars continue quiet.
In metals there are but few changes. Iron IS
nominal and dull. Lead is rather higher In all
positions. lin plate is firm Pig tin is weak at
a fractional decline. Quicksilver is unsettled
and duh. The receipts at this port during the
against 94S3 during The same period In 1889 and
10, $50 III 1888. The exports during the seven
months by sea were 1886 TASKS, against PISA In
1889.
Coal Is firm, as will be seen by the following
extract from a local circular TO the trade:
The light arrivals have served to further strength
en- spot prices, and some sales reported at in
creased figures this week for cargOes here and
nearly due. Light stocks on hand, the closing of
the wellington mines apd the near approach of
the winter demand, should comblnedy cause an
improvement of prices shortly 1t Is true the Aus
tralian list is swelling, but not half of the
vessels named can arrive here within the next three
passed out OF first hands, hence actually out OF
market. The Coast cOllieries profting by the
present demand for their output, and receiving
full value for their products; the present rates
asked for coal freights are somewhat against them
tonnage being scarce
Customhouse duties collected during the first
seven months Of The year were 81, I3i, 800, the
smallest showing since 1887.
Exports OF produce and merchandise by sea
from San francisco during The first seven months
oil The year were S22,307 700, against S21,-
96S,oOo for the corresponding period in 1882