The morning call., 1890-08-27
CONDITION OF TRADE.
almost All Markets Seem to be
Tending Upward.
Higher Prices for Grain. Hay, Fesds.uH:,
Potatoes, Onions, Fruit, Hops, Sugar,
Coffee, Eggs and Coal.

Our local bank clearings fell back about ST.,
oOU, ZOO last week. putting US now about $4,000
GOO In arrears as compared with 1889 This is
the first cheek 20 Ihe steady gain which has kept
Up for some weeks. Otherwise general trade
shows 10 Interesting features. Silver has been
quiet during the past few days but The quota
lions have generally ruled firm. The speculative
scramble for money at New York, in which the
stock brokers had 10 pay 90 per cent for funds,
produced not even ripple on this market, The
furry being considered merely local and transit
Tory, aud confined to specuia ors. However,
money is firm on This market, though not quot
ably higher.
THE GRAIN MARKET.
Fluctuations in grain last week were not Wide.
Wheat trembled about the 81 40 point, and was
dull, owing TO the scarcity Of ships. Ocean
freights higher and stiff for the same reason,
AIS Cd being asked by the solitary iron vessel III
port.
Brewing barley has advanced under good de-
mand. Feed barley is active and steady al the
high prices.
- Gats has gone!up fraction all around.
The Central American demand for corn, which
sent prices up has been satisfied, for the moment
al least, and corn is now sagging again, though
ii Is still high.
Rye has declined under liberal arrivals.
Bran and middlings are in quick demand at
fancy prices.
GENERAL COUNTRY PRODUGE-
Tie hop market is the feature OF produce this
week. The price has jumped sharply from 22Is
cents 10 80 cents per pound and is still rising.
There are plenty CT buyers at 80 cents, for the
demand is sharp. OF the English market a local
circular says:
The continued rainy, cold weather in England is
resulting in honey-dew and blackDligh SO that the
condition OF the new crop is by many compared
with the situation of 1882. The London market is
very active though the principal attention seems 10
be paid to yearlings and old hops, which promise
larger proportOnate profits, if this is 10 be season
OF high values.
Considerable attention is being directed to-
ward potatoes. The Eastern crop is partial
failure and famine Is threatened IN Ireland, and
The humble potato Is again getting sensational.
Last winter we supplied our deficiency by I'M
porting potatoes from the East; now the tables
are TUNED and The East is drawing on us Hence
tbe market Is very strong and SLOWLY advancing.
Onions are also higher.
Hay is firm and in steady demand all over the
State owing TO the fancy prices for bran, ground
barley aud other feedstuffs. Good hay does not
have 10 60 begging this year.
Butter is quiet and In ample SUPPLY Cheese
ditto. Eggs aie on the rampage and choice have
advanced 10 3T1ac per dozen, under pronounced
scarcity. The quotation last week was 3212c.
Dealers in wool report fair trade at I'M
changed prices.
Dried fruits are unsettled. ApricOts have re-
covered from their recent depression ana are
again rising under good inquiry. Peaches con
tinue weak and quiet. Apples very stiff at
The high prices. as the Eastern crop Is about hall
failure This year, and that part OF the country
is calling oil US Tor our apples Tor The nrst time Ill
our history. The shipments generally take The
opposite directions Prunes are quiet ana easy.
White ncctarines are firm and wanted.
Fresh peaches and Bartlett pears have been In
eager demand during the week and prices have
advanced 10 4c and &c per pound In bulk for
peaches and SC TO 4c for Bartletts. There are
large returns 10 the grower in these prices.
AL descriptions of meat are In abundant supply.
GROCERIES AND PROVISIONS.
Sugar has Deen marked up by both local re-
fneIles and Is firm al the advance.
rgffe ri HnclkOflpr
Tie important advance that has taken place in
New York, owing to the scarcity of Brazil coffee
and manipuatons on that exchange-principaliy
for August and September delivery-has wrought 4
complete change in the condition and prices in this
market. These circumstances, and probably also
the belief that the warfare America would
diminish receipts from that country during the
next few months and, If continued, delay the
gathering OF the coming crop, induced several
prominent dealers to supply themselves Literally
and in excess Of their immediate wants. Prices
naturally stifened, and at the close note ad-
vance the quotations of last review OF 12c on
jar 10 PRIME a sgiG n Tu iSf aradnr
and 1a@34c on low and medium grades OF all de-
seriptions. The market closes strong. The demand
has been good for alt descriptions, but particularly
for Costa Rica, prices OF which were rather Tow
Sales were large, both locally and for shipment
TO The near States and Territories. and aggregated
1895 bags Costa Rica 7l94 Salvador and As Guate
mala, diminishing stocks In first hanis TO 5444
Costa Rica, u Nicaragua, 1850 Salvador and $3.50
ateiy larger The latest estimates Of the present
Brazil crop place IL at 100000 to 325e 900 bags
for RIO and 25UU,UUu 10 2tIoO,UUU bags Tor
Santos.
Rice is a shade steadier than last week.
Provisions show no further variaIious worthy
OF note, though the tendency In hams Is upward.
MackeIel Is higher.
Canned fruits have again gone up and are now
bringing very fancy prices. The Gamers con-
tihue Ofish and Independent aud seemingly care
little whether they sell or not Indeed, some re-
fuse TO sell. All are working 10 their full capac.
lily 10 satisfy the enormous Eastern demand.
Canned salmon shows no further change worthy
oil note.
MISCELLANEOUS.
The threatened advance In coal has at last
taken place. All Puget Sound Goals were marked
up Monday, and several Australian descriptions
have also gone up. The Wellington Goals are
UNCHANGED. local authority says:
1t is now assurance that the stock coal on
handto meet our winter demand will be barely SUI
hcient and it is so concentrated that liberal figures
will be asked aad paid FOR it. II quotations
marked up unreasonably competition win spring up
from coal fields along the railroad route, hence the
line Will be drawn at the point where the Eastern
Goals might come in. The Wellington mine is being
worked by few non-union miners, and the present
output is required locally in British Columbia.
There appears TO be formidable list to be loaded
and afoat from Australia. only little less than
1000 tons; OF these vessels Will not arrive
here this year. aud so cent OF this direct
large consumers for gas and steam uses, hence the
remainder is a limited amount for Jobbers and re-
tailers to handle within the next four To i've months
for domestic uses.
Dealers expect further advances, but do not
look for famine prices. They say that the boom
in coal of three winters ago did great damage 10
the coal market by causing people to turn TO
WOOD, gasStoVes, etc., ana lnete ~ no ueslIe 10
valve Is Inc wyoming and Rocky Mountain
Goals. which can be landed here AT a profit for
SO so 10 Sill per ton, and this Will operate TO
keep Tie local coal market from reaching the
famine ponr. Indeed, some OF this coal is even
now coming H.
Metals show little change beyond an improve
menI IN pig iron and lin plate. Quicksilver con-
time fiat and dull
Lumber is in good demand for export at the
northern mills.
A moderate call for tobacco and cigars is re-
ported.