The morning call., 1890-07-30
CONDITION OF TRADE.
The Volume of Business Contin.
ues to Show Increase.
Fine Prices for Many Lines of Orchard and
Farm Produce-Cereals Advancing.
The Coffee Market, Etc.

As far as the local bank clearings are
guide we did S3,191, go more business last
week than in the corresponding week last
year. These bank clearings have taken a
turn for the better, and we may yet catch
up with 1889. The farmer and fruit-grower
are getting benefit this year. Some millions
OF dollars are pouring into the State for
our fruit. and there are authenticated cases
where single orchards have returned net
profits ranging from $40, 900 to $4,000 this
season. Again, cereal are bringing higher
prices than for some time, and are in de-
mand. This is the farmers year. and
everybody is glad of it. When the eoun-
try makes money the city does, too, and
times are good. Present prospects are
highly encouraging.
THE GRAIN MARKET.
Cereals continue firm. Wheat is now
selling at 81 372 to 81 40 for good to choice
shipping, and is in fair demand. Freights
are very stiff, wooden ship having been
chartered yesterday at Ais Sd, U. X, Havre
or Antwerp.
Barley is strong, and brewing has moved
up to 81 80 " as a top price. Feed barley
shows no further advance.
Oats and corn are steadily held at the re-
Gently advanced prices.
Rye is in active demand, but scarce, and
the price has advanced to 81 20.
Family and supertine flour have been
marked up 10 cents per barrel in sympathy
with the advance in wheat. Ground barley
has advanced 90 cents per ton.
GENERAL COUNTRY PRODUCE.
Some lines of produce are very active at
rising prices. This is notably the case
with dairy products, eggs, hops and dried
fruit. As for dairy products. the advance
III butter has been very sharp, the market
being almost bare and the demand brisk.
Cheese has gone up since last report, and
fresh ranch eggs are in good demand at
20 cents per dozen and even more.
Hops are stiff at 171a cents to 20 cents for
either old or new. Growers are very firm,
and buyers are now the anxious ones. The
Pacific Coast contracts now aggregate
large quantity, those of Washington
amounting to $4,000 bales out of an estiInat-
Will probably make considerable money
this year and everybody Will be glad of it.,
for the market has been against them for
several years.
Wool is reported in better demand at
previous prices.
Dried fruits continue to advance. Nee
tarlnes have risen to u cents to 10 cents for
red and IL cents to II cents for white;
aprlc0tS to II cents to 16 cents; peaches
TO 10 cents to IS cents; prunes to cents to
IL II NChlo anu uIlCu blupto W OI1 CtuIo W
4 cents. This is great year for dried
fruit Fresh fruit is firm on this market
ana stlll brings fancy prices at Chicago.
New York and Boston.
Raisns are being freely contracted at
81 10 to 81 % for fair to choice layers, Sep
tember-October delivery.
hay Is coming in literally and the mar
ket Is not over strong. Beans are unsettled
and trade is decidedly of retail character.
Potatoes are much lower than last week,
under large arrivals Onions are consider
ably higher under slender receipts.
Honey is in liberal supply, quiet and
cheap. Comb honey is selling low.
1he meat market is weaker under liberal
supplies. Mutton and lamp are somewhat
cheaper than they have been.
Hides are firmer in sympathy with
stronger New York market.
GROCERIES AND PROVISIONS
There are not many changes to record
under this head this week. One of the re-
tnerles marked sugar down and syrup up.
The condition OF the coffee market is thus
set forth i'll Mr.. HOchkofler's circular:
Business during the first Two weeks of the
mouth was excessively dull. but has assumed
little more animation IN the last few days.
Prices have remained n0minally unchanged, al
though some parcels OF Costa Ricas and Guate-
malas that were pressed on The market sold with
some concession in price. Good green unwashed
Salvador was held at the beginning of the month
at 1880 and sold freely sluce at l9t2c; at the
close, however, there more buyers than SELL
ers at this figure. Transactions since the LIST
inst. comprise 1908 bags Costa Rica, 2404 Sal
vadOr and 1880 Guatemala. The stock of Cen.
trai Americans In first hands, including 5544
bags received on the 2Oih inst. by steamers San
Bias aud Acapulco. consists OF 1882 bags
COSTA Rca, 1885 Salvador, 73 bags of Nicara-
qua and 12,719 Guatemala, in all 10000 bags.
In Brazilian ports receipts of the new crop were
very moderate, being retarded by rains From
July lst 10 21st, Inclusive, they averaged daily
6429 bags in Rio and 26l9 IN Santos, against
1867 and 1920 bags respectively, during The cor
re- pOndlng period of last year.
Operators in. coffee will be interested in
the following from the New Y ork Shipping
List:
The experience OF the past few years In coffee
speculation has Induced the Board of Managers
OF tile Coffee Exchange TO propose radical
change In the rules that now govern option TRAD.
Ing. the purpose being to broaden The field of
operations ana al the same time make IL more
difficult 10 obtain ana hold control OF the market
by the methods Of manipulation now In practice,
aud which ii is claimed have injured the trade
OF This port. Under present regulations the trad
Ing Is confined 10 Brazil coffee and only Rio
Santos grades are good delivery; but 1t is now
proposed 10 Include as a good delivery the de-
scfiDtI0ns OF coffee grown III the North, South or
Central America aud he East or West Indies.
Under tile old rule 1t has been found possible.
when on account OF short crops tie supply from
Brazil has been reduced, for spectators on the
bull side 10 work prices up by CT yer manipuia-
ton, and, after accommodating "A sufficient supply
OF actual coffee, to virtually hold the market at
their Will until the Coming In of supplies from
The new crop weakened their position. The
with these pernicous corners.
Rice continues to go up, being stimulated
by short crops i'll Japan, moderate stocks
here and higher rates of exchange. The
demand is good.
Canned salmon continues dull and weak.
provisions are steady as rule, and hams
exhibit an upward tendency in sympathy
with strong Western markets.
canned fruits are in the same condition
as last week. Most Gamers refuse to sell
at any price, and some decline even to
ming nights and Sundays to fill the enor-
nous Eastern demand. Those Gamers who
are able to sell have advanced prices to a
point far beyond that which was cOnsid-
cred prohihitory three or four weeks ago,
but 1t does not seem to check the demand in
the least. Large lots for Eastern shipment
are now selling at 81 - to 81 80 for peaches,
81 90 to 81 70 for apricots, 81 for pears,
VI 5O Tor plumS, per dozen cases, and so on.
These are bonanza prices.
GENERAL MERCHANDISE.
MERCHANDISE shows few changes. Glu-
cose is 15c per cwt higher. Tobacco and
cigars are reported unusually dull. Dry
goods are quiet and prices show no particu-
lar change. The imports of dry goods at New
ork Tor June were precedentedly heavy,
amounting to 15,4S6,500 against less than
SI.OO0OO0 for the same month last year and
6,539, 600 two years ago.
The imports for the fiscal year are the
heaviest on record, amounting to S146,-
$4,000.
Tin plate has advanced to SIS to So % per
box. Pig tin is dull at previous prices
Coal Is firm. as stocks of foreign are mod
crate and the Wellington strike is not yet