The morning call., 1890-08-07
CONDITION OF TRADE.
Continued Improvement in Bust
ness Perceptible.
Further Increase in Bank Clsarings - The
Ccffee Trade-Pronounced Advance
in Hides and Lsather.


to Increase. Those for July were S79,01o.-
SIC, against ST, ,952 in July. 1883. For
the first seven months of 1850 they were
S463, 6SS, 91S, against $780, 667, S3S for the
responding period of 1889. We have been
behind 1889 in these bank clearings ever
since the heavy rains of last winter, but
another month like July will place US
| abreast of them.
The failure record is rather against 1890.
| The BradStreet Mercantile Agency reports
ninety failures, with assets of $3.50, GIG and
liabilities of S503, 1903, in the Pacific Coast
States and Territories IN July, against fifty
nine failures, with assets of S133509 and
liabilities of $500, 4d6. for July. 1889.
THE CEREAL MARKET.
Cereals show no pronounced change.
| Wheat is quiet in sympathy with declining
foreign markets, and prices are somewhat
lower than last week. Wheat freights have
! also declined IS Cd, and are inactive.
| Barley, oats ana corn are steady at about
last weeks quotations. They are all rather
high. Rye is strong at 81 % to 81 30 per
Genital; a further advance.
Bran and middlings are in quick demand
at an advance.
| A few days ago, several bag-dealers. dis
| gusted with selling grain-bags below the
! point of importation, concentrated stocks,
aud marked up prices from GA cents to TX
cents. In this they were helped by the
short stock of outside bags, which had been
either bought up or taken for consumption.
| They were also helped by the limited sup
| plies, which are the smallest for years. But
as drawback, the bulk of this seasons
bags had already been secured by the farm
ers, and the season itself was drawing to
close. However, they marked the price up
| with the observation that even the ad-
vanced figure az cents was below cost of
importation. so after all, they really were
making no profit For day or so, every
thing worked well, and some sales we're
made at the syndicate price, but at the close
| il is whispered that the market, after all.
! proves inherently weak, and some holders
| are slyly letting go under 70 cents.
GENERAL COUNTRY PRODUCE.
Quotations for wool have been revised.
| The revision was doue by sellers who got
| tired of holding on, and was not wholly in
| favor of buyers. A fair trade is reported
at the reduced prices.
Hops are very stiff and 20 cents is freely
| bid for choice. Growers continue CON-
tident, however, and indisposed 10 SELL
| The English markets are very firm, owing
| to unfavorable hop weather in England
and Bavaria, and the inquiry there Is
| sharp
Hay is coming in heavily, but shows no
decline. Good hay is not Over-abundent
this year, and certain demand for it keeps
! prices up.
An Eastern inquiry for white beans has
! sent up the price of this variety from 50 10
| to 81 90. Holders are very firm and are
not disposed to let go. Other beans show
no particular change.
Potatoes are in heavy supply; quiet and
easy.
There has been sharp jump in butter
since last review. Several San Francisco
pnuaUnn 6RCnRrafa
for the control of the Humboldt ana Cre5-
cent City butter, aud this has upset the
market. Fancy butter is always more or
less scarce at this time of the year and the
market begins to harden even without eX-
traneous stimuants. The best butter is
now selling at 80 cents per pound. against
% cents week ago. Most dealers look for
lower prices later on, as the sharp advance
is likely TO attract heavy shipments of
Eastern butter, In which event this market
would be very apt to become glutted.
Cheese has moved up another fraction
and is in light supply. Ranch eggs are
scarce and have advanced to % cents to
271s cents. the latter quotation being ex-
IRENE.
Choice Water-white extracted honey is in
fair demand, but darker lines are dull and
weak. Comb in one-pound frames meets
with good inquiry, but all other descrip-
tiOnS are quiet.
Fruits continue to sell we'll The Gamers
keep the apricot and peach markets cleaned
up at fancy prices cents for apricotS and
81 to AZ cents for peaches. These quota
TONS are phenomenal. Plums are selling
to Gamers at S25 to $40 per ton, according
to variety.
Dried fruits continue to advance. Peaches
are now up to 20 cents. apricots to II cents,
uectarnes IL to 10 cents, grapes cents and
prunes II u as top figures. The demand for
almost all kinds is sharp, but most of the
buying is done at the orchard instead of
this market as in previous wears
Nuts Of the new crop are being contracted
for at - 10 13A cents per pound for soft
shell almonds and 81 to 1012 cents for wal
nuts. These are good prices.
Hides are in active demand both here
and in New York, and prices have made
pronounced advance. The market is in far
better shape than for long time.
All meats are in good supply at last
weeks prices.
GROCERIES AND PROVISIONS.
There is very little to be said Of groceries
this week. Sugar has shown no further
change. Rice is weaker, owing chiefly to a
falling off in the demand. Hams are a
fraction higher in sympathy with advanc
ing Eastern markets. Bacon and lard are
| firm from the same cause though no real ad-
Vance has occurred. The private circular
of r. HOchkofer gives the receipts of
| coffee at this port in July at 1860 bags,
against 1859 bags in July, 1889. The re-
| ceipts from January 1st to August 1st were
lZ4,UOO DdgS, aRalHSb l0l.lZD III the same
| period last year The stock on hand
August 1st was 37.119 bags against 50, 558
| bags August l, 1889 The sales in July
| were 989 bags for overland shipment and
1857 bags for local consumption. The cir
| cular says:
The market during the last ten days has bee
steady with moderate demand. Buyers continue
| their hand TO mouth" policy as evidenced by
| the fact that sales throughout the last few
| months average very nearly actual consumption,
| while stocks IN second hands are very moderate.
| Those 10 the Interior are reported small Tie
| demand lately has been mostly for all descrp
| tons of Guatemala. Nearly all the stock OF
| strictly good aud prime has been disposed of at
| 2iA@22 cents both for local consumption and
| again in good demand. Good unwashed Saliva
| dor Is held at 1874 cents but with no buyers at
| with some black beans, is now often substituted
| for The former, fetching 1402112 cents,
| but with little demand. The absence Of good
| prime washed Guatemala VIII prevent any large
| shipment 10 the central markets. Holders OF
| coffee are generally very firm, owing 10 the
sound position of the article In this market and
! to the favorable news from New York. The
scarcity Of supplies in that pOri, both spot and
| TO arrive IN The next four or six weeks renders
| 1t piObaDle that the present high values VIII be
sustained there until well into September The
| course OF the market alter that period will de-
| pend In great measure on the respects OF The
Brazil crops. These at the present time
generally estimated al from 100000 to 4. 1000,
600 bags, that Is 10 say either average or below.
| Tie war between Guatemala and Salvador has
| had no effect as yet on our coffee market
Canned fruits continue firm at the ex-
| IRENE prices, and most Gamers still refuse
| to name quotations. The demand is as
sharp as ever. The Gamers are paying
unheard-of prices for fresh fruits in their
eagerness to fill their ORDERS and apreots
are being taken at cents and peaches at
| 81 to Az cents per pound.
Canned salmon shows no change wort by
of remark.
Candies are lower in sympathy with the
recent decline in sugar.
Herrings are higher, aud Eastern cod
fish is also tending upward.
EXPORTS AND IMPORTS.
The record of the exports and imports of
the United States during the fiscal year of
1SS9-y0 is very gratifying. The total value
of imports and exports Of merchandise to-
gether aggregated S1.647, 1904, against
| 81, 4S7, 533. OF last year, or an increase of
| $1J9, COS, 1857, which is the largest aggrega-
ton of foreign trade ever reached in the
history of the country. The value of i'm
| ports of merchandise, which was never be-
| fore eoualpd am0unfpd IN C7SQ 29S S55