The morning call., 1890-05-21
CONDITION OF TRADE.
Last Week Showed a Noticeable
Increase in Business.
Sugar Higher-sharp Advance in Quicksilver
The Dry Goods and Coffee Trades-Gain
in Bank Exchanges.

Trade, as far as the iobbers are concerned.
was better last week than for several weeks.
Still, it Is not lively enough to boast abouf. M
best But we continue 10 gain on 1890 in the
matter OF bank clearings, which were Sl89I2-
1884 last week, against SIC, 763, 6O5 for the same
week last year. As long as we keep this I'm we
are all right. Money is now In ample suppIy for
all commercial purposes and collections are no
harder than they have been.
THE GRAIN MARKET.
Cereals are all quieter. Wheat is dull at 81 321S
the lack OF ships preventing business. The first
new wheat OF the season has been received from
Kern County, selling at 81 80 per ell. This is
the earliest arrival of wheat ever known. Wheat
fregIts are very stiff, wooden ship having been
chartered at 37s Cd for United Kingdom Hayre
or Antwerp.
Barley Is quieter and not over strong Though
quotations are not positively lower. Brewing
descriptions are dull as the brewers are NOT
buying at present
oats are shade weaker than they were ten
GAYS ago and trade Is not at all active. AT the
present high prices nobody buys unless actually
compelled 10. Ii is reported that the Corner is
letting 20 In small lots at The outsiders Quota
lions.
ECOrD is now pretty much In the control OF one
house, which holds The market squarely up 10
quotations, but as In the case Of oats BUYERS
purchase only when obliged to.
Rye Is dull aud neglected aud some sellers have
Withdrawn their offerings IN disgust.
Buck wheat is also neglected and weak
Bran and mddlngs have been maraed down
DO cents per ton.
GENERAL COUNTRY PRODUCE
Overland shipments of produce and merchau-
disc from California via Sou bern Pacific lines In
April were 47,2SS, 100 pounds. The leading
items of produce were as follows: 1852 cen.
tails beans, 46O5S gallons brandy $50 2O3 gal
Ions wine, 3, 472, 80 pounds canned goods 4i3
go pounds dried fruit, 65O6. 800 pounds citrus
fruit, 256.450 pounds raisins, 245 $40 pounds of
hops, 592, 62O pounds hides, Az go punnds
leather. 3,2l5,3l0 pounds wool, 572 $50 bounds
vegetables, 1,294,390 pounds canned salmon
l6o,l9 80 pounds picked salmon. Attention is
called 10 Tue shipments OF vegetables The truck
farmers say that with a profitable freight rate
East California fresh vegeta bles can be landed M
New YORK In large quantities at a Steady profit.
This Is new California venture and promises to
be successful.
Vine continues steady. A sale is reported of
whole san Jose vintage OF 10000 gallons
crop of 1889, al 5 cents 10 8 cents per gallon:
also sales of Napa red wines at IA cents and
white al l6 cents 10 Is cents. These prices are
low, put they are an Improvement on Those OF a
I months ago.
Dried fruits continue dear ana nominal. with
few desirable round lots OF any kind in mar ket.
New honey Is coming forward and some re-
ceiVers are trying to sell on the basis OF prices
Tor OLD crop, but the regular market has mol yet
Deen established.
Hops are strong at 10 cents TO IA cents ner
pound. Some lines OF prime TO good have been
closed out at ID cents. Trade from this on TO
IT..
there are not many hops left here.
Wool Is stun aud active, the weekly sales rang
ing from bOO,OoO TO 100000 pounds. Dealers
are contdeut O1 Tie future, aud snow their con-
hdence by holding many of their iine woods for
sill higher prices.
Some dealers report hides active and some in
active. Prices show no Change.
Beans are quieter, with decline In pInks
Inc whole market Is easier aud offerings are
larger.
Although the haylug season Is now well under
way good nay Is hrm both here and III the coun-
try. aud prices for the best grades have gone up
a per lOn lhe market seems TO be in better
shape than at Inis season for several years
Butter aud cheese continue very weak aud
widespread discouragement among the dairy
men Is reported Eastern butter IS agai II com
Ing in, selling at cents 10 10 cents per pound
This Eastern butter does not Just at this mo-
ment compete with California butter, being very
poor Dut II IS cutting into the lard trade very Sc
riously as II IS cheaper than lara and Is being
used III preference Tor cooking. Good eggs have
advanced under an improved demand but low
grade eggs are hard to move, and there are large
stocks OF Eastern eggs on cold storage.
The meat market Is heavily supplied with all
Glasses, ana prices show no particular CHANGE
GROCERIES AND PROVISIONS.
sugar In New York declined lately and here
some 1obbers have been making concessions on
round lots, but more tone Is now reported in
TACT, the California Refinery advanced It's Isis Ia
cents per pound yesterday. The demand for
sugar has been BRISK on The Atlantic Coast for
sumo weeks. Inc overland shipments OF sugar
from California in April were large, amounting
10 1857, 43o pounds.
NOutt iuIcS lulet anu pr ices show little change
overland shlpments fIOm California in y prll
were 10000 pounds, or ,543 $50 since Ian
uary Isl, against l, 1928, $50 pounds for Tue four
months ending April 30, 1899 During the
month OF Apfil the stocks In Europe Increased
l76,oOO bags, ana Oh May 1st, The worlds visible
supply was z32s3o9 bags more than the month
previous.
The movement at the leading four Atlantic
se"6oard roils Continues fairy active. The i'm
potts Tor April were 20, 4o6 tons, ansiucrease of
5000 tons over The same time last year Despite
THIS large increase III imports tue stock May st
was only 22,536 tons, 1900 tons less than was
on hanu year before. Tue quantity takeu for
consumption IN priI was 10, 52l tons, or 5000
tons more than lor the same month last year.
as wen as being the largest for any month THIS
year.
The upward movement in rice was checked
lew days ago by the arrival OF 10000 bags from
Hong Kong, but the market Is fairly steady al
the close Imports OF Chinese rice al this port In
April reached 3,77l ,6O4 pounds making total
since June lst OF 300, 400 pounds. or Isia nd
rice $500 POUNDS were received last mon til,
or total since June LIST OF 5000, 800 pounds
Provisions are fairly active. Hams and bacon
are generally hIm in sympathy with strong East
cru markets. Lard Is quieler. As tile cheap East
ern butter now coming III Is being taken III pref
crence Tor cooking.
Canned fruits continue in fair jobbing demand
at about last weeks prices. Canned salmon
rules very dun and prices keep low. Some sales
OF Columbia River for forward delivery 81 271a
TO 81 30 are reported, aud Of Alaska al ST.
During April 1S,49l Gases were shipped east by
rail.
MISCELLANEOUS
also sell fairly, though there is considerable com
plalut oil duuess by the retailers.
lhefe Is pretty good Inquiry for dry goods
ana prices as a rule are firm. The Imports al
New York during the first four mouths OF the
year we're S54, 972,500, while the goods mar
keted amounted 10 S55, 86l 900 During the
same period last year The goods imported figured
w 300, $780, 600. ana the goods marketed SOB
900 Inc imports for the first ten months OF
Inc Hscal year aggregate Sl22, 994 600 Thi, ia
nearly S7,OUOOUO larger than for The same lime
IN tile previous hScal year, and with the ey cen
li0n OF lofl-I2, Is the largest total on record
- Beyond an advance OF so cents per ion in
Soulhhed Wellington, the coal market shows no
change. Wheat fTeights have made another al.
vance ana thiS lendS 10 Increase future supplies
The weeks arrivals were 25, 600 tons A local
circular mus gives the situations:
complaints are very general OF business being yerv
quet ana prohts being cut very fine TO secure sales
more especially for steam purposes some grades III
northern coal are hand ell on very small margins
ING prices pild oy consumers are high enough but
tAo redoeu wages paid to the miners, t1e en-
nanced freight rates for transportation have eat n
ihto the prohts. English and Australian Goals are
IA 'eiS hght supply Recently two cargoes OF the lat
yer, now on the way here, at SO cents ner
ton above the asking prices for the same Grades b
ioaueu TWO months later The last quoted freipb
ta.eS S Dy caoie from Australia are the as last
wee anu some lew cargoes have changed hands
mere IS not the same disposition To Sell rargoas
snort Ior future delivery that was displayed last
mouth. English freight rates are stiI shrfnki,c,
and are now approxmating to figures at which caafs,
may he shipped. Some OF the Incoming rrain sect
ers from Great Britain Will assuredy be Coal carriers
later In the year. 'ei'
Quicksilver has gone up to $50 uer Hask n
sharp advance. 1t is affected by local scarcity
aud rising foreign markets
Exports OF merchandise from New York from
January lst 10 May 1st were SllO,O73o 900
against imports Of STAGE 600 Dmrin,, ~.
same time last year the exports were SiI zee
600 aud the imports Sl65, 5oO,o 900. ''''