The morning call., 1890-12-31
The Coal Trade.

The annual report OF j. W. Harrison, Coal broker,
for 1890 says o. Coal
This has proved very profitable year to all en-
gagged In this trade, especially to the Coast col
eries. as the ruling figures for the past six months
have left them very handsome margin over the
cost of production To evidence how marked have
been the fluctuations during the year. spot cargoes
OF Australian Coal changed hands In January last at
So rs per ton; some cargoes of similar grade were
sold last month at $l1 so per ton and only linn
tied quantity procurable at that figure These
exceptionally high figures were not the result OF
any combination or trust among the dealers: simply
the demand exceeded the supplies From May 18th
to September 10th Coal was shipped from the
wellington mine, and from August 25th to Noyem-
Der 10th no cargoes were loaded in Australia With
these two principal sources of supply cut OIL and at
o season of the year when most in demand the in
crease OF values be readily explained The
labor troubles having been amieaby settled, ship
ments are now coming forward freely and values
are declining English and Australian cargoes being
offered at lower rates for future delivery"
The circular gives the receipts for the year at
l,l97 1880 tons, against 35 1857 tons in 1883 and
1,3S6,i63 in 1855 The receipts OF Australian Coal
this year were only l94725 TONS against 4Os o32 in
1889. The receipts of Coast Goals this year were
4S2.0S0 tons. against AGO IA tons in 1889.
The prices for Australian Goals (cargoes) in De-
cember were Sll, against $l1 90 In November
showing a declining market. The circular goes on
to say:
ITO insure a correct statement of, the consump-
ton of the State have included all the arrivals at
San Pedro 70,954 TONS and San Diego 90, 1858 tons
"As the freight from foreign ports the principal
factor In establishing Coal values it is query how
our market Will shape itself in 1891 A seasonable
rainfall producing bountiful crops assures us
large influx of vessels that will be principally Coal
carriers This of course. signifies Iow-priced fuel
but the season Is not sufficiently advanced yet to
hazard an opinion. Notwithstanding we are now
receiving IS per cent of cur Coal from our Coast
mines, the local agents OF the northern collieries
regulate their prices by the import cost of foreign
grades.
"The imports of foreign Coke for the year.
amount to ID 500 tons, against 81 1924 tons last
year."
Produce Market.
FLoUR-No change in the situation Net cash
prices as follows: Family extras, 81 15@
25; Bakers extras, 81 O5@4 10; city supsrane,
S393 %; interior brands, s494 rs for extras and
$3aS3 25 y bbl for superhne.
wHEAT-Freights are quieter but firm at ASS for
IRON vessels, United Kingdom, Havre or Antwerp.
The chartered Wheat fleet in port has registered
tonnage of AZ 9i1, against $500 tons the same
date last year; disengaged, lO.750 tons. against
1854; on the way to this port ,433 tons against
10000 on the same date in 1889.
Wheat rules firm, In sympathy with strong for
eign markets. The quotations follows: No. l.
81 3215@1 1894; choice, 81 So; No. 2. 81 271s@
80; extra choice, for milling, 81 37La@1 40; So
nora, 81 2712@1 80 p ctl.
CALL sALEs-MoRNING.
Buyer go 900, 81 3lA; 1oO 81 81 BUYER
season-200, 81 4a1s. Buyer 1880. 81 4ss4 :
TOO, 81 40.
CALL sALEs-AFTERNooN,
Prices were higher. Buyer 80 = 2Oo 81 81
Fuyer season-40o. 81 AZ; 200. 81 43I4; 1900.
81 43ls 900, 81 1885. Buyer '9I-IO0, 81 491a ;
200, 81 49ss; 100, 81 s9s4.
BARLEY-Feed Is strong at the improved prices
For Brewing there is a fair demand. Chevaier
rules dull. The quotations are as follows: No.
Feed, 81 47is@l 1885 choice 81 SO; lower grades,
81 40; Chevalier, 81 55@1 50 for standard, 81 40
al 4213 for lower grades; Brewing, 81 5oll 80 q
ctl for fair to choice.
CALL sALEs-MoRNINa.
Buyer season-1O0. 81 49La; 800, 81 4s4.
CALL sALEs-AFTERNooN.
Prices advanced Buyer season 800, 81 So;
100, 81 60M; 100, 81 503s; 400, 81 501a.
OATS-Stocks are light receipts are moderate and
| the market is firm. Black, for seed, 81 1902 40
| o ctl NO White, 81 s21a@l 80; No. 9, 81 721a9
80; Choice. 81 921a: Gray, 81 S591 80; Surprise,
81 s0@2; Milling, 81 921a@l SO . cti.
CORN-lsoth Large and Small Yellow steadily
| changed at 81 271@@l 80 q ctl
RYE-Is In sufficient supply and dull at 81 271s@
BRAN-Qnotable at 500 2o02s q ton for the best
| brands.
MISUNDERSTANDING at s25@2s "a ton for the
best and $24 for other graies.
CHOPPED FEED-Qrotable at S31t028 q ton.
| HAY-The rain has not affected the market, which
continues steady. Wheat. $l2@l6 for fair TO good
and $l7gls for choice: oat, sli@,4; Wild oat.
$i0@la; Wheat and oat $i2@l6 SO; Alfalfa,
$l2gls 90 Y ton.
| MILLsTUfFS~sirouna Barley. ssl oo@s2 SO
toni The mills sell Oilcake Meaat $26 q ton net,
the jobbers charge s2S q ton: Rye Flour. 2s4c y %;
Rye Meal, 21aci Graham Flour, 2s4c; Oatmeal,