The morning call. [volume] (San Francisco [Calif.]) 1878-1895, 1891-11-19

of raisins was as large as this, and it is
doubtful whether we ever shipped, in
single month, so large quantity of dried
fruit AS had been foreseen, the production
OF fruit this year outran consumption, and in
order to save the crops, it became necessary
for growers to enlarge the capacity of their
drying-house This has been done in the
leading fruit counties, with eminently salts
factory results. Heneeforth, fruit-growers
who are careful to bestow upon fruit-drying
the care and attention and skill which
the business requires will be independent
of the demands of Gamers and consumers
of fresh fruit.
There is still vacuum, which, strange to
say, no one seems to be in a hurry to FILL
that is in fruit preserving. The world will
consume and pay liberal price for all the
high class fruit preserves which California
can and ought TO produce; but our product
thus far is very small. Housekeepers who
ask their grocer for fine preserves are offered
their choice between the New York or the
French or the German or the English
article.
Turning from California to the East we
find nearly the same good reasons for
fairly prosperous business. The large outgo
of wheat to Europe is causing portion of
the gold which went out few months ago
to return. An increase of Sh per cent iu
the gross earnings of the railroads in Oc-
tober as compared with October. 1890, in
dicates brisk movement in domestic trade
The bank cleariDgs in the seven large cities
of the United States in October compare
favorably with former years. They were
only once exceeded-in October, 1890; they
are nearly twice the ele2IiDgs of October
1880 Wheat, corr aud oats are all rising in
p'i@e, s9Qnsh the receipts at the Atlantic
ports are unprecedented. Cotton is shade
lower than it was q few weeks ago in con-
SEQUENCE of an unexpected increase in the
receipts. All branches of manufacturing
industry are active. The purchases of cot
ton for the mills in October showed an in
crease over last year. The product of manu-
featured iron and steel is the largest ever
known; and prices are the lowest ever
touched. except in the case of pig iron and
steel rails. For the first time on record the
w0oien manufacturers declare themselves
satisfied with the situation AMI do not COM
plain Of prices. The total foreign import
trade Of New York is about equal to that of
last fall, but the export trade shows an in
crease of Is per cent.
fake it all in all, business is active, and
ought to be profitable. Some failures are
reported. The collapse Of the Maverick
Bank was sporadic. 1t does not appear to
be likely to be followed by other bank fail
ures in New England, and the epidemic of
insolvency which broke out On the Stock
Exchange in New York few months ago
seems to have been checked. Here retail
dealers complain that their profits are small.
That may perhaps appear to be the case by
comparison with former seasons. There
seems to be no reason why good goods,
judiciousy bought, should not find market,
at a fair profit, both on this Coast and
throughout the country. But people seldom
realize that they are enjoying a period of
good times until they have passed away.