The morning call. [volume] (San Francisco [Calif.]) 1878-1895, 1891-06-03
CONDITION OF TRADE.
The Month of May Makes a Very
Creditable Record.
Sharp Drop in Coal-Hay and Cereals High
Groceries Quiet-The Lumber Trade.
Bank Clearings, Etc.

oSpeCldI feature. From now until the
lar mers finish harvesting there will prob
ably be little to break the routine of sum-
iher trade, unless some uphedval now I'M
foreseen occurs.
San Francisco bank cearings last week
were Sl3,S99, 241, against S13, 722, 800 for the
same week in 1890. For May there were
S10,O90, 753, against $50, S95, 112 in May, 1890,
and for the first five months of 1891 there
were $3.50, 421, 1856, against $500. 1899 We
lead 1890 thus far by about $3j,OOO.0O0.
THE CEREAL MARKET.
Exports of wheat from this port in May
were 1928, 663 centals, valued at 1887, 425,
making total exports for the first eleven
months of the crop year of IA, G98, 800 rentals,
valued at SIS, 679, 591. The wheat market is
2R cents per GENITAL weaker than last week,
and trade is slow, while options are tending
downward.
Barley is all at sea, owing to a deal against
the shorts on the Produce Exchange. Bright
iced sold by sample yesterday at 81 80,
while on call it brought 81 70 TO 81 10.
When the market will finally get settled IS
uncertain, and meanwhile values Will be
more or less nominal.
Oats are dull aud the tone Is weaker,
though no positive decline has taken place.
Corn has again gone up. Fellows are now
quoted at 81 so for large and 81 SEA for
small round, and white is very scarce at
81 20 Tor choice. About $4,000 centalS nave
arrived during the asst three or four days,
put this has no effect on those who cOntr0l
the corn market. However. offerings are
larger. Rye is lower ana more freely offered.
Flour is steady but dull. Bran and nld-
dlingS are firmly held at the high prices.
Corn meal and cracked corn are 50 hlgh that
they are no longer neceSSarIeS but IuXulles.
GENERAL COUNTRY PRODUCE.
Hay continues to be the phenomenon of
the produce market All precedentS and
| regular rules are overturned this year.
heretofore prices have almost invariably
declined with the incoming of the new cfop,
but this year the market, after the Urinary
depression, Is actually advancing. Inc eX-
PLANTATION of this unusual condition Is that
the old hay is practically exhausted all ever
the State-Something that has not been seen
Tor years. With good new hay selling at
Sl3 ana SIT per ton, the farmer ought to be
happy and doubtless is Such prices are not
obtained more than once in ten years. The
demand Is good all over the State. The
tables are turned, and the buyer is aow
seeking the farmer, instead OF the USUAL re-
verse.
Leans are quiet The only change is a de-
cline in Lmas, as the new crop is being
contracted for in Ventura County at 81 20
and 81 90 these figures being considerably
under present prices
New potatoes and onions are in liberal
supply and cheap.
Butter Is steady at about last weeks
prices. and steady packing absOrbs most of
the surplus. Cheese is in good supply and
weak at further slight decline.
Eggs are scarce. and nave advanced to
20 cents and "A cents per dozen.
Dried fruits are dull and featureleSs with
ia hg nj
almonds, which are scarce and firm, auts
are quiet and IN ample supply.
Raisins continue neglected and plentiful
and prices have again declined.
Prices for fresh fruit in bulk on canning
account are slowly being established.
Peaches are quoted at $50 10 $40 per ton,
and apricots at $50 TO 49, while there is
some talk of $40 TO $50 for prunes, though
but little has been done IN this fruit ahuS
far. All of the above prices are very Re-
munerative TO the Orchardst
Hops continue unsettled Business is
dull and spasmodie, owing to the slender
ness of spot stock, though sales of strictly
choice at 80 cents TO 81 cents fer '9Os are re-
ported. The hop louise IS still prominent
factor in the situation, ana until the DAM
aye. if any, from this source Is definitely
ascertained, all hands will be cautic us about
contracting. In England and Germany the
vine is reported backward and weakly.
Wool is quiet aud unchanged. Hides are
dull and prices have not varied for long
time.
Beef is in free supply aud u cent weaker.
Mutton is also u cent lower. Veal, lamb
and pork show no change and are IN ample
supply.
GROCERIES AND PROVISIONS.
In the main groceries are more or less
quiet. Coffee is particularly 30, aud prices
show no change. Sugar is IN fair request,
and quotations have undergone no variation
for several weeks. Rice Is in the same cat
egOry, prices having run along evenly for
fortnight or more.
Provisions are quiet. Local dealers quote
unchanged prices, with a moderate export
inquiry COR balreled meats.
Canned fruits are dull. and the old pack is
pretty we'll cleaned up. Futures still nang
fire. as the prices named by the local cam
ners are thus far above the views OF East
eru buyers.
Canned salmon exhibits no new features,
and trade IS not active.
Cooked corned beef has further advanced.
Corn meal is higher again.
MISCELLANEOUS
Dry goods continue very quiet.
Tobacco is reported dull, but fair in
Quiry for cigars is noted
Metals are still quoted quiet. Quicksilver
is duli at S42 90 per flask Tinplate is
quoted at So 80 per box, aud pig tin at 81
cents per pound.
Lumber continues IN Tree supply and slack
demand. The receipts at this port during
the first FIVE months Of this year compared
with the corresponding period last year
were as follows: Pine, 1lO,5 700 feet,
against 81 900 feet; redwood, 90, 221. 700
feet, against 1862. 900 feet; shingles, 1884
$50, against 80, 796340; railroad ties, $50, 1872
against 5S0,9Sl.
The feature of the coal market is a clean
drop of 81 80 per ton in the Wellinet0ns,
which are now quoted to dealers at SIS 50 per
ton. The Seattes are nominal, there being
none Of any consequence on the market.
Foreign Goals are in large supply and weak.
The weakness OF coal is explained by the
receipts during the first five months of the
year. which were 633, 500 tons, against 4;36, $50
tons during the same period in 1890. Tie re-
cripts in May were 1l2, 700 tons, against
100, 100 tons in May, 1890 These large ar
rivals tell the story. Two caTgOes came in
from Japan last week.
Duties collected at the San Francisco Gus
t0m-house during the first five months of
the year were So, 107, 800 against s., &c., 900
during the same period in 1890.