The morning call. [volume] (San Francisco [Calif.]) 1878-1895, 1891-02-18
CONDITION OF TRADE.
Marked Effect of the Rain on
Many Lines of Goods.
A Break in Coal-Wheat Firmer, but Other
Cereals Lower-Feedstuffs Declined
Sharp Drop in Silver.

gets crop and that complete failure is al
most impossible here, where the climatic
conditions are so varied. If the doubling
Thomases who are wont to cry dry year"
on the slightest provOcaion would consider
this fact they might become less apt to get
respondent over two or three rainless weeks
in midwinter.
The local bank clearings last week were
SIG, 10000. against SIS, $4,000 for the CORE
spending week last year Money is in am
pie supply at the usual.rates of interest and
few complaints of slow collections are
heard. Failures are neither numerous nor
large, the crop outlook is now excellent, and
cheerful view of the future is generally
taken by the mercantile community.
Silver has dropped sharply to 9715 cents
per ounce, the lowest quotation since last
April In the meantime 81 20 has been
touched.
THE GRAIN MARKET.
The rain has been wet blanket on most
cereals Barley has tumbled 8 cents per
Genital at least, and is still going down.
Oats are also considerably lower and weak,
with liberal offerings and only jobbing
inquiry, chiefly ON milling account Corn,
too, feels the effects through sympathy with
the other feedstuffs, and is duh and weak.
chopped feed is lower. Middlings are weak
at previous prices. Rye, however, is still
steadily held.
Wheat is the only important cereal that is
firm. The rain has not in the least affected
1t, neither has the approaching assessment
day, nor the decline i'll silver weakened it.
There is some inherent strength in the
market that enables it TO keep steady in the
face OF these adverse circumstances. Indeed,
IL has actually advanced, and is firm at the
close with good demand The real cause
OF this frmness is not satisfactorily stated,
and the foreign markets are variously
quoted firm and weak.
Flour Is strong and in good demand
GENERAL COUNTRY PRODUCE.
Overland shipments of California produce
via Southern Pacific lines in January were
as follows:
San Francisco, 29,939. 80 pounds; Oak
land, 9I5,GO0; Sacramento, 1896, 7OO; San
Jose, 1,4GS, $50: Stock ton, LILO, go; NIarys-
vile, $50, 40; Los Angeles, j, go 30; Cotton,
5000; Port land, 209,9l0. Grand total, 40
0l2 l30 pounds.
The leading items were as follows: 2S, 4o6
centals beans, 1856 gallons brandy, 1868 1872
gallons wine, 1,554, 800 pounds canned goods.
2,0O!,4lO pounds dried fruit. 1,329 40 pounds
ralSlnS, 1890 pounds fresh fruit, 9I2 10
pounds citrus fruit, S1l, 400 pounds vegeta-
bleS, 1877 centals potatoes, 30, 120 pounds
hides. 4S7,7l0 POUNDS leather. % $50 bounds
iOHC9 opioJO POtbNS lbpS, S-U,gOU pOu0uS
quicksilver, 1,S52, GO pounds wool, 7Si, 72O
pounds canned salmon, 1O3 500 pounds
picked salmon.
The effect of the heavy and general rain
on produce Is more or less marked. HaV
has weakened in consequence and whereas
SO 80 per ton was paid for extra choice
wheat hay before the storm, with strong in
dIcatl0nS OF $50 in the near future dealers
are now glad to sell for less money 1t was
grass raln-that is, it came at the right
iTAA fpr frs.l II
way: Hence hay is not so much king as it
has been. Most feedstutfS have gone down
Tor the same reason.
The bean districts came in for their share
OF the sprinkling, and beans are reported
weak and in decreased demand. though no
general decline has occurred.
Potatoes have sleaded up little under
decreased receipts. 1t would be perhaps
more proper to say that potatoes are less
demoralized, for the market is certainly not
firm.
Onions have gone up to 81 IS per Genital
and are scarce.
Butter has declined slightly, owing to ths
ram, TO increasing receipts. to expected free
arrivals OF Eastern butter. and finally to
constant arrivals Of oleomargariqe from the
pressing these imports of oleomargarne, if
possible, but no action has yet been taken.
Cheese continues high and scarce
Eggs are much lower tran last week, as
al Al ttio ttLt otCduill blOA liz ana tile
market IS now abuhdantly supplied, dull
and declining.
Poultry has been in large supply and dull
since last review.
Apples are plentiful and quiet at the lower
prices. The orange market continues over
stocked and dull. Mexican lines are higher.
Honey sells in a retail way at the good
prices.
Dried apples are firm and the movement
III them has been active of late. Prunes
and dried grapes are also wanted in fair
sized lots for the East at slight advance.
Peaches are dull and weaker. Figs are a
drug in the market.
Mats are quiet and not materially changed
from las. y eek.
Hops are very dull at previous prices.
Hides continue quiet and cheap.
Wool Is firm with broken stocks. The
annual review OF Thomas Den igan. Son d
Co. gives the receipts in San Francisco in
1880 at ., G90980 pounds, of which 5.SI0.24O
pounds came from Oregon and Washington.
lhere were 4,ol3,670 POUNDS shipped East
from interior points; 1852. 6l3 pounds from
Dan Francisco, of which 5,65O,S7l pound,
secured. The consumption OF local mills
was 100000 pounds, and the stock on hand
January l, 1891, was 1887. 900 pounds The
estimated number of sheep in the United
States at this date is 45,G00,00O to 10000. 600
head The circular goes on to say:
AS TO what HE condition OF our incoming
spring cllr may be IL Is quits uucertaiu though
up 20 lhe middle OF January everything bid fair
10 nave II equal to the previous one, and If we
should get late rains yet there Is no reason WIN
IL should NOT be good, the OPEN warm winter
mas Deen Particularly favorable toward Keeping
stock fat
The lower grades of beef are firmer.
Lamb continues scarce. Mutton is in bet
ter supply and easier, but no lower. Veal
and hogs are firm.
GROCERIES AND PROVISIONS
overland shipments of grocery staples
from San francisco IN January were 49,
$50 pounds coffee, 67,9l0 pounds rice. ID
100, 44O pounds sugar, SJ6, 800 pounds te3
he imports at this port in January. com
pared with January, 1890, were as follows:
Sugar, ., 300 900 pounds, against 17.54S. 900:
Gomez, l,42C COO pounds. against G73, 800 rice,
5,347oO0 pounds, against 4,496, 600; tea, 296..
800 pounds, against 3SS, 100
sugar mas shown no further change, and
4 good demand on interior and overland ac-
count is reported. AT the islands work in
the sugar districts is being pushed forward
with vigOT, and it is believed by the first of
the crop will be ground than ever before.
III Is estimated that there will be 100000
tons Tor export this year
Coflee sold very well during the early part
Of the week. but at the close it is quieter.
Prices show no change The Panama
steamer brought up 9C60 bags on the 18th.
Rice still sells at irregular prices.
Hawaiian and mixed Chinese being higher
anu olner grades OF Chinese lower
provisions are quiet and not particularly
changed, beyond a decline in California
hams. "a"
Canned fruits are all firm and in very fair
demand, especially apricots, which are
scarce and higher. Canned vegetables are
also firm. ''0
Consldera BILE domestic and foreign export
business Ill canned salmon is reported.
MISCELLANEOUS.
InhoTpo is M
in cigars is reported
Dry goods have been quiet, as the long
spell oil more or less dry weather operated
against any large demand from the country.
Tue Imports Of foreign dry goods at New
York for January show value of ST., 49,
Co., ms Is the smallest total for any Jan
uary III three years Metals are dull.
Quicksilver is meeting with rather more in
qulry at $40 per flask.
Iron Is inactive. The product of pig iron
In the United States in 1880 was the largest
ever reported. For the first time In the
history of the world it was larger than Great