The morning call., 1891-07-22
CONDITION OF TRADE.
Large Increase in Our Produce
Shipments Overland.
Decline in Pig Iron-The Usual Gain in Bank
Clearings - Wool Brisker - Hay
Gradually Rising-Etc.

| AOSO We aiO al i'ohos POooAi3icto w enO WIN
trary notwithstanding.
THE GRAIN MARKET.
Grain bags have been advanced to cents
| by the importers but the demand is slow at
| the increased price, though some sales are
being made. Up to a few days ago the out
side dealers were active sellers, selling the
market down to 6% cents and cleaned out
| all their supplies at the low prices. As soon
as these outside bags were all out Of the
! way the importers seized the opportunity,
| combined and advanced the market
| Flour is dull and not over firm.
Wheat freights are firm at 46s Sd as a
nominal quotation for iron vessels, United
| Kingdom. Havre or Antwerp. though no
| SPOT charters have been reported for some
| little time.
Wheat continues dull though prices have
recovered slightly during the past two or
| three days in sympathy with better feel
| ing abroad.
New feed barley is coming in freely and
is steady at 81 10 to 81 17h per Genital, with
| fair demand.
Oats are firm but quiet, and new. oats have
| gone up slightly.
! Corn is neglected and weak at a decline.
| The feature of the market Is the new ar
| rival OF 65S5 centals from Mexico.
Rye is steady with Shipment Of 1857
centals to Antwerp.
Bran, middingS, corn meal, cracke corn
and chopped feed have all been marked
down.
GENERAL COUNTRY PRODUCE.
Another indication of a satisfactory con-
| ditiOn of trade is the heavy shipments of
| produce overland from California. Those
| via Southern Pacific lines in june were as
| follows: San Francisco, %, 7S9, 100 pounds /;
| San Jose, 2,6l9.050; Stockton, 2115, $50 ;
Marysville 1851. $50; Los Angeles, IA, ne
| 2i0; Cotton, 1850 40; Portland, g, 1852
Grand total, 60,770610 The shipments
| from January 1st to June 30th reached the
! enormous total of 260, 134, $40 pounds against
2o5, $50, $40 pounds for corresponding period
| in 1890, an Increase this year of 60, 5S1. 100
| pounds, 80. 500 rounds OF which occurred
| during June. Nobody can call business
dull under such az exhibit. though in local
| spots it may be quiet. The leading items in
| June were as follows: 1851 centals of beans,
| Gal, 800 pounds of bOrax, 37,725 gallons of
brandy, 1924 gallons of wine, Is, 400
! pounds of quicksilver, 6S2, $50 pounds of
canned goods. 357 cattle, II horses, ", 430
| pounds of dried fruit, S,19i, $50 pounds of
| green fruit, 5,312,T00 rounds of citrus fruit
| 243,420 pounds of hides. $3.50 pounds of
| hops. 540.2 go pounds of leather, 175. 124 cen
tails of potatoes. 22S. 100 pounds of raislns,
$50, go pounds OF canned salmon, 16S GO
pounds Of picked salmon. S,457. go pounds
| OF vegetables and Z774, Q4Q pounds OF wool.
A curious fact is that while the San Fran
cisco market is glutted with potatoes 175, 124
! centaIs were shipped East, chiefly from Los
| Angeles. Sacramento and Marysville, in
| June. During the first six months of 1890
California imported by rail 269.sl1 centals
| of potatoes, but now the current is reversed.
| The shipments of green fruit last mont h
were nearly 100000 pounds greater than in
| June. 1890.
Hay is firm and prices have advanced since
| last review. The demand is active and the
| tendency is SteQdilV upward.
| Potatoes glut the market. A few days
| ago the wharves sidewalks and stores got
| so crowded that the commission merchants
directed the producers to cease shipping, in
order to give the market a chance to recover
Prices dropped sharply and are still weak
| and slow.
Onions are steady and in moderate supply.
Honey is steadily held, but the demand is
/ by no means as brisk as it was a few weeks
| ago.
Hops are duh, nominal and featureless.
| Thomas Produce Report says:
| New York and london MAJ kets continue de-
| moraliZed. AT inferior points In New York Stale
| sales have been made at from 20 cents to %
| cents. The immediate pressure on the part of
| growers 10 sell seems to have ceased, but brewers
| are not buying 1t the decline and now that the
| market has gone their way are holding out In
| anticipation OF still lower values. Tie weather
| In England is favorable, but Germany reports
| Stale vernin and honey dew have Increased
| considerably. In Oregon honey dew is showing
aud lice are on the Increase. In Pierce County.
| Washington, which Is the Puyallup district lice
| have also increased. Conf citing Tumors reach
| us OF tile condition of the hops In King County,
| Washington, but the situation is not generally
| regarded as serious. The late development OF
| the crop makes serious damage to qualify posi-
| Bile Au advance can not be looked for on COS,
| nor speculative feeling In 9ps, unless sufficient
damage Is done 10 materially reduce crop estl-
| mates. The conditions are full OF uncertainties
| for the grower and will continue that way during
| July.
! ie oef ,,-igh
| the weeks sales running up TO 100000
| pounds. Prices show no CORES bonding inl-
| prOvement. however.
| Exports OF wine from California during
the first six months OF 1891 were 8 ,032, 600
| gallons, valued at $1,000, 800 against
1905 500 gallons, valued at 81. 747, AGO. during
the first six months of 1890. The shipments
| for the first six months this year are larger
than for any corresponding period in the
| history of this trade.
Hides are weak, dull and unchanged.
Fresh fruit continues to bring good prices
| as 1t Is more or less scarce, as the growers
are drying largely. Dried fruit, however is
| neglected, even at comparatively low asking
| prices, and the new crop of apples and
| apricots now coming in are neglected and
weak. Grapes for future delivery are firm,
| however, with few transactions reported.
Raisins continue depressed and nominal.
EThe meat market is literally supplied
and practically unchanged.
| GROCERIES AND PROVISIONS.
Overland shipments of staple groceries
| from California in June were 149 200 pounds
| of coffee. q. $50 pounds of rice, S,154,020
| pounds Of sugar. 10000 pounds Of syrup and
| 4,1S6, $50 pounds of tea.
As 10 the staples themselves there Is little OF
| interest to report. Sugar runs along at the
| old quotations. Coffee is in better movement
and firm, with fractional recovery in Sal
yador. Rice is in fair demand and I'M
changed. Provisions are quiet, but the
tone is firm in sympathy with rising Eastern
markets. Canned fruits continue weak and
neglected, and sales on Eastern account are
| considerably below the average for several
seasons past. Eastern buyers got Dipped on
some of their purchases last year, and hence
are very cautious about taking hold not
outstanding prices are down to a reasona-
| BILE point.
Canned salmon is slow at unchanged
prices. Citron has been advanced to %
| cents per pound under good demand and a
general scarcity.
MISCELLANEOUS.
Both Eastern and California linseed oil
are lower.
Foreign and Eastern pig iron have recent.
| ly been marked down from 81 to SO per ton
Quicksilver continues dull and weak, and
it Is reported that the bear movement abroad
Is instigated by the Rothschilds, who are en-
deavoring to renew their contract with the
| Spanish Government on favorable terms
Tobacco and cigars are rather more active.
Dry goods are quiet and prices show little,
IL any, variation.
Receipts of coal during the week were 16.
$40 tons coast and IL. 100 foreign Foreign
descriptions are firm at the recent advance
and private circular says:
The market this week Is somewhat stronger
| than last, there being strong demand for steam
Goals at improved prices. This is mainly attrb
| utable to the continued labor troubles In Wash.
fngtoD, which has cut off the shipment OF steam
| grades from that section, and the uncertainty
still prevailing as TO when ihey Will recommence
| operations. The continued depression in wheat
| In Europe, and the diseouraglug outlook for any
immediate Improvement have served TO detei
tonnage from seeking this port, except at I'm.
proved rates In coal. This Is now being felt. and
| asking prices for loading are being gradually ad.
I vanced, and being paid this week by con.
sumers, who are becoming awake 10 the situa
| ton. AT one time this year freIghts on Goa
| from Liverpool were as low as were being paid
on Goals from British Columbia.
Seattle coal is again coming in and goes
off quickly at 81 so per ton to dealers.