The morning call. [volume] (San Francisco [Calif.]) 1878-1895, 1891-07-02
CONDITION OF TRADE.
The Local Markets Are of a
Midsummer Character.
Groceries Featureless - Continual Gain in
Bank Clearings-Money in Ample Sup
ply-Flour and Grain Lower.

There is really nothing worthy of especial
remark. Collections are not as easy as they
might be, and trade as a rule is dull. 1t is
better than this time last year, however, as
shown by the continual gain in local bank
clearings. Those last week were SIS, $50, 677.
against So, 42S, 206 for the same week in
1890 AS TO funds, New York exchange has
declined sharply. Silver has declined,
carrying Mexican dollars down with it, and
finally, money is in ample supply and fair
demand at the usual rates.
TIE GRAIN MARKET.
Wheat continues to decline and is very
weak at the close, 81 521s per Genital being
the quoted price for No. / new shipping.
The decline is sympathetic with steady
depreciation abroad.
Receipts of new barley are enormous,
those yesterday reaching the unprecedented
quantity of $4,000 centals. The market for
feed is very weak at 81 o219 to 81 o5, sharp
decline since last review. Old brewing
barley, on the contrary, is scarce, in quick
demand and high.
Oats are lower and weak in sympathy
with barley. and offerings are larger than
they have been: Arrivals of the new crop
are thus far light.
FELLOWS, and 81 10 to 50 20 per GENITAL for
white. Trade, however, is dull at these
high prices. Rye is slow and unchanged.
All grades of flour have been marked down
in sympathy with wheat. Mddlngs and
ground barley arc also lower. Bran is scarce
and steady.
Grain bags are in moderate demand at
slight decline.
GENERAL COUNTRY PRODUCE.
Since last report hay has declined from
90 cents 10 81 per ton, good stock being now
quoted at S1I to S13 So according to variety.
Dealers expect that the market will continue
slow until after the Fourth, when brisker
business is looked for.
Potatoes and onions sre also lower than
last week, with ample stocks to draw ON.
Butter and eggs are depressed. Eggs have
been slowly declining for some time, and
the market Is neglected, as BUYERS are run
nlng chiefly on Eastern eggs, which are pre-
ferred by the bakers. The hot weather has
seriously affected butter, which is coming in
soft and out of shape and is therefore un-
desirable. The market is heavily supplied
and weak, with further decline in medium
grades. Cheese, on the contrary, is firm at
an advance.
New honey meets with a good demand at
5E2 and 6R cents for amber to bright eX-
tracted. Arrivals are thus far light A few
lots OF comb have appeared and sales at IA
and 10 cents per pound have been reported.
but quotations Tor comb are thus far largely
nominal
Fresh fruit on canning account is still
bringing remuuerative prices-say S25 to
$40 per ton for plurhs, $50 to S45 for free
stone peaches, $40 to $50 fer clingstOneS, $50
To $50 for apricOtS and $40 for pruneS The
bulk OF the fruit is going at these prices,
though there is au occasional sale So or SO
higher. The effect of the recent hot weather
ON the rlpening fruit remains to be definitely
ascertalned. Some varieties, figs in par
ticular, are coming in cooked" to use the
Jareon of the trade, and the excessive heat
tends TO rlpen fruit rather more rapidly
than The average ranch force can handle il.
Dried fruits are almost wholly nominal, as
the Eastern buyers refuse To touch the
market. For aprlcots, 10 cents is bid, and
this is about the only definite quotation on
the market Fruit of the crop OF 1890 is now
pretty well cleaned up, with the exception
many OF them lett.
Hides are weak and some descriptions are
| u cent per pound lower.
Wool rules quiet at unchanged prices.
. Lamb is momentarily scarce at a frac-
tiOnal advance. Otherwise the meat market
Is literally supplied amt dull.
GROCERIES AND PROVISIONS.
Sugar is reported in far seasonable de-
mand at prices which have ruled since
| May 14th.
:, RatiIsigp.s, are still in the .aumps.. Nobody
| crop still on hand. Dealers say that for
! round lots not over 90 and 70 cents per box
! Tor Lond0n layers can be obtained, though
| J0bblng prices remain unchanged at ST and
| 81 %, with as high as 81 40 for something
! extra choice. There is some talk of cents
| per pound being paid for the coming crop
| III the sweat boxes. but very little business
| has been done at this figure, and the quota
| ton is largely nominal
Hops rule dull The louise question con-
tlnueS annoying. some authorities reporting
serious danger to the vines, and others
scouting all reports of damage thus far
The foreign mark continue duh, and but
little contracting Tor new crop deli very is
reported at this point.
Coffee is quiet at the recent decline in Sal
vadOr. The market is OF midsummer char
acter: A recent Washington telegram says
the Bureau OF American Republics reports
diminished estimates of the Brazil coffee
crop for lS9O-9l. AT first the crop was
placed at 100000 bags, then 100000 bags
aud now that the season is about closed, the
total Is put down to 2,20O,O00 bags The
crop for 1912, which will soon come upon
tAe market, is now estimated all the way
from i,o0cOOo TO 100000 bags, and the New
9rk coffee market is very Irregular
Rice Is unsettled. partly in sympathy with
the fluctuations In silver, which affect ex-
Change, and partly to the irregular condition
OF supplies. Quotltions show no marked
change.
Provisions are dull and unchanged.
tanners report the market for canned
iruIt dull There is no spot stock of any
consequence here, the output of 1890 being
wen cleaned up, while Eastern buyers are
~, IL
standing fairly liberal concessions have
been made. Still a considerable quantity Of
the coming pack has already been placed
Salmon Is reported firm but unchanged.
MOST authorities agree that the run of fish
In the Columbia River has thus FAR h.en
rather llght and this tends to create a firm
market. ~
GENERAL MERCHANDISE
Linseed oil has again been marked down
In dry goods, bleached cottOns and OIL
cloths are lower. Trade has been somewhat
orlSker OF late, but no unusual activity ia
| expected in the near future. -
tobacco and cigars are quiet
Coal shows no particular change Recent
| efforts to adjust the labor differences In ina
| Fuget Sound mines have been partially an.
cessIul, nut strikes are still on in several
| mines. A circular letter to Australia saws:
notwithstanding the arrivals of Colonial Goals
LOT tDo past lew months have been extremely
| lIght, aud stocks on hand are yery small vet
tnere Is no imp ovement in values This IL min
ciralfy aScrlbaDle to Ship-oWners In Fnpland
| VINO are oneIlng coal frelghts from there as low
as Ten shllllngs per ton, which il five shiIIings
per ton less than the latest quot atIons from Nar
castle, Australia. As English grades as nrefer
aDie 10 AUSTRALIAN Tor steam uses aud are beIng
onered al lower figures. naturally the shinmeots
from The Colonies Will diminish until freight
rates from that section shall decline On az IN
successfully compete Our largest consumers
having contracted for a years supply several
months ago are for the moment out OF the
market; tnls serves to keep prices down. as The
sellers who have made the contracts had ar.
ranged their coal charters at the time of sale
Hence there Is little competition among huvsrs
and sales are difficult 10 effect, unless al a con-
cesslOn.
Cement is in demand. owing to extensive
building operations, street improvements