The morning call. [volume] (San Francisco [Calif.]) 1878-1895, 1891-04-29
CONDITION OF TRADE.
Business Continues Fair With No
Especial Features.
Provisions Advancing : Continued Gain in
Bank Clearings = Wheat Lower - The
Coffee Trade-Etc.

CIdl ltdluItos ln6 iUCdl Uduk CleAIlU8S
last week were Sl5,55 l67. against $14, 344,-
064 for the corresponding week in 1890.
Money is in steady demand and ample sup
ply. Collections are fair and failures COM
paratiyely few and small.
THE GRAIN MARKET.
The contrast between wheat this week
and last week is striking. Options to-day
are about 10 cents lower than eight days
ago and actual wheat is about 10 cents lower.
Then the market was excited and booming;
now il is dull and without a vestige Of the
recent excitement 1t took only one day for
things to quiet down after the local shorts
had settled. They got pretty badly squeezed
before they did settle, however. But al
though wheat is dull and lower it is not
generally believed by the trade that prices
will very soon get back to the low plane
fiom which they started. In fact, it is the
current belief that satisfactory prices will
rule throughout the year, owing to the
statistical condition of wheat all over the
world. The local market is well held and
sellers appear confident of the future.
Flour keeps up, despite the decline in
wheat.
Barley is steady at the high prices. Re-
ceiptS are moderate and the demand is fair.
Oats continue dear, with light arrivals.
Yellow corn is steadily held at the recent
advance. White corn is very scarce and
bringing fancy prices-S1 20 to 81 70 per
GENITAL
Rye is cents higher than last week.
Bran, middlings, c0rnmeal and ground
barley have all been marked up since last
review.
GENERAL COUNTRY PRODUCE.
Wool is strong but quiet. Stocks are not
vet large pnOuph for heavy trading
Some inquiry for hops is still reported,
and several sales at firm prices have been
made. Stocks here are small
Hides remain dull and nominal.
Hay rules firm aud in demand at the re-
markably high price OF $50 per ton for the
best. Receipts continue moderate.
Beans are unsettled, but not active.
Whites are strong, but Limas and colored
beans are weak and dull. A dealer reports
that last years crop Of Lima beans in Ven
tura County consisted of about 1900 car
loads, Of which about 200 cars remain i'll
warehouse unS0ld. These are being moved
steadily, and Will be out Hf the way long
before tile new crop comes in. The market
there is 81 70 to So 10. Many of the poorest
lots are being cleaned by machine, just in-
vented, which takes out all dirt, stems and
chatf, and which undoubtedly will be- gem
orally used hereafter. The acreage TO be
planted in Limas this year will he consider
ably Increased and the soil is IN the best of
condition. A crop OF 100 to 1900 Carloads
is expected.
Old potatoes, reds especially, are dull,
weak and lower, but new are selling well at
fair prices.
Onions are somewhat nominal. Old are
about out for the season, but new are coming
in and sell at 81 % and 81 80 per Genital
Butter is firm. Receipts are heavy. but
there are large orders on the market again
and the commission merchants are packing
largely, and these keep the surplus down,
hence the frmneSS. Cheese has shown no
MAI ked change for some time, but is weak.
Eggs are quiet and lower under steady
receipts from the East.
Dried fruits, nuts and raiSins are all quiet
at about last week quotations.
Mutton and lamb are both lower Other
wise the meat market shows no change
worthy of note.
GROCERIES AND PROVISIONS.
DesiccaJed cocoanut is higher. Nut oil is
lower. Liverpool salt has advanced % cents
per ton III the cheaper grades, owing to re-
duced supplies. New catch of goldfish is
coming in from the north.
Tie staples show little change. There is
a good interior demand for sugar at previ-
Gus prices. The combination between the
two local refiueries has already been pub
lished in the local news columns.
OF coffee the private circular OF II, Hoch-
kOfier says:
The market, since our report of the I'd inst
has been dull aud unsatisfactory. Dealers, while
only carrying moderate supplies, continue to
buy sparugly. b0th IN view of the large arrivals
during the past three weeks and the moderate
country demand. Good green unwashed Saliva
dor, which was nomlually worth 20 cents al tile
beginning of The month, has gradually declined,
closing dull al 10 cents. Costa Rica has also
sympathZed with the downward tendency, more
especially the qualities mixed with black beans,
which have sold rregulary, but generally show
Ing a decline OF from ~ to "a cents per pound.
ALI Inferior descriptions are easier. but Continue
in demaud The good and prime grades OF
IsDtFn Int.
general weakness, owing partly 10 comparative
scarcity aud to moderate outlet for shipment
overland on The basis OF former quotations. The
shipments since the LIST INST Include 1928 bags
fair TO prime washed Guatemala, 354 bags good
10 prime washed Salvador and 80 bags good
Costa Rica, In all 1882. The stock In first hands
vadOr and 1874 acknowledgement, 81, i43
bag. Receipts since April LIST have De>n 81,
GA bags.
Hawaiian lice is in moderate supply, but
Chinese is In ample stock. Prices show
little change.
Provisions are firm with a good business,
and hams, bacon and lard continue to ad-
vance.
Soda crackers and pilot bread have again
advanced, owing to the rise in flour. All
crackers in cans have been marked up in
consequence of the rise in tin.
Farinaceous goods. such as cracked wheat,
corn meal, hOminy, rolled oats, etc, have
gone up in sympathy with the recent ad-
Canned fruits remain firm but quiet with
scattering sales. There is some inquiry for
futures, but Gamers. as a rule. are not dis
posed to name prices, though ST. 40 has been
asked for new crop apricots
Canned salmon is quiet and unchanged.
Several descriptions of broOms are higher.
MISCELLANEOUS.
Dry goods are reported only fairly
wanted
Tobacco is quiet. Cigars are in fair de-
mand.
Quicksilver is generally held at the Lon
don advance, but the demand is slack
and the quotations are largely nominal.
Tin plate is in light supply and firm at the
improved prices.
Coal is coming in freely again, the weeks
arrivals footing up Is, 6l0 tons from north
ern mines aud 6533 tons from foreign
sources. 1t is now limited that if the ar
rivals later in the season prove as heavy as
now expected the coal mines may restrict
their output to keep the market from break
ing In other words, the natural law of
supply and demand will BIZ nullified and
prices will not be permitted to go down.
The unhappy consumer of coal seems TO be
doomed on this Coast, and if ever the coal
market goes down below the cost of pro-
duction the mine-owners will get very little
sympathy from the general public
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HAWAIIAN ISLANDS.