Los Angeles herald., 1891-12-04
FINANCE AND TRADE.

That California raisins are at last fairly in
possession of the eastern market is evidenced By
the following dissatch:
| New YORK, Dec. 3.-The Commercial Bulle-
tin says: There are, so far ss can be learned no
| California raisins in purely speculative hands
| in this city, and The best information on the
| SUBJECTS to the effectth the same remark will
| apply to Chicago That Wholesalers have
| through the indictment of moderate prices
| been able TO distribute more California raisins
this season than ever before in the correspond
| ing number OF weeks is susceptible of proof
and that the consumption has been stimulated
| greatly Is no secret. AS matter of fact, Cali
| fornia sacked raisins have fought their way
| into interior markets where they were scarcely
known prior to this season, and all signs are
very much at fault II he cheapness OF the goods
I has net been of great force in helping along
the movement. Not only that, but the salts
factory quality has put the fruit far ahead of
imported stock, and as long as the quality is
kept up to this years standard, Californians
will doubtless be able to market larger crop
next season, and possibly at better average
prices than those now ruling
The movement of oranges is about to begin,
and buyers are prepared for the campaign.
There promises to be lively competition for the
handling of the crop, and growers stand good
chance TO receive larger share Of the profits
than heretofose. Several new schemes have
been set on foot, one of which is an arrange
ment with tho railroads by which carload lots
en- route to Chicago or other eastern trade cen
ters may be diverted to interior points This
plan will give shippers the advantage of plac-
ing the fruit directly within reach of the con-
sumers, and where there Is the best market
The local produce market is quiet, but mer-
chantsreporta fair trade.
Quotations on grain and mill stuffs remain
practically unchanged.
There has been drop in hog products owing
to the opening Of the slaughtering season in the
east.
Butter frmer. Yesterday there was no good
California on the street, the steamer from the
north not having brought single consign-
ment.
Eggs are easier, the demand having fallen off,
and good supplies coming from the east Ranch
eggs are also plentier and are sold down to Csc.
Poultry is steady. Broilers are higher
owing to their now being almost full grown.
Turkeys are dull since the Thanksgiving trade,
and have dropped several points. Geese and
ducks are in good demand.
Potatoes are steadily growing hrmer, espe-
cially for choice grades Fancy Burbanks are
going away up.
In onions there is wide range, owing to the
differencein quality. The market is yet rather
sluggish, but is improving.
In fruits and vegetables generally there is
little doing, and there are few changes to
record.
EXCHANGE REVIEW.
Ngw YORK: Dec, 3.-The stock market today !
was dull. Changers resumed their old promi-
nence, Burlington being the only stock finally |
scoring material gain The close was dull and |
firm at prices small fractions better than the |
opening.
Government bonds steady
MONEY QUOTATIONS.
new YORK, Dec. 3--Money on call easy; |
closing offered at 2 per cent
Prime mercantile paper, $780, per cent.
Sterling Exchange Steady; 6O-dsy bills. |
M.61; demand S4.e4.
BAR SILVER.
NEW YORK. Dec. 3.-Bar silver. per o.,
95Iac.
BAN FRANCISCO, Dec. 3.-Bar silver, 95Il@ |
95ssc per ounce.
BAN FRANCISCO, Dec 3.-Mexican dollars,
74074Lc.
STOCKS AND BONDS
NEW YORK. Dec. 3-Closing quotations