Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1891-09-16
BRIGHT TRADE PROSPECTS SOUTH
OFFICE OF PITrSBURG DISPATCH. .
TUESDAY, Sept. Is.

OFFICE OF PITTsBURG DISPATCH
TUESDAY. Sept. ID.
The combination which attempted to hold
up prices of canned meats has come to an
untimely end, and prices of beef have found
q lower level Canned beef has been re-
duced from s. 10 TO 81 70 per dozen in the
past two weeks, and chipped beef has been
reduced from S2 80 to 81 IS. These reduc-
tions correspond to the drop in cattle.
Canned tongue remains as it has been, price
per dozen being quoted at 81 80. Volume
of trade in this line is reported larger this
season than ever before. There has been
slight decline, however, of late for the reason
thst picnic season is on the wane.
Coffee Steady.
The coffee market is a SHADE firmer the
past few days. The late drop il prices OF
Rio seems TO have had the effect of increas-
ing trade. Demand here and westward has
increased, and the movement has been much
more free the past week than it has been for
some time. The total receipts at Rio Sep
tember 10 were $4,000 bags, against $4,000
bags at the same time last year, and $4,000
bags two years ago. The total visible supply
st New York is estimated at 997, 500 bags,
against Sol, ,4s9 bags at this time year ago
and 4S0,252 bags two years ago at this time.
Java coIfeeS are very firm with tendency
toward higher prices.
The Boston Herald has this to say of the
coffee trade outlook: Much now seems to
hang on the reports to come of the Novem-
bcT Towering of the coffee trees in South
America. 1t is a fOregOne conclusion that
the early Towering of the coffee year was a
remarkably fruitful one, and if the Novem-
Der Towering should be relatively as good
there must be a most remarkable crop of
coffee.
Cheese Is QuIeG.
The consumption of cheese thls season has
fallen below the average There have been
seasons where the volume of trade reached
$500 boxes in a single week. One of our
lobhelS reported sales of over 2, 900 boxes in
a week year ago. The entire consumption
has lailen below this amount the best week
th1s year. The decline In consumption is
explained by the large receipts and low
prices OF fruit. When fruit is so abundant
and cheap as it is this season the products
OF he dairy are sure to go slow. This is the
situation at the present, and it is situation
not uniavOraDle to the health and comfort
OF consumers. The more fruit and less fatty
matter stored away in the inner man and
woman the better it will be for the health
and temper
Southern Trade Prospects.
The business situation in the South has not
been altogether rosy of late years, but in
that section there has been a decided i'm
prOvemeuU in the outlook as the following
q
journal, will prove:
In all parts OF the South farmers are re-
ported 81 less in debt than for years many
reports saving that their indebtedness is
smaller than at any time since the war, due
IN part to the enforced economy on account
OF monetary stlinGency since last fall and in
part TO the large crops of the last few years.
The low price o. cotton in the spring caused
planters to pay more attention to raising
their food supplies and the South will
probably be less dependent upon other Sec
tons for corn and wheat than ever before
il IL estimated fhat the grain crops of the
South this year will aggregate nearly 100 600
bushels more than in 1890. and this added
70 the large yields of fruits and vegetables
viii keep ut home at least S75, ,OO0 90 that last
Year went North and West TOR foodstuffs
This Will fully Offset the low price of cotton
and II cotton should advance by reason of a
decrease in yield, it would be a clear gain to
southern farming interests. The yield of
sugar, rice and tobacco promises TO exceed
the crops Of lSg0 and TO add largely to the |
general prosperity OF the South. The bank |
G1s IN all sections of the South report that
with business ON solid basis, with less in
1cbtcdnesS on the part of the farmers and
merchants than for many years, and with
good crops assured, the prospects for the fall
and winter have never been more favorable
a period Of great activity in solid, SUBJ
stantlal development is universally pre-
GicJeG."