Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1891-12-23
TOO MUCH PRODUCE
Gluts the Markets and Cuts Down the
Profits of Producers.
CONSUMERS ARE STRICTLY In 1T,
Though the Middlemen Are Just Now Out
side the Breastworks.
POINTS ON COFFEE AND LEATHER
OFFICE OF PITrsBURe DISPATCH, I
Oh 2

OFFICE OF PTTTsBUEe DISPATCH,
TUESDAY, Dec. q.
According to the uniform testimony of
produce commission merchants, trade has
been unsatisfactory since the garden and
farm products of 1891 were gathered. The
reason given has been the great yield in all
lines. The previous year was one of scarcity
throughout the land, and nowhere else, was
there greater shortage of crops and fruits
than in the region of which Pittsburs is the
trade center. The year 1891, on the other
hand, proved to be one of the most prolific
on record, And Western Pennsylvania en-
loved to the full extent the benefit of
the increase A year ago at this time
produce commission men were happy over
big prices and quick demand for all stun of
fered. Their labors were light and profits
heavy.
The season now drawing near its end pre-
sents exactly the reverse picture. OF late
stuff is plenty and demand very slow, with
profits reduced 10 Il minimum. The pro-
ducer and merchant alike complain over the
present situation, but the consumer has no
cause for complaint, as he can lay in his
household supplies at less than one-halt
their cost a year ago. The one item of po-
tatoes will show the 'twixt now and then.
81 50 per bushel. Now they are soc per
bushel. The same difference is seen all
along vegetable and fruit lines To large
families the difference in prices means not
less than So to s. each week.
The Coffee situation.
twill be seen by reference to our home
market column that package coffee has been
reduced &c per pound. 7. is was one of the
unexpected things that occasionally hap
pens. At latest reports from sources of sup
ply, markets were reported active and
strong, and our dealers have been looking
a 1,o dr.fNr, hn lnl
lowing from Mondays issue of the Boston
Herald indicated strong markets: "Satur-
dav's Rio cable reports receipts at that point
OF 1900 bags, with receipts at Santos of a.
Coz bags. The total stock is now reported at
252 600 bags: last year 1900 bags. The
weekly Rio cable reports the market firm,
with exchange at I'D. The daily average OF
receipts for the week were 5000 bags: ship
ments to Europe, $1,000 bags; to the United
States. 1900 bags.
The New York total visible supply of cof-
fee is nov figured at 440 Csc bags; same time a
year ago 39S. 42S bags; same time in 1889, 4l9-
266 bags. The total receipts on the crop at
Rio up to December IL, had been s,oss,CoO
bags; same time last year. ,3l4, 600 bags; same
time in 1889, zoos 600 bags
Late reports make the Rio coffee market
strong and steady in New York, with assort-
ments poor and desira BILE co1fees hard to find.
The Maracaibo ma arket, outside of the fear
that the President NAV proclaim the duty on
itof &c 2 n, is steady. The next steamer, due
on the 23d, has about 10,C09 bags. Good cof
fees of this class, in fact, all good Central
American coffees. are scsrce and very hard
to find. The entire stock of Maracaibo in
first hands is now but $40 bags. and all un-
desirable coffees. There are no washed
Bucks, Bogotas nor Guatemalas in first
hands.
"Spot stock of Java coffees are somewhat
reduced, and prices are some L5c higher this
week. All the fancy coffees are very firmly
held"
Heavy Exports of Leather.
There has been no year in our history,
when the amount and value of leather sent
out from the United States to lands beyond
the seas were as large as they have been this
year, 1891 Statistics show a steady increase
for the past three years.
According to the report of the Secretary
of the Treasury just issued. the value of
exports of leather and manufactures of
leather was, for the u months ending June
80 of each or the following years: 1881,
slS u.s. al: 1890, sl2 ass s47 1889 sl0747,7l0 The
imports of hides and skins other than furs
during the year ending June 80, 1891, as COM
pared with 1890 shows an increase of Sc 04s, ,s73.