The morning call., 1891-05-06
CONDITION OF TRADE.
The Wheat Market Continues to
Tend Downward.
Foreign Goals Declined - The Coffee Trade.
Continued Increase in Local Bank
Clearings-Eto.

Jobbers in groceries report more than m
average business, incidental to the recent
visit of the President, which attracted many
country merchants to town. Other lines OF
merchandise show no especial features.
Our local bank clearings continue to make
most favorable exhibit. Last week they
were SIS, 97S, 667, against ST., 114,2 99 for the
same week last year. For April they were
So, 64S, 541, an increase of S5,600.000 over
April, 1890. For the first four months of
1891 they were $685., 800, 6O3. against S240,-
6S4, 800 for the same period in 1890. A gain
of $45 600, 600 in four months is not bad.
THE GRAIN MARKET.
Wheat continues skittiSh. Several days
ago the market showed more tone, but a
! steady decline, day after day, at Chicago
| and Liverpool operated against any recov-
| cry, aud a break at Chicago yesterday
| caused a corresponding decline in options
! here. Actual wheat is not as weak as OPP
! tions, however, because most of the wheat
is now owned by the shippers, and as there
is little or no competition to sell among the
| few remaining holders, prices decline very
| slowly. The market is by no means firm,
however.
Barley is lower and weak. owing TO the
| approach of the new crop, aud sellers are
now more disposed to sell. Buyers in their
turn hold off, and trade is dull.
Oats keep up to the previous high prices,
as receipts and stocks are small.
| Corn is weak, though still dear, yellowS
bringing 81 Az to 81 so, and white, which
| is scarce, 81 rs Receipts Of yellow have
been heavier during the past few days and
BUYERS are demanding concessions.
Rye is weak and quiet at decline of 2h
cents Bran and middlings are scarce anu
both have been marked up several times
since last review.
Flour still brings the high prices of the
recent boom in wheat, but the market is
quiet, as dealers stocked up freely during
the late excitement
GENERAL COUNTRY PRODUCE.
Hay is fairly steady at the high prices.
Choice brings 800 though the medium and
lower grades are quiet and lower.
Pea and white beans continue firm at an
advance over last weeks prices, but all col
Ored beans are dull and weak.
Old potatoes are selling lower weak and
neglected, with plentiful supplies. New are
selling fairly at about l cent per pound Tor
choice.
Both old and new onions are quiet.
The situation in butter remains practic-
ally unchanged. Receipts are large, but
there are free shipping orders on the mar
ket, and these, with the liberal packing,
keep the surplus from breaking the market.
Cheese Is weak aud slightly lower than at
last review. Eggs, both California and
Eastern, are in good supply, weak and
cheap.
Prices for dried peaches. plums, figs,
grapes and apples have advanced from "a
cent to y cent per pound under an increas-
Ing inquiry. Prunes continue dull and easy,
! and are in better supply than the other de-
scriptons. In fact, dealers expect that
s1rfn h W.-n11 al
the time the new crop is ready, saving, per-
haps, prunes and raisins. The latter are in
large supply and continue low and neg
lected.
Hops are steady at last weeks prices, and
some contracts for new crops as high ms liz
cents are reported, though growers are
rather shy OF meeting buy erS at this figure.
Late New York adYIces say:
Market Is quite firm for New York State and
Washington, although with little business, aud
concessions would have TO be made II sales
were forced Still. the market Is phenonenaIy
strong, because of small stocks hers and me
LEAST excitement would send az prices three or
four cents per pound.
Wool is firm and dealers report a fair and
steady inquiry.
Mutton and lamb are weak, but no lower.
Other meats are in good supply and I'M
changed.
GROCERIES AND PROVISIONS.
Coffee is active and firm with a fractional
advance in Salvador reported.
Rice SHOWS no change worthy Of note.
Sugar Is reported steady with a good in
terror demand. The combination between
the two local refneries tends largely to keep
prices firm, as there is now no competition.
Provisions are strong and In brisk de-
mand, and hams, bacon and lard continue
to advance every day or two. Cooked corn
beef is still advancing.
Canned fruits are quiet and easy, owing
70 In of ha
are lower, supplies being comparatively lib
eral. Not much business in new crop is
being done. though the Gamers report some
sales of 1891. Peaches and pears at 81 80
and of apricots at 81 10 per dozen.
Canned salmon is quiet. Some sales of
new Alaskan fish, future delivery, at ST. 10
are reported.
MISCELLANEOUS.
Most descriptions of cordage have been
marked down u cent per pound.
The receipts of lumber at San Francisco
during the first four months of 1891 as COM
pared with the same period in 1890 were as
follows: Pine, S7,6S7,000 feet. against o.
1914 600 feet; redwood, 43, 46l, 900 feet, against
50,509.000 feet; shingles, %, 344, OOO against
22.S51, 900; railroad ties 199, 800. against 1885,
979
A fair inquiry for dry goods is reported.
Tobacco and cigars are moving off toler-
ably. Prices for tobacco are firm.
Metals show no particular change The
ship Goldenhorn from Swansea, which ar
rived April 18th, brought 8, 290 boxes of ii
plate, one of the largest cargOes ever brought
here. Hence, tin plate is now in better sup
ply. quicksilver continues dull at SAB per
flask, though some holders ask S44 to S45.
which is the present parity of the London
market.
Foreign Goals are weak at a decline rang
Ing from 90 cents to 81 30 per ton from re-
Gently ruling prices. Coast house Goals are
no lower, but they are weak. The private
circular OF l.. Steuart gives the receipts of
coal at this port in April at 103, 200 tons.
against 9,540 tons in April. 1890, and So, 610
tons in April, 1889. The Coast mines sup
piled $500 tons of last months amount.
Australia 26.900 tons and Great Britain TO-
900 tons. The receipts during the first four
months Of 1891, were 475, $50 tons, against
100000 in the same time last year and $685.
100 IN 1889. The circular says:
During the month coal for present and near.
future loading In Great Britain has been obtain
able Tor this market at lower prices than have
prevailed Tor number OF years, tonnage for this
port being Obtainabe there at extremely low
rates OF freight, while tonnage in Australian
waters at present commands comparatively
higher rates; Goals from this quarter are IN con.
sequence relatively higher. Supplies from The
tlful.
Exports of produce and merchandise from
San Francisco during the first four months
OF the year were SIG, 697 600, against S13.-
$4,000 during the same period in 1890.
Duties collected by the San Francisco
Custom-house during the first four months
of 1891 amounted to $2.549,9O0, against 81
4S6, 300 during the same period in 1890
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