The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1891-12-09
HIGH WATER

PRODUCE MARKER
The produce market has not been as active the
past week as il usually has been. Some barley
and oats are coming in and find a fair demand,
out wheat receipts are very light The British
ship Godiyia has just finished loading $500 tons
OF wheat at the elevator, and will sail for Eu-
rope In day or So This leaves room in the
elevator for quite an amount of wheat,
and before it will be full again more
vessels will probably be in for cargoes, so there
Is but little danger OF smother blockade this sea-
aon. Why 1t Is that the receipts are not heavier
at present can only be accounted for on the
theory that farmers are holding on TO their
crops as long as possible in hopes OF higher
prices. Evidently the first rush was caused by
the farmers who were forced to sell to meet
their obligations, in addition to those who pre-
ferred TO accept fair price rather than take the
chances and hold on. at present the Seattle
FIGURING Mil Company is purchasing ali the
wheat and barley offered for sale here outside of
what is handled by the iobbers. aud hereafter
Inc OBSERVATION-DISCLOSURES viii publish the local
quotations on wheat daily
The situation in the hop market remains I'M
changed. Phil Nes, one CT the heaviest buy
ers in the city, said yesterday he had just closed
bargain for a lot of very good hops at 10 cents,
aud few days before he bought l25 bales of
choice at Is cents. For this lot he said he
could not get more than 151z cents in the East,
but he shipped it to England at l6 cents. He
does not look for the English market to con-
tinue the present prices for any great length of
time, for the shortage in the crop in Great Brit
ain does not exceed 100000 American bales,
while the surplus in Germany is almost equal
to that amount, and that the shipment from
America to England has already reached 10000
bales. He estimates 10000 bales OF a surplus still
In America, aside from the old stock on hand. He
says there is also quite an amount of old
stock on hand in England and Germany In
the face of these facts Mr.. Neis thinks it is I'M
possible for the market to Improve, but on the
contrary is liable to break at any time. He ex-
plains the recent advance in prices in England
to the fact that the crop had been greatly over
estimated in Germany, but now that the correct
estimate can be arrived at the speculative
feature OF the market has about vanished
The live stock market continues steady, with
plenty native cattle In sight to supply the de-
mand for some time TO come. Hogs are begin
ming to get scarce and jobbers will have TO be-
gin shipping in from the East.
JoBBING TRADE.
The jobbing trade continues fairly active and
prices steady. There is some cutting on -four,
but no permanent reduction has taken place.
Table corn meal is down 20 cents per cwt. The
first navel oranges are looked for about Dscem-
Der 20. Prices will range from $3.50 TO S.
GENERAL SHIPMENTS.
During the past twenty-four hours goods and
lfleTcUdhuise nave ueei bilppeu from SSattle IN
thu following amounts, BY rail-Northern Pa.
cifc, 2l0 tons; Columbia & Puget sound, 20
tons; Seattle, Lake Shore * Eastern. Isl tons.
BY water-G0dIva. 3,2OG: Prussia, LOO tons:
Mabel, 81 tons; Angeles, IS tons; Puget Sound Il
Alaska Steamship Companys boats, 25 tons;
Wasco, 9 tons; Glide, S tons; Buckeye, 1 tons.
Total shipments, 5,447 tons.
MERCHANDISE AND PRODUCE RECEIPTS.
Produce and merchandise have been received
at the port of Seattle during the past twenty
four hours as follows: BY rail-Northern Pacific,
500 tons: Columbia & Puget Sound, % tons; Se-
attic. Lake shore & Eastern. 81 tons. By water
L. ]. Perry, GO tons; Angeles, tons. Total re-
ceute 49l tons