The morning call., 1891-03-11
CONDITION OF TRADE.
Business Is Fair, With a sC0n.
tinued Brilliant Outlook.
Pronounced Rise in Wheat and Flour-Petro-
leum Lower Gain in Bank Cleariugs.
The Sugar Trade.

Trade is good. The roads have got settled
again, and the movement of merchandise in
terrupted by the February storms has been
resumed. The crop prospects could not be
more brilliant. collections cannot be called
hard, money is in good supply and steady
demand, and failures are small and unim-
portnnt. The increase In business is
demonstrated by the large gain in local bank
clearings, those for last week being S19,-
10000, against S14, AS, 200 for the same week
in 1880.
THE CEREAL MARKET.
Flour has again been marked up to CORE
spund to The advance in wheat. Tie demand
for -four has lately been exceptionally brisk,
and the exports in February were 123. 100
barrels, against us, 400 in February, 1890
Reducing the exports of -four to a wheat
basis, we have total exports Of breadstuffs
for the first eight months of the crop year of
1S9O-91 of 11,C69, 900 centRls, valued at S15,-
155, 600, against u, o95, COO centals, valued at
SIS, $50 600, during the corresponding period
last crop year.
Wheat has steadily advanced all over the
world, and No. l shipping wheat is now
quoted at 81 52H, the highest price touched
for some time. The rise has been accom-
panied by an unusually brisk demand, and
large quantities OF wheat have changed
hands during the past month or six weeks.
Grain bags have also gone up and are now
quoted at Il cents as the best price Tor May
aid June delivery. The demand has heen
very coed Of late and many have been
bought on future account. The advance was
caused by excellent crop prospects and I'M
fsreseen delays in dispatching the usual
ships from Calcutta. This in the face of
decline at Calcutta, mentioned in this column
several weeks ago.
Light receipts of corn enable holders to
keep up prices. which they do with venge-
suce, 81 80 to 81 10 per Genital being the cur
rent quotations for yellow. Buyers, how
ever, continue to purchase sparingly.
Barley continued to advance during the
week, feed getting up TO 81 1874. Receipts
have been moderate and the advance was
easily maintained
Oats are more literally offered, but prices
rule firm and sellers exact full figures.
Rye is lower than last week and the mar
keI is not very active.
Bran and middlings have shown no change
sisce last review.
GENERAL COUNTRY PRODUCE.
Dairy produce leads all other lines under
this head al present in p0iut of fiuctv atoms.
Butter has continued to decline under heavy
receipts and 22R cents per pound is now
full figure for the choicest roll. As ex-
pected, the decline has led TO a resumption
Of the shipping inquiry, and free shipments
are now being made to northern and terri
toiial points. The market Is still largely
supplied, however, and weak.
Cheese has declined with butter, and the
best is now quoted at 1914 cents per pound,
against Is cents per pound a week or two
ago. and tendency is still downward
Eggs are lower but are shade steadier
at the close.
Hay rules firm at the good prices
There has been a slight but general adj
vance IN beans during the past week or ten
days, and at the close the market is firm.
though quiet.
Now that rail transportation is fully re-
sumed, the accumulated orders for potatoes
are being filled and there is consequently a
good movement southwark and eastwar I'd.
Ii is high time, for the market had beco me
heavily oyerstOcked, causing prnnoun ced
decline in prices, which, it may be re-
marked, are still low.
Onions are unsettled and 60 up one day
only TO decline the next.
Dried fruits are quiet. with decline in
prunes and apricots and break in peaches
from 1917 cents TO liz cents, with few buy
efs at the decline. Apples show no change.
RRaisins continue neglected, cheap and
drmoTaIiZed. Sales are Insignificant
In fresh fruits There is little new. Apples
are cleaning up and the market is firm at a
further advance. Oranges had become
pretty well reduced, but arrivals are heavy
again at the close.
Hops continue dull and nominal at pro-
n0unc5d decline.
Wool rules quiet but firm, with badly
broken assor;ments.
Of hides and pelts the private circular Of
Sumner & Co. says
The sailed hide market continues about the
same, out the mar ct Is steady. and there does
not seem 10 be any chance for any lower prices
Inc medium weight steers are perhaps IN better
demand man otter grades Of hldes. Sailed kips
are qulet, but veal and calf doing fairly well.
Dry macs cOniihue about the same, but there
seems 10 be more activity In the ma kei ara the
outlook IS more encouraging for better values.
Dry hip ana cay. especially No. 2 grades are
very quief. oec'sklns are tribe weaker, owing
follower prices 20 New York, nut the prices
quoted are relatively higher Than the Eastern
Valuations. Goaisklus are very duh indeed. conf
psratiyely few being tanned 10 this MARKET
During the past month sheepsklns have been