The morning call., 1891-08-06
CONDITION OF TRADE.
Both State and City Doing Very
Well Commercially.
Pronounced Gain in Eank Clearings-The An
nual Glut in Fruit-The Lumber Trade.
The Grain Markets.

As far as surface ana statistical indications
| 60 business is good. Certain lines are dull,
while others are active, and on the whole
the city and State are doing well CONNER.
cially. Collections are fair, and money is in
ample supply with an average demand.
Building operations are heavy. though real
estate is inactive.
Local bank clearings last week were S1S,-
6S2, 49S, against ST. S97, $50 for the same week
last year. For July they were S72, Az 739,
against S79,010.576 in July, 1890. For the
first seven months of 1891 they were $751;
| &c., against $463, 724, 91S during the same
period in $780, Here is gain thus far this
year of $3l, 800, 900, which is not bad.
THE GRAIN MARKET.
| Wheat rules firm at 81 So to 81 57h for
| good to choice shipping grades Foreign
quotations have advanced, owing to unfavor-
able crop reports from France. The de-
mand is quiet as far rs the city market is
concerned, but the shippers are buying
| freely in the country. We exported thirty
| one eargoes in July-one for every day
something that has never before happened
in any July since gram has grown in Cali
| fornia.
Barley has dropped sharply during the
week. feed now being quoted at 81 OF TO
| 81 TO- This is decline Of 81 per ton since
| last review. Arrivals are large and offerings
| are heavy.
Oats and corn have declined and the lat
| ter is duh and very weak.
Rye is steady and unchanged.
Bran, middlings, ground barley, chopped
feed, corn meal and cracked corn are all
| lower.
Flour is steady and unchanged.
Grain bags are held at u cents by impor-
ters, While a few outside lots are going at
! oA cents. The market Is not very active.
GENERAL COUNTRY PRODUCE.
The hay market continues interesting
| For over two weeks supplies have poured
into TINS city at an unprecedented rate, but
! such has been the extraordinary demand
that prices have declined only ST per ton
under all the torrents of receipts. The
market had got comp etely bare at the close
| OF the last crop year, hence the current brisk
| inquiry. Alfalfa and clover are scarce and
| firm. Wheat hay is in enormous supply and
easy, though dealers look for better market
| as soon rs the flood of shipments dimiushes
| Receipts for the week were 6S00 tons, and
| since the present heavy shipments began,
a fortnight ago, 1900 tons. This beats the
| record. Dealers have been buying and stor-
! ing large quantities in the principal hay
! dlstlcts, confidently expecting a rise later on
IN the season. Indeed, at the close, the
market already exhibits an improved tone.
Beans are slack, with slight decline in
whites.
Potatoes continue abundant and cheap.
! Onions are also in good supply, though the
| market Is firmer at the close.
Butter has broken under liberal receipts
| from the East and from tile creameres up
| the Coast Some of the Eastern creamery
butter now coming in Is remarkably fine,
and dvertS considerable trade from our
| home butter.
| Honey is in ample supply, with moder-
| ATE demand and cnmb honey is SLIGHTLY
| lower.
Fresh fruit has been demoraized as a
rule during the past week. Aprcots and
| peaches have broken to low prices, as will
| be seen in the commercial columns. and
| Bartlett pears have also declined. Every
| year there IS 4 week or ten days of glut in
| the fruit market when receipts exceed the
| capacity Of the Gamers and the local trade,
and prices accordingly break. 1t is this
annual glut that We are now passing
| through.
Dried fruits are utterly neglected There
| is no demand, either local or Eastern, and
stagnatton prevails. EvapOrated apples
are lower, and peaches and apricots have
| also declined. The trade look for an im-
| provement later on, however. There is
| plenty of room for it.
Ralsins show no Improvement Business
| Is very slack, aud there have been, thus
| lar. few sales for future delivery. Growers
are asking 81 60 to 81 70 for new-crop lay
| ers, and 81 % for loose muscatels; but
| buyers show no disposition to pay these
| prices.
Hops are dull and weak. Crop prospects
In England, Germany and the United States
| are god, though some sections in the North
Pacific States report damage by lice. New
crop hops have been offered on this
| market at 10 cents, with 171R cents bid.
These figures show weak market.
Wool is quieter, but firm. The fall clip IS
| now appearing.
Hides are WAak and NJ
| quotation. The meat market is unchanged.
GROCERIES AND PROVISIONS.
The grocery jobbers report satisfactory
| movement with few changes in quotations.
| Sugar runs along remarkably even, and
| prices have not raised since the 18th of May.
| The inquiry for refined is reported good.
The private circular OF r. Hochkofer gives
| the arrivals of coffee at this port since jan
| uary 1st at 1926 bags, against 1913, g94
! during the same period in 1890. The sales
| from hrst hands were 80, 22S bags, against
! S6,967. The shipments overland were %. 800
bags, against 1898. The stock in first
| hands August 1st was Is, 1856 bags, against
/ 81, 49, The circular says:
| slow distributlve movement among jobbers
| has kept the market 10 tame condition since
| our report Of the 22d, with a very light d mand
| tor all descriptions Prices have remained nomi-
| nally unchanged although 4 few parcels OF COSTA
| Rca and Guatemala that were pressed upon the
| market sold irregular al some concession. Good
| green unwaShed Salvador is still firmly held at
! 10 cents, at which hgure dealers ale supplying
| themselves In hand-tO-mOuth way, while at the
| same time expressing their willingness to buy
| more freely at 4 slight reduction. The stock OF
this description Is gradually concentrating Snip
ments overland since the 22d comprised 334
| bags Guatemala on The basis Of u ~ cents for
| prime washed.
Rice is firm and unchanged.
| Provisions are buoyant, and all smoked
meats show an upward tendency in SYM
| patty with strong Eastern markets.
Cereal products are generally lower in
| sympathy with raw grain.
Canned fruits are somewhat unsettled. A
few Gamers are very weak and Offering
| their pack at concessions TO effect sales
while others are inclined to hold firmly.
| Some sales on Eastern account are reported,
| but as rule the market Is quiet with but q
| limited demand from the East.
MISCELLANEOUS.
Dealers report fair demand for tobacco
and cigars with no special feature to the
trade.
Dry goods rule dull.
Metals arc quiet. Quicksilver is inactive
| and easy. Spot tin plate is scarce and
higher at Sc 50 per box, while for January
June delivery the market is weak at Sc 1914
| Fig tin Is slow az q "a cents per pound
Coal is coming in freely, the weeks de-
| livery being 20,569 tons Coast, 1904 tons
! Eastern and 1922 tons foreign. All foreign
| descriptions rule firm at the recently I'M
proved prices. Alocal circular says:
There is but little change to note during the
week, as arrivals have not been excessive, and
the jobbers report a very active trade, so that
| stocks are not accommodating There was little
! fintIer created by of our principal iobbers
making marked reduction on n leading brand
| OF domestic coal. Foreign cargoes en- route are
held at full figures, as also for early loading, as
any arrivals at the beginning of the fall season
| Will be in good demand.
Lumber is in fair demand at the recent de-
cline. The receipts at San Francisco during
the first seven months of 1891 compared
with the corresponding period in 1890 were
as follows: Pine 156. TAI, 600, against 139.-
$4,000; redwood 91,17S,O0O against l03'-
1000. shingles 74947, $50, against 6S,973,-
800; railroad ties 10000, against 796. $40.
Local customs duties collected in july
were SG73 600 and for the first seven months
of the wear 81 173 loo as apainst 81 1s1 ono