The record-union., 1892-09-02
COMMERCIAL.
Cereals Inactive, with Buyers and
Sellers Apart.
Poultry Demoralized-Gilt-E But
ter and Strictly Choice
Eggs FIrmer.
Especial Correspondence REcoKD-UN1oS.l


SAN FRANCISCO, September 1, 1892.
There has been steadily increasing call for
funds with which to make advances against
grain that is going into warehouses. All ad-
vices report that the quantity of wheat which
is being warehoused by farmers in this State
is the largest on record. Among better in
formed persons it is the general opinion that
at present prices wheat is most certainly a
good venture, although the wheat and ship
rings claim that the market will go stil
lower. This opinion is grounded on the tenor
of general information from the East and also
from abroad that the wheat markets are oe-
ing manipulated by the same syndicate tnat
is manipulating silver, and that lower prices
are in the programme before an advancing
market sets in. This opinion is given for what
IT is worth, but nowadays moneyed syndl-
Gates can do anything, and therefore, they
may be able TO carry out their programme IN
the face OF a short crop, taking all producing
countries as a whole-the bear influences
on the market on the cholera scare, the
low price OF silver and the farmers at the East
and also abroad free sellers. Last year at about
this time Eastern and foreign farmers were
slow sellers, and California farmers sold freely,
with spectators buying; but now California
farmers are holding and Eastern and foreign
farmers are selling. In our market there has
been small selling. While cash sales are re-
ported, as rule, small, yet in the aggregate
fully enough to meet the more urgent wants
of shippers. 1t is claimed that the bulk of
the offerings is poor to good grades, while
buyers want choice to gilt-edged, so as to
bring up the standard of each shipment.
Ships are lower, and weak at the decline.
The large tonnage in port and on the way is
against ships. Barley has ruled weak at de-
ol{p 70
more or less pressure to sell so as to save ex-
penses. The receipts in August aggregated
27,414 tons, against 1920 tons in July.
The bulk of that received was off color,
while most Of the balance was of poor grade.
Choice TO gilt-edged bright Barley is in light
receipt, and, while wanted, buyers try to
get lower prices, owing to the low prices
of poorer and dark Barley. The exports
are largely in excess of the exports during the
like time in last harvest. Oats held firm for
the more choice grades up TO Monday, when
the market eased off under heavy receipts
and forced sales. The receipts in August
aggregated 2,372 tons, against JIG tons in
Tufy. The consumption Is very large. The
crop of both Oats and Barley in Oregon and
Washington are short when compared with
he outturn in last year. Corn has held fairly
steady. Receipts in August were 999 tons,
against $50 tons in July. With an increase
N receipts yet the stock IN this city on Sep
lember lst was not as large as on August 1st.
There was good shipping demand to Mexico.
Heavy rains in that country insures a good
crop, which viii doubtless lessen the demand
rom that source. Rye has shaded off under
increasing receipts and only fair inquiry
Oregon has sent us heavy supplies of mill
stuff, which was sold at nCessionS so as to
save expenses. The market for Bran, Mid
Ilings and Roll Barley is lower and weak at
he decline, Notwithstanding a large and in
creasing demand, Hay has held steadier,
with the more choice grades slightly
lirmer. The supply in the coun-
-ry, it is claimed, is not very
heavy for the time of year Tomatoes
and Sweet Potatoes made a big break the past
week under heavy receipts Ochre and Egg
Plant shaded of, closing weak Poor to
good Potatoes have had a hard struggle TO
keep steady, but choice, bookkeeping were
5lrm under good shipping demand. Potatoes,
It is said, are more diseased this year than for
several years past. A successful combination
was made the past week to advance Gilt-edged
Butter The movement is likely TO prove q
success owing to Del Norte and Humboldt
furnishing nearly all the gilt-edged that is
now coming to market and the supply being
concentrated. The trade is running more to
SOOu lhbcS anu ilSO " pic Ale. One3Se has
ruled steady. Choice fresh-laid Eggs are sell
ing higher. There is an increasing consump-
lion, owing to large attendance at the fairs.
Eastern Eggs are coming in quite freely. The
most of them are sold for California ranch by
the retail trade. Honey has come in freely.
but it moved off freely, owing to q scarcity
and good demand. Beans are in light sup
ply, yet the market has had poor support.
Poultry has been going from bad to worse.
with ali kinds suffering. Geese and Turkeys
held up but finally broke. Receipts have
been very large, both of California and East
ern. In its review of the market the Rural
Press says that owing to the cholera scare the
demand for hog products in the East has
fallen of. and in consequence the market is
lower; ours is also lower in sympathy In
livestock bulIocks are stronger, mutton sheer
firm and calves steady. In hops there is
nothing new TO report. Dealers appear to be
watching the crop out-turn and also cholera
movement abroad. The latter may possibly
have considerable influence on the market
Fail wool is coming in quite freely. While the
valley and southern clips are poor those
from mountain and up-coUntry ranges are
1air. New crop nuts are meeting with more
inquiry. The bulk of the walnut crop has
been contracted. The tone for all kinds is
strong. New crop raisins it is now conceded
viii probably do better. The shortage abroad
and cholera scare will be in favor of Califor
nian. Packers cannot exercise too much
care in putting on the market only the
better grades uniformly and attractively
packed. The end justifies this course
Last years inferior packing did great
injury to the industry. Dried fruit is strong
and tending Up. 1t is claimed that there is
not 500 tons of dried apricotS unsold Prunes
are strengthening. The short crop and high
asking prices abroad are in favor of the sci
lers. Dried plums are scarce and high Dried
grapes continue to have strong support
Peaches are meeting with a freer demand in
the country. Buyers are picking up all they
can find that are not held too high At pres
ent prices, it seems driers are letting 90
Pears and nectarines are steady, as are other
kinds OF dried fruit. The market for fresh
fruit shows more strength for choice canning
tree fruits, with still better prices looked for
Th ere has been free buying of choice green
Bartlett pears, with sales TO the trade as high
as 81 so per box. Choice plums and prunes
are scarce. Choice, firm peaches are wanted
at an advance. Grapes are improving in
quality, and as the quality grows better, quo
Iations are higher for the more choice Heavy
shipments are being made Eastward and
also UP north The cool weather is against q
Tree consumption of watermelons, canta.
loupes and nutmeg melons. The market
nuctuates daily. Lemons and lines are scarce
aud high.
Stocks of grain in warehouses and on
wharves in tons on September 1st were as fol
lows: Wheat-Port Costa, 79,0 ,0o2; Stockton
52,1SO; San Francisco, 2.052; Barley, 90,
159; Oats, 1866; Corn, ,S27; Bran, 10y,
Steamer Movements.
The following vessel dates for sailing and
destination cover the outward movements in
next week:
september. Steamer. Destination.
-Progreso........ New York
Point Arena. - Point Arena & Mendocinc