The record-union., 1892-06-17
COMMERCIAL.
Review of the Markets for the
Past Week.
characterized by Sluggish Trade in
General MISUNDERSTANDING
Shipments Large.
Especial Correspondence REcoRD-UN1oS.l

The week under review has been character |
lied by sluggish trade in general merchandise |
and cereals and a plethora of funds in the |
banks. 1t is quite generally claimed that |
after this month trade will begin TO assume |
It's normal condition when much better times 1
can be reasonably looked for. There is con-
siderable money held in the banks against
large disbursements which to be made /
next month. These disbursements are State
municipal and incorporated companies, ana
consist largely of accrued interests, and also |
OF semi-annual and quarterly dividends. 1t |
is almost an impossibility to get the aggre-
gate, but IL is estimated in the millions. Alter
these payments its claimed that there viii be
more disposition to operate by spectators IN /
the various speculative commodities and Sc
curities.
TONNAGE MOVEMENTS.
Wheat charters have been quiet, owing to
exporters not being willing to take up vessels
for either old or new crop loading unless they
have first bought the grain. The tonnage in
port and on the way shows quite gain. The
tonnage on the way TO ports in Oregon and
Washington is also increasing. Late adYices
from up north report shortage in the Wheat
crop, which, if correct. will have tendency
TO weaken ships. The Wheat tonnage in port
Is as follows: Engaged, 21.657 tons; engaged
for new crop loading, 16,879 tons; olsen
register, equal to 259, ,S26 tons carrying
capacity. Tonnage on the way aggregate
26o,42S tons register, equal to carrying
capacity Of 442, ,7l7.
CEREALS.
Receipts-Flour, 93S barrels; Wheat, 1,3oS
centals; Barley, 4,35l centals; Corn, 21O
sacks: Oats, $50 sacks.
the market was subjected to such strong
bear pressure as is now reported. The very
large tonnage in port, with a large list on the
way would seem to suggest to operators the
strong possibility that low charters may OBJ
tain this fall and winter, yet they appear 20
ignore It, or else they recognize it and, while
doing so, are crowding down Wheat so as TO
buy the cereal cheap and, by getting low ton
mage also, they can and viii make good
profit on each cargo shipped. The bears were
aided the past week by the Government re-
ports giving more favorable crop advices re-
Rarding the growing crop in the United states.
Prlyate adv1ceS are not so favorable as Gov
ernment reports. Conflicting advices con-
tinue to come TO hand about the Eu-
ropean crops, but the general tenor indi- |
Gates that the outturn will not come up to the
expectations of about three weeks ago. In
Oregon and Washington the crop will be 20
per cent. less than it was last year while in
thls state 1t Will be more. Cool, moist weather
has kept back harvest work in this
State. The grain will be plumper and heavier
for the change in the weather. During the
past week one or two consignments of choice,
not gilt-edged, milling Wheat were sold at
81 4T12 which was decline on previous
tie DONE owing TO buyers and sellers being
apart. our market Is quoted as follows: Ship
ping, 81, 3324@1 3674 for fair TO good; choice
10 gtitedged, 81 371Z@1 90; milling, 81 400
10 for fair to good; 81 471@@1 so for choice
to gilt-edged. Holders ask more money than
quoted above.
BARLEY-By keeping out of the market
and crossing orders on call, dealers succeeded
In getting lower quotations, but at the decline
very little is done. No new is coming in, and
it is claimed very little win come in until bet
ter prices rule. The demand is slower owing
TO feeders and dealers confinfng their pur
chases as much as possible to nearby require
1nents. The market is quoted as follows: Feed,
fair to good, 90@9354c; choice to extra choice,
95@@9g735c; % !, g7 ;r,t brewing, $l@1 10. u
but advanced slightly under fairly active
demand. Receipts showed a slight increase
but they did not make any material differ
ence, The market is quoted as follows:
Feed, 81 321a@1 421a for fair to good, 81 4334
@1 90 for choice to extra choice; 81 521a9
I 90 for glIt-edged; surprise, 81 o5@1 90;
C0RN-The market ruled dull and heavy
the past week, with Large Yellow selling at a
to be fair. We quote as follows: Yellow,
large, 81 3o@1 80; small, 81 35@l 3o94;
KYE-The market Is dull at 81 2o@1 25.
FUTURES.
Throughout the week trading was lifeIess.
There were not even enough cross-orders 10
give zest TO the business. On to-day's Call
trading was slow.
CALL BOARD SALES.
Following are the sales recorded at the Call
Board to-day:
WHEAT -Morning-Informal: Seller 1892,
200 tons, 81 80; ZOO, 81 3915 2 ctl.
: BARLEY = Informal = Seller 1852, 100
Regular session: Seller 1892, 100 tons,
981ac; 900, $3.50 p ctl.
Afternoon Seller 1892, new 100 tons,
943sc; 700, 9414c.
December-16o tons, 98e; 200, 975Ic p ctI.
FEEDSTUFF.
sacks; Hay, $40 tons, Straw, o tons.
There has been a fair demand for both Bran
and Middlings, but slow call for Rolled and
Ground Barley and also for Feed Meal The
offish character of the demand for the two lat
ter is said To be due to buyers believing that
ouofed as follows. Bran ST. 50111S IN "a
ton; MiddIings at S2o@21; Rolled Barley at
$22@24; Feed Meal at S2S93o.
HAY-New has come freely, which
caused buyers to hold of, and to save ex-
penses consignees sold at lower prices. Old
Hay moves slowly at unchanged quotations.
The market is quoted as follows: New Hay
Alfalfa, S7@9; Wheat, S9@12; Oat, SS@10;
Wheat ana CAT, S9@l1. Old Hay-el1@
IA 90 q ton for Wheat $10@12 for Com
pressed; $10@12 for Oat; S1O@13 for Wheat
and Oat; S1o012 for Wild Cat; SIO@l2 for
Barley; SS@1o for Alfalfa; Ss@1o for Stock.
Slight concessions are made to save expenses
Straw is quoted at 45@6Oc p bale.
DAIRY PRODUCE.
Receipts-Butter 197 ctls, Cheese 173 ctIs:
Eggs $500 dozen; overland receipts-Eggs
5000 dozen.
BUTTER - The market is well supplied.
Owing TO cool weather holders are not press
ing the market; with warm wave a strong
selling pressure is expected TO set in. The de-
mand at the recent advances is not urgent
he market continues oVerstocl1ed with poor
10 good grades. We quote as follows: Poor
TO fair, 10G9l7c; good 10 choice, 1S6D2Oc: gilt
edged dairy, 21c; gilt-edged creamery, 22c
CHEESE-The market continues heavily
supplied, but are not advised of any lower
sales. The markets. quotedas follows: Cream
cry, gflt-edged, o1499c; good to choice, SO
SIC; fair 10 good, I9754c; Young America,
SCG1oc; boxed, slightly more.
EGGS-The market made quite an advance
the past week for choice to strictly choice
selected fresh laid. The latter is very choice.
To-day as high as p cents is talked for the
latter, but we do not feel Justified in going so
high We quote as follows: Store Eggs, 1St1
22c: Ranch, 21@25c; selected, 26c; Eastern,
1S@22, latter for special packs.
VEGETABLES.
Receipts-Potatoes, 3.712 SKIS; Onions, J.
223 SKIS; summer Squash, 2lO boxes; Toma-
toes, 56 bXs; Beans, 81 SKIS; Peas, 81 SKIS; Corn,
16o SKIS; Rhubarb, 130 bXs; Asparagus, 124
bxs.
The market was well supplied to-day for all
kinds of gardenstuH which neceSsitated sell
ing at slightly lower figures. The market is
quoted as follows Green Peppers, 15@20c 2
ID; Egg Plant, 10000 q ID; CucuInbers, Il a
2Oc 2 dozen; String Beans, : Q7c 2 10; Refugee
Beans, o99c; Wax Beans, 3@7c; Summer
Squash, 3O@50 q box for Winters and 70c@
81 for Bay; Asparagus, S192 2 box; Rhubarb,
50c@S1; Tomatoes, S1@i 80; Green Peas, so
@75c p sack; Dry Peppers, 10911c; Cabbage,
4O@50c ctl; Feed Carrots, soc; Turnips, so
@75ci Beets, 81; Parsnips, 81 %; Garlic, 20
4c q 10; Green Corn, $1@1 SO p sack.
ONIONS-The market broke badly the past
week under heavy receipts and a light de-
mand The market is quoted as follows:
Reds, 25@35e; SiIverskin, 45975c.
POIATOES-The market has held steady
and firm owing to the demand and receipts
Ieing equal. The overland Shipping demand
centers at Los Angeles, where the market is