The record-union., 1892-10-07
COMMERCIAL.
Decided Improvement in the Cereal
Market at San Francisco.
Bran and MIddlings Scarce and Prices
Advanced-Creamery But
ter Very Scarce.
Especial Correspondence REconD-US1oS.1

Especial Correspondence RECoRD-UNIoNI
SAN FRANCISCO Oct. 6, 1892.
Since summarizing the local situation one
week ago we can report a decided and crafty
ing improvement in Wheat circles, in sym
pathy with foreign quotations. Last Thurs
day spot Wheat was dull and inactive at quo
tations from 21lc to SC lower than they are
today, while the feeling at present in contra
distinction is very firm, with possible up
ward tendency. Freights have been active at
an advance, with several clearings of large
ships to report. The advance in freights has
OF course lessened the returns to producers
than would be the case otherwise, but at the
same time ii is a matter for congratulation
that the future affords better promise. At to-
days quotations shippers claim they can sup
ply all their wants, but back of this is feel
ing that they viii have TO pay a little higher
before another week shall have passed. In
the speculative market corresponding condi-
tions have prevailed. Offerings have been
governed considerably by foreign advices.
Buyer December Wheat has been especially
active, with large sales daily. In fact, the
feeling on all futures is sitter each day. This
morning 3,400 tons OF Buyer December
changed ownership at prices ranging from
81 363L@1 361s-compared with last week
an advance of 2@214c p ctl. May sold for
81 41@1 Az amounting to 900 tons. Buyer
January sales were only 100 tons at 81 375E
Seller the Year is quoted at 81 31% bid,
which is not acceptable, and no sales made
Barley has been very quiet, with no change
since week ago. Dealings have been light
on the Produce Exchange, while in the spot
market the demand has been light and con,
fined principally TO Brewing. Only 200 tons
of Barley changed hands on Change to-day
December at 91c a better market is looked
for with the coming week.
Oats and Corn are and have been dull, and
we cannot report any new features.
Rye, which has been at standstil so long
to-day advanced to 81 10 for choice, at which
the feeling is firm.
The feeling for Beans has slightly improved
but there is little action. Pea, large White
and Lima Beans are held higher.
Hay and Straw, for the better varieties, are
quotable higher, with good feeling.
Bran and Middlings are scarce, especially the
former. at much better prices than we could
report a week ago.
Buyers and sellers for Hops are still apart.
The situation condensed is this: Hops now
quotable at 20 cents per bale in New York
must either advance or California holders sell
for what dealers will give-16 to 17h cents.
Heretofore considerable talk has been in
dulged i'll that carload lots have been sold for
20 cents per bale. No later than yesterday
two or three carloads were sold at these rates
but this cannot be considered criterion as to
what the market really is. Dealers had to
furnish brewers the amount stated under con.
tract, whether they paid 20 cents or so cents
Last year the market opened in September al
10 cents, but rapidly advanced to 20 cents
per bale. This years coast crop will probably
about nI1oa aSf bo1
IL New Y ork the crop is estimated at 10 pei
cent. in excess of 81. and the market is being
well supplied with New York hops at &c
cents. Brewers are inclined to be conserva-
tive and will not advance the market SO there
is little hope of an immediate rise from pres.
ent indications.
The Call Board Directors have changed
rules relating to warehouse rates which will
be of interest, as follows: Regular or GUS
tomary storage charges under this rule shall
not exceed 20 cents per month, and the rate
for five days or less was reduced from 0 cents
10 cents per ton per day. The date of ter
mination of the season was changed to May
31st. The changes met the approval of most
of the members, except the warehouse men
who strenuously objected to the transient
rate"
There is a famine for fancy creamery Butter
The carload expected from Humboldt did not
arrive. Other grades of Butter are firm
Cheese is steady, with good demand for fancy
new mild. Eggs are weak, owing to heavy
receipts.
Vegetables have been slow of sale for the
past week. The shipping demand for Pota.
toes aud Onions decreased considerably. To-
day, however, there was little better inquiry,
and Sweet Potatoes advanced.
Green Fruits are rapidly diminishing in
H. ntsz
all kinds at this writing is poor Bartlett
Pears are seldom seen. Citrus Fruits arrive
freely.
Dried Fruits are steady at justice quota
tions. Rasins, which have been expected for
the past two weeks, will not arrive until next
week.
Poultry has cleaned up moderately well
Since week ago a drop has taken place fol
Turkeys. Choice Hens are in active demand
The Game so far in is of so bad quality il
is hardly worth while to quote. Good Game
win sell well at high quotations.
Live Stock and Provisions remain about the
same.
Business in general lines of Merchandise has
weekly resume Prices have fuctuated
somewhat, as revised quotations will show.
Cereals.
WHEAT = No. 1 Shipping, 81 80
choice, 81 3212; milling, new, 81 35@i 3614
BARLEY-Feed, So@S21ac; choice, 55
oAfS-Fair TO good White. 81 1901 25;
choice to fancy, 81 271&G1 32r5; OFF lots,
81 05@1 Is; milling, 81 5O@l 35; Surprise
81 4o@1 20; Black, 81 1901 %; Gray,
CORN : Yellow, large, 81 2215; small,
81 2. ~ White, 81 35@1 40.
RYE-We quote: 81 o71%@1 10.
Other Cereals. Etc.
The market is quoted as follows:
BRAN-S16@16 80 q ton.
IDDL1NGS-S22@924 so = ton.
ROLLED BARLEY-S21@23 q ton.
CRACKED fStS CoRNISS9 o S5S 5o936 son 5Sn ton.
FLoUR-Net cash prices: Family Extra,
S4 1904 20 p bbl; Bakers Extra. SI@4 10:
BEANs-Pea, 81 5000 SO . ctl; Pink,
So 2ot@2 so; Bayos, 50 10@2 20; Small
White, 50 4o@2 co. large do, So 1902 Is;
Butter, So; Red, nominal; Lima, S8@3 Is.
SEEDS-Rape, 214@215c q 10; Hemp, sc:
Canary, 494@5c for imported; do California,
nominai: Fax, 214921ac; Alfalfa nominal;
HoPs-16@2oc y n.
STRAN-35G45c . bale.
HA1-We quote as follows: Glover $50
9 so; Alfalfa, 81 50@9; Wheat, S1@I3
Wheat and Oat, 81 5oG1i 90; Barley. S6Gs:
Island sacramento River do. S5@6; oat,
Dairy Produce.
BUTTER-We quote: Fancy Creamery, 361S
@371Sc: Fancy Dairy, 3219c; good t.
choice. 211S6a 29c; common TO fair ! lSa2216c.
Picked Roll, 23@25e; Keg, 221g@25c : ID
CHEESE-The market is quoted as follows:
Skim. 3@5c; California, S@10c; California,
new. lO156I1 &c; Young America, 11@l &c:
New York Cream, 13@133ac; Western, 126
1255c.
EGGS-Choice Store, 32@35c = doz;
for fair to good and 271ac for extra Sc
lected.
HONEY-White Extracted. -@Sc; Light
AL Il. n Ar-nIa ..