The record-union., 1893-07-28
FRUIT CANNING INDUSTRY.
Remarks by a Prominent Local Packer
on the Subject.
E. B. Carroll Thinks That a Large
Pack This Season Would Not
be Good Thing.

The San Francisco CdU of Wednesday
published a statement to the effect that
one of the Sacramento packing
companies had procured money advances
in San Francisco to enable it to 60 ahead
and put up large pack this season.
A RECoRD-UNIoN reporter yesterday
asked E. B. Carroll, Manager of the Capt.
tol Packing Company, ii his company
had made similar arrangements, the gen.
eral impression being that all the packing
institutions were being hampered by the
prevailing financial stringency.
Mr.. Carroll said he had not seen the
San Francisco statement referred to, but
SO far as the Capitol Packing Company
was concerned it had no application.
"We have no trouble" he said sin
securing any amount OF money that is
necessary to conduct our operations upon
any scale that we decide at any time; and,
further, an institutions credit is better
established by It's payments than in pub
lications.
1t Is true great many canneries in
the State cannot secure money, for they
rely upon warehouse receipts as security.
or advances on certain orders which are
TO be manufactured and shipped at once,
void this season.
1T is perhaps better for the can-goods
trade that number of canneries should
not run, for the markets are completely
demoralized. This comes about from
various sources, mostly, perhaps, from
strlngency in money, which attacks the
Eastern trade, and prevents large con-
sumption. The next reason is that what
trade there is East of Chicago is drawing
mostly on goods which are already in that
territory IN large quantity. These were
sent around Cape Horn last fall, when
ships were easily chartered at very low
rates and there appeared no prospects of
reduction in railroad rates. Some of
these sailing rates We're as cheap almost
as the same goods could be shipped from
San Francisco to Sacramento; but it is
questionable if such shipments would
have been made had there been the same
settled rate on can-goods by rail as
there Is at the present day, for a steady
rate is always preferable 10 one that
1uctuates,
However, the temptation at that time
was too great for the Gamers, so they ac-
cordingly shipped heavily to New York.
where the goods were warehoused, and
where many OF them now lie, subject to
call by the buyers in whatever quaint
Ties are desired, and whatever quality
could be wished, at prices delivered,
below the cost of producing those goods
here. Consignment goods are poor stocks
TO own, at best, and these are net excep-
tlons, for the owner loses control not
only of the movements of those goods.
but OF figures upon which to base future
operations; therefore the packers have no
particular lnducement TO operate heavily,
and large output is not at all probable.
This condition, of course, works a
hardship upon the grower, and it is a
thing to be deplored, for the Gamers OF
Che State use some forty thousand tons of
fresh fruits, and that is quite lift to the
market, but it is to be hoped that matters
viii change for the better, although with
The tightening in money of the capitalists
and with the trade, together with the un-
employed and suffering laboring people,
and no apparent relief in these directions
at the immediate present, it is not plain
70 be seen how conditions are going to
improve. If they do not improve a
heavy pack of can-goods this year would
disturb that business for some time to
come"