The record-union., 1893-02-04

annual exhibitions.
Applications are filed as early as Jan
uary, and as our rules provide for the
allotment of space to first applicants,
many are debarred from exhibiting by
reason OF the limit to space; and we say
that Ii any industry in California needs
encouragement more than another, il is
the manufacturing interest.
10 TINS end we have caused to be intro
duced IN the Legislature now sitting bill
providing for the building of an addition
to the present structure used for exhibi-
ton purposes, a large hall, to be known
ana used exclusively as the Agricultural
Implement Building, and if any of our
Senators and Representatives sdoubt it's
necessity, We would ask them TO consult
the various manufacturers and dealers in
implements III any section of the State,
and they will find the demand most gen.
eral.
The industrial part of our annual fairs
IS most important feature. While the
agricultural interests Of California are
pre-emInent in her congregation of re-
sources, our aim is to offer stimulation to
her other valuable interests, and we do
not hesitate to say the effort is appreciated
as The industrial products OF our State
are keeping apace with the population
and demand. Prominence OF our abili-
ties III this respect as well as permanency
OF industrial pursuits, must be shown
and assured to warrant attention of con-
sumers, and we are happy to state that
this is recognized by our trades people in
general, and that the State Fair is the
medium of introduction that is by them
used to make known their articles of
trade.
The live stock department was as usual
fully represented at the State Fair of 1892.
This industry presents a most healthy
condition and II Ual1la hla ad in pt
10 trade in general in this State. Further
Oh we refer to this industry more fully.
The State Fair, by the stability of its
organization and the permanency Of its
annual exhibitions, has established itself
in a commercial sense with the people of
California. They look to it for the oppor
tunity to present their products for eXhi-
bition and educational purposes, and it is
therefore in every way deserving of the
public support it receives. The more
permanent the organization, the more
effective the result.
THE SEASON OF 1892.
The season of 1892 returned a most
bountiful harvest of agricultural prod
cts. But contrary to all expectations. the
market was remarkably low for all classes
OF farm products, save fruit.
The stagnation in prices for cereals con-
tlnued to the end of the year, and had a
depressing effect upon growers of this
class OF products. These periodical set
backs to wheat-gIowerS are not uncom-
mon; they come when least expected
Every indication during the latter part of
the previous season pointed to a good
wheat market for this years product.
Although the outlook early i'll the season
was encouraging, subsequent quotations
showed lower figures than for any pre-
VIous season for ten years past, except
probably that of 1SS9-yO, when the aver
age price OF wheat during the year was
81 2S3 per Genital, but it will not surprise
us when the present cereal year, which
ends July l, 1893, is figured, to find the
average near that of the season of lSS9-90.
Taxing the period of ten years past, we
find the yearly average price for that time
to be 81 IL 4-5 per Genital. The highest
average was made during the season of
lSS2-S3, when it figured 81 49, per GENITAL,
This condition of affairs in the wheat
world is the result of an enormous Weld
throughout the wheat producing coun-
tries of the world, and the rapid market
ing of this great commodity in European
markets, thereby breaking prices, which
remained low through the season.
We recently noticed quotations as
low as thirty shillings per quarter
eight bushels) or in American money
Y cents per bushel or 81 20 per
Genital, the lowest price on record.
1t is not therefore, surprising to
find so much tonnage lying idle in our
waters, and that there is no movement in
wheat.
These low prices and light demand for
wheat is the result of a general depres-
sion in all kinds of trade throughout
European countries, and which condi-
ton has to very great extent been
brought about by political disturbances,
an financial troubles. The South Ameri-
can difficulties has been most disastrous
to the European market, iniuring the ex-
port trade, thereby leaving home con-
sumption the only market for her pro-
ducts, consequently the foreign demand
for our breadstutfs is little or nothing.
These periodical stringencies are prob
ably necessary, otherwise values would
become altogether too great, and an over
prosperous people too neglectful. In
years past in this State, when wheat was
low and sales few, feeling of depression
pervaded every industry and avenue of
trade, but with the recent developments
of other rich resources, the effect is not so
general.
The aggregate yield of wheat for 1892
almost reaches 39000,000 bushels, or
1,I75,000 tons. The acreage showed a
very small increase.
In this volume will be found a review
of the seasons wheat market, together
exports for the year, compiled and furn-
ished by 7. e. Friedlander of the Produce
Exchange, to whom we desire to ac-
knowledge obligations.
California is most fortunate in her ex-
tent of country and such variety of eli
mate as to enable her to meet the wants
of the world in various products, and
when depression strikes one, it does not
have the same effect upon US financially
as it would i'll community less favored.
Until we have more extensive compe-
tition in fruit and blooded horses, our
money markets will be kept in the same
healthy condition they now are, thereby
meeting the wants of growers of other
products when market facilities are, by
reason of low prices, limited.
The multiplicity OF agricultural and in
dustrial resources of this State is its sal
walton, as low prices in one has but little
effect upon trade, the others are sure to
furnish the necessary money to relieve
the current wants of her people.
When we can turn in any one season
from three to five millions of dollars
loose in the hands Of growers and pro-
ducers that can be relied upon to keep it
moving in the usual channels of trade,
thereby preventing stringency that
might otherwise occur, we are almost safe
in a financial way. This is what our
small resources will accomplish, and
with the steady growth, each year Will
soon relieve us entirely of any depression
that heretofore would have resulted when
the wheat market was dull.
California's shipment of deciduous
fruits of all kinds for the season of 1892
amounted to 4.095 carloads, and of citrus
fruits with short crop about fifteen hum
dred carloads.
The shipment of garden truck, includ-
ing potatoes and mixed vegetables, re-
quried :, 205 cars to transport 1t out of the
State during the season.
II is this great quantity of produce
that keeps us in healthy financial con-