The herald. [microfilm reel] (Los Angeles [Calif.]) 1893-1900, 1895-03-05
LOCAL FIELD OF COMMERCE
No Important Changes in the
Produce Markets
CURRENT BUSINESS TOPICS
~
Latest Gossip About the Movement Of
the Orange Crop
Favorable Comment on the Work Of the Fruit
Exchanges-The Foreign Orange
Trade
Los Angeles. March {,


In local business circles the week opened
With about the usual volume OF business inci-
dent to Monday. Prices OF commodities are in
the main unchanged from last weeks figures
Butter and eggs remain weak on heavy sup
plies. Cabbages, and other vegetables, are in
active demand for shipping purposes, but. as
stated last week, are hard to got.
The moving OF the orange crop goes on at
rattling pace, there being no decrease in the
amount OF orders received, despite the heavy
arrivals OF foreign fruit at eastern seaports.
The last New York Fruit Trade Journal con-
tains several references to the orange trade
which are OF interest here. +. HUFFMAN n co.
report that trade has shown considerable life
this week in both oranges and lemons. Prices
advanced all along the line One notable
feature of the trade Is the way folks take hold
OF California Riverside navels. Never have
they been as fine either in quality or appear
ance."
shooel & Day mention that regular 42o
~. eas % 81 Saen
cias are to be light. only 1000 cases known OF
on the way from Liverpool and about 5000
shipments from there this week for this city
and add that the damage in Valencia was not
as serons as had been supposed California
oranges are doing well and the fruit this year
In Boston, Riverside navels were selling at
$5.xo 70 1878. and Palermo oranges at $l.37
Florida frosted oranges were being sold at
Chicago at 10 cents TO 10 cents per box.
sss sold IN he Ssss
sold readily at good figures even when in un-
sound condition. The Valencia oranges were
hold good II receipts were not too neavy The
more favorable weather facilitated the move
ment OF supplies.
The Philadelphia Grocery World has an in
terestny review OF the orange trade, says the
Riverside Press, in which n refers TO the mis-
take made by California shippers in past sea-
IA Inn ftfr frttt hoc frtit rod
by frost and was therefore tasteless and unpal-
atable. But this years fruit is magnificent.
1t says so carloads OF the splendid Washington
navels have already come into the Philadel-
7phia market and 1t thinks that section can use
500 carloads more. The fruit received this
year 10 thoroughly satisfactory to the trade
held as the king of citrus fruits several years
rsgo, prior to the freezing weather in that
y. Immediately upon the news reaching Cali
fornia of the disastrous f.eeze in Florida,
prices strengthened. With their usual sagaeity
the orange growers OF Southern California had
previously effected an organization known as
the Southern California Fruit Exchange. en-
bracng and d controlling 80 per cent t. Of the
marketing them upon the most approved
business principles; therefore the profits which
will be derived from the markets Of the United
States will go direct into the pockets OF the
growers.
The Southern California Fruit Exchange is
1.-THE most unique organization of Its kind in
the void 1t is composed OF eight county ex-
changes ali working hand in hand for one
= purpose--to establish home market at that
: point. and Notwithstanding the disastrous sea-
son OF last year. it successfully lif ed the bust
ness from state OF chaos and established the
marketing Of its product upon business prin-
"while the orange growers of that state have
had several successive disastrous seasons, the
= : GOOD and SOUND financial basis again. and and
{ IIorids crops, they have csIcniaisd Within the
next Two or three years TO get little hold in a
Bradstreet's of February 23d contains the
following interesting review OF the foreign
is'- While California orange growers have for
tapateiy escaped the frost visitation so serious
month extending into Florida, has brought
additional concern to those engas ed i'll the
:, fruit business. The extent of damage to the
quite ended, and prophecies that the next
years crop OF oranges will be next to nothing
isaould be held in allegiance for a time. Should
the damage to trees be as great as feared by
many, higher prices are probable for this fruit
during the next two years unless importations
increase largely.
q Exports from this country, small at the best,
says the American Agriculturist, are likely
10 SO continue another season. The record Of
grange exports is not aattering one and the
Limitation of the business extremely narrow.
Up to the time OF the Florida freeze small
quantities were exported, but since the first
abroad. Under normal conditions during the
winter months the London market absorbs
) about 100000 boxes Beginning with Janu-
j ary, England receives such large consignments
from Spain aud elsewhere, that it is unprofi-
table to ship from this country
During the last 10 years small quantities
have filtered across the ocean, going almost
exclusively from New York to Liverpool and
\ London.
England purchases oranges annually to the
extent of $6,O00,O00 and more, securing the
bulk OF her supply from Spain. During 1897
the United States furnished a quantity equal
Z 10 $4,000 bushels a unit of measure followed
in making otfcal returns for that country,
Duting the past season the trade was fairly
promising up to the time mentioned but
showed little profit the fruit did not carry
= well. The following table shows Eugland's
countries during the years named, the 1884
business making bulk which approximated
6.6Ou. 600 boxes.