The herald. [microfilm reel] (Los Angeles [Calif.]) 1893-1900, 1895-03-21
The Produce Market Shows
Some Improvement
ADVANCES IN SOME LINES
Poultry and Eggs In More Active
g. Demand
Inquiries for California Lemons In the Eastern
1arkets.-A Minneapolis Brokers'
Z Tribute

The anticipated improvement in the
), Eastern orange markets, from Cali
fornian standpoint, has so far failed to
materialize, and the general tone remains
quiet. The Fruit Exchanges latest adj
vices are to the effect that the foreign
:, stock afoat and on the wharf at New
York amounts to 307, 900 boxes, as against
102, 500 boxes at the same time last year,
fact which needs no explanation. On
the other hand, there is quite a scarcity
of good lemons in the Eastern market
and inquiries are frequent. Calls have
been made on the Exchange for Riverside
and Ontario lemons and Santa Barbara
lemons have also reached the point where
they are asked after. The Exchanges
broker at Minneapolis, writing under date
OF March 18th, says that he had Just
opened a carload of Ontario lemons, which
are among the best ever seen in that
market, and which are bound to COM
mand good prices. as he puts 1t, the
and as such is bound to make its way.
There is no danger of over-production of
this fruit. and it is believed that all will
find ready sale for some years to come:
The development of the city's oil indus
try, continues, and permits to SINK new
wells continue to be filed with the board
OF public works. 1t is claimed that al
ready much more oil is being secured
than can be utilized in the local market,
and there is disposition on the part of
property owners in the oil district to fight
the sinking OF any more wells. There is
considerable feeling over this matter. and
it will require considerable diplomacy to
arrive at an equita BILE decision of the
matter. The question OF cheap fuel is OF
paramount Importance to the material
progress of the city, and anything looking
j AZ H. M cell 10
encouragement. On the other hand the
property owners who have spent thou
sands of dollars in identifying their
homes have rights which are entitled to
consideration, and which cannot be
brushed lightly aside, and in consequence
have to be very careful not to overstep the
limits on either side.
The opening of a large wholesale de-
partment house in the city is an encour-
aging sign of the times, and shows that
men Of means and business experience
!, and Southern California. 1t has only
been few years since the first exclusive
ily wholesale drug house was opened in
this city. and the almost phenomenal
success achieved has had the effect OF in
ducing others to invest capital here.
With two transcontinental railroads, the
facilities of Los Angeles as a distributing
point are the best in the state, fact
which is bound to attract capital not only
from the East, but from points on the
coast which have so long been under the
ban OF railroad monopoly.
~ The American Banker of March 10 pub
fishes the following:
n The Treasury Department issues the
following estimate of the amount and
Kinds of money in circulation in the
United States March 1. In the subjoined
table comparison is made with Feb. 1,
ri wi I mOnov
balances held in the Treasury are not in
cluded: