The herald., 1896-04-09
markets OF THE WORLD
LOCAL, STATE, EASTERN AND FOREIGN
REPORTS IN OUTLINE
Germany as a Market for Dried Frult-A
Local Salt tFactory-Peanuts,T Their Growth
and Marketing-Locai Market changea.
Stocks and Bonds

One of the United States consuls in Ger
many. writing about that country a
market for dried fruit advises to put up
me goods IN neat wooden boxes. the top
and bottom layers to be placed carefully
so as 10 make good impression when the
DON IS opened. lie thinks it would be best
TO ship to firms in Hamburg or Bremen
who have travelling statesmen regularly VS.
lung the trade. so as to lessen the price to
consumers. consumers. IN this way he thinks the
The consumption tic Of bahamas banana VI is s'Css Very
rapidly increasing in the United States.
.oo punches year, and cost more than
Near Dandy. San Bernardino county. on
the line OF the Santa Fe railroad. is one of
the most remarkable deposits of rock salt
IN the world. 1t is almost pure chloride
or sodium as it comes from the ground y
building is now being erected at the corner
OF Violet and Seventh streets. near the
river where this salt is to be prepared
most scientific manner with modern ma
chinery and will add an important manu-
featuring industry to those already estab-
IShed in Los Angeles.
Duns Mercantile Agency in this city
makes the. following report of business
conditions for the week
General business stands about as last
reported. The week just closed was one
or Indifferent distribution with the job
hers as merchants are still disposed to buy
cautiously
The volume of trade in retail lines con-
times to fall below expectations for this
season of the year.
Money is easy. but there are few calls
Tor commercial loans and collections do
not improve.
Prices for oranges have weakened. but
are still satisfactory. 1t is estimated that
less than 1000 carloads remain to be mar
The week showed decided Improvement
in the real estate market, both city and
country and oil advanced another cents
toward the dollar mark.
Failures for the week a. liabilities Sl1.
$50; nominal.assets. $500.
Recentlythe big peanut combine was
formed at the east. comprising nearly all
the large firms engaged in the business It
IS composed of two branches. one with
os ha II Virginia the q 9ther dhs at IN ~
commenting on the matter says:
"A "A peanut field will yield from y to 100
bushels of peanuts to an acre, although
special instances have been cited when the
yield was from 1875 to 200 bushels an acre.
North Carolina is the peanut producing
South Carolina. Georgia. Alabama and the
southern states in general raise good
rrrops California is also coming to the
front as a producer of the goober The
European demand for the peanut is sup
piled by immense shipments from the
western. coast of Africa, while the peanut
crops of India and Brazil hardly provide
1orthe native consumption.
No part of the peanut is wasted. Every
part and particle of this little fruit, vege-
table. or whatever one may call it. turns
Gut Gut TO- be OF some good Aside from eating,
ahe RernHl is o1 M used in pro
from the peanut. the one being almost
equal to olive oil. and used by the French
in the adulteration of the latter product.
The second quality of oil derived from the
peanut is called Arachis oil, and is used
in the manufacture of fine soaps. oint-
also enters largely into the manufacture
o. cold cream and pomades. and Is used
often as high grade lubricating Oil. The
oil Is derived by pressure, and after this
process there remains a compressed cake
Out of this four different products are
made peanut grit. peanut flour. peanut bis
Cults and diabetic chocolate biscuits. These
Your products are of recent discovery, and
,heir Their quaitication & as a nutritious ana
prominently among the foods for the sup
ply of the masses. The German govern
sn5 has Of sero"y sGnsdsred b the e I'd b
sailors.
Even the shells of the peanut are used.
They are crushed and are of service in
horse bedding. A quality of paper is also
heing made out of peanut shells So it win
forcing just recognition of its worth and
merit
IN 1924 and 1898 the crops We're over
sOO0.00O bushels: in 1892. 100000 bushels
were produced. and in 1891 the banner pea
nut crop of almost 5.i5OOOO bushelswas
raised. 1t is evident from the above figures
that the demand for peanuts this year
will not be filled and the 100000 bushels
proportion as otherwise many lovers of
peanuts will be compelled to forego the
pleasure of their periodical bag of pea
nuts.
THE price Of COOLERS has been getting
lower since 1889. At present the handlers
get about 31acents a pound for them. al
2;2 cents
The treasury figures for 1895 of the ma
terials entering into use in the distilation
Of spirts-whsky. gin. rum. etc.-are corn.
", 900 600 bushels; rye 3, 100 900 bushels malt
100000 bushels; and molasscs; 5000, 600 gal
Ions. \ bushel of grain yields four gal
Ions OF whisky. Five gallons of molasses
yield four. gallons of rum.
A bulletin has been issued by the agri-
wheat market of 1895. A comparative
crop since 1891. The figures for 1891 show
amounted to a4 GOO etSp psheis rGF Hh Whe ytSe tS
crop for last year was 2566, ,649 900 bushels.
This is the largest crop for a single season
Wltnln the last flve years. save that of the
year is 1871, which reached the figures of
$50; Sss 600. The report shows, that the
by 900 bushels. although it was less
than the crop for 1894 by 124, 900, 900 bushels
1t is also shown that there has been a
tion of Russia. The crop of Russia in
Europe Increased from 253. 900. 900 bushels in
1891 to 46l, 900. 600 in 1893, an increase of more
Than SO per cent, and. although in 1894 and
INC nous ,y yield Of 1893 # sun exceeded 400 1000
wv III 1000. lie tOldi RUSSIAN yield, 1ncluu-
ing Trans-Caucasia and two Governments
Of western Siberia. exceeded In 1888 528 OO0,-
200 bushels, which was more than 1872 O6O, 100
over the total of the United States for the
same year. The total Russian yield for
1894 was o24 900, 900. an excess over the yield
Of the United States for that year of Ga
100000 bushels. and in 1895 the total Russian,
product reached the figure of Al 900. 900
bushels, which was Just 1000 900 more than
the total of the United States for the some
period. The figures show decrease dur
ing. the three years. in the Russian yield,
while that of the United States has been
increasing, although the yield for 1896 in
our own country is considerably below that
of 1892. and immensely inferior to the mann
moth crop of 1891. The crop of Argentina.
which is always a prominent factor in the
worlds wheat crop, increased from ~. .OOO,-
600 bushels in 1891 to 50, 600. 900 in 1894, but ii
fell back to 60.000.OO0 bushels last year.
Whether this indicates that the wheat de-
velopment of our South American rival
is permanently arrested is very doubtful,
AS there are no data from which con-
clusion can be reached OH this subject.
Current Quotations
BUTTER-Local creamery 2-lb squares,
20, n