The herald., 1896-09-26
WALL STREET SPECULATION
Local, Eastern and Foreign
Commercial Dealings
How q Holland Sugar Company Treats
Beet Growers
A New Package for Canned Peaches.
Merit the True Basis of Competition.
The Situation in Dried Fruits
Outlined.

A beet sugar factory in Holland has
made new departure in dealing with
farmers for beets furnished. A. certain
deduction is made from the total profit
of the factory and one-half of the residue
Is turned over to farmers who divide 1t pro
rata. Forty-five thousand tons were
worked last year. This Melted the stock
holders 51a per cent on their stock invest
ment, and the farmers received about 4SO
per ton for their beets, making an average
OF near IA per cent. If there are no profits
and the beets test II per cent sugar, the
farmer still receives for his beets about
$500 per ton, the farmer defraying the
cost OF transportation.-San Francisco
Only one legitimate basis for compeit-
tl0n exists, and that is merit The man
auence than quality and a variable price
list more valuable than a reputation for
trustworthy methods, Is welding q two
his aish sooner or Later will cut
Dor. underselling is not competition, al
though II too often parades as SUCH for
even evedhtuhally IT injuries rather than stimulates
rifice of rightful profits, loss which no
dealer can long sustain. or a fraud on the
eap PIG; which Is disastrous to reputation.
tsationai ana healthy competition concerns
itself with building up reputation for
straightforward methods, for good quail
lilSc III BOOuS OHereu, ana honest value for
fair prices.-Paper and Ink.
The Baltimore canned goods packers
are this year adopting a new idea in pack
ing pound of fruit Oysters have for
quite q time been packed in this fashion,
put this year is the first when peaches
The new package is decidedly ornamen-
al, al x It Is labeled in gold and colors, and
than the lod-fashioned three-pound can.
me packers are canning two styles of
peaches in the new cans, one consisting Of
peaches are sliced. The price will allow
the retailer to sell these cans at 10 cents.
which is popular price. and ought to war
No fruit but peaches are. at present
packed In the one-pound flat cans, but
others others may be. considering that the limo.
packers are using this can vet, but they
are commencing to- and in another year
probably q good part Of the Baltimore
bers are said to be duplicating their or
ders on these. goods, and there Is every
prospect that henceforth the new flat cans
OF peaches Will be seen on nearly every
grocer's shelves.-Grocery World.
A fruit firm of San Francisco Of the most
circular on the dried fruit situation:
The crop Of apricots has been harvested,
canned and dried. The dried product par
ticularly interests US, and we beg to state
that never at this time of the year has
there been such a small stock on the Pacific
coast. The districts outside of the Santa
Clara valley have shipped out large pro-
portion Of their stock, and we believe that
fifty carloads will cover the entire hold
ings of good apricots left in these sections.
OF these very small proportion are what
you might term fancy . took. A somewhat
larger quantity are of extra choice goods,
but not nearly SO many as last season.
The balance is divided between standard
and prime. Satisfactorily the position on
npricots is a strong one. and we believe the
demand will largely exceed the supply.
The prune harvest has begun. and in
some sections nearly ended. Reports come
in from all quarters that estimates Of a
month or six weeks ago were too high,
from 10 to 20 per cent. If these conditions
prove true the shipment this season will
not exceed 25,00000O pounds. as against
40,000,000 pounds last year. This includes
the carry over of about 100000. Large
prunes are going to be scarce and ought to
command a premium, while small prunes
will be plenty and possibly will have to be
sold at proportionate discount.