Arizona republican., 1899-10-14
THE COAST TRADE
Business Conditions in Southern
 California.

OdliTornld.
 Los Angeles, Oct. -(SpeciaL)--R.
 Trade Conditions says: No more con- ivincfng proof of the country's prosper
 ity could be found than noting from
 month to month the record of commer- ciaI deaths during the current year. In
 September the record reached the mini
 mum so far, both in number and lia-
 bilities. Distributive trade still of good
 volume, railroad earnings large, indus
 trial activities undiminished. Demand
 for iron products continues so great
 that the capacity of most works is sold
 far on into next year. Uncertainty in
 TransvaaI occasioned a slight fiuctua-
 ton in wheat, but in the main prices
 were strong, with an upward tendency
 in all product markets.
 In our immediate district satisfac-
 tory reports of present conditions is ai- most universal. Barley and bean
 threshing are on. Barley is weak in all lines. Prices on new crop of beans not yet placed. Hay is firm at $9 and $1O. The shipment of celery from peat lands is setting in earlier than ever be- fore, the product growing too fast and ripening before the producers wish to ship it to eastern markets. There has been such a development in this in dustry the past two years that it is likely in Orange county to surpass the walnut and orange industries as a money maker. The sugar campaign is still keeping things lively at Oxnard and Chino. The Alamitos factory closed sugar percentage of beets is high. Wal nuts are turning out well; the crop is estimated at 45O carload. Growers win receive $S.15 per centa1 for standard soft shells, $7.65 for same grade hard shelled.
 The. almond crop is light, but as the shortage of the French crop has set the price of the foreign nut almost pro | hibitive to their importation, Califor- | nia must supply the American demand. | Almonds are jobbing now at IS cents a ! pound about cents higher than nor | ma1 years The new crop of olives will | be ripe in about two weeks, when pick ing will begin. The crop in Southern California is small, about that of last year, when the pickled output was about 1000 barrels.
 In cured fruits business is brisk, prices a shade higher. Figs are nov ng in quantities at good values. The raisin season is in full swing and so gseat is the demand that packers fear they cannot fill orders. Increased de nand for seeding raisins is most marked. The California Growers as- make the following quota ions, subject to advance without mo- ice: MuscateI, loose, two-crown, 515 i15 cents. Wine grapes are bringing IA to ST a ton. Inquiry for canned goods is active. Packers are busy f1ll- ng and shipping orders. All have sold ID close to output.
 New orange crop looks promising ex- ,ept in a few localities Some of the atest crop estimates put the output as Ow as 10000 carloads. The demand for emons are brisk at $3.25 and $3.5O ox. The oil industry of Southern Cali : ornia was never before attracting so much attention. One time contract re- ently made calls for 1, 1000 barrels daily or four years. Capital is seeking in estment and California is undeniably oming well to the front as an oil pro- ucer.
 The condition of merchandising is C and no complaints as to I ollections. Money is plentiful at req I enable rates. Failures for September i re seven, with liabilities at $4,19056, ssets $976.91, as against thirteen fail res in September 1898, with liabilities f $49, ,150.03, and assets $36, ,523 25.
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