Arizona republican., 1900-08-14
SOUTHWESTERN TRADE
Conditions Continue to Favor the
 Buyer.

Los Angeles, Aug. 1s-General trade conditions throughout the cuuntry StiH favor the buyer. The fall q mand is below that of a year ago, but there is confidence that orders will incr, ase as the season advances. The belief that the downward swing in pric.s $ is reached makes the seller cautious and inclined to hold commodities. The crop situation on the whole is better Bank clearings for July are the lowest for two years. but the gS0ss earnings for railroads show a gain. Home money markets are easy and foreign com merce shows another heavy balance in our favor.
 In our immediate district crop con ditiOns the past month have been ma terially 5ffected by clear skies. drying winds and intense warmth. On unirri- gated lands corn and beans in many localities are irrede smabIy scorched. The grape harvest has been hastened and q new crop Of citrus fruits ad- vanctd
 The citrus growers have had an in- ming this year. Both early and late or anges have been profitable. More than 1000 carloads of citrus fruits have been shipped to date and are still go- ing forward. Tine orange season is about at an end. The summer crop of lemons is large and in fine condition. The demand is active and the grower readily markets at S2jO to 8 per box f. o. b.
 he scarcity of decduous fruit fr ~hthern California for shipment causes lack of interest in this Industry. Never before has this section fared 50 badly Peaches and prunes have not yielded sufficiently to supply the IccaI demand. Gamers have been obliged to import from the northern part of the state. Apricots. while only yielding half crop. were the hope of the de- ciduous fruit grower but the immense crop of this fruit in the northern part of the state set an unusually low market price.
 The sugar campaign will begin at OXaard September 15. Harvesting will begin two or three days earlier. The Chino crop will be sent to Oxnard. as while the crop there is in good condi- tiCn. it is not larga enough to warrant running a factory
 The honey crop will be larger than estimated earlier in the season. Tae late rains came just in time to help the Dee man of San Diego county. The honey crop of that county is the best in quantity and quality for five years. Trey estimate 400 tons of extracted honey.
 The walnut crop promises well and is of good quality. While not d full crop, based on the barring capacity of the trees, it will be larger than pre- vious crops, owing to the increased number of trees in bearing. The out put is estimated at 800 carloads. No price will be made until the middle of September.
 Grapes ripened early this year. As yet the price to the wine maker has not been set but the growers hope to be able to place it at $12.50 @ ton min mum. There is a one-third shortage in the raisin crop reported. owing to damage to vines from the red spider.
 Locally, trade is ahead of last year in most lines and little complaint is heard. Money is plentiful and cheap with a moderate demand.
 There were eighteen failures during the month, with liabilities of $110.O00. ass ts $9,500. This disproporticnate condition was occasioned by S6O, 900 fruit failure with merely nominal as- sets.