The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1902-05-24
LOWER ON PRODUCE
Market Continues to Show Decl a.
ing Tenderness.
RADICAL SLUMP in POTATOES
Wholesale Grocery Markets Cons
tinue on n Steady and
Unchanged Basis.

Lower markets on produce have been the
feature of the week in jobhins circles. IN
creasing production and favorable crop con-
ditions are responsible for the lover tone
rather than any unnatural weakness IN tue
situation.
Potatoes have sustained the greatest de-
cline and are 2G925c lower per bushel than q
week ago, with red mixed stock selling TO-
day in car lots at SOC and white STOCK at ooV
Csc. Values on old are irregular ana easy
and it is somwhat difficult to define the mar
ket This slump is largely due to the tact
that farmers held their potatoes too long IN
the expectation of exorbitant prices late IN
the season. and is also due to the heavy
acreage OF new in southern states. The lat
ter have declined 25G50c a bushel under a
week ago and are due for further declines.
Butter has eased off 11112c on tops and
some of the intermediate grades, owing TO
heavier receipts and quiet markets east. Pack
ing stock and lew grades are nominally Nigh
er ana are in light supply.
Eggs Decline Slightly.
Eggs have also eased off after four weeks
OF steady price situation. Values are s4c
lower than a week ago, but on a steady
basis. Decline is largely due to lack Of buy
ing interest east which has resulted in
quiet market locally and lower values out
OF sympathy. Cheese is steady and un-
changed. Veal has strengthened slightly and
market is in good position, the late accumu-
lation having moved out. Hens, in the live
poultry list, are nominally lower, and tur-
keys are in light request. Fresh fish is in
better supply and lower Dried peas and
beans are showing some irmness in sales
from grocery stocks. Vegetables are steadily
developing a lower tone, with larger supplies
coming from home points.
In fruits, strawberries are on a stronger
basis and are in light supply, some difficulty
Nv ha trad Ia i,
curing supplies the latter part of the week.
Prospects indicate firm range during the
coming week. Oranges have advanced ESQ
sec on California navels and seedlings, the
season for which is nearly over. Pineapples
are in increasing supply and are much lower.
California decduous fruits are confined to
cherries, which are firm. Car lot receipts are
not expected before June I, about fortnight
later than last year.
Wholesale Groceries Steady.
The most important advance during the
week in groceries has been in the spot pro-
vision. lie5, lard substitutes pegging UP 3sc
and barrel pork being quoted 25@75c higher,
according to quality. Some brands OF rolled
oats are quotably higher. Spot coffee is
without feature, with mild grades firm at
importing points. Teas firm for first
crop Japan and the late advance at Yokoha-
ma is well sustained. Formosas are also re-
is steady, with a lack of buying interest
noted. Molasses and syrups are unchanged.
In spices, ginger is in light supply and firm.
Cleaned currants in cartons are 12c higher on
the spot. Other cured fruits are steady.
Canned goods interest centers in future sal
mon. opening prices which will be an
nounced within a few days. Standard straw
berries in twos are 10c higher the spot.
Future interest in tomatoes is quiet.
Drug Trade Is Steady.
Volume of business in wholesale drugs is
fairly satisfactory for the season of the year.
The Java quinine sale held at Batavia this
week a slightly lower basis than al
the previous sale, but offerings limited
Prices on opium nominal Caffeine is re-
ported weaker in some quarters, but nc
change is noted locally. Japan wax is very
firm and In light supply. In balsams anG
barks there are no features. Bergamot oil is
firm among essential oils. The price of cara
way oil is advancing and wintergreen oil is
strong. Gums are steady.