Los Angeles herald., 1905-03-21
BUTTER SCARCITY
IS NOT RELIEVED
ENORMOUS RECEIPTS QUICKLY
GO INTO USE
Eggs Lowered Another cent--Fapey
Potatoes Are Firm-Veeetables
AetiVe-strawberrI Are
scarce-Few Fish

VoV pouuus VI DulleT tnTOWH vi bHlS
market being the belated receipts Of
Friday, Saturday and Sunday last, the
market yesterday was as active as on
any day of the present seasons period.
In fact, at the close of business last
night the stocks were small and some
dealers reported holdings entirely
cleaned up All Sunday every large
firm was packing and filling back or
ders from Arizona, Nevada and the
southern sections, as the people were
clamoring for supplies because COM
munication had been cut off by rains
and washouts. Price Is still go cents
for all kinds of butter. The steamer
Coos Bay came in yesterday and a
large shipment of coast creamery
came in.
1t is recognized that feed is of the
best and plentiful and that butter maxi
ing is at it's height, but talk of lower
prices locally vanishes at once, when
the fact is considered that not pound
of surplus butter is now carried in
this market. Evidently the increased
consumption is able to take all the
output that Is above the normal.
EASTERN BUTTER DOWN-F'rom
New York reports are to the effect
that the butter market had to go off
I'm order to start the trade. The price
was altogether too high and dealers say
that they are now feeling the effects
of the extremely high quotations that
have been ruling for several weeks
past. 1t seems that the consumptive
trade is trying to quilt eating, butter
and in consequence the accumulations
of fresh creamery have been increasing
for the past ten days.
In Chicago 1t seems the break in
butter has come. The quotation COM
mittee of the butter and egg board de-
cided that Mondays price of 30 cents
for extras was too high and made
Tuesdays market 2S cents Wednesday
the market was shaved 2 cents and
Thursday the same thing was done,
making the market "a cents. Cores
ponding reductions have taken place
all along the line. The demand for
extras has been slow, although re-
ceipts have not been unreasonably
large. Storage extras are about
cleaned up. Some dealers maintain that
the market will react and show bet
ter feeling next week. Just now there
is no apparent reason why the price
should suffer further decline.
EGGS AGAIN CLIPPED-Yesterda
ttA egg quotation committee on the
produce exchange fixed the selling
price of eggs at 20 cents, fall of one
cent since Saturday. Stocks are not
very large, the receipts last week hav-
ing been only 2351 cases. Demand is
reported good. Yesterday receipts were
larger and this guided the committee.
Predictions are made that 19-cent
market will prevail within the next
few days. This was the opinion at
the close of business last night. North
ern eggs are reported between II and
Is cents f. o. b. and this means eggs
at a high price in Los Angeles. Opinion
also Is freely expressed that the price
for all eggs, whether eastern or to be
stored, has reached the lowest point.
EGGS IN CHICAGO-Late reports
from Chicago are to the effect that the
egg market is held at 20h cents for
prime firsts, and % cents for extras.
Trading has been active at reduced
price, owing to the unprecedented con-
sumptive demand which has sprung
up since the price was lowered. Both
local and shipping orders have been
piling up and it is a question when the
demand will be supplied so that fur
ther reduction will come.
Eastern markets have been good GUS
toners. A number of fine orders have
been filled on hurry calls. Receipts
seem to have shown they expected an
increase and from reports received here
it is expected that an avalanche of eggs
will be on soon. Arrivals here the first
four days of this week were over dou-
BILE the receipts for a corresponding
period last week.
With balmy spring weather prevail
ing throughout the egg-lAying territory
it is likely next weeks receipts will
show a corresponding Improvement
over this weeks.
A great deal of talk is still being
heard about the storage egg deal. Very
few eggs have been contracted as yet,
for most of those who are going into
the deal seem to believe the price
should be reduced considerably before
an egg is put away. Some criticism
has been heard here because a few
April eggs have been bought at a
higher price than is thought to be safe,
but parties who have bought say they
would be glad to see the price lower.
Sentiment as to price for April storage
packed eggs varies all the way from
10 to Is cents. Those who calculate on
low figure say it is necessary to get
the price to that point before eggs are
safe investment and many dealers
give it out that they will not carry
over a case costing more than this
figure. Those who predict the higher
figure are expecting a large consump-
tive demand that will force the market
up and keep it at Is cents during stor-
ing season.
If those dealers who have their heart
set on lower prices pay ndiius oll'
it is certain that fewer eggs will be
put away unless prices go lower than
they were last season.
ONIONS AND POTATOES-So scarce
are onions that the price has gone to
and Az cents a pound Receipts are
small and further advances are looked
for. Demand is active and few car
loads remain to come hither.
Fancy potatoes remain very firm and
are not plentiful. Receipts, while
large, have gone into market to fill
back orders. Shipping account was
never better. Growing potato crop. is
reported retarded and that cold ground
and nights are not doing the planted
tubers much good.
VEGETABLES AND FRUITS-All
receipts were more plentiful yester-
day and the demand was active. Green
peas are SOS cents pound; string
beans scarcer. 15@16 cents common
tomatoes, 10000; choice, $100 and
fancy, $1.25p1.5O. No Mexican goods
in market: celery from Coachella, 400
so cents a dozen, and cabbage 4O@5O
cents a sack.
Rhubarb is plentiful and some Is
damaged by shipment. Fancy fresh is
$1.25 a box and standard 80 cents. As