Los Angeles herald., 1905-01-10
EGGS RULING
ABOUT STEADY
MARKET HELD AT SO CENTS
A DOZEN
Rain May Affect output-Hens Conn
ing Into commission-Hay Un-
changed-5utter Receipts
Are Large

Are Large
Interest In produce trade circles are
centered upon the egg situation. This
article is perhaps the object of more
attention than any other commodity
handled, and none Is more treacherous,
ana perhaps no single article handled
the world over causes more friction
and greater losses when the season is
at all at variance with customary con-
dltions.
Yesterday on the Produce exchange
the egg quotation committee fixed the
selling price for ranch eggs at 33 cents,
indicating steady market, being the
same price that ruled on Saturday. Re-
ceipts for Saturday and Sunday were
not over large. Whether this price will
be maintained all the week is a subject
of speculation.
The present rain will have q potent
effect upon the egg market. This may
not be felt within the next few days
as the receipts may decrease, owing to
ranchers not being able to reach in
terror markets, but that new feed will
jump up is conceded and this will pro-
duce the usual active laying season. as
the Little Red Hen has ceased moult-
ing and she is prepared to DO her full
snare toward filling market that is
well cleared of 1904 eggs. When the
prolific period is at hand produce deal
ers say the jumps in the market will
become notable. Many dealers report
they are out of eastern and that hold
ings of local ranch are small. In the
meantime eastern storage candled are
jobbing at 2S cents.
In speaking OF the work of the egg
quotation committee of the Produce
exchange yesterday L. NJ. Cole of s.
Levi company. the chairman of the
committee. said:
The object of the Produce exchange.
by It's egg committee, is to regulate the
selling price as the buying price will
take care of itself. So far we have
found the work of the committee pro-
ducing most favorable results, as we
now are working in the open as we
have data regarding receipts into this
market and stocks on hand as guides.
This is feature that the trade dare
not overlook as prices can be made to
respond to true market conditions, a
thing that has been lacking ever since
Los Angeles became distributing GEN.
ter.
Yesterday opened the second week
OF the laoors of the egg committee"
Mr.. Cole continued, land | admit that
no disagreeable features have been pre-
sented. True, this is experimental to q
great extent, but being based on the
experience derived from other egg mar
kets that regulate local conditions. my
opinion is that Los Angeles is great
enough, big enough and contains big
enough business men who see that the
exchange is working along right lines,
ard that every one is benefited"
The other members of the egg quota
ton committee are L. j. Mathews of
Mathews Brothers, and H. s. Darling
company. This committee of three
meets every morning at 10 O'Clock in
the directors room of the Produce eX-
change and upon receiving the desired
Data showing receipts they fix the price
for "a hours.
POTATOES STEADY. = Stocks of
common and fair potatoes are ample
ana prices yesterday were unchanged
although one firm made some. conces-
sionS to move lot ;of unsorted goods
Fancy remain fairly plentiful and
We're 1t not for the low priced goods.
would rule considerably higher AS it
is the trade thinks that the increase
Will be noticeable in few weeks, fol-
lowing the cleaning up of less desira BILE
grades.
Sweet potatoes are steady and in
good demand. Holdings of Merceds
show increase.
Onions are very plentiful and run
from the poor to the fancy that in
some cases job at 1925 a hundred.
II ~ l. l. ISIl ~ was
anticipated the butter board made no
change on Saturday in the creamery
butter quotation, leaving the price at
60 cents tWo-pound roll. Receipts
have been large since Saturday, but
the demand took the creamery article
rapidly. Storage goods came on the
market in large lots. The rains may
have en- effect upon the butter situa-
tion within the next few weeks as feed
will become plentiful, thus augmenting
the milk supply.
Cheese is steady. Supplies are ample
and demand on shipping account re-
ported large. Northern is reported
HAY MEN ANXIOUS.-Every hay
dealer had his rain gauge and barom-
eter out yesterday not 20 make prices, as
they are steady. but trusting that some
bright drops would prove to have sec
| ond sight. Rain makes feed and also
adds to the early alfalfa outlook, but
| the rain does not make hay in week.
| 1t does make new grass and Verdure,
and this adds to the feeding capacity.
Receipts last week We're light and de-
mand was just as active Plenty of old
| hay remains in the north, and odd lots
are found locally, hence some hay men
say that easing of prices may follow.
FISH ARRIVES.-Suffic fish to
meet current needs came in yester-
day. These included halibut. smelts
and rock cod. Receipts today are e%-
| pected to be light
No rabbits came in and are wanted.
| Wild geese were more plentiful than
usual. and the offering of ducks was
also improved.
Lobsters were only in fair supply
and crabs met the wants of the trade,
FRUITS AND TRUCK.-Apples are
more firm in tone but not quotably
higher, with Bellefleur 81. 35d1.50 a box
on sizes Few Jonathans remain and
these are firm at $2OO@2.25 for four
| tier boxes.
Strawberries are slow at S@16c for
common to fancy.
Bananas are steady for fancy at SEQ
4 cents pound.
Oranges we're slower yesterday fan-
cy navels from $1.75 to $2.25 a box
In small packages Oatman's brand
remained popular at 60 cents. These
-n,,+oi,, 10 tx 10 aud "a seleCted Or-