Los Angeles herald., 1906-11-11
NEW ORANGE CROP
SHOWING COLOR
PRODUCTS OF SOUTH IN FINE.
CONDITION
Record Prices in the East for califor.
MIA Lemons-Walnuts Scarce at
Top Figures-Business
Is Brisk

r. G. Dun e. co.'s official review Of
trade conditions for October i'm South
ern California follows:
Southern CALIFORNIA; interest for the
month of october centered In bean
fields, sugar campaign, walnut shipping
and the raisin situation.
The years hay yield south OF the
Tehachapi can now be quite accurately
placed at 459670 tons, worth about
S3.677. $50. The estimates for grain out
put vary considerably, but figures VIII
he definitely known at next writing
The lima bean crop Is larger than
ever before in this section. Ventura
county promises close to 100000 sacks
and Los Angeles and Orange counties
will not be short Of 100000. Contrary
to expectation in face of this large
crop, prices during the month climbed
steadily to $3.50. Growers now conf
IDENTIFY look for a profitable season at
&c. About one-third of the crop is
moved
sugar factories continue to run full
capacity and maintain a high percent
age of sugar.
About half the walnut crop has gone
forward The crop is about 81 per cent
short of early estimate. There are no
association nuts now to be had, and
nuts on the outside are bringing an ad-
vance of 2 cents on opening prices.
i've and Southern California stocks are
being closely cleaned up.
Tomatoes are now being shipped and
the season promises unusually good re-
turns.
Celery shipments will begin on No
vember 10. A brisk demand is ex-
pected
The orange season is virtually closed.
In round numbers $4,000 carloads were
delivered for $30,00O,000, of which $12,-
100000 went to the growers. A few
Valencia lates are still going forward.
1t has been a good Valencia season,
prices averaging higher than last year.
Record Prices for Lemons
The lemon market for the month was
exceedingly good. The record price
was broken in New York market with
lemons $40 a box. Cool weather virtu-
ally brought a price slump, with
weaker market but fair prices will
probably continue to rule.
The new orange crop is growing finely
and just beginning to show color. Prices
for holiday delivery have not yet been
made, and it is believed not much fruit
will be rushed forward early this year.
The dried fruit market continues
strong and advancing.
In apricots little stock is avail
able. Perhaps Is carloads remain in
jobbing lots. The first of the year will
probably see an advance over these
prices. Orders are free for peaches
but for small quantities. Stocks are
mostly in the hands of the packers and
are held at 10@13c. Southern Califor-
MAS supply. is practically exhausted.
sRaisins are AsSirnishing the excitement
in cured frutI lines. 1t has proven a
record breaking year. raisins reaching
the &c in sweat box mark for the first
time in seven years; 5Tc Is the price
reported paid for the $50 tons holding
of the Kearney estate. Dealers declare
the raistn crop is oversold. The mar
ket is now very strong.
Business Is Brisk
Locally business in all lines Is in
creasing. Trade expansion seems gen.
eral. To the normal growth of our
city's population is now being added
the fall and winter transients, and in
travel in the history of Southern Cali
fornia.
Los Angeles clearing house reports
continue to make exceedingly good
showing. Payments through local
banks for the month were about ten
millions more than the corresponding
month last year. The money market
has recovered from the effects of the
San Francisco disaster and by the first
of the year money will be appreciably
easier.
The value of building permits for the
month. totaling $1,S59,267, shows the
confidence OF investors.
Failures for the month, 81; liabilities,
$4,000; assets, $4,000. Same month
last year, Is failures; liabilities, $4,000;
assets $40 nm