Los Angeles herald., 1907-08-09
GROWING DEMANDS
FOR FINE FRUITS
TRADE REVIEW SAYS PRODUCERS
ARE PROSPEROUS
July Orange Crop Was Never in Better
Shape-National Pure Food Law
Makes Trouble-Oil 81
Barrel

"Crop conditions throughout Southern
California continue good" say Dun &c
Co. in their July Review Grain har-
vest is running under estimates, but
prices are higher than for years, wheat
quoted at $1.50 and barley $1.1O and $l.15
GENITAL. Hay crop is large quality
good-the price tendency little down
ward. Beans are maturing slowly this
year. Celery crop is now being planted
and excellent progress is being made.
Fruit is plentiful, but the demand Is
so great from east and north that or
chardsts are on top of prosperity wave.
Activity now concentrates at canneries.
Apricot season is practically closed and
peaches are to the fore. The amount
of peaches for the dryers has been badly
cut, not only by higher price offerings
of canneries but by sulphur controversy
arising from requirements of pure food
law The vineyardists will harvest
great crop and prices offered by rafsin
men will probably force up prices for
the wine makers.
'The July orange market was never
in better shape; shipments were unusu-
ally heavy, more than 1000 carloads OF
Valencias going forward during the
month. This season is the fifth successive
season for high prices for Valencias.
going to auctions, but shipped on order,
prices averaging 1925 to $3.50 f. o., b.
Every indication points to heavy orange
crop for season 1907-08. 1t is expected
interstate commerce commission will give
decision as to car distribution before
shipping of new crop begins.
"The lemon market for month ruled
strong and high; prices averaged S426
to $3.50 f. o. b. The main question ship
O. af1ti IN
demand. The middle west Is principal
market place of California lemons. Com
petition with foreign fruit does not enter
to any such extent as on Atlantic coast.
Cannery Business Enormous
"In cured fruit market practically
nothing is moving, Eastern buyers hold
that apricot prices are prohibltive-nlne-
tenths of sales this season have been
for export. But as crop Is lightest ever
known coast handlers are not inclined
TO make much concession from quota
tions. AS mentioned, the national pure
food law is making a lot of trouble for
cured fruit men. 1t is especially cur
failing dried peach output and business
is being seriously affected by uncertainty
of dealers as to risk they run In doing
business in resent situation. Ralslns
are a little weaker at 51ac IN sweat poX.
Futures have sold heavily.
Gamers of fruit and vegetables report
big sales at highest prices ever known
in history of industry. The middle of
the month the California Fruit Gamers
association put out quotations. Prices
are high as anticipated, but on the lower
grades are lower than central California
canneries' prices.
''It is now conceded honey output will
be sixty carloads; practically no comb.
Prices unusually high, apiarists receiving
S to cents. Bean market is firm with
fair summer trade reported. Sugar
shipments from this seasons run at
Visalia, which opened July 80, has ar
rived in Los Angeles. Campaign at OK
nard will open middle of August. The
run at this factory and Alamitos will
be shorter than usual, but up to usual
standard in quality. The oil industry in
this section is attracting more and more
attention. The foreign shipments show
steady large increase. Its value this
year will approximate S4O,OOOOOO. The
about equals production. Oil
is now selling in Los Angeles at 81 barrel,
with so cents on new contracts in Kern
fields. Locally business shows evidence
of summer dullness. 1t is the season
when business must be gone for. Credit
conditions good. The building permits
show Increase in number over June, but
fall a little below in value, just reaching
81 ,S13,O 600.
"Failures for the month, a. liabilities,
ISL 900; assets, $S5,O00, Same month last
year 2S; liabilities, $4,000; assets, $4,000.
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