The Evening statesman. [volume] (Walla Walla, Wash.) 1903-1910, 1907-06-21
REVIEW OF THE MARKETS
Wholesale and Retail Business
Much Improved


retail distribution. The current month
which closes the fiscal year with many
concerns, is rounding out a period of
business expansion with a very salts
factory record of expansion. Season.
able developments have, indeed, been
highly favorable, in that the soaking
rains which have fallen both east and
west of the Cascades have added hum
dreds of thousands of dollars to the
crops which will be harvested this
year. Vegetation of all kinds has been
given a splendid impetus, pasturage
has been renewed, while in the grain
belt the additional moisture was just
what was needed to give assurance to
the wheat producer Of a bumper yield.
At this time crops gtnerally could not
be in more promising position. and
farmers throughout the Pacific north
west, with merchants doing business
in agricultural communities, are JUS
tilted in expecting a fat year.
Conditions continue a bit unsettled
in some departments of the industrial
situation AS heretofore noted, COM
plications at San Francisco have had a
wise lumber market, and production
has been curtailed to some extent. the
same influence extending through to
the logging camps, but a fair foreign
business is passing, and the rail trade
is getting into better condition.. as
rolling stock is released, following the
crop movement. The breadstuffs trade
is getting pretty well wound up for
the season, the remaining wheat stocks
to be moved being very small
percentage of the crop, and while
there is something of hull in the ex-
port trade, the conditions are largely
the result of manufacturers being
loaded up with business which must
he closed up during the next few
weeks. While cereals have eased off
to some extent, the conditions are
more favorable in this regard than
otherwise, for it reflects an improve
ment in the crop outlook of the cOun-
try at large. There is now less pros
pect of q shortage of cereals and a
general improvement in those ee-
ments which have an important bear
ing on the prosperity of the country as
a w ilolS, anu us tllcClS WI Uc lett
maintaining the building operations
which hold the demand for our timber
products
New construction is still making a
heavy showing of increase locally and
in all parts Of the North Pacific coun-
Try. Locally several important pro-
jects will be inaugurated within the
next few weeks. though the largest
percentage of gain is reflected in the
construction of residences for the ac-
commOdation of increasing population.
While railway work is showing extern
sion in current activities. the most M
portant of recent announcements in
the transportation situation is hat the
Canadian Pacific has negotiations well
under way for reaching Tacoma with
direct train service in the near future
and, though this northern system will
probably come in over O-her lines at
the outset, it is regarded as certain
that the Canadian Will soon nave its
own trackage and te; minals in Taco
ma. affording a new and important
element in competition for traffic.
Business has improved both at
W IlolcSdlt anu Itlcll Jul lllS l1it Wteh
and stocks are moving out well. Price
changes noted for the week were as
follows:
Advances: String beans. Standard.
$1O0: Standard canned corn, 9Oc;
choice apricOts. 25-lb. boxes. 21c; San
ia Claus, 5000 prunes, 1-4c: Lima
beans $5.75: Bayos. 1915: sockeye
salmon, bbls. $4,000: one-half bbls.
s1O.50: Bakers cottolene, one-half
bbls., II 3-Sc: Pioneer milk, s415. De-
clines: Lard, 1-2c; Tillamook cheese,
tierces, Ice; picnic hams, II 34c;
English bacon, 13 3-4c: dry salt sides,
II 1-4c; nutnegs. Hoe, 25c.
Sugar-The situation continues to
hold unchanged, with a gradual ex-
pansion in distribution at wholesale
and retail. However. the trade gen.
orally is pretty well stocked for i'm
mediate requirements, and in the alb
sence of pressing demands upon refn-
ers. values are ruling comparatively
easy. Raw sugars have, in fact eased
off slightly in the east. and some lots
have been offered at concessions, due
very largely to the fact that the back
ward season has kept consuming de-
mandS far below expectations. It is
generally believed that a few weeks
of warm weather, which would start
canning and preserving operations in
good shape, would imDart a further
hardening tone to the situation, and
predictions are still being made that
further advances are in prospect be-
fore the season is closed. The i'm
proved fruit outlook locally will I'M
dOubtedly expand requirements to
meet full expectations of the earlier
part of the esason.
Coffee-There are few alterations in
the position of cOffees from week to
week though much of the Steadiness
of the market is attributed to the re-
strainng influences of Brazilian hold
ings and the big accommodations of large
roasting firms. While the close Of
the crop season is only a couple OF
weeks distant there is not the slight
est indication of falling off in the
enormous available stocks of low
grade coffees. Ordinarily the visible
report for June 1 is smaller than that
of any preceding month, but this year
it is not only in excess of that of any
other month in the year. but touches