Los Angeles herald., 1907-03-09
TRADE REVIEW
FOR FEBRUARY
CONDITIONS LOCALLY ABOVE
NORMAL
Orange and Lemon Market in Fine
Shape-Beans lnactive-oH
Industry Booming in
All Districts

r. G. Dun & Co. in their review OF
trade conditions in Southern Caifor-
MIA for the month of February say:
Rainfall TO date has been consider
ably over normal throughout Southern
California and farm work has been de-
layed which will affect to some extent
the cereal crop. The last heavy rains
| that opened March, IL is reported have
damaged coming deciduous fruit crops
especially In the foothill districts. i'he
destruction of blossoms will il is be-
| lieved, materially affect the coming
seasons output. The unusual amount
! Of moisture continuing I'm the soil has
also retarded beet planting although IL
has been pushed as rapidly as possible.
| Thinning Will begin the middle of
March.
Winter vegetables are going forward
and good prices are being realized.
The car shortage 1t is estimated viii
cause loss to celery growers of S25O,OOO.
The orange market is in good shape.
r. o. b. and cash orders are plentitul.
The shipments for February always the
weakest month. averaged lis carloads
a daR against ] 10 for same month last
season, and prices, while not high, oHer
fair profit. The railroads seem to be
trying to the best of their ability to
meet requirements of shippers In mat
ter of cars The 176 daily asked for
March have so far been provided. me
reduction of railroad rates OF 10 cents
to the growers. 1t means the giving
UP by the railroads of about 100000
for the balance of the season
The lemon market is satisfactory,
the demand is good and in competition
California brings 80 to. 10 cents per box
more than the Sicily fruit
Bean Market Inactive
The bean market is inactive. The
demand is restricted to filling lmmeui
ate wants. Sellers are not urging busl-
ness but seem willing to await outcome
of present season before attempting 10
unload hold-over crop below present
cured fruit market is slow, offerings
i'm all lines small and qu0tatlohs arr
practically unchanged Irade pulse
seems to indicate that apricots may go
higher and prices for peaches be shaded
a tribe. Priines are steady.
Raisn situation n,,sh cGnt1nues nm Values on
spot goods. Less than 100 carloads stlll
remain in the state. Wherever atten.
ton is directed to prices for tutures s,.,,t IL
is anparent that growers have nrm
ideas that sweat box prices should open
this year above 4 cents. T., .,,,.
The canned goods market is ,closely
cleaned up and steady. values RUE.
Outlook for large honey crop con-
ing season is exceedingly good, rs teed
for bees will be unusually plentiful:
The oil industry was never In petter
condition. The market is pr9aue1iiine t,, r!ice
Of crude oil is reflected in steady ad-
vancing values of the shares IN the
better oil companies.
Locally both retail merchants anu sau
iobbers Teport business satisfactory Tor
tbis season of the year Credit condi-
tinns t,l, we're never better. Plenty OF
money is in evidence for oGnde5St legtimeeff maef
~ po' ppncor;ra cement. The realty market
1,y Was more active than in January and
the value of building permits topped
the million mark again; uon,t+ios
$s7 900. assets. $4,000. Same month
last year. failures 49, liabilities, $4,000
assets, $4,000