Los Angeles herald., 1907-09-09
SITUATION GOOD
IS DUN'S REPORT
CROPS ARE EXCEPTIONALLY
LARGE
Eastern Dealers Attitude Reassures
Fruit Growers on Sulphur Cured
out2ut-FalIures Fewer
Than Last Year

r. G. Dun's review for August says:
Crop conditions throughout South
ern California remain exceptionally
good. The grain harvest has pro-
gressed this season better than for
number of years. Quality is unusually
good, warehouses are filing rapidly,
beans are looking all right in all sec
tions, the output will equal IL not ex-
ceed that of last year. Sugar making
is in full swing, Oxnard slicing its full
capacity 1000 tons daily. Beets are
small this year but very rich in suagr
content. The celery crop will be un-
doubtedly the largest ever harvested In
Southern California and Will mature
fully a month earlier than In previous
years.
"The announcement of the agreement
among the railroads to increase the
freight rates 500 car on vegetables
shipped from Southern California points
to eastern markets after October l Is
rousing vehement protests from grow
ers and shippers. The grape harvest Is
on in earnest the drying trays filling
rapidly, and by last of month the
wineries will be crushing at full capa-
city. The output will exceed that OF
| last year by so per cent. Although no
combination has been made the makers
of sweet wine in this section are Offer
| ing less per ton for grapes than last
year, $12 to $14 is generally quoted.
September 15 will find the walnut
ga tberers active the trees are heavily
laden and indications are for bumper
crop. The association will not set price
before October l.. The foreign crop is
reported only one-third of normal out
put and it is predicted the marker De-
mand will warrant an, opening price OF
| Is cents for No. soft shells, other
grades in proportion. The fig crop Is
larger than that of last year about
3500 tons. Eastern demand for Valen-
cia oranges has continued good. very
little fruit going to auctions, fair prices
prevailed. The lemon market Is strong
in middle west markets and Is holding
it's own in the east in competition with
Sicily importations.
More Peaches
"The cured fruit market Is quiet but
There is apparent general resumption
| of a business in such lines as were
affected by federal government ruling
| in regard to amount of sulphur TO pc
used in drying. Growers and packers
are still agitated over the matter, but
| the fact that eastern jobbers are ready
Ito buy as heretofore has cleared the
situation and led dried fruit concerns to
abandon repudiation of contract talk
The few apricots still in this district
/ are still in hands of growers VINO are
inclined to await higher prices. The
quotations on peaches are little
lower The output is proving larger
than anticipated. ).
"The raisin market is stronger as II
becomes apparent that importations as
| they can be priced this year are not
| llikely-to hold the market down. Inc
demand for canned fruit and vegetables
Lis proving phenomenal. Packers re-
port as we'll sold up on the 1907 pack
"Stocks are badly broken and. no OF
fers are made at less than list prices
Locally, wholesale distribution Is ac-
tive. country collection satisfactory,
: city collections rather slow. Building
permits for August totaled 7S0 and
showed only 9 per cent decline in value
from August of last year The realty
market is improving. Dealers while
not looking forward to an activity equal
to that of last winter see every indica-
tion of healthy market in both busi-
ness and residence properties-with in
vestment not speculative interest as
feature. Money is easier under brisk
demand.
"Failures 15 liabilities $4,000, assets
SIG. 900. Same month last year twenty
four failures liabilities $4,000, assets
10000"