Los Angeles herald., 1907-07-10
BEANS AND HONEY
HIGHER IN PRICE.
RECORD EARNINGS FOR Or
CHARD PRODUCTS
Apricots Bring $11o Ton, and Pluns
and Peaches Double Value of
Normal Years-Business
Conditions

The June report by r. G. Dun & Co. on
crop and business conditions is given to
the public:
1.-The advent of summer weather dur
ing the past month has fastened the
ripening of the fruit crop and the apricot
and peach harvest is in full swing. The
hay crop is rapidly being baled and grain
is beginning to come to the local ware
houses. .Ranchers report good grain
yield and claim that barley will start off
az $115 per 100 pounds. Orchardists are
being paid the highest prices ever known
in history of fruit industry Of this sec
ton. Canneries are paying $50 to $50
ton for plums; $50 for peaches, fully twice
the price in normal years. Apricots have
brought as high as $l10 ton, as against
$50 highest paid last year. The result Is
that the canning pack of deciduous fruit
will be normal; but few peaches or april
cots will go to the dryers. Opening prices
central California canneries. AS expected
there is a big increase over those OF last
year The California fruit Gamers have
declined as yet to name prices, desiring
to wait until general market and crop
conditions can be fairly estimated.
1.-The orange market ruled strong dur
ing the past month The future OF the
market was the nigh . price 9,e PAID Ior tn ne
crop seems to be exceeding the estimate
and shipments heavier than usual at this
season of the year. Prices for Valencias
lule a little below expectations, burt are
as high as last year at this time. Inc
new orange crop has set remarkably well,
and dropping has been slight Hot
Gather put great activity into the lemon
market. The call is heavy and prices are
soaring.
Interest in New Crop
''In the cured fruit market interest GEN.
ters, in the new crop of peaches ana
prunes A considerable export demand for
FL, pO,. hoe
are based on 11@12c to growers. Inc out
put will probably be the same as last
year. The state prune crop is not oO per
cent of normal yield. Most of the crop
has passed from growers to packers at A
@41sc, bag basis, and quotations have set
tied to &c f. o. b. bag basis The output
of apricots for Southern California VIII
not exceed twenty carloads. Growers are
being offered around zoe.
"Raisins continue to advance and are
now held at &c in sweat boxes. The crop
will run about 10000 tons short of the
estimate 20 per cent still remaining In
the growers hands. The bulk of the
raisins last year sold at 3 1-3431ac. This
year practically no raisins were SOLD
under 41Rc.
''The honey season will be profitable
che The output will not reach that, of
normal year, but much in excess OF las'
Advance in Beans
"The bean market is firm at hardened
rates. Prices for limas advanced during
the month to $5.25. The coming crop
locks we'll Growers are being offered 4g
4Nc, but contracts are not being freely
made. -, ,4
sa tisfactory conditions for this season OF
the wear Value of building permits
reached a million and a half for the
month. City assessment shows an in
crease of $67,OOO0O0 over 1906. Banks are
disbursing semi-annual dividends this
month and good increase in business is
shown over corresponding period last
year. Bank clearances for six months
ending June 30 show net gain of nearly
forty million over first six months of last
year The market is easing on real estate
loans. a. ,.,,..
''Failrres for. the month, 10; liabilities;
year, IL; liabilities, $4,000; assets, $S5, 600 ;"