The San Francisco call., 1908-05-29
RAIsINs, PRUNEs, DRIED FRUITS
Condition of the Markets and Outlook
for the Coming Season

One Of the largest and most reliable houses
| In the trade makes the following statement
regarding current cured fruit conditions:
Prunes-The prune. situation in this state
| is peculiar one, ms the hest estimates OBJ
crop of from so 600, 600 CO. 900 600 of pounds.
rms is based upon a crop In the Santa Clara
thougn some packers state It will not be more
than half of this quantity. 1t is estimated that
m tine th total carry oyer by pac@6eGs @ and growers
giving Tor domestic and export trade maximum
OF 100000 pounds Of both new and old.
named. it is assumed d they hey viii Will be- about Oeen ON
last wears basis few sales have al
ready been made for export at a &c base. When
the past five years has been 100000 600 of
pounds; that the average amount exported has
average consumption in the United States has
been nearly 0,000, 900 OF pounds, you can
figure out what a prospective shortage the trade
OF the United States is facing at the present
time. With crop of less than half the av-
erage and only about third of that of 1906
and comparatively light carry over. the in
dications are for comparatively high prices.
1T must not be forgotten that stocks east
are not 25 per cent of those of year ago.
trial conditions stocks ought to clean up with
out any trouble on much higher basis than
"Apricots-The coming apricot crop of this
state is variously estimated at from is, 900 to
$4,000 tons dried, although all such estimates
are necessarily approximate only, as this may
be increased or decreased by the quantity taken
by the Gamers and the green fruit shippers.
Peaches-Peaches promise a record break
ing crop and doubtless the QUANTITY dried will
be extremely large. There has been but very
little business transacted as yet in peaches
what has been done has been on low basis of
values.
'RaIsns-While 1t is too early to say what
the crop will be 1t looks as though the
output would be as large as that of year
ago. NO buying or selling has been done by the
operators of this state, nor do we think there
VIII be any to speak of until near time of
harvest. Just now the trade east Is very apa-
thetic, fearing that with the big crop In sight
and the heavy eastern fruit crop, the trade
based upon last years experience Will be very
much restricted"
Wheat and Other Grains
Wheat-Bearish crop news sent Chicago down
1ac The crop was reported in good condition
asa as RUE, and recent damage reports were
yield Of winter wheat above the average.
The San Francisco market continues easy
| though there is some grain selling. Prices re-
main as before
CASH WHEAT
California club, $1.656l1. .67h; do milling
sI67h al. 20; California white Australian. 81. 70
Q1.721a lower grades of California, 81 4O0i 80;
northern th club sie5Q1.e71s; northern bluestem
redt Sl.67h@L75.
1920 a. m. Session
No transactions.
No transactions
Barley.The weakness before noted was more
lower, with sale of choice bright feed at
$1.421a. Futures were quiet.
CASH BARLEY
Good 10 choice feed. spot, 81 AZ a /. .421h :
common com to fair, slasa @l.4o per cti; brewing
and chevalier, nominal.
FUTURES
1880 a. m. Session
Open. High. Low. Close.
DecemberfH 81 .2S1s 81. 2SE $1.27& S1.27&
p. m. Session
Open; High, Low. Close
December 81 .27h $1.2715 S1.27A Sl.27as
Oats--The pressure to sell and get from under
Is more pronounced. and is depressing prices
The new crop is expected to appear in market in
30 days, and nobody wants to be caught with
any amount of stock on hand. Buyers continue
to hold off. Some choice white. ex warehouse
sold yesterday at $1.521a There are no more
reds left and but few grays.
Common to choice white 81 Az 011 57l5: gray
| nominal, S1.50M1.5715 per ctl
Corn-The market rules very firm and quota
lions for the western descriptions, wired out
here from Chicago tending upward
California small round yellow nomfnal
large yellow, nominal; white, nominal; western
states yellow, sacked, Sis; in bulk, San
francisco track, $l.74; white, $1.74; mixed
Sl.72; Egyptian, nominal at $i.s0G1.s5 for
Rye-California, s1.47A also per ctl