Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-08-30
OF
TRADE BETTER
IN CALIFORNIA
Wells~FargO Bank Says That
Business Outlook Is
Brighter.

SAN FRANCISCO, Aug. 30.-The Well
Fargo Bank, in its monthly review, re
ports Improvement. With an abundant
crop yield, farmers have been market
ing their products rapidly and at bet
ter prices than were expected. Barley
has been sold freely for export. At no
time in the history of the industry in
California has there been so little of the
seasons crop left in the hands of the
producers at this period of the year The
docks at Port Costa have been taxed to
capacity to take care of barley for ex-
port and distribution.
The pack of canned fruits and vege-
tables Is reported smaller this year than
last. Some varieties, such rs peaches,
ar esaid to be almost sold out. The
outlook for the dried fruit crop has i'm
proved, last years holdover is now
being moved freely There is a good de-
manG for export
The rice crop is about so per cent Of
normal, compared with a nine-year aver
age OF 81 per cent. This years produc-
ton is estimated at 10000 tons com
pared with 215.0OO tons in 1920.
SUGAR BEET CROP
So PER MENT NORMAL.
The sugar bet crop is So per cent of
normal, compared with 81 per cent a year
ago. Estimates indicate a yield Of about
1,0S0 900 tons.
A preliminary estimate places the
wheat crop at S.OS0,OO0 bushels, an aver
age of sixten bushels an acre. Last year
the production was 100000 bushels.
Condition Of cotton has improved 1t
Is now estimated to be 50 per cent of
normal This would give production Of
1900 bales
Most Of the fruit crops are likely to
SLOW decrease compared with last year.
The condition of apples indicates a
production of about 5.3jG. 900 bushels
This would be nearly 100000 bushels less
than in 1920.
nigh temperatures early last month
injured the apricot crop. The final esti-
mate Of production is 43 per cent Of
normal, compared with a ten year sv-
erage Of y. This years production will
be about 1885, 900 tons. decrease OF 10000
tons
az eof sixteen bushels an acre. Last year
year The total production is esti-
mated at 10000 tons.
WINDS DAMAGE
PEAR CROP.
AiVdNN NiNQS caused damage to the
pear crop in the Sacramento valley The
condition for the State is about IS PEI
cent Of normal, compared with 76 per
cent last year. Production will be about
$1,000 tons, the lowest in eight years.
Plums sud prunes show slight increase
In condition.
1t is not yet possible to predict the
production Of oranges. At present the
condition is slightly better than last
year. and is estimated to be So per cent
Of normal. compared with year av-
erase of -. Lemons are reported to be
~ per cent Of normal This Is three
points better than the ten year average.
Almonds are In about the same condi-
ton as last wear. Walnuts are below the
average.
The Wells-Fargo BANK reports
brighter outlook for general business
Price readjustment IS manifesting good
effects. Business now can be handled on
a smaller profit marg n.
Retailers are buying to meet imme-
date requirements. Volume Of business
in wholesale dry goods is reported to he
about the same as a year ago. Cash re-
turns. however are lower on account Of
the drop in prices.-Copyright 1921, by
Public Ledger Co.