1504 locomotives burning oil for fuel. These loco- 

 motives consume 600 barrels each a month. The 

 Santa Fe Railroad Company is also converting its 

 locomotives to oil-burners. In 1902 280 engines 

 operating between San Francisco and Winslow, 

 Arizona, were oil-consumers. Two years ago there 

 was not a steamer burning oil; now there are 112 

 using it for fuel. The Standard Oil Company has 

 its new pipe-line from the southern oil-fields near 

 Bakersfield to Point Richmond on the eastern 

 shore of San Francisco Bay, nearly completed, and 

 it will be in operation early in 1903. 



Banking. The State has 321 banks, of which 

 191 are commercial, 61 savings, 49 national, and 

 20 private. All but the national banks are un- 

 der the jurisdiction of the State Board of Bank 

 Commissioners, which calls for detailed reports at 

 irregular intervals two or three times each year. 

 The aggregate resources of the banks in the State 

 on Aug. 23, 1902, the date of the last official re- 

 port, was $494,678,597.30. This represents a gain 

 of $65,754,716.21 in twelve months, in comparison 

 with the official statement of Aug. 17, 1901. Clas- 

 sified, the banking resources include the following 

 items: Bank premises, $8,199,162.96; other real 

 estate, $15,540,532.12; stocks, bonds, and war- 

 rants $112,122,208.85; loans on real estate, $116,- 

 489,606.06; loans on stocks, bonds, and warrants, 

 $38,303,603.84 ; loans on grain and other securities, 

 $14,512,682.97; loans on personal security, $88,- 

 746,692.52; money on hand, $33,504,414.34; due 

 from banks and bankers, $62,416,956.22; other 

 assets, $4,862,737.42. The paid-up capital of all 

 the banks in the State amounts to $52,699,044.38, 

 and the total due depositors in all banks is $368,- 

 594,780.09. In San Francisco there are 9 savings- 

 banks, and the deposits aggregate $138,193,443.38. 

 The current rate of interest for loans on real- 

 estate security is 5J to 6 per cent, per annum, the 

 banks paying the mortgage taxes. The annual 

 allowance of interest on deposits by the savings- 

 banks is 3| to 3| per cent. The resources of the 

 19 commercial banks in San Francisco amount to 

 $104,237,334.30, and the total due depositors ag- 

 gregates $63,798,854.67. There was a large in- 

 crease in the business of the State in the last four 

 months of the year. The month of December, 

 1902, showed the heaviest clearings for any one 

 month in the history of the city, the total being 

 $136,571,697.04. The deposits in all the banks of 

 the State are $248.22 per capita of the population. 



Agriculture. The farming interests of the 

 State had a very prosperous year, and remunera- 

 tive prices ruled almost continuously. The wheat- 

 crop was not up to expectations in quantity, but 

 the quality was excellent and the prices obtained 

 were the highest in four years next preceding. 

 The total yield was 21,072,366 bushels. As during 

 the two previous years, the shortage in production 

 was in the southern portion of the State, the yield 

 in central and northern California being bountiful. 

 The value of the crop, however, was about $16,- 

 500,000. The crop of barley was a little over 

 19,000.000 bushels, but the higher prices brought 

 the value up to $10,000,000. The production of 

 corn and oats was light, the yield of the former 

 being about 1,000.000 bushels and of the latter 

 something over 2,000,000 bushels. Rye is grown 

 very sparingly, and 350,000 bushels is a liberal es- 

 timate for the total yield. The price of rye was 

 the highest in many years, choice lots selling at 

 $1.15 a cental. The crop of beans was larger than 

 usual, the total being about 115,000,000 pounds, 

 of which 40.000,000 pounds were Limas. 



Hop-growers had one of the best years in the 

 history of the industry. The production was 

 bountiful, the total being 55,000 bales or about 



UNITED STATES OP AMERICA. (CALIFORNIA.) 



Y01 



10,500,000 pounds, the price ranging from 20 to 26 

 cents a pound. 



The output of beet-sugar for the year is various- 

 ly estimated at 80,000 to 85,000 short tons, 3 of 

 the 8 refineries not furnishing statistics of their 

 production. The crop of beets was large, and the 

 yield of sugar ranged from 213 to 258 pounds to 

 each ton of beets. The laboratory percentage of 

 sugar in beets varied from 14.19 to 16.43 per cent., 

 according to locality. 



The best estimates on the production of honey 

 place the year's crop at 3,750,000 pounds. This 

 was below expectations, but the scarcity of spring 

 rains in the blooming time throughout southern 

 California caused the deficiency. 



The wool-clip was about 18,000,000 pounds. 

 This is a fair average for the past few years, and 

 the prices generally realized by growers have been 

 remunerative. 



The rainfall at San Francisco in the season of 

 1901-'02 was 18.98 inches, a little less than in the 

 preceding season. Northward it was greater, be- 

 ing 51.96 inches at Eureka, in Humboldt County; 

 and southward there was a gradual decrease until 

 at San Diego the total was only 6.16 inches. 



Horticulture. The yield of nearly all fruits 

 was in excess of that of the preceding year, and 

 generally the prices were more satisfactory to 

 growers. Shipments by rail of deciduous fruits 

 to the Eastern States aggregated 7,141 car-loads, of 

 which 2,011 cars were pears, 1,777 peaches, 1,033 

 grapes, 1,478 plums and prunes, 222 apricots, 245 

 cherries, and the remainder miscellaneous. New 

 York city took 1,475 car-loads, Chicago 1,301, 

 Boston 745, Minneapolis 419, Philadelphia 295, 

 and Pittsburg 278. These were the leading 

 centers of distribution, although 10 other cities 

 took over 100 car-loads each, and as many more 

 over 50 car-loads each. The shipments of the 

 year were the largest in the history of the busi- 

 ness. The shipments of oranges and lemons for 

 the citrus season, which begins Nov. 1, aggre- 

 gated 19,180 car-loads of 350 boxes each. Of this 

 total, 1,836 car-loads were lemons. 



The prune-crop was a fair average, the esti- 

 mated yield being 150,000,000 pounds. The ex- 

 port demand was steady, but prices were rather 

 low until the end of December, when there was a 

 sharp advance. A feature of the year's trade was 

 heavy shipments to Europe. 



Raisin-growers had a large yield and realized 

 good prices. The crop was about 96,000,000 

 pounds, the largest for any one year since 1894. 



The walnut-crop was larger than usual, and the 

 quality was excellent, the total yield being 17,- 

 000,000 pounds. The crop of almonds was also 

 large, the total being 5,600,000 pounds. 



The viticultural interests had a very favorable 

 season and the yield of wine, 40,000,000 gallons, 

 was the largest for several years. Of this total, 

 26,000,000 gallons were dry 'wines and 14,000,000 

 gallons sweet wine. The wine-grape growers real- 

 ized the highest prices paid in many years, in 

 some sections as high as $34 a ton being paid at 

 the wineries for some fine varieties. In the season 

 350,000 tons of grapes were crushed for wine-ma- 

 king. The best trade estimates place the brandy 

 production at 5,000,000 gallons. 



The pack of canned fruits is slightly less than 

 for the previous year, the total being 2,250,000 

 cases, each case containing 2 dozen 2J-pound cans. 



Dairying. This industry has made rapid im- 

 provement during the past few years, and while 

 the annual output is still far short of the require- 

 ments, the production of the last year shows a 

 large increase. The coast counties Humboldt, 

 Marin, Sonoma, and San Mateo are still in the 



