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The San Francisco call. (San Francisco [Calif.]) 1895-1913, September 10, 1899, Image 20

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Persistent link: http://chroniclingamerica.loc.gov/lccn/sn85066387/1899-09-10/ed-1/seq-20/

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COMMERCIAL WORLD
Weather Report.
(120 th Meridian— Pacific Time.)
SAN FRANCISCO, Sept. 9, 5 p. m.
The following maximum temperatures were
reported from stations in California to-day:
Eureka 64 San Diego 70
Fresno 08 Sacramento 98
Los Arigp.es 70 Independence 88
Rod Bluff m Vuma »S
San Luis Ohljpo 76 •
San F.-anclsco data: Maximum temperature.
CO: minimum, 52; mean. D 6.
WEATHER CONDITIONS AND GENERAL
FORECAST.
The pressure has risen slowly over California.
Nevada and Arizona. An area of low pressure
extends from Arizona to •them California.
Unusually warm weath.pr p' eva U .- In the in
terior of California. In the Sacramento Valley
the tPmpernture Is fourteen degrees above the
normal, and in the San Joaquin Valley from
fix to right degrees. Temperatures exceeding
100 dsgroes are reported at several stations.
The coldest station reporting west of the
Rocky Mountains is San Francisco, where the
temperature Is S<> degrees. At Mount Tamatpais
at the same hour was eighty-five degrees,
showing a vertical temperature gradient of one
deerree rise for every eighty feet of eleva
tion.
A tm^e of rain Is reported Et Los Angeles.
Low fog prevails Jong the coast.
Forecast mide at Pan Franclpeo for thirty
hours, ending midnlsht September 10:
For Northern California— Fair Sunday; north
erly winds in the Interior: continued warm
weather inland; fresh westerly winds, with fog
03 the coast.
'•for Pouthern California — Sunday: fresb
n-.rthwest winds with fog on the coast.
For Npvada — Fair Sunday: continued warm.
For Utah— Fair Sunday; continued warm.
For Arizona — Cloudy Sunday.
For Pan Francisco and vicinity — Fair Sun
day, with fop in the moraine and afternoon;
fre?h westerly wind.
ALEXANDER McADIE. Forecast Official.
EASTERN MARKETS.
New York Stock Market.
JCEW YORK, Sect. J.— Stocks showed some
§ <::s of firmness In the flrst hour of the trad
ing and up to the hours of the publishing of
the back statement. The movement in railroad
stocks wad exceedingly narrow, and lhe pell-
Ing movement, though not very passing, was
ruffleient to bring The genera] level of prices
below those of last nlcht. Tennessee Coal con
founded tne bears by soaring an additional 7
points upward, and after reacting SV4 recov
ered to within 2 points of the top. Colorado
Fuel continued to show close sympathy and
was up over - : •before the late reaction.
Adi to these a continued large demand for
Manhattan and sympathetic strength in Met
ropolitan and Brooklyn Transit and good gains '
la International Paper, Union Bag and Paper !
and Lackawanna, the points of extraordinary
strength In the market are about exhausted. j
The London Exchange was closed for a house
cleaning, and the recent depression from that
erjrce was lacking. Paris was looked to for a ;
reflection of foreizn sentiment, and the view
. there seemed to b«i a cheerful one. In view |
o; the i>essircisti3 forecasts that have been
hiard all week regarding the bank statement ;
th» "■- had a feeling early to the session
that .■ -. poor statement had been more than
discounted and were inclined to cover. Bat
the statement showed a loss in cash c: $2,CW.
--. 000 over the previous' estimates. The comparl
. &:n is. the average total of cash for sixty days
xvjth the average for the preceding six business
. days. AY the- totals" have b^eft en a lessening
■ Ec-ale. : the average, underestimates the actual
•total. The contraction of »6.iJ15,700 In loans re
duced- the reserve requirements by .aV>ut $1,500,
--. jQOO." Otterwise the : surplus above lezal re
" .qutrpmer.ts -would be: be-low ji.OOO.POO. It Is be- I
■ ileved the treasury would consent to leave on <
deposit' isith.X.ew York banks the payment for
taxes for' next" w.eek.. but this would only partly ;
.relieve . the' -drain., as the demand from the
South will .contlnu? and no Increase in cash '
. .-': 'reserves . would resurt from the measure Itself.
It is:, evident, therefore; that the -process of
■ Joan .-coTitruction is to continue lor the lmme
.-. diate' futufv. ■ . • , •:-:•*• •■■':..
: "- Wall street starts the week after Monday's
• • holiday with a disposition apparent to con
• test .the depressing; influences of - the shrink
ages.: of the surplus reserves In New York
■banks and .the gAtHering war cloud in South \
Africa. • . . ' ': ' .
••..■ Bji't the diiAblns of the money rate and the
•' .selling. . of stocks .tor longer account proved
etftcacious arrangements agninst an immediate
• further advance' in r>rU~?s. General prices re
' fus«?d to advance at any time and remained in
different to the wide upward mo'v-ement in lndi- .
". vl4.ua! • stor-ks. whether the Vanderbilts, the
• volatile ,sp*iia;t!es led by Tennessee Coal or by ;
.-.St. paal. The movement of St. Paul was
.' t>as*3 on the publication of the annual report
• and was niot-t ' Influential in its effect on the
■.general 'list! The large increase in nearly
every branch of the exceedingly varied traf
fic of the great system, the extensive im
• menu and the betterments effected dur
• ing the ear and large surplus of earnings
'carries forward, even after the generous allot
ment to the cost of improvements from cur
" rent • earnlncs, : a '.- a most hopeful 6howing
■ of the condition of the transi>ortation lndus
■ try an.3 had an inevitable effect on prices of
ail railroad securities. The conditions in the
market have caused greatest caution during the
.past we»k. The downward course of the cash
■reserve "item of the New York Clearing-house
banks had made little, effect for several weeks
past. . . - ■ ". " " : '
It has been argued that there was plenty
of money available which did not show in the
w»ek!y Clearing-house statement. The many
new trust' companies which have been organ
ized ; and the insurance companies have been
pointed out as sources of supply, which were
not Indicated in the Clearing-hous* statement.
The fact that banks in the Western cities i
which have been bidding far mercantile paper
in the .New Y.^rk market was cited as evidence
that the interior was supplied with money to
move the crops and need not call on New
York. Deposits of Western and Southern banks
Jn New York bonks have been transferred on a
large scale to ether Eastern cities, owing to
the recently enforced rule of New York banks
to charge for collections on outside checks, ana
this was expected to shift whatever demand
misht come from the West and South for
nvney upon other cities. And the conviction
has been general that gold exports were an
available means of relief whenever it was de
sired to call home our foreign credits. There
Is ground for the prevailing belief on all those
points, but nevertheless New York exchange
at Interior points has continued downward
an* the shipments or currency to New Orleans
have commenced this week as usual at this
period of the year. The balance of the cur
rency movement has been largely in favor of
the Interior and the sub-treasury is still mak- ,
ing large inroads on the cash resources of New
York banks on account of payments of taxes.
~ he banks' surplus r'-«rv»?, already low. are
thus tending fast toward trie vanishing point.
The sterling exchange rote showed no dispo
sition to yield until late In the week, in spite
of th" hardness of money here, as the London
market was preparing Itself for the Increasing
probability of war. If gold Imports should be
'A-ced under these circumstances it is certain
that American securities would be sent home
to market on a laree scale. It will be re
membered that the treasury came to the relief
S the money market last September by antici
r«'ing th " redemption of maturing bonds and
acc^ufns interest and by increasing deposits
»t dei>£i*«rv banks. It Is the hope of flnan
c'al St^lm that some such measures of relief
wfli nSw be adopted by the treasury- Other
. .v, i'ir^a«ing demands on the New \ork
tort f wili 'can ':<? a constable contraction
SftK^iSffiES o O nU-°been moderately ;
• rTIVe tvTrirJT the week and prices have not
oMioirfcou^ advanced H. and the fives de
clln-d «* per cent In the bid nee.
NEW YORK BTOCK LIST.
„ Closing
Share* B1(1
Sold. Stocks— 2,^
2.P11 Atchtson .-•••• "J*
11310 Atchison pi* f i h -;; "•
200 Baltimore & Ohio |2£
V Canadian Pacific ?3\
Canada Southern « *
""ioo Central P« —•• "%
• o^3 Chesapeake & Ohio fl»
; ■„.» riilii^o treat Western ls-^
?9» Ch cago -■■•.-, CJuincy U4* .
**M OCh cago Ind & ioutevHle ••■■- 10. :
ChiPSKO Ir.d & Louisville prefd..... 41
r£i» Ch ictlo & Eastern Illinois MH
" n, l( . aeo & North westerr. 163
'■i*M Virago Rock Inland & Pacific I 2&
4il C C C & St I»uis oo*i
100 Coloratlo Southern ■•••••• ;• »
Colorado Southern l«t prefd 46
""iM Colorado Southern Id prefd 16
8«> Delaware ,& Hud li-on ....■■. 123
500 Delaware ' Lack & Western 17W4
COO Denver & Itlo Grande ■; • |}%
$00 r-enver & Rio Grande ' .v.v.v;;:: is£
Krie ls« prefd -• *"' y4
""i:9 GreaP Northern prefd IWV4
839 Hocking Con I £ 4
-0-j Hocking Valley •-• '
<r al ll £* I
7g J?S.?S?isSte* ouif::::::: B?*i
tern la
»
- I ake Shore 201 •■i
"'MM Louisville & Nashville 80
24^3 Manhattan L. -•••• »'• **
3T,4 Metropolitan Street Railway tU%
j'J;^ Mexican Central 15
'+30 Minneapolis ■ St Louis 7S»
. . Minneapolis A St Louis prefd 96
250 Missouri Pacific « i
Mobile & Ohio «
Vi> Missouri Kansas & Texas 13.4
. 2 4(5 Missouri Kansas & Texas prefd 41-»
COO New Jersey Central IIS !
I 761 New York Central 1-8 I
I.V-0 Norfolk & Western 2*4
'14 Norfolk & Western prefd Wk
2,4:.-. Northern Paclflc ■r - ■**
700 Northern Pacific prefd •«'*
I.SM Ontario & Western..... -0/4 i
Oregon Hallway & Nay.... 44*4
Oregon Railway & Nay prefd <« |
1.000 Pennsylvania "* j
....... Reading ».. I
J.4QO Heading Ist prefd tu >»
100 Reading 24 prefd 83
Rio Grand« Western 384
Rio Grande "Western prefd 82
Et Loot! & San Fran 11
St Louis * San Fran Ist prefd "0 j
St Louis & San Fran 2.1 prefd 3IS'~A ;
300 St Louis Southwestern 15V* !
1.400 St Louis Southwestern prefd SG»i
7,210 St Paul 134 j
St Paul prefd ITS !
St Paul & Omaha US !
6,100 Southern Pacific 3«%
I 2.000 Southern Railway 124 j
1,220 Southern Railway prefd 544
l"0 Texas & Pacific 204
2.430 Union Pacific 46 4 j
! 2,500 Union Pacific prefd 76 I
Wabash "Y
--520 V abash prefd 22' 4
; 1.720 Wheeling & Lake Erie iX%
300 Wheeling & Lake Erie prefd 1114
320 Wisconsin Central ITS :
i P C C -v St Louis 73»i
Express Companies —
| Adame ....I 115
American 150
: United States 50
j Wells-Fargo 135
Miscellaneous —
300 American Cotton Oil 44
American Cotton Oil prefd. ...„ 934
120 American Malting 13 i
I American Malting prefd 664 ,
900 American Smelting & R 40Vi
! American Smelting & R prefd 90%
' American Spirits 504
American Spirit* prefd 28% .
3,400 American Steel Hoop 40\ I
250 American Steel Hoop prefd .. 554
M American Steel & Wire 564 ;
100 American Steel & Wire prefd 99
7GO American Tin Plate ...., 434
150 American Tin Plate prefd S6Vfe
3,200 American Tobacco 127 I
American Tobacco prefd 145
2.500 Anaconda Mining Co 56 ]
7,635 Brooklyn Rapid Transit 104 I
17,556 Colorado Fuel & Iron » 61%
■ 1,420 Continental Tobacco 4-'> i»
I 1.300 Continental Tobacco prefd 954 i
2,745 Federal Steel 60-^
300 Federal Steel prefd si* ,
' General Electric 1224 i
125 Glucose Sugar 64^'
220 Glucose Sugar prefd 104 j
3.553 International Paper 31% ]
400 International Paper prefd 76%
200 Laclede Gas 66^ '.
150 National Biscuit 46 '■
National Biscuit prefd 99 j
200 National Lead 31 |
National Lead prefd 110 i
I 1.000 National Steel 53%;
1,055 National Steel prefd 57V* ;
New York Air Brake 161 !
100 North American 12** ;
650 Pacific Coast 4S&
; Pacific Coast Ist prefd (4 I
j Pacific Coast 2d prel'd 65>« ■
i 3.900 Pacific Mail 42$
I 1,020 People's Gas 115%,
100 Pressed Steel Car 59>4 I
: 1.025 Pressed Steel Car prefd Mfc
350 Pullman Palace Car 153 ,
i Standard Rope & Twine S !
5.590 Sugar 15o*i
| Sugar prefd 119
24.160 Tennessee Coal & Iron US
5,200 United States Leather 10* i
400 United States Leather prefd 754
j 100 United States Rubber -1.-* -*
1 United States Rubber prefd 115%
I 400 Western Union 884
I 5.755 Republic Iron 23i»
£65 Republic Iron prefd 754 '
2J5, 800 Shares sold.
CLOSING BONDS.
3 S 2s reg- LOOK M X & T 2ds 71% '
I Do 3s reg IQ* l *! Do 45...'. 94' i
! I- 3s coup m*i|N T C tots 112 !
| Do new 4s reg...130 N J C gen 6a.... 1»)
Do new ii c0up. .130 No Car 6s 12V
I Do old 4s reg....lUV» Do 4s l'"> 44 j
I Do old 4s coup. .. :No Pacific lsts 113 '<
| Do 5s reg 1114 j Do 3s tt% •
Do :- coup 1114! Do 4 9 10S4
i Din of Col 3.655. ..117 iN V C & St L 43..10S
i 6,1 a class A 109*4 N * W con «•.. K54
Do class B 199 i Do gen 6s 135
Do lass C 103 Or Nay ln> 1134
Do currency 100 | Do 4s 103*
I *.teh gen 4b IJ2W >r Short Line «5..12**%
, Do a<lj 4s &SVt; Do con os 116
. Tan So Mi 150 [Reading gen 4s S7?*
Thes .Si Ohio 445.. *5 RG W lsts 18%
! Do is -.liSViSt. L v I M C sf> . . 113 7
! Chi & N con 7*. ...US iSt L&S F G 6s. "1 i
I Do S F deb 55. ..120 !St Paul cons 1744 i
Chi Term 4s KM St P C & P lets... 121
li 4 R G lsts 105 ! Do 5s 121 '
Do la i>K\ ; So Railway Si 109% i
i E T V & G 1ate... 1034 Stand R & T 6*... S7
1 Erie gen 4s 714 Tern new get 85... 95
" F W & D C lets... 7S"* Tex & Fac 15t5... .1154
Gen 2;ec os 116 | Do 2ds 54
G H & S A 6* 10* 'Un Pac 4s lOi^i
Do Ids 108 j Wabash lsts Us
I H & T C .'« 11l , Do 2<3«< 1004
I' Do ccm 6? ill | West Shore 4s 112% ,
! lowa Central 15t5. .116 jWls Cent lets - "- . |
iKCPiO lsts.... 72 (Va Centuries »74 I
jLa new con 43 106 j Do deferred 5
L £ N unl 4a mk C & S SS^i j
MINING STOCKS.
j Chollar 4* Ontario 7 0.) i
| Crown Point SO Opblr 103
Con Cal & Va 1 75 Plymouth 13
I Deadwood - 70 Quicksilver 2 CO |
i Gould & Curry 30! Do prefd S M
j Hale & Norcross.. SOiSiorra Nevada..... 85 j
I Homestake 65 00 Standard M !
j Iron Silver 51 Union Con. 44,
Mexican 49 Yellow Jacket *> I
BOSTON STOCKS AND BONDS.
Money— (West End 95
Call loans 4544j Do prefd 113
Time loans 4QX iWestinghs ETlec... 49 j
Stocks — ! Do prefd C 9 |
' Atch T * St F. . 21- W.-s Central 23
' Do prefd, ex dlv. M% Bonds — „-. ••■ .
Amer Sugar 152%, Atehiaon 4? 100
Do preXJ ..11SU' Mining Shares—
| Bel! Tele 3C9 'Adventure 84
f Boston & Albany. 266 jAllouez Mln C 0.... t%
Boston Ele I.- Atlantic 30 ;
j Boston & Maine. ..2oo JBoston & Mont .338 t
Chi B & Q 134%'Butte & Boston CS :
Ed Elec 111 2fb C & Hec. ex d1v.. 805 >
: Fitchburg prefd. ...121 'Centennial 34?;
Gen Electric 121 ' i Franklin 20 i
' Federal Steel f^Humboldt 2»i
I Do prefd SjAiOsoeola M :
: Mexican Cent I*' 1 i '■ Parrot 10
t Mich Tele 100 Quincy U|
i Old Colony 203 St Fe Copper 14
I Old Dominion 32 Tamarack 220
! Rubber 43 iWtnona 104
: U Pacific 45Vii Wolverines 45V* ;
■ Union Land 62 Utah 40
*>_ &
! Associated Banks' Statement.
; 4 . «> !
NEW YORK, Sept. The Financier Bays: J
The surplus reserve of the New York clearing- ;
house banks, to all intents and purposes, was !
j practically wiped out by the operations of the |
I -week ending September 9.
j The city institutions are loaned to the limit
1 and the loss of $10,571,000 cash, which Is an
amount larger than the excess reserve reported
. for the previous week, was made possible only
Iby a heavy contraction In loans. The reduc- j
| tion of over fifteen millions in deposits lessened
i the reserve liability by over three and three- !
! quarter millions, so that despite the tightened j
position In which the banks find themselves j
the situation has been ably met. In many :
ways present monetary conditions are anamo- I
lous. With reserves lower than at any time
since 1593 money here has not exceeded an j
average of 4 per cent, and there seems to be !
'no trouble in securing accommodations. The
' explanation is found in the outside loaning
lat this center. Despite the fall of domestic |
i exchange rates to a point that indicates a \
j continuation of the outward movement New j
York Is being visited regularly by Western j
1 bankers who are Investing their available
I surpluses In giltedged securities or putting '
out idle funds In other directions here. Since
July 1 the New York banks have lost about
i $30 000 000 in cash and they are now facing a
' period when further drains are to be expected.
it stands to reason that the fulfillment of these ;
demands Is impossible unless loans are heavily
i contracted or new supplies are found. The
! logical relief is to be found In gold Imports, j
: which in past seasons have been always looked I
1 forward to. Whether the. same custom will J
I prevail this year cannot be stated, but cir
-1 cumstances certainly favor that prediction. It j
i Is not Impossible that treasury operations may
Ibe adjusted and afford some relief. Looking
! at the situation m a broad light, however. It
is best described as interesting rather than
• critical The country is not suffering from a
■■ lack of funds, even if the New York reserves
do Indicate it. The prosperity of the country
has resulted in a much wider distribution of j
fun's than ever known before and this ex- j
plains In large part New York's exhaustion of
banking surplus to-day.
New York Grain and Produce.
NEW TOF.K. Sept. FLOUR-Recefpts, 19.
--059 barrels; exports. 19. 114. Dull and easy;
winter patents. S3 44<?3 75; winter straights.
13 30«?3 40: -winter extras. $2 40@2 80; winter low
grades. *2 25*53 40; Minnesota patents, $3 Kg*;
Minnesota bakers, $2 9033 26.
WHEAT— Receipts, 105,260 bushels; exports,
"6 «• No 2 red. 74 Vic f. o. b. afloat spot; No. 1
northern Duluth. 7s*ie '• °- *•• afloat to arrive;
Vo f red '"■■■ r elevator. Options opened weak
at l^c decline", influenced br bearish cables nnl
hravy Northwest receipts. The approaching
crop report checked epeculators. The market
whs dull and featureless, closing easy at ■n&hio
, t "line May. 79ST9HC. closed T9Vtc; September.
l^lScT closed 73c; December. 76%©76 c,
Cl iioPS—Dtill : State common to choice, 189«
crop <ie: 1897 crop, nominal: 18SS crop, 10@13c;
Pacific Coast. 1890 crop, 4426 c; ISS7 crop, nomi
nal' IS9S crop. ll@l4c.
' HIDES— Steady; California, 21 to 25 pounds,
1 WOOlj— Steady; domestic fleece, 19@24c;
U'6oi->— Steady; domestic fleeoe, 19<^24c;
T METALS— The brokers' price for lead is $4 40
METAIvS-The brokers' price for lead is U 40
and for copper $18 60.
COFFEE— Options closed steady: sales. 8000
bars , including October, »4 SO; November,
14 33- December, $4 50; January. $4 60; March,
$4 6:^4 70; May, $4 "i'S* 80. Spot coffee, Rio,
THE SAN FRANCISCO CALL, SUNDAY, SEPTEMBER 10, 1399.
dull: No. 7 Rio, 7Uc. No. T Jobbing, 8c; mild,
quiet; Cordova, 6%£114 -
PT'OAR— Raw, easy; fair refining, y%e: cen
trifugal, 96 test. 4»»c; mnlasses sugar. 3 11-lGc:
refined, unsettled; No. 6, 4Hc: No. 7, 4 S-lfc;
Nfo t, <He; No. t, 4 7-lte; No. 10. 4 5-lSc:
No. 11, 4 3-I'V; No. 12, 4»«c: No. 13. 44c;
No. 14. 4U-16c; mold A,'s 9-16 c; standard A,
511-lrtc; confectioners' A. 6 11-I60; cut loaf,
5 11-18 c; crushed, 5 13-16 c; powdered. She: gran
ulated, 5 5-lSc; cub«s, 5 7-16 c.
BUTTER-Receipts, 3579 packages; strong.
rtern creamery, 17U(g2240; June creamery,
■ . •_•-; factory. lS^ll^e.
EGGS— Receipts, 4968 packages: market firm.
Western candled extras at mark, 13@16c.
CALIFORNIA FRUIT SALES.
California dried fruits, quiet.
EVAPORATED APPLES— Common. 74c;
prin.e wire tray, 8^5"84c; choice, 854©9 c;
fancy, I
rnrTTrn i'l#i<
APRICOTS— RoyaI. ll@14c: Moorpark, 14©16 c.
PEACHEs— Unpeeled, 53114 c.
Chicago Grain Market.
CHICAGO, Sept. Wheat opened weak at
a decline of about %g?»c. Receipts of wheat in
the Northwest were much heavier than a week
ago. and Liverpool was lower. The general
! trend of the market has been downward for
i several days, and this sort of news easily put
the balance of trading on the selling side. The
I selling pressure at noon was quite heavy, but
l the demand was *o light that prices declined
1 steadily, weakness being especially marked in
i deferred futures. The market soon got under
! puts, and at that point became steady under
; fair buying against those privileges, but did
: not show signs of any reaction until late in the
session, when the report of the verdict In the
i Dreyfus case was posted and the excitement
lin Pans caused covering by shorts. Buying,
' however, was only sufficient to bring prices
. back to about yesterday's closing point. The
1 market was affected in a bearish way by the
Increase of 150,000 bushels In the European
visible for August, compared with a decrease
last year of T.W0.000 bushels. The big Russian
I stocks, 8,840,000 bushels, also came as a sur
' prise to traders and was responsible for some
1 IlquMatloa. Toward the close the market was
; practically at a standstill. Bearish statistics
' were expected Monday, and with this belief
! traders were disinclined to do much. Decem
: ber opened *«M4c lower at 71^1'sC It de
! clined to 70\wi70Sc and rallied to 71Vic, where
lit closed. September sold as high as iO?4®»0%o
I and closed unchanged at 7i.' l
' Corn was dull and heavy. The market got
i to both dally and weekly puts and had »omo
support on that account. December closed He
i Oats were fairly active and irregular. The
' close was about steady. December closed un- :
Changed and September lost He. 1" / ■ ' r ■
Provisions still showed the effects of the yel- .
! low fever news and ruled slightly lower all
' around. Liquidation took place In all products,
: but the good cash demand for meats caused
■■ some rally late In the session. At the close
October pork and lard were 2^c lower and ribs
! a shade lower.
The leading future* ranged as follows:
Artie Open. High. Low. Close.
Wheat No. 1— 70* 70% ■» „,.
p^ig:: 7W4 70% S3 JBj
n be.- «8 n% 70\ 71J4
Hay 74-, 74^ 73", UH
September...7 ..... 31% 31% 31* 31%
(December 2*4 2*4 »J4 ; ? >
May .29% 29% 29 .4 23*
Oats No. 2— 2Hi 21S 21 «ft
September JHi 21H »
December 204 204 20H 204
; May 22 22V» 21% 22h»
i Mess Pork, per barrel—
October 5074 8 074 8 024 805 :
December 820 . S 224 815 820
! January 9 474 9 £24 9 4.4 9 524
I Lard, per 100 pounds
-1 October 5 274 5 274 525 5 274
December 535 535 5 324 535
January 5 424 645 6 424 a4o
Short Ribs, per 100 pounds—
October 5 274 530 620 523
January 4 974 4 974 495 4 974
Cash quotations were as follows: ;
Flour steady; winter patents, $3 50^3 CO; [
straights »S 10©3 30; spring specials, H 20;
spring patents. $3 40^3 70: straights. J2 80©
j 3 "0- bakers' 12 : •: - 60; No. 3 spring wheat. ,
65«f6Sc; No. 2 red. 72c: No. 2 corn, 31»,4c-; No.
, 2 oats 21*i$2!c: No. 2 white, 23H@234c; No. ,
3 white 22«Siff234c: No. 2 rye. 6«%^57^4c; No.
! 2 barley, 26v.g42c: No. 1 flaxseed, II 11: prime
timothy Feed. $2 2.'t}2 274: mess pork, per bar
: rel $7 25<JjS 05: lard, per 100 pounds, $5 05®5 30;
short ribs sides (loose). $3 25@5 to; dry salted
shoulders (boxed), 15 624'g0 75; short clear
: Fides (boxed), S3 80©5 70; whisky, distillers'
! finished goods, per gallon. »1 22: sugars, cut
! loaf, 5.*5 c; granulated. 6.31 c.
Articles— Receipts. Shipments.
Flour, barrels 16.000 10.000
' Wheat bushels 125,000 29.000
Corn, bushels T«.00O 667.0.--}
Oats, bushels 467.000 425,000
I Rye bushels 12.0-10 1,000,
] Barley, bushels 51.0-30 ' 2.00Q
i On the Produce Exchange to-day the Butter
! market was firm; creamery, 16<g20c; dairy, 13 it
i 17c. Cheese, firm, 10%@114c. Eggs, firm;
fresh, 14@144c.
Exports of Specie.
' NEW YORK. Sept. 9.— The exports of gold
and silver from this port to all countries for
this week aggregates $871. '93 sliver bars and |
coins and *«.'»» gold. -The Imports of specie
j this week were $60,467 gold and $69,313 silver. !
The imports of dry goods, and merchandise at :
j the port of New York for this week were
valued at $>,SM,&G4.
Cash in the Treasury.
; WASHINGTON. Sept. To-day's statement \
: of the condition of the treasury shows: Avail
' able cash balance, $251,867.i>42; gold reserve,
; J2i3.900.551.
Eastern Livestock Market.
CHICAGO.
CHICAGO, Sept. 9.— CATTLE— There were
' not enough cattle offered to-day to make a
I market, and prices for all grades were practi-
I cally nominal. The few cattle offered were
disposed of at yesterday's ruling prices.
HOGS — The demand for the light run of hogs !
was brisk, and price* were steady. Heavy
boga 54 20@4 80: mixed lots, $4 35f?4 75: light,
$4 3?.i?i4 75; pigs, $3 SOO4 50: culls. J2-g4 13.
SHEEP — was a fair demand for slfeep !
i and lambs at the recent advances In prices. I
Fheep sold at X*73 for culls up to J4 25@4 50 for !
choice flocks. western rangers selling at $3 500 :
4 25; lambs, $3 15#6 30 for native* and $4 SO®
'. 5 30 for Western rang* flocks.
i Receipts—Cattle, 3«0; hog«, 12,000; sheep,
i 4000.
Northern Wheat Market.
OREGON.
PORTLAND, Sept. 9.— Wheat quiet, the mills
b"!nis about the only buyer* who can operate
at present prices. Walla Walla, s&c; VaP.ey,
60&61 c; Bluestem. Be
WASHINGTON.
TACOMA. Sept. I.— The close of the week
found wh«at dull and unchanged, local quota
tions ruling at 58c for Club, 61c for Blueetem.
Portland's Business.
PORTLAND. Or, Sept. 9. -Clearings, $243,714;
balances, $€5.563.
Forctgn Markets.
LONDON. Sept. 9.— Silver, *7!-l<!d: French
rentes, lOOf 60cgl00f 70c; wheat cargoes off
coast, nominal, unchanged; cargoes on passage,
sellers Indifferent operators; English country
market, nothing doing: Indian shipments of
wheat to United Kingdom. 3000 centals; Indian
shipments of wheat to Continent, 19,000 centals.
LIVERPOOL, Sept. 9.— Wheat dull; No. 1
standard, California, 6s 4dg€s Id; wheat In
Paris, steady; flour in Paris, steady.
CLOSING.
WHEAT-*-Srot, dull: No. 2 red Western win
ter, os 84d; No. 1 northern spring. 6s Id? No.
1 California, to 4<i'gSs Id. Futures— Dull, Sep
tember, &s 9d; December, 6s IVid; March,
68 lf&d.
CORN— Spot, quiet. American mixed, new
and old, Ss sd. Futures Quiet; September, 3s
4^d; October. 3s »*sid ; November. 3s 64d.
FLOUR— St. Louis fancy winter, firm, 7s 9d.
Sun, Moon and Tide.
United States Coast and Geodetic Survey-
Time* and Heights of High and Low
Waters at Fort Point, entrance to San
Francisco Bay. Published by official au
thority of the Superintendent.
NOTE— Tht high and low waters occur at
the city front (Mission-street wharf) about
twenty-five minutes later than at Fort Point;
the height of tide is the same at both places.
SUNDAY. SEPTEMBER 10.
Sun rises 5:47
Sun sets .....6:25
Moon sets 9.06 p. m.
"" 0 Time Time Time ITlmel
£ ■ Ft. 1 Ft. Ft. I 1 Ft.
• ,H W LW HWLW
10 .. 3:101 4.2! 8:081 2.5 2:20 5.5 9:26 0.3
11 ... 4:24 4.0 8:65 2.9 3:061 6.5 10:30 0.2
12 ... 6:40 4.8 1:59 3.1 4:0« 6.6 11:35 0.2
13 ... 6:59! 4.2; 11:18 8.1 5:18 5.4 .-.
l wl H w L" w| - H W -
14 ... 0:36: 0.0 7:591 4.5 12:35 3.0 6:30 6.4
15 .. 1:36-0.1 8:45 4.8 1:40 2.7 7:40! 5.5
16 .. i:2»l— 8:25 5.1 2:*»l 2.1 -8:46 5.6
17 ... 3:19 0.0 10:03 5.4 3:30 1.5 8:45 5.7
NOTE— In the above exposition of the tides
the early morning tides are given in the left
hand column and the successive tides of the
day In the order of occurrence as to time. The
second time column gives the second tide of
the day, the third time column the third tide
end the last or right hand column gives the
last tide of the day, except when there are but j
three tides, as sometimes occur. The heights
given are addition to the soundings on the !
United States Crast Survey charts, except |
when a minus sign (— ) precedes the height,
and then the number given Is Subtracted from
the depth given by the charts. The plane of
reference is the mean of the lower low waters.
Steamer Movements.
TO ARRIVE.
Steamer. I From. J Due.
Homer 1st. Michael Sep. 10
San Juan.-. Panama Sep. 10
B. Hern«ter.... Coquille River Sep. 10
Empire Coos Bay Sep. 10
City of Rio J.. China and Japan Sep. 10
Robt. Adamson Nanaimo Sep. 10
Progreso Seattle Sep. 10
Bertha St. Michael Sep. 11
Coos Bay Newport Sep. 11
Crescent City... Crescent City Sep. 11
Washtenaw .... Tacoma Sep. 11
Brunswick Oregon Ports Sep. 12
A. Blanchard...; Coos Bay Sep. 12
State of Cal.... Portland Sep. 12
i Australia Honolulu Sep. 12
! Weeott Humboldt Sep. 12
i Miami .Seattle Sep. 13
Corona San Diego Sep. 13
: Areata Coos Bay Sep. 13
North Fork Humboldt Sep. 14
Queen ..'. Victoria & Puget Sound Sep. 14
] Samoa - Humboldt Sep. 14
Point Arena. .-i Point Arena Sep. 15
Bonlta San Pedro Sep. 15
! Columbia Portland Sep. 17
TO SAIL.
1 Steamer, ! Destination. I Sails. I Pier.
i Columbia ..IPortland...... Sep. 10, 10 am! Pier 24
Samoa 'Humboldt | Sep. 10. 10 am Pier 3
: Pomona. •■•• Humboldt Sep. 11, 2 Pier 9
■ Point Arena Point Arena.. Sep. 11, 2 Pier 2
] Santa Rosa San Diego (Sep. 11, 11 am Pier 11
Nip China& Japan S<*p. 12, 1 pm PMSS
j Homer ,Cape Nome. .'Sep. 12 Pier 16
! A Blanch' d i Oregon Ports. Sep. 13, 10 am Pier 13
Coos Bay... Newport Sep. 13, 9 am Pier 11
' Umatilla ... Vic & Pgt Sd. Sep. 13, 10 am. Pier 0
j Brunswick Oregon Ports. (Sep. 14, 10 am Pier 20
State Cal... Portland Sep. 15, 10 am j Pier 24
| Corona San Diego Sep. 15, 11 am Pier 11
Areata Coos Bay Sep. 15, 4 pm Pier 13
Weeott Humboldt ' Sep. 18, 2 pm Pier 13
San Juan... 'Panama Sep. 18, 12 m PMSS
Queen Vie & Pgt Sd. Sep. IS. 10 am Pier 9
Shipping Intelligence.
ARRIVED.
Saturday, September 9.
Star Pomona, Shea, I*4 hours from E-ureka.
Ship America, Harding, 13 days' from Prince
William Sound.
gtmr Whlteeboro, Olsen, 13 hours from Point
Ar Da.
Stmr Santa Rosa, Alexande, 61 hours -from
San Diego, etc.
S'n.r K;vai, VVaivig-, 46 hours from Coos Bay.
Stmr Cleone, Higgins. 21 hours from Little
River, via Albion 20 hours.
Stmr President, Nelson. 124 days from Bris
tol Buy, via Karluk S days.
Stmr Umatllla, Couslns fc 604 hours from Vic
toria and I'uget Sound ports.
Stmr Greenwood. Fagerlund, 14 hours from
Greenwood, bound to Port Lob Angeles; put in
to land passenrers.
Stmr Empire, Nelson, 504 hours from Coos
Bay.
btmr Alex Duncan, Gielow, 44 hours from
rt.
Ship Oriental, Parker, 25 days from Bristol
Bay. via Unlrr.ak I'ass 15 days.
Schr Western Home, Daerwerlti, 5 days from
Scbr Dewey, Echmalling, 20 hours from Al
bion.
Schr Berwick, Ostlin, 6 days from Coquille
RlV€r - SAILED.
Saturday, September 9.
Stmr Bonita, Ntcolson, San Pedro.
Ptmr North Pork, Bash, Eureka.
Stmr Greenwood. Faeerlund, Port Los An
gelea.
Stmr E>el Ncrte, Allen. .
STATEMENT
OF THE
CONDITION AND AFFAIRS
OF THE
NATIONAL STANDARD
INSURANCE COMPANY
OF NEW YORK. IN THE STATE OF NEW !
York, on the 31st day of December, A. D.
1898, and for the year ending on that day, as
made to the Insurance Commissioner of the j
State of California, pursuant to the provisions ',
! of Sections 610 and 611 of the Political Code, j
! condensed as per blank furnished by the Com- :
! missioner:
CAPITAL.
Amount of Capital Stock, paid up la
Cash $200,000 00
ASSETS.
Real Estate owned by Company
I Loans on Bonds and Mortgages
Cash Market Value of all Stocks
I and Bonds owned by Company — $546,000 00,
I Amount of Loans secured by pledge
I of Bonds. Stocks and other mar-
ketable securities as collateral....
Cash In Company's Office
Cash in Banks 13,908 52
Interest due and accrued on all
Stocks and Loans 3,104 17 !
Interest due and accrued on Bonds
j and Mortgages
Premiums in due Course of Collec-
tion 86.332 03
Bills receivable, not Matured, taken
" for Fire and Marine Risks
Rents due and accrued. Internal
Revenue Stamps 20 04
Due from other Companies for Rein-
surance on losses already paid
Total assets $595,364 52
LIABILITIES.
Losses adjusted and unpaid $4.715 00
Losses In process of Adjustment or
in Suspense 23,066 00
; Losses resisted. Including expenses. 4,330 00
Gross premiums on Fire Risks run-
ning one year or less. $134,0*5 00;
reinsurance 50 per cent 87,033 00
Gross premiums on Fire Risks run-
ning more than one year, $34,631 57;
reinsurance pro rata 24.053 60
Gross premiums on Marine and In-
land Navigation Risks, $ ;
reinsurance 50 per cent 15.559 55 •
I Gross premiums on Marine Time
Risks. $ ; reinsurance 50
per cent 17,786 41
All other demands against the
Company
Total liabilities $156, 58 I
INCOME.
Net Cash actually received for Fire
premiums $167,594 €7
Net Cash actually received for
Marine premiums 6,634 97;
j Received for Interest on Bonds and
Mortgages
I Received for Interest and dividends
i on Bonds, Stocks, Loans and from
I nil other sources 18.95S 81 i
1 Received for profit on sale of Bonds 639 M ;
Total Income \ $193.655 65
EXPENDITURES.
Net amount paid for Fire Losses
: (Including $ . losses of pre-
-1 vious years) $169,557 07
Net amount paid for Marine Losses,
(Including $ . losses of pre-
vious years) 20,301 72
Dividends to Stockholders • 24.000 00
Paid or allowed for Commission or
Brokerage 69,378 06 !
Paid for Salaries. Fees and other
charges for officers clerk», etc.... 3,155 00
Paid for State, National and local
taxes • 8.253 88
I All other payments and expenditures 2,343 23
Total expenditures $256.999 01 i
Losses Incurred during the year $132,773 87
Risks and Premiums. IFire Risks. | Premiums.
Net amount of Risks j
written during the
year $34,370.183 00 $306.49143
Net amount of . Risks
' expired during the]
: year | 46.249.031 405.597 10 j
: Net amount In force
December 31. 1898.... 16.526.034 00 163,697 58
Risks and Premiums. [Mar. Risks, j Premiums.
Net amount of Risks
written during the
year • •- $654.864 00 $25,956 62
' Net amount of Risks •
expired during the
year 1.570.909 00 66.247 19
Net amount in force
December 31. 1595.... 425,830 00 15,559 55
• EC. CONVERSE, Prest. *' :-* ~
R. BLEECKER RATHBONE. Secy.
Subscribed and sworn to before m«, this 25th
day of January. 1899.
GEO. O. RUGER. Notary Public.
WINFIELD S. DAVIS,
GENERAL AGENT,
215SANSOMEST.,
SAN FRANCISCO.
TELEPHONE iY\f\ lN 5968
Stmr Xoyo, Johnson. Fort Bragg-
Nor stmr Titania, Egenes, Nanalmo.
Pchr Maxim. Olsen. .
Schr Amethyst. Zimmerman. Til'.axnooK.
Schr Lizzie Prien. Hansen. Coquille River.
TELEGRAPHIC.
POINT LOBO6. Sent 9. 10 o m— Weather
thick; wind BW; velocity S miles.
DOMESTIC PORTB.
GRAYS HARBOR— Saiied Sept S— Schr Lette
tia, for San I'edr •>.
Arrived Sem S— Schr Ida Schnauer. from
Santa Rosalia; schr Guide, hence Auj 25; schr
Alcaide, from San Pedro.
NEWPORT fS)— Arrived Sept 9— Stmr Se
quoia, from Fort Bragg.
PORT ROSS— Sailed Sept 9— Schr Mary C. for
San Francisco.
PORT LUDLOW-Sailed Sept 9— Schr Queen,
far San Francisco; schr Defender, for San
Francisco. _
Arrived Sept J-Haw ship Euterpe, from Port
Townsend. _ ,
Port TOWNSEND — Sailed Sept 9— Bark
Northern Lieht, for Newport (S).
Arrived Sept 9— Br ship Alice A Leigh, from
Yokohama.
In port Sept »-Bktn Klikltat. from Port Lud
low. fur Honolulu.
PORT GAMBLE— Sailed Sept 9— Schr Endea
vor, for Honolulu.
ASTORlA— Arrived Sept »— Btmr Webfoot,
hence Aub 27.
Sailed Sept 9— Stmr Brunswick, for San Fnn
clsco.
VENTT'RA— SaiIed Sept 9— Stmr San Pedro,
for an Francisco.
GRAYS HARBOR-Salled Fept &— Stmr Co
quillo River for San Francisco.
BAN I'El'R'")— Arrived Sept S— Stmr Alcazar,
from Port Los Angeles. Sept 9— Schr Alice,
from Eureka; stmr Sunol, from LMtt!e River.
Sailed Bept 9— Stmr Alcazar, for San Fran
elsco; sttrr for San Diego.
RO<'K PoßT— Arrived Sept 9— Stmr Navarro,
hence Sort 8.
O >OS BAY— Sailed Berrt 9— Sttnr Ruth, for
San Francisco.
Arrived Sept 9— Schr Gotama, hence Aug 31:
schr Gem. h^nce Aug 30.
CASPAR— SaiIed Sept 9— Schr Abble. for Re-
EUREKA- Sailed Sopt S— Tug Rescue, for San
Francisco, with two barges In tow.
EASTERN PORTS.
DELAWARE BREAKWATER— Passed up
Sept B— Shir 1 A J Fuller, from Hilo.
NORFOLK-Saiied Sept S— ShiD Henry B
Hyde, Tor .
FOREIGN PORTS.
SYTJNEY-Arrived prior Sept g— Schr Oceania
Vance, from Eureka.
PANAMA— In port Aug 19— Ger »hlp Alde
baran, for Oregon.
ANTWERP- Sailed Sept 6— Br ship Simoena,
for San Francisco.
NEWCASTLE, NSW-Sailed Sept 7-Br bark
Lynton. for San Francisco.
TP.ANSATLANTIC STEAMERS.
NEW York— Arrived Sect 9— Stmr Thlng
valla. from Stettin.
Saiied Pert D— Stmr Palatia, for Hamburg;
stmr Camcania. fur Liverpool; stmr Manitou,
for Lon'l>n; ?tmr I* ChamraKne, for Havre:
stmr Statendam, for Rotterdam, via Boulogne;
sfmr Em.--, tot Naples, etc; stmr City of Rome,
for QIMBOW.
HONGKONG— Arrived previously Sept »—
Stmr Gaelic, from San Francisco.
ANTWKRP-Arrived Sept 9— Stmr Fnesland.
from New York.
LIVERPOOL— Arrived Sept 9— Stmr Taurlc,
from New York.
BOSTON — Arrived Sept 9— Stmr Pavonia.
from Liverpool; stmr Derbyshire, from Liver
r---'i.
Three Thousand Words a Minute.
The rapid system of telegraphy invented
lv i 'rehore and Squire was recently tried
between Fort Myer. Va., and the War De
partmt-iit. Washington. In an hour 120,
--000 w ■ rds were telegraphed, that i? to
Bay, 8000 words a minute. The system has
dorrr S'.ivi words a minute through the
comparatively short cable irom Casno to
New York.
■ ♦ »
Taken at Her Word.
"Mrs. F. J. Gillington-Giggs is awfully
mail at the newspapers; she says they
tr---;up<l her so shabbily.
"Did they? Such a prominent society
woman, too."
"Yes; she tod them they must not say
anything abrjt her reception, and they
didn't."— Philadelphia Bulletin.
STATEMENT
—OF THE—
CONDITION AND AFFAIRS
OF THE
ASSURANCE COMPANY
OF AMERICA
OF NEW YORK, IN THE STATE OF
New York, -on the 3!st day of December,
A. D. IS9B, and for the year ending on that
day, as made to the Insurance Commissioner
of the State ■of California, pursuant to the
provisions of sections 610 and 611 of the Politi-
cal Code, condensed as p*r blank furnished
by the Commissioner.
CAPITAL.
Amount of Capital Stock, paid up
In Cash $200.000 00
ASSETS.
Real Estate owned by Company....
Loan 3 on Bonds and Mortgages....
Cash Market Value of all Stock and
Bonds owned by Company $507,000 00
Amount of Loans secure! by pledge
of Bonds. Stocks and oth»r mar-
ketable securities as collateral
Cash in Company's Office
Cash in Banks 46,405 82
Interest due and accrued on all
Stocks and Loans 4.20S 33
Interest due and accrued on Bonds
and Mortgages
Premiums in due Course of Collec-
tion 36.552 63
Bills receivable, not Matured, taken
for Fire and Marine Risks, In- :
ternal Revenue Stamps 24 35
Rents due and accrued
Due from other Companies for Re-
insurance on losses already paid..
Total assets $594,221 U
LIABILITIES.
Losses adjusted and unpaid $8,24100
Losses In process of Adjustment or In
Suspense 24,235 00
Losses resisted, including expenses.. 250 00
Gross premiums on Fire Risks Run- - : -r."-,y .
ning one year or less. $172,462 90;
reinsurance m) per cent 86,231 45
Gross premiums on Fire Risks Run-
ning more than one year, $43. US 77;
reinsurance pro rata 29,842 5$
Grnss premiums on Marine and In-
land Naviratlon Risks, $6385 76; re-
insurance 100 per cent 6,305 76
Gross premiums on Marine Time
Risks, ; reinsurance 50 p*r
cent
All other demands against the Com-
pany 19,373 23
Total liabilities $172,479 02
INCOME.
Net Cash actually received for Fire
premiums $157,245 84
Net Cash actually • received for
Marine premiums 6,634 PS
Received for interest on Bonds and
Mortgage
Received for interest and dividends
on Bonds, Stocks. Loans and from
all other sources 23,112 43
Received for Rents
Total Income ■■ $186,934 23
EXPENDITURES.
Net amount paid for Fire Losses
(including $ . losses of pre-
vious years) $134,808 14
Net amount paid for Marine Losses
(Including — ; , losses of pre-
vious years) 14.905 27
Dividends to Stockholders 30,000 00
Paid or allowed for Commission or
- Brokerage 62,534 43
Paid for Salaries, Fees and other
charges for officers, clerks, etc.... 475 00
Paid for State. National and local
taxes 6.579 SO
All other payments and expenditures 2,961 20
Total expenditures.. $265,563 84
Fire. Marine.
Losses Incurred during
the year $141,024 14 $21.504 27
Risks and Premiums. j Fire Risks. j Premiums.
Net amount of Risks
written during - the
year $38,833,597 00 $344,312 12
Net amount of Risks ,
expired during the
year -. 60,884,635 00 ! 441.353 38
Net amount In force
December 31. 1595.... 1 21,655.109 00 215.881 «7
Risks and Premiums Mar. Risks. 'Premium!.
Net amount of Risks •
written during the
year $327,117 00 $13,352 88
Net amount of Risks
expired during the
year ! 923.79100 53. 125 06
•■Jet amount in force
December 31. 1595.... 143,036 00 6.306 76 "
ROBERT C. RATHBONE. Prest.
R. BLEEKER RATHBONE, Secy.
Subscribed and sworn to before me, this
27th day of January. 1599.
GEO. O. RLGER. Notary Public
WINFIELD S. DAVIS,
GENERAL AGENT,
:213 SANSOMEST.,
BAN FRANCISCO.
TELEPHONE MAIN 5968
ADVEBTISEMENTS.
UNITED STATES BRANCH.
STATEMENT
OF THE
CONDITION AND AFFAIRS
OF THE
WESTERN |
ASSURANCE COMPANY
OF TORONTO. IN THE DOMINION OF
Canada, on the 31st day cf December, A.
D. IS9B, and for the year ending on that day,
as made to the Insurance Commissioner of th« •
State cf California, pursuant to the provisions j
I of Sections 618 and €11 of the Political Code,
! condensed as per blank furnished by the Com-
missioner. .
CAPITAL.
Amount of Capital Stock, paid up
in Cash
ASSETS.
| Real Estate owned by Company
i Loans on Bonds and Mortgages 820.000 00
Cash Market Value of all Stocks
i and. Bonds owned by Company 1,263,140 15
Amount of Loans secured by pledge
of Bonds. Stocks and other mar-
ketable securities as collateral —
I Cash In Company's Office 113 33
: Cash In Banks 181,299 66
i Interest due and accrued on all
i Stocks and Loans
j Interest due and accrued on Bonds
i and Mortgages — ;...;.". .'....
} Premiums In due Course of Collection 202,958 03
Bills receivable, not matured, taken
for Fire and Marine Risks 47,309 78
Rents due and accrued
Due from other companies for re-
insurance on losses already paid..
Total Assets ..81,684.870 89
LIABILITIES. ~
Losses adjusted and unpaid 882,697 64!
Losses In process of Adjustment or
in Suspense 68,325 64
Losses resisted. Including expenses... 14,049 16
Gross premiums on Fire Risks run- 1
ning one year or less, |5i3.630 00;
reinsurance 50 per cent 474.815 00
{ Gross premiums on Fire Risks run-
ning DON than on year, 8638, S3
reinsurance pro rata „.. 342,145 11
Gross premiums on Marine and In-
land Navigation Risks. 850,877 21;
reinsurance 100 per cent 60,877 21
Gross premiums on Marine Time
Risks, $17,296 21; reinsurance 50 per
cent 8,84810
Commissions and Brokerage due and
to become due 30,954 23
Total Liabilities ..31.074.51170
INCOME.
Net Cash actually received for Fire
premiums : $1,380. 686 51
Net Cash actually received for Ma-
rine premiums 280,570 OS
' Received for Interest on Bonds and
Montages 8.11« 23
Received for interest and dividends
| on Bonds, Stocks, Loans and from
I all other sources 48,598 63
! Received for Rents ." j
Total Income ..31.7Q*.8» 85 i
EXPENDITURES. — ~
', Net amount paid for Fire Losses (In-
cluding 3 losses of pre-
vious years) 8888,147 55
Net amount paid for Marine Losses
including $ , losses of pre-
vious years i 246.E98 61
Dividends to Stockholders
Paid or allowed for Commission or
Brokerage 308,257 56 i
; Paid for Salaries, Fees and other
charges for officers, clerks, -etc 61,858 00
i Paid for State, National and local
taxes 48.48124
All other payments and expenditures 146,582 86
Total Expenditures .31.685. 905 82 i
Loews incurred during the year, . .8847,378 77 j
Losses incurred during the year, ma-
rine 269,305 14
Risks and Premiums. iFire Risks. J Premiums.
Net amount of Risks
i ■written during the
year 8162,181,141 81.728,599 25
Net amount of Risks
expired during the
year , 140.744.979 L 787 .669 50
i Net amount in force!
December 31. IK'S...! 160.065.449 1.591.712 53
i Risks and Premiums. (Mar. Risks. Premiums.
! Net amount of Risks
written during the
year j 835,874,054 8306,57123
• Net amount of Risks;
expired - during the »
year ...„ 86,913,877; 817,524 08
Net amount In force
December 31. 1555..... 4.128,465 , 68.173 48
~™ 3. 3. KENNY. Vlc« President.
C. C. FOSTER. Secretary.
Subscribed and sworn to before me this 24th
day of January. 1599.
V,'. B. RAYMOND. Notary Public
DAVIS & WATSON, |
GEISBRAL AGENTS,
322 PINE STREET,
SAN FRANCISCO. CAL.
STATEMENT
OF THE
CONDITION AND AFFAIRS
OF THE
MAGDEBURG FIRE
INSURANCE COMPANY
OF MAGDEBURG, IN THE EMPIRE OF
Germany, on the 31st day of December, A.
D 1898, and for the year ending on that day,
as made to the Insurance Commissioner of the
State of California, pursuant to the provisions
of sections 610 and 611 of the Political Code,
condensed as per blank furnished by the Com-
missioner:
CAPITAL.
Amount of Capital stock, paid up In
Cash 8750,000 00
ASSETS.
Real Estate owned by Company ,^JJ? "
Loans on Bonds and Mortgages 1.211,031 33
' Cash Market Value of all Stocks _n3
Bonds owned by Company 1,1j8,459 II
Amount of Loans secured by pledge
: or Bonds. Stocks and other market-
able securities as collateral 78.750 00
Cash In Company's Office 1*.»8 H
Cash in Banks 22*«4 79
i Interest due and accrued on all
| Stocks and Loans IT.V"* I.8i« 6«
Premiums in due Course of Collec-
■■ tj on •• •.••• 182.814 «
Due from other companies for rein- *
Burance 607.327 64
Total Assets 85.108.481 43
LIABILITIES
Losses in process of Adjustment or _
In Suspense 539,529 78
Gross premiums on Fire Risks run-
ning one - ear or less. 8 ; •
reinsurance SO per cent 1.598,239 71
Gross premiums on Fire Risks run-
■ ning more than one year. $ : _.___.
reinsurance pro rata. 274.555 77
! Cash dividends remaining unpaid.... 2.900 00
All other demands against the Com-
, pany 216.317 75
Total Liabilities 82.631.543 08
INCOME.
i Net Cash actually received for Fire
premiums • 8».8«.1J5 72 t
I Received for intend on Bonds and
Mortgages ••••••••■■••;• 47.280 IS
! Received for interest and dividends
on Bonds. Stocks. Loans and from '
all other sources.. 89.739 54
Received from all other sources 68.385 18
Total Income 84,023.530 60 |
EXPENDITURES.
Net amount paid for Fire Losses (In-
cluding $Sin.l9o 98. losses of pre-
vious years) 82, 594, 78
: Dividends to Stockholders 312.500 00
'. Paid or allowed for Commission or
Brokerage .". -.■•- '769.774 14
1 Paid for Salaries. Fees and other
charges for of fleers, clerks, etc.... 212.249 6« j
1 Paid for State. National and local
j taxes - 75.13188!
! All other payments and expendi-
! tures 143.905 M
* Total Expenditures 34.108.168 30
Losses Incurred during the year, f1re.82.594.606 78
EMIL F. MIETHKE. Vice President.
RUDOLF BERNDT. Secretary.
Subscribed and sworn to before me this 7th
day of April, 1839.
HENRY M. DIEDERICH. U. S. Consul at
Magdeburg. j '>yyv^
GUTTE & FRANK,
MANAGERS.
PACIFIC COAST DEPARTMENT;
303 CALIFORNIA ST.,
BAN FRANCISCO. CAL. j
ADVERTISEMENTS.
UNITED STATES BRANCH.
ATE/WENT
OF THE
CONDITION AND AFFAIRS
OF THE
| TRANSATLANTIC FIRE
INSURANCE COMPANY
OF HAMBURG. GERMANY, ON THE 313T
day of December, A. D. I*9B. and for th«
year ending on that day. as made to the In-
! surance Commissioner of the State of Califor-
: nia, pursuant to the provisions of sections 610
and 611 of the Political Code, condensed as per
blank furnished by the Commissioner.
CAPITAL.
Amount of Capital Stock, paid up In
Cash
- ASSETS.
Real Estate owned by Company.....
Leans on Bonds and Mortgages
Cash market value of all stocks and
bonds s owned by company 8627, 05S ft
! Amount of Loans secured by pledge
! of Bonds. Stocks and other mar-
i ketable securities as collateral....
j Cash in company's office 1.887 11
Cash in banks U. 787 85
: Certificates of deposits in hands of
United States Trustees 18.412 70
Interest • d-ne and accrued on bonds
and stocks 10.007 it
Premiums in due course of collection.. 74.#13 43
Bills receivable, not Matured, taken .
for Fire and Marine Risks
' Rents due and accrued
Due from other Companies for re-
insurance on losses already paid...
Total assets ...8781.i«l 73
LIABILITIES.
Losses adjusted and unpaid 8 1,828 M
Losses in process of adjustment or In
j suspense 18-.421 OJ
I Losses resisted. including expenses.... 6.112 M
Gross premiums on fire risks running
one year or lees, 8877, SIS 99; rein-
1 euranee 50 per cent 138,960 M
! Gross premiums on fire risks running
more than one year, 8212. 319 43; re-
insurance pro rata 155,271 48,
Gross premiums on Marine and la-
land Navigation Risks, — ■ ;
reinsurance 100 per cent.....
Gross premiums on Marine Tim*
Risks, 8 ; reinsurance 50
per cent ■
Total liabilities ...,8»?2,293 «4
INCOME.
Net cash actually received for *>• „__ —
premiums |54*,7t1 a
Net Cash actually received for
Marine premiums
Received for Interest on Bonds and
Mortgages •
Received for Interest and dividends oa
I bonds, stocks, loans, and from ail
! other sources tr-?H '5
Received from ail other sources H. 805 45
Total Income .68M,295_71
EXPENDITURE*.
Net amount paid for fire losses (In-
cluding I losses of previous
years) $322,438 «
Net amount paid for Marine Losses
(Including 8 , losses of pre-
vious years)
Dividends to Stockholders
Paid or allowed for commisiion or •
brokerage •••- 143.408 ta
Paid for salaries, fees and other
charges for officers, clerks, etc 81,453 18
! Paid for State, national and local
l taxes 9,212 19
■ All otjer payments and expenditures.. 44,389 88
Total expenditures .8550.902 08
! Losses Incurred during the year, fire. .3329.528 49
I Risks an! Premiums. .Fire Risks. ' Prerp'Tima.
j Net amount of risks]
:ear ten .. dUrinK .. the : 866.608,654" *71».04S 77
Net amount of ' risks .
V^mount^forcei "- 2 * 511 ™ ** "
" December 31. 1398 i 80.716.122 590.259 42
ADOLPH LOEB. U. S. Manager.
Subscribed and sworn to before me this 26U»
day of A^iw-^ FOOTE, Notary PuWlc
PACIFIC DEPARTMENT!
218 SANSOME STREET,
BAN FRANCISCO. CAfc.
V. CAIUS DRIfFIELD, Manager
H. DANKER, Assistant Manager.
STATEMENT
— THE— — ':
CONDITION AND AFFAIRS
' OF THE
STANDARD MARINE
INSURANCE COMPANY, LIMITED,
OF LIVERPOOL. ENGLAND, ON THE SIST
day of December. A. D. IS9B, and for tha
year ending on that day, as made. to the In-
surance Commissioner of the State of Califor-
nia pursuant to the Provisions of Sections 610
and 611 of the Political Code, condensed .as
per blank furnished by the Commissioner: .
CAPITAL. v •'''
Amount of Capital Stock, paM op la
Cash • 8800,000 00
ASSETS. ~~
Cash Market Value of all Stocks and _
Bonds owned by Company ...41.241.C56 00
Amount of Loans secured by pled*»
of Bonds. Stocks and other market-
able securities as collateral 4.000 M
Cash in Banks.... •- •- 184,724 00
Interest due and accrued on all
Stocks and Loans.. ■■■■ . 14,106 W
Premiums In due Course of Collec-
Uon 138,335 00
Bills receivable, not Matured, taken
for Fire and Marine Risks 7.81J 00
Stamps on hand 1.032 00
Total Assets ...31,»41.1O1 00
LIABILITIES.
Losses In process of Adjustment <«_„.•„
in Suspense .••■- ■•••■-■ 8209.150 M
Gross premiums on Marine and In-
land Navigation Risks. 8 ;
reinsurance 100 per cent 144,675 M
j All other demands against the Com-
pany •• Z7.062 M
Total Liabilities 8380.777 00
INCOME.
Net Cash actually received for Ma- •
rine premium? ;:■.;■ 8518,185 °°
Received for Interest and dividends
on Bonds, Stocks. Loans and from ■<-.■■£. -
all other sources 87,551 00
Total Income • 8555.736 00
EXPENDITURES. •
N>t amount paid for Marine Losses. 8418.726 00.
Dividends" to Stockholders 50.000 09
i Paid for Salaries. Fees and other
I charges for officer*, clerks, etc.... W. 546 90
Paid for State. National ana local ..,_,-
taxes - •• •;• 6,996 10
All other payments and expend!-
tures » zz. on
Total Expenditures 8516.795 00
i . Marine.
Losses Incurred during the year 8462,351 00
Risks ana Premiums. Mar. Risks. j Premiums.
Net amount of 'Risks
Un ....^ a .L. tb . e 879.583.845 8468.102 00
Net amount of Risks ■>./:
I year"^...^""..^; 80.886.195 472.922 »
December 81. 1998. ...| 8.183.615 144.575 00
J. WILLIAMSON. President.
JOHN GICK. Secretary.
Subscribed and sworn to before me this id
day of February, 1593. W. J. SULI3.
j day of February. 1S». U. B, Vies Consul.
J. D. SPRECKELS BROS. CO.,
GENERAL- AGENTS,
J. B. F. DAVIS & SON, MANAGERS,
215 SANSOME ST.,
SAN FRANCISCO. CAL.
| TELEPHONE MAIN S9QB.
| Weak Men and Women
SHOULD USE DAMIANA BITTERS, THE!
great Mexican remedy; give* health an 4
I •trengta to ihuiJ organ*. Depot. 838 Market.
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