OCR Interpretation


The San Francisco call. (San Francisco [Calif.]) 1895-1913, October 10, 1912, Image 20

Image and text provided by University of California, Riverside; Riverside, CA

Persistent link: http://chroniclingamerica.loc.gov/lccn/sn85066387/1912-10-10/ed-1/seq-20/

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16
COMMERCIAL AND FINANCIAL NEWS SPECIALLY REPORTED FOR THE CALL
SUGAR COMPANY TO
DOUBLE ITS ISSUE
Of Three Million in Twenty Year
Bonds Half Will Be Sold
at Present
Associated Oil Stock Falls to
$44 Again, 150 Shares
Changing Hands
RAYMOND S. HARRIS
Instead of a $1..-.00,000 bond issue, as
previously contemplated, the directors
of the Alameda Sugar company have
decided lo put out an authorized
53.000.0C0 issue of 6 per cent £0 year
gold bonds, of which, however, only
$1,500,000 will be sold at this time. It
is proposed to hold the rest of the issue
for further acquisitions of beet lands
some time In the future. Within a.
very short time the stock holders will
meet to ratify the issue- •
As the company already has 10,i00
near Meridian, on the Sacramento
river, which are to be put out in beets,
the decision to authorize the large issue
of bonds means still greater develop
ment in the Sacramento valley than at j
first contemplated. It is understood |
that the final expert advices on the
soil, the wav it is working op under the
plow, and the water facilities that are
developing, led the directors to enlarge
their plans with an idea of making the
company still larg-er. Farmers are set
tling the land around the company's
holdings also, wltb the intention of
raising beets to sell to the factory that
the company is building, and the com
pany itself desires to enlarge its fields.
It will be possible for the factory to
slice 1,500 tons of beets a day.
Three thousand acres of the com
pany's land are now being plowed for
n crop In 1913. and the product of this
acreage will be sliced at the company's
present factory at Aivarado. The new
factory will be In operation by June.
1014. at which time the entire holding
will be yielding beets. With the water,
soil and transportation conditions con
sidered, and the fact that the factory
will be situated jn the fields, it is be
lieved that sugar can be made at an
unusually low cost.
To date $$.">.OOO has been appropriated
for the first unit of the irrigation sys
tem, and one well has been driven down j
that will yield 2.000 gallons per day. j
It is possible; however, that the irri
gating water may be pumped from the
river.
PACIFIC GAS CHIEF ENGINEER
F. G. Baum, who has been consult
ing engineer of the Pacinc Gas and
Electric company, has accepted the po
sition of chief engineer of construc
tion, to carry on the work projected j
by the late James H. Wise. Baum.
left last nisht for a thorough inspec
tion trip over the Drum power plant
project, accompanied by Paul M. Down
ing, the company's chief hydro electric
engineer.
Wise was a protege of Baum's when
the latter was actively In the service
of the Pacific Gas and Electric, and it
was through Baum that Wise obtained
a chance to show his capabilities.
When Wise was killed, just at the
time when the great Drum project was
setting well under way. the company
at once applied to Baum to finish the
tremendous task. He was out of the
mat** when Wise's death occurred, but
returned, at the company's solicita- j
lion, to complete the work of his j
friend.
No definite date has been set by the
company for abandoning work for the
winter. It is stated that construction
will go forward until the snow pre- j
vents further activity. The men driv- j
ing through the mile long tunnel j
which will be part of the waterway]
from dam to powerhouse will keep at j
their digging all winter, however.
* # *
Associated Oil stock, after all the
rumors of transfer of company con
trol, and the consequent rise in price
of the stock,, sot back to the figure of
544 yester'iay. There was little ac
tivity in the stock, compared with its
performance recently, 150 shares
•-hanging hands. The price for the
opening sale of the morning session
was $44.b'2%. hut it dropped to $44.25
in a range of three sales, and the only
transaction in the afternoon was at
$44 Yet there are plenty on the
street who Insist that developments
of negotiations for the sale of the
company still will come to light, and
that the temporary laying off among
the buyers can be picked up again at
advantage. In general, however, the
recent performance of the stock is
accepted as simply in line with its
many like performances in the past.
The strength of Western Pacific 5
per tent bonds continues to attract
attention. Yesterday they changed
bands here at $82.50. and they were
strong In New York also. The "opinion
is advanced that the recent state
ments of Gould roads has strength
ened all the Gould line securities. Now
it is forecasted, via the private brok
erage wires, that Missouri Pacinc will
shnw a gross for the year of between
555.000.000 and $60,000,000. Tbe Denver
and Rio Grande is picking up rapidly
also.
•Hope that the production of copper
will shortly be increased by full re
turns from the Utah Consolidated at
Bingham was aroused by news that
tbe mine started 40 men at work yes
terday at the, old wages. It is under
stood that wages will be Increased,
however, if employes will not insist
on recognition of their union.
* «■ *
Word comes from Log Angeles that
practically all the banks there are.
considering lengthening their hours
to meet the competition of the All
Night and Day bank. The proposed
hours are from 8 a. m. to 10 p. m.
A * *
Pales on the San Francisco Stock
find Bond exchange for September
compare with last year as follows:
1012. 1911.
Bond sales, par value f1.13t.000 $68T»,0OO
Stock sales, cash value 558.727 "02.865
Total value of sales $1,689,727 $1,387,865
Stock sales, number share*.. 13.879 14,791
By way of comment on these fig
ures, the Monthly Digest of S. B. Wake
field & Co. says: "The general strength
of our local securities market is shown
in the holding up of the volume of
and prices of bonds against th«
weakening effect of a great falling off
of sales and some decline of prices
;,* the New York stock market."
* * #
It has been reported for some Ume
that the Harriman lines interests,
barred out of Panama canal -traffic,
have combined with the Atlantic, Gulf
and West Indies Steamship company
to obtain control of Atlantic coastwise
business and to regulate rates. The
Southern Pacific's steamers are, of
i ourse, mentioned as party to the com.
Vdnation. It has been stated further
that the first attempt to eliminate com
petition has been a 2o per apnt cut in
freight rates out of Baltimore.
When told of the report of the <**om.
hination, Vice President Stone of the
Atlantic Gulf and West Indies, said:
"This story of a combination or
agreement between ourselves and the
Southern Pacific people is too absurd
to receive serious . recognition. It is
hardly entitled to the unqualified de
nial which it demands.
"It is perfectly true that the South
ern Pacific interests have recently or
ganized the Gulf Steamship company
io run steamers and cut rates as the
exigencies of the situation demand in
order to fight indiscriminate competi
tion. We have been doing this same
thing for some time through the Texas
City Steamship company. It is the
'tramp' department, of our business.
Kvery big steamship concern must
maintain its regular lines at estab
lished sailing dates and with uniform
freight rates. But we are subjected
in annoying competition at times, and
* meet through our 'tramp'
department."
•s * *
railroad commission has^amended
its previous order granting to the
Stockton Terminal and Eastern Rail
road company the right to issue bonds
to the amount of $65,000. Under the
original order, this company received
the right merely to sell these bands.
The company desired to place the bonds
a 8 collateral for loans, and, in t&J- c
had placed a portion of such bonds
as collateral, thus unintentionally vio
lating the original order. The amended
order was made so that the company
might issue these bonds as collateral
and also validate the bonds which were
already issued as collateral.
The railroad commission has amended
an order previously granted to the Oro
Kiectric company, giving its permis
sion to serve certain territory in San
.loaquln county outside of the city of
Stockton. The Western States Gas and
Electric company, giving it permis
of Stockton, maintained that it should
be entitled to serve a strip two miles
wide surrounding the actual corporate
limits of the city of Stockton. This
strip of territory is generally regarded
and spoken of as being included within
the city of Stockton. The commission
granted a rehearing upon this point
and amended its original order. The
Western States Gas and Electric com
pany obtained permission to serve cer
tain parts of this outside strip sur
rounding what is actually the city of
Stockton.
| New York Stock List
E. |*. Ilutton A Co., 490 California street,
members of the New York Stock Exchange, fur
nish the following list of bond and atoek sales
.resterday:
[ATlts Chalmers...! !
Do pfd : S%] 3%
36,900; Amalg Copper.... 00%; 88%
2,100jAm Beet Sugar.. | 71% 71%
Do pfd 1 1
13.400'Am Can Co i 44% 4S%
1.30OJ Do pfd 1124 123%
1,400!Am Car & Fndry 61% 61
j Do pfd
600 j A in Cotton 56 155%
I Do pfd !
|Am H & L pfd
lOOjAm Ice Securities 23% 23%
2oO'Am Linseed 14 14
100! Do pfd 38 38
1.200;Am Locomotive... 42% 43%
I Do pfd
600|Am Malt 16*4 16%
Do pfd
7,100 Am Sralt A Refg. 87% 86%
100! Do pfd 108 108
'Am Snuff j
j Do pfd
100 Am Sugar 1126% 126%
Do pfd j |
466 Am Steel Fndrie*.! 44 | 43%
.'.001 Am Tel & Tel Co 144 143%'
400JAm Tob 265%|264 !
800 Do pfd 106 104 ViI
SOOfAa Woolen I 28% 28%
Do pfd !
ll.ROOtAnaconda I 46% 45%;
100!Atl Coast Lin*..Jl4S 143
7.000 A T A S F !110% 109%;
'. Do pfd !
3.5O0iBait ft Ohio [108% 108 I
! Do pfd j
2.100 Bethlehem Steel.. 49% 48%
'SuOi Do pfd 78 [77%
1.300JB RT 91 90% |
85,600 Canadian Pacific. 273% (272% :
6.800'Chtno Copper 42% I 42
5.100IC & 0 83%! 82%!
tC ft A I
c o w ! I I
I Do pfd
600C & N W J142 141%
8.300IC M A St P 112% 111%
i Do pfd !
1.000 Central Leather.. | 31% 31 I
! Do pfd ! i
Central of N 3 I 1
C 0 C A St L....I
Do pfd I
4.40©!Colo Fuel * Iron.. ! 43% 41%
I Do pfd j :
lOOj'Colorado Southern. 42%! 42%
I Do 1st pfd !
1 Do 2d pfd !
SOOiConsolidated Gas.. 147% 146% !
SOOiCorn Products....' 15%! 15%
Do pfd
Del A- Hudson I
D L ft W ! !
ID A- R G ' !
! Do pfd ! 40% 40%
30u Distillers' Secnr..! 31 i 30%
Duluth S S ft A.
I Do pfd I
7,700iErie i 36-% 36'»
1,106 Do 1st pfd 54 ! 53%
Do 2d pfd ! I
100'Oeneral Electric. .1188% 183%
l.lOOjGreat North Ore..! 49V 48% |
B.lOOJGreat North pfd..! 140% 140%
500] Goldnel d Cons 2 % I 2% j
j Illinois Central... | !
4 eoolraterboro Metro... 21 Vi 20%
10,900! Do pf.l j 6-J 63%
Inter Her Marine.
10OJ Do pfd | 20% 20%
200 Inter Paper 15% 15%
:.] Do pfd
{Inter Pump
j Do pfd I
Iowa Central j 1
! Do pfd
1.100 K C Southern 29% 28 V
Ito r.fd !
23.400!Lehlgh Valley 176% 175%,
'Liggett ft Moyers|216 215%
Do pfd i i |
]P Lorillard Co '
! Do pfd I
1.100IL ft N 162%!161%j
-Mackay '
Do pfd ! |
1O0 1 Mexican Central..! 28%I 28%!
6,2001 Mex Petroleum... j 87% 87%)
200 Minn ft St L 26 26
700! M St P & S S M.J147 1146%!
Do pfd I 1
1.500!Mo Kan ft Texas.j 36%I 29%!
100. Do pfd 64%| 64%.
l.lOOlMlami Copper ! 29% ; 28%!
6,40l»lMis*oi-ri Pacific. 45%! 44%
l,400jNational Lead....! 66%! 65%!
Do pfd
200 National Biscuit.. ,136% 136%
I Do pfd I
4.000! Nevada Cons ! 22% 22%
i N Y Air Brake... (
900!N Y Central 116% 116%
200IN Y C ft St L...I 59% 59%
i Do 1st pfd !
I Do 2d pfd I
200iN Y N H ft H..JU»% 138
400JN Y Ont ft W... 36% 36%
160 Norfolk & Wesu*o'116%;116%
! Do pfd ! i
1001 North American.! 84%! S4%
9,600! Northern Pacific. .1129% 129
!Omaha
l>o pfd
500'Psclfic Mail 34% 34%
400; Puo Tel ft Tel... I 49% 40
700jPcnnsvtvanla ' 124%! 124%
9.500j People's Gas ' 122% ! 121 %
4,200!Pittsburg Coal....I 25%! 24%
1,460! Do pfd ! 98 97
:p <: C ft St Louis) I
! Do pfd !
13,2001Pressed Steel Car! 39 ! SS
100 Do pfd U02%!lT»%
16,GO0JR**t Consolidated.' 22%! 21%
9001 R.v Steel Springs.! 39>/.' 38%
i Do pfd I ;
104.100 1 Reading 175% 174%
! Do 1st pfd I
J-OOJ Do 2d pfd 97 07 .
1,900! Republic S ft I... 33% 33%
! Do pfd
5.400!Rock Island 27% 27%
1,000| Do pfd 55% 65
200|Slo*8 Shef ft I... 66 66
Do pfd
St L A S F 1st pfl
400 Do 2d pfd. 37% 36%
St Louis ft S W
f Do pfd ..'
4,000'Sontbern Pacific. 112% 112
P.OOISouthern Railway 80>i 1X0%
1.500 Do pfd 83 82%
1.000'Tenn Copper 44% 43%
40-tWTexas Pacific 25% 25%
5,S0O)Thlrd Avenue 41% 40%
(Toledo St I, A W
i Do pfd
'Twin City R T
I 30,400<Un1on Pacific 173% 172%
100) Do pfd 80% 89%
(United Ry* Inv Co
i Do pfd !
300 U S Csst Iron P. 19 I 19
j I Do pfd '
1.100JU S Rubber 53% 55%
100 Do 1st pfd 111%(11134
200 Do 2d pfd 81% 81%
77.000IU S Steel Cor...[ 78% 77%
500! Do pfd 1115% 115
lO.SOOiUtao Copper «4% 63%
2.700!Va-C*r Chem Co. 48% 46%
1001 Do pfd lift 116
300: Wabash 5 4%
200! Do pfd 15% 15
100!Western Union... 81% 81%
200 West Maryland... 56% 66%
I Do pfd
srsVWestinghnuse .... 85 84%
! 8.3©f<|W ft L E 10%: nil
, 2.SOO: Do 1st pfd 30% I 33%
2.506] Do 2d pfd 17% 16
i Wisconsin Central) |
j"oi%|
1 1
43%:
i 42 £
1147%'
[ 15%
! i
:::::
1
\AX%\
'; 31 I
"tt»_
54
*
"3^
71%
'44%
124
61%
"se"
i
....
23%
14
38
! 42%
|'i«%
87%
I
-26%
44 I
144
105
I 28%
1
i'46%
'143
■ i*»
!110%
|io8%
...._.
83%
■ .-.- ■:-,■.;:■■.-
, ....._-..,.,.,,
*»%j
83
"_a%
| 15%
".1"!
I »%
176%
i %
3% 3%
: S»% 89%
71% 71%
1 97%
' 43% 44%
!l23% 123%
61 61%
117%
55% 65%
1 98
j 29%
23% 23
14 14%
38 38
43% 43%
107
16% 16
63
86% S7%
108 108
1S7
100
126% 126%
22_ x»,
I 43% 43%
!143%'143%
1264 '263
104% 1104%
28% 28%
i 87
45%j 45%
143 143 I
109%! 109%!
1102
106 108%
j 86
! 48% I 4ft U
I 77%! 77'-,
90%! 90%
: ;
i«%
111%
I I
. .!
1
'41%
42%
...
v_.i:
': *' '..,* i
;r.r.
-;•.:
.. .1
*ti%
' 48%
140%'
f'26%
! 63%
j"20%
15%
!
i •»■%
175%.
215%
! I
43
142
42
72
66%
147
15%
83 I
170
! 42 !
! 83%'
I 19 I
: 17%i
33 !
i4i%|
142 :
81%
! 97%j
52% 69%
98% 101%
43 43%
142
42 43
72 75
66% 70
147 147%
15% 16
83 83%
170 171
535 J550
22% 23
40% 40%
30%' 81%
8% 10
i 16 19
I 36% 36%
! 53% .-.4%
! 42% 43%
:183%il83%
48% 49%
140% 141
j 2% j 2%
U29% 129%
21% 21%
64% 65
B 5%
20% 20%
15% 16
57 5S
27 28%
80% 81%
12 13
26 28
; 29 26%
01 62
170% 176%
215 215%
J116 '117
1187 190
105%
2«%
89%
45%
1143%
1110
102%
109%
87%
49%
78%
91
1273%
! 42 Vi
! 83%
I 24
I 17%
53%
|142
112%
142%
: fig
! 98
%
3%
90
72
100
44%
124
61%
US%
i 56%
99
30%
23%
14%
at
43%
108%
17
64
87%
108%
190
__3
Mtt_j
*8aV%
! 26 '
1146%!
; 1
I 29,^i
: 28%!
, 44%,
65%
! |
13C%j
"22%
15
»n -,r
' i
116%
: 5! »%!
I 1
67
I 28%!
; S7! 4,
23% i
il46%
i65'
i!23'
'116%
| 87 88
67 67%
I 28%! 29
; 8714) 87%
25% 26%
! 146%: 147
1152 186
i 29%] 29%
■ 64% 65
! 28% 29
; 45% 45%
! 65% I 66%
109% 110%
135% 137%
123 1127%
22 Vi 22%
16 78
116% 116%
t 59% 60
!l04 120
86 90
130 139%
36% 37
116% 116%
88 90
84%! 84%
129% 129%
13*: 1138
152 158
35 36
49 49%
124%! 125%
122% 1122 Vi
! 24„l 25
I 07 | 97 Vi
!109%!H0%
114 117
i 88%| 30%
! I
139 J
1 36% I
;116%
"__%
:129
£v£
12*
122
34%
! 40 !
!124%|
121%
24%
J97 I
! 98
* at"'
I'ss"
!lTy.V'i
J 21 Vi
I 38%
174%
83% I
114
88%
102
21%
37
102 |
175%!
33%j
90
98
33%
91%
27%
55%
57
55%!
6S !
"27%
65
66
36%
"_*
80%
'83-..
44%
25%
_41%
Zzzx
60
37%
40
78%
U2»l
30%
83
44
25%
41%
14%
81%
ins
j «>%
l
I •
...,,
R-**?
I 89%)
iff J
1
j-19"
I 53%
1111%
81Vij
77%
115
iu*s
173%
89%
S3
63
21
62%
53Tg
111%
1ft '
60
t
a
llfl
4%
15
ill?
81 !
57
77%
85 !
___?
m
■i*.
I r.SA lOfi ______ ___•
r„S4.10<)—Total aharea ntM.
Loans, Exchange and Sliver
Bar silver declined a quarter of a cent an
ounce in New York yesterday, and there was a
corre*ponding reduction in the London Quotation.
Hongkong exchange was lower.
Commercial paper b @6 per cent
Loan* on real estate 5%«|7 per cent
Sterling exchange. t» day* — (&4.8_%
Sterling exchauge, sight —<*§4.8o»I
Sterling exchange, cables — <a}4..SA%
New York exchange, eight... —<j§ .02
New York exchange, telegraphic. —© .05
Hongkong exchange, sight — Cfs .50**
Hongkong exchange, telegraphic. — & .50%
New York sliver, per ounce — & .63%
London silver, per ounce —|g 29% d '
CONTINENTAL
New York on Paris .....* 5-20*4
New York on Mexico 2.01%
Pnris on I/>ndnn .^25.27V4
'. Berlin on London 20.48%
THE SAN FRANCISCO CALL, THURSDAY, OCTOBER 10, 1912.
__———_—_—__-———————---—-«»-«--—-——^
Foreign Developments Cause
Setback in the Stock Market
NEW YORK. Oct. 9. —Foreign developmenta were responsible for
another setback in the stock market today. The Balkan situation caused
demoralization In Paris, increased the unsettlement prevailing: on tne
Berlin bourse and added to the state of depression in London.
Initial dealings here showed declines of a point to more than two
•prti»<»* the weakest issue being Canadian Pacific. In the late afternoon,
when trading was lightest, a part of the early losses were retrieved. The
most notable exception among high grade issues was Canadian Pacinc,
which was pesistently pressed for sale, some of the offerings coming
directly from Berlin. .__'____*
The government crop report was the sustaining feature of tne nnai
hour. The corn condition on October I was 82.2, a slight gain over last
month. Money was more firm, call loans going to 6 per cent before tne
close. A slight advance was reported in 90 day rates, at some reduction
K longer pariods. Foreign exchange strengthened on account or
pean war scare,
s were irregular, after some early firmness. Total sales, par
:d States government bonds were unchanged on call.
' YORK. Oct. 9.— E. F. Hutton & Co.'s wire says: "The two
tors affecting the stock market today were the Balkan difficulties
jovernment crop report. In the early dealings Balkan war news
depressed prices sharply, London being a liberal seller of coppers, steel
and other American stocks and causing a bearish sentiment here among
professionals, who helped the decline by selling for both accounts. The
government crop report, however, late in the day became the factor that
turned the market for the better and caused a strong closing vriti\ short
covering
"The general movement of the market was decidedly confusing,
with the many cross movements that occurred, but the action of the
list as a whole could be termed as not showing aspecial weakness, and,
on the contrary, being fairly firm in view of the several unfavorable
factors, in which the foreign political situation was the most disturbing.
We still favor the constructive side of the market, though further Irregu
is not improbable."
larlty
EASTERN STOCK AND BOND QUOTATIONS
New York Bonds
U S ref 2s reg...!01 Japan 4%s --•••*• • *
Do coupon ....101 Kan City So ref 5* 9«%
Do Ss reg 102% I. Shor deb 4s. 1931 92%
Do coupon ....102% L & N unload- 4s. 98
Do 4s reg U3%jM. X & Tex Ist 4* 02%
Do coupon 113%1 Do gen 4%* „*>_•.
Panama 3s coupon. 101 %;>!" Pacinc 4* <•_.?*•
Al-Chal Ist 5s ctfs 61%j Do ct 55........ »<?*
Amer Agricul 5a.1«1% N R of Mcx 4%5. _9_f
Amer TftT cv 4a. 113 „IK V c gen 8%a.. _»,*>
Amer Tobacco 6s. 121 | Do deb 4*... •• - «_«_*
Armour 4%s .... 90%' ; NY.NHft Her 3*s 92%
Atcbison gen 45.. 97% Nor & W Ist con 4s 9-M>
Do cv 4s, 1860.100%, Do cv 4«... »«
Do cv 5s 109%: Nor Pacific 4*. -.. g_f
Atlan C L Ist 4s. 99%; Do 3s •••••••*• ™*
Bait & Ohio 45.. 97% O S Line rfdg 4s. 9-%
Do 3%s 91%' Pa cv 3%5. 1915. .96%
Brooklyn Tr cr 4* 91%iPa con 45.... i_i
Central of Ga s*.lo7%[Reading gen 45... 9bM
Cent Leather 5*.. 95%,5t I. ft SF fg 4s. <s
Che* & Ohio 5a.. »9%i Do gen 55......_. 84£
Do con 4%..... 93%,5t L »*«_».■»"_ »£%
Chi ft Alton 3%5. 64% Seaboard AL, adj 5* __
C, B & Q Joint 4s 95% So Pacific col 45.. 88%
Do gen 4s 95%| Do cv 45........ 94%
C.M& StP cv 4%5.105%i Do Ist ref 4e.. «_»%
C.Rlft Pac col 4s. 69% So Railway *>s lU«%
Do ref 4s 87%! Do gen 45...... <»%
Col So r&ext 4%s 04". 4 lUaton Pacific 45.. 1W
Del _ Hud cv 4s. 97% ; Do cv 45........1twj_
Den & R G ref ss. 83%: D-a Ist ft ref 4s. 95%
Distillers 5s 73%,U 8 Rubber 6s. -.103%
Erie prior lien 4s. 97%;U S Steel 2d
Do gen 45...... 77% Va Car Cbem 5*.. 98%
Do cv 4*. *er B. 78% Wabash lstftext 4s 68
IP Cen Ist ref 4s. 94 Western Md 4s. •. S-V4
Int Met 4%« 81% Westing El cv ss. 94%
Int Mer Mar 4%5. 66%jWis Central 4s 91%
I New York Mining Stocks
Com Tunnel Stock 08'Mexir-an -.40
Com Tunnel Bond* 15' Ontario -•-•>
Con Va Mm Co.. :is,Ophtr 42
Iron Silver 1.50; Standard 1-0°
Leadville Con ... 10 Yellow Jacket 23
Little Chief 031
! New York Curb Stocks |
NEW YORK. Oct. 9.— E. F. Mutton ft Co.'s
wire say«: "Price changes were fractional in
the copper*. The market was small and there
were no features. Giron**- was inclined to sag,
selling down to 4%. There was a little busi
ness in Greene-Cananea on tbe announcement, of
a 25c dividend, but the stock registered only a
small advance. Standard Oil of Indtuna --old
off. closing at 315(8320. British-American To
bacco «sold off sharply on heavy offerings. The
market closed quiet."
Tbe following list is fnrnisljed by E. F. Hut
ton _v Co., 490 California street, San Francisco:
Bid. Ask.) Bid. Ask.
Anglo Oil ..19 20 (Miami 6* ICS 175
Belmont 9% 10 Mines of Amer 2% 3%
Braden Coppr 6% 7 Montg Sho 02 10
Do 6s ...148 150 iNey Hills ...I%IIS-16
British C 01... 4% 4%jNlplssing .... 8% 8%
Chi Subway.. 4 6 Ohio Copper. .1 9-16 1%
Con Ariz ...9-1G % Pac G&E com 64% 65y 4
Colorado 15 18 | Do pfd 92 93
Davis Dalv.. 2 4 [Phelps Dodge.2ls 220
Doble % %|San Toy .... 22 26
Dolores 2% 4 Sioux Con .. ."* 7
El Ravo 1% 2 IS W Miami.. 6 8
Ely Cent ... 1 3 ISo Utah .... % %
Ely Con 21 25 [Standard Oil.
El Paso .... 5% 6 i ex subs 395 398
First Nat ... 1% 2 Do Cal ....135 137
Fraction 12 14 [ Do Ind 315 320
Florence 78 82 [Stewart 13-16 1%
Glroux 4% 4% [Ton of Nev. 6% 6%
Old Bslsy -7 8 [Tri 8u11i0n...11-1613-16
Old Belmont. 14 20 Tuolumne 2% 3
Greene Can.. 10% 10%!Cntted Copper 1% 2%
Hallinger ... 14% 14% Do pfd .... 8 20
Halifax 1% 1% U S Light... 13 16
Iron Blossom.l2o 130 [Yukon 3% Su,
Int Rubber .. 11% 12%[West Pac By. 7 8%
J C Case pfd.lol 102 | Do 5* 81 82
Jim Butler ..71 72 West P<rw pfd 59 61
.lumbo Ex .. 85 37 I Do com ... 27 25%
Kerr Lkc.2 11-16 213 lC'Mizrpah Ex .. 95 100
Keystone ... 1% 2 [Ton Exten ..2% 2 11-16
La Rose 27-16 2%! West End ...1% 111-16
Lehigh C0a1..245 255 [Weftlaufer ..85 37
Mason Val .. 12% 12%|Tobace© Pr0d.129 140
Mays Oil ... 28 30 I Do pfd 103%10R%
Man Transit.ls-16 l%*Butte ft N Y. 1% 1%
Msrconi 7% 7%[Alaska Gold.. 9% 9%
McKinley ...1% 115-l«'_Ton Merger. .11-16 1%
Montana Ton. 2% 2%j
New York Money Market
NEW YORK, Oct. 9. —Money on call, firm st
4%@6 per cent; ruling rate, 4% per cent; clos
ing bid, 5% per cent: offered at 6 per cent.
Time loans, firm; for 60 and 90 days, 5% per
cent; for six month*. 5%@5% per cent.
Prime mercantile paper, 5%@6 per cent.
Sterling exchange, firm, with actual business 1n
banker*' bill* at $4.82 for 60 d*y bills and at
$4.8575 for demand.
Commercial blljs, $4.81%.
Bar silver. 63% c.
Mexican dollars, 49e.
Government bonds, steady. *
Railroad bonds, easy.
Condition of the Treasory
WAfiniNGTON, Oct. 9.—At the beginning of
business today the condition of the United State*
treasury wa»: 1..--..
Working balance In treMnry offices. $90,301.
--059.
In bank* and Philippine treasury. $31,740,294.
Total of the general fund we* $151,321,684.
Receipts yesterday were $2,186,196, with, dla
bnraements of $1,018,338. ___—>_—.
The deficit to date this fiscal ye*r is $3,522,823,
as against a deficit of $16,587,877 at this time
la*t year.
These figures exclude Panama canal and public
debt transactions.
MINING STOCKS
Nevada mining securities acted rather weak
in a sluggish and practically featureless market
yesterday. trading being confined to narrow
limit*, with prices for the le*dlng Issue* of all
groups more inclined to ssg than to strengthen
at the regular call session of the Bash street
exchange. Conditions showed hardly any change
for the better after the call, and. although one
Or two issues made a little better showing In
the matter of sales during tbe informal trading
period the aggressive buying of certain ahares
that was a feature of the market at tbe first of
the week was lacking.
Tbe exchange adjourned at noon on account of
tbe death of R. Samson, who wa* prominently
identified with the beard for a number of years.
Among the Tonopah* North Star opened ea*y,
with large blocks ot ahare* selling at 89c. a
small decline but tbe stock recovered the lost
ground before the close of the call and sold up
to Tuesday* high level in tbe final hour of
trading. Tonopah Merger, while lews actively
dealt In than North Star, wa* the leader of the
group la point of firmness. It had fair support
at $1.07%<31.10 on tbe call and scored a small
gain on an increased volume of trading Anting
the late session. There were no new develop
ment* In any of tbe other Tonopah*.
The G«ldfleld «tock» were all weak, with a
decline In Consolidated depressing the other
Issue*. The leader of tbe camp sold down to
$2.37% on tbe New York exchange and it opened
weak with the same figure bid here. After the
call there were some small sale* at 32.40. but
it weakened again and closed decidedly easy at
$2.35. Florence declined to 75c. while Merger
Mines. Atlanta and Jumbo stood about as before
quoted.
Tbe Comstocks received but little attention
from trader*. Mexican sold at $2.50(32.45, while
prices for Opblr and Union were stationary, with
■ales small. Consolidated Virginia had a small
advance, while Sierra Nevada sold off a few'
points.
BAN FRANCISCO STOCK EXCHANGE
Following were the sale* on the Saa Francisco
Stock exchange yesterday:
Regular Morning Session
500 Com Fraction. 1217000 North Star ... 83
Boston Stocks
BOSTON. Oct. ».—E. F. Button ft Co.'* wire
says: "Copper* opened with an easier tone and
fairly active. Franklin led the market and
advanced easily above 9, but It wa» mostly
short covering. Butte and Superior showed some
liquidation going on early today, but It seemed
all oyer before 11 o'clock. North Butte suffered
a little yesterday afternoon and this morning
from some small profit taking. There were also
some stop orders caught in the decline iv these
two stocks today. Wolverine weakened a
little.--
Tbe following list is furnished by E. Y. Hut
ton _ Co., 490 California street, San F'sncl-w-o:
Bid. Ask.J Bid. Ask.
Adventure .. 6% T JOjibway 4 4*4
Allonez 45 46 IQuincy 88 89
Arcadian 2% 3 jshannon 15% 15%
Ariz Com ... 4*s* 4%iS'auta Fe . ..3 5-16 3 7-16
A P 4 4%iUnlted Shoe.. 55% 55%
Do pfd ... 20 20% Do pfd 29 292
Balaklala ... 2% 4 ISuner ft Best. 1% 1%
Cal ft Ariz.. 71 71%jSuper Copper. 45% 46
Cal ft Hecla.s9o 595 [Tamarack 40V. 47
Centennial ..21 22 -Trinity 5 5J4
Copper Range 59 59% if S Mining.. 45% 48%
Daly Wert... — 4 ; Do pfd .... 51 52
East Butte... 16% 16%; Utah Apex ..2 2%
Franklin 914 9%! Utah Con ... 12% 12%
Granny 63 e3%|Victoria 3 —
Hancock 28 28V*|Wolvenne ... 78* 79
Helvetia 75 100 I Wyandotte .. 1 % 2
Isle Royale.. 85% 3ft 'Winona 5 5%
Indiana .15 15%lGreene Can... 10% 10%
Kerr Lake .. 2% 2%;Glroux 4% 4%
Keweenaw .. 2 2%; Ray Con 21% 22
Lake Copper. 85 Ss%;Algomah .... 3 3%
I* Salle .... 5% fiVß*>s & Maine. 96 97
Mas* Con .. 7 7%;80s ft Albany.2l2 213
Mich Mm .. 1% 2%'80a Kiev 120 121
Mohawk 66% 67% (United Fruit.. 185% 186%
North Butte. 38% 38% Swift 107 107%
Nev Con ... 22% 22Void Colony .. 8% 9
North Lake.. 4 4%! Mayflower ... 12 12%
Old Dominion 62% 63 jzinc 33% 33%
Osceola 113%113%!8utte & Super 47% 47%
Boston Curb Stocks
The following list is furnished by E. F. Hut
ton ft Co. 49n California street, San F<-«nicf«co:
Bid. AskJ Bid. Ask.
Ariz ft Mich; — 10 ,'Keyston* 1 % 2
Bohemia 2% 8 (Majestic 44 46
Boston Ely.. 1 1-14 13-16' Mason Val 6 12% 13
Calaveras .. .2% 2 15-16INev Douglas.. 3% 3%
Cartus 10 12 Ohio 19-16 111-16
Cl:lef Con ... 1% I%Th)eco 1% 1%
Corbtn 24 28 Shattnck Ariz. 2H% 27%
CUino 42% 42% Super & Globa 8 10
Davis Daly.. 2 2% South Lake... 7% 7%
Eagle & B 8.l 7-14 1%. Unite* Verde. 43 50
Ely Witch... 5 9 New Baltic... 2% 2%
Inspiration .. 19% 20 I
I London Closing Stocks
Cons for money.. T3%'111 Central 132%
Do for acct.... 74 Loul*y A Na»h 166% !
Amal Copper 92% N V Central 110%
Anaconda 9% Norfolk A We5t...119
Atrliison 113%! Do pfd 90
Do pfd 105%|Ontarlo & West... 87%
Bait A Ohio 111% Pennsylvania 64
Canadian Pac ...280% Band Mines 6%
Ches A Ohio 85% Reading 90
Chi Great West.. 18 (So Railway 31%
Cbi, Mil A St P. 115% Do pfd 87%
De Beers 20%j50 Pacific .......115%
Den A Rio. G 23 [Union Pacific <;...177%
Do pfd .. 42 I Do pfd 91%
Erie 87% U S Steel 80%
Do Ist pfd 55 J Do pfd 118%
Do 2d pfd 46 [Wabash 5
Grand Trunk 27%] Do pfd 15%
Bar aiiver—Quiet; 29% d per ounce.
Money—l%(!t2 per cent.
The rate of discount in the open market for
short bills is 3%<33% per cent and for three
monks' bills 315-16*314 per cent.
Northern Buahieaa
PORTLAND, Ore.. Oct. 9.—Clearing*. $2,284.
--771: balances. $219,274.
TACOMA. Wash., Oct, 9.—Clearing*, $724,138;
balances $63,008. *
SEATTLE. Oct. 9.—Clearings. $2,331,914; bal
ance*. $182,130;.
SPOKANE. Oct 9.—Clearings, $829,288; bal
ance*. $109,114.
5000 Eagle* Nest.. 0211000 North Star ... 40
500 Gld Merger M. 27 200 Ophir 45
500 J Ira Butler .. 74 400 Sierra Nev ... 18
500 MacNamara .. 23 500 Ton Merger..l.o7%
12<K) Midway 53 500 Ton Merger ...1.10
300 Nev Hills ...1,70
Informal Session
400 Alta 06 1000 Kewana* 05
1000 Atlanta 17] 500 Mau Big Foot. 45
200 Belmont 9.73 100 Mexican 2.50
1000 Bine Bull ... 07, 100 Mexican 2.45
3000 Columbia Mt.. 04 100 Nev Hill* ...1.70
200 Con Va M..,. 38 2500 North Star ... 39
500 Dmd B Butte. 07 2000 North Star ... 41
300 Florence 75 6600 North Star ... 40
110 Gld Con M...2.40 2000 North Star ... 42
200 Gld Con M.2.87% JOO Seg Belcher .. 14
100 Old Con M...2..15 100 Ton Merger..l.ol%
3000 Gld Merg. bSO 28 2200 Ton Merger ...1.10
500 Jim Butler .. 72 8500 Ton Merger..l.l 2%
1000 Jumbo Ex ... 35 200 West End 1.65
CLOSING QUOTATIONS
NEVADA
Con-stock*
Bid. Ask.! Bid. Ask.
Alpha 01 02 Hale * Norc. 12 14
Alt* 06 —Julia Con .... — 02
Ande* 04 05 Justice .♦ 03 05
Belcher ....... 25 SOihentuek Con.. — «H
Best A Belch. 04 OSlMexlcan 2.45 2.50
Brun* ChollaT. 15 — jOccidental .... 70 —
Brnns Potosl.. 12 —Ophir 44 46
Bullion — OllOvertnan 70 75.
Caledonia 1.30 1.75 Potos! 03 04
Challenge — OflSaVage 10 12
Cbollar — OSsjeg Belcher .. 13 14
Concordia Max 10 12 Scorpion , 07 —
Confidence ... 40 —Sierra Nev ... 18 19
Con Va M.... R7 38 Silver Hill ... — 10
Con Imperial.. 03 04 Union Con 36 Sn
Crown Point.. 23 —|UUh 02 04
Exchequer ... -— Oil Yellow Jacket. 26 —
Gould A Cur. 01 02|
Tonnpsh District
Belmont 9.70 9.BofMontana 2.20 2.27
Boston Ton ..03 04;Mon Pitt* Ex. 25 26
Cash Boy 09 lOlNortb Star ... 41 42
Eaat End ... 04 — JReecne Eula ..19 20
Gold Zone ... i» ,-JToo Exten. ...2.55 2.70
Ort We*t Con 02 OSiTbo Gypsy Qn. 08 09
Halifax — 1.701T00 Merger ...1.12 1.15
Jim Butler .. 72 73(Ton of Nev...6.25 —
MacNamara .. 22 28! Ton 76 Con... — 17
Midway ...... 62 M.Umatllla 04 05
Muepah Ex .. — l*6jYVe»t End ....1.65 1.67
Qoldfleld DUtrict
-Adam* — ©i.GM Kewanas.. 04 05
Atlanta 17 18Gld Merger M. 29 30
Blue Bell ... 01 02Grandma 01 02
Blue 801 l ... Oft 08Great Bend ..08 04
Booth Oft OTGrt Bend An*. — 01
COB OS 09 Ort Bend Ex.. — 01
Columbia Mt.. fj 03 04 Jumbo Ex 33 36
Com Fraction. 11 lgtLone Star Con. 05 08
Conqueror Con — 01 Oro 03 04
Cracker Jack. — 01 Red Hills 02 03
B Butte lib* o *°P Ex.. — 91
(reorganised' 08 OTfSandstorm Ken 01 02
I>mdfld Daisy. — 07 Silver Pie* Con ~ 09
Florence 75 7fl Spearhead Gold — 04
Frances Mhk.. 02 —St Ire* ...... — 85
Gold Bar Old. 05 —-Vernal — 11
Gld Con M...2.35 2.37 Wonder — 01
Gld Portland.. — 02 Yellow Tiger.. 03 04
Bullfrog District
Bonnie Clare.. 01 —.(Tramp Con .. — 04
Mayflower Con 02 03j
_____ Manhattan Dtetriet
s*xter Union. 03 04|M*Q Virginia.. — 01
Sold Wedge... 00 lO.Man W Gap*. 14 15
Man Big Fonr 45 47 Mm Rill Con. «1 ■02
Man Amalgam 03 — jjforning Qlory. 04 06
Man Con .... IS 19Mn*tang Man.. 02 04
Man Dexter .. ©8 04.Mu«tang Ana,. -._W 04
inter District* *
Eagla'a Neat.. 08 flfllWtta ■ Peak.. 92 36
I SAN FRANCISCO STOCK AND BOND EXCHANGE
: California Wine association common came in for con ßld « r /Vil^l^n 7 sales
; terday on the Stock and Bond exchange, bringing $40. Of the t»even sates
made, five were for cash . . .
Probably the feature of the day. however, was Associated 0«. which Kept
on the downward tack it adopted Tuesday, and ended the day at $44, _they er>
price from which it started on its recent upward move The ,_Pf"_ n 8 , 8 , a . ie llJ fl
the morning session waa made at $44.62%. but by the third sale the price had
dropped to $44.25. and In the afternoon it went to $44. ....„, „_
Spring Valley held its own. selling at $62.50, with traders predicting an
advance. It is now a nervous stock, liable to go up or down at the slightest
rumor concerning the progress being made between the company committee ana
the supervisors. . _~.-» j„,,
/ftaska Packers' association lost three-quarters of a point off its Tuesday
closing price, selling at $91.25. Only one sale was made, however.
Noble Electric Steel stock, which not long ago sold at $23, changed hands
at $16 yesterday.
LISTED SECURITIES
SALES OCTOBER 9. 1912
Morning- Se**ion $2,000 Pacific Tel ft Tel 5* 10 St°S
Board— $1,000 S P R R Ist refdg 4s _l£,_
SO Alaska Packers' Assn..., 91.25 $7,000 United R R of S F 4s 64.87%
25 Associated Oil Co 44.02% Afternoon Session
20 Associated Oil Co 44.37% Board— \-*/«%
80 Associated Oil Co 44.25 25 Associated Oil CO «™,,
15 California Wine As*n (com)... 40.00 50 Hawaiian Sugar Co i2*2A %
I*ls Cal Wine Assn (com), cash 40.00 20 Onomea Sugar Co si.on
1 25 Ilutchluson Sugar Plantation... 10.62% $1,000 Oakland Water Co 5* *£•?£,,
70 Spring Valley Water Co.. 62.50 $3,000 Pacific Gas ft Electric 5s ®*'i~ / * 1
60 Spring Valley Water Co. b 5 62.50 $2,000 San Joaquin Light ft Power '' Bl y_2*2x,,
50 Spring Valley Water Co. b 4 62.50 $1,000 S P R R Ist refdg 4s
$3,000 Pacific Gas & Electric 5s 91.00 $13,000 Spring Val Wat gen mtge 45.. 93.25
$1,000 S i*. Oak ft San Jose Ry 5s 103.00 Street-
Street— 60 Philippine Tel ft Tel Corp 2«.7 ; >
14.-. Hawaiian Coml & Sugar 42.00 50 Spring Valley Water Co s?*£;
$2,000 Natoruas Con of Cal 6s 94.25 $2,000 Pacific Gas & Electric 5s 91.00
CLOSING QUOTATIONS
BONDS J Bid. Ask.! Bid. Ask.
C. S. Bonds— Bid. Ask. .Oakland Transit Co 65.107 — Ca! Fruit Canners 116% —
4s quar coup (new). 113% — Orkland Transit Co ss. — 104% EI dv Pont de N pfd. — --_*-
Ss quarterly coupon.. — — Do Con 5s 101% — Do common — „_,,
Miscellaneous Bonds— Oakland Trac Con ss. 97% 98% Fireman's Fund Ins... -- fj& %
Alameda Arte* W ss. — 04 ioakland Trac Co ss. — 91V4 First Nat Bank of S K.232%234%
Associated Oil Co ss.lol%lol%[Oakland Water gtd 5* 95 — [German »*▼ ft L0an.3175 —
Bsy Counties Pow s*. 101% - - ,'Omnibus Cable Ry 65.102 103 [Giant Powder Con 100 —-
Cal Cent Gas ft El 55.102%103%i0r0 Electric Corp Cs. 98% 98%'Hawatian Coml ft Sug. 41% 4_%
Cal EI gen ss, ser A. 88% — 'Pacific Gas Imp 45.. 89 89%;H»waiian Sugar C 0... 40% —
Cal G&EI gm & ct55.102 103 [Pacific Gas ft Elec Bs. 91 91%'Honokaa Sugar Co — 19
Do unifying 5s 95 96% Pacific Electric Rv 5*.103%104% Humboldt Savings Bk. — 135
California St Cable 5».101 102%'Paclflc Ught ft P s*. 96*4 — ! Hutchinson Sug Plant 19% —
California Wine 6*... 96 — j Do guaranteed 55.. — 100%!KI1*ne« Sugar Plant. 12 —
Cent Cal Traction ss. - 94%'Paoiflc Tel ft Tel ss. 09% 99%!M»rin County Water.. 50 55
City Electric Co 55... SS 89u.:Ps-rk ft Cliff HRy 6s 99% — 'Mercantile Nat Bank. — 230
Coast Counties LAP 5s — 95%' Park ft Ocean R R 65.100 — [Mill Val ft MtTmSRy -- —■
Contra Costa Wat ss. 98% — (People's Water Co 5* 80% 80%'Mntual Sayings Bank. 75 S-_>
Do gen mtge 5s 93% 95%'Ssc EJ Gas ft Ry 85.103%104 [North Alaska Salmon.l 22 12.%
Edison El of L A 55.101% — |Sac ft Woodland Rss 95 — IN Cal Power Co Con. 40% 42
Edison Light ft P 6«.105 — S Joaquin Lt ft P ss. — 100%'Onomea Sugar Co 57 —
B r-duPoutPwdr 4%5. 91% — Do Cor 6s. series A.101% — lOro Electric Corp pfd. 74 .6 1
First Federal Trst 55.100% — R F Electric Ry 55.. — 90 I Do common 17 IS
Ferries & Cliff If R C,» 99*; — SF.Napa ft Call* R 6*.102% — Ovo Water. Light ft P.IOO —
Great Western Pow 5* 88% — BF. Osk ft S J Ryu*. — 108%!Paauhau Sugar Plant. 21% 22%
Haw Coml & Sug ss. — 103% iDo 2d mtge 5s — 96 IPac Aujt Fire Alarm. 2% —
Honolulu RTft L 6s. 105% — | Do Con Ry 5s -- 93%'Pac Coast Boras pfd.lo^%lol
I*ke Tshoe R& T ss. — 97 [S J& S Clara R 84 — [ Do common 72 —
Long Beach C Gas Os.loo — "Santa BarbaraG*El6s.lOO%lo2 iPaciflc Coast Casualty. — I_S
Los Angeles Elec 6s. — 101 (Sierra Rv of Cal 65.. — — IPaciflc Crude Oil Co.. — 60c
Los Ang Gas ft Bl ss. — 100%[SPRR of Cleg ss. — 112%!pa<--iflc Light Corp pfd 75 —
Do Oorp 5s 98% - 'SPBraneh Rof Cal 6s. — 126% Do common 90 —
Los Angele* Ry ss. ..106%107%'S p R R Ist ref 4s. — 93%[P»ciflc Tel & Tel pfd.ion 101%
Do Oorp 5s — 9$ js Val aWt gen m 4s. 93% 93% Do common 49% —
Los Ang Light gtd Ss.lOO — 'United Gas ft Elec ss. — Water Co pfd 51
L A-Pac R R Icm 55.103% — [United R R of S F 4s 64% 64%, 'Philippine TelftT Corp 26% 2.
L A-Pac RR of Cal 5s — 100 Val Counties Pow ss.— 101 ! Realty 6yndieate 133% —
Marin Wat ft Pow ss. 99% — STOCKS [Sayings Cn Bk ft Tr.240 —
Msrket St Cable 65..100 100%IAl«*ka Packers' Assn. 91 01% Security Savings Bank.3oo —
Do Ist con mtge s*. — 94 Amalgamated Oil Co. — 90 !S P-Oak Ter Ry*.A pfd — 81
Ml** Counties GftEl 6s 99% — American Nat 8ank..130 — iSpring Val Water Co. 62% C2a;
Mill Val ft MtTmßss.loo — Anglo-Cal Trust Co. ..125 127W8terllDg Oil ft Dey. . — 1%
Natomas Con of Cal 6s 94% — lAnglo ft Lon P Bank. - I">6 'Union Sngsr Co — 32%
Nor Ry Co of Cal E5.112 — [Associated on Co 43% 44%' Union Trust Co 2475 —
Nor Cal Ry 5« 107% — ißank of Cal. N A...200% — iT'niou Oil Co of Cal.. 08 —
Nor Cal Power Co s*. 100 — [California St R R....125 — [Union Provident Co.. — —
Do Con 5s — 92 Cal Ins Co (par $40) 73 75 'United Petroleum Co.. — —
Nor Electric Co 55... 94% — Cal Wine Assn pfd. — -- IWest Coast Oil pfd.. — —
Oakland Gas. LftH 5*.100% — | Do common 39% 40% j
rSTIiISTED SECURITIES
SALES OCTOBER 9, 1912
10 Noble Electric .'. 16.00 50 Pactfie Gas ft Electric (pfd* 93.62%
45 Pacific Gas ft Electric (pfd) 94.00 $30,000 Nor West Electric (subs> 115.00
150 pacific Gas ft Electric (pfd) 93.75 $14,000 Western Pacific Ry 5s 82.50
50 Pacific Gas ft Electric (pfd) 93.50 I
The following are the latest quotations for unlisted securities on the San
Francisco Stock and Bond exchange:
BONDS ) Bid. A*k.! Bid. Ask.
Bid. A*k. Satrth Yuba Water 65.106%108 [Natomas Consolidated. — 13%
Alaska Packers' 65...105 — South Pacific Coast 4s 93 — Nor West Electric 30 —
Amer Riyer Blec ss. 97% — Sunset Telephone 65..103% — Northern Electric 20 —
Associated Oil Ist ref — 92% Sutter St Ry 6s — 98 [Oalm Sugar 28 —
Bay Counties Pow 6s. 103 104% Sperry Flour 6s — 100 Do Railway 135 140
Blue Lake Water 65.102% — Truckee Lumber 6*.. — 97%' Oakland Bank of Say. — 225
Cal ft Northwestrn 55.104 — United Light ft P 6s. — 90 Oakland Traction pfd. — 83
Coast Val G&EI lst6*.loo 101 United Properties ss. 50 65 Do common 30 40
Geary Street R R — 54 Do debenture 6s 10 15 Ocean Shore Ry 11 15
Gen Petroleum bond*. 69 — West Mtg ft Guaranty — 10S Oak. Antioch & E — 15
Honolulu Plant 6s 101%101% Western Pacific Ry 5s 82% — Oak ft Antioch Ry 20% —
Hunt Land ft Imp 6s. — 101 Weed Lumber Co 105 110 Oro Development Co.. 42% 47%
Menlo Country Club.. — 100 Yosemite Valley R ss. — 89 Orpheum stock 19% 26
Monterey ft P Gry 6s. — 97 STOCKS Owl Drug common 75 —
Mntnal Electrics* 97 — Alameda Sugar 25 — [Pacific Hard ft S pfd. — 90
Miller ft Lux 5* 09% — August Oil — 30c Do common — 17
Mr Whitney Pow 65.101% — IBank of San Jose... — 170 Pacific Port Cement.. — 7".
Natomas Dey 6s 100 — Cal Cotton Mills 62% 70 Pacific Gas ft Elec pfd 93% 94
Do Land & Mm 6s. 99% — ICalifornla Life Ins... 17% — Do common 64% 65
Do 2d mtge 6s 69% 70%>C a l Pacific Title pfd. — 100 [Palace Hotel stock — 78%
Northern Cal Pow 6s. — 96 Tal Electric gen pfd. 78% — People's Water com... 8% 3%
Nor. West Elec isubs-110 — Central Cal Traction. 14 15% Pet & Santa Rosa Ry. 19 —
Oceanic Steamship ss. — 100 'Central N B of 0ak.150 165 !Portuguese Amer Bank — 60
Oak ft Antioch Rt s*. — OO 'Centra! Trust 116 — [Ponlsen Wireless C 7
Oro Water, L& P 6s. — 101 %'Cypress Lawn 2% — Sacramento Hotel — 11
Oakland Gas, L&H 65.11 l — [French-American Bnk. 92% — [Sansalito I.and ft F- .25 4.*"
Orpheum 6s 102% 103 General Petroleum ... 16% — Standard Cement — 22%
Pacific Port Oementßs,lon — Hawaiian Pineapple.. 43 — iSan Francisco Secor... 47% 52%
Palace Hotel 6s 103 - Honolulu Plantation.. 38% 39%' San Joaquin Light ft P 14% —
Pet & Santa Rosa ss. 93% 95 i Do pool — 39%:ganta Cruz Cement — 42%
Do 6s 90 95 'Honolulu Oil — I.3s'Sperrv Flour 29 —
Philippine Tel 5s 83 83% Italian-American Bnk. — 122%! Do preferred — 101
Do fis 97 — Kern Land Co 180 — [Union Ice Co 55 —
Riverside Cement 65.. — S2V.'Key Route pfd 84% — Vulcan Fire Insurance. 13% —
SFft S Joaquin Vss. — 111% Do common — 22 Western Pacific Ry... 7% —
S F ft Nor Pacific ss. — 104% Mascot Copper 2% — 'Wells Fargo Bank — 186
Sierra ASF Pow ss. *- 97%'McBride Supar 9 — [Western Amer Realty. 11% —
Standard Cement 65.. 92 — [Metropolis Trust 70 — West Metropolis Bank. 80 —
Standard Electric ss. 92% — iMatson Navigation ...120 — Western Meat Co — 106%
B F Gas ft Flee 4%5. -- 94 'Mechanics' Sayings... 75 — Western States Life.. 11 11%
Do non callable 92 92% Noble Electric 16 17 Western Power pfd.. 59% —
Santa Cm* Cement 6s 86% — [Nat Ice ft C Storage. — 70 Do common — 30%
South Cal Edlsoti 6s. — 97 |
Fatrvw G Bid 02 03! Raw Coalition. — 01
Nev Hills ...1.67 I.72|Round Mt 37 38
Aurismrnt Directory Couatoek Mine*
Company— No. Del. Board. Sale Day. Amt.
Sierra Nevada.. 81 Sept. 21 Oct. 16 .10
Ande* 77 Sept. 23 Oct. 17 .05
Savage 23 Sept. 23 Oct. 24 .10
Seg. Belcher... 51 Sept. 28 Oct. 25 .02
Hale A Norc... 31 Oct. 1 Oct. 24 .05
Union Con 31 Oct. 12 Nov. 6 .15
Bullion 24 Oct. 13 Nov. 6 .03
Yellow Jacket.. 42 Oct. 27 Dec. 3 .10
Exchequer 23 Oct. 27 Nov. 20 .03
Be*t A Belcher. 100 Nov. 1 Nov. 25 .05
Ophir 90 Nov. 3 Dec. 9 .15
OIL STOCKS
* j.
SAN FRANCISCO STOCK EXCHANGE
Bid. Ask. I Bid. Ask.
Asso OH ..44.37 —INew Pa Pet 57 58
Brookshire.. 58 —{Palmer 23 —
Cariboo — I.2s|Fremier — 43
Claremont.. 60 — IPyramid 13 —
Coal Central 20 —|Republic ... 26 • —
De Luxe ... 70 —.Silver Tip... 53 65
Kniptre 75 —8 W A 8... IS —
Home — 85 Sunset Mon.. — 1.10
Maricopa 36. 25 50 Turner 80 —
McKittrick.. 09 —[United 0i1... 30 —
Mid Premier 25 —IW Coast pfd.75.00 —
Monta Cristo 1.30 —|W X Oil Co. 1.75 2.00
LOS ANGELES OIL EXCHANGE
{Special Dispatch io Tho Call]
LOS ANGELES, Oct. 9.—There -were hot few
sale* posted at the morning session of the local
stock exchange today. Oil stocks and Industrials
were practically the only securities which showed
activity, although the mining list wu changed
considerably. Union was in brisk demand and
United Petroleum quotations weer unchanged.
The call in the afternoon waa considerably more
active. The call:
Producer*— Bid Asked
Amalgamated OH Co 88.25 34.50
American Pet. Co. (com); 50.50 51.00
Associated Oil Co 44.12% 44.50
Bear Creek OH A Mining C 0... — .54
California Midway Oil Co 17% .19%
Central Oil Co 1.10 —
Fullerton Oil Co 2.50 -__•
aide Oil Co 08% .12
Mexican Pet Ltd. (pfd) 99.00 100.50
Mexican Pet. Ltd. (com) 86.00 —
National Pacific Oil Co 92%
New Pennsylvania Pet. Co 37 .61
Olinda Land Co. (oil).. '38 .46
Pennsylvania Midway Oil Co.. .07% —
Plru •til & Land Co 25 —
Rlcs Ranch Oil Co 1.00 —
Union Oil Co 97.75 97.87%
Union Provident Oil Co 97.37% 97.62%
United Petroleum Co 97 25 98.00
United Oil On .*. 31% —
Western Union Oil Co 75.00 —
SALES
Morning Session
10 American Pet. Co. (com) "9-60
10 Union Oil Co 9(.73
Off Board
3,000 California Midway Oil Co 19%
Afternoon Be*sion __
15 Union Oil Co 97.87%
10 American Pet. Co. (com) 50,50
10 Union Provident Oil Co 37.50
8,000 National Pacific Oil Co 02%
Off Board
450 American Pet. Co. (com l 60.5©
—■ ,' 1 —.. ■ ♦
GRAIN MARKET
Wheat and Other Gralna
Wheat—Firmness In Liverpool and Chicago,
which waa accompanied by sharp gain* la specu
la five prices, wa* reflected In the* local spot mar
ket and price* for all grades were steady and
unchanged. The firmness in Chicago and abroad
waa doe to the Balkan •Itnatloo. bat it was be
lie-red in some quarters that Europe wonld have
to commence buying wheat soon whether there
wa* war or not.
The government crop report, indicating a
spring wheat yield of 17.2 per, acre, against 15.2
September 1, wa* mere bearish than expected.
CASH WHEAT
California white Australian. $1.55*91.57% per.
ctl; California club. $1.47%Q1.50; northern club,
$1.47%«j|1.50: Turkey red, 31.57%-31.60; Bus-.
*Lan red. $1.47%«*1.50; forty-fold. $1.52%£1.55;
blneatem, $1.85321.57%*.
FUTURES I
No sales or quotations.
Barley—Future* opened very atraag la the local
pit yesterday morning and prices for both options
had a quick jump of 2%c per cental, but the
market calmed down shortly afterward and most
of the early advance was lost. December opened
with sales at $1.44% and receded to $1.43, clos
ing at that figure, against $1.42% on the pre
ceding day. The distant May option closed at
an advance of a quarter of a cent o-rer Tues
day's closing price of $1.44 after selling up to
$146%. The spot market had a steadier tone,
and although $1.45 was a top price with nearly
all traders a sale of choice bright feed was re
ported at $1.46%. Oregon barley was offering at
$1.40 and $1.42%. A line of 4.700 centals came
in from the north.
CASH BARLEY
Choice feed. $1.45 per ctl: No. 1 do. $1.40®
1.42: off grades. $1.3501.37%; shipping and
brewing, $1.47%@1.52%: elevator, $1.70@1.80.
FUTURES
11:30 a. m. Session
I Option— Open. High. Low. Close.
December $1.44% $1.44% $1.43 $143
May. 1913 1.46% 1.40% 1.45% 145%
2 p. m. Session
December $1.43% $1.43% $1.42% $1.43
May, 1913 1.44% 1.44% 1.44% 1.44%
Oat*—The market ruled steady at unchanged
quotations yesterday, though business was of
rather small proportions. Receipts Included
7.135 centals from Oregon. New red for feed,
$1.65@1.75 per ctl; red seed. $1.57%®2.10. In
cluding recleaned: spot white feed, $1.55*31.60:
black seed. $2.10@2.25 for choice and $1.90(33
for common.
Corn—Eastern yellow, in bnlk, on track, $1.72
per ctl: eastern white, $1.80. Market largely
nominal.
Rye— Offering at $1. 47% @ 1.50 per ctl.
Forelsrat Pntares
LIVERPOOL
Wheat— Oct. Dec. March.
Opening 7 10% 7 7% 7 6%
Closing 7 10% 7 7% 7 6%
PARIS
Wheat— Oct. Jan. April.
Opening $1.44% $1.42%
Closing 144% 1.42%
Flour — Oct. Nov.-Feb.
Opening $6.39 $6.21
Closing 6.40 6.23
CHICAGO BOARD OF TRADE
Fat-are Grata aad Pravlaloaa
CHICAGO. Oct. 9.— War news overshadowed
everything else in today's wheat market. In con
sequence there was a net advance of %ftl%c.
with the fueling at the close strong. Foreigners
were reported active buyers, a-id American specu
lators showed even keener desire to take ad
vantage of a possible big bulge in prices. The
government crop report, which turned out to be
•gainst the bulls, came to late to affect the mar
ket. December swung from 91%<g91%c to 93% c,
with last sales 1%@1%c above last night at 93%
@93% c.
Corn closed %<9*%e up.
Oats closed at a gain of %(ij%c.
Provisions closed dearer by 5@17%c.
Chtcaso Grata aad Pros-tsloa Futnres
(Furnished by B. F. Hotton & Co., 490 California street.)
CHICAGO, Oct. 9.—Tbe leading fßtores ranged a* followa:
Wheat— Open High Low Close Ort. S Year Aso
Deeembsr 30.92% $0.93% $0.91% $0.9.5% $0.91% $o.9S' t
May 96% 97% 97% 96% I.ot>»
July 93% 94% 93% 94% 93% 99%
Corn—
October 64% 64% «4 64<~_ 64*
December 53% 54 r.3% 83% 33% 64%
May .«... 52% 53% 62% 53 02% 65%
July 63 55% 53 33)( i>- T s ••'■•
Oats-
December 32% 32% 32% 32% 3_% 47%
May i 34% 35 34% 85 .".4"', 50%
July 34% 35 34% o5 34%
Pork —
October 17.22% 17.22% 17.20 17.20 17.10
January 19.67% 19.85 19.67% 19.82S 19.67' i. 15.19
May i 19.12% 19.30 19.12% 19.27H 19.X) 14.97%
Lard—•
October 11.77% 11.90 ]1.75 11.93 11.77% ».80
Jannary 11.17% 11.90 11.15 11.2 T. 11.17% *.77%
May 10.62% 10.75 10.60 10.70 10.65 8.97%
Short Bibs— *%_»
October 10.97% 11.05 11.00 11.05 10.95 a. 12% W
January 10.37% 10.47% 10.37% 10.47«4 10.40 7.87%
May 10.17% 10.25 10.17% 10.25 10.17% 7.97%
Caah Grata aad Provtsiaaa
CHICAGO, Oct. 9.—Cash quotation* were as
followa: Floor, steady; No. 3 rye, 9&_Q9c; feed
or mixing barley, 49«52c: fab- to choice malting
barley, 60®72e; timothy seed. $3(04; clover seed,
313Q15; meta pork, 31T._0ei7.23; lard, la
SUMMARY OF
THE MARKETS
Forelgners heavy sellers of Mock*
on Wall street exrhauge.
Trading in the copper shares
quiet-s dorm.
Speculative coffee market gaining
strength.
Cotton closes lower, despite late
bujlnj- rally.
Bar silver and Hoagkcng ex.
rhangr easier.
Sluggish local market for mining
stocks.
Balkan war news sends wheat np
In Chicago pit.
Government crop report proves
bearish.
Barley options open btgb. but set
tle down.
Situation in spot grain market un
changed.
Another spasmodic decline In but
ter.
Conditions In egg market Irregu
lar.
Prices for fresh apples still point
ing downward.
>'o further chunges In dried fruits.
Wild geese on sale In local mar.
kef.
All kinds of poultry in free supply.
tierces, $11.92%; short rihs. loose. $10.50@n.2.-*
GRAIN STATISTICS
Total clearances of wheat and flour were equal
to 663,000 bushels. Primary receipts were 1.863.
--000 bushels, oomoarr-d with 1.156.000 bushels the
corresponding day a year ago.
Fstimated receipts fo r tomorrow: Wheat. 60
ears; corn, 193 cars; oats, 224 cars: hogs, 15.000
head.
CHICAGO, Oct. 9.— E. F. Hutton & Co.*
wire says:
"Wheat—War news from abroad has n?er
shndowed everything else in today's whsat
market. The war declaration by Montenegro
against Turkey, forestalling Intervention of the
powers to prevent it. has created complications
that are likely to be far reaching. This view
at least appears to be felt by speculators In
all directions. Stocks »re lower, consols off.
»nd a general feeling of uneasiness has pre
vailed. It has all tended to make a higher
market for wheat, the price of which had been
previously showing stubbornness without
war stimulant. The trade has apparently for- 7
gotten, or at .least ha* ignored the govern
ment report, due at the close and expected to
make a bearish showing. There have been re
ports of foreign buying of wheat future* here
snd at Winnipeg and of cash wheat here *nd
In the southwest. The purchases here are of
hard winter for the east, and the amount not
specified, but believed to be fair. Cash demand
has icen curtailed rather than otherwise by
the war talk. Much realizing has been don<»
In wheat today, but it has evidently not been
sufficient to offset the extra called from larger
shorts who have been Industriously covering.
Ohio crop report mikes field 10.500,000 bush
els, against 36.000,000 last year and 10,090,000
estimated by the government last month. In
addition to the sale of *_0,000 bushel* of do
mestic wheat here today, there has been «
sale of 50,000 bushel* hard winter wheat for
export.
"Corn—Ranged higher, influenced by rough
weather that was fairly general all over ths
belt, and by the wheat strength. There has
been enough profit taking to cause a little re
action from extreme too. Cash demand has
been slim, not being stimulated by war talk,
and many of the best early buyer* of furores
reduced or unloaded their holding* on th*
advances. Ohio report makes October condition
93 against 91 a year ago and comparing with
government fjeures of ss last month. Sale*
were about 120,000 bushels.
"Oats have been affected by ths wheat
strength, the war talk and further good export
and domestic demand. Prices have Improved,
but the trade haa kept In mtnd the probability
of the government report showing a larger yield
per acre than was indicated In the September
report. Domestic Fales were 275,000 and ex
port 250.000 bushels, but the export hous»s
concede that there is a steady export trade
for oats all tbe time. Ohio report made yield
R3.000.000 bushels against 80.000,000 indicated
In September government report.
"Provisions have ranged higher, new Invest
ment buying being a factor largely through pri
vate wire concerns. Shorts bavo also covered
»nd there has been much taking of profits by
longs among larger local packers."
New York Grain Market
NEW YORK. Oct. 9.—Wheat—Spot, strong:
No. 2 red. $1.05 elevator and $1.04% f. o. b.
afloat; No. 1 northern Duluth. $1.01 f. o. b.
afloat. Futures closed I%c net higher. Decem
ber, $1.00%; .May. $1.04%.
Minneapolis Grain; Duluth Linseed
MINNEAPOLIS. Oct ft.—Wheat—December, 90
<?J9oi4c: May 95 %c. Cash wheat-No. 1 h*rd.
f»2'"r: No, 1 northern. 895t92c: No. 2 northern.
SG(f/S9U,r: No. 3 wheat. R4U(frßs%c. ___
Corn—No. 3 rellow. S7%fir**B%e. ▼
Outs—No. 3 white. 301;®31c.
P.ve—No. 2. 6!%rji64%c.
Barler 40Tft»->.
F1ax—31.70%ei.71%.
DULUTH. 0"t. 9.—Linseed—On track. $1.73%;
to arrive. $I.flo*Wj; October. $1.67%; November.
$1.63 bid: December. $1.57 bid; January. $1.57
bid; May $1.00 nominal.
Cereal Crops
WASHINGTON. Oct. 9.—Neyer before have the
great cereal crops of the United States been *o
bountiful a* those of this year. Records of pro
duction for almost every cereal have been sur
passed in some Instances by millions of bushels.
The October crop report of the department of
agriculture, issued today, shows that spring
wheat, oats, barley, rye and hay all have ex
ceeded the best record productions, while the
crops of corn and potatoes, from present Indica
tions, also will be the greatest ever when har
vested.
Speaking of this great showing made by the
country's farmers, James Wilson, secretary of
agriculture, said:
"The ci-f>p* are the heaviest on record. Tbe
season has been favorable, but some credit Is
due to the wide efforts made In late years by the
federal government and the states to help farm
ers throughout the country to get better returns
from the Average acre.".'
The world has been searched for better plants
by the department of agriculture and Its scien
tists lisve been creatine new plants by hvbridlza
tion. Twenty eight million pieces of literature
have been sent out by She department. In addition
to advices from the state stations. More than
3.000 000.000 bushels of corn, almost 1.500.000.000
bushels of oats and 330.000.000 bushels of spring
wheat have been grown. The states in the north
west are harvesting the greatest crops ever grown
there.
"It looks as if we wont have to import any
potatoes this year.'* said Secretary Wilson in
commenting on the reeonl potato crop.
Details of the report by states follow, in part:
The number of bushels ncr acre, the total pro
duction in bushels aud the quality, in per cent,
of oats:
Pro-
State— Yield. dtiction. Quality.
South Dakota 33.8 52.0:52.000 91
The same figures for spring wheat:
Pro-
States— Yield. dnetion. Quality.
South Dakota 14.2 52.540.000 88
Washington 20.4 26,459.000 »1
The condition of corn on October 1 and the 10
year average condition on that date, by state*,
follows:
Ten yesr
States— 1912- average.
Texas 7" 69
Sooth "Dakota 84 SI
.
Crop Report
WASHINGTON, Oct. 9.—The government's Oc
tober crop report, issued today, shows:
Corn—Condition. 52.2">: acreage, 27.9; produc
tion, 3.016.000.000 bushels.
Spring wheat—Acre yield. 17.2; production,
330.391.000; quality. 88.7.
All wheat—Acre yield, 16.0; production, 720,
--433 000
yield, 37.4; production, 1,417,172,
--000: quality. 91.0.
Barley—Acre yield. 29.7: production. 224,619,
--000; quality, 80.2.
Buckwheat—Condition, 89.2; acre yield, 21.4;
production. 18,000.000.
Potatoes—Condition. 85.1; acre yield, 108.8;
production. 401.000.000.
Tobacco— Condition. 81.8: acre yield, 816.0;
production. 974.000.000 pounds.
Flax—Condition. 83.8; acre yield, 9.8; produc
tion, 29.000.000.
Rice—Condition, 89.2; acre yield. 33.4; produc
tion. 34.000.000.
Apple*—Condition, 67.8.
Liverpool Wheat
LIVERPOOL, Oct. ».—Wheat—Spot, steady;
No. 3 Manitoba, 3s 3d; futures strong; October,
7a 10% d; December, 7a 7%d: March, 7h 6%d.
Corn—Spot, steady; new American kiln dried.

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