The herald. [microfilm reel], February 28, 1895, Page 11, Image 11

About The herald. [microfilm reel] (Los Angeles [Calif.]) 1893-1900

Image provided by: University of California, Riverside; Riverside, CA

                
IN THE COMMERCIAL WORLD
Navel Oranges Advance 15 Cents
Per Box
LOCAL PRODUCE QUOTATIONS
The Bottom Almost Dropped Out oi the
Butler Market *■""
■
Eggs a Little Weaker—Whral does Higher at
Chicago—The Genet al Market
News
Los Angeles, Feb, 27.
The Fruit Exchange directors held their
tisual Wednesday session and transacted some
ousiness that will please the orange growers.
The principal sub ect under consideration was
the question of raising prices. After a pro
longed discussion it was decided to advance
choice snd fancy navels 15c a box. This will
make the price of the former #1.90 and the
alter $9.15.
Fancy Florida fruit is now entirely opt of
the market, and this has stimulated the de
mand for California navels. In view of the
extraordinary demand for navels, the ex
changes feel justified in raising the p.lces, and
tis an t cipaled that there will be no decrease
in orders on account of the slight raise.
The demand for seedlings docs not yet war
rant an advance in prices. It' is not improba
ble, though, that an advance will be made
later in the season, as all signs point to an ex
traordinary demand for all classes of fruit.
LOCAL PRODUCE
Wholesale and Retail Quotations. Corrected
Daily
Los Angeles, Feb. 27.
Tiie f,atur«s of the produce markets is the ex
treme weakness df butter. The bottom has
practically dropped out, and commission men
are selling for any figures they can get. The
fresh pastures have wonderfully increased the
cream producing powers of the cows, and but
terine is cutting no small figure in depressing
l the market.
FgRS are a little weaker, but still hold close
to the quotations of the past few days.
Quotations follow:
Provisions
Haras-Rex, per lb, I 0: picnic, 6* H e; bene
less, Be.
Bacon -Per IK,l X , Ilex, boneless breakfast,
10',!<■; 'light medium Be; medium. Be.
fuiedbcef -Per lb, set, 12c; insides, 13^0.
Dry salt pork—l'cr lb, clear bellies,
short (dears, 7' 4 c; clear backs. 0' 2 t'.
Pig Pork-Pcr half bbJ, HO lbs, t)7.50.
Card-Per lb, ivory compound, tierces, 0' 4 e;
rexoline. 7> k e; pure leaf, »JaC.
Butter
Creamery—Fancy 2 lb squares,
28 o/. squares, 30432^0.
Dairy-Fancy %lb squares, .'JOail.' 1 ... •. 28 oz
•quares, 22 , ,a27 1 .; C: 28 oz rolls, zoa22' a c:
f*ir to good 28 02 rolls, L7|£a2oo,
Pickled—Nominal.
Kggs
California ranch—l3al4c
Cheese
caifornia—Full cream flats, 12' 2 c; Young
America, I3'a; hand. 14!- a 'c; half cream,
flats, 8c; Young America, 9c: hand, 10c
Kastern—Cheddars and twius, 14al4}jc.
1 mported—Swiss, 23a25e; Edam, per doz.,
•$4.5040.50; limberger, brick, 14
aloe; Westphalia, Kockford, 40c.
Poultry
liens -per doz, $4.25a4 50.
Young roosters—s4.2sa4.7s.
Old roosters—94.ooa4.oo.
Broilers-:fc3.50a4.25.
PUOla—s4.soas.Oo.
Turkeys—llal'Jc per lb.
Geese—76easl.oo per head.
Vegetables
Beets—7scniKl.ro per 100 lbs.
Cabbage--70a80c per 100 lbs.
Carrots —75ca51.00 per 100 lbs.
Cauliflower-50c per doz.
Green onions—2oe. per doz.
Lettuce — 12a 15c per doz bunehea
Parsnips—Boa9oc per 100 lbs.
onions-fK1.25a1.40 per 100 lbs.
Turnips-bOaOOe per 100 lbs . /
sweet potatoes—si.4oal.oo per 100 lbs.
Grain and Hay
Barley—Per cwt, feed, 85a90c; seed, 95ea
$1.00.
Corn—Per cwt, $I.loa 1.15.
Wheat—Per cwt, $1 .00a1.05.
Hay—Per ton, alfalfa, #12.00a12.50; barley,
915.00a16.50: oat<, ipl5.0Oalo.O0; wheat,
¥15.00a16.00.
Citrus Fruits
Lemons—Uncured, $1,0041.25; cured, $2 00
$2.50.
Oranges—Per box, f. o. b., shippers' quota
tions: Extra fancy Washington navels, $2.25;
ancy navels, $2.00: choice, $1.75; standard,
(1.50: extra fancy seedlings, 81.75 i fancy
seedlings, $1.50; choice, $1.35; standard,
MtM
Potatoes
Local—7saßsc,
Northern-90cafK1.20.
Dried Fruits
Apples—Sun dried, sacks, per lb, sc; boxes,
Sale; evaporated fancy, 9aloc.
Apricots—Fancy, Ba9e: choice, 6a7c.
Peaches— Fancy unpeeled, 7aHc: peeled, 12
a 14c.
Nectarines—Fancy, Ba9c; choice, 6a7c.
Pears—Fancy evaporated, sa7c.
Plums—Pitted, choice, 7a9c.
Prunes—Choice, boxes, oa7c; sacks, 4a6c;
fancy, OalOc.
MlHetuffi
Flour—Los Angeles, $3.40; Stockton, $3.70;
: Oregon, $3.25.
Bran—Per ton, local, $20.00; northern,
$17 50.
Shorts—Per ton, local, $22.00: northern,
f 18.50.
Rolled barley—Ter tun, $20.(10.
Cracked corn—Per cwt, $1.20.
Feed meal—Per cwt, $1.25.
Hides and Wool
Hides—Sound dry, per lb, 7' 2 'c; culled, 7c;
sound kips, 7c; culls, oc: sheep pelts, nomi
nal.
Wool--4a6c.
Fresh Heats
Butchers' prices for wholesale carcasses:
Beef—s! 3 a»ic per lb.
Yeal —5l- 2 a70.
Mutton—6a7c.
Pork—Oc.
Livestock
Hogs—Per cwt, $3.75a4.00.
Beef caltle~-52.50a3.00.
Calves—s2.7sa3.2s per head.
Honey and Beeswax
Honey- Comb, Bal3c per lb; strained, sa7c.
Beeswav—2oa2Bc per lb.
SAN FRANCISCO MARKETS
Call Board Prices—drain and Produce "love,
ments
San Francisco, Feb. 27.—Wheat — Steady;
M»y. 90'.ic: December, in; ■
Barley—Quit; December, 74 :, ic; May, 75J fc c.
corn-81.22' 2 .
Bran-$13.50.
Flour—Family extras, $3.25(33.35: bakers'
extras, pa 16(93.26; superfine, $2.10(02.40.
Wheat—Market steady. '1 here is a fair de
mand for shipping at 82W#88JiC; choice,
83> 4 c; milling, 87) Walla Walla. 78V
(a,Bl' t c for fair average quality; for
blue stem; 72H(0V75c for damp stock.
Barley—A steadier feeling seems to be devel
oping. Feed, fair to good, 72\&073\; choice,
75c; brewing, 85@90c.
oats— Milling, W1,U2W11.15; Surprise, $1.03
M 1.16; fancy feed,$1.00(»l.oo: good tochoice,
95ci$$t.OO: fair to good, 00(595c; poor to fair
82^987W0; black, $1.1091.25; red, $1.05(a)
l.i7!i: gray, **
Receipts were:
Flour, sacks 5.700
Wheat, centals 00,000
Barley, centals 1,035
Beans, sacks 1,753
Potatoes, sacks 2,891
Onions, sacks 313
Bran, sacks 1,395
GRAIN AND STOCKS
Pointers on the /larkets by Private
Wires
Los Angeles, Feb. 27.
De Van & Rutledge, grain and stock brokers,
furnish the following market bulletins for the
benefit of local speculators:
The receipts of wheat and corn at primary
points have been almost sensationally small
iv comparison wilb those of the past two years
LOS ANGELES HERALD: THURSDAY MORNING, FEBRUARY 28, 1895.
(it corresponding period, Kansas City and St.
Louis on some days not receiving a. single
bushel, which should draw emphatic attention
in an almost forgotten impression that farmers
hold iery much smaller stocks than usual, of
which fact evidence is accumulating on ail
s 4«*.
Tag tears Item lo rely on tliclr oldconjunng
words, "big visiele supply," but that phrase is
becoming very stale Millers at many West
crn points have been ttdabhj to get enough
wheat lo keep them l uuuiiiK, and the scarcity
oi supply is indicated by tlie fact that cash
wbeati;: Chicago, which should, undor nor
mal conditions, be s(<t)7o over Kansas city and
St. Louis, is about le und r the price there,
while reports front our customers from some
usrts of Illinois near ihc uver say they ha?e
been getting more Tor their corn to go to lowa
than they could realize by sending it to Chi
cago Minnesota and the Dakotas have also
for s long lime b fen drawing corn from Illi
nois and Indiana, and are now increasing their
orders
l.a-e private cables quote Liverpool strong
with fin upward tendency.
Cnieago market:
Opened. High. Low Closed.
Wheat, cash . Rl?i
Mar D4U 34 1 j 54 54' f
July 55' * '5*5 &5 5Sh
Corn.eish ; 4.P 4
May 4IV 3 45-; e 4f' 1 * f? *
July 44'n 45 4*H 44 7 „
Oats S«?|
May fc «Sjja
Pork, May . 910.9"! iBIO. 1-] a 'siO. lo
( ourse of the San Francisco market:
Wheat-May, OP „ ' 4 , 01, OOI*.1*. %\ closed at
11:15 a m session, OO'-jc; December closed at
Barley —May, 7b l closed at 11:15 a. in.
session at7d'"gc: December 74&0<
New York stocks:
Opened. High. Low. Closed,
Sugar 01 Mjg 01 gift
Chicago Oat.. 70 T 8 tX% " (,7 s *Va
St. Paul s'-'. 6h% 55VS 55» a
W.U.TeI. CO. 87 7 s 875 8 87., 87%
C. B. it Q 70 . 70' B 7o 70 U
Manliatiin ... 107'j 108 I*>7S 108
Lake Shore ... 137;, i:i7' a 187J^
Lackawanna.. 150 159 159 150
N. J. Central.. B'P,£ 85 1 1 *Vl% 85
North western. 98H SO Mtj H
Distillers B'* 8M 8* 9 B:J'i
Heading 9ss 9% 9?s »M
CHICAGO MARKET
Wheat does Higher Than It Has Before for a
Month
Chicago, Feb, 27.—Wheat opened steady and
about unchanged. The arrival of two cargoes
ol wh at at Xew York from Portland, Or.,
caused some temporary weakness, but other
items of the early news of an opposite char
acter gave the price a sharp upward turn.
Cablegrams from Paris reported thai the mar
ket was firm and advancing and the weather
continuing unfavorable. Liverpool wired that
the market there was strong because of a
demand from France for off-coast cargoes, and
ilie effect of that here was to raise the price of
May rapidly froiu 53? fl to 54 r, B , the latter being
a higher rate than has been reached before for
a.mon th.
The first trading was at front the
effect ol the French cables quickly neutralized
when New York dispatches arrived saying that
the receivers of the bullish dispatches from
France were sellers of wheat in New York.
There were reports from country points in
Missouri and Illinois enough to cheek the
bullish enthusiasm, us they described the ap
pearance of tiie wheat plant as it emerged
from beneath the snow us being uninjured and
healthy. A reaction to 54c followed the lat
ter news. Receipts at Minneapolis and Duluth
were 330 cars against 420 a week ago, and 209
on the corresponding days of the year before.
Primary market receipts, all told, were 479,
--000 bushels; the export clearances of wheat
and flour from Atlantic ports amounted to
326,000 bushels. The closing cahles began
firm and the inquiry for wheat at the seaboard
reported good: the market had begun to firm
up agaiu in the afternoon.
Corn was firm for five minutes or so in the
morning, but ruled easier later and gave but
flight response to the midday strength in
wheat. Toward the close it was rather weak
at about \4p decline and closed at yesterday's
prices. May started at 45" vs? a c, sola " down to
45 1 8 and closed at 45\g@!4.
Trading in the oat market was rather limited
with a range of only in values. Fluetua
lions followed thoss of corn very closely. May
sold from 29 r :* to 29 and between these
two prices all day. At the end lie higher was
bid., '"'''v V S nrw^io>
The provision market was in the main in
clined to weakness and' closed' finally at de
clines of ~!i c ou cork and 5u on lard and ribs.
Home offers of long stuff whs well received and
the traders concluded that it could not be dis
posed of without causing a great, decline, and
they were willing to accept at present and the
reforee ceased their efforts after a moderate
loss.
The leading futures closed as fol'ows:
Wheat No. 2—
May 01-xasi*,
February 54 ia)s4\ g
July 543 8 @55
Corn No. 2—
February 43?b
May 48>.<1945>«
July 44j£§44?2
Oats No. 2—
February 28%
May 29*
June 2B!i
Cash quotations were as follows:
Flour—Steady: Winter patents, $2.25((5'2.60;
straights, 82.0UU2.50j spring patents, $3.00@
3.50: siraights, $2-00®2.75: bakers' extras,
$1.75@2.H>.
Wheat—No.2 spring, Mt%o4%i', No. 3 spring,
nominal: No. 2 red, 61;V#52! 3 .
Corn—No. 2, 43 1 .,.
Oats—No. 2, '.:9c; No. 2 white, 32fjt
82Ml No. 3 white, 31J 2 ((534.
Rye—No. 2,5i; 3 .
Barley — No. 2, a2!„'Js3' 2 c; No. 3, 50852..c:
No. 4, 50.
Flax seed-No. 1, 51.29.
'I'imothy seed—Prime, $5.85.
Mess pork-I'er bbl. $10.00.
Lard—Per 100 lbs, $6.32!j.
short Ribs-Sides, loose, Vft.lofljS.lo.
Shoulders- Dry salted, boxed, $4.02'»@4.75.
Short clear—Sides, boxed. ff5.4Wn55.45",
Whisky—Distiller's finished goods, per gal,
51.35.
On the produce exchange today, the butter
market was dull; creamery, ll(a)21c; dairy,
9(* 19c.
Kggs were unsettled at 20@27c,
Article. Receipts. Ship'ts.
Flour, barrels 15,000 12,000
Wheat, bushels 21,000 20,000
Corn, bushels 149,000 48,000
Oats, bushels 279,000 14,000
Kve, bushels 12,000 0,000
Barley, bushels 88,000 15,000
San Francisco Vegetable Harket
San Francisco, Feb. 27.—Vegetables—There
was not much variation in prices today. The
receipts included 42 boxes asparagus, 4 boxes
rhubarb and 15csacks peas.
The quotations were as follows :
Hothouse cucumbers—4oc{9sl.oo per dozen.
Asparagus—B'ail6c per lb.
Rhubarb—B[j#loo.
Peas— Green, 4f^Mc.
Peppers—tlreen, 3ta)4c.
Turnips—soc per cental.
Beets— per sack.
carrots—3o:9soc per cental.
Cabbage—s(>@Uoc.
Garlic—3®BUQ per lb.
Cauliflower—BOlffiOc per doz.
Peppers—Dried. 12mg>15c per lb.
Okra-Dried, Vi%c.
Wool riarket
Boston, Feb. 27.—The American Wool and
Cotton Reporter will say tomorrow of the wool
trade;
The consumption of wool since last writing
has probably been equal lo the weekly aver
age, but the market was lower than during
Junuaiy, though fairly steady. Foreign ad -
vices are somewhat more assuring. Sales of
the week amount to 1.025 500 lbs domestic
and 453,000 foreign. The sales since January
1 amounted to 25,385,350 lbs.
Philadelphia, Feb. 27 —Wool in moderate
and steady. Territorial aud North
western light line, 8(#lOe; heavy line, 7(a)9c;
fine medium, lU'iOMr. medium. Ilflni3.;;
quarter blood, 12(9>t3c; coarse, 10^(12c.
The Orange Market
New York, Feb. 27.-Oranges-Quiet; Cali
fornia navels. $3.25(94.50; Florldas, $I,OOM
3.00.
Cabbage
San Francisco, Feb. 27.—California seems to
be the cabbage patch of the United States at
this moment. In the winter from 15 to 25
carloads of cabbages are sent to Texas and
Missouri river points, but this year, owing (o
the great southern aud southwestern freeze,
the quantity is doubled and the movement
eastwa-d is now from 30 o 5o carloads per
week. The cabbage* are loaded al Col ma and
Baden and some even go from San Francisco.
They are now bringing fifty cents per cental.
REAL ESTATE TRANSFERS
Wednesday, Feb. 27.
C W BelW#il et ux, to W Stevenson—
lot 2 •, 9] and I*2 blk cc, add No 1
to Monrovia. .. 300
N C Carter ci ux, lo H M Hatch -Part of
F'ancho Lofl Cproiai, 800, Id, town
3 S, raiue 1 t W,' w li M . 250
Nancy M tfftasjr to Ida R Helfrish-Lot 4
blk i, Harvey trt 1,030
T Eraser el ux, to Mrs B Slack -SB cor
lot 2 blk 33 Griffin aid Bast los
A ngeles 500
Carl Kftiss to Mrs L orey fuss -Property
at Hope and Court House sts . . 2,500
M J Conlev to M Landsbc rg—K -7 ; a feet
lots 17, 18, 19 and 20 blk 21, Woli
skill Orchard trt 950
8 A Overlioltzer to Maggie A Masteriou
Lots 3 and 4, Lordsburg . 300
Clara E Bennett et con, to fr B Bennett,
trustee—Lot 28 Dana trt I,*joo
Melissa M Hill et eon, to Eunice C llor
ton—Property at Pickering L & W
co's sub 125
A H Duttlip et ux et al, to A .1 Stevens
—80 acres adjoining lands of O W
Matten . 600
Mary Hammcl, executrix, to s A Butler
-Lot 1 blk 3 llammel A Denker
trt ..... ... 2,500
East Whittier LA WCoto A H DunUp
-Water right al Whittier 500
Eilen 8 C Bowker et eon, to H Lapham
— Lot 38, Ellcndale Place J. 500
H Eaton it a, to Lin ma Mac Eaton et
al—2o acres more or 1 ss. formerly
known as the .1 lieddick Place 2,000
G 1 Brown to M E Picktes-W of Sec 3
townshipO 200
Southern California National Bank to
Mrs N Bey—Lot 4 blk 2 w Rosas trt 800
Eli Hawkins to M .1 Brooks--23 4-iO
acres adjoining Moreno trt and land
of Aaron Muller 9,510
J Newell et ux, lo J W Gibson Part lot
25 Lick trt 3,000
G L Travis et ux, to C R Bloomquist—
Lot 5. Aicauison Grove li t 2,500
Kaiheriiio C Morrison lo S Dorsey—Lot
37, Eleventh St blk 500
Rosedalu Cemetery Assn to C B Booth-
Lot 129 blk M 300
C Maholm et al, to O H Ferry—Lot 241
Wingartor trt . 125
R A HUchings to V M Kelsev, admin--
S 20 ft lot H and N and part lot 7 bik
32, Crd's survey , 192
F M Kelsey, admin, to Msriquita Du
bourdteu —Part lots 8, N, and 7 blk.
32, Old's survey, and frame build
ing 550
First Presbyterian church to Hannah C
Madden—Piore.ty at Second and
Rroadway 500
Raehael Eds et eon, to T J Reed-Lot 8
blk 76, Pomona 190
E L Barhei to Russell Manfg Co- SW U
see 9. township 8, N R 101
N Lindenfeld executor, to A Vicugliano
—Lot 8 and part lot 9 of Alanis Vin
yard trt 2,000
A B Noble to W Noble—Lot 1 blk J
Walnut Grove trt 700
T J Keed to .1 Reed—Lot 8 blk 76,
Pomona . 190
C Cole et ux, to Crystal Springs Land A
Water Co-Part of lot 8 bik 33, H
survey 1000
Deeds ....... 65
Nominal.. . 34
Total
BUILDINU PERMITS
Wednesday, Feb. 27.
W Toss, dwelling Bunker Hill bet
Third and Fourth 300
s Ludiow. dwelling, Eleventh and
Maple 850
F E Packard, dwelling and barn,
Temple bei Bonnie Brae and Bur
lington . 1.000
B Fanta, dwelling, Tenth and Cnlon 2,400
LE Tyler, dwelling, Consul bet Union
and Belmont 3,500
C ft .dinger, dwelling, Ruth bet Sixth
and Seventh 500
0 Barkelow, office building, Hill and
Washington 350
M McDonald, barn, Washington near
Han Pedro 2,500
P F Tracy, alter to dwelling. 327 W
Seventeenth 100
W W Greek, dwelling. Thirty-first be
tween Orifilth und Central 300
C Rldinger, dwelling, Ceres bet Sixth
and seventh 400
C It Frev, dwelling, Rlnine between
Eighth and Ninth 1,000
C A Bridge, barn, Ruth bet Sixth and
Seventh 00
Denver Building Co,, dwelling. Los An
geles bet Fourteenth and Fifteenth 1,000
Mrs M A Moore, dwelling, Thirty-eighth
bet Grand and Figueroa 750
L W Blast, dwelling, Kohler bet Seventh
and Eighth 110
J J Voaburgh, dwelling 1020 s Pearl . 2,000
J H Little, add to dwelling. loOH s
Pearl 450
1 Clary, store building, 630 New High.. 20
W Hock, dwelling, Lovelace bet
Twenty-first and Washington .. --8,400
0 C Bonncll, dwelling, Key West bet
Thirtieth and First liOOO
N Ellis, dwelling, 223 Thirty-first 200
S MeCray, dwelling, Twenty-eighth bet
Griffith and Central 2,200
CALIFORNIA GENIUS
A Record of Patents Issned to Residents of
the Golden State
Messrs. Hazard & Townsend, patent attor
neys, furnish the following complete list of
patents ißsued to residents of California for
the weekending Tuesday, February 19; ■
(.'becking and unchecking device —James Ar
not, jr., San Francisco, assignor of one-half to
W. H. Roden,
Machine for making leather loops—Friend J,
Binham, San Francisco, assignor to Seamless
Leather Company, Chicago.
Thresher—Thomas A, Bryerley. Stockton.
Fly screen—Sidney K. Deacon audit. P. Lot
speicb, Los Angeles.
Cultiva or—Robert Franken, Los Angeles,
asafgnor of one-half to W. L. Johnson,
Bod coupling—Ellcry M. Hotglaud, Salinas.
Bolt—Joseph Hodgson, San Francisco.
Water or gas pipe—David J, Mcpherson, Pas
adena.
Magazine gun —Benjamin W. Pettit. assignor
of one-third to M. Greenberg, San Luis Obispo.
Electrical apparatus for operating dental
implements—Oscar fit, and A. F. Pieper, San
Jose. ~..,» .. - . ■ ■
Lubricator—Milo B. Wibble and H. D. Pres
sey. Areata.
Collar button—George H. Williams, Los An
geles.
Vehicle seat-Thomas C Shsnktand, Oak
land,
Key ring—John C. Schlarbaum, San Fran
cisco.
Conduit for electric railway—Alfred Rozen
holz, assignor of one-half to S. J, Clarke and 11.
S. Brown, San Francisco,
Trade mark for medicinal preparation of ex
tract of malt—William H. Ward, San Francisco.
MARINE NEWS
San Pedro, Feb. 27;
Arrival!!
Schooner C. 8, Holmes, from Port Blakely,
Johnson, master, with 595,000 feet o[ lumber
for Southern California Lumber Company.
steamer Warrior, Trefetben, master, from
A valon.
Departures
Schooner Beuiah, for Columbia River, in bal
last.
Steamer Laguna, tor San Francisco.
Steamer Warrior, for Avalou, with passen
gers and merchandise for Wilmington Trans
portation Company.
Liverpool Market
Liverpool, Feb. 27.-—Wheat-Spot firm;
demand moderate; No. 2 ted winter. 4s;
No. 2 red spring, 5s .'id; No, 1 hard Man
itoba, 5s 2d.
Futures closed firm and higher.
February, 4s 7| 2 d; March, 4s April, 4s
7J-id; June, 4s dt-id; July, 4s BJ a d.
Corn—Spot, firm; American mixed, new,
4s la d .
Futures closed firm, with near and dis
tant positions 1 farthing higher; February, 4s
iWd; March, 4s l*,d; April, 4s May", 4s
l§2d; June, 41 lffd; July, 4s 2}£d.
Flour—Firm; demand fair; St, Louis
fancy winter, 5s Od.
Hops—At London, Pacific coast, £2 15s.
London Stock Market
New York, Feb. 27.—The Evening Post's
London cablegram says;
The American loan has given general satis
faction here. Details are exactly as cabled yes
terday. A few small men got "their applica
tions in full. The price has raised to 5J 3 pre
mium, applicants having oversold previously.
There is mucli talk about the speedy return of
the bonds to America, and also talk of gold
shipments recommencing from America.owing
to the firmness of exchange.
The tone of the market was firm, consols ris -
ing on government purchases and foreigners
on the buovam yin Paris. Americans were ir
regular, but bad a better tone, except for the
flatness of Erie and Northern Pacific.
Cotton Market
New York, Feb. 27. -The cotton market is
steady, with prices I@3 points higher on near
mouths while the later mouth* were un
changed. The course of the market through
out the session was irregular and within a
narrow scope, generally weak as to undertone
and quiet and steady ut a net decline oi l(g>2
points at the close. Total sales, si,too bale-.
MONEY, STOCKS AND BONDS
Henry Clews' Weekly Financial
Review
THE NEW GOVERNMENT LOAN
Rumored Resumption of Exports of
American Gold
Uood Prospect, for a Turn In th. Tide of
Speculation In Wall Street.
Financial Notes
Los Angeles, Feb. 27.
Henry Clews, in his weekly financial re
view of February 33d i sizes up the monetary
situation as f .Hows :
Wall street is fairly taken by surprise at the
stupendous success attending (he syndicate's
negotiation of tbe new treasury loan. Two
weeks ago all was in the gloom of utter uncer
tainty as to whether tho treasury couid be kep.
afloat or must sink from lack of rescue. Now
the stilus of the public credit is elevatM) be
fore the world by bids for ten limes the orufftlnt
of offered, and by the fact that the major
part of the subscription is made in Europe.
This fact, isas remarkable for its revelation of
the large amount of capital seeking employ
ment as It is for its evidence of the still high
standing of our national credit. The result so
far exceeds all that Wall street has been antic
ipating that it is taken by surprise by the sud
den appearing of a new situation for which it
has not been prepared, nnd the utilization of
which it lias as yet no immediate plans. How
ever, there can be no second opinion as to
what all this portends. There is noplace for
"bearing," and buying must henceforward be
the order of speculation, backed by a large
reinforcement of confidence in London and ou
tha continent Indeed, we take it that the
events of the past week will strike the keynote
for a revival of confidence the world over, and
for a general recovery of business thai has
held in suspense for the last three tears. We
may expect to witness at an early day the ef
fects of trie- marshaling of men of capital for
promoting a lively speculative campaign; but,
during the interval of preparation by those
leaders, the market may not show any espe
ciallysLiiUiug changes.
Bull speculation in Loudon in American se
curities is likely, from all indications, to soon
start up, and it will probably be as pronounced
as it has been in the opposite direction since
the Baring panic of November, 1890. The
Rothschilds and other leading London bankers
had a foreshadowing of the overloaded condi
tion ofthe Baring firm, and, in anticipation of
their c llapse, were quick to shift their load of
Americans to this side; and there has been no
time since then—now four and a half years —
that the London attitude has been not only to
discourage the buying oi American securities,
but to encourage the selling of everihing
American. Tiie foreign press has also been
dead against our investments, and their at
tacks have been of a most vigorous character.
The immense subscription in London to the
currant bond loan is an evidence that foreign
ers have a higher estimation of the intrinsic
wortli of United States government bonds than
we have iv this country. The signal success
in floating this loan cannot fail to lead the
way to a revival of confidence in American
rkllrogd securities which are now down to
prices that should make them inviting, for
speculative ventures ai least. The speculative
spirstinall the European money centers is
rampant, as we have indicated, from the
African gold craze. The silver movement in
the senate has come to an end, not only with
outserious consequences but with significant
symptons of its growing weakness which will
afford an opportunity for other important
measures to be called up, including the Pool
ing bill, which, together with the appropria
tion bills, will about fill up the short t me
remaining of this wretched congress, the end
ing of which will terminate, to a very large
extenl, the suffering of almost every house
hold throughout the land. It would certainly
appear from all present indications that better
times are at haad.
To recapitulate, the things in sight to be
considered in diagnosing the situation, are the
following:
The Pooling bill may yet pass this Congress.
The adjournment of Congress now near at
hand.
The new crops will bring the benefits accru
ing from a sheltering winter.
Hie opening of the spring trade has every
fair promise.
The 9100.C000.000 gold reserve is made
good.
The London connection, under the lead of
the Rothschilds, with the new government
loan, again opens tiie door in London to Ameri
can securities.
The big profits that will be realized trom tho
bond negotiation may be expected to encour
age tiie buyingof other American securities on
an important scale.
The prospects, therefore, are quite good for a
turn in the tide of Wall Street.
IN WALL STREET
Speculation Irregular and Business Light.
Appreciation of Values
New York, Feb, 27,->Speculation on the
stock exchange was irregular on a light vol*
time of business*. The market opened firm
rfnd there was a very general advance in
prices which was led by the Canadian Pacific
with a gain of l per cent. An exception to
the general strength was United States Leather
preferred, which was sold on the declaration
uf a dividend of only I per cent instead of 4 per
cent as was ant icipated. A break of fP 4 per
cent was made, the stock touching 50 before
any supporting orders were found; (hen came
a rally to 59 l 4 s, which was the closing price.
The common stock fell off t% closing at a
recovery ofper cent, The general market
was fairly held up to 11 o'clock at which
hour most of the shares dealt in had recorded
an improvement. Then came sales to realize
profits, which resulted in a reactiou of .!4(5(11 Si,
Missouri Pacific leading therein. In exception
to the general recession, Cotton Oil Bay State
lias and Consolidated Coat moved up 1 per
cent and a few other shares a fraction. After
midday the trading became stagnant and the
movement of prices in the usually active list
was very narrow. In the specialties Consoli
dated (ias advanced l.Lj, Bay State lias 1%;
Michigan Central sold down 2*4 per cent With
out a rally.
During the last hour the coal shares came
into prominence, particularly New Jersey
Central. The last prices compared with the
closing sales of yesterday In the main show an
appreciation in values.
The bond market, ruled quiet but generally
firm during the day. Among the inactive
mortgages there were some notable recessions,
particularly Oregon Navigation collateral 5s
trust, which sold at 88 against 80 on December
20. The total sales weres4s4,ooo.
Closing Stocks
New York, Feb. 27.—The closing quotations
were:
Atchison 4 :U. P.D .& Gulf... 9
Adams fix 142K Northwestern
Alton,Terre 11... 35-j. do pfd .JIBP
do nfd N.Y. Central .... 07%
American Er 109 N.Y. AN. Eug... 20%
Bait. A Ohio 53 'Ontario *fc West, . 15*
Can Pacific 441^[Oregon Imp 10
Can. Southern... 4S£ fc OregonNav 15
Dentral Pacific. . 12J H OregonShorlLine
Ches.it Ohio llij 4j «fcNdrthcrn 4',
chic. A Alton.. 1140 PaeiiicMall . .. 21' 4
c. it. iij 70 Peoria Dee. it fi.. 2J a
Chicago Gas 71!, Pittsburg 1155
con. Gas 132 Pullman 154!^
C. C. C. A St. L... 357» Reading 9.»
Col. Coal A Iron.. 5 RlchmondTer....—-— •
Cotton Oil 20.. do ptd
Del. A Hudson .12«»- Rio G. Western... 18?,
Del. Lack. W 1583* do pfd 43
D. AR. G. pfd.... 34 Rock Island HIU
Distillers Hfc Sl.Paul . 55* j
East Term lo pfd 117' 2
Erie st Paul A O 30
do pfd Id do pfd 100
FortWavne Isff Southern Pacific 17V
life North'n Pfd 100 Sugar Retlnerv. . 9t%)
UstX.ll. Pfd BO Trim. ( oal Alron 14
Hooking Valley in 7 * Texas Pacific i
Illinois Cen B<> *mi it.O.CenpM 7*',
St. Paul it Duluth 20 rnlonPacilic >'„
Kan. Ib l ex. pfd. lip; I*. 8. Express 40
Lake trie A w... I", 1 l Wabash, St.Louis
do pfd 70 A Paci lie ft
Lake Shore .184*14 do pfd I-'* ,
Lead trust 27. Wells- Fargo Ex lOj
1., it N itij-K Westernl'nion 87',
LA N. Albany. .. «*, Wheeling* L. E.. 8 7 8
Manhattan con ioh do pfd 88
Memphis A char. Hi Minn.Ast. h 26! - 2 1
Michigan Cen.. . 04 . A R. G .11 |
Missouri Pacific. 10 Gen.Electric 28 7 - 8
Mobile A Ohio 11 Nat. Linseed ... 10
Nash. A chat 04 Col. Fuel A Iron. 24
Nat, rordage s!g do pfd 55
do pfd 8w H. A T. C W%
N. V. central 84% Tol. A. A. * North
.Norfolk & W. pfd. 11 Michigan 1
North American.. %% Tol. m. 7.. aK. c. l
Northern Paciilc. 2'„ do pfd 7
North'n Pac pfd 13 1 ,, Ainci ieanTobac.. 08
80. K. X . lv do pfd 103
do pfd 31' a St. P., M. it M....105
tßid.
Bond List
New York, Feb. 27 —The official cosing quo
tations ou the board for the bond list is
as follows;
U. P t ss, reg 116 Den. &R. 0.75. ..114
do.js, coup . .110 1 do 4s ... 80' i i
do**, reg .... 112 li Erie Seconds 55 I
do 4s, coup If. ,t S. A. 6s. 93 1
do 2s. Reg 105 do 7s 100
Pac. ss, of 'O.V.f.un H. AT Cent .105 |
Ala., class A .104 do da. 102 j
do Class R. ...loft M. K. T. Ist 4s .
do class C 05 i do2nd4s
do Currency.... 05 Mutual Union Oat 111 1 !" j
La. New Cons, 4s. 9,1 N\ J. Cen. (ion.s#ttlJ2 !
Missouri rts 100 North. Psc Ist*..UK
N. Carolina Os 125 do2nds HZ
do 45.... .. 99 N. W. Consols . ..140
P. Car. Non-Fund. \% do h K. deb, 5s 110
Term. New Set 6. 3* RioQ, W. lsts.. 05',^
do , r >« .100 SL Paul Con. 7s f 135
do :is do c. A P.W 5s 109-V
do Old 6s 00 St.L.i£ I. M.Oenos 77
Va. Centuries . &U% St.L. <t SFGen tis. 103
do pfd 0. 4 Tex. Pac lsts ... 94 7 a
Atchison 4s 1 do 2nds 2*»>|
do 2nd A If. P. lsts of '99, .10.J
Canada So, 3ndi .too west shore 45.., .105
C. i'ac. Ist of '95 100', I
t Bid.
Government bonds—Firm,
state bonds—Dull.
Railroad bonds Steady.
/Tlning Shares
Pan Francisco, Feb. 27. -The official closing I
quotations for mining shares today were as
follows;
Alta 31 Julia 01 I
Alpha Con 08 Justice 09
Andes , .. 23 Kentuek Con 14 i
Belcher 41 Lady Wash'n Con. j
Belle Isle :Mexican 73
Uest A Belcher 75 Mono 20 I
BodieCon 80 Mt. Diablo 10
Bu lion 20:N'avajn 05 i
Bulwercon 14 Occidental Con... .08
Caledonia OtPOidiir 1.55
challenge Con 34 Overman 13
('hollar 52 Potosi 48
t rmtidenee 1.15 savage 41
Con. Cal. it Va 2.45 Heorpion . .02
Con. hnper al 01 Sierra Nevada 81
Con. New York ... — Silver Hill . .04
crown Point 42 Silver King 10
Exchequer 02 Union Con 43
Could tt Curry..... .44 I'tah Con 05
Grand Prize Yellow Jacket 52
Hale A Norcross... .95
Boston Quotations
Boston, Feb. 27.—The closing quotations
were;
Atchison 4 V\%
Bell Telephone . 192 San Diego
Burlington 70 |
Honey Quotations
New York, Feb. -7.—Money on call easy at
lLj percent: last loan at llg per cent; closed
at lj a ' per cent.
I'rinie mercantile paper—3Jg(a>s 3 a percent.
Sterling exchange—Firm, with actual busi
ness in bankers' bflltat f|4.BBU(jK.BSW for de
mand and $4.B7ftfi 87' 4 for 60-day b-lla.
Posted rateß-$4.H7t 5 (d)4.88 and $4.83®
4.90.
Commercial bills-$4.861>(^3.8I > (^3.86 I s.
Kiiver oertitieates— tiQ%c bid.
San Francisco, Feb. 27.— Sight drafts oh New
York, per 9100, 12',c.
Telegraphic, 17
London, Feb. 27.-Bank of England discount
rate, 2 per cent.
Consols, 104 , £.
Silver Bullion
Pan Francisco, Feb. 27.—Silver bars, per
ounce, Ou^igOOSc.
Mexican dollars, 48^@49c.
New York, Feb. 27.—Silver bars per ounce,
UO^c.
Mexican dollars, 46^c.
London, Feb. 27.—Bar silver per ounce,
27 11-ltid.
Petroleum
New York. Feb. 27.—Petroleum — Steady;
Pennsylvania oil sales, none; March option
sales, closed at 104 bid: Lima oil isles, none.
Chicago Live Stock Market
Chicago, Feb. 27.—Cattle—Tbe market was
firm and 10c higher Heayy common, 98,60®
5.85; bulk, $4.20(45.25: cows, heifers and
bulls, 91.50a4.25; Texans, $3.50»3.65.
Hogs-Steady; prime heavy. $4.30(114.35;
lights, $3.95(3)4.00; common heavy, $3.80£
4 uO; common light, $3.70(^3.75.
Sheep and lambs were weaker. The range of
quotations for sheep, £2.50*4 40 for poor to
choice, and lambs $3.25(95.35
Receipts—Cattle, 12,000; calves, 400; hogs,
44.000; sheep, 11,000.
Sterling Exchange
New York, Feb. 27.—The sterlingexchange
market today showed a small volume of busi -
ness. The tone was fairly firm at slightly lower
rates. The inquiry was good, chiefly by for
eign houses which have been sailors of the
stocks in this market at London account.
There has been an attempt to create the im
pression that there is some danger of gold ex
ports, owing to the fact that exchange is ap
proaching the shipping point, but it has borne
no fruit, as there is a firm belief that the bond
syndicate has the market well in hand,
Atchison Reorganization
New York, Feb. 27.—The reorganization
plan of the Atchison company provides for the
issue of $102,000,000 common stock, $75.
--000,000 preferred, $25,000,000 prior lien
bonds, $150,000,000 general fours and $5,000,
--000 adjustment fives.
The Failure of Haight
Ban Francisco, Feb. 27.—The impression that
Robert Haight, the commission merchant,
failed for $70,000 is erroneous. Bis assets are
$1,924 and his liabilities $13,104.
WEATHER STATISTICS
Observations at Los Angeles and at Other
Points
United States Dipartment or Agriculture
Weather Bureau's Reports, received at Los An
geles February 27, 1895. Observations taken at
all stations at 8 p. in.. 75th meridian lime:
Tera.
Tm. w'
; 77 '
72 '
| H4
i 72 I
i (14
i. «(>
I til i
I 54
; «0
50
84
82
76
74
70
«8
76
6B
62
52
BW iciear
[NW Clear
c'lm clear
N Clear
* jciear
W Jciear
I8E Clear
NW Clear
N ICIoudy
|N U'tCUly
Weather Bureau
Los Angklfj, Feb. 27.
Temperature—Report of observations taken
at Los Augetos'February 25th, .Note—Barom
eter reduced to sea level.]
Bar. i
r> :00 a. ra.
5:00 p. m.
SO' H I
I 77 I 3a ! sw
Maximum temperature, 84.
Minimum temperature, 50.
Rainfall past, twenty four hours, .00.
Rainfall for season.
Weather Forecast
For Southern California: Fair; nearly sta
tionary temperature; light to fresh northerly
to westerly winds.
The Most Simple and Safe Remedy for a
Cough or Throat Trouble is "Brown's Bronchial
Troches." They possess real merit.
S. R. COOPER & CO.,
Bankers and Brokers,
114> j S. Main it. Telephone 140U
Chicago Grain
New York .Stocks
S. F. Wheat and Barley
Bought, sold and carried on margins. Daily
circular and littlo books on speculation. Of
HOW TO MAKJfi MONEY, mailed free. |
COTTOI.F.SF.
I Growing |
I More Liberal
JK That' 3 what Hie human race IT
is doing —particularly the KMf
American part oft. f9J
There are a few left who are fZ\
Vv satisfied with ancient history,
j yi3 But most people are ready to
j Oft apply modern progress and ftl
; common-sense tothetreattnent
i Jg? of the human stomach—an
I VSO organ that demands its rights Rsf
whether or no; that resents the ft)
! insults of worn-out methods. i£\
w All this is to emphasize
facts aboi* Q#
ICottolenei
OJr There was once a prejudice JfP
against Cottonseed oil. ButyO
f people who aic alive, who in
vestigaie, who have no bigotry
in their composition, haveVß?
found that pure, refined cotton- Up
Ah seed oil combined with selected fist
j£ beef suet is a better article in /§£
every conceivable way than Vjr;
hog's lard. And so they wisely UB
in use itforcooking—audarccor- n»
27-. rcspondiugly healthy aud hap- Ajk
py. The sales of Cottolk.nE W
{<U arc enormous and constantly MO
increasing ; a proof that it is u\
27 appreciated by appreciative
QJf persons. Ask yourgroccrforit. VP
Sold fn three and five pound pails. Vjr
2? The N. K. Fairbank Company, W
f*J et.Louis. Cliicasto,New fork.Boston, fin
E.C.TRUESDELL
d. D. s.
Room 133, Stimson Block.
Artificial Teeth
A SPECIALTY.
Difficult and irregular cases solicited
Gold and porcelain crowns and prids6.,wsryk.
Fine gold tillings.
All work lirst class lti every particular.
Young Trotting Stallions,
Fillies and Geldings,
jjf\ A DRAFT FROM
$52 PALO ALIO STOCK FARM,
Will he sold at
PUBLIC MUCTIOrt
At SANTA ANA,
Tuesday, March 12th, 1895,
And LOS ANGELES,
Wedneday, March 13, 1895.
-Sale will take place at 11 a. ra each day at
the respective race tracks, at either of which
the stock as catalogued may be seen from Sun
day. March 10th, until sale.
sent upon application.
KILLIP & CO., Auctioneers,
30 Montgomery St, San Francisco.
I Liebig COMPANY'S.]
! Extract of Beef j
i Tills world-known product h»s receive* \
j highest .wards at .11 the Principal--'
! World. Exhibitions since 1807, and since.''
) 1885 lias been dec ared ■<
- HIE
COMPETITION]
DR. WONG HIM, who has practiced medi
cine in Los Angeles for 'JO years, and
whose oflice is ai 030 Cpper Main street, will
treat by medicine all discuses of women, men
and children. The doctor claims that he has
remedies that are superior to all others as a
specific for troubles of women and men. A
trial alone will convince the sick that Dr.
Wong llim's remedies are more efficacous than
can be prescribed. D:. Wong Him is a Chinese
physician of prominence and a gentleman of
responsibility. His reputation is more than
well established, and all persons needing his
services can rely on his skill and ability. A
cure is guaranteed in every re so in which a re
covery is possible. Herb medicines for sale.
DR. WONG HI7VY.
HERB DOCTOR,
639 Upper Main Street, Los Angeles.
P. O BOX '-"Jr. STATION C. (
l.os Asuei.es, Cal, .lune 17, 1894. i
To the Public: 1 have been suffering with
piles and kidney trouble for over five years,
and have tried several remedies, but all failed
to relieve me. A short time since 1 tried Dr.
Wong Him, 6tf9 Upper Main street, and 1 am
now well and strong, and consider him a first
class doctor. Yours truly,
W, H. HILI.YKR,
235 S. Hill St., Los Angeles, CaL
Los Anuelks, June 9, 1893.
To the PUBLIC: For over five years I have
been troubled with nervous sick headache aud
liver complaint. 1 didn't seem lo find any help
from the many doctors «nd medicines that I
tried until 1 tried Dr. Wong Him, «39 Upper
Main street. lam now well. Your, truly,
MISS M. li. BROCk.
48 Hinton aye., Los Angeles, CaL
TO THE PUBLIC:
Los Angei.es, Cal., Juljr SI, 1894.
DR. WONG HIM, «,!9 Upper Main st.
Dear Sib : I take pleasure in adding my tes
timony to Ihe many you already have received.
1 will sky thHt after taking your treatment for
i-utarrh ut the head and throat, thai 1 am now
will, nnd ask you to roier to me any person
that may feel skeptical and I will satisfy them
as to the efficacy of your treatment. Your,
truly, „ P- E. KING, ,
Attorney and Notary Public,
Garvansa, Cal
PERRY,
LUMBER VKRD
AND PLANING MILLS,
1 30 Commercial ■!., • Loa Angeles, CaL
11