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The herald. [microfilm reel] (Los Angeles [Calif.]) 1893-1900, July 21, 1897, Image 9

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THE INVESTOR
OFFICE OF THE HERALD,
Los Angeles, July 20.
The New York Financier in Its last Issue
takes the following view of the situation,
which is instructive as representing the
prevailing feeling in financial quarters of
the metropolis: Despite the heavy Increase
of $11,000,000 In loans, and a reduction of
over $7,000,000 of the cash reservo of the
banks last wee k, money rates have shown
no advance, iind with the completion of the
July settlements, the market ha» resumed
Its old time ease. A cash reserve of over
$40,000,000, coupled with the fact that In
terior banks are loaded up with funds,
does not confirm the probability of an
early advance, although In this connection
It Is Interesting to note that money is so
placed that it would require but little mo
mentum to bring about a firmer condition.
The fact that the loans of the New York
banks are the highest on record Is proof
positive that a great deal of business Is
doing, and the broadening tendency of In
vestment buying Is a most healthy sign.
Municipal bond sales for the month of June
were In excess of sixteen million dollars,
and several millions additional were loaned
temporarily to cities in anticipation of
taxes. The Northwest refunding plan
will require an immense amount of money
this fall, and the Metropolitan Traction
Company is arranging for a $12,500,000 loan,
which will be consummated within the
next few days. This is' the season when
country balances generally diminish and
rediscounts begin. In 1885 this movement
was a feature of the season, and there is
no reason why a similar change should
not now begin. It must be said, however,
that the movement this way more than
counteracts the outward shipment of cur
rency. Money has been going principally
to the southern states- is response to re
discounts. It is said that one bank in; New
York Is carrying nearly or quite $20,000,
--000 on call, and that foreign lendlngsat this
center have been considerable. The largest
amounts of idle money are owned by cor
porations. On call, funds have been freely
placed at from 1 to 1% per cent at the
Block Exchange with a maximum figure of
1 per cent for outside business. Time
money is inactive, with quotations at 2
per cent for 30 to 60 days, 2% per cent for
(0 days and 3 per cent for longer periods.
Government bond collateral brings a shad
ing from the above rates. Commercial
paper Is more active, with the appearance
of a great deal of jobbing paper in the
market. Quoted rates are 3 and 3% per cent
for best double names, 314 and 3% for single
names ot the highest grade, and 4 and 5 per
cent for paper less well known,
+ ♦ ♦
The London Dally Financial News says:
"A new era has been discovered for coffee
planting. Hawaii—which, by the way. has
now practically been annexed by the United
States—ls found to be well adapted for this
purpose, and numerous patches of wild
coffee trees are to be found throughout the
group of Islands. Mr. Hawes, our consul
general at Hawaii, says that the cultiva
tion of coffee has progressed greatly during
the past five years, and thinks that it will
untlmately be placed on asound and profit
able footing. At present the position is very
similar to that of Ceylon In the early days,
when plantations were commenced In un
suitable places, and much money was lost
before planting began te be successful. Mr.
Hawes very properly Impresses catition on
young Englishmen with capital who (nay
think of trying their fortunes in Hawaii.
At present such enterprises would be ex
tremely risky, but when experience has
shown what districts are suitable for the
purpose, then will be the proper time to
make the venture."
♦> ♦ ♦
The production of aluminium In the
United States during the year 1896 was
1,100,000 pounds, as against 900,000 pounds
in 1895, showing a gain of 400,000 pounds,
or 41 per cent. As has been the case for sev
eral years past, the entire domestic out
put came from a single producer, the Pitts
burg Reduction Company, the plant of
which at Niagara Falls has been enlarged
and has been working at nearly full ca
pacity. It is interesting to note in this
connection that the United States has up
the present time produced more than one
third of all the aluminium manufactured
In the world, The principal European pro
ducer Is the Aluminium Industrie Gesell
schaft, with works at Neuhausen, Switzer
land, and controlling the Soclete Electro-
Metallurglque de France, with works at
Froges in France.
♦ ♦
The Journal of Commerce says: "Thefire
loss ot the United States and Canada for
the month of June, as compiled from our
daily records, shows a total of $5,684,450: a
light sum, and even less than the June,
1896, figures, which were gratifyingly low.
The following table will give comparisons
by months:
1895 1896. 1897.
January $U,895,«00 $11,040,000 $12,049,700
February .... 12,360,200 9,730,100 8,676,700
March 14,239,300 14.839.600 10,502.750
April 11,018,150 12,010,600 10,833,000
May 7,761.860 10,618,000 10,193.600
June 9,223,000 5,721,250 6,684,450
Totals $66,497,600 $63,959,550 $57,940,450
■*• ♦ ♦
The City Council of Helena, Mont., pro
proposes to furnish at Its own expense a
new object lesson for the benefit of invest
ors in bonds. The council refused a short
time ago to issue a bond payable in gold
to take up the outstanding legal warrant
Indebtedness, which establishes a prece
dent that will be watched with Interest.
As far as known, none of the cities and
towns and counties and districts of the
stale has taken th» position recently as
sumed by Helena, although Montana is one
of the leading silver states of the union.
At -n meeting of the council on June 22d.
ut which the subject was discussed, three
variously worded propositions for Issuing
bonds payable in sold or either in gold or
its equivalent, were voted down promptly,
and It Is proposed to try the experiment af
Offering an issue payable In lawful money
of the United States.
♦ ♦
The directors ot the Chicago & North
western Railway company have authorized
a mortgago for $163,000,000, to be dated No
vember 1 next, and to run 90 years, ex
piring November 1, 1987. The rate of Inter
est is not yet staled. A special meeting of
the stockholder.-* is announced for Septem
ber 22, at Chicago, to act upon-the proposed
plan, of the mortgage.
♦ ♦ ♦
The London Economist has taken occa
sion to make some interesting investiga
tions as to the extent of Barnato's opera
tions and the losses which their declines
represent. It, of course, takes no account
ot his early ventures In diamonds and dia
mond mines, which, indeed, were mainly
conducted as private enterprises, and It
should be noted that his remarkable suc
cese In this connection was what In, all
probability induced him to make dubious
financial experiments with disastrous re
sults, and at tho same time gave the public
an exaggerated opinion of his sagacity.
Excluding, also, some minor corporations
of the geld mining or promoting class, the
CONDUCTED BY OEO. A. DOBINSON
paper in question figures out that during
years In which he held his title of "King
of the Kaffirs," he floated compandesof the
kind Just referred to with an aggregate
capital of £7,803.000, or say $39,000,000.
+ + ♦
In the course of an article on the Ameri
can wire trade, the Pittsburg Dispatch as
sorts that there Is a movement on foot
annong German wire manufacurersi to drive
tho American out of the wire market. In
order that this may be accomplished the
manufacturers of the Rhenish provinces
are said to bo raising funds for export
bounties, and are otherwise strengthening
themselves for a big fight. Export boun
ties are to be paid out of this fund on all
shipments to foreign countries. The maxi
mum tonnage thus -subsidized has been
placed at 30,000 tons.
♦ ♦ ♦
A Mobile, Ala., man claims to have dis
covered a process whereby steel can be
made without the admixture of Cuban
magnetic ore or the use of expensive ma
chinery. In support of his claim he has
exhibited a block of steel made by his
process from red hematite ore from- the
Birmingham district ot Alabama. It is said
this steel was made at one run, avoiding
the costly and laborious processes hereto
fore in vogue.
REAL ESTATE
Seventeen mortgages were recorded yes'
terday aggregating $10,510, the largest be
ing for $2000 for 5 years at 9 per cent on city
property.
The sale is also reported of W. E. De
Groot's residence on Grand- aye., between
33rd and 24th, to P. D. Demens of Cuca
monga. The consideration Is given at
$12,000, of which $9400 was in land.
The sale Is reported of a lot 120 feet front
on Main by 150 deep on, 33rd, with two-story
frame building, for $14,000. The property
was bought by J. J. Kocher as a rental In
vestment.
The sale is reported of a29-acre Improved"
ranch at Anaheim, planted In bearing waU
nut trees, with water, for $9000.
A seventeen-room building on Bunker
Hill near First is also reported sold for
$4500.
INCORPORATIONS
The Ivanhoe Mining company, San Fran
cisco, capital stock $250,000; subscribed,
$2500.
Summerfield- Oil Development company,
Summerland. Santa Barbara county, capi
tal stock, $10,000; subscribed, $980.
Cobb Mountain Lumber company, Kel
seyvllle, Lake county, capital stock, $10,000;
subscribed, $1810.
El Dorado Consolidated Gold Mining com
pany, Angel's Camp, Calaveras oounty,
capital stock, $200,000; subscribed, $1700.
Hunt, Hatch & Co., real estate, Oakland,
capital stock, $50,000; subscribed, $6000.
The Ylck Luy Hen association, Los An
geles, incorporated today without capital
stock. The directors are Wong SI Fee,
Lucy Blng, Woop Puel, Chin Quong and
Jue Sue. The association Is formed to cul
tivate social and friendly relations among
the members.
The Yen Hoi company, Los Angeles, also
Incorporated today without capital Stock.
The purposes are of a social character, as
in the previous incorporation. The direct
ors named are Mock Chuck, Ng Geong
Ming and Quon Knock Kee.
ON 'CHANGE
What Was Done Yesterday on Wall
Street
NEW YORK, July 20.—The stock market,
after considerable early activity and
strength, closed l firm below the best prices,
but at fractional net gains. The strength
in sugar, lead and tobacco was in antici
pation of benefits to be derived from the
new tariff. The sugar company having se
cured a most acceptable schedule passed
both the house and presented to the Sen
ate, failed to justify the fears of a sensa
tional break entertained by some traders
after yesterday's eight points advance and
on the contrary opened up 1% per cent.
Subsequently It scored' an extreme gain for
the day of 4%. establishing a new record of
146%, and thereafter gradually declining,
closed with a set gain of 2%. Lead, com
mon and preferred, scored an extreme rise
of 2 per cent on enormous dealings, com
mon, however, later lost half of Its gains.
Generally speaking the Industrials w-ere
firm in the winding up of the revision of the
tariff. Grangers slid off somewhat on profit
takln, but the list entirely disregarded Lon
don's changed attitude In selling Ameri
cans. Generally speaking fractional re
cessions followed the noon hour on suc
cessful traders, converting profits into bank
deposits. Prices were from time to time
marked upward, but the tendency to ad
vance was checked by threatened Demo
cratic opposition to a prompt conclusion
on the tariff bill and no rumors of the possi
bility of the export of gold, due to the
largo ants tariff bill Importations, espec
ially of sugar, and to discharge obligations
due Europe for returned American securi
ties. The reported enormous decrease in
the world's visible supply and the conse
quent rise In wheat before the close In
fluenced a rally as It would mean Increased
demand for our grain, and Indeed the large
increase of exports for general merchan
dise for the week shows the present de
mand for our product. The bond market
continued to advance toward a high level
on purchases which Included a moderate
sprinkling of the gilt-edged Issues. The
Inquiry for continental account was mainly
centered In the speculative metlngs with
changes mainly narrow. The aggregate
sales were 2,500,000. Governments were
pressed for sale and yielded a fraction on
sales of $10,000.
Closing Stocks
NEW YORK, July 20-The following
are the closing stock quotations:
Atchison 12% Rook T 6 l an <i 76%
d 0 P f d 2.5% St L & 8P 3
Baltimore &O. 10 do pfd ay,
Canada Pac... 57 St Paul 87 "
Canada South. 61 do pfd 140%
Central Pac... 8% StP&O.... 66%
Ches & 0hi0... 17% do pfd... 145
Chicago & A...148 St P M & M 117
C B & Q 84% Southern Pac... 16%
C& E 1......... 40 So Railway. B%'
CCCAStL.. 26% do pfd.". 29%
do pfd 05 Texas & Pacific. 10%
Del & Hudson.l 22% Union Pacific. 6
PL* W 157 IT PD& G. 2H4
D&RG 11% Wabash '.. ;Ji.
do pfd 43% do pfd .' ISU
Erie (new) 14% w& L E vl
do Ist pfd.. 35% do pfd... c
Fort Wayne...l67 Adams Ex.... "152
Great N pfd....123 American Ex 114
Hocking Val... 3% U S Express-.!.!! 44
Illinois Central 99 Wells-Fargo 106
X, F & W 14% Am Cotton Oil.!! IS
do pfd 64% do pfd 63%
Lake Shore—l7o Am Spirits Hit
Louis & Naßh. 52 do pfd"... 29%
.Manhattan L.. 91% Am Ttfbsceo...!! 75%
Met Traction..lll% do pfd 108
Michigan Cere..loo Chicago Gas 96%
Minn & StL... 23% Con Gas 168'
do lsts pfd..83% Com Cable C 0...168
Missouri Pac. 21 Col F& 1 17
Monlle & Ohio. 18% do pfd 80
MK&T 13V» Gcn'l Electric... 33%
do pfd 32% Illinois Steel 34
N A&C % La Clede G«»... 25%
do pfd 1% Lead 32%
N J Central.... 88 do pfd 101%
N V Central....lol% Nat Linseed Oil. IS
N V C ffl St L.. IJ% ore Imp Oo -
do Ist pfd... 66 Pacific Mail 31%
do 2d pfd... 33 Pullman Palace. 166
Norfolk West.. 10% Silver Cert 80%
N Am Co S% Standard R* T. 0
Northern Pac. 14% Sugar 145%
do pfd 11% do pfd........111%
Northwestern, 118% T C * 1 28%
do pfd 163 U S Leather.... 7%
Ontario & W.. 16% do pfd 62%
O R & N 21% v i Rubber 10
Ore Short Line 17% do pfd 51
Pittsburg 166 Western Unloni.. 64%
Reading 24
Bond Lilt
NEW YORK, July 20.—The following
were the doling quotations or. bonds today:
b'Snli reg....12304 C P lsts of '96..101*,
.U S 4s c0up..124% D & R G 7s 110%
US 5s coup ....114% do 4s BS%
U 8 os reg 113% Erie 2ds .'. 66
U Sl4s reg 111% G H &5A65....10S
US 4s coup 112 do 7s 100
U S2s reg 9614 H & T Cen 65...109%
Pacific 6s of '95.101% do 6s 106
Ala Class A..,.106 M X & T Ist 45.. 84%
Ala Class 8.... 104 do 2d 4s 62%
Ala Class C ....118 Mutual Union 6s 107
do Currency 98 N J Central 55..113
La new con 4s. 96 N Pacifls 15t5...117%
Missouri 6s 100 do 2ds 56
N Carolina 65..126 do 4s 89%
N Carolina 4» 102 ROW lsts 77%
S C non fund 45..% Northwest C0n..145%
Term n set 35.. 82 do SPdebsa..H7
do 5s 105 St Paul Con 75..137
do Old 1*.,., ft do C& PW D 5.116%
Va Centuries.. 64 St L& I M gen 5s SO
Va deferred.... 4 S-t L& S F gen 65118%
Atchison 45..., 86% Texas Pac lets.. 93%
do sec As-.. 52% do Sds ...27%
Can So 2ds 107% U P lsts of' 96... 103%
W Shore 45....109% So R R 5s 90%
O R & N lsts..lll L & N 4s 82
Mining Stocks
SAN FRANCISCO, July 20-The official
closing quotations for mining slocks today
were as follows:
Alta 6 Julia —
Alpha Con 14 Justice —
Andes 15 Kentucky Con 4
Belcher 19 l Wash Con —
Belle Isle — Mexican' 83
Best & Belcher, .41 Mt. Diablo —
Bodle Con — Mono —
Bulwer Con — Standard 150
Bullion 9 Occidental C0n.... 9
Caledonia — Ophlr 65
Challenge Con.. 44 Overman —
Chollar 81 Potosl 47
Confidence .115 Savage 21
Con Cal & Va...,130 Scorpion —
Con Imperial.... 1 Sierra Nevada 65
Con New York... — Silver Hill 2
Crown Point .... JO Silver King —
Exchequer 2 Union Con 44
Gould & Curry.. 34 Utah Con 7
Hale & Norcross 85 Yellow Jacket .... 65
European Markets
NEW YORK, July 20.—The Evening
Post's London financial cablegram says:
The stock markets were stagnant today.
The only semblance of business was in
Americans and this was only trifling. Now
that the conference committee has agreed
upon the tariff bill It Is felt that the only
bull point for the moment In Americans Is
President McKinley's promised currency
message and It Is feared that unless that
be couched In strong and unmistakable
terms it may not prove so great an im
petus as is to be desired. Atchison adjust
ments are being bought here. Foreign
stocks were flat and the Paris and Berlin
markets were quiet.
Money Quotations
NEW YORK, uly 20.—Money on call easy
at 1 per centj, last loan 1 per cent, closed
offered 1 per cent; prime mercantile paper,
[email protected] per cent; sterling exchange firmer with
actual business in bankers' bills at 4.87%@
4.87% for demand, and 4.86%©4.86% for sixty
days; posted rates, 4.57ffif4.87% and 4.88®
4.88%; comerclal bills, 4.85; silver certifi
cates, 60%@60%.
SAN FRANCISCO, July 20.—Drafts,
sight. 17%: telegraphic, 20.
LONDON, July 20.-Consols, 112 13-16.
Silver Bullion
NEW YORK, July 20,-Bar sllever, 60%,
Mexican dollars, 46%. .
SAN FRANCISCO. July 20,-Bar silver
60%; Mexican dollars, [email protected]
LONDON, July 20.—Bar silver, 27 B-16d.
Boston Quotations
BOSTON, July 20.—Atchison, 12%: Bell
Telephone, 225%; Burlington. 84%; Mexican
Central, 8%; San Diego, 7.
CHICAGO MARKET
Yesterday's Transactions on the Board
of Trade
F H J C .. Q0 V July strength with
which the whoat market closed yesterday
was renewed at the opening today with %
OH advance in price. September started
with buyers at from 71%@71%, and some
few paid ,1% about the same time. Realiz
ing sales depressed it for a few minutes
to il%, but those offerings absorbed, the
price took a higher flight, and gave those
who wished to do so an opportunity to
realize 72 for their September wheat. A
number took advantage of that chance,
and had another opening to replace at 71%.
The foreign markets continued to be the
source of bull inspection. Liverpool was
1% higher than It closed yesterday when
first heard of, and later quotations showed
a further gain;, making the total rise 2%d.
Chicago receipts were 114 cars, 59 of which
were new. Last year 459 cars came to hand,
442 of them new. The five chief western
winter wheat markets received only 226,
--669 bushels In ail. New York reported fair
acceptances from the continent and lib
eral acceptances from the United King
dom- Beerbohm's cabled that the deficien
cy this year compared with last in ihe
Hungarian wheat crop would amount to
36,000,000 bushels. A cablegram from Ant
werp said reports of wheat In Central
Russia, and Donublan states were dally
growing worse. The heaviest cash busi
ness for exportation in Chicago In one day
for years was reported worked foday. It
amounted to within 10,000 bushels of a total
of 800.000 bushels, the greater part No. 2
Kansas hard and chiefly for the first half
of August shipment. The market was ex
tremely regular until the Important sale
for foreign shipment. The price was hang
ing around 71% when the 800.000 bushel ex
port sale became generally known, and
after that there was only one desire in the
crowd, and that was to secure some wheat.
September opened %@% higher at 71%@71%.
sold to 71%®72, to 71%i872%, closing 1%
higher, at 72%, Corn was weak under the
pressure of continued favorable weather
and increasing receipts. In oats a fair
business was transacted, principally in
July, which broke % to 17. Provisions were
firm on continued light hog receipts.
The lending futures closed as follows:
Wheat No. 2—
July 76%
September 72%
December (new) 78%©74
Corn No. 2—
July 28%
September 26%
December 27%
Oats No. 2—
July 17%
• September 17%
May 20%
Cash quotations were as follows: Flour,
quiet and firm: No. 3 spring wheat, 75%0
76%; No. S spring wheat, 70073; No. 2 red,
75%©76%; No. 2 corn. 26%026%; No. 2 oats.
17%; No. 2 white, 21%®22; No. 3 white, 19%
021%; No. 2 rye, 37; No. 3 barley. 29032 f.o.
b.j No. 4, 25%; No. 1 flaxseed, 51%052;
prime timothy seed, 2.75; mess pork, per
bbl., 7.7007.75; lard, per 100 lbs., 4.17%04.20;
short ribs sides, loose, 4.7004.73; dry salted
shoulders, boxed, 4%©5; short clear sides,
boxed, 5%05%; whisky, distillers' finished
goods, per gal., 1.19.
Receipts. Shipments.
Flour, bbls 8,000 3,000
Wheat, bu 45.000 8,000
Corn, bu... 482,000 762,000
Oats, bu 410,000 525,000
Rye. bu 8,000
Barley, bu..... 10,000 3,000
On the produce exchange today the but
ter market was steady; creameries, 10014%;
LOS ANGELES HERALD: WEDNESDAY MORNING. JULY , 1897
dairies, [email protected] Cheese, dull, 707%. Eggs
were Arm; fresh, 9.
Chicago Live Stock
CHICAGO. July 20,-Cattle—Native beef
steers sold at *.80®5.10, the-bulk of the of
fering at 4.2004.80; »lookers, and feeders
were slow at [email protected]; cos and heifers
steady; choice calves. 5.00.
Hogs—Stags sold largely at 8.6003.70, with
sales at an extreme range of 3.30®3.76. Pigs
brought 2.7003.70.
Sheep—Sales of common to prime sheep
were at 2.50®4.26; a good many western
sheep sold at 8.60®4.00, grangers selling at
the inside and fed lots at the top. with
export purchases at 4.00; lambs were active
at 3.5005.60.
Receipts—Cattle, 4000; hogs, 11,000; sheep,
12,000.
SAN FRANCISCO MARKETS
Call Board Prices of Cereals and Ship
ments Received
SAN FRANCISCO, July 20.—Wheat,
firm; December, 1.88%; May, 1.41 bid. Barley.,
steady; December, 78. Corn, large yellow,
nominal. California bran, 14.00014.50.
Flour—Family extras, 4.5004.60; bakers
extras, 4.4004.50; superfine, 3.60®4.10.
Wheat—No. 1 shipping, 1.33%; choice do,
[email protected]%; milling, 1.37%®1.42%.
Barley—Feed. 75080: choice bright, 82%®
85; brewing, 9501.02% for new.
Oats—Common white, 95®1.07%; good to
choice, 1.10®1.20; fancy .feed, 1.2501.30.
Receipts—Flour, quartersacks, 2912;
wheat, centals, 79,638; barley, centals, 7775;
oats, centals, 60; potatoes, sacks, 960;
onions, sacks, 110; bran, sacks, 1606; mid
dlings, sacks, 450; straw, tons, 11; wool,
bales, 498; wine, gallons, 34,400; brandy,
gallons, 350.
San Francisco Produce
Middlings—lo.oool2.oo per ton; California
bran, 14.00014.50; Oregon bran, 13.00013.50.
Hay—Wheat, 8.00011.50; wheat and oat,
7.00011.00; oats, 7.6009.50; alfalfa-. 0.0006.50;
clover, 6.0008.00; stock, 0.0007.00; com*
pressed wheat, 9.00010.50; straw, per bale,
35040.
Dry Beans—Pink, 9501.00; Lima, 1.50®
1.65; small white, 1.0001.10; large white,
900105.
Potatoes—New, In sacks, 35060 per cent
al; do In boxes, 6001.00 per cental.
Various—New red onions, ",u®Bo per sack;
Bay cucumbers, 20030 per box; dried pep
pers, 607 per lb.; garlic, 101% per lb.; com
mon asparagus, 6001.00 per box; choice do,
1.2501.50; green peas, 2%©2% per tb; string
beans. 1%®2 per tb.; bay squash, 26086 per
box; river tomatoes, 60065 per box; rhu
barb, 25040 per box; green corn, 5001.00 per
sack; egg plant, 60090; green oka, 50075.
Fresh Fruits—Apricots, Royal. 23050;
peaches, 25060; pears, 25040 per small box;
Ijongworth strawberries, 3.5006.00 per
chest; large do, 2.0003.00 per chest; goose
berries, 102 per lb.; blackberries, 1.7502.50
per chest; cherries, 15025; Royal Anne, 25®
40 per box: currants, 1.0001.50 per cheßt;
aples, 40050 per large box; raspberries,
3.0004.50; flgs, single layer, 20030; black do,
double layer, 40060; white do, double layer,
40060; watermelons, $6.00015.00 per hun
dred; cantaloupes, 1.5003.00 per crate; Fon
talnbleu grapes, 20040.
Citrus Fruits—Valencia, 2.0002.50 per
box; choice navels, [email protected] per box;
seedling oranges, 7601.25 per box; Malta
Bloods, per box; Mexican limes,
5,0005.50; common California lemons, 1.60
03.00 per box: choice do. 3.0004.00 per box.
Tropical Fruits—Bananas. [email protected] per
bunch; pineapples. 1.5003.00 per dozen:
Persian dates. 6 per lb.; Smyrna figs. 130
14 per lb.
Dried fruits, jobbing prices furnished by
the San Francisco fruit exchange:
Apricots—Fancy Moorparks, 12%: choice
do, 11%; fancy do, 9; choice, 8; standard,
6%: prime. 5%.
Apples—Evaporated, 6%®6; sun dried, S
04.
Peaches—Fancy, 6%; choice. 5%: stand
ard, 4%; prime, 4; peeled, In boxes, 10%.
Pears—Fancy halves, 6; fancy quar
ters, 8.
Plums-Pitted, 4; unfitted, 1%.
Prunes, four sizes, 2%®2%.
Nectarines—Fancy, 6%; choice, 4%;
standard, 4.
Figs—Choice white, 3; black, 4.
Raisins—Jobbing prices: In sacks or 50-
Ib boxes—Four-crown, loose, [email protected]: three
crown, 8%®4; two-crown, 2%©3%; seedless
Sultanas, 5%; seedless Muscatels, [email protected]%;
dried grapes In 20-lb boxes ,three-crown
London layers. 1.18.
Butter—Fancy creamery, 18% per rb.;
common do. 17018; fancy dairy, 16;
good to choice. 14015; common, 12013.
Cheese—Fancy mild new, 8; fair to
good, 6.0007.00; California cream Cheddar.
10011; young America, B®9; eastern, 11
©13; western, 11©12 per lb.
Eggs—Store, 12014; ranch, 15018%; duck
eggs, 14 per dozen; eastern, IS®l4.
Poultry—Turkey gobblers, 16016 per lb.;
turkey hens, 15016; old roosters, 4.0004.25;
young do, 5.0006.50 per dozen; small broil
ers, 1.7502.50; large do. 3.0003.50; fryers, 3.50
©4.00; ducks, old, 3.0008.25; ducks, young,
3.5004.00; geese, [email protected]; goslings, 7601.25;
pigeons, 1.0001.25 per dogen. - -
Boston Wool Market
BOSTON, July 20.—W00l dealers report a
fair business doing Just now. Buyers are
encouraged by the strong outside condi
tions, which Indicate that many are willing
to take chances of being able to make a
,urn at an advance later. This keeps an
active market without materially reducing
the stocks at hand, although manufac
turers are occasionally coming In and
picking up some supplies. The general
business of the week shows the largest
trading In Australian wools, and the
scoured prloe was worked up several cents
higher. For the best wools the range of
sales is at 50055 cents, with the range down
us to quality. The business datngla largely
In good-slied blocks-, there being, but little
call for consumptive purposes, except In
cross breds. Manufacturers are bidding
on these grades, as th<3 supply available
is light. In domestic Wools- some lines of
territories are being picked up, but the
price bid, compared with the cost to re
place them, Bhowß a wide difference to
make such transactions popular. Quota
tions :
Territory wools—Montana, fine medium
and fine, 12014; scoured. 36038; staple, 39
040; No. 2 medium. [email protected]; scoured. 33035.
Utah. Wyoming, etc., fine medium and
.fine, 11013; scoured, 36037.
" California wools—Northern spring,
greasy, 14015; scoured, 86037; middle coun
ties, spring. 10012; scoured. 82®S4; south
ern, free greasy, scoured, 84®S5; southern,
defective, spring. 809: scoured, 25®29; free
northern fall. 10011; scoured, 29031; de
fective southern. [email protected]
Oregon wools—Eastern, choice, greasy,
11012; average. 10011; heavy, 10; valley No.
1, greasy. 14015. . - ..
Australian wools, scoured basis —Comb-
ing, superfine, 52055; good, 4S©SO; average,
440 45.
Available Grain
NEW YORK, July 20.—Special cable and
telegraphic dispatches to Bradstreefs cov
ering the principle points of accumulation
Indicates the following changes In avail
able supplies last Saturday as compared
with the preceding Saturday: Wheat,
United States and Canada, east of the
Rocky mountains, decrease. 2,158,000 bUßh
els- afloat for and in Europe, decrease,
2 100 000 bushels; total decrease world's
available, 2,268,000 bushels. Corn, United
States and Canada, east of the Rockies, de
crease, 870,000 bushels. Oats, United States
and Canada, east of the Rockies, Increase,
146 000 bushel". There were several U.nex-.
pectedly lurge increases In available stocks
of wheat list week not reported In official
visible supply statement, among them 300,
--000 bushel* In Northwestern interior ele
vators; 474 050 bushels at Ft. William, Ont.;
100 000 bushels at various Manitoba storage
points; 42,000 bushels at Cleveland; 28,000
bushels at Nashville; 26.000 bushels in Mil
waukee private elevators; SOW bushels at
Kingston, and 20,000 bushels at Odgens
burg. Corresponding increase included
46,000 bushels at Louisville, 29,000 bushels at
Leavenworth and 25,000 bushels at Roch-
ester.
LIVERPOOL, July 20.—Wheat—Spot No.
1. red northern spring, mts*, *e'«m CoWit-
Spot, American mixed, old, firm, is loyfcd;
July, 2s 9d; August, 2a 9%d; September,
2s ll%d.
California Fruit Bales
CHICAGO, July JO.—Auction sales by the
Earl Fruit company today: Pears, Bart
letts, 1.5592.15 per box. Grapes, Fontaln
blemt. 90(81.35 per half crate. Prunes,
Tragedy, 804J90 per half crate. Peaches,
Crawford, 6581.13 per box; Hale's Early,
40§S5.
NEW YORK, July 20.—Porter Brothers
company sold today at open auction:
Pears, Bartlett, 1.80®2.30 per box and 90®
1.05 per half box; Duehesse, 1.85 per box.
Plum*, Japan, 1.8065.50 per half crate:
Wlcson, [email protected]; Diamond, 95®1.60; Blood,
1.50; Satsuma. 1.05®1.30; other varieties, 95
01.11. Peaches, St. Johns, 75®1.25; Craw
fords, [email protected]; Imperials, 95®1.20; Straw
berry, 1.10; Hale's Early, 75®90. Prunes,
Tragedys, [email protected] Apricots, 75.
Dried Fruit Prices
NEW YORK, July 20,-Callfornla dried
fruits very firm. Evaporated apples, prime,
wire tray, 4%®4%; wood dried, prime. 4%
®6;"-' -choice, 5; fancy, 5%. Prunes, [email protected]%.
Apricots, Royal, B®9; Moorpark, 12.
Peaches, unpeeled, 6®B; peeled, U®l4.
Petroleum
NEW YORK, July 20.—Petroleum—Penn
sylvania crude, steady; AuAgust, closed
85 bid.
. - Local Quotations
EGGS—Fancy ranch, 16®18.
BUTTER—Fancy local creamery, per 2
lb. square, [email protected]%: fancy coast creamery,
per Zilb. square, 42%®46; dairy, 1%-lb. rolls,
[email protected]; fancy 2-lb. square, 3"%®40; tub,
fancy. 20.
CHEESE—LocaI factory, large size, n%<ft
10: do Young America, 10%@11; do 3-lb.
hand. 11%® 12; (%c extra per lb. when cased
tor shipment); northern full cream, 8®
8%.
POULTRY—Hens, 4.5CK8>3.00 per dozen;
young roosters, [email protected]; fryers, 3.50
@.4.0p; broilers, 3.00; old roosters, 3.50
41-1.00; ducks, 4.00; turkeys, live, 14®
15; dressed, 17(§18; young geese, 1.50
per pair; old geese, 1.00®1.25 each;
pigeons, per dozen, 75®1.00; squabs, 1.25®
1,50.
GREEN FRUITS—New apples, 75®
1.00 per bjox; strawberries, common, [email protected];
fancy, B®7; bananas, bunch, 2.00®2.50;
blackberries, per box, 2%®3; apricots,
per box. 30®40: raspberries, per box,
7; peaches, per box, [email protected]; watermelons,
75®1.25 per dozen: pineapples, per dozen.
2.00®2.50; white figs, per box, [email protected]; black,
figs, per box, 75; Ciyman plums, per
crate, 65(575: Tragedy prunes, per box, 75
®S0: canteloupes. 75511.00 per dozen.
CITRUS FRUlTS—Oranges. Mediter
ranean Sweets. 2.25(32.50; seedlings, 1.69S
2.00; lemons, fancy Eureka, 2.00®2.50; Eu
reka and Lisbon. [email protected]; uncured, I.Oo®
1.15; limes, per 100, 1.00; Valencia, 2.'5*3
3.00.
VEGETABLES—Beets, per 100 lbs., 75;
cabbage, per 100 lbs.. 75(885; chiles, dry, per
string, 50®60; Mexican, per lb.. 10011; green,
per lb., 657; garlic, 2%; new onions, 65573;
beans, string, per tb., 2®2%: cucumbers, per
box, 45; lettuce, dozen. 16®20; gren peas,
per lb.. [email protected]; turnips. 100 lbs., 75®85; rhubarb,
[email protected] per box; parsnips, per 100, 1.00;
green onions, per dozen, 25®30; leeks,
per dozen, 15; parsley, per dozen, 25; rad
shes, per dozen, 20; summer squash, per
box, 30®40: egg plant, per lb.. 10; green
corn, sacks, «0®75; lima beans, per lb., 5;
green okra, per lb., 12%; tomatoes, per box,
[email protected]«O.
POTATOES—Per 100 lbs.. Burbanks. 60®
»3; Pink Eyes. 65®60; Early Rose, 75®80;
sweet, per tb., 2%®S: new sweet, 4.
PRIED FRUITS—Apples, sun-dried,
sacks, per lb.. 4®6: boxes, 5®6%; evapo
rated, fancy, 7%@8%; apricots, fancy, 7®B;
oholce, 10; peaches, fancy, unpeeled, 7%®
8%; pears, fancy, evaporated, [email protected]; plums,
pitted, choice,<7®9; prunes, choice, boxed.
7%; sacks, 6; dates, 6%®7; figs, California
white, per lb., 7%: California black, per lb.,
6; California fancy, per lb., [email protected]%; Imported
Bmyrna, 12®16.
RAISINS—Fancy clusters, 20-lb. boxes,
1.75; 4-crown LL clusters. [email protected]«0;
3-crown LL, per box, 1.25®1.35; 3
crown, loose muscats, per box, 1.10
®t,15; ordinary, loose, per box, [email protected]; 2
crown, loose, In sacks, per lb.. 4%; B
crown, loose. In sacks, per lb., 5%@5%; 4
crown, fancy bleaohed. per lb.. 10; Sultana,
seedless, choice, per lb., 7%®9. Fraction*,
half crown, per lb., [email protected]%; Sultana, seed
less, boxes, 25; quarter boxes, 500 per box
hlghe* than whole.
NUTS—Walnuts, Los Angeles, s©<: me
dium sort. 6%@7%; "soft Shell, L6s Nletos.
fancy. 9(910; almonds, softshell. 9®10; pa
per shell. [email protected]%: hardshell. 7®9: pecans,
8®11: filberts. 11; Brazils, 10: pinons, [email protected]
BEANS AND DRIED PEAS-Plnk, 1.60
@1.65; Lima. 2.25®2.50: Lady Washington,
1.50®1.60; small whites, 1.60®1.65: green,
field peas, 2.2502.50; black-eyed beans, 2.00;
garvancos, 1.75®2.00: lentils. Imported, 6.50
©7.00; lentils, California, 3.00®3.50.
HONEY AND BEESWAX—Honeycomb.
[email protected] per lb.; strained, 5%®6; beeswax, 18®
20 per lb.
GRAlN—Wheat, 1.50®1.60: corn, small
yellow, 1.10: large yellow, 1.10; oats, 1.10
ci.26; barley. 75.
HAY—Wheat per ton, 7.00®8.00; barley,
7.00®8.00: oat. 7.50®8.50: alfalfa, baled. 6.00
67 00; loose, 6.0006.00; new crop, all kinds,
6.00; straw, 5.00.
MILLST UFFS—Flour, local mills, 4.50
per bbl.; Stockton brands, 5.00; Oregon, 4.85;
eastern, 5.3595.50; shorts, ton, local, 19.00;
r'olletl barley, per ton. 16.00; cracked corn,
per 100 lbs, 1.10; feed meal, per 100 lbs, 1.16;
bran. 17.00 per ton.
LIVE STOCK—Per lb.t Beeves, t%®3;
hogs, 3%®3%; lambs, per head, 1.2521.60,
sheep, per cwt., 2.50®2.75.
♦DRESSED MEATS—AII per lb.: Beef.
905%; veal, [email protected]%; mutton, 6; lamb, 6%;
pork, 5%.
CURED MEATS—Picnic hams, 6%; Rex.
11; Roulette hams, 7%; select mild cure,
9%: special fancy breakfast bacon, 11%;
•pedal breakfast bacon, 11; Rex bacon,
10; Rex boneless hams, sugar cured. 9%:
Rex boneless butts, S%; Rex dried beef, In
sldes,. 13%; Rex dried beef, outsldes, 10;
smoked tongues, per tb,, 16; medium bacon,
8%; dry salt clear bellies, 16(ij.20; ay., 7%:
dry salt short clear sides, 35®40: ay„ 6%:
salt clear backs, 6%; Rex pure leaf lard,
tierces, 5%: Ivory, tierces, 5%; cottolene
tierces, 6%: Rexolene, tierces, 6%; special
kettle rendered leaf, 6%.
Real Estate Transfers
0.1 W. and M. Marsh to Mrs. S. L. Mac-
Cdrfhy—Lot 27, block 12, Brooklyn tract;
$400.
Mrs. E. and J. P. Allison to A. P. Laven
der— port of block V, Painter & Ball tracf:
$!600.
M. and M. Lemon to R. Loynes—E% of
W>4 of E% of farm lot 73, Alamltos tract:
$500.
H. and C. Merrill to W. H. Allen—E 34%
at lot 36 and W 15% of lot 33. Ellis tract;
$3000.
D. A. and M. E. Stone to S. E. Moloney—
Lots £1 and 52. Rose tract: $340.
A. and V. Stoll to Mrs. A. Lauth—Lot
3. block 10, O. W. Childs tract; JIOSO.
L. A. Terminal Land company to V. B.
Walton—Lot 18. block 4. East San Pedro;
$400.
Mrs. E. L. Jameson to F. L. Ann-able—
Lot 14, block 10, Chas. Victor Hall tract;
$125.
W. H. Maurice, trustee, to Abe Haas-
Lots 11 and 85, South Side tract; toOO.
J. Wolfsklll and L. A. & Santa Monica
L. & W. Co. to D. Innes—Lot 10, block 44,
town of Sunset; $150.
S. A. W. and 3. F. Carver to R. J. Sparks
—Lots 4 to 9, block 15. New York tract; $180.
R. C. and F. L. Gillls to M. J Byrnes-
Lot 9. block 2, Bandinl tract; $300.
Pickering L. & W. Co. to L. H. Penning
ton—Lots 6 and 6, block N, Pickering L. &
W. Co.'s subdivision: $1400.
T. and E. Story to W. L. A. Water Co.—
Block S7, replat of Rancho Providenola and
Scott tract; $5000.
G. W. Miller to Mrs, L. A. Hill—Lot 28.
Wilson & Gillls subdivision of McQuald
tract; $160.
SUMMARY
Deeds B2
Nora »
,
Total $16,278.64
Building Permits
The following building permits have
been Issued to S p. m. of yesterday. M. Ben
THE NATIONAL BANK OP CALIFORNIA
4 AT LOS ANGELES
Capital and Pro fits J270.000.00.
OFFICERS. DIRECTORS
r « „ . „ J. M. C. MARBLE, O. H. CHURCHILL
J- M- C. MARBLE .....President O.T.JOHNSON. JOHN WOLFSKILu
ft H v CH .E3 CHILL Vlee-President NELSON STORY, GEORGE IRVINK,
H. M. LUTZ Vise-President N3 W. STOWELL, B. F. C. XLOKKB,
A. HADLEY Cashier W 8. DE VAN. M. H. SHERMAN/
JOSEPH D. RADFORD.Assistant Cashier FRED O.JOHNSON.T E. NEWLIN.
RJL ROGERS Assistant Cashier A. HADLEY.
OLDEST AND LARGEST BANK IN SOUTHERN CALIFORNIA.
pARMERS AND MERCHANTS' BANK OF LOS ANGELES, CAL.
Capital paid up $500,000.00
Surplus and Reserve 875,000.00
I. W. HELLMAN. President; H.W.HELLMAN. Vlce-Pres.; H. J. FLEISHMAN,
Cashier; G. HEIMANN. Assistant Cashier. Directors—W. H. PERRY. O. W.
CHILDS. J. F. FRANCIS. C. E. THOM. I. W. HELLMAN, JR., H. W. HELLMAN,
A. GLASSELL. T. L. DUQUE. I. W. HELLMAN.
Special Collection Department, Correspondence Invited. Safe Deposit Boies for Rent.
I OS ANGELES NATIONAL BANK
** United States Depository
Capital J500.000.00 Surplus $47,500.00
. Total $547,500.00
GEO. H. BONEBRAKE President WARREN GILLELEN Vice-President
F. C. HOWES .....Cashier E. W. COE Assistant Cashier
DIRECTORS. _
Geo. H. Bonebrake.Warren Glllelen, P. A. Green, Chas.A. Marrlner, E. P. Johnson,
Wm. M. Van Dyke, W. C. Brown, L. C. McKeeby. F. C. Howes.
This bank has no deposits of either the county or city treasurer and therefore no
prefered creditors. '
SECURITY SAVINGS BANK
v Corner -Main and Second Streets
OFFICERS. - - I DIRECTORS.
IH. W. Hellman, J. F. Barton. W. L. Graves,
J. F. BARTORI .....President 111. J. Fleishman. C. A. Shaw, F. O. John*
MAURICE S. HELLMAN..Vice-President son. J H. Shankland, J. A. Graves. M. U
W. D. LONGYEAR Cashier I Fleming-. M. S. Hellman, W. D. Longyear.
Interest paid on term and ordinary deposits. ■ ■•
__ Money loaned on first-alass real estate.
piRST NATIONAL BANK OF LOS ANGELES
Capital stock 5400.000 Surplus and undivided profits 0ver..1210,081
J. M. ELLIOTT President W. G. KERCKHOFF Vice-President
FRANK A.GIBSON Cashier G. B. SHAFFER Assistant Cashier
DIRECTORS. • ,
J. M. Elliott, J. D. Blcknell, F. Q. Story, H. Jevne, J. D. Hooker, W. C. Patterson,
Wm. G. Kerckhoff.
No public funds or other preferred deposits received at this bank.
gTATE LOAN AND TRUST COMPANY OF LOS ANGELES
*" Capital ..I:.! „....; ................~«5co,ooo.oo
OFFICERS _ jyj
H. J. WOOLLACOTT President WARREN GILLELEN.Second Vtoe-Prea,
J. F. TOWELL First Vice-President J. W. A. OFF ....gesjbfler
M. B. LEWIS Assistant Cashier
A general banking business transacted. Interest paid on tuns deposits. »are
deposit boxes for rent. • .
SOUTHERN CALIFORNIA SAVINGS BANK -
01 152 North Sprlns Street Interest paid on deposits
DIRECTORS:—J. H. Braly. J. M. Elliott, H. Jevne, Frank A. Gibson, Simon Maler,
W. D. Woolwine. W. C. Patterson.' Sate Deposit Boses For ■■Btpfa"--.
nett, two rooms and shed, Park avenue,
$50. L. Ducalt, H, Pico Heights, repairs,
1200. George Knarr. Ninth and Park View,
five-room cottage, $1500. Libble Federman,
California, near Hill, six flats, frame,
$5000. D. B. Halum, Pico, near Hill, nine
room two-story frame, $1980. Mrs. Alice
Maskel, Flower, between' Twelfth and
Pico, four flats of five rooms each, $4000.
WEATHER AND CROPS
Conditions Prevailing
Southern California
Following Is the United Slates depart
ment of agriculture's climate and crop
bulletin of the weather bureau for South
ern California for the week ending Mon
day, July 19th: ..• • .-• : .
The warmest weather which has oc
curred so far this season prevailed during
the past week, though the temperature de
creased materially towards the close and
morning fogs were frequent in the coast
districts. The clear, warm weather rip'ehed
apricots rapidly, too fast. In fact, in some
sections, owing to lack of help to enable
orchard lsts to handle the fruit to advan
tage. Drying proceeded expeditiously, and
the season Is practically drawing to a close.
Corn and beans are generally In excellent
condition, though reported to be some
what affected by the hot winds of the
week. Harvesting continues in the Ante
lope valley, and wheat is turning out bet
ter than expected. A light shower fell at
Crafton on the 13th, and a thunder storm
occurred In the Antelope valley last Mon
day.
SAN LUIS OBISPO
The weekly report shows that the weath
er conditions were favorable. The highest
temperature was 89 degrees an,d the lowest
49 degrees.
VENTURA COUNTY
Bardsdale—The weather was hot and
apricots ripened fast, but fogs prevailed the
latter part of the week. Corn and beans
are in excellent condition and prospects
good. Orange trees are very well set with
young fruit. : "
West Satlcoy—The clear hot days of the
past week were good for fruit drylng.which
progressed rapidly, but beans were some
what damaged by the heat.,
LOS ANGELES COUNTY
Los Angeles City—The warmest weather
of the season occurred the past week,
when the temperature ranged daily from,
two to seven degress In excess of the nor
mal. The latter part of the week was
slightly cooler, with heavy morning fogs.
Fruit ripened rapidly and the local mar
kets are plentifully supplied with all va
rieties. Highest temperature, 86 degrees;
lowest, 54 degrees.
Fairmont—The weather was extremely
warm the first part of the week, but it was
cool the latter part. Apricot drying con
tinues, also harvesting and hay baling. The
wheat crop is better than expected. Early
peaches are ripe, with prospects ot a large
crop.
Vcrdugo—Dryers are running on apricots,
which are small, but a heavy crop. The
water supply 1b reported decreasing, but
as yet all crops and trees are looking
well.
Pomona— Apricot drying is approaching
the end; Royals are about all dried, and
but a small quantity of Moorparks re
main to be cured.
Downey—Alfalfa hay cutting continues.
Large purple flgs are now ripe. The first
crop of white Smyrna figs are gone. Apri
cots, early apples, peaches and plums are
ripe! There are no prunes to speak of.
Green corn and early varieties of vegeta
bles are in market. The sugar beet har
vest has Just commenced. Tobacco grow
ers are cutting their first crop. Walnuts
are looking well, but the crop will be light.
Corn fields are looking well, There are
very few Bartlett pears this Sanson.
SAN BERNARDINO COUNTY
Ontario—The warm weather of the past
week was very favorable for apricot dry
ing and the absence of fogs was a great
advantage to the fruit dryers.
Crafton—Work in the orange orchards is
well forward and Ihe prospects are good
for a large crop. A trace of rain fell on
the ISth. The highest temperature was 9»
degrees; lowest, 4S degrees.
RIVERSIDE COUNTY
Elslnore—The hot weather of the past
week has hastened the ripenfllfj bf 'apricots.
and all thSAVaHable help In the community
has been employed and many more could
have been utilized, as the fruit ripened so
fast. The highest temperature was 10S de
g-ees; the lowest was 5S degrees.
Armada—The intense heat of the past
few days has brought on the apricot crop
fast, and there Is considerable worry over
the lack of sufficient facilities for the ripe
fruit, — '
BAN DIEGO COUNTY
San Diego City—The weather during the
past week was from two to three degrees
warmer than normal and fruit ripened
very fast. In some instance* fruit ripeped
so fast as to preclude the •possibility of
saving It. All fruit prospects are good;
and other crops are yielding better than for
many seasons. Highest temperature, 80
degrees; lowest. 60 degrees.
San Marcos— Harvesting Is over, except
some stocking yet to-he done. There will
be less hay this season on account of the
large quantity of the crop being cut for
Kr&ln ' ORANGE COUNTY
Santa Ana—The fore part of the week,
both the days and the. nights, were un
usually warm; the latter part was more
pleasant, with cool nights. The weather
was favorable for apricot drying. Barley
threshing is progressing and the yield Is
MAIN STREET SAVINGS BANK. '"
Junction of Main. Spring and Temple sts.,
(Temple block), Los Angeles.
Capital paid up SIOO.OOS
Officers and directors: T. L. Duque,
President; I. N. Van Nuys, Vice-President;
B. V. Duque, Cashier; H. W. Hellman,
Kospare Kohn, H. W. O'Melveny, J. B.
Lankershlm,' O. T. Johnson, Abo Haas, W.
G. Kedckhoff.
Money loaned on real estate. Interest
paid on term and ordinary deposits.
JJDS ANGELES SAVINGS BANK.
ISO N. Main St.
J.E. Plater,Pres.; H.W. Hellman. V-Pres.|
W. M. Caswell. Cashier. ;
Directors—l. W. Hellman, J. E. Plater,
H W. Hellman. I. W. Hellman, Jr.. W.
M. Caswell..
Interest paid on deposits. Money to loan
on first-clasn real estate.
- - i • " ' I,
better than anticipated. Apricots, peaches,
pears, apples, berries and new vegetables
are plentiful. Highest temperature, 86 de
grees: lowest, 65 degrees.
Tustln—The week was warm and clear.
The temperature reached 90 degrees and the
weather was excellent for fruit drying.
The apricot ,ls large and driers are in some
cases short of help. The coming week will
finish work in some orchards. Barley
threshing continues and considerable
quantities have been shipped.
Coplstrano—The highest" temperature
during the past week was 82 degrees; the
lowest was 68 degrees.
A RAILROAD BULLETIN
SAN FRANCISGO, July SO.—The weekly
crop bulletin of the Southern Pacific oom
pany reports that harvesting is well under
way throughout the state. Fruit is ripening
fast, and In many sections dryer's and can
ners are busy. The grape crop, as reported
from several places. Is slightly injured by
the hot weather. Potatoes, beans, sugar
beets and corn are doing well. Almonds
and walnuts are reported as In excellent
condition, while the prune crop is reported
a failure In one section and very large in
another. The norther of July 18th caused
fruit to drop quite a little and the pear
crop In the Sacramento valley is said to
have been damaged materially. \ .
ALASKA AND THE GOLD FIELDS
The Herald's premium atlas (givenx
away with a year's subscription to
the daily edition) contains a fine map
of Alaska and the Yukon country in
Northwest territory. Seekers after in
formation about the new gold fields
will find it a useful document to con
sult. The atlas is furnished in sep
arate parts, and with a subscription
for three months the subscriber may
select any two of the parts he wishes.
Or, with a subscription to the Weekly
Herald (SI) the subscriber is entitled
to one of the parts. He may take that
containing the map of Alaska if he
wishes.
Important Business Deal
The wholesale grocers, Craig, Stuart ft
Co., have bought out the wood and willow
ware trade of Harrison &.Dixon, the oldest
firm in this line on the" coast, whose branch
has been established in Los Angeles since
1882. The business has steadily grown and
now covers all Southern California and ex
tends to Texas. Craig, Stuart & Co. will
put plenty of new life into this branch of
their business. They will put'but enefge'tlo
salesmen, who will push for trade. The
department will be in charge of Mr. M. A.
Wood, who was formerly in this line of
trade in the employ of the Samuel Cupples
Hardware company of St. Louis, the largest
house in this branch of business in the
world. Mr. Cupples knows all the details
of the trade and will conduct it so as to
merit the confidence of merchants in all
parts of the section. The goods ca'rrred
embrace all lines In such a department, and
they come from the best factories In Amer
ica and elsewhere. Merchants will read
this news with much interest and satis
faction.
Now Ottered for Sale—Control of the Volcanic
Copper Mines
Are well developed and ready for smelt
ers. . *50UO will handle; greatest bargain;
largest copper proposition In the country;
owner sick. Prospectus and full particu
lars by calling on the Volcanic Copper
Mining and Smelting company, Jfjlj South
Uroodway. - -.' — '.'<•
Santa Catalina Island
Three boats Saturday, two Sunday. Grand
illumination Saturday night. Dally con
certs by Marina band. Fishing the best.
Glass- bottom boat. Wonderful submarine
view through crystal waters., Banning Co.,
m South Spring street. Tel. Mam M.
AMr.^^
i a i
Drihk Glen Book water. Addr«w fsUU
Smith, !l» South Spring street. Tel. tj.
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