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The herald. [microfilm reel] (Los Angeles [Calif.]) 1893-1900, December 31, 1897, Image 9

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Los Angetes, Dec. 30,1897.
In an article treating upon the. recent
' BtveJopments In the Mne of combinations
among manufacturers, Bradstreet's out
lines the proposed undertakings as fol
Despite the outcry against so-called
••trusts," the process of uniting competi
tive Interests In various departments of
manufacturing Industry still goes on rap
idly. The latest Instances of this arc
afforded by the proposed combinations of
Wire and wlre-nall manufacturers, of- the
three largest cracker companies of the.
United Btatos, of the manufacturers of
wood-working machinery and of the bridge
builders. In several instances, however,
the promoters of the schemes In question
have taken patns to put to the front the
advantages which will accrue to the public
from the reduction of cost of their several
products and the prospect this affords of
reduction of prices to consumers as well as
of an extension of export trade in the
articles they respectively make.
■f: t 4
The American Wire and Steeil Company,
as the new combination Is to be called,
is the natural! outcome of the unsatisfac
tory conditions which have existed In that
industry and the Overproduction which for
some years past has resulted In an ex
aggerated competition between different
establishments and localities in the trade.
The Heading concerns In the Industry
throughout the country are concerned in
the plan, and their conferences have re
sulted in an arresjpsnt- to form a company
under.the tltHs glVen above, with a capi
talization ot rntfWMOO, divided equally Into
common and preferred shares.
The plan has progressed so far that a
commission of engineers and accountants
•re at present engaged In an examination
of the properties to be Included In the
arrangement for the purpose of verifying
the representations of the vendors, and lt
Is expected this work will' be completed
within a short time, so [Tiat by March Ist
the new company will be Incorporated and
take possession. The concern, lt Is thus
expected, will exercise a preponderating
Influence upon the manufacture and Bale
of wire, wire rods and nails and '.ike prod
ucts in the United States. The promoters
of the plan, so far as any public utterances
about It have been permitted, are careful
to claim that this division of their market,
rather than any advance of prices, is the
object of the scheme, and It Is added that
there Is no Intention to antagonize the In
terests of other manufacturers of wire.
In fact, the hint Is given that the smaller
manufacturers of wire who desire to come
into the fold will* be admitted in time If
found desirable and If the prices asked for
their plants are fair ones.
♦ ♦ ♦
The cracker trust, as lt Is already popu
larly called, Is to include the New York
Biscuit Company, the American Baking
Company and the United States Baking
Company, the three largest concerns of
their kind In the country. This deal, which
it IS stated, has been practically consum
mated, Involves the formation of a new
company, with a capital of 355,000,000, di
vided Into 326,000,000 preferred and 630.000.
--000 of common stock. It Is stated In behalf
of the organizers of the primary ob
ject Is to Invade foreign markets and open
up an outlet for the overproduction of the
bakeries of the United States. Another of
the alleged objects Is to establish a co
operative principle in the organization, by
which the employes will be afforded op
portunity to Invest their savings In the
corporation's, securities, though how this
privilege Is to be extended to the em
ployee does not clearly appear. The fact
that the headquarters of the new concern
are probably to be In New York Is not
a conclusive evidence that Its stock will
be made an object! «f;attention' in Wnlt
street, but lt is fair to conclude that the
preliminaries point that way, while the
alleged formation of a financial syndicate
to underwrite the plan Is another featuro
worthy of attention.
♦ ♦ -f
The American Woodworking Machinery
Company. Incorporated last week in New
Jersey, with a capital of 34,000,000, la the
outcome of a year's efforts to consolidate
some of the largest concerns of that kind
Including, although In this Instance there
is.no apparent Intention to control the In
dustry. The Arms Joining the combination
are understood to be Rowley & Hermance
of WlUlamsport, Pa., the Glen Cove Ma
chine Company of Glen Cove, L 1., the
WUUamsport Machine Company and the
Lehman Machine Company of WUUams
port, Pa,, the Milwaukee-Sander Company
of Milwaukee, Hoyt Brothers & Co. of Au
rora, IIL, Goodeli & Waters of Philadel
phia and C. B. Rogers A Co. of Norwich,
Conn. It Is also understood that the Fay-
Eagan Company of Cincinnati may be
purchased later.
♦ ♦ ♦
The long-talked-of milk trust has been
formed under the laws of New Jersey, with
a capital of 616,000,00'). I: is the object of
the new company to control! the retain milk
trade of New York and vicinity, to lessen
the cost of milk to the consumer and to
Improve the methods of carrying and de
The attempt to combine the bridge manu
facture™ has taken the form of a meeting
at Cleveland, Ohio, of nearly aU the Im
portant Interests In that Industry, and it
Is reported that a corporation capitalized
at 116,000,000 will be the result, although the
matter is still apparently undecided.
Among other plans discussed was the con
struction of an Immense rolling mill for
the common use of all the manufacturers
of bridges, and It Is asserted that even If
the proposed combination fails, the erec
tion ot the rotting mill will be undertaken
by a company controlled by the various
Interests represented at the Cleveland
meeting, which Included nearly alt the
prominent bridge manufacturers of the
United States.
♦ ♦ ♦
Reports from Washington Indicate that
the prospect of securing a majority for
bankruptcy legislation In both houses la a
good one. it seems to be conceded by the
opponents of the bill now before the house
of representatives that a majority of that
body will vote in favor of it, says Brad
street's. The main ground of opposition
to the measure appears to be that lt will
give the creditor class in the east an op
portunity to oppress the debtor class In the
{rest. It is slrfguEar that an Idea like this
hould display the vitality that lt does.
The Idea at the basis of national bank
ruptcy legislation is that there should not
be any opportunity for the oppression of
any one class or section by another, but
that there should be a uniform rule for
all. The purpose of uniformity Is to do
away with Inequality and all that inequal
ity Implies in the conduct of Insolvency
proceedings and their Incidents. Only
when such a law finds its place upon the
statute books can debtors and creditors
having dealings beyond the limits of their
own state* be said to be upon a par of
' right and of opportunity.
Mortgages, 81000 and Over
Mary R. Ottaway and Alfred Otta
way to Sarah M. Quiver—Lot B,
Rosensteel place. thrOt years, 11 per
cent lA. 68,000
- George G. Green to JohnNjhompson—
Lots 17, 28, 26 and 60, WfltAms Home
.teaoVtwo years,8 4,000
Nellie M. Young and W. H. Young to
Mary J. Cook—Lot 40, Grlder 'ft
Dow's Adams street tract, three
years, 8% per cent 1,885
W. W. Howard et al. to Hannah F.
Howe—Part of section 12, 3 South,
14, one year, 11 per oent 1,000
Leon Phillips tb Los Angeles Build
ing and Loan. Association—Lot 4,
block E, Menlo Park subdivision
No. 1, nine years, 9 percent 1,000
Milton D. Painter et all to Security
Savings Bank—Certain real 1 estate
In Pasadena, two years, 10 per cent, 7,600
A. W. Swanfeldt et all to Main Street
Savings Bank—Lots 81, 32, 33 and
north hailf of lot 34, blbck 25, Wolf
sktU Orchard tract, one year, 10 per
cent 1,600
O. F. Wright to Reason R. Wright—
All Interest In northwest quarter,
section 8, 3 south, 13, two years, 6
per cent 1,200
Twenty mortgages under $1000 9,327
Total $30,212
Releases, 81000 and Over
Hiram Flske to Edmund B. Cush
man et al., 323-165 33,400
James W. WyHe to S. W. Hinckley,
184-5 1,100
Main Street Savings Bank to J. G.
Orth, 656-2833, 605-180 6,000
W. M. Taggart to G. M. Beach, 516-257. 1,200
R. Wade to J. M. Bonner. 568-806 2.000
E. K. Gird to same, 566-310 4,000
William Dean to W. W. Sopor et al.,
497-264 1,100
Security Loan and Trust Company to
J. Sresovlch. 436-270 1,800
Pacific Coast Savings Society to J. C
BMss, 607-70 1,600
J. D. Wilde to Mtßon D. Painter et all,
522-256 1,500
Security Savings' Bank to same 7,630
Mary E. Hebbard to Emma C. Bangs,
321-46 4.200
W. A. Purceill to C. F. Saunders, 600-62, 2,000
Twenty-seven releases under 31000 11,835
Total $49,135
What Was Done Yesterday on Wall
NEW YORK, Dec. 80.—Today's, stock
market was remarkably narrow and Irreg
ular, the highly speculative securities ab
sorbing practically the whoile of the limi
ted dealings, in which no one but profes
sional traders took any part. There was no
reflection of any news in the course of
prices. There was evidence of large
realising In some of the securities
of local corporations, which have
recently been advanced by the buying
of a combination of Interests. But the
declines thus effected In these stocks In
vited buying again and restored the earlier
losses, In some cases carrying them mate
rially above the previous lfeveL Metropo'l
tan street railway was the most con
spicuous in the group, giving over a range
of three points. Manhattan moved less ex
tensively In sympathy. Consolidated Gas
fed three points on the admitted failure of
tho attempted local gas combination, but
covering of shorts brought it back to last
night's close. Other specialties moved with
equal Irregularity and the changes on the
day are small. Pennsylvania-enjoyed the
benefit of current reports of heavy earn
ings by that company, and touched 115,
but reacted on profit taking. A feature of
the day In Wall street was the very great
strength of the exchange market, the
actuail rates for sterling being Vd 1 -* There
Is still some demand to satisfy for remit
tances to Europe in payment of dividends
and Interest on American securities.
Exchange bankers attribute the strength
of today's market to an Investment de
mand, and this Investment they say Is
based on prospects of cheaper lbcal rates
for money. A fall In the local rates for
money would lead to a renewal' of the
tending of credits 'abroad; nevertheless
there was no evidence of softening In to
day's money market, no loans being re
ported at leaa than 3% per cent and others
being made at 4 per cent. The sub
treasury was a debtor at the clearing
hous* again' to the extent of over 61.000,000,
and the depletion of the money market
from that quarter Is expected to continue
until after the end of the year. Transac
tions In bonds were not on a large scale, but
prices were firmly held. Total sales, 31,675,
--000. U. S 2 s rose % bid, the s's coupons
% and the new 4's %.
Closing Stocks
NEW YORK, Dec. 80.—The following
were the closing quotations today:
Atchison 12% St P & Omaha. 77%
do pfd 80% do pfd 148
Baltimore & O 13H St P M ii M 122
Canada Pacific 80% Southern Pac... 20%
Canada South 52% Southern Ry..., 8%
Central Pacific. 11% do pfd 32
Ches & 0hi0... 22 Texas & Pacific. 11
Chicago & A... 181 Union Pacific.... 25%
-B&Q 99% UPD&G 6%
Chi 4 EI 62% Wabash .'. 7
CCC&StL..34% do pfd 18
do pfd 78 Wheel & L 15.... 2
Del ft Hudson.lll% do « pfd 8
D & L W 156% Adams Ex 159
D A R G 11 American Ex....115
do pfd.... 45% U S Express .... 39
Erie (hew) ... 14% Wel.s Parjfj Ex iM
do Ist pfd.. 38 Am Cotton Oil.. 22
Fort Wayne...168% do pfd 75W-
Gt Nor pfd....130 Am Spirits 7%
Hocking Val... 5% do pfd 18V4
Illinois Cen....103% Am Tobacco 88
L E ft W 16tt do pfd 113ti
do pfd.... 71 Pnnnlo'* Gas.... Mi
Lake Shore 171 Con Gas 177
Louis & Nash.. 56% Com Cable C 0..170
Manhattan L..U1% Co 4 F & 1r0n.... 26%
Met St Ry 128% do pfd 75
Mich Central..lo3 00-i' Electric 34%
Minn & S! L.. 25»_ Illinois Steel .... 45
do pfd.'... 88 La Cledo Uas.... 48%
Mo Pacific .... 33% (Lead 37%
Mobile ft .Ohio S9&' do pfd 105
MKft T 12% Nat Linseed Oil. 17
do pfd.... 85% Ore Imp Co 17%
Chi Ind ft L... 8% Pacific Mall So_
do pfd.... 60 Pullman Patlace.l72
N J Central 95 Silver Cert 57_.
NY Central ...107 Standard Rft T. 3
NYC &St L.. 13 Sugar 139%
do Ist pfd.. 65 do pfd 114
do lid pfd... 32% TC ft Iron 26%
Norfolk West.. 14 US Leather OVi
North Am Co.. 4% do pfd 68%
North Pac il% .TJ s Rubber 16%
do pfd 68% do pfd OHfe
Ontario cV W.. »% Western UnlonN OU4
Or* R ft N.... 35% Chicago ft NW..120%
Ore Short Line IS do ' pfd 163
Plttshnrir 169 Chicago ft GW. 14%
RMldlns !!2V4 R O ft W 12
Rook Island ... 90% do pdf ci' 4
St L & S F.... 7% St L ft 8 W 4%
do pfd.... 66% do pfd 6%
It Paul W<K Hawaiian C Co.. 11
do pfd 142%
Bond List
NEW YORK, Dec. 80.-The following
were the closing quotations on bonds
U 8 new 4s reg 127% N J C Bs 1t2%
do c0up....127% N Carolina6s.... 126
U S 4s 112% do 4s 103
do c0up..114% N Pacific 15t5..118%
do 2.1s 10} do 3s 60%
U S 5s reg 114 do 4s 96%
do 5s c0up.114% NYCftSt L 4s 106%
District 3 665...109% Nor ft W 65.....124%
Ala class A....108 Nor consols ;j5
Ala class 8....108 do deb 65....111%
Ala Class C....100 0 Nay lsts 112%
Ala Currency..loo do 45........ 93%
Atchison 45.... 89% O S L»ne 6s t .-..123
do adj 65.. 58% do 5s t r 98%
Can So Ms-...108% O Imp lsts t r...102%
Can Pac lets.. — do 6s t r... 45%
Chi Terminal.. 46 Pacific 6s of 96..103%
C ft Ohio 65...11201 R ft G W lsts... «;
CHAD 4%5..104% S Lft I M c0nf,».119%
D ft R O 15t5..108% 8 L ft a F gonCs. S3
D ft RG45.... sits Reading 4s ...... 81 J
IE Term 15t5...110 St P Con 141
Eric Gen 15.... 71% St P & C I* 15t5..122
F W & D sits. 79 do 5s 118
Gen Elec 55....100% S Car non-fund. %
O H ft S A 65.105 So Railway 55... 94%
do 2ds lul% ■Itft T6s 68
H & T C 55....112 Term new set ss. tt
do con 65..106 Tex P LO lsts... !'7%
lowa C lsts.... 98% do reg 2ds..
Kan PCon t r.. 85 Unlo.i Pac lsts.. 101 %
KPlstDDtrMs UPD A G lsts. 48%
La n consul 45.101% Wabash Ist 65... .107%
L& N i.'nl4a.. 57% do 2ds 80%
Missouri 6s ....100 West Shore 45...Ul
MX ft T2ds.. 63 Va Centuries.... O^
do U 86% do dfd 3%
X V C 15t*....119%
Mining Stock Quotations
SAN FRANCISCO, Dec. 30.—The closing
quotations for today on the stock exchange
were as follows:
Alta 4 Julia 1
AlDha Con 8 Justice 41
Andes 15 Kentuck Con 5
Belcher 46 Lady Wash Con.. —
Belle Isle — dexlcan 32
Best & Belcher.. 55 Mono —
Bodle Con — Mt Diablo —
Bullion 6 Navajo .1 —
Bulwer Con — Occidental Con ...120
Caledonia 23 )phlr 65
Challenge Con... SO Overman 13
("hollar 3S Potosl 44
Confidence 00 Savage 27
Con Cal & Va ..130 Scorpion —
Con Imperial .... 1 Sierra Nevada .... 71
Con New York .. — Silver Hill 5
Crown Point.... 32 Sliver King —
Exchequer — Union Con 21
'Jould & Curry.. 43 Utah Con 6
Grand Prize — Yellow Jacket.... 23
Hale ft No.-cross '60 Standard 155
Money Quotations
NEW YORK, Dec. 30.—Money on call
firm al 3%<M Per cent; last loan, 3; closed,
at 2% per cent.
Prime mercantile paper, 3%@4% per cent.
Sterling exchange steady, with actual
business in bankers' bills at 4.84%@4.85 for
demand and at 4.82(f»4.82% for sixty days.
Posted rates, 4.52%©4.53 and 4.85Vi«i4..56.
Commercial bills, 4.81.
SAN FRANCISCO, Dec. 3a—Drafts-
Sight, 15: telegraph, 17%
LONDON, Dec. 30.—Consols, 113.
Silver Bullion
NEW YORK, Dec. 30.-Bar silver, 57%;
Mexican dollars, 46>4.
SAN FRANCISCO, Dec. 30.—Bar silver,
37%: Mexican dollars, 47%(ff48.
LONDON, Dec. £o.—Bar silver, 25% d.
Treasury Statement
WASHINGTON, Deo. 30.-Today's state
ment of the condlton of the treasury
shows: Available cash balance, $220,535,
--270; gold reserve, $160,447,190.
Boston Quotations
BOSTON, Dec. 30.—Atchison, 13V4; Bell
Telephone, 266%; Burlington, 99%; Mexi
can Central, 6%.
yesterday'a Transactions on the Board
of Trade
CHICAGO, Dec. 30.—1n wheat Liverpool
showed about % decline at the opening
here, which although little more than half
of the drop here yesterday, was apparently
the cause for the easiness at the start.
Northwestern receplts were quite liberal
Cablegrams were received reporting re
ductions in estimates of Argentine crop,
of hot winds damaging wheat in New Zea
land, of unfavorable weather for crops in
the interior of Russia, and of small stocks
at the port of Odessa. The export clear
ances from Atlantic and Gulf ports were
very heavy, equal to 940,000 bushels In
wheat and flour.
December wheat acted about as lt bad
been doing for soma days, as if inclined to
drop Its premium over May. The trading
in it was small. It could easily have been
advanced txv almost any desired price by the
buying of perhaps leas than 100,080 bushels,
and lt Is evident the bull party In lt was
favorable- to-the decline.
May declined to 92%, but a lltt.'Jo bet
ter feeling was noticeable Just before the
close. May recovered. to 92%@92% under
some covering by shorts. Those were the
ruling figures at the close.
Corn was rather neglected and ruled
dull May ctosed % lower.
In oats trading was fairly active, though
prices kept within a narrow range. The
tendency was downward in sympathy with
wheat, May closing % lower.
Provisions kept within a narrow range
Prices were affected hy the decline In
wheat. May pork closed 6 lower. May
ribs and lard unchanged.
The leading futures cltosed as foBows:
Wheat No. 2—
December 9454
January 92^
May 92%@92Vi
Corn No. 2—
December 27
Januory 27%
May 29%
July 30%
Oats No. 2—
December 22%
May 22%
Cash quotations were as follows: Ftour
quiet; No. 2 spring wheat. 87%; No. 3 sprrng
wheat, 75689: No. 2 red, 93694%; Noi 2 corn,
27: No. 2 oats, 28%; No. 2 white, f.0.b., 24%
(525: No. 3 white, f.0.b., 24035; No. 2 rye,
46%; No. 2 barley, f.0.b., [email protected]; No. 1 flax
seed, [email protected]%; prune timothy seed,
2.67%; mess pork, per bbll, [email protected]; lard,
per 100 lbs., 4.62%: short ribs sides, loose,
4.354T4.70; dry salted shoulders, boxed, 4%
64%; short clear sides, boxed, [email protected];
whisky distillers' finished goods, per gal,
1.19; sugars, cut, loaf, 6.14; granulated, 6.61
Receipts, Shipments.
Flour, bbls 17,000 29,009
Wheat, bu 161,000 1,000
Corn, bu 282,000 117.000
Oats, bu 846,000 412,000
Rye, bu 16,000 4,000
Barley, bu 84,000 20,000
On the produae exchange today the but
ter market was* firm; creameries, 15621;
dairies, 12618. Cheese quiet at 868%. Eggs
Arm; fresh, 22t
Chicago Live Stock
CHICAGO, Dec. 30.—Cattle*-Sales were
largely at 4.1664.90, common steers being
purchased by dressed beef concerns at 2.80
©4.00, while choice to prime shipping and
export cattle were In quick demand at
5.0065.40. Stockers and feeders, 8.1064.25.
Calves, 6.3066.40 for choice.
Hogs—The day's sales were largely at
3.4063.50, prime butcher weights selling up
to 8.55, while heavy packing lots brought
[email protected] Pigs sold largely at 8.3563.46.
Sheep were saleable at 8.0064,75 for In
ferior to prlmel ots, with sales mostly at
3.7564.40. Lambs were in good demand
at 8.7565.00 for inferior to extra flocks, with
most of the sales at 6.0066.76. Yearlings soM
at 4.3664.76.
Receipts—Cattle, 7600; hogs, 35,000; sheen.
o*ol Board fries* of Cereals and Ship,
ments Received
SAN FRANCISCO. Dec. 30.—Wheat firm;
May, 1.40%. Barley, not quoted. Corn, large
yellow, 97%@95%. Bran, [email protected],
Flour—Family extras. 4.5564.65; bakers'
extras, 4.3064.40.
Wheat-Shipping, 1.41%142% for No. 1 and
1.43% fore holce; milling, 1.4661.48%.
Barley—Feed, good to choice, 85687%;
fancy, 90692%; brewing, 10991.10.
Oats—Poor to fair, 10061.06; good to
choice. 107%®1._%; fancy feed, 1.156)1.20;
gray, L12%@1.17%: milling, 107%@1.12%; sur
prise, 1.206130; black for seed, 1.8661.60;
red. 1.1661.40.
Receipts—Flour, quarter sacks, 6840; bar
ley, centals, 1800; do Oregon, 180; beans,,
socks,? S100; corn, centals, 1750; potatoes,
sacks, TOO; onions, sacks, 30; bran, sacks,
80: middlings, sacks, 90; hay, tons, 247;
straw, tons, 29; hides, number, 833; raisins,
boxes, 51; wine, gabions, 41,000; brandy,
gallons, 5400.
San Francisco Produce
Peer and MlllstufTs—Middlings, 22.501823.50
per ton.
Hay—Wheat, 13.50*1:16.00; wheat and oat,
12.00W14.00; oat, 11. mi 12.50; best barley.lo.so
(6)12.00; alfalfa, 9.50'u10.00: clover, 9.50010.00;
stock, compressed wheat, 12.00 C™
14.00 per ton; straw, 30ft40c per bale.
Dry Beans—Pink, 1.7OS11.80; Lima, l.GOft
1.76; small white, 1.3001.40; large white, 1.20
Vegetables—Early Rose potatoes, oftftfiOc
per cental; River Burbanks. ;//■»•»■ River
reds, 35040 c; Salinas Burbanks, 75085 c;
Merced sweets, 755iX0; onions, 2.0002.25 per
cental; green peas. 94(10 per lb.; string
beans, 1~14i®20 per lb.; tomatoes. 06676
per box; green peppers, 8010; dried okra,
12%® 15c.
Fresh Fruits—Choice apples, 1.0001.15 per
box; common apples, 25fi75: strawberries.
St per chest; cranberries, 8.0086.60
per barrel; grapes, [email protected] per box for ordi
nary; pears, Bartlett, 75C01.OO; persim
mons, 25®50.
Citrus Fruits—Navel oranges, L69|J>1.76;
Mexican limes, repack, 4.C04H-50 per
box; common California lemons. Stxfi
1.25 per box; choice California lemons, 1 50
Tropical Fruits—Bananas. l.SOTiis; per
bunch; pineapples, 3.0005.00 per dozen.
Dried fruit—New crop, carloads: Apri
cots, 6®6c per lb. for Royal; 7®B%c for
Moorpark; prunes, carloads. 40-FOs, 4%0
6c; 50-60 S. 4®4%c; 60-70s, 3VjP3uc; 70-80S
3c; 80-90s, 2%@2%e; 90-10Cs. 2®2}ic: black
figs In sacks, 2®3c; peaches, 6V44i7' / 4c;
peeled, 10®12%c; nectarines, 4©6 c; pitted
plums, 4®4%c; pears, 3©sc for quarters
and [email protected]%c for halves; apples, 5%®6%c for
evaporated and B®3%e for sun dried.
Raisins—New crop, carloads: Two crown.
2%®3%c per lb.; three crown, 4c; four
crown, 6c; London layers, 31.1001.15 per
box; seedless Sultanas, 6c.; dried grapes,
Nuts—California walnuts, [email protected] for hard
shell and B©loc for softshell; almonds, 3%
©4c for hardshell and 8010 c for paper
shell; chestnuts, 8010 c; peanuts, 4c for
California and 6c for eastern.
HOney—Comb, 10c for bright and 609 c
for other grades; water white, extracted,
4%®4%e; light amber, 3V404.
Beeswax—Quotable at 23025 c per pound.
Butter—Fancy creamery, 35 per lb.:
do second, 32034; fancy dairy, 30; do sec
ond, 27029; pickled, nominal'; firkin, nom
Eggs—California, 22H026; fancy ranch,
29?i31% per dozen; eastern, 12(514.
Cheese—New, 11012 c per lb.; old, 10011
California cream Cheddar, ll'/4(iil2c; young
American, 12&013; eastern. 12014.
Poultry—Live turkey gobblers, 12%fi14
per lb.; do hens, 12%014; odd roosters, 3.50:
(514.00 per dozen; young roosters, 4.00(65X0;
small broilers, 3.0004.00; large broilers, 4.60
®4.75; fryers, 4.6005.00: hens. 3.30®'5.00; old
ducks, 3.501(5.00; young ducks, 3.5006.00:
geese, 1.5002.00 per pair; goslings, 1.5002.00;
pigeons, old, 90c©1.00 per dozen; do. young.
[email protected] per dozen.
Honey—Comb, 10 for bright and 6®9
lor other grades: water white extracted.
4%©4%; light amber, SV4O4; beeswax. 23®
16 per tb.
European Markets
NEW YORK, Dec. 30.—The Evening
Post's London cablegram says: The stock
markets were quiet and steady today, with
consols prominently firm. Americans had
a dull 1 opening, but recovered later. There
was no business anywhere. Three months'
treasury blffis sold today at an average of
£2 11 s. 2d., and were afterwards dis
counted In the mraket at £2%. It is ex
pected that a fair amount of gold will go
into the bank tomorrow from Australia,
the demand in the open market having
slackened considerably.
Dried Fruit Prices
NEW YORK. Dec. 30.—California dried
fruits quiet. Evaporated apples, common,
5®7; prime., wire tray, B'4; wood dried,
prime, 8%@814; choice, B',<[email protected]%; fancy, 9©
Prunes, 3(§B.
Apricots—Royal. 7WB; Moorpark, BOIL
Peaches—Unpeelted, 7010; peeled, 12020.
NEW YORK, Dec. 30.—Petroleum dull;
Pennsylvania crude nominally 85; no mar
OIL CITY. Dec. 30.—Credit balances, 63;
certificates, no bid for regular options:
cash closed at 55% bid; shipments, 85,157;
runs, 109,978.
Liverpool market
LIVERPOOL, Dec. 30.—Wheat—Spot No.
1 red northern spring steady, 7s. lOd.
Corn—January steady, 3s. 4%d.; February
steady, 3s. 2%d.
The grain and provision exchange will
be closed Jan. Ist.
Local Quotations
BUTTER—Extra local 32-ounce squares,
"[email protected]%: fancy creamery, Northern, 32-oz]
squares, 67%@70; dairy, 32-oz., 65; dairy
28-oz., 60; fancy tub, per lb., [email protected]%.
EGGS—Choice to fancy ranch, [email protected];
Easterns, 17019.
CHEESE—Martin's New Tork Cheddars,
per lb., M; Eastern full cream, per
lb.. 11011%: California half cream, per
lb., —; Coast full cream, per lb., 12%; Cali
fornia, Downey or Anchor, per lb.. 13%; do
Young America, per lb., 14%; do 3-lb. hand,
per lb., 15%: domestic Swiss, per lb.. 16%;
imported Swiss. 24%@25%; Edam, fancy,
per doz.. 8.&0.
POULTRY—Hens, 4.0005.00 per dosen;
young roosters, 4.0005.00: broilers, 2.75
--©3.50; fryers, 3.7504.26; old roosters, 8.75©
4.25; ducks, [email protected]; turkeys, live, 13014.
GREEN FRUITS.—New apples, [email protected]
per box; strawberries, com., [email protected]; fancy,
[email protected];bananas, b'ch, [email protected], crates extra;
blackberries, per box, —; raspberries, per
box, [email protected]; peaches, per pound. — j
pineapples, per doz., 6.0006.00; Winter
Nellls pears, box, 1.25©1.50; cranberries,
per bbl., [email protected]
MILLSTUFFB—FIour, local mills, 4.80
per bbl.; Stockton brands, 6.05; Oregon,
—; Eastern, 6.75©6.50; shorts, ton, local.
14.00; rolled barley, per ton, 18.00;
cracked corn, per 100 lbs.. 1.00; feed meals,
per 100 lbs., 1.10; bran, 22.00 per ton.
CITRUS FRUlTS—Oranges, navels, 176
©8.00; seedlings, 1.75©2.00; lemons, cured,
2.00; uncured, 1.00; limes, per 100, 60.
GAME—Per doz.: Quail, [email protected]; ducks,
widgeon, 1.6002.00; teal, 1.7502.00: sprig,
[email protected]; mallard, 4.6006.00: canvas backs
5.OO06.OO; spoonbill, 1.5002.00; snipe, [email protected];
plover, 75®1.00; doves. 7501.00; cottontails.
GRAlN—Wheat. 1.60; corn, small yellow.
1.00; large yellow, 90; oats, 1.1001.25; bar
ley, common, 86.
HAY—Wheat, per ton, [email protected]; barley
8.00©10.00; oat, [email protected]; alfalfa, baled, 8 00
©10.00; loose, 7.00; straw, 3.0003.50.
VEGETABLES—Bests, per 10} lbs., 70'
oabbage, per 100 lbs., 75; chllles, dry
per string, 65075; Mexican, per lb., 10011;
green, per lb., B©9; garlic, 3%@4; new
onions, 3.00; beans, string, per lb., 9
@10; cuoumbers, box, —; lettuce, do. [email protected]
20; green peas, per lb., —; turnips, 100
lbs., 85; Hubbard squash, per 100 lbs., 95;
rhubarb, 86 per box; Lima beans, per
lb., —; parsnips, per 100, 1.00; green
onions, per oozen, —; leeks, per dosen,
11; parsley, per doz.. 26; radishes, per doz.
20; cauliflower, per doz., 60®75; summer
squash, per box, —; egg plant, per lb.,
—; spinach, per dos. bunches, 20; toma
toes, per box, 8601.00; okra, per lb., —;
celery, per dos., 46060; sprouts, per lb.. 8.
t_0002.28; Li ma, 1.00©2.26; Lady Washington.
1.0001.80; small .white, 1.7001.80; green Held
peas, 2.6002.75; black-eyed beans. 2.00®2.25;
garvancos, 3.5008.76; lentils. Imported
7.0008.00; lentils, California. 1.6004.00.
NUTS—Walnuts, Los Angeles, 7%08; me
dium Soft. 1%09; soft-shell, Los Nietos.
fancy. 609%; almonds, soft-shell. 10011; pa
per shell, 11011: hard-shell. 708; pecans.
10013: filberts. U%011; Bras Us, io; pinons.
11011; peanuts. East., raw, 6%©6%; roasted
108%: California, raw. 406: roasted. 5%07.
DRIED FRUITS—Apples. sun-dried,
ska, per lb., —; boxes —; evapo
rated, fancy, 708; apricots, fancy. 1;
ekolee, 707%; peaches, fancy, unpeeled, 7%;
pears, fancy evaporated, 8010; plums,
pitted, choice, 9®10; prunes, choice, boxed,
TVs - sack. 6; dates. 6Wa>~; silver prunes,
choice, sks, 7%®8; boxes, 9010; figs, Cal.,
white, per lb., 6®6; California black, per
lb., 506%; California fancy, per lb., 7%08;
imported Smyrna. 12%®15.
RAISINS—Fancy c.usters. 20-lb. boxes,
6.00; 4-crown LL, clusters, 1.76: I-crown
LL, per box, 1.40; l-crown loose, muscats,
per lb„ 6V4; ordinary, loose, per lb.. 4%;
2-crown. loose, In sacks, per lb., 4;
S-crown, loose. In sacks, per lb.. 6%85%;
4-crown, per lb.. 6: Sultana, seedless, choice,
per lb., 7%08; Sultana, seedless, boxes, 25;
quarter boxes, 60c per box higher than
LIVESTOCK—Per lb.: Beeves, 2%©3%;
hogs. 8%08%; lambs, per head, 2.00'a2.50;
sheep, per cwt., [email protected]; calves, per lb..
HIDES—Dry (as they run), 13%; do kip.
11; do calf, 15%; bulls, 7; salt steer, 636,
do stars and bulls, 3; cows, 4%®5%; sheep
skin. 205.
POTATOKS—Per 100 pounds: Potatoes,
common, 7"/'i80; Marly Rase, —: Bur
banks. So*i 1.10; sweet, yellow, 75<?i90; red,
CURED MEATS—Rex hams, 9%: pic
nic hams, S' ,;No. 2, B%;select mild cure,
special fancy breakfast, in; special break
fact bacon, 11%; Rex bacon, 1014: Rex bone
less hams, sugar cured, 9; Rex bone
less butts. 8; Rex dried beef, sets,
—; Rex dried beef, lnsldes, 14%; Rex
dried beef, outsldes, 10; smoked tongues,
15; Dlamoa C breakfast bacon, backs,
per lb., 9; bacon bellies, 9; light medi
um bacon, 9'A; medium bacon, 8; dry
short clear bellies, 16026; avg., 7%; dry salt
clears, 85'rjp40; avg., 7; salt clear backs,
0%; Rex pure leaf lard, tierces, 6V4: ivory,
tierces, 5; cottolene, tierces, GV4: Rexo
lene, tierces, 5Vi; special kettle rendered
lard, 6%.
i{|lo per lb.; strained, 405; beeswax, 209
25 per lb.
DRESSED MEATS—AII per lb.: beef.
606%; veal, [email protected]; mutton, 6%; lambs, 7%;
pork. 5%.
TALLOW—Per lb.. 202%.
Real Estate Transfers
THURSDAY. December 30.
I. D. Lane, guardian, to C. E. Cole—Un
divided one-seventh Interest In tract in
Rancho Paso Bartolo Vlejo; $300.
T. and C. Leahy to Mrs. A. C. Copeland
—Lot 9, block 4. Thomas Leahy's subdivis
ion ot Eighth Street tract; $100.
L. M. Woodward et al. to C. Leu—Lot 34,
Barnhart, Petrie & Crawford's sudbivis
ion ;_ $250.
M." J. Islip to P. Keenan—Lot 10, block
0, Azusa; $150.
F. and H. Eaton to W. H. Holablrd—
Part lots 1 and 2, Extension of Nob Hill
tract; $lUOO.
C. M. Scheel to S. Scheel—NEli Sec. 24, 8
N. 15; $1145.
H. Scheel to same— SWVt Sec. 24, 8 N. 15;
W. and S. S. Stevenson to J. T. Klrk
wood—Lot 97, Victor Heights tract; $1000.
D. Mulr to W. D. Buckner—Lots 25 and
26, block 9, Howes tract; $650.
A. J. Blackmail to L. B. Fovor—Part lots
1, 2 and 3, block 61, Alamitos Beach; lots 1
and 10. block H. Crescenta; $1000.
G. O. and B. A. Kirk to P. Fleming—Lot
3 and part lot 4, block F, Giffln's subdivis
ion of Lopez tract: $475.
H. li. Dibble to Z. F. Dibble—Lot 5, By
ram's subdivision; $700.
W. J. and C. T. De Shields to J. P. and
VV. F. Hanes—Part Sec. 33, 3 S. 11; $1685.
B. L. and D. J. Kennelly to A. A. Al
vord—Lot H and part lot G, block 123, San
ta Monica; $1500.,
D. Scott to O. P. Wldaman—Lot 8, block
16. Mills' subdivision of Sablchl tract; $2000.
R. and E. M. Sherer to E. Staub—Lot 4,
Corbln's subdivision: $750.
E. F. and L. M. Dlller to J. H. Hutchlns
-Part Sec. 28 3 S. 11: $6000.
G. W. and J. W. Stimson to H. M. and
S. R Davis—Lot 9. Victoria tract; $2700.
Deeds 39
Nominal 20
Total considerations $22,568.77
Because the Gerry Society Officers
Forbade It
NEW YORK, Dec. 30.—Madeline, the
9-year-old daughter of Thomas A. Edi
son, the Inventor, was to have appeared
in a charity performance at Carnegie
Lyceum, but the Gerry Society officers
Interfered. They Informed the managers
of the entertainment that Miss Edison
would not be allowed to appear, so her
part was taken by an older girl.
The second half of the program con
sisted of a performance of the Pied
Piper of Hamlin, in Which parts' were
taken by more than one hundred child
ren. Chorus songs and elaborate tab
leaux made up the greater part of the
performance. Mr. Edison's daughter was
to have appeared In what was really
little more than a walking part, only a
few dancing steps being Intermingled.
The managers of the entertainment were
Incensed at the actions of the Gerry
agents, as they had taken special care
to obtain Mr. Edison's consent to the
appearance of his daughter in the tab
At the rooms of the Gerry Society the
only explanation vouchsafed was that
the proposed dancing of Edison's daugh
ter was clearly contrary to the law.
Mr. Edison took the matter good
naturedly. He said: "My opinion is
that the Gerry Society is probably a
good and necessary institution, but its
agents de not always use horse sense,
as it appears in this case."
Mrs. Edison snid: "Commodore Gerry's
action was wholly uncalled for. If there
was the slightest idea that there could
be anything demoralizing I certainly
should not have let my daughter come
in the first place. Her dance is simply a
parlor dance."
A New York Crook Has Good Finan
cial Backing
BOSTON, Dec. 30.—1n connection with
the case against John Reed, the alleged
bunco man, who has been several times
arrested within the past few days on
charges of swindling, the Globe says that
a Cambridge man who went bonds for
Reed says there are half a million dollars
behind Reed to secure his freedom from
the charges pending against him.
The suggestion is that it Is a regular
syndicate back of him which is willing
to put up any amount of money rather
than have its operations exposed. It
Is now believed by officers who have had
much to do with the case that Reed's
real name Is George Spencer. A full de
scription of Spencer has Just been re
ceived here from the West and it is said
to fit Reed to a dot.
Spencer has been Indicted In seventeen
States and has, with his associates, sep
arated more than $250,000 from Its un
wary owners. Spencer Is known to have
had as his pal in many of his operations
"Little Lou" Ludlum.
; Will Be Much Snugger With * New
NEW YORK, Dec. 30. —The Herald
The following resolution has been
adopted by the Board of Trustees of the
Sailors' Snug Harbor:
"Resolved, That It Is the Judgment of
the Board of Trustees that the adminis
tration of the harbor should be changed
aa soon, asjit can be effected consistent
Capital paid up 8500,000.00
Surplus and reserve $875,000.00
L W. HELLMAN, President: H. W. HELLMAN. Vice-Pres.; H. J. FLEISHMAN*
Cashier; G. HEIMANN. Assistant Cashier. Directors —W. H. PERRY. O. W.
Special Collection Department. Correspondence invited. Our Safety Deposit De
partmnt offers to the public safes for rent In its new Fire and Burglar-Proof Vault,
which Is the strongest, best guarded and best-lighted in this city.
At Los Angeles
Capital and Profits. $270,000.00. " T.
H. M. LUTZ Vice-President N. W. STOW ELL, E. F. C. KLOKKH,
R. t ROGERS Assltant Cashier' A HADLEY.
United States Depository
CAPITAL $300,000.00 SURPLUS 150.000.00
Total $560,000.00
GEO. H. BONEBRAKE President WARREN GILLELEN...Vice-President
F. C. HOWES Cashier E. W. COE Assistant Cashier
Geo. H. Bonebrake, Warren Glllelen. P. M. Green, Chas. A. Marrlner, E. P. John
son. 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
Corner Main and Second Streets A
H. W. Hellman, J. F. Sartorl W. L. Grave_,_
J. F. SARTORI President H. J. Fleishman, C. A. Shaw. F. O. John-B
MAURICE 8. HELLMAN..Vice Presldent|son, J. H. Shankland. J. A. Graves. M. _■
W. D. LONGYEAR Cashier Fleming. M. S. Hellman, W. D. Longysar.w
Interest paid on term and ordinary deposits 1
Money loaned on flrst-olass real estate 1
CAPITAL STOCK $400,000 Surplus and undivided profits 0ver..5260,001
J. M. ELLIOTT President W. G. KERCKHOFF Vice-President
FRANK A. GIBSON Cashier G.B.SHAFFER AssistantCashlst
J. M. Elliott, J. D. Blcknell. F. Q. Story, H. Jevne, J. D. Hooker, W. C. Patterson,
Wm. G. Kerekhoff.
No public funds or other preferred deposits received at this bank.
Capital 8500,000
W. 3. WOOLLACOTT President WARREN GILLELEN. Second Vice-Pres.
J. F. TOWELL First Vice-President J. W. A. OFF Csshlsr
M. B. LEWIS Assistant Cashier
A general banking business transacted. Interest paid on time deposits. Baft de
posit boxes for rent.
Capital paid up $100,000
Junction of Main and Spring and Tern pie sts., (Temple block), Los Angeles.
OFFICERS AND DIRECTORS—T. L. Duque, President: I. N. Van Nuys. Vlos-
President; B. V. Duque, Cashier; H. W. Hellman, Kaspare Kobn. H. W. O'Melvenr,
J. B. Lankershim. O. T. Johnson, Abe Haas, W. G. Kerekhoff.
Money loaned on real estate. Interest paid on term and ordinary deposits.
230 North Main Street
J. E. Plater. President; H. W. Hellman, Vice-President: W. M. Caswell. Cashier.
Directors. L W. Hellman, J. B. Plater, H. W. Hellman, I. W. Hellman. Jr.. W.
M. Caswell.
Interest paid on deposits. Money to lo an on first class real estate.
Paid up Capital and Profits $143,000.
COR MAIN AND FIRST STS. Victor Ponet, President: L. W. BHnn and C. N.
Flint. Vice Presidents; M. N. Avery, Cashier; P. F. Schumacher, Assistant Cashier.
Interest paid on deposits. Money lonaed on real estate.
152 North Spring St. Interest Paid on Deposits
DIRECTORS—J. H. Braly. J. M. Elliott. H. Jevne. Frank A. Gibson, Simon Malar.
W. D. Woolwlne. W. C. Patterson. Safe Deposit Boxes for Rent.
Subscribed capital over $2, 501.000.00. Paid up capital oyer $650,000.00. Money to loan on easy
terms ot repayment. OFFICERS AND DIRECt6rs-W. Q. Cochran. President; A. E. Pom.
eroy, Vice President: Frank A. Gibson, Treasurer: V. W. Wood; C. J. Wade. Secretary.
152 N. Spring Street. (Incorporated 1891)
H O. Bundrem, Secretary. Officers and Diroctors-W. A. Spalding, Pres.; John W. A Off, Vlce-
Pres - „ C Bllicke, J. H* Braly, H. Jevne, H. F Vollmer, A. H. Braly; Southern California
Savings Bank, Treas. Money to loan on easy terms of repayment.
SuickWrVice 212J S. Spring St. fg^l*u»^w
Quickest Service. Te , none M "_ n r m Los Angeles National Bank.
Dally Report Mailed upon application. F. P. BITRCH.
i—!___ jg. 1 Bookbinders and . .".
UIaSS 0- Ming Blank Book Manufacturers
213-215 NEW HIGH ST. Los Angeles ___n.M»i
ly with the proper care of the Institu
This resolution Is the outgrowth of the
Investigation which has been going on
for the past month into the affairs of the
harbor, charges having been made
against the Governor of the harbor, D.
F. G. Trask, on the score of misman
agement of the Institution and 111-treat
ment of the inmates.
It was on account of a personal appeal
by Rev. Morgan Dlx that time was given
for Governor Trask to hand in his resig
nation. A copy of the resolution as
adopted will be sent to Governor Trask,
and lt is announced that if his resigna
tion is not forthcoming his dismissal will
Becomes a Beau
NEW YORK, Dec. 30.—William K.
Vanderbllt has blossomed out as a co
tillion leader, and society claps its gloved
hands In demure admiration. The inno
vation means that the most sprightly
and by far the most popular member of
the Vanderbllt family has finally cast
beyond him the matrimonial griefs
which found their climax in the divorce
court. It means that the owner of superb
town and country houses and of the re
nowned yacht Valiant has foresworn
sackcloth and ashes in favor of a beau's
career. It means that the most eligible
"catch" In the marriage market has defi
nitely placed himself In rivalry with the
bachelors. And society Is at a loss to
name any bachelor who can compare
with Mr. Vanderbllt In wealth, good
looks, Jollity and personal charm..
Mr. Vanderbllt's debut as a cotillion
leader was made at a surprise party
at the home of Mr. and Mrs. Henry
An X Ray Problem
ST. LOUIS, Dec. 30.—1n a letter re
ceived by a physician of this city from
George Apostoli, the noted French phy
sician and surgeon, Apostoli says he has
discovered the secret of preventing the
evil effects which usually ensue from the
application of the -X ray. He says he
simply connects the machine with the
ground by a metallic circuit. Under this
system he has turned the X ray upon
hundreds of patients and not pnce have
there been any deleterious effects from
the rays.
Arrested for Forgery
WEBSTER CITY, la., Dec. 30.—Sher
iff Sinclair of this county has arrested
Frank Melvln of Greely, Col., on a charge
of forgery. Melvin's forgeries are, said
to have amounted to several thousands
of dollars.
A Famous Claim
LIVERMORE, Cal., Dec. 30.—Fernan
do Marchona, once the possessor and for
many years the claimant, of a large tract
of land in the very business heart of San
Francisco, has died a pauper in this
town 1
| I
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§ sack of Orange Brand i
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f| | who pays one year's if
i | subscription to THE |
& | Herald in advance. i
OWitNTAL I iS vaudS Wt±
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The Only Complete Work on this topio
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its wonderful pulse diagnosis, Its uniform
use of absolutely non-poisonous herbal
remedies, Its rapid progress In the United
States, Its eminent leading practitioners.
Its novel theories of the origin, causes and
treatment of many prevalent diseases, and
the experiences of some of Its patrons In
Southern California. Also gives valuable
hints and advice on diet and ways of liv
Invaluable to Invalids—lnteresting to All
240 pages, printed on heavy book paper,
in clear, readable type; nicely bound. Il
lustrated; price, paper, 50 cents; cloth, SL
Sent by mall on receipt of price. Address
The Poo and Wing Herb Company, pub
lishers, 903 S. Olive street, I.os Angeles.
Allen's Press Clipping Bureau*
Los Angeles, Cal.
Furnish advance reports on all contract work,*
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, pings itom all papers la toe United States. 1

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