The herald. [microfilm reel], February 20, 1898, Page 23, Image 23

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

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

                
THE INVESTOR
OFFICE OF THE HERALD,
Los Angeles, Feb. 19, 1898.
"To place wit abovo sense, Is to place
superfluity above utility."
000
The San Francisco Bulletin says: "It
appears to bo conceded that Hot:. Mr.
Markloy of Santa Rosa will bo appointed
bank commissioner In place of Col. Fuller,
whose four year term expires this month.
Should the appointment be made, Mr.
Markley will probably assume the office
on tho Ist of March."
000
The Commercial Bulletin has the foi-*
lowing to say about the walnut crop of
this section, which Is usually regarded as
ono of the most certain and profitable of
all the products of Southern California:
"The walnut crop ot 1897 is ut lust about
marketed. Those who sold earlier got about
b cents for soft shell and 7 cents for stand
ard. Those who held and then were forced
to consign their goods to eastern commis
sion men got about 3 cents net for either
kind. What was the trouble? The grow
ers gave out that the California groves
would yield not to exceed half a crop. Tho
fact is they turned out 50 per cent more
than the crop of any previous season.
Meantime, acting on the report of a short
age, eastern merchants purchased freely
French nuts, and the result was that there
were twice as many of the goods ns the
markets could take care of. After the
holidays what yvas left bad to be sacri
ficed.
'"To remedy this bad condition of things
two or thrco things win be necessary.
First, growers will do well to make more
careful estimates of the crop. Second. It
will be well to bear in mind that French
nuts can be Jobbed in New York at about
BV4 cents, and therefore yve cannot get 9
cents for ours In California. Again, the
larger associations will bo obliged to reck
on with th© smaller ones. Some of the
growers who held the umbrella this year
are cold and wet, and say they will not be
caught out In the rain again. Some say
no matter what price the big associations
put on their crop Ibis y ear, they will sell
at half a cent under that rate and beat
them.
"The practice of putting a largo slice nf
the crop In the hands of one or two firms
excites bitter hostility among tho houses
and brokers, who do this Interest all possi
ble Injury. It would seem better to make
an open market, get up competition among
the buyers and give each man an even
chance. Then the raco will be to the best
rustler, who has the best judgment, and
the growers will fure better."
000
A Fort Scott, Kas., dispatch says: "The
death knell of the once promising sorghum
sugar Industry in Kansas, upon which the
government spent almost $250,000 in experi
ments, was sounded hero today, when the
last piece of sugar machinery in the state
was sold to Nebraska men for shipment to
(hat state. The machine was from the
Parkinson factory nt Fort Scott, nnd cost
$104,000. It sold for $9000. This was the llrst
station established by the government nnd
survived all others. The Industry in Kan
sas collapsed after the government re
moved the bounty on sugar."
000
"Perhaps the most humiliating Incident
to Englishmen in Ihe invasion of this mar
ket by Americans is the trade just begun
in golf clubs." says the London corre
spondent of the New York Sun. "An agent
of an American hou&e came here a few
days ago and hnd no difficulty In obtaining
orders for KOOO clubs from the largest deal
ers in golf goods lv Scotland and England.
The reason is (hat the American clubs are
better made and finished than the English
ot anything like the same price. The rea
son why Americans can undersell the
British makers Is that Improved machin
ery and advanced methods of manufacture
aro used in America."
000
The high pressure attained In the steel
trade Is demonstrated by tho announce
ment that one of the largest steel plants
ln the country will hereafter run seven
days In the week. "To the best of our
knowledge." says the Iron Age." this Is un
precedented. For short periods, when the
demand has been exceptionally heavy, en
croachments have been made on Sunday
by putting on a full turn on Sunday night,
but the machinery was stopped for half to
three-fourths of the day. ln the case of
this plant, however, no day of rest Is to he
taken. The Amalgamated assoclatfon ob
jected, but Its Objection appears to have
been merely formal, as the members who
are employed In the works are nut dis
pleased at the opportunity to increase
their earnings. Something hnd to be done
to enable clamoring customers to be sup
plied with steel, and the addition of an
other working day to the week was re
garded as the simplest solution of the dif
ficulty. It will probably be only a tempo
rary arrangement, as continuous operation
of steel works and rolling mills is hardly
practicable."
000
The Pittsburg, Pa., Wire company has
shipped 600 tons of rods to Toklo. Japan,
as the initial supply for the first wire mill
to be built In Japan.
000
It Is said that the Calumet & Hecla sold
8,000,000 pounds of copper to Connecticut
manufacturers at 11 cents before it with
drew from tho market at that figure.
000
A Philadelphia dispatch says: A sale of
1500 tons of pig iron has been made In
this market for San Francisco delivery.
000
The Tradesmen's National bank of New
York has absorbed the Clinton bank. The
former was organized in 1823, and has
among its patrons two or three genera
tions. This Is the second or third bank ln
New York to bo absorbed ln the last few
months.
Incorporations
Noyo Shingle company, San Francisco;
$20,000; subscribed, $625.
Haslett Warehouse company, San Fran
cisco; $200,000; subscribed, $2500.
Grovcr Cleveland Gold Mllnlng company;
Monterey; $100,000; all subscribed.
Yukon Commercial company, San Fran
cisco; $25,000; all subscribed.
Alaska and Arctic Mining company, San
Francisco; $4000; all subscribed.
National Bank Changes
The latest bulletin of the comptroller of
the currency, dated February 14, gives the
following among other changes:
National Banks Organized—The America
National bank of Chicago, HI.; capital,
$1,000,000; Isaac Q. Lombard, president; Ed
ward B. Lathrop, cashier.
The Astor National bank of New York,
New York; capital, $300,000; George F. Ba
ke £ en ? Sl .?, r nA,£ F harles F- Bevlns, cashier.
TT» ( J^ls to^ xls s?, ncc of Notional Banks
F»™ iT?? n P J r ;' National bank of
1918 Dakota, until February 13,
An^ P r P ov.rt tlo ThV°^r Kanl . aiP . National Banks
C^XrRsTL. 6 S Uizen * National bank of
a. R by Pl t <J h S e fo^ln^'persons? l^ l g
the following persons: EVj/Vawtor s2'J?n
Monica, Cal.; R. R. Harris J v ra-SSK?
H J. Vawter. Jr Frank A. Gibson^
Liquidation. - The National bank of
America at Chicago, Ills., by resolution °i
XL 1 8 8 t^ khoIders - t0
Mortgages, $1000 and Over
C. P. Kirk et al. to W. O. Jackson-
Lot 20, blk B, Wheeler trt I yrs To
Per cent ys' lv ...
*5 w to S H „- lot
I-Hl HlU'b sub., 2 yrs, 9*4 per cent 1 000
L. F. Laverty et al. to T. STMcKee—
Part Sec. 80, 1 N. 10, 1 y^WpVr
W. L. Riley etal to jVvVc'armlchaei- 6 '°°°
mV™ 3ft blk 7 ' ° ld Homestead
w ' P- Sack et al. to State Mut. B
& L. Assn-Part lot 1, Griffin's add
• yts, IS per cent j 000
CONDUCTED BY GEO. A. DOBINSON
Q. P. Valhy to W. C. Murphy—Part
lot 11, blk I, Mntt tract, 3 yrH. 11 per
cent 2,200
J. B. Bird et al. to German Amer.
Say. Bk—Part lots 39. 40 und 41, Jud
son trt, 3 yrs, 10 per cent I.OOQ
W. and K. A. Meek lo Fraternal Mut.
B. & L, Assn—Lot 1 and part 2, blk
19, Park trt, 8 yrs, 0 per cent 1,000
J. P. Widncy et al. to M. E. Haynes—
Ist, beg. ln W. line of Hill aye., dlst.
190 ft. 8. of 8. line Fourth st, th.
W. par. with Fourth st. 165 ft., etc.;
2d, about U ac bd E. by Pasadena
aye., N. by Floral st., etc.; 3d, und.
% Int. in Sees. 2, 4. 6, 8. 10. 12, 11 and
18, 5 N. 8; 4th, purt of Maclay Ro.;
sth, prop, ln Pacolma; 1 yr, 8 per
cent 15,000
8. IJ. Mclntyre to H. D. Donncll—Part
Sec. 14, 1 8. 14; 3 yrs.. 6 per cent.. 1.750
E. Parsons to A. 8. Chupln—Lots 2.
7. 8 and 9, replat of E. Parson's sub.,
also part lot 2. Loop & Meserve trt,
2 yrs, 3 per cent per month 1,145
T. A. House to Capitol Milling Co.—
Part of Phillips trt. Ro. San An
tonio; 2d, lot 9. Whish t's sub.; 3d,
part lots 8 and 10, blk 11, 10. L. A.;
2 yrs, I! per oent 6,500
J. L. Vlereck et al. to a. O. Green-
Lots 1 to 13, blk 25, Altndenn No. Ij
2 yrs, 10 per cent 4,000
Fifteen mortgages under $1000 8.065
Total $51,210
Releases, $1000 and Over
H. T. Ncyvell to J. W. GrllTln. .197-137 $1.80(1
O. Eshman to (1. \V. Burton. 537-150.. 1.000
L. C, Walbrldge to H. C, (totaling,
330-202 1,500
Alex do Hurra to H. C. Hover, 805-58.. 1,000
California Say. Bk to It. B. 1)111, 543
--69 1,000
it. L. Crowder to w. Meek. 33:1-201.. 1,500
L. Wilson to H. W. Lewis. 431-241.. 1.400
Columbia Say. Bk to A. S. Stimson,
554-52 1,050
Eleven releases under $1000 0.325
Total $10,575
ON 'CHANGE
Conditions Shown by the Dealing's on
Wall Street
NEW YORK, Feb. 19.—There was a fool
ing of uneasiness over the European polit
ical situation reflected from all foreign
exchanges today before the opening of
trading on the New York exchange. The
collision of British and French authorities
ln the Niger district and the excited con
dition of the public mind In France yvas
the motive \»f the heaviness which In Lon
don resulted ln a fall of % In British con
sols. Declines ln Americans reached a
point in London in a number of cases be
fore the opening here, and as v consequence
soiling orders were placed for London ac
count at the opening. There was no local
support for prices. The London selling
was a feature of the day, but the supply
of St. Paul from that source was sufficient
to meet a large demand here, and keep tlu
price down. The rate war In prospect be
tween the Canadian Pacific and the trans
continental lines in the United States Wat
a large factor, causing a decline of 3 points
In Canadian Pacific and of less amounts
in the other roads affected.
The week's developments In the Cuban
question effectually unsettled the market,
and precipitated a heavy lluuldtitlon of
speculative accounts, Prices of securities
wore recognized as discounting ton certain
extent future prospects, but confidence in
the future had been sufficiently firm to
prompt the holding of long lines until the
De Lome Incident and the Maine disaster
awakened further uneasiness. This un
easiness caused the bulls lo abandon plans
for any present aggressive advance in
prices and caused the liquidation of nu
merous holdings of long stooks, as well as
tho throwing on the market of large
amounts of stock as dislodged by the un
covering of margins.
The situation generally, aside from the
Cuban question. Is recognized as a strong
one. Today's bank statement reflects con
ditions that may account for some of the
week's liquidation lv Wall street.
Bonds hold relatively much tlrmer than
stocks during the week and showed evi
dences of continued large absorption for
investment. Business was not as large us
In the previous week, which was of cun
slderuble volume, and net declines In prices
were unimportant. Total sales. $24,220,000.
United States new fours declined %; do.
registered, %; old fours, registered, : S>; do.
coupon, >,i: and the fives, V, bid.
Money in .the Banks
NEW YORK, Feb. 19.—The weekly bank
statement shows tho following changes:
Surplus reserve, decrease $6,748,000
Loans, Increase 7.705.500
Specie, Increase 1,860,100
Legal tender, decrease 8,646,600
Deposits, decrease 123.3011
Circulation, decrease 136,600
The bunks now hold $2.">.658,450 in excess
of the requirements of the 25 per cent rule.
The Flnencier says: The statement of
the Associated banks for the week ending
February 19 Is remarkable for Its loan, and
cash showings. Ordinarily, an Increase- of
$7,075,500 in loans is accompanied by a pro
portionate expansion in the deposits, but
In the current statement deposits are al
most stationary, showing a decrease of
$136,600. On the other hand, there was a
loss of $6,779,400 in cash, th# gain of $1,866.
--100 In specie having been offset by a de
crease of $8,345,500 In legal tenders. Where
this money went is somewhat problemati
cal, but the statement analyzed as to In
dividual changes shows one large bank to
have lost nearly $5,000,000 in cash. Its loans
remain at nearly the same figure previous
ly reported, and its deposits have fallen oft
$5,000,000. Three of the other banks seem
to have lost $3,000,000 In cash, thus account
ing for the total change for the week.
As the reserve requirements for the week
were not affected by heavy deposit changes
the loss in cash reduces the surplus reserve
by almost the same amount drawn out
of the banks. The excess of money in bank
is now down to ,$25,688,450, an amount almost
one-half as large as reported for the same
week last year. Since January 29 this year
the loss in reserve has been $10,000,000, while
inrZ ™ ha V e lnc £ enßp d $16,000,000 and loans
*Ai.txx),ooo. In other words, loans are ex
panding faster than deposits, and cash Is
decreasing as a result, although the latter
has been the case for only one week It Is
significant as showing that the flow of
money to this center has been checked to
meet growing demands at Interior points
New York exchange at nearly all domes
tic centers Is at a discount, and the actual
shipments of currency to the banks tn a
num .L e / .°. f I, ities *idely separated is a
healthful ndlcation of better trade condi
tions. If It continues, and the outlook is
that it will, a firmer money market will be
only a natural result.
rrS. AI L FI J ANC !. IS ,9 0 ' Feb ' "-Bar silver,
55%; Mexican dollars, 46*4®47c
NEW YORK, Feb. 19.-Bar silver, 55%;
Mexican dollars, 45%.
Prices and Prospects of the Trade In
Cereals
CHICAGO. Feb. 19,-The most Important
information which wheat traders had to
start with was the statement made by
Joseph Leiter that he had engaged ocean
freight room for 4,000.000 bushels of his
wheat, all of which had been sold to mil
lers and consumers. Liverpool cables also
showed some strength. The result was a
very strong opening, May starting un
changed to >*c higher, at from $1.03M.«J1 04
advancing at once to $1.05. There was a
remarkable scarcity of offerings and It
took but very little buying to advance the
price.
July was fully as active and strong as
May, opening H©%c higher, at 88%rftS9c
and rising to 90c before enough wheat came
out to stop the advance. For half an hour
the market held around J1.05 for May and
90c for July. July then suddenly broke
loose. Traders, In trying to protect them
selves against weekly calls, discovered
that the market was practically bare of
offerings, and ln their anxletv to get wheat
began raisins: their prices half a cent at a
time. That brought short Interests to the
pit in a hurry. About the same time bro
kers for Letter appeared with a number of
buying orders, especially for July. The
market advanced so fast that changes tn
prices could hardly bo kept track of. A"U
shorts tried to stop losses, and for nearly
an hour the market was ln a state of ex
citement seldom seen. In the meantime
May had advanced to Jl.Ofl and July to
a W:• more than Be over yesterday's close.
Iei c "sures the market was flooded
with wheat on realising sales and sharp
, declines followed. May dropping irregular
Silver Bullion
CHICAGO MARKET
LOS ANGELES HERALD: SUNDAY MORNING, FEBRUARY 20, 1898
ly to Jl.or, and July to 9134 c, after which the
excitement died down to a great extent.
Nevertheless, tho market was extremely
nervous to the close, and the fluctuations
In both of the futures rapid, and at times
violent.
The ordinary news of the day was en
tirely neglected. Closing prices were $1.06
for Muy and 92'Ao for July.
Corn was excited and higher, due prin
cipally to the bulge In wheat. May closed
Mio%c higher.
Cats wire fairly active. May closed %c
higher.
Realizing In provisions was pronounced
all day. but the demand was good, espe
cially from shorts. At the close May pork
was 7Uc higher. May lard 2<*o higher, and
May ribs 2Vic higher.
SAN FRANCISCO MARKET
Call Board Dealings and Prices of
Produce
SAN FRANCISCO. Feb. 19.— Wheat-
Strong; December. 1.34; May, 1.42 I ,'.
Barley—Strong: May, 1.01%.
Corn—'Large yellow, 1.07V401.10.
8ran—19.00019,50 per ton.
Flour—Family extras, 4.5504.66; bakers'
extras. (.30(8 1.40.
Wheat—Snipping wheat, 1.41%©1.42H for
No. 1, find 1.43% for choice; milling wheat,
1.20?t 1.25.
Barley—Feed, good to choice, 1.0501.07 V.;
fancy, I.loj brewing. 1.12H01.20.
Oats—Poor to fair. 1.12V/11.15; good to
choice, I.I7H€LSIH; fancy food. 1.82H01.26
per cental; gray. 1.1601.11%; milling, 1.17 V.
©1.2214; surprise. 1.26 ©1.36; black tor seed,
1.8601.50; red, 1.3501.45.
Mlllstuffs—Middlings, 22.00fi25.00 per ton;
bran, 19.50020.10.
Hay—Wheat, 16.00018.00; wheat and oat,
16.00018.00; b. st barley, 18:50018.50; alfalfa,
10.60011.50: ( lover, 11.OtKu 12.50; stock. il.OU'.i
12.00.
Dry Beans—Pink, 2.8002.75; Lima. 2.000
2.10; small white, 1.6001.60; large while.
1.5001.60.
Potatoes—Early Rose, 85075 c percental:
River Burbanks, 66075 c: River Reds. 500
60; Salinas Burbanks, 8501.80; Oregon Bur
banks, 66C01.OO; Merced sweets. 75''!85c.
Vegetables—Unions. 2. r iO'd2.7s per cento.:
Ilbthouse cucumbers. 50C0L85; garlic, .'f'V'i
Ie; green peas, 4ff<6e; string beans, 10015 c
per lb.; asparagus. 25030; egg plant, TO/
20c; green peppers, 26c; mushrooms. 8015 c.
citrus Fruits—Navel oranges, 76001.26;
Mexican limes, repack. 0,6008.50; com
mon California lemons. 75c.0i.28; choice
California lemons, 1.6001,76.
Butter—Fancy creamery, 24f/2P/ic per lb.;
do. seconds, 22%023c; fancy dairy, 22c; do
seconds, 20021 c,
Eggs—Store, lO%ollc per dozen; fancy
ranch, 120UC.
Poultry—Turkey gobblers. 9@llc perlb.;
old roosters, 8.2608.50 per dos.; young roost
ers, 4.50(i>f,.00; small broilers, 4.(HMii.SO;
largo broilers, 6.0005.50; fryers, 5.OOS1O.OO;
hens, 3.6004.50; old ducks, 3.50rU4.50; young
ducks, —-o —-; geese. 1.3601.50 per pair;
goslings, ——0 ; old pigeons, 1.00; young
pigeons, 1.50if/2.50.
Dried Fruit Prices
NEW YORK, Feb. 19.—California dried
fruits: Apples quiet: other fruits barely
steady.
Evaporated apples—Common, 507% c per
pound: prime wire tray, 8V»0l wood dried,
lirlmc. BV4c; choice, l%c; fancy, 90ft%c.
Prunes—soßc.
Apricots—Royal. 507f4e; Moorpark, 9011.
Peaches—Unpeeted, Wt9c; peeled, 12f/2t)c
Petroleum
Oil. CITY. Pa,, Feb. 19.—Credit balances.
(ISc; certificates closed 76*40 bid for March
delivery; shipments. 9,"i,:i72; runs, 96,003.
Local Quotations
BUTTER—Extra local ,12-ounce squares,
firm at f>7Vi<!t6oc; fancy creamery, north
ern 32-oz. squares, 57H: dairy, 32-oz., 62 Vy©
56; dairy, 28-oz., 46®47 , ,i; fancy tub, per lv.,
25; process, 20021 c.
EGGS—Choice to fancy ranch, 10©llc.
CHEESE—Martin's New York Cheddars,
per lb., 14; eastern, full cream, per lb., 13
01314; California half cream, per lb.. ;
coast, full cream, per lb., 12; California,
Downey or Anchor, per lb., 12%; do. Young.
Amarica, per lb., 13; do. 3-lb. band, per To.,
14%: domestic Swiss, per lb., lG'.i; Imported
Swiss, 24V4®35*4; Edam, fancy, per doz.,
9.50(910.00.
POULTRY—Hens, 4.2004.50 per dozen;
young roosters, 4.500 5.00; broilers, 3.75®
4.25; fryers, 4.2504.75; old roosters, 4.2505.00;
ducks, 4.50©7.00; turkeys, live, 12014; tur
keys, dressed, 10017; geese, 1.00191.50 apiece.
GAME—Per doz: Quail, 75c®1.00; ducks,
widgeon, 2.0002.50; teal, 1.50®2.00; sprig,
1.2502.75; mallard, 4.00tfi5.00; canvas backs,
6.0007.00; spoonbill, 1.5001.75; snipe, 50c©
$1.25; plover. 35060 c; doves, 7501.00; cotton
tails, 1.0001,15.
VEGETABLES—Beets, per 100 lbs., 1.00;
cabbage, por 100 lbs., 75c; chiles, dry, per
string, 66076 c; Mexican, por lb., 10011;
green, per lb., 26; garlic, 4©5; onions, 3.25®
3.50; beans, per lb., ; carrots, 100 lbs.,
1.00; green peas, lb., 6®Bc; turnips, per
lb., 85; Hubbard squash, per .100 lbs., 96;
parsnips, per 100 lbs., 96c©1.00; green onions,
doz., 40c; leeks, per doz., 15; parsley, per
doz., 35; radishes, per doz., 20c; cauliflower,
per doz., 50000; summer squash, per box,
1.60; egg plant, per lb., ; spinach,
per dozen bunches, 20; tomatoes, per box,
I.oo® 1.50; egg plant, per lb., —; celery, doz.,
45®S0c; sprouts, per lb., BV4e: beans, 14016;
red cabbuge, per dozen. 1.0001.25.
POTATOES—Per 100 lbs: Potatoes,
common. 90'/(95c; Early Rose, seed, I.oo®
1.10; Burbanks, 1.1001.25.; sweet, 1.0001.23.
GREEN FRUITS—Fancy apples, 1.25®
1.50 per box; choke, 1.0001.25; poorer
grades, 500750; bananas, per bunch, 1.50®
2.25, cratos extra; pineapples, per dozen,
5.00®COO; Winter Nellls pears, box, 1.50®
1.75.
CITRUS FRUlTS—Oranges: Extra fancy
Redlands n&vols. 2.60; fancy, 2.00; choice,
1.50; extra fancy Redlands seedlings, 1.50;
fancy, 1.25; choice, 1.00; lemons: cured,
fancy, 1.25; choice, 1.00; green lemons, 75;
grape fruit, per dozen, 7501,25; guavns. per
box, 6®7; Tangerine oranges, 1.7502.00.
RAISINS—Fancy clusters. 20-lb. boxes,
1.75; 4-crown LL clusters, 1.40; 3-crown LL
per box, 1.15; 2-crown, loose, in sacks, per
lb., 4c; 3-crown, loose, in sacks, per lb., 4®
4V4; 4-crown, per lb., 6; Sultana, seedless,
per lb., 714080; In boxes He higher.
DRIED FRUITS—Apples, sun dried,
sacks, per lb., 6; boxes, —; evaporated,
fancy, 809; apricots, fancy, 8; choice, 7©
7V4; peaches, fancy, unpeeled, 406; pears,
fancy evaporated, 8010; plums, pitted,
choice. 809; prunes, choice, boxed, 7V409;
sk., 4®6; dates, 606V6; silver prunes, choice,
sack, 7W08; boxes, 9010; figs, California
white, per lb.. 506; California black, per 16.,
505V4; California fancy, per lb., 7li08; Im
ported Smyrna, 1216015 c.
BEANS ARD DRIED PEAS-Plnk, 3.50;
Lima, 1.90<u2.25; Lady Washington. 1.85®
2.00; small white, 2.00112.10; green field peas,
3.0003.25; black-eyed beans, 3.0003.50; gar
vancos, 4.0004.50: lentils, Imported, 7.00®
8.00; lentils, California, 3.5004.00.
NUTS—Walnuts. Los Angeles, 807; me
dium soft, 7©Be; soft shell. Los Nletos,
fancy, 7c; almonds, soft shell, 9; paper
shell, 10; hard shell, 405; pecans, 10012;
filberts, 11W012; Brazils, 11012: plnons, 11
012; peanuts, eastern, raw, SHO6H; roast
ed. B®BV4c; California, raw, 405; roasted,
6V407.
HONEY AND BEESWAX—Honeycomb,
708 per lb.; strained, 405; beeswax, 20®
26c per lb.
GRAlN—Wheat, No. 1, 1.60; No. 2. 1.50;
corn, small yellow, 1.15; large yellow, 1.10;
barley, common, 1.05.
MILLSTUFFS—FIour, local mills, 4.80
per bbl.; Stockton brands, 4.85; Oregon, 5.05;
eastern, 5.75 07.25; shorts, ton.vlocal, 20.00;
whole barley, per 100 lbs., -—-; rolled bar
ley, per 100 lbs., 1.05; whole corn, per 100
lbs., 1.0501.10; cracked corn, per 100 lbs.,
I. 10; feed meals, per 100 lbs., 1.20; bran, per
ton, 24.00; oats, 1.60; graham, per 100 lbs.,
2.30.
HAY—Wheat, per ton, 1.00013.00; barley,
11. 00013.00; oat, ; alfalfa, baled, 11.00®
12.00; loose, ; straw, 6.00.
DRESSED per pound: Beef,
No. 1, 6%c; No. 2, 6%; hind quarters, No. 1,
B*4; hind quarters, No. 2, 1%; rtbs of beef,
10; veal, 708; mutton, 7; lamb, 8; pork, 609.
CURED MEATS—Rex hams, 9%; pic
nic hams, 5*4; No. 2, BV4U select mild cure,
8%; special fancy breakfast, 12; special
breakfast bacon, 11*4; Rex bacon. 10; Rex
boneless hams, sugar cured. 9; Rex bone
less butts, ; summer sausage, 16c;
Rex dried beef, insides. 14*4; Rex dried
outsides, —; smoked tongues, 15; Diamond
C breakfast bacon, backs, per lb., 9; bacon
bellies, 9; light medium bacon, 9%; medium
bacon, 8%; dry salt clear bellies, 18-26 ay.,
8; dry salt clears, 35-40 avg., 7%; salt clear
backs, 7; Rex pure leaf lard, tierces, 7; Iv
ory, tierces, 5%; cottolene, tierces, 6*4;
Rexolene, tierces, 5%; special kettle ren
dered lard, 7%; Orange brand, 50s, 6%: 10s.
7%; 6s. 7V4; 3s, 7%.
TALLOW—Per lb., 203*40.
WOOL—Nominal.
LIVESTOCK—Per lb.: Beeves. 29403-%;
hogs, 360,1%; lambs, per head, 2.0002.50;
sheep, per cwt., 2.5003.75; calves, per lb .
3'/.04e.
HIDES—Dry (as they run), 1414: do. kip,
12; do. calf, 16*4; bulls, 7; salt steer. 5®6;
CHILD LOVE.
Munyon Tightens!
Home Ties.
He Brings Repose and Relief
to Mothers Mind.
Can children love their parents too much?
The little onus look to their father and mother
for food and shelter and foi w'sdom and ex*
ample. The sense of de
iflftjMWAi* pendence and gratitude is
jfiy E r the ,n of childish
l«vc. Ho.v happy itre
dmffz P aren ts who can make
****
vn\l prevent
long and dangcrouf* spells of Illness, and save
many a dollar in doctor's lees,
Munyon's HomoßO.pathiC Home Remedy
Company compound a separate specific for each
disease. They are for sale by druggists, mostly
for 35 cents each. Personal letters to Professor
Munyon, 150s Arch street. Philadelphia, Pa.,
are answered with free medical advice for any
disease.
AS THE OLD CLOCK RAN DOWN
It Had Stopped but Twice, on Two
Very Sad Occasions
He had sent for his old mother to come
and spend the holidays with him and his
fashionable wife in their fine city home.
After much urging, she had consented to
a week's \dsit, telling him she would ex
plain why she limited the time when she
saw him.
it was a queer excuse and it made him
laugh, but it was very real to her.
"Maybe you don't remember, Dan'l," she
said, "but Ihe old clock has to lie wound
up every eight days, and no other hand but
father's ever wound that clock. Since he
died I've never once neglected It. Now.
you see, I couldn't possibly stay."
lie wunted to say, "Let the old thing
run down." but something in her lace
stopped him. lie felt as if it would be
talking disrespectuflly of his father.
He gave his mother the choice of all the
gyest chambers, und she chose the plain
est. "It will be more like home." she said,
it dawned upon him the third day of her
visit that liis mother was not happy—that
she missed something. "It can't be the
clock," he thought. "It doesn't need wind
ing "yet."
But it was the clock, and when he taxed
her with an undue affection for that an
tique piece of furniture she acknowledged
how much she missed it.
"Specially at night. Dan'l. When I hear
the clocks striking here I think of that
poor, lonesome thing striking the hours
with nobody to hear. It does make me
homesick, I'm afraid."
Then she told him—what he had forgot
ten—that she could tell when the sun and
moon rose, and what day of the month
It was by the self-regulating calendar of
that clock, and how it explained the whole
solar system, and that the deeds to their
property and all his father's letters to her
had always been kept in the bottom of the
clock, and It had never in all their united
lives stopped but once, and that was tho
night father died. No one could tell how
It happened, for It had been wound up.
I Known As the Koch Medical Institute t
1 For the Cure of Consumption t
J Where hundreds of patients who have been given up J
2 to die by other physicians have been restored to health J
0 by the use of the Whitman remedies. 5
r Extracts from testimonials of a few who have been cured of Con- 5
t sumption at the Koch Medical Institute: #
A Your Improved Tuberculin has been the means of saving my life. \
Z T. W. WOODWORTH. 10S South Broadway, Los Angeles. #
? I would advise anyone who is troubled with tuberculosis to take this treat- w
9 ment at once. B. W. ANNIN, 234 Marengo Aye., Pasadena, Cal. d
t I will never cease to thank you for what your treatment has done for me. •
0 MRS. I. R. BIRT, 319 South Hill Street, Los Angeles, Cal. i
0 I had not seen a well day for seven years. You cured me of consumption 2
J in three months. K. G. HARE, 943-W. Washington Street, Los Angeles. T
J It would indeed be difficult for me to fully express the gratitude I feel for ('
B the complete cure of consumption which has been wrough in me by the use i
0 of your Improved Tuberculin. 4
0 MRS. G. B. WEST, Morton Aye., Station 1, Pasadena, Cal. \
0 It was not believed that I could reach Los Angeles alive. My home phy- ,
5 slclanß in Canada gave me no hope. I was almost helpless when I began your ('
0 treatment. You cured me in three months. 1 1
0 W. P. STUTT. 216 East Eighth Street, Riverside, Cal. i
4 During the past year I have seen many cases cured by your Improved Tv- ,
2 berculin Treatment. 0
0 W. H. SMITH, M. D., Office corner Third and Main Sts., Los Angeles. < I
• I continue to enjoy good health and am able to do my usual day of work ( I
0 all of which to me is occasion of profound thankfulness to God and Whft- i|
J man's Improved Tuberculin Treatment. '
P N. H. BLUNK, 1004 W. Eleventh Street, Los Angeles, Cal. i'
0 Prominent physicians gave me only five months to live; you cured me of W
4 tuberculosis ln six months. MRS. C. H. LONG, 1343 Rich St., Los Angeles. 0
0 I have been a sufferer from tuberculosis. Boston physicians gave me no if
A hope; you cured me in four months. My health was never better than now. !t
f J. FRANK DANFORTH, IJIS lngraham Street, Los Angeles, Cal. J
€ I heartily recommend to all persons suffering from tuberculosis the skill ?
0 and experience of Dr. C. H. Whitman, who administered the treatment to me. I>
0 3. D. VAN WIRT, M. D. 33 E. Lincoln Street, Phoenix, Arizona. 0
j I heartily endorse such meritorious treatment, and believe it to be of in- !>
2 estimable value to mankind. I[
J REV. W. R. GOODWIN, D. D., Whittier, Cal. 0
1 KOCH MEDICAL INSTITUTE, 529 south broadway j
g LOS ANGELES, CAL. (I
( CONSULTATION FRKE. Treatise <>■ "CONSUMPTION. ITS CAUSE AND W
0 Cl'.u:," SENT FREE TO ANY ADDItKSS. 0
Anil then she cried softly, and her grown
up boy comforted her.
The next morning when they went to call
her she lay asleep, with the sweetest smllo
on her tranquil face, hut she never re
sponded to their call.
The clock had run down.—Chicago-Times
Herald.
HONEY IN A HOUSE
Workmen Demolishing It Find Hun-
dreds of Pounds
Workmen have discovered a large quan
tity of honey In the walls of the old
Hawes house al Yarmouthport, says the
Boston Transcript. The house has shel
tered many generations of Cape Cod peo
ple. The house is now undergoing demoli
tion. Though it was supposed that the
house had not been occupied for some time
there was a sound of smothered grouns
when tlie work of tearing away began
When an opening bad been made in the
walls the occupants 'proceeded to drive
away the Intruders, and used their
weapons of defense to such effect that the
workmen were forced to retreat.
The sleepy bees that had sought the
<|u!e! of tie' slumbering walls had been
unceremoniously aroused from their
■leepy existence. There were myriads cf
them and they had made a hive between
the walls. The work was abandoned until
the cooler Weather, when the honey will
be removed. One whole side of the build
ing Is solidly packed with the honey, and it
Is expected! that hundreds of pounds will
Ibe taken out.
Humbugging Northwestern Farmers
To coddle and humbug the farmers along
the northern bonier the Dingley tariff Im
poses a duty of 3o cents a bushel on barley.
The Minnesota papers are complaining that
all the farmers out there get for their
barley Is 2" cents a bushel. The price is
5 cents a bushel lower than the duty.—
Pittsburg Post.
IN THE PUBLIC EYE
Mayop S. F. Smith of Davenport. lowa
is the son of Rev. S. F. Smith, the author
of the famous hymn, "America."
Miss Florence Higgins, a prominent In
structor of Indiana, has accepted the chair
ol oratory at the Northern Indiana Col
lege of Law. Miss Higgins Is the only
woman occupying such a position.
Mr. Dieden, the senior member of the
German reichstag, is 8" years of age, and
has sat In every session since the empire
was constituted. He has also been a mem
ber of the Prussian lundtag continually
since 1851.
Dr. C. J. Willis of Richmond, V«„ who
died a few days ago, bequeathed 5260.000 to
his son for use during his life, with the
proviso that sjiould the sou die without
Issue the money shall go to the city for the
founding and maintenance of a free public
library.
A New York business man said. In speak
ing of William J. Quintan, the easy-going
cashier of the Chemical National bank: "I
have known him for years. ar,l I have rid
den to and from business with him, but I
have never known him to read a newspaper
In all that time. I wonder Whether that Is
how he came to be bunkoed."
A monument to commemorate the life
and labors of Antoine Laurent Lavoisier,
the great French chemist, is to be erected
in the Place de la Madeleine, Paris. It is
now over 100 years since this genius met
his death on the bloody scaffold of the
French revolution. He was guillotined as
a member of the corporation for the farm
ing of public revenues.
Miss Meresia Neville, the secretary of
tho ladies' grand council of the Primrose
league, has now given fifteen years of her
life to political work. She boasts that she
has canvassed ln every district In London,
and she has spoken at over 2000 public
meetings. As a child Miss Neville was a
pet of Lord Beaconslield's, and she is said
to possess the best collection of Disraeli
relics In existence.
Joseph Heco. interpreter to the consul
general at Kanagnwa, Japan, Is dead. He
was a naturalized citizen of the United
States. He was the first publisher of a
newspaper in Japan. When Heco was a
boy he drifted out to sea ln a Junk, and
after fifty days was picked up and brought
to San Francisco. There a Baltimorean
by the name of Sanders placed him in
school. When the consulate was opened
in 1869 at Kanaga'wa lie was made inter
preter, and has held the office ever since.
»R. MEYERS & CO.
l ßa&Hf Dr. Meyers & Cc's'prices reasonable.
Or. Meyers & Co. are old practitioners.
lf*iMK Dr. Meyers & Co. cure when others Fail,
ill Dr. Meyers & Co. restore lost manhood.
/ . \a Dr. Meyers S Co. can cure you at home.
,' • ,v..jHL 1 // Dr. Meyers &t Co. can stop deadly drains.
/- -•''~vBfei'4 /iteasMllu / ' Dr> M «ye p s * Co. cm stop wasting losses.
' ■,''%\ «HhL< Dr. Meyers k Co. treat diseases of men only.
■'&\ " r " Me V er * * *- 0, "cml sympt* tin blanks tree.
•' '• Dr. Meyers fi Co. cure all contracted ailments.
ysy&ffilL Meyers 4 Co. cure ci intagii ms bitid pi tison
\ ' Dr- Meyers & Co. will send you private hook.
Dr. Meyers & Co. have a working capital of
<ffii%Vk* > ~<3Br ' jy" over $100,000, are responsible and never
Vo MONEY REQUI RED UNTIL YOU ARE CUBED
OLDEST AND LARGEST BANK IX BOUTHBMM CALIFORNIA.
pARMEBS AND MERCHANTS' BANK OF LOS ANGELES, CAL.
Capital paid up $500,000.00
Surplus and reserve $875,000.00
t. W. HELLMAN. President: H. W. HELLMAN. Vlce-Pres.; H. J. FLEISHMAN,
Cashier: Q. HELMANN. 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. Our Safety Deposit Ds
tartmnt offers to the public safes for rent In Its new Fire and Burglar-Proof Vault
which Is the strongest, best guarded and best-lighted ln this city.
THE NATIONAL BANK OF CALIFORNIA
At Los Angeles
Capital and Profits. 1270.000.00.
OFFICERS DIRECTORS
18. C. lIUP.BELL J. M. C. MARBLE
S. C. HUBBBLL President O. H.CHURCIIILL, JOS. D. RADFORD,
O. H. CHURCHILL..First Vice-President! O. T. JOHNSON, CHAS. MONROE,
O. T. JOHNSON — Second Vice-President ! W. S. DE VAN. T. E. NEWLIN,
A. HADLEY CashleriN. VV. STOVVELL. JOHN E. MARBLE
JOS. D. RADFORD Assistant Cashier FRED O. JOHNSON. H. M. LUTZ,
R. I. ROGERS Assistant Coshler 1 A. HADLEY.
|_0S ANGELES NATIONAL BANK
United States Depository
CAPITAL $500,000.00 SURPLUS 150,000.0s
Total , $550,000.00
GEO. 11. BONEBRAKE President WARREN QILLELEN...Vice-President
F. C. HOWES Cashier K. W. COS Assistant Cashier
DIRECTORS:
Oeo. H. Bonebrake, Warren GUlelen. P. M. Green, Chas. A. Marrtner. E. P. John,
ion. Wm. M. Van Dyke, W. C. Brown. L. C. McKeebr, F. C. Howes.
This bank has no deposits of either tbe county or city tressurer. and therefore
no preferred creditors.
SECURITY SAVINGS BANkT"
Corner Main and Second Streets
OFFICERS: DIRECTORS:
. „ ■~«.., H. W. Hellman. J. F. Sartorl.W. L. Graves,
J. F. SARTORI President H J Fleishman. C. A. Shaw, F. O. John-
MAURICE S. HELLMAN. .Vice President son. J. H. Shanklsnd. J. A. Graves M L.
W. D. LONGYEAR Cashier Fleming. M. 8. Hellman. W. D Longysar.
Interest paid on term and ordinary deposit.
Money loaned on first-class real estatj
piRST NATIONAL BANK OF LOS ANGELES
CAPITAL STOCK (400,000 Surplus and undivided profits over. .5250 000
J. M. ELLIOTT President W. G. KERCKHOFF Vice-President
FRANK A. GIBSON Cashier W. T. 8. HAMMOND....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.
STATE LOAN AND TRUST COMPANY OF LOS ANGELES
Capital $500,000
OFFICERS: '
W. J. WOOLLA.COTT President WARREN GILLELEN, Second Vice-Free,
J. F. TOWELI First Vlco-Presldent J. W. A. OFF Cashier
M. B. LEWIS Assistant Cashier
A general banking business transacted. Interest paid on time deposits. Safe de
posit boxes for rent.
. 1 —
gROADWAY BANK AND TRUST CO., Broadway and 3d st., Los Angeles.
AUTHORIZED CAPITAL SlOO.OOO
PAID UP CAPITAL 30,000
Officers—WAßßEN GILLELEN, President; GEO. H. BONEBRAKE. Vlce-Pres
, ident; F. L. FORRESTER. Assistant Cas hler: W. C. DURGIN. Secretary. -
I Directors—Geo. H. Bonebrake, Geo. I. Cochran, M. H. Flint, Chas. H. Howland,
i J. R. Haugh, Warren Gtllelenn.
1 — . .
l ||/|AIN STREET SAVINGS BANK
Capital paid up $100,000
' Junction of Main and Spring and Temple sts., (Temple block), Los Angeles,
j OFFICERS AND DIRECTORS—T. L Duque. President: I. N. Van Nuys. Vloe-
President; B. V. Duque. Cashier; H. W. Hellman, Kaspare Kohn. H. W. O'Melvenv.
' J. B. Lankershlm, O. T. Johnson. Abe Haas. W. G. Kerckhoff.
| Money loaned on real estate. Interest paid on term and ordinary deposits
: LOS ANGELES SAVINGS BANK 7~
; 830 North Main Street
J. E. Plater, President: n. W. Hellman, Vlje-Pre sident: W. M. Caswell. Cashier.
Directors. I W. Hellman, J. E. Plater, H. W. Hellman, I. W. Hellman, Jr.. W.
M. Caswell.
Interest paid on deposits. Money to lo an on first class real estate.
QERMAN -AMERICAN SAVINGS BANK
Paid up Capital and Profits, $145,400.
COR. MAIN AND FIRST STB. Victor Ponet. President; L. W. Bllnn and C. N.
Flint, Vice Presidents; M. N. Avery, Cash ler; P. F. Schumacher. Assistant Cashier.
Interest paid on deposits. Money lonaed on real estate.
SOUTHERN CALIFORNIA SAVINGS BANK
152 North Spring St. Interest Paid on Deposits
DIRECTORS-J. H. Braly, J. M. Elliott. H. Jevne. Frank A. Olbson. Simon MaHr.
W. D. Woolwlne, W. C. Patterson. Safe Deposit Boxes for Rent.
W. 8. BARTLETT, Pres. WM. FERGUS ON, Vlco-Pres. W. E. McVAY. Cashier.
|jNION BANK OF SAVINGS 223 S. SPRING ST., Los Angeles, Cal
DIRECTORS: Wm. Ferguson, R. H. F . Varlel, S. 11, Mott, A. E. Pomoroy, C. 8.
Crlsty, F. C. Howes, W. 8. Bartlett. Five per cent Interest paid on term deposits.
SOUTHERN CALIFORNIA GRAIN AND STOCK COMPANY
NEW YORK AND CHICAGO MARKET
Direct Wires. mi C Cnrlnir Ct Reference:
Quickest Service mUMM *™ ot< Nstionsl Bank ol California,
Telephone Msfn 042. Los Anj-olos Nstlonsl Bant
MARGIN ACCOUNTS SOLICITED. COMMISSIONS FAITHFULLY KXECUrBU
Dally Report Mslled upon spplicstlon. F. P. BUKCH & CO.
, Glass & Long
Blank Book Manufacturers
» 213-215 NEW HIGH ST. Los Angeles rtisjis
A PLUMBER IN NEED
IS A PLUMBER INDEED
Haverty
Is the man you want to figure for yon on
tbe Plumbing of your buildings, new or ojd
His headquarters are at
4354 S. Broadway
and you are invited to call him up through
Telephone Red 804
The Cudahy Packing Co.
Packers and Jobbers of—
"Rex" Hams and Breakfast
Bacon and Lard ....
Also dealers in Fresh Beef,
Pork and Mutton.
Tel. Main 988. Lot Angeles, Cal.
West Glendale
Winery and Vineyards
CHAS. B. riltoM, Proprietor
No. 340 N. Main St., Baker block. Telephone
886. V. o. box 10. Station C. lllgh-grade Table
and Medicinal wines. My specialty: Sacra
mental Wines. Pure Grape Brandies of my
own distillation.
Rol. King's Liquors
Bohemia
Tel. Red 1751 307 South Spring St
LOS ANGELES. CAL
EBINGER'S
. CAFE 7
Under Ramona Hotel, corner
Bprlng and Third Street*.
The Favorite Resort SWft! Rftfi
The Menu contains the choicest the market
affords. The cooking is of the best. Tha
service prompt and courteous and price*
moderate.
LEWIS EBINGEB, Proprietor.
WILLIAM H. ALLEN JR President
lAS. H. SHaNKi.AND Vice-President
M. 8. HELLMAN Vice President
0. F BRANT Manager
U. Pi CLARK Secretary and Treasurer
JITLE INSURANCE AND TRUST
COMPANY
Capital Paid Up, £400,000.00
A Policy of Title Insurance furnishes the Best
evidence of title that ran be obtained.
Cor. Franklin and New High Sts.,
Telephone. Main 843 LOS ANGELES, UAL
Books for Sale
I ORIENT*! " I T " ,eU "°'
tie.ith
1 a, o» '» l " c " l * sr B rood,
The fool Wing Herb Co.
23