The herald. [microfilm reel], March 27, 1898, Page 23, Image 25

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

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THE INVESTOR
OFFICE Oil TUB HERALD,
Los AngeleS, March 26, UK.
"If It Is a reproach not to have friends,
It may be even a greater not to have ene
mies."
According to Bradstreet's, a phenomenal
foreign trade Is foreshadowed from the
figures obtainable, and (hat Journal treats
the subject In Its usual thorough manner,
saying:
The preliminary statistics of foreign
trade for February and the eight months
ended therewith, develop further an ex
hibit foreshadowing a vast total for the
completed fiscal year. The value of the
exports in February, 1597, showed a fair
Increase over that for the preceding year
and large Increases over the two years Im
mediately preceding, yet the figures of ex
ports for February. Ix9B, show an Increase
of ovor $15,100,000 as compared with Feb
ruary of last year, (he total being $3-1,981,
--017. The Imports for the month amounted
to $53,082,117, 11 decrease of over $8,160,000
as compared with the corresponding month
of last year. The free-of-duty Imports
exceeded those of the dutiable class by
nearly $6„100,r/K) In February, 1897, whereas
last month the dutiable goods exceeded
those freo of duty by over $7,700,000. In
February. 1897. the excess of exports was
valued at $20,583,079, whereas last month
Ihe exports exceeded the Imports by $41,
--•88,900, or more than double the amount
of the excess for February, 1897.
For the eight months' period ending with
February the exports were valued at $813.
--370.071. which was nn increase of {78.871,853
as compared with the corresponding period
Of the preceding fiscal year. To appre
ciate properly th" significance of this in
crease it should be recalled that the total
for the corresponding eight months of
1896-97. with which the Comparison Is made,
represented an Increase of 21.9 per cFht
OVPI* the corresponding period of the pre
ceding fiscal year. The Imports were valued
at 8898,708,808, which represented a decrease
of $28,808,428 us compared with the corre
sponding period of tlie preceding fiscal
year. In the eight months ending with
February of last year the non-dutiable ex
ceeded the dutiable goods in value by a
little over $1,600.00(1. hut Iv the correspond
ing period of this fiscal year the dutiable
exceeded the free-of-duty goods by over
$8,400,000. Last year the exports for "Sight
months exceeded the imports in value by
8212,482,819, whereas this year the excess oil
the same side umounteil to $419,661,105.
The feature In the movement of specie for
the month Was Hie excess on the side of
gold Imports. The exports of gold coin
and bullion amounted to $951,867 and the
Imports to $5,329,10:1, an exoese of Imports
amounting to $4,877,742 as compared with
an excess of 1208,008 on the same side ln
February, 1897. For the eight months end
ing with February the exports of gold coin
and bullion amounted to $12,778,740, which
was a decreuse of $3,041,619 as compared
with the corresponding period of the pre
ceding llscul year. The Imports, on the
other hand, amounted to $36,218,8*7, which
represents a decrease of $42,477,529 as com
pared with the corresponding month of the
preceding fiscal year. The imports of gold
for the eight months ending twih Feb
ruary showed an excess over the export:*
amounting to 828,489,687, This Is a much
smaller excess than that for the corre
sponding period of the fiscal year 1898-97,
which amounted to $62,875,547, but the re
cent heavy Imports of gold will materially
modify the next showing made by the
Treasury figures in this respect.
000
Receiver Washburn of the Bankers' Al
liance has Issued the following circular,
which is silt explanatory:
"That the reason for my recommenda
tion to policy holders to take out policies
in the Mutual Reserve Fund Life Asso
ciation may be made plain. I will state that,
acting by authority and direction of the
court. I made .in arrangement with that
company by which they were to pay the
Bankers' Alliance the regular agent's com
mission on all business transferred to them.
All such funds become a part of the assets
of the Bankers' Alliance and will be used to
pay the Indebtedness of the company.
While no policy holder can be transferred
to that or any other company without his
consent, it Is clearly of Interest to every
policy holder to increase the assets of
the Bankers' Alliance as much as possible
whenever it can be done withuut detriment
to himspif. The reason the Mutual He
serve was selected was that It was
an old and apparently responsible com
pany, and it was considered that policy
holders in the Bankers' Alliance had. by
Joining that company, thereby Indicated
their preference for that form of insur
ance."
The "regular agent's commission" above
referred to is sixty-live per cent on the first
year's premium and a smaller sum on re
newals.
000
Assessment people seem to have
some trouble lately endeavoring to bring
their association members up to the point
of paying a reasonable amount for Indem
nity, says (in eastern Insurance journal.
Many people have been misled by the Idea
that Insurance can be furnished below
cost. Some have" profited for fourteen
or fifteen years in the Mutual Reserve by
actually receiving Insurance below cost,
and many millions of dollars have been
paid out by associations doing business
which have been furnished below cost. If
the Mutunl Reserve and Covenant Mutual
and other associations of a similar char
acter can bring their members to under
stand that they must now pay n fair price
for Insurance to hold their membership,
they Will succeed and go on and do busi
ness; but unless they can bring their
members to that conclusion, they must
Btop.
000
The statement for the week ended 19th
Inst, of the New York city bnnks shows
an Increase in reserve of $5.338,625. The
bunks now hold $28,060,050 above the legal
requirement, against n surplus of $48,K5.
--975 this time a year ugo, and $19,042,675 two
years ago.
000
Tmports of dry goods and merchandise
at the port of New York for the week
ended 19th Inst, were valued at $9,127,254.
against $11,729,980 last week, and $10,654,886
In the corresponding week of last year,
Total since January 1, $95,681,140. against
$104,409,617 ln the corresponding period of
last year.
National Bank Changes
The latest bulletin of the comptroller of
the treasury, dated March 21,1898. gives the
following, among other changes f
National Banks Organized—The Citizens'
National bank of Cedar Rapids, Iowa: cap
ital, $100,000; J. L. Bever, pres.; J. W. Bow
dish, cashier.
The First National bank of Elizabeth,
Pa.; capital. $50,000; J. Pierce, pres.; A. D.
Pierce, cashier.
Corporate Existence ot National Banks
Extended—The National bank of Walla
Walla, Wash., until Mnrch 18.1918.
The National bank of Smyrna. Del., until
March 14, 1918.
.Applications to Organize National Banks
Approved--<-The First National bank of
Durant, Indian territory, capital $50,000, oy
-the following persons: L. B. Smith. Gaines
ville, Teatta. E. Klnet, C. C. Hemming
et al.
The First National bank of McKees
Rocks, Pa., capital $50,000. by the following
persons: D. R. Spoor, T. J. Gillespie, J.
A. Barret al.
The State National bank of Blooming
ton. 111., capital $150,000, by the following
persons: A. B. Hohlltt, J. Funk, C. C
Aldrleh et al.
' Voluntary Liquidation—The First Na
tional bank of Montague, Tex.; the First
National bank of La Croigse, Kan.
Transfers, $1000 and Ovor
SATURDAY. March 26, 1893.
S. P. and C. A. Crcaslnger to W. D. and
L. R. Clark—Lot 4, blk C, Sherman tract;
§8000.
W. J. McLaughlin to L. P. McLaughlin—
Lots 10 and 11, blk A, Hotel PalomaresSyn
CONDUCTED
GEO. A. DOBINSON
dleate subdivision of block 54, Pomona;
$1,000.
P. B. and J. M. Sturgeon to N. D. Smith-
Lot SS, West End Terrace tract; $lm;u.
A. A. Llbby, Jr., and J. W. Llbby to L,
Perkins -Agreement to convey lot 18, blk 11.
replat of Thomas St Wotkyns subdivision;
$13,500.
S. O. Mann to J. S. Eldred—Part Sec. 27.
> S. 14; 82000.
G. W. Robinson to O. M. Schercr—Lot 11,
Rowley tract; $1300.
SUMMARY
Deeds 4a
Nominal ;t;
Total considerations $21,0i7
Mortgages, $1000 and Over
F. K. Douglas to K. L. Kennelly—Lot
40 and pnrt .'ill, Clark X- Bryan's Fig
ueroa St. trt,yrs, n per cent $2,500
N. A. Near al. to I. A. t'oblentz-
Tart lot 72, Ro. Prov. and Scott trt,
1 yr, 11 per cent 1 700
Thirteen mortgages under $1000 5,211;
Total j^llij
Releases. $1000 and Over
A. B. de Gaffey and D. B. de Ward to
C. Clark, 541-301 j.l,4Pi
J. W. Hellmnn ami I). \v. Weldt to
P- Whlttley et al., 325-302 1,300
S. B. Weldon to W. J. Fisher, 445-89.. 1,000
G. B. Wethorby to F. C. Dorram c
et al.. iliii-L'SS 1 700
J. W. Wilson to M. J. Yon,. 506-199.... 2,'0d0
A. Merrlman to L. c. Wilcox, 871-1.. 1,0011
Lleven releases under $1000 3,500
Total $11,960
ON 'CHANGE
Conditions as Shown by Transactions
on Wall Street
NEW YORK, March 26.—The authorita
tive statement that the Maine board of
Inquiry's report would be fully as grave as
predicted brought out a full attendance
at the stock exchange today. There were
animated groups about till the active
stocks when the market opened. The fe
verlshness of the foreign markets and the
fairy tale that Spain had declared war,
which was circulated about the exchange,
gave momentum to the down-hill move
ment. Fairly large margins were swept
away and Irtrge concessions in values en
sued on every considerable offering. A
quarter of an hour after the opening the
manifest Intention of large Interests to
sustain the list led traders to cover enor
mous short lines, and prices bounded up
ward, the shorts frantically bidding
against each other. It seemed likely Tnat
houses having vast Interests at stake had
come to an agreement over the night to
buy. On the bulge here London was a
large seller. After an hour's trading,
prices were well above yesterday's close,
which was generally at the best prices.
'Bhe net improvements approximate two
points in the Grangers and exceeded 1 per
cent ln tlu- leading International favorites.
The specialties gained from 1 to 8% points.
The trading was on an enormous safe for a
Saturday, the dealings lor the short ses
sion exceeding recent full days.
The week just ended witnessed a vigorous
resumption (tf bear aggression, owing to
the deveotpments of various Influential
factors which were utilized to their fullest
extent by the advocates of lower values.
That their efforts were Signally successful
can be b* st Illustrated by a resume of the
linal prices of a week ago, the comparison
reflecting losses ln the dividend paying
stocks of from 2H- to t; points and the spe
cialties suffered to the extent of from
6 to 11 points. The latter group was the
objective point of attack, and the extreme
weakness of these properties radiated
throughout the list, with the Grangers and
the principal Internationals receiving
marked attention. The Cuban question
continued the overshadowing feature, anil
the various phases of the situation us in
dicated by the tenor of Washington advices
furnished the lever to alternately advance
and depress prices. This condition of af
fairs was augmented by the outcropping
of numerous other considerations, which
also exerted a marked bearing on the llnan
clal and commercial situation. The mar
ket throughout was highly feverish, and
the ready response to the slightest efforts
In favor of either account afforded some
of tho active nn opportunity to make fur
ther turns. The speculation at times bor
dered on the semi-panicky edge, owing to
the apparent approach of a crisis in Inter
national affairs. The outpouring of Jong
stock on these occasions was striking evi
dence of the apathy of the leading inter
ests, the murket halting only in the down
ward plunge on the cessation of traders'
offerings, and a disposition to cover at any
price by the shorts. The murket then
worked gradually upward, but the return
ing level was Invariably selected as a new
basis of Operations by the benrs, and val
ues speedily scrambled to a more pro
nounced lower plane.
This process enlivened the week's pro
ceedings and was accompanied at times
by wild and animated dealing. The trad
ing at other periods was intensely slug
gish, but the contraction in business was
only discernable when the market essayed
to rise. The attitude of foreigners was
regarded with considerable interest, and
Quotations from London from day today
were eagerly scanned as Indicative of sen
timent In the leading foreign financial cen
ters. The great bulk of the arbitrage op
erations favored the short account, but
evidences that the foreign speculators
were disposed to accumulate moderate
lines on various levels steadied the market
and stimulated covering. The unwieldy
nature of the short interest forced the
leading active Interests to move prices up
sharply occasionally. In order to shake off
in undesirable following. The rank and
file of the street watched the operators
usually employed by Washington Inter
ests very narrowly, and were ready to
swing from side to side as soon as they
detected the source and nature of trans
it etions.' The leading commission houses
were persistent sellers, and their constant
liquidation dampened bullish enthusiasm,
which, generally speaking, was at a low
"lib. The distress among the llght-wnlsted
bulls, coupled with the marked exhaustion
of lightly margined holdings and the fre
quent calls for additional collaterals by
lenders, was followed by private sales
which accelerated the situation. The bears
tested the market frequently. and where
evidence of support was lacking, a stock
was vigorously assailed.
The dramatic speech-making In the sen
ate, describing the horrors of conditions
In Cuba and the earnest appeals for Inter
vention by the United States, combined
with the announcement that the Spanish
torpedo fleet had left the Canary Islands en
route for Porto Rico, made the climax of
the mid-week's developments. >
The unfavorable factors enumerated out
weighed numerous healthful influences
consisting of railroad statemtntß. favora
ble monetary outlook, encouraging trade
advices and the gold Influx, which now
aggregates $35,000,900.
The bond market suffered In common
with the stock market, but concessions
were less pronounced and business was
largely curtailed.
Government bonds also exhibited ex
treme weakness, with the losses extending
to four points in the new fours.
Money in Bank
NEW YORK, Mnrch 28.—The weekly
bank statement shows the following
changes:
Loans, decrease. $7,110,500.
Surplus. Increase, $6,791,425.
Specie, Increase, $7,013,700.
Legal tender, Increase. $1,845,000.
Deposits, decrease. $2,526,900.
Clrclatlon, decrease. $3400.
The banks now hold $33,851,475 in excess
of the reqlrements nf the 25 per cent rule
The Financier says: The statement of
the clearing house banks of New York
city for the week ended March 26 shows n
continued decrease In loans and deposits
and an Increase ln cash. The results of fne
week's changes was to Increase the re
serves $5,791,425. the total Idle cash ln bank
now footing up $63,851,475. Tho banks,
therefore, are in a stronger position In
this respect than since the beginning of
February, but It cannot be said that the
operations by which this Increase was
brought about have been profitable to
them. Their loans have fallen off over
$46,000,000 in five weeks, and their deposits
have decreased more than $50,000,000. The
•cnHh.ln banks at the close of tho current
week, however, was just about equal to
the total reserve reported one month ago.
The heavy changes ln loans and deposits
have been due ln lnrge part to continued
liquidation and the semi-paralysis wiTlch
Has been creeping over the business and
speculative world since the Mnlne Incident.
Unless some definite disposition of the
Cuban question Is made ln a few days, one
LOS ANGELES HERALDi SUNDAY MORNING, MARCH 27, 1898
of the finest prospective seasons in the
history of the country will have been prac
tically ruined. It Is only natural that New
York hanks should put themselves on the
strongest possible footing, since a sudden
demand for currency will fall first of all
on them, and It must be said that they
have risen to the emergency. Tneir money
Is under strict control, and the continued
gold Imports are adding to their cash re
serves from week to week. One bank with
a thtriy-milllon-dollar reserve reports over
♦25.000.000 of the total In specie. The week's
changi s have no especial significance,
other than that Which has been pointed
out In this analysis for nearly a month
past. The decrease of $7.110,500 in loans
shows that liquidation still continues and
a loss of $1,845,000 legal tenders reflects
pretty accurately the movement toward
tho Interior. The gain of $7.01.1,700 In specie
was brought about by receipts of Imported
gold. The gold holdings of the banks have
expanded $17.000,000 In the last thirty days,
but in the same time legal tenders have
decreased In almost exactly the same
amount. In other words, the legal tenders
have gone to the interior, while Imports
of specie have tilled the vacuum.
It stands to reason that the money sup
ply Is larger than ever and were It not for
the uncertainty of the political outlook,
rute3 would be lower than for two months
past. As It Is, gold imports will likely
continue until something definite Is known
regarding the future and the probable em
ployment of this mass of money six months
Iroin now presages an Interesting state of
affairs.
London Markets
NEW YORK. March 26.—The Evening
Post's London financial cablegram says:
The stock markets here remained heavy
and depressed today on the eve of settle
ment, when big differences are again to
lie met. Consols were flat, as also all "he
speculative markets. There was a sharp
drop of 2 points in Spanish fours. The
Cuban situation is still regarded more pes
simistically than I he conditions In any
other quarter. Politics today even affected
the money market, where the possibility
that war between the I'nited States and
Spain would accelerate gold movements
from here to New York was not lost sight
of. Today £126,000 In American gold coin
was sold by the Hank of England, and over
£200,000 from the Cape was bought up for
New York. Americans, after a severe fall
In the street on an Unconfirmed rumor that
war had been declared by Spuln, recovered
a dollar on good support.
War risks ut Lloyds are said to be still
rising, but I cannot give actual quotations.
Exports and Imports
NEW YORK. March 26.—The exports of
specie were $947,3X8, of which $168,020 were
of gold and $778,762 were silver. The im
ports of specie were at this port for the
week ending today $8,169,528. nf which
070.45S were of gold and $89,980 were of sil
ver. \
The Imports of dry goods and general
merchandise for the week at this port
were $11,193,938.
Silver Bullion
NEW YORK. March 26.—Silver bullion,
55c; Mexican dollars, 44%e.
SAN FRANCISCO, March 26.—Silver bul
lion. 55i,i0; Mexican dollars, 45Vidr46c.
LONDON, March 26.—Silver bullion, 25'^d.
Treasury Statement
WASHINGTON, March 26.—Today's
statement of the condition of 'he treasury
shows: Available cash balance, $223,915,499;
gold reserve, $172,380,281.
CHICAGO MARKET
Prices and Prospects of the Trade in
Cereals
CHICAGO, March 26.—The wheat market
at the opening today gave some evidence
of having entered upon a period of conva
lescence from its sickness of the several
days past. July opened MOiVzc higher, and
although there were plenty of selling or
ders around that figure, the lowest price
of the session was made at the opening.
Liverpool reported an advance of MOKd.,
the latter ln March wheat, notwlthstantiTng
yesterday's decline here. Injurious weath
er previously reported from California
showed no appreciable Improvement, only
a slight rainfall being reported. The
strength with which the market opened in
creased as the session advanced. The rise
In stocks imparted a buoyant tone to the
speculative contingent, and belated shorts
were forced to come in. May was neglected
except by Lelter brokers, who took all the
offerings around 1.03'ifi1.04, closing it at
the latter price. July, from 82%'1*82y,! at
the opening, advanced to 82%, sold off to
S2Vi. then advanced steadily to 83%<6|!S3"ii,
closing nt S3V6.
Corn opened firm on large exports for
the week anil in sympathy with wheat. A
large cash business was done for export.
May dosed %Hi%c higher.
Trading ln oats was fairly active, with
plenty of liquidation. Cold wave predic
tions and the strength in wheat caused a
good rally and left off \b higher for May.
Provisions were extremely weak early
In the session and heavy selling on alleged
apprehensions of a yellow fever outbreak
at the south. May pork declined 7Wriiloc
and May lard and ribs each lost sc.
SAN FRANCISCO MARKET
Call Board Dealings and Prices of
Produce
SAN FRANCISCO. March 26,-Wheat-
Qulet; December, 1.37%; May, 1.45%.
Barley—Eusler; December, 1.13%; May.
Corn—Large yellow, 1.06%(5i.10.
Flour—Family extras, 4.8004.90; bakers'
extras. 4.560466.
Wheat—Shipping. 1.42Hin.43% for No. 1.
and 1.45 for choice: milling, 1.47H01.52M..
Barley—Feed, 1.17V&01.2O; brewing, nom
inal.
Oats—Poor to fair. 1.17V401.8JM: good to
choice. 1.2501.30; fancy feed. 1.32-A; gray
1.20«i.221i; milling. Surprise,
I. 27Vi<&1.35; black for seed, 1.35ff?1.50; red
L 5501.45.
Hay—Wheat, 19.00W23.00: wheat und oat.
18.00023.00; best barley. 17.00tftH9.00; alfalfa
11. 00613.00; clover, 12.00@14.00; stock, 12.000
13.50.
Mlllstuffs—Middlings, 20.00022.50 per ton
bran. 15.000U.60,
Dry Beans-Pink, 2.20W2.40; Lima, 2.000
2.15: small white, 1.455/1.55: large white
1.40(51.55.
Potatoes—Early Rose, 50060 c percental-
River Burbanks, 50(560c; River Reds, 45®
55c; Oregon Burbanks, 50085 c; Merced
sweets. 75c085c.
Vegetables—Onions, 2.00(fT2.50 per cental
hot house cucumbers, suc<il.oo; garlic. 4K.IS
sc; green peas, tUOto; asparagus, 6di7e.
Citrus Fruits—Navel oranges. 1.0002 00'
Mexican limes, repack, 4.505(5.50; "com
mon California lemons, OOcOl.OO; choice
1.255.1.50. '
Butter—Fancy creamery, 18018-ic per lb |
do. seconds, 17018 c; fancy dairy, 16®17e
do. seconds, 15016 c.
Eggs—Store, 12Mi@13c per dozen: fancy
ranch. IMHi.
Poultry-Turkey gobblers. 10011 c per IB.;
old roosters. 3.50di4.00 dosen; young roost
ers, 7.00(f(7.50; small broilers, 16004.(10:
lnrge broilers, 5.505*6.00; fryers. 6.0006.50
--hens. 3.5004.50; old ducks. 4.0005.00; geese
1.50©1.75 per pair; old pigeons, 1.50; young
pigeons, 1.755)2.25;
Dried Fruit Prices
NEW YORK, March 26.-Callfornla dried
fruits: Apples, quiet; other fruits steady.
Evaporated apples—Common, sff?Bc per
pound; prime wire tray, 8%08c; wood dried
prime, choice, B%c; fancy, Mas)
9%c.
Prunes—3%o7%c.
Apricots—Royal, Moorpark, (P7.5T
lOVjc.
Peaches—Unpeeled, 609 c; peeled, 12(fKc.
Petroleum
OIL CITY, Pa., March 26.—Credit bal
ances, 77c: certificates closed 76\4c bid. with
sales of cash oil at that price. Total sales,
4000 barrels; shipments, 99,415; runs, 84,487.
Local Quotations
BUTTER—Extra local 32-ounce squares,
45(f?47V4c; fancy creamery, northern, 32-oz.
squares, 40©42%: dairy, S2-os., 37H®40c:
dairy, 28-oz., 82V4c; fancy tub, per lb., 19©
21c.
EGGS—Choice to fancy ranch, 12V4013Wc.
CHEESE—Martin's New York Cheddars,
per lb., 14c; eastern, full cream, per lb.,
13(tfl3Mtc: California half cream, per lb., —;
coast full cream, per lb., llfto; California,
Downey or Anchor, per lb., 124 c; do.Young
America, per 1b.,13H: do. 3-lb. hand, per lb..
14% c: domestic Swiss, lb., 15017 c; imported
Swiss, 22(u23; Edam, fancy, per doz., 8.50.
POULTRY—Per dozen: Hens, 4.0005.00:
young roosters, 5.5006.50; old roosters, 4.00
<[?4.50; broilers. 4.6005.00; fryers, 5.0006.00;
ducks, 6.00fl;7.0O; turkeys, alive, per lb.,
13.die; dressed, 15016 c; geese, apiece, 1.00
&1.50.
POTATOES—Burbank, 95c@1.25: sweet,
1.00511.25.
VEGETABLES—Beets, per 100 lbs.. 76c:
cabbage, per 100 lbs., (Oo; rsd cabbage, per
BRAVE FIREMEN.
Munyon Cure 3 a Whole Company
Prostrated by Exposure.
The firemen of the No. 7 engine com
pany, Ixmlsvillc, Ky„ sent the following.
Signed William Haaqe. Frank McCrory,
Frank Raggio, William Hogan. Paul
Graham, James Council, James Tangs
ley: " All we can say Is, It's the great
est thing on earth. On account of tho
great exposure we endured during the
severe Winter, every one of us suffered
with rheumatic pains. We each secured
a bottle of Munyon's Rheumatism Cure
anel every man la the house feels perfect
ly well after using the tablets. They
worked like a charm."
Munyon's Rheumatism Cure never falls
to relieve ln one to three hours, and
cures In a few days. Munyon's Dyspepsia
Curo positively cures all forms of indi
gestion and stomach trouble. Munyon's
Kidney Cure speedily cures pains In the
back, loins, or groins, and all forms of
kidney disease. Price 2T> cents. Munyon's
Nerve Cure stops nervousness md builds
up the system. Prlco 36 cents. Mun
yon's Catarrh Remedies never fall. The
Catarrh Cure eradicates the disease' from
tho system, and the Catarrh Tablets
cleanse and heal the parts. Munyon's
Asthma Cure and Herbs relieve asthma
In three minutes and cure In five days.
A separate cure for each disease. At
all druggists, mostly 2fl cents a vial. Per
sonal letters *o Prof. Munyon, 1,800 Arc*
Street.CPhlliulelrihla. Pa., answered wit!
free medlenl r,-... pnv disease.
doz., L 0001,28; carrots, per 100 lbs., 75c;
chiles, dry, per string, 75'u85c; Mexican,
per lb., lo.tllc; green, per lb., 25"; gar
lic, C®7c; onions, 2.50®3.50; do. green, per
doz., 30c; green peas, 4<fjsc; turnips, Soc;
Hubbard squash, per 100 lbs., 85c; parsnips,
DOcWl.00; leeks, per doz., 20c; parsley, 35c;
radishes, 25c; cauliflower. 30038 c; spinach.
20c; celery, 35c; tomatoes, per box, 1.25
4(1.50.
GREEN FRUITS—Fancy apples, 1.260
1.50 per box; choice. 75c®1.00; poorer
grades, 25071 c; bananas, per bunch, 2.00®
2.50, crates extra; pineapples, per doz.. 5,00
©6.00; Winter Nellls pears, box, 1.50@1.70;
coeonnnts. 90c®'1.00; guavas, per box, s®7c.
CITRUS FRUITS—Fancy navels, 2.60®
2.25; choice. 1.75(6(2.00; fancy seedlings, 1.50.
Lemons: Cured fancy, 1,2602.00; choice,
1.50: green lemons, 1.25. Grape fruit, per
box. 3.00W4.00.
RAiSlNS—Fancy clusters, 20-lb. boxes,
2.00; 4-crown LL clusters. 1.75; 3-crown LL,
per box, 1.35; 2-crown, loose, in sacks, per
lb., 4c; 3-crown, loose, In sacks, per lb..
sV..<nh%c: 4-crown, per lb., 6%060; Sultana
seedlings, per lb., 7'/ s SBc; in boxes, >/ £ c
higher.
DRESSED MEATS—AII per lb.: Beef,
No. 1, 7c; No. 2. Bs4c; hind quarters, No.
1. 0c; hindquarters No. 2, Sc; rlba of beef,
10--; veal, 708 c; mutton, 7%C! lamb. 8c; pork
loins, B%c; legs of pork, pork spare
ribs, 6c; pork tenderloins. 13c.
LARD—Rex pure leaf tierces, 6%e; pure
leaf. 6c; Ivory tierces, 5%e; cottolene,
tierces, 6'Ac; Rexolene, tierces, 5%c; spe
cial kettle rendered lard, 7c; Orange
brand. 50s, 6-% c; 10s, 7%c; ss, 7Vic; 3s. 7%e.
CURED MEATS—Rex hams, lOVic; pic
nic hams, 6c: No. 2, B%c; select mild cure,
tic; special fancy breakfast, 12c; special
breakfast bacon, ll'.ic; Rex bacon, 10V4e;
Rex boneless hams, sugar cured, 9c; Rex
boneless butts, —; summer sausage, 16c;
Rex dried beef insldes, 15Vi; Rex dried out
sides. —; smoked tongues, 50c; Diamond
breakfast bacon, backs, per lb., OVL-c; bacon
bellies, S-i.jc; light medium bacon, 9%e;
medium bacon, BM-c; dry salt clear bellies,
16-26 ay., BVjc; dry salt clears, 35@40 avg.,
7%e; salt clear backs. 7c.
TALLOW—Per lb., 3%®4c.
WOOL—Nominal.
LIVESTOCK—Per lb.: Beeves, 2%iffi3-H;
hogs, 4Vi®4' / 4c: lambs, per head, 2.00®2.60
sheep, per cwt., 2.50@3.75; calves, per lb.,
3U,ifl4c.
HIDES—Dry (as they run), HVfcc; do. lclp.
12c: do. calf. 16c; bulls, 7c: salt steers, 7®
7Vjc; do. stags and bulls, cows, 6VJ
©TCI sheep skins. s®6e.
DRIED FRUITS—Apples, sun dried,
sacks, per pound, 5%®6c; evaporated,
fancy, B<&9e; apricots, fancy, 8c; choice, 6®
Sc; peaches, fancy, unpeoled, 6c; pears,
fancy evaporated, B®loot plums, pitted,
choice. 9® 10c: prunes.cholce. boxed ,7>,4@10c;
sk., 4®6c; dates, 6®6Vtc; silver prunes,
choice, sack, 7',4@Sc; boxes, 9®loc; figs, Cal
ifornia white, per lb., s®6c; California
black, per lb., California fancy, per
lb., 7V 2 «tloc; Imported Smyrnn, 12M.(S>15c.
BEANS AND DRIED PEAS-Pink, 3.00®
3.23; Lima, 2.00®2.25; Lady Washington, 1.80
'ill.90: small white. 1.9002.00; green field
peas, 2.504(2.75: black-eyed beans. 2.00; gar
vancos, 3.50®3.75: lentils. Imported, 7.00®
8.00; lentils, California, 3.50®4.00.
NUTS—Walnuts, Los Angeles, 4®sc: me
dium soft, 6@7c; soft shell, Los Nietos,
fancy, 8c; nlmonds, soft shell, 10@llc; pa
per shell, ll®12c; hard shell. 8®10c; pecans,
10®12c; filberts, ll>4®l2c; Brazils, ll®12c;
plnons, ll®12c; peanuts, eastern, raw, CV&
®7c; roasted, B@BHc; California, raw, 4@sc;
roasted, 6yj<ff7c.
MILLSTUFFS-Flour. local mills, 4.80
per bbl.i Stockton brands, 5.00; 0reg0n,4.85;
eastern, 5,7608.60; shorts, ton, local, 24.00;
rolled barley, per 100 lbs., 1.20; cracked
corn, per 100 lbs.. 1.15; feed meal, per 100
lbs., 1.20; bran, per ton, 22.00: graham, per
100 lbs.. 2.30.
HAY—Wheat, per ton, 17.00fT19.O0; barley,
lj.OOlt 17.00; oat, 15.00® n.OO; alfnlfa, baled,
14.00 a 16.00; loose. —; straw, 3.50®4.00.
HONEY AND BEESWAX—Honey ln
comb, 10«12c per lb.; strained, 4H@6c; bees
wax. 20(r/i2sc per lb.
GRAlN—Wheat. No. 1, 1.65; No. 2, 1.40;
corn, small yellow, 1.10; large yellow, 1.05;
barley, common, 1.10.
DESIRE OF THE CLERK
A Farting Bequest to a Customer in
Search of a Cure for a Cold
The Long Acre drug clerk was coughing
and sneezing when the young lady with
the üßlrakhan cape hung carelessly over
her arm stepped in.
"I want something for a cough," she
said.
The clerk sniffed and sneezed and then
wiped the tears from his eyes.
"1 see you have a cold too," Bh* ven
tured.
"O yes, horrible," he replied, and then
he showed her a bottle labeled "Our own
cough mixture, guaranteed to cure the
most stubborn cases of cold or cough of
years' standing."
"Is that good?" she asked.
"Best In this market," he answered.
When he had finished another attack of
coughing und sneezing she asked the price.
"One dollar a bottle."
"■You may wrap me up a bottle."
He did so, and after she had paid the
money and emerged from the door he
called her back.
"Madam," he said, "If that should holp
you any I'd be pleased to have yoiTWme
back and let me know."
And then he began coughing again.—
Mew York Sun.
Jury in the Pasture
"Paeturlng a jury" Is the legal »tylo of
caring for twelve good men and true ln a
village ln Greer county, Oklahoma. Funds
being short, the court house was built
minus a jury room, so when the jurors re
tire to make up a verdict the bailiff takes
them out into the middle of a vacant lot,
steps out of hearing distance, and protects
them from corruptionists with a shotgun.
STEINWAY PIANOS §
sole Agency W
Bartlett's Music House 1
Everything In Ifnslc M
S. Spring SI. Established
IN SOCIETY
(Continued from Page Fourteen.)
Mrs. Johnson, am! Robert Marsh. Tues
day afternoon, April 12th.
Mrs. W. F. Botatord enleralned inform
ally at luncheon Wednesday at her resi
dence on Hdegwarc road ln honor of Mrs.
J. R. Richardson ol Chicago, who is spend
ing the winter ln Pasadena.
Mr. and Mrs. Harris Ncwmark of South
Grand avenue celebrated Ihelr fortieth
wedding anniversary on Thursday, giving
a family dinner, followed by an evening of
caries, entertaining ninety guests.
Mrs. W. F. BotSford entertained inform
ally at luncheon Wednesday at her resi
dence on Kdgeware road in honor of Mrs.
J. R. Richardson of Chicago, who is at
present staying at La Pintoresca.
Mrs. Anna Burbank and Mrs. Mary T.
Burbank of Kentucky, who have been vis
iting Dr. and Mrs. Burbank of I his city,
left Wednesday for San Francisco, where
they will take steamer for Honolulu,
Mr. and Mrs. Willlami G. Worsham Will
entertain the Fortnightly club on April Ist
a their residence on Boyle avenue. This
will be the last meeting of the season and
there wiil be some special features appro
priate for Ail Fools' Night.
Mrs. Ozro W. Childs and little daughter,
who have been spending the winter ,n
Washington with Mrs. Child's' parents, are
on their homeward journey and are ex
pected' to arrive In Los Angeles ln a few
days.
Mrs. Elizabeth Holienbeck entertained at
luncheon Friday at her residence on-Boyle
Heights' Rev. Dr. and Mrs. Fife and' Miss
Fife of Pasaneda, Mr, and Mrs. Robertson
of Sterling, 111.; Dr. Anna Nixon, Miss
Wlsewell, Mr. and Mrs. D. W. Hanna and
Miss Wilson.
Mr. and Mrs. J. J. Watson gave a loge
party Tuesday evening at the Los Angeles
theater. A supper at Levy's followed. The
guests were Mr. and Mrs. J. M. Carson,
Mr. and Mrs. James J. Watson. Mrs. C. B*.
Wright of Chicago, Miss Anna Carson,
Miss Valeric I. Smythe and Mr. O. H.
Smythe of San Francisco.
Mrs. Modini-Wood entertained at
luncheon Tuesday at her residence on Fig
ueroa street In honor of Mrs. Shunk and
Mrs. Thurl of" t'Jiicago. Maidenhair fern
and sweet peas were used in decoration.
The other guests were Mrs. W. A. Mor
gan, Mrs. Claclus, Mrs. Burdette Chand
ler, Mrs. W. H. Perry and Mrs. Fred
Perry.
Mr. and Mrs. T. E. Gibbon entertained
the Bonnie Brae Card club Thursday even
ing at their residence on West Beacon
street. The guests of the club will be Mr.
and Mrs. Walter B. Cllne. Mr. and' Mrs.
J. Ross Clark, the Misses May Owen, An
d'erson, Dangerfield. Falrchlld, Helen
Fail-child'; Messrs. Mltier, Henry McKee
and Vance Anderson.
A reception was given Thursday evening
at the residence of Mrs. W. L. Tileson, at
the Rossmore on West Sixth street, In
honor of Prof. Starbuck, the new chorlsier
of the First M. E. church. Fifty or more
guests were present. A delightful musical
program included selections by Prof. Star
buck, Mrs. Teachout, the Misses Adams
and 1 Miss Mabel Rooney.
A party that ascended 1 Mt. Lowe on Sun
day and remained until Mondlay, took the
trip around the kite-shaped track on Tues
day, attended- the Orpheum and had supper
at Levy's In the evening, Included Mr. and'
Mrs. J. M. Carson, Mr. and Mrs. J. J. Wat
son, Mrs. C. F. Wright of Chicago, Miss
Anna Carson. Miss Valer! I. Smythe, O. H.
Smythe of San Francisco andi George Car
' son.
I Mrs. Joseph B. Banning entertained at
luncheon Friday at her residence on West
lake avenue In honor of Mrs. Hancock
Banning. The table was charmingly dec
orated' with brown pansies and broad
brown satin ribbons. Those who were there
were Mrs. Banning, Mrs. Adelaide Brown,
Mrs. Harrington Brown, Mrs. Whiting,
Mrs. J. J. Mel'ius, Mrs. Wesley Clark, Mrs.
Roy Jones, Mrs. Carl Kurtz, Miss Russell
and l Miss Patton.
The junior class of the University of
Southern California gave an entertain
ment in the college chapel Thursday even
ing. The program included 1 a baritone solo,
"Anchored" (Watson), by A. H. Gogs well;
a recitation, "The Confessional" story, by
Miss Maude WllUls, and two n.umbers by
Prof. De Lano's Guitar and' Mandblln club,
"Cavatina" (Verdi) and "Watch Hill Two
Step" (Kenneth). The program closed
with a farce, "Never Say Die," by the
students.
The young man who £f\_
starts in business life Ji-iißa-——
with a good athletic nvrj (\
training back of him will J 4
be able to stand more \
than the man who has mmm'n
not had the same advant- 1
age. Nevertheless, if he M
overworks and neglects t Lay
hit health, he is likely to
fall a victim to some fa
tal malady like his less
fortunate brother. ( \!m*WmvAr^
There is only one [L
safe road for a man toBr"
tread in the matter of >S ( \ IJCuIL
health. That is the \ \A
road of eternal ~' & f
man, no matter **•"■■
how strong he \
may be natural
ly, can with impunity neglect the little ills
and indispositions of life. These little dis
orders are what make the big ones. When
a man suffers from headaches and loss of
appetite, feels drowsy and dull during wak
ing hours, cannot sleep at night and is
nervous and shaky at all times, he Is In a
dangerous condition. If he long neglects
his condition he will find himself a very
sick man. Dr. Pierces Golden Medical
Discovery is the best of all medicines for
the many diseases that are caused by an
impaired digestion and insufficient and im
proper nourishment. It creates a hearty,
healthy appetite; it makes digestion and
assimilation perfect ; it invigorates the
liver and purines and enriches the blood.
It is the great blood-maker, flesh-builder
and nerve tonic. It is the beat of all medi
cines for nervous disorders and it cures 08
per cent, of all cases of consumption, if
taken in its earlier stages, before the lungs
are too far wasted. For chronic, bronchial,
throat and nasal affections it is an un
equaled remedy. An honest dealer will
not suggest some inferior substitute.
Rev. C. M. Lemoud, (P. o. Box 307), Quanah,
Hardeman Co., Texas, write*: "I write to any
that during the late trouble between the States
it became my doty as well as privilege to apeak
in the open air at night, which produced slight
hemorrhages and lou of voice from which I had
suffered more or leas for a number of years, until
that God-send' Golden Medical Discovery,' given
to the world by the inventive and scientific brain
of Dr. k. V. Pierce, waa obtained. After six bot
tles had been used the pains and aches in my
lungs began to fife way, and now I feel that,
with a judicious course of life I may live many
years. I thank God for giving to the world a
man who has done so much for suffering hu
manity."
>»♦ ♦♦♦»♦♦♦tt»+»♦♦♦♦♦♦♦♦♦♦»
ijßi Crystal Palace;;
... is now open ... ::
;• Meyberg Bros. 343-345 s. spring st. ::
$f*% MEN
jzjiM f * f Many ot you are drifting-
T*w- on a shoreless sea, far from
I % lrail hark may soon be
floundering in mid-ocean
- where ir will be too late to
cast anchor or call for aid.
'■■^^^b^t^^^^S^^' ucn negligence is crinii-
na '" me ' s '"deed pre
nn j^^^jftt^^cioustosuchnien.ltmeans
iritifcK* more than money. It
means more than the wealth of all the world. Thou
sands of reasons have been dethroned by such negli
gence, and many pitiable wrecks of human beings line
the wayside, the results of neglect. If you have an ail
ment recently contracted, or which has become danger
ous or chronic through bad treatment, or a weakness
that is robbing you of manhood and self-respect, you
should consult the physic ians of Dr. Meyers & Co.'s
institute. They can cure and restore you quickly
and permanently. Private book for men sent free.
Their prices arc reason- U— Dial Tall Pimrtrl Consultation ana
a hie and their terms nil rHV I 111 I .111 I, II advice free at of
within the reach oi all. ~w ,U J ~,, V»UI VU n C e or by mail.
Dr- Meyers & Go. :??r d
218 South Broadway, Los Angeles
SB ~ : ~ z -- =F= : ZZZZ=BB
OLDEST AND LARGEST BANK IN SOUTHERN CALIFORNIA.
pARMLRS AND MERCHANTS' BANK OF LOS ANGELES, CAL. t
Capital paid up $500,000.00
Surplus and reserve $875,000.00
I. W. HELLMAN, President; H. W. HELLMAN, Vice-Pres.: H.J. FLEISH
MAN, Cashier; G. HEIMANN, Assistant Cashier. Directors—W. H. PERRY, O. W.
CHILDS, J. F. FRANCIS, C. E. THO.M. L W. HELLMAN, JR., H. W, HELLMAN,
A. GLASSELL, T. L. DUQUE, I. W. HELLMAN.
Special Collection Department. Correspondence invited. Our Safety Deposit De
partment 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.
THE NATIONAL BANK OP CALIFORNIA
At Los Angeles
Capital and Pro fits, $270,000.00 ''A
IDIRECTOHS
S. C. HUBBELL, T. E. NEWLW,
O. H. CHURCHILL, J. M. C. MARBLE,
O. T. JOHNSON, JOS. D. RADFORD,
O. T. JOHNSON Second Vice-President! W. S. DE VAN, CHAS. MONROE,
A. HADLEY Cashier N. W. STOWELL, H. M. LUTZ,
JOS. D. RADFORD Assistant Cashier FRED O. JOHNSON JOHN E. MARBLE,
R. I. ROGERS ...Assistant Cashier l . A. HADLEY.
I_OS ANGELES NATIONAL BANK
United States Depository
CAPITAL $500,000.00 SURPLUS $50,000.00
Total $550,000.00
GEO. H. BONEBRAKE President WARREN GILLELEN....Vice-President
F. C. HOWES Cashier E. W. COE Assistant Cashier
DIRECTORS _
Geo. H. Bonebrake, Warren Glllelen, P. M. Green, Chas. A. Marriner, B. P.
Johnson, Wm. M. Van Dyke, W. C. Brown, L. C. McKecby, F. C. Howes.
This bank has no deposits of either the county or city treasurer, and therefore no
preferred creditors.
SECURITY SAVINGS BANK,
Corner Main and Second Streets
OFFICERS DIRECTORS
lI.W. Hellman, J. F. Sartori.W. L. Graves,
J. F. SARTORI President H. J. B'lelshman, C. A. Shaw, F. O. John-
MAURICE S. HELLMAN.VIce-Presldent son, J. H. Shankland, J. A. Graves M. L.
W. D. LONGYEAR Cashier Fleming, M. S. Hellman, W. D. Lonsryear.
Interest paid on term mill ordl nary uenonltH
Money loaned on nret-clnse real estate
piRST NATIONAL BANK OF LOS ANGELES
CAPITAL STOCK $400,000 Surplus and undivided profits over $250,000
J. M. ELLIOTT President W. G. KERCKHOFF Vice-President
FRANK A. GIBSON Cashier W. T. S. HAMMOND. ..Assistant CaShlsf
DIRECTORS
J. M. Elliott, J. D. Blckncll, F. Q. Story, H. Jevne, J. D. Hooker, W. C. Pc terson.
Wm. G. Kerckhoff.
No public funds or other preferred deposits received at this bank.
fJAIN STREET SAVINGS BANK
Capital paid up 8100,000
Junction of Main and Spring and Temple sts. (Temple Blockl, Los Angeles.
OFFICERS AND DIRECTORS—T. L. Duque, President; I. N. Van Kuvs, Vice-
President; B. V. Duque, Cashier; H. W. Hellman, Kaspare Kohn, H. W. O'Melveny,
J. B. Lankershlm, O. T. Johnson, Abe Haas, W. G. Kerckhoff.
Money loaned on real estate. Interest paid on term and ordinary deposits.
gROADWAY BANK AND TRUST C 0., Broadway and 3d st., Los Angeles.
AUTHORIZED CAPITA L $100,000
PAID UP CAPITAL 110.000
Officers—WAßßEN GILLELEN, Pres ldent; GEO. H. BONEBRAKE, Vice-Pres
ident; F. L. FORRESTER, Assistant Cas hler; W. C. DURGIN, Secretary.
Directors—Geo. ii. Bonebrake, Geo. I. Cochran, M. H. Flint, Chas. H. Howland,
J. R. Haugh, Warren Glllelen.
[OS ANGELES SAVINGS BANK
230 North Main Street
J. E. Plater, President; H. W. Hellman, Vice-President; 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 class real estate.
QERMAN -AMERICAN SAVINGS BANK ~
Paid up Capital and Fronts, $145,400
COR. MAIN AND FIRST STS. Victor Ponet. President: L. W. Bllnn and C. K.
Flint, Vice-Presidents; M. N. Avery, Cashier; P. F. Schumacher, Assistant Cashier.
Interest paid on deposits. Money loaned 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. Gibson, Simon Malar,
W. D. Woolwlne, W r . C. Patterson. Safe Deposit Boxes for Rent.
SOUTHERN CALIFORNIA GRAIN AND STOCK COMPANY
212 1-2 South Spring Street New York and Chicago Markets
Direct Wires. Reference:
Quickest Service. National Bank of California.
Telephone Main 942. Los Angeles National Bank.
MARGIN ACCOUNTS SOLICITED. COMMISSIONS FAITHFULLY EXECUTED
Dally report mailed upon application. F. P. BURCH & CO.
Glass & Long Blank Book Manufacturers
,213-213 NEW HIGH ST. Los Angetw i~yra.it ."j
A Book, 348 Pages, invalnablo to Invalids
By the FOO 2 WING HKKB CO.
903 South Olive St. Los Angeles, CaL
Pr. Foo.
Diagnosis and Examination Fre i
The Cudahy Packing Co,
Packers and Jobbers of—
"Rex" Hams and Breakfast
Bacon and Lard ....
Also dealers ln Fresh Beet
Pork and Mutton.
Tel. Main 988. Los Angeles, CaL
Rol. King's Liquors
Bohemia
Tel. Red 1751 307 South Spring St
LOS ANGELES, CAL
23
A PLUMBER IN NEED
IS A PLUMBER INDEED
Haverty
Is the man you want to figure for you oa
the Plumbing of your buildings, new or old
His headquarters are at
4354 S. Broadway
ud you are invited to call him up through
Telephone Red 804
VILIJAM H. ALLEN JR President
A 9. H. SHaNKLAND Vice-President
t. 8. HELLMAN Vice-President
). F BRANT Manager
). P. CLARK Secretary and Treasurer
[ITLE INSURANCE AND TRUST
COMPANY
Capital Paid Up, $400,000.00
L Policy of Title Insurance furnishes tho best
evidence of title that can be obtatnud.
Cor. Franklin and New High Sts.,
relephone. Main su LOS ANGELES, CAU
rVest Glendale —*
Winery and Vineyards
CHAS. B. PIKOMI, Proprietor
<o 840 N. Main St., Baker block. Telephone
!BS. P. O. box 15, Station C. High-grade Tabls
md Medicinal Wines. My specialty: Sacra.
nental Wines. Pure Grape Brandies ot saf
iwa distillation.