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THE INVESTOR Conducted by THE SUGAR BOUNTY THE HISTORY OF THE WORLD'S i SUGAR PRODUCTION SOME STARTLING FIGURES. The Financial Outlook—Exempting Manufactories From Taxes. Thsurance Notes OFFICE OF THE HERALD, Los Angeles, Cal., Aug. 6, 'OS. The use of cane sugar was practically unknown In Europe ln the mlddb ages, though It was ln use ln India and the far cast .at a comparatively early period of history. The lirst 100,000 pounds of sugar was Imported into London in 1319 from Ven ice, which was then the center of the trade, and its price was ls. 9%d. a pound. Until the eighteenth century it continued to be apostle luxury, but the development of th, uso of'tea and coffee at that period led to an Increase in sugar production, and i's consumption rapidly grew, though until iif ty years ago it continued tn be a luxury for the well-to-do; now It is n necessity for all. The figures as quoted in Bradstreet'j are somewhat startling; The. consumption in Great Britain in the following years was; Tons. Tons. 170t| 10,000 1886 1,080,400 1800 150,000 1896 1,600,000 Of the consumption In 1886 cane supplied 510.U10 tons and beet 549,000 tons, while In ISOfi the proportion was about 30 per cent, cane nnd about 70 per cent. htet. The world's production was as follows in 1889, according to the most trustworthy fig ures obtainable; Tons. Tons. Cane 5ugar.2,432,000 licet 5ugar....2,808, Total in ISS9 6,310,000 In 1895 cane sugar had Increased 658.000 tons, but beet sugar had Increased hy 2.092. --000 tons, and the world's production In thai year was: Tons. Tons. Cane sugar.3,loo,UOO Beet 5ugar....4,900,000 Total 8.000,0011 Til-- i Xlstence of common sugar in lie.-; root was discovered by Andreas Maygraf, of Berlin, In 1747. ami '.lie first beet sugar factory was established in Silesia in 1801. , . . But to return to the origin and prog f.ress of the beet industry as It now exists. It was in a manner forced upon continental countries by three gnat commercial Changes which have taken place during the last thirty-live or forty years: (1) The vast development of the production of wheat and other cereals in America, India, Aus tralia and South America; (21 the enormous Increase of steam tonnage and consequent lowering!Of freights; (.1) the opening of the Suez canal In IKO7-6S, which brought the great eastern supply of cereals as it wero to the door of Europe. Till then Germany. France, Austria, Belgium ami Russia were great grain-exporting countries. Soon, however, after the changes we have re ferred to came into operation the position was reversed. Europe became flooded with eastern and transatlantic Importations, and the farmers had to seek other source of Income than the raising of cereal crops, which hail been so profitable to them and their forefathers. In vain did the various governments try to stiq) 'h'' tide of imports by Imposing a heavy duty on foreign corn, for despite al' their efforts th, export trade in corn has vanished from Europe, while even th, home markets are seriously invaded. Un der these conditions the farmer.: dimin ished their acreage under c.-reals and took to sheep nnd cattle raising. First they prew beet for cattle food, and tin n. finding that beet pulp, after the greater part of th sugar had been extracted, was excellent d ialing stuff, the beet Bugar productloh ad vanced with rapid strides, fostered as It was by paternal governments fully alive to Ihe necessity nf protecting their greatest rational industry of agriculture. So beet growing, with Its accompanying bounty system, arose and has gone on steadily spreading 1 und increasing until two-thirds of the world's sugar production is from bounty-fed beet. The method by which the object of giv ing bounties on exported sugar, both raw and refined, Is attained differs in most coun tries, as well in amount as in other ways, but all give bounties except Russia. She abandoned the bounty system in 1886, and substituted the ingenious plan of limiting the amount produced for home consump tion, thereby so,enhancing the price ob tained by the manufacturer as to enable him to export any surplus he may have at n cheap rate. In France the bounty, till the end of IS9O, took the form of a production premium at tt francs per 100 kilos—£2 7s. 6d, per ton ; but in 1807 a further bounty was givt n of £2 10s. pet ton on all refined sugar exported. About 800,000 lons of sugar are produced in France, (S which 520,000 are consumed al home. On this home consumption an octroi duty of £25 per ton is raised. He-sides this there are 420 distilleries in the country using molasses, nnd from them tin excise revenue of about £10,000,000 is raised. So thai, after deducting the heavy bounties on produc tion and; export, France raises a revenue from her sugar of considerably over £20, --000,000 per annum. Germany gives an export premium of £1 ss. on raw and £2 10 s. on refined sugar, but the output is limited to 1,500,000 tons. Austria, which commenced the bounty system before any other country in 1800, gives £1 10s. pi r ton on raw and £2 15s. on I re lined sugar exported, but as she allocates only some £XOO.OOO for this purpose there Is n limit to exportation. The internal tax on sugar for home consumption is £12 per ton. The nature and conditions of the bounties paid by Belgium are so intricate that it is difficult to say precisely what they are, but Ihey are not less than £3 per ton on re fined sugar exported. The home tax on consumption is £25 per ton. Holland gives a bounty of 30s. per ton on raw and £2 10s. per ton on retined sugar. The internal tax is £0 per ton on consumption. The United States gives n production pre mium or manufacturing bounty of 1 cent per pound. An Import duty nf '/■ cent per pound Is levied on all foreign sugar, and when sugar is Imported from a bounty giving country an additional tax is put on equal to the bounty given ln the country of origin. The Financial Outlook With hardily an exception important business men are sure that business bet GEO. A. DOBINSON term ent must soon show substantial re suits. In Wall street nearly every operator who has following and ls trust, d adVttca conddi lice. Some leaders have recently been Inactive, but few have been sellers nf Stocks; even those who did part with hold ings about the time when Germany seemi d bent on meddling at Manila have bought, or are buying, back. It Is urged by some critics of the market, says the New York Timer, that present prices are already substantially higher on an nvorago than were the top records made In last summer's buoyancy, and lhat on this account further purchases are danger ous; but this view of the situation is not ac cepted by men of chief Wall street impor tance. Th.-y answer that conditions last year were but preliminary lo conditions which now are materially better. Wh.v was then only promise Is now accom plished. Increased dividends then deemed possible hove, now in many instances lie come actual. Other returns to Investors not deemed then as even remotely probable are now close at hand. The yenr post was made up of twelve months ln every one of which significant progress was made. Kentucky Enterprise A t'degram from Louisville says the gen eral council has passed and the mayor has signed an ordinance exempting new man ufactories from city taxes for five years. The main object of the measure was to at tract capital and factories from points where taxes are at present levied on In dustries, and thus supply fields for the worklngmen and advance the city's posi tion as a commercial and manufacturing center. Insurance Notes Tlie report of the examination of the Travelers' Insurance company, recently mad" by the insurance commissioners of Wisconsin, Illinois. Missouri and Connec ticut, has been Hied. The commissioners value the assets of the life department at 119,007,478, and those ot the accident branch at 14,669,090, which Ir. 1716,16s more than the company's valuation on January Ist last. The commissioners are said to have de ducted 187,590 for assets not admitted. These consist of alleged unsecured mortgage loans ($40.(100). policy loans, (19590), and an other item ($8000), The showing is regarded is a victory for President Batterson in Ms recent controversy with Webb McNall, the insurance commissioner of Kansas. Concerning the non-admitted assets. President Batterson said: "If we have any unsecured mortgages we do not know where they are. it is news to us. We have in some cases loaned on policies more than the legal amount (not more than 76 per cent of tlie reserve), but ill all such ens..: tin policies have a paid-up value of more than tie amount loaned. The holders could have ibtalned the amount outright for the poli cies without borrowing on Hum. so that we do not think any such loans can really be regarded as unsecured." The Pacific Mutual Life Insurance com pany claims to have more than twice tho number of policy holders in the city of Los Aug li s over any other life Insurance com pany. Commissioner Dearth of Minnesota has asked for a receiver for the Farmers' and Merchants' Fire Insurance company of Blooming Prairie, formerly the Merchants' Fire of Minneapolis. The Mercantile Fire Insurance agency of Cleveland has been incorporated withslo,ooo capital, to do a general Insurance business by C. S. Homer, W. M. Miller, G. D. Hlle C. A. Gibbs nnd M r . L. Cook. The mutual Investment policy Issued hy the Pacific Mutual Life Insurance company contains guarantees of paid-up additions paid-up Insurance, cash values, provides for loan privileges, contains the extension feature, and, all things considered, is de cidedly the best life Insurance policy of fered tn the insuring public. Ask Edward D. Silent ft Co., 212 West Second street, to show you a specimen of this policy.—(Adv. Incorporations Aurora Gray,,! Mining company, San Francisco; .{2,.n00; subscribed, $700 Dennison Contracting company, San. Pranclscoi 82".«0O; subscribed $50 , lml ' , ,„. Va " t v , Creamery association Chino; $10,000; all subscribed. ' Ni vada Niter, potash and Phosphate company. San Francisco; $360,000; sub- Bcrlbed, sii-ioa. The Wells Candy company, Los Angeles: »20,()00; subscribed. $w,i,00; directors? Lee W. Wells, l, t on W. Wells, 1C J,. \ VI . I. Mary C. Wells, L. Whltn.y Wells. Transfers, $1000 and Over ~ ~ (Dally Statement.) F. Barman et al. to lluldah A. Good huo-Lot s Bancroft trt 53,000 M 1.. Marsh et u l. lo N , A . Beebe— Part lot !i, Reglne trt 1 000 N. A. Beebe to M. F, Marsh—Part ' Sec. 18, 5 N U 1 oijo UP, Hansen et ai. to W. Stanton— ' Part lots 30, 31 and 32, of sub. of lot , Latte Vln - ''■ *W- ass'n. 55.H011 J. It. roberman ot al. to c. Raphael —Lots 14 and 2'i. Wllhari trt 1,500 A. „. Stevens to t.i. A. Towne—Lot D, Stevens suh. of See trt 2 500 Laurana and C. v. Cain lo M. Hers- "' kovlts—Lots 19 to 24, I,lk 13, A/.usa 1,000 Nine transfers under $1000, of which two were nominal 2.550 Total 109.550 Mortgages, $1000 nnd Over (Dully Statement.) Anna C. Hitchcock to exr. uf est. of Emma E. C. Cristy, deed—Lot 13, Hotel trt. lot 11, Dr. Converse trt, 1 yr, 10 per cent 11,800 B\ A. Collins et al. to J. R. Smith- Lot 12, blk G, So. Bonnie Brae trt, „« J™. 11 Per cent 3,000 Mary A. to German Amer. Say. Bk—Part lots 3 and 4, Grovr orchard trt, 2 yrs, 11 percent 1,000 J. O. Houser to Mrs. Josiah Alkir,— Lot 2 and part 1. blk 1. Phillips trt, Ro. La Puente. 1 yr. 10 per cent.... 1,000 Lucy B. and G, Jencks to Pomona College—Part lots 10, 11 and 12. blk 12, Claremont, 1 yr, 10 per cent 1500 Reglna and Alberta veale to E. B Pierce—Lot 1 of S. 11. Doollttle's sub. of lot 31, 14. F. Ball's sub., 8 vis, 10 per cent 1000 G. A. Towne et al. to A. J. Stevens- Lot D, Stevens sub of See trt; on or before Dec. 15, '99, and 1900, 9 per cent 1 270 Same to Mary E. Miller— Lot 1, Chow ner uli., 1 yr, 10 per cent "7 "1 0(10 11. Heaney et al. to Equitable B. & ' 1,. Ass'n of It. S.—Lots 30 and 21, blk 10V4, E. L. A., 13 yrs, ln.s peri cent 2 3,j0 Hattte 11. and W. C. Wild to l'nlon Ilk of Say.—Lot 7. blk T. West L. A., June 22. '99, 10 percent 1,000 Twelve mortgages under $1000 f,526 Total $19,590 Releases, $1000 and Over (Daily Statement.) Elizabeth Balbrldge to J. o. Houser el al. 107-2 $3 000 Pasadena National Bk to L. P. Han sen, 552-94 10,000 Six releasqji under $1000 3,145 Total SIU4S ON 'CHANGE aonditions as Shown by Transactions on Wall Street NEW YORK, Aug. o.—Tho tone of flic stock market today continued very strong. Stocks and bonds showed a steady advance! The movement of large concentrated wealth which took the Initiative during the w~eek I continued, and the following tlitis invited 1 showed increase. The two hours' session of the stock exchange was full of business and the demand was eager. The preference Is decidedly for the assured dividend paying interests as yet. But It was Influenced by the possibilities of dividend payers else LOS ANGELES HERALD: SUNDAY MORNING, AUGUST 7, JB9B where. Tlie Grangers continued the for wanl advance, hut Burlington fell slightly In the background to make way fur St. Paul ami Kock Island. Ueannsi In these stuiks were very large, blocks frequently being teen. Considering fne. Weeks rise in pr ,s, th lirinness at tne: close was remarkable. Traders are prone to close outstanding accounts and to .lake profits In anticipation of a Sunday interval, but no disposition was shown to sell out today. The heavy expansion in loans show* In the bank statement is mostly die to the awakened stork exchange activity. The net Increase of $I,.v»i.'hki was largely from interior receipts. Tic sub-treasury dally report is still offset by payments un the loan account. united states fours, registered, have ad vanced 1%, do. coupon and the new touts registered have also advanced some. Closing- Stocks NEW YORK. Aug. fl.-The following are tlie closing prices on tlie Mew jura stock exchange tuaay: Atchison 13* do lid pfd.. SO.. , do pfd.... 3514 st Paul .-i«;»„ Baltimore c* O. hi do pfd 152 Can ida Pacific, 83 St P&Omaha... 84% Canada Bouth., 54% do pfd 1",3 C Pac ex 161* st P MVft M ,T. Ches ft 0hi0... 2314 Southern Pacific. 20% Chi * A1t0n...169% s,, Hallway tj'b CII * y li;< do ptd 33>. s Chi & X 111 615 Texas ft Pacific <' C Cft St 1... 42% U 1- pfd e3}» do pfd.... 84 U l' l>& Q De ft Hudsow.lo7 Wabash 1% l> L * W 160 do pfd 29 Den &RioG... 12% Wheel ft 1. E.... I->» do pfd.... r,i (hi pfd 11% Erie (new) .... i;t>_ Adams Ex 102 do Ist pfd..35% AmericanEx 135 Fort Wayne. ...172 United States Ex. I-' Ot Nor pfd, ex Wells Fargo US dlv . x rlghts.l3l% Am Cotton 0i1.., 2j?j Hocking \ .11... 5 " jo pfd 02% Illinois Cen ....he.:, Aln spirits 14% Lake E At \Y.. 11 jo pfd 3!' do pfd.... 71% Am Tobacco n Lake 5h0re....195 do pfd Urn% Loirs ft Nash.. 56% People's Has 10 Manhattan L..107% Con (Jas 198% McC St Ry ir,, nosi Cable C 0....170 Mich Ceiurul...,loß% Col P & 1r0n.... 2-iVj -Mln:: ,<4 Bl 1 28% do pfd 65 do Ist pfd.. so Gen Electric WW Mo Pacific 87% Illinois Bteel .... 5S -Mobil- ft Ohio. 26% La Ch de Gas St' i M X .ft T 11% 1. ad 26% do pfd..., 25% do pfd liT'i., Chi ft L !,i„ Nat Linseed Oil.. 6% do pfd.... 30% pacific Mali 31'; g .1 Central..., 81% Pullman Palace.l9l N v Central...ll9% Silver Cert .".s's N V C & st 1... 1314 Standard It ft T. f.', do Ist pfd.. Ob " Sugar (SO 1 do 2d pfd... 37 do pfd 11l Nor Wi s t uu rj ,; ,14 Iron Jgu .n Amer C 0.'... 6% v s Leather 7% North Pacific.. 90% do pfd 68% ,do pfd.... 74 r s Rubber 1"', Ontario ft \v.. 15% do pfd 99 Ore It & Nay*.. Wp«tern Union.. 91! Ore Short Line 28 Chicago % NW..i Pittsburg i,o on pid... Reading 18 Chicago ft GW. 15% Lot k Island 100% St L&SW St I. ft S P..., Reading Ist ptd., 18% do Ist pfd.. 60 Brooklyn X T.... 59! . Bond. List NEW YORK. Aug. It.—Tho following are tbe closing prices of bonds on tho New York stock exchange today: U S new is reg.l37-2 N J Css 112'l do c0up....121% N Carolina 6s 125 US Is lliu, .:o Is li) 3',(. do c0up....i11.. N Pacific lsts 112% do 2ds 07 do 3s 62% v s -is reg ill' do 4s 100% do 5s coup.ll2 N V C ft St 1 107 District 8s 66...116% Nor ft W 6s 122 Ala Class A....108 N W Consols.... 64% do v luti do dob 51....117 do C US O Nay lsts 112 do Currency 90 do 4s 08'!' i Atchison Is — 95*5 <> s Line 6s t r..126 do adj 45... 72% do 5s t r 100% Can Solids Uo% Pacific Us of 95.. .102% Can Pac lsts.. — Reading I- M% Chicago Term, ss R (1 W fi?fj* »'i C ft Ohio 55....114% S I. ft I Mconss.lKi% CII ft It 4%5...*04% S Lft S F gen 1i5.119 D ft R G lsts..nun St P Con 145% D ft R (i Is ... 96% st 1' ft C P 15t;..175 East Term lsts. 105% d,o 5s lid Erie Gen 45.... 76% So Railway 65... 98 PW & D lsts tr 74 S C non-fund...— (ien Blec r,s 105% Slt ft T6S 70 G H & S A 65...104 Term new set 35.. 92 do 2d5....10.-| T.-x P L C, 15t5..107 Hft T C 55....110 do reg 2,15... 43% do Con 65.11 l Union Pac 4s 9SV4 lowa C 15t5....103% TJ P D ft G lsts.. 76Vs X P Con t r— — Wabash Ist 55....111 KPlst(DD)tr— do 2ds SO L A new con 45.103 do 3s 91 Lft Unl 4s 91 \'a Centuries.... 72% Missouri 6a 100 \V Shore 4s 110 MKft T 2ds.. ill v Ppfd 69% do 4s !104 Va Centuries.... 72' i. N V Cen lsts..llo do dfd 5 Honey Market NEW YORK, Aug. C.-The Now York Financier this week says: The statement of the Associated banks of New York shows rather heavy changes for the week ending August 6, loans hav ing increased 812,738,100 and deposits $15, --371,500. The gal- in cash for the week was $1,831,300, and the surplus reserve has falTen off about 12,000,000. The statement s. Ims to reflect as much as anything else the prog ress of the recent financial operation of the Great Northern Railroad, which has in creased its preferred stock by ?25,000,iT00 W". ,000 being |v exchange for the stock nf one of the leased lines which had Been profusely distributed as a stock dividend. The Chase National, through Which this operation has been operated, shows a gain of over $6,000,000 in deposits, and Its cash Holdings have also expanded ov-r '4,000,000, The National City bank accounts for more than a third of the total increase and has lost about the s.-im" in Bpeeie. The deposit gain set ms to be confined for the most part to the larger banks, but in leans an Increase runs weil through the list. The remarkable activity in the bond mar ket last wick has operated to produce some change ln the current week. The season for discounting is now close at hand ami whin- It Is not anticipated that the movement will be heavy, It is interesting to note that tin.- surplus reserves of the banks are now below th- point reported last year at this time. The decrease ln surplus reserves between July and October. tsß7, was at least .'is.i Mi ,-000. In the last six or seven weeks the New York banks have reduced their reserves over $22.000.nf10 and have not h'.gun to snip money to the west. The government holds heavy deposits in this center, so that what may lie called available and permanent bank money is not as heavy as has beet: estimated. Gold imports would cn¥t?k the latter In any case. London Markets NEW TORK, Aug. 6.—The Evening Post's London financial cablegram says: The sleek market lv re was quiet and dull today. Trading here is both on New York account and on the part of English buyers, the general disposition at the moment and as prompted by the press being to operate for a moderate rise ln Americans. Buyers here are generally advised to take short profits. Grand Trunks were good also. Tlie rise ln securities continues, It is mainly due to purchases of the buyers. Treasury Statement WASHINGTON, Aug. 6.—Today's state ment of tlie condition of the treasury shows: Available cash balance, 1289,911,000; gold reserve, 8488.620,061. _ Silver Bullion RAN FRANCISCO, Aug. o.—Silver bars, 58'.»e; Mexican dollars, 4646HC, CHICAGO MARKET Prices and Prospects of the Trade ln Cerenls CHICAGO, Aug. o.—Wheat started very strong. September opening at from to OS. against 67)4057% at last night's ciosp. There was no appearance of any increase In the movement of wheat, and Liverpool sent higher quotations, Showery weather in the northwest gave the bulls a fnrioer opportunity, as th" trade under present conditions was nervous about the possibili ties of a wet harvest In that Section. 'ITh demand for the limit< d offerings in the sam ple market was most active, and at from 2 to 3 cents over the previous day's prices. Orders for round iots for shipment were on tin. market at a slight premium over the carload price. Chicago received 111 cars, against ilia a year ago. anil Minneapolis and Duluth 6S. against 158 last year. Atlantic pott clearances of wheat and Hour for fiie last 24 hours amount, d to 320,000 bushels, Sept ember left off %c higher and December &®He hlghir. Corn received assistance from the strength ln Wheat and also from tlie Kan sas ct op report for the month, showing a drop in conditions of 21 points, compared with thai of a month ago. The weather was acting kindly lo the crop and It was clear that such of i: as had not been ruined past redemption must be rapidly improving. After the lirst half hour the price gradually worked off, closing Vie lower. Oats were firm early, and remained so as long as corn showed strength. There were only a few buying orders from the country ;and all were tilled early. September lost : lie. A light run of hogs and the strength in I grain started provisions Hrm. After the i opening spurt, however, the market went .practically to sleep until the noise with which the grain markets closed woks It up for two oi three minutes' further exercise. The net result was that closlag prices today und yesterday w .te subs-e.i,dally the same. SAN FRANCISCO MARKET Call Board Dealings and Prices ot Produce BAN FRANCISCO. Aug. B.—Flour—Net cash prices for family extras, (.40*94.80 per barrel; bakers' extras. 4.i504.35. Wheat--Shipping. 1.181,01.1114 percental; milling. 1.804/1.40. Barley -Feed, 1.20®1.22H per cental; brew ing nominal. Oats—Poor to fair, Ll7Vtol.B2tt; good to choice. 1.255*1.20; fancy feed. 1.J2V4; gray. 1.22H01.25; milling, 1.22H01.27M> surprise, 1.323401.35. Wheat—lnactive and easier; 1.3t% per cental. Hurley—lnactive and easier; December, 1.17%. Corn—Large yellow. 1.071401.10. liran -16.50@16.00 per ton. Mlllstuffs—Middlings, 18.00020.00 per ton; bran. 15.00@15.00. llav-Wheat. M.OMiKOO: wheat and oat, 14,00017.00; alfalfa, 12.00013.00: hurley, 14.00 r.i 10.i»). Dry [leans—Pink. 2.8002.40 per cental; small white. 2.0002.16. Vegetables—Onione, 750850 per cental; green pens. 2.6008.00 per sack; tontaffies, iwlVic per lb.; rhubarb, 60076 c; squash, r,ac. Kresh Fruits — Penrs, Bartlett, 850 1.16; per box; strawberries, 2.00-u4.00 per chest; gooseberries. l'plMic: cherries, back. 10030 c: white and red, *508Oo; nutmegs, 1,0002,00 i peaches, 7SC01.OO; apples, 75cfii.no; cantaloupes, 2-.Wt4.00 per crate. EJggs—Store, 100180 per dozen; fancy ranch, 20024 c, Butter—Fancy creamery, 20c p*r pound; do. seconds. 20c; fancy dalrv, ISc; do. seconds. 190200. Poultry—Turkey gobblers. 13014 c per lb.; old roosters, 4.00ft4.50 dozen; young roost ers, I.OO0S.5O; small broilers, 2.0002.60; largo broilers, 8,0003.1$! fryers. 8.6004.00! lens 8.6006.00; eld ducks. 8.0008.26; geese, 75c0 1.00 pair; old pigeons, 1.25; young pigeons, 1.50. Citrus Fruits—Navel oranges, 1.50?) 1.73 Mexican limes, repack, 5 50'i/ii.OO', common California lemons, 1.6002.00; choice, 1.500 2.511. Dried Fruit Prices NEW YORK, Aug. o.—California dried friuts dull. Evaporated Apples—Common, 6®Bc per pound; prime wire tray, 8%08?»c; choice, 8%09c; fancy, 9^c. Prunes—4/ >c. Apricots—Royal, 8%@l0e; Moorpark. 10® 12c. Peaches—Unpeeled, SWSc; peeled, 1201S Exports and Imports NEW YORK. Aug. 6.—Exports of stiver from this port for tlie week ending today aggregal -.1 $540.021. Tic imports of dry goods and general merchandise at New York for the week raiding today were 88,216,376, The Imports of specie this week were $:;2'.i.279 in gold and 800,803 ln silver. Kansas City Live Stock KANSAS CITY, Mo., Aug. 6.—Cattle— Receipts, 2no; market unchanged. Sheep — R ipts, 200; market steady; lambs, 1.1806.00; muttons, 2,7504.40. Petroleum OIL CITY. Pa.. Aug. o.—Credit balances, 90c; certificates, 1,000 barrels at 95Vic; sales for the day, 2000 barrels cash at OS'jC. Local Quotations BUTTER—Extra local 32-ounce squares, 60062V>c; fancy creamery, northern, 32-oz. squares, 46047V4; diary, 32-oz., 42" 2 «15; dairy 28-OK. squares, 40c; fancy tub, per lb., 22028 c. EGGS—2OO2Ic per dozen. CHEESE—Martin's New York Cheddars, per lb., 18c; eastern full cream, per lb., 13c; California half cream, per lb., 10c; coast full cream, per lb., llVic; California Downey or Anchor, per lb., 13c; do. Young American, per lb., 14e; do. 3-lb. hand, per lb., loc; domestic Swiss, per lb., 20c POULTRY—Per dozen: Hens, 3.5005.00; young roosters, 4.00tu5.00; old roosters, 3.50 4.00; broilers, 2.0062.50; fryers, 2.7603.75; ducks, 8.0003.50; turkeys, alive, per pound, lOiillc; geese, apiece, 75C01.00. POTATOES—liurbanks, 90C01.00. VEGETABLES—Beets, per 100 lbs., 80c; cabbage, per 100 lbs., 00075 c; carrots. perloO lbs., 75c; chiles, dry. string, 1.0001.25; Mex can, per lb., 60c; green, per lb.. 607 c; gar- He, 606; onions. 75080 c; do. green, per doz., dor.., 20c; green peas, 3W4c; turnips, 85c; parsnips 75'0.55e; cucumbers, 76080 c box. OREEN FRUlTS—Bananaa, bunch, 11.50 2.25; strawberries, com., 506 c; fancy, 9£ 12c; blackberries, 406o; loquuts, 4fr<le; rics, white. 1.v.u10; do. black, 45000; apricots, per box, 50c; raspberries, per box. 8010 c; 07c; gooseberries, per lb., B04c; currants, box, 60065 c; Logan berries, per box. 40flci 4000; rigs, per box, 500 two; peaches, per box. 700J76C. RAISINS—Fancy clusters, 20-lb. boxes, 2,00; 4-crown L.L. clusters, 1.75; 3-crown L.L., iter box, 1.35: 2-crown, ioosf, in sacks, per lb., 4c; 3-crown, loose in sacks, per lb., ",i./.t!r> 4 c; 4-crown. per lb.. 6V4060; peas, 2.7603.00; black-eyed beans, 3.00; gar per shell, 124/13 c; hard shell, 7iyßc; pecans, 7c; roasted, 80834 c; California, raw, 405 c; 12.60013.00; loose, 12.00. LARD—Rex pure leaf, tierces, 8c; spe cial kettle rendered lard, B'?4c. CITRUS FRUITS—Fancy navels, 2.23'ji 2.10 per box; fancy seedlings, 1.7602.00. Cured fancy, 1.5002.00: choice. 1.25; green lemons, 1.00; grape fruit, per box, 3.0004.00. DRESSED MEATS—AII per lb.: Beef, No. 1, 641 c; No. 2. 6)4,01 hind quarters. No. 1, :)c; hind quarters, No. 2, 7c: ribs of beef, Hie: veal. 707)4o; mutton, VAc; lamb, Sc; pork loins, B94o; legs of pork. B%c; pork spare rili.-. tie; pork tenderloins. 15c. LIVESTOCK—Per lb.: Beeves, SffilV&c; hogs, 4V4c; iambs, per hi ad, 1.6002.00; sheep, iter ewt , 2.5003.50; calves, per lb., 3c. CURED MEATS—Rex hams, lO'/.c; pic nic hams. SHo; No. 2, 8*40; select mild cure, 11-*; fancy breakfast bacon, 119»c; dried beef, liv.c; smoked tongues. 50c; dry salt clear bellies, 18-20 ay., SVjc; dry salt clears, 35-40 ay., l%c; salt clear backs, 7',4c. TALLOW—Per lb., 2Viiiß3V4c. WOOL- Nominal. HONEY AND BEESWAX —Honey In wax. 20025 c per pound. BEANS AND DRIED PEAS—Pink. 3.25 ft) 8.60: Lima. 3.2603.50; Lady Washington, 2.10 ©2.60; small white. 2.30<52.ti0; green Held peas. 2.7603.00; black-eyed benne, 3.00; gar vancos, 4.0004.60; lentils, Imported, 7.00ui S.OO; lentils. Califomla, 3.6004.00. DRIED FRUITS—Apples, sun dried, sacks, per lb., 644060; evaporated fancy, 608 c: aiiricots, fancy, 8c; choice, orriSc; peaches, fancy, unpeeled, 507 c; pears, fan cy evaporated, 8010 c; plums, pitted, choice, 9010 c; prunes, choice, boxed, 609 c: sacked, 106 c; dates, 7V408c; sliver prunes, choice, sack, 7V4oßct bor.es, 9010 c; figs, California White, per lb.. 64/7 c; California black, per lb., 505 MC; California fancy, per lb., 7)40 10c; imported Smyrna, 12V4015c, . NUTS—Walnuts, Los Angeles, 405 c; pa per shells. 12'«13c: hard shell, 7080; pecans, 9012 c; filberts. 12012V>c; Brazils, 11012oj plnons, 10911 c: peanuts, eastern, raw, 6'2'it 7c; roasted. S'/vß>,t.f; California, raw, 405 c; roasted. 6)4t07c. MILLSTUFFS—FIour, local mills, 5.20 per bbl.; Stockton brands, 5.2."; Oregon, 5.00; eastern, 6.0006.75; shorts, ton. local. 23.00; rolled barley, per 100 lbs.. 140: cracked corn, per 100 lbs., 1.05; feed meal, per 100 lbs., 1.10; bran, per ton, 21.00; grahum, per 100 lbs., 2.70. HAY—Wheat, per ton, 15.00@22.00; barley, 17.00018.00; oat. 17.00020.00; alfalfa, baled, 12.50013.00; loose. 12.00. GRAlN—Wheat, No. 1, 1.65; No. 2, 1.60; corn, small yellow. 1.25; large yellow, 1.05; barley, common. 1.35. HIDES—Dry (as they run), 14c; do. kip, UHcj do. calf, 15c; bulls, 7c; salt steers, 4M.'us)4c; do. stags and bulls, 3)40lc; cows, 6)407ci sheepskins, 606b, BORROWED FROM GAMBLERS How a Game Between Police Reporters Interested Big' Players Tt was a lively game of poker. The bets at the start were not large, because the players did not have much money. The scene was in the old reporter's room in the city hall and the players were night police reporters. One was named Peckham and another Jekill. It was Peckham'S deal. All dropped out but Jekill. who drew two caiMs. Peckham did not draw tiny. The betting was fast and furious. Each player put up all the money he had in his pockets. Then each borrower] from his friends. "I've got a good hand," said Peckham. "So have I," replied Jekill. "I'd bet more money if 1 had It." "So would I." said Peckham. "Let's leave the hands here and go out and borrow." Ga mbllng houses were running ln Chicago In those days. Peckham went to Hanklns' and Jekill to John Condon's. Each toSS what his hand was and each gained sup No Pay Till Cured 17 YEARS Dr. Meyers ft Co. passed tbe exper imental stage :nng years ago. They - know Just what to do when a pa tient begins treatment and have such unlimited faith In their ability, their time-tried remedies, appliances and methods, that they do not ask for i money until the patient is pertna* i nently cured or restored, as the case 1 may be. Dr. Meyers ft Co. do not j use minerals or other deadly and j poisonous drugs. Diseases and Weakness of Men Only Dr. Meyers ft Co., confine i tlce to these ailments. During their | j seventeen years of succt ssful expe j rieneo they have become notably pro flclent in this line and have cuJVd many of the most complicated cases : on record. They treat with marked 1 success contracted ailments of any i nature, as well as nervous debility. Qcnsultation Free ' It will cost you absolutely nothing 1 to have a friendly talk with one or |i more members of the efficient staff ot Dr. Meyers & Co. They will gladly , give you their opinion and advice in . regard to your affliction without any 1 expense to you. It you live out of tlie city and cannot see the doctors In person write for free symptom blanks ami private book for men. 218 South Broadway, r.os Angeles. Take elevator. Private entrance, room lis. Hours—9 to 12 dally; even ings, 7 to H; Sundays, 9 to 11. DR. MEYERS & CO. Tin' only reliable an<l tho only lrgnHy rogifiti-rn-l pli y -.I v i utin In rioutlieru t'lillforiilutroatlns «'Very fovm of wc-ikneaa and dir. ease of men* Do You jyV Swim? wra Does Your TH Boy Swim? " ' s our ' ,us '" rJFN» ness '° ' urnis ' l your hoy with = *^Sr—Z 1 sa ' e ' L "' L ' :ln 'y "' " L ~ m "Z&* place in which x to learn to swim We Keep a Man to Teach Them Natatorium Open nlght Boys, 10 tickets Si.so Ladies and Gentlemen, 10 tickets ?2 00 343 South Broadway Adjoining City Halt. £. W. GILBERT, Prop A New Hook, £48 Pages. Invaluable to lnvlids Ilv the POO & WINO HEliB CO 918 douth Olive Street, Los Angeles, C»L Dr. T. Yen.' Diagnosis and examination freo. A PLUMBER IN NEED IS A PLUMBER INDEED Haverty Ip the man you want to flgtire for you on the Plumbing of your buildings, new or old His headquarters are at 435 J S. Broadway and you are invited to call hire up through Telephone Red 804 PCkUhutcr'. Kn«u«h Dt.m.nd Brut. EWHYRQYAL PILLS Original and Only Grn nine. A ft*'"' *' w » , « reliable, lao.ck tik aT\ ftgl BM Oru?jtttt for (Mtekuttr'i Ritiilitk />'(i jfflrVX .n 1 Brand In Bed .nl Hold —i?(B»|boi«l. With blue rtbboii, Juke VaT T*| •a nu Othajh ftrruit ,i,;.,feu. V if JwfitmtandimitaHont. At Dragffl.il. or Mud 4a. I adg ln "tKbinl tor pertteillkre, tr.timoiiUli, end \ "** km " ttaller far I.adtro,*' in Utter, by Mom —*w _ MalL 10.000 Teetlmnntete. JTmm hmtt. SfiJ & *" ir*' »'•«!«■. philada., Fa. Sold bj r. w. sn*t:.\ a ro., n boie-.i,- DrmyykU, tittle*, porters. A crowd went back to the city hall, among them being some of the most prominent gamblers In town. Bets were made in larger amounts. When the call came it was found that Peckham had a straight flush in spades with a king at the top and Jrkfll had a straight flush in diamonds h'-aded by a queen. The gamblers said they wore tlie two most remarkable hands In one game they had ever seen. Peckham, the winner, gave the party a supper at which wluc flowed freely.—Chicago Chronicle, Powerful Preservative for Peace Great Britain has In commission at the present time tlfty-twn battleships, eighteen armored cruisers, ninety-six protected cruisers, making In all IS2 arguments against the possibility of European inter ference in our little trouble with Spain.— New York World. "Flying Dutchman" This train leaves Los Angeles River Sta tion on Sundays at 8:38 a. M.i Arcade-depot at 8:50 n. m. Makes no stop after leaving Arcade depot until Santa Monica ts reached 22 minutes Inter. Southern Pacific company lead. Special service. See card in this paper. A Watch and a Cane The prizes this week in The Herald's "spelling match" are a handsomely en graved hunting case sliver watch and a gold-heuded cane. See announcement else where in this paper. Latest styles wall paper at A. A. Eck strom's, 324 South Spring street. If you would have your advertising % announcements and arguments I burned 1 %p into the »3 § memory 2 of thousands of bright, intelligent, § g money-spending people, buy space a in the advertising pages of H The Los Angeles Herald || Those who make lists of the mis- v W §JS spelled words scattered through jsg the advertising must learn the gg pIS advertisements by heart. They .J& can't help it. If you don't believe fj& this, try to find the misspelled 5 S words yourself, and note the result. g || A Prize Every Week || OLDEST AND LARGEST HAN X IN SOUTHERN CALIFORNIA pARMERR AND MERCHANTS' BANK OF LOS ANGELES, CAL. Cnpital paid up $500,000.00 Surplus and reserve $025,000.00 1. W. HELLMAN. President; H. W. HELLMAN, Vlce-Pres.; H. J. FLEISH MAN. Cashier; O. HEILMAN. Assistant Cashier. Directors—ll. W. PERRY, O. YV. CHILDS. .1 F FRANCIS. C. E. THOM. I. W. HELLMAN, JR., H. W. HELLMAN, ! A. GLASSEL. I. N. VAN NUYS, 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 ln this city. THE NATIONAL BANK OF CALIF OKNIA At Los Angeles. Capital and Pro fits, $270,000.00 OFFICERS DIRECTORS S. C. HUBBELL President S. C. HUBBELL, T. E. NEWLW, O. B O. H. CHURCHILL, First Vice President CHURCHILL, J. M. C. MARBLE, O. T, O. T. JOHNSON....Second Vice-President JOHNSON, JOS. D. RADFORD, W. S. DB A. HADLEY Cashier VAN, CHAS. MONROE, N. W. STOWELL JOS. D. RADFORD Assistant Cashier H. M. LUTZ, FRED O. JOHNSON, JOHN R. I. ROGERS Assistant Cashier E. MARBLE. A. HAD LET. |_0S ANGELES NATIONAL BANK United States Depository CAPITAL 1500,000.00 SURPLUS $50,000.00 Total 1550,000.00 GEO. H. BONEBRAKE Pr?oident WARREN GILLELEN....Vice-President F. C. HOWES Cashier E. W. COE Assistant Caehlef DIRECTORS Geo. H. Bonebrake, Wsrren Gillclen, P. M. Green, E. P. Johnson, Wm. M. Vast Dyke. W. C. Brown, L. C. McKeeby, F. O. Howes. This bank has no deposits of elthor the county or city treasurer, and therefore nS preferred creditors. i SECURITY SAVINGS BANK Corner Main and Second Street* OFFICERS DIRECTORS H. W. Hellman. J. F. Sartorl, W. L. Graves, J. F. SARTORI President H. J. Fleishman, C. A. Bhaw, 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. Longyear. Interest paid on term nnd ordinary deito.ltn Money loaned on flr.t-oln.. real estate pISST NATIONAL BANK OF LOS A NGELES Capital Stock JlOO.OOO Surplus and undivided profits over 1250,001 J. M. ELLIOTT President W. G. KERCKHOFF Vice-President FRANK A. GIBSON CashlerW. T. S. HAMMOND....Assistant Cashier DIRECTORS—J. M. Elliott. J. D. Blcknell, F. Q. Story, H. Jevne, J. D. Hooker, W. C. Patterson, Wm. O. Kerckhoff. No public funds or other preferred depo sits received at this bank. MAIN STBEET SAVINGS BANK Capital paid up $100,000 Junction of Main, Spring and Temple streets, (Temple Block), Los Angeles. OFFICERS AND DIRECTORS—T. L. Duque. President; I. N. Van Nuys, Vice- President; B. V. Duque, Cashier; H. W. Hellman, Kaspare Kohn, H. W. O'Melvenjr, J. B. Lankershim, O. T. Johnson, Abe Haas. W. G. Kerckhoff. Money loaned on real estate. Interest p aid on term and ordinary deposits. SOUTHERN CALIFORNIA GRAIN AND STOCK COMPANY 2121-2 South Spring Street New York and Chicago Markets Direct Wires. Reference: Quickest Service. Nationnl Bank of California. Telephone Main 942. Los Angeles National Bank. MARGIN ACCOUNTS SOLICITED. COMMISSIONS FAITHFULLY EXECUTED Dally report mailed upon application. F. P. BTTRCH, Cashier. BROADWAY BANK AND TRUST C 0., Broadway and 3d st., Los Angeles. AUTHORIZED CAPITAL $100,000 PAID UP CAPITAL 30.000 Officers—WAßßEN GILLELEN, President; GEO, H. BONEBRAKE, Vice-Pres ident; F. L. FORRESTER. Assistant Cashier; W. C. DURGIN, Secretary. Directors—Geo, H. Bonebrake, Geo. I. C ochran, M. 11. Flint, Chas. H. Howland, ,T. R. Haugh, Warren Gtllelen. LOS 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 lo an on first-class real estate. PERM AN-AMERICAN SAVINGS BANK Paid Up Capital and Profits, $150,000. COR MAIN AND FIRST STS. Victor Ponet, President: L. W. Bllnn and C. W. Flint Vice-Presidents; M. N. Avery, Cashier; P. F. Schumacher, Assistant Cashier. Interest paid on deposits. Money loaned on real estate. SOUTHERN CALIFORNIA SAVIN GS BANK 152 North Spring St. Interest Paid on Deposits DIRECTORS—J. H. Braly, J. M. Elliott, H. Jevne, Frank A. Gibson, Simon Malef. W. D. Woolwlne, W. C. Patterson. Safe Deposit Boxes for Rent C. I mrtr* Bookbinders and . . UiaSS C£ LOng Blank Book Manufacturers 213-215 NEW HIGH ST. Los Angrfe* OrmeM'il WILLIAM H. ALLEN JR President JAS H. SUaNKLAND Vice-President M S HF.LLM an Vice-President O.'f' BRANT , Manager 0, P. CLARK Secretary and treasurer TITLE INSIRANCE AND TRUST COMPANY Capital Paid Up, $400,000.00 A Policy of Titl«» Insurance farnllhei tho best evidence of title that can bo obtained. Cor. Franklin and New High Sts., Tclephuno. Main B*B. LOS ANGELES, CAL West Glendale —• Winery and Vineyards CHAS. 11. PlltONI, Proprietor No. 840 N. Main St., linker block. Telephone KW. p. O. box 15, Statiou U. High-grade Table and Medicinal Wines. My specialty: Sacra mental Wines. Puro drape Brandies ot my own distillation. ROL KINO J. W. BRIGGS LIQUORS BOHEIVIIA SALOON AND CIGAR STORE Tel. Red 1751 307 Smith Spring St 10S ANGELES, CAL THE HERALD Excels. Have you tried it? Everybody says it's a pood paper. Reasons are not far to seek. all the news that is news. Local and telegraph. Does not misrepresent facts. Lots of things you want to know about. Every day brings many new subscribers. Associated Press special wire. Democratic in politics and fair to all. Southern California's favorite. Ziska Institute 171S Sacramento Street Near Van Neil Aye. Home and Day School for Girl From Primary through Collegiate work. Bu< perlor advantages ln Languages and Musis Individual attention. Small classes. Special students admitted. MME. B. ZISKA, A. M., Principal 23