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THE INVESTOR Conducted by GEO. A. DOBINSON WALL PAPER COMBINE WILL RAISE PRICES FIFTY PER j CENT IN DECEMBER _ THE RANDSBURG GOLD FIELD Dun & Co.'s Monthly Trade Review. Rule for Taxing Bank Capital. Insurance Notes OFFICE OF THE HERALD, Los Angeles, Aug. 9, 1898. A combine of the wallpaper men that is expected to raise prices 2") to 50 per cent has been effected. Tho manufacturers claim that they have been doing business at v loss, or at least without profit. Every wallpaper factory ln the United States of nny pretension except, possibly, one in Chicago, has entered the combine. The Chicago concern does not stand very high with the others, from all accounts. They say It sells direct to tho consumer, and besides makes Its prints from second hand plates. It Is reported to be the inten tion of the trust to make war on this local factory, although the claim Is brought for ward that the combination Is mado simply to cause a rise in prices to such an extent as will result ln soma profit to the manufac turers. "The plans of the company have not as sumed definite form as yet," said a repre sentative of one of tho large houses. "All that is desired to accomplish Is the fixing Of a price for wallpaper that will make tho manufacturing of it profitable. For sev eral years the manufacturers have not made a cent out of their business, and!this state of affairs has become monotonous. "The increase will not be;so great as to work any hardship on the consumer. What It will be I do not know. This matter will be attended to in New York, the headquar ters of the concern. However, as wall paper is made six months In advance of the market and the season Is now over, there will be no change tn Che price until about next December, when the now article Is placed on the market." Profitable Gold Fields The report from Randsburg which will be found ln another column Indicates thai It Is not necessary to go to the frozen north and to incur the risks of that latitude In order to acquire wealth. Tho enormous returns already received! from the gold fields nearer home may be yet immensely Increased hy additional development. The progress made is highly encouraging. Tax on Bank Capital Commissioner Scott has stated ln reply to numerous Inquiries that "the amount of capital invested in United States bonds Is not to be deducted in reckoning the special tax to be paid by a bank." This ruling sus tains a former decision made by Collector Troat of New York ln the ease of several city banks that all the capital of a bank ln excess of the $25,000 exempted by law, no matter how Invested, must pay the spe cial tax of $2 on each $1000 nf capital. M Five Per Cent Bonds According to a San Francisco authority Hhe leading 5 per cent bonds in that market Kleld about as follows: ■ Percent. ■California street cable bonds, s's slx ■ teen nnd one-half years to run, pres ■ ent price 112 bid yield 4 ■Contra Costa Water Co.'s. bonds, s's, ■ sixteen and one-half years to run, ■ present price, bid 93, yield .•>% ■ North Pacific Coast Railroad bonds. ■ s's, thirteen and one-half years to I run, present price bid, 100. yield 5 I San Francisco ft North Pacific Rall- F way bonds, s's, twenty and one-half years to run. present price 106% hid, vleld •••• *% Market St. Rv. Cons. s's, twenty-five and one-half years to run. present pric, 114 hid. less interest since March {, equal 112.3 yield 4% Dun's July Review K. U. Dun ft Co.'s Monthly Review ot Trade Conditions In Southern California re ports as follows: The prospect ot peace and the looked for result of the opening up of new markets stimulates! business throughout the cour try. In July trade Is unusually light. It awatts the outcome and movement ot crops, but this year there has been no halt. The past month records more business than any previous July known. Crop outlook prom ises prosperity for the year. The whea* yield Is unusually large, the corn about the same as last year. The cotton prosper good. The Increased foreign demand for nearly all forms ot Iron and steel has ma terially assisted In Improving the situation ln these metals. There Is no pressure ln the money market, nor Is there likely to he, and the balance In foreign trade continues to set In favor ot this country. In our Immedtatewdlstrict there Is little new to report. It is quiet In most branches of trade. Threshing and hay baling Is progressing. The supply ol fruits has been found to be not so light atter all, and good prices have ruled. The canneries are now paying $50 a ton for peaches, with prospects of prices advanc ing. Returns from the east show unsatis factory orange markets, generally loss to the shipper. Lemon market Is active, prices w -er so good, but crop about exhausted. The Chlno factory will start up about the middle of August with a full crew. There will eonslderable sugar produced in spite of the dry year, in the dried fruit market little Is now otTered. Apricots claimed the attention; of. the month, an<» the output about 175 carloads for Southern California, Is practically disposed or. 1! has netted for the grower $20 to $22 green. Producers who have held now ask 8% and 10 cents per pound. The plan or (he Kalsln Growers' association to pool the raisin pro duct of the state has succeeded, and IK) per cent of the output will be controlled. This should solve the problem of successfully marketing this product. The season for walnut) picking Is ap proaching. The output is. placed! at 4000 tons as against :47f><> or last year. No prices yet reported as set by, thei association for opening the new crop market. Reports from the various cattle centers show that while cattle have Buffered, the mortality has been greatly exaggerated. Failures tn Southern California for the month ot July, twenty-two, liabilities $43, --000, assets $21,00(1, against eleven ln July, 1897, liabilities $17,000 and assets $11,000. Bank of British Columbia The half yearly meeting of the Bank &" British Columbia was held ln London on July 14th, Sir Robert Gillespie presiding. Though the chairman wns not able to pre sent thei stockholders with a complete bal ance sheet for the business for the half year just ended, for want of full returns from all the branches, he said: "The bal ance of proritand loss account we now have on hand, after making provision for all ascertained losses, is £18,445 is 3d, or whlcb sum the proposed dividend of 5 per cent per annum will absorb 1:15,000. leaving a balance to be earned rorward ot £3445 is Bd. This result bears favorable compar ison with the three previous half years, both as regards the total amount of pront ftnd the sum carried rorward to next half year's account atter deduction ot dividend 1 am hopeful this is an Indication of fu j ture greater successes." At the conclusion of his address It was moved and carried i that a dividend or 6 per cent per annum for the half year ending June 30th, rree of I Income tax, be paid 00 July 18th. TM» dividend of $76,000 tins since been pahl Treasurer's Receipt No Good i A Washington dispatch says that in an swer' to inquiries received from nation*' I oauks as to whetner, after allotment ot new bonds to purchasers, the receipts ot tne treasurer of the United States ror deposits mado on account, thereot would be consid ered as a proper fasls ror deposit as secur ity ror circulating notes of national bonks. Charles (4. Dawes, controller or Ihe cur rency, has ruled thut such ullotment re ceipts wtll not be received as a basis ror circulation. Mr. Dawes stutes thnt the law relative to the Issue 01 circulating notes Is definite, and strict In its dcecrlpt.on or the security which shall he used as a basis ror circula tion. Under the provtslona ot the law it would not be legal to issue circulation even upon unre-g.atered bonds ot the United States, as seotlon 5108 or the Hevlsert Stat ute* ot the United States provides: "l'he term 'United States bonds' as ÜBed throughout thla ohapter to the. Issue or circulation) shall be considered as meaning registered bonds or the* United Stales." The Delaware Withdraws The Delaware Insurance company of Philadelphia has reinsured Its New York city business in Ihe Liverpool and London and Globe and retired for the present trom the Metropolitan district heoaustj of the demoralization caused by the dissolution ot the Tariff association. The Delaware has refused to derend Its business at the rates prevailing since the general break, and con sequently lost much through Cancellations. Tho reinsurance of the remainder was finally arranged too hy President Tattnall Paulding. Tho significance or this retirement and its probable effect upon the local sltuutlon haß been gen-rally commented upon, pays the New York Times, as indicating) the likeli hood of other companies following the ex ample or the Delaware and the Traders' of Chicago, a large part of whose business also went to the Liverpool and London and Globe. The Delaware was organized April 10, 1835, and possesses a Paid-up capital stock of $702,875. According to the .New York State Insurance Report. Its net surplus on Decem ber 31. 1897, was $146,408,06, and Its New York premium Income for 1897 $88,666. Transfers, 81000 and Over _ _ (Dally Statement.) C. P. Bralnard et al. to Cora A. Gould —Part bl. 92, Ro. Prov ft Scott trt..s 1,000 A. L. \\ hltney et al. to A. B. Whltnev et al.—Und. 1-3 Int. ln lot 3, range 12. Alhambra Add. trt 1 500 C. F. Dlllman et al. to Alberta J. Denis — Part lots 1 and 2, bl. 2. Orchard trt 3,750 \\ . H. Rhodes et al. to same—All their und. % of part lots 1 and 2, bl. 2. Or chard trt , 1,250 Twenty-four transfer.-, under $1.00(1, of which six were nominal 5,659 Total $13,139 Mortgages, 81000 and Over (Dally Statement.) Alberta J. Denis. George Denis to Mrs. Amy Lowman—Part lots 1 and 2. bl. 2. Orchard trt.; 2 yrs. 9 per cent { 1.250 Seven mortgages under $1.000 2.701 Total ...„._...,..... $3,951 Releases, 81000 and Over (Dally Statement.) G. D. Compton et als. to J. C. West et al., 371-28 % 1700 J. M. Elliott to E. S. Hubbard, 399 --308; 443-50 1,500 Nine releases under $1,000 4,407 Tolal $7,607 ON CHANGE Conditions as Shown by Transactions on Wall Street NEW YORK, Aug. 9.-The belief was .general today that Spain's reply to the t.'nited States proposals was of such a character that it might endanger the whole negotiation for peace by Its failure to re turn straightforward answers to the ques tions at issue. This belief was effective In depressing securities ull over the world. This effect was especially marked in as much as values have recently Improved sharply on the prospect that peace would soon be declared. Holders of stocks were therefore Inclined to take profit In view of the less favorable outlook. This was true of Spanish bonds which fell both ln Paris and London. II hupllv could be said, how ever, of United Stnt?s bonds which never theless showed some depression, American railroad securities declined in London and in Europe and there was selling in New York for foreign account Offerings bad on the decline were very large but tliore was evident also a remarkable power of absorption which held prices with few ex ceptions almost perfectly steady through some of the mosl active periods of the iron ing. Recent leaders suffered quite severely and In this list are included specially Bur lington, St. Paul, Rock Island. Brooklyn Transit, sugar and the rubber stocks. Yes terday's profit taking followed by today's selling caused renewed fears among trad ers (hat the barge dealers w*re selling out. The benrs were active but nervous ail day and their covering Induced the numerous rallies. Prices at one time rallied to near last night's close and In a few cases above, but the bulk of the trading was at a lower level. Dealings In bonds were on a considerably reduced scale and prices were more firmly held than In the stock market. Tot,. 1 sales $3,550,000. Closing Stocks NEW YORK, Aug. 9,-The following are Ihe closing prices on the New Yorit stock exchunge today: Atchison 13% do 2d pfd.. 80% do pfd.... 34TS 8t Paul 10915 Baltimore & O. 16 do pfd 152% Canada Pacific. 82% St P & Omaha... 84Vf, Canada South. 54 do pfd 153 C Pac ex 16V St P M & M 161% Ches & 0hi0... 24(4 Southern Pacific. 31% Chi & A1t0n...159% So Railway 8% (.' B & Q 112% do pfd 32% Chi A E 111 58 Texas & Pacific. 12% C C C & St L.. 44V4 V P pfd 63% do pfd.... B«tt U P DAG 5 Del ft Hud«on.l«B Wabash 7% D L ft W 160 do pfd 20 , Den & Rio G 12 Wheel &L E 1% do pfif.... 50% do pfd 12% Erie (new) 13% Adams Bx 103 do Ist pfd.. 36 American Ex 133 1 Fort Wayne —171% United States Ex. 40 Ut Nor pfd, ex Wells Fargo 119 dlv ex rlghts.l3l Am Cotton 0i1... 27** Hocking Val... 5 do pfd 81% Illinois Cen....108% Am Spirits 13% Lake Eft W.. 14vi do pfd 37% do pfd.... 73% Am Tobacco 123% Lake Shore... .194 do pfd 130 Louis ft Nash.. 65% People's Gas 102V4 Manhattan L..10C% Con Gas 19814 Met St Ry 138% Com Cable C 0....170 Mich Central...loß% Col F & Iron 22% Minn &S L— 2*V« dd pfd 17, do Ist pfd.. 88% Gen Electric 39% Mo Pacific 37% Illinois Steel Gl Mobile & Ohio. 28 La Clede 0a5.... 53% M X & T 11% Lead 37 do pfd.... SfV% do pfd nil "hi ft L 10 Nat Linseed Oil.. 7% do pfd.... 33 Pacific Mall 32 N J Central.... 92% Pullman Palace..l9o N T Central....llß% Silver Cert 58% NYCft St L.. 13 Standard R& T. 5% do Ist pfd.. 60 Sugar 1374 do 2d pfd... 36 do pfd lI4U, Nor West 14% T Cft Iron 26% N Amcr C 0.... 6% U S Leather h% North Pacific.. 30% do pfd 71% do pfd.... 73% U S Rubber 39% Ontario ft W.. 15% do pfd 98% Ore R & Nay.. 53 Western Union.. 93% Ore Short Line. 29 Chicago ft NW..13;. Pittsburg 170 do pfd 75U Reading 18% Chicago ft G W.. 16% Rock 151and....101% St L ft fi W 5% St Lft S F 7% Rending Ist pfd.. 42% do Ist pfd.. 65 Brooklyn RT.... 60% — Bond List NEW YORK, Aug. 9.—The following are the closing prices of bonds on tho New York stock exchange today: O 8 new 4s reg.127% N J C 5s 112% do coup 117% N Carolina 65... .125 LOS ANGELES' HERALD i WEDNESDAY MORNING, AUGUST 10, 1898 US 4s 111% dn 4s 101 do c0up....111% N Pacific 15t5....112% do Idi 97 do 3s 65% U S 5s reg 112 do 4s fWil do sseoup.ll2 N V C & St L....10J District Se 65...116% Nor ft W 6s 121 Ala Class A —108 ,N W C0n5015....141 do li 100 do deb 35....117% do C 90 O Nay lsts 112 do Currency 90 do 4s 99% Atchison 45.... 95% o S Line 6s t r...127 do ndl 45.... 72% do 5s t r 106% Can So2ds UOU Pacific 6s of 95...102% Can Par lsts.. - Reading 4s S3V4 Chicago Term. SSH R Q \V lsts 91 C & Ohio 55....U4% S I, & I M con.',.-. 99% CH & D4%5...10t% St 1' Con 119 P & R G lsts...lira st 1' Con 145% D ARO 4s MS st P & C P lsts. .ITS East Term 15ta.106% do 5s 116 Erie Gen 45.... 74% So Railway 55.... 98 F W ft I> lsts (r 74 s C non-fund...— Gen Bite 5t....10714 sn&Ttn. 70. G II & S A 115...101 Term new set 35.. 92% do MS....MS Tex P L G lsts.. 10,% II AT C 65....110 do reg 2d5... 43% do Con Os.lll Union Pac 4s 98% lowa C lsts —103,* U P D & G I'sts.. 73% X PContr.... _ Wabash Ist ss....Hit* 14 P lsl (1) I» tr - do 2ds 89% L A new con 4s. 103 do 3s 91 I, & Uni 4s ;ii va Centuries.... 73 Missouri Os 102 W Shore 4s 109 MKft T 2ds.. iis U Ppfd 59"* do 45.... 81* Va Centuries.... 72% WYCenlsts.,.,HMj do dfd 5 London Markets NEW YORK, Aug, P.-Th* Evening Post's London financial cablegram says: The stock markets here were quiet today but inclined to t,p dull on th' reported delay of the peace negotiations between the United States and Spain and on sellingp'ro vloui to the settlement which will com mence tomorrow. Americans were dull, N"W York having turned seller of nearly all commercial stocks, but on the other hand New York buying of bonds was stronger than ever. Americans closed weak in the street. Cana dian Pacific has fallen on the dividend an nouncements. Grand Trunk was dull In sympathy and on expectation of poor traf fic returns. Spanish securities were flat for reasons stated above. Oil. CITY, Aug. 9.—Credit balances 96; certificates opened and closed with offers to sell cash nil at 95%. No sales. Treasury Statement WASHINGTON. Aug. 9.—Today's state ment of the condition of the treasury shows: Available cash balance, $260.069,111;'g01d re servo, $190,255,698. Silver Bullion SAN FRANCISCO, Aug. 9.-Silver bars. 58%; Mexican dollars, 46046%: drafts, sight] 15; telegraph, 17% Spanish Securities MADHIAD. Aug. B.—Spanish fours closed at 63.30; gold, 51.00. SAN FRANCISCO MARKET Call Board Dealings and Prices of Produce SAN FRANCISCO. Aug. 9.—Wheat, in active; December. 1.23%, Barley—Not quoted. Corn—Large yellow, 1.07%©1.10, Bran—l6.so@lß.oo per ton. Flour—Family extras, 4.4004.60 per bbl.J bakers' extras. 4.131/1.25. Wheat—Shipping, 1.18%1|1.21% percental; milling, 1.3001.40. Barley—Feed, 1.17H01.2O; brewing, nom inal. \ Oats—Poor to fair. 1.1T%®1,22%; good to choice, 1.251/1.30: fancy feed. 1.32%; gray. 1.22%«1.25; milling, 1.22%@1,27%; surprise, 1.32%@1.36. Millstuffs—Middlings, 15.001t20.00 per ton; bran. 15.00®16.00. Hay—Wheat. 14.00(7117.50; wheat and oat. I4.001il7.00; alfalfa. 12.00® 18.00; barley, 18.00© 14.50. Dry Beans—Pink, 2.30512.40 per cental; small whilo. 2.00®2.15. Vegetables—Onions, 75085e per cental; green peas, 2.30rff3.00 per sack; tomUflVs, ItjUtyO per lb.; rhubarb, 50@"5c; squash, 50c. Fresh Fruits — Pears. Bartlett, 75c 1.00 per box; strawberries. 2.001(4.00 per rhest; gooseberries. I©l%c: cherries, black. 40'(i50c; white and red, 15030 c; nutmegs, cantaloupes, 2.50171.00 per crate. Eggs—Store, let/ 13c per dozen; fancy ranch. 22025, Butter—Fancy creamery, 22025 c per 1_6.; do. seconds, 21@23;c fancy dairy, 19%f/B)c; do. seconds, 18019 c, Poultry—Turkey gobblers, 131714 c per lb.; old roosters, 4.001 M.50 dozen; young roost ers, 5.001/ii.Ofl; small broilers, 2.001i2.0H; large broilers. 3.00ii.'1.5ii; fryers, 3.501/4.00; hens 3.3Utp5.00; old ducks, 8.00*3.25; geese, 73-0 1.00 pair; old pigeons, 1.23; young pigeons, 1.50. Citrus Fruits—Navel oranges. ; Mex ican limes, repack, 5.50'nii.00; common Cali fornia lemons, 1.5002.00; choice. 2.501/3.00. CHICAGO MARKET Prices and Prospects of the Trade ln Cereals CHICAGO, Aug. 9.—Wheat was for sale during the Hist hour In larger quantities than (he market would take without in ducement of further concessions In price. The required reduction was submitted to and Beven-eighths was what X amounted (o for the hour. The news that chiefly in fluenced (he cellars at Ihe start was ,-i de cline of from l%d 10 l%d at Liverpool and a slight drop in tin- Paris quotations. Other- Wise the early information was somewhat bullish. The greatest selling pressure calm from the northwest where speculators were doubtless very bearish'y affected by the magnificent prospi ct : for the spring wheat crop. The demand for cash offerings in the sample market was active Offer ings were insignificant in comparison with the demand and notwithstanding the de cline in futures, the prices paid for the spo( grain were fully as high as those realised yesterday. That showing, together with the strong competition among shippers Tor (he limited amount procurable for Imme diate shipment prevented future- from the demoralization they were occasionally threatened with by (he bearishnesß of (he crowd. The close was a quarter cent lower for September and one-eighth of a com for December, Large receipts, ideal weather for fhe growing crop and the weakness tn wheat had a bearish Influence in corn. Scalpers ant, commission houses generally sold. September lost one-quarter of a cen(. Oats were weak anil lower in sympathy with other grains. September declined one-eighth of a cent. The early brenl<-tn provisions was occasioned by general out side liquidation and selling on stop loss or ders by commission houses. Prices took a sodden Fpurt near the close on heavy buy ing hy packers. Pork nnd Ittrd declined two and a half cents each and ribs rose two and a half to five cents. Available Grain NEW YORK, Aug. 9.—Special cTible and telegraphic dispatches to Bradstreet's cov ering the principle points of accumulation Indicate the following changes In available supplies last Snturady as compared with the preceding Saturday: Wheat. United States and Canada, east of the Rockies, decrease, 539,00'> bushels: afloat for and In Europe, decrease, 2.400 00 bushels; world's supply, total decrease, 3, --259,000 bushels. Kansas City Live Stock KANSAS CITY, Aug. 9.—Cattle—Re ceipts, 6000; market steady to strong; na tlvestaers, 4.2,V'i5.35: cows and heifers, 1.3017 3 00' stockern and feeders, 2.7511/5.00; bulls. 2.6008.76, Sheep—Receipts, 4500; steady; lambs. 3.OO06.OO: muttons, 8,00®4,t8. Dried Fruit Prices NEW YORK, Aug. 9.—California dried fruits dull; evaporated apples, common, 60 8; prime wire tray, 8%<&8%; choice, 8(1,09; fancy. !)%. Prunes, lijtlc. Apricots Royal 8%®10; Moor Park, 10011 Peaches, unpeeled, 64iSc; peeled, 124(16. Local Quotations BUTTER—Extra local 32-ounce squares, 35c fancy creamery, northern, 32-ounce squares, oOc; dairy, 32-oz., 42%®450; dairy, 28-oz. squares, 40c; fancy tub, per lb., 22W23C. EGGS—2OI72Ic per dozen. CHEESE—Martin's New York Cheddars, per lb.. 13c; eastern full cream, per lb., 13c; California half cream, per lb., 10c; coast full cream, per lb.. ll%c; California Downey or Anchor, per lb., 13c: do. Young American, per lb., 14c; do. 3-lb. hand, per lb 16c: domestic Swiss, per lb., 20c. POULTRY—Per dozen: Hens, 3.6005.00; young roosters. t.OOi&tVOO; old roosters. 3.50 4 00' broilers. 2.00U2.50; fryers, 2.75@3.75; ducka, 8.0008.50; turkeys, alive, per pound, tOfillc; geese, apiece. 75e©1.00. POTATOES—Burbanks, 90c@1.00. VEGETABLES—Beets, per 100 lbs., 80c; cabbage, per 100 lbs.. 60076 c; carrots, per 100 lbs., 85c; chiles, dry, string, 1.1001.25: Mex oan, per lb.. 50c; green, per lb., 6®7c; gar lic, s@6c; onions, 70075 c; do. green, perdos., doz., 20c; green peas, B©4e; turnips, 83c; parsnips, 750850! cucumbers, 710800 box. GREEN FRUlTS—Bananas, bunch, 11.60 < 2.25; strawberries, com., 666 c; fancy, 9© , 12c; blackberries, 4©oc; loquats, 4©6 c; rles, white, 45©60; do. black, 461J60; apricots, 1 per box, 60c; raspberries, per box, 81210 c; ©7c; gooseberries, per lb., B®4c: currants, . box, 60@65c; Logan berries, per dox, 4@6c; 1 4<"nOc; figs, per box, DOSJ6Oc; peaches, per ' box, 70#76c. t RAISINS —Fancy clusters, 20-lb. boxes, 2.00; 4-crown L.L. clusters, 1.76; 3-crown 1 L.L., per box, 1.35; 2-crown. loose, ln sacks, per lb., 4c; 3-crown, loose ln sacks, per lb., . i>yi r a6¥ic; 4-crown. per lb., s>4@6c; peas, 2.75(33.00; black-eyed beans, 3.00; gar- 1 per shell, 12©13 c; hard shell, 7®Bc: pecans, l 7c; roasted, B©BHc: California, raw, 4@sc; , 12.6OSS1I.O0; loose, 12.00. 1 LARD—Rex pure leaf, tierces, 8c; spe- I clal kettle rendered lard, B%c. , CITRUS FRUITS—Fancy navels. 2.251} . 2.10 per box; fancy seedlings, 1.75@2.00. Cured fancy, tSOtJlOO; choice, 1.25; green | lemons, 1.00; grape fruit, per box. 3.001i1.00. DRESSED MEATS—AII per lb.: Beef, ' No. 1, 6%c; No. 2, Cl4c; hind quarters. No. 1, I 9c; hind quarters. No. 2, 7c; rtbs of beef, 10c; veal, 71<7%c; mutton, fi4c; lamb, 6c; pork tolns, S%c; legs of pork. B'4c; pork ' spare ribs, 6c: pork tenderloins, lac. LIVESTOCK-Per lb.: Beeves, 3©4% c; , hogs, 4%c; lambs, per head, 1.601.12.00: sheep, per cwt„ 1.604J8.60: calves, per lb., 3c. 1 CURED MEATS—Rex hams. 10y 4 c; pic nic hams, 5V,c; No. 2. B%c; select mild curf, 11c; fancy breakfast bacon, UVtc; dri?d beef, 14% c: smoked tongues, 50c; dry salt clear bellies, 16-20 ay., Slfcc; dry salt clears, 35-40 ay., 7 r <tio; salt clear backs, 7%c. TALLOW—Per lb., 2M.fißM,c. , WOOL—Nominal. HONEY AND BEESWAX—Honey In wax, 201125 c per pound. BEANS AND DRIED PEAS—Pink, 3.2317) 3.50; Lima, 3.251(3.50; Lady Washington,2.4o '((2.50; small white. 2.501/2.60; green field pels. 2.76&3.00; black-eyed beans, 3.00; gar vancos, 4.00&4.50; lentils. Imported, 7.00© 8.00; lentils, California, 3.50r04.00. DRIED FRUITS—Apples, sun dried, sacks, per lb., 5%4f<0; evaporaled fancy, i>i(Bc; apricots, fancy, 8c; choice, 6©Sc; peaches, fancy, unpeeled, s@7e; pears, fan cy evaporated, 81fl0c; plums, pitted, choice, 91jl0o; prunes, choice, boxed, 6(0/9::; sacked, liiOc; dates, VfaliSc; silver prunes, choice, sack, 7ViUBc; boxes, 9®loc; figs, California white, per lb., 61>>7c; California black, per lb., 51fi%c; California fancy, per lb., 71s© 10c: imported Smyrna, 12V41(15c. NUTS—Walnuts, Los Angeles, 4@50; pa per shells, 121113 c; hard shell, 7@8o; pecans, 6©l2c; lliberts, 12®12%c; Brazils, ll©12c; pfnons, 10©llc; peanuts, eastern, raw, 6%1j 7c; roasted, California, raw, 4©sc; roasted, 6Vi©7c. MILLSTUFFS—FIour, local mills, 5.20 per bhl.; Slockton brands, 5.23: Oregon, 6.00; eastern, ti.U02j6.73; 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; graham, per 100 lbs.. 2.70. HAY—Wheat, Per ton. 18.00(522.00; bnrley, 17.001(18.00; oat, 17.00H 20.00; alfalfa, baled, 12.50613.00: loose, 12.00. GRAlN—Wheat, No. 1, 1.05; No. 2, 1.60; corn, small yellow. 1.23; large yellow, 1.05; barley, common. 1.35. HIDES—Dry (as they run), 14c; do. kip, IV.be; do. calf. 15c; bulls, 7c; salt steers, iViOSHe; do. stags and bulls, 3V4©4c; cows, 6Vi©7c; sheepskins, 5116 c. WEATHER AND CROPS Conditions Prevailing Throughout Southern California IX3S ANOI3I.ES. Chi.. Aug. B.—Clear, warm weather continued In Hie interior districts, though the temeprature ranged considerably lower than the previous week. In the coast sections the days were moder ately warm and the nights comparatively cold and cloudy with considerable fog. Fruit ripened fast, except where fogs oc curred, which retarded ripening hut which lienellted vegetation generally by prevent ing rapid evaporation of the surface moist ure. The scant supply ol' water is appre ciable in some citrus orchards which are showing the result of insufficient Irrigation; the inck or water Is causing considerable damage to the truck gardens and small fruit farms In the vicinity of Ms Angeles. Peach drying nnd canning are in operation. The crop varies; some sections report a small crop of small-sized fruit, while others state that the crop Is large and of tine qual ity, particularly where water was plentiful. Qrapea are ripening, the fruit doing well ln some places, In others a smaller crop than expected will be gathered, due to the dry weather. San Luis Obispo County San Luis Obispo City—The apple and peach crops will be large; grapes are look ing well; beans need water. Ventura County West Sntlcoy—The weather was quite warm, though tempered by fogs, were benencial to trees and vegetation gen erally, fruit drying Is almost ended In this section. Los Angeles County Los Angeles City—Clear, moderately warm days and cloudy or foggy nights pre vailed last week; the precipitation from dew or fog was quite heavy and beneficial; Irrigating water Is scant, truck gardens and small fruits are showing the effect" of In sufficient irrigation. La Canada—Cool weather with fogs dur ing the early morning greatly benefited fruit by causing rapid growth and retard ing too fast ripening; the grape crop will be smaller than expected on account of the dry weather. Verdugo—Poster peaches are ripe, but they are generally smaller than the aver age; later varieties promise to ripen sooner than the usual time and they will also be small; a few citrus, orchards are beginning m show the result of Insufficient Irrigating; the water supply remains unchanged. Fairmont—The past week was cooler than the previous week; llgs are ripe; grapes are beginning to ripen. Vernon Seasonable weather prevailed; lack "f water is doing much damage; fr»,it is ripening last. Arlesia—The past week was slightly cool er with high fogs every morning; grapes are small; alfalfa and pasture ore short. Riverside County Klslnore—The prune crop is showing up finely; all of the dried apricots In thin valley were shipped last week. Moreno—Th9 prune crop is larger than expected; many orchards ore well fruited and where Irrigated, the fruit is of unusual size, San Diego County San Dlogo City—The weather during The past week was normal in every respect, Ex cept being deficient in rainfall to the. ex tent of one hundredth of an Inch daily; fruit continues to hold its own; the supply and demand being nicely adjusted; lemons are being shipped tn large quantities. San Marco?—Threshing is about finished in this vicinity. Ramona— The Poway ranchers claim that grapes are at a standstill In growth, and Ihe bunches are only partly filled. Otay—Over four hundred acres of Otay mesa land has been plowed for grain and ranchers are confident nf a large crop the coming season. Escondldo—The weather has been excel lent for fruit drying; peaches are being dried and canned; tomatoes are being sent tn ihe cannery; hny baling and threshing are almost ended. Santee—El Cajon—The past week was pleasant with very little hot Weather; It was a tine week for fruit drying; early peaches are mostly dried: late Crawford and Muir peaches are ripening fast; prunes are ripening fast, the crop Is a good one; everything considered, the fruit crop Is ex cellent this season; a fair supply or water Is being furnished by pumping from the Snn Diego river. GEORGE E. FRANKLIN, Local Forecast Official Weather Bureau. HIS IMPRESSION OF CERVERA A Cartoonist Who Thinks He Looks Like a Prosperous Scotchman ANNAPOLIS.— Today, when I landed here, Annapolis wns ln a flame of glory. Flame Is Ihe right word for It, for It was 90 In the shade at » oelork ln the morning. The little streets were clattering and rat illng with the noise of wagons, whose wheels needi'd sonklng, and loose-shoed horses. One of the first strange things thnt struck me was the absolute proof that vehicles last longer than men. When George Washington resigned his commis sion as comrminder-ln-chlef of the Amer ican forces ln the court house at this place, some colonial hacks and cobs were built to transport the popular warrior to and fro, anel the same coaches ore in dally use to day, never hovlnlg had a coat of paint and not more than once a drop of grease on their wheels since. The pavements are worn to rtt these old hacks, and they Jingle along as smoothly as a reaper over a summer fallow. But with all this about Annapolis, It has one great feature, namely, the railroad leading out of town. After gasping around tha cool corners of the swelled hotel la the city, it proprietors shouted to me: "Here comes Cervera!"—the very man whom I had come to see. I landed in the street and at once recog nized his excellency, Admiral Cervera, the only man in Spain Americans would care to see. Cervera is fully six feet tall and is stout. A white beard covers scantily the lower portion of his face, and he wears a benevo lent smile. He stands erect, with his neck bunched out oevr his collar at the back. He curried a cune, wore a Bmall derby hat and a blue serge suit, of which the (sack coat fitted lightly. He hud on a mild striped lay-down collar, with a black bow. Hs looked like a big prosperous Scotchman, and one could scarcely believe thut he comes from the same country that Weyler halls from. The gruvo admiral's 1 face is one suggesting more goodness thnn most any face you will see. He has very large ears, and his eyes, with their soft, truthful expression, would lead you lo believe that there Is really little of the ok! Spanish blood ln bis veins. But with all that good and steady smile there Is an expression ot bravery. In a glance you can easily see that he didn't lose any sleep the night be fore he made his bold dash for liberty from the harbor a( Santlugo. and It Is too bad (hat such a man Is wasted In company with Spanish gunners. The reul Spanish officers that are with him, with one or two exceptions, are small looking men, with scrawny, Frenchy beards. They are very particular about their dress, and look weak and tired, as It from lugging the Jewelry they carry on their dainty hands. Some of the stones in the rings they wear resemble bicycle lamps, but these same little, wiry Spunish ofTlcer> you can see at a glance have been well raised and tire men of education and stand ing ln their own country. While Cervera and other ofllcers wore on the street 1 was fortunate enough to be near two farm ers and a darkey boy, who spoke trt loud tones thus to his neighbor: "Col. Gnnnln, we ain't done got clolhes good enough to be Spanish prisoners."— Homer Davenport In the New York Even ing .lonrnet. TOLD BY THE OLD CIRCUS MAN A Little Trick f the Clown's That Pleased the People "Some of the feats and tricks of one sort and another performed In shows that look so wonderful," said the old circus man, "are really us simple as rolling off a log, If you only know how they are done. We used to have a clown at one time who was also a very good acrobat, and he was humorous in his antics a? well as In his speech, and everybody liked him. He always wore a black mustache with the ends neatly waxed and corkscrewed, and one of the funniest things he did depended for Its success on these waxed ends of his mustache. "After an unusually Intricate piece of foolery that culled for a good deal of exer tion, he would pause, panting, ln the ring, and turn to the ringmuster. " 'Well, I'd give a dollar and a quarter,' he would say to the ringmaster, 'for a bot tle of soda water.' " 'Why, you shall have a bottle for noth ing,' the ringmaster says, and he sends a groom for a bottle of soda water, who comes back In a minute with a bottle and a glass on a tray. " 'But Where's the corkscrew?' the clown asks, picking up tho bottle and holding It up clear of the tray and looking all around for It. 'There's no corkscrew.' " 'What's the matter with your mustache for a corkscrew?" says the ringmaster, the whole audience looking on perfectly still. And before you could think the clown would swing the bottle up with the cork against the point of one end of his mustuche—he'd practiced so that he never missed It —and drive it on to the point, and then in almost tho same motion—there was never any halt in the action from the beginning to f>ho end of the whole thing—he'd begin turning the bottle on to his mustache until the pelnt was burled In the cork, and then he'd give the bottle a yank and pull It free and carry it to his lips and drink, leaving the cork Impaled on the end of his mustache. He'd drink half of the soda water, toss the bottio at the ringmaster, have the cork off his mustache in a Jiffy. and toss that at the groom standing there waiting for the tray, and then turn a cartwheel while the whole audience doubled up with laughter. Why. It used to tickle 'em half to death. "And it was all done ln the simplest, eas iest way in the world. The two waxed ends were really two corkscrew tips projecting out beyond his mustache and Joining under It In a good stout holder firmly held hetween tha teeth."—New York Sun. Ancient Chinese Coinage Chinese coinage in the shape of a knife has been traced back as far as 2210 B. C. LINES OF TRAVEL H— LOS ANGELES -{f : TERMINAL £ H RAILWAY CO- F TIME CARD IN EFFECT JULY 28. From Lob Angeles to Depart Arrive (llendala, t $?:55em 40:10 tm Tropica nnd J $11:30 em 5i2:33 pm Vcrdngo Park \ (5:43 pm fS:SS pm I '19:05 urn ||io:2oiim Pasadena. < (7:15 am (8 :25 am liarvanza and I (12:45 pm U :52 pm Ostrich farm I (5:20 pm (5:33 pm Pasadena, Altadena and ) (B:soam tio:23am Mount Loire ) (3:45 pm (5:31 pm {6:lsam 57:43 am San Pedro. (8:85 am (8:47 am Lone Beach, 1110:85 am (ii:l3am Alamltosaod ft :66 pm t5:12 pm Terminal Island $1:50 pm $7:38 pm . (5:40 pm l|8:10 pm < (B:Bsam Ul :15 pm Catalina Island X Jl :53 pm U :12 pm ( {4:30 pm ||10:30 pm tDalty, (Except Sunday. ||«und»y only. {Saturday only. Bojrle Heights. Downey avenue and Daly street oar lines pass Tormlnai stations. City ticket omoo, 230 South .Spring street. Pacific Coast Steamship Co. t- The company's elegant steamers SANTA ROSA and POMONA leave RE i DONDO at 11 a. m. and KMafwl PORT LOS ANGELES at J ASaMvi 2:30 p. m. for San Fran- Cisco via Santa Barbara und Port Harford Aug. 3, 7, 11. 15, 19, 23, 27, 31, Sept. 4, 8, 12, 16, 20, 24, 28, Oct. I, and •very fourth day thereafter. Leave PORT LOS ANGELES at 6 a. m. and REDONDO at 10 a. m. for San Diego Aug. 1, o, 9, 13, 17, 21, 25 29 Sept. 2, 8, 10, 14, 18. 22. 26, 30, Oct, 4, and (very fourth day thereafter. Cars connect via Redondo leave Santa l c depot at 9:55 a. m., or from Redondo Ry. depot at 9:30 a. m. Cars connect via Port Los An geles leave 8. P. R. R. depot at 1:35 p. m. for steamers north bound. The steamers COOS BAY and HOMER leave SAN PEDRO and EAST SAN PE DRO for San Francisco via Ventura, Car plnterla, Santa Barbara, Gavlota, Port Harford, Cayucos, San Simeon, Monterey and Santa Cruz at 6:30 p. m. Aug. 4, 8, 12, 111 20 24, 28, Sept. 1. 5. 9.13,17, 21, 25, 29, Oct. 3 and every fourth day thereafter. Cars connect with steamers via San Pedro leave S P. R- " (Arcade depot) at 6:03 p. m. and Terminal Hy. depot at 6:40 p. m. For further Information obtain folder. The company reserves right to change, without Krevlous notice, steamers, sailing dates and ours of sailing. W. PARRIS Agt.. 124 W. Second St., Los Angels* GOOD ALL, PERKINS ft CO., _ Ota. Agu..a V. p[2 If you would have your advertising jS 6? announcements and arguments ssj 5 § burned S j memory v §r§ of thousands of bright, intelligent, p6? money-spending people, buy space £ 5 $0? in the advertising pages of p**i 1| The Los Angeles Herald 11 §H Those who make lists of the mis- v £ spelled words scattered through JS? jSKL the advertising must learn the . 2J§ p|s advertisements by heart. They can't help it. If you don't believe this, try to find the misspelled gg SIS words yourself, and note the result. |S M A Prize Every Week || OLDEST AND LARGEST HAN X IN SOUTHERN CALIFORNIA pASMERS AND MERCHANTS' EA KE OF LOS ANGELES. CAL. Capital paid up $500,000.00 Surpluß and reserve $925,000.00 I. W. HELLMAN. President; H. W. HELLMAN. Vlce-Pres.: H. J. FLEISH MAN, Cashier; Q. HEILMAN, Assistant Csshier. Dlrectors-H. W. PERRY, O. W. CHILDS. J. 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 ORNIA At Log Angeles. Capital and Pro fits, $270,000.00 OFFICERS DIRECTORS S. C. HUBBELL President S. C. HUBBELL, T. E. NEWLIN, O. Bj, O. H. CHURCHILL, First Vice President CHURCHILL, J. M. C. MARBLE. O. X O. T JOHNSON....Second Vice-President JOHNSON. JOS. D. RADFORD. W. S. Dg A. HADLEY Cashier VAN, CHAS. MONROE, N. W. STOWELU JOS. D. RADFORD Assistant Cashier H. M. LUTZ. FRED O. JOHNSON, JOHHj R. I. ROGERS Assistant Cashier E. HADLEY. J |_ofl ANGELES NATIONAL BANK <J United States Depository t| CAPITAL 1500.000.00 SURPLUS J50,000.«0 Total $650,000.00 GEO H. BONE BRAKE President WARREN GILLELEN.... Vice-President F. C. HOWES Cashier E. W. COB Assistant Cgshlet DIRECTORS Geo. H. Bonebrake. Warren Glllelen, P. M. Green. E. P. Johnson, Wm. M. Vast Dyke, W. C. Brown. L. C. McKeeby, F. 0. Howes. This bank has no deposits of either the county or city treasurer, and therefore ns preferred creditors. ' Security savings bank Corner Main and Second Streets OFFICERS DIRECTORS H. W. Hellman, J. F. Sartori, W. I* Graves, J F. BARTORI President H. J. Fleishman, C. A. Shaw, F. O. John- MAURICE S. HELLMAN.VIce-President son, J. H. Shankland, J. A Graves. M U W. D. LONG YEAR Cashier Fleming, M. 6. Hellman. W. D. Longyeae, Intereitt jmld on term nnd ordinary- dci»o*lts IXoner loaned on Orst-clnas real estate CIRST NATIONAL BANK OF LOS A NGELES Capital Stock $490,000 Surplus and undivided profits over 1250,001 J M ELLIOTT PresldentW. G. KERCKHOFF Vice-President FRANK A. GIBSON CashierW. T. S. HAMMOND Assistant CaahleS 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 depo sits received at this bank. MAIN STREET SAVINGS BANK Capital paid up $100,000 Junction of Main. Spring and Temple a treets, (Temple Block), Los Angeles, OFFICERS AND DIRECTORS—T. L. Duque, President; I. N. Van Nuya,. Vies- President; B. V. Duque, Cashier; H. W. Hellman, Kaspare Kohn, H W. O'Melveny, J. B. Lankershlm, O. T. Johnson, Abe Haa s, W. G. Kerckhoff. Money loaned on real estate. Interest p aid on term and ordinary deposits. eOTJTHERN CALIFORNIA GRAIN AND STOCK COMPANY 2121-2SouthßprlngStreet New York and Chicago Market* Direct Wires. Reference: Quickest Service National Bank ot California. Telephone Main 943. Los Angeles National Bank. MARGIN ACCOUNTS SOLICITED. COMMISSIONS FAITHFULLY EXECUTED Dally report mailed upon application. F. P. BURCH, Cashier. 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. QERM AN-AMERICAN SAVINGS BANK Paid Up Capital and Profits, $150,000. COR MAIN AND FIRST STS. Victor Ponet, President; L. W. Bllnn and C. N. 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. C. Patterson. Safe Deposit Boxes for Rent. r*t~~~ C. I Bookbinders and . • . UIaSS OC LOllg Blank Book Manufacturers 213-215 NEW HKjH ST. Los Angel** Cw>'*<± LOS ANGELES AND REDONDO RAlL way Company. Los Angeles depot: Cor. Grand aye. and Jefferson st. Leave Leave Los Angeles Redondo for for Redondo. Los Angeles 8:00 a. m., Bun. only 7:00 a. m., Sun. only 8:80 a. m. dally 8:00 a. m., dally 10:46 a. m.. Sun. only 8:30 a. m.. Sun. only 1:30 p. m. dally 11::00 a. m., dally 6:30 p. m. dally 4:16 p. m., dally 7.00 p. m.. Sun. only 6:46 p. m., Sun. only 11:80 p. m.. Sat only 6:80 p. m.. Sat. only Take Grand aye. electric cars or Mala st. and Agricultural park; cars. L. J. PERRY. Superintendent. A New Book, »48 Paces, invaluable to nvlida By the POO & WIN'", iiehu CO. 818 South Olive Street, Los *»«'*• t CIL Dr. Foo Yen. Diagnosis and examination free. MleWPress - Clipping Bureau jyi West Second Street ■ ■ " J Los Angeles, Cal. Furnish advance reports on all contract work, such as sewers, reservoirs. Irrigation and pumping plants and public buildings. Personal clippings from all papers ln As i United States. & Do You yV Swim? mfa Does Your Tj Boy Swim? ~W^WJ* ness to furnish — i Crjifo, lit ,„ V'>ur boy with — a cleanly place in which < to learn to swim We Keep a Man to Teach Them Natatorium Open Vffl&**£°** t Boys, 10 tickets ..$1.50 Ladies and Gentlemen, 10 tickets $200 243 South Broadway Adjoining City Hall. {. W. GILBERT, Pro* NEW YORK SPECIALISTS We ire pre-eminent In Diseases of Men Only 230 X S. Main St., Lo* Angela Baker Iron Works 860 to MO Buena Viit» •tr*S*. LOS ANGKLEB, ~ " C ALIFOMUU A Adjoining a P. OtvuAOA TtrlgV 11