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Los Angeles herald. [microfilm reel] (Los Angeles [Calif.]) 1900-1911, November 13, 1906, Image 10

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Persistent link: https://chroniclingamerica.loc.gov/lccn/sn85042462/1906-11-13/ed-1/seq-10/

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MONEY RATE UP
TO 20 PER CENT
HEAVY SELLINGORDERS FLOOD
THE MARKET
Financial Situation In Wall Street
Causes a Series of Appeals to
the Secretary of the
Treasury
SOLD FOR GAIN
■•> Heavy selling orders marked the ®
m opening of stock deals yesterday. <«>
<*. Great Northern preferred fell 2, •
<§> Canadian Pacific and Anaconda 1%. ■*-
Union Pacific 1%, Pennsylvania, >»
■•> Heading, Atchlson, Brooklyn Tran- <?>
*> nit. National Lead, st. Paul. Brie, -
<* Baltimore A Ohio, New York Cen- <*>
•$> trtil. Mexican Central, Amnlga- ••>
<$> mated Copper and Colorado Fuel <^
'*> large fractions. <?>
4 > Mexican Central advanced a •.«*
it> point and Kansas & Texas ■■« •$>
<^. Tennessee Coal dropped 6, lowa •>
<$> Central 1%. Colorado m Southern, ■•-
<J> Amalgamated Copper and Distill- •
<>■> ers 1 to IVi. <?>
■|> ; Money on call was quoted at 20 <•
Money On t:ill w.is quoted :il SO •
<J> per cent. . . „ <?>
•j» Reading and Great Northern fell <«<
•..;:;. Northern Pacific, Union Pacific 4
<*> and New York Central 2% and *
<«> others more. Central 2% Coal ■•
others more. Tennessee Coal <j*>
'•> dropped 7% and Anaconda 4%. ■•
<g> Losses were, not entirely made <^>
<$> up except in St. Paul, which rose a *
<$> large fraction over the price Sat- ■*■
•» urday. <§•
<i> ■ . . <*>
By Associated l'rcss.
NEW YORK, Nov. 12.— The money sit
nitlon had some effect on prices of stocks
today. The determined abstinence, from
operations on tho market, which was a
feature of last week, gave place to some
liquidation. As the demand continued as
torpid as last week, the selling was af
fected only at concessions which were
substantial In stocks where previous
speculation had been active.
Tho compelling influence (in the selling
was tho calling of lonns necessitated by
the deficit hi the legal reserves of the
banks shown by the Saturday bank
statement. No source of replenishment
of cash is available yet and a reduction
of deposits by scaling down of outstand
ing credits is the alternative. Holders
of securities thus called upon for repay
ment seemed reluctant ti> part with their
holdings and their efforts to secure fresh
accommodations ran the money rate up
to 20 per cent early In the day.
The local banks were said to be oirt nf
the money market entirely and funds
were available only from the trust com
pajiles and out of town lenders. The
large excess ovor the estimates of the
loss of cash by the banks disclosed by the
Viank statement, may be due to the with
drawal of ciish by the trust companies.
These institutions are under legal require
ment to maintain four per cent of their
deposits In actual cash In their vaults.
as they have not been in previous years.
It Is believed that the hank loan con
traction of over 135,000,000 of the last
throe weeks has been taken over largely
by the trust companies. This would ne
cessitate an increase of reserves in their
cash In the proportion of four per cent
Instead of in tho proportion of 25 per
cent, as In the case of the clearing house
institutions. The stringency in the money
Situation was aggravated by the maturity
Of an installment of about half the sub
scriptions at par to $25,000,000 of St. Paul
slock which therefore called for provision
of about $12,000,(100.
Operators in stocks were somewhat dis
turbed by the explicit assertion ot the
secretary of the treasury that he would
take no measure of relief for thu money
market In present conditions. The repe
tition of the announcement today was
thr.t, after confident assertions were in
circulation In Wall street, that early
steps would be taken to replenish the
money market in spite of the disclaimers
of tho treasury authorities.
Opinion is not united in financial cir
cles as to the feasibility of treasury
measures to give effective relief at the
present time. It is recognized as out of
ihe question to bring about easy condi
tions in Wall street except by carrying
foreign markets with this to a low Inter
eat basis. And marked relaxation in rates
here will lead certainly to an out go of
gold to assist the struggle of the London
money market to adjust itself to the
luavy coming requirement of the year
en.l settlements.
The stock market settlement began in
London today and carry-over rates were
again stin". a rate of 9 per cent being
reported at one time. The rates for ster
ling exchange had declined nevertheless
under the influence of the stringent
money market and free offering of cotton
bills.
Discounts hardened in London and
Berlin, but the Bank of England secured
a large consignment of South African
Bold newly arrived In London.
The decline In prices of stocks gave
some additional point to discussion of the
adjustment of the labor question which
is going on either by voluntary advances
by many corporations or by demands
from labor organisations. Not much ap
prehension was expressed of stocks In
spite of the Drogress ot a ballot reported
among the Erlo firemen on the question
of going oirt.
The reports o( the prosecution in pre
paration against the Standard Oil com
pany of an intended investigation of the
Harriman railroad combinations by the
le commerce commission and of
inmoifil recommendations in the forth
coming message of the president wwre
items in the day's discussion and had
Mome influence in the depression.
Tho considerable parl played by short
selling buyers was Indicated by the re
covery in the latter part of the day due
to covering of short contracts.
The closing was linn at the recovery.
Hon. is were easy.
Total iales, par value. $2,188,000,
United States bonds were unchanged on
call,
New York Stocks
By Associpted Press.
1 NEW YORK, Nov. 12. 1 — following
were the official quotations on tha
block exchange today: „■ .
High. Low. Close.
...... Adams Xx .... 250
7 5,600 Amal Cop HO 1081 109»i
• 2.100 Am C & Fdy.. 42% 42 '-"■:
3 00 do pfd 101 101 100%
S OO Am Cot Oil. .. . ■.'.:,' 34 % 34 ' .
do pfd 93%
Am Xx 140
. mAm H& I. |ir,l 24% 24 24%
5 00 Am Ice 89% V' : Mi
...... Am Lin 0i1..... 17*4
; do pfil 37
1 ,300 Am Luromo.. 7I 7 » 71 '•■ 7! :: ' t
do pfd 11l
1 8,50 1 Am Bmi I & R. 153% 152* 153U
1 00 do pfd .117', 117', 117
1.I I. 100 Am Bua Ref. . 183 131% 132%
. b 300 Am Tob p c. . ■99 ' ■■ 80 ', 09
1,200 Ana Mln C0.,.2«7H 264% 26UV4
t {0,900 Atchlson !i r 7 , 97% 97%
6 00. do pfd 101% I'll '•_• 101%
' 1.000 Atlantic C L..134 134 133
■ 8,200 B & 0 I 17 ■» 116% 116%
. ; do pfd.. 90
3 1,800 Brook R T.... 77 '» 75% 76%
1 ,000 Can Pac .. . 173 172% 17:) 1 ,
. "...... Cent of N J 218
1 ,700 Chen & Ohio.. 52H 51% 52
3 .600 Chi O W .. . 17 ', 17 17
1 nil. l Chi & N W...200 200 200
4 6,700 C M & Si 1...1 7194 16914 171%
...... Chi Term & T. 9%
; .; do pfd 20
6 00 CCC &Ht L... 92 Vi 91 Vi 92 Vi
1 ; 100 Col P & 1 51 49V4 ■"
5005 00 Col & South . 37 U 36% 36%
. „ do l»t pfd 68Vi
4 00 do 2d pfd 56 55 Vi 56
•'1,100 ron 4 Oas;..-.18« 1:17 137V4
i 200 Corn Pro 19V4 i'"- i:"*
2 00 do pfd 75% 75 75
9 00 pel & 11nd....214Vi 213V4 214
.'.,..... '.,.... Del 1. & W 635
Pen & R U 38V4
...... do pfd S3 -
. .900 nistlll Sec ti'.i'.H 68V4 68V4
21.900 Eric 42Vi 41% 42%
2,iao do l»t pfd.. 7.iV4 75U 75 Vi
70 a' -ilo 2d-pfd.. 66% 6«V4 66
. 800 Cieu Kle.t 171%171V4 172V4
.'.,.:;. .'.,.:; .Uock . Va1. ....'. 123
4 00 111 Central.... 173 172V4 173 U
2 00 Inter Paper... 174 17»i 17V»
4 00 1.. pfd . . 81% Rl'i 81
Inter rump 43
do pfd "i"*
S OO lowa Cent.... t* 27 B«
.1... 1.. t)fd RO
X C South 27
3 00 do pfd . BSV4 RB', f>7
. 300 1, * N 141 1 ins 1 i"'
9.4009 .400 M-« Cent 28% 22% 23%
2 00 Minn ft flt L.. 6«% 66% 66
MStPftSltStM 14«
too do pfd i«:. V 4 185% 185
4 ,800 Mo Pae 92% 1)1% 92%
6 .200 M X ft T 80% 34 % 85*4
2 00 do pfd Kit", 68% 68%
8 ,300 Nat Lead 74% 74 74%
1 ,000 N RR of M pd. " '. 68 53
1 000 N V Cent I^7', ltd 126%
1 ,700 N V Ont AW. 45 . 44% 44
7 00 Norfolk .>. W. n% »> 93
1 09 do pfil 80% 90% SO
7 00 North Am.... S8V 4 87% X 7%
8008 00 J'n. Mall . 8«% ISU 35
6 7,100 Pennsylvania 137% 136% 137%
6 00 People's Gas.. -88% 88% 88T4
P CO * St I. SO
1 ,800 Press 8 Car... 62% 60% r.0%
1 00 do pfd 97% 97% 96%
1 ,200 Pullman P C.2«0 259 280
2 5,600 Rending ' 144% 141% 142%
do Ist pfd 90
do 2d pfd 92
1 ,100 Repuh Steel... 38 84% 84%
8 00 .If. pfd 97% .97 97
7.40.)7 .40.) R I CO 28% 27% 28%
7 00 do pM «6 65 66 Vi
2 00 StL &SF 2 p<l . 46% .46% 48%
2 00 St I, S «' 24 23 24
do pfd 57
.12.(100. 12.(100 South PftC... 90% 90%' 90%
2 00 do pfd 119 119 119%
6 ,800 South Ry 32% 31% 32
3 00 do pfd 95 94% 94%
6 00 Term C ft 1... 155 153% 154
1.4001 .400 Tex & Pac... 38 35% 36%
2002 00 Pol St L& W 34% 34%6 84%
2 00 do pM 54% 54% 53%
1 4.700 Union Pac. .. .180% 179V 4 180 I,*1 ,*
1 00 do pfd 92Vi 92V4 92
V 8 Ex 115
1 00 TTT T S Realty 83 '83 7!)
1001 00 V S Rubber.. 48% IS', 48 '.
1001 00 do pfd 106 106 105%
8 2,700 V 8 Steel 46% 45% 45%
8 ,700 do pfd 104 10 1 104%
2 0) Va Car Chem.. !i6Vi 36 30
2 00 do pfd 111 111 108
9009 00 Wabash 19 1874 18%
3003 00 do pfd 41 41% 41%
Wells F Ex 280
2002 00 West Elect.... 155 155 188
4004 00 West Union... 88*4 85 ' iB5
Wheel fit L, E 16%
Wls Cent 25
2 00 do pfd ro'/ 4 r-o% 50
434 3 800 Nor Pac 219% 217 218%
1001 00 Cent Lea 35% 35% 35%
do ptd I'H
7007 00 Sloss Sheff ... 72 71 71%
7.0007 .000 Gt Nor pfd . .320 ;'.ir,'' 2 31
1.1001 .100 Inter Met 36% 35% 36
1.4001 .400 do pfd 77 75"« i 76%
Total sales for the day 956. shares.
New York Bonds
By Associated Press.
NEW YORK, Nov. 12.— The following
were closing prices for Donds today:
I S ref 2s reg..lO4Va Jap Us 2d ser.. 96%
V 8 ref 2s cou.-liH^fc Jap 4&s cer... 91%
US 3s rag 103 Jp 4% cer 2d sr. 90
IT S 3s cou 103 L & -\ T I 'nl -Is. .li.l'.j
U S old »s reg..lt« .Man .11 nl<J 4.«.1b1l
IT S old 4s c0u. .102 Mcx Cen -15... M
IT S new 4s reg..l3o'/i Mcx Cen Ist in. 24Vi
U 8 new 4s cou.. 130V4 M X & T 45... !«'
Amn TobHC 45.. 78 M X & T 2ds.. *•'.'«
Am Tobac 6s. ...109%, NRR Mx en 4a. M
Atch gen 4s 100-\ N V C gn 3%5. 94M
Atl Cst Ln 45.. 97% N J C gen 55..128H
B & O 4s 101% Nor Pac 45.. . .103'^
B & O 3V4s 94 Nor Pac 3s 7. r >U
Brkn R T cv 4s. M Nfk & W on 4s. 90U
l>n of Ua 55... 11 l O S L rfg 45.. !i6 : !i
Cen of Ga 2d ln. 75 Pen cv 3^s !is%
Cen of Oa 3d in. 73 Read gen 45... M%
C.es & O 4H5..104% StL&IM en 58..114
Chi & A 3V45.... 78 StL&SF fg 4b. 53%
C B & Q new 4s. !t9>6 StL S W en 4s. 80
CRI&PRR 45.... 77 Sbd Air Ln 4s. S^
CRI&PRR cl ss. «0% S P Ist 4s cer.. 96
CC&StL gn 45. 102% Sou Ry 5s llliVf.
Col Ind 5s sr A. 55 Tex & Pac lst.llflis
Col Mid 4s 74 T StL & W 4s. XO%
Col & Sou 4s 92 Union Pac 45...10J'(i
Cuba 6s 103 V* U S Steel 2d 6s. 97V-
Den & R G 45.. 98% Wab lsts 112%
Dist Secu 55.... 87 Wab Db B 79V»
Krle pr ln 45... 100 Wst Md 45.... S3V>
Erie gen 4s 90^4 W & L E 45... 56%
Hock Val 4%5...107 Wls Cen 45.... 90
Japan Us 95% Jap 4s ctfs 52%
Boston Stocks and Bonds
By Assoclat.a Pr~ss.
BOSTON. Nov. 12.— The following were
tiie oftlclul closing quotations touay (or
Blocks and bonds"
Atchison 4s 100»« Centennial 28 3 i
Mcx Cen 4s 79 C»p Range ... 80%
Atchison 31% Daly West 19%
Atch pfd '..101% Franklin 21
Bost & Alb ....240 Gran by 12%
Bost & Maine... l6l Isle Royale ... 22\i
Bost Elev 154 Mass Mining .. 8
Mcx Cen 23Va Michigan 1~%
NY NH & H....192V. Mohawk 66
Union Pac 180'/. Mon C & C 1%
Am Ag Ch pfd.. 91% Old Dam 58
Am Pnif Tube... 13%. Osceola 124%
Am Sugar 132 Quincy 100
An Sug pfd ....129 Shannon 15%
Am Woolen .... 29 Trinity 10%
Am Wool pfd ...101% Uni Copper 70%
Edi Elec 11m. ...233 TJ S Oil 9%
Mass Elec 18% Utah 62
Mass Elec pfd.. 69 Victoria 6%
United Fruit ....lefc Winona 8
Unl Sho Mch... 70 Wolverine 156
Unl Sh Mh pfd.. 109 North Butte ...110
U S Steel 45% Butte Coali ... 35%
Adventure 5% Nevada 10%
Allouez 36 Cal & Ariz ...154
Amalgm 109% Tecumseh 14/™
Atlantic l:; Green Cons ... 25
Blngham 2S 3 4
Financial Record
By Associated Press.
NEW YORK Nov. 12.— Money on call
5I&1U per cent; ruling rate, 12 per cent;
closing bid, 5 per cent; offered at 8 per
cent. Time loans very strong; 60 days,
S per cent; 90 days, 7 to 7% per cent; six
months, 6% per cent.
Prime mercantile paper. 6<fi6% per cent.
Sterling exchange steady at a decline,
with actual business In bankers' bills at
$4.55.70r(f4.85.75 for demand and at $4.80.25
.. X 84 tor sixty day bills.
Posted rates, [email protected]^.
Commercial bills. $4.80.
Bar silver. 71% c.
Mexican dollars, 56c.
Government bonds, steady; railroad
bonds, easy.
Treasury Statement
By Associated press.
WASHINGTON, Nov. 12.— Today's
statement of the treasury balances In
Hi. general fund: Available cash bal
.in. es. J2LT.. 01)7, 010; gold coin und bul
lion. J117, 161,816; tfolu certificates, $48,
27,710.
The Metal Market
By Associated Press.
NEW YORK. Nov. 12.— The London
tin market was higher with spot quoted
at f 195 and futures at £196 IBs. Locally
the market was quiet with spot quoted
at $42 70 bid and $12.8.". asked.
Copper was higher In London, with
spot quoted at £99 2s (id and futures at
1 nil is. Locally the market was un
changed with lake quilted at $17.r,0'.i
2.50; electrolytic, 121.50918.00, and
cuatlngs at $21.25(Tf21.75.
Lead was unchanged at $5.75 5i' 5.95 in
the local market and at £19 10s In Lon
don.
Spelter was unchanged at £23 10s In
London, but In the local market It was
higher at $8.80©6.40.
lron wan lower in the English mar
„i., ,i. 1 with standard foundry quoted at 564
in and Cleveland warrant! at 56a lOVad.
Locally the market was firm.
San Francisco Mining Stocks
By Associated Press.
BAM FRANCISCO, Nov. 12.— The offi
ftciaJ closing quotations for mining stocks
today were as follows;
Alia 7 Mexican 145
Alpha Con US Occid Con .... 7(i
Andes 28 Ophlr ..355
Belcher 45 overman 18
Best & Belcher.. l6s Potoal 28
Bullion IB Savage 130
i 'hal Con 31 Scorpion ... ..13
Chollar 3ii Bag Belcher ... 13
Confidence 130 Sierra Nev ....155
Con Cal & Va..145 Silver Hill .... 75
Con Imperial ... 'i I'nlon C0n'....1U5
Crown Point .... 30 Yellow Jacket. .lso
Kxchequer . . 65 Sliver Bars ... 71%
Gould & Gurrie. 43 Mcx dollars .. „|l .
Julia 14 Drafts, sight .. 7U
Justice 10 Drafts, tel .... 10
Kentuck Con ... 10
Pacific Coast Hops
3 v Acsoclnted l*r»s«.
l I4VERPOOU Nov. 12,— Hops at Loi
don, Pacific coitHt linn, £4 Hjk sd.
Everything you want you will And In
the claulAed pas*. On* cent a word.
LOS ANGELES HERALD: TUESDAY MORNING. NOVEMBER 13. 1906.
FIVE CENTS DROP
IN LOCAL BUTTER
RESULT OF PUSHING EASTERN
STOCK IN MARKET
Big Dealers Assert That Ranch Eggs
Are Too High at 45 Cents — Ore.
gon Cheese in the
Market
The continued heavy receipts of local
creamery and valley butter, and the dis
position of the Jobbers to force the east
ern storage goods on the market, has
resulted In marking down the Jobbing
price of the local stock five ntn for a
two pound roll. Fancy local creamery can
now be had for 70 cents, valley creamery
for 67V4 cents, const creamery at 62H<Sit>5c,
choice at 67Vt<iJW)c. It Is expected that
these new quotations will stand for sev
eral reel at least. The receipts of but
ter posted yesterday for Saturday and
Sunday were 18,314 pounds.
Many of the large handlers of eggs con
tend that the present quotations are high
nnd prevent the active sale of the pro
ducts of the chicken ranches. But other
dealers assert that with the large number
of tourists in the city and the early ap
proach of cooler weather the demand will
lk brisk and the market will become
firmer. What will happen when the rains
come is what Is worrying some of the big
dealers who have large supplies of stor
age eggs. The rains will result In 11 much
greater production of local ranch eggs
that are preferred to the eastern stock,
and easterns will go to the bad as salable
goods.
Potatoes are moving more freely in the
general market at firm prices, 1 and beans
and onions are also in active demand.
No. 1 lima beans have advanced to $5
per 100 pounds.
Oregon cheese was offered at the call
session of the exchange at 15 cents a
pound. The cheese is said to be of fine
Quality.
There was a fair supply of fish in the
market for the local trade. No attempt
made to fill orders from the outside.
Poultry dealers have an extra supply of
turkeys, game and oysters for the
Thanksgiving demand.
Produce Receipts
Kggs. cases 143
Butter, pounds 1R.314
Cheese, pounds 4,288
Potatoes, sacks 1,440
Onions, sacks none
Beans, sacks 33
Sweet potatoes, sacks 55
Produce Prices
The following are the jobbing prices
in the local market:
EGGS— California ranch, 4oc;
northern, 40c; eastern fresh, 38c; stor
age, selected, 2Sc. - •
BUTTER— Fancy local creamery, 70c;
Valley creamery, ii7'/j4«7Oc; coast cream
ery, 62%@66c; choice, 67V4@60c; cooking,
2c; La France, 70c.
HONEY— Water white, 60-lb. cans, 7®
7V4c;7 7V4c; light amber, «S6V4c; Honeycomb,
water white, 1-lb. frame, 16c; white,- 14c;
light amber, 12@13c; beeswax, 27c
CHEESE — 15® 16c; Anchor,
large, 17c: Young America. 18c; Hand.
19 c:1 19c: eastern, singles, 16V4@17c; twins, 16®
1614 c;1 614c; Cheddars, lti@l6^c; Longhorns, ITSi
17V4c;1 17V4c; Daisy, 17®17Vic; Swiss, imported, 28
&29c;& 29c; Swiss, domestic, 20c; Limburger,
18 c.1 18c. * - ' ' '' :
C HlLl—E vaporated, 20^; sun dried, 20c;
ground, 12V4c; Mexicans, black. 18c; green,
6c. • '
POTATOES (per 100 lbs.)— Burbank, lo
cal, new. [email protected]; Salinas, [email protected];
Highland Burbanks, $1.75; Oregons,
$1.65; sweet potatoes, $1.7518)2.00; Wat
sonvilles. $1.85 ©1.90.
BEANS (all per 100 lbs.)— Pink No. 1.
$2.75©3.00; No. 2, $1.90; Lima, No. 1, $5.00;
Lady Washington, No. 1, [email protected]; small
white. $3.60®3.75; blackeye, [email protected]; Gar
vanzas, [email protected]; German lentils, $9.00
1 210.00.
ONIONS (per 100 lbs.) — Yellow Dan
ver local, [email protected]; northern, $1.25;
garlic. 6c; Australian browns, $1.25
1 .50.
APPLES Alexanders, $1.00; Belle
fleurs, [email protected]; choice. 75c; Missouri
Jonathans, $2.00; Colorado Jonathans.
$2.1 5 ©2. 25.
C RANBERRIES—S I 2 a barrel.
POULTRY— Jobbers sell dressed poultry
to the trade as follows (per pound):
Hens, 20c; young roosters, 19c; fryers,
21 c; old roosters, 13c; broilers, 22c; tur
keys, 23@25c; old, 24c; geese, 15c; ducks,
16 c.
For stocks In good condition dealers
pay live weight as follows: Hens, 14c:
young roosters 14c; fryers. 15c; broil
ers, 22c; old roosters, 8c; turkeys, local,
17 c;1 17c; old toms, 17c; young toms, 19c; hen
turkeys, 17c; geese, 9c; ducks, lie; squabs,
2'/4c. .-,..- . .
BAKERS' FLOUR— Made of eastern
hard wheat— Per bbl.. $6.25; blended
wheat. $4.90; eastern rye. $5.25.
C EREAI. GOODS— Wholesale prices are
as follows:
, 10-lb. 25-lb. 60-lb.
AI flour, per 100 $2.70
Banquet flour, per 100.... 2.60
Pastry flour, per 100 2.50
Graham flour 2.40 2.85 2.80
Corn meal, W & W 2.16 2.10 2.05
Whole wher.t 2.50 2.45 2.40
Rye 2.76 2.70 2.85
Cracked wheat 8.40 3.35 3.30
Farina 3.40 3.35 3.30
GRAIN AND FEED (per 100 lbs.) —
Wheat, $1.60; 1 heat (100-ib. sack). $1.66;
corn, $1.85; cracked corn, $1.40; feed meal,
$1.45; - bran, heavy, $1.30; rolled barley,
$1.20; oil cake meal, $2.25; cotton seed
meal, $I.SG; cocoanut cake, $1.66; shorts.
poun. . '.45; white oats, $1.90; red oats,
$1-60; eastern Kaffir corn, $1.35.
H AY—( AII per ton):
Choice wheat and hay.. to $20.00 ton
No. 1 wheat or wheat
and oat :7.00 to 18.00 ton
No. 2 wheat or wheat
and oat 13.00 to IC.OO ton
Choice tame oat 15.00 to 17.00 ton
Other tame oat 9.00 to 14.00 ton
Wild oat 9.00 to 13.00 ton
Stock hay 800 to 9.00 ton
Alfalfa 8.00 to 12.00 bale
Straw. 55 to .70 ton
FRUITS AND BERRIES-Bananas.
4 &4V4c; strawberries, 20c.
CITRUS — Lemons, fancy,
$3.50 6.00.
NUTS AND DRIED FRUITS (all per
Almonds, IXL., 19©20 c; Ne Plus Ultra,
17 c; peanuts , California fancy, 6c;
eaforn. fancy, Oc; walnuts, California
bleached. No. 1, 14@15c; pecans, Jum
bo, 14c; extra large. 14Hc; Brazils, 14c;
filberts. 14c; Mexican pine nuts, 20c;
evaporated apples, per lb., 12(£(/12ric;
apricots. 15i&)16c; nectarines, lie;
peaches, 12Vic; pears. 13c; plums, lie,
raisins, 7Q>7V4c; seedless muscats, 7c;
loose muscats, 7<fr<7V4c.
DATES— Persian dates, 6Vi@6V4c; Fard3.
sc.
" VEGETABLES— String beans, 2^@3c;
wax beans, 2V4413c; beets, 60c sack; fancy
celery. 30©35e doz.; evaporated chills. 20
<u!)Uc II).; garlic, 7c lb. ; lettuce, $1.00 crate;
peas, 5V4c lb. ; spinach, 15c doz.; turnips
50 c sack; cabbage, 51.1501.6Q sack; local
tomatoes, 2QjjfßoC box; cucumbers, 25c box;
green corn. $1,;>5 sack.
Retail Prices
Following prices tor leading articles of
consumption prevail at ih« Los Angelas
lores:
Butter, 2-lb roll, fancy 8& t
Uutte.r, 2',4-lb. roll. Poppy.,., sue
and cooking 56 a
Eggs, fresh ranch, per dozen 60c
Puiutoea. fancy, IW> lbs jjjjjj
Armour ,v Co. report forthcoming
changes in prices, effective at once:
Star or Gold Band hams ,'. ißvic
I h-liiu-i hams "i7a7n
Skinned hams ILit.f.
Picnic hams ""llVie
Boiled haniH "■'■AKiu
Hulled bout-lean and tied hums... '"~>V.
llelmi 1 brrtikfust bacun, 8-10 hv.. " " IKVic
Helmet break bacon, 6-8 ay. "luvlo
Stiir bucon r'sloj
White Label bacon ! 19V40
Star lard .He
Shield lard r*i,,,.
Compound «*;<•
Vegetole 2c2 c
Mission lard !"llV4o
Pacific Coast Trade
SAN KHANriSrHJ. km 12. Beans — -
Pink, ft »-iii I 16; lima, jH.2:,'a A/>:r.
•mall white, iJ.'ji)(ii'.S.o:r. large white,
|]j.0008.40.
Potato«n Oregon Burbankn, %l.:',ii<<j/
$1.40*41 !>n;
81 10
Onions— Fancy, «."e; common, 5 Or,
Various— Oreen peas, 6 s* 9c; strlnff
benns, S(B«c; pith plant, 75r.i8i51.28;
Rreen peppers fiopflnc: tomatoes 23«
7 r. . ; garlic, 2<!J>3c; cucumbers, 9 1 .00
1.28.
Flour- Fnmlly extrns, M.fiSiBS.IO;
bakers .extras, $4.30*14.60; urn and
Washington, »3.78fD4.25.
Wh«at — Shipping, $1.22% « 1.27%;
milling, 11.27% 37%.
Barley— Feed, $1.00 (<t 1.07%; brewing,
$1.07%01.12%; rhevrtller, $1.10@>1.25.
Oats— Red. $1.17% #1.42%; white,
$i.as<s*i.4S: blnck |i.finrrf2.in.
Mlllsttifff— Middlings. 128.00 29.00;
mixed feed. $23.00*124.00; rolled barley,
$23.50(8»24.80; aotmeal, $4.60«)4.71i; oat
greats, 14.75; rolled oat* [email protected].
Hay Wl'fftt, $17.00»2OOO; wheat
and oat, Sl3.onrfftfi.oo; oat, wild, *n.oma
I S.00; oat, tamp, $9.00 #14.00; alfalfa,
$8.00 012.00; straw, 6S«>7Oc.
Receipts — Flour, 9445; wheat, 302;
barley, 8327: oats, 775; beans, 10,686;
potatoes, 611B; onions, SAO; brnn. 280;
middlings, 2619; hay 1015; straw, 17;
hides, 685; wine, 8400.
Butter, Eggs and Cheese
rty Anfinelntr-d M**M,
SAN FRANCISCO, Nov. 12.— nutter —
Fancy creamery, '".■: fancy dairy, 28c.
Cheese — 16% c; Younsr Amer
los 15% c: western, Isc,
— R.neh, 60% c; store, 30<JM«c;
eastern 20©2Kc.
CHICAGO, Nov. 12.— 0n the produce
exohange today the butter market was
st"adv: creameries, 18»J5%c; dairies,
1 8%(82Pc. Kkkk, strong at mark, cases
lncluded, 22«j)24c: firsts, 25c; prime
firsts. 28c; extras, 30c. Cheese, steady,
12%fl)13'Ac. •:
ELGIN, 111.. Nov. 12.— Butter firm nnd
unchanged from last week at 20c, Total
output for the week was 655,600 pounds.
FINANCIAL
LOS ANGELES, Nov. IJ.— Bank clear
ings were $2,168,662.17, an Increase of $208,
252.032 52.03 over the corresponding date last
year. Following is a comparative state
mCnt: 1906 1906 1504 [
Nov. 12... 52,108,062.17 $1,900,409.24 $1,260,805.53
LOS ANGELES BTOCK EXCHANGE
Official sales— Ten Broadway Bank and
Trust Co., $155; 18.033 Associated OH, 49"»<ff
51 c; 1000 at 51c (B 30): 1000 Ollnda Land
Co., lie; 1000 Mexican Petroleum, $1.00%.
Bank Stocks
Bid. Asked.
American National Bank ....116V4 US
Broadway Bank & Trust C 0..160. .160
Bank of Los Angeles 122
California Savings Bank 120
Central 240
Citizens National 231
Commercial Savings 132 176
Dollar Savings Bank .' 140
Farmers & Merchants Nat 1...370 400
Federal Bank 12 - 1«
First National Stamped 429
German American 321 327
Home Snv Bank of L. A 139
L . A. Trust Co 125
Manhattan Savings Bank 125
Merchants National 445
Merchants Trust Co 95 105
5 0 per cent paid up.
Natl Bank of California
National Bank of Com 127 ...
Security Savings Bank 250 ... ,
State Bank & Trust Co 98.50 98.25
Southern Trirst Co 136
U . S. National Bank 153 :'.....'
Bonds
Associated Oil 88 95
Cal. Pacific Ry 99 101
Corona Power & Water Co.. .. 93V4
Cucamonga Water Co 100
Edison BTleotrio Ist ref 101 Vi
Edison Eftec Co. old 155ue.... 103
Home Telephone Ist ret 80 86
L . A. Pac. Con. Mfg 109
L . A. Traction Co 109
L . A. Electric 95
L . A. Railway Co 116
Mission Trans & R Co 92%
Mt. Lowe Railway Co ;. 86 99
Pacific Light & Power C 0... 98 99
Paclflo Electric Railway C 0.. .107
Pasadena H T & T Co 91
Pomona Con. Water Co ...
Riverside H T & T Co 78
Santa Monica H T & T Co.. .. 80
San Diego H T & T Co 81% 86
Santa- Barbara Elec Ry...... 95 ' 96%
Seaside Water Co .i
Temescal Water Co 85
United Elec. Q. Ie P. Co 100%
U . S. Long Distance 80 90
Union Transportation C 0.... 95 S8
Vlsalia Water Co
Whittier ' 85
Oil Stocks
'"■' : * . : Bid. Asked.
Amalgamated Oil ... 1.00
Associated Oil 60V4 .50%
Central 1.03 1.07
Columbia 3914 .45
Continental 20 ... '
Fullerton Con 85
Fullerton Oil 68%
Globe 08% .11
Home Whittier 90 1.40
Mexican Petroleum 1.05 ' ...
Olinda Land & Oil Co 11% '.12
Plru Oil & Land Co 08%
Reed Crude 16%
Rice Ranch Oil Co 1.48
Union 201.00 205.00
Union Provident Co 196.00 203.00
United Petroleum 385.00
Western Union 295.00 330.00
' Miscellaneous Stocks
Bid. Askeci.
Cal Portland Cem Co 63.00
Cal Hospital 90.00
Edison Electric com 60.25
Emergency Hospital 85.00
Home Telephone pfd 60.50
Home Telephone com 22.00
Los Angeles Brewing Co ... 150.00
L A Jockey Club RO.OO 145.
Pac Mutual Life Ins C 0...197.00. ..197. 00
Pasadena H T & T C 0...;. 35.50 40.00
Santa Monica H T & T.... 15.00 18.00
San Diego H T & T 35.50
Sun Drug Co , 95.00 . .
Seaside Water Co 75.00
Title G & Trust Co. 180.00
Title Ins & Trust pfd 140.00
Title Ins & Trust com 140.00
1 7 S L D T & T Co pfd.... 45. 54.00
Union Trust & Title C 0.... ... : 62.00
Whittier H T & T Co
DAILY MINING CALL
Official sales— Booo Nevada Searchlight at
7%<g*%c; 2000 Johnnie Con. at 20@21c; 1000
at 22c (B 22); 1000 at 23V&C (B 60); 7000 Cal.
Hills M. Co. at o'n'nlic; 1000 at lie (B 30);
2 000 Butte & Greenwater at 60@51c.
CALIFORNIA.
Greenwater District.
Bid. Asked.
Clark Cop Co .' 5014
Butte & Gwt Co.: .'.'.SO ,51
Furnace Creek Cop Co 85 . .
Furnace Creek Ex Cop Co 1.00
Kempland Cop Co 50
CALIFORNIA..
Cai. Hills M Co 05 .OfiU
Ricoro Gold Mines Co 12
NEVADA.
(Tonopah district.)
Belmont 6.45 6.75
(Johnnie District, Nye county.)
Johnnie Con a M Co .20 .22
(Manhattan district.)
Bull Dog .vi Co a
(Searchlight district.)
Cyrus Noble 12
Eldorado Can M& M C 0... .Fiji '.it
New Bra QgQ ,m
Nevada Searchlight 07% 08
Quartette 18.00
Searchlight M & M Co 1.01
Searchlight Parallel 08 .'ua%
ARIZONA. '■■
Hecla Con Mines Co 4.25
Chicago Live Stock
nv AHHoclated rress.
CHICAGO. Nov. 13.-Cattlo-RecelpU
3 0,000; market luc lower. Beeves, 14.001*
7 .25; cows and heifers. $1.60^6.05; stockerg
and feeder*. $2.4(Xi»4.50; Tuxuim, tlK,,,i ;.,
westerners, $3.!t04()4.60; calves, $6.00ia7.50
Hops— Kcceiptu 38,000; 10c lower. Mixed
i.l. I butchers $5.90&<i.40; good heavy, 16 25
f »ti.4s; rough heavy. *5.80©0.00; light, 15.85
(ai.3V,i; 'pigs, $5.WK56.10; bulk of sales,
Sheep— Receipts 28,000; market steady to
in. lower. Sheep, $3.75(65.60; lambs, $4.75
Hj*7.«o.
World's Record Sale
By Assocluted Pros.
ADELAIDE. South Australia, N»v. 12.
Twenty .six thousand bales of wool
were void at auction here tuduy, con-
HtllutliiK a world's record of Bui In a
vlngle day. - The competition was keen.
CHICAGO GRAIN MARKET
Increane in Visible Supply of Wheat
Affects Prices — Active Trad,
ing In Provisions
My Associated Press,
CHICAGO Nov. 12. — During th early
trading- In th* wheat pit the- tone wan
moderately firm bp. «n«<» of a fair ■!•■
ntand by commission houses. This gell
ing was largely the result of flrrr,
entilps nnd continued .= m :. 1 1 receipts In
the northwest. Later, however, the.
market gradually cam d off. Local
holder* were free sellers of the Decem
ber delivery nmi commission houses
•old th.- May option Much of Mils sell
ing was based upon reports or the
northwest declaring that thlo yenr'o
crop of spring wheat will prove very
lnrfre. Selling by commission houses
that have northwestern connections
seem to confirm this Impression. An
lncrease of 776,000 bushels in the visi
ble supply had some bearish Influence,
although the Increase for the corres
ponding time last year nmounted to
,826,000, 826,000 bushels. The market closed
easy. December opened "»<■ higher nt
7 3c, sold off to 72»(,c and closed off '-■
to Vie at 72%1ii)72%c.
The government report which showed
a firm reserve, on November 1 of 119,000
bushels of corn was chiefly responsible
for the moderate weakness that prevail
ed today In the corn pit. December
closed 'ie lower nt 42c.
The oats ninrket was weak tor the
greater part of the day. December
closing %c lower nt .:i',..
Trading In provisions wen active Btio
the tone of the market was weak. He
celptn of live hogs were 5000 more than
hnd been expected and this led to con
siderable selling by local longs who
bought Saturday on the expectation "i
light receipts.
There was also moderate selling 01
January lard by a local packer, The
demand came chiefly from shorts. At
the close January pork «:ih off 7V4<ii'
in, nt $14.05; lard was down 7%©10 c
nt $8.37 V4. and ribs were -le lower at
$7.55.
Market Ranges
Wheat— December, 72%(ii)"2%c; May,
7 % c
Corn— December 42c; May, 43V* (<>>
( 8 lie; July. 4:t-V-.
O ats December, 34V4c; May, 3!>Uc;
July, 33 l ,ic.
Cash quotations were as follows:
Flour — Steady.
Wheat— No. 2 spring, 77 '«!%<•; No.
3, 72M7tc: No. 2 red. 71 "■* <ci 72%.'.
— No. 2, 44@44V4c; No. 2 yellow.
4 6 ',4 c.
O ats No. 2 36% c; No. 2 white, 36c;
No. 3 white, 3 2% ©35 ' A
ne No. 2, l)0ft!61c.
Malting— Fair to choice, 47fi>51c.
Flaxsecd— No. 1, $1.11; No. 1 north
western, $1.20.
Prime timothy — 14.16Q4.26.
Clover — Contract grades, $13.25.
Ribc—Shorte — Short sides (loose), [email protected].
Pork — Mess per bbl., $16.00.
Lard — Per 100 lbs., $9.25.
Sides — Short clear (boxed). $8.37%
8 .50.
Whisky— Basis of high wines, $1.29.
Receipts. Shipments.
Flour, bbls 31,000 23.300
Wheat, bu 75,000 50,500
Corn bu 400,800 423,500
Oats," bu 2«8.000 335,200
Rye bu 6,000 3,000
Bariey, bu !)5,60<) ' 10,000
Cereals of the World
By Associated Press.
NEW YORK, Not. 12.— Wheat sp»t
firm. Options weak; May. 83 9-16e;
December, 81 Vie
LIVERPOOL Nov. 12.— Close: Wheat,
December, Us 3%d; March, 6s 6V4d; May,
(is 4?ad.
■ SAN FRANCISCO, Nov. 12.— Wheat,
steady; December, $1.24-%; May, $1.30%
bid: cash, $1.27%.
Barley, firm: December, $1.12; May,
$1.15; cash. $1.07%.
Corn, quiet; large yellow, $1,350? 1.40.
PORTLAND, Ore., Nov. Wheat-
Club, 63®64c; blue stem, 66@67c; red, 60®
6 1 c; Valley, 66c. •«
TACOMA, Nov. Wheat unchanged;
blue stem, 68c; club, 66c; red, 64c.
GENERAL FRUIT MARKET
By Associated Press.
SAN FRANCISCO. Nov. 12.— Fruits —
Fancy apples, $1.25; common, i!so.
Berries — Strawberries, [email protected];
huckleberries, $6.00® 80.00; raspberries,
[email protected]; cranberries, $3.00 @ 13.00.
Grapes — Isabella. [email protected]; snuseal,
$1.00.
Oranges — $3. 00 (7T 4. 50.
Mexican limes, [email protected].
Lemons — Common California, $3.00;
fancy, $5.00.
Tropical fruits — Bananas, $1.00 @ 4.00;
pineapples, $4.00iW5.00; Smyrna figs,
[email protected]. '
Dried Fruit Prices
By Associated Press.
NEW YORK. Nov. 12.— Evaporated
apples are unchanged. Receipts are
running a little heavier but demand is
sufficient to absorb offerings and the
market is steady in tone. High choice
are quoted at B@B%c; choice, 7@7%c;
prime. 6>4©6%c.
Prunes are reported in active demand
on the coast with prices for forward
shipment advancing. The spot situa
tion Is firm and unchanged with Cali
fornia grades ranging from 3c to 9c;
Oregon prunes on spot are quoted at
9%@10c for 40s to 20s.
Apricots are nominally unchanged
with choice quoted at 16c; extra choice,
17c, and fancy, 17® 20c.
Peaches are in light supply and
prices hold steady with old crop choice
quoted at lie; extra choice. 12<??>12%c,
and fancy to extra fancy, 12@12^ic.
Raisins are steady with loose musca
tels quoted r.t 7 1 A@8V4c; seeded ralcins,
H%ft9%c, and London layers, $1.65&)
1.75.
Sugar and Coffee
By Associated Press.
1 NEW YORK, Nov. 12.— Sugar— Raw,
quiet; fair refining, 3 15-16 c; centrifu
gal 96 test, 3 11-lfifjj :; IS-lCc; molasses
sugrar, 3 l-16c. Refined, steady; crush
id, 5. 50 c; powdered, 4.90 c; granulated,
4.80 c.
Coffee, steady; No. 7 Rio. 7%e.
Coffee futures closed steady net un
changed to 5 points higher. Sales. 28,
r.OO bags, including-: December at $fi.l.', ;
March, $6.40«i6.4">; May, [email protected];
July, $6 70; September, $6.5»0.
Credit Balances
By Associated Press.
OIL CITY, Pa.. Nov 12. — Credit bal
ances, $1.58.
Aeroplane Works Perfectly
By Associated Press.
PARIS, Nov. 12. — 11. Snntos-Dumont
made another series of exhibitions with
his perfected aeroplane in the Bolh
de Boulogne today. At one time he
sailed along at a height of fifteen feet
and at thirty miles an hour, when fear
that his steerlns; propeller would strike
the cheering people forced him to de
scend. The right wing of his machine
was slightly damaged.
Captain Needs Sailors
By Associated Press.
SAN DIEGO, Cal, Nov. 12.— Captain
Kvaiiß of Hie bark (ilenerlcht, Which
has been wailing a week for a ore\»
to take her north, left for San Pedro
to secure Bailors. All tin- nun thai
brought that vc.shcl here from Rotter
dam, with the, exception of two lioys,
deserted since she reached this coast,
and a second crew that was hired took
uvanc : money and disappeared.
Child Shoots Baby
By Aaaoolatad Praia.
L.ODI, Cal., Nov. 12.— Last nlylil liinil
OullaKher, a«ed 6 yearn, while playing
with a loaded shotgun, tired the charge
Into i he arm of his 2-yeur-ohl brother.
The hoy's arm uas torn to uhredH and
v iii bavt to be amputated. Tha older
brother did not know the gun uas
loaded.
Two Commit Suicide
OWOSSO, Mich., Nov. 12.— Bert Seeley,
who wuh under suspicion In connection
with the murder of Edwin Cur win, in
West' Haven township, last Wednes
day, was found dead In bed. today, and
lying beside him wan his young, wife,
also dead. It is thought they commit*
ted tfuklde.
SAVINGS HANKS
4 per cent paid on term and 3 per cent on ordinary savings
deposits. Loans on real estate. Open Saturday evenings.
German American Savings Bank Ca Jiji2 l / *"''SurpiiiB (
tt r> r> f 90UU.UUU.OO.
23 South Spring St. Total Assets,
Branch— Main and First Sts. $10,000,000.00.
Southern California Savings Bank j V i I G B^ c , rr y cc > k v < ii c ff e 1 £ rr r £
S . E. Cor. Fourth and Spring, \V. D. Wool wine. V. Pres
Union Trust Building. - Clias. TT. Toll. Cashier. "
Security Savings Bank Ca J )^ l^ ( !v? urplus '
Sp7UU,UUU.UU.
N . E. Cor. Fourth Spring, Total Assets,
Herman VV. Hellman Bldg. SI.>.(XtO,(XX)QO, *
Clearing House Banks
NAIWM ' Ol I II t ll«
/Commercial National Bank c"n a 'V- 'Jhier'"'
v> at Soii'.h Snrlng. Capital, Baro.oQo;*Surpius 'and Profits. «4.np<i
parmers & Merchants National Bank •„- l ! 1,-,, l v 1 f. A ,V.\ N c!, > i^,
■*■ Ccr. Fourth and Main Capital, $1.600,000; Surplus and profits'. 51.600.0Q*.
First National Bank i-,% 's Vi'a'mVi 'vf 'i
•^ 8. IS. Cor. Second and Spring clpl'tilVock*' %7aSQ .OOof" BurSlus. 8280,000
Undivided Pro fits. $1.187.747.01.
Merchants. National Bank " '% hkllman, pre»,
■"■*• N. B. Cor. r.-ennrt and Main. Capital S -m rl'"" i^, A r^,, ' a a a nd' e pront,. l»w
T D roadway Bank & Trust Company warrkn gillelen. pfiii
D 808-310 [iclwyY Bradbury Hide Oipllnl.^oilKlO; aiiVplns-Und '"proflts. tisn.ndi)
American National Bank .£ ggjsZ%*&.lFg-
a . vv. Cor. Second & Broadway Caritnl,'n..nnnnnn; Siirpliis nVni Pmnti «— ■mo
Rational Bank •of California fc^b^f^,"^!"^*,^ ~~ '
*■* N. IS. Cor. Second and Spring .Tnpltal. tSOO.OQQ. ■urplus-Und Proflts tionow
Otate Bank & Trust Company »• f. zombro, «^hin-. ~
>J N. W. Cor Second and Spring CHpltal. iyW.O(IP; aurplu. "and Fronts, ymtf*
initizens' National Bank «• f %™*
>^_ B. W. Cor 3rd and Main Capital, Moo QUO; Sii'rpiim'anii Prrnts. Wt.V»
central Bank , w' L c:'mißGiN U cL r n!ir
* N. 1:. Oor Fourth .^ nrnndwnv '-apltal. '$100,000. Surplus and'Pnflts, $100.001.
The National Bank of Commerce „ M -,«»--. .„„
IN LOS ANGELES , cSa^LE^^^l
N . W. Cor. Flxth and Spring. Capital. t2(16.0n0; Surplus. t?dim
TTnited States National Bank £ Yv. H sMiTH A ca hTe e ? =
*■* 8. B. Cor. Main & Commercial. Capital. 't20O.OnO: ''irnhis^rni Profits. Uifi.nrn
jf***- " Oldest Savins* llnnk In Sou thorn Cnllfornln.
m WI Provide for the Future
'R^flf S ** " Sm By saving a fair portion of your present earn- :
Baii'i S"'"lS| ings In a term deposit with this bank that earns
BO'tJJ 1 per cent interest compounded twice a year.
OFFICERS AMI DHtHCTORsTI
mCHAS. H. Cashier i J. F. A. H. BRALY.
Vice Pres.; W. . D. WOOL-WINE. Vice Pres.:
CHAS. H. TOLL, Cashier;- J. F. SARTORI M. S
HELLMAN. W. D. LONG YEAR; J. H. GRIFFIN. ■
Secy, and Asst. Cashier; C. W. WILSON, Assist-
ant Cashier.
Assets 98,000,000. . ■
Southern California Savings Bank
' ■ '-' Union Trust 111.1k.. S. B. Cor. 4th anil Spring. . . :'■".; . ,
ft% m Jmj& |Of^E»j| Stocks may be purchased now In tho most extensive mer-
■ ■ |k J9ln mB cantile syndicate ever organized on the coast. Safe, sure
E&IP j/L^jfflJSq and profitable. Write today.
tt3lf¥?f3ra Pacific Syndicate Stores Company
K «]|f*llf n^i 40S-0-10 l.nnkrrsliliii building, Loa Vn^plrs, Cnl.
tki«<UiLinL»-Bj-3>i»B To secure stock, make deposit for account of Paclflo
■aPW^Y^^nSS Syndicate Stores Co. with Wells-Fargo, Nevada Nation-
■ ■ 1 I*\V TaV9 aI hank, San Francisco; National Bank of Commerce. Los
■k. If? A 1 jal Angeles. Cal.; First National bank. Riverside, Cal.; First
MUJ^J^^^HiJLjnUB - National bank. Redlands, Cal.: San Bernardino National
— Mi— Ml hank: Mprchants' Nattnnril brink. Sin nipgo. Cal.
TENANTS MOVING
OFF CORNER LOT
PLANS FOR BIG BLOCK AT
MAIN AND SIXTH
Eight Story Fireproof Hotel to Cost
$350,000 Projected for Corner
of Hill and Second
Streets
Follwlng are the permits issued from
the building superintendent's office
Monday and classified according to
wards: : ■
Wards — Permit!. Value.
First 1 $1,500
Third L • 1,673
Fourth 1 1,500
Fifth 5 6,287
Sixtlj 5 11.300
Seventh 1 16,600
Eighth 1 150
Totals lit 311,010
Ready for Action
The tenants of the old buildings on
the southwest corner of Main and Sixth
streets, who were notified some weeks
ago to vacate by November 15, are now
making preparations to move out. It
is planned to erect a fire-proof business
and office building on that comer. The
lmprovement has been frequently men
tioned in the newspapers during the
past year. Notice to tenants is taken
to mean business. It is ' stated • that
the old structures are to be removed
at once so that the 'work of making
excavation may be commenced. '
Sale on Valencia Street
W . L,. Elder has Bold for Catherine
and Waits Clarke to H. M. Clayton a
two-story eight-room residence at 1330
Valencia street, near West Pico street.
Mr. Clayton bought for a home and for
lnvestment.I Investment. The lot Is 50x140 feet.
Purchase price $5500. : '
New Eight-Story Hotel
The. proposed Hill street tunnel and
mmi,m mini, big improvements planned for
Hill street have served to boom value*
along that thoroughfare north of Third
street. •
Now a $850,000 hotel of modern style
lsI Is to adorn the northwest corner of Hill
and Second streets, the structure; to he
an elght-stqry tire -proof building of
350,0003 50,000 rooms. «The ' lot is 120x165 feet,
the Look* apartment house building,
Standing nearly on the crest of the hill
on the north side of the frontage.; The
syndicate making ii"- purchase have an
option on the, adjoining lot L 60x165 feot,
the residence of former Judge A. M.
Stephens. • . The :■ Hill street corner ■ sold
.for 1160,000 or at $1200 a front foot. '
From Chicago to New York
By Electric Airline Railroad,
10 hours $10. $100 stock for $27.
Southwestern Securities Co.
Fiscal Agents, 305 "West First St.
150% IN 90 DAYS
Send for the November number of MIN-
ING REVIEW, just out, devotcti ex-
clusively to Nevada nnd Goldfleld min-
ing: investments, and particularly men-
tioning stocks which will advance at
least l") 0 per cent within the next 90
days. ii.-,- for the unking. 1x11:1:
TRTST SECURITY CO.. 9 Water Si.,
tioston. Muss.
Lf-JAL NOTICES
Notice nl' Auntiul Meeting
To the Stockholders of the Provident
Mutual Buildlngr-Loiin Association:
The annual meeting of the stockhold-
ers of the Provident Mutual Buildinif-
L,oati association will be held at the of-
fice of the association. 135 South Broad
way, Loa Angeles, Cal.. on Tuesday, the
LOth of November, 1906, at 7:30 o'clock
in the evening, for the purpose of elect-
ing- directors and, for the transaction oif
such other business as miiy properly
come before the meeting. By order of
L. W. BLINN. President.
J. M. HUNTER. Secretary.
1-6-20 15t
The purchasers ot the lot are well
known capitalists, Ihcluding O. S. A.
Sprague of Sprague, Warner & Co.,
Chicago, who in a director. 1 In the Pull
man company und in the Santa Fe
Railroad company; John H. Dwigh',
vice president of the state bank, Chi
cago, and a multimillionaire; Prunk
H. Bolt, president of the San Gabriel
Valley bunk, Pasadena; Charles H.
Frobt, owner of the Frost building, cor
ner Second street and BroadWay; J. D.
Thompson, heavily Interested in Pasa
dena properly; Elizabeth Q, Relgharfl,
millionaire**; Cajvln Stewart, builder
of Hotel Maryland, Pasadena, and
Bmett H. Lock wood, a heavy capltal-
Isi of Pasadena and active operator In
real eßtate. He is nald to have pu'.
through the whole deal.
Catch the Crowd
Owing to the suciesßful sale now in
progress ihc McCarthy Company will
continue to run free cars to Km new
Florence Avepue Heights tract over the
liedondn (iardena line to OOmer Of Vw
hi. .hi and Florence avenues, a 20-mln
ii.' iin from Baoond street. The*«
cars ha\.e attracted much attention and
the advance sale is reported as phe
nomenally large.
Miss Clayton Weds
HyAnsoolate.d Press.
WASHINGTON, NOV. 12. — Miss
Kathleen Clayton, daughter at Gen.
Powell Clayton, former ambassador' to
Mexico, was married to Arthur Graiit-
Duff, . BiHUh minister to Cuba, ' thl»
afternoon '" the Belgian- legation here,
the wife of the Melgiun mini»Ur being
the, bride's slater, Hey. E. CJ, Smith,'
rector' of St. Thomu Kpiscopal church,
officiated. The bride • was attended ■by
M lhh tJmce Thompaon of Si. Louis and
the bridegroom by. Hoyal C. Lindsay of
the • 1:1 iiiata embassy staff. ..." ' '

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