Los Angeles herald. [microfilm reel] (Los Angeles [Calif.]) 1900-1911, June 03, 1907, Image 11

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Los Angeles herald. [microfilm reel], June 03, 1907, Page 11, Image 11
About Los Angeles herald. [microfilm reel] (Los Angeles [Calif.]) 1900-1911

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Los Angeles herald. [microfilm reel] (Los Angeles [Calif.]), 03 June 1907. Chronicling America: Historic American Newspapers. Lib. of Congress. <https://chroniclingamerica.loc.gov/lccn/sn85042462/1907-06-03/ed-1/seq-11/>

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FINANCIAL-COMMERCIAL
BANK'S RELATION
TO CUSTOMERS
INFLUENCE OF OFFICIALS ON
LOCAL INSTITUTIONS
Extract from Recent Address of Stod.
dard Jess on "Some Hints on
Banking and Obligations
of the Banker"
In the course of his address at the Stat)
Bankers' association meeting, held re
cently at Santa Barbara, Studdard Jess,
vice president of the S*ir»t National bank
oi IjOS Angeies, eaid:
"The interests of the community, as
well as the necessities o£ the customers
of the bank, should be considered in tiio
use of tlio lunds of the bank, The banker
tnat uses the funds ot his batik in a con
servative manner in fostering tho devel
opment of home Industries, with a desite
to promote tho welfare of the community
as Well us in meeting Hie needs of his
customers by atturdmt; temporary accom
modations, and ever ready to discourage
wildcat schemes and lank speculation by
refusing to allow the use of the fund 3
intrusted to his care for such purposes,
lias a proper regum for the duties of hla
office and the responsibilities resting up
on him; but the banker who freely al
lows the use of the funds of ills bank to
carry on tne speculations or llinmce tin
pet schemes of !:!rr.se!£ or h!9 friends, has
a wrong estimate of tho requirements of
his position and is Inviting trouble that
sooner or later will be likely to overtake
him.
"Banks should be officered by men free
from entangling alliances; and to war
rant the Beiuction of a man as a bank
officer, one price demanded of him nhoul'l
be that he withdraw from all other acti
vities, thus removing many temptations
that might come to him to use the bank s
lunds in nls own personal interests and
in an improper manner. l)y becoming, In
a way, the financial agenis of the peo
ple, bankers assume Die responsibility of
attempting to regulate the use of money,
and should always feel called upon to
exert their inlluenco to tho utmost to
check wrong upeculatlvo tendencies and
an undue usu of money in any direction.
The true banker Is a pessimist when all
others are optimists, and immediately
changes to an optimist when others be
come pessimistic In their views, thus ful
filling the mission of a balanco wheel to
prevent any movement from going too
far In one direction."
S a M
Bank of Glendale directors recently
elected: F. W. Vesper, Perry W. Welci
ner, C. M. Walton, J. F. Alclntyre, L>.
W. Hirtit, James H. Wells and W. h.
Henderson. F. H. Vesper is cashier.
First National bank of Sierra Madia
lias received its charter and will begin
with capital stock of $i'B,ooo. Alfred
Cooper Is president, Charles 8. .Kerstlng
vico president, and H. Ivor cashier.
CHICAGO GRAIN MARkET
Wheat Prices Decline Two Cents,
Owing to Heavy Sales Due
to Warm Weather
By Associated Press. . , ■.; i.
CHICAGO, June I.— Wheat prices on the
local exchange declined nearly sic per
bushel today becausa of selling brougnt
out by. prospects of warmer weather for
the United States and Canada. At the
close the July delivery showed a net loss
olo l l»/ii&l%c. September Wan down Wl'nC.
July corn was off 14c. Oats were Vie
lower and provisions lw&l2Hp to 30c lower.
Weather conditions in America were
the dominating inlluence with wheat
traders today, the situation in Europe
being (temporarily relegated to the back
ground. Tne wen..ier bureau reported
general rains in Kansas, Nebraska, lowa,
Missouri and Illinois, with higher ter
n in Minnesota, the'Dakotas and
the Canadian northwest. A general bulle
tin issued from Washington also pre
dicted that beginning next week the coun
try in general would experience much
warmer weatner. These were the influ
ences that Inspired the selling move
ment. ' Although commission houses were
fairly active buyers early In the day, the
demand from that source was light, it
v.as claimed that fewer buying orders
were in the hands of the leading commis
sion houses tnan at any time since wheat
touched the magical "dollar" mark.
Throughout the day pit traders and small
holders hammered tne wheat and prices
steadily declined. The market closed
weak with prices only a trille above the
lowest point of the session.
July opened a snade to V«<S"?BC higher at
9<4<&!i9V4c, sold off to 97% c and closed nt
9 7% c. September opened a shade lower
to a shade higher .it $1.00%(T.1.00%. sold
r.t $1.01 and then declined to 99% c. Final
quotations were at D9%c.
The corn market was weakened to a
slight extent by the breeak In wheat
prices. Trading, however, was very
quiet. Country offerings over night were
reported as being more liberal, but they
were still considerably below the normal
for this seaso nof the year. Cash corn
was again In active demand by eastern
shippers and this tended to steady the
market for options. The close was easy.
July opened $0 %c higher at 54@54>ic,
sold off to 6b-Ac and closed nt 63% c.
Realizing sales by leading longs caused
weakness-Jn the oats market. The Im
proved ■v^Bther conditions and the slump
in wheat wore the main reasons for the
selling pressure. July displayed some
firmness early in the day but finally
yielded to the general beariohneKs. July
opened '.fi(ff%c higher at 49%@49%c, sola
eft to 48% c and closed nt 49c.
Provisions were affected by the weak
ness of grain and ruled weak tho entire
session. Local packers were the prin
cipal sellers, while the buying was- scat
tered. At the close July pork was down
SO cents to fit). 2o. I.arr) was oft MX&ISMo
at f9.17^. Ribs were i:!«{.n lower at $8.77H-
.Market Ranges i
Wheat-July 97% c; September, 99% c;
December, $1.00^4-
Corn— s:!V«c; September, 63% c; De
cember, HOi)i<tr.->o%c.
Oats— July. 49c; September, 89c; Decem
ber, 41%(4<:41 1
Cash quotations were as follows:. . .
Flour — Barely steady; winter patents,
$3.90@4.20; straights, $3.W3.95; spring pat
cents,eents, $4.75«?5.35: straights, $3.80@4.55;
bakers', $2.60@3.75.
Wheat-No. 2 spring, $1.00(8)1.04; No. 3,
9 5c(551.00V6; No. 2 red. 90@98c. Corn-No.
2, 54c; No. 2 yellow, 54Vi<£f54 1 / £ c. Oats—
2, 46c; No. 2 white, 49c; No. 3 white, 46©
4t',4c. Barley— Good feeding. 68@69c: fair
to choice malting, 890780. Flax seed— No.
1 northwestern, t1.31%. Prime timothy
seed, $4.75. Clover, contract grades, $15.25.
Provisions— Short ribs, sides (loose),
$8.62Wi8.75; mess pork, • per bbl. $hi.l 2y 2
1 6.25; lard, per 100 lbs, $9.10; short clear
sides (boxed), $9.00@9.?5.
•Articles— . Receipts. Shipments.
Flour, barrels .......... ' 34,400 25,700
Wheat, bushels 27,000 15,500
Corn, bushels 565,600 ' 264,700
Oats, ■ bushels 287,800 ' 230,200
Rye. bushels 11,000 1,000
Barley, bushels 38,100 39,000
j NEW YORK. June I.— Wheat, spot
easy; options closed }<,i?i%e lower;
July, $1.05; September, $1.08%; Decem
ber. $1.06%. . •
Hops, quiet; Pacific coast 1906 crop,
V B <s>llc; 1905 crop, 6<Q>Bc.
■ Wool, steady; domestic fleece, 32®
38 c.
Petroleum, steady. . ;
Turpentine, steady; 62%@63e.
" SAN FRANCISCO, Juno — Wheat,
steady; December, $1.59 asked; cash,
$1.60. i:-,- ■-'■-■■ •
Barley, .steady; May, $1.29 bid; Do
cember,' $1.25%; cash, $1.23%. ' -
■ Corn, -steady; largo yellow, $1,55 0
, 7-80. -. ; ;;■ ' ' ,•.■.--.-■
FINANCIAL RECORD
P- Associated Press.
NEW YORK. Juno 1. — Money on call,
nominal; time loans, dull and easy for
short dates; sixty days, 3 % «!' ■'' % • ninety
days. 3%@4 por cent; six months, 4V4
@6 per cent.
Primo morcantilo paper, C@6V4 per
Sterling exchange, steady, with ac
tual business in bankers' bills at $4.867u
@4.8<>80 for demand nnd at $4.8360©'
4.5365 for sixty day bills.
Posted rates, $4.88 M, and $4.87V4.
Commercial bills, $4.83y 8 ®4.83%.
Bar silver, 67 % c.
Mexican dollars, 52V&C.
Statement of Public Debt
By Associated Press.
WASHINGTON, Juno 1. — The month
ly statement of the public debt issued
today shows that at the close of busi
ness May 31, 1907, tho debt less cash
in the treasury amounts to $894,782,526,
which is a decrease for the month or
55,092. The increase in cash in tho
treasury during May amounts to $6,
541 322 ' ■
The debt is "capitulated as follows:
lnterestI Interest bearing debt, $889,872,780.
Debt on which Interest has ceased
since maturity, $1,086,925. „,..„■;.,
Debt bearing no Interest, $401,352,483.
Total, $1,302,412,189.
This amount, however, docs not In
clude $1,164,061,869 in certillcates and
treasury notes outstanding which are
offset by an equal amount of cash held
for their redemption. ho cash in the
treasury. is Riven as follows : .„; tr .
Gold reserve fund. $160,000,000, trusi
funds, 103,001, *!>«; general funds,
656,158; in national bank deposi
tories $183,810,072; In treasury of Phil
ippine islands, $4,112,786. Total, $1,-
6 8A siinlt which there are demand lia
bilities outstanding of $1,275,011,716,
which leaves a cash balance of $401,
629,664.
Heceipis «..cJ Exper.d!tur«B
By Associated Proas.
WASHINGTON, June 1.-The njonth.l>
comparative Btntement ol ho govern
n-ent's receipts and expenditures showb
that for May, 1907. the total receipts were
$57,488,012 and the expenditures $48,ni2,!;U0,
leaving a surplus for the month of »8,875.
212.2 12. The surplus for the eleven months
of the present flscal year Is $1>5,060,%3, as
aUlnst klt^'S a year ago. a gain ot
n C The y expemii OO tt O i!res for May were about
12,000,0001 2,000,000 In excess of those for May, 100u.
The civil and miscellaneous exj il
tures show an Increase of .out $2,400,000
The other Items of expenditure", do not
differ materially from those of May, 1906.
Circulation Statement
By Associated Press.
WASHINGTON. June l-jThemontt"^
circulation statement issued today by the
comptroller of the currency shows that
at the close of business May 31, 1907, the
total circulation of national bank notes
was $601,940,560. which Is an increase for
the year of $42,810,85K), and for the month
o rTho°clrculatlonr Tho°clrculatlon based on United State.s
bonds amounted to $653.(114 674, an Increase
for the year of $37,678,428, and for the
circulation secured by lawful money
aggregated $48,826,966, an increase or tho
year of $5,273,262; decrease for the month,
Si U^3
the amount of bonds on deposit to se
cure Circulating notes was $55b,937,300, and
secured public deposits, $190,833,725.
New York Bank Statement
By Associated Press.
NEW YORK, June I.— The statement of
the clearing house banks for the week,
live flays, shows that the banks hold $12,
7S'» 450 more than the legal requirements.
This In a decrensn of $2,90H,32S ns com
pared with last week. The statement fol
lows: Loans, Jl.iail.Ml.loO; increase, $13,
541 GOO. Deposits, $1,128.]94,G00: Increase,
n5.554.100. Circulation, 160,M5,90*; decrees",
$30' 700. Lokiil tenders. $72,093,100; increase,
$243 700. Spocle. $221. 928.000; increase, $735,
400 Reserve. jj»4,«81,100i increase. $982,100.
Reserve required. $2W.OIS.t;r.u; increase,
$3n>KX.B2S. Surplus. $12,782,460! decrease,
$::.960,325. Kx-r. S. deposits, $20,686,750; de
crease $2,91:0,360.
Imports and Exports
By AFFOcinted Press. > -
NEW YORK, June I.— Total Imports
of specie nt N"W York for the week
ending today were $23,000 silver and
$40 r,3." gold. Total exports of specie
for the week were $1,080,452 silver and
$2,813,838 gold.
Treasury Balance
By Associated Press.
WASHINGTON, Juno I.— Today's state
ment of the treasury balances shows:
Available cash balance. $257,629,665; gold
coin and bullion, $92,208,764; gold certifi
cates, $50,164,400.
Bullion Balance
By Associated Press.
LONDON June I.— Bullion amount-
Ing to £3.000,000 was tnkfin to the
Bank of England on balance today.
Silver Prices
By Associated Press.
SAN FRANCISCO, June 1.-Bar silver,
6"3ic; Mexican dollars, 64% c; sight drafts
par; telogranh drafts 2% per cent.
GENERAL FRUIT MARKET
By Associated Press.
SAN FRANCISCO, Juno I.— Fruits-
Fancy apples, $1.25; common, 75c.
Berries— Strawberries, $1.00@11.00; black
berries, $1.50(fJ4.00.
Oranges-Navels. $1.00©3.50.
Mexican limes, $4.00.
Lemons — Common California, $1.50;
fancy, $5.00.
Tropical fruits — Bananas, $1.00@3.50;
pineapples, $2.50Q3.50.
Dried Fruit Prices
By Associated Press.
NEW YORK, June I.— Evaporated ap
plos unchanged. Fancy, B@B%c; choice,
7®7%c; prime, li'i!Uo%c; poor to fair, sVj@
6c.
Prunes firm. Spot California, 3%@12%c;
Oregon, sVs@loc. «_,.—.
Apricots unchanged. Choice, 17%@18c;
extra choice. 18!4(gigc; fancy, 19®20c.
Peaches steady. Choice, 9(frllc; extra
choice, 12!$12i,ic; fancy, 12%@13%c; extra
fancy, 13@16c.
Raisins firm. Loose muscatels, 8%<310c;
seeded raisins, 7'/4@11%<-; London layers,
$1.5061.65. /
Sugar and Coffee
By Associated Press.
NEW YORK, June 1. — Sugar— Raw,
steady; fair refining;, 3.40 c; centrifugal
96 test, 3.90 c; molasses sugar, 3.15 c.
Refined, quiet; No. 6, 4.60 c; No. 7,
4 55c; No 8, 4.50 c; No. 9, 4.45 c; No. 10,
4 35c; No. 11, 4.40 c; No. 12. 4.25 c; No.
13 4 20c; No. 14, 4.15 c; confectioners A,
4 80c; mould A, 5.16 c; cut loaf, 5.75 c;
crushed, 6.70 c; powdered, 5.10 c; granu
lated, 5.00 c; cubes, 5.15 c.
Coffee, steady; No. 7 Rio, 6%c; No. 4
Santos. 7%c
Chicago Live Stock
By Associated Press.
CHICAGO, Juno 1. — Cattle — Receipts,
300; steady. Beeves, $6. G0©*!. 55; cows,
$1 7Sffi>r>.6o; heifers, $4.25 (<t 4.50; calves,
$5 00<5f>7.r.0: good to prime steers, $6.20
©6 30; poor to medium, $4.50@5.50;
stockers and feeders, $3.00@5.15.
joks— Rec-oipt.s, 9000; market steady;
lKht, $6.20f«)6. 42^ ; mixed, $6.60©6.40;
heavy, $r > . < J0Tr«5.90frr6.35 ; rough, $5.80®
6.10; piRS. $8. 500i6. 35; good to choice
not quoted.
Sheep — Receipts, 4000; market steady.
Natives, $4.2fi<a'li.Gs; western, $4.23ftf
6 40; yearlings, $6.10@7.00; lambs, t6.jU
®8.00; western, $6. 2807.90,
LOS ANGELE9 HERALD: MONDAY MORNING, JUNE 3, 1907.
PRODUCE PRICES
REMAIN STEADY
ANOTHErt SLIGHT ADVANCE IN
LOCAL EGGS
More Tomatoes from Mexico and Can
taloupes from the Imperial Val
ley — Eighty Persons Going
to San Diego
Director Thompson officiated us caller
at tho session of tho produce exchange
Saturday, and five cases of local cream
ery butter, 20 northern choese and 10
cases of local ranch eggs were sold.
BUI and asked prices for commodi
ties indlcuted a llrm market for all sup
plies, with eggs showing an upward
tendency, local case count being quoted
at 20 % ca. dozen, an advance of one
cont.
Features in the genoral market were
the receipt of a carload of Mexican to
matoes that sold at $1.85 to $2 a crate,
also a large consignment of Imperial
•valley cantaloupes, Jobbing at $1.00 to
$1.25 a crate for specials, and *3.50 to
$4 for pony crates.
Northern and local fish were in
abundant supply. .
ltI It was announced that eighty mem
bers and friends of the exchange had
signed to go on the trip to San Diego
June 16. ' _ ' '
Produce Receipts
tiggs, cases *J jj
Butter, pounds 34>0 , 4 *
Cheese, pounds no n °
Ohion3, sacks !••»'•
Potatoes, sacks f v
Beans, sacks 4Ui
Produce Prices
Following are wholesale jobbing prices
quoted by the Frank Simpson .bruit coin-
P P ORANGES— (Per box)— Fancy navels,
80s, $1.50; 90s, $1.75; 1265, $2.25; loOs
$3.00; 1765, $3.40. Navels, choice, 15c
Per Box less than fancy. Standard
navels 150 per box less than choice.
S DO Fe A r pi^^(Per box)-Mls.
fi&^wrß&& we
BANANAS— Fancy Port Limons, per
lb . Stis'/ic; crate 3 extra, 50c.
GRAPE FRUIT-(Per box)-Seedless,
$3.00; seedlings, $2.60.
POTATOES— (Per cwt.)— Minne
sota Burbanks, $1.85; fancy new crop
Peerless or White Rose, $2.20®2.75,
fancy new crop Early Rose, $2.60©
2 75
"ONIONS-Fancy Bermudas, . (50-lb;
cerates),c crates), $2.00; do sacks, per cwt., $3.00
VKUETAIiLKS-Bcets, per sack, 85c; do
doz. bchs. COc. String beans, lb.. s<B'6<j;
do wax, s@6e. Cabbage, per sack, $1.2o;
do cwt., $2.00 (crates extra 85o). Car
lots, per ir-uli, J1.15; do doz. bunches, 800.
Chills, green, per lb., 22c. Garlic, per lb.,
12 c.1 12c. Lettuce, common, per do!., 30c; do
Giant, per doz., 35c. Leeks, per doe.. 500.
Onions, green, per- doa., 3oc. Peas, green,
per lb , 4@sc. Radishes, per doz., 26c.
Spinach, per doz.. 35c. .Turnips, per
Back, 75c. Tomatoes, per crate, $1.75@2.25.
CHILIS— (Per lb.)— String, fancy, lie;
Chill Telpine, $1.25; Chili Molldo, hot. 12e.
BUTTER — Creamery, extras, 27^c;
creamery firsts, 25c. ■ • ■■■■ ■
CANTALOUPES — Small crates, $1.00
to $1.25; pony crates (54), $3.50 to $4.00;
apricots, $1.25&1.50.
CHEESE-(Per lb.)-Anchpr brand,
California, ISc: Young America (8 lbs.)
18c;1 8c; Hand (3 lbs.) 20c; fancy full cream
California, 15c; limburgor, EdelweM,
fancy, case lots, ISc; do less quantity, 190.
Swiss, fancy Imported wheels, 31c; do cut,
828 2c # do domestic blocks. 22c; Oregon
cream brick, Shield brand, 2i!c; German
breakfast, per box, $1.00. Eastern singles,
per lb.. 18c; Twins, 18o; Daisys, isoj Long
Horns, 18c.
EGGS — California ranch, per dozen,
2 2H 0; case count, 20% c.'
BEAN'S, B.C. —(Per 100 lbs.)— Small
white, $3.25; Lady Washington, $3.00;
pinks, No. 1. $3.00; llmas, t4.75®5.00; Uar
vanzas, $4.50; lentils, imported. $10.00.
NUTS— (Per lb.)— Almonds, fancy IXL
and No Plus, lilc; Brazils, 17c; filberts,
13 c; pecans, large, 18c; peanuts, Califor
nia, raw, 6V4c; do eastern, BHc; do roast
ed, 2c additional; walnuts, fancy No. 1,
l oHc; do small No. 2, 12c; pine nuts, 13c;
cocoanuts, per doz., 90c.
HONEY— (Per lb.)— Comb, fancy, water
white, frame, 10c; do light amber, 14c;
extracted, water white, 60-lb. cans, 70.
DRIED FRUITS-(Per lb.)— Apples,
evaporated, 50s, B^e; apricots, fancy, 25-
l b. boxes, 18c; dates, golden, bulk, 70s,
fancy, Co; do 1-lb pkgs. 30 to case, fancy,
per pkg., 7c; do Fards, 60s, per pkfc. Boj
do 12s, per pkg., 9c; figs, black, 25-lb.
boxes, per box, $1.50; do white, 10 16-oz.
pkgs. to box, per box, 75c; do 50 V4-lb.
pkgs. to case, per case, U.E6; do 60 6-oz.
pkgs. In cage, per case, $1.65; lemon an<l
orange peel, fancy, 10-lb. boxes, per lb.,
15 c; nactarlncs, 25-lb. boxes, per lb., 10c;
peaches, evaporated, 25a, fancy, per lb ,
12Hc; do 255, choice, per lb., 12c; pears,
evaporated, fancy, 25-lb. box, per lb.,
UMic; pitted ' plums, 25-lb. boxes, per lb.
10c. ,
• PRUNES— (Per lb.)— Fancy Santa ClaYa
county stock, 25-lb. boxes— 3os to 40s, 9c;
40s4 40s to 60s, 7 Vic; 60s to 60s, 6%c; 60s to 70s,
6c; 70s to 80s, 5V4c; 803 to 90s, 6c; 90s to
10C^, 4Wc.
RAISINS— layers, S-crown, per
box, $1.75; do 20s, 2 crown, per box, $1.65;
do 60s, 3 crown, per box. $4.25; loose mus
catels, 60s, 2 crown, per lb., 8c; do 60s, 3
crown, per lb., 9c; do 60s, 4 crown, per lb.
10c;1 0c; Sultanas, 60-lb. boxes, per lb., svic.
MISCELLANEOUS — Popcorn, fancy
rice, eastern, per lb., «%c; Saratoga chips,
per lb., 20c.
CHERRIES— Long boxes, black, per lb..
1 0@12c; do whites, per lb., 7<&9c; drawers,
( 10 lbs.) black, per drawer, $1.00@1.10; do
white, 65@75c; loquats, per lb., 4@6c.
Strawberries, Troploo Beau
ty, per crate, 90c; loganberries, %-lli»
baskets, per basket, 3^<jioc; blackberries,
!>i-lb. basket, per basket, 4@6c; dewber
ries, %-lb. baskets, per basket, 4<js6c; rasp
berries, %-lb. basket, per basket, 6@7c.
CEREAL — Wholesale prices
are as follows:
Family flour (white wheat, ' blended)
per barrel —
AIA Al flour '. $5.60
Globe flour 5,60
Made of select California white wheat.
Silver Star flour $5.20
XX flour *.6O
Eighth bbls. 20c per bbl. higher.
Bakers' (lour (made of eastern hard
wheat) (per bbl.) , ,' . . • ...
Globe flour $5.60
Eastern graham 6.60
Eastern whole wheat flour. 5.60
Blended wheat flours-
Bakers' Al flour $5.30
Bakers' Magnolia flour 5. 20
Bakers' pastry flour 6.00
Eastern rye 5.75
AI flour Is retailed at $1.60 per &
sack and 85c per % sack. Globe family
$1.60 per % sack and 850 per % sack.
MBALS AND CEREAL GOODS (per 100
pounds). 10 lbs. 25 lbs. 50 lbs.
AIA Al flour $3.10 .../
Pastry flour 2.90
Graham flour ...... , 2.80 2.76 2.70
Corn meal. W & V. . 2.70 2.66 • 2.60
Whole wheat flour... 2.90 2.85 2.80
Rye flour 3.40 3.35 3.30
Cracked wheat 3.44) 3.35 3.30
Farina 3.40 3.35 8.30
Wheat flakes j ....'' 1.50
do per bbl. of 125 ■ .v>-.*ii...^ 1
lbs., net ••• .... 4.25
GRAIN AND FEED (100 -Wheat
No. 1, $1.70; do (100-lb. sack), $1.76:
corn. $160; cracked corn, $1.55! feed
meal, $160; bran, heavy. $1.30; rolled
barley. $1.40; oil cake meal, $2.50; seed
rye, $1.76; shorts. $1.45: Egyptian corn,
$1.55: white oats. $1.90. ■- ■• -■
HAY (per ton) — Choice whoat hay,
$22 to $24; No. 1 wheat or wheat and
oat, $18 to $21; do No. 2. $14 to $16;
choice tame oat, $18 to $20f other tame
oat, $11 to $15; wild oat, $11 to $14;
stock hay, $8 to $9; alfalfa, $11 to $13.50;
straw. 80c tn 90c.
Retail Prljea
Following prices for leading articles of
consumption prevail at the Los Angeles
stores:
Hutter, 2-lb roll, fancy 66
Butter, 2-lb roll, Poppy 60
Cooking butter W>
Kggs, fresh ranch, per dozen 26
Potatoes, fancy, 100 lbs 2.8S
Pacific Coast Trade
By Associated Press.
RAN FRANCISCO, Juno 1. — Bcnns—
Pink, $::.inj.rj); lima, $1.25(8430; large
whlto, $^.r-0f):'.75.
Potatoea Oregon r.urlmnks. $2.00®2.75;
Mtn ed sweets, $4.0004.60,
Onions— Fancy, $3.50; common, $1.75.
Various— Green peas, l!'/2o; string brans,
V'i'.ir; urenn peppers, 7(i<lsc; tomatoes,
Jl.'m); RUfhtner squash. $ 1 . 1 « iff » 1 - 1 T» ; aspara
gus, 4<if,llc; rhubarb, $1.25*11.50; garlic, aff
4c; cucumbers, $i.00m.76j Mexican toma
toes, $l.uo(i<l.7.'>; mushrooms, 20076 c.
Flour, family extras, $4.85<(iT>.30; bakers'
extras, $Uio<Ul.So; Oregon and Washing
ton. $8.75(8 I. .".11.
Wheat - Shipping, $1.4501.50; milling,
».66®1.65.
Barley— Feed, $l.'Jl'4Wl.a%; brewing,
$1.(MK((1.22^; chevalier. $1.35.
Oats— Red. $1.45(81.75; white, $1.60@1.75;
black, $I,B6®S.HS.
MlllstuiTs-MlddlhißS, $27.00<S>iU).00; mixed
feed, $j;;.(iiii"(i r >.nii; rolled barley, $24.Wi()
86,00| out meal. $4.10; oat groats, $4.30;
rolled nuts, JH.00ffi7.25.
Hay— Wheat, $Ui.00(fj23.00; whent and
oat, flQ.nnfi4l7.so; wild oat, $!).nn*i 13.00; tame
out, $10.00(017.50; alfalfa, $8.00(^13.00; straw,
45BWc.
Receipts— Flour, 9809; wheat, 4385; har
ley, 71.710; oats. 310; beans, 120; potatoes,
2370; onions, 610; hay, 584; straw, 5; hops,
5; hidcß, 522; wine, 110,700.
Butter, Eggs and Cheese
By Associated Press.
SAN FRANCISCO, June I.— Fancy
creamery butier, 23c; seconds, 220t fancy
dairy, 22V4c. Eastern cheese, 12c; Young
America, lay/relic. Ranch eggs, 18V4c;
store eggs, 16»*@18e.
CHICAGO, Juno I.— On the produce ex
change today the butter market was firm,
creameries, 18(^23V4c; dailies, 17(f2lHc.
Eggs, steadier, at mark, cases Included,
13&@Hc; firsts, 15c. Choese, easy, 13@14c.
FINANCIAL
- LOS ANGELES, June ].— Bank clearings
were $1,907,017.60 against $1,972,504.19 for the
corresponding day last year, a decrease
of $iiii, iMi.ti'j. Following is a comparative
statement:
• ■ 1907. 1906. 1906.
May 27.... 51,836,697.57 $1,781,888.88 $1,701,719.02
May 28.... 1,696,524.58 1,507,528.02 •
May 29.... 2,331,052.32 • 1.677.300.07
May 30.... • 1,772,E57.55 1,543,970.2>
May 31.... 1,843,330.90 1,921,031.66 1,654,281.10
June 1..... 1,907,017.50 1,972,504.19 1,353,701.97
•Holiday.
LOS ANGELES STOCK EXCHANGE
Official sales— 2o Associated Oil at $34.50.
Bank Stocks
Bid. Asked
American National ; 118%
Broadway iimiK Hi Trust C 0..155. .155 - ...
Bank of Southern California.. .. 120
Bank of Los Angeles <• 12&
California Savings lanl; 122 ...
Central 240
citizens National 233 . 275
Commercial National .. 150
Dollar Savings 140 ...
Equitable Savings 3aa> 163 !•••.-
Farmers & Merchants Natl
First National Stamped 420 430
Federal Bank of Los Angeles. 12%
Globe Savings Bank 108 111!
German American 300 318
Home Say. Bank og L. A 141
Los Angeles rust Co 115 -'...■
Manhattan Savings Bank US ...
Merchants Katlon.-.! 460 . . ...
Merchants Trust Co - 100 Vi
5 0 per cent paid up.
National Bank of California. .l 93 225
National Bank of Commerce.. .. ...
Security Savings Bank ....'....240 <
State Bank and Trust C 0.... .. 9li
Southern Trust Company 70
U . 8., National Bank , 160
■•/.-: -.- Bonds
Bid. Aslcel.
Associated Oil ..;...:........ , 86
California Pacific Railway.... 95 101
Corona City Water Co iiitt
Corona Power & Water Co 93
Cucamonga Water Co 100
Edison Electric Co. Ist ref.. .. i»)4
Kdlson Electric- Co. old issue .. 107
Home Telephone Co # .. ■ 90
Home Telepnone Co. Ist ref 80
Los Angeles .. ove Co 99 ...
Los Angeles Traction 6s ......HUM : ...
Los Angeles Traction 6s 99% ' —
Los Angeles Electric 96 ...
Mission Trans. & H. Co 92% ...
Mt. Lowe Hallway Co 83 99
Pacific Light & Power C 0.... 98 102
Pacific Electric Railway Co .. 113
Pasadena H. T & T. C 0....:. .. 81
Pomona Con. Water C 0... , , 98
Riverside U T & T Co: 75 85
Riverside Light & F. Co 98
Santa Monica H T & T Co.. .. 80
San Diego H T & T Co
Santa Barbara Klec. Rwy aS
Seaside Water Co ...: 102
Temescal Water Co .. 96
United Elec. U. & P. Co 100V4
Union Transportation .. 93
U . S. Long Distance : 87%
Visalla Water Co 95
Whlttler Home T. and T. Co. .. 75
Miscellaneous Stocks >/-i ,
Bid. A raked.
Edison Electric pfJ ...... ..... 90.00
Edison Electric com 70.00 75.00
Home Telephone pfd 60.00 61.50
Home Telephone com
L . A. Athletic Club 10.75
L . A. Investment Co 1.90 2.00
L . A. Jockey Club 65.00
Occidental L. Ins. Co 126.00
Paclfip Mutual Ins. Co 200.00
Pasadena H T & T Co 42.00
S Monica H T & T Co.. 8.25
San Diego H. T. & T. Co 27.50
Sun Drug Co 1.00
Seaside Water Co 90.00 110.00
Title G. & Tr. Co. pfd 160.00
Title I. & T. Co. pfd 149.50 .....
Title I. & T. Co. :• r. C... 150. 00 .....
Union Trust & Title Co 47.00
iJ S L D T & T Co. rfd 61.50
Whittler H T & T Co 85.00
■/%'i.V'j Oil Stocks
. - > Bid. Asked
Amalgamated Oil 80.00
Associated Oil , 34.60 84.76
Brookshlre Oil 2.85 8.10
Central '..: 1.12 V* ' 1.14%
Columbia , 71% .73%
Continental ; 16 .20
Elk Consolidated Oil Co .52
Fullerton Con 50 , v
Fullerton Oil 60 .....
Globe -12 .15
Home (Whittler) 75 ...
Mexican Petroleum 1.29 1.33
New Perm. Petr. Co ... '1.65
Final Oil Co 19.00 26.00
Ollnda Land Co 12 .16
Piru Oil & Laud Co » 06 ...
Reed Crude 200.00
Union Prov. Co , \ -'06.50
United Petroleum ... 340.00
Western Union 405.00 430.00
DAILY MINING CALL
Official sales— 3ooo Johnnie Con. at 9&@
9 %c; 5000 at 10c (B. 30).
CALIFORNIA.
' (Greenwater District.)
Bid. Askel
Butte & Greenwater ... 1.25
Clark Copper Co 13^4 .14
Furnace Creek Copper 60 1.00
Fur. Creek Ex. Copper . .34
Furnace Valley Copner .... .00 , .11
Kempland Copper Co \.. 12 ...
Cal. Hills M. Co 02% ,(U%
Con. Mines Co 0114 -02
Golden Harvest M & M Co.. ... 50
NEVADA.
(Falrvlew District.)
Fairview Central .... ... 08
(Goldfleld District.)
Goldfleld Con. Mines 4.75
Goldfleld Wild Horse 04 .07
(Johnnie District, Nye County.)
Johnnie Con GM Co 09% .10%
Mohawk Johnnie .17%
(Searchlight District.)
Cyrus Noble 04 .06%
Eldorado Can M & M Co.. .01 .0114
Gold Coin 25% .28
Nevada Searchlight 02% .03
Searchlight M. & M. Co .99
Searchlight Parallel 03
Searchlight Western 04% .06
ARIZONA ■:■'■ ■
Hecla Con. Mines Co ' 1.50
San Francisco Shipping
SAN FRANCISCO, Juno I.— Arrived:
Steamer National City, San Pedro;
Steamer Texan, Ban I'le^o; steamer Hoan
oke, San Pedro. Sailed; Steamer Centra
la. San Pedro; steamer Berkeley, San
Pedro; steamer Coaster, San Pedro.
PRICE OF STOCKS
STILL SAGGING
PRESIDENT'S SPEECH HAS
CONTINUED EFFECT
Revision of Opinion on Market Re
garding Reeult of Roosevelt's Ad
dress — No Decision as to
Withdrawal of Gold
By Associated Press.
NEW YORK, June I.— Prices of stocks
continued today the sagging movement
which set In during the session yesterday.
Tho movement seemed due as much *»
anything to the conviction that substan
tial demand for securities had resulted
from the bear sentiment said to be pro
duced by President Moosevelt'a Decoration
day speech.
In fact the tone of comment in soma
of the intluentlal llnancial reviews in
duced somo revision ot opinion in stock
market circles as to the effects to be ex
pected from the address. Some of the
early selling also was In anticipation uf
the unfavorable character of the bank
statement. The lar«;e loan expansion
shown by the_.banks was tho chief factor
in causing the reduction of the surplus
I turn.
Preparation for tho month and require
ments and the added obligation of pay
ment'of a 15 per cent Installment of guo
scrlptions for new St. Paul Btock Were
the lnlluences responsible, for the loan
expansion. Tho gain of nearly a million
in the cash item Was In comparison with
an expected decrease. Discounts In Lon
don declined with the turn of the month,
but foreign exchange here held steady
ond the question of further gold exports
next week Is loft open.
The question of a withdrawal of gov
ernment deposits from the banks during
Jime to provide for the July 1 redemption
of. about $40,00U,000 4 per cent bonds wns
undecided by any announcement from the
treasury department. Borne of tho doubt
ful speculative tone was clue to the con
tents of the mercantile revlewS pointing
out a slow distribution of spring and
summer goods and operations for the
fall and winter as being more conspicu
ous addition to the showing of net earn
ings for April were made In reports by
the t T r.!or. Pacific and the Louisville &
Nashville. There was some covering" by
shorts after tne appearance of tho bank
statement, but tho resulting rallies were
feeble nnd not well held.
Total sales of bonds, par value, $476,000.
New York Stocks
By Associated Press.
NEW YORK, Juno I.— The following
Were the official quotations on th»
stock exchange today:
Clog
_ , . High- Low- Ing
G al«B. est. est. Bid.
3 00 Adams EX.... 300 290 291
8 5,200 Amal Cop 85% 85% 84%
7007 00 Am C & Fdy.. 39 38% 38%
3003 00 do pfd 9814 OS 97%
2 00 Am Cot 0i1... 30 29% 29 •£
do pfd.... .'--».,.. 85
..... Am Ex 200
Am H&Lpd 18%
• • Am Ice 68
Am Lin Oil 9%
do pfd 24
1001 00 Am i,0c0m0... 67 57 66%
do pfd ■. 102
1,300 Am Smel & R. 117% 114% 115%
..... do pfd 104%
..... Am Sug Ref.. 119
Am Tob p c 61%
3 00 Ana Mm Co.. 57 G6 56%
2 ,500 Atchlson .;... 88% 88 li 8814
..... do pfd 92%
Atlantic C L .... 96
1 .600 B ft 0.. 91% 93% 94
do pfd '.... .... 86
4 ,400 Brook X T 66 49% 48%
3 ,000 Can Pao 166% 165% 166%
Cent of N J 170
Ches & Ohio ; . 34
3003 00 Chi G W 10 9% 9%
1 ,400 Chi & N W....14G 144% 146
4 ,100 CM& St P.. 126% 125 125
Chi Term & T 5
do pfd 15
2 00 CCC &St L.,. 64% 64 63
1 ,600 Col F & 1..... 29 28% 28%
, 400 Col & South. 22% 2214 2214
do Ist pfd r>B '
1001 00 do 2d pfd.. 41% 41% 41%
4 00 Consol Ga5... 117% 117% 116
Corn Pro .-A." 16
1 00 do pfd 72 72 -71%
6006 00 Del & Hud 164 162% 162%
Del L & W 450
2002 00 Den & R G. . . 25% 2514 2514
do pfd 69
Distill Sec 63
8008 00 Erie 21 20% 20%
6006 00 do Ist pfd.. 56% 55% r,r,%
(to 2d pfd 35
2 00 Gen Elect 139% 139 188
1l Central 135
.•. • Inter Paper 12
do pfd 71
Inter Pump...... 20
do pfd 73
lowa Cent . 18%
4 00 do pfd 40 39 89
2002 00 X C South.... 24T4 24% 24%
3003 00 do pfd £014 69% 59 1!
2 00 L & N 110% 110% 11014
3 00 Mcx Cent 19% 19% 19%
A Minn & St L • 45%
1 400 MStP&SItStM. 96 95 95
1 .200 do pfd 128 126% 123 .
1 ,100 Mo Pac. ....... 72% 72 72%
1 .100MK&T 31% 31% 81%
. i do pfd 62%
1 00 Nat Lend 6914 6914 69 li
N RR of M pd 51 .
2 ,400 N V Cent 109% 109% 109%
1 00 N V Ont &W. 32% 32% 32%
Norfolk & W . .... 72%
do pfd 75
North Am 67
Pac Mail 22%
9 ,500 Pennsylvania. 119% 118% 11!)%
1 00 People's Gas.. 89% 89% 8914
P CC & St L 68
Press S Car 31
do pfd 88
Pullman PC. .... ' .... 160
4 8,600 Reading 10014 98% 99%
do Ist pfd .... 75
do 3d pfd 75
Repub Steel 2414
..... do pfd ' 85
1 ,500 R I C 0... 19% 19% 19%
1 00 do pfd 411 43 43
5 00 StL &SF 2 pd 32 30% 30%
St L S W 19%
do pfd 60
4 ,100 South Pac 75% 75% 75%
4 00 do pfd 11l 111 110%
4 00 South Ry IR'4 18 18%
r 600 do pfd 67% 67 57
Term C & 1 137
Tex & Pac... 25%
1 00 Tol St L& W. 27% 27% 27%
3 00 do pfd 49% 49% 49%
3 6,400 Union Pac 133 131% 131%
do pfd.- 87
T S Ex 96
IT S Realty ' B8
2 00 U S Rubber.. 35 35 8".
r do pfd " 99
2 0,100 U S Steel 82% 32% 32%
3 ,000 do pfd 9714 96% 97
Va Car .Chem 25%
do pfd 103
Wabash 12%
do pfd.: 22%
.Wells F Ex 280
, West Elect 142
1001 00 West Union.. 79% 79% 79
..'.... ...'... Wheel & L E 10%
Wis Cent 16%
do pfd 36%
3,6003 ,600 Nor Pac 123% 121% 121 7 (,
..... Cent Leather 22%
..... do pfd 91
Sloss Sheff 54%
8 400 Ot Nor pfd... 125% 123% 124 /
..... Inter Met 1714
1001 00 do pfd...... 60% 50% 60%
Total sales 229,400 shares.
New York Bonds
By Associated Press.
NEW YORK, June I.— The following
were the closing prices of bonds today:
U S rfd 2s reg.104% Japan 6s 2d srs.. 98%
do coup 104% do 4s ctfß 83%
do Ss reg 102 do 4^s ctfs 92>4
do coup 102 do 2d srs 91 Vi
do old 4s reg. 99% I. & N 4b........ 100
do coup 100% Manhat gold 45. 101
do new 4s rg.129 Mcx Cent 4s .... 77%
do coup 129 do Ist mc 19V4
Am Tob 4b 72 M&St L 45.... 84
do 6s 106% M X & T 4s 96%
Atch gen 45.... 97% do 2ds 83%
do adj 4s .... 90% Nat Ry Mcx <a.. S3
Atl CL 4s 95 NYC gen 3Hs.. 92«4
B&O 4s 09 NJ C gen 5s 124
do 3Us 92 Nor Pac 4s 101U
Brook R T 45.. «m do 3s 71H
Cent of Ga 55. .104 N & W 4s 95
do Ist mc 85% Oregon S L 45.. 90%
Clearing House Banks
; : : T~~^ SAME ' OFFICERS
/Central Bank " ;.. w c. durgin, cannier.
*-* U. B. cor. 4tn & Broadway. Capital. $100.i»JO; Burplua and Profits. tm.m -
nphe National Bank of Commerce ckAhLESE I wi S Na. i 'cShl.r.
N l Vco 9 r. A ( tn S .f«l S P r.n r ': Capital, $200,000; Surplus; $»,<»» :
United States National Bank . &^.^Sith^.S«!! > '
*••' P. B. co:. Main A Commercial. Capital. 1200,000; Burplua and Profits. $W,MI
Farmers & Merchants National Bank cHAa^Y^'cwhier.
Corner Fourth and Main. Capital. $1.500.000; Surplus and Profit*, $1.600.(WI
r^rtTmercial National Bank ~ c^^N^CMhien'- V
423 South' Bprlng : __ "" ' Capital. $200.000; Surplus and Profits. tM.»W f ,
First National Bank s'h&n'd 1 ' cashier. -\
Capital Stock. $1^0.000; .Surplus. $28O.0»s,
B. H. ror. Second and Bpring. ■ Undivided Profits. n.m.W.U. ■ -
•Droadway Ba;ik & Trust Company M^r^cSr^^;- v^
x - (IQH-mo B'dway. Bradbury hldg. Capital $265.600; BiirgJua-Und. Profits. tIW.BCO y,
Merchants National Bank JJxkcc FrhellmanV cwhlsr.
N. B. cor. Second and Main. Burplr. and profiu. $400.000.
American National Bank. W F. JOTSFORD. President ■ : &
mencan National Bank WM -, , woods, cashier.
* B. W. cor. Second and B'dwajr. Capital. $1,000,000; Surplus ah* Profits. $l»,00»
National Bank of California f ,si^Ms. K <S«ws?-
N. E. cor. Second it Bprlftg. Capital, 1800,000; Burpluß-Undlvlded Profits. $100.080
Otate Bank & Trust Company ' l°%: zommrScSSsT^ '
N. W. cor, Second nnd Spring. Capital tftno.OOO; Surplus and Profits. $60,(W0 ■'. ;
Citizens National Bank ~ J- j; waters: cashier.
8. W. cor. Third and Main. Capital. $300,000; Surplus -iiM Profits. $828,009 ■
Columbia Trust Company
311 WEST THIRD STREET. „„_.■_„ . -.* .
1.. 1.. Elliott. Preii. ■H. M. Hluford. Trenmirrr. F. It. Broiler. »w. ■ \ •
f~ Sayings Banks ' : .
1 ' 496 INTEREST PAID ON TERM SAVINGS DEPOSITS.'
1 396 INTEREST PAID ON »ORDINARY" SAVINGS DEPOSITS J
if Paving* nrpo>l!> In Shvlhk« Donka Aw
1 •, .- E»»mpt from Taxation to the n*|»o«lto* -,■•■..-■
German-American Savings Bank CAPiTAI^Z£* PLV9
I 223 South Spring Street. ASSETS
I Corner Main and First Sts. (Branch) »10.5C0.000
1 Security Savings Bank CAPIT n TO X.oo Dttm * \-
I N. H. Corner Fourth and Sprln* Sts. TOTAL ASSETS
8 Herman "W. Mailman DullalnS. ... ;. «17.000.000.00 . . % ;
9 Southern California Savings Bank CAPITAt^Z^ VRPVV9 I
|__ Southeast Corner Fourth and Spring. ASSETS _■
Iga Union Trust Bid*. .'^. atijj^X!!!!!!!j!iiJLimaiiiiiiii£SS
j&mmmmmmßnwwmmtmiMmmmßßammHmKiammmMmmmmmam
Bn^n^^^^UuJyiU&MMaiAHiiiiMUSkMHlffifwMßMUAAMiUaUAM
I MERCHANTS TRUST COMPANY
207-209-211 So. Broadway. Paid up capital 1500,000.00. ' Two per cent on
the dally balances of checking accounts. V •■■■.. ; -
•■ ■ / m ■. ' ( ■ '■' ■ ,'"."' '\ -
LoS ANfi^E!j s^f,T CONp ANY
l/W * Paid- Up Capital One Million Dollars "'•ll I
2 Per Cent Interest Paid on Checking Accounts
THE HOfTHKBN TRUST COMPANY, 114 WEST FOIRTII STREET;
This bank is fully equipped to transact all kinds of banking and trust busi-
ness, OFFICERS — I. W. 11.-llini.n, president; J. A. Graves, vice president,-
P. Kltohln, cashier and secretary; John I", lliirkc. vice president and manager;
H. F. Stewnrt, vice president; C. XV. Cum, assistant cashier. ;.-;.- ::...:; ••;'.:;.■;
ASK THE BRO^VTV SECURITIES COMPANY
. .• 018 ISAIAS W. 11E1.1..11A.V BUILDING. ... :
ABOUT PACIFIC EXPLORATION STOCK IT IH
ABOUT PACIFIC EXPLORATION STOCK good
ADTUITP PI IT ACAM «**rt Ollt edge properties ONLY. Nevada,
AX 1 rIV/IV. V»Lr*V/\OV/n Kj\J. Arizona and Mexican stocks and mines
1 MINING BROKERS, M .„ tor sale. Write or call for our "Facts '
and Figures About Mining." 235 H. VV. Hellman Building. • . .. :. .-; ;'
do 2d mc 74 Perm 3%s 93%
do 3d mc 59 Read gen 4s 97
C& O 4%s ....101 St L& 1 M 45. .110%
C & A 3%s .... 66% St L & S F 45.... 80
CB & Q 45.... 92 St L& 8 W 45... 75*4
CRIP 45*. .67 Seabd A L 45.... 71>,4
do col 5s 7..Z 84 Soil Pac 4s 86
C & StL 45.. 100% do Ist 4s ctf5.. 107%
Col Ind 5s srA 58 Sou Ry 5s 107%
Colo Mid 45.... 68 T& P lsts 112
Colo & 80 4s .. 8974 T St L & W 45.. ■ ifl
Cuba 5s 103 Union Pac 4s 101%
D& R G 45.... 95 US Steel 2d 55.. 95%
Dlst Sees 55.... 81% Wabash lsts ....107%
Erie pr In 45... 93% West Md 4s 74%
do gen 4s SO% W & L E 4s 80
Japan 6s 98% Wis Cent 4s .... 86%
Boston Stocks and Bonds
By Associated Press.
BOSTON, June I.'— Following were tho
official quotations for stocks and bonds:
Atch adj 4s .... 92 Bingham 16%
do 4s 97 Calumet & Hec. Blo
Mcx Cent 45.. 75% Centennial 26%
Atchison 88% Copper Range.... 79%
do pfd 92% Daiy West 16
Boston A A1b.. 215 Franklin 14%
Boston & Me. .102 Isle Royale 15%
Boston L 134 Mass Mining 5%
Fltchbg pfd ...12(1% Michigan 12%
Mcx Cent 19V* Mohawk 73
NY NH & H..1ti2% Mont C &C i%
Union Pac ....131% Old Dominion ... 4UM>
Am Pn Tube... 8 Osceola 125
Am Sugar 120 Parrot 19%
do pfd 122% Quincy 114
Am T & T 115% Shannon 17%
Am W001en.... 24% Tamarack 112
do pfd 90% Trinity 20
Edison El H1.. 208 United Copper... 57%
Mass Elec 16% U S Mining .... 50
do pfd 67% U S Oil 90%
Mass Gas 58% Utah 59
United Fruit.. .in«% Victoria 7
United/ Shoe M 58 Wlnona 7%
do pfd 27% Wolverine 151
U a Steel 32% North Butte 82%
do pfd 9ii% Hutto Coalition.. 24 a »
Adventure 2% Nevada 18%
Alloucz 45 Calumet & AH..155
Amalgamated.. 84Vi Ariz Cornel 21
Atlantic 11%
SAN PEDRO MARINE NEWS
By Associated Press.
SAN PEDRO. Juno I.— The steamer
Hanalei, Capt. Ravens, left this evening
for San Francisco with freight und pas
sengers.
The steamer Samoa, Capt. Klinker, fln
iched discharging that portion of her
cargo consigned to this port and sailed
today for Redondo, wnere she will dis
charge the remainder, preceding thence
to Caspar.
The steamer Scotia, Capt. Nelson, vailed
today for Eureka.
The steamer Fair Oaks, Capt. Peterson,
is due here the flrst of next week from
Grays Harbor with a cargo of 600,000 feet
of lumber. The Fair Oaks was formerly
the Robyt Dollar.
Cotton and Wool
NEW YORK, June I.— Cotton, spot
closed easy, 10 points lower; middling
uplands $12.60; middling gulf, $13.05.
ST. LOUIS, June 1. — Wool, steady;
territory and western medium, 20®
27c; fine, 18@21c; fine, lß@l7c.
CARLOAD SHIPMENTS
OF CITRUS FRUIT
<$>' Shipments of orange* and loin- •'•
<$> ons from I.ob Angeles Wrdne.day <«>
<$> and Thursday, May 20 ami 30, re- <$>
Sported by the California ■ Fruit <$>
4 > Grower*' exchange, were: 104 car- <$>
<§> loads of oranges anil 28 carloads of <§>
<§> lemons. v-.; r
<$> f : Total to date there were shipped <$>
<$> 21,208 cnrloads, of which 3022 were <$>
<§> lemons. "$>
<$> ■ Last season to ' date there were <?>
<•;• shipped' 21,173 ' carloads, of which <;>
$ 2387 were lemon*. ','.:'...'. \., , '.'... , ■■'■,.',.,<&
1
Members Goldtield Stock
Exchange
<.<>!. Ill 11:1 l> AM) nevada , stocks
mining stocks and mines
real' estate)
Ernest Kennedy & Co.
US WEST SIXTH STREET .
E. S. TOMIII.I\. C A. STILSON,
MANAGERS. . .
OFFICES— and Manhattaa
TELEPHONES!
Home A lO7O - '.■*. '■■"■, .'.,'
Snimet Broadway 1370 * ■
VISITORS BUY HOMES
IN SOUTH PASADENA
Special to The Herald.
SOUTH PASADENA, June 2.— South
Pasadena, like its big sister city, Pasa
dena, has had a remarkable May busi
ness in realty and building.
Around the public square in the thriv
ing city a number of new structures
have been erected and aro planned and
nearby the new library, Presbyterian
and other churches are well under way,
cither in planning or In construction.
Ernest Washburn of Washburn Bros.
the other day chatted with an Ohio
woman visitor, drove her about tho
city and before the day was over she
had paid $2200 cash for a homesite on
Bank street and left for the east that
evening, saying she would arrange to
remove here immediately.
Washburn Bros.' sales for the month
were:
Fifty-foot lot on Elm avenue, between
Oxley and Monterey, from T. J. Free
man to Carl Johnson, recently of Ban
Francisco, for $800 cash. A two-story
home will be built.
Two lots on Monterey road, between
Orange Grove and Glendon, from Miss
M. W. Knapp to R. W. Reynolds, for
$750 cash.
Two lots, 100 feet, on Garfleld ave
nue, between Mission and Oxley streets,
for E. J. Pollock to Mrs. T. J. Freeman,
for $1500. The Fremans are now in
Colorado, but will return and build a
home.
Two lots on Monterey road, 100 feet,
near Glendon way, for $1600 cash, from
David Blankenhorn of Pasadena to J.
F. Washburn of Los Angeles.
R. W. Lloyd of Los Angeles bought
from T. I. Glfford a 42-foot lot and bun
galow on Oxle ystreet, near Fair Oaks,
for $3250, to make his home there.
Two lots on Oxley. near Kirn. 100 feet,
to E. J. Pollock and J. E. Thompson,
from William Cooper, for $800 each.
Mr. Pollock will build.
Two lots, 120 feet, on north side of
Bank Btreet, between Fremont and Fair
Oaks, for $2200 each, from Mrs. Ruth
Kinder to Mrs. Margaret Reehl, who is
coming from Ohio to live and will
build.
Fifty-foot lot on Doran street, from
Oley Hlbbard to M. Burllngame of
Cleveland, Ohio, for $425 cash. Buyer
will build.
Failure in,Evej-y Way
"Sold your automobile, eh?" ex
claimed Wyss. "What was the trou
ble?"
"Couldn't control It," explained
Acher. "When 1 ran fast it took me to
the police court und when I ran slowly
it didn't trake me anywhere."—Har
per's Weekly.

Los Angeles herald. [microfilm reel], June 03, 1907, Page 11, Image 11
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Los Angeles herald. [microfilm reel], June 03, 1907, Page 11, Image 11 About Los Angeles herald. [microfilm reel] (Los Angeles [Calif.]) 1900-1911

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Los Angeles herald. [microfilm reel], June 03, 1907, Page 11, Image 11
About Los Angeles herald. [microfilm reel] (Los Angeles [Calif.]) 1900-1911