12
FINANCIAL-COMMERCIAL
LIQUIDATION IN
STOCKS ACTIVE
HEAVY UNLOADING CAUSES A
SURPRISE
EASE IN MONEY MARKET SUP.
PLIEB NO RELIEF
Declines of 1 to 3 Points in Values
Become General —Washington
Prospects Said to Be Prin.
cipal Motive for Unload
, ; [Associated Tress] .
NEW YORK, Jan. 14.— resump
tion of liquidation in the stock market
today set conjecture to work for some
deeper cause to explain it than the
more superficial influences which have
been given responsibility and Which
are passing away without relieving the
market from depression,
The money market passed from a
condition of relative to positive ease,
but this proved powerless to check the
unloading of stocks or to stimulate any
new demand. The unloading of stocks
continued to put back funds in the
money market which is in the course
of replenishment as well as from
various other aourceß.
This persistent liquidation is denied
important and as comingl from influ
ential sources having in view a pro
longed outlook as well as retrospect.
Continuous and persistent accumula
ti<Mi of stocks went on for many months
during the rising prices of last year
and there is reason to believe the tak
ing of protlts on much of this specu
lation was planned for the opening
weeks of the new year when easing
money markets and reinvestment of
yearly profits were looked to for the
Inspiration of a general demand for
"stocks. It was foreseen that legisla
tive and judicial action having 1 im
portant bearing on financial affairs
would develop soon.
Apparently the desirability to check
the liquidations before further hap
penings in tnis field is appearing with
greater force to holders of stocks.
Liquidation Is Pushed
Liquidation wai pushed with grow
ing precipitation today and declines
of 1 to 3 points had become generaJ
by the middle of the afternoon. In
the Harriman PacinVs, St. Paul and
a few others, it was even greater. The
breaking through of prices to lower
levels then had been touched on pre
vious reactions was the signal for the
uncovering of fresh stop loss orders
and for bringing now burdens on the
market.
Washington prospects were said to be
a principal motive for the throwing
<>v( r of stocks. The widespread ac
tivities of the government In the field
of corporation regulation and the pros
pect of early decisions by tho supreme
court which it was feared mlsht pre-
even graver conditions were made
the staple of argument by the sellers
of stocks. Tho stuck market showed
no niliving 1 power, lowest prices of the
c!.<y being reached in the last hour with
an men greater outpouring nf stocks.
The Harrlman Issuea, St. Paul, V.
S. Steel, Great Northern and Pacific
were especially weak and apparently
without support. The closing: was very
feverish with virtually no recovery
from the low points.
Bonds were lrregulnr. Total sales,
par value, $4,770,000. U. S. bonds were
Irregular.
NFW YORK STOCKS
Special senice to Tlie Herald by J. C. Wil
«on, 212 West Fifth street, Los Angeles, mem
ber New York stock exchange, Chicago board
of trade, stock and bond exchange of San
Francisco.
NEW YORK, Jan. 14.—Following were the
closing quotations:
Sales. Stock. High. Low. Bid. Ask.
■„ Allii* Chalmers .. 14 15
do preferred .. 50 El
112.000 Amalg Copper ....8814 Si:*; 53% 83*4
2,000 Am. Bee! Sugar. ■!:.'■, 43 4"V» 43Vz
. do preferred .. ;,:{ in
1,200 Amur Can Co 13*4 i:4 151.4 Vi%
1.800 do preferred SOH 79 78% 7:",
3,800 Am Car &■. Fdy Co 687, 66*4 «W4 9*%
300 do preferred 118 118 111! " IIS
1,800 Amer Cotton Oil.. >, > , M 64 63
• do preferred „ 103 107
• Amer Ex .. 2SO 300
.. 2,000 Amer Ice Secur r' = :!>.. U% 244
700 Amer Unseed .... lfl«4 lf<4 16 Hi" .
1.500 do preferred 4r,» 4 i::>, is 44
3,800 Amer Locomotive.. 68 57 67 674
<■ do preferred .. 113 ill
37.300 Am Smt & Rfg, Co 98*4 91% 91% 94',
1,300 do preferred .....111 109" 109 103' i
900 Amer Sugar 12:;%. Vli\, 128*4 12il'.i
, do preferred 121% ]:'2>,i
700 Am"r Steel Fdrs.. 64% M 63:, fit
4,300 Am and T Co 133% 13714 ':: j 137%
i Amer Tob pfd .. 95 95%
100 Amer Woolen 33% 33% 33", 35
• do preferred .. 3"i" ■ 103
7,000 Anaconda 5ll» !■■:, 41i% 50
14,800 Atlantic C Line.. 13U4 131% 133
80,300 A T & Santa Fe..l:o»i ]lsu, list. 118%
300 do preferred 103'j nx% 51134 103%
6,5'«> Bait & Ohio 117' a 110 116' i HG'j
100 do preferred . 52% 9:'% <i 3 9414
10,000 B Tl T 78' i 73% 74*4 7414
1,700 Canadian Pacific 1814 17:11,, i?9u ir:o.
15,700 C &. 'i Sa% 86% 86% 86',,
a C & A 64' i 60
1,601) C & C, W new ... 3114 32 22 82*,
- » do preferred new .. .. .~''j 80
3.000 C&N W 160«» 167 157 158
41,300 C M St P.* 153 147 147% 148
600 do preferred 169' i 18R',4 15514 1G»
6,l"0 Central Leather .. 4."' 44 44 IP,
100 do preferred 10814 losy, 108',i 10S"i
, Cent of N J 300 310
300 CCC & Rt L 79*4 7S", 7s Vi 79
do preferred 104 108' i
7.100 Colo Fuel and 1... 40V4 43V4 43,4 43%
do preferred 113 120
1,500 Columbus HC & I !)l»t ■•', 89\4 91114
SOO Colo Southern .... 60 I7"i BTVj &8
........ do Is-, preferred .. .. M • 82
3(K) do M preferred.. 8014 80 M si
21,500 Consolidated Gas .16614 H9',i 14974 160
2,500 Corn Products .... 21% 20% 20% 21
400 do preferred 849. (,?,', 83 . 83%
1,000 Del & Hudson ...ISO 177 177 179
D I. * W 690 UK)
3,900 D&II 0 484 4.", 41't, 1.-:;
1,300 do preferred SIM 79*4 7SH4 80
-. -i Distil Secur 364 Sl'i 34>4 35
.200 Duluth s S «l A.. IG<4 16*4 II! 1«%
300 do preferred 31 81 SO 31
4,000 Erie 32T4 33 33 :;:'',
4.000 do Ist preferred. 50,4 49 49 49%
200 do Id preferred.. 39*4 89 s;i M
1,600 General Electric ..167Vi 16» 153 164 v
7,000 Gt Northern Ore. 78% 73 74 75
8,000 do preferred 137*4 133% 135V4 135%
3,800 Illinois Central....l4s',<, 141% 141V4 142' i
87,800 Interboro-Metro .. 20% 23*4 S3*4 23%
27,100 do preferred 62% MV» 59% 011*4
908 Internal Paper ... 14% 13-4 1;: 11'«
800 do preferred 87"4 r.6^i 68 57
i. 900 Internat Pump ... 63' i CO 60 60%
'.».... do preferred .. 804 «o*i
200 lowa Central 27 28% 28*4 8714
100 do preferred s<l*i CO% (I*4 01*4
; I,**) Kansas City 80.... 42*4 40V4 40*4 41
-mm... do preferred .. (974 70
»..... L B & Western 22 23
400 do preferred tl*4 61 61 63
•,000 L & N 16M4 15814 153% 104.4
•"HOMackar 89T4 S»-» «8H M*i,
t«0 do preferred 77"4 774 76V4 77
100 Manhattan - 137% 137% 136 139
200 Mot St Hy 26 MVi 20 25
&m Mexican Central .. Bi.'i 24% air, 25
t*o Minn &St L M <9VI .. 49
CARLOAD SHIPMENTS
OF CITRUS FRUITS
<jt> ShlixnenU of oraiiKei and lemon- ♦
• from I.oa Angeles WednriHlay. Jan. 9
• 13, were 121 curl.mils of orange* '""' t
•13 of lemons. Total to date there 4p
• have been shipped 2908 cnrloiiiN. of ®
& which 738 were, lemons. Last season <•*
•■ to date there were shipped SSIO «'»r- ■•
<«> loads, of which 709 were lemons. N
• -•
do preferred ss
600 MStP &S S M..137»i 133 135 1M
„ do preferred •■' liil ***
300 M X & Texas 48»4 « 7i 4614 46"i
do-preferred ■■ 72 i 4
6,4110 Missouri Pacinc .. 7" 664 6fi'4 66\
3,000 National Lead .... 87 844 84 M
do preferred 11014 112
100 National Biscuit... 115 115 113 114%
do preferred ■■ 1-3 -'
200 N V Air Brake.... 91!4 91 B0 So'|
17.700 N V Central 122»* 119% IWi 1-"
1.000 -V V C& St L.... Sl'. 60 60 62
do Ist preferred. .. .. 108 110
do 2d preferred.. .. •- 88 93
NYX H & Hart 155 150
2.600 N V Ont * W 479, 464 46 • 46}S
6,400 Norfolk & West... M 961 i MHj 57
do preferred 89 91
2,200 North American .. M 7H ""■ 80
12,000 Northern Pacific ..13S", 13«y, 1.16 1* MW
Omaha »1 'p«
do preferred .. 180 175
100 Pacific Coast IWH U»H 113 117
1.600 Pacific Mall 30 »* ;:3>i 33!,
44.700 Pennsyl R P. C 0..135 1;'.!% 132% 133
8,500 Peoples Gas 114H IW. H2H IIS
2,900 Plttsburg Coal .... 25U 21>4 21% 91
800 do preferred 79 75 74 75
600 PCC& St L. si'ti 87 35 57
do preferred HO 1-"'
2,600 Pressed Steel Car. 48?4 4714 464 47
do preferred 105 107
600 Ry Steel Spgs Co.. 484 47', «7« IS
100 do preferred 106V4 108 M 106^ 107
196,600 Reading x-dv S pc.l64>. a 160 5. 160% ICI
do Ist preferred 92 93
100 do 2d preferred.. 1034 103H 102 l":
7 l«i Republlo S & 1.... 43- 41\ 41', «*.
1400 do preferred ....103H 102 100 102
700 Rock Island Co ... 40H 44 444 4t»i
1600 do preferred 87 S4 lj 80 81
800 Sloss 8h S* I Co. 83 mi 82 M
do preferred •• •• Ill'
St L & Flat pfd .. ■■ JO 72
2,000 do 2d preferred.. B7Vi 504 Ml* 67
BOOSt L& SW 3:'* 31-4 31 »1H
1,000 do preferred 74\ 73^ 73V4 ox
68.500 Southern Pacific ..134H 130' i l3lAla 130 -*
4,500 Southern Railway. 31j, ""i 3'»» SOTi
1,600 do preferred 72 (9 68 694
300 Term Copper 37>i 37 36'j .!. ■*
6.100 Texas Pacific 84% 32 88% 32V,
3,100 Third Aye 174 1« 1" 16 »
500 Toledo st I. &W. B2V* 614 50 51
600 do preferred 71 70 69"4 70
100 Twin City R T ...Hi 114 113V4 114
Union Bag and P « «■
do preferred ■■ "l '*
108,300 Union Pacific l»«'i 193"i 18S% 1M
1.700 do preferred 103«4 1004 10034 10114
800 United Rds of S F 41% 41 4" 2 41
do preferred '"'» '"'i
400 U S Cast I Pipe... 29* 29", M 59
do preferred •• 83 84
1,900 U S Rubber 481» 4«4 4', «J4
2 100 do Ist pfd, x-d 5.113H 112H US «:4
do 2d pfd. x-d 14 •■ ■• 81 S3
268,700 U S Steel Cor .... 874 M* 844 to
2 000 do preferred IS4 122% 122H 123
14.700 Utah Copper 564 Kl* -"-"i 63
8 800 Va-Car Chem Co.. 66% 64'» 644 M*
100 do preferred US 128 125 1-1
Wabaah 234 21 21% 22
1.500 do preferred 64 484 484 49
Well-Fargo Ex 1"" I*
1.300 Western Union ... 75H 744 74'» . 744
2.000 Westlnghouse 78 74 74 16
300 w& l E « s?i ''» 61
SOO do Ist preferred.. 11% l"l MM »
, 900 do 2d preferred.. 6'« 6 6% •
100 Wisconsin Cent ... *■' 49 45 5.
600 Am Hide and L. 7»4 74 74 7%
200 do preferred 45 43% 43 44
300 Amn Agr & Chem 47 46,4 46 4614
do preferred ■■ *°
""200 Beth Steel 33 32% 31 S3
.... do preferred »1 67
1,900 Nat Enam Si 5.... 26 23H BH ■ -44
do preferred -• & 10°
""ioo Pac Tel and Tel.. 43 *<>% M 41
do preferred ■■ »0 5J
""300 U S Realty 81% 81 81 ; . 82
3 500 West Maryland ..604 «<i 48V, 494
Total sales, 1,263.700 shares.
NEW YORK BONDS
Special service to The Herald by J. C. Wil- ]
son, 212 West Fifth street. Los Angeles, roem
ber New York stock exchange, Chicago board
or trade, stock and bond exchange of San
Francisco.
NEW YORK, Jan. Following were the
closing quotations: nid. Asked
Atehl«m general 4*..::::::::::::::::::!-! ™
Atchlsun cony 4s «»H "JjJ
Baltimore & Ohio Ist 4s 99 89%
I! RT 4s If* „'»
Colorado Industrial 8s ■» »'
V S Realty 5> S3J« 94
Rock Island col 4s Mv» «*
Southern Pacific ref 4s M« »»
Southern Pacific col 4s 92*4 . 92%
Southern Pacific cony 4s « '' '
Union Paelftc Ist 4s 10* "
rnion. Paclrlc cony 4s »-'i »»"
V a Steel la W«J ]2«»
United Railway 4s «'* --,"
Wabaah deb 4s J» 10*
Western Pacific 5s 9.*» J'^
Japanese 4s JJ* „ .'"
Japanese Ist 4'.,s »W 96'^
Japanese M 4*4» »«* *'
DS is regd JW* 1'" 1'
U S 2 coupon «»« •• ,
Vs 3 registered «* 102 =
U8 3s coupon JJM4 ]•;- -
r S 4s registered J} 4J4 {"Jj
Xt 34s coupon '< •« ',"
Panama 3s ™ j J
Panama 193S's l"° 1"1
TREASURY STATEMENT
WASHINGTON. Jan. -The condition of
the treasury at the beginning of business today
was as follows:
Trust funds—Gold <-oln. J574.786.569; silver dol
lars |484,452,0f10; silver dollars of 1890, 83.9:10.
--0- silver cnrtinc.ites outstanding, 1484,482,000.
General fund—Standard silver dollars In gen.
era! fund, 625,699: current liabilities. |10Si220>
„-,-. working balance In treasury offices, 181,.
»-" 096; in banks to credit of treasurer of the
' United States. J36.153.5i7; subsidiary sliver coin,
' Jl7 551.152: minor coin. »1.0U,7aD; total balance
, In 'general fund. J70.135.H19.
BRADSTREET'S REVIEW
NEW YORK, Jan. 14.—Bradstriet's tomor
row will Bay:
Reports as to trade and transportation re
flect variations of weather, Irregularity affect
ing sales and movement of farm products, coal
supplies and •print goods to various mar
kets.
Retail trade in winter goods lias been helped
by cold. Btormy weather and the usual Janu
ary price revision. A very fair volume of or
ders is reported by jobbers, while the volume
of orders for spring reaching wholesale houses
from travelers Is fairly good.
Transportation lines, especially in the north
and west, have been hampered by stormy!
weather, and the movement of crops has been
Interfered with. Something approaching a.
coal famine still exists in many western
points. Building operations have naturally
been retarded by stormy weather and there Is
promise of damage on rivers on account of
the ice gorges.
Industries seem to be actively employed,
notably Iron and steel and shoe manufactur
ing. Best reports as to new business In iron
and steel come from the west, while the east
ern markets are rather quiet. There Is some
disappointment at the volume of buying of
rails by eastern roads.
Business failure* In the United Slates for
the week ending with January 13 were 291,
against 271 last week, 319 In the like week of
1909. 331 In 1908, 231 in 1907 and 279 In 1906.
Business failures for the week number 44,
which compares with 33 for last week and
38 for the like week in 1909.
Wheat. Including flour, export* from the
United States and Canada for the week end
ing January 13 aggregate 2,977,183 bushels,
•gainst 3,183,145 last week and 3,210, this
week last year.
COFFEE AND SUGAR
NEW YORK, Jan. 14.—Sugar—Raw firm;
Muscovado 69 test, 3.67 c; centrifugal 9i test,
3.17 c; molasses augar N test. 3.42 c. Refined
sUKJir Htemly: crushed, 5.80 c; granulat.Ml,
6.150: powdered, &.-:,<.
Coffee-Spot steady; No. 7 nio, « U-l(.&8«ic;
No. t Santos, S'aS'.i'-.
LOS ANGELES HERALD: SATURDAY MOHXINC JANUARY 15, 1910.
SAN FRANCISCO STOCK
AND BOND EXCHANGE
Special service to The Herald by .T. C. Wil
son, ;i2 West Fifth street, Los Angeles, mem
ber New York Stock exchange, Chicago board
or trade. stock ana Bond exchange of San
Francisco. — ■
/ ■
BAM FRANCISCO, Jan. 14.-Followlng were
the closing quotations;
MISCELLANEOUS BONDS.
Bid. Asked
Assooiutetl OH Co r,s „ - 99
Bay Counties Power Co 61 103%
CaJ Central Gas and Blec ;>» 108' i
Cat Oa» and Eleo gen MAC C 65....1*)1!, 101
California in Cablo Co 5s I'M
California Wine tug „s s:i 91
City Electric Co 6a ill
Contra Costa Water Co us 100 10l
Contra Cost* W Co gen mtg os <JI«;
Edison Elec Co of L A 5s Ml",
Edison Light and Power ti 108
Ferries & Cliff House ny 6s 101
Hawaiian Com) and B (a LOovi
Honolulu R 1 and L. Co 0s 108
Lake Tahoe Ity and T Co is 9» 100
Los Angeles El*c Co us 1014
Los Angolea Railway us 108?, ..
Los Angeles Lighting gd r.s 10814
1. A-Pac R R Ist cou mis 5s I"7> •
L A-Pao X R of Cal it 101
Market Street Cable its 10314
Market St Cable Ist cons mi* .'»•-. .. 1034
II v & Mt Tamalpala S ny us 100
Northern Uy Co of Cal Bs n,\
Northern Cal Railway b* 1"_"2 103
Northern Electric Co 6s M U3
Oakland Gas Light and H 6s 1"2
Oakland Transit Co Us 101 KH%
Oakland Transit 6* 110
Oakland Transit Con 5s l"5 r4 IM4
Oakland Traction Con is ail'j 964
Oakland Traction Co r.s n't :'-"'
Oakland Water Co gtd 6s 'J6
Omnibus Cable Railway tis .*.?.. 108H
Pacific Gas Imp 4« 87
Pacific Electric l:y Co Ok 10554 106
Pacific Light and Pow Co .'* 10
Pac Light and Power gtd ss* 10014
Pacific Tel and Tel Co 6s 10J lOOVi
I'ark & Clifr House Ry 6s li'J
Park & Ocean X X G» „100
People's Water Co 6s 72
Powell Street Railway 6a M-"i 10J ■
Sac'to Elec t3as &Ry Bs V)Z%
8 I" Oak & San Jose By M mtg us !>l% 834
S F Oak & 8 .1 Con By 5s 94%
Sierra By of Ca! Ha l"'i
B i' R X of Ariz 6s, 1910 100
S P l: It of Cal 6a, 1912 105
S i' i: r of Cal Ist c (.-t.i g 55....nr.' 8
S P Branch Ry of cal lis 127',-j
S I' R It Co Ist rMg 4s 94T,
Btockton Gas and El Corp 6s 104 ..
.s V Water Co gen mtg 4s UK
United Oas and Eleo Co 6s M 100
United R R of S F 4s 74»i 74 7,
Vallejo, Benlcla & Napa V RR 6s. 70 ' ..
Valley Counties Power Co 6s 1014 1"3-
WATER STOCKS—
Marln County 60
Spring Valley Water Co 44Vi 44';
GAS AND ELECTRIC STOCKS—
City Electric Co 50 51
N Cal Power Co con 4S'j 43
Pacific Lighting Corp com 51! a
INSURANCE STOCKS—
California Insurance Co 81
Fireman's Fund .., 230 2374
STREET RAIt,ROAD STOCKS—
California iao Hi
Presidio 23
POWDER STOCKS—
Giant Consolidated Co 78V4 79
SUGAR STOCKS -
Hawaiian Coml and Sugar Co 37% 88
Honokaa Sugar Co 81H 224
Hutchlnson Sugar Plantation 184
KiltaU'a Sugar Plantation Co .... 14 17*4
Mnknwell Sugar Co 53 54
Onomea Sugar Co 63
Paauhau S P Co 2S<4 25
Union Sugar Co •■«
OIL STOCKS—
Associated Oil Co 4."
Sterling Oil and Oev Co 3". 4V4
MISCELLANEOUS STOCKS-
Alaska Packers' Association 89V4 BS%
Cal Fruit Canners" Assn 101 102
M V & Mt Tamalpals S Ry 100
Pac Auxiliary Flro Alarm .'.. 3
Pacific Coast Borax Cc 154
Pac Tel and Tel pfd »6% SS
Pac Tel and Tell com 43 - 44
Morning sales— Sierra 6s nt 10."; 12,000
Spring v. Water i- at ''■•'•-, 13.000 do at 90-H;
13,000 do at 60%; MOO do at 90% i 24.000 do at
91; 12,000 Bay C I' 5s at 103%; SOOQ Ijos A G and
1: 6s at 101' i; 20,000 Cal Gas and X 6s at 100%;
13 Alaska at 89%; 100 do at 894; 70 do at 89%;
ISO Asßd Oil at 4!H = : 31) City Elec at 49%; 60
Hawaiian at 37*4; 100 do at 37 74; 300 Onomea
at 63; 183 Spring V W at 44%; 90 do at 40; 20
do at 41",
Afternoon sales— looo Oak Traction Co 'is at
934; 1000 United Ry 4; at 744; 1000 Key Routo
>l 5s at 95; 4000 Cal Gas and Kino El at 100%;
1000 So Pacific refg 4s at 94%; 1000 C C and W
6* at 100; 1000 C C and W 2d 5s at 91%; 1000
Spring V W 4s at 90%; 22.000 do at 904; 10
Alaska at 59%; 30 Aatd Oil at »C"«; 65 do at
49*4; 5 Anlo S P Bank at 140%: 80 City Elec
at' CO; 6 do at 60%; 600 Hawaiian at 37%: 200
do at 37%; 100 Onomea at 63; 86 Spring V W
at 44? i; 90 do at 444-
DUN'S REVIEW
NEW YORK. Jan 24— R. O. Pun ,t Co.'s
weekly review of trade tomorrow will say:
Notwithstanding the seasonable lull in busi
ness, general conditions are normal and the
volume o!' trade as measured by bank ex
tiianßt* an,i railroad earnings is heavy. There
ll a Wide diversity of reports from the dif
ii. ut tradea and trade centers, but even the
leaM satlafactory indicates no fundamental
weakness, while a majority of the reports,
■ those from the cities fafthest re
poved Irani the influence of the unsettk-.t
conditions In the fin.ilii-ial markets, show a
healthy condition of affairs.
An increased demand for pis iron is indl
i::d prices show a hardening tendency
In some diatricta, infinity is broadralag quite
generally, with sales or from 4". to 80.000
t'jns of varloui gradea noted In the wept,
while bualnesa in some pan? of the east ihowa
an tipprecialife expanalon, mostly in malleable
iron.
Trade in cotton goods waa restricted to some
■ by unsettled condition! in the raw ma
terial market, although in the face of a
sharp decline In the slanle there were large
oatei of print clothf ;i' the advan 1 pri.:e of
4'i centfl for deli%*ery during the lirst six
monthi of the year. There wae alio n ahort
enlrp of diacounti on printed goods of a sta
'i;iracter, foreibadowlnfr, to pome buy-
Bra, an advance from the ba ol ■"•'
--oents, more aotlvlty i^ noted In hid .
large tannera i ntering the market.
Prices were lower than have previously ruled,^.
but tin 1 decllnea were not oonviderlng
that most apeouUitoni w lio sold were enabled
to clean out their stocks of branded varieties
up to the first of the year.
NEW YORK COTTON
Special urvbM to The Herald by J. C, Wil
son, i.'l'J "West Fifth street, Los Angl :
NEW YORK, Jan. 11.—Overnight Boiling or
ders gave a slightly lower opening, particularly
In near options, after which the market stead
ied Itself and showed a feeble rallying power.
In the afternoon, under the uncovering of
"stop logs orders" anil a flood of long cotton,
prices gave way rapidly, carrying all options
to the lowest on this movement. From the low
level some rally took place, principally on
short covering and half-hearted in.side support.
But even with the market at this level it does
not show any signs of lasting Improvement.
Opinion remains unchanged that the position
is such as to make Inadvisable the long Hide,
and to probably create a still lower range of
prices.
Liverpool due 7H lower on October and 10 to
15 lower on other positions. Opened easier at
a decline of 8 to IH4 points. ' I
Port receipts for, today estimated at 20,000;
lost week, 24,450; last year, 47,706.
Following were the quotations:
—Close—
, Open. High. Low. Bid. Ask.
January 14.68 14.68 13.85 13.66 13.71)
February •■ 13.68 13.75
March 14-60 14.74 13.49 13.75 33.83
April 13.78 13.86
May 14.«B 14.92 13.T0 13.90 13.97
Juno 13.&0 13. 05
July : 14. 14.90 13.69 13.91 33.97
August 14.38 14.51 13.49 13.65 13.75
September 13.50 12.00 12.90 13.00
October" 12.90 13.05 12.65 12.70 12.80
December 1-70 12.85 12.50 12.63 12.70
Spot cotton, 14.45; 60 lower; excited and ir
regular.
It's v easy to secure a Dargaln In a mil
automobile, through want advertising, as It
sjaed to be—and still Is—to secure a horn
and carriage.
FINANCIAL
LOS ANGELES, Jan. 14 —Bank clearings
were J2.885.62&79. an Increase of 1591.640.85 as
compared with the corresponding Bate of lft»t
year. Following Is a comparative statement:
1910. 19«>. 1908.
Monday ...,»2,4311.«:»9.79 11.903.M7.40 J1.892.U5.C1l
Tuesday .... 2.4.-.5.154.57 2,M8.;..12.:9 1.64H.343.M
Wednesday.. 5,9T»,51».7J 5,69».T«4.J5 1.637.1554.U
Thursday ... 5!41».«7.91 1,833.3:7.01 1,631i,900.<i0
Friday ?,385.652.79 1.7 M.081.94 1,567,124.94
LOS ANGELES STOCK EXCHANGE
The volume of business transacted on the
Los Angeles stock exchange yesterday was ot
fair lisa and covered the whole list.
In the bond list Associated OH sold at PS,
and 10 bonds changed hands at this figure; the
market closed 97% to 98>4. The Rome If sues
daring the morning were Borne stronger, but
clotwd 864 to 874.
Citizens National Bank continues to advance;
closed 223 and none offered This Is one point
over Thursday's market. The commercial Na
tional sold at 141 mil dosed 140 bid. i
The trading In the Industrial list was con
fined to 13 shares of Homo Telephone preferred
around sett, and this stock closed strong at
U<fi to 57. San Diego Home utrenicthenod some
durlnsr the afternoon and closed at 23 to 24"it.
American Petroleum common sold at 754 and
about 50 shares changed hands at this figure.
The closlnff sale on Associated Oil was the
lowest of the day at It, There were only 00
shares old, opening at -!:'"«.
Mexican Petroleum common broke during the
morning on »mall sales, the first at 2l!i, and
the last sale In the afternoon was made at
23' i. But 30 shnres . hanged hands. Union Oil
was some weaker In a dull market. Odd
shares sold .1' 104 and 303*,, while the stock
changed hands at 1034.
The Columbia Producing company has de
clared itp regular dividend of '« of 1 per cent
and an extra dividend of >- of 1 per cent, pay
able on the 2r.(h of this month. The books
close January IS.
President Neville has named the following
standing committees:
Auditing commute—John Barle Jardlne, John
E. Marble, Luther 11. Green.
Special committee on telepraKhlc quotations,
etc. V. Irwln Herron, Fielding J. Btllson,
John E. Mil: We
Special committee on commission rates—Jo
seph Ball, D. C. Sullivan. ]■:. 11. Newland,
Hooper C. Dunbar, Albert Henri.
Morning Sales
10 Associated oil Co bonds at 9S; B Home pM
at 56; 10 do at 56.M; 40 American Pel common
at 75.50; 10 Associated Oil at 49.37H: SO do at
49.12' i; 10 Mexican Pet Ltd common at 24.25;
10 do at 24; 200 Rice Ranch Oil Co nt IS; i" do
at 84; 5 Onion Oil at 104; 4 do at 103.75; 3000
Cal Midway at 20.
Afternoon Sales
10 Commercial National at 14"; 80 Associated
Oil nt 49.12' a: 80 do at 19; 1000 Jade at 37! i:
II) Mexican Pet Ltd common at 23.50; 100 D Pal
mer Oil Co nt i"7' : : SO Union at 103.50; 1000
Cal Midway at 20. Off board: 1000 Cal Midway
at U0; 10 Amer Pet common at 70.50.
Bonds
■ Bid. Asked.
American Petroleum Co 67-} i ySU
California Pac Ry '" 105
Corona City Water Co 86 1"1
Corona Power and W Co 85 101
Edison El Co, Ist ret 101
do, old i- lie ..■■■ 104 >'''•
Horn* Telephone Co rTT... 88H "•''-
Home •]'•■] Co Ist refit '•• ':■ 11%
[i A Pan Ist con mtgs M7',i
1, A and Pasadena El Ry '•'■"' ID'
1. A Railway Co 1"8 110
1, A Traction Co «s 107 114
do os 108
Mission Trans & R Co 97
Pao Elec Ry Co 100 108
Pac Light and Power Co BS
Pasadena Home T anil T Co 80
Pomona Con Water Co 96
Riverside If T and T Co "9
Riverside Light and P Co 101
8 Monica II T and T Co 80
San Dle-o H T and T Ist mtg. ... 80
Santa Barbara BSleo Ry 94
Temescal Water Co 09
United Bleo O and P Co 101
Union Transportation Co 96
V 8 Long Distance T and TCo ... 80
Vlsalla Water Co ..'. 100
Whittier Home T and T Co 00
Banks
Bid. Ask.
AH Night and Day Bank 115.00 140.00
American Savings Hank 141.00 170.00
Bdway Bank and Trust 140.00
California Savings 118.00 145.00
Central National ISO.OO 200.00
Citizens National 223.00
Commercial National 140.00
Equitable Savings Ban* 175.00 210.00
Farmers and Mer National 250.00
rederal Bank tfLA 14.00
First National 495.00 5.20.00
Gorman American Kvgs 330.00 337.50 •
Globe inKs Fame 127.00
Home Bavtnga Bank of I. A.. in.no
Merchants National 630.00
Merchants Bank and T Co 195.00
National Bank of Cal 190.00
Security Savings Bank 375.00 410.00
industrial and Public Utilities
Bid, Aak.
Cal Portland Cement Co 150.00 100.00
Edison Electric ptfl SI. 82.50
Edison Electric mm 61.00 62.25
Hawaiian Com and Sue 37.00 35.00
Homo Telephone pfd 06.60 .67.00
Home Telephone common 9.00 10.50
I. A Athletic Club 10.00
L A Brewing Co 125.00
L A Investment Co 3.00 3.10
Mexican Nat'l Has pfd 45.00 65.00
Mexican Nat'l Gas com 30.00 ..T..
Paauhau S 1' Co 27.00 28.00'
Pac Mut Life Ins Co 260.00 31"."0
Pasadena H T and T Co 40.00
Riverside Home T and T Co 35.»
San Diego Home T and T Co. 23.00 24, MM
Santa Monica BUT pfd 25.00 32.00
Sun Drug Co 1.00
Seaside Water Co 100.00
Title <", and Tr Co pfd 248.00
Title I and Tr Co pfd 175.00 225.00
Title I and Tr Co com 176.00 225.00
Title I and Tr Co Ser C 176.00 225.00
Union Security Corp pfd 100.00
Union Trust Co 42.00
Wbittler H T and T Co 90.00
Oil Stocks
Bid. Ask.
Amalgamated Oil 60.00
American Crude Oil Co 1.10
American Pet Co pfd 97.60
Associated on 48.60 49.00
Brookanire Oil 1.20
Centra] 1.34 1.35
Cleveland Oil Co .30
Columbia 1.15 1.24
Continental Oil 35
Euclid Oil Co so .60
Fullerton Oil 3.10
Globe ; .18
Jade Oil Company .35U
Mexican Petroleum 1.20 , 1.30
(ii an Pel Ltd pfd M.* CS.SO
Mexican Pet Ltd com 23.00 24.00
New Pennsylvania Pet Co -„.70
Ollnda Land Co (Oil) 35 .1"
Palmer Oil Co 1.07 ■ l.lOli
Perseus Oil Co .33
Pinl Oil and L Co 17
Reed Cru le .2ti'i
Rice Ranch Oil Co SO
Section Bis OH Co .:,S
Traders' Oil Co 111.00
Union 108.87 Vi 104.60
Union Provident Co 102.00 103.50
United Petroleum 103.00 100.00
West Coast Oil pfd 9.00
Western Union 140.00
Yellowstone Oil Co .50
NON-PRODUCERRS-
Callfornla Midway Oil Co 20 .20',
DAILY MINING CALL
Morning Cales
1000 Coalition at 20; 1000 California Hills at
4%: 1000 do at 4',j.
Bid. Asked
Cal Hills MCo 04
Consolidated Mines Co *.. 01H
MEXICO- <
Clark Copper Co '. 04 .0(»i
NEVADA—
CJoldfield Con Mines 7.6714
Johnnie Mn and M Co 07 .07<4
Quartette '„ 1.00
Searchlight Parallel 01 ' .02
PACIFIC COAST TRADE
BAN FRANCISCO, Jan. 14.—Flour—Family
extras, f6.6oij#7; bakers' extras, J6.6iJi(7; Oregon
and Washington. |5.6085.90.
Wheat—Shipping. lI.MM: milling. $1.95,
Barley—Peed. »1.41J4«1.435i; brewing, f1.43;
Chevalier, *1.6(K5;1.65.
Oats—Red, 11.62V4@1.72M; white, f1.70Q1.7C;
black. f1.55®2.30. - ,
Millstuffs— Middlings, $34036; mixed feed, 128
<;;. rolled barley, sM'u3l; oatmeal, f4.40iQi4.60;
oat groats, 14.60; rolled oaU, |39@40.
Hay—Wheat, lUOU-Mi wheat and oat, H3ip
17; wild oat, Jl'i^lt; tame oat, f12@16; alfalfa,
»«(&12; straw, EOo7to,
Receipts— 1142; wheat, 600; barley, 8600;
oats, 250; beans, 300; potatoes, C 025; onions, 300;
middlings, 280; hay, 611; hides, 510; wine, 48.600.
Beans—Pink, |4(&>4.25; Lima, f4.i0gi.20; small
white, J4.75i5i4.80; large white, 40%3.D0.
Potatoes—Oregon Burbanks, $1.20@1.30; Sa
llnea Burbanks, f1.25@1.43; Merced sweets, Jl.;o
''i I.C. y
Onions— 11.10; common, fl.
Various—Green iieas nominal; string beans
nominal: egg plant, 10@15; green peppers, S'.f
Uo; tomatoes, fl®2; rhubarb, 4t»7c; garli. 4'if
tc; mushrooniß, 7»ci(il.2i.
EGG QUOTATIONS
DOWN TWO CENTS
All Kinds of Cheese In Active Demand.
Fresh Butter Is Fffmer on
Lighter Re.
celpt*
Increased receipt! of local eggs today re
sulted In a drop of is In Quotations, so that
present stock may move fre.e.ly before ar
rival of heavier shipments, which are ex
pected by dealers. if
Butter receipts were a little under 10,000
pounds, about the 111110 as on same day a
year ago. No change In prices.
Cheese was in sharp demand, many of
the dealers being sold out.
Potatoes and onions are more plentiful.
Sweet potatoes rose to 82 fiat.
Strawberries are Jobbing at 10-51' Il' tc for
a ■■'«-!' Wild basket.
Enough fish to supply the demand.
Receipts of produce were: i:.t«, 126
cases; butter 8944 pounds; cheese 1056
pounds; potatoes. 4730 sacks; onions, 400
sacks; sweat potatoes, 460 sacks. '
Produce Prices
Following are the Dally Market Reporter
wholesale quotations: _
EGGS—Local ranch, candle.,l. extra se
lected, 3So; (oral ranch, candled, Ho; local
ranch, case count, buying price, ;;:;'■, east
•rn fresh. Ssc; eastern storage, packed
extra, 30c; i. torn storage, seconds, 2Sc.
BUTTER — California creamery extras, 2
lb. roll, 771£ c; California creamery firsts, 2
]b roll, 6TV4c. eastern creamery, extra?.
«7'*c: cooking butter, :6c;. ladle butler,
1(0 27e.
CHEESE — Northern fresh. 20c: northern
storage, lOITSOc; Oregon Daisy, 21c; eastern
singles, l9O30o; eastern twine, 19SJ21c;
eastern Daisies 20c; eastern Long Horn,
30c; eastern Cheddars, 2O(ip2lc; Imported
■win 30©31; Jack cheese, ISc; domestic
swl.-s. Did cream brick. 20c; Limhunjer,
20W21C; Roquefort. BSlS'4oc; Edam, 18.000,"
9 00: Canadian cream, per box. $1.00.
BEANS— No. i pink, J1.905f5; No. 1
Llmas, $4.40©4.50: No. 1 Lady Washing
tons $4 2104.10! No. 1 small whites. $5.40
1ff5.50; No. 1 Blackeyes. $4.75; No. 1 Gar^
vanzas, $3.90®4.60; No. 1 Lentils. California,
$7 00 i 8.00.
POTATOES—Highlands, per cwt.. $1.10
01.33; Lompoc, per cwt.. $1.6501.73: Wat
tonvllle, per cwt., fl.Boi9l.tt; Oregon Bur
banks, per cwt. $1.50©1.80; Oregon Early
Rose, per cwt., 5001.60; Salinas, $1.50®
1.65: yellow sweets, per cwt. $2.
ONIONS —Northern Australian brown, per
cwt., $1.60(3 1.75; Oresohs, {2 cwt; garlic.
8S!>10e Ib. »
FRESH FRUITS— Bellelleurs.
4-tier $1.505f 1.65; Bellefleurs. -tier,
$1.35; Oravcnsteins. 4-tler. $1.00; Graven
steins, 454-tler, 90c@$1.00; Hoovers, 4-tler.
$2.25; Jonathans. 4-tler. $3.00; Pearmalns.
white winter, 4-tler, $1.60; Pearmains. 4'.4
--tier $1.35; Pearmnlns, red, 4-tler, $1.60:
Pca'rmains. red, 4V4-tlcr. $1.20: Smith's
Cider. 4-ller, $1.50; Smith's Cider. 4',4-tler.
$1 If, Ben Davis, 4-tier, Col., $1.6501.86;
Newton Pippins, 4-tler. 51.50; Mo. Pippins,
4-tler. Col., $2.00; Mo. Pippins. 414-tler.,
Cal, $1.25; Mo. Pippins, 4-tier, Cal., $1.50;
Roma Beauties, $2.60<8'2.75; Spitzenburgs,
4-tler $2.50; Ganos, $1.75®2.00; Winesaps,
4-tler. Col., 13.7991.00; Winesaps. 4-tler,
Cal.. $1.76: Winesaps, 4tier, Cal.. $1.85.
Berries: Strawberries, fancy, per basket.
84f12c; strawberries, choice, per basket; Jo;
cranberries, per barrel, $10.50® 11; rasp
berries, per basket. 10c. Citrus: Grapefruit,
seedlings, $2.60@55.00; lemons, fancy, $3.50;
lemons, choice, $1.76; oranges, fancy Navels,
$3.25®2.75: oranges, Tangerines, *& box,
$1.50; oranges, Valenclas. fancy, $2.50©
3.00; limes, 20-lb. box, $1.25.
TROPICAL, —Banasas, per lb., 4We; ban
anas, red, per lb.. 6c; dates, Fard, Ib.. 94J
lie; dotes, Golden, lb, B>4c; Persian, 1-lb.
rkg'. 9c; Alligator pears, doz, $5.00; pine
apples, 6i^7o.
MISCELLANEOUS—Pears, winter Nellls,
picking boxes. $1.6001.76; cantaloupes, local,
crate. Jumbos, $2.50@3.00; casabas, crate.
$1.6001.70; melons, $3.00; grapes. lug
boxes, $1.255>1.50; Guavas. per baskot,
4c; peaches, box, $1.25; pomegranates, sc;
quinces, per box. $1.25; watermelons, per
lb., l!4o: persimmons, per lb., 6Sj>Bc.
VEGETABLES — Artichokes. Northern,
doz., $.1.2501.40; Brussels sprouts, Northern,
lb., 8090; bell peppers, lb.. 10c; beets, sacks,
80c; string beans. Ib. 15c; green cabbage,
sack, $1.25; red cabbage, lb., 2c; carrots,
sack, 80c; cauliflower, doz. 40@G0c; celery,
doz., 50iij60c; celery, crate, $2.50®2.70;
cucumbers, $1.5002 dozen; corn, green, box,
50@C0c; corn husks, cut, lb., 5(«Gu; egg
plant, lb., 6@Sc; leeks, doz., 35c; oyster
plant, doz., Ss#4Oc; okra, lb., 8®10e; let
tuce, ct, $1.50@160; peas, lb., 15{i'JSc; pars
ley, doz., 2."c; parsnips, doz., 40c; rhubarb,
crimson winter, 86u; rhubarb. Northern
Strawberry, box, 85c; spinach, doz., 20®250;
summer squash, per box, 75c; squash, Hub
bard, lb.. HB>l',4c; young onions, doa., lo(g!
15c; turnips, sack, 80c; tomatoes, $1.25 box.
DRIED —Apples, evaporated, lb.,
10'iillc; apricots, lb., 12ij)15c; figs, loose,
white, box, $1.25,; figs, loose, black, box,
11.25; peaches, lb., 7@>Bc; pears, lb., 116*
12c; plums, lb., 12'$c; nectarines, lb., 9((j)
10c.
. PRUNES—2O-30s; 10c: 30-40S, 9c; 40-50S,
;>£<:; 50-COs, o'^c; 60-70s, 6c; 70-Sos, s'lc;
80-90 S. 6c; 90-lOOs. 4 lie.
RAISINS —Muscatels, 2-crown, loose, 50-
Ib. boxes, lb. Hie; 3-crown, lose, 60-lb. box,
lb. sc; 4-crown, lose, 50-lb. box. lb. tic; Lon
don layers, 2-crown, lose, 20-lb. box» lb.
$1.10; S-crown, $1.25; 4-crown, $1.65; 6
crown. $1.90; Sultanas, bleached, lb. y^llc;
unbleached, 3V4@4c; seedless. 16-oz. pkg.
654 4i-7',: c; 12-oz. pkg. S^icC^O.
NUTS— Per lb.—Almonds, fancy, IXL. 17c;
No Plus Ultra, 16c. Brazils, 14! i cocoa
nuts 85c0$l.OO; chestnuts, ll@12c; filberts,
14@15c; hickory, Sc; pecans, XX, 12<Ao;
XXX, 16c; XXXX. 17c; eastern peanuts, 7c;
Japan peanuts, 9c; Spanish peanuts, No. 1
shelled, 10c; pinenuta, 20o; No. 1 S. S. wal
nuts, 13',a'(iHc; No. '2, 10c; Jumbos, 178
18c; budded, 18@20c: eastern popcorn, owl
$3.75; local.- cwt. $1©3.25.
RICE —100 lbs. —Fancy Honduras, Caro
lina. $7; choice Honduras, Carolina, $70
7.25; Japan grades', $4.654j: 5.00; island, $0.25;
broken, $3.60.
HONEY —Per lb. —Water white, extracted.
77 Vise; white, extracted. 7c; light amber,
extracted, 1: '•( "> c; water while comb,
lib-frames, ISc: whit", comb, frames, 15c;
light amber, comb, frames, 12@iaHc; bees
wax, per lb. Joe !4
LIVE STOCK —Packers pay t, a. b. Los
Angeles for beet steers, -Ui & 4',i c; beet
eteers, 3',«®4c; beef heifers. 3Vi'i^4c; uuel
calves, sc; mutton, weathers, $4.5005;
mutton, ewes, $3.7b®4: mutton, lmbs, fij/
8.25; hoKS, 7',2C.
POULTRY —Buying prices In the country:
(Per lb.) —Hens, 170180; old roosters, 10c;
stags. 8c; broilers, 1 to 2 a.-., per lb. 25c;
fryers, 2 lbs and up, per lb. l'2c; ;\iasters, 3-
Ibs and up, per lb. 19c; geese/ Hie; ducks,
18c- squab pigeons, dozen, $1.60; turkey
hens, S-lb. and up, .22c; young torn tur
keys, -2c; old toms. 21c.
CHILI — Per lb. —Evaporated, strings, 18
{220 c; lose, ISo; Mexican black, Siail6c,
green, to; chill teplns, $1.25; Japan, 15c;
corn husks. 7®-oc.
H\y (Baled). The following quotations
are furnished by the Los Angeles Hay Stor
age Co. (Per ton) —Barley or wheat hay,
$12.50016.50; tamo oat hay, $15<i115.50; al
falfa, $13.50®16.
MILL FEED—Bran. $1.60; whoto corn.
$1 75- cracked corn. $1.80; feed meal, $2;
rolled barley, $1.60; oil cake meal. $2.50;
shorts, $1.85; Kaffir corn. $2; white oats,
80; red oats, eastern, $2.25; wheat, ori
ginal sacks, cwt. $2.05; wheat, 100-lb. Back.*
$2.10. *
'"' ' Butter and Eggs at Retail
Butter. 2-lb. fancy »..,■(■
Butter. 2-lb. roll, choice ,C. ■
Cooking butter, 2-lb. roll ::u .i ;;,.■
Eggs, dozen - 42 3,i f{j) 45c
FRUIT MARKET
SAX FRANCISCO, Jnn. 14.—Fancy apples,
TScOfl! common, 50fi65<;; common peara. $1;
fiincy, $1.23; navel oranges, J1.855J2.rjf1; Mexican
limes, J4f.rt.so; common (California lemons, ll.so
'13:51; good to choice, J3W3.50; fancy, Jlr/i ,-•;
bananas, 50c®3.25; pineapples, $282.50.
CALIFORNIA DRIED FRUITS
NEW YORK, Jan. 14.—Evaporated apples
quiet and steady. On the spot: Fancy quoted
at 10V4@llc, choice at 9@9!4c, prim* at Vftdt'Mc
and common to fair at 6@4>Kc
Prunes firm, with small offerings and a bet
ter demand for some grades, quotations rang
ing from 2%@»'/4o for California up to 30-40»
and 6@Bo for Oregon*.
. Apricots firm on the small stocks; choice,
lI'iWUV-o; extra choice, Il',iffil2e; fancy. 1214®
13 V>c.
Peaches quiet hut firm, \wlth little pressure
to sell. Choice, 6%if7c; e*tra choice, 7@7'/ic;
fancy, 7%©80.
Raisins firm, with small offerings on the
Improved conditions on the coast, Loobi Mus
catel. 4®5%c; choice to fancy seeded, Hgi%e;
seedless, »Hffi»ic; London layers, fl.Uol.iiO.
First Exclusive Private Wire House on the Pacific Coast
J. C. WILSON
Ml Mill NFW YORK STOCK KXCHANOE
CHICAGO BOARD OF TKAIIE
THE STOCK AND BOND EXCHANGE. B. F."
CORRESPONDENTS
HARRIS, WINTHROP & COMPANY
OFFICES—HOTEf, AI.EXANHIMA, 213 West Fifth St. .
HOTEL DEL CORONADO. Coron»do
MILLS lIIII.DIM', San- Francltco
i-ALACE IIOXJiI., San Francisco
Open December 15.
Pasadena Clients Will Get Instantaneous Service by
Calling Home 119
B. G. LATHROP, Manager
- t '• ij,y»_TKLEPHONKS— MAIN S7DB
CLEARING HOUSE BANKS',"
NAME . OFFICERB.
' ~~ ~ -—— ■ 8. F. ZOMBRO. President.
Ural National Bank james b. gist, cuhier.
Capital, $300,000.
8. E. corner Fourth and Broadway. Surplus and Undivided Prodis. IMI.OM.
B, & Trust _ „_., X w kknnky. ca»bur.
jadw-y Bank & Trust Company X W- kennei, cashier.
Capital, >i:wi,ooo.
808-310 Broadway," Bradbury building. Surplus and Undivided Profits. $205,001.
" , t> XI «.•«- I ttinL. ■ ISAIAS VV. HtiLLMAN, President.
nited States National Bank F . w . smith, cashier.
U. . . *TT I ISAIAS \V liICLI.NIAN, I'iusldent.
nited States National Bank F , w . smith, cashiar.
Capital, jaiO.OOO.
8. B. corner Main and Commercial. 6urplu3 and Profits. $73.00«.
C— -^~~~ . .T3 * RJ. WAIBHS, President.
.n^ens JNational Barm , w..i. w. woods, cashier.
'„ .- Capital, $1,000,000.
B W. corner Third and Main. Burplus. $500.000.
! . .. . i ta-_i. W. A. UONVNGE, President.
ommercial National Banic newman essick. cubiir.
C~~ !.,•, t, I WA. UUNVNCSI:. President.
ommercial National tsank newman kssick. caabm.
Capital, (200,000.
401 B. Spring, corner Fourth. Surplus and Undivided Profits, $45.00*.
Farmers & Merchants National Bank c'baklb* sctucr. c"ash"9r.
armers & Merchants National Bank charles seyler. ca»hi«r.
Capital, $1,500,000.
Corner Fourth and Main. Surplus «nd Profits, Jl.800,001).
T: : 7~Z, ; ~~ ~~" J. M. ELLIOTT. President.
Ast Na :onal Bank w. i. s. hammond. tashier.•
Capital Stock. J1.2C0.000.
S. SI. corner Second and Spring. Sir .lm and Profits. $1.625.001.
£~b ~ 7 » T „ 7~^o ~t W. H. HOL.LIDAY, President.
■ Merchants National Bank chas. greens, cashier.
rWI Capital. {200,000.
■el 8 E. corner Third and Spring. Surplus and Profits. fg2S.OOO.
N, _ , en ... ~ J. K. FlsiiHUliN. President,
ational Bank of California if. g . mckee. cuhier.
■ Capital, $600,000.
N. K. corner Fourth and Spring. Surplus and Undivided Profits, SlBi.ro*.
LOS; ANGELES SAVINGS.^ANKS ■....
ECUBITTT
Pavings BANK
OLDEST AND LARGEST IN SOUTHWEST
Resources Over $25,000,000.00
SECURITY BUILDING. FIFTH AND SPRING STREETS
GERMAN AMERICAN JAYIMS BANK
1 ■■■ THE BANK WITH THE Jaasaf
EFFICIENT SERVICE 1
RESOURCESEXCEES> $13.000.000-\
J SPRING 8> FOURTH STS. I
CITRUS FRUIT REPORT
CLEVELAND
CLEVELAND, Jan. 14. — Three cars of
navels and one car lemons sold; prices low
on navels on account of Quality and condi
tion: steady on lemons; raining, snowing.
Navels—Troubador, AH. Arlington. J1.40;
Petunia. $1.90; Royal Knight. Rll. Red
land*, $2.20; Del Monte. »1.45. Lemons—
Quail, OK. Ex, $3.95; Coyote, $3.85.
St. i-ons
ST. LOUIS, Jan. 14.—Thermometer down
to freezing point; market weak on navels;
1 car lemons and cars Florldas and 1 ear
Louisiana* sold. Lemons —Justrlte, QC. Co
rona. $4.60; Minerva. $4.60; Camel, $4.45;
Family, $4.25; Royal, $4.50; Sunset, 14.40;
me, $4.15; Corona Beauty, $4.40; Grove
$4.15; (All one car).
BOSTON
BOSTON', Jan. 14. —Two cars sold; snow-
Ing; market unchanged. ■ Navels —Tulip,
TCC. rortervllle, $1.20; Hollywreath, fy, C
CU. $1.25.
. I'ITTSItI'RO
rITTSEfinG. Jan. 14. — cars sold;
market steady on oranges and lemon?; rain
ing. Navels — Gold Finch. SS. El Modena,
$1.70; Red and Blue Label, TCC. Lindsay,
$1.65. Lemons—Gold Finch, TSS. El Modens,
$2.80; El Modenu, $2.30.
PHILADKI.rHIA
PHILADELPHIA. Jan. 14.—One car of
lemons sold; also 7000 . boxes Florldas at
$1.15 to $3.10; average $1.55. Grapefruit,
$1.65 to $2.80, average $2.55. Tangerines, 63c
to $1.50, average .$1.15. Lemons —Pioneer,
eh. Pioneer F. Co., $3.95; Std. $3.75. .
■' - CINCINNATI
CINCINNATI, Jan. 14.—Cold and raining;
market continues very much depressed on
account of condition of fruit; S cars of
Florldas, 2 California navels sold. — Navels
just As Good, TCC. Lindsay, $1.10; Bed
Label. ~ Fame, (sold account railroad) 70c.
Florida Brights, $1.10 to $1.45; Ilussets, 90c
to $1.45. \ •
NBW YORK
NEW TOUK, Jan. 14. — Four cars navels
Bold; market easier; blizzard raging; heavy
snowfall last rrlglit and today, continuing
unabated up to noon. Navels —Iris, DM Ex.
12.55; Violet, same, $2.15; Jasmine, same,
$1.95; Watehumna, Imp. TCC Ex. $2.95;
Oolriim State, same. $2.75; Watehumna,
same, $2.20; Mistletoe, oh, CCU. $1.55: H. &
M. Brand, ' xc. err, $1.00. Seedlings-
Mistletoe, eh, CCU. $1.20. -
CITISIS FRl'lT SHIPMENTS
) Orgs. Lem. Totl.
Thursday Jan. 13.... 120 IS »'
To date this season. .2250 75« 3046
To date last season. .2587. • 778 33E5
CHICAGO GRAIN
Special serviceito The Herald by J. C. Wil
■on, member Chicago board of trade, New
York Stock exchange, and San Francisco Bond
and Stock exchange, 212 West Fifth street,
Los Angeles.
CHICAGO, Jan. 14.—Wheat made quite a lit
tle show of strength early, but turned very
weak later. Clearing weather, a slow cash
trade and reported enormous qountry market
ings of wheat northwest, along* with a big run
to the southwestern market, hav.e been. vital
influences. The trade thinks it sees a loosen
ing up of country, offerings, or at least a work
ing out of the worst of their troubles by the
railroads. This Is expected to count materially
against values In view of the present cash
grain weakness. The early show of strength
was because of the unfavorable quality of Ar
gentine v.Hat arriving at ports. Theories on
wheat are numerous, but the facts are the
things that are counting against the price, and
the facts are a large, Increasing primary
movement lately and to come, and a very poor
cash demand with millers and flour dealers all
stocked up. Cash sales here were limited to
000 bushels, although the market had a very
stiff decline toward the close and finished
much lower.
There was a biff trade In corn, but the mar
ket VII sharply lower and much of the gimp
that ha been a recent feature was lacking.
Nearby territory In Illinois WM loosening up
on offerings today, and the trade la expecting a
run of corn In the near future.
There was, fairly large trade In oatx and the
market has been relatively firmer than other
grains most or iii time, ilnally turning weak
m 35,000 m
account a and 21 i '^S|F
J^^^ lons on deposit for two
mm ... fears' work will make us , ' Vk
m€ satisfied. We did better last year jH
•1 than our estimate, and yet all of mm
91 the friends and relatives of the of- *■
if Fleers, directors and employes and U
If »ur present - depositors haven't \l
n opened accounts yet, but they will I]
1& have by the end of thin year, and Mm
■%- we will have to begin to make new 2*
Jjf friends. If any of oar friends
i # - haven't opened an account, there Is yA
i\ room, and we will appreciate your M
11 account. Dow the bank that has It Fa
mm aow appreciate It? . a
\ALL mm mi
btK% M2k arm iT^.~y j
s
A /Jy> Paid on TERM SAV,
/J&. y{) DW ACCOUNTS. Send
P' * U for the facts.
I.OS ASGKI.KS TRUST & SAVINGS
BANK, Central Bids-, Sixth and Main.
Bay San Diego Home - ,
■ Telephone StocK
Nets 10%
Fielding J. Stilson Co.
305 a. W. HUM-MAN ill.in..
A 2547. Main 105.
raiMsfEfrspiLLS
W*J«. THE IMAKONS lllllg, J^
Jtt% 3^ ir^'w ?*oli<i ■# •O*ei*» ■^R*'jr #1" ystnif
14. 3 |Jl3SfoM» KUAMD PIuSl
Ay 3 yau<luw>nußat.l4CEM,Al«r>killiMl
**-r SUm DRUOGISTS EVERYWM^
at Ilio last. Country reported loosening up on
its offerings here.
Provisions were easier with hogs and grain.
Market was higher early on the limited arriv
als of hogs here and west, but sold off on
profit taking sales later. Packers are reported
to be buying only such hogs as aro needed for
the fresh meat trade. Nevertheless, best hogs
again sold at highest figures of season and for
many years today.
Market Ranges
Wheat— Open. High. Low. Close.
May $1.13% *1.13»» |1.12ti" Jl.ft 1*
July ...>. 1.03% I.<M4 102% I.HH
September M .99 M .98%
Jlly'"" .70 .7014 .68"/. ■ .**%
July :... .W4 ' .so 1", .08 .68
September »S .63V4 .68 .68
May"." 45Vi .49' i .MM .48»i
July <3% -.«% .45 .««
September «'- .«« .43 •*'-
January. '•■••• 22.02% 22.06 22.00 " 22.00
Ma y... 22.25 22.25 22.10 22.10
July " 22.27» 22.27% 22.12VS 22.12V4
Jan"a dry" 13.75 12.75 18.7214 12.8H
M .. .V 12-35 12.35 12.55 12.2°
July .... 12.27% 12.37% 13.20 12.20
January .'......... »-75 11.75 11.75 11.75
May ..... 11.67V4 11.70 11.60 11.60
July ;:;: :: v.to n.mt u.e» 11.6214
Dally movement of produce:
Receipts. Shipments.
Flour, barrels ",900 17.800
Wheat, bushel WOO «.400
Corn, bushel. :::::::::::::::::: 5J8.700 , 233.800
Oats, bushel W?'S- am
i;:,;:"£e,i:::::::::::::: 2.000 3,000
Barley, bushels 55.500 11.200
Cash quotations were as folio Flour
firm; No. 2 rye. 79<,ie820; feed or mixing bar
ley, 66@630; fair to choice, malting;, 70@7<0: flax
seed. No. 1 southwestern. 12.15; no. 1 north
western, 53.21: timothy seed. M.00; mess pork.
per bbl. »22.12!4©22.235; lard, per 100 i lbs, I 2:WV4
£112 75; short ribs, Bides, loose, »11.50@11.5«',4;
short clear .ides, boxed, |».«V69>1».». _
Total clearances of wheat and flour wer«
equal to 77,000 bushels; exports for th« week.
iix shown by Bradstreef.. were equal to 2.677,
--000 bushels; primary receipts were 826.000 bush
els, oompared with > :i»:i.«»io bushels the corre
sponding; day a year ago. . ■ s^J, i
Estimated receipts (or tomorrow: corn, 26*
cur»; oat 489 cars; ho»s, 8000 head.