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Los Angeles herald. (Los Angeles [Calif.]) 1900-1911, February 19, 1910, Image 12

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Persistent link: https://chroniclingamerica.loc.gov/lccn/sn85042462/1910-02-19/ed-1/seq-12/

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12
FINANCIAL-COMMERCIAL
READING SOARS;
BIG SALES MADE
STOCK REACHES 1721-4 ON
STOCK EXCHANGE
STORM BLOCKADE REPORTS NOT
ABLE TO STOP RISE
Preliminary Estimates of the Week's
Currency Movement Indicate*
Large Cash Gain by
the Banks
[Associated Pressl
NEW YORK, Feb. 18.—When the en
ergies of speculation had begun to show
nlgns of flaKSing today they wero ro
vived by the resumption of the strong
upward movement In Reading-. On
enormous transactions the price rose M
172' i, only a shade more than a point
below Its record prW touched in the
•peculation era of last year.
The general list was blow to respond
to this development in Reading.^.nd the
sympathetic strength v,ns not uniform
or all-tmbracing. Speculative sentiment
continued to feel the relief of the pass-
Ing of Imminent apprehension over the
anti-corporation question. A factor in
this belief was the charge of the
amendments proposed to the bill to ex
tend the scope of the interstate com
merce law. These, it was felt, were
calculated to allow latitude to the
financial exigencies of railroad corpora
tions.
Incoming reports of renewed storm
blockades through the west and south
west did not interfere wltU the rise in
prices.
Reports of en intended entry of the
Vanderbilt connection into Baltimore
through the Western Maryland and of
Chesapeake & Ohio designs upon Hock-
Ing Valley had their effect on the spe
cial stocks involved.
Preliminary estimates of the week s
currency movement indicated a large
gain in cash by the banks. There was
a rise in the private discount rate in
Berlin, showing that the gain in
strength of the Imperial Bank of Ger
many had removed resources from the
open money market there.
Profit taking sales made some im
pression on the market at the advances
and accounted for the Irregular tone
at the close.
Bonds were irregular. Total sales,
par value, $4,330,000. United States
bonds were unchanged on call.
NEW YORK STOCKS
■ Special service to The Herald by J. C. WU
■on. 212 West Fifth street, Los Angeles, mem
ber' New York stock exchange. Chicago board
of trade, stock and band exchange of: Baa
rrandsco.
. NEW YORK, Feb. 13.—Following were the
closing quotations today:
' Bales. Stock. High. Lc™. Bid. Ask.
200 Aills-Chalmers ... 1214 l."i 12 12,4
300 do preferred ..... 42% 42 4.1 44
M,»IX> Amalg Copper ...T7V* 76% 76% 76%
, 1.400 Amer Beet Sugar. S9',i 381 i 39 MM
100'- do preferred 9314 93! a 63% M
100 Amer Can Co 11% ll'.i 11% 11%
. 1,100 do preferred 76»4 7614 ""'a 77
MM Am Car and Fdy. 6214 63 62 62%
100 do preferred 118% 118% 117% 120
1,400 Amer Cotton Oil.. 66!» 65!4 KM 66%
.. do preferred .. Ml Ml
Amer Ex 170 235
104 Am Ice Securities. 24 24 23% il'i
:i»i Amer Linseed .... 15 15 14! 15
20(1 do preferred 3D 89 38 39%
Am Locomtlve ... ;i 61% i>m '»
-100 do preferred 113 113 112 114
15,700 Am Smlt and Bfg KM 83% 84% 84%
100 do preferred 10714 107% 107 107.i
8,200 Amer Sugar 125T4 12474 125 12*%
. do preferred 123 123*
710 Amer Steel Fdrs.. 60% CO 60 60>4
S.OOO Am Tel and Te1..137% 137 138% 187%
3.0 Amer Tob pfd .... 93% 93% MM '■>■■'*
1,100 Amer Woolen .... 36,4 35 3« 3GI,
400 do preferred 102 Irtl'i 101% 102%
2,200 Anaconda 61 >', 60% 6014
1,800 Atlantic C Line..l3l 12>% 130 118%
18.200 A T i Santa Fe,..116% 114% 11814 116%
» do preferred 103% 10374
t.OOO Baltimore & Ohlo.lWVi 110% 113',i 113%
- do preferred .. S3 94
8,400 B H T 74% 73H 73% 73%
. 400 Canadian Pacific.lßo»i ISO* 18 . ISI
I 7,600 C «c O 84% 83% 8414 MM
» C&A 60 68
2,300 C & Q W new.... 32Z 32 3214 2-»
I 1,400 do preferred new oil 1! 68% 68>4 to
' 8,200 C* N W 158 16714 157% 158
11.400 C M & 6t P 117% 145% 147 Vi 147' i
, 100 do preferred 162 162 16114 I62'j
i 14.800 Central Leather .. 43i 40% 42«4 43
200 do preferred 108% 10S!i 108 108%
2110 Cent of N J 295 2M 295 800
209 COCA St L, 7H4 7S 78^4 79
, do preferred , .. M 110
1,800 Colo Fuel and Irn 44 39 89% 33%
m do preferred »■ 107
800 Columbus HO4 121 2«Vi 20% 20%
! 1,500 Colo Southern ....61 60 60 IW4
100 do Ist preferred. 82 S3 Fl'4 82;,
» do 3d preferred 79 81
6,300 Consolidated Oos..l4fi»i 145 14SV4 146
I 1,000 Corn Products .... 19 18% JSTi I
, do preferred .. MVi 84
2,904 Del ft Hudson ....17i 175,4 176% 177%
, DL, & W tSO 610
2,800 D & n G 43 40T4 41 4114
400 do preferred 80 79% 79 80
■ 800 Distilling Sacar .. 81% 81% 314 31%
: I*) Puluth 8S & A.. IS 16 15Vi 16
100 do preferred 29 29 28% 29%
; 1,400 Eri« 29% 28 29% 29%
GOO do Ist preferred. 4li!» 46% 88% 4«%
, do Id preferred 35 36%
800 General Electric.. UGH li.i% 156% '
200 at Northern Ore.. 71%. 71% 71 71%
« 1,700 do preferred 187% 135% 13714 137%
100 Illinois Central ...143% 143% 143 143%
J1.200 Interboro-Metro .. 23% 22% 22% Bit
17,000 do preferred 67% 1.5% 66% 66%
lOOlnternat Paper .. 14?* 14% 14% 1414
800 do preferred 56% KM HM 66
304 Intornat Pump ...18!4 45 48 48%
109 do preferred 88 88 87 89
SOO lowa Central 23% 23% 23% 23%
' 500 do preferred 42 7 42!4 42% 43
■ 700 X C Southern .... 38% 38 88% SIZ
100 do preferred 69 69 (9 70
. 100 L B & Western.. 28% £3V4 23% 23
• 408 do preferred 61 C 9% 60 61
' 4,801) L. & N 151% 149% 141% 141V4
MM Mackay X) SO 89 ' 90%
do preferred .. .. ' 76 77%
Manhattan -133 US
j . Metropol St Ry 16 18
100 Mexican Cent .... 27% a»H 27 27%
600 Minn & St L. 46 44 45 . 45
do preferred .. 76 ' 88
1,200 M HI I' * S 8 M.141H 141% 14!% 148%
' do preferred -.. 152 157
• C.500 M X ft T 43T4 43 43% 43%
•.'„ do preferred .. 71 73
. 2,700 Missouri Pacino .. 71 70V4 70% 71
/ BiiO National Lead ... 81% 81 81% ' 81%
100 do preferred 106% 109% 109 HI
1 ....... National Biscuit. 108% 110%
do preferred .. 121 123%
400 N y Air Brake ... 76% 76' i 75 7»
21,800 N V Central 121% ll»l» 121% 121%
NYCSi St L.,,. .. ... 69 . ■
.'....... do lot preferred... .. 100 118
do 2d preferred.. .. „ .. M
■ 100 N?N H & IlartUO 160 160 151%
7.400 N V Ont ft W.... -161,4 46% 49 > 46%
1,1100 Norfolk & West ..10214 101% 101% 102%
, do preferred ..... .. , .. 89% »1
800 North American .. 80% 7S»i 80% 8074
' ' 6.7u0 Northern Paolno ..186% 186% 136*- 186%
100 Omaha 161% 181% 160 162
.■■,......-.< do preferred .. 165 170
J<K> Pacific Coast 113 112 Hi 115
•'• 1.700 Pacific Mall 83% 81% 82T4 33%
' 22.400 Penna X It C 0....134 132% 138% 133%
„, 600 Peoples Gas 110% lio'.i 110 110%
600 Plttsnunt Coal ... 21 ' 5074,-20*4 v 21
«00 do preferred ..... 71 ; 71'; '71 72
'„ P a O ft St U. .. 97% 91
i «....'. ;do preferred ».....« .. a* ,' U0
CARLOAD SHIPMENTS
OF CITRUS FRUITS
•■•:■■ Shipments of oranges and lemom #
<$> from l.o» Xnirelrs Wednesday! Febrn- vs>
••< ary 16. were 118 carloads of oraugw <$>
•.. and 8 carloads of lemons. Total to *
■>. date there bare been shipped 6636 •
■•• carloads, of which 1164 were lemons. I
<§> Lad season to date there were shipped •
•> 717S carloads, of which 1301 were -•■
• It-nioDS. *
700 Pressed Steel Or. 43* 43 43 43%
600 do preferred 102U 102 lOIT4 10SH
20!) Ry Steel Spgs Co. 43 4214 42% 43
do preferred 101 107
238,700 Reading 172% 1G7«4 171* 17M4
100 do Ist pfd. x-d 2. 61% 1114 91 91%
600 do M preferred.. 108' 107 10S% 10S»i
1,600 Republic S and I. 40?, 394 40 40%
100 do preferred 10214 10214 102% i"2'-s
41.000 Rock Island Co ... 5014 4855 60% 604
8.300 do preferred 88% 88 88% SBl4
Skis* Shef 8 and I .. .. 77 7714
....... do preferred 116 118
St L& BF Ist Pfd .. .. CSI4 70
MX) do 3d preferred.. 51 4ST4 60 60%
1.000 St L & 8 W 30% 30 301. 30%
400 do preferred 74% 71 74 74V,
18,209 Southern Pacific...ll7 125% IMS 128%
MM Southern Railway N\i M 8914 29
1,100 do preferred 66 65 65 66
100 Tennessee Copper. 32*4 52?4 32*4 3314
S, MO Texas Pacific .. SOV4 89% -■ S9H
400 Third Ay« 9 S*i 9 9%.
100 Toledo St L * W 41% 44', 43% 41',
600 do preferred «6% 66 6514 66V4
200 Twin City R T ...113 113 113 11314
Union B and Papr .. .. 10 11
do preferred .. .. 70 75
86,800 Union Pacific ....188% 18614 IM ISS%
300 do preferred 102% 101', 100% 102
100 United Rds of S F 37'» 3714 36», 38
600 do preferred 68% 67 67% 6814
100 V 8 Cast Irn Pipe 26 20 26 27
do preferred .. 76% 78%
2.500U S Rubber 4314 421, 44 44V4
3iK) do Ist preferred.ll2% 112% 112% 113
400 do M preferred.. 10 80 7914 8014
27.000 - S Steel -C0r.... 8114 79% SOV4 80%
4,400 do preferred IJO>4 119% 119% 120
2.900 Utah Copper MM 60 50 50%
4.500 Va-Car Chem Co.. 651, 64% 64% 65
.... do preferred 12314 124
8.700 Wabash : S2'4 2114 22 22%
»,200 do preferred 4S*i 47% 47% 48
Wells-Forgo Ex 170 175
1,300 Western Union ... 73*4 73 7214 73
400 Westlnghouse .. ..70 6914 70 71
W & L X 514 'a»
....... do Ist preferred. .. .. 10 12
do ii preferred .. .. 6 6%
100 Wisconsin Central 60 60 4314 61
100 Am Hide and Lea 7 7 7 7%
1.100 do preferred 40 MM 3914 40
200 Am Aftr and Chem 46% 46% 46% 47 1
do preferred HUM 10314
Beth Steel 28 2S'4
do preferred .. 64 E6M
300 Nat Enamel and S 2414 23% 2314 2414
do preferred .. 90 OS
Pac Tel and Tel * *">
do preferred 82% 95
v B Realty J3H 74>4
B.2oOWest Maryland ..49% 48 4814 49
Total sales, 683.100 shares.
.
NEW YORK BONDS
Special service to The Herald by J. C. Wil
son, 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. Feb. Following were, the
closing- Quotations: Bid. Asked.
Atchison gen. 4s 100 100%
Atchlson cony 4s 116 117
Baltimore & Ohio Ist 4s MM 99%
B l: T 4s 83% M»
Colorado Industrial 5s 10
U S Realty 6s sl" =
Rock Island col 4s 81 81%
Southern Pacific ref 4s w> 95%
Southern Pacific col 4s MM 94
Southern Pacific cony 4s 102% 102>4
Union Pacific Ist 4s 101 101%
Union Pacific com- 4s 109% 109%
U S Steel 6s »08 105%
United Railway 4s 7114
Wabash deb 4s 73',, 73%
Western Pacific 6s 97 97%
Japanese 4s 92
Japanese Ist 4!4 MS '■'■<''*
Japanese 2d 4',iS 95 '■'■'';
3S 2s red 10014 Wll4
DS 2s coupon 102% 101%
Ds 3s reg d , l'M'4 »3
U 83s coupon 102% 103
XI H4s regd 114% 115%
US 4s coupon 114>.i 115%
Panama 2s 10» 101
Panama 193Ss 100 Ml
TREASURY STATEMENT
WASHINGTON. Feb. IS.—The condition of
the treasury at the beginning of business to
day was as follows:
Trust funds —
Gold coin J?G2,089.^J
Silver dollnrs 4W.st»,ono
Silver dollars of 1890 «,BW,MC
Silver certificates outstanding 486,509.'M0
General fund—
Standard silver dollars In general
fund UCIT.%I
Current liabilities 5C127.99S
Working balance In treasury offices.. 19,r,55,M2
In banks to credit of U. S. treasurer 33,407.2.".3
Subsidiary silver coin JI>OW,WO
Minor coin 1.2W,r,i;0
Total balance In general fund •... 80,010,321
NEW YORK COTTON
Special service to The Herald by 1. C. Wil
son, 212 West Fifth Btreet, Loa Angeles.
NEW YORK, Fob. 18.—Today's cotton prices
at the opening showed Blight gains, and this
level proved the highest of the day. Influenced
by the dullness In the spot situation, and the
refusal of spinners to purchase spots at tills
level, options sagged off. and although dull
closed but slightly lower. There was come
liquidation on the part of tired longs, ami, on
the other hand, some buying by the bulls'
clique. On sales of 100 bales New York spots
remained unchanged. •._
Liverpool due 814 points higher on July and
4 to s\i higher on other positions. Opened
steady » to ID points higher on near and 7
points higher on late months. At 12:15 the
market was quiet but steady at a net ad
vance of SVj to 9 point on near and of 7 on
late months. Fair business was done In spots,
6 points lower at t.iod. Sales. 10,000, Includ-
Ing 9000 Americans. Port receipts today 7000,
last week 17,130, last year 82,285.
Quotations ranged as follows: —Closing-
Open. High. Low. Bid. Ask.
February U.M 14.41
March 1107 14. 14.40 14.40 14.41
April 14.68 14.69 14.51 14.61 14.
May 1468 14. 69 14.M 14.51 14.53
June 14.57 14.67 14.67 14. 14.37
July 14.56 14.66 14.87 14.38 14.37
August 14.02 14.03 14.88 14. 11.
September 14. 14.16 14.13 14.05 14.07
October 12.73 12.73 12.63 12.62 12.63
November 12.51 12-51 12.51 12.43 12.47
December 12. 12.65 12.48 12.45 12.47
Spot cotton 14.80 c; unchanged. .<
METAL MARKET
NEW YORK. Feb. 18.The market for
standard copper on the * New York £ietal
exchange was dull today, with spot and for
ward deliveries to th» end of May clos
ing at 112.87V4015.00. The London mar
ket was steady, with spelt quoted at £59
7s Gel and futures at £60 8s 9<l. Local deal
ers quote lake copper at tu.Sl'j'ulilT's;
electrolytic, 813.37 Kit 18.62 H. and casting
at 818.12Vj©13.»;>,i. Imports of copper by
steamer at Atlantic ports. Including; matte
and ores, amount to (070 tons mo far this
month; exports 19,239.
Tin ni easy, with spot quoted at $33.10
988.80; February, March, April and May
at 383.00® 83.20. London lower and closed
weak, with spot quoted at 1151 100 and
futures at £153 2s.
Lead closed dull, with spot quoted at
34.50®4.6Q New York and 34.4004.45 East
St. I,ool.!. Th» London market was un
changed at £13 It.
Spelter—Dull; »pot, |4.4;i&5.C0 New York,
»5.80'a.6..15 Bast St. Louis. The London
market declined to £23 2s M.
Iron was unchanged at Els 3d for Cleve
land warrant* In London. Locally no
change was resorted. •
COFFgE AND SUGAR
NEW YORK. Feb. Coffee futures cloud
steady net unchanged to I points higher. Hales
47,000 bags. Including March 6.95 c, May 7.10 c,
July. September, October and December 7.1;,.
■pot steady; No. " J'.io. w;c; No. 4 Santos
9!«Tt!>7ic. Mild quiet; Cordova, t>iVl2<4c.
Sugar— firm. Muspowdn, 89 teat, 3.73 c;
Cfntrlfugal, M test, 4.23 c; molasses, 89 t«st'
1.4«e.
luna*! «t*4kd)r 4
LOS ANGELES HERALD: SATURDAY MORNING, FEBRUARY 10, 1010.
SAN FRANCISCO STOCK
AND BOND EXCHANGE
Special service to The Herald by J. C. Wil
eon, 212 West Fifth street. Los Angeles, mem
ber New York stock exchange. Chicago board
of trade, stock and bond exchange of San
Francisco.
SAN FRAN-CISCO, Feb. Following were
Associated Oil Co 6s W 97
Bay Counties Power Co ll l"li .. ,
''ftl Central Gas and Eleo 6s 103",
Cal Gas and Bleo gen M & C T 5».102'i
California St Cable CO G.» 103%
California Wine Assn Os , 90
City Electric Cb 6s 9014 91
Contra Costa Water Co 6» 10154
do gen mtg 5s 03 94
Edison Eleo Co of I. A Gs 103
Edison Light and Power 63; 106*4 ..
First Fedora) Trust Co 6s 10114
Ferrios ,v Cliff House Ry 6s 102
Hawaiian (.'mil and Ss 6s 105%
Honolulu R T and l.s Co 6s 108
Lake Tahoe lly & T Co Gs 99
Los Angeles Eleo Co 5s Hll'i ..
Lps Angeles Gas an] Elec Co 65..101% >.
Los Angeles Railway 5s 110
Los Angeles Lighting gd 6s 1024
L A Pac II R Ist con mtg 6s IO6VI 107
L A Pac R It of Cal 6s 102%
Market Street Cable 6s 103 ' ..
do Ry Ist cons mt» 6s 102% ■•
M V & Ml Tamaliialß 8 Ry 6s 100
Northern Ry Co of Cal 6s 11314
Northern Cal Railway .''* 1 115
Northern Cal Power Co 5s 101V4 103%.
Northern Electric Co 6s Nil
Oakland Gas Light and II 6s 102
Oakland Transit Co 6s 107
Oakland Transit 5s I.T.i
Oakland Transit Con 6s 104 10514
Oakland Traction Con 5s HT" 3
Oakland Traction Co 5s 91%
Oakland Watrr Co gtd .is M
Omnibus Cable Railway 6s , .......106 110
Pacific (Jus Imp 4s S7
Pacific Electric Ry Co us 107
Pacific Light and Power Co in B6VI
Pac Light and Power gtd us 101 102
Pacific Tel and Tel Co 6s 100
Park & Cliff House. Ry 6 tlil
Park & Ocean R R Gs 101
People's Water Co 5s 6994 69T4
Powell Street Railway 6s lOlVa 103
Sacramento Elec Gas & Ry 6s.*. 10214
S F Oak & San Jose Ry 6s 106 100
do 2d mtgs 6s 94 06
S ]■" Oak & S J Con Ry 6s 9514
Sierra Ry of Cal 6s 10714
S P R 11 of Ariz 6s 1910 lOOVi 10094
do of Cal 6s 1912 105'-i
do or Cal Ist c gtd g 6s 11.".' a
S P Branch Ry of Cal 6s 12S ■ ..
B P R R Co Ist rfdg 4s 95% 96%
Stockton Gas and Elec Corp 6s 105
s V Water Co gen mtg 4s 89% MM
United Gas and Elec Co 63 !>S .
United R R of S F 4s 72', TIM
Vallejo, Benlcla & Napa V B R r.s IS '
Valley Counties Power Co 6s 102% 103
WATER STOCKS—
Marln County CO ..
Spring Valley Water Co 44%
GAS AND ELECTRIC STOCKS—
City Electric Co 61 62Vi
N Cal Power Co Con 60
Pacific Lighting Corp pfd 74% 75
do common 63 ..
INSURANCE STOCKS-
Callfornla Insurance Co Sl'.j
Fireman's Fund 555
STREET RAILROAD STOCKS—
California 13214
Presidio M
POWDER STOCKS"— - >4
Giant Consolidated Co T7% 7S>i
SUGAR STOCKS—
Hawaiian Coml and Sugar Co .... 35% 30
Honokaa Sugar Co 2214
Hutchinson Sugar Plantation 17% IS
«llauea Sugar Plantation Co 14 14%
Makawell Sugar Co 6314 M
Onomea Sugar Co 66
Paauhau S P Co 29 25%
Union Sugar Co v .. 68
OIL STOCKS—
Associated Oil Co 47% 4714
Sterling OH and Dcv Co 314 4
MISCELLANEOUS STOCKS—
Alaska Packers' Association S9V4
Cal Fruit Canners' Assn 102
M V & Mt Tamalpals S Ry 100
Pac Auxllyiary Fire Alarm 3
Pacific Coast Borax Co 154
Pac T.I and Tel rfd 95
common •■■■■ 8914 40i.i
Morning sales—sooo Pao Tel 6s 100%; 2000 S
P rfdg 4s 96V4; 20 American Bank 130; 20 Assd
Oil 4714: 20 do 47%; 100 Northern Cal Power
60: 60 I'ac Tel prf Si%: 5 do 84%; MSPVW
44%: 145 Union Sugar 68. ' >
Afternoon rales—3s,ooo So Pac ite 4s 9614;
4000 I, A Pac Ist cons 106%: 10,000 Spring V
W 4s 90, 6000 Assd Oil W 6s »6%; 200 do 47%:
10 Fireman's Ins 255; 5 Giant Cons 78; 50
Hawaiian 35%; "0 Makawell 63%; 100 Northern
Cal Power 60. J < '
BRADSTREET'S REVIEW
NEW YORK, Feb. 18.—Bradstreet's to
morrow will»*ay:
Trade reports are rather more cheerful.
Visible evidence of expansion In Jobbing
trade, in consonance with the advance of
tha season, are found in tho reports that
the largo numbers of buyers In leading
markets, especially In th» west, southwest
and parts of the south, have taken hold
more freely.
Inquiry at leading markets falls to sub
stantiate the exaggerated reports of can
cellations noted tot some time. past, and
there are few signs of the widely heralded
reaction In . distributive trade. Many
points- report no cancellations to speak of,
several cities Report countermands no
greater than normal, and only a very few
report that In a few lines — notably cloth
ing—has there, been any special effect ex
perienced. Manufacturers are well sup
plied with orders. Western shoe men are
running to capacity. There Is rather less
pessimism in the Iron and steel trade, Re
ports from the Pacific coast lumber trade
are good. Collections range from slow to
f"Business failures In the United States for
the week ending with February 17 were
269. against 249 last week. 282 In the like
week of 1909, 328 In 190 S. 177 In ISO 7 and
186 in 1906.
Wheat i including flour) exports from the
United States and Canada for the week
ending February 17 aggregate 1.617.080
bushels, against 2,408,003 last week and
2,272,560 this week last year. For the 33
weeks ending February 17 exports are
105,234,121 bushels, against 133,189,719 In
the corresponding period last year. ,
Corn exports lor the week are 771,111
bushels, agatnßt 1,135,908 last week and
1 '88 319 In "1909. For the 23 weeks end-
Ing February 17 corn exports are 17.177,387
bushels, against 19,291,639 last year.
Dun's Weekly Review
NEW YORK, Feb. 18— H. O. Dun & Co.'s
weekly review of trade -tomorrow will say:
Improved financial conditions Bervo to
strengthen business confidence. Sentiment In
iron and steel Is more cheerful now that the
United States Steel corporation has entered
the market as a buyer of pig Iron, although
the situation on the whole In this division still
remains somewhat disappointing. No cancella
tions are reported, however, and shipments are
well sustained, except where severe weathr
has delayed transportation. Some railroads have
found It necessary to replenish old rolling
stock because of the wear and tear caused by
an unusually hard winter, and a western sys
tem alone has placed an order for seventy-five
locomotives.
The dry goods Jobbing trade was more ac
tive this week, and a large sale of dress goods
In a leading New York house proved eminently
successful.
Many buyers have been operating In all de
partments of the market, but show no 'specu
lative spirit. In the opinion of lame Jobbing
house managers the business of the week was
up to normal for this season. The primary
dry goods markets are still not entirely sat
isfactory, as competition for business Is close.
The leather market show* renewed activity.
Pronounced weakness continues In all kinds
of domestic hides and foreign dry hides have
sold at a half cent reduction from former sell-
Ing rates.
Prices on about all varieties of pockers and
country hides are nominal.
COTTON *AND WOOL I
COTTON AND WOOL
NEW , YORK, Feb. 18.—Cotton— closed I
quiet; middling uplands, 14.80 c; middling; gulf,
15.05. Sales, 100 bales. Cotton futures cloned
easy. Closing bids: February. 14.88 c; March,
April, II.We; May, 14.51; June and July, 11. Me;
August, * 13.88 c; September. . 13.05o; October,
12.62 c; November and December, 13.45 c. . ,
ST. LOUIS, Feb. 18,—Wool—Unchanged: me
dium grades combing and clothing/. 2«3290;
light .nil--. 25(JS7c; heavy line, I2<f3lc; tub
vaehfd, 255370, I
FINANCIAL
LOS ANOELES, Fob. 11—Bank clearings
were $2,611,660.03, an Increase of $612,444.98 as
compared with the amount for the correspond
ing date of last year. Following Is a compara
tive statement: „
1910. 1909. 1908.
Feb. 14 $3,324,705.65 $2,583,723.19 $1,733. 17
Feb. 16 .. 3.497.778.12 2,179,160.09 1,439,27i.67
Feb. 16 3,369,615.95 1,621,749.09 1,706.670.71
Feb. 17. 2.935,342.58 1,864,987.11 1,415,720.9«
Feb. IS 2,511,65(U>3 1.899,205.06 1.417,804.53
LOS ANGELES STOCK EXCHANGE
Morning Sales
5 Edison Eleo pfd 80.50; 40 Home Tel pfd 54;
10 San Diego H T and T Co 23; M Am Pet
Co com 75.60; 60 do 76.00: 50 Associated Oil
47 l"!-- 400 Central 1.49; 8000 Cal Midway 3SV4:
3000 do 3894; 600 Columbia 1:15; 1000 New Pa
Pet Co (5; 25 Union 102.75.
Afternoon Sales V
20 Associated Oil 47.12' i: 10 Mcx P Ltd pM
Ml 15 do com M.M: 4000 Cal Midway 18 1000
do, I! 30. 38; WOO do 37; 3001) do 36<i; 3000 do 36;
10* do Ss',».
Bonds
BM. Ask.
American Petroleum Co 84 Ss<4
Associated Oil Co ■■■ '-;. SOU
Corona City Water Co 91
Corono Power and W Co 97
Cucamonga Water Co 96 102
Edison Blea Co Ist R 100
Home Tel Co Ist rfdg SO
Mexican Natl Gas Co 100
Mission Trans arid It Co 91
Pao Light and Power Co 96,4
Riverside 11 T and T Co 73
Riverside Light and F Co 101
Santa Monica Bay H T Co .. SO
Temescal Water Co 99
United Elec G and P Co I'l'i
Union Transportation Co 91%
V S Long Dist T and T Co 7714
Vlsalla Water Co 100
Whlttier Home T and 1 Co 85
Banks
Bid. Ask.
All Night and Day Bank 115.00 150.00
Broadway Bank and Trust C 0..140.00
California Savings Bank 118.00 14.'.00
Citizens National 227. 210.0
Commercial National 145.01)
Equitable Savings Bank 175.00 210.00
l'amrers and Merchants Nat. 375.00
Federal Bank of L A 11.00
First National 500.00 ...:.
German American Savings 320.00 140.00
i.kibe Savings Bank 157.00 150.00
Home Savings Bank of L A. ...115.00
Merchants National 480.00
Merchants Band and Tr Co 195.00
Security Savings ank 375.00 400.
The Southern Trust Co :.. 74.00 80.00
(60 per cent paid up)
U S National Bank 147.50
Industrial and Public Utilities
Bid. Ask.
Cal Portland Cement Co 100.00
Edison Electric pfd 80.00 82.00
Edison Electric com 63.60 04.50
Hawaiian Com and Sug '.T... 38.00 89.
Home Telephone pfd 53. 54.25
Home Telephone com 0.00
Hutchinson S P Co 17.50 18.50
I, A Athletic Club 10.00
LA Brewing Co 125.00
I, A Investment Co 8.05 3.20
Mexican National C.as pfd GO.OO 75.00
Mexican National Gas common 35.00 40.
Paauhau B P Co 29.00 30.00
Pao Mutual Life Ins Co 285.00
Pasadena Home T and T Co 35.00
Riverside Home T and T Co.. 35.00
Ban Diego Home T and T Co.. 22.62V4
Santa Monica B H T pfd 28.00 32.00
Sun Drug Co 1.00
Seaside Water Co 100.00
Title G and Tr Co pfd 250.1*
Title I and Tr Co pfd 250.00
Title I and Tr Co com 250.00
Title I and Tr ser 0 250.00
U S 1, D T and T Co pfd 39.25 41.00
Union Security Corp pfd 100.00
Union Trust Co ■>-■'">
Whittler Home T and T C 0.... 45.00 80.00
Oil Stocks
Bid. Ask.-
Amalgamated Oil '. 80.00
American Crude Oil Co 1.10
American Pet Co pfd ■ 97.50
American Pet Co common — 75.00 70.00
Associated Oil 4C.S7H 47.20
Brookshlre Oil J.JBV4
Central L 49 1.501,
Cleveland Oil Co .30
Columbia 1." 1.20
Continental Oil ..., 35 .110
Euclid Oil Co .....' 60 .75
Globe •„••« -18
Jade Oil Co 3* .38
Mexican Petroleum 102
Mexican Pet Ltd pfd 67.75 68.61)
Mexican Pet Ltd com— 25.25
New Pennsylvania Pet Co 65
Olinda Land Co (Oil) 39 t
Palmer Oil Co 117
Perseus Oil Co .35
Pinal Oil Co '. 13.00
Pirn Oil and L. Co 17
Reed Crude 35*4
Rico Ranch Oil Co 1.00
Section Six Oil Co .65
Traders' Oil Co 116.00 125.00
Union »*.««■ 102.87%
Union Provident Co 100.00 102.75
United Petroleum 104.00
West Coast Oil com 9.00
Western Union 75.00
Yellowstone Oil Co .41
NON-PRODUCERS—
California Midway Oil Co 36% .33
DAILY MINING CALL ,
Morning sales—looo Clark Copper 6>,4; 1000 do
7] 17000 do 7Vi: 2000 do '*%: 6000 Con Mines
9 00 per M; 87,000 do 9.25 per M; 200 Johnnie 17.
Off board: 6000 Clark Copper 7.
Afternoon sa!e*-2000 Bonnie Clare 9; 1000
California Hills 4',«; 2000 Cla/k Copper 7!4;
16,000 do 7%; 16,000 do 774.
LISTED STOCKS
CALIFORNIA— Bid. Asked.
Cal Hills M Co , 04", i .<)47»
Consolidated Mines Co 8.75 M 9.00 M
MEXICO—
Clark Copper Co 07& .08
NEVADA—
Johnnie Mining and Mill Co ... .17
Searchlight Parallel ■■■■■■■ 01 -^ .W. 4
PACIFIC COAST TRADE
BAN FRANCISCO, Feb. 18.—Flour—Family
extras, [email protected]; bakers' extras, [email protected]; Ore
gon and Washington, [email protected]
Wheat-Shipping, $1.90«i1.97H.
Barley—Feeding, $1.52\[email protected]; brewing,
[email protected]; Chevalier, t1.6001.65.
Oats-Red. $L60®1.60; white, $1.62',[email protected];
black, $1.5002.30.
Mlllstuffs— Middlings, $33626; mixed feed,
$28®33: rolled barley, $29©30; oatmeal, $4.40®
4.60; oat groats, $4.60; rplled oats, $33035.
Hay—Wheat, $14919; wheat and oat, $12016;
wild oat, $961"; tame oat, $1281 ii; alfalfa, $<J6>
13; straw, 60®75c.
Beans-Pink, $4.30®4.50; Lima, -$4.10fi)4.13;
small white, [email protected]; large white, [email protected]
Potatoes— Burbanks, [email protected]; Sa
linas Burbanks, $1.4061.55.
Onions—Fancy California, $1.35; common,
$1.15.
Various—Green peas, 7«? 17"«mj string beans
nominal; green peppers, 25®We; rhubarb, ti®
Be. -
Poultry—Live turkeys, [email protected]; dressed tur
keys 23031 c; old roosters, $5^5.50; young
roosters, $7O»i email broilers, [email protected](1; large
broilers, ISIiU: fryers, $667; hens, [email protected]: old
ducks, $r..sutiCW; young ducks,. [email protected]; geese,
$262.50; young pigeons, [email protected]
Receipts—Flour, 1538: wheat, 570; barley, 4070;
corn 425; potatoes, 3290; onions, 65; bran, 90;
middlings, 120; hay, 499; straw, _5; hides, 360;
wine, 33,100. _^
* - *-
CHICAGO LIVE STOCK
CHICAGO, Feb. Cattle—Estimated re
ceipts, 3500 head. Market- strong. Beeves,
|4.M5(7.'J0; Texas steers, $4.1n«5.25; western
steers, [email protected]; stockers and feeders, 13.25®
5.C0; cows and heifers, J:'.35®5.70; calves,
Hogs—Estimated receipts, 18,000. Market
strong to 6c higher. Light, SB.S.VM.:!."; mixed,
■ 90S 9.40; heavy, »[email protected]».42',4: rough, J8.95®
9 10- good to choice heavy, *'J.lii*i!P.«'i ; Vis*.
810W9.15; bulk of sales at J9.2089.35.
' gheep—Estimated receipts, 6000. Market
strung to 10c Higher. Native, M.MOT-H; west
ern 1507.15; yearlings, |7.900 t.it; native
lambs, 15.W59.85; western lambs, |7.50®9.25.
BUTTER, EGGS AND CHEESE
SAN rHANCISOO, Feb. 18.—Butter—Fancy
creamery 32c; scconila, 31c; iancy dairy, Ha
Cheese-New. [email protected]; Yo&n« America. UgiiOo.
Kkks—Ranch. 23c; store, 22V..C.
CHICAGO, Feb. 18.—Butter steady; cream
ery, iiOatCi 'lairs". [email protected]
£gg« strong. Receipts 8633 case*. At mark,
cases Included, 22®2<c; flrsta, ZSMe; prime
"cneMw'rteaayi Daisies, 16%©17 c; Twins.
1C%«16%c; Young Americas, UMVU^ic; Long
Horns. 16'/sirte?4c. '-. [ ' ■'"
It's v easy "> seeur* a bargain In a ui>4
■atomoblle.. through want «dv.'rtliln». aa I:
■hH to b«-and still u-to stcor* a bars*
•Ad earrlflfi*
POULTRY OWNERS
LONG ON EGGS
CONSUMPTION NOW ABOUT
EQUAL TO SUPPLY
Retailers Persistent in Demand for
Fancy Sweet Potatoes—Friday
Was an Active Day in
the Fish Market
Friday was active fish day in the produce i
market, but owing to light catches business
has been brisk every day with the dealers,
ana quite frequently fresh fish Ims been at a
premium over normal prices. Yesterday there
\v;is enough fish to meet the demand.
Wore than 300 cases of local ranch eggs
arrived, but as dealers reported active con
sumption there was no change In quotations.
The potato market Is still easy. onions and
cheese steady.
Fancy sweet potatoes are scarce" and wanted
by retailers.
Otanges and other fruits find ready sale. The
supply appears, to be unlimited.
Receipts or produce were: Eggs, 333 cases;
butter, lt,M9 pounds; cheese, 690 pounds; po
tatoes, 3119 sacks; onions, none; beans, 600
sacks; sweet potatoes, 133 sacks; apples, none.
Produce Prices
Following lire the Dally Market Reporter
Wholesale quotations:
EGOS— Local ranch, candlej. extra se
lected, 27c; local ranch, candled, 25c; local
ranch, case count, buying price, 22',jc; east
ern storage, packed, extra, 2 2c; eastern stor
age seconds, 'J'ic.
KUTTEH— California creamery extras, 8
-Ib. roll, 72' ac; California creamery firsts, 2-
Ib, roll. SI%B. eastern creamery, extras.
67'4e: cooking butter, 22c; ladle butter,
26 a 37c
CHEESE —Northern fresh, 21c; northern
storage, 19<g2Qc: Oregon Daisy, 20c; eastern sin
gles, 20c; eastern twins, 20c; eastern Daisies,
20c: eastern Long Horn, -I. ; eastern Cheddars,
20021 c: imported Swiss, >O0llo: Jack cheese,
Us; domestic ■lux. He; cream brick, 20c;
Llmburger. 204f21c; Roquefort, 810400, Edam,
$85T9; Canadian cream, per box, $1.
BEANS—No. 1 pink, $5.25«f 6.6.0; No. 1
Llmas. $4.40#4.60; No. 1 Lady Washing
tons, $4.50; No. 1 small whites, $5.40
06.60; -Mo. 1 Blackeyes, (4.73; No. 1 Gar
vanzas. $3.908 4.50; No. 1 Lentils'. California,
{7.00.
POTATOES (per cwt.)—Northern Early Rose,
|I.B*o i; Highlands, $1.1501.60; Lompoc. $1.65®
1.7.'; Watßonvllle. $1.60©1.66; Oregon Burbanks,
II i.oo; Oregon Early nose, $2; Oregon
■White Rose. $1.75g1.90; Salinas, $1.655J1.75;
yellow sweets, $2.60.
ONlONS—Northern Australian brown, per
ewt., $1.6001.76; Orogona, $2 cwt; garlic.
I© 10c Ib.
FRESH FRUITS—Apples: Beilefl«ur»,
4-tler, II.SOSiI.OOi Bellefleurs, 4',4-tler, $1.33;
Hoovers, 4-tlev, $2.60; Jonathans, 4-tler, $3.00;
Pearmalns, white winter, 4-tler, $1.60; Pear
mains, 4!,4-tier, $1.55; Pearmains. red, 4-tler.
$1.60; Pearmalns. red, 4V4-tler, $1.20; Smith'»
Cider, 4-tler, $1.60; Smith's Cider. 4H-tler,
$1.25; Ben Davis, 4-tler, Col., 51.65W1.83;
Newton Pippins. 4-tler, $1.50; Mo. Pippins,
4-tler, Col.. $2.00; Mo. Pippins. 4V4-tier..
Cal., $1.26; Ma. Pippins. 4-tior, Cal., $1.60:
Rome Beauties. [email protected]: Spltzenburgs.
4-tlcr, $2.60; Cans. $1.75; Winesaps
4-tler, Coll, IS.tSOl.Tti Wlnesaps, 4-tler,
Cal., $1.75; Wlnesaps. 4^-tier, Cal.. $1.25.
Berries: Strawberries, fancy, per basket.
»tfl2c; strawberries, choice, per basket, Jo;
cranberries, per . barrel, $15.00; raspber
rlts, per baske*, 10c. Citrus: Grapefruit,
seedlings. $2 $3.00; lemons, fancy, $3 50;
lemons, choice. $1.75; oranges, fancy Navels,
42 25 2.75; orange*. Tangerines. % box.
$1.60; oranges. Valencia*, fanny, $2.(00
1.00; limes, 20-lb. box. $1.26.
TROPICAL FRUlTS—Bananas, lb., 414 c;
bananas, red, lb., Cc; dates, Fard, lb., 10ffil2c;
dtaes. Golden., lb., V£@V&e; dates, Persian,
pekg., Sc; alligator pears, do:., $4.60; pine
apples, 4^60.
MISCELLANEOUS FRUITS—Pears, Winter
Ncllls, picking boxes. $1.6502.50; I Casabas,
—ate, $2^C; Christmas melons, $3; grapes,
.„.ported, kegs, $8.60; guavas, per basket, 6c;
persimmons, crate, {1.25W1.75; Moroccos, $1
©1.26 lug box.
VEGETABLES—Artichokes, northern, doz.,
$1.1561.20; asparagus, lb., 40c;. brussells
sprouts, northern, lb.,'BS9c: Bell peppers, lb..
35c; beets, sacks, «0c; beans, string, lbs.,
20e;' cabbage, green, sacks, $1.35; cab
bage, $1.2501.40 a sack; cauliflower, crate, 00c®
$1.40; celery, crate,- [email protected]; cucumbers,
doz., .$1.60132; corn, green, box, [email protected]; corn
husks, cut, lb., 12c; corn husks, uncut, lb.,
8c; egg plant, lb., [email protected]; leeks, doz., 35a;
horseradish, lb., 10c; oyster plant, doz., 35©
40c; okra, lb., 8®10c; lettuce, crate, [email protected]
1.75; peas, lb., S©l2c: parsley, doz., 25c; pars
nips, doz., 40c; rhubarb, Crimson Winter,
$1; rhubarb, Northern Strawberry, box, 85c;
spinach, doz., [email protected]; squash, " Bummer, box,
[email protected]; young onions, doz., $1.25; turnips,
sack, 00c; tomatoes, Cuban, 0-basket crate,
$2.2532.50; local, bo::, f2.25U2.50; Mexican,
crate, $1.6001.76.
DRIED FRUITSAppIes, evaporated, lb..
IQIOSi apricots, lb. 12015 c; figs, loose,
white, box, $1.85: figs, loose, black, box,
(1.35: peaches, lb.. JfflPc; pears, lb.. 11©
l.'c; plums, lb., iSHc; nectarines, lb., S0
10c. *•
PRUNES —20-lOs; 10c; 30-40S, 9c; 40-609.
Pic; 60-60S, C^c; 60-70J, 6c; 70-Bui, Cfto;
80-908, &c; 90-100S, 4', a c.
—Muscatels. 2-crown, loose, 60
--Ib. boxes, lb. 4Me; 8-crown, lose, 50-lb. box,
lb. 6c; 4-crown, lose, 50-lb. box. lb. 6c; Lon
don layers, 2-crown, lose, 20-lb. box, lb.
$110; S-crown, $1.25; 4-crown, $1.65; 6
crown. $1.90; tiultanas, bleached, lb. 0&lle;
unbleached, «',4ffl4c: seedless, 16-01. pkg.
BViW7ttc; K-oz. pkg. 3',iffl.o'/Sc.
NUTS—Per —Almonds, fancy, IXL, 17c;
Ne Plus Ultra, 16c. Urazils, 140160; cocoa
nuts ,[email protected]$100; chestnuts, ll©l:c; Alberts,
[email protected]; hickory, 8c; pecans, XX, 13iic;
XXX, 16c; XXXX, 17o; eastern peanuts. 7e;
Japan peanuts, He; Spanish peanuts. No. 1
helled, 10c; pincnuts, 20c; No. 1 S. S. wal
nuts, 1314WWc; No. 2, 10c; Jumbos, lint
18c; budded, [email protected]; eastern popcorn, ewe.
13.75; local, cwt. $1(1(3.25. •
RICE—IOO lbs.—Fancy Honduras, Caro
lina $7; choice Honduras, Carolina, $70
7.25; Japan grades, [email protected]; island, $G. 2»;
Broken, $3.50. ' •"
HONKV —Per lb.—Water white, extracted,
7ffi7',4c; white, extracted. 7c; light amber,
extracted, itjiS'/ic: water white comb,
lib-frames, 18c; white, comb, frames, 16c;
light amber, comb, frames, 12® 12 Ho; bees
wax, per lb. 30c. .._,
LIVE STOCK-Packers pay, to. b. Los
Angeles for beef steers, [email protected]: beef heifers,
BUffi4ci beef calves, 6c; mutton, weathers, (1.60
&5; ewes, $3.7504; lambs, [email protected]; Logs, 7> /2 c.
POULTRY— Large dressed turkeys, 270 per
lb.; small dreßsed turkeys, 25c; largo turkeys,
live, 250; small, live, 25c; large hens, 4 lbs.
and up, SOc; broilers, 1% to 2 lbs., 27c; friers,
2Vi to 3 lbs., 25c; roast chicken, 20c; duck, 20c;
geese, Wo; squabs, per dozen, $1.60; old roost
ers. He. Per lb. —Evaporated, strings, 1$
CHILI —Per lb. —Evaporated, strings, It
©20c; lose, 18c; Mexican black, Ji(j>J.sa,
green, lie; chill Uptns, $1.25; Japan, lac,
corn husks, [email protected]
HAY— (Baled). The following quotations
■re furnished by the Los Angeles Hay Stor
age Co (Per ton) —liariey or wheat bay,
$12 16.50: tamo oat hay, $15(u)ls.6O; al
falfa, $13.50®15. . ■':
MILL FEED —Bran, $1,60; whote corn,
$1.75; craoked 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 tacks, cwt. $2.05; wheat, 100-lb. sacks,
$:.io. > -
• . Retail Prices
Eggs, dozen • 10c
JBest butter, per pound 45c
Beef, per pound 8® 33c
Pork, per pound [email protected]
Lamb, per pound *....,.».. ..7®3oc
Sausage, per pound 18020 c
Ham, per pound, whole 22c
Ham, per pound, sliced 360
Barracuda, halibut, rock cod and yel
lowtall.'per pound 10c
Salmon, sand dabs, pound 1 20c
Herring and smelts, pound 15c
Oysters, quart •' *'«
Hens, pound 27c
Fryers, pound • 36c
Rabbits, pound 250
FRUIT MARKET
SAN FRANCISCO, Feb. IS.—Apples—Fancy,
7&cf[(sl: common, 50065 c. ■ ' ,-
Oranges— Navel«, *1.2.*1 ( 2.T3.
Mexican limes, H<iM.W. '
—Common California, $I©l.M; good
to choice, (22, M; fancy, J3r<i3.M.
llunanaa, 7Bcli-»:l. '
l'lnciipples, |2®2.60.
'•' CALIFORNIA DRIED FRUITS
NEW YORK. Feb. 18.—Evaporated apples
unchanged! spot fancy, 10>,i{fllc; choice, nit
fi'/^ic; prime, i; i"i- j common to fair, 6<&6%c.
i'ruiipii 111 til. California, up to SO-Ws, 2V t Q
JV4e; Oregon), 6iSßp. r '■. . - Vs" '
Apricots steady; < choice, !H;gll?;c; extra
Choice, U'iWl3'ic; fine, i-«i:i'«.
; Halalnit quiet; inn. muscatel, I" •' >■: choice
■ceded, MiMic; seedless, B',6'jl'lc; London laj
•n, 11.1531.25. /:■'■•-■ • ■;.■■. .• ■ ' '/
I ! First Exclusive Private Wire House on the Pacific Coast
J. C. WILSON
HIiMBES NEW YORK STOCK KXCHAKOE -
CHICAGO HOARD ill TRADE
I 111. STOCK AND HUM) EXCHANGE, 8. F.
, '!■ CORRESPONDENTS
HARRIS, WINTHROP & COMPANY
OFFICES—HOTET, ALEXANDRIA, 218 West Fifth St.
lIOTK.i. DEL COKOVMio, Coronado
MILLS 1.l 11.H1M.. Kan Franclico
PALACE HOTEL, San lraMcl.co
Open December 15. ,
Pasadena Clients Will Get Instantaneous Service by
Calling Home 119 » •
B. G. LATHROP, Manager
—TELEPHONES—MAIN 3798 '
CLEARING HOUSE BANKS '
~NAME ' OFFICERS.
Boaaw-y bank & Trust Company ZA^mmnfU!! mm' .
Capital, $260,000.
tdt-810 BroariwAy. Bradbury building- Surplus and Undlvldad Proflti. HW.Wt,
United States National Bank £ A# S B SiTH!'"oa.hi«: iJ™"la"l
-' Capital. t200,000.
0. E corner Main and Commercial. Surplus and Profits. !73.00t.
C.^cns national Bank ' %■/■ .^%%tf rg£&
Capital. $1,000,000. "'
r W. corner Third anil Main. Surplus. MOO.OOO.
Commercial National Bank . sit^S? NEBK&. FSafiS,
111 *" , Capital. (200.000.
Vt 401 B. Spring, earner Fourth. Surplus ami Undivided Fronts. HB.HO*.
Farmers & Merchants National Bank CH ?Ri£l LsE#LER Prcl2n?.r.
r - Capital, 11,500.000.
I Corner Fourth and Main. Surplus and Proflts, 51.900.00 a.
F»c«- Mb ionaTßa^k" J..M. ELLIOTT. President,
-.ist XMa lonal isanu t/ T , B . hammond. tis»i«.
Capital Stock, 250,000. ;
g E. corner Second and Spring. 8u lust and Profits. $1,636,004. -
Merchants National Bank M Iwj&S&*"SSSffi-
Capital, 1200,000.
8. K. corner Third and Rprlna*. Burplua and Proflta. $628.000.
National Bank of California ~ &. I K H E l : UBc^hf. r," l<UllU
Capital, lUO.OOO.
N. E. corner Fourth and prime- Surplus and Undivided Profits. SIBO.OML
C.uai XMational Bink \ S. P. ZOMBRO. President. '
•uu national isank james b. gist, cubiar.
Capital. (300,000. .
9, T. corner Fourth anti Broadwar. Surplus an<] Umrr¥!d*d Profits, 1241,0WL
■ - - LOS ANGELES SAVINGS "ANKS .- ■
«— gECUWTY *—«
1 LJAVINCS RAIVK
■ ' Largest and Oldest in Southwest
I Resources $27,000,000.00
B Pays the highest rates of Interest and on the most liberal terms
■ consistent -with sound, conservative banking. !
I • Money to Loan on Improved Real Estate
I Security Building Spring and Fifth Street*
GERMAN AMERICAN S»S BANK
8^ V THE if BANK WITH x THE 'm^[
1 EFFICIENT SERVICE I
I RESQURCESM.QOO.QO0 0
J S PR/NO \^
Are You Trying to Accumulate
a Savings Account?
We know of no better way to do this than to BUT UNITS OF MORT
GAGES and UNITS OF EQUITIES. In this way you can put a small
amount of money to work each month at a good rate of interest. When,
you have accumulated an amount equal to 10 per cent of any house
and lot you wish to own we will buy yie lot and build the house for
you and accept your Units as your first cash payment. Every dollar
that you invest in our Units is secured by Heal Estate.
The Unit Loan Company JESS
CHICAGO GRAIN
Special service to The Herald by J. C. Wil
son, member Chicago board of trade, New
York stock exchange and San Francisco bond
and stock exchange, 212 West Fifth street,
Los Angeles. *
OHICAOO, Feb. 18.-The wheat market has
been a very much mixed uffnlr, strontf and
higher early and weak later, May delivery lias
ranged from abuut 'U cents over to 1 cent un
d.r y.-slcrday's close. Grave damage reports
have lost their potency and sumo ot the receqt
leading bull:; have unloaded. Severe weather
prevail! all over tho winter wheat belt, but
the plant is well protected by snow ovi r all
the area cast of the Mlsßouri river anrl much
of it went. Weakness In corn ban counted
airainst wheat. The northwest has sold wheat
here rather freely.
Corn had a severe break today, tho result
of accumulating waaknen In the situation and
aggressive silling by the shorts. The leading
shorts that have been on the defensive Tor
months now appear to have taken the aggres
sive with material note today. Kaslern de
mand has proved very disappointing. Cash
corn has been hard to place anywhere, and
some ot tha local roads threaten to place an
embargo asalnst this market because of the
difficulty 111 cleaning up tfce accumulations.
Former leading longs have been steadily buy-
Ing today on a scale down and have had to
go quite a distance. Very cold weather tho
country ovir materially Increases the feeling.
We still feel bearish en this cereal.
Oats followed corn. Trade has been large in
the aggregate, chiefly of a local sort early,
and including much liquidation later. Sev
eral of the larger local traders sold oaU early!
miscellaneous longs sold later.
Provisions were Ftrnng early, but in the
main the list Is closing a little lower than
yesterday. leading lodbs have liotn nnlondiiig.
Buyert hay« uecn of a smaller sort, Including
new Investors an.l shorts. Cash ment and
lard trade, especially lard, ia .pot aa good as
It was.
Market Ranges
WHEAT— Open. Flißh. LOW, Close.
May ..„.-. J1.13?i $1.14V4 $1.12% P.l«
July/ 1.04% 1.05 . 1.03% I."- 7*
September , .9054 ■ 1.00% .Wl4 •«•*
May'^Z....^..... .6T«i •' .68 '• .MU .(W
July ::.::::::....:. tSft .-.««* v.«* '"'-
September <;*!» .6«| '.07% -".CJi
May* S.T 47T4 ,'ttU -<7 •««
July ............ 4l'i .44/. .«M ■**
September 41 .41% -40U .40%
May ...r 53.77H 23.93 15.70 23.70-
July :::*:..:;:;::: 23.70 23.W 23.C7'i 23.67^
Ma* 1"' 12. II.MW n-rthi 12.50
July I, 13.75 15.87V4 1».721i «.T7^
m"v 1!S ~ .. .. 12.47'/. U.« U-« >M«
j u lt :::::::::: a.» u .«o. «•««
dash quotations were an follow.: Flour firm,
Rye—No. 2, [email protected] Barley— or mixing,
68007*0: fair to choice malting, to®73c - lax
seed-No. 1 i.oulhwe.tcTn. $2.12; No 1 north
western. *2.22. Timothy seed, •••0»- '.!'', v, nr
■Md $13.90. Mcs. pork, per bbl., J-J.'■"'-< -
Lard, per 100 1b.., $12.80. Short rtb« Bide.
(loo»;), |I2»i 12.00. Short clear .Ide. (boxed),
''fjraln Total clonrnnc-oB of wheat
ami flour were equal to 177,000 bushel.. ■»■
port, for the week, as .hown by Bradatreet „
we» equal to 1.815.000 bushel.. I'.iu.ary re
osiptß were 4foooo busheli, compared with 626,
--000 bushels. • ■
Dally movement of produce—
» Ilecrlpt.. Shipments.
Flour, barrels ..r... 27,100; - 28,000
Wheat, bushel.- M.«» 20.600
buaturii ' :!<.»'» • 200,100
Oats, bushel. :.. 208,000 , 201,800
By, bushels .>...... -I.ooo' ■ 15.000
Barley, bualioll ' M.WO,'-,,^. i.,ooii
4gsp!| Yes, You $tssjh
KKKSean leave your money ' Sll3jM
\HK/m over night on the advk'»\M!jj7
of another bank and then SS-
take it to the other bank the next vk
JW day. We will accommodate you. 1A
It Then you will feel safe to leave it M
11 two days, and then, on your own cm
Eg Judgment, will do like nearly 18,000 |1
If people have done and will be one XI
H of th^m. They have left about H
ft $1,150,000 on deposit with us and JB
H still leaving more and getting In- MM
{ALL MKHUDm
£2&u&G3JB&. XL By JfcTeßflkaE
?".',' B|BTiew^f>m.a« -"leV tßC^'*^
Mjfl^ 6TII AND SPRING. 407 l^ggjJT
-\~ : 7— ; ~ ... •
Units of First
Mortgages
For persons accumulating a sav
ings account, persons who have not
sufficient money to own an entire
mortgage, or anyone who wishes a
safe investment, should buy Units,
which are parts of mortgages,, and
bear Interest. ~ -H.\J
THE UNIT LOAN CO.,
. '; »106 S. Broadway. :
I Banking for Women
Visit our special I Woman's Department
—'Special attendant. „
Los Angeles Trust and
Savings Bank
renlml TIIiIk. slulli and Main.
;■ — ■'/ ■ - t ;-' ■ . ' •:'■'•:-..-'
CjjsSla-^ The Land of
€ DELANO
The Land of
Early Products
w|s|3n|) S. F. B. Morse
\V §S23?N Development Co.
TMiiiinyinnr^ SSI S. MAIN ST.
Boy San Diego Home
Telephone StocK
Nets 10%
Fielding J. Stilson Co.
SO3 11. IV. IIKLI.MAN lII.DO. \.
AtStl. Main 10».
" OIL SALES
SAN FnANCtSCO, Feb. IS.-Mornlnif oil
■ales were as follows: .
1000 Oypsr .4 :...>0.26
1300 Premier 1.15 .
13«APremler . '• ••••• • 1.17' i
Palmer 1.20
h Informal »ul«b— ;; .<;.■• ■•; MMB
luiio lllua Moon *!>■-.">
300 i'alroer , , ..T..,..,... t ..,..;. 1.20 .

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