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Los Angeles herald. [microfilm reel] (Los Angeles [Calif.]) 1900-1911, April 12, 1910, Image 11

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Persistent link: https://chroniclingamerica.loc.gov/lccn/sn85042462/1910-04-12/ed-1/seq-11/

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SHORTS, ALARMED,
SCURRY TO COVER
Supreme Court's Action in With
holding Decisions Causes
Sudden Spasm
BUYING OF STOCKS HURRIED
Drooping Tendency of Grain and
Cotton Regarded as Sign of
Favorable Crops
NEW YORK. April 11.—Thero w»s a
midden spasm of activity in the stork
market today upon the announcement
of a reassignment for argument before
the supreme court of the American
Tobacco company and Standard Oil
caHPH.
The buying of stocks was hurried
and urgent and at rapidly advanrliiK
quotations. That It came largely
from uncovered shorts was obvious,
the professional bears having Bold
stocks in the early dealings on a ru
mor thai a decision adverse to the
American Tobacco company would be
handed down today. This mood of
tho speculation had been aggravated
by the speech of tho attorney general
in Chicago Saturday night and by the
intention there announced to extend
the scope of government prosecutions
of corporations to tho bituminous coal
combination and, lnferenUally, to oth-
era.
There was the additional considera
tion that the reoponintf of the two
leading anti-trust cases Implied a bal
ance of opinion In tho court Itself thut
left tho members unwiitlsfled to promul
gate a decision In easel of such wldo
scope and importance.
i>i:i.\v IS vvki.cosied
Th« delay which must now occur In
reaching a final decision In the rases
was accepted as a measure of relief
from the condition of suspense which
the weekly expectation of a possible
decision has hold over the stock mar
ket. For those who have held that the
Immediate suspense of this question
has been a repressive Influence on busi
ness, the cbund condition was" re
garded hopefully.
Other considerations were submerged
by the Importance attached to the new
position of the anti-trust cases. Bid
ding for stocks to test the market re
vealed smull floating supply of offer
ings. The drooping tendency of grain
and cotton prices gave force to fav
orable augnrlee for the crops.
Interest rates for time loans were
advanced again and rail loan rates
started the week at 3 1--' per cent, In
fluenced by both tho bank statoment
of Saturday and the belief that further
gold encasements would bo made for
this week's steamer. The fact that the
Bank of Kngland secure*! the bulk of
the South African gold arriving In
London, without competition, bore on
the situation.
The statement of agricultural ex
perts for March showed an Increase in
value, but ,a falling off In amount of
cotton exports compared with March
last year, Berved to alter tho discrep
ancy from the normal flour export
trade, which has been glaring for many
months.
The tone of the bond market con
tinued irregular, but there was im
provement at some points. Total salea,
par value, $2,276,000.
U. S. bonds were unchanged on call.
NEW YORK STOCKS
Special servloe to The Herald by J. C. Wll
«on. 213 W«t Fifth street, Los Angeles, mem
ber New Yurie stock exchange, Chicago board
of trade, stock and bond exchange of San
Francisco.
NEW YORK, April It—Following were the
quotations today;
Bales, mock. High. Low. BH. Ask.
Allls-Chalmera 1014 11
400 do preferred 38 371; 3714 BS!i
73,500 AinnlK Copper .... 76ft 72. 76% 76
400 Amor Beet Sugar. 88% 37> SSI4 88%
do preferred 93 94%
700 Amer Can Co 11 Vi 10% 11 11',
800 do preferred 74 72% 7414 II
2.000 Am Car and Fdry U4V4 61% 64 6.4%
....... do preferred 112V4 117
1.700 Amer Cotton Oil .. 6614 64 66 66ft
....... do preferred "106 107
Amer Express 280 290
400 Am Ice Securities. 2614 26% 2«% «
Amer Linseed 1.1% It
100 do preferred 40 40 37 38
1,300 Am Locomotive ..6214 49ft 52 6214
do preferred 112 111
34.500 Am Smlt and Rfg 83% 79% 83>4 83%
300 do preferred 106 104% 106 1(»>>»
400 Amer Sugar 123 12214 in 12:1',,
do preferred' .. m 124
Am Steel Fdra - 56 &8
I, 00 Am Tel and Te1..136'i 135 136% 13614
tIOO Am Tub [.til »7% 96 97 II
400 Amer Woolen ....36ft 36% SC% 37
200 do preferred 100 100 09% 1004
8,300 Anaconda 4014 4:>.'» 46% 46%
300 Atlantic C Line ..1211 1281J 12S!i 130
15,20»A T & Santa Fe..114>» lll'.J 113% 118%
100 do preferred 103 103 102% 103
1,300 Bait & Ohio 11114 11014 111% 11114
do preferred ..." .. 91 M
16,600 B R T 7814 76% 78% ,7814
2,200 Canadian Pacific ..is;; 182% . ISS isa'i
10.W0C & O i.. 86% 83% 8614 S(i>4
C & A .. .. 51 (4
200 C & Q W new.... 2714 2714 87% £814
200 do preferred 63 i..l 6314 65
400 C & N W 15414 151 15314 154%
10,800 C M & St P 143% 13914 14314 14314
1,400 do preferred 159% 15714 159 160
3,200 Central Leather .. 4214 4014 4211 42%
do preferred . .. 107 10S
200 Cent of N J 293 290 286 300
100 C C C & St L.... 87 87 S8 90
do preferred 100 110
600 Colorado F and I. 40 3814 4014 41
do preferred .. 11l 117
900 Columbus 11 C& I 1314 18 14 14%
1,000 Colorado Southern 5814 68 69 6014
....... do Ist preferred. .. .. 79 80 •
....... do 2d preferred.. .. .. 77 78.'4
800 Consolidated Gas.. 14314 140 143 14314
Mm Corn Products .... 17!* 16% 17 "17%
100 do preferred ..... 77% 77% 77 , 78%
200 Dal & Hudson ....172 17114 17214 173
D I, & W 592 60S
900 D& B O «014 3814 40% 40%
600 do preferred 7714 77 - 77 78
1,800 Distil Securities .. 32% 3014 32% 8214
Duluth S S & A.. ... „ 14 15
....... do preferred ....... .. 2614 2714
1200 Erie 30 28% 30 3014
400 do Ist preferred. 43% 48 4Sft 48%
.. do 2il preferred .. .. 37 3814
100 General Electric... :s>l% 150 IDI 163
800 Qt Northern Ore.. 68 65 67ft 68
4 100 do preferred 136% 134 18614 13614
'100 Illinois Central ...13814 13814 139% ITo
1,700 lnterboro-Motro ... 2214 21% 22% 22ft
1 500 do preferred 58 66 67% 58
"200 Internat Paper ... 13 124 13 1314
100 do preferred ..... 63VA 5314 63 54
1,200 Internat Pump ... 46% 45 40% 47
100 do preferred 81 84 M 8514
COO lowa Central ..... 23ft 22 23 ' 284
800 do preferred 43% 41% 4214 4314
600 X O Southern NN. 35% 33 35% 38
.. do preferred .. 6614 67
• " i,. 1, E& Western.•'•''.rfßh'.' 18 22
>'„.: . do preferred .. 58 62',
FINANCIAL-COMMERCIAL
CARLOAD SHIPMENTS
OF CITRUS FRUITS
<•■ (Shipments of oranges anil lemon* •■•>
■•• from l.i>a Angeles Friday, April 8, >,y
<•> were 14« carlutula of arancea anil 10 '.;>
..,. carloads of lemuna. Total to date -,••
<* tliere have bam m!il|«|h».l 14,418 car- <v
op liHtda, of whim IHiH were Irmoiui. <y
■V lMat season to date thorn were Hhli>;wd ••<
■„ lU.IUO carloads, of whk'li iHU m're ■:■
<•> Iriuiiiis. '■*'
1,600 L & N 106% 148 16014 161..
Maekay .. 8914 »o
do preferred 77 78
Manhattan 131 13«
100 Mexican Central .. 27% 27% 23 2514
Mln & St L So ii
sou m i-it l* & 8 8 M..140% "att 1311% 140
do preferred .. 14U 156
6,800 M X & Texas 41% »M* 41H 4H4
do praferrod 71 72
400 Missouri Paclflo .. i::i'Ki it 69 Hi
900 National Lead .... ISM no 14 MVi *"';»
100 do preferred 107% 107% 107% 110
utn National Biscuit ..llu Kxi'/a 107 110
do preferred .. 121 123V4
100 N V Air Bnk« ... 8014 Wit, so 82
6,600 N V Central 123 V* 120% 123 123 !4
N I C at Bt I. 5H 68%
'do ]»'. preferred 100 lib
Ho id preferred,. .. .. M 87
100 N V N 11 * Hart. 166 166 1..d Jl/i',4
700 N V (lilt & W 45% 41% 4614 45%
3.70U Norfolk & We»trn.lo3% 10214 108% 108%
do preferred .. H'J M
.»i North American .. 76 74 76 77%
3,800 Northern Ptu:liiu „IM% 13JT4 H\,% 135%
IUU umuhii 160 15U 148 IDS
.....;.. do preforred .. 180 176
Piulflo Coast ■ .. 11l 113
600 Paciflu Mall MM 29% 3uVi M
>23,41N Pinna 11 it Co . ..13i.% )M% l?.f,<» 13ti14
aw iVopiea as mi'/* 110 no 110',,
MO Pltubuig Coal ... i!o-.-» a.',, 20% 21*
do preferred .. 72 76
1,000 1' C C & tit 1-....101S 100% 102 1'J314
do preferred ill lie
600 Pressed Bteel Car. 44 4114 44 4414
do preferred 10114 103
100 Ry Stuei Bpn Co.. 4114 4114 40 4.1
do pit-furred .. 10114 104
134,800 Reading 107', 162 I** "•"■'»
100 lieadlns Ist. pfd .. ill 111 ul M
100 do 21 preferred.. 104 I'll K.i 106
200 Kepubllc 6 and i. 37 87 3714 H
400 do preferred 100 100 10) 10l
ll.t'ju Ruck Island Co ... 47% 4614 47% 47%
800 do preferred 82 tilt »1% HM
«00 BIOM blief S A 1.. 78 77 771, 78
SI Li *. BP lit pfd .. .. M 71
COO do 2.1 preferred .. f.(p" 48% 0014 60%
700 st 1. & H w 3't, UH 3"IV, 30%
200 do preferred 731 i 73 73% 731»
26,100 Southern Pa. illo ..Mbit 122% 126% 12&',j
2,600 Southern Hallway. 2!% 2614 17% 27%
too do preferred (14 621, *>">» . lil
4UO Tennessee Copper. 3t>% DO 311', 3214
200 Texas Paultlc ...".. 31 3074 311, 31%
....... Third Aye 6% 7%
200 Toledo St L& W. 43% 4314 42 43%
200 do preferred 66% lit* 66 66
Twin City It T 114% 115
Union 11 and I'apr .. .. 9 10
do preferred .. 64 (7
82,000 Union I'acltlo ....187% IS2U. 186% IS7
100 do preferred »71» »V& 9714 87%
United ltd* of 3F .. .. 361* 37
do preferred ' .. 6t 66
v 8 Cast Ira ripe .. .. 2114 Ml
....... do preferred .. 71 If
1.000 U S Rubber .%..... 4314 41 41 44
800 do Ist preferred.lls 11416 I>S'4 11*74
do 3d preferred.. ..' .. bo 8474
342.100 U S BUel Cor .... «S*4 SIT 4 86% 85%
4.W0 do preferred 13014 11:. 120 121',
4.400 Utah Copper 47% 4:.% 47 471,
400 Va-Car Chum 00. 681, 67% 68% Hi',,
do preferred 124 125
1.900 Wabaah 21H 21 21% 21%
400 do preferred 47 44% 47% 4714
Well* IVirgro Ex 170 180
800 Western Union ... 73 71 73 73' i
NO Westlngbouse 67 (3% 66 661,
...... W * 1. IS 4% 6
....... do Ist preferred, .. .. »'* 11
....... do 3d preferred 6% 6%
Wisconsin Central. ..-' .. . (0 63
Am Hide and Lea .. .. CVi 6%
600 do preferred 17% 16% 37 37%
Am AKr and Cham .. .. 44Vt 47%
100 do preferred 100 100/ 99 100
400 Beth Sl.-.-l 3114 31% 2»!4 31
do preferred 6:« ■ tH% \
Nat Enamel and 8.. .. 2114 231k
....... do preferred .■ IB 95
100 Pao Tel and Tel... 36 16 35 86<4
do preferred .. 90 101V4
U S Realty 78 79.
1,000 West Maryland ... 48% 47 4S'4 49
NEW YORK BONDS
Bperlal service to The Herald by J. C. Wil
■on, 213 West Klflh street, Lios Angeles, mem
ber New York stock exchange, Chicago board
of trade, stock and bond exchange of .San
Francisco.
, N"EW YORK. April IL—Following were the
closing quotations: Did. Asked.
Atdil.-on gen 4a 9814 99
Atchlson cony 4s 11114 111%
Baltimore & Ohio Lit 4s us - Wl4
B H I 4» 83% 64
Colorado Industrial 6s ' .''j
U i Realty 6 bo
Rock Island col 4s 76% 79
Southern I'uollio ref 4a 94% 95
Southern Turin.- col 4a 90 91
Bouthern Pacific cony 4s 100-., 101%
Union Paclflo Ist 4s 99% 1001*
Union Paclfla cony 4a 106 - 107
U a SUiel 6a 104% 104%
United Railway 4a 7014
Wabash dob 4s 70 70%
Western rualflo 5a 95% »5%
I) & X O rfdK 63 921, M
Japanese 4a 0214 92!4
Japanese Ist 4M,a 96% 96
Japanese 2d 4V4« '.'-'i 95T4
II 9 2a regd 100% 1011»
U S 2a coupon 100%
U 8 U regd 102>4 tOBM
U 8 Sa coupon 10214 M;]',
U 8 4a regd 11414 1151;
U Bin coupon 114% lU'.'i
Panama la 100% 101
Panama 1933 a 10ii% 101
TREASURY STATEMENT
WASHINGTON, April 11. —The condition
of the treasury at the beginning of business
today was as follows: Trust funds —Gold
OOln, {52,455,863; silver dollars, (491,117.000)
sliver dollars of 1890; $3,782,000; silver cer
tllicates outstanding. $491,117,000. General
(and— Standard silver dollars In general
fund. $521.1L'4; current liabilities, 510!>,2U3.
--4itl; working balance In treasury offices,
$20,312,6Hif; in tanks to credit of treasurer
of tha United States. $35,285,936; subsidiary
silver coin. $21,583,739; minor coin. $1,268,
--039; total balance In general fund. $86,
--236,880.
FINANCIAL RECORD
NEW YORK. April 11.— Money an call
firm, I9I)A pel" cent; ruling rate, 3*-»; clos
ing bid. 2%; offered at 3. Time loans very
firm and fairly active; alxty daye, 414 Per
cent; ninety days, 4!i8>4!%; six months,
41i.
Prime mercantllo paper. 414®5 per cent;
sterling exchange easier with actual business
in bankers' bills at $4.84©4.10 for sixty
days and at $4.5"4f 4.70 for demand. Com
mercial hills, $4.R3%®4.83T4; bar »llver,
63c; Mexican dollars. 44c.
Government bonds steady; railroad bonds
irregular.
CHICAGO LIVE STOCK
CHICAGO. April 11—battle—Receipts es
timated at 27.000; market steady and 100
lower; beeves, $6,166® 8.66; Texas steers,
54.90&6.35; western steers. $5.00®6.80;
stockers and feeders, $3.86® 6.46: cows and
heifers, $2.75«7.10; calves, $7.00f(f R. 50.
Hobs —Receipt" estimated Rt 2R.O0O; mar
ket mostly luc lower; light, $10.30©10.ISO;
mixed, $10.351810.66; heavy. $10.30fc'10.60:
rough, $10.30© 10.40; good to cholca heavy,
$10.4l)®10.60; pigs. [email protected]!5; bulk of
sales, $10.46910.65.
gheep—'Receipts estimated at 12,000; mar
ket strong; native, $4.50®8.36; western.
$6.005 i 5.33; yearling*, $7.10w5.50; lambs,
native, ♦7.7509.50; western, $8.00(g 9.60.
BUTTER, EGGS AND CHEESE
CHICAGO, ' April ' 11.—Butter — Steady;
creameries, 2/@3lc; dairies, 23®28c.
Eggs. —Easy; receipts, 38,088, at mark,
cases Included, 18® 20c; firsts, 20c; prime
firsts, 21c.
Cheese— Steady; daisies, [email protected]; twins.
Kin 'jc; Young Americas, 14^14%c; long
horns, [email protected]%0.
SAN FRAXCISCO. April 11.— Butter-
Fancy creamery, 2614 c; seconds, 25 c;
fancy dairy. 26c.
—New, 14ftc; Young America, 1614
«i Me. , ' ■• - - '. • -■ ■■- ■' ■
E»«»—Ranch. :3V4c; store, 2Jo.
LOS ANGELES HERALD: TUESDAY MORNING. APRIL 1.2, 1910.
SAN FRANCISCO STOCK
AND BOND EXCHANGE
Special service to The Herald by 3. C. Wil
«on. 212 West Fifth street.' Lou Angeles, mem
ber New York stock exchange. Chicago board
of trade, stock and bond axohange of San
Francisco.
SAN FRANCISCO, April 11.—Following were
the closing Quotations:
MISCELLANEOUS? BONDS Bid. Asked. I
A«BOCiated Oil Co r.» 9714 9714 '
Bay Counties Power Co 6a 10214
Cal Ontral Or and Eloo Sa 105.
Chl Gas and Elec gen M&CT 5»...100 10014
California St Cable Co 5b 103% ..
California Wine An»n 6s 87U .. •
City Electric Co 6s 91"4 9114
Contra Costa Water Co Cm 10014
do gen mtg la •<<■ ■. MM
Edison Eleo Co of I, A 6a 100 101
Edison Light and Power ti 107%
Flint Federal Trust Co 611 10114
Frrrlaa an.l Cliff Mount Ry 6s 102
Hawaiian Coml and 8 ha 104 10514
Honolulu R T and L Co 6s 107
Lake Tahoe Ky and T Co 6s 9714
Los Angeles Elec Co 6s 10114
Ix>r Angelas Oaa and El Co Ca 101 102%
]<oa Angeles Railway Dh 106
Inm Angeles Lighting gd 5s 100
»L A Pao R R Ist con mtg 6s 1044
I, A Pao It R of Cal 6a 10014
Market Street Cable 6» 103 10:114
do Ky Ist con mtg 5s I*9
Northern Ry Co of Cal 6a 112%
Northern Cal Power Co 5a 101
Northern Electric Co 6a 9214
Oakland TAnslt.Co 6s US
Oakland Transit 6» 105
Oakland Transit Con 6a 104%
Oakland Traction Con 6s 9914 99
Oakland Water Co gtd 6? 97
Omnibus Cable Railway 6s lciSVfi
Paclflo Oas Imp 4s 86
Pacific Electric Ry Co 6a 104% 10514
Vac Mo Light and Power Co 6a.... 9814
do gt« 6a 10114
Paclflo Tel and Tel Co 6s 99% 10014
Park and Cliff House Ry 6s 99
Park and Ocean R R 6s 100 •
Penpls'a Water Co 5s 71
Powell Street Railway 6a 100
Hacramento Eleo Oas and Ry 65...102 104
B F Oak and Ban Jose Ry 5s lot
do 2d mtg Da 94%
S F Oak and 8 J Con Ry 6s 8514 I
8.1 and 8 Clara Co R R 41*1 90 I
Sierra Ry of Cal 6s 11014
S P R R of Cal €s 1912 102%
do Ist c (Id g 6s 11014
8 P Branch Ry of Cal 6s 124%
S P R R Co Ist rfdg 4a 954 96
Stockton Oil* and Bl Corp 6a KM,
8 V Water Co gen mtg 4s 924
United Oaa and Elec Co 6a 9314
United It R of 8 F 4s 70"4 71V4
Vallejo 1) and Napa V R R 6s 76
Valley Counties Power Co 6a 101% 102%
WATKR STOCKS—
Mar In County 60 ..
Spring Valley Water Co 4714
OAS AND ELECTRIC STOCKS—
City Electrlo Co 68% 6914
N Cal Power Co con 66 ..
Pacific Lighting Corp pfd 77
do common I 64% • ..
INSURANCE STOCKS—
California Insurance Co 70 ' 79
Fireman's Fund 260 376
STREET RAILROAD STOCKS—
Presidio 45
POWDER STOCKS—
Giant Consolidated Co 80 ..
SUGAH STOCKS—
Hawaiian Cciml and Sugar Co 42
Honokaa Sugar Co 20%
Hutchlnson Sugar Plantation VJ 20
Makawell Sugar Co 55 6614
Onomea Sugar Co 6314 64
Paauhau S P Co 23% 29
Union Sugar Co 69%
OIL STOCKS—
Associated Oil Co 6014 6014
Sterling Oil and Dcv Co 2% 3%
MISCELLANEOUS STOCKS—
Alaska Packers' Association 91% 92H
Cal Fruit Canners' Assn 34 35
Cal Wine Association 33% 34% '
Pac Auxiliary Fire Alarm 4 .. '
Morning sales—2ooo City Eloc 6s 91%; 6000
Loa A Ry 6s 105%; 6000 Los A Pao Ist 6s 105;
4000 Peoples W 6s 71; 1000 Key Route 2d 5a 85; I
1000 Assd Oil 6s 97%; 170 do 60%; 60 City Elea
68%; 20 Honokaa 20%; 10 Onomea 6314; 10
Northern Cal Power 64; 10 do 6414.
Afternoon sales—l6.ooo So Pac Branch 6s 124%;
16.000 Cal Oas and E 6s 100; 10,000 Pac Tel and
Tel 6s 100; 2<iOo Spring V Water 4s 9214; 600!)
Pac Elec 6s IOC; 1000 Los A Ry 6s 15%; 6 Assd
Oil 6014; 120 do 60',;. -
♦-»-♦>
I CHICAGO GRAIN "j
Special service to The Herald by J. C. Wil
son, member of the Chicago board of trade,
New York stock exchange and San Francisco
bond and stock exchange, 212 West Fifth
street, Los Angeles.
CHICAGO, April U.-Ralns in Kansas and
generally in the southwest in tha last forty
eight hours made a lower start for wheat dur
ing which the selling was overdone. Leading
longs bought enough wheat to bring about a
moderate rally, but tne market was again
flooded with wheat, the advance being an In
centive to action on the part of stronger trad
ers and elevator men. Weakness of cash
wheat In all directions served to help along
more extreme weakness later, the weak turn
In corn also aiding In this direction. Cinch
bugs, which wero a factor in the market Sat
urday, were Ignored today. It transpires that
the bugs are the old ones who do no damage,
but young ones are to be reckoned with later.
Corn started weak, covering by shorts and
buying by a few new Investors caused a fair
recovery, then renewed liquidation and short
»"IHiiß turned the market weak rkrlii Bld9
from the east and for export corn are out "of
line, the export buyers calling for 16 per cent
moluture test corn, which the local owner can
sell to better advantage In tha pit. Weather
fine for heavy corn acreage and early planting.
Oats have shown more strength relatively
than any other grain on the floor, but at that
have sold a 14 cent over Saturduy's last quota
tion S-i May and July at tip top of day, while
September has but barely touched Saturday's
last. Fine crop prospects with bIK area have
counted against September. (.'ash house*
bought largely of May and evidently were
willing to tnke them on delivery next month.
The provision list displayed .considerable
weeknuss today, more from lack of new de
mand than from extra selling pressure. Gov
ernment figures on hogs were not as bullish
as expected.
MARKET RANGES
WHEAT— Open. High. Low. Close.
May $1.12^ |1.1J% $1.11T» J1.12
July LOG*, t.«t« 1.044 1.04%
September 1.021 a I.OMj 1.01% I.olla
CORN-
May 68% .6fc% .Th', .57%
July 6114 .611j .6lJ>j .60",
September 62% .62% .f.1% .61*4
OATS—
May 42 C'a .41% .41%
July .89T4 40% .3914 .S9>>
September 37% |38 .37% .37%
PORK--
May 23.90 23.90 22.80 22.97%
July 24.0714 24.15 22.90 23.16
September 23.85 23.5 i 22.85 22.90
LARD--
May 13.65 13.56 13.10 13.26
July 13.0714 13.0714 12.6714 12.80
September 12.95 12.971» 12.C0 12.70
Rl US-
May 13.10 13.10 12.70 12.85
July 12.8714 12.874 12.57% 12.66
September 12.7714 12.774 12.56 12.6714
Cwkli quotations were as follows:
Flour —Weak; No. 2 rye, 80c; fe«d or mix
ing barley, 55£i57c; fair to choice malting,
68 @ 66c; flax seed. No. 1 southwestern.
$2.25; No. 1 northwestern, 12.35; timothy
seed. $4.60; clover, 111.75; mess pork, per
barrel, [email protected]; lard, per 100 pounds,
(13.60; short ribs sides (loose), |1>[email protected]
13.12V4; short clear sides (boxed), f 14.000
25.00.
Grain statistics: Total clearances of
wheat and Hour were equal t0'313,000 busli
els. Primary receipts were. 673.000 bushels,
compared with 430.000 bushels In tho corre
sponding day a year ago. The visible sup
ply of wheat In the United States Inclusive,
188,000 bushels for the week. The amount
of breadstufls on ocean pnssage (lnorease),
536,000 bushels. Estimated receipts for to
morrow: Wheat. 22 car.s; corn. 296 cars;
oats. 163 cars; hogs, 15.000 head.
Dally movement of produce:
Articles Receipts. Shlpm'ts.
Clour, l.arrels J0.400 7.900
Wheat, bushels 8,400 4.100
Corn, bushels 171,300 54.000
Oats, bushels 133,200 119,100
Rye. bushels 3.000
Barley, bushels bb.luo 12,000,
LOWER TONE PREVAILS
IN THE BUTTER MARKET
Rain Boosts Productive-Canta
loupes from Imperial Valley
Due in May
In the butter market yesterday a much
lower tone (prevailed, owliiir to outlook
for larger production and receipts of
more than 85,000 pounds. The heavy rains
mean fine pasturage.
Egg receipts for two days were 822
cases with no change In price*.
Quotations on onions and potatoes remain
unchanged.
It was announced by dealers that the^
Imperial valley cantaloupe crop this year
will be quit« large. .Shipments to Los Ange-
I Irs and the east will begin early In May.
A car of Mexican tomatoes was sold at
12.25 crate. The market Is strong at
prevailing prices. New potatoes sold at
44*6 cents per pound. Shipments of fresh
asparagus were less than the average
last week, and on new truck there was
some, advance In prices. There was a good
deal of "grass" carried over from last
week, however, which brought very poor
prices. Prices on green •truck were about
the same. filth abundant.
Hwcelpts of produce were: Eggs, 822
cases; butter, 35,280 pound*; cheese, 1661
pounds: potatoes, 638 sacks.
PRODUCE FIUOH
EGC3S —Local ranch candled, extra se
lected, Me; local ranch, candled, 27c; local
ranch, cane count, buying price, 26c.
BUTTER—California creamery extras, lb.,
27c; do firsts, lb., 25c; cooking butter, 24c;
ladle butter, Me.
CHEESE—Northern fresh, [email protected]: large An
chor, IlO! Young America. Anchor, 19c;
hand. Anchor. 2JC! Oregon Daisy, 21c; east
ern singles, [email protected]; eastern Twins, li'ie;
eastern Daisies, l'J'ic; eastern Long Horns,
•>oc- • eastern Cheddars, [email protected]; Imported
Swiss [email protected]: Jacl. cheese, 230; domestl"
Swiss 23©25 c; cream brick, 20e; llmburger, 20
(ilia; Roquefort. 384f40c; Edam, !•«/»•
Canadian cream, box, 11. „,.... ,
BEANS—No. 1 pink, $5.45®5.55: NO. 1
llmas. 14.73; No. 1 Lady Washington. II SO.
No. 1 small whites. $5.40®5.50; No 1 black
eyes 15.26; No. 1 bayous, $6.60; No.
1 Garvanzas. $4.50; No. 1 lentils, California
POTATOES— Highlands, ewt. t1.i91.35; ls<m
poc, 81 65131.75; Watsonvllle, 11.M91.40; Oregon
Burbanks. $1.30(81.40; Oregon Early Rose, $1.60;
Oregon White rose. $1.7501.90; Salinas. $1,653
1 75; White Rose, $2; yellow sweets, 14; white
sweets, $2.50-83.00; red sweets, $2.25; new
potatoes, [email protected]
I ONlONS—Northern Australian brown.
I cwt. 11.7501.85: Nevartas, 3:1.25: Oregon.
$2.00; garlic. Bfl 10c lb.
FRESH FRUlTS—Apples—Bellefleurs, 4-tier,
$1.76: ■ nellefleurs. 4H-tler, 11.1001.35: • P.elle
fleurs, -tier. $1.76; Ben Cups, 4-tler, |[email protected]
169- fall I'lpplns. $1.59; fall Pippins, 4H-tler,
II IS; Greenings, $1.60; Greenings, 4%-tler,
$1 35; Hoovers, 4-tler. $2; Jonathans, Colo.,
$2.25; Pearmains, white winter, 4-tier,
$1.75; Pearmalns. red, 4-tier, 11.50; Pear
mains, red, 4H-tler. $1.20; Smith's elder. 4
tler $1.60; Smith 1 elder, 4V4-tler, $1.25; Ben
Davis, Col.. |1.25®1.59; Newton Pippins. 4
tler II 60; Newtown Pippins. 4V4-tler, 11.10©
115; Mo. Pippins. Col., $2.25; Langford's. 4
tler, $1.16; Lnngfords, 414-tler, $1.16; Rom*
Beauties, $2.25; Spltzenburgs, 4-tler, $1.85;
Ganos, $1.60; Wlnesaps, Col., $1.90; Wlnesaps.
4-tler, Cal.. $2.60.
BERRlES—Strawberries, per basket, 6®7c;
cranberries, per bbl., $15; raspberries, 150 a
CITRUS — graperrult, $2.75®5;
seedlings. $8; fancy lemons. $1.6008.24;
choice. [email protected]; fanvy navel cranes
$1.750 2.15; tangerine oranges, -box. $1.50
©1.75; Valencia oranges, fancy, $2,500};
limes. 20-lb. box. $1.25.
TROPICAL. FRUlTS—Bananas, lb. 40
sc; do red. lb., 6c; Fard dates, lb., 10®12o;
do Golden, lb. VVic; do Persian. 1-Ib. pkg
7Vi©Bc: alligator pears. do». $6; plneap-
Dle* fl iai ?G«
FRUlTS—Winter Nelils pears, picking
boxes, $1.60; guavas. basket. 4®sc; loquats,
per lb., 12HS16C.
VEGETAH..ES—Artichokes, doi., $1; aspar
«us lb [email protected] Brussels sprouts, 100 ID.;
Bell peppers. Florida. lb 40®460; beets,
ooz. bunches, 80335 c; string beans, lb.. [email protected];
green cabbage, $1.60* sack; carrots, dox.,
1 bunches, 26c; cauliflower. crate, $1,260
i 1.65; celery, rout, dozen, 76c; do.
! crate, $3.00; ' cucumbers, • dozen, $1.60;
' ©3; corn husks, cut. lb. lOo; do uncut, lb.
IBc egg plant. [email protected] lb; leeks, Jos 35c;
horseradish, 120 lb.; oyster plant, 860400 dos;
lettuce, 40c crate; peas, 7© lie lb.;
parsley, do» 25c; parsnips, dos 40o; Crlm.
son winter rhubarb, [email protected]&c box; spinach,
doz. 20; young onions, doz. [email protected]; turnips,
| do« bunches. 20*250; Mexican tomatoes,
crate, $2.00©2.25.
DRIED —Apples, evaporated, lb.
sfiioc. apricots, lb. 125); 13c; loose figs,
white, box. $1.50! do black, box. $1.35: do
Imported, lb. 16018 c; currants. 0H01Oo;
peaches, lb. .5*08o: pears, lb. 10«>12c:
plums, lb. ISMbc; nectarines, lb. ■HiiiiS'ic
Prunes—2o-80S? [email protected]; 30-40s. So: 40-60 S.
7 sc; 50-«0». 6o: 60-70s, «c; 70-80 S. 6 He; 80
--• Os, 6c; 90-lOOs. 4a •
RAISINS —2-crown, loose, 60-lb. box. lb.
4V4c; 3-crown, 6c; 4-crown, 5 lie; 2-crown
London layers, 20-lb. box. lb. $1.13; f-orown.
$1 25- 4-crown. $1.60; 6-crown. $1.85; Sul
tanas, bleached, lb. 9011 c: do unbleached,
lb BHe; seeded raisins. 16-o*. pk*. *%O.
me; do 12-oz. pkg SHO«Ho- ,
• NUTS—Almonds, fancy IXL. lb. [email protected]$c;
do No Plus Ultra, lb. 16c; brazils. 13014o;
cocoanuts, 96c®$l; chestnuts. 110120; fil
berts lb. UOI.OS hickory, lb 8c; pecans,
XX lb. 12',ic; do XXX. lb. 16c: do
XXXX ib 17c: eastern peanuts, lb. [email protected];
do California, lb. 6HO6e; do Japan, lb. 6.4
©7c; do Spanish, shelled. No. 1. lb. lOo;
plnenuts. 20c; walnuts, No. 1. S. S. lb. 140
16c- do No. 2. lb. lOo; do Jumbos. 17iS>l»o;
do 'budded, 18©20 c; popcorn, eastern, cwt.
$1.60; do local, cwt. $108.25. '. •
RICE Fancy Honduras (Carolina) 16.75;
dr choice Honduras (Carolina) 164J6.60;
Japan grades. $8.7604: Island. $.60; broken
"'HONEY—Extracted, water white, Ib. 70
1 lite extracted, white. 7c; extracted, light
amber. 68>6Vic; comb, water white. 1-lb.
frames, 16017o; whit.. 1-lb. frames, 15®
lie; light amber, 1-lb. frame*. 10013 c;
beeswax, lb. 300.
LIVESTOCK—Packers pay f. o. b. Los
Anneles for beef steers. SH»: beef heifers.
4U©sc: beef calves. 6'<ie6c: mutton, ■wethers.
$5J»<r6.00: ewes, $505.50; lambs, 36037;
"POULTRY—Large turkeys, live, lb., 26c;
i small tnurkeys, live. lb., 22c; large hens,
' 4 lbs up, lb., 20c; small hens, IVi to 4V, lbs.,
lib. lSc; broilers. lVi to 2 lbs., lb., 33c; friers,
i Hi to 3 lbs., lb.. 26c; roast chicken, per lb.,
25c; duck, lb., 22c; geese, lb., ISc; squabs,
doz., $1.50; old roosters, lb., lie. ,
CHILI— Evaporated, strings, lb. 154?20c;
loose lb, 17c; Mexican black, lb. 18c; green.
Ib. [email protected]; chill teplns, lb. $1.25; Japan.
HAY (Baled) —Following are quotations
paid by dealers to hay growers: Barley
hay $16.50 a. ton: wheat hay, $16.50 a ton;
tame oat hay. $17 a ton; volunteer hay,
|ii; alfalfa, small bales. $13.50: straw. $10
* Hay prices to the trade: Barley hay. $18;
wheat hay. $18; tame oat hay. $20; volun
teer hay, $13; alfalfa, small bales. $16;
itraW> '"• RETAIL PRICES
Eggs, dozen ,-. [email protected]°
Be* butter, per lb 80©30o
Beef per pound. .80330
Pork, per pound. 20&30O
Lamb, per pound... 7»3oo
Fausage, per x pound IHlwa
Ham, per pound, whole 220
Ham, per pound, sliced 350
Barracuda, halibut, rock cod and yellow
tall, per pound 100
Salmon, sand dabs, pound 200
' Herring and smelts, pound , 15a
Oysters, Quart Ma
Hens, pound *Jo
Fryers, pound • .350
Rabbits, pound .■■■■.■.■_■ Mo
COTON AND WOOL
PT. LOUIS. April 11.—Wool steady; medium
grades combing clothing, 20'<(2uc; liclit fine, IS
151:4 c; heavy nne, U&illa: washed, [email protected]
NBW YORK. April 11—Cotton—Spot closed
quiet, 15 points lower; middling uplands, 15.10 c;
middling gulf. 15.35 c. Sales, 770(1 bales.
Futures closed steady; April 14.82 c, May
1J.73P. June 14.44, July 14.43, August 13.84 c,
September 12.08 c, October 12.49 c, November
12.32 c. December 12.320, January 12.29 c.
PRICES OF METALS
IN NEW YORK MARKET
<$> NEW YORK, April 11.—Lead, dull;
... »[email protected],5.
<s> Copper, weak; standard spot, f 18.65
12.15; May. 912.65 13.80.
S Silver. SBc.
First Exclusive Private Wire House on the Pacific Coast
J. C. WILSON
MEMBER mCW TOBK STOCK HXCHANOB
CiriCAOO BOARD OP TBADB
TUB STOCK and nonn> BXCKAiraa, ft, B.
CORRESPONDENTS
HARRIS. WINTHROP & COMPANY
OmOBft—HOTEX, auexakskia. 111 W«*t ruth ■».
HOTEL DEL CORONADO. Oarmad*
MILLS BDILDIMO. hi Fr-netsc*
PALACE HOTEL, San Fraaclse*
Oiwa Decembat 1«.
Pasadena Clients Will Get Instantaneous Service by
Calling Home 119
B. G. LATHROP, Manager
FIBS2—TELEPHONES—MAIN »7»» .
»—————■ —--—_—_—_—_—■ ——— _«-_-»_—-—————■
CLEARING HOUSE BANKS ..
KAMB ' OFFICERS. .
C. _ , R J. WATERS, President
■>iiCfl!> national Bank vi w. woods, cashiec
Capital. 11.000.000.
P w forner Third ana Main. Surplus. ItOO.OOO.
C. A. DO.-, i.NUB. iresidenu
ominc. 1.11.1 ational Bank newman eshick. casaiar.
capital. $200,««. _«__
4«1 B. Sprlnir. corner Fourth. Burpl-jn anil Undivided Profits. IW.I--
Farmers & Merchants National Bank LW. HKi.LilA.\, jfreoitleat.
armers & Merchants National -Sank chari.es bktliir c.»hi««.
Capital. $1,500,000.
Corner Fourth and Wain. Surplus and Profits. $1.8M.0m
•S ; —~~ j m til^Liui i, prß.iaont,
r.:st Wti :onai ban- vv t. s. hammond. c^»i«»,
f> Capital Stock, $1,250,000.
I rB. corner Second ana print. gn lus end Profits. $l.« 28.00-
; r^ —: rrr ; ~~ vt. h. uox^liijav. iresweau
erchants National Bank . chas. greens, ca-biw.
Capital $200,000. ..«««-.
■ E. corner Third ana Sprint-. Surplus & Undivided Prod* IMo.o**.
r~ ... i. B. r'isHiiuHN. PresldeaC
ationai Dank of Caiitornia h. *. mckee. cashier.
K. K. corner Fourth and Spring. Capital. and 'undivided ProflU $180.000;
-, K. earner Fourth ana Sprlnr Surplus and Un.llvMed Proflta $180,000.
C. . . 8. V. ZOAIBKO. President.
.*.. national Bank jambs d. oist. c*sniaT.
Capital. $300,000.
• B. corner Fourth ana Broadway. Bun>lus and Undlvld-4 Proflts. tza.m.
.aw Vi .ank«4 Trust Company WAHKh, UU.USLBN, PusWaaV
v.- y i-ankc c 4 Trust Company A w REDM an, cashier.
Capital. $250,040.
801-810 Brnniivir Bradbury butldln* Surplus & Undivided Profits. 8225.0 M.
U. , („*„! _,__i, ISAIAS W. HtLi.IUN, Vraatdtal.
.»uca states National Bank F w smith, cashier.
Capital, 1200.000.
t E. terror Main ana Commercial. Burplu« snd Profit*. 878.M*.
LOS ANGELES SAVINGS RANKSI
gECBRITY ,
Largest and Oldest in Southwest
■*■"*■"» $28,000,000.00
I'ar* (he hlirhest rates of Interest and on the most liberal terms consistent with
sound, conservative bunking.
Money to Loan on Improved Real Estate
Security Building Spring and Fifth Streets J
"m^M^" m Ttt£ BANK WITH THE ■"-■lj|H|
JET EFFICIENT JEJ9VICE
$[ JFPRING ANA FOURTH STS,
FRUIT MARKET
SAN FRANCISCO, April 11.—Apples-
Fancy, $1.25; common, 111.00.
Berries —Strawberries. $1.006 2.76.
Mexican limes, [email protected]
Lemons—Common California, 11.25/ 17.^;
good to choice. $2.00® 3.00; fancy, $3,260
4.00.
Tropical fruits —Bananas, [email protected]; pine
apples, $3.0004.00.
CALIFORNIA DRIED FRUITS
NEW YORK, April 11.—Evaporated apples
steady. Spot, fancy. 10c; choice, [email protected]; prime,
3&«j'7e; common to fair, [email protected]*c.
Prunes steady; California, up to 30-4Oa, 2%@
Hie; Oregons, '>''!'.«•.
Apricots steady; choice. lOHSHe; extra
choice, lienv.c; fancy, 12®12Mic.
Peaches dull; choice.. 6!j®«?4c; extra choice,
Wont"! fancy, 7>4®7-)ic.
Raisins dull, unettled; loose muscatels, t%O
6Vic; choice to fancy needed, 686«4c; seedless,
[email protected]«4c; London layers, $1.1601.20.i
FLOUR AND FEED
Following are the wholesale prices on floor
and feed,' furnished by the Globe mills:
FAMILY FLOUR-
Al flour, per bbl 140
Al flour retails at $1.80 'i and 930 H sack.
Globe flour, per bbl $8.60
Globe flour retails at 11.90 'A and $1 '.» sack.
Sliver Star flour, per bbl SB.
XXX flour, per bbl $3.80
Eighth bbls., 20c per bbl. higher.
BAKKRS' FLOUR—Per bbl.— \
Globe flour $8.80
Eastern graham flour 6.80
Eastern whole wheat flour 6.50
Eastern, rye flour 6.00
Bakers' Al flour 6.00
Bakers' Magnolia flout 6.90
Bakers' pastry flour 6.70
MEALS AND CEREAL GOODS—
10 lbs. :5 lbs. 10 lbs.
Al flour $370 $.... $....
Pastry flour 3.50
Graham flour 8.40 3.35 3.80
Corn meal, \V. & W 2.80 2.75 2.70
Whole wheat flour 3.50 3.45 3.40
Rye flour 3.70 3.65 3.60
Cracked wheat 4.00 3.95 3.90
Farina 4.00 3.95 8.90
Wheat flakes, sack 60 lbs 1.90
do sack 125 lbs., net 6.00
GRAIN AND FEED— ' 100 lbs.
Wheat, No. 1 1200
do 100-lb. sack. No. 1 2.0:
Corn ••"HI
Cracked corn '■*
Feed meal »■»*
Rolled barley 1-50
Seed barley »■»»
Shorts I*l
East Willow Charcoal 8.00
Bran, heavy J-60
Kaffir corn, red 1-™
Oil cake meal *•«*
White oats J-™
Rye ,eed *•"
Egyptian corn *•»
Scratch food *•«*
Granite grit • •'»
Chick feed J'™
Cracked wheat *<>
METAL MARKETS
NEW YORK, April 11.-The market for
standard copper closed weak, with spot quoted
at IU.UOU.Hi April, J1i5.67WH2.72k; May.
Jl2 65&12.50: June, [email protected]; July, 1U.750
1" S5 Sales were reported of 26 tons April at
Jl2 75 The London market recovered part of
an early loss, closing firm, with spot quoted
at £i~ and futures at £58.
Arrivals reported at New York today were.
75 tons; oustom house returns showed export*
of 355 tons, making 3838 tons so far this
month Ixical dealers quotn lake copper at
J13.251if13.50; electrolytlo at J1361385, and, cast
ing at J12.75fi13.
Tin easy, with spot quoted at [email protected];
April May, Juno and July, J32.65<3>33. Th«
ixmdon markot was lower, but closed steady at
£149 10« for spot and £151 12s paid for futures.
Lead dull, with spot quoted at $4.40®4.45
N'W York and [email protected] Bast St. Louis. Lon
don markut unchonKed, £12 12s 6d.
Spelter easy, with spot quoted at J6.534(5.65
New York and at J5.25ii5.42H East St. lyiuls.
London market i-liaile lower at £22 17s 6u.
Iron was higher at Bis l',£d for Cleveland
warrants In London. Local markot was quiet.
No. 1 foundry northern. [email protected]; No. 2,
Jl7 6Offl>18; No. 1 southern and No. 1 southern
soft. J17.6W17.75.
#-•-♦
VISIBLE SUPPLY OF GRAIN
NEW YORK, April U.-Visible supply of
grain Saturday, April 9, aa complied by the
New York produce exchange, was:
Wheat 29,211,000 bushels, Increase 207,000
Corn 113.444,000 bushels, decrease 334,000.
Oats 10,048,000 bushels. Increase 133,000.
Rye 807,000 bushels, decrease 87.000.
Barley 3,079,000 buahels, Increase 59.000.
A $1,250,000 m
'C^i/wan our Aryorita In 15^%^|hr
jni months. Isn't so bad for a «nr
Mf healthy Infant? There are rtuont tt
BT why. Watch ads 401 to 407. They
1% will ask for the 10 best reasons m
MM why 100 people a day are opening SI
mm accounts with us. Can you give a *1
H better reason than has been given? ||
vi .We pay Interest on deposits; have M
■ safa deposit boxes. SI
mv MiGtfn&mi
\£HlJlsf BTH AMI SPRING. 80'J *4g%jsy
PACIFIC COAST TRADE
SAX FRANCISCO, April 11.—Beans—
Pink. $4.SO(</:,.0n; lima, »[email protected]; small
white. »4.5004.85; large white, 13.7504.00.
—Oregon Burbanks. TloOll.00;
Salinas Burbanks, 11.3501.(0: Merced
Sweets, $2.0011 2.50.
—California fancy, nominal.
Various—Green peas, I04H; string beans,
20^27c: men peppers, 280400.; asparagus.
ll.ottitpl.2s; rhubarb, 40c(a$1.00; garlic. 3
@sc; cucumbers. 72c; Mexican tomatoes,
$1.50© 50; mushrooms, 25cw1.00.
Poultry—Live turkeys, nominal; roosters,
old, $3.00W5.00; roosters, young. JS.OO'yIO;
broilers, small, $3.000 4.00; broilers, large,
14.0006.00; fryers, [email protected]; hens. $5.60®
11.00; ducks, old. $6.0041:7.00; ducks, young,
$S.OO(U 10.00; geese, $2.00512.50; pigeons,
young, $1.60 (if 2.00.
SAN FRANCISCO, April 11.—Flour —
Family extras, $6.20® 6.60: bakers' extras,
1t.20Q6.t0i Oregon and Washington, $5.60.
Wheat—Shipping, 11.7001.75.
—Feed, [email protected] 14 : brewing,
$1.2741 1.30 ; chevalier, nominal.
—Red. $1.37 « 1.47U ; white. $1.47>i;
:,i i.i,;.; black, nominal.
Mlllstults— Middlings, 132.00©3.".00; mixed
feed, |1t.00010.00i oatmeal, $4.20; oat
groats, $4.20; rolled oats, $32.00Jj 34.00.
Hay—Wheat, $12.00® 18.60; wheat and
oat, $10,004(15.00; oat. wild. $9.00gil3.0();
oat. tame, $10.00® 16.00; alfalfa, [email protected]
12.00; straw. r.o®7sc.
Receipts—Flour. 4865; wheat, 2470; barley,
1210; oats, 410; beans, 662; corn, 60; pota
toes, 6725; bran, 100; middlings, 30; hay,
702; hides'. 1545.
■» « «■
INCORPORATIONS
Articles of incorporation filed with the
county clerk yeßterday are as follows:
Hem's Construction company—Capital,
$10,000; J. Heln. PhillD Heln. H. Heln. di
rectors.
I.ob Angeleß Fire and Insurance company
—Capital $200,000; Bradstreet Miller,
Charles C Bpleer, William W. Woods, Em 11
Ganz, l^eo Goldschmidt. I W. Wallace,
Charles Donlon. J. B. Bonettl. Q. W. Cart
wright, J. O. Hlckman. J. A. Hug-hes,, 11.
A. Jastro. W. W. Wllcox, W. F. Holt, F. E.
Graham, directors.
Western Pips and Steal company of Cali
fornia—Capital. $500,000; W. F. Howard,
J. A. Talbot. W. Q. Talbot. A. C. Dunham,
H. W. LAiiiceford. dlreotors.
Midway Bas;n Oil company—Capital,
$500 000; A. O. Steams. Herbert J. Evans,
Charles C. Browning. E. U Koster. H
W. Johnstone. Robert C. Avery. O. A.
Whlteford. directors.
Extension OH company —Capital, $1,000,-.
000- F R. Dunlay. O. G. Gillette. Julius
Fried Parker Barrett. W. V?. Worthing-. J.
M. Dunn. Mat Havltin. directors.
Treasure Oil Healty company—Capital,
$2 000 000; F. D. Hall, c. V. Hall, H. I*
Smith J. n. Smith, L H. Jones, directors.
COFFEE AND SUGAR
NEW YORK, April U.-Coltee futures closed
steady at a net decilue of BglO points. Sales,
12, WO bags Clo*!n» blda: April ur.rl May,
6 55c- June, 6.65 c; July, «.70o: August. Septem
ber October and November, 6.76 c; December,
6.80 c; January. 8.880; February, 6.83 c, and
March, I.85&
Bpot qulot; Rio No. T, Via; Santos No. 4,
Mid quiet; Cordova. 9tt3'12%0.
Sugar—Raw quiet; Muscovado, 89 teat, 3.86 c;
centrifugal, 96 test, i.8Bo: molasses sugar, S9
test, 3.61 c. Refined sugar quiet. Cut loaf,
5.950; crushed. B.85o; mold "A," 5.60 c; cubes,
6.400; XXXX powdered. 8.80 c; powdered, 6.20 c;
granulated, 8.IB0; Diamond "A," 6.15 c; con
fectioners "A," i.980; Na 1, 4.»Oo; No. 1, 4.86 c;
No 3, 4.80 c; No. 4. 4.75 c; No. S, 4.70 c; No. 6,
4 65c- No. 7, 4.tW; No. 8 ,4.45 c; No. 9. 4.60 c:
No. 10. 4.400; No. 11, 4.40 c; No. IS, 4.35 c; No.
13, 4.30 c; No. 14, 4.30 c.
You con buy It, perhaps at many places, but
there's one BEST place to buy It—and that
«lace advertises.
LITTLE LEFT
5 C
BLOCK OF STOCK
You want to get into the Mid
way Oil Field, and get in quick!
We offer you the cheapest stock
that has yet been put upon the
market. We give you the best
chance for a profit-winner you
have so far seen. We will get
you the quickest action for you."
money that your heart could
wish. We offer, subject to prior
sale, and advance in price with
out notice, treasury stock in the
Midway-Maricopa
Crude Oil Company
We have a capitalization of $1,
-000,000, each share of par value
$1.00, with 550,000 shares in the
treasury. Our books arc open
for subscription to the ground
floor block of stock at FlV]*:
CENTS A SHARE. Only a lim
ited amount at this price, ami
much of it already subscribed.
First come, first served. Th i
next block of stock will go on
sale in a few days at a higher
price.
Officers and Directors
President—GEOßGE C. HALDE
MAN, Secretary Benson Investment
Company.
Vice President—H. L. MUSSER.
President Aggeler and Musser Seed
Company.
Secretary—ALßEßT G. SHAW,
Cashier Southern California Supply
Company.
Attorney and DirectorA. J.
MITCHELL, attorney-at-law.
Director—C AR L H. PAFEN
BACH, Vice President Shafer-
Qoode Motor Company.
Big Money in
California Oil
One hundred and sixty million dol
lars' worth of crude oil has been pro
duced in California. These are the fig
ures covering a period of 35 years.
But—think of this—FORTY MILLION
dollars; worth WAS pro
duced LAST YEAR. That is, in one
year, 1909, one-third as much oil was
brought forth as for the 34 years which
preceded 1909!
Nor Is this so surprising as to know
that this year, 1910, the production of
oil will not be less than $50,000,000 In
value— it may run up to $75,000,000
if they keep on bringing in gushers of
1000 to 10,000 barrels a day capacity.
THIS LAKEVIEW WELL ALONK
PRODUCED OIL ENOUGH IN £0
DAYS TO BE WORTH A HALF MIL
LION DOLLARS. At that rate, If the
oil could all be caught and saved, the
well would earn for its owners $25,000
a day, or something like $9,000,000 a
year.
How Much a Producing
Oil Well Is Worth
The Standard is building double pipe
lines all through this territory to take
away the oil, which it fears will be
spilled and wasted from overflow of
tanks and sumps, unless it hustles to
provide facilities tor transportation.
The Standard Is making long-time con
tracts to take away total production
at the rate of <55 cents a barrel.
From this it may be figured what an
oil well is worth. If it flows 1000 bar
rels a day, or 365,000 barrels a year,
selling at 65 cents at the wellside, the
year's product will bring In nearly
$240,000 gross, and after deducting lib
erally for expenses the net earnings
will be close to $200,000. That would
pay 20 per cent dividends on a million
capitalization!
To look at it another way—a pro
ducing oil well is counted worth as
many thousand dollars as It produces
daily barrels. That is, a thousand
barrel well would be worth a million
dollars. A fifty-barrel —which Is
about the minimum In the region where
we are to operate—would be worth
$50,000.
Wells may be put down, one to the j
acre, but usually not more than one
to two acres. Our property will admit
of forty wells. Suppose that these
wells produce only the mean average of
fifty barrels each per diem, our total
production would bo 2000 barrels a day.
That would earn us $1300 a
day.
That would be $475,000 a year.
That would pay dividends of
471% on a million capitalization.
That would make our property
worth several millions.
That would make our stock
worth many times par value of $1.
That would mean a tremendous
profit to those who buy stock un
der par.
These figures may give you an Idea
of how easily several Califomlan .
whom we all know, have acquired mil
lions in the oil industry. They have
had hundreds of wells earning them
thousands of dollars a day. This la
easy money! It isn't like GRTJBBINO
for it. IT IS LIKE FINDING IT!
See Us* Early Today (Tuesday)
We advise you to make an Invest
ment in oil and to do It right away
without waiting too long. Don't coma
In after everybody else is in! Don't
hesitate now, at the psychological mo
ment to make a big profit for yourself.
Set . aside what you can safely spara
and MAKE YOUR FIRST INVEST
MENT IN OIL.
Internationa!
Investment
Company
1012-13-14 Union Trust Bldf.
Fourth and Spring Streets
LOS ANGELES, CAL.
Oleum Development Company
The beat speculative purchase of all the
oil stocks, Full Information furnished,
and orders executed by
Fielding J. Stilson Company
303 11. W. UelLuuui Building. . ■ . '
A 5547 Main 10». ,
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