Los Angeles herald. [microfilm reel], May 22, 1910, Page 11, Image 39

About Los Angeles herald. [microfilm reel] (Los Angeles [Calif.]) 1900-1911

Image provided by: University of California, Riverside; Riverside, CA

                
part in
PARIS WILL LIST
AMERICAN BONDS
European Report Principal Cause
of Advancing Prices of
Securities
LONDON EXCHANGE INCREASE
Bank Statement for Week Shows
$14,000,000 Gain in
Loan Account
r Associated Press] if); ',";.
NEW YORK, May 21.—The stimu
lant for the speculative advance In
Stock! today was the revival of the
reports of the placing of American
bonds in Paris.
The subject remained in the rumor
stage,' but positive predictions wore
heard In stock market circles that
formal announcements on the subject
would bo forthcoming early next week.
Meantime, no confirmation could be
had for those vague rumors from the
bankers and railroad officials supposed
to be more nearly concerned in them.
Along with the bond sale rumors
came the revival of stories that Unit
ed States steel was to bo listed in
Paris. Estimates as to the amount of
the alleged bond sales in Paris were
raised materially abovo those advanced
when the subject first came to the
stock market attention.
The reports of the Paris bond sales,
which were the principal Influence in
advancing stocks were without effect
on the foreign exchange markets. Bills
of exchange on London rose again to
the highest point touched since the
foreign purchases of our bonds broke
the market. Demand sterling today
was quoted at $4.83.65 which is nearly
1-4 cents on the pound from where It sold
when bills were being sold under the
Impression that exchange had been in
liberal supply against the bond sales.
Today's price is but three-fourths of a
cent in the pound lower than the high
est price of the season in the course
of the export movement of gold last
month. The pig-iron market is report
ed to be Improving in tone and today's
news of crop conditions was favorable,
the rains In Texas being an item in
that news. Trade advices to the mer
cantile agencies were mixed and the
American Railway association reported
another addition to two weeks of 25—
000 surplus curs bringing the net sur
plUS to 122.693 cars, a higher figure
that! at any time since August 18 of
last year. • -<„..
'There is nothing in the known trans
action^ of Hi ■ week to explain' the ac
tual Increase of $14,000,000 in loans
nhri\yn by Die bank statement. The $9.
--nOO.WO gain In cash, however, left a
mat-gin of Increase in the surplus of
$3,886,275 in Kpite of the expanded de
posit liabilities and is sufficient to ex
plain the en sing of the money market.
This ease of the local money market
Is a factor, also, In the persistent rise
in foreign exchange. The stock market
closed irregular and at a reaction from
the high prices.
Bonds were steady; total- sales, par
value, 1988,000. '
United States 3's declined 1-4 per
rent In the bid price on call, since
last week.
NEW YORK STOCKS
Special service to The Herald by J. C. Wil
son, 212 West Fifth street, Los Angela*, mem
ber New York stock exchange, Chicago board
nf trade, stock and bond exchange of San
Francisco. . '
KBW YORK. May Following were the
- quotations today:
Bales. Stock. High. Low. Rid. Ask.
Allls-Chalmers 9V4 9%
do preferred 32 35
- 12,400 AmalK Copper .... V: 1! 7!»i 72% 7214
600 Anier Beet Sugar.. 38 37*4 87% S8
....... do preferred 83 94
100 .Amer Can C 0,',,.,. »■ 10 '■>'» W4
too do preferred 74% 74 74 HH
2.000 Am Car and Fdry. 62% 63 62% 62%
, do preferred lie 115"..
Amor Cotton Oil .. .. .. 11% 64%
da preferred ■.. PS 107
„• Amer Express 250 --''
Am lea Securities. i 25% M 7»
Amur linseed 1314 14V6
p do preferred ■ .. 35 37 .
jno Am Locomotive ... 4D?i 40% 49' iBO
200 do preferred 110 110 107 110
' 8.900 Am Smlt and Rfsr. 81T4 81% 81% 81*6
200 do preferred 106 105 105 106
' 200 Amer Sugar 124 114 123% 124%
...'.... db preferred .. .. 122 124
Amer Steel Fdrs 56' i 67
200 Am Tel and Te1...137 138% 186% 137
„>.... do preferred 95% 97
•.■no Anier Woolen 35V1 8514 M 3314
100 do preferred 100% 100% 10014 102
1.600 Anaconda 44% 44% 44% 46
100 Atlantic C Line .. 121% 124% 124 125
7,100 AT* Santa 11114 111 11074 111
100 do preferred 101% 101% 101% 101%
3,700 Bait & Ohio 114% 114% 114% 114%
, .» do preferred 90- 91
9,000 BTt T 82% 81% 52% 82%
4,600 Canadian Pacific..l 97% 196% 196% lM'.i
6,300 C & O SSli 87% 87% 87:
„ C & A.., ; 4614 47
mC& O W new 2814 28% 2814 28%
400 do preferred 63% 5214 53% 64
600 C& N W 154 153 Vi 153 164
4,100 C M & St P 140% 1401 i 14014 I*)%
800 do preferred 168% 157 157 158
2,900 Central Leather ..42% 42% 42% 4214
100 do preferred 107% 107% 10714 10814
i Cent of N .T .. 280 2!»
C C C & St L .. 85 86
» do preferred ..... .. .. 100 110
1,600 Colorado F and I. 88% 88% 8814 BS%
• do preferred .. 114% 120
Columbus H C ft I .. .. 714 8%
100 Colorado Southern. 60% 6014 6014 61
1. do Ist preferred .. .. ■ 76 78
, do 2d preferred .. .. '. 75 76
4.300 Consolidated Ga5..14214 . 140% 14174 142
000 Corn Products .... 16% 16% 16% 10%
100 do preferred 78% 78% 7814 79
». Del A Hudson .. , 172% 174
, D Ii & W 675 600
800 D & G 41% 41% 4114 41%
100 do preferred 80% 80% 80% 80%
» Diamond Match 100% 100%
100 Distil Securities .. 31% 31 .30 SI
Duluth aS & A... .. „. 14% 1514
20» do preferred...^.. 29% 29% 2914 31
600 Erie, 2614 23 2!) 29%
700 do Ist preferred.. 47% 47 I 46% 47%
100 do 3d preferred.. 3714 8714 3714 8714
100 General Electric ..16014 16014 150 161
' 800 (it Northern. Ore.. 64 63% .. 114 06
3,600 at Northern pfd ..137% 136% 136% 137
200 Illinois Central ...136 135% 136% 136
1,200 Interboro Metro .. 21% 21 • 2114 21%
800 do preferred 66% 6614 66% 66%
100 Internst Paper ... 12% 1214 12 1:1
1.100 do preferred 62% 61 61 6214
» Internet Pump 48% 48%
, do preferred .. 8514 85%
400 lowa Central 21% 21% 21 -22
400 do preferred ..... 40% 40% 40 40%
100 X C Southern 35% 86% 8614 35%
100 do preferred 68 68 elf 69
L, B & West .. .. 17 20
100 ■ do preferred ..... 53 62 60 60
900 T. A N 148% 147% 148 148%
....... Mackay „ • 87% 89.
....... do preferred ..' .. >, 76%; 78%
, Manhattan .. 135 136
100 Mexican Central .. 29% 29% ■• 29% 29%
....... Minn A St L ■ „ a 8&
FINANCIAL-COMMERCIAL
do preferred .. 63 68
100 M St P & S S M..141 HI 140% 141
100 do preferred ISO 150 149 154
1,700 MX & Toxas 4:t\i 43 4214 «',»
do preferred '.. 69 71
4,200 Missouri Pacific .. 71! 71 71% 7214
600 National Lead ... 79% 79' A 7914 80
ii.i preferred 10714 107%
National Biscuit 106 . 10!)
do preferred .. 1211 123
Nevada COM 21% 2114
N V Air Brake 78 7,
4,900 N V Central 12214 121% 12114 122
N V C & St L .. .. 61 62
„).... do bit preferred.. .. .. 100 110
do 2.1 preferred.. .. .. 87 95
N V N II & Hart .. .. .. IH4
4,600 X V Ont & W 47% 48TJ 4(i'(, 47
3,000 Norfolk & We«trtl.lOH% 10414 104% 104%
do preferred .. 88 93
200 North American .."4 74 74 7414
3.900 Northern Pacific ..13314 132% 132V4 153
Omaha ... 141 155
do preferred 160 170
Pacific Const 111 112
600 Pacific Mail 27% 2714 27% 27*4
3,610 Pcnna R X C 0.... lSu'i 136(4 13B"4 135%
600 People* Gas 101% 108% ICBT4 109
100 Pittsburc Coal ...20% 20 2014 2014
■ 100 do preferred 71 71 70 72
300 PCC& 81 I, 10114 101 10114 ™1%
do preferred 110 116
Pressed Steel Car .. 1« 40
300 do prof erred 901J 99 99 100
Ry Steel Spring 89 40
do preferred .. 100 105
46,700 Reading 160% 166 16«% I<>6%
do Ist preferred 90% HM
100 do 2d preferred.. 10314 10314 10:{',i 10!%
Republic S and 1 3414. 35
300 do preferred 97% 9714 97% OS
5.000 Rook Inland Co ..45% 45% 4515, 45%
do preferred 894 90%
Sloss Shef S and I .. .. 74% 7514
at 1.. & SF Ist pfd .. .. 67 ,70 .
100 do 2d preferred.. 434 4314 4814 49
400 St L& 8 W 82% 32 32 3214
600 do preferred 7.".',;, 76 76 %'A
10.700 Southern Pacific ..128V4 1274 127% 127%
200 Southern Railway. 2714 2714 27 27%
100 do preferred 6314 6314 63 6314
100 Tennessee Copper.. 23 28 27% 28
Texas Pacific 3214 33
Third Aye .. 014 7
T St I. * W 37 8814
«00 do preferred 64% 64 «3 64
Twin City R T 11114 113
- 1) and Papr .. .. 774 9
300 do preferred 62 62 60 65
27,100 Union Pacific 186 185% ISM« 186%
800 do preferred 95 94% 94% 9*14
United Rdß of.SF 84 87
do preferred 63 64
U S Cast Irn Pips .... 20 22
do preferred 71H 7414
U 8 Rubber .. 4314 43%
< 200 do l«t preferred..ll3 113 112% 111
do 2(1 preferred 77 79
60,100 U 8 Steel Cor 85 8414 844 84%
2,900 do preferred 118% 118% 11814 118%
4,400 Utah Copper 47% 4714 47"-i 47%
' 700 Vii-Car Chem Co. 61% 6114 61 >i 61%
do preferred 110 126
1,100 Wabash 214 21*, 21% 23
4,900 do preferred 48 4714 4714 47%
Wells Fargo Ex 168 176
100 Western Union.... 6814 6814 68 6514
300 Weatlnghouse 66 6414 64% 66
....... W & I. 10 414 6
do Ist preferred 1114 12
do 3d preferred.... .. 6 6
200 Wisconsin Central. BITi ' 64A 64 65
Am Hide and Lea. .. .. 614 6Vj
100 do preferred 35 St 3414 35
100 Am Agr and Chem 46 46 46 46%
„ do preferred 101 103
Beth Steel 21% 2»H
■ do preferred .. 6814 67
Nat Enamel and S .. .. 20 SI
do preferred „ .. 85 95
Pac Tel and Tel 33 85
.... do preferred .. M 100
1,600 Internet Harvester 9914' 98% 98% 99
do preferred .. 122 123
800 IT S Realty 77 74H 76 77
300 West Maryland ...4814 48 4T14 4814
Total sales, £95,000 shares.
NEW YORK BONDS
Special service to The Herald by .T. C. Wil
son, 212 West Fifth street, Los Angeles, mem
ber New YorK stock exchange, Chicago board
of trade, stock and bond exchange of Ran
Francisco. 1 ~J\~ ■'
NEW YORK. May 21.—Following were the
closing quotations: • . . Hid. Asked.
Atehlnson een ♦■ ....1 •< 9814 98%
Atchlnson cony 4s Uf 111
Ft A O Ist 4s 98 9814
I! R T 43 83 8514
Colorado Industrial 6s 79 80
IT 8 Realty tf • • 90
Rock Island col 4s 7714 77%
Southern Pacific ref 4s 94 94%
Southern Pacific col 4s 90% »l
Southern Paolflc cony 4s 10114 10114
Union Pacific Ist 4s 10114 101%
Union Pacific cony 4s 10614 106%
U S Steel 5s ..'. 10414 10414
ITnited Railway 4s .. 70
Wabash deb 4a 70 71
Western Pacific 6s 93% 9414
D & R O ref 5s 91% 92
Japanese 4s 91 92
Japanese Ist 4"4» »4«, 95
Japanese 2nd 414s 94<-i M
US2sregd '00% "lVi
V B !s coupon 100% •■
t- B3s regd If W3
V 8 3s coupon I'- J«
ll 549 regd ll«i 1M v
VS 4s coupon H4V4 11614
Panama 2s 100 100%
Panama 1938 MO . 100%
FINANCIAL RECORD
NEW YORK. May Money on call,
nominal: time loans, easy; sixty days, 314®'3%
per cent: ninety days, S%@4 per cent: six
months, 4<iM'.i per cent. .
Close—Prime mercantile paper, ,4%@51i per
Sterling exchange— with actual busi
ness In bankers 1 bills at 4.84.25@4.84.60c tot
sixty-day bills and at 4.87.550 for demand.
Commercial bills, 4.5r,-V-i 4.S4'.<\
Bar silver, 63% c; Mexican dollars. 44c.
Government and railroad bonds steady.
FRUIT MARKET
FAN FRANCISCO, May 21.—Strawberries,
|2.50®6; blackberries, $l©1.50; raspber
ries $1(5'4.60; common peaches, 90c; fancy,
»1 box; navel oranges. J1.50(8>3.25; Mexican
limes 16@7: common California lemons,
«1.25®4; bananas. 75o0?3; pineapples, 12,50
@3.50.
CALIFORNIA DRIED FRUITS
NEW YORK. May 21.—Evaporated apples
are steady, with a moderate demand for
future delivery at 6%0 for November and
December. On spot fancy, 10c: choice, B@B%c;
prime, 6<3>714c; common to fair, C@6%o,
Prunes aro firm, with a good jobbing de
mand and small Inquiries. Quotations range
from 2%®8%c for Callfornlaa up to 30-403 to
4@90 fur Oregon fruit.
Apricots are quiet, but grm. on the small
stocks and In sympathy with the coast mar
kets. Choice, 10@10%c; extra choice, 10%©
12% c; fancy, ll%@l2lic _
Peaches quiet and steady. Choice, 6@6%c;
extra choice, 6%C(i)7c; fancy, 6%@7%c.
Raisins tire dull and unchanged. Loose
muscatel, 3%©6% c; choice to fancy, seeded,
seeded, 4";'if6%c; seedless, 5%@4%c; London
layers, f1.2001.26. ' . _-/.-'
CHICAGO LIVE STOCK
CHICAGO, May 21.—Cattle—Receipts esti
mated at 300; market steady. Beeves, J5.600
8.70; Texas steers, 15.00(ff6.40; western steers,
}5.2507.40; stockerß and feeders, |4.00#i<i.60;
cows and heifers, J2.767.26: calves, $5,601^7.76.
Hogs—Receipts estimated at 9000; market
steady to strong. Light. ».40<g9.70; mixed,
D 72%; heavy. J9.3r.ift9.70; rough, J9.3fi®
9M; Boot) to choice heavy, $9.r,0(«9.70; pigs,
1!) 1049KW; bulk of sales, J9.60(f|.9.66.
Sheep— Hecoipts estimated at 1500; market
weak. Native, $4.00@8.8O: western, f4.OQ
yeurlliiK», J6.50©7.80; lambs, native, }5.75@8.90;
wMUrn, $6.5039.00.
COTTON AND WOOL
ST. LOTUS, May 21.—W001, steady; me
dium grades, combing and clothing. 20 @ 24c;
light fine. IIV20O; heavy fine, 13@15o; tub
washed. UOlte.
NEW YORK. May 21. —Cotton closed nrm
at a net advance of 12i8>23 points, spot
closed Quiet, 13 points advance; middling
uplands, 16.40 c; do gulf, 15.66 c; no sales.
Futures closed firm. May and June. 16.17o;
July, 15.24 c; August. 16c; Snpt. 13.80 c; Oct.
12.95 c; Nov. 12.85 c; Deo. l!.80c; Jan. 12.76 c;
March 12.810.
LOS ANGELES HERALD: SI NDAY MORNING, MAY 22, 1010.
FINANCIAL
LOS ANGELES, May 21.-Bank clearings
were $2,672,592.29, an Increase of $629,940.42 as
compared with the amount for the correspond
ing date of last year. Following Is a compar
ative statement:
1010. 1909. 1908.
May 16 $3,122,114.37 $2,385,940.03 $1,737,374.05
May 17 2,987,379.82 2,659,873.89 1,620,713.01
May 18 t,8M,!81,M ' 2,581,882.71 1,911,843.31
May 19 2,746,223.20 1,908,298.01 1.047,466.26
May 20 2,432,761.46 1,846,509.61 1.659,705.13
May 21 2,572,592.23 1,942,661.87 1,331,647.24
Totals ...$17,195,322.62 $13,325,156.12 $10,208,807.99
LOS ANGELES STOCK EXCHANGE
The market was a heavy one for Saturday,
the morning cull being quite a good deal
longer than usual, In order to enable brokers
to 1111 their unit™.
The oil Issues were very active, and the
feature of toe day, there being nothing to re
port In the other . Issues except Home pre
(erred, which sold at 37%.
Jade caused a good deal of excitement, open-
Ing up at 3.'i and rapidly moving up to 4514,
w ~ gaSr. d IS r-=!»t.-.. This csrap&ny M im
ported to have brought in a new well, which
caused the stock to soar. Central was strong
at 2.01, and Union was a good trader, but sold
slightly lower than the opening, which was 109.
In the non-producers Oleum was the only
trader and a very light one.
California Hills showed no change, but was
traded In at 10.
The market was a very good one for Sat
urday. The week was the best the exchange
has had for a month.
MO KM NO SALES
10 Homo Tel pfd 37.62%: 6 Associated Oil Co
64.00: 1000 Cal Midway 6214; 1000 do 62%; 2000
do 63; 1000 do 6314; 4000 do 5314; 1000 do 64; 1000
do, B. SO, 64; 2000 Central 2.00; 1000 do 2.01; 800
Coallnga Cen 56; 1000 Cleveland 41%; 1000 Jade
86; 1000 do 41; 2000 do 42: 1000 do, B. 30, 46;
1000 do 43; 4000 do 4314; 2000 do, B. 80, 4414: 1000
do do 44; 1000 do do 4414: 1000 do 44; 1000 do 45;
2000 do 4514; 1000 do 45%; 2000 do 46; 3000 do.
ii. SO, 4614; 2500 'aimer 1.65; 2000 Oleum Dcv
Co 7%; 40 Union 109 40 do 108.75; 10 do 108.6214;
95 do 108.50; 20 do 108.8714; 1000 New Perm 1.07.
Off board—s Union 109.
BONDS
■:.. • ' Bid. Ask.
American Petroleum Co 84 88
Associated Oil Co 97% 9814
Corona City Water Co ' 92 ■ .. -;
Corona Power and W Co 99 . •••;
Cucamonga Water Co 9814
Edison Elec Co Ist r 102 I
Edison Elec Co old Issue 103 108
Home Telephone Co 53% 86
Home Tele Co, Ist rfdg 7414 '.-.. :
L A Pao Ist con mtgs 10414
L A Pac Ry Ist rfdg 100
L A Railway Co . .. 110
L, A Traction Co 6s 108 110
L A Traction Co 69 101 106
Mexican Nat'l Gas Co 100
Mission Trans and R Co no ..
Pac Elec Railway Co 101 10614
Pac Light and Power Co 9714 98%
Pasadena Home T and T Co 80
Pomona Con Water Co ...'. 08 ps,..
Riverside II T and T Co 75
Santa Monica H T and T Co 80
San Diego Home Tel Co ■ .. 75
Han Diego H T and T Ist mtgs .. 80
Temescal Water Co 99
Union Transportation Co 90 93
U S Long Dlst T and T Co 63 i>,..:'
Vlsalla Water Co 99 °*..',
Whittler Home T and T Co 10
BANK STOCKS
Bid. Ask.
All Night and Day Bank 125.00
American Savings Hank 140.00 195.00
Bank of Southern California 112.00
Broadway Bank and Trust 150.00 176.00
California Savings Bank 118.00 125.00
Central National Bank 176.00 ISO. OO
Citizens National 230.00 235.00
Commercial National 147.00
Equitable Savings Ban!: ..' 180.00 210.00
Farmer* and Merchants Nat'!... 270.00 .
Federal Band of L A 12.00 „...
First, National 475.00 :•: 507.50 .
German American Savings 835.00 340.00
Globe Savings Bank .... 120.09 140.00
Home Savings Bank of I, A.. 110.00 118.00
Merchants National 600.00
Merchants Bank and Trust C 0..1.",5.00 160.00
National Bank of California....ll)o.oo
National Bank of Commerce. ...100.410
Security Savings Bank 320.00 400.00
The Southern Trust Co 75.00 80.00
(60 per cent paid up)
INDUSTRIAL AND PUBLIC UTILITIES
Bid. Ask.
Cal Portland Cement Co ........110.00 175.00
Edison Electric pfd 79.50 81.75
Edison Electric com 64.00 65.00
Hawaiian Com and Sugar 40.00 45.00
Home Telephone pfd 37.50 ! 37.8714
Home Telephone com 6.75
Hutchlnson S P Co 17.00 18.00
L A Athletic Club .' 6.60 10.00
L A Brewing Co 90.C0
L '. Investment Co i.OO 3.20 .
Mexican Nat'l (las pfd 60.00 70.00
Mexican Nat'l Gas common 80.00
Paauhau S I- c.'o , 29.00 29.60
Pac Mut Life 1.2s C 0... 250.00
Fac Con Stone Co of Cal 4.25 4.40
Pasadena Home T and T C 0... 19.00
Riverside Homo T and T C 0... 26.00
Sa.i Diego Home T and T Co 20.00
Santa Monica B H T pfd 18.00
Sun Drug Co 1.04
Seaside Water Co 100.00
Title G and Tr Co pfd 250.00
ÜBL D T and T Co pfd 36.00 . 38.09
Union Security Corp pfd 100.
Unic.i Trust CO 30.00
Whlttier Home T and T Co SO.OO
Oil. STOCKS
PRODUCERS- , Bid. Aslt.
Amalgamated OH 67.00 62.00
American Crude Oil Co , 1.09
American Pet Co pfd 94.00
American Pet Co com 68.00 71.50
Associated OH 53.62<4 53.8714
Brookshlre OH 2.00
California Midway Oil Co 53% .64
Central 2.01 2.02
Cleveland Oil Co 41 .4214
Coallnga Central Oil Co .56
Columbia 1.21 1.90
Bnoi oil Co : 1.5715
Euclid Oil Co 55 .65
Fullerton Oil 4.00
Globe .18
Jade Oil Co 4314 .46
Mexican Petroleum 1.1214
Mexican Pet Ltd pfd 67.75 68.50
Mexican Pet Ltd com '.... 28.00
New Pennsylvania Pet Co 1.06 1.15
Ollnda Land Co (Oil) v . .6514
Palmer oil Co ...» : 1.62%
Perseus Oil Co .35
Plnal Oil Co 13.00
Plru Oil and L Co 18
Read Crude 40 .44
Rice Ranch Oil Co 1.10-
Section Six Oil Co • .60
Union 108.12% ]05.37%
Union Provident 106.00 107.00
United Petroleum 109.00 112.00
Went Coast Oil com 9.00
Western Union • 120 00
NON-PRODUCERS—
McKlttrick Oper Oil Ob .12
Oleum Development Cb 07% .08
:X DAILY MINING CALL
OFFICIAL SALES '.
1000 California Hills 9%; 4000 do 9%; 3000 do 10;
1000 do, H. 30, 9%.
. LISTED STOCKS
1 CALIFORNIA- - ■ Bid. Ask.
California Hills M Co io«i
NEVADA- -
Johnnie Mln and Mill Co ... .Is%
Searchlight Parallel Ol'i .01%
SUGAR AND COFFEE
NEW YORK, May 21—Coffee futures closes
nulet, net unchanged to 5 points higher.
Bales, 30<)O bagx. Closing bids: May and June,
6.35 c; July, C.4oc: August, 6.450; September,
6.50 c; Oftober and November, 6.56 c; December,
6.60 c; January, 6.61 c; February, 6.63 c; March,
6.66 c; April, 9. Me. Havre was unchanged;
Hamburg also unchanged.
Spot quiet; No. 7 Rio, B>4>; No. 4 Santos,
ftfec; mild quiet; Cordova, 9Wl2',ir.
Sugar—Raw, quiet; Moseovado, 89 test, 3.74 c;
centrifugal, 96 test, 4.24 c; molasses sugar, 89
test, 3.49 c. Refined, quiet; crushed, 6.95 c;
granulated, 5.23 c; powdered, 5.35 c.
You will have no window or screen
troubles If you usg Hipolito self-regu
lating roller screen and revorslble win
dow. Hipollte Screen and Sash Co.,
634 Maple avenue.
Look for Betty Bray. * **
SAN FRANCISCO STOCK
AND BOND EXCHANGE
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. \
SAN FRANCISCO, May 21. -Following were
the closing quotations:
MISCELLANEOUS BONDS— Bid. Asked.
Associated Oil Co 6s 98 M.4
Bay Counties Power Co 6s 101 •••,
Cal Central lias and Eloc 5s 100
Cal Gas and Elec gen M&CT 6s 1"1
California St Cable Co 6s 102
California Wine Assn 5a « 89
City Electric Co Da M.i 91
Contra Costa Water Co 6« '"2
do gen mtg 5s • '*
Edison Klec Co of L A 6s 100
Edison Light and Power 6s 106 11014
First Federal Trust Co I"H4
Ferries & Cliff House Ry 6s 100 102
Hawaiian Com and S 5s 104 10414
Honolulu R T and L Co 6s 10314 . ■• 1
Lake Tahoo Ry and T Co 6s 9714 .. #
Los Angeles Kleo Co 5a 10114
Los Angeles Gas and El' Co 65.... 97V4 101%
Lob Angeles Railway 5s 105 •• ;
Los Angeles Lighting gd 6s 100
L A Pac R R Ist con mtg 6» ....10214 .•
L A Pac R Riof Cal 5s 10014
Marln Water and Power Co 65....10114 .. "
Market Street Cable 6s 10314
do Ry Ist cons mtg 5s 10014
Northern Ry Co of Cal 6s H214
Northern C.-il Power Co r,s 100 105
Northern Electric Co 6« '■>
Oakland Gas Light and II 6s 10014
Oakland Transit Co 63 10814 , ••
Oakland Transit Co 6s 105
Oakland Transit con 6s 105
n 3 it!anS Tract's" con Is "''- "^
Oakland Traction Co an 92 93
Oakland Water Co gtd 5s 98
Omnibus Cable Railway 6» I°"%
Pacific Gas Imp 4s 85
Pacific Electric Ry Co 6» Mli
Pacific Light and Power Co 55.. .. 99
Pac Light and Power gtd 5s 101 ..'
Pacific Tel and Tel Co 5s 99 9914
Park & Cliff House Ry 6s 100 102
Park & Ocean R R 6s 100
Peoples Water Co 6s 68 68%
Powell Street Railway 6s 102
Sacramento Elec Gas Ry 6s 10014 „.i,
S F Oak & San Jose Ry 5s 104
do 2d mtg 5s 9514 96%
B F Oak & S J Con Ry 5s 96
S .T & S Clara Co R R 414s 90
SPR Rof Cal 6s 1912 103% 104
S P R R of Cal Ist c gtd g 65....11214
S P Branch Ry of Cal 60 124% .'•• j
S P R R Co Ist ref 4s 95%
Stockton Gas and El Corp 6s 10614 ... i
S V Water Co gen mtg 4s 9214
United Gas and Elec Co 6s »9%
United R R of 8 F 4s 69 69%
Valley Counties Power Co 6s 9914 100*4
WATER STOCKS— ■;;.'
Marln County «0 ...
Spring Valley Water Co 4714 4.%
GAS AND ELECTRIC STOCKS—
City Electric Co "14 66
N Cal Power Co eon 65
Pacific Lighting Corp com .. «0
Oro Water :.. «J% 65
INSURANCE STOCKS—
California Ins Co ...w. ■• '»
Fireman's Fund 260 . •■:
STREET RAILROAD STOCKS—
Presidio '• 25 3214
POWDER STOCKS—
Giant Consolidated Co 7514 -••■:
SUGAR STOCKS—
Hawaiian Com and Sugar C 0.... 41% 42
Hutchlnson Sugar Plantation .... 18% 19
Kllauea Sugar Plantation Co 1214 ..
Makawell Sugar Co 68% 69
Onomea Sugar Co 524
Pauuhau 8 P Co 27% MM
Union Sugar Co "
OIL STOCKS-
Associated Oil Co 6374 6414
Sterling Oil and Dcv Co 2% 2%
Palmer Oil 145
MISCELLANEOUS STOCKS-
Alaska Packers As?n 91
Cal Fruit Canners Assn 100*4
Cal Wine Assn 27% 29
Pac Auxiliary Fire Alarm S
Pacific Coast Borax Co 154
Pac Tel and Tel pfd «
do com 33
Bate*— l2,ooo Assd Oil Be 98%, 1000 Mkt St
5s 100 1000 S Pac rfg 4s Ki\. 80 Assd OH 54,
100 Cal Wine 28", i. IS Makawell 59%, 50 North
ern Cal Powder 64U.
PACIFIC COAST TRADE
1 SAX FRANCISCO, May 21.—Flour, family
extras. »61*6.40; bakers, $6@6.40; Oregon
and Washington, $5@6.50; shipping wheat,
$1.60@1.66r feed barley, 11.19HV1.15; brew
ing. $1.16i8>1.1714; red oats. J1.271401.3714;
white, $1.47W@1.5714; middlings, $26@28;
mixed feed, $24@30; rolled barley, $23@25;
oatmeal, $4; oat groats. $3.80; rolled oats,
$28@29; wheat hay, $12®16.50; wheat and
oat $9@14; wild oat, J7@ll; tame oat, $90
14- alfalfa, ts®ll; straw, 40066 c; pink
beans, $6@6.25; lima, $4.2504.85; small
white. $1.40@4.60; large white, $3.75®3.90;
Oregon B\irbank potatoes, 65® 75c; Salinas
Burbajiks, 75c@$l: Merced sweets, 3@314c;
new potatoes, 75ci8>51.25; fancy onions,
$1.25; common. $1; green peas. 65c@$l;
string beans, l@314o: egg plant, 10@1214c;
green peppers, 10(fi'20c; summer squash. 50
@75c; asparagus, 75c©$2; rhubarb, 35 0 75c;
garlic, 3@sc; cucumbers, 11.7592.50! Mexi
can tomatoes. $1(ii>1.73: old roosters,. $5®
5.60: young roosters, $7010; small broilers,
$2.5003.60; large broilers, $3.50@4: fryers,
$6.50@7.50; hens. $5@10; old ducks, $6@7;
young ducks, $8@10; goeae, $2@2.50; young
pigeons. $1.5001.75. '
Receipts—Flour, 2230; wheat. 50; bnfley.
6296: oats. 835; corn, 105; potatoes, 1790;
onions, 676; bran, 20; middlings. 50; hay,
346: straw, 6; hops, 10; hides, 155; wine,
46,700.
BUTTER, EGGS AND CHEESE
CHICAGO, May 21.—Butter—Steady, cream
eries, S3fi'27o; dairies, 21@25c.
Eggs— at mark; receipts, 28,787;
cases Included, lC@li)c; firsts, 19c; prime firsts,
20c.
Cheese—Steady: Daisies, 1431414 c; Twins.
)3!4@13%c: Young America, 15c; Long
Horns, 14!i(fri4i4c.
SAN FRANCISCO, May 21. —Fancy cream
ery butter, liSc; seconds, 27c; fancy dairy,
26c. New cheese, 1314®14e: , Young Ameri
ca, 14@1614c Ranch eggs, 2514 c; store,
24 c.
■ ■ ■»« >
METAL MARKET
NBTW YORK, May 51.—The metal markets
were practically nominal today in the absence
of exchanges. Tin was reported steady at
JiJS.SS.
Lake copper was quoted at $!?.7fitrl3.no. elec
trolytic $12.62«.igi12.7r. and casting IU.3THOU.SO.
Lead was firm at $4.40@4.50 and spelter quiet
at $5.46^5.60. Iron was unchanged.
Better Than
1 Gold
Marble sells in the market at from $30 to $150 per ton and can be quarried
and put upon the market at a minimum of the cost of mining- gold. The
rock from whioh the latter is taken yields not more as a rule than from $8
to $10 per ton at comparatively great cost for mining and treatment. For
that reason a marble quarry, If you have It, Is better than a gold mine.
The —
Pacific Consolidated
Stone Company
has the marble quarries as well as quarries of other valuable building
stone that are Inexhaustible. They will never "pinch out." Therefore the
stock of the company, in our judgment, at the market is a purchase that
should not be overlooked by conservative investors. See us about it.
Erkenbrecher Syndicate
(LIMITED)
122 WEST SIXTH STREET
Home 108«7. M»ln 1377.
1 CHICAGO GRAIN
Special service to The Herald by J. C. wit
ion, member of the Chicago board n( trad*.
New York stock exchange and Ban Francisco
bond and .nock exchange, 212 Wait Fifth
■treat, tioe Angeles.
CHICAGO, May Wheat market opened
at quite a decline over night and has shown
only faint recovery at any time despite con
siderable covering by shorts and much buying
by commission concerns. Ideal weather con
ditions In all parts of the wheat country
promises to swell the size of the crop, which
now, with latest reports on acreage. Indicates
one of the largest ever raised In this country
despite winter killing losses west and south
west and Hessian fly ravages elsewhere. Pop
ular sentiment has ben made very bearish by
the very low European prices and apparent
hopelessness of any upheaval there. May and
July at Liverpool today closed at 8914 cents
a bushel, and October at $1.00%, while Ant
werp closed at 98 cents.
Corn has shown much weakness on account
of the fin" weather for the growing crop and
large Increase In after-planting movement
from farms. The latter, however, has been
much curtailed from Its former prospect by
recent declines In prices. This market, Pt.
Ixmls and Kansas City report large offerings.
All show weakness. This market off half
cont for cash, but is not off as much as
southwestern centers.
Oats followed other grains. Fine crop pros
pects led to considerable cash and future oats
sale. July and September differences nar
rowed today.
A small and unimportant market In pro
visions. < Prices oft some In sympathy with
weakness in grain and a little pressure to
sell by a leading packer In a email way.
Other ' packers were buying holdings at the
yards. Product is stilt near $1 a hog lower
than hog prices.
BASKET SASG3SS
WHEAT— Open. High. Low. Close.
May I.HVi l.ll'i LOW '•1«V.
July 1.02% 1.02% 1.01 1.01
September 1.00« l.no'i -W4 -MH
December 9%% .9894 .98 .98
CORN— ' '-
May ..* 58T4 .58T4 .6894 .68%
July 60% .00% .eOVt .60^
September <^lri MH ■«"'<* - 60"'»
December 56% .66% .56% -56%
OATS— •
May 41% .414 .«OTi -41
July 39% .MM .39 .39 ,
September 3814" .38% -38 .38%
PORK-
May 22. 6j
July 22.90 22.90 22.70 22.72%
September 22.75 22.75 22.6214 22.65
May ...7. 12.6.-, 12.67% 12.85 12.65
July 12.66 12.67% 12.62% 12.62%
September 12.47% 12.47% 12.42% 12.42>,4
May ' 12.87% 12.97H 12.92% 12.95
July 12.60 12.50 12.45 12.46
September 12.40 12.40 12.32% tt.BH
Cash quotations were as follows: Flour,
dull; winter patents, »4.95@6.25: straights,
54.30®4.90: spring straights, $4.70@4.90;
bakers $4@5.26: No. 2 rye. 78@79c: feed or
mixing barley, SJ©s7oi fair to choice malt-
Ing 62«?67c; No. 1 southwestern flaxseed,
*2 09; No. 1 northwestern. $2.19; clover,
(11.25; mess pork, per bbl., $22.75@23; lard,
per 100 lbs.. $12.65©12.07; short ribs, aides,
loose, $12.62 13; short clear sides, boxed,
Total clearances of wheat and flour were
equal to 317,000 bushels. Primary receipts
were 327.000 bushels, compared with 203.000
bushels the same day last year. Estimated
receipts for Monday: Wheat, 64 cars; corn.
118 cars; oats, 172 ears; hogs, 34,000 head.
_-- - >
NEW YORK COTTON
Special service to The Herald by J. C. Wil
son. 212 West Fifth street. Los Angeles.
NEW YORK, May 21.—Today's cotton session
was quirt with the tone strong, particularly
in the July and October options. In the
former the recovery was about 20 points,
while the distant months were In good de
mand on short covering and on new buying
Actuated by not quite so favorable reports
from the belt. In the late trading prices
were a shade stronger and closed firm. Fol
lowing were quotations: —Close-
Open. High. I-.OW. Bid. Ask.
January 12-72 12.76 12.65 12.76 12.78
w»«.h 12-81 12-M
May r.'."*."'.""'.1».« is'-17 15.07 15.17 15.18
j une 15-17 15.20
T ,,' " i 15.06 16.25 15.05 15.24 15.25
August"" " M.« 15.05 14.84 15.00,16.01
September 13-65 13.83 13.65 13.50 13.83
OctS .... ..12.83 12.98 12.83 18.95 12.96
November ...12?S 12.75 12.75 12.85 12.87
Secember .:..:.:....12.69 12.81 12.68 12.80 12.81
Spot cotton, 15.40; quiet; 15 higher.
Dally movement of produoe:
Flour, barrels JB.}» «•«»
St"; buS ::::::: «•.«• *»»•
Sey:t;^ B ":::::::::::::: sis 1-2
SAN FRANCISCO OIL STOCKS
Service to The I-*s Angeles Herald by 1,. A.
Crisler & Co., members Los Angeles stock ex
change. 200-201 I. W. Hellman building, Los
Angeles.
SAN FRANCISCO, May 21.-Following were
today's quotations on the San Francisco stock
exchange: —Opening— —Closing—
exchange. Bid. Asked. Bid. Asked.
Associated Oil ... 63.6214 64.00 G3.BtW 54.00
Brookshlre l.« ».« 1.65 ....
Illinois Crude .63 .66 .63 .86
palmer OH 1-66 .1.»7V4 1™ 1-G7>j
Premier }•■ 1-80 lißs \»
Mascot Oil .. . 2.15 2.25 2.15 2.25
Monte Crito ... 325 3.40 3.25 3.35
„,, _ -rin .... I.MVi. 1M I.«M -•8->
-„„„ Tin 2.80 2.75 2.85
Salesiioa 'Associated U«: 2000 Blue Moon
24- 200 Coalinsa Central .55; 150 do .67; 200
MonteCrlsto 3.25; 600 New Pennsylvania 1.00;
MM Palmer 1.65; 1800 do 1.87tt; 1000 do 1.60; 100
•Rpttv Bray is coming to Los Angeles.
?1 Come Back rap
Depositors who have been
friends of this bank. I
Bring another depositor ■
with you. We pay inter- ■
est on deposits. ff
\ffiPff frnt *■ JW//W * ro^iilF
First Exclusive Private Wire House on the Pacific Coast
J. C. WILSON
HE.MBKK NEW YOKK STOCK KXCITANGE
CIUtiAOO HOARD OF CItADB
TIIK STOCK AMD BOND EXCHANGE, S. T.
Correspondents, HARRIS, WINTHROP & CO.
OFFICER HOTEI, ALEXANDRIA, 312 Went Fifth St.
MII.M BUILDING AND rAI.WK HOTEL. S. F.
Pasadena Clients Will Get Instantaneous Service by
Calling Home 119
B. G. LATHROP, Manager rm» =za ii L oyßi--»fAncj 3 s s^
CLEARIN^H^USE^BANKS^
""' SAME "~~ "~ ; OFFICERS
C. ,-T,. , -,-, , " 3. P. SOMBRO, President.
entral National Bank james b. gist, cashier.
Capital, 1300,000.
8 X corner Fourth anil Broadway. Surplus & Undivided Profits. tZU.m.
Broadway Bank & Trust Company C^^mSSlfSSiJ""'"
rapltal. t2-J),WO.
308-310 Broadway. Bradbury building. •urplus & Undivided Profits. 83,00*.
-^ , _. . .... 1 tj__,i- IK A lAS W. HBLLMAN, Pro«ld«nU
nited States National Bank p# v , smth. cashier.
Capital, $200,000.
P. IS. corner Main and Commercial. Surplus and Protlts, 173,000.
(\,., Tl : T^ i"™ I;. J. WATEItS, President.
litizens National .Bank wm. xr. woods, cashier.
Capital. 11.000,000.
U B. W. corner Vhlrd and Main. Surplus. $500.000.
(~T „-,.. ,— i W. A. BONYNOB, President,
lommercial National Bank newman essick. cashier.
, Capital. $200,000. „.»»«
I 4(11 fl. Spring, corner Fourth. Surplus an 1 Undivided Profits. $45.000.
Farmers & Merchants National Bank charles sbyleb. cashier."
I Corner Fourth and Main. Surplus and Profits, $1.900.000.
—: —: 7~Z: T~ ~~ J. M. ELLIOTT, President.
irst National Bank w. t. s. hammoni?. cashier.
Capital stock, $1,250,000.
6.' E. corner Second and Spring. Surplus and Profits. H. 826,000. |
1 ~ ! T"^! ', W. H. HOIXIDAT, .-"TMldent.
Merchants National Bank chab. greenb. cashier.
Capital, $200,000. _«««.
S. E. corner Third and Spring. Surplus ft Undivided Pronu. $BM.OC«.
■ —— ; „, : — J. K. FISHI3URN, President.
ational Bank of California h. s. mckee, cashier.
." Capital. $500,000. -._-.
N. B. corner Fourth and Spring. Surplus & Undivided Profit.. $1»,OM.
LOS ANGELES SAVINGS BANKS
( — AVBwrCrS M AW
Largest and Oldest in Southwest /
Q»rc« $28,000,000.00
Pay* the highest rates of Interest and on the most liberal terms consistent wltk
•omul, conservative banking.
Money to Loan on Improved Real Estate
Security Building Spring and Fifth" Streets^
"^^^^OS^ TRUST COMPANIES _J
Title Insurance and Trust Co
, fCorner Franklin •■« K«w Sick Street*) . f.
resuKß POLICIES OF TITLJB INSURANCD. ; . .
ISSUES CBRTIFTCXTISS OF TITIBi
4eTI» Tiy AI.I. TWfTST C A PACITIieW. TKI.. BXCHAMBE U,
FACTS
About HOME BUILDERS OF
LOS ANGELES
Incorporated April, 190^.
Pays three per cent quarterly on
your investment.
Has been paying dividends since
1906.
We Have No Stock Agents and
Pay No Commission in Any
Form for the Sale of Stock
Stockholders share in the profits
in Real Estate (which is the
largest part of the profits of j
companies of this kind) as well j
as the profits in the houses. ;
Price of stock is- 85 cents per
share.
Terms 10 per cent cash and 5 per
cent monthly.
Only limited number of shares >
will be sold at this price.
You Should Have at Least 100
Shares Now Before the Next Advance
HOME BUILDERS
Of Los Angeles
342-3-4-5 Douglas Bldg.
Third and Spring Sts., Los Angeles
Z
Herald "Want Ads" Bring Largest Returns
.
A Complete banking Home
Savings—Commercial — Trust.
Rats Deposit Boxes ?i' a year.
Los Angolea Trust and Saving! Hank,
; ".Central BldK.. Sixth and Main.
Shoes Half Price and Less
Over two liiuulivil bie display l<>r|im
tftbiM are displaying shoes for men, women
an<l clttldren, on sale In many nistancas for
half price and lean, c'unvlnca yourself »uj
come to the
MAMMOTH NIIOE lIOISK.
SIS South Uroadivajr
11