OCR Interpretation


Los Angeles herald. [microfilm reel] (Los Angeles [Calif.]) 1900-1911, July 07, 1910, Image 7

Image and text provided by University of California, Riverside; Riverside, CA

Persistent link: https://chroniclingamerica.loc.gov/lccn/sn85042462/1910-07-07/ed-1/seq-7/

What is OCR?


Thumbnail for 7

*■"■-'■■"■ ' '■""" ' __~_ w^ J^^^^_^__JU^^»_J «^^%^^V^^~W»/~
FINANCIAL-COMMERCIAL
MARKET'S TROUBLE
BLAMED ON BANKS
Financiers Cause Depression by
Pessimistic Utterances on
Farm Land Speculation
MUST MEET CROP MOVEMENT
Report That Gold Is Coming from
England Is Taken
Seriously
[Associated Press]
NEW YORK, July 6.—There was a
disposition today in the financial dis
trict to turn to the banking: and finan
cial position for explanation of the
stock market's action. ■
The increased prominence (riven to
the subject ■of tho banking situation
Brew out of the published expression
' of 'gome dltslngulshed banking author
ities of the Interior regarding farm
land speculation and the consequences
to be apprehended from it...
a I The special stress on the subject has
ketp alive a conviction that the orig
inal'position was In course of correc
tion. That correction is not maintained
by the Interior banking authorities now
quoted. There is complaint that the
(small bankers are still burdened with
mortgages and with farmers' paper In
stead of the usual investments in com
mercial paper Which served as a sec
ondary reserve, while their balances in
the reserve banks were below normal.
MUST MEET MOVEMENTS
Such a position Indicates that the
crop movement requirements will have
to be met to a larger. extent than
usual by calling on the larger banking
centers for accommodation. The Inti
mation that the reports now being sent
to the controller, but not yet In shape
for tabulation, will not show the ex
pected Improvement in the credit po
sition had a disturbing effect on senti
ment and was a large factor In the j
early crash of prices today.. Some |
stocks then fell below last week's low
levels, thus establishing them at the
lowest for the year. ■. .
The Importance attached ■to the
prospective money condition left specu
lative sentiment ready to be easily In
fluenced by the reports that gold had
been engaged In London for shipment
to New York. The ; violent recovery
In stocks was the result. While the
recent course of foreign exchange
rates had presaged such a movement,
today's engagements came sooner than
was expected. The effect was to stiffen
the private discount rate in London
and arouse- gome 'question whether, the
official bank rate would be reduced to
morrow as was expected. It is not be
lieved, however, that any determined
obstacle will be opposed to the move
ment of gold to New York.
The return on money is 'now consid
erably lower In London than In New
York, offering an inducement to place
London funds In New York.
SHOWS IMPROVEMENT
Tho merchandise export movement
from this country has shown improve
ment and imports have fallen off. There
have been purchases of securities in
the New York stock market for Lon
don account during the savere depres
sion of the last few days and these
have helped to weaken the exchange
rate. ' ' ; ■
The decline In wheat and corn helped
stocks, the. strong rally in wheat on
unfavorable weather predictions In tho
spring wheat region helping,to unsettle
the rally at the last. Tho early de
clines were more than recovered, how
ever, and general net gains were re- ■
talned at tholr closing.
Bonds were Irregular. Total sales, par
value, $2,071,000. ' '
United States bonds were unchanged
on call. .
NEW YORK 3TOCKB
1 Special service to The Herald by J. C. Wil
ton, : 218 West Fifth street. Los Angeles, mem
ber New York stock exchange, Chicago board
of trade. , stock and bond exchange of San
Francisco.' ••
NEW YORK. July 6.—Following were the
(notations "today:
Bales. Stock. HUh. Low. Bid. Ask.
. ...; Allls-Chalmers .... " 8% !>VS
do preferred .. •• 271, 30
68,300 Amal Copper 69% 57% 63% BOH
100 Am Beet Sugar.... 29!,6 29% *> 31
do preferred " 94
400 Am Can Co 7% 7% •7% 7%
1,600 do preferred ..... 67% 66 *71, 8
4,000 Am Car &Fdy Co. 49% 47 , 48% 49
200 do preferred 110 110. 11l 113
200 Am Cotton 0i1.... 69. 6814 ■ 61» ■ 69<4
......' do preferred 102 107
Am Ex 2!5 260
600 Am [Of Sec 23 22 23 24
400 Am Unseed ....... 12% 12 11% 12%
200 do preferred 26 26 26% 28
700 Am Locomotive ..40 38V4 39 40
do preferred 103 10«
14,800 Am S & RefgCo.. GSV6 65% 67% «7%
- r.OO do preferred 101 101 100% 101
2,300 Am Sugar 117% 116% 11714 1"%
100 do preferred 115 115 111 120
200 Am Steel Fdys.... 61 60% 61 53
1,700 Am Tel & Tel C 0.13214 131% 131% 133
Am Tobacco pfd .. .. »2 93%
. Am Woolen .. 2554 28
100 do preferred 91% 91% 92 03
700 Anaconda • 37V4 36% 3714 3T»4
1.400 Atlantic Coast Ln.loß 104 106% 107V4
27,500 A T & 8 Fa 9514 92% 95 05%
600 do preferred 99% 9»% 99 99%
6.000 Bait & Ohio 107% 10BH 107% 107V4
...... do preferred 87 89
8,100 B R T 74% 7214 73% 74
7,600 Canadian Pacific. 18774 ISSV4 18SM, 188%
10.700 C & 0 73% 70% 72% 7274
...;.. C & A •• 24 26
300 C ft a W 23% 2314 2314 san
...... do preferred ■• 415% 46
1,500 C & N W Ho%' 139 140., 141
19,700 C M As St P 118*4 115 117 M, 11774
' 800 do preferred 146 145 145 147
3,400 Central Leather ..31% 30}, 31% 33 '
300 do preferred .....101% 104 104 105
•. Cent of N J .. 265 285
; 100 C C C & Bt L....74% 74% 70 75
...... do preferred .. '.. 110
600 Colo Fuel & Iron. 33 301* 31 32%
....I. do preferred .. .. 110
600 Col Hock C *1.. 614 5 . 5 5V4
100 Colo Southern ... ClVi 14 6414 55
..,,.. do Ist . pfd „ ..„ 74 76
!..,... do 2d pfd .. 78/ 74
9,700 Con Oan 131V4 12914 131 13114
100 Corn Product* ... 1314 1274 12% 1314
&!„.,..> do preferred ■ .. 73% • 73
400 Del & Hudson.... 169 155 ISA 157%
100DLAW... 6224 822% 623% 897%
1,800 D & H(i 3014 . 2814 80 3014
800 ■ do preferred 70 6814 69 . 70%
>„*.... Diamond Match .. .. ... .05% 96
1,200 Dlst Sec. „a. 27% 28 , 2814
600 Duluth 8 8 Si A.. 11 I«'i Win 1114
200 do preferred 22 22 ;«.'■ 22%
9.300 Erie 2:.',4 24 2:, ,2514
da Ist Pfd ..40 .41
--: '. do 2.1 pf.l * •• ,■ 80 3014
-810 General Elea , ....HO 139 . 13»% 141%
1,400 Gt Nor 0re......... 6014 48 60 .. 50%
4.9U0 do preferred 12514 123 12514 125>,i
600 'Illinois Central ..12714 127 128 181
J.BOO Interboro-Metro ... 1774 17 17% 18
0.100 d,. preferred 43% 4714 4914 «'■'*
Internt'l Paper „f. .. 314 I«J4
do preferred ...'. 48 4814
.' lnterniit'l Pump 43 44
do preferred .. SO 82
700 low* Central .... 17 16 UK 1714
do preferred ■• 81 34
1.900 Knnsas City Sou.. 2714 2614 2714 27%
100' do preferred «3 "2 68 6314
200 I, ■ & Wont 1} 15 16 17
do preferred .. 35 45
5.5001, AN 140% 13814 140% 141
100 Mackay 84 84 84 M
100 do preferred 75 76 78 75
SO? Manhattan 128 12414 124 128
20« Mexican Cent 27 27 2714 8714
300 Minn & St I. 26 25 25 30
3 do preferred 40 70
1,800 M SIT A 8 5M..126% 123 12414 125
do preferred 144 180
6,200 Mo Kan ft Tex 32 29 81% 83
100 do preferred 64% 64% 64 65
2,700 Missouri Taclflo .. M 64% 5.'.'4 6u%
2,600 National Lead ... 68% 6674 6814 69
600 do preferred 10414 103 10314 105
National Biscuit .. .. '.. 102 10414
100 do preferred 118% 118% 11S14 123
1,600 Nevada Cons 17% 1714 17% 18
600 N V Air llrake... 74 73 73 75
8,800 N V Central 112% 111 11214 113
200 N V 0 & at L.... 60% 60% Cl 63
do Ist prd .. 100 110
do 2d pfd 85 »2
200 N V N 11 & Htfd.14914 I«V4 14914 160
400 N V Ont & Vf.... 4114 42 4514
4.400 Norfolk A West.. 96% 0014 »7 9714
do preferred 88 03
»00 North American .. M 68 6« 7114
5,300 Nor Paclflc 11811 11514 US US%
Omaha 135 160
do preferred' •• 160 i&
pacific Const 100 10«
700 FlOlflO Mall 24 23 24 26
24.100 Perm n n C 0....12814 12614 128 12*14
700 Peoples Gas 104% 104% 10414 105
200 Plttßburg Coal 1614 16 16 16%
100 do preferred 64 64 64 68
100 rCC& St L 9*1.4 9414 9414 31!
do preferred 106 116
200 Pressed Hi.'el Car.. 31 31 31 32
...... do preferred S4V4 ,Hi*
100 Ry Steel Spg Co.. SOU 3014 ■8114 .83
do preferred .. 9314 102
87.000 Reading 14314 138% 14214 142%
do Ist pfd '. ..85 88.
do 2d pfd •• .93 94
400 Republic S & 1.... 2914 2814 20% 30
100 do preferred 91%' 91% 60 9214
15,900 Rock Island C 0.... 31 2814 30% 31
1,700 do preferred 7514 73 75 7514
100 B S B & I Co 68 63 63 65
do preferred .. 114 117
81 I, & 8 F Ist pfd .. .. 61 65
1,300 do Id pfd 41% t»% 4114 4114
400 St & 3 W 2914 2914 29% 80
300 do preferred 71 69% 70 7114
43 300 Southern Pa0in0...113% 10914 112% 11214
2.700 Southern Ry 22% 21% 2214 2214'
»00 do preferred 64 63 64 65
600 Tennessee Copper .21 2014 20V4 . -•'-.
15.M) Texas Pacific 27 26 ,26% 2714
■300 Third Ay« 8% 8 "8 814
700 Toledo St L * W 2314 '-'2 2214 22%
600 do preferred 49 4RV 4814 4914
100 Twin City R T....106% 108% 106% 108
...... Union Bag & Papr .. ... • 5 • • 7
... do preferred .. 65 60
135,500 Union Paclflc 159 164% 1581, 16814
200 do preferred 89 89 8914 90
United Rd» of SF .. .. 21 '25
400 do preferred 63 50 52 66
I it S Cast Irn Pipe 14 17
do preferred .. 65 60
2,200 U 8 Rubber 3614 35 3614 30%
100 do Ist pM 107 107 107 108
do 2d pfd 74 76
288.900 U 8 Steel Cor... 7014 6714 69% 69%
3,500 do preferred 11414 113% 114 11414
4.100 Utah Copper 41 40 40% 41
1 300 Vn-l^ar Chem Co.. 6614 64% 6514 6514
200 do preferred 120 120 119 120
900Wabash 17 16% 16% 1674
6,700 do preferred 3.".14 32% 35 3514
Wells Fargo Ex 155 170
800 Western Union ...61% 8014 61 61%.
1 3.10 Westlnghouse MM 69 6014 6114
100 W & L B 3% 3% 314 414
100 do Ist pfd 814 8% 8% 9
do 2d pfd 4 6
100 Wisconsin Cent .. 4814 4814 48 49%
800 Am Hide & Leathr 614 6 5 614
400' do preferred 3014 29% 29% 3014
100 Am Af?r & Chem.. 38 88 3814 40
do preferred 96 100
Ass'd OH ..: .. ' .. -. 51
Beth Steel .. 23 25
do preferred .. ■■ 61
Nat Enam & 8 15 18
do preferred 86 100
100 Pac Tel & Tel.. 31 31 30% 33%
do preferred 90 105
000 Int'l Harvester ... 93% 9214 9314 t3%
.... do preferred 118 120%
800 IT S Realty 69% 6* 68 69
600 West Maryland ..41% 41 41% 43
Total shares sold. 947.000. Bonds, Sl,»5!l,000.
NEW YORK BONDS (
Special service, to The Herald by J. C. Wil
son. 212 W"-st Fifth street. Los Angeles, mem
ber New York stock exchange, Chicago board
of trade, stock and bond exchange of San
Francisco. . •...•.-■
NEW YORK. July 6.— Following were the
closing quotations: Bid. Asked.
Atchlson gen 4s 98% 98%
do cony 4s 101 102
Bait and Ohio • Ist 4s. ,i 99 9914
B. R. T. 4s 8114 81%
Colorado Industrial 6s 75 78
U. S. Realty 6s 8914
Rock Island col 45..; 71% 71%
Southern I'aciflo ref a _... 93% 94
do col 4s 90%
do ouliv 1 96% 97
Union Pacific Ist 4s 100 10014
do cony 4s 10114 102
D S Steel 5s J 103 102%
United Railway 4s 6514 69
Wabaeh Deb. 4s 63% 04
Western i'aclflc 5s "90, j 91%
D, and R G ref 5s 90 91
Japanese 4s 8974 ..
do Ist 4li« 94% ••
do 2d 414 a 94% 94%
U. S. 2s registered 100% 10114
do 2s coupon ...., 100% ..
do 3s registered 10114 102
do 3s c0up0n..... 1"1"4 102
do 4s registered 114% 115
do 4s coupon 114% 11514
Panama 2s 100% 101
Panama 133Ss 100% 101
FINANCIAL RECORD
NEW YORK, July 6.—Money on call to
day steady at 2 1-401 7-s per cunt; ruling
rato, 2% per cent; closing bid. !:%; offered
at 2% per cent. Time loans, iirin; 60 dayt.
2 l-4©'3 1-2 por cent; 90 days. 3'.i5(394 per
cent; six months, 4%W5 per cent; prime
mercantile liaper, 4%@6 per cont; sterlinK
exchange steady at recovery, with actual
husineos in Hankers bills at 4.8860® 4.8350
for sixty day bills and at 4.8560 for demand.
Commercial bills 4.889 4.53 H; bar silver,
53 7-8o; Mexican dollars, 44c; government
bonds steady; railroad bonds irregular.
TREASURY STATEMENT
WASHINGTON. July ti.—The condition of
the treasury at the beginning of business to
day was as follows: Trust funds —Gold coin,
$863,036,8119: silver dollars. $41)0.734,000;
silver dollars of 1890, $3.666,000; silver cer
tificates outstanding, $490,734,000. General
fund—Standard Bllver dollars, $1,416,387;
current liabilities, $95,684,313; working bal
ance In treasury. $41,205,113: In banks to
credit of treasurer, $39,831,039; subsidiary
silver coin, $19,727,23.1; minor coin. $892,608;
balance In general fund, $104,919,292.
BUGAR AND COFFEE
NEW YORK, July «.—Coffee closed steady,
net unchanged to 1 point higher. Bales, 4500
bags. Closing bldB: July, «.70c; August, 6,80 c;
September, 6S1o; October and November. 8.80 c;
December, 6.86 c; January, 6.87 c; February.
«88c; Murch, 6.90 c; April, 6.92 c; May, 6.94 c;
Juno I.Me. Sl">t coffeo quiet; No. 7 Rlo,
B%c; No. 4 Santos, 9V6c.
Raw sugar firm; muscovado, 89 test, 3.83 c;
centrifugal. 96 test, 4.35 c; molasses sugar, 9S
test, 3.58 c. Refined steady; crushed, S.Bsc;
granulated, 5.15e; powdered, 6.26 c
COTTON AND WOOL
ST. LOUIS, July 6.—Wool—Higher; medium
grades combing and clothing, 23%®2314c; light
fine. 19«2814c; heavy fine, 149150; tub washed,
25%<?32!4«.
NEW YORK, July 6.— Cotton closed with a
loss of from 10 to 17 points.
Spot cloned quiet, 10 points lower; middling
uplands, 15.350; middling gulf, 15.60 c. ; gales.
1700 bales. ■ ■•- •;'. :'V '.. *
, Futures closed barely steady; July, 16.26 c;
August 14.69 c; September, 13.26 c; October.
13.65 c; November,- 12.51 c; i December, 13.4« c.
January, U.Uo; February, U.4So; ,• March.
12.47 c. ..-.-;■. ......
LOS ANGELES HERALD: THURSDAY MORNING, JULY 7, 1910.
FINANCIAL
I.OS ANGELES, July 1.-Bank dealings
were 13,341,660.23, an Increase of $268,831.79 as
compared with the amount for the corre-
..ling date of late year. Following Is a
comparative statement:
. . 1910 1909 1908
July i • • $2,296,210.8»
July 5 $3,048,007.53 12,718,006.68 1,856,069.15
July 6 3,345,550.23 8.07»,«1t.44 1,911,687.87
•Holiday. ,
LOS ANGELES STOCK EXCHANGE
An attempt was made to hold only morning
session* of the exchange during July and
August. The motion was declared lost. The
call was listless and but f«w sales were re
corded. California Midway, was the feature,
19.000 shares selling at 6514 to 56 cents a share.
Morning sales—WOO California Midway, 66;
4000 do 6574; 3000 do 66%; 1000 do 65%; 1000 do
6614; 3000 do 65%; 6000 do 6514; 600 Columbia,
l.aj: 30 Union 104; 20 do 104; 40 do 104; 20
Mcx v Ltd., com., 38.76; 60 do 23.60; 2000
Oleum Dev. Co., 8%; 1000 do 8; 100 do 774;
2000 do 7%.
Afternoon sales-1000 California Midway, 6414;
2 Union, 104. Off board, 6 Mex. P. Ltd., pfd.,
67; 4 Union Prov. Co., 101.60.
BONDS
Bid. Ask.
American Petroleum Co 80
Associated Oil Co 97
Corona City Water Co M •■
Cciona Power «nd Water C 0.., » . '••
Cucamonga Water Co M ••
Edison Bleo Co Ist rfdg . ™*
Edison lileo Co old issue 103 108
Home Telephone Co 79 85
L A Pac Ist con mtgs 104%
L. A Pacific Ry Ist rfdg 100
L A Railway Co ■ 110
L A Traction Co 6s 101 110
L A Traction Co 6s 101. . 106
Mexican Nail Gas Co 100
Mission Trans and R Co 97%
Pac Elec Ry Co .' 100 ••<».
Pa- Light and Power Co 97 ..
Pasadena Home T find T Co 80
Pomona Con Water Co I"2
Banta Monica H T and T Co 80
Ban Diego Horn* Tel Co '6
San Diego H T and T Ist mtg» .. SO
Temescal Water Co 99
Union Transportation Co 93
U B Long Dlst T and T Co 63 ..
Vlsalla Water Co M ,
Whlttler Home T and T Co.: 90
BANK STOCKS
Bid. Ask.
All Night and Day Bank 100.00
Bank of Southern California 117.60
Broadway Bank and Trust 160.00
Cal Savings Bank **'. . 125.00
Central National Bank : 174.00/ 190.00
Citizens National 224.00 ■
Coin rclal National 158.00. • .';...
Farmers and Merchants Nat' 1 ..270.00 .' ....;
Federal Bank of L A 12-60 .....
First National 485.00 490.00
German American Saving! 337.50
Globe Savings. Bank 123.00
Home Savings Bank of L A... 116.00 120.00
Merchants National 600.00 '
Merchants Bank and Trust C 0.150.00 175.00
National Bank of Cal 190.00
National Bank of Com 100.00
The Southern Trust Co 60.00 75.50
(SO - r cent paid up)
INDUSTRIAL AND PUBLIC UTILITIES
Bid. Ask.
Cal Portland Cement C 0... 60.00 120.00
Edison Electric pfd 69.50 71.00
Hawaiian Com and Sugar 41.00 43.00
Home Telephone pfd 57.00 37.50
Home Telephone com 6.00 6.76
Hutchlnson a P Co , 17.0« 25.00
L A Athletic Club 9.60
L.A. Brewing Co 90.09
L. A. Investment Co 3.10
Mexican Nat'l Gas com 86.60
Occidental Llfo Ins Co 140 00
Faauhau 8 P Co 27.50 28.26
Pao Mut Life Ins Co 250.00
Pac Con Stone Co of Cal 5.10
Pasadena Home T and TCo ..... 35.00
Riverside Home T and T Co 26.00
San Diego Home T and T C 0.... 16.00 .-
Santa Monica B II T pfd 18.00 24.00
Sun Drug Co 1-00
Seaside Water Co 100.00
Title G and Tr Co pfd 850.08
Title I & Tr Co pfd 185.00
U B L D T and T Co pfd 38.76
Union Security Corp pfd 100.
Union Trust Co 25.00
Whittler Home T and T Co 90.00
OIL STOCKS
PRODUCERS— 814. . Ask.
Amalgamated Oil 60.00 64.00
American Crude Oil C 0.... -98
American Pet Co pfd 95.00
American Pet Co com , ...». [ 61.00
Associated Oil ....: 44,8714•: 45.50 -
Bronkshlrc Oil 1-90 2.10
California Midway Oil Co 64! i .65
Central »■» . 2.15
Cleveland Oil Co .28 .30
Coallnita Central Oil Co 63
Columbia 115 1.25
Continental Oil 38 .68
Euclid Oil Co -55 .75
Fullerton Oil *■«> ,
Globe •17I '«
Jade Oil Co i -3814
Mexican Pet. Ltd. pfd 65.00 75 60
Mexican- Pet. Ltd. com 23.00 24.25
New Pennsyl Pet. Co .95 1.25
Ollnda Land Co. (Oil) 60 .66
Palmer Oil Co 1-25
I Perseus Oil Co ••>"
Plnal Oil Co • 10.00
IMru Oil and L Co 17% . .....
Rice Ranch Oil Co 75 1.00
Section Six Oil Co ...- -60
Trader. Oil Co 86.00 105.00
Union .. 103.76 104.00
Union Provident Co 102.00 103.00 .
West Coast Oil com 9.00 .....
Western Union 66.00 150.00
NON-PRODUCERS— . .. . .
McKlttrlck Inv. Oil Co 1214
McKltlrick Opcr. Oil Co 10
Oleum Development Co • -.0714 ••••
DAILY MINING CALL.
Morning sales—looo Johnnie, 13.
• LISTED STOCKS
CALIFORNIA- Bid, Art.
Cal Hills M Co ... .08%
Consolldaed Mines Co 7.00 M .01
NEVADA—
Johnnie Mm and Milling C 0.... .1314 .14
Searchlight Parallel .■■•■'. 01 .01%-
NEW YORK COTTON
Special service to The Herald by J. C. Wil
son. 212 West Fifth street, bos Angeles.
NEW YORK, July 6.— Trading in today's
cotton session was quieter than yesterday, and
although the opening waa practically un
changed, prices saggud. The changes, how
ever were not great, the reaction being
caused mostly by slightly more favorable
weather reports and a desire to realize
profits. The closing tone waa firm but quiet.
Spot cotton at New York, quiet, 10 point*
lower, at 15.33, with no males.
Quotations ranged as follows: —Close-
Open. High. I»w. Bid. Ask.
January 12.56 12.50 12.43 13.43 12.44
February "•« ".45
March 12 5» 12.59 18.49 13.47 12.48
July 15.44 15.44 16.26 15.86 16.28
August 14.82 14.82 14.69 11.69 14.70
September 13.41 13.43 13.26 13.26 13.27
October 12.79 12.79 12.65 12.66 12.66
November 13.60 12 60 12.60 12.61 13.63
Deoember 1860 12.80 13.46 12.46
Spot cotton, 15.36, quiet; 10 lower.
CHICAGO LIVE STOCK
CHICAGO, July 6.-Cattle—Receipts esti
mated at 13,000; market strong. Beeves, $5.40
®8.t»; Texas steers. |4.25®«.65; western steers.
15 25(5'7.80; stoekers and feeders, 53.7006.90;
cows and heifers, $2.90i37.00; calves, »6.00®
Hogs—Receipts estimated at 10,000; market
Wo higher. Ught, »9.3f1e!>.55; mixed, $3.15©
9.50; heavy. [email protected]; rough. IS.B*<B«. 16; good
to choice heavy, |[email protected]; pigs, $9.25ff19.60;
bulk of sales, $9.20(819.40.
Sheep—Receipts estimated at 20,000; market
We to 15c lower. Native, 53.005J>4.75; western,
<3.15®4.«0; yearlings. $5.00(60.85; lambs, na
tive, $4.»6®8.60; western. $5.2(^,8.15.
SOCIETY IN THE ARENA
If that fight takes place at Reno
tho society editor will have a lively
tlmo in preparing tho "Among those
oresent" list.
CHICAGO GRAIN
Special service to The Herald by J. C. Wil
son, member of the Chicago board of trade,
New York stock exchange and Han Francisco
bond and stock exchange, 212 West Fifth street.
Los Angeles.
CHICAGO, July «.—General rain, hail and
windstorms northwest made a lower market
or wheat early and the price sold off Hi to 1%
rom yesterday 1 close. The selling at the
lecllna was overdone, there hat been some
ather vigorous bull campaigning slnco and
ha shorts have been stampeded. Early loss
las been substituted by a substantial advance
i. squeeze In July wheat at Winnipeg helped
0 Intimidate the short sellers here. Thorn
I'M an unfounded rumor here that Winnipeg
lad sold wheat for export. A local exporter
iperatlng at Winnipeg today received gratu
tous requests to cancel some old Kales for
ixport at 3 to 5 cents below the Winnipeg
>rlces before the latter scored Its last 3-cent
idvance. New wheat sales from the country
ire not Increasing as rapidly as expected.
Kansas City mills have been hedging their
lour holdings with wheat sales there today,
he demand for flour being extremely light.
Shorts were covering sharply here toward the
ast, prices responding to their excited buying,
Che sharp advances In July wheat and the
'act of a government report Friday upset any
itaylng qualities of moderate sized shorts
mil they came In regardless of anything but
.heir commitments.
Corn covered the same general course as
wheat, with the exception that early losses
n-ere relatively larger and the later rally not
io pronounced. In corn the chief pressure
;ame from longs, who took their property
,-esterday. These reinstated near the close
:oday because of the wheat bulge, scattered
ihorts meanwhile covering. The weather has
wen line for the growing corn crop. Rains
ast of the Mississippi river In much of the
wit favorable. Rains northwest helped the
reed situation some. i
Oats weakened with the other grains, but
■allied since and mad* a fair net gain.
Weather continues fine for the filling of oat
n the greater portion of the big oats states,
rhls Is worth a great deal to the crop. Du
uth reported sales of oats there for shipment
lack to North Dakota.
Provisions reversed the action shown In the
[rains by starting strong and closing weak.
Fhe early bulge was due to a much lighter
■un of hogs than expected, while later easi
less was owing to liquidation of sales by
longs.
MARKET RANGES
WHEAT— Open. High. low. Close.
rul • $1.00% 11.0414 11.MV4 $1.03
September 1.01 1.03 1.00., 1.02%
December .. 1.02V4 1.05T4 ' I.ol* 1.03%
Hay LOCK 1.07% 1.05 1.07V4
CORN- ' '
ruly M% .59K .58 .59
September . 61% " .61% .60% .61%
December 59% .60 .58% .60
May «Ui .9JV. ,60% .62
OATS—
Fuly WH .4014 .39% .40U
September 39% .39% .38% .39%
December 40 .40% .39% .40%
Way 42% .43 .4214 .43
PORK
ruly 14.67 24.75 24.00, 84.35
September 22.40 23.43 23.16 22.20
LARD—
ruly 12.17 15.17 11.97 IS. 00
September 12.17 12.20 11.97 13.02
RIBS—
ruly 12.67 12.67 12.37 12.40
September 12.20 12.23 11.98 12.00
Dctober 11.75 11.75 11.55 11.57
CHICAGO, July 6—Flour quiet. - No. 2 rye,
[email protected]: feed or mixing barley, 50860; fair to
choice malting, 62®7j; flax seed.. No. 1 south
western. $2.05; No. 1 northwestern, $2.15; tim
othy seed. 15.00; mess pork, per bbl.. $24,753
25.00; lard, per 100 lbs., $12.00; short ribs,
■ides, loose, »12.«[email protected]; short clear Bides,
boxed, $14.00014.25.
Grain statistics—Total clearances of wheat
»nd flour were equal to 126,000 bushels. Ex
ports for the week, as shown by Bradstreet's,
were equal to 850,000 bushels. Primary re
ceipts were 224.000 bushels. The world's vis
ible supply, as shown by Bradstreet's, de
crease 833,100 bushels. Estimated receipts for
tomorrow: Wheat, 4 cars; corn, 163 cars; oats,
50 jars; hogs, 11,000 head.
DAILY MOVEMENT OF PRODUCE
Articles. - Receipts. Shipments.
Flour, barrels 19.100 10.800
Wheat, bushel 4,800 30,400
Corn, bushels 346.000 39.800
Oats, bushels 328,600 218.100
Rye. bushels 1.000 ■
Barley, bushels 38,900 22,200
« ■ > : ■ . ■
PACIFIC COAST TRADE
BAN FRANCISCO, July 6.-Flour— Family
extras, $6.60(g'6.00; baker's extras, [email protected];
Oregon and Washington, [email protected]
TVheat—Shipping. [email protected]
Barley-Feed, $1.00&1.01>4; brewing, [email protected]
1.10
Oats—Red, tl.1501.30; white, [email protected]
MUlstuffs— Middlings, $28.00(831.00; mixed
feed, [email protected]; rolled barley, »21.50^22.50;
oatmeal. $3.60; oat groats, IZ.<K; rolled oats,
$28.00529.00.
Hay—Wheat. $»[email protected]; wheat and oat, $9.00
UE12.00; oat, wild, $7.00(910.00; oat. tame, $13.00;
alfalfa, $7.00®W.00; straw, $35.00®60.00.
Bcans-Plnk. $6.00©8.35; Lima, 54.40R4.60;
small white, [email protected]; large white, [email protected]
Potatoes—New, 9Oc<!}sl.ls.
Onions— Fancy. 82.25; common, $2.00.
Various—Green peas, 51.00HJ1.50; string beans.
Bi9sc; egg plant, [email protected]; green peppers, [email protected];
tomato«s, [email protected]; summer squash, »®6sc;
asparagus, $1.00®1.75; garlic, [email protected]; cucumbers,
16©76 c.
Poultry-Rooatf .s, old. $5.00®5.50; roosters,
young $7.60<510.u0; broilers, small, $2.25i?83.00;
broilers, large, $5.00(8>3.50: fryers, $5.00#6.00;
hens, [email protected]: ducks, old, [email protected]; ducks,
young, $5.8007.60; geese, $2.00i32.50; goslinga,
f200©2.50; pigeons, young, Jl [email protected]
Receipts-Flour, 6905; wheat, 1890: barley, 11,
--6- oats, 2746; beans, 1183; potatoes, 2030;
onions, 330; bran. 30; middlings, 35; hay, 288;
straw, 5; hides, 450; wine, 37,660.
VISIBLE GRAIN SUPPLY
NEW YORK, July 6—Special cable and
telegraphic communications received by
Rradstreefs show the following changes in
available supplies, as compared with previous
account:
Wheat—United States, east of Rockies, de
creased 1,273,000 bushels; Canada, decreased
1458 000 bushels. Total, United States and
Canada, decreased 2,731,000 bushels. Afloat
for and In Europe, decreased 6,600,000 bushels.
Total American and European supply, de
creased 8.331,000 bushels.
Corn-United States and Canada, decreased
413 000 bushels.
Oats—United States and Canada, decreased
933,000 bushels.
FRUIT MARKET
SAN FRANCISCO, July 6.-Pancy apples,
76cii$l 86; common, MSSOc; strawberries, $4.M)
©6.00; blackberries, $2.60(83.00; raspberries,
[email protected]; grapes, ordinary, $1.25®1.50; Mus
cat [email protected]; Fontainbleau, $1.25; pears, com
mon 60c; fancy. 85c; Bartlett, $1.5061.75;
peaches, common, 75c; fancy, $125; plums,
common, 20c; fancy. 65c; oranges, navels,
$1 50(83.50; Mexican limes, [email protected]; lemons,
common California, $2.00; fancy. $6.00; water
melons, $2.00(^3.00; fancy cantaloupes, $2.60;
common, $1.76; bananas, 76c653.00; pineapples,
$2.&[email protected]
CALIFORNIA DRIED FRUIT
NEW YORK, July *. — Evaporated apples
In better demand and prices firmer; on the
»pot fancy is quoted at 10%®ll%o; choice,
B'/[email protected]; prime, [email protected]%0; common to fair, 6
@6%c. . Prunes firm on the decreasing
stocks, quotations ranging from 3%©9« for
Callfornias up to JO-40S and 4%%90 for
Oregona. Apriootg were firm-with a quiet
domestic trade, but a fairly active demand;
choice, 9%@10%0; extra choice, 10 M He;
fancy, 10%@13%c. Peaches, quiet and
steady; choice. «®6%; extra choice, 7t»
7M,0- fancy, 7%©7%0. Raisins, dull but
steady: loos» muacatils. »%®6%0; choice to
fancy seeded, 4%«>6%0; seedless, 3%®«%c;
London layers, $1.20© 1.85.
BANK CLEARINGS INCREASE
EVEN IN DULL PERIODS
l<oe Angeles bank clearings Wednesday
totaled $3,346,550, tho highest record for
July, 1910, being f 161,406 greater than last
Saturday, and the fortieth highest clearings
In the history of tho city. The amount Is
$208,934 greater than for the sama day In
1909 This Is a remarkable showing for one
of the dullest months in the year In most
cities In the country, but there are no dull
business daye In I.os Angeles. This la a
pretty lively •'village 1' every month In the
year.
♦■•■•>
NONCOMMITTAL
"Are you still living on vegetables
only?"
"Well. I'm still eating vegetables
only."
LOCAL GROWN MELONS
RIVAL VALLEY FRUIT
Advance in Eggs on Light Re
ceipts—Butter and Cheese
Remain Steady
Local grown cantaloupes, fresh from the
,lncs, have commenced to appear In the nmr
ml. They arc of large size. Cabbage crates
if local melons wholesale at $4. No change
In valley fruit. Prices are expected to de
;llne with local producers as shippers.
Kecelpta of eggs fell to 156 cases, and prices
Idvanced to 31 cents for ranch candled, 27 ,
cents for case counts, 28 cents for eastern
fre«h and 86 cents for eastern storage
packed extras.
Market firm on butter. Receipts, 41,283
pounds.
It is believed that the bottom has been
reached on potatoes and onions, and that
advances may be expected soon.
Dealers reported fish scarce.
Receipts of produce were: Eggs, 154 cases;
butter, 41,236 pounds; cheese, 23,795 pounds;
potatoes, 11S4 sacks; apples, 17 boxes.
PRODUCE PRICES
Following are the wholesale prices of produce
to retailers as compiled by the Market Re
porter:
EGOS—Local ranch, candled, ale; do case
count, buying price, 27c; fresh eastern, 28c;
eastern storage packed, extras, 26c.
HUTTEF.-Selllng price tc trade 2V4e higher.
California creamery, extras, SlVic; do firsts,
Vie; cooking butter, 26c; ladle butler, 26c.
CHEESE—Northern, fresh, 17c; Anchor,
large, 18c; Oregon Daisy. 18'ic: eastern sin
gles, 19c; do Twins, [email protected]; do Daisies, 19c:
do Long Horn, lite: do chertders, 20c; imported
Swiss, 30c; Jack cheese, 25c; domestic Swiss,
23c; cream brick. 20c; Limburger. 19o; Roque
fort, [email protected]; Edam, $8.25®9; Canadian cream,
per box, 11.
BEANS-No. 1 pink, $7.25; No. 1 Limas, $1.75
'g. ri; No. 1 Lady Washington, 14.50*34.75; No. 1
small whites. $5; No. 1 Blackeyes, $6; No. 1
Garvanzas, $4: No. 1 lentils, California, »7.
POTATOES—New potatoes, per lug, 60c; new
potatoes, [email protected] per sack; yellow sweets,
lb.. Be. : •
ONlONS—Northern Australian brown, per.
cwt.. $1.75; local SUversklns, lug box, 60c;
crystal wax, $2; garlic, per lb., Be.
FRESH FRUITS—White Astrakans, $1.75;
Pearmalns, 4% tier, $2; Pearmains, 4 tier,
$1.50; Newtown Pippins, 4 tier, $2.25; do 4V4
tier, $1.25; Spltzenbergs, $2-82.25.
BERRlES—Strawberries, per basket, [email protected];
raspberries, per basket, 4®sc; blackberries, per
basket, [email protected]: Loganberries, per basket, 4'Ssc;
gooseberries, 10c.
Grapefruit, seedless, $3; do seea
llngs, $2; Valencia oranges, [email protected]; limes, 20
--lb. box, $1.25; lemons, [email protected]
TROPIC" \L—Bananas, per lb., 414 c; do red,
6c; dates, Fard. lb., [email protected]; do Golden, lb.,
74c; Persian, 1 lb. pkgs., 7>,4c; pineapples,
10c.
MISCELLANEOUS— Apricoats, per lug box,
[email protected]; cantaloupes, standards, $2.25; do pony
crate, $2.00; do Jumbos, per crate, $2.00;
locals, cabbage crates, $4.00; figs, per box,
Matte j grapes, per crate, [email protected]; Peach",
box, $1.00®1.10: plums, per lug, [email protected];
watermelons, per lb., [email protected]
VEGETABLES— Asparagus, green, per 10.,
10c; bell peppers, lb., 15c; beets, dor. bunches,
25flS5c; beans, string, lb., [email protected]; cabbage, green,
sack $1.10; do red, lb., 3c; carrots, dozen
bunches, [email protected]; celery, per doz.. $1.35; cucum
bers, per box. [email protected]; corn, green, box, 75©85 c;
corn husks, cut, per lb., 10c; egg plant, lb..
[email protected]; horseradish, per lb., 25e; okra, lb., 15c;
lettuce, crate, [email protected]; peas, lb., 5(86c; arsley,
dozen, 25c; rhubarb, Crimson winter, 760; do
northern Strawberry, box, $1; spinach, dozen.
25c • squash, summer, per lug box, 35c; young
onions, dozen, 25c; turnips, dozen bunches, 25
Iji3sc; tomatoes, 75W85c.
DRIED FRUITS—Apples, evaporated, lb.,
914; apricots, lb., 12c; figs, white loose, box,
$l.B0; do black. $1.35; Imported figs, par In.. 12
@15c; currents, 9'[email protected]; peaches, lb., 6<BSc;
pears, lb., [email protected]; plums, lb., 10c; nectarines,
PRUNES—3O-4Oa, 8«c;' 40-BOs, 7V6e; 80-60s,
6Vto; 60-708, 6c: 70-80S, 6'tc; 80-90s, So; 90-lOOa, 4c.
RAISINS— 2 crown, loose, 60-lb.
boxes lb., 3c; 3 crown, do do, 4c; 4 crown,
do do, 6c; London Layers, 2 crown, 20-lb. box,
«oc' do 3 crown. $1.20; do 5 crown. $1.80;
Sultanas l.cached, lb., [email protected]; do unbleached,
lb., 4c; seeded raisins, 16 oz. pkga., 7c; do 13
""nutl—Almonds, fancy IXL, lb., [email protected];
Brazils lb., 17',&e; cocoanuts, 90c; filberts, lb.,
14c' pecans, XXXX, lb., 17c; peanuts, eastern,
lb 7V4c; do Japan, [email protected]&e; walnuts, No. 1, S.
S., lb [email protected]; do No. 2, 12c; do budded, 16c;
pojeorn, eastern, per cwt, $3.50; do local, $3.50.
RICE— Fancy Honduras (Carolina), per 100
T. =„ $0.75; chol. 1 do, [email protected]; Japan grades,
$3 [email protected]; Island rice. $5.50; broken, $3.60.
HONEY—Extracted water white, lb., BV4c;
do white, 7Ho; do light amber, 7c; comb honey,
1-lb. frames, 18c; beeswax, lb., 20c.
LIVE STOCK—Packers pay, f. 0. b. Los An
geles for: Beef steers, [email protected]; beef heifers,
4Vtasc- beef calves, 6H®«e: mutton weathers,
$5 60«6; do ewes, [email protected]; do lambs, $3.50®3.75;
POULTRY— Turkeys, live, per lb., [email protected];
large hens, 4 lbs. up, per lb., 18c; small hens,
2',413V4» per lb., 16c; broilers, 1 to H4, per
lb , 16c; friers, 114 to 3 lbs., per lb, 19c; roast
chicken, per lb., 20c; duck, per lb., 15c; geese,
per lb.. 15c; squabs, per dozen, $1.60; old roos
ters, per lb., 10c.
CHILI— Evaporated strings, lb., 25c; do loose,
22c; Mexican black, lb., 250; green chili, lb.,
90; chill Teplns, lb., [email protected]?c: Japan, [email protected]
HAY (baled)— The following quotations are,
furnished by the Lo» Angeles Hay Storage Co.:
Barley, $12.50614.50; tame oat, per ton, $149
16 50; alfalfa, [email protected]; wheat hay, »[email protected]
•ILL FEED—Bran, $1.45; whole corn. $1.80;
cracked corn, $1.85; feed meal, $1.90; rolled
barley, $1.30; oil cake meal. $2.95; shorts, $1.70;
Kaffir corn. $1.75; white oats. $1.90; do red,
eastern. $2.25; wheat, original sacks, cwt,
$1.(0; do 100-lb. sacks, $1.86.
. ■» » » .
FLOUR AND FEED
Following ar» the wholesale prices on flour
and feed furnished by the Los Angeles Farm
ing and Milling company:
FAMILY FLOUR—
XXXX Standard, blended. per bbl 16.00
Purity 5.M
Our Pride 6.20
Apple Blossom 5.00
Flour In H-sacks SOc per bbl hlghsr. XXXX
la retailed at 11.70 per 14 sack; «Oo per % sack.
MEALS AND CEREAL GOODS-
Ss Bales. Ms Us
Graham flour 13.40 $1.20 13.15 $3.10
Entire wheat flour 3.60 3.30,3.23 3.20
Rye flour *-80 3.60 3.65 8.60
Rye meal ».M 3.50 3.65 8.50
Corn meal, Y. & W 2.80 1.60 1.56 8.50
Oatmeal, steel out 5.70 6.50 6.45 6.44)
Hominy, large and small 4.10 8.90 3.86 3.80
Farina «-00 3.80 I- 76 3.70
Cracked wheat 4.00 8.60 3.75 3.70
XXXX pastry, In bale* 13.5003.
XXXX family In bales 3.70®3.50
Holied wheat, bbl. 126 lbs 14.60
Rolled wheat, sacks, 75 lbs., per sack 2.51
Rolled wheat, sacks, 60 lbs.. per sack 1.70
100 lbs.
Alfalfa meal $130
Bone, granulated 1.00
Bone meal ••• I.o*
XXXX beer scrap* 1.10
Bran '. 1.4*
Rolled barley I.SS
Charcoal Ml
XXXX chick feed I.M
Per bale 20 6-lb bags 3.10
Per bale of 70 10-lb. bags 3.10
Corn, eastern mixed I.M
Eastern whit* • l"i
Yellow dent }•»
Cracked »-JJ
Small yellow }•*>
Feed meal • }•*>
White Egyptian ••■••• IM
XXXX dry mash (a superior egg food)
per 90-lb. sack *•*»
Orlt, granite •'?
Oil cake meal •■•■• J-J»
Oats, extra Quality white feed I.W
Shell, California clam -7»
XXXX special dry scratch food z-i»
Shorts IV:
Wheat }"?
100-lb. sack „.,.... *■•»
Cracked. 100-lb. lack . ; '■"*
BUTTER, EGGS AND CHEESE
<» CHICAGO. July 6.-Butter steady. Cream
trios, 2«V4®2714c; dairies. 23Q36e.
Eggs a»«y. receipts 24.628 at mark, casei
Included, l«@Ul4c; tirsts, 16c; prim* firsts,
\7IJLn
Cheese firm. Daisies, 16'i«15%c; twins. 15®
154 c; Young Americas, 15%®16c; Long Horns,
lMioite,
BAN FRANCISCO. July 6.-Butter-Fancy
creamery, )»c; seconds, 21Hc; fancy dairy.
Chee»e—New, 13gillV4c; Young America, 160
I6MIC.
Eggs-Ranch, To: store. 25& C.
.» « m
PARADOX
You can buy Panama hats all the
way from $5 to 160, but most of those
you see on the streets cost less than
that.
No. of Bank 192 Incorporated Dec. 20, 1893
Report of Condition
OF THE
Title Insurance and
Trust Company
At Los Angeles
At Close of Business on the 30th Day of June, 1910
RESOURCES
Loans $1,228,364.90
Stocks, Bonds and other Securities 220,005.33
Other Real Estate Owned 10,000.00
Due from other than Reserve Banks 61,059.81
Due from Reserve Banks 142,815.82
Other Assets 33,169.60
Total $1,695,415.46
LIABILITIES
Surplus $ 258,343,82
Trust Deposits 1,407,830.96
Profit and Loss • 29,240.68
Total $1,695,415.46
State of California, County of Los Angeles, ss.
O. F. Brant, vice president; O. P. Clark, secretary, of the
above named Bank, being duly sworn, each for himself, says that
the foregoing statement is true to the best of his knowledge and
belief O. F. BRANT, Vice President.
O. P. CLARK, Secretary.
Severally subscribed and sworn to by both deponents, the 6th
day of July, 1910, before me. F. H. GREENE, )
Notary Public.
J. C. WILSON
212 WEST FIFTH STREET
MEMBER: New York Stock Exchange. Chicago Board of Trade. The Stock and
MAIN 6006 CORRESPONDENTS: «»M
Harris, Winthrop & Co.
NEW YORK CHICAGO LONDON PARIS
Pasadena Client. Call Home 119. B. G. LATHROP. Man»«el.
CLEARING HOUSE BANKS
£I^T~'~” ~ ' OFFICERS
: T~Z XT .. 1 T3onL- ISAIAS W. HGLLMAN. Praldeat.
nited States National Bank r . v , smith, cuuk
Capital. 1200,000.
I B. corner Main and Commercial. Burplua and ProHta. 171.00*.
C~~ '■ ; —: , D _„ R. J. WATERS. President,
itizens National JbsanK vvi. v. woods. ca»w««.
Capital. 11,000,000.
S. W. corner Vhlrd and Main. Surplus. $600,000.
C. .-. . . „ . W. A. BONYNGK. President. i .
ommercial National tsanK newman essick, cajuiw.
Commercial National cantc Capital, 1200,000. cashier.
Capital. $200,009.
401 B. si ing, corner Fourtn. Surplus an! Undivided Proflta, tO.oo*.
■ " — ; -—^ . i w. HEUL.MAN, President.
Tanners & Merchants National Bank charles seyler. oubiMu.
Farmers & Merchants National cans Capital, t1.000,000. cashi«.
Capital, $1,600,000.
I Fourth and Main S Surplus and Profits. tl.MO.OO>.
* J M IjLLIQTT, I'rcnlilont.
First National Bank w. f. b. hammond. cashier.
Capital >toclt, $1,250,000. . . ■' l ■■■/
P X corner b>pot»' and Spring. Surplus and Profits, >1.K?".OM
" ■' ._. . W H HOLLIDAY. President.
Merchants National Bank chas. greene. cashier.
P. E. corner Third and Sprln,. Bu'rplSs «fund?vlded Proflta. WM*
National Bank of California h, iiexaK cashier.
N. E. corner Fourth and Sprln,. sSry'lus ft Undivided Proflta. tlt.m.
—————————~~~~~'^~~~~ g. jr. .IOMBRO. President.
II entral National Bank james b. gist, cashier.
I B. E. corner Fourth and Broadway. Bur",'". 1 l™Wi\vta>* Vrotlf. *»*.m.
Broadway Bank & Trust Company £ Aw Rlredman. cashier.
' Capital, $260,000.
MMm Croadway. Bradbury bulldlnV •"»■». A Und.vld.d Pronto. »■»»*.
LOS ANQEtES S*y»jgSyNt<i
SECURITY
itviMCrs BANK.
Largest and Oldest in the Southwest
Resource, $29,000,000.00
Pay* the highest rate, of Interest and on to* most Über»l term, contbteat »rlt»
eoond, conservative banking. _
Largest and best equipped Safe Deposit and Storage Vault in the
Southwest.
Security Building ' Spring and Fifth Streets A
mmmmmm,
JIMPUI 1^ THE. BANK WITH THE "■■M""
j§r EFFICIENT SEJ9VIC£^
j[ JFPRING ANO FOURTH STS. m
FIND DEAD MAN'S BODY
IN IRRIGATION DITCH
Circumstances Indicate Death
Was Due to Accident
SANTA ANA, July 6.—Reginald Al
viso, aged 32 years, was drowned yes
terday afternoon in a ditch of the
Santa Ana Valley Irrigation company's
system near Olive. The man's body,
dressed in his underclothing, was found
in the ditch. It is believed Alviso was
trying to cool off and fell in deep w iter
and was drowned. The water la about
Right feet deep where he mot his
death.
SANTA ANA BRIEFS
SANTA ANA, July 6.—Orange county
banks have decided that on and after
July 16 they will close their doors at
noon of each Saturday. This is a per
mannent arrangement.
During the month of June the city
water works pumped 63,000,000 gallons
of water, which is the biggest pumping
month on record for Santa Ana, the
dally average being 1,787,218 gallons.
The Altland Fruit company filed ar
ticles of incorporation with the county
clerk today. The capital stock is
$100,000 and the stockholders are E. N.
Altland, D. B. Altland. H. B. Little.
J. Mclnnons, J. U Butler. A packing
house owned by the company Is located
at McPherson.
i9S 3w
jy In your mind. Whenever you thlnk^H^
ff of any bank, think of ours. Com. V
■L pare our conveniences with other B
■k banks. Ask any one of over 28,- MS
am 000 people who have opened so- Sf
V counts with us. Every one of W
M them know the bank officials in H
n addition to knowing the tellers. M
SUE OVER WALNUT DEAL
SANTA ANA, July 6.—The Santa
Ana Valley Walnut Growers' associa
tion today filed an appeal in the supe
rior court in its suit against O. S.
Lewis to collect a fine of $100 from
Lewis because he did not deliver all
of his walnuts to the association, of
which he is a member. Decision was
given for Lewis in Justice Smlthwick a
court, T<ewis contending ho had not
signed for all his crop.
WANTB STREET LIGHTS
SANTA ANA, July 6.—Garden Grove
today presented a petition to the board
of supervisors asking for the formation
of a light district, the object being the
maintaining- or street lights in Garten-,
Grove. This procedure, new In this
county, Is brought under the law pro
viding that unincorporated cities majf
form a district for street..Ufifttltir.
The matter will bo actaU on by *ne
board at an early Jay. „'/;
7

xml | txt