Los Angeles herald. [microfilm reel], September 03, 1910, Page 7, Image 7

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

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

                
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FINANCIAL-COMMERCIAL
MARKET TRADING
MUCH CURTAILED
Bears Begin to Sell but Soon
Become Intimidated at
Signs of Support
DEMAND FOR CREDITS SLIGHT
Government Report on Cotton
Fails to Awaken Response
in This Commodity
NEW YORK, Sopt. 2.—Speculative
dealings In stocks were greatly cur
tailed today. Some further selling was
In evidence early, apparently designed
to test the market, but bears were In
timidated by signs of support In tho
two of three stocks In which activity
centers, and bear selling soon came to
a stop.
The government report on cotton con
ditions was the last factor relied on to
awaken any active interest In the mar
ket, but both the stock and cotton
markets were practically unresponsive
to the showing.
The preliminary estimates of the
week's currency movement bore out the
supposition that the drain on the cash
holdings of the banks would run to the
neighborhood of $10,000,000. The great
dullness of the present demand for
credits in. New York leaves the move
ment without any great lntluence.
The Issuance of the controller's call
for national bank statements as of
September 1 promises opportunity for
Interesting comparison with the show
ing of June 30 for the light it will
throw on the Joan position of the banks
in the south and west.
The private discount rate In London
showed a yielding tendency today, but
the foreign exchange rate here was lit
tle affected.
The stork exchange will be closed
until Tuesday.
Bonds were steady. Total sales, par
value, J997.000.
United States bonds were unchanged
on call.
NEW YORK STOCKS -
I Special service to Th« Herald by J. C. WH
ion. 212 West Fifth street. Lou Angeles, mom
ber New York stock exchange. Chicago board
of trade, stock and ■ bond exchange of San
Francisco,
' NEW YORK, Sept. Following were the
quotations today:
Bales. Stock. , ; High. Low. Bid. Ask.
;.17..f Allls-Chalmers ..... -.''.. 8' 9
,„;...* do preferred „",„..,:,.' 81 -85
C.BHI) Amalg Copper .... 63% 62% K3*4 0.1%
209 Amer Beet Sugar.. SG% Sb% Sf>'i 30
100 Amer Can Co 8% BV4 8% >■ B*4
300 do preferred 68% 65% 67 69
300 Am Car and Fdry. 47Vi 46% 46% 47
.....'..' do preferred ...: 110% 115
- 300 Amer Cotton OH.. 63 62 61% 62%
1 ....... Amer Express -.. .. 230 250
. , .Am Ie- Securities .. .. 19 19%
! Amer Linseed .. .. 11 12
--■ do preferred ..... .. "• .. 29 34
' 200 Am Locomotive ... 84% 34% 84% 85
400 do preferred 103H 103% 103 104
I 2,100 Am Pmlt and Rfg. 67% 60*4 67 67*4
>..".....'■ do preferred .. 103 104
200 Amer Sugar 117*4 117% 117H 118
'..«»..." ido preferred 117 I 120
Amer Steel Fdr* .. .... 43 45
. 600 Am Tel and Tel ..[phone]% 136%
.; Amer Tob pfd .. 92% 93>i
. -• 100 Amer Woolen 28% 28*4 27 29
100 do preferred ..... 95 95 9474 95%
....... Anaconda ' 39% 40
„...;. Atlantic C Line .... .. 106 112
2,500 AT & Santa Fe.. 97 96*4 98% 97
• 100 -do preferred ..... 99*4 99% 99% 99%
' 8,000 Bait & Ohio 108% 101% 102*4 102%
......; do preferred .. 88 89
1,600 II T :.... 7414 74 74% 74%
700 Cn Pao *-d 8%-1%.189% 188% 189% IS9V,
1,500 C O ....73% 7! 72% 78
U»O & A 30 30 28% 30%
. TOO C& O W 22*4 22 22% 23
200 do preferred. 44% 43% 44 4514
. 200 C. 4 W 142% 142*4 142% 148
3.400 C Mi fit P 119% 118% 118% 119
1.100 do preferred 144 -• 143 142% 144
1,400, Central Leather .. 34% 33%" 83%' 34
V^lOo' do preferred ': 105,% 105% 106% 106
„V..:.' Cent of It I .. .. 250 300
.;...•..' C C C &St L, ... 70 ♦ 78
....... ■do'preferred ..... .. .. 98% ■ 98*4
#i Colorado F and, 1 .. \ .. 28% 30
....... do preferred .. 100 120
..,..:; Columbus H C A I .. .. 4 6*4
■»;'...■.. Colorado Southern I. .: . 53 55
....V.." do Ist preferred.. .. . I '.. 71 ; 7B
j.,,■.;..i-do 2(1 preferred.. .. .. •-> »9 ' 72
i 1,100 Consolidated Qas ..129V4 128% 128% 129%
- 200 Corn Products „••• 13% 13% 13% 13%
' do preferred , .. 72% 76
,' Del & Hudson .. 158 160%
;. DL & W............ .. ".. 493 620
700 d &r a 29*4 J9% 29% 29%
■ 200 •• do preferred .....70% 70% 70 71
.:. 100 Diamond Mate* .. 88% -88% 88*4 89
....... Distil Securities ... ...... 27% 28
Duluth S 9 4 A , .. 10 10%
....'... .do preferred '• ..- 19 22
.•i.. 800 Brie 25% 24% 26 26%
100 do Ist preferred.. 42% 42% 41% 42%
..".....'.; do, 2d preferred.. .. .. 29% 80
...;.:. Gen Uec x-dlv, 2..; .. .. 1411i.144%
■ 300 Gt Northern Ore .. 54 63% 64 . 66
•5 900 ■do prof erred 123% IIS 123% 134 ■
• iS.' 400 Illinois Central ...128 127 ' 126% 132
; 3.800 Interboro-Metro ... 18% J 18% 18% 18%
I 8,600 "do preferred 49% 48% . 48%. 48%
'„...». luternat Paper .. • 10% 11%
■„..... do preferred ..... .. -.- .. 45 48
; , 300 Internat Pump ... 38% 38% 38% 39
,'.,..... do preferred. ft .. 80 . 87,4
„.-.....- lowa Central .. „ 16 17
....... •do preferred ..... .. ' .. ,80 30%
100 X C Southern ..... 28%. £S% 28 29
100 do preferred .....63% 63% 60 68.
,;.... L, E & Western .. ..->.. 15 17
:do preferred ..... .. .. 85 ,48
SOOL & N ?. ....1O . 141% 141*4 143
»..•„-.. Mackay ..."».. .. ... 85 86 s
„•.'.... :do preferred .. ■.. 74*4 75.
........ Manhattan .. .. 129 • 133"
;. Mexican Central '.... :. 30% 80%
„'.M..-Minn>A:Bt L...... .. .. 33 25
.•- do Ist preferred.. .... 88 49
• 200 MStP &S 3 M..12J .128 312J.'«1 I*%
*.;.'....* do preferred " .• 143 148
, ,800 M X ft Texas .... 81% 81%, 31 - 81%
, ...'.... do preferred ....... V •• 61 62.
i ,200 Missouri Pacific ..63 53 63-^63'
a 100 National Lead...... 61 -"61 60*4 61*4
„....';'do preferred .......... MJ 10*
!....;.. National Dlsoult .._.. /' •• :; 113 1" '
' ..T..*..Vi do preferred „,;.*..;? •• / •• ■ 121
i i 300 Nevada Cons ...... 20% 80*4 ' 20% 20%
.'...... N Air Brake ...-»f-".. 70 „75
1,500 N V Central ...;..UOH 100% 110 110*4
; NyC4 st i, ,'< .. '61 63
' .......'.'do Ist preferred.. ..; .. • 100 110
-.r..i..” do 2d preferred.. .. ■ ..' 80 93
■.<■ 300 N V N H & Hart.l6l*4 ' 161% ■ 151*4 165
....... NlY.Ont & W..... .. . ... 39*4 ', 40%
...fta.Norfolk & Western .. .. 86 ' 96%
„..?Trt do preferred ■„■.,..:;'.. 86*4 89,
*..■;,.;,• North American ,';<> ■.. • 67 ' 68 -
900 Northern Pacific ..114*4 113% 114% 114%
„,•.:.; Omaha .........;.. i. .. 130 160 .
....... Omaha pfd ■..,.'...,.. ''.. 140 £.115'
.... Pacific Coast ...... .. ~.i 98 . 100
■;..'...'. Pacific Mall .. • .. 25% 26%
• 3.100 P-Jina Blt .Co.. 127% 127 .127% 127%
• . 100 Peoples Gas 106% 106% 106 106%
■''.'„.'«•." Plttsburs; Coal .'...-..•;,.... ■ 1« 17V4
» "00 do preferred ..... 66 . 6J , 6) 66*4
'„.,.. P C C & St L.,......,'-. 1.. . 94 ; 96
' .'..:. do preferred ..... „ ; ... 106 115-,
,'.;;-. Pressed Steel Car ..,;. ... , SS% ; 34*4
„.*.-dp preferred ..... .. .., M . 95
'...V..7 Steel Springs ; ' ■■ 81 ..■. S«
....... fdo preferred ■• -..-'■'- 91*4 99
41.000 Reading .. .;......U»% 138% 139% US*
jr> in i i Tirrtv *-I-hi ■rf»*l»iif rri'TTltf Mr*- i rrT-*J%i'i . - - ' ' ,
....... do Ist preferred..'.. .. It 87
100 do 2d preferred.. 92 92 91 93%
600 Republic S& 1 29% ' 29% 29% 80
do preferred - .. 90 96
1,700 Rock Island Co ... 29% 2914 29% 89%
do preferred .. 63 66
100 Sloes Bhef 8 and I 55 66 56 68
do preferred 105 115
do Ist preferred.. .... 65 65
do 2d preferred 39 40%
St L & H W 21 24
....... do preferred .. .. 56 58
9,800 Southern Pacific ..112% 111 111% 112
500 Southern Railway. 22% 22% 22% 2214
100 do preferred 6014 60% 60 6014
400 Tennessee Copper.. 26% 25% 26 26%
100 Texas Paclllc 26% 25% 26 26
Third Aye 8 8%
200 Toledo St L & W. 231 i 23% 22% 23%
do preferred ! .. 49 4914
100 Twin City R T....108 108 108 109%
Un Bag and Paper .. .. 7 9
do preferred .. 55 60
37,700 Union Pacific 16611 164 164% 165
do preferred 91 02
United Rds of 8 F .. .. 26 28
do preferred 64 66
TJ a Cast Irn Pipe .. .. 14 16%
do preferred ! .. 61 67%
U 8 Rubber 34 36%
do Ist preferred 105 10714
do 2d preferred.. .. .. 65 75
41,800 U S Steel Cor ..... 68% ' 67% 68% 68%
300 do preferred 116% 116 116 116%
100 Utah Copper 46% 45% 45 46
lOOVa-Car Chem Co.. 67% 67% 6714 68
do preferred ...., .. .. .121 125
300 Wabash IT 16% 1814 16%
l,60» do preferred 36% 35 3514 35%
Wells Fargo Ex 168 168
Western Union .. 61 63
Westlnghouse 67 68
100 W& L C :.... 6% 6% .614 6
do Ist preferred.. ..■ •.. 9 11
do 2d preferred .. .. 614 7
100 Wisconsin Central. 6214 62% 61 62%
100 Am Hide and Lea 614 6% 6% 6
1,200 do preferred 3014 29 2914 30%
Am Agr and Chem .. .. 43% 44
do preferred •• 86 100
Beth Steel 2*4 2714
100 do preferred 68 58 67% 69
....... Nat Enamel and S .. .. 15 16%
do preferred 82 98
Pac T.I and Tel ..;.. .. 81% 3614
700 Intl Harvester ... 96 »44 95% 96%
do preferred 119 19%
U S Realty 70 71%
100 West Maryland ... 43% 43% 43 4314
8.100 Ooldfleld Cons .... 8% 8% 8% 8%
Pullman .. 168 160%
Total sales, 187,200 shares. •
NEW YORK BONDS
Special service to The Herald by J. C. Wll
-son. 212 West Fifth street, Los Angeles, mem
bir New York stock exchange. Chicago- board
of trade, stock and bond exchange or San
Francisco.
NEW YORK, Sept. 2.—Following were the
closing quotations: Bid. Ask.
Atohlson gen 4s 98% 98%
Atchtion cony 4s .. :....;105% 106%
Baltimore & Ohio Ist 4a 98% 99
13 R T 4s 81% 83
Colorado Industrial 6s 72 75
U S Realty 5s 86% 87
Rock Island col 4s 72% 72%
Southern Pacific ref 4s i 93% 94
Southern Pacific col 4s 90 91
Union Pacific Ist 4s 100% 100%
Union Pacific cony 4s 104>i 106
U S Steel 6s 103% , 103%
United Railway 4s •.... 66 * TO
Wabash deb 5s • 8314 64
Western Pacific 6s 93% 93%
Japanese 4s 891 i 89%
Japanese Ist 4% 94% 94%
Japanese d 4%s 93% 94
Southern Pacific cony 4s 97% 98
Denver & R G re! Bs 91 91%
U 8 s registered .....101 101%
U S 2s coupon 101 101%
US 3s registered 101% 102%
US 3s coupon .101% 102%
U S 4s registered »5 11514
U S 4s coupon .' 115 115%
Panama 2s "I 101
Panama 1938s 101
TREASURY STATEMENT
WASHINGTON, Sept. 2.—The condition of
the treasury at the beginning of business to
day was as follows:
Trust funds—Oold coin, $890,017,669; silver
dollars, $485,685,000; silver dollars of 1890, $3,
--685,00; silver certificates outstanding,
$485,685,000.
General fund—Standard silver dollars in
General fund, 1 $06,177,672; current liabilities,
$96 477,834; working balance In treasury ot'
flees, $31,727,822; In banks to credit of treas
urer of the United Stat-s. 186,797,100; sub
sidiary silver coin. $20,359,606; minor coin,
$824,981; total balance In general fund, $90,
--347,404.
NIW YORK EXCHANGE
CHICAGO, Sept. 2.—New York exchange, 20c
discount.
CALIFORNIA DRIED FRUIT
NEW YORK, Sept. 2.—Evaporated apples
Quiet; futures steady: on the spot, fancy. Is
quoted at 10H@llc; choice. Sli®9c; prime, 8©
BV4c; common to fair, 6%@7Vic.
Prunes firm; quotations, BK@9c; for Califor
nia* up to 80-40S and »Va for Orngons.
Apricots quiet, firm: choice, 1014@lHic; extra
choice, ll!4fflHSi«c; fancy, 12@13V40;.
Peaches quiet, steady; choice, 7o; extra
choice. 6*i@7>4c; fancy, B@BV4e.
Raisins quiet. steady; loose muscatel, 3T49
B%c; choice to fancy seeded, i%(fn\<:; seedless,
4&®5V4«; London layers, *l.!0@l.».
FINANCIAL RECORD
NEW YORK. Sept. 2.—Money on call easy;
H4@2 per cent; ruling rate 1%; closing bid
11-4; offered at 1%. Time loans steady;
60 days 8*404 per cent; 90 days, 404H per
cent; six months. 4«i pep cent; prime mer
cantile paper 6%@6 per cent; sterling ex
change steady with actual business In bank
ers' bills at 4.8325®4.8345 for 60 day bills
and at 4 8660 for demartd: commercial bills
4.82 7-804.83 3-8; bar sliver, 52 7-8o; Mexi
can dollar* 44c; government bonds easy;
railroad bonds Irregular.
BRADSTREET'S BANK CLEARINGS
NEW TO UK, Sept. —Bradstreefs Bank
Clearings Report for week ending Sept. 1
shows an aggregate- of $3,393,890,000. as
against $2,470,293,000 week and $3,066,
--644,000 In the same week last year.
■New York ... $1,358,257,000 83.4
Chicago 224,400.000 7.9
Hoston I 119,302,000 12.0
Philadelphia .......... 130.170,000 2.9
St. Louts ..-.. 69,601,000 8.7
Kansas City .. 46,360,000 '3.1
Plttsburg 44.501.000 '1.8
San Francisco 40,656,000 »14.3
Baltimore 26,216,000
Cincinnati .....'.. 18,689,000 16.9
Minneapolis 21,859,000 »38.3
New Orleans .. 13,625,000 4.6
Salt Lake City ... 4,822,000 17.9
Tacoma ' 6.462.000 *6.1
Spokane- 3,679,000 10.9
Cleveland ... 18.177.000 ' ».8
Detroit 13,257.000 1.5
Omaha w 13,924.000 , «1.«
Lt» Angeles 15,084,000 .....
Seattle . 9,907,000 9.3
Denver 8,070.000 «10.0
Portland, Ore . 9,517.000 «46.7
•Per cent Increase.
BRADSTREET'S TRADE REVIEW
NEW YORK, Sept. 2.—Bradstreet'a tomorrow
will say: Best reports a* to, fall jobbing trade
will still come from the leading cities, and
there is apparent fairly ■ free movement of
staples and an appreciable Improvement in
collections In the centers feeling the Impetus
of the unexampled movement of grain to
market. At a few southern cities, too. there
Is a trifle more activity, but from southwest
ern points advices are. that early buyers have
returned home and that house trade is quieter.
There were more failures In August than in
any other preceding month since March. The
total, 934, was 8 per larger than July this
year or than in August last year, though 7
nor cent smaler than In August, 1908. Liabili
ties aggregated $11,913,679, an Increase of 42
per cent over August last year, but 6* per
cent below August. 1908. New York city has
23 per cent more failures than in August a
y<Bus?ness failures In Canada for the week
ending with Thursday last number 25, which
compares with 36 for last week and S3 In the
like week of 1909.
-■ ■» »» —
JAPAN'S RICE CROP SHORT
TOKIO, Kept. ;.—The official forecast ia
.ates th« rice crop at .06
below the avera«e.
T/>S ANGELES HERALD: SATURDAY MORNING. SEPTEMBER 3, lorn.
FINANCIAL
LOS ANGELES, Sept. 2.-Bank clearing* I
were $3,893,879.18, an Increase of $404.416.10 as
compared with the amount for the correspond. '
Ing period of last year. Following In a com
parative statement:
1910. 1903. 1908.
August 59...52.288,330.5 l $1,3R4,378.1l $1,268,3«.09
August 80... 1,823,297.05 1,676,804.07 1,265,624.88
August 81... 2.719,863.79 2,264,732.60 2.063,103.75
September 1. 2,092,076.49 2,318,133.60 1,376,602.26
September 2. 2.893,679.16 1,939,263.06 1,415,052.31
LOS ANGELES STOCK EXCHANGE
The market closed with good business, It he-
Ing the last day the exchange would be open
for this week. As was to be expected, business
was heavy and nearly every share that In usu
ally active showed trading.
Associated remained firm and. steady, with
quite a little changing hands. ' Consolidated
Midway was again the star trader of the day,
showing a 2-polnt gain In the day's business.
California Midway still showed an Inclination
to sag. but not much came out. In Mexican
common, while not so heavy as to trading as
Consolidated Midway, the gain, was fully as
much, and there seemed to be less stock In
sight than ever. Olimia Land was strong at
64. Central was In demand, Belling freely at
$1.85. Union and its affiliated Issues were
about the some as at the first of the week.
Cleveland was somewhat weaker. California
Hills was firm at the going price. •
The brokers feel that the holiday season wIH
have the effect of bringing every one back with
renewed vigor and disposition to take advan
tage of the many opportunities offered by the
present situation. *
The bond« were Quiet and the bank stocks
showed no change. The Industrials remained
about the same.
The exchange closed for Saturday, Sunday
and Z\ >nriay.
MORNING SALES
10 Home Tel pfd 36; 10 Associated Oil 40.37%;
10 do 40.25; 10 do 40.12%; 1000 Cal Midway 49;
1000 do, B. 80, 50%; 1000 Consol Midway 26%;
2000 do 26%; 1000 do 26%; 1000 do 27; 1000 do Zihi;
8000 do 27>,i: 4600 do 27%; 8000 do 27%: 4000 do
27%; 4000 do 27%; 4000 do 28; 1000 do 28%; 2OGO
com 26.62%; 10 do 25.75; 10 do 26; 1000 Ollnda
Land (Oil) 64; 100 Central 1.85; 4 Union Prov
Co 03.60; 2 do 68.62%; 2 do 68.75.
' AFTERNOON SALES
30 Associated Oil Co 40; 2000 Cal Midway 49;
3000 Consol Midway 27%; 2000 do 27%; 1000 do
27%; 2000 do 27%; 1000 do 27%; 1000 do, . 30,
28; 2000 Cleveland 12%; 2000 Central 1.85; 20 Mcx
P Ltd com 26; 20 do 25.75; 10 do 25.87%; 1000
Olinda Land (Oil) 63; 10 Union 101.26; 600 Enos
011 1.27.
Off board—looo Ollnda Land 63%.
BONUS
.. Bid. Asked
AmerlcanPetroleum Co SO SO
Associated Oil Co 94% 95%
Corona City Water Co 98
Corona Power and W Co 99 104
Cucamonga Water Co 92
Edison El Co Ist n 103
Edison Glee Co old Issue 103 108
Home Telephone Co 83 84
Home Tel Co Ist rfdg 67% 70,
liuasteca Pipe Line 100
L A Pac Ist cor mtgs 104%
Li A Pac Ry gen con 101
L A Pac Ry Ist rfdg " .. 98
L A Traction Co 6s 103 111)
L A Traction Co 5s 101 106
Mexican Nat'l Gas Co 100
-Mission Tram and R Co 97% ..
Pac Elec Ry Co 100
Pacific Light and Power C 0.... 96 100
Pasadena Home T and '•" C 0.... ' .. 80
Pcmona Con Water Co .. 102%,
Santa Monica Bay II T Co 80
Santa Monica H T and T C 0.... i. 73%
San Diego H T and T Ist ratga .. 80
Temescal Water Co 99
Union Transportation Co 90 92%
O S Long Dlst T and T Co 75
Vlsalla Water Co 97% . ..
Whittier Home T and T Co 70 90
BANK STOCKS
- Bid. Asked
Ail Night and Day Bank 42.00, 100.00
Bank of Southern California 90.00
Broadway Bank and Trust ....150.00 175.00
Cal Savings Bank 115.00
Central National Bank 180.00
Citizens National 200.00 230.00
Commercial National 150.00
Equitable Savings Banks 200.00
Farmers and Merchants Nat' 1 ..270.00
Federal Bank of L A I 1!.50
First National , 486.00 .....
German American Savings 837.50
Globe Savings Bank 120.00
Home Savings Bank of L A 116.00
Merchants National 660.00
Merchants Bank and Tru<t Co 166.00
National Bank of California ..190.00
National Bank of Commerce.... 106.00
8' arity Savings Bank 300.00 875.00
The Southern Trust Co 60.00 75.p0
(50 per cent paid up'
INDUSTRIAL AND PUBLIC TTTtLITIEII
Bid. Asked.
Cal Portland Cement Co 81.00
Edison Electric rfd $0.00
l&llHon Electric com 49.00 . 64.50
Hawaiian Com and Sugar 41.00
Home Telephone pfd 35.76 36.60
Home Telephone com 4.75
Hutchlnson S P Co 17.00 19.00
L A Athletic Cl-b 10.00
L A Brewing Co 100.00
L A Investment Co 3.15
Mexican Nat'l Gas com 17.00 38.00
Paauhau S P C* 86.00 28.00
Pac Mutual Life Insurance Co. .260.00
Pac Con Stone Co of Cal 6.07%
Pasadena Home T and T Co 35.00 .
Riverside Home T and T Co 22.00
San Diego Home T & T Co.. IT.
Santa Monica B H T pfd 18.50
Sun Drug Co 1.00
(-■-aside Water Co 100.
Title a and Trust Co pfd 275.00 .....
Title I and Trust Cj pfd 176.09
""'tie I and Trust Co com 176.00
Title I —>d Trust ser C 176.00
U B L D T & T Co pfd 20.00 35.00
Union Security Corp pfd 100.00
Union Trust Co 29.00 36.00
Whlttler Home, T and T Co . 80.0»
OIL STOCKS
PRODUCERS— V Rid. Asked.
Amalgamated Oil 49.00 62.00 .
American Crude Oil Co .98
American Pet Co ptd 95.00
American Pet Co com 61.00 64.00
Associated OH, 89.874 40.124
California Midway Oil Co 49 .60
Central 1.84
Cleveland Oil Co 11% .13%
Coaling-a Central Oil Co .76
Consolidated Midway OH Co 274 .27%
Continental Oil .....: • .55
Knos Oil Co 1.28% ..'...
Euclid OH Co .65
Globe' 07 .15
Jade Oil Co 30 ' .35
Mexican Pet Ltd pfd 66.00
MexlcanPet Ltd com 25.876% 26.25
Mascot Oil Co 2.16
New Pennsyl Pet Co „. 81
Ollnda Land Co (Oil) .....' 60
Palmer Oil Co 1.45 . 1.51
Perseus Oil C 0.... .S3
Pinal Oil Co 10.00
Plru Oil and L C 0..... 17
Rice Ranch Oil Co .' 1.00
Section Six OH Co I .60
Trader's Oil Co 68.00 100.00
Union , 101.00 101.50
Union Provident Co 99.00 101.00
United Petroleum 104.00
West Coast Oil c0m....' 9.00
Yellowstone Oil Co 100.00
Yellowstone Oil Co 17
NON-PRODUCERS- ......
Oleum Development Co ".. , .04% „,' .05%
DAILY MINING CALL .. * •'
Morning aales-1000 California Hills 6%; 1000
do 6%. ♦ -„■'"'.
Afternoon sales— Bonnie Clare 6; 4000
Bullfrog Alliance 6.00 M. .
LISTED STOCKS
CALIFORNIA—. • Bid. Asked.
Cal Hills M Co .'. .06
Consolidated Mines Co 7.00 M .01
NEVADA—
Guldfleld Con Mines 8.15
Searchlight Parallel .01
SUGAR An'o COFFEE
NEW YORK, flept. 2.--Coffee closed steady
net unchanged to 6 polnta higher. Bales were
reported of 48.750 bags. Closing bid: Septem
ber, 7.86 c: October, Sc; November, 8.06 c; De
cember, 8.10 c; January, B.ltc; February, 8.17u;
March. 821 c; April. 8.22 c; May, 8.i!«c; June,
S.-6e; July, 8.26 c; August, 8.26 c.
Spot coffee firm; Klo No. 7. 10010^0! Santos
No. 4, lO'/sC Mild coffee firm; Cordova, 10(tf
13c.
Haw augar nominal; Muscovado, 69 tent, 3.92 c;
centrifugal. !W test. 4.42 c: molasses subar, 89
test, 3.67 c: refined quiet; crushed, 6.95 c; gran
ulated, 6.36 c; powdered, 6.36 c.
SAN FRANCISCO STOCK
AND BOND EXCHANGE
. Special servlc* to Th» Herald by J. C
Wilson. !12 West Fifth street. Los Angeles,
member New York Stock exchange, Chicago
Board of Trade. Stock and Bond exchange
of San Francisco.
BAN" FRANCISCO, Sept. S.—Following were
the closing quotations today:
MISCELLANEOUS Bid. Ask
Alameda Artesian W Co 6s 100
Associated OH Co 6s 90%
Bay Counties Power Co 5s 104%
Cal Central Gas and Eleo 6s 100
Cal Gas and Elec gen M&CT 65.. 99% 100%
California St Cable Co 5s 100
California Wine Assn 5s 89%
City Electric Co 6s 88 85
Contra Costa Water Co 6s 99
do gen mtg 5s 93% 95
liaison Elec Co of L A 6s 102
Edison Light and Power 6s 107 ..
First Fenoral Trust Co 6s 101
Ferries and Cliff House Ry 6s I^o
Hawaiian Coml and S 6s ms 107
Honolulu H T and L Co 6s 104%
I Lake Tahoo Ry and T Co 6s 98
Los Angeles Gas »nd El Co 6s 95%
Los Angeles Railway 6s 106
Los Angfeles Lighting gd 5s 110
Li A Pac R R Ist con mUs 6s 103%
I, A Pac II R of Cal 6s 102%
Marln Water and Power Co 6s 100%
Market Street Cable 6s 104&
do Ry l«t cons mtg 6s 90%
Northern Ry Co of Cal 6s 112%
Northern Cal Railway 5s 101 105
•Northern Cal Power Co 6s 100 ins
Northern Electric Co Bs 90
Oakland Gas Light and H 6s 102
Oakland Transit Co 6a 107%
Oakland Transit 6s 10314
Oakland Transit Con os 104
Oakland Traction Con 6s ' 103%
Oakland Traction Co 5s L.... 90% ..
Oakland Water Co gtd 5s 96%
Omnibus Cable Railway 6s 106
Pacific Gas Imp 4s 80 87%
Pacific Electric Ry Co 5s 1046 104%
Pacific Light and Power Co Bs 98%
Pac Light and Power gtd 5s 99%
Pacific Tel and Tel Co Bs 88
Park and Cliff House Ry 6s 100
Park and Ocean R R 6s 100 ..
People's Water Co 6s 64 65
Powell Street Railway 6a 102%
Sacramento Elec Qas and Ry 65....101%
8 F Oak and San Jose Ry 6s 104 104%
do 2d mtg Cs 96%
S F Oak and S J Con Ry 5s »6
S J and Santa Clara Co R R 4%5.. .. 90
Sierra Ry of Cal 6s 109%
S P R R of Cal 6s 1912 104% ..
do Ist c gtd g 6s "6
S P Branch Ry of Cal 6» 124 120
S P R R Co Ist rflß 4s 94%
Stockton Gas and El Corp 6s 104
S V Water Co gen Mtg 4s 90% 90%
United Gas and Elec Co 6s 99 101
United R R of S F 4s 67% 68%
Valley Counties Power Co 6s 99%
WATEi. STOCKS—
Spring Valley Water Co 49% 60
GAS AND ELECTRIC STOCKS—
City Electric Co *W 61
N Cal Power Co Con 64
Paclflo Lighting Corp pfd 76 .. ■
do common ■•• 67% ••
INSURANCE STOCKS—
California Insurance Co 76
Fireman's Fund 235 ..
STRTET RAILROAD STOCKS—
California I*>
Presidio 5 32%
POWDER STOCKS-
Giant Consolidated Co 82% 84%
SUGAR STOCKS—
Hawaiian Coml and Sugar Co 40% „:
Honokaa Sugar Co 18%
Hutchinaon Sugar Plantation 17% 18
KUnuca Sugar Plantation Co 12
Makawell Sugar Co 57% 89
Onomea Sugar Co 48Vi
Paauhau S P Co 27% 25%
Union Sugar Co „ 75%
OIL STOCKS—
Amalgamated OH Co '. 60
Associated Oil Co 60%
Sterling Oil and Dcv Co 2% ' ..
MISCELLANEOUS STOCKS—
Alaska Packers' Association 88% 89
Cal Fruit Canners" Association ...101
Cal Wine Association 32% 83
Pac Auxiliary Fire Alarm 6
Paciflc Coast Borax Co 155
Pac Tel and Tel pfd 93% 94
do common 32 35
Morning sales—looo Pac Tel 5s 97%; 3000 So
Pac ref 4s 94%; 3000 Spring V Water 4s 90%;
1000 People's Water Co 5s 64; 45 Alaska 88%;
10 Cal Wine Association 32%; 250 Hawaiian
Bug 40M; 25, Paauhau 27%; 225 Spring Valley
Water 49%. |
Afternoon sales—lo,ooo Pac Elec 5s 104%; 2000
Spring V Water Oo 4s 90%; 6000 Key Route
r.s 104%; 2090 People's Water 's 64; 50 City Elec
49%; 40 Hawaiian 40%; 300 Onomea 48%; 10 Pao
Tel pfd 94; 25 Spring V Water 49%.
CHICAGO GRAIN
Special service to The Herald by J. C. Wll
6on, 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, Sept. 12.— extremely narrow
market with values ranging higher than yes
terday's close was Been In wheat today. Gen
eral trade limited In volume, but sentiment
much mixed and traders generally nervous.
Foreign markets, particularly continental, con
siderably higher, but exporters report prospect
of business even poorer than yesterday. Nev
ertheless, a small Int. 16,000 bushels, was sold
from Chicago to Hamburg at a special low
ocean freight rate that could not be dupli
cated. September wheat has been relatively
higher than other months today, both here and
elsewhere, and this Rave the longs much en
couragement. No demand worth mention for
ca/.i wheat here. Russian cable news was not
as favorable as yesterday. Argentine rains of
yesterday reported today as only sectional and
did not entirely break drought. Some Import
ant sections untouched.
Corn was a. dull, narrow affair all day.
prices averaged higher early with wheat, but
ranged backward later to about yesterday's
cloning. • Shipping demand not much better
than yesterday, with sales reported at 160,000
bushels. The weather Is slowly warming up,
but Is mainly cool, unsettled and showery pres
ent and forecasted for most of the belt.
Oats followed corn. Trade relatively lower.
Shorts early buyers, also some commission
demand for scattered Investors. Cash concerns
supplied offerings. Yesterday's report of ex
ports positively denied today. Th« advance
also also shut oft shipping demand.
Provision market was a narrow affair and
principally In the hands of packers. Some of
the latter bought early and advanced prices.
Foreign houses sold a little lard.
MARKET RANGES
WHEAT— Open. High. Low. Close.
September I .98% * .99% » -9874 $ .99%
December 1.03% 1.04H 103% 1-03%
May. 1.09% 1.09% . 1.09U 1.09%
CORN— .59% -89% .B9V« .69%
September 5»<4 -69T4 M* MH
December ..'. 57% .58 .67% .57%
May ..:.. 60 .60% .60 . .60%
September ........ It* .Jjjl '«* •33
December 36% .36% .86% .36*
May »> .40 .39% .39%
September 20.95 21.0214 20.90 20.95
October 20.77% »."tt SO" 1-* 20.«0
January 18.52% 18.62% 18.62% 18.60
Se^tembw 11-95 12.07% H.M 12.07%
October M.<mj 12.10 12.05 12.10
January 10.67V9 10.67% 10.65 10.67%
RIBS '
September 12.10 12.12% 12.0214 12.05
October ... ».87% 11.97% 11.80 11.87%
January 9.70 9.72% 9.67% 9.70
Cash quotations were as follows:
Flour—Steady; No. 2 rye, 73%®74c; feed or
mixing barley, old, 65®D8c; fair to choice
malting, new. 69®>71c; flax seed, No. 1 «outh
western 12 41%; No. 1 northwestern, $2.50%;
timothy' seed, $7.3008.50; clover, $9.00@14.60;
meas pork, per bbl., $21.50®21.75; lard, per 100
lbs 112.07%; short ribs, sides (loose). »11.50<g>
12. 12%:- short clear sides (boxed), $12.37%® 12.50.
Total clearances of wheat and flour were
equal to 179.000 bushels. Exports for the week,
an shown by Brad»tr«ef», were equal to 1,
--924,000 bushels. Primary receipts were $1,207,
--000 bushels, compared with 1,007,000 bushels
the corresponding day a year ago. Estimated
receipts for tomorrow: Wheat, 113 cars; corn,
663 cars: oats, 294 cars; hogs, 9000 head.
Dally movement of produce:
Articles— Receipts. Shipments.
Flour, barrel ,25.900 19.800
Wheat, bushel. 114000 164,000
Corn, bushels 537,500 102,400
62™. bushel 435.600 V 65,300
Rye. bushels 2,000
Barley, busheU • 28,600
—m m »
BUTTER, EGGS AND CHEESE
SAN FRANCISCO. Kept. 2— Butter— Fancy
creamery, . Sttjc; seconds, 30' kc; fancy dairy,
" Cheose-Nnw, 14ei5V«c; Young America,
166217 c.
CHICAGO, Sept. a.-Butter-Flrm; . cream
eries. 84W®29'/4o; dairies, 23®270.
Steady; receipts 6613; at mark, oases
included, l«@17o; firsts. 20c; prime nrsts. 22c.
Ch« eM LFlrm: Daisies. 16«W14o; Twins,
15«©15V4e: Young America. WVi®W%o; Long
Horns. W©l««o.
EGGS UP ANOTHER CENT
DUE TO LIGHTER SUPPLY
Active Trading in Cheese-Fruit
Prices Go a Notch
Higher
Fluctuations In eggs command the at
tention of dealers In tho croduce market
these days. Yesterday there was another
advance in lorai eggs, lc a dozen, and east
ern fresh wen marked u;> «c to 21
while storage seconds got a boost of lc. It
Is believed Iheao prices will stand for a few
days at least.
Cheese was active on the nelllnc list.
Butter steady; onions weak, ami potatoes
firm at present quotations.
Cantaloupe prices took a sharp advance,
going to |8.50©4 per crate. Demand has
Increased with the continued warm weather
and the crop Is practically exhai.
Watermelons wire Hun at unchanKed
prices. Demand was strong for all other
kinds of fruit; prices were steady.
The market was well supplied with all
kinds of fish except barracuda.
Produce receipts—Eggs. 107 cases; butter.
16,377 pounds; chese, 41,477 pounds; onions,
300 sacks; sweet potatoes, 3D sacks; apples,
4247 boxes.
FItODUCE PRICES
Fol.owlng are ihe wholesale Ices of pro
duce to retailers as compiled r the Markei
Reporter:
EGOS —(Per dnzen) Local ranch, candled.
38c; do case count, buying price, 34c; east
ern fresh, 32c; eastern storage, extras, 28@
30c; eastern storage secondx, 2Cc.
BUTTER—(I'er lb.) California creamery,
extra, UMe; do, firsts, 31c; cooking. 25c;
ladle, 230.
CHEESE—(Per lb.) Northern fresh, nit
17V4c; large Anchor, 18c; Oregon Daisy, 19c;
singles, 19c; eastern Twins, 18Vj4H3c; east
ern Daisies, lOfclSWc; Long Horns. 19Hc;
eastern Cheddars, 20c; Imported Swiss, 3uc;
Jack, 18c; domestic Swiss, 23rg:5c; cream
brick. 19c; Umburger, 20c; Roquefort, 38c;
Edam. $8.50ft<9; Canadian cream, box. 11.
BEANS—No. 1 pink, 16.75; No. 1
limas, }4.75}i)5; No. 1 L. Washington, $4.50;
No. 1 small whites, $4.50; No. 1 blackeyes,
$5.00; No. 1 Qarvanzas, J4.50; No. 1 Califor
nia lentils, $7.00.
POTATOES —Highlands, cwt., $1.4001.50;
local Burbanks, J1.50; Salinas, $1.65; yellow
sweets, $;.85@2.00.
ONIONS—LocaI yellow Danvers, crates.
$1.50; northern yellow Danvers, cwt.
$1.35181.50; northern yellow Danvers, cwt.
$1.50; k'eal sllverskins. lug, 90c; do swt. $3;
local Browns. $1.50; garlic, 6c lb.
FRESH FRUITS —Apples. Alexanders. 4
tier, $1.65; Oravensteins, 4-tler, $1.60; 4^4-tr.
$1.00; cruh apples. 3c lb; Belletleur,
4-tier box, $1.25.
BERRIES—(Per basket). Strawberries,
6&7 c; raspherrles, 7c; blackberries, 7@BC.
CITRl'd FKI'ITS —Grapefruit, seedless, $3
@3.50; do seedlings, $2.25; lemons. $4.00@6;
Valencia oranges, $3.00<3>4.00.
TROPICAL KRT'ITS—(Per Ih.) Bananas.
4&4Hc; do red, 6c; Fard dates, 10® 14c;
do Golden, TvTVsc; alligator pears, doi,
$3.50 34.50.
MISCELLANEnT'SS —Cantaloupes, cabbage
crates, local, $3.50® 4; grapes, lug box, 66c;
nectarines, crate, $1.35; peaches, box, $1.00
0)125; Bartlett pears, box, $1.75; plums,
lug box, $I.2s 'it 1.50; quinces, box, ?1; figs,
$1.25 box; casabas. crate, $1.505f1."5, Tokay
grapes, lug box, $1.25fi1.50.
VEGETABLES—Northern artichokes, doz.
90c@$l; bell peppers, lug, 50c; beets, doz.
bunches. 25c; string beans, 3@7c; do lima,
7c; green cabbage. 51.50 sack; red, 3c lb;
carrots, 26c doz. bunches; cauliflower, $1.60
crate, celery, 60®70c doz; cucumbers, box 25
STSOc- green corn, 60c box; corn hußks. 10c;
egg plant, 4@oc lb; horseradish, 25c lb; okra
2<S>4c lb; lettuce, $1 crate; peas, 7c lb; pars
ley 20a>25c doz; crimson winter rhubarb,
75c'@$l; do northern strawberry, $1.25 box;
spinach, 15c doz; summer squash. 23c lug;
young onions. 20c doz; turnips, 25c doz.
ounches; tomatoes, 4O@eoc; asparagus,
arreen, 15c doz.
DRIED FRUITS —Evaporated apples, IK
B\ic; apricots, lb., 12c; loose white figs, boi.
$1.50; do black, $1.35; peaches, lb., 7c; peari,
lb Biai2c: nectarines, lb., B@loc.
PRUNES—3O-408, 10c; 40-609, 9c: 80-60s, 8c;
60-708, 7Vic; 70-8t 1, 7c; 80-90s, 6%c; 80-lOOs, sc.
RAISINS (Mnscatels) —2-crown. loose, 60
--lb. box, lb. 3c; 3-crown, do, 4c; 4-crown, d»,
c c . London layers, 2-crown, 20-lb. box, $1.10;
do, 3-crown. $1.25; do, 4-crown. $1.50; Sul
tanas, bleached, lb. 7c; do unbleached, 3V4c;
seeded raisins. 16-01. pkg. 6ft®7c; do 12
--oz. pkg. 6 'A,® 6c.
NUTS (Per lb.) Fancy almonds, IXI,
17" brazils, 14c; cocoanuts. 90c; rtlberti/,
14c"; pecans, XX. ISc; do XXX 17c; d»
XXXX 16c; eastern peanuts, 7V,c; do Japan
tu c . pinenuts, 20c; No. 1 walnuts, assn. 15c;
do, budded, 17c; eastern popcorn, cwt. $3.50;
do local. $3.50.
BICE (Per 100 lbs.) Fancy Honduras,
Caiollna $6 75; choice Honduras, Carolina,
$6@«.60;' Japan grades, »3.76®4; island rice,
$5 50; broken. $3.50.
HONEY (Per lb.) Extracted, water white
Biu9'.4c; do white, 9c; do light amber, 7%0;
comb, water white, 18c; do light amber, 16c;
beeswax, lb., 30c.
LIVESTOCK—Packers pay t. o. b. Los An
eeles for beef steers. s@sHo: beef heifers,
4HO 6c; beef calves, iW@«o; mutton,
wethers $5.60@6; mutton, ewes, $595.60;
mutton. lambs, $3.60^3.75; hogs, lie.
POULTRY—(Per lb.) Live turkeys. 26<3
86c; large hens, 4 lbs. up, 25c; small hens,
2W to 3H lbs. 16c; broilers. Ito IV4 lbs.
19c- friers IV4 to 3 lbs., 16c; roast chlcnen,
17c; ducks, 14c; grcese, lie; old roosters,
lc;' squabs dozen. $1.60.
CHILI— Evaporated, strings. ID., 2«e; ao,
louse, 22c; Mexican black. 26c; green. 5o;
Cliill teplns, OUc. ground, Be.
HA Y (Baled.) The following quotations
are furnished by the Los Angeles Hay Stor
age Co. Barley, $12.50@14.50; tame oat,
hay, per ton. $143>16.50; alfalfa, ton, $18.50
©14 50; wheat hay, $14@16.
MILL FEED —Bran. $1.55; whole corn,
I1.S0; cracked corn. $1.85; feed meal. $1.90;
rolled barley, $1.25; oil cake meal, $2.60;
snorts. $180^ Kaffir corn, $1.76; white oats.
1190- red oats, eastern. $2.25; wheat, orl
»inal sicks, cwt. $190; wheat. 100-lb. lacks.
$1.9 J.
FLOUR AND FEED
jToiiowlrir are the wholesale prices on flour
anTCd furnished by the Los Angeles Farm-
Ing and Milling company:
XXXX Standard, blended, per bbl $".00
Purity • '"
Our Prlda I™
A Ftoi/in S 'He per '*&' higher " XXXX
Is stalled at II. U per 14 sack; 90c per % »atk.
MEALS AND -EREAL GOODS
-6a Bale*, Hs %s
Graham flour 13.40 »3.20 $3.15 $3.10
Entire wheat flour 8.60 3.20 3.25 3.20
Rye flour 3.80 B.UO 3.55 8.60
Rye meal -» 3.80 8.60 8.65 8.60
Corn meal. Y. * V.' 2.80 2.60 2.66 2.60
Oatmeal, steel cut 5.70 6.60 5.45 8.40
Hominy, large and small 4.10 3.90 8.85 l.jrt
Farina 4.00 8.80 8.75 3°
Cracked wheat 4.00 3.80 8.75 8.70
XXXX pastry. In bales »3.50@3.30
XXXX family, in bales 3.7003.50
Rolled wheat, bbl. 125 lbs 14.51)
Rollou wheat, sacks, 75 lbs., per sack 2.50
Rolled wheat, sacks. W lbs., per sack 1.70
. 100 lbs.
Alfalfa meal »■••
Bone, granulated »■]>»
Bone meal 3.00
XXXX beef scraps »-l«
Bran 1.60
Kolloil barley l-»
Charcoal • 21U
XXXX chick feed I.M
Per bale, 20 6-lb. bags » 8.30
Per baH of, 70 10-lb. bags 3.10
Corn, eastern mixed 1-80
Eastern white 1-85
Yellow dent 1-85
Cracked 1-75
Email yellow •'•• l-»
Feed meal »-«•»
White Egyptian 1-80
--XXX dry mash (a superior egg food)
per 80-lb. sack ■. 2.15
One, ganite 75
OH cake meal 2.76
Oats, extra quality white feed 1.85
Shell. California clam "
XXXX special dry scratch food 1.10
Shorts 1-76
Wheat ».' I-80
100-lb. sack I-8*
Cracked, 100-lb. sack 2-0*
COTTON AND WOOL
ST. LOUIS, Sept. B.—Wool unchanged; me
dium grades combing and clothing, U04o; light
fine; l»g<.lc; heavy fine, IS©I7OI tub washed.
SK&.33C.
, NEW YORK, Sept. 2.—Cotton closed steady,
41 to 43 points net lower.
Spot closed quiet, 60 points lower; middling
uplands, 15c; middling gulf, 15.26 c. Sales. 809
Futures closed steady. Closlnir bids: Sep
tember, t3.a«c; October, «.8»oi November and
December. U.34c; January. 13.83 c; Fobruary.
|13.33 ci Marc i, 13.40 c; May, 13.460! June, 13.430;
| July, 13.43 c. >
, ir.t Kxr.,,-iv. I Los Angeles. Office 1 n JK?mi,
wire £w*. i Hotel Alexandria | M "ln flooa
nwiiii—■—■— 212 West Fifth Street K^mm^mm-;
Francisco I C WILSON "
Mills Bldg. Jl VI fIILWUII t During
Palace Hotel b. G. LATHROP, Manager Winter
-, - ■
■u/..,..... ..-., , r ■ CorrefiK>ndent« exßsanßarßEtOßa
3«O Harris, Winthrop & Co. I a*SrSL*
Exrhnn K r. I New York. Chicago. I'arls. Tendon. | of Trade
CLEARING HOUSE BANKS
__ , „, . ,t» »v- H. HOLUDAY, President.
Rnerchams National iianlc hhas. greene. caahier.
M. „ , H. HOLLIDATf, Prealdenu
erchants National .Bank chas. orekne, caahier.
Capita:, $200,000.
If I . E. corner Third and Bprtn«. Burplua and Undivided Profit-.. $m.M9.
N. t-. i 7~i^~T77^iZ J. B. FISHBUHN, President.
ational Bank of Calitornia , t . Bi McKEE , cashfer.
N Capital. $600,000. -
II N. E. eorn«r Fourth and Sprint;. Burplii!i and Undivided Profits. W30.0M-.
I, ! , „ '. B. P. ZOMBRO, President,
lentral National Bank james p. gist, cashier.
" Capital. $300,000. - ■ „.
U g. g. comer Fourth and Broadway. Surplus an.l Undivided Profits. tUi,<K*.
Broadway Bank & Trust Company a. w. V.edma'n. cashier,
rapltal, 12E1.100. .„,»«.
TOS-SIA rTonflv , 7 , Bradbury building. Surplus and Undivided Profits, $247.000.
1 """ _ . (RATAS W HKLLMAN, Pre«ldenv
United States National Bank f. w. smith, cashier.
I Capital. $200,000.
U a m corner Main and Commercial. Surplus and Profits. $73.000.
Citizens National Bank S^afSS^"
U 8. W. corner VhiM *»* Main. , S»rplu,, 00.000. __
: ' — ~ W. A. BONVNOK, President.
ftommercial National BanK newm .nessick.c,n..r.
Commercial National BanK = ■ j K«Bat c-h,.,.
U r in comer Fourth. Surplus *: Undivided Prodta. $<T,W»»».
Farmers & Merchants National Bank Ij^S^S^ CMhl* '
Surplus* an'-. Profits. $1,900.000.
Pint National Bank S^SSSSS?^
I 8. K. corner Eeonr.d an<i Sprtn,. Surplus and Profits. $l.«B.0W.
LOS ANGELES SAVINGS PANICS
Largest and Oldest in the Southwest
Resource, $29,000,000.00
P.,. the tljM rate, of lnt.r«t -* °* th. m"* "ber*l term* IUl'"1 •«
•«and, coneerr«tiv» banklnr. Equipped Safe Deposit and Storage
Largest and Best Equipped Safe Deposit and Storage
Vaults in the Southwest.
Security Building Spring and Fifth Street, J
Mmmmmm bank
'm^a^ m THE. BANK WITH TH£ ■"■^HJ*
Jr EFFICIENT SEJ*VIC£\^ ■ '
if SPRING AN* FOURTH JTS» »
iTt'nxTpac "" ■• °- r°*' r SADDLERY
HARNESS «15 N. Lo« An»ele« rtn*. .J "*^
FRUIT MARKET
SAN FRANCISCO, Sept. 2.-Apples-Com
™errleSrawberrie. *■«**■»>. M*""*
Ties, $4.00@7.00; raspberries. »«-°o<§! ( lo^u.,
Grapes-Ordinary, »40@60c; Muscat. 40@«5e.
Pears-Common, 60c; fancy, $1.00.
—Common, 65c; fancy, 76c.
Common, 40c; fancy, 85c.
Oranges—Valenclas, J2.50@4.00. •
Mexican ltmes-$6.00@6.50.
Lemons-Common California, *2.B0; fancy,
'sMelons-Watermelons. $1.00@2.00; nutmegs,
B0c@»1.00; fancy cantaloupes, 13.26; common,
fnilts-Benanas, 7Sc®*3.oo; pine
apples, »2.00®2.50.
DUN'S WEEKLY LETTER
NEW YORK, Sept. -Dun's tomorrow wtll
gay: Though there has been no pronounced
Singe in business conditions, while a quiet
conservatism still prevails, yet the movement
In most departments of trade and Industry
indicative of Increased confidence and wider
actlvitv aa the fall drawn near. The week's
inVorovomont in lion and steel Is Indeed quite
Zweft" heavier demand for pi. Iron being
esneclally a proof of Improved conditions.
IPn the dry goods trade, notwithstanding he
attitude of Idle cotton spindles, due to the
high cost of production, there appears to be a
better distribution of merchandise. The hde
mi rket Is also more active. Wool remains
™,'yquiet. Statistics of bank clearings for
August revealed at once the speculative dull
ness and the fact of a heavy movement of
Pr C™ad earnings In three weeks of August
Increased 6.1 per cent. The most striking event
of tne week was an advance In August cotton
the cotton condition considerably better than
ast "ear, with a larger acreage. Tha condi
tion Is, however, under that of last month.
PACIFIC COAST TRADE
SAN FRANCISCO, Sept. *-™u'T£«7£?
extras, 55.80WM; takers' extras. *8.50@6.20.
Oregon and Washing ton %.<*?*■<*>■
~t^«c^rb 6rew,n. «.«*
"(?ats-Red. lUOei*: "hlte. J1.60@1.63:
blMillstu^MMdllng.. »3=.00®3 5 .00; mixed
CmS. W6VMOM.W; r«"ed barley, »22 00523.50;
oatmeal? $360; oat groats. *4.26; rolled o^ts.
ISOnIIISO- oat. wild. *6.50©9.00; do tame,
Slews w as!
PotaU^B-Kalinas Burbanks, ».««1.4B; Mer
ced sweets. 2@!V4c. —
Onions— Fancy, 85c; common, 75c.
Var°ous-Oreen peas. 3®6c; string beans,
v ,,: .■■ egg Plant. 40@50c; green pepper". Jo@.-1c;
tomatowk 40i»75c; summer squash, 40@50c; as
p'";l-;,h, nominal; garlic. 2V,@3V4c; cucumbers,
35 pou Cltrv-Roosters, old. *5.00®5.50; do youns,
tuZtUMi broilers, small. $3.2503.00; do larK-.
J\ fryers, t4.00@5.00; hens. »uj,
ducks old J4.50©5.00; do young, |5.fl
geese ll.soVf! wTgoillngs. $2.00ff12.50; pH.««».
young, ♦1.M01.75.
METAL MARKETS
NEW YORK. Sept. 2.-Standard copper easy;
pot September and October $12.15013.25 No
vember $13.20@13.80, and December, j;3.255>
U™ London torn; spot, £„, 7s «d: futures.
£56 ss. Arrivals reported at New York today,
200 tons; custom house returns show exports of
1036 tons so far this month. Local dea «rs re
port a quiet market. Lake copper, J^-fJj®
13; electrolytic, J13.62W@12.73; cttstln*. 111*0
"•On easy; spot, J35.50®35.4'); September. 35|
s§ £t.
430 Kast Bt Leu!a> London epot. £13 los
Sreiwr -teaay; spot, J5.35H®«.50 Now York;
|5.02 V*©6.lo East Bt. Louis. London spot,
£lron,'cieveland warrants. 49.4 4Hd lii Tendon ;
Locally quiet; No. 1 foundry northern, $16®
16D0; No. 2 northern. *15.80@lS; No 1 south
(cm and No. 1 southern soft, 15.75816.25.
PETROLEUM PRICES REDUCED
..NEW YORK. Sept. —The Standard Oil
company today announced a reduction of 15
point* lv all grades o£ refined petroleum.
?H We Guarantee A %
f satisfaction In every
»r department. Our snv-
Ings department has grown so V
rapidly we have found It neces-
X ear? to double our service at the fa
D rush hours. Our commercial de- *9
ff partment Is a boon to business ea
M people. liet na know any way h
R that out service can be bettered. jh
n «'<• will appreciate it. gj
»LTUDt*Y3 i PWDr\Y3 ©«!»!. 7^^^ :I
jg^ tor 9. SrJWV.
i ■
BOARD ISSUES REPORT
ON COTTON CONDITIONS
WASHINGTON, Sept. 2.—The crop reporting
board of the department of agriculture esti
mates that the average condition of the cotton
crop on August 25 was 72.1 per cent of a nor
mal, as compared with 75.5 on July 26, 1900,
63.7 on August 25, 1909; 76.1 on August 25, 1908,
and 73.1 the average of the last ten years on.
August 25. Comparisons of conditions in four
western states and the nation on August 25
follow:
10-year
States— 1310. 1909. average,
Texas 69 59 69
Arkansas 78 60 . 73
Oklahoma 85 68 76
California 95
United States 73.1 63.T 73.1
* « »
NEW YORK COTTON
Special service to The Herald by J. C. Wl*
ten, 2;-> West Fifth street. Los Angelas.
NEW YORK, Sept. 2.—Today's first cotton
prices showed slight recessions. Upon the pub
lication of the government crop report at 13
o'clock showing the condition as being 72.1, the
market reacted somewhat, but rallied slowly
in the afternoon. This condition was about as
expected, and as a matter of fact failed to
have any appreciable effect. The finals were
generally slightly lower than last night's.
Quotations ranged as follows: —Close-
Open. High. Low. Bid. Ask.
January 13.35 13.39 13.25 13.33 13.
February 13.33 13.35
March 13.44 IS. 13. 18.
May 13.49 13. 13.43 18.48 13.4T
June 13-« 13.47
July 13.43 13.48
September 13.98 14.00 13.82 13.88 13.57
October 13.44 13.47 13.35 13.38 13.39
November 13.33 13.34 13.31 13.34 13.85
Dec»mber 13.35 13.40 13.27 13.34 13.33
Spot cotton, 15c; quiet, 60 points lower.
Liverpool cotton closed Quiet, 614t0 914 points
lower.
CHICAGO LIVE STOCK
CHICAGO. Sept. 2.—Receipts esti
mated at 2500: market steady; beeves, J4.9OJP
5.40; Texas steers, $3.7698.00; western steer*,
14 50@7.25; Btockera and feeders. $4.10®>i.::3:
cows and heifers, J3.60Jf5.60; calves. $T.00#9 '"■
Hogs—Receipts estimated at 11,000; market
steady to 5 lower: light, $9.0609.65; mtied,
JS6S'gS.S3; heavy, [e-mail]; rough, $8.50 75;
pood to OhOlOe heavy, J8.75<39.30; pigs, JS.6SSJ
9.60; bulk of sales. J3.55@9.20.
Sheep—Receipts estimated at 15.000: market
steady; native, $2.1504.70; western, J3.00W4.70;
yearling. $4.T80«.75; lambs, native, $5.0tt»7.1U;
western, J5.00@7.00.
SCHOOL PICNIC AT VENICE
OCEAN PARK, Sept. 2.-Teachers
and pupils of the Ocean Park school
picnicked at Venice today. An abun
dant supply of sandwiches and lomon
ado was stowed away by the youngr
■tara, who pas itire afternoon
In frolicking in the sand. Eeduced
rate* to the various amusement at
tractions were provided by the Abbot
Klnney company.
7