The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913, January 03, 1908, Image 14

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The San Francisco call. [volume], January 03, 1908, Page 14, Image 14
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The San Francisco call. [volume] (San Francisco [Calif.]), 03 Jan. 1908. Chronicling America: Historic American Newspapers. Lib. of Congress. <https://chroniclingamerica.loc.gov/lccn/sn85066387/1908-01-03/ed-1/seq-14/>

Newspaper Page Text

14
The Call's Page of Commercial News
• SUMMARY OF THE MARKETS
Bank of England reduces its rate of discount from 7 to 6 per cent.
Xew York stocks 1 to 3 points higher. Gall money 5@20 per cent.
Cotton 22 to 25 points lower.
Currency in New York % per premium.
Copper stocks firm. All grades of the metal J-£c higher.
Silver £ie higher. Continental exchange on London lower.
Local money market comparatively easy and without feature.
Better local demand for sterling exchange.
More demand for local bonds. Southern Nevada stocks lower.
Wheat futures higher, here and at Chicago.;.
Barley and the minor grains show little variation.
Hay, feedstuff s and beans as previously quoted.
Potato and onion markets very dull.- .
Poultry, except turkeys, in good demand. Game lower.
Eggs 2c lower. Butter and cheese unchanged.
Deciduous and citrus fruits inactive.
New Yorkers expect higher prices for prunes.
Cattle, sheep and hogs unchanged.
Prohibition and high malt checking trade in hops.
EASTERN MARKETS
NEW YORK STOCK MARKET
NEW YORK, Jan. 2. — Prices moved over in quite 1 wide range today,
hut the market was narrow, measured by the extent of the numbers interested
in it. Dealings were largely professional and reflectcd'the readiness of the
operators to turn quickly from one side of the market to another. The pro
fessional element sold freely at the opening and then rebought later in the
day to cover" short contracts largely because the earlier selling had induced
but little liquidation. The earh' decline was largely influenced by the news '\u25a0
over the holidaj- of the application for receivfts for the Seaboard Air rail
way on account of its inability to meet the fixed charges due on January 1. The
causes given for the plight of the property, especially the legislative pursuits
of railroads in some of the southern states and the stringency of the money
market, are of such general application to^ railroads in that territory that
they were generally responsive to the news.* . ,
Even more effect was produced on speculative sentiment by the reports
irom Washington, not without official sanction, that a suit would be actively
pushed by the government along the lines of the Northern Securities suit
to force a dissolution of the Harriman railroad merger. There has' grown
up an assumption in some quarters of the financial world that a state of
truce was to obtain between the government and the great railroad cor
porations as a measure of policy in view of the depression growing out of
I he^ financial crisis. Intimation of apian looking to the segregation of the
Union Pacific investments in the hands of -i. separate company was believed
to assure the removal of objections of the authorities to the present condi
tion. The Harriman railroad stocks therefore shared-, with the southern
group in the early depression. The rise in prices which, occurred toward the
close of the year was persistently distrusted by tlie professional element,
which was inclined to assume toda3: that with the passing of New Year's
.day the occasion for supporting values -would. > disappear. This view was
Postered by the general note of conservatism' in annual financial reviews
as: to .the rate of recuperation to be expected in the general situation, a
certain amount of commercial and industrial liquidation being commonly
accepted as a necessity before effective recovery may. be "looked for.
The down/ard course of railroad earnings also came in for special con
>ideration. In this respect the November statement of the Reading showed
an exception in the increase of net earnings over those of last year and that
<tock*lcd the recovery in the market. The strength of the market became
general as the day progressed.
The action of the money market also gave satisfaction, the early high
rate of_2o per cent yielding steadily in the later dealings. Larger offerings
of tinae" funds were reported also, although rates in that department yielded
but little. The dwindling premium on gold practically disappeared today. So
long as the premium existed it was felt that an obstacle remained to be
"*crcome to the establishment of normal banking conditions. The reduction
in the Bank of England official discount rate from '7 to 6 per cent also
marked the passage of one of the measures which w-ere signals of abnormal
conditions. The low bank rate i» expected, however, to become more effective
•in holding" up the London discount market, as the discrepancy in the bank
and market rate has become so wide that borrowers would not resort to
the bark. The weekly relation of the Bank "of -France was weak and indicated
the likelihood of an early call on the London market to return advances made
10 it by the Bank of France. Copper rose again at the New York metal
exchange and this was a factor in lifting the prices of stock?. Substantial
net gains were shown at the end of the day. -.' '\u25a0:
Bonds were heavy. Total sales, par value, $1,911,000. United States
bonds were unchanged on call.
Ken York M.mW L.lat 'j
K. F. Hntton Jt O».. 49« .California street,
members of- .the New York utock exch*nge, fnr
ii>.: the followlog list or bond and stock sales
r»sterdsy: . j
%:>«>» I STOCKS IHlgh.jLow.l Bid. ) Ask. 1
, !A«i»ra« Express ..j I ;i«S {185 >
Ulik-Cha'uiers ..!.....! I M4| «
i no pM ! V.-. J7«4j !«»i
Z*.bno Amtle Copper ..] 4shi -45v*1 48 4S>4
Urn Beet Sugar. | 9, 1«
..i Do pfd -"'-•• ""
lAmer Cjb C 0...: |..:..1 41, 4^
- I D« pfd i '.-.'.- *Vi <4^
S<Hi;Am C*r * Fdy Co' BO'- S j 30 30^ 31«*
• Do pfd ! SS 90
400'Ara Cotton 0i1...! 3ti^i 28»i »0 3rt'4
Do pfd 70 85
...;An> Dist Telgh ' =<> 40
Umer Ex ]17© 200
|Am G Twine Co SU 3*i
....... Am Hide Jc l> Co -S% 4
...r...i Do pfd 14 14^
I,4oo'Am I-e Secur... . l»u ifci, i ik« 4 19
.«...-.. iAmer Linseed 7%1 S%
I Do pfd. ". 17H 22,
SOO'Am Lo»omotiTe .. 34% 34« i Ss>» S8 ?
200! Do pfd ... R6'4 8R UH €614
23.400; Am S t: R C 0... 73 69*,' 7?U 72Ts
SOOi Do pfd 92' i '»2 \u25a0 I «i% 93*4
s.W>o!Ain«r Sugar 101*; 8S*i!101«i 101»4
300| D« pfd 11l 1110 .1110 112
(An Steel Found !..... 6V3 7
• 2001 Do pfd j 2»'«| 2» 29. 29>4
..._... (Am Tel * Tel Co P9 "102
e^JOOiAmer Tob pfd... 7» 72»» 72'^ ,73V4
200'Amer Woolen ... 15", 15'/a 16 J7
.......I Do pfd ." 7» 85
S.SOO; Anaconda 29% 2S*g 2» ! 2»Vi
iAtlintic C Line.. | f» 11
*>..VK) A T A S*Di» Fe.j 70 i 68U «»S *"* s i
2001 Do pfd I S4>i $414 82% S«
IBalsklala 1. ..1. 1 , 1% 2
JHXVBaIt A- Ohi» $2V»I 81 «'* 82%
1 Do pfd ... ....'.j 77 80
iR R T ......:..! 40 I 3S»» 40 4014
..{Canada .Southern.!... 5S «o
I.4oo,Caaadian Paciflc..ilsS l.VS'i ir.sl; 155U
. 2.500:O*O 1 30« 30 30H 30H
'. C * A IX 14%
WWCC W.. S S <i K'4
200 D« pTd A 29U! 28 29UJ SO
....*... D» pfd B (..;•;. 914 10
*MC * X W... 137»ii185H 357»4 138
».900!0 M«»t P.... 106i,!103% 105*4 109
' D© pfd I*s .
' C<n-.tr»! I>*tker . 18 ifi'4
{ ' Do pfd '. ~T>"i 7*
....... CMcago termicsl. 8 6
l.v \ D« pffl .. — :. 11 in
40OC OC i~ ft L BT.lj 55 S5 M
' ( Dopff JK> \u25a0 81
700,Ce1« Fnel ft Iro«. 20 19 ' i 19U 19%
j Do pfd 43 .
Crlam HC * I. ! J6U 18%
3.4r*o'C»lo Southern.... 24V 23U1 24U i 4»;
l.«00| Do Ist pfd..... 51% 50% 51H 52
500! Do 2rt pfd 4? 42 i 42«4 4S&
ICossniKared Gas. .. .. . .....j J»5 »7
l,2oO'Del it Hndsoa 159Ut147 Il.V) IM^i
.ID J. A W .1.....f4ir! 143S
««)iD * KG.... 207,1 20»4 20JJ| 20TJ
f D« pfd .....'. !..... m. 60'
o 'Diamond Match 1.....11S 1115
I9(V>'Di*til!inc Secnr.. M\i 29^ »0 SO«A
K/jlKrie 17 169, 17 17't
306! Do Ist pfd 33? ii 38ii 24m 35'
1 Do 2d Bfd. 2SHJ 25
700 General Electric. 113 111 HiU'lM
KOOiGreat Kor Or*..J it i 4«ij.....j 60
.200 Great North BftMmftlllSK 117%tU7»;
SGreeue Can C0p.|.. ...{..... :7 I 7«
100-lllinoi* Ot»tral...|l2« (123 !122%!124
...Jlnterboro .Metr0..}.....)...;.) '7 7>i
....1 Do pfd .......?.....(....;/ 18 J »\u25a0*
....ilnter Paper...... ».'... .}.;...! S*il- 9 "
....! Do pfd I 1.....} 52 52U
SKK>ln«e.r Pump. J 144 13 ! 14 j 15
....!' Do pfd,....-....;. } 65--} 6«
....'lowa Centra!.....!..... .....) 11151 12
....! D« pf d ........!.....!.....{ 23- f 32 -
....IK C Sonthern....} .!.....} 23 24
....(Lake Erte * W... '..... >....\j 10 12
I-l>o pfd . ./.;.....!.....} SO jSO
.......'Long 151a8d.'... ..!.....! .(30 35
l,700!L * K.... ...... .j 83,1 90»i! »3^ 9?.i4
iM«k«r :.....:. !....'.( 53'ij 53' -
..! Do pfd ........1..;..!..... 60 67
....:. .!Msnhs.tian ......]..... .;... U8 J2s'
.......fMettx) St Ry.....|. ;... 22 25
I.l6oiMexican Central..! 14% 14>4 14H 14? i
200:Minn *St J.....A 24U 24 ;24 "4%
200 : Do Ist pfd..... 1 62? i €2Vi 62 63
.......iM St P t » S M 1..........1 80 ! 81
.......) Do pfd .......1..... .....1117. |12«
l.itiOlUo Kan t Texan! 25« i .34Ui.25f4 254
lOOi Do pfd ...I S«*4 58*J 8« 58
7.3001 Missouri Pacific. 1 47 144 I 46V> 47 '
...iKash C* 8t L..J .:•„.. {IS 100
»O!National Lead. ..l Sfl'i' 3914) «9\i 39<i
;.LDo pfd'. :... ..!...". .1. j Bfi »o
....... .1K»tlonsl Biscuit. l ].*....| 65 t....
..;•.;..) Do pfd ..:....! !.v.;. Hoi Vilio2
!N»t Coo* C 00.*..].....!....", suj «;
..:\.» Hum Ktiil 4. 1 a% s^l 4
400 : Ve«-»Kmse c Copper) ?HI 7 7' j 7«
...... .1 X - J C*b trs 1 ..... j ..... 1..'...I ..'... 'l(Si 1 (Wt
4©o|K ,T Air, Brake/.J WVij M J « j 6J
New ;,Tork Slock List— Coattnued
Sales r . STOCKS IHtgtl Low! Btd [ Ask
13.SWX V Central..... 834 W\i\ 9S 1 93U
IX V O t St L.. . ..... 28 I 27
1 Do lfct pfd....? .....| 87 '110
• Do 2d prd..... I S7 811
20O;X Y.;X H & U.. 130«, 130 1180 131
sooiNM'.Oßt k w...i 3314 saw S3«; »svi
\u25a0 lOOlXorfolk A W....1 K\ S3»i| «S«4 «S
;( Do pfrt ........1...:. ..... 70 84 ;
.. :. .-..(North American.:..'. | 44 47
2X.<s«o:Xorthern. Pacile.ll2l'iill«»%|l2l»i 1S1!4 ?
iOmalia !••-.. 117 125 .
1 Do pfd ..:....( (.....jisr. 150
.«00!Ps«-lnc "\u25a0'Coast....! BSU 30 I 82 S4
.......r Do Ist pfd.... !.. .J. 1. ....! 7r. ! S»5
! "Do '2d pfd....).....! j «.% 95
•4.SooiPaclflc Mail | 26*<l 25**1 2»i,i 27
38.30Cj.Penn R R Co l\l\i,noS%\llo%\uii'i
400iPeople - s Ga5..... 80 | M 7»Ti' W)H
.IP C C Jfc St L.. .....|...... 60 «l
...' 1 Do pfd . '..... 80 85
4<K» Pressed. Steel Car 20Hi 18 >,i 3*U SOU
.......J. Do pfd I«7 70
.I. 'Pullman Car Co.. . .. . .!.. . .. 14« 148 v
. . . . r: : fßy Stl * Sprngs Co . . .". . 1 . '. . . . 1 . 26 ' i 2*i
\u0084.'..... .1 ,Do pfd ....... •.:-."... 74 79
154.700 Reading 98«,| 941-i »8>; *S*%
...'..;. Do lit pfd.; ..1...;. 77 7»
, Do 2d pfd.... (.;... 76 s i 7»
.... Bepubllc S &\l.. .....;.... 16 16U
.....:. Do pfd ...:.......:..... tit ««*4
60C»; Rock Island Co.. I»%] 15' 15*. 164
400| Do pfd {28-I 2R 28v{ j»
200;Sloss SSJc I Co! 36H 36 3« S7
...'....1 Do pfd .......j 80 !>0 1
.......IST. t J!F Ist pfd! 55 65
BOOV Do;.2d pfd.... 2»H 28S 2»U 30 i
— ,!st la 5.w. .:...... ..... 12 14 :
•. ..! Do pfd*....... ..:.. ..... 34»; 35^
10.800!Sontbern Pacific' 73U ~i>\ 72>i 73
j 500! Do pfd ....... 107 llO«5?i 106 « i 10S .
2.2oo!Sonthern Railway 13'il 12Vi IS 13U
SOOI Do pfd ....... RsVi| 33ft 86 40
iTenn \u25a0 «V>al \u25a0 A Iron j . j .' 3fi ' 100 - :
....:.. 'Tenn Copper ../.{. 2fi \u25a0 2* \u25a0\u25a0!
lOOlTexas : Pacific ... 18>% wy 19>* 20
..iThird At ........ ..... .;... i»ii In-
..JTol s?t LAW .; 12 ; 15 \u25a0•\u25a0 :
...."...(. Do pfd ............. .:... 34* i Ss'4
"200 Twin City R T.. S4J4 86 . ;
....... Union B t Paper..... ..... ;• 4 '4'i '
Do pfd ....... ::.. '..... 42 44
62,600 Uni0n- Pacific-.:. il»fi|liei4 llj>H ii»>^
'Do pfd ..:.... ;.... ..... 80 81
....... United Copper ... ..... ..... T 7U
'..Unit .RAH of SF. . ..... 11 lib.
Do pfd .................. 28 .10
£00 US C Inn Pipe. 20 1914 20 sou
....... Do pfd.. \u25a0'.. .......... 56>4 57i5
T7 S- Expre55 '....:.:."...... 85 «5 .
.....:. U X Real * Cons. ..... ..... 40 41'
USR A R Co.. .........-; 414 7
: Do pfd ........ ..;.. ;...; 17-- io .
400 US Rubber \u25a0*..".; 20i, 20 20U 20« i
....... Do J«t'pfd ............. 7« 77*
Do 2d .pfd ... ...:...-.;.. 45 : *50 .
23.000 U S Steel Cor..; 27 . 25*; 26»i 26%
8,200 Do pfd .......J Kirn R7U S» RflJi
500 ' Utah Copper .... 21 2ft 2014 21
' 200 Vs-CarCCo..;.. .18 ; 18 ,17' 19
........ Do pfd :..'.'... .-.......:. ks . »o'
V: Wabash , .....;..... 10.. 10' i
Do pfd \u25a0.....".. \u0084. .. ..... 18 :t*%
....... Wells F. Express .*......... ..... SOO •
400jWes1ern : Union . M-: M .55.. 65
....... !We>tinglionse 7 ... 42U 41' ' 4U~i .41^"
..n;;.'vr a 1ev....... 7 : »;
..:..,. Do Ist pfd ... ..... ..... i<ji,i i«
....... pfd, . f. . .\u25a0:.::..... s. 10 :
....'... Wisconsin Cent . .."... ]..:.. ! U}£ 15'J
.....'.. Do pfd .......|.....j..... 33 137
515,400— t0tal shares sold.
. \rn York Bend*
U S r»f 2s reg.. lo4U I,'AX. unified 45V.'94
Do \u25a0 coupon . . : . lO4H Man con gold 4«. \u25a0 M%i
J*o,Z* rec.....".10tiJ4 Me« ..Central: 4s.v. 74^
Do «>upon :.. .100*1 • Do Ist inc. ...--.. 1414.
I)o'Bew!4s reg.lin Minn &\u25a0 St L 45.. 82--'
Do" coupon .-...119. M. X A.Texas 4s. a4'' ;
Anier Tobacco 4s. fioyip D» >. 2d5 ,;.-.; . --sir
Do •6s . . . . 1.'..'I .'. . ' 97 ,\u25a0 J XB of Mcx con 4s 77 7 |
Ateh -gen" 4s "."."\u25a0.; 96 X Y:C ten Si4s; .'-R7U'
Do ct 4» ;Bfis; xj 0.5e0'R#....117'-
Do ct/5s .....: »5 Xor Pacific 4«..:.100 1
Bait c A Ohio, 4s (T 88- 'Vp Ss ....:... 6SVi
• Do 3Vis - : . ;. . .t, 96 J 4 Xor '\u25a0\u25a0 A- W. con • 4s. 92V» i
Brooklyn RT c 4s 86% <» . 8 ' Une » Ttiz J *« SSSi
O-ntral ofGa 55.. 98-. Pa""cr 3«4» .• \u25a0 \u25a0 »o2
Do:lst-1nc...:. 65 Rfradlns jteai4s..* 93
,D» 2d inc.....:.42:,i S L A IM con 55.1041 i
Do. 3d 1nc......-36i» St LAR Ftg 4s. 73
Cbes A Ohio .<H«.- 91% St. Llß' W,?ccn Ms.'Jftitt
Chi A Alton >3H«. «0U Seaboard A. J. 45.. «O
C'B A Q new 45.' 0214 So Pacific -45..... 81
C.R I- A Pac-45.~62T» \u25a0' Doilst 4« eert.:' BS
- Do col 55.::....8S . So~ Railway) ss. ..*'»» \%
Colo lad ss; sr. A 49 \u25a0 : Tex A Pac • 15U.".10/}ii
Colo Midland 45..- 54S Tol.";St'Li A -W 4s 67^5
Colo, A So 4«.... S2V4 I'nlon. Pacific '4j: .-.»»<£
Cuba sa'-.-..'....."a '-.-..'.. ..." J»3ii • • Do \u25a0pt- 4s " .".'.'. .'^ Xt T *
Den . A Rio 1 G -. 45." 83 Tf S Steel : 2d . 55 . . • 85 T«
Dist SecorJties 5s 70 Wsbssh lsts .... -105U
Erie prior Hen 4s. 93 1 « Do deb B \u25a0\u25a0; . . ... . 44
Jspsn- 4« cert.V.;;Bo * Western. Md - 4n..'. 61 \u25a0"\u25a0
Japan; 4145. wt...' BSU WA I, KrieUs..". 71:'
Do Z4\ «eries..;?B>i Wis; Centrals 4s:. ri.73 '\u0084
X * 3i*»r Ysrk" Mlalna;: Steek* ,'v
Adfins Con ;...:. -ISiLUtie Chief ..... C 5
THMSAXKCT^OIS^^
Alice; ............ 1.301 Ontario ......'8.50
Breece ..... ... ... if. Ophlr ......:... .V 1 : 15
Brim Con ...... lfiUotosl . ..;........ . (A'
Cv«m Tnnnel . ... 18Ss\sge *....-........ 30
Con,Va MJn 'Co.. 53 Sierra Nevada -...-'>34
Horn Bllver %.-... . S9 Small Hopes . .'. . . . -20
Iron Silver ..:...: 76 Btandard ........ v' 1.50
LeadTllle Con ":;.. :t«i ;-.-,. -v; y- -;;-^':
' l.tßdu* Clonlnff Stocks)
( 'w for -, money:; 83« jr.oalsV *'&--\u25a0 Nash. . . 94 :
- Do for acct.... 84}{ M. K& Texas.... 25\4
Amal Copper ....47!4;N y Central.'.:..: 03V,
Anaepnda ........ 5% Norfolk *:West... 6flfi
AtcWson 1 ......... 78^ Do p«*. ....... W
vWo Dfd ....... 87jJ Ont A Western.;. 83»4
r" U * 0hi0...... «« PennsylTania :.;;. 56^
{<« Pjclflc ...... 158?J Rand Mines ......" 5Vi
Ct*s»& 0hi0..... 31. Keadlnir. ..;....:.. 4Sii
m' uf? 1 !.^" S^ Sl > Hallway ...... 13
Chi. Mil 4k gt P. 107 Do pfd ........ 36Vi
c? c S T r %, : '•/.••• "^So Pacific ....... 731,1
De . n &-Rlo C... 20% Union . Pacific ....120^
_Do pfd ........ 39- Do pfd ........ 83'
Erie .......... . ; 17% tj •S . Steel . . : . 26S
"« i« Pfd..... :ar,> rDo'nfdv. co-
ADo-HA Do -H. pM -""-'*'- 25 1$ Wabash ..;....;.. 10
rtrand Trent ... . 19% '-. Do pfd ... ....... '19
111 Central ......128 Ispanish; 4s »0
Bar'sflTer— TJneertain; 25Hdper ounct.
Money— 3*i per cent. • '
c* c v« J* V f -^S^ 1 ta tne °P* n ««rket for
short bills Is s©sv t per c«nt and for . thre«
months* bills 0 per cent. \u0084. .\u25a0
New Tork M»aey Market
NB 2LV£ ORK> J " n - 2-— Prime mercantile pa
per. 8® 10 per cent. . .;..:/.. ;'..\u25a0\u25a0> i
Sterling exebanje \u25a0 flrm. with aetnal buslntsa
«* 1 , at «*-«476 tor demand and at
|4.. 875(84.7080 for 60 . day bills. .
Commercial bills, $4.?550.
Bar sliver. B4He.
Mexican dollars, 43c. \u25a0-.'.:
, GoT»rnment bonds, steady; railroad bonds,
neaTT.'v _• . \ ...... .......
Money on call flnn. s®lO per c«nt;> ruling
»: 18 PP r etat '<< closlnjt, offered at 6 per cent.
i u^, Im * lo * Di flrnl * «nrt mere' actlTe; 60 days,
; 8«I0 per^centj-,90 days. Tffig per cent; 6
K«w! York Financial .Votes
\u25a0• X^W-.- YORK, - Jan. ; a^Amerlcen stocks \ln
Ixmdon stesdr, about parity. >, Bank of : England I
rats of discount rtduoed from ,7 to 6 per cent.
Seaboard l^ir Line ; applies for -a . Mcelvership.
Resamptlon of steel plants has been greatly ex
aggerated and thei-e is no probability of -general
action in the sear future. > Tranxactions lv
stocks la 1907 wsre 100,000,000 shares less than
W 39C« and were the smallest in three years,
foreign markets expect rapid return ; of divi
dend disbursement* to tbe principal centers. In
dies tions already show that time money will be
much more plentlfal from now forward. Bank
lug Superintendent Williams . says in his report
that institutions not In • th» clearing house will
be compelled to issue supplementary reports.. .
('•ndllfan of the Treasury
WASHINGTON, Jsn. 2.— Today's statement
of the balances in the treasury shows: Available
cash balance, 5269,51D,0»1 ; gold coin , snd bnl
lloa, 538,»51,451; gold 'certificates, $00,393,520,
»w York Cotton Market
..^* K^ Y ,ORK, ' Jan.; 2.— Hutton's ' wire says :
1 he ; local market upened easy. \u25a0; with . a large
amount of ' cotton . for sale; . There was • a sur
prise for the bulls. There were no cables and no
xperial news to cause the market to open at the
oeclin*. Tlie movement lof cotton is heavy and
the south is no doubt selling. T ;, The movement, for
this week is about the largest on record and the
weekend Ugures look as If they are also going
to be as bearish. . The south is no doubt holding
back more cotton than , at any time In' the his
rory of the trade, - and sooner: or later- this
cotton will be on the market. As to' the course
of the furore traders see nothing Just now to re-
Tire ball speculation. , ; , . .
"Tiif Lirerpool and! Xew Orleans markets were
closed todsy. The feeling is . getting bnlllsh on
the erpectation of a falling off in the movement,
wnieh Is now the largest on record. Mr., Ellison
In «Is report In the Journal ; of. Commerce eives
the crop ; at 12.000,000 to 12,300,000. ba1e5. Out
side of manipulation there Is nothing to bull the
marset on." . . .-• -:
Optl«B_ Open: ;' :High. : Ix>w. . Close.
i anuary •••'•..'•lo.7oc • lO.TOc ' 10.<(V> 10.51 c
February . .H).77c 10.77 c 10.77 c 10.61 c
March ........ lO.JKic 10.*5 c 10.65 c - 10.70 c
Ayril .'. ..... ..... ..'.-.. 10.72 c
s*«y ........ ...10.85c. 10.87 c 10.«7c Hi.T3c
.Tune . . 'lO 72c
J «ly •• T . 10.34c 10.»5c 10.76 c 10.70 c
Au * v'«:u '« : .....\u25a0\u25a0 ..... 10.54 c
->'«" Y«rk Gratia and Produce
NEW YORK.' Jan. I'.—Klonr— Receipts." 31,
000:: exports, 7,400.. Market dull bat Him. \u25a0 •!• :
e Wheat— Ker:elpts, 277,CKXt bushel*:: exports/
\' 1 2i'-« fl ?? Klt ' flrm: No - 2 red,: sl.o7 *ii^ elevator
and ji.oß' 4 f. o. b. afloat: No. 1 northern Dll,
iH'Vi.f 1 - 24 ** f> °- b - *«««t;.'No. 2 bard winter,
|l.lS»i f. o. b. afloat.
Au advance •- of fully 1 J^c occurred ' in
wheat today- following strong cables, 'bullish
Arcentiue news, s better cash demand, bull
support at Chlcaxo and ' big • clearances. Late
realizing; produced a little .setback- aud flual
pric»» were Tife J ic net higher. May $1.1314*4
dose's' '1 £**' * X'l3X ' 13 35;3 ' 5; Julj fl-?6^®^f 1 -? 6^®^
Tetroleutn — Steady.
Sogar — Raw.- quiet: f*ir reanlug.: 3.3f>&3.3!ic > -
centrtfngal. 9«> ' tent. 3.85 c: molasses . sugar. SQ:
3.05 c. Reaned, steady. \* -..*.. y \u25a0..-\u25a0
Coffee— Futures ctl<J»ed' inactive and unchanged
prices to a decline of 5 points. :' Sales ,were re
ported of 5,500 bags, including: June. s.f!oc;
March. ."i.SOc: September;- 6.15 c; October," 6 lSc;
December. 6.25 c. Bi.ot.:qiiiet: No; 7, Rio. 6 1-lBc;
No. 4 Santos. Sc. Mild, dull: Cordova, SHft'lSc.
Butter— Quiet; western; factory common to
nr*ts, . I~>% i»Vjr... . , •
Cheese— Steady ; . unchanged.
£«*— Firm; western firms, 27..-; seconds,
25^260.
DRIED FRUITS ,
Evaporated Apples— The market is - dull and
unchanged.' with .fancy quoted at . llfilZc;
choice, 10c: \u25a0 prime, H(Q,%*iic; 190« fruit. 7ftfllc.
Prunes— Are nrinly held. ' with quolations
raoglag from ' S J,i % 1 1> .; for; California : fruit . and
fr«ni 7@7»4c : for Oregon 50s to * 30*. .
Apricots — Are « quoted quiet a"nd unclianfced,
with - choW quoted. at-22(a23c;^ extra choice;
23@2Se; fancy, 24@26e. ."* . : .
Peaches — f»how no fresh ; features, being \u25a0 more
or less nominal in \u25a0 the \u25a0-\u25a0 abvace :< of ' important,
business.-k \u25a0 Choice are. quoted. at 12@12Tic; extra
choice,, 12^fel3i,ac; fancy, 1 ' lSftlS'^c; > extra
fancy. 14®14J,ic. " -.:\u25a0.\u25a0 -. ' \u25a0 -,--- \u25a0.-.'\u25a0\u25a0.•. - \u25a0;-,
Raisins — Are. without . further change. Txwse
muscatels are quoted. at ~7@7»ic: seeded raisins,
T®9H«: -London layers, |1.70(81.SO. ",;
Xew Yark Metal Market
. NEtT - YORK. Jsu. • 2.— The , iJoudun ; tin \u25a0 market
was lower;;.wlth spot quiet at £121 and futures
at £122. n locally the market -was: easy in sym
pathy with • quotations ranging f rcm j 20.50igi27c."
..-; Copper was f 10s lower in- the 1 London market
at £61 lOsfor spot . and £C 2 ss 'for' for futures. : .Lo
cally the market was firm and higher, with lake
quoted at 13.52«^ai3.97^c; electrolytic at 15.50
<813.75 c. .\u25a0 casting at 513.25@13.50c. - . •
• , Lead was higher : at :£l4 12s • 6d ,lnt tbe London
market. -. I^v!ally:it was- fiimer. and? higher also;
with quotations ranging from :{.so^3.6.ic. ;
Spelter was lower »t £19 -7s 6d iv the London
n»arket,;but ruled firm and higher at: 4.3o<a4.sric
locally...- :••.-. \u25a0:-\u25a0;-, \u25a0„ / :.:., ; -...-. . \u25a0 .i v <.....
•; A slfgh t; advance . was reported *in s the : Knglish
iron , market, . with .' standard ; fouudry >• quoted -at
47s an and Cleveland; warrants at ' 4*s 7>id.
Locally, no change .was: reported. 1 . '
THE CO MMERCI A I . OUTLOOK
The) Wtnt Over and the. Country Now
RecoTeriaa;
J. S.Biche * Co.ofN'ew.Xork aaj: : i
'.The banking position ' aa f exhibited •- in the' re
ports tof \u25a0 national * banks > throughout tbe < country
and '- tht reports' of ; state .banks i and i trust I com
panies of .* this , state ' is ; shown \u25a0 to . be - strong:, \u25a0 ajid
the eooclDsions are ; reassuring^ ;i This ; applies \u25a0to
tnnt eompaaies as i well a s to other banking | in
stitntions. \u25a0- The trouble \u25a0 has *Ti<l»ni J y been : acute;
not chronic, and. the clearing up after, the. attack
rereals ' far > less ' damage ; than / was ; feared ' or *to
be expected ! from . the -riolence : of : the • panics We
are now ; mending, and \u25a0 mending • rapidly. •-' What
ever may happen ,. to , the 'industrial 5 situation,"; our
banking institutions f are in a splendid 'shape «.to
care for it. '\u25a0: This iti so different- from; 1893. ' when
both : the banking r and T, the \u25a0•\u25a0\u25a0 in.lust rial A Interests
were so . seriously * prostrated, I ".' that', we may.rea*
sonably \u25a0< hope > to A forego \u25a0\u25a0\u25a0 if long i period ; of 1 hard
times. vyJThe fa llinp : off ! la \u25a0; bnsioess '.miuit '\u25a0\u25a0 neces
sarily; continue , for. ay time, : and readjustment '. by
f« ilnres ? and .; reorganizations * Is ;: sure ,: to t follow.
Pi t iH end \u25a0 reductions ;, will ;• necessa ri It '• accompany
tte process.V.ButJwei'are f «invtheJposltion?of;a
sick patient :wha is sure of ; recorwy, without rpfo-
Innged distress. i.This attitude of j hopefulness will
in itself 1 help ; to ' bridge: orerUhe " periods of ' dis
comfort' incident ito \u25a0rert'uced i profltß,vineome\ and i
wages, i The assurance that within «iyear,"or not 1
much- more,'., we' shalljagain-'be; traTeling'tha
hlgliway.of prosperity:will.make easier the year
or aot moch.more.-of^depregsion. • ' \u25a0'• -" '
: - READY -MONET. ' ;?A
. VThe bankinfg : reports indicate roughly. the dis
appearance of something approaching. s2oo.o<X).(K*o
of gold ! and currency .--v Th In : is '. not'jlost." 1 but ( only
carried \u25a0\u25a0 around f or a lodged i"in V supposed « security
and 5 wastef ally >. idle. %-*. With i\ this g amount \ with
flra wn from -the current - = it : is mo. wonder ' that ; the
flow ; of ~ business . opera tions ' in ? retarded ! ; and '• the
currency; premium < rema ins.'r HThe : cure \u25a0 is Mn » the
Tery .' rece««ioii .that Is it»kinj, place;; and | there is
erery indicstlon Uiat money will be too abundant
befor* \u25a0 lone. ? < liiis;- when ; it '.takes : place. " should
open up the field of conservative inTesttnent in
bonds :and: high "class : diridend ', assured ' stocks ) in
1 a rare !.Tt)iun)e. -:';, :',;\u25a0;\u25a0-';\u25a0"-';.; v-->:,-"' \u25a0 '- :'.-v-;V: '. -v-;V »'i. •;..•-< <- -. I
.\u25a0'lt la a; time «f makeshifts .'and expedients to
meet an untisusl snd temporary situation..- Under
the , presanre >ofi it i the i whole ; . nation 3is ? liarning
and- practicing s economy, - which,*- after e all.Ts is > a
Tlrtoe sadly, neglected 'ordinarily in 'America " ? ?*
CHIC AGO : BOARD; OF TRADE
Foluir Gr«ia «ad ; Provlaiona
.£ CHICAGO/.' Jin?* 2;^-Th<» 5 wh^ati market! ,waV
strong sll . day; and \u25a0 atl Um«s I tiie ; demsnd . greatly
«»»dfa . the t oltrlnn.'Si The « sharp s bulge > at
LlTerpool \u25a0 wag ; the ; chief i bullish ; factor.; altbbuKh
•mall \u25a0< receipts >. in w tbe J northwest,*, liberal ? clear-"
anees ': *>r $ the ;- board V and *a S forecast - of.; small
shlpm«nta \> from -Argentina s were slmportants lmportant s* aid
t« . the : b011*. , -"A ; moderate \ recession % took X place
l«t»:lB :thf;«t»/,:but:thi'cloa«.w»s : »trou{j.v,May
opened higher at »1.06Vi@1.07J4, sold up
to $1.07% - and ; closed ; at $1.07 ii- \u25a0< \u25a0•\u25a0'\u25a0 "• ": : -
'. \u25a0 The corn < market opened '\u25a0 strong and - gained |in
strength ; i throughout ; th« ; day." ' May •-.'• opened
% <&%<: higher \u25a0at 6<i*i (g6lc, sold -at 60?ic. :' and
then advanced to •61 lie; •\u25a0 The close ' was •at
«l*@6is;c. -:-••-. •-••\u25a0\u25a0. . t . -.-\u25a0;\u25a0 v \u25a0 •- ; , ..;.-,
Trade in oats tras quiet, but themarket was
strong : In ' sympathy ;• with > wheat and . corn. '; May
was %c : higher \u25a0 at ; 54 % c," sold • off . to 54HCJ and
then. ; adTanced v to. '.ssiic. - The , close -.was:' at
54Tic.-.-.v, '. - :. /\u25a0'\u25a0\u25a0:\'*. \u25a0 . ;;.-: :-'--.\u25a0,: -'--.\u25a0, - :'.: '. : '.-.--,
vProTisions were firm on the strength of grain
and a: decline. in the. number of bogs. killed ,a.t
western • packing- centers, i .Msy ' pork v closed up
22-Jjc. liard was 20c higher and ribs lT&c up. ; ;
- The leading ; future* . raDged \as follows: r
Articles*— >;...- Open, High. Low. . Close;
--''Wheat—':-" '\u25a0':\u25a0 \u25a0\u25a0 \u25a0'.. \u25a0 '\u25a0 ' \u25a0 \u25a0-•\u25a0\u25a0.''\u25a0".
May- .......... 1.07V 3 1.07% 110BU- 1.07^-
July »»H »»% »8»r \u25a0•.-89»4
September ..... 98 Vi 039» 95? i
- Corn — - . ' -- • ' ..-• ' -'iv.: .' ', '" - - .-; \u25a0\u25a0'•*- \u25a0
May ...:....... «i. •«!»; fiO% '-.. 61? i
Ju1y'....;;.;..... 59T. 6(>H 59% 60%
September > .. .v ;. 60 ' 60% - - 69% . 60%
* Oats— ••;--.. \u25a0 \u25a0 . \u25a0- \u25a0. - \u25a0 • .-\u25a0:\u25a0 \u25a0 -'.' "'- -\u25a0\u25a0
May.rold) .....; :'s4»i: 's4»i '55»i'"- 5414 -*'R4%
May (new) •;... R3 53H 52 !Ei 83V4
July (old) >.....: 48S' 4S 7 4 48% : 48%
July (new):.;... 46% 46%, 46%; 46%
\u25a0 Mesa- Pork,^ per barrel— - ' \u25a0 . \u25a0
January .... ..M2.47H 12.65 12.47% 12.«6
May, ........... 13;20 13.35 13.16 13.82%
Lard,. per 100 pounds — < \u25a0 l -
January .;..... 7.72% 7.55 7.72% 7.85 . T
May. ..;';..;. ....7.92% 8.05 7.90 , 8.05
Short; Ribs, per 100 pounds — •'.- '\u25a0*'
January .......\u25a0«. 70 -> «.85 6.67%. ,6.52%
M»y ........... r;, 7. 12^4 -'7. 25 7.10 • 7.25 j
\u25a0 / Caib Grula and I'rovlalonn
. CHICAGO.' Jan.. 2.— Flour, firm; No. 2 iprlnj
>heat,T $1 .0831 ;I2; No. 3. . |1 .01 ; •: Xo. ; 2 red.
$1.00%@1.01V4: ?No.. 2 corn, 59%®60c; No. 2
yellow,.: 63%@64%c;i No; 2 oats,. 61c: ; No. 3
while. i48%Q51c; No. 2 rye. 78c; fait to choice
malting ".barley, --68r896e; .• No. " 1 northwestern
flaxseed.V. |1.21 ;i ; prime timothy seed, $4.35@
4.40; clov«r.' contract grades, $16.75; short ribs,
sides .(loosed: $6. 62%®T. 25; -short v clear: sides
(boxed>,-i6.57%r55".12%;.me5s pork.-per barrel,'
$12.70® 12. 75;, lard, per 100 pounds, $7.57%@
7.80: whisky, basis of : high wines. $1 130. ;
'Articles — . -Receipts. Shipments.
Flour, barrels ............. 27.100 : 34,400
Wheat: bushels .::..... '....' 73,600""; ' 45,9'J0
Corn, bnshels ....:.: .......259,200 - 109,600
Oats; bushels 804.300 274.600
Rys.. bushels 3,000 : -.; ,3.300
Barley, bushel* : V. .. . ... 41,000. I '45,800
B otter, . Cheeae and I'«B«i .
CHICAGO, Jan..- 2.— On the produce ' exchange
today the butter market was steady; creamer
lea, 25529CT dairies,- 18@25c. Eggs, "firm -at
mark, cases . included, 23@24c ; firsts. 22c ; prime
firsts, ,'24e; . extras; 26c. Cheese, steady, 11%
®i3c- : _*; ;•-,-,; -'" : ; - : - -. .. . \u25a0
' Kasteru .Livestock' Markets)
-CHICAGO, Jan. -Z— Cattle— Receipts; 11,000.
Market steady to a shade hieher. BeeTes, $3.GO@
6.20; cows and heifers.' $1.05@6.0T»; Texans,
$3.20(R4; calves. : $3.25(37: westerns," $3.20@4;
stockers and feeders, $2.83@4.30. - ' - : ; •
•:; Hogs— Receipts, about 31,000. Market weak
to a shade lower. Lights. $4.15@4.55; mixed.
$4.20@4.60; heavy. $4.20@4.62»i : rough;.' s4.2o(3
4.80: pigs. $3.60@4.25; bulk of sales, $4.45
@4.55. , \u25a0\u25a0; ;•- -, -. \u25a0, \u25a0\u25a0 ',>\u25a0• - .- \u25a0; . .;.:\u25a0\u25a0
: Sheep— Receipts, about 16.000. Market strong.
Natives. "$3(35.30: . westerns. $3(35.25; . . year-
HnEB. $4.50@5.60:. lambs, $4.80@7; westerns,"
$4.75@7.; . - -._\u25a0-. ". -.-..-.;
list A nftelcn .'-
AL OS 'ANGELES,'; Jan. : \ 2.— Trading at the pro
duce market today: was unusually active and an
enormous. -„ volume •: of j- business was ' ; transacted.'
There: was ' a 'tendency .toward {higher, prices in
rninj-; commodities because the demand was' so
brisk I dealers found that they could jret almost
any reasonable price : they demanded without ref
erence to 'officials quotations. . . , '
- -Arrivals of * poultry .were, light. " There • was
a s good 'demand. All; kinds of fish \u25a0 aud .lobsters
were scare*?. , .'*\u25a0 \u25a0\u25a0\u25a0 \u25a0 :\u25a0 : '\u25a0 . ' . -" \u25a0 "- .• ..'\u25a0.-'.
Receipt* of locs I. ranch eggs amounted 10, 106
esses for, two days. -4 Tlie consumption is increas
ing and a 'firm' market is manifest. While deal
ers do - not \u25a0' expect " much ' impfovemeut . In . con
d'tions ' until ' the : market is : clear of storage
grade?, some predict a slight advance In the
near future, j. - .'.". \u25a0 :"-"-, _ _\u25a0 ', ."-.'\u25a0
Conditions in the butter market are * much the
same as : they were • previous t to \u25a0 the New. Year.
The. high prices have' curtailed the consumption
and receipt n 01 local stock are increasing. .This
has created -,. a : weaker feeling in .the market.
Eastern v storage - Is;, plentiful and prices arc
steady. ...\u25a0. l \u25a0-.:•;-. \u25a0.;\u25a0..;\u25a0.;.. -.-.'\u25a0 -.- \u25a0 \u25a0''.\u25a0.\u25a0
;, Offerine* . of- potatoes ; were more than 2.700
fcsckn; -'. Dealers say that .; improvement =Is im
possible as long as. receipts continue large;. -.
Produce receipt*— Egg»,' 103 cases; buttor, 14.:
420 pounds : . potatoes, t 2,702 \ skeks : t onions. * .".-0
sacks: beans. 2 sacks: sweet potatoes... ll4 sacks.
' ; Butter— Creamery , extra*; 75c 1 : ' creamery \u25a0 flists,
W(aj6so;- eastern extras. 30o; firsts, 23e;rdairy;
£S<»: cookiug,:23@24c. / '• : . . '
::" Eggs-^-Local ranch; candled.' S3c; selected; ."We;
ejtse.count. 30c:- fancy -fresh eastern, 27c; stor-'
age eastern. : 21 @23c.- •"•\u25a0-.'\u25a0-':.. • --•-'.__. . . .'> . '
Cheese-^Northern, • fresh. •.'\u25a0l7@l~ l ,4c: ;anchor.
large.* 20c :? anchor, iYoung;"Anierica.. 21c: hnnd
.<:beese."' anchor brand." 22c : • eastern singles, "l^Vj". 1 :
"eastern twins; ' 17% «jl8c: - eastern : c-htiidarc; lSc :
eastern longhorn,lßU<S,l9c: eastern <laisr,-lS\ic;
swig?, lmported.'32o;:swUs, domestif. 2-c: brick
cream. 2oc;,llmburger; 200. V .-\u25a0\u25a0••'-• \u25a0-•' .- ' \u0084 \u25a0•\u25a0
'.- Potatoes • (a . ctl)— Choice 'Highland -ißurbank,*i ßurbank,*
Jl.lOSt-25: > fancy, Sallcas; $i.RO(a> 1.7.1; f.uicj-
Colorado, $1.35<ai.50: \u25a0 fancy .; Oregon. ' $1.25®
1.50: Idaho. $1.2.Yd 1140: early rose,; seed. $2:
sweet \u25a0•• potatoes, $2.2">i5;2.30: northern, : $2.255ij
2.50. . . .' \u25a0 . .'. . ' \u25a0 - . ..--.:.- - .; .-.;
.;Onions— Yellow, -Dan vers.- $2.50i2--75 per' <-tl;
Australian \u25a0 browns, $2.25*§.2..'i0:-. Oregon, ' $2.75;'
sarlhv lOir.a lb.""" • ' " , \u25a0. .•.:...
Beans? (a' ctl)— Pink. No. 1; new. $3.75:' lima,"
No; 1.'. 55.50(?5.75: Mdy .Washington.' So. *I.
*3.70(63.85: .small- white.; No.: 1. $3.75«j3.5ft:
blackeyes, $5; Garvanzas,. $5.50; lentils, ,ll%c
alb. . .--. -.. -. -,: ./:\u25a0 • ' .-\u0084 =
. -Poultry (buying .". price*, alive) — Broilers, IVI
to; a." lb«, 21c;- fryers, : We:: roosters.; 13c;- stags.
,7o: hens, .3 lb and up, 13c: under 't Ibs.tl2c;;old
roosters,:-7c: 'turkeys;, heavy;; 15c; light, not
wanted: \u25a0 <Jurlig,:.l3o: geese, 12c a lb; squabs,
$1.75(52.60; per 'dozen. - /
1 Selling prices," dressed— Broilers, -27%c:. fryers.
22c:»". roasters,:. 2oc :\ heDs.v- 18c:— moster«." 12c;
ducks., lße: geese, ,lß.? ; turkeys, -'.24c a lb: squabs,
$2.50, a -:df*en.»,-.^--.- , . -\u0084-..
rHoney(a lb)— -Comb., water white. 1 lb frame*,
1 8c ? v white;. 15@1 Co : light \u25a0 amber."- 1 5c ; extracted,
water . white. r 60 \u25a0 lb cans, .': B@B%c: white, Sc;
light amber,' 6%@7c. .;;."'••\u25a0 . \u25a0_ :; •-. :>;\u25a0'.-.\u25a0
MISCELLANEOUS MARKETS
Xaral : Stores— Turpentine and : Rosin
- BAVAXXAH., (sa." f \u25a0 Jan. V 2.— Turpentine firm,
40yc;' : sales, -613: receipts,.'. 310; shipments,
: 1 Rosin. \u25a0'\u25a0 firm : -sales. ;'3.146: receipts.' 2.135*
shipments, 5.905: .stoitk.'* 110,236. - Quotation*:
ABO. *2.70(§C2.75: D. $2.70(6i2.75;E,'52.70®2.80:
F, *2.75fi«2.80::0., $2.75® 2.90; H, 52.80(5)2.95 ;
I;? $3.50;. K,;54.50;'. M, $3.25; X, $5.65;" WG;
$5.75.' _' \u25a0\u25a0.'.'; ": , v '"J" J ''.'•*".'.\u25a0"-\u25a0 ' ; '
• Fopelg^t-Fature* <";
; \u25a0'".'. -\u25a0 LIVERPOOL" V''-'- :
\Wliest— -\u25a0. \u25a0:;\u25a0\u25a0;\u25a0 . March. May.
Opening. .......: ..'....;. ....;S W, - \u25a0 7 ; 1 1 %4 •
Closing y".v:r.~pxr:x:T..: -.:..s 01*4 : . : ' "\u25a0 8 00«4
"': PARIS^ \ \u25a0 .-',: '. 'C-i'/v::-
Wlieat— j< \u25a0 Msr.-June;
Opening '.... '.'.'.":. rrv.v.v
Closing : .....;.....:.•;.:.\u25a0...... .. -
>; Floor-- . •\u25a0..• . \u25a0-\u25a0 , \u25a0 \u25a0\u25a0 •-.'...
Opening •.*...,*;....•...•... ;.......,.... ........
Closing . .V... .V. ;*.... ."..'.'.'.\u25a0.:..\u25a0.\u25a0...•.;. - . .:....";
; St. lonUATool Market t
BT. . LOUIS. : Jsni.!- 2.— Market -steady^ ; Terri
tory., and western' mediums;? 20@23c; ••-• tat Ime
dlums,- 191321 c; fine; 15@17c.
\u25a0/:.;'_;.- \u25a0'_:\u25a0 Norihern Wkeat Varfcet ;'.u''. .*'-\u25a0\u25a0
;,V-'^.-r;, •..;; OREGON "\u25a0 : - . \u25a0 : - •;:::\u25a0 '.'
; PORTLAND; Jan. 2.— Wheat-^-Club, i 82c: blue
stem. 84e;. Talley;iß2c; ? red.- 80c. •
$y-~.u --.--• • _.-,.-.'. WASHINGTON '. :.i./ .KA'i'r
- : :\u25a0! TACOMA, -, Jan; ' 2. — Wheat — Unchanged; ;• blnt
stem, 83e; club, 81c; red, 79c' \u25a0
>'\u25a0?'-'\u25a0\u25a0 ''• ? Northern Bn»liie«« '\u25a0\u25a0 '<_ " \u25a0
. SEATTLE, ; Jan. ; ; 2.— Clearances,"/ $1,334,451;
balawces.'- $182,871. vc ; - - ?\u25a0\u25a0•\u25a0 \u25a0.<\u25a0
l-r : TACOMA. > Jan." 2.— Clearings, \ $I,o2o,B3s:ibal
ances; \u25a0 $62,234.-» .-\u25a0\u25a0•\u25a0\u25a0 .\u25a0\u25a0-\u25a0\u25a0:
Vj PORTLAND.-. Jan.' S.-rClearings,: s93B,soo; bal
ances.'Jsl3s.72l;- '•."' . ' ••\u25a0 \u25a0
- v SPOKAXK. = • Jan. : r 2.— Clearings, $1,063,336 ;
balances,; slß3,7ll. \u25a0 \
LOCAL MARKETS
San Fra nrl*c« Moner Market
'.Th* feature! of, Interest ; nil ' OTerJ the I financial
world : jesterdayi wan * the 4 reduction } of '.the I Bank
of. Knsrla nd' \u25a0 • ra t« Jof d iscount ; froqj j.7 ; to 1 6 s p«r
<-»n(.- Thp raif win raised seTrral cpnts. toward
the pod ; of;i the>year,-.to 2 stop? thejjforeijTi; drain
upon i Kngland's ;bank*. 7 and ,; it* Vreduct!on ; show*
an I easier < money • market s *lnT London;; which \cre
ates £ a^ most \ favorable 1 sentiment": all ; orer - the
world." j,: In ". fart;? in ;mildnsri* the Production.; the
Rank of 1 Euglandv; announced j,* that £ -Itf adeemed
hußines.«SgoimuL'h"lmproTedHhat:lt. ! felt! Justified
in ! reducing : the rate \u25a0 to ; further assist > trade. I .*"
?«lThe i opening Jof i the j new! year, was -Tery I cheer
ful ?- and « the ». bankers ? generally V confi
dence ¥In | the I financial outlook $ forJ" th« J coming
year. f^They* »ay.| that jthe t wont \u2666of theX money
stringency *Is I unquestionably.! OTer j and ' that ; mon
et a ry *,_ cond ii ion * \u25a0- are « now ?f conra lescing. fvj Th«
banks i this I month\will | pay I ont .« into ; circnlatioo
some : $4,000,000 .forj taxes, t $2,750,000 "on I Interest
on I saTlnga j dcposita,^ s2,sCO,ooo i on 1 bond S lnterest,
and ':\u25a0 about S $6,000,000 5 on g: industrial * dividend*:
making? something j like £ $14,000,000. i ,i Not ? all * of
the i! Interest 1, on t sayings -^-deponlrn '( willi be ?: paid
«ur,,v howererA', as ? the i great : ! iqa jorlty Jof jr'small
depositors neaTestheiriinterestainJthe'banksStn
r"> ' added « to ',tb«; principal.^' Bat^»Ten;soi a jsreat
dcs 1 ',< of % newl money J will v : come k in to i cireola tion
this i month. 5 and *; it. cannot (bnt ; greatly r stimuli) te
trade s and j industrial) *(!tMtS.'s3i'*%BS[-»-v'2!HWi.i3&
- •• The' premium 1 on s currency.!- in" Xew^Xork I yester
dayi declined < still ; further; to I% } per. «rent-"^s« i, md
53 Local $ Sabtreasurer ?* RaJston £» statw ?- that«b*
twp«>niO<!tober^2»fandir)«c*mbfr;3lihe"ipaM;ont
J1 » ,5P4.'283 'iin* goM ? win S on « eastern * goTdrnnjent
tranafeia. s XfcU ; wovempnt iia* 'UtterJj anouated
to i practically nothing, i "as the local banks are
now amply supplied with gold. \u25a0 .
."There wert . numerous changes ln.ex'*'*<»ir-"- •
terday.:-. Paris and Berlin on London. were lower, I
end Xew;Tork on Paris was also lower. - \u25a0-' -: ."\u25a0
Silver was %c higher. ,
> Coinage In December ;
r-The coinage /at 'the; local 'branch^ mint: in De
cember,was wholly.;ln silver,- consisting of ; Ame
rican -and 'Philippine coins • of various d°noinlna
lions.; . The -output of; " American; money .,con-
Mstedf of v 5337,000 In » half ; dollars. $151,000. in
quarter dollars and $134,000 in dimes,"" making a
total of ;; $622,000; * The • coinage for • Philippine
account consisted of : 1,188,000 pesos, 77,000 pesos
Ltv2o 'centavo - pieces •« and 7,000 pesos in. 10
centaro , pieces; >: In ; December, j 1900. there was
no American : money, coined; j the | lnstitution | being
engaged ', exclusively 'in 5 turning out 50 ; centavo
pieces : for the Mexican -government, the amount
coined being equivalent [to 2,046,000 pesos. .. The
output- for. the correspond lug month \u25a0 in j 1905 con
sisted of $1,150,000. In,. American money and
122,000 Philippine ; silver pesos." '
1 Receipts of Duties
-" The receipts . of : duties on imports at • the ; San
Francisco custom house in December were $631,
123;.-against ' $1,024,176 •-. for . the \u25a0 corresponding
month ; of ; 1806. ; The ' total receipts ; for the year
ending \u25a0 December 31 " were %\u25a0 $8,183,017, against
39,091,484 , for i 1906. The foregoing ; figures do
not include custom bouse fees or the duties paid;
on : merchandise \u25a0 Imported .. from the Philippine I
Islands. . • . ;•:.- j\u25a0\u25a0 : \u25a0\u25a0 j „
"\u25a0 Loans, . Exphaoge and - Silver
;- : '- : :«''^',-.V; LOCAL' '; • J ' -' '\u25a0\u25a0' -
Prime . mercantile > paper .*..;...-. 6Q7 per cent
Loans on real estate ............ 6688 per cent
Sterling exchange, 60 day 5..:.... —©4:80% .-
Sterling exchange, sight . :. . ... .V— fg;4.S5
Sterling exchange, cables;.....;. — <j54. 86
Xew York ; exchange, • sight j. .... . — fcflOc dis. -
Xew York exchange, telegraphic...— @Par
Hongkong . exchange •' . . ; ..... — @ 45
Silver, per ounce.:..;.;. 1 .;:....-. —«a 5414
Mexican dollars, norn (see X. V.) —@—
:; - "-.CONTINENTAL \u25a0'-\u25a0\u25a0:
Xew -, York on Paris ..............;.. 518 Vi
New . York- on . Mexico . . .v 1......."..:. '• 201 fcj
Paris' on ; L0nd0n.'. . ........ ......... . .'; .'t*. .25.15 :
Berlin on London.. \u25a0.'.;...-.\u25a0....... .X'.'J^-.SO.SO'/i
'. THE SAVINGS BAXKS'DIVIDE>a>S '
Interest on : savings 'deposits ' in i'therf savings
banks of San -Francisco and similar deposits In
some commercial, banks; in this city for the six
months ending December 31. 1907, ; are now pay
able at the following rates per annum: " :
-Banks — . ' Ordinary. : Term.
Columbus savings....;. ....3.60 ....
French .......;..; 3.81 ....
German .7. ............. V....... .. S.BO ....
Hibernia '.;....................... 3.75 ....
Humboldt ......;.... 3.90 ...;
Mechanics , . : 3.75
Metropolis -•.... ......*.... 4.00
Mission :...... ..........;.. 3.7.% ....
Mission biancli Anglo-Californian. . . 4.00' ....
Mutual n ..:.: ;. . . . . ... . . .......... 3.75
San Francisco savings, nn10n.. .:... 3.75 "\u25a0 4.10
Scandivanlan ...;....... 3.75 4.00
Security -.•:.\u25a0........'.........'. ..... 4.00 ;...
Tlie Kariugs and I.van 8.80 -..:.
Banca Popolare . '. .-.-..\u25a0. .-. ...... 8.80
Bank of 1ta1y................. 3.80 .:..
Central Trust :. 3.75 4.00
Italian-American ;.......... 4.00 ......
Market' Street v bank ;..... 3.50 4.00
Renters" loan, and trust company.;. 4. <h) \u25a0 ....
State l ,- savings:-. ..:.. ". 4.00 .;.;
Swiss-American .. .V. 3.fiO _; "4.«0
Union 'trust ..;...-..\u25a0......... 3..V) 3.60
Pacific States ...; 5.1K». ....
Wheat ;and Other Grains
\u25a0' Wheat— Chicago: adTanced ,l«»eon-bullish for
eign ,-\u25a0 adTices and reported: speculation broaden
ing 1 and ; the leaders baying. Russian cables > re
ported heavy ; freezing , in '• the southern districts,
withotit "any ; snow making the crop
prospe<:is: poor. ; Argentine cables reported heavy
weather in. Rahln Blanca. \u25a0 Minneapolis
reported an eager demand for cash wheat. \u25a0? ".
.; The \u25a0 San Francisco ,' market • continued; dull,
with air conditions 'as. previously stated.' Futures
were 214 c higher! *•'. .
- CASH WHEAT . C--
California club.'J $1.67>i@1.72«4; d«* milling.
$1.70'51.72»i; California white Australian, $1.75
©1.82^4; lower grades of California, $1.60(§>1.65;
northern club,': $1 .6.V6 1 .72 Vi ; ' northern \u25a0 bluestem,
$1.75(§;1.77%; northern red; $1.62%@1.70^per
Xo tr.inractionn.
- -.. i.2 p. m. Session.:
. May— sl.63*4'- hid; $1.6614 asked.
-Barley-^Recelpts . over = the. holiday ; were light.
Tbe \u25a0 new . year,, opened Tery ', quietly,.- with -no
: sales " of , cash : grain - reported on change: A line
lof 2,000, etls ; came down from Oregon. Futures
i were ' somewhat higher. " \u25a0 " : .
! , CASH- BARLEY \u25a0
:';Good to .choice -feed, spot,- $1.50(i1.55: com
mon to: fair, $1.47y.fe1.4894 per ctl:, brewing.
! $1.60<gi1.65: shipping, - $1.57^4(81.60 per ctl;
Chevalier, -nominal- at $1.75@1.55 per ctl. '.
: \u0084\u25a0; • ' FUTURES
10.30 i a.' m. So«sicn
\u25a0-. . ; ' Open.- -HiKli. Low. Close.
May ;.., ...$1.54 $1.54 51.53 $1,531/3
. 2 p; m. Session.
Mar— .*l;s4.- . .
.v. Oats— Yesterday's receipts Included - 2,995 ctls
from .the- north: The market. continued dull and
devoid of 4 feature. > V
• : . Good :to choice^ red. for seed, \u25a0 $1.90@2.10: for
feed,'.sl.Bs@r.oO; white. $1.55@1.60 for Xo. 1
and ., 51.65(g1.70 '»\u25a0 for •• extra . choice; » good '. clean
black - for.= seed, > $2.50@3; \ gray, ' $1.55(^1.70 per
cental. '-. :• - . >..-..\u25a0 .' . . - ,
- Corn— As usual. there Is nothing new to report
in - this .market: : 7 -•••.. x"-;
,: c California • small round yellow, nominal, -none
offering; \u25a0 large yellow, :\u25a0 $1.65; white. ' nominal;
western state yellow, sacked; 01d,. 51.62^4@1.63;
in :\u25a0- bulk,*-" San . Francisco -track, ' $1.55: , white,
$1.55; mixed;.' $1.52; : : new * yellow.: $1.47; ' white
Egyptian, . $1.35; \u0084 brown ' Egyptian, \u25a0•• $1.40 - per
1 1 iihii -^iipi^jriyim|mgtT]^fiji^nrrjoliV'i(priQ»i>)f
" Rye— California, $1.45; Utah, $i:40@1. 45; Or
egon, $I.4s 'per ctl.
'}''\u25a0, Flour and ' Farinaceous Goods •
.-.,-tFiour— California \u25a0 family"; extras. $5.40@6 net;
without; discount: .-bakers'. ; : extras,* $5.40^5.65;
superflne.'i $4.20@4.50; \u25a0> Oregon and '\u25a0 Washington,
per bbl. $1.75<g 1 5.25 ' for •family,': bakers* and pat
ents; \u25a0 and f $4.20@j4.50 for cut ; off. \u25a0: Kansas pat
ents, SanFranciseo track; $6; Dakota, $6.30 per
bbl. ... 1 - f-;\ .-„ r.-'---. --r- , '\u25a0- -- . \u25a0 - -;.-\u25a0;
v .' Farinaceous , Goods— Prices in packages, » net
ca.«h.i no discount;- are as . follows: .- Graham'- fioiir;
$3 per 100 lbs; -rye flour.'i $3.40: rye meal. $3.20;
rice .'\u25a0 flour.'; $7.20: * corn meal, $2.75; > extra 'cream
do.'- $3.40; oat mea1. , 54.10:. oat groats;. $4.30;
hominy,:- $3.40@3.60; . ; buckwheat • flour, "r S4 ;
cracked ; wheat. 53. 50; farina. $4.20: whole wheat
flour. $3.2o^rolled oats.' bbls $CQ7.25, In! sacks
$6.25@6.75 ; * rolled ? wheat. v bbls $4.30, :In sacks
$3.Bo;!pearll>arl«:y, $5.40; -split -peas; boxes, $6;
green peas,^ $5 per 100 ; lbs.
' :Hay- v and;Feedstuflrs ' \u25a0
\u25a0All conditions \u25a0 under -this 'head' remain, as be
fore.} Hay. is weak and ; dull.': with sellers making
concessions \ to ] effect . sales." Feedstuffs ' rule : firm.
"'--The 1 : circular .-of *Somers;&;. Co.". says ;of I hay:
"Arrivals , of ;bsy- have < been .very -heavy \u25a0 for the
holiday 1 season.-, the , total . for 4 the \ week « ending
today, 1 amount Ing >to \u25a0" 4.040" tons. -;in .. coniparisuu
with -but'- 2.550 ; tons • for ;• the . .week preceding;
Asia \u25a0; general role/. -we ; experience ,' a \u25a0 very • quiet
market : Christmas time.' v and \ with ; present condi
tions \u25a0.'this \ fact. % was . very noticeable " this year.
Therefore; • althongh :• . bay i \u25a0'. showed " some . : recov
ery, abont/ ten-- days -ago, • yet' during-.: the,-. past
four ..or/ flTerdavs "there. has -been «a v decidetl
weaker feeling -again.' lt -is generally anticipated
that \u25a0\u25a0 with Mhe> turn « of ; the year.' a > better tratle
and' corresponding; better prices iwill: be f noted. '
< ;'.'A-. continuance .-of , light rains ;has < naturally
done ' its 5 part 5 toward C insuring ' a - prosperous sea*-'
son ; for..; 1905.? although > It' is far . too ? early .as
yet sto . anticipate | concerning the | new j crop.jThe
effectiof *the'rain| atsi present 'rather' helps- the
weakness i \n : hay. Our, total "rainfall - thus v far
has I beeen below, the ; average," but 1 1 Is the ' later
showers; that: really, regulate- the amount : of . our
Crops.'ii .:\u25a0\u25a0:.\u25a0. \u25a0\u25a0;\u25a0: , - / \u25a0;'• ..;:-. ,- ,', - .
'\u25a0'\u25a0\u25a0 Bran— s2B@29.so per. ton. .
r MMdlings^-$31@32 per ton.-!
v. Shorts— s2B.so@3o per ton.
< , FeedstuffK — Rolled i barley. $35(536: rolled' oats
for,S feed, ? $40 ; 5 chopped " feed,"- $20©24 ; •\u25a0 oilcake
meal/Jin' 20 ton -lots $3S.so; ! in 10 ton 1 lots $39. 5
ton? lots j $39.50;; cocoanut. cake- or ' meal at i mills.
$25 in 10 and $25.50 ln's,ton lots.. Jobbing $26;
corn j meal; r $37; \u25a0;, cracked * corn. $3S; * broom f corn
seed, 90c@$l* per. ctl ; : alfalfa • meal, carload lots,
$22;j jobbing $23 per: ton; mealfalfa, "S2l.6o; job
bing, $22.50.-; v- %--i -;.-\u25a0\u25a0/.\u25a0«-- - • .
-.Hay— Wheat. 1 $12@17.50: wheat and oat. $12®
IB ; tame oa t, > sll «,J6 ; >olunteer . wild oat,' 810Q
13.50; T alfalfa,.s9@l4; stock," $S(SilO.
:Straw-^4s@Bsc per bale. \u25a0-...• -";.:\u25a0', t
Beans and i Seed*
There Is 'nothing new -to report; in thes» mar
kets. r \u25a0.-V.'.-;',>' 1 -. \u25a0•\u25a0\u25a0\u25a0 .- '.i .---I, \T .~\..\\ ... '
Beans: (per ctl)— Bayos; $3.15(83.25: pea. $3.50
@8.60; \u25a0 small white. $3.4»)@3.50;. large, white,
*3.20@3.40: j)lnk,l $3.10<g3.20; > red. $3.25@3.50;
llmas, $4.75@5: '. red J kidneys.: $3.'J5©3.33;-black
eyes,.: $3.75: « horse t beans.",, $2.25<82.75 ; E cranberry
beanß.'.s2.7s@3.1 > 5;i0arvan2a5.~53.50<33.75 •
, v Seeds— Brown Jinu«»ard,\sS@3.so;,- yellow" mus
tard."! $5@5.50;/fiax9«ed." $2.75; ; cans rr,'39i(a4c >
alfalfa.-'lst4(@l6%c;irape. clean«i.!2f4@3c;rtlm- ;
othy.'l noniina I ; S hemp,;* 4 JJ @4 %c; . millet;, 2 « @
2Vjc:perilb:ibroom!cornlseed;«slß(32o periton .-•
t>; Dried iPeas-^Jreen; are quoted" at' s2. 7sQ;3 and
Nilesat $U7s@2;per,ctl. \u25a0 . . . .\u25a0; .
' , Potatoes, Onions and Vegetables
<$ As . Is f nearly » always 1 , the T case'on i the! day h'm
medlately^following^theTXew^Tear holidar the
market \ for potatoes : and • onions was rexceedlngly
dull.'i as . ; moat buyers, were I aaxlous ';to clean up
carried tj over^i stocks ?. b«f ore » making - anT -new
purehases.Xj Despite S the slack5 lack g oorf rrr [ business x the
uppers grades i of > both \u25a0 were J firm. ; supplies } being
comparatively^ light.* WhUei common^ to ; cholcf
offerings were plentiful and .weak. V Miscellaneous
yegetables \u25a0 shared c the .: dullness . which ? dominated
the s potato 4 market. .• and < although r arriTals ; were
Jight.-f prices : for southern ; produce j were inclined
£9 Potatoes— Salinas ' Burbanks. ii ' $ii2s@l '50 ncr
.ctl^OreKm^Burbmnks.-^ *l<ai.2s perfctlA ri?er
@^p«fcU^ °^:^ : I'^V.P?*".^'' ':. !=
r.;-Onlons-^-sl.Ss@2 . per'<Vtl.' ~' ~-~i \u25a0'\u25a0 '
?iVegetabjes^Green»peas,l:3(36c'*per ilbittoma-'
toes.finominal: I string .iO(ai2»ie!i ner^lb
•B<il2V4C iper r lb;^hothouse >-; cucumbers, \u25a0.$1®1.25. $1®1.25
per doien;-green peppers.* 4 /g 7c per. lb;- garlic. 1
o<37cper lb;icelpry. $1.50@2 for large and 75c
§11 for small crates; .cabbage. , 75c per etl;
cauliflower. ' 00c per dozen: --• carrot*,. -75c per ]
-sack;-- turnips. 75c per sack. T>@l3c per lb;-mar
rowfat and Hubbard squash. $10<g20 per ton. ;
Poultry and Game>
." Three ; cars : of western chickens that came to
h«nd en Wednesday ' were : marketed = yesterday
and met. with a steady call at satisfactory prices.
Receipts of chickens from domestic points orer
the holiday, were light and were promptly closed
out, fat beary hens «nd large, young roosters
particularly, being >\u25a0 wanted. , There = were about
10 cases of dressed turkeys recelyed. bat ther»
was rery " little , demand for them and recelTers
were- obliged to tut i prices ' sharply .to effect
clearances. Lire tnrkeys. too, were neglected
and lower. -\u25a0 Receipts of game. Including Wedneg
day"s arriTals. wrr<» nearly 300 sacks, and as
there ' was \u25a0 rery little demand prices were lower
all around. \u25a0- ': ;
Poultry (per dozen)— Hens, $4.50@3 for small.
$B@7.' for - large - and $7@9 • for extras; old j
roosters. -s4@s; young - roosters. \56.50@7.50; do;
extra large. $7.50@0; fryers, $s<g:6: large broil
ers. $4.50(^5: small broUers. $3(83.50: ducks. $1)
@7- for. young, and $4@5 for old; pigeons. $1@
1.25; squabs, $2.50@3.M; geese, *2.50©3 per
pair.:-' ...->.-..-., -'\u25a0,\u25a0' • - \u25a0
. Turkeys, (per pounti) — Dressed, 17 '320c; lUe,
17®20c. •
• Game (per dozen)— Mallard dicks. $3.50® \u25a0\u2666 :
canvasbacks, $3©6; sprig, $2.50Q3; teal. $1.25
fU.SO; widgeon. H.r.0Mi.75; small, $1.25@1.50;
«ray geese. $3^(3.50; white geese. $1.23@2;
brant, $2@2.50 for large and $1.50<g1.75 for
small; hare, $2@2.2.%; cottontail rabbits, $2.00.
Butter, Cherae aad Ecks
The only change In. the quotations under this
head was in eggs, the extra grade of fresh stock,
being; marked down 2c a dozen to 40c, 0n the
exchange. The demand was les* urgent than
on Tueaday and jeceiTers were obliged to force
the price down to dispose of the receipts, which
were quite heaTy. Business In batter and cheese
was of fair proportions for a day following a
holiday and prices ; for fresh stock were' main
tained, .the best hotter being quite nnn. Storage
goods were inactlTe snd weak. ;
.Trading on tbe exchange was confined to fresh
extra eggs, the sales being as follows: 15 cases
at 42c, 5 at 41HC 10 at 41e. 5 at.4pVic and 5
Receipts were 52,000 lbs - butter. 64,200 lbs
cheese and. 669 cases eggs. . ' . <
The following are the official quotations as es
tablished by sales, bids acd oilers on the floor of
the dairy ; exchange. Prices on the street, while
governed 'by the exchange quotations, generally
range from l*4c to 2c higher, owing to the Ta
rious charges. to be added: :.
Butter— Fresh ,1 creamery extras, 33c per lb,
firm: do firsts,: 31c, steady; do seconds. 25c,
steady ; do thirds, 24c, steady. California storage
extras, 2414 c. weak: do firsts, 23 54*. weak; do
seconds, 22;^... weak: eastern storage weak at
24 Vi<-' for extras, 23^4e for . firsts .\u25a0 and 23c for
seconds; eastern storage* ladles weak at 20c for
extras and 10c for firsts.
Cheose^ — Fancy California new flats, 13c per lb.
steady; do firsts,' 14c, steady; fancy new Young
Americas. 16c.' weak; do first*, 14 >ic weak;
fancy Oregon, I S^c, weak; fancy eastern, 18% c,
steady; storage goods,. New York, fancy, 17i4c
steady; I fancy California flats, 15c,* steady; do
firsts, 14 \<ic, steady: -fancy Oregon, 15c. weak;
' fancy Younc Americas, Js!ic steady.
'\u25a0Eggs — California fresh-extras. 4l>c ; per dozen,
steady ; \u25a0do firsts. :. 3Sc. weak ; .do - seconds. 30c.
weak ; California storage \u25a0 extras, 2Sc. wt^tk ; do
IL-sts,' 24c. weak: do seconds, 17c." weak; east
ern - storage : extras. 22c. weak; do firsts, . 19c,
weak; do seconds, 14c weak. .
... ;, -Deciduous and Citrii* Fruits
-' Dullness rontinncd to dominate - the market
for fresh fniits.; there being : Tery little demand
for anything, -and -sales of, orange* and apples,
which are the . only • articles - for which there is
any marked consumptive demand. at this; time,'
were few . and small. Several cars of oranges
came to hand and were added to the supply al
ready, at the stores. Despite the recent adTanc*
in f . '. 0. .- b. rates; asking prices here are *no
higher as yet. . Lemons and limes were weak fea
tures of, the market, and .original- packages of
the latter were freely offered at Concessions.
Apples (per box) — Fancy, $2Q2.50 ( for Spitz
enborgs and $1.25(^2 for other Tarleties; -com
mon to choice, tfOc@sl; Christmas apples, $1@
2.50.: -\u25a0;.\u25a0'..- ,-;.r' .\u25a0 -
Pears— Winter "Nellis. $2@2.25 per box.
, Citrus Fruits (per box)— Navel oranges, $1.75
@2 - for fancy and' $1.25<51.75 for standard
and choice; seedlings, $1@1. 50: tangerines. 75Q
85c \u25a0\u25a0 for- small and $1@1.25 for large boxes;
lemons. $2..v»(q:{ for fancy; $1.50@2 for choice
and 75c@1.25 for standard: grapefruit, $2.50@3
for seedless and $1.25@1.75 for common; limes
(repacked.!, $3.5004. .
-Tropical ' Fruits — Bananas. $1.25*3:2 .per bnnch
I for Hawaiian and $2.50(^3.50 for Central Amer
ican ; pineapples, $2.50-^3.50 per. dozen.
' \u25a0:•\u25a0- \u25a0;.-\u25a0\u25a0' '\u25a0-\u25a0> \u25a0 - \u0084" ' \u25a0 (\u25a0 1 l-..-
Dried Fruits," Raisins, Nuts- aad Honey
\u25a0* A - new X York broker '\u25a0 says of ; prunes : , "I ; am
that we -shall see s much better market
for . California prunes In January. It cannot . be
doubted that the supply on the coa*i falls very
far short of the average - holdings there for
tills season of the year.' and the fact: that local
Jobbers ' have been buying right along; though
in small, quantities, is sufficient * evidence that
they are . short : of stock; . My advices from the
west and from Xew England points are all to the
same • effect. :. There are .no - stocks In jobbers'
; hands.". : '."\u25a0 *
i•- Fruits — Apricots, 18@21c; fancy Moorparks.
21 <3~c;. evaporated apples, S^HVic: pears, 11@
14c: peaches, 10@12c for good to fancy and l'j
@13c for Mulrs;. flgs, 3i4@4>4c for white and
3'3"U<-' for black: pitted plums, nominal; prunes.
4 size basis. 3 s ; @4>;c per. lb.
Raisins *(f .*, \u25a0o. .b. \ Fresno) — 2 crown, sc: 3
crown, :5',4c; .4 crown; s*ic;* seeded, 7U(g.7>ic:
seedless sultanas,- 6H@7^c, and $1.53@1.40 for
London : layers , and . $"_»*<\u25a0" for.' clusters.
.:\u25a0 Xuts— Almonds;, nonpareils, 13Va@15c; I XL,
13@14c;lne,plusultra. 12}, @13c; Drakes. ll@
12c; Languedocs, 10® lie; hardshells,' 7'3Sc.
Walnuts — 15c per lb for Xo. 1 ttoftsheU and 12e
for Xo. 2 do;sl4^4e for Xo. 1 hardshell and
lli;o for. Xo; r 2 do; Italian chestnut.*, 10®12Uc
per lb. \u25a0-\u25a0• \u25a0; ."
' Honey — Water white, comb. '16@17e: \u25a0 white,
15c; water white, extracted." B@Btic;- light am
ber, 7@7%c> no dark v amber offeriag.
Provisions
General conditions' remain unchanged, vwltfl a
quiet- market. \u25a0 - .
-Cured .-Meats — Bacon. \u25a0; 14c lb for" heaTy,'
14%c. f0r light medium.' 16^4c for light. 17c for
extra 'light and'lßH@2lc for sugar cured; extra
light sugar cured, 21@22t£e; . dry salted sides,
14c; bellies,- 14c; .eastern = sugar cured hams,
15c for . heaTy .' and * 15^4 for light; : California
hams, 14^j<ai5c; mess beef, $9 per bbl; extra
mess, » $9.50; ;\u25a0 family, . $10; 'prime mess pork,
$23; extra Wear, tit; raw, $25: pig pork, $28;
pigs' ii feet. $6 for half bbla, $3.10 for quarter
bbls and $1.35 for kits; smoked beef. 14c per lb.
, Lard — Tierces . quoted :- at 9c for California
compound. -0c ' for eastern - compound > and '11 Ue
for; pare;.' half i bbls, pure. . ll?4cT BO lo tins,
il?4c: 10 -Ib>Uns,:i2>ic; 5 lb Una, 12«4c; 3 lb
tins. -12% C. \u25a0:,:,.\u25a0\u25a0-:: " ... . . ....
:Cottolene— One .half barrel. 10 Tic; three half
larrels,vio?;c: one tlere?, 10»»c; two tierces.
10»4c; five .tierces, 10»ic.
. " ; Hides, Tallorv, Wool and Hops
Local, hop say that the widespread
prohibition mOTement In the east and the high
prices for. malt are cutting down the demand for
bops.: materially. '"\u25a0-\u25a0:\u25a0 Otherwise there is - nothing
•new. In, the: situation. ' ...'\u25a0\u25a0\u25a0, ..-. . . \u25a0
V' Hides— Culls and, brands sell about un
der, quotations. v.UeaTy salted steers; Sc; medi
um. 7c; \u25a0 light. , 6c; cow hides. 6c for heavy, 6c
for. light: stags. 3c: ; salted kip, 6c; salted Teal,
7c: salted calf." 10c: '•\u25a0 dry hides. 12c; dry" kip.
12c; 1 dry. calf. • 16e; '. dry stags. . 9@loc; Mexican
dry hide*.' lie; Mexican dry salted do. 8c: Mex
ican pickled - do, ; 9c ; ; sheepsk ins, , shearings, 10*©
40c each; ; short wool. 40@60c \u25a0\u25a0\u25a0 each: • medlnm.
65<a90e:i long wool. !$1(g1.25; lambs, 2OQ4oc
horse hides, salt, '$1.50<g2.50 for large. $1.50
for medium. 50c® $1 for small and 25c for colts:
horse. hides, dry, $1.30(32.25 for large and $1Q
1.50 for medium,- Boc@sl< for small and 25c for
coltstt deerskins; dry; Mexican; 25c; dry'salt do,
18c; pickled do,; 20c: goatskins, prime ; angora,
75e@$l ; , large -; hair icoats, 30® 50c; mediums
20@40c; k small, s@lsc. v- - s - -'.
i Tallow — No.M rendered. 4Q4«c; Xol 2 3ia4c
grease,-) 2@3c. .>- •;-)•\u25a0'\u25a0; -\u0084--- . ' \u0084.;
ir-Wool — Spring -clip. . Hamboldt and Mendodno
year's ; staple. 22©23 c ;; fall \ clip— northern free
mountain., B«ailc;> do defective. 6©Sc:i.Ban
Joaquin and southern, s@Sc; according ito shrink
age and defeets;,fan lambs. 1 9@llc for northern
and » ©S'/Se; for., southern ;-Xerada, 12@16c Der
pound. -- • . . ; \u25a0\u25a0 " ; .. :., .
o Jl ops r7«S- lc " to growers' are as follows: 1906.
2@3c: 1907 C0p. 4@9c -for all coast descripl
tlons: lOOSs are bring contracted at 10@llc a
pound. {\u25a0•_. 1 - " . •\u25a0 •>
Meat ' Market :
' w »» nothing new reported in the market
VCIV C 1 \u25a0.. i ; DRESSED MEATS. ,V' .
Slangh^eren.' rates to dealers are as fallows : \u25a0:
Beef— .@,J.4c per lb \u25a0 for. steers. s@6t; c for
cows and heifers. ;:• . - , '*
ea A~ 7I ' i ,f-Er,, fot ltrKe " nd 9 @loe for small.
iMutton— 10-@llc; for,- wethers, :; . »V4@lOe -for
Dreesed Beef— lOi|lle per lb.
_. -I' - LIVESTOCK v MARKETS. V. , -" V; -
liTestockdfliTeredJn San'Francisco^less 50 p«r
cent shrinkage, for cattle: :*\u25a0 . F
-^Wu" 1 -^! 1 ; SQSHc;" second quaUty.'
fti«^ C: > thir^ J"»llt.V6<a6^::cows and helferV
8% ©Jc^ for , No. ; 1 : second quality; 5?4 @«c : third
«• 8 *. I**'1 **' lb for^ "«ht. 4Hc for mediuni
and 3fc@<e for, heaTy (gross weight).
"iSbeep— -Wethers," s®s&e per lb; ewes, 4UASc
(gross weight); - ?,*•,. . - '\u25a0'\u25a0-
r^Lambii— 6@6!4c per:lb.» - -'.
i_*Hogs—^loo: to 200 lbs, 6@6V«c: 200 to 300 lbs.'
S<as%c: boars BO percent, stags 30@40 per cent
and sow»»10<320 per cent off from above quota
tions.-, '.-..- • :; • .-,\u25a0 , ••: -:\u25a0--• \u25a0
-. \u25a0'».. General Mercbandine
' Bag's— San'T Qiientin^' 7?; c; 'grain " bags.' ' 7 «'a
i'jC. Jrmes. and'jJnly: wool bags.- 42ii$i44c
fleeee twine. •* lie per ,lb. ' '
-TS.Cost-^Pennsylvania anthracite," egg, - $16; : Wel
lington. :sl2*per.i ton: Xcw., Wellington, *12:.C<>09
Bay,^slo:?Rlcl>moml."sl2:rCnn*erUnd.* $U- In
bulk *nd $15.50 in «aci^; Welsh anthracite," sls;
coke. $17 ' per ton in bulk ami $19 in sacks;
Rocky; Mountain, nominal.
. Oils — Quotations are for barrels. Unseed,.
53c per. gallon for boiled and 51c for raw: ease*
•><\u25a0 more; castor oil. la cases No. 1. 75c; Baker's
AA. cases, -$1.25%51.30; lwol. 50.; for boiled
and 4Sc for raw; China not. cases. 7«^S6c per
gallon; -cocoannt offr In barrela. 60@63%c for
XXX, 37%@61e for No. 1 and 35@55%c f..«r No.
2, according to, quality; extra breached winter
sperm ' oil, 60c; . natural winter sperm oil. . 65c;
natural . whale oil, 55c: extra winter stralnerl
lard oil, 90c; No. 1 lard oU. 75c; pare neats
foot oil, SOc; No. 1 neafsfoot oil, 65c; herrin?
oil. 40c:- salmon oil, 33c; boiled flsh oil, 33c;
paint oil. 33c.
Coal OU. Gasoline, etc.— Water white coal oil
from tank wagons, . lOQUc; special da. 12c:
pearl oil In eases. ,17e; astral, 17c; star. 17c:
extra star, 20c; Elaine. 2«% c; eocene." 20c: red
crown gasoline. In bnlk 17c. in eases 24c; No. 1
engine distillate in Iron barrels or dnaas; B%c;
No. 2 do. 7t*e. cases 7c more: 86 degree gaso
line. In bulk 30c, In cases 37%e; motor gaso
line. la, bulk 17c. ease-* 24c; napbtoa. to bulk
10c. cases 17 %c.
Turpentine— 6Bo per gallon in cases and 61c la
drums and Iron barrels.
Roam. (per bbla of L'Bo pounds)— E, $6.80; **,
$7: O. $7.05: H. $7.15- 1. $7.25.
R«d and White Lead— Red lead. B%Q9c per
ib; white lead, Btf|3%e. according to quantity.
Svgar — The Western sugar refining > companT
quotes as follows, terms net cash: Cnbes anJ
A crushed. 3.50 c; powdered. 5.33 c; candy granu
lated. 5.35e; . fine fruit or coarse granulated.
3.25 c: beet granulated (100 lb bags only). 3.03 c;
confectioners* A. 5.25 c; magnolia A. 4.95 c; extra
! C. 4.75 c; golden C, 4.63 c: D. 4.35 c; H. * B.
crystal dominoes, 8.65 c; tablets, half bbla. 3.73 c;
boxes" 6c. per lb. Barrels and SO K> bags 10c.
half bbls 25c and boxes 50c more per 100 lba
for all gradss. .No orders taken for Ism thao 75
barrels or Its equivalent Beet sugar, ."Mon
arch", brand, is quoted over and aboTe tlie pric*
of . standard fine (cane) granulated In 100 ' 1!>
bags, as follows: Bags. 100 lbs, 33c; barrels.
45c; half barrels, We; 40 lb tins, cased, $2.05;
Receipts of Produce
' -FOR THURSDAY, JANCART 3
Flour, qr sks B,34o;Leather. mtls ... 90
Wheat. ctl» .... 710«Taltow. ctl» .... TO
Barley, ctls .... I,s2s: Hides. No 885
Oats, ctls ...... 2. «2o[ Pelts. No .135
Beans, sks ...... 1,000 Urne. bbls 900
Rye. ctls 39<M Sugar, ctls .....3.100
Middlings, sks .. 2801 Brandy, gals ....7.000
l'otatoes. sks ... S.33otWlne. gals 37.200
Onions. »ks 300ILnmber. M ft./.. ,6O
Hay., tons ...... 835| Raisins, bxa .... 30rt
Hops, bales 2: Oranges. bx» .... 2.400
Feed, sks 730 OU. bbls 33<>
Corn meal, sks. 800 Honey, case* ... 33
Eariey. ctls .... 2,0001 flborts. ak» Z'.'.'i' t£Z3
Oats, ctls l.«93iFeed. ska ..;....- 828
Potatoes, sks ... 2861,
Floor, qr sks.... 2,836j0.it5. .*c'tl« ...... 1.500
Wheat, etls 43018 an, sks 1.3U7
BBimi Wfr- WESTERN STATES
Corn meal, «tls 50Q
THE STOCK MARKET
Southern .Nevada* Weak.. at a Decline—
, More Dolnic In Local Bonds
There was . an Unproved condition in bonds on
tbe stock, and bond exchange yesterday, the
movement amounting to $62,000. th« largest for
some weeks. There was also more tone to
stocks, with higher quotations for Alaska Pack
ers. Hutc-bf nson sugar and Pacific lighting.
There was no general trend In the Cbnutock*.
some- being firmer -and others weaker, .as will
be seen.
There was more actlTlty in the southern Ne-
Tadas. but It was of a negatiT* character, a*
the whole list was weak and lower, wits {be
leaders closing at the lowest points of the day.
There was no striking news from the mines.
The following bond* were ex-coupon yesterday:
Alameda 'artesian water company, 5 per cent.
$2.50; California Street Cable railroad. 3 per
cent. .' $2.50; Contra Costa water, 5 per cent.
$2.50; • Contra Costa general mortgage. 5 per
cent. $2.50; Los Angeles electric. 5 per cent.
$2.50; Los Angeles gas and electric. 5 per cent.
$2.50; Market Street cable. 6 per cent. $3; North
Pacific Cflast railroad. 5 per cent. $2.50; Oak
land'transit, 5 per cent, $2.50; Oakland transit
consolidated. 5 per cent, $2.50: Oakland traction
consolidated. \u25a0 5 per cent. $2.50: Oakland water,
5 per cent. $2.50; Oceanic steamship (July, 1907 \u25ba.
5 p«r eent. -s2.so:' Pacific electric rail-way. 5 per
cent. $2.50: Pacific light and power. 5 per eenf.
$2.50; Pacific telephone and telegraph. 5 per
cent. $2.50; Park and Cliff llnus.\ 6 per c«»t. £k
Park and Ocean railroad. 6 per cent. $3; San •
Francisco, Oakland and San Jose railway. 5 per
cent. $2.50; San Francisco, Oakland and San Jose
second mortgage. 5 per cent. $2.50; ' Southern
Pacific of Arizona tlJ*Ji'»-19l(j>, 6 per cent. $3:
Southern Pacific railroad first refunding. 4 pel
cent. $3; United gas and : electric. 3 per cent,
$2.50. . : \u25a0- ......
. - Brookshir* ot! was ex dividend of 4c yes
terday.
The Xew Mria quicksilver • mlninc conrpsuy
has declared a regular quarterly dividend of I<>c
: per share, payable January 1.
; The Florence. dividend of 10 cents per share
I wa* payable to stock holders yesterday. ..
, The. Giant powder co.npany consolidated baa
j declared a regular monthly, dividend oC *t> *nn
l>cr share, ' payable. Jannary I*>.
The Saasta power company of Shasta county
has levied 'an assessment of 15 >*ent9 per share,
delinquent February 6. '
The regular annual meetins of the stock hold
trs of tbe Fireman's Fund Insurance company has
been called for, Jannary 21.
- The Federal trust company, owned by \u25a0 the
; stock holders of tbe First national bank of - Sam
Francisco, and gorerned by the same boartl of
directors, and which has a fully paid up capital
of $1,500,000. will open for business on Monday,
January 9. at 115 Sansome street near Bush.
The company will do a general trust buslnevjt.
. Time certificates cairytng a conservative rate of
; Interest will be issued and Interest bearing ac
i count* will be received. The board of director*
! and officers Is headed by Rodolpb Sprockets aa
I president.
, It ad a and 3 tool t Sales
Sales on the stock and bond exchange la De>
cember were a* follows: .
Bonds-^- •
Cal. G. A E. Gen. M. * CT. $10,000 ..... 68^
Contra Costa Water Co. 5,000f.:... JOO
C.C.» Water Co. Gen. Mtg... t 1.000J..... 89?"
Hawaiian Com. k. Sugar Co.. 5.0001..... 9S'
Los ' Angeles Railway . C 0. .... 6.000 ..... Km
•L. A.-Pac. R. R. Ist C. Mtg. o.OOOt 98% 9ft*?
Market St. Ry. Ist Con Mtg. 2,0001 9S'
Northern Ry, Co. (of Ca1.)... 25.000i10T 107 V,
Northern Paelfic Coast R. R.. 4.000 X.;.. 99*.
Oakland Transit B.ooOf 99 lOOT
Oakland Transit C0n5....... \u25a0 2.000). .... 971 A
Pacific Electric Ry. C 0...... 15,000' 98% 99Uj
Sacramento Elec. G.'* Ry... 16.000|...;. 8»'
3. F. &. San Joaqnin Va1....; 33,00rt|106 108 *
S. F., Oak. & San Jose Ry.'. 9.000J 99 90'f
S. P. R. R. of AxUona.ll9oo> 2t.000i....~ 101
S.* P.: R..R. of Arizona (1910) 23.0n0t10l 10114
S. P. R. R. of Cal. (1912) ... 87.0001 ..... 1103 •
S. P; Branch Ry. of Ca1..... 10.000 117 \ 119U
Spring V. Water Co.. Gen. M. 24,000 iB2 82V
United R. R. of S. F.. ...... 83.000 69 60 ',•
-Water Stocks —
Spring Valley Water Co : 695 20»i 21 M.
\u25a0 Gas and Electric Stock*— •
Pacific Lighting C 0.......... 13..... 66U
Insurance Stocks — ...
Fireman's Fund . „'.'... 150140 145
- Sugar Stocks—^ . ',
Hawaiian Com. & Sugar Co.. 110 ..... 79 "
Honokaa : Suaar , C 0 ..-. -. 50 ;u
Hutchin»on Sugar Plantation . 465 IZ\ 14
Makawelt Sugar Co. _ 50 ..... 2»U
Onomea Sugar C0... v;; _ Ixo 27% 29
Paaohan Sugar .Plantation... 715 13^ 1414
Mlseellaneoua Stocks — ]
Alaska Pacters* Association.. 300 37*1 3!«
Asviciated • 0i1 , C0.... *:...... 50 24X4J 2S
Cal.^ Wine. Awoclatlon-.-. - 90 75, 77 .
Pacific i 'oast Borax Co.'. : 5 ..... 15214
Pac. TeL A Tel.' Co. pfd..... 160 .r... 70
.Pacific Tel; & Tel Co. com... 777 S 10 .
STOCK AND DO.YD EXCHAXCB
THURSDAY.' Jan. " 2—10:302 — 10:30 a. m.
UNITED STATES BONDS
Bid. Ask*. \-~. \T Bid. A«fc.
43 qr cd oew.Htt .... — J-Tn^qr ;e0np...100 —
MISCELLANEOUS BONDS •
Atn A W.Sj. — — " lOak Tr»n.s«i. — lflt"
A<wo -.011-Sn. — SO Do ' Con 3«. — 9S
1 Bar? CPU 3». — »•-% Ok Trae C s*. — -9R
Cal C:G -5». — \u25a0 .-»>»\u25a0\u25a0 O W.gtd Sf«. — 8S«
[Cal G-'*-E « - ' • Oceanic S s*. — —
m.& ct s<t 6S?; ~_ Om Cable 6*. — . 10R
f Cal at C ss. 9-V 100 \u25a0 IPae GIo 4s.— ' -—I r
tCal Win- 3*. — iBSP.E Ry 3<... — . ,0.711
C C'Wat 5». — 9» Pa<r -I-*P-5». — in»>
. Do.tr rait'* — — I'ae TiT 5».. — '100
Ed :L*POB. — * 107 PA C.H.ta. — loo'
j r,*:OtH'6a.— -,—, — P.&O RSn. —
! Gearyst ss.'. 49^i 65 Powell st «».. — - lf*ui
HC & S 3s. Mfc —, Sac EfiiKU.W S»
; Hon B T6c 10* ' SF & SJ VS». 106 107
l.Tahoe Ks — „ — SF.O * SJSh.t— 9714
L A^Elee Ss. — 10.) Do 2dmj.li — *
LAG * El3s. — ...100 5.14 SCR 4^9— __ *
L. A\Ry 5*.. — 107 Sierra R 6*.. — 103
iLALs(rtd-5«. — 101 S P of A 6a
LAP- lcm: 3s. 90&IOO tl90»» ..:.W
LAPiCaI 38.,— f9H (1010> .... 88U -,
Mkl st C.6«. OS 104 S P of C 6»
IVy ;lcm_JS^— r — I tiaigt ....103 __
Stocks and Bonds
- Member Stock and Bond Ixchang«, 438 CaJl'-
forola^L \u0084: Phone Temporary : $15.
Member San' rranetoco Mining J Kxehsn'^

The San Francisco call. [volume], January 03, 1908, Page 14, Image 14
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The San Francisco call. [volume], January 03, 1908, Page 14, Image 14
About The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913