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BUSINESS, COMMERCIAL AND FINANCIAL SECTION 14 NATIONAL BANKS IN SAN FRANCISCO RE-ELECT BOARDS Old Directors Renamed and Two More Added to List of American National BOWLES RESIGNS TO BECOME CHAIRMAN George N. O'Brien Selected As His Successor for the Presidency CLOVIS A. FARNSWORTH Directors were elected by each of the nine national hanks In San Francisco yesterday -with no changes except In the American National, where H. M. A. Miller, vice president of the Presidio and Ferries Railroad company, and John A. Brittorf, first vice president and general manager of the Pacific Gas and Electric company, were added to the list of directors. There were also noteworthy changes in the officers of this bank. P. E. Bowles, president since the organiza tion in 1902, resigned that office and will be designated as chairman of the board, a position created for him by the directors following the annual meeting of the stock holders. He will continue his active connection w.th the bank. As chairman of the board he will have powers' coequal with those of the president, but his duties will be of a wider scope. George N. O'Brien, who has been con nected With the bank for 10 years. serving the last two years as its vice president, was elected president to suc ceed Bowles. Francis Cutting- was re elected vice president, Russell Lowry was advanced from the position of cashier to that of vice president, and IX B. Fuller, formerly assistant cashier, was made cashier. Irving H. Sanborn was re-elected assistant cashier. The directors now Francis Cutting. F. A. Somers, P. E. Bowles. C. EX. Crocker, John A. Britton, James MeNab, Frank 1.. Brown, <:.-tvin McN'ab, George N. O'Brien, 11. M. A. Miller. The president's report was- presented, showing the earnings and disburse ments of the bank in 1912. Dividends at the rate of 7 per cent per annum were paid quarterly during the year. The bank's capital, surplus and un divided profits December SI were $1, --42fi.20«; deposits, $6,035,785, and total resources $8,777,709. BANK OK CALIFORNIA In addition to rn-eleeting Its directors :ficers. the Bank of California de clared its regular quarterly dividend of $2.25 and ,m extra dividend of $1, payable today. These directors were re-elected: .Tara.s M. Allen. Frank B Anderson, William Babcock. C_ttu.es U. Itishop, Warren D Clark, George.E. Goodman, Edward W. Hopkins,' Homer S. Kin*. Charles K. Mcintosh, Irving F. Moulton, Edwin W. Newhall. J. I-eroy Nickel, George A Pope. Jacob Stern, Joseph S. Tobin. Officers were re-elected as follows: Frank B. Anderson, president; Charles R. Bishop and Charles X Mcintosh, vice presidents; Irving F. Moulton. vice president and cashier; Samuel H. Daniels. Arthur L. Black. William R. Pentz. William O. Cullen and Francis W. Wolfe, assistant cashiers: Allen If, CI a... secretary; James I), -biggies, assistant secretary. * * * ANC.LO AND LONDON-PARIS Reports read at the annual meeting of the stock holders of the Anglo and London-Paris National bank showed that the year was one of exceptional prosperity for the institution. The old directors and officers were re elected as follows: Officers — Herbert Fleishhacker. president; Washington Dodge, J. Friedlander and C. F. Hunt, vice presidents- R. Altschul, cashier; G. R. Parker, William 11. High, H. Choynski. G. R Burdick and (J. F. Herr, assistant cashiers; A. I- Langerman. secretary. Directors—sic. Greenebaum, chairman of the board: Raphael Weill. I. N. Sellgman. M. Meyer feld Jr., N. Ohlandt. M. Fleishhacker, R. D. Robbins, A. W. Foster, Herbert Fleishhacker, Washington Dodge. J. C. McKinstry. Albert Meyer. Sig. Stern. J. J. Mack, Jesse W. Lilien thal. William Fries. George A, Newhall, I. Steln hart, G. X. Wendling. * * * WFLI.S FARGO NEVADA NATIONAL At the annual meeting of the stock holders of the Wells Fargo Nevada National Bank of San Francisco di rectors were re-elected as follows: Isalas W. Hellman. I. W. Heliman Jr.. James £*„E lood ' Willlam »-.as. P. W. Van Sicklen, William F. Herrln. Percy T. Morgan. John C, Kirkpa trick. J. Henry Meyer. Joseph Sloss, Hart 'J__ A La~\ A. H. Payson, Henry Rosen/eld. \ Chrlstenson, Charles J. Deering James X Wib son and F. L. Llpman, The board of directors organized and re-elected officers: Isalas W. Hellman. president; I. W. Hellman Jr.. X L. Lipman and James K. Wilson, vice presidents; Frank B. Kine. cashier; W. McGavln R. L Jacobs C. l_ i.avls. A. D. Oliver and a! B. Price, assistant cashiers. The statement showing the condi lon1 on •.?* ,^ e „ c!osP ot business Decem ber 31. 3912, indicated assets amount ing to $4« 888,269.91 against wheh were the folowing liabilities: .. Q"B_*»k88.000.000; surplus and undivided prof, its. $5,022,881.64; sterling credits, etc., $2,091 . 276.63; national bank notes outstanding' $5 9Vi t>r-V reserve for taxes. $!>4.709.71 • deposits '$••7'" Total. $49,838,290.01. t ~ mlß> *-<• » • • . CROCKER NATIONAL At the annual meeting of the Crocker National Bank of San Fran BONDS UND PREFERRED STOCKS LOUIS SLOSS & CO.' Alaska Commercial Building E. F. HUTTON & CO. 4IM) California St. Tel. Douglas 2487 St. Francis Hotel. Tel. DouglaN 30si' Members of New York Stock Exchange Pioneer House 10' Private Wire to Chicago and New York R. E. H V , Manager j. c. wilsoYTco. 31 EM HERS NEW YORK STOCK EXCHANGE M.H YORK COTTON EXCHANGE CHICAGO BOARD OF TRADE THE STOCK AND BONO EXCHANGE SAN FRANCISCO MAIN OFFICE Mills Building;, San Francisco, BRANCH OFFKES —Los Aneelea. San Dies©. Coronado Beach, Portland, Ore., Seattle. Wash., Vancouver, B. C. Private Wire. Chicago, New York. ANGLO AND LONDON PARIS NATIONAL BANK SAN FRANCISCO BOND DEPARTMENT Dealers In Investment Bonds 4 * « clsco, the following were re-elected di rectors and officers: Directors—William H. Crocker, Charles T. Crocker, Henry T. Scott, George W. Scott, A. F. Morrison, Frank G. Drum, C. E. Green, James J. Fagan and W. Gregg Jr. Officers—William H. Crocker, presi dent; C. B. Green. vice president; j James .1. Fagan, vice president: W. ! Gregg Jr.. cashier, and C. F. Baker, Q. \V. Ebner, W. R. Berry, J. B. Mc- CArgar and B. D. Dean, assistant cash ; iors. The business for 1912 showed a sat ' isfactory increase over 1911. * ♦ * I MERCANTILE NATIONAL At the-third annual meeting of the stock holders of Mercantile National Bank of San Francisco at the office of the bank. 104 California street, the re ports presented indicate that the bank enjoyed a prosperous year, during which regular Quarterly dividends, aggregating $200,000, were paid. The following board of directors of the bank was unanimously re-elected: William Babrock. Wakefield Baker. 11. C. Breeden. Warren D. Clark. W. F. Detert, F. G. Drum. Joseph D. Grant Charles B. Green, Joseph Ilrman. John D. Mekee. Ogden Mills, R. H. Pease. K. P. Bobbins, Henry T. Scott. M. S. Wilson. Upon the adjournment of the annual meeting of stock holders, the directors re-elected the following officers of the bank: W. G. Irwin, chairman of the executive com mittee; Henry T. Sc-ott. president; John D. Mc- Kee. vice president and cashier; W. F. Berry, assistant cashier and assistant secretary; O. Ellinguouse, assistant cashier and secretary. * * # FIRST NATIONAL Although no change was made in the directorate of the First National Kink. it is expected that some advancements will be made in the officers at the di rectors' meeting today. J. K. Moffitt is to be advanced from cashier to second vice president. J. H. Skinner is to be advanced from assistant cashier to cashier, and R. R. Yates will probably move up from teller to assistant cashier. The directors re-elected follow: John A. Hooper, J. G. Hooper, Thomas Jen nings. James K. Lynch, Walter S. Martin, J. K. Moffitt. S. O. Murphy, James D. Phelan. Mark L. Keo.ua, J. H. Skluner, Rudolph Spreekels, John W. Van Bergen, Rolla V. Watt, George Whittell, Clinton E. Worden. * * * SEABOARD NATIONAL The Seaboard National received re ports of substantial gains in deposits at its annual meeting of stock holders, the deposits having been $1,260,500 De cember 31, 1911, and $1,476,400 Decem ber 31, 1912. These directors were re elected: Robert J. Tyson, A. S. Car man. Robert Dollar, James Tyson, J. H. Baxter. Allen L Chickering and C. P. Overton. The board will organize today. * ♦ * CENTRAL CALIFORNIA GAS Earnings of the Central California Gas company for last year were in ex cess of twice the bond interest and for the month of December more than two and a half times the bond interest and more than twice the amount required for dividends on the preferred stock. According to President C. S. S. Forney, material is now being delivered for the construction of the transmission sys tem bietween Visalia and Porterville. The William R. Staats company is in receipt of the following statement of the earnings of the Central California Gas company for the month of De cember and the corresponding month of 1911: ,—December 1011 1912 Gross revenue $3,052.55 $4,262.06 Operating expenses, total 2,418.80 1.740.06 Total maintenance. Insurance and taxes 501.52 562.16 Cross earnings 1,032.12 1,y..».54 Ratio gross earnings to gross revenue 2670 45% I - MERCHANTS NATIONAL The Merchants National bank re elected Its directors as follows: George C. Boardman, James C. Eschen. C. A. Hawkins, W. J. Hotel-kiss, Johu M. Keith. Gavin McNub. Alfred L. Meyerstein, Robert Oxnard, Frederick F. Sayre, John H. Spring, Harry N. Stetson, G. H. Umbsen. A. A. Watkins. At the election of officers Harry N. Stetson succeeded C. A. Hawkins as vice president, making the list of offi cers as follows: Alfred L. Meyerstein, president; Harry N. Stetson, vice president; W. W. Jones, cashier; C. C. Campbell, assistant cashier; John H. Spring, vice president; R. B. Murdoch, assistant to president; George Long, assistant cashier; F. W. Judson, assistant cashier. * * * Local bank clearings yesterday were $10,537,527.14. # w * Clearings In Northwestern Cities PORTLAND. Jan. 14.—Clearings, $1,828 594; balances, $93,080. TACOMA, Jan 14.—Clearings, $486,997; bal ances, $35,470. SEATTLE, Jan. 14.—Clearings, $2,059,777; bal ances, $153,850. SPOKANE. Jan. 14.—Clearings, $073,667; bal ances, $100,916 + *. New York Stock List ■♦ — : •- E. F. Hutton A Co., 490 California street, members of the New York Stock exchange, fur nish the following list of bond and stock sales yesterday: Sales ! STOCKS ;High| Low | Bid | Ask 800 Allis-Chalmers ...] 1%, 1 700 Do pfd 5 j 4% C9.700 Amal Copper 72%i 70% 2,000 Amer Beet Sugar, i 367* 35% Do pfd I 11,400 Amer Can 28% 25% 2,800| Do pfd dl6 113% l,700;Amer Car ft Fdryl 52% 52 Do pfd 2,500!Amer Cotton Oil.. 54 52 j Do pfd 300'Amer Hides ft L. 4% 4 Do pfd , 800iAmer Ice Secur.. 21 20% 100 Amer Linseed 10% 10% Do pfd 1,000 Amer Locomotive. 40% 40 f. Do pfd 16,900 Amer Sralt ft Rfg 70 68% 100 Do pfd 100 Amer Sugar 115% 115% Do pfd Amer Steel Fndrs 8,200'Amer Tel & Tel,. 137% 136% 3,600!Amer Tobacco 2*8 276 400j Do pfd 104%]104% 3O0 Amer Woolen 18%, 17% • 900 Do pfd 80 79% COif Anaconda 37% 36% MtoAtlan Coast Line.i 130% 129 e,70oAtih Top A S Fe.'lOJ 104% 200 Do pfd 1101% 101% 4,600'Baltimore & Ohio 105% 1(4% ! Do pfd 2,100'Bethlehcni Steel.. 38 38% 400[ Do pfd 67% 66 8.200] Brklyn Rap Trau. 90% 6,700iCal Petroleum 53% 51% 8.300 Canadian Pacific. 1261 268 Chino Copper j 41%| 41% 6,060}CJleS A: Ohio j 77 75% I lies & Alton.. '. .1 Gt Western.; 16% 16% 500 Do pfd ■ 31 j 31 LOOOCblc A: N WeMtn_M 136% 10,300-Chic Mil A St P. 113% 113% 100 j Do pfd 141 ,141 700 Central Leather. ,j 27 I 26 280 Do pfd :»4 : 84 Cent of N J : 1 j 700C c C ft St I*...1 88 ' 5.': i \ Do pfd ( J j 1,700,Colo Fuel & Iron.: 32% j 31 | i Do pfd I j Colorado Southern; | Do 1st pfd I i : Do 2d pfd : ! 800 Consolidated Gas. |138%fl36%| 800 Corn Products .... 13% 12% 50*.i Do pfd 70 751 Del & Hudson ID & L W ! Wl) ,. R 1; 21 20_ -» Do pfd 38% 88% Diet-ten' Sec... »% 19%! Duluth S 8ft A..'.....!. . I Do pfd 7,408(Brie : 81 1 i» Do 1st pfd i 4H j 47 208 Do 2d pfd j 39 j 38 General Electric. 183% 182 880IGI N'.,rth Ore ' 40 j 3S% 2.70O',Gt Northern pfd.'128% 127 I G. p. Con .1,1 2 lUlBois Central...'l27% 126% 8O0: Inspiration | 16% 16 I 1.500|Interboro--i«t ..; 17% 1714 3,900, Do pfd 611,. 60 " Inter Harvester..] .1 j inter Paper I 11% H «■"•_ Do pfd 46% 48 ! Inter Pump 1 I Do pfd I j Iowa Central .... Do pfd 1.7m. K C Southern | 25'.. 25 380 Dp pfd I 60 89% u «tJ£H *** vm * 7 ••• 182 *» t«o% 100 Liggett & Meyers' . Do pfd j jP- Lorillard Co. ..I.'.'., "f 1 Do pfd I .; 3.900 L & N 1 139% .38,' " iMaekav j Do pfd _'£ i Mexican Central.. . 3.100 Mex Petroleum.. .| 711, g_i_\ Minn ft 8t _..... ' I it pfd . ■" j'40% '70'" --*% ..... ,11 1% , 4% 5 5% i 70% 70% 71 35% 35% 35% 83 88 25% 25% 26 11.1% 113 114 52 51% 52 Ho% 116% 52 52 53 93% 98 4 4 4% 25 26% 20% 20% 21 10% 10 10% 26 31 40 39% 40 103% 105 68% 68% | 69% 105 105% 116% 115% 1 116 116 117 33%j 34 136% 136% 136% 270 278% 280 104% 103% 104% I 17 % 17 18 79% 79% 82 36% 36% 36% 129 129 130 104% 104 104% 101% 101% 102 104% 104% 104% 86 87 38% 35% 36 66 65% 67% 89% 89 ; 89% 51% 52% 52% 258 25S 258% I 41% 41 41% 75% 75% 78% 17 18% I 16% 16% 17 j 31 31 . 32 135% 135 185% 113% lll%jlll% J141 140%; 142 i 26 26 1 -., 28% i 94 i 93% 83% 104% | 18%; 80 37% 1130% 105 [101% i 101%. 104% '38% 66 89% ■"•! % 53 , 94 ! 131 M 32 155 88 70 137% 13% 75% 164% 32 68 ! 63 136% 13% 75% 183 Mr: 20% 20% 22 38% 87 88 19%! 19% 19% 8% 8% 15 10 SO 30 80% 47 47 IT'., 38% 38% 182 182 18.3 38% j 38% 39 137 1127 [127% - 1 2%; 2% |l26%'l26%il20% 10 I 16%| 10% 17% 17%; 17% I 60 ! 58% 6/1% |106%il09 I 11 I 31 ! 12 46 f 46 I 46% 18% 14 ] 68 n 10 13 ! 25 27 25 24% 25 59% 59% 62 160% 160% 161 1212 213% 113 110 181 103 114 116% 138 137% 138% ! 84% 86 ! «7 68% 25% 27 88% 1 70% 70% : 21%] 23 44 47% 138% 1 ;H5 194 ••••• I '' 2. : , i _ ! 60 192% I I ■-: ! 138% ho" THE SAN FRANCISCO CALL, WEDNESDAY, JANUARY 15. 1913. Stock Market Unsettled By Series of Sharp Drives NEW YORK, Jan. 14.—The bear campaign was continued today in the stock market, which was unsettled by a series of sharp drives. Quo tations were lowered in all departments and at intervals the list was forced downward abruptly with feverish fluctuations. Support was given from time to time, however, and the market was not permitted to become demoralized. Politics has come to the forefront once more as a potent influence in the stock market. The attention given to the last two speeches of Presi dent elect Wilson and the interpretation placed upon them as indications of the probable character of the incoming administration have been util ized ineffectively by traders on the short .-ide of the market. Weakness of the foreign market and the possibility of resumption of hostilities in the Balkans also tended to depress the home market. Still another depressing influence was in the unsettlement of the copper metal market—concerning the future of which considerable uncertainty is felt. There was another sharp decline in the metal market in London. The copper stocks were again active and weak, but losses In this group were no more pronounced than in Steel, Reading, Union Pacific and other standard shares, among which recessions ran to more than three points. Steel receded to 61%, the lowest since the first part of last year. Among the less prominent shares there were heavier declines. American Tobacco broke 12 points and several others from 4 to 10. Bonds showed moderate heaviness, especially in convertible issues. Total sales, par value, $2,391,000. United States bonds were unchanged on call. NEW YORK, Jan. 14.— E. F. Hutton & Co.'s wire says: "Many new low levels on the current downward movement were established today, with much liquidation for both domestic and foreign account in evidence. , The foreign advices relative to the political situation were far from as suring, being suggestive*of the break in peace negotiations and a resump tion of hostilities, and as a sort of confirmation of the same London and continental markets were very much unsettled, with New York apparently being chosen the chief liquidating center. "There seems to be little question but what domestic trade Interests are beginning to take notice of the spirit of the times and are shaping their courses with regard to future commitments in keeping with the rather clearly defined prospects of a change in tariff schedules. Also, a feeling of hesitancy has apparently been fostered by various associations, attributed to individuals whose attitudes may have much to do with shaping the course of events after March 4. "There has been much selling of late by those who at the beginning of the year were disposed to look for a broad and rising market in Jan uary, and now that the course of security prices has shown a tendency contrary to expectations the volume of liquidation has become much larger than would ordinarily be the case. "Indications in recent advices seem to show that the incentive to promote much of a rise in the stock market, aside, of course, from those rallies ensuing from an oversold condition or short covering, is still lacking." EASTERN STOCK AND BOND QUOTATIONS New York Bonds * U S ref 2s reg..lol jJapan 4%s 90 Do coupon 101 'Kan City So ref 5s 98 Do 3s reg 102% [L Shore deb 4s. 1931 92 % Do coupon 108% L & N unified 4s. 98% Do 4s reg 113% M, X A Tex Ist 4s 94% Do coupon 113% Do gen 4%s 87 Panama 3s coupon. 101%,M0 Pacific 4s 70 Al-Chal Ist 5s ctfs 62%) Do cv 5s 87% Amer Agricul 55.101 N R of Mcx 4%5. 57% Amer T&T cv 45.110 [» I C gen 3%5.. 86% Amer Tobacco 65.170 Do deb 4s 91% Armour 4%s 92 NY.NHA Hcv 3%s 87 Atchison gen 45.. 97%1N0r A W Ist con 4s 97% Do cv 4s. 1960.-102% Do cv 4s 112 Do cv 5s 105 Nor Pacific 4s 98% Atlan C L Ist 4s. 94 Do 3s 68% Bait A Ohio 45.. 97% O S Line rfdg 4s. 92 Do 3%s 91% Pa cv 3%5, 1915.. 97V4 Brooklyn Tr cv 4s. 89% Pa con 4s 102% Central of Ga ss.lo7%'Readlng gen 45... 97% Cent Leather 55.. 95%!5t L A S F fg 4s. 76% Ches A Ohio ss. .100 Do gen 5s 82 Do con 4%s 92%' St l 8 W con 4s. 80% Chi & Alton 3%5. 62%jSeaboard AL adj 5s 75% C. B & Q Joint 4s 96 So Pacific col 45.. 93% Do gen 4s 95 ! Do cv 4s 93% C.MA StP cv 4%5.10.-)% Do Ist ref 45.. 92% C.RIA Pac col 4s 65% So Railway 5s 107 I>o ref 4s 88% Do gen 4s 77% Col So rAext 4%5. 9+%iUnlon Paciflc 45.. 99% Del A Hud cv 4s. 97%1 Do cv 4s 96 Den &R G ref ss. 83%1 Do Ist A ref 4s. 95% Distillers 5s 69 |U S Rubber 65... 102% Erie prior lien 4s. 86% V S Steel 2d 55... 101% Do gen 48 "5%;Va Car Chem 55.. 98 Do cv 4s, nor B. 76 W'abasli lstAext 4s 60 111 Cen Ist ref 4s. 95 'Western Md 45... 83% Int Met 4%s 80 [Westing El cv ss. 93% Int Mer Mar 4%5. 65%|Wis Central 4s 91 ♦ ♦- New York Mining Stocks | ♦ *■ Com Tunnel Stock OS Mexican 90 gom Tunnel Bonds. 12% Ontario 2.50 on Va Mm Co.. 1H Ophir 10 Iron Silver 1.50 Small Hopes 15 Leadvtlle Con ... 08' Standard 1.00 Little Chief 03; Yellow Jacket 25 ♦ ♦- New York Curb Stocks 0. From J. C. Wilson A Co.'s private wire: Bid. Ask.! Bid. Ask. Bay S Gas.. % %;La Rose 2% 3 Chi Subway.. 4% 7 jMason Val ..9 10 Havana Tob.. 5 8 [Mines of Am. 3% 3% Stand 0i1... 1150 1200 Nipisslng .... 8% 9 Do N V..690 TOO Ohio *. 1% 1% Do Ohio ..290 300 IRawhide 1 2 Do Pipe ..260 8-0 ;U Tank 72 74 Do Cal ...188 191 West Pac 5s 86% 87 Do Ind ...350 355 Anglo Oil ... 17% 18% Do Kan ...470 490 Lehigh C0a1...22."> 237. Do Xv ...:.?:. 890 jßraden 8% 8% no Neb ...31.-) 82S Un Clg Stores.los 105% Do N J...425 427 ißrit-Am Tob.. 23% 24 Con S Rects. 17 21 Ray Central.. 2% 2% Davis Daly.. 1% 2 So Utah % % Ely Con ....9-16 11-16'lnited Copper 1 2 Br Cop 4% 4% Ynkon 3 3% Tobacco Prod. 120 140 [Keystone 1% 1% Tri Bullion.. % %jlnd Pipe ...152 155 Alaska Gold.. 13 14 Nat Pipe 114 118 <;reene Can.. 8% B%'Ohio Oil 128 130 Giroux 3% 3% Prairie 336 343 Keri Lake .. 2% 2%| New York Stock LM—Continued Sales i | Hight Low | Bid j Ask 2,100[-to Kan & Texas! 27 25% 1 25% 26 400] Do pfd : 61% 59% 59% 60 Miami Copper ... 24% 23 23 23% 2,400iMissouri Pacific. . | 41%[ 40 | 40 | 40% 100 National Enamel. | 16%|-16%i 16%| 16% 1,000 National Lead ...I 51 50% 50%! 51% I Do pfd 106 107% 400?Natlonal Biscuit. 120% 118% 118% 124 j Do pfd 121 124% Nevada Cons 17% 18 300; N Y Air Brake .. 76% 75% 75 76 1,400.N Y Central .... 107% 108% 106% 107% 100 N Y C ft St L..7 58% 58% 59 60 Do 1st pfd 99 Do 2d pfd 90 500 N W Ont & West' 32% 31% 31% 31% 700 Nor A Western ..112% 112 112 112% Do pfd 88 «2 North American.. 80 81% 3.100 1 Northern Pacific. 119 117% 117% 118% Omaha 125 135 Do pfd 150 160 200 Pacific Mail 29% j 28% 28 28% 400 Pacific T A T Co. 42 39 39 40% 1,500 Pen R R Co.... 122% 1121% 121% 122 500'People's Gas lll4% 114 114 114% 9«*>!Pittsburg Coal ...[22 22 21% 22 4.300 Do pfd 90% 88 88 | 89 400IP C C & St L ...|103 102 100 1102 Do pfd i 105 1120 lOOlPressed Steel Car 34 34 33% 34 300l Do pfd 101 101 100 101 108|B«J Consolidated' 19% 18% 18% 19% 300!Rv Steel Spr Co. 33% 32 31 32% I Do pfd ..... 98% 100 L17,600!Reading 164%l_«l% < MS 162% l.<;no : De 1st pfd ! 90 ! 89% 89% 90 lOOl Do 2d pfd 80% 90 90% 92 3.000!Rcpubli<- S & I.. 25%! 24 33% 23% 1.300 Do pfd 34% 82% 82 182% 2,100 Rock Island Co..! Z3% 22%§fe2%! 23 1 300' • Do pfd (42 ! 41%l 41%? 42 IKlOlSears Roehuek.. ..'200 |201 1200 1203 BtOM S S" & I Co. I | '40 | 45 ! Do pfd 03% 98 JS L ft R F 1st pfd 58 62 i Do 2d pfd I ! 27 ! 27% St L ft S W i !--.-•! 32%! 36% I Do pfd I '74 ! 76% 37 100'Southern Pacific. .!106%|105 105% 105% 4 200 Southern Railway : 27% 26% 26% 600l Do pfd I 80% 79%I 79% 79% 4O0'Tennessee Copper! 85% 35 I 35 35% 1,100'Texas Oil 1119 1116% 116 117 300!Texas Pacific... . 21%| 21% 21 21% 3.100|Tlilrd Avenue I 37% 36%! 86% 37% To! St Louis A W! 1 10% Jl% ? Do pfd ! J 25 t*% 1,000'Twin City Rap T« 100% 106 105 106 ....... [Underwood I ! 07 100 67.900!Union Pacific 150% 155% 136% 156% 1.000! Do pfd '90 89%! 89% 89% lOO'Tntd Bag & Paper! 6% 6%j 5% 6 'United Ry Inv...l 32% 33% 300l Do pfd ' «l% 61 61 61% U S Cast I Pipe.; ' 14 17 ! Do pfd 55% 55%; 55 > 00 1.700'C S Rubber ' 65 63%! 63 I 03% 300 Do 1st pfd 105% 103%iJ05% 108 i Do 2d pfd ! ; 79 ' 79% S«5,500D S Steel Corp..'. 04%' 61% 02 02% ,-,40..! Do pfd !llO 106%tl08 !109% 7.800 Utah Copper | 54%! WW 53% j 51 OOO'Va-Cur Chemical.• 41 '7 ! 41% 41%| 41% . ..' Do pfd ' | .Hlf» U2 lOOlWnbash \ 3%| 3%! 8% 3% 400> Do pfd ! 13% I 13 ! 12%! 13% ! Wells Cargo F.xp' ! !l!8 !125 ' 300'Western Cnion...' 73% 72%| 72%j 73% ' (Western Marvlaudl 40% 30% 39% 40% ;;;;;;;( do P fd...' «o%l o* 159% m " 4*000!Westinghonse . . .! 75 ! 73%! 73*i 74% ' 200) Wab & Lake Erie! ! I 7% 8 ... Do 1st pfd t 25 29 '" 700' Do 2d pfd I 12%! 12 | 12 12% iWisconsin Central! ! j 40 49 " i',706l,Woolworth |107 !105%]105% 100% 775,900 total shares sold I 27 1 24% I 41% 16% | I 51 1 28% I 59% 23 40 7 •16V_| 50 V* 118%: 23 40 50% 120% 118% 121 17% 75 106% 59 j 99 | ..... TO% 108% 58% i i 58% = 112 i 31% 112 M 80 117% 125 I 150 28 39 121% 114 21% 88 100 j 1112% ••-••;• ! i.9" Uitii I I I j'29% •__" 121% 1114 I 22 88 Jl02 'u"\ 101 > 18% | 32 161% 1 89%! ! 90 ' ! 24 I 41 41 5.400 7.900 000 ws*. Wilson** View* on the Market ,T. C. Wilson _ Co.'s private wire advices said yesterday: "Stocks were Irregular in New York today. The coppers and steel were under most pressure and substantial declines were recorded in all' quarters. The decline reached a good many stop loss limits nnd started liquidation. The nur _• came mostly from the shorts. Until some of the uncertainties are out of the way Boston Stocks ♦- , ♦. BOSTON. Jan. 14.—8. F. Hutton A Co.'s wire says: "In spite of lower metal quotations and continued liquidation in the New York list, there was much better demand for the local coppers. Traders are beginning to realise that prices for good coppers have more than discounted any possible bad news, and the buying waS good all through the list. There was more or less fright ened selling, but closing prices showed practically uo loss for the day and In some cases they even showed galus. We see no reason for any one to sell the dividend paying coppers at these prices and advise purchases on all reactions." The following list Is furnished by E. F. Hut ton A Co., 490 California street. San Francisco: Bid. Ask. Bid. Ask. Adventure .. 5 5%[01d Dominion. 49 50 Allouez 34 38 Osceola &* 96 Arcadian 2% 2% OJJbway ..... 2% 2% Ariz Com ... 3% 3% Shannon 11% 11% A P 4 4% Santa Fe 2 2% Do pfd ... 3 — [United Shoe.. 48 48% P.alaklala ... 3% 3%| Do pfd 27% 28 Cal A Ariz.. 65% 65%]Snper A Bost. 2% 2% Cal A Hecla.49o 495 Super Copper. 31 31% Centennirf. .. 15% 16 Tamarack .... 30 31% Copper Range 46% 47 Trinity 4% 4% Daiy West... 3% 4 U S Mining.. 40% 40% East Butte... 12% 13 Do pfd 49% 49% Franklin 8% 8% Utah Copper. 53% 54 Granby 63% 63% Utah Con ... 10 10% Hancock 19 19% Victoria 1% 2 Helvetia — Wt Wolverine ... 63 65 Isle Royale.. 27% 28 [Wyandotte .. 1% 1% Indiana 13% 14 [Winona 3% — Kerr Lake .. 2% 2% Oreene Can... 8% 8% Keweenaw .. 1% 1% Giroux 3% 3% Lake Copper. 19% 20 United Fruit..l7B 179% La Saiie 4% 4% Old Colony .. 5% 6 Mass Con ... 4% 5 Mayflower ... 11% 11% Mich Mm .. 1% 2 Zinc 26% 27 " Mohawk 53 54 [Butte A Super 35% 35% North Butte. 29% 30 | ♦ — _*. Boston Curb Stocks * ——-—— + The following list is furnished by E. F. Hut ton A Co., 490 California street. San Fntncisco: Bid. Ask.| Bid. Ask. Ahmeek 300 315 Inspiration .. 15% 16% Rohemia 2% 3 .Majestic 41 42 Boston Ely ..94 98 | Mason Val .. 7% 8 Calaveras ... 3% 3%)Nev Douglas.. 2% 2% Chief Con . .1% 1 11-lfi|Ohlo 1 1% Corbln 6 8 Oneco 1% __. Chlno 41 41% Shattuck Arts. — 27 Davis Dly.l 11-16 1 13-16 South Lake..; 5 5% Eagle ABB. 1% l%|Unlted Verde. 61 65 ♦— — —•- London Closing Stocks -• ,—_ Cons for money.. 76%|111 Central 131 Do for acct 75 I.oulsv & Nash 144% Amal Copper 73% M, X A Texas 27% Atchison 108%'N V Central 110% Bait A Ohio 108% Norfolk A We5t...116 [Canadian Pac ...250 lOntario A West... 33% Cheg A Ohio 79%Pennsvlvania 62% ; Chi Great West.. 16%JRand Mines 6% Clil. Mil A St P. 117 Reading 84% De Beers 21% So Railway 28 Den _ Rio Grande 22% So Paciflc 108% Erie 31% [Union Paciflc 163 Do Ist pfd 49% U S Steel 65% Grand Trunk 29%|Wabash 4 Biu silver-Easy; 29 1-I*l per ounce. Money—3<&3% pe r cent. The rate of discount hi the open market for short bills Is 4(44 9-16 per cent and for three months' bills 4 9-16 per cent. only 8.000 bales. Wilson's speech Is regarded by many as a disturbing factor. -*ucb cotton Is held by speculators In the south, and-a few who were recently very bullish are now watching the spot markets as likely to furnish a clew to the future movement of the options, but at present the spot markets in the main are steady or firm, the drastic liquidation on the long side and the disclosing of a big short interest has improved the technical position. "Wheat opened strong In Chicago on higher cables and went up. At the advance there seemed a great deal on sale in the way of proflt taking, and this was noticeable all through the session whenever the market got bulgy. Tke crowd was sfrald of a war scare all the morning, which made them wary of making any selling commit ments, although many thought the market was slowing up nnd due for a reaction. The wheat market Is slowing down, and with the present financial uneasiness, as shown in the stock mar ket operations, we think holders have met the demand. We are inclined to look for a recession In grain values." Condition of the Treaanr y WASHIXGTON, Jan. 14.—The condition of the United States treasury at the beginning of business today was: Working balance, $^5,662,564. In banks and Philippine treasury. $30,303,591. Total of general fund. $138,345,974. Receipts yesterday, $1,763,971. Disbursements. $3,106,021. The deficit this tisc H ] rear Is $6,324,969, as against a deficit of $2*.636.120 last year. The figures for receipts, disbursements and deficit exclude Panama canal and public debt transactions. New York Money Market NEW YORK, Jan. 14.—Money on call steady; highest. 3 per cent: lowest, 2% per cent; ruling rate, '2% per cent. Time loans steady: 60 and 90 days, 4 per cent; six months, 4V t per cent Prime mercantile paper. 4\(d.'yV_ per cent. Sterling exchange firm at $4.53 for 60 day bills. Commercial hills. $4.82*4. Bar silver, 63He. Loan*. Exchange and Silver Prices for bar silver continued to relax* in the big markets yesterday. The Xew York quota tion came through % c lower and there was a decline of 3-18 din the London quotation. Commercial paper 5%@6 percent Loans oa real estate sft«B*A percent Sterling exchange. 60 dsvs —-f§4.B3U Sterling exchange, demand —B4.Bttt Sterling exchange, cables —«3_4.87i4 New York exchange, sight — (<(, .06 New York exchange, telegraphic — _\ .071. Hongkong exchange, sight —@ .50* s Hongkong exchange, telegraphic -*-S .51 New Tot* silver per ouuee — (ai -63^ London sliver, per ounce — @29 I-_6d CONTINENTAL New York on Paris B-16Tjj New York on Mexico 2.01 i_ Berlin on London... 20.4" J. Paris on London 25.18 ♦- , ♦- Mining Stocks « ,— _—* Speculators in Nevada mining stocks were startled by a rumor current in Bush street yesterday saying that the management of the Florence mine in the Goldfield district was con templating a cessation of operations at the prop erty. The report wag given some color by the fact that the shares of the company had a sudden decline in the board room on the preceding day St a time when the other issues of the Goldfield camp were giving a spasmodic exhibition of buoyancy on the execution of buying orders for Nevada and eastern accounts. For several months the Florence company has been shipping ore of fair grade that was stored In tbe old workings of the mine while the deeper levels were being explored, and a rumor that the stopes had been depleted of this ore figured as a rider to the reports of a probable cessation of opera tions yesterday. The effect of the rumor was a slump In the price of the stock that was the leading feature of tiie market for the day. The sto(.-k opened | SAN FRANCISCO STOCK AND BOND EXCHANGE I Comparatively heavy trading In sugar stocks was the only feature on the San Francisco Stock and Bond exchange yesterday. The total number of shares sold on the exchange was 1,275, of which 995 shares were sugars. The heavy buying apparently came from the Islands, wiiere there is much confidence, despite the weakness in prices incident to the expected cut in the tariff, lne heavy buying caused no stiffening of prices. , «-„ Paauhau showed the greatest activity, 775 shares being traded at $it>. which is the low record for the present movement. Other sugar sales were 150 shares of Hawaiian Commercial and Sugar at $32.50 and 70 shares of Hutcn inson at $16.50. Of the 280 other shares figuring in the day's business on the exchange were. 20 shares of Pacific Telephone and Telegraph at $99; 25 shares of Oro Electric corporation common at $15.50; 10 shares Alaska Packers' association at $87.50; 100 shares Associated Oil at $42.62V>; 75 shares Northern California Power at $39, and 25 shares Spring Valley at $63. .__, _ . Bond sales reached a total of $33,000 in the listed department, with spring Valley general mortgage 4's leading and firm with $8,000 at $93. Natomas j Consolidated 6's were unchanged at $94.25, sales reaching $7,000. Great Western Power s's were a point off, a block of J. 6,000 selling at $86. Business In unlisted securities was Ismail and uninteresting, the only ooncts being $10,000 Santa Cruz cement 6's at $89. All the stock transactions were oi Pacific Gas and Electric, of which 50 shares preferred sold at $92, 50 shares common at $61.75 and 20 shares common at $62. , ■ „_ _ Bank of California declared an extra dividend of $1, making $3.20 for the quarter, now payable. LISTED SECURITIES SALES JANUARY 14, 1913 Morning Session Afternoon Session Board— Board — 70 Hutchinson Sugar Plantation... 16.60 10 Alaska Packers' Assn ?A'~., 25 Oro Electric Corp (common) 15.50 100 Associated Oil Co ii*?* 575 Paauhau Sugar Plantation 16.00 100 Hawaiian Coml A Sugar 32.50 $2,000 Associated Oil CO 5a 100.00 50 Hawaiian Coml & Sugar I __[■__* J 1,000 Natomas Con of Cal 6s 04.25 100 Northern Cal Power Co Con 3 j*'9_[ 2,000 Paciflc Tel A Tel 5s 100.50 160 Paauhau Sugar Plantation 16.00 Street— 25 Spring Valley Water Co 63.00 20 Paciflc Tel A Tel (pfd) 09.00 $1,000 Associated Oil Co 5s I ™-™ $1,000 Cal Gas A Electric unifying ss. 95.25 $6,000 Great Western Power 5s B ? o j}., $2,000 California Wjne Assn 5s 97.75 $2,000 Pacific Gas A Electric Co 5s 90.3 i% $1,000 Los Angeles Gas & Elec Co ss. 99.50 Street— _ ta $6,000 Natomas Con of Cal 6s 94.25 35 Paauhau Sugar Plantation 16.00 $1,000 People's Water Co 5s 81.75 $8,000 Spring Val Wat gen mtge 45.. 93.00 CLOSING QUOTATIONS BONDS | Bid. Ask.! • Bid. Ask. TJ. S. Bonds— Bid. Ask. Oakland Transit Co ss. 102% — ; Cal Wine Assn com.. 39% — 4s quar coup (new). 113% — Do Con 5s 102 — 'El dv Pont de N pfd. — — 3s quarterly coupon.. — — Oakland Trac Con ss. 97 98%! Do common — ___ Miscellaneous Bonds— Oakland Trac Co ss. — 92 Fireman's Fund Ins... — 245 Alameda Artes W ss. — 98 Oakland Water gtd 5s 95% 97%' First Nat Bank of S F22.» 230% Associated Oil Co ss. 99% — Omnibus Cable Ry 6s. 103 — IGerman Say A Loan.3loo — Bay Counties Pow 6a.101 — Oro Electric Corp 6s. 98% 98%'Oiant Powder Con 104% — Cal Cent Gas AEI 55.101%102 Pacific Gas Imp 45.. 89% — 'Hawaiian Coml & Sug. 32 32% Cal El gen ss. ser A. 86 — Pacific Gas A Elec ss. 90% 91 !Hawaiian Sugar C 0... 34% 35% Cal GAEI gm A ctSs.loo% — Paciflc Electric Rv 55.103% — IHonokaa Sugar Co 7 8% Do unifying 5s 95 — Pacific Light & P ss. — 96%Humboidt Savings Bk. — 130 California St Cable 65.100%101% Do guaranteed 55.. — 100 |Hutchlnson Sug Plant. 16% — California Wine 55.. 97% 98% Pacific Tel A Tel 55,100% — IKllauea Sugar Plant. 12 — Cent Cal Traction ss. 93 94%' Park & Ocean R R 65.100 — Marin County Water.. — ___• City Electric Co 55.. — 87 People's Water Co 5s 81% 82 [Mercantile Nat 8ank.215 230 Coast Counties LAP 5s 94% — Sac El. Gas ARy 55.103 — IMlll Val A MtTmSRy — — Contra Costa Wat ss. 99%100 Sac A Woodland Rss 95% — Mutual Savings Bank. 75 — Do gen mtge 5s 95 — S Joaquin Lt & P ss. 99% 99% North Alaska Salmon. — 120 Edison El of L A Ss.lol 102% t Do Cor 6s, series A.102% — |N Cal Power Co Con. 39 40 Edison Light A P 65,106% — S F Electric Ry 55.. — 90 Onomea Sugar Co 31% 32% E I duPont Pwdr 4%s — 93% SF.Napa A Calls R 68.102 — Oro Electric Corp pfd. — .5 First Federal Trst 55.100% — SF, Oak &S J Ry55.103% — Do common — 16 Ferries _ Cliff H ROs.loo — Do 2d mtge 5s 94% — (Oro Water, Light A P.IOO — Great Western Pow 6s 86 — 'Do Con Ry 5s — 93%'Paauhau Sugar Plant. 16 — Haw Coml A Sug 55.101 102% SJ A S Clara R 4%5. 84 — jPac Aus Fire Alarm. — 4% Honolulu ETftLte.- 107 JSanta BarbaraGAEl6s.loo%lol% Pac Coast Borax pfd.loo%lol Lake Tahoe RA T ss. — 97 Sierra Ry of Cal 65.. — 100%! Do common 80 — Long Beach C Gas 65.100 — SPRR of C 1 c g ss. — 112% Pacific Coast Casualty. — — Los Angeles Elec ss. 99% — SPBranch Rof Cal 65.126 — [Pacific Crude Oil Co.. — 47% c Los Ang Gas AEI ss. 99% — S P R R Ist ref 4s. 93 93%|Paclflc Light Corp pfd — — Do Corp 5s 97% — S Val Wat gen m 4s. 93 93%> Do common 105 112% Los Angeles Ry ss..los%lo6%|United Gas A Elec 58.100% — Paciflc Tel A Tel pfd. — 99% Do Corp 5s — 98%, United RRofS F4s 66% 67 Do common — 47% Los Ang Light gtd Ss.lOO — Val Counties Pow 55.100 — ! People's Water Co pfd. 58 — L A-Pac R R Icm ss. 104 — STOCKS (Philippine TeIAT Corp 25 27 L A-Pac RR of Cal 5s — 100 Alaska Packers' Assn. — —- iKealty Syndicate 133% — Marin Wat A Pow ss. 99% — Amalgamated Oil Co. — — Savings In Bk & Tr.2.V) — Market St Ry Icm ss. 94% — American Nat 8ank..132 — 'Security Savings 8ank.340 4fO Mid Counties G&EI 6s 99% — Anglo-Cal Trust C 0... — 126 I F-Oak Ter Rys.A pfd — So j Mill Val & MtTmRSs.IOO — Anglo A Lon P 8ank.152% — 'Spring Val Water Co. — 63% | N a torn as Con of Cal 6s 94% — Armsby Co of NY pfd.loo — Isterllng Oil & Dev..— 1.22%; Nor Ry Co of Cal 58.109 — .Associated Oil Co 42% 43 |Union Oil Co of Cal.. — t- Nor Cal Ry 5s 107 — Bank of Cal. N A...201 — lUnion Provident Co.. — — Nor Cal Power Co 55.101 102 California St R R 124% — (United Petroleum Co.. — — Do Con 5s 89% 91 Cal Fruit Canners 116% — Union Sugar Co — 30 Nor B.ectrlc Co 55.. 95 96 Cal Ins Co (par $40). — 74% Union Trust Co — — Oakland Gas, UH 6b. — 101% ( Cal Wine Assn pfd.. — 84 West Coast Oil pfd.. — — Oakland Transit Co 65.10T — | 1 UNLISTED SECURITIES SALES JANUARY 14, 1913 50 Paciflc Gas A Electric (pfd) 92.00 50 Paciflc Gas A Electric (com).. <^t51.T5 20 Paciflc Gas A Electric (com)... 62.00 I $10,000 Santa Crus Cement 6s (rash)... 80.00 The following are the latest quotations for unlisted securities on the San Francisco Stock and Bond exchange: BONDS Bid. Ask.l Bid. Ask. Bid. Ask. South Cal Edison ss. !♦.". 96%'Natomas Consolidated. — 11 Alaska Packers 65.. .104%105% South Yuba Water 65.106 107 I Nor W T est Electric 30 — Amer River Elec ss. 95 98 |Bouth Pacific Coast 4s 91% 93 Northern Elec Ry pM. 43% — Associated Oil Ist ref — 92% Sunset Telephone 55.. — 105 Oakland Bank of Sav.22o — Bay Counties Pow Bs.lol — ;Sperry Flour 6s 99% — Oakland Traction pfd. — 70 Blue Lakes Wat bds.lol — (Turlock Irrigation ss. 90 91%; Do common 30 40 Cal Northwestern ss. .103 — United Light A P «)s. — 9o Oahn Sugar 24% — Coast Val GAEI lst6s. 100 101 United Properties ss. — H5 | Do Railway 135 140 East Shore Water ss. 90 100 Do debenture 6s — 16 (Ocean Shore Ry 14% 18 Geary St Munic 4%5. — 100 Union Traction Co ss. — 95 Oak, Antioch & E 14 19 Gen Petroleum U5.... 70% — West Sacto Land 6s. — 100 Oak A Antioch Ry 27 — Houolulu Plant 6s 191% 101% West Mtg & Guaranty — If* (Oro Development Co.. 42 — Home Tel So Ore 6s. — Jo2%,Western Pacific Rv 5s 87% 87% Orpheum stock 19% 26 Hunt Land A Imp 6s. — 101 STOCKS jPac Coast Boras (01d).205 — M<vdesto Irrigation bds — 91% Alameda Sugar 22 24 Paciflc Hard & S pfd. — 95 Monterey A P Grv 6s. — 97% August Oil — 30c Do common 13 — Miller & Lux 5s 99% — Bank of Italy 125 — Pacific Port Cement... — 75 Mt Whitney Po w6s. — 101%' Bank of San Jose... — 170 Paciflc Gas A Elec pfd 92 — Natomas Dcv 6s 99%101 Buffalo Brewing Co.. — 110 Do common 61% 62 Do Land AMm 6s. 99% — Cal Cotton Mills 65 71 'Palace Hotel stock — 80 Do 2d mtge 6s 72% — Cal State Life Ins... — 22% \ People's Water com... 4 4% Nor Cal Pow deb 6s. — 95 Cal Paciflc Title pfd. — 100 jPet A Santa Rosa Ry. 20% — Nor West Elec (subs>.los 115 Cal Electric gen pfd. 78% — (Portuguese-Amer Bank — 61 Oak A Antloeh Rv ss. 82% — Central Cal Traction. 11 15 Poulsen Wireless 38% — Oak Ant AE Ry ss. 80 — (Central N Bof 0ak.160 — Riverside Cement 50 — Olvmplc Olub 7s — 102%|Central Trust 116 — iStandard Cement 17 — Orb Water, LAP 6s. 100%103%, Cypress Lawn 2% — jSan Francisco Secur.. — 55 Orpheum 6s — 102% French American Bnk. 97% — iSan Joaquin Light AP 20 — Pacific Port (>ment6s. 100 — 'General Petroleum ... 25 30 Santa Cruz Cement 30 33 Palace Hotel 6s — 107%'HawalIan Pineapple.. 43 — Sperry Flour 27 — Pet A Santa Rosa ss. 99% — Honolulu Plantation.. — 31%, Do preferred — 100 Do 6s 94% — Do pool 31% — : Union Ice Co 55 — Philippine Tel 5s 83 83% Honolulu OH 1.15 1.201 Vulcan Fire Insurance. 13% — Do cs 92%100 'Italian-American Bnk. — 101 Weed Lumber Co — 115 Riverside Cement 65.. 76 80 Kern Land Co ISO — I Western Paciflc Ry... 9 10 San Diego Gas AElss — 98% Key Route pfd 84% — (Wells Fargo Nev Bk. — 180 SF & S Joaquin V 55.110% — Do common — 22 iWest Coast Life Ins.. — 205 SF A Nor Paciflc ss. 103 — (Mascot Copper 2 2%West Sacto Land Co. 57% — Sierra ASF Pow ss. — 97%! Metropolis Trust - 70 — Western Amer Bank.. 12 13% Standard Cement 65.. 92 — |Matson Navigation ...120 — (West Metropolis Bank. — 87% Standard Electric ss. 92 — (Mechanics' Say Bank. — 30 Western Meat Co — 106% S F Gas A El>»e 4%5. 94 94% Merchants' Nat Bank. 55 — Western States Life... — 11% Do non callable 91% — Noble Electric Steel.. 15 — Western Power pfd.. — 52% Santa Cruz Cement 0s 88% 89%? Nat Ice A C Storage. — 70 Do common 26% — South Cal Cement Ms — SO I ■'._ j field, and as s consequence traders here were | in the dark as to the status of affairs at the I mine. The .lump In Florence caused general j easiness In the other stocks of the camp, ami most of them sold down more or less In the late trading. Atlanta and Merger Mines were slightly lower on the day. Consolidated declined Aye points and Jumbo Extension receded to 3>c. The Tonopah shares lacked the buying support that was a feature of the market on Monday. | and after opening steady on the call prices for the favorites of the group were shaded. Jim Butler had an early rise to 75c and Midway , reached 30c, but both stocks lost the gains In the late trading. Tonopah Extension ro«e to $2.20 and held the advance. West End closed at $1.45. the Merger at S9e. Jim Butler at 70c and Midway at 34c. Mexican was inactive and rather weak at the opening session, but It became the only strong featim of the north end Comstoeks in the after noon and ascended to the dollar level, a gain | of five points over Monday's closing price, i Union was lower at tSc, while Consolidated Vir- I Itinla. Ophir and Sierra Nevada finished the day it the same prices quoted at the close on Monday. The directors of the Consolidated Virginia Mining company authorized a statement yester day denying the reports circulated recently that they intended to abandon mining at depth. It was officially stated that the action of the directorate In proceeding with exploration work In hitherto unexplored territory above the limio foot level of tbe C. anil C. shaft was used as a pretext In certain quarters to make it appear that all work on the deep levels of the mine was to be abandoned. Work Is still In progress on the 2500 foot level of the property, and the directors say that it will be continued as long as pumping operations will permit. Shipments of ore from the mines of the Tono pah district to the mills last week amounted to 10 319 tons, the estimated value based on the actual milling values of the ore heing $217,272. The Tonopah Mining orapany shipped 3.400 tons. Belmont §,321, Montana NSC Tonopah Extension 950, West End 810. MacNamara 501. Jim Butler 300. Tonopah Merger 108 and Midway 45 tons. SAN FRANCISCO STOCK EXCHANGE Following were the sales on the San Francisco Stock exchange yesterday: Regular Horntn- Session 500 Mlanta 19'lflOO Lone Star Con. 04 I 1 008 Cent Eureka.. 30! 300 Midway 39 1000 C O D 09!2500 Mon Pitts Ex. 17 | 500 C O D 0812000 North Stnr ... 22 200 Con Va M 19!_500 Ophir 10 1000 Dexter 03; 350 Rescue Eula .. 12 "i»< Florence 5012000 Ton Merger ... 9o I Too Florence 49', 1500 Ton Merger ... 91 2000 Gold Wedge... 10 500 Union Con 19 ViflO Jim Butler .. 75! 400 Union Cou 18 2000 Jim Butler .. 74 2000 Vernal 10 POOO Atlanta 191000 MacNamara .. 25 1000 Atlanta 18 2000 Mayflower .... 02 100 Belmont 8.10! 100 Mexican 97 5000 Boston Ton .. 03| 100 Mexican 98 1000 Brunswick Con 50- 300 Midway 35 2500 Cash Boy .... 08(2500 Mon IMtts Ex. 17 500 Columbia Mt.. 01500 North Star ... 22 100 Com Fraction. 0811500 Ophir 10 500 Con Va M 19[500 Ophir 11" onoo Dexter Union. 03'3'HjO Oro 051 1700 Florence 4.V 300 Sierra Nev ... 17 I 3300 Florence 42 100 Ton Exten ...2.20 100 Florence 41 500 Ton Merger ... 80 500 Florence 43 1100 Ton Merger ... 90 : 100 Old Con M...2.0.V ICO T'nlon Con 18 I 2000 Old Merger M. 27J4000 Vernal 10 1000 Cold Wedge... 10 2300 West End 1.50 500 Jim Bntlo r .. 72 1300 West End ..1.47'- -500 Jim Butler .. 71; 200 West End 1.45 2000 Jim Butler .. 70! 100 Yellow Jacket. 28 Informal Session '■ 308 Cent Eureka.. 30! 500 Midway 341 1000 C 0 D 09] 500 Midway 35 I 600 Con Va M 18 100"-North Star ... 21! 100 Con Va M 19! 500 Ophir 10 500 Florence 4l!200 ophlr 11 1600 Florence 42J2000 Oro 05 100 Florence 40|1000 Rescue; Eula .. 12 1400 Florence ..... 39; 200 Savage 04 300 Florence 38; 6(10 Sierra Nev.... 17 | 200 Old Can M.2.02.. 100 Ton Exten ...2.20 500 Could & Cur. 011300 Ton Merger ... 89 1500 Jim. Butler .. 70 700 Union Con IS 1000 MacNamara .. 24| UOO West Eud ....1.45 500 Mexicau .....I.OOj \ CLOSING QUOTATIONS CALIFORNIA Bid. Ask. Bid.Ask. Brunswick Con — 50|Keane Wonder. — 25 (.Burlington «.. 25 30|Kennedv — 15.00 'Cent Eureka.. 30 32;50 Eureka M.3.00 — NEVADA Comstocks Bid.Ask.| Bid.Ask. Alpha 01 OSlJiilia Con — 02 Alta 03 —Justice 02 05 Andes 02 04 Kentuck Con.. 01 08 Belcher 22 —Mexican 9ft 1.00 Best & Belch. 03 05'Occldental 70 Bruns Chollar. 10 —JOpbir 10 11 Brims potosi.. 12 —Overman 30 — l Bullion 01 03 Potosi 01 03 Caledonia 80 —JSavage 03 05 Challenge — 07 Seg Belcher ..06 07 Chollar 01 G3!Soorpion 06 — Confidence ... 16 — ISierra Nev ... 16 18 Con Va M 18 19' Silver Hill ... — 04 Con Imperial.. 02 03|St Louis — 02 Crown Point.. 20 23 Union Con 18 l» Exchequer ... 02 OSJUtah 03 04 Gould & Cur. 01 02 Yellow Jacket. 24 25 Hale & Norc. 08 10) To'ionah District Belmont 8.05 B.ls'Mon Pitts Ex. 17 18 Boston Ton .. 01 03 North Siar .. 20 2t Cash Boy 08 09 Rescue Eula ..12 13 Halifax — 1.35 Ton Exten .. 2.15 2 20 Jim Butler .. 70 71 Ton Gypsy Qn. 04 05 MacNamara .. 24 2.5 Ton Merger 87 88 Midway 34 85 j Too of Nev...6.00 — Mizpah Ex .. 71 75 Umatilla 02 03 Montana 1.87 I.9sWest End 1 42 1 47 Goldfield District Adams — 01'GId Portland.. — 01 Afnnta 18 19!Gld Kewanas.. 05 06 Blue Bell ... 01 02 Old Merger M "7 ->S Blue Bull ... 04 OC-iGrandma .' 01 '_ B<*>th 03 04|Great Bend .. oi 02 Cp D ...1.. 07 00 Grt Bend Anx. — 01 Columbia Mt.. 01 02 Grt Bend Ex* — 01 Com Fraction. 07 08' Jumbo Ex .. 33 H4 Conqueror Con — 01; Lone Star Con 03 04 Cracker Jack. — 01 Oro 06 06 Dmd B Butte Red Hills ... 01 o*> (reorganized) 04 05! Red Top Ex.. - 01 Dmdfid Daisy. 04 05' Sandstorm Ken 01 02 Florence 39 40: silver Pick Con 09 06 Frances Mlik.. "l —'Spearhead Gold 03 ru (•old Bar (.1,1. 05 - St Ives . 30 GM Bulldog... 04 —!Vernal ..'..'." v l^ Gld Con M...2.08 2.05!Ye110w Tiger.. 02 03 Bullfrog '"isfrict Bonnie Clare.. 01 —!Tramp Con ..01 02 Mayflower Con 01 02,' Ms lhatt ••-. District £!__r*L_I nl00 " 'r? °^' M »" W Caps.. 10 .. Gold Wedge... 00 lO.Min Hill Con. — Al Man Big Four 80 — (Morning Glory 08 04 Man Amalgam 04 — Mustang Man" 02 M Man Con 10 11 Mustang Ex ' 01 0-> Man Crescent. 03 031 Stray Dog a3 Man Dexter .. 02 04;T_anksgivlug..' _ o 'l other ii'-triei* Atlas Wonder. 14 15'Pitts S Peak 65 70 Buekborn Mm. SO — jßaw Coalition. — 01 Eagle's Nest.. 02 03 Round Mt 22 •>-. Fairvw G Bid 03 or7Teco pa Con'!', in _t Nef I^ s CO 1.55 Y '-"- PIQ6 -- " ~ Oil Stocks a ___ SAN FRANCISCO STOCK EXCHANGE Bid. Ask.! Bid Ask I Caribou 1.00 —iPacific S Pet. —" '50' Chicago Grain and Provision Futurea „„„,,„, . ri-'nrnished by E. F. Hutton Co.. 490 California Street) CHICAGO, Jan. 14.—The leading futures ranged as follows: Wheat— Open. High. Low. Close. Jan. 13. Year aeo __9 ****% ?"•!>-*% $0.93% $0.94H 10.04% $oo"f •■ '-nvi .011; .90*2 . * .;„,; * oi,: SPP o? r m - W M '** •** S8 55»_ "'l T s .52% .51., .51% .St* R4 r. _*_ •• 52% .»% .52. .52% ___ 5.% .53% .B*3 .53% .5.;',. ig^ *F«* JgK .34% .BSJI .34 .34% 40V. ££ — 5*2 .34% .33% .33% .M% \ 4 4\ _i_ .34% .»* .34 !40% January , sf ,- JT s - JS eo.jf May - ' 18.40 18.45 18.35 18.37% 18 20 16V> Lard—, ■." w January 9.6.5 9.70 9.65 9.70 9 60 fl TTv May 9.87% 9.90 9.85 9.W 882. 955 Jnf.v 9.92'_ 9.92% 9.90 9.92. 9.85 fl'it.u Short Ribs— " P ■«**-» Jjntiary 9.75 9.67% 8 00 May 9.85 9.87% ______ 0.87% 9.77% s]Bi. SUMMARY OF THE MARKETS Threatened renewal of Balkan war unsettle* all security mar ket*. . _. • Lhniulation carries New York stock*, to new low levels. Coppers sell well In Boston, but rule weak In Wall street. Cotton futures experience an other sharp setback. Sugar stocks monopolize ntten tentlon on local exchnogf. , Less activity In Nevada mining seearitles. Wheat shows stubborn strength in Chicago pit. Local handlers holding vrheat at firm rates. Further small recessions occur In barley options. Farmers in no hurry to dispose of barley. ' Rains steady market for seed oats. Prices for hay maintained, despite the rain. Some upward revision of bean quotations. Traders making liberal purchases of hops. Prices for fresh eggs contlnne to tumble. Top quality butter higher. Cheese advancing. Damage to celery crop smaller than reported. Flurry in potato market seems to be over. Frosted oranges appear in the lo cal market. Continued weakness in small sizes of prunes. Almonds and walnuts cleaning np rapidly. Poultry and game meeting with prompt sale. Claremont.. 55 —Palmer 18 — Coal Central 20 - -Republic ... 19 — De Luxe ... 60 —Silver Tip... 50 — Empire 45 —-[ SW &8.. .16 — 111 Crude .. — IB;w Coast pfd.9S.oo — Lucile 2.00 - !W X Oil Co. 1.90 — Monte Citato 80 90 LOS AXGELES Oil. EXCHANGE (Special Dispatch to The Call! LOS ANGELES. Jan. 14. —High grade oil issue, were in fair demand at the early call of the local stock exchange today. Union Oil was a tritlo weaker and Provident remained steady. A note, worthy event was the selling of a block of Pro ducers in the unlisted department. California Midway was stronger. Stocks across the board were inclined to steadiness. The call: Producers - Bid Asked Amalgamated Oil Co 79..V> Sn.ix. American Pet. Co. (pfd> 71.00 75.00 American Pet. Co. (com) 49.00 58.00 Associated Oil Co 42.75 43.12% Bear Creek Oil A Mining Co. .. .69% California Midway Oil Co 11 .11% Central Oil Co l.f*> Columbia Oil Co 79 .M» Fullertoti Oil Co 2.75 4.25 Globe Oil Co 02 .04 Jade Oil Co 06% Maricopa Northern Oil Co 04% .("5% ! Mexican Pet Ltd. (eom> 70.00 71.75 ' Midway Northern Oil Co 08 .1(1% j National Paciflc Oil Co., 02% -88 01 inda Land Co. toil) 39% — ! Pennsylvania Midway Oil Co.. .07% — Rice Ranch Oil Co 1.40 — Traders' OH Co 65. On — Union Oil Co 80-08 — Union Provident Oil Co 104.28 lot United Oil Co -7 ,33 West Coast Oil Co tpfd) 70.00 — White Star Oil Co 10 — SALES Morning Session 2 First National con.on 4 Cnion Provident Oil Co 100.00 40 Union Oil Co 90.1-% Off Board 50 Associated Oil Co 43.00 Afternoon Session 2,000 National Pacific Oil Co 02% 14 Citizens' National bank 201.60 20 Mexican Pet. Ltd. (com) 71.021 10 Union Oil Co 88.88 •o ♦• Grain Market -• <► Wheat and Otber Grains Wheat —All grades of spot grain are very firmly held in the local market and the trend of prices is upward, if anything, but no one seems Inclined to force an advance. Northern grain has been coming forward freely of late, but the rrlvals, while large, have had no effect on values. Yesterday's receipts included 44,220 I centals from Oregon and Washington. Chicago traders were Inclined to sell the speculative market down, but offerings were wpII taken and prices showed no change to speak of on the day. CASH WHEAT California white Australian, nominal: Califor nia club. $1.50_1.50% per ctl: northern club. $1.50(91.52%; Turkey red. $1.60(3)1.65: Russian red. $1.47%(an.50- forty-fold, $1.55_1.57%; blue stem, $1.60^1.65. FUTURES No trading. May, California, was quoted at $1.53% bid. Barley—The market for futures has been a weather affair for some time, with prices follow ing the barometer up and down. Recent turns were generally in a dowsward direction, declines having been brought about by the coming of the rain. Both options opened with a show of stead iness yesterday morning sales at $L3O, but In the afternoon tbe May contract shaded off to $1.29% and December was easier, with the asking price a fraction below the morning figure. January was offered at $1.33. and seller the year contracts were quoted at $1.22% bid, $1.2!V; 4 asked. The spot market was steady at the old quotations, with receipts from state points still light, indicating that farmers were in no hurry to part with their grain. Receipts included 4,400 centals from Oregon. CASH BARLEY Choice feed, $1.40 per ctl; lower grades, $1.30 @1.37%; choice northern feed, nominal; shipping and brewing, $1.45@1.50; chevalier, nominal. FUTURES 11 a. m. Session May and December sold at $1.30. 2 p. m. Session May sold at $1.29V> and December closed at $1.29 bid. $1.29% asked, with no sales recorded. Oats—The rains have had the expected effect of steadying the market, but prices are no higher as yet, for the reason that the grain has not I commenced to move in quantity. Red for seed. $1.8502.10 per ctl. Including recleaned; black. $2(<*2.15: spot white feed, $1.45@1.50; do stained, $1.3531.40. Corn—Eastern yellow, carload lots, $I.2SCa; 1.29 : do white, $1.30@1.31: Egyptian, nominal. Rye—l* quoted at $l_g7%G_-42% f <w Califor nia and $1.35(&1.37% for northern. Foreign Futures LIVERPOOL Wheat— March May July Opening 7 5% 7 3% Tt Closing 7 7 3% 7 3'„ PARIS Wheat— Jan. Mav-Ang. Opening $1.49% $1.44',, Closing 1.49% 1.44% Flour, per barrel— Jan. Mar.-April Opening $6.42 $6.37 Closing 6.43 6.35 CHICAGO BOARD OF TRADE ' Future Grain and Provision* CHICAGO, Jan. 14.—1t was a day of prof.t taking in the cereal pits. Volume of business was moderate and prices changed but little. Provisions advanced. lyings who sought to realize profits unloaded cautiously, nursing the market tenderly on dips. In this they were assisted by a profe slonal bull element which seemed *to be at tempting to bring about a strong market. The range of prices was only %c and the close »■:„ a compromise between the extremes. foreign markets were generally higher and there was a good cash demand here and at outside points. In corn, as in wheat, there was plenty of evi dence that longs were takine profits arid shorts their medicine. thus adjusting difference brought about l>y the recent advance, ready for new speculation. It was a flattery market, but the net result was a slight recession in prices. There was little demand for export, but it wni observed that the best buying ct spot- w„>, done by a firm which recently has sold heav,iy to the foreign account. There was a fair shipping call for oats, but profit taking depressed prices. Argentina ported heavy export sales. Provisions were firm, with hogs, and the v 7 utile of business fairly large. The principal buying was said to be for au important pack' -r operating under cover. CHICAGO. Jan. 14.— E. F. Hutton & Co.'s wire says: •Wheat —Futures in this market closed with very little change from last price* yesterday There was fairly good action, I>oth early and late, with a choppy market at times. Efforts of local traders to force a reaction from Monday's advance was met by good buying orders from commission people, and each dip in prices was j followed by a fatrly strong rally. Tbe news of ' the day wag mostly bullish and those working