The San Francisco call. [volume], February 21, 1913, Page 16, Image 16

About The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913

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

                
BUSINESS, COMMERCIAL AND FINANCIAL SECTION
16
GAS CONSUMES
IN SOUTH SHOW
GOOD INCREASE
Records of Southern Cali
fornia Companies Prove
Efficiency of Pacific
Light and Power
UNITED RAILROADS
SLUMPS ON CHANGE
Decline Due to Effort of City
to Maintain Lines Owned
by Municipality
CLOVIS A. FARNSWORTH
Southern California Gas company,
which is controlled by Pacific Light and
Power corporation and operates g-as
plants in Los Angreles, Riverside, San
Bernardino and Colton. made very sat
isfactory gains in 1312, according: to a
statistical letter just received by N. W.
Halsey & Co.
The number of consumers increased
from 19,801 December 31. 1911, to 24,838
December 31, 1912, an increase of 5,037
or 25.9 per cent. During the same
period the gas output increased more
than 59 per cent. Following is a state
ment of the earnings, expenses and in
terest charsres for the year ended De
cember 31. 1912. compared with the year
1911:
Pet.
1911. 1912. Inc.
Gross income $434,!X>0.54 $630.200.26 39.60
Operating expen
ses, mainten
ance and taxes. 2.->5.020.93 359,797.34 39.44
Net Income $196.9T5.r,l $275,402.92 39.81
Interest charges.. 135,239.19 160.948.93 19.01
Balance $61,739.42 $114,453.99 85.38
* * *
IMTED RAILROADS SLUMP
Much local interest was manifested
yesterday in the slump of United Rail
roads preferred stock on the New York
exchange. The stork opened at $53.50
and broke to $4S. The same stock was
selling around $70 last December. The
common stock has dropped from $40 to
$24.50 during the same period. It is
believed that the weakening of this
stock is due to the recent decision of
the railroad commission denying the
company's petition for authorization to
issue bonds and also to the fact that
the city is proposing municipal rail
roads to compete with the United Rail
roads.
* * *
STANDARD OIL MEETING
The annual meeting of the Standard
Oil Company of California was held
yesterday at Richmond. The old board
was re-elected by the stock holders as
follows: D. G. Scofleld, W. S. Rheem,
F. H. Hillman. K. I. Kingsbury and
W. S. Miller. The directors elected of
ficers as follows: D. G. Scofleld, presi
dent: "W. P. Itheem, first vice president;
K. I. Kinssbury, second vice president:
W. S. Miller, treasurer; William Ed
wards, secretary; W. M. Hall, assistant
secretary and treasurer, and R. C. "War
ner, assistant secretary.
* * #
PLANTATION DIVIDENDS REDUCED
Honolulu Plantation company has
just notified its stock holders that the
monthy dividends had been cut from
30 cents to 20 cents a share because
of the present low price of sugar and
the anticipated reduction in the tariff.
* * *
F. L. LIPMAN ON VACATION
F. L, Lipman. vice president of the
"Wells Fargo Nevada National bank,
will leave tonight, accompanied by Mrs.
Lipman, for a month's vacation. They
will visit the grand canyon, Arizona,
and then proceed to Montreal, Quebec
and then New York.
* * *
RAILROAD GAINS
In the recovery in railroad earnings,
which set in early last fall and cul
minated in the biggest October on
record, the western systems enjoyed
phenomenal prosperity. The degree of
recovery was accentuated by compari
son with the period of severe operat
ing conditions in the winter months
of 1911-12.
The table helow shows the gross
earnings for the six months' increase
over the first half of the 1912 fiscal
year and the percentage of gain:
First six months— Gross Increase
Atchison $61,228,359 $6,291,575
St. Paul old system 39.004.1W 5.659 731
Oreat Northern 44.110.727 7 542 651
Illinois Central 33.431.641 2 920 30"
Northern Pacific 39.721.737 5241 WS
Northwestern 4 594 811
Southern Pacific 75.648.105 6 578 739
Union Pacific 51,580.269 4535*724
* # *
SQ.rTHER?r PACIFIC SURPLUS
Southern Pacific's annual report for
the year ending June 80, 1812, shows
ft Rurnluß of 7.92 per cent for the
$272,675,731 mitotan fling fltock against
8.E6 per cent for the ir.me amount of
■tock the previous year. It wae an off
year for the Harriman linen, because of
heavy weather, partial failure of crops
nnd shopmen's strikes, but Southern
Pacific's gross revenue fell off only
Sl.Ofln. 369, compared with Union Pa
cific's decrease of $3,005,499.
Central Pacific shows a surplus of
4.64 per cent for its $67,275,500 common
stock after payment of $1,516,366 bond
discounted. Central Pacific paid 4 per
cent on its preferred and 6 per cent on
the common, nartly out of surplus
leaviner a nroflt and loss surplus on
Juno 30 of $24,042,7.-1.
There was no change in Southern
Pacific's outstanding stock, but there
was a net increase of $25,358,326 in
funded debt, the only item not noted
LOUIS SLOSS & CO.
Investments
L f. HUnON 4 CO.
400 California St. Tel. Doiifrlan 2487
St. Franria Hotel. Tel. Douglai 3982
Members of New York Stock Exchange
Pioneer lloimr
Private Wire to ( falcago
and New York
j. c. Wilson &Ica
MEMBERS
NEW YORK STOCK EXCHANGE
NEW YORK COTTON EXCHANGE
CHICAGO BOARD OP TRADE
THE STOCK AND BOND EXCHANGE
SAN FRANCISCO
MAIN OFFICE
Mllln Building. San Franrltirn.
BRANCH OFFICES — Loa Angrleu.
Kan Diego, Coronado Beach, Portland,
Ore., Seattle, \\a«h., Vancouver, B. C.
Private "Wire. Chicago. New York.
ANGLO AND LONDON
PARIS NATIONAL BANK
SAX FRANCISCO
BOND DEPARTMENT
! Dealers Ik Investment ■•*£• J^ J
Favorite Stocks Moving in
Narrow Range and are Dull
NEW YORK, Feb. 20.—Wide changes of the day in the stock market
were restricted to the less active stocks. The favorite issues moved witmn
a narrow rang:© and were dull and heavy- Among: the less active stocKs
declines were larger, In some cases running up to 6 and 8 points. i-'J- u J l(
dation of inactive stocks has been a feature of the recent decline In the
general market. Discrimination by banks against such stocks as collateral
is said to have led to forced 6elling.
The spirited buying movement, which was in progress when the market
closed yesterday was not followed up today, although opening prices or a
majority of the leading issues were higher. This advantage was quickly
lost and a heavy tone developed. The market was subjected to no severe
pressure and a few of the prominent stocks moved as much as a point
below yesterday's close. Union Pacific, Reading, Northern Pacific and
Smelting were most susceptible to pressure.
Sentiment was bearish and little heed was given such favorable fac
tors as the outlook for peace in Mexico, the more cheerful feeling abroad
and an excellent statement for January of Baltimore and Ohio, the first
of the large railroads to make its report
These conditions apparently were outweighed by the importance given
to the proposal to double the state tax on stock transfers. Puch a plan,
advanced at a time when the street was already feeling the accumulated
weight of its woes, made sentiment decidedly bearish.
There was an easier tendency in the money market. Another small
gold engagement for South America was arranged today. The loss sus
tained from gold exports and subtreasury operations so far this week i-<y
the banks is nearly $7,000,000. , „, , i
Bonds moved narrowly and irregularly. Total sales, par value,
$2,000,000. • „ •
United States government bonds unchanged on call.
NEW YORK, Feb. 20.— E. F. Hutton & Co.'s wire says: "During the
morning session the market was very dull and in absence of bullish im
pulse the sentiment was generally bearish. The Albany proposal to in
crease tax on sales of securities to $4 had a very depressing effect on sen
timent throughout the street. Despite the weakness that developed in a
few of the new industrial stocks during the second hour, the general list
"Woolworth, after opening at 95, sold down to 90%. United States
Rubber sold down from 62Vi to 60%. Goodrich, after a rally on Wednes
day to 4 4 sold down to 41%. Chesapeake and Ohio recovered its early
decline and some said that even after the necessary financing was arranged
the company would be able to maintain its present dividend rate.
"Steel preferred was very heavy and some of the traders appeared to
be greatly impressed by the action of the stock. A few sales put the stock
down to 107*4 This was only a decline of IVj points from Wednesdays
close but it was a new low for the year. The selling was said to be of
the nature of liquidation. In the late afternoon the market, although very
dull retained its firm undertone, but was without special feature."
EASTERN STOCK AND BOND QUOTATIONS
New York Bonds
U S r»f 2s reg...100% Japan 4Us ••■•••• *is.
Do coupon . ...100%!Kan City So ref 5s 9i%
Ho 3* reg 102>-i!L Shore deb 45.1931 01%
Do coupon 102>*!l. & N unified 4s. »<Mi
Do 4s reg Il»H St X & Tex let 4s 03
Do coupon 113%! Do gen 4%s *4
Panama 3* coupon. 102^'Mo Pacific 4s .0
Al-Chal Ist 5s ctfs H | Do cv M BWi
Amer Ajrrleul ss. 101 X R of Mcx 4H«. Hβ
Amer T&T ct V C gen • BSJ4
Amer Tobacco 65.121W Do deb 4s «OVj
Armour 4U a .. . J PI |NY.NH4 Hct 84
Atchison gen 45.. «*.%'Xor & W Ist eon 4s 97^
Do ct 4s. 1900. .lOOm Do cv 4s 107
Do ct 5a...:...101%|N«f Pacific 4s 9iMi
Atlan C L Ist 4s. 94%' Do 3s «<
Bait & Ohio 45.. 97 !O S Line rfde 4s. 90Ve
Do 34s 90% Pa ct 1915.. 9.
Brooklyn Tγ ct 4s BS%;Pa con 4s 101JS
Central of Ga 55.107 |Reading gen 45... 96*4
Cent Leather ."*.. 9514' St L & S F , tg 4s.
Cbes & Ohio 55..100U,! Do gen Sβ. <9Vj
Do con 44» L 8 W eon 4s. 90
Chi & Alton 61 ISeaboard AI, «dj 5s 72
C, B& Q joint 4s 05 So Pacific col 45.. 96
Do pen 4s 95 Do ct 4s 8»
CM* StP ct 4143.102% Do Ist ref 4e.. 92%
C.RI& Pac col 4s. fi3V;iSo Railway 5s 106
Do ref 4s 86*41 Do B Pn 4 " "'*
Col So r*cxt 445. 931^!Union Pacific 45.. 99
Del & Hud ct 4s. 97M> Do ct 4s 93
Den & R G ref ss. SI Do Ist & ref 4s. M\i
Distillers 5s 6S TT S Rubber 65...103
Erie prior lien 4s. WH4ItJ 8 Steel 2d 5 5..1™%
Do gen 4s 7." ( Vn Car Chera 55.. 9.
Do ct 4s ser B. 74 tWabash lst&ext 4s 59
111 Cen Ist ref 4s 9 r .^'Western Md 4e... 83
Int Met 44s 79 %', Westing El ct ss. 93
Int Mer Mar 4Us. 644!W1s Central 4s 90%
* : !—. ♦•
I New York Mining Stocks |
+ — *
Com Tunnel stock OS , Mexican RO
Com Tunnel binds 12!ontarlo 2.50
Con Va Mm Co.. 23'Ophtr 20
Iron Silver l.SOJSnuall Hopes
I.eadville Con ... 06!Rfandard 1-00
Little Chief 03* Yellow Jacket .... 20
I New York Curb Stocks |
■* ■ -♦
NEW YORK. Feb. 20.— E. F. Button & Co.'c
■wire says: "Today's curb market was irregular.
Coppers were comparatively steady, bnt the in
dustrials broke badly. United Cigar Stores sold
down to 102. a loss of 3 points from last night's
close. There was a slight recovery at the close.
Oils were steady but quiet."
The following list is furnished by E. F. nut
ton & Co.. 490 California street. San Francisco:
Bid. Ask. I Bid. Ask.
Alaska Gold.. 13V. 13%iMlaml 6s 16* 173
Anglo Oil .. 174 18 (Mines of Am. 24 2%
Belmont 6% Montana T0n.17-16 1%
Braden Coppr 8% 84 Mizpah Ex .. 4S 4*
Do 6s ..165 170 Montg Sho 01 O.*>
British 0>1... 3% 4 Not Hills ... 1% 1%
Butte & N V 1% 8% 9
Clnett Peabdy 60 64 Ohio Copper.. % %
Do pfd ... 99 101 Pac G&E com 60 «2
Colorado 14 18 Do pfd 89 91
Con Ariz ...5-16 «4'S»>.n Toy 20 24
Davie Daly.. 1% I%'tflonx Con .. 2 5
Dolores 2 4 |S W Miami.. 5 7
El Rayo .... 1 2 iSo Utah .... Vt, %
Ely Con 10 12 [Standard OH.
El Paso Z% 6% ex subs ...Ml 387
Emerson 57 64 Do Cal 181 183
Do pfd ... 93 95 Do Ind 325 330
First Nat ... 14 2 ! Do Kansas.sß."> 590
Fraction 5 7 (Stewart 1% 14
Florence 40 42 [Tobacco Prod. 120 140
Gironx 24 2 9 16! Do pfd 92 93
Gld Daisy .. I B 'Ton of Nev.. 5% 5%
Gld Belmont. 6 8 iTon Exten 113-16
Greene Can.. 7% R fTon Merger... 79 80
H.illinger ... 15 ISKITM Bullion.. .7-16 4
Halifax 1 lVTuolnmne .... 2% 2%
Iron Blossom. 1H Ununited Copper % %
Tnt Rubber .. 8% »V 4 Do pfd — 8
Jim Butler ..70 72 rU S Light... 9 10
Jumbo Ex ..3O 32 |West Pac Ry. 8 84
Kerr Lake .. 81* 3*4 >Do 5s 86 8«4
Keystone .... 1% l%rWest Pow pfd 47 50
La"Roee..l 13-16 115-16' Do com ...19 23
Lehigh C0a1..205 215 |West End ...1% 15-16
Manhat Shirt. r,O 60 fWettlaufer .. 16 18
Do nfd ...100 1024!Wil!ys Overld. 634 «7
Man Transit. I*4 I%\ Do pfd 924 96
Marconi ZV. 3 3tf
Mason Val .. 74 7»4lPra!rie 326 332
Mays Oil ... 19 21 iVactram 173 176
MeKinley D. .115-16 2 ICont Oil ...1850 1950
being sale of an additional of $9,652,510
Central Pacific 4 per cent 35 year Eu
ropean loan bonds, making a total of
250,000,000 francs now outstanding.
The increase in liabilities was offset by
increase in cost of property, subsid
iary company securities, etc., giving a
net gain of $5,659,510 in profit and loss
surplus, this item standing on June 30
at $156,819,602.
All the outstanding bonds of the
Stockton Gas and Electric corporation
have been called for payment at 106
and interest at the Mercantile Trust
company of San Francisco on or before
January 1, 1914. These boards are be
ing retired in new financing of the
Western States Gas and Electric com
pany, which controls the Stockton
company.
* # *
SMELTIXG I!U MEXICO
It was announced In New York yes
terday that the Chihuahua plant of
the American Smelting and Refining
company had received a shipment of
S4 carloads of coal and coke from El
Paso, which insures continuity of op
erations for come time to come. Com
munication with the Matahuela plant
.is still interrupted. The other plants
of the company in Mexico are running:
without interruption, although in sev
eral instances there is a shortage of
fuel.
* # ♦
XATIOXAL SUGAR DIVIDEND
Directors of the National Sugar Re
fining company, when they meet In
New York next month, will declare
an initial quarterly dividend of one
half per cent on the new reduced capi
tal stock of $10,000,000. It was for
merly the practice to pay the regular
yearly 6 per cent on the old cumulative
$10,000,000 preferred stock and make
occasional disbursements on the $10,
--000,000 common, all of which was
owned by the H. O. Havemeyer heirs.
The junior shares were declared in
valid a few months ago and canceled
and the National's capitalization cut
in half. It Is the intention, however,
not to pay more than the old preferred
rate for tne present, although later the
dividend will be Increased if earnings
warrant such action. '
Fifty thousand chares of this stock
owned by the American Sugar and Re
fining company are being offered by
• that corporation to its share holders at
par on the basis of one share of Na
tional for every 18 of American held.
* * ♦
LOCAL BANK CLEARINGS
The San Frandeco Clearing House
association reported clearings for yes
terday at $7,922,847.48, making $58,
--331,353.62, as against $44,402,146:54 for
the corresponding week of last year,
when there were only five days because
of a. holiday.
THE SAN" FRANCISCO CALL, FRIDAY, FEBRUARY 21, 1913.
] Boston Stocks
BOSTON. Feb. 20.— E. F. Hutton & Co.'s wire
says: "The market opened firm Hnd fairly J
active. United Fruit was weak, declining five
points during the forenoon on a rumor that the
company was arranging some new financing. The
company's earnings continue excellent, howeTer.
Copper share trading was broad and continued
fairly actiTe during the forenoon, and strength
was shown throughout. Copper metal price Is
firmer at 15c, indicating that the bottom has
been reached. Early in the afternoon the mar
ket became rather dull and closed quiet."
The following list is furnished by E. F. Hut
tou & Co., 490 California street. San Fnncisco:
Bid. Ask. Bid. \Ask.
Adventure .. 3VA 3% Shannon 10% 11
Allones 334 344! Santa Fe 2 2\
Arcadian 1% 2 'United Shoe.. 494 50%
Aria Com .. 2% 3! Do pfd 28 2S>4
A P 4 4V4'Siiper & 8..3 1-16 3 7-16
Do pfd ... 214 21»i!Super Copper. 25% 26
Balaklala ... 24 3 [Tamarack .... 26 27
Cal & Ariz.. 604 61 'Trinity 4 4%
Cal & Hecla.44s 448 lU S Mining.. 384 39
Centennial .. — 14 Do pfd 48 4814
Copper Range 434 44 (Utah Apex .. 14 1%
Daly West... 4 JT'tah Con ... 9 9*.;
East Butte... lift 11*J I Victoria 14 174
Franklin 6 6>4|Wolverine ... 60 60
Granby BSV4 59y,!Wyandotte ..87 100
Hancock 17 18 Wlnona 24 2%
HelTetia — 75 Greene Can... 7% 7%
Isle Royale.. 24*4 25 Giroux 24 2%
Indiana 10% 11 IRay Con 16% 1714
Kerr Lake .. 3*4 3%'Algomah 1 Hi
Keweenaw .. 24 2%'80s & Maine. 90 94
Lake Copper. 13% 14 IBos & Albany.2l2 2124
La Salle 3% 4 IBos Elev ...109%110
Mess Con ... 44 5 lUnlted Fruit..l 67 l<sß
Mich Mm .. H4 14ISwift — 106
Mohawk 4714 47%'01d Colony .. 4% 5
North Butte. 24% 25 [Mayflower ... 8% 914
NeT Con ... 16S 164!Zlnc 29 29%
North Lake.. 114 l%[Butte & Super 31% 32V4
Old Dominion 45% 454! Island Creek.. 49% 50
Osceola 8S 90 ! Do pfd 84 —
Ojlbwsy 2 24!8 H 5% 6
Quincy 664 67 JP X 22% 23
Boston Curb Stocks
The following list is furnished by E. F. Hut
ton & Co., 490 California street. San Francisco:
Bid. Ask,! Bid. Ask.
Bohemia 2 2V 4 Wajestlc 41 44
Boston Ely .. 70 7f» 'Mason Val .. 7 '■? 7%
Calaveras ...2 15-16 3 rNev Douglas.. 2% 2%
Cactns S 7 JOhio 72 7T
Chief Con 1 11-16'Oneco 1% \%
Corbin fio 7O iShattuck Ariz. 22 23
Chino 3714 CTKilnp & Globe. 5 10
Davis Daly.l 1-16 1 3-16'Sonth Lake... 6x4 6%
Eagle &B" B. 9!>c 1 1-lOimited Verde. US 75
Kly Witch... 5 10. [New Baltic... 95 100
inspiration .. U% 15%'Mich tltah .. — 4O
+ «.
London Closing Stocks
Cons for money.. 74M111 Central 128
Do for acet 74V:lronisv & Naeh ... .135*4
Amsl Copper 69%' M. X & Texas 26*4
AtchiKon 104 m V Central 107=54
Bait & Ohio 104 (Norfolk & We«t...iosai
Canadian Pac 237%! Ontario & West... ."IV4
Ches & Ohio 74 , A!Pennsyl'»ania 60U.
Chi Great West.. mi' Rand Mines 6%
Chi, Mil & St Rl
Dβ Beers 21 ISo Railway 26% i
Den & Rio Grande Pacific 103%
Erie 29 T /<i!fnion Pacific 160%
Do Ist pfd 46U, , r S Steel G3V 4
Grand Trunk 28%!Wabash 3%
Bar silver —Kasy at per ounce.
Money— per cent.
The rate of discount in the open market for
short bills is H per cent and for three months'
blllg 4 15-16 per cent.
Xew York Money Market
NEW YORK. Feb. 20.—Money on call, steady
at 3@3*4 per cent: rnlinp rate, 314 per cent;
ckwlnir bid. 3% per cent: offered at 3%4 per cent.
Time loans, easier: 60 and 90 days.
per cent; six months. 4% per cent.
Prime mercantile paper. 5 per cent.
Sterling exchange, steady at a decline, with
actnal bnsiness in bankers' bills at $4.9325 for
60 day bills and Rt $4,8740 for demand.
Commercial bi!R $4.82%.
Bar silver. 61 %c.
Mexican dollars. 4&V.C.
Government bonds, steady.
Railroad bonds, irregular.
Clearings In Northwestern Cities
PORTLAND. Feb. 20.—Clearings, $1,818,073;
balances, $265,866.
SEATTLE. Feb. 20.—Clearings, $2,966,521;
balances. $396,985.
TACOMA. Feb. 20.—Clearings, $450,964; bal
ances. $79,597.
SPOKANE. Feb. 20.—Clearings. $620,720; bal
ances, $95,291.
Condition of the Treasury
WASHINGTON, Feb. 20.— The condition of the
United State! treasury at the beginning of busi
ness today was: Working balance, J7O.SSf>.OB3;
In banks and Philippine treasury, $44,238,719:
total of general fund, $147,091,599; receipts yes
terday, $2,780,189: disbursements, $1,808,105.
The surplus this fiscal year in $8,210,139, as
against a deficit of $24,103,230 last year. The
figures for receipts, disbursements, etc.. exclude
Panama, canal and public debt transactions.
Loans, Exchanse and Silver
Commercial paper percent
Loans on real estate SUifZrt'i percent
Bterl!ng exchange, 60 days — <Si 4. S3 U,
Sterling exchange, demand —Q4.87«i
Sterling exchange, cables —e54.88%
New York exchange, eight —@ .02
New York exchange, telegraphic — 4% .05
Hongkong exchange, eight — Of .49.70
Hongkong exchange, telegraphic —@ .49.85
New York silver, per ounce —(S) .61%
London sliver, per ounce —@ 28% d
CONTINENTAL
New York on Paris 5.1714
New York on Mexico 2.01H
Berlin on London 20.48U
Paris on London „ 25.24 V&
Calumet and Herla Declares Dividend
BOSTON. Feb. 20.—A quarterly dividend of $10
a share wae declared by the Calumet and Hecla
Mining company today.
Advance In Oil
FINDLAY, 0.. Feb. 20.—Illinois oil was ad
renced 5c to $1.25 a barrel today by the Ohio Oil
company.
Mining Stocks
Tb« boom In Midway of tbe Tonopah camp.
which was the big feature of tbe Bush street
mining stock market on Wednesday, abated for
a while yesterday morning, and friends of the
stock allowed board room bears and profit takers
to Yorce the price down several points from the
high level reached wben»the upswing was on.
The selling movement did not last very lone]
however, for along about the middle of the fore
noon Informal session of tbe board the stock
turned upward again and recovered practically
all of the early loss. It was selling in large
blocks at 50c at noon and made another email
gain after the luncheon recess, only to sell off
■lightly again. There were no new advice* re
ceived from the mine.
The early weakness In Midway checked trading
in the other prominent Tonopabs, and the market
was unsettled during the greater part of the
morning, but a few firm spots developed at the
late sessions. Tonopab Extension, West End
Halifax and a few of the lesser lights of the
camp were a little higher on a fair volume of
trading, but there were weak spots also. Bel
mont figured among the latter and told at IT
a decline of 50c a* compared with Wednesday's
! New York Stock List
E. F. Hutton ft Co.. 490 California street,
members of the New York Stock exchange, fur
nish the following list of bond and stock eales
yesterday:
Sales I
STOCKS ?
I High! Low j Bid I Ask
Allis-Cbalmers ...
Do pfd
14,300 Amalg Copper....
300 Amer Beet Sugar
Do pfd
3,200 Amer Can Co
Do pfd
1,200 Araer Cer & Fdry
Do pfd
Amer Cotton Oil.
Do pfd
|Amer Hide & L...
••••-••! Do pfd
200 Amer lee Sees...
R00 Amur Linseed
500 Do pfd
1.200 Amer LoromotiTe.
Do pfd
Amer Malt
400 Do pfd
l.OOOIAm Smelt & Refg
[ Do pfd
100!Amer Snuff
I Do pfd I
1001 Am<r Sugar I
Do pfd
Amcr Steel Foun.
100 Amer Tel & Tel..
4<>o: Amer Tobacco
100 Do pfd
J Amer Woolen I
Do pfd I
1.1001 Anaconda
[Atlan Coast Line
2,6Oo!a T & Santa Fe.l
1001 T)o pfd
1.."<WBaltlmore & Ohio!
Do pfd I
300 Bethlehem Steel. .I
300 Do pfd I
lOOIB R f
•".lOn'Callfornia Pet !
.TTOOICanadlan Pacific.I
3,000|Chtno Copper
6,8O0!<; & O».
looic & a:
3<x» c a w
Do pfd
C * N W
700 c m & st p
100' Do pfd
lOOiCentra! Leather..j
I Do pfd
'Central of N J...
lOOlC f! C * St L...
! Do pfd
200|Colo Fuel & Iron.I
'Colorado Southern]
100! Do let pfd
I Do 2d pfd i
fiOO!Consolidated Gas. I
SOOjCorn Products
1001 Do pfd
ICrrx Carpet
'Del & Hudson
!Del Lack & W...
lOOlDen & Rio Gr...
Do pfd
1.100 Distillers' Secur..
Duluth S S 4 A..
I Do pfd
2.7OO!Er1e
2,700 Do 1st pfd.....
200 Do 2d pfd !
500 General Klectric.j
500 Gt Northern Ore. I
l.TOOjGt Northern pfd.. 1
900IC,oldfleld Con I
300'Illlnois Central... 1
4001 Inspiration
800|Internoro-Metro...
l.OOO! Do pfd
8001 Inter Harvester...
Unter Mpr Marine!
I Do pfd
200!Internat'l Paper..
400) Do pfd
Ilnternat'l Pump..
] Do pfd
Iowa Central
I Do pfd
lOOlKansas City Sou..!
200! Do pfd I
l,100|I>high Valley.... 1
Liegett & Meyers
Do pfd
lOoip Lorlllard Co...
1.100'LouIsvl & NaehTl. ,
'Mackay
I Do pfd
lOOiMexican Central..
1,600'Mexican Pet
IMinn & St Louis..
! Do 1st pfd
!M St P & SS M
I Do pfd
lOOlMo Kan A Texas
100 Do pfd
Miami Copper....
700 Missouri Pac !
National Lead '
200| Do pfd
1.100!National Biscuit.
I Do pfd I
300!Natlonal Enamel.
SOOlNevnda Cons
IN Y Air Brake..
500!n y Central
N Y C & St L..
Do 1st pfd
Do 2d pfd
100'N Y N H Hart..
2on'\ y Ont & W..I
900 1 Norfolk & West
Do pfd
200'North American..
3.?00; Northern Pacific.
'Omnha
I Do pfd
iPaoifio Mail
1001 Pac Tel & Tel...
2,V>0'Penn R R Co
2OO|Peop1e's Gas
SOOlpittsmirjr Coal...
1.2001 Do pfd
\P C C fc St L..
I Do pfd
fioolPressed Steel
200! Po pfd
2,r,oo ! Ray Cons
1001 Ry Steel Springs
! Do pfd
31.000'Roadins
I Do 1st pfd
I Do 2d pfd
100'Republic S & I...
I Do pfd
2.300Rork Tsland Co..
300) Do pfd
l.e*HVRumley I
300! Do pfd I
C.OOOlSears-Roebnck ...j
'Sloss S S & I Col
Do pfd
IStL&SF 1st pfd.
I Do 2d nfd....
4,700!Sonthern Pacific..
200'Southern Railway!
200' Do pfd
3,000'Tenn Copper
8.000'Texas Oil
2.000!Texas Pacific
500'Thfrd Ave
........ITol St L & W
I Do pfd
(Twin City R T...
400irnr1erwood
1,200'T'nirm Bag & Pap!
11,200'TJnion Pacific |
2001 Do pfd I
400!Un Rys Inv Co...
1,000! Do pfd
0 S Cast I Pipe..
I Do pfd
5.B00IU S Rubber j
600l Do 1st pfd.....!
! Do 2d pfd
33.000'r s Steel Cor I
2.300! Ho pfd I
l,200|ntali Copper
IOO: Va-Car Chem Co.
! Do pfd
lOOIVlrelnla Coal
1.200! Wahash
100! Do pfd
0 400'Wostorn Union...
JJfJO!Wfstern Maryland
j Do pfd..
2,700!WpstlnRhouse
W & L E
Do 1st pfd
Do 2d pfd
Win Central
2,500|Woolworth I
• • • • •
'SO%
28
37%
'56"
70%
iie"
1253
'35%
ioiii
101
101
[see
Sβ
1 «(!
8RT4
ft64«
1231%
11
1514
27
53'
34%
"ee"
!••-•••
I
"soii
!'29141
! 44%I
1 85%
139%
I 36%|
'128141
! 2% I
! 1223b!
! Iβ
17 ]
59% I
!108%
11%!
[46 I
"-
.....
V,"
•;••_•
131
!••
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•'■'
11
••
• •
140
! 27
■ i v .■ ...
!• ■
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'i
i" *
i..
!*"-
!••'
•••
"eMw*j
'K
••
H
:%
JRg.
' "-■" i
££
2
67 7*
KB
83%
3f>%
m%
50%
114
49
96
102
17
77%
35 Vβ I
1«K I
iar>
101 %l
101 j
100%
**
35%
65
88%l
I 53%
R
14%
30
133%
10R I
136%
27
94 v;
53
90%
34
27%
«.->%
eo
1132
13%
75
20%
35
ie%
I
13
12e
2%l
122%!
I 1«
16T4
5H%
!107%
4V*
17%
11
43%
13
56
9
20
24 U
59%
155%
114%
ISO
131%
184
15
16
21
37
17%
8
15
29%
45%
I 36
140
I 16%
17
59%
107V,
4%
18
11%
44
15
57%
12
25
24%
«0%
mk
90
40
124
50%
116
50%
51
«9V
1O4%
1ST.
105
!U6%
1117 "
III
3.-%
W2%
35 %
127
101%
101«
85
36%
67
89 %
53 V*
231%
37%
8*
15*4
30%
134
108%
140
27 f t
57
!>5
34%
29
70
70
132%
14
77
Is
117
[32%
S4
fl7%
24
71%
20
47
■ ■ • • •
••
'23%
■-iv-ik . •_■
18
43
I
I*-*.-*.**
I
'2S%
til I
22*4
37%
25%
62
22%
37%
49%
107%
U3%
i:
I'ieV-i'
iey 4
1
:ie
16%
73
,•■'
105%
60
I* *
""'
• -
97
S7t;
127%
3O%
'90"
■»"
: :::::
'37>4
•••
.,.
82
78
nr.%
92
79
115%
1SS
{SB
ti»u
not*
I 20%
8SU
I11RV6 1
1110
s*
i^
• • I
»%
100
30
98
16%
29%
»S%
ir.7%
J>o%!
89 !
24% I
84 I
22 V,
38
Kf)l/.
91 "
f>2
00%
2.".%
Rβ
22%
3S%
I 70
92
••
22%
39
j 76
19r,V4
I
79%
37%
'is"
36
79*
35%
36
m%
58
25%
100%
26%
79%
35%
114
18
35%
10%
25
2fi%
79%
36%
115
18%
35%
12
271*
105 V,
! 931*
"93%
6 I
87
26
53%
87%
24%
48
14
55
00%
2."
49
Iff
?-
■' *.'■■■■;• , I
--■■-- -■"■ ■
V
.....
71%
61%
108 !
50%
31^1
SI
31%
'49"!
! 3 I
' n^ ,
! 42%
■76%
51
31
2%
9%
67 i
41%
69%
6 I
20
10%
48
ei %!
49
3
10%
63
44
«4%
70
7%
25
14
w>
91%
!- 95"|
219.700—T0tal shares cold.
Wllnon'N Vlevre on the Market*
(From J. C. Wilson & Co.'o private wire)
NEW YORK. Feb. 20.—Prices rul*d steady
today for the standard stocks, hut some of the
new Industrials became very weak, and failed to
recover. The reason for these declines may be.
that they hare In many Instances been selling
ontirfly too high for the dividends paid, com
pared with pood old time seasoned stocks. The
selling may be overdone In some of these secur
ities and sharp rallies may occur. Generally
speaking, we feel friendly to the market for the
good stocks, but advise confining operations to
issues of merit.
Cotton—Prices sagged under the weight of
further liquidation and then suddenly rallied to
ward the close on short covering. It was a nat
ural rally after the recent depression. As the
tendency to accumulate a considerable short in
terest, sudden upturns are to be expected. Sen
timent Is generally bearish. That means, how
ever, that rallies, even sharp ones, may occur
from time to time as shorts liquidate. On these
rallies wi» still favor sales.
BOSTON, Feb. 20.— Yesterday's rally was well
maintained today, especially In the local cop
pers. The level of prices la so low that liqui
dation has practically ceased. Heavy sales of
copper are being made around 15c, and the situa
tion is improving every day.
CHICAGO, Feb. 20.—Wheat —Wheat had an
easy spell early on the reports of some rain and
enow and prospects for more, bat this did not
last long. Broomball confirmed the Russian de
mand for Argentine wheat, as cabled on Feb
ruary 17, but said consummation of business
would be attended witb. difficulties. It is enough
for us to know that Russia Is In any such posi
tion as to be even considering such a move. Wβ
expect a gradually advancing market.
price. The Merger received but scant rapport
and ruled weak all day at 79c.
Following a gain on the New York exchange,
Goldfleld consolidated moved up to $2.35, but
the advance was not maintained, for the rUe
brought out a selling movement which, while of
■mall proportions, was sufficient to carry the
price below Wednesday's level. Atlanta gold
at 16c, while the other low priced Usuee of the
group were neglected. Nevada Hill* waa In good
request at $1.20 all day, and email eales were
even made at an advance over that figure.
All of the north, end Oometocki were weak
and more or leu lover on toe day. the heaftett
I SAN FRANCISCO STOCK AND BOND EXCHANGE
Associated Oil stock furnished the feature on the San Francisco Stock and
Bond exchange yesterday. With the price closing at f42.87% Wednesday, the
market advanced steadily yesterday to $43.50, with the total sales of this stock
for the day aggregating 850 shares. Spring Valley weakened a trifle, with 50
shares selling at $63.50 and 100 shares at $63.75.
California Wine common showed some recovery, 35 shares selling at $46.
sugar stocks sold off with small sales.
The bond sales were without feature in the listed department. In the un
listed department $6,000 General Petroleum 6s sold down to $69» General Pe
troleum stock was also off. 275 shares selling at $29.37 M. Other sales in the un
listed department were 245 shares of Pacific Gas and Electric preferred at $90
and 110 shares of the common at $60.25.
The total sales on the exchange yesterday were $42,000 in bonds and 1,075
shares in the listed department, and $6,000 In bonds and 620 shares in the un
listed department. •
The exchange will be closed tomorrow, Washington's birthday.
LISTED SECURITIES
* SALES FEBRUARY 20, 1913
Morning Session Afternoon Session
Board— Board*—
5 Hawaiian Coml ft Sugar 33.87% 50 Associated Oil Co 42.87%
10 Philippine Tel ft Tel Corp 24.25 15ft Associated Oil Co 43.00
r>o Spring Valley Water Co 63.50 M> Associated Oil Co, b 90 44.00
$1,000 Cal Gas & Electric unifying ss. 96.12 U. 100 Associated Oil Co 43.12%
$2,000 Cal Gas ft Elec G M * C T 55.101.87% .10 Associated OH Co 43 H5,,
$1,000 Contra Costa Wat gen mtge 55.. 97.r>0 2.i0 Associated Oil Co 43,, 11?
$1,000 Contra Costa Wat sen mtge 55.. 97.25 Rft Associated OH Co. s 90 If-Sj?
$I.ftO(i Oakland Traction Con 5s 97.12% M Associated OH Co, cash 43.37%
$i.OOO People's Watpr Co 5s , 81.7.". " 100 Associated Oil Co 43.50
$3,000 San Joarpiln Light ft Power 55.100.60 MS California Wine Assn (com)... 46.00
$4,000 Spring Val Wat gen mtge 45.. 94.00 10 Onomea Sugar Co 32.25
$10,000 Great Western Power 5s Sβ.so 15 Pacific Tel & Tel (pM> 97.00
Street— 100 Spring Valley Water Co 2'H
$7,000 Bay Counties Power Co 5e.. 101.00 $1,000 Lcs Angeles Gas & Elec Corp ss. 07.."W>
$?.000 Oakland Transit Con 5s 102 -2"
$2,000 People's Water Co Sβ 81.75
CLOSING QUOTATIONS
BONDS ! Bid. Ask. Bid. Ask.
IT. S. Bonds— BW. Ask. Oakland Transit Co ss. 103 — Cal Wine As«n com.. 45% —
4s qnar coup (new). 113% — Do Con 5s 101%102% E Ida Pont de N pfd. ©0 —
3s quarterly coupon.. — — Oakland Trac Con ss. 07 — Do common ISS —
Miscellaneous Bonds— Oakland Trac Co ss. 91% —- Fireman's Fund Ins. ..242 247%
Alaraeda Artes W r.s. — 98 fOakland Water gtd 5s 97 98 [First Nat Bauk of SF. 227% —
Associated Oil Co r»e. 101 lO2%!Omuibus Cable Ry 6s. — 103 'German SaT ft L0an.3160 —
Bay Counties Pow 55.101 101%!Oro Electric Corp 6s. »8»4 08%' Giant Powder Con 122% —
Cal Cent Gas ft El 55.101% — (Pacific Gas Imp 45.. 89% — '.Hawaiian Com] & Sug. 33% —
Cal El Gen ss, ser A. — 102 Pacific Gas ft Elec ss. 89% 90%!Hawa!lan Sugar C 0... 35% —
Cal G&EI gm & etSs.lol% — Pacific Electric Ry 55.104% — tHonokaa Sugar Co — 7%
Do unifying 5s Oβ — Pacific Light * P ss. — 96%"!Humboldt Savings Bk. — 129
California St Cable Ss.lol 102 Do guaranteed 55.. — Sug Plant. 16% —
California Wine 55.. 98VilOO Pacific Tel ft Tel ss. — 100%jKilauea Sugar Plant. 12 —
Cent Cal Traction ss. — 95 Park ft Ocean R R 6e,100 — [Marin County Water.. — —
City Electric Co 55.. 86*$ 87%: People's Water Co 5s 81% 82 Mercantile Nat Bank. — 220
Coast Counties LAP 5s 94% »■"> I Sac El. Gas ft Ry 55.103 — Mill Val ft Mt TmSRy — —
Contra Costa Wat ss. — 99% Sac & Woodland Rss 95% — Mutual BaTings Bank. 75 79
!>o gen mtge 5s 97 — S .Toaqnin Lt & P 55.100% — North Alaska Salmon. 99% —
Edison EI of L A ss. 102 — | Do Cor 6s. series A. — 103% N Cal Power Co Con. 38 38%
Edison Light ft P 65.106% — !S F Electric Ry 55.. — 90 lOnomea Sugar Co 32 —
E I duPont Pwdr 4%s — 93%'SF.N'apa ft Calls R cc.102 — 'Oro Electric Corp pfd. 72% —
First Federal Trst ss. 100% — is F. Oak &S J Ry55.104 104%' Do common 15 Iβ
Ferries & Cliff H R6s.IOOU — Do 2d mtge 5s 9">% — |Oro Water. Light ft P.IOO —
Great Western Pow 5s BftV. — Do Con Ry 5s 85 — Paauhau Sugar Plant. 16% —
Haw Coml & Sug r.s. 102 — SJft S Clara R 4'Aβ — 90 Pec Aux Fire Alarm. — 4%
Honolulu RT & L e5.106 — Santa BarbaraG&El6s.lOO%lol% Pac Coast Borax pfd.loo%lol
Lake Tahoe RiT ss. — 97 Sierra Ry of Cal 65.. 97 — Do common 80 —
Long Beach C Gas 6s. — 101 SPRR of C 1c g Sβ. — 112%!Pactnc Coast Casualty.loo 135
Los Angelas Elec ss. 99% — SPBranch Rof Cal 6s. 124 12e JPaciflc Crude Oil Co.. — 50c
Los An? Gas &El ss. 90% — S P R R Ist ref 4s. 92% 93%! Pacific Light Corp pfd — —
Do Corn 5s 97% 98%!S Val Wat gen m 4s. 94 94%] Do common 108 —
Los Angeles Ry 55.. — 106 United Gas & Elec ss. — 102 Pacific Tel & Tel pfd. — 97%
Do Corp 5s »6% — United RRofS F4s 63% 64 Do common 37 —
Los Ang Light gtd ."s.IOO — Val Counties Pow 5e.100 102 People's Water Co pfd. 59 60
L A-Pac R R Icm 55.104 — STOCKS Philippine Tel&T Corp 24 25
L A-Pac RR of Cal 5s 99 99%jAlaska Packers' Asen. 87% — jßealty Syndicate 133% —
Marin Wat & Pow r,s. 99% — 'Amalgamated Oil Co. 82 — Savings T T n Bk ft Tγ.250 262%
Market St Rγ Icm ss. — 93%! American Nat 8ank..133 — Security Savings 8ank.330 375
■Mid Counties G*El 6s 99% — lAnglo-Cal Trust Co. ..124 130 IS F-Oak Ter Rys.A pfd — 80
Mill Val &. MtTmRSs.IOO — Anglo ft Lon P 8ank.154 — ISpring Val Water Co. 63% —
Natcmas Con of Cal 6s 94% — Armshy Co of NY pfd. — 99%'Sterltng Oil ft Dev.. 1 —
Nor Rt Co of Cal 55.10R% — Associated Oil Co 43% 43%' Union Oil Co of Cal.. — —
Nor Cal Ry 5s 100% — Bank of Cal, N A...200 — Union Provident C 0..100 —
Nor Cal Power Co 55.10f1%102 California St R R 124% — T'nited Petroleum Co.. — —
Do Con 5e 90% — Cal Fruit Canners 116% — Union Sugar Co — 30
Nor Electric Co 55... — 95% Cal Ine Co (par $40). 72 — Union Trnst Co — —
Oakland Gas. L&H 5e.100 101%'Cal Wine Assn pfd.. 83% — [West Coast OH pfd.. 70 —
Oakland Transit Co 6s. 107% — |
UNLISTED SECURITIES
SALES FEBRUARY 20, 1913
273 General Petroleum 29.37% I 245 Pacific Gas & Electric (pfd) 90.00
110 Pacific Gas ft Electric (com)... 60.25 I $6,000 General Petroleum 6s 69.00
The following are the latest quotations for unlisted securities on the San
Francisco Stock and Bond exchange:
BONDS Bid. Ask. Bid. Ask.
Fid. Ask.i South Cal Cement Ms — 80 Nor West Electric 30 —
Alaska Packers 6e.. .104%105%'South Cal Edison Bβ. — f>B Northern Elec Ry pfd. 44% —
Amer River Elec ss. 85 98 South Yuba Water 6s. 106 107 Do common 20 —
Associated Oil Ist ref «7% 91% South Pacific Coast 4s 92% 94 Oakland Bank of Sav.22o —
Bay Counties Pow 65.101 — [Sunset Telephone 55.. — 105 Oakland Traction pfd. — >0
Blue Lakes Wat bds.lo3 — Sperry Flour Ks 99 100 Do common — 20
Cent Oak Lft Pow Sβ — 88 Turlock Irrigation ss. — 90 Oahu Sugar ,? 4 *:7
Cal Northwestern 55..103 104 'United Light ft P 6s. — 90 Do Railway 1 ?5,, 1 ?2
Coast Val O&E1 lst6s.loo 101 United Properties ss. 49% — Ocean Shore Ry 10% 18
Crocker Hotel Co 5%5. 101 — Do debenture 6e 7% 14 Oak, Antioch ft E — 20
East Shore Water ss. 90 100 Union Traction Co ss. — 95 Oak ft Antioch Ry 25 35
Gearv St Munic 4%5. — 100 West Sacto Land 6s. — 100 Oro Development Co.. 40 —
Gen "Petroleum Rs — 69 West Mtg ft Guaranty — 108 Orpheum stock 10% —
Honolulu Plant 6e 101%101% Western Pacific Ry 5s 86% 86% Pac Coast Borax (01d).206 —
Home Tel So Ore 6s. — 102%'Yoeemite Val Ry ss. 82 90 Pacific Hard ft S pfd. — 95
Hunt Land ft Imp 6s. — 101 STOCKS Do common 14 —
Modesto Irrigation bde — 91 lAlameda Sugar — 21 Pacific Port Cement... — W
Monterey ft P Grv 6s. — 97%' Bank of Italy 125 140 Pacific Gas ft Elec pfd — 90%
Miller ft Lux 5s 99% — Bank of San Jose — 170 Do common 60 —
Mt Whitney Pow 65.101% — Buffalo Brewing Co.. 65 — Palace Hotel stock — 80
Natomas Dcv 6s 100 — Cal Cotton Mills 67 75% People's Water com... 4% 4%
Do Land & Mfn 6s. 98% — Cal State Life Ins... — 20 jPet ft Santa Rosa Ry. 20% —
Do 2d mtge 6s 76% 80 Cal Pacific Title pfd. — 100 Portuguese-Airier Bauk — 62
Nor Cnl Pow det 6s. — 95 |Cal Electric gen pfd. 78% — Poulsen Wireless — 37%
Nor West Elec (subs).los 115 'Central Cal Traction. 12 15 Presidio & Ferries Ry. — 34
Oak & Antioch Ry ss. 82% 85 Central N B of 0ak.160 — Riverside Cement 50 —
Oak Ant ft ERy ss. 81 85 tCentral Trust 116 — Standard Cement — 22%
Olympic Clube 7s — 100 [Cypress Lawn 2% — SF ft Oak Trem Ry-. — 45
Oro Water. I» ft P 6>.100%1')3%!Ewa Plantation C 0... — 25% Sen Francisco Secur... 47% 51
Orphenm 6s — 102% First Nat Bk of 0ek.200 — San Joaquin Light AP 20 —
Pacific P»rt Cementes. 98 — iFrench-American Bnk. 97% — Santa Crur Cement.... 47 50
Palace Hotel 6s — 107%' General Petroleum ... 30 31% Schmidt Lith Co IT —
Pet ft Santa Rosa ss. 93% — iHawalian Pineapple.. 43 — Sperry Flour 26% —
Do 6s 94% — (Honolulu Plantation.. — 30% Do preferred — 100%
Philippine Tel 5s 83 83%t Do pool — 30 Union Ice Co 55 —
Do 6s 03 99 'Honolulu Oil 1.07% 1.15 Vulcan Fire Insurance. 13% —
Riverside Cement 65.. 77 7.) jltalian-American Bnk. — 100 Weed Lumber Co — 112%
San Carlos Park bde. — 60 iKern Land Co ISO — Western Pacific Ry... 8 8%
San Dieeo Gas &Else — ftS%!KeT Route pfd 84% — Welle Fargo Nev Bk. — 175
S Joaquin L&P ref ss. — 92 Do common — 22 West Coast Life Ins.. — 199
SFft S Joaquin VSs.iOSU — Mascot Copper 2% 2% West Sacto Land Co. 65 —
SF ft Nor Pacific .".s 102% 103% Metropolis Trust ...; "1 — Western Amer Realty. 13 —
Sierra kS F Pow ss. — 97%'Matson Navigation ...120 — West Metropolis Bank. — 87%
Standard Cement 6e.. 92 — Mechanics' Say Bank. — 30 Western Meat Co — 106%
Standard Electric ss. 92 — Merchants' Nat Bank. — 90 Western States Life... — 11
S F Gas ft Elec 4%5. 93% — Noble Electric Steel.. — 15 Western Power pfd... 47 —
Do non callable 93% 94 jNat Ice ft C Storage. 52% — Do common 15 —
Santa Crue Cement 6s 88% 88%! Natomas Consolidated. — Iβ Yuba Con Goldflelds. ■. 4 5%
declines being in Ophlr and Consolidated \ lr
glnia. These two stocks sol<l down to 21c. Mexi
can had one lone sale at 75c.
SAN FRANCISCO STOCK EXCHANGE
Following were the sales on the San FrancUco
Stock exchange yesterday:
Regular Mornlnir Sc««lon
KO Old Con M...2.25J 500 Ophir 25
500 Man Big Four 87! 200 Sierra Nev ... I
2000 Midway 471 800 West End ....1.30
500 Mizpah Ex .. 507000 Yellow Tiger.. 02
Afternoon Session
6T.00 Atlanta 1612000 Midway 45
500 Belmont 7.0011500 Midway 46
100 Con Va M 2414000 Midway 47
1500 Con Va M 23! 1000 Midway 48
100 Gld Con M...2.3."» 1500 Midway 49
200 Old Con M.. .2.30 1200 Midway 30
200 Old Con M...2.25 200 Nev Hills 1.25
300 Halifax 1.10 200 Ncr Hills ..1.22H
900 Do. s 5 1.05 200 Sierra Nev ... 13
500 Jim Butler .. T2 700 Sierra Ncr ... 12
500 Jim Butler .. 71 400 Ton Exten ...1.80
1000 "Man Amalgam 03 500 Ton Merger ... 79
3000 Midway 44! 200 Union Con 12
Informs! Session
4000 Atlanta 1612500 Midway 4»
1000 C O D 06!3O0O Midway 48
600 Con Va M 22! 300 Npt Hills ~. .1.20
50 Con Va M 241200 Ophlr 21
200 Con Va M 211000 Ton Merger ... 7»
2000 Dcx W Cap". 08| 200 Union Con 11
300 Old Con M.2.27 W 500 West End ..1.27i£
500 Man Big Four 871 200 West End 1.30
100 Mexican 75 500 West End ..1.3214
1300 Midway 50 200 West End ..1.37%
3500 Midway 51
CLOSING QUOTATIONS
CALIFORNIA
Bid.Ask.l Bld.Aek.
Brunswick Con 60 — iKeane Wonder. — 23
Bunker Hill. .1.50 3.50|80 Eureka M.2.50 2.75
Cent Eureka.. 15 —f
NEVADA
Cometocks
Bld.Aek.! Bld.Aek.
Alpha — OStJulla Con — 01
Alta — 03jJnstlee 02 —
Andes 03 04!Kentuck Con.. — 02
Belcher 20 —[Mexican 74 76
Best & Belch. 02 03 Occidental .... 70 —
Bruns Chollar. 10 12|0phir 21 22
Brims Potosl.. 12 —lOverman — 30
Bullion — OllPotoel 02 04
Caledonia 60 — JSavage 04 OB
Challenge 03 OSJSeg Belcher .. 03 05
Cbollnr 01 02 Scorpion 05 07
Confidence ... 30 — Sierra Nev ... 11 12
Con Va M.... 21 22 Silrer Hill ... 03 —
Con Imperial.. 01 02! St Louis — 02
Crown Point.. 20 25|Union Con 11 12
Exchequer ... 01 O»Utah — 01
Oould & Cur. 03 04 Yellow Jacket. 20 25
Hale * Norc. Oβ 07|
Tnnooah District
Belmont 7.00 7.lO|North Star ... 20 21
Boston Ton .. 01 02 Rescue Eula .. 10 11
Cash Boy 09 lO'Ton Exten ...1.80 1.82
Halifax 1.05 —Ton Gypsy Qn. 03 04
Jim Butler .. 71 72iTon Merger ... 79 80
MacNamara .. 20 2lfTon of Nev...6.00 —
Midway 48 40 Ton 76 Con... — 07
Mizpah Ex .. 47 49 Umatllla 03 04
Montana 1.50 I.s2|Weßt End 1.37 1.40
Mon Pitts Ex. 14 18j
Goldfleld District
Adame — OltOld Portland.. — 01
Atlanta 16 17 Old Kewanae.. 04 05
Blue Bell ... — 02iOld Merger M. 27 28
Bine Bull ... 04 05|Grandma 01 02
Booth 03 04 Great Bend .. 01 02
COD 06 07|Grt Bend Anx. — 01
Columbia Mt.. 01 02 Grt Bend Ex.. — 01
Com Fraction. 05 06| Jumbo Ex 31 82
Conqueror Con — 03! Lone Star Con. 02 03
Crarker Jack. — 01|Oro 07 08
Dmd B Bnrte Red Hills 01 02
(reorganized) 03 04 Red Top Ex.. — 01
Dtndfld Daisy. — 04 Sandstorm Ken — 02
Florence 40 42 Silver Pick Con Oβ 07
France* Mhk.. 01 — Spearhead Gold 02 03
Gold Bar Old. 05 —Rt Ives .. 30 —
Gld Bulldog... 03 05 Vernal 10 13
Gld Con M...2.25 2.30 Yellow Tiger.. 02 08
Bullfroe District
Bonnie Clare.. — 02 Tramp Con .. — 02
Mayflower Con 01 02
Manhattan District
Dexter Union. 02 03 Mln Hill Con.. — 01
Gold Wedge... 10 11 Morning Glory. 01 02
Man Amalgam 03 04 Mustang Man.. 03 —
Man Big Four 87 88 Mustang Ex .. 01 02
Man Con 06 08 Stray Doe ... — OS
Man Dexter .. 04 05 Thankegivlug.. — 01
Man W Caps. — 08|
Other District*
Atlas Wonder. 12 13 Pitta S Peak.. 60 63
Bnckhorn Mln. 05 — Raw Coalition. — 01
Eagle's Nest.. 01 — Round Mt 33 35
Fairvw G Bid 03 — Tecopa Con ..10 13
Vmv Bill* ...1.20 1.85
I v Oil Stocks I
"♦'..V ' '" ''' .'..:"""";';'■'/". '".' - ' - • »
SAN FRANCISCO * STOCK EXCHANGE
■'.-■■' Bid. Ask. •->;■";< : ' : - Bid. Ask.
Coal Central 20 — Orcutt ; Oil.. 55 —
Dβ Luxe ... 60 ,— Palmer ..... .— 17
Empire .... S3 '■;"'— Republic ... ' 15 —
111 Crude '.. ■ — j* 05S.W, & B... Iβ 20
Luclle ?..... 3.00 —iTurner ..... 1.00 1.25
Marlcopa 36. 33 " — Wolverine-.. 50 —
Monte Cristo 75 '-:''— W;K Oil Co. 2.22 —
Nat Pacific. 03 —'Storage ctfs. 31 82
New Pa Pet 40 501 . ; . ,
-' .: -.-. . -•■"..■ : ••" .,:■■" SALES'" "-•' '.",•: . ■'--#£
" Informal a. m.— . ,
100 Associated ■ Oil >?:.:.* .............. 43.00 :
' ; 1 LOS ANGELES' OIL EXCHANGE}
(Special Dispatch to The Call) - ■ -
V; LOS ANGELES, Feb. 20.—A noteworthy fea
ture was the sale of 172 sharps of Amalgamated
at $82.50 and 10 shares at $82.(52%. This issue
has ■ been * holding ' its ' own ; lately and has * been
very actlTe. | In the cheaper oil stocks California
Midway was In demand ; and 5.000 shares sold at
3%e and 3%c. The call: .;•; r . • -. . -,
Producers— /;:,-;..-,; ."."■ Bid. ' Aek." ;
Amalgamated Oil .•....;..... 82.50 82.62%
American Crude OH Co.V.:... • — -. 30
American I Pet Co (pfd)..-.'.... 71.00 76 00 •
American Pet Co (com) 51.00 V. 70.00
Bear Creek O & M Co..:.... . .73 • .80
California Midway Oll'Co.... : 13% : . 14
Central'.;.................... _ 1.10 I
Columbia T-;.";'...;;....-..?..:.. 75 ' <■ ,35
Continental *". '..'.~..~. r..VC\;.'.".;• • — '"'" '30 -
Euclid 011 Co..;.......,......"a , '30■-.
Fullerton;OU.-..;.;.v..;....-.. 2.00 s!50
Globe on Co.:. , .;:;.-;;... , ...;. 02 03%
Jade OU i Co. ...;.'...v.;..«... •'" ' .06% V _-!*
Marieopa Queen — : , • .80 C
Mascot i Oil Co ".".■'.:'... '..;;:..* ' B2iA
Midway Northern , ..;......... 093i ' ■
National Pacific..,.'».;.;..;;.. . .0314-v
Olinda • Land Co (Oil) .'.......' 3S% . . 40
Pennsylvania Midway Oil C«.. .07ii'-. - ,j_ •
Rice Ranch Oil - Co ..:;....;.-"-": _ : 1 40 r
Traders OH Co ..... I. ....;. 67.50 ' '_
Union; .*..-.*/...'..."..;■....•....-: 02.62% '• 92 75
Union Provident Co.".. ;.■....;";104.S7% ;, '105'">'5 : i
Unlted^OIPCo.."l-.::r..\....'..>' 35% "seu
Western Union:.:......;...... 77 50 :, -,," _- "
White Star Oil Co........;.. — i»20 00-1
•::■<:■ ■■■- -'..-■ ■--.■•■■-■\.>- SALES ::.l'- • ™
.«--' »: v. ;- Morning Session ■-' .," ! • : .,i. .' .. , =
,. 172 Amalgamted r ...'....;..;;.';/..;... 82 50 ■'•
"•■•10 Amalgamated .■;;.■.■...:."*" R2*R5tt
3,000 California:Midway; :'.Y::\. .;. *v* '/'■ • 1*2
2.000 California Midway .-.. .-.v..;; *•*.- iqit
1,000 01indan..;.v;-..'...-/..... " : ' ' "qotZ
3 Traders'...Tr.;;.:...;..;...::::::69:oo^
: 10 Unloa.........-. .\ -.-..-.-............ 02.75 *
' ,/,nU . ;r Afternoon Sales T -
168 Union ..■....■.::...:;■:•. - " ' ' 00 7 ■■■
1 20Union T..:.;:.. ;...*..,.h'HIM" "' 92 62U
■•-* 25 Amalgamated r.:.: ; :.'. '...'." * " w^
2.000 Midway ■ Northern;*..*.....*.*;. " ~~'hav
1.000 California Midway "I*"-: VSg
2.000 California s Midway..... "i^tZ
2.000 National Pacific ;;.;..% ' '•••••/ '™*
3,000 National Pacific r.'. r...;. r.: "" " "03a?
, v : 1 Union Provident........-..;. '.'. "". 106 00 ?-
Grain Market
♦- ■ '
yp.:Q.^i\ytiint'i and Other Grain* •.- -*
Wheat—The S local spotri market > Is running
along in the same old groove, with \ trade j quiet
„,,,„. ~~ - <£?">*»l>ed by B, P. Hutton & Co., 490 California street.)
CHICAGO, Feb. 20.—Tne leading futures ranged a« follows:
Wheat— Open Hifth Low Close Feb. 19
' *0.92% $0.93 $0.92li $0.92% $0.92%
[ •• 91% 91% 91% 01«i
'ember 90% 90% 80% 90% 00%
Corn—
r 52 64% 61% 62% 51%
' 53 53% 53 6314 53
tfmbtt 64 64% 64 64% 54%
Oate—
P 84 84% 53% 84 34
' • 34 34% 84 34% 34%
t*»ber 34 34 34%* 84
Tear Ago
$1.00
95%
94%
67%
67%
67%
62%
47%
40%
:
rare. —
' 19.70 19.80 19.67% 19.77% 19.80
' 1».57% 19.65 19.57% 19.65 19.70
Lerd —
r 10.57% 10.60 10.55 10.60 10.60
' 10.60 10.62% 10.57% 10.62% 10.«2%
tfinber 10.65 10.72% 10.63 10.70 10.67%
Short Rtbt—
' 10.46 10.47% 10.42% 10.47% 10.60
' ••••• 10.42% 10.50 10.42% 10.50 10.47%
timber 10.47% 10.55 10.47% 10.55 10.55
15.50
15.77%
900
9.30
987%
1
1
4
SUMMARY OF
THE MARKETS
New York stocks develop a reao
tlonarr tendency.
Decllae In copper shares appar
ently checked.
Cotton future" cloee the day wtt»
a ftmart rally.
Persistent liquidation In coff«*
market.
Associated Oil leads local stock
trade.
BuNlneNfl In local bonds relaxe*.
Nevada mining stock trade calma
down.
Local wheat market quiet, bm*
Meadr.
little change In wheat at Chicago.
Barter options lose recent small
gains.
Choice barley Urmly held by sp«*
traders.
Epjc handlers await *hippln«
orders.
Butter market develops an easy
tone.
OranßpK flrmly held at shipping;
points.
Nothing: new In Kfeen produea
line.
Dressed turkeys find prompt sal%
Live poultry keeps well cleaned
and prices seldom showing any rarlatlon. Boom
liberal lines came in fmna the north yesterday*
The Chicago market was rather dnll. wltll
prices showing hardly any change on the day.
CASH WHEAT
California white Australian, nominal: CeMfose
nla elob, $1.57%® 1.60 per ctl: northern clnl*
$1.57%@1.60: Turkey red, $1.67%@1.72%: Rw
sian red. $1.55®1.57%: forty-fold. $1.60*
1.62%; bluestem, $1.67%@1.72%.
FUTURES
No quotation*. .. ..
Barley—There was a spurt of aetmtr to fig
tares at the morning session of the call boare
yesterday, bat it was of brief duration and thm
market became a dreary affair In the afternoon.
Prices were lower, with both options selling
down to $1.31 at the morning session. The «p«*
market wae steady to firm, particularly nm
choice feed, which was held at $1.37% a cent**.
CASH BARI>ET
Choice feed. $1.37% per ctl: Nβ. 1 do, $1.82*j
®1.35; off grades, $1.27%®1.30; ehlppln* aafl
brewing, $1.37%@1.4T%: chevalier, nominal.
FUTURES
11 a. m. Session
May sold at $1.31, and December opened M
$1.31 i; and closed at $1.31.
2 p. m. Session
No trading. May closed at $1.30 bid. $l.fl
asked, and December at $1.30% bid, ll.Sltf
asked.
Oats —Red. per ctl; black, nominee
spot white feed, $1747%®1.52% for choice an!
$1.40(3-1.42% for stained.
Corn —Eastern yellow, carload lot*.
$1.30: do white. $1.31®1.33; Egyptian whits*
$1.67%®1.72%; Kaffir. $1.50.
Rye—ls offering at $1.37%@1.45 per ctl.
Foreign Future*
LIVERPOOL.
Wheat — March. May. Jalf.
Opening 7 Sγ. 7 8% T Sit ,
Closing...." 76% T3% 7 r,g
PARIS
Wheat— Feb. May-Anf.
Opening $1-44% $1.43*t
awing 1.43*4 1.43S
Flour, per barrel — Feh. Bfay-A-ig.
Opening $6.57 $8.43
Closing 6.55 6.42
CHICAGO BOARD OP TRADE
Future Gratn and Provision*
CHICAGO. Feb. 20.—Revival of export demand
in the west for shipment by way of the gulf
gave the wheat market today an upward slant.
The close was nervous at a shadp to is@%e over
last night. Corn made a net gain of and
oats l-ie<H>i4c. In provisions the outcome varied
from 5<574c decline to a rise of 214 c.
Owing to rain or snow extending from Okla
homa to South Dakota, wheat at first took a
down turn. The market whs bearishly effected
also by predictions that world shipments for the
week would be large. For the time being, north
western reports of decreased arrivals formed the
only offset in favor of the bulls. News that for
eigners were buying wheat in Omaha to be routed
ria New Orleans effected a complete change In
pit sentiment. The result was to add quickly
%c to prices here, and this notwithstanding that
a cold wave was patting an end to the deposit of
moisture in portions r>f the winter crop belt.
However, a group of big houses with free ordere
to sell at any further advance brought about a,
feeling of uncertainty as trading came to an end.
Primnrr receipts were 7"2.000 bushels against
a holiday last year. Clearances of wheat end
flour equaled 417.000 bushels.
Corn found friends when wheat begun t<*
ascend. Besides. ther<» were complaints that
rural hauling was bandieaped by the softnes* of
roads.
Oats were firmer on account of belief tliat the
weather was unfavorable for marketing, though,
less so than for corn.
Provisions responded later In the session to the
strength shown by grain. Earlier the bean were
in control because of the liberal ran of hogs here
and et otber leading points.
CHICAGO, Feb. 20.— E. F. Hntton ft Co. , *
wire says:
"Wheat—Not much character to the trade to
day. The market has covered about the mim
range as yesterday, with prices about as mucb
higher as lower than yesterday's close, the low
figures coming first. The sale of 123.000 bnin
els from Omaha for export, via New Orleane,
done today, had some effect in helping value*,
although it developed that It was a sacrifice •*!•
to make room for corn and was nearly %o lower
than a sale of 25.000 bushels of the same grade.
No. 2 hard. Sales of 35 loads of Manitoba wheat
have been reported sold late yesterday and today
/or export. On account of a holiday a year age,
and the fact that receipts a week age were rot
two days, the figures on primary receipts, etc.,
are worthless today. Export clearance* harm
been small —87.000 bnehele of wheat and floor.
Although the official weather map aa of T a. m.
showed no measurable precipitation In Kansas,
there were light snows shown In Nebraska and
heavier in Colorado. Also, there were many
private messages showing snow or rainfall ex
tending from South Dakota to Oklahoma, lncliv
sire. There has been a little better inquiry te»
day for cash wheat, but aetnal sales have n«|
been Important. Sales reported were 80,00 v
bushels. Hershey, Neb., reports two inches nt
snow and still snowing at 1 p. m. Cables tola
of fnrther rains in India.
"Corn at no time sold more than a fractlosj
below yesterday's close, and It responded late in
the session to the advance In wheat, dosing
higher. The weather was mild over the core
belt, which means soft roads, without the addi
tion of rains, which are forecasted. Meanwhile,
however. Texas has tried to sell corn In Kansas!
City. Seaboard claims it is getting its supplies'
from Indiana, and there has been little done her*
on domestic or export account. Argentine ship
ments for the week are estimated light at 860.*
000 bushels, against none a year ago. Caab
sales reported here were 142.000 bushels.
"Oats have been quite dull, with prices keep-
Ing steady to a little over yesterday's close.
Limited trade on shipping account. The weather
is unfavorable for marketing, but less so than
for corn. Sales reported were 210.000 bushels.
"Provisions were easier most of the day, re»
spondlng late In the session to the strength)
shown In grains. ERrly declines were due to
the large run of hogs here and the drop of RftllOo
at the yard*. Early decline brought some rather
conservative and substantial buying of proviiions,
which helped late values."
Cnmh Grain and Prorfsjfona
CHICAGO. Feb. 20.—Corn—No. 2 yen«w.
4»V4c: No. 8, 47<fJ!48*ie; No. 3 white. 48<ffi4flo;
No. 3 yellow. 47«r4S*4c; No. 4, 44%®47%c;
No. 4 white. 45V. He
Rye—No. 2. 62c.
Barley—47<9!7lc.
Timothy—s3.7o.
Clover seed—sl2^l9.so.
?B>tf York: Grain Market
NEW YORK. Feb. 20.—Flour—Quiet.
Wheat —Spot firm. No. 2 red, $1.09X4 elevator
and $1.11 f. o. b. afloat; No 1 northern Dnlutb.
$1.01 \k f. o. b. afloat. Futures easy, early on
the cables and precipitation In the southwest,
but rallied on covering, due to reports of export
sales of 40 loads, closing unchanged to %c net
higher. May closed July
closed 98% c. September 07c. Bonded wheat May
and July closed bid.
Korthvreat Wheat
WASHINGTON
TACOMA. Feb. 20. —Wheat—Blnestem. BHc:
forty-fold. 86c: club. 86c: red Russian, 82e. Car
receipts—Wheat 8, corn 2. hay 3.
SEATTLE. Feb. 20. —Wheat —Blnestem. 9Sc;
forty-fold, 85% c; club. 85c : flfe. 85c: red Rus
sian. 83c. Yesterday's car receipts—Wheat 11,
corn 2, hay 4.
OREGON
PORTLAND. Feb. 20.—Wheat—Track prices:
Club, 85<38ec; blueetem, 93<ft94c; forty-fold. 86c;
red Russian. 84c; valley, Bee. Car receipts-
Wheat 63, barley 7, flour 9, oats 4, hay 4.
Minneapolis Grain and Flax
MINNEAPOLIS, Feb. 20.—Wheat—May, 88Hc;
July. 90@90Mic; September, 90c. Caeh—No. 1