The San Francisco Call. Newspaper, August 16, 1895, Page 3

THE SAN FRANCISCO CALL, FRIDAY, AUGUST 16, 1895. e e e e e 3 SMITHS FLAT MINES The Important Develop- ments Progressing in the District. MINES CHANGING HANDS. A Group That Shows Ten Dol-| lar Rock From Grass | Roots. | | OPPORTUNITIES FOR CAPITAL. The Deepest Shaft Three Hun- dred Feet in Rich Ore. Aug. 15—Smiths | attention just ding of two of de capitalists | ing on others. | a quarter west ANGELS CAMP, CAL, Flat i now on acco its principal and the acti of the b to o work pre is a mile ar m feet in the vein at the bottom. It was the ore from this shaft that turned the scale in favor of a bond. A mill test of the ore on the dump showed §$15 a ton in free gold, and about 2 per cent of sulphurets that as- saved from $75 to §100 per ton. The shaft was located at the hottom of the gulch where there was no opportunity for a mill at a lower level, so when the new company took hold they chose a bet- ter site on the hillside. Tne new shaft is down about eighty feet, and the quartz coming out of the bottom is almost identi- cal with that of the Utica. It is stratified with slate and has a talc gouge. The foot- wall is smooth and regular, and on the sur- face it is between eighty and 100 feet across the vein to the hard black siate defining the hanging wall. Mr. Roberts estimates the mill value of all the ore taken out of the new shaft at $10 per ton. Occasionally rich ore is found showing free gold, and THE CALL cabinet will be enriched with a fine specimen the next find. The big vein is traceable the whole length of the claim, at times crop- ping beldly and again decomposed to an iron-stained gravel. Next in importance is the Pure Quill mirte: Between that and the Angels Camp mine is the Glass claim, where a prospect shaft has just been commenced. The Pure | Quill is an example of what can be accom- plished by perseverance under difficulties. It was bonded some time ago by Harry Routledge for $10,000. Not having suffi- cient capital to develop. it alone he asso- ciated with himself four “practical miners and gave them a half-interest in the mine ‘i(\r their work. They sank a shaft some NEWS OF THE COAST. No Separate Receiver for the Atlantic and Pacific. REASONS OF THE JUDGE. Believes It Would Interfere With the Traffic of the Road. |CAUSES OF THE APPLICATION. They Are Ably Reviewed, and It Is Shown Immediate Action !s Unnecessary. ALBUQUERQUE, N. Mex., Aug. 15— The application of the first-mortgage bond- holders of the Atlantic and Pacific Rail- road, which is part of the Atchison, To- peka and Santa Fe Railroad system, for the appointmentof a separate receiver was qualified to adequately represent as trustee conflicting interests, and if these receivers were vested with unlimited discretion and were not mere hands of this court in ad- ministering this trust the request for a separate receiver by the holders of the first mortgage bonds, inadequately secured as they are, would have almost controlling weight. This receivership, however, is a temporary expedient to protect and pre- serve the property in the best manner pos- sible, and however great may be the claim for consideration by these lien creditors, it is not the only consideration. “t seems to me that it is practically agreed that, if the traffic agreement pro- vides for an unjust division of the earn- ings, that adjustment, upon a proper basis, will relate back to the time the courts took into their custody these rail- roads or that, even if such were not con- ceded, it should be assumed that the various chancellors will authorize the doing of full justice in the matter, and, in my view, it is a far more practical way to adjust this matter than if a receiver were appointed. “It.1s my view that this application should be denied at present, with leave to renew the same by November 1, 1895, if in the meantime these alleged grievances are not corrected or shown to be without foundation in fact. «I direct that in the case of the Mercan- tile Trust Company vs. the Atlantic and Pacific Railroad Company et al., holding in this court, a special master notify other masters to whom the joint reference has been made in the traffic division matter that this court requests their co-operation in OUTLINE MAP OF SOME OF THE MINES ON THE GOLD HILL LODE, SMITHS FLAT DISTRICT, CALAVERAS COUNTY, ON WHICH IMPORTANT DEVELOPMENTS ARE BEING MADE. of Angels, and has its series of parallel lodes converging at Carson Hill much the same as the Utica system does. During the past three days I have gone over the ground from the Gold Hill to the Pure Quill pretty thoroughly, trying to find out the particulars of the big sales reported of the Smadeke (or Blair) and Pure Quill mines. At the Bisbee mine the owner showed me some ore containing quite a large per- centage of tellurium. The shaft here is down 100 feet in good ore, but the water is coming in fast, and more powerful pump- ing machinery will probably have to be put in before they can go deeper. The claim is 1149 by 600 feet, and within its boundaries seven distinct veins can be traced on the surface, most of which prove their dip will concentrate at depth. A prospect can be obtained nearly the whole width of the claim. The ore from the shaft runs from $5 to $500 per ton. A five- stamp mill is attached to the mine to pay expenses of development. The sulphurets here are very rich, averaging about 2 per cent, and running as high as $400 per ton. At the Smadeke mine I found J. J. Blair, one of the owners, who was very ready to give THE CAry all the information in his power, except that immediately per- taining to the sale. The mine and mill were temporarily shut down during the conclusion of negotiations, so I was unable to personally inspect the rich ore said to line the shaft. The shaft is the deepest in the district—about 300 feet—and Mr. Blair said he was absolutely indifferent about the sale, as he had figured up about $750,000 above that level. The price asked is $350,000, and the offer of $300,000 has been peremptorily refused. 1t is understood now that the asking price has been agreed upon. The claim is 2134x600 feet, and has a five-acre millsite. The ledge has been crosscut 93 feet without finding hanging or foot wall, and all in pay ore. Much of the rock shows free gold and telluride, and some of it assays up in the thousands. If all is true that is said of this miune it is| cheap at §1,000,000. My next call was at the worksof the Angels Camp Gold Mining Company (for- merly the Turner mine), and here I was fortunate in encountering J. H. Roberts, the modest but thoroughly practical super- intendent. After lunching with Mr. Roberts and his genial wife he kindly gave me the history of the mine and its prospective future. Like many others in the district, it had been basking in the sunshine for the past twenty years under iis former ownership, “waiting for some- thing o turn up.” Finally it was bonded by Crarles Roberts of San Francisco, wl_w went to Europe and secured capital for its development. J. H. Roberts (no relation of the promoter) was put in charge, and within a year’s time it will be known whether the company has a min= or only a hole in the ground. Mr. Roberts has gone to work in the right way. With an eflicient hoisting ap- paratus he is putting the money into ;he ground instead of on top. A finely tim- bered two - compartment shaft is being sunk on the ledge on the footwall of the vein. It will be sunk 250 feet without crosscutting. At that level the vein will be crosscut and lateral drifts run and then the shaft continued to a depth of 600 feet. The location of the Angels Camp mine is unusually favorable for mining and mill- ing. There is a sixty-foot fall from the collar of the new working shaft to the level of the millsite, and the ore chutes for the mill will be only fifty feet from the shaft. Below the mill there is & long grade down the gulch which can be uiilized for flumes and other purposes. 1t is not decided yet whether steam or electricity will be used if it proves a mine and big works are needed. Both are available at any time. The development on the mine previous to Mr. Roberts’ bond consisted of some rospect holes and a sheft about sixty-five eet deep, with 8 crosscut of ten or twelve | eighty feet, and the developments were so vromising that ttie misie was conditionally | sold to 8. T. Godbe and associates of New York. Mr. Routledge tells me the price agreed upon was $80,000. A partial pay- ment has been made and the work of de- velopment will be prosecuted with energy. Hoisting works costing $4500 have already been purchased, and a large mill will'be erected as soon as the reserves of ore jus- tify. There is a 23-foot vein of rich ore at the bottom of the sharf, much of it show- ing free gold aud the sulphurets assaying very high. ! With the Gold Hill, the Eclipse, the | Bisbee, the Blair, the Angels Camp and the Pure Quill all actively at work in pay- | ing ore, the prospects of Smiths Flat are | exeedingly bright for the future. There is no better illustration of the folly of those who contend that the Utica ledge 1s the | only one to “tie to” in this camp. The Utica could make no such showing of rich ore at the same levels as the mines here mentioned. The fact is that on all of the parallel !ledges from Altaville to Carson Hill the prospects obtained: justify the investment of capital for deep prospecting. On the surface the whole belt for six miles wide is gold bearing. Wherever there is an out- cropping of the mammoth ledges the gulch below has been mined over and over for placer gold, and the character of the gold found shows conclusively that it came from the quartz. There can be no doubt about the future | of a district where quartz can be mined | and milled at a profit at $150 per tom; | where there are a large number of parallel | veins in close proximity ranging from ten to a hundred feet wide, and all showing | pay rock at the grassroots; where wood, water power and means of transportation are at every one's service on reasonable terms; where the season for work lasts | from January to December. As an old | miner pertinently remarks, “If the same | kind of a district were discovered in the wilds of Australia or the interior of Africa | the millionaires of San Francisco wonld be | chartering swift steamers in the race to | get there first.” The sketch map accompanying this article was drawn by Walter D. Shannon, Deputy United States Mineral Surveyor, | from field notes in surveying mines, and is | correct so far as it goes. It serves to show | the location of the Smiths Flat mines in | connection with Angels and the Utica ledge and the general trend of the lodes to Carson Hill. A. J. BROOKS. FISH FOR FRESNO. One Hundred Thousand Lake Tahoe Trout Being Planted in the County. FRESNO, CaL., Aug. 15.—County Game { Warden F. A. Rowell received 100,000 Lake Tahoe trout on thisevening’s train. They. were sent by the State Fish Commission and arrived in excellent condition. Rowell started immediately for the mountains with the fish, and will drive all night, reaching the mountains before the heat of to-morrow. The fish will all be distributed high up in the Sierras. The numerous small lakes near the summit will be stocked with 50,000 of them, and the other 50,000 will be divided between the San Joaquin and Kings rivers. Abont a month ago Rowell stocked Stephenson Creek with 30,000 rainbow trout. People who visit the mountains of this county in a few years will consequently not lack sport in the piscatorial line, AR THE CARSON MINT STEAL. It Is Expected to Come Up Before a Fed- eral Grand Jury. CARSON, NEv., Aug. 15.—The United States Grand Jury was drawn to-day in open court. The jury consists of forty men comprising citizens of the five coun- ties of Washoe, Storey, Lyon, Douglass and Ormsby. It is reported that the jury will be impaneled Monday to consider” the Carson mint steal. 3 decided to-day by Judge Collier of the | United States court against the bondhold- ers and in favors of the present receivers | of the whole system, The court in denying the application said: ““A summary of the facts shown in this hearing is that prior to either of the said companies going into the hands of re- ceivers they and other roads, nearly all of which are also in the hands of receivers of the courts, constituted a transcontinental | railroad system which had built up for | itself an enormous business, and that the defendant company, for which receivers were appointed by this court, was pri- marily built by the aid of the other two companies, to form with them a through line to the Pacific Coast. It is also shown that of itself, and independent of such connection as has existed between it and one of these com- panies—the Atchison—it could not be maintained as a going concern; that if it were entirely divorced from the Atchison it would be entirely worthless unless cap- ital could build other connections for it. It is claimed that the receivers of the sev- eral companies, who are the same persons, have, since their adverit into office, treated this company most inequitably, and that they have demonstrated most effectively that their actions, which, it is alleged in the bill, disqualify them from protecting adequately the interests of defendant com- pany, do so disqualify them. They also claim that this inequitable treatment not only has the effect of depreciating the salable value of their - securities, but that, in the meantime, instead of there being an income from the property, which should be applied to the first-mortgage lien, re- ceivers’ certificates are being issued, which | will be a mortgage on the property, claimed to be a superior incumbrance to said mortgage lien. ‘They say that in view of the inadequacy-of the security for their first mortgage—a matter which ap- pears to be conceded—they are entitled to paramount consideration as being prac- tically owners of the property. “The special grievance complained of is that there is a grossly unfair division of the earnings under the traffic agreement which the receivers found in existence at the time that the property came into their hands; that the only semblance of justifi- cation there could ever have been for such an inequitable sgreemenf was that the said two other companies were guarantors as aforesaid, paying the interest they agreed. “Another grievance, zlso, is what is termed the equipment contracts made between the-defendant company and the Atlantic and Pacific. The equip- ment company is unjustly burdensome; that as respects this and said traffic agree- ment these receivers have been remiss to a degree that shows them utterly incapable of caring properly for the interests of the defendant company, it being urged that this remissness is due to partiality in favor of said other companies. “This court believes that the time when for any consideration it will be deterred from summarily removing, if it has power, any officer proven to have grossly abused a trust assigned to him, or who has been slavishly subservient to influences opposed to that trust has not arrived. “While it seems to' me that if there is justice in -these two and other things complained of, there is a somewhat greater delay than should have occurred; yet I am convinced that it does not arise from lack of integrity or competency on the part of the receivers. It seems so manifest that the Atlantic and Pacific Railroad Company can have just treatment ac- corded to it as a part oi & great.system that it will be better for ai! interests concerned that I should pause before doing that which ‘would nominally if not actually change this condition of affairs. 2 | “Itistrue no man should be considered proceeding with the hearing in such mat~ ters on or before September 25, 1895. order will be entered denying the applica- tion for a receiver.” VETERANS BREAK CAMP, Fun Around the Campfire Con- tinued Until the Dawn of Day. Retiring Lady Officers Presented With Handsome Gifts as Tokens of Esteem. SANTA MONICA, Cawn., Aug. 15.—The last day of the camp finds the veterans and their families seemingly as anxious to get home as they were to come, and to- night the tented park is deserted, there re- maining only Commander Dill, Colonel Brooker and Quartermaster Summers, who will be detained for a few days settling up the financial affairs of the encampment. At the close of the entertainment in the big tent last night everybody adjourned to Lincoln Circle, where aring was formed and a huge campfire lighted. From then on the fun was fast and furious, every one ‘being called upon by turn to sing a song, tell a story, dance a jig or travel. This was kept up until a rosy streak in the sky announced dawn, when all retired fora brief rest. An active canvass has .already com- menced as to where the néxt, the ninth, encampment will be held and nearly every town in Southern California will undoubt- | be an active bidder in the field for it. ed}y The sanitary condition of the camp has | been remarkable, considering the large number camping, and too much praise cannot be bestowed on Surgeon-Woodward, who attended as constantly to his duties and enforced as strict sanitary regulations as if he was on the field of battle. Mrs. Ella Vanhorne, past president of the Ladies’ Auxiliary, was presented with a solid silver and gold soup tureen, and Mrs. Munson, retiring treasurer, with a silver and gold jardiniere, for the faithful and ardaous labors performed in behalf. of the encampment. & Captain Colbert was given a gold pen be- cause he dances so well, the lasies say. The Methodists are preparing for their camp-meeting, which wifi commence on the 16th and continue for ten days. They | will use the pavilion for their meetings. 3 st v TRADE WITH THE -ORIENT. It Is Likely to Be Restricted for Some Time to Come. PORTLAND, Or., Aug. 15.—Very dis- couraging reports of the Pacific Coast’s flour trade with the Orient are given by George 8. Palmer, managerof the Spokane flouring-mills, who has just returned from the Orient. Mr. Palmer says that in anticipation of the lon% war, prices in Japan have been inflated beyond all reason, and the coun- try is stocked up with supplies for a long time. Asa consequence of the boom there is now depression in all lines, which will take the country for a long time to rally from. Mr. Palmer says the prospects are that all trade with the Orient will not im- prove for months. The industries of the country are practically paralyzed and things are a standstill, Mr. Palmer thinks the country is in such a foment of unrest ‘that if a revolution should break out at any time among the people it would not be surprising, ———, . An Important Mininy Deal. CARSON, NEV., Aug. 15,—An important mining sale is about to take place here. Mr. Russich is negotiating to buy the Black Horse claims and fifty others in the Buckeye district. a0 Accident at Capitola. CAPITOLA, CaL., Aug.15.—Ella Gear- ing, the six-year-old daughter of Herman Gearing of this place, fell from the steps of the lbhzool.hon_aep and broke Tl ankle this afternoon. . An | her leg near the | NEWS OF THE COAST. Sale of the Consolidated Railroad Is En- joined. WORK OF A BONDHOLDER. The Restraining Order a Com- plete Surprise to All Con- cerned. FORECLOSURE IS DF¥MANDED. It Is Claimed That the Proposed Sale Had Not Been Properly ! Advertised. LOS ANGELES, CArn., Aug. 15.—The sale by the trustees of the Consolidated Electric Railroad of Los Angeles, which according to announcement and adver- tisement, was to have' taken place at 12 o’clock; noon, to-day, did not take place. A few moments before the hour advertised a summons was served upon E. B. Pcnd and D. 8. Dorn, trustees, together with a complaint and a restraining order signed by Judge Clark of the Superior Court. In consequence the auctioneer, after reading the order of sale, announced a postpone- ment until to-morrow at 12 o’clock. The restraining order was like a thun- derbolt from a clear sky. No indication up to this time had been apparent of any opposition to the proposed sale, and it came to be looked on as a matter of course that the bondholders would bid the road in. Last evening a letter wa- received by the trustees signed George H. imith, attorney, | saying a client of his, a boa:iholder of the road, protested against the sale, but no suit was anticipated. The complaint on which the restraining order was issued to-day was signed by George H. Brearty, and alleges that there is a conspiracy among the bondholders to buy in the road for one-third its value; | that they have not properly advertised the sale; that they have not used proper means to secure bidders, and, therefore, prays the court to postpone the sale and have the road disposed of under a decree of the court. Among the prominent persons present at the hour fixed for the sale were Thomas Brown, cashier of the Bank of California; Lovell White, cashier of the San Francisco | Savings Union; ex-Mayor E. B. Pond and | D. 8. Dorn, trustees; Captain Payson, manager of the Pacific Rolling-mills; Messrs. Allen and Campbell of San Fran- cisco; F.W. Wood, manager; Judge Bick- | nell. attorney; W. H. Hubbard, director of the road of this city, and many others, D. S. Dorn, one of the trustees, was seen by a CaLL correspondent to-night-and said: ““As a trustee, I have complied with the requirements of the trust deed. Astoa combination between the bondholders, it ! may be true and it may not. I have no farther interest than as trustee to do my duty. |* “Mr. Brearty claims that the sale should be more extensively. advertised and that the road should be sold only after fore- closure. As long as the sale is made properly it is immaterial to me how it is made. The bondholders demanded iuat the trustees proceed in this manner, and have indemnified us, and we have acted as required by the trust deed pursuant to their demand. However, if the plaintiff of the suit is correct in his views and the court should order the road foreclosed we will actaccordingly, bat if the injunction is dissolved we will proceed with the sale to- morrow. The injunction was an utter sur- prise, as on leaving San Francisco we con- sidered’ the sale- as contemplated was entirely satisfactory to all parties con- cerned.” . SUISUN'S MURDER TRIAL. It Is Attracting More attention Than Any Case for Years. SUISUN, CaL., Aug. 15.—The trial of | John C. Marshall, who is eharged with the murder of his brother-in-law, Charles F. | Agee, near Dixon on the evening of the {Zfith of last May, began in the Superior | Court yesterday. Owing to the absence of Judge Buckles, who is taking his summer vacation, the | case is on trial before Superior Judge Jones | of Contra Costa County. | More interest is manifested in this case | than any that has been on trial here for | years. This is due to the prominence of | the man who was killed and of his father, | C. C. Agee, who was one of the early set- tlers in this county. The case will be bit- | terly fought, and will probably occupy the attention of the court during the re- mainder of this month. Up to the adjournment of the court this evening two panels of veniremen, number- ing seventy-eight, were exhausted and but eight jurors were accepted. The defense exhausted fifteen veniremen by peremp- tory challenge and the prosecution five. Sheriff Rush was instructed to make another venire of twenty-five jurors re- turnable at 10 A. M. to-morrow. District Attorney Frank R. Devlin is being assisted in the prosecution by Hon. Dennis Spencer of Napa and ex-District Attorney George A. Lamont. Marshall's defense is being ‘conducted by Hon. Reese Clark and E. E. | Gaddis of Woodland and 0. R. Coghlan of Suisun. Judging from the manner of the ques- tioning of jurors it is eyident that. the defense will either try to show the insanity _of Marshall or that the killing we. :ne accidentally. ' Loim T YAQUINA BATHERS. Two of Them Forced to Spend a Night on a Reef. YAQUINA, Or., Aug. 15.—Anthony Mec- Kee, an Easterner, and a young lady whose name is said to be Mamie. Cartwell, summer sojourners here,made each other’s acquaintance ina highly romantic manner while surf-bathing, but - under circum- stances that nearly proved fatal to both. The two were enjoying a plunge in the surf and uncnnsciouuixfl got further out than they intended. iss Cartwell is a strong swimmer and McKee encouraged her to swim to a reef of rocks some dis- tance out in the bay. They reached it in safety. - _ + Then one of those sudden fogs, common on the bay, dropped down. The couple had not been missed by the other bathers, and to add to the seriousness of the situa- tion the tide came in and the g‘unn\i lady became very much frightened. McKee yelled for help until he was exhausted. .In their thin bathing - suits the pair were forced to endure the cold all night on the lonelg rocks. Their terrible exposure may possibly result in the youn; lndly’u death. She has been taken home ill. They were rescued by boatmen at an early hour in the morning in almost an insensible condition. McKee, who. said he came from Omaha, has gone homé. & ————— % Shooting Sorape at Melita. SANTA ROSA, CAL., Aug. 14.—Guiseppe Guerra and Rosea Govianni of Melita were in town this morning and exhibited to the | local police authorities quite a number of wounds, which they claimed a companion, Giovanni Demarcho by name, had inflict- ed on them with his shotgun Wednesday night, with murderous intentions. They swore to complaints against him. All had been enjoying a holiday and they had im- bibed too freely. There was a quarrel and then came the shotgun incident. None of the wounds are serious. Demarcho was arrested and will be examined to-morrow. He was released on giving $5000 bonds. o e aiagy INQUIRY AT VICTORIA. Report to Be Made on the Cause of the Ac- 2 eident to the Warrimoo. VICTORIA, B. C., Aug. 15.—Captain J. Gaudin, agent of the Marine and Fisher- ies, this morning held an inquiry into the cause of the accident to the Warrimoo. Captain Arundel, the officers and several of the crew were examined at length, the inquiry lasting several hours. The most important point brought out was regarding the chart. It was shown that the chart used on board the Warrimoo was not the latest, it being impossible to obtain the latest one at Sydney before the vessel sailed. Several changes had been made in the chart in the vicinity of where the accident occurred since the one used on the Warrimoo was issued. These changes were made from the chart issued by the Government. After considering the evi- dence Captain Gaudin will prepare his re- port and forward it to the authorities at Ottawa. PLANS OF THE GOVERAOR As Soon as He Is Strbng Enough He Will Be Re- movead to Tiburon. He Is Now Free From Pain and Symptoms of Meningitls Have Disappeared. STOCKTON, Car., Aug. 15.—Last night for the first time since his illness Gov- ernor Budd rested well and was free from pain. The symptoms of meningitis have en- tirely disappeared, and now Dr. Sargent is turning his attention to the rheumatism. This morning the patient got out of bed, but was too weak to stay up. His short illness has pulled him down considerably. He has lost several pounds of flesh, but will be in much better health when he has entirely recovered than he was before his illness. With all his sickness the Gov- ernor has not lost his appetite. It has been practically decided that the trip to Tiburon will be made as soon as the sick man is strong enough to be moved. One of the steamers of the old line has been placed at his disposal, and he will go down in this or in one of the large catamarans, towed by his launch. This afternoon the patient attempted to sit up for a time, but the strain was so great that it was feared for a time that he would collapse completely. He is not liable soon to make the attempt again. Letters and telegrams continue to pour in at the Budd house, but they are not allowed to reach the Gowernor. One poli- tician telegraphed last night that he wanted an answer to his demands, sick or not sick. This went with the others upon the file, which will greet Budd when he has recovered. S Music for Petaluma’s Fair. PETALUMA, CaL., Aug. 15.—At a meet- ing of the directors of the Sonoma and Marin Agricultural Society last evening the contract for music during fair week was let to the Angel Island band of twenty-two pieces. During the evening promenade concerts will be held in the pavilion from 8 o’clock until 10:30. Entries for the races are coming in rapidly and the space in the pavilion is filling up in a manner most satisfactory to the directors. ‘We haven’t said much about hall stands —that doesn’t argue that we haven’t got them—aye, a vast array of them, ranging from the lowest possible price for a suita- ble article to the most luxurious one. We’ve sold a vast / numberof the pretty, f vopular tabourets, and no wonder,they’re so useful and decora- tive and withal so low in price—here. TO-MORROW’S THE LAST “Red Letter Day” If you know any one X who is a *‘crank” on the subject of a rock- ing chair that is “‘just s0’'—let him come to us and see if we can’t § find that ‘‘just so” kind. Parlor pieces that may seem “high’ at other times are astonishingly “low’’ just now. Wedon’t think luxuriant furniture was ever sold at such prices as now—and COM DAY. __ Carpets . Rugs . Mattings CALIFORNIA FURNITURE COriPANY " (N.P. Cole & Co.) 17-123 Geary Street NEW TO-DAY. T0-DAY'S GREAT ATTRAGTIONS! In connection with other WON= DERFUL CLEARANCE BAR- GAINS the month’s VAST ACCUMULATION —OF— Remnants. Oddments ——AND—— BROKEN LINES In various departrnénts. will be placed on our center tables THIS MORNING and cleared out bt Merely Nominal Prce! Market and Jones Streefs. STATEMENT —— OF THE —— CONDITION AND AFFAIRS ——OF THE —— ROYAL INSURANGE CO. F LIVERPOCL. ENGLAND, ON THE 31ST day of December, A. D. 1894, and for the year ending on that day, as made to the Insurance Com- missioner of the State of California, pursusnt to the provisions of sections 610 and 611 of the Po- litical Code, condensed as per blank furnished by the Commissioner. CAPITAL. A T Real estate owned by compai Loans on bond and mortgage. Cash market value of all stocks and bonds owned by company..... Amount_of loans secured by pledge of bonds. stocks and other market- $4.738,176 73 7,516,411 69 25,932,690 87 able securities as collateral. 6,100,419 73 Cash in company’s office 3,609 75 Cash in banks.. 1,819,155 00 Interest due and accrued on stocks and loans. . ek 813,700 94 Interest due and and mortgages. . 73,848 66 Premiums in due ¢ 1,159,023 13 Total ASSetS. ..ouuuvvecnneaens Losses adjnsted and unpaid, loss process of adjustment or In s pense, and losses resisted incli ng expenses.. Gross premium: i) ning one year or less, 87,711, reinsurance 50 per cent. . Gross premiums on fire risks ning more than one year, $6,70; $737,555 00 38,855,627 50 187 86, reinsurance pro rata.... 8,504,376 44 Amount deposited by the insured on perpetual fire insurance policies 212,267 58 Liability under life department 25,141,724 79 Cash dividends remaining unpaid 26,009 62 All other demands against the co pany. 134,780 °™ Total liabilit] $35.612,341 03 INCOME. Net cash actually received for fire -i-$10.150.025 00 ds on bonds, stocks, loaus and from all other sources..... - Received for transfer fee: 2 Shareholders’ proportion of life prof- its for five years. 571,750 00 27500 626,170 00 Total income. $11,348,220 00 EXPENDITURES, Net amount paid fox fire losses. Dividends to stocknolders.... All other payments and expendi- $5,939,205 00 1,095,797 50 3,332,270 00 Total expéhditures. $10,367,272 50 Losses incurred during the year, fire $5,939,205 00 RISKS AND PREMIUMS. |_Fire Risks. | Premiums. tures. Net amount of| | risks written dur- | ing the year...... $2,507,008,152|$10,005,229 03 Net amount o ‘ risks expired dur- ingtheyear......| 2,507,008,152| 10,005,229 03 Net amoun force Decembi 81, 1894..... | er| [ 2,789,585,731| 14,413,442 868 CHARLES ALCOCK, Manager J. BEAVAN, Sub-Manager. Subscribed_and sworn to before me this 9th day of April, 1895. HENRY GLYNN PIERCE, Notary Public. ROLLA V. WATT, Manager Pacifc Department, 502 and 504 Montgomery Streef, 8. F 2~ Agencies in all the principal cities and towns on the coast. T. D. MAXWELI, CITY AGENT, 421 CALA. ST., SAN FRANCISCO. INDORSED BY ALL THE LEADING PHYSICIANS AND DENTISTS! FREDRICK'S SANITARY TOOTH BRUSH With Torgue-Cleaner Attachment. ON'T GO AROUND WITH A BAD TASTE in your mouth or coated tongue. A preventive against throat diseases. Mailed to any address on receipt of 30 CENTS. WILL & FINGK CO., 818-820 Market St. { ! i I0ODIDE OF IRON. Speclally recommended by the medical Celebrities of the World for Scrofula, (Tumors, King's Evil), and the early etages of Consum tm Constitutional Weakness, Poorness of the B and for stimulating and regulating its periodic Fone “ CARD.” B Fongern & Conr N E 504 i Dragaista.