The San Francisco Call. Newspaper, June 2, 1901, Page 31

THE SAN FRANCISCO CALL, SUN'DAY, JUNE 2, 1901. SUMMARY OF THE MARKETS. Silver a fraction higher. Exchange as before. Wheat firmer. Barley dull and unchanged. Oats and Corn firm and Rye weak. Hay and Feedstuffs unchanged. Nothing new in Beans and Seeds. New Potatoes continue weak. Onions steady. Vegetables featureless and in ample supply Butter, Cheese and Eggs still ver y plentiful. Poultry quiet and nominal. Berries in quick demand. Tree fruits steady. Dried fruits dull, here and in the East. Provisions inactive, but steadily held. Wool, Hides and Hops unchanged. Meat market as previously quoted. Local bank clearings lose slightly last week. Bank Clearings. m&w :su clearings for the past week were, mgainst $20,330, o s $20,330,980 during the Call Board Sales. m:?oo m:h..uz“ "Call Boara sales in May were tons Wheat end 13,900 tons Bariey, making s total thus far this crop Year of 40 500 tons of Wheat and 122,500 tons Barley. Receipts and Exports in May.” LUMBER—Receipts and exports of Lumber &t this port for the month of May were as :o_uo- From C;l“o'rnll. 16,366,000 feet; ‘Washington, 18,452, Oregon, 8,380,000: Brit- ish Columbia, 20,000. 'Total receipts, 61,198,000 feet; exports, 2,382,203 feet. EALMON—Receipts of Salmon were 2672 Sames and xn packages; exports, 4482 cases and COAL—RMXD'-I of Coal were as follows: fi“«"“uz et Sound, snl's' tons; British Colum- , regon, 2710; Australia, 8250, - ing & totel of 118,304 204 tons. ;g —_ Exporis of “Flour and Grain. FLOUR—Exports «f Flour from this port @uring the month of May were 122,575 hls, ‘alued at $365,955, against 94,528 bbls, valued at 0. Since the first of the op year these exports amount to $11,724 bbls, valued at $2,863,675, against 1,005,699 bbis, vals ued &t §3,277,104 during the same period in 1900, in May were . _against 445,915 The total since the first of the CTOP year were 7 ctls, valued at $7,445,224, against 5,686,- 7§ ctle, valued at $5.546,149 in 00 BARLBY—Exports of Barley during month were 60.857 ctls, valued at 0,060, against 90,888 ctis, valued 21 during Since the nm of the crop year the emount 5,065 ctls, valued at 261 27 &1. ctls, valued at $3,410,- the WINE—Exports of Wine from this port by sea during the month of May were 601,298 gals &nd 832 ek, valued at $202.717, making the total orte since January 12,576,193 gals and 4214 valued at $857,014. RANDY—Exports of Brandy in May were gals and 10 cs, valued at $802. The total rts since January 1 amount to 16,202 gals §3 cs, valued at $16,83L Exports of Quicksilzer. Exports of Quicksilver from this port in May were 726 flasks, valued at $32,818, making the tota! exports since January 1 2797 flasks, val- ued 2t $123,067. The Lumber Trade. The Pacific Coast Wood and Iron saye of lJumber: ““There has been but little if any improve- ment noticeable Quring the last thirty-one days and the prospects for any in the month just opening are mot very encouraging. Prices have remained @s they have been for some months and there is 1o indication of en ad- vance for some time to come. This is true of all the lumber sold in this city and along the entire coast. Shingles of the redwood specles remain stationary &s to market quotations, but most active as to demand, both from the local snd Eastern markets. The activity shown in plecing the merits of these great shingles be- fore the Eastern users is mow bearing fruit | and the orders are far more plentiful and fre- quent than for any spring for years past. All considered, there is no reason for complaint on the part of the manufacturers of the redwood ehingle, but plenty for all kinds of grumbling the lumber dealers and mills of the red- pine, epruce and fir fields of the West. There has been unusual activity on the part ber purchasers in the different lumber of the coast. Redwood lands have right- attracted a considerable amount of this interest and several large sales have been re- ca "‘A—d in the redwood zome. The axhaustion o available lands in the southern part of nion and the districts of the Northwest their purchase by large syndicates for spec- ulative purposes has rendered it necessary for the Bastern lumber manufacturers to come Weet, and the result is to be found in the purchase of the timber lands on this coast and the enthusiasm of the new owners. Without & eny of the purchasers will mot think ©of entering the manufacturing field for some years to come, although some gre now making great strides and will probably revolutionize manufacturing and business end of the sber trade of the Pacific Coast. Other than this there was little to aitract notice during the month.” Weather Report. (120th Meridian—Pacific Time.) SAN FRANCISCO, June 1-§ p. m. e following maximum temperatures were reported from stations in California to-day: - Mount Tamalpals.....82(Los Angeles Independence . Red Bluff. Fresno . San Francisco 73; minimum, data—Maximum temperature, mean, 6 THE COAST REX I ® |B|E s 1 £ g5 £8 | g %7 g% | staTion. | £ |- lz £ | s £ £8 2 (B8 g8 | 3 |55 | 1% 13 : . | the day, $I Sunday; brisk westerly winds with fog om the coast. unsettled weather Sunday; winds. unsettled Sunday; weather San Francisco and vicinity—Cloudy, unsettled | weather Sunday; brisk westerly winds with fog. ALEXANDER G. McADIE, Forecast Official. = | *— #* New York Stack Market. NEW YORK, June 1—The stock market made an extraordinary response to-day to the official announcement of the agreement ar- rived at by the conflictiug interests in North- ern Pacific. Speculation seemed to leap to the | conclusion that the only impediment had been thereby removed to the return to the level of prices and the advancing tendency which was | interrupted by the devastating effects of the corner in Northern Pacific. There was head- | long buying of stocks all through the list on a buoyantly rising scale. All things were made favorable for bullish enthusiasm and any news which seemed to threaten values was ig- nored. The market took all the characteristics | of the recent boom period and after absorbing | all offerings to take profits rose vigorously again in the final dealings to the highest of where it clused. There was no ex- ception to the action of the market, but some of those stocks which have been advanced | sharply of late were kept steady by the offer- ings to realize profits. This was notably true of mome of the Southwesterns and Southern | railroads. The early spurt was most sensation- {al in Union Pacific, the United States Steel “ stocks and Atchison. e first sales of United States Steel were of 30,000 shares. in Union Pacific extended to 3% during the first hour, There was some reaction midway spicuous, led by St. Paul, with a 9%-polnt rise. Rock Island gained 5%, Northwestern 4% and Great Northern preferred 41. There was still | & conspicuous absence of dealings in Northern Pacific, not a single transaction being recorded either for the common or preferred. Not even a bid and asked was recorded for the commoh stock at the closing. The details of the North- ern Pacific agreement are not announced and Tumors were numerous pointing to wide-reach- ing adjustments all through the railroad world ms corollaries of the Northern Pacific settle- ment. The whole Northwestern rallroad s | tem, it was said, would come into one harmo | ous control and representations of the same | control would be found in the Union Pacific system. The Union Pacific, said- the gossips, would detach the Southern Pacific, for the the benefit of a Pacific outlet for the Gould Southwestern system and content itself with the Central Pacific. The operator who was re- garded as the market Gealer during the recent boom was very conspicuous in the day's deal- ings and bought thousands of ehares of many different stocks all around the room. The bulls declared that great financial powers had entrusted large resources to the direction of this operator to inaugurate a new bull move- ment. The gains in the prominent stocks run from 1 to 3 points or over. There was an enor- mous absorption of Union Pacific convertible bonds, as well as of the stock. The stock market has shown more animation and more consistent strength this week than any time since the commotion of May 9. Professional operators still form a large pro- ¥ many movements, especially in the industrial list, that can only be explained on the score of manipulation by pools. There was a feeling of the Northern Pacific dispute and of avoid- ance of further hostilities as an outgrowth | was coming to a settiement. The conviction | of this was strong before the official announce- ment, upon a number of inferences. The arrival of Mr. Morgan in London from his vacation fostered it, as his decision upon the matter was essential in any event. So did the fact that conferences were going on in this city between the parties in interest. The up- ward movement in Union Pacific and Southern Pacific is accepted as corroborative evidence. The offer of the two banking houses which represent the contendliag interests to allow the London shorts to settle for the fixed price of 153 where they are “honestly unable to make delivery,” relieved somewhat the fears of fur- ther stock market disturbances growing out of the difficuities of the shorts, but the wording of the offer makes it ciear that there was no rel jon of the closeness with which the rivals were exacting all possible deliveries of actual certificates of the stock. The stock is also practically unprocurable in the market. The fact was considercd significant that the list of collateral for the $100,000,000 issues of Union Pacific convertible bonds, given in the application to the Stock Exchange to list those bonds Aid mot include any Northern Pacific stock. The inference was that the stock was thus designed)y left -free to be disposed of In any settlement of the dispute in the North- western Rallway territory. A clause in the mortgage, however, makes it cletr that the proceeds of the bond lssue may be applied to Feimbursing the expense of the Northern Pa. cific purchases in the interest of the company. In the meantime, the project, which is called in Wall street ‘‘the Greater Missouri Pacific, has taken on greater distinctness of outline and admittedly includes a desire and a pur- | pose to secure control of a trunk line outlet for the Gould-Rockefeller Southwestern system to the Atlantic. Both the Erie and Lackawan- 64 | na seem from the mirket movement of their stocks, to be aimed at by this project. The advance in this group of stocks under the buy- ing supposedly for this purpose has had a | stimulating effect on other stocks. There has { been large buying of Atchison and a revival of the rumor that this was for account of | Pennsylvania in retaliation for the Gould pro- ject. The disapproval of this project by the | great trunk line proprietors is taken for grant- ed. The interests thus brought into conflict | Woula be partly identical with those involved in the Northern Pacific dispute. Suggestions of friction along the same lines are found in the rumors of Iilinois Central's plans for enter- ing the Chicago-St. Paul granger fleld through the Minneapolis and St. Louis and the Iowa | Central, end the repoit that a large purchase of Ohio bituminous coal lands is supposed to be for Gould account. Apparently the specula- | tive traders have returned to their old inter. | pretation of these developments as indicating | the extension of “‘community of interest” rath- er than the later interpretation induced by the Northern Pacific lnclflent. of harmful rivalry between the great raflroad powers. The gen- erally favorable character of the April state- ments of net earnings and of the May gross " earnings was an influence on the whole rail- = Toad et " The contimming Food brocpects Yor | the cereal crops and reports of ous damage h-% 4! (_‘Ifl,:"y | 2 | to forelgn crops had a strengtiening influence lo ! | Eonds | -2 | on ralirosd etocks. Poliical conmiderstions also Inis !,{’;‘,"' played a part. The continued esse of money { o w { Rain mdtuud e xrv-lnt accumulation of idle and %0 | W | Cloudy & prospect of Mlflmuflnd;mm | % | W | Cioudy (Tro | for them. For this reason the export of gol 21 5 || Goudy [Tre | iough unexpectedly heavy, waa fittle regara: i L £ Iea. The activity in the raliroad bond market EATHER CONDITIONS AND GENERAL | hos been gencral FORECAST. 5 The pressure has falien rapidly over the | % per cent over the cuntry west of the Rocky Mountains and onditions are no longer favorable for settled | Shares air weather on the Pacific Slope. During the.| Sold st twenty-four hours there has been a fall | 40, iy diiree tenths of an inch over Scuth- | 1420 rn idaho end Northern Nevada. The temperature continues high in the great [ ....... valleys of California, and maximum tempera- 600 fures of 9 degrees cr more &re at| €0 nany stations. At Yuma a temperature of 100 | 13,700 cgrees is reported. Thunder storms prevail | 3,000 t Spokane mnd Baker City and high winds 500 e reported at Winnemucea, San Francisco | 200 né E! Paso. At the last named station a | 3100 ximum wind velocity of 64 miles per 100 rom the northwest is s Foreoast made at Francisco for thirty | 100 re ending midnight June 2: 400 Callfornia—Cloudy, 100 eather Sunday; not so warm in the interior; | 1,000 fresh westerly winds on the coast with fog. 3,900 The rise | of the session, but the grangers became con- | portion of the dealings and there have been in the street that the project of an adjustment | 900 44 1,500 c c C& Bt baull 8l 4,90 Colorado Southern . 1o m Colorado Southern 1st prefd 5235 Colorado Southern 24 pretd’ 700 Delaware & Hudson 1672 Delaware Lackawanna & Western..242}3 Denver & Rio Grande ...... 49 IE)'er‘er & Rio Grande prefd Erie Ist prefd Erie 24 prefd 400 Great Northern prefd Hocking Valley .. Hocking Valley prefd . Illinols Central Iowa Central Lake Erle & Western prefd. Louisville & Nashville Manhattan Elevated .. Metropolitan Street Rallway Mexican Central . Mexican National . Minneapol's & St Missouri Pacific Missouri Kansas . Missouri Kansas & Texaa New Jersey Central New York Central Norfolk & Western Norfolk & Western prefd Northern Pacific Northern Pacific Ontarfo & Western . Pennsylvania Reading ... Reading 1st prefd . Reading 24 prefd . St Louis & San Fran St Louis & San Fran Ist prefd St Louis & San Fran 24 preff; St Louis Southwestern ..... St Louls Southv\est n prefd. St Paul ... St Paul prefd Southern Pacific Southern Railway Southern Railway prefd Texas & Pacific . Toledo St Louls & Western Toledo St Louls & West prefd Unicn Pactfi Unicn, Pactfic Amalgamated Copper American Car & Foundry. American Car & Foundry American Linseed Ofl... American Linseed Oil prefd. American Smelting & Refining Am Smelting & Refining pref American Tobacco . Anaconda Mininz Co. Brooklyn Rapid Transit. Colorado Fuel & Iron Consolidated Gas . Continental Tobacco Continental Tobacco prefd General Electric Glucose Susar Hocking Coal International Pever International Paper prefd. International Power . Laclede Gas ... National Biscuit National Lead . National Salt . National Salt North Americ Pacific Coast Pacific Mail People’s Gas Pressed Steel C: 300 Pressed Steel Car Pullman Palace Car. Republic Steel Republic Steel Sugar 900 Tennessee Coal & Union Bag & Paper C Union Bag & Paper Co prefd. United States Leather... United States Leather prefd. 8383 H 5 ook $333: 38385832 9% | | "Do adj 4s. Canada So 2ds. 3 ‘| Wolverines " NEW YORK MINING STOCKS, Adams Con. Little, Chiet. ag Sierra Nevada. Small Hope: Standard .. » 4010 55 13 05| P 2 40 65 115 0| [ Horn_Silver. The statement of the associated banks for the five business days of the week ending to-day shows: Loans, 3866,314,700; increase, $7,442,100. Deposits, $952,398,200; increase, $11,251,300. Circulation, $31,093,600; decrease, $11,100. Legal ten $78,162,600; increase, $1,661,6%0. Specle, $181,190,000; increase, $1,122,600. Reserves, $§259,352,600; increase, $2,784,400. Reserves required, $233,099,550; increase, $2,- 830,825, Surplus, $21,253,050; decrease, $35,925. The Financier says: The conditlon of New York assoclated banks, according to their cur- rent statement, does not differ materially in the matter of surplus reserve from the exhibit of a week ago. The excess reserve dcclined only $35,925, aithough the operations by which this result was attained were quite heavy. Loans expanded 7,442,100, reflecting bably business which properiy should have n in- cluded in the statement of a week ago, and ion, together with the increase of u.zu in cash, accounts for the rise to $1,261,300 in deposits. This latter necessitated an’ additional reserve requirement, wuich as The cush item, however, does not afford an accurate re- flection of the reel position of the banks, since the $4,000,000 of gold exports on Thurcday de Dot count except fractionally in_ the bank totals of Baturday. As a matter of fact, the gained several million dollars from the interior during the week, and lost xiniate- ly what they nnwa in the sul up‘l;:v. The statement mi be regarded, thm{nn. as very favorshls eyl conclusions. The gol of the week created no change In the sitakiion and the outlook remains :ncneuly the saic. to base predictions seem to anticipate a season of quiet. ness for the present, and there is nothing in spectal rom’ other important financial centers to lead to a different conclusion, is possible that gold exports will contirue in- termittently, but against these shipments, if there h.“ be receipts from Alnlu ng Slseivhere. heavier purchases of bonds the treasury is reslizing some money. Lul as reduction r‘ Eoes ity T the cont u-m.otmamm- uncertain The statement of . balances 1o the general fund, { 926 barrels; exports, 27,330 barrels. i | | | Spot—Firm. No. 143 | firm Liverpool news. h | gentritual, % | nesota patents, | points lower. | ery, | 3@arze; quality. i i I Chicago Grain Market. | to_75%@7Tske during the first hour. exclusive of the MM. London M arket. NEW YORK, June L—The Commercial Ad. vertiser's London financial cablegram savs The stock market was again quiet to-day, save for American shares, which were quite buoyant on a steady stream of small purchases. After the market closed activity and strength were maintained by the execution of buying orders on the curb for New York account. This is the first time that the latter kind of buying has been in evidence since the big smash. The announcement that the warring Northern Pa- cific and Union Paclfic interests had arrived at an amicable understanding explains this ac- tivily and buoyancy of the Amerlcan depart- ment. The chief favorites were the Southern Rallway stucks, the Atchison and United States Steel. A reduction in the bank rate is possible next Thursday. The money market ruled somewhat easier to- day, the call rate being 2% per cent on the release of 3,000,000 in_dividends, ete, Atchison, §8; Canadian Pacific, 109%; Unlon pacife. 93; Northern Pacific preferrsd, Iobe: Grand ‘Trunk, 11%; Anaconda, 10%; bar silver, steady, 27%d per ounce; money, 2G2% per cent. LONDON, June 1.—The recent firmuess of discounts, hotwithstanding the strong bank re- turn and the prospects of further improvemnent during the next few weeks, and in spite of the growing ease of money in New York, Pars and Berlin, is due partly to the arrival of a % | large number of American bills, in_connection with the efforts of great houses to allay the re- cent panic. The free offerings of »ills natural- 1y will make buyers less keen to compete, and especially as many of these dralts are in the nature of finance bills - drawn by arbitrage houses in New York upon their representatives in Lordon, The Stock Exchange settlement be- ing over, arrangements were made for the pay- ment of recently purchased securitics, and the supply of American bills is likely to marked- ly diminish therewith. The effect of the ac- cumulation of money at all the monetary cen- ters upon the value of money in London will soon become manifest. There are increasing probabilities of the reduction of thes bank rate to 3% and even to 3 per cent during the next few weeks. In France the authorities urge a prompt reduction. ‘The nosition of the Lank of England and the general financial condition are re.arded as better than a year ago, when the rate was 3% ana immcdiately afterward 3 iihstanding the creation of the finance the Statist says: By the time these bills mato: e of trade will favor the United vill have created an exchange necessary | to liquidate a large portion of this indebted- ness, the strength of the markets ulso enabling crtion of the stock bought by ‘he large houses to be resold. There have been signs of this the current week. During the&uflc inort- | age houses and others who lost heavily uver | Northern Pacific_sought to recoup by selling short other securities. The panic was stayed | quicker than anticipated and a recovery oc- curred. Hence, this week witnesses the pur- chases of considerable shares for European ac- count. Those who bought during the panic to support the market have been able to resell a certain amount, thus reducing a portion of the indebtedness, Exports of Specie. NEW YORK, June 1.—Exports of gold and silver from this port to all countries for this | week aggregate $595,430 In silver bars and coin | and $4,071,433 gold. The imports of specie this week-were $30,300 % | gold ani 362,450 In silver. New York Grain and Produce. % * NEW YORK, June 1.—FLOUR—Receipts, 29,- Held higher and fairly active. Winter patents, $3 6:@4; winter straights, $3 45@3 60; winter extr: $2 452 85; winter low grades, $2 30G2 40; Min- $4@4 25; Minnesota bakers’, $2 0@3 25. WHEAT—Receipts, 22,500; exports, 249,000. No. 2 red, 88%c f. o. b. afloat, 2 red, 8l%c elevator; No. 1 Northern Du- luth, Sl%c f. o. b. afloat. Options—Opened steady and at once advanced on further bullish crop news, outside buying, local covering and Closed firm, %c pet ad- July, S0@0 9-16c, closed 80%c; Septem- vance. 200 United States Rubber. 1 | ber, TT%@78c, closed Ti%c. 100 United States Rubber pr!fd 62 | HOPS—Quiet. State, common to choice, 1900 15,800 United States Steel.. 50% i crop, 17@20c; 1589, 11@lsc; old olds, 2@6c. Pa- 3,100 United States Steel nrefd. ! eifice Coast, 1900 crop, 16@19¢c; 1899, 11@lsc; olfl 6,400 Western Unfon .... | olds, 2@se. HlDLS—S(eIfly Galveston, 20 to 25 Wlxnfll ‘mm Shares sold. 18%c: California, 21 to 2 pounds, 1Sc. | CLOS] WOOL. — Quiet. Domestic .fleece, 26@27c; e Texas, 16@1ic. | U8 ret 2 res. % | COFFEE—Spot Rio dull; No. 7 _invoice. coupon 06‘:‘6%0 mild, quiet; Cordova, 8%@12%c. Futures— Closed quiet, with prices net unchanged to & The total sales were 18,250 bags, including: September, 35 40; October, $5 45; November, $5 50; December, $ 65; January, $5 70; March, $5 85. SUGAR—Raw, easy; fair refining, 9 ' test, 9%c: molasses €c, Refined, unsettled. No. c 90; No. §, 5.40c; No. 9, 4.75¢; No. No. 11, 4.65¢; No. 12, 4.60c; 14, 4.55c: standard A, 5.35¢; 5.35c; mold A, 5.40 6.05c; powdered, 5. 5.80c. BUTTER—Recelpts, 6123 packazem 10@18%¢; !actor)‘ 11@1 EGGS—Recelpts, pflcknges firm. West- ern ungraded, 11%@!2‘/:6. Western s:lected, 13@15%e. DRIED FRUITS. EVAPORATED APPLES—The market for evaporated apples ruled very quiet and prices remain about as last quoted. State common, prime, 4%@4%g; choice, 5@st4e; fancy, Sise. Californta dried fruits ‘were inactive but nominally steady at unchanged prices. PRUNES—3%@Tc per pound, as to size and APRICO’I'S—RoyBl TH@i2; Moorpark, 8% PEACHES Peeled, 12%@20c; unpeeled, 5@10c. 7-11 confectioners’ A, c; cut loaf, 6.65c: crushed, : granulated, 5.30c; cubes, Cream- % LH[CAGO June 1.—July wheat opened quiet, | a shade to %@%c higher at T4%@74%ec, under | the influence of dry weather in spring wheat States. Upon the receipt of numerous reports | of the need of rain business quickly became active in both September and July, shorts who sold on yesterday's bulge in the hope of reac- tion_being the blggest buyers. July advanced sales were made on the advance, but although these were liberal the price was worked back only %@%c and later, With the additional help of heavy seaboard clearances advanced to Tste, at which the market closed %@le over yester- Cyom ‘was strong in sympathy with wheat. July closed at 45%c, %c higher. Oats were moderately -cnu nnd firm. July closed %c up at 28%@28%c. Provisions were quiet. July pork closed un- changed, 2%c up and ribs a shade im- proved. The leading futures ranged as follows: Articles— Open. High. Low. Close. Wheat No, 2— T T W Wie Y TR ™ % T3 44 43% “ 45 44l by 5% % 4% 2% 28 28% 2 2 %% 7 e 146215 1465 1460 14 65 U 40 U 315 sity a1 1 !ap!amb 15 82 815 m% Short Ribs, per 100 pounds— Jaly 18 TR TEY T Septembar 3 LT85 T8T% T8 T81% ‘ash quotations were as follows: g‘lourqq;llego ‘winter patents, 90; 3 70; clel.rl, u i 20; spring $3 65@3 80; u&m No. 2'ab lprlu wheat, T3lc} wfic' No. 2 red, ‘lfli AC; wrn 2 yellow, e oats, mc, No. 2 wm-. m‘qn tic; No. 2 rye, 62lic; good feeding fale to onglce it , 49@53c; $173; Na 1 Nor 8 35; $14 60014 65; 1lard, 5: -bm“ ribs sics Gioosey Shoulders’ (boxe). sH@THc d : ) igh wines, $13 Hoge s mn basis of On the Produce Exchange tg—day the Blmer market was strone. 14@16e. tol e Cheese, 5@10%c. Eggs, 11’ TR T WSROl M Foreign Futures. Realizing | C huago Lwe:tock Market. CHICAGO, June 1._CATTLEReceipts, 3500. Nominally steady. Good to prime steers, $5 5@ 6 05; poor to medium, u«)osw stockers and canners, §2 25@2 blllll, $4@6 15; Texas fed steers, 34 b m!!xléeg—g?u“t to-day, 19,000; Monday, 35, ceipts ay, L 38,0 000; estimated left ~ over, = 3000, Easiers’ o 3 05 mixed ang. tnm:hm, $5 085 to choice heavy, $5 85@5 9; Tough heavy, 7%8 580 light © 605 &; bulk of sales, $5 80@5 HEEP-—Recelpts, Sheep and lambs stanty. Goed o cholce wethers, $1 3504 §0; fair to choice mixed, 40; Western sheep, $3'5054 50¢. yeariinge, 34 5064 15; mative lambe, $4@5 65; Western lambs, $@5 6. California Fruit Sales. CHICAGO, June 1.—Porter Bros. Company sales California fruit: Cherries—Royal Anme, $1 05@1 65; Republicans, $1 Wl 70; Tartarians, soce L 0: Centenninl, 00K 1. Plums—Cher- per @$1 er crat te. Clymans, 5@ sh ApricotsHoyal, 81 4592 55 Blen- heim, $180; Newcastle, $115@1 35. Peaches— $1@160. Two cars fruit sold. CHICAGO, June 1.—The Earl Fruit Com- pany sold California fruit at auction today ‘and the followmg prices were realized: —Cherries, B. arians, boxes, Toc | to §1 4 ave a0 Contennials, average , 85¢ to §1 10, average Sl 07; Royal Annes, box s, $1 10 to $1 60, average $1 36; Purity, $1 05; 1033 'packages grossed $1400. Remainder of car sold by other firms. One car sold to-day. Weather favorable. New York Metal Market. NEW YORK, June 1.—As usual on a Sat- urday half-holiday there was a lack of feat- ures that could be called Important in the local metal market. Business was of an evening- up, character, and even this was in a small y. The absence of advices from abroad servéd to create caution and prices in general were without change and ran as follows: Lead, $4 37%; speiter 33 95@4; copper, Lake Superior, 17c, and casting and electrolyte, 16%c; tin, $2S 30@28 40, and pigiron v\nrrnn(l $9 50@ | 10 rthern foundry,. $13 2516 10: Southern | fuundr).llu@lo 50, and soft Sculhern $13Q15 50. New York Cotton Market. NEW YORK, Jupe 1.-—-The cotton market | opened quiet and firm with prices 2 to 5 | points higher on some outside buying, and . }closed steady, prices net 2@3 points higher. Imports at New York. NEW YORK, June 1.—The imports ot dry at $10,378,624. London Wool Sales LONDON, June 1.—The arrivals of wool for | the fifth series of wool auction sales amount to 42,279 bales, including 1500 forwarded direct. Foreign Markets. LONDON, June 1 — Consols, 94%; sllver, 27%d; French rentes, 101f 23c; wheat cargoes on passage, quiet and steady; English country markets, dull. LIVERPOOL, June 1.—Wheat, firm; No. 1 standard California, 6s 13%d@6s 2d: wheat in Paris, quict: flour in Paris, quiet; French country markets, quiet; weather in England, cloudy. CLOSING. HOPS—At London (Pacific Coast), steady, £4 1 FLOURT St Lous fancy winter dull, Ss. WHEAT—Spot No. 2 “red Western winter steady, 5s 11%d; No. 1 Northern spring firm, fs 1d; No. 2 California steady, 6s 1%d. Fu- tures, steady; July, 58 11%d; September, 5s 1%d 58 CORN—Spot, quiet; American mixed new, {4s; do old, 45 2%d. Futures, quiet; July, 3s 11'4d; September, 3s 11%d. o Portland’s Business. PORTLAND, Or., June 1.—Clearings, $272,52; balances, $50,437. Northern W heat Market. OREGON. PORTLAND, June 1.—Wheat, steady; Walla Walla, 60c. WASHINGTON. TACOMA, June 1.—Wheat—Quiet and steady; Bluestem, §1%c; Club, 59%c. *- *- e ¥ Exchange and Bullion. Sterling Exchange, 60 day: - 86% Sterling Exchange, sight - 4 89 Sterling Cables .. . - 490 New York Exchlnge nighl - 12% New York Exchange, telegraph.. — 15 Silver, per ounce.... — 59% Mexican Dollars, nomlna 9% @ 0 TWheat and Other Grains. WHEAT—As usual on Saturday there was very little. market news. Chicago opened and closed very firm, chiefly owing to continued unfavorable weather. The demand, however, was principally to fill shorts. This market advanced, both on and off call, with rather more business on the latter. 102% per ctl. CALL BOARD SALES. Informal _session—9:15 o' clock—December— 8000 ctls, $1 65; S $1 05%. Second Session—December—20,000 ctls, $1 05%; 20,000, $1 05; 40,000, $1 05%. P Rngular Mn;ninl Session—December—6000 ctls, 1 . 1 04 ARLIY . Brev ious prices rule and the ge- mand _continues light. Feed, 75c for No. 0@72%c for oft grades; Brewing and shlpmng srades, 80@ssc; Chevaller, nominal. CALL BOARD SALES. Informal Session—9:15 o'clock—No sales. 3 ‘White, $1 4252@1 Surprlse $1 60@1 65; Red, $135@1 45; Black, $12214@1 32% per ctl. CORN—Firm but guiet. Oflennn continue light. _Smali round Yellow, $150; Eastern Yel- law, §130@135; White, '$130Q137%; mixed, R‘IE—77%@BZ'&¢ per ctl. BUCKWHEAT—1s quoted at $1 65 per ctl, ex- warehouse. Flour and Millstuffs. FLOUR—California Family extras, $3 25@ 350, usual terms: Bakers' Extras, $3 15@3 2: Oregon, $2 50@2 75 per barrel for family and n 75@3 for bakers’; Washington bakers', §2 75 ILLSTU’FFS—PHG“ in sacks are as follows, usual discount to the trade: Graham our, 507 80; Farina, $4 5{')]])“1%«1:?g Vgl;elt }"lour. k“ bulg.;lled 4 5; in sacl 0; Deast (g:?l‘:y $5; Split Peas, §5; Green Peas, 36 50 p Hay and Feedstuffs. Receipts of Hay were light and the feeling. was steady.” Prices for all descriptions re- mained as before. BRAN—$17@18 per ton. MIDDLINGS—$17@19 50 per ton. FEEDSTUFFS—Rolled * Barley. $17g18 ton; Olicake Meal at the mill, $25G26; jobbing. o st Caver . SHIGIE: Gorn ' Mea ;fl 30iges; Crackea Corn, 358 86@2%; Mixed Feed, Y -New, $6 old ll as fol- 508% : °tuou ‘Wheat d Oat, w over, nominal; Alaita, wm‘ Fn& % ma 50 per ton. STRAW—3@47%c_per bale. Beans and Seeds. Beans remain unchanged. The quantity to be taken by the Government has not yet been definitely determined. BEANS—Bayos, $2 60; Small Whit snmna—sm Potatoes, Onwn: cmd Vegetabl:‘:. New Potatoes continued weak. Old showed in. “'?hm ‘was nry little change in Vm the market being quiet and n!flelund? sup- vlied, . TOES—Burbanks, 50c@$1 for m 00&‘%.“ dufi“ll-@hufl yer ""Em“‘""‘}"“fi e Huoe? e | W lvn’d';rum;-mm 40c@s1 D‘r box: goods and merchandise this week were valued | Spot Wheat—Shipping, $7%@9%%; milling, $1@ | Second Session—December- I)Co ctls T0%e. Regular Morning Session—! | OATS—The market ~ continues. frm. Some Surprise are on the market at the quotations. | no change. Onlons were somewhat Ilr-./ 1 25 _per crate; from es, H ed Peppers, 12@18c; Dry Okra, lic 1b; per sack; e m- bers, $i 50 per box; Winters, 3%@0c per ozen; c, 4@6c for mew: Green Peppers, per Ib for Chile and — for Bell; Egg Plant, 10@12%c per Ib; Green , 20@35c _per dm;lx' Summer Sq per box; Bay 0, Poultry and Game. The market was dull and nominal, as usual on Saturday. POULTRY—Live Turkeys, §@% for Gobblers and 10Qlic for Hens: Geese, per pllr, 31 5@ 150; Gosli for old and $iGS for voun: Hens, '3 4 5 young Roosters, $8 50@7 50; old Roosters, $3 30 @4; ers, $4 50@5 50; Broilers, $3@4 for large and for small; Pigeons, 31 5a1 % per dozen for old and 31 50 for ‘Squal AME tare, igh 2 Rebbits, 51 2981 3 for Cauontlll and Ticfifl for Brush. Buter, Cheese and Eggs. As will be seen, receipts of all descriptions are liberal and as the demand is nothing ex- tra, the feeling continues weak all around. Quotations remain unchanged. Recelpts were 42,800 pounds and 158 tubs of Butter, 1148 cases of Eggs, — cases Eastern Eggs, 7000 pounds California Cheese and — pounds Eastern Cheese. OPEN MARKET QUOTATIONS. BUTTER—Creamery, 17%@ per Ib for fancy and 184@1ic “Tor seconds: dalry, U@ISie CHEESE—New, 8@9c; old, Americas, l0c. EGGS—Ranch, 14%@16c for good to fancy; store, 12%@13%¢ per dozen. DAIRY EXCHANGE QUOTATIONS. BUTTER— nominal; Young Dairy—Extras, 16c; firsts, 15c; seconds, Me; store, “13c. ,CHEESE—Fancy, full choice, %2¢; common, nominal; Young Americas, 3igc) | cream, 8c; ; E;:séem full‘cream, 15@16%c per Ib. I California Rarnch—Selected White, lic; mixed colors, 13c dozen. California Gathered—Selected, 12%c; seconds, —. Deciduous and Citrus Fruits. stand- | ara, | Al berries except Logans were firm and sold off cuickly. The demand for Strawberries was | sharp, Good Cherries continued firm under light re- ceipts, but there are a good many coming in cracked by the rain, and such stock sells as | low as 2%c per Ib. Peaches are riper and good fruit easily brings the top quotation. Apricots are in over- supply and lower. Apples are in better as- sortment. - Cherry Plums are in poor demand and more or less are carrled over. Citrus fruits show po further change. Black Figs came in from Yuma, seliing at | $3@3 50 per crate. DECIDUOUS FRUITS. APPLES—Eastern, $150@1 75 per box; local new, 40@50c per small and $1 per large box, and_40@50c_per basket. APRICOTS—OOC@!I per box and T75c¢@$1 per | (HERRIES—Recelpu were 2500 boxes, sell- | Ing at 50@s5c per box for red. 60@ssc for dark Ib for black and 3@sc for red and 5@ic for | Royal Anne, PLUMS—60c@$1 per crate for Clyman and $1 25@1 50 for Tragedy. CHERRY PLUMS—50@60c per box. PEACHES—65c@$1 25 per box. PEARS—50@T5¢ _per box. STRAWBERRIES—$8@11 per chest for Long- worths and $5@7 for large berries. Receipts were 346 chests and 345 crates. The latter sold_at $1G1 50 per crate. LOGAN BERRIES—3$i@7 per chest. BLACKBERRIES—$$@10 "per _chest; from Newcastle, $150 per crate; from Fl’eln’ e {115 per crate. 4 | RASPBERRIES—$8@10 per chest; from New- | castle, $12% per crate. GOOSEBERRIES %o per drawer and 1% @3%c in bulk; English, — per CURRANTS—$2@4 per chest. CITRUS FRUITS—Navel Oranges, $1@2 25; Seedlings, Toc@sl 0: Mediterranean Sweets ’15cflfl 75; Tangerines, 50c@$l25; Lemons, T5c 5 for common and $150@2 50 for good to eholce Grepe Fruit, $0cG81 50; Mexican Limes, 7 Bananas, $150@2 50 per bunch for K& Orteans ana._sig2 or. Honotul: Pine- apples, $2G4 per dozen. Dried Fruits, Nuts and Raisins. Fruits, both here and in the Fast, are quiet and unchanged. . FRUITS—Apricots. 5@7%¢ for Royals: Evapo- rated Apples, 4@6c; sun-dried, 1%@2c; Peaches, 34@4 for standard, 44@3%c for choice and 6@ §i%c for fancy; Pears, 2@7c; Plums, pitted, 3@ 4c; unpitted, 1@1%c; Nectarines, 4@4i4c for red ind_4@5c for white. lPdRUfiNFS—l sizes, 3c; 40-308, 6%c; 50-60s, 4%c; ; 10-%0s, 3%c; 80-%0s, 2%c; 90-100s, 2c; 100-120s, 13c. A TING-The Ralsin Growers' Assoctation has established the following prices: Bleached Thompson’s fancy, 12¢ per 1b; choice, 1lic; andard, 10c; prime, 9c; unbleached Thomp- Sc'per Ib. Sultanas—Fancy, 10%e per Ib; choice, Sic: standard, $%c bleached _Sultanas, § 6l%c; 4-crow! Te | Pacific brana—2- Tendon” Layers. 2 ndon_Layers, crown, §1 60; Fancy Clusters, $2; Dehesa, §2 50; TImperial, All prices f. o. b, hibeing’ points in California. NUTS—Walnuts, No. 1 _softshell, 11@11%e: 2, 3@S%c; No. 1 hardshell, 10@16%c; No. 2, Deatiser Almonds, 13Mc for papershell, 1@ 1le for softshell and 5@ic for hardshell; Pea- nuts, 5@éc for Eastern: Brazil Nuts, 11@1i%c; Filberts, 12@12%e; Pecans, 11@iic; Cocoanuts, | P i Y—Comb, 10@1ic for bright and 9@ste for light amber; water white extracted, 5@s%c; light amber extracted, 4@4%c; dark, Sic. BEESWAX—%@2c per Ib. Provisions. ~ 7% CURED MEATS—Bacon, 12 per Ib for heavy, 1214@13¢ for light medium, 13%c for light, 14%e for extra light and 15%c for sugar-cured; East- ern sugar-cured Hams, 12/4@13c; Mess Beef, §12 per barrel; extra Mess, $1250; Family, $1150; prime Mess Pork, $15; extra clear, $23; Mess, $19; Smoked Beef, 13%@14c per Ib. LARD—Tierces auoted at 6%c per Ib for com- 4 10g10%e for pure | Do T0ib fine, 104 @ITHe: @C(‘)‘TTOLENE—OBQ ‘half-barrel, 8%¢; haif-barrels, S%c; one tierce, 8%¢; two tierces, Sige; five tierces, S%e per Ib. three | Hides, TaIlozv, Wool and Hops. Quotations remain undisturbed. HIDES AND SKINS—Culls and brands sell about 1%c under quotations. Heavy Salted Steers, 9%4@10c; medium, 9c; light, 3@S%c; Cow Hides, $t%c for heavy and §%c for light; Stags, lc; sultedp Kip, fc; Sal Cal, Yoe; Dry . e Dry Brands, ilan Sheepskins, 3 each; short Wool, 30@50c each; medium, 80@75c; long "Wool, 80c@$1 each; Horse Hides, salt, 52 30 tor large ‘and $2G22% for medium, $1@135 Lo small and 50c for Colts: Horse Hides, P arse. $1%5 for medium, 31 for mmall 2ad So for Colts. Deerskins—Summer or red skins, 35c; fall or medium skins, 30c; winter or lhln skins, 20c. Goatskins—Prime Angoras, 75c; large and lmcoth 50c; medium, 35c. TALLOW—No. 1 rendered, 4%4@5c per 1b; No, c; grease, 3@2lsc. 1900 or 1501—Humboldt s2a Mendocino, 14@i3¢ per 1b; Northern, 13¢; defective, 9@1ic; Middle County, free, 100 1lc; do, defective, 8@l0c; Southern, 12 moaths, 8@Sc; Southern, free, 7 months, 7i0c:; do, de: fective, T months, 1@%c; Oreson Valley, ‘aine, 14@15c; do, medium and coarse, 13@ldc; n, Edstern, chotce 11@13c: do, fair 16 seod. seie; Nevada, 10@12c. HOPS—15@20c per Ib. San Francisco Meat Marke*. Dealers - continue to quote previous prices and the market is without especial feature. ‘Wholesale rates from slaughterers to deal- ers are as follows: BEEF—1@7%c for Steers and 6@6%c per 1b YEAL , 8@9c per Ib. MUTTON: etlm-l. 707!‘ Ewu, §%@Tc per LA)IB—!L?HM‘. 8@t per pound, 55 the, SGOKC: 2 and overs THGLD m B aremsed Toes, TRG%e, % General Merchandise.: GRAIN BAGS—San Quentin Bags, $5 65; Cal- cutta Grain Bags, T%@7%c; local make, ¥c less than Calcutfas; Wool Bags, 30@3c; Fleece Twine, T%@%. Crel.mery—Exlnl, 17c; firsts, 16c; seconds, | and 60@Ssc for Royal Anne; in bulk, {@Tc per | | Onions, AUCTION SALE. b 2 Py TUESDAY June 4, at 11 a. m., 1140 Folsom st., of 2 carloads of business, work and driving horses, 1 l5-passenger wagonette, 4 new rubber- tired buggies, 7 styles of carts, camp wagons and other vehicles, 45 sets of new and second- hand S. WATKINS, Auctioneer. 1234c; Pearl Ofl, in'cases, 18%c: Astral, 18%c; 83c; Star, e Blaine: Bie: leodorized st Gasoline, In 15c; in cases, 2ic; Benzine, in bll.lk. l 5 , 20c; 86-degree Gasoline, in bulk, e TINE—S5¢ per gallon In cases and 4oc In druma or iron barreis. SUGAR—The Western Sugar Refining Com- pany quotes, per Ib, in 100-Ib bags: Crushed, 8.25¢; Powdered, 5.85c; Candy Gran- ulated, 5.85¢: Dry Granulated, 5.75¢;__ Contec- tioners’ A, 5.75¢; Fruit Granulated, 5.75¢: Mag- nolia A, 5.35c; Extra C, 5.25¢; Golden G, 5.1pes barrels, 10¢ more; half-barrels, 25¢ more: boxes; 50c more; 50-1b bags, 10c more. No orders taken for lesa ‘than 75 barrels or its equivalent. Dominos, half-barrels, 6.30c; boxes, 6.75c per Ib, Receipts of Produce. FOR SATURDAY, JUNE L Flour, gr sks. ,918] Wheat, ctl Barley, ctis. Oats, ctls Corn, ctls Potatoes, sks. Sks. EEEPEEETT Bran. sk: Middiing: Hay, tons. 2 & % STOCK MARKET. % All classes of stocks were quiet yesterday, as usual on Saturday, and prices showed no vari- ations worthy of note. The following were ex-coupon: Northern California Railway 5s, $250; Pacific Gas Im- provement 4s, $i; Spring Valley 4s (3ds), $L The following were ex-dividend: Honokaa Sugar Company, 15c; Sacramento Eleotric, Gas and Railway, 15c; San Francisco Gas and Electric, %ec; Homestake Oil, 1c. Sales on the Producers’ Ol Ex Weel were 36,558 shares, valued at $14,877, e leading transactions being as follows: Califor- nia Standard, 2000 shares; Independence, 4000; Lion, 5200; McKittrick, 2000; Monarch, 5000 Monte Cristo, 1300; Petroleum Center, 10,2007 Reed, 1400: Sterling, 1050. Pacific Lighting will pay a dividend of 350 ;w‘;xh(he 5th and Giant Powder one of 75¢ on the t STOCK AND BOND EXCHANGE. SATURDAY, June 1—18 m. UNITED ET\TES BONDS, Bid. Ask. A4 Aste, 4s quar reg....113%114 |4s ar cp (new)IISHING 48 quar coup..113%114 |3s quar coup.109 110 MISCELLANEOUS BONDS. Bay Co P C 5s104% — |Oceanic . as - Cal-st 5s .....117% — |Omnibus R 68 — — C C Water 5s G Imp d4s. — 100 EdL & P 6s.128%133% Pk & C H 85.107% — Fer & CIR 6s117 — Pk & O R 6s.117 — Geary-st 5s. — |Powll-st R 6s.120 — H&CS:-V-!lV)G” Sac E G R 5s. — 100 101 10248 F & SIV 5s.120% — Low An; R b o |Sterra Cal 6s. — 110 L _A Light 6s. IS P of A és Do gntd s Do gntd 35s..100 L A & Pac 551035104 Do 1 ¢ m 5s102% — ‘Markt-st C 6s. 121%| (1905), ser B.10T% Do 1 ¢ m 58.123% — (1906) - m Nev Co R 7s. — 113%| (1912) 122 Nor R Cal 6s. — 14%(S P of Do 55 - usyNY| op antd & Sa.108 A\or Pm: — v Cal 6s.138 s SV Wator 8 nga Nm-acua: Il — | Dods . 1 108 O:k Gas 35s...112} 0 43, 34 m. - Tran 6s. ll“au"’é Sthen Gas Bai00 Do War seriis WATER STOCKS. Contra Costa.. 80 M,Spflng Valley. 88 Marin County. 52% — GAS AND ELECTRIC. (1505), ser A-108 1 Cent L & P.. 3 — |Pacific Lt a7 - Equitable ..... 3 Sacramento ... — — Mutual . SFeeB. .01 — Oakland . San Francisco. 4 = Pacific ITmp .. 33% 35 !Stockton .. —_ - INSURANCE. Firem's Fund.235 265 | STREE'T RAILROADS. n 3% 1 39 20 — Hutchinson % 2% MISCELLANEOUS STOCKS. Alasks Pack. 1641273 Oceanic § S... 45 80 Fruit Can. % — |Pac Aux ¥ AL 3 — Cal Wine Asn.100 — [+ 168 — Mer EX coeeenn — |Par Paint ... 8 — Morning Session. Board— 20 Contra Costa. .. 20 25 40 Makawell .. 39 00 65 Market Street Rallway 0 20 Mutual Electric Light 450 $1000 Oakland Water 8 . 105 00 30 Pacific Coast Borax .. 163 00 25 S F Gas & Electric C 37 00 treet— 5000 Los Angeles-Pacific R R bonds.....103 00 $3000 S P of A bonds (1909)....... 113 374 $2000 S P of A bonds (1910). 14 % PRODUCERS’ OIL EXCHANGE. Morning” Sessfon. “ 100 2 Morning Session. L4111 100 Sterling - MINING STOCKS. The following were the sales In the San Fran- eisco Stock and Exchange Board yesterday: Morning Session. 200 Botost o The following were the sales In the Pacific s ; Session. 200 Mextcan n 250 Ophir 54 500 Overman ..... 12% 400 Union Con n CLOSING QUOTATIONS. SATURDAY, June 112 m. Bid. Ask. ] = k 1831821 | #gREBENIR| 2 3N38| B22sISBLaNaEES o HRYRBBUKR | H2HBRR22R 28| | | RE8ZEBRERRE| 32 . The principal collection of books. 190,00 fn PRe Toval umnm mh