The San Francisco Call. Newspaper, February 16, 1902, Page 35

SUMMARY OF THE MARKETS. Weekly bank clearings show a slight gain cver last year. Shipment of $697,287 in specie to China and Japan. Silver a fraction higher. Ezchange unchanged. ight dealings in local stocks and bonds. I!’/;m{ and Barley continue unsettled, owing to the rains. Oats, Corn and Rye as previonsly quoted. Hay and Feedstuffs easy, owing to the weather. Beans and Seeds about as before quoted. and Eggs in sharp demand and cleaned up. I?;-m Fruits strong at previous quotations. Hops and Hides unchanged. ng new in the Meat market. Onions barely steady. Three cars of Eastern Poultry due to-morrow. Fruit market quict, but prices steady. Southern Strawberries arriving in bad condition. Buit Potatoes firm. Bank Clearings. Local bank clearings during the past week were $24.04 against §23,425,835 during the same week 1s ear. Dried Fruit in New York. Mall eévices from ew York say: presents few import- ant featurce leading articies there 15 noted @ fair jobbing ‘mterest, With & rather better feeling observed in spot prunes. We bhear of nt of several rcund lots of 40s-50s nterior account on the basis of 6% Z5-1b boxes. export account eral rie market, with sev- i from the coast on the Bc 1 on old Santa Claras. Most ho tly new Santa Clam in 25-1b boxes b ¢ basis, but less desir- able qua t on a basis of from %o to hete are fairly & conditions the mar- s are in fair pob- In cur- large ket is bi firm, with €%c grade. Cartons are ec far choice and Sigc 1-Ib packages. Rather more ported in some_guarters. s are held &t Ti: spot. reported. Londom in apricots and are showing more rest is noted for market remains occasional business Figs continue A somewhat stronger feeling is her side. In other nuts g interest i noted within the Weather Report. 120th Merid Pacific Time.) SAN FRANCISCO, Feb. 15—5 p. m. d with those of same date last fall in last twenty-four hours: Last This 24 Hours. Season. 19 2.2 8609 00 421 2.45 Maximum temperature, 0.00 um and minimum tem. from Eastern stations $0-24 Washington . 4 )maha Duluth o cago St. Louts 56|3alt Lake City THE 5 = LO‘, T RECORD, wnw ETATIONS, v amyomoing The storm cont in its northeasterly 4 is now central over British Colume. rain has fallen over Oregon and and high southerly winds are re- Columbia River northward. inches rainfall are reported. at Astorla 1.44. (Y in_moderate showers over California north Point Comception on the coast and north of Fresno in the interior. The temperature s over nearly the entire country west of the Rocky Mountains Forecast made st San Francisco for thirty hours_ ending midnight, February 16, 1902: Northern California—Showers Sunday; con- tinued warm; fresh southerly winds, Bouthern Callfornia—Cloudy Sunday; lght westerly winds n from 20 Nevade—Clovdy Sunday; brisk southerly P s . Sn::! Francisco and vicinity—Occasional showers Sunday: light southerly winds. ALEXANDER G. McADIE, Forecast Official. * % EASTERN MARKETS. York Stock Market. K. Feb. 15.—An exceedingly er- in Metropolitan confused the nterest in to-Gay's stock market ity elsewhere in the mar- pe of the plan snnounced rge resources demanded for carrying them out caused eome ap| on, as was ween by the break in the stock to below 168, after an opening nce of over a poimt. This and the disquictude over the threatened en- forcement of the tax on call loan collaterals caused some sharp declines in the market, re- cessions reaching a point in some of the promi- nent stocks. There was a rally before the ap- pearance of the bank statement and a renewed decline after its appearance. Metropolitan was then taken vigorously in hand and marked up to 1% over last night's last price. Anulu— mated Copper also became very strong moved up Z%. An oversold short account vu New seemingly responsible to & large extent for the ; rise in this latter stock. The combined move- ment drove the shorts to cover elsewhere and the market rallied, wiping out the important part of the losses. Manhattan rose & point over last night. There was a further jump of ©_points in Burlington, Cedar Rap) Northern, making 17 pointz in three l-n- Union Bag preferred gained 3 points. The street was prepared for a further expansion of Joens end was apparently pelieved that it was no larger than $13,499,700, but the hope of & are the seasonal rainfalls to | has risen from € to 10 de- | | toward the price level of the high-grade in- T ; from thg#%sing call of gain in cash was disappointed and the decline of $026,100 in that item raised the question whether the return flow of currency to Chi- cago and interior points is imminent. The market closed quite active and firm at the rally. On the curb market there were sales of Metropolitan securities when issued at 110 and the bid price was advanced to 116. There were sales of the subscription rights at 110. The upward tendency of prices which was established last week was carried over into this week and there was an active market with shifting points of a sixteenth during the early part of the week. The seiling to realize profits gained effect during the week, however, the midweek interruption of the holiday serv- ing as an encouragement to this, and earlier gains were in consequence much reduced, while in a few weak spots wide breaches in values were made. The operations were evidently in the hands of speculative pools for the most part and the discouragement over the unre- sponsive attitude of the general speculative public had much to do with the culmination of the rise. There were, however, several changes in actual conditions that helped to- ward reaction. The proposal of the Brooklyn Rapid Traneit Company to authorize a bond issue of $150.000,000 was a chilling revelation. Detalls are lacking as to the portion of this issue which it is proposed to float at once and the purpese to which the proceeds are to be put, but the figures are formidable in the sug- gestion of demands upon capital and the fu- ture arrangement for interest. Following upon | the large bond issucs for railroads whose ciaims to earnings will take precedence of | present stock issues and of new stock issues which will have equal claims with present issues the effect upon speculative opinion was disquieting. Last week's great loan expan- sion by the New York banks, which seemed to begin in the early pert of the week, was given renewed consideration and revived anxiety over the rapid expansion of credits. 1t is true that the loan expansion of the New York banks since the first of the year has been only a little mors than half as much as during the corresponding period of last year, while the replenishment of reserves has been much nearer the increase of last year, so that | the present condition of the New York Clear- ing-house banks is not materially different from that of last year. The position of the | New York banks as the holders of the greater | part of the ultimate r-serve for the whole | country has to be taken into consideration. New York trust companies have increased thelr Joans on collateral to an enormous extent dur- | ing the past year, while their reserves are on | deposit_with New York banks, except for an | insignificant part, and figure in the reserves of the banks. Deposits of Interior banks in New York are included in the same way. The credit expansion the country over has (here»‘ fore increased the liability of New York bank reserves. This gives added influence to any suggestion of financial trouble in the interior, even where it is of smail proportions. Money has continued easy in Wall street, notwith- standing last weck's heavy inroads upon sur- plus reserves. When the money rate runs up to attractive figures it is usual for the local trust companies to draw on their deposits with the banks to place lcans. When the rate re- cedes to about the figure pald by banks on | deposits the trust compenies are likely to call | loans and to deposit with the banks. Thlsq is likely to have the effect of exaggerating the tendency of the money market toward piethora or stringency, as the case may be. It is prob- able that loans are being transferred from trust companies to the banks, thus increasing the | loan accounts of the banks much more than | the actusl outstanding credits are increased. The money market has not had any gold ex- port movement to reckon with this week. Opinion differs as to whether the export move- ment has ended or is only suspended. The Bank of England evidently has control of the London market and could make an advance in its rates effective on the money market, but the Continental demand upon London for gold has relaxed and Berlin has been a free lender fn London. A continuance of this latter con- dition will preclude the likelthood of further gold exports from here. Some importance 1s | attached to the decision to apply the loan tax of the war revenue law to call loans on stock operations on margin. The frequent shifting of ‘these loans and of the collateral and the pay- ment of the tax separately on each transaction would make the cost of such loans prohibi- tory and would cut off the largest part of the activity in the stock market. Some of the later selling of stocks is attributed to this | cause. The increased mumber of rallroads | which are reporting decreases in_gross earn- | ings compared with last year for the first week in February has not been without effect on the market. These decreases are attributed to the great falling off in the grain movement. General merchandise traffic is reported to be well maintained. General conditions of busi- ness are reported encouraging and the demand for all grades of iron and steel products is phenomenal. The general undertone of the market has in consequence shown firmness in spite of the speculative profit taking. There has been a broad and active demand for bonds, which has ftended to bring prices of many of the newer and lower grade issues ment mortgages. ited States new 4s advanced 3 per cent week. NEW \ORK STOHK LIST. 3 H Stocks— Sates High Low. Close. tehison ... LS By s TN Atchison pfd 300 0T 953, Bait & Ohio 4,300 mn;g 10415 103% | Bait & Ohfo pfd... 100 04 94 | Canadian Pacific .. ..... c..e 104% | Conada Southern .. 86 801 | Chesapeake & Ohio 46 461y Chicago & Alton.. 34 33% | Chic & Alton pfd.. sooo 5% | Chic Ind & Louis. . B3 58 | Chic Ind & L pfd.. 0% 7Y | Chic & East T, 142 141 Chic & Great West. 24y 24% | Chic & G W A pfd. 86 85 Chic & G W B pfd 3 Chic & Northwest Chic R 1 & Pac Chic Ter & Tr. Chic Ter & Tr C C C & St Lout Colo Southern . Colo Sou 1st pfd Del Lack & West. Denver & R G.. Denver & R G pfd. Erle Erie 1st pfd. Erie 2d ptd. Great Northern pfd Hocking Valley. . Hocking Val pfd.. Tilinois Central Jowa Central . lowa Central pf Lake Erle & West. Lake E & W pfd.. Loufsville & Nash. Manhattan L....... Metropolitan St Mexican Central Mexican National Minn & St Loul: Missouri Pacific Mo Kan & Tex. Mo Kan & Tex N J Central N ¥ Central. Norfolk & West Norfolk & W pfd.. Ontario & West... 600 34 33% 33 Pennsylvania . 4.800 151% 1503 151 o 8300 8" BTY bIN 2600 83% 831 831, TI00 €S 67% 679 400 02% 62 gx 8% 8% 78 el A 1+ 5t L Southwest p(d 1000 B9% 59 59 Bt Paul ... 9, 168 165% 165% 8t Paul pfd seee a... 190 Southern Pacific . 67 66% 60% Southern Railway.. 4100 34% 33% 33 Southern Ry pfd... 2,200 96 Texas & Pacific. 1,000 42 4114 Tol St L & West.. 900 21% 21 134 Tol Bt L & W pfd. 200 42 41% 41 Unlon Pacific ..... 10,600 1 1024 102 Union Pacific pfd.. 100 89% &9l 80 . Aeo0 248 24 24 2600 43% 43% 43 400 19% 19 18! 100 0% 403 | Banks this week American United St Wells Fargo" Miscellaneous—— Amalg_Copper Amer Car & F. Amer C & F pl Amer Linseeq Amer L Oll ptd Amer Smelt & Ref. Amer § & Ref ptd. Anaconda Min Co. Brooklyn Rap Trn Colo Fuel & Iron Glucose Sugar Hocking Coal internat Paper Intern Paper pfd. Internat Power . Lacleds Gas .. Natlonal Biscuit . National Lead National Salt . National Salt pfd. North American . Pacific Coast Pacific Mall . People's Gas Pressed Steel Ca: Pressed S Car pfd. Pullman Pal Car. Republic Steel Republic Steel pfd Sugar ... . Tenn Coal & Iron. Union Bag & P Co. Union B & P C pfd. S Leather . S Leather pi S Rubber . hid v U U S Steel pfd . ‘Western Union Amer Loco . Amer Loco pf do Total eales .. .270,100 NEW YORK BONDS. U S ret 2s reg....108% L 1 4 U 5 et 25 coup. 10814 | ex Cent 4a- Mex Cent U S 3s rex. Mex Cent 1st inc. 31 154 M&StL ‘105 u 2. 1801 1M X & T 4s..... 99% U S new 4s coup. mv, M K & T 2nds.. 82 U S old 45 reg...112" N Y Cent lsts....103% 112 N Y C gen 83%s..108 NoJ ent gen bs..187 Atchison gen Atchison_ad) 4s Balt & Ohlo 4s. Balt & Onlo 3:/,; Balt & O conv ds. Canada So 2nds. Cent of Ga bs....111 St L S W _2nds. Cent of Gn 1st inc 79148 A Ches & O 41s...11 C B & Q new 4s C M&St P gen 4 !14 C & N W _con CRI&P4s CCC&St L gen Chgo Term 4s Colo So 4s... D &R G 4s. Erie prior lien 4s. 985 Erle gen 4s.. FWE&DC 1 Hock Val 43s. 4|Texas & Pac 1sts. m’/. |T St L & W 4s. 35"' Pac conv 4s.. TUn |Wabash 1sts”.. 11815 Money- Call loans. 19% Time 1 3" Bonds- 70 N E Gas & Coke. 6015 - 38 Rallroads— ingham . 22 Atchison - |Calumet & Atchison pid_... 056]) Centennial . Boston & Aiban:2i2 Copper Range. Bocton & Maine 19211 Dom Coal Boston Elevated llfl !,. Franklin NYNHG& 211 Isle Royal Fitehburs pfd... 145 |Mohawi Union Pacific. lllfl% Old I)ol'flh’llfln Mexican Central.. 28 |Osceola \Pnrrot A Miscellaneous— Am Sugar ... Am Sugar pid. T&T .14 *|Santa Fe Copper. 241 158 |Tamarack . ‘215 80% | Trimountatn . 1. 13 Gen Electric . 290 rinity - 13 Mass Electric ... 953 United States. ... 17 Mass Electric ... 37| Ut .24 do pfd 36141 Vietoria e United an 87" | Winona <% U S Ste 43%‘Wol\ermn . L 48 uUs Steel 23% ALONDON CLOSING STOCKS. Copsols, money. g4 §-16 N ¥ Central Do account. 7-16 Nor & West . | Anaconda 6% Do prefd .. Atchison . 798 |Ontarlo & West. fd . 101 Pennsylvania 1084 | Reading .. | Do 1st | B3N prefd So Ry .. prefd 45% |So Pac Union Pac Do prefd Do ‘ist ‘prefd U 8 Steel Do 2d pretd ... 58 "| Do pref 11 Central 144% ‘Wabash , Louis & Nasl 107%3| Do prefd Mo Kan & T "‘SY. Spanish 4s Mo Kan & T pi Bar silver, qulet, 25 7160 per ounce, The Tite ot didcount 15 th e ra short bills is 25 per cent. - oo arket for The rate of discount in the open market for three months’ bills is 2 11-16 per cent. NEW YORK MINING STOCKS. Little Chief . Dend“uod Terra. 50 12 Horn Silver ....1 40 |Small Hopes. 2 Tron Siiver ..... 64 |Standar .. 1113 15 Leadville Con... 03 Weekly Bank Statement. NEW YORK, Feb. 15.—The statement of the associated banks for the week ending to- day shows: Loans, $932,004,700; increase, $13,498,700, Deposits, $1,015,279,000; increase, $14,507,100, Circulation, $31,214,100; decreasé, $67,600, Legqx tenders, §72,825, 200; decrease, $2,202,- hpecl- $194,555,400: increase, $1,516,700, Rcserteu $267,380,600; decrease, $626,100. Reserve required, $253,810,750; Incecase, $3,- 649,275, hurplul $13,560,850; decrease, $1,335375, NEW YORK, Feb. 1. ~The Financier says: The nlaument of the New York Associated showed a record-| -breaking maximum in the ftems of icans and of de- posits and this, too, notwithstanding a loss of cash. The officlal return of the cash was entirely at variance with the estimates hssed upon ike traceable wovements of money. he. tween the banks and the Treasury and the interfor, the officlal statement showing a net loss of £686,100 made up of a gain of $1.516,- 700 in specie and a loss of $2,202,800 in legal tenders, while the estimated movement showed a gain of $£2,619,100 cash. This discrepancy may be accounted for by an outward moy ment of legal tenders through the mail to Bos- ton and Fhiladelphia, which shipments were not reported by the bank tellers, who confined their reports to the amount of money which was delivered to or received from the express companies. The loans were expanded last week by $13,408,700. This makes a total ex- pansion since the second week in January of $67,767,900, and the loans now are $932,004,700 or $13,215,100 greater than the largest amount of ‘loans on_record, which was $018,18p 600 Marck 9, 1001. = Deposits were increased by ‘l(‘ ,100, showing that the statement is out ny. The surplus reserve was reduoes “ 5 to $13,560,850, or only $708,400 above the surplus at the corresponding date a year ago. Then the cash holdings of the banks were $265,684,700, whereas now they are 907 380,800, ~ Comparisons of changes in"the ttora of loans ard of ish by seven of the ““Wall- street banks'’ show that six out of the number increased loans by $12,400,000, while one bank showed g decrease ot §1,400.000, making a net gain of 000,000 WO Of the six - panded loans by $9,000,000 PAne Condition of the Treasury. WASHINGTON, Feb, 15,—To-day's Treasury statement shows lable cash b - 664,022; gold, $56,485,815, aianc, 3175, London Market. NEW YORK, Feb. 15 —The Commercial Ad- yertiser's London cablegram says: The stock ‘market to-day was moderately active, with Kaffirs supplying the bulk of trading. Amer. ican issues were quietly hard on the postpone- ment of the collection of the tax on stocks de- posited as collateral. The market disregarded some selling In antlcipation that the state- ment of the New York Associated Banks might make an unfavorable showing. Baltimore and Ohio was the strong feature and Southern Rail- way preferred was freely absorbed by New York account on talk of & 5 per cent dividend. CEBRBON. Feb.. '1'5""30 Coast, TON el —HOPS—Pacific firm, £3 10sG£4 -— New York Grain and Produce. * * NEW YORK, Feb. 15.—FLOUR—Receipts, 14,245 barrels; exports, 200 barrels. Fairly ac- tive with & firm undertone. Winter patents, ook | I:ndog‘[derl $2 5004 60; : opened steady to strong and £3 76@+ 25 Minnesota winter tents, ltrlll’h 70@3 95; 3 90@L 15.‘ Minesota $AT—Receipts, 26,600 bushels; e 4300 Dushels; spot, firm. No. 2 red, 88%e f. o. b. aficat; 90%c elevator; No. 1 Northern Duluth, $6%c f. o. b. afloat. Sustained by unexpectedly higher cables and light spceu tive offering® wheat was steady to firm Qur- ng the forenoon in the face of more favorabie The' oloss was Misdae o et aava He; si@ 3-16c cla!ed 84%c; July clued 844:. Sep- tember, 83 HOPS—F] rm State common to cholce, 1901 crop, 14@iSc; 1000 crop, 10@13c; old, 3@de. Pacific ‘Coast, 1001 crop, 14@isc; 1900 croy, 10@13c; old, 3 HIDES—Steady; California, 21 to 25 pounds, 19%40; Texas dry, 24 to 30 pounds, lilse. WOOL—Dull; domestic fleece, 2 COFFEE—Spot Rio, dull; No.'T invoice, 5%c; mild, quiet; Cordova, S@12c Coffee futures closed llendy net 500 bags. 5 points higher. Total sales 17! Mareh, Oc. . Falr refining, 3 centrifugal, 96 test, 3%¢ molun- suzar, 2%ec. Refined, steady 1;0 6, 4 N } DRIED muxfi ‘There continues a good demand for evap- orated apples, the market hnlfllnl firm at quo- tl(lcnm State commcn to good, 8%.c; prime, 9@9l4c; choice, 9% @10c; fancy, 1 B@llic. The demand for California dried fruits con- tinues fair and prices are firmly maintained at_the previous basis. PRUNES—3%@5c. e,u;alcwrs—mynl 10@14c; Moorpark, 9% i2: WPEACHES—PeeIed, 14@18c; unpeeled, 7%@ e, % Chicago Grain Markct. * * CHICAGO, Feb. 15.—Higher cables and pre- dictions of smaller world shipments resulted in a slightly better opeming In wheat, but the character of the trading was of the same poor sort as has been manitested for the past few weeks. Most of the business was slow and confined to the local crowd. Outsiders kept out of the market to a marked degree. A bullish interpretation put on the French Gov- ernment crop report was shown in the Paris cables and engendered still better sentiment here. There was even \an attempt to bull the market on this news. Many views of cendi- tions, however, worked against the tone of the market. Northwestern and primary receipts werc liberal, St. Louls was weak and the weather was favorable. Good Jines were bid for at New York, but would be taken oniy at declines. Prices seesawed narrowly, May opened %o higher at i8%c, saxged 4c und then gradually worked upward to 78%c. May closed firm %@3%c higher at T8%@T8%c. Corn was quiet but showed & much bstter feeling. Liverpool was slightly higher and there was some talk of an improved export demand. May closed firm %c up at 62%@ “ere dull. May closed firm, %c higher Eraiaions A, & (' ik though, with better tone on a light run of hogs @t the yards. May pork closed 10c higher, lard 1233c Up and ribs 734c higher. The leading futures ranged as follows: Articles— February September . Oats No. May . May 15 8734 July 16 00 ° 16 073 15 uri} Lard, pounds— pik 2 9 4215 Fuly 9 5216 9.031 807 Short i, Fer, 100 pounds.* Ma: 8 50 8 5 50 July 18G2% 865 860 Beptember ..., 870 87 870 Cash quotations were as follows Flour, dull; winter patent: $3 80@4; 40; spring straights, $3 40@3 70; clears, $3: 20@3 straights, specials, ‘$4 20; patents $3 $2 90@3 ; No. 3 spring wheat, T5%4@i6%c; No. 2 red, &6c; No, 2 oats, 44c; No. 2 white, 45%@46c; No. 3 white, 45@16%c; No, 2 rye, B0ke; fair to cholce mumng barley, 61@63ic; Yo 1 flaxseed, §1 67; No. 1 Northwestern, $1 71%; prime tibhoties nesd: $6 60; mess pork er barrel, $15 T5@15 85: lard, per 100 pounds. 35@9 37%a; short ribs sides (loose), $8 35 G800 drydalted. shouiders boxed). “Tgiie: short clear sides (boxed), $8 S0GS 60; whisky. basis of high wines $131; clover. contract grade, $9 30@9 35, Articles— . Shipments. Flos barrels 71,000 Wheat, bushels Corn, bushels . Oats, bushels . Rve, bushels Barley, busheis On the Produce Exchange to-day. the Butter 1 Creamery. 17G28c; Dairles, firm, 10@iZc. Eggs, strons. 35,000 101,000 3,000 Foreign Futures. LIVERPOOL. “Wheat— Opening . Cloging .. Wheat— Opening Closing Flovr— Opening ... Closing May.-Aug. 22°45 22 45 28 20 28 15 Eastern Livestock Market. CHICAGO, Feb. 15 —CATTLE—Receipts, 200; market, nominal. Good to prime steers, 25; poor to medium, §4@4 50; stockers cow i Texas steers, §1 25 22,000; estimated 7300, Market closed ~ weak. Mixed and hutchers $5 75@6 30; xood !o chol(e e 3; canners, $i 21 @7 4 60: calves, 52 501 OGS Receipts to-day, for Monday, 44,000; left over, heavy, $6 25 ; rough heavy, ue‘my 3% m@s ss bulk of sales, ifi s..m 20 Receipts, ; market, steady: !Oed Kn L‘holce wethers, $4 75@5 25; fair to holce mixed, $8 T5@4 60; Western sheep, $4 50 &f.cfi-nve fambs, $5 1906 75; Western lambs, 7S, $5 25 Exports and Imports. NEW YORK, Feb. 15.—Exports of specle from this port to all countries for this week aggregated $77,520 silver and $13.200 gold. The import of specle this week was $44,851 gold and £14,064 The imporis of dry g0ods and merchandise at the port of New York for this week were valued l! $10,142,395. New York Metal Market. NEW YORK, Feb. 15.—Trading the metal market to-day Wwas very slow. Quo- tltlons i, sine tin market steady to firm at B e ateady. "with lake quoted’ at $12 §?' 12 62%: electralytic at $12 26@12 50, and_casting at @12 3714, e e Mendy to s at §1 12 Spelter was qulet and unchanged at $¢ 10 on lro: was firmly held but quiet. New York Cotton Market. NEW YORK, Feb, 15. steady, 3@8 points higher. Northern Wheat M, arket OREGON. PORTLAND, Feb. 15. — WHEAT — Walla Walla, 65G65%¢; Valley, 65c;, Blus Stem, 66@ ik WASHINGTON. TACOMA, Feb. 15.—WHEAT Unchanged; steady; Blue Stem, 65%5¢; Club, 64l4c. Northern Business. Cotton futures closed PORTLAND, Feb. 15.—Clearings, $352,455; balances. tlll 630, TACO! Feb. 15.—Clearings, $228,988; bal- ances, 4 SPO) E, nn 15.—Clearings, ~ $250,190; balances, SEATTLE, b, 15. —Clearings, §577,615; bal- ances, $76,740. Foreign Markets. “ LONDON. Feb. 15.—Consols, 94%; Silver, 25 7-16d; French rentes, 101f 27i4c; wheat car. goes on passage, firm but not active; No, 1 Standard Calffornis, 205 7%4d; English coun- ‘markets, oy P feb. 15.—Wheat, firm: No. 1 Standard California, dl 3%d@6s 4d; whut In Paris, steady; flour in Parie_steady; country markets, qulet; weather in hmua, COTTON—Uplands, 4 21-324, — e LOCAL MARKETS. Exzchange and Bullion. The Dorle took out a treasure list of §007,- 21,060 | $1 75@5; heli- | '>.; bulls, $2 50 | | Flour. $3 per 100 ibs; Rye Flour, $ in Mexican dollars for H ko g01d_ bullion for Kobe and 'doo i twer "hiition for Hongkons, Surllnx Lxchange. 60 days 4 Sterling Exchange. sight. oliden 488 Sterling Cables .. P 459 New Ycrk Exchange, sight..... — 12% New York Exchanse, telegraphlc —, 15 Silver, per ounce e — B5% Mexicau Dollars, nomina 453y Wheat and Other Grains. WHEAT—The forelgn markets continued featursless Broomhall estimated the world" shipments for Monday at about 7,500,000 bush- 2ls, of which Furope wiil take about &‘00.000‘ as against 8,900,000 last week. Chicago was very tame, with few orders. Ofterings were light and there was moderate covering by the shorts. St. Louls reported 500,000 bushels taken for export. Buffalo wired an active milling demand, with stocks reduced to 4,326,000 bushels, n‘ulnat 11,381,000 two months ago. In this market futures advanced lc in spite of the rain, which, though heavy around the bay the northern part of the State, haraly Souched the Botthers. Ban Joaqutn and the !:athv Shipping Wheat remained un- char Spot Wh!l!—sl!lppint. $1 08%; milling, §1 10 @s1 12% pe CALL BOARD EALES, Informal Session—9:15 o' clock-—May—2000 ctls, §1 11%; 2000, $1 11;4‘2000 $1 11%; 2000, December—: Second _ Session—May—: $1 11%: 20(") $1 11%; 2000, $1 11 i ), mx, December—2000, $1 m%. 2000, ! i Niar Scbuing | Session—May—12,000 ctls, $1 n%, 10,000, $1 117%. BARLEY—The rains are causing a decrease in the movement in this city, but there is no diminution in the demand in the Interior and the market is consequently steady at about previous prices, with the exception that where- as before the rains was easily procurable | for feed, it is now asked without being ¢ tained. ‘It is doubtful, however, whether any choice feed could be purchased under this fig- ure, Feed, 93%@90c for choice bright, 92lc for No, 1'and $lc for off grades; brewing and shipping grades, 07%:@51 Chevalier, 95c@$1 20 per cental. CALL BOARD SALES. Informal Session—0:15 o'clock—May—4000 Sc; 2000, 89%c. ctls, 80c y—2000 ctls, S8%c; 4000, small round Sec\)ngoa%e!lgso‘l}— ), < bsl“?:guhr "Morning Session—May—4000 ctls, OATS———Thm is nothing new, the market being quiet, but firmly held. 3 Grays, §1 2001 G whites, 312501 4215: Surprise, $1 40@1 4 black, $1 12%@1 56 for feed and $1 22%@1 323% for seed; red, i 271 @1 37% per cil for feed and $1 35¢ 1 4215 for seed. CORN—Chicago was heavy, with a few large scalpers bulling the market. The San ancisco market was dull and without var- ellow, 1 5716@1 45; dol‘d‘rlgnfloywtd l HUO\ W rmr " BUCK' ‘;IOLA —Qnu(:d a! 'l ltfl per ctl. Flour and Millstuffs. FLOUR—California Family Extras, $3 50@ 8 75, usual terms; Bakers' Extras, $3 40@3 50: i Oregon, $2 T5@3 per barrel for famlily and $3@ 3 85 for Bakers'; Washington Bakersy $3@3 35. MILLSTUFFS—Prices in sacks as fol- lows, usual discount to the trade: Graham | Meal, §2 80; Bice Flour, $7; Corn Meal, $3 25; extra cream ©at Groats, $5; Hominy, $4@4 25; uckwheai Fiour, &4@4 25; Cracked Wheat, SJ 50 Farina, $4 50; Whole Wheat Flour, $3 2 Rolled Oats_(barrels), $6 85@ & 3b; in sacks, $6 50@8; Pearl Barley, $5; Split Peas, §5; Green Peas, $6 50 per 100 Ibs. Hay and Feedstuffs. Both Hay and Feedstuffs continue rather soft, owing to the rain, but neither show any change in prices. BRAN—$18 50@19 per ton. MIDDLINGS-—¥$19 50@21 per ton. FEEDSTUFFS—Rolled Bnrley $19@20 per ton; Ollcake Meal at the mill, $2@28; Jobping, $25 50020, Cocoanut Cake 350g21; Comn Me $31@32 $91 5005 50; tixed FEed. AY and Ot |31 $8@11 Clo\er. 3(6 §6@S 50 ver STRAW-—40G65c per bale, ;_Oat.” § A 2 Volunteer. §6 509; Stoc Beans and Seeds. There is nothing further new In Beans, ex- cept that Blackeye are closely held by one dealer, who refuses to let go under the -ad- vanced quotations. o BEANS—B‘:IYM. 35@2 60; Small White, hite, $2 T5@3; Pea, $3 50 ; Red. 5@3; Black- . $1 45@4 Red Kid- 5 BEEDS—T!‘I&!@}e Mustard, Yell ¥2 %05 73 Car Mustard, $3 253 50; Flax, nary, 3%@3%c for Eastern; Alfalfa, from Uttt 15c: Rape, 144@1%0; Hemp Gigc per Ib. DRIED PEAS o Niles, 165; Green, $125@1 50 per ctl Potatoes, Onions and Vegetables. The firmness in Potatoes continued and choice offerings were firmly held. The Ore- gon steamer brought 4667 sacks, most of which were in good condition and, unlike recent re- ceipts, showed little or no effects of frost. Onions were barely steady, and few sales ‘e&erefig::[?f Peas and Beans from Los An- geles were more liberal and prices were a shade lower. Tomatoes were weaker, Owing to the heavy arrivals of Mexican Egg Plant. Summer 'Squash and Green Peppers con: tinued to bring fancy prices. Rhuba e enidrs e well 52 atichily higher prices. paragas of matural growth from San An- | arens Jaiana and Boulain Tsland sold &t 606 | per db. Three boxes came in. POTATOES—$1 101 35 for Burbanks from the river; Salinas Valley Burbanks. $1 50@ | 185; Oregon Burbanks, $1 25@1 75; Oregon | Garnet Chiles, $1 401 55; River Reds, $1 500 | 1'0; Barly Rose, for seed, 1 60G1 75" smail Burbanks, for seed, $1 25@1 45; Sweets, $1 4u | @1 50 for Merced. ONIONS—Oregons, Austraiian, bu Nevada, 65e_per 50@ GEFTABLES—-—thbnl! 10@1235¢ Der 1b; Green Peas irom Los Angeles, B@Sc; Stri Beans, from Los Angeles, including Wax; Cabbage, 40@50c per ctl; Los Angeles Tomatoes, $2 pér box and $2 50 per crate; Mex- ican Tomatoes, $2@2 50 per box; Dried Pep. pers, 124@15¢ per 1b; 17%c: Dried Okra, 1 50c per sack; ::,2? doze‘x’: for large and 50GT5c for sma Garlie, '-Wzac, s Angeles, *Equasn from ]i:gl Angeles, $2; Marrowfat Squash, $8@i0 per ton; Hubbard Squash, $8@10; Mushrooms, 40c@$1 50 per box. Pouliry and Game. : The Poultry market wc in fairly good shape as receipls were light and there was a fair demand for young stock. Old Pigcons continued to sell well at previous prices. Three cars of Eastern are expected for Monday's market. Recelpts of Dressed Turkeys were 9 cases and sold readily at the quotations. Receipts of Game were 00 sacks. Hare was in over supply and weak. Other kinds sold elogly at the auotations, it UL TRY - Dresced Turkeys, 17g20c; Live Turkeys, 13@14e for Gobblers and 1 ns; Geese, per pair, $1 5001 75; 50 for old and $6@T young; Hens, $4 50; young Roolterl, SW Sieolers, 54 5085 Tor large and 804 to rollers, or large an it Pigeons, $150 per dozen for old and $2 W@ 275 for Squabs, GAME_Hare, T5c@§1; Rabbits, $180 for Cottontalls and §1 for ‘Brush; Gray Geese, White Geese, 75c@$1; Brant, §1 5002 b 1 50 per dozen. $2 25@2 50, first hands; $2 65; Green Onions. lozen; Honkers, : English Snipe, Jack Snipe, $1 ; Robins, Butter, Cheese and Eggs. Butter and Eggs are almost cleaned out of the market. The demand for both for shipping account is remarkable and very unusual for this time of the year. Eastern advices say that prices for Butter and Eggs In the West | and Northwest are higher than for many | years, and that supplies are short everywhere, owing to the recent cold weather, blizzards and interruptions to rallway transportation. An order for a car of ‘‘Bakers' Butter” ‘has been received here from Chicago, but could not be filled, there being- nothing of the sort here. Attempts are made to get up a couple of cars of Egss for Chicago, but thus | o ey lawe boen ansuccesstul. . The Puget Sound orders here are large and 276 cases were shipped out yesterday for this account, The Territories are In the , tco, and as the Lenton demand is brisk it will be seen | that the market for both Butter and Eggs is in exceptionally good shape, in t»tu of the liberal receints. There is nothing new in Receipts were 36,200 e ReTot Butter, 1151 cases of Eaws, 400 pounds of California Cheese, —— pounds Sregon Chbse and — pounds of Eastern BUTTER—Cnlmurx 2514/ oao fancy, 21%@28c ds; dalry, 17 M’I%c, nton Butter, 14@18c : 10@11c; Young m%flu per 1b. EGGS—Ranch, 2lc for sei large and m 20c for good to choice; store, 19c per dozen. . Deciduous and Citrus Fruits. Business in the Fruit market was dull, owing to the Inclement weather, and all prices stood the same. There was a falr movement Cheese. pounds, —— tubs and = in Lemons and Oranges and fancy stocks were firmly held. Two cars of New Orleans Ba- nanas came in. Four or five cars of Navels will be offered at the orange auction on Mon- Strawberrles from Santa Barbara were in bad condition and sold lld'ly at 20c M bas] “Those uny Svere received o late and found no buyers. ArTLES $1 WS 36 per box foF =t 010 1 50 for good to cholce ordinary. PEARS—From cold nonn. -nmuw per CITRUS FRUITS—Navel Oranges, 75c@$1 25 for standerds, $1 moz for choice and $2@2 W for_fancy; Seedll 75c@$1 50; _Tangerines, $1 75@2; ‘Mediterranean Sweets, $1@1 50; Malta Blood Orlnx 3 per_half box; 50c@$1 for common lnd $1@1 50 for good o cholce, and 31 7502 50 for fancy; Grape Frult, Mexican Limes, $4@5; Bananas, per bunch for New Orleans and Hawaitan: Pineapples, $3@4 per dozen. Dried Fruits, ~Nuts and Raisins. for Aside from the firmness and scarcity of | evaporated Apples mentloned yesterday there 1s nothing mew in the market. Everythir - in the fruit line is strong and steadily clean- ing up. FRUITS—Apricots, 7@8%¢ for Royals and 8 @13c for standard to fancy Mporparks; Evapo- rated Apples, . 8@8%c; sundried, 4@4%c: Peaches, 5@7%c: Pears, 4%@8%c: Plums, pit- ted, 4@5%c; unpitted, 1@2c; Nectarines, 0@ Biack and 60@75¢ per box for white. mrfilfigvkm——mm crop are quoted as follows: $GT4c; 40.60s {XGEUC; 000z, & 90's, 2%@3%c; lWl. "%62* A TSNS Secded, 3-crown, 4¢; Bcrown, § ":3 @i%¢c; Loose Muscatels, GIAc for 4-crown Sultanas, 530 \u:bluched md 7 e B ached: Clustere-—im; g hesa, §250; Caney, ¥1.75; Tonton Tavtre: $L35 tshell, 9%c: No. 2, 8@8%c: No. 1 hardshell, ;‘cfl- No.'2, 7c; Almonds, 1014@12c for paper- -nuu 9g1te for softshell and 6g% for hard- {@ikte; Filberts, 12g12%c; Pecans, 11@iic: Cocoanuts, $3 50G: HONEY_Comp, 11@12¢ for bright and 1 5%ec for red and 5%@6%c for white; Figs, 3c m%e so-w-, SH@E% Kc‘ BYc for seedless; 3-crown, 6c; 2-crown, 5%c; @ Ure—Chestnuts, 11@12c; Walnuts, No. 1 Peanuts, 5@7¢ for Eastern; Brazil Nuts, ue for light amber; water white extmled light amber extracted, ; dark, dc. AW AX- 273406 per Ib. Prouisions. Chicago was higher and firm. Offerings were light and the packers sold on the slight- est advance. Hogs continue iIn large recelpt, with a poor cash demand. Packers and coun- try dealers are both bullish and there Is not much selling pressure. Dealers in this market are hinting at a possible change in prices during the coming week, but thus far the market stands as be- fore, beinz dul CURED MEATS—Bacon, 11%c per b for heavy, 12c for light medium, 13c for lighz, 14c for extra light and 1434@15¢c for sugar- cured; »Eagtern sugar-cured Hams, umzv.c. California Hams, 11@12c; Mess Beef, 10 per barrel; extra Mess, $10 50@11; P‘Am'ly $11 50@12; prime Mess Pork, $15; extra clear. 322 50G23: Mess, $18 50Q19; Smoked Be:t 183@14c per 1b. LARD—Tierces quoted at 8¢ per Ib for enmn- pound and 10%@Illc for pure; haif barrels, pure, 11%c; 10-Ib tins, 11%¢; 5-b tins, 11%c, 3-1b tins, 12c. COTTOLENE—One half-barrel, 10%c; thres f-barreis. 10c: one tierce. 9%¢: two tlerces, 9%ec; five tierces, 9%c per Ib. Hides, Tallow, Wool and Hops. All descriptions remain as previously quoted. HIDES AND SKINSCulls and brands sell about 1%c under quotatichs. Heavy salted Steers, 1lc; medium, 10c; light, 9c; Cow Hides, 9c for heavy and 8%c for lght; Stags, 7c; Salted Kip. Sc: Salted Veal, 9l4c. Salted Calf, 10c; Dry Hides, 16%c; Cul Dry Kip, 14c; Dry Calf, 18¢; Cull and Brands, 15¢; Sheepskins, shearlings, 15@30c short Wool, 40@60c each; medium, 65@ T5¢: long Wool, 80c@$l 10 each; Horse Hides, salf, $2 75@3 for large and $2 50 for medium, 51 for small and 50c for Colts; Horse Hides, dry, $1 75 for large, 'l 25@1 50 for medium, §1 for small and for Colts. Deer- R e v e B Tl dlum skins, 30c; winter or thin skins, 20c. Goatskins—Prime Angoras, 7dc; large and smooth, 50c; medium, 35c. L TALLOW—No. 1 rendered, xm‘t 2%0&‘- 5%@0e per 1b; 8@8c: quin Laml Tlé@s%c. Mlddh county. !Olflu per 1b; Valley "Otegon, spring, 15015 Ker do all, 14@15¢ per Ib. HOPS—10@11c for fair and 114012 ger Ib to choice. Local dealers quote 109 161: for shipment. San Francisco Meat Market. The week closed with quiet and steady mar- kets under this head. Wholesale rates from slaughterers to dealers are as follows: BEEF—G&Q.%C for Steers and 6@7c per Ib for Cow: Ab—ur e, 8@Jc; small, 8@10c Ib. 1 ETTON—FWQ'-MH. 8@8%c; m“;“c& PO AMB_Yeariings, 0G9%c per Ib; Spring LA Lamb, li@izie per b PO! 1bs 6%e; 5 To8 and over, uuwuu feeders, k*c, sows, 20 per cent off; 30 per cent off, 0 stags. 40 per cent off from the above quo- tations; Hogs, T%@%%¢. General Merchandise. GRAIN BAGS—Calcutta Grain Bags, Tc; lo- cal make, 3c less than Calcuttas; Wool Bags, 32@35c; Fleece Twine, T14@8c. COAL—Wellington, $9 per ton; Southfield | Wellington, §0; Seattle, $6 50; Bryxnt, §6 Su; { Coos Bay. $3 50; Wallsend. $8 50; perative Wallsend, $8 50; Cumberland, llz in hnlk nd 13 in P!nnlylv-nu Anthracite ——; Welsh Anthracite, $14; Cannel, s pnr AUCTION SALES 5 GRAND AUCTION SALE 2a Lo RACEHORSES IN TRAINING AND CHOICE THOROUGHBRED S'l'ALI.IMS. BY ORDER OF J. W. Schorr, A. B. Spreckels, Burlingame Stock Farm, S. McNaughton, Chinn & Fug- sythe, D. McCarthy, consisting of the Joe Frey (California Derby winner, $5000), Esternell, Greenock (stake winner), Ordnung, Commissioner Forster, John Peters, Triaditza (stake winner), Ishtar, Finch (great hurdle jumper), Clarinette, Saul of Tarsus (a very con- sistent racehorse), Montoya, Rosalbra, Flash- light (stake winner), Trappean, Puryear D (stake winner), Pegalong, Breton, etc. Sale Will Take Place MONDAY...0. .FEBRUARY ITTH, 1902 Commenctng at 7:45 P. M. OCCIDENTAL HORSE EXCHANGE, 721 Howard St., Near Third. Catalogues ready. WM. G. LAYNG, Livestock Auctioneer. {on; Coke, $18 per ton in bulk and $I7 in sacks: {slnunuln descriptions, $8 45 per 2000 ibs 50 per ton, according to brand. OlL—Cnll(ornll Castor Oil, in cases, No. 1, T0c; pure, $1 20; Linseed Oil,"in barrels, boiled. 8c: raw, Tic; cases, bc more; Lucol, 66c for boiled and 64c for raw, in barrels; Lard o extra winter strained, barrels, S5c: cases, China "Nut, 5175g88¢ per gation: pure Neats- foot, in barrels, 70c; cases, T3¢; Sperm, pure. 3 Whale Oll, natural white, 40@50c pe: lon: Fish Oil, In barrels, 37%c; cases, 4zu.c Coccanut Ofl, barrels, 63%c for Ceyion and 58%c for Australian. COAL OIL—Water White Coal Ofl, in bulk, 13%c; Pearl Ofl, in cases, 20c; 3 Star, 20c; Extra Star, 24c; Elaine, m Eocene, 22" deodorized stove Gasoline, in bulk, 1de; in cases, 21%c; Benzine, in bulk, l4c; In cases, 20%¢; B¢ degree ' Gasoline, in’ bulk, 20c; in cases, TURPESTINE 67 Per’ salion in ades ang 6lc in drums and tron barrels. SUGAR—The Western ogl.xnr Reflning Com- pany guotes, per Ib, in 100-1b bags: Cubes, Crushed and Fine Crushed, 5.03c; 4.90c; Candy Granulated, +.90c; Dry 4. Sontectioners’ A, 4. Granulatea (100 Ih b-n only), 4.7t l(-non- A, 4.40c; Extra 4.30c; Golden C, 4.20c; D, 4.10c; barrels, 10c mor! half-barr 26¢_more; boxes, 3c more; B50-1b bags, 10c more. No orders taken for less than 75 barrels or its equivalent. Dominos, halt-barrels, 5.30c; boxes, 5.35c per Ib, Receipts of Produce. Flour, qr sks. Wheat, ctis FOR SATL'RDAY FEBRUARY 185. Quickstl, flsks. . Tallow, ctls. . Flour, qr sks Oats, etls. Potatoes, ! * STOCK MARKET. There was a fair business In scattering stocks on the Bond Exchange, with no note- worthy variation aside from a decline in Mar- ket-st. R. R. to $80. The oil stocks were neglected and the ex- charge adjourned after the 10:30 session in respect to ex-President George W. Terrill, who died in Oakland yesterday morning. The following were ex-dividend yesterday: Four Ofl, lc; Contra Costa Water, regular monthly, 42c per share, amounting to 590 92. Port Costa Water, regular mon 0c per sbare, amounting fo $1300. Oakiand Gas Light and Heat, regulas monthly, 25c per share, amounting to $i500. Presidio Street Railway, regular monthly, 20c per share, amounting to $2000. Sales on the Ofl Exchange last wesk wero sha $25. * 56,131 valus 408, the leading fales being 4s follows: California Standard. 1000 shares. Home. 2925; Junction. 2800; Petroieum Center, 18,880; Recd, 17.284; Occidental, 1060; Lion, 1000; Monarch, 4600; Oil City, 1000. The California Fruit Canners’ Assoclation will pay a dividend of 60c per share on the Th reports for January 15 of the Alaska Mexican and Alaskn United mining companies are at hand. The former reports 20,015 tons ore crushed, ylelding $20,836, and 300 tons sulphurets, valued at $19,422. The receipts for the month were $43,198, the ore averaging £2 13 per ton. and the 'working .119. The'Alaska United re- ports 19,710 tons ore crushed, yielding us.-nu and 308 tons sulphurets, ‘Total receipts for the month were $33,440, ore averaging $1 70 per ton. The working ex- penses for the month were $20, STOCK AND BOND EXCHANGE. SATURDAY, Feb. 15—12 m. UNITED STATES BONDS. Bid. Ask. 113 1135 4s ar ¢ (new)138 13915 112 1123% 3s qr coup..108% 100 Continued on Page Thirty-Nine. FIRST ISSUE OF SHARES ALL SOLD NO OTHER INVESTMENT, AT THE PRICE, TO EQUAL THIS THE TAGOMA COMPANY Mining, Steel Rails, Merchandising, Smelting, Structu SCOPE OF THE il ations will be at Tacoma, Wash., at which and operating of the rolling mm smelters, lnmber y: the conduct of the large business ny’s nm-nflm , to to the famous ‘‘Marble Bay'’ mines and limi BOME OF m PROPERTIES—The for the most producing pro ety on Texada 1siand was. boing. wee of ‘ore a month. double and treble and he increased correspo: itself, a u-eoum 3 acres of the most hlghly minera oot Dl et ; confy the TUnited States Senator from concerrd; is & and & BIG CAPITALIZATION FOR BIG WO! and large intcrests fnvolved make o o i k. 1 be sold, ht-'- as is Ui ashingt shares advanced to the immense he extensivo iron deposits situate on mines bou; “The Tacoma m.a':: flmrrl-?!o:’tu great ‘‘Marble L - t & profit of $12.000, when bought. druple the output of this great wowrty ly. This ‘“Morble Bay'' property in rry, lime hllll. mm“ hotel. etc., lnxh-r-;'n o é’fv‘m’« shares 000,000 in nm!hemlll(m | Steel and Iron, Lumbering As its name fndicates, the base of the company” t are exceptional factlities for the m ards, docll. cu' rmnlnd n this central vantage ‘Reids wnd Fich mincrals belt of deep water in British Columbia, estone q\un‘lt- on Tezada island. C and the. besides the tht whole embracing 1200 ’l\-xld.l From of lime monthly to lfl.rlthtl‘- necessary. $1.00). with ey, business on llawlmlwehp-en utt.hurwu SHARES--12% Cents Cash 15 Cents on Instaliments This Price Will Hold Only Till Second Biock Is Soid. of ore mined at the ‘‘Marble h"‘ under the new ‘acoma_ smelter last week. from the nm-nnmxnn-m—mm -mmmd For fuller information, write or call The AMERICAN GUARANTY AND TRUST COMPANY 820, 821, 822, 823 HAYWARD BUILDING, San Francisco LOS ANGELES, 337 Douglas Biock, R. H. NORTON, Manager; Catifornia State Bank Building, A. M. R ke . KETTLEWELL, SACRAMENTO, ALAMEDA, Bay Statlon, Raliway, CHAS. ADAMS, Menager; ST. HELENA, Kettiewell Block, Mapager.