The San Francisco Call. Newspaper, May 4, 1902, Page 35

SUMMARY OF THE MARKETS. Local siocks and bonds fairly active. Local bank clearings show the usual gain. Silver and Sterling Exchange a fraction lower. Wheat futures weaker. Barley QOats very firm. No fur / y and Game unchanged. Strawberrics firm. futures higher. Corn well held. Rye dull. ther change in Hay, Bran and Middlings. continue to vise under a shipping demand. es and Vegetables steady and Onions firm. Oranges and Lemons dull. s of Cherries coming in daily. ving more toge in New York. Provisions still quiet and unchanged. Wool, He o0 change s-and Hides as before. in live or dressed Meats. nk Clearings. arings during the past week inst §24,996,379 during the in April. cal at this port by sea during April were as follows: From Columbia, 39,462 tons; Australia 46: Great Britain, 5254; 3180, making a total of 116,902 tone. Lumber and Salmon Trade. LUMBER—The receipts of lumber at this by April were 41.691.000 feet, of 000 feet were recelved from Cali- and the balance from Washing- The exports during feet, of which 412,000 as dunnage on the grain of salmon in April barrels. All but 131 e received from Oregon and exports were 11,456 cases Waeshington. and 13 13 packages Washington Crop Bulletin. of G Salisbury, section direc- Weather Bureau, for the Bulletin, week ended May 1, States the weather fros has been somewhat v nights, the past week e for growth than any this 2 spring. th aid no injury to fruit bloom, to peaches in localites of the Warmer weather is desirable. ere were but a few slight showers, aving been mostly dry and favorable to ding and planting. Oat seeding is in_prog- County on the flats. Potato general. Hops are being trained the first time. &_wheat is coming up in the esstern sectic Fall wheat is four or five inches high in a few localities 2 rule improvement has been slight previous week, the weather having been too cool. The frult pros- pect is thus fer very good ples are coming into bloom, while plums, pears, peaches and cherries have been in bloom some time." Dried Fruits in New Vork. Mail advices from New York say: At the moment the improvement in interest for spot prunes is manifest and additional busi- s been done. There is a slight ing on new and business in a small & been deciined at 63e for 40-50e in 25~ 1b boxes. There are sellers, however, at 6%c, and sates on latter basis for jobbing ac- 1y large way. Stz falr re with under closed at & sha t. A sale of 70-80s In some disposi- In view of the holders rry goods into 1 buyers’ fav The mar- ws eariy in nquiry the week. In currants a is reported in several quar- ned in bbls, and Last advices merket favoring buyers. Some f in fancy seeded 1-ib cartons &t 8Sc. In apricots the de- order and fair. Prices are a good inquiry and re- Feaches sh suiting business. Stocks are fairly well con- cen*rat dates & moderate interest is Doted he principal holders advanced igze on Khadrawee and Hallowee. Figs are nominaily unchenged nuts we heer of business in Brazils for nt in & round lot way at 4lc for atum 4%c for large. In aimonds Sicfly shelled is firm and in few hands. are in moderate request and about steady at Chabert walnuts are unchanged. Sicily fiiberts are in mederate demand, with sales noted up to 8iec in a small way for best offer- ings Private advices from the coast to-day state twenty- ax ageinst three times that quantity last year at this time. There are fully four months to elapse before mew pack can be available, neturally holders are disposed to considerable firmness. There is & good dermaand from West- ts, stocks in the principal consuming ts belng comparatively light. scason on fresh vegetables it is expected will cause en added demand. and corsumption for the fFuit. Apricots are also in strong position and moving in & fair way Weather Report. (120th Meridian—Pacific Time.) SAN FRANCISCO, May 3, 1902—5 p. m. Toe following maximum and minimum tem- peratures were reported from stations in Cali- fornia to-day: peaches (drfed) are now reduced to Eureka . 56 Sen Diego. .62 Fresno .. 76 Facramento 7 Los Angeles . 68 Independence . 68 Red Bluff........... 7 Yuma .... . 88 Sen Luls Obispo 70 Sen Francisco dets: Maximum temperature, 0. minimum, 49 mean, 5. THE COAST RECORD. g R W B P 55 £ P 2 g sa322 % 32 § B5Esz2 22 < ETATIONS. 2 SE 'i;_, 3 1B ad H o R £ B Pl : £ s 3 : : It 20.14 52 42 EW Cloudy .2¢ a:‘k"-’:‘ .30 52 36 NW Ciloudy .00 Carson ......29.88 56 3¢ W_ Pt Cldy .00 Eureka 10 5 42 NW Clear .00 Fresno . 76 46 NW Clear .00 Fiagstafl 64 30 SW Cloudy .00 Pocatello, 1da 52 32 W Clear T. 68 42 SW Ciear .00 68 48 SW Clear .00 Phoenix 68 55 SW Clear .00 Portiand 58 46 E Cloudy .02 74 48 X Clear 00 64 38 NW Clear .00 72 4 B Clear .00 54 36 NW Clear .00 6 48 W Pt Cldy .00 70 4 W Clear .00 62 52 W Clear .00 5 46 £ Cioudy .01 53 42 S Cloudy T. é 50 46 SW Rain .04 Walla Walla. 60 42 §_ Pt Cly .22 Winnemucca. 2098 56 18 NE Pt Cldy .00 Yuma ... 0 B8 58 W Clear .00 WEATHER CONDITIONS AND GENERAL FORECAST. iy cloudy weather prevails over ‘Washington and Oregon. Elsewhere on the Pa- cific Siope fair weather prevaiis. Light show- ers have occurred in Washington. The pressure has fallen over the Pacific Slope and risen in the Rocky Mountain region, The temperature bas risen slightly west of the Rocky Mountains, except in Weshington, Where there has been s slight fell. The tem- perature is below the normal throughout the cific Siope. P imecas: made at San Francisco for thirty hours ending midnight May 4, 1902: Northern California—Generally cloudy Sun- day: somewhat threatening in the north por- tion, with showers in extreme north; fresh southerly wind. ‘Bouthern California—Fair Sunday; fresh west wind. Nevada—Generally ‘cloudy Sunday; in north portion; fresh southerly wind. warmer Washington, | the | Light frosts on the | the | stead- | ade less easiness than | Valencias | ven carloads held by three operators, | and | The late | | San Francisco and vicinity—Generally cloudy | and somewhat threatening Sunday: fresh south- ‘ west wind. G. H. WILLSON, Local Forecast Official. 3 - g | EASTERN MARKETS. ‘; # — % New York Stock Market. NEW YORK, Mey 3.—The net changes in | tc-daz etock market showed little feverish | Dervousness of the two hours' trading. When the market closed yesterday there was little relizing of the nature of the financial trou- | bles reflected in the collapse yesterday of the | so-called Webb group of stocks on the Stock Exchange in the curb market. Every oppor- tunity had been given to avert the threatened failures 2nd te provide for support in the stock market ble on Saturday under contracts, according to | Stock Exchange rules 2nd thet loans made on | Friday carry over to Monday, helped the ef- | forts to avold trouble. There was a threaten- | ing break in prices at the opering of the stock | market, in spite of a strong upward movement in Loulsville and Nasbville and Pennsylvania. These advances, were lost, however, and sup- porting orders at weak points were found nec- essary to check indiscriminate liquidation. When St, Paul was-selling in 100-share lots at 170 there were bids in the market for 7000 sheres at i70% not foliowed up when it was ceen that the sell- ing was checked. After the bank statement ap- ared the buying was rcnewed In @ more ag- manrer., and the market developed a nt tone, with the close active and Earlier losses were gene: wiped uite comime at v d to be immediat | rred fluctuated between 103 and 89, with the inst sale at 100, compared with 102 lest night. St. Lawrence and Adirondack was variously | quoted at 50 bid, 120 asked, and 75 bid and 120 acked, with the closing guotation 50 bid | and 100 asked. The increase in capital shown the banks was a total surprise, as the b sub-Treasury absorption during weel indicated a loss of more than $2,000,000. | The relief thus afforded was a welcome one. in | view of the loan expansion of more than $10,- | 1000,000. The sharp liquidation in the stock market, it is hoped, has served to relieve the tension’ of the money situation, although an active money market is expected next week. Decline in speculative interes: has been show in the stock market this week and efforts supj.orting prices have not met with entire suc- The montb-end requirements precipitated ringent conditior in the money market, h was aggravated by the collapse in In- terpational Power and the distrust engendered in scme of the other industrials supposed to | have affiliations with that company, or whose | concitions are equally sbroudcd in mystery. This undoubtedly led to some discrimination the banks agail lcans. The ingenious admission by one of the principzls in the power ecpisode that the slump was duc to the neglect of his patron to put in 2 buying onder at the same tisae as his seiling | order s impressive as an example ‘of how some of the recent unexplained advances prices might have been brought about. T most iking fact in the power episode was the lack of a general market for th of its dazzling rise of over 100 points, attempts were made to effect real sales. Ea- tire lapse was the result. The episode in- vited attention to the recent course of many other stocks. Even among the standard rail- road stocks there arc instances where the ma: | ket turn has over-amouated to several times the outstanding capital of the company in the | ¥s, with a resulting price | 3 a few points. Taken in con- ‘ with complaints of commission houses of the scarcity of orders from the general pub- | lic, these facts awaken distrust of the genuine- | ness of gome of the price movements in the | market. Day after day new high record prices are established in many standard stocks, to say {nolhing of the large crop of new and untried industrial securities, of whick there is little | public knowledge beyond the recorded price mevements in the merkei. It is almost an in- varizble rule that declining money resources is the instrument for disclosing the weak mar- ket position of securities. Stocks whose high P arc due to buving with borrowed re- ‘i-our('es w(hlh : i to onli“‘ temporary hold- ng must be thrown over when loans begin t | be called in. o A deeper impression than is superficially ap- | parent has been caused by the action this week iof the New York clearing housc authorities. in when mitted in future to clearing house privileges to maintain 2 cash reserve In their own vaults commensurate with that required of members themselves ¢ interpreted as a note of warning egainst the prescnt rate of eredit expansion This action is primarfly and ostemsibly d rected against the rapld rate of increase of ne banks and trust companiee. It Is also the ovtgrowth of much serious discussion that hes taken place regarding the growth of the de- without any such legal restrictions upon them to maintain cash reserves as are enjoined on | the banks. The trust companies retain only an insignificant proportion of the money in their own vaults at any time. Their cash is on depcsit with the banke, and figures there as cash reserve. It is at the very time when de- mand for credits or dimunition of cash in the banks has run uwp the money rate that the trust companies are aitracted to put cut loans at the high money rate prevailing. Relief is | nominally ‘afforded to the banks by this shift- ing of the demand for cash on thetrust com- punies, but the effect is ifkely to be an ex- penGing volume of credit on shrinking cash recerves. The last published statement of the condition of trust companies for New York State showed loans on-collateral of $540.208,- 206 and $121,045,797 of ‘‘cach on hand,”’ of which, however. all but $0,85%,702 was on de- posit with banks. There have been heavy loans since the first of the vear by the trust companles. The weekly bank statements re- | veal thet the banks/are down to near t| Jegu roserve Tiomie hioh s thus eeon to Rgure not only against their own deposits, but those of the trust companies, and many int - gtitutions who also keep deposits o New Fork anks. 3 The varying weather pews has been an infuence on the marete ol Tt deiay in settling the anthracite coal miners: | wages is another matter of holding back the narhet. The bond market has been affected by the late weakness in stocks and prices declined 1n g Ly ned in sym- TUnited States new 4s d eclined % and the new 4s coupom 1% per cen D e Kou Wezk?e t, as compared with “ILSI'T MOOLS MUOX MaAN Sales. Hj i Atchison T e R CTDB’; Atchison D 12,000 68 97 Baltimore & Ohio. 1067 Baltimore & O pfd. 05 Canadian Pacific... 125%, Canadian Southern 1,500 921, 918 913, | Chesapeake & Ohio 800 47 481 4 Chicago & Alton.. 700 38 35° 3918 Chic & Alton pfd. Chic, Ind & Louls. 182 700 83 81 83 200 WO 908 7,100 168% 150" 1597 The fact that no stocks are delive:a- | The centralized buying was | the | industrials as collateral in | stock, in spite | The decision to require institutions to be ad- | posit banking business and trust companics | Towa Central. . lélwl Central pfd.. K C Bflsau(hem. % uthern pfd. Leke Erie & West L E & Western ptd Louis & Nashviile Manhatten L... Metropolitan St Ry Mexican Central. .. 4, Mexican National.. T, :.:nn &‘ S; Louis.. 1, ssourl Pacific.. . 14, 20% 98% D% Missouri, K & Tex Mo, K & T prd... o Bu el New Jersey 'Cent. New York Cent... Norfolk & Western Norfolk & Wes ptd Ontario & Westarn, Pennsylvania . . Reealng .. eading 1st pfd Reading 24 pfd. St Louis & 8 F. .. St L &S F et pid StL & S F 24 pra 5t Louls Souiniwest uthwes B ant e St Paul pfa.. Southern Pncific Southern Raflway. Miscellaneous Amalgam Copper Am Car & Foundr Am Car & F prd Am Linseed Oil Am Lin Ofl pf Amer Loco : Amer Loco pfd . Am Smelt & Ref Am Smelt & R pfd. Anaconda Min Co. . Brooklyn Rap Trn. Colo Fuel & Iron.. | Consolidated Gas . [ Con Tobaeco pra.. | General Electric .. Hocking Coal | Inter Paper . Inter Paper pfd. . Inter Power . | Laclede Gas .... National Biscuit National Lead National Salt . Nationa)Salt 7 North American Pacific Ceast Pressed 8 Car pfd. Pullman Pal Car. Republic Steel. . Republic Steel pfd. Qugar- .. 000 | Tenn Coal & iron. Union Bag & P Co. UBS&P Co pra 1 U 8 Leather .. S Leather pfd. S Rubber .. Rubber pfd. U § Steel U § Steel pfd. .. Western Union , ! Total sales ....601,000 NEW YORK BONDS. | U S ref 2s reg....100% L & N Uni 4s...102% Do 2s coup. 1095 Mex Cent 4s 3 Do 3s res. Do ist_inc 33 Do 3s couj | Do new 4= reg Minn & St L Do new 4s coup.1 Do 2ds | Do old 4s reg... N Y Cent Do old 4x coup. Do gen 3igs. Do 5s reg. {N'J Cent gen bs. Do 5s coup..... Northern Pac 4s. | Atchison gen 4s.. | Do adj 4s...... 94" I 1014 | | Balt & Onio 'ds"102% Reading Gen ds.. 99% Do 8%s... S L & I M con 5811615 ‘ Do conv 4s. . SL&SVYF4s. @9 AHM | canada Sou 2ds |8 L SW 1sts .1l 98 | Cent of Ga b: 110%| Do 2ds... 84 | Do 1st inc 86" 'S A & A Pass 45, 914 | Ches & O 414 10815 | Southern Pac 1s.. 95% Chic & Alt 3s.. 813! Southern Ry Bs...123 | C B & Q new 4s. 96 " Tex & Pac lsts..121% C M&St Pgen 4s..116% | Tol St L & W 4s. 834 | C & N con 35 | Union Pac 4s....105% CRI&P4s....112 | Do conv ds.....106 CCC&St L gen 45.103% 171 | Chic Ter 4s.. 11 Colo & Sou 4s.... g 76 D&RG 4e 10415 | West Shore 4s. Erie prior llen 45,1003 Wh & L E 4 Do Gen 4s...... 88 | Wis Cent 4s. F W & D C 1sts.. 1134/ Cons Tob 4s. Hock Val 4%s....112" | MINING STOCKS. Adams Con 20 Little Chiet 1 | 5 Ontario -8 15 | 30 Ophir . 16 | < 15 Phoenix T | Comstock Tun. 08 Potosi . e | Con Cal & Va 5 Savage. 1z Deadwood Terra 76 Slerra Nevada 26 Horn,Silver . 40 Small Hopes . 40 Iron Sliver 70 Standard .3 35 | Leadville Con. 631 i BOSTON STOCKS AND BONDS. | Money— U 8 Steel 41 ‘ Call loans Do prefd. 971 | Time loans.... | Westinghs 108 | Bonds— | Mining- Atchison 4s.......103 |Adventure 215 | Gas 1sts §7 | Allouez 335 Mex Cen S1 Amalgam: 659 | N E Gas & Coke. 55. |Bingham 34% Railroads— Calumet & 540 | Atchison . 78% ! Centenntal . 18 | " Do prefd. 979 [Copper Range.... bplj | Boston & Albany. Dominion Coal. .. 138 | Boston & Maine. 198 |Franklin 11 | Boston Elevated..164% |Isie Royale 3% NYNHG&H...235 |Mohawk . 341y Fitchburg pfd....146 [Old Dominfon.... 174 Union Pacific../102% | Osceola 62 Mexican Central.. 28% |Parrot . 241, Miscellaneous— {Quincy 125 | American Sugar..12614!Santa’ Fe Copper. 214 i Do prefd... -118%; [ Tamarack . 170 | Amer Tel & Tel. .lTfl‘,ITflnfly ‘o 12 Dom Iron & Steel. 6534 |United States....120% General Electric..322 " |Utah . 22 Mass Electric. ... Victoria N E Gas & Coke. Winona . United Fruit. : Wolyerine ... United Copper... LONDON CLOSING STOCKS, | Consols, money.9413-16 N Y Central. | Do, account [Norfolk & West | Anaconda 5% | Do prefd. | Atchison 80% |Ontario & 3 | _ Do prefd. 00 | Pennsylvania . i8 Baltimore & 09% (Reading .. 32 Canadian Paclfic..1261; Chesa & Ohlo.... 48% | Cnicago Gt West. 27 Chic M & St P..174 Denver & R G... 43% Do prefd. . 931 Erie ... Do st prefd Do 2d prefd. Southern Rallw Do prefd. . Do prefd. Do 1st prefd. U 8 Steel Do 24 prefd Do prefd. | Jilinois Central Wabash . zm,’ Louis & Nash...137i. Do prefd 4415 Mo Kans & Tex.. Spanish 45 .Y | Do prefd,...... 56t Bar silver dull, 23 5-16d per ounce. Money, {2@2% per cent. The rate of discount in the open market for short biils is 2% per,cent. The rate of count in the open market for three month: bills is 27 per cent. Associated Banks’ Statement. NEW YORK, May he statement of the Acsoclated Banks for the week ending to-day shows: Loans, §904,162,5600. Increase, $10,768,400. Deposits, $965,189,800. increase, §18,642,000. Circulation, $31,040,300. Increase, $79.000. Legal tepders, $75,681,000. Increase, $677,300. Specfe, $173,850,400. Increase, §756,400. Reserves, $245,531,400. Increase, $1,432,700. Reserve required, $242.047,400. Incrcase, $3,410,750. Surplus, $7,484,000. Decrease, $1,977,050. The Financier says: The official statement of the Associated Banks showed an increase of $1,443,700 in cash. Instead of a decreage of §2/501,800, as was estimated from the movement of money during the week. The striking feature of the official statement was ihe increase of $10,768,400 in loans. This may be regarded s surprising, considering the fact that there was good evidence of large calling of loans early in the week, incident to preparations for the disbursement of May in- ferest and dividends. and considering also that tlhere must have been more or less liquidation of loans due to syndicate operations of scme magnitude, possibly resulting in from the payment during the week Of $10,000,000 for Pennsylvania bonds and of a ‘amount for Rock Island purchases. The ~deposits: were augmented by $13,043,000, or §1.440,000 greater than was called for by the increase in the loans and in cash; the statement was, there- fore, out of harmony. The required reserve was' increased £3,410,17C by the gain In de- posits. Deducting therefrom the 1 in Pash leaves §1917,050 as the loss In. surplus reserve, reducing this jtem to ¥7,484,000, A year ago the surplus was $10,080,100. The most notable changes in loans were by nine downtown banks, whicl showed a net gain of $8.800.000: four of these banks increased this item $9,800.000, While two of the banks ind‘- cate a decrease of $2.000.000. Two Wall- street institutions gained $3,100,000 in specie, while two others lost $3,600,000. The clear- South Railway pfd 951, NEW YORK, May 3.—FLOUR—Rsceipts, e ied | 21,588 barrels; exporte, 11,735 barrels. Sales, TR g \v&prd' 214 { 6700 packages. Market was quiet, but very | Thion Pacific ... 34 firm. | Winter patents, $3 83@4 03; winter Unlon Pacific pi s714 straights, $3 75@3 90; Minnesota patents, $3 90 Wabash ... . ig @ 15; winter, extras, §5 1003 35, Minnesota | 3‘1“?..?“;:‘ s % | bakers, $8@4 30; winter low ‘grade: $2 909 e Erie W &L E 23 ptd 343‘/ ” w'uzyr—nem pts, 193,050 bushels; exports, | Winconsin Central. 4,400 25 ° 95,455 bushels; sales, §30,000 bushels futures; ‘Wisconsin Cen ptd. 400 48 24,000 bushels spot. Spot steady. No. 2 red, Express Companies— B0 elevator; No. 2 red, 9lc nominal f. 0. b. Adams ... . afloat; No, 1 Northern Duluth, 85c f. o. b. American ... aficat: No. 1 hard Manitoba, 88%c f. o. b United_States aficat, Wheat opened firm and a shade higher, Wells Fargo . being influenced by dry Kansas weather and | | and peaches are quite active in jobbing way % | and steady to firm. | showed good strength. | Nebraska suffering for the want of rain. ings of the Assoclated Banks show an increase of about $21,000,000. It appears probable, that, as was the case in the previous week, th: cash of the banks was made up on rising averages, and moreover the condition of the institutions should improve during the current week by reason of the fact that treasury dis- bursements for interest were large on Friday last and payments by banks into the Treasury, on account of retiring circulation for May, and for the return of public money by depository banks, has been important seems to be indi- cated by the fact that the low deposits in all banks were reduced.$1,835,048 between April 28 and May 1, inclusive. A comparison of the Qdeposits in the banks shows that Secretary S.iaw did not succeed in distributing the sur- plus during April to th> extent intended, the d posits of public money inereasing - in ' that month only $2,173,000. The Secretary will probably make a strenuous effort to distribute his surplus during “1is month, which may be more successful. S London Market. NEW YORK, May 3.—The Commercial Ad- vertiser's London flnancial cablegram says: There was a thin attendance on the floor of the exchange to-day and the amount of busi- ness transacted was small. The tone was' heavy cn the break in Americans. There wa: a listless awaiting of New York developments, with the small local selling counteracted by New York's scattered buying. Canadian Pa- cific dropped to 126%, closing at 12644, LONDON, May 3.—HOPS (Pacific Coast)— Firm; £3 15:@£4 155, R RSN s New York Grgin and Produce. . I | 3 s strength in the Northwest, but efforts to take profits revealed little good support and week- Regs onsued. Near the close prices rallied in a forecast for dry weather in Kansas City and i left off e net higher. May, S1%@81%6, closed 81%c; July, 81 13-16@82%c, closed at §2%ec, September, S0 @814c at 8l%ec; De- cember, 833 @AE%c, closed at 82%c. HOPE—Quiet. State common to choice, 1901 crop. 10G20c; 1900 crop, 13@ldc; old, 4atic; Pacific Coust, 1901 crop, 15@16%¢; 1900 crop, 13@1de; 4@be for old. HIDES—Firm. _Galveston, 20 to 25 pounds, 18c; California, 21 to 25 pounds, 1814¢; Texas dry. 24 to 30 pounds, ldc. WOOL—Quiet. Domestic fleece, COFFEE—Spot Rlo, dull. No. 7 invoice, 5 7-1Ge; mild, dull; Cordova, 8@12c. SUGAR—Raw, strong. Fair refining, 3c; centrifugal, 90 test, 3%c; molasses sugar, 2% d firm. No. 6, 4.15¢; No, 7. 4.05¢c; R s be: No. 9, 5.90¢; No. 10, 8.850; No. 11, 3.80¢; No. 12, 3.75¢c; No. 13, 3.75¢; No. 14, | 8.75c; standard A, 4.50c; confectioners’ A, 4.50c mold A, 5.05¢; cut loaf, 5.20c; crushed, 5.20c: powdered, +.80¢; granulated, 4.70c; cubes, 4.95c. DRIED FRUITS. The situation in evaporated apples remains about unchanged. The market is firm and offerings are light. The export and jobbing Gemend Is limited. State common to good, G S%c: prime, 934@0%c; choice, 9%@10c; fanty, 103 @lle. n prunes mew fruit is steady and in fair | jobbing request. Old fruit is irregular and holders will probably make concessions to move stogk; small frult is some stronger. Apricots | PRUNES—3%@06%e. APRICOTS—Boxed, 10%@l4c; bags, 104@ 12¢. PEACHES—Peeled, 14@16c; unpeeled, $%@ ie. * & Chicago Grain Market. ! - * E CHICAGO, May 3.—At the outset wheat Cables were firm and | indlcated a generally strong foreign position, | especially when the recent sales to France were considered. Th;ze was too much rain in’ the | I *. Northwest to pérmit of early spring wheat sowing, and the possibility of a retarded spring crop gave the bulls a higher price argument. The Government reports still show Kansas and n these influences July wheat opened 4@%c to | 34@ie up at T6%e to 77c. Private messages, | however, soon began to arrive telling of rains | in Kansas. This broke the market for a time, | but the forélgn sitdation brought another rally. Commission houses were on both gides of the | market and slightly favored buying. ~The quiet | nature of the market, however, slightiy helped | the bears and when Kansas rains were consid- | ered dgain they put a selling pressure on the | cereal. July fell to T5%c and closed weak, ¢ lower, at T6@76%e. Corn was again weak with commission house selling based on excellént crop news as the | feature. July closed weak, %@%c down, at| 61%c. | Oats were dull, with small trade over a very July closed ¥c lower at 36%c. Provisions were strong, but with higher prices for hogs. July pork closed 7%@10c up, lard S¢ up and ribs 5@7%c up. i The leading future: narrow range. ranged as follows: Articies— Open. High. Low. Close. Wheat No. 2—- | TH% 5% i 6% K " : T8 6y Corn No. 2— May . 601z 60K July . 62% 621 Seglemhr 61% 6% ats No. May . 42 4214 July, ‘old 3% a4 July, mew . 361 36l September, ol 295 30 September, new. 1% 31% Mess Pork, per barrel-— May . 16 90 July ..o 1705 17 123 September ... 17 221 17 229 Lard, T pounds— May.... . 10 10 10 12% 1010 10 121 July . 1015 10 20 ° 10 15 10 20 Scptember 10 2234 10 27% 10 2215 10 27% Shert Ribs, per 100 pounds— May . At L aNCG s Y gt aaetd | July 960 96T B0 96T | Septernber 957% 965 955 965 | Cash quotations were as follows: Fiour, frm: winter patents, $3 90@4: strajghts, $3 20@3 80; clears, $3@3 60 spring sreclals, $4 20@4 307 patents, $3 40@3 80; straights, §2 90@3 30; No. 3 spring wheat, 71@ 75¢; No. 2:;.1 83}?80:3: N:‘.“Z z;tlz, 423/’ No, 2 white, 4% ; No. 3 white, 43%@44}ic; No. 2 rye, ul?c; fair to choice malting barley, 68 Tic: No. 1 flaxseed, $167; No. 1 Northwestern, $1 707 prime timothy seed, $7 25@7 35: mess pork, per_barrel, $16 95@1T; lard, per pourds, $10 15@10 17%; short ribs (oore), $9 50@9 60; 'dry salted (bexed), T%@Sc; short ciear sides (boxed), $10 10710 20; whisky, basis of high wines, $1 30; clover, contract grade, $8 35. Receipts. Shipments. 18, 0& n';xoo Articles— Tlour, barrels . Wheat, bushels 42,000 202,000 | Corn, bushels . 63,000 35,000 Oate, bushels . +241,000 167,000 Rye, burhéls . 2,000 52000 Barley, bushels . .. 21,000 1,000 ~n the Produce Exchange to-day the Bufter morket was steady. Creamarles 15@21 Deiries, 17@20c. Cheese, stoady, 123%G13 Yoc; Ergs, steady; fresh, 15c. e, L Foreign Futures. Opening Closing . Wheat— Opening .. Closing . Flovr— Opening ... Closing - Eastern Livestock Market. CHICAGO, May 3.—CATTLE—Receipts, 300, Nominal; good to prime steers, $3 75@7 20; poor, $5 4006 40; feeders, $2 50G5; cows, §1 400 575; heifers, $2@6; canners, $140@2 10: bulls, §22080 2, culves, $26550; Texas fed steers, i : To-day, 8000; Monday, z ed; market steady. )lin%nd::d h! 95 bulk of sales, $6 85@7 10, 3 steady. = Good to choice EP-—Recelpts, 500. Sheep . and ‘wethers, .“ “”:‘;‘fl 50; ‘Western 40; Western fair to_cholce mixed, $4 7 heep, 25@86 20; lambs, Tome, §b 2500 50, % ST. JOSEPH. o. ‘HOGS—Recelpts, 3400. Market steady. Light | light ed, $6 15; e T o 0 o e et New York Cotton Market. NEW YORK, Mas 6.—The cotton market X‘om'l.mm, Walla, 65%4@66c: Bluestem, 66lsc. | 650,000 bushels. | countles cannot get m opened steady at a decline of 2@11 points and b et R irresular, E)cports' and Imports. NEW YORK, May 3.—Exports of specie from this port to all countries for this week ag- gregate $206,046 silver and $6307 gold. The imports of specie this week were $3987 gold and $20,708 silver. The imports of dry goods and merchandise at the port of New York for this week were valued at $9,778,755. New York Metal Market. NEW YORK, May 3.—As a rule the local metal markets were steady but quiet, but prices were unchanged. With the foreign mar- ket®closed there was no special incentive to do business here. Tin was quoted at $26 30@ 28 60 for s Copper was quoted at $11@ 11 30 for standard spot to August: lake spot at $11 75@12; electrolytic, $11 47%@11 65; cast- ing S11 3734@11 621, Lead stood at 4lic and spelter at $4 42%5. Iron was steady to firm, but not active. Northern Wheat Market. - May —Wheat, nominal; Northern Business. ~N PORTLAND, May 3.—Clearings, $510,160; balances, $158,345. TACOMA, May 3.—Clearings, $126,056; bal- ances, $15.688. SEATTLE, May 3.—Clearings, $426.241; bal- ances, $68,057. SieN . SPOKANE, May 3.—Clearings, $207,086; bal- ances, $32,000. Foreign Markets. LONDON, ' May 3.—Consols, 95; silver, 23 5-16d; French rentes, 101f 12c. Wheat cargoes on passage, firm, but not active; car- goes No. 1 Standard California, 30s 3d; cargoes XV-H‘ ‘Walla, 29s 9d; English country markets, rm. LIVERPOOL, May 3.—Wheat, steady; No. 1 Standard California, 6s 412d@€s 5d; wheat in Paris, duil; flour in Paris, Gull; French country markets, steady; weather in England, showery. COTTON—Uplands, 5 3-16d. L s e, oLy it oy gy v 3 LOCAL MARKETS. Ewchange and Bullion. * Sterling Exchange, 60 days — $486 Sterling Cables, sight.. . - 4 8815 Sterling Cables . ... — 488 New York Exchange, sight 15 New York Exchange. telegraphic 1714 Silver, per ounce. . % 50% Mexican Dollars, nominal 5 o 3 Wheat and Other Grains. WHEAT—Liverpool futures were higher and Paris futures easy. Chicago opened strong on bullish cables and continued unfavorable weather, both in the Southwest and Northwest. Cash wheat was in general demand. Stocks at Duluth decreased Rains in Kansas caused stop- order selling and a consequent decline. The Ohlo State report gave a crop condition of 74, the same as last month. Complaints from Nebraska increased. Reports from Kansas con- tinued gloomy, and were to the effect that even with rains from now on most of the wheat than seed back. A large Western cxporting house wired that Kan- sas cannot raise one-third, and Kansas, Texas, Oiflahoma and Nebraska combined not over one-half of last year. Continued rains were reported in the Red River Vailey, and through- out the Northwest seeding Is being delayed by rains. The weekly Chicago letter of Bolton, De Ruy- ter & Co. says: ““The market has shown some strength early on the steady cables, but turned weak early and sold off later on reports of showers in Kari- sas. There was considerable pit liquidation of holdings on account of its being Saturday. Northwest stocks are weak about 100,000, and ancther decline in visible is expected Monday. The cash situation remains fairly strong. Any weakness in the market at the moment seems due_entirely to weather conditions and specu- lative influence. So far as the tendency of re- ports concerning the crop generally is concerned it Is getting no better and there Is nothing to indicate that the Government report on the 10th inst. will not lower jts estimate of the conditions.’” In the local market shipping grades were un- changed, but futures were weaker. Spot Wheat — Shipping, $1 1214; $1 13%@1 15 per cental. CALL BOARD SALES. Informal Session—9:15 o'clock—No eales. Second Sesslon—2000 ctls, §$1 11%. Decem- ber—€000, $1 091;; 4000, $1 69%. 3 n:&?{% Morning Session—December—10,000 BARLEY-—The week closed on a very firm market. Some dealers were holding out for $1 for Feed at the close, but no sales at this figure were verified. though there were rumored transactions. Futures showed a material ad- vance. Feed, 974@98%c for No. 1 and 93¢ for off grades; brewing and shipping srades, $1; Chev- alier, §1@1 20. CALL BOARD SALES. Informal Session—9:15 o' clock—December— 2000 ctls, T9c; 2000, 79%c; 20,000, 9%c. Second Session—December—1000 ctls, 79%c. Regular Morning Session—2000 ctls, 94%c; 4000, 95c. December—2000, T9%c. OATS—The reported purchases of the English Government up north are confirmed, 1000 tons having been taken at Victoria for this account. The San Francisco market rules very firm and some dealers are disposed to ask an advance. The Chicago letter of Bolton, De Ruyter & Co. says: “The market is very qulet and the tone 1s rather easy. The weather conditions are generally considered favorable and there is some short selling of next crop futures for this reason. The principal owner of the local stocks of Oats is chartering vescels ont the property. There is probabi: interest et Tor Aoy Gallvery, s ) e shart irays, $1 30@1 40: whites. $1 30@1 45: Sur- prise, $1 40g1 45; biack, $1 1216@1 3234 $1 3001 42% per ctl. e e | CORN_The market m:éthinuu very firm, with slender offerings. The Chicago letter of Bol- ton, De Ruyter & Co. says: i “‘It was a repetition of vesterday's market. Dullness with the bull side giving scalpers and local bears the market. The cash situation is slow in every respect. There has been some slight increase, perhaps In country of- ferings from this State and lTowa, but nothing material Interest is still centered in what the ates party 0. momen{ to be doing nothing. e t they seem Large Yellow, 1; small roun do, $1 4061 50; White,"$1 50G1 00. 3 RYE—Dull at 90@9%c per ctl. BUCKWHEAT—Quoted at $165@175 per etl. milling, Flour and Millstuffs. FLOUR—California Family Extras, $3 509 375, usual terms; Bakers' Extras, $3 103 50 Oregon, $275@3 25 per barrel for family and $3@3 50 tor Bakers'; Washington Bakers', §3@ 50. 3 ILLSTUFFS—Prices n sacks are as fol. 1ows, usual discount to the trade: Graham Flour, $3 per 100 Tbs; Ré‘ Flour, $3; Rye Meal, $276; Rice Flour, $7; Corn Meai, $3 25: extra cream do, $4; Oat ts, §5 25; ‘Hominy, $i@ £25; Buckwheat Flour, Jmm e ‘Wheat, Farina, $450; Whole Wheat Fiour, '$5 25; Rolled Oats (barrels) $7 35@9; in sacks, $685GS 50; Pearl Barley. $550: Spiit Peas, ; Green Peas, §6 50 per 100 lbs. Hay and Feedstuffs, There is nothing new to report. Bran, Mid- Alings and Rolled Barley continue firm,” while Hay {8 easy at the familiar quotations, BRAN—$17 50§18 per ton. MIDDLINGS—$20 50421 50 per ton. FEEDSTUFFS—Rolled Bariey, 32050@21 50 B, Sinogi m-:um:mmm; ton. : o W;TRAW—MW per baie. Beans and Seeds. The shipping demand for Beans continues and the market continues to advance. Complaints of dry weather are coming in from the Lima Bean district down south.. The firmness ia Bayos is enhanced by_slender stocks. Black- eve are very scarce. Whites continues to lead R L B yos, ;. @2 60; large White, $2 60@2 70; Pea, 33 25@ 3 50; Pink, ‘Blackeye, Ki SEBEDS-—Tri o Mo A 10‘;“1’ ; California, 10@10%c; Rape, 1%@ S T 6 e, arn ‘nominal. i gt e Potatoes, Onions and Vegerables. Recelpts of old with a falr d “The quotations on Oregon Onlons . Teely to move | ALASKA CENTRAL RAILWAY COMPAN Organized Under the Laws of the State of “'nh.\nxflfl'. $30,000,000 The substantial chazacter of th the Alaska Central Ratlway is the best n;hn.n:eo of its success. oy are men of the sirictest integrity. of mide. experience and are Tntrosted with nterests Droperty i valued fn the millions They have organized the Alaska Central Raflway Company because conditions de and the building of the road and the earnings mssurs large rewsids. o m;n;ue.;flox. any is capitaiized at $30,000,- 000, or about $40,000 per mile. That faa gonservative capitallzation. It s less than the capitalization of many of the railway compazies in the ® Vaited States. ere are 600, ares, of a par v of $50 per share. gt Of these €00,000 shares 50,000 are pre- terred at 5 per cent par-value. That is 10 say, the earnings of the road will go to the payment of at least 5 per cent divi- dends on the par value of 50,000 preferred shares before any is applied to dividends on_the 550,000 of common stock. geThe Sirectors have set sside the pre- erred stock at a low figure for public sub- seription. e o ‘The procceds will be used solely for the actual bullding of as much as possible of the road and the purchase of roliing stock and equipment. When construction has progressed to the completion of the first five or ten miles, every cent neceasary for the completion of the remalning distance will then be avall- able on long-term bonds at a low rate of interest. EARLY DIVIDENDS ON “PREFERRED" It §s the honest conviction of the oflicers and directors that dividends on the pre- forred stock will be earned from (he (me the flrst twenty miles are buflt. The preferred stack shonld, therefore, quickly go to par and above. There is no valid reason why the Alaska Contral should not be a better dividend earner when it enters the Mount McKinle; Hstriet, 12¥ mfles inland, than the Whits P d Yu kon is to-day, with its stock $460 above par. The permanent resources tributary to the Alaska Centrzl are so far superior iv the resources tritutary to the White Pass and Yukon that comparison is ont of the question. The stock offered for public subseription 18 the 5 per cent preferred, limited to 50,000 shares, thus conferring upon the subscrib- ers every advantage and protection possible. AN ALL-AMERICAN RAILWAY. ‘The purchasers of this preferred stock not only meke a safe, sound investment that will enbance many fold within the next year over the price quoted to them, but will render a patriotic servies by sid- ing the construetion of an all-American railway throngh the best of Alaska—owned and operated by Americans alone. It is the aim and object of the officers and directors of the Alaska Central Rall- way to push work from the start and have part of the track finished this year. SURVEYORS IN THE FIELD. (Tel am. ) “‘SEATTLE, May 2, 1902. —American Guaranty and Trust Co., San Franeiseo: First party of surveyors for Alaska Cen- tral permanent survey leaves on steamer Humboldt to-morrow. “(Signed) J. B. BALLAINE, Sec'y." Four surveying parties will be sent out this summer to make the permanent sur- véy on the route of the temporary survey. Every ‘within the limits of bumaa endeavor will be excrted to the completion of the entire road from Resurrection bay to Rampart without {nterruption of any kind. Tbe high standfug and business ability of the rs and of the Alaska * Central Railway guarantee that every cent will be honestly exj for the promo- tion of the cCompany’s best interests and to the greatest advantage of cvery stock- hoilder. PRICE OF SHARES. Only 10,000 shares of this stock are al- lotted to California. While the right is reserved to advance the without go- tice, the following quotations will hold for a few days: CASH, PER SHARE 00 IN FOUR EQUAL MONTHLY MENTS 550 information Prospectus iving full matled o any ":ddren on applieation to the selling ageuts. The Amerlcan Guaraniy & Trust Co. 821 to 828 Hayward Building, BAN FRANCISCO. drawn as shipments to this market have about ceased. Other descriptions of old Onions were held firm at unchanged prices. Supplies of red were plentiful and green were a drug on the market. Receipts of Asparagus continued light and the market cleaned up well under a brisk local demand at improved prices. Rhubarb was dull and only a4 few special marks brought top prices. Peas and Tomatoes moved off well under a steady inquiry both locally and for shipment on the Oregon steamer. Changes in Los Angeles vegetables were slight. A few pounds of String Beans were received from Winters and #old for 25e per Ib. - POTATOES—New Potatoes, 1%@2%e per ib old, $1 50G1 75 for_Burbanks from the river. Orégon Burbanks, $1 7542 10; Oregon Garnet Chiles, $1 60@1 75; River Reds, $1 30@L 35; Early Rose, for seed. $150@1 65; Oregon Bur- banks, for seed, §1 1 60; Sweets, 2c per 1b for Merced. | ONIONS—Nevadas, $2 75; Australian, $3 25 @3 75, second hands; new Red, 75¢@$1 per sack; Green Onions, 15@30c per box: Silver- skins, 7pe@$l per box. VEGETABLES — Asparagus, extra famey. $2 50 per box, $2@2 25 for No. 1 and $1 50 @1 75 for No. 2; Rhubarb, 46@6Gc per box; ex- tra fancy, 73c@$1; Green Peas, 75c@$1 per sack and 1c per Ib to the canmers; String Beans, from Los Angeles, 10@123c per Ib, in cluding Wax; Cabbege, 50@¢5c per ctl; Los An. geles Tomatoes, $1 262 25 per box and crate; Mexican Tomatoes, $1@1 75 per box for re- packed; Dried Peppers, 10@llc per Ib; Los An- geles do, 13@1734c; Carrots, Thc per sack; Hot- bouse Cucumbers, 36@75¢c per dozen for small and $1@1 25 for large: Garlic, 2@3c: Los An- geles Green Peppers, 12%@15c; Mexican do. 8 @10c: Egg Plant. from Angeles, 15@20c: Summer Squash, from Los Angeles, T5c@$1 50- Marrowfat Squash. $15@20 per ton: Hubbard Squash, $ : Mushrooms, nominal. Poultry and Game. There was very little local Poultry received and the quotations were unchanged. Young stock has been scarce and sold fairly all the week, but old stock has been plentiful and dull, owing to the I receipts of Eastern Hens, which were offering at low prices. Two or three cars of Eastern will be offered to- THorrow: Game cleaned |“2d at unchanged prices, 19 sacks being recelved. POULTHYLive Turkeys, 13@14e or Gob- blers and 15@ite for Heus; Geese. per pair, 20@1 6y; Goslings, $2@2 Ducks, $4 50 for old and $5 50@S for young: Hens, §3 50 5); young Roosters, $6@7 50: old Roosters. $3 75@4; Fryers, $4 50; Brotlers, $3 505 450 for large and for _small; 3 $175 per dozen for old and $1 T5@2 for bs. i O tton s _a or a ray . 5 ‘White Geese, T5c@S1: for saail and 32 for Jarge: Englisn Snipe, & 50 @3; Jack Suipe, §1 50. 3 Buiter, Cheese and Eggs. The commission merchants are packing the Butter as fast as it comes in, and as the dairy- men are ajso packing Hberally stocks are mot uexeudvoumqluvuh::a.thmtm still large. The Exchange advanced its - ‘all around, as follows: Cream: ery, 17%& 15c; dairy, N_Qrug: store, 15e. Large rs for Los Angeles ve appeared and are helping the market considerably. They are for cold storage account. The depression in Cheese continues, stocks being execessive. Eggs continue firm, and though those dealers who have been storing have about ceased a second group has entered the field and is buy- ing for the same account, thus wu-:::;d in storage ball rolling. There will be 2 'am't:m"lua:::a"m' cal s ‘are haye also during the week. The texgmnfvtbc is upward. ts were 47,600 pounds and 133 tubs of Butter, 1308 cases of —— cases of East- mmlw of fornia Cheese o for na TS e ye not discern the signs of tmen " Matthew Svig. . L o0 Oof the The development of the Yich Pacifle Northwest will yleld dollars for the in- vestment of cents; thousands for the in- vestment of hundreds. TACOMA COMPANY STEEL CORPORATION. Organized under the laws of the State of Wasbington. CAPITAL. 8et aside for properties Treasury stock Total . Liabllity to Holder. OFFICERS: President, AENRY HEWITT JR. Vice-President, A. J. HAYWARD. Secretary, EDWARD HOLTON JAMES. rer, W. E. BLIV 2 . J. D. M'INTYRE. Counsel, THOMAS CARROLL. References—Dun’s, Bradstreet's or any Beuk in_Tacoma. COAL AND IRON. The producticn of coal and iron measares the growth of modern eivilization whete. It is easy to predict the fathee of 4 conntry rich in the two minerais, which stand for euergy and strength. The great Northwest has leaped into prominence as the home of the preeious metals, so called. The crowds bave passed unnoticed the tim- bered are; the vast coal measures and iron deposits of Washington and British Columbla for the glittering but elusive prizes locked in the ice and snow of far- away Nome and the Klondike. AIMS OF THE COMPANY. The wants of this growing country are the opportunity of the Tacoma Company. Its plans look to nothing less than meeting the Western demand for iron and steel. The total consumption of iron on the Pacific Coast aiready amounts to over 3000 tons daily. Let us ask what the demand will be five years hence when the popu- lation is more than doubled” and the com- merce of the Pacific ours. At the present time the freight charges on iron from the East, the souree of all of our supplies, is §10,fo $18 per ton. - This single iiem means a clear, additional gain on every ton that the company will manufacture. COAL AND COKE. IRON AND STEEL. The work planned for the Tacoma Com- (p-ny:ly(le l;:‘lOd in a llne:‘lr.:llll bring = at a point on Puget sound already sefected the coal and tron Tound abandat: 1y on its properties. It will mine coal; but marketing coal is Dot the end of the com- pany's business. Its abundant coal sup- plies will be turned into coke; but neitber is the manufacture and sale of coke the end sought. Tae eoke is one step, and only ene, In the process of manafacturing ished fron produets. Ou the one band we control 4 balf-dozen great coal felda. car- rying limitless quantities of the best cok- lllf ecoal and located within thirty-five miles of tide water. And we are in close toueh with the raliroad companies, which insures the lowest transportation rates. Our {ron mines are so fortunately situated that their produets will be carried in chutes to the barges which convey them to the company’s works. Railroads can never bleed us with excessive charges. Our ores and the reduction works sre both located on tide water, and we shall own fhe ships which cenvey the ore te the place of treatment. Our coal properties, ain, are so near the company’s works that a short and Imexpensive electrie line will ‘farnish our own transportation from mine to tide water should the necessity for it arise. FINISHED PRODUCTS THE AIM. We have aiready ore In practically limit- less quantities. The ore, besides being of the highest grade, is self-contained, so far as the operations of the furnaces are toncerned. It contains only traces of sulpbar and is free from titanium. By the addition of a small quantity of hema- tic. fourd abundangly wpon the holdiugs of the company, this ore is self-fluxing. and De quality of ' the tron thus produced. is pronounced by expert authorities equal te fhe Dest Swedish. We shall doubtisss sell pig tron, but ihis, no more thau the sale of coal and coke. is the goal of the great enterprise we are Inaugurating. The pig fron will go to the markets of the world in the sbape of rafls and bars and ‘russes. and all the multifarious forms in which iron s demanded in modern life. MAGNITUDE OF THE PLANS. The Mining Record for April says: “The great scope and fmportance of the Tacoma Company require careful study to be even partially appreciated. The magnitude of the plaus, fast materializing, is bewilder- ing to the ordinary individual, being eom- prehensible only by those who have seen simjlar great metallergical industries ea: ried to successful jssue. “Since the formation of the the securing, through lease and >y them of valusble and extenaive coal, copper_and iron properties bas been of al- most weekly occurrence. Their last two purchases of lron properties in British Colnmbia are valued by the com) at $1.000,000 each, al Dot costing any such figure. At reaent momient it may be safely asserted tbat the Tacoma Company owns the largest iron deposits and most extensive coal felds on the Coast, in addition to valusble producing copper properiies. By congecvative esti- mate _their minersl holdings are worth “'"‘-'m'f‘fi?.‘.’ e of th te " ns of the company con the ereetion at Tacoms of coke oven, blast turnaces, rolling mills, a tinplate faete 234 othee alligd industeial plants. With sieh objects In view this great steel and coke company has secured a very advan- tageons site of 1200 acres, on deep water, icoms. and on the Nothern Pacific Rallroad. They will first ereet 100 coke ovens and construct an initial blast fur- nace having a daily capacity of 300 toms, to be followed later by the blowing in of additional furnaces and multiplication of coke ovens, ercetion of rolling mills, tinplate factory, ete. PRICES AND TERMS. The Tacoma Company has steadily ad- need the priee of its shares the past six weeks from Oc. to the present price of 15e. Sbares are sold on the Installment plan at 18c., in equal monthly payments. PRICES AGAIN ADVANCE. The following telegram explains itself: TACOMA (Wash.). May 2, 1902. American_Guaranty sad Trust Co., San Franelsco: Tacoma Company prices atter May 10th, 20c. cash, 24c. installment. (Stgned) THE TACOMA COMPANY. The prospectus, which we will supply an request, I3 & mine of Mformation fa L:l:l; and wide-awake people enjoy read- it. The American Guaranty and Trust Co, 820-821-822-823 Hayward Building. onds; dairy, 16@18c; store Butter, 14@15¢c per pound. CHERSE—New, 9@10c; old, 9@llc; Young America. 0c; Easte . $@1 per pound. EGGS—Ranch, 18@18%;c for !-ncy'lm” 17%e for falr fo good; atore, 143 per Deciduous and Citrus Fruits. About 325 chests of Strawberries were re- ceived, fand as they were mostly in good con- dition quotations were easily obtaimed. Malindzs in crates stood the same, 265 crates being received. The first Strawberries from Florin appeared. Six crates came in and were offered at §2 per crate, but as came in too late for the regular morning no sales were made. Oranges continued dull, owing to the competi- tion of Berrles. The quotations were un- hanged. Small sizes moved off fairly, but farge sizes were not wanted. Five or six cars wilk e ametioned to-morrow. is no demand for Lemons and supplies of all grades are plentiful. Two boxes of White Cherries came.in from Vacaville, one of which soid for §1 and other for $1 50 per box. Red Cherries from’ Tiver sald for §2. two hoxes belng. received. STRA $S@12. per chest: Malindas, $4@9-per chest and &1.. = 25 per box for $1 1 75 fer to tor G i for fancy: extra famcy. $3 25@3 $1 25@2: Mediterranean 25 or-