The San Francisco Call. Newspaper, May 11, 1902, Page 35

v ’ THE SAN FRANCISCO CALL, SUNDAY, MAY 11, 1902 SUMMARY OF THE MARKETS. r'-an/r clearings gain, as al stocks and bonds dull. at and Barley still quiet. Oats and Corn firm. Rye neglec weak and Feedstuffs firm? st demand for Beans. Oil Hax Butter, Cheese and Eggs unchanged: Vothing new in Dried Fruits. Hides firm, with an active ingu eat market as previously quot Potatoes, Onions and Vegetables unchanged. Poultry and Game quict and featureless. Strawberries and Cherries in larger and Oranges in smaller supply. ver and jom!mg downward. Exchange un[hang:.d usual. 1 stocks more active. ted. Eastern demand all filled. iry. ed. Bank Clearings. clearings during the past week against $23,536,158 during year. Local ba: were $26,606,1: the same week Washington Crop Bulletin. report of G. N. Salisbury, section direc- United States Weather Bureau, for the Washington crop bulletin, week ended May 6, is as follows: “The week was too cool, wet and cloudy for rapid growth of vegetation, but the abund- ent moisture soll, resulting from the coplous showers, will probably prove beneficial to &Ml crops in the end. The temperature was about three degrees below normal on every day except the last two, which were warm, sun- ly most conducive to growth c yet segson. In the western section there were mploui showers on all but e last two Gays of the week while over ern section the total rainfall an inch. progress has been reported for me fields are said to look sickly, no room for discouragement is abundant rain. There severe enough to damage the week, and the pros- avorable for the fruit crop. ing, potato planting and bave been such interrupted y weather. Some early Dt are mot growing much. usually backward one. Weather Report. ian—Pacific Time.) May 10, 1902, 5 p. m. m and minimum tem- m stations in Cali- 7860 T6—54 66—58 96—54 Independence . Los Angeles Diego 10981 30 amg 20wya M *sdonm Cloudy y Cloudy 2888338?-88833385328 Is2s2 AST. pressure hes risen slowly along the coast m Point Conception northward. There is, low area east of the ions ere not favorable for y to pccur Sunday over & e coast. ture continued about normal rnia and conditions are ex- torms are reported at Sait | and Kalispel. High southerly | n Utzh, Wyoming and Western Nevade Forecast made at San Francisco for 30 bours ending midn! ¥ 1902: Cloudy, in thy m the unsettied e foothills; Hteriors freat Cloudy, unsettled showers in the moun- thwest winds. evada—Cloudy, unsettled weather Sunday, pogsibly showere; brick southwest wind Sen Francisco' and vicinity—Cloudy, unset- tled weather Sunday, with fog In the morning; 1 atherly Otficial ————— EASTERN MARKETS. B New York Stock Market. NEW YORK, May 10.—The effect of the strike order of the anthracite mine workers | seemed to kill speculative interest in the stock Prices went lower, in some ly so, but the volume of liquida- tion was trivial and rather less in the coalers than in some other departments of the list. There were some large individual selling or- in Unio: Pacific, St. Paul and & number ent stocks in which a specu- perty has been active recentiy, seem- on the assumption that dividend increases . looked for in those stocks. The me effect on stocks, ,causing strag- light selling.” The opinion e enthracite operators prefer s time, if ome is inevitable, heve it come in the fall. The aken very gravely even now, c effect on the stocks of the The loes of over $6,000,000 compared with estimates kncwn movements of curremcy the banks themselves of about ther vaguely attributed to “lo- he loan conmtraction of a meager result of the | n There is nothing to he much-dicussed position of s may have been siteved for | week's events. arket started off in '.he‘ sed by the suspensfon of | hange houses and the collapse deyer securities, which had been gorous process of manipulation | buying on credit. The string- | et had the inevitable | and fnducing dis- | ass of collateral. | tailed the manipulators found le to support their stocks and idation utter col- sentiment was greatly re- | ence in the soundness of the narket became more general me past. The episode has been | nousecleaning™ in Wall street. There apprehension that the con- 1 #led by this episode and by might have ¥ nothing of the Which have recently been | tive activity and 1y old-estab- which cs, for whick there o account. Stocks of cumulate in the hands tment holdere, either for purposes of poor showing by the benks had | have been | T control or indifference to the market fluctua- tions in the price. This may be either in the confidence that the ultimate value of the pro erty may justify present extravagant pric or in the realization that the marketing of | large holdings would break the price. The small floating supply makes such stocks quickly responsive to a small demand or to manipula- tion, which is practiced in such stocks for the sentimental effect upon the general market. Such stocks are, however, equally sensitive to light liquidation. There are many stocks in the present market which are supposed to be at price levels thus attained. The fact has been often pointed out of late that the volume of credits in the country is greatly expand and feeling on this point was made aAditionally sensitive by the action of the Clearing-house euthorities last week in resolving that outside institutions admitted in future to Clearing- house privileges must make weekly reports for publication of their condition and must main- tain cash reserves in their own vaults equal to those required of Clearing-house members. This was obviously an admonition that the lo- cal trust companies should maintain cash re- serves against the very large collateral loans which they have out, instead of relying upon their cash deposits with the banks, which fig- as cash reserves there also. The nervous- on Monday was thus accounted for. There was extensive calling for loans and throwing out of doubtful collateral. The money rate ‘went to 20 per cent on Monday and 16 per cent on Wednesday. There was much uncertainty as to the extent of the troubles. The Monday market demonstrated, in fact, that there was ample resepve still back of the market and the liquidation was well taken at all points. The consequence was a rather violent recovery on Tuesday and a return of calmness and firm- ness afterward. The shifting uncertainties of the anthracite labor situation were an influence all the week and opposing opinions as to the chances of a strike were strongiy heid all the week. The difficulty of erriving-at a fixed view of the outlook had the ultimate effect of discouraging speculative activity and throwing the market into dullness and neglect. General | conditions were regarded as favorable. The | grain market reflected increased confidence in a favorable outcome for the year's crops. Tie point was made that the drouth in New York to winter wheat had come 5o early as to give ample time for replanting of corn and other crops as a possible offset to the losses in- curred. The continued pressure for deliveries of all grades of iron and steel products was re- rded as evidence of the health of that in- ustry, but the iron and steel stocks on the Stock Exchange were not favorably affected. Conditions are reported to be improved in the copper trade and rallroad earnings continue to reflect 2 high degree of prosperity, notwith- standing the small grain movement. The week's liquidation in stocks has sensibly re- lieved the money situation and the higher rate has attracted credits from interior domestic sources and from foreign money markets, The reply filed by the Northern Securities Company to the Government's suit had a favorable effect, s the contentions made are regarded as strong ones. The bond market has moved In sympathy with stocks over & much narrower range. L, United States 3s and the new 4s declined T cent, as compared with the closing call ast week nv NEW YORK STOCK LIST. Stock— Qpen. High. Low. Close | Atchison .. 9,100 791 5 Atchison pfd 1800 Baltimore & Ohlo.. 8,700 | Balt & Ohlo pfd Canadian_Pacific Canada Southern.. | Ches & Onlo...... Chicago & Alton. . hgo & Alton »fd.. | Ehee, Gna & Louis Chgo, Ind & L ptd Chgo & G Western Chgo & G Chgo Chgo Chego, Del, Lack & West. Denver & Rio Gr.. Den & Rio Gr pfd. Erle .... K ] 3 a 'l 2% 2 Hocking Val pfd Tllinois_Central. Towa Central...... Towa Ceatral pfd.. K C Southern...a. K C Southern pfd. Lake Erie & W.... Lake Erie & W pfd Louisville & Nash. { Minn & St Louis.. Missourl Pacific. Mo, Kane & Texas. Mo, K & Tex pfd.. N : o Norfolk & W pfd. . 22.. 90 Ontario & Western 1,500 34 32% 32% Pennsyivania . 10,800 1501, 1491; 149ig Reading . 44,000 651, B4ly 64N Reading 1st pfd 2,800 84 8315 84 Reading 24 gld 9,600 70 68 6914 St Louis & 700 S L & E§ F 1st ! 100 St Louls Ewestern. St L Swestern pfd. St Paul .. St Paul pfd. | Southern Pacific Southern Railway. Southern Ry pfd. | Texas Pacific.. Tol, St L & West Tol, St L & W ptd. Unfon Pacific Union Pacific pfd. Wabash .. 5 Wabash pfd . Wheel & LE...... Wheel & L E pfd. Wiseonsin Central. ‘Wisconsin Cent pfd Express companies Linseed Ofl ptd Locomotive ... Locomotive pf Am Smelt & Refin. Am Smelt & R pfd ‘Anaconda Min Co.. Brooklyn Rap Tran Colo Fuel & Jron.. Consolidated Gas.. Conptinental Tob bf | General Electric [Am Am )memzuon-l PI«P Internat Paper pfd Internatnl Power.. Lacl Natio National Lead National Salt.. Nationa! Salt pfd.. cpublic qu;ublkz Steel m. T emm ¢ Union Bag & ¥ Co | of | posits were decreased | for the aiminution in deposits. | deducted from 118 . Focking Da; 4gs 114, ICon Tob 4s NEW YORK M(NING BTOCKS. Aduzu Q:n o1 -8 00 <165 . 08 . 20 o 11 Deadwood Ter .20 Horn _Silver ., 80 Iron Silver ..... 73 !Standard ... ... 3 30 Leadville Con BOSTON STOCKS AND BONDS. Money— %Lll loans ......5 me loans . Westinghse' com. Bonds— Miniags 0 -120% Atchison 4s ... 4|Adventure Gas 1sts ........ 9415(Allouez ... . Mexican Cen 4s.. 82 (Amalgamated « N E Gas & Coke. 57 |Bingham .. Railroads— Calumet & Hecla. 550 Atchison (Copper Range 58 Do ptd Dominton Coal . .135 Boston & Al Franklin ... NYNH Fitchburg prd Union Pacific Mexican Centrai. AT 1E e aa r_Te el Dom Iron & Steel. 66% Genera] Electric. Mass Electric . Do pta ... V1 N B Gas & Coke. R‘fi United Fruit ....107l LONDON CLOSING STOCKS. Con for money. 95 3-1 Con for account 95 5-11 Anaconda L2 255 Pt 1003 o pf . ‘ennsylvania Balt & OBl 10%(Reading ... Canadian Pacific: 13043 Do lst ord Ches & Ohlo ... 48%| Do 24 pfd Chicago G W.... 81% Chi M & St Paul 174%] Do ptd .. Denver & R G Southern Pac! 4(Union Pacific 60 Bar silver, quiet, 23 7-16d per ounce. Money, 2@2% per cent. The rate of discount in the open market for short bills Is 2% per cent. The rate of discount in the open market for three months’ bills is 2% per cent. Associated Banks’ Statement. NBW YORK, May 10.—The statement of the Associated Banks for the week ending to-day show Loans, $901.938,000; decrease, §2,224,500. De- posits, ,235,600; decrease, $7,854,000. Cir- culation, $31. tenders, '$73,029,500; 'decrease, $2.651.500. gl $170.490,400; decrease. $3,300 0. Baserve, $243,818,000; decrease, $6,011, q‘ulred '$210,058, BOO dm-n. 81038.500 Eur- plus, $3,461,000; decrease, The Financier this "ek says: The utflclll statement of the New York Associated Banks last week showed a loss of $6,011,500 in cash. In the previous week the banks gained $1,433,- 700. Hence there was 2 net loss in the fort- night of $4,577,800. The estimates of cash | changes, tised umon the traceable movements money last week, inlicated a loss by the barks of $2,027,600, while the estimates for the previous ‘week showed a.loss of $5.071,800, making for the fortnight a total estlmhted loss of $4,620,400, which améunt closely responds with the actual net loss for the fort- night shown by the officlal statement. The loans decreased last week $2,224,500, reflecting Spe- | the liquidation which resulted from the call- | ing in of loans by banks in consequence of the unsettled monetary conditions. The de- 954,000, and_consider- ing the fact that cash was reduced by within 1,042,600 of this amount, it would appear that the Joss of cash was largely responsible The decrease of loans and cash together amounted to $8,- 236,000, or only §252,000 greater than the re- duction in deposits; Ihe statement in this re- spect, therefore, is h. onfous. The required Teserve was reduced §1,988,500, which amount, the decrease of cash, leaves $4,023,000 as the loss in surplus reserve, This item now stands at $3,461,000, against $8,127,- 475 on the corresponding date last vear, in which week it will be remembered the May panic occurred. Tt is expected that there wiil this week be large receipts by the banks of money resulting from the payment to New York merchants of maturing obligations. Com- parisons of changes by individual banks show that seven downtown imstitutfons decreased loans by $1,000,000 net. The changes In speole by the seven banks indicated a net loss of $4,500,000. The bank clearings for the week were about $1,000,000,000 less than the pre: | vious week. London Market. NEW YORK, May 10.—The Commercial Ad- vertiser's London financial cablegram say; Stocks were idle but steady to-day with the exception of Americans, which opened with a fair tendency, but finished heavy and at the lowest on the ectlon of the coal miners, fears of & poor statement by the New York Associ- ated Banks and an unfavorable crop report. Louisville and Nashville was the weakest stock and Canadian Pacific relapsed to 13015, carried_down by the decline of American is. sues. Rio Tintos advanced 3% to 448, Sllver was weak at 238 7-16d an ounce. Condition of the Treasury. WASHINGTON, May 10—To-day's state- ment of the Treasury balances in the general fund, exclusive of the $150,000,000 gold re- rvé in the division of redemption. Shows: :n.%asb le cash balance, $187,684, & d, $97,- 7 ¥ AT i s ey ] New York Grain and Produce. o o e s § NEW. YORK, May 10.—FLOUR—Receipts, 10,100 barrels; exports, 12,420 barrels. Mod- erately active and steady. Winter patents, $3 85@4 05; winter straights, $3 75@3 90; Minneapolls, $3 95@4 10; winter extras, $3 10 @3 85; Minnesota bakers', 80; winter low grades, §2 900 “HEAT~R¢¢:INI 136,560 bushels; exports, 221,263 bushels. Spot, fitm. No. 2 red, Slc elevator; No. 2 red, 8%c f. afloat! No. 2 Northern Duluth,’ 83 1 Northern Duluth, 83 afioat 1 hard Manitoba, 87%¢c f. o. b. afioat. Considering the narrow trade a. aa- vance tock place in wheat this moring. etima: lated by higher Engiieh cables, cold, wet weather in the Northwest and a bullhh cash wheat situation. The close was very firm 1,*@ c net advance. May, 80 -lml*Q 81yc; July, 80%@8ic, Sioved 8lo; Eep- temper, T 0%, o coua 19%c; December, 80 b5 HOP IQ( Stlle eomm.n to chote 11 crop, 10g2ie; 1000 crop & Const: 13@15c; 1oo1" crop, Thikaive; 1000 cro, 13@15c; old, HlDES——mrm Galveston, 18c; California, 2 025 unds, 19c; Texas 13c. . Domestic fl-e«, m. mnzpmluru closed unchanged 5 points higher. Total sales B e bags, tnnma_ ing: Septem 30¢;_Octol November, 40, March, 5. — al; :1" 7 involce, T%e; mild, quiet; Cor dvv-. —Raw, firm; steady, " g1t 1606 confeetioners 5 - mold A, oose ’ ut Anat, 3& :(:wflered 80c; granulated, 4.10c; o """“" DRIED FRUITS. There is little change in the evaporated sttuntion, The tone of the MATKer hoids nom. with exporters falr. ~State common prime, 9%@9%c; chofce, = 9! 15M~ .(f::y. 10% @11c. s e Union Bag & P prd g U § Leather. . "”fl S Leather pfd.. 88 -« 161 16y o8 B8y ua Fith ol 1% 2" a1y 4 ha) Peaches icots et “‘,,“{.;,‘3.,.2“,"@ tha tone e 52 |5 75_@ Armon—m 10%@14c; bags, 10%@ nPEACHES—PeIIM, 14@16c; unpeeled, 8%4@ Foreign Futures. July. Sent. 6 Xu 838 8 1 6 8 Sept. Sept.-Dec. 21 85 20 30 21 80 20 40 26 60 26 20 26 60 26 20 Chicago Grain Market. —_——— % CHICAGO, May 10.—Wheat showed good strength all through the sessicn. Unseasonably cold weather Northwest with rains in many sections and snows reported in the Red River Valley, firm cables, small receipts and pros- pects of & falr decline in the Government crop report started prices higher at the opening. Shorts covered freely but the principal factor was the absence of selling pressure, which ; showed a marked change in the sentiment of the pit. Commission houses bought to some extent, but in the main the pit was very quiet, walting for the Government report, which had been delayed. There was & fair cash business and shipping trade and July, which opened %2 Yo up at TAR@TOC, sold to Tbic. annpau- reported such a scarcity in the Northwest that interior~ millers were buying stuft to take to their mills. All told, the tone of the plt was more bullish, largely be- cause of the weather, which is much too wet for further cpring seeding. Late liquidatio took off some of the gain, but July closed firm, %@ t4e higher at TSR@T5Yc. Corn was firm during the course of its rather dull trading. July closed %c up at 61%c. '\ Eood shsh demand and searelty of ofter- ings developed a better tone and a fair irade in oats. July closed firm %o up at 87c. Provisions lost much of the strength that marked xeuerday" strong market, als liquidated liberally and the outside also sold to rome extent. July pork closed 12%c down, lard 7ic lower, and ribs 10c down. The Jeading futures ranged as follows: Artidles— Open. High. Low. Close. ‘Wheat No. 2— 75 T4% T4 /7% T% 15 % T4 6% A 81% 613 60% Go% 433 43 4315 BE Fas s 3T 36 37 20% 29 20% Sept. (new). 381% 313 81 31l Mess Pork, per barrel— May 17T 2T% 17275, 1720 1720 July 745 1750 17 2% 17 30 September .17 471 17 50 25 2714 Lard, per 100 pounds— 1025 1025 5 3235 m a.v, 1025 1025 September i % 10 2735 .10 2735 Short Rlb!‘ Mr 100 POllnd!— ey 9% 970 ~ 965 pes 370 i B 6215 9 6215 September 11970 9721 965 965 Cash quotations were as follows: Flour, steady; winter patents, $3 90@4; straights, 53 : clears, $3@3 60; spring specials, $4 20G4 30; patents, $3 3 80; straights, $2 90@3 30; No. 2 spring wheat, T5%@76%0: No. 3 spring wheat, 73q73c; No. 2 yellow 43:)(:‘ No. 2 write fair to choice malting, Rete: Moo 1 flaxsced, $1 64; No. 1 North- western flaxseed, $1 77; prime timothy sced, Iserdao mess pork, ver barrel, §17 25@17 30; a sides flome) $0 60@9 70: dry salted shoulders 8@81ic: short clear. sides ~(boxed), 8750010 whisky, basls of high wines, $1 40; clover, contract grade, §8 35. Articles— Flour, barrels ‘Wheat, bushels Receipts. Shipments, . 15,000 5,000 Corn, bushels. 05 Oats, bushels. 185 Rye, bushels. 2,000 & Barley, bushels - 19,000 1,000 On the Produce Exchange to-day the Butter market was firmer. Creameries, 18@22c; dai- ries, 17@20c; Cheese, easy, 12917. [Tigss, easy, fresh, 14%c. Eastern Lwestocl’ Market " "May Good to prime steers, $6 S0Q 7 40: poor to medium, $5@6 75; stockers and 75@5 35; cows, $1 50@6; heifers, canners, $130@2 40; bulls, $2 50@ $2@6; Texas fed steers, $5 25 OGS —Recelpta to- day. 12,000; Monday, 28,- 000; left over, 3000; market sirong to S hether, Mixed and ‘butchers, $6 95@7 30 J50ed s cheige heavy, $7 30@7 40; rough h 735 Tight, $6 75@7 10; bulk of sales, $107 25, SHEEP--Receipts, market for sheep, Good to choice twethers, and lambs steady. 5 75@6 15; fair to cholce, £5 25@7 T5; West: 6 40; calves, n sheep, '$5 25@6 15; native lambs, $5@6; | ;Veslenx Tembs, 50; wooled Colorados, ST. JOSEPH. ST. JOEEPH, Mo., May lO—CAT‘l‘LE—-Re- ceipts, 50. Nominal, ~_ Natives, $5 25@7 25; cows ‘and heifers, $1 50@3 50; veal: 6; stockers and feeders, $2 HO@S 50y HOGS—Receipts. 5600; steady. Light and lght mixed, $7@7 2213: medium and heavy, 7 10@7 35; pigs, $1G5 25. SHEEP— Receipts, none. New York Metal Market. NEW YORK. May 10.—To-day’s market for all metals was quiet, with prices, about unchanged. Tin sold in a jobbing way at $20 75@29 85 for spot delivery. Copper sold moderately at the following values: Standard N $11.50; electrolgtic, 811, T0m11 §5; castings, 411 6o@11 75. Lead wed unchanged at 4ic. | Spelter was quoted at $4 40. Iron was quiet and steady. Exports and Imports. " NEW YORK, Hlm—flxpflfls of specie from this port to all countries for this week aggregate $526,685 silver and $2750 gold. Tmports of specie this week were $2082 gold | d $12,964 silver. O borts of dry Evods and merchandise at the port of New York for this week were llO.?Sfl,-A&. London Wool Sales. LONDON, May 10.—The offerings at the wool auction sales to-day numbered 13,0676 bales. Competition was active and prices were firm. Medium and finc crossbreds ruled 10 per cent above the March® average price and 00d combing_merinos advanced 10 per cent. ‘ape of Good Hope and Natal scoured were one penny higher. America bought a few good greasy Victorian and some medium crossbreds. New York Cotton Market. NEW YORK, Mav 10.—Tha cotton market opened and closed unchanged. Northern Business. TLAND, Or. May 10—Clearings, $303,- 914; belaricse, “‘.'y 10.—Clearings, $483,620; bné;noeel. "u May 10.—Clearings, $286,112; ! 59,256, DR A bag 10.~Clearings, $162,100; bal- 00 ances, Northern Wheat Market. OREGON. PORTLAND, May 10— WHEAT-Waua blue stem, 67c. Walla, 66c; b NGTON. 'ACOMA, May 10.—WHBAT—Steady; blue ite'm, 864 elllb 65%4c. Fnrngn ign Markets. LONDON, May lO—Conloll 955-16. Sflver, 237-164. French rentes, 101f 15. Cargoes on passage, buyers mammnz openlon, cargoes tandard California, 30s 101d; English g:m% 'mrkm firm; !ndun m eiits wheat to U, rfi aj ers. LIVE May 10, —wm:n-scauy No. 1 Standard California, o 4laqes ba: wheat in Paris, dull: flour L dull: nch country markets, qulet. ngland, cloudy. COTTON—Uplands, 574a. ————— her in LOCAL MARKETS. % E.fl'hang& and Bullion. Silver 15 off again and predictions of stil] Jower quotations are freely made. The mar- Ket s very low in China, us that country is indemnity of ver mum and Mexi- dollars are belng B"aexie B Curdesol "Which r 100 pounds, $10 25@10 830; short ribs | ~however, | | | | Oregon, | s3@3 50 for Bakers': Washington Bakers, $3@ | &% fon | and le \per 1b to the canners Girden ! tes, 5@6c_per Ib, 7th, ha /000. The outlook for Sil- e e R Wheat and Other Gmm: WHEAT—uvmual futures were firm, but Parls futures showed little change. Chicago was somewhat higher on light re- celpts and unfavorable weather in the North- ‘west. The Government report was postponed to Monday. Continued wet Wweather was pre- dicted {n the Northwest. There were heavy snows in Northern Minnesota, and the storm 'was general over the Red River Valley, delay- ing seeding several days lomger. It is now seen that the seeding area in that region will be materially reduced. A wire from Kansas City said that Barton Cuunly. Kans., reports that they will not get over 20 or 25 per cent of a crop in that section, and perhaps not even that. Broomhall reported from Liverpool that the weather was again cold, and predictsd & large decrease in stock: The weekly cmc-go letter of Bolton, De Ruy- ter & Co. sald ““Market here was quiet but firm. Map showad clear weather throughout the winter ‘wheat belt, but further rains in the Norti where seeding has already been delayed thm- from. Snow estimates that the Government will show a condition of about 75 on Monday. Not much activity reported in cash trade. Visible supply is expected to show a considerable de- crease as well as the amount on passage. It is quite likely that whatever condition the growing report shows, the trade will conclude that there has been 'an improvement in the STOp position since the Information on which * is complled ‘was made up.’ In this market futures were higher, but spot \rice. were unchanged. nent—shippln(, $1 12%; milling, 51 wxcl 15 per cental. CALL BOARD SALES. Informal Session—9:15 o'clock—December— 16,000 ctls, M 103, Second Session—No sales. Regular Morning Session—December—14,000 ctis, $1 103 16,000, $1 10%. BARLEY—Dullness still prevalls in this mar- ket, except on call, where speculation has been liveller for a day or two. Quotations for cash grain remain unchanged. "Feod 1% @08%e for alu L and 9500 "¢ for off grades; brewing and shippi ac e $1; Chevaller, $1G1 20, sk ! CALL BOARD SALES. 5. Informal Session—9:15 o'clock—Deceniier— 2000 ctls, 813c. Second’ Session—-May—2000 ctls, 9635, Regular Morning Session—No sales. OATS—Chicago reported a strong market, Wwith good buying by commission houses. The letter of Bolton, De Ruyter & Co. said: “‘Market was' steady and rather firm. There was some advance in the May option which partly represents the cash demand and partly a_short interest covering. General conditions of the growing crop seem on the whole favor- This market wls fenturele Grays, $1 323 $1 32u.@1 45; | surprise, 81 4061 46 etk S 2001 S0 $1 50@1 421 per c CORN—Chicago vsu firm on bad weather in the Northwest and absence of selling orders. Bolton, De Ruyter & Co.’s letter said: ‘“Market showed some strength early on cov- ering of shorts. The advance was mainly lost, however, toward the close. No change in con- ditions of supply and demand. Movement from country is small and demand from this mar- | | ket slow. Pending some movement on the part | of large holders speculative operations are on a small scale and featureless.”” This market continues chiefly in the hands of one holder, who is very firm in his views. Quoutlona are llnchkflsed Yelloy 14715 o ,, 101 50, Whne“ficm% small round RYE—90@95¢c per ctl. BUCKWHEAT—Nominal Flour and Millstuffs. FLOUR—California iiy Extras, 3 75, usual terms; Bakers' Extras, §3 3003 50; 2 75@3 25 per barrel for family and MILLSTUFFS—Prices in sacks are as fol. lows, “usual discount to the trade: . Crahon Flour, §8 per 100 Ibs; Rye Flour, $3; Rye Meal, $2 75; Rice Flour, $7; Corn Meal, $3 55: extra cream do, §4; Oat Groats, §525 4 25; Buckwheat Flour, $i 50G4 7 \heat, $3 60; Farina, '$4 50; Wh %bgng‘l)ed Gits (bar rels), §7 w ;. Pearl rley, $5 50; S} $5°50; Green Peas, $6 50 per 100 jpo’ " Hay and Feedstuffs. There is nothing new In this market, stuffs are firm and Hay is weak. “ Govermment bids" were opened ow Friday at Seattle for 4000 tons of hay for Philippine ac~ count. BRAN—S17@18 50 per ton. P’rnmn FEED! arley, 21@21 r ton; Of ake Medl at the mm s.bvzs Feed- ng, 555 50G21; Cocoanut Cake, ‘$20G21; Meal, 8, Cracked Corn, S0 Mixed Feed, §:6@17; Cottonseed Mell $26 50, HAY—Wheat, 9%1 50; B0@11; Oat, $8@: 33:, $7@9; Volunteer, § per ton. STRAW—40@65¢ per bale. Beans and Seeds. ‘Wheat d O« Altalte. ssgil; Clo: 50@8 Stock, $6@8 A slight advance In several kinds of colored Beans fs noted. The market is firm. There is a continued demand for Coast account, but the Eastern demand has ceased. Stocks in dealers' ‘hands are light. BEANS—Bayos, $3G3 15: @260 larse hite, $2 502 $50: Pimk. §2 1003 30; Red, ackey $475@5; Limas, S5 60@3 70; Red !\Idneys 55 @3 75 per cental. SEEDS—Trieste Mustard, $2 5062 low Musiard, 3572605 007 Fiax, 55 S50 toc for Lastern; Amun. from Utah, whfim%c, Cnll(nmla 10@ %c; Rape, 1%@ ;gc. emn, )g' b. A S Niles, 81 60Q2; Green, $1 50 @z Eianutve, mominel small White, $2 50 s 88 spot to August delivery, £11 15811 50; lake, | Potatoes, Onions and Vegetables. There was no change in old Potatoes. Sup- plies of river Burbanks were lght and prices were sustained. The Oregon steamer arrived with about 5000 sacks, but there was very little business dore on the wharf. Seed Burbanks of desirable size were reported steady, but small | stock was mot wanted. What is probably the last shipment of Onions from Oregon arrived on the steamer yesterday. | Two hundred and seventy sacks were.received, but no sales were reported. Outside of a lim~ ited demand for shipping there was very little ymovement in Austraiian, as the new red are used to Nl the local demand. Asparagus was higher, as receipts wers lighter than on the previous day, and being Saturday the demand was more brisk. The usual quantity of Rhubarb was received and | this description was dull. Changes in other vegetables were slight. OTATOES—New Potatoes, 22 SR o!g‘ $1 P01 75 for sBUTBATKE rom tne’ evacs Oregon Burbanks, $1 90@2 15: Oregon Garnet Chiles, §1 501 65: River Reds, 51 30@1 50; Early Rose, for seed. $1 65@1 75. Oregon Bur banks, for seed, §165@175; Sweets,a$2 25 for erced. ONIONS — Australian, 83 50@3 75, second -mu- new red, 85c@$1 per sack; Silverskins, %G‘ per box. ETABLES — Asparagus, extra fancy, $2G2 25 per box. $1 50@1 85 for No. 1 and $i P No. ;. Rhubarb, Jogose e Ber box; ex- @31; Green er sack eas, §1 25 per sack; String Beans, from Los Ange- including Wax; from Vaca- \ifie, G@10c; Cabbage, 50@eSe per etl: Los Angeles Tomatoes, $1 25 per box and crate; Mexican Tomatoes, $1 20@1 75 per box for revacked; Dried Peppers, 10@1lc per Ib; Los Angeles do, 13@17lsc; Carrots, 75c per sack; Hothouse Cucumbers, 40G75¢ per dozen for small and $1@1 25 for iarge; Garlic, 2@3c; Los Angeles Green Peppers, 12%@15c; Maxi- can do, 8@l0c: kgg Planc, from Los Angeles, 10@15c; Summer Squash,’ from Los Angeles $1@1 50; Marrowfat Squash, $15@20 per ton; Hubbard Squash, Poultry and Game. Receipts of local Poultry were only 19 coops and prices for all descriptions were unchanged. Fryers and young Roosters continued firm under & )tudy inquiry. Small Brollers were tra_fanc @l neglected And. there were 3 great many left on hand #t the close.® One car of Eastern is c: for to-morrow's market. en eacks of Game were recelved and blPOU e {—laivofa'l;nrkz l‘c 'G? Gob- lers & R LT B ;‘fi o an i y Hnn:t l%: old Rmmn, ers, Broflers, $3 5 % ers, and $1 2 50 for lmlll lnolu $1 1502 per dozen for old and $1 ‘lm Squabs. GAME—Hare, $1 "-g ll. ‘l 50 for Cot- tontails and $1 for English _Snipe, $3; Jeck Snipe, $1 50. Butter, Cheese and Eggs. - Butter and Cheese continue in liberal gup- ply and unchanged. Packing keeps the former tmmmfir‘mflmfimemm slon houtes. Los Angeles would buy Iiberal quantities of both Butter market, but is not willing to pay market rates, 5o does’ not. g ‘Eggs show no further decline. Receipts have bens Seeadily talling off for a week Or ton duvi from here back uwwflht to thet stoke hich salled on were 71,400 Ibut buying for cold storage has also decreased, s0 one condition about offsets the other and the turning her lll'\s‘er into gold to pay off her war | net umdluon of the market remains about the samie. Some dealers are weak and others m:mnflm i $3 508 | 2nd Cheese on this |- tubs of Butter, 1280 cases of Eggs, — cases of fi'fxe Eggs, 6800 pounds of California Cheese and — Bagnde_of Oreyun lur “D— , 20¢ pe 183%@19¢ for lnl nfl l dhdl. dairy, 16@18%c; store Butter, umo« ESE—No 10c; old, 9@llc; Young "hop?;m i5c per America, 8@10c; pound. cntc 2 EGGS- Ran 18%¢ for nncy and - 16@ 17%e for fair to ; store, 15@16c per dozen. Deciduous and Citrus Fruits. Strawberries were In free supply and met with a steady demand at good prices. The re- ceipts of crates were large, those from Florin being rather green and the Watsonville over- ripe. Recelpts of Cherries are steadily increasing. 776 boxes came'in and only some special brands brought the top quotation. Stocks of Oranges are slowly decreasing and prices for all descriptions remain as previously quoted. Two cars will be auctioned to-morrow. Thers was no mnoticeable change in the otber rul STRAWBERRIES—$6@9 per chest for Long- worths and $4 50@6 for Malindas; Crates, from Watsonville, 75¢@$1; from Florin, $1@1 25. APPLES_$1@2 50 per box, according to quality; from Australia, $1 50@2 50 per box. CHERRIES—White, ~50@76c _per drawer; Bl 75c@$1 50 per box and drawer. US FRUITS—Navel Oranges, & 75 for standard, $1@2 25 for cholce and S‘m for xtra fancy, $3 25@3 40; “V" $1 Modicersaneen Frasetn $192 50; Va- Iencias, 2 50@3; Malta Blood Oranges, w @2 50; Tangerines, in quarter boxes, 75c and $1 25@1 50 in half boxes; Lemons, 1 for, common and §1 25@1 75 for m o choice $2 t, and for_tancy: Mexican Limes, 50; W Der bunch for New Orleans and $1 7 or Ha- walian; Pineapples, $3@4 per Dried Fruits, Nuts dnd Raisins. There Is nothing new to report. Further news from the Prune and Pear blight has been recelved, but it may not prove as serious as teared a few days ago. Much damage has un- doubtedly been done, however, and both crops will be lighter than expected. FRUITS—Apricots, 9@10c for Royals and 10 @13c for standard to fancy Moorparks Erapor- ated Apples, S@0c; sun dried, 5@53jc; Peach 61,@8%c; Pears, ‘6@0c; Plnm-. pitted, m unpitted, 1%@2%¢; Nectarines, @6c for red and 5%@6c for white; figs, 3%04 ¢ for black and 5%@te for white. FRUNES_1001 czop are quoted as follows: crown, 6 Sio: Loose Muscatels, 6% for Lemowa m‘: for seedless; 3-crown, 6c; uc B 1es Sattgnas, 5l for unbleached Snd »8%::“!: i ached. ' Clusters—Imperials, _§3; Dehesa, M. Fancy, $1 50; London Layers, $1 25@1 NU'rs—wnnuu. No. 1 softshell, 1134e; N 32, 6%@T%e; No. 1 hardshell, Sc; Na. 3, 7:. Almonds, 10%@12c for papershell, 9@10¢ for hell and 6@7c for hardshell; Peanuts, ot o Eastern: Brasil Nuts. L2eiztie; g berts, 12@12%c; Pecans, 11@13c; Cocoanuts, $3_50@5. HONEY—Comb, 11@126 for bright and for light amber; water white extn.cted',m s ; light amber e 4@4%c; da 4 SetWaX ez per i SR Provisions. Chicago was lower on the day. The packers were bullish on small receipts of Hogs and light packing. The cash demand was fair. There was some realizing by local longs. The weekly letter of Bolton, De Ruyter & Co. said: “‘Market is easier, 714@12% lower. There was a rather strong opening, but it was met by profit-taking sales by local holders and the closing was rather soft.” Receipts of hogs were 35,000, against 33,000 last year. Some increases in' movement seems generally expected in the near future. Cash demand continues moder- ately fair.’ This market remains as already stated, | dealers selling at the top and others at the bu(- tom quotations. 'URED MEATS—Bacon, 12“ 1435c for lmu 15 for extra light and 16@17c for sugar-cured: helvy. 13%c for light mediam, Eastern sugar-cured Hams, 14 c;mon Fia, Hams, Ligtic; fl’.. bbl; extra Me: 0610 50, lelly. 3o 11 50; pflml‘ Mess Porkv $15 50916; extra cl:u- 23; 50311 m’ i i pie é'&rcx $25; Pigs’ Feet, $1 78; Smoke: Beet, A RD- Terces quoted at %@ c per Ib for compound and 12@12'%3¢ for pure; haif-barrels, yure, 124@12%c; 10-1b tins, l2'§613~: 5-15 Yine, 1266 @13%c; 3-1b tins, 128,@13) COTTOLENEOne halt’ barrer 10% c: three | nait-varrels, 10%c; one tierce, 10%q; two tierces, 10%ec: five tierces, 10%c’ per Hides, Talla'w, Wool and Hops. The private circular of W. B. Summer & Co. says: ‘‘There is a better demand and a general improvement in the Hide market. Prices have advanced and there Is every in- dication that present conditions and prices will be maintained. Horse Hides are much sought after, and will probably continue in demand for some time. Goat Skins sell readily. are in_good demand, particularly Mink.” HIDES AND SKINS—Culls and brands he it about 1%c under quotations. Heavy Steers, 10%@1lc; medium, 9%@10c; ugm so 9c: Cow Hides, 0c for héavy and 8%@0c for light: Stags, 6%@7c; Salted Kip, Sia@ve: HeRty Vemi 0@0%c: Salted Cat, 100, Gocs Hides, 15G16%c: Culls, 14@15c; Dry Kip, 11@ 136 Dry Calf. 16@18c; Culls and Brands, 150 16c; Sheepskins, sheariings, 20@30c each; short . 10@6Uc each: medium, 65@75c; long Wool, S0c@$1 20 each; Horse Hides, sait, $2 75 @3 for large and $2'25@2 50 for medium, $2 for small and 50c for Colts; Horse Hides, dry, 75 for large, $1 50 for medium, $1@1 25 for | small ana_Sve for Coits. Buck Skins—Dry Mexfean, 32%c; dry salted Mexican, 23c: dry Central rican, 32%ec. Angoras, Toc; large and smooth, 50c; medium, ALLOW—No, 1 rendered, 5%@8e per Ib; 2 114@5c; grease, 215@3 T SpringNorthern. fres, 14g16c; do, @1ic: Middle County free, 13@1bc: e, 12@13¢c; Southern, 12 months, 9@ 7 months, 9@1lc; Foothili, 11@13e, | HOP! good to cholce. San Francisco Meat Market. Previous prices rule for ail descriptions under this head. Hogs are easy, Beef barely steady and Mutton and Lamb weak with increasing lies. gt DRESSED MEATS. Wholesale rates irom slaushterers to dealers | are as follow ® BEE!‘——‘I@"'AC for Steers and 6%@7c per Ib for Co v LAL—LI UTT i rge, 7 7@8c; small, SG9c per —Wethers, ;;gcs%c, E-u, .xo b LAMB-—Spring Lamps, 9@10%c per 1b. PORK—Dressed Hofls, 714@9%e per Ib. LIVESTOCK MARKET. The following qucuunn- are for good sound Iivestock delivered at San Francisco, less 50 per ~em shrinkage for cattle: TTLE—Steers, §: Cm and Heifers, .@7‘f thin Cows, B8 5@35e per Ib i Taross weight). HEEP—Wethers, 1@4%c; Ewes, © Wiy 3@3%c per sc B ( m'Bl b uckling $250@2 715 | head or r %G5 per 1o b yearlings, § | c “uy’oes—l.ne Hoss, 200 Ibs and under, 6%ec: 200 Ilbs and over, s@am, feeders, | 63c; sows, 20 per cent off; 50 per cemt off, und stags, 40 per cent off from the above quotations. General Mzrchandfif. BAGS—Grain Bags, J\lne and July, 6c; San Quentin, 5.55c; Wool Bags., 32@35¢; Fleece Twine, Ti@Sc. COAL—Wellington, Wellington, $9; h‘lled and 66¢ for raw, Efin ‘;l‘“"b".:;‘lm hn;l na @68c per L g".mn-, Coarse, Granulated onrec Barfdls or its equivaient. Receipts of Produce. SATURDAY, MAY 10, Goat Skins—Prime | AUCTION SALES S AUCTION SALE 2a —OF— STANDARD BRED '3;%) GENERAL PUR- H ORSES In the Syburbs of Sacramento, om THURSDAY, May 15, 1902 And Continuing on Succeeding Days Until All Are Sold. Sale Commences at 10:30 a. m. each day. Terms Cash. : Write to JOHN MACKEY, Supt.. for cata- FRED H. CHASE and W. H. HORD, Livestock Auctioneers. AUCTION SALE oY 2 — AT — L. A. RICHARDS' RANCH (the home of the great producing sire Richards’ Elector), 2 miles west of Grayson, THURSDAY, May 15, at 10 o'clock a. m., I will sell 60 head of well-bred horses, 40 head of work mules, also stationary Threshing Outfit. Terms Cash or Approved Notes. L. A. RICHARDS. £ 800 HORSES 1, WILL BE SOLD AT 1140 FOLSOM STREET. Carload EVERY TUESDAY until soid. These horses are from the Plilis grant, and are all broke and gentle, and weigh from 900 to 1400 pounds. Sale commences NEXT TUESDAY, May 13. Also a choice lot of camp, peddling and express wagons, bugsies, carts and harness. ) A CARLOAD OF CHEAP YOUNG HOII‘I:& Suftable for express, bakery and consigned by Christie Ranch, su:run-: FRED H. CHASE & CO., 1732 Market st. AUCTION sm of 150 head Middiings, ks OREGON. Flour, qr sks....10,312{Potatoes, <R Oats, ctls . 1,900 Middlings, -h 13 * STOCK MARKET. S S S = Yesterday was the dullest day in a loog time in local stocks and bonds. and prices showed no change worthy of note. The oil stocks, on the contrary, were unusually active for Saturday, as will be seen by the list of sales, and Sovereign advanced to 37c. Stocks ex-dividend were Giafit Powder, or $15,000; California Wine, 60c, or $26,02: Four Ofl will pay a dividend of lc, or $i on the 15th. It is reported that the Unitgd Railroads In- vestment Company will increase its capital stock from $2,500,000 to $25,000,000, and will issue this in lieu of the stock of the United Railroads_Company, which amounts to $i0.- de, 000,000.. There will be $15,000,000 in preferred | and $10,000,000 in common stock sold, at 60 and $20 per share, respectively, and bonds cover cost of road with outstanding contracts, Isaving about $1.400,000 for Brown B: of Ne‘l' York, who financed the street railroad Sales on the Oil Exchange last week wore 63,876 shares, valued at $50,615, the le-fllnx lows: Inde sales being as foll pendenc: Shares; Oceidental, . 22.200; ' Petroleum. Cent .~ 4120; Sovereizn, 2050: rock, 3000: Steri- ing. 21,600. The following quotations for the United Rail- roads of San Francisco were received yester- day from New York by solwn. De Ruyter & l;o, Co:‘l’mgn stock, n:o mu - % §; preferred, 60@60. 3¢ gent bon ; subscrf tions, $101 50@102 25. i The Sopring Valley Water Company has de- clared the regular monthly dividend of 42 cents per share, payable May 20. STOCK AND BOND EXCHANGE. SATURDAY, May 10—12 m, UNITED STATES BONDS. Bid. Ask. s qr coup-.- 1114113 4s ar reg....111%112 Ala A W Bs. Bay CPC 5s. msmus’« Omnibus € C G&E 5.105 105% Pac G Im ds. 9715 — Cal-st 58. 19 Oc S8 Co 5s. wl',wo 51 € Costa 5s...110% — Pk & OR 6s. — 1 EdL&P6s. — — |PwlstR 6s. — FeréC H6s. — 133 iSac EOR e 102151027 Geary-st 5s. — ISF & STVSs.120%312115 H c&s m,,ams — n.;n Cal 6s.116 — 5s. ISP o 0314 | dm)Sr A wa (1905)Sr B.107: (1906) ;zxw\s wwr!m ‘ Contra Costa 7815 — a1 o8 Marin Co. 9113 92 Cent L & P. 2% — |Pac Light .. 45 — Eat G 'L Co s% a%fsec B'GaR 3 3 X 5 EE. 4 U4 G 3% — - Firem's Fnd.260 270 BANKS. Amer B & T10 — e { Anglo-Cal_ .. 90% 1 e Bank of Cal425 — = | ol Doz — - SAVINGS BANKS. German ...1990 20 Humboldt .. — 390 Mutual Sav. S0 — 8 F Sav U5 STREET RAILROADS. 11'0 lm \!ll'lfl % California . Geary Continued on Page Thirty-Nine. = ——————————————————— TACOMA COMPANY STEEL 1Is proving a favorite stock with Cali- Wide-awake The American Suaranty ad Tast Go., ALASKA CENTRAL RAILWAY #eribed for at the current price of $5. He who miszes this chance mi money—and lots of it. Ask for honest prospectus. *he / merican “uaraaty avd Trust Go.