The San Francisco Call. Newspaper, October 1, 1902, Page 11

SUMMARY OF THE MARKETS. nk clearings largely ahead of those for last year. Il street situation much improved. ocal stocks and bonds selling somewhat beiter. "heat and Barley quiet and not materially changed. ats dull, Corn selling zwell and Rye wery firmly held. 1 an market Middlings firm and Hay steady. working into better condition. tter and Eggs dull at the high prices. Seeds dull. Cheese steady. ied Fruit market in fair condition for sellers. prices for Raisins seem to suit all parties. “alnuts firm and Almonds’ easy. Honey somewhat firmer. Provisions continue firm, but quiet everywhere. sood Wools selling briskly, but defective grades dragging. Hi e market still labors under the tannery strike. Hops inactive, with buyers and sellers apart. Local packers report sufficient Hogs coming in. Beef, Mutton, Lamb and Veal weak and declining. Pure Castor and Nut Oil lower. Turpentine higher. Potatoes and Onions continue in large supply Poultry weaker under liberal supplies. Fall Game season opens to-day. Fresh Fruit about as before quoted. Retail Meat Prices. The following retall quotations for meats ere furnished by the San Francisco Retail Putchers’ Protective Association: BEBF_Prime Roast, 15@18c; Porterhouse calk, lflnr“"h Tenderloln Steak, 15@18c; oln Steak, lz‘qfllfic, Top Round Steak, Y‘,(-el Stew, 10c; Corned Beef 8@10c; Bones, 4c; Soup Meats, 2@10c. VEAL—Loin Roast, 16@20c; Shoulder Roast, % @158c; Chops or Cutlets, 15@20c. MUTTON—Leg, 12%c; Forequarter, 8@10c; Stew, 8@10c; Prime Chops, 15@18c; Shoulder Chops, 10@12%ec. SPRING LAMB—Chops, 15@20c; Leg, 15@ 18¢; Forequarter, 123ec. PORK—Loin Roast, 15@18c; Leg Roast, (23%c; Shoulder Roast, 11@12%e; Chops, 150 18e. These prices do Dot cover the cheaper grades, &s it is impossible to quote regular prices on them. Cusioms R-ceipts. Receipts of duties on imports at the Custom- ng the month of September were againet $595,5835 In September, 1 reoct ts from January 1 to date were ,995 during the same Bank Clearings. Local bank clearings in September were $119,. nst $92,160,256 in September, 1901. nine months of the year they 854,830, against $843,967,276 for d in 1901. These clearings have been steadily gaining sll the year, thus indi- isco. September Coinage. The cot the month of September was as follows: Double eagles; $2,180,000; hulf eagles, $280,000; stand- ard dollars, $500,000, making & total of $2,060,- The total coiniige for the first three months of the fiscal year, commencing July 1, was $13,- 220,000, egainst $15,068,369 during the same periad last year. The Weather and Crops. The weekly report of A. G. McAdle, section Girector of the cilmate and crop service of the Weather Bureau, is as follows: GENERAL SUMMARY. Generally warm and clear weather prevalled Quring the week, With cooler nights in the in- terior end fogs In portions of the coast dis- tricts, High winds i the Bacramento and San Joaquin velleys caused slight damage to late frutts and injured drying fruits to some ex- tent Considersble progress was made in fruit dry- ing end raisin making, but warmer weather is neefied for the rapid curing of the crops. In | some sections the yield of grapes is the heaviest for several years, and the crop exceels expecta- tions in mearly all sections. Wine grapes are go- ing to the wineries in immense quantities, and there is some difficulty in handling them. Prunes are also yielding heavily in most places, end are being dried end stored as rapidly as possible. All varieties of deciduous fruits have yielded excellent crops this season, but there has been considerable loss through scarcity of labor. Walnut picking has commenced in | Southern California, and the croj t'u reported lighter than expected. Citrus fruits gre in good | condition. Apples of excellent quality are lentiful. ‘Atv)od ormmhbeln;p{cksdmd canned in the northern coast districts. = The bean crop In Sou!hem California is r!porltd nearly average, though less than last season’s, and harvesting and threshing are progressing Corn is maturing and picking has nenced in some sections; there will be a gooé crop of Egyptian corn in the San Joaquin Valley. Hops have ylelded the best crop for many years. SACRAMENTO VALLEY. ear weather during the week was fayorable for fruit & and maturing late fruits and grapes. P raerly winds in some sections damage’. fruit on the trees and drying fruit was elightly injured by sand and dust. 'rha heavy prune crop is being rapidly dried. picking i progressing, and heavy lhlpmenu are being made from Sacramento and other places. Large quantities of grapes are going 1o the wineries, and wine making is progressing | repidly. The yleld of grapes is very satis- | factory. Citrus fruits continue thrifty. An excellent crop of hops been harves COAST AND BAY SBCTIONS. Warm and generally clear weather prevailed guring the week, and conditions were favorabl for fruit drying and ring. Grape pick: ing is progressing rapidly, and heavy ship ments are being made to markets and wineries. In the Somoma and Napa v the yield of is reported the largest for several years, quality is exceilent; there is also a crop in the Santa Clara Valley and other | i Wine making has commenced in | The prune crop is reported about that of two years ago and is being | ed and packed. Bean picking lllfl e progressing in Lake i Tar oascocad tn the Houip: ces. bean th Corn i maturing rapidly. SAN JOAQUIN VALLEY. The continued cool weather during the week was somewhat unfavorable for the rapid curing of ralsing end frults, but considerable pro- ess was made, and packing houses are now night and day. Immense quantities ang and other grapes are going to the which ‘@re taxed to the uttermost to le the crop. The grape and prune crop ulare County are reported the largest ever Late peaches, pears prunes are 2 disposed "o as rapidly as possivie. and grape crops are probably up to erage i nearly all sections. - There is a rge crop of Egyptian corn in Tulare and Kern es, and picking has commenced. Plow- and seeding are progressing. SOUTHERN CALIFORNIA. 1y clear, warm weather prevafled dur- i the week, with fogs along the coast. Fruit rving and raisin _making are ing in most places. There is an ex- orably of gre; Plums and late peaches iarket, and apples are very plentiful. picking has commenced in Orange d the crop is reported lighter than Citrus fruits are doing well. A at Santa Maria states that the a8 will be larger than estimated Bean harves ing. Summary—Humboldt appies probably 5 of a crop, but large and of excellent te #0il §5 dry and pastures nced rain. e Summary—Warm Weather at week was €ood for fruit drying. Irrigation continues; the water Sup] is de- creasing iz places. 1901 | pronounced ectivity in the trade of San | nage at the local branch Mint Quring | against $4,418,360 during September, 1901. | g Hay baling is | vegetobles are making good | | | { Rovtherly - winds- in the interior; | credits | by the money stri Weather Report. (120th Meridian—Pacific Time.) BEAN FRANCISCO, Sept. 30—5 p. m. TR T ] g gEpgERy #2 ¢ g FH R - A : EsfEas B0 ¢ STATIONS. &E =8 R g : TBuEsE 8 o H Astoria 64 04 NE Clear W12 Baker 54 30 NW Clear 202 | Carson . 76 28 N Clear .00 Eureka . 62 4 W Clear .00 Fresno . 80 52 NW Clear .00 Flagstaft . 66 28 SW Clear .00 Pocatello, Id.. s 40 .. .iieee i ludependence .29, 50 76 46 SBE Clear .00 Los Angeles. 78 54 W Clear .00 Phoenix 92 56 NW Clear .00 Portland . 64 42 NW Clear .04 Red Biluff 90 52 SW Clear .00 Roseburg . 72 40 N Clear .00 Sacramento B84 08 Clear .00 Salt Lake. 64 3¢ NW Pt.Clay .00 San Francisco.2 98 60 W Clear .00 29, 7 44 W Clear .00 72 56 NW Clear .00 60 36 NW Clear .08 60 32 N Clear .08 y 56 48 E ear .03 \\'l}ll. Walla..30.26 62 42 '8 Pt.Cldy .01 Winnemucca .30.02 66 28 NW Clear .00 Yuma ... ....20.70 94 58 W Clear .00 WEATHER CONDITIONS AND GENERAL FORECAST, The pressure has fallen rapidly over the intermountain region and has risen rapidly over the northern balf of the Pacific Coast. Clear weather prevails over the country west of the Rocky Mountains, ‘The temperature has risen about 4 degrees over the greater portion of California. T weather has béen more favorable for fruit dry- ing and raisin making, The present season, compared Wwith the last seascn to date, shows a deficiency in rainfall, g in the extreme southern portion of the tate. Forecast made at San Francisco for thirty bours ending midnight, October 1, 1002: Northern California—Fair Wednesday, light’| brisk westerly winds on the coas! Soutbern Clufomh—}‘-.lr ‘Wednesday, fresh westerly winds. ‘Wednesday, brisk northwest Nevada—Fair ‘winds. BSan Francisco and vicinity—Fair Wednesday, cooler; light north winds, changing to brisk westerly, ALEXANDER G. McADIE, Forecast Official. ¥ EASTERN MARKETS. New York Stock Market. NEW YORK, Sept. 30.—The losses sustained in prices of stock yesterday, which reached | practically panfc proportions, were more than wiped out to-day. There were Temaining traces of feverishness in to-day’s trading after the spasmodic regovery at the opening, but as the progressed the trading settled down into a growing buying movement which be- came furiously active in the final trading and the market closed exceedingly buoyant with the largest volume of dealings of the day. The reasures of relief for the money market of- fered by the Becretary of the Treasury were the primary causes of the sudden reversal of sentiment, but well-defincd rumors of a set- tiement of the coal strike assisted the buoy- ant outburst at the close, the coalers taking the lead of the exciting rising market. The money market showed none of the excessive stringency of yesterday, but rates for call loans were as high as 10 per cent in the fore- noon, in spite of the relief at hand. Prepara- tions for the October 1 disbursements were a complicating - factor, but during the afternoon the £« to make an impres- force of relief sion upon the market. Apparently the neces- preparations for the October payments also been completed. Call loans fell away rapidly and helped the buoyant tone toward the close. It had been very persistent- ly maintained that the stringency of the money market was the only cloud upon the speculative horizon and the only drawback to the upward courss of prices of securitigs. It was but natural, therefore, that news of the drastic measures proposed by the Secretary of the Treasury for the relief of surplus Govern- ment funds to the money murket should have | quickly checked the demoralized sentiment of yesterday. The remission of the requirement upon the national banks to maintain their 5 per cent cash reserve against Government de- Posits promises to afford more than $30,000,000 of bank reserves for other purposes, follow the asmament of the Decetary of the Treasury, to permit additional credits to the amount of four times the cash reserves thus made available. This would equal $130,000,- | 000 of additional credit of the country at arge. The amount of Government deposits in l\ow York banks is some $141,500,000, which would also be the amount of the additional immediately available to the New York market. That is to say, over $10,000,000 of New York banks' money is released from the reserve requirement. There was no taking the stimulating effect of this possibil- ity on speculative sentiment. The extent of the effect of the other measures proposed by the Secretary was considered more open to ques- tion. The action of the late market raised | some question as to e exclusive part played in the stock market depression. The sudden response to the ex- pectation of & coai strike settlement indicates that the growing bad effects of that struggle upon Industry in gemeral wcre becoming an increasing influence upon the values of se- curities. Reassuring intimations that the Louisville and Nashville was nrogreulng also helped to restore confidence. Bonds recovered in company with stocks. Total sales, $4,- 240,000. United States bonds were all un- Cchanged on the Jast call. NEW YORK STOCK Lls‘l' Stocks— Sales. Atchison .. ‘Atchison pfd . Balt & Ohlo . Balt & Obio ptd Canadian Pacific. Chi & E Illinois Chi & G Western.. Chi & G W A pfd. Chi & G. W B ptd. 1,100 4714 if & Northwestrn, 700 % 231 235 Chi R I & Pacific. - 3,200 1981 1971 198 Chi Term & Trans. 1,900 22 21 22 Chi Term & T pfd. 3,400 40% 333 40% 300 104 103% 102 1,800 323 301 32 500 T3 7215 72 1700 49 45" 4 3,000 177% 172 - 177 400 273% 271 278 8,000 46% 45 401 Denver & R G pfd. 2700 93 o1% 82 . . 20,700 .40% 39# 40 Hocking Valley Hocking Val pfd llinois Central Iowa Central e L'Eric & West pid. Louls & Nash . Manhattan L ..... | Metropolitan St Ky | Mexican Central... | Mexican National. Minn & St Louis. Missouri Pacific .. M K & Texas.. M K & Texas ptd. N J Central N Y Central N Norfolk & West. .. Norf & West pid. Ontario & Western. Pennsylvania . THE SAN FRANCISCO CALL, WEDNESDAY, OCTOBER 1 offerings proved light, foreign houses bought a little wheat; seaboard clearances were fair ana local sentiment rather Ivllll!lh T’I\a elou wes and %c net higher; c, closed at 7ijc; September, 73 11-] mm December, 18%e, closed at T3%e. HIDESFi WOOL—Quiet. SUGAR—Raw, firm; fair refining, 8c; cen- trifugai, 96 telt 8%c; molasses sugar, 2%c; refined, ' firm, ¢ COFFEE—Spot Rio, quiet; No. 7 involce, 5%c; mild, steady; Cordova, §@1l3c. Futures closed net’ 5 points higher, ‘with the exception of January, which closeds 10 points up; total sales, 22,500 bags, including October, $5 06@ 5 10; December, $5 25@5 30; March, $5 50@ 5 55; May, $5 65; July, $5 80@5 85, DRIED FRUITS. EVAPORATED APPLES—COgtlnu. full anda show some accumulation, which naturaily , | plases the market in an eday vosition thoush o changes are noted in prices. Common are 'qumed at 4@6%c; cholce. T@T%e; fancy, T% Se. SPOT PRUNES—Firmly held in light sup- ply and ith fainly good dermand. Prices range from 3%e to 7%c for all grades, APRICOTS- Continue to move at 5%4@10%s in_hoxes and at 63%@10c In bags. ontinue steady at 12Q16e for pected and 701030 for unpecied: * Chicago Grain and Produce. CHICAGO, Sept. 80.—The all-absorbing feat- Readi) .o 7 Reading ist pid .1 2100 i 0% ;.&,,, ure to trading in wheat to-day was the al- Reading 24 pfd ... 9,800 77 74% 78 | leged corner in the September delivery. -Early St Louis & 8 F... 2,300 781 77% 784 | In the session there Were sufficient shorts who E % T84 StL&BF 1st pig “is ... ... 82| had neglected covering their' contracts to boost | 8¢ Tomts Bontraact: La% 3% 5? gg% the price from 87%c to 90c, but at this figure | Bt Louis S W pfd.. 3,100 70% 09% 705 | there was 2 lull in the proceedings due to ru- | 8t Paul ... . 600 104 = 1871 104 | mors of an injunction similar to the one se- ‘gé“fggl a5 L300 00, 195 198 |cured in the oats corner recently. = As the | rn Pacific ... 69, 7 73% 5% | gession advanced and nothing of this nature | fouthern Rallway.. 23,900 38% = 36% 8% | marerialized, shorts decided further parleying g e ki P Pu 2% | was useless and there was & grand rush to | Tol St L & West.. 500 29 29 20 cover. The result was the price advanced from Tol St L & W ptd. 1,200 44 43% 44 900 to 05c, with scarcely a sale at injerme- | Talon Pacifle. .oy 101800 107 10436 107 | giate figures. At 950 shorts were able to se- | Wabhah ‘e Pfe 000 il 928 59 | cure all the mecessary stuft to satisty their | Wabash pfd ...... 1,800 51 48 Bort | creditors, most of the offerings coming from | Wheel & Lake File 1400 28% 7 oys | Armour & Co., Who have been leaders in the W& T m o0 prd.. 500 368 &% obit | bull movement. ~The opening was %o to Hc Wisconsin Cent. 2,700 283 278 2gi} | higher at 85@88%c. ~After lel\lnimp to 80c | Wis Cent pra. 1700 83% 52 §3'* | there was a reaction to 87%o. n on re- Express Companies— newed covering the price advanced rapidly to Adams .. 200 95c and the close was at the top notch, at a American . 800 2507 24p% 200 | Ean of Tie over yesterday's close. ' Future United States. . 500 150 150 148 | deliveries were listless and ‘inclined to weak- Wells Fargo . < 350 |mness. December opened unchanged at 68%c, Miscellancons— (U 1 et gold down to 68, but rallied slightly toward Amal Copper...... 10,700 66% ¢a1; | the close, which was %@%c lower at (8%@ Amer Car & F.... 8,800 38 35y 574 | 68%c. Outside of September trading the feat: Amer Car & F pfd, 300 01 91 911” | ure was the buying of May and selling of Am Linseed Oil. 200 281 2273 3 | December. Statistics were against the mar- fim L!E‘seed oil'ptd ..... esd, Rogaiid R ::e: and as a result there was a weak under- one. Amer Toco ptd o 2300 3y B 39%|'°Com was traded tn but moderately. Thers Am Smel & Refin.. 4200 471§ 48 47 | Was a strong bull feeling throughout the sef Am S & Ref pfd... 500 08 95 933 | slon. Higher cables and reports of damage to Anaconda Min Co.. 800 103 103 103 | ¢rops in Iowa from excesslve molsture Wwere Brooklyn R Transit 15,500 66 64% 63% | e i b December closed’ %4@% o T, hiy al Comollined Gaz . o0 o™ aip gii'r | Oate wero dull With pricos sbout stcady. Con_Tob a.. 1, , | The teature was eral recel; Door ‘Ef"fi’,“? o Pt 56::&%%“&Docember closed %@%c lower at e e 2212 | ""The teature of the provision trade was the | Inger Paper pfd... 200 buying of hearby Dipdusts and seliing o6 fu | Inter Power.. 69 | tures. January Dark clo!ud Tthe lower, lard | National Biscutt... 100 467 48 40 |bc lower and ribs 2ic lower. | fint;;mfl Il?d 700 81 991 297 | _The leading futures ranged as follows: Norf merican. ,800 130% 12214 127 ; 2 . Paoifo CoRt 1800 e elr'tllae(elua Open.” High. Low. Close. Pacific Mall. 1 42 o5 88 o5 People’s Gas. 3 Pressed Steel Car. - B SR Pressed S Car ped.. 'uliman Pal Car.. Republic Steel.. B8 0 R ;{epubllc Steel ptfl uy a4 it ugar Tenn Coal & Tren.. 4, 67% 8434 | 67% September, old... 28 ' 26 26 20 | Union B & P Co.. 100 14 ufi 14’,’ | Segzember, new.. 82 83 81 33’/: |Unlon B &PCopfd 100 76i4 75i4 761} | December, new . 50 8 80l 30 U S Leather....... 4100 143 13% 14 31" 81% 81 81 {Dia mhec vl o gy tizs_ 1 14 10 ul . 7 17 18 U 8 Rubber pfd . 200 56 563: o7 SCPIEmMr wene 16 41& 473 16 15 16 15 | U SSteel.. ....... 28400 40% 89% 40 October ........18 47% 16 ah161s 1818 U S Steel pfd...... 14,000 807 88% 89% | January .......16 15 15 1744 15 05 15 10 | Western Union.....12100 3% 91% g,; Lard, i’ 100 aME=c0 o Bl Total sales. .. S 9724 970 070 NEW YORK BONDS. Pl - B L Ugor:rouz;o;es. mwn & N unified 4s.101 1bs— 1 11 00 | D3srex . 108 Bo'Sotpen = 102 11 023 10 873 10 0 new 4s reg. 181 - Do coupon .. Cash quotatlons were as follows: Flour D old 43 reg..:. ‘..no gulees 05T S i o 1. N spring whea 24 o. corn, | ss0: N0 2 Follow, AR ts, 8% ] | 293%c; No. 3 white, maau No z rya‘ wm. | 01 Erle prior lien 45. 993 | gen 4s . F W & D C Ists.113 Hock Val 4%4s...108% NEW YORK MINING Adams Con ...... 20[Little Chi Y, NH Fitchburg ld. Union Pacnge Mex Central Miscellaneous— Amer Sugar Do prefd . 119 Amer Tel & 'rel maf,fi Dom Iron & St Gen Electric .. U S Steel... LONDON CLOSING STOCKS. Gons tor money.98 8-16 Chi Great West.. Chi, Mil & St A Ren & Rio G.... 46 Do prefd : :3 ie Do 1st prefd. 2d prefd.... 53% Miinots Central.. .1 short bills 1s 23 per bills 8% per cent. New York Money Market. per cent. Prime mercantile paper— per cent. m;{ndt&:d ?‘82 B0 for sixty days. osted rates—$4 lnd M 86%. Commercial bu..i’s? Tar silver—0: szl/.%q Mexican dollars—40e, Government bonds, firm; railroad bon Condition of the Treasury. steady; ., strong, ce, $221, able cash 1. —_— e . . New York Grain and Produce. [ —_— & NEW YORK, Sept. 30.—FLOUR—Receipts, 23,200 barrels; exports, 2500 barrels; sales, 12,- 500 packages; active and steady, - ‘WHEAT—Recelpts, 100,200 bushels; exports, 124,123 bushels; steadier; No. 2 red, T8%c elevator; No. 2 red, T8%@T3%¢ £ o b efloat; No. 1 Northern Duluth, 19%e £ 0. b afioat; No. 1 hard Manitoba, 79%c . o. b. afloat. Options were steady hére ail day notwithstand, ing irregularity in Western markets: 10 80@10 90; dry sal it The Pate ot discount 1n the open market for cent and for three months’ NHEW YORK, Bch 830.—Close. Money on call firm at 8 to 20 per cent; closed offered at & Sterling exchange firm, with actual busi- ness in bankers' bill at $4 85.65@4 85.75 for de- State bonds, WASHINGTON, Sept. 30.—To-day's state- ment of the treasury balances in the general fund, exclusive of the $150,000,000 gold reserve in the division of redemption, shows: Avail. halan: ,865,164; gold, $135,573,- 1 flax seed, $1 25%c; orthwestern, css ok por bhl, $18 15616, 30 Tard, Ibs, $11 40@11 50; - short ribs 1a€s (loose), salted shoulders _(boxed), @9%c; short clear sides (boxed), 113 @11%c; iskey, basts of high wines, $1 82; clover, Contract grads, $9 50. Articles, Beosipte. Shipments. Flour, 18, 17,000 ‘Wheat, buuhe , 000 Corn, bushels 245,000 | Oats, bushels 168,000 Rye, bushels 11,000 Barley, bushels 11,000 On the Produce Exchange to-day the Butter | market” was frm. Creameries 16@Z2%c: dairies, 15@20c. 'steady, 20@20 Cheese, steady, 10%@11(: e|Eotonl,-: LIVERPOOL, ;lornms‘flver 1 gg gxem );Ie ‘Wheat— Sept. Dec. ron Silver ... m Leadville Con 08fStandard - glp:-l}::l:‘ g %"’A BOSTON STOCKS AND BONDS, Do prefd .. ‘Wheat— Sept. Jan.-Apl. Westing Com! Opening 20 . Flour— § Amal pnés 1 g3 | Opening nw Bingham " 2914 | Closing 2735 |Calumet & Hoch.m o . Qentennihi . 18% Available Grain Supply. NEW YORK, Sept. 80.—Special cable and telegraphic communications received by Brad- street’s show the following changes in available supplies a8 compared with the last account: HEAT—United States and Canada, east of the Rockles, Increased 4,301,000 bushels. .Afloat for and in Europe, increase 4,400,000 bushels. The total supply increased 8,701,000 bushels, CORN—United States and Canada, east of the Rockles, Increased 1,104,000 bushe]s. OATS—United States and Canada, increased 1,047,000 bushels. New York Metal Market. NEW YORK, Sept. 80.—Tin was weak . 1 the New York market. Trading was dull, with buyers disposed to look for still further con- cessions. The close was about 25 points lower, with spot at $25 50@25 65. In London the same metals declined 13s, with spot closing at £117 7s 64 and futures at £115 Bs. Copper was 64 lower at London, where it was quoted at £52 1d and futures at £52 25 6d, Thers' was little demand in tne local mar: ke closed at $11 55@11 76; standard Toais glectrolyptic ot $11 45G11 55, and casting at $11 i et a¢ 10 155 1n Tonden ‘and et c in the local market, The London market was quiet at & jpelter here was steady but qulnnt at Blbo. uls & Nash Iron was a shade lower in the English mar- Kans & Tex % ot, Glasgow clostng at 0Ss 24 and Miadiee- ot 8s 44d. In dhe ookt Sada Y s e was quiet and unchan mi'.'m;_vz"a"m’ o el Warrants nominal. fo. 1 foundry morthe: $23@25; No. found southern and No. $0005 southern soft. §22680. New York Cotton Market. NEW YORK, xsm‘ t:o.g—cm&m opened steady, nts lower points higher, olo-ux" -uapdoyl and net 3 to & mmu hlshe‘r 33 Eastern Livestock Market. CHICAGO. CHICAGO, Sept. 30.—Cattle — Recelpts, 10,000, {ncluding 4500 Westerns. Good, steady; others, slow. Good to prime steers, nominal, $7 50g8 50; poor to medium, $4Q@7; stockers and geeders, $3 50GU; cows, 31 5004 50; neir- uMG%O bull: s ““‘:a.&"’u%mm‘“’;”* umm'u > 100 n 1M6m13, rough L- . 60; bulk of to clwlel hea 25; llth& 'IE ‘ 18,000. Sheep l.m! llm‘hl s, lower. Lambs, e e o 108 lowes: choice wethers, $3 25@3 75; falr to e.hnxn , ; Western sheep, $2 50@3 n. :a“';“ % bs, $3 BO@5 40; Wuurn JOSEPH, E;.DJ Sept. 80.—Cattle—Re- ST. . 2400: (2, meaks stock cattle’dull, ; Bille and 5 2 ; veals, - *‘ b an -hn. $: S—Recelpts, 200 lower. flf‘ht and light mlxed. l‘! ; medium heavy, 20@7 40; snm-— mpn. 2503 steady to 10c lowers Boston Wool Market. BOSTON, M”-v—’fhmh‘bm‘w. Md'oolldddm‘ml“th!lm 1902. number of consumers have been on the mar- ket and several lines-of Territory and other kinds have been disposed of. Still the general market has not been ac- tive. A good many dealers have not done more than an average business in small lots. All however, are that the demand has certainiy been betm- all around and de- velopments are Prices are very firm, but have mot changed muoh. Territory wocels have not been bringing full prices and holders are firm and confident, Fine staple Terrtories, 55@60c; strictly fine, 500550; fine and fins medium, 50£33c; medium, o tatuta wool. 1s n = A trouk phaition, il some business being done. county ; middle cflmgn cleaned basts, "to elght months, mnsa ll::::.hem, 46@47ci s London Wool Sales. LONDON, Sept. 80.—The offerings at the Wool auction sales to-day numbered 11,854 b.h" mostly New Zealand stock. A moderate ity of good medium cross-breds were en for America at 15 pdr cent advance and 50 merinos at an increase of some greasy 10 per cent oveér the July prices. SEATTLE, Bqal. T80.—Clearings, $802,278; balances, $292,004. Sept. 30.—Clearings, $219,778; bdnnces $56,574, LAivE._[ Sept, 30.—Clearings, KANE, Sept. 30.—Clearings, $252,4 e $25,182, Northern Business, TACOMA, $919,615 bm@el. Northern Wheat Market. PORTLAND, Sept. wenkésch-Hl ‘Walla, 62¢; Blumm. 65¢; Val- WASHINGTON. > Sept. 80.—Wheat—Unchanged, Y%e; Club, 68%c. = | Foreign Markets. LONDON, ‘Sept. 80,—Consols, 98 8-16; silver, 23 0-164; French rorites, 90f 90c. Wheat car- goes on passage, rather easler; cargoes No. 1 Krandara witorhia, 80s; cargocs Walla, Waila, 359 T4d; Buelish country markets, frm. ept. 80.—Wheat, quiet; No. 1 sz;ndua c-mornu. 6s 5d; wheat in Par] steady; flour In Parls, steady; weaiher In Gog: land, - “fair but ol BT ION Upienas, 4 15-164, ot Slecitna < TACO] ‘Bluestem, LOCAL MARKETS. Sterlipg Exchange, 60 days. Sterling Exchange, sight.... Sterling Cables ... New York Exchange, B Silver) per ounce....... Mexican Dollars, nominal Wheat and Other Grains. WHEAT FREIGHTS—Spot business is quot- ed at 21s 84@22s 64, usual options, according to size of carrier. The chartered wheat fleet in port has a registered tonnu- of 49,850, against 89,000 tong on the same date m:dm, dis- 400 - tons, wny to this 215, 522 tons against 185, ooo VHDAT Porclgn faturés were rather low The world's stocks, as stated by Bradstreet’ increased 4,301,000 bushels east of the Rockies and 4,400,000 in Europe and on passage, the total increase being 8,701,000 bushels. The San Francisco market was quiet and not materially changed, CASH WHBEAT, Shipping, $1 20; milling, $1 22%@1 25 per otl, FUTURES. §§38328 Session 9 to 11:30 a. m. SPiBy $1 D% o1 T0% oF 1o ,"1 mzf 1 22“ 1 né 1 21;2 2 p. m. Sesston. BARLBY- e spot market continfled dull end rather easy than otherwise, Both buyers and sellers seemed indifferent. Values remain- ed about as before. CASH BARLEY. 1 08%@1 10; brewiug and shipping grue- 112%@1 15; Chevaller, $1 40@1 50 for fair to choice, Session 9 to 11:30 a. m, Open. High. Low. Close. $1 12% $1 12% $1 1214 $1 123 115 115 118 115 2 p. m. Session. Open. High. Low. Close. .o...8112% $1 12% $1 12% $1 12% May, no sales, OATS—The market is steadily held, and of- ferings are moderate, but receipts are increas- ing ard the demand is not brisk at the mo- ment. Clean black are in brisk demand for secd. New White, $1 16@1 120: Black, §1 2% @110 for teed and $1 06@1 12% for o T gt ] $115 @1 17% for fancy. CORN—The leading holder reports free sales at full figures, with quotations unchanged. Sitorings re moderate. Large Yellow. $1 100 145; small round do, §145@1 47%5; White, nominal. RYE—Continues firm with supplies light and cencenlu'lted in few hands, at $10234@1 0734 er ctl. P BUCKWHEAT—Nominal at $175 per ctl. Flour and Millstuffs. The millers report & good demand for al- most everything, with prices firm FLOUR—California Family Extras, $3 75@ 4 00, usual terms; Bakers’ Extras, $3 65@3 75; Oregon and wnhlnston. $3@3 25 per barrel for l.mny .1‘1‘!1]2‘:‘5— 50 for Blken " rices in sacks are as fol- raham December . “usual discount 1o the trade: G ‘r?l:\'n. ;s 1bs; Rye mo\u. $3; Rye Meal,' $2 7 Rlce Flour, $7; Corn_Meal, $3 25; extra _cream do, $4; Oat Groats, 85 25; Hom- iny, S Bukwheat Flour, ; Cralcked_Wheat, $3 50; Farina, ‘34 50; ole Wheat Flour, §8 25; Rolled Oats, 7 35@89; In uu%u 8 50; Pear} Bu-lty, 5 50; Split Peas, §5 50; Green Peas, $6 50 per 100 pounds. Hay and Feedstuffs. Bran and Middlings are quoted firm, and some handlers are disposed to raise the quo- tations. Hay rules steady, with lighter re- celpts during the past few days. ton. G ton. FEEDSTUFFS—Roll oy, ton; Ofl Meal =at the mill, $25@26; job- Ding, $26 60G2T; Saic eal, 1; cked Mixed $18G19; cmanma Meal HAY—Wheat, ; Wheat and Oat, D 12 50; Red O AT "Wild Oat, goel 50; arley, 88 80G10; Volunteer, 7 600 oover, ““’;hxl 11; Beans and Seeds. . Beans seem to be working into better con- dition for sellers, in mm‘ of uulnl recelpts, market for most sorts is now firm. s e generally in. the dirsction of an advance. quiet demand for ehipment. Thers s new in Seeds, which m:;m:e 5 002 ;. i v 147 Redt 32 35; Lima, 35 3083 90; $3 60; Blackeye, $3 50 per ctl. Bmwn Mustard, $3 75; Yellow Mus- tard, Fl: 60;" Canary, 8o f¢ Eamrn u'c':iu. 3331‘:-:; Rape, uumag o. Hemp, 8%¢ per 1b. PHAS—Niles, $1 6001 80; Green, ut%j@. Bw;un $1 Wlmnorefl, Potatoes, Onions and Vegetables. The old frelght rate of 75c per cental on Potatoes from here to Texas goes into effect today. Yesterday was the last day of the d there was a considerable quan- BHDD“;:,' hwwo:;rweu ?— Tarket was far from Onions continued ll!i‘n& rate. There was vm little Green Corn This vegetable has about had its run. e bw‘fi? llp m‘: I!vl’t.blfll % ocks af TS T B e T St vu-h u’POfl\‘A‘l‘OE ‘Burbanks from the flm t1:_Sall Burbanks, % Bweet Potatoes, e T u 25 omo];“s—mmm . per ctl; Pickle Onions, ‘ms—d‘ ireen sack; crates from M&malml.n ——“1. wfrmm ———; _ Green Peas, Be; w%r 1b, including Wax; Lima, 8%%e; 75c per ctl; Tomatoes, box; Carrots, $1 per sack; Cucumbers, per box; Pickle Cucumbers, $1@1 25 per ‘box for No. 1 lmwc for No. 2: Garlic, 2c; Chile_Peppers, box; Bell, 40@60c: let, 50@65¢; Graen Okn., 40050c por lwwilt Sqllllh. W per % Bubhlfll. '10. Poultry and Game. Anrnfw'uunmwmmm.mhu The m Lt~ 8’ To-/| she the third for the week, and another a nu:dt‘hy.ax“ of domestic were liberal, o ‘u w chicken line was I?vrkm' !mm‘ ] "“ Gamets it in ltberal ¥ Inslnm-aoruuulnud.menlymnd the quotations.” The season for , ete., mn- to-day. e Turkeys, old, 15016 for o et o o; Gostings, r, 7 1 st 5831'3& Duuh $2,3003 tor old"and $2 5 ot en:a $185 50; young Roosters, ers. for large and 33 25 m- small; Pigeons, $1@1 oid and 31 501 75 for ?.»f”"“"" o Hare, $1@1 25 tAME—Doves, $1 per per dozen; Cut!nnufl Rlbblll. nw per dozen; Brush Rabbits, $1 per dozen. Buter, Cheese and Eggs. Butter is weak. Houses with large stocks are offering the pick of their floors at 30c, and will Jet go for 29c it buyers wiil take a round lot. The top quotation of 3lc ean now be ob- tained only in a retail way. Receipts from Marin and Sonoma counties are Increasing, and will_steadily increase from now on, but those from Humboldt will begin to fall off in 30 days or so. .and unchanged. In spite of continued light e stocks Eggs rule dull, as the warm weather and high prices are against the market, and retaflers continue to take the cheaper Western and cold storage goods In preference to the high-priced ranch. Quotations, however, re- main_unchas Fheebu were 38,700 lbs Butter, 415 cases Egss and 4500 1bs Cheese. B ery, - 20@31c b for *B for firsts and e for seconds; dairy, @25c; store Butter, 17G20c ISy uu&m per uw 37@380 for m for fll por Sogent cold atorage, 25l4@Me; Westers Deciduous and Citrus Fruits. ; Conditions in this market showed little change from the preceding day. Tabie Grapes in large and small boxes wers in brisk demand at sustained prices, offerings in crates were generally dull. Some Black Cornichon came in from Contra Costa County and sold for 75¢ per crate. Zinfandel Wine Grapes sold read- ily at previous prices, but the other descrip- | tions met with slow sale. Tree fruits were In free supply, and prices stood about the same. The eanners secured some Quinces at $10 per ton. Choice offerings of Nutmegs and Can: taloy) made a slight advance. The demand for Watermelons was brisk, owing to the warm weather. There was very little inguiry for Cranberries and- Coos Bay were offering at easier prices. The Caj Cod and the Wisconsin Beil and Bugle a, ‘were not materially changed. There is nothing new to report in Berries. fi’he market was bare of Mexican Limes, but fresh supplies are due at any RIES—Cape bhl,b:’;l.lcoluln $9 per bbl Coo- g@' e Dt‘l‘ RASPBERRIES—-‘H% r 'BERRIE; T u-hut Long- Wonhg u:d w for- mllng:l» - g5 QUINCES—-!! cnta according to quality; large oi;’:;b::n-, APPLES—: box for common, 50@ 150 !or cholea and @1 15 for fancy. -7T6@$1 per box for Bratletts and WInt!r Nellis; other descriptions, 40@7bc. NECTARINES—Red, per _box, PEACHES—25@50c for lmn.ll boxes, and 65@ e Ss R A small boxes. Se for ES—Seqdless, T! per box or crate; Isabella, 50065 ver box x:.' Srate: To per box or crate; Blaci 3 @65¢; Sweetwater, hse open 'boxes, T5c@$1; Zintandel, 33 per ton; Mission, !‘25@21 Muscat and TN Cantal 50c@81 25 ‘antaloupes, crate; Nutmegs, 25@50c per box; w.urmlon., 10 | 160 per dozen for small and $1 1563 50 for i medium and large. Fms——mw&. 85@500 for double-layer boxes; large boxes from the river, T8og¥1; hzflo “Crrus FRUT secdiings and $3 80GL 50 tor ing_to gquality; Lemons, 1 $1 50@2 for choice and Grape MI&”WW: lexican Bananas, § mnbommnmm-of- leans and —— for Hawalian; Pineapples, —— per dozen. Dried Fruits, Nuts and Raisins. The only change in prices worthy of nots s an advance in Figs. This frult is very firm and selling well. Apricots also rule firm, with stocks of choice Moorparks and other large fruit reduced to small proportions. Buying has recently been very heavy in the country. The demand for Peaches continues and the market rules firm. Evaporated Apples have shown no further weakness for a fortnight. In fact, the feeling in all fruits is firm, as it 1s now ad- mitted by everybody that the output of the State is considerably smaller than thought earlier in the season. Pears and Prunes are dull, but they are late fruits anyhow, and Gealers say that their turn will come by and by. ‘Walnuts are quoted firm, but Almonds are easy. The Honey market Is fll’l‘lwl' but not quotably higher, and the d is now fair. The new prices for Raleins leem to be satis- factory to growers and not objectionable to buyers, and it {a hoved that they can be main- tained throughout the Chestnuts have appeared from Stockton, sell- ing at 20c per Ib. FRUITS—New Apricots, 5@7c for Royals and 8@12%c for Moorparks; Evaporated Apple%* ¢ for muve-. Flums, B@6o for pitted and 1@ pitted; Figs, 2%4@3c for black and 8% @il for white. PRUNES—IWI crrm are quoted as follows: o o o O Gtk 80 ’3‘2"@3{ S §0-1009 Ygc per Ib. 1 CTOD, 2%@1*(: for the four sizes. RAISINS—1902 crop are quoted as follows: 2-crown loose Muscatels, 50-Ib boxes, Sc per 1b; 3-crown, Bie: 4-crow Muscatels, bc; Seedless o ?oc' zfl::xn 8 Xes, per 8 4.-|-uwul crown fancy clusters, 20-1b boxes, Dehet 20-1b boxes, $2 50; rials, 1b boxes, $8. NUTS8—Future Wn]nu'-l. 10e for No. 1 soft- shell and 8o for No. 2 sottshell; 9i4o for No. 1 hardshell and 7i4o for No. 2 hardshell; spot V\,umm No. 1 softshell, 11@12¢; No. 2, aé?: No. 1 _hardshell, 10@10%c; ; 1903 Amonds. 108 @180 for Nomparetls, 10@110 for I X L, 9%@10%c_for Ne Plus Ultra and 7@8c_for Languedoc; Peanuts, 5@7c for East- ern; Brull Nuts, 12@123c¢; Filberts, 12@12%c¢; Pecans, 11@13c; Cocoanuts, $3 50@5. HONEY—Comb, 113%@12%¢ for bright and 10%t1e for light amber; water white extracted, i llent amber extracted, 43,GSe; dark, dc. 2734@290 per 1, Provisions. The markets everywhere are quleter again, though quotations are steady. Light Bacon continues scarce and firm all over the coast. Local dealers express themselves satisfled with the condition of trade at the moment. MEATS—Bacon, i4c per Ib for heavy, 14%c for light medium, 160 for light, 17@17%o0 for extra light, 18@1% for sugar- cured and 20c for extra ; Eastern sugar-cured Hams, 15@16%c; California Hams, uxn. Mess Beef, $10 per bbl; 11; Family, $11 50912 ums:‘w So; extra clear, $24; Eeet. $4 75@5 25; Smoked Boet, m*mu per und. B af Kfl%a W Ib for compound lnd 13« for , 13%4c; 10-1b tins, 3) half-barrel, 10%4c; three balt-barrels, 10c; one um, D%c‘ two tlerces, 9%c; five * The Wool market remains about as before quoted. Receipts are increasing, but good continue to do so. Defective grades are still i mote or law, Fereia not much ork, 1dc: Pig Pork, Ples LARD—Tierce: fll 3 5-l'h Wc; 8-1b tins, 13%ec. *c m erces, Hides, Tallow, Wool and Hops. ‘Wools are going off fast and will probably Buyers | nigher; 11 AUCTION SALES & AUCTI_(Z}V_ SALE £ TROTTING-BRED MARES and GELDINGS Broke single and double. Sired by Aptos Wilkes, Cupid (21:18), Dexter l:trmce. etc., bred by A. B. Spreckels, Esq. Stock Farm. 180 brood mares in foal to the famous sires xcmnuy 2:11%; Stam B, 2:11; Nutwood Wilkes, 2:16%,. Besides lllt roadsters, prop- erty of W. Ford Thomas, Esq. FRIDAY, OCTOBER 3,1902 Com.mzncln‘ at12 m., at Occidental Horse Exchange, 246 Third St. WM. G. LAYNG, Auctioneer. Horses at Yard September 30. AT AUCTION, SATURDAY, OCTOBSR 11, At 10:30 a. m., at the Ranch of the E. B & A.L. STONE CO., ELMHURST, ALAMEDA CO., CAL., ‘WILL BE SOLD 75 HUBSE“” X "5 Comprising draft animals 1100 to 1800 pounds), business and gen- tlemen’s driving horses. Also dirt wagons (wita rollers and carriages), spring wagons, scrapery and other vehicles and tools. 75 sets chain hare less, carriage and buggy harness, saddles and brldlal. All horses will be shown in harness on the day of sale. Haywards electric cars, connecting with eve Franctseo at Haywards Washington sts.. Oakland, every fifteen mine utes. Take so\mam P-eme Sain to San Lean« L. Auctioneer. AUCTION hor 2 suggies, 1 rubber harness, double and lln‘lt. DOYLE, Auctioneer. e ———————— Yy m, fine, 16@17c; do medium snd coarse, 15@16c per Ib. Fall Clip—San Joaquin, $@10¢ ;. do, 1lc; Northern free, 11@13c; defec- endocing, per 1b; Humboldt and M HOPS—20@23c per Ib for crop of 1902, with growers holding for 25e. San Francisco Meat Market.o Packers quots Hogs unchanged, with suffi clent coming in to supply the demand. Beef and Mutton are weak, with a decline in Cows and heavy Ewes. Wethers and Lamb are also off. Veal is the weakest description in mage ket ag present, receipts being too large for the demand, and prices are lower. DRESSED MEATS. Wholesale rates from slaughterers to dealers are as follows: BEEF—6@7c for Steers -and 5@6c per I for Cows. VEAL—Large, 7@8%¢; Ml{’flON—Wethem 108&-:. Ew-l. !‘c’m« huus—exw per Ib for small and 8o for eavy. PORK—Dressed Hogs, 8%4@9%¢c per Ib. LIVESTOCK MARKET. The following quotations are for good, sound Livestock delivered in San and Hetfers, Cows, " (G per 15, (gross w SHEEP—Wethers, 3@3%c; ewes, s!!.m per Ib (gross weigh). LAMBS—Suckling Lambs, $2 50@2 75 hesd. or 4Gisc per 1b live ‘welght; yearitnge, 3%0io per n. OGS Live Foga, 350 lhe snd wnder_SX® 0%e;. tasders, c.l 6%c; under 150 sows, 20 per eent afl ofl. and stags, 40 per cent afl:rvmmv quota~ tions. General Merchandise. BAGS—Grain Bags, 5%@8%c; San 5.55¢; Wool Bags, 32@33c; Fleecs Twine, 7%@ Sc; Fruit Bags, 5%ec, 6c and 634c for the thres sizes of cotton and 6% @8%c for brown jute, CANNED FRUITS—The California Fruit Canners’ Association quotes as follows for 2%~ Ib extra standards and extras: Apples, $1 20@1 50; Apricots, $1 10@1 75. Cherries—Royal Anne, $1 90@2 25; Whits, $1 €5@2; Black, $1 40g1 85. Peaché—Yellow, $1 30@1 55; Lemon Cling, $1 40@1 70; White Heath, $1 85@1 60; Bartlett Pears, $1 35@1 00; EPlums, $1G125; Blackverries; ~$1 70; JStrawberries, §1 65; Museat Grapes, $1 CANNED S EGETASLES The Caltfornta Fruit Canners’ Association quotes as follows: Piaaadar: Sonoma - packed, gals, row-fat, 75@95c; smdnd 90c; extra tandard, extra sifted, t Petits’ Pois, E $1 25; gals, Standard, $3 T COAL—Wellington, $8 ton; Southfiéld Wellington, $8; Seattle, ‘6 50; Hrynnt. w Roslyn, §7; Coos Bay, $5 00; Greta, send, $6 50; Co-operative Wallsend, u Richmond, $7 50; Cumberiand, $12 in bulk $13 25 in sacks; Pennsylvania ‘\nthmlu 2, Welsh Anthracite Egss, ‘s er ton; Coke, $15 per ton in bulll ud m Rocky Mountain descriptions, per 2000 Ibs and §8 50 per tom, ummn. brand. CORDAGE—The local company quotes as follows: ~Maniia, 18%c; Sisal, 12c; Duplex. 11¢; Bale Rope, 12c per lb. PACIFIC CODFISH—Bundlll. per 1b, cases, regular, 5%c; cases, extra large, cases, “Norway, -l Boneless, 6! 6lge; Eastern " 6%e; style, 6%c; “Narrow Gauge,” ; Sl 1 blocks, “‘Orientals,” ' 834c; “Seabrf. at,”" Tc; tablets, Sc: middies, Baiho: Sib boxes, fancy beneices 03es i fancy bonelems, 8ge3eo: Desiceateds r_dozen, 90c; Pickled Cod, barrels, rw Pickled Cod, half-barrels, each, $5. COFFEE—Costa Rica—13%@15¢c for strictly prime to fancy washed, 12@13%c for prime washed; 11@li%c for good washed; 11%@l3c for good to priz.e washed peaberry; 10@1ic for 800d to prime peaberry; 10%4@11c for good o pnme“gy-aoxc for tair; 5% @7 e for com~ for strictly prime washed; 10@1134c for good to prime washedj 8%,@9%oc for fair washed; 10@1134¢ for good to prime washed peaberry; 9@9%c for good to primo semi-washed; S%@) for superlor un. ‘washed; —@S8%¢ for good green unwashed; D. 9%¢c for good to l\lverlur unwashed 8407, for common to cxdtuasy. caragua—12@14c prime to fancy washod: SOLGi1e tor fair’ to strictly good washed; 8@S¥%c for & to superior un- washed; 8%@9%c for good prime un- washed peaberry. Guatemala and llulmn—fl’&ou*o for prime to fancy washed; 11%@12¢ for strietly good washed; 10%@11%¢c for good washed: 9@ 10%e for fair washed; 7%@S%c for medium; BQTe for inferior to’ ordinary; 120 for o et ood tc rime unwash berry 8 a‘ for food to.& = = "Sle. heavy, 20g8c: gz Suod. e aufeyioe SR uv 3 h y Luther. g Lunm. na.vy g for No. 1 lnd Eolllr her, lhht‘ for No. 2; medium, We. Skirting, No. 1, 40@42c Leather, 15@16c per haot 'rnoe Leat! 4fc; Kip, urfinished, 40@50¢ ished, Der Ib: Calt, finjshed, 85c Ib; Wax Siden, 16G17c. per foot; Beit Knife Spllll, 14@16c; Rough Splits, 3@10c per Ib. 'BARK—Ground, $25@28 per ton; stick, pure Castor are lower. China Nut, 55@62c foot, in barrels, 70c; e Whale Oil, natural white, 50GSSc pet galion; Fish Ofl, in barrels, 4dc; cases, Socoariut Ofl, in’ barrels, 8334c for Ceyioh -t 58%c for Australian. COAL OIL—Water White Coal Oil, in bulk, 13%@1l4e; Pearl Oil, in cases, 20c; , 20¢; Star, 20c; Extra Star, 23c; Elaine, fle; Eocnw. 3 lorized Stove bulk, 17e; ases, 25%e; Benaine, in bulk, 160: In cases; Bsfe: §6.detrie Gasolive, T bork, Zle: cases. 27%¢c. TURPENTINE—Is higher at 67c W nllm in cassa wnd @10 n droms and iron barrel RED AND WHITE LEAD—Red @ G%c per Ib; Whits Lead, 6003, according to R od 31020, Lath, & fest. 33 Pickets, $19: Shingles, $2 for No. 1 and % $13' for spiit and for No. 2; Shakes. sawn; rustic, $15@81. mhmcmlummn of 50c a share.