The San Francisco Call. Newspaper, October 5, 1902, Page 35

THE SAN FRANCISCO CALL, SUNDAY, OCTOBER 5, 1902. 35 SUMMARY OF THE MARKETS. . San Francisco bank clearings gain over §$7,000,000. Silver and Exchange about as before quoted. Sugar stocks higher, with more activity. / Wheat not materially changed. Barley weaker. 4 Oats, Corn and Rye still very firmly held. Michigan buying Beans heavily in this market. Hay, Straw and Feedstuffs very firm. Buiter lower under free supplies. Cheese steady. Good Eggs still higher and extremely scarce, Provisions quiet in all positions. No change in Wool, Hops and Hides. Cattle, Sheep and Hogs as previously quoted. Coffee market quiet and weak. * General advance in Coal Oil. Potatoes, Onions and Vegetables about the same. Pouliry and Game in good supply and weak. Not much fluctuation in Fresh Fruit. Bank Clearings. Local bank)clearings during the past week were $34,087,724, against $26,675,024 @Quring the same week last year. Internal Revenue Collections. eolh.-cflonl of internal revenue in this ng the month of September were Beer, §T8.254; grain spirits, $45- X epirits, $44.218; lists, $29,228; cigarettes, SZ)M mmo $1989; lpeml ; miscellaneous, ing & total of . aguinst $04557 1 Bepteomber, 1001 Government Fruit Crop Report. From the Crop Bulletin, United States De- partment of Agriculture, Washington, D. C., week ending September 22: In Michigan, Wisconsin, lowa, Miesouri, cate & good yield of apples of fine quality, but in the Ohio Valley, Middle Atlantic States end New England & generally light yield is in- aicated. New England—Shortage in winter apples, some blown off and dropping continues; cran- berries &n average crop. New York—Apples variable, crop generally o Jersey—Winter apples dropping badly in_places. Pennsyivenia—Vines damaged frost. Maryland end Delaware—Apples scarce, peare plentitul, p-u.h barvest over. Virginia—Apples short. Florida—Some complaint of oranges lplltun‘. A!kux::—Appl‘: crop llgh Kentucky—A poor; no peaches. Missouri—Apple gathering commenced; fruit of fine guality. - linole—s Apiss of Sne quality, fair yield ex- gouth, where poot, Ciest Virginia—Appies being gathered; light yield Ohio—No change in grapes or apples. Michigan—Apples continue promising. Wisconsin—Large apple crop being gathered; wild cranberries badly injured by fFost, bat injury on cuitivated marshes not Towa—Apples yielding above expectations. Kansase—Apples doing well and of unusually £ood guality. 18aho—Fruit shipping continues. Colorado—Cantaloupe the Arksnsas Valley. ered on western slope. Nevade—Fruits maturing rapidly. Oregon—Prune drying begun, crop apples promise well. Washiflgrzm Crop Report. The report of G. N. Ealisbury, section direc- tor, United States Weather Bureau, for the ‘Washington Crop Bulletin, week enAud Bep- tember 30, is as follows: “The past week was cool throughout, with several frosts. Several days were showery; on the 25th and 26th there were copious rains throughout the western jon end in the northeastern counties, but the central and southeastern counties the rains were light. They greatly improved pastures and meadows, helped late root crops, and pyt the soil in good condition for plowing and fall seeding, ex- cept in the central and southeastern counties, where enough rain has not fallen. Following the rains there were general frosts in the east- ern counties, which injured tomatoes, melons, squashes and other vines. Threshing was in- terrupted , but it is now gener- picking is also finished. ato digging is well under way. "The © s are now harvested or so far ma- thet it has been decided to make this the closing one of the season. On the 1 < of adverse weather in spring, & 'r(lvn ed drought in summer, the crops been fair to good, and in many cases ex- The bay crop was saved in prime ; two to three cuttings of alfalfa were Barley and fall wheat, where not killed, were very good crops, as they ured before the drought set in. . Spring eat was about averasge on low lands and mmer fallow, but below average on hill s and fall plowing in the driest counties. below average, especially on light il land, and there was more smut The total yield of wheat, al- up to ‘expectations, will be meari in the preceding season, on ac- greater acreage. Potatoes are of good only fair to average vield. The ght, but of excellent quality. irrigated districts, where the s been fine as usual, the fruit ed according to local conditions, e cases poor, and in other cases season about closed in Much fruit still ungath- light; nf Weather Report. (10th Meridian—Pacific Time.) CO, Oct. 4—5 p. m. E EE D O H sER83 2 1 g gEd &% ¢ EEZ2: £, 2 STATIONS. 2 EEEES 2R g W L o A £ £ : : 4 i%: Paker 76 Astoria Tiagstaff Pocatello Independence Y.os Angeles i L bbobobboboobbo000000000 BRRRR2883088 28285223858 PERE DR PEL EEFPRELERES Winnemucca . Yuma. 8 2 FRITELRLLRALEBREEHRLRER Clear WEATHER CONDITIONS AND FORECAST There has been but little change in pressure ver the western half of the country during the last twenty-four hours, A moderate de- rcssion overlies theWvalley of the Colorado. o rain has fallen west of the Rocky Moun- ains. GENERAL rommmnmmmmm hours ending midnight, Northern California—Fair Su becoming nds chang- Cloudy at night; Htm ing to fresh westerly. Southern Celifornia—Fair Sunday; Jight \\'\xlerly winds. and Vldllw—"-l.rm with fog &t nu'm northerly winds, changing to brisk whort ALEXANDER .G. MecADIE, Forecast Official. EASTERN MARKETS. — e s h New York Stock Market. NEW YORK, Oct. 4—There was much con- fusion and excitement in the stock mar. ket egain to-day which resulted in last prices at a level from 1 to 8 poluts lower than last night for most of the prominent active stocks, The faflure of the coal conrerence at Wash- ington to effect a settlement prevented the recovery which would naturaily bave followed from the refutation of yesterday's false rumors that the Comptroller of the Currency had over- ruled the decision of Secretary Shaw to remit the requirement ,upon the national banks to maintain a 25 per cent reserve agaiust Gov- ernment deposits. After an effective recovery the market received a second shock from the appearance of the bamk statement without change in its form to indicate the reduction in reserve requirements permitted by Secretary Shaw. That is to say, Government deposits are still included with the deposits and reserve requirement estimated at 25 per cent of the total, with the result that & decrease in the surpius is indicated of $1,417,425, bringing down that item to $1,819,200. The clearing- house committee was long in session before the bank statement was given out and »o statement accompanied it to show what policy dictated it. ~A footnote to the bank state- ment gives the amount of Government deposits with clearing-house banks. Whatever may be the motives impelling the action of the clear- ing-house operators in stocks jumped to the conclusion that for stock market purposes the position of the New York banks is to be regarded as though BSecretary Shaw’s ruling wes not in force. The fact remains that the retary’s permissive latitude upon the banks is available in case of a determination by the cleating-house to change its decision or to relax its rule at its own discretion. The marked strength of foreign exchange as & result of the week's easy money market and the shutting off of any hope of gold imports or even with some apprehension of possible @emand for gold exports probably influenced the clearing-house authorities. The Imperial Bank of Germany followed the example of the Bank of England and advanced its discount rate 1 per cent to-day. The London ‘Statist makes the point that political uneasiness in France is inducing the withdrawals of savings bank deposits and aggravating the pressure for money, leading to withdrawals of French credits placed with foreigners, Banking conditions had become such at the opening of the week that a considerable loan contraction was imperative and loans placed in the stock market were called in such large yolume as to run the call. loan rate up to 85 per cent and precipitate a crisis in the stock market. Monday evening the market closed in & state of demoralization and thers was grave fear that a panic would ensue on Tuesday. But the next morning the announce- ment had been made of the drastic measures of relief for the money situation offered by Secretary Shaw and there was a convulsive rebound in prices of stocks Which rather more than wiped out the semi-pani¢ decline of Mon- day. The nervousness and excitement of the trading decreased from day to day until the market settled down into dullness toward the end of the week. The level of prices had reached about that of last week's closing and was higher in some cases. So much for the market effect of the steps taken by the Sec- retary of the Treasury. The effect on the money market was equaily marked, but not so prompt. The extreme stringency of the mar- ket was relieved and & stop put to the forced liquidation in the stock market, but it has continued high in all departments. The con- viction emerged that high money rates are likely to be maintained for the remainder of the year. It is felt that a prodigal replace- ment of the relief fund in Stock Exchange loans Wwould endanger the situation again and the policy of bankers and large financial pow- | ers has been enough to discourage any re- | newal of speculative activity for the present. The steps taken by the Secretary of the Treas- ury are too well known to need recapitula- tion. Undoubtedly the most effective was the remission of the requirement upon national banks to maintain a 25 per cent cash reserve against Government deposits in their vauits, as those deposits are held to be amply se- cured by the Government bonds placed in the custody of the Government. As the Govern- ment deposits in the banks are over $130,- 000,000 it was estimated that this would re- lease $30,000,000 or over in cash to the money market, of which over $10,000,000 would be in vaults 'of New York banks. It was estimated from this that a basis would be established for additional credits of $130,000,000, but the present drain upon the banks grows out of the expanded needs of the circulation, which cannot be met by credits. The crop moving | period brings a large increase in the need for money to pass from hand to hand in the payment of wages and for small lots of farm produce in cash. The withdrawal of cash on deposit with the banks for these purposes necessitates a contraction of loans in the proportion of three dollars for every dollar withdrawn from the bank surplus reserves. As the credits of the banks were already placed up to their utmost available limits this drain upon reserves left no alternative but the drastic loan contraction which was threatening the stability of the financial fabric. As a large need fof additional circulation still re- mains to be met there is a disinclination on the part of thé bankers to put out loans agalnst the newly avallable cash, upon which further calls may yet be made. The easing of the local money market has also met with a prompt response in the forelgn market, showing the large extent of the outstanding obligations to forelgn lenders and their dis- position to rebuy them. Reports from Lon- don, Parls and Berlin indicate that money- lenders at those centers.are not disposed to extend_their credits in New York any further at predent and some dissatisfaction has been expressed with American collateral for loans. The exhibits of the Bank of England and the Bank of France and the Imperfal Bank of Germany show that they have lost goid in large amount and have been calied upon for large amounts of credits. The advance in the Bank of England discount rate from 3 to 4 per cent is an index of the straightened condition of the forelgn money market and the unwillingness to part - with any of their gold reserves. Next week the final 20 per cent installment on the British consol ssue calls for about $25,000,000 in the London money market. The pi Transvaal loan looms in the perspective and is expected to be of §250,000.000. A Japanese loan, a French loan, 2 Russian loan and loans to various small European governments are in the background to prompt the conservation of resources in the European centers. Our imports for Sep- tember were of record proportions. The prob- ability of further imports of gold beyond -an expected arrival of $4,000,000 at San Francisco next week s mot counted upon. Thi husbanding of bank resources is belleved to be imperative to conserve the safety of the mavkets for the present. It is very notable, however, that confidence in the prosperity of general conditions is unimpaired. Stocks were not sold willingly, even when méney Htll were highest, and’ only the the banks thémselves sufficed to .L“ Tiquida: g1y man- tion. The determination is is atil ifest to keep all the secured in holdings of stocks, Prices of bonds were well sustained. United States old 4s (coupom) -advanced % per cent and the new 4s declined 1 per eent as com: pared with last week's closing call. NEW YORK STOCK LIST. \ 00ana Colo !Gll'.h 24 pte Dela & vnv‘.’f la, Denver & R G.... Denver & R G ptd l-ér:- & rie 1st ptd. Erie 2d4 p‘(’d.‘ Hocking Valley. Hocklns Valley ptd Tllinois _Central. ... Iowa Central.. 200 45 45 45 Iowa Central ptd 200 51% Bl% Bl* K C Southern...... 34:2 34 34 K C Southern prd. o5 56 Lake Erle & West. 60 Erie & W ptd 120 Louisville & Nash. 187 hattan L.... 135° Metropolitan St Ry 139 Mexican Central. 26814 28 Mexican National, . . 600 103 19% 19 fll‘:ndht! S;Il.ou!l . ssses sases 111% cific 115° Mo, Kan & Tex. ao% lgu ‘g* 61 SK L&SF 1st (fl & BtL &S F 2 pra . % Bt Louls Southwest 100 3" 84 43 5t L Soutuwest ptd 500 o/ S T St Paul pid. %0 1 o Southern Southern Rallway. 17,500 Toledo, £t L , St L & West ptd Union Pacific nion, Pao pid W & L E 24 prd. Wisconsin * Cent. 200 Wis Cent pfd.. 300 Express Comnmle._ Adams American . United States. ‘Wells Fargo Miscellaneous— Amalgamated Cop. Car & Fdry.. Car & F pfd.. Linseed Ofl. Lin 01l pta... Locomotive.... Locomotv ptd. Am Smelt & Ref., Am Smelt & R pfd Anaconda Min Co. Brooklyn Rap_Trn. Colo Fuel & Iron.. Consolidated Gas. . Cont Tobacco pfd.. General Hlectric. .. Hocking Coal. Internasnl Pape: Internl Paper pfd.. Internatnl Power.. am Am Am Am Am Union Bag & kS Co Unlon B & P pfd.. U § Leather....... U 8 Leather pfd. g S Rubber... U 8 Steel... U 8 Steel prd. Western Union. 89 913 Total sales....398,400 Shares. CLOSING BONDS. U 8 refunding 2s, registered ....1 L& Mex Cent of Ga 5s. do 1st inc. Chi & Alton.3: 81 Wis Con Brunswick Con .. Comstock Tunnel. Con Cal & Va. Horn Silver Iron Silver . Leadville Con chkmg Val 43L‘100 Savage o |Slerra Nevada . {Small Hopes Stardard Nash uni Central 4s. 1s S A & Ar Pass 45, Ches & Ohlo 4‘6! l%%;south Plrn 48 3 Wheel & L B fi. 02’52 Cent 4s. Tobaceo BOSTON STOCKS AND BONDS, oney— 0 prefd ....... 89% Call loans .8@7 | Westingh Commn.108 Time loans ... 6@6%| Mining— Bonds— Adventure ... | Atchison 4s ......101%|Allouez . NEGG& Coke . 661 Amalgamated ... Railroads— Bingham . Atchison .. 887% | Calumet A Haeh Nw do prefd 1009 | Centennial ... Boston & Albany.208 |Copper Range Boston & Maine..195 |Dom Coal . Franklin Boston Elevated..155 NYNH&H...232 Fitchburg prefd. Union Pacific . Mexican Central. Gen Electric Mass Electric NEW YORK, Out 4. Isle Royale 4| Mohawik . .—The weekly bank statement was issued to-day in the form here- tofore used with the addition of a line giv- ing the total of Government deposits. The statement shows: Secesase [SLEINIL0} 508,200 requlred reserve $1, ; surplus $1,819, 425 mn\ml of United States deposits re $40, The Financler says: The New York bank statement of October 4 was made 12 the long-established rule, Loans $872,308,700, deposits $872,1 decrease $1,417,« reported, according ‘which includes United States deposits as rtquirh:s a 25 '¥It cent reserve. This was a decision ed reache day. The “officlal statement of Associated Banks employed in ng plus reserve of $1,819,200. by the clearing-house the New York last week showed, on the basis of calculation of net deposits heretofore the analysis, or including in such net deposits these public funds, a sur- The Government deposits reported to the Clearing House last week were trom the net deposits of ance with the ruling $40,769,300. Deducting this amount 176,000, in accord- e on Tuesday last by Lecretary Shaw, that a rescrve against such deposits when they were secured by pledge of Government bonds would,not. hereafter be re- quired, tends through & redllctlma in the re- serve 'requirements to - raise serves of the banks to '12.011525. source in analyzing the liplnlllxg. -pplying e bank state- Ihn e game of September 20, a surplus reserve of ' 0,102,526 would be shown Instead of a defieit similar man- . cs. bulls and stags, $2 25@5 7 ‘688 The daily lverlt' of bank u.flngl last week was $296,000,000, October settlements. The most notable changes in Joans were shown in §ains by three banks 300,000 and 2 lo- of $1,000,000 by one Changes e showed losses and a gain of by £ sz,aofl'oo by one uni. banks- of § Condition of the Treasury. WASHINGTON, Oct. 4.—To-day's statement of the Treasury balances, euhutu M“'.hn s oooooo & Teserve In the division Avuhnlo cash balance, w m 293; gold, $186,918,437." ' New York Grain and Produce. —_— % NEW YORK, Oct. 4.—FLOUR—Receipts, 28,901 barrels; exports, 51,241 barrels. Quiet again, buyers and sellers being 5@10c apart. . WHEAT—Receipts, 205,475 bushels; exports, 163,600, Spot, steady No. 2 red, Tc elevator; No, 2 red, 75%¢ f. o. b. afloat; No. 1 Northern Duluth, 80c f. o. b, afloat; No. 1 hard Mani- toba,. 80c f. o. b. afloat. A jump in the corn market sent wheat shorts to cover to-day. Sub- sequently prices eased off a little under realiz- mg Theelmwumyu% % pet de- Bl4c, closed T4%c; Decem- e 14* 74 1540, osed Tasgo. ES—Steady; Cullromlu to 25 pounds, 16¢; dry, 24 to pounds, 1 L—Firm; Domestic l!eeee. nflnlu, 80; cen- *Oe. No. L&:‘ 8.1 wc No. A, 4.50C; cut loaf, 5ilbc: crushed, 5.1Bc &?&m d.750y gramuss lated, 4.65c; Cubes, 4. COFFEE—Futures closed 10 to 20 points higher, - Total sales. 58,750 bags, mmam. Oe- fpber, 0%, N November, 5 «2& 5106 a0 a‘a’fl 98c; May, b.1 Spot Rio, qulet' No. " IDWICB. 5 9-14p. Miula, ddy; Cordova, T8 @120. Dm FRUITS. EVAPORA APPLES—Slower demand, but hotases. show but Httie @Ispostiion o shece prices on attractive varieties. Common are quoted at 5@6c; prime at 63c; choice at 7@ 7 c, and fancy at 8. RUNES—Continue quiet under fair de- mudl with spots guoted at 3%@7%c for all RICOTS—Also are firm at 7%@10%c in bo d n' \Cr Egs—%vlmom change at 12@l6e for peeled and 7@10%c for unpeeled. Foreign Futures. March. 65 10! 5 10 Jan.-Apr. 20 95 21 00 2775 2780 Closing ‘ Chicago Grain and Produce. H— CHICAGO, Oct. 4—Heavy rains in the Southwest and strength in corn were bull fac- tors in wheat at the opening. With favorable weather reported in the Northwest and the break in corn there was a corresponding de- cline in wheat later in the session. Local traders and outsiders were active sellers. Un- responsive cables, small cash business and moderate receipts had a steadying influence on the market. December opened %@%o to %@ %c higher at 70%@70%c. Heavy realizing carried the price down to 69%c. The close was %@¥c lower at T0c. The weather map was again the main factor in the opening advance in corn: The heaviest general rainfall of the season was reported during the past twenty-four hours and predic- tions were for a continuance of the unfavorable conditions. A large volume of business was transacted and although a decline was experi- gnced later In the sesplon on heavy realizing, the market in gen: was firm. December closed %@%¢ lown at 3934c. Oats were fair- 1y active and followed corn. December closed %@%e lower at 32 . Provisions ‘were irregular and weak, Janu- wer The leading futures ranged as follo'!: Articles, Open. High. Low. Close, Owgug No. 2— % ek @ ctober . December 0% 697 10% Tk 0% 0% 60% 59 59% 60 487 4935 44 43 433 October, new... 81% 81 814 813 December, new. Bfll‘/? 83 8215 82% May 34 83l 83% 16 90 16 90 15 65 15 70 1470 14 45 14 45 10 15 0 171 8 82% 886 82215 8 22% 125 1150 .‘Ilnulry . A% B uR 8 224 Cash quotations were as follow: Flour was moderately active and nrlcu & y; No. 2 spring wheat, 11% i T0c; No, 2 co :2:: No. 2 yellow, Xo. % oats, 38%@28%c; No, 8 white, *H 2 rye, “n fair to choice malting betes, BIQB80: Noi L faxsesd, §1 o7 ae.nE Ncrthmte 27; Hme timothy sced, $2 05 pork, ‘per bbl, $16 80@17; short Fibs sldes " (loose), $11 30G11 40 dry’ sajeed shoulders_(boxed), W 50; short clear sides (boxed), $11 50@11 67%; whisky, basis of high wines, $1 82; clover, contract grade, $10 25, Articles— Receipts. Shipments, 18, 800 88,400 On the Produce Exchange to-day the butter market was firm; eru.mm 1 Ycs fl..lnu, 15@20c. Eggs, %4¢. Cheese, steady; 10%@1i%e. Eastern Livestock Market. CHICAGO. CHICAGO, Oct. 4 —CATTLE—Receipts, 400, all Westerns; eteady. Good to prime steers, nominally, $7 50@8 ‘?éam to m;d‘hlm $3 75 5; stock a teeders, : oottt e B SO S @2 40; bulls, calves, $3@7; Texas fed stee 50@4 152.0 50; AWestern. stcers, te to-day, X 3 cholce heavy, $7 40@7 85, rourhhn., . ent: o7 1567 65; Ball o saick BEP—Receipts, 6000; sheep and BBG ly. Gmw cl'::lee wm.h P $3% to cholc m! 33 5085 BT native lambs, §5 ern lambs, $8 75@5 16. ST. JOSEPH. ST. JOSEPH, Mo, Oct. 4. goipts, 1700; stdekc cattle lower, cows' and helfers, £25 75 *fl W lambs, Cotore” snaep, | 1% 50@5 75; West- ~—CATTLE—Re- Nu(vu, ‘;q_g l'.oeken and teeders, 129 us;gm"s 1200; 5c higher; lisht and ght mixed, an vy, §7 25@7 40; ;pm,.%f’m'g‘r lSwm ik, $7 30. Exports and Impm.r NEW YORK, Oct. 4.—Total exports of specie from the port of New York to all countries for his week umm 1,423,808 in silver and imports of Teck Sers sdois in siiver and 3025400 gs i Bt G S S al e 01 T week Terded 2 513sin, sh0. e New York Metal Market. NEW_ YORK, OG‘L 4.—Trade in all metals was quiet to-day and changes from yesterday’'s quotations slight. For tin there was a quiet demnu which was more than met by liberal and the market c!md eny in tor 'mn t auoted at $24 05620 1 e L were mo depressinely :'::' i mwfl. St o mmmh;cl—donmmn&%c. New York Cotton Markef. NEW YORK, Oct. 4—The ocotton market opened steady with prices one point higher to two points lower. Bv‘:euhuon wuuug wm: .u."‘mn‘. “"m‘ rk“-d“ Soaed bull - Northern Business. g ond: o Strong o Bo ‘gi.xur. i lnun. others unchanged C.- | Chile KANE, Oct. 4—Clearings, $310,978; bal- ances, $80,556. Northern Wheat Market. ORBGON. PORTLAND, Oct. 4—VWheat—Quiet, vb.:t firmer; Walla Walla, 63c; Bluestem, 65c; ley, 64c, ‘WASHINGTON. ¥ Oct. 4. —Wheat—Unchanged; Blue- stemn, QB1AG; Cliby GG, Foreign Markets. LONDON, Oct. 4.—Silver, 23%d; French rentes, 100f; cargoes on passage, firm, but not active; English country markets, steady; In- dian shipments wheat to United Kingdom, 22,000; Indian shipments wheat to Continent, 1000. L(.JNDON Oct. 4.—Hops—Pacific Coast, new and old crops, firm, £6 10s@£7. LIVERPOOL, Oct. 4.—Wheat, flrm; mdlrdh . ta23.[1!01";“!, 6‘; g@fllfl fl%d. ‘Whut in ris, s ly; flour s, steady; county markets, firm; weather in nngiand. col d dry. COTTON—Uplands, 4.84d. pasmie L i — . s LOCAL MARKETS. L Exchange and Bullion. Sterling Exchange, oo flln — $483 Sterling Exchange - 4 86 Sterling 4 8T 02 07 50 45 W heat z;nd Other Grains. ‘WHBAT—The foreign markets were steady 0 firm, but not active. Chicago declined ¥c. The Chicago letter of Bolton, De Ruyter & Co. said: “‘‘Broomhall cables large world shipments éx- pected for the week responsible for the weak- ness in Liverpool market. It is said that the shipments will 13,600,000 bushels; of which Europe takes about 12,800,000. Our market opened strong and higher, largely by the strength in corn. Commission house business was not large and trading was confined largely to local operators. At the ad- vance profit-taking and selling by the local crowd carried prices down below last night's close. We do not seé anything urgent in the situation and believe scalping market is all that we can look forward to at present.” The San Francisco market was not materially changed from previous quotations. CASH WHEAT. $120@1 21%c; milling, Shipping, $122%4@ 12134 et Gobblers and uman for Hens; young Turkeys, 1 Geese, 50@1 75; G““”fifi sfis‘wi 75 Ducks, 35 J068 Yoo old ‘and $5 for young; Hi $4@5; v Rmum h% Fryers, for large and $3@ stmm 5 dm very small way, the large recelvers are freely offering their stocks as low as 29¢, and close buyers can shade even this price. Much of the receipts per last steamsr remain unsold, With other steamers at hand. The market i3 ettty toptuacey. ue to advance, and sales for Mon- day at Aflin ln reported. " Fine ranch are so scarce that the commission merchants are ap- portioning them among thelr customers in half- box lots. Buyers are eager for supplies, and do not object to the N‘h prices. The medium lnd lower grade goods share the firmness of ranch, and are also rising, though not s0 npldly as ranch. Cheese remains steady at previous Receipts_were 18,200 lbs Butter, l'JBt'l’ and 900 Ibs Cheese. m h TTER — Creamery, m per tor 28@28%c_tor nrm moua. dairy, 2214@25c; atore Bumr. 11m per_1b; cold storage, Qnd. CHEESE—] E—New, nominal; len{ America, 13¢c; Ent.n. l‘“fllflu EGGS— “lflfl tw faney, for £00d and 85Q40 ¢ store, ne per dozen; cold st i We domen; cald araze, SGHe: Westarn Beae: Deciduous and Citrus Fruits. As usual on Saturday thers was stesdy lo- cal demand for choice fruits. ~Table Grapes wers the firmest article on the (ist and cholce offerings in large and small boxes met with quick sale. - The t3p. quotations for large open boxes were obtained only ‘for: cholce Corni- chon and Muscat. Offerings in crates met with & fair shipping demand. Black Wine Grapes continued to seil readily, but other descriptions were very dull. Melons, berries and tres were in free supply and prices stood about same. There will be two car loads of Cape Cod Cranberries on the market to-morrow, inost | of which have been sold to arrive at $9 per barrel. There was very little inquiry for Coos Bay. Wisconsin were unchan, Citrus and tropical fruits were in fair re- quest.# Fancy Lemons were held firm st an advance, but sales wers few. CRANBERRIES—Cape Cod, $9 per to arrive; Wisconsin, $9G9 50 pér bbi; Coos Hay, box. “RASPBERRIES—SWT per chest. STRAWBERRIES—356@7 per chest for Long- ces, 74 cases lose. | worths and $2@3 50 for Malindas, Open. High, . Low. - CI $121% §121% $121%. $1 % y 1. 1235 . 1.23% 128% 123 BARLEY—Futures wers, lower, but _cash g& in held up, though the feellng was weak. les were few. Several -ge operators, who have been bulls all along, I.\xrntd sellers. CASH BARLEY. Feed, $1 10@1 123%; brewing and grades, $1 18%@1 16; Chevalier, for fair to choice. December . Ma; 51 %098 55 FUTURES. Sesslon 9 to 11 80 a. m, Open. $1 1.1;/; u lua u 1322 81 ls;s OATS—An very -tronf Py it AL and buyers are forced to pay full figures, In fact, the markets all over the country are firm, The’ Chicago letter of Bolton, De Ruyter & Co. says: ‘‘Market opened higher on commission house buying. The weather, togstner with in corn, was a factor in price-making. The cash arcicie. was sleady 10 16 hgher: 1 the late dealings market eased off somewhat owing to profit-taking by local operators, who did not care to go home long over Sunday. We Stlll feel that Oats bought on the sharp breaks will not do you an: New White, o o0 o: Black: 81 01%o 116 for feed and $1 20@i 80 for seed; Red. $1,10g1 173 for_common to ot and §1 209 1 26 for fancy. CORN—The dealer who got control of the market several months ago and still holds all but a fraction of the spot stock quotes a very frm market, with fair sales. Prices are still higher, as will be se e Chicago lstter of Bolton, De Ruyter & Co. says:, “Unfavorable weather and the high- er cables ‘caused a stron £ opening, prices e s fng all the way from 03¢ to . “Brofit-taking by large local lntmst- was noticeable. Commission house business was on & very large scale, mostly on the buying side, Market has had a'sharp advance and quite an outside following has entered the market. While the market absorbed to-day’s selling | very well, we are still inclined to the opinion that long Corn, old on the rallies can be bought b‘xc:r:h“ llow, $1 4501 473; small ellow, round do, $1 50; White, nominal 5 RYE—Quotations are unchanged at $1 0214@ PO HEAT—Nominal at $1 75 per ctl. Flour and Milistuffs. All descriptions under this head still rule firm in sympathy with the raw grain, FLOUR—California Family Extras, $3 75@ 4 00, usual terms; Bakers' Extras, $3 65@3 75; Oregon and Washington, $3@3 25 per barrel for Family and $3 25@3 60 for Bakers'. MILLSTUFFS—Prices in sacks are as fol- lows, usual discount to the trade: Graham Flour, $3 per 100 Ibs; Rye Flour, u, Meal, l;’ 75; Rice Flour, $7; Corn_ Meal, T do, $4: Oat GF ts, 25 iny, lour, 5; Cncked Whenis” 50; Farina, $4 50; Whole gn 50; Sph: Peas, pounds. Hay and Feed:tufl‘s. Straw continues very flrm. with light sup- plies. Hay is also firm, receipts being moder- ate. Bran and Middlings are in light supply and stro orn ot ; HAY—wne-t, uoom. ‘Wheat and Oa u&% @12 50; Red $9@11; Wild Oat, $9@10 50; g‘ll;lt kxwfimcl;vr;fl'fim $7 606 50; Al RAW31%4G05 per bty - T O Beans and Seeds. 7 The boom in Beans continues, and prices are still going up rapidly, as will be seen. The feature of the markef, and one which is de- cidedly unique, is, that Michigan, which is the great Bean-productug State. s buylng 1o this market to cow.ncti not behu- able to fill m herself. Purchasés on this account are d to already -mfmnc to 10 030 or 15,000 sacks, chiefly whites, which will be delivered to the Eastern trade The damage to the Michisaa grop by excesaive rains is reported as high as amus—myu. $2 75@2 85; small hlle. gg 2503 50 x‘;gowwmm. 64 10; 0;, Pink, $2 50 A 3 ma, 1d- ne; T5: Blackese, 3 5069 15 Der ¢l $3 75; Yellow Mus- i Alfaltn, nominel; Rape 1% G20 340 per 1b. 5 PEAS—Niles, | $1 eom Green, #1 4061 76; Blackeye, §1 6061 80 per ctl Potatoes, Omons and Vggetables. Outside of the demand for local use there was no business in Potatoes, but as receipts were light the market ruled steady at sustained prices. The growers along the river are busy with the Bean harvest mnf glovnn! in, Pt‘;uwpfplmmd flrmly weets were in free supply an previous Four cars came in. Onions ere in uxm but ample supply and prices wers “fhere were but few changes in Vesetables. A Ree lots of fancy Tomatces commanded small premium, but the quotations covered the general run of offerings. The canners were buying at the bottom nte. Prices of Grees n Peppers were shads being la cumbers were in 1 ly and higher, Po'r TOES—Burbanks from the Tiver, 300 Salinas Burbanks, 90c@$1 eu, %s'nr)u 80@75c per ctl; Sweet p.,?:.' 1 26 per cll for Merced. OBk ONS—40GS% per ctl;” Pickle Onlons, VEGETAB!-I Corn, ;, String rlb heludmtwlr %MO-: per ctl; Tomn Easfern; Y uarter. B Butawier Bauasi, 758 per bt Marro: Squash, $6@8 per ton; nnnnd, $10. Poultry and Game. £01 ‘Wweather ‘Hare and Rabbits were easler, re- there is vm littled ary, $1 75 for large, $1 50 for HUCKLEBERRIE: s—&a«c per Ib. QUINCES—35@50¢ per box, BLUMS AND PRUNES-25@60¢ per box or S according to quality; large open boxes, APPLES—25@40c per box for common, 50@ 780 for_choice and 86c@$1 15 for fancy; extra tency, $1 25. P @$1 25 per box for Bartletts; Winter Pears, J0@Tte per vox. PEACHES—30@60c D Pommamu‘ms—wo‘m “for small hm- GRAPES—Seedless, 90c@$1 -per box; bella, 50g650 per box or crate; Tokay, m.u ger Bex or crate; Black, 35g6c . large open boxes, 75c@$1 25; Zintandel, $30@33 per ton; Mission, $26G28; other black varieties, $24@35; Muscat and To- kay, $18@20, MELONS—Cantaloupes, 75c@$1 25 Nutme; Der box with a few fancy | higher; Watermelons, $1@1 50 per dozen for | small and $1 75@2 60 for medium and large. FIGS—25@8c per box, according to size of °CITRUS FRUITS—Oranges, $1 5092 for seedlirgs and $2 25@4 50 for Valenola, accord- mg to quality; Lemons, 70c@$l for; common, 25@2 for cholcs and §2 50@8 for fancy: ‘Mexh:ln Limes, Bananas, | 2.50 per bunch for New Orleans and mn for $2G3 per dozen. Hawallan; Pineapples, §2 Dried Fruits, s, Nuts a and Raisins. FRUITS—Apricots, 6@70 for Royals and 8@12%¢ for Moorparks; Evaporated Apples, 5@ 6%c; sun dried, 8% @4%c: Peaches, 3%@ 7c; Pears, 3%@4%c for quarters and 3%@ e for halves; Nectarines, 434@Sc for white; Plume, 5@éc for pitted and 1@1%ec for un- r crate; pitted; Figs, 2%@3c for black and 8%@4%ec | for_white. PRUNES—1901 crop are quoted as follows. ik Sho ot Ses st The " 2 21/G23c per ib. 1902 crop, 2!‘02%:: s o four sizes. RAISINS—1902 crop are_quoted as follows: | 2-crown loose Muscatels, 50-1b boxes, 5S¢ per ib;"S-crown, Sigo; derown, Go; Sesdicss loose Muscatels, 5¢; less_Sultanas, Sc; Seedless ‘Thompsons, S%c; 2-crown London Layers, 20- 1o boxes, §1 30 per box; S-crown, §1 40; 4- crown fancy clusters, 20-Ib boxes, $2; 5-crown | Dehesas, 20-Ib boxes, §2 50; m-n Impe- rials, 20-1b boxes, $3; Seeded, Fretae fancy, 16 oz, 8%c; i2 oz, s;ga. h\lll. . S%ei chgles, 16 oz 0%c; 12 on, Sge; b UTS—Future Walnuts, = s s soft- sholl and 8¢ for No. 2 scftahell; 93" tor o 1 bardshell and 7%c for No. 2 hardshell, No. 1 softshell, 11@12¢; No. 1 hardshell, 10@i0%¢; No. 2, 7¢; Almonds, 10%@Il3c for No 1o@11c for 1. X L, 93%@10%¢c for Ne Plus Ultra and {aue fo Tansuedoc: Peanuts, S@Tc for Bast ern; Brazil Nuts, 1212%c; Filberts, 139134 Pecans, 11@13c; Cocoanuts, §3 HONEY—Comb, 11%@l2%c for bright and 10@11c for light amber; water white ext 5@bc; light amber extracted, (@00, dark, 4c. BEESWAX—27%@29 per Provisions. 5 No. 2, <5 Chicago reported general buying, though quotations were rather lower on the day. The Chicago letter of Bolton, De Ruyter & Co. says: “Market opened strong on b\lyl.n‘ by local crowd and the strength in Corn. in the session the advance was lost on lelhn‘ by a leading packing concern and realizing by longs In general. The situation remains 1gh, packing interests are friendly to the product. Hog receipts at Western points 21,000 against 33,000 a year ago.” Thhdmlrket is quiet, featureless and un- change CURED MEATS—Bacon, neavy, 14%c for light mhm. Py lum. 17@17%¢ for extra light, 18@1%c for _sugar- cured and 20c for extfa sugar-cured; Eastern sugar-cured Han.s, 16@15%¢; California Hams, bl; *extra Sal ; Plgs’ Feet, $4 T5@5 @14c per pound. LARD—Tierces, quoted L ufi c b for compound and 13c 'g.‘f: bed la%c. s-na tins, pure, 133c; 10-l1b 13%c; 3-li Kib Paeah: S o hfium 9% 'z&"um-, alf-barrels, 9%c; one ' tWo. tierces, $3c; five tlerces, 9%c per Ib, Hides, Tallow, Wool and Hops. All descriptions remain as previously quoted. HIDES AND SKINS—Culls and brands sell about 1%c under quotations. Heavy Salted Cow Steers, 1lc: medium, 10c; light, 8le; Hides, 9c for heavy and 8%c for ll‘h St 7c; Salted Kip, 8%ec; Salted Veal, “ Cait, 10c; Dry, Hides Waole o, Kip, 11@13¢c;: Dry Caif, l&e Culls Al‘ul Hl’lndl, 15@16c; Sheev'kuu. l lings, 26@30c medium, 63@ ! Horse num. mum. 3 25 for small and Goe for colts. Mexican, 32%c; dry saited Dry dry Central American, H*c. Goat Prime Angoras, 75c; large and medium, ALL 1 fendered. 5%e per Ib;/Ne. 5 mosow_m 2403 ic; grease, e e !ay Ounn fln.. llol‘tc. coarse, 16@16¢ Fall 5@10¢ J nln. do, Lambs, 8@11c; Northern® free, u.ue. defec- {ive: 10812 per Ib; Humboldt aad Mendoctno, HQPS—20@22%c per Ib. San Francisco Meat Market. Prices have not changed much since the first of the week. Supplies o Hogs are light, 2 for small and 50c for colts: !kln.— | ¢f Beef falr, and of Mutton larger than they {have been. DRESSED MEATS. Wholesale rates from slaughterers to dealers are as follows: —O"fe for Steers and 5@6c per Ib for VEAL—LI T@8%c; small, 8@9c uu'non—wmm. asThor "Bvee, Sorits Mx‘.:'n—c%.emlnfw-mmhmr PORK—Dressed Hogs, a%flc per Ib. LIVESTOCK MA! - The _following quouu.-. are tor good, sound Livestock delivered in San Francisco, Wfim:uflnhahm i thos thin Comn ‘ethes 13 8 ; Cows and Helfers, i, Satke ewen “SRa8He $2 8082 75 per AUCTION SALES 50,000 Bankngt Sock WALLPAPER ~ WALLPAPER At Auction. BY CATAINU'I T0-MORROW AND mfl. PSS o a 62 Head AUCTION NINTH AND HARRISON TUESDAY, Oct. 1, mx,ip.- Al lQntl.. hrnh to drive, ‘Will be sold for pasture bill. k= Dontrmmo big -lcotnnuwrn-l 2 surreys, 10 business, 4 top milk, b exproas snd 4 peddl w.g-,m llll(l. and double harness, 1140 Folsom st., TUESDAY, October 7, 11 a. m. B ™ 2 8‘%{:‘. ‘ol‘h“ew live weight; yearlings, Live Hogs, 250 Ibs and under, 6 . 6%c; under 150 Ibs, aumn. Sseters, 806 sows, 20 W cent off; boars, 50 pe: fl. md stags, 40 per cent off from above ms, © General Merchandise. . BAGS—Grain Bags, 5%@6%e; San o—m 805 Wout s S0SEa I‘&" i &; Frult Bags, and 6%40c three iiea o cotton and $4.@8%o fof brown fute. cou.—w-uxutnn. $8 per ton; Southfield ‘Wellington, §8; Seattle, $6 50; Bryant, 38 80; Roslyn, §7; Coos Bay, $5 50; Greta, §7; Wall- send, $6 50; Co-operative Wallsend, $6 30; Richmond, $7 50; Cumberland, $12 in bulk and $13 25 in sacks; Pennsylvania Anthracite Egs. ——: Welsh ' Anthracite Egs, $13; Cannel, $9 per ton; Coke, $15 per ton in bulk and $17 in sacks; Rocky Mountain descriptions, $8 45 BeE 2000 Ibs and §8 30 per ton, ascording to OIL—Linseed, 57c for boiled and 580 for raw in barrels; cases, Sc more; California Castor Oll, in cases, No. 1 70c; pure, $1 16; Lucol, 50¢ for boiled and 48c for raw, in barrels; Lard Oil, extra winter jtrained, barrels, 95c: cases, $1; China Nut, c per gallon; purs Neats- foot, in barrels, 70c; cases, 75¢; Sperm, pure, T0c; Whale Ofi natural whits, 50@55¢ & ‘Lllnn Fish Oil, in barrels, 45¢; cases, Cecoanut Ofl, in barrels, 63340 tor Ceylon nld 883 for Australian. COAL OIL—Prices are higher. WAW ‘White sl OlL i bulk ng Pearl cases, va- Gasoline, ln bulk, 17¢; in m 28 do. 13 degrees, In bulk, 18%c; 1n cases, 330; Benzine, in bulk, 16c; in cases, 22%c; 86-de- gree Gasoline, in bulk, 2ic; in cases, 27%e. TURPENTINE—67c per gallon in cases and 6l in drums and iron barrels. RED AND WHITE LEAD—Red Lead, 09 6%c l?!l' Ib; White Lead, 6@6%c, according to q“'n % Y llows, pound, in 100-ib JuOte as W DIBY oy %m and Fine . ! Dry Granulated Fine, 4.23¢; Dry Granu- fited’ Coaese, b.20 Granulated, 4.3%e: e order taken for less or equivalent. COFFEE—C. B. Bicklord's circular gives the receipts at this port year at 185,974 bags, against MS}I !or t.h- same time in 1901. hands “September, usually & for Coffee, has been a dull heavy one. “The advance guaral in New York during the middle of August and lasting about a_ fortnight has entirely subsided and prices of Brazil Coffees there are nearly at the low- est _point of 1902, “Heavy receipts at the Ports of Brazil— customary always this season of the year— en increasing visible supply now more than 12% millions of bags, and skepticlsm as to the true value of the frost reports current last month from Santos, have been sufficient to sway sentiment the copinterest is now centered il the reports to e regarding flowtrtnn in Oclobl'r to Mean- while it cannot be sald that confidence in a better market than the one has been entirely lost on all stdos. ““This view, however, I3 ‘acceptable mon;-nmnunuanotnwumm. trade, who will not uu- R Ly lower buu. S Guring th 5000 lnnz hnny at de- cunu of ;se "o 130, according to grade, the Figher qualities suffering most. ‘‘Based upon these sales we mhlnlt Tevised quotations with the remark that some of the larger importers still adhere to former figures. Costa Ricas were not sold. Pl i M T ot or fancy washed; 13%e for prime washed; 11@ 11%c for good washed: 114 @13¢c for 'M m prlme wuhod pub-rry' 10@1lc for good prim 10%@11%o for good to Tetmer TGo%e Tor mr. 530734, Prim wasked: 53 ¢ for good washed; for fair washed; 9%@10%c for g00d to prime washed peaberry; 834/ for §ood to prime semi-washed; 8%@9c nom. for superior unwashed; 8%c for good un- washed; 8%@9c for good to superior unwashed rry; 5@6e for N 11@130 for prime to taney 8%@10%c for fair to strictly good $@8%c for good to superior unwashed: prime unwashed peaberry. mala and Mexican—11@14e for prime to washed; lo%ewxc for. g00d washed 9’ ; 8@9¢ for ‘washed .,figmo for nedlnm. 4@8c for m‘:‘:- dinary; 81;;011«: for ‘.o::‘ terry; prime peaverry; 508%: for .vod wmm““.-:e ™Market quiet and weak. Deliveries from first hands since m un ultimo include: bags 2421 Salvador, l&fllflw Mexican and 1949 various; in all, 16,463 Receipts of Produce. SATURDAY, OCTOBER 4. Flour, qx sks... 13.370|Pelts, bals.. Py Wheat, ct 11758 ides, number.. 569 44,084 |Rasing, bxs. 700 1145 | Quicksitver, fike. 145 6.229| Leather, 108 1,902|Wine, gals...... 19,350 2. 62 369 203 400 90 220 20 1,200 | STOGK MARKET. £ d The sugar stocks were the active omes yes- to and Wi : —A dividend of § -'-:E;L- qznnucmn-m - will a