The San Francisco Call. Newspaper, December 21, 1902, Page 39

SUMMARY OF THE MARKETS.' Local Bank Ci learings increase over $8,000,000 as companed with the corresponding week of last year. New York Stocks rather firmer on the day. Local Stocks and Bonds continue quict. Exchange unchanged. Silver a fraction higher. Wheat and Barley quiet and. featureless. Oats, Corn and Rye as previously quoted. Hay, Beans and Fepdstuffs quict and tvithout change. Buiter and Eggs weak. Cheese steady. Dried Fruit and Raisins as before quoted. Provisions tame at unchanged quotations. Wool, Hops and Hides firm, but inactive. 3 Nothing new in Cattle, Sheep and Hogs. Potatoes, Onions and Vegetables in good supply. Not much change in Poultry and Game. Fresh and Citrus Fruits continue in ample supply. Prunes moving off freely for export. Bank C Iean'ng:. The loeal bank clunnu duris the it week were $32,425.400, against 824:" ei D::— ing the same week last vear. W eather Repart. (120th Meridian—Pacific Time.) SAN FRANCISCO, Dec. 20—5 p. m. The following sre the seasonal rainfalls to auo, es compared with those of the same date ast seaon, and rainfall in the last twenty-four THE COAST RECORD. E o = - 2 % Esis g Egie Eo STATION— § S535 58 © E 383° % S B .30.22 NE 30.38 Nw +30.22 Nw .80.2¢ N .30. w Pt Cldy- .00 .30. NE Clear .00 | 30 SE Clear .00 .30, SW Clear .00 w Clear .00 BEspukiEEiBRLy BEE SRR RERRREREEREE ARERLSBRTRRLARLRERERNEES ERBAREAREEE RS RERBERET NG .30, oW A .30, 8 Pt Cidy .22 230, W Cloudy .02 80 W Clear .00 N Clear .00 CONDITIONS AND GENERAL RECAST. By courtesy of the Pacific Commerdal Cable Company the foUowlu weather report has been recelved Pacific Ocean: *‘Latitude 30 degrees 18 msmne- north, longitude 139 degrees 28 minutes west—Total cable laid 1054 knots. Heavy, confused sea now subsid! pressure risen jaly along the The rapidly along the coast from San anclm north and a disturb- ence over the Washington coast has disap- peared from the limits of observation. Rain has fallen from Eureka northward. The weather is warmer over California and Nevada. In the great valley conditions are bout mormal. P made at San Francisco for thirty hours ending midnight, December Northern = California—Fair Sunday; Mght ortherly wind. - t.hm, C&ll!ornh—Fl.ll' Sunday, not so cold; fresh mortherly wis Nevada—] Sunday. Francisco and vicinity—Fair Sunday, not ; light northeast winds. ALEXANDER G. McADIE, Forecast Official. P AT S v RSP EASTERN MARKETS. — New York Stock Market. NEW YORK, Dec. 20.—The _stock market opered the past week with & threatening b in prices, which promised a return of the de- moralized conditions of last week during the period of forced liquidation. The announce- ment was made on Monday of the formation of & “bankers’ protective pool,” the subscrip- tione to which amounted to $50,000,000. This sum was to be placed at the disposal of Presi- @ent Baker of the First National Bank, Presi- dent Stillman of the National City Bank and 3. P. Morgan @s & committee, and to be lable for loans on call In case of an in the momey market. The liguidation In the money market was immediately checked and some recovery ensued. The effect of this measure was in some 8oubt for two days following, but it was ultimately the cause of restoring a large degree of confidence. Supplemented by other favorable factors the result was to remove the general feeling of depression and to induce a recovery in the stock market. Suba without s dollar Of the being drawn upon. The knowledge of the oxmm of this reserve fund &s # contingency to iInduce freer offer of funds from nu:u‘ sources and to unlock some rescurces that had been jealously guarded, either from timidity or from a desire to take advantage of rates, which were quite generally ex- to rule before the end of vear. for money have steadlly declined during the week, six months loans being shaded to m‘wwflmmmmmlmm for ehorter periods has disappeared. Upon the first announcement of the formation of this bankers’ pool there was some disposition to attach a sinister significance to it as & symp- tom of & more serious stats of affairs in New York than had been generaily expected. The measurc does not differ in any kind or degree from thow adopted st previcus times of crisis, ‘except that measures call for such i provisions. hese weem to have met with satisfactory response the grew that the to Jarge of grain bills, and it is Sesuit in increused takings for export and in s lenishment of the exchange M “II?tlfll. b w or some past. Londo 2 & moderate h\lnr of stocks in the Ne'.mofmnmmw_e lP:nn";e of yl- bhh*mm.‘culnfl- 4 on the part of foreigners Which they isly etrained trom taking at the level of recently pre- ing was a in providing means to the somewhat overstrained its. An superstitious dread to of i anniversary on Wednesday without trouble un- doubtedly prompted buying of stocks on the part of those whose fears had. been aroused. Very large short lines were covered throughout the week and this was a substantial aid to the recovery. especfally in some speculative fa- vorites where organized pools have directed a campaign against the shorts. Bpecial factors have also helped some stocks, such as the ab- orption by the United States Steel Corpora- tion of the Union Steel Company. the possible benefit to Sugar from the recent reciprocity treaty, the. better conditions in the copper trade,” etc. Many rumors of other develop- ments have also figured in the market. The fact is not lost sight of that heavy syndicate and other requifements remain to be met be- fdre the end of the year, but feeling is much more confident that the emergney has been adequately provided for. There was not much significance to ‘to-day’s desultory trading in stocks, which was almost wholly in the hands of professional operators. Commission houses reported a_falling off in the recent renewed business. This market is disposed to take on an attitude of waiting after the week's covering movement. realizing that the money market still bas heavy demands to meet notwithstanding the feeling of greater confidence in its ability to do so as the result of the existence of the bankers' protective pool. The bank statement emphasizes the de- sirability of conservatism in the use of the creditors, The stock market rallied sharply after the selling incident to the bank state- ment and closed firm. A sudden spurt in Sugar helped the final rally. That stock had been strong throughout, apparently on the ground of the prospect of the adoption of the Cuban reciprocity treaty. There was also an animated speculation in Texas Pacific. which rose to 47% and fell to 39% under heavy offerings. There was some investment demands for bonds | which were firmly held. The bond market moved in sympathy with stocks. United States new 4s declined 3% per cent as compared with. the closing call of last | week. NEW YORK STOCK LIST. & Sales. High. Low. Atchison . 6,400 S2% 81!1 Atchison pi 100 Y815 Balt & Ohl 5900 981 Balt & O pfd. 200 9215 - Canadian Pacific . 1 Canada Southern. Chi & Ohio . Chi & Alton. Chi & Alton pfd . Chi, Ind & Louls, Chi, Ind & L pfd Chi’ & East Illinois Chi & Great West Chi & G W A prd. Chi & G W B pfd.. Chi & Northwest.. Chi Term & Trans Chi Ter & Tr pfd.. C, C, C & St Louis. Colorado Southern. Colo South 1st pfd Colo South 2d pfd. Delaware & Hud. Del, Lack & Wes Denver & R G. Denver & R G pi Tilinois Central. lowa Central. Iowa Central pfd. Lake Erle & West Lake Erfe & W pfd Louis & Nashville Manhattan L.. Metropolitan st R; Minn & St Louis. Missouri Pacific 1 Missouri, Kan & T Mo, Kan & T pfd.. New Jersey Central New York Central Norfolk & Western Norfolk & Wes pfd Ontario & Western. Pennsylvania Reading .. Reading ist pfd Reading 2d pfd. Bt Louis & Sen F St L &S F 1st pfa St L & S°F 24 ptd St L Southwestern. 8t L Southwest prd St Paul St Paul Dfd Wheeling & L Erie W & L E 2d ptd. Wis Central . ‘Wis Central pfd. Express Companies— Adsms .. American United States Wells Fargo . Miscellaneous— Amal Copper . Am Car & Founflry Am Car & F pfd Am Linseed Oil. ‘Am Linseed Ofl pfd Am Smelt & Ref.. Am Smelt & R prd. Anaconda 'lln‘ Brooklyn Rap Tr. Colo Fuel & Irol Cons Gas .. Cont Tob ptd. Gen Electric .: Hocking Coal Internat] Paper, Internat] Pap pfd. Internatl Power . Laclede Gas ... ational Blscuit . ational Lead . North American, Pacific Coast Pacific Mail People’s Gas . Pressed Steel Car, . Pressed Steel C pfd Pullman Pal Car.. JRepublic Steel . Republic Steel Dfd. Bugar Tnion B & Fap Co, Union B & PCpfd U 8 Leather.. 7§ Steel pfd ‘Western Union . KC Soll(hel‘ll pra.. Rock Island .. Nat Ry of Mex. Total sales. UNITED RAILWAYS OF SAN FRANCISCO. NEW YORK, Dec. 20.—Curb quotations, Tnited Railways of San Francisco: Bonds—No h:dklofl 91 asked. Subscriptions—%4% bid, 47 [t NEW YORK CLOSING BONDS. Us Us Us Us U S new 95 U 8 new 81% U S old 4s 03 U 8 old 48 04 U S bs reg. 351 U 8§ 58 coup. 0315 Atchison gen 4s. 72 Atchison adj 4s. 00 Balt & Ohlo 4s. 96% B & O 3%s \112% 2 | gained over $ol tB & O cony 4= Canada So 2ds. Cent of Ga b Cent Ga 1st inc. Ches & Ohio 41,a 1031 So Pacific 4s. Chgo & Alt 33is.. 79 So Railwey bs. 514 & Pac 1sts 5 % Unfon Pacific 35 1081 |U Pac conv 4s 98 " |Wabash 1sts 86 Wabash 2ds . 9115 Wabash deb B Den & Rio Erie prior lien 4: Hocking Val 41gs. 160 MININ Adams Con . Alice 03/Phoenix 05| Potosi 10 Savage 25|Sterra 89/Small Hopes. 3|Standard ... Horn Stlver iron Silver . Leadville Con BOSTON STOCKS AND BONDS. Money— Do pfd ..... ... 84 Call loans 5% @6% | Westinghouse com 94 Time loans 8 @7 Mining— Bonds— Adventure 4 4{Allouez . |Amalgam: ex Cent |Daly West Rallroads— | Bingham . | Atchison sovne 825(,'( al & Hec! Do pfd . s |Centennial ...... 'Ro:t(m & Alhnnv 2581/, Copper Runze .20 B8 | Boston & Main 125 | Boston Elevated. 8% N Lste Boym- 914 Fitchburg pfd Union Pacific . O Domiaion ... 10% Ce Osceola. . Parrot Quincy . Santa Fe Copper. 4 Trimountain . o1 615 Trinity ... [United States 211 Utah . 2574 Victorla 41y ) {|Winona . 4734 7S Steel . 347.‘\\ olverin 58 LON LOSING STOCKS. Consols for money 927 Nor & West . Consols for acct.. 93 |- Duv pfd Anaconda 5 S Atchison Do prd . 10134 | Reading Balt & Obi Can Pacific 185 | Ches & Ohlo Chi Gt Western . Chi M & St P. Den & Rio G Do 1st prd D2,2nd btd v, 3% @4 per cent.. . The rate of discount in the open market for short bills is 4 per cent; for three months’ bills, 3 15-16@4 per cent. Associated Banks’ NEW YORK, Dec. 20.—The statement of averages of the clearing-house banks of this city for the week shows: Loans, sa#‘:,sm 300; decrease, $3, Statement. 0,200. De- | posits, $867,856,000; decrease, $5,875,200. Cir- eulation, $45.015.700; increase, $ Legal ,li!\ 079,000; increase, $1l 00. Specie, decrease, $1,880,700. Reserve, decrease, $1,762,100. Reserve re- $1. sur- Ex-United §: deu\.‘u*e. $284,975. The Financier this week says: According to | the estimates of known money movements in | ana “out of New York last week ‘the banks, ,000 in cash, but the' bank'] statement of Saturday, compiled on averages, | showed a loss in cash’of $1,762,100. This de- | | | crease, m so far as it affected surplus re- serves, was offset In large part by a reduction of $5,875,200 in deposits, the excess reserve falling only $263,300 to $8,903,600, which is & | loss of §2,600,000 above the total of a year ago. The decrease of $5,510,200 in loans is a bélated record of the previous week's liquidation, as nothing of importance has occurred in the pres- ent market to indicate much of a change either way so far as bank loans are concerned. The deposit decrease coincides with the loss in money and loan contraction and fs thus ac- counted for. The total of loans is still in ex- cess of deposits by $8,000,000, but when it is recalled that the national banks of New York alone have increased their capital and surplus within the past year by $41,000,000, this light excess of loans loses any importance that otherwisé might attach to it. Speaking in gen- eral, the bank position for this season of the year is sound. The early movement of money from the interior, noted in the previous week's statement, continues, the banks having gained from this source alone within six days over $2,000,000. There is every indication that this movement will be continuous, aithough the activity of business at all centers and the changing conditions in the position of country banks may interfere with it to some extent. 1t is not to be overlooked that loans of banks outside of reserve cities have expanded in three ars over $235,000,000, which is a larger in- crease than reported by the reserve cente:s themselves, and this foreshadows a general de- mand for funds in what may be designated as country districts and which may retard the flow of money to this and other important points. Still, the metropolitan banks have never failed to gain heavily in cash with the beginning of each year, and the same experi- ence is to be anticipated now. The heavy dividend period now approaching may result in some shifting and disturbances in the mar- ket for a week or two, but these will be only temporary in character. The formation of the bankers' pool, the fall in exchange and the completed liquidation in the stock market lead to the logical conclusion that the money market for a few weeks at least will cease to be the center of absorbing interest in financlal cir- cles. With the gradual fall in interest rates, however, the exchange situation possibly will strengthen to the point where gold exports will have to be taken into consideration. Such exports are not regarded- as an immediate factor. Exports and Imports. NEW YORK, Dec. 20.—Total {imports of merchandise and dry goods at the port of New York for this week were valued at $10,332,808. Total exports of specie from this rt to all countries for this week were $261,! gold and $691,400 silver. Total exports of specle at the port’ of New York for this week were $28,134 gold and $63,394 silver. P # New York Grain and Produce. ¥ NEW YORK, Dec. 20.—FLOUR—Receipts, SAN FRANCISCO A Y, trading was light. English cables were higher, the weather in Argentina was reported threat- ening and with a blizzard raging in the Northwest, a good demand existed throughout ihe entire day. There was a ®ood foreign de- mand, which was one of the principal factors in the better prices. Sharts were good buyers, and there were also consjderable buying orders on investment account, Toward the close there was scattered liquidation and the market eased off = trife. May opened %@%c higher at and ranged between 77%c and u closing % up at TT%e. ‘hére was only a limited Volume of ‘business transacted In corn, and it was principally of & Jocal character. Scattered liquidation in the latter part of the session resulted in an easier tone and the close was a little lower, May o lower at 43%@4314c, Degember ciosed ¢ down at 45%e. Oats were strong on good local buying. May closed K@%c higher at 3334@33%c. Provisions were strong on better prices for hogs and small receipts at the vards. The close was strong and up 15c for January pork, lard 10c higher and ribs T3c higher. dy. Winter $3 40G3 50; straig) S5 10@3 patents, $3 400 10; ratghin, 03 $2 0083 30; spring pat- 20; bak- ents, ers’. §2 25@2 The lend!ng utires xavesn’ as fallomi: Articles— Open. High. Low. Close. ‘Wheat No. 2— 3% % ”3% =i 7 7 7 41, Tl T ki MY T 4% 8% T4y Corn No. 2— i December . 461 46% 45T, 45T Joupaty 46 46 451 4514 48% 43% 433 431 Oty No. 3= Dec., new 31% 81 315 8i% May’ 3305 33! s % Mess Pork, per barrel— 16 50 16 623 16 50 16 €0 15 77% 16 00 15 7% 15 97% Tard, e 100 pounds— December . )30 1030 1025 1025 January 911 9 8214 "9 77% 9 82% May 925" 9173 925 hort Ribs, per 100 "porinda— January 8 40 8 4 8 40 8 45 May .. 837% 850 837% 8§00 Cash quotatlons were 88 follows: No, 2 spring wheat, 74Q16e; No. 3, 72074%4c; No. 2 red, T3%@74%c; No. 2 corn, 45%ec; 2 yellow, 45%0; No 2 oats, S5 N lhec; No. % rye, 483%e; Eood feeding barley, x.vaxc mr to e\m«:o malting, 45@b66c; No. flaxseed, §1 15; No, 1 Normwemm. B prime timothy ceed, $3 65; barrel, $17; lard, per 100 poundn sw z,gio ao short 'ribs’ sides (loose), $8 S J1lias o salted shoulders (boxed), 2548 50; - short clear sides (boxed), §8 62%. clover, contract grade, $10 75, ¥ Articles— Receipts. Shipments. Flour, barrels . 6,000 26,000 Wheat, bushels 8,000 Corn, bushels . 100,000 Oats, bushels 153,000 | Rye, bushels 1,000 Barley, bushel 25,000 DECEMBER 21, i 1902, grades, $1 25?1 27%; Chevalier, §1 85.1 60 for fair to chol FUTURES. Session 9 to 11 a. m. Open. High. Low. Close. December ... Nn sales. May ... 1201 $120% §120 §120% OATS—The market remains as previously quoted and trade is quiet. The bids submitted fo the Government for the 750-tom order al- ready mentioned ranged from §1 413 §1 5ite, with lhe usual requirements, such u double” sacks, etc. White, $127%@]135: Black, $1209125 for feed and $125@1 30 for seed; for common to choice and $1 32%@1 35 :w fancy: Gray, $125@1 27% per ctl. CORN—The domestic article is nominal and not much in evidence at the moment, as there is none offering. Western continues to arrive, 1000 ctls being received yesterday. Trade 18 Quiet ‘and the market is wesk . The Chicago letter of Bolton, De Ruyter & Co. says: “There was again the bullish inceniive of wet weather throughout the West, but it be- ing Saturday there is enough profit-taking to close the market a little soft. Cash demand g00d for all grades of corn and exports con- tinue to have an increasing tendency. Low grades are pretty much all selling at relative- Iy better prices than the May. Either the cash corn is too high or the market is dis- counted too much we think.”" Western (sacked) is quoted at $1 25@1 35 for Yellow and $1 25@1 3215 for White and sl 25 for mixed; California, Large Yellow, mall round, do, nominal; White, nomi- nul gyptian, $1 25G1 35 for White and $1 15@1 25 for Brown. RYE—$1 12%@1 15 rer cental. BUCKWHEAT—Nominal at §1 75@2 10 per cental. Flour and Millstuffs. * FLOUR—California Family Bxtras, $4 209 4 45, usual terms; Bakers' Extras, $4 10@4 20; Oregon and Washington, $8 50@3 76 per bbl for Family and $3 50@4 for Bakers'. MILLSTUFFS—Prices In_packages follows:_Grabam Flour. $3 50 per 100 Ibs: Rye Flour, 25; Rye Meal $3; Rice Flour, $7; Corn ‘Meal, $§3 25@3 m, extra cream do, $4@ 4 25; Oat Groats, :‘5 ; Homirty, $4 BucKwheat Flour, 75; Cracked Whea B irva, S50 Whoo Wiieat Flour, Rolled Oats, b-rrel- ST S 56 3 ; Spil O s i gy g oA haae, Hay and Feedstuffs. Previous quotations rule for all descriptions and the market is without new feature. RRAN-—$18 50@19 50 per ton. MIDDLINGS—$22 50@24 50 per ton. FEEDSTUFFS—Rolled Barley, $25@26 pi ton; Olicake Meal at the mill, $2426: Jobbing. $26 50@27; Cocoanut Cake, $3 1@22; Corn Meal $30@31; Cracked Corn, $30 20@31 50; Mixed Feed. $20021; Couonseed Meal, 50. HAY—Wheat. $13@16, with sales at $16 50; On the Produce Exchange to-day the Butter market was steady. Creamerles, 18@28%c; dairies, 17@25c. ~TFgsgs, firm; fresh, 25c. Cheese, firm, 13@l4c. 1 Foreign Futures. e 5 LIVERPOOL, = Wheat— Dec. March. May. Opening .... 6 1% 6% Closing ... 6134 67 Wheat— Dee. May-Aug. i 21 60 21 65 28 60 Closing 28 60 Eastern Livestock Marlzct CHICAGO. CHICAGO, Dec. 20.—CATTLE—Recelipts, 200; market strong. Good to prime steers, $5 40@6 50; poor to medium, $3@6 25; stock- ers and feeders, $2@+4 50; cows, $1 25@+ 50; heifers, $2@5; canners, $1 25@2 40; bulls, §: @4 40; calves, $3@7 25; Texas fed steers, §3 75 @+ 80. HOGS—Receipts to-day, 38,000; left over, 4000; 10@15c higher. and butchers, $5 00@6 30; good to heavy, $6 35@6 50; rough heavy, light, ‘45 60g8 05 bulk of sales, $696 30. EP—Receipts, 1500; sheep, dull; lambs, Good to choice wethers, $3 T6@4 40: $2 75@3 75; Western lambs, $4@5 35; 21,000; Monday, Mixed choicy nemse fair to_choice mixed, sheep, $3 50@+ 40; nnn\e ‘Western lambs, $4@3 35, ST. JDSEPH ST. JOSEPH, Mo., Dec. 20.—CATTLE—Re- ceipts, b78. Natives, $3 50@6; Texas and Westerns, $3@5 50; cows and heifers, §1 75@ 4 25; stockers and feeders, $3@4 40. HOGS Toteipte, thul Mediun ana Neavy, $6 10@6 32%5; bulk, . SHEEP—Receipts, 180. Yearlings, $4 50; ‘Western wethers, $4 25G5; ewes, $5. New York Metal Market. NEW YORK, Dec. 20.—Business was quiet in all branches of the metal market to-day. Prices were . generally unchanged. Tin was quiet at $25 50@25 65 for spot. Copper locally dull and nominal at $10 75 for standard, §11 65 for lake and §11 45 for elec- trolytic and casting. Lead quiet at $4 1214 for spot. Spelter quiet at $4 8714 for spot. Iron quiet and somewhat ‘mominal at last pri New York Cotton Market. NEW YORK, Dec. 20.—The cotton market opened steady at 1 to 3 points advance and ruled steady at about a point net advance. Northern Business. SEATTLE, Dec 20.—Clearings, $522,652; balances, $109, TACOMA, Dec. '20.—Clearings, $201,200; bal- ances, $47,671, PORTLAND, Dec. 20.—Clearings, $376,725; balances, $72, SPOKANE, Dec.. 20.—Clearings, $261,948; balances, $48,704. ® Northern Wheat Market. OREGON, PORTLAND, Dec. 20.—WHEAT—Walla Walla, 70c; blue stem, 7Sc; Valley, 75c. WASHINGTON. TACOMA, Dec. 20.—WHEAT—Steady; blue stem, 80c; club, 72c. Foreign Markets. LONDON, Dec. 20.—Consols, 93; silver, 22%d; French rentes, 99t 80c; wheat cargoes on pacsage, buyers indifferent; English country markets, firm; Indian shipments wheat to United Kingdom, 12,000; ‘Indian shipments wheat to_Continent, no LIVERPOOL, Dec. 20.—Wheat, firm; No. 1 standard California, 6s 84d; wheat in Paris, steady; flour in Parls, steady; French country markets, quiet and steady; weather in Eng- land, fine. Y COTTON—Uplands, 4.54d. 17,710 barrels; exports, .38,390; quiet and firm; | winter patents, $3 60@3 90; winter straights, 2 | $3 45@3 556; winter extras, $2 85@3 15; winter lew grades, $2 65@2 95; Minnesota patents, $& @4 20; do bakers, $3 25@3 40. WHEAT—Receipts, 94,576 bishels; exports, 40,225; spot, firm; No. 2 red, 80%c elevator; No. 2 red, 79%¢ £. 0. b. afloat; No. 1 Northern Duluth, 80c £. o. b. afloat; No. 1 hard Mani- toba, 86%c f. 0. b. afloat. The strength of cablés this morning combined with prospective bullish foreign_statistics on Monday and un. favorable weather West provoked covering by shorts and a firm forenoon market. The close was firm, helped by a moderate export lrld. at %@%C net advance. May, 80 13-16@S1 ciosed Sjjc; July closed 783%c; Decem e closed 83! rm; State, common to choice, 1902, HOPS’Ffsm 24@26c; olds, T@12: 20@37%¢; olds, 7 H Plclflf‘ Col!l. 1902, 25@310, 1901, %@m% olds, 7@ HIDFB—QU]Q( California, 21 to 25 pounds, 19_cents. 25@30c. WOOL—Firm; domestic fleece, SUGAR—Raw, steady; fair refining, eentrifugal, 96 test, 53-16c; refined, stead: 4.40c; No. 8, 4.35c; No.'s. 4.30c; No. 10, 4.25¢; No, 11, 4.20c; No. 12, 4.1b¢; No. 13, 4.10c; No. 14, 4.05c; confectioners’ A, 4.70c: mold A, 5.10c; cut loaf, 5.45c; crushed, b.45c; powdered, 4.85c; granulated, c; cubes, 5.10c. FFEE—Futures closed net uncb.lnled 5 points lower. Sales, 12,500 baj lncludlng January 4.50c, February 4.60c, March 415c, May 4.86¢c, June Sc, September 5.15@b.20c. Spot Rio, quiet; No. 7 invoice, 5%c; mild, Seady; Corlova, 71401, DRIED FRUITS, B EVAPORATED APPLES—Are a _ shade steadier at the receat declines, but \demand continues moderate. Common 3 xvrlmev $hi@s%e; cholce at %xqu%c, 4@bce, fancy, g Yac. PRUNES—Spot continue firm and an active jobbing business is going forward at full prices. Quotations range from 314@7%c for all grades. APRIC?"I";—&%: about steady at 74@12c for boxes anc PEACHES—-Are quiet at 12@18c for led and 6%@10c for unpeeled. 2 Chicago Grain and Produce. —e % CHICAGO, Dec. 20.—Wheat ruled strong on generally bullish statistics, but the volume of S G LOCAL MARKETS. Ezxchange and Bullion. Sterling Exchange, 60 days. Sterling Exchange, sight. Sterling Cables . New York Exchange, New York lixchange, telegr Silver, per ounce. Mexican Dollars, nominal Wheat and Other Grains. WHEAT—Foreizn futures' were firm. cago advanced a fraction or so. The Cinein- neti Price Current said: *Official data sug- gest a wheas crop for 1902 of about 625,000,000 bushels, but unofficial estimates reach as high s 760,000,000.” The Price Current conslders the crop not less than 675,000,000 bushels, but not in excess of 700,000,000. The Chicggo letter of Bolton, De Ruyter & Co says: “Market was firm but dull. The large ex- port business in wheat and flour yesterday and the liberal clearances to-day were encour- aging factors. The' trade Is disposed to feel that the uncertainty over the political situation is likely to Increase the European buying for the immediate future. World's shipments for week likely to be small and a further de- crease in the amount on passage scems prob- able. Northwest stocks for week bave fn- creased one and a half million and some in- crease in the visible is expected. On the whole the actlon and tone of the market seems fairly strong.’ This market was dull, unchanged and feat- ureless. CASH WHEAT. No. 1, $13732@1 42%; Milling $1 45@1 50 Chi- per cental. - FUTURES. Sesston 9 to 11 a. m. Open. High. Low. Close. Decemher s No, ul $1 38 “41 88 $137% $187% BAHLEYwWII weak, with a sale of Feed ll $1 18%, though $1 2215, was still quoted y some deales rl Trldl was dull, ARLEY. Feed, §1 IB*OI 22%; Brewing and shipping $6@6 25; | | Wheat, and Oat. $12@15; Red and Black on $1113; wild oat, $10@11 50; Barley, ;1» Stock, $8 50@9 50; Alfalfs, §9@il 50; Clo- \‘e'r sselo per ton, W—50@65c per bale, Beans and-Seeds. The market contifiues quiet and unchanged. BEANS—Bayos, §2 70g2 90; small White, $3 15@3 35; large White, $3@3 25: Pink, $2 40 @2 70; Red, $2 90@3; Lima, $4 20 Kidneys, 4 50; Blackeye. $3 70@3 SEEDS—Brown Mustard. $3 20; Y tard, $2 75@2 90: Flax, $2 25; Canurv‘ 4@4tac for Eastern: Altalfa, 10@11c: Rape, 1%@2%45: Timothy, fTo. Hemp, 3%@4dc per Ib; Broom Corn Seed, $12@15 per ton. DR; IED PEAS—Niles, 82 50; Green, $1 85@2 per ct! Potatoes, Onions and Vegetables. Table Burbanks continued in liberal supply and prices, had no perceptible change. Some dealers were asking $1 15 for fancy Salinas, but no sales were reported at that figure. Stweets were in limited supply and firm at the recently advanced quotation.” Previous quota- | tions stand for Onions. Los Angeles vegetables were in light receopt and continued to sell readily at good prices. There were a lot of old bay Tomatoes lying around offering at low prices. but found few buyers. There are no more coming in, so the quotations are withdrwan. POTATOES—Burbanks from the river, 80 55¢ per ctl; Salinas Burbanks, 90c@S$1 10 per ctl; Oregon’ do.’ 75c@$1, Yakima do. 90c@$1 River Reds, 40@50c per ctl; Eariy Rose, seed, S0@O0c per ctl; Sweet Fotatoes, §1 40' per ctl for Merced. 0 NI 0 S—35@75¢ per ctl®for choice and \F'GETABLES Green Peas, 7@8c per Ib; String and Wax Beans, 10@1lc; Cabbage, 40@ i0c -per ctl; Tomatoes {rom Los Angeles, $1@ 1 50 per crate; Carrots, 40@5Cc per sack; Gar- die, 2@2c per 1b: Green Peppers from Los Angeles, 10c per Ib; Dried Peppers, ‘5@9c pe: 1b; Egg Plant from Los Angeles, 12%c per lb. Dried Okra, 15@20c per lb Summer Squash from Los Angeles, $1 25 per box; Mar- rowfat Squash, $10 per lon, Huhbqrd $10912; Mushrooms, 85¢ per Ib. Poultry and Game. There was a good demand for dressed Tur- keys and as receipts were moderate, the mar- ket cleaned up at good prices. The top quo- tation was obtained only for choice large stock. It was reported tha’ several cars of Western chilled stock will be in to-marrow. The market for live Poultrw was active during the greater part of the week, but closed dull, owing to the heavy receipts of both local and Western. Changes in Game were slight. Receipts were large and the market did not clean up. POULTRY—Dressed Turkeys, 19@22c per Ib; live Turkeys, 17g18c for Gobbiers and 17@ise ens; Geese, per pair, $1 50@2: Goslings. §1 50@2; Ducks, $3@4 per dozen for old .fwl 345066050 for' young: Hens, $4 50G5 50; Yyoung Roosters, $5@6; old Roosters, $4 50G5: Fryers, $4 50@5 50; Broflers, $4 505 for Iacse and $3 50@4 for small; Pigeons, $1G1 121 per Gosen tor ald ad $1 502 for Squabs, GAME—Doves, $1 25 per dozen; Hare, $1 25 per dozen; Cottontail Rabbits, $1 50 Brush Rabbits, $i; Mallard Ducks, 50; Canvase ack, $3@4 50 Sprig, $2 50@3; Teal, 25 Wld geon, *l 75@2; small Ducks, ’z‘t '5@- Gray Geese, $3@3 50; White Geess 51 1 50: Brant, $2 for large and $1 25 Honkers, $4@5; English Snipe, mon, $1 50. Butter, Cheese and Eggs. There is nothing particularly new in Butter. Views of dealers as to quotations are widely apart, ranging from 28c to 31c for fancy cream- ery, according to their stocks. The processed or tenovated Butter which recently arrived from the, West is selling at 23@26c per Ib. Cheese |15 qulet, though stocks are very mod- erate. Some new California has recently sold down to 13%@14c per Ib, but it is said that there is no more obtainable at these figures. The ~weakness in ranch Eggs continues, though there is no further decline, -and all dealers are disposed to sell, even though con- cessions be necessary. The fresh Western are wbout all cleaned up, but cold storage-Western are offering. Recelpts were 18,000 Ibs Butter, 390 cases Eggs and 17,200 1bs Cheese. BUTTER—Creamery, first hands, occasionally lc per Ib for fancy and for firsts; dary, 5o: or “small; $2 50; come 0c 28.52‘, tac; v;;o:e Butter nomi- : ‘Western, 27@29c. L CHEESE New, sl;@ N old; (hominal; oung merica, C; ste) ‘Western, 16%@17c per Ib, g 3 EGGS—Ranch 32} @360 a(ur fancy and 30@3: for Jower and medium grades; store, cold storage, 22@27c; cold lwn‘em e Eges, 26c Deciduous and Citrus Fruits. storage, There was a fair demand for desirable sizes of choice, highly colored Navel Oranges and some special brands continued to command a small prémium, but the market was dull for the common run. - Seedlings, Tangerines, Grape Fruit and Lemons sold off a little better than on the preceding day, but prices were un- changed. There will be no Orange auction on Monld" and probably none until after Janu- ary 1. ‘Apples are weak and will probably continue £0 for some time, as there is but little inquiry for shipment out of the State and supplies are too heavy for this market to absorb. Good Pears, Pomegranates and Persimmons are sell- ing weil at steady prices. - CRANBERRIES—Cape Cod, $13@13 50 per barrel; Wisconsin, nominal. 86¢ for choice and $1@1 25 for !lncy. (l% 2 50 for large D ERSIMMONS 40075 Der box.. PEARS—Winter Nellln nfl 25 per box; APPLES—35@50c - per box for common, $1 26@1 7 C istmas Apnle-. d T5c@$1 1« other Winter Pears, } MLTI‘ON—“'e!herl. 8%@9¢c; A GRANATES$1 per small box, CITRUS FRUITS_Navel Oranges, 50 $1 %G1 for_choles and 25 5 T5c@$1 25, ines, bglolm; tu:l uu-nen ;:: l‘llm.?' for xes; Ja ol ns, 150GH1 for -u.mf ‘o x'a"o box; Lemo D06 fox ehotue and 4263 B0 tor faney: Gra Fruit, §202 50; Mexican Limes, 3164 80: Bo- ‘nanas. 50 per bunch for New Orleans :m $1@2 for Hawallan; Pineapples, $3@4 per ozen. Dried Fruits, Nuts and Raisins. There Is nothing new under this head, all de- seriptions being quoted firm, with a good de- mand and depleted stocks. Two steamers took for Furope yest: 1,498,522 Tbs of Prunes, e oE 4,048, Gectoany taiing ihe Hoa's share—1,311,972 1bs. 2 FRUI" -Apricots, m?m for Moorpar Sun_dried, uls-. with 3@1%c premium for the large RA.ISINS——]M crop are quoted as follows: Zorown loose Muscatels, w-lh boxes, 5ic per ib; 3-crown, 5%e: 4-crow: less, loose Muscate! 1b. HONEY—Comb, 12@13%c for bright, 11%c for I ber and S@1 _dark; | Water :fme"ehx‘tmm “-mc light amber extracted, LEEEWAX 146200 per In. Prwuwm. Chicago advanced on light offerings and good buying: The letter of Boiton, De Ruyter & | Co. sald: ‘“Mdrket again strong and higher. Receipts of Hogs 54,000, against 74,000 last year. There is little or no improvement in ‘the cash demand, tut packers show more disposition to | buy the May products at the ruling discounts. OQutside speculative operations are small.” but the large dealers stated ey were | selling , Bacon and er cost of importation. CURED MEATS—Bacon, c per Ib for 123 beavy, 13c for light medium, 16c for light, 16c for extra u;m. 17c for sugar-cured and 18¢ for extra suga ; Eastern sugar-cured Hams, jrivktroe Clllrornl.l . Han uy.flne' Mess Beef, $10_per bbi: 0 Go@11; Family, $11 50912 urlmc 150 15 50; ut.u clear, m lle—. $19 w. it- .d Pork, Pig Feet, 13%c: 'k, $28@30; Smked Beet, 143 @150 per 1o hnn—rr;'zu guoted at ::Ifi;n: for com- nd ard 12%c for pure; balf-barrels, pure, Lt ; 10-1b tins, 13%c; 5-Ib tims, 13%c: 3-1b 3. half-barrel, 9%c; three half-barre} c; one tierce, 9%c; two tierces, 9%c; five tierces, 9% per Ib. Hides, Tallm.u, Wool and Hops. ‘While all markets under this head are firm there is Dot much going on, as business-1s of a holiday character. HIDES AND SKINS—Culls and brands sell about 1l4c under quotations. Heavy Salted Steers, 1lc; medium, 10c; light, §l4c; Cow Hides, 9c for heavy and 8%c for light; Stags, 7c; Salted Kip, 8%4c¢; Salted Veal, 9%c; Salted Cale, loe; Dry Hides 16%@17c; Culls, 1sc: Dry Kip, 13¢; Dry Caif, 18c; Cul rands, 16¢; Sheew\mu. earlings, Wflc emcn short wool, 4 medium, 65@70c; long wool, Soe@s1 50 each; Toree Hidde, salt, §3 for large and $2 50 for medium, for small and 50c for Colts; Horse Hides, dry, $1°75 for iarge, $1 60 for medium, $1@1 25 for smail and §0c for Colts. Buck Skine—Dry Mexican, §23ac; dry salted Mexican. 25c; dry Central Ameri- can, 32%c. Goat Skins—Prime Angoras, 70c; large_and_smeoth, 60c; medium, 2 per Ib; T\Lllt“—fi-‘lo 1 rend:‘lrad% ;g% No. 2, 413@5c; grease, 2 OOL—SDrIn:—-Vll!:I Oregon, Lambs, 150 1b. l-‘nll Clln—San Julqllln and Southern, 7@10c per Ib; do Lambs, 8@10c; Northern, defective, 8@10c ‘per 1b: Humbcldt and Mendocino, 120 1%¢c; Middle County, 9@lle per Ib. HOPS—23@26c per 1b. San Francisco- Meat Market. DRESSED MEATS. Wholesale rates from slaughterers to dealers are as followst BEEF—T7@7%c for Steers and 6@Tc per Ib R e b %@0c; emall, 8910c 1b. A smal per Ewes, 8@8%c uun—w,eme Ib. PORK—Dress=d Hm. 8%@9%¢c per Ib. LIVESTOCK MARKET. The following quotations are for good, sound Livestock, delivered in San Francisco, less 50 per cent shrinkage for Cattle: CATTLE—Steers, $14@0c; cow- and Heifers, T@T%c; thin Cows. 4@5c per CALVES—4@5%c¢ per 1b Ser welght). SHEEP—Wethers, ; ewes, 3%@3%c per b (gross weight). LAMBS—Yearlings, 4@4%c HOGS—Live Hogs, 160 Ibs and 1 un. ‘6% @6%e: under 160 1bs, G%c; feeders, 8@8l%c; sows, 20 per cent off: boars, 50 per cent off, and stags 40 per cent off from above quotations. General Merchandise. BAGS—Grain Bags, 5%@6%ec for June-July delivery; San Quentin, 5.55¢; Wool Bags, 86e: Fleece Twine, 7%@8c; Frult Bags, Sljc, 6c and 6lc for three sizes of Cotton and 64@ A Wetington, $8 per ton; Southfleld Vellington, ; Wellmx(o $8; Seattle, uso_ Bryant, $6 50; Roslyn, Coos Bay, $550; Greta, $7; Wall end, $6 50: Co-operative Wallsend, $6 50: Rich- mond, §750; Cumberland, $12 in bulk and $13 25 in_sacks; Pennsylvania Anthracite ; Welsh Anthracite Egg, $13; Wel Lump, $1150: Cannel, $0 per ton; Coke, fls per ton in bulk and $17 in sacks; Rocky Moun- tain descriptions, $8 45 per 2000 Ibs md 38350 per ton, according to brand. IL—Linseed, Bic for boiled and 52¢ for raw in barreis: cases, Sc more; California Castor Oil, In cases, No. 1, 70c; pure, $116; Lucol, 48¢ for boiled and 46c for raw in barrels; Oll, extra winter strained, barrels, 83c; cases, $1;’ China Nut, 55@62c per gallon; pure Nnu- foot, in barrels, 70c; cases, 75¢; 70c;’ Whale Oil, natural white, 50@55c per nl. Ton: Fish O in barrels, 46c; cases, 80o: Cox coanut Ofl, in barrels, 63%c for Ceylon and 58%c for Australian, COAL O in_bulk, In'cases, I3tger Actral” 23ige He: Extra Siar. Jsige; Biaine, 271ie; i4c; deodorizeq Stove Gasoline, In in cases, Zihe; do, T2 Jsihe: in cases. Z8c: s, 22%c; ik, Sic: i 27 'rv.mpmznnz—. in drums and i D “AND WHITE LBAD-Red Lead, 6@ Gl4c per ib; White' L«d Wt. -ecurdlu to quantity. SUGAR—The Western Sugar Refining Com- ny quotes as follows, per pound, in 100-1b Cubes, A Crushed Fine ‘ol Water White Coal OII, 16¢c; Pearl Of1, sStar, 22 Eocene, bulk. 17 c. per gallon in cases and ron harfela. 3 gia 5.05¢ t’Gran 5.05¢; Beet Granulated (100-1b bags only), 4.95c: Confectioners’ A, 5.06c; Magnolia A, 4.65c; Extra C, 4.56c; Golden C, 4.45¢; *D,” 4.3%5¢; ‘barrels, me mnn; half-| ls, 25c more; boxes, 50-1b bags, 10c more for all kinds. lel‘t!—!!ll!-hlmll. 5. 5&:: boxes, 5.80c per Ib. No order taken for less than 7 barrels or its equivalent. Receipts of Produce. FOR SATURDAY, DECEMBER 20, 1220 Corn (East), ctls , 585 Buckwhmt ctis 1 '11.) Flour, ar, sks.. Wheat, ctls Hay, 'ton: 3 Middlings, sks.. 1,366' e — - STOCK MARKET. A Mg e T SETR A1l stocks were quiet, as usual on Saturday, and fluctuations were insignificant. Sales on the California Exchange last week ‘were 13,125 shares, valued at $14,503, the lead- ing sales being as follows: Four Ofl, 1000 shares; Independence, 4800; Junction, 1700; Occidental, 1200; Sterling, 1300. The following were ex-dividend yesterday: First National Bank (extra), $6; California Powder, $1; Spring Valley Water Company, regular monthly, 42 cents share, amount- ing to $58,800; ifornia Canners’ As- Soctation, regular monthly, 60 cents per share, amounting to Company, regular monlhlg‘, of 1\6 cents per share, amounting to ‘The Stock and Bond has amended Its constitution and by-laws so as to permit banks connected with the clearing-house the exchange. become members all such banks STOCK AND BOND EXCHANGE. SATURDAY, Dec. 20—12 m. UNITED STATES BONDS. Bid. Ask Bid. Ask. 45 ar coup..100 nofil‘"” (new)15 36" 4 dF res s ovibind e o eoup Torsgiossy " [Dak W & 08 — 1 108% | Jceanic § 5. — 106 | Jmnibus 6s.. — 127 ! = |Pac G Imds, o5 "o 5 = gecailios — Ed L & P 6s.128% — &OR 6s. 121 65.117%121 |Pwl-st R G=.11 _— 5 95 |Sac EGR je.102 — 104 — [SF & SIvoe. - 133% 97 100 - (Slerra Cal 68,109 111 10611074 |3 P of A 68 Nl | G009 2o 102" — § P ot Con 1108 108 | A.105%106%. 1 AUCTION SALES I)lamonds and Jewelry AT AUCTION. NOTICE IS HEREBY GIVEN —THAT ON-— MONDAY, December 22d, AT 2 and 8 O’'Clock P. M. We are instructed to sell by order ut the banking corporation known as Loan and Trust Company of 21 rocRro ST.. second floor, all the diamonds, jewelry and othér valuable Securities on loans trusts, comprising (ladies) Diamond, Opal and Ruby Sunbursts, Hearts, Rings, Butterfiles, Troy Snakes, Birds, Horseshoes, Crescents and Necklaces, also Ladies’ Lowg- nettes, Garter Buckles and Watches, set In diamonds; also 5 Ladies’ Sealskins. (Gents) Gypey Tiffany & Belder Rings; also two and three Diamond and Ruby Rings (large and small stones), Diamond Scarfpins, Studs and Collar Buttons, Cigarette Case, Knives, inlaid with mnnondn. Links and Diamond Initials. T No reserve or limit. CHAS. LEVY & CO. and Twe-Year Olds Bred by HON. THEO. WINTERS, at Washoe, Nevada. ‘Wil Be Sold AT AUCTION Monday Evening. December 22 Under the New ‘Ctren:;ud Iron Pavilion and o v ELECTRIC LIGHT, SALESTARD, 1133 MARKET ST. The consignment consista of seven yearlinge and five two-year-olds, brothers and sisters to the winners Scarborough, Jennie Reid, EI Fonse, Belle May o Bui Tion: Callente, Uncto Giles, Gorgdletts and El Pilar. The two—y«.r-ohh have all been nicely broken and are ready for racing. Thers will also ba scld the yunc brood mare Miss Grant {dam o Mandamuy) by Andrian, out of lllllamnlselll b; Eye. Catalogues nbw ready. Horses will be at for inspection every day and from ard Thursday, December 18 to f- ‘:-;m—h. FRED H. CHASE Lh.(ocl Au nfl—-‘ P 2 2 LAST and BEST SALE OF THE SEASON. —FROM— PUEBLO STOCK FARM. Property of J. Naglee Burk Esq. (And three yearlings from) PAPINTA STOCK FARM. These are sired by Crescendo, Brioso, Drum Major and El Rayo; out of the dams of Galo, Brioso, Cadenza, Gusto, Intrepido, Irate, Im- Intrada, Glissando, Dura, » Notice Me and ma Sale Will Take Place OCCIDENTAL HORSE EXCHANGE, 246 THIRD ST._ bet. Howard and Folsom. TUESDAY EVENING, DECEMBER I, 1902, Commeneing at 7:45 O'clock. Horses at salesyard. Catalogues ready. G. LAYNG, Auctioneer. Do L SPECIAL SALE to close out all the old stock of RUBBER TIRE BUSINESS and TOP BUG- GIES, SURRIES, CARTS and all kinds of “AGDN! and HORSES, TUESDAY, Dec. 23, m., at 1140 Folsom st. % L A P lconSs — 107 (1905)Sr B.106% 107 Mkt-st C 65.125 — 1906) .... — 110 Do 5. 121 NR 10%111% Do 1210121 NP ul)lsuoy. NC — 122 NC NS oG Oak T 123 Do 14%115% Do — T 107% WATER STOCKS, Contra Costa 68 |Port Costa.. 64 Marin Co ... 61 |'Spring Vai.. 86% 87 GAS AND ELECTRIC. X BT OLE LA t ‘0. 3% 2Y Scoal B L " 6|8 F G L Co 5% 6 OCGL&H 68 — [SknG& B 9 — Pac G Imp. 35% — |Un G&E Co. 34 == Pac L Co... 52% 53% INSURANCB. i Firew’'s Fnd 310 — | W ' BANKS. Am N B....131% = First N e Anglo-Cal .. 89%, 90 L P 14 Bank of Cal. = Mer Ex (l|q) ” - Cal Safe Dp.137' — S F Natnl., — — SAVINGS BANKS, Ger § & L.2095 2175 |Sav & Loan. — 1 Humbaldt .. = o Security Sav32s — 80 80 |Union Trst.20i5 — B S Els10 : STREET RAILROADS, California m M u.mm st .. 999§ — Geary . Presidio . — 50 POW’D!R. Glant .ceeeee — T |Vigorit ...ee — 3% » SUGAR. —_ Kiauea .... 83 1 % cs Makawe! 30 15 Hurcmm . 16% l1 [Pumn MISCELLANEOUS, Alaska Pak.159% — Gal Fruit As 93" 95 Oceanic 8 lheAI‘ ! SEg a23s.gd 888 &'fi“: Bid. Imj e 110 Abby Land & provement. * ot 50 %5 65 00 g“ 00 oea102 50 02 50 5% Chutes Cc oane Seow . Cypress Lawn Imp't CO.ere sseee R D o 58 22 00 98 00 305 27 00 Kern Oil 38 London & § ¥ Bank (Ltd.)s ... Cristo Ofl......ece 1 88:33a: 8 les in the )m.'.;nfl&— cisco Stock