The San Francisco Call. Newspaper, February 1, 1903, Page 35

THE SAN FRANCIECO CALL, SUNDAY, FEBRUARY 1, 1903. SUMMARY OF THE MARKETS. Local Bank Clearings make a material gain in January. York Stocks show wvery li id featurless. Exchange unchanged. old quarters. {.vcal Stocks and Bonds quiet a» Stiver several fractions higher. Produce- Exchange vacates its Cash Barley firm and Futures hij o.chang Cheese weak and in increasing £8 Mfore demand for Dried Apricot Provisions still imactive in all gu Less activity in. Hops, but the » 1Fheat firm and sensitive under light supply and good demand. in Oats, Corn and Rye. Hay.and Feedstufis as previously quoted. s quicter, but still in some request for the East. Butter wery scarce, with still higher quotations. ttle animation, | gher. | supply. loweér again, with larger arrivals. s and Prunes in New York. arters. market still firm. No change in Wool, Hides or Tallow. Beef steady. Pork and Mutton very firm. Potatoes, Onions and Vegetables in good supply. Poultry and Game well cleaned Fresh Fruits in good supply and fair demand. up. Customs Receipts. The wéceipts of @uties on Imports &t the Custom- wee dufing the mont of were $677,442, against $796,246 in Janugry, Py Bank Clearings. . Local bank clearings for the past week were 429 579, 458, éxainet $25.976.864 for the sarme week last year. For January they were $128.- 690, against $106,569,708 for January, 1902 The year is-lepding off very well, as far as these clearings are a5 indication. Mint Coinage. The colnire at the Unjted States Mint in 4 @uring the month of January was $1.100,000; 000, making ows: --Double eagles, 540,000, half-dollars, of during January, 1802. From July te date the colnage amounts to agnl $47 528 during the san Retai} Meat Prices. The scarcity of Mutton and Lamb has caused and sdvance in the wholesale prices for these descriptions, and e retail prices have followed i as will be seen by the revised quotations. re is not much change in the other meats. rime Roast, 15GiSc; Porterhouse 221,c: Tenderioin Steak, 15@18c; 12%4@15c; Top Round Steak, Stew, 10c; Corned Beef, 8@luc: ;- Soup Meat, 4@10c. Roast, 15@20c; oulder Roast, Chops or Qutiets, 15@20c; Stew, 1213 10@11c; 15c; Forequarter, Cn 1214@20c. hops) 15@18c; Leg Roast, TTON—Leg, Prim PORK~] Roast, Loin Shoulder Roast, 10§12%c; Chops, 13 ese prices do mot cover the cheaper grades, is impossible to guote regular prices on Exit Produce Exchange. was the last day of the Produce quarters in the Merchants' which it has occupied since For the nmext couple of years the ex- ge will occupy’ temporary rooms at the er of Sansome and Bacramento streets, un- new bullding of the Merchants' Ex- s completed. The departure was fit- AN cash business was sus- was ‘draped with American photographs of Messrs. Horace Davis rge W. McNear, the first and last pres- the Exchange, hung over the calier's A band furnished music and a colla- was served mental incident marked the occasion. 11:80 o'clock Henry C. Bunker, ler of the Exchange for eighteen vyears and ef grain inspector, ascended the jor’s rostrum and struck the assembly gong. which he had struck for eighteen years. He -and he struck it last. The stirred many @ member's heart as He cast & retrospective glance over ihe vicissifudes of the past eighteen years, for the grain market does not seriously. calious the Leqrt as some people suppose. Dried Fruit in New York. from New York say: ] clang “of week closes with a moderate jobbing interest | show the leading articles. Prunes continue the situation is gulet, Jobbing Interest- ted. to the supplyng of immediate Holders, however,. show no_dispo-" % 1 press offerings ai less tham guota- tions for small 10ts, and except on.the smalier e market presents rather a-strong ten- it is believed that the Jots-of irregular t offering several days ago have been most- iy purchased by epeculative holders, A few of- ferings of 50 are available at Gic to fic and B¢ will .buy-60-70s, but most holders quote Mo fint on 40-50s: On 76-80s it is believed a shading under 4%c will buy, and. 86-80s are offered at-4c. Supplies.of these two sizes are ample. Late coast. wires report nodispo- #ition.on the part. of holders to press offerings, | and bids of & shade under the, coast vis February _shipment have been declined. smoderpis Gémand for export continues! nes contl interskt. feelinig, but no speclal movement. Jobbing sales are reported at 434c for fine Ama- Jies, uncleaned, in barrels. The G, Schenker, nbw Gue, brings about 2200 bafrel £o 18, £ _far as Teported, the ionl way 1o this market 4t the moment. - Spot.stocks are veported in close. compass. Late gdvices | from the primary makket report a strong situa- tion, with one cable queting i1s 3d- per cwi 15 Ralsins, #pot is very quiet; -and secded - pressing somewhat at easy figures. It -is_be. Heved possibie 1o buy choice at Sc and fancy at | $ic on Nrm offer. Loosé is' quiet. Some easi- wess j8 poted In London layers, but Valencia | layers are = little more firmly held. Sultanas. Teature boxes, are & little firmer Sn.somé quar- | ith 7%c quoted. Coast advices report uiry from interior potuts. - Peaches are Figs the trade is quiet and the gesier- | s in the absence of buing interest. Weather Report. 20th Meridian—Pacific Time.) * SAN FRANCISCO, Jan. 81—5 p.m. The following are the séasonal rainfalls to @ute, ar compared with thope of the same date last seakon, gad rainfalls in the last twenty- four. heurs e Sirmly held, but show .no 16t pn the ofter 1o Last This - Last _: Stagions— 24 Hours, Season. Season. Eureka ... soeis 09 Hed Blufr.. 16.21 . o7 Sacrameénto 9.63 99 San - Francisc .72 03 Fresno 5.03 .08 Independence e . 39 San. Luis Obisp 026 .67 02 Los Angeles.. 022 -7.08 .08 Bun Diego 0.3 . 6.78 47 THE COAST RECORD, January | the month of $4,976,000, against | 5c; Forequarter, $1 | { attached t -full eguivaient of spot reported. Ore- | 1n Currants we note a steady | Occasionai | This car. | Epot Apricots, thoice Royals - | ent upon the free movement of exports. Seattle Pt Cldy .05 | pokane 2 G X5 | Neah Ba; Walla Wa, : | Winnemucca .28 Yuma .00 WEATHER CONDITIONS AND GENERAL FORECAST. , The pressure is falling slowly along the coast of California, and conditions are still unfavor- able for settied fair weather. Rain has fallen over nearly the entire State, with snow on the mountains, A thuriderstorm was rcported at Point Reyes and ‘heavy snow on Mount Tamalpals. Snow | is failing in the Sierras and in Northern Ne- vada. The temperature s below the normal every station In Californla. Forecast made at San Francisco for thirty hours ending midnight February 1: Northern California—Cloudy, unsettied weath- er Bunday., with showers and probably snow in the mountains; continued cool weather; fresh eouthwest winds. - Southern California—Unsettled weather Sun- day with occasional showers and probab; in the mountains; light southwest winds, | conevada—Snow " flurries Sunday; continued San Francisco and vicinity—Unsettled weath- er Sunday with showers, continued cold; fresi southwest winds. { | | EASTERN MARKETS. at { % * | New York Stock Market. | NEW YORK, Jan. 31.—The stock market was merely a nominal affair to-day. Some of the traders who sold short yesterday bought to | cover on the belief that there was no warlike threat in the situation and that the labor dis. pute on the Union Pacific had a less serio aspect than was reported yesterday. The extra | dividend of 35 per cent on Northern Pacific had | mot been foretold, Lut 1t was without apparent | Influences * on prices. ~ Northern Securities Company fs practically the sole owner of | Northern Pacific stocks and as the increase in | the securities company dividend already made | was presumably based upon the Northern Pa- | cific extra, the epimode was allowed to pass without a ripple in the stock market. Intereet centered in the weekly bank statement and | even more in the day's clearing-hguse figures. The latter disclosed that the balances to be settied between clearing-house Institutions for the day were the largest In the history of the Clearing-house, reaching a total of $24,977,949. The heavy individual debts and credits of a few of the largest banks In the association made it geem evident that same financlal trans- | action of great magnitude was carried through day. The Subtreasury had a large credit | balance, due to the settlement of a Central Pa- cific nule due to the Government, The large | loan expansion for the week was attributed fo | the Pennsylvania loan, which is stated to have been nearly $40,000,000. It is generally believed that a considerable portion of the loan was taken by forelgners and was thus a factor in the easier tone of exchange which developed during the week. The redeposition with (he banks by the railroad comfany of the proceeds | of the loan has been responsible for the fres | supply of funds which developed yesterday in | the money market. The ordinary speculator in | | stocks finds cause for hesitation about operat. | | Ing in the evidence of such financial require. { ments as was furnished by to-day’'s bank state. | \’m]e;u ;nd Clearing-house figures. The market | £0ld ‘Off after the bank o 01 (off alter the bank statement and closed | All through the week there w, arvuse the market’ from Iis lethargy. ' jor o casiohal fits and starts were due to the efforts of the professional’traders to feel the market and ‘to_anticipate any-new movement that | | might poseibly develop. There has been no ! | outside “response to these tactics and every moyement, of whatever proportion, has scarce. | Iy lasted a day. A°real sustaining force for | | valués was the better feeling as to the Vene- | zuelan situation. For the first time in sévera) weeks the impression has been strong in Wall | street that all parties to the trouble were anx- | jous ‘1o be well out of it without any other | motive than the settlement of claims as pre- | | sented. The incident has had a sentimental ef. | | Tect in financial circles rather deeper seated than’appears on the surface. This was part due 1o the unpleasant memories of the Ven | zuelan panic at the time of President Cleve- | land's boundary miessage., The mystery which to the diplomatic inftiative In the mattei and the surprise occasioned by the com. | mon_act of Great Britain and Germany kept allve for a time a suspicion that the move- ment merked some far-reaching policy .designed test the Monroe doctrine and thus necessari- ly culculated to provoke war. Last week's market ciosed with the Venezuelan question causing much anxiety. The recovery on Mon- day therefore was quitc sharp. The striking point of the traders to motice, however, was | that therg was no revival of activity In the market and it fell back promptly into its nar- | row sclling from day to day. Meantime the undertone continues pretty firm. The subject of railroad earnings bas re- ceived attention during the week owing to the number of important systems which made re- turns of their net earnings for December. The . December return was looked for with special inicrest, owing to the fact that some of the increake in freight rates went into effect in December. These increases were ex- | pected to cure the prevailing tendency for growth in operating expenses to overtake in- crease in gross earnings. With the sole ex- ception of the coalers the December returns show the decreasing tendency of net earnings still in full force. "All branches of the rail- road world and all sections of the country figure in. the showing. In the case of the coalers, on the other hand, the December state. ments of the New Jersey Central and the Erie show the most prosperous conditions in tha history of the trade, as a result of the large shortage caused by’ the strike and the rush of the supply to market. The dominant feat- ure in the Whole railroad situation seems to be the striking inadequacy of raflroad facilitics to sccommodate the traffic offering. Car scarcity fs a cry heard from many quarters, | which is goon followed by complaints of lack | of engine power to clear the yards. Freign: | blockades are the order of the day and serious embarrassment is_caused non-delivery of some forms of raw material. This Is particu- larly true of the iron and steel trade, and the grain market has fallen off in a marked de- gree for lack of raflroad equipment. That sucii | a_condition of affairs should exist after the extraordinary outlays of the Dast few years for new and more effective equipment by the snilroads is conclusive evidence of the flood- tide to which business has attained. Manu- facturers are importing materials because they cannot secure deliveries of domestic products. Railroads are turning away business, but are Dot earnipg as much for sharehoiders as they were last year, because of the high prices for material and labor. Some uneasiness was caused in the latter part of the week by advices from Omaha indicating that the Union Pactfic labor eltuation had become more acute. Fears were expressed that the trouble might spread to other roads. The obstruction felt by the grain movement has had some effect upon the export business and the prices at- tained by wheat evidently had a discouraging effect upon the forelgn demand. The heavy liquidation of long Wheat during Week was @ cause of speclal satisfaction, for this the balance maintained in exchatige market ls felt to be largely depend C special movements in the stock market this £ E O Fl SE ap g2 3s 81 5'.3 [ EEEE 22 g STATIONS %558 %9. H B gt b i | FE g Astoria Seas sc " o Huker 20.78 38 18 Presno .29 W Cloudy . Flagutaft ... 20.08 38 26,5 Clovdy oo Focatelio, 14a.29.76 36 26 'S Clear o1 | Los Angeles..20.88 58 36 EW Pi Clay 13 | Phoenix 2982 66 4 W Clear Iy Portiand . 2.6 38 34 W Ked Biaff. -29.80 46 36 SE Sacramento ..20.84 48 40 SE y Salt Lake ....20.72 38 20 N Clovdy San Francisco.20 88 48 82 8 ~ Cloudy .13 | B L Ohispo. 29.94 54 46 W Pt Cidy .2¢ 8an Dicgo....20.56 56 46 NW Cloudy .30 week that in Amalgamated was coa- spicuoux and scemed to be on_confiden e in the improvement in the trade. The geueral | Hocking Vai ve | Hocking Val pra.. | Reading 24 pfd | Wisconsin Cent ped market showed itself sensitive on the cou: of Rock Island, St. Paul and Pennsylvani OWing to the character of the commitments In these stocks and the indications from time to time of influenti Money, both . time and on call, selling of the sha was easier, liberal offerings by the banks creating a sup- Ply In excess of the demand. Dealings in bonds were far below the level of thls week last year and the tome of the market was heavy at times. Uniteq States 8s (cot cent compared with wegk, NEW YORK upon) advanced the closing call of STOCK LIST. per last Etocks— Sales. Atchison 6,400 Atchison prd . 1.200 Balto & Ohlo . 1,500 Balto & Ohfo pfd. ..... Canadian Pacific... 1,700 Canada Southern.... ..... Ches & Ohlo .. Chicago & Alton .. Chi & Alton prd. Chi & East IN.. Chicago G W .... Chl & G W A ‘ptd Chi & G W B prd Chicago & N W.. Chi Term & Trans, Chi Term & T ptd € C C & St Louis. lo Southern ... Cclo So 1st pfd Colo 8o 2d pra Dela & Hudson Dela Lack & W Denver & R G. Denver & R G Erie . Erie Erle 24 pfd 5 Great Northern prd tey 1l Central lowa Centrai .... lowa Central pfd. C Southern.... > Southern pid. e & West. Lake Erie & W pfd Louisville & Nash. Manhattan L . Metropolitan §i Mexican Mexican Minn & Missouri Pacific .. Mo Kan & Texas. . Mo Kan & T ptd. . N J Central .. Y Central . Norfolk & Western. Nor & West ptd... Ontario & Western, Pennsylvania . Reading ... B Reading 1st prd .. Rock Island ... Rock Island pfd Bt Louis & S F... St L'& S F 1st pta St L & S F 2d pta St Louls § W St L 8 W prd St Paul .... St Paul pfd Southern Paecific Southern H : Southern Ry ptd.. Texas & Pacific. . Tol St L & W.... Tol St L & W prd. Union Pacifie...... . nion Pacific pfd. 4. uon Facific ped. L4 Wabash pfd : Wheel & LE...... Wheel & L E 24 pt Wisconsin Central, Xpress companies. Adams 5 ? American ... InitedStates Wells-Fargo Migcellaneous. Amalgamated Copr Am Car & Foundry Am Car & Foun pf Am Linseed Ojl... Am “Linseed Ofl pt Am Locomotive. ... Am Locomotive ptd Am Smelt & Refin. Am Smelt & R ptd Ana da Min Co. n Rap Tr Colo Fuel & Iron Consolidated Gas. . Continental Tob pt General Electric .. Hocking Coal s International Paper Internatnl Pap prd. Laclede Gas National Biscult. National Lead North Americ Pacific Coast Pacific Mall People's Gas . Pressed Steel Car.. Pressed St Car pfd Pullman Pal Car. Republic Steel . Republic Steel pfd Sugar . s Tenn Coal & Iron.. Union Bag & Paper Union Bag & P pd 200 i’ 700 101% 100% 000 931, 929 204 20ip 300 [ u 8 Leather. 214 % 3 ather 8913 i U i S % 62 374 37 81 86y cene cene S9iy Total sales ....136,400 UNITED RAILROADS OF SAN FRANCISCO, - NEW YORK, Jan. 31.—Curb quotations for nited Rallroads of San- Francisco: Bond $80 1215 bid, 5 : icriptions, >4 Zflhb‘\d, ‘I”S?Ré] 2! ked._.kw' subscriptions, 4 NEW YORK BONDS. US ref 2u, reg...108 (Mexican Cent 4s.. T Do _coupon. 100 | Do st inc...... gé U S o0t (e & 80 s a0ais U S"new dx, reiid4ls| Do 2an... 1l it Do coupon. U S old 4s, re; Do coupon. U'S 5s, rex. Do coupon. Atchison gen 4s.. 1o n Do adj 4s...... 97k Balt & Ohlo 4s...101% Do 3. Do conv y Canada South 24s.108 Central of Ga bs. . 108 Cen of Ga 1st inc. 78Y; Ches & Ohio 415,106 Chi & Alton Bi4s C. B & Q new 4 C. M&StP gen 4 C& N W con 7s C,RI&P 4s. l’:’l“k"n 11ele Royal Fitchburg pfd Mohawk .. Union Pacific % | Old Domini Mexican Central.. 241/ Parrot Miscellaneous — American Sugar..120% Do pra 121 Amer Tel & Tel.1621 Dominion I & 8.. 54 General Electric. .195 a0 LONDON CLOSING STOCKS. Con for money. .93 3-18 Balt & Ohio. 103! Canadian mm.lsk’ Do 1st ptd.... Do 24 pfd. Illinois Central. Louls & Nash. Mis, Kan & Tex, N Y Central... teeses 81 Tl* Bar silver, steady, 21 7-163 per ounce. Money, | butchiers, §6 506 75; ogd 1o chioice bLeavy, ' 50 of 50 cents a share. by Victoria 8404 104 N & W con 4s. |Reading gen 4s. EL&T outn South Ry b Texas & Pac | OCC & SL gen 45,101 | D, i Chicago Term 4s. 85 W, ."n?.fi,x‘a. Coio & Bouth 4s.. 93 Wheel & L. E 45, . | Den & Rio G 4s.. 983 Wisconsin Cen 45, s | Erle prior lien 4s. 0713 Con Tob 4a....... o715 Do gen 4. K1 |CF & I con B.. 94 Pt W & D C 1sts.1121 Pennsylv'nia 3345105 | Hocking Val 4148.100 " | Rock Island 4s... 8 L & N unt 4s....101 |Manhattan .. .. 108 NEW YORK MINING STOCKS, Adams Con 20) Little Chy Allce 23{Ontarto st 5 50 Breece . 40 Ophir . 215 Brunswick Con. 07/ Phoenix . 08 Comstock Tunnel.. 09/ Potosi 60 Con Cal and Va...1 50 Savage . 38 Horn Silver. 1 25 8lerra Nevada. 90 Iron Silver. 80 Small Hopes 30 Leadville Con. 03! Standard 3 60 BOSTON STOCKS AND BONDS Money— |U S Bteel 87 Call loans. 4@5 Do pfd. . 883 Time loans. +.4@3 West' hou om. .107 Bonds— Mining. E Alloues . malgnia (Daly “West. .. Bingham Calumet Centennial .. Copper Range. Dominfon Coal Quincy Santa Fe Tamarack . Trimountain ;'ffl'nlty ji5 Tnited Stat Utah e | Winona Norfolk & West. . Do pfd...... 5@4 per cent. The rate of discount in the open market for short bills Is 3% per cent and for three months’ bills 3% per cent, Associated Banks’ Statement. NEW YORK, Jan. 3L.—The weekly state- ment of averages ©of the Assoclated Banks show: Loans, $004,510,700; Increase, $14,062,600. Deposits, $931, fim 5 ‘Incn:::. 1 ms&) e ¥ A 155.000; Increasty $106,000. pecie, $182,612,000; increase, serve, $260,825,500; increase, required, $242,644,723; Increase, plus, $27,880,885; increase, Unitea States deposits, $37, $1,464,925. The Financier says: ~“‘Despite the increase of almost $19,000,000 ih deposits the reserve of the Clearing-house banks of New York City increased $1,405.500 last week. This rise In the face of the unusually heavy expansion In th deposit item was due, Of course, to the faci that the flow of money from the interfor con- tinues in almost unabated vglume. As Interest rates have been declinin Il dly it was an- ticipated that the impetus given to the return of money to New York from other points might be somewhat checked, but the returns fgil to show that this decline has as yet had any in- fluence on the situation. The principal feature of the current statement is the increase of §14.- 062,600 in loans, due to large corporation bor- rowings which have been pending for some time. The loans for the most part are trace- able to two or three of the largest banks, as Is also the gain in cash. The two banks report an increase of over $0,000,000 in specie, which is more than the gain reported by all the banks. So, in deposits, the principal expansion was caused by the operations of a few Wall-street institutions of note. While doubt is expressed as to the contin- ued malintenance of much idle cash reserve over a coneiderablé length of time, it Is yet true that the present reserves of the banks are at a higher level than for many months past, ported at the end of any week for a year. With these facts in evidence it is.surprising that rates should have declined so sharply and a dull stock market does not make for a different situation. Exports and Imports. NEW YORK, Jan. 31.—Total imports of mer- chandise and dry goods at the port of New York for this week are valued at $13,155, | Total imports of specie at the port of York for this week: $1244 silver and $13,791 { B a1 exports of specie from the part of New York for this week were $747,880 silver. * ettt New York Grain and Produce. #- NEW YORK, Jan. 14,230 barrels; exports, 15242 barrels. Winter patents, $3 60@4; | $3 50@8 65: Minnesota patents, | $4 1064 30; winter extras, §2 80G3 10: do. | bakers', §3 25@3 45; winter low grades, $2 §0 | @2 0. WHEAT—Receipts, 203,300 bushels; exports, | 94,120 bushels. Spot, easy; No. 2 red, 60%c elevator; No. 31.—FLOUR-—Receipts, . 2 red, Sliic f. o. b. afloat ! 1 Northern Duluth, §7%c¢ L. o. b. afloat; No. 1 hard Manitoba, 88%c¢ L. o. b. afloat. Options weak and cable forecasts of large Russian ehipments and bearish winter wheat crop news depressed wheat for a time this morn- ing, after which It rallied partially on cover- ing. The close was quiet, jjc net advance. March closed, £2%e¢; May, S0O%@Slc, closed | 8lc; July, T8@T8%¢, closed TSc. uet; Pacific Coast, 1902 crop, 27@ o1 crop,” 23@27c; olds, S@12c. Firm; California, 10c. Firm: flecce, 30G32c. Raw, steady; fair refining, 3%c: entrifugal, 96 test, 8 11-16¢; molasses sugar, refined, dull; No. #5e; No. 7, 4.30c; No. 5, 4 No. 0, 4.20c . 10, 4.16¢; No. 11, 4.10c; No. 12, 4.05¢; No. 13, 4.00c; No. 14, 8.95¢; con oners’ A, $.60c: mold A, 5.00c cutloaf, 5.35c;_crushed, 5.35¢c; powdered, 4.85c; granulated, 4.75c; cubes, 5.00c. COFF] Futures closed steady, net un- changed to 5 points higher. Sales, 25000 bags, including: March, 4.30¢; Apri .40¢; | May, 4.45c; June, 4.55c: July, 4. ber, 4.80c. Spot Rio, quiet . 7 Invoice, | 8%4c; mild, easy; Cordova, T@11%c. 1 DRIED FRUITS. EVAPORATED erately active and tained. ! APPLE —Continue mod- Common, 4@dc prime, @%c; fancy, ‘TGSc. i —Spot_are attracting a moderate export demand and are firmly held, particu- larly the larger sizes. Prices range from 3%¢ to T¥%c for all grades. X @104 APRICOTS—Are quiet at boxes and T14@I0c for bigs. PLACHES—Are dull and unchanged at 12g 18c for peeled and 6% @Se for unpeeled. P for T i sl lnsall Chicago Grain Market. * 'CHICAGO, Jan. 31.—WHEAT—Was dull and prices were confined within a narrow range. The feature of the day was the selling of July and buying of May by comiaission houses sup- longs. The opening wae lower on weak cables and favorable weather thruughout the winter wheat belt, May being L@ %c to L@¥e lower at T7@TT%e. There was soune selling early by discouraged longs to Tic, but later support de- veloped on buying by com.nission houses and the market became quite utrong, May selling up to The close was firm, with M. shade lower at 77%c. A (air demand wa; | strengthening factor late fu the day. | CORN—Was quiet and after a little weak- ness early, firmer feeling developed. The close was firm, with May a shade lower at #4%@ a | —Were neglected, but in the absence | of any selling pressure prices ruled firm. The close was steady, with May unchanged at 36%ec. | PROVISI Were dulf and steady. There | was no important trade either one way or th other. Late in the day & sharp break occurred in the price of January pork, which yesterday | sold at $19, the support herétofore given that commodity having been withdrawn, and a drop to $16 40 took place, with the close at the low point. The decline in January lard was also heavy, amounting to 42ic. ay pork closed 2iée lower, lard was off 8¢ and ribs were down ife ieading futures ranged as follows Articles— Open. High. Low. 5 ‘Wheat No. 2— n i itan anuary ....... 4% 3% 78 ki ng Be 22 T Y Ty iy 43% 4w, 6% 4 July YR 43l 43y Oats No. 2— January . B TS 33% . 32 Fork. per, bhi— " » f 1725 1640 1 |16 47% 10 573 10 47% 1 21 6 e L 1215 16 20 ...1000 1000 940 94715 S0 40 042% AT O 3iig .92 92 92 920 January 900 900 | May 910 - 91214 July 047 9 00 Cash quotations were as “follows Flour, st ; winter patents, $3 60@3 75: straights, 2 3 50; ring patents, 3 95, etraights, $3 50: bakers, $2 4bG2 No. 2 spring wheat, 16}%@77c; No. 3, Toige; No. & Ted, T4%@74%c; No. 2 corn, 43%c: No. 2 yel- low, 48%c; No. 2 oats, 33%c; No. 3 white, 33% @35 %c: No. 2 rye, 49c: good feeding | ley, 43@46c; fair 1o cholce malting, 48@! | No. 1 faxseed, $1 16; No. 1 Northwestern, $1 21; prime timothy seed, $4; mess pork, per barrel, §16 50@16 (2%; lard, per 100 pounds, $9 5U@O U2%; short ribs sides (loose), $8 956G 9 16; dry salted shoulders (boxed), $8 25@S short clear sides (boxed), $9 3714@9 6214; whisky, basls of high wines, $1 0. ar- Articles— Receipts. Shipments. Flour, DArTels ...veeernes 24,000 11,000 Wheat, bushels . 21,000 Corn, bushels 261,000 Oats, bushels . 000 Rye, bushels ... Bariey, bushels .. 9,000 uce Exchange to-day the butter creamert, e Eastern Livestock Market. CHICAGO. CHICAGO, Jan. 81.—CATTLE—Receipts, 200; nominal. Bood“l to vfl:n;o lu:n $4 500 75; poor to medium, : stockers Seadins. 82 80G4; cows. 10 50: * haibers, 75; canners, $1 40: bulls, $2 250G !g(:‘n‘xll;'el. 3 50@8 75° Texas-fed steers, B 06 “Recelpts: To-day, 15,000; Monday, A8.000: Jeft over, Steady. Mixed and Wwhile the excess reserve is also above that re. | Dull | winter | prices are steadily main- | posed to have been agting for the leader of the | ae(hm. - Q:fl. !:lr unt’halfl. ':;tlevd‘: B e a0 Wantern latmos, §3 7500 25, \ BT. JOSEPH. Mo., Jan. 31.—CATTLE—Re- ST. JOSEPH, 3 Natives, $3 75@5 65; i 1080, Steady. %fi." and Westerns, $3 75; cows heifers, %fim vedls, $2 50; bulls and tags, . # ')floo%mlpu. 4260. Light and light =Al‘x1eg 70@6 85; medium and heavy, $6 80@ SHEEP—Receipts, 43. Firm. Colorado lambs, §6 25; yearlings, $5 25; wethers, $5; ewes, §4 40. - New York Metal Market. NEW YORK, Jan. 31.—Nothing of feature occurred in the metal markets to-day, prices ruling unchanged with business of the regular Saturday dullness. TIN—Was barely steady: spot quoted at 28.75320.10c. COPPER—Was dull and nom! changed. Standard, 12c; lake, 12. electrolytic, 12.45@12.65¢; casting, 12. LEA: ulet; 4.12%c for spot. SPELTER—Quiet; 4.00G5c. IRON—Steady; unchanged. New York Money Market. NEW YORK, Jan. 31.—Prime mercantile paper, 4% @0 per cent. Sterling exchange firm, with ‘actual business In Dbankers' bills at $4 86.875@4 87 for demand and $4 83.8753 4 84 for sixty day bills: posted rates, $4 S4 @4 88: commercial bills, $4 827 r, 47%¢. Mexi Government bonds, stead. steady. Money on call steady at 3 per cent; time money casier, SIXty per cent, ninety days and six months 414@4%. London Wool Sales. LONDON, Jan. 31 ‘The offerings at the pool ‘| auction sales consisted of a superior selection of 12,602 bales. Competition was active and prices were firm. Cross-breds were Irregular. Amerlca bought an frregular supply of good merinos and fine cross-breds, New York Cotton Market. NEW YORK, Jan. 31.—The cotton market opened at an advance of 2 to 4 points and closed dull and steady, with prices at about last night's level. Foreign Markets. ~LONDON, Jan. 31.—Consols, 93 3-16G03 silver, 217%d; French rentes, 99f S5c@100f 10c; wheat _cargoes on passage, nothing dolng; car- goes Walla Walla, nglish country mar- kets, firm. LIVERPOOL, Jan. 31.—Wheat, easy; No. 1 standard California, 6s 1114d@7s; wheat in | Paris, quiet; flour in Paris, quiet. Northern Business. SPOKANE, Jan. 31.—Clearings, balances. $1 SEATTLE, 81.—Clearings, balances, $1 B81.—Clearings, "31.—Clearings, §226,200; bal- PORTLAND, balances, §126, TACOMA, Jan. ances, $34,4s3. Northern Wheat Market. OREGON. PORTLAND, Jan. 31.—Wheat—Walla Walla, 75c; bluestem, S6c; valley, 78c. Cleared, Britlsh steamer Indrasamha for the Orient, with 40,025 barrels of flour and 13;500 bushels wheat. WASHINGTON. stem, 861c; club, 7de. st T T * ‘ LOCAL MARKETS. Exchange and Bullion. Sterling Exchange, sixty days Sterling Exchange, sight Sterling Cables . New York Exchange, sight New York Exchange, telegraphic Silver, per cunce .. Mexican Doliars, nominal Wheat and Other Grains. WHEAT—The spot market is very sensitive, owing to the light supplies and good demand and the feeling is firm. Futures closed the week higher. Wires to Bolton, De Ruyter & Co, stated that most Minneapolis mills would close down last night owing to the scarcity of cars, that the freight tie-up was the most seridus that had ever confronted Minneapolis, shut-down seemed inevit- in that d that a general able. New York reported Austraila market for Wheat. The Chicago letter of Bolton, Co, said: '“The market here wa: There was some weakness early on the cabl and mild weather, but pressure from lqui tion seems pretty well over at the momen and t* e was enough covering by shorts to stea the market. Very little activity in the ash Wheat situation is reported from Weutern markets, but the seaboard reports good inquiry from Lisbon and Australia, with intimation that considerable business had been d. Total trade weil evened had G per cent break and some reaction is_due. We are inclined to De Ruyter & falrly stead the time being.” CASH WHEAT. No. 1, §1 4214@1 5214, according to location; Milling, $1 83% per ctl FUTURES. | Seesion 9 to 11:30 a. m. E } Open. High. Low. Cloge. | May ........8133% $1 46 .§145% $1 46 | December ... 1275 121% 121% 1 2% BARLEY—Yesterday was the last day of | the Produce Exchange in the quarters it h: | occupled for nearly nineteen years, and as the departure was cclebrated by a lunch and addresses on the floor of the exchange no cash business was done and quotations remained un- hanged. Futuree, however, were higher. CASH BARLEY. | Feed, $1 17%@1 20; Brewing and shipping | grades. $1 21 @1 22%; Chevalier, $1 351 60 | for fair to choice. FUTURES. Session 9 to 11:30 a. m, ere was no business yesterday, owing lo the cercmonies attendant upon the departure of the Produce Exchange from is b § gusrters, Ouotations stand as befors. White, §1 dita; Black, $1 173@1 25 for “teca *aod AL 20T 12 Tor* seed’ “Rea $1 2214@1 30 for common to cholce and.§1 3235 @1 35 tor fancy: Gray, $1 25@1 30 per ctl. CORN—The market shows no further change. The Chicago letter of Boiton, De Ruyter & Co, says: “There was some pressure from | liquidation by belated January holders, the May corn held fairly good. The seaboard markets are relatively higher than we ure and demand seems to be only limited by the ability to get cars. This at the moment, Lowever, seems almost impossible. There i3 a good deal of bullish sentiment on Corn and the buying is of a good character. Stocks are not increasing as they should at this season, although this Wwill be a factor in the o g of shorts later on. Think we would buy May Corn on the soft spots.’ Western_(sacked), $1 25@1 27% for Yellow, $1 25@1 27% for White ‘and $1 25 for mixed: Calltornia, iarge Yellow, $1 40 down, according to dryness; small round do, $1 50@1 60; White, nominal; Egyptian, $1 201 25 for White and 51 26 _for Istown. RYE—$1 15@1 16% per ctl. BUCKW! ‘T—Nominal at $1 75@2 10 per cental. Flour and Millstuffs. FLOUR—California ily Extras, $1 409 4 05, usual terms; Bakers' Extras, $4 30G4 40; Oregon and Washington, $3 7044 per bbl Foeily and $3 70G4 20 for Bakers': o LLSTUPFS—Prices In packages are as folows: Oraham Flour, $3 50 per 100 1ba; Fiour, §3 26: Rye Meal, $i: Rice Floar. P (i):t i Yo 38: Fhomi % o : y ny, G Biickwheat Flour, i ’3 heat, $4; Farina, $ 50; Whole wn'en: n’u'w. 50; Pearl - "n'“ Shilt. Fean: 50; Green Peas, §5 per 100 ibs, Hay and Feedstuffs. The situation remains unchanged. Hay and Feedstuffs are steady, with a good consumptive N—$18 50@19 rver ton. MIDDLINGS$22 20824 0 per ton. FEEDSTUFFS—Rolled Barley. $25@28 per ton; Otlcake Meal at the mill, 80; job. al, £ Socoued Comy 31 B0 Mised 2031 Cottonseed Meal, $20 0. HAY—Wheat, $12 30614, with sales of extra fne WL 313 St Srigto; Wi Oat, 810015, Bur. ley ml;oml' &»; Stock, $10@10 50; Aitalfa, B RAW-45G00c per bale. Beans and Seeds. Beans continue steady as a rule, With the ) ® Giant Powder Company has declared gividend s B s 4G41 TACOMA, Jan. 31.—Wheat, unchanged; blue- | el PO up. | think | we would buy Wheat on the soft spots for & pe Upen. High. Low. Close. $118 S1 1D $11S §1 13y | No sales. but | exception of Limas and small Whites, which are easy at the recent decline. The market Is not as active as it has been, though there is still more or Jess Eastern demand. BEANS—Bayos, $2 80G3; Pea, $3 5: small White, $383 35, large Wiilte. m 3: Pink, $2 5042 Red, $2 75@3; Lima, $4 25; Red Kidneys, $4 Blackeye, $3 75 per ctl. wSEEDS Brown Masard. 65 : ustard, $3: X, H Hartern: Sirata: 33 451 Timothy, 6c: Hemp, 3%@3ie per Ib; Corn Sted, $12G15 per ton. DRIED PEAS—Niles, 50; Green, 2 25 per ctl - Potatoes, Onions and Vegetables. There was a good jobbing demand for chcl«! Oregon Potatoes, ex-steamer, and prices were well sustained. Other descriptions remain as previously quoted with supplies ample. A car of Sweets came In from Merced and cleaned up quickly at the previously quoted rate. Sales of fancy Oregon Onions were reported at 80c per cental, but the common run of offerings were dull at unchanged prices. Southern Vegetables were scarce and firm in the early morning, but there were heavy receipts later in the day, to be carried over for to-morrow's markel. Mushrooms were abundant and weak. Egg Plant was offering again and found ready saie. Four boxes of Asparagus came in from the river and sold at 0G50c per pound. POTATOES—Burbanks from the river, 40@ 60c per ctl; Salinas Burbanks, 90c@1 10 per ctl; Oregon’ do, T5c@$l; Yakima do, 90G95c; River Reds, 85@i0c per ctl; Early Rose, for | seed, $115@1 25 per ctl: Garnet Chiles from | Oregon, §1 per ctl; Sweet Potatoes from Mer- j ced. jobbing at §1 60 per ctl. ONIONS—65@75¢ per ctl for choice and fancy and 40G0c for lower grade: VEGETABLES—Green Peas, 0@6c pes String_Beans, 1214@15¢; Wax, s bake, 75@S5c per ctl: Carrots. 3@40c Hotbouse Cucumbers, 5c@$1 50 per dozen: Tomatoes per box or crate; Garlic, 8c_ per Ib; Green Feppers from Los Angeles, 5@6c per 1b; Dried Peppers, 7@Sc per 1b for Stockton and 9@1Ce for Los Angeles: Ege Plant from Los | Ansgles, 15c per b; Dried Okra, 1581740 per | b; Summer Squash’ from Los Angeles, $1 2@ 1 50 per box; Marrowfat Squash, $15@20 per lon;leuhbnd. $10@15; Mushrooms, 8@15c per b r _1b; b Pouitry and Game. The fourth car of Western Poultry for the current week* was marketed and was well cleaned up.at the close. Receipts of domestie were light and all descriptions cleaned up quickly at sustained prices. There were no | dressed Turkevs offering. There was a steady inquiry for Game and although receipts were large everything cleaned up and r' for most descriptions were higher, The cpen season for Doves and wil Ducks closed yesterday, but a bill extendin: | the season until February 15 has passed the Le: ature and awaits the Governor's signa- ture POULTRY —Live Turkeys, nominal; Geese, per pair, $2@2 23; Goslings, $2@2 23: Ducks, $5@6 per dozen for old and $6@7 50 for ycuns: Hens, $5@6; young Roosters, $6@7;: old Roos- ters, §5@5 50; Fryers, 67 Broilers, $4 G0@ for large and $3 §0@4 for small; Pigeons, $1G 125 per dozen for old and $2 50G2 75 for Squab GAME—Doves, §1 25 per dozen: Hare, $1 25 @1 50 per dozen; Cottontail Rabbits $1 i3 Brush Rabbits, $1; Mallard Ducks, $3@4 90: Canvasback, $3@0; Sprig, $2G2 50; Teal, §1 3; Widgeon, $1 50; small Ducks, §1 25, Gray Geese. %5; White Geese, T5c@$1; Brant, 75c@ =2 common, Butter, Cheese and Eggs. Butter closed the week very stiff at a fur- ther advance. Stocks were well cleaned up and | dealers were paying 33c among themiselv | They were still disposed to protect their regu- lar trade by sciling them at lnside quotations, Honkers, $5 50@4 50; English Snipe, $3: $1 50, | | in some instances over the guotations. The | shortage in supplies has lasted longer than anticipated and is liRely to last as long as | the cold and stormy weather continues. | Cheese rules weak, with slowly accumulating | stocks, and dealers are shading the quotations to_efféct sales. Egks are lower again and 30c Is now ob- tained only in a small and occasional way, and even then saddled with long time or frec delivery, or something of the sort. Receipts are increasing every day and are now quite | o, store Butter, 22%.@27%c. CHEESE—New, 14@15c for. cholce mild. 1434 15c; Eastern, 17@17%c¢, Western, 163.@17c per Ib. EGGS—hancn, ¥9¢ tor fancy and 273%@28%c lower and medium grades; Trading in the fruit market was fairly ac- tive, but suppliés of all descriptions were lib- eral and prices were unchanged. Tangerines continued weak under a slack demand and heavy suppiles. Lemons, Limes and Grape Frunt were neglected. 7Three cars of Oranges will be sold to-morrow by the oid auction com- pany and the new company will probably offer one car for sale. Strictly fancy Apples were firmly held and sold fairly well at good prices, but the lower grades were slow. Winter Nellis Pears from culd storage were steady, while the commoa cooking varieties were not wanted. APPLES—GSc@$§l for choice and §1 25@1 50 for_fancy; fancy Oregon, $1 75@2, Including cold_storage. PEARS—Winter Nellis, other winter rears, 4ug@idc. CITRUS FRUITS-Navel Oranges, $1 50@2 55 r box ior tancy, $1 25@1 id ior cholce and W5e@yl for standards; Seedlings, 75c@$1; Tan- gerines. §1 26G1 75 for haii-boxes and iS¢ fo small boxes; Lemcns, i5cG$l for . 31 20@i ov for cholce and 3:@2 Su ¥; Grape Fruit, §2 5083 for tancy seedless and $1@2 for lower grades; Mexican Limes, $5 00gp4; Bananas, $1 502 23 per bunch'for New Orleans and 75¢@$1 50 for Ha- wailan; Pineapples, $2@3 50 per dozen. Dried Fruits, Nuts and Raisins. There is more inquiry for Apricots In New York, and Prunes are also meeting with a bet- ter demand there, but tuere is no perceptible in the inquiry here. Previous prices for_ali descriptions. FRUITS—Apricows, 514@8c for Royals and Sla@lic tor Moorparks; Evaporated Apples, 4 a sun-dricd. dle@ic; Peaches, 4397 3%4G4%e for quarters and S ive for halves; Nectarines, 4% @5%c for whi Foube for pitted and 1@isc for unpitie { 4@8c tor black and 4@bc for white, PRUNES—1902 crop, 213@2%c for the four sizes, with %@1%c premium for the large sizes. | ""RAISINS—1902 crop are quoted as follows. 2-crown loose Muscatels, 50-1b boxes, Si¢ per Ib; 3-crown, 5%¢; 4-crown, 6c; Seedless, loose Muscatels, S¢; Seedless Sultanas, Oc; Seediess Thompsons, 84c; 2-crown London Layers, 2u- | 1b boxes, $1 40 er box: g-crown, 31 60; 4 crown fancy clusters, 20-ib boxes, $2; S5-crown Dehesas, 20-ib boxes, §2 50; t-crown Impe- rials, 20-1b boxes, $3; Seeded, f. o. b. | faney, 1-1b_cartons, 7%¢; cholce, 7lje. NUTS — Walnuts, No.' 1 sofishell, | 133gc; No. 2, 10@11¢; No. 1 hardshell, i@l ac; | No. 2, 9%@10c; Almonds, lic for Nonpareils, | 10%@11c for I X L, 10@10%¢ for Ne Plus Ul- | tra and 8@8%ec for Languedoc; Peanuts, 5@7c for Eastern: Brasll Nuts, 1291dc; Riivera, | 12@12%¢c; Pecans, ; Cocoanut ) |5 h.‘flan Chestnuts, S'5@10c per l;'.' o | 'HONEY—Comb, 12 e for bright, 1134 for light amber and 10¢ for dark; water white | extracted, 6@7'ac; light amber extracted, iy | @oe; dark, s@ile. ’ BEESWAX—2@20¢ per Ib. 12%9 Provisions. Trade continues dull at previous prices. The Chicago letter of Bolton, De Ruyter & Co. says: ‘‘Market was a shade easler. It was on the whole a very quiet market with a small {rade. The premium for January Pork is but the rest of the list I8 fairly sieady. grhe rharket ought to be in a more legitimate Josi- tiop, With the premiums of cash stuff taken away. Cash demand only fair, prices high, and we are inciined to think Provisions may be sold on strong syots.” CURED MEAT>—Bacon, 12 per Ib for heavy, 12%c for light medium, 14@lilsc for light, 10@1563%c for extra light, 16@ltige fur sugar curéd and 17@1T3ac for extra sugar cured; Eastern sugar cured H. fornia_Hams, "%"“k“ "‘”.:‘?“i;l.“fi 6: My B S e Ve o U e P 3 3 ; Mess, i ted Pork, 12e; Por} = ¢ P O etnd Hwet. e LARD—Tlerces quoted at Sc per Ib for come pound and 12¢ for pure; half pure, lz%c;ul:-ll tins, 12%c; 5-1b tins, 12%c; 3-1b COTTOLENE,— One haif barrel, 104¢: three balt 10c; one tieroe, H%ec;: two tierces, 9%E: five tierces, 9%c per Ib. Hides, Tallow, Wool and Hops. Less activity in Hops is reported, though rales are being made at full figures right along and tae market rules firm. There i nothing new in Wool or Hides. HIDES AND SKINS—Culls and brands sell {about 134¢ under quotations. Heavy Saited Steers, 1llc: medium, 10c; light, § Cow Hides, 5¢ for heavy and & for Stags, 7¢: Salted Kip. 8%c: Salted Veaf’ I Calf, 10%c: Dry Hides, 17@17%: wool, 40GtSe each: wool, 90cG#1 50 each; for Jlarze and §2 50 'for #mall -and bbe for Colts; £1 35 for large, $1 50 for medium, §1@1 25 small and 00c for Colts. Buck Skins— for Setican, S2lge; dry Salted Mesican, 336 dry most of which had | per sk: | from Los Angeles, $1 50@2 00 | but transient buyers had to pay higher prices, | $1 7582 per box; AUCTION SALES & P23 B Anym.h:nudollcndm. wagon, sur- rey, buggy, cart or any kind of a single or dou- ble harness will do weil to call at 1140 Folsom TUESDAY, Feb. 3, 11 a. m. Central American, 3234c. Goat Skins—Prime e T e smooth, 80c; medium, } JALLOW—No. 1 rendered, 5%@6c per Ib; No. 2, 44@0c; grease, 3@ic. 2 ‘rool.l—:yrnn‘—\'u ey Uregon, Lambe, 15Q r Fall Clip—San Joaquin-and Southern, T@10e per Ib; do Lambs, 8@10c; Northern, defective. 10c_per Ib; Humboldt and M-adocine, 129 18¢; Middle County, 9@lle per Ib. HOPS—24%G26%c per Ib. San Francisco Meat Market. The situation remains unchanged. Hogs and { Mutton are firm and in light supply, while | Beet i steady. DRESSED MEATS, Wholesale rates from siaughterers to dealers are as follows: 3 BEEF;1@7%¢ for Steers and 8@G%e per 1b for Cows. VEAL—Large, 8@9c; small, 9@10c per Ib. MUTTON—Wethers, 9G9 small Wetn- ers, 10c; Ewes, 9G934c per Ib. LAMB—Spring, 15g16c; yearlings, 104¢ per und. P PORK—Dressed Hogs, $%@9%c per Ib. LIVESTOCK MARKET. | The following quotations are for good, scund | Livestock, delivered in San Francisco, less 30 per cent shrinkage for Cattle: CATTLE—Steers, 833@0c. Cows and Helfers, 7@7%e; thin Cows, 4@%c per Ib. ‘CALVES—4@5%¢ per Ib (gross weight). SHEEP—Wethers, 4@4%c; Ewes, 314G8%e per Ib (gross weight). LAMBS—Yearlings, 414@4%c per Ib. HOGS—Live Hogs, 169 ibs and up. 6%c: under 160 Ibs. 63G6%c. feeders, 6% @0%c sows, 20 per cent Oft; boars. 50 per cent off. and stags, 40 per cent off from above quota- tops. h . | | | | | ! | | General Merchandise. BAGS—Grain Bags, 0%@8%c for June-July delivery; San Quentin. 5.35c: Wool Bags, 320 3c; Fleece Twine, T14GSc. COAL—Wellington, $& pe- tom; Southfield Wellington, $8; Seattle, $6 50; Bryant, $6 30. Roslyn, §7; Coos Bay, $5 50; Greta, §T; Walls- cnd, $6 50; Co-operative Walisend, = $6 30; Richmond, §7 50: Cumberland. $12 in bulk aird | $13 25 in sacks: Penusylvania Anthracite Ezg. | Welsh Anthracite Egg. -$13; Welsh Lump, $11 50: Cannel, $9 per ton: Coks, $15 per ton in bulk and $17 In sacks; Rocky Mountain descriptions, $8 45 per 2000 1bs’ anid | $8 50 per ¢ ccording to brand: 5 e | OIL—ammr~d, O86c for bolled and Séc for ra= in ' barrels; cases. Sc _more;- California _Castor Oil, in cases, Na.- 1. 0c; pure, $1 16; Lucol. 80c for boiled and 4S¢ | for raw ‘In barrels; Lard Oil extra winter- | strained_barrels, §1: cases, $1 05. China' Nut. | 85@62c per gallon: pure Neatsfoot, in barrels, 70c; cases. 75c; Sperm, pure, 70c: Whale O, natural White,' 56@30c per gallon: Fish Oil, in barrels, 45¢; cases Coeoanut Ofl; in -’ barrels, 63%¢ for Ceylon and 58%c for Aus- tralia. G COAL OIL—Water White Coal Oil, tm b 16c; Pearl Oil in cases, 22%ac; Astral, 22 | Star, 223c: Extra Star. 25% Eocene, bulk, 18%¢; In cas | 16c; in cases, 22lh¢: S6-degres Gasclin | bulk, 21 | __TURPEN ¢ per gallon in cases ani | *Sc in drums and fron barrel RED AND WHITE LEAD-Red Lead 6@ “lsc per Ib; White Lead, ¢, according to quantity. b SUGAR—TRe Western Sugar ~ Refining Company quotes as follows, per . ib, in 100-Ib bags: Cubes, A, Crushed and ° Fine Crushed, 4.90c; powdered, 4. Candy Granulated. 4.75¢; Dry Granulated, fine, 4.60c; Dry Granulated, coarse, 4.65c; Frult Granu- lated, 4.65¢; Beet Granulated (100-1b bags | only). 4.85¢;’ Confectioners’ A. 4.85c; Magnolia A 4.25c; Extra C, 4.15¢; Golden C, 4.05c 3.95¢; barrels, 10c more: _haif-barreis, 25¢ more; boxes, S0c more; 50-1b. bags, 103 Continued on Page Thirty-Nine. ADVERTISEMENTS. SMALL INVESTORS COMBINE CAPITAL Pooling Their Interests They Form An Enormous and Powerful Combine, Realizing Enormous Profits. One of the noteworthy moves in the financial world that is attracting a great deal of atten- tion is the pooling of interest by small invest- ors. A St. Louis firm, the National Securitics Co., is the prime mover in the plan. - This Company receives the money of thousands of smail investors and combining it forms gi- gantic sums which enable them to successfully transact enormous deals that pay handsome profits to the individual members of the pook. - | This is another phase of the Community of { Interest Idea made sa popular by J. Plerpont | Morgan. The only difference is that this Com- }pnny is composed of an unlimited number of | small investors, while Mr. Morgan's companies | are composed of a limited number of rich men. | The National-is the first compaily organized on . | this new plan, but because of its wWonderful - | suceess it 1s but & question of a short time un: . | tit many more will enter the fleld. It is'a well - | known fact that the man of money has thou- | sands of opportunities to make profitable | vestments that never come to the man of smal | means. In popular language, “it takes.mdney - to make money.” By this successful plan of combination the small investor with from fifty to a few hundred dollars secures the same Gp- portunities that come to. the man of miilion: and as & consequence reallzes the same enor- | mous per cent of profit on his invéstment, how- ever small it may be. It can be safely sei that a more marked departure than this plan was never made In the world of money and- those who take alvantage of the apportunitres * offered by this company will realize more on thelr money 1n & week than they would under _ ordinary conditions In a year. The general . plan upon which the company is operated doss . not materially differ from that employed by the * National Banks, the Investers of the comi- pany occupying the same position as the stock- holders of the bank. Each and every 30 days a dtvidend 1s declared and each Investor re- cetves a draft for his profits during this time. The investment is amply secured and Investors run no risk wWhatever. The entire capital of the company, One Hundred Thousand DoHars ($100,000), stands between the investors and: loss. The majority of the mammoth fortunes of this country were made by almost exactly the same methods as those employed by the National Securities Company. Combination | the keynote of present day Success. The smail investor by placing his momey with that of hundreds and even thousands of other small in- | vestors obtains all the advantage of enormous capital, ana his money earns as mueh, dollar. for dollar, as that of the millionaire “Captains of Industry,” while small sums If invested alone earn but 3 per cent or 4 per cent and are usually tled up for long periods of time. In- vestments in the National Securities Co. pay more than this each month and are subject to withdrawal at any time. Upon jnvesting. the investor receives a Certificate of Deposit stati: on its face that a sum equal to 6 per gent a month is guaranteed, payable monthly, and giving the holder of the certificate the right to return the certificate at any time he may choose and withdraw his investment in whoie or in part instantaneously. This is without question one of the greatest opportunities for safe and highly profitable Investment in the entire financial world, It is Worthy the care- ful consideration of any man who desires to rapldly accumulate a snug bank balance and 8 money invested where it is at all cial standing and reliability is beyond ques: tion. The National Securities Company Is ra, 1dly extendng its fleld of operations and arouse additional interest has Issued & beokiet explaining fully its plan of operating and giv- ing full information in regard to everything an investor would want to know. This booklet sent free to all who write for It. Address Louts, Mo,