The San Francisco Call. Newspaper, February 15, 1903, Page 35

THE SAN FRANCISCO CALL, SUNDAY, FEBRUARY 15, 1903 SUMMARY OF THE MARKETS. New York Stock Market steady and uninteresting. Local inues to rise. Exchange unchanged. Wheat and Barley still in light supply and firm. Oa's, Corn and Rye firmly held at previous B and Middlings higher and very scarce. Hcy market easy and sensitive, . B in light request for Texa s and the East. tatoes beginming to clean up better. Onions ple ultry dull, with retailers zeell supplied. Game season for Ducks and Dove inally clos ed. resh Fruits still dull, owing to the cold weath: Nothing mew in Dried Fruits and Raisins. All Provisions as previously quoted. Wool, Hops and Hides unchan Hogs and Sheep in light suppl Supplies of Beef and Veal am Bank Clearings. week the Jocal bank cl sain of more than $4,000,000 o ssponding week of last year, bein 5 against $24,046 18 Veather Report. 0.0 COAST RECORD. STATIONS 00 o0 Kiiling fros Citrus fr smudge vig warmer; light north Fair Sunday; to easterly morning. McADIE, t Official Lging the EASTERN MARKETS. New York Stock Market. gative character was notable ye: which and there was even som. and ther 3 in w v . a point. General i further on dexpectations 10 stockhoiders to secure from the purchase of the Stauley ctric Compan haps by Dew stock cription rights erican Smelting adva an addition T8, with intimations that the ir the silver market was to the advantage ompany. The signing of the pr submission of the Venczuelan d Hague Arbitration Court was cited The he buying sed to be checked and th the new convertible bond Liquidat n the ued at 90, as compared with the ssue price 1o stockbolders at 871 «ded & fraction on the appearance of statement but the market steadied loan increase of $11,274,800 is not mpared with the corresponding ¥ vears, It is believed that some wing has been for the purpose of orelgn obligations, which can noy antage. The surplus of $15) s with $13,460,850 at this time $12 852,450 two years ago. art_of activity and strength on % market fell back again into £ apathy and lethargy. This was s new demonstration of the fu- s of speculative combina. awaken iuterest in stock: outside public. These ele. ir favor the continued ease ns and especially the intro- Afier a Monday the a conditi “pted of webe) duction in Senate of the Aldrich bill for liberalizing th visions for Government deposits banks. in preventing in the The somnolent state of specula- tion is @ puzzie to the professional element in view siringency | money markets during the coming fall of the spparent promise for future nportance attached to the AlMrich bill in_current financial @iscussion probably offers & key to one of the yeasons of the prevailing hesitation in the stock market. It fs now gen- erglly realized that the money market passed through & money crisis last week which had many dengerous elements in it. The step taken by the Secretary of the Treasury in sc- cepting State and municipal bonds as security for Government deposits was & potent factor in mverting & catastrophe. The problem of avolding @ lock-up of surpius Government rev- enues in the Treasury grows in difficuity every Sear with the Erowing scarcity and augment. 4 price of Government bouds. % ‘rf.. device of purchasing Government bonds @t & preroium in the open market has come to cause & displacement of bonds depos- ited to secure circulation. thus operating to ontract the circulation 2t one point in the yroportion it is expanded st @nother, It is with great relief, therefore, that the finan~ial warld sees the prospect of the deposit of Gov- ernment surplus funds with banks at 1% per cent interest on the security of State, municipal enc approved railroad bonds. Toe removal of inbibition agalust deposit of | customs receipts with the banks s also cai- culsied 10 be of special benefit to New York \ ged. y and wery firm ple for the prese mi ury in withdr with the b e adoption th New Y institu ase of the £ ure for r circula eserve loan a the t f the with th expansion »mpa iombi ¥ awal trust tic dits on, he ione therefore c reserve for meeting demand requi not only from their i trust companies reserve centers. Clearing-house formally condemns the is of last fall as unsou eviation th nt ocks and Bonds unusually active for Saturday Bank Clearings gain over $4,000,000 last w Straw neglected and weak. are lable uction f sccur of of I may e Opp: i ite of $40,000,000 10 ntiful and dull pavable of pent deposits is an ad- circulation. possibl- t more side ny shareholders and tion of « therafore ind companies calls attention to @ cial situation last fall withdrawal it will be remembered. Clearing-houke banks near to their limits and materfa ounts of interior banking institu- umabl and f th t be provided of the passage of the Panama Canal ble that a bond purpc venue surpl he accumuiation cash balance in en e, in the United for these pay- sovernm de quirement by for addi e trust This lenders 1 correc d. <l - ¢ Teserve maintain- was on deposit with and the reserve of pstituted the ul- | of expanded pa- A conformity new requirements calls for the accu- mulation of 5 per cent of deposits in cas the trust companies by June 1 next, by February 1 next and 10 per cent 1, 1904. It is reported b# authogities hange market that many millions of extension lits in that direction left the jocal money market vulnerable to calis There is every in the bond d ment of th x Exchange (hat bond under writing syndicates which we: d the stress f last fall’s money market have been market but i ditional fic | Pennsylvania work and t $10,000.000 bond; more ier lch e capital ar o t gl T in the evic ased Gecislon of the and to authorize $40,000,000 e examples of these needs, to be repeated in other cases market mor fence by the handle the volume offering and to avoid freight congestion nearly $40,000,000 negotiated by the ailroad to push its betterment iy indicated may be matter for increase of the di reflux »ses than stock market to explain the for rasiroad ¥ help ‘market. New 'requir largely shown also. The situation plainly requires the employment of of Erie to issue ney tage of for these various purposes et of the avallable supply of 2 rket operation: ement of bond prices has bew.-! ir- regular this week and the principal activity has been in speculative issues. The large gs In St Loul San Francisco fund- 4 were tributed to the dissolution.of V'n(xv‘ States W ‘4)3 coupon and new 4s registered declined % per cent, the old s 1 per cent and the 2s 15 per cent as comparel with the closing call of last week. & Tran. m & T pfd. C & St Louls. suthern ... South Ist pfd. th 2d prd. & Rio G.. Val pfd.. Central wa Central 3 Jowa Central PiG.. K C Southern.. K ' Southern pfd. Lake Erie & West. L. Erie & W pfd... an National.. & St Louis Pacifh | Mo Kan & Tex ptd J Central N Y Central . Norfolk & West.. Norfolk & W pfd. | Ontarto & Western Penneyivania Reading . ; Reading Ist pfd.. Reading 24 pid Rock Island ock Island pfd. Bt Louis & S F... St L & S F 1st pfd StL&SF pra St Louis 8 W..... t Louis § W pfd. t Paul ... t Paul pid : Southern Pacific. .. | Southern Railwa | Southern Ry ptd.. | Texas & Pacific Tol St Louls & W. Tol St L & W prd. Union Pacific. . Union Pacific p Wabash ... Wabash pfd. Wheel & Lake Erie W & L E 24 pfd.. Wigconsin Central. ‘Wisconsin Cen pfd. Adams . American . United States. Wells Fargo. Miscellanecus— Amal_Copper. Am Car and Found | Am Car and Fg!d. | Amer Linseed Oil.. | Amer Lin Ofl pfd.. ve . | Brookiyn Colo Fuel & Iron. | Consolidated G | | General Electric Hocking Coal International Paper Inter Paper pfd.... | Internation'l Power Laciede Gas. National Bisc R Express Companies— 100 2,500 6,000 4,600 1,400 %00 2600 100 1,900 19,500 200 800 100 400 STOCK LIST. Low 88 100% 1004 15 Ciose. | 8814 1001, | statements of the last week | The current exhibit of the banks for the week | the opening of the present year have risen [ a “colncident increase In capital now showing | i | statement cannot be regarded as favorable th fc “Coa Pacific Mall People’s Gas. Pressed Steel Car,. % Stell C ptd Pal Care. Steel... Steel prd iron. 5 Rubber. Rubber pfd . eel prd stern, Union. ... Total sales 500 OF SAN FRANCISCO. . _J.—Curb quotations: | San Francisco bonds, | sked; subscriptions, not | | ¥ YORK BONDS. | Mex Cent 4s Do ist_ne |Minn & St L M. K & Tex 4s. Do 2ds . N'Y C gen 874 N J C gen bs Do _3s & Nor & W con 4s Atch gen 4s 13/ Read gen 974 | Do adj 4s . 4 S L &I M con 5s.115 sal & Obio 4 tL&SFds.... 98 94 |St Louis SW lsts, 7 105 Do s . 83 10714/S A & A Pass 4s. 86 | 10815 So Pac ds . 7914 S0 Ry bs 1 106% Tex & Pac lsts..117 TT T, SEL & W ds.. 19 041, Union Pacific 4s..1031 11134 Do conv ds....106% 3 |Wabsash 1sts .18 | Do 2ds . a0s | Do deb B ... 10 a1 West Shore 45 ....111% W & L Erie 4s.. 93% ‘Wis Central 4s.. 921, Con Tobacco Do gen 4 Colo Fuel & | FwW&bDC 111% Rock Island 1 Hocking Vi %108 * | Pennsylvania Gl L & N unif Manhattan -103% NEW YORK MINING STOCKS. Adams - 25 Little Chlef ..... 09| Alice Ontario . 600 Breece » Ophir . 245 Bruns Con 06 Phoenix . 8| {Potosi < s Savage 10! 14 ferra Nev <110 Small Hopes 03 Standard z BOSTON STOCKS AND BONDS. | Money: Westing Com ...107 | Call loans 4 5 Mining- Time loans 14@5 Adventure . 141 | Bon Allouez .. 8% Gas 1sts 110% Amal Copper 70 | Mex Cent 4s 76 | Daly West Railroads— Bingham ........ ! Atchison . . 87% Calumet & Hecla.525 | Do pretd 11003 Centennial . { Boston & Albany 261 Copper Ran; i Boston & Maine.1 Franklin Boston Eley .. - Mohawk . NY, NH & H..220 ~ 0ld Dom Fitchburg prefd..142% 'Osceola Unton Pacific ....101% Parrot Mex Central - 261 Quincy . Miscellaneous— Santa Fe Amer Sugar 13014 Tamarack 1211 Trimountain . 548 Trinity . %' | Utan Victoria 915 | Winona 285, | Wolverine . CLOSING STOCKS. Do prefd . 1 Cons for moneyy 13- Cona for ac: Anaconda Atchison 9015 Pennsylvania . Do prefd 102 Reading Bal & Ohio 10235 Do 1st prefd Can Paclfic 11 Do 2d prefd « & Ohio 5 i3/ S0 Ratlway Chi Great W 28151 Do prefd Chi, M & St Paul.1x2%So Pactfic . 14 Den & Rio G 4213 | Union Paciflo ...1041; Do pref 92| Do prefd L o1l Erie .. 41% U 8 Steel . 38% M Do pretd 9015 Wabash ... 3a] Do_prefd Blay 12913 De Beers .zw.i Y Central Bar silver—Steady, 22}4d per ounce. Money—31@3% per cent. The rate of discount in the open market for short bills is 3ia per cent and for three months’ bills 3% per cent. Associated Banks’ Statement. NEW YORK, Feb. 14.—The statement of ages of the Clearing-house banks of this s for the week (five business days) show increase, 74,800, ates deposits, $20,557,700; decrease, Financier saya: The continued expan- sion in loans reflected in the New York bank is beginning to in_monetary circles. | attract some attention sbruary 14 showed a further rise in the loan item of $11,274,800, bringing the total | to $936.233,500, or more than $4,000,000 above the corresponding week In 1902. Loans since ending F $61,000,000, deposits have expanded $79,000,000, while cash reserves show an increase of $25. 000,000, The banks have improved their posi- B scmewhat as fax aa perosntape of rasecys is oncerned, but it is worthy of note that the money now flowing Into New York is being | absorbed almost as rapidly as it returns by current requirements. The new loans repre- sent to a great extent corporation borrowing and international exchange settlements, the Jatter reflecting traders of indebtedness to this side. For the current week the statement has been somewhat confused by the results grow- ing out of the amalgamation of two banks and in the several Jeading items. The offictal state- ment does not agree in its cash showing with the preliminary estimates of the unofficial fig- ures, indicating that the banks had gained on interlor movement. The statement, however, makes the loss in legals almost exactly coun- terbalance the gain in specie, the total of cash remaining stationary when compared with the previous week. Deposits were expanded $12,- 130,000 as a result of the rise in loans and the surplus reserve was reduced $3,016,000, bring- ing the excess above legal requirements to £15,520,675, which is about $2,000,000 more than at this period Jast year, aithough the total cash held by the banks is between thirteen and fourteen millfons less than a year ago. Cireu- lation continues to decline, the loss for the week having been $438,800. As a whole, the from the speculative standpoint, but it s in- teresting to conslder whether a continued rise in sterling exchange can be expected if the rates for money stiffen as a resuit tinued demand for cash as reserve against the heavier deposit totals. The statement, {t |s proper to observe, covers but five days only, owing to an intervening holiday. Exports and Imports. NEW YORK, Feb. 14—Total imports of merchandise and dry goods at the port of New York for this week are valued at $12,716,968, Total imports of specie at the port of New York for this week were $475 silver and $9765 gold. Total exports of specle from the port of N ‘or) for s week were $983, Ana $10,000 gold. e D e N A et ’New York Grain and Produce. NEW YORK, Feb. 14.—FLOUR—Recelpts, 81,187 barrels, exports, 18,611 barrels. Dull and unchanged. Winter patents, $3 65@4; win- ter straights, § 5060 65: Minnesots patents, 1094 ; winter extras, 80@4 19; S Fesots bakers, §5 2505 457 winter loW grages 60a2 90. wHEAT—l—Recelnu.fl”.ooo I#uhazl:; e, bushels. Spot, firmer; No. 3 ators No. 2 Ted. 8350 1. 0. b. aneats mb 1 Northern Duluth, 89%c f. o. b. afloat: No. 1 hard Manitoba, 90c, . 0. b. afloat. Options displayed moderate activity and_steadiness during the forenoon, sustained by higher French cables, colder weather West and rains in Argentina. The close was firm at 4@l net mdvance. March closed e May 7169 1681 closed 8lic, Jul %‘l’/‘.‘c. clo;?a‘nm. September 76 ls-lmu-m, | closed T674¢. H HOPS _Firm. State common to cholce 1902 | 30@2Te; 1901 erop, 24@27c: olds, i 50, Pacifio Coast 1902 crop, Z1@8zer 1901 ‘Wheat— March. ;]. Openi S 6% | Closing . 617y PARIS, Wheat— Feb. May-Aug. Opening .. 24 05 23 25 Closing . 2415 23 30 * Flour— Opening ... 818 8075 Closing . 31 40 | any time and the demand only fair, shorts tak- | ing the most of the offerings. | oats pit and, there was considerable liquidation May July Fel | May July ... F Mess Pork, per b i { May T ‘ 5 17 Juiy 18 4734 16 5213 16 4734 16 Lard, per 100 lbs— 950 9050 9 55 30935 9 35 [ o Cash quotations were as follows: Flour, firm; winter patents, $3 60@3 70; straights, | 5 BU@s 40, spring patents, $3 50@3 8O stralghts, 1063 _40; bakers’, $2 40@2 9U; No. | 2 spring No. 3, 66@uSe No. 2 ved, G404 . 2 corn, 43%¢; No. 2 yellow, .3 outs, $414¢; No. & White, S5@3tc; isH@40c; Kood feeding barley, 42 | $1 60, { Flour, barrels . | light, Tc: olds, 8@12%4c. amn’;fi-nm‘ California, 20 to 25 pounds, “‘v'voop-ar;:zr.n Domestic fleece, s@sze. SUGAR—Raw, firm r reflaing, 3l5¢; cen. test, '5 RNy %410 4¢: No, 12, 8.9%¢; No, i Confectioners’ A, 4.50c: mold, A, 4.90c: cut 5.25c; crushed, 5.25c: powdered, 4.75c; ulated, 4.65¢; cubes,” 4.90c. FFEE—Spot Rio, firm; No, 7 invoice, 5l%c; mild, quiet; Cordova, T@l1%ec. Coffee futures closed steady, With prices unchanged | Sales, 10,750 bage, includ- @1.80c; July, 4.90@ ¥ Septembi . 5e; November, 5.20¢; December, 5.25c; January, 5.40c. DRIED FRUITS. EVAPORATED APPLES—Continue firm. A fair demand is noted. Common are gquoted at d@de; "}3‘,1'” at 614 @5l4c; cholce, bL@6lc; fancy, C. SPOT PanNHS—!huw little change, being easy for the smaller sizes, though the more at- tractive descriptions are firmly held. Quota- tiong range from 8l4c to Tie for all grades. ICOTS—Are in moderate demand and firm n&?elo%c in boxes and 7%@10c in bags. PEACHES—Are quite easy at 12@18c for peeled and at 6% @Sc for unpeeled. ‘ —_— Foreign Futures. —_— LIVERPOOL. 80 80 | Chicago Grain and Produce. % —————————+ GHICAGO, Feb. 14.—There was only a scalping market in wheat and the volume of trade was light. Offerings were not heavy at ‘The early mar- ket was firm on better cables than antici- pated, here_vesterday, pi Y. | taking into consideration the declines and May opened Jg@lc higher After selling at 77 /4 a decline to TT%e ved, due chiefly 1o the poor Bhow- ing in the cash market and the lack of foreign demand. Covering by shorts on the breaks prevented any serious decline and the close vas steady, May being {4 @Jc higher at Ti%@ Corn was easler q%dor heavy liquidation by longs. Seasonable weather for the crop move- ment and general selling by commission houses | made the market rule easy throughout. May closed lic lower at 45c. Seiling pressure was again in evidence in the by the leadihg bull interes The close was easy, with May lac lower at 36%@36%c. ‘small run of hogs and higher prices at the yards caused firmness in provisions. May | pork elosed 12isc higher, lard was up 5@7%c and ribs were 15¢ higher. The leading futures ranged as follows: Articles— Open. High. Low. Close. Wheat No. 2— 2 February 741 May Ti%h July | Corn No. Febi September . 9 » choice malting, 48@56c; No. 1 flax- ; No. 1 Northwestern, $1 19; prime | d, $3 60; mess pork, per barrel, 4 lard, per 100 pounds, $9 60w short ribs sides {loose), $9 26@4 salted shoulders (boxed), $8 121@8 25, clear sides (boxed), §9 @9 75; whi =is of high wines, $1 30; clover, contract grade, Articles— Receipts. Shipments. 19,000 Wheat, bushels . 20,000 Corn, bushels 138,000 Oats, bushels 138,000 Rye. bushels - 3 Barley, bushels . 58,000 10,700 On the Produce Exchange to-day the butter market firm; creameries, 18@26%c; dai- rles, 15@23c. Eggs, steady, 14}{@14%c. Cheese, steady, 1212@15%c. Eastern Livestock Market. CHICAGO, Feb. 14.—CATTLE—Receipt: #00d _to prime steers, $4 40@5 50; | $3@4 25; stockers and feed- | cows, $1 40@+ 40; heifers, | CHICAGO, 500; nominal poor to medium, 52 2664 50 3 50GS; Texas fed steers, §3 5064 25. | " Receipts to-day, 12,0000 to-morrow 38,000; left over, 4500; strong to 10c¢ highes inixed and butchers, $6 70@7 10: good to cholc heavy, §7 10@7 25; rough heavy, $6 70Q" $6 45@6 70; bulk of sales, $6 T0@7. SHEBEP—Receipts, 1000; steady; lambs, steady: good to choice wethers, §4 T5@5 50 | fair to cholce mixed, $3 50@4 70; Western | theep, $4 75@ 55: native lambs, $4 T6@8 60; | Western lambs, $4 76@6 50, ST. JOSEPH. ST. JOSEPH, Mo., Feb. 14.—CATTLE—Re. eipts, 400; natives, 34 25@4 B3; Texas and Westerns, $4 50; cows and helférs, $4@4 25; | stockers and feeders, $3@4 25. HOGS—Recelpts, 2000 light and light mixed, $6 70@6 92%c; medium and heavy, $6 85@7 05; pigs. $5 756 60; bulk, $6 8506 95, SHEEP-—Recelpts, none; lambs, $5 75@6 25; yearlings, $3@5 7; wethers, $4 73@5 35; ewes, 34@4 50, New York Metal Market. NEW YORK, Feb. 14.—Prices for the vari. ous metals are upheld by the light demand, no changes being reported. Copper easy, offerings | are in excess of consumers' requirements, but there §s no quotable change. Standard, $12, nominal; lake, $12 75@12 90; electrolytic, $12 66@12 75; casting, $12 85@12 60, Tin was firm, following yesterday's English advance; spot quiet at $29 G0@29 75. Tead qulet and steady; spot $4 1215, Epelter firm; eupplies light; quoted at $5@ 5 05, Iron firm; nominally unchanged. New York Cotton Market. NEW YORK, Feb, 14.—Cotton opened stead; at unchanged prices to decline of 5 poinis and closed weak and lower. Northern Wheat Market. OREGON. PORTLAND, Feb. 14.—Wheat—Walla Wal- la, 74@70c; bius etem, §Sc: valley, T8l4c. WASHINGTON. TACOMA, Feb. 14.—Wheat, unchanged; blue stem, 88c; club, Tb%c. Northern Business. PORTLAND, Feb. 14.—Clearings, Lalances, $130,593. SPOKANE, Feb. 14.—Clearings, 14.—Clearings, 14.—Clearings, balances, $29,563. Foreign Markets. LONDON, Feb, 14.—Consols, 92 15-16; silver, 221d; French rentes, 100f 21ic; cargoes on pas- e, easier and neglected; cargoes Walia Wilia, 20s 6d: English country markets, quier. LIVERPOOL, Feb. 14.—Wheat steady; No. i standard California, 6s 1134d; wheat in Paris, steady; flour in Paris steady; French country mut:':-,dqm:t but steady; weather in England, oudy. TN Uplands, 5.14a. —_— LOCAL MARKETS. | —_— Exchange and Bullion. e s — 4 - 4 89 e 12 e 15 Silver, per ounce . 487 pat Mexicau Dollars, nominal...... 383, @ 39 Wheat and Other Grains. WHEAT—Liverpool futures were weak, but Parls futures were higher. Cables from the Argentine were generally favorable. Some lo- custs were reported In the northern part of ~ %4 | §4@4 256; Oat Groats, $5 25 Hon;lny, $4 250 | 4 50; Buckwheat Flour, $4 ; Cracked | Wheat, §4; Farina, $4 50; Whole Wheat Flour, $3 75; Rolled Oats. barrels, $7 35@9; in sacks. 36 85G8 00; Pearl Barley, $6; Split Pe boxes, $6 50; Green Peas, $5 per 100 Ibs. | Corn Meal, | fine at $14 50; Wheat and ‘Qat. $12@13 50; ked {and Black Oat, | fa, §10 50@12 par ton, Santa Fe province, but they have thus far done no damage. Chicago stood about the same. Bolton, De Ruyter & Co.'s letter sald: ‘‘Market here was extremely dull, but with less selling pres- sure. Cables showed more strength and the liquidation of profits of the last few days has relieved the market to some extent. Suow is predicted in the winter wheat belt and the cash situation is uninteresting. Much depends upon the tendency of foreign markets during the coming week, but without help from that quarter the outigok {s rather dull. Naturally thera should be.some feaction after the recent ecling In this market futures were a little higher, but cash quotations remained unchanged. Thi demand for Wheat continues sharp all over the State, CASH WHEAT. No. 1, 1 60, according to location; Milling, $1 @1 65 per ctl. FUTURES. Session 9 to 11:30 a. m. 1 Open. High. Low. Close. May ... $1 4015 §1 4975 $1 491, $1 4975 | December ... 126 128 125% 125% BARLEY—Both cash and future markets were firm. Offerings continued light, but | there was no particular demand. Sales’ were | at full figures. Some dealers asked $1 20 for Feed, but no sales at this figure were reported. CASH BARLEY. Feed, $1 18%: Brewing and shipping grades. $1 20@1 22%; Chevaller, for seed, $1°60G1 75 for fair to choice. FUTURES. Sersfon 9 to 11:30 a. m. Open. High. Low. _Close. May ... $1 163 $1 163 $1 16% $1 16% December. ... 88%c bid, 90c asked. OATS—Continue very firmly held, owing to the conditions stated vesterday. Offerings are sufficient for all current demands, but re- ceipts are light, White, $1 2754@1 87%; Black, $1 20@1 25 for feed' and sl 25@1 32% for seed; Red, $1 2215@1 30 for common to choice and $1 524, @1 35 for fancy: Gray, §1 25@1 35 per ctl. CORN—Conditions remain as before stated. The Chicago letter of Bolton, De Ruyter & Co, says: ‘‘Market here a littls easy. There was considerable selling through brokers, Which ked like Patton. The buying at the decline good. There {s some uncertainty about the demand, but we think it is due more to inabllity to get cars than anything else. V| ible Monday will likely show some increase. Western (sacked), $1 25@1 271 for Yellow, $125@1 27% for White and $125 for mixed: Callfornia, large Yellow, $1 45 down, according to dryness; small round do, $1 60@1'75; White, $1 35; Egyptian, $1 40@1 45 for White and $1 20 @1 2% for Brown, RYE—Quotable at $1 15@1 173 per ctl. BUCKWHEAT—Nominal at $1 7502 10 jper cental, Flour and Millstuffs. | FLOUR—California Family Extras, $4 40@ 4 65, usual terms; Bakers’ Extras, $4 3094 40; Oregon and Washington, $3 70@4 per bbl for Family and $3 70@4 20 for Bakers'. MILLSTUFFS—Prices in_packages are as | follows: Graham Flour, $3 50 per 100 Ibs Rye Flour, §3 25; Rye Meal, $3: Rice Flow §i; Corn Meal, $3 25@3 50; extra cream do, Hay and Feedstuffs. Bran and Middiings continue scarce, the former especially, and both are higher again. There is not nearly enough Bran here to fill the demand. Hay continues easy, with a se sitive market, which immediately hardens u der light receipts and softens under any in- crease. Straw continues weak and dull. BRAN—$20G21. MIDDLINGS—$26G27 per ton. FEEDSTUFFS — Rolled Barley, §25@26 per ton; Ollcake Meal at the mill, $25@25 Jobbing, $26@26 50; Cocoanut Cake, $21@22 §30g31; Cracked Corm, 50@ | 81 50; Mixed Feed, §18 50@1Y 00; Cottonseed Meal, $26 60. HAY—Wheat, $1250@14, with sales of extra 11@13; Wiid O: 14 36 %G Sog 1o so” Ak STRAW—42%@05¢c per bale. Beans and Seeds. | Limas are quoted weaker, but otherwize Beans remain about as Before. The demand for Texas and the East is now light, but sellers remain firm. There is little doing in Seeds. BEANS—Bayos, $280@3; Pea, $3 50@3 75: smail White, $3 25@3 40; large White, $3@3 35: Pink, $2 50@2 75; Red, $2 75@3; Lima, $4 W 4 25, Red Kidneys, $4 10@4 85; Blackeye, §3 15 per cental. SEEDS—Brown Mustard. $3 25@3 50: Yellow Barley, $10 50@i2 Mustard, $3; Flax, §2 i Canary. 6e for Lastern; Alfalfa, ~ 10@15c; ' Rape, 14@2i5¢; Tiinotny, 6c; Hemp, $4GI%a per 167 Bross Corn Seed, $12@15 per ton. DRIED PEAS—Nliles, §250; Green, $1 75@ 2 25 per ctl, Poiatoes, Onions and Vegetables. River Burbanks are cleaning up well froma day to day as there are very few coming in. Oregon Burbanks aze in free supply and easy. he Portlang steamer airived vestefday with n° additional supply of about 2000 sacks. Seed Potatoes are still held at high prices, but the demand so far is limited. Previous prices stand for Onlons, which are dull under heavy Peas from Los Angeles cleaned up readily at steady rates. Receipts were heavy and included a lot of poor stock, which was offering below the quotations. Tomatoes, Sum- mer Squash and Beans were in limited supply and firm. Mushrooms were offering freely and found quick sale at maintained prices. The other vegetables were unchanged. ol A e S s g, 9 per ctl; nas Bu s, ctl; Oregon do, 75c@$1; Yakima do, m‘:r River Reds, 30@40c per ctl; Early Rose, for seed, $1 10g1 25 per ctl; Garnet Chiles 'from Oregon, 1 per ctl; Sweet Potatoes from Merced, jobbing at $1 60 per ctl. ONIONS—66@7bc per ctl for choice and fan- cy_and 40@60c for lower les, VEGETABLES—Green , 3@8c per Ib; String Beans, 6@10c; Wax, 5@10c; Cabbage, i5@8he per ctl; Hothouse Cucumbers, 75c@ $150 per dozen for small and $2 for large: Tomatoes from Los Angeles, $2@ 2 26 per box or crate; Garlle, 2%@3c per Ib; Green Peppers from Los Angeles, 8@10¢ per Ib; Dried Peppers, 7@8c per 1b for Stockton and 9@10c for Los Angeles; Egg Plant from Los Angeles, —— per 1b; Dried Okra, 1Bc per Ib; Summer Squash from Los _Arngeles, $1 50 per box: Marrowfat Squash, $15G20 per ton; Hubbard, $10@15; Mushrooms, 20@25c per Ib. Poultry and Game. Poultry closed the week dull, retallers being heavily supplied. Although fine large young stock was in fair request there was a con- siderable quantity unsold at the close. Re- celpts were over fifty coops, something un- usual for Saturday. Seven cases of dressed ‘Furkeys came in and sold at 20@23c per pound. One car of Western live Poultry is scheduled for to-morrow's market. Yesterdgy waa the last day of the season for the sale of Wild Ducks and Doves. Re- ceipts of both were heavy and dealers were obliged to cut prices in order to clean up. Rabbits, Hare and Geese will continue to come in as usual POULTR 18¢ per Ib: Geese, per ;~ doslings, 50: Ducks, 3506 pec_lostm for old_and 308 tor TSl Roosters, $500; Fryers: 33 0000; 33 sog4 for rollers, $4 50@0 for large and . Pij $1 25@1 50 per dozen for old and §2 mfi 73 for Squabs. GAME—Mallard Ducks, $3@3 50 per dozen; Canvasback, $8 50; Sprig, $2@2 50; Teal, §1 50: ‘Widgeon, $1 50;: Black Jacks, $1 050; Smali Ducks, 31 26; Hare, $1 25; Cottontail Rabbits, §1 75; Brush Rabbits, $1@1 25; Gray Geeze, $3@ 3 50;° White Geese, $1@1 50; Brant, §1 50g2; Honkers, $4@5; English Snipe, $3; common, $1 50; Doves, $1. Butter, Cheese and Eggs. Butter remains without change. Dealers ars still selling fine creamery among themselvem at 33@34c, and reselling to the retail trade at 34@35c. Stocks are small, taken as a whole, though one or two houses are carrying more than they like, and most dealers find the tone rather firm than otherwise. | 81.@13¢ for Moorparks; Evaporated Apples, Cheese is qucted easy At previous quota- Hohers are weak and in cversupply, but mot materially lower. Dealers are offering their ranch Eggs all over town at quotations; most of them will cut the market a cent rather than imiss a sale, and the majorily of retailers are retailing at 25c. were bringing 2lc, as much as a very fair ranch. They are about as good as ranch at wuwo(lhhy—r. Receipts were 21,900 Ibs Butter, 830 cases Esggs and 1000 1bs Cheese. letor fancy _and fl?:r firsts; mffi 82%c: store Butter, EESE—New, 1 for cholce mild; Young America, 1434@18c; Eastern, 17@17%c; Western. 16%@idc pet b, EGGS lic for fancy and 21c for lower and medium grades; store 19@2ic; cold storage Western Eggs, 19c. Deciduous and- Citrus Fruits. Trade«n the fruit market was of very small volume yesterday, although Saturday is gen- erally a busy day. Owing to the continued cold weather the market for Oranges and other Citrus frults was practicalls at a_standstill. Apples and Pears were also very dull, al- though firmly held at unchanged prices. Ripe Bananas were offering freely and prices were as previousiy_quoted. APPLES—California, 60c@$l for common and choice and $125@150 for fancy; fanecy Qregon $125@1 75; fancy from cold storage, 1 PEARS—WWinter Nellis, from cold storage, $175@2 per box; other Winter Pears, 40G7oc. CITRUS FRUITS—Fancy Navel Oranges, $1 75@2 25 per box; choice, $1 D01 75; stand- ard, $1 25@1 35; Seedlings, 75c@Sl 25; Tan- gerines, $1 @1 50 for half boxes and 506G e for small boxes: Lemons, T5c@S$1 for standard, $1 25@1 50 for choice and $2G2 30 for fancy; Grape Fruit, $1G2; Mexican Limes, $4@4 50: Bananas, §1 50@2 50 per bunch for New Orleans and 75c@S$150 for Hawallan; Pineapples, $2@3 50 per dozea. Dried Fruits, Nuts and Raisins. All descriptions remain zs befors quoted, with a quiet market. FRUITS—Apricots, 5%@Sc for Royals and 6c; sun-dried. nominal; Peaches, 4':.& Pears, 314@4l%c for quarters and 5@l0c for halves; Nectarines, 43,@5lgc for white; Plums, 5@6c fompltted and 1@1%c for unpltted; Figs, 4@dc for black and 4@c for white. PRUNES—1902 crop, 2'4@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-Ib boxes. 5l4c pe: Ib; 3-crown, B¥c; 4-crown, 6c; Seedless, loase Muscatels, bc; less Sultanas, 5c; Scedless ‘Thompoons, Slic; 2-crown London Layers, 20- 1b boxes, $1 40 per box; 3-crown, $1 50; 4-crow: fancy clusters, 20-1b_boxes, $2; 5-crown Dehe. sas, 20-1b boxes, $2 50; 6-crown Imperials, 20- Ib Boxes, §3; Seeded, f. 0. b. Fresno, fancy, 1-Ib cartons,’ T%c; choice, Ti3c. NUTS—Walnuts, No. I softshell, 12%4@13%¢: No. 2, 10@1lc; No. 1 hardshell, 11@11%c: No. 2, 934@10c; Almonds, 1lc for Nonpareils, 10% @11c for IXL, 10gi0%c for Ne Plus Ultra and 8@8%c for Languedoc: Peanuts, 5@7c for Eastern; Brazil Nuts, 12@13c;: Filberts, 124 12%c; Pecans, 11@ldc, uts, $4 5085, HONEY—Comb, 12@13%ec for bright, 113c for light amber and 10c for dark; water white extracted, Ti5c; light amber extracted, bly @b; dark, 4 C. BEESWAX—27%@30c per Ib. Ttalian Chestnuts, !‘éilbu per lb. Provisions. The trade continues to report a qulet and featureless market, with no change in quota- tions. The Chicago, letter of Bolton, De Ruy- ter & Co. says:- “Market strong and higher. There was better commission house buying. probably in way of covering shorts to some extent, but the same absence of selling pres- sure {3 noticeable and Is due to small stocks and to fact that packers are principal owrers. We think there is quite a liberal outside short interest in May Pork and possibly In May Rws. CURED MEATS—Bacon, 12¢ per Ib for heavy, 12%c for Nght medium, 14@14%c for light, 16@15%c for extra light, 16@16lac for sugar cured and 17@17%c for extra sugar cured; Eastern sugar cured Hams, ldc, Cal- ifornia Hams, 1215013%c; Mess Beef, $10 per bbl; extra Mess, $11; Family, $12; prime Mess Pork, $10@15 50; extra clear, $36; Mess, $18; Salted Pork,12c; Pig Pork, $28; Pigs' Feet, $5; Smoked Beef, 15¢ per Ib, LARD—Tierces quoted at Sc per 1b com- tor pound and 12c for pure; half barrel 12%c; 10-1b tins, 12%c; 5-1b tins, 12 3-16 tins, 13c. COTTOLENE — Onea half barrel, 10%¢; three half barrels, 10c; one tierce, 9%c; two tierces, 9%c; five tierces, 9%c per Ib. Hides, \Tallow, Wool and Hops. pure, ANl quotations remain undisturbed, previous conditions ruling in all descriptions. HIDES AND SKINS—Culls and brands sell about 1}4c under quotations. Heavy Salted Steers, 1lc; medium, 10c; light, 8lac; cow Hides, 9c for heavy and 8ic for light; Stags, 7c; Salted Kip, Siac: Sall eal, 10c; Salted 7 Calf, 10%c; Hides, 16%ec: dry Kip, l4c; dry . 19¢; e 18c; Sheepskins, shearlings, 25@30c each; short wool, w%t;&: each; medium, 65@90c; long wool, 90c@$1 50_each; Horse Hides, salt, §; for large and $2 50 'for medium, $1@2 for small and 50c for Colts; Horse Hides, o $§1 75 for large, $1 50 for medium, $1@1 25 for small and 50c for Colts; Buck Skins—Dry Mexican, 52%c; dry Salted Mexican, 25c; dry Central ‘American, 32l4c. Goat Skins—Prims Angoras, 76c; large and smooth, 50c; medium, dry TA o. No. 2, 4,@0c; grease, 3@dc. ‘WOOL—Spring—Valley Oregon, Lambs, 15 16¢_per Ib. Fall Clip—San J?slllh and Southern, 7@10c per Ib; do Lambs, 10c; Northern, defective, 10c r 1b; Humboidt and Mendocino, 129 15¢c; Middle County, 9@llc per Ib. HOPS—24%@27c per lb. San Francisco Meat Market. There is nothing new. Hogs continue in light receipt and fim and Sheep are reported in d‘l!ll.ly reduced number, both in Califernia an Nevada. There is enough Beef offiring, but no oversupply, and Veal Is also in suff- DRESSED MEATS. Wholesale rates from slaughterers to dealers BEEF—7@T%¢ for Steers and 6@6%4c per Ib for Cows. - . 9@10c per Ib. MUTTON—Wethers, 9@9%: 10c; Ewes, 9@9%4c per Ib. yearlings, 10%c per pound. PORK—Dressed Hogs, 8%@10c per lb. The following quotations are for good, seund Livestock, delivered in San Francisco, less 50 CATTLE—Steers, 8%@¥c; Cows and Heifers, 7@7%c; thin Cows per 1b, SHEEP—Wethers, $14@4%c; Ewes, 4@4%c PLA ‘"‘: “u‘ 4% @5c per 1b. HOGS—Live under 160 Ibs, 6%@6%c; feeders, 6 @6lgc; and stags, 40 per cent off from above quota- tions. clent supply for current needs. are as follows: VEAL—Large, 8@9c; small, small Wethers, LAMB—Spring, 12%@16c; LIVESTOCK MARKET. per cent shrinkage for Cattl CALVES—4@5ls¢ per 1b (gross weight). LAMBS —Yearii 160 1bs and up, 6%@7c: sows, 20 per cent off; rs, 50 per cent off, General Merchandise. BAGS—Grain Bags, 5%@5%c for June-July 1 rendered. 51G6c per m: | ! AUCTION SALES P o SPECIAL SALE, TUESDAY, Feb. 17, 11 & m., 1140 Folsom st., of 15 horses, wagons, bag- gles, surrey, carts and all kinds of single and double harness; also one fast pacer and rubbes- tire buggy. P 2 Just arrived, three carloads of HORSES from Nevada, broke and unbroke, and must bs %0ld February 21, 11 a. m., at UNION STOCK YARDS, THIRTEENTH and HARRISON STS. —_— delivery: San Quentin, 5.53c; Wool Bags, 329 33c; Fieece Twine, 714@8e. OAL—Wellington, $8 per ton: Southfleld Wellington, Seattle, $8 50: Bryant, Su; Roslyn, $7; Coos Bay, $5 50; Greta, $7 alls- end. $6 80; Co-operative Wallsend, $& 50; Riche mond. §7 50; Cumberland, $12 in bulk and $13 25 in sacks; Welsh Anthracite Egm, $i% Weish Lump, $11 50; Cannei, 39 per to Scotch Splint, $7 50; Coke. $15 per ton in bul and $17 in sacks: Rocky Mountatn deseriptions, $8 45 per 2000 Ibs and $8 50 per ton, aceords nseed, 56c for bofled and 34c for raw in 1s; cases, B California Castor Oil, in cases No 1, T0e; pure, 71 18; Lucol, 50c for botled and 48c for raw in bar. rels; Lard Oil. extra winter strained, barrek $1: cases, $1 05: China Nut & lon; pure Neatstoot, in harreis, T3c L sperm, pure, 70c: Whale Ol natural Whits, 80@55¢_per gallon: Fish Ofl. in barrels, 43¢ cases, B0c; Cocoanut Oil, in barrels, 63%c for Ceylon and 38i5c for Australia. COAL OIL—Water White Coal Oil, {n bull 16c; Pearl il in cases, 22%c; Astral, 23 Star, 22i4c; Extra Star. 254c. Elaine. 27 Eocene, 24ljc; deodorized Stove Gasoilne, in bulk, 17c; In cases, Zife: do. T2 degress. in bulk, 18%c: In cases, 25c: Benzine, im bulk, 16; in cases, 2214c: 86-degree Gasoline, in bulk, 2ic; In cases, 27%e. TURPENTINE—88c per gallon in cases and b AN e e rea Lok > 2 LEAD—Red 6ibe per 1b; White Lead, 6@0%c. accordity quantity. RICE—China No. 2 (Slam) $432; 35; China, No. '1"% 15@5 30: extra do. $5 T5@e: Hawalian, 5G5; Japan, $5 25@5 80; e by b $5 23@5 80; Loul: SUGAR—The Western Sugar Refining Com- pany quotes as follows, per b, in 100-1b Dags: Cubes, A Crushed and Fine Crushed, 4. powdered, 4.60c; Candy Granulated, 4.80c; Dry Granulated. fine. 4.50c; Dry Granulated, coarse, 4.50c; Fruit Granulated, 4.30c; Beet.Granu- lated (100-1b bags only). 4.40c; ConfecMomers’ A, 4.30c; Magnolia A, 4.10c; Extra C, 4c; Gold- n C, 8.90c; “D,” 3.80c: barrels, 10¢ more; balf-barrels,’ 25c more; boxes, S0c more: 50-18 bags, 10c more for all kinds. Tablets—Hal barrels, Sc: boxes, 5.25¢ per Ib. No order taken for less than 75 barrels or its equivalent, Receipts of Produce. FOR SATURDAY, FEBRUARY 14. Flour, qr sks 6,772|Straw, tons 3 ‘Wheat, ctls . 80| Hops, bales © Barley, ctls .. ool, bale . [ Oats, ctls . reeniugs, sks. 1% Rye, ctls . 445|Shorts. sks .. Cornmeal (East), Tallow, ctls ... ctls ... 830 Pelts, bdls Potatoes, sks 410, Hides, No Onions, sks . Bran, sks ... Middlings, sks Hay, tons .. 210| Leather, rolls. .. 845( Wine, gals ..... 210| Lime, bbis . 465/ Raisins, bxs ... STOCK MARKET. Yesterday's trading on the Stock and Bond Exchange was the best Saturday's business for a long time. There was not much fluctu- ation, however. Giant Powder was firmer at $65 50 and Alaska Packers’ at $135 SO@LI6. Pacific Lighting sold at 335 25@05 50. There was also a good business for Saturday in the ofl stocks, but quotations did not vary much. Sales on the California Exchange last weel were 110,620 shares, valued at $70.360 the lead. ing sales being as follow: shares; Home, 2600: Junctio 200; Oceldental, 1350; Oi eign, 21,350; Sterlin 4304; Independence, . S00. On the 20th Home Oil will pay a dividend of e, or $7000, and Monte Cristo one of lc, or £5000. Warren D. Clark, of Willlams, Dimond & Co., has bene elected a director of the Bank of California and also of the Security Sav- ings Bank, “to fill vacancies caused by the death of H., H. Hewlett, STOCK AND BOND EXCHANGE. 50; Sover- enty-eight, SATURDAY, Feb. 14—12 m. TUNITED STA BONDS. Bid. Ask. Bid Ask. 4s qr coup..110% — 48 qr ¢ (new)12H%137 4s qr reg....10915110% 3s qr coup..108%, — MISCELLANEOUS BON 10% H_C&S 5las.104 Do b8 .... 98 1 H R T&L 6s. — 10713/ Sierra Cal 6s — 112%§4 L Ang R 56.120 12015 S P of A 6a LALCo6s — — | (1909) — 114 Do gtd 6s. — — . (1910) Y 1 Do gtd 35.105% — |S P of C 63 (1906)8r A % (1906)8r B N (1906) S V Wat tis. 100% Do 4s 2dm 45 3am. 102 Continuodion l;lgo Thirty-Nine. ADVZRIISEMENTS. A MGHTY FACTOR IN THE FINANCIAL WORLD Small investors Throughout the United States Join Hands With the National Securities Co. of St. Louis, Mo., and Form a Gigantic Combination. SIX PER CENT PER MONTH GUARANTEED TO INVESTORS The present age will undoubtedly be known in history as the “Financlal Age." for never in the history of the world has there beem so much what might be termed concentration of capital as in this present age. Formerly an individual would make an investment and win or lose by the might of his own individual cap- ital, but by the present system thousands of investors merge themselves into one company, thereby having the concentrated strength of the entire capital. The Napoleon of this class of Investment is undoubtedly J. Pierpont Mor- gan, who through keen business judgment and by the confidence which he has inspired in the multi-millionaires of our country, is abie t day to form billion dollar combinations. In ti city of St. Louls Is a firm known as the Na- tional Securities Co., whose standing in the financial world is of the highest nature. They are to-day doing for the small investor whe has from $50 up to invest what J. Pierpont Morgan is doing for the multi-millionaires of our country, and by forming a gigantic com- bination made up of thousands of investors in every State In the Union they are mow rec- ognized as a.mighty factor in the financial world. The general plan upon which the Na- tional Securities Co. is operated does not ma- terially differ from that employed by the Na- tional Banks—that is. the National Securities Co. invest thefr money that they receive from depositors in bonds, stocks and other securi- tles, but the investors in the National Secur- fties Co., instead of occupying the relative po- sition of depositors in the national banks, par- ticipate In the profits of the National Securities Co., and thereby occupy the same position in the National Securities Co. as the stockhold- ers do in the National Banks. The National Banks in accepting your deposits for a given time pay from 3 per cent to 4 per cent inter- est per annam, and then take your money and re-invest it, and the profit that is made upon your money ls divided among the stockholders. The National Securitles Co. take your money ond guarantee 6 per cemt month dividends, 72 per ceut per amnum, and give you the privi- lege of withdrawing your money at any timé that you wish and pay your dividends each month. In making an investment there are twa things to consider. The investor should frst consider the fact that money is simply a com- modity—a merchandisable commodity—aad i only worth what it will bring. and you sheuld therefors take this money to that markes which will bring you the largest amount af profit for it. and you must be discriminating in making your investments and investigate thoroughly the people to whom you are eme trusting your money. Now, the standing ot the National Securities Co. is unquestionab and ‘it will take but very little time and trouble to find out the exact standing of this firm which is doing so mueh for the small in- vestors throughout the country. Simply down and send your name and address to t National Securities Co., St. . Mo.. and they will send to you by return mall their beautiful book which will explain to you fully the exact nature of their business, and will also give you the names and sddresses of de- positors throughout the country to whom you can write. Besides this. they will give you the names of banks and Trust Companies, to whom you can write and find that the large assets of this company will absolutely protect the deposits which you make. While, as stated before, they accept small deposits from S upward, still they have many larger deposits ors, such as Chas. W. Hawkins of Denver, Colo., who deposited with them $10,000; C. W, Burkett, a physician of Warsaw, Ind.. deposited with them $6000, and many others. Remember, this firm is one that is organized with a pald-up eapital of $100,000, and its rep- utation for solidity and homest dealing is see- ond to nome in the country. and if you wish to know full particulars and it takes money to make mon: small investor has not the opportunity to make the larger profits if he goes it alone a® he will to join gu gigantic combination of smail investors, to-day to The National Seeur- itles Co., Dep't 51, St. Louls, Mo.