The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913, 1895-06-12
THAT FAIR WHEAT DEAL
Interesting Figures Supplied
by Attorneys PierSon and
Mitchell.
STORAGE WAS A BIG ITEM.
Claims Of Various Banks for Loans
Advanced Against Warehouse
Receipts.

Not the least interesting of the docu-
ments relating to the Fair wheat transac-
ton is one compiled by Messrs. Plerson q
Mitchell, the attorneys who have handed
the estate of the deceased Senator. 1t re-
lates to the amount realized by the sale OF
the wheat, the cost of storage and the
claims advanced in behalf of various banks.
The document is as follows:
Sale to Balfour Guthrie & Co., Sz,609,127
pounds, for which they paid S744 SIT 81, be-
ing at the rate OF So cents per ice een6a;
George w. McNear, 1O5, 100, $50 pounds; pur-
chase price 1898, 527 "a.
GirYin, Baldwin & Eyre. q ,114, 4Sl POUNDS;
purchase price, S179,473 90.
These four sales aggregated $3,o5O,oO9 "a.
The other two sales, made in May, one OF a.
900 tons, brought $265, 597 so, and the other,
of 1900 tons, brought Sis, 1873 25.
L. W. McGlaufin & Co. and H. Dutard re-
ee1yed as commissions upon ~, the es, saies' 10 De
divided between them, $S9 720 SO.
The storage paid by the special admins
traitors amounted to 1921 ,533 50, divided up
as follows:
California Wharf and Warehouse Com
Nevada Warehouse and Dock Company. 45457 0s
Changers Business Association. 49,. 1924 II
Port Costa Warehouse and DOCK Com no., ,o
George W. McNear, for STAIRS Wheat
sperry & Co. for STAIRS South Vallejo
Warehouse. ACKNOWLEDGEMENTS. 800. 1905 AZ
Pacific Coast Warehouse Company 49,040 II
The wheat was assessed by the Assessors of
contra Costa and Solano counties, where II
was stored, at S11 per ton. The taxes amounted
to So, 961 90 for the Contra Costa wheat and
1913 90 for the Solano County wheat.
The warehouse receipts were held by four
parties, as security of loans, all of which were
paid out of the proceeds of sale and the ware
house receipts turned over to the purchasers
claim for 100000, principal, and 1888 80 in
terest.
George Whittell had claim for 81 .244,47l
and received $35 ,443 ~ for interest.
The Bank OF British Columbia had claim
for $4,000 and $I125 interest.
Balfour, Guthrie & Co. had claim for $685.
600 principal and $2O71 % interest and insur-
ance.
The whole amount of the debts secured by
collateral amounted to 81 ass, 844 o. There
should be added to this the amounts received
from the first two sales, the net receipts OF
which went in payment of obligations due from
the estate,
The secured debts, which the court has just
ordered paid by the special administrators and
which were represented by collaterals belong
ing to the estate, mostly of South Pacific Coast
Railway bonds, were as follows:
Bank OF British Columbia, 300, 900, with in
terest from December II, 1894, at per cent.
This IS was secured by 800 bonds of $1,000 each
OF the South Pacific Coast Railway Company.
Bank of British Columbia, $75 900, with in
terest from December 20, 1894, at 5 per cent.
Secured by forty bonds of the Pacific Rolling
mill Company of $1,000 each; forty bonds of
the Southern Pacific of Arizona of $1,000 each
and twenty bonds OF the Northern Railway
Company OF $1,000 each.
Mutual Savings Bank of San Francisco,
100000, with interest from December z,
1884, at per cent. Secured by 400 South Pa
clic Coast Railway Company's bonds of $1,000
each.
Mutual Savings Bank of San Francisco,
800, 600, with interest from December z
1894, al per cent. Secured by 200 South Pa
c1hc Coast Railway Company's bonds of $1,000
each.
Baifour, Guthrie & Co., $50, 900, with inter
est from December 49, 1894, at AZ per cent.
Company's bonds OF $1,000 each.
Bank of California, $50, 900, with interest
from December 8, 1894, at per cent per an
mum. Secured by go bonds OF the Northern
Railway of California OF $1,000 each.
Anglo-California Bank, 800 ,000 with inter-
est from Decem Der 10, 1894, at 81 per cent
per annum. Secured by 200 bonds of the
South Pacific Coast Railway Company OF $1,000
each.
Hibernia Savings and Loan Society,
100000 with interest from April 81, 1895,
at per cent per annum. Secured by 81 bonds
of the Northern Railway of California OF
$1,000 each and 33 bonds of the Pacific Roll
ing-mill Company of $1,000 each.
James Lick Trust, $4,000, with interest
from May II, 1895, at per cent per ann UNI.
Secured by mortgage on Lick House.
All of the above debts have been paid and
collateral released, except the Lick House
mortgage, and it is hoped that will be liqui-
dated by tomorrow.