The herald. [microfilm reel] (Los Angeles [Calif.]) 1893-1900, 1895-04-14
I0CAI FIFIn OF COMnFRnF
LVViiL iiLLU vi VvI''i'i%i'0I
Healthy Increase in the Volume
of Trade
MONEY COMING WEST
The Orange Situation Shows Deciced
Improvement
COMING
More Orders Received Since Thursday forming
Than for Ten Days Past--deneraif
Business Notes

Business during the past week has been
good in most lines, and despite the time
given up to Fiesta decorations and prepa-
ration. the volume of trade shows de-
cided increase, as indicated by the bank
clearings which were 81, 10, SSf.59, as
against 1856, DAP. 8S for the same week last
-syear. All the banks, have plenty OF
rnloney on hand, and several of the larger
sreal estate brokers report the receipt OF
Considerable sums for Investment. The
week has been specially good one for
the retail stores on Spring street, on ac-
count of the large number OF Fiesta vlsl-
tors in the city
4 4 r
At the rooms OF the fruit exchange IN
the Phillips block yesterday there were
daw points of interest for the reason that
Aorders were numerous and complaints
Few. A resume OF the situation for the
week past would show absolute stagna-
ticn to Wednesday night. and from
Thursday morning to Saturday evening
great activity, as many orders having
been booked in that time as for the pre-
vious ten days, all of which is a decided
" healthy since. Exchange advices from
the east yesterday continue favorable.
There are no further advices in regard
to- foreign fruit. Northern California is
figuring on small lots of cherries by the
18th instant. Florida strawberries are
selling in Chicago at % cents per pound
box.
Quite an interesting controversy has
arisen over who shipped the first carload
of oranges east from California. William
H. Mills telegraphed from San Francisco
asking the name of the first shipper, that
the California Press association might
honor him in a suitable manner 10y con-
ferring upon. him the privileges ana cour-
tesies of the association. This honor is
now claimed by two well-known citizens,
y Hon. J. de Barth Shorb and }. M. Wolf
skill, both of whom have long been lden-
titled with the development OF Southern
CALIFORNIA; fruit industry and the mate
rial progress OF the state.
In support of his claim, Mr.. Shorb mas
written the following letter:
II have read the inquiry OF William IL.
mills as to who raised the first carload OF
oranges shipped east. | have answered
direct to MIN that [ shipped the first
carload of oranges out of California, trst
to Salt Lake. following it with my entire
crop of that year, and the year following
| opened up the Kansas City. Denver,
CHEYENNE and Omaha markets and
shipped the first carload to these markets,
following with my entire crop, and paid
for transportation $3.50 per car.
NJ. Wolfskill sets forth his claims in de-
taii as io!io"o' a.. ;,,o.,,i,ofU II N;lls
hePiy lnS W tije iil' G Gnl2 -, I W &c ~
as " wiio ,l;f v,io +o $3.50 hoo
leave to state that on or about April Z,
Iou; snlPt iio,n nUo mIoad nf or
the "ollshiii oIoLai', w H"l poil T. ~
anges collslshruI w ~, l., ~ tiv",i ~ 40, ne
4454 and was a common cattle car, there
being no fruit cars at that period, and 1T
arrived at ST., Louis on May 10th OF the
SAINT yea 4oni w. oi9 70 pacfGc
/, ~ p,,i,,,,,. sor,,os ,,,a corroc+.
Io"ot' th,t ~ thn rs;to fr66, los Sneeies
~ a. 'i'"v - Sroo nor ,,.. bnt tbr9ngb
n ~ , ,-IaS W. 10 ia Ssn3to, etanfoTd
''"io oSe - ~ -, 40 ,;,,o,,. ,.
~ l.tatoJ ~ liz iet+er ta me-he. reducod
% to 60 SEon Tbo crss rocoib Il gId,S1,oy-
uir a. 90 ~ IA mo Gov ,9ettod mo S588 nj
- 20 Vii ,oto fro,, Tho obove d5te III
"'I ,,as no,riS, ono nonth ia ap,i,ginT
oie l'e;nt;oa "a - y,os In, a. 3
a. 10 0;G TIfoai
~; , tha frt nar IS or,,,,ro
s;' O,,JV 20 % +ho oast Nv ohioct in sh7n.
eH.i,psu ~ 10 tae+ 40 oasto,o 3,orl-o+ r,ith
ping "Hs w. i1'o tho rndt,ctior
our so ~ GO v"v to,,
was 'oo ei0"O ~ .i'-l0
& z
The American Banker reprints an ar
ticle from the Argus OF melbourne, winch
recapitulates figures to show the progress
made by the reconstructed banks OF AUS
tralia since the financial crisis OF two
years ago. 1t says:
the reconstructed banks in 1898 i'm
posed the obligation upon their share
holders to pay up 46, 23O,956 and the de-
mand excited the gloomlest forebodings.
The calls have doubles pressed heavily
upon the community and caus d a great
deal of distress. They had to be met
when, in the expressive language of the
streets, everybody was hit all round.
But what do we find? That against a to-
tai OF 12,olIoD que up 10 december 81
last the amount actui'lly recelve.l, ilicllu'
ing payments III % ad ~ nee Oh calls, was
t3,ooi, oio' or ! 80 700 IN excess OF the
sum que. no more convincing PROOF can
pe Iur FL oi the honest anu aplIlty to'
pay OH Ine shareholders OF inc recon
strucIeu panhs. IN lact' inc manner IN IN
Which, uiioer frying cllculilsldthces: cans
nave pecn palu 10 as relharh9ple ~ tne
aiiI 1an Vi 1nnhlhS DIS tiie suuuen coiiapse
OF 1870 Al Ihe panks 90 not lurhlsn IN
thelr statelie s the particulars whiGh
are requisite Ior an exhaustive complia-
ton. blit the figures relating TO the
Polhe u1uer cpnsIueratloh' are aVallaole
OF SIX large banks W., the AuStraila
Jolht Seock oaHh, tne Natl9nal BANK OF
Australla, We we Eoilia a BANK OF aus
1rana' tne nlslsn, nco15lsh, ana Austria
nan panh, .io i hoii1o N nahk 4l AusgIalla
an. anu tnt Uue 'ti Na'ional pank. IRON