davidaulloa/AmericanStories huggingface dataset:
The herald., 1897-06-19

Railway per cent bonds at 1O7A and s. T.
and N. p. Railway 5 per cents at 1o4A.
The Salinas, Cal, National bank has
opened for business with capital Of
$4,000.
The Minnesota Bankers association will
hold its annual convention at Duluth OH
18th and 18th July.
+ +
On 1st June a new rule OF the Chicago
clearing house went into effect. viz. that
there should be a reduction of the interest
rate on bank balances from to IN per
cent. When the measure was voted there
were two dissentient banks, and these will
maintain the old rate.
The herald., 1897-06-19
Building Permits

The Building Superintendent yesterday
issued the following permits:
Mrs. Clara Burbank and Mrs. Flora
Griffin, repairs to Burbank theater, $12.-
000
Thomas Bassett, Spring street. three
story brick business block $1,000.
Sophia Fink, Pico and Olive streets, two
story frame dwelling, $1,000.
Sophia Fink, Pico and Olive streets, two
story frame dwelling $4,000.
s. Neil, South Workman street, addition
and repairs, $3.50
A. E. Worst, Thirty-first street, addi-
tions and repairs. 1925.
s. p. Wilson, addition and repairs, Thir-
ty-first street, S35.
The herald., 1897-06-19
European Markets

NEW YORK. June 1S.-The Evening
Posts London cablegram says: The stock
markets were very dull today on the ap-
proach of the jubilee. The only feature
was the rise in Americans and in deep
level mines both of which We're freely
dealt in. Americans closed under the besNe
but with a decidedly cheerful feeling and
with signs of public buying. Tomorrow and
Monday promise to be almost dies non in
the stock market. The Paris and Berlin
markets were firm
The herald., 1897-06-19
CHICAGO MARKET
Yesterdays Transactions on the Board
Of Trade

CHICAGO, June 1S.-Wheat at the OPEN
ing and for a while after was affected
by the strength displayed by the Liver
pool market. First cablegrams from there
reported wheat from AM212d higher. Later
dispatches gave the September future at
an advance for the day of 1sd and July
penny On this account July wheat. which
closed the day before at 6Szs started to-
day at 69lA, and sold up Immediately to
t9H Wet weather was reported. and small
reserves of old wheat were exported to
the United Kingdom. but some of the en-
thusiasm of the local buyers was dissipated
when the Liverpool advance was reported
to be merely the result of covering by
those not wishing to be short over the
Jubilee. Chicago receipts were II cars, and
the out inspection 50 900 bushels. Minneap-
Oils and Duluth receipts were 2S7 cars, COM
pared with 515 last year. The weather
was of the most favorable kind for both
winter and spring wheat. The Atlantic
clearances were small. The closing cables
made the net advance fer the day at Liver
pool 1ad. The dulness or pecu,ative trad
ing. the favorable weather for domestic
crops. the small experts fer the day and
the changing of long holdings of July to
september combined to wear away the
hope of permanent improve me ut which the
advance at Liverpool had raised Prices
began to drop and July had got down to
oo74 ny ilsoV U CLOCK. SOne cash business
for prompt shipment was reported. but
its quantity was not large enough to re-
inforce the bulls. Later the cash business
was reported at 125000 bushels. and the
speculative market began to improve.
What contributed chiefly. however, to the
strength with which the market closed
was renewal of the rumor connecting
the name of Armour with the July deal.
This drove shorts to cover In a hurry,
July advancing to 6sA@69 by closing time.
Corn was firm at the opening with wheat
and the cooler weather here. Advices from
the country, however, showed such a
marked improvement in crop prospects
that the trend of prices was downward
during the morning. Oats were d;lll all day,
with nothing but scalping business done.
and even that was of small volume Pro-
visions opened lower on the large hog re-
ceipts. Prices held comparatively firm for
awhile, but the close was near the bot
tom.
The herald., 1897-06-19
INCoRPoRAT1oNs

Salinas Railway Company. To construct
and operate street railways. wagon roads.
bridges, etc. Principal place of business,
Salinas City, Monterey county. Capital,
$100, 900. Subscribed, $26,925.
Bowers California Dredging Company.
Principal place of business, San Francisco.
Directors, Samuel l.. Theller, Albert c.
Aiken. Carter Tevis, Oakland; G. H. Men,
dell. Martin Jones. San Francisco. Capital,
81, ,000, 900. Subscribed $4,000.
The herald., 1897-06-19
SAN FRANCISCO MARKETS
Call Board Prices of Cereals and Ship
ments Received

SAN FRANCISCO. June 1s-Wheat in
active; December. 1.207s Barley inactive;
December, 6S. Corn, large yellow, 1O0@
1.02h. California bran. 14.00d1450.
Flour-Family extras, 4.75Gl4.S5; bakers
extras, 4.50G4.65; supsrfine, 41061435.
Wheat-Shipping, 1.21A@1. .22k; milling,
1.271AG1.35.
Barley-Feed, 67h@71A; choice bright,
721s: do new, 67'sG70; brewing, $500 for old
and STA for new.
The herald., 1897-06-19
Bradstreet's Reviews

NEW YORK, June 1S.-Bradstreets to-
morrow will say: There are encouraging
features In the general trade situation
this week, the most conspicuous of which
is increased orders for staple goods for
fall delivery in few lines, notably cloth
ing. which, at Chicago Baltimore and a
few. other centers. promise to exceed the
movement of year ago. The more cheer
full feeling among manufacturers of iron
and steel is based in part upon expecta-
tions of revival in demand. The repeat,
edly announced Improvement in iron and
steel this week rests, in addition to this,
upon largo transactions in southern forge
iron at Birmingham and increased
strength in the iron ore market. furnaces
and mills in Pennsylvania and Ohio being
fairly busy on old orders, but failing to re
port many new ones. Encouragement is
also derived from the advance in raw cot
ton and OF 1-16 on print cloths, which
marks reaction from the lowest price
ever reported. A moderate increase in
the demand for foreign woods is the specu-
lative outcome of the increased probability
OF an early settlement of the tariff ques-
tion. Prices this week did not carry out
last weeks promise of a general advance.
There are lower quotations for tea and
coHee, Hour, wheat and oats, Bessemer
PIE ana steel bi'lets. and unchanged prices
are reported for naval stores. lumber
petroleur,, pork and sugar and in addition
to nominal advance in anthracite coal
the only noteworthy gains for the week are
for cotton, print cloths northern nio iron
at Chicago and southern pig at Birminr-
ham. Exports Of wheat. flour included as
wheat, from both coasts of the United
States and from Montreal this week in
creased sharply. amounting to 2.07. an
bushels, compared with 1885, GOO bushels
last week. 100000 bushels in the corre-
The herald., 1897-06-19
Treasury Statement

WASHINGTON, June 1S.-Today's state
ment of the condition of the treasury
shows: Available cash balance, $231, 81, si9;
gold reserve, $144 Asa. 445.
The herald., 1897-06-19
Money Quotations

NEW YORK. June 1S.-Money on call
easy at 1M1A: last loan, /; closed at per
cent; prime mercantile paper. 3M4; sterling
exchange. firm and quiet, with actual bus
mess in bankers bills at 4.S714M4S71s for
demand, and 4S6A for sixty days; posted
rates, 4.s6hd4.87 and 4.ssd4.ssia; CONNER
cial bills, 4.S5A; silver certificates, 603s1
6O%.
SAN FRANCISCO, June 1S.-Drafts,
sight. 171s: telegraphic, 20.
LONDON, June 1S.--Consols, 112%.
The herald., 1897-06-19
San Pedro railroad right of way; $3.50.

San Pedro railroad right of way; $3.50.
j. P. and G. S. Jones to l.. T. Fisher-L.ot
" in block 165, Santa Monica; $3.50.
Rosedale Cemetery association to l.. ].
Mathews-West half of lot 20 and lot "A,
block M, Rosedale cemetery; s400
Same to same-Agreement to care for
same; 5000.
A. Kinney and +. C. Ryan to Miss Mile
Frye-Lot Z, block A, Santa Monica tract:
$110.
Solano--Undivided 14-S4 of lot ?, block As,
and lot I, block 46. H. S.; $1,000.
s. F.. and A. B. Smith to M. J. Taylor
Lot g. block s. California Cooperative Col
ony tract; $4,000.
SUMMARY
Deeds ......................... 81
Nominal ....................... 25
Total ........................ .sl2, ,s65
The herald., 1897-06-19
ON CHANGE
What Was Done Yesterday on Wall
Street

NEW YORK, June 1S.-There were evil
dences to day of marked strength in the
market for securities and the level of
prices was at times materially above yes
terday's close. Some stocks held a net
advance until the close of the market, but
some prominent shares sold off to yester-
days close or below before the conclusion
an example. Very marked strength was
developed in some conspicuous cases. due
to special causes, and this was a sustain
ing factor in the market. But powerful
professional traders are operating on the
conviction that general reaction is due
or overdue in the market and they are
watchful to take profits or to join the short
side. London buying and good crop re-
ports were against this element today, as
was the general outlook for business and
the aggressive strength of special stocks.
But they found an effective instrument in
the apprehension due to the sharp stiffen-
ing In the sterling exchange market and
the announcement of gold exports, $3.50. 900
for tomorrow and $500, 600 for Tuesday. The
special demand for exchange is said to be
due to July remittances for dividends and
in the payments on securities held abroad
and for other half-yearly payments. But
the statement of the weeks imports of
dry goods at New York shows them to be
valued at s3S09,102, an increase of $434, IT'S
over last week. This foreshadows an in
crease in the imports of general merchan-
dise also, as has been indicated by the
larger receipts from customs by the United
states treasury as reported from day to
day. Imports of non-dutiable articles such
as wool. continue heavy. Although Lon
don has bought stocks here today, sales
for London account have been quite large
during the week. These facts are all
harped on by the bears as indicating that
the outgoing gold movement is likely to
continue for some time yet. The dealings
We're somewhat better distributed TODAY.
In the railway list Missouri Pacific scored
the extreme advance of IL per cent ami
reacted as. Changes in railroads were small
either way, some showing gains and some
losses. The bond market displayed a
broadening tendency and general improve
ments were registered in the more promi-
nent stocks. Profit taking was discernible
in some of the speculative liens, but the
onerings were we'll absorbed and higher
range or values established. Standard
Rope skies were notably heavy and yielded
z cents to 65. The aggregate sales were
sl'S94,Ooo Governments hardened slightly
on light purchases. The sales were $4,000.
The herald., 1897-06-19
oats-Common white. aaa1. or: good to

Oats-Common white, 95d1.011s; good to
choice, 110di120; fancy feed, 1.25d1s0
Receipts-Flour, quarter sacks 9166; do
Oregon, 1882; wheat, centals. 315; barley,
centais, 1880; beans. sacks, 1872; corn, CEN
tails, 955; do eastern. 500; potatoes, sacks,
1850; onions, sacks, 702; bran, sacks, 2470;
do Oregon. 440; middlings, sacks. go; hay,
tons, 1856; hops. bales, 50; buckwheat, sacks;
1863; wool, bales. go; do Oregon, ~; hides,
number, 429; quicksilver. TASKS, III; wine,
gallons, 50, 400; brandy. gallons $50
The herald., 1897-06-19
Dried Fruit Prices

NEW YORK, June 1S.-California dried
fruits steady. Evaporated Apples-Prime,
wire tray, Az; wood dried, prime. 41s014ss
fancy, 5. Prunes-3@7, as 20 size and quail
ity. Apricots-Royal. SOIL; Moorpark, r.
Peaches-Unpeeled, Gas; peeled, 11Q14.
The herald., 1897-06-19
Silver Bullion

NEW YORK, June 1S.-Bar silver, coz;
Mexican dollars, Az.
LONDON, June 1S.-Bar silver. 27%d.
SAN FRANCISCO, June 1s.-Bar silver,
60$s; Mexican dollars. 49a491h
The herald., 1897-06-19
Boston Quotations

BOSTON, June 1s.-Atchison, 12; Bell
Telephone. 23O; Burlington, S15s; Mexican
Central, Sl@; San Diego, g.
The herald., 1897-06-19
Liverpool Market

LIVERPOOL, June 1S.-Wheat-Spot No.
red northern spring, steady, 5s 10d.
Corn-June. steady, Is Cd; August, firm
rs 9Ad; American mixed spot old, firm
Is 9Ad
Flcur-St. Louis fancy winter, dull, rs Cd
The herald., 1897-06-19
os ANGELES AND REDoNDo RAIL-

LOS ANGELES AND REDONDO RAIL-
way Company.
Los Angeles depot: Corner of Grand ave-
nue. and Jefferson street.
Leave Leave
Los Angeles Redondo for
for Redondo. Los Angeles.
$40 am. Sun. only 700 am. Sum- only
$3.50 am daily 500 am. daily
1O45 am. Sun. only $3.50 am. Sun. only
1880 pm. daily Hoo am. daily
$50 pm. daily Ais pm. daily
700 pm. Sun. only 545 pm. Sun. only
Take Grand avenue electric cars or Main
street and Agricultural Park cars.
LII. PERRY. Superintendent
The herald., 1897-06-19
Petroleum
Local Quotations

NEW YORK. June 1S.-Petroleum was
dull; Pennsylvania crude steady, So bid
The herald., 1897-06-19

do c & p w IS. .116%
ST L & I NJ gen IS 7Sia
st L & s f gen 6s1147s
Texas Pac lists. 905s
do 2ds. ........ 25
u p lists of '96. .103N
w Shore As. .109%
l. & N As. s........ 50
The herald., 1897-06-19
Mining Stocks

SAN FRANCISCO, June 1S.-The official
closing quotations for mining stocks today
were as follows:
The herald., 1897-06-19


Flour, steady; No. spring wheat 70171;
No. spring wheat, 63M711a; No. red. 74Gi
Il; No. corn 25@25A: No. 2 oats, 1874 No.
white, 23Q231a f. o. b.. No. white, 21l22s4
f. o. b.. No. rye, "a; No. barley. nominal;
No. 3. 2S030 f. o. b.; No 4, 261tG2S f. O. b. ;
No. flaxseed. 751s0t76; prime timothy seed
2.75; mess pork, per barrel, 7.4Oal7.45; lard
per 100 pounds, S621a0l3.65; short ribs sides
Qoose), 4.25M4.50: dry salted shoulders
(boxed), 4%@5; short clear sides (boxeD
45s44s4: whisky distillers' finished goods
The herald., 1897-06-19
Tho Cheap Rates TO the East

ust will be open to the public. Sleeping
car space should be secured at once as
the cars are fast filling up. Ticket Office
200 South Spring
The herald., 1897-06-19
Bond List

NEW YORK, June 1S.-The following
we're the closing quotations on bonds today:
u s n As reg. 124N d & r G .11Oll
The herald., 1897-06-19

At the San Francisco stock and bond
exchange yesterday s. F. Gas and Electric
sold at 94A, Pacific Gas Improvement al
901s, Market Street Railway at 451a, vigorit
Powder at 2, Hutchinson Plantation at 26
to 26A, Spring Valley Water at 10OM for
the stock, 100N for the per cent bonds and
u9 for the per cent bonds, Market Street
The herald., 1897-06-19
Closing Stocks

NEW YORK, June 1S.-The following
are the closing stock quotations:
The herald., 1897-06-19
REGENTS. Shipments.

On The produce exchange today the but
ter market was firm creamery 12@l4H !;
dairy 9@12. Cheese quiet at 7ss@SA. Eggs
were steady fresh 81.
The herald., 1897-06-19

@April 80.
Russia has at present much larger
hoard of gold than any other country in
the world, the Russian bank treasury and
mint holding in January, 1897, $627, ,6OO, 900
OF the yellow metal.
Beer in Germany.-The Moniteur Officlel
du Commerce. Paris, April Is, 1897. quotes
from the Berlin Industrie these figures:
The quantity of beer produced in Ger
many during 1896 was 6O,695,0O hectoliters
u bl0 gallons). The production has
almost doubled in the last twenty years.
The imports of beer are of no great i'm
portance, although they show steady
growth. The quantity Of beer exported,
increased regularly until 1888, but since
that time, owing to foreign production, the
exports have diminished. The apparent
consumption for 1896 was SO5 gallons per
head Of the population.
= 4 =
TIE American Credit Foncier scheme
proposed by Dos Passos is exciting large
amount OF discussion. The American Apri
cuiturist says: The more we investigate
Dos rassos scneme for an American
credit roncier, the more 1t looks like q
scheme to work the agricultural racket
long enough to secure from coneress a
charter with most extraordinary bowers
To assist the farmer and laborer is said r.
be the predominating motive and purpose
OF the charter. But its third paragraph
specifies bewildering variety of objects.
any one of which would afford more profits
than the refunding of farm mortgages
The outcome of such a combination is
practically certain to be as disastrous to
farmers IN America as the parent credit
foncier has been to the farmers of France
II these whiom financiers are in earnest
In their desire to help farmers especially
at the west and SOUTH lot them strike
out this Objectionable section If the
confine themselves to the refundisg of
farm mortgages alone 1t will be enc 1eh for
the largest talent and capital. And this
business can be so conducted as to pay
Its managers handsomely while proving of
vast benefit to borrower and lender on
farm security.
4 \ +
At the San Francisco stock and bond
exchange yesterday s. F. Gas and Electric
sold at 94A, Pacific Gas Improvement at
S01s, Market Street Railway at 451a Vigorit
Powder at q Hutchinson PIa nj a tto,, a. oc
The herald., 1897-06-19

were the closing quotations on bonds today:
U As reg. .124H d & R g 7s.. .110A
u s n As coup. .125ia do As. sci.
u 5s coup. ). .1lSM Erie Eds. &C
u s n IS reg. .1137A G H & SA 6s. .104..
u 8 As COUP. .111s do 7s.. 97ls
U S Is reg...... 961a H & 7. Cen IS .111%
Pacific 6s, '95.. .1O11s do 6s. .1OI
Ala Glass A. ...107 MK& T list 4s s3s.
Ala Glass b -. .107 do I'd 4s. 61ii
Ala Class Cleo Mutual Union IS 107
do Currency..l .lOO Central 5s. Ill
La new con is.. 95la N Pacific lists. .119tk
Missouri 6s, 100 do Eds. 5Gzl
N Carolina 6s. .125 do 4s.. 40
N Carolina As. .104h r G w lists. 75i1
Tenn n set 6s.. 50 Northwest Con. .1451E
60 5s..,.....1o5 do s F deb 5s..116
90 old 6s.... 90 st Paul Con 7s..1S7
The herald., 1897-06-19
NH AIN STREET SAVINGS BANK.

Junction of Main, Spring and Temple sta.
(Temple Block). Los Angeles.
Capital paid Observation-Disclosures. 800, ,o0n
Officers and directors: T. l.. Duque,
President; I. N. Van Nuys, Vice-Presidentj
B. V. Duque. Cashier; H. W. Helman.
Kaspare Nohn. H. w. O'Melveny. j. B.
..aakershim, o. T. Johnson, Abe Haas. w.
c. Kerckhoff.
Money loaned on real estate.
Five per cent interest paid on term deposits
The herald., 1897-06-19

Cutlery at Furrey's. lSs N. Spring u
The herald., 1897-06-19
Os ANGELES SAVINGS BANK.
230 N. Main St.

J.E. Platter, Pres; H. w. Hellman, V-Pres.;
w. NJ. Caswell, Cashier.
Directors-I. w. Hellman, ]. E. Platter.
H. w. Helman. l. w. Helman, jr.. w.
NJ. Caswel
Interest paid on deposits. Money to loan
on first-claas real estate.
The herald., 1897-06-19

Russia has at present a much larger
hoard of gold than any other country in
the world, the Russian bank, treasury and
mint holding in January, 1897, $627, 500, 900
of the yellow metal
The herald., 1897-06-19

The Special Building Committee of the
Chamber of Commerce in New York. an
nounces that the building fund has reached
$500,000. subscribed by eighty members. 1t
is expected that the million dollar mark
Will soon be reached and then plans for a
fine new building will be made. There are
1880 members of the chamber.
Mohave County miner., 1897-11-13

The ruipous credit system is slowly but surely giving way to the cash sys. tem. The credit system IS ruiuous be- cause it breeds extravaganza. Many persons will buy things on credit which they cannot afford, and when the mer. chant asks for his money they have not got it, should he persist they become of. tended and withdraw their patronage. Who pays for the goods consumed or used by dead.head customers2 Does any one realize how much they ask of a merchant when they request him to credit them month after month, and then make him wait for his money until he is forced to collect it by law or lose it al. together? Verify, the credI. system has fattened the mercantile grave yard with many promising business venture.
Mohave County miner., 1897-11-13
WARNING NOTICE.

To all Whom u may concern
 Notice is hereby given that l am the owner of the Vanderbilt, Eureka and Ida. ho mines, situated in Cerbat precinct, Wal. lapai mining district, Mohave county, Ar izona, and neither said mining claims nor the owner thereof shall in any manner be held responsible for any labor or debts contracted or injuries received by any em. ploye or employer engaged in the operation of said mining properties; that all oper. atiyes engage in such service at their own risk and tha. no debts are valid against any one or all of ssid mining claims.
 G. W BEECHER. kNGMAN, Arizona, October 30th, 1897.
Mohave County miner., 1897-11-13
Quick Tune.

The proposition to construct air.tigh. electric railways seems to have assumed definite form and it 's quite likely road will be built from New York to Phila dslphia that will enable passengers to make the j,urney at the rate of POO miles an hour. Tesla, the eminent authority on electricity, believes ths scheme a feasible one, sta ing the spsed can with. out difficulty he attained and without inconvenience 10 the travelling public To accomplish this revolution In rail- roa ling II will be necessary to place the road on trestIe wo. k at such height as to insure perfectly level as well as 6 perfectly straight track Grades and curves must be wholly done away ~ith and tbe necessity for cow.cstchers must be removed. At such a high rate of speed any attempt 10 promote the fun ersl industry through the agricultural regions wouli be attended with copsd- erable damage 10 the excursionisis The train running 200 miles an hour can al. ford ,o kill nothing bu, tine To run into anything but a station would mean disaster, and the souls of those killed would 20 marching on with grea'er ve- locity than that Of old John Browns un. til the momentum was finally lost. it would he something like an irresistible body collidina with an immovable body, a problem that has hopelsssly ruined many country debating societies
 If the proposed road becomes suecess the adoption of the nex system the world over will only be question of time. From the rtpii transportation Of pas. sengers it is bu, a step to ,be lightning freight haul, and in the near future we may reasonably expect 10 luxnriste daily on the fresh commodities Of far distant states To the mining industry, which must in time share in the rapid transit proposition, |, sil mean the early real nation of profits in the channels of trade, The wealth which our rocky fsstnesses contribute 10 the world will respond 10 the quick demands of electricity and jump, as it were, from the bosom of our lofty mountains into hard, solid dollars. The present electrical railway that con. veys ore from the mines to the srnelters in the city of Butte will make way for s scheme that will land the product like thou lht trsnsference--in the sub division of iiffv. verily, the wonders of cleo tricity are reserved for the next century the present is prolific only of hints as to what the future may reasonably expect. Western Mining World.
Mohave County miner., 1897-11-13
Hofjce.

Notice is hereby given that neither the Ora Plata or Mariposa mines, nor the owner thereof, will be responsible for any debts contracted by the lessees thereon in working said mines.
 J. W. GRRRrrT. KIngman, March 3, 1897.