davidaulloa/AmericanStories huggingface dataset:
The herald. [microfilm reel] (Los Angeles [Calif.]) 1893-1900, 1898-06-24
A Building and Loan Case

A case is being tried in the superior
court of Soano county in which the receiver
for the Union Building and Loan assoca-
ton is suing a large number Of stockhold-
ers to recover the sums of money paid out
ir liquidation of the sixth series of matured
stock
In order to make these payments the
directors of the association borrowed some
$50. 600, giving as collateral therefor certain
notes, mortgages, etc. This. it is claimed by
the receiver the directors had no legal au-
thority to do. and he now seeks to recover
the securities alleged 10 have heen illegally
hypothecated.
Grove l.. johnson of counsel for plaintiff
in the argument on demurrer. contended
that the scope of the association Is limited
10 certain lines of procedure, and that there
is no law authorizing the directors to go out
side the business of the association nd bor-
row money to be paid to stockholders In
premiums on their stock. Their action being
Illegal. he held thar 1t should he annulled by
the court, and that the association recover
the securities thai we're unla wfully pledged
The herald. [microfilm reel] (Los Angeles [Calif.]) 1893-1900, 1898-06-24
Insurance Items

Articles OF incorporation have been filed
by the Bicycle Insurance company of New
ark, n. ].
The Pacific Mutual Fire Insurance COM
pany of Providence will retire from bust
ness. and 1t is reported to be paying return
premiums in full. Several severe losses of
late induced the company to quit while it
was in a position to pay all outstanding
liabilities
1t is announced that the Adirondack Fire
Insurance company of Glens Falls will not
begin business, and the money paid IN by
stockholders will be refunded The charter
and organization will, however, be retained
Decentralization in insurance rates is given
as the reason for abandoning the enter
prise.
Superintendent Payn has reported the
Buffalo Mutual Fire and the American Sick
Benefit and Accident association of New
York city to the attorney general for dis
solution of their corporate existence The
Buffalo had deficiency of $27.435 and the
Accident association has assets of 1884 and
liabilities of $l0.T27.
The Minneapolis Fire and Marine Insur-
ance company has been reorganized with
capital of $500, 600 G. II. Spencer will have
the underwriting management The officers
are: President. Titus Mareck; vice-presi-
dent w. r. Miller; treasurer, Leonard
Paule; secretary. d. NJ Parsons. The COM
pany proposes to enter the agency field
Commissioner Cutting has approved an
increase of assessments by the Northwest
ern Life Assurance company of Chicago.
The increase amounts TO 80 per cent and Is
necessary to cover losses for the first four
months of the year.
Suit has been begun at Cleveland, O., to
wind up the affairs of the Peoples Mutual
Benefit association of Ohio. The associa-
ton owes something over $40 900, and has
$500 on hand.-Insurance Journal.
The herald. [microfilm reel] (Los Angeles [Calif.]) 1893-1900, 1898-06-24
CHICAGO MARKET
Prices and Prospects Of the Trade In
Cereals

CHICAGO, June 23.-Continued favora-
BILE weather for harvesting exerted bear
ish influence in wheat at the start. Dur
ing the first half hour there was enough
short selling and liquidation to cause ahe
market to sell Off 12Ga4c from the close last
night. But the crop damage reports be-
came very numerous, and the selling soon
came to q halt. Considerable rain was re-
ported in those sections where harvesting
is now going on, and injury to the grain
was regarded as probable. Chinch bugs
were said to be numerous in Southern ILL
nois, and in many sections where the grain
has been gathered the yield was said to
to be working to sustain the price OF the
future to protect his cash property. and
the trade already rather nervous, these
reports scared shorts, and there was dis
position to cover. the demand gradually
improving the price. Some considerable
lines were covered, and the bear scalpers
were evidently driven In. During the ex-
zoe, September to 6SNc and December to
6S%c. The trading was very light after the
first hour, but exceedingly nervous. There
was a strong suspicion of manipulation,
and a wholesale dread of the alleged manip-
ulator. Prices were near the high point
higher, and September lost NC on the day.
After weak opening corn turned strong
on the rally in wheat, and the early de-
cline was more than recovered. July closed
Nc better.
Oats were weak early, but firmed UP
later with the other grains, leaving off We
higher; ...,. .u.os ,u,.u s.u
Toward the latter part of the session there
was moderate packing house selling, which
started prices downward. July pork closed
TIC lower. and lard and ribs &C lower.
The herald. [microfilm reel] (Los Angeles [Calif.]) 1893-1900, 1898-06-24
ORCHID CRAZE IN JAPAN
ASyndicate Offers 5000 Yen for Leaf
but Meets With Refusal

The latest craze that has made It's appear
ance in Japan is the orchid craze, and. If re-
ports are true the tulip craze In Holland OF
several centuries ago may well lock to its
laurels. According to the Tokyo Asahi
(Morning Day., a new variety of small
orchid, jointly owned by the well-known
gardener of Shitaya, Maru Shin, and by
two others, is at present enjoying the high
est reputation. 1t Is called "Amakusa,"
for every rare variety has its own special
name. Its leaves measure only four inches
In length and one and half inches in width.
this variety being the only one now found in
Japan. The leaves. only eleven In number,
are wh.tish, with yellow-hued stripes very
widely marked, and the whole appearance
exceedingly graceful. The fame of the
"Amal1usa" has sent all the circles Of orchid
hunters into a flutter. Numerous applica-
lions have been received by the triple own
ers, asking them to part with even one leaf,
for orchids, as is well known, can be prop
agated by root separation. But all these
applications have been courteously de-
clined.
The other day, says the Asahi, delegate
representing ten villages of Chita-gori,
Dwarf, came to Tokyo. They were all
men stricken with the orchid MANIA and
hearing of this rare variety each of them
subscribed 500 yen "a yen is 80 cents In Unit
ed States currency, and one Of them, the
head man Of the village, arrived on the i'm
portant mission of purchasing leaf. While
the negotiations were In progress the Kyoto
Horticultural company dispatched Its pres
ident also on the same erraud. The owners
of the precious orchid conferred with each
other but decided not to accede to the offers
made them, for they have in mind similar
case of another rare variety which several
years ago brought the fabulous price of
10, 900 yen per leaf.
So both delegates were obliged to return
home crestfallen, and the Asahi adds:
persuaded to part with their orchid at 5000
yen leaf that would bring them sum Of
$4,000 yen, while II the price were to rise 10
10000 yen each, that amount would be
doubled. New York Sun.
The herald. [microfilm reel] (Los Angeles [Calif.]) 1893-1900, 1898-06-24
California Fruit Sales

NEW YORK, June z3.--The Earl Fruit
company realized the following prices at
auction today for California fruit:
Cherries-Tartarian. 55c@1. 40, average TIC;
Blgereau, 75c@1.45, average 92c; Royal Anne,
55c6D1.30, average 96c: Centennial, average
COO; Cleveland, 60c; Black Oregon, Toe.
Peaches-Alexander, 55c@105, average Toe !;
Hale's Early 65Q90c, average SOC; nine car
loads sold.
CHICAGO, June 23.--The Earl Fruit COM
pany realized the following prices at auc-
ton today for California fruit:
Apricots-Royal, SIC.
Prunes-Tragedy, Lbs.
Plums-Abuhdahce, 95c@1.20, average
Ito; Clyman, 75c.
Peaches-HaYfs EARLY. 5sc; st. John, 15o.
Figs-Average, 1.25. Seven cars sold.
Porter Bros. company sold at open auc-
ton today California fruit at the following
prices:
Plums--Peach. LES single crate: Abund-
65Q75c; st. GATHERINGS. 56c.
Prunes-Simoni. LIS single crate; Trag-
edy, 1.1561.25.
Apricots-Royal, 65c@105 single crate:
Blenheims, SOc@1.00.
Peaches-s6@s5c per box.
Cherries-Royal Anne, B0dD65c per box;
Others 2O6D40c.
NEW YORK. June Exporter Bros. COM
pany sold at open auction today California
fruit at following prices:
Prunes- 1.00QSS0 single crate:
Plums-Psach, go single crate, Burbank,
l.so@255; Clyman L06@Lss; Red June. l66
The herald. [microfilm reel] (Los Angeles [Calif.]) 1893-1900, 1898-06-24
The War Loan

In circular letter to clients the Stock
exchange house of Redmond, Kerr & Co.
says regarding the new government bonds:
I'm order to buy and of the present out
standing issues it is necessary to pay high
premium, as the bonds habitually sell upon
a 21a to 3 per cent basis. The advantages
of being able to purchase 3 per cent bond
at par are obvious. In the event of having
to pay high premium for bonds a sinking
fund out Of the income obtained therefrom
is necessary in order to reimburse the holder
for the loss of the premium when the bond
becomes due and is paid off. Moreover,
many people often have even amounts of
money to invest such as $4,000 or $4,000. and
If 1t Is necessary 70 pay d premium they
cannot always invest the full amount in the
manner desired. The new bonds will have
the advantage of being absolutely free from
all municipal. county. state and national
taxation, and in all sections of the country
they will be legal investment for estates and
trust funds. There Is always ready mar
ket for government bonds and they likewise
ar regarded as the most desirable form of
collateral for loans
The herald. [microfilm reel] (Los Angeles [Calif.]) 1893-1900, 1898-06-24
ON CHANGE
Conditions as Shown by Transactions
on Wall Street


NEW YORK, June 23.-Good weather
IN the west and the landing of consfd-
cradle part of the American army near
Santiago, together with the firmness in
LONDON; acted as stimulus in today's mar
ket. The persistent drives by the bears
against special stocks was feature. The
trading for some time was lacking TODAY.
ana IN consequence the apparent change
Oh 'front.' OF these interests was reflected in
substantial advances in Sugar, Peoples
Gas. Tobacco, Brooklyn Transit and Man
haitian. The buoyancy exhibited by these
properties exerted a healthful influence
upon the general railroad list which was
consequently augmented by the execution
OF 1airiy large orders in the Vanderbilt
properties. The Changers received more
attention than for long time and con-
sS,pieuous advances were registered in Bur-
lington and Rock Island. The revived in
quiry for Pacific Northwestern stocks lent
color TO persistent rumors that an AMIGA BILE
settlement of the transcontinental rate
war may be Forthcoming. Evidence of
commission house purchases also developed
DISK covering throughout the list Some
OF the high priced investment shares re-
spohoed IN noteworthy extent to mod
u ,rad f INJURY. notably Pullman. which fig
intervals during the day displayed stagna-
tion, but prices nevertheless forged CON
.lnually upward. Operations for arbitrage
account were in fairly large volume. and
included sales of most of the internationai
i,a s me offerings from this source,
however, were well absorbed. and the
steadiness of the local situation. induced
some purchases for foreign account main
~ In st. Paul. A development which has
p Is regarded with considerable gratifica-
ton by substantial interests has been The
growing expansion in railway and mis-
cellaneous bonds. which in a measure re-
nects the general healthful tone of the
nnances., Operations in this department.
embraced an extensive variety If mort
cages, with demand for the issues Of re-
organized properties heavy. The agere-
gate transactions were $1,000, 900.
:. uovernment issues also participated In
tered. Improving "a per cent and the ia
cali. AouiS n eacn on
The herald. [microfilm reel] (Los Angeles [Calif.]) 1893-1900, 1898-06-24
SAN FRANCISCO MARKET
Call Board Dealings and Prices Of
Produce

SAN FRANCISCO, June 23.-Wheat-
Steady; December, 1.37H
Barley-Not quoted.
Corn-Large yellow, 1.00@1.021a.
Flour-Family extras. 5.25Q5.35 per bar
rel; bakers extras, 5.00G5.10.
Wheate.,shipping wheat nominal; mill
Bariey--Feed, ll21s@1 10 per GENITAL; brew
6ats-Poor to fair, 125@127ta per Genital;
good to choice, 1.3O11.35; fancy feed. 1.37hW
LAO per GENITAL: gray. 1.271a@1. 321e; milling.
l.321a@1.37h; surprise, ls5G14O.
Observation-Disclosures 20.O0Q22.0O per ton;
bran, Is. O091600.
Hay-Wheat, 2OOO@22.OO wheat and oat,
1S.OO@20.00; alfalfa. 12.00G12.50.
Dry Beans-Pink, 2.60I2.10; Lima, $500
$50; small white, 1.7001.SO; large white. 1.65
Vegeta bles-Onions. 50@6Oc per GENITAL;
green peas, 1.00G1.50 per sack; asparagus,
1.5012.00; tomatoes, 1.25G175; string beans,
3M5c per h.; rhubarb, 50@75c: squash, 809
75c per box.
Fresh Fruits-Stra wberries, 5.00p7.00 per
chest: gooseberries, 1Q1hc; cherries, black,
20@S5c; white and red, 5000; peaches, 60c0
100; plums, 4OQ75c.
citrus Frults-Navel oranges, 15012.75;
Mexican lines. repack, 3.00@400i common
California lemons, -; choice, 1.75G225.
Butter = Fancy creamery. lBe per lb.;
do. seconds, 171ac; fancy dairy, 17ci do. Sec
onds, 15h@16A.
ranch. 15@17hc.
Pouitry-Turkey gobblers, 10@12c per h.;
old ROSTERS. 3.5094.0O dozen; young roost-
broilers, 9.50M4.00; flyers. 4.00@50O; hens,
3O0n4.0O; old ducks, 3.OOI3.50; geese, 75c1
100 pair; old pigeons. LOO; young pigeons.
LIS.
The herald. [microfilm reel] (Los Angeles [Calif.]) 1893-1900, 1898-06-24
THE SOUTHERN FLAGS
Suggestions From the South as to
What Shall Be Done With Them

Among the northern newspapers a senti-
ment seems to be crystalllzing in favor of
returning to us such Confederate battle
flags as are in possession of the Federal
and state governments. The movement Is
supported by many men Of the north who
we believe, earnestly with to draw the two
great sections of our country into closer
bonds of union. So believing, we cannot
but wish them success in their undertaking;
hence we beg them not to let it assume the
character Of spectacle where the south is
to be called up to receive a lot of faded flags
and be oracularty informed that its past Is
forgiven.
We do not see that we southerners are
called upon to take any formal action In the
premises until we are officially informed
that the offer is to be made. Then we sup
pose 1t would be proper for the grand camp
OF Confederate veterans to appoint COM
mittee to receive the flags; said flags to be
received and afterward delivered TO the rep
resentatives of the several states that for
merly composed the Confederacy. Many
flags, we guess, will never be identified as
belonging to any particular regiment bat
talon or state. These owner.ess trophies
might we'll be turned over to the board OF
managers of the Confederate museum In
Richmond.
And, by the way, we are quite sure our
Yankee friends have a great number of
flags that were never used as reg,mental
colors or for any military purposes what
ever. This we know-that when Richmond
was occupied by the Federal army all Con-
federate flags were seized, and so scores of
them that had been used merely for deco
rative purposes came into the possession OF
the Union troops Thus while our northern
friends have some of our regimental flags
to which a pathetic interest attaches, they
have many other flags which, we suspect,
never saw sanguinary service. However,
we repeat, we look at the motive which has
inspired this movement, and IL we under
stand 1t rightly It is in the interest of bet
ter feeling between the north and the south
"a consummation most devoutly to he
wished Richmond, Va, Dispatch.
The herald. [microfilm reel] (Los Angeles [Calif.]) 1893-1900, 1898-06-24
IN THE PUBLIC EYE

Governor Wocott of Massachusetts is the
first governor In the United States to COM
mission negroes as officers in the army.
Charlotte Grayni, an Italian child, was
taken from the streets of Washington a
year ago by Rev. DR.. H. M. Wharton and
placed at the whatsoever farm" for or
phans, near Luray, Va. 1t is now said
that she has fellen heir to 100000
Phil Robinson. the correspondent of the
Pail Mall Gazette, who is at present locked
UP in Matanzas jail is one of the brightest
of London newspaper men. and the writer
of delightful out-of-door essays in the lead
ing English magazines.
DR.. Ella Graham of Clinton, Mo-, has ten
dered her services to Governor Stephens as
a war physician. DR.. Graham says she did
not enter the medical profession with any
romantic ideas, but sees in the present con-
fiict an opportunity for experience such as
will be of immense value. -
Brazil's new United States minister. who
presented his credentials in Washington the
other day, is named Brazil, and Is only IS
years of age. He has made a study of in
ternational law and written several works
on that subject. He is said to be great
admirer of the American people.
General H. Kyd Dougks, who resides at
Frederick, Nd, who was adjutant general
on the staff of Stonewall Jackson during the
civil war, was anxious to serve as brig
adler or major general In Cuba, but has de-
clined staff appointment as not suitable
to man of his military record.
The mayor of Charleston, s. c.. has issued
an edict that henceforth no municipal officer
or employe shall remove his coat while at
tending to his duties in the city hall. He
thinks that the custom of removing the coat
has shown a lack of respect to citizens COM
PEELED to do business with public officers.
BOSS" Shepherd, whose vast expenditure
of public money in Washington got him into
trouble years ago. has lived in Mexico all
most ever since leaving the national capital.
lie has received from the Mexican govern
ment concessions which will probably bs
worth millions when fully realized. AT
present they are in allegiance pending the
war.
Among governors of states, Pingree of
Michigan has offered to buy shoes for a.
regiment out of his own pocket Powers of
Maine paid the state bounty-$27 O0O-of the
Maine volunteers; Tyler of Virginia will be
responsible for his order for shoes for all his
troops, and Adams of Colorado has offered
to advance all the money needed to equip
Colorado troops, but several citizens are
insisting on sharing this honor with him.
The Prince of Wales, who Is very pune
tilious in small matters as well as in great,
never fails to resent any oddly in costume
in men who are invited to meet him in soci-
ETY.. Recently, at a dinner given at GER
The herald. [microfilm reel] (Los Angeles [Calif.]) 1893-1900, 1898-06-24
Our Chief Enemy In Manila

Manila and the Antilles contain. it may be
noted. foe with which the board of stra-
tegy has not reckoned. 1t is the mosquito.
There is the real enemy. The damage from
niarksmen and machetes is insignificant by
comparison There are other foes of course.
There is the climate to begin with. But
1t is an exploded notion that to the unac-
climated the atmosphere of the tropics Is
necessarily pernicious. 1t is an exploded
notion, too, that 1t Is responsible for dis
eases commonly attributed to 1t. Anaemia,
Is frequent. but 1t is not duo to heat. Mos
COW is as familiar with it as Manila. Ger
The herald. [microfilm reel] (Los Angeles [Calif.]) 1893-1900, 1898-06-24

1t is said that President Kruger and his
executive have decided to have the entire
country of the South African republic sur
veyed geologically. The work is to be car
ried out under the supervision of a citizen
of the republic, DR.. G. A. Molengraaf, who
has been in England lately arranging for
the publication of the results of the survey
by means of annual reports and occasional
separate papers, to be accompanied by
maps. A geological survey of this rich
mineral country will be OF inestimable
value.
The herald. [microfilm reel] (Los Angeles [Calif.]) 1893-1900, 1898-06-24
Los ANGELES IERALD FRIDAY MORNING. JUNE "A. 1898

tain affections of the liver are also frequent.
These however are of parasitic origin and
by proper precautions may be avoided.
Sunstroke, also, is due to microbe. and
that as the writer has seen 1t somewhere
finely stated, "in spite of the mistaken etiol-
ogy perpetuated by erroneous nomencla-
ture." There remains the vibrion of maa-
ria and the bacillus of fever, which. like the
wind, have been supposed to come no one
knew whence and to blow wheresoever 1t
listed. Recent Investigations have traced
these germs to a definite agency. 1t is the
mosquito that conveys them. There is the
enemy.-Edgar Saltus in Golfers Weekly.
The herald. [microfilm reel] (Los Angeles [Calif.]) 1893-1900, 1898-06-24
Condition Of the Tea Trade

Now that the last days of this tea year
are almost upon the trade, attention Is d.
rected to the fact that available supplies
are light owing to the comparatively small
shipments of last year The tremendous
business Incident to the placing Of the ten
cent duty on tea has greatly reduced sup
plies in first hands, which has caused con-
gestion in some quarters, and as conse.
quence some buyers are experiencing DIFF
fculty in getting what they want. Those
who have any considerable stock of tea
are disposed to hold 1t firmly, says the
New York Post, although enough tea
comes out to meet the line trade without
causing distress on the part of buyers. The
business for the week has been very large.
amounting to about 40.0N) packages For
mosas, 10000 packages Amoys, 10000 Foo
elbows, and 1900 or 10000 packages Con-
gOuS
The herald. [microfilm reel] (Los Angeles [Calif.]) 1893-1900, 1898-06-24
London Markets

NEW YORK. June 23.-The Evening
Posts London financial cablegrarn says:
steady today. with a general feeling of re-
lief that the long nineteen day account Is
drawing to a close Americans were good,
with some demand for Union Pacific and
There was little business, however, with
not much support from New York.
The herald. [microfilm reel] (Los Angeles [Calif.]) 1893-1900, 1898-06-24
Bank Assessments

The expenses of the bank commissioners
are borne by a direct tax on the banks In
proportion to their deposits. The levy
is made on the basis of the last returns
tn the board. The apportionment under
this levy has been made up. and requests
for payment of the annual tax for the sup
port Of the commission, including salaries
travelling expenses. rent and care of office
and stationery, are now being sent out by
the secretary. This fund is kept distinct
The herald. [microfilm reel] (Los Angeles [Calif.]) 1893-1900, 1898-06-24
Not Much Education Needed

A Pontiac. Mich, syoung man who is
attending college. wrote his father as fol-
lows: "Dear Father; I want a check for
$50 in order to join the military class. as
am going to enlist as soon as hostilities
are declared" To this letter the father re-
plied John: fit through all the war an
wuz wounded three times. There's no need
of Joining military class. All you've got
to do is to shut your eyes, pray to the Lord
and pull the trigger"
The herald. [microfilm reel] (Los Angeles [Calif.]) 1893-1900, 1898-06-24

@1.SO; Abundance, 65c@1.s5; Royal HetIve,
$100Q1.05; st. Catherine, 90cM105.
Cherries-Royal Anne, 60cM275 box; Tar
tartan, 35c@115; Bigereaus, 70cd100; Gen.
tennial, 45QS5c; Black Eagles, 75c.
Apricots-Royal. S5c@1.65 single crate;
Blenheim, 1.00n1.30.
Observation-Disclosures. 55c@140 box; Halc's
Early 65695c: Gov Garland, Sc,
The herald. [microfilm reel] (Los Angeles [Calif.]) 1893-1900, 1898-06-24
American Prowess at Sea

In every war In which the American
navy has participated it has achieved tri-
umphs that have conspicuous and endur-
ing places in the carefully supervised pages
of history. No nation in all history has
recorded as many brilliantly conceived
achievements at sea as have the sailors of
the United States.-St, Louis Republic
The herald. [microfilm reel] (Los Angeles [Calif.]) 1893-1900, 1898-06-24
Best Educated Nation

Germany is now the best educated ma
ton Of the continent. yet only 100 years ago
German teachers in many parts of the
country were SO poorly paid that they
used to sing in front of houses in order
to add to their income by odd pence.