New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1899-05-14
TOPICS IN CALIFORNIA.
PROFITS IN oAsMAKING-NEw THEATRE
IN SAN FRANcIsco-FLUcTUA-
rIoNs IN STOCKS
TIoNs IN STOCKS
rpr rrLsenArH TO THE TRIBUNE.

TONS IN STOCKS.
fpr rELscRArH TO THE TRIBuSE.l
San Francisco. May 13.-Two local gas com
panies are sending out bills computed az the oio
rate of 81 Is thousand. although the super
visors have passed ordinance fixing the new
rate at 81 10 The companies agree to return
rebate of the difference should the courts de-
eide that the action OF the Supervisors was
legal Under the old method Of making gas
from, coal. It could not be produced cheapiy IN
San Francisco. for coal was dear and labor
high. but under the new methods OF extracting
gas from petroleum, IL is estimated that at the
price gas has been sold here for several years
there is clear profit Of $1,000 on every million
feet of gas made. The two local companies
could not afford to sell gas at the present New
York rates. but they can made good pront
at 81 10.
In a few DAYS the block bounded by Dupont.
California. Pine SITS. and Quincy Place will be
condemned by complaint on eminent domain by
the city. It includes two disreputable alleys,
which have been closed more than year. and
the object is to establish park in this tenement
house district The movement has been carried
through by priests OF old ST. Mary's Church
which faces one OF the alleys.
The finest theatre In San Francisco will be
located in the Palace Hotel. The plan is to
move the grillrooms out to Markets. utilizing
some of the stores and give the theatre the
place now occupied by the present grillroom'
with the floor above In this way a space OF lou
feet square by 80 feet in height would be gained
Charles Frohmans company In ON ana on
has scored a big success at the Columbia Inc
atre The farce is declared by critics to be the
brightest seen here in many months. and the
acting the most artistic. Clay Greenes new play
His Japanese Wife," had its first production
in this country at the Alcazar. 1t has been
played TO good houses, and the critics gave II
much praise for natural situations and bright
dialogue.
The new school census shows a decrease In the
number Of children of school age Of S44 from last
year while there is an increase Of LII In the
number Of children under five years of age. the
result is that the city will receive $500 less
school money than last year. Experts regard
these figures pretty clear proof that last
years census was stuffed
Old Professor Lowe, the builder of the Mount
Lowe Railway. will have to give UP his me
home in Pasadena which has long been one OF
the show places in Southern California. 1t IN
cludes of the largest collections OF roses IN
the world. The mortgage on the place was fore-
closed after the recent failure Of the railway
company and the residence was bought by
Charles G. Emery Of Chicago, who allowed Pro-
lessor Lowe 10 retain mis- home by paying
rent Of $500 a month. No rent had been paid.
so Mr. Emery sued for rent and restitution OF
the premises winning the contest. Professor
Lowe did much TO develop Pasadena. and his
cog railway up Mount Lowe Is one OF the great
curiosities In the State. but he lacked business
ability and all his ventures proved unsuccessful
The suit Of the city Of Monterey against the
millionaire David Jacks TO determine the title
to forty thousand acres Of land was tried this
week and submitted. Jacks and others claim
some of the most valuable property within the
city limits OF Monterey. These are Pueblo lands,
and Jacks contends that the new city OF Monte
rey. organized in 1899. did not acquire title to
the lands held by the old city.
In the local stock and bond exchange there
have been no sensations this week. Hawaiian
Commercial sank to 10 on Monday. but grad
ually recovered to 100 The local papers called
attention TO fluctuations In this stock In one
day that represented S1.OO0.OO0. and asked
whether there was anything legitimate In
deal which gave property worth S3,WOVO
fictitious value OF S12OOOOO0. Hutchinson
Plantation advanced from 34a. to 357s and Giant
Powder from 10 to rs. while San Francisco Gas
and Electric declined from 70 to TN.