davidaulloa/AmericanStories huggingface dataset:
The San Francisco call., 1904-07-27
cember. s.5sc; January. s.e1c; February.
9.62c; March. 9.s5c-
Ne7c York Grain and Produce.

NEW YORK. July 2s-FLOUR-Receipts
81 500 barrels; exports. 1920 barrels; market
WHEATIReceipts S.. O0O bushels; exports.
$50 bushels; spot firm; No, : red, nominal
ern Duluth. 81 OS1s Z o. b. ahoat. Options
o-ena5 lower on account Of easy Liverpool
shes favorable weather and crop news and
hir rsceipts but soon turned strong and closed
strong L6Tsc net advance. May closed 929t C;
93Isc; December. 90s4 d92lsc. closed s2c.
HOPS-Stesdy-
HIDES-Steady-
WOOI-FirTu.
PETROLEUM-Quiet
COFFEE-Futures closed steady and un-
changed to ; points lower. Total sales were
reported Of So. coo bags. including: September,
4 65fI6 IOc: December, $500. 4Ocs March, 500
&. CSC: MAY. 6.sO96.S5c- Spot Rio. steady
sTfGAR-Raw, firm; refined, firm.
BUTTER-Steady and unenanged
C.HFESF-Quiet and unchanged
TrGCS-Weak. Western extra nne, 2od20ia c.
DRIED FRUITS
EyAPORATED APPLES-The market con-
tinues firm demand being light but holders
are confident owing to the small stocks. Com
mon are quoted at 4T5lac; prime, 5&d6c;
PRIrNF@Remaiu quiet and without change.
Prices range from PC TO 6lac, according tc
grade.
ricots for future shipment from the coast,
but holders show no disposition 10 stimulate
5er,ard hv prfce concessions and the market
has . Terr1 urdertone. Choice are quoted al
aIsaTOc. extra choice at 1Ol4 d1015c and fancy
aCI4Fs-A-e practically the same as ap-
rfcots to position Choice are quoted at "a
7hc. extra choice at 41a9sc and fancy al
olaTT0r
The San Francisco call., 1904-07-27

OF business in the wool market IS noted this
week, following the almost abnormal activity
of the preceding fortnight Prices. however,
remain as firm ever. The larger mills have
apparently stopped buying. the smaller making
up the market The upward tendency IN the
market Is still felt Territory woods continue
relatively active with demand large Pulled
woods are firm and the same is true OF foreign
grades. though the market is quiet Leading
quotations for territory are as follows;
Idaho-Ffne, 1T11scs heavy fine, 141I5c:
fine medium. 17d1sc; medium. 19d2oc; low
medium, 20T21c.
Wyoming-Fine, 16a17c: heavy fine. 14a
15c; fine medium, 1761Sc; medium, 2Dd21c;
low medium, 20122c.
Utah and Nevada-FIne, 16IhGIThc; heavy
fine 14d15c; fine medium. 1761sc; medium.
2162Ic; low medium. 21d23c.
Montana-Fins, choice 20I21c; average.
I962Oc; fine medium choice. 2O621c; average.
Is42oc; staple. 21G22c; medium choice. 22G
The San Francisco call., 1904-07-27
Nee York Metal Market.

NEW YORK. July 26.-Tin was weak to-
day closing at sI21 15s for both spot and
futures in the London market and at $50 f5G
% 90 for spot in New York
Copper advanced slightly in London. closing
at e5T IS for SPOT and e57 3s Cd for futures
Locally prices are unchanged. Lake is quoted
ar Si2 671s012 T5: electrolytic, SI2 6T5 n
- s7Is: casting. sI2 32t4G12 so
Lead was little lower in London. closing
vesterdav's decline or 81 2OG4 % for spot
SpeIter was unchanged in both markets.
London quoted spot at s22 IS Sd and the
New York price IS 81 so 30
Iron closed at 51s cd in Glasgow and at 42s
fOI6d in Niddlesboro. Locally iron was IN
changed No / foundry. northern, Is quoted
AT Sf4TI4 so. No. foundry. northern S13 T56
Ia. No 1 foundry southern. and No l foun-
drv southern, soft. SIS 50GI3 IS.
The San Francisco call., 1904-07-27
SUMMARY OF THE MARKETS.

Ne7C York stock market Io1rer nndsr bear rmors
Violent fluctuations III .4IaSko Packers stock.
European Exchange on London still rising.
Cash and future Wheat higher and the latter Gcti5e.
BsrLey Rye aid Com steady and unchanged.
Oats fTrn 1oTtk seed demand ob beqrng.
FlofT unsettled By freight and zcur conditions
RoiFOad yards still ckoked 1tTtk Hay.
Bran firm, 1oith hints OF higher prices.
Bean market III excellent SHAPE for sellers.
Potatoes cleaning up better at The reduced prices
Onions and Vegetables III liberal supply and 7peak.
Poultry higher ardr lighter arrT5ais.
FrTfit market zUeak under ercesSive supplies
Butter Cheese AID Eggs 1ueak and the latter lo7Uer
Driss F'7Gts and Mus firm. Honey neglected.
Pri1ies and Raisihs III good supply and 7ceak.
PacFiHg- strike sill hGnP PerIrg Precision trade
Hides fr5Iser, o7UiHg 10 the Western strike.
h0P crop III Oregon reported Under last years.
Wool market 7ueIi cleaned up ard firm
Cattle and SHEEP III liberal supply and 7ceak.
The San Francisco call., 1904-07-27
PrOz'iGOnS.

TIE market continues tuu and fsatureiess.
and quotations have shown 10 change for sone
little time Advicss from Chicago yesterday
said; The duIlness caused BY the strike scill
dominates the market ard trading is confined
70 scalping operations and IS very small and
otherwise fearureless. On the whole, the mar
ket is a waiting one and without tendency.
The consumption of Beef and Pork has de-
creased heavily since the stris= 1sgan- Every
body curtailed the use of Meats. and discrfbu-
tors IN the South. particularly those with large
stocks hand. advanced prices. but thA trade
has not followed the advance"
CURED MEATS-Bacon. 10c per ID for
heavy, 101ac for light medium, 1215c for light,
1Siac for extra light and 16c for sugzE-cured: !:
Eastern susar-cured Hams 13Hc: California
Hams. 12i5cs Mess Beef s1OG1O 50 per bpi :
extra Mess. S11G11 so. Family. Sl2012 50:
prime Mess Pork. S1f 50: extra clear. S21: Ness
S17 so; Dry Saltsd Pork. 9lscs Pig Pork. e..
Pigs Feet. s.: Smoked Beef .14c per ID.
LARD-Tierces quoted az 69615c per 10 for
common and &c FOR pure; half-barrels, pure.
9l4ci lob tins exc 5-Ib tins. csc: BID tins.
Zoe
COTTOLENE-Ous half ba--sl. sSc: three
half barrels. SIC; one tisrce. sac: two riercss.
Sc hve tierces. T5sc per ID
The San Francisco call., 1904-07-27

WEsTiE-El And CROP CONDTTIoNs
Nillows-All crops in good condition
Riverside-Thundsr shower
santa Maria uChanEed crop condition.
HOilister-Barllett pears are ripenfng. crop
about TIE same as last year.
Cclusa-PezTs in market: crop VIII be large
Napa-HfEh fog in morning: hay ana Eraiu
about all harvested.
Hanford-Grapes are ripening fast. pr1ne
crop good
san Jose-POtstoes viii run smaller and
lighter than last year.
ClOverdsle-Light plum and pr1ne crop
Palermo-Au cro1s as before reported
Stockron-CliuE and free peaches coming for
ward freely: quality good
Liverunore-Beer harvesting AZ Plea rtr7
viii be about Two weeks late
King City-Cioudy morning.
A c. McADTE.
The San Francisco call., 1904-07-27
CATTLE, SHEEP AND HOGS.
Chicago.

CHfcGg0.
CHICAGO July 26.-CATTLE-Recefpts
2O0o mead: market strong; good TO prime
steers, IS 4oG6 80; poor to medium 81 256
%; stockers and feeders. $2G4; cows 81 5Ol1
so; heifers, s2G5; Gamers, 81 5Od2 so;
bulls. S2a4; calves. s21I; Texas fed steers
S395.
HOG+Recelpts to-day. 200o; tomorrow.
5OO0; market mostly IOc higher; mixed and
butchers, SIS 25Q5 IS; good TO choice heavy
S5 45fi5 so: rough heavy, 81 T515 IS; Iight
IS 2Gd5 90; bulk OF sales. IS 25d5 65
SHEEP-Receipts, 5000 head; market slow
good 20 choice wethers. S4d4 25; fair to
choice mixed, $3d4; Western sheep, S3d4 25 :
native lambs, S4a7; Western lambs. s6G6 75.
Kansas City.
KANSAS CITY. July 2s---cATTLERe-
ceipts 1000; market strong to 10c higher; ma
tive steers. S4a6 .; Southern steers, 50 751
90; Southern cows. 81 7563 so; native cows
and heifers, 81 75T5; stockers and feeders
81 5094 so; bulls. 81 25G3 IS; calves So 5O0
rs; Western steers, 50 1908 so: Western
cows. 81 1913 70.
HOGS Receipts. 1000; market 15a25c
higher; bulk OF sales, IS 1896 IS; heavy.
S. 45G5 so: packers, S. 40g5 55; pigs. 81 500
So
sHEEP-Market noninally steady; nuttons,
50 25G4 20; lambs. $4d6; range wethers
50 1904 IS; ewes, $513 T5.
The San Francisco call., 1904-07-27
EASTERN MARKETS.
Ne7U York Money Market.

NEW YORK. July 25.-Close: Money On
cali was very easy az i per cent; closing bid
= offered at 1 per cent
Time leans were steady: 60 days 2Is per
cent 30 days. "a; six months, 35sG3& per
cent
Prime mercantile paper. 81 d4A per cent.
Sterling exchange was strong, with actual
business IN bankers bills al 81 S7T0T4 Sis
for demand and at 81 s5f4 $50 for 90 dsy
bills
Posted rate, 81 s5G4 s5lk and 81 ssa4 SSH
Commercial bills. 81 S4at
Bar silver. 5sikc-
Mexican dollars. 451sc
Bonds-GoYernments steady; raflraosas
-
The San Francisco call., 1904-07-27
Weekly Crop Report.

WASHINGTON. July 26-The weekly crop
report of the Weather Bureau issued to-day
says: Limited areas in the South Atlantic
States. Tennessee and the Ohio and Upper
Missouri valleys and North Pacific Coast need
rain While early spring wheat has been
somewhat improved by rains in Oregon much
Of the Iats-sown has been cut for hay. In
Washington spring wheat is backward and
suffering from drought
The San Francisco call., 1904-07-27
Flour and MiIlStnfs.

Aside from the rumored reduction in the rail
rate on Flour from Southwestern points TO
California, mentioned yesterday. and which is
annoying the local millers considerably. there
is nothing new to report in these markets.
which are quiet There 10 naturally a great
deal Of interest taken in the probability OF
shipments of Flour from this port 10 the Orient
being seized by the Eastern bellgerents. as the
export business would OF course be affected
thereby, so the situation in Flour is uncertain
all around
FLOUR-CaIifornia Family Extras. s4 600
60 usual terms; Bakers Extras 81 5074 so:
Oregon and Washington. jobbing at So s514 IS
per bbl.
MILLSTUFF'1Prices in packages are as
follows: Graham Flour, IS so per 100 lbs;
Rye Flour So so: Rye Meal. 50 %; Rice Flour.
81; Corn Meal. SO so; extra cream do 81 %:
Ost Groats. 81 80; Hominy. $fG4 %: Buck
wheat Flour. 81 5064 rs; Cracked Wheat. 81;
Farina 81 so; Whole Wheat Flour. S3 T5:
Rolled Oats bbls 81 25Gs so: in sacks IS 759
10; Pearl Barley IS: Split Peas. boxes. 81:
Green Peas. IS so per 100 lbs.
H,7u n.,d E1sd Sf,f4Te
The San Francisco call., 1904-07-27

Forecast made AZ san Francisco for thirty
hours ending midnight. July - 1904:
Northern Californis-Cloudy Wednesday:
probably thunderstorns IN the Sierra: cooler;
fresh scurllsrly winds
Southern California-CIoudy Wednesday:
cooler LLul6ersrCrms in the mountains and
Possibly light showers on the coast: fresh south
erly winds.
Nevsda-Thunder showers; cooler vednes-
day.
san Francisco and vicinity-CIoudy Wednes-
cay. fresh westerly winds with fog
A G. McADIE. District Forecaster.
The San Francisco call., 1904-07-27
I4tail0ble Grain Supply.

NEW YORK. July 2s.-SpeciaI cable and
teIegraphic communications received by Brad
streets show the following changes in avail
able supplies as compared with last report:
Wheat-Unfted States and Canada. east OF
the Rocky Mountains, decreased SIS. coo bush
els: afoat for and In Europe decreased ]. 500, =
600 bushels Total supply decreased ISIS. 90
bushels.
C'orn-United States and Canada, east ot the
Rocky Mountains decreased 4T2.OO bushels
C-ats-IJnited States and Canada, east OF the
Rocky Mountains. decreased $4,000 bushels
The San Francisco call., 1904-07-27
Cash Grain and Provisions.

CHICAGO, July 2e.-cash quotations were
as follows Flour quiet and unchanged; No.
2 suring wheat asGa9c: No 3, SSd95c: No. ?
red. 97n90c; No corn. 49Ac No yellow.
51I.e: No. oats. 40G4olsc; No white. $50
41s.e No. re TIC; good feeding barley.
35Q3Sc fair 10 choice mailing. 42d5Oc: No. 1
faxseed. 81 IS; No. l Northwestern. 81 231s ;
prime timothy seed 81 95G3: mess pork per
bhl $40 1912 so: lard. per 100 lbs. SIS III a
6 50: short ribs sides Goose), 81 25GT 81 II /;
short clear sides noossl s. 25dT 50; whisky,
basis OF high wines, 81 2s; clover. contract
The San Francisco call., 1904-07-27
LOCAL MARKETS.
Exchange and Bullion.

Silver Is fraction frmer and European
Exchange on London is higher
The steamer China. which arrived Monday.
brought SOC. eco Ja3anese gold yen from YOko-
hama TO the International Banking Corpora
tiOn. Since December l. 1903, the total re-
c=ipts have been II .S73. COO yen, consigned to
the following institutions: HongkOng and
Shanghai Banking Corporation s.. 600, eco; In
ternationaI Banking Corporation, 16. 323. 600;
Nevada National Bank 13. $50. coo; AnglO-Cali-
fornian Bank. Limited. Q. 600. 600, and London,
Paris and American Bank. $500, 900.
The San Francisco call., 1904-07-27
Ne7o York Cotton Market.

NEW YORK, July 26--Cotton futures
10 I5c: September offered e.s2c; October
Q sic. December 95sc; January. e.5ac.
SPOT cotton closed quiet, 10 poinIs lower
10 Csc: sales. 25 bales
Cotton futures closed steady august.
The San Francisco call., 1904-07-27
Northern Business.

SEATTLE, July 26--Cearings. sT2l. .S2s;
balances. S1o4. 154
TACOMA, July 26-CIeerfngs. $291. I26:
balances. S29. SIS.
PORTLAND. July 2s-cearinss. s442. .2ss;
balances, 81, ,624-
SPOKANE, July 26.-ClearIngs, 1915, 251 (:
balances, $37, ,373.
The San Francisco call., 1904-07-27
General Merchandise.

BAGS-Grain Bags. SIC; San Quentin. IS 20.
Wool Bags. 3o632c; Fleece Twine. TIC. FrriE
Bags. 61s671sc for white and &c for brown
tute.
ners' Association quotes the following Prices
sar the 1904 pack-
The San Francisco call., 1904-07-27
Northern Wheat Market.

OREGON.
PORTLAND. July %. - WHEAT - WaIla
WalIa 666e7c; bluestem, 71G72c; valley, Tsc
WASHINGTON.
TACOMA July 26.-WHEAT-Unchsnged
bluestem 75c; club, Csc.
The San Francisco call., 1904-07-27
Dried Fruits. Mats, ,Rdisins, Honey.

There Is no further change in the situation
Raisins continue all at sea. with the packers
operating independently Of the association and
rarning prices below those Of the latter Nuts
quiet with Almonds stfIl under prospects,
Of hEht crop. Honey rules very dun.
The San Francisco call., 1904-07-27
St. LontS Wool Market.

ST LOUIS. July 26--wOOI-Active and
steady; medium grades. combing and clothing.
20d25c; light hne. 1920; heavy fine. 12d16c,
tub-washed, 21434Hc.
The San Francisco call., 1904-07-27
Condition of the Treasury.

WASHINGTON July 2G--To-day's state
r,ent of the treasury balances in the general
A. The division OF redemption, shows available
cash balance, s149. .s32. .657; gold. 1876 642
The San Francisco call., 1904-07-27
Butter, Cheese ard Eggs.

CHICAGO. July 26.-On the Produce Ex-
change To-Day the butter market was steady:
creamerfes. f3917c: dairies 12115c. Eggs al
mark. cases Included. 141sQ15c. Cheese steady
at 7& &Gsizc
The San Francisco call., 1904-07-27
"EAIHER CONDITIONS - -

o.. - -as beer sllcht -
100 coast durire ~. - - pfess1re sio1g
- tze t--sse t--se Heathe- oo1tl-se. s.-,s so,sr
rs1er1ed ~ Inse-e-s---- lagnderstorns
ls- - -. ,-estei-e- Rain 20 rsi-e-l gag
M, se-s- Sc 800 go aaa ia sogr1 gsi1ss. = Sss val
.ss norIhwau5 sns VII ----fs 70 be work
~ - - a-sturbsnoe Wssree,ss.. merge with
so--is s-e s-.--1-e has fallen fs--@5,-ss... -,
The San Francisco call., 1904-07-27
Gather Peb0rf.

l-erl1 la--ra-tf- Ti-el
An ERA NcIS0o. July 2-5 ?. n.
uaE'u--- ard minimum ten
- e'e rs1crtst llr r-svious Cay from
The San Francisco call., 1904-07-27
London Closing Stocks.

Bar silver-Firm. % 13-16d per ounce.
Money-2hG3 per cent
The rate OF discount in the open market for
short bills Is 2 15-1e93 per cent and for three
months bills 3 per cent
The San Francisco call., 1904-07-27
ales $40 SEQ

Total sales $40. SEQ
UNITED RAILROADS OF SAN FRANCISCO.
NEW YORK July 26.-No bond transactions
to-day.
AMERICAN CAN COMPANY.
Common. bid 4s. asked "A; preferred, bid
Al asked 4Iat
The San Francisco call., 1904-07-27
Fruit and Wheat Bulletin.

Fer TIE twe1ty-four hours ending . m
10th meridian time. San Francisco, July 26
The San Francisco call., 1904-07-27
Hay and FeedStnfs.

The Hay market continues in the dead and
The San Francisco call., 1904-07-27
Miscellaneous Markets.
Boston Wool Market.

BOSTON. July as---A reaction in tn. voluH
The San Francisco call., 1904-07-27

Continued on Page Twelve
The San Francisco call., 1904-07-27
NEW YORK BONDS

Atlantic { L As ass Nor Pac !
Bait & Ohio IS. ..10S Do 3s
Do 3izs ....... 94l5 MOI < "
Central cf Ca 5s.1ISi4 CSL IS &
Do Ist inc. 7S2t Pa cow
CheS & Ohio 4L.s. I0s-s Reading 2
Chi & Alton 3Ias. IS Isl. 81 !
c. 3 & . new 4s. 97ts : L & 5
C.M & SP gu 4s.10Siz 81 Louis :
c & NV con $3.50 Seaboard
c, r / & Pac As. T0rs So Pacific
Do col 5s....., s14 SO Railwl
C.C.C & Sign 4s.1O2 Tex & P
Chi Term 4s.. 13I1iT- ST I.
Cons Tobacco As. 81 Union Pa
Colo & So 4s.. s. Do COW
c T & I con 5s T42t L < Steel
Den & Rio g $500 Wabash 1,
Erie prior lien As gS7s Do deb
Do gen Is ..-.- 81 " z L z
T " & D c lists 1c4iL Wis Cent?
Hock Val ATS 1O7LI
The San Francisco call., 1904-07-27

TIE weekly report o. A G. McAdie. sectior
director a. rhe climate and crop service of n.
8 -zr1=r Bureau. is as follows
GENERAL. summary
The San Francisco call., 1904-07-27
Foreign Futures.

LIVERPOOL.
The San Juan islander. [volume] (Friday Harbor, Wash.) 1898-1914, 1904-10-15
GREAT SUNS TO POOR.
"GOiden Rule" Jones Gave AWAY Al
most All He Had.


Toledo, O., Oct. 1.-THE report Of
the appraisers of the estate of the late
Golden Rule Jones, of Toledo, when
submitted in the probate court, created
a sensation. Mayor Jones was report
ed to be worth at least million, and
it is said that seven years ago when he
accepted the position of mayor his in
terest in one manufacturing corpora
ton alone was worth 100000, and
the report of the appraisers shows the
aggregate amount of the late mayors
interests to be a fraction more than
1913 0, 900, or about third less than it
was six years ago. He had given away
over 800, 900 year.
In view of the fact that Mayor
Jones income outside of his official
salary was estimated at about $40, 900
! year, the reduction of his holdings
naturally caused considerable COM
ment. When the late Mayor Jones
died more than 200 notes Endorsed by
him had been by his expressed will,
destroyed
1t is we'll known that Mayor Jones
had helped many delinquents and de-
faulters in sums ranging anywhere
from S. to $4,000, and not in one case
out of fifty did he expect any returns.
II was liberal contributor to out
side charities. In one we'll known case
he gave his personal check for $50, 900.
He refused to make will for the rea-
son that he did not know exactly what
his financial condition was.
The San Juan islander. [volume] (Friday Harbor, Wash.) 1898-1914, 1904-10-15
MORE JETTY GOES.
Another Portion at Mouth of Co.
lumbia Swept AWAY.

Astoria, Or, Oct. 1.-Two sections
of the jetty trestle at the mouth of the
Columbia river have been destroyed by
the storm. Waves broke over the jet
ty and fully 800 feet of the structure
were carried away. Just before the
accident occurred train had come in
from the outer jetty and had left six
men behind. As soon as the perilous
position Of the men was reported, Su-
perintendent Hegardt called upon the
Point Adams life saving crew for as
sistance. The sea was very rough and
it was only after hard battle with
the waves that the life savers were
able to rescue the six men and bring
them back to Fort Stevens. The acci-
dent has resulted in all work on the
jetty extension being suspended for the
winter, as the necessary repairs cannot
be made at this season of the year.
The San Juan islander. [volume] (Friday Harbor, Wash.) 1898-1914, 1904-10-15
INSTITUTES FOR iFARnERS.
Agricultural College Arranging Dates
for Series.

Agricultural College Arranging Dates
for Series.
Pullman, Oct. 10.-The Washington
agricultural college is arranging a ser.
les Of ten farmers Institutes to be held
west of the Cascades, including the
counties of King, Kitsap, Mason,
Pierceand7W hatcom. These institutes
willybegln about October "a, and will
continue throughout three weeks.
Among the places suggested for the in
stitutes are the following: Lynden,
Custer, Stanwood. Monroe, Kent, Rem
ton, Enumclaw5 Port Orchardt Shell
ton, Buckley, Vashon, Sumner and
Orting. The complete arrangements
for these Institutes have not yet been
made, but are under progress. Prof
E. E. Elliotts of the college, has the
arrangements in charge and invites
correspondence on the subject from
parties who are interested. 1t is
planned to adapt these Institutes to
the separate needs OF each section. The
list of speakers is being arranged, in
Guiding some new workers. It is hoped
that this will be one of the most sue.
cessful series of institutes that has yet
been held.
The San Juan islander. [volume] (Friday Harbor, Wash.) 1898-1914, 1904-10-15
MUST DRIVE JAPAN FROM ASIA
Leading Russian Paper Declares
There Can Be No COmDrOmjte

*
There Can Be No Compromise.
St. Petersburg, Oct. 1O.-Replying
to the statement Of Count Okuma,
leader OF the Japanese Progressive par
ty, that the war with Russia would be
long, but that the japanese would win
in the end, the Novoe Vremya declares
the idea of possible compromise with
Japan has been abandoned and that
the war must be prosecuted by russia
In such way that there can be no
possibility of Japan's renewing the
struggle. Europe for thirty years was
under the menace of revenge for AL
SAGE.
IF we conclude peace with Japan,
all our efforts in the far East will be
valueless and we shall have to spend
enormous sums to keep up our arma-
ment there. The Japanese once for all
must be driven out of the Asiatic con-
tinent.''
1t is now accepted here that the re-
ported naval fight off Port Arthur was
purely imaginary. The naval reports
OF the newspapers dwell on the diff
culties which the Port Arthur squad
ron must experience in breaking out
after the disastrous sortie of August 10.
The general opinion is that the
squadron could not venture out unless
something had happened to the Jap
anese warships of which there is NO
knowledge here.
In any case, the Russian ships could
not go to the neutral port of Ohefoo,
but must head for Vldivostok If the
Baltic fleet was approaching, however,
the whole situation would be different
The San Juan islander. [volume] (Friday Harbor, Wash.) 1898-1914, 1904-10-15
RAILROAD IS SOLD.
OWNERSHIP or PORT ANGELES
EASTERN TRANSFERRED.
Property Formally Turned Over to
the AmeriCan-BritiSh Finance
Company for Consideration of
$6OO,OOO-New Company to Ex-
tend Line to Portland via Olympia

Port Angeles, Wash, .. Oct. 12.-All
OF the property and franchises of the
Port Angeles Eastern Railroad Compa-
ny have been transferred to the Amer
lean British Finance Company, the
consideration being $SOO,OOO. W.
Wayne Belvin, president of the COM
pany, has left here for New York.
The company states that it will build
the, road to Olympia within one year,
the present objective point being Port
land, Or.
Seattle, Oct. NV. w. Belvin,
president of the American British FL
nance Company, has returned from
Olympia with the information that
the Port Angeles Eastern railroad has
passed into the hands of his company
andsis now owned and controlled by
that corporation. The transfer of the
road and all of its holdings in Port An
geles commenced Saturday and was COM
pleted yesterday. 30,
The object of the Americna- British
Finance Company in securing the Port
Angeles Eastern. as announced by Pres
ident Belvin few days ago, is to ex-
tend the road from junction city to
Portland and establish at Port Angeles
one of the most important seaports
most importatn seaperts on the Pacific
coast. AS outlined in a story pub
lished last week, the company contem-
plates building through the tim Der dis
tricts of Clallam county, then along
Hoods canal, thence to some point near
Vancouver, Wash, where it will ferry
across the Columbia to the Oregon side
and then run into Portland. 1t is an
nounced that the. road, will connect
with three transcontinelntal lines after
it's completion, and will supply the
means by which these roads can reach
deep sea port at Port Angeles.
The corporation, it is understood,
has secured all it's rightsof way with
the lexceptionsof that between Olympia
and Fulton. The title to the old Union
Pacific grade between these two points
is involved legally and the new COM
pany has surveyed an independent
route. Gen. Metcalfe and Attorney
Trum bull have been left in Olympia
and Fulton. 1t is announced that if
title to the route cannot be secured in
any other way condemnation proceed
ings will be instituted Immediately.
Mr.. Belvin states that be proposes
to have3his road into Portland by Jan
uary l., 1906, and will commence build
ing operations just as soon as the right
of way has been secured.