davidaulloa/AmericanStories huggingface dataset:
The San Francisco call., 1908-03-05
wheat and other Grains

Wheat-Liyerpool futures were higher. Chi
cago advanced at the opening. but lost 1t and
more, too, on increased arrivals. There a
firm tendency everywhere, with more demand.
Minneapolis millers were buying everything In
sight A brokers' wire from Chicago said:
There was decided show of strength early.
when the offerings seemed to be very limited.
and the shorts took fright and forced sharp up
turn witGstop loss buying orders. Liverpool closed
very firm There was another private estimate
on farm reserves placing the total winter and
spring wheat in first hands at so 600 600 bushels.
Larger offerings by farmers, both northwest and
southwest, were reported as the result of the 10
per cent upturn In prices the last two weeks.
This sort of news was Offset by reported sales
of 100000 bushels cash wheat at Omaha to go
to Minneapolis, and 100000 bushels hard wheat
at Kansas City to go to Buffalo"
In this market the cash grain showed consider
able change, but futures stood about the same,
without much doing in them.
CASH WHEAT
California club, S1.571a@l.60; do milling,
$l.621a California white Australian, 1.65@
Ito; lower grades of California, $1.30@1 80;
northern club, $1.5I1a@1.621a; northern blue
stem, 81 .621a al. So; northern red 81. u a
per ctl
FUTURES
1870 a. m Session
No transactions.
p. m. Session
May-$1.55 bid.
December-$1.4 .42M bid.
Barley-The market showed no marked varia-
tion yesterday one way or the other, trade being
very quiet. Receipts were $3.50 ctls Handlers
OF brewing continue to report that description
neglected and nominal.
CASH BARLEY
Good to choice feed, spot, $1.S2h9l.a5;
The San Francisco call., 1908-03-05
Now York Grain and Produce


NEW YORK, March -Flour-Receipts, 10,
900 barrels; exports, $500 barrels. Market
firmly held and quiet. Minnesota patents, s525
G5.75;. winter straights, $4.45@4.70; winter e1-
tras, $3.65@4.25; winter, low grades, $3.559
4.l5; Minnesota bakers, S4.5O@51o; winter
Wheat~Receipts, SO, 600 bushels. Spot easy;
No. 2 red, 81 03ss elevator; No. red. $1.045s
f. o. b. a1oat: No. / northern Duluth Sl.20
f. o. b. afoat; No. 2 hard winter, S1.16la
{. o. b. ahoat. Heavy northwest receipts and
increased country offerings from other western
points staggered the bull movement in wheat
today. There was a rush to unload which
broke prices nearly &c per bushel from the high
point and the close showed sc net loss May,
los. closed S1.o1ss.
Hops-DuIl.
Hides Dull; Central American, lie.
Wool-Quiet
Petroleum-Steady.
Sugar-Raw. firm: fair refining. 3.37c; centrif-
fined steady.
Coffee-The market for coffee futures opened
quiet and unchanged prices TO advance of .
points and closed dull net unchanged to points
higher Sales were reported of 10000 bags,
including March 5000 and September at 6.1o
@6.15c. Spot, quiet No. Rio, SIC; No, 4
NEw YORK, March 4-Butter quiet and I'M
changed. Cheese quiet and unchanged. Eggs
DRIED FRUIT
EYaporated Apples-While offerings are not
urgent except in special cases, there is
practically no demand and when sales are
forced lower prices are the consequence Fancy
quoted at 1o1sc; choice, S& g91ac; prime, u
@sc; Canadian, prime, 7k@7&c; common to
fair 6& @71c.
Prunes-Are said to be steadier on the coast,
but the spot market shows no improvement,
with prices ranging from 41a 015c for Cali
fornia and from 6I5@10c for Oregon fruit.
Alphabetically, with choice quoted at 1874
n2lc; extra choice, 22G23c; fancy, 24425c.
Peaches Steadier in tone, with choice quoted
at 10d10Iac; extra choice, 11@11ac; fancy.
1115 @12c: extra fancy, 13@l4c.
Raisins-Dull and easy; loose muscatel at o12
@7c; seeded, 5% @S15c; London layers, $l65@
The San Francisco call., 1908-03-05
LOCAL MARKETS
San Francisco Money Market

There was a further decline in New York ex-
change yesterday and sterling was also weaker
for 60 day bills. Hongkong exchange went down
a little in sympathy with fractional decline in
silver Continental exchange showed little vari-
ation The Bank of England bought 15S, 900
pounds gold bars in the open market.
There nothing of Importance new in the
monetary situation.
Assistant United States Treasurer William G..
Ralston reports that the money on hand in the
ness on February 20 was $33, ,244 400. TO- including
So $40 6S5 80 in gold coin $26 3S4 2sS in standard
silver dollars and $3.50 1925 in subsidiary silver
coin The silver shipments in February were
$123 500 in standard silver dollars and $120. 800
in subsidiary silver coin, making total for the
month of S244, ,050, as compared with $2S0,3So in
January
The San Francisco call., 1908-03-05
Flour and Farinaceou. Goods

Flour-California family extras, $5.4o@6 net
without discount; bakers extras. So. 40@5. So
superfne, 81 20@4.50; Oregon and Washington
per Dbl, $4.75@525 for family, bakers and pat
ents and S4.20@4.50 for cut off: Kansas pat
ents, San Francisco track. $5.s5; do straight
Dbl.
Farinaceous Goods-Prices in packages net
cash, no discount, are as follows: Graham -four
80 per 100 lbs; rye -four So 40; rye meal, So. 20;
rice -four, $40; corn meal, s2.T5: extra cream
do So SS4o cat I'm mesd al ssio oat grosts s4s9
cracked wheat $3.50; farina. s4.20; whole
wheat -four, $500; rolled oats. bbls S6G7.25 In
sacks $6.25@6.75; rolled wheat, bbls 81 80. in
sacks $3.50; pearl barley, s54O; split peas,
boxes $5 per 100 lbs
The San Francisco call., 1908-03-05
New York None Market

NEW YORK. March Money call was
easy at 1& a. per cent; ruling rate, y per
cent; closing bid 13 per cent; offered, per
cent.
Time loans steady; 60 day bills. 31a@3A per
cent; 80 day bills, 3sa "a per cent; six months,
AZ @415 per cent.
Prime mercantile paper, 5@51a per cent
Sterling exchange steady, with actual
business in bankers bills at 81. S665Q4 $50 for
demand and at 81 S360@4. 1865 for 60 day bills.
Commercial bills S4.S3A.
Bar silver. 55Ac.
Mexican dollars, 47Ac.
Bonds-Government steady; railroads, irreg-
ular,
The San Francisco call., 1908-03-05
Beans and Seeds

Seed quotations show general revision There
is nothing new in beans.
Beans tper ctl-Bayos, $3@3.15; pea So so
S3.25G3.50 pink, s3,10@325; red, So 50; butter,
$3.50; limas, $4.50@4.70; red kidney So
blackeyes. $3.25Q3.60; horse beans. 81. 25@2 10;
Seeds Brown mustard, S3@3.5O; yellow mus
tard, nominal; faxseed, So, carload lots; canary,
4@4Ac; alfalfa, 16Ac; rape, cleaned, 2Iac;
timothy, nominal; hemp, Al 44&c; millet 2A a
SAc per Id; broom corn seed. $1SQ20 per ton.
Dried Peas-Green are quoted at 81 656r3 and
Niles at $2.25@2.50 per ctl.
The San Francisco call., 1908-03-05
Eastern Livestock Market

CHICAGO. March -Cattle-Receipts, about
10000; market steady. Beeyes, $4,000; cows
and heifers, $1s0@4.30; Texas, s275@4.75;
feeders, $2.75@4 So
Hogs Receipts, about $4,000; market weak.
Light, $420@4.45 mixed. $4 .2594.50; heavies,
$42o@4.5 80; rough, 504.30; pigs S350Q4. so;
bulk of sales. $4.35@4.45.
Sheep-Receipts, about $4,000; market steady
to strong. Natives, S3.25Q5.65; western, S3.30Q
go; yearlings $5@6.25 lambs, $5@6.90; west
erns, $5@6.90.
The San Francisco call., 1908-03-05
Foreign Futures
London Metal Market

LONDON March 4.-There was a sensational
rise in the tin market this afternoon receipt
of the that the Dutch sales for the re-
mainder Of the year probably would be reduced
to about the figures of last year. The bears COW
cred freely, the bulls bought hberally. The
opening price this morning f129 los Prices
then bounded up in a sensa tional manner and
the market closed at f136, an advance of f7 los
over last night.
The San Francisco call., 1908-03-05
Nortbern Business

PORTLAND, March 4.-Clearings, $1.09O,ses;
balances, $2S6. .457
TACOMA, March 4.-Clearings $646, ,293 bal
ances, $31 399
! SEATTLE. March 4.-Clearings, 81, 406, ,629;
balances, $291 III.
SPOKANE, March 4.-Clearings 81, lac, $40;
hal lancps S160 975
The San Francisco call., 1908-03-05
New york Cotton Market

NEW YORK, March 4.-Huttons wire says:
The local market opened steady at to 10
points advance. During the early call shorts
were good buyers, but on the rise the bnli crowd
were good sellers and the market eased of. 1t
was reported that the national ginners' report
was out showing 10. 800, 600 bales, but 1t is not
confirmed There is a good spot demand abroad.
The government report is due on the goth, In
view of the limited outside speculation II looks
like a traders market. New Orleans broke on
rllmors that Price is quietly selling out.
t~r.rrr-r, rA-rrp
The San Francisco call., 1908-03-05
Hay and Eeedstnn.

There was nothing new in bran and other feed
stuffs yesterday. A moderate line came down
from Washington. Conditions in hay were also
unchanged.
Bran-$30Q31.50 per ton
Middlings-S33 @35 per ton
Shorts -S31 d32.50 per ton.
Feedstuns-Rolled barley, S2s.50G30; rolled
oats for feed, $40; mixed feed, S26G27; oilcake
meal. in 20 ton lots S37.50 in 10 ton lots S3s
ton lots $3.50, smaller lots $50; cocoanut cake
or meal at mills, $2T in 10 and $27. so in ton
lots, Jobbing S26; corn meal. s34; cracked corn
$35; broom corn seed. 9Oc4S1 per ctl; alfalfa
meal and mealfalfa, jobbing lots S23, carload
lots S22 per ton.
Hay-Wheat, S12@165 so; wheat and oat, $11@
is; tame oat, $10@l5; volunteer wild oat, 500
IL alfalfa. S9@14; stock. S7.5049.
Straw-60@S5c per bale
The San Francisco call., 1908-03-05
Meat Market

All conditions remained unchanged yesterday
DRESSED MEATS
Slaughterers' rates TO dealers follows.
Beef-7A @Sc per ID for steers. 6A 47I4c for
cows and heIfers.
veal-79S1sc for large and Sa91sc for small.
Mutton-11Ql2c for wethers, 1Ola 911c for
ewes.
Lamb-l2h Gl3ghc per lb; spring lamb, Il
@15c.
Dressed Pork ,per lb)-7H @sc for heavy and
9910c for light.
LIVESTOCK MARKET
The, following quotations for good, sound
livestock. delivered in San Francisco. less so per
cent shrinkage for cattle.
Cattle-Steers. No. 1, Sl5 99c; second quality.
IA 9Sc; third quality Ga @Tc; cows and heifers,
81 QIc for No. L; second quality. 6q613c; third
quality, 5@5hc; thin 39t4c: bulls and stays.
,t4c; thin bulls, 213W31sc-
Calyes-5@5hc per 10 for light. Az @5c for
medium and 4@413c for heavy tgross weight.
Sheep Wethers, 5ls g6c per h. ewes, 5G51sc
(gross weight.
Lambs Yearlngs, 667c per ID.
Hogs-I00 TO $50 lbs. 81 g6c; $50 to 10 lbs.
545Lc; 225 lbs and over. IA 0l5c per ID; bOars
80 per cent, stays 30Q40 per cent and 1O
42O per cent on from Above quotations.
The San Francisco call., 1908-03-05
MISCELLANEOUS MARKETS
Naval stores-Turpentine and Rosin

SAVANNAH, Ga, March A. 4.-Turpentine-Du
49c; receipts, rs; shipments. $40.
Rosin-Firm. Sales, 1888; shipments, $40;
stock, TO- 1856 Quotations; A. B.. c. $3.50; d,
So. 40; e, So. .42a; f. S3.45; G, $3.4715G3 so;
H, $3.55; /, s3.I5; K, $4.95; NJ, $500; N, s5.65;
VIC. $500; WW,I Sc.
The San Francisco call., 1908-03-05
st. Louis Wool Market

ST. LOUIS, March 4-Market. dull. Medium
grades combing and clothing. 201a @221ac; light
fine, 1902lc; heavy fine, 15@lS1sc; tub washed,
26M3Sc.
The San Francisco call., 1908-03-05
Northern Wheat Market

OREGON
PORTLAND, March 4.-Wheat-Club, s3c;
bluestem, S5c; valley. s3c: red, Sic
WASHINGTON
TACOMA March A. Wheat = Unchanged.
Prices by exporters: Bluestem, sac; club, SEE;
red. soc.
The San Francisco call., 1908-03-05
butter. cheese and EGGS

CHICAGO, March 4.-On the produce exchange
today the butter market easy. Creameries,
23@30c; dairies 20@2sc. Eggs, firm; at mark,
cases included, 1s@1S13c; frsts l9c; prime
nrsts, 2Oc; extras, pc. Cheese, easy, l212 &c.
The San Francisco call., 1908-03-05
FUTURES
1870 a. m Session
December 81 o94 bid. s1.1O asked.
Up. m. Session

May-S1.3S
December 81 o9H bid, s11o asked.
Up. m. Session
May naS.-.s.. f ss5y 81 ss% 81 .sS,5 s1ss3s
Oats-There was no further change in quota
tions yesterday The market continued dull,
attention.
Good to choice red. for seed. S1.65@1.75; for
Iced $l.40q1.5 .55 white, 1.4215 Q1.6O;s gray,
81. AZ y a 80 per sctl.
Corn.Western descriptions are quoted some
what higher, though the market here continues
very dull A private wire from Chicago yester-
day said: All advices agree that there are no
elevator stocks in the country and that when Of
ferings by farmers let up the movement will be
at an end. private estimate gives corn re-
els"
California small round yellow, nominal; large
yellow, Sl.65; white, nominal; western states
yellow. sacked $1.60G1. .65; in bulk San Fran
cisco track, 81 .54 white. s154: mixed, 81 81;
white Egyptian, S1.60@l70; brown Egyptian.
$1.3I1a @1.42H per ctl
Rye-California, $l-471a0 al. .5215 per ctl
The San Francisco call., 1908-03-05
Boston Stocks and Bonds
THE COPPER STOCKS

BOSTON March AFTER a small rally this
morning stocks became weak all around. Cop
pers were especially so account of the re-
ductlon in the Calumet and Hecla dividend.
which unfayorably received. Most of the
selling came from shorts, however, and toward
the close when they tried TO cover, they found
stocks scarce as ever. The Hepburn bin
lost its effect today. on calm consideration
people decided II too silly TO be even
thought Of.
The Calumet and Hecla dividend is a quar-
terly OF So payable March 81. holders Of
record March >. Previous dividends were $40
bull tip is circulating on Great Northern
Ore. with the report Of an extra dividend for
the srOck
Rio Tintos are weak in London today. having
decline Of 11k per cent. There Is less bull en-
thusiasm in London coppers than here.
The San Francisco call., 1908-03-05

/ clover. contract grades. $3.50. Short ribs, sides
| loose), s5.s71a @6.50 mess pork per barrel.
$ll l.50@ II. 621a; lard, per 100 lbs, S!45; short
clear sides (boxed). S6.50@6.75 Whisky, basis
\ of high wines 81 35
The San Francisco call., 1908-03-05
Loans. Exchanges and silver

LOCAL
Prime mercantile paper 6Q7 per cent
Loans real estate GAS per cent
Sterling exchange, 60 days.. --Q4 .S3%
Sterling exchange, sight. t..-..... -q4sI
Sterling exchange, cables--..-- -@4.SS
New York exchange, sight q 02h
New York exchange, telegraphic "a 05
Hongkong exchange, sight. ...,. q 46
Hongkong exchange, telegraphic q asa
Silver, per ounce e............ @ 55K
Mexican dollars, nominal. q "a
CONTINENTAL
New York on Paris ......-...... 511h
New York on Mexico. 201 "a
San Francisco Mexico. 80
Paris on London Observation-Disclosures. %.
Berlin London. Observation-Disclosures. 20. .4IK
The San Francisco call., 1908-03-05
Provisions


The only news Of note yesterday was con.
tanned in the following brokers' wire from Chi
cago
There was large run Of hogs today. Pack
ers were sellers of the product right at the
opening, causing decline in all products Some
orders to sell at the close gave the market a
show of heaviness when prices sold 1la922 iae
lower for the day
Cured Meats-Bacon. 121ac per Ib for heavy,
121ac for light medium. l5e Tor light. 16c for
extra light and ISL 9lVc for sugar cured; extra
light sugar cured 2O@2lc; dry salted sides. 13c;
bellies, lac; eastern sugar cured hams. 131aC
for heavy and 14c for light; California hams.
13@13he; mess beef. $40 per bbl; extra mess.
$11 family, ST. prime mess pork, $3.50; extra
clear, $40 so; mess. 5000; pig pork. $24; pigs
feet, SASS for half bbls. SIS for 25 10 kegs
and $1.30 for kits; smoked beef, 1Sc per ID.
LaId-Tierces quoted at Sc for California com
pound, 99915c for eastern compound and 1Ohe
for pure; half bbls, pure, 10l5c: 80 lb tins.
104zc; 10 lb tins, 11e lb tins II sc; ID tins.
uAc
Cottolene-One' half bbl 10c; three half bbls.
91sc; one tierce. 9%e; two tierces, Csc; i've
tierces, 912c.
The San Francisco call., 1908-03-05
New York stock List

z. F. Hutton a Co., $50 California street.
members Of the New York stock exchange. fur
nish the following list Of bond and stock sales
yesterday:
The San Francisco call., 1908-03-05
Condition of the Treasury

WASHINGTON, March 4-Today's statemen
Of the trasury balances shows: Available casl
balance, s269, ,5S1 ,694; gold coin and bullion
The San Francisco call., 1908-03-05
London Closing stocks

Bar slIver-Quiet; p I'd per ounce.
Money-21s @2A per cent.
The rate of discount in the open market for
short bills is 3-16@S1z per cent and for three
months bills 8 1-16G3 3-16 per cent.
The San Francisco call., 1908-03-05
Butter, Cheese and Eggs

Although the consumptive demand for eggs
showed quite an increase with the opening of
the Lenten season, supplies continued to come
forward faster than they could be sold and the
market remained weak in the street, although
officially described firm on the exchange. There
was another general decline in prices, all grades
being marked down 1ac dozen, the new quota
tions ranging from l41ac to Ice. As usual, there
was quite surplus on hand at the close
Business in butter continued quiet local
account and with stocks liberal the market was
rather weak than otherwise Prices up
held. however, as it was expected that there
would be some orders received for shipment on
the regular Puget sound steamer sailing tomor-
would purchase at the current quotations, re-
ceiyers naturally ayerse to forcing the
IN fancy NEW ats which we're %
lower on a sale at 115ac pound
The following sales were made on the ex-
Eggs-Ten cases of extras at 17c, 80 at 161sc.
40 at Ice and 20 cases of thirds at 1415c a
Cheese-25 fancy new California fats at IL &c
pound
Receipts were 24,6oo lbs butter, 1000 lbs
The following official quotations estab-
lshed by sales, bids and offers the floor of
governed by the exchange quotations generally
range from &c to &c higher, owing to the vari-
Gus charges to be added:
firm; do frsts. 2616c, frm; do seconds, 23c, frm
California storage extras, 25c weak; do irsts.
23c, weak do seconds, 22c weak: eastern stor-
age weak at 24Ae for extras. 22c for irsts and
2lc for seconds eastern storage. ladies, firm at
zoe for extras and 19c for frsts.
Cheese-Fancy California new fats, 1115c per
lb steady; do frsts, lie. steady; do seconds.
10c steady fancy new Young Americas, 13c
firm; do firsts, 12c. firm; fancy New York stor-
age 171ac weak; Oregon do 12i5c, firm
Eggs-California fresh extras, 16c per dozen,
firm: do firsts, 15l1c, firm; do seconds, I5c
firm; do. thirds, 141ac, firm.
Decfduous and Citrus Fruits
New arrivals of oranges were limited to two
cars yesterday, and stocks continued to move
of well under fair average demand. but sup
plies were still far in excess of current re-
uuirements and the market was Just top
heavy at the close at the opening. Sorting
and repacking were still necessary to prevent
heavy losses by spelling. There was continued
dullness in the lemon market while tangerines
seedless grapefruit and sound lots of Mexican
lines sold well at the old quotations Apples
were generally weak, with only newly arrived
Oregon stock meeting with any demand There
were nearly 200 half-crates or strawberries re-
ceiycd from Los Angeles yesterday and late on
Monday. The crates contained 10 small baskets
crate, the increased supplies being more than
the market could readily absorb.
Apples (per box)-Fancy, S1.25@1.7 75; common
to choice. 60c@$1-
Citrus Fruits (per box)-Navel oranges, $1-75
az for fancy and S1.25@1.60 for standard and
choice; tangerines, S125@1 so; lemons. s2@2 so
for fancy, $1.50@2 for choice and 75c0s1.25 for
standard; grapefruit 2.50@3 for seedess and
@1.25 for common; lines (repacked), $497
Tropical Fruits-Bananas, 75cQ$l.75 per
The San Francisco call., 1908-03-05
CnIIfnrnIn Sfnck and ON Exchnnge
OFFICIAL SALES
Mining stocks
TOCK EXCHANGE

SAN FRANCISCO STOCK EXCHANGE
Following were the sales on the San Fran
cisco stock and exchange board yesterday.
CoNSTOQES
The San Francisco call., 1908-03-05
The leading futures ranged as follows:
Articles Open. High. Low. I
Cash Grain and Provisions

CHICAGO. March 4.-Cash quotations were as
follows: Flour, firm. No 2 spring wheat 81. 10
Q1.15: No. 8. S1Ql13; No. 2 red, 9Sc@$1 .01 II
No. 2 corn, 60@6lc No 2 yellow. 62@63c No
oats, 52as Q53c; No. white, 53lz @54c; No. 3
white. 81 1G5Sc. No. 2 rye, S3c. Fair to choice
daxseed, sl.lsh; prime timothy seed, SASS;
The San Francisco call., 1908-03-05

Drfed Fruits, HAIsfns, Nuts And HONEY
Fruits-Apricots. s16920c; evaporated apples
61s s4S15c; pears. SI4Q11e; peaches. 9910i2c;
figs S@315c for white and %. n3e for black
prunes. size basis 81 G3&c per ID
Rafsins II. o. b. Fresnol-2 crown. 414ci
crown. 4lae; crown, 4stc; seeded, 81 q
6Ac; seedless sultanas. IA Q415c; S1.2091.3i
for London layers and $1.50 a. for clusters
Nuts-Almonds -Nonpareils 1872 4141c; x
L, 13914c; ne plus ultra, t213Ql3c; brakes,
11Q1115c; Languedoes 10c; hsrdshells. "a lse-
Walnuts-13c per ID for No l softshel and 1Oc
for No do; u 13c for No. I hardshell and 91ae
for No do; Italian chestnuts, 10912l2e per H.
Honey-Water white. comb, 16917c; white,
15c; water white, extracted. S@S12c; light am
Der, ,7g715c; dark amber and candted, 514 95%e
per ID.
The San Francisco call., 1908-03-05
The Calls Page Of Commercial News
Dried Fruits, Raisins, Nuts and Hone

bunch for Hawaiian and 50 5o@S5O for Central
American; pineapples, S2G3 per Dozen
The San Francisco call., 1908-03-05
THE STOCK MARKET
All Classes of Stocks Quiet and Weak
Locnl Securities Neglected

Yesterday was one OF the dullest days yet on
shares. There were variations worthy OF
note
Mining stocks also were uninteresting. Several
of the leading Comstocks, such as Ophir. Mexi-
can and Union. were fairly dealt in. but the
general list was quiet. The southern Neyadas
showed pronounced change the day. though
most of the prominent TOnopahs and Goldfeids
were somewhat lower than Tuesday
The Paso Robles Springs hotel corporation has
levied an assessment Of $40 per share. delinquent
April g.
The Overman mining company has levied an
assessment of sc per share.
The San Francisco call., 1908-03-05

common to fair, 81 1256l1 so per ctl; brewing,
nominal; shipping, $1.35@1.4 40; chevalier, nom
no
The San Francisco call., 1908-03-05
STOCK AND BOND ExcHANGE

WEDNESDAY. March 4-1o:sO a. m.
UNITED STATES BONDS
Bid. Ask Bid Ask
As or CD new 11915 1211sl3s or coup. 100A 101 4
MISCELLANEOUS BONDS
Ala w 5s. 10 Tran Cn IS - 100
The San Francisco call., 1908-03-05
COPPER CLOSE

The following list is furnished by E. +. Hut
ton Co., 49o California street, San Fran
The San Francisco call., 1908-03-05
CLOSING QUOTATIONS.
CATIFORNIA
NEVADA

Bid.Ask. Bid Ash
ArE0nsut, ,,;,i = S-oocent Eureka Os
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1908-06-04
LIABILITY Of
THE RAILWAYS

Washington. June st is expected
that a decision rendered today by the
interstate commerce commission in the
matter of released rates will tend TO
the elimination of much troublesome
controversy and make for uniformity
in railroad practice. The opinion hand
ed down by Commissioner Lane states
these conclusions:
If a rate is conditioned upon a ship
per assuming the risk of loss due to
causes beyond the carriers control, the
condition is valid. If a rate is condi-
toned upon the shipper assuming the
entire risk, the condition is void as
against loss due TO the carriers negli-
gence or other misconduct if the speci-
fed amount does not purport to be an
agreed valuation, but has been fixed ar
bitrarily by the carrier without refer
ence TO the real values, or if the pur-
ported agreed valuation is in fact pure
ly fictitious and represents an attempt
to limit the carriers liability to an ar
bitrary amount.
"A scale of charges applicable to a
specified commodity and graduated rea-
sOnably according TO value must be in
good faith, regard being had to the
actual value of the property offered for
| shipment. A carrier must not make
4 use Ol us released rates dS means OF
escaping liability for the consequence
| of its negligence.
1T is a mischievous practice for car
riers to publish in their tariffs ana on
( their bills of lading rules and regula-
/ tons which are misleading, unreasOn-
able or incapable of legal enforcement
/ in court of law, and a stipulation that
an additional charge Of 20 per cent shall
/ be collected on property that is shipped
not subject to limited liability is unrea-
sonable"