davidaulloa/AmericanStories huggingface dataset:
The San Francisco call., 1909-10-10
Weekly Clearing House Statement

NEW YORK. Oct. 9.-The statement of clear
ing house banks for the week shows that the
banks hold 4.547 $50 more than the require
ments of the % per cent reserve rule. This is
a decrease Of $143, ,925 in the proportionate cash
reserve compared with last week. The state
ment follows:
Loans 81. .273 o33 200, decrease s36, ,673 900; de-
posits 81 27S. 400. 200 decrease SO 004 200; cir
culation S51 500 200 increase $44 900: legal ten
ders S6S Alb 600. decrease S709, ,000 specie $685.
534 700 decrease $11 est. .000 reserve 1924. 14a
300 decrease 81. .695 600: reserve required S319
500 600 decrease $12. .251 .075: surplus 81 547
750 decrease SAB, ,925; ex United States deposits
81 $50. .i25. decrease $135. 500
The percentage of actual reserve of the
clearing house banks today 25.59
The statement of banks and trust companies
Of greater New York not reporting to the clear
ing house shows that these institutions have
aggregate deposits Of $1.347 .426 600: total cash
on hand s154.247. 900, and loans amounting to
81. .246. .342. 700.
The Financier will say: "As was expected,
last weeks bank statement favorable.
This condition resulted chiefly from extensive
liquidation Of loans. The contraction therein.
according TO the statement of average conditions,
nearly $36. .750. 900
The statement of actual conditions Saturday.
however. showed a reduction Of $40. .414, 100.
The actual cash decrease $7.503. 100 and
this sum nearly corresponded with the estimated
loss of 81, 100000. Because of the contraction
in loans and fhe above noted loss of each.
deposits fell off $50. 500 600. thus reducing the
amount Of reserve required. so that the surplus
was increased $5.615.2T5 10 81 .246 500.
The contraction in bank loans seemed to
The San Francisco call., 1909-10-10
HAY and Feedstnf.

All descriptions remain unchanged. The cir
cular of Scott. Magner & Miller says:
Arrivals Of hay in San Francisco for the
week ending today have been $500 tons. This
shows somewhat less than we have been re-
ceiving for the last few months. However. IL is
a large amount. comparatively. TO handle here
at this time account of the market having
that have been rushed in here during the last
few weeks.
that was piled in the fields and somewhat OF
this hay has been shipped in to San Francisco.
and has been handled with considerable difhculty
and dissatisfaction. There Is not much horse
hav left In the fields. and we expect to be en-
tirely cleaned up very shortly. They have al
ready begun TO draw on the warehouses and
barns in the country to supply our markets with
the better types and no changes in prices have
been oceasioncd by so doing Hay from the
warehouses is being sold here at practically the
same prices that have prevailed while the hay
was coming from tie fields, and the additional
shippers. There is a feeling of dullness through
out the entire market and the current demand is
decidedly less than Il has been.
'Our ray OF hope that has been expected
to relieve the situation on hay and which was
depended upon to help the market for the entire
season was the government contract for 10000
tons for shipment to the Philippines islands.
September 10. have just been acted upon By the
quartermasters department at Washington. and
they have placed the entire order for shipment
of this 900 tons of hay from Seattle This has
proved a severe disappointment to the merchants
in hay and a great loss in every way to the pro-
ducers and handlers OF this commodity. as well
as to the commercial interests OF California.
Arrivals of alfalfa hay have been heavier.
the demand is very moderate and prices are
somewhat easier. Damaged alfalfa hay will
prove a heavy drag the market and difficult
to dispose Of at satisfactory figures. Conditions
in straw remain just about they have been :"
Bran-S29G30 per ton for white and S2S.5O4
20 for red
NEUTRALITY-SUSPICIOUS. so per ton.
Shorts-$3I. .50633 per ton.
Feedstuffs- barley S2o6l30; rolled oats
for feed S3763S; mixed feed, s2S632 for aver
age lots; oilcake meal in 20 ton lots $50, so. In
10 ton lots $40. in ton lots $4,000. small lots
Sal: cocoanut cake or meal at mills. $25 in 20
and 10 and $3.50 in 5 lots: jobbing, s26;
corn meal. S3S639: cracked corn. $39@40: al
falfa meal and mealfalfa. jobbing lets $24. car
load lots $23 per ton; red star alfalfa meal. SD
for caroad and $23 for jobbing lots.
|. Hav-Fancy wheat Is quotable at $50 and
fancy oat 1T SIS. The bulk of the hay COM
ing in sells follows: Wheat. Si5617: wheat
! and Oat S14616: tame oat. S13015; volunteer
Wild oat. $l0G12: barley. $1oGl2; alfalfa. S99
II: stock hay $7610 per ton.
Straw-506T0c per bale.
The San Francisco call., 1909-10-10
Butter, Cheese and Erra

The arrival of a steamer from Humboldt with
a large manifest caused feeling of easiness
among several butter handlers and some receivers
started a small selling movement on the ex-
change, which resulted in extras declining 1c to
a quotation of sec a pound. The market ruled
steady at the decline, buying local and slI-
burban accounts being brisk Eggs closed the
week very firm with extras 1c higher at J3c a
dozen. The market retained all the frmness
noted frequently of late and arrivals of ton
quality goods continued to pass out of first hands
as fast as received There nothing new in
cheese.
Sales the exchange were as follows:
Butter-20 eases of extras at SIC, 10 at SO lac
and 10 at 36c pound.
Eggs-25 cases of extras at 53c a dozen.
Cheese-25 fancy California flats at 16c a
pound
pounds of cheese and S27 cases of eggs.
Iished by the sales, bids and offers on the
floor Of the dairy exchange Prices In the
street while governed by the exchange quota
tions. generally range from 11Hc to &c higher.
owing to the various charges TO be added
Butter-Fresh creamery extras. 36c per Id.
steady; do trsts Bic. steady; do seconds, 2S &c.
steady; California storage extras. 30c. firm
Cheese-California fancy flats, 16c per ID
steady; do frsts. II &c, steady; do seconds. 14c
steady; fancy Young Americas. lie, firm: dc
frsts. Ice, firm; fancy Oregon Young Americas
lie. firm; do fats, Ice, firm; New York fancy
1Siac. firm,
Eggs (per dozen. cases incmded) California
fresh extras, 53e, steady; do irsts, 46c steady;
do seconds SOC. steady; do thirds. 24e. steady.
California storage extras. Sic. steady.
The San Francisco call., 1909-10-10
GRAIN MARKET
wheat and other Grains


Wheat-Chicago stood about the same. The
San Francisco market was also unchanged,
with cash wheat very steady.
Bromhal cables that firm American markets,
fear of manipulation, higher Manitoba offers
and the counteracting influence OF heavy Rus
sian shipments were the features in the Liver
pool market.
CASH WHEAT
California club, S170@175; Sonora, $1.S0@
1.90; white Australian, $1.S21a al. .925a
Northern wheat-Club. S1.60@ 90; Russian
red, 81. Goa .6212 turkey red, Sl.I212 @11712;
bluestem, $1.S0@I. S2A per ctl.
FUTURES
1o:30 a. M. Session
No sales
Barley-No sales of cash grain were reported
yesterday and the quotat tions remain as before.
CASH BARLEY
Good to choice feed. spot, S1.3715 g1.40; com
mon to fair, $1.30@1.32A per ctl; brewing,
81 421a; shipping, S1.421a.
FUTURES
10:30 a. Session
No sales.
Oats-Remain unchanged. feed being weak
and dull and seed firm and in demand
Reds for feed, $I.60@1.70 for good to choice
and $1.500lI.60 for poor to fair; reds for seed,
$1.90@2.10; black, 81. 35@2.70 asked; gray,
nominal at 81 .551l60; white, 81 .53d1 80;
Texas red in bulk S2.03. in sacks S2.1o@2.l 10
per GENITAL.
Corn-Small round yellow S1.7o@175; white.
81 al. 80; large yellow, $1.75; western states
yellow In bulk San Francisco track, $1.6S;
white. 1.73; mixed. SO per ctl.
Rye-Western states. SIS per cti; California.
$1.S0M1.S5.
The San Francisco call., 1909-10-10
General NIerchandise

Bags-Grain bags. 5E@5Ac: San Quenti7
hags. 5Ae: wool bags. 32e for 81 ID and S5c FOR
ID: fleece twine. SC per b.
Coal-Beaver Hill. 81; Pennsylvania anthracite
egg. SIG per tom Wellington. 50; New Wellng
ton. 80; Coos bay. 81: Australian house-Rick-
mOnd etc. 50; Pelaw Main. $3.50; STANFORD
Richmond. IS: Cumberland. SIS IN bulk and
$165O in sacks: Welsh anthracite. SIS: coke. sic
per ton in bulk and SIT in sacks; Rocky noun
tain coal. IS. 65 per short ton.
Oils-Q Quota tions are for barrels: .inseed- 69c
per gallon for boiled and 67c for raw; cases &c
more; castor oil In cases. No. 1. tic: Bakers
AA. S1.13ft1 II: China nut. cases, tOdISOc pei
gallon: cocoanut oil. in barrels 65@6Siac fol-
xxx. G21.. a Soc for No 1 and 6nFf63lac for No.
Q according 10 quantity; extra hle1ched winter
sperm oil. 9fc natural winter sperm oil 9ic:
natural whale oil. zoe; extra winter strained
lard oil. 9Jf196c: pure nsatsfoos oil. I5c: No.
neatsfoot oil. 6Oc; herring oil. iGr salmon oil.
35c boiled fish oil. 35c; paint oil. 3Jc
Coal Oil. Gasoline. ete--Water white iroH
barrels or drums Zoe: $50 deg OIL iron barrels
drums. 1115c; special do. 12c: pearl oil. In
cases Tic: astral. 17c; star tic; extra star zoe;
Elaine. 26 1sc: eocene zoe: red crown and motor
ga~oline, in bulk 1Jc, in cases pc; No. / engine
The San Francisco call., 1909-10-10
New York Produce

NEW YORK. Oct. 9.-HOps-Firm; state.
common 10 choice. 1909, 32d3Sc; 1905. 16d PIE:
Pacific coast 1909. 25G3Oc; 1905, 17021c.
Hides-Firm; BOgOta, 2O921c; Central Amer
lea. pic.
Butter-Steady and unchanged.
Cheese-Stesdy and unchanged.
EggS-Steady and unchanged.
WOOl-Steady; domestic fleece. 36d37c-
PetrOleum-Steady: refined. New York. SIS. %
Philadelphia and Baltimore, $50; do in bulk.
S47O
sugar-Raw frm: fair refining. 3.731s as. .75c:
centrifugal. 90 test 4-231a "A. 25c; molssses
4 Soc; No. Z. 4.6Oc; No. s, 4-55c; No 9, 4-50c.
No. 10. 4.45c; No H. 4.40cs No 12. 4.S5c; No.
13. 4.3Gc; No. IA, 4.30c: cOnfectiOners' A. 495cs
mold A. j.50c; cut loaf. 5.95c; crushed. 5.S5c;
COfee-Futures-Ha -Hayre closed unchanged TO
"a higher. with sales Of 10000 bags. and Ham
burg closed 4 lower. with sales OF 50 600 bags.
Rio frm and 200 reis higher at 5.5Oc. with
santos steady and unchanged Receipts OF the
day at primary points were ZOO bags against
10000 a year ago. with Sac Paulo 9l-OOO COM
pared with %. 600. and Jundiahy 1900. against
500. SPOT closed firm at - q l4c for Rio
and sac for Santos fours- Mild conee quiet and
firm on the basis OF 9G111ac for CordOva.
DRIED FRUITS
EvapOrated Apples-Quiet and steady; fancy.
1Ol5 n lie; choice. 9d913c; prime, Sl2d sac;
Prunes-A continued strong feelin gexists with
quotations unchanged CALIFORNIA; up TO 4O-5Os
are quoted at "a 9Tc; OregOns, 699c
ApricOtS-Prices are very hrm. with consider
able business reported at full prices; choice, 11G
11Ae; extra choice, 111a@u&e; fancy. la
Peaches-While BUYERS are holding OF. prIceN
are verv firm: choice, Ad513c; extra ehOiCT
5A d6c; fancy. 5l7@5%c.
Raisns-Remain inactive and quiet; loose mus
catel are quoted at So Q41ae; choice TO fancy
5@6Ac; seedless, 3& 05%c; London layers,
s1.2OGl.a5.
The San Francisco call., 1909-10-10
FIour and Farinaceous Goods

Flour-Caifornia family extras, $6.2096.60 mel
without discount bakers extras, $6.2066. go
superfine, S5.10Q530; Oregon and Washington.
per Dbl. $5.30d55O for family. bakers and pat
ents and $3.50 for cut OF; Kansas patents. S6-25
G650; do straights, $500 $3.50: Dakota patents,
81. 80; do straights. $3.50 per Dbl.
Farnaceous Goods-Prfces in 100 Ib sacks. net
cash, no discount, are follows: Graham -four.
So per 109 lbs rye -four. S so; rye meal So 90;
s.. 20; oat meal. 81; oat groats. 81; farina. 81
hominy. $3.50: buckwheat flour. 81. go; whole
sacks $4G6.50; extra cream do, 81 in sacks and
$3.50 in barrels; rolled wheat. bbls 81 So. IN
sacks So 75G4; pearl barley. $4.75: split peas.
boxes. $5 for yellow and $500 for green per 100
pounds
The San Francisco call., 1909-10-10
PouItrx and Game

Business in poultry was practically at a stand
still yesterday and the general tone Of the mar
ket was one of easiness, with receivers iLelired
Game continued to arrive in bad order. owing
to the sultry weather, and prices for wild ducks
were low and irregular.
Poultry (per dozenl-Hens, S4.50@5 for small,
$65097 for large and Ss@10 for extras; young
roOsters, $76l7. so; do extra large. $S410; old
ROSTERS, $3.50; flyers, S5.5O96.5O; broilers,
4.50@5 for large and $3G4 for small; ducks
S5Qs; pigeons. 81 .25; squads. $3.50; geese. S2g
$50 per pair; goSlings, per pair; live tur
keys. 24Q26c per ID for young and 1Sg21c fOG
old.
Game (per dozen)-1IaIIard ducks. S3d5; sprig
S2M3: teal S1.5042.50; widgeon, Sl-jOd2.5O;
spoonbils, S1.50@2; gray geese, $3.50; hare,
$1.TjM2; rabbits, 81. 25M2. 30.
The San Francisco call., 1909-10-10
LOCAL MARKETS
Provisions

Cottolene-One half Dbl. 11%c; half bbls,
1850; l terce, 1112c; tierees, 11%c; 3
tierces, 11Ac.
The Western meat company quotes as follows:
Hams, 1S9l9c; picnic hams. lie; California
10 lbs. 221ac 10 to II lbs, 2215c fancy sugar
cured bacon, 1ac; Arrow bacon. to lbs,
2215c; s to 10 lbs, 2112c; 10 to u lbs, 211bc:
light dry salt bacon, to 10 lbs, 1S1hc; 10 to
II lbs, 1se; medium bacon, lie; light medium
bacon, lie.
Lard-Tierces 15c, SOS 15Hc los 15%c. as
15Ise, IS I6c; compound lard tierces Sc sos
94c, los 9a4c, 5s 97sc. 3s 10c; yellow cooking
oil, 5sc per gal; white cooking oil. 60c per gal;
salad oil, 62c per gal.
Beef-Local prices quoted. Export lots,
inspected by the government, are 81 per bbl
family beef. S12 per bbl; extra mess beef, $11.50
per bbl smoked beef, 1Ac per lb.
Pork-Extra prime in barrels $25 clear, $26
mess, S25; pig pork, $50; pigs feet So for half
bbls, 1925 for % ID kegs and $1.30 for kits.
The San Francisco call., 1909-10-10
Oil Stocks Advance

Increased activity in all OF the bet
ter class of listed California oil stocks
is quite noticeable Illinois Crude
was most active during the past week
in than in any other security.
The stock advanced during the past
four weeks from 20 TO 40 cents and IL
is freely predicted will continue to ad-
vance rapidly during the next few
days
A strong local financial concern is
back Of the movement in Illinois Crude
and they predict soc for the stock
within 80 days.
The company has already produced
over a million barrels of oil and is
managed by Tim Spellacy and Harry
Thomas, well known old time oil men.
The San Francisco call., 1909-10-10
New York Grain Market

NEW YORK. Oct 9.-Flour-Receipts, %. 732
barrels; exports, S.420 barrels; market quiet
but very firm. Minnesota patents, $5.20q550;
winter straishts, S5@5.20; Minnesota bakers.
81 440M4.65; iwnter extras, $4.20d4 90; winter
patents S5.101550 winter low grades, S4106s
4.50 Kansas straights, S4.90G5.5O.
Wheat-Receipts, 140,200 bushels; exports.
900, 721 bushels spot steady. No. red. $1140
Is elevator and nominal f. o. b. ahoat; No l
northern Duluth. Sill nominal f. o. b. adoat;
No. . hard winter $1.17 nominal +. o. b. ahoat.
After easier opening, due to large north
west receipts and big world shipments. wheat
rallied on bull support, but again depressed
toward noon by local bear pressure. finally re-
covering on big clearances. Last prices net
unchanged. December, $1O914 a 1.O99s. closed AT
81 1.093s. MAY, S1.1OM11 10 7-16. closed at 1.1O4s
The San Francisco call., 1909-10-10
Deciduous and Citrus Fruits

The usual weekend activity in the fruit mar
ket was enhanced by the warm weather which
stimulated the demand for several descriptions,
notably grapes, citrus goods aud melons, and
prices for top quality offerings were little
steadier than the preceding day. The market
was still Overstocked with poor table grapes and
there several large lots of soft nutmeg
all. Figs in limited supply and higher and
the market for fancy apples remained firm at the
old quotations. while trashy stock was in bur
densome supply and hard to move Peaches
were. still In evidence and brought good prices.
when choice The extra demand for Sunday
wants caused a steadier market for strawberries
and raspberrieS. PersimmOns appeared from
Sanger in Fresno county and sold at $1Q1.25 a
box.
Strawberries per chest.
OBSERVATION-DISCLOSURES per chest.
Cranberries-$9. 506110 per barrel.
Huckleberries-9M11c per h.
Apples-$10I5O 80 per box for fancy. 15N9Oc
for choice and 4O@65e for common
PeaTs-Winter Nellis, Sf91.25 per box other
varieties 50c@$1 per box
Quinces-JGH75e per box
Peaches-600lS5c per box.
Figs-s1@1.50 per box
Melons-Nutmeg melons. 5OdS5e per box Tor
choice; watermeIons, S4G1O per 100.
POmegranates-504TJ for small and $1.5OaB
1.S5 for large boxes.
boxes, 50c0Sl2J; Zinfandel wine grapes, S12g
IS per ton.
Citrus Fruit (per box)-valencia oranges. S26
3; grapefruit 81. 2.5OG3 for seedless; lem
ons. $44450 for fancy. $3d3.5O for choice and
81 .5O02. so for standard; lines. S6G6oO.
Tropical Fruits-Bananas, 15cd$1.Io per bunch
for Hawaiian and 81. .50@3.50 FOR Central Amer
lean; pineapples, S29S per dozen.
The San Francisco call., 1909-10-10
Cash Grain and Provisions

CHICAGO. Oct Cash quotations were as
follows: Flour firm; winter patents, 50 1O1
$40; straights. $4.65d510; spring straights,
S4.5Oq475; bakers, $320@5. No. rye, 72G
73c Feed mixing barley, 4SM50c; fair to
choice mailing, 54G61c. Flaxseed-No. l south
western, $1.37: No. L northwestern, 81. Al. Tim
othy seed, So. 6Od3.7 75. Clover $3.50. Mess pork,
per bbl, $24 Lard. per 100 lbs, $12- %. Short
ribs, sides (loose), 11.20M 11.45; short clear
sides (boxed), $12m1225.
GRAIN STATISTICS
Total clearances of wheat and flour were equal
TO 594 0G0 bushels; primary receipts, 1,6s600t
bushels, compared with 1.670,0OD bushels the cor
responding day a year ago. Estimated receipts
for MOnday-Wheat 16 cars; corn, 225 cars,
oats, 159 cars; hogs. 1s 600 head
DAILY MOVEMENT OF PRODUCE
The San Francisco call., 1909-10-10
Meat Market


Slaughterers' rates to dealers and butchers
follows
Beef-61a al 1ac per lb for steers, 81 G6 &c
for and heifers-
veal-7140 ace for large and 9@1015 for small.
Mutton-Wethers, S@9c; ewes, 71a 9Sc per lb.
Lamb-915 @101ac per Il.
Dressed Pork (per lb) 11@11@c for light and
9@91ac for heavy.
LIVESTOCK MARKET
The following quotations for good sound
livestock, delivered in San Francisco. gross
weight:
No. 1 fat steers. over 900 lbs. alive. "A a
415c; under 300 lbs. 4c; second quality, 3%c;
thin and undesirable steers. 313Ae.
NO. ! cows and heifers, SIS G3hc; second
quality. &c; common, thin undesirable cows,
2@2hc.
Fat bulls and stays, 1sl @2c; half fat OF thin
bulls. 1 &c.
.Calves-Lght weight, per lb. 5Aci medium,
4%c; heavy. 4@4Ac.
Sheep (per lb)-wethers. No. l. 4k@4Ac;
ewes; sn,Ss SAe, eaor ny 7h,. .u,, I'm. r,1
@51ac.
Hogs (ter lb)-Hard grain fed weighing 100
to lao lbs, CSC; 40 to $50 lbs, 7Hc; $50 TO $50
lbs, 6&c; common, undesirable hogs, Az 95c.
The San Francisco call., 1909-10-10
Foreign Futures
CHICAGO BOARD OF TRADE
Future Grain and Provisions

CHICAGO Oct. 9.--Wheat trading was quiet
and news was generally bearish. Foreign mar
kets failed to respond to the upturn here yester-
day because of Il revised estimate on the total
worlds shipments for the week given out
by leading European crop statisticlan, which
placed the amount at 1910, 600 bushels. De-
market closed easy with December at SLOTS q
1.02
Yesterdays late corn bulge prompted con-
siderable selling. the bulk being profit taking.
The market closed weak &c to sc lower.
|. Oats showed relative ilTnness and closed
steady with prices unchanged to a lower.
Provisions were firm closing &c lower to 71ae
higher.
The board of trade will be closed Tuesday
columbus day).
The leading futures ranged follows:
Articles Open. High. Low Close.
Wheat
December =. Zoe 1.oaA 1.ols4 1.o2
The San Francisco call., 1909-10-10

SUMMARY OF
THE MARKETS

Wall street stocks and coppers irregular.
Spot and future cotton higher
Comstock shares continue to advance.
Exchange and silver unchanged.
Wheat and other grains quiet
Hay and beans as before quoted.
Live, dressed and cured meats unchanged.
Butter lower. Eggs higher. Cheese un-
changed.
Vegetables in large supply.
Potatoes and onions unchanged.
Warm weather increases demand for fruit.
Three cars of poultry due today.
Game still in poor condition.
Bank clearings gain "a per cent over 1908
Tuesday legal holiday
The San Francisco call., 1909-10-10
Rean. nnd Seeds

Pink beans are firm and large whites weak.
Prices remain unchanged.
nominal; small white, $4Q4.25; large white.
S3.15d3.3j; pink. $5.1503.30; red. nominal:
blackeye. $3.T5d3.90; lima, $464.1O; red kid
neys, $3.6jd 3.S5; cranberry beans, So. .25 $3.50;
Garvanzas, $260d3; horse beans, $1.5Od2-25-
Secds-BrOWn mustard. 4641ac; yellow mus
tard SIC; faxseed 4Q41ac, carload lots; canary
4Ac; alfalfa, 16l2 d1Tc; rape. cleaned. 2G2hc,
timothy, &c; hemp, 3la@3%4c; millet, "a 93c
prIed Peas-Green. ssas.s5 per ctL
The San Francisco call., 1909-10-10
SHOW
CONTRACTION

NEW YORK, Oct 9.-The Saturday
trading in stocks proved to be the quletest
of the week. There was some evening up
Of accounts and not much disposition to
enter on new commitments to the end OF
the week and with only one business day to
intervene before another holiday on Tues
dav. desire to see the complexion OF
the bank statement also restricted activity.
In view of the activity of the selling
side during the week, it natural that
closing up of accounts should be covering
over shorts. for the most part 1t was
this marked prices upward after the weak
opening Stock exchange loans made on
Friday are carried over until Monday, so
that the call loan market was nominal to-
day. The leading money broker had good
many applications to arrange loans for
Monday to carry over until Wednesday,
and the limited supply and the growing de-
mand were thus disclosed, although rates
for these accommodations were made be-
low 5 per cent.
There were heavy withdrawals of gold
from the Bank of England for shipment TO
Turkey, TO Egypt and to other points, dis
closing the effectiveness of the banks
present discount rate to check this drain
The distinctive feature of the week
stock market is plainly shown by the fact
that of the aggregate sales of all stocks
for the week of 5se4, 500 shares, 2,oS7,20o
shares were of United States steel. The
stock maintained its prominence today,
selling down over a point at the opening
and sharing in the general tendency toward
recovery in the whole market.
The American Railway association re-
ported further reduction by one-third of
the surplus of idle freight cars.
The bank statement proved a revelation
of the prodigious intermarket operations
that must have been going on during the
week. The loan contraction in the oompari-
son of averages reached S36, ,673, 600 and
in the actual showing the formidable total
of S4s, 4I4, 600, the latter figure Being in
excess of any weekly loan reduction here
tofore shown in the history of the clearing
house.
The stock market of the week reflected
the fact of liquidation which must have
resulted in payment of loans, and the
1859, 500 increase in average loans of the
institutions outside the clearing house in
dicate the shifting process that was going
on. The cash decrease was about as esti-
mated, and it was only by this drastic
curtsilment of deposit liabilities that the
surplus was conserved. The decrease of
s4s, ,oo4 800 in average deposits and of
$50, ,4ss, 500 in actual deposits constitute
records for the New York clearing house.
Sales of bonds, $685., 900.
The San Francisco call., 1909-10-10
Condition of the Treasury

WASHINGTON, Oct. 9.-The condition Of the
treasury at the beginning of business today was
as follows:
Trust funds-Gold coin, $685. 4O2 $50: silver
dollars, $4s5. .903, 600; silver dollars Of 1890
81 057 900; silver certificates outstanding S4S5,
9O3. 900.
General fund-Standard silver dollars in gen
eral fund.- $4,504,4l1; current liabilities, $780,
939 $50; working balance In treasury Offices
s2e sol, ,133: in bank TO credit of treasury of
United States. $3S. .44S. .S9s; subsidiary Silver
coin. $29. .395. .j59; minor COIN 81 s69 221: total
balance in general fund, S92, ,693, ,4O1.
The San Francisco call., 1909-10-10

pETALUMA. Oct. 9.-1he week closed with
eggs at the highest price for the season Fifty
one cents was the best offering; 501ac and soc
was paid by independent dealers and specII-
lators. There is scarcity of eggs. Grass is
growing rapidly and will be benefit to the
poultrymen.
SANTA CRUZ Oct 9-The egg market is
unchanged producers receiving Ale. A heavier
marketing was noticed today.