Los Angeles herald., 1909-08-30
TRADING IN STOCKS
SHOWS IMPROVEMENT
SALES OF BONDS LARGEST IN
IN WEEKS
Bank Stocks Alone Remain Inactive.
Exchange Lists Three New Cor
porations, including Night
and Day Bank

Statement as issued by the Los An
geles Stock exchange for the week
| ending August 70 shows a vast inn
+, proVement in the bond market, indus
trials, oil and mining, but there were
no deals in the bank stocks to bring
the total up to last week. The sales
of bonds, which were Associated, Home
first refunding, Edison first refunding
and Pacific Light and Power COM
| pany, brought only fair prices. AS
sociated closed off a point for this
week, being 931a at par. While there
was exceptional demand during Satur-
Gays market there were but few
! changes in the bond list.
/ There were but five shares of Ma
tional Bank of Commerce reported dur
| ing the week, and the quotations closed
Saturday night with practically no
| change.
Home Telephone preferred and san
! Diego Home were handled during the
week at much better prices than the
previous week. San Diego Home
showed the greater advance of the two,
stocks selling at 27 is, while the mar
ket last week ranged from 221a to 2512,
closing at 27 and 27h, The first sale
of Edison preferred since the books
we're closed for the reorganization plan
was made this week and brought
| fair price.
Associated Oil decreased both in price
and volume of sales, and there was
no activity. in this stock during the
| last week, closing at "a 5-S and 30.
Columbia Oil was very active and con-
! tinues to stay above 125, though very
| little stock seems to be on the market,
closing at 1875 and 131. Central Oil has
reached the highest this stock has ever
| sold, and though the stock seems
scarce there were $500 shares to change
| hands the last week, the price ranging
from 10 to 1151a, closing at 115 and 118.
| The Mexican Petroleum stock was
active, but the prices were below the
previous week. New Pennsylvania was
actively bid up to a close of 76h and
| 90, which was the highest for this
year, and there seems to be no stock
to be had at any price, though a DID
from so to 80 Is predicted for the near
future. Olinda Land, which sold at 40
during the last week, was also new
! high record stock, closing 81 and 40.
| Palmer Oil and Traders Oil were also
| handled, but were not active, and good
prices were received for the stock.
| During the last of the week the Union
issues were much stronger, showing an
advance over last week OF little Det-
ter than l per cent.
| Three new companies were listed on
! the exchange during the last week.
| The All Night and Day bank, whose
ca pital is S250000, par value being 500,
and which has over $50O,000 on deposit
presented a good statement, ana the
| stock closed 10 bid and 100 asked.
! The Berlin Dye and Laundry company
has a bond issue as well as common
and preferred stock. The preferred
closed 1852 and 169, the common ITO and
12O. The third listing was the Jade on
company, with a capital of $l,OOO'OOo
par value 81, operating in the Midway
| field This stock will be called Tor the
! first time Monday.
The mining list was unusually active
during the last week, Clark Copper
being the most traded in, with prices
VARYING and closing with consider
able spread from the previous week.
Following is the weekly statement:
Following is weekly statement;
| Bonds High. Low. Bid. Ask
Associated Oil ...,........ 95ls 94h 99la 100
Home 1st refnd S2ls Sh SO.3 %
Edison list refnd.. ........lO21s l0i lO51s lO9 O9
Pacific l.. p. Co... 96 20 ~
| Sales-Associated Oil, l share, Ss45; Home
1st refnd, . s168o; Edison LIST refnd'' p
s1o2O; Pacific L. F. Co., Co. l; SS6oi p,, As,,
| Banks Hlgh' Low blu' Ash.
Nat Bank of Commerce .115 1O5 100 ll5
| Sales-Five shares, S2lO.
| Industrials- High Low Blu, ASK
| Edison Electric pfd..... " " o.
Home Tel pfd............. 90 bS1s oSf2 6St2
San Diego Home. .......... 27b 27 27 211a
sales-Edison Electric pfd, IS shares Sl,i76;
Home Tel pfd., 20, $1l7O; san Diego Home'
( TO- s1,S91.25. 49, A.,
Associated Oil ............ 80 S4% 347s 80
Columbia oil .............1S1 129 1926 1Sl
Central OIL .,,.,,....,....ll5H ITO ll5 lIS
Mexican Pet com........ q 269i 2o'2 ~
Mexican Pet pfd......... 694 6S% IS 70
New Penn. Pet...,...,... so 10 l6A 10
Olinda Land ..........,. 40 S41a ~ 40
Palmer oil ...............lS6 lSO l3O l4o
Traders Oil ...."......1oi 80 ,Ss,, 80 iSl iO1
Union Oil .........,..'''''lOo4 1VSA !HoH ~, M
Union Prov. ...,.....''...lO4 iOS iOS's to5H @
United Petroleum ,.......1O6la Jog lO6 lOl
| Sales-Associated Oil, n shares, $3.50; Co
lumbia oil, 1000 $3.50; Central OIL 5000, So
Pet pfd 90. s4,l3O New Penn. Pet. 1000
! s797 so; Olinda Land, $1,000, $5,710; Palmer
! oil. 20OO 49, 72O; Traders Oil, IA, sl,4oo; Union
4 Oil 1872 Sl7, ,15475; Union Prov, 20, S2'5S. so;
United Petrol. TO- a455.
| Mines High Low BIZ ASK
Bonnie 8tT Clare .........,... l2ts 9!s 1874 Il
California Hills "''''''' ~ "a ,53'a ,ssA
Booth ...., ........'.....' li5a "a "a 70
Comb Fraction ......... "A 20 70 75
Consolidated Mines ..... | OO4s ooIs !
Clark Copper ..''..'''''' II SA SH
Daisy .... ..,..''.,..''''' ~ Zts "a %
| Duplex Cont .,...'.....'' oA oH ~
Florence ....'. .'''''''''SUo ouo 'Vo72 'V172
Great Bend ..,..........., lO12 ~ ~
Johnnie NJ. & M......,,,, 1Sls 1875 lS 10
schlt Parallel ,..;;.''...o....,' rs .0oo 70
sales-Blue Bull, 1000 shares, $500; Bonnie 10 mi
1900 ;S'S1S ioo6 GaItorna s Gob hS TrastoD tSSo
xoo $3.50 CON Mines "a 600 $780, Clark Cop
per. 1866 500 SIG, 1870; Daisy 1SOO,' s29o,50;
Duplex Cont 4OOO s26s75; Florence, 100,
ssO2 so; Great Bend, 2OOO 5000; Johnnie NJ,
Total shares, So5 297; total value, sSSSS9.25.