davidaulloa/AmericanStories huggingface dataset:
Los Angeles herald., 1909-11-27
ALL COALlNGA
BIDS WELCOME
TO ANGELEN0S
SIERRA MADRE MEN INSPECT
OIL FIELDS
ITY PRESENTS APPEARANCE OF
BOOM MINING CAMP
Visitors Are Taken in Autos Through
Petroleum Fields, rendered BAN
quet and Ball and Other
wise Entertained
Especial to The Herald.l

COALINGA, Cal, Nov. 26.-All Co
alinga turned out today to greet the
visitors from Los Angeles. The streets
and business houses were gayly decked
with flags and bunting, and the stars
and stripes were carried aloft in the
breeze by the automobiles. The rain
clouds of last night gave way to sunny
skies, resulting in an ideal day for
an outing.
The special train, which was hours
late. was met at Hanford by members
of the committee, who extended a well
come. The reception committee was
represented by George *. Anderson
II. c. Williams and c. 7. Walker, the
entertainment committee. by w. II.
Clair, E. I. Hogan and d. NJ speed
and the transportation committee by
George G. Roberts, S. r. Bowen, w. r.
Odom, N. c. Guiberson, w. II. Fenne-
man, r. c. Flourney and e. j. Turner.
The excursionists were provided with
auto tickets and admission tickets TO
the banquet, and when the train
reached Coalinga the party at once en-
barked on the motor cars for tour OF
the fields. Section six. the home Of the
great Silver Tip, Lucille Amy, Marian
and other big wells, was visited, the
road leading past the Valley WELL al
most within the limits of the town,
Turning off to the north. the cars
whisked down a double line of derricks
through the great producing tract Of
the American Petroleum company, with
it's immense storage tank, past the
K. T. o. and the Standard, and on over
a range Of low hills TO the camp of
the California Oil Fields, limited, where
an elaborate lunch was served in the
big dining room Of p. S. Turnbull, gen
eral superintendent of the company.
Welcomed to coaIinga
Tom O'Donnell, chairman Of the en-
'tertainment committee of COalinga,
spoke a few words Of welcome, to which
response was made by member Of the
Sierra Madre club.
The California oil Field, limited, is
a British corporation of which Balfour
and Guthrie are the presiding geniueses,
and its Coalinga camp is the largest i'm
the world, representing an investment
of half a million dollars. The company
maintains its own extensive machine
shop here, and its employees residences,
and the company offices and boarding
houses form quite a village.
After the trip through the fields the
guests were taken back to town, where
many of them attended a prize fight in
the afternoon. At 6 o'clock they We're
the guests Of Coalinga at a banquet,
and listened to much eloquent oratory
from speakers representing Los An
geles, Coalinga, Fresno and other cities.
After the banquet came the ball of
the Red Men, the train leaving for
Bakersfield at o'clock in the morning.
Bakersfield is preparing warm wei
come for the eXcursionists. and tomOr-
row will be a busy day in the Kern
river fields.
The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913, 1909-07-07
Crnns and Nancy

The circular Of Henry Clews. New York says.
NO change of unfavorable character can
be detected in the general situation. The bust
ness outlook is generally satisfactory as far
as regards activity. but the prevalent disposi-
ton is TO await the outcome of the harvest
which is now the most important point of in
terest. The last week has been exceedingly
favorable for corn. all Indications suggesting
the largest crop record. for which the fatmer
is of profitable prices, even If lower than
year ago The wheat situation is better than
at one time anticipated and farmers are sure
Of good prices, but the surplus for export Is
sure to be considerably curtailed matter
Of some moment in the foreign exchange mar
ket. The most unsa tisfactory feature in the
crop situation is the deterioration in cotton
June Is usually month Of progress for this
staple but in spite Of the decline conditions
still remain fairly promising.
The local money market continues well sum-
piled with funds. Western banks have large
sums on deposit here; also have the cana
dian institutions The latter have over 5000
100000 on deposit I'm London and New York
the larger portion being in this market AS busi-
ness RECEIVERS and crop demands assert Them
selves these funds viii be withdrawn. and
then we may experience slight hardening in
rates. but this contingency is not Immediate
About $2oo.o 600 were distributed for divi-
deDds and Interest july l. and this Of
cotise, is an element Of support in investment
circles There Is an abundance. however, Of
enterprises seeking new capital and consequently
The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913, 1909-07-07
Ioaus. Exchange and silver
GRAIN MARKET
wheat and other Grains

Wheat and Other Grains
Wheat-Chicago was &c lower, chiefly on st
Louis quotations. The Ohio condition was given
as II, against 73 June l.
The worlds shipments last week fol
lows in quarters; Russian, 49, GOO Danubian,
3 coo; Argentine, 100000; Indian, 10S,O00; Aus
tralian, % 0o0
The cash grain in the san Francisco market
continues to weaken, with quotations for the
upper grades largely nominal.
CASH WHEAT
California club. $2.05@2.10; do milling, 81. 121a
gals; California White Australian, nominal at
81. 20G2.30; OF grades of California wheat, Sl.90
a.: northern club, 81. 05@2. OH; northern blue
stem, S2-20@230; Russian red $2.oT1a a.. 10;
turkey red, $2.1o@2.1213 per ctlS new California
wheat, $l.9592.05.
FUTURES
10 a m. Session
No quotations
p. m. Session
No quotations
Barley-0cean freghts continue steady at the
union rate Of 23s Sd, usual European options
The chartered grain tonnage in port is IA 300
against 10, 100 tons on the same day last year
disengaged 81, 800 tons, against 81, 700; on the
way TO this port, 169, 400 tons. against las. $50.
The December option advanced 1ac during the
forenoon, but fell back nc in the afternoon
The cash grain sympathized with December and
advanced. Receipts during the three days holt
CASH BARLEY
Good to choice feed, spot S1.4501.47l5: COM
mon to fair, $1.40Q1. 42h per ctl; brewing
80; chevaler, $1.60@1.7O.
FUTURES
10 a. m. Session
Open. High. Low. Close
December $500. 81. 40 81 .45A $I.45 $1.45
p. m. Session
December-$1 44b
0ats-The market IL showing more strength
but prices are not materially changed.
New reds, $1.75@1-S0 for good to choice and
81. 65q1I0 for ordinary; old white, 81 90@ 2 10
per ctl
Corn-Arrival of 1. 225 ctls from the west
The market continues quiet, with quotations as
before.
California small round yellow, S1.sOd1 81 u 4:
large yellow, S1.S0; western states yellow
sacked. $lS5; white, S1.S5: in bulk San Fran
cisco track, yellow, S173; white, SI.75; mixed,
Sill; Egyptian. $1.90 per ctl for white.
Rye-New crop is quoted much lower at 81 40
q1.45 per ctl.
The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913, 1909-07-07
Foreign Futures
CHICAGO BOARD OF TRADE
Future Grain and Provisions

CHICAGO. J1ly 6.-T'he wheat market was in
a demoralized condition after the first half hour
Today, and prices declined is d2%c from the
nigh point of the session. The slump was
due to liberal arrivals of wheat at St
Louis and Kansas City and a consequent fall
ing away of cash prices at those points
Various state reports indicated material i'm
proFement in the condition of the fall sown
crop, and there was a large Increase officially
reported in the acreage sown to wheat in tie
Canadian northwest In addition to this Euro
pean markets generally weak The frst
car of new wheat arrived here today from In
diana and was offered for sale at the samnle
tables as no grade wheat
Kansas. City and st. Louis each reported
ditional wheat at the latter point As a result
Of this heavy movement, cash prices Mt ST.
Louis alone were said TO have been off 2Oc
compared with Fridays quotation
Weather in sections of the winter wheat
belt during the last As hours inspired some
buying early in the day, but the effect Of any
possible delay to harvesting was soon Offset
by the cash situation in the southwest The
market closed extremely weak at almost the
bottom.
Splendid prospect of the new crop Of corn.
as indicated in numerous reports from all see
tons OF the belt, caused break of from
rs M31sc in the price of that grain During
the day the July delivery sold between 6d5I 2
and COX d69&c. The market closed decidedly
weak, with July at &c.
Oats declined in sympathy with the break in
wheat and The market closed weak with
prices unchanged TO sc lower compared with
Fridays final figures
Provisions closed steady, with prices shade
to &c higher.
CHICAGO. July 6.-The leading futures
RANGED foIIoxvS
The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913, 1909-07-07
Hay aud FeedstnTs

The hay market continues in the same IN
satisfactory condition before noted. buyers pur-
chasing with caution and from hand to mouth
There is nothing new in feedstufs.
The circular of Somers & Co. says of hay.
The drastic reciprocal demurrage law is hsv-
ing apprecable affect shipments of hay
to this market. the total for the week ending
today amounting TO $3.50 TONS in comparison
with 1850 last week and 1920 the week be-
force Every handler of hay here realizes the
necessity of ordering his shipments forward
very carefully. with the result as reported
above. In spite of this decrease in shipments
however hay is still arriving too freely for our
present market. prices still being on the de
cline. The situation is anything but satisfac-
tory for the trade here. 1t being practically
it in San Francisco at profit. This condition
can not continue indefinitely. for matters must
soon adjust themselves. 1t looks to as
though the adjustment must surely come from
the country, for the demand here continues
very quiet and many consumers who buy
heavily at this time of the year seem abso-
Iutely unwilling to fill their barns at present
prices. On the other hand large quantities of
hay must be moved to market before the rains
so that at the moment everything points to-
wards lower range of prices.
Choice wheat hay seems in rather light sup
ply and sells at fairly good figures. The bulk
of present arrivals either volunteer wild oat
grades are being very generally used to the
exclusion of wheat tame oat and are giving
the best Of satisfaction every side
The market can decline considerably from
its present range and still bring satisfactory
results To the producer. Moreover. as the size
of the crop warrants more moderate prices ii
is our firm opinion at the moment that before
the end of the month present quotations will
be materially lessened."
Bran $29M30 per ton for white and $2s.50a
20 for red.
AIiddlings- ss3035 per ton
Shorts So 6f32 per ton.
Feedstuas Rolled barley, s2o.5oaso: rolled
oats for feed. S39m 50: mixed feed. $23Msn for
average lots: oilcake meal in 20 ton lots SIS 80
in 10 ton lots S5s in ton lots 5000, small lots
The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913, 1909-07-07
GeneraI Merchandise

Bagsran bags i Sam and o sss for 9aH fS
Goa CoeIoBesyer Hin 81: Pennsylvania anthracite
egg, SIG per ton Wellington, So new RinS
ton 50; Coos bay $1 A1sirahs an 5o. stanford
Richmond. IS; Cumberland. S15 in bulk anu
SIC 80 in sacks; Welsh anthracite. $40 eo i,
SO per ton in bulk and $Io IN sssAs'
Oils-Quotations are for barrels. Linse so. e.
per gallon for boiled and 72c for raw; cases, o.,
more. castor oil in cases, No L. t1c: DdAet >
IA SfI3dI15; China nut. cases, I09SVe per
gallon: cocoanut oil in barrels, oO4oo &c 1oi
XXX 571a d61 for No and o09oo az ion , 49,
2 according to quantity; extra oleaeneu W.T. o.
snerm oil ole. natural winter sperm OIL. slc ;
natural whale oil. 55c; extra winter eN
lard oil, so@96c; No l peas ssc bo Si dsi
herring oil. 4Oc; salmon OIL o'e' O'
oil 35c: paint oil, Soc. h;.o i-o,
Coal oil Gasoline, etc.-Water Wnlte, ~
barrels or drums 1Oc; $50 deg oil, iron oarreis
or drums HE; special do, &c; pestI O'. .. -
cases lie: astral. lie; star, lie; extra ssa "a
poe; Elaine, 261ae' eocene, Zoc; ree .seS q &c.
motor gasoline in bulk 141sc, In cases - ~ .
M engine dfstillate, in drums, &C. NO =. :
do Tc: cases &c more; SO deg gAsoLn,e' IA
bulk SOC, in cases 3I39G ya 1 IN cases Isle.
Turneutine-6sc per gallon in cases and Ole In
hulk drums and iron barrels: T, &c a..
Resin (per Dbl OF $50 lbs)--E. So;S0' - T0'0''
q s6 "a. H. 81: l. sos; WV, 5000 -.
u RCD sI, and White Lead-Red. So acc; white
SGrSae per lb. ,,.pErr
The Western sugar refining company q1 I,,I.fsd
follows terms net cash: Standard grahulla1sgSu,
(ine or coarse) 5.40c; confectionery A. o pie
crystal dounos in cases. s. 4oc tablets, IN nSt
bbla. 59Oc: tablets. in boxes. 6:loc; cIpes a.
A crushed 8 Csc; powdered, 5.5Oc, cdhuS So =.
Mated = SOC cOnfectioners crystals, 49, 80
magnolia A SC: extra G, 1900 golden =, -
d. roc. Barrels and 80 ID bags lOe, ma h,
bbIs pic boxes soc more per 100 IDS Iot a..
grades. Monarch bar is quoted over ana aoVeS
fine price for standard fine tcanel granuis 90, -
in 100 IN hays as follows, Bags. lo IDS o.,
barrels 45c: half barrels. 60c; 40 10 tihs' Sas i
co o5 * IN tins cased S2o5; 10 ID tins. eased.
10 in a case 81 20: ID tins. in case, So.
20 In boxes s5c- No extra charge TOT pue'ii'o
UP bar in private packages oa,ine,
The California and Hawaiian sugar le Si
company quotes as follows: Granulstee Ia oas a
4nc. f.Higrade'' bar. 3.75c; powdered o.oOe: =
crushed $3.50; berry, 54Oc; G. H. EZRA l,a.t nIs
drr granuiated. 5 46c; coarse dry grangllateo;;
ioe. confectfoners' A, 5-4Oc; conIectioneas
CRYSTALS 3 SOC: cubes 565c; bricks. o6Se' extra
6ne graduated 600 Ii bags only =; eAce i
sior q Sc: extra c. 4.9Oc; golden e. 4-SVc: 20 70
low ID 4 roc; H. & E. crystal dominOs, g -,
Additional per 100 lbs: In barrels ana ~ -
hays ZOE more: half barrels. Zoe more OOAes ;
50c more for all grades Bar, in - 10 ca anu M
40 HI tins S1.T0 more; in 10 ID TINS ~--S'
more Minimun order, carload weight
canned Fruits-The California fruit Gamers
ASSOCIATION quotes prices for 1909 fruits l. O. D.
factory as follows:
The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913, 1909-07-07
Potatoes. ONIONS and YecetahIes

There was good average demand for mis-
cellaneous vegetables, but with supplies of all
descriptions ample, prices inclined to
easiness as a rule, and there was large surplus
unsod at the close. Summer squash and cueum-
bers in small packages were still offering, but
found hardly any buyers, the receipts off
large boxes from the river were more than suf-
heient for trade wants Small packages of to-
matoes, too, were hard TO move. while lug boxes
sold readily at satisfactory prices. String beans
were plentiful but firm for choice stock, and
Alameda green continued to sell rapidly
at stih figures Asparagus was weak with both
the trade and Gamers purchasing sparingiy, and
only strictly fine lots were wanted Green pep
pers and egg plant continued to weaken large
arrivals. The potato market was easy, owing
to the lack Of demand for shipment, while onions
were In over supply and cheap.
Potatoes (per ctl)--New, $l@1.40 in boxes
and 81 25G1 80 in sacks: old crop nominal.
Onions-New red 35d50c per sack; yell
lows 75Gs5c per ell.
Negetables-Asparagus 75@$1-50 per box.
for large and 40m60c for small boxes; green
peas, Sl.25G1.75 per sack; string and wax beans.
4a6e per ID: summer squash. I5c@S1 per box;
garlic. 4d5c per Id for new; cabbage, 81 per
ell; cucumbers. 75c@s1 per box caulihower: 5oc
per dozen; turnips, S1@1.2o per sack; eggplant,
6@sc per ID; green peppers. 5aIc per III; green
corn, $3.50G4 per sack for Alameda and $2@
20 for Winters
The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913, 1909-07-07
MISCELLANEOUS MARKETS
New York Cotton NInrket

NEW YORK. July 6-Hutton's wire SAYS:
The cotton market ruled rather heavy at the
call this morning further realizing sales BY
tfmid bulls, but this liquidation was
over the market sped on to new high records in
a manner that caused lie to be freely predicted
in the near future. The government condition
report of last Friday indicates a crop OF not
more than u, 900. 900 bales. which Is a serious
proposition when it is considered that the
worlds visible supply of foreign gross last Fri
day was 162. 900 bales smaller than one year
ago and 527 900 bales smaller than year before
last II the American production this year be
more than II 0O0. 600 bales IL is probable that
high prices will be the rule all the coming sea
son the possibility being for cotton TO sell at
prices very much higher than those now pre-
vsiing. as the world viii probably need Is, 50O,-
600 bales.
Europe digested the government report and il
did not set well on their constitution. and they
are filling the cables with pessimstc trade re-
ports 10 in a measure allay the intensity of the
situation, but the American cotton goods market
on the other hand. showed every particle as
much strength as the raw cotton did.
spot cotton closed quiet. - points higher
Middii1g uplands, 12T5c; middling gulf, 13e.
Sales 200 bales.
The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913, 1909-07-07

Stocks OF butter were liberal yesterday and
with business of merely fair proportions sellers
were unable to maintain the price established
for extras on Saturday The market dropped
back to PC pound. and. although the general
feeling was one of frmness. some receivers were
carrying a surplus that they were obliged to
store. The under grades firm at the old
quotations. Strictly fine eggs In rather
light supply and firm at an advance of lie a
dozen, the quotations being he. Low
grade eggs remained weak, with supplies accu-
mulating. Cheese was quiet and featureless.
Sales on the exchange were follows:
Butter-10 cases Of extras at &c a pound
Eggs 20 eases of extras at PC and 60 at
2G I5c dozen.
Receipts were 80. 800 pounds butter $500
pounds cheese and 712 cases eggs.
The following official quotations estab-
lished by the sales, bids and offers on the floor Of
the dairy exchange. Prices In the street while
governed by the exchange quotations, generally
range from 15e to &c higher, owing to the vari-
Gus charges TO be added
Butter-Fresh creamery extras, 26c per h.
brm; do firsts. 25c, firm; do seconds 241bc
firm; No packing stock, 221ac. steady
cheese california fancy flats, IL tac per H.
steady; do frsts, 121ac. steady; do seconds. 12c
steady; fancy Young Americas, Ice. steady; do
frsts. l4l2c. steady: fancy Oregon Young Amer
lcas lo32c, 'weak; do flats, loo firm.
Eggs tper dozen, cases included) California
fresh extras. 26hc. firm: do firsts. 241ac, firm;
do seconds, 2112c firm; do thirds, PIE, firm
The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913, 1909-07-07
Los Angeles Markell.

Los ANGELES. July 6.-Light receipts and q
heavy demand advanced the price OF eggs 1c
dozen today. Extra selected sold at Sic. ranch
eandled at 2Sc, eastern fresh at 27c and case
counts PC
There was little demand for butter and cheese,
but both remained firm at the quotations. New
potatoes were weak on account OF Oversupply.
Receipts Of produce Saturday. sunday and
Monday were: Eggs. 2SI eases; butter. ga 3SS
pounds cheese. pa pounds; potatoes SO sacks,
onions, IL sacks. beans, 1913 sacks, sweet DOta-
toes. none; apples. $50 boxes.
Eggs (per dOzeni-EXtra selects. Sic; local
ranch. eandled 29c; case count, zee; eastern
fresh &c.
Butter-Creamery extra. size; creamery hrst.
soc; cooking butter, % Ne.
Cheese (per lb)-Northern fresh, 16e; anchor
large. 1Sci anchor, Young America. 21c; hand
cheese, anchor brand, gle; eastern singles. 1Sc.
eastern twins. Ii Ice; eastern cheddars, lie:
ern longhorn. 1slac; eastern daisy. 1S12e Swiss.
imported Soc; Swiss, domestic, zoe; brick cream,
zoe; Hmburger. zoe; imported Roquefort, 42c.
Edam. 1851 size, case OF y. SS.5O09; German
breakfast. $1.lO box; Neufchatel. 81 20 box:
Sierra, $1-1O box; Canada cream I dozen to
box, 95c; Schlosskase, 81 box; Camembert, 81 20
box; oregon cheese 1sc.
Beans lper etl)-No. pink. So. rs: No. Iima,
$4.S5; Lady Washington, S5.25; small whites.
So; blackeyes. $3.50; Garvanzas. $3.50; lentils,
German. So; do California So
Potatoes (per ctll-High lands. 50 25d2. so;
Oregon Burbanks. S2-60G2T5: sweets yellow
local. 81; new potatoes. S1.35d1.jO.
The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913, 1909-07-07

STOCK MARKETS
EXTREMELY DULL

NEW YORK, July 6.-There were hopes
INDUCED in by the professional element in
speculation that today was to witness the
revival Of active interest in the stock mar
ket. They were disappointed. as the mea-
ger total of The days transactions shows.
Even that slender aggregate was done to a
proportion of almost one-half in the first
hour. There was nothing to show that i'm
portant speculative interests were coming
into the market. TIE opening advance
gave place to reaction, but after the ad-
vances had been wiped out the downward
movement lost force. Prices hardened
again to the best in the later dizziness.
News developments were mostly favorable
to values, and the hating action of the
market proved something of a puzzle
A large sentimental influence was exer-
cised by the heavy tone of United States
steel. The selling of the stock was based
on reiteratien Of the previous reports from
Paris that the plan TO introduce it on the
Paris bourse had been rejected by the
authorities. This report met with the con-
tradiction from the Paris office of the
bankers concerned which has accompanied
each repetition of the report of the failure
of the plan. The denials, however, did not
revive the tone of United States steel in
the market. The report from trade sources
of the good rate of reouperation in the in
dustry were equally without benefit to the
stock
The government report on the condition
Of the grain crops, TO be published Thurs
day. is looked forward to as an important
factor in the speculative movement.
A substantial improvement to be shown
in winter wheat during July is accepted
as a foregone conclusion. In view Of the
present shortage in that cereal bountiful
crop of wheat in this country would be
counted a factor Of the first Importance in
the whole financial and industrial outlook.
The bank statement published Saturday
gave clear evidence Of the heavy strain OF
the July settlements, but the easy tone of
todsy's market took away any influence
from the showing.
Rapid progress making with the tariff
bill in its later stages, especially the readi-
ness with which the corporation earnings
tax and the income tax amendment to the
constitution were accepted in the senate,
was cited as Of possibly ominOus import to
capitalistic interests in some Of the days
discussion in Wall street. The closing tone
of the market was uncertain.
Bonds were steady; total sales, par value,
81 A04, oO0. United States Is and IS de-
cliaed 4 per cent on call.
The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913, 1909-07-07
Beans and Seeds

The markets for both beans and seeds are quiet
and without especial feature. The bean report
of Adolf Koshland says
About 43, 600 bags of beans went out during
June. The stock now ON hand is the lightest in
years for this time of the year. and it looks as
if would have none TO carry into the
new
"A rather light demand for pink beans has
caused little easier feeling in this variety.
Other varieties are holding at unchanged figures.
The volume of business is rather light. | do
not look for any material change in prices in
either direction for the present.
Beans (per ct)@Bayo. $5.40@J. 90; pea ST. -
$3.50; small white. S6.T561T; large white So 40
@5.60; pink. S3@320; red nominal bIackeye
So 40M3.65 lima, 81. 1Od %: red kidneys. So. 25
M3.5U; cranberry beans. nominal; Garvanzas
50 50@3; horse beans S1.90G220.
Seeds-Brown mustard, 4a41Hc; yellow
tard nominal; haxseed. &C. carload lots; canary,
4@4Ac; alfalfa. 1914 G1St; rape, cleaned, "a
255c; timothy. &c; hemp &c; millet, 3lsc per ID;
broomcorn seed, SO. 80 per ton.
Dried Peas-Green quoted at IS % per ell.