davidaulloa/AmericanStories huggingface dataset:
The San Francisco call., 1910-07-27
MINING STOCKS

Mining stocks exhibited no features of in
terest The Cemstocks quiet and un-
changed The southern Nevadas were also dull
beyond some activity in Jumbo Extension at
the higher prices of 42M46c. n decline in Gold
field consolidated from ss.25 to ss 10 and one
IN Nevada Hills from 50 .22n TO So 10.
The mines Of Tonopah district shipped total
Of 233 tons of ore. valued ut $1S0.S2o to the
mills during the last week. The Tonopah min
ing company sent 5000 tons. the Belmont 1850
tons. Montana 993 tons. Tonopah Extension $40
tons. West End 2s0 tons, MacNamara 120 tons
and Midway 80 tons.
of %e.rs yors viii within few dars assr1ne nasrne
charge of operations on the Jumbo Extension
properties as representative Of George Graham
Rice and associates, who closed deal with
T. G. Iockhart for control of that property
I.ockhart held 600 shares of the sa5. 900
shares OF the stock outstanding. and he and
his associates the present board of directors
will retain their official positions until new
board Is organized. It. is understood that n
cash payment was made, and the balance will
The San Francisco call., 1910-07-27
assessment pirectorx Comstock Mine
OIL STOCKS

The oil stocks continued quiet yesterday,
though the brokers reported rather more public
interest in them. There were no changes Of
ciated at s44.50@45
The Republic well is down 1900 feet, with
an excellent showing. 1t promises to be good
we'll that of the Empire by
Among the Los Angeles oil companies that
will pay dividends this month are the following:
American petroleum. S93.9D5; Mexican petroleum
Of California. $43, s46; Mexican petroleum tlim-
ited) Of Delaware. sI0.s9S; rnion oil company,
Sl4o536: Anna lgamated. $50. 900: Central
Sl2.5G0 Columbia sn.900.62; United, $11. .l04; !;
Midway Central 81, 400.
1t is reported that Kansas and California
businessmen have secured a 30 day option on
large interest in the Crown oil company. 1t
is proposed soon TO list the stock on the Los
The company controls 420 acres Of land in the
Midway field and in Ventura county. and opera
@ sions are IN progress on both properties. IT Is
very long.
Bakersfield report of July % says: THE
drill went through seven inch casing at 700
feet today in the Santa Fe test we'll on the
Kern river bllff south of the river and outside
the proven fields. while the cement being
"A new hole viii be drilled beside the old
one and the cement core will be left In the
water shut of within month. This weIl was
the first in the territory and big things
were We. expected when the water got in a, 465
much oil there was owing to the large quantity
of water
Win power already furnished by the San
Joaquin light and power company for the Coal
inga fields. 1t is now the plan of the Power,
Transit and Light company of Bakersfield. re-
Gently bought ont by the San Joaquin people,
to furnish electric power for the sherman Los
Angeles. Whittier. Fullerton and Ventura dis
tricts and for the Kern county fields.
: The Esperanza oil and gas, ON 31-21-15 is
down $3.50 feet in 81 inch casing. The drill
is working in light sand formation and the
well gis showing slight pressure of gas.
Lucille No. 4 is down 2,510 feet in 81. inch
casing and Is expected to go into the sand at
any moment No. 3 has been ha wing trouble
With the sucker rods parting. but is expected
to go the pump right away.
The five wells thstwere cemented OF about
four weeks ago sections 25 and 13 of the
x. T.. o: property have been opened and
found dry. The wells arc all ON the beam
The San Francisco call., 1910-07-27
Flour and Farinaceoux Good.

Flour rules FIRM ar the recent advance In svn
pathy with the raw wheat
Flour--C alifornia family extras S. snefe 20 net
without discount: bakers extras A. Sne{g 20.
superhne, S4.60e1490: Oregon aud waShinrton
per Dbl $99a25 for family. bakers and patents
anu S4.zau 400 Tor cut o6. Kansas patents
do straightS, $40: DO clear. $500 per hht
Farinaceous 6oodS-Prices IN loo IN aa.,ks NOT
cash, no discount. follows t;rahan, ao,,r
Zoo per 100 lbs: rye hour. So %: rye meal
$3.50; rice hour. s.; corn meal. 81 10: extra
cream cream 90. 800; cat meal. $360 oat eroats.
Hour 40; whole wheat -four. So -: rolled oats
hols SsNd6,s0 do in sacks SO. s0dfJ so: extra
cream do. $3.50 in sacks and 81 In hhfs. roiiad
wheat. bbls $4.25. in sacks s. eO6ly 1S. asi
barley $40: split peas. boxes IS Tor yellow
and $3.50 for green per 1e0 lbs 'No"
The San Francisco call., 1910-07-27
COMMERCIAL MARKET NEWS SPECIALLY CALL
PANIC PRICES
RULE IN STREET

NEW YORK. July 26.-Forced
liquidation of stocks, while bank
ing and financial interests re-
Trained from offering support,
played havoc with stock market
values today. So rapid and COM
prehensive a shrinkage of prices
is witnessed rarely, except In peri
DDS Of absolute panic. There was
some selling today by holders
through sheer fright at the rapid
melting away Of values, but for
the most part the selling was done
in cold blood and with the syste-
matte determination of surgical
operation.
The lack of immediate news
which might be held to indicate
sudden and violent change in con-
ditions affecting values pointed to
an accumulation of influences to
account for the movement The
absence Of the usual talk of EN-
barrassment on such occasions
was taken to prove the selling to
come from sources outside the i'm
llltQldlC. SNONh hCl NliNAS anu
to represent losses from large re-
sources which amounted to i'm
pairment rather than wiping out
of fortunes.
Occurrences in the immediate
news were disregarded. The
United States steel quarterly
meeting to be held after the mar
ket closed almost dropped out of
consideration. The declaration
of the regular quarterly dividend
was taken for granted. and the
probable showing of the earnings
report was discussed with only
languid interest. The reaction in
the coin market pointed to relief
from the more excessive weather
conditions which were believed
yesterday to be threatening the
prospects for the harvest.
The money market was easy and
the rate for call loans ran off to
the lowest level touched in sew
eral months, while influences to-
ward replenishment Of the supply
of bank cash continued actively
at work.
Reading at 130ss. Union Pacific
at 152N. United States steel at
614 and Southern Pacific at 103
will offer a graphic suggestion of
what occurred in the days stock
market. Even more sensational
were movements in stocks which
are not the favorites of profess
Southern Railway preferred, ST.
Louis Southwestern preferred.
Rock Island preferred, Republic
Steel preferred, American Steel
Foundries. Westinghouse Electric.
Central Leather and others were
forced down from to over IL
points.
Coming without any sudden
shock of circumstances to upset
the order of things. the days
movement was especially impress
sive. It's scope and its indication
of a consensus of widespread opin-
ions can not be denied, whatever
its source. The consensus clearly
amounts to determination by the
DdllhCtS. llAdANtElc anu IuilHR
authorities generally in finance
to retrench resources and to be
prepared for a strain in the COM
ing month.
There was some show of relief
in the last hour of the day. After
rallying l to 2 points and even
more from the low points of the
day, prices sold off again and the
closing tone was much unsettled
Bonds were weak Some of the
low grade speculative issues
showed losses corresponding in
violence with those of stocks
Total sales (par value), s2.515.-
600.
United States bonds were un-
changed on call.
The San Francisco call., 1910-07-27
GRAIN MARKET
wheat and other Grain.


Wheat-Chicago was lower. The only change
in this market advance in white Aus
tralian. Old milling wheat is very firm the
mlllers are after it.
CASH WHEAT
California club. S1.6501.70 Sonora, 81. I09
LIS; white Australian, S1.12l3 @1.1712; northern
club, S1.65M1.I0: Russian red, $165G1.T0; tur-
key red. Sl.70G1.75: bluestem, $1.75Gl.S0
FUTURES.
10 a. M. Session
No quota tons.
Barley-A steamer has been taken at 26s Sd
for one European port or 27s Sd for two ports
Salers quiet nominal rate of 25s, usual
European options The chartered grain tonnage
in port is 4 ,34l TONS against "a 500 on the same
date last year; disengaged. 2S.5S9 tons. against
81 ,293; on the way to this port, 2o4, 9s4 tons,
against 15S. 635.
The market was weaker yesterday. both as to
futures and the spot grain. Sale of 1000 SKIS
choice feed at s110.
CASH BARLEY.
No. feed, 81. .06 a a 10S% of grades. 81 al .05
per ctl extra choice, S1.1o new brewing and
shipping grades, S1.1o@11213 per ctl.
FUTURES.
10 IN Session
December-S1 .14Ia bid, $1.151a asked
p. m. Session
December-s1 .141a
Oats-Rnther more inquiry is reported with
reds higher All the white here held by
party. who asks the quotation below: Red
S1.35Q1 145: black. nominal; gray, nominal;
white, Sis per ctl
Francisco track. S1.60@1 .621a; white, S1.621a a
90: mixed. S157Ia a ] 60: Sacked prices tic
higher; white Egyptian. s1.50@ 1.55; brown do
$1.40 per ctl.
Rye-Contnues dull and nominal at $1.5j@
ITO per ctl.
The San Francisco call., 1910-07-27
Trcasurx Statement

WASHINGTON. July 26--The condition of the
treasury at the beginning of business today was
as follows:
Trust funds-Ciold coin. Ss6s. .o33. $50: silver
dollars, $3.50. III. 600; silver dollars of 1890.
81 goo; silver certificates outstanding, $3.50,
171.0oo
General fund-Standard silver dollars in general
fund So 200 135; current liabilities. S105. 149 999
working balance in treasury offices, $50. SOS ;s32
in banks TO credit of treasurer of the United
States. $39.9l3.0S3; subsidiary silver coin. S20.-
22711I; minor coin. 1.164, ,023; total balance in
general fund, S91, ,991, OBS.
The San Francisco call., 1910-07-27

Quotations for all descriptions remain as be
fore. Beef and mutton steady. but hogs are
rather easy than otherwise. Receipts Of hogs
light. but is the demand Now that the
schools are open again and the people are com
ing back from the country the consumption Of
meats is expected 10 pick up.
DRESSED MEATS
Slaughterers' rates TO dealers and butchers are
as follows:
Beef f-s@ SIC per lb for steers, 7G715c for
cows ard heifers.
veal-9h a 1Oc for large and log lie for small.
Mutton-Wethers, 91aG1Oc; ewes. 9Q91ac per
pound.
Lamb-11E 12c for spring.
Dressed Pork tper lh1-13G14c for light.
LIVESTOCK MARKET
The following quotations are for good. sound
livestock. delivered in San Francisco. gross
weight:
No. fat steers, over 600 lbs. alive. SC per ID:
under 500 lbs. 4&c: second quality. all weights,
No. 1 and heifers, 4c: second quality, ga
@3%c common. thin undesirable cows, 21a a &c.
Desirable bulls and stays, 2A G21ae; half fat
or thin bulls. 112M2c
Calves-Light weight, per lb, 5Ad6c; me
dium. 5A @5l2c; heavy. 4d4Ac.
Desirable wethers, 5M5Lc
Lambs tper lb)-Unshorn lambs, 6@6tsc; shorn
lambs, 51a45&sc.
Hogs tper lbl-Hard grain fed. weighing 100
TO 40 lbs, 91599Ac; 40 to 250 lbs. 10c: ESQ to
$50 lbs, exc; common, undesirable hogs. SAFE.
The San Francisco call., 1910-07-27
steel Dividends and Earnings

NEW YORK. July 26.--The directors Of the
United States steel corporation this afternoon
declared the regular quarterly dividend Of Il
per cent the common stock for the quarter
ending June 80. The regular dividend of =
per cent on the preferred stock declared.
The total earnings of the steel corporation for
the quarter ending June 80 were $4o1to96O,
and the net earnings were S33. $50. T55.
The directors report that untitled orders on
hand June so were f. ,267, ,T94 tons.
The San Francisco call., 1910-07-27
New York Money Market

NEW YORK, July 26.-Money call. easy.
1@2 per cent; ruling rate, per cent; closing
bid. l per cent: offered at y per cent.
Time loans firm: sixty days. 3A 80 days.
3Sz "a per cent: six months, 56l5A per cent.
Prime mercantile paper, 517@6 per cent.
Sterling exchange barely steady. with actual
business In bankers bills at s.. S355 a $3.50 for
60 day bills. and at 81. $3.50 for demand.
Commercial bills, 81. 4.s2a4 @i.SSA.
Bar silver. 53%c.
Mexican dollars 44c.
The San Francisco call., 1910-07-27
Egg Market in Nearby Counties
TSeecicI Discotch 10 The Call

SANTA CRUZ. July 26.-EgS quotations stand
at SOC. which is paid by merchants ana cosn ss,
mission men The supply is none too plenrlIui
this of the year Merchants sell az S9e.
PETAIUNlA July 26-The price OF eggs =
slowly going up. The Petaiulaa egg eXchahge
paid 5Ol2c for first grade Independent dealers
and spectators paid 29tae TO 2Il2c. according 20
grade. The demand is good and supply sde-
quate Feed remains high and green 1eed Is
The San Francisco call., 1910-07-27

NEW YORK. July 26.-Special cable and
teiegraphie communications received by Brad
streets show the following changes in available
supplies compared with previous accounts:
Wheat-Gnited States OF Rockies. decrease
LOCO; Canada decrease 553. 900. Total United
states and Canada. decrease 1.444.000. Ahoat
for and In Europe. decrease 1.000.000; total
American and European supply decrease ,, 44i-
Geo bushels.
Corn-Inited States and Canada. decrease
l.246. .00o bushels
OatS-I'nited States and Canada decrease
63.S. .uC0 huSheIs
The San Francisco call., 1910-07-27
MfnneapoIis Grain and Produce

MINNEAPOLIS. July 26.-wheat-July. 81 "a
September. $l.I4ss December. $1.121a- Cash
No. hard. s1.26La: No. l northern. S1-25la q
l.2I12; No. 2, S1.231a @1.251a; No. ), S1.20i@ q
1.2515.
Corn-No. 3 yellow. 6266f15c.
0ats-No 8 white 43G 44c.
Rye-No. 2. T2@T4c.
Flax-Closed So Sc
The San Francisco call., 1910-07-27
Poultry and Canre

The ear Of western poultry that was expected
Yesterday failed 10 reach the market. but It
was reported close at hand and scheduled 10 ar
rive today. Receipts from state shipping point 4
were comparatively light. but the market re-
roosters selling we'll
Poultry (per DOZEN Hens. S5d5.5O for small
$6GI for large and SS61O for extra: Young
ROSTERS, SIQ1O; old roosters. $505.5O: fryers
s545.50; broilers $S9t3.5O for large and So 80
a. for small; ducks, .S6-JO@7; pigeons. s1.T5Q2;
Game tper dozenl-NOnnaI
The San Francisco call., 1910-07-27
Reons and Sea,I.

The bean market continues quiet and steady.
with no further change in prices during the last
day or two. Green peas are higher.
Beans tper etn-Bayos. $G6t625: small white
Ss. S1n4. 10: large white. $3.7504: pink S6lQ
S,Z9; red. S6M6IO: blackeye. $5.9OM5.T5; lima
81 45G $50: red kidneys nominal: cranberry
beans. $+40et 460: garvanzas. S2.50n3.25; horse
beans. new. 81 SJ612 -
Seets-BrOwn mustard &c. vellovr r,usta,.5
-; naxSeed. 5H5i2c. canary, IA G3a.c: al
faita. l6B1Ic: rape. 1M2lac; timothy e.: hemp
3qSiac; millet. rs Csc per M.
Dried Peas-Green. Sc. q per clI
The San Francisco call., 1910-07-27
New York Grain Market

NEW YORK. July 25.-Flour-Steady; high
prices checked business. Receipts. 20 40; ship
ments. 1920
wheat-Spot steady: new No. red. S1.09 eIe-
vator 10 arrive c. i. (. and Sl.10L T. O. b. afoat.
No. northern. S131% (. a. b. afoat. Wheat
was moderately active and weak on lower cables.
large receipts and liberal country offerings in
The west and underselling by Wall street due
to the weakness in the stock market. closing
1%c TO 1Ac net lower. September closed at
1l01a and December at Slips. Receipts,
q, 600
The San Francisco call., 1910-07-27
STOCK MARKET

Trading in local stocks and bonds was quiet
yesterday. Sales Of bonds were only S31 600.
Variations were an advance in City electric 10
S5225 closing at S52. and decline In United
Railroads bonds to SCI. California insurance
was ex dividend of SOC.
The Alaska packers association has declared
a regular dividend of si.50 per share, payable
August 10. ~
The San Francisco call., 1910-07-27
Cash Grain and Provision.

CHICAGO. July 26.-Cash quotations were as
follows: Flour. firm. No. rye. 77@7sc Feed
or mixing barley, 52m56c; fair to choice malt
Ing. 60M69e. No. ] southwestern haxseed So 40:
do No. ] northwestern. $2.43. Timothy seed
S5.50@5.15 Clover, S12.T5. Mess pork per Dbl
S26d26.25- Lard. per 100 lbs, s11sO Short
ribs. sides uoosel. $IIT5@ 1925; short clear
sides (boxedl S13613. %
GRAIN STATISTICS
Total clearances of wheat and four were equal
to 10000 bushels. Primary receipts were ,2o4.
600 bushels. compared with 1aG9 600 the cor
responding day year ago. The worlds visible
supply. as shown by Bradstreet's decreased
2.444.0oo bushels. Estimated receipts for To-
morrow Wheat. $50 ears: corn, I22 cars: oats
lis cars: hogs. % 900 head
- ID AL. Y MOVEMENT, or I,IQraI-l-I-
The San Francisco call., 1910-07-27

Bar silver-Quet: 247sd per ounce.
Moaey-iA per cent.
The rate of discount in the open market for
short bills is X per cent and for three months
bilis 2k per cent
The San Francisco call., 1910-07-27
Duluth Flax

DULUTH. July 26.-Flax-On track. 81. "a:
to arrive. So 46; July. S254; September 81. as
bid: October, 81. So; November, S2-35; December,
81 33 nominal.
The San Francisco call., 1910-07-27
Northern Business

PORTLAND July 26.-Clearlngs s1.446,9I3;
balances $l52, 1872.
TACOMA, July 26.-Clearings, S1,041, $40;
balances. $50. $50.
SEATTLE, July 2s.-Clearings s1,7so,s2s;
balances sl6T. .626.
SPOKANE. July 2G.-Clearings, S662 152;
balances, S62, ,o53.
The San Francisco call., 1910-07-27
Hay and Feed.t,g.

5ran. middilngs and shorts All higher.
Son1ers < Co. say OF hay:
Receipts of hay for the last waet -. -.
the same as were received the weeE nra-is,o so'as
total OF S,1iO tons arriving 4ifhcneh 49,
mas been no great quantity Of hay pnrc6aseS so-
'H'"A1eAe " San ssaneisco Jet undoubtedly me-
The San Francisco call., 1910-07-27
Los Angeles Oil Exchange
[ Special Dispatch 10 The Call

IOpecidt Dtsfofch 10 ne IdIJ
LOS ANGELES. July 26.-Tradng was live
lier the oil stock exchange today. Union was
good trader, the stock selling between S100
and $101.50
California Midway sold from 461ac to 45c.
Associated oil steady at $44.SIl2.
Central oil sold at 81.
Consolidated Midway sold today at 222.c, a
gain over yesterdays quotations.
oleum was strong at the afternoon call, ad-
vancing from sc to Csc
Cleveland was quoted at 14kc
Union Provident sold at the afternoon call for
500. 50
The San Francisco call., 1910-07-27
Portland Butter Market

PORTLAND. July 26.-Butter-C.sy and coun-
try creamery extras. 33c: fancy. 3GJS2c; store
2SG24c.
The San Francisco call., 1910-07-27
oF PRODI-cE
Northern Wheat Market

WASHINGToN
TACOMA. July 26.-Milling-B Bluestem. a2G
e3c: club. See. Receipts-Wheat 4 cars. corr
/ car hay. cars
SEATTLE. July 26.-Mlling quotations
Bluestem. Soc: forty fold. S5c; club SIC: 5fe
SIC: red Russian, Sic. Export wheat-Bluestem
s2e; forty fold SIC: club. Sic: fife. Sic: red
Russian. J9c. Yesterdays receipts-W heat
cars; oats, cars. barley, 3 cars
OREGON
PORTLAND. July 26.-Wheat. track prices
Club s6Mssc. bluestem. 9oM96c: red Russian
The San Francisco call., 1910-07-27
Decline in Hams and Pure Lard
Fresh Fruit Market Well Stocked

firm do srsts 1s1sc firm: do seconds. 121se.
FIRM fancy Young Americas. l612c. nrm' uV
irsts I6c- firm; Oregon hats 16lse, nrm- l.,
Eggs-CslifOrnia fresh. per dozen. cases IL
The San Francisco call., 1910-07-27
New York Curb Stocks
Boston Copper stocks

BOSTON. July 26.-The copper market opened
fractionally lower, with the volume Of trading
mall. Calumet and Hecla was the strong
frstDre. being up points. Lake is being
quietly absorbed and X is confidently asserted
ihat this property will prove one of the best of
the Lake Superior propositions
The following list is furnished by E. F. Hut
ton & Co. $50 California street San Franciscn.
The San Francisco call., 1910-07-27
HORSES
Butter. Cheese and Eggs

Dealers who were predicting advancing mar
ket for butter and eggs on Monday had their
opinions verified yesterday. when business on the
exchange sent prices for the upper grades Of both
staples up. few receivers who were in need OF
small supplies Of extra butter had to bid the
market up 10 get what they wanted The mar
ket opened at 30c the exchange and closed
drm at Bic. an advance of 1I6c over the pre-
vious quotation Strictly fne fresh eggs were
none too plentiful and some receivers did not
have enough to I'll their orders. Extras were 1sc
higher several sales at 3I1ac dozen on the
exchange. In the cheese department Young
America hrsts were 1ac higher at 16c pound
and Oregon fats were added TO the list.
Sales on the exchange were as follows:
Rutter-10 cases Of extras at Soc. 10 at 3OISc
and 10 at 31c pound.
Eggs-50 cases of extras at 81 &c dozen.
Receipts were 81. 200 pounds OF butter 81 100
pounds Of cheese and 1o25 cases Of eggs.
The following are the official quotations estab-
lished on the hoor of the dairy exchange Prices
in the street. while governed by the exchange
quotations. generally range from 1Ac 10 2c high
er. owing to the various charges 10 be added:
BUTTER. PER POUND
Grades July % July % July 25 july 2S
Fresh extras. Zoe 29Ike 20fhr 21e
The San Francisco call., 1910-07-27
Available Grain Supply

s4@s5c; valley. sTGssc Receipts-wheat.
10 cars; barley, cars; oats. car.
The San Francisco call., 1910-07-27
Horres and MuIes

The auction sale of horses last week did not
develop any striking features. While the offer
ing made up principally of the famous
horseshoe bar brand. the draft sold did not com
pare favorably With previous eonsignments Of that
iron. They were mostly mares and fillies all
broken. and ranged in weights from 200 to
1 200 pounds, with few touching close to 800
pounds.
Competition was not keen for horses lacking
in bone and substance suitable for heavy work.
In fact. Ii might be called spectators market.
dealers from the farming districts.
Sales ranged for 1.100 pound mares from $40
to 1928; 200 pounds brought from $3.50 TO $50.
The three touching 1900 pounds sold for $3.50,
Sl65 and s1I250. Other classes, such as suit
able for light express purposes, brought from
$50 to 800. Ordinary sorts around 900 pounds
ranged from $40 to SO.
The whole consignment showed to poor ad-
vantage owing to their hard experience since
leaving the range. They made shrinkage right
through of over 1Go pounds As before men
pect to some of this stock resold this
market at handsome profit. Everything con
sidered. of etc the market for all horses
below heavy drafters is lower.
For the first time in months truly repre-
sentative bunch of mules has been offered at
auction here. They were. consigned from east
ern Oregon and graded into three weights.
1,0OO' TO 100 pounds 900 to $50. the balance
for the three lots the heayfes going to Miller
Brothers. who buy for Hawaiian account. for
S1TT.50. There were IA and year olds in the
lot. The next draft. comprising IL head of and
year olds, were knocked down to Mr.. Grigsby
of Woodland for $3.50. The six head remaining
went to Mr.. BurneIl of Redwood City for $3.50.
. The consensus of opinion expressed by dealers
was that. considering their excellent condition
and general conformation. they sold cheap-some
say from $40 to SIS less than they selling
for at country points
are furnished by the Butchers and Stock Grow
ers' Journal: