Morning Oregonian., March 27, 1908, Page 17, Image 17

17
FAIR FINANCE
FAIR
..""ciiu okeuom A Jf. FRIDAY, MARCH 27, 190S.
MLB
mm
EXPERTS' REPORTS
(A) ' -
Ntw Tork. March 13. 1008.
Daniel Ouggenhelm. Esq.. President Guggenheim Exp Ior
tlo Compsny. 71 Broadway. New York City My Dear Sir.
I beg to hand you herewith report by Mr. 0ar B.
Perry on the properties of the Yukon Gold Company
Mr. Perry-, report la baaed on the results of hlsexamation
work, aided by a corp. of assistants. In the Klondike District
during the past three years.
1 hare studied Mr. Perry's figures with car. and have gone
over the reoort submitted by Mr. A. N. C. Jreadgold. who
has been In the Klondike District during the last ten seasons,
and l very familiar with the district.
Jn view of the foregoing estimates by Mr. Perry and Mr.
Trearfgokl I believe that the gravels owned and controlled
by the Yukon Gold Company In Yukon Territory should yield
upwards of fSfi.0Mi.n04i grfss value when the properties are
thoroughly equipped. I b-lleve that Mr. Perry's estimates of
:;.j4io.iO0 net profit, with possibilities beyond this, will b.
realised.
I am. very truly jours.
(Signed) A. CHESTER BEATTY.
B
IROPERTIES AND EQUIPMENT.
Th. Companv's f oldings in the Klondike District are lo
r.til on Cn.a El Dcrado. Bear and Hunker ereekswhlch
have a pnductlon record of approximately $100,000,000
The scheme Involve, absolute control of the J;Bnl'
creeks, the holdings being so distributed that no other large
seal operation Is possible.
To secure this position, the company ha. purchased sur
fllnt creek claims, and upper iev or bench deposits, to
control the mining situation, and Is How Introducing a water
svetrm and electric power plant, with suitable equipment, to
work Its holdings upon a large scale- at greatest possible
economy.
The previous operations In this district have been con
ducted almost entlrelv by hand methods and upon the small
arsle. Hence, the ratio of cost to gross extraction has been
exceedingly high. Former operations have been continually
hampered and the cost materially increased by the extreme
scarcity of water.
The equlpn ent has been designed with two objects in view,
first, by the Introduction of water and power to reduce the
ratio of cost to gross extraction, on the claims now owned
or to be acquired by the company, many of which have been
partly worked, and could be still worked profitably even by
the old and expensive methods.
The savings In operating costs will greatly increase the
net profits to be derived from these claims.
Second By the use of a continuous water supply and the
best possible equipment, to make available large area, of
gravel, which cannot be profitably exploited by tha old
methods. In view of the enormous volume of gravel avail
able, the possibilities of this phase of scheme are very large.
e
The engineers' estimates of the gold contents of the
Yukon gravels based on three seasons' work show a gross of
over $50,000.00.) In the ground examined. In the properties
either ownod outright or controlled, th. net profit' Is esti
mated at $3l:.0o0.000. further profit, due to probabilities (re
duction in cost, extension of working, etc.). estimated at
$4,000,000. making a total net profit of I3o.000.000.
The presence of rich gravel area, on other developed
creeks In the Yukon district within the present field of ope
ration, together with the expected increase in quantity of
gravel workahle as methods improve, make the possibilities
of the business very large.
To summarise, the Ytikon properties now being develop!
are estimated to contain 3.000.000 net profit. The California
and British Columbia properties add 12.000.000 net to thi".
making a total of $;:8,ooo.ooo. which our engineers consider
safety assured The portabilities of further development and
extension make it safe to assuma that the ultimate return
will greatly exceed this figure.
(Signed) O. B. PERRY.
New Tork, March , 190S.
c
New York. March 5. 1908.
To the Directors:
I promised last 8umroer to make you an estimate of ths
Kltndlke gravels to be worked by the equipment which you
have been Installing for now nearly two years and which
will be completed during the Summer season of this year.
I shall confine myself to the main pay channel of Hunker
Creek, of Bear Creek, of Bonanxa Creek, with Its Important
tributary. Eldorado Creek, and of the Klondike Valley be
tween Hunker Cieek on the east, the mouth of the Klondike
R'VThls main pav channel Is continuous In the valleys Jut
mentioned, and the equipment which you have now nearly
rompleted will vork the whole deposit as one mine by the
hydraulic melhcd. where tha method Is easy and suitable,
and by dredging whore dredging Is more suitable.
I havo been In constant contact with the tour valleys above
mentioned during the Summer season of each year from
1MS until now. and I have during the last three seasons had
the benefit of the results of the continuous examination work
;f your own engineers and added to by my own Independent
observation.
In my estimate of net yield. I have selected from the
sreaa served by our equipment only the higher grade deposits;
thesa we shall treat for obvious reasons before the still
large -olume of low grade gravels. The lower grade gravels,
however, will form a definite and very large Increment
scrtulng naturally to our operations after we have worked
eut the htstfer ground' in the first twelve Or fifteen years of
our operations.
I am of the opinion that we shall find the selected areas
of high-grade gravels a. follow.: Cubic yards.
Uonanxa Hills (upper) , 20.000,000
Flonansa Hills (lower) 4S.O0rt.O00
bonanza Creek Bottom (lower) SS.OOO.000
I pper Bonan.a, with Eldorado Creek 10,000.000
Hear Creek bottom . 000. 000
Hunker Creek Bottom 14,000.000
Hunker HIHs 20,000.00.)
Total yard. .. .'1ST.000.imm
Rrosa 1.18.540.000
Net 43.05O.O00
Orovllla and Atlln gravel. 2.500.000
Total $46,450,000
The above list of selected areas leavea our account the
following very largo low-grade areas. In which will un
questionably be profitably treated by our equipment at a
Inter stage in cur Klondike operations:
Cubic Yards.
Hunker Creek bottom with its tributaries. Last
rliance Creek and Gold Bottom -Creek 40.000.004)
Hunker Hills and Lnat Chance Hills bO.000.000
Toner Bon.nsa Hills 60.00O.0oo
Klondike Valley btlow Bear Creek 30.000.000
The lower-grade area, listed above are entirely covered by
the equipment now nearly completed, with the completion
of our main ditch during this year, in addition to our
dredges, elevators, power plant transmission lines and stor
age dam tall of which last aids to systematic working are
now ready for use), we shall be In position to treat the
Klondike gnu els In due course at a cost not far in excess
of that experienced in other known alluvial fields.
Yours faithfully.
(Signed) A. N. C. TREADOOLD.
Tomorrow (Saturday) in the stock market of New York there
will be offered for sale through representatives of Boston, New
York and Philadelphia Stock Exchange houses 700,000 shares of the
YUKON GOLD COMPANY
At not less than $5, or more than $7.50, per share. The entire 700,000
shares is treasury stock of the ,
YUKON GOLD COMPANY
Capital 3,500,000 shares, par $5 each, and is sold for the benefit
of the company. . , ' ,
YUKON GOLD COMPANY
Is owned by the Guggenheim Exploration Company.
The Exploration Company is one'of the group of corporations
known throughout the "world as the "Guggenheim Metal, Smelting
and Mining Group."
Among the groups are the following companies:
Yukon Gold Company.
Guggenheim Exploration Company.
American Smelting and Refining Company.
American Smelters' Securities Company.
Federal Mining and Smelting Company.
United Zinc Company. - "
. National Lead Company.
Owing to the huge capital of these combined companies hun
dreds of millions of dollars their enormous assets and great gross
and net earnings, and the business and mining ability combined in
the administration and operation of the allied corporations, this
group is recognized throughout the world as the Head of the Mining
industry. Owing to the extraordinary success of all companies
which have ever become a part of this group, the enormous aggre
gate of annual dividends, and the fact that the stocks of the dif
ferent companies have sold at tremendous premiums over their
flotation price (American Smelters, Capital $100,000,000, par $100,
sold in 1907 at $174 per share; Guggenheim -Exploration, capital
$20,000,000, par $100, at $326 per share):
The public have always eagerly sought ownership in any stock
bearing the label of this successful and powerful group.
The surest and choicest investment of the entire group has been
considered to be their Yukon Gold, because
First The product of gold mining is always worth at least 100
cents on the dollar in the money of any Nation, with the market
always unlimited.
Second Because "Yukon Gold" is a "dredging" and hydraulic
instead of a "deep mining" proposition, which means that it cannot
be affected unfavorably by flood, famine, earthquakes or "bad
times."
Third Becmse the quantities of gold contained in the Yukon
property is definitely known.
Fourth Because the cost of mining on this property could
always be accurately estimated.
Fifth Because this group had been liberal and far-sighted in
their expenditures for "the plant" to an extent heretofore unequaled
in any gold mining proposition in the world that is, this group
will have invested, when their present plans have been completed
(they are nearly complete now), $12,000,000 and three years of labor,
not only fearlessly invested, but so wisely, that if "The Guggen
heims" had accomplished nothing else in "business," this one effort
would have marked them as great public benefactors.
Sixth Because it was positively known that the enterprise was
an immensely profitable investment.
For the above reasons leading bankers have eagerly sought to
secure the whole or a large portion of the Yukon stock to offer to the
public. For the same reasons the group have always refused to part
with any of it. The only reason that makes it possible to secure.any
of this stock now is, first, because it is now a completed success, and,
second, because the group have been convinced that just at this time,
when the people are filled with distrust of all things corporationwise,
it will be of inestimable value to the whole investment and corpora
tion structure to spread through the land into the hands of thousands
of small and large investors a fraction of the stock of their enter
prise at less than one-half of its actual worth. (
Two brief illustrations will show to all the horse-senseness of '
this move; the amount of money lost to the group by selling to the
public 700.000 of the 3,500,000 shares owned by the Exploration
Company will be many times more than made by the increase in the
value of the stocks of the other corporations in the group.
The story of the Yukon's property and stock is told better and
more fully than I can tell it in the reports and schedules which are
presented herewith.
"A" is the sayso of one of the best known and most reliable and
responsible mining" and business experts in the world, A. Chester
Beatty. Mr. Beatty plainly and concisely tells of the property and
the two best who know most about it,' and they, in equally plain and
brief language, have told what they know. .
"B" is the report of one of the best experts on this form of
property anywhere, S. O. B. Perry. s
... "C" is the report of the man who has lived continuously with
the property since its discovery, A. N. C. Treadgold.
Mr.. Treadgold is an Englishman of responsibility, learning,
mining knowledge and high standing in Great Britain, America,
Canada and Alaska; he ranks second to no man on the subject of
which he treats.
?As "A," "B" and "C" duplicate themselves in places, and as
every word in my extensive advertising costs heavily, I have cut out
, the duplicate parts. The unabridged reports will be sent to any one
who desires to have them.
"D" is an outline of "The Group" enterprises and men, and is
printed for the purpose of allowing all to judge if such an aggrega
tion of business men and corporations would allow exaggerated or
unreliable statements to go forth about property and stock which
they, and they alone, own and control.
Before leaving Fair Finance, the first section of my work of
publicity, in the interest of the people and of capital, I would say
the methods of offering this stock to the public are new.
Not a share of Yukon stock will be sold to any one until the7
public throughout the United States, " Canada, England, Germany
and France have had 24 hours to read, digest and investigate the
facts and figures herewith presented. Then at the opening of the
New York Stock Market, that is, 24 hours after all have read this
statement, the entire 700,000 shares will be placed in the hands of
representative stock exchange houses with orders to sell to any and
all buyers who bid through recognized stock exchange or curb
brokers at not less than $5. nor more than $7.50, per share, and to
continue to sell until the entire 700,000 shares have been disposed of,
after which time the price will be the one iriade by the late comers
and those who have bought and who are satisfied to take their
profits.
In presenting this absolutely safe and profitable investment to
the public everywhere, and particularly to the 425.000 investors and
speculators with whom for so many years I have done more or less
business, I have this earnest say-so to present : I have personally and
thoroughly tested the worth of this property, and in my opinion it is
the best investment I have ever known. I have to the best of my
ability looked over and into the ""Guggenheim group" of enterprises
and the men upon whose ability, honesty and work they must depend
for success, and I am convinced they are destined to be winners
square deal winners and destined to become great favorites with
the people, as from time to time the people mingle their savingsx
with the securities based upon the enterprises of this group.
While I do not yet own a share, of Yukon stock, I have neverthe
less a tremendous interest in the success of this project of disposing
of this stock if it is the success it should be I increase my power
to procure bargains from the great captains of finance for the people,
and when the 700,000 shares I have been instrumental in securing for
the people at one-half or one-third their worth are in great public
demand at two to four times what the people have paid for them, I
will have added largely to my public following.
A parting word to small investors. If, after you have secured
some Yukon stock at from $5 to $7.50 per share, you are tempted to
sell at later prices of $10 to $15, you should weigh carefully before
doing so the possibilities of re-investing your original savings, and
what they have garnered for you, to as good advantage as in Yukon,
even at 10 to 15 per share, bearing in mind in all your calculations
that this investment is so sure, that the men of all men in the world
who know most about such investments, and particularly this in
vestment, have selected Yukon Gold for' their choicest permanent
investment, and that they retain four-fifths of it, which they will not
sell even at a large advance over what the public on Saturday can
buy it at.
A word to' Wall Street speculators : In determining how big a
block of "Yukon" you should take, consider what will happen to
"Yukon". with only 700,000 $5 shares outstanding for trading pur
poses (equal to but 35,000 shares of Union Pacific) when my friends
the public take it all aild insist upon securing more.. You and I will
agree the entire lot will hardly supply the demand of any one of a
number of us who in the past have never seriously balked at taking
on 50,000 to 60,000 shares of any $100 stock which looked half as
good as investigation will absolutely prove Yukon is.
THOMAS W. LAWSON
PERSONNEL
a
YUKON COLD COMPANY. :
Capital outstanding. J17.J00.000, 2.500.000 aharea. par fS.
GUGGENHEIM EXPLORATION COMPANY.
Capital $:2.OOO.OO0. consisting of 220.000 share, of the!
Par value of $10C a .hare, outstanding. 203,351 ahare..
AMERICAN SMELTERS SECURITIES COMPANY.
Capital, authorized and Issued. $3,000,000 common; $1T.
000,000 preferred- (A). IBO.ooO.000 preferred (B). preferred
A) 6 per cer.t cumulative, preferred (B) 5 per cent cumu-1
lative, par value $100.
UNITED STATES ZINC COMPANY.
Incorporated July 24. 10O6. New York. Capita) stock-,
Authorlxed. $1,700,000. consisting of $900,000 common and ;
110(1,000 6 per cent preferred, of which there Is issued an
outstanding $450,000 common and $783,800 preferred, par 100.
FEDERAL MININO AND SMELTING COMPANY.
Incorporated June 25. 1903. laws of Delaware. Capital-:
Authorised. 2;).000.000 T per cent cumulative preferred, lo.-
OOO.OoO common of which there 1. outstanding 113.000,000
preferred, $6,000,000 common. Par value $100 each.
NATIONAL LEAD COMPANY.
Incorporated December T. 1891. New Jersey. Capital stock
Authorised. $25,000,000. 7" per cent cumulative preferred
and $25,000,000 common stock, of which there Is outstanding ;
$2.365.000 preferred and $20,805,400 common. Par $100.
AMERICAN SMELTING AND BBTKiTNQ COMTANT..
Incorporated April 4. 1899. In New Jersey. apltalJ
Authorized and outstanding. $50,000,000 common. 50,009.00;
T per cent cumulative preferred. Par $100. ,
DIRKCTORS. J
As one set of directors and offloers of this group la a , fair,
sample of all. to aava pac I give below those of on of tne
Companies in full.
Daniel Guggenheim.
Also President of the American Smelting and Kenning j
Company. President Guggenheim Exploration Company,
Director National Bank of Commerce. j
Barton 8ewe.IL - )
Also Vice-President of the American Smelting ana Renn
ir.t Company. President Pine Products Company, lea-President
S. U. S. Zinc Company. f
Edward Pvush.
Also Vice-President American Smelting and Retrain.;
Company. Vice-President Garfield Smelting Company Direc
tor National. Lead Company, Director Federal Mining and
Smelting Company. . ,
Morris Guggenheim. . .
' Also Chairman of the Finance - Committee. A inert can
Smelting and Kenning Company. ;
Silas W. Kcele. , -I
Also Director and member of the Executive Commute or
American Smelting and Refining Company, lc-Preaident
American Smelters Steamship Company. i
Aaton Kllera. j
Director and member of the Executive Committee e inw
American Smelting and Refining Company. i
Isaac finggenheim.
Also Treasurer of the Guggenheim Exploration Companv .
Director National Park Bank, Treasurer of American Smelt- i
ins and Relinlng Company. !
John K. MacGowv. J
Also Director and member of the Executive Committee of :
American Smelting and Refining Company. Manager andj
Director of American Smelters Steamship Company. j
Kdgar L. Newhonae, . i
Director and member of the Executive Committee of tnei
American Smelting and Refining Company. ;
James B. Grant. !
Of Denver. Colorado, formerly Governor of Colorado, ice-1
President Denver National Sank of Denver. Colorado. i
ll.nnia Bhuedr.
Of Denver. Colorado Director and member of the Execu
tive Committee of American Smelting mud Refining Company.
Solomon R. Guggenheim. ' . .
Also Chairiran of the Executive Committee of American
Smelting and Refining Company.
Joseph Clendemta. j
Also Director and member of the Executive Committe
of American Smelting and Refining Company. First vice-1
Presldont Baltimore Copper Smelting and Rolling Company,
Director International Trust Company of Maryland.
W. H. Fierce. !
Of Baltimore. ' l
John N. Steele.
General Counsel American Smelting and Refining Company.
M, Robert Guggenheim.
Also Director American Smelting and Refining Company,!
Director Guggenheim Exploration Company. j
Franklin Gulterman.
Of Denver. Genetal Manager of American Smelting and;
Refining Company in Colorado. . l
Wlllnrd 6. Morse. I
' Also Director and member of the Executive Committee or,
American Smelting and Refining Company. I
C.KXERAL OFFICERS.
Daniel Guggenheim. President, New York.
Barton SewelU Vice-President. New York
Edward Brush, Vice-President and Assistant to the Fresl-'
dect. New York.
William E. Morris. Secretary. New York.
TV J Farrand. Assistant Secretary. New York.
Isaac Guggenheim. Secretary. New York.
F W Hills. Assistant Treasurer, New York.
I. A. Chapin, Assistant Treasurer, New York.
LEGAL. (
John N. Steele. General Counsel, New York. .
Simpson, Thatcher l Bartlert. Consulting Counsel, New)
Trk- ACCOUNTING. I
Frank W. Hills. Comptroller. New York.
Judd Stewart. General Auditor. New York.
OPERATING.
Silaa W. Ecclea, Vice-President In charge of traffic. New York.
William Sp'roule. Traffic Manager. New York.
John K MacGowan. Purchasing Agent. New York.
Franklin Gulterman. General Manager Colorado Depart
ment aftd Director-General Utah Department. Denver.
William C. Potter. Chairman Southern Executive Com
mittee Aguascalientes. Mexico.
C W. Whitley, General Manager, Utah Department, Salt
Lake City, Utah.
George C. Kaufman, Manager Mining Department, New
TOrThcmaa J. Pblllips, Manager Lead Sale. Department. New
I. M. Stettechelra, Manager Insurance Department. Naw
C'rk" FOREIGN REPRESENTATIVES.
Klelnwort Sons and Company, London, England.
H M Moran. General Representative. City of Mexico.
I j Sellnairan. W. A. Price and H. M. Moran, Financial
Agents. Citv of Mexico.
F. D. Aller. Agent. Antofagasta. Chili, S. A.
TRANSFER AGENT.
Charles E. Beach. New York.
REGISTRAR OF STOCK.
Chase National Bank. New York.
Corporate Cftice, No. 15. Exchange Place. Jersey City, V J. j
General Offices, Empire Building. 71 Broadway, New York. I
City of Mexico office Central Mercantile, Mexico, D. F.
CLOSES AT THETOP
Sentiment in Chicago Wheat
Pit Is Bullish.
SOME PROFIT REALIZING
trngth-nlns Influencfs Are Firm
Cable?., Small Receipts In the
Northwest and Abseneo of
Ratn In Kansas.
CHICAGO. March J Sentiment In the
wheat pit was bullish almost the entire day.
although the market experienced an oc
casional setback beoaua of profit-taking
sales. Tha most pronounced decline oc
curred during the final hour, but the reac
tion was of short duration and wa. followed
by a .harp rally, which carried price, to a
new high point for the day. The market
ciostd strong at almost the top notch.
Firm cables, small receipt. In the North
west and the continued absence of rain In
Kansas were the chief strengthening In
fluence. The principal demand came from
hort. although commission-houses were
also active buers late in the day. May
opened H0o higher at t4tftt5.c. .old
off to ti0MSc and then advanced to
95 c. where It closed. x
Business In the corn pit lacked the snap
that bad characterised trading for some
time past and sentiment was Inclined to be
bearish. May closed at 06 ? 60 1, c.
Trade In oats was very quiet and price,
moved over an extremely narrow range.
May closed at 54 He.
Provisions were strong all dsry on an
active Investment demand and brisk buying
by shorts. Pork was in especially good de
mand and showed ths greatest gain, the
May delivery at the close being up 42Hc:
lard waa 2uc higher and rib. gained 15fi
17 a o.
Leading futures ranged as follows:
'' WHEAT.
Orn. Hlsh. Low. Close
May $ .. $ .tkM, .. $ .aji
July wi ,wi.
May. new ... .53 ,R3 .52i .o2'i
July, old 48. .48 .48', .48i,
PORK.
Mar I2n 1200 12. fin 12.00
July 12.07H 13.30 127?i 13.30
LARD.
May T.ffTtt S.lfl 7.07'J 8.12t'3
July 8 20 8.35 8.20 8.32'j
September ... 8.424 S.57H 8.40 ts.52!,
SHORT RIBS.
May ; .8S 6 P7K. S5 ft.95
July 7.15 7.27U 7 15 7.25
September ... 7.42tj 7.52 ' 7.40 7.50
Cash quotation, were a. follows:
Flour Steady.
TV-heat No 3 Spring. fl.O54H.07; No. 3,
Tcffl.OT: No. 2 red. 94'4flft,o.
Com No. 2. 64oc; No. 2 yellow.
65ittoc.
Oats No. 2. 53S,-c; No. 2 white, 56c;
No. S white. 51',jM,c
Rye No. 2. 74c.
Barley Fair to choice malting. 77rtiS4ic.
Flax seed No. 1 Northwestern. $1.20V
Timothy wed Prime. 84.70.
Clover Contract grades, $21.75.
Short ribe Sides. Goose), $8.25.75.
Pork Mess, per bbl.. $12.70312.75.
Lard Per 100 lbs., f 7.15.
Whisky Basis of high wines. $1.38.
Receipts, bhtpmcnt.
Flour. bbli. 23,300
Wheat, bu 45'i0
Corn, bn. lwtf.Ont
Oats, bu 212.5
Rve. bu 2.0on
Barley, bu. 61.800
24.000
11.500
197.WX1
215,
- t.ono
15, 400
Grain and Produce at New York.
NEW TORK. March 2. Flour Receipts.
n.KKO barrele; exports. 410O barrels. Dull and
about steady.
Wheat Receipts. 41.0OO bushels: exports.
30.000 bushels. Spot firm; No. I red, $1.01
elevator; No. S red. $1.02 f- a b. afloat;
No. 1 Northern Duluth, $1.14'.i t. o. b. afloat;
No. 2 hard Winter. $1.13Vi f. o. b. afloat.
On fears of crop damage In the Southwest
from dry weather and low temperature,
wheat prices advanced a cent per bushel to
day. Early in the afternoon a part of the
upturn was lost, but near the' close price,
again advanced on a short ecare and were
finally a,BC net higher. May, $1.02'$
1.024. closed $1.0314; July closed 97 15-lOc.
H-.PS Dull.
Hides Quiet; Bogota. 17c.
Wool Steady.
Petroleum Steady. Reancd New Tork.
8.75c: Philadelphia and Baltimore. 8.70c;
Philadelphia and. Baltimore, bulk, 4.05c.
North western Grain Markets.
DULUTH. March 20. Wheat. No. 1
Northern. $1.08Vti May, $1.04 4 ; July, $1.05.
MINNEAPOLIS, March 2. Wheat, May,
$1.071.07H ; July. $1.04; No, 1 hard.
$1.10-: No. 1 Northern. $1.04; ; No. 3
Northern. $1.009 1.04; No. S Northern, $1,
to arrive, J1.06H.
European Grain Markets.
LONDON. March 26. Cargoes dull. Walla
Walla prompt ' shipment at 36c; California
prompt shipment at 35c 9d.
LIVERPOOL. March 26. Wheat March,
nominal; May, 7s .d; July, 7s l-d.
EnglLsn country markets quiet but steady.
French country markets quiet. '
Grain at 9eu Frurisco. .
PAN FRANCISCO, March 26. Wheat and
barley, steady.
fot qnoiatlQTis:
LAWSON
according to his statements, is offering today a stock investment op
portunity of apparent merit. It may prove extremely profitable, and
then again it may not. It's a gamble; consequently a trifle uncertain.
LEMCKE
is offering today a close-in. West Side apartment-house site (corner,
50x100), commanding an excellent view one block from two carlines,
for $5000, and only one-half cash, which is positively as safe an in
Testment opportunity as it is possible to find. It's not a gamble it's
absolutely certain. Besides and that's quite an advantage, too
you can see tne value with your own eyes. That's something that you
can't do in stock speculation. Phone for full particulars. Wain
1177, A 26:.
Wheat Shipping. $1.6031.62: milling,
fl.fWts01.6TH.
Barley Feed, fl.37H61.40; brewing.
fl.451.52ts.
Oats Red. $1.42 ifi 1.55; white, $1.5244
1.65: grays. fl.iMISl.62H.
Call-board sales:
Wheat No trading.
Barley May, $1.35; December, $1.14
1.14,.
Corn Large, yellow, f 1.62 ii S 1.67 H-
Wheat at Tsmms. '
TACOMA. 'March 26 Wheat Unchanged.
Prices paid by exporters: Blucstem, 84c; club,
82c; red, 80c.
Coffee and Sugar.
NEW" YORK; March M Coffee futures
closed steady, net unchanged to 6 points
higher. Sales were reported of 60.750 bags,
including May at 5.75c; October. 5.85c; De
cember, 5, 05c. Spot, steady; Rio No. 7, 6c;
No. 4 Santos, 8tfc6Vc; mild coffee, steady;
Cordova, 10H13t4c
Sugar Raw. firm. Fair refining. 3.86c: cen
trlfugal. .P4-tft. 4.3c; molasses sugar. 3.61c.
Refined, firm. Crushed, 6.10c; powdered, 6.50c;
granulated, 5.44JC.
Thomas Pooley. 86, of Claremont, N. H.,
acknowledges that he made a mistake In
npyer marrying.
D0WNING-H0PKINS CO.
, ESTABLISHED 1SSS
BROKER S
STOCKS - -BONDS-- GRAIN
Boucht and cold for cash and on martrfii.
Private wires Rooms 201 to 204, Couch Building
Telephone MSS.
A2237.
6
FIRST MORTGAGE
BONDS
Safe an Gflrrrsmeat's.
FRANK ROBERTSON
Falling Bldnr,
TTilrd and Waah. Sta.
FOLLOW LAWSOEfS ADVICE
ME WHY
ASK
1 1 1 1 i r
CHAMBER OF COMMERCE
3-1 II II l
September ... .7l .7 .so
CORN.
May 7' Ji7 .0iV,
July .u-', .i4s
fcitmber ... .O..1 .as ,u'U4
OATS.
.74
.14-
H. W. LEMCKE
March 27, 190S.
May. old 54'i M ..M'