4 research outputs found
Stochastic modelling of financial processes with memory and semi-heavy tails
No full textThis PhD thesis aims to study financial processes which have semi-heavy-tailed marginal distributions and may exhibit memory. The traditional Black-Scholes model is expanded to incorporate memory via an integral operator, resulting in a class of market models which still preserve the completeness and arbitragefree conditions needed for replication of contingent claims. This approach is used to estimate the implied volatility of the resulting model. The first part of the thesis investigates the semi-heavy-tailed behaviour of financial processes. We treat these processes as continuous-time random walks characterised by a transition probability density governed by a fractional Riesz- Bessel equation. This equation extends the Feller fractional heat equation which generates a-stable processes. These latter processes have heavy tails, while those processes generated by the fractional Riesz-Bessel equation have semi-heavy tails, which are more suitable to model financial data. We propose a quasi-likelihood method to estimate the parameters of the fractional Riesz- Bessel equation based on the empirical characteristic function. The second part considers a dynamic model of complete financial markets in which the prices of European calls and puts are given by the Black-Scholes formula. The model has memory and can distinguish between historical volatility and implied volatility. A new method is then provided to estimate the implied volatility from the model. The third part of the thesis considers the problem of classification of financial markets using high-frequency data. The classification is based on the measure representation of high-frequency data, which is then modelled as a recurrent iterated function system. The new methodology developed is applied to some stock prices, stock indices, foreign exchange rates and other financial time series of some major markets. In particular, the models and techniques are used to analyse the SET index, the SET50 index and the MAI index of the Stock Exchange of Thailand
Estimation and Simulation of the Riesz-Bessel Distribution
No full textIn this article, further properties of the Riesz-Bessel distribution are provided. These properties allow for the simulation of random variables from the Riesz-Bessel distribution. Estimation is addressed by nonlinear generalized least squares regression on the empirical characteristic function. The estimator is seen to approximate the maximum likelihood estimator. The distribution is illustrated with financial data. [ABSTRACT FROM AUTHOR] Copyright of Communications in Statistics: Theory & Methods is the property of Taylor & Francis Ltd and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts
Long-Range Dependence of Financial Time Series Data
No full textThis paper examines long-range dependence or longmemory
of financial time series on the exchange rate data by the
fractional Brownian motion (fBm). The principle of spectral density
function in Section 2 is used to find the range of Hurst parameter (H)
of the fBm. If 0< H <1/2, then it has a short-range dependence
(SRD). It simulates long-memory or long-range dependence (LRD) if
1/2< H <1. The curve of exchange rate data is fBm because of the
specific appearance of the Hurst parameter (H). Furthermore, some
of the definitions of the fBm, long-range dependence and selfsimilarity
are reviewed in Section II as well. Our results indicate that
there exists a long-memory or a long-range dependence (LRD) for
the exchange rate data in section III. Long-range dependence of the
exchange rate data and estimation of the Hurst parameter (H) are
discussed in Section IV, while a conclusion is discussed in Section V
0001
No full textDAILY PALO ALTO TIMES. MONDAY. MARCH g. 1906.
Sunshine
is what the
Baby wants
It makes him healthy and happy
OUR WINDOWS
are full of Cabs and Go-carts and many
more coming.
Prices range from 3.50 to $30.00.
W. ar. (Ivlng you tb. benefit of r.ry low price, now, lnstwsd of
waltlnx until th. last of th. null.
McKIBBEN-BEAL CO.
Phone
Main 12
222 University Ave.
PALO ALTO
mtrktbl* piece of work. It It a photograph, almost, of tb* sensation
•ach one of na who went through
that dreadful time experienced, and
*o to each reader It will eeem wonderful. On* get* from ber tlmpt*
language a curious impression
shock, a numbed sensation it or t
personal Injury, which la unique. la
all ths ear.bn.uske stories op to now
Done have convered (hi* feeling so
remarkably as thlt tale br Mn. Austin, aod it should receive much
prate*.—Call.
NRW SWITCHBOARD IS
NOW BEING IN-.I-U.rii
Telephone Compear It Get-Jag Its
New Quarters Ready for Oct*.
paswy of Operators.
Erarthquake Vol
ume is Interesting
DOCTOR JORDAN EDITS MOST
IMPORTANT VOLUME ON
THIS SUBJECT.
Doctor Rrsnncr and Others Contribute Valuable Article* Prom
Scientific Point if View.
"Tbe California Earthquake of
l»Ot" tt the most ambitious of an
the £x»k* published on the great
earthquake. It la edited by David
Starr Jordan, which insures fit Ht-j
erarr excellence; and. besides tbat.
Doctor Jordan being a scientist of
known attainments, the artlelee are
Interesting ^nd informing from that
viewpoint, too-
After th* great earthquake
number of article* on the subject
appeared In various msgatlnss. On*
of the** wss of inch trientlflo st
wsll ss general Interest that lh*
publisher of tbl* volume thought It
thou Id be preserved In book form,
and to Induced its author to gtther
other srtlclsi from svsllsbls sources
and make a book. Most of tb* essays chpscn have appeared In mag-
nslnes, tome popular, tome scientific, bot tbe present form mike*
their preetrvttlon permanent and
the Illustration! girt an added Interest.
The opening article It entitled
"Tho Eeerthquik* Rtft of April.
1*61." It Is written by David Sttrr
Jordan, and, while much geological
Information It Imparted, the attention of tbe layman It held to the
vent, end of the article. Th* author girn a brief bttiorj of other
earthquake* of California which
have proved more or leas serious,
and toochts upon sll tide* of tho
question, closing by quoting the
word* of William H. Hall, th* engineer of Ban Franciaco:
"Tb* earthquake haa put a definition on the word "sham.' which
seemt positively cruel. It hta es-
tsbllibed s vtlue on the solid foun-
dttlon aad genuine superstructure.
which It Indeed ennobling."
To thlt Doctor Jordan add. that
It would redound to the moral and
spiritual elevation of any community
to be enured of a tmart shock or
temblor it Interval*, and of a real
earthquikt one* ln each generation.
It doe* eeem like pretty eevere
medicine to give a city once In a
generation, bnt after a few doses
perhaps posterity would not need it.
Professor John Csiper Brenner
oontrlbotee the second article, entitled "Oeology and Earthqutfcee."
He answer* a number of questions
at to ths csute and effect of earth-
quakea (one may tar the latter
The Pacific Telephone A Telegraph Company It having ita operating room on the second floor of tbe
Ptrst National Bank building fitted
np for occupancy.
nee; mahogany iwttcbbotrd is
being Installed and tbe system is being chtnged from txprtat to common battery. This will give * much
quicker terries, at the operator can
tell br tbe lighting of tiny bulbs on
th« switchboard wben a call It received and answered.
The company Is putting In tbe
most effective modern equipment
tbst money will purchase, snd tbe
local offlc* will b* In the beat pos-
tfae bay of Ssn Frsnclsoo sa It* center."
Tbe author was appointed upon
the California earthquake investtgs-
tion oommistioo by Governor Pardee! «Jble shape to **rv* th* 1.100 pat
Imni-dlat-.ly sfter the earthquake, root connected with tblt exchange,
and bat therefore hid ace*** to all u It not r*t known how toon the
th* Investigation papera and lufor-j office will be ready so that tb* op*r-
m*lion by hi* brother member* of alert can be moved from the pree-
th* commission, a* well ai doing In-: sot quartet* on the Circle.
dependent worth HI* article will be! ,
found very latere*.log to til reader*. Ho|d o* Rome Sapresne.
It is written in a styls easily under- The twin evils of American social
stood by the ltytnan. but filled with; Hf« are Intemperance and boarding
tclentlflc factt and statistic*. It oov-.hou#M< 0f tt# twtM u,. Hcopj.
era the whole field of earthquake, bora may be the more destructive of
damage—building, streets, water-, th, „,, domeetidlr apon which hap*
malm, roadways In Ut country., phMm ot famlllet and perpetellr of
railroad tracki. etc.. and show, the \ rspubllc depends. The tblrd ptrty
approved method of Improving the _whlCh w „, a«rsttsry or unnec-
bsd work. It It quite the longest, „.„„. ln pouuc .ftura-i. . dan-
Article In the book, comprising st It ferotlt „„t to w bomt -_,
doe* at least a tblrd of the volume.' boarding boutet thtre are dotent of
| but It It none too long, and In It will; thtrt -_-,--,„, ,-., uM Uw guest
be found more Information about i nnm „ oyr ,ort,athera quaintly
earthquakes than would eeem potel-;^,^ lt_u - -^-^^^ -4*. I( „
be for one tingle brain to possess, vn>tJt)TiT „„ , urrylng place. The
The chairman of the Invsstig.tlon , tp.rt*,snt hooM__a stationary
commlaalon. Grove Karl Gilbert, ttoeplBI «r--U tn abomination
eontrlbutt. th. pest teaar. "d _^ p-^,, by (b, ^^^ of
gtvta valnablc Information on much -Rie*
toundadytee. Among other bit. or The Ideal republic—agalntt which
good tdvlee,«n. msyread (hat the no .torn, of passion or of part,
public should "fully heed tb* coun- rtrt-# mr ,rer pf,¥„l_h„ for lu
tel of thot. wbo maintain that the BOtto. -o^ „„. one_ _.,-,_
new city should be etrthqutke whol(l houjK. for , hom, „ .„.-.,,,-,
proof. Furthermoea, the author, or „_ap# ot ^ bow ,„ of mn
tart that while eu<ne Will run *wtr |mporUnce. Tb* one-room cabin.
UWt OF WBt ~
Ta* Cede That Oeverae Hset-UeJee Bs*
tarMfi CIvllLeed Natieen.
Tbs 'law* of war" ta at pnewal tor
m mated by ths dvUlsed oatlona forbk
the est of poison agslatt the ea*my
murder by trsscfasry, ao, tot *xampl*
aasumlng tbs uniform or (Uaplaytni
ths flag of a fos; tb* murder of t_u_H
wbo bars surrendered, whether opoe
condition* or tt discretion; dectai*
tlon* tbst no qoartar wtl] b* glvsa ti
sn sD*mr; tb* use of eoch ana
projectile* a* will cause unnscsa
pain or suffering to so enemy: the
abu** of t dag of truce lo gala lnfor
mattoo concerning an enemy's post
(loot, ill --necessary d**truct_oo
properiy. wbetberpobtlc or private.
Tbey site declare tbst only forttte.
piacss shall be besieged. op*a cltls* ot
village* not to be subject to slegi
bom-ardmeot; tbat public buildings <*.
wbttever character, wbstber belonglnt
to churcb or state, shall b* epsted
tbat plundering by private soldier* «
tbelr c-C-ers shall be considered load
mlsalbte: tbat prisoner* shall bs trsst
ed with comiuoo humanity; thst tin
personal effect* tnd private propert}
of prtsuuers. excepting tbelr arm* anc
a in muni tlon. shall bs respected; thst
th* population of an eoemy** countrj
sbsll be considered tztmpt from par
tlclpitlon lu tbe wgr unless by hosUl.
seta they provok* tbe III will of tb*
*n*my.
Fereooal and family booor and Ux
religious conviction* of an Invade,
people must be respected try the lo
vtdeis and til pillage by regular troops
or tbelr followers strictly forbidden
GOT HIS OMELET.
from the city for i*ar of another
with dirt floor may be aa full of de-
r*'"*^othw"wtn ntntn toi,ob ■■* ««»»' »»ppt*"«
from building for■*^llk. rw.. tb*(tb, brown «„„, man_|on of M
c ty will grow snd flourfh any way. bundr<Ki ^^ wlth aBfl h rt.
It tt encouraging to the week and wood fioorw
wavering to read thlt: [ ^ plODttm wbo butIdwl bro,d
"The deetlny of Ban Prancleoo and deep foundttlont of present-day
depandi op the capacity and securf- civilisation, htd homes In the wii-
tT of Its htrbor. on tbt wealth of the derness with wolVe* and wild
country behind tt .and on It* geo- beaate without the close-barred door,
graphic relation to the commerce of it u left for a later, looser, luturt-
tbe Pacific. Whatever the earth-j out generation to unbar the door „
qutke dinger may be. it Is a thing and admit the wild bsaata to dwell thtt. desired to tte blm: you. Frist*,
to be dealt with on the ground by within. Tbe home gives place to the) -*-" "-J" _-*-*»*-i »■*-" •» loot Ben Jo*,
skillful engineering, not avoided by 1 modern boarding house, the rough
m«ht'" ieitertor with the tweet kernel at its
Ths reading of a few wordt like: core to tbe polished veneering with
that written by a scientist have'dust and dryness at Its
more weight with some people than; Santa Ana Regtetsr.
hour* of talking, and tend to en-
courage the trembling and hetlttt* •_■__ ______
Ing oust. Ths article It well done! »>emlng-ftaaa.
from a literary point ot view, too.i MlM *"*rtha A. Foat. Stanford '06,
Why Ons Msn Cass*. Trying ts D<
Fun.-.- With Wsit.r*.
"!*▼• o*rer triad to be funny with s
waiter, ■ the traveler waa saying
'since tbe time wben 1 bad t little tx
pertence with one In California. It wa*
aeveral year* ago, and I waa tattm.
free!..' I stepped Into s restaurant
ons morning snd ordered *n om*l*t.
■ *Wh*t kindr asked lb* waiter.
" "Why. srs tbst* mors kind* thsn
eo*r IsaaL
"•Oh. ys*. tlr.* be answered nt*;
there ar* severs!.'
■ Well, bring m* an ostrich sgg ome
Mt1
"'Alt right, sir.' be said, 'but yoe%.
hive |» wtlt quit* awhile. It takes s
long U-Os to inak* an ostrich sgg ome
Igi'
"I told blm 1 bad plenty of time. II*
went *way and wts gont fully tn
boor. Then be came back with a big
* s**ees s
is**********-* eeies
This Newspaper
Gets There
Are YOU In It?
Boiler retm-ss for -J—-'*--i
yon eaa get throagh aay other
For Sale—GeaUe driving horse,
ISO. Addrst* Box X. Times offlee.
7-lw"
For Ssle—Cheap; hone, surrey
sod barntss; fine fsmlly oatflt In
flrst-claav condition. Address Box
Si, Menlo Psrk. 7-»t-c
Pumlturs bought tad told by W.
p. Pennebaker. Ill Sm*r*oa *tr**t-
PbsM Whit* «»T. \94t
Tie" only branch ta Pal* AH* *C
the F. Thomas Parisian Dye Works.
ST Tenth street. Saa Francisco, It at
III Dnlv*r*lly avenue, at the Thrs*
LRU* -Taller*. L- J. Bloom i
Phea* Black 111.
*s »*•*■♦* »»«.»»♦«» e« sssees
WANTS
CLASSIFIED.
*♦♦♦■»♦_-»** ♦♦♦♦♦^-♦♦***»
RATES
One Insertion ■.
Two tn**rtloa* .
Three Insertion*
Four Insertions .
Five lssertloBs .
Six Insertions . .
Ons month
tic J
10c
I.c
«0e
tic
10c
...IMS
-Eech month following. .11.00
•_*-♦*
Wanted — Chimney sweeping,
whitewashing and general housework. Address J. T. Morgan aad
D. W. Wagner. Ill Lytton avenue.
tb-iw»
Wanted—Girl to learn draeamak-
Ing. Apply IIS Unlvsrslty tvsnus.
Wanted—Good, sober. Industrious
young man wants a place in private
family. Apply M. Thomas CI4 Emerson street vj-31"
"There you srs, tlr,' bs said, placing It b*for* me end uncovering It
"Well. It was sn omelet, sll right
■ nd big enough for bilf a doses men.
Whether then* wss in ostrich farm In
th* oeighborbood and be get a real
ostrich cgp or wbstber be made II
trvn a couple ef dosen bees' egg* I
doof know, bet 1 distinctly remember
that It ce*t me 18— and 1 learned i
ni-tittle lesson."-Youth's Companion
An O'd Jek*.
My Lord Craven. In King Jatow
First's Helen, wat very desirous tu
tt* Ben Jousun, whlcb being told to
l_-n, be went lit my Lord's House; but,
bttag le ■ very tttt*r*d Condition, a*
Pi-et* temetlmet sr*. tbt Porter t»-
fut'd him Admittance, with soma
tanwy Lsngutge, which the other did
not rail to return. My Lord, bappa.**
lag to com* out while they wst* wrangling, asked the occasion of It Baa,
who atood Ln need of no-body to tpeeh
for him, said, be understood hM Lot<V
Wanled—Japanese boy wishes to
do any kind of work for an hour or
two In the morning before 4 o'clock.
K. I. ' Phono White t>01. SOS University avenue. i-3t*
yam aad wwoieeewas. Del
Bafcaty.- T%omo Earte At Oo_, Mjstt
17, e* ■■-lit A RhodesL Maa* 7S.
Chamberlain's Pain Balm relieve*
rbeumttic paint aad make* sleep
and rest potalble, which slone tt
worth mtny times Its cost B. F.
Crocker. Esq.. now 14 year* of eg*.
and for twenty years Justice of the
Pete* at Martlntbnrg. Jows, says:
"I am terribly afflicted with tchtlc
rheumatism In my left arm and right
hip. I htve need three bottles of
Chsmberltln's Psln Balm and It
did me lott of good." For tale by ths
Esgls Drug Co.
Dally Timet, 11 cent* a week.
Southern Pacific
Time Table.
(In effect February 9. 1101.)
Toward Ban Frandtco—
No. II
No. If (Valencia).
No. If (ax. Son.)
No. tt
No. 41 (ex. San.)
No. «l (ex. Bun)
Np. 41
No. tl
No. 17 ,
No. (I
. S:I0 a. m.
. S:6t a. m.
. 1:41 a. m.
. 7:11 a. m.
. 7:11 a. m.
. 7:47 a. m.
. t.JS a. m.
. t:tl a. m.
.11:94 a. m.
..11:11 p. m.
For Rent—Fine furnlthed 4-room
flat. Inquire 704 Bryant. S-SO-tf
For Rent—Up-to-date furnlthed
flit of four large sunny rooms;
No. IS 3:03 p.
No. II j 4:57 p. m.
NO. It 4:03 p. m.
No. II 7:41 p. m.
From Bsn FVnodsoc*—
screened porch, bath,
modern conveniences.
Unlveralty avenue.
and all
Apply SSO
S-l-tm*
For Rent—Four furnlthed front
roomt. tingle or entulte; gentlemen
preferred. S4S Homer avenue.
S-l.-Im'
For R*i_t—Two tunny furnished
front roomt, wltb board. C. L.
Place, lit the Circle. :.-rf
For Rent—Two housekeeping
roomt; also large furnished room lor
gentleman, II per week. 11. Everett avenue, l-SS-tt-c
whlch alvee an added pleasure to W4U toarried at Honolulu on Fobrn.
the reading. *ry -lh to David T. Fleming, wbo It
The article br Stephen Taber u|lD cu*ntv of tbs Msul agricultural
called "Local Effect! on the Ctll- Vlantatlon
fornla -Earthquake of ltM," and Mrs. Fleming la the daughter of
devotee Itself principally to de-; Mr. and Mrs. J. C. Poaa of 32* Era-
tcrlpllon of various pbsnomens of ereon street. She made fhe as-
the earthquake. Some excellent 11-1 quatntsnee of Mr. Fleming during
lustrations and maps sr* used in * year's visit la Hawaii shortly af-
thls srtlcle.
F. Omorl. 8c. D., member of tbs
Imperial earthquake Investigation
commission of Toklo, Japsn. ta too
wsll known to need much Introduction. He contributes tbe next easay.
calling It -preliminary Notts oo tb*
Cauaee of tbe California Earthquake
of ltoi." Having, at one may tay,
been brought up on earthquakes.
what be has to aay at to their
causes In general and this one ln
question la easier to answer) and a particular, is very Interesting. R
number of Interesting picture*, will be remembered thtt he practl-
moetlr from th* Santa Clara valley. r*>.T predicted the earthquake of
are ueed to Uluttrate the artlcl*. Valparaiso lo August, 1991. to that
Th* next article, by Charles Der- bit studies sad conclusions should
leth Jr., associate professor of struc- liar* weight He. too. gives the sd-
tnral engineering at tbe University vice that buddings must be made
of California, la called "The Deatruc-' ttrong enough to resist earthquake
tlve Extent of the California Earth-, thoeka f tnd he addt that that is a
qneke. Its Effect Upon Structures problem which present* no great
aod Structure! Material Within the! difficulties.
Earthquake Belt," and wa* written; The article by Harold w. Ftir-
eepeclally for tblt book. It It one banks, Ph. D.. is rsprlnted from the
•f the most InteretUng of all the or- bulletin ot Ihe California phyalcal
tar leering the university.
Sailor* Will Stop at Stanford.
According to reports la tb* San
Francisco papers, the committee on
sightseeing for the sailors of ths
fleet will have an excursion stop tt
Stanford. The committee states that
tbey wers asked by Stanford to have
the men atop bere long enough to
witness tome athletic sport"., but
tbey could not promise tblt.
(tiamberlaln's Cough Remedy ts
Roth Agreeable * and Effective.
tides, and some of the figures he
gtvte sre vsry turprlilng. Re tsyi
that "ths important destruction to
engineering works occurred in a belt
about fifty milt* wide snd nearly
' three hundred miles In length, extending along the Pacific coast, with
geography club, and le a description
of the condition found throughout
the length of the fault Thlt tt followed by a personal narrative by
Mary Austin, called "Th* Temblor."
The very timpiicity of her narrative
and the abrupt ending make It a re-'tale, by the Eagle Drug Co.
Chamber!sin's Cough Remedy hit
sot, iwply-d lbs other. No, do, quoth
my Lord, you cennot be Ben Ji
who wrote the Silent Woman, yoo look
ta if you could not tay It-- to a
Be. cry'd Ben. Very well, tald my Less.
wbo wat bstter pleat'd at -bt
thst. offended tt the Affront I am
convinced by your Wit yon .ate
'Joe Miller's Jest Book.- 17m
A WM* DletisMtlsn.
MalU.y tnd Mlks Cslrey a
* meg. "Barney.** Mtk* i
id, removing a bunch of thlngle sens
from -ts month and tettitng back e
fertably. "what It Che dLffareoca
twweo sstteflwl aigf cooteotr
The d-ffereeee 1 Bora, tber*** Ml
answered Barney. "U you'r* sett*
yoorTs content, snd If ye**** ee*_t
yee't* aetlsfled "
Thst wat my opinion, too. Burner,
toe bay, op to now, bnt tt ttroek
todden-llke a* I pot tbat hut nail tn
that I am aatltfled. til right thtt Mtfty
Caber ■* tor wif*. h*t I am tetwsd
wr* I am not content!"
SQtsrtsta-Bg
tbout 100 people st s recepdon and
hsd provided only sbeet serewty-tee
teats. In datpatr ih* tald to a eaae-
petriet: "Oh. 1 am ao dtetresstdl Not
three-fourth* of th*
my soul.
'■ Whsl's tbs
madam!" a* a*>
Cltlmed.
tbtmr
The Martial *s_rt*.
"Wben yoo go Into battle,"
no superior for coughs, colds and human analyst "do you feel your heart
croup, and tbe fact that It to pleas-! "•*«• wlth &o*uilty toward the foe or
ant to take and contain* nothing tn *?*• SLggT m__ n_—
any way Injurious haa mad* It a! m2%n*S_I^? «T _Tl_7.t
._ ._ ... __ i pert in time *m war ws Mai svt_t
ftvorlte with mothers. Mr. W. 8.1 mere resentful toward ths tos than
Prihsm. a merchant of Ktrktvllle.j we feel towsrd our rtrsl twmIt -it tn
lows, sty.: "For more thsn twenty! time of pesee."—Wathtagtoa iter.
year* Chamberlain'* Cough Remedy! ■*■
hat been my leading remedy for all' A tAwdy la D\m*mwiwm-
throat trouble*. it It eepectaltyj "t*0"11'. °°w -*™* * P**«t •« *»--*»
tuccessful lo case* ot croup. Child-! "J** 2TS .__.
I want i bis niece, hot d_asrv
rsa sad mj- caatomer, who bav. _ _,___ ^fTmm"
ueed It will not Use Bar. other." Par '
Por Raot—Furnished ol unrur-
BWied rooms for bous.ke.pl_t:
.■loso In; rata, reasonable «66
Hamilton &v»ooe, P.lo Alto.
. 8-18-lm-c
For Rent—Lam. Bloslr famished
front room; suitable for two. Csa-
trallv lorated: rent rsssoBShls. Ap-
ply 681 Emerson street. 6.6t*
For Rent—F-urnlshcd rooms. 38T
Emetaon street. (-Iw*
No 81
Na 11 I
Ko. t<
No. 88
No. 18
No. 86
Na. 64
No. 16 lei. Sua.)
Na 48 (.x. Sun.)
No. 60 ,..
No. 14
No. 18 Los AaaalsB ex. (:68 p. ay-
No. (0 11:17 a m.
,e.,,..,,,,,.......,
.. T:(l a aa.
.. 8:88 a m.
.. 1:11 a m.
..If.b p aa.
.. 1:11 p. m.
.. 6:18 p. m.
.. 6:I( p. m.
.. 6:00 p. aa.
.. 1:11 p. m.
.. 1:46 p. m.
T:>4 p. aa.
Collars and Cuffs.
Domestic
Finish
Stanford Laundry
Oor. Ba_*on* strsei and Irate*
•tone. Telepbcsse Red 01. ■
PALO ALTO.
For Ssle—At co*t. artistic bungalow of six roomt. C. I. Place, ill
Ctrele 14-tf
For Sal*—Lots tn th* Seal* tract
Choice location. C. L. Place, 111
Ctieie. 14-tf
For Salt—Lett In Stanford Park.
Sewer, water and shade treet are
being pet In. C. L. Place, u_ circle. ____________ l*-tf
For Sale—Two White Wyandotte
cockerels from prli* ttock at California shows. Inquire at SSI Homer
aveooe. M-lm-c
For Bale—Flrit-elaat red oat*
hay. Ill par ton. Apply SIS Lytton avsoue. j ,-tf
For Bsl*—Wsll ese*on*d ttove-
wood; tlve oak and madron*. I tier*
for a cord, price tl; whlto oas
stovewood. 17. Delivered.
drees Peter Faber. Redwood City.
R. F. D. No. S. l-S-tt.
For Ssle—Safe family driving
horse, bugtry and harness. Call
mornings at 1301 Cowper ttreet.
t-lw-
For Sale—Gentle driving bone.
ISO. Address Box X, Tlmee office.
4-lw»
For Sale—Cheap: dosen barred
Plymouth bena and pullet*, with
cockerel. Thompson's Ringlet and
Arpea Sunset. In prim* condition.
1S4- Webster street, or phone White
S-StAW
I
For Hale—If.. 17-'.-Nine rooms,
extra well built, northwest corner, in
nice location is this pretty college
town. IIS*—Bungslow of three
rooms, well built, ggs, .electric
lights, trailing grapevines, roses tnd
honeysuckle*. (RlOtS.. I can sell
your ranch or town property. Write
me about It. Send for latest Issue
of my country catalogue. Oeorge W.
.Austin. 1018 Broadway, Oakland
-CaL 7-St-e
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ss s ss eeeeeeeeeeee-e* s s s s s ee
Palo Alto
Creamery
x-UBPHO-m jom .ai.
...............
Phon. BlMk (I.
KMldsne. Phon* Wblt* 1(1.
F. J. Comerford
HORMBBoenio Ann
WAOON MAKINQ
111 Brrant Strsst.
». O. Box IT. rate Alia. CaL
MEATS
Stanford Meat Co
8M* t'Blver_.rv Avesse.
Frcdiflili every rritar
>^ I -
