Newspaper Page Text
From Mines and Oil Fields
NAVY NOW BURNS
OIL FOR A FUEL
Battleships Are Equipped with
Appliance Giving Advantage
Over Other Powers
LIGHTENS LABOR OF CREWS
Departure to Petroleum Removes
Disagreeable Coaling Task
and Reduces Expenses
According to a dispatch from Wash
ington the American navy has started
to use oil for fuel. Several of the
battleships have already been equipped
with oil burners and others of the fleet
Will be equipped in the near future.
This advance on the par! of the gov
ernment follows In the natural order
of things, ivhen petroleum is being
mined in such quantity as to make it
a cheap fuel, not only when purchased
but when handled in the battleships.
By the adoption of oil the navy will
eliminate from the labors of th< crews
the unpleasant task of loading or coal-
The dispatch says nil the new battle
ships will be equipped with oil tanks
and burners, and will therefore be
prepared to burn oil under their boil
ers. This equipment will be In addi
tion to the coal burners, so that either
fuel can be used at pleasure. If the
ship be in waters where oil is the fuel
in common use the oil burners will be
used, and when in waters where coal
Is the fuel coal will likewise be used.
Fifteen destroyers which have been
contracted for will burn oil exclusively.
Some time ago when the government
experts were on the Pacific coast they
made a report on the oil situation here.
At one place they said it would be
necessary for the government to have
in storage at all time on the Pacific
coast 12,000,000 barrels in order to ade
quately supply the needs of the navy
and have sufficient In reserve for any
ENOUGH IN CAMFOKNIA
This quantity of oil seemed a pretty
large supply above ground at that time,
and that was only cix months ago. But
wonders have been wrought in the oil
fields since then. The L-nke View
gusher alone has shown that there is
enough oil not alone for government
use but for all other purposes by just
drilling for it. The transportation prob
lem has in the past several months
caused some to become uneasy as to
the outlook for oil. This apprehenfion
was due not to the probable reduction
of the demand, but simply because
■the oil was above ground, in plain sight
and not moving through the pipes to
Tt is, however, the settled belief of
the best informed that with the con
stantly growing demand in all branches
of the industry there cannot well be
an overproduction, the only fear felt at
present resting wholly in the problem
of transportation. This transportation
problem, it is safe to say, will be solved
to a great degree before the dawn of
another year. Lines are now building
and other lines are being planned and
the market at the other end is receiv
ing additional strength despite occa
The Washington dispatch, while its
contents is not news to oil men, will
undoubtedly tend to swing business to
the industry and make potent any con- i
fidence that might be wavering.
The dispatch in part follows:
PLACES V. 8. AT ADVANTAGE
"The naval experts of this country
figure that the use of oil will place
the United States at a decided advant
age over other naval powers. This
government possesses extensive oil
fields, which are well within tho in
terior and which nre likely to remain
in the hands of this country, even If a
foreign force should effect a landing.
The great advantage which the ex
perts expect from the use of oil Is that
the fuel reqnired for steaming a given
distance will weigh much less than
formerly. This means that a battle
ship can be given a greatly enlarged
cruising rndius. and that some of the
•weight which has heretofore been de
voted to coal can now be given up to
nrmor and armament. It Is estimated
that the 400 tons of oil carried by the
new Delaware will increase her steam
ing radius not less than 1000 miles.
"T Tp to this time, the thought of the
naval experts has been to us.- oil only
ns an auxiliary supply. Provision for
its use in this way have been made
on the Delaware, the North Dakota,
the Utah, the Florida, tho Wyoming
nnd the Arkansas. Both the Delaware
and the North Dakota used oil on
their speed trials, and it Is claimed
hero that its use accounts for the fine
records made by those Bhips. Both
of them did better than twenty-one
knots an hour. When the time came
for the ships to speed up the oil was
turned on and thu ships were driven
along at a uniform speed which would
have been impossible v.lth coal as the
The oil which is used for battleship
fuel Is neither the crude petroleum nor
kerosene. It ia the fuel oil remaining
after the illuminating oil has been re
moved. The Delaware is able to take
on oil at the rate of 240 tons an hour.
The 400 tons, which marks the oil ca
pacity of tno Delaware. Is equivalent to
about 160,000 gallons."
GOLDFIELD ANNEX SHAFT
APPROACHES RED TOP VEIN
GOLDFIEL.D, June 14—The shaft of
the GoMlWld Annex lease is close to
the 900-foot point and three shifts will
continue to push it down at a I
rate with power drills until it peni -
trates the Red Top vein between 1000
and 1100 feet in depth. It In be]
the han^inf? vail will be reached m
about 1025 feet.
From the new level that Is to be es
tablished when the vein has been pen
etrated extensive lateral development
•will be done to open the nr.; which
Is expected to l;.- encountred.
The Annex lea< ■ h about 700 fei tln
length on the Poleverde claim along
the ea^t side line of tho (,'lermont
and there is good reason to < jxprct
some important developments within
this territory at the objectll c depth
that is now beinp sought.
<S> skiv YORK, June 14.— Lead, ■pot, <♦>
Z PBK.V, #1.4. r>@4.so. Copper— Mfuli; MjMit 4
<J> ■tamlnrd ood July, *firstname.lastname@example.org. Silver, <g>
*• 63 :!-«<■■
<£$■$$»s■■s ♦$■<$•$-s>s $4<H> ■^^•^■«>
PLACER DUST ON RIGHT
OF WAY INDUCES SUIT
FOR DAMAGES BY WOMAN
AUBCRN. Cal., June 14.—Suit Involv
ing m unique point In low wag begun
yesterday when Mrs. I)..nn» Boaumont
brought an action a«atnst the agents of
the Central Tactile railroad to compel
them to reimburse her lor pay gravel
found in a right of way she had sold to
She asks for $56,000, claiming that
gold wa« fonnd In the digging! on the
property at the rate of 111 per ton, and
that when »he sold the land to let the
railroad through she did not agree to
part with the valuable minerals that
are to lie found on It.
Exclusive dispatch to The Herald by L. A-
Crisler & Co., members of Los Angeles stock
exchange, 200-iOJ 1. W. Hellman building.
SA.N FRANCISCO, Juno Nevada mlnlns
stocks were quiet and had a mixed tone on
the local exchange during todays session.
Consolidated held the center of the stage
_.._ »-.» ar.i dose:! Etror.s witb * E»ln
of 15 points to its credit. JS.9O being bid.
Fraction was up one peg, while the balance of
this division remained unchanged.
In the Tonopah list, Belmont recovered 6
points. West Knd 8, and Jim Butler 1. For
Tonopah Mining JS.SO was bid with none In
In the outside districts 49e was bid for
Round Mountain and 6Sc for Pittsburg Silver
Following wore the closing quotations:
Bid. Ask. Bid. Ask.
Adams 1 Fr Moh 2 4
Atlanta 11 i- Gold Con ....S9O S!>s
Booth 15 16 Kewanas .... 5 6
B B Exten.. .. 1 Great Bend .2.8
Blue Bull ..4 6 Gt Bend An .. 1
Blue Bell ..1 2 Grandma 2
B B Bon 1 Jumbo Ex ... 19 21
Col Mtn 7 Kendall 3
Conqueror ..1 2 Lone Star 2
Comb Frac. 60 61 Lou Dillon .... 2
Crackerjack. 1 2 Oro ..| 7 8
Daisy 6 7 Ret! Top Ex. 1 2
Trlniißle 1 Red Hills ... 3 4
D B B Con. .. 1 Sandstorm .... 4
Dixie 1 St lives 13
Empire 1 Silver Pick . 6 S
Florence 217' i 229 Yellow Rose.. .. ' 4
Flor Ex 1 Yellow Tiger. 6 ..
Hid. Ask. Bid. Ask.
Bolmnnt ....a-:. 390 North Star .. 6 f">
Jim Butler .2» 30 Res Cnn 5 6
Midway "7 .. Ton Mining..BSo
Montana .... !>6 97 Tonornh Ex.. 86 90
MacNamara. 27 .. Wst End Con 67 DS
• BULLFROQ DISTRICT
Bid. Ask. Bid. Ask.
Amethyst 1 Montsom Mtn .. 1
Bullfrog Mm .. 2 Mayflow Con 3 4
Bullfrg N B .. 2 Tramp Con ..4 6
Bonnie Clare 6 8 Val View 2
Bid. Ask. Bid. Ask.
Little Grey.. 1 2 Mustang 1 3
Man Con ... 3 5 Seyl Humph. .. 1
Man Mln 1 Thanksgiving. 3
Man Dexter. 4 6
Bid. Ask. Bid. Ask.
Eagle's Nest 3 6 Pitts Sllv Pk 63
F'view Eagl 17 .. Round Mtn... 49 60
Nev Hills ..105 .. Coalition .... 22
BOSTON MINING STOCKS
Special service to The Herald by J. C. 'Wil
son, 213 Weot Fifth street, Los Angeles.
BOSTON, June 14.—The feeling tonight is
rather more optlmUtlo. The wnola market
wua extremely dull, but the wave of llquida
ti< "i has passed and prices se^-m to have au-
Justed themselves to the new conditions.
Prices closed as follows:
Bid. Ask.l Bid. Ask.
Am. Pneu... 6 Michigan ... 4'i 4%
do pfd ... I*l4 17}s Mohawk 47} i 4SV4
Adventure . b% .. Nev Cons .. 19 UK
Allou.z 39 North Butte. 26V4 IM4
Atlantic .... 6?i 7Vs Old Dominion.. 32Vj
Arcadian ... 4Vj ■• Osceola 130 132
Ariz. Com.. IB 1514 Parrot 13V4 14
Apex 34 3% Quincy 70 73
Boston Cons. 35 2'i Santa Fe .... I*4 2
Butte Coal . 17v; ISI4 Shannon. ... 101 t lu'4
Cal & Ariz. D 3 64 Shoe Mchy . C4Ti 65
Cal & Hecla.sso 800 do pfd 28% 29* i
Centennial . 15V4 17 Supi I Cop. 40 41
Cons Mercur .. 11 Sup & Boston 914 '■•"♦
Copper Bng. 60 6n% Sup & Pitts. 1"T« 11
Corbin 12V4 13 Swift 10S14 104
Daly West . S 814 Tamarack ... 46H 46
East Butte . 71i 1\ Trinity 6 6
Elm River . 1 I*4 United Frult.l9o 10114
Franklin .... ll'i 11»» U S Smltg.. 30',i 89%
Oranby ?S 39 do pfd .... 49 49' i
r.rocne Can. 7% 7*i Utah Cons . 20H 211.
Hancock ....17 17% Victoria 3 3U
Isle Royale. 17 17Vi Winona 7 7*4
Keewenaw .. 3<4 4 Wolverine ..110 114
Lake DOV4 6"H Wyandot .... l3i 2
La Salle ...11 11 >4 Mass Gas .. 82>i 8214
Mass. Copper 7Vi TV do pM .... 91 52
Mayflower .60 75 |N*orth Lake .10 10H
Mcx Cons .. 1 Indiana ICVi 17
Miami 19% 2C»;
NEW YORK CURB
Special service to The Herald by .T. C. Wil
son, 212 West Fiflh street, Los Angeles.
NEW YORK, June 14.—Following were the
cl- -ni- quutati
Bid. Ask.| Bid. Ask.
Am Tob ....4-T. 433 Maaon Valley 714 7V4
Bay St Gas hi ?i Miami 19ii 2014
Chicago Sub 2 2Vi Mines of Am 65 66
Havana Tob 4 8 [Stov Utah ..13-16 15-16
Btand Oil -.010 620 |Nipis»lng ... 11H 11%
Cons Stm Rl7 21 I 3hlo 2 2 1-lti
Boston Cons. 15 JO Rawhide Cltn 23 24
Butte Coaltn 18 19 Rey Central 2'i 2 9-16
Davis Daly. Hi IV4 Ray Cons .. W-; 17
Dolores 6'i 0\ South Utah . 1»4 1%
Ely Ct-nt 8-16 Ii United Cop . E1« 6
Ely Con« ... hi % Yukon 4% 414
Gldfld Cons 8% 818-16GI!a r,u BT4
Greene Can. 7*4 7% Chlno Hi 1114
Oiroux 6T4 7 Cons Arizona IT4 2
Inspiration . 7'i 7Vi Keystone .... 3 3»J
Kerr Lake. 8 3-16 SH El Rayo ...4 3-16 4 6-16
La Rose ... 4% 4'4[
SAN FRANCISCO OIL STOCKS
' ervlce to The Los An.ueles Herald by L. A.
Crisler & Co., memhors T.os Angeles stock ex
cnange, 200-201 1. W. Hellman building, Los
PAN FRANCISCO, June 14.—Following were
today's quotations on the San Francisco stock
exchange ! -Opening- —Closing—
Dld. Asked, 81.1. Asknd.
Aiiociatod Oil ... 60.25 60.60 J0.25 60.75
UrookHhlre 1.90 2-«0 1.95 2.00
Illlnolß Crudo M .r.:> .50 .60
Mascot Oil 2.25 .... 2.25
Monte Cristo .... 3.25 8.46 3.35 3.40
Now Pennsyl .... I-' 1 1.25 1.25 1.27%
Palmer Oil 1.4254 I.«H 1.40 1.42
Premier Oil 1.10 1.12V4 1.12H ll"'i
Silver Tip 2-65 .... 2.65
pales—looo Ni>w Pennsylvania 1.22 Vi; lt>oo
Bame 1.26; 100 Pacific States .60! 100 Palmer
1 I"".- 100 Premier 1.16; 60 Bauer Dough i.:--11
600 S W & B .49; 800 W X Oil 3.70.
Informal Bales —f> Hrookshiro 1.97V4; 150
Bauer Dough 1.90; coo W X Oil 8.60,
CALIFORNIA MIDWAY WELL
NO. 2 IS BEING RUSHED
A. T. Jerglna and Frank A. Garbutt
ot the California Midway Oil company
will leave tonight to visit the com
pany's property In the Midway. Work
la being rußhed on the company's well
No 2, which la now down to i;ooo feet
with lOMi-lnch casing, and which, it i.s
expected, will be *unk to 2800 feet be
fore it comes in. A circulating system
hai been Installed to facilitate the drill-
Ing, and it is believed the well will be
Mowing in wi.xry days and will be fully
:,s if not I" tier than well No. ]
(.11 tin 1 same property. Well No. 3 is
now down 616 feet, but No. 4 Is held up
:i .;.■, ount of tiie shortage of stovepipe
LOS ANGELES HERALD: WEDNESDAY MORXIXd, ,H NE 15, TOIO.
PRODUCTION OF OIL
HEADS STATE REPORT
Eighty Million Dollars Is Value of
Minerals-Gold and Sil
State Mineralogist Lewis E. Aubury
lias *<-nt to the state printer's office
at Sacramento, subject to trilling al
terations' that may be made when
later returns are received from a few
producers who have failed to report
up to date, the statistical mineral re
turns tor California for the year 1909,
exclusive of gold, silver and platinum
ligures, which are being collected by
the United States census bureau.
Leaving the gold and silver out, the
total reaches the great figure of $61,
--324 025. The addition of the precious
metals will easily bring the aggregate
of mineral production for California
in the year 1909 up to $80,000,000 and
probably more. The advance in the
total annual value of mineral produc
tion as compared with 190S will be
about $14,000,000 at least in round fig-
The statistics of the past three years,
Including actual returns and also the
returns and the rough estimate of the
precious metals for 1909, are as fol
1809 '.'.'.'.'.'.'.'.'.'.'.'.'■'■'.'■■■ 80,000,000
The figures indicate a growth since
1907 in annual mineral production in
the state of California of $25,000,000, in
round tigures, which is sufficient to
attract wide attention.
A groat part of the advance of the
year 1909 over 190S may be attributed
to the increase in the production and
average price a barrel of petroleum in
California, find the same factor was
active in causing a great increase in
the figures for 1908 as compared with
those for 1907, when gold was first dis
tanced by petroleum in value as a pro
duct of this state.
The total output of petroleum in
1909 was SS. 101,723 barrels and the value,
as conservatively estimated, was $32,
--398,187. This total is greater by about
$13,000,000, in round figures, than the
total for gold and silver combined in
the year 1908.
California was the first of the states
in the Union In 1908 in petroleum pro
duction. It is now far in the lead.
TO PROTECT OIL LAND
GOLDPIELD, June 14.—About twen
ty men, representing themselves and
others who are interested in oil land
location* at the Salt Marsh, where the
Novada-Bay State company's well is
located, gathered at the camp Satur
day and organized the Oil City, Neva
da, Protective asosciation, whicli will
adopt such measures as may be necs
■ary at any time to protect their rights
from claim jumpers. H. A. Miller was
chairman of the meeting. J. T. Min
chen was elected president of the as
sociation with power to appoint two
assistants for an executive committee.
Those present were: Chester Lyman,
Sim Canman, J. T. Minchen, H. A.
Miller, H. E. McLean, Fred Sweet, John
O'Daniel, Charles Kanafake, William
Monroe, C. H. Barnard, W. H. Lang
staff and Carl Labonge of Goldfield;
F Fremont Reed, E. A. Michael, A. C.
Gould and J. C. Corberend of Blair.
AGENCY AND BANK
TALK OF STORAGE
Proposed arrangements providing for
obtaining loans on oil in storage are
being considered by a committee of
the Independent Producers agency and
representatives of a bank in this city.
The general plan that loans be
made, when desired, on certificates Is
sued by the agency to members show
ing tho amount of oil In storage by
each. Certificates on which loans might
be made would be held by the lender,
but in no case would the agency deliver
to the holder the amount of oil mdii
i It would pay the holder, how
the money reeclved from the sale
of the oil, or so much of it as might
be necessary to pay the indebtedness.
Most of the larger companies and
other operators are building or prepar
ing to build extensive tankage facili
ties, which will enable them to handle
the oil output more economically and
FOR OIL NEAR MINES
BAKSTOW, June 14.— E. A. Edwards
of Los Angeles, an oil and mining
man. much; an address before the
chamber of mines, giving his opinion
that oil men need not look for pe
troleum In a volcanic country—that
good oil fields are rarely found in a
mining section because the radical
changes of earth which bring minerals
to the .surface usually destroy oil de
A company of eastern capitalists
Will soon begin drilling for oil five
miles north of Barstow, on a large
tract of promising territory near the
Gr< en hills.
Hand and gravel bearing strong pe
troleum odor were brought to Bar
stow from the oil well on Kent's
ranch, Cottonwood, 20 miles north of
Barstow. The «ell is down Ii">0 foet,
under the management of the Elslnore
Oil and Qas company.
STRIKE NEAR MONROVIA
SAID TO RUN $18 A TON
It was reported Jit Monrovia yester
day that a lead strike had been made
in Clover Leaf canyon near Monrovia.
It was also reported that the strike
was gold and both reports agreed the
strike ran $18 to the ton.
Marshall Miller of Monrovia is ac
credited with making the discovery.
Information, however, is scarce, it be
ing the belief that Miller and his as
sociates are keeping the strike quiet
until they can locate.
PALLADIUM CO. TO DRILL
The Palladium Investment company
will' beKln drilling on section I<J next
week. This property is next to the
Pioneer Midway, which was B okl lust
week to the Associated Oil company
for $3,000,01)0. The rigs and co-sin* are
already on the ground and toe work
will be done under the dirndion ol
Superintendent Sterns of tho Cali
fornia Midway. The Palladium com
pany is owned and controlled oxelu
sivoly by Frank A. Garbutt, A .
Jergins, K. M. Sheridan and H. T. Ilud
BAN PEDRO, June 14.—Arrived: Bteamer
Governor from Seattle via San Francisco and
Redondo; steam schooner Helen P. Drew
from Greenwood; steam schooner Grace Dol
lar from Albion; schooner King Cyrus,
twelve days from Portland: oil steamer J.
B. Stetson from Portland; achooner Lucy
from Umpqua river.
Sailed: Steamer Goorge W. Elder for Port
and via Ban Francisco.; strain schooner San
Jacinto for Grays Harbor via San Francisco;
■team schooner Olympic for Belllniham via
San Francisco: steam school.,, QrXM Dol
lar tor liedonUo; steam nhMIN Arctic for
Three schooners were added to tlio lleet of
lumber carriers djscharfinf cargoes today.
Th« King Cyrus, dipt. Bosendahl, brought
0 feet for various wholesaler! loaded
at Columbia river; the Lucy, ia;.t. McVlc
ars, 400,000 feet from Unipq.ua for the
Kerckhoff-Cuintr Lumber company; and the
DauntUU, Capt. Johnson, 650,000 feet loaded
at Grays Harbor for the K. K. Wood Lum
The steamer J. B. Stetson, Capt. Sears, ar
rived today direct from Ht. Helens with a
cargo of lumber and ties.
The Bteamer Governor, Capt. Jepsen, ar
rived tonight from San Francisco and Seattle
via Redondo Beach with ll"0 tons of grain
and merchandise for Los Angeles, about
half of which was discharged at Reiloiulo
Beachu The Governor wUI continue down
the coast to San Diego tomorrow.
The steamer Olympic, Capt. Hanaue,
sailed today for Bellingham to reload lum
ber for the E. K. Wood Lumber oompany.
The steamer Georgo W. Elder, Capt. Joi
sen, sailed today for Portland and San
Francisco with passengers and freight for
the North Pacific Steamship company.
The steamer San Jaointo, Capt. Carlson,
sailed today for Grays Harbor to reload lum
ber for Ventura.
The Bteamer Arctic. Capt. Hanson, sailed
today for Hardy Creek via San FranoUco
with passengers and to reload lumber for
The steamer urace Donnr. Capt. Kainin, j
arrived today from Albion and after ills
Charging a partial cargo of lumber niui ties
proceeded to Redondo Beach with the re
Tho steamer Whlttier. Cnpt. Seamen, ar
rived today from Eureka and is loading a
cargo of crude oil for Ventura.
The steamer Helen P. Drew. Capt. Gun
denon, arrived today with 300.000 feat of
lumber loaded at Greenwood and will sail
tomorrow for return to reload.
MOVEMENTS OF STEAMERS
nmers carrying passengers are due from
northern ports via San Francisco and from
southern liorts direct as follows:
Governor. fSan Dlcgo June 16
Charloß Nelson, Seattle June in
City of Topeka, San Francisco June 17
Ilanalei, San Francisco June 17
Banta Kosa, San Francisco Juno 17
Norwood, Oray's Harbor Juno IS
Santa Rosa. San Diego June 19
Roanoke, Portland June 13
Admir" Sampson, Seattle June 19 j
President, Seattle June 21
President, San Diego June 23
Ha-.ialei, San Francisco June 23 I
Santa Rosa, San Francisco June 21 I
Buckman. Seattle June IB
Governor, San Diego June IS
Governor, Seattle June 16
Chehalls, Grays Harbor June IB
J B. Stetson, Portland June 16
t'ity of Topeka, Guaymas June 17
Coronado, Grays Harbor June 17
Ilanalei. San Francisco June 18
Santa Rosa, San. Diego June 18
J. B. Stetson, Portland Juno 19
Santa Rosa, San Francisco June 19
Admiral Sampson, Seattle June 21
President, San Diego June 22
President, Seattle June 23
Hanalei, San Francisco June 24
Santa Rosa, San Diego June 29
Wednesday, June 15 .... 4:03 a. m. 9:57 a. m.
6:09 p. m. 11:47 p. ni.
Thursday, June 15 .... 5:23 a. m. 10:52 a. m.
6:45 p.* m
Friday. June 17 6:32 a. m. 0:34 a. m.
6:16 p. m. 11:37 a. m.
Saturday, June IS 7:26 a. in. 1:14 a. m.
6:43 p. m. 12:12 p. m.
Sunday, June 19 8:18 a. m. 1:50 a. m.
7:08 p. m. 12:43 p. m.
Monday, June 1» 9:03 a. m. 2:22 a. m.
. 7:35 p. m. 1:10 p. m
SAN FRANCISCO. June 14.—Arrived: Steam
ers Centralia, Jas. S. Hlggins, Bandon, Brook
lyn, San Pedro.
ANTWERP, Jane 14.—Arrived: Finland,
LIVERPOOL, June 14—Arrived: Lusltania,
GLASGOW, June 14.—Arrived: Siberian,
NEW YORK, June 14—Arrived: Kron Prin
zess in Cecllie, Bremen.
Sailed: Kaiser Wllhelm der Grosse, Bremen;
Nleuw Amsterdam, Dotterdam; Florida,
Naples; Batavla, Naples.
ROTTERDAM, June 14.—Arrived: Blrma,
SOUTHAMPTON, June 14.—Sailed: Steamer
Bluecher, New York.
TRIESTE, June 14.—Arrived: Steamer
Martha Washington, New York.
BREMEN, June 14.—Arrived: Steamer
Kaiser Wllhelm 11, New York.
QUEENSTOWN, June 14.—Arrived: Frles
TRIESTE, June 14.—Sailed: Emila, Phila
STRIKE AT MUDHOLE
MINE RUNS $80 GOLD
PRESCOTT, June 14.—Vague reports
in circulation for several days that a
big strike had occurred in the Mud
hole mine of the Perm-Arizona Mining
company at Walker, are confirmed In
an authoritative manner by the arrival
of J. E. Haskell, president of the syn
dicate, who returned from an inspec
tion of his interests at that point.
Mr. Haskell says the discovery is
true. Furthermore, he says the cut
ting into of the biggest and richest
body of ore the mine has ever pro
duced and at the deepest point ever
developed, also practically settles the
future rating of the property.
The point where this strike occurred
was under the new shaft and was de
veloped through a crosscut at a depth
of 760 feet and laid to the west of the
Mr. Haskell says the amount of ore
uncovered, together with the values
received In assays,, is the largest the
property has ever had and runs from
$50 to $80 a ton in gold.
NEW YORK, Juno 14. —The market for
■tandard copper was weak today, with spot
and forward deliveries to the. enil of August
quoli'd at 313013.55. The London market
mi weak also, with spot closing at ff.4 15s
and futures at £55 7s 6d. Local dealers quote
lake <-..|)p« ; r at $U'.75@13; electrolytic, $12.30
©12.76; casting. 113.35013.50, No arrivals
were reported at New York today, custom
house returns show exports of 2247 tons,
making 61525 so far this month. Tin was
easy with spot quoted at $32.57% 4*3 2.7.".;
June $3' 55M32.70; July, $email@example.com;
August. 18i.58WJ3.80i Sept. »32.e0©3280.
The London market was very weak with
spot quoted at £148 6s and futures at £14!)
10k Lead was steady with spot quoted at
»445©4.60 New York and at 14.17H©4.|JH
Past St Louis. London was unchanged at
£12 I's 6d. Spelter was weak with spot
quoted at 15.40W5.55 New York and at »4.90
ire 495 East St. Louis. London market was
unchanged at £23 sa. Iron was lower at
48s 10Wd for Cleveland warrants In London.
I tical y the market was Quiet. No. 1 foun
dry northern is quoted at l««e».iM«.
■> $16 25016-76: No. 1 southern and No. 1
southern soft at |16.25<a>16.75.
VISIBLE GRAIN SUPPLY
NEW YORK, June 14.— Special cable and
tnUnranhic communications received by Brad-
Btrctt'fi show the following changes in avall
able .upplUl as compared with previous ac-
C°AvailablP surply-Wheat: United States.
.^Rodclei decreased 1,773.000 bushels: Can
ad,., decreased 2.103,000 bushels: total Un ted
stales Canada, decreased 3,966.000, afloat
for and n Europe, decreased 4.000,000; total
American and European supplies, decreased
''(•oro-lTnlted States and Canada, Increased
40OaU_u Un!ted"' States and Canada, decreased
The Greatest Residential Building Growth
of Los Angeles Is in the Southwest. The
Greatest Building Growth of Southwest Is in
43 New homes completed within the past thirty
47 New water consumers in month of May.
61 New homes now in course of construction.
712 Homes in the entire tract, now occupied or
in course of construction.
No city in the United States can beat this. No
part of the city of Los Angeles equals it.
$600,000.00 high school now building, within walking distance.
$30,000.00 eleven-room grammar school just completed and
occupied, in Vermont Square.
THERE IS BOTH SATISFACTION AND PROFIT IN BUYING AND
BUILDING IN VERMONT SQUARE.
Lots $800 Up. Easy Terms
HOME BUILDERS' DISCOUNTS—Five per cent for cash; five per cent to
the builders of the first five houses in any block, completed within six
months from date of purchase.
VERMONT SQUARE is on Vernon, Normandie and Western avenues.
Take Grand avenue car on Broadway marked "Dalton Avenue" and get off
at Forty-fifth street, or take Grand avenue car on Broadway marked West
Forty-eighth street or Normandie avenue, and get off at Normandie or
Denker avenue. Agents in waiting to show the property.
Southwest Land Company
Main 1340; Home F5978. 416 PACIFIC ELECTRIC BUILDING
TRACT BRANCH OFFICE-SOUTH 3557
C. A. WESBECHER, Tract Agent Phones—Home 26399; West 383
Today, (Wednesday) is the last day you can buy
Midway Northern Oil Stock at 15c a share. After
this date no more subscriptions will be accepted for
less than 25c per share. Developments upon prop
erty indicate a complete withdrawal of stock from
the market at an early date.
Security Loan and Investment Co., Fiscal Agents
Midway Northern Oil Company
Phones: F 1322, Main 1246 LOS ANGELES, CAL. 819 Security Building
STRUCTURAL IRON WORKERS
INDUCED TO JOIN STRIKERS
Seven or eight outside structural iron
workers were taken from their work
yesterday and the pipemakers am!
boilermakers at the Lacey iron works
went out on strike. With these excep
tions there were no developments in
the metal trades' strike. Employers
were active in filling the placei of
strikers with non-union men, ana at the
headquarters of the Founders and Em
ployers' association it was declared that
the situation is unchanged and that the
association is firm in its attitude.
Seventy-five new members were ac
cepted by the Iron Workers' union at a
meeting in the Union Labor temple last
night. The union forces say that this
meant added strength to their ranks.
The metal trades employers have
asked for adltional police protection to
prevent tire union men from holding
meetings in front of the various foun
dries The strikers have endeavored to
Increase their ranks by gathering with
ppeeehmakers near the shops at the
noon hour and after the close of the
ARIZONA COMPUTES TAX ON
PHOENIX, Ariz., June 14.—Under
the operation of the Arizona law. In
stead of taxing the physical properties
of telephone, telegraph and express
companies, a tax of 1 per cent of the
gross earnings Is collected. Data just
compiled for the year 1909 by the ter
ritorial auditor show gross earnings
'is follows: Twenty-nine telephone
companies, $262,402.04; four telegraph
companies. J37.189.58; two express com
panlel, $74,379.13; total. $373,970.75.
WOMAN DOCTOR ARRAIGNED
Mrs "Dr." Katherine Strtngham, who
was arrested Monday night by Private
Detective Nick Harris on a charge of
practicing medicine without a Ileonso,
was arraigned before Police Judge
Rose yesterday. Her triui on the
charge wits set for Thursday morning
at 10 O'clock. Bhe ll in the city Jail
In default of $100 ball.
INSTRUCTOR IN LAW IS
HONORED BY STUDENTS
Fifteen young lawyers who were re
cently admitted to the bar tendered a
banquet to Kemper B. Campbell last
even ing, and while gathered around the
banquet table decided to form a perma
nent social organization under the
name of Kappa Beta Chi In honor of
Mr. Campbell, who Is a professor in
law at the University of Southern Cal
ifornia. Those present at last even
ing's affair were scholars in Mr. Camp
Professor Campbell graduated from
the law college three years ago and
l:ist yoar the degree of master of law
was conferred on him. He has the
honor to have received the highest gen
eral average of any graduate in the
history of that institution, and is the
winner of the scholarship medal, which
was presented to him by members of
John Luter officiated as toastmastei
iiisi evening and all talked on college
days. As soon as the organization is
farmed regular meetings will be held
each month. ■>.
SENIORS HOLD CLASS DAY
AT OCCIDENTAL COLLEGE
The annual cenior class day exer
cises of Occidental college were held
yesterday. A program which covered
the entire day wus enjoyed by the class
members and their fin mis. After
I. eakfast under the trees In the Arroyo
Seco, the class marched to the chapel
for the morning ceremonies. These
consisted of the usual presentation of
the class picture and the class gifts,
awarding of honors, planting of the
Clan tree and singing of the college
Clam luncheons were spread at noon.
Last night President John Willis Baer
was the host of the evening at the
president's reception in the library
This morning the formal commence
ment exerclSOi Will be held in the col
lege chapel, and tonight the alumni
banquet will be held at the Federation
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hlill.N AND COAUNGA lIX 1.1)8, »150
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438 Citizens National Bank Bid*.
CRUDE OIL STOCK
7&C —doing To 10c
Send for fret) map and latest oil Informa
INTERNATIONAL INVESTMENT CO.,
1012 Union Trust inniillng.
Fourth and Spring Sts.
It's as easy to secure a bargain In a used
automobile through want advertising, aa It
used to be— and still Is—to ■•cur* a horse
and can lag*.