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Today, April 12th, at 10 A. M.
I The Officers and Directors of the i Kjik'lX I '£ VH *& ®T Til /i © "■ H^ H ' M m I ffl 1 }■ few?^^ gl&'rurZo'"* 6"' a^- <■">">>« ' Loan- Midway Producers Oil Co. pfTrrtfr (Name of Company Subject to Confirmation of Secretary of State) :i! T N 'v - *? Consisting of 'l^ipUL —^H Lee C. Gates Senator N. W. Thompson Thomas Hughes *£» Hon. Robert N. Bulla Dr. J. T. Stewart />ypJr^^T&t "pp" Will open the stock books of the company for subscription to 200,000 shares of the capital stock at 25c %?°cq C£*^^\'\jT Will open the stock books of the company for subscription to 200,000 shares of the capital stock at 25c ef/co^A^C^', _for per share. The directors of this company are a guarantee of good faith and honest management and it .rTI ~\j¥'* is believed that the stock will be rapidly subscribed. , • I «J^f>£_L | <| \OUSft£G. Y^ I r- —~ : : ■ ~1 ;■ ,;.,-.. ;.•./:■?■:, ■■*■■:■:■%/;* i ■::/:■ i :■<•. i X ; \r <":i r;..-- v;v ■•/'::■ ; ':: .■■■ '■;■;;•/, ■,-..■.■■ .■ ',- ■. ■ •'* :.;•;■■■.:- ■:.<• ■.' --:■'>>■■ :.:-:-.v.; • .•■:•' ' ..-.•. •; ''■ :'•■■:■■ ■■■-:,- ■■■. •■■■.-;- ■ ':■■ ■':■';*'■*■ ■■':■.■';:■■ ■•; •■'. ■' v%,-,>, .Q 's;.: ;fs,..^ ■*.v^*'.^ _——— ___^ " I ',''"* / WELL NO I • , . * <\' This stock is offered for the Pmn f*Vt V MIDWAY PROI:>UCES S OIL COt • ' purpose of obtaining addition- A JL Li MC'jL IV LAKE VIEW CUSHER < fc£ ' !< v ■ * - - *i*-M& ' il oDcratinir and purcnasinsr Ihe property of this company is , * L^ }&, -A i^ . """"■ *»•»* . & L^mO miff* *■* SSn producers when we reach the greatest oil field at Mancopa. A ■-^I*^|| PSbH^^^^^"^^--,^W BMpaW^*^ . "^ : * '■^ll%k S^^^^Sr^^ d Thi ill II equipmen on <n ing ma Jmm SPtMBEBfI^KBBteM BPjfl| P^**^^^t \\ " """ jT ji.'i&lHW^'Hifa^i t!!^j^T^^^ftSßß*Mt*aa^^4 1)C the only offering of stock sands. Success is an absolute ■MP^fli^SS^'' IPjS ■! aP"^^^^ Sbi^MOMJi dends. Over four-fifths of the In the "Heart of the Midway" Surrounded by the Record Oil Wells of the World ■ 1 Registers of Stock and Transfer Agents — /\/\/\ Capital Stock $1,000,000 | Oil and Metals Bank and Trust Company | | Treasury Stock $825,000 Office Will Remain Open Until 9 P. M. Every Night This Week M MiHwsiv Prnrhn-p»tV Oil nnmniinv 402-404 Homer Laughlin Building IVllUWaj r IUUUtcIS> \JII \jLfllipd.liy 315 south broad way, los angeles, cal. THREE NEW STRIKES ARE MADE IN CAMP NORTH OF BARSTOW Since J. I* Osborne and associates •were at Gold Stone, the new mining Camp north of Barstow, W. E. Allen, one of the prospectors there, writes The Herald, says three new strikes have been maile the past seven days. I'nder date of April 7 Mr. Allen writes: "There have been three new strikes made here this week, two made on claim* nwned by J. K. Hallford & Sons. one Of which was found today look! •qua! to the Barber strike. "Some one had found It before and covered it up. A hole had been sunk about five feet. The other was mado ii bout threo miles north of the Hat bet strike, near Indian springs. I have not learnt •! the particular!. "I expect results soon. Proapectori have quit locating and gone to de veloping. "The Barber strike is looking better at depth." MAY BE BIG GUSHER HAKEUSFIKLD, Cal., April 11.—Tho much awaited Ethel D. well No. 4 which broke loose Thursday, adding another to the list of gustwrs in the weatsida Ihlcl, is doing 2000 barrels and tin re i.s no sign of a letup In the flow. This well was brought In more quickly than expected, owing to tho fact that the conformation of the surrounding land makes It unusualy easy to drill. The drillers are having some trouble about getting out their tools, it 1h ■aid, having been unprepared for a nusher of the kind developed. As soon as oil was struck In the No. 5, work was begun on another well which Is expected, by virtue of a remarkablo similarity in the ground, to be a sensational gusher of the Lake vieu character. The Ethel d. No. 5 had been awaited eagerly for the same v, but, although one of the best products brought in of late, it failed to add to tho wonders of the field. NEW OIL COMPANY The Mock Oil company, recently or panizeel with a capital stock of a total par value of $5,000,000, at onco will b>■- Bin the drilling of four wells on eighty acres that it owns in the North Mid way field, Kern county. The company's property is located In the midst of pro ducing Welll, and it expects to ac quire additional territory Immediately. All of the Htnek of tho company will !«■ absorbed by the organizers. The Incorportvtori areu I^. c. Tor ranee, (icorge Barker and Nicholas Jlillliank, Los Angeles; T. H. Dudley, ,S:inL» Monica; George Humphries and C. W. JonuK, Sierra Madre, and asso clutes. FINANCIAL LOS ANGELES. April 11.-Bank clearings were $2.488,96;. an Increase of lIMtMli as compared with tho amount for th« cotrespond- Ing date of last year. Following la a compar ative statement: 1910 1909. IMS. April 11 »2,<a2,!167.4« »3,507,712,10 IX.O6t.mM LOS ANGELES STOCK EXCHANGE The market opened briskly for Monday morn ing, and there was evidence among all the stocks of a uplrltod trading, the brokers com- Inn to the front with their bids and oftsra, and the called »as kept busy getting together the various quotations. There was no wide difference or great advances or declines In the days market. Home Telephone bends were off slightly, sell- Ing at 824 at the elan. Associated bonds Wen up a little bit, selling at 97. The bank stocks were firm, but not active. Public in lilt showed trading In Horn* Tel tphone preferred, which sold at 65, otherwlbo nothing of an unusual nature. Associated Oil was active at 50 and avowed some Inclination to strengthen at the close. California Midway was again the feature and very much In demand at about the same prices all during the day, selling for 67 and 6S'i buy er 30. Union Oil was firm and in demand and showed an Improvement, celling- at 106V4. This BtOOk Was In demand all day and It la hard to tell what la up, but It looks like ■ food buy at these figures. Union Provident was a light trader. Among the non-producers, Me-Klttrlck Oper aton sold at 16, Nevada Midway at "'•'>>■ Oth erwise there was little news to report. Among the mining stocks 5000 Johnnie old at 16Va- California Hills was strong at 41',i and i\~i, and Consolidated Mines sold at $7. The market, as can be Been from the sum mary, was a broad one, as everything on tho list waa traded, In but the bank stocks. . MOKM.N'O NAI.KS 60 Associated OH Co 50.00; ■ Am Pet 'Co com 74.00;. 1000 CM Midway 67%; 6000 do 67; 5000 do, B. 10, «>>«; 3000 do 6S'i: 80(10 do. B. 30, 70; 4000 do do 69V4: 1000 do do ',''; i«i do, S. 30, 69V4: 4000 do MVi; 1000 do 67%; 8000 do 67K; 1000 do 67H: 30 Hex P Ltd com 19.78; 100 do *n.62Vi; 10 Union 10ti.26; 10 do 106.60; ■> Union Prov Co 103.00; 1000 McKlttrlck Oper 15; 1000 Oleum Dcv Co 111*; 2000 do, S. 30, lOVi. BONDS 2 Assd Oil bonds 97; 1 Home Tel bonds S31 <; I do 8S; 1 do 82U: 8000 Cleveland 45; 2000 do 44%; 7000 Cal Midway 67H: 3000 do 67V4; 500 do 67; WOO do, B. 80, Mii; 3000 do do 69; 10 Mcx Pat Ltd coin 29.50; 10 do 29.25; 10 do 29.374; 2000 Oleum Dcv Co 11; 1000 do 10%; 1000 Nev Midway '-V. — Off board—2o Home Tel pfd 63.00. Bid. Ask. American Petroleum Co 84 so Associated Oil Co 96% .. Corona city Water Co si Corona Power and Water C 0... 95 ' ": .. Cucamonga Water Co ,; 97 ' .. Edison El Co Is R..... 100 • 104 Edison Eleq Co old Issue. ; 103 108 . Home .Telephone Co ..... 80 . " Home. Tel Co Ist rfdg 731, 70 Hausteca Pipe Line , \,, ' ' ss L A Pac Ist con mtgs ... 104',j 1, A I'aelflc. Ry Ist rfnd|T 100 L A Railway Co , ;. .110 L A Traction Co lia lU2 110 L A Traction Co Os 101 108 Mission Trans and It Co v 8 '■'.. Pao Light and Power Co D7V4 ■",»»< Pomona Con Water Co ..,,..,.,' 90 Riverside H T and T Co .. 75 ' Santa Monica H T and T Co.. .. . ' so . San Diego H T and '1' Ist mtgs. .. x 75 : Seaside Water Co 99 105 • United Mlci' a and P Co as 101 Union Tranaoortatlon Co .;..'... 91 ' (15 11 S lying Dlst T and TCo -71 i" 71 Whittle* Home T and T C 0..,. .. .''go BANKS ■ All Night and Day 8ank........115.00 f 110*00, XU Night and Day Bank US.UO 140.00 LOS ANGELES HERALD: TUESDAY MORNING, APRIL 12, 1910. I Bank of Southern California....loo.oo 115.00 Broadway Hank and Trust Ut.M 176.00 California Savings Bank 118.00 125.00 I Central National Hank 17. '«> 155.0U citizens National 230.00 255.00 Commeiclal National 147.00 175.00 Equitable Savings Bank .180.00 210.00 Farmers and Mar National 2f0.«0 .. .. Federal Bank of L A 12.00' First National 435. m) 612.00 German American Saving* 325.00 ...... Globe Havings Bank 120.00 140.00 Home Ravings Bank of L A....1)5.00 Merchants National ,M'.ol National Bank of cal 100.00 National Bank of Commerce....los.oo 115.00 I Security Ravings Bank l».00 400.00 The Southern Trust Co 75.00 SJ.OO (50 per cent paid up) 1 U I National Bank , Mi M IMH.STKIAI.S AMI I'lbijc I TII.ITIK< DM. Ask. Cal Portland Cement Co 110.00 Edison Electric pfj 10.90 82.u0 j Kildon ■ Electric common 64.50 'Home Telephone pfd fi 1.75 55.50 ] Homo Telephone com 9.00 Hutchison s P Co 17.00 18.00 ! 1, A Athletic Club 10.no I '.. A Brewing C 90.00 ...... i Hi x National Gas pfd 50.00 18.10 National Gas com M CO Paauhau 8 P Co 23.00 29.50 Pas Mut Life Inn Co 230.00 Pas Can Stone Co of Cal 1.11 Pasadena Hume T and T Co M 00 • Riverside Home T and T Co ■.. 23.u0 i San Diego Home T and T Co 23.00 Banta Muni, a i! ii T pM gu.ou Bun Drug Oo 1.00 Seaside Watfr Co .; 100.00 Title el and Tr Co i>f. 1 160.00 U S L D T and T Co pfd 41.00 Union Trust Co 42.00 Whlttter Home T and T C 0..... 60.00 75.00 OIL ROCKS PRODUCERS-- Bid. Ask. Amalgamated Oil 62.50 American Crude Oil C ;.* 1.10 American Pet Co pM UC.SO ! American Pet Co com ; 71.75 Ansoclated Oil , 50.00 W. 23 California Midway Oil C 0........ Xli '..:.. Central 2.07',« 2,26 1 Clevdand Oil Co '. .44 .IS Columbia ........ 1.15 1.23 Continental Oil 38 Knos Oil Co 1.37',, Euclid Oil Co 55 .65 Fullerton Oil 3.45 3.55 Globe .1714 Mexican Petroleum 1.07 I Mexican Pet Ltd pfd 67.37' i 17.01H Mexican Pet Ltd com 29.37' a 29.62',<> New Pennsylvania Pet Co »8 Ollnda Land Co (Oil) 48 Palmer Oil Co 1.22' i i ■ ens Oil Co ... .36 Ptru Oil and L Co 10 ..... Reed Crude 33 .45 Rice-Ranch Oil Co 1.05 Section Six Oil Co '.63 Traders Oil Co IM.OO 130.00 Union '. 1U5.12V4 Union Provident Co 103.00 , United Petroleum 104.60 106.00 West Coast Oil com 9.00 ..... Western Union 170.00 . NON-PRODUCERS— ' Coallmia Crude OH Co .33 McKlttrlck Inv Oil Co 15Vi .10 - I McKlttrlck Oper oil Co ..... : .18 ■ Nevada-Midway Oil Co .30 Oleum Development Co .10% .11 DAILY MINING CALL OFFICIAL SALES Morning—4ooo California Hills I',. Afternoon-11,000 Con Mines, per M. 7.00; 2000 California Hills 4"i; 100 do Hi: 100 do I 1*;, 3000 Eureka 3; 5000 Johnnie M and M !.*.'». I —^— • IISTIID (STOCKS CALIFORNIA- Bid. . Ask. California Hills Mining C 0...... .04% .;.• Consolidated .Mines Co 7.110 M .I.' Mt Oalnes Con M C 0... .02*4, MJ XKVADA W&*!&iM*'K Johnnie Mill und Milling Co. U>% .18 BONNIE CLARE PROPERTY PROMISES BIG SURPRISE RHYOLITE, Nev., April 11.—Harry Keene of the Keen,- Wonder group of claims in the Bonnie Clare district states that twelve men are engaged In ■inking on two of the claims of the group, and that values being encoun tered even at the shallow depth of twenty-two feet give foundation to the belief that when further depth is reached splendid returns would be realised. Mr. Keene says that one all of the properties in the Bonnie Clare district development was convincing as to the future possibilities, and that within the next few months there might be expected something in the nature of a surprise for those who have systemat ically denied faith in that section of the country. The mill of the Bonnie Clare company will be in operation within the next fifteen days, and ores from the entire district win then be handled "at home," so to speak. With the com pletion of the mill this company will then be able to handle their own out put, which is expected to be above the :e. and the shipments which have been going to Goldtield will then be dispensed with. Mr. Keene states that new lii'ds are being made throughout the district, and that Bonnie Clare is well on the load toward permanency. DE LUXE SHOOTS OIL The Dc Luxe well No. 1, on section 8, in Kern county, which Was brought in some time ago and later drilled deep er, has been shooting some nil during the past two days, according to report! from the Held. It is said that a gas blowout occurred which covered the crown block with oil. and later the oil was Mowing over the casing. The well is now in the lower sand and, it ie slid, will soon be one of the big producers of the section if no trouble is encountered. STILL LOCATING FOR OIL D. F. Wilson. Nellie Wilson, R. F. Gloom, Ann Spencer, K. A. Fruby, Elizabeth Sibley, J. C. McCullough ami Mettie A. Mei'ullum have tiled notices with County Recorder Johnson, covering sixty-flve oil locations. The land lies in the Hiawatha district and is part of that territory which the locators have been locating and re locating for the past ten years. They explain that this time oil has sure been encountered, and that is the rea son they are again locating the ground. OIL FOUND AT LAST Reports from "Williams, Colusa county, state that a largo flow of gas has been encountered in the Home <>il well near Vena4o or Mountain House. This WaU !■ bslng bored by Williams capitalists, and they have made up their minds that oil can bo found in paying quantities, and have pledged themselves to keep up development work until the oil materialize* TX IT T% 1* That Merchants & Bankers' Oil i *f\ V nil M, AilIl7.P Stock Is the Best Bu > on the JL/U IUU JIVXs&IILKs Market Today or ANY Day? THESE ARE A FEW OF THE REASONS: : PERSONNEL —— Officers—Judge .I. W. Campbell,- banker and capitalist of Ohio, president; Dr. W. A. France, capitalist and banker, treasurer; George E. Hart, real estate, secretary. „',, __..-_. Directors— J W Campbell; Lee B. Durstlne, president North American Life Insurance Co., Newark, N J ■ Dr \V A France- G. G. Gillette, mining operator and oil producer; Nathan Hale, former congressman; George E." Harf G. \V. Luckey, R. It. contractor and oil producer; S. P. Mulford, attorney and banker, Los An geles; Frank F. Peard. banker and broker, Baltimore; Sydney Smith, capitalist. The first in Importance to every experienced investor —who are the men that will handle the company money and direct company affairs? r Are they men of experience and capacity? Are they men of standing with reputations to maintain—men who cannot afford to induce their friends and the public to invest in anything they do not thoroughly believe to be safe, sound, conservative and a money maker? Are they men who will carry out the work according to promises made? Above are given the names of the officers and directors of tha Merchants and Bankers' Oil Co. The list speaks for itself. To those who are unacquainted with, them we would suggest some inquiry among the business and financial interests of the city—an hour's work on this line will satisfy any one G G Gillette and friends already have organized and placed on a producing basis the California Midway, Wellman Cleveland and Bankers' Oil Companies. G. G. Gillette, Sydney Smith and others organized the famous Consolidated Midway company. The success of all these companies, which are now producing, has been phenom enal. Read the daily quotations. LOCATION AND TERRITORY The Merchants and Bankers' oil company owns (purchased and paid for in full by the officers and directors) 160 acres of patented and proved Oil land in the Kern River district, being the northwest quarter of Section 20, 28-88 (sec official main. Kern River land is absolutely proven oil land, with 250 to 275 feet of oil sand. Each well produces from 40 to 60 barrels daily, and, as has been proven, will keep it up for thirty years. Conservative experts and Investors consider the Kern field the most valuable In the world, as it is absolutely sure and furnishing . a con stant (low of oil. The company also owns IGO acres in Section 4, 31-24, North Midway, which will also be developed, with the possibility of gushers. FINANCIAL STATEMENT This company is organized for the purpose of producing and selling oil. It is incorporated for 1,500,000 shares of a par value of $1 each. Of the total, 100,000 shares were offered on March 31 to a few careful business men of this city, who took the entire amount during that one day. The proceeds of that sale, amounting to $40,000, rests in the treasury today to begin drilling- with. The company has its property all paid for, and In every par ticular is absolutely free from debt. Eighty (80) wells will be sunk on the Kern river property, the work having already been ordered, and it is safe to say that these wells will produce an average of forty barrels a day each, or a total of 3200 barrels per day, which, at a low estimate of DO cents per barrel, will pay the stockholders $1600 a day, or $45,000 a month and $576,000 annually, which will pay over 33 p?r cent in dividends annually or within 7 per cent of your investment. This Is a conservative estimate. It is the intention to put down and complete five wells per month. STOCK OFFERING In order to keep sufficient working capital in the treasury the company direct is offering for subscription the second block of 100,000 shares at 40 '^^^^^^^^^^^^^tm^ma^m cents per share. All money will go into the treasury for development work— /~v t\ . no commission or brokerage being paid to anyone. The books of this company II llf tvGCOrU will be open for the inspection of stockholders at all times. ■*■ •+*•** m. ■%» Application for stock of the company can be made by mall, wire or in T_ /"\,, < , person at the company's offices. Allotments will be made in the order in J.JJ V-/Ur which applications are received. .^ The offices of the company will be open from 9a.m.t05 p. m. for receiv- TsCkCf" A conf ing application for stock and furnishing information, until this allotment is IJC3I -IVC>ot;l disposed Of. eSHaSBBBSIBHSIiaaSBMBIBIBISMSIBBI Merchants & Bankers' Oil Company b T*a sS, Phones: Home F2BOO Sunset Bdw'y 4680 Midway Oil Stocks and Investments. Opportunity on Ground Floor, In New Midway Promotion. r. B. WOODRUFF, 525 Central Bldg. Sixth and Main. MARICOFA CUSItER FIEI4I rre-organizatlon utork 8 "flits a ttlmre In a company to operate SO acres proven ground. First regular offering after Incor poration will be at 10 cents a »hare. 081 IN BEFORE TOO LATE. BOIiTHKRJf INVESTMENT COMPANY, 221-323 I. W. -Hellman Bldg.. 411 South Main itreet, Los Angeles, Cat. Telephone Main 7553. Our board of directors has authorized a public offering of our treasury stock at 30 CENTS A SHAKE Los Angeles-McKittritk Oil Co. IN I. W. llrllu.au Bide., Fourth u.i 4 Ualu •tract*. 13