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NEWS OF THE MINES AND OIL FIELDS OIL BUSINESS IS RAPIDLY GROWING IN THE ESTIMATION OF THE PUBLIC COMPANIES RECENTLY ORGANIZED ANNOUNCE PAYMENT OF DIVIDENDS United Will Disburse 1 Per Cent a Month-Other Outfits Drill Night and Day and Development Work Is Pushed Rapidly Forward. Record Sale of $3500 an Acre Spurs Steed of Progress in Maricopa-Midway-Ventura Will Soon Have Fifty Stringo Drilling—Fullerton Field Expands MATTERS are fast adjusting them selves for a steady and more profitable production In oil In California than heretofore, and the small producer la preparing to reap the benefits along with the bis pro ducer. A large proportion of the com ,„„!„. that hv.ve entered the n>.\ *»"«' --ness this year or the latter part: of last year have gone systematically after the crude product, with the result that many of them are already upon a revenue producing basis. Others are drilling night and day with favorable results. . ' Tho United Oil company will go upon a dividend paying basis In June, thus lormlng a splendid example of quick action in oil. This company was organized by Whtttler & Campbell of Los Angeles late last fall, and brought in Its first well, In section 6, North Midway, last December. It has fjono steadily ahead with development work until it now has four wells pro ducing and several drilling. The wells range in production trom 500 to 1500 barrels a day of 23 gravity oil. Tho production is contracted for by the Standard at 65 cents v barrel. Tho dividend, as announced, will bo 1 cent a share a month. VKNTLTIA WINS ATTENTION The Ventura county flcld3 are again coming beforo the public with addi tional prospect and development work. It is announced that with the new companies entering and old companies now drilling there, Ventura county Will have fifty strings of tools at work within the next sixty days. About thirty aro already on the job. Tho active, area is comprised in the Big Se.spe, the Little Sespe, Santa Paula and Torrey or Bardsdale canyons VMefly, and also in Nigger and Cop per canyons at Piru and In Adama canyons. Not for years has this county seen such activity and actual work going on. Tho Buckhorn OH company of Pasa dena has located rigs In Copper can yon. In this vicinity the Modelo has twenty wells pumping, and the Har ris, Ibex, Fortuna and Aloha com panies are pumping sever, or eight others. one of tho latest and best Illustra tions of progress In California oil Is the extenuion of the Coyote Held and La Habra valloy by the bringing in last week of the Bastanchury No. 1 at a depth of 4444 feet. This well Is within the city limits of Fullerton, and is credited with being the deepest producing well in the world. The Bastanchury Is on a leased parcel of 4000 acres, operated by the Union Oil company. This well proves the ter ritory, and several other acres ad joining, also controlled by the Union, are said to be practically proven. San Juan No. 1, down 1800 feet, is between the Bastanchury and Murphy wells, assuring an oil production. The new well shows every sign of becoming a big producer. REACHES 1000 FEET Well No. 1 of the Crown Oil com pany, in the Big Sexpe field, has reached a depth of 1000 feet, and is now In a very hard formation, which is believed to stratify just above the second and rich oil sand of the field. This hard foundation is about 100 feet thick. When the well is finished it will be deeper than any in the Big Sespo field, and tho management be lieves it will surpass anything in Its vicinity. In the Midway field the Crown will soon begin drilling on its holdings, comprising 100 acres. The property is located in section 30-32-25, Immediate ly adjoining the Lake View property, where a well has reached a depth of 100 feet. Beginning with the Crown holdings in section 30 drilling activity \a mani fest in every section for a distance of eleven miles In a straight line north west, making tho territory traversed by the strike one of tho choicest In the San Joaquln valley. AH the lumber and part of the tools are on the ground, and development work has begun under the supervision of R. K. Howk, who has been recently appointed field manager for the Crown Oil company. Tho Midway Five Oil company, an other Los Angeles company, has reached a depth of 500 feet in Its well No. I, In sectlbn 6, North Midway. The camp of the Midway Five Is said to be one of the best In the Held and well, equipped for drilling at this time of the year. They are working day California Oil Stocks Offer Safe Investment THE advantages of an investment in California oil stocks over the big industrials which are consid ered legitimate collateral in the east ern marts of trade, are graphically portrayed In a letter from an eastern man to a friend and business associate in New York. This man, who has traveled widely and invested large sums in divers enterprises, after a careful study of the oil industry cov ering the period of one year has be come heavily interested in the stocks and bonds of established companies, recently selling United States Steel, bou&ht at 37, at 89, to put the pro ceed! into the same investment. In the letter referred to the writer says oil stocks have a much more stable value than the Industrials, and because of this he has no difficulty in using them for collateral at the bank. Moreover, they are constantly increas ing in earning power through develop ment of natural resources, tlio Increase of production, and are already paying a rate of Interest far in excess of any Industrial stocks. JAMES WYNKOOP and night tours, and expect to bring In the well by the middle of July. ACQUIRES MllilM, MAN W. E. Wl.eatly, formerly vice presi dent of the Consolidated Lumber com pany, and one of the beet known busi ness men on the* coast, has been elected to the vice presidency of tho I JillilVt'eiy I**Vd Gil Oviiijiaiiy. i"*™ ! A well that look's like It might-?*** worth while has just been drilled into a live oil sand by the Hazelton Crude Oil company, section 17, 11-23, one mile oast of Hazelton station and cast of tho old Sunset field, at a depth of 1600 feet. Tho hole is filled half way to the ton with oil, which is standing in the cuing under the water. The Western Minerals has encoun tered gas and Indications of oil In its well on section 22, 11-23, half way be tween Its well on section 25 and the Hazelton Crude. A line drawn from the well on section 25 northeast to the K. T. & O. and Ethel D., runs a short distance east of the well on section 22 and the Hazelton Crude on section 17. A number of wells lire drilling along . the course of and nearby this line, among which are the Johnson, Hailstone. Essex, Lady Washington, La Blanc and others. To tho west and south of sections 22 and 25 the West ern Minerals has a large acreage and Is developing extensively. * Following in the • wake of the ex tensive development now in progress is ' a number of large sales of oil land at the top market price, making It ap pear as if the oil industry had started with a summer boom that would rival or surpass that of the winter and spring. It is talked in conservative circles that more actual development will be done this summer than ever before in California and' that the de mand will at no time weaken, but rather will be gradually Increased as tho market widens and the pipe lines become better adjusted to the supply and demand. KKCORO .HALE IN LAND The record sale In oil land was made a few days ago at San Francisco when J. C. Yancey bought twenty acres In the Marlcopa Midway field. The twenty acres are undeveloped and the j price paid was $70,000, or at tho rate of $3500 an acre. The land lies in sec tion 32, 32-24, and is said to have every prospect of being In the gnsher belt.< The i land was recently sold by the Monte Cristo company to Holbrook and Sprecklcs. In the second transaction part of the acreage was reserved for development. Mr. Yancey will soon begin work upon the prop erty purchased. The Bulck Oil company, I headed by D. D. Bulck, the automobile man, has let a contract to a rotary company to drill a well on the southwest corner of its forty acres on the east side of section 32, 31-23. The land, which was bought recently from J. M. MacLeod, Jack Tehen and A. T. Jorglns, is lo cated in the recognized gusher belt of the Midway field, adjoining the Cal ifornia Midway on the east. The com pany also has holdings on Sunset field. The Bulek company has headquarter* In the San Fernando building, Los Angeles, and Is capitalized for $5,000, --000. It is said this company Is now negotiating for other producing prop erty and that it is tho intention of Its backers to develop it into a large operating concern. Mr. Bulek is a re cent arrival from Michigan and was drawn to the coast through the op portunity offered in the oil business. Interested with him are J. B. Lehigh, vice president: J. M. Herndon, secre tary, and F. F. Hoard, ■ field superin tendent. /• y . TAKE STOCK OPTION Burr Brothers have taken an option on the treasury stock of the Coalinga Central, formerly the St. flair Oil company, owning a 120-acre lease in the proven Coalinga field, and has placed 160,000 shares on sale in New York. The stock is also being traded In on the San Francisco exchanges. The Coalinga Central's treasury stock amounts to less than 50 per cent and the St. Clalrs are still in control of the company. Everett St. Clair will re main manager of the property. A new well, good for 100 barrels, it is said, Is now being brought In. Work has been started by the Hy gravlty Oil company on its property, consisting of 1120 acres nine miles from Fillmore in Ventura county. The par cel includes all section 4, tHe north half of section 9, tho northwest quar ter of the southeast quarter of section 5 and a small part of section 6. The first well will be drilled on the forty acres in section 5. This enterprise Is being put through by, R. W. Kemp, H. C. Mllsap and C. R. Sparks, all Los Angeles lawyers; F. C. Paulln of the Imperial Land company, and T. P. Cullen, superintendent of the Salt Lake railroad, i ■■ , ''■-•>- _^ He points to the stability of the oil industry, based on the heavy and In creasing consumption. Not only the great railroads, but "every single in dustry on the broad Pacific, from the Panama canal down to the kitchen ranges In the Hawaiian Islands, all depend on oil for light, power and heat." The writer further says that the dividends will Increase and the in vestment more than double in value for the reason that both the country and the Industry are In their infancy. California Is compared with Spain, both of abopt the same size and simi lar In many ways. Spain has a popu lation twenty times that of California, yet so superior are the resources of the latter that It would be taxed less were the conditions reversed, and Cali fornia be called upon to support twice the population of Spain. Attention Is called to the ability and Mandlng of the men at the head of the big producing companies, and to their phenomenal successes, all of which acldK to the advantages pos sessed by Cullfornia oil stocks. ' LOS ANGELES HERALD: MONDAY MORNING, MAY 2, 1010. RAMONA ASSAYS RETURN MORE THAN $2000 GOLD Ramona, the now gold camp on the western slope of Lucky Boy range and about' nln» miles from Lucky Boy, Nov.. is attracting attention. .Tho veins are located In a wide area of iron-stained porphyry, and are from ten to thirty feet in width, with well denned walls, and they carry values running from $20 to $2000 or more a ton. At present the center of interest is the property being ope.rated by John F. Mitchell, and in which John M. Kiiirlleld Is also Interested, Mr. Mitch ell has a shaft about fifty feet deep on a thirty-foot vein which promises to become a liberal producer of high grade as well as a big milling proposi tion. On the hanging wall Is a streak of talc' about a foot wide that pans into fancy figures and Is said to be good for $400 to $700 a ton In shipments. Adjoining this is three feet-of $75 rock and tho remainder of vein, about twenty-five feet, carries from $15 to $25 a ton. This is the principal development of the camp, but numerous prospectors are sinking holes and bringing to light showings In several sections of, the district. The population Is growing, i and activity is Increasing among pros pectors and locators. KERN COUNTY MINES ENJOY BUSY SPRING A Wave of Exceptional Activity Sweeps Over Country East ; of Bakersfield i i The mines of Kern county are experi encing a wave of exceptional activity ' this spring, according to Dr. W. S. Fowler. Dr. Fowler, writes: "Near Callente Joe Farrls has a num ber of men at work on development of his mine, and the story told last winter . of the moneyed partner who would put i up a thirty-stamp mill seems to be ma ' terializing. A new road has been built at considerable expense and the pros pects for a paying mine seem bright. "The old Cowboy is under bond of ' $50,000 and ore going $1500 a ton In ; silver has been taken out recently, and a force of miners will bo put to work i soon and the mine worked again. "What has been known as. -the. ! Gwynne mine has passed into other j hands and the present owners promlso to put on a crew of thirty men the first of May, having developed a vein that is growing better with depth and already has a .paying production of gold. "Further up on Plute mountain Nagel has shown a 1500-foot outcrop of . a i highly mineralized vein .and he is ne j gotiating a. sale or lease with Bakers field persons. "Beyond the old Palmer placer claims which produced $6,000,000 forty years ago, and is now so overgrown with : trees as to almost obliterate any trace of the old working, the forest rangers have located their summer headquar ters in a quaint cottage connected by telephone with civilization by way of Piute. X'Vl!.!- ;fr"?v ACQUIRES Of.» HOKHMAN "Further along the old road to the Bright Star the Kern Plute Gold Min ing company has taken over the old Borrman mine and have run a tunnel 500 feet Into the mountain on the vein which has widened and grown richer as work progressed. Assays across the face of the vein at the end of the tun nel show an average of $400 in gold to the ton and a shaft sunk below this I tunnel only a few feet shows values up Ito $800 and $1200 a ton. With four min ers at work, they are sacking the; ore taken, out of the tunnel as development work'goes on awaiting the erection of a mill which is already on the ground j and will be erected as soon - as their millwright can be brought in. They have built .a ; blacksmith shop, bunk house, cottage and engine house, and will be turning out a lot of gold and concentrates before the summer is over,' while a small stream runs through the property, giving ample water power. "They have provided a steam engine to avoid stopping work in case of drought or accidents and this mine will be heard of in the near future. "Near Amalle the."• old Barbarossa mine has shown some of Its old time richness, a four-foot vein having been encountered carrying paying ; values across the full face of the * vein and holding 1 a two-inch streak near its mid dle which has given assays' as high as $400"to the ton.' L •■•■•■■•'■• - -.-..• ■• , w*. .* * * ' . ■ * • ORE SHAFT ON DAISY IMPROVES IN DRIFT GOL.DFIELD, May I.—About five tona df $25 ore are being shipped a day from the Morrison lease on the Daisy, and improvement is apparent in the regularity of tlio ore*shoot as the \ drift v advanced from the shaft, i This is not the original Morrison or ' Golden Daisy leas*, but is on the block i formerly known as the Toplitz lease, immodiiitfrly west of the other ground. The shaft is only about sixty feeet deep and the ore is of an oxidized character, but carries good paying values. McCoy & Reed, leasing on the old 'Detch-Brewor block, are taking out ore and make occasional shipments While the streak is not of bonanza order, it is sufficient to pay expenses of development and leave a fair profit. A small amount of ore is also being produced from the Kinneir lease, which adds to the general activity on the Daisy property. The Burke lease on the Belmont, a short dißtance from the Daisy, is pro ducing more or less ore, which results I in frequent small shipments. STOCKHOLDERS ATTEMPT TO DISSOLVE GREAT WESTERN COALINGA, May I.—The Great Western Oil company, which was or ganized tp purchase the property of the West Colalnga, has again come into prominence by a fight for control of the stock In order to make a gale of the property, or rather, to dissolve and reorganize. Messrs. Grlggs and Whitehead, who are supposed to be acting in conjunc tion with Worthington Amen, who holds a large part of the stock, are In this city working on Mm deal to secure the necessary two-thirds of the stock for the reorganization, and George Kohler, representing the Fresno stock holder*, and Attorney* O. U BvarU of Fresno and F. de Journel of the San Francisco law dim of de Journcl & West, are opposing the move. INTEREST CENTERS ON M'KITTRICK FRONTIER Wells Now Drilling in Vicinity Will Probably Prove New Oil Territory CONDITIONS ARE FAVORABLE Yancey Barnsdall and the Union Get Indications in Form of Gas Interest is centering in the wells now drilling on the McKlttrick front, where it is expected a large territory of sup posed oil land will soon be proven. Yancey and Barnsdall have rigs on sections 30 and 32, 29-22 and section 10, 30-22. The Union is drilling on section 4, 80-22 and the Bobby Burns is drilling on the northeast quarter of section B, 30-22. The Yancey- Barnsdall well on ■Action 32 is down about 1400 feet, and it is expected that the oil will bo found within 1800 feet. These sections were leased from J. It. Zumwalt, C. E. White and others and are divided into quarters running north and south through the length of tho j sections, and the wells are all being drilled close to the south lines. Leases ( are held by Yancey & Barnsdall from the same locators on other sections j farther north, and according to the j terms of these leases the other sections will be drilled In case the well on sec tion 32 proves a success. The wells now drilling were under taken as the result of the strike on tho Nacirema, where the oil was found at | something over 900 feet and again at 1143 feet. Some fifteen wells will bn started at once following a similar strike on section 32. A water sand carrying sufficient gas pressure to throw the tools from the hole was encountered by the Oil and Investment company in Its well No. 1 on a lease from the L*. S. Oil company's land In the northeast quarter of section 6, 30-22. The water was cemented off i at 1155 feet, and some 500 feet of oil | sands penetrating higher up will now be perforated. The strong gas pressure found In the water sand Is taken to ln | dicifte that another, probably more pro ductive oil sand lies at a greater depth, and the next well will be drilled down I in search of it. IJtAWWI FIFTY ACRES The McKittrick Six Oil company has leased fifty acres in the southwest quarter of section 6, 30-22, from the Sea Breeze Oil company. The property llea about a quarter of a mile southwest of the Nactrema's well, and is a mile due north of Ollg. The Sea Breeze is one of the pioneers in the North Mc- Kittrick field. It located where It found an old oil seepage, but it remained for ! later comers to develop the real value I of the district. Water has been cemented off in the j well on the Traction Oil company's lease on section 19, 31-22 at 1186 feet. The well is about six miles northwest of Fellows. The Santa Fe has perforated its well No. 5 on section 6, 32-23. The well Is 200 feet deeper than the gusher on the same section, and passes through a large aggregate depth of oil bearing sand and shale. The Luxor will use a rotary on sec tion 23, 23-24. FRESNO PEOPLE WATCH WORK IN BULLARD FIELD Land Is Being Drilled on Theory Oil Exists in Foothill Region FRESNO, May I.—The new oil field at Bullard, in Fresno county, is now becoming intensely interesting to thoso owning land around Fresno. For a long time there has been a belief among a number of oil men that oil exists along-the base of the foothills on the east side of the upper San Joa quin valley, as it is now proved that it does nearly a hundred miles on the west side. From time to time considerable ex citement has been caused in a num ber of the towns between Bakersrield and Fresno by the appearance of oil in water wells. Tho first company to prospect the oast side of the valley is the Western Consolidated Oil company, which had I the territory from the Kern river Held Ito north of Fresno thoroughly pros pected and finally made its location ! on the Bullard tract, about ten miles j northwest of Fresno. John R. Osgood, I superintendent of the Western Consoli ; dated, saya there are better evidences I of oil near Fresno tha"fc the develop ment of tho Kern river field was based upon. Mr. Osgood says the Western Con solidated is now down 1050 fcot In well No. 1. The top formation is prin cipally sand and yellow clay. Blue clay occurs at 735 feet, which alter nates with yellow clay and sand to 000 feet, where soft, brown sandstone occurs. From there on the log .shows much thinner and more varied strata, including blue clay, fine, white sand, blue sand and brown sandstone. S.IMI CAISBS DXI.AY The eand occurring frequently and in deep beds has caused slow drilling and a circulator has now been installed, as it was otherwise impossible to keep the pipe free. The formation is such that a rotary rig would make rapid progress and the company is planning to use one in its next well. Oil in paying quantities is not looked for before a depth of 1800 or JJOOO feet is reached, although the tar sand is ex pected to show up in the next 200 or 300 feet. A sump hole of about 5000 barrels capacity is now being excavated, so as to be prepared to receive the oil as soon as the well comes in. The general management of the com pany Is now In the hands of Major F. M. Spauldlng, who is pushing the work along as rapidly as possible. ' i STEADY INVESTMENT STEADY INVESTMENT Industrial Oil Co. at 50 cents per aharo, paying 12 per cent per annum. Production 67,000 barrels monthly. For full information, 706 Story building, Hi midway and Sixth. C'hurlos Victor Hall. Prwrtdent industrial Oil Co. Shipping News SAN PEDRO, May L—Arrived: Steamship Santa Rosa from San Diego, steam schooner William 11. Murphy from Eureka, steamer Watson from Eureka, steam schooner Kiilli erlne from Eureka. „ • Sailed: Steamship Santa Rosa for San Fran cisco, steamer Whlttler for Ban Diego, Kteamer !ocm liny tor Ban Francisco via way port*, United Stale* torpedo boat rlostroyerH Lawrence, Ooldsborough, Truxton, Hull, no wan ana Whlpple for Beaches cove, Banta Karbara island. MISCKI.T.ANKOI NOTES Tim steamer William 11. Murphy, Capt. Corning, " arrived today from Eureka with 000,000 feet "f redwood for tho Pacific! Lum her company, anil proceeded to Wilming ton. Another arrival from Kureka was the iteamar Katherlne, Capt. Jorgensen, with 600,000 feel of lumber for various whole salers, Th" steamer Whtttier, Capt. Seaman, loaded 10,500 barrels of crude oil for the Union Oil company today and sailed fur San Diego to discharge. The Alaska-Pacific company's steamer Watson, Capt. Griffiths, arrive! today from Seattle via San Francisco, with passengers and freight. The steamer Santa Rosa, Capt, Alexander, called today for passengers and freight en rout.- from San Diego to San Francisco, via Rcdondo Beach and Santa Barbara. The steamer Coos Bay, Capt. Bowen, sailed today for San Francisco and way ports with freight. Capt. Bowcn reports strong north west winds every afternoon on the way down the coast. He found It necessary to arrange to call at must, of the outside way landing during morning hours, Retting away to sea before the afternoon winds came • up. The torpedo boats Lawrence, Rowan, Whip ple and Qoldsborouga sailed today to loin the other boats of the flotilla at target practice In Beecher's Hay, Santa Rosa island. MOVEMENTS OK STEAMERS . ■ Steamers carrying passengers are due from northern ports via Ban Francisco and from southern ports direct as follows: ARRIVE" Steamer—From Due Hanalel, Ban Francisco Slay 2 Coronado. Gray's Hai*or May - George W. Elder, Portland May 2 ! Governor. Seattle May 3 1 Carlos, Portland May 4 Governor, San Diego May 5 Santa. Rosa, San Francisco May 8 I Buekman. Seattle May 7 Santa Rosa, San Diego May 7 Hanalel, San Francisco .....May 7 I Roanoke, Portland May 8 President. Seattle May 10 Hanalel. San Francisco '..' May 1- President, San Diego May 12 Santa Rosa, San Diego May 14 Admiral Sampson, Seattle May 13 Ceo. W. Elder, Portland May 16 Governor, Seattle May 17 Hanalei. Ban KrMrr»liro May 18 Governor, San Diego May IS Watson, Seattle May 10 Santa Rosa, San Francisco May 20 DEPART Hanalei, San Francisco May - James B. Hlggins, Fort Bragg May 2 George W. Elder, Portland May 3 Watson, Seattle May 3 Governor, San Diego May 4 Hanalel, San Francisco May 5 Governor, Seattle May 5 Santa Rosa, Son Diego' May 7 I Hanalel. San Francisco May 7 Santa Rosa. San Francisco May 8 Buckman, Seattle May 9 Roanoke. Portland May 10 President. San Diego May 11 Hanalei. San Francisco May 12 President, Seattle • May 12 Santa Rosa, San Francisco May 15 Santa Rosa, San Diego May 11 Admiral Sampson, Seattle May 15 Oeo. W. Elder, Portland May 17 Admiral Sampson. Seattle May 17 Governor, San Diego May 17 Hanalie, San Francisco May 19 Governor, Seattle May 19 Santa Rosa, San Diego May 21 Watson, Seattle. . .■ May 21 Santa Rosa, San Francisco May 21 CATALINA AND LONO BEACH Steamers leave for Catallna Island dally at 10 o'clock a. m. Returning, leave Avalon at 3:30 p. m., connecting with Southern Pacific. Salt Lake and Pacific Electric trains both ways. Launches arrive and depart to .and from Long Beach hourly between 9 a. m. and tp. m. - ■ ' ■ ' ;"•■.-.. r TIDE TABLE AT SAX I'KMKO ' High. Low. Monday, May 2 2:02 a.m. 9:54 p.m. V •• Tuesday, May 3 3:os a.m. 10:54 a.m. 6:03 p.m. 11:30 p.m. Wednesday, May 4 5:24 a.m. 11:43 a.m. 6:28 p.m. Thursday, May 5 6:29 a.m. 0:20 a.m. 6:53 p.m. 12:30 p.m. SAN FRANCISCO, April 30.—Arrived— Steamers, "Wellesley, San Pedro; Vanguard, San Pedro. Sailed—Steamer Watson, San Pedro. *-*-«> RAILROADS INTO MEXICO WILL BE BUILT AT^ONCE TUCSON, May I.—Full corrobora tion has been received here of the re port that President Lovett of the Southern Pacific has ordered the re sumption of work on the Southern Pa cific's Mexican line along the west coast. C. W. Murdock, connected with the maintenance of wav department of that line, who was In the city last week, said Grant Brother! Construc tion company is now rushing mules and equipment for the construction work with all possible spend to Chispa. They are to be used in completing the extension of the. line to Guadalajara. The company's line has already been completed to the Santiago river, about seventy miles nouth of Masatlan, where the company has constructed a. "shoe fly" across -the river. This means a temporary trestle, and oeside it will be built the bridge spanning the river. Work on this bridge will start at once. Some time iif; 11 work was stopped on the Bouthern Pacific'! west coast extension in Mexico by order of President Lovett, but his recent visit to that section is said to have con vinced him of the advisability of com pleting the line, and completing it with all no.Hsible snoeil. ? | Answers @ MT In our $50 prize contest are com- T» ing in rapidly. The ten best rea- js n uons -will get one of he prizes. M mm Your answer may be he winner. IS Write for rules of contest. Address ■ IIA contest department. m \&LL HKHT^DJSU ffnw ■ mrm Ml 9UBT JVCHmKB I 1 .1 ■-■■■ !■■'■ ■ [==AHOME=I With Xci Interest null Me Taxes j Ju«t glance over tills. Mr. and Mrs I Homcseeker. We sell you the house, with no Interest, with no taxes, on small . cash deposit, on rental payments. AT TUB SAME TRICE AS OTHERS | Further, If you die. your heirs or asslgn3 ; get a clear title to the property. I CAN YOU BEAT Tills? ■;f-«< Com* In and talk with us. ; Cooperative Building Co. 626-837-628 Merchants Trust. Bldg. AU'3O; Main 9120. . y^ • ■ -' • ' [_ __^ __ _____^* Money Earns Four Per Cent OPEN A TERM ACCOUNT TODAY—AS IJTTI.K AS $1 WILL DO IT. Los Angeles Trust & S «ings Bank Central lSld*, blxth ana Miuu. .' . . . . First Exclusive Private Wire House on the Pacific Com» J. C. WILSON HXMBJCB NltW YORK STOCK nXCHANOB CHICAGO BOARD OF TRAP* THE STOCK AND BOND EXCHANOX. 8. W. CORRESPONDENTS HARRIS, WINTHROP & COMPANY OFFICES— HOTEL ALEXANDRIA, 213 Welt Fifth St. HOTEL I»KI. CORONADO. Coronad* MILL."* BUILDING. San I'ram PALACK HOTEL, San Francisco '' Open December IV. Pasadena Clients Will Get Instantaneous Service bjj Calling Home 119 B. G. LATHROP, Manager FI»B»—TKT.ICrHONES—MAIN 87*8 CLEARINGJHOUSEBANKS J ~ " NAMrT ~~~~ ~"^ OFFICEB3 United States National Bank p. w. bmith, e«»bi«. President, nited States National Bank F . w , smith, cashier. Capital, 1200.W0. S. K. corner Main and Commercial. Surplu» and Proflts. tT^.IWO. C— — TZ '■ TT^ i '— ~~ U. .I. WATKIW. President, ltizens National Bank wm. w. woods, cashier. Capital, J1.000,000. S. W. corner Third and Main. '" ' Surplus, 8500,000. C. ■t. , W~ A BONY.N'C'tE. President. | ommercial National Bank newman bsmck, cashier. im S. Spring, corner Fourth. BuFplus ''".''llvl^ ProHts. %U.m. Farmers & Merchants National Bank chahlbs Bannusß, cashier.' Capital, $1,500,000. Corner Fourth ann Main. ' Surplus and Profits. $1,900,000. F~~. 7Z ! r-T : ' ' ' J. M. KLLIOTT, President. irst National Bank w. t. s. hammond. cashier. Capital stock, 11,260,000. ', >,< , S. K. corner Second and Spring. Surplus and Profits, J l 'B^oo^ Merchants National Bank chas. GREBNE."cash"ier. S. V.. corner Thirl and Spring. Capital, 1300,000. Profltn, .««««» g K . corner Third and Spring. Surplus & rn.llvlded Pront.-. JUM.OOO. 1N 1 TTr ;. _ ... I ' J. K. FISHBUBN, President. ational Bank of California h. a mckbb. cashier. ■ X. B. corner Fourth and Spring. fapltal, $500,000. WMft N. K. corner Fourth and Spring. SurplusJfe Undivided Profit.. JIK.W. Central National Bank jamhhTb. gist, ca«hier. Capital, $300,000. ....«»« S. B. corner Fourth and Broadway. Surplus & Undivided Profit.. JJ43.00*, —^ WARREN OILLELEN. President. Broadway Bank & Trust Company A . w. kbdman, cashier. J ; Capital, $260,000. - "-. 308-310 Broadway. Bradbury building. ■ iurplua ft Undivided Profit.. KS.OM. LOS ANGELES SAVINGS BANKS CECUKITY . . ■■■■ - .■■ largest and Oldest in Southwest Resources $28,000,000.00 ray. the highest rates of "interest and on the most liberal term, consistent wltH •ound, conservative banking. Money to Loan on Improved Real Estate Security Building Spring and Fifth Streets^ iniwiiiwiiKs bank ' IMPI' THE. BANK WITH THE wm^KT EFFICIENT SERVICE £ SPRING AN FOURTH JTT.SV LOS ANGELES TR UST COMPANIES li L . D I JT BI ,^fA Paid Up Capital $250,000 Merchants Bank and I rust to. surplus over ■ $200,000 Sgfe« Hoover street. 209-11S. Broadway Z^MSSSJr** —— i Write Us for Information and Prices on All Listed California Oil Stocks Among the Best Buys Today Are Coalinga Central PROPERTY—One-sixth royalty lease on 120 acres or the choicest land in the Coalinga Held, right in the center of the oil producing belt. First two wells pro ducing, and two wells drilling. Should begin paying 1 per cent per month divi dends this fall. Property can easily earn 5 per cent per month dividends on par value. Management In hands of highest grade oil men in the state of California. Stock listed on California Oil and Stock exchange at San Francisco and Los An geles Stock exchange at Los Angeles, be ing actively traded In now at prices around 55c (par }I>. A splendid buy for profits or dividends at any price under *1. American Oilfields 6% Bonds These bonds carry with them a bonus of SO per cent of their face value In common stock. The company owns a little over 16,000 acres of oil land, most of which Is in the Midway district. Have three pro ducing wells, and drilling about twenty more. The bonds insure 6 per cent per annum interest on the Investment and the Stock bonus has a very high speculative value. Coalinga Crude This company owns outright 20 acres of the choicest land In the shallow part of. the Coaling*, field. Have complete camp, one water well completed and are near illjT completion of first oil well. Property is absolutely proven and sure to bo splen did producer. Property can easily earn 3 per cent per month on par value of stock. Stock listed on Los Angeles Stock Exchanse and now being traded In at prices between 26 and 30 cents per share. This stock now that this well is nearlng completion we consider a most excellent buy at any price under 50c. Full detailed information regarding any of these stocks, with maps, photos, etc.. will bo furnished free to anyone culling tit our office or sending In the below ,coupon, In writing please state which stock you desire information about. COUPON Pacific States Guaranty & Land Co., 614 H. \V. llellmau Bldg., Los Angeles. Gentlemen—Please send me, free of cost, Information regarding stocks referred to above, also free copies of magazine, "oil Securities," for six months—all this with out any obligation whatever on my part. Name .Street and number ..' City H-2 Oleum Development Company The best speculative purchase of ah the oil stocks. Full information furnished, and order* executed by Fielding J. Stilson Company SOB 1L W. Ilellniau Building. A2547 Main 105. It's as easy to secure a bargain In a used automobile, through want advertising, as It used to be—and still la—to secure a horse .and carriage. FREE A BIRDSEYB VIEW MAP OF MIDWAY THIS BEATS THEM ALL IT IS A CKACKERJACK AND ITS COR RECTNESS WII/L. PLEASE AND ASTONISH YOU SECURE ONE OF THESE FREE MAPS It's the next best thing to an actual trip to America's greatest oil field. At oner glance and immediately before you Is the famous Lakevlew pusher. Nine mile, in the distance Is seen the Mays gusher. , This map Is for stock Investors or those Inter* eated In oil—and IT'S FREE. THE DEMAND WILL BE LARGE —THH SUPPLY SMALL. i Call early this week or write for a FRBB COPT EVERYBODY WILL WANT ONB. ' BO HURRY. WAY C. WEST 711 Story Building-, ' /, Los Angeles, Cal. France-Wellman = Oil Co. = Owns 55 acres Section 10, adjoining Lake* view, Section 25. Its stocks are selling foe 25 CENTS A SHARE NOW It's Worth More Money Investigate It and the business standing ot the company's officers. Phone 60198 or Broadway 4685. or call 628 STORY BLPQ. 6 Cents a Share i The Price of Second Block Mldway-Moricopa Crude OH Co. INTERNATIONAL INVESTMENT CO.. 1012-13-1* Union Trust Bid*., Fourth j and Spring st».. Los Angeles. Midway Provident Oil Co. "The Company that has the Best Start." Midway 20C Stock 813 Central Bldg., Sixth and Main Bts. Our board of directors ha» authorized a public offering of our treasury stock at 35 Cents a Share Los Angeles-IMittrick Oil Co. 534 I. W. Hellman Bids.. Fourth and Main. Verdugo Canyon Land Co. - Has Just Issued the Most Beautiful and Aw ttstlo Illustrated Booklet ever published la Los Angeles. Call or send for nno. JNO. A. PIRTLE 10c a Button, $1.00 a Rip Dutchess Trousers at ; F. B. SILVERWOOD'S 1 Sixth and Broadway i 9