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6 From Mines and Oil Fields OLD YORK MINE RETURNS ASSAYS OF HIGH VALUE Practical Miners Operate Prop erty That Has Made Good. Ships to Smelter PRESCOTT, Sept. 19.— L. Bartho lomew and James Rees are here from the mining camp at Tarnell. They brought a large sample lot of the ores taken out of the old Tork mine, that has attracted the attention and Inter est of many miners who have Inspect ed the product. The above operators, In conjunction with J. S. Riley and the estate of tho late Ed. Gillespie, have been for years quietly develop ing this group, and until recently but little publicity has followed their op erations. Of late, however, the proposition has come into prominent rating, and the samples brought back for assaying ara the avenue of giving this enterprise the merited regard it is assuming in gold proluctlon possibilities of the greatest expectations. Interest follows this undertaking from the practical regard extended by Its faithful and energetic opera tors from the 'beginning of the de velopment on the surface to Its deep est point. From a mere prospect with limited work, these tireless men have persisted until at the present time a depth of over 400 feet has been reached, establishing the Indisputable fact that they have a mine ln any sense that the term may be applied. In addition to this they have ex pended their own money and muscle, and the life of the undertaking re flects the wisdom of their judgment by what they have accomplished. . The Tork is an illustration otf what well directed and capable man agement will accomplish, and ln this specific Instance of Independent and practical effort, the property is open for Inspection of any who desire to Investigate it. Assays range in gold from $8 in ledge matter to $157 a ton of the ores in the vein. The bodies that carry the higher values run from twelve Inches to twenty-four inches, in a vein of free milling, with Iron sul phides, lead and lead oxides. The exhibit is the best of its character that has been seen in this city in recent years. The ore is in porphyry between granite walls, which condi tion commends the property from a geological standpoint. From development they have on the dump over 100 tons, which will give at least $30 a ton ln gold values, while in the shipping grade the values will run from $100 to $150 per ton in the same metal. On the 400 foot level they have starred to drift both east and west, and this work will be fol lowed. They feel very enthusiastic over the showing at that particular point on the group, of which they have six claims. They will return to their camp in a few days to con tinue development and will make ar rangements to ship the product to the Humboldt smelter. , . CONSERVATION ATTRACTS ATTENTION OVER STATE That agitation over the conservation policy is liable to break out in exceed ingly virulent form during the annual convention of the American Mining con gress, which will he held in Los An-i geles September 26 to October 1, is indicated by the activity which is be ing displayed by loth sides in pre senting the issue to the mining In terests of the west. The mining In dustry is the one most vltually affected by the general policy of conservation. Its leaders are men who, while sup porting the policy in a general way, demand nevertheless that a liberal and progressive policy be enacted—ono which will allow the free use and development of western resources by the present generation. Senator W. E. Borah of Idaho, a state where mining and power interests are paramount, sees great danger in adopt ing a policy which is too restrictive. Borah is slated for an address at the Los Angeles meeting of the mining congress and ln a recent Interview characteristically set forth his position with regard to conservation as lt ls liable to affect the west. He says: "Any conservation policy Incorporat ed Into law must have as Its basic and fundamental principle that of economic use and development. Our natural resources are not te, lie Idle, Imprisoned and unusable. If you would Join us in that proposition, dedi cating them to the economic use of those who develop them, we shall gladly join you in formulating a pol icy of development and control and regulation which will avoid waste and extravagance and monopoly, in so far as It Is possible. "But upon a policy of non-use, of strangulation of the great west, we stop at the first call for legislation. If strangulation is to ho had it will first be tried upon something else." EXTRACTS RICH SAMPLES FROM ROYAL FLUSH GROUP GOLDFIELD, Sept. 19.—James T. Williams, owner of the Royal Flush group at Gold Mountain, is ln camp, and brought with him samples from a strike he has Just made there. In a drift from the shaft, at a depth of 100 feet, he has opened a fine streak of iron and copper sulphides from eight to eighteen inches in width, which gives average assays of $112 a ton. The principal values are gold. This discovery Is on the same ledge that distinguished itself with a sen sational glory-hole a feu- years ago. The drift is now nearing the Junction of this and another vein, and Mr. Wil liams believes that he will soon develop a larger ore body and higher values. Speaking of the storm in that section Wednesday night, he says that it was very severe, the rain coming down out of the heavens "as though someone had pulled the plug out." Considerable damage was done to the roads, al though they were not entirely washed out. ' UNITED OIL CO. STOCK LISTED ON EXCHANGE Securities of the United Oil company were listed on the Los Angeles stock exchange Monday. The capital stock of the company Is 2.000,000; amount Issued, 1,288,131, pur value $1 each. The company owns 830 acres of oil land and holds leasee on 160 acres. Monthly production Is 30,000 barrels. Three wells ere pumping, five drilling and eleven tuber wells ere soon to be developed. The officers are '.'. F. Whittler, president; E. D. Morrison, vice president; J. n. Iledrlck, seerefcrj-i C. P. Campbell, treasurer, j JAMES WYNKOOP BEAR CREEK STOPS DEVELOPMENT WORK; WILL SELL OUTPUT BAKERK ITEMS, Sept. 19.—Well No. S of the Bear Creek Oil company, which was drilled In at » depth of about 1500 feet, Is on the pump, orders being Is sued by the board of directors to stop farther progress of rrdrllliiiK. Opera tions on well No. 4 have been ordered stopped and the well will also bo put on the pump and the production from these wells will be sold to companies operating in the vicinity of the Bear Creek property. The Bear Creek com pany owns 260 acres of land ln section 14, 31-22, and holds an option on north 160 acres In section 14. ' MINING QUOTATIONS NEVADA STOCKS Exclusive dispatch to The Herald by I*. A. Crlsler & Ca., members ot Los Angeles stock exchange, 200-201 I. W. Hellman building, Los Angeles. SAN FRANCISCO, Sept. 19.—The right kind of support was lacking In the general market for Southern Nevada stocks today and the entire list was dull and apathetic. The Goldfield list showed but few changes. Consolidated was down 5 points and Florence 2% points. Belmont held steady around last week's fig ures of »4.30 to 4.35. Jim Butler was offered at 30 cents and Midway at IL i Following were the closing quotations: GOLDFIELD DISTRICT Bid. Ask. Bid. Ask. Adams 1 2 Kewanas .... 8 9 Atlanta 13 13 Great Bend.. 3 4 Booth 10 11 St Bend An. .. 1 B B Exten.. .. 1 Grandma .... 8 8 Blue Bull ..J -6 Jumbo .Ex .. 44 45 Blue Bell .. .. 4 Kendall 3 4 B B Bon 2 Lone Star 6 Col Mtn ...t 4 5 Lou Dillon .. .. * Comb Frac... 40 41 Oro 7 9 Crackerjaok.. 1 3 Red Top Ex. 3 4 Daisy 4 6 Red Hills ... 3 5 Florence 222% 225 Sandstorm .. 4 Flor Ex .... 1 2 St Ives 15 Pr Moh 3 .. Silver Pick .. 8 10 Gold Con ...810 825 Tel Tiger 8 TONOPAH DISTRICT Bid. Ask. Bid. Ask. Belmont ....430 4.15 North Star ..7 8 Jim Butler.. 28 80 Res Con 8 Midway 20 21 Ton Mln ....850 800 Montana .... 90 .. Ton Ex 90 MacNamara.. 25 29 |Wst End Con 59 ■61 BULLFROG DISTRICT Amethyst 1 Bid. Ask. Bullfrog Mln .. i Mongm Mtn. .. 1 BuUfrg N B .. 1 Mayflow Con. 3 4 Bonnie Clare 4 6 Tramp Con .... 6 MANHATTAN DISTRICT Bid. Ask. Bid. Ask. Little Grey.. .. 2 Man Dexter.. 7 8 Man Con ... 4 6 Mustang .... 1 2 Man Mining. .. 1 Thanksgiving. ... ' 4 OTHER DISTRICTS Bid. Ask. Bid. Ask. Eagle's Nest 5 .. RoundMtn .. 43 I. F'vlew Eagl .. 40 Pitts Sllv Pk .. 60 Key Hills ..235 240 Coalition .... 10 BOSTON MINING STOCKS Special service to The Herald by J. C. Wil son, 212 West Fifth street. Los Angeles. BOSTON, Sept. 19.—There was no change ln the situation to cause any activity ln the mar ket today. The majority of orders seemed to be on the sale side, and certain of the special ties were slightly weaker. Indiana and Al gomah were freely offered; on the other hand. North Butte was strong and closed higher. Quotations closed as follows: Bid. Ask. | Bid. Ask. Am Pneu .. 47, 5 Mohawk .. .. 47 48 do pfd .... 15 16 iNevadaCon .. 20 20% Adventure .. 6 6% North Butte.. 27% 23 Allouez .... 40 42 Old Dominion 35 36% Atlantic .... 6 7 Osceola 127 Arcadian ... 5 6% Parrot 18 Ariz Com ... in 16% Qulncy 73 74 Apex S% 3%|.Santa Fe .... 1 174 Boston Con., shrd mmShoe Mach.. 61 51% Butte Coal'n 18 18% Shannon .. .. 9% 9% Calu A Ariz 57% 68% do pfd 28 28% Calu & Hec.645 555 Sup Copper .. 45% 49 Centennial .. 15% 18 Sup and Bos 8 8% Con Mercur.. 6 10 Pup and Pitt 11% 11% Cop Range.. 65% 66 Swift 101 101% (Daly West.. 6 6% Tamarack ... 55 67 East Butto.. 7 7% Trinity 6% .. Elmßlver .. .. 20 United Frult.l9s 196 Franklin .... 11 11% 'U S Smelt .. 38 SS% Granby 32 33 do pfd 48% 49% Greene Can. 6% 6% Utah Con .. 22% 23% Hancock .... 19% 20% Victoria 2% 3% 15.... Royale.. 20% 21% Winona 7- 8 Keewenaw .. 3% 4 Wolverine ...115 117 lake .. 32 S3 Wyandot .... 1% 1% La Salle .... 9% 10% Mass Gas ... 81% 81% Mass Copper 7 7% do pfd 91% 92 Mayflower ..40 .. North Lake.. 8 9 Max Con .... 41 45 Indiana .. .. 13 14 Miami 18% 18* Mgomah .. .. 11 11% Michigan .... a 4%| NEW YORK CURB Special service to The Herald by J. C. Wil son, 212 West Fifth sireet, Los Angeles. NEW YORK. Sept. 19.— Following were the closing quotations: Bid. Ask. Bid. Ask. Am Tobacco. 400 410 Mason Valley 8% 8% Ii S Gaa .... 0% 0% Miami 18% 19 Chicago Sub 4% 4% Mines of Am 64 68 Havana Tob. 3 6 Nevada Utah 0% 0% Stand'rd 0i1. 598 600 Nlplsslng .... 10% 11% Cns Stmp Rl7 21 Ohio 1% 1% Butte Coal'n IS 18% Rwhlde Coal. 11 11% Davis Daly.. 1% 1% Ray Central.. 2% 2% Dolores 6% 6 Ray Consol 18% 18% Ely Central. 0% 0% South Utah .. 1% 2 Ely Consol.. 28 32 United Coppr 4% 6 Greene Can. li% 6% Yukon 8% 4 Glroux 6% 6% Chino 16% 16% Inspiration .. 7% 7% Consol .Ariz.. 1% 2 Kerr Lake .. 6% 6a Keystone .... 2% 3 La Rose .... 6% 6% El Rayo .... 3% 3% SAN FRANCISCO OIL STOCKS Service to The Los Angeles Herald by L. A. Crlsler & Co., members Los Angeles tatock .. change, 200-201 I, W. Hellman building, Los Angeles. SAN FRANCISCO, Sept. 19.—Following were today's quotations on the San Francisco stock exchange: —Opening— —Closing— Bid. Asked. Bid. Asked. Associated Oil ... 43.25 44.12% 44.60 44.75 Brookshtre 1.40 1.50 1.40 1.45 Illinois Crude .42 .... .42' Mascot Oil 2.45 .... 2.45 Monte Crlsto .... 2.60 2.75 2.60 . 2.80 New Pennsyl .79 .... .79 Palmer Oil 1.87% 1.40 1.40 1.45 Premlor 65 80 .90 Silver Tip 1.25 1.30 1.25 1.30 Bales— Pacific States .32: 600 Palmer 1.37%; 100 Silver Tip 1.25; 1500 S W and B .30; 20 Union 100. RIVER FLOODS WORKINGS OF RICH PLACER MINE GRASS VALLEY, Sept. 19.— the Golden Dream mine down on the Yuba river operations have been forced to cease owing to the immense amount of water that was coming down the river. The storm coming up so suddenly gave them no (bailee to make prepara tions, and even so the volume of water was too large to handle The large pit which was sunk In the river was filled, and as the water was pumped out sand would gradually set tle until it was decided to wait until the water* abated. It will be the mat ter of probably on* or two days before operations will be started again. The river is being worked by draw ing the gravel from the pit by suction, after which tla' gravel is worked by the usual process. When the winter rains set in all work on the river bed will have to be abandoned, so the company ls rushing work as fast as possible while the water is low. PRICES OF METALS IN NEW YORK MARKET <$> <?> .i, NEW YORK, Sept. 19.topper, <» ... quiet; epot and October, f13.10@12.30. <§> <S> Leal, quiet, at $i.3V/j@iA.M. & <*> Bar silver, 53 1-lc. <$> LOS ANGELES HERALD: TUESDAY MORNING, SEPTEMBER 20. 1910. WHITE PINE MINES INCREASE IN VALUE Properties, According to Assess ments by County, Appre- ciate in One Year GOLDFIELD, Sept. 19.—An increase of nearly $1,000,000 ln the valuation of property In White Pine county over last year Is shown by the assessment roll for 1910, which has just been com pleted by the assessor and turned over to. the county clerk. The total for the year of 1910 Is $6,725,755, while the val uation for 1909 was $5,815,522. The larger portion of the Increase for the period is assessed to the Steptoe Valley Mining and Smelting company, its total assessment amounting to $2,009,470 as against $L 245,920 on which that com pany paid taxes last year. The roll embraces 1430 separate de scriptions of property and covers 725 pages in three large volumes. The practice of trying to divide the property assessed according to school district boundaries, as has been done for sev eral years, was changed, and all names of owners are entered in alphabetical order, with the description of all their property on which they are required to pay taxes following under the one head. This plan is according to law and more convenient for reference, as sometimes under the old plan an owner's name would appear in several districts, and errors were made by getting property listed ln the wrong district. The roll ls being printed,; and a copy will be mailed by the assessor to all parties whose names appear ln It. The Steptoe Smelting company is assessed on lands $50,000, on personal property $218,220 and $1,740,450 on the big plant at McGill. Last year the company was assessed for $1,258,920 on which it paid the sum of $27,701.96 In taxes. - . a CONTRACTS TO FURNISH , BIG ELECTRIC VOLTAGE BAKERSFIELD, Sept. 19.—General Manager W. F. Boggs of the Kern River Oil Fields, Limited, confirms a report here that the corporation has contracted with the San Joaquin Light and Power company to furnish 2500 --horse power to the oil fields to run the machinery of the company. This amount of power is one-third more than can now be furnished by the plant of the power company recently bought In Bakersfleld. It is under stood that the excess of power neces sary is to be supplied direct from Crane valley, Madera county, where great extension has been made "in the company's generating facilities. The Kern River Oil Fields, Limited, is a large corporation, recently pur chased by French capital for $7,500,000, from the Imperial 33, and Keith and Mack. * ' It is stated that 200 motors are to be Installed for the purpose of operating pumps, drills and other machinery. The use of motors at oil wells, which has been recently Introduced, is being rapidly adopted both ln Kern county fields and the Coalinga district, as a solution of the problem of bad water for boilers, and the ra^id depreciation of machinery, which makes the ex pense of drilling for oil much greater than it would otherwise be. SOUTHEASTERN ENTERS COALINGA OIL SAND rijALINGA, Sco;. V. —The South eaticrn Limited, IS-::0'.o, is reported to l.a«" gone Into the oil san 1 last Mon day at about 3500 feet, ami how for ln the sand they are Is not known i>s those upon the property are not giving out any information. It is presumed that there is the same depth to the sand as in the Mohawk, about a mile away. The Southeastern was started about a year ago and those most heavily In terested are Wilcox, Meyersteln, Na than, Samuels, Fleishacker and Capt. Barneson. They are also Interested in many other properties in that part of the field. The bringing in of the Southeastern will give an impetus to drilling opera tions in the east side, and along the Coalinga anticline, as it will prove the anticline does not dip to the extent generally supposed. The Southeastern will hardly be more than 100 fee|t deeper than the Mohawk, if that much, and drilling will be much safer for other companies upon this proof, i LITTLE CHANGE IN TIGER GOLDFIELD, Sept. 19—There is little change in conditions at the Yel low Tiger, which is still being persis tently developed under the manage ment of James Bates, representing the wealthy Colorado syndicate that is backing operations, firm in the belief that they will yet make a mine out of the Tiger. A drift is being driven along the con tact that was encountered 345 feet west of the shaft, on the 725 level, and it lias followed this contact for eighty five feet, going into the hill. The for mation looks good for ore, but the values are low. Mr. Bates expects bet ter results when the drift has been ad vanced some distance farther, to Where a change in formation is indicated by surfaoe showings. The drift must also be driven about 100 feet to get under where a bunch of good ore was found in the 600 level about two years ago, before the shaft was sunk to Its present depth. METAL MARKETS NEW YORK. Sept 19.— Standard cop per quiet; spot, September and October, $1»10@12.20; November, $12.1311)12.20; De cember. $12.15(g)12.23V4. London dull; spot. £54 17» 6d; futures. £.'.;, lis 3d. Arrivals reported at New York today were 1140 tons. Custom bouse returns show exports of 17.699 tons so far this month. Lake copper. $12.60012.75; electrolytic. $12.37% 012.f2tt: casting, |12.12%4012.»7i». Tin quiet; spot. $35.16@55.17>&; Septem ber, $35(833.15; October. $84.50« 31.85; No vember, $34.25@34.75; December , $34® 34 50. London dull: spot. {159 7s 6d; fu tures, £158 2s 6d. Lead quiet; $4.37 04.42% New York;. $4.2b®51.30 East St. Louis. London spot, £12 12s 6(1. Spelter quiet: $5,505? f..60 New York; $5.3714(& 5.45 East St. Louis. London, spot, £23 7s till. Iron —Cleveland warrants, 4Ss 10 %d. Lo cally Iron was quiet; No. 1 northern. $15.50 %16; No. 2. $15.'35015.75: No. 1 southern and No. 1 southern soft. $16.734> 16.25. NEW SAN DIEGO COMPANY The Tla Juana Valley Oil company has filed articles of incorporation at San Diego. The promoters propose to prospect for oil to lease oil lands and to lay pipe lines. The capital stock la $75,000. Incorporators are A. C. Hun don, A. P. Meeker, John F. Scott, E. G. Dehm and F. E. Wisecup. COLE SHAFT OF S. & P. WILL QUIT INDEFINITELY BISBEE, Aria:., Sept. Within a week the Cole shaft of the S. & P. company, commonly known as south Bisbee, will be shut down for an In definite period. The shipments of ore from this shaft have already been stopped and the mine will be put ln shape for closing down within the next few days. Frank Juliff. who has charge of the work nt the South Bisbee, will go to the Junction, where he will be ln charge of that mine in the place of Charles Collins, who has resigned. The closing down of the Cole shaft will affect about 100 men. It is ex pected that within the next two weeks or ten days the majority of these men will be absorbed by the other mines being operated by the company, so that while the production of the dis trict will be somewhat lowered the total number of men employed will not be reduced to any extent. It is under stood that the men with families will be placed promptly, while the single men will probably be placed within a short time. PRAISES HERALD EXPOSE; ASKS CONCERNING AUSTIN The following letter was received by the editor of this department yes terday: 2118 Curtis avenue, Alhambra, Sept. 19,1910. Mr. James Wynkoop, Mining Editor Los Angeles Herald, Los An geles. Dear Sir: Allow me to express my appreciation at the able and fearless manner In which you have disclosed the methods of the Standard ln the Devil's Den operatives. ■ The proposed enactment of legisla tures of mining states to eliminate swindling from mining should receive the support of every "square mining man. From time to time your columns have contained special correspondence from Austin, Nev., with reference to the Austin-Manhattan Colsolldated Mining company. Does the Austin- Manhattan company supply the in formation? Can you kindly inform me whether Mr. C. E. Miesse of the firm of Evans Miesse company, investment bankers, Fisher building, Chicago, is still presi dent of this company? Evans Miesse & Co. promoted this company. Capital stock, $10,000,000, a consolidation of about 150 companies (?) at Austin, Nev. $6,000,000 of the stock was allotted to promoters and former owners and $4. --000,000 to the treasury. Miesse was al so president of the Octav Mining company of Arizona, capital stock, $1, --500,000. Miesse was formerly Interest ed ln the Ponn-Wyomlng Copper com pany. Evans was identified with the Bully Choop Gold Mining company of Bedding, Cal. Miesse was one of the gang who assisted In putting through the Cripple Creek Homestr.ie Mining and Reduction company deal, which caused ruin to many and was a rank swindle. Promotion stock was Issued as trea sury stock and 1 pep cent monthly dividends was paid out of the sale of stock. If this man is still president of the A'^stin-Manhattan, etc., lt might pay you to write to R. G. Dun & Co., Chi cago agency, as that company v has in vestigated. Also to Mr. Alexander W. Grant, now deputy state insurance commissioner of Cofodaro, but former ly clerk and recorder of Teller Co. Cripple Creek, Colo., and receiver of the C. C. Homestake M. & R. company. His address Is Denver, Colo. As re ceiver he went before the grand jury to have the various members of the gang indicted, but was barred by the statute of limitations. Miesse wrote me he was financially and physically down and out through trying to save (?) the Homestake. A short time afterward he rose again and was' president of two companies (as above) with an aggregate capital of $11,500,000. After the stand you have taken in the Devil's Den case you may like to investigate this man's connection with the Austin-Manhattan, etc.. as well as the companies he is connected with. He formerly worked a mine in the cen ter of the town of Cripple Creek with a man named E. A. Norton. A Los An geles brokerJ. E. Meyer—advertised this stock for sale in the Los Angeles Times in 1908.. The 150 companies com prising the Austin-Manhattan property w?re reported for the most part claims and I believe widely separated from the plant which was supposed to han dle the output of their various claims. Yours for square mining, HERBERT T. ARKCOLL. PRAISE FROM ABROAD Of California's production of oil the London Financial News says: "Those weak-kneed individuals who are timorous regarding the future of oil might do worse than bestow a lit tle consideration on the conditions prevailing ln California, which has leaped almost at one bound into the premier place as an oil producing state. As a nerve bracing tonic noth ing finer can be prescribed, a lusty optimism as regards the future being backed up by actual facts which are calculated to make those unacquainted with the facts gape. "For California has lived on the rep utation and golden glamous of '49, but in the cquntry Itself, and among those who are interested financially in its prosperity, gold is no longer the open sesame. Oil is now tho name to con jure with. Monthly dividends of more than $600,000 are being paid to the for tunate stockholders of the listed com panies, and the total amount so paid since the establishment of the industry ls not less than $45,000,000. This sum has been earned on a total output of '335,000,000 barrels. "Although the foreign market has not yet been developed as it might be, California is the largest producer in the Union, and Is responsible for 15 per cent of the world's output. By ex perts the industry is regarded as only in Its infancy, and its financial backers are showing their confidence in the future by putting up $5,000,000 where with to build a great pipe line nearly 2000 miles long, which will connect Arizona and "open up New Mexico." OPERATIONS IN SONORA DOUGLAS, Ariz., Sept. 19.—1n the opinon of B. N. Norton, a well known mining engineer of this city, the sec tion of the Cananea district lying north of the smelter in which is situated the Calumet and Sonora property and sev eral promising prospects, will revivify the entire district and make it again tho spot toward which all eyes will turn. "Cananea," says Mr. Norton, "is rather quiet at present and there has been some slight curtailment of the working force of Greene Cananea within recent weeks. Every one is looking hopefully to the future, how ever. The portion of the district north of the smelter is attracting great at tention in the mining world at present, and I look for It to be the influence that will act in reviving tho entire camp." : The Calumet and Sonora ls working ahead with good success, he stated. OFFICIALS PROBE RAILWAY DEALS Controller of the Illinois Central Yields Disclosures Before Interstate Commission (Associated Press) CHICAGO, Sept. Alleged stock inflation and manipulation, designed to turn over to* the stockholders large sums of money without putting in the company's record any reference of more than passing fair dividends, was the subject into which the interstate commerce commission delved today at its continuation of the hearing, pending the suspension of the freight rates of western lines scheduled to take effect September 1. The stock . manipulation feature of the Inquiry was suggested by Commis sioner Clements, and was Immediately taken up by the commission attorney, Frank M. Lyon, and Attorney Atwood of Kansas City,- who appeared for the general shippers' committee, which Is fighting the increase. Controller Blauvelt of the Illinois Central railroad was the witness from whom the disclosures which followed were obtained. Commissioner Clements called the witness' attention to figures he had furnished on direct examination by the railroad's counsel. . The commissioner said:... AMAZING RISE IN FIGURES "You say, Mr. Blauvelt, that in 1891 your capital stock was $40,000,000 on 2875 miles of road, and in 1910 on only about 1700 miles more it was $109,000,000. Also that in 1891 the bonded indebted ness was only $62,000,000, while in 1910 it had reached $176,000,000. Why Is this?" "Well," was the answer, "what would appear to be the excess went to improve the roadway and for equip ment and purchase of other roads." "And how was the stock raised for these purposes sold?" continued, the commissioner. "Was it' on the open market?" "Part of it was. But most of it was sold to the stockholders at par." "Was there ever declared a stock dividend?" "I am sure thore was not. That would amount to the same as any other dividend, you see. That Illinois Central stock sales represent real val ues, y6u must see, ln dollars and cents." . • Here Attorney Lyon sought to have the witness differentiate between giv ing stockholders a stock dividend or giving them stock worth more than par at parity. The controller Insisted there was a vast difference, even if the result were the same in cash to the stockholders, which he admitted. STOCK TRANSFER METHODS This part of the testimony opened a new question of the disposition of a corporation's stock and Commissioner Lane, after asking if lt was to make the stock value approach the cash value, and being informed it would not, allowed the attorney to delve Into the par stock deals. . , "If your stock sold at 150 in open market," asked the attorney, "and you gave It to your stockholders at 100, what became of the e^tra 50 per cent of its value?" "Why, it went to the stockholders, was the answer. "Then the upshot of it was your company added to lis capital stock by letting stock go toT>lr when it needed money, when it could have sold less stock on the open market, satisfied its needs and kept the capital stock down, giving less capital to flgure div idends upon; isn't that so?" Controller Blauvelt was unwilling such an impressron should prevail, he said, and he explained by saying: "Supposing we dumped $15,000,000 in stock on the market at once, It would send its value way below par. I con sider it a good business policy to sell where we were sure it would bring par and keep control of the road where it was." FORTY-NINE MILLIONS SOLD Attorney Atwood asked how muoh of the company's $285,000,000 in stocks and bonds had thus been sold at par since 1900. The reply caused other attorneys for the shippers to examine the records that had been submitted by the com pany. Mr. "Blauvelt answered: "I flnd the sum was $49,000,000 par value." "That, sold in small dabs on the market, or if it all could have been sold at market prices, would have amounted to about a third or a half more? Half or more in addition to that flgure, wouldn't it?" "I don't know," replied the witness. "I think I can help you," answered the attorney. He read from a stock and bond company's pamphlet, which quoted the high and low market prices in the period covered as between 122 and 174, with an average of about 150. Commissioner Clements Interposed an Inquiry that directed the questioning along a new line, that of the uses to which stock sale money was put, and the possibility of actual gains of the company being hidden in its owning stock and bonds in subsidiary com panies. The controller answered this ques tion by insisting that when the parent company paid out maintenance costs for subsidiary companies and the sub sidiaries paid back dividends, those returns were not properly sources of income to be" considered In computing dividends. The commissioner asked: "Some ot this additional property which your company acquired was purchased by earnings, wasn't it?" "It was," was the reply. "Then." interrupted Attorney Lyons, "does the income include returns from these outside companies?" "No, certainly not," was the reply of the controller. "Few of them pay any dividends and return revenue is consumed in payment of expenses on their separate lines and doesn't fur nish the parent company with any ex cess for income." Attorney Clifford Thorne of a far mers' co-operative accosiation then sought to show by the witness that the present year's high cost of main tenance was abnormal, ahd would not be expected next year, hence Increase of rates on that account was not nec essary. The controller did not have the spe cific Information he sought. WILL OFFER MEASURE TO REGULATE TAXICAB FARES An ordinance to regulate the prices to be charged by taxlcabs tmy be Introduced to the council todafr. The ordinance is one of Councilman Greg ory's pet measures and he believes It should be passed without delay. The rate he recommends Is 60 cents for ono person for the first mile and 25 cents for each additional person for the first mile, .making 75 cents for one couple for the first mile. For each succeeding mile or fraction .25 cents a mile. PEDESTRIAN STARTS ON WALK TO NEW YORK CITY A. Wood, the long distance walker, who, accompanied by his wife, walked from Los Angeles to Seattle during April, May and June, 1909, left Los Angeles yesterday at 1 o'clock for New York city, where he expectu to arrive by January 1, 111.. Equipped with only a few provisions, which he car ried on his back, the sturdy, one-armed man registered at The > Herald office at 1 o'clock and then, after wishing every one the best of luck, started out North Broadway on his way to Po mona, which point he hoped to make early last night. . Mr. Wood will go to San Bernardino, then across the desert to Alberquerque, and skirting the border of the southern limit of winter storms, reach the At lantic coast somewhere near Wash ington. D. C, whence he will travel by easy stages to New York city. HIGHWAY COMMISSIONERS AND ADVISERS RETICENT Members of the highway commission and of the advisory committee were not prepared to say yesterday, follow ing the submission of the report of the investigating committee to the board of supervisors, whether they would follow the committee's sugges tion and resign. The members of the advisory committee are: F. F. Blanchard, ,'chairman; T. Earley, P. J. Beverldge, H. Barndollar, A. P. Fleming, P. J. Walker, G: F. Whiteomb, William Mulholland, A. A. Hubbard, J. A. Anderson, E. C. Bich owskl, Joseph Scott, J. O. Koepfll, C. H. Plummer and Homer Hamlin. . G. H. Blxby, J. W. Calvert and M. C. Marsh comprise the highway commis sion. Chairman Blanchard of the advisory committee stated that a meeting of the committee doubtless would be held at which the report of the Investigators would be carefully considered. No step toward calling such a meeting was tak en yesterday. Mr. Blanchard took ex ception to certain sections of the re port adverse to the advisory commit tee, but said die had not read the re port in full and did not want to make a statement. DETECTIVES ASSERT THEY ARE UNABLE TO WALK BEAT Patrolmen Talamantes and Rico, former detectives who were reduced to patrolmen "for the good of the ser vice," were the subject of an earnest debate by the police commission last night, when an opinion from E. R. Young, assistant city attorney, was read. The opinion holds that Rico can be reduced to the ranks and made to walk a beat if he is physically able to do* so, because he was a patrolman acting as detective, but that Talaman tes cannot be reduced arbitrarily by the police commission, because he was regularly appointed detective. When they were reduced the two former detectives filed complaints with the police board, declaring they were unable to do work of patrolmen be cause of physical disabilities. BUILDING PERMITS Following are the permits issued since the last publication of the list, and classified according to wards: Permits. Values. .Second ward 3 $ 6,050 Third ward 1 WW Fifth ward « '°5J Sixth ward » 650 Seventh ward 1 ■ - :5 Ninth ward ••• 1 ___ Totals " 126.420 Forty-ninth street, 339 West— B. Veasey, 1135 West Seventh street, own er; W. B. Housman, builder; one-story five-room residence, $1500. Twenty-fourth street, 2320 West—C. W. Lutes, at lot, owner; A. O. Very, builder; one-story one-room storehouse, $300. I _ Thirty-seventh street, 760 East—J. Haller, at lot, owner; Frost Ahrs, builder; addition to residence, $200. Maubert avenue, near Vista—George Blessing, 1744 Maubert avenue, owner; H. D. Aye, builder; one-story four room residence, $1200. , _ Spring street, 138 South—E. H. Skin ner, 644 Lucas street, owner; Universal Repairing company, builder; altera tions of building. $1100. Palm drive, 2501— Constance Morris, 421 West Adams street, owner; A. 9. Tiee, builder; two-story eight-room residence, $7100. _ Main street, 5114 South—M. G. Todd, 351 West Forty-seventh street, owner; to repair residence, $150. Adams place, 2442— Margaret E. An thony, 1019 South Olive street, owner; Milwaukee Building company, builder; two-story eight-room residence, $4430. Rogers avenue, 2227— W. Williams, 2225 Rogers avenue, owner; W. R. Tut tle, builder; one and one-half-story six-room residence, $1500. Rampart street, 214 North—Mrs. C. C. Baskett, 729 College street, owner; Ralph Hamlin, builder; two-story eight-room residence, $4359. Forty-ninth street, 1116 West— F. Redmond, 258 East Vernon avenue, owner and builder; one-story seven room residence, $2500. ' Fifty-ninth place. 823 West— R. Brooks, 425 North Hill street, owner*; F. M. Moffit, builder; one-story five room residence, $1250. Fourteenth street, 727 East—W. I. Wilson, 725 East Fourteenth street, owner and builder; two-story shed, $200. Ruth avenue, 774— F. E. Engstrum. Fifth and Seaton streets, owner; F. O. Engstrum company, builder; alter ation of building, $150. Douglas street, 1355—James Mea cham, at lot, owner; Hoffman & Mlttze, builders; one-story four-room resi dence, $500. .. s "\:.' - - ■ - PROTEST LIQUOR STORES Owners of a , majority of the front ago on Maple avenue, between Fifth and Sixth streets, filed a protest with the police commission last night, ask ing that no more liquor permits be granted in the block. The Labor Tem ple Joins in the protest. sg ■ fa DAY DRINK HABIT LEGAL GUARANTEEwsth Mm No Hypodermics Harmless 945^So.lOLIVe ST. [ g +orm % 9W*V A-aaOZ - 4 as m i ,1-pj fur good trunk*. f___tmait^iZ r&~4fr raveling bag*. if~lr-~, f| , (JTy ,n* drese salt ■P -lrC~~" ~3*?i4 GoUoWhltney Ifl/Jj G.U.Whitney tablUhod and moat reliable trunk maauXae later. Store and factory, tt6 South Mate i BRILLIANT IDEAS ABOUND IN STORE Seven Stories of Latest Furni ture Conceptions Shown by California Company Beauty and brilliancy marked the formal opening of the new seven-story store of the California furniture com pany, 644 and 646 South Broadway, yesterday. Works of art were artis tically arranged ln the front part of the store; there were beautiful floral decoratlons-^one a huge horseshoe made of flowers and typifying the good luck sentiment of friends, and in the evening the elaborate lighting system in the store, with rows of .white lights along the edge of the mezzanine floor,' made the Interior unusually brilliant. From the first to the top floor are everywhere evidences of the greatest care in tho selection of furniture that will please all classes of purchasers. A. H. Volgt, president and general manager of the company, attends to all the purchasing of the furniture and the classification of the stock. Tho furnishings are in every conceivable style to accommodate the purchasers all the way from the Washingtonlan and Joffersonian styles to the most modern—everything to mako a home of. a house. A special department is devoted to making or changing to order all kinds of furniture to suit the purchaser. All conditions of furnishing a house are complete for selection as soon as the plans of he architect are furnished, thus allowing the prospective home maker to purchase furniture to con form with the style of the home to be built, allowing both the changing of the furniture and the architectural drawings to complete the general har mony of the home. This ls an innova tion that appeals to both the wealthy and the less pretentious householders. SEVEN FLOORS ARE FILLED The building, with a floor surface of 80,000 square feet, ls fire-proof, ad admirably lighted ln all parts and well ventilated and ls one of the most con venient and restful establishments for the patrons, on the Paclflc coast. The color scheme is that shade of green that reflects the restfulness of the light of the first floor. This floor is suggestive of the furnishings of this and all the other six floors and the basement. The mezzanine floor Is devoted to the offices of the company, which are both admirably situated for the trans action of business and beautifully fur nished. . The second floor Is given ,over to carpets, rugs, wall paper and drap ery. The special lights reflecting on the carpets as they are turned on frames, make a spectacle of much In terest, giving the true color desired. The third floor contains the library and living room furnishings. The great variety Includes the reproduction of Hcpplewhlte, Chippendale, Adam Broth ers, American colonial and other styles, constituting about thirty different pat- • terns of solid mahogany. ' The fourth floor ls fitted up with bedroom furnishings, with grand old colonial, French and English styles to suit the most fastidious. The fifth floor abounds ln a great variety of dining room furniture. Por tions of these furnishing can be made or changed to order to match other furniture. The sixth floor ls devoted to a vast majority of office desks and chairs to suit the financial conditions of the purchaser. The seventh and top floor contains the shops for conducting drapery up holstering and cabinet work. Seventy people, experts ln the various lines, are employed in these shops. The basement is utilized for porch and summer furniture, including reed, willow and crex, completing ah entire building devoted to the most up-to-date methods of offering the best grade of house furnishings. a . a Little boy—l want a dose of castor oil. Druggist— you want the kind you can't taste? Little boy (anxious to get even)—No, sir, Its for mother.— Traveler. FOOTHILL FARMS NEAR THIS CITY Have you ever hoped to have a home of one, five or ten acreson the foot hill slopes near Los Angeles? i Haven't you wished that some friend had taken you by the shoulder and made you pick up a few acres at Holly wood, Altadena or Rierra Madre before they advanced from $300 up to $3000 an acre? Those places have passed for ever from your easy reach. The Western Empire, California* famous homeseekers' and rural home journal, la now completing an organi zation of 200 local and eastern readers to take over 1400 acres of land at Sun land, in the original Monte Vista val ley. It is a mountain-hidden valley seven miles back of Glendale. This district surpasses Altadena or even Redlands ln its richness and grandeur, and is only fifteen . miles from the Chamber of Commerce building in Loa Angeles. . Sunland's Monte vista val ley has the best climatic protection of any. district on tha coast aide of th* Sierras. Come and see it now. John McGroarty. tbe famous poet of our southland, says of his visit: "And I saw a vale that day as fair a* any In all the Land of the Heart* Desire. I waa ashamed to think that I bad let the years go toy and had wandered far in quest of beauty, while all the time Sunland's Monte Vista had been ther* ln its ravishing loveliness juat beyond the threshold of my door." A few heads of famine* may Join this organization, which secures thi* land at a low wholesale price. improve* lt with roadways, townsite, schools and trolley line, and i distributes the land to members so that the total con to you la not one-quarter of prevailing prices ln the open retail market. > When this kind of land ls opened it goea up beyond your reach The dis trict lies in an open valley tunning from Pasadena west to Fernando, In cluding La Canada, La Crescenta and Monte Vista—Sunland. Don't try to imagine about its conditions— and investigate. It ia only one hour from town. "■ ■ The editor of the Western Empire haa managed the location of eight suc cessful town projects on thla aam* plan. Thla la your foothill home opportun ity. Level, rich in productivity and water, frostless, balmy and 1500 feet above sea level. Dally auto btage leaves our office 10 a. m. except Sunday, returning 2 p. m. Or special trips may be arranged. En gage your teats ln advance. Fare fl round trip. Call or write at once for booklet. i Western Empire Suburban s Farm* association, 100 to 119 Chamber of Com merce building, Loa Atopies California,