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6 MINING CONGRESS FORMALLY OPENS Pinchot Defends Conservation Policies and Gives Views Regarding Oil Lands MINERAL LAWS DISCUSSED President Buckley Urges $500, --000 Endowment for the National Organization (Continued from Pare One) grants of the Southern Pacific saying ti.at these grants should not prejudice any against conservation, and with his i closing remarks, ■which follow, brought forth a storm of applause ' •which lasted for several-minutes. He said: "The government will not be doing I Its duty unless it attacks title of th© Southern Pacific grants through legis lation or otherwise and restore these ■■ lands to the people of the United ■ States. Before you condemn conser vation find out what the friends of conservation assert and not what enemies to it declare or dispute." Before Mr. Pinchot arrived Presi dent E. R. Buckley delivered his an nual address, telling of the accom plishments of the American Mining congress the past year. He reported that the year had been a successful one in the association, Its financial condition, having Im proved and membership increased. SEEKS ENDOWMENT v. He made a plea for a permanent endowment of $500,000, which he thought could easily be contributed from the great fortunes made In American mines. He alluded to the necessity for a. revision of the mineral land laws and the elimination of the Intricate litiga tion which now seems necessary to perfect and retain titles. To protect the prospector from the deception of unreliable assaylsts, he urged either the establishment of free assay laboratories under the bureau of mines or the licensing of assay labor atories and their maintenance under a system of state inspection. In this con nection President Buckley denounced the "pseudo professional man, who lends himself to the support of fake mining propositions, furnishing the most alluring reports at bo much per thousand words. "They are often more dangerous," he said, "than the promoter whose mine is merely a castle In the air." He also criticised "fake promotion" as one of the evils of mining and urged the enactment of state laws taxing mining ventures on their stock issued as one of the best means for prevention of overcapitalization. Mr. Buckley urged the congress to give its attention both to mine safety and mine sanitation and thought It possible to accomplish much in this di rection by proper illumination, ventila tion and drills that will be less pro ductive of dust. Speaking of mining stocks he said their fluctuations seldom depended on the earning power of the property it self, but were the result of a system of buying and selling, chiefly on mar gin, which was nothing more nor less than gambling. BETTER CONDITIONS URGED "I trust," he said, "that there may be some way suggested by which this body can assist in bringing about a better, safer, sounder condition in the stock markets of the country. I may suggest that one way of doing this is to urge upon the various companies the importance of issuing printed monthly or bi-monthly reports covering In detail the condion of the property." On the subject of conservation, Mr. Buckley said: "Four things appear to be perfectly clear in a consideration of the prob lem: ; "First, as mining men we cannot af ford to have the government enact legislation which will make the occu pation of mining more hazardous than It either respecting the protection of life or the investment of money; second, that nothing shall be done that will in any way retard the de velopment of our manufacturing in dustries that depend upon the prod ucts of the mines for their business; third, that everything possible be done to increase the percentage of metals that can be recovered from the ore deposits and from deposits of coal, oil and gas; and, fourth, to bring about as quickly as possible the use of substitutes for the present sources of power and for tho metals which are supposed to be limited in quantity. There should be the fullest develop ment of our mineral resources, under such federal or state co-operation and • regulations as will insure the maxi mum elimination of waste, it being agreed that our mineral resources should be exploited with intelligence and in a fair and upright manner. "The question of the ownership of the public domain should, as far as possible, be considered apart from that of conservation. In doing this, It should be remembered that ownership that may be otherwise desirable may be undesirable from the standpoint of conservation and vice versa. The question of ownership is political and sociological, while conservation Is technical and scientific." MORNING SESSION The congress was formally opened at 10:30 o'clock yesterday morning, when President B. R. Buckley took the chair and Introduced Alden Anderson, •who spoke in behalf of Governor Gil lett, who could not be present owing to official business which detained him at Sacramento. Mr. Anderson, ex pressing the wishes of Governor Gil lett, said that the state of California, in which mining in the west had its birth, was over for the mining men, and wished that everything would be done at this congress favorable to the mining Interests of the state. Ho said that legitimate mining was entitled to the support of all people of the state, and that the business Interests in gen eral should co-operate with those of mining. Mayor George Alexander was intro duced and presented President Buck ley in behalf of .the delegates to the American Mining congress with a huge • key, made of wood— California product, to be sure—saying that this • particular Instrument was the key to Los Angeles and would admit the dele gates, their families and friends to everything in town that was just and In keeping with good government. The mayor referred to the oil Industry and what great things had been accom plished both In oil and metal mining in sixty years, and said that with the completion ox tti* iVjwai* rana4 a* Col. L. W. Powell, Prominent Arizona Mining Man, and Dr. E. R. Buckley, President of the Congress Jf* ..■-..■■■■■.■ ■ ■■. ■■ ■ ■ ■"■.■■ ■■ ■ ■» .■ .'V ■•■M K&rj/i F ■'' '■'■'' ■■■■"' ■•'■' ■ ■■■ %*J \ §' "^ 9 WSjMSKItS .•■■■"■ " ' ■■. ■ ■ ■ ' ( ■.'■■■ ■ ■,v ■■.-■■.■•■ , i gTeater field would be open to mining in all its branches, through the port of Los Angeles. President Buckley, in responding, said the key was big enough for a walking stick and that the members of the congress would lean upon it when necessary. / Following the mayor, Joseph Scott, president of the Los Angeles chamber of commerce, spoke a few words in welcome for the commercial body he represents. He paid a high tribute to the mining men, the hardy spirits of the desert that have paved tho way for civilization in this western country. After inviting the mining men to the chamber of commerce, he said that there they would see what Los An geles has done and can do in the way of boosting. "We are not afraid to tell of what we have out here," said Mr. Scott. "We have built up this country on grit, nerve and good climate. We have everything here that could be asked, and we owe a lasting debt to the min ing men who hare done so much In assisting to build up this great com munity." REGRET CAIABKEATIPS IIXNESS E. A. Montgomery, president of the Sierra Madre club, the organization that was instrumental in bringing the congress hero this year, welcomed the mining men In behalf -of the club, as a practical mining man, who, as he said in his address, has spent the greater part of his life In the mining business, following It from prospector until he hnd become a mine owner and operator. He said all mining men—the real thing—were fraternal, and that the brotherhood existing among them could never be severed owing to the peculiar circumstances attendant upon the hardships of the desert and in the operating of mines. Frank G. Tyrrell spoke in behalf of the great southwest, which the people of this region generally believe is com prised in the states of Southern Cali fornia, Nevada, Arizona, New Mexico and the west coast of old Mexico. A resolution of regret was passed on account of the absence through illness of James F. Callbreath, jr., secretary of the congress. Mr. Callbreath is in the city and will try to attend some of the meetings. Sidney Norman of the Sierra Madre club was appointed sec retary pro tern of the congress, and will act In Mr. Callbreath's stead until he can be present in person. Delegates of the several states and territories were assigned separate parts of the theater auditorium for private meetings during the convention. AFTERNOON SESSION The afternoon session was taken up with responses from delegates repre senting- their respective states. A num ber of western states were represen td, together with several eastern states producing minerals. These delegates were official representatives and are hero not only as delegates to the con gress but also as a courtesy to the governors of their states. Among the prominent speakers of the afternoon were Byron E. Shear of Colorado, Col. L. W. Powell and Gen. A. J. Samp son of Arizona, E. H. Benjamin of California (San Francisco,) D. W. Brunton of Colorado, James "W. Ab bott of Nevada, John Dem of Utah and David Ross of Illinois. Colonel Powell, who. is one of the most influential mining men in the west and a knight errant in the de fense of Arizona/ said that the time was not far distant when Arizona would prove to be the most resource ful state in the Union. The word state was emphasized, for as Col. Powell and all true Arizonans believe, the ter ritory will soon have a star In the national flag. NEW STAB IN IXACJ General Sampson followed Colonel Powell. He was eloquent In his re marks and paid the highest tribute to the resources, the men, and the state of Arizona. Ceneral Sampson said that the United States had risen to the top among the mineral producing na tions and that while the east held the majority In population it was a fact that the mineral resources of Arizona had brought many thousands of the east's best citizens to the territory and that the lure of the great community would bring many thousands more In the near future. He said he thought there were better advantages for min ing In Arizona than in any other place In the entire world. Ho reviewed the history of the territory from the time when It was nothing above ground, paying a high tribute to the hardy pioneer who brought greatness out of the immense dormant resources. "There were no ditches then," said General Sampson, "but now some of the greatest Irrigation projects In the world are In operation and land is worth $200 an acre. What do you think of that for progress? Arizona must foster mining in all Its branches and Arizona has the mines." General Sampson touched upon con servation by saying that all the people of Apisona ask to be left alone to de- LOS ANGELES HERALD: TUESDAY MOKiNLNG, SEPTEMBER 27, I'.HG. TODAY'S PROGRAM MORNING SESSION 10:00 a. m.—Announcements. 1(1:13 a.m.—lntroduction of resolutions. 10:20 a.m.—Rrports of committees. 10:30 a.m.—Fifteen minute discussions, "The Federal Government and the Oil Industry." Congressman S. O. Smith, Bakers field, Cat. Thomas K. Gibbon, Los Angeles, Cal. Hon. Frank K. Short, Fresno, Cal. Lee C. Gates, I.ok Angeles, Cal. Hon. C. A. Barlow, Bakersfield, Cal. S. C Graham, Los Angeles, Cal. T. A. O'Donnell, Los Angeles, Cal. George E. Wliiitaker, Bakersfleld, CaL And other*. (Adjournment.) AFTERNOON SESSION 2 :0O p. m.—Announcements. 2:L5 p. ni.—lntroduction of resolution*. 2:30 p.m.—Address, "Railroads and Min ing Development," by James W. Ab bott, Pioche, Nev. 3:00 p.m.—Address, "Railroad Rates on Ore Shipments," by Tracy C. Becker, Los Angeles, Cal. 3:30 p.m.—Address, "Conservation, as It Affects Coal Lands," by E. W. Par ker, United States geological survey, Washington, D. C. t :0O p. m.—Address, "Investigation of Mine Accidents," by George 8. Blco, bureau of mines, Washington, D. C 1:30 p. m.—Address, "Smelter Fumes," ♦ by Dr. H. Gerry Boyd. ETENBiO SESSION 8:00 p.m.—Reception to the delegates, members and ladles, by the Los An geles chamber of commerce at the chamber of commerce. Short address by President Jo seph Scott of the chamber of com merce. Reply by President E. R. Buckley of the American Mining congress. Recitation by Captain Jack Craw ford, "The Toft Scout." velop the resources of Arizona in the future as they are doing today. He urged statehood for the territory, em phasizing the fact that Arizona pro duced more mir.eral than any other state. "We should therefore have a star In the flag," he said. E. H. Benjamin of San Francisco, re sponding for California, said that It was due to the miners of the early days in California that mining was permitted to advance throughout the nation and the world. He held that mining had reached its present state of excellent development through the good work started by the California pioneers. Mr. Benjamin made a strong point of the fact that the Cali fornia mining engineers had paved the way, after the miner of eafrly days, for the vast development of the great mineral resources of the world, including the mines of South Africa. David Ross of Illinois told of the wonderful resources of the coal region of his state, advancing the theory of anti-conservation. He said that it took both strength, honesty and cor ruption In Illinois to bring the state to the present stage of development. "The states of the west are talking about how big they will be some day," •aid Mr. Ross. "I wish to say for my state that Illinois has arrived. I am nn Intelligent conservationist, ami I feel sure we are in no danger of starvation. We should utilize our re-, sources by development and not bottle them up." niu ,„.! NO CAUSE FOB WOItRY In speaking of the Illinois coal re gion Mr. Ross said the Illinois mines were the greatest of all. He said there were in the ground at the be ginning of mining in Illinois about 200,000,000,000 tons, of which only about 733,000,000 tons had been mined. Ho said there had been to date about 5,000,500,000 tons consumed in the Unit ed States and that there was enough left in Illinois alone to supply the na tion's needs for 999 years. Therefore, In Mr. Ross' opinion, there is no cause for worry on the part of those advanc ing policies of conservation. Mr. Ross, Judging from his remarks, would leave many to believe that he had never heard of California oil, for he said the nation could not get along without this coal. The California oil men say they can supply the nation with fuel for many years to come from their oil wells. J. M. Malcomson of Missouri spoke of the production in the state where they have to be shown. He said that the production from their low grade lead and zinc mines had greatly in creased of late years and that Mis souri led the world in the production of zinc. He placed the mining indus try above all others, saying that through all the ages, including the bronze, the iron and the rest, it had been the miner that had kept in the vanguard of civilization. James W. Abbott of Nevada was one of tlie most eloquent speakers of the session. Mr. Abbol£ who has long championed the cause of silver from a commercial standpoint, wholly in the interests of Nevada, regretted the fact that the white metal had depreciated and hoped that for the sake of the rich silver mines something would soon be done to restore the metal. He de plored the fact that silver had taken on a political aspect, and believed that if the question was looked upon from a commercial viewpoint a remedy could be worked out. Mr. Abbott, who said he was op posed to many of the ideas of Mr. Pinchot, paid the former forester one of tho highest compliments ever heard in public. He said that Mr. Pinchot was one of the most sincere men in the land today and one of the most lovable characters. "No matter how much I differ with him," said Mr. Abbott, "I want the facts, and would rather receive them from him than from any other man. I can then think out the policy of con servation to my own satisfaction. Mr. Pinchot works hard all the time for the people—all the people of his coun try. He has given up his life to the study of natural resources and the best way in which to conserve them. He is a student, and aa uuch has mas tered many Intricate problems of vital interest to all the people. Let Mr. Pinehot give us the fact»." BOSS OT EMPIRIC STATE The Rev. Harvey M. Shields of New Mexico spoke in behalf of statehood for that territory, and said that in mining the most friendly relations should exist between employ© and em ployer; that they should Join for the common good of the industry and the mutual benefit of all. P. J. H. Merrill of New York spoke of the Iron, salt, lime, petroleum, building stone and natural gas of the Empire state, giving facts and figures to show their great importance in the realms of the mineral resources of the country. Mr. Merrill, who was among the last to speak at the afternoon meeting, after listening to the many tributes the several delegates from the western states had paid to their states, said: "You will find the sons of the Em pire state in all these great western communities. They are to be found wherever things worth doing are ac complished. Wherever mining is fol lowed you 'will find men that are proud to call New York their home." George W. E. Dorsey, a western mining man, represented his native state of Nebraska. While Nebraska does not produce mineral, as Mr. Dor sey explained. It has furnished the mines with some of the best meats that were ever shipped from the plains into the mountains and upon the desert. John Dern of Utah told of the grand old state of the early days—the state which stands out foremost today among the smelting communities of the west. Mr. Dern said Utah pro duces every metal, including copper, gold, silver and lead; also some of the largest coal mines in the west are located and operated there. R. W. Brock, deputy minister of mines in Canada, who arrived late, owing- to delay in reaching the city, wan g-iven the floor upon arrival. Mr. Urook's remarks were short but sweet. He said that Canada had been follow ing the mining operations in the Tnited States, especially the western states, and that Canada had learned about all it knows about metal mining from Americans. "Formerly," said Mr. Brock, "Canada produced only coal. Now mining In all its branches is well established in the Dominion, due to United States engineers. Can ada has watched mining development in the United States, and Canadians always like to visit here, where abide our older brothers in mining, where we can always learn something of material benefit to us." CANADA'S MINING EXPERT ENVIES CALIFORNIA OIL Dominion Delegate Is Not Inter ested in Conservation It. W. Brock, acting deputy minister of mines of Canada, delegated to at tend the mining congress by his chief, the Hon. William Templeman, arrived In Los Angeles yesterday afternoon and registered at the Alexandria. Mr. Brock Is to represent the Dominion government at the convention, but doesn't come under definite orders as to subjects he will treat on in* any speeches ho may make* The representative of King George's North American colony, a man 35 years of age, has been connected with the Canadian geological survey for thirteen years, the last three years of which he has been assigned to duty In the department of mines. He is a graduate of the University of Toronto, the School of Mine* la Kingston, prov-, JAMES W. ABBOTT PAYS HIGH TRIBUTE TO PINCHOT "While I am opposed to many Idea* •dvaneed by Mr. rlnchot, I consider him on* of the most sincere and most lov able characters In the land today. No matter how much I differ with him. I want the fact* and would rather re ceive them from Sir. rlnchot than from any other man. He Is a student and a» such has mastered many Intricate prob lems of vital Importance to all the peo ple. He Is working for all the people. Let Mr. l'lnrhot give us the facts."— James W. Abbott of Nevada. ince of Ontario, and took a finishing course in the University of Heidelberg, Germany. "I can hardly say anything regard ing my impressions of this great southwest," said Mr. Brock yesterday, j "but there Is one thing that I wleh j Canada had—oil resources such as ex- ! Ist here. This is destined to be one j of the greatest sections of territory on the globe. "Canada is still In an undeveloped state, though It is being rapidly opened j up. We have wondrously rich mining | resources, which I must say were first ] brought to attention through Ameri can prospectors. Americans have done much toward awakening Canada to her riches. "Our problems in the Dominion in regard to mines and mining closely follow those of America, and I hope to go home with information which may aid in the solution of these ques tions. "The problem of conservation has not troubled us greatly, inasmuch as the greater part of Canada's land still belongs to the government. Some of the provinces lease mining claims only for a term of years. This is true of Nova Scotia. Public opinion In Can ada strongly favors the conservation of natural resources. "From what I have seen of this southern land from the train windows I cannot help but be impressed by its wonderful agricultural richness. The climate here is warmer by far than that which I have been used to, though I dare say when one becomes accli mated it is enjoyable." PROMINENT MEN ATTEND BIG MINING GATHERING Edward W. Parker, chief of the division of mineral resources of the government's geological survey, who came from Washington to take part in the Mining congress, is registered at the Alexandria- George S. Rice, chief mining engin eer of the new government bureau of mines, is attending the convention. Le Roy Anderson, general counsel, and Will L. Clark, general manager of the United Verde Copper company, representing Senator Clark's great mining interests in Arizona, are here to advocate a mining law revision commission, similar to the body creat ed by the government to study the tariff question. State Mineralogist Lewis E. Aubury is attending the Mining congress. While here he will confer with the field assistants of his department, who have been making their headquarters in Los Angeles. Ills brother, Marion W. Aubury, interested in mining In California for thirty years, is also at tending the congress. M. Romero, manager of the El Pro venir mine near Las Vegas, N. M., is on his first visit to Los Angeles. He is amazed at the rapid growth of the city, and considers it to be a worthy opponent of Denver for the honor of being the mining headquarters of the H. H. Gregg, representing the Zinc Producers' association of Missouri, is here from Joplln, Mo., as a delegate to the congress. Judge C. W. Long of Goldfield, Nev., Is attending the Mining congress. Prof. S. B, Christy, head of the school of mining of the University of California, a national authority on mining, Is among ihoso present at the convention. W D. Lawton of Bull Center, Nev., Is one of the delegates attending the mining men's meeting. CHAMBER WILL RECEIVE ' DELEGATES THIS EVENING The chamber of commerce will give a reception to the delegates of the American Mining congress this even- Ing at 8 o'clock. The reception will be In charge of a committee, J. V. Vick ers acting as chairman. President Joseph Scott will deliver the address and the responses will be by Dr. E. R. Buckley, president American Min ing congress; Dr. J. A. Holmes, first director bureau of mines; E. W. Park er of the geological survey, and R. W. Brock, deputy minister of mines of Canada. The public interested in the mining industry, of the southwest is invited. Music will be furnished and light re freshments served. RECEPTION IS TENDERED AT THE SIERRA MADRE CLUB After the meeting last night an in formal reception was tendered to Pres ident Buckley of the American mining congress, Giftord Pinchot and the vis- # iting delegates by members of the Sierra Madre club in the clubrooms in the Columbia Trust building. Mr. Pinchot was the center of at traction, and was kept busy explain ing to some of the doubtful ones pres ent why conservation of natural re sources should be made a reality in this country. BAN FRANCISCO OIL STOCKS bervlce to The Los Angeles Herald by L. A. Crlaler & Co., members Los Angeles stock e change, 200-201 I. W. Hellman building, Los Angeles. SAN FRANCISCO, Sept. ».— Following were today's quotations on tho San Francisco stock exchange: —Opening— —Closing- Bid. Asked. Bid. Asked. Associated Oil ...42.25 42.60 42.00 .... Brookshlre 1-45 •••• «•« Illinois Crude 4J 42 Mascot Oil 2.45 .... 2.50 3.00 Monte Cnato .... 3-55 2.65 2.50 2.65 Now Pennsyl 75 .... j/75 .... Palmer OH 1-35 .... ftßs Premier 75 .... .90 .. ; . Sliver Tip *•*» •••• 1:s Sales—4oo Coallnga-Mohawk 1.45; 100 Consol idated Midway .29; l>oo Dominion .73: 250 United Oil .»; 100 W X Oil 3.45; 1000 Coallnga, National .18. METAL MARKET NEW YORK. Sept. 2«. —Standard copper weak- spot and September, $1201 2. 12H; October And November. $12.02H<8>12.12V» : December, 12.05012.15. London quiet; «pot, £65 3s «d; futures. £85 Us 3d. ' Arrivals reported at New York today, 245 ton*. Cus. Tom house return* show exports of 27.5.00 ton» so far this year. Local dealers quote lake copper at $12.50©12.75; electrolytic, 112 37Vi@12.t2H; casting, |12.11H@12.>7H. Tin easy spot, $54.75©34.85; September, 134 60@34.80; Ootober, $34.60034.(5; No vember, $34.30*»4.55; December, $34,360 34.60. London steady; spot. £151 2s 6d: fu tures, £158. $4.37H@4.40, New York; L*ad dull; $4.37 tt@ 4.40, New York; $4.22H@4.27H. East St. Louis. London spot, £12 12s 6d. Spelter steady; spot. $5.50@6.»0, New York; $.'.. 5.40. East 6t. Louis. Lon 4M> ii>«V »« t*> THE OIL BOOK AN AUTHORITY ON CALIFORNIA OIL SENT FREE UPON REQUEST §g The issue of September 19th contains particular? regarding one of the most Important California oil companies ever incorporated. important because of the established, producing, profitable properties it will have. . . . _- th . Important because of the character of the men who have founded the company and who will manage its affairs. . nvßr _ Important because these men are known Practically **• t *"£££ are men of great business ability, connected " ™ «v ap"y wlta large and successful business enterprises and financial Institutions. The founding of this company marks a new epoch InL^ e o^ r, n du^tr7of WmSSMMBm today. - " Lincoln Mortgage & Loan Co. 622-23 Citizens National Bank Bldg. LOS ANGELES, CAL. New York I Seattle San Francisco LINCOLN MORTGAGE & LOAN CO, • 622-23 Citizens National Bank Bldg., Los Angeles, Cal. Please mall me The OH Book for six months, tree of charge and without obligation on my part. Name •"• ' """ Address • ' 1 ""* State i ••• City ..........••••• ■ . H-9-27 MINING QUOTATIONS NEVADA STOCKS Angeles. __. ' SAN FRANCISCO, Sept. »-Another UP sales were mad. a- high as »*:»°;. h w" £,! ihief event In the market for Southern i^o vada st«ks toY On the local ««hanj f .^he stock responded In good shape, andJt closed i^rxpoTn?, tfur b jsr& s? - PI?ITMS- were nui.t but .«*ad, ™»"i°'asZs*i%£'%&S£FZ' A k Bid Ask. Bid. Ask. Boo".. — U 12 at nend An- i I SsS3r.:'i'- S>'-:i !! gtr ":: 5 Lon^ur-:::.! !oi BMm::::j * £" Dlllon •• •* J- Bid Ask ' **ia. Ask. Belmont ....43214 435 North SUr .. .. J Jim Butler.. 27 28 R*«>£ • », 10 i,l u, n tf ">o .. Ton Mm .■ • -viivt • • Bid. Ask. Bid. Ask. Amethyst .... 1 Montgm Mtn .. 1 »— cl^HA4A^acx Bid. A»k. Bid. Ask. Bid. Ask. Little Grey.. .. 2 Man xter- 1 2 Man Con ... 4 6 Mustang I f M^n Mining .. 1 Thanksgiving. .. * Man Mlnlng.^ HER DISTRICTS Bid. Ask. • B Id. Ask. Kaglo's Nest 6 .. Round Mtn 42 .. ? vIBW Eagl 40 60 Pitts Bilv Pk 45 .. Nev Hills ..237V4 2W Coalition .... 10 Q BOSTON MINING STOCKS Special service to The Herald by J. C. Wll eon, 212 West Fifth street, Los Angeles. BOSTON, Sept. -Coppers were easier all around, and Saturday's activity wtt. not con tinued The market Saturday was made by one big trader, and he did nothing today. .The encouraging feature Is the way stocks stay e?s «™ slowly picking up long lines of stocks and Betting ready for a strong bull movement this fall. Bid. Ask. Bid. Ask BM. Ask. Bid. Ask. Am Pneu "is* Michigan .... 4 «% rto nfd 15 I 8 Mohawk .... 47 48 Adventure" 6 6>l Nevada Con 19% 20 Aliouei 4114 43 North Butte 28 26* iS": S8 Ariz Com .. 16 1«% Parrot 12 " ADex .... 3V» 3M,Quincy V 2% liStte Coil'n MH 18% Santa Fe ... IJ4 J% East Butte. '« 6% Tamarack .. «0 61 vim River.... 20 Trinity .. .. 6',i B% Franklin . 10% 11 United Frult.l94 195 PranbV '.. »2 33 U 8 Smelt .. 4014 40% G «ney Can 6V4 0% do, pfd 48% 49% Hanrock 1914 20 Utah Con .. 2214 23 Sto BwJin »W Victoria .... 214 314 Kppwenaw 314 3% Wlnona .... 7 8 Keewenaw .. 4 er)n<( I]s „„ i^Baile' V* lOHWyandot ... Hi 1% {£ c™ ?S 8 Mass Gas .. 82% 8314 Mayflower .35 40 do pfd ..... 9114 92 Mcx Con 35 40 North Lake.. 894 9 f Miami ° » M 10% Indiana 14% 14V4 NEW YORK CURB Special service to The Herald by J. C. Wil •on, 212 West Fifth street, Los Angeles. NEW YORK. Sept. Following were the closing Q-ota^n.^ BM . Agk . Am Tobocco.4oo 405 Mason Valley 8% » I) S Gas .... OH «% Miami .. .... 19% 19% Chicago Bub 414 4«i Mines of Am 66 67 Havana Tob 3 6 Nevada Utah 0% .1 Sland'rd 011.699 601 Nlplsslng .. 11 HH Cns Stmp 18 21 Ohio ....... 194 1% Butte Coal'n 18 . 18% Rwhlde Coal. 10 11 Davis Daly. 2 2% Ray ■ Central 214 .g* Dolores .. .. 614 « Ray Consol.. 1814 1894 Kly Central 01i 0% South Utah. 1% 2 Ely Con ... 39 32 United Cop.. 414 -4% Greene Can. 614 6% Yukon 3% 3% Glroux .. .. 614 «% Chlno .. ... 1844 18% Ispiratlon .. 7% 8 Consol Ariz.. 1% • * Kerr Lake.. 6% . 6% Keystone , ... «4 ; 3 La Rose ... 3% "4 Elßayo .... 314 3% FIRE DESTROYS NACO BISBEE, Ariz., Sept. 26.—Naco, a town of 300, situated on the lino ntne miles from Blsbee, Is being destroyed by fire, according to word sent here at midnight by the customs officials. FOOTHILL FARMS NEAR THIS CITY Have you ever honed to have a homo of one, five or ten lucres—on the foot hill slopes near Lua Angeles? Haven't you wished that some friend had taken you by the shoulder and made you pick up a tew acres at Holly wood, Altadena or Sierra Madr* before they advanced from $300 up to tjOOO an acre? Those places have passed for* ever from your easy reach. The Western Kmpire, California* famous homeseekeitr and rural home Journal, la now completing an organi sation 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 ■even miles back of Glendale. This district surpasses Altadena or even Redlands in its richness and grandeur, and is only fifteen miles from the Chamber of Commerce building in Los Angeles. Sunland's Monto vista val ley has tne best climatic protection of any district on tha coast side of the Sierras. Come and see it now. John McQroarty. the famous poet ot our southland, says of hie visit: "And I saw a vale that day as fair as any in all the Land of tba Heart* Desire. I was ashamed to think that I had let the years go by and hart wandered far In quest of beauty, while all the time Sunland's Monte Vista had been there in Its ravishing loveliness Just beyond the threshold of my door." A few heads of famine* may Join this organization, which secures this land at a low wholesale price, improves It with roadways. townsHe, schools and trolley line, and distributes tha land to members mo that the total cos* to you-is not one-quarter of prevailing prices In the open retail market. When this kind of land Is opened It goes up beyond your reach. The dis trict lies in an open valiey running from Pasadena west to Fernando, in cluding La Canada, La Crescenta and Monte Vista—Sunland. Don't try to Imagine about its conditions —come and Investigate. It Is only one hour from town. The editor of th 9 Western Empire has managed the location of eight suc cessful town projects on this same plan. This Is your foothill horn; opportun ity. 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