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From Mines and Oil Fields LET SOUTHERN PACIFIC MAKE GOOD TO AGENCY Agreement Between Independents and Associated Will Work Well Properly Handled The natural course of events having been allowed to prevail finally, the in dependent producers of the several fields of the state and v two great mar keters, the Union and the Associated OH companies, have got together into a compact which should have been made long ago. Identical Interests call for Identical methods of handling, and. in the present Instance that condition could only be brought about by Borne such arrangement as has been con cluded during the week. There are two results to be obtained In the production and disposal of fuel oil. The first is the securing to the producer of a profitable price; the sec ond, the securing to the consumer of a profitable price. In other words, both producer and consumer should be enabled to make money out of oil, and that double result can best be secured when control of the mar ket is concentrated.. An approach to this control has been made— prob ably, this means what amounts, virtu ally, to complete control —which la well. Only one doubt remains as to the success of the deal now consummated and that relates solely to those in chnrg-o of tho Associated who in the past have earned a most cordial dis trust and dlsesteem on the part of the public. Possibly their conduct can be Justified by exigencies never fully ap preciated In other quarters, and it is to bo hoped that this has boon the case. At any rate, the Associated Oil com pany and its masters, the Southern Pacific Hallway company of Kentucky, have now an opportunity of demon strating that they can act fairly and on tile square. The public will b"> In clined to withhold an adverse verdict until time sufficient for a demonstra tion shall have elapsed, It being under stood that they am bo bound by con tract that they must refrain from In dulging In the savageries and barbar ities of former years. With all due consideration given to an intention of carrying on dealings In the future In a spirit the reverse of that animating It heretofore, it may M well he remarked that it Is a for tunate circumstance.that the Assoclat- Ed is restrained with thews It cannot break—"hog tied," so to speak. STRIKE STARTS WORK IN TYBO DISTRICT TONOPAH, Oct. 9.— h. Roberts, who with associate! is interested in the Hot ("reek section, nbout eight miles south of Tybo, arrived In town today, bring ing a number of samples from the property he has been working. The ore he is exhibiting comes from a lodge that crops out übout fifty feet in width and on the surface can be traced for quite a distance. The assays show the surface rock to carry about $S In gold, while a prospecting shaft sent down to a depth of twelve feet shows the vnKiPK to Increase materially. The property is located In the porphyry foothills and the gold-bearing rock is of a Jasper formation, bearing a re semblance to the Ellendale high grade. The district affords excellent milling facilities, as thorn Is an abundance of timber and water. Mr. Roberts stated that a tunnel can bo driven Into th° ledge on one side of the hill. On the side a 400-foot tunnel would open the ledge at a depth of 400 feet, while on another a depth of 1000 feet could be attained by a tunnel of practically the same distance. The camp is only about two and one-hnlf miles from the pro posed Ely-Ooldfleld railroad. BURDEN FALLS ON AGENCY SAN FRANCISCO, Oct. 9.—While under the newly made agreement the Associated guarantees no minimum price for oil the Union and Agency continue to guarantee 35 cents on the certificates to be Issued on storage oil. There will be no changes whatever in the certificates which are being signed and the Issue of which Is beins de layed only by clerical' labor. Should the Associated average price In any month fall below 3." cents the Agency will make up the difference exit of the receipts for the following month to the holders of the certificates. It )s not anticipated, however, that this will be the case. SHRIDAN 4400 FEET DEEP McKITTRICK, Oct. 9.—The Union Is down 4400 feet In Its Sheridan No. 1 on 10. 31-22, North Midway. At about 4000 feet some two weeks ago a small showing of oil was encountered the first yet found in this well. The for mation Is becoming more encouraging. The quantity is too small yet to be of any commercial value or to determine its gravity. It is little more than what is found in the water when the bailer comes up. , «~. ON SAGE LEASE MARICOPA, Oct. 9.—The Union Oil company will reopen No. 11 on the Sage lease, which a few weeks ago startled the community by acting as If another Lakeview had been brought in. The derrick has been rebuilt and every thing Is ready for the work. No. 11 is on the north line of section 35 and due west of the Lakeview. COUNTY WILL OFFER SALE OF BONDS FOR GOOD ROADS Supervisors Will Put $525,000 Securities on Market Good roads bonds in a block of $525, --000 worth will be offered for salo today by the board of supervisors. The bonds to be sold amount to a little less than half as much as the first block sold In November, 1908. It is expected that a smaller rate of premium will be realized on this block than on the first one, as at the present time It Is stated that the bond market is not In as good con dition as at the time of the last bond sale, and buyers predict that the rate will be much less for this reason. The supervisors have on hand $232, --000, remaining from the provlous Bale of bonds. The amount remains after all claims for last August have been paid and the amount needed to cover all the contracts. Tho supervisors have been Informed by G. H. Blxby of the highway commission that this amount will last until after December I. JAMES WYNKOOP Where the California Oil Men's Association Stands Tho broad purpose of thu California, Oil Men's association Is to "servo In whatever manner It can to further the interests of the oil industry of the stato and tho prosperity of the men connected therewith." The two particular problems that brought about tho organization of the association at this time, and on which definite action is being taken, are set out in two resolutions adopted by the board of governors of the association at a meeting held In Bakersneld September 24, 1910. The res olutions are as follows: "Whereas, Certain customs and procedures have been followed for the past ten years or more in the location, development and patenting of oil lands; and .«.,«. "Whereas These customs and procedures have been approved by the commissioner of the general land of flee In thousands of instances through the Issuance of patents to said lands; and "WhereaH, Through the approval of said customs and procedures by the commissioner of the general land office for a long period of time they came to be recognized aa law and were upheld as law by the courts of California; and "Whereas, Many oil claims have been located and their development proceeded to in accordance with those customs and procedures; and "Whereas, The commissioner of the general land office has recently held that these customs and procedures that have prevailed and have been nccepted as law for many years are not In accordance with the rules and regulations of the department, thus endangering many legitimate oil enterprises Initiated in good, faith, and in accordance with established cus toms and procedures; now, therefore, be it "Resolved, That it Is the belief of tho California Oil Men's association that such action on tho part of the commissioner of the general land office in unfair and unjust to the oil operators of California, and that said commissioner be Importuned to adhere to tho established customs of the past ten years, at least until due notice has been given by the commis sioner of a required change in the methods of locating, developing and patenting of oil lands, such change to begin to be effective at a date sub sequent to this day. "Whereas, On the 27th day of September, 1909, the secretary of the Interior withdrew from entry certain oil lands situated in the state of "Whereas, On July 2, 1910, the Presldont of the United States Issuod a further withdrawal order, in accordance with the provisions of the so called Plckett bill, bassed by congress in June, 1910, withdrawing from entry the same lands embraced In the withdrawal order of September 27, 1909, thus creating a reasonable doubt as to the date when naid with drawals became effective; and • < "Whereas, Many oil claims were located prior to tho dates of both of the last of these withdrawal orders, and their descriptions proceeded to In gr>od faith in accordance with the customs and procedures prevailing for many years In such matters; and "Whereas, These claims are now embraced wltthin the area with drawn from entry by the withdrawal orders of Septetmber 27, 1909, and July 2 1910, thus endangering the rights and property of thousands of citi zens of the United States and cauH ing great embarrassment to hundreds of oil operators of California; now, therefore, be it "Resolved, That the California Oil Men's association importunes tho. President' of the United States to restore to entry those lands which wore located In good faith prior to the date when the said withdrawal order became effective, and which the owners have proceeded with reason able diligence to develop; and be It further "Resolved That tho attention of the president be directed to the fact that the uncertainty caused by the said withdrawals seriously handi capped the locators of said claims in many instances and prevented them from proceeding as vigorously with the development of said claims as they otherwise would have, and that this fact be considered In determin ing what constitutes reason able dll lgence." BIG COPPER DEPOSIT FOUND NEAR CARSON Sheep Herders Sell Stock and Prospect Country with Fa vorable Results CARSON CITY. Nev., Oct. 9.—A few miles south of this city there has been quietly worked what looks like one of the biggest copper deposits in the en tire west. The ground is situated on the main range back of Jack valley and is known as the Greeley French ground. Several years ago a couple of Basque sheep herders uncovered a ledge there showing heavy copper sulphides and considerable gold and silver values. They staked the ground and figuring that It belonged to Greeley French took him into the combination, thus saving litigation and difficulties that generally arise from such discoveries. The sheep men sold their herds, scniped their money together and have done a vast amount of prospecting and developing. Several tunnels have been driven into the hill and in each instance a largo body of high grade copper ore has reculted. During the spring a cloudburst swept down the canyon and instead of damaging the workings It wanted the surface off and exposed another ledge that showed up big values. During all the development and prospecting there has been little noise made. Mining men have been made welcome at the section and several flat tering offers have been turned down. Careful assays have been kept and the entire work carried on in a thorough manner. Qreoley French during the past year has Interested parties who Wiave kept tha affair moving. One survey Is for a seven-mile tram from the mines to the railroad. All the data is complete for the building of such a tram, and the parties who have been building the tram from Silver City to Dayton have been over the ground and furnished estimates. Every tower is located, bins planned and the dumping room at the railroad has been gone over. With all of this work there has been no noise. Specimens of the ore have from time to time been brought to this city. It is rich In copper, being bornite and other high grade in character. The fact that a mine is situated practically on the summit of the Sierras and away from the general trend of the prospector has prevented others from doing much work in the district. Just how and where the ore Is to be handled the interested parties have not made public. It is possible that they are planning to help supply the Bruns wick camp. At any rate everything is ready for a move at any time, and from what was stated In this city a few days ago, it is likely that the tram will be put up this fall. From the amount that is figured on for expenditure there must be a quantity of ore exposed to warrant the contemplated work. One thing is certain and that Is the specimens exhibited in this city are the richest in tha way of copper of any thing recently brought into camp. With the success of this property It is safe to say that others just as im portant will,be opened up. LARGE NUMBER OF WELLS ABOUT TO COME IN IN MIDWAY TERRITORY TAFT, Oct. U.—One hunu.ed and fifty four wells, a Urge proportion of whloh are In the gusher belt, are about due to come In between North Midway and the old Sunset field. These writs should udd enormously to the production of the west side territory and the present relation of consumption to production will probably be materially changed. It Is reasonable to nssume that the present surplus Is not to be decreased at once rven though a considerable number of the big wells go off. LOS ANGELES HERALD: MONDAY MORNING, OCTOBER 10, 1910. CROOK CANYON STRIKE SAMPLES $70 THE TON Venezia Mine Will Soon Attain a High Rank Among Gold Producers PRKSCOTT, Oct. 9. —Reports of a rich strike In the Venezla mine, In the Crook canyon district, which reached the city a few days, have been con firmed by J. B. Tomllnson, consulting engineer. He is elated at the showing and confident that the mine will soon attain a high range among the gold producers of the county. The new find was made in the main shaft at a depth of eighty-two feet. The shaft is now down 100 feet, with twenty-six Inches of ore on the footwall sampling $70 In gold and sixteen Inches of quartz on the hanging wall carrying a heavy percentage of iron that assays three and a half ounces of gold to the ton. Mr. Tomllnson says that since the shoot was struck in the shaft it has grown larger in size and richer in values with depth. It has every in dication of pormanency, and Is the same shoot exposed 275 feet In the tun nel on the vein which starts on a level with the collar of the shaft. Much of the ground above the tunnel was stoped several years ago, giving good returns. It is the Intention to cut a station in the shaft at the present depth, run drifts and start stoping to the.tunnel level. The output will be treated In the new twenty-stamp mill recently erected and which Is now ready for occupation. The Venezia is one of the well de fined veins of the district. It Is asso ciated with a granite and porphyry contact. It has a northerly and south erly strike, and unlike others of the immediate section, dips easterly at an angle of 78 degrees. The mine has an excellent record In gold produotlon considering the amount of develop ment. It yielded rich returns to its early operators, who reduced the out put by the crude arrastra method. This Is the first attempt at deep mining on the property and the show ing is better than anticipated. That Its exploitation will be continued to greater depth on practical lines is the Intention of the owners who have financed the proposition for a large plan of development. ORCHESTRA OF METHODIST CHURCH TO GIVE CONCERT The First Methodist church Sunday school orchestrn will give Its twenty fourth conecrt at the First Methodist church, Sixth and Hill streets, next Tuesday night, commencing at 8 o'clock. This is one of a series of con certs that are given every three months by this organization. The feature of the program will be a cello solo by Hans Mettke, an ocarina solo by W. E. Sonnanstine and a violin solo by E. B. Valintine, director of the orchestra. VALENTINE—AFTER ONE VIA* Having no talent, I ne'er wrote a valentine When I was courting you, dearest—l bought 'em; Colored extensively, glided expensively- Well I remember how lovely you thought 'em! Flowers I sent you, too; books—for I meant you to Take a large view of my taste and my wallet; Idea Impractical! Devilish tactical " Error, I call Itl Straightway you married me—busted me— ried me Into a debt that I cannot get out of; Therefore this fretting of soul, and this sweating of Blood and of Ink In a stunt I'm In doubt of. This year, for violets substitute triolets- Crude and home-made—for your tribute; and maybe. Granting the price enough, purchase some nice enough Shoes for baby I —E. M. Robinson In Puck. It's a* easy *• secure a Bargain In a used •utomcbtl*. thiougb want advertising, a* It used to b--and »UU l»-to «»our« a horn and carriage* Sv ji-'v'f'-1 '; ' " * OCEAN PARK WOMAN WHOSE LIFE ENDED IN WAVES OF OCEAN MISS CAROLINE SIIAFEB BODY DROWNED WOMAN WILL BE BURIED TODAY Police Think Ocean Park Dress maker Jumped from Pier While Insane Miss Caroline Shafer, the Ocean Park dressmaker, whose body was found washed ashore at the foot of California street, North Beach, Santa Monica, Saturday morning, will be burled at Inglewood cemetery this afternoon. In vestigation of the case seemß to con firm the theory that the young woman ended her life by jumping into the ocean while suffering 'from temporary Insanity, due to ill health. Miss Shafer disappeared from her homo on September 30, after expressing her be lief that sho was a hopeless invalid and would like to be dead. It is be lieved that she plunged Into the ocean from one of tho beach wharves on the night she disappeared. The young woman is said to have a number of wealthy relatives in the flst, but had earned her living for some time at her trade of dressmaking. She was 35 years of age. ■» . » SOUTHERN PACIFIC OIL LANDS IN LIMELIGHT Interior Official Starts for Cali fornia to Investigate San Joaquin Valley Condition Frank Pierce, assistant secretary of the interior, will arrive in Los An geles Tuesday or Wednesday, en route to the California oil fit-Ids, for the pur pose of making a thorough Investiga tion into the conditions prevailing there, both upon withdrawal land and land alleged to belong to tho Southern Pacific. The Southern Pacific grant, which comprises every other section, will, it is said, soon be contested and the matter thrown into court for ad justment. Mr. Pierces visit to the coast will be one if the greatest im portance to oil men, all of whom are anxious to get the matter of oil grants and withdrawals straightened out. They believe that they can show Mr. Pierce many things which have not yet been brought to the attention of the interior department, and that if he can be convinced a different condition will prevail here. Tho matter of railroad ownership of alternate sections has been referred to the interior department many times rind one of the chief objects of Mr. Pieree's visit here is to get the facts, also to learn what others have to say upon the subject. A short time ago the California Oil Men's association passed a resolution Inviting Mr. Pierce to be their guest while here and to let them show him around the fields. The oil men's as sociation was originated chiefly fpr the purpose of adjusting differences now existing between them and the government with regard to the with- j drawn lands. Mr. Pierce, before leaving Washing ton, is reported as saying: "The situation in California as to oil lands is even worso than it was before congress adjourned, tho failure to en act legislation of a remedial character tending to embarrass the operators. During the past summer wp have had very large correspondence with the oil producers and persons interested In oil development in California. They have complained vigorously and even bit terly of the situation. "We wish to determine just what is the proper policy to pursue. There are two purposes in mv trip to California: first, to see whether we hnve put a proper construction on existing laws; and second, to see what course the de partment should take toward recom mending new laws. I expect to give the oil men a hearing in Los Angeles at which they may present their views and possibly I shall give another hear ing In San Francisco. "I expect to visit the oil fields around BakersfioUl and I may po to Coalinga, where I nave a special invi tation to inspect conditions. In going to the oil fields I r!o not pretend to be an expert. I shall have a representa tive of the geological survey with me or readily available, and the chief of the field division of th« general land office in Los Angeles will be called into consultation. "I shall not undertake to settle any question until T return, but I hope to get a thorough understanding of the entire situation. "There are two principal complaints by oil men. They claim first that withdrawals of lamls by the.president have retarded the development of the country and thnt the law, as it stands, provided for the location and patent ing of oil lands under placer mining laws. The act requires a 'discovery' of mineral before valid location can be made, and of course the same law ap plies to oil locations. Now. a man can't discover oil under ground until he has explored pxtensively. Opera tors think they ought to be protected until such time as they can sink shafts or drill wells, but the law being inade quate to protect them any one may come and erect rigs on land already located: and then questions arise as who has the most valid claims. "As to the solution, I suppose oil men want either a more liberal con struction of the statute permitting in dications of oil to be considered equiv alent to discovery, or else that con gress shall amend the law giving pros pectors exclusive possession for a def inite length of time, thereby protecting them in their tentative rights." MONKS AND NUNS LEAVE PORTUGAL New Republic Expels Cardinal, Bishop and Dissolves the Settlements CONFISCATES CHURCH FUNDS 6000 Clerics Will Be Banished; Killed and Wounded 300; Lisbon Is Quiet [Associated PreeiJ LISBON, Oct. 9.—The expulsion of the monks from Portugal has bocun. No time will bo lost in driving them across the frontier. Several hundred nuns bave been assembled and will be deported out of the country. Cardinal NetO, ox-patriarch of Lis bon, the bishop of Boja and other prominent ecclesiastics, have already been expelled. The authorities Issued a warning against the exaggerated reports con stantly finding currency among the ex cited populace. The affair at Quelhas monastery was not very serious, but the interior of the church was wrecked and desecrated and the organ was de stroyed In the mad search by soldiers and civilians who Invaded the build ings in search of underground pass ages, by which they imagined priests and municipal guards erroneously SlM pecte'd of hiding there marl* their es cape. No secret passages were dis covered, but the searchers tore down walls and benches and even the altar In their vnln endeavor. Each day apparently adds to tne stability of the republic. The mem bers of the new administration assert that adherence to the new principles has been given by many outlying towns and districts. Openly there are no royalist troops to oppose the forces of the Republicans, and Lisbon, after two days of blood «hed and a further brief period of dis order, la quite as it was weeks before the uprising. Alfonso Costa, minister of justice, in an interview today, said: "The solu tion of the problem of congregations is not difficult. The government only needs to prevent a continuance of re ligious settlements, all of which are Illegal The dissolution will oocur with out trouble, and the confiscation of property will follow In due course. Last evening there was great cxc te ment In various parts of the city. Cavalry patrolled the streets and from time to time rifle shots were heard, « was impossible to ascertain from what direction the shots came. Sailors guarding the Merces chapel entered that edifice, but found nothing. It is believed, however, that underground passages connect the convents and that those who were responsible for the shooting made their escape through these. Public curiosity about the flight of King Manuel and the other members of the royal family has been awakened by a violent attack on Manuel's cour age, contained in an article In the newspaper Odia, the organ of Dr. Jose do Alpeim, chief of the progressive dis rldents. The recital of the king's experiences represents Manuel as cringing in fear, stretched shuddering on a divan, while exploding shells shrieked about the palace; then, deathly pale, totter ing about the room, wondering wheth er the fate of the father would be vis ited on the son. New details of the king's flight, gleaned from attendants, show that when Manuel arrived at Mafra he en tered a bedroom, saying, "Let us sleep. Our patron saint, the immac ulate Virgin Mary, will watch over us." The morning, however, brought a blight to his hopes, and the departure Jor Erlceira was hurriedly decided on. | As the king was without baggage and little money, the attendants bought bread and tobacco at a nearby shop. A weeping woman placed a box of handkerchiefs in the trunk of the queen mother. When they reached Ericella Amelte, prostrated by events and overcome by the indifference of the people, exclaimed passionately: "How horrible: I never thought the Portuguese people would treat me thus." The aged Maria Fia, who stumbled across the beach on the arm of a lady in waiting, was in a state of collapse. When the fishing boat pulled away to join the yacht Queen Amelle fell unconscious In the stern. It is estimated that between 5000 and 6000 monks and nuns will be expelled. Senhor Barto, the new minister of war, states the killed and wounded in the revolution number under 300. CROSS-TIE SALES INCREASE IN YEAR Ten Per Cent Advance Reported in Supply for Steam and Electric Railways [Special to The Herald] WASHINGTON, D. C, Oct. 9.—Thorp was a substantial increase, amounting to about ten per cent, in the num ber of wooden cross-ties purchased fur consumption by the steam and electric railroads in the United States in the calendar year 1909, as compared with the number purchased in 1908. This information appears in a preliminary comparative report covering 1909, 190-?, and 1907, which was transmitted today to Census Director Durand by Chief Statistician William M. Steuart, un der whose supervision it was prepared by J. E. Whelchel, special agent of the division of manufactures. The census bureau, In conjunction with the forest service of the department of agriculture, annuully collects and publishes a special report relative to the consumption of cross-ties. The comparative table, embodied In the report, shows the principal kinds of wood used in the manufacture of | cross-ties. These, In the ranking order Into which they fell in 1909, are: daks, southern pines, Douglas fir, western pine, cedar, chestnut, cypress, tamar ack, hemlock, redwood, white pine, lodgepole pine, gum, spruce and beech, and the remaining varieties are group ed together In an "all other" class. In 1909 the total number of cross ties of all kinds of wood, reported as having been purchased, was 123,754, --000, costing $60,321,000 at the point of purchase, as compared with 1U',463.000, ,costing $56,281,000, in ISOB, and X 03,700- CLEARING HOUSEJBANKS name orrrenna F. ; „ , J. it. KLLIUTT, President, trst National Bank w. t. b. hammond. caaniw. Caplt.. itoek, $1,250,000. S. B. cornor Second and Spring. Burp. :a and Proflta, 11.625.00 P. ~ ~ : : _ , W. H. ji(ii,i,m\v. President. erchants National Bank chap oreenb. caaniw. Co ital, $200,000. P. F. corner Third an 1 Spring. Surplus an 1 Undivided Prof.t». JSSO.OM National Bank of California J. k. F riIUJIIN, PreaMnnt. itional Bank of California n B mckkk. caahier. Capital, $6C0,00i). ...««». N E. corner Fourth and Sprlnir. Burplut and Undivided PmfltJi. IHD.Wt flentral National Bank iamvm b. out, c«hier. entral National Bank jamks b. gist, caahier. I, Cnpltnl, ».100,000. „,.««. \t P. E. corner Fourth and Broadway. Surplus and Undivided Prnfitn. M4i.aot *~ WAHltf'N OIIAKL.EN. PrealdtJt. n.oadway Bank & Trust Company A . w , rkdmak, cashier. n Capltul, $230,000. /»» V ans-810 nroadway, Brndhury . PulMlng Surpluj nnl Undivided Profit. $217.001 iT~, " ~ — TT; ; IfAIAS w. HELLMAN, Presldont. 11 nited States National Bank f. w. smith, cm-hier. 11 (.apltl!. $200,000. \| P. E. corner Main and Commercial. Si;i|''i an.l Proflta. $73,000. -•—; — ■ —- —— a. .'. WATERS, PresldenU flitizens National Bank wm. w. woods, cashier. I " Capital, $1,000,000. U B. VI corner Third and Main. Surplus. $500,000. __ i_ ' . , »t '• T~rT i W. A. ISONYNOE, I'"*.-i.ient. llommercial National Bank nbwman essick. cashier. I. Capital. .000.00. ..««.». %J 401 S. Spring, corner Fourth. Surp'ua & Undivided Proflta. $<7,000.M "— ~ ', T^ '■ i -r. I I. W. HKLI.MAN, President armers & Merchants National Bank chapt.ps :vi.er, cashier. Capital, $1,600,000. Corn Fourth and Main. Surplus and Profits. $1.900.000. LOS ANGELES SAVINGS BANKS ~ECITRITY IZZT L%yiyo» IJBAST X Largest and Oldest in the Southwest K.-sourc. $29,000,000.00 rar» «be hliheat ra«e« »» lnt«r«t .oa on H.« m»U liberal term* enilitol Witt Muid. conurratlT* banking. Largest and Best Equipped Safe Deposit and Storage Vaults in the Southwest. Security Building Spring and Fifth Streets j mmm Mm bank ZW* THE. BANK WITH THE «WSggljF" a» J^ EFFICIENT SEJ9VIGE £ JFO>R§NG ANB* FOURTH JTJ. M^ HARNESS "",„ x . xJ." a;^" " SADDLERy LOS ANGELES TRUST COMPANIES Merchants Bank and Trust Co SlJfioJS^SiS aarttJK> hop,., «~, 1 09-11 S. Broadway STS I-rZSSSUr* Promoter's Opportunity By PROMOTER is meant, not a stock salesman but a man of past successful accomplishments, bent upon adding to his store of the world's goods by the honest development of Nature's re sources or the legitimate creating of profitable industries. ', In this particular instance the industry has been created, the demand enormous and the profits ranging from 100 to 1000 per cent, and over. All the time-consuming and painstaking prelimi nary details have just been completed. Additional capital- ia-> needed. ¥ The right man now has one of the few opportunities of the last several years to make anywhere from $50,000 to $600,000 profit, dependent on his ability and whether he utilizes his own money or that which he controls. Two skillful and efficient or ganizations will be under his control—one the business itself and the other the financial. Immediate action commensurate with sound business judgment is necessary. Address confidential communication for interview to BOX 287, Care of Herald, Los Angeles. -000, costing $78,959,000, in 1907. Thc> lat- | ter year does not, however, represent I the true standard of comparison, a3 It j was one of unusual railroad develop- | ment. The decrease in 1903 was about L'6.S per cent, but in 1909 the balance swung back to 80.5 per cent of the 1907 record, nnd was, as stated, an in crease of about 10 per cent over 1908. While there was considerable varia tion in the number of cross-ties pur chased during the three years, the average cost per tie remained close to 50 cents. A siKiiiflcnnt feature Is the fact that In 1909 there were 16,437,000 cross-ties reported as purchased for new track, as against 7,431,000 in 1908, and 23,057, --000 In 1907. The purchases by steam railroadH formed about 93 per cent of the total in 1909 as compareu with approximate ly lit per cent in both 1908 and 1907. ' The oakl continued in 1909 to lead in a wide margin all the other kinds of cross-tie material. Moreover, in the general return of tho Industry toward the 1907 record, , owing to renewed activity In railroad extension, the oaks have come back faster than any other species. In 1907 the total number of oak cross-ties reported was 61,757,000: in 190S it was 48,111,000, and in 1909 it was 57.132,000. During those years the proportion of oak cross-tlei in the total number pur chased ranged from 40 to 46 per cent. Southern pines, which numbered more than half as many as the oaks In 1907. dropped to considerably less than half I in 1908 and decreased a little further in 1909. The figures are 34,215.000 in 1907, 21,529,000 in 1908 and 21,281,000 in 1909. In each year the oaks and wuthern pines together formed about two-thirds of the total number purchased, nous las fir, white showing a material Hrain over 1908, was In 1909 still short of the number purchased in 1907, which was 14,524,000. In 1908 the total whs 7.957, --000, and In 1909 it was 9.068,000. From third place in the ranking order in 1907, Douglas fir dropped to fifth In 1908, but came back to third in 1909. In 1907 cedar, with. 8,953,001), was iouita ?| We Guarantee (H VttV satisfaction In every df-HjMF mw^ partmcnl. Our saving* Vjk department hat grown no rapidly \n if we have found It necessary to ■ n double our service at the nub JH mm hours. Our eommerciul depart- «■ mf ment Is a boon to business peo- \l pip. Let ns know any way that fl tt our service can be bettered. We /J will appreciate it. [m m7J yUMn ja MmmT mmT£2mmm MB WrjSmJMVLkf%M%rW 2.">,000 SHARES oX .no Caplt&l titock ot Mutual Home Bldg. Corporation Now offered at 11.10 per snare. :;n:<--.»08 IUOGINB ill ii.ihn<;. in rank; in 1908 is rose, with 8,172,000, to third place, displacing Douglas flr; but in 1909, with 6,778,000, it gave way to western pine, and took fifth rank. In 1907 chestnut was fifth, with 7,851,000; in 1908 fourth, with 8,074,000, and in 190.) sixth, with 6,629.000. Cypress held the sixth position, with 6,779,000 in 1907: seventh, with 3,457,000. in 190S; and seventh again, with 1,589, --000, in 1909. Western pine was seventh, from the top, with 5,019,000, In 1907; ninth, with 3,093,000, in 1908; and fourth; with 6,797,000, In 11)09. Tamarack was eighth in rank in 1907 and I'JOS, but sixth in 1908. Hemlock was ninth In 1907 and 1909, but eighth in 1908. Bed wood has held tenth place each year. A marked increase is noticeable in the use of gum and beech wood Of tho former there were 15,000 crOBS-titJH purchased in 1907, 262,000 In 190 1-. ana 378,000 in 1909. The total number of beech cross-ties purchased was 5t,000 in 1907, 193,000 In 190S and 195,000 m 190) - • -■* 9