The San Francisco call., 1904-07-02
ORE STRIKES REPORTED
IN VARIOUS DISTRICTS
Prospectors Find High Values in Some instances.
Oil Miners Struggle Over Southern Market
Railway Will Soon Run to Tonopahs Deposits

tonwOod that there is gold enough 70 pay. wei
for sIufcing II there were sufficient fall for a
tailrace Joe Roth and John. Winkehman are
authority for the statement that there are
places along the creek near town where from
90 to "a cents a day can be. taken QuI with
a rocker. They state. that the gold Is heavy
and. although they nrospected the gravel .sev-
and three cents can be panned out. Flattering
reports come IN from different points up and
with heavy fine gold. which Indicates. that
the bedrock has rich pay streaks OF heavy
coarse cold.
FIGHT FOR 4 MARKET.
The oil miners Of Los Angeles are
struggling TO hold their trade territory
against the outside producers. The
Los Angeles Herald says:
An interesting fight for the oil business. OF
Los angeles Is being quietly carried on. though
very rev interested parties will admit H.
while the general public has been permitted
to know. practically nothing sbouf the bafriS
yeC poth sldes OF the controversy have adopted
'elerical-looIxing gents who Tnsnfp1Iate stock
transactions down on Wall street
No., susHy quiet with small fluctuations either
way the Oil market has become ssnsifIve n, q
SeSIee Bull and bear arguments have been
10y dosly circulated until the local producer
S0gSn %s5Is :, know low tust where he is at when he
wssRs me n most startling bull rumor. Of several
free1y 4at9 s@He9 credenee yesterday. when it was
c,,r,r s'ateu among oil men that a certa in
company operating in the Kern River iaId Wa
oI SlloIS on contracts in this city; T. e that The
I'm Pany mad contracted to- deliver a certain
amount OF oil at a certain figure b-,+ s,;1,d
Itself unable to do so N0F"@
Ihis statement was backed up bv the asse-
one ,o - has AZ the company In question-which -
Sne S OF the largest producers in the Kern River
-. formerly had large quantity OF ,i
seoIeu IN the Held, but at present its big reser-
tolr with capacity OF over half a nnfIion,
barrels Of oil. was empty
II vas argued that deliveries OF oil al a
P-ISs s oeIoW 20 cents could not be made with
t.ons tboss 20 the company and every effort was
Inerefore being made by this company to de-
press the market
z. E. Shafer has secured. according
10 the San Diego Union, the right to
drill on lands of the city for twenty
years for oil, petroleum. bitumen and
kindred mining products. For this
privilege he had TO pay only $50 A
company has been formed to sink. ON
the city lands.
Inc future Of a mine IN Mexico that
Is reputed to have been paying. $40. 900
a month, the San Martin, in the State
oI Oaxaca, near Oaxaca, is uncertain
.'7 Deca use Oh the death or H. c. Walters.
Inc vancouver News Advertiser saws
OF the extent Of recent operation and
VI the property generally:
The Mexican. Mines and .Industr4als Com
RS "a PorSAased the property OF Mexican people
tending over 5666 IineaI feet and coSs-ins, fs
acIes' Like many other Mexican mines ~ has
S en worked by the Spaniards TO a depfh of
- ~ ny 20 seventy feet. Owing to the length
seven distinct shoots almost my, rnn,bsr
V,,,tn- s . San De worked. but IL has been the
rot-o' - Ine company thus far develop tns
that way. O-s