Los Angeles herald., 1906-12-29

g for all the electrical energy that &.
g can be brought into Los Angeles, 9
g and my plans will have no effect 9.
g upOn the Owens river prOject."-- (.
g II. II. Clark. Q
90 @@@@ g o g o 5000 @ @ q @ .
Within less than three years Los An
geles will be the market for a large
portion of electrical energy amounting
is not less than 400 00O-horse power, if
the present plans of II. H. Clark of
Nevada shall be successfully completed.
San Francisco will be the market for
another large portion of the same
power, while towns between the north
ern city and Los Angeles and the entire
southern section of Nevada will have
an opportunity of utilizing the re-
mainder.
This power, it is expected, will be sold
10 consumers az a rate possibly as low
as s. per horse power per month, or
considerably lower than the rate now
charged.
At such price. or at a cost approxi-
mating such figure, it is expected that
electricity will be used to a large ex-
tent in heating Office buildings and resi-
dences and in cooking.
Compared with this power-producing
project, the electrical energy expected
to be generated by means of the Owens
river aqueduct which in itself will be
immense, dwindles considerably but
inasmuch as Los Angeles will be the
market of only a portion of it, this
Owens river power, all of which will be
brought direct to Los Angeles, will not
suffer by reason of competition.
Owens River Project Not Affected
"There is or will be, market for all
the electrical energy that can be
brought INTO Los Angeles, and my
plans will have no effect upon the
owens river project" said H. H. Clark
last night.
Mr.. Clark conceived the idea of de-
veloping power from the Kings river
high up in the Sierras on the dividing
line between California and Nevada,
and thus far he alone is interested in
project, which will mean the expendi-
ture of not less than $6,OOO,OO0 in the
construction of dams, generating plants
and wire lines which will convey the
electricity to Los Angeles, $50 miles
away, to San Francisco, about $50 miles,
and to the various mining camps in
western and southern Nevada.
Mr.. Clark, who is one of the best
known and possibly one of the most
successful mining men in Nevada, was
found last night at the Temple audi
torium, where he occupied a box with
Mrs. Clark and Mr.. and Mrs. Luther
Brown, the latter the only child of Mr..
and Mrs. Clark
Although successful to such an ex-
tent that he has become a multi-mil-
lfonaire through his mining operations
in Nevada, Mr.. Clark retains an open
frankness which his friends say has
been a characteristic of the man all
through his ups and downs in life in
various pursuits, and even as a boy
when he sold newspapers on the streets
of Fort Wayne, Ind.
No Stock to Market
''It was not my intention to say any,,
thing for publication regarding this
project until all the plans had been
completed" said Mr. Clark, but as
publicity now can have little or no
effect one way or another have no OBJ
lection to discussing the affair. In the
first place 1 would like to say that it
will not be stock selling affair. The
amount of capital which will be re-
quired can only be approximately
figured upon now, but whatever the
amount the stock will be fully sub
scribed and not a dollars worth will be
placed upon the market.
II have been assured by capitalists
with whom the project has been dis
cussed that the capital, regardless of
the amount necessary, can be raised
within twenty-four hours. The ques-
tion of the organization of the COM
pany, however, L have given very little
consideration.
II am now waiting for the final re-
port of engineers now at work. The
engineers have made partial reports,
showing the plan to be entirely feasible,
and the final report probably will be
made within sixty days, when actual
steps toward construction will be taken.
At Low Cost
Engineers say that electricity can be
conveyed to Los Angeles within twenty
four months after work is begun. A
line will be run to Los Angeles, about
280 miles, and another to San Fran
cisco, about $50 miles. Other lines will
be run into Nevada for the various min
ing camps.
THE cost of electricity in San Fran
cisco Is about $3.50 per horse power per
month. The price is less in Los An
geles, and while 1 would not like to
promise that power can be brought here
from Kings river for 81, it is possible
that the price will be as low as that.
1T is certain that there will be a
market for all the electricity that can
be brought to Los Angeles. There
should not be a pound of coal used in
the generating of electricity. With the
increased production of electricity there
will be a corresponding increase in its
use, and 1 believe that in time the
greater amount of heating and cooking
in Los Angeles will be done by cleo
tricity. At present the appliances for
the use of electricity for these purposes
are not sufficiently perfect to make their
use economical, but these will be per-
fected.
An Extensive Market
There need be no fear that the
Kings river project will be a serious
competitor of the power to be gem
Grated by the Owens river aqueduct,
for the season, as 1 have said, that the
market for electrical energy in Los An
geles will increas ewith the supply.
Thus far 1 have been alone Is the
project, and l have put a large amount
OF money into perfecting title to lands
involved and In securing water rights.
These rights contemplate only the use
of the water for power purposes, and
the water will be turned back into the