New-York tribune., 1907-01-27
WHERE ARE THE ASSETS OF YESTERDAY?

front by 1915 feet deep. The new swimming
tank. 100 feet long. VIII be the largest IN the
world
A lot was sold In Sutter street near Grant
avenue this week for moro money than was
asked before the fire. It is on the south line OF
the street west of Grant avenue. 30 feet front
by 100 feet, and It brought $12500O. Before the
fire the lot was valued at 100000 ana the i'm
provements at $4,000. This high price is prob
ably due to the fact that one Of the largest re-
tail drygoods houses will be established at sut-
ter street and Grant avenue.
Two new theatres were opened this week. the
American. In Market street, near South, and the
New Orpheum. in O'Farrel street. near Steiner
street. Both are permanent theatres, hreproor
and well built in every way. The opening OF
these permanent theatres shows that San Fran
cisco needs diversion and is willing to pay for
IL. The Columbia Theatre will open its new
house IN about a month.
An effort is being made 20 obtain the release
on parole OF Harry Bunkers, former State
Senator. who convicted Of taking bribe
two years ago. Bunkers has served nearly half
OF his fve-year term.
Experiments by Professor Loren z. Hunt. OF
the University Of California, show that ths
wood OF the eucalyptus tree when properly
treated is nearly as strong hickory. and can
be used for handles OK tools and for aXles,
spokes and hubs OF wagons. This is important
to California, as the eucalyptus grows rapidly
and can be cultivated on poor soil. In ten years
the tree frequently gains height of one hun
dred feet and diameter Of three feet.
The Santa Fe Railroad Company has bought
over two thousand acres of the Hughson ranch.
seven miles from Modesto. This. with other re-
cent purchases. gives the company about eigh-
teen hundred acres adjoining Wnwood, which
no
tween Stockton and Fresno.
For the first time IN twenty years hydraulic
mining will be carried on soon in Sierra County
near DownievilIe. The Allegheny Mining Com
pany is nearly ready 20 work the old gravel
claim OF John McNulty. who expended 100000
for machinery and had only just begun to reap
rich returns when the Debris law OF 1882 forced
him TO shut down.
Ten thousand acres OF timber land IN Siskoyou
and Shasta counties were sold this week for
S5OO,Oo0 This tract lies east OF the Sacramento
River and is close to the Southern Pacific Rail-
road. The purchasers. the Lamoine Lumber
and Trading Company. will erect a mill near
Castle Cvag.
After being strike i've months the long
shoremen OF Eureka have decided to return 10
work. They struck for higher wages but the
ship owners and mill men obtained non-union
men Immediately, and there has been no inter-
ruption Of work. The strike cost the Iongshors-
mems union large amount of money and ths
men gained nothing by It
The cold weather on the northern coast pro-
duced some queer freaks The Columbia River
was frozen at Portland for the first time in
twenty years One OF the San Francisco pas,
senger steamers was frozen in the fee and was
held prisoner two days.
The development OF the telephone around
Horne has been extraordinary. Over one hun
dred miles OF wire IS strung between the various
camps. and 130 camps and roadhouses are pro-
vided with telephones. The longest line is from
Nome TO Canole Greek, 1873 miles