davidaulloa/AmericanStories huggingface dataset:
The San Francisco call., 1910-01-19
WHAT WILL STOCK BE
WORTHl

Naturally the investor wishes 10
know what the stock in any given
company will be worth. Here. again
we are confronted with a problem diff
fcult of solution. Many stocks are
now worth from five to thirty times
their par value where the property in
volved is no better. II as good as the
property in question. The Lucille stock
once sold at 15c and some even lower.
1t is now worth S12.25. West shore
sold at Soc is now worth $3.50. and has
paid dividends amounting 10 nearly
three times the amount of the capital
stock-this, too, when they have never
received more than 25c per barrel for
their oil Pinal sold originally at soc,
has since sold at S27. and has paid divi
dends already of over four times It's
capital stock on a tract only partially
developed. Sterling originally sold az
soc; has paid more than twice its par
value in dividends and the stock is now
worth S3.S5. Kern River that sold AT
soc per share has paid already prac-
ticalIy it's par value in dividends and
is now worth $3.50. The Traders, on
land adjoining the Premier on the west.
while still a new company, is paying
II per cent per month.
1t must be remembered that most Of
these companies, or at least many Of
them. have made their records on YER.
low prices for OIL for instance. the
Monte CristO, which once sold AT 10c
per share and is now worth in the
neighborhood of s.. still has large ,
contract to I'LL at 17e- The Peerless :
oil company which has paid in divi-
dends nearly $4,000 per acre. on the
$50 acres they originally held. has had
TO work against the handicap OF a
5000, 900 barrel contract a zoe. and is
now getting much less than the mar
ket price. II this company had re-
ceiVed the Drosent Driee for its O1fr-
put, presuming that the cost of pro-
duction would not have been increased.
the profits would have been at least
six times as large as If oil is sold at
zoe. 1t may cost 10c to produce il.
which only leaves profit OF 10c per
barrel. If the price was soc, there
would be left at the same rate of eN-
pense for operating soc per barrel.
which would have enabled the com
pany TO declare dividends OF more than
THIRTY THOUSAND DOLLARS PER
ACRE.
The San Francisco call., 1910-01-19
CARDINAL ADVOCATES
LOWERING OF PRICES
Prelate Thinks Tariff Responsible
for Exorbitant Costs

BALTIMORE, Jan. 1S.-In discussing
the increased price of foodstuffs Cardi-
nal Gibbons said:
Il am persuaded and inclined to be-
Iieve that our high tariff has great
deal to do with the exorbitant cost of
things necessary for household and life.
Take as illustrations:
"First@The cost of sugar That ar
ticle is a product of Louisiana, Porto
Rico and the Philippines. England
does not produce sugar and yet the
price of sugar in Great Britain is as
low, if not lower, than in the United
States.
''Second-The case of tin, a neces-
sary covering for canned fruits and
vegetables. The high tariff on tin pro-
hibits its importation from Wales, and
the consumers are obliged to use the
domestic, which inures to the exclusive
benefit of the domestic manufacturer.
The government receives no benefit
from this protection, nor do the packers
themselves. The advantage is con-
ferred solely upon the domestic manu-
facturer of tin"
The cardinal added that something
must be done at once to improve eco
nomic conditions in this country.
The San Francisco call., 1910-01-19
WHAT WILL THE SELLING
PRICE BE!

1t is by no means likely that the
price of oil will ever be lower than at
present The problem of transport
tiOn is practically solved The mar
ket is constantly growing every day.
The use OF oil as fuel for road work
for the manufacture Of gas. in the
arts and sciences. is being steadily in
creased. With the single exception Of
Mexico, which is an unknown quantity,
the production of every known Geld
is on the decrease. except California.
The Appalachian fields have reached
this maximum long since and from this
time on will cease TO become factor.
except for the higher grades Of rein
ing oils. Texas, Illinois, Oklahoma.
Kansas Colorado. Louisiana and the
other ntideontinent fields show
marked decrease for the year over
last, which also showed a decrease
over the preceding year. Our foreign
creasing every year, as shown by the
United States bureau of statistics
Japan Is in the market for large
amounts OF oil on long time contracts.
that so far no one has been able TO
fll- New railways across the con
tinent will become large consumers of
liquid fuel. The far east. that cOun-
try almost without water power. and
without fuel. will soon be clamOring
for our fuel. The Panama canal. I'm
itself a large consumer of oil fuel will
not only open up a large trade in oil
with the Atlantic coast, but the new
countries that will be developed b.
this canal viii also become customers
of California.
The best informed men in the busi-
ness are now unit in prophesying
higher prices for oil. Such men as
J. A. Chanslor. president of the Asso-
ciated oil company. himself a pioneer
in the oil business, has stated within
the last four days that the price of oil
ought TO be. and would be. higher
All the large purchasing companies
like the Associated. Union and stand
ard. are showing their faith in the flu
ture by signing long time contracts
wherever possible. The Southern Pa
eihc railway. owning large tracts of
proven land. is only drilling up that
portion where there is danger O. other
companies obtaining some of the oil
from their land through work on ad-
joining territory This because they
we'll know that whatever may be the
price of oil now IL will be much higher
in 20 years.
Taking all these things into oonsid-
Grafton. can there be safer or more
profitable investment than in the stock
of a carefully selected. econonicaIlv
managed oil company. where holdings
are OF good size. whose operations are
in a known and proven field and who
already have a developed property and
an established market2 This is an
industry that in less than 20 wears
time in this state has grown TO bA>
practically double the combined out \
put of gold. silver, lead and copper
and whose crude product at the wells
is worth 40 per cent more than the
entire citrus crop packed in boxes and
loaded on cars for shipment
The San Francisco call., 1910-01-19
on THE WEST SIDE.

On the west sfde developments have
been equally as rapid, but as a general
thing. the companies have had larger
holdings and the work has been slower,
owing to difference in formations.
Then, too the West Side wells nearly
all produce oil of less than % B., which
for time was unstable, while the
product of the East Side always met
with ready sale but at ruinous prices.
Now, however. when we have demon
strated that as a fuel oil has no COM
petitor when we have proven that the
market ever outstrips the constantly
increasing productions, when the prob
lens of transportation and marketing
have been worked out, when we are
daily delivering our product from Nome
to Valparaiso, and from Denver to
Tokyo the congestion in the heavy oil
fields is forever past.
The first we'll to be finished on the
West Side was Confidence No. l. fin
ished in 1901. This was soon followed
by Section Seven, No. 1, which came
in a gusher and which is said to have
produced in the neighborhood of-two
million (2,000, ,O0O) barrels of oil. 1t
flowed constantly for over two years
and is still a steady producer.
Among the many successful COM
panies in this part of the field it is
difficult to select a typical one. When
one tries to pick out a name from
among the many that come trooping
down the aisles of memory, the mind
becomes dazed. Such names as C1eary,
Smith, Byrner, Bunting, Garfield, Spell
lacy, Kerr. ingalls,, Dallas, Brix,
Thomas, McNear, the Guibersons,
ODonnell, Robinson, Zeer, Mattson, and
scores of others who have been sue
cessful in this field, are connected with
the story of its development so closely
that it is well nigh impossible to Sc
lect a sample company.
The San Francisco call., 1910-01-19
STOCKTON CHURCH
DELEGATES CHOSEN
Six Will Attend Episcopal Con,
ventiOn in San Francisco
January Is to Is
[Special Dispatch 10 The Call


STOCKTON, Jan. 1S.-St. Johns Epis-
copal church of this city will send six
delegates to the annual convention of
the three dioceses of California to be
held in San Francisco from January 25
to January %. They are: Rev. Will
liam Renison, j. r. Hough. Charles A.
owen, Charles Jackson, r. e. Wilheit
and Andrew Wolf
The proposition of making San Joa-
auin valley convocation into a sepa-
rate and independent district Will be
one of the important matters taken up
a { the convention. No definite action
Will be taken until the national conven-
tion in the fall.
IN conjunction with the convention
proper a session of the house of church
women viii be held. The Stockton
delegates are: Mrs. William Renison
Mrs. l.. E. d. Ewing, Mrs. James II
Hough, Mrs. Sarah II. Gillis and Mrs
George Cowie.
The San Francisco call., 1910-01-19
ON THE EAST SIDE.

The experience of some of the men
who were early in the field would fill
a volume. A prominent and picturesque
character early on the ground was Bud
Spinks He bought all of Section
Twenty-Five (22) in Township Nineteen
(19) South, Range Fifteen East, except
twenty-acre piece along the west
side, for approximately fifteen hundred
dollars (s1,500). The remaining twenty
acres was owned by Axel Peterson. who
wanted sixty dollars (s6Q00) for it,
Spinks demurred at this unheard of
price in those times and the matter
was finally settled by the dice box, the
twenty acres of land against one hun
dred and twenty dollars (s120). Spinks
won. He held the land for some time
and then sold it to the Sauer Dough
Oil Company for three hundred thou
sand dollars ts300, ,O00). He has stated
that he sold it too cheap. but at that
time he did not think there was any
more money in the world than that
much. He afterwards offered large
advance on this amount, but the Sauer
Dough would not sell. He sold one
hundred and sixty (160) acres to the
Coalinga Peerless. 1s0 to the octave
and smaller tracts to the Twenty Two
oil Company and Reward. and on the
remainder the Caribou Oil Company
was organized.
This is another early company where
vicissitudes were many. They bought
their fuel oil from Canfield, had to
build road over the mountains to get
it to their boilers and also had to
transport water for long distances for
The San Francisco call., 1910-01-19
CARNIVAL OF SONG TO
BE GIVEN IN MODESTO
Choral Society Plans Entertain
ment i'm May
Soecial Dispaich 10 The Cell

MODESTO, Jan. IS.-The Modesto
choral society Is preparing TO hold a
spring carnival Of song in this city
Friday and Saturday, May Z and s. 1t
is planned to have a chorus Of at least
zoo voices, with noted solOists from
abroad. as well as local sOloists. and
an orchestra Of 80 pieces.
The Modesto choral society has a
membership of 100 and on the occasion
of the festival viii unite with the other
choral societies Of Stanislaus county.
The first day viii be devoted to
selections from oratoriOs led by the
leading soloists of the state. The sec
ond day there win be music by mon
ster chorus composed of ali OF the
school children Of the county. while the
closing evening viii be devoted to Sc
Iections from the grand operas.
The San Francisco call., 1910-01-19
PLAN BIG BOND ISSUE
FOR GOOD COUNTY ROADS

NEVADA CITY, Jan. IS.-The cham
her of commerce launched a plan last
night for the issuance of $3.50 900
bonds for good roads in the county
Petitions viii at once be circulated for
signatures and requesting the super
visors to call special election.
The San Francisco call., 1910-01-19
Sacramento and San Joaquin Valleys
LETTER THREATENS
JUDGE WITH DEATH
Jurist Ordered to Leave Town
Under Penalty of Being
Blown Up

FRESNO, Jan. IS.-Judge Walton of
Sanger has received a letter from
seven unknown men informing him
that he viii be blown TO death unless
he leaves town.
The writer's Of the threatening mis-
sive say that he sentenced them 10 jail
unjustly and that he viii have 10 suf-
fer the consequences If he persists in
staying in town.
Judge Walton saws ne viii not be
frightened into leaving and has placed
the matter in the hands of the police,
VINO are investigating the matter
The San Francisco call., 1910-01-19

Situated nearly in the southwest
corner of Fresno county and stretch
ing along the hills in a great half cir
Gle, the Coalinga field is already nearly
twenty miles long and from two TO
four miles broad. It's boundaries are
being extended daily and already the
greatest field in the country in point
of proven acreage, it bids fair to be
the greatest source of wealth ever dis
covered
The San Francisco call., 1910-01-19
SACRAMENTO COMPLAINS
OF NEW TRAIN SCHEDULE
Practically Isolated From Port
land Bound Traffic
[Speeiol Dispatch 10 The Call

SACRAMENTO, Jan 1S.-Complaints
have been made to the Southern Pa
cific company because the Portland
express has been transferred to the
west side route of the valley and train
No. IA, the other Portland train. has
been put on the east side.
Portland bound passengers from
here must either take a stub train to
Davis at midnight or wait until $3.50
q. m. for No. IA.
BY reason of the change Sacramento
is virtually isolated both night and
day from direct Portland traffic.
The San Francisco call., 1910-01-19
Snow Covers Death Valley
LSpeeiaI Dispdteh 10 The COLL

TONOPAH, Nev., Jan. 1S.-For the
first time in the memory of the resi-
dents of southern Nevada the floor of
Death Valley is covered with two or
three inches of snow
This valley, which is far below sea
level, is one of the hottest places in
the country in the summer time
A recent cold wave reached the heart
of the valley and left the floor covered
with snow.
The San Francisco call., 1910-01-19
MISFORTUNE FOLLOWS
STOCKTON TAILOR
Beaten by Thieves and Lost
Wife and Son
ISseeIaL Dispatch 10 The Call

STOCKTON. Jan. lS.-John Troglia.
The stockton tailor who was beaten
and robbed in San Francisco last
night. has suffered much misfortune.
Last Christmas he and his family
and some friends partook of raw pork
sausage with the result that they were
IA ken down with trichinOsis. His wife
passed away a day or 50 later and
Ills son died at the county hospital
Troglia recovered sufficiently 10 en-
able him 10 90 to San Francisco to
obtain treatment from a specialist.
The San Francisco call., 1910-01-19
EMBANKMENT AROUSES
FAIR OAKS RESIDENTS
Assert LeVee Will Result in
Flooding Addition
Special Dispatch 10 The Call

STOCKTON, Jan. l6.-The residents
of the Fair oaks. an addition east Of
this city. are highly indignant over the
action OF the local council in raising
the embankment along East street in
order 10 protect stockton from food.
They held a mass meeting last even
ms and appointed a committee consist
ing OF {. j. Cook and T. r. Stribley to
interview Mayor Reibenstein and the
councilmen and endeavor 10 have the
work stopped
The embankment. argue the Fair
Oaks people. viii back up the spring
freshets and flood the addition. If
the EFFORTS at arbitration fail suit is
threatened
The San Francisco call., 1910-01-19
WEALTHY MINING MAN
FATALLY CUTS THROAT
Ben Denight Commits Suicide
to End Long Illness

ANGELS, Jan. 1S.-Ben Denight, a
liveryman of Leadville, Col. committed
suicide last night by cutting his throat
from ear to ear. Denight is said 20 be
wealthy and leaves a wife and family
in Leadville. He is an Englishman by
birth and has been sufferer from
asthma for years.
The San Francisco call., 1910-01-19
RAILROAD SURVEYORS
RUNNING ALTURAS LINE
Southern Pacific Corps Pushing
Work

REDDING, Jan. 1S-Thirty Southern
Pacific surveyors have run a line from
the Fall River mills to a point 20
miles UP the Pitt River canyon They
are now working in Lassen county and
are making their way toward AIturas.
When this route has been surveyed
they will return TO the mills and be-
gin the survey down the river toward
Redding
The San Francisco call., 1910-01-19
STOCKTON GRAND JURY
NOW STUDYING OPIUM
Inquisitorial Body Wants to
Know Effects and Uses
| Special Dispatch 10 The Cali

STOCKTON. Jan. 1S.-Dr. A. w Hois-
holt. one of the state hospital physi-
clans, was summoned today as a wit
ness before the grand jury It is under
stood that the physician was called to
give expert testimony concerning the
effects and uses of opium. few
months ago state officials with the as
sistance of the sheriff and his force
raided a number of opium joints and
confiscated several hundred dollars
worth of the opiate.
The San Francisco call., 1910-01-19
PLANS APPROVED FOR
NEW RAILROAD SHOPS
Southern Pacific to Construct
Extensive Plant at RoSeViIIe

rOSEVILLE, Cal, Jan. 1S.-The
Southern Pacific company has ap-
proved plans for three monster car
shops here Each shop will be 400 by
500 feet The company viii also build
an additional large roundhouse to ac-
commodate the huge Mogul engines
now being received. When the new
shops are installed the company will
nave local force Of 5000 men.
The San Francisco call., 1910-01-19
SUES OFFICIAL WHO
BLACKENED HIS EYE
San Franciscan Wants Damages
From Glenn County Treasurer
lSpecial Dispatch TO The Cali

WILLOWS, Jan. 1S.-John Patton of
San Francisco has brought suit in the
circuit court against County Treasurer
L. J. Klemmer for damages for a
black eye The plaintiffs optic was
discolored during a personal encounter
with the defendant. Klemmer paid the
doctors bill at the time, but additional
value is prayed for.
The San Francisco call., 1910-01-19
Two Exhausted in Snow
Especial Dispatch 10 The Call

IOpecIdI DlSPdtch 10 he Gail
NEVADA CITY, Jan 1S.-After
struggling through three to four feet
of snow for several miles in an at
tempt to reach Brandy City from Oak
Valley, a son and daughter of Mr.. and
Mrs. Bagno of Indian Hill fell ex-
hausted at the Brandy City milling
company's dam, where their feeble
cries attracted attention of workmen
near by They were carried to Brandy
City, where they recovered.
The San Francisco call., 1910-01-19
Yosemite I'm winter

Delightfully."- Observation-Disclosures ting
spiring-Southern Pacific personally
conducted excursions, leave San Fran
cisco Ferry Depot every Friday return
Ensov syfnter sno,fS Tee s.5,oS' 49,,
sleighing, tobogganing. Ask agents
for details. Ticket Offices Flood
Building, Market Street Ferry Depot.
Broadway and Thirteenth Street, Oak
land
The San Francisco call., 1910-01-19
LARGEST RESTAURANT
IN WORLD FOR GOTHAM
Especial Dispatch TO The Call

NEW YORK. Jan. 1S.-The largest
restaurant in the world is TO be erected
on the Brewster site in Longacre
square. Henry Erkins, architect and
decorator, has organized a syndicate to
back the enterprise.
The aggregate rental for 62 years
lease is more than s7,500,000 the yearly
payments being about Sl23000.
1t is planned to build two theaters in
conjunction with the restaurant in
Forty-seventh and Forty eighth streets.
The restaurant will seat something like
5000 persons and will have a famous
orchestra to dispense music
Shasta Water
c-.. L.. L.
The San Francisco call., 1910-01-19
LAYS HEAD ON RAILS
BEFORE PASSENGER TRAIN
Sacramentan Chooses Horrible
Death

SINGLE SPRINGS, Cal. Jan. IS
Thomas Speakman Of Sacramento de-
liberately laid his head upon the rails
in front Of the wheels Of a passenger
train here last night and was instantly
killed, his head being crushed so that
he was unrecognizable.
The San Francisco call., 1910-01-19
PROMINENT PIONEER
WOMAN DROPS DEAD

YREKA- Cal. Jan. 1S-Mrs. NJ X.
Thomas died at the family home near
this place yesterday while eating an
apple and conversing with her hus-
band. She was q prominent pioneer
woman Of Sislxiyou county ard is sur
vived by her husband and two sons
The San Francisco call., 1910-01-19
"GREATER WILLOWS" is
SLOGAN OF CITIZENS
Annexation of the Surrounding
Communities Is Again Urged
1 Special Dispatch 10 The Call /

WILLOWS. Jan IS.-The Greater
willows movement has taken new life
and petitions are being circulated ask
ing the trustees TO call an election to
decide whether the suburbs shall be
annexed. All the suburbs with the
exception OF East Willows want an
nexation. The movement would dou-
bic the population Of the town.
The San Francisco call., 1910-01-19
BLIZZARD IS FATAL
TO man ON TRAIL
Body Found After Storm and
COrOner's Jury BIames Ex=
pOsure for Death
LSeeeiaI DiseaLeh 10 The Gin

Ell DORADO. Jan. 1S.-The body of
an unidentified man was found on a
trail mile east of here last night.
A coroner's jury today decided death
was due TO exposure. The man was
last seen alive Friday
a blizzard ragged here that night and
il is believed thai he perished then
The San Francisco call., 1910-01-19

Shasta Water
fol health.
The Grenada sentinel. [volume] (Grenada, Miss.) 1868-1955, 1910-06-10
Two Marriages.

Two of Grenada's splendid daughters
yielded to Cupid's wiles last week.
They are sisters.
Miss Matte Allen, daughter Of Mr.
and Mrs. ". s. Allen, was led TO the
marriage altar by Mr.. John Horton,
one Of Grenada's stalwart citizens and
responsible business men. The mar
riage took place at Charleston, at tho
home Of the brides brother.
On Saturday evening Miss Iva Lou
Allen became the wife Of Mr. Saxon
Wier. Mr.. Wier was reared five miles
east Of Grenada and comes OF one of the
county's best families. He is your
man that gives promise Of splendid
success.
To both couples the Sentinel tenders
congratulations and best wishes.
The place to hitch your horse is with
us. J. A. Morelans & Son.
The Grenada sentinel. [volume] (Grenada, Miss.) 1868-1955, 1910-06-10
Death of W. F. Mccormick.

In the death of Mr. w. F. McCor-
mick. which occurred at his home near
Crayspcrt & few days ago, the county
loses Z 5talwart young man, his family
a loving husband and father and his
community a good citizen and friend.
He was gentleman of splendid in
tegrity of character. He met every
duty that came to him with the highest
purposes. Such lives are not lived in
vain.
To the distressed ones the Sentinel
offers sympathy.
The Grenada sentinel. [volume] (Grenada, Miss.) 1868-1955, 1910-06-10
Mrs. ]. L. Bsrnhart Dies.

Mrs. ]. L. Bernhart died at the home
of Mr.. and Mrs. J. T. Mason on June :
and her remains were Inferred at the
Spring Hill burying ground or Friday,
Rev. w. w Mitchell conducting the
services.
She had only returned from Memphis
hospital about ten days before and her
condition had been regarded critical for
several days.
She was q good woman and had led
the life Of a true christian for years.
She is survived by husband and three
children to whom the Sentinel extends
5inrere sympathy.
They do not weep as those who have
70 hope
The Grenada sentinel. [volume] (Grenada, Miss.) 1868-1955, 1910-06-10
The B'0 Hcdd

THE Big Hcad
is OF two kinds conceit and the big
head that comes from q sick headache.
Does your head ever feel like a gourd
and YOUR brain feel loose and sore? You
can cure it in no time by acting on Your
liver with Ballard's Heroine. Isn't it
worth trying for the absolute and GER
tain relief you'll get? Sold by D. O..
Spmnes
The Grenada sentinel. [volume] (Grenada, Miss.) 1868-1955, 1910-06-10
Read Duncan & Co.'S ad.

Find TIE inverted letter il Duncan
& Co.'S, and tell your neighbor and get
premium.
The Sentinel=record., 1910-01-26
ROYALTY WATCH SKETCH.

Berlin, Jan. 25.--The emperor and empress, Crown Prince Frederick Will liam and crown princess, Prince Hen- ry of Prussia and some twenty other German royal personages, spent the evening ait the French embassy, where they were entertained with a striking example of French dramatic and op- ratio art Mime. De Feraudy and De Helly and Mile. Hobenne, from the Comedie Franchise of Paris, played the third act of Beaumarchais' com edy. "The Barber of Seville" while Mile. De Mougetot from the Paris Opera, sang eighteenth century arias from Gluck. The stage was set in the dining room, and supper, served at small tables, closed day devoted by the emperor to French art in va rious forms. r~l