The San Francisco call., 1910-08-11

sale of 100000 shares of the treasury stock
OF the Consolidated Midway oil company in
London. The price was not made public, but
is said to be satisfactory to the company.
The Consolidated Midway has big well on
fraction section 80, Maricopa field. and three
producers on its Kern river property, with
TWO more wells about finished.
San Bernardino whereby NJ D. Allison and
others sold to Henry BlumenthaI Jr of Los
Angeles and S. T. Kelley of San Bernardino
four oil claims in the Kramer district. There
Is a total of $40 acres involved in the deal.
The July operations in the eastern and mid
continent oil fields showed decided falling
report just compiled makes the following
showing
diana feld-wells completed 81 production 1850
barrels, dry holes Ii: Kentucky feld-wels
inois ld-wells completed 172 production $3.50
Darrels, dry holes 43; midcontinent held-wes
completed 342, production 16,304 barrels. dry
holes IL; total for July-wells completed LAS,
production p I01 barrels, dry holes 800; total
for June-wells completed 1917, production
Al, ,Oo2 barrels, dry holes 1858.
Judge j. W Campbell and A. G. Wagy. the
former president of the Merchants and Bank
ers' oil company and the latter member of
the Los Angeles stock exchange, have been
elected to the directorate of the Cleveland oil
company to fill vacancies caused by the resgna-
tions of Thomas NJ. Montgomery and John Mont
somery Jr. Campbell has also been elected
TO the presidency of the company and will have
charge of its work in the Midway.
telegram to the Hopkins Mailman company
yesterday said that the New Pennsylvania well
was on the pump again and doing better than
2eo barrels and increasing every hour. There
was no water and the oil getting warmer.
At special meeting of the Big sespe oil
of A F. Johns director and general
ager and w. Z. Johns secretary
accepted and c. ". Goodman, eastern busi-
nessman, associated with d. l.. Keyes. the
present vice president of the Big Sespe was
elected secretary and general manager. while
John u. Graf of Los Angeles was elected to
NIL the other vacancy existing the board.
ID. w. Kirkland, who elected president
at the annual meeting of May TO- also ten
dered his resignation TO take effect August 9.
1t is understood that Keyes, who Is now
nish funds necessary for development on
large scale.
By bringing in a well on the Savage lease
at Whittier, which it has just secured an
option on the Canadian Pacific oil company
proves the existence of another large body of
oil sand that was thought to exist but had
never been developed, and also proved 60 acres
OF additional territory in the Whittier field.
Inc company has had option the
" Warner, adjoining the Savage lease, for some
cash after developing 100 feet of good oil sand.
ihls recent purchase and lease gives the
Canadian Pacific oil company 20 producing wells
and 100 acres of proved oil territory in the
heart of the Whittier field 1t is operating a
standard rig, both the Savage and on the
Warner leases, and has developed on the first
named large body of productive oil sand AT
shallow depth. Heretofore there were no
wells this side of the Warner property, and
bringing in well the Savage proves the
west side holding of the company
The Canadian Pacific oil company is headed
by W. E. Watson of Los Angeles, is backed
largely by Canadian capital and has paid divi-
dends regularly for the last three years