davidaulloa/AmericanStories huggingface dataset:
Los Angeles herald., 1910-03-12
METAL MARKET

NEW YORK, March 1.-THE market for
standard copper on the metal exchange to-
day was steady, with spot at Sl2S7l3@l3.l2h;
March, SIS, OOQiS PA April, Sl3.0Gq1305; May,
S13. 05d13.0 7Ia; June and July, $l3O712Ql3.10.
London market closed easy, with spot quoted
at e5s ISIS Sd and futures at $50 ISIS Sd. Elk
ports reported from New York today were
RS tons, making $500 so far this month. To-
tai imports so far this month, 2490 tons, in
Guiding matte and ores. Local dealers quote
lake copper at S13.62lsd13.S75a electrolytic,
$1s.371ad1362ls, and casting, s1S12h@13.45.
Tin weak spot, S32 1219qS2.20; March, $50. Is
D32 22lk; April, $50. % AqS2S7i5; May, 1872, 300
49, 40; and June, $S2. S2lAd32.50. Sales of three
tons were reported for June delivery at
49,. 271s. London market opened weak and
dull but recovered part of the loss. closing
firm, with spot quoted at e146 los Cd and fu-
lures at G 1873 rs Cd.
Lead easy; spot S455Q465 New York and
$4 40d4.45 East st. Louis, London market I'M
changed at e13 Ss 3D.
Spelter dun, with spot quoted at S56565 70
New York and S5.5OQ56O East st. Louis
London market unchanged at G23.
The English iron market was unchanged at
sis Cd for Cleveland warrants. The local
market was quiet and easy with No. l foun-
dry, northern, quoted at $lS.0OQ1s.50; No. 2
S17. 75a1S %; No, 1 southern and No. south
ern, soft, S1775qlS'25'
Los Angeles herald., 1910-03-12
OJAI PETROLEUM
PAYS A DIVIDEND
STOCK EARNS 3 PER CENT
SINCE NOVEMBER
MeIwood Company Brings In Its Sec
ond Well In Kern River,
Amounting to About
Ninety Barrels

Secretary w. L. Twining announces
that the Ojai Valley Petroleum COM
pany paid it's third dividend Thursday.
This dividend was 1 per cent and
makes a total Of 3 per cent paid since
last November
The company is operating In the Ojai
valley of Ventura county and in Sec
tion p of the Kern river oil field.
The Il. M. b. company has completed
three wells in the Ventura field and
brought in four producing wells on the
Kern river property, all of which are
on the pump, with No. about COM
pleted and No. 6 just begun.
On the same day CAST Thursday
the Melwood Petroleum company,
which is operating on a forty-acre
lease adjoining the Ojai Valley Petro-
leum companys property in Kern
river, section 81, 2S-2S, brought in its
we'll No. 2.
1t is now completed and is producing
about the same quantity as we'll No. l.,
which came in at 80 barrels.
Tho T. M. b. Oil company, which
also has a contract for drilling on the
Melwood property, IS now erecting it's
rig for well No. 3. The contract calls
for twenty wells on the Melwood
property and for twenty-siX wells on
the Ojai Valley Petroleum company's
property, all to be completed within
two years.
Los Angeles herald., 1910-03-12
OIL MEN ENTER
VIRGIN FIELDS
ACTIVITY EXTENDS OVER A
WIDE AREA
GoVERNME EMIT TESTIMONY AS
sIsTS PROJECTORS
Corral Hollow District South of Liver
more Is Passed FavorabIy Upon
by Geological Survey.
Other Prospects

Extensive activity prevails in wild
eating, not only in the neighborhood
of the oil districts but in other parts
of the state where no oil has hitherto
been sought or found. A Topographic
cal survey of the Corral Hollow dis
trict, believed to contain rich mineral
and oil lands, which lies to the south
of LlVermore, is being made by
uarty of surveyors representing the
United States Geodetic survey.
When the plotting of the district is
complete, government mineral experts
will be sent to the hollow to locate the
mineral deposits. 1t is claimed that
oil viii be found in large quantities in
the section. Last year an entire town
ship in Corral Hollow was withdrawn
from entry in order that the mineral
lands might be investigated.
There is quite a rush to the new
town of Sulphur, New, where oil in
dications were recently found. Most
of the locations are being made in 1867
acre tracts. The first wells will be
drilled by the Sitting Bull company,
composed of Reno and Idaho people.
Oil Strike at Bonita
1t is reported that strike has been
made in San Benito county in the San
Carlos we'll on the Ashurst property,
at a depth Of 200 feet. Drilling with a
standard rig will be begun at once.
An oil boom is starting in Panoche,
and it is said that nine rigs will be in
active operation by next June
The Section Six oil company, oper-
atlng the Merrill-Crude lease in the
Kern river district, has just paid its
first quarterly dividend. This company
also owns forty-three acres in the
famous section 6 of Coalinga and a
two-ffths interest in the Templor
Ranch Oil company, with nine pro-
ducing wells.
A dispatch says that a Pennsylvania
syndicate is bonding 5000 acres of prob
able oil land east and north of Vallejo.
The Grifliths Oil company, of which
Assemblyman Grifiths is the head.
has four Coalinga experts directing the
new drillings which have been started
near Monticello. in Napa county. The
Rochester Oil company, headed by for
mer Sheriff James Keys and Attorney
Tom Gregory, is preparing to sink a
section well in the tules east of Suisun.
This company has a natural gas well
that supplies light and fuel to the
towns of Suisun and Fairfield.
Los Angeles herald., 1910-03-12
BIG CAT CANYON
DEAL IS CLOSED
PALMER EXTENSION ACQUIRES
ENTIRE SECTION
WILL EXPLOIT 24o ACRES OF
LAND CONTROLLED
Company Financed in Los Angeles Ex-
poets to Drill Within Sixty Days
Well Near Gusher in
the Mission Tract

SANTA MARIA, March 11.-What is
probably one of the largest and most
important deals in the history of the
Cat canyon field has Just been con-
summated. The deal embraces 100
acres of the Blochman lease of the
Howerton ranch, forty acres adjoining
the Howerton lease, four acres of the
Post property, and embraces in all $40
acres. The company taking over these
leases was organized some months ago,
and is known as the Palmer Extension
Oil company The company has been
successfully financed in Los Angeles,
and these properties will be bought
outright.
The Palmer Extension will exploit
about 240 acres of the west end of
the old Mission holdings on the William
Rice tract, lying between the Los
Alamas petroleum lands and the
Palmer gusher. These lands are now
proved territory. The lands en-
braeed in this deal are considered by
many as being the cream of the re-
naming lands in the Cat canyon dis
trict. Already 100000 shares of the
Palmer Extension stock have been
taken and 100000 more bid for. AS
soon as financial settlements are made
the company will take over one-half of
the Blochman royalties in the Palmer
to be brought in.
A A. Daugherty of Los Angeles, who
financed the deal and who is general
manager of the Palmer Extension, eX-
poets that within sixty days he will
have a rig on the ground and be
drilling a well on land adjoining the
Palmer and about 1000 feet from
Palmer No. 4. Mr.. Daugherty has in
contemplation sub-leasing and exploit
,.f- n4 lon
tract.
Forty acres Of the Ideal holdings
and eighty acres of the Howerton
tract have been leased by two success
full drillers of Los Angeles, and they
have already seven carloads of rig
and camp material on the way, billed
to the new Pacific coast station,
Sisquoc, at the mouth OF Cat canyon.
Palmer well No. 2 is down 27S0 feet.
and the change from perforated to
solid pipe has been successfully made
This will enable the finishing of this
well at the depth of about 300 feet
with 6-inch casing.
The production of the great Palmer
gusher for the month of February was
about 10000 barrels.
The Western Union has started work
on Nos A and 40. These wells are
located near the Western Union office
The West is down about 5000 feet,
with strong seepages of oil and heavy
gas pressure.
Mission No. 2, now known as the
Palmer Extension, is drilling right
along, and the formation is favorable
to the bringing in of a good well.
The New Pennsylvania, on the Full
ger tract, is nearing. the 5000 mark,
and, like the West. has heavy show
ing of oil seepages and great gas
pressure. Both the West and the
New Pennsylvania should come in be-
fore long.
on the Lompoc side the West Huasna
is going down nicely, and a good we'll is
expected.
The circuit has started another well
and work is being rushed.
The Sudden Oil company has its rig
completed and probably will spud In
the last of this week.
The Edna will cement some time this
week.
Los Angeles herald., 1910-03-12
News OF the Mines and Oil Fields
~
GOLD STRIKE EXClTES
THE BULLFROG CAMP

A new excitement has sprung up in
the Bullfrog district on account of a
rich and evidently great strike that
has just been made on Bare mountain,
about five miles east Of Beatty, by w
II. Bond, one of the original locators
of the Mayflower property, says the
Rhyolite Herald.
The ledge, which was buried by six
inches to two feet of soil, has been
opened fifty feet wide and traced for
1000 feet, and twenty-three feet across
the vein assays $45 ton, with nu-
merous richer seams that will run sew
eral hundred dollars a ton.
For several years rich float has been
found on this slope of Bare mountain,
and mining men and prospectors have
searched for it in vain until Mr.. Bond
took up the task, and after tracing the
float succeeded in opening the ledge by
surface trenching.
When he had located a number Of
claims Mr.. Bond let some of his friends
into the secret, and now the entire
country is being staked.
Goldfeld men we're among the first
to be notified of the find, and have got
in with some of the Beattyites who
were early on the scene. 1t is said that
every particle of the big ledge pans
gold freely, and some of the samples
are literally filed with gold.
Los Angeles herald., 1910-03-12
STANDARD DECIDES TO
BUY LAND NEAR GUSHER

BAKERSFIELD, March 11.-For-
tune still favors the Standard Oil COM
pany Section 80 at Midway, whereon
is the biggest gusher in the history of
Kern county oil fields, is to become
the property of the Standard for $780,
900, or $3.50 an acre. 1t is conceded the
big well has now made the property
worth five times that amount.
Several years ago j. w. Briscoe, p.
E. Jones, A. H. Lipscomb and j. M.
Holloway sold $40 acres on the section
to the Standard for $16O,0OO and one
eighth royalty. The development of
the property was slow and up to the
present time only $4,000 has been paid,
but inasmuch as the Standard paid
$50. 600 on it last week 1t is to be taken
that the Standard will not let such
good thing slip by
Luckily for the original owners, they
sold only GAO acres. and by the survey
they gave a strip of thirty-nine feet
wide and a mile long, next to section
25 which they can call their own.
They have placed rig on this strip.
Had the big -Four" been able to de-
velep the property at the time, as
there was no water the Standard
would not have come into possession
OF 1t.
Los Angeles herald., 1910-03-12
.PARSIFAL' is SUBJECT OF
LECTURE BY HEINDEL
Waqner's Method of Expressing Him.
self Through Music Is
Described

Max Heindel of Berlin, Germany de-
livered streopticon lecture at Blan-
chard hall last night upon Richard
Wagner's mystic music drama, Par
sifal." Introductory to his lecture ne
explained the meaning of music as re-
lated to the other arts-paintlng ana
sculpture-and described Wagners at
titude toward music and his method or
expressing himself in music. IN Wag-
ner we find a combination of the pow
ers of music and DRAMA" he said. lie
spoke at length of the motifs OF the
various works of Wagner, partlcularly
of the motifs of "Parsifal." To make
clear his description of the motifs or
the prelude to "ParsifaP' he employed
the assistance of pianist and Vlo-
linist.
Illustrating his remarks with lantern
slides, he related the story of the ora
ma and dwelt upon the character OF its
men and women. Following his story
of the drama he presented an inter-
probation of the meaning that Wagner
had in mind.
The lecture was one of a series OF
Monday and Friday evening addresses
that Mr.. Heindel is delivering at Blan-
chard hall on the Rosicrucian interpre-
tation of Christianity.
Los Angeles herald., 1910-03-12
BUILDING IN U. S. HALTED
BY SNOW; CALIFORNIA GAINS
Official Reports Show San Diego to
Have Increased Construc-
ton by 222 Per Cent

CHICAGO, March 11.-Cold weather
and heavy snowfalls checked building
operations in the principal cities of the
United States during February, accord
ing to official reports to the Construc-
ton News. Permits We're taken out in
fifty-five cities during the month for
the construction of 1910 buildings,
involving a total cost of S41, 1862, 244, as
compared with 1921 building, involv-
ing $50, 800, sos, for the corresponding
month year ago.
There were decreases in thirty-one
cities and increases in twenty-four.
San Diego, Cal, shows a gain of 232
per cent. Among those cities which
show a decrease Pueblo, Colo; Harris
burg, Pa; Worcester, Mass, and To-
ledo, Ohio, each are credited with more
than so per cent.
Los Angeles herald., 1910-03-12
OIL FEVER HITS
SAN DIEGO FOLK
TWO COMPANIES ORGANIZE TO
EXPLOIT COUNTRY
ABANDONED WELL WILL BE PUT
THROUGH TEST
Persons Interested Contend Old City
Lies on Strike of Great Oil
Strata of Pacific
Coast

SAN DIEGO, March 11.-There Is
reason to believe that at no distant day
San Diego will be the center of an OIL
producing district. For many years 1t
has been known that oil indications eX-
list both noRth and south of the CITY.
Some years ago a corporation known
MS the Monarch Oil company sunk q
we'll a few miles north of the city, ana
though getting some oil, did not ma
the fluid in paying quantities. Later
a well was sunk at Chula Vista TO a
depth of about 1900 feet, when opera.
lions were discontinued for lack OF
capital. The drill stopped in an oil
sand that gave excellent indications OF
oil, and experts believed all that was
necessary was to go few hundred
feet deeper.
For the purpose OF testing the be-
lief that oil abounds in the sand for
nations around Encinitas, strong
company has recently been formed by
we'll known oil operators of Los An
geles. The capital stock is $oOO,OOO,
and 1t is said the purpose of the incor-
porators is to bore for oil and not 10
sell stock. Holdings have been Sc
cured near the townsite of Encinitas
and drilling will begin Immediately
The organization is known as the Pan
ama-American Oil company, and the
stockholders are /. Mccoy. l.. r. Clark
and e. f. D. FLETCHER, all of whom
have had experience in the California
oil fields.
oil indications are said to exist in
the canyon leading from Encinitas to
Escondido.
Another Company VIII Drill
Another strong company known as
the Otay Oil company, and headed by
prominent business men Of San Diego,
has leased 1900 acres of oil land near
Otay. This company has started work
in earnest to develop oil, having pur-
chased one OF the latest improved
drilling rigs to be found. while a large
and comfortable clubhouse for the
drillers has been built.
George Magwood is the fiscal agent
of this company, and reports that
about half of the first block of 10000
shares that was placed on the market
has already been disposed Of and the
company is in q good financial con-
dition. Mr.. Magwood, who, by the
way, is an authority on oil matters,
having devoted many years to study
of the conditions under which 1t is
found, declares that there is indication
that San Diego is In the very center
of the largest and best oil belt on the
Pacific coast.
The Otay company has headquarters
in San Diego, while the Panama
American company has offices in Los
Angeles.
Still another company has recently
been organized and is getting ready to
sink we'll in Murphy's canyon, back
of the old Mission, northeast of San
Diego.
Los Angeles herald., 1910-03-12
PACIFIC SUNSET ENTERS
LOWER STRATUM OF SAND

BAKERSFIELD, March 11.-U. S.
Waugh of the Pacific Sunset Oil COM
pany, SECTION "a, 1924 has received a
telephone message from Il. b. Wilkin-
son, superintendent, telling of encoun-
tering the lower stratum of sand for
which drilling has been under way in
the No. well.
The strike was made at 1910 feet, and
according to Wilkinson the gas pres
sure is strong and he expects a big
well.
The company is producing from the
first sand in its first four wells at a
depth of 600 feet. The wells average
about fifty barrels. The lower sand,
however, is thought to be the pro-
life streak and larger producers are
looked for from this time on.
Los Angeles herald., 1910-03-12
UNITED NO. 2 BREAKS
LOOSE SECOND TIME

No . we'll of the United on company.
that came in at $3.50 o'clock Wednesday
night and shot a stream over the der
rick until after midnight, broke loose
again Thursday and flowed a solid
stream of oil for some time. No est1-
mate of its production has yet been
made, but from present indication this
well win be one of the big ones of the
Midway field, the management con-
tends.
No. we'll on this property is now
$50 feet deep and lumber has been
shipped for Nos. 5, 6, Z and s, and the
company announces that these wells
will be started soon as the material
arrives. The company has ordered six
additional rigs, making total OF
twenty, either active or to be con-
structed.
In a stockholders letter mailed yes
terday it says this company will soon
begin to pay dividends.
Los Angeles herald., 1910-03-12
LIVELY TIMES IN NEW YORK

With Connors fighting Murphy, with Mayor
Gaynor pursuing an independent course in
New York city, with the foes of Timothy
Woodruff trying to unhorse him for the state
craftsmanship and replace him with Representa-
tive Vreeland, with Hughes refusing to run
for him to help in the coming campaign with
Depew seeking another term in the senate and
no yet looming up who is likely to beat
him. with Collector William Loeb, jr. talked
of for the governorship and with Roosevelt due
to return home early next summer, it Is rea-
sonable to anticipate there will be lively times
in the Empire state for the next eight or ten
months,
Los Angeles herald., 1910-03-12
PROMINENT PERSONS
MAY LEASE LAND AND
DRILL AT C0ACHELLA

iCOACHELLA, March ia deal is
pending in Los Angeles which II 1t goes
through will mean much to the valley
It concerns lease by prominent people
of part of the Coachella townsite for
the purpose Of sinking test wen for
oil.
BY the terms Of the lease. IL made,
the Iessees win be bound TO complete
the well within sixty days from the
time work is started. The well will
probably be located near the south side
of the townsite land.
Los Angeles herald., 1910-03-12

Fl. Nash, secretary of the company.
Meals alleged populations are said to
range between $4,000 and $4,000, portions
of which he has been taken system
atically for over a year past.
Neal is 43 years old and has family
consisting of a wife and one child IN
tais ty. He was arrested by j. =,
Calludan, superintendent of the Morse
patrol, shortly after IL o'clock today
on Battery street in San Francisco.
Los Angeles herald., 1910-03-12
ARREST LUMBER COMPANY
CASHIER; CHARGE is THEFT

OAKLAND, March 11.-John e. Neal
formerly cashier of the Sunset Lumber
company, located at First and Madison
streets in this city, was arrested in
San francisco today on a charge Of
felony eipbezzlement, preferred by e.
Los Angeles herald., 1910-03-12
MINING QUOTATIONS
NEVADA STOCKS

Exclusive dispatch to The Herald by L. A.
criser & Co, members Los Angeles stock ex-
change, 0O-01 /. w. Hellman building, Los
Angeles
SAN FRANCISCO March n.-There was
very little of interest IN the market for mining
shares today Trading was light and prices
showed a tendency to sag. Florence was the
exception and was well supported, gaining 5
points Consolidated dropped 10 points, and
Jumbo Extension 2. The balance Of the Gold
field list remained unchanged.
The Tonopahs came In for their share Of the
trading. Belmont was up 8 points TO $2.0212,
the highest In many moons. For Tonopah
Mining sZ25 was bid. Montana was off
points and Tonopah Extension l.
Following were the closing quotations:
Los Angeles herald., 1910-03-12
PRICES OF METALS
IN NEW YORK MARKET

@ NEW YORK, March 11.---Lead easy; 8
8 spot. S4.55@465. Copper, steady; g
q standard spot, $12.S71z a 131219; May, @
8 $500 @13.O71@. Silver, 81 Lie. g
Los Angeles herald., 1910-03-12
SAN FRANCISCO. March 1l;-EollOwing were

Morning sales-500 Amaurot 10; 500 Now
Pennsylvania 49, 1000 do 81; 500 Blue Moon
"a; POO Palmer 1.SO; 400 do 1271s; 200 Republic
10; 100 do .72.
Los Angeles herald., 1910-03-12
BOSTON MINING STOCKS

Special service to The Herald by ]. c, WIZ
son, IL West Fifth street, Los Angeles.
BOSTON, March 1.-THE liquidation was APP
parent all through the list today. After the
continuous rise recently traders took their
profits. and there was little public interest
buyers were scarce. Local coppers showed one
to three points decline, but these were made
on very few sales, and the loss will be quickly
recovered when the market turns. Anal
gamated was tho weakest feature in the New
York market and had depressing effect on
the local coppers.
Los Angeles herald., 1910-03-12
NEW YORK CURB
NEW YORK, March
ll.-Followlng were the

Special service to The Herald by J. c. VIII
son, 212 West Fifth street. Los Angeles.
Los Angeles herald., 1910-03-12
SAN FRANCISCO OIL STOCKS

Service to The Los Angeles Herald by L. A.
C,risler & Co, members Los Angeles stock ex-
change. 20o-2ol 1. w. Hellman building Los
Angeles.
Los Angeles herald., 1910-03-12

You can buy It, perhaps at many places. but
there's one BEST place to buy it-and that
place advertisez.
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1910-12-31
RUMORS OF UPRlSiNGS
REACHING THE CAPITAL

Tegucigalpa. Honduras. Dec. So
rumors of political disturbances, real
and impending. continue to reach the
capital from outside points, but SO far
as the government and the public here
are aware they are baseless. Up to
today there has been DO revolution in
the country and there are no signs of
an uprising. There have been 10 as
sassinatio1s and no political imprison-
ments.
So far as known here the gunboat
Tatumbla has. not sailed from Puerto
Cortez to give battle to the steamer
Hornet, reported to have been con-
rerted into a revolutionary warship.
Congress WIN meet for its regular
session on Sunday. The preliminary
organization will be effected Satur-
day, according to custom. Nothing
out of the ordinary developed. The
city is quiet and Jssiuess is. progress
Ing as usual.
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1910-12-31
RECORDS ARE BROKEN
BY CANAL DfGGERS
By Associated Press.

Washington. Dec. 30.--Almost every
month the canal diggers on the 18TH
mus manage to break some engineer
ing record. December 6. a forty-fve
ton steam shovel made an extraord!-
nary record. Working at Gatun spill
way it excavated 2,44S cubic yards OF
earth in an eight-hour day the best
previous record being 1856 yards, Feb
ruaTy S. 1908.
The amount Of concrete being
placed in the locks and dams is also
rapidly increasing and in anticipation
Of the dry season, v hen this class Of
work can be done to the best advan-
tage, 500 barrels OF concrete per day.
IN addition to the regular quota, has
been ordered from the contractors in
the United States. Thus the amount
Of concrete consumed in this one en-
gineering work will reach the eXtraor-
dinary figures of 1000 barrels daily.