Los Angeles herald., 1910-05-31
GIGANTIC DEALS IN
NEW ENTERPRISES
Cotton Gins for Imperial Valley
Towns-8OO,000 Ore
gon Acres Sold

Conservative estimates show that
about 10000 acres in the Imperial val
ley are now growing a fine crop of
cotton. Eighty growers in the valley
have signed up with the Imperial Val
ley Oil and Cotton company, pledging
their cotton seed for stocks on the
basis Of ton of seed a share. The
Imperial Valley Oil and Cotton COM
pany has decided to order machinery
at once for cotton gins at Brawley,
Imperial, Westmorelan, CaleXico, Holt
vile, lockwood and Mobile, and
for an enlarged plant at Ell Centro.
1t is expected the machinery will all
be on hand by the middle of August
and in time to handle the next crop in
the fall. Present plans are to establish
four-stand, seVenty-saw gins at Braw-
ley, FL Centre, Calexico and Holtville,
and two-stand gins at Imperial, Heber,
Mobile and lockwood. An eighty-ton
cotton seed oil mill will be erected of
brick or tile at Ell Centre. Total cost
Of buildings will be 100000.
NEW EUCALYPTUS BULLETIN
The state and federal forestry sorvico
will soon publish a bulletin on the
eucalyptus industry in California, both
past and present, and what the indica-
tions are for the future. The report.
which will be out in about four
months, will cover matter so thorough
ly that it will serve as a gilt edged
guarantee to the investor who is con-
fronted on every hand with PROPOSE
tions to spend his money on what ap-
pears to be great profit producers.
About $1,000 acres of land have been
planted to eucalyptus during the win
ter of 1909 and the spring of 1910.
More tracts will be planted each sea-
son. All desirable sites will be ex-
amined by the government experts,
so the truth will be known as to
whether the propositions offered to the
public are legitimate or otherwise.
Mail advices report that transfers
have been completed in New York by
means of which a st. Paul land cor
poration, which, with its $4,000, 900
capital, is said to be four times larger
than any other in the world, closed the
largest land deal ever made in Ameri-
ca, obtaining title to 800. 900 acres in
Central Oregon. The immense tract is
transferred entire and represents a
belt 800 miles in length and of varying
width, extending in a diagonal direc-
tion from Albany Ore, in the VIII
lamette valley, southeast to the Idaho
line at Ontario, at the head of the
Malheur valley To handle this i'm
onization company was formed, with
$12. 900, 900 capital. It's headquarters
will be in St Paul and the active man
agement will rest upon President w.
P. Davidson and Vice President John
f. Burchard.
PHILIPPINES UNDER NEW TARIFF
Trade of the United States with the
Philippines during the first eight
months of the new tariff law, which
permits interchange of practically all
articles free of duty. shows a marked
The total value of ex-
ports to the Philippines during the
period from August 1, 1909, to March
81, 1910, of which period all but the
first five days of August was under
the new tariff law. amounted to SILL
500 900, against 81 100000 in the corre-
spending period of the preceding year,
and the imports from the Philippines
in the same period amounted to $12,
25O 900 against $6,500,OO0 in the corre-
spending months of last year. the i'm
ports from those islands having prac-
tically doubled and the exports thereto
increased about Ga per cent when COM
pared with the corresponding period OF
last year.
The growth in imports occurs chiefly
in sugar, cigars, fruits and nuts, ma
Mia hemp and other nDerS, mats OF
straw or similar fiber, household eff
fects, manufactures of silk, manufac-
lures of wood and manufactures of
hbers. On the export side the in
crease occurs chiefly in manufactures
Of cotton, especially cotton cloth; man
ufactures of iron and steel, manufac-
lures of leather, manufactures of
wood, automobiles, chemicals, cordage,
electrical appliances, electrical ma
steel rails, firearms, iron
sheets and plates, boots and shoes.
harness and saddles, paints, paper
and manufactures thereof, soap, wines,
distilled spirits flour, meat and dairy
products, canned salmon, leaf tobacco.
oI1o4 tobapcO lumber and filrnit11ra