davidaulloa/AmericanStories huggingface dataset:
Los Angeles herald., 1910-03-07
THE AMBER HARVEST

The poor people who earn pre-
carious livelihood by gathering amber
on the shores of the Baltic sea work
only in the toughest weather. When
the wind blows in from the sea, as it
often does with terrific violence, the
boulders are tossed and tumbled at
the bottom, and great quantities of sea
wrack are washed up on the beach.
This is the harvest of the waders. for
hidden in the roots and branches of the
seaweed Jumps of the precious. gum
may be found.
In other parts of the coast divers go
crawling on the bottom of the sea for
the Jumps of amber hidden in seaWeed
and under rocks. 1t is believed that
once a great pine forest flourished here,
where the great pillows roll, and that
amber is the gum eXuded from the
trees, of which not a vestige remains.
The fields are very variable. The
largest piece known, weighing eighteen
pounds, is in the Royal Museum in
Berlin. The usual finds range from
Jumps as big as a mans head to par
ticles like grains of sand. The larger
pieces are found jammed in rocks or
in tangles of marine vegetation. Divers
work from four to five hours day in
all seasons, except when the sea is
blocked with ice. The work is so
arduous that they are bathed in per-
spiration even in the coldest weather.
For all their grinding toll the natives
are happy in their way and increase
and multiply as in more favored re-
gions of the earth.-Stockholm Times.
Los Angeles herald., 1910-03-07

property of the Netherlands Oil
company, with two fine producing
wells of 100 barrels per day each,
The Homestake Oil company, with
four producing wells, all good for
over 100 barrels each per day, and
one of their wells flowing at the
rate of over 25O barrels per day;
the Caledonian, with its wonderful
gusher, doing from 800 to 45O bar
rels Of oil per day.
Remember that these Homestake
wells and the Caledonian well are
only $50 feet deep, and yet they are
gushers, producing as much or more
than wells drilled in the deeper part
of the field from 25O0 to 5000 feet
deep.
The property being shallow, drill
ing is inexpensive, our wells cost
ing from $4,000 to $1,000 each, and re-
quiring from 30 to go days at the
outside to drill.
Now, as to the profits which may
be reasonably expected by the
Los Angeles herald., 1910-03-07
PITTSBURG MEN BUY
SAN CARLOS MINES

TUCSON, March 6.-By an impor-
gtant mining deal consummated late
Friday night Pittsburg capitalists are
now in control of important copper
holdings on the strip" near San Car
los. formerly held by the Copper
Reeves company.
While details of the transaction
have not been made public by the
fasteners, namely, Messrs. Kennedy,
Mcclure, Mcdonald, Eberman, Allies
and Siler, all of Pittsburg, it is under
stood that the property has been taken
over on a promotion basis and that 1t
Will be extensively developed within
a short time.
The property in question consists of
nearly 100 claims located about twelve
miles from San Carlos. The property
has been developed to some extent
by the original owners. Charles T.
Martin, J. p. Fault, VIII Parks, w. G.
Duncan and others of Globe, and the
work which has already been done has
shown the property to have great pos
sibilities.
A number of Pittsburg men have
left for the east, while others are still
in the city 1t is understood that a
new company will be organized within
short time to develop the property
and that ii will be only short time
until this work on a greatly enlarged
scale will begin.
Los Angeles herald., 1910-03-07
SALES OF PIG IRON
DECREASE RAPIDLY
DlSTRIBUTIVE CENTERS RE-
PORT LIGHT MARKET
Spasmodic Business in Finished Prod
uct, with Better Demand for
Rails and Bridge Steel Is
Recorded

NEW YORK, March 6.-There was a
sudden and sharp contraction in the
volume of business in pig iron in the
eastern district last week. With the
exception of Pittsbr :, all distributiye
centers reported light sales.
In the east 10000 tons of foundry
grades were sold, but in the central
west about 10000 tons were placed un-
der contract, includin- 10000 tons Of
bessemer, 5000 tons of basic and 10000
tons of foundry gra~es by steel works
and radiator and electrical equipment
manufacturers.
In finished steel products a larger
volume of orders has been placed, but
business has been spasmodic. The
most satisfactory branch has been
structural steel, both plain and fabri-
Gated. orders were received for the
latter during the last few days of
February in sufficient amounts to bring
up the tonnage for the month to 1O0,-
900 tons, and the prospect is that
March will be equally heavy.
In the last week railroads have put
out more inquiries for bridges, placing
orders for about 5000 tons, and receiV-
ing bids for 1900 tons additional.
Rail contracts ave aggregated $4,000
tons, including 10000 tons for Alaska.
Additional orders have been placed for
1900 cars and 112 locomotives, and spe-
cific inquiries have been made for TO-
600 cars and for 200 locomotives. Rail-
road and car shops have laced orders
for 5000 tons of plain structural Shapes
Los Angeles herald., 1910-03-07
ELDORADO CROWN
MILL IS FINISHED

SEARCHLIGHT, March 6.-After
twenty-eight days of strenuous hustl-
ing the whole crew of the Eldorado
Crown was bitterly disappointed at
not being able to have the new mill
in operation by the first of the month
But, unfortunately, when all else was
in readiness single belt was found
to be missing. This was ordered by
wire. and the mill will probably be
grinding away on ore this week
At the Copper camp, four miles north
of Nelson, Matt Sammons has a choice
group on which he is steadily doing
development work. He has opened a
number of good showings, one in par
ticular being seven feet of ore carry
ing values in copper, gold and silver.
Cook, Zook q Case are having ore
hauled to the Cyrus Noble mill for
treatment. The ore is of better grade
than any being extracted. and is be-
ing stopped from above the upper tun-
nell The shoot, at this near-surface
depth, appears to be about 20 feet
long and between three and four feet
wide.
Crowley and Mckay. leasing on the
Fourth of July, will be ready with a
third mill run about March 10. In
running tunnels they have done some
200 feet of work. The ore lies in small
cash veins and is Of a fine grade.
Los Angeles herald., 1910-03-07
News OF the Mines and Oil Fields
consolidation, but he made this state

consolidation, but he made this state
ment:
Substantially all the Comstock
mines, including the Ophir, Consoli-
dated Virginia, Mexican, Potosi, Chol-
lar, Excheqner, Bullion, Savage, Sierra
Nevada, Union and the Sturges group,
the yellow Jacket, Crown Point and
Belcher mines, will be included in the
readjustment to be proposed shortly
by a syndicate headed by Franklin
Leonard jr. of New York.
"This preliminary syndicate will rec
ommend plan to the shareholders OF
all the properties, giving every holder
an opportunity to join IL desired.
1.-THE syndicate controls the Com
stock tunnel property, which drains
and ventilates the Comstock mines,
Work on Large Scale
present work in the Ophir and
Mexican is on a large scale and the
deepest level attained is 2400 feet,
where an east drift is being extended
toward the ore body In each mine
from the bottom of the wings. It is
expected to cut the ore body in about
three weeks directly under the present
working slopes. The permanent inn
provements, new machinery and pump
ing. apparatus in the Comstock mines
represent a cash expenditure exceed
ing $1,500,000. In the old days it was
impossible to prospect lower with the
methods of that time, but now, with
modern pumps, electrical machinery
and modern appliances, much greater
depths can and will be worked and
made to yield handsome returns"
Los Angeles herald., 1910-03-07
NEW BOND ISSUES
FREELY CIRCULATED
CONFIDENCE IN INDUSTRIAL
ACTIVITY REVIVED
News of Crops Closely Watched by
Spectators, and Reports of
Damage Accepted with
Reserve

NEW YORK, Iarch 6.-The notable
feature of the financial markets of the
last week was the large number of
new bond issues sold to the great
banking houses and, by them, offered
for public subscription.
Reports of large orders for new
equipment from the railroads and de-
tails of extensive designs for improve
ments revived confidence in the main
tenance of industrial activity
The new bond issues were sold at
prices that show the necessity for at
tractive terms to enlist new capital.
The yield on highly secured bonds is
still much higher than the current in
terest rate on time loans.
Special efforts are made to secure
foreign subscriptions for the new bonds
and here again a low subscription price
is a necessary incident to success. The
sustained volume of merchandise inn
ports is not yet oVerbalanced by any
expansion of exports and foreign buy
ing of our securities seems to be the
only alternative to a substantial out
flow of gold from New York.
Speculative markets are keeping a
close eye on crop news. Reports per-
sist of large winter damage to wheat
in the southwest, but these are ac-
cepted with reserve. Estimates of the
large surplus of last years crop is a
modifying factor.
Reports of Improvement in. the steel
trade are supplemented by favorable
copper statistics. The decrease in the
March / visible supply of copper, the
first in many months, was given spe-
cial significance by the large exports
that have gone forward from this
country in the same period.
Demand for copper has been stimu-
lated among consumers
Curtailment amongst cotton mills
was general by reason of the high
Drice of cotton.
Los Angeles herald., 1910-03-07
MASSACHUSETTS, SOCIETY
TO REMEMBER EVACUATION
Anniversary of British Leaving Bos-
ton Will Be Commemorated with
Elaborate Program

The Massachusetts, State Society of
Los Angeles will celebrate Evacuation
day, March IA, with an extensive pro-
Irish in America" The affair will be
address by Bishop Conaty on 1.-THE
Irish in America" The affair will be
held in Mammoth hall, and it is eX-
peeted that many New Englanders will
attend, as the day is not observed by
any state but Massachusetts.
Evacuation day is celebrated in
memory of the British evacuation of
Boston. This occurred on March IL,
1875. when Lord Howe, then in COM
mand of the British forces, could not
stand the grilling fire from the Amer
lean forces intrenched on Dorchester
heights. The local society will cele-
brate the day on the 14th, however,
as it is their desire to have as many
Massachusetts people with them as
possible, and it was thought that pos
sibly some of the various st. Patrick's S
day affairs would make this impossible
should they hold their meeting then.
Los Angeles herald., 1910-03-07
EAGLE OIL STARTS
TEST HOLE DRILLING

KING CITY, March 6.-The Eagle
Oil company, promoted by oil land
expert, Joseph Eade, jr., owning $50
acres, lying one mile east of the Sa-
linas Oil company. has started on the
first of series of test holes that will
be put down about 100 feet. When
the drillers have succeeded in locat-
ing the dip of the oil bearing strata
rig will be set up and more serious
operations begun,
Mr.. Eade has been for years ac-
quiring title to the lands, says the
King City Rustler and has succeeded
now in enlsting large capital to ex-
plot them. He is imbued with a feel
ing amounting to absolute certainty
that the oil lies under him, and those
most familiar with conditions agree
that he is right.
He secured most of the land before
the excitement, and the companies
that are now working secured their
holdings as nearly adjacent to him as
possible.
Los Angeles herald., 1910-03-07

This company. viewed from an in
vestment standpoint, possesses sew
eral advantages. To begin with,
they own their land, having no roy
alties to pay, and to the experienced
investor this is a very considerable
item. Being Incorporated under the
laws of Arizona, this stock is alb
solutely worcestershire, and when
once paid for is yours for all time.
The capitalization of the company,
400, 900 shares, is extremely low, yet
sufficient so that the sale Of this
stock will realize ample funds to
pay for the property and carry out
all the work planned for the COM
pany, so that 1t is not necessary
in arranging this company to have
the stock assessable.
Los Angeles herald., 1910-03-07
COaIinga Crude Oil Go.

The property will accommodate
thirteen wells, and, although the
Caledonian is producing $50 barrels
per day, the two Homestake wells
over 200 barrels per day and the
Circle well 100 barrels per day, all
Of these being our immediate neigh
bors, let US figure this ultra-co
servatively and cut down our ex-
pectations to 50-barrel wells.
Thirteen 50-barrel wells would be
$50 barrels per day; figuring 20 days
to the month would mean 1880 bar
rels per month. Figure our cost of
production excessively high, at, say,
IL cents per barrel, would amount
to $2262 per month, leaving us near
ly $4,000 per month net, or nearly
$4,000 per year.
This amount would enable us to
pay per cent monthly dividends
on the par value of the stock, which
stock you can now purchase at less
than one-third of it's par value.
This is figured the most conserva-
tive way possible.
Los Angeles herald., 1910-03-07
COaIinga Crude Oil Go.

property consists of 20 acres in the
southeast corner of Section 26, TIP.
20 S., Range IA E, right in the heart
Of the proven Coalinga field.
The adjoining property on the
south has recently been purchased
by the American Oilfeld, Ltd, the
big s25, 100000 corporation organized
by Messrs. Doheny, Garfield, O'Don-
nell and other big, successful oil
men of the American Petroleum
company.
The adjoining property on the
east is the choice Section 25 Of the
Kern Trading and Oil company, the
operating company of the Southern
Pacific, which is regarded as their
choicest land in the Coalinga field.
At the southeast corner of this
property is Section 36, belonging to
the Associated Oil company, from
which they obtain the biggest pro-
duction in the Coalinga field.
Immediately north of us lies the
Los Angeles herald., 1910-03-07
COaIinqa Crude Oil Go.

is your opportunity to secure such
an interest as you can buy stock in
this company that is operating an
absolutely proven piece Of property
in Coalinga field at very low prices.
In order to enjoy all of the profits
which arise both from operations
of properties and appreciation Of
values, the time to buy stock in one
of these California oil companies is
when the company is first starting
operations, when the stock can be
secured at low prices, for then you
are in position to take advantage Of
the advances resulting from rapid
increase in price of the stock which
takes place as the development work
is carried on. The early investor in
practically all of the successful COM
panies in the Coalinga field made
money-yes, almost unbelievable
sums Of money from their early
investments. There are many cases
where stock is now selling at from
ten to one hundred times what 1t
cost the original investor, and in
fact such cases are too numerous to
mention here.
Los Angeles herald., 1910-03-07
COaIinga Crude Oil Go.

Has been listed on the Los An
geles Stock exchange and is now en-
joying considerable activity, prices are
advancing steadily as YOU can sec from
the daily quotations OF the stock ex-
change, and we look for an advance
from the present price around 26c to
zoe or soc per snare within a very short
time. We therefore earnestly recon-
mend the immediate purchase of this
stock at the present market prices. We
have tried in this advertisement to tell
you in a clear, conservative manner all
about this proposition. If we have made
it all clear to you we suggest that you
Immediately send to us an order, max
ing use of the subscription blank at the
lower right hand corner of this adver-
tisement for as much of this stock as
yeu can conveniently carry, or If you
prefer, send your order to your own
broker on the Los Angeles Stock ex-
change with instructions to buy at the
market. If you desire further informa-
tiOn make use of the coupon at the lower
left hand corner of this advertisements
and In this connection let us explain
that we can arrange matters so that
every one who answers this advertise
ment will receive each month for the
next six months, copy of the illustrated
monthly oil magazine, Securities" This
contains valuable information about the
oil industry in general. and will each
month contain a detailed report of the
progress on the COalinga Crude Oil com
pany's property. With prices steadily
advancing on this stock we suggest that
you act at once and secure your share
of this
Los Angeles herald., 1910-03-07
HAuLS $3.50 ORE

SEARCHLIGHT, New, March c.
Ore which will run $3.50 to the ton is
being hauled in from the Capitol at
Eldorado for shipment to the Needles.
This ore comes from old workings. In
the new tunnel, now in some 60 feet, a
good body OF ore has been encoun-
tered, which assays from $50 to $50 to
the ton.
Los Angeles herald., 1910-03-07
CANADIAN PACIFIC SHIPS
ROTARY DRILL TO MIDWAY

The Canadian Pacific Ltd, on the
northwest quarter of section 4-32-23,
has ordered a rotary rig. which was
shipped from Los Angeles Saturday
and will be installed at well No. l
Immediately upon it's arrival.
H. H. Blood, manager for the COM
pany, has been having trouble with
heaving sands and has decided that
the rotary is the only solution.
The well is down 900 feet with 12-
inch casing, and he will carry that
size to 1000 feet in the rotary hole.
where he expects to change over again
to cable tools and finish the we'll at
about 1880 with and 6-inch.
Los Angeles herald., 1910-03-07
BEST BUY IN OIL STOCKS.

Now with all this information be-
fore you does not this proposition
deserve early consideration at your
hands? We invite you to give it this
consideration and then join in with
US, and in this connection every
share Of stock was placed in the
treasury of the company, not one
single share having been issued for
promotion purposes or anything of
that sort. The organizers and Off
GERS of the company purchased and
paid for their stock exactly the same
as the outsider. The stock of the
Los Angeles herald., 1910-03-07

Probably every reader Of this ad-
vertisement realizes that today the
California oil industry is the great
est money maker in the world. Un-
questionably each reader would like
to secure his or her share of the tre-
mendous profits being made in this
industry. The only way that it is
possible. to get your share Of these
profits is to secure an interest in
some hrst-class company operating
in absolutely proven territory, and
preferably in the Coalinga oil field,
for we believe that this is not only
the greatest oil field in the state of
California, but probably in the
world. This offering Of stock in the
Los Angeles herald., 1910-03-07
WILL ERECT SHELTER

CHIHUAHUA. March 6.-The Com
pania Minera de Naica, the principal
company operating in the Naica dis
trict, Chihuahua, will increase its re-
serve fund from 100000 to 100000 pesos
and use the money in the erection of
its proposed 600-ton smelter at Con-
cho, a station on the main line of the
National railways.
The plans include total expenditure
of 1000 900 pesos. The company is pro-
ducing from 300 to 400 tons of ore a
day and shipping over 1000 tons a
month.
Los Angeles herald., 1910-03-07
FOR $4,000 an Acre

BAKERSFIELD, March 6.-Emmett
Graham has sold to Los Angeles per-
sons the east half of the southeast
quarter of the southeast quarter of sec
tion 25, 1928, for $4,000 an acre, $50, 900
for the property. The lands are among
the choicest in the field and are to be
developed at once
Los Angeles herald., 1910-03-07
NEW TEXAS FIELD

Ell PASO, Tex, March 6,-News of
great activities in a newly discovered
oil field at Toyah, Tex, hassjust come
to El Paso. 1t is reported that the
Producers Oil company has recently
acquired by purchase and lease great
tracts of land adjacent to its well, just
northwest of Toyah
Los Angeles herald., 1910-03-07

Stranger in Drearyhurst-You people
here don't clean the snow off your side
walks very well, do you?
Uncle Welby Gosh-No, sir. 1t saves
the sidewalks. an we b'lieve in con-
servin' our resources. See anything
else you don't like, mister?-Chicago
Trihune
Los Angeles herald., 1910-03-07
SPEAKERS URGE NEW SCHOOL

Prominent speakers are listed to
appear at the mass meeting to be
held tonight by residents of East Los
Angeles in the Methodist church, 1155
Ash street, to forward the movement
to secure for that section Of the city
high school, Judge Hammond,
Judge Noyes Rev. William Mason, G..
A. Cliff, Prof. Lawrence Handley and
]. W. Washburn are among the
speakers.
Los Angeles herald., 1910-03-07
COALINGA ACRES
SELL FOR $4,000
NEW COMPANY WILL DEVELOP
PURCHASED LAND
w. X. RECEIVES EXTENSION TO
STANDARD CONTRACT
Big Midway Wells Frighten Timld
Producers-income Enters Thir-
ty Feet of Oil Sand Instead
of ShaIe

COALINGA,s March 6.-W. II. Femme
man of the ]. It. Lucey company and
associates have purchased the south
west forty acres of section 8-20-15, be-
ing a part of the M. X. and 7. prop
erty. The price is said to be $1,000 an
acre. 1t is understood Mr.. Fenneman
has arranged for transferring the forty
aces to the Coalinga Security Oil COM
pany a new concern formed to operate
this land, which will begin development
at once.
Some time ago, shortly prior to the
bringing in of the big wells of high
gravity oil in Midway, the Standard
entered into a contract with the w. K.
Oil company, section 2, 20-15, to take
that company'S output at 65 cents a
barrel. The place in which the length
of the contract was to appear was left
blank for the w. K. people to decide
upon and fill in at pleasure. After due
consideration they decided and in
serted "one year" concluding that that
was as long as they cared to sell oil at
that figure.
When the big Midway wells came in,
1t is said, the officials of the W. K.
hastened to 461 Market street and re-
quested that the time be extended, that
the lone" they had inadvertently in
serted be erased and bigger figure
substituted. lue OldUQdTu, II is Sdlu,
permitted the two years" to be filled in.
The Coalinga Petroleum company,
section 14-20-14, is 700 feet deep on well
No. with the SH-inch casing. The
first oil sand was entered at 495 feet
This territory is about 800 feet to pay
sand; two distinct sands are found here
that are productive, and a third, or tar
sand, is frequently entered at a shall
low depth.
Income $50 Feet Deep
The Coalinga Income Oil company,
section 12-20-14, is $50 feet deep in we'll
No. l with SH-inch casing. Water was
shut off with ten-inch casing at 290
feet, and the first oil sand was struck
at 300 feet and was twenty-four feet
thick. o.
This company is operating at the ex-
treme edge OF the West Side field. The
formation has not checked up with the
rest of the field in this wel-When a
shale was looked for the drill went in
to twenty-four feet of oil sand The
company will drill for the second sand
and should finish up at about 500 feet.
The Coalinga Unity Oil company, Sec
tion 12-20-14, is 800 feet deep in we'll
No. with SA-inch casing, having
passed through the sand carrying the
heavy gas pressure that was encoun-
tered in well No. q The rig is built
Tor well No. and will be rugged up
this week.
The Zier Oil company, section 1-2O-14
is pumping fourteen wells at present.
This is part of Southern Pacific lease,
No. G-45, and an additional eighty-acre
lease granted to the Zier Oil company
In 1909. The production has been in
creased by latest methods of handling
the territory. The oil has gone to the
southern Pacific for the past year at
the market value, SO cents. The rail-
road now seeks to cut the price to so
cents.
Los Angeles herald., 1910-03-07
ouEER STORY

Bnl-Did you hear the story about the bot
tomless kettle?
Jill-No.
'It wouldn't hold water!"-Yonkers States
Los Angeles herald., 1910-03-07

Senator Rayner has come out in opposl-
tion to the postal savings bank This seems
to close the record as far as Rayner is con-
cerned. He is now opposed to everything.
Los Angeles herald., 1910-03-07

Established 1897. Bank References.
Office-Home Phone A3321.
Residence-Home Phone $685.