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About La Grande evening observer. (La Grande, Or.) 1904-1959 | View Entire Issue (May 21, 1910)
PACK Till r t ! 1 Li VI GHA1TDB EVEHHTQ OrSLT.VEU SATURDAY, MiY 21, 1U10. rn n : n;7! To) .n -ns) j'l'llwlp;1S'ii Th Oil TjJHOSE stockholders who have purchased stock and thoce who are about to purchase at : i 40c per share, are- about to realize 25 per 'cent on uieir investment already; asc'stdcfc U goes to 50 cents this coming week. And this isn't the first advance either. , There is no doubt in our minds that you will see this stock soaring way up in dollars soon, and when you do, we know you will wish that you had a larger block. We would advise all who can possibly do so to purchase before the end of the week and take advantage of the rise. For making big money, there is nothing In the Investment world today that will bear com qarlnon for a moment with the opportunities afforded by California oil stocks. Dozens and scores of these stocks are sell lag today for many times the prices at which they were originally placed on the market. In the advances of the past year many of them have yielded profits of several hundred per cent to investors. - In production and earnings the oil wells have -distanced the gold mines. Thousands of people enjoying a competence today owe their good fortune to moderate in vestments In California oIL By still other thousands the successes of the past will be duplicated during the present year. Now, don't be a pessimist and say that this Is Impossible. .Facts are facts, and if yon only take the trouble to look Into same, yon will find that this Is 'truyiyr: : ", The writer came across a beautiful article some time ago entitled "The Optimist versus the Pessimist." .Read It, It won't hurt you. .. THE OPTIMIST VERSUS THE PESSIMIST .'"The optimist lives under a clear sky, the pessimist lives in ,a fog. The , pessimist is confused; he hardly knows where to go, what to do or. how to act; the optimist is in tune with the harmonies of nature and discerns " : distinctly the onward path that lies before him. The pessimist hesitates and loses both time and opportunity; 'the optimist makes the best use of everything now, and builds himself up, steadily and surely, until all adversity is over come and the object In view realized.. The pes simist curbs his energies and concentrates his whole , attention - upon failure-, the optimist gives all his thought aid power to the attain- 1 ment of success, and arouBes his faculties and forces to the highest point of efficiency. The pessimist waits for better times, and expects ' to keep on waiting; the optimist goes to work with the beBt that is at hand now. and proceeds to create better times. .The optimist is an Inspiration to everybody; the pessimist is a wet blanket. The pessimist pours cold water on the fires of his own abil ity; the optimist adds fuel to those fires. The pessimist links his mind to everything that U losing ground; the optimist lives, thinks and !, ,. 1.'.; - California e Stock of the Calif Company advances per Share' works with everything that is determined to press on. The pessimist places a damper ta everything; the optimist gives lite, fire and go to everything. The pessimist repels every thing; the optimist attracts everything. ' The pessimist fights the wrong; the optimist works to increase the power 'of the right. The opti mist Is a building force; the pessimist is al ways an obstacle in the way of progress. The ppssimlBt lives In a dark, soggy,-unproductive world, the optimist lives in 'that mental sun shine that makes all things grow." Do you realize how true all this is? Don't you appreciate, that the optimist Is the suc cessful man? The optimist is the man who invests for he believes some good will come from such an investment, and as every real fortune that ever was made resulted from In vestment, it is optimism that makes success. The pessimist Is the man who looks with suspicion upon all investment opportunities, and while he Is hemming and hawing and fail ing to act, an optimist grasps the opportunity, makes his investment,' and gets his start In 'life. It required' a generous supply of optimism for men to go ahead and develop what is today the greatest wealth producer lu the world California Oil Lands but their optimism has , been repaid.: ' ;,':-,v -". ;..jw l,i:;"'-y:fi Allen G. Nichols, editor of the "Oil Indus try," gives a few pertinent facts in. a recent issue of one of the leading dally papers, and he writes regarding this wonderful Oil Indus try2 . . ' ' "Only a half-century old the oil industry In the United States has already exported more than $2,000,000,000 worth of the refined mate rial. In other words, in fifty years the total ; amount received for refined oil exported has been greater than the value of the entire pro duction of gold In the United States since Columbus discovered America.; Since 1866, the year in which sixty small casks were sent to ; France as an experimental shipment, ' the amount exported has beengreater in value than the production of gold in the entire world .for the same period. . Within the memory of living man the infant has grown to a giant in dustry , that gives employment to 70,000 men in the fields'and refineries, and whose annual , payroll amounts to millions of dollars. The spring pole rig used along Oil creek National Crude Oil Company I. W. Hellman Building, brnia National to 50 cento on May 28 has given place to modern machinery, oper- ated by carefully trained men. ' The ox trains that hauled oil in barrels over roads unworthy of the name have been replaced by thousands v tf miles of steel -pipe line, great trains of oil tanks and the modern oil carrying-ships, whose capacity in some cases is over 80,000 barrels. ; .Everything that coal has done for the east, . crude oil la doing for California, and since its general use, less than ten years ago, ways and means have been devised to use crude oil In California, the same as coa is used In other parts of the United States, and the public at large have shown their appreciation of its value by the adoption of crude oil wherever fuel Is needed. As a result of this a stream of gold la distributed in California to holders of California Oil .Company stocks, which amounts to many millions of'dollars per year. W. W. Orchutt, one of the most prominent : .consulted engineers and geologists in this country, in a recent report on a California Oil Company, had the following to say about Cal ifornia oil lands: , ' "There Is no place in the world where the oil measures are so amply and thoroughly sat-' urated as In California, " Thta makes California oil wells big producers and long-lived." He then goes on and cites Incidents where even on large acreage, such as 120 acresthe produc tion today has been as high as 90,000 barrels per acre, and the land still producing heavily, . The Investor with sufficient Judgment to see these great possibilities, and the optimism, which generates nerve to back this judgment, ; will be literally swept to fortune on this great flood of oil which flows through the proven fields of California. The optimism and courage of the pioneer oil men of California have made them millionaires. They , learned the truth of "that great saying: "One good Investment is worth a lifetime of labor.". What optimism Galifornia National Crude Oil Go. " f. IV. Hellman Bldg., Los Angeles, Caf. Gentlemen : Enclosed YindJ for which please issue me j of the Treasury Stock of the above , ,Name-, -'-. Address- Los Angeles, California Crude and oil have done for others they wll1 do fcr you, for really only the surface of the possi bilities of California , oil have been scraped. There are today numerous new companies Just starting to develop their land. in. which stock - can be bought at extremely low figures. With in two years we will undoubtedly find the stock of the great majority of these companies listed on the stock exchanges, mid paying the same kind of generous dividends that so many of the other companies are now. paying after ; perhaps only two years of operation. All this is possibly interesting reading, and we trust that truths given here will sink ueeyijr iiuu iiio ucaiio ui uui icuucio, auu iumi, . 1 , ... . 1 . . I- i I , mey win eiun uu mtj vuiuparauveiy cut) road to. making money by having the optim ism and courage to make Investment In some good California ol stock." SOW We have shown that you should be an op- . timlst, at least as far as California oil Is con cerned. Now, you being an optimist,, we will tell about one of the companies that will soon stand, If not at the head, at least very near the, head of the California Oil Producing com panies, and, that Is the California National Crude Oil Company. This Company' has pur- . chased thousands of acres of land In the Coal Inga Oil District, which Is recognized as the ' largest producing oil district in California. It Is selling stock for the development of the same. The par value of this stock is one dol lar, and the present purchase price is 40 cents. It is only a question of a short time until the stock will be selling at par. We advise the ' early purchase at 40 cents. " Remember this stodk goes to SO cents on the 28th of. May and not a share can be bought for less' after that date. Now, don't hesitate. Buy now, and do so quick. . Subscription' Blank '. i ' Dollars Shares' corporation. : '-r: r -V.;
