THE EUGENE WEEKLY GUAR WEDNESDAY. JUNE 29. 1910
TRUTH NUMBER 55
At the University this year, in or­
der to find what was being done by
the freshmen students in reading,
outside of school work, the English
department issued questions to the
142 students in the literary coures
and received the following results,
which have just been tabulated:
Of 142 freshmen 111 read the
Daily Oregonian more or less regular­
ly.
Of the weeklies, the following are
read by the numbers indicated: Sat­
urday Evening Post, 58; Outlook, 33;
Collier’s. 24; Harper's Weekly, 17;
Scientific American. 15; Literary Di­
gest, 16: Youth’s Companion. 9; In­
dependent. 4; Life, 2: Christian Her­
ald, 3; Nation. 1; Science, 1.
The monthly magazines receive !
the following^ote as the most read:
Ladies’ Home journal. 50; McClure's
Magazine. fO; Harper’s Monthly. 35;
Everybody’s. 34; Pacific Monthly,
26; Woman's Home Companion, 21;
Review of Reviews, 18; American
Magazine, 17; Scribner’s. 16; Cosmo­
politan, 13; Century. 11; World’s
Work. 11; Hampton’s. 7; Success.
Outing. 7; Munsey’s. 7: Atlantic.
World Today, 4; Country Life
America. 4.
The following is the number
books read by individual students
one year. The average number read
is 7.7. One read 45, 1 read 30. 1
read 29, 2 read 25. 1 read 23, 3 read
22. 8 read 1, 8 read none.
Under poetry the following authors
are most popular:
Tennyson. 13;
Shakespeare, 12; Omar. 5; Longfel­
low. 5; M
Arnold, 4; Field. 4;
Burns. 4; Browning. 4.
As writers of "prose fiction" the
following were most popular accord­
ing to vote: Wells. 26; Beach. 23;
Fox. 18; London. 13; Van Dyke. 11;
Dickens. 11; Myrtle Reed. 11; F. H.
Smith. 10; Kipling. 9; Mark Twain,
8; McCutcheon. 8; Churchill, 8;
Ward. 7.
When asked what autobiographies
had been read the lives of the follow­
ing were mentioned:
Benjamin
Franklin,, William Morris. Geo. Wil­
liams. Jim Jeffries (Sunday Orego­
nian). Queens of England. Napoleon,
Mark Twain, Schurz. Lincoln. Long­
fellow, Rossetti, The Raphaelites,
Holmes, Hawthorne. Riis, B.T. Wash­
ington, Henry VIII, Hamilton.
FIRST CAR ARRIVES
FOR SALEM ROAD
The first car to travel over the new
Welch road in this city was unloaded
yesterday from a flat car, having
been brought from Eugene, says the
Salem Statesman.
It will be in operation by the end
of the week, according to a state­
ment made yesterday by Monroe Ut­
terback, superintendent of the con­
struction work in this city.
The car is modern in every way
and will seat 40 persons. Others
will follow, and the city service will
be established shortly. Mr. Uter-
back, who nad charge of the con­
struction work on the city system
when it was owned by the Welch in-1
terests and later the work on the
Oregon Electric railway, will leave
Sunday for Eugene in order to re-'
turn with his family by July 4.
---------------- ------------
Pleasant Hill News
Special Correspondence.
Pleasant Hill, June 30.—The cool,'
cloudy weather we are having is not
ideal weather for haying, consequent-^
ly work progresses slowly.
The High school board has pur-,'
chased three acres of land from Dr.;
Pestol for a building site and;
grounds, and plans for a building
will be chosen in a few days.
Mr. and Mrs. John Grisley and two
children, who have been visiting rela-1
tires and friends here for a couple ot
weeks, returned Monday to their
home in Ashland.
M. E. Furrow has sold thirty acres
of land off the north side of his farm
to a Mr. Burer, of Eugene, who will
build there in the near future.
J. T. Callison, who has been very
sick, is somewhat Improved at pres­
ent writing.
Mrs. J. J. Handsaker and children,
ot Portland, are visiting relatives
here for a tew days.
Miss Ruby Baughman has been re­
elected to the position of teacher in!
district No. 1 for the ensuing year. |
The Clum Bros, have bought 98;
acrej of the well-known Linton farmj
and will build and move there this!
fall.
It is reported that only two repub-j
1’cans met for the scheduled precinct
assembly but that they did their duty]
bravely and elected themselves and
other as delegates to the county as-,
sembly.
County Surveyor Collier and view-'
ers yesterday laid out a much-needed!
road in the Edenvale district con­
necting the Mathews road with the'
county road at the old Jasper ferry
landing.
R. J. Hemphill has been suggested
as a candidate for county commis­
sioner at the coming election. Mr.
Hemphill has resided here for 25
years and is well known as an hon­
est, well Informed and broad minded
man who has made a success of his
own business and would undoubtedly
do the («me with the people’s busi-
BMt
—Regular.
Make Your Money Work For Yov
A WORLD MOVEMENT
The recognition of California Oil has started
a movement that is world-wide
It means that California Crude Oil
is going to outstrip in value every other industry on the Pacific Coast.
Cl
From the farihest States in the
■
Union, and from adroad, money is flowing in an ever-increasing stream to this investment--the one
investment where over-production is practically unknown
9
Those who axe not residents of
California and who are unfamiliar
with this state as an oil producer,
will certainly sit up and take notice
when they learn that English capi­
tal, the most conservative capital in
the world, has dozens of represent­
atives here and the investments they
make startle the public We win at­
tempt to give you herewith a few
news items, showing what is being
done.
Remember this, what is good for
foreign capital is good for us.
From the Los Angeles Examiner:
Evidence is increasing that the oil fields
of California, which are now the most pro­
ductive of any in the world, are attracting
the attention of not only Eastern but for­
eign capital as well, London and Paris in
particular.
While the California Oilfields Company,
with a capital of 31,000,000, and with the
greatest oil camp in the world, was the
pioneer British concern to seek investment
in the California fields, the transaction a
fortnight ago by which the Rothschilds in­
vested $2,500,000 In oil lands in the San
Joaquin valley, is regarded as a forerun­
ner of similar investments by other British
financiers.
Announcement is made that a leading
oil land broker is now in New York, com­
pleting a deal amounting to approximately
. .................. . while an offer of $4500 p.-r
acre for half a quarter section and which
was the top-notch price for Midway land,
was made during the past week by agents
a British syndicate. The offer, however,
refused.
T. A. O’Donnell, the well-known Los An­
geles oil producer, stated yesterday that
he knew positively of two orders coming
from Paris and one from London for the
purchase of proven or producing oil land,
and that he had heard reports of several
other orders.
One of the best known brokers of Los
Angeles has received instructions by cable
to secure more options, if possible, on a
large amount of proven or producing land,
with the assurance that practically unlim­
ited capital will be forthcoming.
An English woman of wealth, who has
been traveling through the United States,
Consolidated at Coalinga bought 200 acres
week and gave orders for a liberal invest­
ment in oil stocks.
From the California Oil Digest:
Three members of a powerful Birtlsh
syndicate with $10,000,000 to invest in the
oil fields of the San Joaquin valley, are
said to be traveling incognito nd to have
arrived at Bakersfield, an I though they
have not been .’ spotted'' nor as yet named,
there seems to be some truth In the report
hi connection with the sai- of the hold­
ings of the Imperial and Thirty-three Com­
panies and that of J. M. Keith and J. J.
Mack in the Kern rtvei field, for which
$2.500.000 was paid, and subscriptions
made in San Francisco to th»> stock of thia
syndicate on April 20. up to the hour of
closing of the foreign exchanges, amount­
ing to $0.000,000, acocrding to fan Fran­
cisco dispatches, which is to be followed at
once by the organixation of the K«rn River
Oilfields, limited, a deal consummated by
J. J. Mack when be went abroad recently
to London, where he was approached and
wired the offer of the London bankers.
Just note the enormous prices be­
ing paid for some lands in Coalinga:
From the Oil News:
British capital interested in the British
Consolidated at Catllnga bought 300 acres
belonging to the Gypsy Oil Company in 2 2
and 23. 32-33, Midway, which has four
wells producing about 500 barrels a day.
paying $1500 an acre, or $300,000, first
payment having been made.
Even Great Britain expects to use
oil as a fuel. As indicating the in­
tention of Great Britain in respect to
the use of fuel oil in her navy, the
following is noted from the London
Petroleum Review:
In the House of Commons last week,
Mr. Hugh Law. M. P . asked the First Lord
of the Admiralty whether it was the inten­
tion of the Admiralty to make a greater
use in future of oil fuel; has a large
quantity of such fuel been ordered: has
storage accommodations been provided at
the various depots, and has the Admiralty-
taken steps to secure an adequate supply
of oil fuel in the future from Independent
sources?
Mr. McKenna, in a written answer, says:
"The reply to the four questions asked Is
In the affirmative, but it is not in the pub­
lic Interest to furnish details of the ar­
rangements made or contemplated.”
The Coalinga Times tells about
one man who made his fortune in
Coalfncra oil, as follows:
Zed Phillips, the king of Section Six. Is
arranging to dispose of his belongings in
Coalinga and depart.
In a talk with a Times reporter this af­
ternoon the genial gentleman stated that
he Is perfecting arrangements whereby he
will, as soon as possible, dispose of his
residence, furniture and other movable pos­
sessions and leave the country.
It was four years last September when
Mr. Phelps alighted from the train In Coa­
linga. The gentleman was the possessor
of twenty-three slmoleons. The magic 23
did not disturb him. He was the proud
owner of a million dollars’ worth of grit
and nerve and energy, and with these as
his capital stock, he entered the game.
In a short time he began to amount to
something. He did things, and that was
what the people liked. Soon they began
to take notice, and then they sat up. and
they have been sitting up ever since, for
Zed Phelps has succeeded, and has sue-
ceeded beyond what he ever dreamed.
He told the Times that when he takes his
departu(e from Coalinga soon after th«-
first ot 1810 enters upon the cyclo of
years, he will be the posaesor of not less
than a quarter o< a million dollars. At
present it is bls Intention to take a short
vacation at San Francisco, and then go to
Old Mexico, where he will try the game
again."
The San Francisco Evening Post
has this to say about Coalinga:
The dividend statement for March rests
on the law ot suppry and demand. I be­
lieve the oil industry Is still In its Infancy,
ad that probably a new crop of million­
aires will be made. The extent of the
fields promises an Increased production but
the market demand la growing even faster
than the production.
The building up of improved oil fields
In this state has been accomplished after
years of effort and the expenditure of vast
sums.
1 believe that Coalinga Is probably, the
greatest of our oil fields, and ranks as pe-
haps the greatest In the world
At any
rate. It Is the greatest from the standpoint
field Is firmly established.
It Is stated by the United States Gelog-
Ical Survey that there are approximately
three billion barrels of oil In th« sands
underlying the Coalinga fields. Since this
statement was made considerable new terri­
tory has been proved. It is estimated that
at the present rate of drilling It will take
over 100 years to drill up the territory al­
ready proven.
At the present production of Coalinga
of 1.000,000 barrels a month. It would take
300 years to use all the supply, estimating
that It could be all reached by th« w»Ua
The above is only one of many
of production, and th« pertnanenry of th«
views which could be presented ot
you. Coalinga today is the most
wonderful oil field ever developed in
this country. Many arc the million­
aires being made by this one field.
Don’t you wish to be one ot them?
Of course that is very nearly impos­
sible, but you can make more money,
when you consider the amount in­
vested, than you ever made before or
will have of making again. How?
you ask.
Why, by investing your mone» in
the California National Crude Oil
Company, a company which owns
thousands of acres of land in this
wonderful Coalinga district. Wo be­
lieve this company will be one of the
largest oil producers in the state
within the next year. The dividends
should be large. Of course, it is ab­
solutely impossible to state the exact
amount, but we know this
Th. ;<■
are larger capitalized companies
than this operating on considerably
less ground, that are paying 2 per
cent a month on par. Can you fig­
ure out what our possibilities are?
They are bound to be enormous. The
stock is now selling at 80 cents per
share. There is no telling when the
price will rise. It has advanced 100
per cent within two months.
Now, don't you think it a good in­
vestment? Of course vou do. Fill
out the attache dsubscription blank
and mail today.
California National Crude Oil Co.
SUBSCRIPTION BLANK
I, W. HELLMAN BLDG, Los A.fcles Calif,,
Gcnt’cmcn:
Enclosed find.......................... ........
for which please issue me __________________
of the Treasury Stock of the above Corporation
Dollars
Shares
Name
Address
✓
California National Crude 01 Company
I. W. Hellman Building, Los Angles. California
Junction City Win» Again
Junction City, Or., June 2S.—Junc­
tion City defeated the fast Halsey
team here Sunday, 8 to 3. Junction
has now won seven out of eight
games. Albany was defeated, 6 to 5,
in a 12-lnntng game, and also the
Coburg Giants. 4 to 3, in 14 innings. I
Cnr«¡ (mlv anfhoriK»*!i v In-
•fit nt*
Writ* for Ulne-
711—11 ch
Portland. ore*««
I of New York, and a director of the
FINANCIAL SCARE
' Harriman Railway system, condense
i his opinions of the 61st congress and
OVER, SAYS SCHIFF the present financial and industrial
Portland, June 28.—"The soup Is
never eaten as hot as it is cooked."
Thus did Jacob Schiff, financial king
of Wall street, head of the great
banking firm of Kuhn, Loeb & Co.,
outlook, at the Union station last
night. His special train of two pri­
vate cars and a steel baggage car
stood in the train sheds for an hour
while the little man who does so
many big things leisurely walked up]
and down the tracks beside It.
“The railroads have found It
essary to cut down expenses,”
Mr. Schiff. " fearing adverse
Islatlon
and
not
knowin
just
what
to
expect,
But
I
be-
congress
will
let
lieve
the
I believe
railroads alone now.
there will be no more legislation for
a few years to come, and we will ad- ■
just ourselves to present conditions.
It will all come out right. The soup
Is never eaten as hot as It Is cooked.
Just remember—the soup Is never
eaten as hot as It Is cooked.”
Optimism His Keynote
_____________
... __
r________
___
As the financier
repeated
his _ mot-
aphorical philosophy, which contains
so much meaning and perhaps a sub-
tie warning ttiAt may serve as a guide
for radical legislators, ho smiled ns If
all the talk and acts of congress wore settled conditions for many years to
merely passing events. His views I come. The financial outlook Is very
good. I believe th« bond Issue of
were all optimistic.
"There is nothing to worry about," $25.000,0(H) of the Harriman system
continued Mr. Schiff. "The scare has been getting along nicely. »•*
will soon die out. The hesitancy In though I have not heard. You S'“'' *
business was due to apprehension, left New York before the subscrip­
shared in largely by the railroads, tions started. I have been In Yp'*
but It is all,over how, and I look for lowstone Park, and have not recei*’,,I
)»ny mall.”
«