oc-plain-dealer 1923-07-05
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S. O. GETS WELL AT HUNTINGTON BEACH
By Ellwood J. Munger
The biggest producer of the Huntington Beach field for the past week was completed by the Standard Oil Co. On the oJnes lease at Community No. 3 the Standard brot in No. 3 at 4556 a 1700 barrel well producing 27 gravity oil. On the A property the Standard's 15 now drilling at 4450 is scheduled for the next producer.
The Jameson Oil Co. added a 1000 bbl well to the Huntington Beach output with Block B-1 or production at a depth of 725 feet. The well is a nice one producing 24 gravity oil.
The Holly Oil Co. and the Holly Development Company brought in two small wells respectively with the completion to Turkey No. 3 and Holly No. 5. Turley No. 3 was completed at 4655 and is making between 6 and 8 hundred tarsels. Holly No. 5 finished at 4920 is doing 500 bbls of 20 gravity oil.
E. G. Lewis well failed to make much of a showing on a recent production test maed at 5192. Water prevented anything like a demonstration. The test seemed to show that bottom water was the cause of the trouble and necessitated a re cementing. Lewis has been trying hard to make a producer out of the General Petroleum's Community 1 and may make a success out of it yet.
At Montezello the H.-L. Whiston test well has stopped hole making at 3500 feet where a string of 11" was set and resented. The tallest oil derrick in the world has made a splendid record so far and the development of the Bicknell property will be watched with a lot of interest on account of the important hearing it will have on the old Montesello field.
At Richfield the Union Oil Co. completed a 125 barrel well on the Chapman property, No. 21 at 4500 feet. This has been the only completion in this quiet old field for several months.
The Baltimore Petroleum Co. raised the standard of new producs at Torrance with the completion of its
CONSERVATIVE INVESTORS
invest their money in safe, sound, conservative,
yet profitable securities. A large number have
and are now considering and investing in
MORELAND PREFERRED
This stock has a guaranteed earning capacity of 7% with possibilities of earning up to 12%.
SPLENDID BUSINESS
now being experienced by the company indicates
quarterly dividends. Regular
dividends have been paid investors in
Limited Amount Now Available
Orders now being taken subject to
over subscription
Value $10
Price $10
Terms if Defined
For Full Particulars Mail This To
MORELAND MOTOR TRUCK COMPANY
Securities Department, 2325 So. Main St., Los Angeles
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MILES ON PARADE," AS KIPLING WOULD SAY
setting the troop, followed by Swedish crown prince, Prince of Wales, Duke of York and Duke of Connaught.
at the Horse Guards parade, London, King George, accompanied by a retinue of princes, dukes and lords, inspected the troops. Hannibal chapensis are the striking part of the uniforms.
NEW YORK, July 5.—So great were the powers of the magnificent Sarah Bernhardt, even against death for so long, that one is almost ready to wonder if she might not have some control over the elements than selves, even now. At any rate, there was something of a sad little thrill for me when the motion picture film of the great Sarah were destroyed here the other day in a fire which burned out the laboratory where they were held. The reason for this thrill was that in accordance with her last wishes the films were also to be returned to France to be destroyed.
We are hoping to see here in New York next season, the drama "Robert E. Lee," which John Drinkwater has just produced in London. Critics say that the playwright done as well with this character he did in "Abraham Lincoln," a London has greeted it with enthusiasm. American national character seems to have a particular attraction for the English Mr. Drinkwater, who shows a remarkable sympathy their treatment.
Modern improvement! They peterate the farthermost goal. Other day I saw in the window of an antique shop an old chest—all ted out with a cunningly concealed radio apparatus!
One of the most beautiful as was most valuable exhibits of the year at the Metropolitan Museum of Art is the Loan Exhibition of the A. of the Italian Renaissance. It will continue throughout the summer order to afford our many summers.
ANCESTORS
In a recent magazine article Ellia Parker Butler pokes fun at certain American fancies in ancestor worship. Being a banker he naturally uses the bank as a setting for his comment. His primary showing that he cannot borrow $3,000 or even $50 because of having one to eight Mayflower ancestors seems to give simple indications that ancestors have no recognized standing in the money market or amongst hard headed business men.
Yet some of our most prominent scientists have repeatedly emphasized the statement that a man who would be successful must pick good ancestors. Since it is too late to pick them for himself the best that he can do is to help pick them for generations yet to come. Good human ancestors may not have commercial rating but they certainly do have high social, political, eco-
MODERN DRESS HIT BY BILLIE SUNDAY
COLUMBUS, Ohio, July 5.—"High society is so rowcown that it needs an airship to get to hell. The whole world needs the hose wash in God's bathhouse," shouted Billy Sunday, noted evangelist, addressing a local audience.
"Any fellow who can gaze upon one of the up-to-date janes and refrain from having a moral blowout ought to get a substantial pension," continued Sunday. "No one can tell me that a man can look upon a girl as she is dressed today with prayer-meeting thoughts in his mind. As I study the fashion plates I will tell you the moral of the age. No one can tell me that dress has no bearing on the morals of men and women. I like to see a person dressed neatly. A person can be modest and still be neat."
SEEK SILVER AT
Mayflower ancestors seem to give simple indications that ancestors have no recognized standing in the money market or amongst hard headed business men.
Yet some of our most prominent scientists have repeatedly emphasized the statement that a man who would be successful must pick good ancestors. Since it is too late to pick them for himself the best that he can do is to help pick them for generations yet to come. Good human ancestors may not have commercial rating but they certainly do have high social, political, economic and biological importance.
People who misuse their ancestors in the way held up to ridicule by Mr. Butler, the short-sighted, self-centered individuals who do not on the one hand understand what ancestors are really worth nor on the other hand have a proper sense of their own responsibility and obligations to their contemporaries.
A man who makes himself anxious because of pride in being eighth in "direct line of descent" from John Alden is really highly ridiculous because he ignores the possibility that his ancestors may have included in John Alden's generation one hundred and twenty-seven other individuals. Even if inter-marriage of various generations has reduced number, it is plain enough that honestly escape from that at least three million individuals of the John Alden generation have contributed to his blood. Including probably numbers of later generations shows that his lineage may actually trace through scores of lines just as direct as that from John Alden. At best John Alden has contributed but a very small fraction to his individuality and it may be that this fraction has been entirely submerged or destroyed by some contribution from a more recent ancestor.
What, then, is the significance of John Alden to a descendant seven generations removed? It is mainly this: that certain qualities (which in this case we consider valuable) were present in the ancestral stock at that time. Viewing John Alden alone, there is no evidence that the stock continued good. For that evidence we must examine individuals in succeeding generations.
Even if we confine ourselves to the direct line and find that all fathers down to John Alden VII show the same good qualities as John Alden I we still lack positive evidence that John Alden VIII possess those ancestral qualities. He must give that evidence himself. Failing to do so, any boast of his glorious ancestry merely emphasizes the disgrace of eight Mayflower ancestors seems to give simple indications that ancestors have no recognized standing in the money market or amongst hard headed business men.
One of the up-to-date janes and re-found from having a moral blowout ought to get a substantial pension," continued Sunday. "No one can tell me that a man can look upon a girl as she is dressed today with prayer-meeting thoughts in his mind. As I study the fashion plates I will tell you the moral of the age. No one can tell me that dress has no bearing on the morals of men and women. I like to see a person dressed neatly. A person can be modest and still be neat.
SEEK SILVER AT PANMINT AGAIN
TONOPAH, Nev., July 5.—In the heart of the Panmint range on the edge of Death Valley, Al Meyers, Tonopah mining man, has taken up a search for silver in the vicinity of the old Panmint Mine, made famous by United States Senator, William M. Stewart, who purchased it from bandits fifty years ago.
The veteran Senator on becoming owner of the property received a document guaranteeing immunity from depredations by the bullion bandits. The document became a scrap of paper soon after, and Stewart's consignments were selected as fast as they were shipped.
Stewart was in a rage. Then he hit on an idea.
Instead of running his bullion in bars he made it up into big round balls of such a size and weight that they could not be carried on a packhorse. The first trip out the stage was stopped a short distance from the mine, but after trying to load the bullion ball on a packhorse the ver was recovered by the owners.
Stewart signed another treaty with robbers had to let it roll down the hill. They left it there, and all the bandits later, which was not violated.
INDIANS CHARGE PENSION PRAUDS
(By International News Service)
RENO, Nev., July 5.—Old Indian wars will be fought all over again in the minds of old Nevadaans If Annie Joe Brown, Mionle Joe, Winnie Joe and Jim Washoe press their claims that they are descendants of Captain Joe, and prove that Captain Pete and Sarah Jim are imposters in collection of Federal funds through the allegation that they are descendants of Washoe Indians who assisted the whites during an early Plute uprising.
In a letter to Governor J. G. Schrugham, the four members of the Joe family ask for a copy of the record of the uprising. They claim this record will prove that Captain Pete and Sarah Jim have no family connections with the Indians who loaned guns and ammunition to the whites during the Plute trouble.
$100 Original
the investor to
Each share o bonus free to which will aver period of 5 years
The company has placed exit output. They have been years. The company is now worth of unfilled orders on
In addition to their regular ture a Junior Duesenberg clerk Mr. Duesenberg, the engineer Previous to entering the co
The Duesenberg car is be successful accomplishment the car can be stopped in "SAFETY FIRST" device
IT IS ONLY A QUESTION TO BE EQUIPTED WITH MOTORS CO., INC., OWN A
The Duesenberg car holds only American car that works and Italian cars.
The "Duesenberg Straight rides" lightness, power, speed
Anticipating this issue we are received.
$500 Original
the investor to
In 8 years $1,000 stock
Dividends on the original order to afford our many summ
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NEW YORK LETTER
By Lucy Jeanne Price
YORK, July 5.—So great powers of the magnificent harardt, even against death, that one is almost ready if she might not have control over the elements them now. At any rate, there nothing of a sad little thrill when the motion picture films beat Sarah were destroyed either day in a fire which held. The reason for the that in accordance with wishes the films were about turned to France to be de-hoping to see here in New York this season, the drama of J. Lee," which John Drinkwater just produced in London, by that the playwright has well with this character as "Abram Lincoln," and was greeted it with enthusiastic national characters have a particular attraction English Mr. Drinkwater, and a remarkable sympathy iniment.
improvemental They penne farthermost coal. The I saw in the window of an shop an old chest—all fit with a cunningly concealed caratus!
the most beautiful as well valuable exhibits of the year atropolitan Museum of Arts Exhibition of the Arts Italian Renaissance. It will throughout the summer afford our many summer ancestry and social position is one visitors an opportunity to visit it. Outside of the great national collections of Europe and the churches of Italy, nothing of the same quality is anywhere available to the student of art.
Only one piece of luggage out of a million checked over the railroads of this land is lost, according to W. F. McPhail, president of the Association of General Baggage Agents. Occasionally an old trunk or suitcase looks pretty delapidated by the time it is returned to its owner, but it does not disappear completely. "The railroads in the United States handle approximately 70,000,000 pieces of luggage a year," Mr. McPhail said. "A conservative estimate of the value of the average prices is $100, so that the total values comes to $70,000,-000 every year."
Bandits may have been more picturesque in Wild Western day of the stage coaches, but they did no bigger jobs than do our own local talent. When a string of bandits can hold up a big taff garage and hold fifty men at bay as they just did over on Avenue A the lover of adventure need not sigh for the "exciting days of old."
Some few women can pour tea amid all the frappings of luxury to an equally luxurious set of friends one day and the next day, so it with equal grace and enjoyment to a group of mixed nationalities down on the water front. But it would be too difficult an undertaking for most Mrs. Charles Rogers Scarborough, a New York woman of distinguished ancestry and social position is one
BANK RATE RAISED
(By International News Service)
LONDON, July 5.—The bank rate has been raised to 4 per cent, it was announced today.
None of the landscapes exhibited this spring seem convincing, as real art should. There isn't a billboard in the lot.
of the few. On every Wednesday afternoon Mrs. Scarborough serves tea and music and companionship to a hundred or more sailors, mostly in their shirt sleeves, down where Eleventh ave becomes a background for the docks and piers of trans-Atlantic steamers, in the rooms of the Port Society; Italian, French, British, and from every other part of the world, they gather there, and put many of their personal problems over into Mrs. Scarborough's hands, knowing that somehow they will be solved. For ten years, these teas have gone on, and never once has the stigma of "uglift" or condescension intruded upon them. At least a thousand men are among those who spend Wednesday afternoons there whenever they are in port.
Plain Dealer Ads Bring Results.
ANAHEIM BOOK STORE
Books and Stationery
228 E. Center St.
Phone 386 Anaheim
UNSOLD PORTION
$1,000,000
OF
3% Preferred Cumulative Stock
OF THE
Duesenberg Automobile & Motors Co.
(INCORPORATED)
Each share of preferred carries 1-2 share of Common stock as bonus free to each purchaser. Callable in five years at $115, which will average you 11 per cent on your investment over a period of 5 years.
The company has placed the above stock on the market for the purpose of increasing their pres-soutput. They have been manufacturing automobiles in commercial quantities for over two years. The company is now over eight months behind with its orders for cars and has $12,000,000 worth of unfulfilled orders on its books. Conjure for yourself the possibilities of this company.
In addition to their regular output of "Duesenberg Straight $" they are preparing to manufacture a Junior Duesenberg car with a "Straight $" engine, which will sell for approximately $2,000. Duesenberg, the engineer, is conceded to be the greatest automobile builder in the world today. To enter the commercial field he was a builder of racing cars for a period of 15 years.
The Duesenberg car is built with wonderful four-wheel hydraulic brakes, the most astonishingly successful accomplishment in automotive engineering since the inception of the industry, by which car can be stopped in practically its own length when driven at 30 miles per hour. This FETY FIRST" device is of inscalculable benefit. At higher speed its action is phenomenal.
IS ONLY A QUESTION OF TIME UNTIL EVERY CAR IN THE UNITED STATES WILL HAVE BE EQUIPPED WITH THREE HYDRAULIC BRAKES. THE DUESENBERG AUTO MOBILE & MOTORS CO., INC., OWN AND CONTROL, ALL PATENT RIGHTS OF THE HYDRAULIC BRAKE.
The Duesenberg car holds seventy world's records for speed, endurance and power, and is the only American car that won the Grand Prix at Le Mans, France, over English, French, German, Italian cars.
The "Duesenberg Straight $" combines in itself all the best features found in other motor cars—lightness, power, smoothness, easy riding, convenience and endurance beyond limit. Anticipating this issue will be oversubscribed, all orders will be filled in the order in which they received.
$500 Originally invested in the companies below has returned the investor to date:
Saxon Motor Co. returned 2 years...$ 6,000
Chandler Motor Co returned 3 years...17,500
Stuart Motor Co. returned 4 years...22,500
Chandler Motor Co. returned 8 yrs...17,500
Chevrolet Motor Co. returned 7 yrs...140,000
Paige Detroit...120,000
Overland...100,000
General Motors...130,000
Ford Motors...1,250,000
CHALMERS MOTOR COMPANY
In 8 years $1,000 stock grew to $16,566 stock and earned $9,297 cash dividends. Dividends on the original investment averaged 195.88 per cent per year in stock, and 116.21 per cent per year in cash.
the investor to date:
Sason Motor Co. returned 2 years...$ 6,000
Chandler Motor Co returned 3 years...17,500
Stutz Motor Co. returned 4 years...22,500
Chandler Motor Co. returned 5 yrs...17,500
Chevrolet Motor Co. returned 7 yrs...140,000
Palo Alto Detroit ...120,000
Overland ...100,000
General Motors ...120,000
Ford Motors ...1,250,000
CHALMERS MOTOR COMPANY
In 8 years $1,000 stock grew to $16,666 stock and earned $9,297 cash dividends.
Dividends on the original investment averaged 195.83 per cent per year in stock, and 116.21 per cent per year in cash.
HUPP MOTOR CAR COMPANY
The $40,000 stock holdings shown for 1915 were replaced by $120,000 stock in the new Hupp Motor Corporation formed the same year.
In 7 years $1,000 stock grew to $40,000 stock and earned $48,160 cash dividends.
Dividends on the original investment averaged 557.14 per cent per year in stock and 688 per cent per year in cash.
REO MOTOR COMPANY
The company in 1913, distributed to its stockholders $600,000 stock of the Reo Motor Truck Company, equal to 30 per cent dividend, a cash dividend of 7 per cent being paid on the stock of the Truck Company after this distribution.
Aside from this—in 3 years $1,000 stock grew to $12,000 stock and earned $12,850 cash dividends.
Dividends on the original investment averaged 84.61 per cent per year in stock and 98.84 per cent per year in cash.
FEDERAL MOTOR TRUCK COMPANY
In 6 years $1,000 stock grew to $30,000 stock and earned $12,180 cash dividends.
Dividends on the original investment averaged 146.66 per cent per year in stock and 59.33 per cent per year in cash.
STUTZ MOTOR CAR COMPANY OF INDIANA...
In 6 years $1,000 stock grew to $2,000 stock and earned $21,750 cash dividends.
Dividends on the original investment averaged 16.67 per cent per year in stock and 362.50 per cent per year in cash.
PAIGE-DETROIT MOTOR CAR COMPANY
In 3 years $1,000 stock grew to $5,400 stock, and earned $1,780 cash dividends.
Dividends on the original investment averaged 146.66 per cent per year in stock and 59.33 per cent per year in cash.
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