Newspapers / The Daily Journal (New … / June 5, 1910, edition 1 / Page 2
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r E II 1 ft NEW BERN DAILY JfflWMl Try way ta th w -r, Jaaxoal M&tak M-M u stbttbwb. AMD PROPRIETOR W-BS MA Monthly by caxi-Ur In tha city .! A?vrtllng rata furnlihed on ap- ouoai "Entered St th Maw Ban C. u second-claat matter. OFFICIAL PAPER OF NUW BERN AND CRAVEN COUNTY. New Bern, N. 0. June 5, 1910 ' 1 - T " '- ELIMINATION OF OOMPETI mnmmi 4 wotmidtitaw "! Iu this day competitive trans portation between water aud rail routes is practically eliminated. How this has been accomplished can be seen at any point, in any town or city whose merchants Once enjoyed this trade privilege of se lecting water of rail, as the trans porta ti on route by which to re ceive or ship their goods. The pro cess has been a simple one, the purchase and consolidation of boats and railroads, and either the ".withdrawal of all boats, or mak i'ng water or rail freight and pass enger rates the same. Senator Simmons seeing the dan " ger of railroads being stronger in some places than the boat lines in traduced an amendment to the railroad in Congress, ... "His amendment provides that "When application is made to the commission by a carrier to fix a lower rate for longer than for shor ter distances on account of water competition, . said application, shall not be granted if the com mission, after the investigation, shall find that the lower rate asked lor will destroy Water competiti 4 ' Explaining this amend . -nifatfr -Senator Simmons ' 'gave in stances in which railroad com pa nies had put down rates to drive : out boat lines and then with this result accomplished had increased -the rates again." ' The Charlotte Chronicle declares ' this has occurred at Fayette vilte in this State. In the case of New Bern there has been the absorp tion of all steamboat lines, the gradual withdrawal of boat after loat., until only rail transports - tion remained for the mercantile ' trade of this ei ty and section. The elimination of the competition of water and . rail routes has not as yet given New Bern trade inter ests something equally as good, as ' promised. Bates are higher, and the truck ing interests have suffer ed year after year, and this season has been so disastrous to shippers, that one shipper Las made the statement, that "next year not one hundred acres wonld be put in to truck around New Bern." Wa ter transportation gave this sec tion a chance to raise, ship and possibly make money on truck. The doing away with the water route finds the truck lag interests each year growing less, and this T year as a above stated shows filing for next Children Cry FOR FLETCHER'S CAJJTORIA Poiay'aKiSMsBWMdfl may ba givan I., rhitiren wUb adrairabU raaalta. It aolta. It aadlaaW doaa ary wife bad wait ao mooMMadM for bm and acarlat fafwT. B'lLIOUS.? CONSTIPATED? HEADACHE? for ti M SPEEDY RELIE 1 It M rr Nearly Evtrjjbod; urn imun i - TwNETY-riVE - Don't at anv "SSJr'Bl aT BBBJ BBBlBi wiwi w EVERYONE has some surplus cash at his command which would be invested if the right proposition were presented. The right proposition is California Oil. Never in the history of this country has anything profitable. To every class of people the urge of this investment is equally compelling To those of large means it will more safely conserve their ftinds, and insure their greater increase than any other investment. To the salaried man it is the goal which heretofore has retreated before him as he pleaded -on. To the wage-earner it is nothing less than economic salvation It is doubtful if soy age In history has ever presented the same remark able chances fur profitable Investment which the present age affords. All American industries are growing so rapidly that waste Is rampart, and yet, with all the waste which a piodl gal generation allows, success is the keynote of the age. The dozens of "self-made" men, 'kings of finance," "captains of industry" etc., mlllon aires all, whatever (hey are called, at tests that fact.' The majority of these men were born under humble roofs. But they bad the great power of "seeing big" looking for the big things, the In vestment that would treble itself, in crease itself a thousand fold, with the result that codsy they are "on top." These men were not 2 per cent men-, they were -not 4 per cent or 5 per cent men. They were 1000 per cent men, and they dared to use their own Judgment. The lateE. H Harriman is reported to have said that he was not a 10 per cent man. He wated an return on his Investment of as high as 1,000 per cent and no lower than 25 percent at the least. Instances of the kind could probably be related by tbe score; the writer knowing person ally of at least fifty men who have made fortune by judiciously invest ing in something which would pay "big," Tbe folly of placing bard earned mousy in a savings bank- to draw from to to tie per year on the dollar so placed, while the bank draw . anywhere from 2Sc to SS or si o from tbe use of tbat same orlgloal deposi tor's dollars, seems to me absolutely unmitigated. While It to true tbat there ts an advantage to be enjoyed from having your money where it can easily be drawn, it need, tbe writer cannot see why tbe Investor who makes three esnto on his dollar would not be J net as greatly benefited by having a good stock investment, man aged lor bin by a reliable financial agent, which could be disposed of In list your mm California National Crude Oil BKJHTH TOWNSHIP will ail at Uw sjatt BSH B Mr Barn dvrta th aoossofjna-v Hours, la SB ta 1 JO t fraa, tax asyan toaaJd to rstara a daa N tros roar ysarjflO. a drt raaJ aateta. raw IS10, all tt rJ iminMliata rs of thi( yjLwars as Ma ttjar Mis! rf taofS fqutra i umfcr taw asss aaT fmihm ,saoaa I by law i. A. PATTKUON. la-Mar Htalla Tm; Laa) Taswr ara4 aaa."ar "It wt4 tk Ufa ekial" .ra tk uhiiIibs ya Tba oary lar afV ciaT oftll ' trrlfilr, DaaW QaWBSBaM DaBnbiaaa Baaaaata 1 ""TTTBwawanawawwBaVaw-L :. r h u rate, lie down f a minute's time by the agent, and which would bring him today, In Cal ifornia, monthly returns in the shape of dividends of anywhere from l per cent per month, or 12 per cent yearly to 10 per cent per month, or ISO per cent yearly, with an increasing monthly value. ; California oil is the thing of the ' day and of the morrow. You read of it daily. Every one is watching it closely, and it would not be out of place to say that tbe importance, magnitude and interest, now eviden ced throughout the United States in California Crude Oil warrants at least a reference as to "whence it came." The origin of California Crude Oil has been tbe subject of tierce contro versy between theorists for a long time; the two contending factions claiming, one an inorganic origin, ex plaining that the substance is gene rated by the action of in til ter ing sur face water charged with carbonic acid ga upon the supposedly heated metal lic contents of the earth's interior; the other side claiming that it Is sim- . pie decomposed product of the Organ ic Remains of the.former seas and gulfs i. e. of marine animal and Vegetable life. The difficulty 'of deciding between these views is Increased by the fact (hat either is possible, In fact, one can manufacture California Crude Oil In the laboratory by eltheroftln.se methods. The argument of most weight to the lay mind against the organic theory to the undoubted enor mous quantities of organic matter necessary to give rise to t ie amount of California Crude Oil tbat has-been produced, not to mention tbe vast stores that yet remain untouched. In reality this argument has no weight whatever as the amount of organic debris to in almost ail shales; and other sedimentary strata is simply Incalculable, and although forcing a small percentage of (be whole de posit it to much more than sufficient to give rise to all the Crude on thai probably exists. I AS a matter of fact the defenders of tbe organic theory only clalnrthat a verv small proportion of the organic matter actually present in tbe rocks has been converted Into Crude Oil; and In general tbe facts that an be ing brought to light bear strongly In favor of the organic theory. A not- sr. I. W. Hellman Building, Los PILCH (TRIP AT ROHI BT KBW ABMimON irflOD If TOO ijffrr from BlavSInc ,ltch lac blla4 or protn4lB( 4aa aajat ast Tour aottras. anS I will tall yon Say Hm ! what are we go ing to do about saving our fruit thjs year? Well Dearie no nee to worry Bmnight Hdw C , hare them thu aes son an4 their "price it reason able, to jult phone 99 or go how to ear yoaraalf at Boom by tba ow abaorplloo traauttant; aaS will 4 aowU of thla bam (raat- for trial, wltb rafayaawaa wn kwwlltr If raqnMlMi rllf aM irmanfit cara nd no mnoy. but UlUHhf- ofar Wrtta twy lf Mr. Bos P. Notrs Dana m down and have pvnt, gallons. and It la Btala tall Ohildren Cry FOR FLETCHER'S CA8TORI A la bow to aaaka bra'f attrariir BBt rtUaataattk.Hla bard to bar la aw brrafy b) lie, rtrsry waaBBA wii tfSBS aa fflaajSa ara rmnt tahta. IMS Hwt (iwatlratkn anl kk h.v NUMBER and look at crush you flat. able"feature of California's Crude Oil deposits is that they occur in regions where the geology is more easily studied than in most parts of the wor'd. In many count ries the geology of the districts supposed to contain Crude Oil can only be determined bv the drill which is very severe upon the prospector, who must to a laige extent go it blindly. In California on the contrary, the careful student of format lor.s can get much help from visible evidences of structure in the rock formations and the capable' re ports and prognostications by the able and scholarly geologists employ ed by the larger companies and nota bly those of the U. 8. QeoldVical Sur vey are probably destined to cure much of the contempt entertained by the self-styled practical men for the opinion of geologists; for the opinion of said geologist given in connection with the immense storage of Califor nia Cruae Oil which they estimate by billions, not millions, U now an ac cepted fact, for California lias pro duced the millions, and is now trying to make a showing at the billions. In this connection, one of t he most noticeable matters in the evolution of the methods pursued for the produc tion or Crude Olfls the evolution of drilling methnds and drilling machin ery., The difference between drilling methods ten year ago and now might be compared to the the difference be tween the pick and the shovel and the steam shovel. The main shaft of the drilling rig was, in the old days, about three tnches In diameter. At present It Is six Inches, being four times as heavy and many times as strong, and the difference In weight strength and ef ficiency of the machinery and tools throughout Is in proportion. The weight of one large drilling bit, such as Is now used, is about as great as . theentlre4efool string of tools waS a few years ago and as a consequence it can conservatively be said that it is just as easy to drill a 4,000-foot hole now, as it was to drills l.800-foot hc.le a few years ago. The. skill of the miner of Crude Oil has kept pace i:h that of the ma chinery, and t he California driller to day Is tbe ','llitest" at the temper screw thatcxista In any field In the world. The great vsiktlon In the character of the formations drilled snd obstacle to be overcouied, haw ruit Jare. UARVCLOU8 DISCOVKRirs. mark lb woodarful proyraaa of tb at. Air flghta on haavy machinaa. tela grama wiihoot wirat, tarribai war la fpaBBBa to klU man, or wnadaw, Dr. Kiofa Naw biasov anrlo aava Ufa wan ihrawutwd v ro,h, eolty, bfrlppa. Mihrna, crawp br.ioeh.lia, hmorrhajr. hay favcr and whoopios cough or long trwibla. Tor all brrmrhtal aff-ctloti It haa no (ittl. Il rahaaaa matawtiy. Iia tba aurat eflVa Jstnaa M Black of Ahaili, N. C R R No 4 wrMwa It rurad him of an oUtinM. rough aftor all othar rwm .dtaafailao. SO., aawfl.00. A trial hot tla fraa. Ogarwatawd aw all drutrgtau. tee them, they quarts and half fa BwBUs ess srsaff at u "a tba SkftraMoa wf fsw) j kill, couch) I 1'iuni Bl iLfTsl afaSJaS9 1 form m umpr A - w . ba nar.w and lr . p'KOt alii au bhbbbiBm warn b I ' Mill gaaTBVai.BVmBl BlwS BBSi ASB B " - - g b) fSJBBBBJ. JblStobBB, akla rup trbt tWbBTBjatBtars prra a foaae4j da. Tbay ragnlata fttomach. i.rj a steam roller, bound to given the practical operator an educa tion not to be had elsewhere. The charactor of the pipe now used is also a fair index or the change in the use or material. Ten year ago 5j inch casing weighing about 10 pound per foot, was considered O. K.; today the the saoiejsized pipe weighs about double. The large sized, say 10 and 12-inch, weighs about 40 pounds per foot, and an English company used an 18-inch special which cost $7.50 per toot and weighed 100 pounds per foot. The facts are noteworthy in show ing the revolution in methods em ployed in securing Crude Oil from the earth. A few years ago, the mention of any such size or weight of material such as Is now used in California would have been considered ridicu lous. The Inevitable expansion of the Crude Oil industry in California is Just starting in and reports to the contrary, notwithstanding, it can be sarely said, that there never was enough produced in the state to war rant any Tear of over-production.' It was true that an Inland district without sucflUient capital to lay a pipe line to the seaboard, can sell to but a limited market. But now the scene is changed. For with the grid-ir.mlng of the state by pipe-lines all producing districts -or an ininort anc e have been put practical'y on tidewater, and udoii this and the other shoies of tne Pacific ocean are many people as anxious to buy Ciude Oil and its products as California producers are ti sell It. Calirornla Crude Oil is the thing of the day. Never bcfoie has the In vestor had the same opportunity of SUBSCRIPTION BLANK California National Crudk, Oil Co., I. W. Hellman Bldg.. Los Angles, Cal. Gentlemen: Enclosed find Dollars for which please issue me Shares or tne ireasury Stock of the above Corporation. Name Address j Angeles, Cal. CND1DA TE FOR COUNTY TREASURER. and that wondnr To tha Damocratk Votora of ( ravan Coonty: I bjSlwby most rcapactfully announc my eanrlktsry for tbo oftVe of Trranurv r Sf Oravon Coonty aubjvet to th will of ta PsssosraMc primary whrm-rwCi9B primary la bald. If hominatcd and sbKbad I ptadg myaatf to condwrt SB to tba aatkfactMvi ef tfcs paopia 1 boat of my ability. Moat Raipw lolly, & B Uurat THE CONSERVATION df NAT- ' ,VKE'S RESOURCES, Aajlll SS frail to aar I. K I. nallaari Book warn ina; bHaTS It B Ha taya: 'I gaffarH arrarvli . Jr from aisBwy- browbia, two family. I 'oar BotUaa af hai 'i K I. Bwd now ewasMsr myaalf receiving large if urns for money In vested as is oiTei. . ' . , , . ali fornia National Cnim- i u. innpmy. You will have to admit that you can make money by properly investing in oil companies. Now what you wish to know Is, "Is the California Natioi. al Crude Oil Company the right Company?" jt, S ,ej(1( ;l reasonable doubt. Thu company owns its own land and is managed by conservative business men. VVhi i, you consider the thousands oi acres this Company owns yon cannot help hut be convin ced nft he wort nines of your men tion and invest nienl . .Supposing we only bored one well to the acre, and I hat well pioduced only titty Lands per day, and the Oil sold for i, nlj lilt .v cents per day, which you will ha ye to admit is a very low average all around, just suppnsicg t his I he c isc. can you not foresee the enoiuioiis income (hat will he derived I'nan t lie invest inent. One acn; would net the Company twenty dollars per day. "allowing rive dollars lui running expenses." Five thousand wells would net. KiO,OUO per day, jaono.mw per month, MU.oOO 000 per year. Can't yon see the pos sibilities? It is so phenomenal that it hardly seems possible. Records will show lhal within the last 1 1 1 roe mini t lis one well in Califor nia lias prod ma d ovei one mill-on dol lars in oil. .1 nsi i lunk of ii , one well in less than three inonlhs has pro duced over one million dollars in oil. , Nt5,000 wells hut on.- well. Can't yon alTord to invest in a pion-isilion like this? The slock of ilnsConipany is selling at "0 cents per h.ire. There is no t one like the piesent Buy now, aixl take all that 'an atloid. Company HENRY'S PreacriiHions from s physicians, Otakkiy tad At- I curaffly filled. Alto a full lw. (A Qvoica toilet artJcles. d Pharmacy PBONH 178 pbiMal atwta hla mM CASTOR I A - - For Iafaats aa4 OMSbW diaaaa w haa lakaw mar Rtmxiv thorwasbll ll?wbr YO LwawawawawH . U t : . . f, icwn. inai mmm urn a warning 10 an, mm (oral Bwars tba
The Daily Journal (New Bern, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
June 5, 1910, edition 1
2
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