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News-Pilot du lieu suivant : San Pedro, California • 1

Publication:
News-Piloti
Lieu:
San Pedro, California
Date de parution:
Page:
1
Texte d’article extrait (OCR)

San Only Horae Paper 2c SAN PEDRO CALIFORNIA Monday Fvenintr March 19 1923 15th YEAR UNDER SAME MANAGEMENT First for San ARD HIT MANY FIRE THREATENS TO DESTROY SHIPYARD 'BRINGS fire HAVOC AND LOSS OF LIFE Output Now Reaches 600000 Barrels Daily astonishing increase in California oil output is with a number of big in" within the fortnight JL I Oil Egg Prices Soar as EasterMorning Egg Hunt Nears ENCOURAGES WORKERS TO OWN HOMES SAM SEELIG COLLECTOR IS ROBBED towiHmiHHMiHHmnmiimmnflmttflnmmmimmimimmmmitmiHfcjL Prepare to Hold) Your Real Estate llnvestiaentsl 5 The man who buys in San Pedro or Wilmington real estate today is making the best possible in-jtment he could pick if he makes his selection wsiiy There is nothing than pays better than real estate in a growing community Southern California is the most rapidly developing section of the country today and the entire harbor section will develope along with it becaue this is the gateway and as the population increases so will the commerce But there is wide difference between investments and speculation While real estate in the harbor district is certain to increase in value generally as the years go by and no one can lose money on it at present prices anywhere in the harbor district if he can hold it a note of warning now against too much speculation in certain sections may not be out of place San Pedro and Wilmington real estate compared with other sections in Southern California oJ equal population and opportunity generally speaking is low in price and is certain to increase in value byt in a speculative era such as we are experiencing today all over Southern California careful com parisons are not always made and prices have been paid in some cases for property that is all out of proportion to values in other sections of the harbor dis-) trict Purchasers who have the cash to pay for their property and can afford to hold it are certain to profit no matter in what part of the district they buy but those who buy on in the hope of quick profits should study market conditions carefully i Every growing community has it ups and down Periods of depression sooner or later overtake periods of speculation When buy- jjn slacks and property is hard to sell then is-when the law of com- parative values makes itself felt The inflated district is the first to feel the effects and' those who ve not the resources to hang on til prosperity returns may suffer GREAT LOSS BY BLAZE IN SEATTLE Works of Patterson and McDonald Suffer From Bad Fire I An the 1 recorded wells 1 past 1 1 California is now yielding I more than 600000 barrels of Shipping Board To Dispose of Thirteen Tankers WASHINGTON" March 19-Lsaie of thirteen tankers for a -total of $0 OOOoOO- was! exi ected to be approved by the Shipping Board this week Competitive bidding may send the piice above $45 a ton which is the selling rate heretofore held by the board Last week the Shipping Board withdrew its i 'tanker fleet feoni trie charter) market in order to force the pur- of idle vessels by private owners Baker Says Owner of 1 0u daiiv and most of this 1 1 Many Trains Lost As Home Has Stake in the PiIesTUp On I Oil pynnrts are crowing in rVctllrOclCi i T3CKS comes out of the earth near 1 1 1 1 San Pedro I Oil exports are growing in 1 volume daily and the tanker I tleet operating out of this port now numbers over 100 tankers 1 with more being added 1 It is significant that the With Easter less thantwof 1 weeks away the trend in egg 1 prices is upward according to I' 1 the announcement of whole- 1 salers here this morning The abnormally low scale on feggs which was prevalent re-1 Obtain RirVl ceutly has changed to a higher DandltS UDtain FUCIl 1 figure and amateur egg decora- Haul in Daring Day- tors will encounter stiffer prices t- 1 LI-IJ- by the time the Easter morning 1 1 noiciup 1 A week ago eirgs were quoted LCS ANGELES Match at 22 and 21 cents This morn-1 Three automobile bandits this 1 ing the market runs between morning held Up a Sam Setlig 1 20 and 29 cents per dozen Company collection agent at aj wholesale (Further strength-1 llSy comer at BoylstoH and lening is expected as EJster geaufjry streets obtaining bell ipproaches tweett $23000 and $30003 in a I They escaped after the rob-j beiy The agent Clarence Dale 'was making collections for Sam branch stores at the I time The bandit car forced his OIL MEN FIND ARMED GUARD CHICAGO March The entire country from the Rocky Mountains to the Alleghenies was in the grip of a blizzard today While considering the housing requirements of our harbor district from the viewpoint of property owners and civic organizations who recognize the urgent I sharp advance in tanker rates pour persons were killed in Colo- 1 from the California coast has result cf the storm I not I tL Kam plat 1 1 of oil irom this port to any i 8 paign and who awakening DEMBY AND PARTY-WATCH MANEUVERS auiiiniimmiHmiiiitmiitmum SEATTLE Wash March Fanned by a fresh sea breeze a fire broke out in tbe Patterson-MacDonaifi ship vard here at 5 a today The blaze in a short time had assumed menacing proportions Eight fire companies were fighting the flames and at 7:30 seemed to have it under partial control A traffic guard has been formed around the plant The fire originated in a vat of tar and oil which was being melted The fire soon spread to other parts of tbe shipyard The loss is expected to amount thousands of dollars to crop and the Oklahoma peach crop will he heavy experts said Wire communication was para- lyzed tne many sections Tele-! graph and ttlephone companies reported miles of wire down Passenger service on railroads was curtailed Freight embai-I gees were placed in eftect in sev-j eral sections Sub-zero temperatures were re- AT CEMETERY I this urge are beginning to take appreciable extent definite steps toward meeting the demand! our communities should nvirmiL? fUT-H (not lost sight of tbe further fan VI I I It I I that apart altogether from the 11 ltJLilJ i ordinary business anale of supply and demand every home oc- i cupied by a worker and his fami- ly makes for the contentment and i stability ol the community as a whole according to Fred Baker whose interest in this question has already resulted in LIGHTS WILL BE TURNED quconui ON three men carried a revolver andlGre3test Movement of the other a shotgun They ord Craft in Peace ercd Dale to get out of the caif 'and the bandit with the revolve-' lime Begins 1 covered him while the other rtfcf' ported throughout the entire west I Nebraska Wyoming Colorado I Wisconsin and Iowa advices de- Mam 1 horougnrare the stornl was the most Illuminated bv isevere in 25 years The gals t5e lliummaiea uy wm 8CC0mpanied by a heavy tall NeW Lights of s-now swept into mountainous Refatives of the Dead the satchel coutaining Dale was ordered to walk slofc members of the Congressional well founded home building cam-ay down the street in the oppo Jpy party which came here fromipaign direction while the bandits Washington on the Henderson I believe that all who have wesri Sixth street 3ecretary cf tlie Navy Denby and the launching of more than one BIG INCREASE IN PASSENGER RESERVATIONS caped on lost in the he scou drifts by the wind Sixth street will stand out as Two paK3enger trains on the to witness the war games were given any study to the living Al Llrr LnilnoLmol distributed among the ships of conditions of tlie big industrial will most i PONCA CITY Okla March 19 Armed guards patrolled the United The holdup tcok place so ly that scores of persons witff Brethren cemetery here today to prevent oil men from desecrating burial 250 ithe fleet so thev would miss no celters of tlis eountry the Great White of San Cnicag0 aud Northwestern were the neet heartily concur in the belief ex- Pedro when the new lights i reported st lied in the drifts near detail of the This applies to all sorts of speculation but less to real estate than gambling in oil stocks and other forms of hazardous risks that are taking out of San Pedro and Wit maneuvers pressed in one of the letters begin here tomorrow written by the late Franklin The most stupendous naval) Lane a member of ex-President morrow night in) cabinet who after 21 maneuvers ever undertaken stalled by Company will From Harbor tbe Blot relativos- ing lt had no time to At the same time the district With the news that vessels of court here was called on to de mington a large amount of money tbe pacific Mail Line between tide the issue between man each month that could more profitably be invested in real estate at home But even In real estate the i or call for help Seveial squads of an armored cars were this port Central American points saving for oil and money and out in the surrounding and New York have difficulty ac- the sanctity of the dead A good description of comhiodating the number of pas- The Knox oil Company their was tbe II Walker yoonei low a be turned in to porjy families scantily clad i when flames destroyed a large bouevard to Pact- apartm(jnt bulldiug here Damage flc avenue the street will be awag estinlated at Tannomicemeiu is a More than $25 00u aamage wa delays done to a business bmek in tht come one as it follows immetaes tjme wju transpire when) years of public service when re district' of sixty-eight ferring to the spirit of unrest tile bandits wil move down under their inky repre-and car obtained sni0ke-screen tq attack the fif- prevalent in this country irn- mediately following the close of man who buys should be prepared to face a temporary slow market sengers seeking reservations Bented interests seeking legal comes the announcement that the gancrj0u f0r erecting derricks and NEW RUMORS OF DEATH 1 teen battleships guarding the ci- nal zones Naval officials state that the problem as faced here tomorrow will have a great hearing on the future building policies of tue I United States Navy Great Bri-'tain and Japan have now a start-i ling adiantage in the number of i are soon be Nearly twenty years ago there was company is contemplating an en- digging oil in the cemetery a great speculative movement in San Pedro real estate in that section of town close to the outer harbor The movement followed the granting of the Miner Fill franchise Property was sold and resold at prices that were all out of proportion to possible rental values larged service to care for the the heart 0f the famous Midsituation Continental Tonkaw-a field Thomas James and Clay Hut- The oil men ciam they chison Pacific Mail officials a iease on the graveyard and stated this morning that ior i ready to begin operations as some months the passenger lists I ag tbe armed resistance can from this port have been larger Qygrcome than those out ot San Francisco To adequately handle the service The community committees relatives of the dead who IVo Authentic Reports 'the lighter craft in their marine i I i war formas Should the destroyer and btory Is Discredited war forces Should the destroyer torces succeed in their attack it will show the need of additions an extension is seriously contemplated and important announcements in this regard are looked for soon the world war said 'Ye want caused inability' of the coni- heart ol Omaha downtown sec pany to get prompt deliveries of tion when fire broke out during orders for fixtures caused it is the storm said by the fact that so many) Chicago was threatened with a communities are installing the i milk famine as dairymen found stieet lights manu- it impossible to bring their sup-business men of Ios Angeles 1 lecturing companies have been ply over impassable roads had the good rtune to -L rushed with orders for fixtures Tie storm swept out of the and to enjoy a considerable dm Pedians can congratulate i northwest causing temperatures with Hie late Becretaiv Lane on themselves on the new lighting to drop irom 20 to at) degrees in this very subject lie earnestly system for its niaiu thorough- a few hours explained to me his deep convic-! fare as iU represents the latest i Rockford 111 was practically tion of the importance to the type which is being installed in isolated by the storm nation of the encouragement of communities throughout the) No trains have bsn operated tlie provision of what he called 1 country over the Harbor Springs branch for workers I do) Contracts to install the new of the Pennsylvania railroad in not recall his exact words but lighting system on Sixth andineaily a week Teams carried the sense of his argument was! Seventh streets from Pacific to the mail over Little Traverse that a modest house surrounded Gaffey have been let and work Bay to Petoskey Mich by its ow'ii bit of land was the will start immediately cn the Milwaukee traffic was enow- greatest of all arguments toward erection ot the new standards bound by ten and twelve fo tjie creation in the minds and Contracts for Ninth Fourteenth 1 drifts Temperatures which were hearts of its oceuoants of a de-1 ami Palos Verdes streets will be the lowest of the winter were gree of self-respect and content-1 let next Monday and Une new reported irom many Missouri ment which makes ot all of us'tvpe ot lighting will soon be in- points The weather bureau prestalled on the principal sireets dieted freezing weather in the of this city I southeast and Atlantic coast states today The worst of the storm better citizens and better men W'omcn and childien I to the number of auvil-I iary vessels As announced here today plans I for the operations call for the departure tonight of the 1 destroyer fleet The battleships will steam out early in the morning to take up their patrol off Panama Bay The Henderson will give the signal for the action to login The will dart in punish the heavier craft and run for shelter are defending their claim with force maintain the lease of the oil people specifies the cemetery is hallowed ground i The little church yard like an oabis in the midst of a desert of derricks is the greatest pe-1 troleum producing area in Oklahoma has witnessed the erection of rigs closer and closer until now Its existence is threatened Several days ago oil men who Fire broke out at the home of I came to inspect the plot wer6 Mrs Lorand 637 Thirteenth thrown bodily from the church street early this morning but yard by the irate relatives who prompt work by the fire depart-1 patrol the graves I ment confined the blaze to onei WELL KNOWN MAN DEAD Origin of Fire Starts Probe HELSINGFORS Mar The -Russian war council was summoned today to consider important questions in connection with Premier illness according to dispatches from Moscow BERLIN Mar Reports that Premier Nikolai Lenin suffering from partial paralysis has sustained a critical nervous breakdown were abundant here today following the departure of Prof Strum pel I and doctors Bumke and Nonne famous Leipsig nerve specialists LONDON Mar The Russian home-owning worker has) a stake in the community He jealously watches its development and guards it against any ill ad-1 vised action on the part of who have nothing except the Mr and Mrs A Schmid of win pass within forty eight hours Bclloton Minnesota who have forccasters declared and will La been guests of Mr Schmid's followed by abnormally high brother Roy Schmid of 127 temperatures Mesa street for a fortnight leave tor their home tomorrow1 DENVER Colo March 19- TO LOAD OIL FROM BARGE San Francisco Mar 19 Bcrtelsen well known in California Masonic lodge activities was dead here today He was found in a gas filled room late yesterday and It is thought that the fire was of incendiary origin the discovery of papers which had kindled the flame leading to that supposition Police authorities have next meal at stake and therefore Tbev intend to return here next At least four persons are dead who are willing to sacrifice big make theirMiyme in San as a result of the terrific Dam- was believed to have committed trade delegation here in close started an investigation age was estimated at $600 1 suicide (Continued on page si touch with Moscow government failed to receive on Sunday the psxrrl irn Fvnorf Co eustnmarv bulletin regarding Pre- etrOleum LXpOrC C0 Asks Permission to Drive Piling Nearly twenty years have passed since this speculative movement and the Miner Fill is now to be developed on a large scale by the Outer Harbor Dock and Wharf Company which was organized by the men who secured the franchise Those who have held property in the south part of town all these years are now in a position to realize handsomely upon their investments But hundreds who were compelled to sacrifice lost money because when the boom collapsed it was found that property in other sections of town could be purchased much cheaper This is the reason that the section overlooking the outer harbor east of Pacific Avenue has been the slowest to develop Those who are buying property in San Pedro and Wilmington today should take warning from the experiences of others Property on one street cannot be sustained at prices all out of proportion to property on other streets in the same community with equal traffic advantages The acid test of real estate prices is the rental value Traffic conditions in a com-mcnity the size of San Pedro with such prospects for advancement are so subject to change that the man who pays four or five times as much for property today in one block as is asked for other property just around the corner or on some other street that with changed conditions may have an equal advantage is taking a jhance He may win but to take Ahis chance the buyer should be prepared to back his judgment through fat and lean years and hang oi until development and Improvements equalize and stabilize values Then he cannot lose for all property in San Pedro and Wilmington is certain to increase veer to bliz-Pedro sard which swept Colorado Satur- day according to reports here today The three small children of Mr and Mrs Allen Evans were found irozen to death in a small shanty near Pueblo after they had sought refuge from tlie slorm It is believed the children became lost on their way to school in the gale which causetl $100000 OIL COMPANIES ADD THREE TANKERS TO THEIR FLEETS LONDON March The expected death of Lenin is drawing sj0n to drive temporary piles Three more tankers have been leans on March 1 for Sagua la rovaiists to Paris where t)e (r0hb fllau-K! rf rie East purchased from the United States I Grande a COUp is said to be under dis- hen med at 1 through Baltimore down the At- ers wmi uru Shipping Board for service in tlie Several months ago the General oussion frand Dukes Cvril and I Basln Chan loaded at Baltimoie and unloaded States Engineer of- lantic coast through the Panama damage in Pueblo Four other persons are missing and it is teared they have perished Thos under tile present rates here at fleet of oil carriers operating Petroleum Company bought the Uimitri are said to be r-val daun-1 from this port The Warwick tankers HambrO now the Mojave ants f(Jr the throne of the Rom-1 Ilces 111 B0S Anseich-2628 net tons and the Derochi and the Hamer now the Ltbec from tlie United States Shipping Board Three Weeks ago the the United 7058 net tons have been sold to the Union Oil Company and till The Petroleum Exjo recently purchased the RIGA March Rumors that! of the wooden found frozen to death on the prairie near his While railroad freight rales bome Reed had driven to it is 1 now being taken by numerous as prescribed by the Interstate i Springs and on the return Canal up api)rc ximately $1 per one gau prancisco and thence to Utah 1 dred pounds one i Nevada am numerous Hammac of 4 248 net tons to the General Petroleum Company Prices paid for the vessels was not made public but it is' be Colo-and the Pacific coast to 1 hun-lH (junpanj Mesa emuenryvesscN Associated Oil Company bought Nicolai Lenine is dead were re- bun uring shipments of furniture and canned Commerce Commission are the tnp was forced to abandon his the tanker Bradford now enroute feived here today from Moscow for the purpose oi 'L goods same throughout the lountry the autoniobile because cf tlie blind here from the Standard Oil Com-'u was reponed the Soviet chiefs a loading barge that i ic pi a Uip nU)St part th0 ship-1 cargoes travel only about 60) sllow pany of New Jersey They alsoin Moscow were discussing Leu-! 1 Lf be 1 menu are being received at Balti- miles from Detroit to Baltimore) in's successor and were keeping gjx mollths The! moi irom Michigan en route to and 800 miles from this city to1 news of his death from the gen' Export" using Utah They travel about 60oo Salt Lake City Tins is about Watson A Is eral while they miles less than the direct over-j Total Loss tanker prices was shown in the i wante and Paul Shoup this year figures asked for their coastwise service The Warwick 2628 net tons is! The Union Oil Company bought on her way to this coast from I the Utacarbon and Cathwood from Baltimore where she was built in the United States Shipping Board several months ago and both vessels are now in service A sr plan 0 nil Ll 1 i i of iliu uroplr nf Not harae and load directly from of ihe wreck of FOUR BRITISH TANKERS HERE from tlie scene 1 This custom has been estab-1 ot the same mileage covered bv Pegg marine superintendent for Four British tankers in port Ludlow harbor engineer the Union Oil Company inspect-'in 24 hours is a new record stated this morning that he could pabtalwSiUamshlp companies are tlie main shipments being Island off Santa Barbara is not such shipments were sent by the! received at the Baltimore aeenc- breaking tip as previously reported the Watson A is great canned goods ran ashore on San Migael ed all of the tankers of the East for the harbor The San Caspar see no reason why the petition should not through in its 1921 She is 34 feet long forty-nine feet beam and twenty-eight feet deep The Derochi is 7058 in value as the years roll on and tons and was built in 1919 at we continue to grow whether we the Bethlehem Shipbuilding Corn- have periods of depression or not overland route Shippers have'ies but others not of a perish- and that her cargo of lumber is now learned that brisk competi-1 able nature also are being sent still in piaieand not strewing the i tion among the water lines lias out in smaller quant it ie- Nearlv ast I VilUa virtually in half every ship bound from Baltimore! The hull was insured but org came in here on her initial voy- go finni ppppiiipiipr vp- agc Sunday The San Fraterno original firm A memorandum which has called here bpfore the troni Ardery district eng-San Delis and tlie Calgarolite making their maiden calls here came in this afternoon from Bal-Company of boa to load oil for Central American ports vi1 -w the meer names Match 1 a- A last date upon which written objections based on navigations interests may be made to his plant in Alameda She is 425 feet long fifty-six feet beam and thirty-two feet deep The Hammac is 4248 net tons was built here in 1921 and is 425 feet long fifty-six feet beam and thirty-three feet deep The ear-1 insurance of approximately $r00(M and was placed in the San Francisco IN NEW HOMES Scott 35 West Fourteenth street from San Diego A McCoy 6C3 West Thirty-first street from Los Angeles and that appreciable amounts may tor the Paciue coast auu- 'be saved by the longer routes Investigation instigated by the adjacent states i goes for wholesalers in Utah market Hammac sailed from New Or- New Jersey.

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