17 Dec 1906
Page 1
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Newspaper
The Daily Californian
Location
Bakersfield, California, United States of America
Date
Dec 17, 1906
Page
1
Rescue operations at Camp 1 press on as rock still shields miner Hicks ten feet away. The ground remains treacherous and timbering must be precise as the bore advances above Hicks to lift him from his granite tomb. Officials, engineers, and doctors stay focused amid grim scenes and stalled plant work.
Jesse Anderson a laborer aged 63 to 65 at Camp 4 of the Edison Electric Works drank at Democrat Springs saloon after being robbed of money by companions. In a intoxicated state he drew a revolver and killed himself. Coroner Mullins will hold an inquest at Democrat Spring. Miners are blasting into a rock entombed area with great effort.
Officials of the Associated Oil Company announce a new bond issue from treasury reserves totalling 1.5 million dollars. The issue has been underwritten by a syndicate of New York and San Francisco capitalists at 900 per 1000 share. The company also raised stock price from one dollar to one hundred dollars per share, exchanging stock with holders at that ratio amid a mining hazard narrative.
Colonel Spellacy doubts the Midway pipeline plan will proceed as producers in the region resist signing contracts at 25 cents for up to 6,000,000 barrels. He offers to sign for 2,000,000 barrels but others insist on 38 cents, amid a scene of industry talent and courage from the camp workers and officials as rescue efforts continue in the stony mountains. Milk continues on page eight.
Wickersham Co offers fully guaranteed mail orders for solid gold jewelry including diamond rings in Tiffany and Belcher settings priced from 12.50 to 300.00 and gold brooches, buttons, scarfs pins, signet rings, bracelets, and sterling items. Also features sterling silver ware, teaset sets, clocks, gift boxes, ink stands, books, and children's linen and Christmas stories with varying prices.
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