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The Indianapolis Journal in Indianapolis, Indiana

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This newspaper page contains 4 articles. Subscribers can read the full text of each article.

Newspaper

The Indianapolis Journal

Location

Indianapolis, Indiana, United States of America

Date

Dec 01, 1901

Page

13

Oil boom in California spurs rapid oil use and wary investments

The article details surging oil demand in California, rising prices due to transportation, and large players like Pacific Oil Company expanding in Kern and Sunset fields. It highlights a 30 barrel per day well, 120 acres, private refinery prospects, and a stock offering aimed at conservative investors while noting risks and the need for solid titles and seasoned management.

Fts San Francisco Southern Pacific Railroad Company Ths Los Angeles Oakland California Kern Feonty Wellington A. Townsend Indianapolis Ind Royal Sunset Oil Company Jewett & Blodget Oil Company Kern County Chas S. Maine Royal Sunset Oil Co Caroline Welte County of State of California The Pacific Oil Co East Los Angeles Times Pacific Oil Company Sunset Field Section 35 Township 12 Jewett, Blodgett & Beal Company Pitsburg Oil Company Monarch Oil I Pitansion Investigaa Treasury Texas Standard Oil Company Hogg Towne Southern Pacific Railroad Texas Oil Beaumont Santa Fe Southern Pacific Indiana Hawaiian Islands United States Manila

We Have a Good Company OFFICERS president C A Paquette

OFFICERS president C A Paquette President M M McCabe Counsel for Superintendent Big Four Railway Vice Big Four Railway Secretary and Treasurer A Townsend Traveling Freight Agent Peoria Eastern Railway DIRECTORS The above named and E M Elliott Vice President Diamond O Co William Bland Agent Peoria Western Railway Pekin Ill Leon Phipps practical oil man six years experience in California oil fields George Easton member of committee on sales and prices Los Angeles Producers Association

C.A Paquette M. McCabe Big Four Railway A. Townsend Peoria & Eastern Railway E. M. Elliott Diamond Oi Co William Bland Peoria_& Western Railway Pekin, Ill Leon Phipps California George Easton Los Angeles Producers’ Association

Oil Boom Across Indiana and West Big Fields

A long survey describes a nationwide oil boom driven by by products from oil distillation. It explains central fields in Indiana Ohio Pennsylvania and West Virginia, compares Texas and California by products and markets, and notes farmer land gains and pipe-line controls led by Standard Oil.

Indiana Ohio Pennsylvania West Virginia Beaumont Texas California Allso Marion Hartford City Kokomo Anderson Muncie Great Central Standard Oil Company Great Central Field

Oil and industry visions in Western states and navy use

The piece surveys oil development prospects in Indiana and Ohio, noting by products as profit drivers and investor caution. It cites fuel oil experiments for navy use, ship berths in San Francisco, and Western oils as a future riches. The text includes a lengthy poem reflecting gloomy weather and longing for spring.

California Navy Yard United States San Francisco Bay Pacific Ocean Ohio Indiana

Also Mentioned on This Page

Solomon Jewett Lieber S. A. Blodgett Kern Valley BAMI Bakersfield Cal Victoria Hotel Chicago Sunset District H. A. Blodgett Cashier Stevenson Sunset Baxersfield the Pacific Oil Co Narce of Ol] Co Caribou el Dorado Hanford Kern Ian Monarch Monte Cristo Peerless San Joaquin Sterling West Shore Occidental Seld Sh Ebe Rere Baeee As Stevenson Building O11 Indiana Oil Biz Ali Baba General Electric Pine Line Whiting Lima New Orleans Peru Blackford Delaware Miami Grant Jay Jasper Randolph Wabash Delaware County Lucas, Wood Auglaize Allen Tennessee Kentucky Ohio River Davy Crockett Joe Bailey Earth Hfe Margaret Manning Washington Ane Arriva Cleveland Anderson Union City Cleveland New York Bosto Fort Wayne Express Union Cty Boston Limited Bos “Knickerbocker Benton Harbor St. Louis St. Louis Southwestern Lim St Louis Limited Terre Haute & Mattoon Accor St. Louis Express I Isa Lafayette Chicake Fast Mail Cincinnati Cincinnati Express Greensburg N. Vernon Louisville Peoria Bloomington Champaign Springfield Columbus Lynn Arun City Daytons Detroit Express Dayton Toledo Detroit Louls. RY Bose Lake Erie & Wesstern K. I Michigan Jim Lafayte Laporte Indiana, Decatur & Western I’ Ooatur St. Co Mail Express Seapets Decatur & St. Louis Faste Philadelphia Altimore Louise Richmond Pique Vincennes Express Ind & Madison Martinsville Ina Vernon Madison Payton and Xenia Accorsport Marville Wradford Philadelph Baltimore Jmgton Spr Vincennes Loulteville Pitteb All Points Klimow Washington Streets Halcrean Maryland Silinoie Streets Muncié Alesandra Andersons Muneie Jeave
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