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Show EASTERN CAPITAL IN CALIFORNIA TIMBER Fully 10,000,000 Inyested la Timbered Tim-bered Lands of Thai Stat V. - In Pait Yean, 1 -yj SAN FRANCIHCO, April -24. Eastern East-ern capitalists are Investing largely' la Cullfornla timber lands. A well-known lumber man atatea that fully $10,000,000 has been paid during the last year for title to timber land in California, and that other tracts had been acquired by buying titles of homesteaders vbtttfr such a course was possible. -In addition to previous transact June, ' a Texas firm la reported to tnawa pur-chused pur-chused 30,000 acres of sugar pine land In Mendocino county for $.'00,000, and a Minnesota company la said to tx nero-ttatlng nero-ttatlng for tha transfer of about (O.OoO ucres of timber land In Sierra and l'lu-mas l'lu-mas counties, tha prtra being; In tha neighborhood of $1,000,000. |