Show INVESTS IN OIL TRAFFIC l J Plerpont Morgan Identifies Himself I Him-self With California Deal Bakcrallcld CaL Sept 27The Call fornlan will nay J Plcrjiont Morgan la about to Identify himself with the oil bus mess In California III company with wealthy associates On October 12th or a row days < later surveyors will bo put Into the held and will run linen 10 lh I ocean from tho CoalIng McKlUrlok Sunset Sun-set MUluy and Kern river llcUte to deter mlno by which route It IH moat feasible to transport I oil to tidewater The survcyn will run over the const rang at a mini I her of jiolnlfi amid will also co down tiro I San Jouquln valley parallel with the line of the Standard lne Upon tho data so patlrorcd will depend I wi cpmlI the location of the fnhercd A comparrv having a capitalization of tiOOCiroo has been organized for thltf pnrK > 100 thIs I money will be devoted to plrl ronrjtmctlon I of lInes pumping stations slornfjo tsrrikH and the lIke I Mr Morgan nrrd his associates have i alpo formed I separate comparrv capItal HCJlrte led I at fZjWiOOO halt of which sum will be Invested In proven ground and the other oth-er half turned Into a royiTve fund not to be drawn upon until needed In tIme further purchase of rr > nl estate 1 la I staled that the Morgan syndicate 3l lcto will bo prepared to handle OOI ha rnl ls the first yflnr of MB existence and will Increase In-crease that amount at the rate of a mil lon a year until the whole demand of the market Is mill The papers for the iriw York enterprise are now being drawn In New |