Show LOCAL CAPITAL interested IN california OIL LANDS president james 11 peterson of the peterson bank returned thursday from salt lake city where he had been in the interest of 0 the holdings he and associates have in oil lands near los log angeles in immediate vicinity of large producing wells mr peterson reports that things aro are moving in the most satisfactory way his company organized a sales force to dispose of enough stock to commence drilling next spring and sales are progressing exceptionally well three local men J E heppler C M heppler and frank G martines artines Al left for the oil fields last week to convince themselves of the wonderful possibilities of the project |