Those files are created whenever you drag a text selection to the Finder. The file size is always 0 bytes
. Apparently the data is stored in a resource fork.
I tried reading the resource fork[1], but get error code -39
(end of file).
Here some more details about the file:
$>xattr test.textClipping
com.apple.FinderInfo
com.apple.ResourceFork
Look up FSOpenFork and FSReadFork. (Apple has a code sample called AudioCDSample).
There'a also a command line tool that can read those files (/usr/bin/DeRez), you may want to look at it under GDB, but from what I've seen it uses deprecated APIs (i.e. FSRead in place of FSReadFork).