Los Angeles herald., 1890-10-25
THE NICKEL MARKET
Stimulated By Recent Armor
Tests.
The Supply Inadequate for the
Navy's Demands.
Companies Organizing for Develop
ing American Mines.
Brazil's Compliments to the United States.
Millions for Pensions-Wash-
ington Notes.
Associated Press Dispatches.

ASHlNGTON, OcI. Zt.-AuulUlOudl re-
suits of the recent tests of armor plate
at Annapolis, are still coming to light.
The demonstration of the superiority of
nickel steel alloy and the immediate ap-
preparation by congress of 81 100000 for
the purchase of quantity of nickel
with which to alloy naval steel, has had
the effect of stimulating the nickel
market to an unusual degree. The
navy department had hardly begun to
enquire into the amount of nickel on
the results of the tests had been seized
1lnon abroad with remarkable celer-
ity, and that there was to
be keen competition in the market,
which was already noted for vigorous
and steady demand. In addition there
were rumors of corners" that were dis
comforting to the officials who expected
to get an adequate supply OF the metal
at fair prices. All Of the nickel used
here has been produced abroad, Canada
being the nearest source of supply.
From information coming in an unoffi-
cial way to the department, it appears
that there is probability that the metal
exists in this country in considerable
quantities. 1t is asserted that mines of
great value exist in Virginia, although
for obvious reasons persons making the
assertion refuse to definitely give their
locality. One company is organizing to
develop these mines, sothe navy depart
ment officials are hopeful that any con-
siderable enhancement of the market
price OF nickel will be met and counter
acted by an increased supply from do
mestic sources.
Sisters Acc orded SecIusion.
Archbishop Ireland, of st. Paul,
Minnesota, Bishop Stanley, of South
Dakota, and Bishop McGolrick. of Du-
luth, today had an interview with Sec
retary Noble and Acting Indian Commits
sloner Bell, upon the subject of Indian
schools in the northwest. They re-
quested that the sisters who had been
conducting st. Mary's and St. Johns
schools, for girls, on the Turtle noun
tain reservation, and who were en-
ployed as COVE rnment instructors when
those schools were discontinued by
Commissioner German, be permitted to
preserve their community seclusion.
Secretary Noble informed them that the
superintendent of Indian schools had
already been instructed to permit the
sisters to live apart from the other
teachers.
International Railway.
Ryan, minister to Mexico, telegraphs
that Leandro Hernandez has been ap-
pointed representative of the Mexican
government on the intercontinental rail-
road commission. and is now on his way
to the United States. 1t is understood
the Mexican government will appoint a
second commissioner at once. The secre-
tary of state is informed by dispatch
from the consul-general in Ecuador that
the government of that country endorses
the project for an intercontinen tai rail-
way, ,and will appoints commissioner and
contribute its share toward the expense.
Interesting Boiler Tests.
The engineering bureau OF the navy
department is about to undertake an
exhaustive set Of experiments upon the
boilers of the torpedo boat Cushing
This speedy boat is fitted with Thorney
Croft boilers, of English design, and it
is intended to ascertain their value as
compared with American tubular and
sectional boilers in points OF economy
efficiency and durability.
Silver Purchases
The amount of silver offered the treas
ury today was 1,050,00O ounces; the
amount purchased, 100000 ounces, at
$1.48. The director of the mint today
made the following announcement: No
tice is hereby given that the treasury
department having purchased over
100000 ounces OF silver during the
month, further purchases will be sus-
pended until the first Monday in No
vember.
BraziIs Compliments.
The department OF State is officially
advised of the departure for New York,
from Rio de Janerio on the Goth instant
of the Brazilian naval division, ordered
to return the compliments paid the
Brazilian flag by the United States
squadron in. July last, and bearing let
ter and medal for the president.
Locating Public Building.
Secretary Window, Attorney Genera
Miller and Postmaster General Wana
maker, who are specially charged by law
with selecting suitable site for a pub
lie building at San Francisco, had con
terence on the subject at the treasury
department this afternoon. The report
of the special agent of the treasury, anC
all other documents bearing on the sub
ject, were fully considered, but no con
clusiOn was reached.