davidaulloa/AmericanStories huggingface dataset:
The Anaconda standard. [volume] (Anaconda, Mont.) 1889-1970, 1899-09-12
Silver Coin Scarce,

The demand for silver dollars and
fractional currency is very heavy. and
the minis are now coming at a rapid
rate. The orders received at the U. S.
treasury are said to average 900 a
day. The reason given for this in
creased demand is the greater activity
in business. making more money of
small denominations an urgent neces-
sity.
This is another illustra ton of the cor
rectness of the cumulative theory of
money. Suppose this money were not
to be had what would happen? One of
three things: First, some of the bust
ness must be left undone: or, second. it
must be transacted more largely upon
a credit basis; or, third, the prices
must fall in order to enable the lin
tied supply Of money to go around.
AS to the first, it may be said that
1t would not be left undone, because
people who have goods to sell must dis
pose of them if they can. and those
who need the goods must buy if posi-
BILE. Hence the second alternative,
namely, the extension of credit, would
present itself and be acted upon But
credit cannot be extended Indefinitely,
either as to time or amount. The day
of payment comes and if the money is
result. Then having an insufficiency of
both money and credit prices are bound
to fall unless a portion of the business
comes to standstill, which probably
would not be the case, at least not i'm
mediately. for the reasons already
given.
Suppose, for example. that at the
time of the break in the credit there is
certain quantity of wheat on the mar
ket ready for cash sale Call it a million
bushels. If there is a million dollars
in cash ready for investment in wheat,
it is plain that the grain may bring q
dollar a bushel But if there is only
half a million dollars so available
clearly if the wheat must be sold, it
cannot possibly bring more than fifty
cents bushel, for that is all the money
there is.
This principle holds good at all times
no matter how much credit may be en-
ployed. The more money there is the
more credit can be carried. But under
any circumstances there will always be
many cash transactions, and the cases
in which the money actually passes, fix
the prices in all Where the shortage
of money is merely in small change, the
effect would not be nearly so great as If
there is general insufficiencyi but the
The Anaconda standard. [volume] (Anaconda, Mont.) 1889-1970, 1899-09-12

The meeting was held for the purpose
OF considering the adoption of certain
amendments to the articles of incorpora-
tion. The plan was carried out as pro-
posed, and almost all of the capital stock
was represented and voted in favor of the
amendments.
The capital stock of the corporation
was reduced from the par value of s. a
was increased from 10000 to 100000. Out
OF the latter 100000 shares is to be di-
vided among the stockholders. and 600
are to be placed in the treasury for the
benefit of the corporation.
IAN amendment was adopted authoriz-
ing the company to do business outside
Of the state of Utah and to establish a
transfer office in Butte. Mont, where the
transfer books may be kept.
Those who came down from Butte
were Frank l.. Sizer. j. Burton Leggat
and William Thompson.
THE entire party went down to the
mine last night, where they will make an
inspection of the property.
Mr. Sizer was seen yesterday, and he
voiced the sentiments of his associates in
expressing the belief that the April Fool
will become as productive as the great
De Lamar mines will be, adjoining the
April Fool.
scale and the work of charging the mill
ing facilities will soon De under way.
MANY other improvements will be add
ed from time to time. and the machinery
for new hoist is being put in place.
The Anaconda standard. [volume] (Anaconda, Mont.) 1889-1970, 1899-09-12

The Engineering and Mining Journal
of Sept. 2 states through it's special
correspondence that the product of the
United Verde mines at Jerome will run
from 30,O00,O00 to 100000 pounds for
the present year; that the present daily
product is about 60 tons and that about
1000 men are employed at the mines
and smelters. There is some difference
between this statement and the ridc-
ulous flyers that have been going the
rounds concerning Mr.. Clark's income
from this mine. Allowing for the seal
ing Of prices that is the invariable GUS
tom at the mines, this copper can
scarcely bring more than Ia or Is cents,
making the gross value of the product
anywhere from 100000 to 100000,
and there is chance for some exag
Grafton even in these figures.
The Anaconda standard. [volume] (Anaconda, Mont.) 1889-1970, 1899-09-12
SILVER A LITTLE OFF
Exports of Copper-Calumet and Hecla
Observation-Disclosures for the
Week Not Real
ICED.
The MARKETS RANGE.

Butte. Sept. 11.-Current exports Of
copper from New York are So tons of fine.
Total exports from New York and Balti-
more last week were 2203 long tons of
fine. according to the New York metal
exchange, after allowing SIS per cent, fine
for the matte.
The Calumet & Hecla Mining company
has declared dividend of 500 per share,
payable Sept 20 to stockholders on rec
ord Sept. 6. With the $40 declared to-day,
which is the 112th dividend declared by
the company, total dividend dsburse-
ments will have aggregated 1853 $50, OOo To-
days dividend is the second of the fiscal
year beginning May l; $40 was declared
May 20 last The company paid $40 dur
ing the year ended April 30 1899 and $40
during the year ended April 3d. 1895
Copper stocks have been decidedly off
during the week. the greatest fall being
in the Boston & Montana. The following
figures show the range:
The Anaconda standard. [volume] (Anaconda, Mont.) 1889-1970, 1899-09-12
Rare and Precious Metals.

Following IS a list of rare and precious
metals, as prepared in the order of their
respective values per pound avoirdupois,
by the Journal of the Chemical and Metal
mrgicai Society of South Africa: Gallium
e14O00: vanadium, G2,2OO; rubidium
$4,000; thorium, Gl.7OO: glucinum. e1.2O0;
calcium, Gl,000; lanthanum. G1 600; lith-
ium, f1,0O0; indium, GSS5; tantalum, RSS5;
yttrium GSS5; ddymium. GSS5 strontium
$3.50; erbium, $40; ruthenium, ESQ; MO
blum, $500: rhodum. $780, barium, 94OO;
titanium, E220; chromium, G2l0: osmium,
G21O: uranium, 920O; palladium, Ellis;
tellurium X1OO; chromium. elOO; gold
G65; molybdenum. ESQ; platinum, ESQ;
thallium, G5; iridium, 92S: tungsten
81 los; potassium. &c: selenium, ga; sill
yer, e. Is. Cobalt, magnesium, bismuth.
sodium, aluminium, manganese, cadmium
arsenic and nickel follow in this order.
The Anaconda standard. [volume] (Anaconda, Mont.) 1889-1970, 1899-09-12
BIG MINING CONSOLIDATION.
Great California Mines to lie Brought
TOVether

Together.
One of the biggest sales of mining
property Is now pending We refer to
the consolidation of the Spring Hill
Con-, the Keystone and the South Key
stone, all located in Amador county,
California. These properties have in
the past produced 81, 500, 900 worth of
gold, and are not by any means worked
out yet. The purchase price is 81 500, 900
cash., making, without exception, the
largest cash sale made for a long while,
for the Stratton Independence sale was
not cash sale as it generally under
stood, but the mine was sold for S. OO0,-
600 worth of stock, and no cash what
ever was paid. This, however, is
strictly cash. The cause of the sale is
that there has been considerable fric-
ton between the owners of the three
properties, each alleging that the other
encroached on his side lines, ana legal
proceedings have been threatened This
sale will consolidate the different prop
critics, and avoid any question. The
Spring Hill Consolidated is owned in
Boston, and the others in California.
The prospective buyers are Boston capt
talists. The fact that these capitalists
are turning their attention to the
mother lode is cause for great graft
fication to Californians, who realize
that there is much need for outside
capital to assist in developing the lode
The Anaconda standard. [volume] (Anaconda, Mont.) 1889-1970, 1899-09-12
Copper Re filming.

From the Engineer and Mine.
Electrolytical copper refining in most
large establishments is conducted in
two ways-first by means of a copper
sulphate solution. Anodes are made
from copper plates, carefully freed from
anthony, arsenic and bismuth. The
catholics are formed by coating sheets
of rolled copper with graphite, the de-
posting tanks are of wood lined with
thick sheet lead. When the current is
switched on the solution decomposes
and pure copper is deposited in thin
films on the catholics. Any gold, silver,
platinum, bismuth, tin antimony, arse
mic, lead, Stag, etc, which went into So
luton with the copper, and some small
quantities of metallic copper, are pre-
cipitated at the bottom of the watts in
the form of a thin, Shiny mud. The
second process utiliZes chloride solu-
tons. This method Is sometimes ap-
piled to raw ores The ore, after being
calcined, is finely pulverized by dry
crushing, and charged with the leach
ing solution in large, revolving wooden
watts, and rotated for several hours. The
cupric chloride is then reduced to Gu
prous chloride, and run into tanks form
ed of wood and containing carbon an
odes, which are separated from the
catholics by diaphragms, and electro
lyZed. The spent liquor is filtered, and
contains a considerable quantity OF
cupric chloride and hydrochoric acid,
which is used again for dissolving cop
per from the ore.
The Anaconda standard. [volume] (Anaconda, Mont.) 1889-1970, 1899-09-12

The Spokesman-Review Quarterly
comes to our desk in the form of an
elegant quarto magazine. 1t is print
ed on fine glossy paper. is handsomely
bound and profusely illustrated. 1t COW
ers the field of Eastern Washington,
Northern Idaho and British Columbia
very fully. Naturally enough and prop
erly enough, it devotes some space to
the thriving city of Spokane, but other
wise 1t is filled from cover to cover
with interesting and instructive details
concerning the districts named and
their leading properties. The mining
industry throughout this western re-
gion certainly is receiving full atten-
ton at the hands of the press, and the
Spokesman-Revew is doing it's full
share
The Anaconda standard. [volume] (Anaconda, Mont.) 1889-1970, 1899-09-12

The Breckenridge Journal says that
the old silver-lead town of Montezuma,
that has been virtually dead for the
last six years, is now attracting much
attention, and is coming in for goodly
share in the mining revival. The panic
of 1893 just about laid the town out.
There is nothing in the present price
of silver that is very encouraging, but
the ores of the district contain values
in lead and zinc that, with somewhat
better prices and improved processes.
will help out greatly. 1t is the same
old story. Silver mining pure and SIM
pie will not pay except under pecu-
liarly favorable circumstances There
must be by-product of good value or
generally speaking, the mine must
plnSa
The Anaconda standard. [volume] (Anaconda, Mont.) 1889-1970, 1899-09-12
Importance of Mining.

The Mining and Metallurgical Journal
of Los Angeles, editorially expresses
the opinion that next to agriculture
mining is the most important of modern
industries. There is no doubt that this
is true. Both agriculture and mining
are basic industries, and stand as the
been said of the Importance of manufac-
turing and commerce, and no one will
attempt to derogate from either; but
at the same time they are secondary
and dependent.
Let farming and mining cease for a
The Anaconda standard. [volume] (Anaconda, Mont.) 1889-1970, 1899-09-12
Mining Display.

The indications are that the mining
exhibit at the Idaho 1ntermountain fair
at Boise. September % to 80, will be
vrey interesting. This year the mining
industry has attracted much more at
tention in the state than ever before;
many new districts have been discov-
cred, and the states mining interests
are drawing more capital for their de-
velopment than at any former time. "A
great many visitors will attend the fair,
especially to see what information they
can CLEAN there respecting the mining
sections. The owners of property In
many sections understand this, and they
have indicated their intention of taking
fine exhibits of the ores of their prop
critics. Silver City people are talking of
making a display of gold ores that has
never been eXcelled, and from the Seven
Devils it is expected that a magnificent
exhibit will be sent. 1t IL hoped that
every district will be well represented,
so that none shall miss the benefit of
making visitors familiar with the ma
ture of the ores. Mining is one of the
leading industries of the state, and II
should be very prominently in evidence
on such an occasion.
The Anaconda standard. [volume] (Anaconda, Mont.) 1889-1970, 1899-09-12

A new mining exchange to be known
as the Colorado Springs Brokers asso-
citation has been formed at Colorado
Springs, Col. 1t has purchased the
Durkee building, said to be one of the
finest and best located business blocks
in that city, being very near its bust
ness center. 1t has been put into shape
for temporary business purposes and
the first call was expected to be made
yesterday. In its permanent arrange
ment it is intended that the building
shall be a model one in every respect
The Anaconda standard. [volume] (Anaconda, Mont.) 1889-1970, 1899-09-12
He Remembered 1t.

From Tit-Bits.
Johnson-Were you at the concert,
Jones?
Jones-Yes, part of the time.
Johnson-Did you hear me sing 1.-THE
Wolff"
Jones-"The Wolff How did 1t go?
johnson (singing)-"While the wolf
in nightly prowl. bays the moon with
hideous how-w-w-l."
Jones-Oh, yes; I remember the hide
Gus howl!
The Anaconda standard. [volume] (Anaconda, Mont.) 1889-1970, 1899-09-12

effect would be in an exact ratio with
their relative Importance.
This principle lies at the bottom Of
the whole monetary question.
The Anaconda standard. [volume] (Anaconda, Mont.) 1889-1970, 1899-09-12
The April Fool.

The April Fool mine at De Lamar, New,
recently purchased by Butte parties, is at
tracing considerable attention in Utah.
A stockholders meeting was held a few
days ago in Salt Lake Cay, of which the
Herald says:
The Anaconda standard. [volume] (Anaconda, Mont.) 1889-1970, 1899-09-12
IN THE VESTS MINERAL REALM
News About Mining in Montana and
the NOrthwe

On
o the Montana due
is
to mining
authority for
representation
of
Standards regular shall fail
of
to
will
Anaconda Montana
The Anaconda standard. [volume] (Anaconda, Mont.) 1889-1970, 1899-09-12

| taken contract from the Libby Creek
Mining company. which is operating the
Buzz Saw, for the construction of the
wagon road from the mine to Libby, and
the road is to be gotten down on a grade
| not to exceed per cent. He has at pres
ent large force of men and teams at
work and will have the work done in
about six weeks.
Good Assays From the Old Jake.
C. r. tombstone, who has been working
a crew of men on the Old Jake, which is
situated on the Fisher creek side of the
headwaters of Libby creek, was in Libby
yesterday, and said that they had now
reached a depth of 70 feet on this prop
erty with an adt tunnel, and that there
was every reason to feel encouraged over
the results. He came out to get some
more supplies and powder and when he
returns will commence to crosscut the
lead for the purpose of determining its
width. This property was bonded not
long ago by John l.. Scarlet the English
man who is at present at Lewistown
training some horses for the racing sea-
son for Jake letter of Libby. The con-
ditions of the bond are not known. Mr..
tombstone stated that there was now no
further doubt but that the bond would
be taken up by Mr.. Scarlet.
Eastern Capital at Rainy Creek.
Ben NJ. Thomas, who owns some very
promising claims in the Rainy Creek dis
trict. has had some Eastern parties exam
lining his claims the past week and reports
that as far as he IS able to learn the re-
suits of their trip were satisfactory. The
party was composed of John B. Smith, an
investment broker of New Haven. Conn.,,
and ]. w. Heisner. representing Graham.
Garrett & Co. of New York. They spent
some time in there and made a careful ex-
animation of the district. In Libby they
announced themselves as well pleased
with the appearance of the Rainy Creek
district, and the general opinion is that
they intend to make a further examina-
ton Some of the biggest assays ever re-
ceved from ores from the Libby district
were got from the ores taken from that
district The principal values are in cop
per and silver
Hills Are Full of Prospectors.
There never was a time in the history
of the Libby district when there were so
many prospectors in the hl..s as at the
present time, and when they come out
this fall there Is every reason to believe
that some new finds will be reported.
has kept them pretty well in their tents
but now that we once more have clear
skies and the usual fall weather has
commenced active operations will be be-
gun. There is not a gufch for miles in
any direction in which one cannot find
a propspectors camp, and many have
come into the district from the direction
of the Occur d. Alenes by way of Thomp-
son Falls. With all this not a day passes
but that one or more outfits leave libby
for the mountains.
The morning news. [volume] (Savannah, Ga.) 1887-1900, 1899-07-06
THE GOLFERS OF oNwENTsIA.
Only One Westerner Remains to
Fight for Championship.

OAIy One w eSterner HPma1ns to
Fight for Championship.
Onwentsia Club Grounds, Lake Forest,
ILL.,, July 5-Only one Western man now
remains to battle for the amateur golf
championship in the tournament at on
weutsia. To-day's game saw the down
fall of four out of five Westerners, who
were successful in yesterdays match
games Walter Fairbanks of the Baltus-
rol Golf Club. D. r. Forgan went down
before Champion Findlay S. Douglass;
William Holabird, Jr., the 16-year-oid
player of the Glenview Golf Club of Chi
cago, was beaten by another Westerner,
c. b. Mcdonald, of the Chicago Golf
Club while Walter b. Smith of the on
wentsia club, runner-up in last year $
tournament at the Morris county course,
was defeated after a hard struggle by J.
G. Thorp of the Oakley County Club of
Cambridge Mass.
The playing of Mr.. Douglass was pre-
eminently the feature of the day He de
feated his opponent, d. r. Forgan, the
Onwentsia captain with ridiculous ease
and in doing SO established a new compe-
tition record for the long Onwentsia
20, a total of so for the eighteen holes The
performance was by far the best of the
season, and the form displayed by the
champion was so superior to that shown
by the other contestants that his final vic
tory Is regarded by many as a foregone
conclusion. Forgan's playing was good
but he was so far outclassed that the
score became oue-sided.
The biggest surprise of the day was the
defeat of Walter b. Smith, last year 9
runner-up by j. G. Thorpe. who was run
ner-up against Whigham at Shinnecock
Hills in 1895, and has displayed particularly
good form during the tournament
Judging from the attendance at the play
during the afternoon it is probable that to-
morrows play will be followed by more
lovers of the game than at any time dur
ing the tournament. The rain ceased TINS
afternoon and the sun and wind quickly
dried up the course leaving il in splendid
condition for Tomorrow
The morning news. [volume] (Savannah, Ga.) 1887-1900, 1899-07-06
FUNERAL INVITATIONS.

~~~~~~~-~-~-~-~-~~-~-~-
BRADY-The relatives and friends of
MI and Mrs. Thomas Brady, Mr.. and
Mrs. Daniel Brady and OF Mr.. and Mrs
j. J. Brady, are invited to attend the
funeral of the former from No. 4S5 West
Broad street at O'Clock this afternoon.
EIIRLICHER-The friends and ac-
quaintances of MIR. and Mrs. NJ. B. Ehr-
hcher, and of the family of Mr.. Henry
the funeral of the infant child of Mr. and
Mrs NJ. B. Ehrlicher at 405 East Broad
street this afternoon at o'clock.
The morning news. [volume] (Savannah, Ga.) 1887-1900, 1899-07-06
BUTLER is AN ExPANsIoNIsT.
He Argues on That Line and Also for
Negro Colonization.


Columbia S. c., July 5.-Gen. NJ. c.
Butler. in addressing a thousand people
at Ga6ney S. G. announced az The out
set that he was an expansionst.
The people Of This country mad con-
fronted this question too often, he said,
for it to have terrors for them, and the
nation should hold every foot of land &C
quired in the prosecution of a just war
It is our destiny to go forward, not back
ward. To relinquish what we had acquir-
ed would gain the loss of respect of The
nations Of the world.
Gen. Butler then, touching on the race
problem, said it was the greatest danger
confronting us The sin of slavery was a
greater curse to the whites. From histor~
zeal facts he argued it impossible for two
races to dwell together in peace, enjoying
equal rights and privileges under one gov
eminent. Colonization, effected by firm
and gradual means, was the only practi-
cal solution of the question To think of
harmoniZng races SO different is to de
lude ourselves Lincoln, he said. enter
tained the idea OF purchasing territory
where the negro might work out his des-
tiny.
Ia an interview Senator Tillman said
he wished 10 impress on alliancemen not
TO De too busy with the pillow to send the
right kind of men to the state convention
and not 20 send delegates to the national
convention tainted with cXpansiOnlsm. He
compared Senator McLaurin's Attitude TO
the woman who changed her mind at the
marriage altar. He wished to warn the
people against McLaurin's New Evangel
hope excuse" for his vote to annex the
Philippines. McLaurin would have to an
swer TO the people
The morning news. [volume] (Savannah, Ga.) 1887-1900, 1899-07-06
LIBERTY's FAMOUS FILTERS.
Remarkable scores Made by indie
pendent Troop and Guards.


pendent Troop and Guards.
Hinesville. Ga, July 5.-Never before in
the history of the famous troops of this
county, the Liberty Independent Troop
and the Liberty Guards, have they tilted
as they did on yesterday at Walthourville.
seen good fitting, shake their heads and
with an awesome look say the like of
such a record has never been made here
or elsewhere before.
Herewith are given the records which
are worth preserving, for they represent
the skill of twenty-four as good and proud
and skilled Georgians as ever wore the
uniform of a volunteer soldier
Troop b, Liberty Independent Troop:
Capt w p. White, S. Lieut.. A. Gordon
Cassels, So; Sergt. r. =. Gordon. so; Sergt.
r. f. Cassels, 81; Sergt W. A Fleming,
81; Sergt. d. c. Miller, 40la; Corpl J. r.
Waite, 52l2; Corp j. S. Fleming 5915;
Private r. NJ Davis So; Private r. r.
Gordon, 551a; Private II. B. Ryon, IS; Pri-
yate 7. y. Davis, So; total, $50.
Troop e, Liberty Guards--Sergt L. j.
Hughes. 4Sl2 Sergt w H. Hughes. Az;
Corpi. J. L. Chapman. 56la; Privates II. c.
Martin 81; J. f. Chapman, 56lb; NJ b.
Horne, SOLE r. II, Horne, 60; w. l. Mar
lin, 55l2; o. c. Dossey. 52le; j. NJ Hughes.
5ll2 5. IL. Martin, 81; T. A. Hughes. 40:
t9tal 637.
The contest resulted in favor of the LIB
erty Independent Troop by two points, and
the joint medal win be worn for one year
by CoIpA Fleming of that troop
The first individual prize went to Private
r, II. Horne of the Guards. He made a
perfect score, beating CorpL Fleming of
the Liberty independent Troop just half
a point.
These contests are always friendly.
there is nothing bitter about them, and
while the Guards have never won the
medal but twice, yet when defeated they
always accept it as becomes the gentle
men and gaEent soldiers that they are The
Ill of July 4, 1888 will live long in their
history
The morning news. [volume] (Savannah, Ga.) 1887-1900, 1899-07-06
MORRIS SUICIDE A SAD ONE.
DEsPER ALTON CAUSED by DAUGH-
TIERS AFFIICTION.

nc,,b Resulted From His Heavy
,,... NJ NIL. D,,,.rt,-
b"Ne OF 'i"'
ter Had q Mania for Waking Large
FurcbaScs-HouEht "A Lot of Goods
~, nh, r,+ I-,,--Somettue
an"
AGO she lried 1" Dr""" ''isN
in a Wei.
,u., a., r,,l,- Mr. u p Morris
- e.,,r., ann,
u" rear eS'al' i'iN VINO vas
conscious oo top of the forestry bul'd'hS
81. taa exposition grounds from the effects
..,. .f,,.. ~ ,,,or,,5ipe 5ioi al his
l's-othat rare -d7' Hi@'''
The circumstances surrounding the death
Of 2lr. Morris are very sad. lie was 81
t, s.:..,. ,r. or tb, ,il7