Semi-weekly herald. [volume] (Durango, Colo.) 1907-1917, 1910-06-20
| dition is renorted good.

The Continental and Commercial
National banks of Chicago have con
solidated with a paid-up capital of
$4,000, 900 and surplus OF 10000 900
and with two trust company adjunets
will have deposits close to slS5. 0OO,-
900 and total resources of s2tS.0O0.-
| 900. This beats the newspaper bust.
ness.
The big nine-story steel warehouse
of the Gwynnbrooks. near Owings
Mills. Md. containing 10000 barrels
of whisky, crashed to the ground and
| from 5000 barrels ran rivulets of good
old rye which finally poured into the
Patapsco river, Much of the whisky
had run off before the amazed coun.
| tryside could save it. but the atmos.
phere was redolent all day with its
aroma.
Under the prevailing policy of the
government. millions of acres of pub
lie land in the west known to contain
deposits of coal. will be tied up indefi.
nitely, so far as the coal is concerned,
but under the terms of the bill thai
has passed both branches of congress
and gone to the president for sigma.
ture. the surface of this land is omen.
ed to homestead and other agricultural
entry, the entrymen, however. acquire
no title to the coal beneath the sur
face.
Albert h. Bassett, who rose from an
humble position as errand boy for a
dry goods store to an honored emf,
nence in Alton, cashier of the Illinois
Glass company. and the associate of
rich men, is a broken and disgraced
man, following the discovery that he
Is $4,000 short. He intends to spend
the rest of his life, If need he. he said,
to make good the shortage. When he
was asked what had become of the
money he replied that he could not
tell. He had taken little at time
to tide him over rough places. always
hoping in vain that some day he could
| make good.
The Standard Oil company having
acquired control of the Texas CITY
refinery company, the big plant com
pleted year ago at cost of nearly
S2OOO,000 will be closed down. 1t was
built as an independent refinery by
Texas and Oklahoma capital and has
| capacity of 5000 barrels of oil per
day. 1t was in direct competition with
the Standard, exporting much of its
product. The Texas laws will not per.
| nit the Standard to operate in that
state. 1t purchased individual stock
| at fabulous prices until IL acquired a
| majority of the stock
The consumption of alcoholic bever-
ages has decreased during the last
two years $40 500, according to
Tuesdays issue of the American Gro
Ger. This publication says that during
1909 the consumption of liquors was:
| Whisky. $566.913,331; beer, sS79.S72,.
5l2: wines, s107.219,99O; total, $1,554,-
005, 1868 For 1907, the estimated to.
tai retail cost OF liquor was 81 ,664 ,191, :
bG3 According TO the bureau OF sta
tistios. the population increased o.
749. 966 in the same period. The per
capita use of spirits is the smallest
since 1905. Last years consumption
Of tea, coffee and cocoa was the larg-
| est since 1905.
The new Morrison motel of Chicago
| will be n thirty-story structure, front.
ing 1914 feet on Madison street and
| 9915 feet on Clark street. The plans
for the new hotel were drawn by
| Marshall & Fox and the cost viii be
| approximately s5,0O0O00. 1t Will be
| 800 feet high and the lowest level
will be fifty feet below Madison street.
The Boston Oyster house in the base.
| ment will be capable of seating 5000
people and the palm room will be the
largest in America. The hotel Will
| have 1,400 rooms. each with bathroom
| attached. and the front will be of Yer
mont granite and white terra Gotta.
The interior finish will be of solid
| mahogany.