davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1911-02-02

~ oIrnarket for foreign account were small
and without significance. Sales signify ex-
ceeded purchases.
PRESSED STEEL CAR MORTGAGE
PAiD,-The Pressed Steel Car Company
Yesterday paid off the last fJNyp on ~
s. 00 600 mortgage. The company IL Gre
ating no deot
DIVIDENDS DECLARED - DIVIDENDS
have feen declared as follows American
TohacrO Company. regular quarterly N
per cert and an extra ~ per cent On tne
common stock, both payaple on CdsIonny MSron =
regular quarterly ~ per cent on the pre-,
feTred and "a per cent on the preferred
y both payable on March !, Butterlch
Company. regular quaroerbH abHa,rtt = emnanv' Per AM
se,pi-annual ~ per cent on the ntst pre-
ferred stock. payable on February 10; Penn
sylyania Railroad Company, regular quSda-
terIy IT, per cent. payable on februarN .
American Radiator Company regular quar-
tsrlv . per cent and an extra : per cent
on the common. payable on March 81 anu
regular quarterly IA per cent on the pre-,
ferred PAYABLE on FEBRUARY lo' euel di
Iight and Traction Company. regular quar-
teTIv n. per cent on the preferred, pay
able on March /. Mechanics and Metals
National Bank. regular quarterly per
cant rayable on February 10. Genera
C,hen,icaI Company. regular quarterly n
per cent on the common. payable on Match
CHICAGO RAILWAYS BONDS SOLD
The entire SiJ00.O03 Chicago Railways COM
many first mortgage > per cent bonds. Nhicii
Uera offered by Harris. Forbes q Co anu
tbo NstionaI City Bank. have been sold.
considerabie amount of these bonds was
placed abroad.
AMERICAN LIGHT AND TRACTION,
Gross earnings Of the American Llght anu
Traction Company for the year ended Ds
cember 81 last were %5.SZ-'o-, aedIhs. g.,
I 90 Nll.,ts. an III
crnase Of Sl3427 and net earnings were -
| 10 Sf2 eotIiyaleDt 10 3l63 per cent on the
outstanding common stock. after pa nleiI' ls,r
of 6 per cent on the preferre,Il.o ne me sh .hc
/ MUS for the year was S.sol ,Io-' anu 'iie
| total surplus stands at So'Ho25l.
NF,w CONSOLIDATED MEMBERS.
/ 1,arriugton Hanford. IT. of this city: u. Is:
/ Raker. of PittsburE, and Reuben SeSy, OF
/ Greens horo. Ala, were yesterday SleJe.r'
! members OF the Consolidated Sloch IN
change
HUDSON NAVIGATION COMPANEl -
Directors Of the Hudson Navisauotn EOr..
many have reelected officers as toLoWs'
! 'Tohn W NcKinnon, president; hdWard =
Nurrav vice-presdent; Campbell earring
ton. secretary and treasurer
CHANGES IN STOCK EXCHANGE
LIST Tho following have been dutu.@.'cu 49,
/ York controllers temporary recelPia loI
/ n. ner cent corporate stock. due ltv', dl1
! interest from January a. l'll' aIlu Hilei III,
can Smelling and Refining COMPANY Suu,
scrptou receipts nrsl enf debent,lres Of
American Smelling Securities company "
| be traded In fat. ...,..,, ,ss,,e6
! ~ ED,tt~o1Iar.z ~ terouorarv receipts for ~
| ,. ,ont coruOrate stock. due l'"' Hnt
! Atchison. Toleks & Santa fe HailN ~
! Company / per ceni deoentureS' 81 ~.
due ieiI. have heen stricken from the Hs'-
New-York tribune., 1911-02-02
Outside SECURITIES.

In the market for outside securities us
ing was Somewhat broader and the tone
generally steady In the higher priced IN.
dustrials strength was manifested on "'sa'
looked to be good buying. THIS was es-
pecialy the case with American I9oaotoi, -
which moved up 4 points Intercontlnenta'
Rubber gained J.. STANDARD oil. after I'M
proving : points. reacted. Atlantic Gun ,s a
West Indies shares were steady but less
active. In the copper issues Chlno. LIZ
Consolidated. Miami and Butte Coalluoil
improved small fraction on light volume
of purchases The silver stocks ruled nrih' ~,
with a fair inquiry for Mckinley -Darrasn H.
Kerr Lake and La Rose ConsoiiSGa,tift. S,reit.
ing Yukon Gold and Ray Central We.e
fairly active at a fractional change. bonus
were dull but slightly firmer in spots De-
failed nnnrafinns follow:
New-York tribune., 1911-02-02

DOMESTIC EXCHANGE. - Boston. loc
discount. Chicago. 29c premium; san tldh-
cisco sight sc. telegraph lie; New Orleans
commercial par. bank 81 premium; Charles
Louis ,0c premium bid. ,0c premium asked
Savannah, buying 5-lSc discount sellinE
Par.
RANK CLEARINGS. - New York, eN-
changes S34q.59q 27l. balances Sl935t. ,i-, bal-
timore. exchanges S63lSls2. balances $3.50 q
81. Philadelphia. eNchanses S->O'g..le. oai
anccs $2.OOo. .72j: Boston. exchanges $3l.6 6l".
O. balances t2.OSS.3s1: Chicago, exchanges N"-
4,54o2. balances &ll4.S'N
SILVER MARKET Commercial bar sill
Ner goStc Mexican silver dollars, fJC, bar
silver closed in London az 2i@sd. unchanged.
GOLD PREMIUM Madrid. 40; Lis-
hon, 5.
MEXICAN EXCHANGE. Mexican cX-
change on New York f. quoted 40 20li2.
GOVERNMENT RECEIPTS. - Receipts
f.or,, customs yesterday were StN,oll, IN
ternal revenue. lnclr1iuc corpora''h 'dN
.-Q2 g44 and m'Scell ll9ucous, &Ss,Slb. total
~ & -i2S1s. against total expenditures on
or6irsrs account OF s. 2l.2pb. For the monih
,- January ordinary receipts were Ns.3Ci.-
.cf md ordinary expenditures >Jl.-l.....
rho excess Of expenditure was Hl+@'si
Tor tho 1scal year TO 1aic oruparE, ~
,..,pts have been $50. 0@.l@n. against $50
,-0fsS ir tne same period ~ 1910. and or
dtrar,- aNUenditureS Sf''.2s@.hlS. against Ai0V-
a.. 7as ir 1910. tho excess Of 'Np"ndltpi"s
I'D. ,ear amouufiuE ~ $',t>l"H. compared
,if.~ 80, rV.ce- ~ expenditures ldet wear OF
o.,lqrt. Including Panama Canal account
.n5 public debt. the excess ~ an '%p'.n-
,..re- over receipts since july aHohh''n 70
co. %, -aa eesirsi an excess in The CORE
,,..,ndine pcriod a year ago "f Sl'.-f9 alt
-r-R.TREASI-Rl The Sub Treasury wax
dch.o- to tine Clearing Houso Sl,2>t'-'
New-York tribune., 1911-02-02
GENERAL, CHEMICALS YEAR.

The report o., tho General Chemical ON ON
-. ecr 3D.. wear ended December u. 1917.
p7l. 20, rrn6fs of g. al .339. From THIS
,.,,o,,u. a~e deducted $1,000 reserved FOR nTe
,ns,rerce. x.i4S.a12 paid in dividends, S55'.
55 charged on plant ana no on lg'es'l f1e.etine
'.ei,-soes and eLn1ry credits, the net dent
,,n6et me item being Sl59, 15j. sl4oS4S as the
Fund FOR distribution among Pront snare, snafeas
and $500 reserved for the federa! GolFoi ~ a.
.,Aa- after these deductions. being ti'o 'os
frLs balance sheet shows quick assets as or
Tecer1ber y amounting 70 s; o;eoi,l4 -,-.,,,.
In his report 20 the stockholders. Niillam
II Nichols chairman % the boaro, say
"a, fhe consumption II manufacture
YToducts Of the company IN 1910 was tne
-.r6.6 last year s., ,421 S4s on new construc-
t,on and S47.80s on repairs and reconstruc-
6son charged 70 expense,
New-York tribune., 1911-02-02
IRON AND STEEL CONDITIONS
.1,ho Lrnn Aee" says.

The iron axe "1' .
The improvement in steel trade &c eVIair ,Is ~
lions has become moro marked IL slle ~
- In come lines 3S wire ana ui ~.
y, ~ more pronounced than in tne ne1ll !, J
products. but througnout tns u aTe ,rtiyity-
q definite impulse toward slpet..i.,, ~ %
~ result mas been the punlcdtlon ol -
tt,.,-,,rt statements particularly
taso,Is being those referring 10 'i1'i IS W
0raIent price advances ..-,.. e,.,-.s
The Steel Corporation s,d.. ,iacs ,n
q GOOD gauge Of what has taken plsI,' .,,, a
% b6e,rin, nov orders averaging 'hoW lol!!.
daN i'm January up 10 the -ltH' az Ss,t.,,,-
% 40 tons a dly in December dlu ~ .aa.
Tor when IL was plain thai wear am - :
W, w, 80 bairc replscad by new buying. me
~ York Central and Pennsyiva MA ~ '
nJges II is noted, are not lhc'"ue' '' ''
January figures. o., ,,,-,,,yat tior' a
Ne, of active blast furnaces. when IN lns
a., half Of January showed about Il pT'
rert Of capacity in blast To-day the PEI
centage IS 81 and Will be Ndutyu .Vaf,' .V
when five furnaces now nelhs Hidu0 ''"'-'
Tbs news Of the double tracking pro,
zrarnr1e of the Union Paclnc, Wel tlhsu -
With the steel Corporations IeplrF,II sen
strongly reinforced the more cIiSt.d ne a VI -.
,iroert of the week. or the <@,vp'"V oul'aS
the steel mills will get SALES.--FUTURE @ Tlla- n
proha blv 80 90 tons Of rails. OF o"''' toIc /"
year. will be needed besides sn'Is ndIns ,rack
eards of tons of steel for douo'e uacH
lrideas and the other forms or steel cdueu
for. in construction and equipment.
Eyport business has inquired IN lar -
Uav on the steel Corporations order books
in The past fortnight. Canada's s steel WORKS
have not been equal 10 the pressure on
their finishing capacity: and l9.,Vo tons ,,o o.
billats will be shipped from Cary 10 q "a
naliau plant which Is in the market for a
further round lot The National Railways
of Mexico have just placed in thi.. counul
y ooo tons Of rails, in addition 10 o'"" TONS
early IN January. ,.4.
Tie Grand Trunk Pacific opened bids
this week on 81 80 tons OF @-pound rails.
Canadian mills it Is likely viii he able 10
take ONLY part of f. American mills may
take some portion Of the order for delivery
al the Pacific end. but British mills nave
the benefit of the preferential tariff.
Considerable rail business Is pending. the
roston and Maine and the New Haven or
ders amounting together to 5000 tons. being
a bout closed. The Rock Island has bought
lo0n0 tons and the Western Maryland has
taken 5000 tons. besides $500 already re-
M
New-York tribune., 1911-02-02
CONSOLIDATED EXCHANGE.

The market on the Consolidated EXcnanse9 e
was broad and active. Business was Ven
distributed throughout the list A. nluusN
tbere was a slight interruption. due 10 un-
certainty astto the cause of the explosion
which had shaken he Exchange building
but the hesitation was only momehtaIE
Optimistic sentiment was pronounced WIN
heavy odd LOT buying by commission
houses. covering not only the standard IS
sues. but a wide variety Of the speClaiues.
The trading list for the day embraced SKI
one different stocks the best showing IN 'lHS
respect thus far this year Sales totall"d
100 230 shares with steel common leadinS,
Reading second. Union Pacific third. Smeu
ing fourth and Northern Pacific ftth. Theie
was notable increase I'm business IN me
last named as well as IN Great Northern
preferred Among the specaltes there was
noteworthy odd lot trading in Distillers Sc
curites An early incident IN the Union
Pacific crowd was the SELL cy a cominls-
sion house. which disposed Of LOO shares AZ
l7sla Detailed operations follow:
New-York tribune., 1911-02-02
MONEY AND EXCHANGE.

NoNFy NARTEr Nor', ou cali op,,n.,.o
.t ID. u.I cont. highest ... u'r cent. l'W'
$50 -. Dor cent. clo,iu., ~ per cent, Iu'
ipg rate 90, per cent Iiue money Wa.
sfchrlv less r.errfu' Rates, per con, '..
..,tv da,s 81 .0Gia for ninety daNs ano i''.
months. i.Gs., for fy" and SIX monih~.
for over clio year NDrcaDulo paper came
into the market with SOM" freedom meet
f~, with fatr absorption. Rates. 4n4.. per
.ent for sixty and ninety dayS indor~Hn :
Ii-1. receivable. and choice four 20 SIX
months s'u-.. names. ttHfc per cent i'i
others.
'pREIGN FNCHANGE..The foreign *
change market was unsettled at tie ni' 9-
ing iut nominal quotations Wer" q SEt''
under the top price, made late INfSdaN
afternoon. when 'ho market was run up
.na~rfy ON covering OF shorts 90 AN''S 70.
demand sterling Gables were quoted a
4 -. s-qfSs - demand sterling at $50 "a
9 y; o. and sixty day bills - fSIl4 ~
short francs were around go. ana snort
rricb.markS g. The market was shade
caster 'n the afternoon. declining 20 IN
points from the morning top level cables
were quoted at 3s604sti2. demand sterling
~ 4Si iO04 S615. and sixty day bills az
: S7'. short francs were go less l-o-. and
short reichsmarkS - less 1-G-
V.rk.f-.' rostC1 rates follow.
New-York tribune., 1911-02-02
lrf TuriHfisS fnr frr'uf'u0 OrofrS

"|-I TV0IHfT1N ~ TT''WT|N0 TT''TE
. Rrosd 81 N.N t'f.'- overlook 'n'|
"a I.-."s.tr. ~t.. Eosfor private N'r.s
tr..wrI-rNENTS tNp SUBSCRIPTIONS
to- rts Tribune received at their nio'n OH. 90
,o 'as4 Uroalo7y. l'.reen "f'h and "'th ri..'
.r.- " o .'o.- .. w. Adt.r'is. ..e''s received a'
I.. following branch o0oes ~ regular Office rates
..,H ~.-'o.F y. u.. VIZ ga >'' ave-. 81. o. COZ.
.... ., f.s str .,s. .a- le,r -r.. fot East 14'n
~ v... iai 60 between 7fh and 81 ases
.e- l,-., i... ST.. rW. ai a,e.. if2" g. ave,
,,.. ,-.. g., ave-. oes- SAN r'. ~
-... rs-.. Of, go r-erar' at' go 81 ave.
... --. American u-t-.-t r.'err7,h ono
New-York tribune., 1911-02-02
DIVIDEND NOTICES

-uU ,,rr-.tN -nE'..' 'oNIAN1.
900 rIrrf AVENUE ..,,
ar. au extra Ii. rfr .'
.. ... .r..r... -'. ...
-a... -..a.. .,sr f...1. f... .afr- .f' f.
T.rr fYIf f. common e''
.s...s .t ..I.s ..... f I.s..... February l' It.
o.. f.. ...... fol-. .f ..I. .faH#s au" H'. -
......I srrsf..r ~ .t.rs"- .'ere f. f- Ne.. NAT
. som ... ....-..- af... f-arsfr- h'".s Ni.. ,'
,.,. .... ....L r 81 TrnrHsrf 'r I.ll.
... .'-.. .. ... ..... W Ntr.H 1917
HICKS
New-York tribune., 1911-02-02
SECURITIES AT AUCTION.

Tie following securities we're sold yes'er-
day' ct auction at the exchange sslesroon
by Adrian II. Muller & Son:
By order Of Empire Trust Company. a' sub
stituted trustee.
5000 shares Reservation Oh Company
of South Dakota common. .ot. -, iFi'o>S
300 shares New York end osage Oh
company Of New York common. o..
By order Of executors
% shares Standard Coupler Company ....
share Share Sev York society Library 80.
shares t.S cfinton Hall Association -
500 -. Andrews Golf club esneral p.
MORTGAGE ; per cenr bonds.-...... 81
IS 600 Third Avenue Railroad convertible
mortgage per cent coupon ton-s .
sfares sSares'' 'gr' Caion Psciac Railroad
Company preferred ... ..-...--.... ~ .
81 600 Illinois Central Railroad g. Louis
Division 3 per cent bond due 1881.
interest January and july accrued -..
interest 70 BE- charged ...---....-. - I.
N shares Portland Investment Com =,
100 s5aies United states steel Cor ..
10 S9s4slo" SSsres L5wyers S5yii Title insurance
and Trust Company. y......- .-t.-..... -f'
10 shares international Pneumatic
Tube Company preferred. - shares
Company common: lot.........-.. $50
By order OF trustee.
100 shares American Snuh COMPANY oso
For sccoant OF whom 81 may concern.
% shares Fidelity and Casualty Com -
panv ..-.-..s...... ....-- poe .t.- 80
6s shares Fidelity and Casualty Com .
pdIF .-'.t'f- '
! share New York Life Insurance
and Trust Company. y........... ...t.: llr"
40 shares Brooklyn city Railroad .s...
Company ......--..-- -..-......... l'' |.
100 shares Kolo1kin improvement
600 shares Il " Pa,ens sons stock
trust certificate. l0t.......--..... coo
Il shares Home Insurance Company. 80 9
share Brooklyn Union Elevated
Railway Company common. ........ u
81 600 Pittsburg & WestmOreaud Coal
COMPANY first mortgage sinking
fund rer cent bond. due Ma
1925 interest May and November.
accrued interest 10 De ctsrgci .... ~ =
10 shares Tear-Of Bottle seal Com
pauv preferred. l.t............... $50
70 shares Tear-ON Bottle Seal Com
panv common: rer share ....-.--. -
3 shares New York and Rlcnmoni
Gas Company .......-....s.-. ~
r shares United States Electric com .
uanv .-----.... .......-.. ......' -"
40 shares Chatham National Bank "'-
- shares Mechanics and Metals Na- ,.
tional Bank ......--......-... -''
New-York tribune., 1911-02-02
BONDS.

II 600 A. . & " IS - I2's - -
5000 K & + a Il & -
IS p " CT % .. o.. g..
1000 50 Il r s = IS. asf. pG's pS' ~.
5000 West Fac js... ~ 3i ". 80
.SoUs crrts ner share. iOii los. iDlO1enI.
New-York tribune., 1911-02-02
Union Trust Co. of New York |
So BROADWAY. Fifth Ave. aud 3sth 81
Capital & Surplus, $500, 600
| Allows Interest on Deposits
S25- 33i Chestnut street.

Blllddephlds sdNtdit - 'o+-..
FIDFhETY TRUST COMPANY Qormery -
rideiit., INSURANCE Trust anI safe DEPOSIT Com
pany, lrustees unGcr Mortgags " The WiliAn
Cramp ~ Sons Ship Engine Buiding boin-
pany bated March I. $3.50. invite tenders or ni io-
uosals sor bonds issued under said Mcugeg-. %
pe su rendered f0r redemption, proposals Z. -
opeue [ and awards made on February IT, l|'..
at II O'Clock ~
New-York tribune., 1911-02-02

Tho following were the last actual sale.
and the closing quotations for stocks IN
which there were no transactions yesterday
OH the New York Stock Exchanges
New-York tribune., 1911-02-02
copARrNsRsHlP NOTICE.

.. N.s.,u street <ev work
v. John Ha's'' '.rt ''s r''r'c rom
crr I." ,., A.
... ...-.-.r. .t r.- ..n |a.e 'IIs dav
WI \ ETNn 90.
New-York tribune., 1911-02-02
RAILROAD EQUIPMENT BONDS AND
CAR TRUSTS.
Maturing 1911 p
,F,irn.-h.f i, srartvoIt & ATperze'lar 40. 50
Pine sfre.t)

Pine street,
Interest
%aWc. Naiulllk- 81 5le.t'
Atlantic Coss' Lane I 3 r.. IL. - q.
PrN Roch & Pitts. So -. 1919 =. - -
central of Georgia 90 . p e. 1911 II - -,
central Y r - y % r.. lall-'l7.... =. -
Chasaueak. x Ouio + O.. 1911 If. - -
CTicaeo Alton 81 =, l9li 10 -
chic < E.as' m 4is-5 p e.. l0l1-'l1.... a.
al. Y 4 ia, 4i4-6 p c lpll-'10 ... - ~
On IIari { pay SIS j. c. lell-'2o ... ~ 4,
Dclawaro y Hudson AZ O.. 1872 - -
Erir t-li.-5 T. e. 1911 "a ..... .-..... - -
Hoctirg valley 49, p q. lol1-1s. -
HUDSON 4 Manhattan q Oh l-'lo..
X . r. Scott " a. e.. l9ll-13. "a ..
karsaa 'ity Southern q, g. 1911 ~ -
Tehlsh Vale, So p e. igil rs ..... - a
viss mi racidc . p e.. l9l1-'1T ....... So -
MOBILE & Ofio 80 + c. lpll-'i ....... -
= e central Lines : r. lpll-' 20 ~ =,
S5rf.it- s Western p O.. l6il 10 .... 81 -
Vsnu-vlvnnia 3i7-4 c. l9il-l5 ....... - -
81 r, Z san frsn 4-4ia-5 2 e.. lGll-l7 81. tt
do guar ~ = % O. lpll' ILL.,. -
Seaboard AIR Line 4ls-5 p Q. l0ll-'I. -
Southern Py 3i1-f-ii ? C. 1912 .... - -
Virginian Py p C.. l9ll-'l IA ........... 81 a.
wabash t'7-5 r c. inll-2l ........... So -
wheel 4 Lake FTte fis-3 c lpil-22.
New-York tribune., 1911-02-02
GOVERNMENT BONDS

The following shows Yesterday closing
quotations for government bonds. compared
with Tuesdavs
New-York tribune., 1911-02-02
BOSTON CURB STOCKS.

FURNISHED by J Thomas Renhsrdt. No - Broad
street New York and No. - peyonshre
street. Boston,
New-York tribune., 1911-02-02
INACTIVE STOCKS.
BOND MARKET SALES.

T & aiT T7I@ IE73 s17 49, @
New-York tribune., 1911-02-02
TOPICS OF THE STREET.

FOREIGN TRADrNG.-T in
this market for foreign account were smah
and without significance. Sales signify ex-
ceed1d unrChaSes.
New-York tribune., 1911-02-02
POSTED ON
, On
CURB
T0CKS
NEW YORK
BOSTON
m7rufn accounts ooHClkeu'
]. THOMAS REthhhRDT

T'I| -|'o""- 'I77 'Fr7TdI'f '"'s' 20 '
New-York tribune., 1911-02-02
BOSTON STOCKS.
.u- sic. POS r. T.. Ia K CO.. 30. - vail
efrefff
PHILADELPHIA STOCKS.

FURNISHED hy charles e. Rarn4y 4 Co. No. -
Rroad street Nep York and -" l22 South
t'i street. Thilad. lphla
New-York tribune., 1911-02-02
FURNISHED by Curtis sanger. ~ "a wL'

g ono Con, Edison s. .lols loi 1915 20
! 600 Met Elevated IS. 3 s5 go
New-York tribune., 1911-02-02
euslIc UTILITY SECURITIES.

Furnished tv Williams Mcconnell * coleman
No e. wall street,
New-York tribune., 1911-02-02
BALTIMORE STOCKS.

Glralsn.d by Van schsick 8 60 20 wall
ltrestN
The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1911-05-05
Can't Have the Old Portsmouth

THE navy department probably will
i bs unable to comply with the
wishes of the people of California who
have asked that the old sailing ship
Portsmouth now at the New York navy
yard, be towed to the Pacific coast to
be preserved there as a naval mu-
scum. The people Of the Pacific coast
are anxious to have the Portsmouth
seat to San Francisco bay because
she was identified with the early his
tory of California. She sailed into
San Francisco bay and took possession
in the name of the United States. If
she had not taken this action what is
DOW California might have become a
part of the British empire, as two
British cruisers arrived there only a
few hours after the Portsmouth. The
San Francisco people want to use the
old vessel as an exhibit in connection
with the coming exposition there.
The navy department, however, has
received a report from a board of sur
yey. which estimated that about $685.
600 would be necessary to fit the old
sailing vessel for the long cruise to the
west coast. In addition the expense of
such long trip would be considerable.
In view of the outlay involved in the
The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1911-05-05
Like Home Touch.

Tired and dusty, party were re-
turning by rail from holiday trip.
Simkins, little bald man, seated him
self to read, but dropped off to sleep.
On the rack was ferocious crab in a
bucket, and when Simkins went to
sleep the crab woke up, and finding
things dull in the bucket, started ex-
ploring. By careful investigation Mr..
Crab reached the edge of the rack.
Down it fell, alighting on Simkin's
shoulder, where it grabbed the mans
ear to study itself. The passengers
held their breath and waited for de-
velopments, but Simkins only shook
his head and said: Lego, Sarah! /
tell you I've been at the Office all
the evening""
The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1911-05-05
Economy Board to Save Millions

THE economy and efficiency board is
1 beginning to get results. 1t has
reached point in its labors where 1t
lars may be saved during the first year
of its existence.
At present it is devoting it's atten-
lions largely to the item of travelling
expenses of government employees and
to the duplication of work in the de-
partments. The president and the mem
bers of his cabinet were surprised to
learn from this board that the travel
ing expenses charged against the treas
ury last year aggregated about $12,-
100000.
Just how much this enormous sum
can be reduced without Gripping the
public service in the least is still a
question, but the members of the econ
omy and efficiency board are conf
dent that a great saving can be made
The heads of the executive depart
ments have received instructions to
pare travelling expenses wherever pos
sible. This order is applicable to the
war and navy departments, as well as
to all other departments of govern
ment
OF course, the largeness of the item
for travelling expenses is due in great
measure to the laws under which men
in the navy and in the army, either
as officers or privates, receive travel
allowances. The travel expenses of
the department of agriculture and
the department of the interior are
also necessarily heavy, and the same
The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1911-05-05
Great Sums Spent in Luxuries

and girls of the country and the old.
er people, too, spent $25.000,000 last
year on chewing gum.
The country's confectionery bill for
1910 amounted to $7S,O00,00O
The $SO,OOO,O0O spent on jewelry is
twice the amount required to build
the Panama canal.
Our soda water bill was $320,000,'
900.
The representative says: Take
the egg, for instance; it doesn't cost
the hen any more to lay an egg today
than it did 100 years ago, but we pay
more than our grandfathers did be-
cause we don't let the hen lay the
egg where we can get out the back
door ourselves and pick it up. The
farmers wife in Idaho goes out and
gathers up an egg. keeps it till man
comes along with buggy and takes
1t from or. He crates, sorts and
packs it along with others and then
carries 1t to the railroad. 1t is laid
in April, May or June; you don't get
it until the following Christmas, and
you have to pay for its keep all that
time, pay for the cold storage. pay
the railroad rates, the expense of the
man who went around in buggy and
gathered it and the initial price Of
the farmers wife in Idaho. 1t is the
same all along the line"
The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1911-05-05

is true, though not to so great an ex.
tent, of the post office department.
Whatever abuse exists under the
laws which permit officials and EN-.
ployes to travel at the expense of
the government did not spring up I'M
der the present administration. I'm
der the preceding administration no
effort was made to hold in check
travel expenditures.
The injunction that has gone out
simply is that travel pay must not be
authorized except where travel on
government business Is absolutely
necessary.
Soon after President Taft entered
the White House, and long before the
present economy and efficiency board
was created, instructions went out to
the heads of the executive depart
ments to curtail travelling expenses
wherever possible. Under that gen.
eral order a considerable saving was
effected during the first two years of
this administration, but the economy
and efficiency board thinks it sees
how still greater saving may be
brought about.