Omaha daily bee., 1912-05-12

tE the last batch. He has sold
1t for over 500, 900 to Chicago
Srecking company. and that firm is now
digging 1t out Of the jungle and carrying
II by the Panama railroad down 10 Cristo-
bal. 1t is piled there on a mighty dump
and Is being broken up and classified.
The bolts and nuts are put in one place,
the wheels in another. and other bits Of
machinery OF various kinds each have
their pile. The dealers recognize about
Se different classifications of iron and
steel, and every class is found In the
scrap pile. The machinery is first taken
apart by cutting the rivets with sledges,
and much of the metal is broken into
three-foot lengths for convenience In
melting. The stuff will be taken to the
United States. The finer pieces will
probably be sold by catalogue. and the
remainder Of the steel will go to the
foundries to be worked over again.
This last sale makes the total weight Of
the scrap disposed OF between 5000 900
> and 100000 pounds and the value Of that
sold and used in the work has footed up
more than s2.oooI0oo. The sales have all
been made by auction and at so much
per ton. For this last lot the ton rate
vas Is. and included in tho material were
old locomotives. dredges. excavators
dump cars, boilers. cranes, steel rails.
copper and brass. The canal authorities
estimate that at least 100000 worth Of
such scrap has been used in making ma
ehinery for our work.
How s2J ZOO, 900 Rusted AWAY.
When We bought the canal OF the French
for 100000 they gave US an estimate
as to tho balance of the machinery ana
supplies on hand. This balance was not
paid for, but was thrown in for rood
measure. I was down here just after
We took possession and went with the
engineers over the buildings, machine
works and warehouses and saw Just what
there was. According to the French
books the value Of the whole was s2s.-
oo.oo The above statement accounts for
c!os.coc but doubt not but that Uncle
sam has realized much more than twice
that out OF the vast equipment which was
then on hand. As to the s2soo'oo esti-
mate that was all down on the French
books OF account. They were fine book
keepers and among tho volumes OF canal
records are eighteen great iedsers, each
as tail as table, as thick as a big family
biole and as heavy as le-year-oid boy
i am tod that some OF these iedgers VIII
, De SHOWN AZ the san Francisco exposition
nave looked carefuiiy over these BOOKS
ana ma them wonders OF account Keep
hs' inc wr'',ns Is hke copper p's.e en-
CRAVING ana ,hey arc mass Oh hsures
from one enc 10 the o'her' IN ,ne eisn'-
ven volumes 'hefe are aoout s'"" pages
SUI ~ 'heh every i'eni VI expense was
r"' uomn, even 70 'he oos' ot u,e "oise
"e oue ot-pe p.nS anu 'ne soVue
VI '"o s'oienouse me sns'neerS hsse
.o,u m1 .".l 'Hes ioanu ue suppHes W
WHY vs." '"s NO'' =" N.Y."
The French Balance sheet.
among other things there was balance
sheet the items OF winch alone would
v. - - ,,,.''
es w ,en i"e.s 49, ny
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o1h shes' Nv sseA'n ". ~ os
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a"a ~ punens ma''es 20"
noa''ns oI"l winch. Ve"e,e' ~
=. -, ~ va eu ~ N -
e,' anu o''e' , u'o rs u -
s" nv. nv s ,,,' -
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- ''Nv0 anu no'e 'nsn
iOeono''N.s' ''es'n' VII - ~
en,si'ei 49," e"s - w.. s
Ians ehousn -, - Du o.s' Nv ''"e" ~
s.A 80 49, NN.r - 4.
VI tn'e iny s
so01 % VIZ" ~
.housn sono nau WI '.'' ~ '"e .1n
snu nso Iu'.eu -
"a'eneo ou' ~ 'Aen p -
eoateu .ne "'ees w "
oe. o"e, a"1 y. ~.
II win "hite eau os " 's