davidaulloa/AmericanStories huggingface dataset:
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1913-07-16

market, and make inviting the willing
ness of the government to exchange
3 per cent for rs. Under the present ma
tional bank act newly organized banks
are required to purchase United States
bonds representing not less than one
fourth of their capital. This require
ment is repealed by one OF the amend
ments. The result will be, according to
Chairman Glass. that the bond market
will be curtailed, and the Is retired
more rapidly than would appear on the
surface of the pending bill. With the
retirement Of the 2s the national bank
circulation will disappear. 1t conserva-
lively Is estimated that this class OF
circulation will be retired at about per
cent a year during the early days OF
the new law, and more rapidly there
after. 1t is evidRtly the intention OF the
trainers Of the Oil TO adopt every ex-
pedient to eliminate the present national
bank note circulation. Chairman Glass
favored a provision making the retire
ment mandatory. However, the majority
preferred permissive retirement, which
is fairly satisfactory to Chairman Glass
and those who view the situation as he
does.
Yesterdays action effectually protects
the rights of the holders OF per cent
bonds, and the prediction is made that as
a result these securities. which recently
have been sold below par, probably for
the first time, soon will be restored to
normal prices. Democratic leaders say
that the determination of certain radicals
to take from the % the circulation prtvi-
Iege guaranteed at the time of sale by
the government without reimbursement
in the way of increased interest smacked
SO strongly of reputation that 1t ex-
posed the party to, great deal Of hostile
criticism.
An amendment also was adopted pro-
yiding that the earnings of the govern
u,ent from the operation of the Federal
reserve banking system should be set
apart for the redemption of United States
and per cent bonds.
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1913-07-16
CONTRACTS AWARDED
FOR TLIENE FLOORS
Annouscenest Is Made BY Company
that Manufactures the Fire.
proof Article.

The Sanitary Flooring Company. with
Offices at the Builders Exchange, re-
port that 1t has been awarded contracts
for Tiliene Composition Floor in the
following buildings: Martin Building,
Norfolk. Va, 5000 square feet: Busch
Building. Washington. d. c.. 1900 square
feet; Baltimore and Ohio Railroad Com
pany. Martinsburg. w. Va; Winecon
Hotel. Atlanta, Ca: Epiphany Church.
Washington. d. c.; A. L Smith Com
pany, residence, 1713 X Street North
west. Washington, d. c.
Tiliene composition floor has met with
great popularity since its introduction
to Washington. due to its fine appear
ance and durability. Tiliene is a very
light. fireproof material which can be
laid over old wood floors or over cement
floors.
Tiliene can be laid in any color or de-
sign. Is germ-proof, waterproof. and
sound-proof. and Is very popular for
bathrooms and kitchens because of its
heat-absorbing qualities and ease TO the
feet.
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1913-07-16
BUILDING WILL BE
READY ABOUT DEC. 81
Home If Bureau Of EasEavins and
Printing viii Have Floor Space
Of as 900 SQUARE Feet.

The new building for the Bureau OF
Engraving and Printing. which is in
course of construction. Is expected to be
completed about December 81. The build
ing measures 56 by 2s6 feet. having q
total floor space of $4,000 square feet
1t is built of steel and reinforced con-
crete throughout. and faced with Indiana
limestone.
On the east side there are three courts.
and these will help to furnish an i'm
mense amount Of light The building Is
ninety feet In height The complete plans
and specifications were drawn in the
supervising architects once In the
Treasury Building.
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1913-07-16
TABLES AND STANDS ERECTED.

Thomas @. Islehart Completes Wsrk
Ia Agricultural Department.
Thomas @. Iglehart carpenter and
builder, has completed the interior work
in the laboratory for the Bureau OF AMI
NAL Industry consisting OF stationery
tables, stands, and interior decorations.
He also has submitted an estimate for
similar work in another branch OF the
Agricultural Department to commence
when the contract Ii awarded.
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1913-07-16
BUILDING NEWS c iasR !;
BUNGALOW PLANS WADE.
Milhsrn, Hester 4 Ce. - Duild u
Potenae, lld.

Plans Ana specifications are being pre-
pared by Milburn. Hester and Company
Sor Frank p. Milburn to build two
story, eight-room bungalow on his farm
near Potomac. Md.
As soon a. the plans are completed
the work will commence. The bungalow
IL expected to be finished In the autumn.
and will be occupied by Mr.. Ailburn next
summer.
II Is to be q modern and up-to-date
bungalow In every detail.
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1913-07-16
Annotated Immigrant Inspector.

Secretary of Labor Wilson yesterday
appointed Arthur r. Bennett. of this
city. immigration inspector of st. Louis,
Mo- His chief duty will be enforcement
Of the contract labor law.
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1913-07-16

With proper care brass dies for printing
Upon wood have been known to make
more than 100000 impressions before
wearing out.
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1913-07-16
ToDAY's SELECTIONS.
BY NEW YORK TELEGRAPH

First race-Black Toney, Hodge
Amusement.
Second race-Working Lad, hasns
Henry Hutchinson.
Third race-Leochares. Dawes entry'
Great Britain.
Fourth race-Johnson entry. Kinsiy'
Adair entry.
Fifth race-Miss Declare, Pat Rut-
ledge. Emerald Isle.
Sixth race-Cogs, Popgun. Daisy
Plat.
Seventh race-Blackford, John Rear
don. Tecumseh.
King Edward.
First race-European. Ratisan. Rum
mage
Second race-CeciL Jennie Wells.
Song Of Rocks.
Third race-veneta strome. Ma.
Princess Thorpe.
Forth race-Horicon. Fawn. Bad
News II.
Fifth race-La Aurora, Lady Rob-
bins, Turkey IN the Straw.
Sixth race-veno Won. 4cAndrews.
Starboard
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-02-17
SENTIMENT GLOOMY
on STOCK EXCHANGE
Spectators. Fail to See The
Bright Side Of Things;
See Only Difficulties,

NEW YORK Feb le.-Spcculativc
events, confirmation Of previous nsely-
ins5 and in others cause for fresh anN-
ioty. Sentiment was gloomy and little
account was taken or the progress to-
ward the period or rccuperstion which
a thickcnlng Of the speculative gloom
invs riably heralds. Only difficulties were
taken account of
Tightening money markets and falling
prices for outstanding stock and bond
issues Indicated that the prospects FOR
new capital we're poor.
Recent expansion OF New York bank
loans has helped TO take care OF CON
vcrtible and other bond issues. \ large
underwriting OF Union Pacific holdings
or Southern Pacific Tho Tbsorp,iys pro-
cess thus indicat while productive of
some financial discomfort. represents real
proEreSs.
The inevitable rise in interest rates
resulted last week.
Chances for peace in Europe are ea e
gerly canvssscd throughout the financial
world a the most immediate Instrument
in prospect for relief OF existing embsr-
III ssments. 1t Is calculated that assur-
ance OF pescc might send boarded money
into securities rather than into the loan
market
The immediate stock exchange circle
still sees a principal cause for prostra
ton Of It's husuess IN proposal Il for leg
islattve control and regulation Of Its
activities.
The dispute between the managers of
the eastern railroads and the tlremen
weighed on the market and the revolu =
ton IL Mexico was another un2ettlins
"a ctor.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-02-17
TONOPAH MINING IS
NOT IN ROCHESTER
Secretary of Company Places
Quietus on Report to
the Contrary.

''rhe Tonopah Mining company has
not taken up any ground in Rochester.
Notwithstanding reports to that effect,
remarked Colonel a. G. Eigbee. secre-
tary and treasurer of the Tonopah MIN
ing company this morning he was
about TO leave for the north
Rochester may be all right" he con-
tlnued. but il Is too young for pre-
dictions and ] don't feel at liberty tn
express any opinion on the district,
Anyhow. YOU can state with the utmost
positiveness that our party has not been
in Rochester and VIC are not going
there on the present trip. All this talk
about the new camp reminds OF "A
story told when I was down in Ala :
bana recently. We were talking about
new towns and their rise and decline
when my friend remarked The best
way to boom n town Is TO build u dam
and let the water through and the best
way to damn a town is To start a. boom
and let her go Tho booming busi-
ness. like everything else. can be over,
done and one cannot be too cautious
about eNaSgerating reports, Many a
good camp has been spoiled in the max
Ing II takes time and money to de-
velop a low-grade camp. as 1t all de-
pcnds on milling facilities and the In.
Vestment OF large sums OF money"
Colonel Eligbee. accompa by J. III
Whlteman. vice president and general
counsel, and John Bancroft OF Whining
ton, Del, one OF the large stockhold-
ers of the Tonopah, left this morning
on the private car Mizpah for Wond er
wherc they will spend seveday days
inspecting the property Of the Nevada
Wonder.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-02-17
LESS COMPLAINT IS
HEARD OF RESERVES
Conservation Policy Must Be
Easing a Trifle in Dis
triCt East.

Observation-Disclosures modern thing
took its rise from demand for the pro-
lection Of the country's timber resources
against a too rapid denudatio both be-
cause of Tho Importance OF the timber
itself and because OF tho effect or the
forests upon rainfall and water flow. Gif-
ford Pincot was primarily forester. and
as such he received tho intelligent CO.
operation OF a large part of the people,
both In the east and the west. No one
could fail to perceive that the trusteeship
OF the government over the popular lands
required OF It. such restrictions as would
wisely conserve the forests against pri-
vate abuse. 1t was after Mr.. Pinchot 'oe-
came a. statesman that many OF his most
loyal supporters in the west turned away
frim him.
OF late Il has crept into the conscious
ness OF the country that conservatioDism
Is g, too broad and comprehensive qucs-
ton to receive practical solution as
whole; II subdivides itself into series
OF subsidiary problems, each related TO
the administration of the public domain
and each requiring different policy
Anyone who has attended a public dis
cussion OF conservationism must have
been struck with the confusion OF thought
which the several divisions OF the sub
ject have have produced: Forest regulation.
Withdrawals, land classification and the
restriction OF public utility franchises on
the national domain are merely so many
phases OF broad problem: but 1t hap
pens that the attempt to annex them TO
single theory OF government proves a
disturbing element OF discussion
While II Is true that the matter of the
oretical craftsmanship must be put to
settlement. that the general policy OF
industrial Imperialism must be either sup
pressed or perpetuated, the people most
Intimately concerned should not overlook
the details of administration as they
apply TO the separate questions OF method.
Reverting to the forestry problem, MIN
Ing Science has felt that this deserved
the attention OF the government which it
has received: but it has, in former years,
criticised the mistakes Of administration
from which prospectors and mine opera
tors have frequently suffered. These mis-
takes arc less frequent, and 1t is appar-
ent that the administration Is less ar
bitrary and severe. This Is indicated by
the fact that, so far as district No. . is
concerned. the number of protests and
unfavorable reports has steadily grown
smaler,-Mning Science,
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-02-17
BUSINESS IN STEEL
CONTINUES HEAVY

NEW YORK, Feb 1s.-Businss5 in nm
ishcd steel products continues 10 come
20 the mills In tonnage almost equal 10
the productive capacity. Shipments,
however. exceed current orders, white
output l. as heavy as conditions Will
permit. The largest interests arc ruu-
ming % per cent, which is practically
full.
The railroads are prominently in the
market for equipment, placing orders
since February Is at call for 100000 tons
OF steel products. Orders for cars last
week aggregated 1900, including 1900
the: were tentatively placed The Penn
syIyanla company Increased It's orders
for motive power by fifty-five engines.
The Grand Trunk ordered 100 locomo-
tives and the ST. Louis & Southwestern
twenty engines. The rail- mills secured
additional contracts for 5000 tons.
Increased animation was evident In
steel building and other structural lines
Contracts pla ced during the week called
for 90, 900 tons OF fabricated shapes. There
also was considerable activity in stce
| plates. orders being booked for about
| - 900 tons. half OF which were for ma
/ rlue work.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-02-17
TONOPAH HEADS THE
DIVIDEND PAYERS

In the quarterly report OF the Chicago
Mining and engineering World disburses
ments from mines and metal industries
the name OF Tonopah appears at the
top OF the column with a total OF $500.
1T5 TO its credit save the small divi-
dend OF the Yellow Pine. amounting to
$1,000 For the same period last year
the Gbldfied Consolidated figured as
the leader. The credits are given as fol-
lows: Tonopah Nevada $4,000, Tono-
pah Belmont, S31S,ooo; Tonopah Exten-
corning the financial condition Of the
mines covered BY the review the Min
ing World says:
Seventy American companies which
works for their profits began the year
1913 by paying dividends in January to-
falling s12,IS1.05l This compares with
Sl0.5O2,J29 paid by torty-one companies
during the same period in 1912.
THE copper properties twelve in
number, all but one IN the United States.
led for the month with S5,3O9,0S9 10 their
credit. Over half OF this amount. or
conda Copper company. which, during
1912, paid dividends totaling S9.T5S, l25.
To date this company has enriched
shareholders TO the extent OF S72.269.
sos
''Fifty-two OF the seventy companies
mentioned above. classed as gold silver
lead zinc producers, contributed $i.950,
SiS 10 last months total, which com
pares With Si,6l4,Sll paid by thirty-twc
companies during January, 1912. A year
ago Goldfield Con. paid II dividend total
ing Si,7I0.5i4, but paid no dividend last
month, Thirty-siX OF the fifty-two com.
panics operate properties in the United
states and have TO their credit DURING
the mouth just ended dividends total
ing $2.lSiSl3, Tonopah of Nevada load
ing with 100000 Canadian companies
eleven In number were able 10 divide
S2,opi. 2i2 among shareholders, while
five Mexican companies dlsburscd $i6i,.
93.'-Tonopah Bonanza
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-02-17
WESTERN SECTION Is
THE MINERAL CENTER

or tho total mine production OF gold
IN the United States in 1911. valued at
S2G06t.i9l: the western states supplied
$a5. .10Q,982, or 99.6 per cent, and OF The
tol2l mine production OF silver of ST.
l0S, t9l fine ounces the western states
supplied 0,Ai9.5jI ounces. or $50 per
cent or the total mine production of
Liza, 16i 1874 pounds OF copper in the Unit
ed States in 1911 the western states are
credited with 8I4,675 9od pounds, or TS5
per cent, the remainder being produced
chiefly in Michigan. but also I'm Teuues,
see.
OF the total mine production of lead in
he United States of SS2.SI7 f9s pounds
In 1911 the western states produced S04 =
1G@.576 pounds Or Bal per cent. tiEe cen
iraI states (malnly Missnuri), 1885, 900
pounds. or 4@.S per cent. and the eastern
states the small remainder. Finally, Of
the total mine production Gc zinc (all
figured as 5pelter) Of 6S8, $50, 356 pounds in
1911 the western states supplied 1S5,
e23 pounds, on 81 per cent, the central
states (mainly MissourD, 345,39e, 900
pounds, or 80 per cent. aud the eastern
states (mainly New Jerssyl. 15o,35l,55
pounds or IS per cent.
The total value of tho mine output Of
these five metals in 1911 was Sll. 1922
in tho eastern states, s64.@is4b In the
central states, and Sc7l.SiT465 In the
western states.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-02-17
BIG FOUR TONNAGE
OF LARGE PROPORTION

There seems 10 be no end 10 the per
formance of the Big -Four in opening
additional orc reserves Of large size and
splendid values, and mono,onous as
their chronicIing may become. the truth
demands H. The cast drift OH the 100
foot level, commonly referred 10 s the
100. has been steadily progressing in q
largo body Of good ore. but notable in
crease in face values has been apparent
during the past week. mine sampling
producing assays ranging from $40 10
over $500 per ton. While this IS only q
continuation oe development In known
orc body and is not clsssed as a nee
strife" IL is perhaps more imports Mt
in demonstrating the continuity Of the
ore and the maintaining of high values
than It would he as an entirely new dis-
covery beyond where some ore body had
PLAYED out."-Ma nhattsn Post
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-02-17
SOME NEW PHASES
OF ZINC TREATMENT
Federal Company Has Two
Processes That VIII Save
Future Millions.
TUBE MILL IS SUCCESS
MacQuisten Process at the
Morning Mine Has Come
to Stay.
TUBE MILL is SUCCESS
speeiai 10 The Tribune

Special TO The Tribune.
WALLACE. Idn-, Feb. 16.-The Federal
Mining s Smelling company has long
been engaged IN a campaign TO secure
: process for the treatment of tine zinc
in the ores Of its various properties. In
past years the loss OF zinc values in the
concentration Of its ores has run into
millions OF dollars, but the problem Is
being brought nearer TO solution In the
plants of the Federal company than in
any plant In the district IL not In the
entire country, Activity along the same
line IN the Green Hill-Cleveland COM
panys plant is bringing satisfactory re-
suite.
Three processes are IN use in the plants
OF these two companies, The MacQuisten
cepted as practical. is effectIng savings
at the Morning mill OF the Federal COM
pany. its operation being confined TO the
lead silver mines. Among the newer pro
acid tlotation method. At the Green
Hill Cleveland mill, formerly the Stand
ard mill. at Mace. this process is said
TO be successful, The Federal is now
eXperime nting with what is known as
the crude oil method. Tho management
believes that one of the three processes
able addition 10 the milling methods OF
the district and an asset not only in
Occur d Alene producers, but 10 all own
ers OF zlnc-lead properties.
u ne" sIlllJIilS dppdl dluo, tI4NtHtSN ~
q man who has long been student OF
ore concentration i'm the district is be-
ing installed IN The Morning mill. Its
value as q practical device Is unknown.
out those familiar with working model
Of the apparatus claim that II will offer
a new solution for the saving o. the
iiiuEve lime values.
The directors OF the Idora Hill Min
ing company, al a meeting held last week
authorized the Immediate construction OF
a o0-ton mill and a i50-ton aerlal tram
way, to cost Approximately $4,000. The
mill is to be designed especially for the
treatment OF the tdora Hill ores. which
arc silver-zinc. The tramway will be
Of the Riblett type. 1000 feet long. with
4 drop OF 100 feet. IL will discharge
and the ore then will pass over grizzlies
bin from which 1t Will travel through
revolving screen, jigs and rolls 10 the
classifiers and concentrating tables.
The oXcsva ton for the mill was re-
Gently completed and the frs; car %
machinery and two cars OF lumber have
arrived already al Idora station on tho
Murray branch OF the o. w. r.. & NJ.
where the railroad company is installing
r spur for the convenience OF the Tdora
company. The mills is 10 be built in
units, and the plans provide for l6o-
ton structure when the output Of the
mine warrants increasing thc treating
facilities. Power for mine and mill is
20 nc FURNISHED by the Washington Water
& Power company. which has contracted
20 extend its transmission line from tho
hslf mlley. current 10 be delivered by
yu,s
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-02-17
Ore Blocked Out.

There is now enough orc blocked out
10 provide material for the mill for at
least eighteen months without further
development The mine has been opened
to a dcpth Of $40 feet and can be de-
Neloped 100 feet deeper by tunnel on
the vein. Assays made from samples
taken from different parts Of the orc
BODY show that the mill product will
average about 40 per cent lead % ounccs
silver and = good percentage OF zinc. The
property adjoins the Intersta te CallalIs II
group, near Senator ". =. Ciark's sun
set property. and is but 2 short distance
west Of the Hercules.
Good progress Is beinz made in the
driving or the lower tunnel ia the Jack
Waite mine, despite the shortage Of dis
fillate to rim the engine. The tunnel
- being driven by hand work, and the
miners are making excellent time, con-
sderlnS that the formation rs very hard
being mostly quartz and nuartzitc. The
present face OF the drift is estimated TO
be about 5eventy-fiVe feet flom q perpen-
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-02-17
MICHIGAN LETS HOT
COPPER PROCEED EAST

According TO the advccs from the Eos
ton Financial News correspondent at
IIoughtou, refined rock shipments from
the smclters OF that district are going
forward by rail with unusual rapldity
indicating that the great majority OF do
mestic consumers are not loaded with
any large quantities OF copper. In fact,
all OF the smcters in the lake district
seem to DC sending their copper forward
by rail Just as soon as II comes from the
furnaces,
81 visited the Quincy smelter ycster-
DAY" writes the correspondent. "Thev
haven't a single pound Of copper on hand
in their warehouses or Yards and the hot
bars were dumped right into tho freight
cars for immediate shipment The same
situation prevails at the Dollar Bay smell
ting plant when the copper for all OF the
subsidiaries OF the Calumet e T5ecls. is
snelted. They seem to be all sold up
and the coppper is shipped by rail with
out delay. noticed that most OF II was
desiEnated tor domestic consumcrE.