Tonopah daily bonanza. [volume] (Tonopah, Nev.) 1906-1929, 1914-08-04
BEWARE OF THE RooRBAcK.

EXCITEMENT is intoxicating. War times dis
. urb the mental equilibrium of those who piping times of
sober stad reflective They
tanning substitutes for imagine they absorbing
They attention the delicate shading they
distinguish between 1T reported newspaper says
and the cold phy
illustration OF the nsidou reports placed in circulation brought
home to Tonopah last evening with crushing During
afternoon irresponsible agency posted
silver had receded to forty that the
Ionopah would suspend Then deepen the gloom the state
that the supply of cyanide camp oily good sixty
days and that after that period stocks in the United States would
be exhausted and mill in the country would have
The facts that there been quotation silver
July 30 The Silver Exchange closed down that date ps
of the policy that closed other of and finance
and has remained closed The price of silver be fixed until
this body its therefore there any official
quotation The truth that the bullion buyers willing
take all stocks of silver and ADVANCE FORTY CENTS AN
OUNCE pending the fixing of price, when would
forthcoming There quotation of 40
There could be- price prohbory would
closing silver mine the world The point silver
477s December Tonopah
began boarding silver instead of shipping bullion depressed
market Dividends paid from and the stockholders
saved from heavy loss
So far the ultimate price Of silver likely to
be higher than lower with the possibility of rganng
its old status metal although wider ratio than the
6 to of 1893 Any recognition would result advance
there is not much prospect of further impairment.
So it proved with the cyanide question Instead of depending
Germany for cyanide developed that the milling companies
had contracts with the cyanide trust and that all shipments
from Perth Amboy, j. where sodium cyanide manufa
entire country Tonopah protected
and there be any interruption de
should general disruption transportation
threatened by the proposed railroad strike The cyanide
Tonopah made the United States and the quantity used
by the mining relatively insignificant compared with
what absorbed by the fruit The only difference
the whose individual requirements large that
contract while the horticuturs whose
segregated light have rely the open market for
supplies.
The Of clearing house certificates in New York and
indication
in the panic of 1907 hut the contrary wise
the gold the United States The declaration
clearing analogous the action the British par
sspendng the banking which compeS the of
specie Through issuance of clearing house cerf
the chief ports the United States
gold foreign European holders of three
securities may sacrifice them
but they payment gold they accept
certificates which all the useful of
exchange do dpete the gold which
financial system based There shortage of
circulating medium the crop and all legitimate de
viii find conditional and discounts though
progress around the worlds circumference The action
house protection for the people of the
United States from the ravages of Europe.
Europe foodsus of the United States and these
products must paid for gold This will bring about reux
the gold damned by the clearing
will steadily expand every channel industry
this adjusts itself the changed conditions