davidaulloa/AmericanStories huggingface dataset:
The Goldfield news and weekly tribune. [volume] (Goldfield, Nev.) 1911-1947, 1914-02-28
RAINFALL OVER
INCH AND HALF
PRECIPITATION THIS YEAR IS
EXCEEDING ALL KNOWN
RECORDS

The rainfall during the last four
days has brought the total precipi-
tation thus far this year up to 4.05
inches, more than half the annual
maximum for Goldfield. The rain
fall Of this district for the last five
years, according to records kept by
Observer A. Booth at the power COM
pany station, has varied from 5 to 8
inches a year..
The rainfall Of the last four days
measured 1.66 inches, it being also
the total for the month. The great
est precipitation occurred Friday
night and yesterday morning, meas
uring .S5 inches. The total precipi'
tation occurred Friday night and yes
terday morning, measuring .S5
inches. The total precipitation for
January amounted to 2.39 inches,
the heaviest in many years.
Although the cutters of the town
we're we'll filled with rain water Fri
day night and early yesterday morn
ing, the storm caused but slight dam
age locally. Driven by a stiff wind
against the south wall of an adobe
hut on Euclid avenue near Crystal
street caused it to collapse yesterday
morning.
Further south in Nevada the storm
caused considerable damage and, in
consequence railroad traffic has been
somewhat demoralized. According
to reports, a big washout occurred
on the Salt Lake Route, south of
Las Vegas, and traffic is at a stand
still. However, the Las Vegas and
Tonopah railroad, which connects
with the Salt Lake Route at Las
Vegas, has experienced no difficult
ties and its regular trains between
that town and Goldfield are being
operated. 1t is believed that the
w%ashouts on the Salt Lake Route
will have been completely repaired
and traffic resumed by this morning.
On account of a bridge being
washed out at W~iggler's south of
Rhyolite, incoming trains over the
Tonopah and Tidewater railroad were
delayed yesterday in reaching Gold
field. The train due to arrive here
Friday morning did not arrive until
yesterday morning and yesterdays
train did not reach camp until S:3C
last night. The washed-out bridge
was replaced and trains will prob
ably be running on schedule in the
future.
The Goldfield news and weekly tribune. [volume] (Goldfield, Nev.) 1911-1947, 1914-02-28

GEO. j. SOUTHWORTH and wife,
a Manhattan couple, arrived in camp
this morning and are guests of the
Goldfeld.
The Goldfield news and weekly tribune. [volume] (Goldfield, Nev.) 1911-1947, 1914-02-28
NEVADA WONDER
LOOKING GREAT

Col. c. A. Highly, president of the
Nevada Wonder Mining company,
and J. X. Whiteman, a heavy stock
holder in the same company, both of
Philadelphia, Pa. passed through
Fallon Saturday on their way out
from visiting the mine at Wonder,
says the Standard. When asked re-
garding the developments of Winder,
Colonel Highly stated that each days
work tended to further confirm the
company officials belief that the
Wonder mine is really one of the
great mines of the country. He stat
ed that development work was COM
ing up to expectations. The policy of
tibet company has been TO withhold
news of important strikes until such
time as absolute determinations have
been made.
An S5-foot ore-shOot has been de-
veloped by drifting on the 1000-foot
level, 235 feet south of the shaft.
and on the S0O-fOot level 500 feet
north of the shaft an immense ore
body has also beer discovered. The
company proposes to sink to the
1300-foOt level.
So far no sulphide ores, which in
dictate permanence of o~rebOdieS, have
been encountered, but this is daily
expected.
w. B.. Alexander, secretary of the
mine owners association, Nj. b. Cut
tier and w. ID. Forster, Tonopah and
Goldfield railroad officials came
down with Messrs. Highly and White
man in their private car and accom-
panied them to Reno Saturday even
ing.
The Goldfield news and weekly tribune. [volume] (Goldfield, Nev.) 1911-1947, 1914-02-28
LUCKY DEPOSIT Is
APPROPRIATE NAME

With twenty-five feet of a vein of
ore rapidly opening up which aver
ages from s to Is per cent copper
and from 6 to 10 ounces of silver,
prospects at the Lucky Deposit prop
erty at Aurum in White Pine county,
Nevada, are exceedingly encouraging,
according to the mine manager. l..
G. Hardy, who has just received news
covering the most recent develop
'ments, says the Ely EXpositor.
The miners have sunk through
twenty-eight feet of sulphides which
average s per cen copper and six
unces silver. From here a drift
was SEN along the strike of the vein
about sixty feet under the surface.
This high-grade ore averaged Is
per cent copper and ten ounces sill
yer. Figuring the vein at right
angles it shows a thickness now of
twenty-five feet.
The Goldfield news and weekly tribune. [volume] (Goldfield, Nev.) 1911-1947, 1914-02-28
lUBA LEASE BUYS
BIG HOIST ENGINE

The Yuba Leasing COMPANY.
through Manager b. l.. Smith. closed
a deal this week for the purchase of
a 45-horsepower gasoline hoist, SAYS
the Phoebe Record, The plant was
used for a time at Gold Springs,
Utah, but is practically a new one.
Culver brothers will send two four
horse teams to Gold Springs today to
haul the equipment to Modena,
where it will be loaded on the cars
and shipped to Phoebe.
The offices of the leasing company
was moved this week from the
Phoebe Water company building to
the bunk house building erected a
number of years ago by the Nevada
Utah Mines & Shelters corporation,
and located near the No. 5 shaft,
which is to be the main working
shaft fer the present. The new gal
lows frame is in place. and as soon
as the engine is installed, the Yuba
company will inaugurate a very
vigorous campaign.
The roadbed and track of the
Phoebe Pacific railroad company is
to be improved to handle the in
c~reasing traffic from the Bristol
mines. This week Superintendent
Van Wagenen placed an order fol-
three cars of rails. Last week six
trains were run to Jack Rabbit and
return over the Jack Rabbit division
> of the road.
The Goldfield news and weekly tribune. [volume] (Goldfield, Nev.) 1911-1947, 1914-02-28
STOCK EXCHANGE
ARRANGED FOR
PERFECTED TEMPOR AIRY
ORGANIZATION
Special to Tribune.

ROCHESTER,, New. Feb. Is
Ever since the organization of Roch-
ester as a producing camp, there
has been more or less activity in
the sale and transfer of stocks in
productive properties, but these
transactions have been largely o n
fined to local operators. Outside in
quiries and requests or information
regarding Rochester stocks have in
creased so rapidly during the past
two months that a local stock eX-
change was found to be a necessity,
and with that in view, a preliminary
meeting was held recently. Commit
tees were appointed, with instruc-
tons to report at a second meeting
next Monday.
The interesting fact vas developed
production of the Rochester district
during the past year., the first in the
camps history, was somewhat in ex-
cess of $500 900, this figure being
on actual shipments alone, without
taking into account the value of ore
blocked out ready for shipment, and
ore on the dumps. The sentiment
expressed at the meeting was in favor
of a weekly call, so that the trading
in stocks might be regularly and
Systematically handled. John G..
Huntington was elected temporary
chairman, and John McGovern tenn
porary secretary.
The Goldfield news and weekly tribune. [volume] (Goldfield, Nev.) 1911-1947, 1914-02-28
HOLD P0W-W0W,
WILL ORGANIZE
LOW SECRETARY LANES
SUGGESTION

TACOMA, Feb. 21.-Fifty Indian
braves of fifteen tribes of western
Washington, have assembled for a
three days pow-wow to form the
brotherhood of North American In
dams of the Pacific northwest. They
received the idea from Secretary of
Interior Lane. +,
The committee, composed of one
representative from each tribe, will
report a plan of organization. To-
night the pow-wow became an open
meeting. Mayor Seymour and others,
addressed the Indians.
The Goldfield news and weekly tribune. [volume] (Goldfield, Nev.) 1911-1947, 1914-02-28
ORE DEPOSITS
FOUND IN UTAH

In continuance of it's policy of as
sisting in the development of the re-
sources in the metaliferous regions
of the country, scientific investiga-
tions of the geological structure and
modes of occurrence, and their prob
able extent, the United States GeOlog-
ical Survey has published a report
on the Geology and Ore Deposits
of the San Francisco and Adjacent
Districts, NEUTRALITY-SUSPICIOUS. Paper
80.
Brief preliminary inspections OF
these districts we're mad by the late
s.. F. Emmons and by Waldemar
Lindgren, but the detailed study of
the region has been carried out by
Geologist B. S. Butler. Mr.. Buffers
report "a volume of PIP pages, which
embodies results of work distributed
through three field seasons, presents
much general information on the re-
gion and may be considered of es-
pecial interest because it gives a
detailed account of a part of the
Great Basin hitherto only obscurely
known. Mine workers, consulting en-
g~ineers and students of economic and
other branches of geology will find
it of especial interest, boil for its
text and for the numerous clear-cut
and instructive illustrations, which
ipcludn half tnnnc and limo 1ra Winpc
of geologic structure, mineral asso-
Citations, alterations and ore enrich
ment.
The report is not sc conspicuous
for new or radical ideas as for the
presentation of definite evidence
throwing new light on existing the
cries. It's comparisons of the dis
tricts discussed with other districts
are also especially helpful. Another
noteworthy feature is the description
of several minerals, which are new
or unusual or occur in unusual asso-
Citations but which are of consider
able economic Importance in the San
Francisco and adjacent districts.
These minerals, including wurtzite,
anhydrite, plumbojarosite and bea-
verite, are adequately described and
Illustrated, and their origin and sig
nificance are discussed.
The section of the report discus
sing ore deposits of especial value
in showing the relations of the diff
ferent types of ore to one another
and in pointing out the limitations,
both in extent and value, of each
type. The deposits include copper
ores as replacement veins in quartz
monZonite and as contactmetamor-
phic deposits in limestone, also lead
silver ores, accompanied by a little
zinc and copper, as requirements or
certain limestone beds along assures
and as replacement veins in ELUSIVE
lavas. Transition types between the
contact-metamOrphic and silver-lead
deposits in limestone are of especial
interest. The discussion of ore gen.
esis supplies a missing link in the
usual chain of evidence by showing
the genetic connection between typ
ical morozite and orebodies through
transition types of aplitic and peg
matte character. The conditions in
fiuencing alteration of the ores in
the different rocks are next consid-
cred with explanation of chemical
processes and changes in metal con-
tents. and the discussion is illus
trated by some very %istructive half
tones showing minerals in process OF
alteration. The section closes with
The Goldfield news and weekly tribune. [volume] (Goldfield, Nev.) 1911-1947, 1914-02-28

some suggestions as to prospecting
and a well-balalnced consideration
of the future of the region, ncou
aging prospecting and development
in some places and d-iscouraging in
others.
Another portion of the report is
devoted to mine description accom-
panied by plans and sections which
render them especially valuable for
study by all interested in the science
o. ore deposits.
A copy of the report may be OBJ
tanned free on application TO the Di-
rector of the Geological Survey,
Washington, ID. c.
The Goldfield news and weekly tribune. [volume] (Goldfield, Nev.) 1911-1947, 1914-02-28
RENO Is SHAKING

RENO, Feb. pa series of
earthquake shocks awakened the
citizens this morning. The damage
was sight.
The Goldfield news and weekly tribune. [volume] (Goldfield, Nev.) 1911-1947, 1914-02-28
DAMAGE SUIT SETTLED
WITHOUT COURTS AID

A settlement having been effected
out of court, Judge Somers yester-
day. upon motion of Milton NJ.
Detch, attorney for the plaintiff, dis
missed the suit of Mrs. Adelaide
Lange against the Goldfeld Merger
Mines company for $4,000 as dam
ages for the death last August of her
husband as a result of injuries sus-
tanned while employed as a topman at
the property of that company. Hen
ry NJ. Hoyt and Benjamin Henley rep
resented the defendant company in
the proceedings.
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1914-10-14

speakers in expressing confidence In
the new law. The personnel of the
Federal Reserve Board. he said. is such
as to instill confidence In the system
which 1T will direct.
Too much attention, warned Mr.. Rey-
nolds. has been given to the rcdis-
counting feature of the Federal reserve
system. 1t would bea very great mis-
take, he thought. to develop system
in which banks would be encouraged
at all times to rediscount freely for
profit. Such system. he warned.
would be fraught with danger. and
would tend to pcrilous imitation and
expansion of the loan function. While
the reserve act is not without it's
faults, Mr.. Reynolds said. the bankers
graduate themselves that reform
measure of this kind is about to be
! put into effect.
An Informal session followed in
which the subject under consideration
was discussed by delegates from the
| floor. Talks were limited to three min
| utes. 1t was during this period of
I the session that Mr.. WeXler introduced
| his resolution calling for the creation
of commission of twelve to take up
with the Federal Reserve Board the
question Of amcndm ents to the reserve
! act. Mr.. Wexlcr. concluding his argu-
mont for the resolution. digrcsses to
express the hope that the day may
come when all the reserves OF the
, country will be centralized in n single
| separate banks.
MAY NOT BE FULLY ADAPTED
TO LOCAL CONDITIONS
breckenridge Jones. president of the
! Mississippi Valley Trust Company. OF
! st. Louis. and one of the founders OF
the trust company section OF the Amer
lean Bankers Association. expressed
the fear that the Reserve Board may
lay down rules and regulations not
contemplated by the trainers OF the act,
and in this way cmbarrass the State
bank members OF the system.
While it was his belief that the Re-
serve Board Will proceed carefully and
with due consideration for the special
character OF the various member in
situations embraced in the system. 1t
WAS well, he thought. to point out the
danger that is threatened from this
source. 1t would be Il serious mistake,
for example, he said, to apply national
bank yardstick TO a trust company.
! I was not the intention OF tho trainers
of the reserve act, he thought. to i'm
pose such regulations as would prevent
member State banks from doing bust
ness on lines authorized by their State
charters.
Mr. breckenridge. whose bank is al
ready q member of the Federal reserve
system. said that he had no sympathy
with the view that all the banks of the
country should be members OF the re-
serve system. The adaptation of banks
! to the peculiar needs of the various
sections of the country, more than any
other single factor, he said, has made
Tor the great development of the bank
| ing business throughout the country.
To compel all banks to conform to an
infeSible, uniform organization and
policy, he thought. would be to deal
a serious blow to the countrys bank
ing DEVELOPMENT
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1914-10-14

10 come TO- Richmond and had sent n
letter, expressing briefly his views on
this question. 1t was the opinion of
Mr. Reynolds. as expressed In his let
ter, that II would be wise for State in
stitutions of every character to defer
joining the Federal reserve system un :
til 1t has been given n practical try
out.
IL. PARKER WILLIS
MAKES BRILLIANT ADDRESS
II. Parker Willis, secretary of the Fed
eral Reserve Board and associate editor
OF the Journal OF Commerce, New York,
made an address on the subject "The
Future of State Institutions Under the
Federal Reserve Act" II was the most
ambitious presentation of the day. and
the only set speech of the joint session.
Mr.. Willis was much in the lime
light in connection with the prelimin-
aries leading to the enactment Of the
Federal reserve act. He was several
times called in by tho Federal authori
ties as n consulting expert and is re-
Sarded as one of the foremost author
tiles on the new Federal reserve bank
system, In the country. lie spoke for
forty minutes.
The Federal reserve act. said Mr..
Willis, was designed to create n COM
mercial banking system and 1t was al
together desirable, he thought, that
banks, not strictly commercial in
charactey. should keep out of 1t. Such
banks, he said. in complying with the
regulations of the act, would do so at
Il great personal sacrifice and at great
Inconvenience to their patrons.
Mr.. Willis noted. in common with
speakers who followed him. that most
of the State institutions arc on the
margin of doubt whether or not il is
To- their interests to affiliate with the
rev system. While a large number
of these. arc not yet able to qualify
for enrolment in the system because
OF large element OF real estate and
excessive individual or personal loans,
it was also true. he said, that many
banks who could enter, are waiting
until the system is tried out before
taking the step. He had no doubt
he said, that a large number of State
Ganks WIFI enter the system shortly
after II is put into operation.
NOT SUFFICIENT INCENTIVE
TO STATE INSTITUTIONS
The speaker directed attention TO
the absence OF any great incentive cal
culated TO encourage State institutions
to join the reserve system. TOO much
nc thought. has been made of the re-
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1914-10-14
SECTION MEETINGS
BELIEVE CHANGES
ARE IMPERATIVE
lConilnucd I'rom Elrst PMgel

tContlnucu FROM FIRST PaSe.)
mit,ed by Mr. Wexler. who amended
his resolution so rs to require the APP
polniment of II commission of twelve
three each from the three divisions
named in the original resolution, and
three from the state commercial banks.
In this form tho resolution was adopted
by the 500 delegates in attendance
without u dissenting vote.
President Golf suggested that the
commission so appointed, If the general
association concurs in the action of the
joint session, appear before the Fed
eral Reserve Board with the request
OF the American Bankers Association
that it be given access to the plans
and regulations prepared by the board
for tho government of the Federal re-
serve banks, In advance. OF their pub
iication. y familiarity with the regu-
lauons proposed by tho Federal Re-
serve BOARD, he suggested, would
enable 1T TO proceed more intclligcntly
TO the consideration of amendments.
AIR. COTS suggestion was made part
OF the resolution.
The savings bank section at it's after
noon session recommended for appoint
mont to the commission of twelve as
tho representation from this class of
State institutions. w. H. Knox, of New
York: X. &. stevens, of South Bend,
H. and -. T.. Saul. of Washington.
The trust company section will prob
ably name its representatives to-day.
All nominees will be submitted to the
general association for concurrence at
to-morrows session.
. The action of the joint session of the
trust company and savings bank sec
tons Is not binding upon the American
Bankers Association proper, which
holds its initial session to-day. The
Resolution adopted at the Joint meet
ing Will be submitted TO the general
meeting for it's Independent action.
since II is the desire Of those fnyoring
the creation OF such n commission to
constitute IL AZ AN official body dcsig-
mated by the general association, and
not by one OF the suborSanizations
1t IL probable that the resolution will
be proposed at the final days session
OF the general association. Tomorrow
In view of the unanimous approval OF
the savings bank and trust company
divisions. embracing large proportion
OF the registered delegates, II Is regard
ed as more than likely that the general
association Will concur in the plan to
crcatc tho commission
Two set addresscs--both dealing with
! The Federal reserve act and It's bear
ms upun State institutions-wcre on
the joint sessions program. George NJ.
reynolds. president of the Continental
and Commercial National Bank, Chica
80, was On the program for an address
on the subject, What Should be the
attitude OF state Banks, Savings
lianks. and Trust Companies Toward
the Federal Reserve System"
Mr.. Reynolds, II .was announced by
President Golf. had found 1t impossible
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1914-10-14
Program for To-Day
MORNING SESSION.

a:sO a. M.-Couvcntion called to
order by President Arthur Rey-
nolds.
invocation by Rt. Rev. Collins
Church, South.
Addresses of welcome by Gov
ernor Henry {. Stuart. Mayor AIMS
lie and Colonel John Is. Purcell.
Response TO addresses of welcome
ana nhnuni uddrchs of the president.
Annual reports OF nnJor officers
md scctions.
IL NoOn-hddrcss, "Thc VIII of
the People" by Martin w. Litt1ctoD,
AFTERNOON SESSION.
y. M.-Addrcss by Chnries s.
Iinmiin. governor of the Federal
ncscrvc ROnrd.
Address. "T'hc Federal, Reserve
Act" by Congressman Cnrtcr GInss.
ENTERTAINMENTS.
10 A.: N.-snecinI street cnrs will
son Hotel for visit to Richmond
Cedar Works. American Locomotive
Company and Liggett &c Myers To-
bnccO Company.
10 a; VI: 10 +. M;-Automobile
around Richmond. Apply to Infor-
nation Bureau for detailed itine-
rarJ.
i.aO =. M.-Lunchcon to specinIIy
invited Suests at Commonwealth
:30 y. M.--I.uneIieOn to delegates
broad street.
1870 T.. M.-Luncheon for. visiting
= S;3O T.. M.-AIusicnIe, City Audi
torium, by Alma Gluck, sOprano;
AntOniO Scott, baritone, and Efrem
Zimbaiist, viOIinist.
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1914-10-14
MIR. BANKER MAN
THE WELCOME.

The WELCOME.
Welcome MIR. Banker man,
And Mrs. Banker, too;
The city's gntes, the city's heart,
Arc open wide to you.
We want you to enjoy yourself,
The while you finger here,
So TINT you can't resist our plea
TO come another year.
1t isn't often thnt>yye have
SO many of your clan,
Hut, MIR Banker, you nre just
The RichmOnd type of mnn.
we like you md we need you much,
We want to cnlI you friend
SO TINT we MI cnn make n touch
When you have funds to lend.
THE RESPONSE.
We think yon, Mr.. Richmond,
And Mrs. Richmond, too;
We find your gates are open
And your hearts are good md true.
We write the days In red md gold,
The days we're spending here.
Because they are the brightest
In NIL the passing year.
1t isn't often that we hive
A chance to meet your clan;
But we know you when we meet
Gods nobleht typc--a man.
we like you, md, MS brothers,
We elnsp the friendly handt
our henrts nre knit together
God bless our blessed land.
MIR. BANKER MAN. i,
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1914-10-14
HAMLlN WILL ADDRESS
BANKERS CONVENTION

NNo'i'iHueu FROM flrst Pagc.)
",oO0 attended the reception between
the hours of o'clock and midnight.
The big entertainment feature OF to-
day-regardcd by many as the most
important of the whole convention
periods the concert scheduled for
this evening 1T the CITY Auditorium
crowd that will take every seat In
the building is expected. The artists
who VIII appear are Alma Cluck.
soprano; Antonio Scotti. baritone, and
Efrcm Zimballst, violinfst.
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1914-10-14

reserve system, the wish must be re-
gardcd as based on enthusiasm rather
than on knowiedgc.
CLEARING FUNCTION
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1914-10-14

a:3O a. M.-Couvcntion called to
order by President Arthur Rey-
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1914-10-14

Mrs, G. Il. Greene, 704 South Pine
street, was yesterday fined $40 and
raigned on a charge of assauiting and
beating Edward Waldrop, the small
son of Mrs, G. T.. Waldrop The boys
Mrs. Greene. $500 -
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1914-10-14
Aldermen Fail az ouor,,,

- NIucrHen FIJI OF NuOrNW.
The Board of Aldermen failed of q
liam II. Adams announced to those
present that the meeting would be
called on next Monday at s o'clock.
last night were President Adams and
Aldermen Christian, Paul, Mitchell
and Melton.