davidaulloa/AmericanStories huggingface dataset:
Tonopah daily bonanza. [volume] (Tonopah, Nev.) 1906-1929, 1914-12-03
IMPROVEMENTS To
To KEEP UP WITH
STOCK BUSINESS
WESTERN UNION ENLARGEs CA
PAciTY OF OFFICE TO &C
coNMooATE BUSINESS

Russell Wright Gillette. chief cleo
trieian Of the Western Union in
charge Of the Pacific division. is
spending few days in Tonopah
while installing : number Of devices
calculated 10 treble the carrying ca
pseity Of the company's wires be-
tween here and san Francisco and
New York These Improvements
have been rendered necessary By the
sudden demand upon the resources
Of the company ia the way 81 broker.
age business, which ranks as the
heaviest in the records Of the office
The Tonopah office is handling a
larger volume Of stock business than
is handled al Goldheld. notwith-
tanding the fact that the stocks
most active in the list are those Of
the southern camp. This fact is ex-
planned by reason Of Tonopah having
a larger population and also because
this camp jumped into the game be-
fore GOldfeld awoke to the oppOr.
unity. The trading may be under
stood better when il is known THAI
last Monday $50 stock messages were
dispatched over the wires This re-
fers only to messages originating
here and does not take into account
those coming in and paid for at the
filing point This is so in excess OF
what was taken care Of in GOldfeld
although that camp had larger per
centage Of night letters and press
matter
Three additional wires have beer
run into the Tonopah office and w,
new operators added. giving the com
pany ten wires working direct will
the San Francisco stock exchange
The business in Goldfield natural.
has picked up considerably and twi
more operators were brought up iron
San Francisco to keep the bushes
from accommodating The Tonopah Of
flee. under the management OF Fran
H. Lang. has kept the fling hook
clear by working the force in relay
from a. m. to II p m. Even unde
his arrangement the operators wer
called upon for overtime
Tonopah daily bonanza. [volume] (Tonopah, Nev.) 1906-1929, 1914-12-03
MIzPAH VS.. THE HIGH
WILL Be THE LINEUP
SECOND GAME or THE SEASON
WITH THE SPEEDY
STUDENTS.

On tomorrow evening the High
School baskei ball team viii play
their second game Of the season
Rhen they meet the fast quintet OF
the local Mizpah Hill club at the
High school gym The Mizpah boys
are confident that they viii win, as
they profess to have several old uni
yersity stars on their team 1t is ex-
peeted thar John Dynan viii star
for the Hill boys. as he vas reputed
to be the eleyerest forward that To
nopah possessed last season -They
also have another star in the person
Of Walter PIatt.late Of Leadvilie. Colo.
who is one Of the fastest and clean.
est players ever seen on the local
floor lie will represent the clubs al
forward and Tamblyn. the star guard
Of the High school. win have his
hands full filling his position as
Platt's opponent.
The girls. who are making rapid
progress under Miss Swartz as coach
will Flay a preliminary game The
first game viii start promptly at
and a nominal admission fee OF ter
cents will be charged
Tonopah daily bonanza. [volume] (Tonopah, Nev.) 1906-1929, 1914-12-03
H|NDENBURG WINS
UNIVERSITY HON0RS
FOUR DEGREES CONFERRED ON
THE GUIDING STAR OF
THE PRussiANs.
~ A--srInted Press.I

AMSTERDAM, Dec General
Won H.ndenburg. who inflicted dis
astrous defeat on the Russian troops
in East Prussia. has been honored by
the University of Koenigsberg with a
quadruple doctors degree. all four
faculties OF law, divinity. medicine.
and philosophy, having united TO do
him honor
His diploma bears the following in
scription: ITO the supreme leader
Of the Eighth German army. who
completely overthrow and destroyed
the Russian hordes, and in this way
defended his native province and
German culture from barbarian en-
emies. to the immortal ornament OF
the Fatherland"
Tonopah daily bonanza. [volume] (Tonopah, Nev.) 1906-1929, 1914-12-03
STOCKHOLDERS MEETING.

To the Stockholders Of the Tonopah
Laundry Company
Notice Is hereby given that their
will be a meeting Of the stockholders
OF the Tonopah Laundry Company. 70
be held at the office Of the company
at Tonopah. Nevada. on December
r. 1914. at the hour Of O'Clock in
the afternoon of that day. for the
purpose OF electing directors OF the
corporation and for such other bust.
ness as may legally come before such
meeting.
Tonopah, Ney- Nov 2s, 1914
DIP +. S. MASTERS, Secretary.
Tonopah daily bonanza. [volume] (Tonopah, Nev.) 1906-1929, 1914-12-03
ACQUISITION PAPERS FOR
A MAN FROM CALIFORNIA

Lou f. Agnew, special agent of the
state OF California, reached Tonopah
this morning with a requisition for
James c. Leslie, who is charged with
having failed to provide for a minor
child in California Chief of Police
Evans. who has investigated the case,
learned that Leslie had worked Ave
nhifts on the Victor last month and
that he sent the entire earnings back
for the support of the child Attor-
ney Chambers will resist the extradi-
ton in the district court. Evans was
satisfied Leslie was acting squarely
and did not arrest him. merely ask.
ing him to report at his office every
morning.
Tonopah daily bonanza. [volume] (Tonopah, Nev.) 1906-1929, 1914-12-03
Afternoon Sales.

Goldfeld Con- 200, sI57lz.
Jumbo Extension $50. s22o: 100,
sz.271s: 100. s2.25: 100. s2.20: 100.
s217lz; 100. s227iz; TOO. $3.50; 500.
s2.25: 900. 500. 300. sz.z7lz 1900.
s2.2O; 100. t2.l5; 500. $40
Cmbination Fraction-1000. 10.
Booth-1O00. 8: 2OO0. 3: 5000. 8.
Blue Bull-30O0. 5: 1000. 5.
Atlanta 1000. 30; 1000. 81. z0OO
30; 1000. 80; 1000. 81: 1909. 30;
20OO. 90.
Grandma--I009, !.
Merger Mines-l0 1000. 80; 5000. go;
1900, 81: 2O0e. "a: 1000. 80: 200O "a
G. o. D.. 1000, 2. 1000, Q: 1000. .,
1000. s.
SandstOrm-Kendail 1000. s.
Kewanas-2 Ooo. II. 5000. 10; 5000
ls: 1000. Is; 1000. IA.
oro-3OOO. 10: 5000. 10.
Silver Pick-lo0O. Is: 1000. Il
POGO. 70: 1000. IA. 1000, -: 1000
IA; 1000. 10.
spearhead-l000. II: 1000. Is; 1900
Is; 5000. ~ 1000. 10; 1000. Is
1000. IL; 5000. IA.
Great Bend-20O0. 8.
yellow Tiger 1000. 5
Tonopah daily bonanza. [volume] (Tonopah, Nev.) 1906-1929, 1914-12-03
PERSONAL

MRS JOS. T. WILLIAMS. SIR. ar.
rived from her Hot Greek ranch last
evening.
MRS l.. a. BLACKWELL was a
passenger on today's outgoing train
for San Diego. where she will spend
the winter months.
r. 7. KANTERS. a pioneer resi-
dent of ronopah, now travelling for a
Chicago machinery house. arrived
from the east this morning.
WIN. IT, COLBY. associated with
Curtis Lindley. counsel for tie Jim
Butler Mining company, arrived from
SanFranciseo this morning.
Tonopah daily bonanza. [volume] (Tonopah, Nev.) 1906-1929, 1914-12-03

The war and the war tax have no
terror to our bakery We are selling
hft"cn run weight lOaves Of bread for
one dollar Having bought our supply
OF hour from the miller in advance.
we are enabled to furnish Won ND
best and biggest loaf Of bread without
any additional cost to the consumer.
our delicious Fruit Cake viii melt in
your mouth. our own Home Made
Mincc Pies and Cakes of all descrip-
tions are specially Always pleased
TO see YOU. or have YOU Phone Number
Four Hundred and Four.
y. FtBHi, Proprietor,
PFoGrsss bakery Water street
Tonopah daily bonanza. [volume] (Tonopah, Nev.) 1906-1929, 1914-12-03
FORMER ToNoPAH MAN MAKES
FINE RECORD IN OAKLAND

Oakland is celebrating the opening
Of the new inner harbor through the
arrival Of the steamship Admiral
Dewey from Seattle, which was en-.
lbled to dock at the foot of Alice
street This Is great saving to
shippers. as deep sea vessels have
lnloaded across the bay and their
freight has been delivered in Oak
land by the railroad. The work Of
deepening the harbor and providing
wharfage facilities is due TO the en-
ergy of W. w. Keith. formerly of the
ronopah Mining company. who holds
the position of municipal harbor mas
ter
Tonopah daily bonanza. [volume] (Tonopah, Nev.) 1906-1929, 1914-12-03
ooLDFIELo STOCKS.
Morning Sales.


Goldfeld Con.--2OO, $3.50; 500,
$3.50.
Jumbo Extension $3.50; 500.
$3.50; 500. $685. 500. s2.57k; 5000,
$3.50; 500. $3.50; 200. $2.52h; 500,
$3.50; 100, $40; 100. $242A; 100.
s2,45; 1000. s2.471a; 800. $40; 100.
s245; 100. $2.421a; 1000, $3.50; 245,
$2.42h; 500, $2.S5.
Combination Fraction-2O0O. To-;
2OO0 TO-
Booth 5000, 10; 1000. 10; 1000, 81;
1000, 10.
Blue Bull--7OO0. 6; 1000, 8; 5000, 8.
Florence-10O. go; 400. So.
Atlanta $500. SO: 5000, 81 1000,
81; 1000. 80; 1000. 81; 1000, S3; 1900,
"a; 1000. 30.
Grandma--20O0, Z: 1000, Z; 1000, 9.
Merger Mines--5000. IS; 1000, 35;
1000, SO: 1000. s5: 1000, SO; $500 35;
1000, s5; 1000, "a.
GO. D.-4000, 0.
Observation-Disclosures, 0; 5000, .
Kewanas-20OO. 10; 1000. 20; 1000,
20; 1000. 10; 1000, H.
Tonopah daily bonanza. [volume] (Tonopah, Nev.) 1906-1929, 1914-12-03
RALPH p. BURRIs AND
MISS GARRETT MARRIED

Ralph p Burris. formerly OF Tono-
pah, and Miss Lulu Garrett. OF Gold.
field, were married Tuesday evening
by Father Dermody The ceremony
aas Witnessed by Miss Annie Sander,
son and George Carol. the latter be
ing the only friend let In on the
secret The groom, Familiarity known
as Bubbles" is employed by the
Tonopah & Goldfeld railroad The
couple will make their home in Gold.
field.
Tonopah daily bonanza. [volume] (Tonopah, Nev.) 1906-1929, 1914-12-03
CARD OF THANKS.

We wish to return thanks TO the
many friends who expressed their
sympathy in our recent bereavement
and especially TO the ladies Of the
choir whoNgaye their services at the
funeral.
MRS. ]. P. JONES AND FAMILY.
Tonopah daily bonanza. [volume] (Tonopah, Nev.) 1906-1929, 1914-12-03
MINING MAN SUED FOR
BREACH OF PROMISE

Ella Coburn, of Lovelock, Nevada.
temporarily living in this city. says
tho San Francisco Chronicle, began
suit yesterday for $4,000 for breach
of promise against ]. c. Brecken-
ridge, mining man, formerly of the
Nevada town. Miss Coburn claims
Tonopah daily bonanza. [volume] (Tonopah, Nev.) 1906-1929, 1914-12-03

their troth vas plighted in Angus
1857.
The W0mzn says she gave her
ssnce 1850 10 buy a bungalow. adj
razeHd sle0 10 free him from a
charge made By Mrs Dixie Lee Flick.
and in other ways showed her love.
Tonopah daily bonanza. [volume] (Tonopah, Nev.) 1906-1929, 1914-12-03

The loo store has reopened with a
full line OF Teddy Bears. Character
Dolls Musical Instruments and Xmas
Novelties See what you can do with
dime, Dist
Tonopah daily bonanza. [volume] (Tonopah, Nev.) 1906-1929, 1914-12-03
STOCKS

The following are the closing stock
quotations.. and the record Of the
days sales, a. received from the
san Francisco stock exchange this
afternoon BY Broker H. z. Epstine:
Tonopah daily bonanza. [volume] (Tonopah, Nev.) 1906-1929, 1914-12-03

MISCELLANEOUS.
ToNoPAH STOCKS.
Morning Sales.

MacNamara--50O0, s; 1000. 5.
Midway 1900. 10
BelmOnt--30O, $4.e5.
North Star-2O0O. IS; 1900. Is:
1000. B-3O. 10; 1000. IS; 1000. 49,
Mizpah Extension--50O. 81.
Tonopah Merger-400, 40; 1000, 80;
1900. 40: 1000. 40: 500. 80.
Umatilla 10000. /: 5000, /
Cash Boy--l000, 4.
Tonopah daily bonanza. [volume] (Tonopah, Nev.) 1906-1929, 1914-12-03

The 10c store has reopened with a
full line of Teddy Bears. Character
Dolls. Musical instruments and Xmas
Novelties See what you can do with
a dime. Diet
Tonopah daily bonanza. [volume] (Tonopah, Nev.) 1906-1929, 1914-12-03
TEMPERATURE REPORT.

Highest temperature yesterday, 3S;
a year ago, rs.
Lowest temperature last night. 90;
a year ago, II.
Tonopah daily bonanza. [volume] (Tonopah, Nev.) 1906-1929, 1914-12-03
MISCELLANEOUS STOCKS.
MorninQ Sales.

Manhattan Con 1000. 5. 1000. 8.
Round Mountain 1000, IS: 1900, 50
Pjttsburg Silver Peak 100, 1G:
5000. 10; 5000. 16.
Tonopah daily bonanza. [volume] (Tonopah, Nev.) 1906-1929, 1914-12-03
g 0rnnuIaicd Eyelids.
nK Eyes inhamed by expo
sure TO Sun, Dust and wind
Eyes y: ; :: : s:: s$ .'' 4

Your Druggists SOC per Bottle. Murine Eye
SAlvein Tubes 2sc. For Bsek siths EyeFFseask
Druggists OF MuElss Eye Remedy Co.. chicaas
Tonopah daily bonanza. [volume] (Tonopah, Nev.) 1906-1929, 1914-12-03

G. c. McATEE arrived from Roch-
ester on today's incoming train from
Reno.
Tonopah daily bonanza. [volume] (Tonopah, Nev.) 1906-1929, 1914-12-03

WOOD, coal and express signs for
sale At tue Bonanza Office.
Tonopah daily bonanza. [volume] (Tonopah, Nev.) 1906-1929, 1914-12-03
Afternoon Sales.

Midway-l5OO. 9.
Belmont--400. $3.50.
Jim Butler-1O00. rs.
North Star--1OO0. H.
Halifax 500. 35.
Cash Boy--2000, 3.
Tonopah daily bonanza. [volume] (Tonopah, Nev.) 1906-1929, 1914-12-03

FOR SALE Horse and buggy. Apply
Phoenix roOming house, issNs03t
The Washington herald., 1914-12-20
2dera1 Reserve Bank Act a Success
Prominent Bankers of Washington Expect Big Things the New Sys
Commercial National Bank
Enjoys Enviable Record

! The Commercial National Bank, in all
important essentials OF its business, holds
proud position among the banking insti-
important POINT Of service rendered to
patrons ii yIelds Precedence to none.
hanks usefulness to its clientage Is
evidenced by TIE manner in which It is
used. by the service it is called on to
give and by its growth in deposits and
importance in the financial business of
its community.
Year after year. during the ten years
of its existence the Commercial National
Bank has increased its facilities for the
accommodation Of its customers: year
after year the customers have increased
, their deposits until the acme has been
reached and the six million dollar mark
has been passed.
This mark Of confidence. gratifying to
the officers of the Commercial National
and to the directors, is its greatest asset.
a good wilT' beyond value. without
which its capital would be powerless to
produce returns and which promises a
continued growth and further prosperity
for the institution.
With resources Of over 1900. 900. with an
aggressive personnel managing the bank.
there is no predicting the service which
this bank may some day render to the
business interests OF Washington.
Entirely in accord with the Treasury
Department, accepting the guidance of
the Federal Reserve Board: contributing
to the various public benefit movements,
the gold poor' for the control Of the
foreign exchange movement, the cotton
pool" for the aid of Southern banks, go
ing a step further and establishing
branch banks on the Panama Canal zone,
at Balboa and Cristobal, for the further
ance Of business in that section. the
Commercial National Bank may well lay
claim to be up to date and enterprising.
Its board Of directors comprises a full
score of Washington business men, as
surfing a control familiar with every fea-
ture of business life in the Capital
Its active management is in charge
OF its president, Ashton G. Clapham: its
vice president, James A. Cahil, and Its
vice president and cashier, Tucker X
Sands. three able executives, each trained
in his chosen calling, each giving his
every effort and his entire time TO the
affairs of the Commercial National.
None OF these officials Is a member Of
any stock or grain or other exchange.
All are enthusiastic over the success that
has crowned their efforts and in this re-
spect they are followed by every men,
Der of the large clerical force Of the in
stitution.
With a ca-ital surplus and undivldCd d
profits OF over S.3f0,OO0, with deposits OF
over 81, 10000. With ablr capable officials.
and an es rit de corls that makes for
success, tn Commercial National Bank
stands toda". safe. sound, progressive,
full OF con delce in the futurs Of the
United States IN the City o. Washington
and itsol. will ever aim to be loyal
to IT, motto-"The Bank OF Personal
Service.r
On this slogan It has won high rscog-
milton.
The Washington herald., 1914-12-20

greater in crop moving periods than al
other seasons, whereas, It Is of course i'm
possible quickly to increase or diminish
the amount Of currency based on United
States bonds purchased by the banks
and deposited with the Treasurer Of the
United States. To remedy this the new
law provides that this old bond-secured
currency shall be gradually retired Tin
twenty years) and that its place shall he
taken by a currency which shall be
responsive to public demands, by being
readily increased or diminished accord
ing as business requires
The intent of the law is that the normal
banking business OF the country ii. e.
the lending of money for commercial
system on the basis of capital invested
and share OF the money - depositors.
1t is assumed that if the normal business
be done on this basis, then 1t will only be
necessary to take care OF the increment
OF business Which comes in times of stress
or in crop-movi1g periods through some
other machinery. The currency Issuing
function OF the new banks provides this
machinery. II gives each district central
bank the right to accept from members
commercial paper upon which these mem-
ber banks have loaned money to their
customers as the basis for the issuance
of currency. The character Of this loan
paper must be defined by the Federal Re-
serve Board; II must represent the actual
purchase or sale Of produce or commodi-
ties and must run only a short period Of
time mot exceeding six months). Under
this system it Is to be expected that be-
The Washington herald., 1914-12-20

tween January and May In normal years
the amount OF Federal reserve currency
outstanding will be comparatively small:
that from May onward il viii gradually
increase and reach maximum volume in
October. the height of the Crop-moving
season. and from this peak il will gradu-
ally diminish again until January l. In
other words, the ca; tai invested il the
banks, plus. say, 30 per cent of the money
OF the depOsitors in the banks, will rep
resent the fund which is constantly loan
able for ordinary purposes. whereas when
the demands OF business increase and
these demands are beyOng the require
ments of normal conditions added funds
can be supplied by the application OF the
redistricting privilege of the member
banks through the district reserve banks
and the issuance of Federal reserve cur
rency. In other words, this reserve cur
rency affords the necessary shock alb
sorber. The idea. while new is not un-
tried 1t Is based upon the experience OF
European countries and has been devel-
oped largely in emergencies here as the
only safeguard which has been found
effective in recent panics. eve refer. of
course, to the issuance OF clearinghouse
certificates between banks based on the
rediscount by clearing houses Of CONNER
cial paper of constituent banks)
The foregoing gives but a brief and
necessarily inadequate comprehension Of
the functions of this great piece OF legis-
latiOn. At the same time it may serve
to point out what the business commu-
nifty is looking forward to with SO much
hone
The Washington herald., 1914-12-20

vide an effective shock absorber which
will take care of sudden demands, such
as come in times of panic;
Tihrd-AnOther very important feature
in the new banking system is in the clear
ing relations which are created by IL.
Under the system which has heretofore
been in effect, some sixty cities had
clearing houses and the method of clear
ing checks through these clearing houses
which stiIl left many country bank items
to be handled separately was costly to
the banks because il was complex. Banks
which had to pay dearly for collection Of
out of town items sought to reCoup
themselves by charging dearly for the
payment of items, and II was a race be-
tween them as to who could collect most:
the result being that the customer OF
the bank as well as the business COM
munity suffered in consequence. The
new act provides that any member bank
within a district may clear at par
through the central bank OF that district
any check OF any other member bank;
and as the reserve bank carries an ac-
count with every stockholder bank, the
clearing of checks becomes a very simple
operation. At the same time the clear
ing Of checks between one district and
another. while involving a somewhat
more difficult question, Is simplicity it.
self, compared with the old system, be-
cause there are only twelve districts,
each OF which keeps an account with
every other: whereas, under the old sys-
tenn there were, say sixty clearing houses
and a. great many country banks not
connected with any clearing house;
Fourth-A highly important but little
understood feature Of the law is the pro-
vision under which currency will be is
sued. For the last fifty years, our Ma
tonal bank currency has been based
wholly on United States bonds. This
was under the provisions Of an act
passed during the civil war and 6 chief
object OF it was to create a market for
United States bonds. The law was high
ly effective in its purpose. but from the
STANDPOINT OF the banks of the country
1t has proved an exceedingly objection
able system, the reason being that the
demand for currency fuctuates with the
ebb and flow Of business and is much
The Washington herald., 1914-12-20
Acts as Business Shock Absorber, Says
Frederick DelanO

The Federal Reserve Banking System
created under the provisions of the act
of December .. 1913, opened for bust
ness on November 16, 1914. 1t will prob
ably be the 1st OF January before every
thing is running smoothly, but already
the pessimistic views held by many bank
ers and business men in regard to the
prospects under the law have given place
TO optimism, and many who eweTe oppon-
ents of the measure at one time are will
ing to admit that il is at least 80 per
cent good. We hear Oh all sides the
statement that II the administration Of
the act can be kept in strong hands and
free from partisan politics 1t will be a
great success.
The whole nature Of the provisions of
the act Is so technical that the public in
general necessarily understands it but
little. Even a large majority of the
bankers have a very incomplete under
standing OF it. Two generations of bank
ers have been educated under an entire
ly different method and il takes time for
thep to understand this new method.
However, il was the intention of Con-
gress in framing the new law to adopt
one which, while far-reaching in its ef-
feet, would be sufficiently adjustable to
the existing conditions not to cause any
revolution in banking methods. Thus,
for example. it will take three years for
all the provisions of the act to come into
effect and yet, each step in the process is
SO gradual that there should be no seri-
GUS Inconvenience either to bankers or
their customers.
In answer to the oft repeated query as
to where the great benefits will come
from the new banking system, it may be
stated briefly that these benefits will
arise:
First-Tn the grouping of National
banks of the country around twelve CEN
trail or district banks, which gives the
500 to 1000 banks in each district the
machinery for effective cooperation;
Second-There is a very important re-
lease of reserve requirements, and yet
the entire system is made safe because,
by following the banking experience of
European nations as well as our own,
We have brought our gold together to
twelve, centers in such a way as to pro-