The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1916-05-02

| United States consular service an
stationed abroad. II Is the larges
and most complete foreign CONNER
cial service maintained by any cOun
try in the world, even in norma
times. Recently the work of siftini
and editing the reports on condl
tions and opportunities abroad has
been brought TO "A high state Of ef
ficiency. Hence. Commerce Reports
have come to be Of daily utility tC
manufacturers and merchants who
look beyond the local market at all
The federal reserve bulletin, which
is issued by the federal reserve
board, is regarded as financial bar
ometer that the man OF large affairs
must have on his desk. II was orig
mated for the purpose of keeping
the offices and the member banks of
the system in close touch with its
operation. This Bulletin is issued on
the first of each month and is sent
without charge to the officers and di-
rectors of the system and to each
member bank. 1t reviews business
conditions in each of the twelve fed.
eral reserve districts.
Science has become more and more
the daily and intimate partner of
business. Practically all of the nu
merous scientific bureaus of the gov
Crnment in one way or the other,
touch many business activities. But
perhaps at the present time the
work respectively, of the bureau of
standards, of the department of
commerce and the bureau of mines
of the department of the interior, are
the more important. 1t was the bu
reau of mines which only last year
gave to the country process de.
vised by one of its chemists, DR.. w.
f. Rittman, for the manufacture
from petroleum of benzol and toluol,
used in the manufactures of dyes
and high explosives. This process
has since been demonstrated on a
commercial scale. DR.. Rittman also
devised a process which will enable
retiners to increase the output of
gasoline from crude petroleum 200
per cent or even more, the patent
right to this process to be dedicated
to the public to prevent monopoly.
And if you want to know what's
on the earth or under the earth or
the shape of the earth in the United
States, just ask the Geological Sur
vey, There is constant practical bus
mess need for this information. If
a new railway, electric or steam. is
projected, the engineers before sub
mitting estimates of cost. first send
them for the topographic maps from
the Geological Survey covering the
proposed route.
There are 200 geologists constant
ly at work literally digging out such
facts. Their activities extend into
every state and into Alaska and
Hawaii, and reach every mineral sub
stance from gold to sapphires, not
to mention oil and water. over
100000 square miles, these geologists
have roamed, mapped and reported,
showing the location of coal beds,
phosphate beds, iron ores, gold-bear-
ing rocks and placers, silver, copper,
brass, zinc, limestone, granite, slate.
in fact every kind of precious ana
useful mineral from radium ores and
diamond-bearing formations to COM
mon brick clay. Thus certain econ
omiC facts have been established !
which are of vast importance. For
instance, our total known coal re-
serve is about $500 billion tons, or
more than 1000 times as much as
was mined last year, and our known |
high-grade iron ore reserve Is est- |
mated at ~ billion tons, or about !
$50 times as much as was mined in
1914.