The Elk Mountain pilot., 1918-02-28
CENTENNIAL STATE ITEMS.

and other substitutes. The new In
depreciation puts the fifty-fifty basis
on weight and not on money value.
The ruling of the national admins
traitor is based on desire for uni
formity Throughout the country. The
instructions provide that for every
pound Of wheat flour sold or pur-
chased under the fifty-fifty plan there
should be purchased equal weight in
wheat substitutes with the single ex-
ception- that as a temporary expedient
potatoes may be considered as
wheat substitute on the basis of four
pounds of potatoes for one pound
wheat substitutes, II other substitutes
are not available"
The annual report of the Portland
Gold Mining Company of Cripple
Creek shows mine operations as fol-
lows: Gross value of ore mined and
shipped. $1.786.971.59; values recov-
cred by Victor mills, $735,979.66, a to-
tai Of $a,5O4.951.25. Milling and min
ing costs were $1.S64 .265, leaving an
operating profit of $640,6 ,6S5.64. There
was revenue of $22.56s.7s from 9TH
er sources. Dividends paid during
1917 amounted to $4,000 a, quarter. or
$36o,0OO for the year. leaving treas
ury balance of $27S,3s0.
Approximately $35O.OOO will be ex-
pended by the state educational in
stitutions for engagements to meet
war requirements during the current
year. Plans for the new buildings
were discussed at meeting of the
heads of the institutions In the gov
ernor's office. The money available
for improvements will be divided as
follows: University Of Colorado. $14o.-
900; Agricultural College. $1OS.OO0;
Teachers College. $4,000; Normal
School at Gunnison. $4,000: Fort
Lewis School of Agriculture, $4,000.
The Gem mine, which has been the
standby of the Idaho Springs district
for many years, was the scene Of one
of the richest strikes ever made In
the district. The Little Four Leasing
Company, which is driving drift east
from the Argo tunnel. broke into
body of ore containing about one foot
OF sylvanite, assays from which show
102 ounces of gold, besides forty
ounces of silver. making the mineral
worth more than $4,000 per ton.
Clarence P. Dodge of Colorado
Springs, who recently withdrew as a
candidate for the nomination for the
United States Senate. has been given
charge OF the western division of the
Y. M. C. A. war work. with headquar-
! ters at San Francisco. He will have
supervision over Y. NJ C. A. work in
all cantonments in his division, which
contain approximately 100000 men.
| Governor Gunter. In cooperation
with the policy of the national govern
ment In its antisocial disease cam
paign, appointed a committee consist
ing of Finlay L. Mcfarland, George
Bergere and H. w. Moore to consider
the recommendations OF DR.. Erlo Ken
| nedy, secretary of the State Board of
Health, for dealing with the problem
in Colorado.
The $1OO.OOO,O0O that Colorado. by
direct taxation and by contribution.
has given to the government for war
purposes will be returned in large
degree to this state through the me-
dium OF federal contracts for war sup
plies to be furnished to the United
States by Colorado manufacturers.
The Cresson Company has paid its
regular monthly dividend of 10 cents
a share, $122,OOO. and with this pay
ment, the stockholders have received
$5,129,162.50 In dividends. Capital
stock, $1.122,0OO.
Miss Maud Morgan of Fort Collins,
who has been in Washington for some
time working as 'tenographer in the
War Department, has been selected by
| Congressman Timberlake as his pri-
vate secretary.
Lessees of the United States Gold
Mines Company. operating the Trail,
w. P. H. and Bonanza mines; the
Damon dump and the company oper-
ating on the Wild Horse, continue pro-
duction on steady scale. In January
the output exceeded 1000 tons OF ore
with an average value of $40 ton,
and gross bullion value Of better than
$4,000.
Denver citizens during 1917 were so
| dry they applied to the county clerk
and recorder for 59.339 permits to OBJ
tain liquor They paid $12.332.52 for
the permits.
The new ore body opened on the
tenth level of the Cresson developed
| to a length of sixty and width of eight
feet, averages over $40 ton through
out.
Notice has been issued by the fed
eral food administrator that all bakers
will be required to use 20 per cent
substitutes in bread and rolls.
More than 100 bean growers OF Nor
oan county met at Fort Morgan and