davidaulloa/AmericanStories huggingface dataset:
Grand Forks herald. [volume] (Grand Forks, N.D.) 1916-1955, 1919-06-02
UNNECESSARY LOSSES

Fire losses in the United States during 1918 aggre-
gated 1920, sos, ss5, according to a report made by the
National Board of Fire Underwriters This is the heavi-
est one years loss in the history Of the country, with the
exception of 1906 when the San Francisco earthquake
and conflagration caused the. figures to rise even higher.
Last year there were no great disasters, except the
northern Minnesota forest fires in October estimated to
have caused $50, 100000 damage. Serious fires caused by
enemy activities were comparatively few, due probably
to the unceasing vigilance of the authorities, and SO the
conclusion is that the greatest number of fires must
have originated in conditions which could have been
easily controlled.
AS usual, it is found that carelessncss and neglect
are the principal causes Of fires: persons who ignored
the most elementary precautions in handling fire, were
responsible for most Of the destruction, wrought by
flames. carelessly handled matches and cigarettes bear
a large part Of the responsibility for the enormous
amount representing fire damage through the country,
and, in addition, laxity in enforcing the laws and rules
governing the use and transportation Of inflammable
substances, is given as one of the conspicuous reasons for
fires.
1t is a peculiar fact that the sad lesson of destruc-
ton will not impress the average man until.it is applied
to. him individually, and when he finally REALIZES the
urgent necessity Of being careful, It is often so late that
he must begin anew at the bottom rung of the ladder in
order to retrieve the losses imposed upon him by his own
Indifference.
For several years authorities in nearly every state
have been attempting to educate their respective com
nunities with a view to minimizing the danger Of fire,
the presumption being that practically all losses are un-
necessary and %avoidable. with the inconspicuous 3excep-
ton Of fires Of incendiary origin. But when one con-
siders the statistics compiled for last year, it looks as
though all safety propaganda has been in vain. 1t isn't
a matter Of new legisla ton. but Of personal prudence and
a sense. Of Individual responsibility, and the Improvement
OF . highly discouraging uation>therefo lies in the
hand Of every single man. woman and child fhrouobout
the country.
Grand Forks herald. [volume] (Grand Forks, N.D.) 1916-1955, 1919-06-02
AUSTRlA,S DAY or DOOM

aS& Much emphasis 49, placed upon the fact that the
AuatriAn peace d~eleSataon recently arriving at Paris was
reSSsisssd hi the representatives Of the Allies with rather
nasksd courtesy dpubly apparent n contrast With the
sSxAagvl6 csrrsnonses dtspayed apoa ne Arrival 81 the Ger
Mas dsJsssti6n. me purpose - the Adherence. was not
~ sisar unlsss 4 vas - dsznonstIsss he assumption
Grand Forks herald. [volume] (Grand Forks, N.D.) 1916-1955, 1919-06-02
"0"

Dave Noel. a bog OF the New York
streets, stood shivering before the manA
sion Of the Bruces, h while a YER. well
talked to him. He was cold and she no
ticed that his feet were poorly covered.
70 she took of her satin shoes n
could demonstrate, h had plunged into
a carriage and, with two women. was
whisked away. A man raw the little
drama and gave Dave ten dollars for
the shoes. He went to q cheap restau-
rant. ate n slept and woke with a very
definite plan in mind.
The boy: remembering q sailor he
once ono helped: hired out on The Msy &C. Gil II
Janeiro. He determined to settle in
Brazil q max a record. A Brazilian
baron. who taught him the Portuguese
One day he determined to remain in
Brazil and set out for himself, but he
started on n more voyase to Boston.
we Sosi r e is d e 20 New e NJ York fo snd inn
medtately began his search fSr the Girl
Of the shoes. He did not wait long be
fore her home. He stopped her a. she
fish energy and enthusiasm. told her
what he had done and that he was com
ing back for her when. h grew up: He
th cprey = p sraee, in seh ner e.nd' 10 and nf ess:
years FOR murder. sat in a dirty cell in
the prison Of Rio Nabucco. resorting to
many things to keep from going mad.
Presently, az old tFusty sits down oppo-
site his cell to tell him of n adventure
with he andillo. Dom David Noel.
David Noel vas the hero of the story.
and to Bruce's surprise Noel appeared
before him shortly after the tale ended.
Noel promised to parole him and hire
him as an engineer. Later. Benito. An
Indian, came to the prison for Bruce.
asked where they were going. the Indian
replied. home. to the house Of the Lit
tie Shoes"
Benito and Bruce arrived finally At
the house Of Noel. Upon each pillar Of
the massive gates, Bruce saw q beauti-
fully carved chi1d's shoe, but could get
no explanation Of this within Of the mas
oll2rferS in the hf1 naNS{on-
Grand Forks herald. [volume] (Grand Forks, N.D.) 1916-1955, 1919-06-02

him, looking into the other mans
ewes. He had yet t o become accus-
toned to the swiftncss OF Noeis
methods.
Goodnight" he returned. incapa-
Bile Of more adequate speech.
He continued to stand on the pai-
cony, watching the lightness ana cas-
Of movement with which Noel cstt.eo
himself. When the door ciosea oe.
hind him, Bruce turned ms sianSe
around the pleasant room whe'c ie
was to stay.
He began to comprehend why tne
gate stood open with security berore
the House of the Little Shoes.
CHAPTER VI.
THE INSIDE OF THE HOUSE. j.,
His nrst week in the house OF Day
Noel passed in a dreann-hke maze; 1oi
Corey Bruce. The change had oeen
too sudden. HI would awake IN the
night, %clutching at the cool linen
sheets and gasping in his dread OF
finding the unclean prison bed pc
meath him. At first. he would avg
to switch on the night-lamp placed
on a table beside his bed, and SIT
greedy breaths of the air that drifted
in from the garden loaded with
sweets. Perhaps he would have 10
rise and walk about, or cool ms
parched lips with water from the
carafe that stood near the lamp, be
fore he could succeed in dissipanng
that wild panic and sleep again. But
sradually these a~wakenings became
less frequent. and their effect less
powerful. After a. few nights, he
found it sufice to move on his pillow,
or look toward the windows where
white tropical starshine made the
darkness luminous.
Throughout the rest Of his life, he
never learned to sleep in a room with
Grand Forks herald. [volume] (Grand Forks, N.D.) 1916-1955, 1919-06-02

Harry q. Hawkers attempt 10 explain that he didn't
mean to sneer At the American naval aviators who sue
~cesfuily, crossed the Atlantic ocean looks more like a
forced apology than 8 rsal sxplanation.
Grand Forks herald. [volume] (Grand Forks, N.D.) 1916-1955, 1919-06-02
CLEVELAND JEWS
PROTEST AGAINST
TROUBLE IN POLAND

Cleveland, Ohio, June with
untitled drums and with every march,
nr wearing black blands or mourning
garments, approximately $4,000 Jews
paraded through the down town sec
tion Of the city today in protest to
the alleged %anti-Jewish persecution
in Poland and Galicia. Many stores
and factories closed during the after
noon, the Jewish working people OBJ"
serving a half holiday Of mourning.
Denver.-The lowest June tempera.
ture-se degrees-in the history OF
the weather bureau here, was re-
corded SUNDAY. \ heavy snow fell.
Evening star., 1919-05-01
$2.z5 and $3.50 Qualities in
Women's Kid Gloves at $1.5O

These are broken sizes of fine grades
of washable Kid Gloves, worth $2.25 to
$3.50 pair Color assortment is incomplete,
but values in the lot are wonderful at $3.50.
Glove Dept.-Street Floor.
Evening star., 1919-05-01
Umbrellas at $1.95

Women's S-rib American taffeta (cotton)
umbrellas mounted strong paragon
cord loops. Complete with case. Friday
only at $1.06.-Bargain Basement.
Evening star., 1919-05-01
Millinery Roses, 35c
Bows Wash Suits, Sl.65

About 800 suits in latest models, in
cluding short Russian. Tommy Tucker.
Junior Norfolk and Oliver Twist. or fast
color chambrays, twills, repps, galateas.
percales. peggy cloths. etc. Sizes TO
s. $195 to s2.95 values. Friday only
AZ Third Eloor
Evening star., 1919-05-01
Boys Suits at $3.95

About so Norfolk suits Of cass,meres
and cheviots: full lined knickers. Small
sizes to 8. Some were marked up to
$685. Friday only, s. 95-Th.rd Floor.
Evening star., 1919-05-01

Organdy Collars, Vestees and
Sets-for Friday Only, Csc Ea.
In white and colored organdy: attrac-
tive styles These are actually worth 59c
each. AS a remarkable special for one
day only, Friday, at 25c.-Neckwear Dept
Street Floor.
Evening star., 1919-05-01
Wool Sweaters Worth to
$3.50. FRIDAY at $40

Women's silk crepe de chine Chemise.
with lace yoke and ribbon straps over
shoulder; some with colored hand en-
broidery. Friday only at s2.29.-Third
Evening star., 1919-05-01
Bows Knickers, $1.25

S1.5O value Government Khaki Knickers,
with watch pocket. belt loops and button
bottoms. Sizes to II. Friday only. at
S125-Third Floor.
Evening star., 1919-05-01
Cotton Crepe Gowns, ST

ished with neat embroidery edge; requires
no ironing. Friday only at S1.-Third
Floor
Evening star., 1919-05-01
89c Yard Ribbons, 63c

Persian. Dresden, Moire and Satin Rib
bons. to inches wide. Mil ends
lengths Of less than ten yards. Friday,
at CSC yard.-Street Floor.
Evening star., 1919-05-01
HOUSEWARES

Machines, $6.8S
$500 Water Power Washing
Machines, S10.0S
s1.00 Roll Mothproof Tar Paper.
Csc
Evening star., 1919-05-01
Envelope Chemise at 81

OF nainsook in white and pink. Ella
borately trimmed in laces of various pat
terms, finished with ribbon straps or arm
hole All sizes. Friday only at $1.-
Third Floor,
The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1919-10-30
NOTICE OF ASSESSMENT.

Office of the Big Elk Mining Com
pany. Wallace, Idaho, october g.
1919.
Notice is hereby given that al
a meeting of the board of directors OF
the Big Elk Mining company, held on
the It'll day of October, 1919, an as
sessment of one Q) mill per share
was levied upon the outstanding cap
ltal stock of the corporation, payable
on or before the 18th day of Novem-
Der, 1919, to A. H. Featherstone, sec
rotary treasurer Of the company, at
the office of the company, namely, the
office of A. H. Featherstone, in the
Gyde-Taylor building, Wallace, Ida
no.
Any stock upon which this assess
ment remains unpaid on the 18th day
of November, 1919. will be delinquent
and advertised for sale at public auc-
ton, and unless payment Is made be-
fore, will be sold on the 9th day of
December, 1919 to pay the delinquent
assessment thereon, together with the
costs of advertising and expenses OF
sale.
PETER PETERSON,
President
A. H. FEATHERSTONE,
Secretary Treasurer of the Big Ell;
Mining Company; Clyde Taylor
Building, Wallace, Idaho.
O9-N6-5t
The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1919-10-30
NOTICE TO CONTRACTORS.

Sealed proposals will be received by
the Commissioner of Public Works Of
the State of Idaho, at the Office of the
Commissioner Boise, Idaho, until 200
o'clock p. m. on the 14th day of No
vember 1919, for the construction CT
32'x18' Concrete Bridge over Moon
Creek, three miles from Kellogg, in
Shoshone County.
Bids will be opened and publicly
read at the above stated hour.
Plans, specifications, form of con-
tract, proposal forms and other in
formation may be obtained from the
director Of Highways, Boise, Idaho, or
from the Division Engineer, Bureau of
Highways, Occur d'Alene, Idaho.
All proposals must be made on the
forms furnished, and must be signed
by the bidder with his address.
The right Is reserved to reject any
or all bids, or to accept the bid or
bids deemed best for the State Of
Idaho.
No bid will be considered unless ac-
companied by certified check on
some bank in the State of Idaho
made payable to the Commissioner of
Public Works, in the amount Of per
cent of the total amount of the bid.
This certified check Is to become the
property of the State of Idaho, not as
penalty but as liquidated damages, If
the bidder upon acceptance Of his
bid, fails or refuses to enter into a
contract, or to furnish the required
surety bond, within ten days (not in
Guiding Sunday after presentation of
the contract by the Commissioner of
Public Works to him for execution.
A bond with surety company, au-
thorized to do business in the State
of Idaho, and satisfactory to the Com
missioner Of Public Works, will be re-
The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1919-10-30
NOTICE OF LOST CERTIFICATE.

To Whom 1t May Concern:
Notice is hereby given that the UNI
dersigned has lost or misplaced the
following certificate of stock: Certif1-
cate No. 500 for six hundred twenty
five (625) shares Of the capital stock
of the ST. James Mining Company,
Limited corporation organized I'M
der the laws of the state Of Idaho.
said certificate standing in the name
of w. B. Hussman on the books Of the
company
All persons are hereby warned
against negotiating or attempting to
negotiate the above mentioned certif-
cate, and unless the same Is recov
cred within sixty (60) days from the
date hereof, application will be made
to the secretary Of the st. James Min
ing Company Limited for the issu-
ance of a new certificate of like
amount in its stead.
w. B. HUSSMAN.
O2-N27-9t Cottonwood, Idaho.
The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1919-10-30

CONTINUED on Page ~
The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1919-10-30
Sherman Avenue, Occur d'Alene,


Idaho.
Notice is hereby given that at a
meeting OF the directors of the Royal
Mining company, held on the END day
of September 1919, at the office OF the
company at Occur d'Alene, Idaho, an
assessment of two CD mills per share
was levied upon the capital stock OF
the corporation, payable on or before
the 9Th day of November, 1919, to
Soren Simonson, secretary of said
corporation, box 512, Occur d'Alene,
Idaho.
Any stock upon which that assess
ment remains unpaid on the said 9Th
day of November, 1919, will be delin-
quent and advertised for sale at pub
lie auction, and unless payment Is
made in full before, will be sold on
the 5th day of December, 1919, at
700 o'clock p. m. at the office of the
company, 222 Sherman avenue, Occur
d'Alene, Idaho, to pay the delinquent
assessment, together with the costs
of advertising and expenses of sale.
Dated September %, 1919.
SOREN SIMONSON.
BY Soren Simonson, Secretary,
TAB Military Drive O2-30-5t
Secretary, Occur dAlene, Idaho.
Attest: (SeaD
The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1919-10-30
Federal Taxation of Mines.-.A Notable
Discussion of Vital Concern to
Mining Industry

others. For them. any other method
Is likely TO be less reliable and less
fair obviously, also, valuations SC
determined for such mines will be the
most reliable group of valuations OF
all that will be established There
fore, 1t seems to ME logical to value
those mines by the present value
method, to which it will directly APP
/ ply, in order to establish certain
standards or yard sticks by which to
determine valuation of those mines
for which less and less of the neces-
sary data are available.
Let me illustrate why this method
=, OF comparing with a standard is de-
rsirable and permit me, if you please,
to use by way Of illustration both
here and hereafter examples from the
copper industry with which | am
most familiar A given porphyry
copper deposit may be producing
,l00,OOO,OOO pounds per year at a gross
profit of &c per pound and may have
an indicated life at that rate of 30
years and a past history of success
full production behind it of or 10
years. A limestone formation may
likewise be producing 100,O0O,00O
pounds of copper per year at the
same gross profit of &c per pound; it
may have a successful producing rec
ord behind it of 80 or 40 years, yet
have actually developed ahead only,
say, 3 years ore supply. Is the por-
,phyry mine to be valued on the 30
year life basis and the mine in lime
stone to be valued on the Swear life
basis? obviously not. How, then, is
the limestone deposit to be valued?
Will not it's true value be best arriv-
ed at by applying certain properly
determined factors to the value in
Dictated for the porphyry mine-fac-
tors that will take into account its
greater risk in ore continuance or
life persistence and that will make
reeded provision for such other
changes or differences as past eXper-
ience has shown are likely to arise
as between limestone mines on one
hand and porphyry mines on the 9TH
err?
If this conclusion is sound, it fol-
lows that the present value method
will be the keystone of the valuation
sections work and that a series of
modifying factors must be establish
ed which will bring other mines in
to proper balance with those to which
the present value method can be ap-
piled directly and without modifica-
ton. Right here, in my opinion, lies
the keynote and crux of the entire
valuation job. If series of factors
or indexes can be established that
are practical, effective, and fair, the
problem is going to he simplified i'm
,mensely. Let the mining companies
contribute, through their technical
STATS, all the help that they possibly
can.
If the present value method is to
be extended to the great majority of
cases of valuation, as just indicated,
there arises a multiplied obligation
that it be applied in an absolutely
logical and proper way, and with all
reasonable exactness. Inasmuch as
the method, at it's very starting point,
relies on factors such an tonnage and
The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1919-10-30
NOTICE OF ASSESSMENT
Office OF the Idaho a. Los Angeles Mi
ming 4 Milling Company, Wallace

Office OF the Idaho 4 Los Angeles Mi
ming 4 Milling Company. Wallace
Idaho, October Is, 1919.
Notice is hereby given that at 6
meeting of the directors of the com
pany, held on October Is, 1919, an as.
sessrnent of five 90 mills per share
was levied on the outstanding capita
stock of the company, payable on OF
before November Is, 1919, to Alfred
j. Dunn, secretary treasurer, at the
office of the company. AIS Bank street
Wallace, Idaho
Any stock upon which this assess
ment remains unpaid on the 10Th day
of November, 1919, will be delinquent
and advertised for sale at public auc-
ton, and unless payment is made be-
fore will be sold on the 18th day of
December, 1919, to pay the delinquent
assessment, together with the cost of
advertising and expenses of sale.
ALFRED J. DUNN,
O16-N13-5t Secretary.
The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1919-10-30

(By l.. e. Grafton before the Amer
lean institute Of Mining and Metal
luigicai Engineers. Concluded from
last issue VI the Miner).
AS already pointed out, the latest
revenue law provides three ways OF
arriving at the value OF mining prop
erty, namely:
l. The cost, if purchased on March
|, 1913, or later.
2. The market value as of March
/, 1913, If purchased earlier.
3. Re-valuation as Of March /,
1913, or since purchase subsequent to
that date. new discovery in improved
ground results in value dispropor-
tionate to the value prior to oiscov-
cry.
Most of these methods are methods
of indirection. The method or meth
DDS which l trust may be followed in
the present attempt to apply the tax
laws to the mines should be methods
as direct as possible, that is, engin-
eering methods. Stock market quo
tations may, under some circum-
stances, afford rough check on val
uations arrived at by more direct and
reliable methods, but in themselves
can ordinarily be given little weight.
Mines, since they are of diminish
ing value in proportion as they yield
return, have to be valued by estim-
ating the total earnings and the total
life, and from these working back to
such a valuation as will afford a de-
nanded annual rate to cover profit
and risk and will be itself returned at
the end of the estimated life by a
sinking fund accumulated from an
nual depletion increments This pres
emit value Of eventual earnings meth
DDS is, so far as l am aware, the only
definite method Of mine valuation
expounded in text books on mining or
in treatises on mining investments.
OF necessity, this present value meth
cd of mine valuation must be the
corner stone on which the work of the
revenue bureau must build. Mines
vary so greatly in character and con-
ditions that no single basis Of valua-
tion can be applied Unfortunately
to all without grave error in the case
of many Clearly, either each mine
must be considered in unlimited in
dividual detail, or else classes must
be established into which mines of
essentially similar character and
circumstances shall be grouped and
these classes handled as If individ-
uals themselves. The latter scheme.
that of grouping into classes, is like
ly to afford the best practical solu-
ton because the single mine method
would require degree of detail and
an amount of time that would render
the problem almost hopeless.
Unquestionably the fairest and
most defensible method of mine valu-
alton is the present value method,
provided the essential factors that
enter into the computation are reas-
onably we'll known or can be arrived
at with fair reliability. Most coal
mines many iron mines, the porphyry
copper mines. and perhaps a few 9TH
ers can be valued pretty directly and
satisfactorily by this method, be-
cause more of the necessary informa-
ton is available for them than for any
The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1919-10-30

quired for the faithful performance of
the contract, in the sum of fifty per
cent $50 per cent? OF the total amount
of the contract price.
1t is the purpose of the Commits
sioner to build the bridge in the short
est time consistent with good con-
structon, and complete and we'll de-
signed equipment and effective or
ganizat ion will be insisted upon.
Dated; October IA 1919.
w. j. HALL,
Commissioner of Public Works,
O23-N6-3t
The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1919-10-30
NOTICE TO DELINQUENT STOCK
HOLDERS.

Office Of the Old Veteran Mining Com
pany, wallace, Idaho, October 90
1919.
Notice is hereby given that
there is now delinquent upon
the following described stock of
the above named corporation, on
account of an assessment of
two ca mills per share, levied on the
10th day of September, 1919, the sew
eral amounts set opposite the names
of the respective shareholders as fol-
lows tO-Wit:
The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1919-10-30

And in accordance with the law so
many shares Of each parcel of such
stock as may be necessary will be
sold on the 18th day Of November,
1919, at 1880 o'clock p. m. at the
branch office of the company, $50 Pine
street, Potlatch, Idaho, to pay the de-
linquent assessment thereon, together
with the cost of advertising and ex-
penses OF sale.
w. e. HORSTKOTTE,
Secretary Silver Mountain Mining
Company, Limited; $50 Pine Street,
Potlatch, Idaho. O23-N13-4t
The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1919-10-30

And in accordance with law so many
shares Of each parcel of said stock as
may be necessary will be sold at the
office Of the company, Suite II Bar
nard block, Wallace, Idaho, on the Sth
day Of November 1919, at the hour of
1880 o'clock p. m. of said day. to pay
such delinquent assessment, together
with the costs of advertising and sale.
L. l.. BRAINARD,
O23-N6-3t Secretary Treasurer.
The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1919-10-30
NOTICE OF ASSESSMENT.

Of the capital stock of the Royal Min
ing Company, a corporation, the To-
cation of the principal place OF bus
mess of said corporation is 1922
The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1919-10-30
NOTICE TO DELINQUENT STOCK.
HOLDERS.
Branch office of the Silver Mountain
Mining Company, Limited, Potlatch,
Idaho, October II, 1919.

Notice is hereby given that there is
delinquent upon the following de-
scribed stock on account of an assess
ment Of two (2) mills per share, lev
led on the End day Of June, 1919, the
several amounts set opposite the
names of the respective shareholders
as follows, to-Wit: