Money vs Capital.
Bankers and merchants are now
concerning themselves as to what
effect the issue of additional cur
rency will have upon their interest
Experts seem to be divided in' a
.opinion, some holding that the is- j
sue of so much new
raise the rate, while others hold;
money will a
that the rate will.be lowered, espec
ially in view of the fact of the com
ing presidential election.
Interest is not payment for the
use of money, but for capital.
Money, it must be remembered, is
money only, unless it is seeking in
vestment; then it becomes capital.
A man may borrow $100,000, re
ceive it in the form of a check, and j
use it in the form of checks, never |
seeing a dollar of that for which he
The bank may not
have more than $25,000 actual cash j
ou hand to carry through his deal;
hence, clearly, he is not paying in
terest on money.
Interest rates, it is argued, since
they are paid on capital and not on j
money, are low when capital is
plentiful, hut high when capital is
scarce, no matter how money may
he The currency to he issued by
the government is neither capital
nor wealth, and, though there will
be more actual money in circula
tion. this alone can not, dictate the
interest rates.—Spokane Chronicle.
Sta.rvds3.rcl Weights, Measures
Copies of the memoranda, em
bodying the standards and defi
nitions of 'Weights,' 'Measures'
and 'Mesh,' adopted by the Coun
cil of the Institution of Mining
and Metallurgy, have reached us.
The conclusions are, in the main,
in agreement with the recom
mendations earlier made by the
respective Standardization Com
The suggested definition of the
term 'Slimes' was not adopted,
'the suggestions received being
too divergent to justify the Coun
cil in making any recommenda
tions on the subject at present.'
The definition recommended by
the Committee was: (1) That
material coarser than 150-mesh
be described as 'sand,' coarse or
fine; (2) that material passing
150-mesh, but settling in.
seconds in a
water be described as 'meal,'and
(3) that material settling more
slowly' in water be described as
inch column of
The Council did not feel justi
fied in making any recommenda
tions regarding the general adop
tion of the Metric System of
Weights and Measures, on ac- !
count of the divergent opinions
îs and suggestions received from its
inem hers and others.
The following definitions have
been adopted by the Institution
and are recommended for the
adoption and use of members
and other professional men:
(1) The word "ton" shall re
present a weight of 2,000 lbs.
avoirdupois (29,166.6 oz. troy).
Note.—It is advisable to abandon
the use of the terms hundred
weights and quarters, and to ex
press fractions of a ton in lbs. or
in decimals of a ton.
(2) The. term "miner's inch"
shall represent a flow of 1.5 cu.
ft. of water per min.; and the
term "sluicehead" shall represent
a flow of 6 0 cu. ft. of water per
Note.—It is advisable to
a ba n don the use.of both terms,
as being merely of local usage, in
favor of definite expression of the
flow of water per min.,, or sec., in
cu. ft., or in gallons.
(6) The word "gallon" shall
represent the Imperial gallon
measure of 10 lb. of water.
(4) Temperatures shall be ex
pressed in degrees Centigrade.
I (5) Returns.of gold and silver
i shall be expressed in terms of fine
j gold and fine silver, respectively,
! not as "bullion."
I (6) Gold contents of ores, etc.,
I determined by assay, shall Be ex
pressed in money values as well
as in weights; and in this connec
tion the value shall be taken—as
la convenient constant—at 85
shillings or $20.67 U. S. currency
per troy oz. of fine gold.
The series and definitions of
'mesh' in laboratory screens, which
has been adopted, is the same as
that earlier recommended by the
The Institution is to be congratu
lated in having taken this initiative
in the establishment of mining and
metallurgical standards. These
standards have been adopted only
after exhaustive investigation and
their use in reports, scientific papers
and the other publications should
The Kellev Powder Heater.
B. F. Kelley, an old-time Colo
rado tunnel driver, has invented
and is 'putting on the market a
powder heating machine that is
very highly spoken of by practical
This powder heater consists of a
box made of a heavy galvanized
iron, lined with asbestos and paint
ed. A pan made of heavy galvan
ized iron with a screw cap is placed
in the bottom of the box, and over
that a rack made of wires with
meshes for holding the sticks of
powder, no two sticks being in con
tact with each other.
The can is filled with water and
placed on the forge. Atter the wa
ter has reached the boiling point
the cap is screwed on tight and the
can placed in the bottom of the
box, with the wire frame containing
the powder over it. Within two
hours the powder is evenly heated,
without drawing the glycerine to
the wrappers, as is done by other
This purpose is aecom
plished by the even heat given to
the powder with a constantly de
creasing temperature. The danger
P°' nt cannot possibly be attained,
The box is ro carefully insulated
that the heat is retained for from
twenty-four to forty-eight hours,
The low regular temperature
keeps the powder in its original
state until it is 6hot,thereby saving
from twenty to fifty per cent over
powder heated in any other way.—
Mines and Metals.
Good Money for School Fund,
Official figures compiled by the
general land office show that the
gross receipts from sales of public
lands in Idaho for the past fiscal
year amounted to .$692,226. Net
receipts after deducting expenses
wae $662,408. Five per cent of the
net proceeds, amounting to $33 124 I
is due the state school fund.
leaves over $600,000 to be converted
into the reclamation fund to Ida
interior department has
withdrawn from entry 3840 acres
around Jackson Lake, Wyo., to be
utilized as a reservoir site in con
nection with the Minidoka Irriga
tion Project. Thirteen thousand
acres heretofore withdrawn for the
Dubois project in Idaho and found
to oe beyond the limits of the pro
ject have been restored to entry.—
Considerable excitement has
been caused in the Horseshoe
Bend country by the discovery
of a five foot vein of coal two
miles east of the Bend,and many
claims are being filed on.
Hi Henry has uncovered a ledge
on the Roland Robb ranch and
he has organized the Horseshoe
Bend Coal Mining Co., to develop
the field. There are six ledges
running from a foot to six feet
thick and the supply seems to be
inexhaustible. It is believed the
whole Jerusalem country is un
derlaid with coal. Mr. Henry
has 20 men at work in the field
and expects to be turningout 10
tons per day in a short time and
in a few months the output will
be increased to 50 tons.—Em
are the best known and
the most reliable seeds grown.
Every package lies l.eliind It the reputation
of a house whose business standards are the
highest iu the trade.
Ferry'ii 19Ï18 Sen*«! Annual will be mailed FREE
to nil applicants. It contains colored plates, many
engravings, and fuUdescriptUiiR, prices and directions
for planting over 1900 varieties of Vegetable and
Flower Seeds. Invaluable to all. Send for it.
D. Ml. FERRY 4L CO., Detroit, Mich.
Rowett lias just received and placed
ou his shelves a eousignmeut of Edison
phonographs, with a great variety of
the latest records produced bv that
machine. When von want a perfect
phonograph you will find that the Edi
son staud at the head of the list for
clearness and distinctiveness, as well as
great variety of records.
60 YEARS' .
Anvone sending a sketch and description may
ilckly ascertain our opinion free whether au
invention is probably patentable. Communica
tions strictly confidential. HANDBOOK on Patents
sent free. Oldest agency for sec uring patents.
Patents taken through Munu & Co. receive
tpecial notice , without charge, iu the
A handsomely illustrated weekly. Largest cir
culation of any scientific journal. Terms. f3 a
year ; four months, f L Sold by all newsdealers.
MUNN gCo. 3 ''"*'New York
Branch Office, 625 F BU Washington. D. C.
Mrs. Mills will keep a full line of mil
linery at the oid staud iu Silver City,
in change of Vliss Hastings, aud iuvites
her patrous to call upon her.
Hastiugs will take orders for any ar
ticles she may not have in stock, which
will be promptly supplied.
If PROFESSIONAL CARDS ®
»AVIS & TETEIÎS
UKAL ESTATE, LOANS, INSURANCE
Room« 5 and 6 B. B. Building.
Bell Phone 181
HUBERT H. LEONARD, JR.
Notary Public and Conveyancer
Agent for Title Ouaranty and Sure»y Coi
of Scranton, Pennsylvania.
Silver City, Idaho
Phon e 2»
CHARLES M. HAYS
Office at residence, second door North of bridge
ou Jordan Street.
Silver City, Idaho
W. R. HAMILTON, M. L>.
PHYSICIAN AND SURGEON
Silver Cii r.
THUS. FAURE it, M. I>.
PHYSICIAN & SURGEON
Callfianswcred any hotir of the day or night.
De lamar, Idaho
OU. F. S. HEER,
. E. CAVANEY
A TTO RN EY-AT-LAW
Office with Richards and tiaga
Fiist National Bank Bldg.
The DEWEY DAIRY
IW Pure Milk and ('ream delivered
every morning to Silver City and
A. W. Mc CLUNG, Prop
Souvenir Chinaware and hand paint
ed chiuaware iu beautiful designs and
great variety at Rowett's Jewelry Store.
Black Silk Liquid Stove PolUh and a
new supply of National Cook Stoves
just arrived at Philipp's.
Boarding, Livery and Feed Stable*
Good quarters and accomodations
at Reasonable Kates.
: CHAS. F. SIMMONS,
SADDLER. Y GOODS
We makea specialty of double
and single driving Harness,
Robes, Blankets, Spurs and
Repairing Done Promptly
C YRUS CHAPTER NO. '2, R. A. M - Meets
every fourth Wednesday of each month. So
iourning com pa u ions cordially invited to attend.
C. E. Knapp, Kx. H. V.
Simon Haukis, Secretary.
S ILVER CITY LODGE NO. IS. A. K. & A. M
Meets the Second Wednesday of each mouth
Soj -timing brethern cordially invited to attend.
John S. St Clair. W. M.
W. K. Hamilton, Secretary.
K NIGHT8 OF PYTHIAB, DBLAMAR LODGE
No. 29. Meetings Tuesday evenings at
7:00 p m in Castle Hall.
II. S. Simmons K. of R, aud S.
Oliver Bunt, C. C.
O WYHKK LODGE No. 2, I. O. 0. F., Silver
City, I aho, meets every second and fourth
Friday night. Sojourning Bre'hren always wel
come. Otto Peterson, N. G.
R. H. Leonard Jr., Secretary.
F lorida mountain lodge no. « k. oi
P., meets^very Wednesday at iheii Castle
Hall, in Dewey, Idaho. Visiting brothers are
(jeo. M. Jeffery, K of R. and b.
8. A. Fraser, C. C.
NIGHTS OF PYTHIAS, SILVER CITY
LODGE, No. 25, Meets every Tuesday eve
uiug at their hall.
John Grete, K. of ft. and S.
R. Persiohel, C. C.
Bibbins-Myei C°'s Bld'g.
SILVER CITY, - - - - IDAHO
Receives Deposits subject
to Check. Buysand sells
Exchange. Interest Paid
on time Deposits.
Frank Hall, Cashier
Feed Stables !
Good Horses and Rigs.
Job Teams to carry
freight to all surround
ing Càmps. : :
COAL. HAY AND
Wheat for Chicken Feed
< Gardner Bros.
Star Livery Stable
Board aud Feed at
Good rigs, careful drivers.
\ BISSETT BROS., Proprietors
An old and established quiet and
homelike resort with the
Wines, Liquors, Cigars,
JOHN M. BRÜNZELL, JR.
Granite Block, Silver City.
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