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il) OUR MINERAL WEALTH.
SATURDAY, MAY 22, 1920. Mohave County Minek and Our Mineral Wealth i Official Ppr of Uohav County Issued Weekly by the MOHAVE PRINTING and PUBLISHING COMPANY Entered u second-class matter at the postofflce at Kingman, Xehave County, Arisona. under Act of Congress of Mar. 1, 187. W. . BJLKOX . Editor and Uanajrer AVIOBT M. BKZTK Jtlnln- Editor Subscription rates S per year, payable In advance. YOUR LIIBERTY BOND The United States Government borrowed money from you to finance the War. You hold the Government's promise to pay you back. This promise called a Liberty Bond or Victory Note. On this Bond is stated the conditions under which the Government borrowed the money from you. For instance: If you hold a Bond of the Third Liberty Loan, it utates that on April 15th and October 15th of each year until maturity, you will receive interest on the amount you paid for the Bond. Other issues bear other rates of interest and other maturity dates, all of which are clearly stated on the Bond. Now, if you keep your Bond until the date when the Government pays you in full for it, you do not need to worry if, in the meantime, the price is low one day or high the next. You and Uncle Sam are living up to your agreement with each other, and neither will lose by it. On the other hand, if you sell your Liberty Bond now, you will find that the man you sell it to will not give you a dollar for every dollar you .paid for it. The price has been brought down because so many peo ple are offering to sell their Bonds. If the market is flooded with toma toes, you can buy them cheap, but if everyone is clamoring for tomatoes and there are few to be had, the price goes up. The same is tine of Lib erty Bonds. Short-sighted people are dumping them on the market, and wise ones are buying them. x The best advice that can be given to the owner of a Liberty Bond is this: Hold the bond you bought during the war; it is as safe and sound as the United States Government itself. Buy as many more at the present low rate as you can afford. If you hold them to maturity, you are bound to make the difference between what they sell at now and their face value. You will also receive good interest on your investment. ' Hold on to your Liberty Bonds and buy more. MAY PURCHASE SILVER The government, under the Pittman act, is in position to begjn the purchase of silver bullion at a price not to exceed one dollar per ounce, and is now in the market for 2p7,000 ounces. While silver has declined in the market to approximately 99 cents per ounce it is improbable that purchases can be made at the dollar an ounce rate. England has done everything possible to pound down the price of the white metal, but no purchases have been made at less than $1.20 per ounce, and China, while in the market, was paying as high as $1.41 per ounce. The necessity for silver grows with the days, although every effort of the big fellows is against the spread of the growing sentiment for silver coinage. In the purchase of silver by the mints the authority to purchase only goes to the silver from the mines of the United States and produced by an Amer ican corporation or individual. This bars silver that might be shipped in fro mforeign countries, such as Canada and Mexico. Of course it is not to be expected that either country will ship silver to the United States when there is great demand for it in practically every country on earth, and when demands of producers must be met. THE RAILROADS AND WALL STREET ij- , Under the theory of the old-time political campaigners the railroads and Wall Street controlled the country and worked hand in hand. There must have been some mistake about this, since now, in their dire need, there is no investment money available in the great financial districts of the country for the weaker railroads. The stronger railroad companies who have placed their orders for $140,000,000 worth of new rolling stock and equipment have been warned by the investment bankers that the market will not absorb more than $100,000,000 additional of their securi ties. These loans in the market are costing seven and one-half per cent to eight per cent. Of the $300,000,000 fund in the Transportation Act," only $250,000,000 is available for new capital expenditures, and half of this is needed for additions and betterments, leaving only $125,000,000 for equipment. If maturities of weaker roads have to be met from this fund, the balance for equipment will be even less. According to information received by Senator Cummins it appears I that the builders of cars and engines will not be able to make any ma terial deliveries until late in the crop-moving season, and that the bulk of the equipment will be delivered in 1921. MONEY STATIONS When Frank Munsey put out two "old scrap bo-.k" magazines for a huarter, in the days while magazines were cheap, he explained that he ad discovered that "there are stations in money." He enumerated these is the nickel, dime, quarter, half dollar and dollar. Really what Mr. lunsey must have meant was that these coins were the express stops, nd that all other coins stood for way-stations, and the like. It was a retty distinction but we haven't seen the "old scrap books" for a long, png time; and-it must be that the reading public has changed its stations. Ine of the late prophesies is that new minor coins that are proposed in ongress may drive the penny and nickel to the museums. The Senate Mnmittee on Banking and Currency has reported favorably a bill to iny two-cent pieces, and another measure by Senator Frelinghuysen ovides for the coinage of seven and eight cent pieces. Washington feet railways have joined the customs of other cities in the use of ens" for fares. In effect these are eight cent pieces, or a fraction less, ice that represents the fare. Since the nickel has become a sort of g-stop in the commercial world it is quite probable that the two-cent :CQ will soon have the seven and eight-cent pieces for company and that money stations will be recognized by the public at large. GOVERNMENT BY SPEECH-MAKING One of the closest students of national life is Samuel G. Blythe, tho ae writer. Mr. Blythe has made a discovery, and it is a wonder The Sugar Situation HUM-M-M I see SUGAR HA 00NE UP A COUW.& CENT5 AftAIS OOHN we've sroppep Uii no ir (TrllrtK irfATrEHr one SO VEP-ANO THE RjTWRArtr TAKEN THE 5.06AR. WIfMwmB? UOlilltU II tt- - I someone hasn't mentioned it before. He says that Washington is govern ed by the spoken word by speech-making rather than deeds. Success, he believes, has been measured by oratory and the manner of remedying evils has been to dictate a speech on the issue, to deliver it, and after giving it the widest publicity to let it go at that. There are thousands of politicians in the country whose achievements could be f.'l'o'uitd und'.r tre above heading of "assets." The country itself is about due to make its appraisement of its public servants, for this is election year. And the probabilities are that "the spoken word" and "speech-making" will become the guage for measuring the qualifications of those who will do the governing of the country. Just like Mr. Blythe has said! She Had It Buried. An illustration of the extent to which gold and silver are being hoard ed in China, the far eastern division of the bureau of foreign and domestic commerce gives currency to an inci dent reported of an old woman paying for her purchase of a cotton mill with $500,000 worth of gold bars, which she had dug out of its hiding place. It is estimated that, due to the disturb ed political conditions and lack of ade quate banking facilities throughout China, at least a billion dollars' worth of silver is similarly hoarded, which may partially account for the present exchange sitution. Endless Quest "You don't read the daily 'Health Hints' any more?" "No. Dr. Bilker's column lacks va riety." "How so?" "Most of the queries come from fat ladies anxious to lose surplus pound age and lean ladies who want to ac quire a few curves." Birmingham Age-Herald. Fuller's Earth. Fuller's earth obtains its name from its original use in fulling cloth, but only a little domestic earth is now used in this country for that purpose. It is used principally in bleaching and in clarifying or filtering fats, greases, and oils. It is also used in the manu facture of pigments for printing wall papers, in detecting certain coloring matters in some food products, and as a substitute for talcum powder. About 75,000 tons of Fuller's earth are produced annually in the United States. United States Geological Sur vey. 0 France Developing Water Power The water power of France is es timated at 10,000,000 horsepower, as compared with 7,000,000 horsepower for Norway and 6,000,000 horsepower for Sweden. Before the war only about 750,000 horsepower was used, but a further 450,000 horsepower was developed during the war, and by the end of 1921 1,600,000 horsepower, or 16 per cent of France's resources will be worked. To be Successful! be InformedSubscribe for the Miner ' RIMS and RimlParts For All Makes of Cars AskJYour Local Dealer orWrite Us Direct Keaton Tire & RubberlCo. '437-9 West Pico Street LOS ANGELES, CAL. C. W. Herndon ATTORNBY-AT-LAW KIbekbb, Arixoia. MINER WANT ADS ARE BUSI NESS WINNERS VAN MARTER Undertaking Parlors Funeral Directors and Embalmers Orders Taken for Cut Flowers, Wreaths, Etc. Agent for Granite and Marble Monuments PHONE BLUE 81 ELeTTTK Lamb $- When a leg of ( jgft lamb is "just )HS XWMS "B"- """ il YKK 7y When a leg of lamb is "just right," when it hasthat"tasty," appetizing fla vor, when it is juicy and of just the proper age, it is an ideal meat for a "company" dinner. We will sell you just that kind of a leg of lamb, and give you honest weight at honest prices always. KINGMAN MEAT MARKET I. M. GEORGE, Prop. Phone Blue 4 CHLORIDE HOTEL DAVIS Looking for a pleasant place to stay while in Chloride? You will find it at the Hotel Davis, on main corner in Chloride. Best accomodations. MADAM DAVIS, Prop. CAP WALKER SUMNER BEECHER ERIE KOHLBR ' UNITED STAGES OFFICE: BEALE HOTEL LOBBY, PHONE BLUE 147 BONDED CARS COMPETENT DRIVERS Car Leaves Kingman for Oatman 8:30 A. M.' Returning, Leaves Oatman 2:6 P. M. KINGMAN WATER COMPANY SOLICITS YOUR WATER BUSINESS Pure Spring Water Trouble Man, Joe Chambers Red 20 Arizona-Butte Bought, Sold and Quoted SpedaOeportsSon Request W. W. ALLER & COMPANY 1301 First National, Pittsburg. Pa. 1054NGELE5HOTEL 5 art . witn bath iWBwy:r" i mi siaejey 4MT- TEE, GlhSFIGUEROAS'i WaB.CLARKJhP. lOepotOwjPaaTheDoor quiet, homelike, con genial, morally and physically clean, free from the spectacular; an hotel you can safe ly patronize and rec ommend: particularly attractive to women .traveling alone. GARAGE CONNECTED KAI t CAFMPOTnohDM-'W rfJffMOFCompf$S& OOl VISITORS who know, Los Angeles will tell you that, despite its excel lence of service and cui sine, Gates Hotel rates are no higher than those of other good hotels. Centrally located easily and quickly accessible to every coint. RATES FROM J 1.50 PER DAY0 pinlnc room under hotel management. .- nvnauoj, riw. ueorye a. weiiini, bog. RICHTtAT FICUEROA-.TIXTH THE NEW HOTEL BEALE KINGMAN, ARIZONA. FINEST HOTEL IN NORTHERN ARIZONA. New and modern in every respect. Fireproof build ing. Rooms single or n suite, with or, without bath. Hot and cold water in ercry room. Steam heat. Large sample rooms. Rates $1.00 and Up THOMAS DEVINE -: Proprietor Peach Springs Trading Post kuaumi nrsxAjr bekebvactoit B. H. CARPENTER, Vxvp. Bt&pl GrwoarUs, Luneb Qfreda, Soft Drinks, Fruit, Ctsara, TobtMo, . Bed Crown Gasoline, Zerolene on. PEACH SPRINGS, ARIZ. C. B. JOHNSON Watchmker a 'n d JEWELER KINGMAN, ARIZONA THE MAID IN 1 IjsbbbbbbbbbbbbbRC - A I "n5 IflS. THE GARDEN hanging out the clothes, is rath er out of date these days, more up-to-date methods are now em ployed in modern laundries. We are fully equipped to do the best laundry work possible, and we use extreme care to cee that the clothes are not torn or ripped. If you want good work at reas onable prices come to us. Motiave Steam Laundry Phooe B1m M