January 27, 1930 (6 pages)

RS A ten ie ogee Soe, . Sa . A my mn a i < . 4 i b ; i) A . t } 4 \ 1} . BY if nt f 1 1 } t Saf) ley, ah > “ALIFORNIA, FOR COUGHS AND CHEST COLDS BRONCHIAL IRRITATIONS — Take PINEMULSION Relieves Pain and Soreness : Large Bottle ( “HL DICKERMAN B Geobohobetebetetetetete sh opopetetetetedetetetetes PSE Bestest tetetetesbooptetedeted tech : A Full Line of Pies and Cakes SALLY ANN BREAD Baked Fresh Daily. Sanitary Wrapped and Sealed _ FREEMAN BAKERY Grass Valley Our Goods on Sale at the Nevada City Luchroom Fe eats WRT SEY JAMES D. STEWART, E. M. Consulting Mining Engineer 138 Commercial St. Phone 1:07 Auburn, Calif. Examinations Reports . Management 30 Years’ Experience in Western Mining Fields Code: Bedford-McNeil HOTEL ITALIA Raviola and Chicken Dinner on Sundays, $1.00 Weekday, 50c Rayiolas to take home, 25c per dozen C. Colombo, proprietor 208 Sacramento St. Phone ‘323 The BEST REGRINDING CLASSIFIERS by overflow. The BEST AMALGAMATING PAN to any mesh size) The ONY MILL that will work CLAY (pipe). The ONLY MILL that\will work MICA (sheet) The ONLY MILL thetwill work . ASRESTOS and hot ruin the fibie, or EMBRY and rot \ruinthe mill. And many othera.The ELLIS MILL will grind anything that can be gound or pulverized, wet or dry, to a definite mesh in ome operation, using only 1-4 to 1-10 the power that others use. No Gears. No Grease. No Bearings No Friction, ELLIS MILLS MANUFACTURING COMPANY 510 Brannan St. Phone KEarny 4190 San Franc'sco ERE R OEE L EOE EL EDEL EEE ESS SEES EOEE REESE REET Nevada City ‘ NEVADA CITY ASSAY & REFINING OFFICE E. J. N. Ott, Proprietor Practical mining tests from 25 to 1000 pounds, percentage of suiphurets, ve Val‘ies of tailings, Assays made for geld. silver, lead and copper. Mail order check wo promptly attendea to. Agent for New York-Californta Underwriter. Wastcherter and® Capigal of California fire Insurances companies. Ais” automohile insurance, L> KEEP WELL DRESSED! Your Tuxedo Needs Cleaning after the Holidays Don't Overlook Silk Scarfs! giving the free goic vaize of sulphurets, vaiue of suiphurets ane id s Will call Monday and Thursday afternoons at your home and deliver on the next trip over. Phone Grass as Valley 375 and we will call th enext trip. We will ' credit your phone charges. GRASS VALLEY CLEANERS Ed Burtner. Proprietor : N11 West.Main St. NEVADA CITY SANITARIUM See Miss Elizabeth McD. Watson ~ Equipped o handle Obstetricai,Surgical, Medicinal > «ana X-Ray Cases Modern Equipment Phone 3754 that this shipping of gold ‘is very . Will to uphold them, {corded before being stripped ‘by. the fall-of the boosted “gilt-edged” pa-. QUESTION OF THE HOUR WHAT ABOUT MINING ] (Western Sentinel) At the urgent request of many friends of the mining industry the Western Sentinel feels constrained to republish the following editorial . which first appeared of January 3, 1930. The article has found such favor that the Northern California. Mining Association has had t prnted n leaflet form and is lnow giving it wide distribution all over the’ country: Undoubtedly, it has long been jclear to hte majority of our readers that the cause of mining in California has been of paramount importance in our°mind. We have been backing history to repeart itself because of our innate “belief in the industry’s comeback, . even though momentuous developments seemed to get ni place because of lack of proper financing. Quite) lately we were guilty. of making/ “the ridiculous statement” that gold would be shipped to Britain, and we outlined the radical bearish results of such action. The last shipment amounted to nearly fifty tons, and the bears acted in the perfectly logical way. We will now say that the last of the gold. shipments is no more in sight than is the real end of the slump. Something like thirty tons have gone to Paris during the last few days. It is said that the frances receivel for the gold will come back. Don't you believe it. NEVER COME BACK! Another paper stated on December 27, 1929, interesting but not tremenduously important. American industry, not American gold, is the really strong thng”. It is Important enough to affeet the course of a world war or to upset exchange. We are not studying the relation of gold wealth to requirement this week, however, we did go during the last month and during the Great War. We shall have further cause to study it before long, and our-advice still is, hold what you’vye got, get out of rocky investments get your money nearer to Nature help make up the sold depletion py mining some more, ' What would the wise heads say if we were to ‘suggest a rise in the price of the universal exchange— GOLD? Well, we do Suggest it NOW. So, the slump gamut of ruin, runs its merry whilst the smiling financial. editors — of most great daly newspapers wander into the press rooms to be greeted by the chorus from the staff, ‘‘there are brighter days ahead’. Despite these oft-repeated prophesies the muchiy vaunted “brighter’’ days are still in the ‘offing. But, do not confound our well-based pessimism. Money must earn 8%; nay 16%. ‘When employed. fin well-chosen legitimate mining it can and does do it easily. In fact, n the aggregate, it pays as much as 182% on every cent invested in it in the United States. Then why be content to Invest it in stock that merely pays the maximum 8%, and which paid the original holders" hundreds of percent. Why not do something new, be an original holder in new issues of worth. To gamble in counters as diapha4nous as mere promises, with litile in the way of indispensible good is to bet on the enplein of the roulette wheel just because the broker tells you that you have an “even, chance”. It’s forgetting the intrinsic industry which. makes the world go. ’round, that industry which pay ten tlmes the interest of any other industry-— MINING. ! Bankers and brokerage houses Partners in legalized banditry, have by specious talk, weaned many investors away from common sense and put them in that somnolent state where they are easily led like lambs .ti the slaughter. Now, these are losing theif, clients, their persuasive arguments are no longer effective’ and their “offerings’’ are only clutched ‘by the dying ones. ity fir mining in our State. ~ Mining requires necessity ig absolute, Mine operators . require partners. The public {has some money left and may come jin and may rebuild the position reper. Yet, the self-appointed arbiters of investors’ cash will have what filled™ promises, they have no right in our issue] IT WILL}. same bankers and brokers are find-. ' ing themselves .up against it, they} Now, then is the time ‘of. opportun. money, and the: is left. But by reason “of Past ex-} ~periences and a long list of unful-. ~~ to demand “any. following whatever. . They would all bein. poor-houses; Somtcaecbanlierextiae striking commentary. on the levity of our civilization which loads its least worthy members with riches. The return from. bunk gambling to the saner. method of employing money in real industry ia slow, apparently, uncertain. But a flood of light has been let. in on the recent stock market tactics and wise people will allow their money residue to: be piloted into more helpful industrial channels, the holdngs of which age not at, the mercy of stock buccanneers or the markets which they manipulate. If we are to enlarge the foundations upon which our prosperity rests, we must, as a militant minority, impose our reasons on a majority of the community. Since the stock market manipulators have run contrary to the conventions of the fair-minded society, they should not squeal shoul dsociety retaliate and. leave them with empty board rooms. Mining exchanges may for a time attract the seorched butterflies, and the wily manipulators, in the despairing hope of again attracting the “flies” to the once alluring “light”, are uttering the veriest rubbish regarding the promised ‘*prosperity”’ and boom. Their talk is framed on the same unstable basis from whence started the last “bull” swing that later took a startling tumble. It is the same old house cards, deftly built for a new crop of suckers. It is all nebulous now, but it contains all the elements of terror in the making. We are merely warning our readers, at the same time pointing out a better, safer way to opulence ‘and without acrimonious discussion, , While all this {s a very opposite warping to investors and securties managers alike, we cannot change human temperament, cannot swing all hands. over to mining* for, on the one\hand a sort of hero worship has enhaled evey predatory ruffian from Hereward the Wake to Claude Duval, or yesterday’s bank or stock bandit—and \on the other hand there are high \elass mining experts whose geese are\all swans and always will be. Until cold blooded mine valuers step in there will be losses. 3 However, our readers do not forget that California’s gold has in the past attracted the ‘attention of the entire world; that her wealth primarily eame from it, that her citizens are the sturdy ehildren of Bturdier pioneer miners. If the nagold payment obligations, they will! require fifty times the gold held in in the world today. California and its _—_— tions carry out their international . ‘growth, is based on the gold it has produced. Today its production is negligible, not because its deposits ar eexhasuted but because its people have been led away from legitimate investment into the realms of high, sure-loser finance, into gumbling in faulty issues in wheh they are shuttlecocks to be knocked here or there by conscenceless manipulators who have had the game all their own way. ; . Three months ago we asked our readers in all earnestness to get their money out of all flimsies, to start digging it into the ground in the development of sound mining affair#’anywhere in the State. Surely this end is inevitable if an end ever was neytable. While in this county ;, the people are more for farming notwithstanding our great mining realities, those in other counties have takén our advice and reports go to show much mining activity and yield. While it certainly looks ag if honesty i8 a. best policy so far as what is called the “higher class” greater PPE PEERS EPH E ESE Ge ee COMFORTERS AND BLANKETS Priced from $2.00 to $10.00 COMFORTERS, Nice, Downy and Fluffy Sateen and Silkoline Covers Priced from $3.00 to $5.50 See our Window Specials on Household Goods investments is concerned, it is not so in the case of mining. We have dared to open our eyes and to -record that whichwe have seen and ‘we do not sympathize with the spectacle. Far from it. We say, go back to mining. We are tying our hopes to the possibility of enlarging the group—which has already taken our advice and won—into more of a universal thing. Those who support mining must do no reckless spending on old historical mines, for, whle that is beautiful in theory it has a nasty trick of making stockholders feel sick. Mr. and Mrs. Francis Bell of Roseville spent several days here . Visiting Mr. and Mrs. M. Henry . Argall, C. H. Cooper of Blue Tent, abcve Nevada City, was a recent . business visitor. John “Russio of:Smartsville was a Grass Valley visitor during last week. (Pa : Mrs. L. R. Jefford has recovered from a three week’s illness. A fine assortment myn all colors, Light, Medium and Heevy Blankets, in Cotton, Cotton-Wool and — _ All Wool . { ALPHAHARDWARE& SUPPLY CO i Nevada City tauass Valley Alleghany : gp eantaes teste ete teteotetestetenbeteatestotedeed te atetesbedentecemeneseteedetiedi epetebeebeitiaea eet e “my = B HAPPY \ Is the family w'th a substantial SAVINGS ACCOUNT We pay Four Per Cent on all Savings which are compounded and when not wihdrawn are added to the principal amount and also draw interest. Our officers are alweys glad to have you consuli with them in the matter of making systematic Savings. Special Savings Banks are furnished on request St tt ees in no.time were the Saitbling inDore ——— =: a a JANUARY 27, 1930. . if it 4 a .

RS A ten ie ogee Soe, . Sa . A my mn a i < . 4 i b ; i) A . t } 4 \ 1} . BY if nt f 1 1 } t Saf) ley, ah > “ALIFORNIA, FOR COUGHS AND CHEST COLDS BRONCHIAL IRRITATIONS — Take PINEMULSION Relieves Pain and Soreness : Large Bottle ( “HL DICKERMAN B Geobohobetebetetetetete sh opopetetetetedetetetetes PSE Bestest tetetetesbooptetedeted tech : A Full Line of Pies and Cakes SALLY ANN BREAD Baked Fresh Daily. Sanitary Wrapped and Sealed _ FREEMAN BAKERY Grass Valley Our Goods on Sale at the Nevada City Luchroom Fe eats WRT SEY JAMES D. STEWART, E. M. Consulting Mining Engineer 138 Commercial St. Phone 1:07 Auburn, Calif. Examinations Reports . Management 30 Years’ Experience in Western Mining Fields Code: Bedford-McNeil HOTEL ITALIA Raviola and Chicken Dinner on Sundays, $1.00 Weekday, 50c Rayiolas to take home, 25c per dozen C. Colombo, proprietor 208 Sacramento St. Phone ‘323 The BEST REGRINDING CLASSIFIERS by overflow. The BEST AMALGAMATING PAN to any mesh size) The ONY MILL that will work CLAY (pipe). The ONLY MILL that\will work MICA (sheet) The ONLY MILL thetwill work . ASRESTOS and hot ruin the fibie, or EMBRY and rot \ruinthe mill. And many othera.The ELLIS MILL will grind anything that can be gound or pulverized, wet or dry, to a definite mesh in ome operation, using only 1-4 to 1-10 the power that others use. No Gears. No Grease. No Bearings No Friction, ELLIS MILLS MANUFACTURING COMPANY 510 Brannan St. Phone KEarny 4190 San Franc'sco ERE R OEE L EOE EL EDEL EEE ESS SEES EOEE REESE REET Nevada City ‘ NEVADA CITY ASSAY & REFINING OFFICE E. J. N. Ott, Proprietor Practical mining tests from 25 to 1000 pounds, percentage of suiphurets, ve Val‘ies of tailings, Assays made for geld. silver, lead and copper. Mail order check wo promptly attendea to. Agent for New York-Californta Underwriter. Wastcherter and® Capigal of California fire Insurances companies. Ais” automohile insurance, L> KEEP WELL DRESSED! Your Tuxedo Needs Cleaning after the Holidays Don't Overlook Silk Scarfs! giving the free goic vaize of sulphurets, vaiue of suiphurets ane id s Will call Monday and Thursday afternoons at your home and deliver on the next trip over. Phone Grass as Valley 375 and we will call th enext trip. We will ' credit your phone charges. GRASS VALLEY CLEANERS Ed Burtner. Proprietor : N11 West.Main St. NEVADA CITY SANITARIUM See Miss Elizabeth McD. Watson ~ Equipped o handle Obstetricai,Surgical, Medicinal > «ana X-Ray Cases Modern Equipment Phone 3754 that this shipping of gold ‘is very . Will to uphold them, {corded before being stripped ‘by. the fall-of the boosted “gilt-edged” pa-. QUESTION OF THE HOUR WHAT ABOUT MINING ] (Western Sentinel) At the urgent request of many friends of the mining industry the Western Sentinel feels constrained to republish the following editorial . which first appeared of January 3, 1930. The article has found such favor that the Northern California. Mining Association has had t prnted n leaflet form and is lnow giving it wide distribution all over the’ country: Undoubtedly, it has long been jclear to hte majority of our readers that the cause of mining in California has been of paramount importance in our°mind. We have been backing history to repeart itself because of our innate “belief in the industry’s comeback, . even though momentuous developments seemed to get ni place because of lack of proper financing. Quite) lately we were guilty. of making/ “the ridiculous statement” that gold would be shipped to Britain, and we outlined the radical bearish results of such action. The last shipment amounted to nearly fifty tons, and the bears acted in the perfectly logical way. We will now say that the last of the gold. shipments is no more in sight than is the real end of the slump. Something like thirty tons have gone to Paris during the last few days. It is said that the frances receivel for the gold will come back. Don't you believe it. NEVER COME BACK! Another paper stated on December 27, 1929, interesting but not tremenduously important. American industry, not American gold, is the really strong thng”. It is Important enough to affeet the course of a world war or to upset exchange. We are not studying the relation of gold wealth to requirement this week, however, we did go during the last month and during the Great War. We shall have further cause to study it before long, and our-advice still is, hold what you’vye got, get out of rocky investments get your money nearer to Nature help make up the sold depletion py mining some more, ' What would the wise heads say if we were to ‘suggest a rise in the price of the universal exchange— GOLD? Well, we do Suggest it NOW. So, the slump gamut of ruin, runs its merry whilst the smiling financial. editors — of most great daly newspapers wander into the press rooms to be greeted by the chorus from the staff, ‘‘there are brighter days ahead’. Despite these oft-repeated prophesies the muchiy vaunted “brighter’’ days are still in the ‘offing. But, do not confound our well-based pessimism. Money must earn 8%; nay 16%. ‘When employed. fin well-chosen legitimate mining it can and does do it easily. In fact, n the aggregate, it pays as much as 182% on every cent invested in it in the United States. Then why be content to Invest it in stock that merely pays the maximum 8%, and which

paid the original holders" hundreds of percent. Why not do something new, be an original holder in new issues of worth. To gamble in counters as diapha4nous as mere promises, with litile in the way of indispensible good is to bet on the enplein of the roulette wheel just because the broker tells you that you have an “even, chance”. It’s forgetting the intrinsic industry which. makes the world go. ’round, that industry which pay ten tlmes the interest of any other industry-— MINING. ! Bankers and brokerage houses Partners in legalized banditry, have by specious talk, weaned many investors away from common sense and put them in that somnolent state where they are easily led like lambs .ti the slaughter. Now, these are losing theif, clients, their persuasive arguments are no longer effective’ and their “offerings’’ are only clutched ‘by the dying ones. ity fir mining in our State. ~ Mining requires necessity ig absolute, Mine operators . require partners. The public {has some money left and may come jin and may rebuild the position reper. Yet, the self-appointed arbiters of investors’ cash will have what filled™ promises, they have no right in our issue] IT WILL}. same bankers and brokers are find-. ' ing themselves .up against it, they} Now, then is the time ‘of. opportun. money, and the: is left. But by reason “of Past ex-} ~periences and a long list of unful-. ~~ to demand “any. following whatever. . They would all bein. poor-houses; Somtcaecbanlierextiae striking commentary. on the levity of our civilization which loads its least worthy members with riches. The return from. bunk gambling to the saner. method of employing money in real industry ia slow, apparently, uncertain. But a flood of light has been let. in on the recent stock market tactics and wise people will allow their money residue to: be piloted into more helpful industrial channels, the holdngs of which age not at, the mercy of stock buccanneers or the markets which they manipulate. If we are to enlarge the foundations upon which our prosperity rests, we must, as a militant minority, impose our reasons on a majority of the community. Since the stock market manipulators have run contrary to the conventions of the fair-minded society, they should not squeal shoul dsociety retaliate and. leave them with empty board rooms. Mining exchanges may for a time attract the seorched butterflies, and the wily manipulators, in the despairing hope of again attracting the “flies” to the once alluring “light”, are uttering the veriest rubbish regarding the promised ‘*prosperity”’ and boom. Their talk is framed on the same unstable basis from whence started the last “bull” swing that later took a startling tumble. It is the same old house cards, deftly built for a new crop of suckers. It is all nebulous now, but it contains all the elements of terror in the making. We are merely warning our readers, at the same time pointing out a better, safer way to opulence ‘and without acrimonious discussion, , While all this {s a very opposite warping to investors and securties managers alike, we cannot change human temperament, cannot swing all hands. over to mining* for, on the one\hand a sort of hero worship has enhaled evey predatory ruffian from Hereward the Wake to Claude Duval, or yesterday’s bank or stock bandit—and \on the other hand there are high \elass mining experts whose geese are\all swans and always will be. Until cold blooded mine valuers step in there will be losses. 3 However, our readers do not forget that California’s gold has in the past attracted the ‘attention of the entire world; that her wealth primarily eame from it, that her citizens are the sturdy ehildren of Bturdier pioneer miners. If the nagold payment obligations, they will! require fifty times the gold held in in the world today. California and its _—_— tions carry out their international . ‘growth, is based on the gold it has produced. Today its production is negligible, not because its deposits ar eexhasuted but because its people have been led away from legitimate investment into the realms of high, sure-loser finance, into gumbling in faulty issues in wheh they are shuttlecocks to be knocked here or there by conscenceless manipulators who have had the game all their own way. ; . Three months ago we asked our readers in all earnestness to get their money out of all flimsies, to start digging it into the ground in the development of sound mining affair#’anywhere in the State. Surely this end is inevitable if an end ever was neytable. While in this county ;, the people are more for farming notwithstanding our great mining realities, those in other counties have takén our advice and reports go to show much mining activity and yield. While it certainly looks ag if honesty i8 a. best policy so far as what is called the “higher class” greater PPE PEERS EPH E ESE Ge ee COMFORTERS AND BLANKETS Priced from $2.00 to $10.00 COMFORTERS, Nice, Downy and Fluffy Sateen and Silkoline Covers Priced from $3.00 to $5.50 See our Window Specials on Household Goods investments is concerned, it is not so in the case of mining. We have dared to open our eyes and to -record that whichwe have seen and ‘we do not sympathize with the spectacle. Far from it. We say, go back to mining. We are tying our hopes to the possibility of enlarging the group—which has already taken our advice and won—into more of a universal thing. Those who support mining must do no reckless spending on old historical mines, for, whle that is beautiful in theory it has a nasty trick of making stockholders feel sick. Mr. and Mrs. Francis Bell of Roseville spent several days here . Visiting Mr. and Mrs. M. Henry . Argall, C. H. Cooper of Blue Tent, abcve Nevada City, was a recent . business visitor. John “Russio of:Smartsville was a Grass Valley visitor during last week. (Pa : Mrs. L. R. Jefford has recovered from a three week’s illness. A fine assortment myn all colors, Light, Medium and Heevy Blankets, in Cotton, Cotton-Wool and — _ All Wool . { ALPHAHARDWARE& SUPPLY CO i Nevada City tauass Valley Alleghany : gp eantaes teste ete teteotetestetenbeteatestotedeed te atetesbedentecemeneseteedetiedi epetebeebeitiaea eet e “my = B HAPPY \ Is the family w'th a substantial SAVINGS ACCOUNT We pay Four Per Cent on all Savings which are compounded and when not wihdrawn are added to the principal amount and also draw interest. Our officers are alweys glad to have you consuli with them in the matter of making systematic Savings. Special Savings Banks are furnished on request St tt ees in no.time were the Saitbling inDore ——— =: a a JANUARY 27, 1930. . if it 4 a .