The Daily Courier from Connellsville, Pennsylvania on February 6, 1930 · Page 11
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February 6, 1930

The Daily Courier from Connellsville, Pennsylvania · Page 11

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Connellsville, Pennsylvania
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Thursday, February 6, 1930
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THURSDAY, FEBRUARY o, THE DAILY COURIER, CONNELLS/ILLE, PA. MANY PROPERTIES IN COLUMBIA DEAL Extensive Plants in Utah, Oregon and Colorado; By-Product (Hens and Coal Land. ORE DEPOSITS, LIMESTONE Tlno ttpjHcatton filti by the United StaUm Steol Corporation In listing the additional »tock for tho purchase of tho Columbia Steel Corporation, re- ·v-eahxl tho ciuUo oxtonsive ramifica- ttonti and propefrtles 'or tho latter company. Coiunxola properties consist ot blast furnf-oe aad by-product plant at Broyo, Uiah; steol producing, roiling and finishing plants at Pittsburg, CaUfiornia, an«l at Torrance-, C«.U J fornia; a Moot fountl -y at Portland, Orogon, and iron ore, coal and lime- etono depo*5ta in Utali and OoJorado. Tlu PTOVO "blaat furnace and byproducts coko plant has a rated annual capacity of 176,000 tons of pig iron, 297.MO tons ot nwtaJlurgical and tloiaeistic cfee, 6,ftOO,000 gallons of tar, 1,700,000 gallons of motor oonzol and 6,EOC0 tons of aimaouia sulphate. Tho rittsburg plant has an annual capapity of IfS.OOQ tons of steel ingots and a capacity for finished products as follows-: ta-orchant and reinforcing bars and ti« plates, ofi.CKK) tons; -wire mill products. Including ·wire taaila and rods, 46,000 tons; shoots, blocfe and galvanised, 40,000 tons; tin. mill products, t i n plate, 32,000 tons, and stoel castings, 16,000 tona. Th« Torrancs plant bas a rated anmial stoel ingot prod'icttofn of 164,000 tons, wltu finished-product ca- IMiclty of 76,000 tons ot iaesr«Jhant and Telnforoing bars and light- shapes, 36,000 tons of black and galvanised sheets and 7,000 tona of steel castings. The Tortland plant is omploy«d entirely hi the production of manganese casting.* and has a capacity ot 2,WO tons u- year. The- iron ore properties of the Columbia -company are in Iron county, Utah, , about 210 miles from Provo, and. wMlo not opened for operation, havo been fully explore*! by drilling, from wliich it aas been shown that they contain at least 10.200,000 tons of provod 01 « ot homatito and some inaRiietiie, average, on drill samples, about 56 per cent metallic iron and can te mined through op«ti-pit opora- t'ons Tho exploration al.K shows the presence of a probable additional 5,- SOO.OOO tons oE ore, making a total of 25 000,000 tons of which the Columbia company owns 6,333,000 tons and Vtoids liu re-maimSor undo? favorable Icas-e tor ma. Hogar01n« those ioasc.i th« application fcaj-a: "As to 10.6C7.000 tons of ·this leased oro, tho feo ownership thereof passes to Columbia Steol Corporation (or successor ovroer of its K roper tioiO uiwu the payrnont of further royalties aggregates $450,000 aL tho rato ot 10 2-3 cents a ton ot ore n.inocl, wsth a minimum ot $25,000 u j«ir. As to the remaining 8,000,000 tons ot lawa ore, the royalty is 25 cents a tou, minimum 200,000 a year, with option of company to purchase tee at wiy time up to 10S3, on a basis of a price of $1,500,000 as of June, 1939, discounted flown to present worth U purchased before, less royalties paid. The coal properties of tho company consist of Uio Columbia Minos, located near t'rlce, Carbon county, Utah, 107 miles «ast ot i'rovo, and mlncB In PH- kla county, Colorado, about 30 miles south of Gionwood Springs. Tho Columbia rfUiww property is estimated to contain at leant 00,000,0000 tons of coal, or which about 45.000,000 tons can be recovered by the pros out method of opoiatlou. It la ovued outright by the Columbia Corporation. In connection with tho property a railroad four and a half miles iong con- uecting w i t h the llouv«r Uio Grande \Vostorn is operated. All \ho coal mined hero is shipped to tho 1'rovo plant o£ the company for use in the cc-kc ovens »ud other operations. Th« IMtkln county propertH^s contain nn CM.I: mated recowable coal ilopobit of 5,320,000 tons. Ii- m leased property anl operated 'by the Placita fowl Mining Company, a wholjy owri- «d bubsldlary ot tho Columbia Stool (Jorporatton. lt» product 1« wholly used at Provo iti tho prod'iiction ot poke particularly adapted tor UHO In numutacluriiiK foundry pig iron. The Columbia propertied iilao itv- ·lutlo two limestone ciuarrlos, neither ,t which has yot been opened. One ti aiUiuted about a inllo from Prove i nd contains an estimated tonnage of 100000OO ton 5 of limestone and somo -aniator; tbo otlun- is alxnit IT miles trom Prove, adjacent to the Union 1'aclHc ilallroad. and contains .in eatl- .wtfitl lonnajri of 60.000,000 tons ot 1 nwwtone, 7,000,000 tons of rtolomito untl G.000,000 tons of ganHtei . Tho tiuallty of all these depo-nlts is bultablc i,,v blast fttrtu eo use, according to the ,1 pplication. , (.'olunxbla 5teel Corporation ami HUlMldlnrUw report for nluo roonths rt udod Soptw»')et- 30, 1020, n«t proflt oj $1,)62,77« after interest, donrecUv- n, depletion, Federal taxes, osc- Trade Had Ond of Its Most Active Years Three Lives to a Million Tons of Coal iCvery m i l l i o n tons of coal extiacted f r o m the- earth in th« United Ktatca cot .is on air aiorasSi three und one- half h u m a n llvn», and th» Buro.ui OH Mliu-rt Una engaged In tho country's) iiu.-it vigorous s.ifoty t a t u p a l x i to' Hovi-ii rtvu-iK' niilHJud «u»t have J \vt \ !lu( ~d lit ( t r a U ' K H ' i u i n t i » lo bo un unl to iiuttp dl«nsU'U., ,»n! one or I iv o of every l u m d r f i l i n t n o r s I m x e boon uviiiHMl in inliu'-rescnv a n d i o- «v»v,.ii/ iKiiK. w h i t e jhmu .;I;"I,IMIII u t - The Lake Superior iron ore industry, has exoerie-nced one of the most active years in its history, in practically ovary tteparUnen', says inn Trad* Review. The tonnafje movvd Is iha largo-it ot any pmee-llmo year, ami large slocks formerly overhanging the market hare been greatly reduced, the remainder being n/ainly high phosphorus oro. Uecont mergers! and pending mergers In the iron and ate 1 Industry and the gradual exhaustion of known Independent merchantable reserves ores causing consumers o sek assured sources of supply. There,was more exploration wo:k In the past year than in any period since the great w-ar-tlmo dovelopmont. 4nd that, without disclosing any new deposits of first-rate Importanre. More interest was shown by the independent iron ore, pi»r iron and steel companies, In the acquisition cf developed and undeveloped properties than for many years. Further negotiations aro under way. Several new miuos wo-« opened (hiring the past year, an I preparations msulj for opening olh rs to taltc the placa ot mines recently exhausted or those nearing exhaustion. More plants and equipment for b ncftciating oro were in'Stailod. The largest acreage ami tonnages embraced in. any of the ti insaotions In oro properties in th last fo-w vears arc ihow -which h we be-e-n leased recently by the M. A. Hanna Company from the North" ·« Pacific .Hallway Company and Individual owners on the Cuyuna raupo, and from the Great Northern Iron Ore Properties on Uio Mosabi ninge. It la understood the Hnnna co npany la acting for tlio National Stfrt i Corporation In theso transactions Tho Woirton Steel Ootnpa 17 before mergin? with Hanna and Gnat kakes, owned a substantial Interef t in the Hanna Ore Mining Company. With the merger formed by these companies, th© National Steol Oo-poratiou acquired a much larger int reat la the mining company. When the merger of dae Ropublic Iron Ste«?l Company, Cenbal Alloy Steel Corporation, Donaer St- el Company and Bourne-Fuller Coznj aay was announced recently, the new company stated its combined iron ore resources amount to 125,000,0)0 tons. Republic acquired additional iron ore property in the past year. Vno BOW company's iron oro resources are increased considerably throush association with two of the larse Independ- t-nt ore producing companies. Tonnage, Earnings United States Steel Corporation 28 Yrs. Continued f r o m preceding- p tffe. sometimes very high. The M rnin^a as shown above are boforo deirHa- tion, depletion and obsolescence, During tlio war and sine© the w.xr tho Steel Corporation has inc reaswl !tn ultimate capacity only slightly. In 1937 capacity, in sle-el products for sale, was about 16,000,0000 tons, wfhilo the la.te.st Kt/atem-ont indicates about 16,750,000 tons, or kvs-s than five per cent increase in 12 years. While independents havo done a great deal of new building, incmtin;; the ind-epcmlont capacity, t h e Sveel Cortxratlou has niado euormoi's expenditures, but they h-ave boea to bring plants fully up to date, for tho most economical production w h ' l o at tho samo titno bomo protliucts am carried to a higher degree of finish In tho early jears it ueil to be said thaU tho Stool Corporation had "·an advantato over the indeponii^nt-s" of $2.00 a tc-n or more on account of Integration, etc. The major part of indopcnd-ont proiiuctloii is now juite w-ell integrated also, and that advantage is largely lost, but tho corporation has built up au advantage in seeding m i n i m u m cost rath/or than increased output. With its bond retirement it wiM tx in very tlexiblo position to m««t all circumstances. Estimates of Rate Steel Production During Year 1930 Continued f r u m preeeilfujf intgo increases la fitture, but t on- 'i for iponths, instead of production roaciting the- familiar Marvh p"ak and then receding. That would m iko a fair average for the half year, inU no particularly high rate at any time. Third. That total demand w i l l not Increase, by its turning out that somo oC tho presont consumption is mom -n- tum left over, to bo lo.-it gradually. We do not include overbuying: or overproduction at tho present tii:ie aa pvon .a remote possibility. We do not think any consumer or distributer is buying a single ton more than ive really needs, or that any mill is pi o- duciiiK a tou more than it has actual ordrs tor, Hather there are- out t- slonal reports of some mills not Hten- plng up production altogether as tnu h as their order books might sugge it they should. Fstronltc thosi« who advartiwa. Freight Cars On Order Highest Since January 1, 192(5 The railroads on J a n u a r y 1 thi i year had more frpigiil cars on onle- t h a n OH any simll'u dite vjiucc Jauuar 1, iy_'t). K r u l i j h L (ar.'j on ordet on J a n u a i y 1 tliitJ ynui 1 lolalvd i;i.riSl, Thifi wilt. ,111 iiuT'Oiio of -J,r'i."j i i i r 1 iiiwve the uiunbev on order on J u i Uiiry 1, !!)-!!, and an ttiti'CUM) of 21,321 car.'! ai)OM« 111" s.inif day i n 1!)2.S. |l 'llx-l W. .US , 1 1 1 t l U ' f i ' M - U ' l f l;!,'!"tl ( . I I I iilKivc . t j n u a r y 1. 1!K!T, b u t ii rediu l a i n o f « j , J t t c n r s u i n l t ^ r t h e n u m b e r M I u i ' l t r on J a n u a r y I, I'Uti THE NEW Y O U G H i (000 Serfw* j ' Piston Mine Gathering Pump O. P. M. Operates satisfactorily on heads ivfill over tOO Totally enclosed--Anlomatienllj" and comiilctnly --Motor on top--Wntor ^ nd ripMly supported on lm»o by fooU j'urnished cither with or without trucks. Simple -- SJnrtly -- PopeitcfAlile. BOYTS, PORTER CO. K, PA. Def efitivc Installation of Rock-Dust Barriers in Coal Mines In the oouw* of ot»«nradon inspection of rock-dust barriers installed iu coal mines for ih* puroo^o ot prcwMitinj iropagation of mine explosions, ens5no*m ot tho Dulled !Satc« Bur«suu of Minos, have note3 c«rta!n dofoctl^tt installations wlik 1 }) could hardly bi doponl-J on. to in-t *ttectltely should an explosion ociijr. Th-t* following defective itsstttilivtlona aro enumorated (o empbasizo the nett- ?ssity of iDtali ng barrio* according; to iipeGifloations -1otcrmlnfl by te«l« In the exprlraental mine vf tho United Ststou Bureau -f Minos, n«vr Pate- burg. One ot the m-ist prevalcat !«focts In barrier installations is that much space IH loCt bcfv^cu tbo barrier ami the root. This mug-wi from two foct in ftu otherwise perfect barrier to four or flv» feet In ono oonstatln^ ot a heap of rock dual pliexl on a platform of boardft \vhich, had eaggftd until it almostj.ton-chcd tto floor. Tho former was a set C ateniiard 12-in V-troughs mounted on good substantial substructure but 8.0 far trorfl UIK root thai tho flame of an explot ion might pass oror the barrier. The latter was an old iniiKj door which had boon mounted on a miscellanoouB ccllcctkin of pegs and props in such a rn«tti«r that only the moat violent expl«lou could pc*eibly disperse th« dust. It te very denlrable that the entire space bc-twocn the root and the floor bo ccnipletely fllltw) with an extremely dente cloud of dual to Insnro the cxmpl-T-te oxtingulslinicnt of the flame ot ar explosion. Evory barrier should be placed aa close aa p,oesiblo to the roof and yet permit proper operation. Tosls In tlie experimental mine have proved that liarriois (auch 3:3 ahelvpa parallel to and against the- riba) which leave i clear path 4owu the center of the t?ntry or at on« or both ribs will allow passage of fiatm*. Barriors in all but ono of a 6-t of parallel entri/ 3 -? aro to bo considered In this class also since they leave a clear path In one entry which may allow tha llame of th» rxplosi-nn to pass, tn lnl T t'rstrlfa ls«.rrS«r« mwst bo afr»«(4 Uiat tin* i-nilro «-ntr- wii bo filled iu«t \vh-tt the barrier Is Barriers which 5ntcrfcr-« irlth nor- truil ventilation aro cou«W«rfd a* in th«» rlun o? d»'foctivis lv-' « they umy cr«nte a condition favorable Jor iniliatiug ao extJo?ku by cutting off tlir' supply of air f r o m p)ac«f) wh*rrt K»s i^ given ciflf. Har- rit»ra nhouW not bo 1n«tnH-el If they materially intf rf«r» wtt'i vi»TSt\hi! on or Wage Earners and Salaried Employes In Pennsylvania ia'e imluHtrial ilanl« in li)2S jjave eniploymc-nt to 1,390,302 wngo UTifl salmiod 1'ii'ployos according lo tabuIatioiiH cotnuilod by tho J J erui- eylvaniu Departriiont of Internal Affairs. 1'iilUuI-elphia county let! tho other countic-6 In the ( t a l e with 288,380 i ml u« trial woi'Kcrs, salii Hocretary oE I n t o r u n l Affaire Jaiiws H'. Wowhvard today in oomraonthtg on employrnonI In tho various couiitlt-a ot Pottnwyl- vania. Alioglioiiy county stood SBOOIK! with 18. r !,701 and Laz rnc county waa Uiinl 'with 02,I!GC. in order followed Uickawanne, Schuylklll, Westmoreland, Berks and Northampton, IheAc counties occupying thi sjunc positions tu IP2t «d th^y occupetl in 1D27, Fulton co'tnly und J'iko county bhowlng thu smallest, number of em- ployes, cluinpetJ place; In 102S. In 3927 Piko county etotxl sixty-^iTth and Fulton county \vas hlxty-eovcnih. lit 1928 Pulton county wa« sixty-nixtii and Pike county wiw sisty-Hovonth. Throughout the list of counties, numerous position change woro note4 in 1028, Homo soctiotiri adding now em- liloyc-s w h i l e other communities em- ployes wore drnppod or I ho payrolls changed h U t f l c i o n d y to porrnH counties lo exchange places f'hiladolphia and Al!e;hfiiy c o u n t i c « wore tho only t\so in th-i state to pai ij the. 100,000 mnrk In I n d u s t r i a l ciu- nloy8 1« t'J28. Wlllt 28,18( employes l-'.iy-oltn l o u n t y fi out t n c - U ' l h lo t'ourlooutti iu iMtlitj. 1 ! [ " tlu niiDilit'i' ui wiif?' 1 and ^.ikiricd ^-atployoHtdurliig I h o on W»y o* t h r W o r l d Wlirri ii iniin'! , f i i i i h i ' t i I K i l l nil! h l l i l n» hurl us he was nt t h o i r age he t h i n k s the world is growing worse.-Week!?. t f h « on(ry or pa^'a^e^ v.'By in ·which tbov nr# phicfd A platform barrier seen 1n i mine w o r k i n g , tlo thick Fre-iort b«l ii) A I I v f h c n y c-oun'.y, Pa., and a sholf harrier in a niin« w o r k i n g tho I'lttibiiri; b^c} in Washington County, Pa , arc In tlsls c!a*,i. Tbo platform barrier was made- up o( a liirgc platform, ono odg» of whlcli was hicgM to a i:ros» bar at the roof. In cane of accidental operation this typo of barrier tormod un obstruction which occupiad more 'hun three- foil rtlis nf tU-e area of fh-o entry. Tiie shelf l)»rr''er coneifltmt of a «-rlos ot «holre« am nijpti In stopw from tins flcor to th^ roof. In addition to forai- i«S «n ohntniction to tentil.ilion, thrt-o-Cortlm of the trust in this waa below the centtsr of tho entry. Many barriers rnado up of units havo been neon i n . various parts of tho United States. T*(« in tho experimental mine hav« shown t h a t shallow V-trougha v/evv- ineffective oven whon they ?.xtcnd«od for a hundred feet along the "ritry. Tho rock-du«t barriers recommended by tho Bureau oC Minea are doslgned to oliminatq all of tho defects which have Ijeen roferrt-d to, alfx oUier defects not mentioned. When Txirriors arc beiiiR installed it will ba well to obeovvo carefully tho apecncations prepared by the Bur«iu of Mtnos. The speciftcatiorifi referred to are based upon a large number ot tc^sta oC bnr- riorj undor wither Hovera conditions. Property Latrobe- Connellsville Co., To Be Sold Feb. 28 The property oil tho 3jatrobi!- Conn-ellsviHo Coal Coke Company will be offered at epectal mahtor't, sftle ou Friday, February 28. The company went into the hands of r-eceivcr'i a y i ar or two ago, with tho principal plant, tho Oerry No t plant, being operated Intermittently in tho meantime, Tho company's hold- Ings aro Mlid lo tncirid-c a -considerable amount, of untntutKl coa! with tho valui' thernor being held nt a flgur» contiidei-Ahly in cxwsu of tho labilities, and the viuiv ha« been exprresud that in tho event of a hale, thero will bo larger cliancc oC tho dovaloproent oi t h e t'lopertlca on a larger scale t h a n d n n i ) f the (Kwt Cow years. liH'elrlclly In (SS I'JT Cent of Homes. Hlxty-elplit per c-snt of Uio horacxi In the United States, houHing sa.iiOO.OOO people, arQ iOtv'l with elottriclly. »I. M. COCHHAN, PiNMrldeat. 1C. IB. STOAWN, Vie* Jve»»w»*. - --- -- --- j ---- · WASHINGTON COAL. COKE CO Ccoooral Offlras, DAWSOK, FAVJBTTE COBBTY, 6,000 Tons Daily Capacity. Individual Cars. Youghiogheny Coal Stcaui Gas Coking Connelisville Coke Furnace and Foanflry tow Sulplinr Hard Structnro Shipments Tfa B. 0. B. JB. and P. L. B, E. B. oud Connections FJj\ Hrnflmnn, Sales Agent, 611 Wood Street, Hostetter-Cpnnellsville Coke Co HIGHEST GRAOi- Connelisville Coke Furnace and Foundry Orders Solicited Branch Offices 868 Fri«k Annex, .Pittsburgh, Pa. Exports Bituminous Coal Gained in 1929 U x p o r t s of bH«in!nou,3 conl d u r i n g the; ywtr 1U29 toUikni $GB,74i,S!2, an in^rf-iwe of approxicmtply 10 per cent ovef* the previous year, according to iljrures nmd" publlt- by tlio i n u i o r f t l s riiviston of I ho D e p a r t m e n t of C'oin- morc". Hhlimicnti in Doconibpr routed $1.747,r8'J, w h i c h was slightly hifclipr t h a n (he corro'jijondlnsi iuoiitli of 1DJS. according to f h o division. A n i h i a c l t o coal cxpurls d u i i i i K I h e veur totaled $:t:!,6fi8,C2;i, or ubout -1100,000 lefi.i thnji tlio 1928 totul. Ton- »nj?t exports, howovw, showed an iin'reusp ol' u p i i r c x t n i i t t t i l v tss'o per t e n t . i)ct-i)iiler * ! l i i j ) O i u i i t s toUili'd J'ii I0-,"r7, 'I RiUu of 13 PC')' ctMil o v n r Uio stuiti' inonOi of 1U2S, . u - f u f d i i i g 'o s h e U K u r e s . Coke c x p u r N iiHroa-cvl by a p p j o x i - m.ueb seven pov cent over tho prev- loiii- y o a r n n d lokilc-d $7,8 l-0,.'ifKS. Oi'- ' · n n i l i o i b l t i p n u n l . , [imoiinloi! to .f^b'J - ·!'2j ;inrl i l o c l l u e d H b o u t .1:2 p e r « p . t l f i o m Dri-oinhPi 1 o!' 1'VJ,^, ,ireordin£. I i ihc flii iion. World Production of Of Iron and Steel Had Record Year in!929 World protftictlon of iron and stco! {ifiK'hfHl a n«w poaJc in 1920, with a "lal of yf,S«0,000 tons *f piR iron and 18,7X5,030 ton* of stxi! ingots and aotingi, »ay« Iron Trad* lUsvl^w in j» aanuttl SBSIJC, th« Yearbook of Ini iiTtry. Tho total tonnag-o of steol ; rorhieod in th world in 1923 WH« 5.73 ; cr cwit more than in the prw*dirt£ -ar, and 9 ]x-r c«nt moro than In ni3. Ttx? United Statec with an Mit- I it of approximately D!,-Oa5,000 tons of s oel last y«a.r ocjntrlbut-ed 47.3 por c -nt of tli« world's tfltal, aijainst -I?. 5 f »r cent ia 1928. In Kurop* th» ste«l output advanced f: om 52,50 UXX! toniS to G7,»G,OQO tons, K ^ory Buropoan nation made progress, A aorgf the more- cone-picnoua was Crt*r- ir ury, whos9 production incroaaed by I. 4 per cent over that of J92S. Great B itain'.s advance ot J5.2 per «ont ia ix nmrkablo In that it wart dn« to trade »} pans ion alone. Russia's output In- ct a»otl nearly 10 pe-r c«nt, and Bolg-i itn'a by six per eont. The aggrogato outinrt of tbo fiT« co intrics which oriinUy formed the Ri ropoan ateol entente was alo«l 34,70 ',000 tona, or 4,400,000 tons in ox- ce a of tho total quota, fixwi by th-o en ento. This authorized output wa« re- iiooil by 10 iwr cent for tho last tw i months of 1929, and it is inter- c-sf ng to noto that Franoe, Bol-gium an Luxemburg reached th«ir highest ou put on roconl in Octobor, tn« mo itto immedlatoly precodlrtg that wh -n production waa restricted, a lie poculiar situation arose that all tbe mcmber-conntries exceeded their quf ta last year; cons-eti«*ntly, all had to ?ay ponalticfl, which were redis- tril tit«-d among tbo mAmbero in pro- por ion to tteir output. La*it year's eve its nave shown that the entonto can lot actually limit output, and that pro- oie-em prater to Incur the penalty to lestrictlng production, as long as thoj can command a markot. T o trend of, faho world's pig iron o u t j al was similar to that tor steel. Tho Increase over 1928 was 12.6 per c-cmt auowing, in fact, a higher rate than for steel, and considerably better prog reas than was registered, in 1928. The United States, which produced 44.4 MM- c«-nt of tho world total, gained 14.7 per cent over its outjHit of. 192S, and was mainly responsible for th« worl 1's incrcao. MINING IN TURKEY IS BY CONCESSION Al) mines situated in Turkish territory ire State property, says the- U n i t e 1 States Bureau of Minos. Oon. e«sic n« for tli«ir exploitation must be aj proved by tho Grand National Asscn bly of Turkey prior to their going i u ' o offwt. Concessions aJ-o generally granted tor 03 yours. ' Tli-c cotioe»Blon»ry haa 1h* o.ption of fonn4 g a coni-pany, organi.wrt ant! cormti uled vintlor Turkish law, w i t h i n one yt -vr Crom tbo dat\ of the concession. In corporations, tbo president of tbo ward of. directors, general manager, uitlitorfr, and at least one-half f ilk m mlxjrh of tho board of directors, tors in tat bo Turks The xn-thm of tlio yrolUs whk-li tho t-onoofa lonary ia required to t u r n ovei to tho 3tato and to tho labor and per- houn-ol employod la atidliiou to tho taxes h ilpulalod in tho mining regula- tion.s, i - levied upon the excess prolits -- the alun«e remaining after tbe ilediictl in (if n i t i f l«' eent intcri'Mt f o r tin itoncMf-ioiuu-y from the not p roil Us Thih p o i l i o n varies from 10 per con levied on excess proiits less ttuvn 10 per r:cnt ot the capital, to 10 p«r cn on excess pvollts- tunountlns to SG p f cent of the c.ipil"! or more. On ^ - t r i l l a I, 19a«, ilia TurliSsli !iund r a t i o n a l A ^ f ' i n b i y \ot-ed a Utw K r u u t i i u to UK* (loviMiuii.nil the- l i g h t if HIP M''"ll" ltlo » l)t tielroU-nm unii blt.uiHMi deposit!, u i n l t h p i r n a U i r a l , U r i \ o t l v e » Tho G o v e r n m e n t -in c l t l i P t n a k e u^ of t h i s i Igbt itself or ism nicoile II tq an i i u l h l d i m l or ^ni i c t lj Need of MomctJiins f Then in* our Classified Columns. E. fc. Ktarly, M, AM, See. C. IS. FAYETTE ENGINEERINd COMPANY irll, Mining 1 and ConiralCIng Engineers f «M4I land artirr^TH. riiHX, tHtllmatr* anil Sjtprrlnlmdrnrp «-f '(Ii»a. of rompltr oonl rtnil /Mtktnfi pinnln, rnllroniln, irnleB ·riiTUn, tity pnvlBir »»a »"tr»ri»iir, ··«'. Rxnmltinltun naul reports «« cnoi ln«l* uml mlHlug- prspertieiti Vtilunilonm SFECLU.TIESi COAI^ AXJt COKE V.LAKT8. OS I -3 Flmt JTsflcnuRl B«H| Rell Itifrnn I j X I Q \TOWK, P A . CIVIL and MIMING ENGINEER 625 and 627 Fayette Title Trust BIdg., Uniontown, Pa. Sjwetsiiiltl^t*--CoiwrtjtKrtlttn of Coal nRI CoUr Plnnin. ICxomJnfftton a»d reports on co»I proierltr. Valua4lo»H, .Superintendence, pinna, c»41nirrtrn. iHaf and property for 4« lailcp«-nilrti« cfmpRn!rn In Tcnnwylrnutn and TfrjrlBln, Conduuoua blue print nmchjur itncrt In elc-ctrto prludue Uc- Bell I'bone 3»0. 58 YEARS OF SERVICE 7lv__ ---i}]--~ Eureka Fire Brick Works. Coke Oven, Glass Hcmse. and Mill Operators Know the Meaning of "EUREKA " 1507 First national Battle Building, Pittsbnrgli, Pa. Mi. Braddoek, Pa,, Phone 49 Dunbar. Kerchner, Marshall Company Sales Agents OUNBAR MOTOR SAND Pig Iron Coke Coal 1645 Oliver Bld£. f Pittsburgh, Pa. Phone t Atl. 2280. Dunbar, Pa, Phone The Sum of Twenty-Five Cents (25c) Will Be Paid for Each Copy of The WEEKLY Courier That Is Listed Below : January 5, J2S ....................................................... - copies January 12, 1028 . .............. r. ........................................ 2 oojiU's May 31, 1028 ................. : ................................... ;} c-opu-s J u n e 7, 1828 .................................... I c o p j July «, 1S)2S ............................... 1 The Daily Courier ·; Connelisville, Pa. § ·i fVttVWtVWMWiiMVyVWi^ PATRONIZE THOSE WHO ADVERTISE INVTHR DAILXCOURIER

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