Gold Fading Ration Shrinks ASO Stockpiles
Fragmentary note reports reduced gold reserves and failing rations at ASO leading to concerns over supply. Authorities urge banked reserves to stabilize distribution and prevent shortages as tensions rise.
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Newspaper
Lovington Leader
Location
Lovington, New Mexico, United States of America
Date
Jan 08, 1915
Page
1
Fragmentary note reports reduced gold reserves and failing rations at ASO leading to concerns over supply. Authorities urge banked reserves to stabilize distribution and prevent shortages as tensions rise.
Allied reports note heavy action across a 400 mile Polish front with Germans pressing toward Lodz while Russians push toward Cracow. British experts claim German reserves dominate western theaters and warn Lodz’s capture would open route to Warsaw, as Italy contemplates joining the Triple Entente.
Allied breakthroughs push toward Roulers after Passchendaele recapture as French lines extend flanking moves from Ypres toward Menin and the Lys. German resistance remains intact with heavy coastal artillery and rearguard actions along Ypres Arras. Italian troops sent to Africa are noted among other war developments.
Tokio reported in the Diet that it has not decided whether Japan will restore the captured German base of Kiao Chow to China. Foreign Minister Kato said no promise had been made, while Navy Minister Yashiro noted Japan’s duties continue. The embassy in Washington said Japan’s intention to restore Kiao Chow had not changed.
A Bucharest dispatch reports Ru mania will join the Allies as desired by the nation including King Ferdinand and most statesmen, with Finance Minister Marghiloman as an exception. Entry timing is debated though fear grows Serbia may fall without immediate Romanian help. Austrians occupy Belgrade after heavy fighting lasting four months.
Reports from the French war office tally total casualties through November 10 at just over 590,000 killed wounded or captured. Nearly 100,000 killed in action. Berlin dispatches put German dead at about 180,000, British 20,000, Russian 60,000. Austria fields 1.5 million. Belgium 180,000. Servia ~one third of 100,000. French parliament to meet December 22 for finance committee duties.
Statewide agricultural activity includes 886000 barrels of apples, 18000 lambs shipped to Colorado, 100000 pounds beans from Nolan, 264 cattle cars loaded at Carlsbad, 2400 lambs sold near Logan, and 80000 sheep from Hubbell ranch. Remittance progress, road completion, land sales, and tax receipts are noted along with Bee t culture yields and trout fingerlings arriving for the Southwestern Sportsmen's Association.
Governor McDonald issues a statewide embargo prohibiting importation of cattle from all states and Canada into New Mexico. Stock en route must be held for inspection and cars must be disinfected. quarantine effective December 4, 1914, until rescinded.
Wildcat Leasing Company advances power infrastructure from White Oaks toward Carrizozo and Parsons with future lines to other properties. Parsons Mining expects about 100 horsepower and a minimum 30 percent saving on steam power. White Oaks district sees heavy labor on North and South Homestake properties as crews prepare to string wires in Carrizozo and establish a Campbell building office.
Portales Utilities Company and Portales Bank & Trust Company announce a cash prize contest offering 50 dollars in gold to the owners of the nearest appearing farms and farm houses in the Portales Valley to encourage painting and upkeep.
Roy News reports the death of Isaac L. Neiman, a mail clerk on the Dawson branch of the El Paso and Southwestern. He died from typhoid fever.
Northern New Mexico reports a great sugar beet year with Santa Fé freight through the city carrying beet cars to Colorado refineries. Maxell and other beet districts in Colfax County show rising shipment volumes as the harvest yields high quality beets superior in saccharine content to Colorado beets.
Representative Sereno E. Payne of New York died suddenly of heart failure in his apartment in Washington. The longtime congressman, born June 26, 1843, had just spoken on the House floor earlier Thursday and was a leading tariff authority and former Ways and Means chair. He lived alone. his wife died years ago and his only son could not be reached.
The First State Bank of Las Cruces failed to open after a Wednesday run sparked by rumors of shakiness. The State College of Agriculture and Mechanical Arts held about $73,000 in deposits, the largest, with total deposits around $172,000 and capital of $20,000. Hope remains that depositors may be safeguarded from heavy losses.
The trial for seven United Mine Workers members accused of killing William King in the Chandler mine battle last April opened after the twelfth juror was accepted by both prosecution and defense.
Independence Missouri Joseph Smith head of the reorganized church of Latter Day Saints dies at home after months of ill health and heart disease. Frederick M. Smith will succeed him as president. Funeral set for Old Stone Church with burial at Mound Grove. His wife six sons and two daughters at his bedside. Troops to Quit Colorado Gradually Denver governors statement on troop withdrawal and safety.
Albuquerque N M Stevens secretary of the I O O F grand lodge of New Mexico died here at age 68. He held that office for several years.
In Roswell the jury found Jim West not guilty of murdering William C. Holmes on August 15. West testified he acted in self defense as Holmes allegedly threatened him with a knife. Judge John T. McClure declared that perjured testimony was increasingly used in court.
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