OCR Text |
Show Is Issued by the postmaster, the bullion bul-lion becomes absolutely insured againut loss to the company. GOLD BRICK BY MAIL; UNCLE SAM GUARD National Mines M Is $600 Packages Quarter Million Monthly, From northern Nevada's now great gold camn. National, conies the word that instead of paying a small army of guards high prices for their services ser-vices In guarding the gold bricks from mill to express ofllce, at Winne-mucca, Winne-mucca, the management of tbe National Na-tional Mines company has hit on a unique method of handling the Inclinable In-clinable yellow bricks, according to William Rea, who Is In Salt Lake from National. Speaking of this, the National Miner Min-er says: Tho possibility of loss to the National Mines company in making mak-ing Its frequent phenomenal shipments ship-ments of bullion to tho United States mints at Carson City, New. and San. Francisco, Cal., is now a thing of tho past. Packages by Mall. The plan of shipping the bullion bv mail, fully insured bv an English company, which assumes all risk of loss which plan was decided upon bv President John E. Pelton to take tbe place of the transportation of precious preci-ous stuff by aitoruohile to Winne-mucea, Winne-mucea, under henvy guard, and thence by express to the mints, was put into effect last Friday, On that dav the company shipped to the San Francisco Francis-co mint twentv-tive four-pound bars of bullion, valued at $16,000 Quarter Million Monthly. In the past tho bullion was niad Into molds of fifty pounds each. The size of the molds were reduced to four pounds to comply with the postal post-al laws, which specify that no package pack-age exceeding that weight can be transmitted throuKh the malls. Since the Initial shipment by mail Inst Friday, Fri-day, several similar shipments have been made Under the new plan, the shipments of bullion will average in xPie the same as under th old method, namely, a quarter of a mil-, lion dollars a month. Elirrloate Loss. Ry adopting the new- plan of ship-' ship-' Ping Its bullion, the company has been relieved of all possibility of loss. Its concern In the bullion censes when the four-pound bars aro registered regis-tered at the local postoTlce. As s .ot as the registry receipt for eHch bar |