Eureka daily sentinel. [volume] (Eureka, Nev.) 1871-1887, 1875-03-27


communication l mentioned that a re-
port prevailed that some of the mining
com panjes intended to shut down il
the price of cool advanced beyond 80
cents per bushel, and that even at that
figure they did not want to let any
contract whatever. Now, where on
this coast does the custom prevail that
parties engaged in supplying mines
are t. go on and guess at the amount
of material used in the mines instead
o fhaving contracts for certain amounts.
and on the strength of those contracts
to go on and fulfill them ? Does it Dot
indicate an entire lack of confidence
by the managers themselves in the
mines ? Are The mines, indeed, so poor
that they can not be worked unless
they are worked at such a rate as to
cause individuals who supply them
to lose, and at low rates are not dis
posed to contract even for six months
fuel. 1t is also stated that if coal goes
dboNt DU ttiIlS per buNiti, u ~ tiitdtct
to- use coke. is it, indeed Those who
experimental with tokea rear Z seem
to I've satisfied on that point.
AS lar as shutting down the mines
in the event of their having to pay
more than 80 cents per bushel for coal,
that, is too silly an idea for any one
possessed Of common sense to enter
tain.
Surprising that coal can not be
| made in sufficient quantity to run the
furnaces at thirty cents per bushel,
does any one for one suppose
hat either the Richmond or the En-
| reka Consolidated would shut down
if they would have to pay 35 cents?
Or if they did, where would their
stock be, that is TO- valued by hun
dreds of thousands and millions
When the report would 20 to LordOn
and San Francisco that coal, having
advanced to IS cents per bushels
price ut which they could not work
their ores, they were Obliged to stop
the mines aud smelling work, the
stock that is now held To the value oi
mil ions would sink out Of sight.
No! there need be no fear of the
mines shutting down If they have to
pay forty cents per bushel. They can
no more afford to shut down on "a e
count of a few cents "A hu>bel than III
individual can keep up his lick supply
ing item with coal at thirty cents per
bushel, haul the same from thirty tn
forty miles, guess at the amount they
may see til to take from him during
the season and lose half of his time, or
any time at all, unloading. In the for
mer case the stock would tumble out
at sight and they lose their value, and
in the latter ease bankruptcy ends theii
care+r. In both cases they become a.
iead, unless by sotiie new policy, or
rather change Of policy, they be -esnr-
rected. a
Every branch Of business connected
with the mines, except the coa busi-
ness, il fairly remunerated. The min
ers are receiving fair wages, so are The
men working at the furnaces. Me.
chanics are paid as we'll ~ any place
on the coast. The parties who furnish
mining timibers are deriving a fail
profit, and the hauling of ore pays
handsomely; but how many of us who
supply coal have come out even OF
ahead on the asst years operation? Not
one. even the prosperous, has
realized 500 per month and n fair per.
ceniage on their investment during
eight months of the best part Of the
season, while during the last four
months they have not kept even.
But where are the ma jority of those
who RIM the business last year? Echo
answers, where! CoALDURNER.