Eureka daily sentinel. [volume] (Eureka, Nev.) 1871-1887, 1877-05-24
PACIFIC COAST.
Palace Miners.
A Circular From the Com.
mittee of Five.
They Want to get at the Expense
of Running Things.
THE PEOPLES R
4 Movement to Place Non.parti
san Ticket In the Field.
THE PEOPLES R
san FRANCISCO. May o.

SAN FRANCISCO, May %.
The committee appointed at the re-
cent meeting of the bankers and brok-
ers at the Palace Hotel to devise
means to reduce mining expenses
have prepared the following circular,
a copy OF which will be sent to the Of
ficials of all the companies listed OIL
the San Francisco Stock and Exchange
Board: Gentlemen--At a meeting held
in the Palace Hotel, on Tuesday the
18th inst, 10 consider the CAUSES OF the
present depression in mining interests,
and to discuss some practical remedy
therefor, a COMMITTEES was appointed
to communicate with the management
Of our various mines, with the view of
a~scertaining how far the expenses now
generally incurred an with just pro-
priety be reduced. The Importance Of
some action to this end has been pub
licly urged. Accordingly we invite
your kind cooperation in the duties
assigned US, and most respectfully ask
you to assist in furnishing such data
as appears necessary to u proper
consideration of the subject. 1t
seems advisable to collect the av-
erage opinions Of the different
Arrangements controlling mines upon
VIC PIODGllN
digested, may, it is hoped, prove Of
greatest value to the permanent inter.
est of stockholders. Wholly disclaim
ing any attempt to submit the private
affairs oil any company to unwarrant.
able scrutiny for merely personal
ends, We simply solicit such ready in
formation bearing upon the possible
ty of etfecting reasonable reductions in
present mining expenses and manage
ment as you may cheerfully accord.
We desire to ascertain the entire cost
of running each mine, seeking to COM
pile statistical evidence as to whether
the present current expenses are gen.
orally within the limits con list.
ent with the faithful discharge Of
the requisite duties in properly
prospecting. developing, extracting
and working pres. We await
your views on this subject, which
IL will afford us pleasure to receive,
accompanied by statistics Of the mines
under your direction, and invite your
general aid and prompt action in all
matters relating to this investigation.
Very respectfully.
j. w. COLEMAN,
Chairman OF COMMITTEES.
j. w. Coleman, A. II. Lissak, Jr.,
VIM. Sharon, J. &. Flood, A. Austin,
NJ. j. Mcdonald, J. ID. Fry, Commit.
tee.
A call is being largely signed by the
business men of this city asking the
Citizens COMMITTEES Of 1875 to appoint
a committee of "A to nominate a full
ticket Of city and county officers, ire
spective of party lines. This is the or
ganization which two years x ia.
vored the election of the ticket headed
by Chas. Clayton for Mayor.
Arizona Mining News Regular
Trains Running to the Colorado.
SAN DIEGO, May %.
A dispatch from Yuma has the fol.
lowing: Telegraphic advices from the
Silver King mine are very fiattering,
the character Of the ore now being
richer, If possible, than ever. The
mining machinery and concentration
Will be In running order in eight days,
when Arizona's bullion export will be-
considerably increased. Col. Mosip,
of the Silver Belle, passed here yester.
day, en- route TO Florence, TO repar
for the reception of mining machinery
for the Silver Belle mine. MANY Of
fers to purchase it outright were made
in San Francisco, but were refused, as
this Is considered a very rich and ex-
tensive body Of ore. Reports from the