The morning call. [volume] (San Francisco [Calif.]) 1878-1895, 1893-08-15

THE STOCK

The market opened steady but vyester-
day and prices remained unclaimed. Inc only
favorable news from the front was in the weekly
report rom the Con. Cal ~ Va. In this mine they
extracted 4 tons OF ore. and milea 5oo tons
during the week at a battery assay of S3Z os per
ton. his Will work profit for the company. and
If the present rate is kept up the company VIII ue
enabled tn add 10 its present balance o. s4o'ooo.
Anent the proposed reductions III expenses
Saturdays Virginia Chronicle contains the fol-
lowing:
The irginia Miners Union met last night but
as far as learned action was taken upon the
proposition of a reduction OF wages. as the COM
m1ttee on co ference with The Cod Hill Miners
Unton and the Mechanics Mon OF Storey County
have n ar VET completed their ia0ors or banded in
a report Information pronlscuously obtained
shows diversity of opiaion on the wage ques-
ton but the bulk OF sentiment expressed is
against reduction.
rs reported that the railroad has inaugurated
q cn+ of 20 per cent upon all employees: that
Treigbts are virtually reduced. aHd the rates Oh
Decentralization i ores have been Jesse ed If ia
even ont thar wood is to % delivered mere by
tie railroad company at 81 so per cord less than
heretofore.
company, althu ugh II Is moot ID that that corpu-
ration Will maze corresponding cut with the
railroad. 1t is also stated that the oficiats OF tue
their .laries-
The miners have listened to the various rumors
OF reductions, but as yet have taken STOCK in
the same The' contend that miner has never
Oeen pald 100 much Tor his services. When he
steps upon cage in a mine snait to 90 10 the
lower levels he carries his life in his hands IL Is
worth The 81 paid 10 deye in the depths ami the
noNous gases, where daily men picked ont
overcome by Iou tunes, and hours are cousumed
in the work of resuscitation.
The mntrS also contend That he cuts proposed
TO he made ny tie railroad, water company and
mine oncldIS should have been made years ago,
as II IS not owing to the wages paid the miutrs
that the mines are not worked at profit. but
rather TO the e1orbitant salaries paid officials aud
ShoneSt management OF the mining ring
II the railroad. water company, mill cOmpanleS
aud Salaried officials all accept material reduc-
tons ana more economical methods prevall. il
would seem rs II the mines Il be operated
especially as there are now only about SO Of them
work on the lode
Again, the miners are waiting for an assurance
of good faith from the railroad, water comp nv
ana mine officials regarding the reducti, ms they
claim & have made. After they receive efnite
ln' urnatl0h OF what has been done by the
porations. they VIII act on the proposition sub
mltted 10 the Unions asking n reduction in wages
The labor unions desire some assurance of good
fslIh on the part OF the mine management, a5 pro-
LESSONS on paper amouat 10 naught.
NOTES
silver made quite a sharp decline yesterday and
d down to 1-l.c III New York and 3534 c III
London.
The dividends of Ice per share each on May
flower nj the " y q. ID. mining companies
shares pay able to-day.
lie following Official reports were placed on file
yesterday:
golden rAL-From the west ledge on the 200
and 400 levels we extracting a'd milling
s1ut nv" tons 81 ore per day OF the average value
a. So yer ton, as per car sample. Rave milied
auftIc The Werk 90 tu"S of the average value, as
ct battery samples. OF ST per ton.
htNTEt K-Havc extracted from the west ledge
ca tie 100 level about 20 tons OF per day of
tie average value. AS per car samples, of IS per
ton In god. TIE south DRIFT from the joint east
.rosScut IS IN % feet; face in low-grade