Morning appeal. [volume] (Carson City, Nev.) 1877-1906, 1893-07-21
MINING ECONOMY.
A Big Reduction on the Com
stock.

1t has been limited for some time
past that there was to be a general
reduction on the Comstock, not only
of the salaries of the Superintend-
ents and officers, but that the miners
have agreed to a SO day rate.
There will be very material
scaling down in the salaries of all
officials, from the highest to the low
est, and also in the cost of transpor-
tation, supplies of all kinds, the mill
ing of ores and lastly the wages of
the miners. Those who are in
charge of the movement say that un-
less the reductions contemplated are
made the Comstock mines must soon
close, for with silver quoted at such
a heavy discount, and with most of
the mines unproductive and search
ing for new bodies of ore, it viii be
Impossible to collect assessments
upon stocks which have receded in
the average to prices which equal the
amount of the assessments asked for
and in some cases exceed it.
The Daily Report says:
There are in the Comstock lode
millions of tons of low grade ores,
which at reduced expenses can be
made available, and can be worked
at a profit.
Much of this low grade ore assays
high in gold, so that the heavy dis
count in silver does not much affect
it, provided that expenses can be re
duced to a point where it can be
protitably mined.
Such ores abound in vast quaint
ties in the Consolidated California
and Virginia, Savage, Hale e Nor
cross, Chollar, Potosi, Yellow Jacket
Consolidated Imperial, Crown Point,
Belcher, Overman and Justice mines
and are to be had in lesser amounts
in many of the other mines.
The reduction in general expenses
now contemplated will amount in the
aggregate to between $4,000 and
SO, 900 per month along the Com
stock.
Even with silver below its present
quoted value the leading productive
mnes cannot only live, but be made
10 yield profit with expenses so re-
duced.
This, as already stated, is largely
owing to the high percentage of gold
in Comstock ores, amounting in some
cases to 20 per cent.
The agreement which the salaried
officials of the Comstock in this city
have signed will be sent to Virginia
City tonight. The other reductions
are expected to follow. Some of
them have already been arranged.
Regarding the Miners Union, a
well-know Comstock Superintendent
who arrived here yesterday, said to
D. R. reporter this morning: 1.-The
boys have talked this matter over for
long time and thoroughly under
stand it. [ believe the union, real
izing the situation and seeing how all
the other interests are giving way,
will voluntarily submit to reduc-
ton in miners wages, which are now
81 per day, the same as they were in
the palmiest days of the Comsto k.
There are now only $50 miners at
work on the Comstock, and those
who have left it have found it hard
to get employment at 50 and s.. 90
per day. In the whole State of Ne
sada only ESQ miners are now en-
ployed and only 500 of those are
drawing pay. If expenses ere re-
duced 1000 men will be put to work
in the Comstock mines at IS per day
each, thus making good profits for
several of the companies and in
creasing the chances for striking new
bodies of ore.
The San Francisco Post says:
Nearly all the officers of the differ
ent companies in this city operating
at Virginia City, have signed an
agreement to scale their salaries %
per cent. The balance of the Off
GERS will sign today. The document
will be transmitted forthwith to
Virginia city for presentation to the
railroad, wood and waiter companies
and Miners Union.
All of these organizations will be
asked to make a similar reduction in