New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-06-30
RESTRICTING OPERATIONS ELSEWHERE.

THE SILVER SITUATION CAUSING MINERS AND
SHELTER OWNERS TO RETRENCH.
spolonc Wash. June co-Therc Is considerable eA'
element In Coeur d'Al"n" country over NV
question. There three things WHICH are ,'
ing tho -rcat mining d,trict-siver, lead anu ''uo'
several Of the largest mines have smut u'"" ~
~, las, few days and others threaten to. \ ""
DAYS az, miners In the Gem and Frisco mines o'''"'
,cd to strike for IN increase Of fifty cents per ia!
and thc troubles Of a year ago are feareo' Al tue
same time silver droIped, and now 'he "''"'' "'
closed Workmen III the Last 'hance n''' NV
ood On q, Graded scale Of wages, taking part pay
in per cent OF profits, ana the mime WIS "p'"'"
Yesterday. IA, ,
,,, =, 90 ,o and carmen and slovellers at 80
per day. with silver at 20 cents ana 'eao 1T - al,
ho mines I'm the Occur Aenc country can nc workeu
,roa,,h,v and Will continue TO run But there hus'
be an ,u,ivaent FOR this. Lead or silver "'u'' '''
or wages must 20 down. There Is u s''''' "'"' "
an xIety and mining men hold oahy eohie''n'''.
Unless There Is an advance In silver or hiu III H"
,,n. .vcrv mine in the Occur d'Alcnc country Is
ilelv to CLOSE This will stop the daiiy o"'p" VI
hort = 600 ounces Of silver and so tons OF leau'
Mine owners ecncrally want the sherman law r''
,,od ,t oncc and Il majority favor free coinage '''
an experiment .u;, ,ho,
omaha lime o0-Thcre Is strong probability tha'
the bc Grant smelling and Refining WORKS III ",''
CITY will be closed on account Oh 'Hc "'''"'
e,lv.r f. w. Nash, treasurer of the company sa'i
Yesterday: .wc have quit buying, and shall by no
NOR, .ilv,r until matters take different turn' III
we cannot afford to work silver We shall have TO
shut up shop. M ,, :, ou,s smo,tinp and
po.ni,r Cnmpanv. operating large plant at Howard
- n'atI," Mo will shut down July Owing 10 the
80, collapse I'm silver, ana VIII not reopen iitll
o,,nra assume a better phase Three hundred men
mn mn io ,hrown out Of employment .
wI, M. ~ civ June 29.-Augl,t r. Meyer. presi.
r. 80 Tho consolidated kansas city smelling and
Wnn,nr Company said yesterday that the fall In the
,n. of silver would have no effect upon the com.
Pnr,s b,,sIncss as 1t had anticipated the fall OF
ill., over n year ago. ani mad reduced us silver
LII and begin to smclt copper and lead Instead
WI" un,,o City Idaho. June 2D.-Thc Wood River silver
vin. owners with few exceptions. have suspended
nnutions owing to the fall In silver.
VIZ ,raicnn Mont June 2D.-EN Governor lialser,
chi,f ownsr of Helena Smeer which Is turning our
ahnut s.lOO 900 In bullion every month"; says IL VIII
moi close ms there Is enough gold and lead In the ores
~ Montana to keep 1t running III spite OF Low prices
~ slIycr He the present situafion VIII cause
- ,rtIon I'm favor Of silver. Every silver mine mat
closcs down reduces the production OF sod Inc re-
slt will bc contraction OF the gold product 10 less
than S,j5 900. 600 per annunn. an amount wn,sh Il
consumed every year In the arts alone Money
win hecomr sc;rcrr, gold 60 TO premium ana ,his
scarcity will compel increased use OF silver iaiser
thinks the next Congress vii, repeal the sherman law
and mass law for tn" coinage OF three or our NH
ions Of silver per month increased ratio Haiiser
is one of the largest mine owners In Montana.