The Black Hills union and western stock review. [volume] (Rapid City, S.D.) 1904-19??, 1909-11-26
HONEST Take IS
NOW CLOSED
Supt. IGrelr Issues Order to
Close to Forestall a Strike
of the Miners.
NOTICES we're POSTED on last WEDNESDAY
Mine Closed Indefinitely at $500 .. m.
Means Heavy Loss to Many
People Of the Hills.

Standing by his order that after
January only 'non-union men would
be employed in the Homestake mine
near Lead, Supt. Grier on Wednesday
posted notices that the mine would
close indefinitely at 500 p. m. This
was the date set by the union when
new men could become members.
The order was for the purpose Of fore
stalling strike, which appeared In
evitable, and causes lockout to be-
come in force. The indications are
the mine will be closed for. some
time with no attempt to operate it
during the winter.
This means a great calamity for
Lead, as over half the population of
the city Is deprived of employment,
their only means of subsistence.
This will put the business of the city
in q bad way and If long continued
will be great hardship on the business
interests as we'll as on the miners and
their families dependent upon them
for food. In addition to Lead all
towns and cities in that section of the
Hills will be affected.
The Deadwood Telegram of the oath
inst, commenting ON the situation,
said:
"In view of this, the business men
of the town have been urging a COM
promise settlement. The only one
possible is for both sides to agree to
go back to the status before this trou-
Bile. For the5union to recind. its de-
cision. not to work with non-union
men, and for the Homestake to with
draw its ultimatum that no union.
men would be employed. The union,
having attained its object in getting
nearly all the non-union men into the
union, could afford to yield this much
to avoid a dire calamity involving the
entire northern Hills. 1t is said on
good authority that they are willing
to meet the Homestake on halfway
grounds and make the concession. II
so, the bushes men of Lead, as mutu-
al friends, should see that it is put up
to the Homestake company. Public
sentiment would condemn the COM
pany if it would not accept such a
proposition and meet the men half
way.
"Such compromise would not be
discreditable to either side and would
avoid great suffering and probable
& loss Of life."
wILL.LAsT LONG.
Lemuel Oyerpeck, who has been en-
ployed at the Homestake mine, was
in the city yesterday and expressed 1t
as his opinion the time was very in
definite when work would be resumed
at, the mine.. He intlmated that
I many people in Lead we're of opinion
the condition Is welcomed by heavy
stockhold lders in the corporation, as 1t
will offer an opportunity for the large
holders to buy up stock at greatly re-
duced price.
It Is stated there is some S5, ,000, 900
& of stocks held by numerous small in
vestors throughout the country. The
4 stock of the corporation Is not listed
on the exchange, yet 1t Is claimed to
!; have sold readily at 81 less than two
j months ago. last Monday in went to
78 and now 1t claimed to be between
60 and 60. Several large holders sold
at the higher margin In anticiption
Of . slump and with Intention Of buy
ing at low price. There are predic-
tions Of it going to as low as SO OF
lower. The Homestake is and has al
ways been good property.
Many miners are already leaving
Lead, going TO other mining districts
to secure work. Nearly all Of them
are single men who could depart on
short notice.
School Of Mines Won.
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