Press enter after choosing selection

In Bonanza Days

In Bonanza Days image
Parent Issue
Day
11
Month
October
Year
1893
Copyright
Public Domain
OCR Text

Times have chantfed on the western sloe of the Rocky mountains since the day when Philip Dldesheimer, then superintendent of the Ophir mine, bought ;i sealskis overcoal and paid 81,000 for it Financial darkness has si'! tiert on the región where at one time men holding positions similar to the one n&med drew all the way from 0 t i 52,000 salary per month. Then nobody was more prosperóos than the men who duif gold and silver from the pround in Nevada, but now the summit of Mount. Davidson is oecupied by the lean spirit of economy. Salaries must beslashed and all other expenses reduced, says the San Francisco Cali. When .Mr. Dldesheimer was bossing operations at Virginia City he was paid from S1.500 to 82.000 a month for his services, and he, lilce the other superintendi'iits. could ulïord to sjiend lavishlj. One of the first snperintendents, Mr. Palmer, who had charge of Ophir, had an annual salary of S.OOO for severál years, and none of them reeeived less than 81,000 a month. The other day the salary of Superintendent Keatinfr. of the Savage mine, who is one of the oldest and most experienced mining men on the coast, was cut down from S4U0 to 8200 a month, and the other tendente will naturally have to come to the same ternas. William H. Patton, who was superintendent of Consoli dated Virginia and a few other mines, received altogether from S1,'Í5U to 81,500 a month for years. Charles Strong, of the Gould & Curry; Hank Smith. of the Belcher; Mr. Osbiston, who was employed by the Gould & Curry, and other men long enjooed a salary of S13.000 a year. When the big Gould & Curry mili was built the company g-ave Mr. Strontr a present of S10.000 as an extra mark of appreciation for his services as superintendent. That mili was another example of the free manner in which cash was disbursed when the glory of the mines was at its height. Over eighty milis were running around Virginia City at that time - the year 1868 - and when they first began the charge they made was 30 a tjn. There was a sudden drop to 815 a ton bef ore long, and.then gradually the price eamedown SI a ton at a time until the present ra te of 86 :i ton (87 a ton in some milis) wffsreached. Even this rate is deemed too high now on account of the depressed condition of the mines, and the mine managers say that it must be reduced.

Article

Subjects
Old News
Ann Arbor Courier