Show I 1 aly A few weeks ago there appeared in the columns 91 the san francisco call an article in reply to an eastern journal explaining why the improvement on the comstock lode had not I 1 been followed by an increase of business or an advance la on the stock exchange the article As we understand attracted some attention among the brokers and various augi geat ions have been anadem ith a view the abuses which it deb tact no ta business is a pretty ous one for the brokers the voli to of transactions on the exchange is not much over one half what it was a year ago the mines des arme are looking better and the whole thing has assumed lio farcical a shad that news of a develop locht ina mine is pretty sure to be followed by a decline I 1 in the stock the call then proceeds to explain very correct lathat people are not buy ing stocks because they are con tinted that the mines are not being managed for the lo terest of their owners but are being worked wholly u d go ely for the benefit of a low west luay mon who own om mills they believe that all the money aich may be got out of the comstock will go into the hands of these ald in d five dollard dollar 4 f n the average to the comstock oret he mills c llado seven dollars on ore fair grade tills two dollard a ton Is about all the neofit that the industry as ard a E yen when higher grade ore la found t he mill owners who manage the mines manage to their st oc mixing grado ore with very low grade ore which could not alone be mined and milled except at a 1085 and thus they run a vast quantity of oro through the mill at a profit to themselves of two dollars a ton or over and yet the bullion pro duct is so small that there Is kotbin 9 for the stockholders in this way if the comstock yields this year two million tons of ore the mill may realize four or five million dollars without the stockholders in the ininee getting a penny this is the way some Other schemes are being worked not over fifty all ties frota ogden but they must collapse it last and thi schemers come to grief |