AbstractsBusiness Management & Administration

Underground records

by Robert Hardy Bedford

Institution: Missouri University of Science and Technology
Year: 1911
Record ID: 1582402
Full text PDF: http://hdl.handle.net/10355/17857


"It may save confusion to now state that "Underground Records" is used in sense of information regarding labor, supplies, and output of the underground proper, in distinction from "Costs" - a term here used for results of the sum total of all records after they have passed through the hands of the book keeping-accounting staff. The essentials of underground records are more or less carefully collected by all mining companies of any importance, but are too often, before they have come under the eyes of the mine management in intelligible or suggestive form, obscured by the addition of a "witches cauldron" mixture of a proportion of "surface charges", supply, power and what not, and the inevitable fixed charges. From the first dollar spent in drilling holes in the stopes to the final total mining costs, flows - as it were - a river of expense, augmented periodically by the various tributaries of charges incidental to the work" – p. [2].