Butte and London crosscut work eyed by investors
Duluth financier Congdon and mining engineer Fields inspect the Butte and London crosscut at 600 feet and discuss whether to continue development. Rainbow and Greendale hold stakes, with Butte & London owning 49 percent. funding tension may halt pumps and force closure unless a cash call is met.
MENTIONED IN THIS ARTICLE
B.C. Conedon
Duluth
North Butte
T. A. Fields
Fone
Cole and
Congdon
Butte & London
Messrs
Cong~ Don
Fields
Butte & Lone Don
Rainbow
Greendale
Rainbow Development Company
Greendale Exploration Company
Rainbow. Company
Mi 0
Hardy
Prospecting Shows Rich Copper Silver Zinc Vein Possibility
A new north crosscut vein 200 feet from the crosscut end yields 20 to 25 feet of mineralized rock with 1.3 percent copper and four ounces of silver, plus 10 percent zinc. Samples run up to 3 percent copper. other examined veins are promising but less so. Market conditions and ongoing European war demand could fund further development, saving the costly unwatering and reworking of the shaft.
MENTIONED IN THIS ARTICLE
Butte & Superior
North Butte
Messrs. Congdon and Fields
Europe
Inter
Chicago Wheat Markets End Year With Sharp Gains
Chicago markets closed with notable price jumps in wheat as December bids rose to higher levels on improved shipping prospects. May and July contracts showed gains, oats and provisions followed the broader grain strength amid expectations of strong European demand and heavy clearances.
MENTIONED IN THIS ARTICLE
Chicago
Europe
East Butte Copper Mining declares 1.00 dividend per share
The East Butte Copper Mining company informs 2,200 stockholders of record December 30 that a current year dividend of 1.00 per share will be paid January 20, based on about 411,000 dollars from two months of operations. October profits reached 225,000 dollars, about 2.7 million annual rate.
MENTIONED IN THIS ARTICLE
East Bute Company
East Butte Copper Mining Company
Stonawk Mining Company
Tock
Copper: Arizona market details obscure in garbled note
A fragmentary and unclear clipping references Arizona copper stocks and a New York market halt or change. The text is heavily garbled, mentioning Ray Consolidated, Ray map area, and price notes around 33 dollars, but lacks coherent facts or dates.
MENTIONED IN THIS ARTICLE
Arizona Ray Copper
Tay Consolidated and Ray
New York
Delmoe Land Suit Under Advisement
In a federal case, Aquilino Delmoe sues Rainbow Lode Development and Butte and Superior Mining. Judge Bourquin took the matter under advisement after final evidence and arguments. a decision was not indicated, with delays noted over three days. Judge Hourquin prepared for Helena opening term.
MENTIONED IN THIS ARTICLE
Aquilino Delmoe
Rainbow Lode Development Company
Butte & Superior Mining Company
Judge Bourquin
Adviseme
Judge Hourquin
Delmoe
Helena
Butte
Mt Would
Eastern Exchanges Close For Holiday Calm
New York and Moston exchanges shut yesterday for a three day holiday, reopening next Tuesday. Trading slowed, with some local activity in prominent stocks. Copper markets showed small dealings as producers sold up, while Dow Jones & Co forecasts copper costs and profits for the year. Portland live-stock and wheat markets posted steady to firm prices amid steady receipts and mixed quotations.
MENTIONED IN THIS ARTICLE
Butte
Boston
New York
Chicago
Duluth
Anh Lake
Spokane
Paine, Webber&co
Mass
New York Cotton Exchange
Chicago Board of Trade
East Broadway
H. B. Byrne
Mgr
Eastern Stock Exchange
Montani
Moston
Tuolumne
Davie-Daly
Colum
Leonard
Main Range
Tarbox
Hayden, Stone & Co
Larke
Stock Exchange
All Mines To Run On New Year's Day By Anaconda
Anaconda Company announces all Putte mines will operate on day and night shifts New Year’s Day including zinc and copper mines but several mines Berkeley Silver Bow Tramway West Colusa Pennsylvania Leonard shut down today for both shifts Weather and thawing conditions easing. December output will be lower due to widespread stoppages across major copper producers.
MENTIONED IN THIS ARTICLE
Anaconda Company
Putte
Berkeley
Silver Bow
Tramway
West Colusa
Pennsylvania
Leonard
Anaconda
Northern Pacific Spur Survey Starts in East Butte District
Surveying work began yesterday for a proposed Northern Pacific spur to reach multiple mining districts east of Butte. About one and a half miles of track are planned, with a route leaving southeast of the round route and south of Pittsmont. The line would connect Butte Duluth and other properties, enabling a switch to North Butte properties and reducing supply and ore transport costs for several active companies.
MENTIONED IN THIS ARTICLE
Northern Pacific Road
East Butte
Pittsmont
Duluth
Butte Main Range
Colusa, Leonard and
Butte & London Properties
North Butte Properties
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Gaim
Rainbow Company
Tutte & London
Butte & London Company
Heilbronner Company
Montana
Gotton
Butte-Main Range
Butte & Arizona
Great Butte
Mont
Seraten Graver Tuolumne United East Tarbox
Barnes-King
Butte & Bacorn
Butte-Bullwhacker
Butte & Ely
Butte & Great
Colusa-Leonard
London
Lauzier-Wolcott Company
Wea
Riba
Boise
United States
the East
Ant Hutte
Dretton
Anouit
Prema
Pee Sidus Fontana Ottone
Rover
Tts
Arizona
Wang
Arizona Ray
L. Wilson & Co
Avenue Phoenin
Amz
Delmoe Land
Vec. Or
Sic
Tron
Ame
York
Sotme
Dow, Jones & Co
Portland
Portand
Hoxs
Calven
Northern
Pacific
Daly Bank and Trust Company of
Butteway Et
General Banking
Charles
Krllt
Sae
Dean Indorne
Caanae
Kunkel
Anatatant
First National Bank of Butte
Yweorge
Miners Savings Bank and Trust
Dinbet
Mepowill
Pewden
Thomas
Clark
W. A. Clark & Brother Bankers
Abe
Alex, J. Johnston
SNC
Franada
Shapa
Geposita
Ross Cla
Western Montana — Bank
North Main
Silver Bow National Bank
Savings Department
U. S
West Park Street
Wycomb, Wereld
Anaconda Copper Mining Company
Bonner
Idaho-Montana