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Newspaper
Anaconda Standard
Location
Anaconda, Montana, United States of America
Date
Jul 03, 1907
Page
7
Reports note Copper Eagle, formerly Bagl, resumes development at its Walkerville property facing flooding and water issues. Workers deepen mines and open shafts to access ore. attention focuses on new shaft paths while supporters tout savings from replacement mills as upgrades continue amid a cautious recovery.
The article details a busy trading day at the Watery of the Butler Mining Exchange with 4 transactions and substantial unsettled activity. Notable shares traded include Butte & Tacarn, Dallas Montana, and Belmont, with prices ranging from fractions of a cent to several cents per share. Tomorrow’s session is canceled for the Fourth, with markets resuming Monday at 40 emits.
An irregular ad fragment promotes a $71.90 round trip fare to Saratoga New York via Oregon Short Line with city ticket office contact details. It also mentions real estate investment, hotels, or boarding houses and names Greene & Co Seattle Washington in a garbled line.
A new holding company under Delaware law unifies the Nevada Consolidated Cumberland and Why Mines properties with the Copper interests of Olah Copper and other ventures. The plan quotes a $50 million capital and a big slate of shares to exchange for controlling interests in Biv Mines and related entities. The action aims to consolidate copper assets across several shires, with a 1908-1909 valuation cited and extensive milling and concentrating capacity planned. In other news, funeral services for De. George W. Wellas will be held at the residence of C. Brow in Walkerville.
Copper shares showed notable early activity in the East as brokers warned buyers of good value in Copper Range and Amalgamated while money rates remained elevated. Several issues fluctuated, with Union Copper and Greendale groups trading actively. total market volume reached 470,300 shares. Coroner to hold inquest into Dr. George H. Wells. stomach analysis due from chemist.
Bulte mine expert Bergstrom reports from Philipsburg area on the Prince mine near Stumptown, viewed as a potential producer in the Silver Belt. The American Smelting and Refining Co. holds an option, with rail and smelter shipments to East Helena primary for reduction. mine values run $18 to $20 per ton in silver and byproducts.
On sale via Oregon Short Line July 11 Final return limit 16 days Reserve berths now at Short Line City Ticket Office 198 North Main Street Butte Mont IF D Wilson D F and P A The bank insures packages jewelry money or other valuables sent by mail at lower prices than express companies A new dex in banking with merchant approval for valuables to distant points.
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