North Butte Copper Mines Promise Strong Future
North Butte notes high ore yields of about 100 pounds per ton at a cost around 50 cents per pound. The Edith May and Jessie veins at depth show expanding resources with 700,000 tons ready at the 1,000 foot level and a refined 10 to 12 percent ore value reported. Daily production runs about 1,600 tons with a May production cost record and substantial silver by products, while contracts with Washoe smelter bolster cash savings and earnings potential.
MENTIONED IN THIS ARTICLE
Edith May
Jessie
Butte
Cmpany
Washoe
North Butte
Berlin Lode
Amalgamated properties in Montana reports finances
Joan Gillie general manager of Amalgamated Properties in Montana noted at a pre rate hearing that Roanes King is improving each day. The June report shows bullion receipts of 28 000 and expenses 9 000 yielding a net profit of 8 000 as the property remains prospects for future gains.
MENTIONED IN THIS ARTICLE
Helena
Joan Gillie
Amalgamated Properties
Montana
Ife
Petition in Bankruptcy Filed by the Cooneys
Kohk H. JCooney and Byron KE. Cooney file for bankruptcy in Putte States court. Liabilities total about 18 944 dollars owed to Symes Bank on notes. Frank Cooney lists 270 655 and Byron Cooney 214 05950 in liabilities with assets 42 445 including 85 000 in equity in a suit against Pat Wall and Frank Sullivan. Mining stock makes up most assets.
MENTIONED IN THIS ARTICLE
Kohk H. Jcooney
Byron KE
Cooney Bros
Putte
States Symes Bank
Frank Coeds
Staten Ter
Byron Cenopew
Firot Cere
Frank Cooney
Pat Wall
Frank Sullivan
Eivren Coones
Papers Must Pay Cash to Travel on Railroads
A US circuit court judge bars Chicago Indianapolis Louisville Railway from issuing travel tickets to Munsey’s Magazine in exchange for advertising. The ruling, dated July 16, 1907, halted a January 1907 contract offering $500 in mileage for ad space, ruling the arrangement violated the Hepburn law.
MENTIONED IN THIS ARTICLE
Kohlsatt
United States Circuit Court
Chicago, Indianapolis & Louisville Railway Company
Munsey’s
Frank A. Munsey & Co
Treasury balances report from Washington on July fifteenth
The general fund statement shows available cash 218,001,920 dollars and gold holdings including coin bullion 80,480 dollars and certificates 6,167,500 dollars.
MENTIONED IN THIS ARTICLE
Washington
Treasury
General Fund
Eyesight and headaches linked to ill fitted glasses
A health ad urges timely vision care noting headaches from eye strain may vanish with properly fitted glasses. It claims nervousness can stem from eye strain and reading fatigue improves when lenses are correctly matched to the eyes.
Eye examinations and lens fitting offered without cost
Drs. McKendry and Hannifin provide free eye exams and custom on site lens grinding. Their experience is advertised as safeguarding against ineffective or harmful lenses.
Market Sees Strong Trading and Copper Stock Activity
A brisk trading session features robust demand for Butte Coalition and North Butte with profit taking capping gains. Ros ton & Montana declares a dividend of $2 a share plus $1 special, while several copper names show firm to higher prices amid bull sentiment and cautious profit taking.
MENTIONED IN THIS ARTICLE
Butte Coalition
North Butte
Roston & Montana
Foster
Boston
London
Amalgamated
St. Paul
Logan & Bryan
New York
North Butte Extension Shows 600 Foot Shaft Progress
Dudley A Tyng & Co reports the North Butte Extension owes about 60 000 on July 1 with 37000 to Overman and 19000 in bills and 8000 in attachments. Directors plan immediate sale of 75 000 notes to liquidate debts and consider a 250 000 to 300 000 bond issue for development. A 600 foot shaft on the Black Crow claim reveals a 60 foot vein width and a promising stringer near 500 to 600 feet, though zinc is scarce and ore grades are light. The stockholders face a special meeting in New York to approve financing and development. The Black Rock vein contrasted with zinc-rich portions elsewhere.
MENTIONED IN THIS ARTICLE
Ley A. Tyng & Co
Chicago
North Butte
Mwin
A. M. Andrews
North Butte Extension
Butte
New York City
Dudley A. Tyng
Black Rock
Butte & Superior Company
Black Crow
North Butte Extension Company
Leper Welcome for Atlantic Fleet Salute Planned
Three lepers on Molokai bought daylight fireworks to salute the Atlantic battleship fleet as it passes. A large Welcome sign will form from an explosion. The Glacier is at Honolulu and in wireless contact with the flagship Connecticut. The Kahuku wireless station intercepted a Washington message. A naval coal shed fire is under control.
MENTIONED IN THIS ARTICLE
Honolulu
Molokai
Glacier
Connecticut
Kahuku
Washington
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THE
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Curtis Block
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East Park Street