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Newspaper
Anaconda Standard
Location
Anaconda, Montana, United States of America
Date
Jun 14, 1906
Page
14
Rapid work on the North Butte machinery continues as the engine and head frame near completion. Staff plan a trial run next week, with full operation delayed until July 1 to finalize cable setup and odds and ends before continuous daily output aims for higher tonnage from the mine.
Major mining companies in the Butte district file their annual reports ending June 1 detailing ore tonnage and values. Entries cover Boston & Montana, Anaconda, Butte & Boston, Parrot, North Butte, Parrot, Trenton, Washoe, and Red Metal groups with figures for ore extracted, gross yield per ton, extraction and reduction costs, transport, marketing, and net proceeds.
The Boston market showed little activity with sellers dominating and prices slipping. Amalgamated opened at 19814 and closed near 119, Anaconda weakened to 267, United Copper edged to 4315, and overall daily sales reached 545 500, signaling a fair but subdued session.
The Boston Financial News notes United Copper’s surplus of 370,087 with 1,257,7 last year and 3.5 million of subsidiary bonds sold at par since April 26. It cites improving Butte operations, unwatering Lexington mine, adequate machinery, and favorable labor relations. Stock offers are announced at Gallagher & Pohndorf, 226 South Main, Butte.
The East Butte Extension company under Frank H. Cooney bought the Columbus-Butts machinery for 1100 at sheriff sale, plans to process water from mine workings, and continue shipments from shafts 2 and 3. Steel works include a 129 horsepower boiler and hoisting engine at shaft No 3, with sinking at shaft No 5 paused for machinery setup.
More than a million and a quarter pounds of ore were produced while the Pittsburg and Montana Copper company operated its smelter from October to April. The firm continues mine development and reports steady headway as ore is sent to the Washoe plant.
An advertisement extols Bitters as a cure for poor appetite constipation heartburn flatulence nausea cramps dyspepsia and malaria fever and ague. It claims strong, verifiable results and urges readers to insist on Hostetter's brand while noting a distinctive bottle neck label.
Butte and London Copper company invites bids for setting four boilers. Plans and specifications available at the mine. Right to reject any and all bids reserved. A. A. M'Miluan, Superintendent.
Three firms are developing the Funeral Range mining site with two more to start operations soon. Current workers include Funeral Range Copper company Furnace Creek Copper company and partners GW Brady H W Teague and Pat Kirby representing Butte capital. First company employs 12 men though Furnace Creek Copper faces delays from material shortages but expects to start smoothly soon. Northwest Coal company shows a new location Silver Bow block 16 West Granite. Contact numbers: Slemons Booths office U P Rock Springs Diamond Rocky Fork Bridger Telephone 503. Local liquor brands listed: Bohemian beer Old Crow Bush mills Dublin porter at Daly's.
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