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Newspaper
Anaconda Standard
Location
Anaconda, Montana, United States of America
Date
Jun 26, 1905
Page
9
North Butte Copper plans major improvements after acquiring Speculator property. It orders a 3500 foot hoisting engine from Nordburg Milwaukee to replace the current unit and expects five month delivery to Butte. The move will enable ore hoisting via a new skip and higher daily capacity, with output rising toward 1000 tons daily.
One week saw Carle Galigher of Butte bond the Deadwood and Damarat claims for $120,000. The one year bond covers two adjoining mines in the Walkerville district as part of the consolidation.
Ella Mining Company stock negotiations are under way with a $150000 bid for all 10500 shares in the 15000 share block. The Ella mine northeast of the Reins property has not produced ore for years though a 800 foot shaft exists and past operations yielded silver ore worth about two dollars per pound before pumping issues halted deeper work. It is suspected backers include the Reins Copper group.
Prospects for the Hecla mine near Hecla in Beaverhead county indicate a reorganization under a proposed new corporation. Henry Knippenberg, current president and general manager, has suggested the move and stockholders may approve. The plan requires the present company to redeem the property, which was sold last year to satisfy a $26,000 judgment from Alexander McDonald and 343 employee claims against the firm.
Mr Knippenberg proposed a $150,000 redemption and transfer of Hecla Mine property to a new company with reduced capital stock and pro rata shares. Minority shareholders sought a receiver, but Indiana court denied the petition for lack of proof. If redeemed, reorganization and resumed work may begin. original outlay was $40,000 with $2,250,000 in dividends already paid.
Mining circles say commercial gold ore is struck in the porphyry dyke west of Brown's gulch eight miles from Butte. Butte men work the dig but withhold details. Rock assays have fallen short of high values, though a large quantity exists to sustain a mill and cyanide plant for years.
Charles W. Ellingwood and partners report a successful strike at the Little Georgia claim under lease. Owned by the Wade estate and a Lamour heir, the site lies near the Goldsmith lease where Ellingwood also operates. The ore is solid though not as rich as initially hoped, yet proves the presence of valuable silver beyond the central vein area.
An unidentified mining company pushes a 600 foot tunnel in Leslie gulch six miles southeast of Butte. It has built housing for workers and begun new claims adjoining the Maud S. vein. The Maud S. is developing to catch its ore body. Court ney brothers also drive a tunnel to reach their vein at greater depth after shipments of ore.
The Wood River Times notes that the White Knob copper mines near Mackay Idaho remain endorsed by investors though idle. Prominent figures including Lyttleton Price P M Bruner Frank Brown and Senator W A Clark have been involved. The article suggests insiders may aim to seize the property cheaply and resume mining soon warning the value of ore remains substantial and the mines are permanent.
Reports from Wardner and Silver Star detail a $2,175,000 total dividend by a local company since start, Colin Campbell becoming president in Goldfield, Nevada, structures rising at Green Campbell and Montana Zinc, and heavy water flow fixes at Reins Copper. A Leonard mine copper chunk and Cora mill engine upgrades highlight ongoing ore production and capital projects.
Travel by Denver and Rio Grande to Asbury Park Baltimore Buffalo and Denver for National Educational Association Christian Endeavor Elks Epworth League events with set sale and return dates. Fares range 32 to 74 dollars with extensions to Aug 31 and stopovers in Salt Lake City. Contact E. R. Hunt, General Agent, 51 East Broadway, Butte.
The Short Line offers round trip tickets to San Francisco for 51.50 and to Los Angeles for 56.99 with routes via Ogden or Portland. One way to Los Angeles via Portland is 61. Tickets valid three months with stopovers both directions. See 105 North Main street Butte for reservations.
The Grand theater in Butte will convert to a burlesque house soon ending vaudeville there. Sutton circuit’s Lulu Sutton opens July 9 at the Grand with The Princess of Patches. Pavilion and Family theaters feature The Kuehns and other acts amid moving pictures and new songs. Klaw and Erlanger plan major Drury Lane style productions for upcoming seasons.
Mr and Mrs J H Mitchell of Lewiston Idaho visit old friends in Butte for a few days. Mitchell helped make Columbia Gardens famous as its florist for several years and was a charter member of the Thumb Screw. He now serves as an agent for Bankers Life Insurance Omaha.
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