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Newspaper
Anaconda Standard
Location
Anaconda, Montana, United States of America
Date
May 07, 1907
Page
5
The report details a frenzied trading day with widespread activity across mostly unclear entities. It notes numerous transactions including a few blocks and varied prices, with prices mentioned in cents and dollars amid a volatile session.
Court proceedings reveal attorney actions in the Corby and Mahoney divorce and related matters. Notes show hearings, dismissals, and proposed jury actions, with multiple cases listed for May dates and several parties named in the docket.
Fragmented report describes a chaotic market session with references to traders, a tower, and disrupted prices. Mentions London market, GrAM Ia, and McDermott teaching a writing card, with slots of garbled names and times indicating a disorderly financial or commodity trading scene.
Reports from Battle Creek allege a crosscut at 600 feet depth may have exposed rich ore in the Jefferson Montana Mines property near Corbin. Manager A. H. Bird denies any definitive strike and cites pump delay hindering deeper sinking while noting variable vein width and ongoing development.
Basin Progress reports the Hidden Treasure property near Corbin showing 157 feet of development, a 100 foot tunnel, 20 to 30 crosscuts, and copper assays from 20 to 30 percent. Owned by Corbin Wickes Copper Co with Ike Brinava as president and J L Mikel as secretary, several Basin and Butte investors are interested. ore expected to yield $20 to $40 per ton, with potential for paying operations at minimal expense. Original owners include J D Hall, George H Hornbeck, and B Kinsley. J La Malm, superintendent, prepping for resume of operations. dynamo moved to zinc plant. ore from Big Chief and Gobonda gulches to feed the mill.
The castern market for Teadiig copper stock trades shows mixed activity with many issues barely moving. Total sales reached 44,600 shares across sessions while several brokers reported openings and closings with scattered percentage changes and a few notable dips in price.
The Colusa Seabird Extension Company struck a vein at 660 feet while probing a shaft. A milk wind cut a second vein, and a third vein was found 4 feet wide with galena, trending northeast by southwest. The crew believes the veins may converge east of the face to test if they form a larger ore body.
The Alta group of nine mining claims in Corblh Jefferton County was sold to M. Ts. Hewett of Ba by. The property includes five patented claims with a mill site and concentrator ground. Once famed as a leading gold and silver producer since 1867, it yielded about $20 million, with recent years showing copper and galena. An eastern syndicate backs the purchase and operations will begin soon.
Thomas Callawn appeared in Justice Grandy s court in Menderville Missouri charged with passing bad money. He was found guilty and fined twenty dollars. Mrs BR Leonard of 604 South Wyoming street refused to take the counterfeit bill but he persisted. In a separate case Louis Gorwnmt was tried in Trustles G Rhodaes court on assaulting a boy, with teeth knocked out during an alleged sexual incident. Judge Rhodes adjourned the matter for advisory purposes and will announce decision tomorrow.
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