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Anaconda Standard in Anaconda, Montana

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This newspaper page contains 15 articles. Subscribers can read the full text of each article.

Newspaper

Anaconda Standard

Location

Anaconda, Montana, United States of America

Date

May 22, 1916

Page

12

Bayonne Gold Mine Sold To Philadelphia Syndicate

A Bayonne gold mine in British Columbia, long idle after owner disputes, is reportedly sold to a Philadelphia syndicate for about 200000. James W. Gerard US ambassador to Germany and Thomas Hickey of Butte helped secure control, with plans to resume operations pending transport improvements and a wagon road to the mine. The deal followed years of halted activity during which World War I interrupted development.

Bayonne Creek British Columbia James W. Gerard United States Germany Thomas Hickey Butte Philadelphia William Maher Nelson British Co | Jumble Yeay Properey Sats Isis Gerard Mer Hickey Wepew Spoxane Berlin Sal Bayonne Salmon River Yat Lake Columbia Mts Sheep Creek

Slump in Caledonia Stock Triggers Investor Worries

Caledonia stock on Spokane exchange plunged from 108 dollars to under 80 cents per share in a 24 hour slide. officials cite no warrant for the drop and urge calm. Company forecasts two years of ore supply, three cent dividends this year, then two cents next year if conditions hold.

Caledonia Spokane Stock Exchange McKinnis

Anaconda Company Operating Figures 1915 Costs

Analysis shows 1915 mining costs at 3.94 per ton on 4,282,340 tons versus 3.92 per ton on 2,904,882 tons in 1914. Increased wages in 1915 raised costs by 25 to 60 cents per ton, with freight saving about 3 cents per ton. Milling and smelting rose 63 cents per ton. refined copper costs fell to 1.17 vs 1.29 cents per pound in 1914.

Anaconda Great Falls Bernand

Bunker Hill and Sullivan Mines Report Huge Ore Reserves

The Bunker Hill and Sullivan Mining company reports ore reserves totaling 3,578,000 tons as of December 31, 1915 for the Stemwinder Sullivan and Bunker Hill mines at Kellogg Wardner Idaho. The annual 1915 review shows 64,636 tons mined and 54,424 tons shipped, with total production cost and a strong balance sheet including $8,270,000 capitalization and $3,691,165 surplus. Dividends paid totaled $532,558 and income from various sources added $103,967. The firm plans to build its own smelter near The, with 1816 gross product value reported as $4,139,393.

Bunker Mil & Sullivan Keltogs- Wardner Idaho Stanley A. Easton Bunker Hill & Sullivan Mining Company Bunker Hill Offeta Stemwinder Sullivan Bunker Hil Kellogg Tank HM & Sullivan Caledonia Company Sierra Nevada Company

Rich ore found in Elkhorn workings crosscut

A New York paper reports the Boston Montana east crosscut at the Elkhorn workings penetrated nearly two feet of rich ore with assays around 30 percent zinc and over 80 percent copper plus high silver. The west crosscut extends beyond 100 feet with mineral vein matter but no commercial ore shoot yet.

New York Boston-Montana Elkhorn

Federal Mining declares second regular dividend for 1916

The Federal Mining and Smelting company announces a second regular dividend for 1916 at 1 percent on preferred stock totaling $120,000, payable June 6 to shareholders of record May 18. Cumulative profit disbursements reach $15,525,545 by June 4, with operations across four Coeur d Alene properties and the Frisco mine in Montana yielding 497,011 tons of ore for 1915 and $658,000 in net profits.

Federal Mining and Smelting Company Federal Coeur d’Alenes Standard Last Chance Frisco Tron Mountain Montana Shoshone County Idaho

New Mexico Militia To Own Fine Aeroplane

The Aero Club of America bought the twin motor aeroplane flown by Victor Carlstrom from New York to this city in four hours. It will be presented to the New Mexico national guard on duty at the Mexican border, equipped with a two pounder gun and air compass. The craft costs about $10,000. the Aero Club will cover $7,500, while the New Mexico guard has raised $2,500.

New York Victor Carlstrom New News Th Aero Club of America National Guard of New Mexico Aero Club Aero Hub New Mexico Guard Bronson M. Cuffin

Butte Investors Push Control of Coeur d Alene Mine

Roscoe L. Oakes of San Francisco invests in the Tin Mining property in Coeur d Alenes. W H Nicholls and associates of Butte San Francisco and Wallace have taken control. The project plans a 260 foot tunnel extension to reach the 50 foot vein, with 1420 feet already underground. Three veins are identified, with ore carrying silver lead and zinc. Mitchem & Lawcon of Jone have a contract for the next season, working to 2 to 2.5 feet daily.

Roscoe L. Oakes San Francisco Tn Mining Coeur d’Alenes W. H. Nicholls and Associates Butte Nicholls Sinc Mitchem & Lawcon Ipt Jone H. H. Hanson C. Jen Renv W. F. Davie Herman ST Nones Wallace Mr. Oakes Coox Gulch Stohe Bunker Hill & Sullivan Natire Thomas Henry Walter Gilbert Henry Gilbert Highland-Sur- Suite Thomas Gilbert

Ivanhoe Mine Tunnel Cleared and Ore Prospect Hinted

The Ivanhoe mine tunnel near cleaned collapse, north vein extension likely underway. A shaft on the north vein shows a foot of practically clean ore. Dr D E Keys controls the venture backed by financing interests, with treasury stock payments concluding and other stockholders receiving initial payments this week. Remaining sums due in thirty and sixty days.

Ivanhoe D. E. Keys Mullin Treasury

Promote Patriotism In City Schools By Lincoln Corps Visit

General Charles Warren heads a group of Lincoln corps volunteers to inspire school patriotism in Butte. Committees will visit numerous schools including Rocker Monroe St Joseph's Madison Webster Lincoln and Immaculate Conception with named volunteers such as Mrs. Clara Sitter, Mrs. Mary Jones, Mrs. Thompson, Mrs. Attridge, Mrs. Nettle An- Bush, and others overseeing Sacred Heart, Grant, Jefferson, and Central High.

Charles §. Warren Butte Lincoln Corps W. R. de Butte Rocker School Clara Sitter Mary Jones Tiza Doran Monroe St. Joseph's Thompson Foley Kate Burton Poole Hughes Mis Pearl Emerson Greeley Lake Avoca Three-mile Henry Plesse Boyle Nason Kelly Hackett Sacred Heart Grant Jefferson Amre Sarah Gilmore Lewis Mulcahy Nettle Anderson Madison and Webster Attridge Stride Brinton Huffman Bishop McKinley Lincoln Immaculate Conception Josie Bush Merriman Corby Carlson Paul Gravin Sherman Blaine

Advance in Silver Brings Bigger Profits for Mines

Silver prices rise amid Mexico output cut and Europe demand for coinage. Major producers like Anaconda and Butte & Superior report increased annual profits per share as prices move toward 78 cents.

Mexico Europe Goldie Fiurope Yast Buite & Superior Kerr Lake North Butte United States Anaconda Greene-Cananea Butte & Superior

Nome Dredging Revives Alaskan Boom Town

Fred Adams, arriving from the coast after 20 years in Alaska, says Nome is returning to prominence thanks to dredging. The venture pays 15 to 40 cents per yard, with growing operations and a bright outlook, despite a broader labor surplus tied to railroad construction and federal road projects.

Nome Fred Adams Adams Alaska Trong Alaskan Railroad

Butte Parties Take Control Of Carney Mine

Butte Development Co has leased the No 1 tunnel workings of the Carney mine in the Coeur d Alene region and placed Hi C Hinze in charge as manager. J T Martin, president of Carney Copper Co, says at least 60000 tons of shipping and concentrating ore are blocked out. Teasers may extract ore from 100 feet below No 1 to surface, with operations moving under contract in parts of the property. A compressor plant will be installed. plans call for 1100 feet vertical depth under the ore shoot and 600 more feet of ore cutting plus 1000 feet of drifting to reach the ledge. Shipping to Tacoma smelter has begun.

The Butte Development Co Carney Coeur d’Alenes Hi. C. Hinze J. T. Martin Carney Copper Company No. 1 Tacoma Martin Fiona No. 3

Mike Barisch Loser in Walkerville Court

Mike Barisch failed in Walkerville police court where he charged Pat Harrington with assault. William Downey appeared for Harrington. Judge Dunnavan ruled evidence insufficient to convict. An unrelated note mentions a new automatic oxide percentage device for illuminating gas by an English inventor.

Mike Barisch Walkerville Court Mike Barigeh Pat Harrington Walkerville William’ ‘Downey Harrington Dunnavan

Demand for Power in Idaho Mining

A report notes 20 consumers in the Coeur d’Alenes drawing current from Washington Water Power Co. as mining expands in the Northwest. Power travels from Cataldo to far Coeur d’Alene districts, reaching remote areas near Post Falls, Spokane, and Longfellow. Transmission varies, with about 13 percent of power arriving at its destinations. New concentrators like Tuscumbia, Highland Surprise, Empire Copper, and Ray Jefferson are being installed or prepared for dedication, signaling rapid growth in the mining sector and reliance on regional power sources.

Coeur d'Alenes Washington Water Power Company Northwest Cataldo Post Falls St Semin Spokane Tuscumbia Highland Surprise Empire Copper Company Huprincon Ray Jeerson Coen T Tngton Water Power Power Company Fed

Also Mentioned on This Page

Ter Bayonne Gold Mine Ambassadon Gerard Anaconda Company Ells Benjamin Idaho-Montana Investment Company West Granite Coeur D'Alene Clough Paul Tooo London Douglas Davis Daly Butte Rocher Boyle Carney Copper Utah Reeds Peak Butte Gt. Falls Highland Douglas East Caledonia Success Independence Butte New York Alameda Butte Man Roperty Cobuse Salene District Six Patent Company Ivanhoe Mine Garney Silver Bow National Bank Federal Reserve Bank West Park Street Rald First National Bank of Weirick Upton Seema C. Mitts Miners Savings Bank and Trust Company Capital David J. Chatnek Benton David Ins J. Charles David Wea Preagent Es Erate Ture Roberts Coun A. Clark Ross, Clark W. A. Clark & Brother Bankers Alex. J. Johnston Prenister Armas Crosby Butte Land and Investment CO Granite St Stock Exchange Main Street Butte, Mont Raers ABC Western Tates Bank
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