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This newspaper page contains 11 articles. Subscribers can read the full text of each article.
Newspaper
Anaconda Standard
Location
Anaconda, Montana, United States of America
Date
May 30, 1906
Page
4
Readers witnessed a volatile copper market with declines across multiple shares and notable activity in East Coast listings. Traders reported bears edging ahead while some miners showed brief strength, yet overall turnover remained modest at about 425,000 shares.
The Red Metal company will begin sinking the Cora mine shaft in a week, aiming to reach 2200 feet without stopping. The current depth is about 1800 feet with a hoisting engine rated for 2000 feet, and a heavier engine installed later will push depth further to insure steady ore output.
Charles Morris reports preparations underway for a Strawberry mill to start soon with staged work on related properties. The district sees ongoing ore extraction and multiple sites, including Mingrakhi and Pansy areas, with several owners projecting activity and progress toward full operation in coming days.
The article details a major corporate reorganization involving the American Consolidated Copper company, the Davis and Daly estates, and Montana Coal and Coke. It describes stock issuance of about 393,000 shares at par, funding through $10 million, and plans to consolidate copper properties with shifting ownership among divisions. The move aims to bring Davis and Daly properties into production via intercompany shafts and prepare for flotation and future mergers with Hingham Consolidated and other mines.
Haste and Metana company supplies two air compressors for Butte Properties. One compressor will serve the drills at iO or WO sites, while the other powers equipment on another site. The Nord here Machinery of Milwaukee delivered the new units and contracted to install them for the company.
Mining engineer He GC. Wihnot with Alexander doniston and Jahn McRayran returned to Tutte Saturday afternoon with ore samples from the Matter and Jaluston tunnels. They study the extent and value of the ore to determine ownership and potential profits.
An advertisement outlines coach era variation rates for travel to multiple cities including Duluth Gimaha Vandal City and stops with Holngrip layovers. The itinerary shows May 20 June 2 3 and September 15 deadlines with a $42 mite to St Pratt and other intermediate posts. Contact Northen Pave office Sutte W TL Merriman 6 PL BAL for details and reservations.
The notice outlines a June trip by Short Tare to Bell Lickers and back to Poriangd, valid for 90 days with layovers. It highlights a scenic pass through the new age deghiral disttets of Tdato and the Cohmibty river, urging reservations at WS North Mall street in Butte Montana. Ef % WILSON, Th FL & FL ae 5.
A new copper company is formed in the heart of the ore zone adjoining North Butte mine. Incorporators include Edward Ucker, Patrick Sheehan, F H Diearel, and N O Pledenberg. 100,000 shares issued at par $1 with treasury stock remaining. office and deposit at Savings Bank. May issue tickets for sale June 10 to 11, with sales limited and travel coverage for buyers in several states.
Report on Isle Royale mining notes extensive development in Section 1 and Portage vein with No 2 shaft, including copper yield figures, anticipated expansion south of No 2, and shaft replacement progress at Wolverine. Describes reserves, water in old Mars workings, and ongoing efforts to sustain output amid changing prices and exploration.
Fragmented OCR outlines a sale on June 3 with details for the Butte area. It mentions stock at 1.50 per share, ongoing until retirement, and references multiple local entities and locations including Butte and Northwest Coal Company. Also notes a Wednesday event at Elle Hall and various place names.
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