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Newspaper
Butte Miner
Location
Butte, Montana, United States of America
Date
Jul 22, 1876
Page
2
The snippet describes missing workers and a company agent speaking about hostile conditions. It mentions a June date, Liverpool connections, and explorers noting hills and labor as key factors in activity around a lake and its tributaries.
In Washington discussions on demonetizing silver and adopting a gold standard are explored by Dr Linderman of the Mint. He warns European demonetization could force silver to gain value abroad while the United States would face currency imbalance and potential export of coin if policy shifts occur.
The Soulsby mine in Tuckunne County yielded $20,000 from 1,200 tons of quartz in May but was interrupted by faulted narrow lodes. Hadlock mine in Calaveras County crushed 46 tons at Garland's mill. quartz valued at 850 per ton. Five shafts sunk, with a level connecting them, and ore near Wentheny. Shipment from Judd and Croghy Reduction Works Georgetown reached $107,385 for January to June. Alexander & Go. of Caribou plan treatment for ore from Young American Lode in Clair Creek County. Burleigh funnel being advanced.
Dispatches describe Crook's forces maneuvering near Little Big Horn as they plan to strike Indian camps. Reports note a large Sioux threat with thousands ready to fight, with Miles and Fifth Infantry arriving to bolster the command.
A conference on the army appropriation reached an agreement with plans to drop reorganization and pay cut provisions from the bill. The Senate raised the House amount by about 3.4 million but the final compromise reduces the total by roughly 2.29 million while keeping force and pay steady.
Dispatches from Nissa report a defeat of the Servians near Cho with substantial losses. Officials announce a declaration blaming Servia and outline proposed actions and improvements in response.
A contingent of five thousand Turks surrounds Nevisinje as a large Lentene force advances toward the town, signaling a probable forthcoming clash. The tense movement indicates imminent combat over strategic positions.
The official Journal states Paris will issue 4.5 million franc bonds at 4.05 percent with quarterly drawings. Subscriptions due in five installments from issue date to April 17. The issue is unlikely to affect the money market. Bond quoted at 10 to 17 francs premium. Concurrently a 100 million marks German loan has seen limited uptake. In London a banquet notes the Empress of India health proposal. John Bright abstains, Prince of Wales seeks explanation.
A digest of brief dispatches reports bullion moved to Bank of England totaling £170000, Grant reportedly prostrated and taking a physician ordered vacation, Kilbourn seeks U S suit over restaurant bill, James O Couxor appointed Vicar Apostolic of Nebraska, boiler explosion at Chander results in thirty deaths with many injured, New York heat persists, Postmaster General informed of fast mail service cut next month, and life insurance policies list various officers with sums ranging from $4000 to $10600.
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