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This newspaper page contains 12 articles. Subscribers can read the full text of each article.
Newspaper
Butte Miner
Location
Butte, Montana, United States of America
Date
Oct 10, 1876
Page
2
The article discusses various topics from Bret Harte’s dramatic output to the Helena to Butte railroad project. It questions public interest in the road’s construction and its impact on freight and transportation costs. It also mentions silver demand and a desire for improved direct communication lines.
Fragmentary report describes a historic four mile race in 1874 with Ten Broeck a central figure. The text references betting, a fast first mile, and a dramatic finish, but many details are garbled.
A Montana editorial urges immediate railroad construction to connect Beaverhead Valley with central lines. It argues subsidies are acceptable if they secure rapid growth, cites Utah and Colorado progress, warns delay harms Montana’s future, and calls for public action this winter.
The article argues mining is a productive legitimate pursuit unlike gambling which yields losses. It highlights mining’s societal benefits, risks, and potential for wealth with discipline and knowledge. It predicts the Great West becoming a major mining region offering employment, better compensation, and growing profits.
In Chicago a promoter labeled Iuperialist backs imperial claims for William Washington, a nephew of the first President, as debates on governance and empire rise amid American political talk. Also noted is a Pacific railroad remeasurement due to alleged length shortfalls and subsidy questions.
Dr Clagett argued that gold and silver are commodities not fixed value measures and that paper currency drives out more expensive metals. He warned luxuries and silver use hurt the economy, urging a historic orderly retirement of silver and honoring veterans in the nation's service.
James Lick died in this city this morning after a period of decline due to natural causes. His funeral is set for Tuesday at Pioneer Hall with his will and trustees’ resignations stirring legal questions about the massive charity fund of about 3,000,000 dollars. John Lick of Fredericksburg is said to contest the trustees’ positions, while the old board resignations await court confirmation.
Telegrams report reduced dead letter service due to slimmer appropriations with October 18 set for changes. New York mining board notes modest activity with several stocks quoted including Alpha and Consolidated Virginia. Savannah reports plague fears and business closures as the fever lingers awaiting frost.
The copper market shows uneven movement with some gains since a large export sale. Reports say 100,000 lbs of Lake copper sold for 2K for December delivery and another lot for October November December delivery at 206. Prices in San Francisco show a 13 percent discount while overall quotations hold around 240 A ale. If demand does not improve there may be little chance of advancing or even maintaining current levels.
The American Mining Board organized with officers Wi Ward as President L D Barney as Vice President J Unbiard as Secretary Wallworth Ward as Ass’t Secretary and Bracdrott as Chairman of the Finance Committee The board has state license approval and 270 members The president says the body is forming on a firm basis Stock listings will include company names stock types assessments mine measurements and safety measures A business meeting will be held Monday before stock calls at eleven.
In San Francisco on October 2, brokers and operators showed keen interest in mining stocks as they anticipated quotations on the American Mining Board. Expectations centered on wholesale activity at the New York Board, with prices easing after eastern quotes. the street buzzed with dispatches about the new exchange.
New York report notes dissatisfaction at the center exhibition with the awarding of many medals and hints of favoritism. Critics argue the committee failed to distinguish quality, potentially harming business and devaluing awards amid a profuse medal tally.
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