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Newspaper
Daily Inter Mountain
Location
Butte, Montana, United States of America
Date
Apr 17, 1899
Page
8
A Melrose mining figure notes Butte prosperity has drawn dollars to distant districts. Camp Creek closures by Anaconda paralyzed rivals, while Rochester Watseka and Crown- Locust claims yield high grade ore. Leases on Romp Gulch and Way Up mine progress with shipments and renewed development plans, with gold and silver values highlighted.
In development work on the Way Up claim the sole penetration of solid primary granite. Residents closely watch the location. west fork of Soap Gulch Teller lode discovered last summer by Little and Christianson. It is the only claim worked below water level and tests whether pay ore rises or falls below water. High grade float on hill prompts a diagonal cross cut 110 feet below discovery shaft. Heavy snow halts shipments until next month after melt.
Reports from the Cora and Parnell lines operated by Montana Ore Purchasing company announce a splendid vein of high grade copper ore in the lower workings of the Cora. Development at the Parnell during the past week also opened up a fine body of copper.
Trading showed copper shares fluctuating with Butte and Boston opening near 2, rising to 94 before settling around 93 in the afternoon. Parrot hit a high around 591 and slid to 843, Utah Con rose to 46 then fell to 44 by 2 PM, while Mohawk touched 86 and Anaconda 43 amid a scatter of quotations.
Information from Salt Lake indicates the Highland Boy smelter near Bingham will begin operations in May. The plant, initially expected to miss completion until Tyne, has been rushed and should be blown in within about a month.
T B Hanlon a former city police officer claims ownership of mineral rights beneath two lots east of the Blue Jay mine and believes the apex lies on his ground He is removing houses and plans to build a shaft house and sink a shaft to prospect for ore near the surface.
T. W. Parker, of Garnet, visiting Butte, received a letter from Mrs. M. A. Bruce of Matagorda Texas reporting her husband found a desk on the gulf bench with letters to his son Thurlow Weed Parker an apprentice on the Texas. The papers likely washed ashore during a February storm near Kingston Jamaica the Texas was nearby. Thurlow enlisted at 15 at League Island and served on the Brooklyn San Francisco and Texas including the Cuban blockade. He has four years of service and plans to be discharged in May. Mr Parker Sr will go to New York to meet him about that date.
At present copper stocks present a splended speculative opportunity and many shrewd businessmen have profited by margin investments over the past three months. The Hewett-Sisley Co offers margins with partner firms on Parrot, Utah Con, Butte & Hoston, Boston & Montana and others, with separate records and half hourly quotations from 47 East Broadway.
Dr. Rinehart, dentist, Hennessy notice to teachers states regular examination for teachers certificates at the county superintendent of schools office on April 21 and 22, 1899. County Superintendent PL Downey signs.
Burlington official J Francis visits Butte Montana noting no immediate western extension plans while flood damage has trains running on schedule. Reports warn spring floods will disrupt travel and shipping as crossings and roadbeds wash out, with repairs expected within days and boat transfers required at Mandan and Williston.
In a hospital interview H A Benner recalls a railway dining car wreck. He claims grabbing a catsup bottle as a life preserver while Mr Wall also asserts he did not fare better. Benner says Wall was changing money. Wall clung to a five dollar bill and coin pile as the car plunged. The porter’s fate remains undisclosed.
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