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Newspaper
Daily Inter Mountain
Location
Butte, Montana, United States of America
Date
Mar 14, 1899
Page
8
Local purveyors announce aggressive pricing on a 30x100 foot lot for 100 dollars in the Empire Addition. The pitch targets quick property handling with low margins, promoting the city of Butte as the healthiest elite and a place to invest in own homes amid copper mine prosperity.
Readable rental brief lists a modern brick flat with a double digits price and room counts, plus a furnished cabin and a four room house in South Butler area. Compact notice shows monthly rates and basic features for each unit.
Detective William T B Jenkins tracked Theodore Lawrence alias Theodore Whitford to a cabin after a failed mustache bluff and hair dye ruse. Lawrence, accused of obtaining money under false pretenses, is jailed as Mrs. Greeley’s denial aided Jenkins’ probe. The chase also recalls a separate land dispute in Butte where Patrick Hamilton sued James Murray over a narrow strip valued at about per foot. a verdict awarded $1 damages and no rents.
Copper shares led by Parrot fell sharply on the Boston exchange but recovered, as brokers and editors dispute dividend claims. Parrot directors say a monthly 0.0 and an extra 0.20 per share were declared last week, while Lawson questions the extra dividend and cites fake dispatches. Investors in Butte eye a bid around 40, though broad sentiment doubts it will reach that level.
Boston sources report Messrs Huggin and Daly have sold control of the Anaconda to a Standard Oil combination. London stock valued at 56 million dollars for 1.2 million shares in one mine. Rail contracts let from Weiser to Seven Devils. Ore being shipped by barge from Seven Devils to Lewiston and smelters, with Lewiston boom and crowds heading to Buffalo Hunan amid heavy snows.
Basin Progress notes first shipments from Gar field mine and ongoing ore extraction at Weiser, Columbus, Eva May, Saginaw, and Hope mines. Saginaw 9 lease by Coon with 80 foot shaft. Hope shaft sinking to 400 feet with near-term expansion. Ruby mine in Lowlands reports no ore at 400 feet but $350,000 already mined from upper high grade chute. owners optimistic and persistent. Hieber, winter camp, and Buckely cited.
A Salmon City Idaho correspondent argues for a Dubois to Salmon City corridor to open mining and ranching areas. He contends a line via Dubois to North Fork reduces grades and snow, favors Overon Short Line expansion toward Buffalo Hump, and could shut out the Burlington while boosting Blackbird district prospects as a rival to Butte copper camps.
Salt Lake City arrival reports freight and passenger movements on the Oregon Short Line at Dilton. Snow blockades affected telegraph service and train schedules. A circular adjusts car weight limits to 60 000 pounds, with loading charges tied to capacity. Tassell's offers a $1 shoe sale at 25 W Park.
Major J. E. Dawson travels to Anaconda as the Titansis Central announces an extension into the Black Hills region. Union Pacific coal official L. Learn is noted in connection with the project and regional energy supply.
Butte Montana March 10 1899 trustees of the Montana Ore Purchasing company declare an extra dividend of 80000 dollars or 1.00 per share payable March 20 1899 to stockholders of record March 10 1899 This is dividend No 22 bringing total paid since January 1895 to 960000 The trustees report the company is earning 1500000 annually and if copper stays above 14 cents per pound the company will likely pay 1.00 per share per month during 1899 ARTHUR P HEINZE secretary
A new Vienna Saloon has opened at 119 South Main Street by the Albini Sisters. Nearby, Lynch and Bachelor offer quick court bond services and other bond classes, advertising rapid filing options and bridge work by Dr. Wix.
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