The semi-weekly miner. [volume] (Butte, Mont.) 1882-1886, 1883-09-05
From the Daily Of Sunday.
BUSINESS.
Legitimate Trade in Butte Upon Q
Firmer Foundation Than
Ever Before.
The Present Dizziness Don't Effect
the Merchant, Mechanic or
Lab1rer.

the Merchant, Mechanic or
Lab'rer.
Finance, Trade and Mining.
A class of croakers will always b.
found in every community who ar
continually whining about dull
times, and Butte is no exception t.
the rule. Hundreds of men in thi'
city to-day are croaking about thu
lack of money ia circulation and pre-
dieting the ultimate downfall of til.
camp, but these men are not found
within the precincts Of Legitimate
trade. 1t is generally the gamblin
man or saloon keeper who, who seek
ruin In the scarcity of surplus dol.
lars for reckless expenditure in their
beverages o. games of chance, and
who predict utter downfall,
upon the removal from our midst OF
two or three thousand "foaters" who
burdened the town with their sup
port a year ago. That the departure
of a large number of this class of
men, has removed a potent factor in
the circulation of small money,
which found its way into the Golfers
of the rum-seller, is probably true
That their departure has taken away
any element tn the production of
of money for circulation is
not true. Fully a many men
are employed in the camp as were
employed at this time last year, and
as much money is disbursed upon
the payrolls of the various mines,
mills and smelters; but it is doubtless
true that, the we'll known policy of
our mining managers, of culling out
their unreliable employees, and sub
shutting staid, reliable, and as far as
possible, married men, is producing
its legitimate effect upon the super
fetal aspect of Butte, 50 that the
miner, the mechanic and the laborer
of last year, who made things lively
for the "boys on the row." haslargely
given place to the man of family who
spends his leisure IN the home or
social circle, instead of frequenting
the saloon or gaming house. The
substantial prosperity of the camp is
not Ia the least effected by the sort of
"dull times'' produced by these in
fuences. The new class of work.
ingmen, feed and cloth those depend
ent upon them better than the old,
and they therefore spend more
money with the dry goods, clothing
and grocery men. In all legitimate
branches Of trade, the signs of pros
perity are abundant. The banks re-
port a greater volume of business
transacted over their counters during
the month just closed, than during
the corresponding month last year.
The hardware dealers report a
healthy trade and larger transactions
than ever before. The grocers are
flourishing like a green bay tree. The
butchers are troubled to get beef to
supply the trade. The clothiers and
boot and shoe dealers are doing a
brisk business and getting in i'm
mense stocks to supply the fall trade. |
The f%ourishing condition of the dry
goods trade is abundantly evidenced
by the extensive improvements
now being added to their already
large establishments, by our
two great firms, which when com
pleted will make them the best
equipped and largest establishments
in their line in the Territory. All of
these branches of business report
their business in a healthier financial
condition than ever before and the
remark is common, that when they
sell a bill of goods now they feel a
reasonable assurance that they will
get their pay, whereas, under the
old regime of a large floating popula-
ton they never knew who to trust.
The influences upon which Butte re.
lies for her prosperity are as immova-
BILE as the everlasting bills by which
she is surrounded, and as permanent
ly reliable as the true fissure veins of
mineral by which they are traversed.
In the immediate vicinity of the city
nearly 200 gold, copper and silver
bearing mines are actively operated,
upon over. forty Of which are we'll
equipped steam hosting works. The
ore from these mines is reduced bv
nine quartz mills, dropping 24O stamps
and four smelters of large capacity.
These mines and reduction works
employ over $500 laborers of all
classes and disburse in the neighbour
hood of half a million dollars per
month on pay roll and expense &C
counts. This is the money that goes
into circulation every moath in
Butte, with a population of about
5000 souls, not taking into account
the commercial and building opera
tions of the city proper, or the pay
rolls of our banks, stores, hotels and
contractors. Under these circum-
stances times are not likely to be
very dull in Butte and it is doubtful
If any other city of the same size, in
the whole country. can make such a
showing of financial prosperity:
Leonard Grover Coming.