The semi-weekly miner. [volume] (Butte, Mont.) 1882-1886, 1885-04-15
MINES AND MINING.

MNES AMI M4lN4INO.
Those who are son the inside" and
ought q know, insist upon II thst
Hale d NOrcfoss and Savage are good
stocxs t. buy, just now. The nrst
named has been Iisiug for several
weeks.
From the Helena Herald: 81 H:
Hershfeld has purchase go acres of
placer ground at Montana City from
Scheyer g. Co., for $4,000 together
with an extensive Watt right. Inc
tract purchased comprises what s
known as the Scneyer c!ain, and lss
valuable piec. of placer ground,
being rated as five dollars q day dig
giDgs. Mr.. Hersh6eld has put twenty
Chinameu to work on the ground,
and i, confiden, tuat the transaction
vii! turn ont to re profitable invest
meut. According to his calculations
tie ground will pay for itself in two
years. afte- which it will pay regular
interest on the investment
Says the Mineral Argus, Of Maiden:
"Ou the 18th day of april, the Collar
mill, NM, mill site end all improve
mems and buildings thereon will be
sold to satisfy four exec utions. Ihis
sale, we are Informed, Is the Initial
step toward the starting OF said mili
AMI development of the mine. The
Officers If the Cellar company have
been q%uarreling ~ since the COM
pletion of the mill, operations were
suspended in consequence, until q
satisfactory adjustment could be
made, and as that has been demon
strated to be out Of the question GER
tain creditors propose to secure the
property. We are confident that We
Will be able to report the Collar mill
running and the mine s profitable
one. within sixty days."
The New York Engineering and
Mining Journal makes the folio wing,
quotations of copper of a not very
hopeful character: tine market has
been steady or a little better during
the week, and small orders from con.
sumers are constantly coming in.
Prices remain low. Lake 10 60c.,
both for spot and term; Baltimore,
lO1 a. lU3c., aid other brands 1O}@
l0sc. Pig-cOpper (bars), 90 per ceut
guarantee, st cents Yer pound weight.
The exports from New YORK for the
week have amounted to 4s5, 100
pounds of old copper and 1862, 100
pounds Of copper matte. Toe price
Of Chill Bars In London declined to
E44 lis, Cd on March Both, bur
promptly rallied to e45@45 l0s., aud
yesterday (to-day, Good Fri
day. oeing q holiday they
showed 8 slight decline to
E45 J.. 81. Best selected has stond at
$50 lQs., and has not risen with the
Chill bars. The American copper
supply appears to attract, as well it
may, more and more attention
abroad. 1t is certainly an important
question how cheapiy our large mines
can produce, and how the cost of pre-
duc,ipn here compares with that OF
the z at toreiln mines. It would
be to the interest of such mines as
the great Calumet & HecIa 10 show ut
with it's immense capacity and de-
termination to free 1t down,
possibly q sufficient number Of the
more expensive mines might stop.
There is no prospect Of any high
prices for some time to come; none,
indeed, for this year unless some.
thing quite unexpected occurs, and
there Is q SHADE considerably larger
than q mans hand looming up on
the Texas horizon that may develop
into q first class BLIZZARD"
Edward D. Peters. Jr., sends to the
Engineering and Mining Journal the
following com ~nuulcatlOn IL refer
ence to Butte's chief product ''Tbere
seems to be q somewhat widespread
impression that the or. Of the Butte !
Mining D strict contain such q per-
centage of arsenic as almost to unfit
the resulting copper for many pur-
poses, anu to necessilate the ship |
meut abroad Of most of the product, |
in order to take ADVANTAGE of the
supposed superior skill Of foreign
smelting-wnrks to eliminate the i'm.
purities and render the metal fit for
and kindred purposes. As
this statement is frequently quoted
among the Lake Superior mine-own-
ers. aud instanced as q reason why
they have little cause to fear any
serious competition from the Montana
it IL Important that 1t should
be corrected. Consumers OF this
metal should learn that, although
BY search ores containing q consider
proportion of arsenic may he
In the Butte Mining District,
he great bulk OF the mates produced
such a small proportion of
his impurity that Il most excellent
metal car be obtained from them by
he ordinary processes of matte coD-
and refining. A consider
proportion of the product of this
district Ia shipped to England tor
but 1t is rather for COM
nercisl reasons and in some cases
because of the better prices received
abroad for argentlferous material,
han from any necessity Of seeking
aid to produce a copper OF
satisfactory grade. The Oxford Cop
per and Sulphur Company, of New
Jersey, Pope. Cole & Co., Of Balti
more, and E. Balbach & Sons, Of
Newark, N. J., have handled, and
or the most part are still handling,
vCAy AoAkO AuouSAtACo Va 11utC0 u4AVpC9s
md, without the employment OF any
particular skill beyond that ordi-
requisite for the treatment Of
'uch material, are producing a copper
If excellent quality, and which in
my other markets would rank
Imong the bost brands. The extreue
of the Lake copper, and the
of nearly all ownere of
,rass foundries and rolling-mills
the introduction Of Any
lew variety OF COPPER, render 1t
difficult to find q ready
market for any of the Western
This feeling Is gradually
lying away. It must be admitted
hat, by chemical analysis, traces of
arsenic may be found in most OF the
Butte ores; but there is present, on
he other hand, In almost every i'm
,ortrant instance, a sufficient guam
iy of silver to far more than OUT
Weigh the slight disadvantage caused
" this impurity, as 800 as the
Eastern refiniBg-WOrks are prepared