The semi-weekly miner. [volume] (Butte, Mont.) 1882-1886, 1885-07-04

!, MINER, Z writing from Butte ca the Nav
York Engineering and Mining Journal. ha,
the following to say in reference to Butt.
and her mines: in my last letter. T. en-.
deavored to show, by the mention III .
number OF valuable developments made
during the last twelve months in the imme.
; date vicinity OF the Alice mine, which might
be considered the silver center OF the camp.
n the opportunities for proftableinyest-
ment OF capital were fully as numerous and
promising here as in any of the newer fields
that are now attracting attention. had
purposed to get in a similar detail through
the four or five square miles that compose
the district, and to give a list oil leased
mines That have made ma mes for themselves
and profit for their operators, and OF mines
that after years of idleness have been re-
opened by their owners with gratifying re-
suits. To do this, however. would be a
task OF some magnitude, and would unduly
Tax the patience OF your readers. Suffice
TO say, that they are numerous, and sew
eral OF them may now rank in the first
class OF properties. A less tedious way to
show the openings for investment is to
F~AS VAS AAOp lId dIlOuI MANY MN l
dred locations showing strong and promis-
ing veins, nearly 200 nave shipped ore in
larger or smaller quantities to the mills or
the smelters, and of these but about 20 or
~ are now worked. On the remainder work
has been suspended for various reasons.
Somewereworked at a time when sixty-ounce
ore was the least that would pay at the high
rate then charged for reduction, and have
since been allowed to cave in. or belong to
owners who nave drifted away to other
places. The remainder have generally been
stopped at water-level for want of capital
or from the Discrimination so often felt. by
prospectors and workingmen to undertake
to which they are not accus-
Comed. 1t Is more to a growing familiarity J
Their part with pumps and steam hoists |
Than to any other cause that the discoy- !
and developments of the past few c
months are to he credited. The owners of
'hese prospects are generally, l think, reas-
unable in their views, and are willing to il
ave investors a fair lay out The wa ter, il
Though such a bugbear. is far from being 7
hnicuit to deal with, light steam-pumps p
eng sufficient to a depth Of 300 or 400 2
and those who have had the enterprise
o tackle the problem have generally re-
retted that they had deiay ed SO long. One p
hing must be remembered to the credit of W
lutte. 1t has never had a BOOM Very al
tile outside capital has been invested 10
ere, at least SO far as silver mines are con. m
'rned. The Walker Brothers of Salt Lake
vested thirty or forty thousand dollars
the Alice and Magma Charta mines, par N
ally developed them and put up a twenty ~,
amp mill, which repaid their outlay in no,
x or seven months. The Lexington Com -,
my purchased a mine that had already -
ade its owner rich, and the Colorado
Melting Company erected it's works and
AIDE a few purchases of mines that had ~,
FRIED ores peculiarly adapted to it's smelt- me-
operation. Besides these and a few -.
lall purchases OF the last few months, | 49,,
no outside capital that has been t;n
vested here. The solid buildings in and
ound Butte, the stocks of goods the ,
urishing bank accounts, are all the out
OF the work Of men who came to the -,
mp poor, and have made for themselves '
and in some cases very con- a.
fortunes" "