Idaho semi-weekly world. [volume] (Idaho City, Idaho Territory) 1875-1908, 1888-12-21
THE A ANACONDA.

men and quite a town is built up
about their works. The company are
now reducing 1900 tons a day, and
expect soon to increase to 1900 tons.
The mine is chiefly copper, with a
proportion of silver and some gold.
| The present years output is estimated
at $13,O00,000, about $10,000,000
copper, 100000 of silver and
s1,o0o,o0o of gold.
The Butte district is not very ex-
tensive, but exceedingly rich, like the
young man in the New Testament.
1t is estimated that the output the
present year will be $35,000,000 to
S40,000,000. This is what entities it
to the clam of being the richest min
ing camp in the created world. The
mines of Butte are only part of the
riches Of Montana. There are very
rich mining districts north of the rail
road and very rich mines to the south.
ward. Through the whole length Of
the Territory there are mines of fab
ulous wealth, and the half is not yet
told. Future discoveries will reveal
more mines than now exist, for the
business Of prospecting has only COM
menced.
Marcus DAILY, the general manager,
is noted man and manages an i'm
mense business. His history is one
Of those strange life stories that are
not met with outside the mining re-
gions of the world. He was working
for wages when young and after
wards made something Of raise in
Utah, He came to Butte in charge
of mine for Walker Bros, in which
Haggln, the California millionaire,
was interested. Afterwards he and
George Hearst, since Senator from
California, with Haggin as Chief par
ty interest, bought up the Anaconda
mine. The purchase of copper
mine was matter for amusement
with many then, but time has justified
its wisdom. He got the mine in
shape and secured the site for the
reduction works, and when all was
secured the parties he represented
gave him check for 100000. He
had secured many other valuable
properties for the company and they
own many Of the best mines in the
Territory, that will no doubt be de-
veloped in time. He is interested in
all their properties and individually
bought up the land in the vicinity OF
the Anaconda works and has a good
thing in selling it off in lots.
The entire plant Of the Anaconda
Company has cost s6,0O0,o00. 1t is
said this has just about been met by
the earnings Of the mine, and it will
hereafter pay profit. AS to the
body of ore to work on, they are
down on the 700 foot level and the
superintendent claims ore in sight to
smelt 1900 tons day for 30 years to
come. The ore is 100 feet wide in
places, and though of low grade pays
immensely at the rate it is worked.
The Union Pacific built the road to
Anaconda on a contract of 40 cents
ton for transportation. If they had
not the company would have built
their own road Butte is located on
the rising plain that grows into the
mountain where the mines are locat-
ed. All the lower hill slope has been
placer mined for gold that was worth
$i3 an ounce. While the Anaconda
mine is chiefly copper, the mines par
alleling it on the north are silver.
The mountain ridge rises east of the
town and its mining tunnels pierce
the very summit ridge the backbone
of the continent, for it is this very
ridge, farther north, that the Mullan
tunnel pieroes, and it penetrates the
summis on the line Portland Ore
gonian.