The Philipsburg mail. [volume] (Philipsburg, Mont.) 1887-current, 1888-11-29
THE GREAT ANACONDA
THE LARGEST MINING ENTER.
PRISE IN THE WEST.
How and BY Whom the Mine and
Smelter Site Were Bought and the
Company Organized, as Told by
The Portland OreSOnian.

This mine and works employ 2 400 men and
quite town is built up abOilt their works.
The company is now reducing 1,50O tons a
day, and expect soon to increase to 2,OJJ tons
The mine is chiefly copper, with proportion
of silver a:ld some gold. The present years
Ooo,OO copper, S3,OJJ,0oo Of silver and Sl,UW,-
OOo Of gold.
The Butte district is not very extensive, but
is exceedingly rich, like the young man in
the New Testament. 1t is estimated that the
output the present year will be $50. .OOJO to
s4O0DOoo. This is what entities it to the
claim OF being the richest mining camp in the
| created world. The mines Of Butte ale only a
part Of the riches Of Montana. There are very
rich mining districts north of the railroad and
very rich mines t. the southwark. Through
the whole length of the territory there arc
| miEe, OF fabulous wealth, and the half is not
yet told. Future discoveries will reveal more
| mines than now exist, for the business Of pros
pccting has only commenced.
Marcus Daily, the general manager, is a
noted man and manages an immense business
His history is one Of those strange life stories
that are not met with outside the mining re-
oinnS o the world. He was working for wages
when youlg and a',erwa:d ds made so:ne:h n.
OF Il ral>e in Utah. He came to Butte in cha &c
of Il mine for W alker Bros, in which Haggin,
the California millionaire. was Interested
Afterwards he and ,ieocye Hearst, since sena
tor from California, with Hagyin as chief
party III Interest. bought up the Anaconda
mine. The purchase If Il copper mine was Il
| matter 70: ann >ement with many then, bat
time has Justified its wisdom. He got the
mine in shave and secured the site for the re-
d,,cton works and when all was secured the
parties he represented gave HIN check fos
| SlOU,C0J lie had secured many other yalu-
able properties for tin: company and they ow.,
many of the best mines Ill the territory, tha;
Will no do,!b: be dc cseio;)cI i'll time. He is in
t.rcs,cd in al Their properties aud individually
bought up the land in the vicinity Of the Ana
! co.lt;a works and has a good thing i'll selling
it OIL in lots.
Tie entire plant of the Anaconda company
has cost s5O0UN0O. 1t is said this has just
about been met by the earnings Of the mine,
aid it will he: esfter pay :: profit. As to the
body or ore TO work on, they are down Oh the
7G.foot level aud the SUI! ,eri.,;endent claims
Years to come. The ore bod; is 100 feet vide
mensely ut the rae 1t is worked The Union
Pacific b,.!.t the road to Anaconda on Il con
| tract Of 10 cents ton for transportation. Il
| they did not the company would have buiIl
| their own road.
Butte is located on the rising plain thai
grows into the mountain where the mines arc
located All the lower hill slope has bee,
;,acer mined for gold that was worth SIS al.
ounce While tic Anaconda mine is chief ::
| "copper" the mines Daraileliny it Oh the north
ne town lu lis mffi.ii9 'fttHsi. r;s east u!
very summit ridge-1lle backbone OF the con
tinent. for it is tllls very ridge, farther north
that the Mul!an tunnel pierce,, and it pene
tra1cs the summit Of the line.