Butte semi-weekly miner. [volume] (Butte, Mont.) 1886-1890, 1889-11-09
ALSO WANTS 4 BOARD.
Helena Anxious to Have a
Stock Board Because Butte
Wants One.
Doings at the Parrot-Kootenai
Mines-Pony District-A
Toledo Strike.

question OF organising a stock board in
Butte the Independent has commenced to
figure on the possibility OF establishing the
same kind Of an institution at Helena.
The Independent is very conservative on
the question, though, and does not throw
much ginger into the scheme. Butte and
Helena are two distinct places. The
former city is not only surrounded by rich
mines, but mines Of inestimable value are
being worked within it's corporate limits.
In Butte a trench cannot be dug for the
purpose OF laying water or gas pipes but
what stringers OF rich mineral are en-.
countered. The owner. OF the William
Penn, which is now being worked through
a shaft at the corner OF Mon
tana ana Galena streets, will
verify this statement. While digging
a trench from the middle of the street to
the house at the corner OF the streets mem
toned, a ledge OF rich ore was struck, and
since that time, about two months ago, q
number OF tons OF gold aud silv- r.bearipg
rock have been taken from the ground
th%ereabouts. OF course there are good
mines close to Helena, and at one time,
about three years ago. a great deal OF in
terest was c~entered in the mining stock
business there; but in the absence OF a
stock board to keep that business rolling,
interest soon grew cold. In Butte il a per.
son wishes to know at what price stock in
a mine is selling he goes to a broker, who
tells him a certain price. Then he goes to
another broker and asks him the same
question only to learn that the value OF
the stock in question is beyond finding out.
A stock board will regulate this state Of
| affairs and give a stock. il it is worth listing
at all, d fixed value.
From Madison County.
Pony. Nov. 3.-[To the E iitor OF the
Miner.]-I know that a we'll written account
OF the doings of this lively little burg will
interest readers. Even a few lines from
my staid and sober pen might prove &C.
ceptable; if they do not, they will at least
lend dignity and weight to your waste
| basket.
Only. a few short weeks ago Pony was a
| quiet Madison county town, but now We
| can send three turbulent characters to
| the county Jail each week and not miss
| them much either. The cause OF the ami
nation Is this: Filing & Morris owned a
group of mines, fourteen in number, on
which they had expended a great deal
OF money, and which a yielded
very satisfactory returns. The
leads were all gold bearing, and
on the surface. and for varying distances
| below, the ores were free milling, but as
depth was attained the ore became too
base for treatment by the machinery at
land, and they we're too low grade tc
| stand the expense of shipment under the
| existing conditions. All that could be
done W 8 to enlist sufficient capital in the
| enterprise and to show up the mines in a
manner that would induce SOM company |
to build a railroad to the camp. Well, a |
deal was made, just what sort of a one I
nave been unable to ascertain, but it was
pretty definitely understood that a COM
pany was formed of which Filing & Morris
were head men. About the same time an
order for the building OF a branch road
to Pony was promulgated, and a little
later the grading began. Then came the
boom. Men rushed in from all sides, |
bought lots and began to build. 1t
was already late in the season-too
late to bring in new mills and
get tkem to work-and the old mills could |
not turn out lumber as fast as 1T was
wanted. The mining company found it
impossible to obtain lumber sufficient to
put up buildings for the accommodation |
o. any great number Of men. and conse-
quently their operations during the winter |
will be somewhat limited. At present they |
employ from forty to fifty men in the
various mines, exclusive of graders and
other general workmer. !
The principal mines of the district and
those which are the best developed, are the
Strawberry, the Willow Greek and the
Clipper. These are all gold bearing l.des,
free on top but become b Sc as depth is
attained. In fact, most Of the mines in this
district are Of this nature. There are a few
leads containing lead, ard some in which
the silver pr dominates over the gold; but
the veins OF this claes are mostly small
aud are of secondary importance to the
great bodies OF gold ore found on Straw
Terry hill. /
The KoOtenai Bonanza. |
J. Mcdonald, secretary of the Kootenai
Bonanza Mining company, arrived in the
city Tuesday evening direct from the mine,
which is located in the Kootenai Lake
country. Mr.. Mcdonald brought with him
about ten pounds Of ore from the mine
which ne intends to forward to England.
The rock is peacock copper and silver
glance combined, and will assay about
1900 ounces silver per ton, and 35 per
cent. copper, The ore was taken from the
b ,ttom OF a 1OO.foot shaft. Besides the
shaft a drift 40 feet it length has been run
below the shaft to intercept it at the bot
tom. The ledge matter at the bottom of
the shaft is 40 feet wide, but thepay streak
from which the ore he brought with him
v rs taken is IL feet wide. A short time
ago Mr.. Mcdonald sent two carloads of
the ore to Denver for reduction, and each
ton averaged 800 ounces silver and 80 per
cent. copper. That batch was not SC good
as that which was struck at tn, bottom OF
4 he m -f00t choff A oor 1oalal u,kL kLo
ore is now on the way to this city for re-.
Mr.. Mcdonald stated, in conversation
with a MINER reporter, that If the North
ern Pacific would extend it's line from
Station to Bonner's Ferry,
a distance of 80 mics, it would I
open up a mineral country surpassed by
no other district in the Northwest. He =
also stated that the river and lake were
Davigable for a distance OF 160 miles, and
that both sides OF the lake were lined with
good mines. The grade, he said, from
kootenai to Bonner's was In easy one, q
while the one from Revalstake, on the r
Canadian Pacific, was a hard grade, al /
though the distance to the navigable waters {
If the river was only twenty-eight miles. q
The Canadian Pacific is now figuring on the
feasibility OF building the tw~enty-eight
miles OF road, but the miners OF that Sec .
llOu WOuIu TdIu0F lave b CLOSET marKeG fOr | C
their ores than that which the Canadian q
Pacific could give them by hauling it over
it's line. b
The Parrot.
The Parrot mines and smelter are now
mining full blast with a good prospect OF
continuing on in the present way all 9
The water shaft which is being :
Junk at the smelter for the purpose of r
some Of the seepage water OF the t
lat, is now down 80 feet. 1t will besunk far v
'nough below the water level to give the "
pumps an opportunity to work c~ontinu. ..
'usly without exhausting the supply. a
There are two water shafts, but work on
,ne was abandoned at a depth of IS feet
N account of the loseness OF the ground in
which it was being sunk. b.
Matte and silver are being shipped from 81
he smelter every few days, but the exact &C
mount and value OF the shipments can. CT
.ot be ascertained. To-day the company 81
ill disburse many thousands OF dollars to N
Ia employees for services rendered during F.
be past month. On the Twelfth inst, the
at the Champion which is also
wned by the Parrot company and sit
a tod about fhr,o rilou uoof ~ tho oSky L ar