Butte semi-weekly miner. [volume] (Butte, Mont.) 1886-1890, 1889-11-06
i'm DRIFT And LEVEL.
What is Being Done in the
Wealth Producers Here
and Elsewhere.
The Modoc Extension to be
Thoroughly Developed-Re-
ported Rich Strike.

Thoroughly DeVelOpeQ-Re-
ported Rich Strike.
No great or important changes in the
mining industry have taken place during
the past ~twenty-iour hours. The mines
about Butte are all running to their fullest
capacity, the Parrot and Green Mountain
having added several more men to their
forces yesterday. Regarding the copper
situation Bradstreet's has the following:
"copper" is moving in consumption more
freely han at any time since the French
operators went under. On the basis Of II
cents per pound for lake ingot, buyers do
not hesitate to supply their needs fully.
Some enthusiasts are predicting an early
advance in the market, but on whatground
in view of the large moun in store. is not
evident. The London market is on the
whole firm. The copper mining shares are
inactive at Boston, and there las been no
feature in prices beyond a sudden rise in
Tamarack on account OF excellent divided
prospects.
The Modoc Extension.
The Modoc extension neal Meaderville is
being worked 10 the best possible advan-
tage. A new house has been built over the
hosting machinery, and other improve
ments are being made about the works.
The shaft, three-compartment and finely
timbered one, is now down S5 feet in
hard granite. A station will be cut at the
100 o level, but the work OF sinking will
be carried on until the 2O0-foot station is
reached. A crosscut to the ledge will then
be I'M. II the owners OF the property con-
| clude to sink below the 200, O. larger hoist
will be placed ON the ground, the one now
in use not being large enough to hoist from
a greater depth.
The Demand Increasing.
The following items from the Engineer
and Mining Journal will be found interest
ing to copper producers:
The market has been very steady in
tone during the past week and nothing has
transpired to interfere with the more hone.
full feeling now generally held regarding the |
future. On the other hand the demand for
casting copper has also become brisker
and it is reported that some of the largest
smelters OF the casting brands are now out |
OF the market, having disposed of their en-.
tire production for early delivery. The
quotations for a k remain %unaltered at
Lie with 1O@1OHc for casting qualities.
From Europe the latest advices to
hand are that the speculative market in
London for Chill bars and g. M. BIS has
lately been a little quieter. and prices for
these descriptions have eased off a little.
the closing quotations to-day being f42
los. Cd. spot, and 942@942 2s. Cd. three
months, with business very limited,
Furnace material continues to be offered
IN large quantities.. and during the past
week a total OF about $500 tons of Ana
conda matte was sold at IS. Sd. in
Liverpool, at which figure more is obtain.
@.
In the supreme court in New York this
week an attachment was granted in this
state against the property OF the Societe
Industrial ct Commercials des Metaux. a
corporation, in a suit by the Oxford
Copper company, which claims $3.50, 900
Tor non-fulfllment OF a contract by which
The defendants agreed to deliver !, 900, 900
pounds of copper for refining, but the plain,
lifts claim that they only received 679, 557
pounds.
The Harvey Creek District.
Philipsburg Mail: Harry Sparks, for
nerly superintendent OF the Red Lion, was
n Philipsburg Monday ON his way home :
rom a trip into the Harvey Creek district, !
thirty miles northwest of Philips. v
'urg, where he is heavily interested in min V
ag property. He gives the Mail very fa-
'orable reports on that district, and =
links it will eventually become a big /
amp: The Alps company continues de-.
elopIng their property in the same salts.
actory manner as has been reported be-
pre- IN the columns OF the Mail, and it is A
helr intention to commence the building of -,
io-stamp mill as soon AS enough snow ~
Ills to have the material hauled in on &
leds, as the wagon road is not vet in a p
ondition to permit heavy loads being =
ken over on wheels. There are now ouly le
bout twenty men in the camp, which in. is
udes eight that are employed by the Ain Al
'mpany; the Others are engaged in repre-. de
'ntatlon work, and as there are many en-.
'uraging-looking prospects in the vicinity.
is the general opinion that next season AL
Ill be a lively one in that camp. When An
10 new road is fully completed between n
hlllpsburg and that place it will have cost Ri
miners not less than SO, 900, which Cd
ows quite conclnsiyely the confidence G
ey have in the Harvey Creek district. ~ y!
The Mountain Chief. 90
The Butte & Boston company has 2
ken a lease and bond on this property, drr
lich is located on the hillside above ITO
The Chief has been living idle iro
: some time, but yesterday workmen
re busily engaged putting things in share
eparatory to the resumption Of work. Z
very good ore has in the past been ZEE
ken from the Chief, and further develop- 7
mt will in all probability show up flo
IRE OF the same character of rock :,
The American Ruby. ,C
reports OF a very rich strike in the Amer sbs
n Ruby, in the Orc Elmo district, were S
rent yesterday. The gen leman who We
ought in the information stated that q yes
BOT ledge of ore, samples of which a.. II
ed from $4,000 to $4,000, had been rad
1ck in the crosscut from the 100 foot roc
Ell, and that the owners of the propertv lay
q wild over the fed. "
The Keystone. Rot
foreman of the Keystone was in the the
yesterday, and in speaking of the prop, 4ua
said that he was running three shifts Ia,
aen and sinking the shaft at the rate Of ,aes
ut 4 feet a day. By the fifth of this ,on.
the 1OO-foot mark will be reached. ion u
co,.o, Bost
few siares OF Volunteer stock changed mis-
H. Af1s