The Helena independent. [volume] (Helena, Mont.) 1875-1943, 1890-10-01
The Mission Of A. n. Hotter and Ex-i
Gov. Hauser to New York
City.
The Parrot Mine. Of Butte,
Listed on the Boston
Market.
Mr. Hotter Returns Home and Gives an
Interesting Talk ON General
Topics.

d00, A. k4O1t61 xotNXA0&A yO0e0AN0y
from New York, having gone there with ex-
Governor Hauser and ]. E. Gaylord, OF
Butte, on business connected with the Par
rot Silver and Copper Mining company, of
Butte. MIR. Hotter says that Gov. Hauser
will arrive homo today.
When the gentlemen left for New York,
Mr.. Gaylord, while not divuleing the object
Of their mission stated that it would be of
q character which would further make
known to the world the wonderful mineral
resources OF Montana, and this they have
succeeded in doing.
Mr.. Hotter says that the stockholders OF
the Parrot company held meeting in New
York, at which it was decided to list the
Parrot mine on the Boston market. The
object of this is to give the shares q value
which they could hardly obtain under the
management of the past as the company is
q close corporation, nearly the entire hold
ings being in the hands Franklyn Farrell
Wallace, s. I. Hauser, A. M. Hotter and j.
E. Gaylord. All arrangements have been
completed for listing the stock and
it is expected that before long Parrot shares
will be quoted as high as Butte u Boston
and close to Boston 3 Montana shares.
The outside world has had very little
knowledge Of the output Of the Parrot
mines or Of the dividends declared. The
Engineering and Mining Journal and other
journals of that character credit the Par
rot with twenty-one dividends, aggregating
1856 600, when in fact the company has paid
thirty-seven dividends, agRregatinR 40 per
between $6OO, COO and $4,000 profits paid
the shareholders. The Parrot company has
one of the most complete smelling and re-
filming plants in existence and 10 one of the
best managed concerns in the country. The
mine is model Of neatness, lighted below
are xhissWssssd. NJ. Ben Ti5Sey ' IS the
mine superintendent and Mr.. Gaylord
manages the reduction plant and general
business of the company. Constant i'm
provements and additions are going on, all
Of frst-class pattern. The Parrot during
the month Of August produced about
ounces Of silver and about 500 ounces of
gold. The working expenses aggregated
$4,000.
Mr.. Hotter was one Of the original owners
of the Parrot, and he knows more about it's
yield and its affairs than any other man
connected with it.
Mr.. Hotter had an interview with Presi-
dent Cakes, of the Northern Pacific, while
in New York concerning the Castle road,
and was assured by that gentleman that
nothing definite had been decided upon by
the company relative to the construction
He also saw j. X. Pardee, who informed
Mr.. Hotter that he had decided to make
New York city his home, and has sent for
his family. He did not learn anything
concerning the report that Mr.. Pardee had
sold his Texas abestos property for one
million dollars, but he is still engaged in
that business.
OF the reported stringency in money
matters on Wall street, MI. Hotter learned
that better feeling prevailed a. the crisis
had passed. The anticipation by Secretary
Window Of the interest on goyernment
tours for 1891 had distributed about
5000, 600 in the financial channels, and
there il now plenty of money.
OF the East Helena smelter all Mr.. Hol-
ter could say was that he observed smoke
issuing from the stacks when the train was
pulling into town. and that was q pretty
full blast was not many days hence. Be-
fore leaving for New York he saw all the
agreements signed and everything in shape
fore the resumption of work. While he has
been gone extensive repairing has. been
going on at the smelter night and day,
and now the furnaces are being warmed
up for smelling, and in less than tan days
things will begin to hum around tho East
Helena smelter,
Mr.. Hotter stopped off at st. Louis while
on his way home and visited the mining
exchange, which he says is about the dull
est place to be found in the Missouri :.Iet-
ropolis. Everything 10 dead around there
and all interest in stock dealing seems TO
have disappeared. He said great feeling
of distrust as to mining speculations and
enterprises exists among those who were
frequenters of the mining exchange.
Mr.. Hotter is looking we'll and is up to
his ears in business, and az the reporter
bid him GOOD dAy he Dlnnped inkn 4 annun
tain of accumulated correspondence.