The weekly tribune. [volume] (Great Falls, Mont.) 1891-1894, 1892-01-16
that as depth is attained in the Neihart

that as depth is attained in the Neihart
district the per cent Of lead diminishes
and the per cent Of copper increases. In
the opinion Of those qualified to know it
is believed that the mines in tn district,
now 80 rich in the yield Of silver and
lead, will at the depth of from 500 to 800
feet be productive Of large amounts of
copper.
The Boston & Montana Copper com
pany issues a circular offering to each
holder of 208 shares of stock the right to
buy a $1,000 7 per cent bond at 90 and
interest, the subscription to apply to the
record of December 81, and the right to
expire January 30. These bonds are the
issue OF SG0C.0OO lately authorized, and
mature 100000 yearly in 1927. The
proceeds are to be used to build an
electrolytic plant, etc, IN this city.
Bonds not taken by shareholders will be
otherwise disposed of.
The closing Of the lower smelter is due
to two causes heavy freight rates on
the Northern Pacific and the trouble at
the Coucr dAlcne mines which shut off
the supply of high grade are.
II DISTRICT.
The electric plant for the Queen of the
Hills is expected at any time. The plant
is "a large one and it is expected hat by
spring the whole camp will be lighted by
electricity. The proposition is that the
town shall take ten arc lights.
The |. y. l.. company is working night
and day shifts sinking shafts and stopping
out ore. The shaft is now down $50 feet
and as the water level is approached the
ore is much richer and increasing in
quantity. Two streak of pay ore, each
tive incehs wide, have been found. The
company expects to ship a carload of
high grade ore this week.
Mention was made in the TRIBUNE a
few days ago of the remarkable ship
ment of ore from the Benton group.
This ore ran over 500 to the ton for first
class ore and S2l0 for second clpss.
In the Peabody the tunnel has reached
265 feet and a fine quality Ut ore has
been found. The vein is two feet wide
and will run from $50 to t70 to the ton.
! A carload will be shipped this week.
Tho Gait is re%-timbering the whole
works and getting ready to make an up
raise to the shaft. -Four feet of fine and
solid ore are in sight.
The Moulton was closed temper.
arilv for repairs in the shaft but has now
started up again.
A new hoist is being put up on the
Florence property. The machinery lis
furnished by the Great Falls Iron
Works.
The Broadwater group is dong a land
Office business and shipping a large
amount Of ore,
RARKE DISTRICT.
The hosting works will be put an on
the Carter this week and work will be
begun at once on the shaft To the 300
foot level. There is a fine body of ore
in sight carrying as high as ten per cent.
copper.
The hoist is in place on the Wright a.
Edwards, and a two compartment shaft
is being sunk. 1t has reached the. depth
of between 80 and GO feet.
In the Silver Bell the miners have
been stopping in the west drift, taking
out some high grade galena ore. Last
Sunday the stopers reached a point above
water level where the ore changed from
galena to carbonate and found a large
body of high grade gray carbonate. The
ore body entirely fills the space between
the walls and appears to be solid. The
east drift is still being pushed out under
the valley and is still in ore.
The total shipments of ore since the |
opening Of the road are, according to the |
figures, 100 cars, CARRYING LOS
tons, on which S7,576.H freight was