The Helena independent., 1893-08-21
WERE ONLY IDLE RUMORS
Shut Down Of the Butte & Boston
Denied at the Company's
Headquarters.
A Prediction About the Drum
Lummon Made = Year Ago
Now Verified.
A Large and Rich Orc Body in tho rlegRn
Large and Rich Orc body in tho rlega
aud Milling Win Commence
Soon.

Rumors of proposed shut-dovns hav'
been quite numerous during the past week
but they have been nothing more than idl'
rumors. says the Inter Mountain. Th
most important OF these was in con
psction with the Butte Il Boston COM
pany, but at the company's headquart-
srs they have been authoritatively denied
The company 10 working Its smelter anc
concertrator to the limit, tho Silver Bow
mill alone being shut down. The Parro'
shutdown Is confined TO tho concentratol
and will be only Temporary The Boston
& Montana. Heinzs snnelter. Butte Reduc
tion wo' ks and Colorado company are still
operating. The only noise of industry at
WaIkeryille is at the Moulton mill. which
10 still in operation. Tho Anaconda COM
pany, which has been running half Ito force.
10 understood to be getting ready to In
crease the output.
Something more than year ago. sayi
thc Marysville Mountaineer. r. I. Bay
lias. managing director Of the Montans
Mining company, limited, In addressing Z
stockholders' meeting In London. pre-
dicted that "the Drum Lummon mine Is
abundantly able to work out its own saliva
tion." Time has verified his prediction,
and Notwithstanding the low price of silver
and the financial stringency. the company
IL In q very prosperous condition, due to
conservative and Intelligent management.
and the outlook for Its future is of the
most encouraging nature. A large force OF
mon are employed and development work
is being vigorously prosecuted. Is Is more
than likely that the company Will resume
the payment OF dividends in the near fu-
ture.
The Piegan mine is vigorously prosecut-
ing work and taking out rich ore. 1t was
deemed necessary by the management to
cut a raise 10 connect the upper and lower
tunnel for the purpose of obtaining air,
aud this necessitates the extension of the
upper tunnel quite q distance before
larger force OF men can be proftably en-
ploysd. The ore body is large and lioh
aud In about thirty days the company will
doubtless Commence milling the ore. prob
ably at the mill of the Golden Leaf COM
pany at Empire. 10 is expected that con-
neetlon between the tunnels will be effected
inside of thirty days, or by the time of the
annual meeting Of the company.
A great stampede is now taking place to
recently discovered placer grounds short
distance remote from Bonner's Ferry.
Somebody discovered a two dollar nugget
and straiQhtaway people go wild over the
find" Down In "Uncle Ben's" gulch.
about Eve miles from MARY srille, whore
Warren De Camp has been working this
summer. nuggets varying in size from two
TO four dolla.s were frequently found. The
discovery causes no stampede to that local
ity. however. On Canyon Geek Hyland
and McIlvain are taking $50 per day from
their placer ground with only two men
working; and even this docs not create as
much exoitement as an average dog tight.
Perhaps some enc In the dim and misty
future will realize that Marysville is the
richest mining section in the world for
10th placer and quartz gold.