The Anaconda standard. [volume] (Anaconda, Mont.) 1889-1970, 1896-02-24

includes sinking fund accumulated s62-
500, not appearing last year.
decrease, Eastern expenses. SIS. 5ll: to-
tai expense, s.. 1854; interest. $50. Sss: prop
erty bought. sl94,eS2
Total bonds outstanding, S1.247. 900
against 1868. 900 last year. The total
available balance for redemption Of
bonds Dec. 81. 1895, was $135, 207 against
sl11,972 the previous year.
The total dividends declared to date
are SO, 725, 600
The Mountain View shaft was sunk
100 feet and the Pennsylvania shaft rs
feet, while no shaft sinking was re-
ported last year. Other development
work shows 1852 feet in wines against
l,525 feet last year. The Stopping of
ore was 11,623 cubic fathoms against
S,755 last year.
The drifting was 600 feet. against
$500 last year.
ore shipments to Great Falls were
225.S59 tons against 1Ss,972 tons last
year.
In the Atlantic mine or eastern prom
critics the shaft has been deepened 1913
feet, making n total depth of Az feet
The surface wash was found nearly 400
feet deep. A tree inches i'm diameter
was found at a depth of 334 feet. IL
was coated with fine particles Of natire
copper. When a depth of 600 feet has
been reached, or 200 feet I'm the perma-
nent granite, a cross-cut will be
started.
No new machinery for the mines has
been bought and Captain Couch says.
taking everything into considerations
Il cannot see that the condition could
be much better"
superintendent Klepetko reports that
the capacity of the electrolytic refinery
at Great Falls has been brought up
to over 100000 pounds per month.
T. +. Collins and ]. c. +. Barker of
the Big Seven Mining company have
de2-ded to continue operations and to
do considerable work.
Work will be resumed at once at the
Gilt Edge mine, near Lewistown.
II. Nj. Lowry and other Butte men
have bonded the Imperial group on
Harley creek and Stephen Plerse will
manage the property. The present tun-
mel win be run 200 feet further and
then sunk at least IS feet. Considera-
BILE work has already been done and
there is fine showing of copper
The Neihart Herald reports 10 cars
of ore shipped from the Broadwater the
past week and four from the Gait.
f. A. Heinze has returned from Trail
creek
There is a report that the Butte &
Boston Is preparing to resume opera
tions. the start to be made March /. No
confirmation Of the report has been OBJ
tanned.
The Black Diamond Mining & Milling
company of Neihart has levied an as
sessment of l per cent. per share. pay
able March 10.
The new concentrating plant of the
Montana ore Purchasing company will
be capable of handling 600 tons OF ore
daily.
The frame of a new shaft house at
the j. l. c. has lately been put up end
work is now progressing towards en-
closing the structure. The shaft is
down about 500 feet
A party OF leasers have started work
on the Stevens again. a new shaft is
being sunk near the gulch.
Several new brokerage firms have
been started up in Butte during the
past week.
The worlds yield of gold increased
last year over 1894 20 the extent OF
s23,750.OO0. The increase In the United
States was S5.l10.OOO.
A correspondent writes from Cripple
Creek: THE developments OF the past
few weeks leave no room for doubt that
the gold area OF this district is vastly
more extended than was previously es-
timated:.
Mineral Hin. on the north although
one Of the oldest prospected regions In
the immediate vicinity. is just now de-
velOping shipping Mines and the same
Is IN part true OF Carbonate. Ironclad
and TenderfOot Hills. while further
north. in the vicinity OF Gillett. the
Lincoln, Puzzler and King OF Dia-
monds give evidence OF the wealth OF
that locality, for the ore vein OF the
Lincoln promises TO rival the indie
pendence in richness. The value placed
on properties in the heretofore defined
gold belt has had the effect to start an
army Of prospectOrs into outlying ter
ritory. where surface indications are
favorable. and In the Bare HIS. High
Park. Four Mile and Fresh Water dis
tricts good fioat Is reported. and suffi-
cient capital Il investing 20 sink shafts
at many points In those sections. BE
r-r- u.Nf autumn An ana nE oolr-rr-.-