Great Falls weekly tribune., 1896-04-03
BOSTON & MON ANA COMPANY
A Boston Financial Paper Explains
the Secret of the CompAny's
Wonderful success.
And Points Out the Mistake Made by
the Butte & Boston in Not Build
ing at Great Falls.

The following article is taken from the
Boston News Bureau, paper devoted to
the interests of New England investors,
particularly those in Boston and vicinity.
The article is given the leading position
in the issue of March 81, and will prove
of interest to many people in this city,
particularly @s it points out the fact that
Great Fails possesses unapproachable
advantages and Inducements TO smelters,
and places stress Oh the fact that the
Butte and Boston made grave mistake
in not building their smelter here. In
other respects it is also interesting read
ing. The article, under Boston date
| line, reads as follows:
Some people believe that Boston &
Montana ls producing 100000 pounds
of copper per month and is now making
at the rate of more than S2,5OO,0OO net
per annum with which to pay interest
sinking fund and dividends and swell
the surplus.
There are good and sufficient reasons
why Boston Il Montana should roll up
considerable surplus, and if the manage
lnent persists in It's present policy of ac
cumulation and gains surplus similar
to that OF the Calumet and Hecla, it
will be better for the company, for all it's
stockholders, for the future of its own
mineral property.
There IS no reason Why Boston & Mon
tana should not carry In cash AID cop
per a surplus OF three to live millions.
All repuytB to the contrary notwith-
standing, We have good reason TO believe
| tr.p pf nt lf AZ q
present great prosperity is in the Great
rats smelling plant, which is not
| cquaieu by any smelling plant in the
| world.
lne Butte and Boston Mining COM
p4Dy rebuilt lie eme4ter at butte at an
| eApel.e vi nUro tnau 3JUOOOl, while tho
! Boston and Montana WAS wrestling with
| sand ~Gu!Co coal. fuel gas, trahsportA-
tlUn, power traasmlsslOn, fitting furnace,
| bruyhuur Cat4luur, CuACeDtEalur storage
ana other pJobIenG al Great Falls, 10
| the distraction ut the management ana
inc despair oI rhe Boston shareholders,
Meanwhile the loGal management If
both properties at Butte. had grave
dulUtH rs 10 whether Boston aud Mon
laLa Hau not madu mistake ia going TO
Gfeut Ea,l=, ana the outlook for the
Eutje Emeiter Was certainly most prom
isiug ana lLE nIl05 were showing up very
We'll.
Bat when the Boston and Montana
smtltiDg works at Great FalIs tiualIy got
All their economies iuto line, the com
pauy raised lis output aud diminished
Its manufacturing cost with celebrity
never before equa!eu in copper mlning
operations.
Buuo and Boston has fine plant Of
the Old style at Butte, but is now IN the
hands OF receivers, whlIs the Boston and
Montana has more than 81 100000 III
CAeh ii the bank or account On call.
Oae Of the most pathetic things, how
ever, IL connection with the Boston and
Montana 3 that the engineer VINO con-
ceiveu this GGcar Falls plant and had
hua!ly to yield 10 Others his uAiiuioOeu
plaus, the truitiOn of which he never
saw, died unknown on a railway tram ia
Oregon last year and barely escaped Il
paupaI puria! III an unmarked grave at
The very Aue tne Boston brUkerg' board
Was |rlsautiug d 6Ccne Of activity such
as has been seldom witnessed IN rising
Boston and Montana copper shares.
Vet il ever there WAS d speculation in
connection vita the management of the
DOstou and Montana. 1t WAS the ecleu-
tide speculation Of Engineer Charles o.
Parsons, vino first attempted to apply
stee! smelling processes to copper ore
Butte and toston was more "cOnherva-
lively" managed; it stuck by It's old
fashioned smelter. and still sticks. If
= Boston and Montana had continued d
failure al Great Falls reduced lis pro-
duclion, and become cnppled in it's oper
ation because the people at Butte for
bade the burning Of it's sulphur ores in
: the open air, what might not have been
the SUCCESS Of Butte and Boston with it's
rebuilt srnelter and compact plant,