The Anaconda standard. [volume] (Anaconda, Mont.) 1889-1970, 1898-04-07

Bal. of receipts Dec. 81. 1897. s3.4s4, 40S
The dividends paid. including the
one payable May 20 Of this year, aggre-
gate s7,625, 900.
Superintendent Klepetko gives "A de-
tailed account of the work at the mine,
which Is very interesting. At the n
sylvania shaft a large amount OF de-
velopment work has been done n a
great deal of ore backed out ready for
mining. The shat. has been sunk from
the seventh to the ninth level. and the
ore reserves have been largely in
creased during the year.
AT the Mountain View shaft h de-
velopments have been sufficient to old
the ore reserves up to the point where
they were at the beginning of the year.
in spite of the heavy demand for ore on
ccoun of the shutting down of the
West Colusa.
AT the West Colusa shaft the com
partments nave been enlarged from the
surface to the sixth level and the shaft
sunk to the eighth level. 1t Is proposed
to sink to the 18th level. with stations
at the 10th and 18th. Nearly the entire
year was consumed in enlarging and
sinking this shaft, consequently the de-
velopment of this part of the property
has been delayed.
AT the Leonard shaft the develop
ment work has been entirely on new
veins and ore bodies. all tributary to
this shaft. These developments have
besides the $1,000 tons mined this year
from these ore bodies. Thirteen thou
sand tons mined from abandoned work
ings on the Colusa vein, were also
hoisted through this shaft.
THE East Colusa shaft has been
cleaned out and repaired down to the
fifth level. About %. 900 IONS of ore
haUa haan axtrapfaA frnnn fha fnttrf N
and fifth levels
THE Atlantic shaft has been sunk "a
the eighth level. but as, during the
| prospecting north and SOUTH, nothing
has been encountered but hard granite
the slope has been allowed to III with
water and all the plant has been re-
moved.
Between the Leonard and West CO.
lusa HOSTS a new boiler house has beer
erected, and seven new locomotive boil.
ers. of $50 nominal horse power each
will supply steam for the hosting en-
gines at the West Colusa and the Leo.
nard shafts. for the pump at the Leo
nard and for the Engines at the new
compressor house. A brick power hous.
has been built close to the new boiler
house. large enough To contain a go,
horsepower Nordberg triple expansion
and three-stage air compressor. also
the compound Risdon compressor
which il now installed in the machine
shop, also lighting engine and dyna-
mos, and the condensing apparatus foi
all these engines.
THE ore reserves a W largely in
creased. so that at the end of the veal
these amounted to about 1900 900 tons
This estimate is based pm the results
OF very careful measurements and com
| putations. Careful sampling and az.
says have shown that these reserves
will give about the sua yield of cop
per and silver per on. Although tbs
construction costs and expenditures fol
developments to increase the ore re
serves have been very large. neverthe'
less the cost per ton mined has been re
duced. IL is hoped that a further re-
duction will be made this years
AT Butte we have continued to leas'
| and operate the Butte a Boston snei
ter on Boston a. Montana ores. Th'
costs of treatment n percentages o
saving in the different operations hav'
been very satisfactory.
AT Great Falls the costs have beer
reduced in nearly all departments, bu
especially so in blast furnace n re
verberatory smelling and I'm the electro
lytic refining. The new No. l blast fur
mace i'm conjunction with the new or,
bins have shown fully what can be &C
complished with a large furnace. w
shall erect two more such thi
year
1--WE expect to materially reduce tn
cost of electrolytic smelling this year
At the electrolytic plant the produc
tion has been brought to $4,000
pounds per month. when maximum cur
rent is used. At the n %refner.
two of the furnaces have been rebuilt
to larger dimensions and show crafty