New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1906-01-09

circular. and it win he entirely feasible so- g.
Treasure to nsr<et the bonds in amounts AZ "a "a
them has been reduced toe one-haf of per 80. o.
conform with the tax on circulation based On ~
between the first haIf Of the current ascs MADE aa
and the corresponding six months Of TIE pre,3es,.
Droximstely S2o,G00,000 p
VALUE OF NEW MONTANA COPPER Ftxns
F. Augustus Heinze who is not an Ar,srss
mated man, said. when asked concerning the vsl~,
Of the Anaconda strike:
Don't figure 1t. 7 have been mining in the ps,,.
Mountain for ten years and there never has 49,
a year in the ten when ten thousand tons Of X -
cent ore has been produced in the camp Six - =.
cent ore in quantity Is bonanza enough in Butte ~
anybody. So far as Is per cent ore is encounter15
which there are practically unlimited quantities Z
the Butte Mountain. Nobody has been a stronzss..
Camp below the 2G0s foot level For MANI s vs Butt
have had more faith in the Butte Mountain ana Il
the Anaconda vein than nave the An1asamated and
Anaconda people themselves. It is in this fslss
that have devoted my life 70 the acquisition an
development OF Butte Mountain mining claims
John MacGinnis, Mayor of Butte. says:
so-called Anaconda strike shown on 2gs ,sv.
shows ten feet 30 per cent ana forty feet : per
high and perhaps vein partially cross cat on IA
is the same Undoubtedly such strong body zil
tiles add millions to Anaconda.
WIRE PRODUCTION-A prominent Steel NAV.
facturer estimates that the total production Of via.
goods in this country is running close TO zeea
tons year, the largest in history. He figures tb,s
i'm normal years the production of wire goods v5u
exceed the output of steel rails The United sts4a,
Steel Corporations wire mills turning out Win.
goods at the rate of 5000 tons year IA,
production of wire shows an increase each year e.
the last four years, the only branch Of the STEEL
industry that is able to show such a record.
INCREASE IN DIRECTORATE stockhols.
ers Of the Irving National Bank have approved an
amendment to the bylaws authorizing an increas.
in the number of directors from fifteen 10 twenty
five. The officers deny that this action has any
connection with the rumored merger with the New.
York NatiopaI Exchange Bank.
UNITED RAILWAYS OF SAN FRANCISCO
special meeting of the stockholders OF the Uaites
Railways of San Francisco has been called for 1es
a. m. January 81, at Jersey City for the purpose AZ
considering a plan to increase the common stock to
S25,oO0O00.
TITLE GUARANTEE AND TRUST COMPANY
REPORT.-The Title Guarantee and Trust CON-
pany reports December 90: Capital. surplus and
undivided profits, $l0sS91A: deposits SO 10 It's
resources include stocks and bonds s5,sai7n bonds
and mortgages. S144S5 49, banking houses LII So
loans, $13,T00.E3; cash, S2,S70.472
MINNEAPOLIS, ST. PAUL AND SAULT STE
MARIE.-Earnings Of the Minneapolis ST. Paul
and Sault Ste. Marie for the fourth week in De-
cember show the large increase OF S53.919. making
for the month an increase Of $231153. comparison
being made with the same period a year aga
From July l earnings Of this company have in
creased Si,5I5.20S.
BONDS UNDERWRITTEN-A group of the
larger stockholders of the Mitchell Mining Com
Pany has agreed to underwrite 100000 Of bonds
of the railroad from Acapulco Harbor the mines
and smelter. All shareholders will be permitted
to subscribe to these bonds. This viii give the
Mitchell property its much needed rail counec
ton with ocean transportation