Daily Arizona silver belt., 1907-12-22
WASHOE SHELTER
 SHUT DOWN TIGHT
UNLESS CONDITIONS SPEEDILY IMPROVE AMALGAMATED LIKE
 LY TO SUSPEND OPERATIONS.

BUTTE, Mont, December 20.--ThC suspension of operations by the Amal gamated Copper company at all of its
 roperties except those in control of the Boston & Montana company, in cluding the Washoe shelter at Anacon ia, is not looked upon as offering any hing very promising for the future
 Ni.h the demand for copper almost al a standstill, and the price at so low ar ebb that only very small profit is pos t,ible, the opinion is entertained hero that unless conditions speedily improve complete suspension of operations will be the next move.
 The closing down of the smelter at Anaconda is severe blow to that city and while the same number of men Formerly employed among the scat. tered mines of the company in this city will be given employment in the Penn ylvania, Mountain View, East and West Colusa. and Leonard mines, the effect will nevertheless be felt in Butte. Great Falls, if no further entailment occurs, will benefit imemnsely by the change of base in the mining opera tions, and the shelter at the latter place will be run to it's full capacity, which is treating about 1000 tons of ,re a day, and the employment of about
 ,j00 men. The monthly output will De about 7,000,000 pounds of copper. The Boston & Montana mines are now producing their full output, and thing are running along smoothly.
 The suspension of operations by the Butte X Bacorn Copper company, due to the inability to secure currency fol current operating expenses, has created quite scare among the stockholders, and during the past week there has been heavy liquidation of the stock, and the price has fallen to 61a cents q share. Six months ago it was selling for close, to s share. The suspension of operations will be for only q short period, according to statements made by Fred w. Bacorn, president of tn, company, who is now in Pittsburg, II conference with the heavy stockholders The suspension was not due to any em- barrassment of the company, but to the failure of the Fort Pitt National bank, at Pittsburg. Pa, where the funds of the company were on deposit. The property is in excellent shape, and when work was stopped the east drift from the north erosseut on the l,000-fo0t lev el of the Calumet shaft was showing up very well, and it was the opinion of the eompany's engineers that an ore body would Le opened up within very short time.
 Instructions have been received from the Boston office of the Butte Central X Boston Copper corporation to make preparations for sinking the ophir shaft to depth of l,2OO feet. when a cross cut will be run to the south vein, which on the upper levels gave great promise of widening out into big copper de pos.t. The l,OOO-gaIlon pump on the 5OO.poot level has been taken out and will be supplanted by an electric pump of like capacity, the change having been deemed advisable on account of the decreased cost of electricity.
 The North Butte Extension com pany 8 shaft is now down to 360 feet, and the water is coming in at the bot, tom of the shaft, indicating that an i'm mense vein is close at hand. The ledge which was cut on the 3OO-foot level showed a width of more than thirty feet, and gave some values. It will not again be tapped until the depth of 700 feet is attained, when 1t is believed it will be found to be of commercial value.
 The Pilot-Butte company is forging ahead in its shaft, and last Wednesday the 40O-foot depth was passed and tim pered. Cross cutting will be commenced ,r the E00-foot level, when there is every indication that good values will ue encountered.