Show MONTANA negotiations are under way between various properties in the east butte section and officials of the great northern railroad looking to the construction of a spur into the district tile the properties lis affected include the butte london main alain range colusa calusa leonard aroble and mines it is reported in butte that the utah interests back of the butte duluth mine at that place are likely to secure control of the butte copper these include al frank C W whitley and edgar L newhouse jr all of salt lake and the latter two associated with the guggenheim iS melting interests alfred frank president of the mines operating company recently org organized anizel to operate the butte duluth copper property at butte states that the leaching plant has been treating a bout about tons a day by the leaching process and that this is to be raised to tons as soon as the management can secure sufficient acid the ore carries approximately 14 per cent copper the announcement of an important strike of good ore in the butte main alain range property of the copper aaning company of butte has caused general excitement in the district where the stock of the company is largely held superintendent paul gow states that four feet of ore averaging 39 per cent copper and 27 ounces silver has been opened at a distance of feet from the sinbad shaft on the level the dividend record of the butte superior mining company of butte for the present year has reached a total of 35 per share compared with 18 last year and in 1914 disbursements the present year have been at the rate of 1075 each for the first two quarters and each for the last two quarters the difference being caused by the slump in spelter prices on october the company had cash on hand with net quick assets of this is one of the jackling properties and is under the management of jamesl jamesl bruce |