OCR Text |
Show EAST BUTTE PLANS TO RAISE OUTPUT Another factor which may serve during dur-ing the winter to reduco the production of copper in Butte Is the reported determination deter-mination of the East Butte company to increase Its smelting capacity. To do so may require the company closing down Its smelting plant for several weeks, but the probable time of such action ac-tion Is not yot known. It Is the Intention of the company to raise Its monthly production from Its present point of 1,250,000 pounds to 2,000,000 pounds, and material for the new furnaces has been on the ground for some time. The company, however, has been slow to close the plant In view of the good price it has received for Its copper cop-per metal. It Is said on good authority that the Indebtedness of the company has been much reduced since tho first of the year, having been brought down to ?C88,000 from S1.0SS.000. |