Search results
Results from the WOW.Com Content Network
When the U.S. stock market crashed on October 29, 1929, Anaconda suffered serious financial setbacks. Moreover, at the same time, copper prices started going down dramatically. Things at Anaconda worsened as the Great Depression set in. Ryan's Anaconda shares, once worth $175 each, had dropped to $4 at the bottom of the Great Depression.
On September 12, 1928 the Anaconda Standard's Butte edition merged with Butte Miner to form The Montana Standard. [3] At the time it was owned by the Anaconda Company. [4] In 1959, It was sold to Lee Enterprises. [4] In 1971, under the leadership of Betty Danfield, the paper's women's section won the Penney-Missouri Award for General Excellence ...
John D. Ryan, president of the Daly Bank and Trust Co. in Butte and former president of the Anaconda Company, [32] convinced Heinze to sell out to Amalgamated. [1] Heinze did so in 1906, accepting $10.5 million in compensation and agreeing to end more than 110 lawsuits which had tied up $70 to $100 million worth of Amalgamated property.
Prlja was at the time a motorcycle officer in the Butte police department and like Oates had worked as a security guard for Anaconda. [10] An estimated 10,000 workers lined the route of Frank Little's funeral procession, which was followed by 3,500 more persons. The funeral is still the largest ever in Butte history. [11]
Anaconda was created as a company town that contained the smelters for Butte's ore. The Butte Anaconda and Pacific Railroad, connecting Butte and Anaconda, is a designated part of the expanded National Historic Landmark District. [2] Known as the "Gibraltar of Unionism", Butte saw the early development of a mine worker's union in 1878.
By that time, Butte's other silver mines were also playing out, so Daly closed the Anaconda, St Lawrence and Neversweat mines. Prices on surrounding properties dropped and Daly quietly purchased them. Then he re-opened the Anaconda as a copper mine and announced to the world that Butte was "The Richest Hill on Earth".
The Butte, Anaconda and Pacific Railway Historic District is a 750 acres (300 ha) historic district which was listed on the National Register of Historic Places in 1988. It covers the railway right-of-way which begins in Butte, Montana and runs to Anaconda generally along the course of Silver Bow Creek .
Anaconda was founded by Marcus Daly, one of the Copper Kings, who financed the construction of the Anaconda smelter on nearby Warm Springs Creek to process copper ore from the Butte mines. Daly originally named the site "Copperopolis", but that name was already used by Copperopolis, Montana , a small mining town in Meagher County .