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About Fergus County Argus (Lewistown, Mont.) 1886-1946 | View This Issue
Fergus County Argus (Lewistown, Mont.), 04 Jan. 1907, located at <http://montananewspapers.org/lccn/sn84036228/1907-01-04/ed-1/seq-2/>, image provided by MONTANA NEWSPAPERS, Montana Historical Society, Helena, Montana.
• 2 FERGUS COUNTY ARGUS, JANUARY 4, 1907. IS EXPENDING MANY MILLIONS Extension of the Chicago, Milwaukee & St. Paul to Cost a Vast Sum. STRONG COMPETITOR OF N. P. The Two Lines Run Close Together -President Earling Gives Out Statement. Interesting detailed information concerning the plans for the. coast extension of the Chicago, Milwaukee & St. Psul railway were given in a statement recently Issued by Preselen. Earling of that road, of which tie press dispatches gave but a meager summary. A map has also been published which shows that the Milwaukee will make strong competition for the Noi- bard, if that number can be secured. and every effort will be made to get them. C. Dittmer, of the railroad contracting firm of Dittmer, Bradbury & Weitbec is infthe city for the pur- pose of buying a car load of groceries and securing men. He i prepared not cagy to employ men, but also to let sub -contracts. \The contract our firm has from the Milwaukee,\ said Mr. Dittmer, \is tor 40 miles east of Lombard. That takes in Sixteen Mile canyon. It is tne longest stretch of rock work on the extension. We are to have the Job done in a year, and to do It we will employ 3,000 men and teams in proportion. . \Our job in the canyon is through the solid rock 90 feet above the Mon- tana railroad, anti in the 40 mild* we will have 10 and possibly 11 tunnels. , There is one stretch of three or four miles where we will have seven and possibly eight tunnels.\ MINIMMINIM 411MINEMIIIIP MIMI / : AMONG THE MINERS Latest hews from the Mining Camps . of Fergus County end I isewnere. I gleametinemmisenaismilliisesse ea Goldfield Tribune; One of the rich. them Pacific practically all of tho est chunks of silver ore that was ever way from Bismarck to Seattle. For a mined in the world was brought here portion of the distance, practically to ' yesterday by J. T. Hodson,from Fair- Harlowton, Mont., the lines are a son- view, and those who KM it were of sluerable distance apart, but are suf- the opinion that it would assay as ficiently close to enable each to tap high 83 the best ore ever mined on the the intervening territory with brasen Mollie Gibson mine, of Aspen, Colo. lines. The new fine parallels vers' ' Cooice pieces of ore from the Mollie closely the Northern Pacific from assayed as high as 94 per cent silver. Helena to Lewistown, while from Lombard tc Butte it crosses the Nor- thern Pacific three times and closely parallels it all the way. From Butte west to Seattle the Con- flict of territory is still more appar- ent, and - shows the reason for Mr. efforts to keep the company out of Sea.tle and out of the was. Between these two cities the new 000 ounces in silver and 200 ounces in line will cioss the Northern Pacific gold, or a totat value in silver and nine, times, and, as seen OD the map, gold of $18,000 'a ton. the two rolds look - as. though they While the gold fields of Nevada are were one to Saltese. Cost Sixty Millions. It is said that the cost of the road Ion creeks. The state line between North Dakota and Montana will be crossed about eight miles west of the Little Missouri river. The Yellow- stone river front a point four miles east of Terry, Mont. Leaving the valley of Yhe Yellow stone at Forsyth, Porcupine and Horne creeks to the Musselshell val- ley will be followed and thence down this valley for a distance of about 100 miles to Harlowton, where con- nection will be made with the Mon- tana. Sig Bridge at Lombard. At Lombard the \orthern Pacific will be crossed overhead, and the Missouri river by a six -Ryan- bridge 600 feet long, and the Missouri anti Jef- ferson rivets sill be followed to the est Slope of the continental (livid , Sear Whitehall. Between Whitehal and Butte this divide, the main range of the Rocky mountains, will be cross- ed through Pipestone pass at a max imum elevation of 6,35o feet. Two tunnels 2,450 and 1,280 feet long s ,eter% three ateel trestles over deep ravines. . from 406 to 600 feet- long.'w111 be the distinctive features of this portion of the line. From Butte, at the foot of the west slope, Deer Lodge, Hell Gate, Missoula, and St. Regis rivers will be followed to a point about four miles west of 1 Saltese. Mont., where tho ascent of the Bitter Root mountains begins. St. Paul Pass, the summit. will be reach- ed at an elevation of 4.200 feet, and a tunnel 8,500 feet long will be nec- essary in crossing this range. The line will follow the drainage of the St. Joe river to within a few' miles of Its mouth and will cross the Idaho- I Washington state line just east of Tekoa. Wash. Another Tunnel. At Johnson creek summit, about 20 miles west of the Columbia river, there will be a tunnel 3,400 feet long and at Snoqualmie pass there will eventually be a tunnel about two miles long at a maximum elevation of 2,560 feet, but for the present the operations through the pass will be by a surface line at a maximum ele- vation of 3.010 feet. A new line will be built from Black River Junction, Wash., to Tacoma. where a lar,se amount of terminal property has been acquired. The line from Glenham to Butte is under contract. The Bitter Root tunnel and approaches for two and a half miles on each side are be- ing built. The line between the Bit- ter Root and the coast Is under con- tract, and all steel bridges and tres- tles will be erected by the bridge ae- pertinent of the road. Grading is completed and track laid from GIGea- ham to a point about 20 miles west of the Missouri river, the crossing being made on a temporary pile bridge. Much grading has been dons In the Yellowstone and Musselshell valleys, and sub -contracts have been let and forces are at work on the re- tnalnder of the line. This piece will run 70 per cent silver, and also carries high values in gold. The wonderfully rich ore of the Aspen mine carried little or no gold, while the ore from the Nevada Hills mine, where Mr. Hodson got the specimen, is running at the rate of about one ounce to 100 ounces of silver. This specimen will run at least 20, - Thousands of Men wanted. Helena, Jan. 3. --There will be work men for the next year in Mlle earyon east from Lom- proveu to be genuine, in that at least one has even exceeded the production ot Cripple Creek within a given time will be about $40,000 a mile, which and others are sending out the best would make the total expenditure\ of guarantees -the real stuff -it is al' from Everts to Seattle about $60,000, ' so true that wildcat schemes are num- 000. The distances over the new route crow; in Nevada, as elsewhere and houest mining work is unjustly crit- icised and discounted by the,victims of such schemes, while honest enter. will be as follows: Chicago to Ev- erts, 805 miles; Everts to Butte, 741 miies; Butte to Seattle 750 miles' Ely Nilotic John Weber has sold his Bully Boy mine, adjoining the NeVada Consolidated properties to the Cumberland -Ely company for $111,000. Mr. Weber was paid $2,000 when the deal was made, anti on Saturday re- ceived the check for the remaining WOW He located the Bully Boy lu 1899, and gets the entire $10,000, as he had no partners in the property. Goldfield News: A throng obstruct- ed the sidewalk in front of V. L. Kline's jewelry store one afternoon this week when the richest ore evei taken from a mine was placed on ex- hibition: The chunk weighs about forty pounds aud assays in the neighborhood of a quarter of a mil- lion dollars to the ton. The rock wat. taken from one of the high grade streaks jp the Frances -Mohawk. Of the small army of successful mining men, in this western country, but very few of its members were native born, the large majority beins men direct form the east who arrived in the mining fields with as little real knowledge of the industry as they Possessed of aerial navigation. This class is designated as \tender foot,\ and in some circles they - ani held up to derision and scorn; and most unjustly so. The tenderfoot comes to us full of enthusiasm and almost as helpless as a child. But he brings with him the best of training, a brain that is clear and active; and an inheritance of ' brawn and intelligence that will take him from one end of the world to the other. Ile is ignorant concerning min- ing affairs, but he is not stupid. He may amuse the veteran mining man and the trnschooled native who knows as little about the east as the tender- foot does about the west but it is not long before he has absorbed mining knowledge galore. Anti when this is acquired, and some practical ,experi- ence has been gained in the mine, in the mill, in the canyons, and in the mountains, it is then that his early training, his inherient qualities and his education begin to make an impression in mining circles. He has followed no \rut\ for so many years that a new princissig, a new idea, can- not be absorbed by him, and he jumps at correct conclusions a year before they can filter through the brain of the basil who has followed mining for years and whose favorite field of operation is the street corner in sum- mer and the hotel lobby in winter.- Salt Lake Mining Journal. total mileage, Chicago to Seattle, 2,- prises, organized for the development 306 miles. It is expected the road of good prospects, are denounced as will be completed to Butte by Janu- swindles if they do not succeed in ary 1, 1908. and to the coast a year I opening up dividend payers. There is later. no business pursuit more legitimate The extension will begin at Gies- than ndning intelligently and honest ham. S. D.. 89 miles west of Alan- ly conducted. If men of integrity (ken, anti eight miles east of Everts. form a company to develop claims that the present crossing of the Missouri show well at surface or are adjacent' river. It will' cross the Missouri riv- to established mines, and if the corn- er 12 miles west of Gienham and puny witrout misrepresentation sells about the same distance nprth of Ev- treasury stock at a nominal figure and expends the proceeds in development work, buyers of the stock have no kick coining whatever the result. While the ground is unexplored there is - a chance that the investments will bring dol- lars for dimes. Certainly no one can arts. The bridge will consist of three Spans of 426 feet each, with steel trestle approaches 1,300 and 125 feet in length on the east and west sides. respectively. Seven and one-half mil- lion pounds of steel will be required for the superstructure of this bridge, .be blamed if they do not. On no one and the contract has been let to the does failure fall more heavily or re - Pennsylvania Steel company. gretfully than the promoters them - Follows Oak Creek. sliffct lobs, but From the river the line will follow have to reflect that investors who the valley of Oak creek and its tills- could ill afford to lose were influenced utaries for about 40 miles, from which to part with'their money through the point It will practically parallel the State line on the plateau between the Cannonball and Grand rivers for about So miles, front which latter point advantages will be taken of nal- and it would seem that something ural drainage to the crossing of the might be done to warn people every - Little Missouri river. The first 80 where against illegitimate schemes. - miles west of the Missouri river wWsSale--Lakesafteleg-Review.- - - - • be entirely within the Standing Rock I Indian reservation, and the line will Barnes -King showed life in the mar - enter North Dakota as it emerges kets of the east yesterday, several quo - from the reservation, tations being recorded, but the price From the Little Missouri river to bid and at which sales were made was the YelloWstone riser the line will not satisfactory to the Butte men who follow Corral, Sandstone and ()Tat put their money into it. The first inti- mation in regard to it was that it would hit the curb at about $10 a share, but yesterday It ranged between $5 and $6, which is only a fraction of a point higher than the price at which the shares were sold. -Anaconda S d d warranted representations of the com- pany of which they are a part. It is regretful enough that investments in legitimate mining sometimes lose out, tan ar . The diamond monopoly is unusually piosperous, and although it has suffer- ed somewhat from the loss of three of its most ardent supporters within a short time, net profits of the De beers !ranee are still something over $10,000,000 per annum. In the year ended June 30, 1906, the dividends paid amounted to the large total of $9,000,000, which, by the way, is $2,- 000,000 more than has been declared by tre Calumet & Hecla Copper mine in the current calendar year. The Be Beers Consolidated Mines, Limited produced in the last fiscal year C.8,- 038,590 worth of diamonds and on June 30, 19116. had 7.1196,700 loads of blue ground valued at $2,104,760, reaay for treatment. The recovery of dia- monds varies from 0.245 to 0.41 carat per load of blue ground. Only by careful, intelligent management can the De Beers company realize the im- mense profits that it does, and at the same time regulate the market Price. -The Mining World. • The October statement of the Ken- dall Mining conipany shows a small increase in cash balance over the pre- ceding monthr -The company had at the end of October a cash balance of $84,232. Bullion sales for October saieotinted to $04.985 and other reeeipti. i brought the total receipts of the com- pany for the month up to $32,402. The total expenses were $20,664, show- ing a gain of $18.738 out of which the customary dividend of 3 cents a share was paid. The average value of the ore treated was a little higher than for the month of Sur.ernber, 1;ge ni e n xfiZtit 3 ta l ti ler 87to1n1.0 per r e aver- age tons of ore were milled. The cost of mining and milling per ton was $2.18. When the investing public is in the Merely to accentuate what we have humor and the barometer of market hcen saying on the subject of forest reserves and their relation to mining, quotations registers above normal the brokerage and capitalistic underwrit- we wish to cite a recent incide..t ing fraternity has a carnival. A boom I which shows that some are still learn- ing by hard experience just what a like the one retently which establish - ea record high prices for mining I forest reserve means. Presumably shares, some of which represent prop- I time alone will serve to acquaint all erties still in the prospecting stago,i the people with the purport and sp- is productive of a multitude of corn- eration of the forest service, but whs.n pan,- promotions. Lit la_tru much easier safer and-attrer Imagine the profits of th promot ;_to ascertain the facts by the exer ers and underwriters of the - e - , else of a little intelligence, we urs,o $50,000,- 11011 Goldfield. anti $25.000,060 Green- the latter course. The incident to which we refer occurred •ecently on water. Nevada, gold mines eonsolIda- lions, and the recent $60.000,000 , one of the California ressrves. and Greene -Ryan -Cole copper combination! relates to cutting timser without a Ordinarily iinderwriters are \preferred permit. The parties who did the cut creditors\ of a new corporation, ting now find themselves trespasse,.1 and on the United States' land. and liable instances could he cited where they to pay the value of the wood and have received the lion's share in min- ing company promotions. An eniollf- heavy fine. The claim -.of the govetti ment of 50 to 75 per cent in treasury men t. against these iregPas-1 , - ,8 amount to about $12,000 and wilt ue stock is not an unitstial reeogilitIOU pressed to the limit. The action may in the east for an underwriter's s \faith\ In a new mine. Sometimeseem harsh, but a thorough undei- standing of the purport of the ro- the underwriter will cloud the breln of a mine owner liy the argument, servesill h I statistical or verbal, that 90 per cent of the investment would be a risk, per- haps a loss. The diiieouraged mine owner can do hut one of two things, namely; quit the polluted atmosphere of 'Wall street, or make a self-sacri- ficing bargain with the shrewd under- wi iter. Charity is a forgotten virtue when a mining deal is made. How often do we hear of a peculiar mine flotation, made possible by the company promoter with a \financial pedigree.\ Only a short time ago $6.000,000 capitalized company, whose only asset was the active brain support of a man With a \reputation\ gained by associating with the so-called aris- tocracy of finance in Wall street. The mission of this unique promoter Was to create what The, Mining World would term a \confidence fund\ by public subscription trrough the daily press, for the purpose of acquiring min- ing property in the famous Cobalt dis- trict in Ontario. The credentials of eh+, genius were he less fortunate in his associations 'would ordinarily be classed with the \620 per cent Frank- lin syndicate\ incubation. As it is, tne $5,000,000 \Cobalt or bust\ gamble may win out, by reason of the magic wand of its promoter -underwriter. There is another kind of \good fel- lowship club\ which seems to be gain- ing members rapidly; this is the co- operative mine enterprise in which all concerned empty their pockets into one \kitty.\ Should the mine prove a success under this co -partnership Management everybody gets an equal share of the profits; but If a member through envy or other reason \calls' the game, it may result In costly liti- gation for all concerned. Human na- ture seems to have changed under the Influence of accumulated wealth. sen- timentality being largely superseded by selflehness.-Mlning spect for the government, and a dcsiie to obey the laws. -Mining Reporter. Anaconda Standard: J. C. Norvell and E. H. Wilson have returned from the North Moccasin district of Fergus county, where they spent a few days inspecting a group of claims which, it is said, they and other Butte men will buy and organize a company to be known as the Barnes -King Extension by reason of the fact that the prop- erty adjoins that of the Barnes -King. The group comprises five claims, and the ore in it assays from $10 to $40 in gold per ton. It is said that Butte men have been figuring on the proper- ty for quite a while and have things in shape to begin operations on it. Mr. Willson. who is one of the Davis - Daly engineers and was formerly sup- erintendent of the Minnie Healey, has submittel a report on the property and is said to have given it a good recommendation. Chinook, Jan. 3.-A great strike of copper has been made In the Bear Paw mountains about 25 miles from Chinook. Teams, loaded down with mer- chants, professional men anti all etas - sea of citizens, are leaving for the scene of the discovery. Samples assayed by M. F. Mayer of Butte show copper. 20.7. per cent; silver, 11.70.- ounces; gold $9 per ton This sample was taken about six and one half feet from the surface. Chinook is the Shortest and easiest point to the newly discovered field and the discovery means much to the town. The pure food law establishes a high standard -it says in substance that, Hunt's Perfect flaking Powder I approved. and it wins approval every where. One 1111111111111111111110 AMID 4111111•1111111111•11111MMIND OMB 1111111M1111111111110 61111•111111111111 IN/IIININD SID • GEM • 111111111011111111 •111111111111111) • IINNEIRIND MID 111111111111111111111\1119 • BIG 111///1/111110 GOND •111111111111111111111 CLEARANCE SALE. N order to reduce my stock belore taking the yearly in- ventory, I will give the people of Fergus County some tcter of the greatest bargains that have ever been offered in Lewistown. Come in and be convinced. Below are given only a few of them: _ r 0 - . / i 1 ' Copyright Hart -,i . „E - . I ' r , ' 4- . , Il4 I III 0 , V , 4 ).0,,, 'el ' d 1906 by Schaffner & Marx • Hart, Schaffner & 4 ,.„......„,.• .-: - t • ',_-- ,,,t.. k i .)+,... ,. • =.:, '41 . .-1. • , . . , , . , f I it • %;\------: Copyright 1906 by Hart Schaffner & Marx Marx Men's Suits sz......,. 4 There are only a few of these Suits left now in my stock and I will close them out as follows: $25.00 Suits to close . . $18.00 22.00 -\ dd • • $16.00 20.00 \ 16 . . $15.00 18.00 \ „ . $12.00 15.00 '' \ . . $10.00 MEN'S TROUSERS _. I have a complete line of sizes in Men's Fine Dress Pants $5.00 to close . . $3.50 .. 64 4.50 \ . . 3.00 66 66 4.00 \ , . 2.75 Trousers Heavy dd 66 and can fit anyone: Wool Work Pants 3.50 to close 2.75 \ f d 3.00 \ 2.75 f 6 dd 2.75 \ 225 . - , -.• t: 4: , 1 3 ,:.N . I i.., Men's Dress Men's Sheep Lined Overcbats Canvas Coats --\\------- • •.;,....r .. \. . s,, ,... .-- There are only a few of these over a left and I will close them out at these prices: $ $19.00 25 Coats to close $18 \ 6. 13 .' 5 ° $15 66 66 11.50 Now cold weather Short canvas to close Short canvass wombat Short canvas $8.00, Long canvas $15.00, Long canVas collar, Long canvas collar is the time to prepare yourself for the that is to come. sheep lined coats $5 $4.00 sheep lined coats collar, $7.00, to close . $5.00 sheep lined sleeves to close $6.00 sheep lined sleeves to close . . .. . . . . 12.00 sheep lined, wombat ...„ ,,„„„ $12.00 to close . . . . ipv.uu sheep lined, sheep $10, to close $7.00 Mackinaw Coats Men's Corduroy Ext: a heavy with large collars. $3.00 Sheep Lined Coats $6.00 Coats to close Best Grade Corduroy, wombat col - Men's Tiger Hats Men ' s Heavy Wool Sox lar, $9, to close $6.00 Regular price $3 4fr1.95 spf , 6 5 t o c c v it i s u e e ' , , . 45c Best Grade Corduroy, leather bound 4 ,„... „.„ wombat collar, $8, to close . . 41P1.1111 _.., st • i. 0 • . BOYS ; CLOTHING , t .1.‘• N -,-:.... / . 0.... ..-- ... , 1., I still lave a number of Boys' Suits on land in the differ- ent styles, both two-piece suits and three-pie6 suits which I will sal! at LESS THAN COST to close tout the entire line, This is a rare chance to fit out the boys if they need new suits. H. C. BROWN LEWISTOWN, - •11111111111111111111 - MONTANA. 5.716 w '• ,
