The new North-west. [volume] (Deer Lodge, Mont.) 1869-1897, 1873-03-29
MONTANA aalnIns PROPERTY.
Crofutts Western World, March.

Csoiutts Western World, March.
Our late reports from Montana arc very
important. The rich developments in the
Cherry Greek mines IN the DAVIS lode, and
in the Legal Tender, the latter assaying as
high Ms $500 per ton. indicate no lack Ut
the precious metals In that Territory. Bu,
Montana does not need ''ncw discoveries" IL
establish the richness Of her mines. Ricn
gold and silver bearing Of quartz lodes, dis
covered years ago, number many hundred.
some of which assay. from near The surface.
as high - $2,0O0 per ton: and yet these
mines are undevcloprd. and comparatively
unknown outside of Montana. One reason
for this has hccn, and is now the want Of
CHEAP AND RAPID TRANSFORMATION.
The great distance from railroads and steam
nsyirasi"n-thc latter via Fort Benton, ON
the Missouri River, can only hc depended
upon sb"ut one month 10 tho year, while
the former il distant near 400 miles.-com.
pared with Colorado. Utah, NcvSla and
California, has led many capitalists 10 inves,
in the latter States and Tcrri,ories in pref
cncc tO Montana. But the rapid progress
making in the construction of the North
Pscihc Il Ru'rosd, aud the pushing ahead Of
the Utah Northern narrow gauge, from its
junction with the Union and Central Pacific
in Sal, Lake valley, will soon give Montana
competing lines, snd place her on the foot.
ing Of the most favored mining countries in
the West.
We read that ''iherc is time and tide"
that, taken ut tho food, leads on to fortune.
That
THE TINE TO INVEST
In Montana has arrived, we are certain, and
il taken advantage of by our Eastern capi.
,slsts no,e, will ~ surely lead On to for
'une," Is any human reasoning from the
past could indicate.
Since the early construction of these lines
of railroads hss Income sccr'si"ty. property
Of al kinds his commenced 10 advance, and
will undoubtedly continue 10 do 81 until the
railroads are completed, when the rush of
emigration will commence. which will en-.
hs"ce the value Of property many fold.
We instance Colorado -pariicu larly Dem
ver. Col.-where property Immediately pre-
viOus 10 the construction Of the railroad wus
held ut nominal figure. which, since, has
advanced full five hundred per cent. II
will he 50 with Montana in some, If not In
all industries.
We are led to make these remarks in jus
,ice 10 this Territory, At tI,s time. from the
fact that there arc gentleman now in the
East from Montana, seeking to enlis. the sid
Of capital for the development of mining
property, and for other purposes.
Mr.. L. 8. Peck, spioneer resident of Mon
lana, ami the owner Of upward Of twenty
thousand feet, an different lodcs, of the
richest gold aud silver mining claims in the
Territory, is now in New York, to secure
The necessary capital for the erection Of mills,
and the further development of this immense
property.
These lodes are nearly all located In Mad.
ison county, sn,ne Of which are near Viz.
ginia City, the capital Of the Territory !;
their reputation Is we'll established by assays,
tests. ETC., some Of which will run as high
a 81, 400 per ton. Mr.. Peck is gentleman
well, and favorably known in Montana, aud
comes 10 this city fu ly indorsed BY the
highest officials, and some Of the Lest men
in the Territory; his titles 10 The property
were secured under the Territorial laws; !;
yet, according 10 Act Of Congress. May 1871,
requiring . certain amount Of develOpmen,
on property within limited time. Mr.. Peck
proposes to offer capitalists an unusul op.
portuni,y. 10 take hold with him at . nom.
inal figure-''on the ground hoor"-to make
the proper Developments. We consider
this Nh unusually good opportunity for in.
veStlncNt