, 1881-02-11
NEW INDUSTRY.
PUGET SOUND IRON ALREADY IN THE
MARKET.
Bright Prospects Ahead.

The old story that, "he whomakes
TWO blades of grass grow where but
one grew before is bene!actor to
his country" was based upon case
parallel to that Of the fortunate in
diyiIual who discovers how to profit.
ably utilize any dormant wealth OF
whatever kind, For years it was
known that bog iron ore existed IN
the Chimacum valley in this county,
in abundance, though little atten-
ton was paid to the matter until in
May 1879, when the attention Of
Merssrs. II. L. Blanchard, f., l., Can
by, James Jones and ). lladlock, Of
this place, was enlisted, and their in.
yestigations and tests of the ore re-
suited in the bonding of the land
and afterwards the Incorporating of
themselves into a company, on tie
2Sth Of July following, for the man
ufacture of Iron. The services Of
Mr.. ID. w. Moor, a practical iron
manufacturer, then employed at Port
Gamble, were soon secured for the
purpose OF securing the investment
Of sufficient capital, and conducting
the infant enterprise to successful
action. Tests of the ore were made
by some fifteen different experts in
various portions Of the United
States, and all but one gave most
fattering reports. Mr.. Moor was so
thoroughly convinced that the mine
would prove valuable property, that
he at once threw his undivided en-
ergies into the enterprise. Being
very careful, practical man, he was
largely instrumental in securing the
attention Of San Francisco capitalists
and their subsequent investments
that foated the stock and started &C.
tive operations last summer.
Mr.. Moor had carefully estimated
the cost of producing pig iron from
this ore, and declared that the whole
cost of putting up works, subsidiz'
ing owners Of the land and starting
the furnace with goodly supply Of
fuel and all necessary outfitting,
would come within thirty thousand
dollars. This was looked upon as
being astonishingly low, as compared
with other enterprises Of the kind
elsewhere, and the capitalists who
invested did so with the expectation
of having to "pony up" literally af
terwards in assessments. Ir. Moor,
however, from general agent, became
superintendent of the mine, succeed.
ing Mr.. Hadlock, and Immediately
entered upon his duties. By being
economical, and taking advantage Of
the favorable location of the ore
beds, he succeeded in demonstrating
that his estimate was correct. 1t
was deemed advantageous to bond
and lease the Texada iron mine in
British Columbia, and use the hard
ore from that vicinity in connection
with the bog ore here, so an increase
was made in the expenses originally
contemplated in the estimate, and
assessments have resulted, but the
cost of producing pig iron from this
mine has been substantially as esti-
mated by Mr.. Moor-which, we be
lieve falls below the expense of
starting any similar enterprise going,
that ever was started, as far as heard
from. BY the enterprise, business
tact and tenacity of the originators
of this industry, we now have
PUGET SOUND PIG IRON
In the market--the first ever pro.
duced in this territory, and the only
smelling works on the coast except
tho Oswego furnace in Oregon and
the one at Clipper Gap, California.
The total expense of the company
thus far, including that involved in
, working the Texada mine, has been
about $4,000 They we're enabled