The semi-weekly miner. [volume] (Butte, Mont.) 1882-1886, 1882-04-26

The st. Louis Cbws,neroinl 1n.e,,. n,
APs1I 9TH contained the followinr verv
interesting information concerninx the
HOPE mining property, which n locstejl
q fhiitpeburg, in this Territory: The
nope Mining Company, Of 81 Louis.
has declared second dividend Of 81 .6
per snare, making 81, 900 since the 6rnl
OF January, and hes 10000 In the treas.
ury. The capital Of this comnanv +
S,UO shares Of $50 each, or 800. .dOO. Its
property cOnsists Of about forty c]aim1
ID montana, covering IN entire moun.
ta1n. These grounds are inexhaustible
The orc is free milling, and that worked
at present mills so. One Of their pros
pects has developed an immense
amount Of 80 ore, held in reserve fol
large milling facilities. Only ten stamn1
are now used. The COMPANY has or
dered one Of the largest-sised Thom ron
eolver1xeD. The output now II only
limited by their milling capacity. It &
believed this property will prove su0th-
er Ontario, and II Ocked in New York
the stock would be In request at 81 .OOO.-
w. instead Of going 1t par, - It does in
The growth Of the new mining town
OF Maiden IL . matter Of marvel. A
gentleman recently from there Informs
us there are six or eight stores now in
full blast and saloons without limit a.
most. Mr.. O'Toole, from Fl. Keoeh.
recently arrived with sixteen wagon
loads of goods and has opened IN extern
stve store, carrying . line Of general
merchandise. Mr.. O'Toole is an old
timer In the West, and knows 70 . dot
the wants Of Western people. He has
manifested an enterprfsing spirit and
deserves success. Large numbers OF
pilgrims and Black Hilb miners are ar
riving daily, and it cannot be long until
Maiden h booming town. It might
be said that the town 10 now three miles
long, extending from Meadow 4 Dex-
ter's mill to Maiden gulch, but the prin-
cipal business point II near the head at
the gulch. A wagon road has been made
into tho camp and excepting the last
two miles the road n in very fair con-
dition. Benton II the principal supply
point Of the camp, being Juss than 100
miles distant, while Miles City and
Glendive are almost twice - far over .
trail instead Of . road. A. . conse-
quence Benton will enjoy . big patron
sge from Aaiden and points adjacent
this season.-Rjcer Pres, l9kk.
w. ID. knight, Of the Yellowstone
Journal, who recently returned from
Maginnis to Miles City, gi.es . glowing
account of the new mining district. He
states that the placer diggings are 1t
work every day and will run 80 TO the
man In gold. Most Of the quarts mines
are silver but Of . very hi9h grade,
averaging from q, 900 to $40 to the
ton and free milling. The gold quarts
have not opened very extensively yet
but enough to know their true value
The best developed mines are the Chollar
and Montana, both Of which now heve
over $4,000 on the dump awpitinG
machinery. The principal town h
Maiden, situated 1t the head Of Warm
spring creek, about four miles from
Fort Uaginnis, and town lots have I'd
vsnced In value from 80 to 81, 500 With
In the past two or three weeks. There
u 0w in this place about 100 bustnesl
houses and enough Of saloons and othel
things usually found on the frontier fol
q city Of 70, ,OOO in the Fast. They have
one good hotel over 100 feet long and
this with all others 10 crowded. Car
penters get 8 per day, minen > and =
and common lahOrers - per day. Al
Anders0nville there II . large saw mill
lust three miles down the 9u)ch and
orders enough are now In sufficient t.
start another st. Paul or Minneapolis.