The semi-weekly miner. [volume] (Butte, Mont.) 1882-1886, 1883-07-18
TIE OTHER SIDE.
A Communication from the Treas
"a urer Of the Montana Gold
Mining and Milling
Company.

upon rom parties II"
miliar with the property. we recently
published an article for the informa-
ton ofseveral inquirers regarding the
value and status of the Montana G.
M. & M. Co. The article has elected
the following reply fromthe treasurer
of the company to which we cheer
fully give place in accordance with
the well known policy Of the MINER
to hold up the hands of every enter
prise in the Territory which seems to
possess a legitimate basis. The Mon
tana G. M. & M. 70. has our best
wishes, that the measures taken to
develop the property may result in an
entirely satisfactory reduction of their
heretofore refractory ores.
CHICAGO, July IL, 1883.
Editor Butte Miner:
DEAR SIR-My attention is called
to a recent article in your paper rela-
tive to the standing and outlook of
the Montana Gold Mining aud Mill
ing Company.
/ am at a loss as to who inspired
the article, but whoever did is labor
ing under a serious error. The in
spiration purports to conne from nu-
merous inquiries from Grant coun-
ty, Wisconsin,. Will say here that
the company has only three stock
holders in the whole State of Wis
consin, and all of these stockholders
know the exact location of the COM
pany's property, its extent and all
abe particulars. It is not true that
large blocks of stock are about to be
70 have been put upon the market in
the East, and no Wisconsin, or other
stakeholder, has any such informa-
ton.
1t is true that the company has a
ten stamp mill and instead of 20
mines has 81 mines and % mill sites.
It is not true that a continuous run
of several months was made by the
mill, previous to November, 1881, or
at any other time. 1t is true that
manager Noel. in October, 1881, en-
ployed one C. B. Miller, q self-styled
practical miner, in Chicago and went
with said Miller to the camp. There
was no refusal to turn over the rum
ming of the mill to Miller.
About three tons of selected ore
were run II day by Miller with a
result as stated.
Miller had charge of affairs from
the Spring Of 1882, till October 1882,
at which time the company was sat
isfied his services were not profitable.
Stock to the amount of about $46,-
900 has been sold up to date, from the
treasury stock for the use Of the COM
pany. In addition to the cost of the
mill, several thousand dollars have
been expended in making roads and
about $4,000 in development of
mines.
It is not true THAT 25 feetlin depth
exhausts the ledge. It is true, how
ever, that the free milling ore in
many instances does not extend very
deep, but at the same time as greater
depth is gained the ore becomes rich
or and somewhat refractory, requiring
something additional to a stamp mill.
All of this has been learned by expe-
rience. The company late last fall
purchased two Frue MANNERS for CON-
co%ntrating purposes at a cost of about
$500. Mr.. Miller, who was then in
charge, insisted that jigs in addition
were necessary. The machinery
could not be put in place last fall and
operations and expense ceased till
this season.
Jigs and classifiers have been pur-
chased and are now on the way to
the mines. As soon as the machin-
cry can be put up there is no doubt
but that the work of reduction will
go on successfully. In addition to
this a smelter is being erected on
Wisconsin creek, near the company's
property, thus furnishing a ready
market for the concentration.
Would respectfully call your at
tention to the comments of the
Mudisonian of July 7th on your ar
ticle.
Knowing your reputation for can
dor and fairness, and being particu-
larly anxious that our stockholders of
Grant county, Wisconsin should be
set right in the matter, [ trust you
will give this a place in your col
ums
In conclusion 1 will say that the
Board of Directors in order to pay for
the jigs and classifiers and for cur
rent expenses till the works started,
did ask the stockholders otake S 5000
worth of stock fer that purpose, but
never offered any stock on the mar
ket to Eastern or other parties. All
the advertising of the sale of stock
has been simply to send a circular to
the stockholders. Yours truly,
w. r. HUBBARD,
Treas. NJ. G. M. & NJ. Co.