St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1888-06-09
For Their Reduction Tests
Are Favorable and Works
Are to Be Built.
Narrow Gauge Railway--East-
ern Capitalists Are Com
ing to Invest.
Thousands of Dollars Will GO
to the Grand Jubilation
on Fourth Of July.
More Railroads Are Needed to
Prevent Delay From
Waterspouts..
Special to the Globe.

Special to the Globe.
DEADwooD, June THE date has at
length arrived and passed. Stockholders
of the Deadwood Reduction company
have held their annual meeting. OF the
5000 shares of stock issued AGO were
represented. These voted unanimously
for the election to the directory of Har-
ris Franklin, Seth Bullock, George c.
Hickok, Ben Baer, Col. G. w. Carpenter,
j. K. P. Miller and James II. Adams.
At a meeting of the board held subse-
quently Harris Franklin was elected
president: James II. Adams, vice-presi-
dent; George G. Hickok. secretary
and treasurer; Prof. r. d. Clark,
superintendent, and an executive
committee consisting of G. w.
Carpenter. Ben Baer and Seth Bullock
appointed. If any reason for delaying
work on the plant had before existed,
the new board has already demon
strated it no longer obtains. Surveys
were made of the ground Tuesday, and
grading the site for the building is
now nearly completed. In the mean
while bids, to be opened on June 5, have
been invited for furnishing $4,000
brick, of which the foundation will be
built. Prof. Clark will at once 60 to
Chicago and thence to New York, to
purchase necessary machinery, and
every confidence is entertained that
the works
WILL BE IN OPERATION
by August 1.
In connection with the plant an
other corporation, composed OF
stockholders in the reduction COM
pany, has been organized for the
purpose of building narrow gauge rail
way lines to connect the principal
mines with the reduction works.
The incorporates all stand well in
commercial circles: all of them, with
the exception of Banker Hickok, are
old timers in the Hills, who have carved
their own fortunes, and in every under
taking previously handled proved
themselves straightforward, honest,
Woodworking and successful
MEN OF BUSINESS.
Mr.. HickOk, comparatively recent
arrival, came here about two years since
| to found the Deadwood National bank,
of which he is the present cashier and
head. By close attention to business,
uniform affabllity and courtesy, and by
a rare intuitive knowledge of men, he
has within the time built up very
handsome clientele, and now manages
| the affairs of one of the most solid bank
| ing institutions in this part of the terri
| tory. Each member of the board is also
| largely interested in Bald Mountain and
| Ruby Basin mines, and there is there
| fore no danger of offense in stating that
| a more satisfactory organization could
not have been effected. Nevertheless,
there are one or two malcontents, and it
must be written as curious paradox,
| that this fact is likely to at once inure
largely to the general and material well
| fare of the country. AS your CORE
spondent has already stated, the
DEADwOOD PLANT
will have an original capacity for treat
ing fifty tons of ore per day. The mines
can readily furnish ten times the
amount. 1t has been announced that
the present corporation would, there
fore, increase the size of its works be:
fore many months rolled over. This will
yet be done, but in the meantime an
other strong organization was formed
which proposes building large plant
in the heart of the mining district, and
operating it upon the same principles
governing the Deadwood works, and
under the patent belonging to the home
corporation. For the use of the latter a
royalty will of course be paid, and the
movement will. therefore, prove directly
beneficial not only to the proprietors
and mine owners of Bald Mountain, but
also to the stockholders in the local
company. The new corporation viii
include in the list of its larges,
beers Judge q. C. Moody, attor
ney for the Homestake; Superintendent
Il. j. Grier, of the same company, and
Ernest May, Esq, one of the most sue
cessful grOcers of Lead City, or of the
Black Hills. One Or two of the stronger
mining corporations owning property
in the district will likewise be heavy
subscribers to the capital stock. This
is the first of
MANY SIMILAR PLANTS
other than that in Deadwood, upor
which work is expected to begin during
the summer. AS may be well imagined
the outlook is extremely cheering ane
the aspect of affairs most encouraging
The real estate boom grows apace
and gathers force as it moves along
During the week ending Saturday, the
Goth, deeds filed in the Office of tbt
county register recorded transfers O.
5000 worth of property situated il
this city. The grantees were all East
ern men, from which fact is NATURAL,
deduced that the wonderful resources
of this section OF the Hills and tn,
great future before it are no longer un
known to the moneyed men of the out
side world.
In view of the present prosperity an,
its continual growth it is only natura
that the best. the most exuberant spirit
should prevail, and also that the peopl,
should seek some means of celebrating
A most appropriate day has beel
chosen, and the Fourth of July will
this season be observed with more thai
ordinary pomp and circumstance. A
long ago as the first part of last weel
| did nrenarati0nS begin by the selection