Fergus County argus. [volume] (Lewistown, Mont.) 1886-1946, 1890-08-07

The natural advantages Oh the ioWh
are its water power. coal mines,
auarries and inexhaustible forests.
The water power OF Big Spring creek
has never been utilized To any extent,
though before snow lilies there will he
in the town a Touring mill OF daily |
capacity of 80 bbls. OF flour. which. |
besides be.. & II capital investment Tor
Messrs. Stiles Il Johnson. the builders,
will he n great advantage to the town,
as well As to the ranchmen OF the
county. Mr.. Stiles, who visited the
! town and county last June, rs i'iliy
satisfied that the opening for IA Hour
ing mill is very encouraging. and he at
once decided to build mill. He says
the power afforded by Big Sprinscreek
| is ample to run dozen such mills a.
they will erect, while available mil
sites are numerous Add to this the
fact that expensive dams are not nee
essary and the fall oi the 81 ream being
so great that only short raceways are
necessary to utilize the water. The
main body Of the water rises about
six miles above town and is rs con
stant i'm it's flow as it is possible for
any stream to he. DrOughts do not
perceptibly affect the body OF water
and ireshets do not cause the stream
, to overflow it's banks. Besides this 1t
= never freezes, even i'm the coolest
weather. In view OF these facts it
requires no great stretch OF the imag-
r nation to picture I.ewistown IN the
D not distant future as the Lowell oil
e Montana Along the stream for many
1 miles are broad and fertile bottom
l lands. above which are fine leve
e benches which, with water, would pro
i duce thousands OF bushels OF grain
4 annually.
G About three miles above the tow
!. are the coal mines owned by Georg'
y Nv. Hunter, the Baker Bros. and d.
!, shank, all of which, even in their par
Y TALLY developed condition, produce I
o good quality of coal Old coal miner
II say the deposit is practically mex
'e haustible, and that the quality vii
d constantly improve as developed. tn
Il supply of wood for fuel and lumber
t. OF easy access and abundant. TIL
al finest of building lock can be had clos
Is by.
~ The following is partial list OF tn
tx new buildings built or to be built duI
t. ing the present summer: Court hous'
e, to cost $4,000, three stories, brlcl
Id two-story brick store by W. W. i
20 Witt, 25x9O; two-stOry residences b
re Il. W. Cook and Jos. Masallon; res
H. dences by W. II. Kelly, r. +. Smitl
IN l.. Barber; two-story residence by [
TX NJ. stafford; two story stone residen'
nj by Laux Bros; residences 10y Thomi
iy J. Gregory, Il. +. Gudgeil, ID. j. Kan
ut q. A. Reeder; other buildings by ID.
lie Crowley, X. W. Noble. W. II. Culve
he d. j. Kane Il Co., X. Won Tobel. .Il
- NJ sullivan; two-story shop and II,
mt niture rooms 10y Messrs. shaw III
up Roberts.
v" BUSINESS HOUSES.
The Bank of Fergus County WAS
~ tabli-hed in 1857 with u capital
$50. 600. with :. :. Hobson "a pre-
dent II. e. Power vice. president and
II. Moe cashier. The bank was open
for business on the 22d day Of Jun
1857. Al the regular annual meetl
~; in January, $50, it was found nee
-. sary To increase the capital stock
SlOO. 900. the additional amount
ing subscribed ut once, IN Tact the -
cess of the undertaking had been
marked that long before the step "
taken men of means had spoken
a., amounts largely in excess of the I
lditional issue OF stock, and cOnsid
able difficulty was experienced IN mi
~, ing an equitab and satisfactory ,
:, trilttion. The bank numbers am'
its stockholders many of the veal
lest and most substantial men IN
state, while Mr. Moe, rs an able Il
conservative iinancier, has no super
.oo i'm Montana. The success Of the b'
an ness can best be shown 10y II comp
ison between their first and last sta
ments. In January, 1SSS, after
months operation, their resoui
amounted to Sl6l ,632 80, OF wi
ssh POI IA was loans and discoul
H.. Their liabilities were: Stock, $500
Al undivided profits, S5.549.O3; del
- it's. SIO6. OS3 81. Their last ST
- ment at the close OF business Mond
yl July =. 1890, is as follows:
II. j. RESOURCES.
and Loans and discounts, etc.......s2i. 80:
dis Real - y
Due from banks..................... ~ ~
'rUh Cash --'"'
cue" s3Io,7G
ii in ,,, ms.
auti- s,o.o,
Capital stock........ i"''oo
shtiy surplus ~ Vv
bOve Undivided proiits.................. y
..,, io'.tt
'o''S Notes redscounted............ '",o"
'e for -.
Justly
hich. In the general merchah"'se ''''e
O are Power & Bro. commenced bus
and here i'm ISS3, since which time
mber have been increasing their stock
seq in amount and variety until now
ended occupy two stores one LOT groc'
4 l.
and ETC., and one Tor dry sooos, oe
l,,,l.l;,,, frba