, 1890-05-20
ARE IN SIGHT
Cheyenne Agents kegoti ating for
Smelter Plants.
Over $50 Cars of Ore a Week
Passes Cheyenne.
The Iron investigating Committee
at Pueblo.

Theo. Menges, vice president of the
Real Estate Exchange, is in correspond
ence with the manager Of the Star Ma
| chine Works Of Kokomo. Ind who writes
that he desires to establish here a branch.
He will invest $50. 900 and manufacture
mining and saw mill machinery. This
man seems in earnest. He wants to ne
gotiate on a business basis, says plainly
that he is looking for an opening and asks
pointed questions. His inquiries have
been answered at length. No effort was
spared to furnish him with reliable data.
In reply it was shown pretty conclusively
hat CHEYENNE offered him inducements
that few other places could hold out. No
decision has been announced BY the koko-
mo manager but his last letter was in a
most encouraging vein. He says that
Cheyenne appears to invite him and that
he will probably visit the place before
June |.
C.G. Coutant, an emisaIy OF the Board
OF Trade and Real Estate Exchange. will
be here before the week is out with the
president and several directors of one OF
the greatest gold, silver and copper smelt-
ing and refining companies in the world.
1t is the firm belief of many leading men
of Cheyenne that the company will place
a branch here. 1t has but to be demon
strated to them that the enterprise would
be a paying one and If they are open to
conviction this car be accomplished with
ease.
In this connection THE LEADER here
with submits for the use and considera-
ton of those active in the work of secur-
ing a smelter a statement OF fact that
cannot but have its weight:
During the weekicommencing May 10
and ending May IT, there reached Chey-
enne over the Union Pacific from the
west 1853 cars of ore. The figures can be
verified. About half was consigned at
Montana points, tie other nalf was from
California, Idaho, Utah and Nevada.
Half this ore goes to Denver and Pue-
bio for reduction, the rest to Omaha,
Aurora, ILL.,, New Jersey and a suburb of
Baltimore. Its treatment requires the
employment of thousands of men.
Now with such a smelter here as the
men MIR. Coutant will bring, a large mum
Der of these 1853 cars would be billed to
Cheyenne instead of eastern and
southern points. A low estimate makes
the number Of tons of ore sent through
the city every week 1880. A smelter Of
grand proportions would be kept in oper
alton night and day treating one fourth OF
this amount.
There isn't the slightest dangerof DIS
elimination against this place in the mat
ter of railway rates. Inter state regula-
tons ~stipulate that no higher tariff
shall be levied to an intermediate
point than to a terminal. But Cheyenne
will not be required to petition. for an en-
forcemcnt of the long and short haul
clauses. One of the most potential Off
Gals of the system said when here ten
days ago: 1T is a claim that the Union
Pacific has no pet town, but if there is
any n place in its good graces it looks
very much to me as though Cheyenne
was the favored city"
The iron outlook is full of promise.
Only yesterday a definite proposition was
received from a steel aad nail manufactur-
ing company lately stricken with a long
ing to set up a western branch at this
place. They say: IF the town will give
us a bonus of SIS, 900 and citizens sub
scribe $50, 900 to a capitalization of $780,
600, we will place a plant in Cheyenne if
the location is favorable. We must first
convince ourselves that Cheyenne is a
proper place for such an industry. We
believe it offers inducements"
1t Is now certain that the extensive de-
posts Of rich iron ore at Hartville will be
tapped BY a Cheyenne & Northern spur
within sixty days. This announcement is
made on the authority of no less a per
sonage than President Adams of the
Union Pacific.
Messrs. Baird and Parshall of the iron
investigating committee will meet at
Pueblo tomorrow and make a careful ex-
animation of the mills at that place, re-
porting to the Board of Trade and Real
Estate exchange. Rev. DR.. Rafter goes
with Mr.. Parshall, they leaving this
morning. DR.. Rafter will be a valuable
member of the committee. He spent ten
years at YOUNGSTOWN, Pa, aud at Cambria
gained a thorough knowledge of iron
working.
1t Is regretted that the names of two
concerns referred to without title above
can not be given. They are withheld for
very excellent reasons. Cheyenne, by
liberal advertisement of her matchless re-
sources, has arrested the attention of
these IN mpanies apd oba olono . ....I-,