, 1892-03-11
whsrs 9TH. Daily Leader" May be PounI
SOME

Inc DeONeT LNehS COMES 10 US lOAueu
TO the muzzle with a tale of woe. Some
Wisconsin parties in the interest Of
Wyoming have been working" SO to
speak. the unsophisticsted manufacturers
of Denver. The arucle is not as specific
in every respect as could be desired, but il
is nevertheless entertaining. 1t is given
herewith: Circulars bearing the name OF
Attorney Keenan, Of Milwaukee have
been received within the past three months
by every firm connected with iron manu-
featuring in Denver. The circular was
vague IN some respects aud yet inquiry
appeared business like. The circular
stated that a company of Milwaukee iron
men were about to establish iron furnaces
in the Rocky mountain region, and before
beginning operations requested the person
or firm receiving the notice to agree to
buy iron of their production, price and
quality being equal, ; in preference to the
eastern metal. An estimate Of annual
consumption WAS also solicited.
The news now leaks out that the at
torney who conducted the correspondence
represented the Wyoming iron, mining
and transportation company, composed of
northern Michigan and Wisconsin men,
who have had agents operating 10 the
vicinity of Denver for over a year. They
nave learned to a ton how much raw ma
terial and manufactured iron is consumed
in Denver annually and have figured the
prospective demands Of the territory.
They have also entered into contracts
with owners Of the famous iron fields
about $50 miles north of Denver and
about forty miles from Cheyenne and pro-
pose erecting furnaces as SCOT as the
snow leaves the ground. 1t Is alleged
that with the mineral deposits, coal mines
within easy reach. manganese close at
hand. and the possibility OF oil for fuel,
they can undersell the world as far east as
Chicago.
THE negotiations have been conducted
so unobtrusively and with such strategic
skill that the slow moving agents of the
u cbtCi COihlhuN hhNt hiloWcu tUtLu-
selves to be overreached In prospecting
for options on mineral aud coal lands and
the question seriously arises whether the
local corporation has not yielded tho field
to an eastern rivalof somewhat formidable
strength. True enough, the steel COM
pany could work up the pig iron IN blast
furnaces aud mills situated here accord
ing to the first plans, but there would be
a diminution of profits Tor the company
converting the crude iron into marketable
shape. The Milwaukee men men con-
tend that with their improved appliances
and c~ontigu,ty of all required mineral
they will be able to deliver pig in Denver
at sl3 per ton or 80 less bar the whole
sale jobber's price in New York.
Denver will be the distributing point
of the company, which will open Offices
and erect warehouses as soon as plans are
perfected. This city will not have the
distinction of marketing all the product,
for the Pacific coast will be supplied d.
rectly from the furnaces. which are to be
on the Union Pacific. In this way one
half of the output will be handled without
paying tribute. This is the second east
ern syndicate that has secured location in
Wyoming. The soda works will msuu-
facture the bicarbonatc. but orders will
be filled from Denver, the center of
western The iron company
has a capital OF 90, 900, 600"
1t would prove a source of minRled
surprise and chagrin to Denver to dis
cover "a center of western commerce"
springing up about a hundred miles north
of that town.