Custer weekly chronicle. [volume] (Custer City, S.D.) 1890-1931, 1893-01-28
A BRIGHT FUTURE FOR OUR TIN.

4
The prospects for healthy and long
lived boom in tin were never 30 bright
az they are just now, at the cothmence-
men. OF the year -four Lord 1893. And
the best part fit. is the fact that no.
where In the tin district ara they bright
er than right here In the immediate
vicinity of Custer The Harney Peak
Company, IN proving the existence Of
tin here in the Hills, and in demonstrate
ing its ability to treat 1t, has not only
achieved great triumph for itself, but
has immeasurably benefited every in-
dividual Who has his name and notice
tackled over a tin prospect. Tin stock
is on the rise, with no indications OF =
future decline. Every tin claim is Civ
en- a market value once more; capital Is
already moving this way. and every
miner and prospectof, who years ago
pinned his faith to the black metal and
its future, is confident that the reward
OF his coustancy, and the realization Of
his Expectations, is even now in sight.
|
The symptoms are unmistakable. They
| are. in fact, part Of the boom itself.
The reason why we, who live on this
side Of the divide, are elated. and feel
that we are strictly in it, is as simple
as il is excellent. II is because we have
within radius OF ten miles, properties
that will prove to he richer In tin than
any mines now being worked in any
part Of the world. While most Of these
properties have not been developed TO
any great extent, the statements we
have made concerning them are sub
stantiatsd by the opinions OF experts;
by the ore itself which is freely exhibit
ed, and careful and thorough tests that
have been made from time to time.
The largest number Of these claims are
held by men who, while confident of
their valne, have neither the means nor
disposition to develop them extensively
and make producers OF them. They are
for sale. and market for them has been
created by the success Of company
whose movements have been watched
with keen interest from every part Of
the mining and commercial worlds.
Several months ago, when il became
known that the Harney Peak Company
would build its first mill in Penning on
county, and there make the decisive
tests. the people Of Custer realised that
there was season of waiting before
them. However, they were sustained
and encouraged by the positive knowl-
edge that when all doubts were settled
and the tin industry was fairly establish
ed. Custer and Custer tin would move
right along, and eventually lead the
procession.
The first stages Of the development Of
a new industry are necessarily tedious.
One man, or company Of men. makes
tho venture. Money is invested with
out certainty ofreturn. and the invest
or rs wisely cautious. Other men with
capital are watching. and when the sue
cess of the enterprise Is assured, they
hIc tOo W thV V&ah
PIE of the one who took the lead. Such
has been the history of the tin industry
in the Hills. Up to the present time one
company had done all the vsnturing. all
the investing on large scale. But it
was hardly known that the mill was
working smoothly, and that the ore Mas
proving verv rich, before the represent
stives OF eastern capital were on hand.
for the purpose cf cfinvesticating the re-
ports sent ont. and ready to purchase II
they proved reliable. The period Of
passiveness il past and the future will
be all the more active because Of the
dormancy that preceded it. One sale at
a high figure Was made few weeks ago
and any number ofthem are now on the
tapis.
II is only reasonable TO suppose that
the Harvey Peak Company will imme-
distely proceed TO extensively develop |
its properties in this portion Of the dis |
trict; that It will open mines and put !
up mills and make additional invest |
ments here in the locality where the
metal it has championed is 40 plentiful.
But whether IL does or not il no longer
matter of vital concern to our people
The one company cannot long be the |
sole occupant Of the field. What it does
not buy, other companies will, and the |
opportunities which 1t does not improve
will be eagerly seized by the competi-
tors which its own success has created.
The individual owners of tin property |
who can show good prospects. and who
are not unreasonable in their demands.
will in all probability find liberal mar
ket before the next six months have
passed. As we have already observed
Custer tin is all right. and even now 10
eagerly sought aftcr. five we're to ven- |
ture to give the man who owns a tin
claim, bit OF advice, it would be to this
effect: Don't give bond or option with
out some ,nonsv down. and when bona
fide purchaser does approach you, don't
c,csa M like clam and ask two or three
prices for your property. II isn't busi-
ness, and It won't pay.
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