The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1893-03-31
A GREAT ENTERPRISE
The Work Being Done in the
Monte CristO District.
ACTIVE DEVELOPMENT GOING ON
About 5000, 900 Invested Already,
and 1000 Tons Of Ore DAILY e
BE shipped This Summer.

Mr. Edward Blewett has Just returned from
New York, whittier he went In connection with
his extensive mining interests. Mr.. BleWett Is
one OF the largest property owners in this city,
and he 10 deeply interested in it, prosperity.
81 look forward" he said yesterday. ''to the
most important developments OF the mineral re-
sources OF this part OF the state within very
short time" In reply to questions, he said: II
have not parted with any holdings In the Will
mans group, the Pearsall group or the Pearsall-
Blake group OF mines which have with Messrs.
Wilmans, Hunt and Henry. The development
work is continuing, and results get better all
the time. Lpref.r to say little a. to these mines;
they will speak for themselves, and am not
seeking TO sell any interest. The New York syn
dictate has bought part of my interest and other
large interests in the Monte Cristo group. whose
principal mines arc the Pride of the Mountain,
Monte Cristo and Rainey.
''There il no d ficu!ty in placing the stock OF
the Monte Cristo company. 1t has market
value In New York. The stock II now held BY
Mr.. l. 8. J. Hunt, who 10 the largest single
stockholder, and by Messrs. Wilmans Brothers,
Charles l. Colby. Joseph Colby, Colgate Hoyt.
Colgate, Bartlett, Charles w. Wetmore, E. j.
Barney, OF Dayton, O.: Stokes and l. II. Ser
wants, the treasurer of the Standard Oil Com
pany. They have spent about $4,000 900 on the
mines. railroad and other work incidental to
their development.
4u0 SHELTER WILL BOOu % uulSueus ~ - "a.
pected that the railroad to the mines will b
open by July l. There is q large quantity of
ore on the dumps. and they expect to ship 1000
tons OF ore day before the close of snmmer.
The syndicate regards these mines a. .
purely business matter. There 10 moth
ing speculative about them. and they are
spending money literally for the indus
trial development Of assured resources.
The work already dole places the result beyond
all question, and the advantages which will
accrue to Seattle by the consequent business
will be greater than most people have any con-
ceptton Of"
In reply to question a. to the special object
Of his recent trip East, Mr.. Blewett said: "Mr.
l. 8. j. Hunt. Mr.. F. W. wilmans and myself
were called to New York to confer with the syn
dictate above mentioned, which is without
doubt one Of the wealthiest syndicates ever Or
ganised in this country. regarding certain de-
tails in connection with the operation of the
mines. Mr. Hunt and Mr.. Wilmans remained in
New York to make final arrangements. They
expect to return to Seattle within a month or
six wecka 1t is gratifying to observe" contin-
ued MI. Bewett, ''the keen interest that 10
taken in New York in this great enterprise.
More 10 known about the wonderful mineral
resources of the Monte Cristo district there
than here. The people of Western Washington
do not realise a. yet the wealth of natural re-
sources that are in process OF development"