The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1895-12-06
TT Is A SURE BOOM
1. O. MAGRUDER OF OKLAHOMA
TALKS ABOUT CRIPPLE CREEK.

Only Six Months Ago the Town was To
Dead 10 Skin, bat Now Every Block !
Alive with Business People are Crowd
Ing in and the Fame of the Wonderful
Gold Finds is spreading-Hsrd Time t.
Find Places to Sleep-Irzins Coming II
are Crowded-Some of the scenes in tn
Vests Latest Mining Wonder.
Cripple Creek, Colo, Dec ESPECIAL
| The wonderful development and
growth Of cities in Kansas and Okla
hoqna is an old story with many read
ers Of the Eagle; but the best story %
rapid growth Of towns fades before thai
Of Cripple Creek-''ti1e grea test gold
camp in the world In 1s93-94 the town
was dead, nearly everybody who could
| left it. Six months ago 1t still slumber-
ed. Today il is a city of more than ten
thousand with electric lights, water
works, ETC.. elegant store buildings and
handsome houses. Six months ago you
/ might have had your pick of the claims
on Gold or Mineral Hill for song, to-
day they cannot be bought for less than
from $4,000 to 100000 each.
There was never such a boom known
10 a people. Travel is so great that
special trains have been put on all the
roads and people are pouring in in such
quantities that houses cannot be built
fast enough 10 accommodate them.
Rooms are hard to get at from SO to So
a week, and this. too. without fire. Peo-
| pie are glad to pay % cents for a chair
to sleep in in hotel lobby or saloon.
/ and many cannot even get that. The
reason for all this rush is in the large
quantities Of gold ore being daily taken
from the hills. Conserva tive estima ties
place the output Of the mines of this
district at 81. zoo, 900 a month, and not
less than si0,O00,000 annually. There is
no vacant lands for miles in every di-
rection; but those who have staked
claims have them for sale and they may
be bought for from 500 to $500 a piece
Many mines have been Staked The
popular custom is to incorporate for ST.
000.0G0 with 100000 shares at par
value of 81 each. These new stocks sell
at first for from 1 to 8 cents a share and
from the sale of these the property-the
mineS-are worked. AS work advances
and ore is taken out, the price of stock
advances and in some cases stocks are
worth s1.02 above par value and hard
to get at that In these cheap stocks
every body is investing. Walters, serv-
ant girls, day laborers, and even the
ladies, put every spare dollar in stocks
and they buy and sell as suits them.
This is truly wonderful camp, and
to live here is quite an experience. The
rough element that one usually expects
to see in such a place, is not here, and
W 1ir1lr
are seven religious denominations
which hold regular services in their
own buildings. Another unexpected
comfort Of the city is a public reading
room and library, maintained by st.
Andrews Episcopal church, where one
may spend his spare time by a warm
stove, and under electric lights with
books and papers or writing material
close at hand, free.
Perhaps the best producing parts Of
the camp are as follows: Battle
Mountain and lands, Parker's Hill,
Gold Hill, Cow Mountain, Tenderfoot
mines on all these and they are ship
ping ore as fast as cars can be supplied.
A. c. MAGRUDER.
FACTS IN THE CASE.
Denver, Colo, Dec 5.-(SpeciaD-
minerologist of New York, is at the
Brown, engaged in preparing careful
and exhaustive report upon the Routt
county placers, which he has recently
examined for Byron z. Shear and H. 3.
Gillespie. Mr.. Maynard is no tender
foot in Colorado, having established in
1860 the first assay office in the terri
tory, and operated in Gilpin county,
where he still has important mining in
terests. Though he has not been a res
ident Of the state for many years he
has been a constant friend of Colorado |
and his enthusiasm increases with ad-
vancing age.
During his recent trip TO the western |
part OF the state he visited Silventon. !
and could not say enough in praise of |
the activity and energy displayed in |,
this great mining center. Said he: II l
visited the mine of Mr.. Stoiber in Silver /
Lake district and could not but be /
struck with the wonderful develop |
ment of this truly great mine. Every |
thing has been put in magnificent !
shape The buildings are all erected in
the most substantial manner, and are
models of convenience. He has 1000 |
feet of trarnway and is preparing to
erect $4,000 feet more, and the improve
ments already made have cost not less
~, ]
has all been taken out Of the mine. 1
regard Silverton as one Of the best To-
callties in the state. and a camp which
has great future before IT,
Il was in Cripple Greek two days. OF
oourse 1 could see enough in that time
10 warrant me in the expression OF a
professional opinion, but can say that
what L did see and learn was marvel
BUS l visited two Of the mines. both |
II them producers. and was struck by
he great activity prevailing in the
amp. The hills are all under prospect,
md II the development OF the past IS
in the future II will be truly a
most wonderful region.
No one can form any conce0tic.1 OF
ne possible output Of this great camp,
md sincerely trust that the effect that
las been produced in the cas-: by the
wonderful discoveries at Cripple Creek
VII not be spoiled by what / cannot
'ut believe is a serious mistake-I mean
he capitalization Of mining companies
Il million dollars. with nothing but a
'arTen prospect hole behind them. I
NOW that there IS good feeling In the
asst and particularly in New York in
egard to mining investments. but the !
majority az the eastern people are IN
bile 10 draw the line between the shares
@-e1'~h -NlsA c~c4lN-ilc a mine ana the |
nine Itself. When they learn that a |
ompany has been organized with a |
million dollars pital. the first thought |
: that X is worth A million dollars:
hen when they See its shares selling al
cent each. the idea presents Itself that
Is worth nothing. and that impress
IN Injuries the legitimate mining bust
ess Of your state.
'Of course many OF these lov-p-fcef
tOcks may become valuable. but the | !
astern mind does not grasp the west