The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1898-04-13

Charles K. Jenner. who has just returned
20 Seat,ls from q trip to Waxhington City.
stated yesterday that while in the national
capital he had secured the right-of-way
through the forest reserve for the Sultan
Valley railway. work upon which viii
be commenced In the near future and
pushed 70 completion as fast as men ana
money can bring about that result. The
Sultan Valley railway is designed TO meet
the needs Of the mining districts that it
will tap and particularly the IS. mine. .
number OF the heavy stockholders Of
which are interested In the road.
Prior to the wash-put of the Everett
and Monte Cristo road the 49, mine had
q contract with the railroad to deliver ore
from the silverton group to the smeiser
at Everett. The road was TO take the ore
from the end Of the company's sramway.
which was In course Of construction, .
short run Of which from the min to the
Offices was in operation. ana the long run
Of $40 feet nearly completed.
All that remained TO be done was to at
tach the buckets TO the cable. matter g
only q couple Of .days-xork. This work
was to have been started November Is.
November II the waahout occurred and
the Everett and Monte Cristo was wreck
ed for miles Then the announcement fol-
lowed that the road would not be rebuilt.
Development work had progressed so far
that the properties In the Siiverton dis
trict were no longer considered prospects.
but mines. and this view was held by the
Eastern stockholders OF the "45 who arenow
heavily backing the new enterprise. With
the mine in shape TO operate and 1000 tons
OF ore on the. dump and no connection for
delivery at the smelter. the logical con-
clusion Of the stockholders was that II
they wanted q railroad they must build il.
Surveys were made down the Sultan val
ley. one leading to possible connection
with the Great Northern ard another TO
connect with the Seattle and International.
An ultimate decision az TO which route
win be followed has no. yet been reached,
consideration as to . large timber belt
that has not been touched by the timber
men entering into the calculations of the
projectors.
When the flood came that washed out
the Everett and Monte Crisio, there was
no use OF completing tie hanging OF the
buckets on the tramway and the con-
tractor. Andrew Jackson. stopped work.
The ore on the dump remained undeliver-
while the mine superintendent said that
he could take out 40 tons Of ore per day,
the fun capacity of the tramway.
The Incorporation OF the Sultan Valley
Railway Company took place In January
last. the capitalization being $1,000. 600
The intention is to build standard gauge
road. the cars of which can be transferred
70 any possible connection. The building
of the Sultan Valley road will have a pro-
nounced effect upon values OF all Western
Washington mining properties and par
ticularly those of the Silverton district
1t Is maintained by the people interested
in the As that In sixty days after 6 re-
sumption of operations dividend will be
declared. The nattering prospects in the
Silverton district were not overlooked by
the enemies OF the stockholders, who, II Is
said. sought to run down values. particu-
larry rs" by the statement that its credit
was bad and that the whole proposition
was In n shaky condition. A sale Of a
small block OF its treasury stock put all
such statements to flight and while II has
been months since any work was done all
OF Its DEBTS nave Dten PAID ana there IL
a good working balance to It's credit In
the bank.
The right-of-way was secured under the
act OF March .. 1877 and is concession
so feet wide. Mr.. Jenrer says that In his
belief Siiver;on district will prove as rich
as RossIand So much attention Is at
presen: given 70 mining that the rush to
the placer diggings of the North will
sooner or later benefit quartz and lode min
Ing in Washington toward which attention
will be drawn in the search for con-
seryasive mining speculation.
II is now rumored thar the Everett and
Monte Cris,o stock has been transferred to
another company and that the road will
be rebuilt. Mr.. Jenner was asked IL such
was the case and what its effects would
he. IL true upon the Sultan Valley road.
He replied that he knew nothing of a new
company. nor whether the Everett and
Monte Cr:sto would he rebuilt. Should IL
be true. the contract. drawn for A year,
for delivery Of Snverton ore at the smei,er
would hold good FOR that time. Il was his
impression. however, that the heavy
stockholders In the '.4s'' would carry out
their plan OF building their own road
The reason assigned for the attempt 70
run down "is' stock was that the Rookie
Teller interests III the siistric; and in the
Everett and Monte Crista road desired 10
xar,.re the property, thinking that the