The Anaconda standard. [volume] (Anaconda, Mont.) 1889-1970, 1899-08-08
A GOOD SHOWING MADE
Many New Claims Have Been
Located.
MORE CAPITAL is NEEDED
Number of Locations in the ST. Regis
Mining District-One Will Run
Very High-A New Com
pany Incorporated.

Missoula, Aug. THE people of Mis-
soula little think of what a great
amount of mining there is being done
in the different districts within a few
miles of the city. There is hardly a
sulch that is not showing up some kind
of quartz and that has not received
some attention from the mining fra
ternity. The Wallace district is still
doing considerable towards making a
showing and each day that work is be-
ing done brings better ore to the sur
face. There are number of new
claims being located each week and the
ore that is found in the new claims is
similar to that found in the mines that
have been worked for some time. Very
little ore is being hauled out from this
district just now owing to the little
development work that the claims have
received. The need of capital is clearly
shown in this district. With abundant
means the owners of some of the best
claims would in a short time make this
district the leading one for that section
of the country. There have been a num-
Der of transfers made of claims to
parties who are in pretty fair circum-
stances to make q good showing of the
claims that have gone into their pos
session, while in other cases where par
ties have been given a big bond on
some of the claims they have done moth
ing with them at the present time.
The number of locations that have
been made in the St. Regis mining dis
trict in the last three months has been
greater than in any district in Western
Montana. Hardly a week passes but
that the county clerk and recorder has
been called upon to record large num-
Der of claims in this district And in
addition to the new claims he has re-
corded number of important trans
fers. The number of claims in the dis
trict at the present time would be a
hard matter to tell, for there has been
at least 10 new locations filed in the last
10 days. 1t has been hard to find out
what the quartz from this district runs.
but it has been said that one of the
claims produced ore that would run
very high in gold Last week witnessed
a transfer Of some of the claims in
this district to parties from the East,
who will introduce Eastern money into
the development of them. The amount
named in the transfer was $1,000, and
the bringing in of this new money
means the development of these claims
on large scale. With the introduction
of Eastern money into the mines and
the lumber industry that is being car
ried on this section of the county will
be one of the best revenue producing
sections in the state.
This week there was recorded in the
office of the county clerk and recorder
the papers of a corporation that will in
time help to make the St. Regis mining
district one of the best. The corpora
ton that Is referred to is the Western
Montana Placer Mining company. The
capital of the company is to be started
at 100000, and if the mines will need
more money the company will increase
its capital. The president of the COM
pany is Charles S. Crysler. resident
of Milwaukee, who has come to Mon
tana to invest some money in the mines
of Western Montana and who will. if
the opportunity presents itself, be the
means of inducing other Eastern par
ties to make some ventures in the mines
in this section of the country. The
company, as its papers say, has for its
purpose the mining, crushing, milling
and the refining of gold and silver ores.
the renting and purchasing of mining
properties, the erection of smelling and
reduction plants, the erection of tram
ways and railways necessary for the
transportation of ores, and one of the
most interesting parts of the papers
says that they will lend money for the
development and equipping of mines.
There are associated with Mr.. Crysler
some Montana gentlemen who will have
the work of the company in hand. This
week has seen number of claims and
water right locations transferred into
its possession, and will from time to
time add such claims as they may see
fit to those already theirs.
L. F. Keim, who has a fine piece of
property in the St. Regis district, is said
to have transferred it to some parties
for a good round sum. Mr.. Keim is in
deed fortunate in being the possessor of
this fine piece of property and for be-
ing able to dispose of it at the price
that was received.
District messenger service. phone 104.
The Chicago Bee Hive will give per
cent. of their entire August sales for
the Dewey home fund and the hero of