Fergus County argus. [volume] (Lewistown, Mont.) 1886-1946, 1903-06-24
Much Gold From Alaska.

Much Gold From Alaska.
Dawson. June 20.-From $4,000, 900
to IS, 000, 900 more gold dust will be
taken from the Klondike this season
than last, according to estimates OF
officials, mine owners and bank man
ayers.
Returns so far are turning out par
ticularly well, and on some of the
branches of the older creeks, Ell Do
RADIO and Bonanza and Hunker, the
claims are being made to yield more
than ever before.
Duncan creek is turning out a sec
ond Ell Dorado, and a couple of mil
lion of dollars will come from there
alone before the Glen up season is at
an end.
Duncan is the best of all the new
camps and lots in the new townsite
are selling at prices previously un-
heard of in a new locality in the
north.
The banks are taking in large
amounts of gold daily and very large
drafts are being transferred outside.
Steamers starting for up-river points
att III tlOWutu LIN IL 10 tiou6nt Tia
between 1900 and 1000 people will
leave for the outside cities before the
end OF the month.
Travel outward promises to be far
heavier than last year.
Organize New Company.
C. E. Damours, of Virginia City,
was in Butte last week for the purpose
of taking the preliminary steps to-
wards organizing what is to be known
as the Damours Mining company,
which is to be composed of Montana,
Boston and Springfield, ILL.,, capital
lists. The company is to be capitaliz-
ed at $1,000, 900. The property 1t in
tends to develop consists of the Bry-
son claim, which adjoins the Kear-
sarge; the Damours adjoining the Orc
Cache and Lucas, and the Ptomey, ad-
joining the Damours. The latter claim
is owned by Mr.. Damours, but it Is
to be placed among the assets of the
company under a transfer from the
owner to the company. AS o as
the organization is complete and the
| 6iounu uCollCu 10 oCtulCu WOlh Will
be commenced on the Ptomey. II Is
the intention of the corporation to
drive a tunnel on the vein of this
claim and through it explore the ore
body in a manner that will leave no
doubt as to its value.
The property is located in the Sum-
NIT district of Madison county, which
is near the head of Alder gulch. II
Is said that the claims contain q large
vein of free milling ore, the mineral
value Of which is perfectly satisfac-
tory to those who are to lock fortunes
with the proposed corporation.-Inter
Mountain.
Meadows Intentions
P. ". Meadow has been In Maiden
all OF the time since coming to this
county and his business associates say
that he has not given out his exact
purpose for the present visit to Lew.
istown and Maiden. He has some val.
liable lead claims near Maiden and
when he left here expressed the inten.
tion of returning to this place and
resume mining as soon as the railroad
arrives in Lewistown. The railroad
is almost here. and, although he has
not stated as much, it Is most prob
able that he has returned ahead of
time to make arrangements to resume
work on his property.
We hope Il ls True.
Men who are enthusiastic wei the
Alaskan gold fields say that within
a few years that frozen land will be
turning out gold to the value of from
5000, 900, 900 to $500, 000, 900. There are
a great number of Missourians in the
world.
Will Mine In Cascade.
Great Falls, June 23.-Plans that
have been under way for over three
years were materialized yesterday
when there were filed, in the Office OF
the county clerk and recorder, articles
, of incorporation Of a company whose
purpose is to develop mines in this
county, at the head of Pilgrim creek,
about seven miles from Logging creek
station. The ~incorporators, who have
long been interested in the project and
have had much work done In the past
three years, believe the mines are
equal to any ever developed in the
state and are most confident that q