Gold Rush Consolidation in the Peshastin
A newly reorganized mining firm prepares to open a twenty-stamp mill, signaling a massive ramp-up in North Cascades gold extraction.
The story, cleaned up
A cleaned-up reading of the newspaper page: spelling and layout repaired, one story lifted off a crowded page. It follows the original closely but it is not a transcription. The original page is below; read it if a detail matters.
The sale of the Culver Mining Company and the Blewett Investment Company to the Blewett Gold Mining Company was completed yesterday, and the rich mining properties of the first two named companies in the Peshastin district will be operated by the Blewett Gold Mining Company in the future. The company is prepared to operate vigorously and profitably, having built one of the finest gold mills on the Pacific Coast. They will start twenty stamps in about ten days, working from forty to fifty tons of ore every twenty-four hours. J. M. Wilmans, the general manager, notes that the ore is expected to yield $10 to $20 per ton in free gold, adding to the world's wealth.
“It requires capital, energy and labor to get a proposition of this kind to producing, but when it is once in shape it is a splendid business, a benefit to all and a detriment to none.”
The Blewett mining district was once a site of immense speculative boom, drawing thousands to the rugged hills near Leavenworth. Today, the area is largely reclaimed by the forest, serving as a reminder of how quickly the 'wealth of the world' can be extracted and how thoroughly industrial landscapes can vanish from the map.
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