STW stands for Shooting Times Westerner.
The original wildcat of this series was designed by Shooting Times gun magazine write Layne Simpson. It was the 7 STW, which was developed by simply necking the 8mm Rem Mag case down to 7mm, and called the 7 STW in honor of the magazine for which he writes.
A guy in Texas has taken the .257 STW and called it the 257 FERGUSON Hot Tamale. He gets 4,000 fps with a 100 grain .257 bullet and it shoots flat out to 400 yards or so!
Check this out:
http://www.gunhuntermag.com/Features/030818Tamale.htmlThe 8mm Rem Mag was wildcatted down to .308 by someone a few years ago, but it's basically a .300 Weatherby Magnum by another name. It is, however, more inherently accurate than the .300 Weatherby. Custom rifle maker Kenny Jarret, who built the first 7 STW rifle for Layne Simpson, has also wildcatted the 8mm Rem Mag casing for an interesting line of proprietary wildcats. The .300 Jarret is his favorite and he claims it is more inherently accurate than the other full length .300 magnums, based on his work as a custom rifle builder who is responsibile for load development on custom guns.
Before that the 8mm Rem Mag case was wildcatted up to .375 by gun writer Jon R. Sundra and called the .375 JRS.
The neck downs seem to have been more popular than the neck ups of this caliber.