Image provided by: University of Oregon Libraries; Eugene, OR
About The Oregon daily journal. (Portland, Or.) 1902-1972 | View Entire Issue (May 4, 1904)
TUB OREGON DAILY JOURNAL', PORTLAND; -WEDNESDAY EVENING, MAY 4, 1C01 ' Wo Offer Stock In the -A AT 15c PER SHARE UNTIL, MAY 10, 1904 ; , MILL UNDER CONSTRUCTION .St ir-. 'II rrv. vv. v VISIT TO MIS AT GALICE CREEK ' MTSMUPMJMV O-f QUABTB i ' aboyb , txm mux nod t " W1IOX " $10,000,000 ' XV " .PZ-ACBB I SOU) MAM Biff TADOr IIMh xzn xx xjjtaa rmorxmTxxs. v Being desirous of visiting the OtllM -mining district of southern Oregon, your special Journal correspondent recently 'boarded the Southern' Paclflo Pullman ticketed for Merlin, a smell station on the lino of this road nlno miles north of Grants Pass. This point was reached earl next afternoon and the stage taken 'for a lt-mlle trip over tortuous roads to Gallce. rrom this point to the mines the road Is mors rugged, but only what may bo expected front country that fields up tho yellow metal in paying .quantities. A now and better routs out , to tbs railroad is projected and that soon ?t 1 expected that a rood toad " will bo opened to Iceland, shortening the distance about ons half. - ;r : v For many years v Qalloo creek h rylelded placer gold, and from ISM down to the present It Is estimated that Us,. 000.000 have been taken, from this - stream Alone. v - - Mining In this region Is not restricted , to placer development Only In recent years bars attempts been mads to lo- --cate the .quarts Jedges, and About three years ago John F. Wlckham made an 'examination of this- section, tractlng the courss of a ledge for mors than -.19 miles and found one of the three eut-eropplngs that revealed the wealth hidden beneath. Ho realised what the discovery meant and at onoe procured ,by purchase four full claims known as ths Monte Crista, Bonanza, Live .Yankee and Yankee Doodle, embracing In all over f.000 feet of the now famous ledge. A personal Inspection of this mine Is iS j 7i 4 UNCLE SAM, THE MINERAL PRODUCER OF THE WORLD tractlng the ore much mors Inexpen- " Intensely mterestlngto the -Tractlcal miner, es It is without doubt the larg . est ore. body la the sUte, if not in ths entire west. . '' J With these olalffls was formed ths Almeda Mining company, having a capl- .ItallsaUon of $1,000,000, ths officers and laiTa than whsrs shafts must be sunk. directors of which are prominent mining I Rogus river crosses the eouth end of "bu ouameas nwu. r t I this ore body; the shuts or ore extena Since thsse claims were purchased I in fmm th rivr hack into the mouir. . more than 1.1S0 feet of development I tain aids 1,100 feet, (ovsr 1,700 feet of work has neea aone, ana a conservative I which Is proven ground). At which point estimate oi ins ore now oiocaea ou Mi0ver 1,000 feet of depth will be ob- 1,000,000 tonA This may appear un- uined. or an average depth the full necessarily extravagant ; in statement, I length of the ore body of S00 feet. but It is there and shows lor, ltaeir.1 Tunnei No j la located on the ledge Tunnel No. I. about J00 feet In length onf8 Je-t aDove high water mark, and Is the ledge, shows pay ore in every pound D0W i over 4C0 feet, exposing 100 feet , or recx removea. a cross-cm -iei0f gold-copper sulphlds ors which runs nss oees run wunoui enoounienng waits, i from 18.11 to 124 per ton. Tunnel No. 1 Is about 71 feet above the tunnel Is well timbered and the river bed and has been run a dls I equipped with steel rail track, ore car A ' .AA I . . . . ... uuu. Hi, iimuj iv jow v.i-mi. I DiacKsmitn snop at entrance, have been run-at IntervalA showing I .Tunnel No.' 1 Is -1.1(0 f eet. above -Na a great ore body. The ore shows svery-l l, is run In en the vein a distance of where, ana above tunnel no. s, aooui iew i to feet and Is crosscut 70- feet, with feet, la ths mineral cropping. Into which th umi ,Tiiint ahowina- as in No. r 'a short tunnel Is driven 41 feet, exposing U-na Talues contained in ths ore of this 'the same cuss or ore out or lower graaa i tunnel, although not as high as these uuu un xa xaw www wwaouav. I QI NO. 1, Will Still leave A pront OI It 're is a copper, suxpniae, carrying pea or more per ton above mining and treat cock copper with good values In gold, 1 tar expense and is an Ideal proposition. , Jot one I Tn equipment of this tunnel consists loot 01 oeaa wor naeas iv urn uuui mi 0f steel rail track, ors car. Ana a black - everything taken from ths mine Is ore, 1 amtn anoo at entrance. The value.' conservauvely speaking, will Tunnel No. S Is 800 feet above No. I .. average $10 per ton. which would maks an1 u jn on the ledge 45 feet showing $10,000,000 now In sight, with enough on u,, Mma highly mineralised quarts as me oump at mis un supyiy m vw- wnat )g found In the other tunnels. --ton plant for six eaoathA - i- - - In tunnel No. S the ra body Is over --Thia re can be ueated for less than joo feet In width, and where ths river ' $1 a ton, leaving a net profit of $7 per orosses the south end of tho ore shuts " ton. , , ' it has cut through the Iron capping, ex- - xne situation is laeai xor supplying posing the ere body for All feet in power, the Rogue river running dose width. showing that it widens- with to the dump of tunnel No. 1. The rapid depth; the average values of ths ore in fall Is sufficient to generate thousands tunnel No. I run about $7 per ten while of horsepower, rte - company have those In No. 1 run $18 which Is con planned , for much development At an 0ittaTB evidence that the .values are ln- early date, among other things a matting creaaing as depth Is attained. -;plantrby which the ore can tod easily Counting 11 cubio feet to the ton bf J worked. It means to open up this prop- ore, there are over 8,000,000 tons of .ore erty as speedily as possible, and from aoOTe the lower level and It will take ' every standpoint this appears to be a i,o0-ton smelter running steadily 110 -destined to become one of the famous days In the year, 18 years to treat this ; mines of ths west. immense body of ore that Is now practl- ' The Almeda Mining company Is In- caiiy insight. "corporated under the laws of the state Tha company has "entered Into a con--Of Oregon-with A capital stock of $1.- tract with The Improved Mineral Smel-i 000.600 divided into 1,000.000 shares, At ter company for a 1,100-ton smelter. A the oar value of $1 each, fully paid and ioo-tnn furnace will be erected durlns : son-assessable, absolutely no personal the next year, and as the mine Is liability. iMvelonad aufficlent to Justify, the ce- The property owned by trie company paclty of the plant wUl be Increased to Ths success of all In due try depends tipon ths success of mining. The dividends paid by the gold, stiver and copper mines are greater than the dividends paid by all the banks And all the railroads in this country prodlgloma effort of human activity And men of nerve, enterprise, knowledge' and experience, men of broad - and liberal views and loyal to the best Inters u of their country, should feel Impelled by a force stronger than they to realise that ths life of this ' nation depends upon their, active and most Intelligent serv loe. 'And In protecting the interests of all Its, industrial life, upon the products! of our mines must they depend for the solid And substantial foundation upon whloh to build our present and future I sueossav, Tha man wtia miVu a fttrtnna en' ha board of trade, on the stock exchange of I In building up a glgantlo ; business housA adds nothing to ths wealth of I the world's store of available wealth. The world, la other words, is no richer because he is richer. Be is richer rather because some one else Is poorer. Ths I miner, . on the other . band, whether he digs out one dollar or a million- adds that much to the world's wealth, and with this added wealth he contributes I Just that muoh to tho possible Amount of tho world's comfort and pleasure. I will not attempt, to picture in detail I from 1418 to 1104, 411 years, tho pre. auction or goia ana surer sinoo the discovery of America, And the commer cial ratio of silver to gold at the end of each period. I will only say destroy the Industry sf gold mining and every I industry on ths race of the earth would be paralysed; paralyse all ether Indus-1 tries -and the business" -of geld mlnin will revive them. A oentury ago the great productive.! areas lying a few hundred miles dlatatt from the ocean or tho great , water courseA were usable to reach a market I and were therefore unproductive of ar-1 tlclea whloh ths world wanted. Today, with railroads penetrating almost every section or our country, they may Sens l their products to every part of thai world. -As - a consequence, their-grata I and provisions feed the hungry of Europe, their cotton clothes the millions of Asia, ths products or their mines supply the machinery and manufactur-l era. their coal goes to Africa and Beutn America and their manufactured pro ducts are scattered ovsr every part of I ths globe. wealth Is power. - Gold Is the stan dard of Its measurement Comforts and luxuries are Its attendants; supremacy Is trade and commerce lta achievements. I Wherever there Is found A wealthy nap I tlon. there is , progress and ad ventre-1 ment Buch Is -the United States w4th her ninety-four billions .of wealth and countless gold in hsr treasury. One of I advancement 'of her chief resources of security Is the " will fiirnlsh tH Oregon and WanWtogtoo atock. ';' 'r -. ' t dose figuref, . ;- r.',.-;. v OREGON SUIIITCS . . . 13d STAR ,COr,SOLIDATltD : . . 5c ? GOLCOM)A CONSOLIDATED. 6c 1 avs A JT' A rirv VetM rrv a eev ' 1 " jimiimu wVitowawiiiAV7s OO ' ; ri:'& f A04 Many Others'',: .'V,."v-. Write nt lor pATtkulai. regarding all Oregon atocka. " Li Y. KEADY CO, , MIIVBa AND MININQ llDept:D)l!B04-6 JThe:iCAiim MININQ MEN Look Out for IT" ""'"i" ; v-:,." v--- "Mines, Mining and ;i Miners of the. Pacific Northwest" ! To" be i published by WUl A.' Dart and Frank Uschke by August 1. under ths auaploes of the. American Mining Congress and the Oregon Miners Association. This Is the only authorised publication for tho meeting of tho Congress In August, 1104. 8nd All Information to 3lS Oreygonlan Building 44 e abiding faith in tha outcome of the I civilisation and the properties of this company. commerce, trade, manufacture and trans-1 many metals burled In her emountAlna. mature nas proviaea an aounaanoe oi i portanon on a just ana sauitsus dssia i which the eners-y and toll or her Indus timoer ana water, two neoeesary mate-line proaucts or nature belong directly trlous and venturesome men are daily rials in tbs successful development, witn to uii people, xney are God's oven brinrtna- forth to enrich ths Beonle And A railroad within A few miles and a good J highways, over which all who are will-1 to make possible further resulting road to a shipping station, little more I ing to taxe up tne implements or. honest I aehlavamants for tha beturmsnt of can be desired for successful operation I labor and uss them to their own ad-(mankind. of the many properties hi this locality. I vantage and. that of ths public, may ggxaTTJfGI Of ZT XWTAMOt. j travel over unrestnetea oy tne semen imuimi vr mi, jaws sr man to oroseerltr and haoolnesA Tf,-. 1. ... ,. Kn m xni oommareiai rutnra or Amariea. Mining belongs to neither the em in fact ths world, demands a new f Continued on Pare Twentv-three.) pioyer nor me employe,' n arrays it- sflf with neither capital nor labor. The raw material Is nature's gift to all hn manity, and in the furtherance of the! Individual enterprise, the general wel fare of the people, ths building up, and strengthening of all social, educational and moral life, the maintaining of our OREGON Vho Portland oard of Trade leads Free Information about this Oreat atate. Phone Clay 111. Established 1170. J. H. FISK, M. E. STATE MINKBAIXK3I8T. Ones Bxamrned and meported Tpen, Office 104 tt Washington St, Portland. Or. L O. 'Davidson. . MUo P: Ward. Davidson, Ward & Co. aUUS XSTATX, X.OAJTS AJTO MTJTTJra. eog Chamber of Oommeros, rortland, Oxw Phone, Oregon Clay 111. tons per ; consists Of four full sised daimA the full capacity of 1,000 i namely: uv xanxee ana xsmceeigay, t Doodle; known as the Rock ouich mine. The company1 now have the mine de jthe Monte Crlsto and Bonansa, known as yeloped to a point that will, Justify the . the North Side mine. installation of a 100-ton plant, as there ' it is sitUAtea en tne itogue river mi t, aufficlent ore blocked out, to supply . i' xne - ueuice nuoinf - aiairicw d vsejwuia i tfils amount flail y .county, Oregon, 11 miles northwest of I The company has gone to conslder .GranU Pass and 14 miles from Merlin,! able pains and expense to take good A station on ins eouinern rvcino ru reliable mining engineers on tne ground, . way, from which point there la a dally make a careful inspection of the prop- etage to Gal Ice. .. , erty and report In detail. From all that Permanent development work of the can be seen and learned by your corre- Rocky Gulch mine was commenced in apondent It seems reaeonable to place juecemoer, ivi, since wmcn time mere "bee been 1(0 feet of tunnel driven, J-whlch shows a large ledge of highly - mintsnuwea quana, indicating 'Broxlmltv of an extensive ore ahute. This mine while, showing a large ledge and up to join us In this enterprise. We of mineralised QuartA-would be con- f.eMSntlny.'ilme ,ln i ,j .. I paying dividends svery month. Your " v"--""- order taken for anv stocks on ths mar While it is oeiievea mis property wiu ket. uBt your shsres with this office uevtuon ww a- sua ma vaiuaoie mine, i wnen you wisn to sell. Money loanea the present development is not sufficient I on stock. Gold dust snd mining stock FORTUNES Are made In acaulring. ri' I developing and marketing mlnlnr prop thejerties and prospects of merit. We In iute.,vlte individuals with capital of 11,000 to show the true valus of the property, bought, w.j. The north Side mine Is sbout .three! - Curtis & Co. lit Com' Southern Oregon Mining and Developing Company ' -miles north of the Rocky Gulch, and is on the north bank of the Rogue river, is (00 feet in width and 1,000 feet in length. 1 It shows A continuous body of ore on the surface 1,100 feet in length and over 100 feet In width. The char ncter of the ore is an iron sulphuret (changing to a copper-gold sulphlds as m.k I ,,4r vf Tti. W luwlv im 1m conuct , between porphyry and slate. Had ths best placer property in Oregon. mtmM.-iu,hmmmnm.tmmh-M-p-'oa. .It owns nine t hVwut. ' Quarts clalmA ns of which cover a 4 Sn!l jilr.i. rnrir ilt.-v ledge 1,000 feet in . width, assaying en fJS Wf sn ?J? f tne surface as high as 127. A dividend f f iSi??.. v!t il rl ri?; on Enquire for price of el. besides several open cut -J uylng tocki et&t. (tCtif,,.. ... ) work cm be dons by tunnel to a eon- ZOO UregOAUlll " DUllQiag . OREGON MINING STOCK EXCHANGE Chamber of Oommeroe Sldg. PORTLAND The object of this Exchange Is ' to aid and encourage tne develop ment of the mines, and protect the Investor as- f at-as possiDie. - VActtv Members W. T. Perry & Co. OhAHVOf O OOSAnlATOt Bldg. Frank B. Roberts & Co. ohambet .of ponunereo Bldf. Warren B. Hartley Chamber of Oommeroe Bid. F. J. Hard & Co. ; Chamber of Oommeroe Bldg. , I ALM EDA MINING 1 I' COMPANY 1 The Seventh Session of the 'i-S ? AMERICAN MINING CONGRESS Win Convene In ths City of ' ' ? PORTLAND, OREGON August 2i2,l964v ' And continue thereafter tho " ltd,. 14th. 25th, 16th and 17th. 1 Tphe Bo&d limited amount of the treasury stock of the company on the market at 50 CENTS A SHARE ! ' . ' .1 . . I . t. J ,( for the purpose of raising funds with which to install, a 100 ton (daily capacity) matting; plant at the mine. There is an immense amount of ore blocked out awaiting treatment Wfll be paid within THREE MONTHS after installation of plant '' - v Will increase reduction capacity to 1,000 tons daily capacity in the next' four years. . - For further particulars call or address ( fc UMBbJM CO. mm 1 1 1 ABINGT0N CORDING PORTLAND, OREGON tiaerawe aepuij inaiupa: ui wor pi ex-