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About The Oregon daily journal. (Portland, Or.) 1902-1972 | View This Issue
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. K. .
6f the Mines of
Gonsumers Goal Company
Has Bgeri Sold :for Six -Years
. The Banficld-Veysey Fuel Company first investigated the proper- -ties,
of the Consumers Coal Company. 1 They were interested at
once. Arrangements were made for an immediate test. Under
the auspices of Chief Engineer Slocum, Portland General Electric
Company, arid Chief Engineer Asher, Portland hotel, together .
with other prominent engineers, the coal was thoroughly tested. "
It-was found to be FAR BETTER THAN HAD EVER BEEN
EXPECTED. Applied to domestic uses or for steam purposes
this coal was absolutely demonstrated to be perfectly satisfactory.
: As a result the Banfield-Veysey Fuel -.Company. immediately on-
tracted for the entire output of the mines for a period of six years.
The price agreed upon is sufficient to guarantee immense profits to
all stockholders. As nearly as it is possible to figure the returns '
from this investment the following statement is approximately
' . , . correct: :-:7-py: jyP'r '
Shipment September 1, '07, 100 tons a day; profitabout 20 per cent '
Shipment November 15, '07, 200 tons a day; profit about 40 per cent
Shipment February 1; '08, 300 tons a day; profit about 60 per cent
Shipment November 1, '08, 800 tons a day ; profit about 160 per cent
Shipment January 1, '09, 1,000 tons a day; profit about 200 per cent
lnfieW-yseyuel do Is Talung
Ordero Now at $6.00 a Ton
The cost of production is bound to decrease as operations enable
the company, to facilitate the mining of the coal. This means still
greater profits than those given above.
THREE THOUSAND FEET OF TUNNEL COMPLETED ! 1 1
TWO MILLION TONS OF GOOD COAL NOW IN SIGHT!!!
ABOUT SIXTY MEN NOW WORKING EVERY DAY AT
A BUSY, BUSTLING, MONEY , MAKING PLACE JUST 1
i . - - -
StocIIhoIdes, Free: Excursion '
The steamer Kellogg has been chartered for the last free
excursion to the mines. - August 23 is the, date. No one
ut stockholders and their' families will be permitted to
company. The object of the, excursion isv to enable
those who have purchased stock to investigate for them
selves the progress that has been made "and to acquaint
them with the very short time before they will be enjoy-:
ing profit from their, investment in the stock of the com
pany. , Tickets for-this excursion must be obtained from
the Commonwealth Trust-Company on or before .Satur-
day, August 24. A happy ; chance to. combine business
with pleasure. - N - v' ' ' '
v. : Yoil Ask
One definite and certain way to-find out why the
price of this stock is on the increase is to pay a visit
to the properties of .the company just north of Kelso"
on the Northern Pacific First secure an oder from
the Commonwealth Trusty Company for admission
tovtne tunneis., xour nrst surprise -win De mani
fested upon observing the enormity of the undertak-';
ing' and the heroic manner in which the work is be-
Ing carried on. You will marvel , at our conserva-"
tism in offering the stock for $14 a share when every
Indication convinces you that it is worth $30 a
shared You will find a small army of men working
A GENUINE, HIGH GRADE, -CERTAIN INVESTMENT
THE COALr IS THERE AND THE OUTPUT IS SOLD
. ..... ;.v . .- - - '
THIS STOCK WILL POSITIVELY BE ADVANCED $1.00 A SHARE EVERY
- f : 'REMAINING WEEK IT IS ON THE MARKET. t
One Way to Secure Free Ticket
Those who are not stockholders at present may become
so before the date of the excursion. An easy way to
see the mines under these circumstances will 'be to de- '
posit with the-cashier of the Commonwealth Trust Com-'
pany the amount that you would invest if the proposition
proves to be what it is represented. A certificate of de
posit will be given to you. If not satisfied with the in
vestment the money" will be returned to you the follow
ing day. If not called for on Monday, August 26, it will
be , taken for granted that you prefer the stock to the
money and it will be issued to you forthwith. .
. ."- f
three shifts nieht and day. You will find that
. tracks are being laid on the tramway grade; that an
engine has been purchased and is merely waiting
for the tracks to run upon. You will find great
- heaps of coal being taken out every day and laid
- aside, ready to be transported to the docks at the
river's' edge. . If you enter the tunnels you will be
amaxed at the tremendous quantity of coal that is
protruding from the interior,, all ready to be mined
and shipped. ' Then you will become enthusiastic
when you learn that all of this coal has been sold for
six years. You will say to yourself, "If this coal
is good enough for the Banfield-Veysey Fuel Com
pany it is good enough for me." If you will stop
to consider for a moment you will conclude that
after the six years' contract is terminated the coal
belongs tothe stockholders. From that time on
there is every probability that millions of tons of
coal will be taken from the mines. Millions of dol
lars will be distributed; in dividends among the
stockholders who buy now. Think of it! Here is
a big coal mine. It is only a few miles from Port
land. The" papers are full of news about coal fam
ine. Yet at the rery threshold of this big city is a
: supply of coal that f seems to be t well nigb! inex
. haustible. Portland can use every pound of it.
The Banfield-Veysey Fuel Company .must have
thought so when they purchased the output. The
time is. ripe. The opportunity is present. There
'is only one thing. for, you to do and that is to get
.busy and buy all the stock you can handle. Hold
on as long as you can. Your money will be earn
ing a handsome income for- you within a year.
Nothing more prbfitable in the entire northwest
than this investment. -Call and see us today. Next
iweek. you will pay $15 per share.
aVii-XJ V V- 12?ZJ. iU2 IS Li Li
; k Sixth 'and Ankeriy )
FISCAL AGENTS FOR THE
CONSUMERS COAL COMPANY
You Save a Dollar a Share
By Buying Nov J