Image provided by: University of Oregon Libraries; Eugene, OR
About The Oregon daily journal. (Portland, Or.) 1902-1972 | View Entire Issue (Jan. 27, 1908)
THE OREGON DAILY JOURNAL, PORTLAND, MONDAY EVENINO, . JANUARY 27, ' 1808.. i ; 'i v. AFTER FEBRUARY 1st WILL: BB FOUND AT 517 LUMBER BXCHANQB BUILD1NO , f A SMALL BLOCK Of STOCK NOW SELLING AT 10 CENTS PLR SHARE IN INSTALLMENTS 5" 1 'TMElMTTEsB OYS ; CONSQLIBATED MINING CO. . Offcre an EKceptionai Opportunity to Secure Stock in a Developed Mine, But Only a few Days at These Prices i,., - ... ,'." A' T ' , . . . ."... ..... . . e J !- THE BUTTE -BOYS CONSOLIDATED MINING COMPANY is a Portland enterprise, owned, principally, by Oregomans, who have Dougnt most ot the stock it nas disposed ox, ana is en- Its bfoDcrty is located in the Goldfield, Nevada, mining aistncc, in me lamous xca mountain rcgiuu, m UI6 uvv v of Goldfield. "A splendid wagon WrS?Sf21'nrr -fT It with the city art railroads. The mine operated by the company derive, its name from Butte. Montana, the lUaUa WA W We v WW ww.-y - - city home of its discoverers, and who first prosecuted its development. THL GUIDING SPIRITS The Company's officers are: Preiident M. J. McCorkle, M. D. Vice-President and Manager Geo. W. Bever. Secretary and Treisurer M. Bever. Directors The officers of the Company and George Weatherly, Wealherly Creamery an3 Crystal Ice Co.; l. B. Purcell. contracfor; T. W. Shankland, . with Portland Rail way, Light and Power Co., and Burt White, mining , oper ator, Goldfield, Nevada.' Except Mr.. White, these gentlemen are all resident s of Portland. Mf. White is one of the best known of Goldfield s alert mining men, and is likewise the principal fuel dealer of the city. He bought his shares in this company after inspec tion of the property, and is the most enthusiastic stockholder in the lot His confidence in the Butte Boyl is unbounded. He says that its prospects are every whit the equal of the Mohawk, now paying monthly dividends of 50 cents per share In other words, $500 invested in Mohawk one year ago. would now return to the owner $1,000 per month-412,000 per year and this reminds us of the investment of Robert F. bcott, a tlerk in the First National Bank of Portland, for years em ployed at $25 per week. One day a salesman for Mohawk stock sold him $150 worth of that mine ssharei, Last spring two years later, he "cashed in" at $105,000.00, invested $80,000 in income Portland business property, and may live in luxury all the days of his life because he wiselyplaced that six weeks wage. With a letter of credit for $25,000 Mr. Scott departed from the city last April for a tour around the world, and has not yet returned. Again, stock in the Florence mine Id: field, as late as last December, could have been had at $1.90 -er share.' it now sens in me open mici i r-., w.v - arm c. in hu nrnnrrtv 60 davs aeo would return to JirTl. "J::- " h,' clear' nrofit of $2,600.00. In fact mining stock profits in Goldfield have been so marvelous that it is difficult to believe the truth concerning them. For example, $5 worth of Mohawk stock, procured when its shares first were placed on sale, could since have been disposed ot at $3,400.00; $10 invested then would since hvfc .Z $6800.00: $20 then. $13,600 since; $40 then, $27,200 since; $80 thei $54400 since; $100 then, $68,000 since; $150 (then. $105,000 since; $200 then, $136,000 since; $400 then,. $272,000 since; $500 then, $m000 since; $1,000 then. $680,000 since, and $2,000 then, the enormous sum of $1,360,000.00 since I nrnfiti of Goldfield min ing. The Comstock lode of that same stste has paid nearly $700,000,000 in dividends. It has erected mansions for its stock holders in every large city in America, and but for its profits there never would have been a Postal Telegraph or a Mackey-J upon the management. cennei caDie. ii paia me um u .V""-v.... --- ---- -a t?n ,n that min. and it made her rich. A brick Kil a a TV" I-v. www mason planted $50 in that same "hole in the ground" and he has drawn down over $10,0001 Goldfield mining stocks m !reased in value last year more than $60,000,000! The state of Nevada has enriched the treasuries of the world over $1,192,000,000! And the Butte Boys is right in the thick of this most astounding "mess!" WE OWN 105 ACRES OF UNINCUMBERED GROUND. This constitutes fiive claims and a fraction. To procure the land the promoters invested their own hard cash, and to make a mine of it have sold shares of its stock to the public at large. Most of these have been taken by Portland friends of the directorate, who have personal acquaintance with the gentlemen and the utmost confidence in their proposition, lney know that not one of its directors have ever engaged in ques tionable practices, or would be guilty of abusing the confidence of their friends. Dr. McCorkle, president, is one of the fore most physicians of the city, and Mr. Bever, vice-president and manager, engaged in the real estate business tor years, enjovs the esteem and confidence of his clientele throughout both the city and the state. This gentleman has put in most of the summer personally directing the mine's development, and be cause of his favorable report when he returned from Goldfield, the first of January, it was decided that it was not necessary to increase the capital stock, as was proposed, he believing that the balance of treasury stock on hand, when disposed of, would return sufficient funds to carry out complete development of the mine to the dividend-paying period. ONLY WATER LACKINO. The shaft of the mine is now down to a depth of about 300 feet, with a cross-cut of 140 feet. In the sinking of the shaft and running of the cross-cut, ore bodies of splendid values were penetrated and disclosed, so that the question of quality and richness of the rock has been determined. A Little Giant quartz mill has been procured, and is in Goldfield ready for immediate operation the moment a flow of water is secured. Other mines of the district have had to sink 400 to 450 feet before a flow of water was reached, and it is expected that the Butte Boys will have the same experience, but when it IS found, everything is in readiness for milling the ore and the beginning of shipments of concentrates. This can not be de layed for any great length of time, as our miners are constantly , at work. Indeed, we feel that the early spring will realize our desires, and thst our stockholders who have so patiently awaited with us the time when their anticipations of dividends would bear fruit, will be amply rewarded for their enterprise in procuring stocx ar iirsi prices, ana me conuuciitc REPORT OF MINING ENGINEER. It is as much the prudent business of a mining company to procure the services of a competent mining engineer to examine and report on its property as it is wise for the home builder to engage the services of an architect to plan the building and superintend the construction of his house. This is necessary as ft precaution against spending money unwisely in sinking a shaft where there is no prospect of a mine. On two different occasions we have had this mine examined by the best engi neers of the district and there are no better in the country and each have assured us that we have a property of paramount importance, and the equal in prospects of any in this well known camp. For example, on the 26th day of last July H. E. PETERSON, expert mining engineer, in his report to the management said: "The formation f your mtne connlata of Rhyollte (on th footwall) and Quartalte (on. the hanalnK-wall) forming a contact, traceabla along the center 'of the atrike, along- the apx of the hill. At thia contact, frequent blow-outa of Ondealte occur, which when croa-cut from the preaent level, will prove the permanent mineral-bearing sone. The ahaft haa been aunk In the Rhyollte (Toot wall country rocxi in wnicn numerous ainngera or ore nu been encountered, carrying gold valuea ranging from $1 80 to til,- 029.00 per ton. Theae atrlngera are all dipping towards the con- been encountered, carrying gold valuea ranging from $1 80 to til,' n2 on ner ton. Theae atrlnaera are all dipping towards the con' tact, which Indicates the preaence of a large and highly mineral ized ore body at the contact of the two formatlona (Rhyollte and Qunrtztte). The Dreaence of Andealte at the contact, together with the dlatlnct regularity of tbe formation, demonstrates the fact that thla property la altuated In the same geological horlxon a Tonopali and Goldfield; In fact the character of the formation la identically like Tonopah and the moat highly mineralised portion of the Gold field dlatrlct. The trend of the formation Is northerly, dipping at an angle of eighty degrees to the west "The equipment of the mine consists of all things necessary to the prosecution of the work, which Includea a Little Giant quarts mill one K-H. P. Western gasoline hoist, gallows-frame, black smith shop, tools, and all requisite appliances, also bunk and boarding-houses for' the employes. ... . "In conclusion I desire to state that In my long and varied min ing experience, I have rarely, encountered a better equipped or better managed camn than la found at your property. Perfect har mony prevalla between the company's officers and the men em ployed. I consider your property most promising and predict that rou will aucceed In developing a great mine. Respectfully aubmUted, H. B. PETERSON. E. M." Goldfield, Nevada, July 2, 1907. J. P. STAMPHER, ANOTHER NOTED M. E., reports as follows: "! found In both tunnela a number of ore 'stringers.' all of which tended In a northeasterly and southwesterly direction. These ledges all dip In a southwesterly direction, near the dividing line near Butte Boy No. I and 4. In all my 17 years' experience a a mining engineer I have never known It to fall that when string ers are found running as do these, they eventually run together,. Increasing In width and depth, all converging toward and forming a solid body of ore. I believe that a little later a ledge anywhere from 16 to 25 feet will be found. At the end of the west tunnel took a sample of the atrlnger that assayed SM to the ton. There was an ll-lnch stringer In the west end of the tunnel, which looked verv rich, but I did not mynelf test It. I was Informed, however, that this ore assayed $1,000 to the ton. At the end of1 the east tunnel 1 took a sample across a 2M-foot stringer, worth l00 to $700 to the ton. A practical and reliable miner. In whom I have the utmost confidence, a Mr. Turner, took a sample In the west shaft from a stringer 8 feet wide, which aasayed $(1 to. the ton.- I took samples from the dump. In my own sacks, working around about SO feet In all directions, that averaged assays ot tit SO Mr. Turner tells me that one of the smelting companies wanted to bur the dump, but that the company would not sell it. On the strength of my own and Mr. Turner1 a opinion. I have a very , high opinion of the property. For the same amount of work done the Butte Boys haa a better showing than the Mohawk had, and as a-ood a showing for the work done aa any mine In Goldfield. This Is a very broad statement, but the Indications justify It. Infect, of all the woepects I ever have examined, I have NEVER FOUND ANYTHING ANYWHERE BO OOOD. The management Is payingT more attention to the development of the property than to shipping ore. as it has every confidence tn the future. IV I HAD THE MANAGEMENT OF THE MINE. I WOULD BE SHIP PING ORE TODAY." BUT WHY SHOULD WE SHIP ORE WHEN WE CAN SAVE $20 PER TON BY MILLING OURSELVES? It would cost us $10 to $12 per ton to haul quartz to the custom mills, and $10 for the milling. With water we can do our own milling at a cost of $3 per ton and save the extra expense to- our stockholders. This is what we are going to do. This is the reason we did not adopt Mr. Stampher's prop osition and ship or haul our ore, or sell our dump to the mill ing and reduction companies. We prefer to sell some more stock and have our partners in the mine and every stockholder is a partner make the greater profits. A postal card brings full particulars. ONE LAST WORD. We have many tons of ore upon the dump, precisely how many we cannot say, and JUST AS SPEEDILY AS POSSIBLE 9(ter we have found the water wc shall beffin milling the auartz. end our friends may be sure their dividends will come at the earliest possible moment. I lie Butte Boys never nas misrepre sented to its stockholders, nor taken advantage of any of tnem in any way, and never will, and when we say that we have our property thoroughly equipped with every requisite for profitable mining, and the ore to back it up, we are saying only what is positively true. We could send our ore to eustom mills and make SOME money for our stockholders, but WHEN WE ' MILL IT OURSELVES we will make them nearly twice as much. This is precisely the reason we are not shipping our product to the custom mills. TLRMS OF SALE, Until. Further Notice Our Stock Will Be TEN CENTS PER SHARE 25 Per Cent Down, 25 Per Cent Per Month But. when we strike water THERE WILL BE NO MORE 10-CENT STOCK. The price will be five times that, and as soon as our mill is in operation, which will be within later THE PRICE WILL DOUBTLESS GO TO $1.00 EACH. All our shares are of the par value of $1.00, full paid and non assessable, and we conscientiously believe that next year their value ill be THREE TO FIVE TIMES ABOVE PARI THE RED MOUNTAIN REGION. No section of the celebrated Goldfield mining district has ever received greater or more enthusiastic attention than that accorded the Red Mountain region, especially in the last six months. When the Butte Boys property was discovered this section was comparatively new, but today is the best known of any part of the Goldfield district. In Goldfield it is on every body's tongue. The Goldfield Review of January 18 in an ex tensive review of the district, among other things said: "The Red Mountain section of the Goldfield district is rap idly forging to the front with every promise of developing some of the richest mines in the entire district within the next few months, mines that will rival the famous Mohawk and the Florence as producers of high grade ore. The general forma tion is a counterpart of that around Columbia mountain, near Goldfield. where practically all the producing mines of the dis trict at the present time are located, but the ledges are even stronger, carry better values, and can be traced on the surface for a greater distance. The entire section around Red Mountain has been carefully prospected and sampled by eminent mining engineers who, without exception have declared that the indi cation for making of big mines are more favorable than were found on the surface of either the Mohawk or the Florence. Up to within a comparatively short time no serious attempt had been made to open up this section of the district, although leasers took out considerable ore from within a few feet of the surface that ran thousands of dollars per ton, two years ago. But they lost the ore shoot and after a few weeks of futile effort to regain the rich vein, abandoned work on the property." BUTTE BOYS IN PARTICULAR. Referring particularly to the Butte Boys property, the same paper printed this: "The ore bodies which have been uncovered by the Butte Boys impressed the management with the advisability of pur chasing a mill of its own, and as a consequence there is now at the Goldfield depot a Little Giant mill, with a capacity of 15 tons a day, which will be in operation as soon as it can be moved to its destination and the proper buildings erected. "The property of the company consists of five claims and a fraction, or 105 acres in the Red Mountain district. The land at Red Mountain is slightly undulating, being traversed by an . immense dyke outcropping through the center of the property, forming a low ridge. The formation is rhyolite on the footwall and a qaartzite on the hanging wall, forming contact vein. Along the apex of the hill frequent blowouts of smdesite occur, and when these are crosscut from the present level they will prove the permanent mineral-bearing cone. Several stringers nave been encountered in the shaft which are all dipping toward , the contact and carrying good values. The presence of the andesite at this contact proves that the property is situated in the same geological horizon as Goldfield and Tonopah. H. E. Peterson, one of the most prominent mining engineers of the state, declares the Butte Boys to be one of the best proposi- ; tions in the entire district, and prophesies that with the proper, amount of development work it will be one of the biggest ship pers and largest dividend payers in the state." WOULD YOU BE A PART OWNER TO THIS SPLENDID PROPERTY? IF SO, DO NOT WAIT TILL "SOME OTHER TIME" TO PLACE YOUR ORDER OFFICERS JtND DIRECTORS President M. G. McCorkle, M. D. Vice-President and Manager Geo. W. Bever. Secretary and Treasurer M. Bever. DirecU-M. G, McCorkle. G.W.tor.frWnrir. M. Bever, Burt White, J. u. rurcen ana i. wu.. Butte Boys Consolidated Mm gCo. 94 GRAND AVE. Cor. East Washington Street - AFTER FEBRUARY 1st WILL BB FOUND AT 517 LUMBER BXCHANOB BU1LD1IVQ MMaaaaaaaaaaassaMasssssssssssssssssSssssssssssssssssssSssSSsssSsssSsBsassssM fjpsSMMsMlMSJW mmmatmmmammmmmmmmmm r ilunDnou.DAunTCPpnp iihiuo mi h u L llUI r Golden Wedding of Union Pioneers vw.jijiinuiiimi'i.'ii""1" r- ' v s-- -"iA v. . - If. ; X - . Mr nd Mrs, La aranite. Or., Jan. 2T.Mr. and Wa-vMlsbrt4- Mr ldsn wadding asc ween, are tnwni'w T tt-5 lera In the- range district of Union Uen thW was Marcel? this m L r. - ..4 In All I i limy . fr,i, vuih .w . . llinill VUUMIJ. -jr . lnarrtd In Janusnr. llSSi .Ia WM.they rrosMd the plains by ox team to tnj .Villametto valley. Where they resided ImUi : itM, .when they, moved to fUc Creek. Union county, where tney nave since resided. They have lived for 87 years -or their present homestead, one of the best cattle and hay ranches in the foothill " section of Union county. They have reared a. large family and have grown wealthy by Hard work and economy. " -v ' ' -v Mr. Turne? ia now TS and Mrs. Turner years of age and both are hale and hearty for their age. Mr. Turner is a prominent Democratic, worker and 'nas state politic! since oomina; to Oregon. Ue is engaced la the tattle, business. FUGITIVE'S PORTION After Second Flight, Content toilet Law Take Its Course. (Special DUpatrb to Tht Journal.) Tacoma, Jan. J7. Monroe T. Brown, the Northern Pacific express cleric whs absconded last summer and for whom persistent search haj been made ever since, and who onee was captured and escaped, has been brought back here for trial- by Bherfff Morris of Helena, Mon tana. crown has had sensational experi ences ever since he fled the city. Going to Spokane from here, he had the nerve to begin work for the Northern Paciflo again, taking the name of Bernard. He was soon defected and arrested. Deputy Sheriff Stenso, who went to bring him bacK, stepped into a cigar store on the way from the Spokane Jail to the rail road station and Brown mixed with the crowd on the sidewalk and in a moment was gone. Dodging and winding through the streets to the outskirts, for three days he wandered without food, sleep Ing out at nights and avoiding houses. Ohaaed'fo a Trala Bobber. Starvation then' drove him into Band Point, where he arrived Just as a posse of officers bunting the Great Northern train robbera were scouring that part of the country. Brown's suspicious looks drew their attention and they or dered him to surrender. He made for the brush, with a fusillade of shots following. . For several days he kept the lead in a strenuous pursuit until he Anally eluded his pursuers and found work on a, lonely ranch. Working for two months, he went to Helena, where under the name of Davis he was em ployed driving trucks. A Northern Pa cing tlCKCi agent laenuneu aim wiu caused bis arrest. ' . Brown says he haa undergone more hardships and terrors in the few months since he left Taooma than did the gen erallty ot the pioneers that crossed the plains to the early daya.; " , TO tXTTOrt TEX dSZT. U-XiTITM SROMO fttMNTNB remjtbe erne. There Is enly m ''BHOMO QCUUTB.'' Ufe ft algamtai sC S. W. aaova. SB , E0BEKT L. GAYN0R OF HEPPNER DEAD (Special Dltpttch to The Jooroil.) Dallas, Or., Jan. 27. Robert L. Gay nor, formerly of this city but for the Sast two years a resident of Heppner, regon. died at Heppner Saturday aged about 40 .years. He conducted a shoe etore here! for a number of years, but on account of Mb health moved to Mor row county three years ago. He leaves a widowed mother, one brother and two sisters, all residents of Dallas. MISS 0SIE BARRETT IN Piano Recital Tomorrow Evening at Eight-Thirty Eilers Recital Hall Tickets at Graves' Music Store and at the Recital Hall Fifty Cents : THE CHICKERING PIANO WILL BE USED CAN'T FUDGE ON EMPLOYER'S TIME 1 Special Officer Invents Clock Device That Employes Cannot Cheat. J. J. ritzslmmons, special officer who patrols upper Washington street, haa In vented a watchman's changeable dial timer, that he believes Is the most 'effi cient recording clock ever Invented. It Is so nrovlded that it cannot be beaten by a "watchman. Mr. Fltzsimmons al so believes be can rurnisn tnem ior a apiece. . ... The invention can d -appupa to any clock but the most satisfactory plan is to manufacture clocks especially equipped. The idea is to provide a clock controlled device which will keep a check on the diligence of the watch man and also the time service, of other employes. The ClOCK nispiaya cipnors in piH of hands. These ciphers the employe i. . ranniMil tn nnt riown and rDOrt- The employer translating the cipher signs reported dv tne waicnmnn oy ui aid of a key in his possession Is thereby apprised of the exact time when the .k....ll...' vrA tnoa Thin Will check up the faithfulness of the ser vice of tne employe. ,,,., In appearance the dork looks like a closed metal box. The face is not open like most clocks but closed all except a small hole where the ciphers referred to are noted. It can be hung Inside near a light where it can be observed by the watchman. When the watchman makes his observation he notes the cipher appearing at the time an re ports It to his employer the next mrn Ihg. who can immediately tell at what time the observations were made, by referring to his key. Dials replace the hands on the ordl inir rtn h ritalM Are the cl- rk.. K annaav In ttia hnla In ront of. the clock it is a certain time, -known Only to uie employer w iirv morning wnen no louna aw nn . dials are so contrived that 144 differ ent, combinations can be made so that the watchmen is unable to get onto the device. With the addition of new dials 144 ether combinations can be made. . Mr. rttssbnxnona baa taken steps to obtain a patent on the device and has also made representations to the Beth Thomas clock company regarding the manufacture of the dock. A model has been made by Mr. Fltzsimmons that works admirably. WITIIEKSP00N TO BE . HEARD WEDNESDAY Beats are now selling at boxoffice the Hellig theatre. Fourteenth and Washington streets, for the grand con cert song recital of America's greatest basso, Herbert Witherspoon, which will be given at the above theatre next Wed nesday evening, January 29. This will be an artistic treat to both the music loving public and the habitual theatra- f'oer, as this celebrated singer appeals o both alike. The following, taken from the New York fun of recent date will be found interesting.: "Mr. Witherspoon has a bass voice of lovely quality and of sufficient range. It la well equalised and Is under thorough control. The singer delivers it with freedom, without forcing, and with admirable manage ment of the breath. Hie employment of head tones is masterly, and' his "mexsa voce" singing Is highly finished. His full tone is sonorous, warm and pene trating. His enunciation is cleaf and perfectly intelligible. Can't look well, eat well or fee! well with Impure blood feeding your body. Keep the blood pur with Burdock Blood Bitter. Eat elmply, take ex ercise, keep clean and .704 will have long life. ' Not in a Milk Trust Malted Milk Th riiinal ani fentiat Avoid cheap substitatas T At y oar Soda Fountaia I A glass of Horlick'i Halted Milk hot malros a dclteiotjs and refreshing hinch on a cold day, V Ask for Horlick's ; At All Druggists t Stirring the powder in hot water makes a nourishing, digestible food drink, better than tea or coffee no cooking. A cupful hofron retir ing induces restful sleep. ;J st , Fine January Trade. Fred A. Bennett reports a splendid business on the new 1901 Reos. lie haa already received at his three stores 26 of this years models, IS efwh uh have already been MlfJj'lw more Reos are en rout 5 to Portland from the factory. . mmmmm CSSSSBSSSSSEK H n - wm B s MOW OPEN TO THE PUBLIC :airsiisiiiirxiiissrs5sirr n THE 27y Stark St, bet. 3d and 4th Opposite Chamber of Commerce A Portion of Our Menu Cards When ordering special breakfast, please order by number . No. 1 breakfast Bacon, one fried Egg,. PottK.fot:.RpHs' Butter and Coffee . ; . ; . ki;-v-..4 " No. -Fried Ham, one Egg; Potatoes, Hot Rolls, Butter snd ......... No. 4 Breakfast Bacon. Fried; CornvMeal Mush., Hot ;Ros, ...20 Butter and Coffee No. 5-rOne Orange, ; two JPoached Eggs, on Toast, Hot ;Ku, ' , - t)..4L J "A.t a 1 . . . m . a m a am a- a a J B -Butter and Coffee ....ivt:;;,,t'i,'''; WW US I- : v