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About The Oregon daily journal. (Portland, Or.) 1902-1972 | View Entire Issue (June 28, 1908)
THE OREGON SUNDAY JOURNAL, PORTLAND. SUNDAY MORNING, JUNE 28, " 1908. WMMl You. Find That Ve Have Misrepresented; or. ..in Anywise Deluded You, Come : and Get Your Money BacK Our Shares Arc 10 Cents Each, Cash. Par Value $1.00, and They Arc Liens on the Profits of the Poticic Gold Mine, Near Murray, Idaho, ' Bound Soon to Burst Forth Into One of the Greatest Mining Propositions in the Great Rocky Mountain Region Closing Exercises Harked by Interesting Addresses and Entertaining MusicThe Year's Work Closed Prcs- - ident's Good Results. MAIS (Spcelit PUpttch to' Tb Journal.) v .: Mt Angel College, Jum 87. The cloalng- exercises at this college on June 23 last were held In the Httla theatre that Is found on the fourth floor of the bin college building on the hill. A very plain and sensible ' salutatory s was spoken by Fank Sander of Tillamook. The next number was ' a clarinet duet by John Melcholr and Sander, both of Tillamook, with accompaniment by Am brose Walsh of Salem. "Killed at the Ford," by N. Van Ness of Ontario, was very well recited, v A march by' six small boys on the violin led by Eev. Joaeph SChlndler, Instructor in the vto- yiln department The little fellows won a aehcrven recau.- - - - - Tha . address of the day was by James Henr.essy- Murphy of Portland. He was introduced with some fitting remarks by the president of the "col lege. Kv. Frowln Epper, In fitting words. Hit address was eloquent in ae- livery. elfQuent in diction,' rich in rem- j iniscencu ana Drpaa ana pniioaormrai in j Its tretmnt of tha problems of Chris- ; Xr. . Murphy's Tribute, He showed that the labors that had first subdued and evangelised. Cnrls ttanlsed and civilised countries - like England and Germany were carried on by this same order of Benedictines that hud piar.teO its school at Mount Angel. He showed that if half the labor and wealth expended on camps and courts, arsenals and forts, on support of arm ies and navies, were spent on education of the human mind out of its errors the salvation of society were secured. He paid a high tribute to Mount Angel college and men who had gone forth from Its walls, and closed with some l.eautlful words of counsel to the stu dents about to denart from the circle of Its beneficent Influences. An eloquent valedictory was pro nounced by T'mbert de Martini, this closing the literary program, which was al) of a very high order: The college band playod . a farewell salute, the guests were served with refreshments at the rooms of President Frowln, and after -fond farewells and college yells the year's work was called over. ' i -:: A Knsloal Oealna. Mount Angel is fortunata In having a musical genius In the person of Father Dominic, -who Is both a great pianist end composer. His interpretations of I.lsit have never been equaled In the opinion of high critics. - His compositions have '? been Intro 'hinaii nnhllnlv at Run Francisco bv Pro- A-feasor Mansfield, who stands par ex fVellunce at the head of the musical I profession in the bay city. 1 The musical critic of the San Fran 1 rlsco Examiner gave two extended notices of the wonderful work done by the Benedictine father, who is the soul of modesty and will not let his work be known much. 1' . Degree Annonnoed. Tghe degrees and diplomas were -now announced by the president and awarded by t.he Rev. Abbott as follows: Masters' of Accounts, John Maier, of St Joseph, Mo.; Bertiard Burns and Herbert Pohndorf. of Butte, Mont. Qnid medals fUmbert de Martini, of Portland, for general excellence, pro ficiency in I,atln and Greek, presented by . the archbishop; Herbert Michael brook, of McMlnnvIlle, presented by Rev. John Waters of Astoria, an alum nus of Mount Angel. For proficiency in commercial course John Maler of St. Joseph, Mo., gold medal presented by Rev, Buchholier of Hlllsboro. . f- 1 For general excellence in junior de partment Gold medal to Andrew Weber, presented by G. . Heitkemper company, Portland. Toe Academy Graduation. The Mount Angel academy, conducted for girls by the Sisters of the Holy Name, held its closing - exercises on Monday. A.c'.ass of 20 was graduated Hiid' the exercises took place at 3 o'clock. The program was of high character. Among Salem ladies present were Mrs. C. W. Davis am Mrs. Mary McGrath. Heln Savaire. - arid Miss Marie Martin of Salem are students of the academy. There were two graduates In music. Miss Helena De Vaney of Roseburg, and Miss Satle Sullivan of - Oregon City. Following Is the graduating program: Piano quintet, seniors; selection, vocal club; recitation, Lena Root; piano solo, Helena DeVaney; recitation, Mary Linn Rees; vocal solo, Audrey Davis; physical-culture, exercises; piano solo, 8atle Sullivan; recitation. Mae Douglass; song. "Till We Meet Again": piano sextet, juniors; farewell song, the seniors. There were graduating exercises in the commercial course and - diplomas presented. In tha ninth grade. HISSMAISIEO'DOMELL AND F. CALDWELL WED - (Special Dispatek te The Journal.) - Forest Grove, Or., June 17. At Bux ton' last Wednesday morning at 8:30 o'clock. Miss Matsle O'Donnell and Frad H. jCaldwell were married In the Catho lic church. The ceremony -was per- iormea Dy nev. tamer jteuennopen. A large number of friends were pres ent Miss Evelyn Doohr of - HUlsboro, was maid of honor, and Mr. Harry Glen. son of Portland, was beat man. 'After a trip to The-Dalles Mr. and Mrs. Cald well will reside In Buxton, where the groom is engaged in tne lumber tua- iness. '.-.,.;" ,...-.,: V'T-. . - 1 Advertising Class; A. S. Monroe, president of the Mon roe Advertising company. for many years connected with the largest adver tising school in the world, will take a few students In advertising - for. the summer months. Call or address at once suite 41 Hamilton bldg Portland. . m ii . Will Take Place of Defunct Bank "- (Special Dispatch to The Journal.) Boise, Idaho, June 27. Monday morn ing the Bank of Idaho, organised to take the place of the defunct Capital State bank, will open Its doors for bus iness, it. F. Buller of Hallev la nreaL - Ant Ind IT. M Pa Y-nrinm nnaKlAv a th. ' new institution, judge wood has" ap polnted.M. P, Meholln as receiver -of the defunct bank to take the place of Re- : celver Bruce. The new institution starts out with a capital . stock of $100,000, fully paid up. Bummer Special. ' ' Tou can now get full privileges In TV M. C A., good until October 1, for $5. This Includes $S,000 tile swimming pool, superior tub' and shower baths, rymnaslum, handball courts, running rack, reading rooms, social gatherings and many other features. See cata logue. Just the thing for clerks, busi ness and professional men.- - . . "Klamath Falls Lineman Killed. (Sjieelal Mrnatch to The Journal.) '" ' Klamath Fallf, Or., June 27. Ed ward Harris, a-lltteman. was killed by falling to -the ground while stringing vires near this city. He sustained a .fractured skull. He leaves no known relatives except a bro" whose where abouts are unknown. ... j . J We own It full gold and galena, mineral :laim, now ready for patent, in the wonderful Sho , shone mining district, Shoshon county, Idaho, and we have spent two years', time and $50,000 in procuring the ground -and developing it, .And now we have demonstrated that we have a mine and a - y - good one, and have placed 80,000 of its chares upon the market at JO cents each, and Every Dollar Derived from the Sale of Thee Shares Will Be Used fo Help Pay the Cost of Installing a Cyanide Plant and Further Crosscutting - J and Drifting on Already Discovered and'Known Hich Veins of Ore. j '- , . - : Ours it must be remembered, it a tunnel mine. We have no shafts; to sink nor expensive hoists to buy and operate. Miners will know in a minute the important, meaning there is to this. It ; contemplates less than half the cost of producing gold and galena, and, as if to round out its Splendor, .... .;.. ' v - ..' - , ' Ours Is Free Milling Ore, Effecting Another Saving of $8 to $12 Per Ton, as - Compared to Smelting. Then, again, our miners accept more than half their pay in stock, showing their confidence in the property, and even Henry M. Lancaster, of Wallace, the government surveyor, whom anyone may refer to, who surveyed and platted the claims, when the work was completed, asked that they be paid in stock. And if we had half as much money at hand as we have already expended on these properties, not a share would b offered to the public, but we have not scrimped in expenditures, and - while we have not been wasteful, we have kept up steam, desiring to reap a harvest in this short life of ours. We and Our Stockholders Want This Gold While We Live. ' No one ever says, "Wait a while; pay me the gold some other time." WE ALL WANT IT NOW, and that is why we are selling shares. We could go along two" or three more years, putting the profits of our business in the mine, and have it all to ourselves, but what's the use? We own all that mountain and there is gold enough in it to make us rich a dozen times, and our stockholders,' too. What is the use of iggishness of being a human swine? If the men of the world had bigger heatts the people of the world would be a thousand times happier. We are of the temperament that is sat isfied with enough, and this mine is going to put U) in that position, and if it does our stockholders must travel along with us and profit as much as w: do. This is nothing more nor less than a square deal and 9 The Poticie Company Will Be Run on a Square Deal Platform, or Not at All. This Is Not a Milk-and-Water Proposi : tion. It Is Pure Cream. It is a small quartz mine that does not mill at least 50 tons of ore per day. Most of , them if they make much pretension of mining treat 100 tons, but suppose we mine and mill only 50 tons per day of our poorest ore that $23.62 rock. In 313 days we have $369,653 in igold, or $69,653 more than enough to pay annual dividends of 200 per cent on an investment of $150,000. We have $50,000 in the mine now that is, it has cost us that much and we have no apprehen sion that it will cost another $100,000, or even another $25,000, to get us into the boom of dividends, so that , those persons who can take the time to sit down and figure a little can quickly comprehend the foolishness of working all their lives just to make a "comfortable living." 1 s ' No One Ever gets Out of the Rut of Scrimp and save by Their Daily Toil. , : These Are Sworn Statements. Idaho law requires rrfineowners to make an an ' nual statement of their profits and the mine produce tions. These were made, and the result published in the daily newspapers of May 5, 1908. From the list we cull the following, because we are in the cluster, all being in Shoshone county, we believe,-the same in which we are located. The report shows the profits of this small bunch of mines to be FIVE MILLION ONE HUNDRED AND NINETEEN THOUSAND EIGHT HUNDRED AND THIRTY DOLLARS. Think of it almost SIXTY HUNDRED THOUSAND DOLLARS from one county-alone of that wonder ful metallic state. It dazes a person to contemplate it A good and frugal farmer may lay by $5,000 per year, and " - r In 200 Years He Would Have $1,000,000. - " --. The Bunker Hill & Sullivan was the largest producer in Shoshone county last year, clearing $2,264,213. The Federal Mining & Smelter Company, operating the Last Chance mine at Wardner, the Morning mine at Mullan, the Tiger-Poorman at Burke, and the Standard Mammoth at Mace, showed a gam of $1,596,707 in spite of the fact that the last three mines were closed the latter part of the year and the others ran with reduced forces. . The only mine not a silver-lead producer, the Snowstorm, netted $454,288, and copper during the year was lower than usual. The Hercules mine at Burke "cleared $765,160, and the Hecla mine $437,188. The total production of the mines was $14, 622,313, and the total expenditures for Jabor, transportation, installation and maintenance ' of ma chinery was $9,502,484, ... ... The figures are taken from those of the assessor of Shoshone county and show an increase over last year. .; The Snowstorm increased $300,000 over 1906. The tonnage extracted during 1907 was 95,435, of a gross value of $1,396,257.82,. The cost of extraction was $216,393.03; cost of transportation $501, 112.20; cost of reduction and sale, $68,572.03; value of improvements at mine, $155,892.40; total work ing expenses, $941,969.66, This gives a net profit for the year of $454,238.16. 9 2.50 cash and ? 2.50 a month buys 250 shares., '-v, '.. , f 5.00 cash and 9.5.00 a mojtth buys 500 shares.' . :.( ' f .6.00 cash and"? e.OO.a month buys 600 shares. f 7.00 cash and f T.OO a month buys . TOO shares. ' . 9 8.00 cash, and 9- 8.0O a month buys 600 shares. f .OO cash and f O.OO a month buys OOO shares. 910.00 cash and flO.OO a npnth buys 1, OOO shares. - ' a VA..- .' The same proportion of payments will prevail on. larger amounts of stock purchase. 5 per cent discount where purchases are made on the all cash basis. These prices are subject to increase without notice any time after two weeks from date. -The P. L AUSTIN :. President and Treasurer. Room 3, Raleigh Building Sixth and Waishingfon Incorporated Under the laws, of Washington for ($1,500,000, $900,000 in the Treasury. All Shares at Par Value of 4: jj n Ol n vo- 3 ' & fC I I I . ---4 l 3 ' I 9 uttielii ,' If you will call at our. office and get acquainted with us you will soon "understand that we mean exactly what we say, too. We are not given to boasting, but when we make this declaration, WE MEAN PRECISELY WHAT WE SAY. f- ' The Mountain State of Idaho Is One of the Great Quartz and Placer Gold Producing Regions of the World, and Its Riches in Silver and : " . Lead Are Almost Uncountable. ; ' It is a roost wonderfully rich mineral district, and it fortunately happens that the Poticie mines are right in the heart of the great mineral zone. When first discovered experts conceded that our would develop into a monster property, and offers to buy have come from all quarters. Only this ' last Monday, June 22, a gentleman called at this office and Offered to Put Up a Bond That He Would, if Authorized, Sell the Poticie Claims, Within 90 Days, for $150,000.00. And his commission would come from the purchasers. If he had named $500,000 the offer would have been just as promptly declined, If he had said $1,000,000 wg should have asked for time , to consider, because we believe that our claims are NOW worth that much, and we further know , that there are no better prospects on this earth for a great and profitable mine. I r Our Shares Ought to Sell for SO Cents Each Now. : ' They would be held at that price if a mining promoter had them. But we are not one 'of these. We are simply plain miners owning our own properties owing nobody a cent paying as we go having no false claims to make content with the wealth that Nature has provided for us in the Idaho gold mining region and glad we will have the privilege of making others as well as our selves happy. v . We Have a Lot of Healthy Assays. We have recently had made a few assays that show the wealth of our proposition. The first went $59.47 to the ton; the next $62.93; then $240.71, $23.62, $46.56, $108.56, etc. Now we want read ers of this advertisement to know that these assays are not picked ones ana are genuine, and if there be even one person, or if there be any other number, doubtful of their accuracy, and they will call at this office and see them for themselves, and then be not satisfied with their genuineness, and we can not prove to them that they POSITIVELY ARE GENUINE, by reference to the assayers them selves, we will present to each and every one of such persons 1,000 shares of Poticie mining shares ' absolutely free of charge. , . Friends, Do not Be Content to Curl Up and Sleep, Every Moment You Are Not Hard at Work. Buy Some Mining Stock in a Good, Le gitimate Enterprise, and t Let it Earn Your Living. ' If afraid to buy in this mine, buy in some other. If you imagine we are not reliable, inquire about us. Come to our office or write us and we will give you references that ought to convince the most obstinate, and will, we are sure, convince you. But if after all is said and done t If You Are Not Satisfied That This is One of the Best Gold Mining Propo sitions Ever Brought to Your Attention, Buy Some Other Good Stock. But do not let the opportunity go by to get stock from one or another of the square dealing; propositions now on this market, and start out on the road to prosperity. Get away from slavery. Abandon dr,udgery. .What's the use working hard all your life for the mere pleasure if a pleasure of. existence? Wake up, and when a good thing a splendid opportunityis offered you, do not rub your eyes until it has been snapped up by some other person and you compelled to continue your weary journey in sweating the hours away and toiling from dawn until darkness in wondering; what is to become of you when old age has crept upon you. . v "p:f:J" Basis of Purchaser .A?;S This stock will be sold for a short time only at 10 cents per share on the payment of 10 per cent cash and 10 per cent per month. Those wishing to take advantage of this liberal opportunity had best act promptly. Coup MMM3 PtSTMCT SfOSHWCO.MNO A LOUIS MEYER, - Ylce-Pres. and Secretary. $1 Each, fiflr Paid and f.'on-Asscs::":
