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About Independence enterprise. (Independence, Or.) 1908-1969 | View Entire Issue (March 4, 1910)
PACK TMRtt IIOHT PAOII i GTnl INDEPENDENCE ENTERPRISE, INOEPENOE NCE, OREGON. MARCH 4 110. 0 C(Q)o 01 (P Ml .y?z Oregon Corporation Property in Josephine County, Oregon CAPITAL STOCK $1,000,000.00 OFFICE: 304 United States National Bank Building, SALEM, OREGON n. F. Rowland, President, 8alcra, Or. J.C.Mattlson, Vlce-Pres., CranU Pbs. O. S. Wanchard, 8ec, Grants Pans. O. W. Donnell, TreM., Grant Pass. SMALL SUMS THAT MADE F0RTUM 2 Small sums Invented lu mining have over and over again resulted In bringing substantial fortunes to the fortunate Inventor. In 181)2, Morris Yenzel, ot Mobcow. Idaho, a merchant tailor, received In pay ment for a suit of clothes G000 shares of L Koi Gold Mining Company's stock; Jn 1897 he recoved for the same $800 a share and accrued dividends amounting to $G0,0OO. In the curly development of the Lo Ilol mine a certain well-known St. Paul gen tleman hud Ma chuck written, for $.'.000 to pay for a one-fifth Interest In the prop erty, but hl friends persuaded him not to take It. A few months later, as Is well known, the m'ne sold In London for $-.,000,000. The advlso of his friends Just cost lilm $1,000,00. Marshall Field paid $625 for a small share In mining stock and afterwarda re ceived $000,000 for his Interest when the mine was sold to a syndicate of capitalists. i Cecil Rhodes, the millionaire miner and broker of South Africa, shortly before his death, said: "I speak advisedly, and say what every man who has investigated knows to bo tho truth, that less money is lost proportionately In mining than In any o-her. business In the world, and larger fortunes are made in mining stocks than In any bus iness or any investment on earth. A good mining stock will pay the Investor more easily 20 30 40, and 100 per cent annually- than municipal bonds, railroad bonds and stocks or government bonds can possibly pay 5 per cent. Money invested in good mining stock is safer than a bank, than in mortgages, railroad securities, municipal or government bonds. The security of good mining stock is the raw material of menoy Itself; It Is the stuff at whose feet governments, cities, banks, railroads, mortgages, land corporations and all forms of business kneel." .., v , THE REASON WHY GOLD MINING STOCKS ARE OFFERED FOR SALE. Why is It necessary to offer any prominent mining stock for general subscription? Why do not local capitalists secure the entire issue,' if It promises such largo profits, and why is the company willing to dispose of any Interest in a valuable property? These are common questions familiar to every one dealing in mining investments. They seem reasonitblo on their face, yet they are extremely unreasonable and Illogical. Would you ask your grocer, when he advises you to buy sugar or flour in antic ipation of its advance, why h docs not hold it himself and make the profit? Would you ask your coal dealer, when he recommends you to lay in your winter supply in summer, because it Is cheaper, why he does not buy it himself and sell It later at a higher price? Hardly, for the very good and sufficient reason that probably neither would have sufficient capital for the purpose, and, if the advise were not acted upon, neither party would be benefitted. Mining stocks are offered to general investors be cause one man has not sufficient capital to successfully operate the property, how ever valuable the property mlgiit be. Is the Best Sort Commercial IVEinin Maximum of Safety This proposition, as wo boo It, is the best sort of "commercial mining" and is the most attractive kind for tho "exacting" Investor who demands the maximum of safety and large "speculative" features. Everybody Wants to Mine And of course you do, and under the most favorable conditions, where the ele ments of uncertainty have been narrowed down to the very minimum, and where you should soon soe results". If you want to do commercial mining "la the ground" and want to go after big game, here is your chance. Proposition Should be Quick This proposition should be quick. We're in the ore. All pre-organization precau tions have been taken. We have carefully selected our officers and directors. Not one of them is in any sense a speculator but all are conservative substantial business men We are free to concentrate on mining, ship-ping and developing on an. extensive scale Two directors are giving all their time to this proposition. You're busy now-oh, yes, of course but not too busy to attend to IMPORTANT MATTERS and this Is "important". Buy ORIOLE to hold, to speculate on, or for "results". TAKE UP THIS BONA FIDE OFFER . . n h an hut wo are willing to make the following offer; We will go We have not yet paid any one's expenses to mine for the purpose of selling stock, nor do we expect t o do so bnot every part, and if the property is not in every with any interested and honest individual o party to the property, stay long enough to make B1?meCM t trip 4is is not intended for a bluff but is a particular as we represent it we will defray all the expenses of the trip and give each individual $5.00 per day for time spent on tne inp. bona fide offer made in good faith. . SMELTER RETURNS Actual returns from ore in carload lots hipped to Tacoma smelter: 6.6 tons from No. 1 tunnel, $184.85 net per ton .... ..$1188.95 17.72 tons from chute between No. 1 and No. 2, $203.6-4 net per ton $3608.50 15.47 tons from No. 2 tunnel, $224.58 per ton $3475..' i Total, 39.31 tons; average, $210.42 net per ton $8273.16 Entire 40 feet in No. 2 tunnel as say $23.40 and $27.60 per ton. Other ' assay values at lower levels run much higher: 30 feet below No. 2 tunnel assay $377.80; No. 3 tunnel, 108 feet below No. 2 tunnel, shows assay value $785.80 per ton. TEAR OFF THIS BLANK AND MAIL IT TODAY WITH YOUR REMITTANCE, .1910 Mr. B. F. Rowland, President Oriole Gold Mining Co., Salem, Oregon. I do hereby, agree to purchase from you ' ; "Uares of the capital stock f Orlol, old Mining Company, a corporation organized under the laws of Oregon, at the prieo of Fifteen Cents per share, and do hereby agree to pay for same as fohows: $ on mention hereof and the balance in nine monthly ins.ailments. I do "furcher agree that time shall be deemed the essence at your opt'on you can cancel this agreement, at any time after a default of thuty -0) .a j Tu Ml any of said Installments; provided, that should yxm exerc.se such, opuo you shS driver to me such number of shares of said stock as I may have paid for pnor to such default at said price of Fifteen Cents per share. (Executed in duplicate.) Name Accepted .... Address President. MADE MONEY IN MINING W. R. Hearst esta'e $40,000,000 C. P. Huntington 35,000,000 'Inland Stanford 25,000,000 James G. Fair 25,000,000 U. S. Stratton 15,000,000 Charles Crocker .... 20,000,000 Peter Donahue 20,000,000 J. B. Hagin .... .... .. 30,000,600 Claus Spreekles 20,000,000 Sharon estate 20,000,000 Mark Hopkins 21,000,000 Thos. F. Walsh 20,000,000 j'ohn W. Mackay 10,000,000 James G. Flood .... 10,000,000 There are thousands of others who have made a br.udsume fortune In mining. We extend an invitation to all who have made or 'vho desire to make money in mining, to join us. Eh