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About Independence enterprise. (Independence, Or.) 1908-1969 | View Entire Issue (March 18, 1910)
IN DtPlNDtNCl INTIUfKIII, INOtftNOtNCg. OWEOON, MAHCH It. H10. I Frail nlfi 0.f ...0... I o o WW An Oregon Corporation Property in Josephine County, Oregon CAP IT ML STO CK A.A AAA A A OFFICE: 304 United States National Bank Building, SALEM, OREGON fill' I D. F. Rowland, President, Salem, Or. J.C.Mattlson, Vlce-Pree., Grant Pmi, 0. S. Blanchard. Sec, GranU Pans. 0. W. Donnell, Treas., Grants Pass. SMALL SUMS THAT MADE FORTUIES Small mnu Invented la mining have over and over again resulted In fringing ubstantlal fortunes to the fortunate Investor. In 1892, Morris Yeniol, of Mobcow, Idaho, a merchant tailor, received In pay ment for a suit of clothes 6000 shares of Le Rol Gold Mining Company's stock; in 1897 he received for the same $8.00 a share and accrued dividends amounting - to $60,000. , . In the early development of the Le Rol mine a certain well-known St. Paul gen tleman bod bis check written for $5000 to pay for a one-fifth Interest in the prop erty, but his friends persuaded him not to take it. A few months later, as Is well . ' u i t t tsnnnnnn Th advise of his friends Just cost i blm $1,000,000. Marfan Field paid $C20 for a small share In mining stock and afterwards re celved $600,000 for his interest when the mine was sold to a syndicate of capitalists. Cecil Rhodes, the millionaire miner and broker of South Africa, shortly before hi. death, said: "I speak advisedly, and say what every man who ha. investigated know to be the truth, that less money Is lost proportionately In mining Hian in any other busies, in the world, and larger fortune, are made in mining stock, than in any bus iness or any Investment on earth. A good mining stock will pay the investor more easlW 20 30 40 and 100 per cent annually than municipal bonds, railroad bond, and to ks or gov rnmet bonds can possibly pay 6 per cent. Money invested in good mmlng stock is safer than a bank, than in mortgages, railroad securities mun cipal or government bonds. The security of good mining stock 1. the w of mneT Itself; it is the stuff at whose feet governments, cities, banks, railroads, mortgages, land corporations and all forms of business kneel." TI-IHj reason whv GOLD MINING STOCKS ARE OFFERED FOR SALE. Why is it necessary to offer any prominent mining stack for general subscription? Why do not local capitalists secure the entire issue, if it promises such large 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 soera reasonable 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 he does not hold it himself and make the profltt Would . v- ..monrfa von to lav in your winter supply in you ask your coai aeaier, wiieu uc ., .-- - - , use one mal has not sufficient capital to successfully operate the property, how ever valuable the property mlgbt be. Ia the Best Sort Gommeroial Mining Maximum of Safety This proposition, as we see it, is the beet sort of "commercial mining" and is the most attractive kind for the "exacting" investor who demands the maximum of safety and large "speculative" features. verybody 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 Bhould soon "see results". If you want to do commercial mining "in the ground" and want to go after big game, here is your chance. Proposition Should be Quick i We are free to concentrate on- buuiub, avy - e Two directors are giving all their time to this proposition important vJrl husv 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 . men scale TAKE UP THI S BONA FIDE OFFER m tn An n hut we are willing to make the following offer: We will go vj havo nnt vpt. naid anv one's expenses to mine for the purpose of selling stock, nor do we expect to qo so, I with any interested and honest individual or party to the property, stay long enough to make a thorough and critical leBu n o intended for a bluff but is a I 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 the trip. bona Hue oner maue iu buuu - SMELTER RETURNS Actual returns from ore in carload lots shipped to Taconia smelter: 6.5 tons from No. 1 tunnel, $184.85 net per ton " ..$1188.05 17.72 tons from chute between No. 1 and No. 2, $203.61 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 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 shares of the capital stock. Entire 40 feot 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. of Oriolo Gold Mining Company, a corporation organized under the laws of Oregon, at the pru-e of Fifteen Cents per sliare, and do hereby agree to pay for same as follows: on the execution hereof and the balance in nine monthly installments. I do further agree that time shall ' be deemed the essence of this agreement and that at your opt on you can cancel this agreement at any time after a default of thirty 30) days 2 the payment of any of said installments; provided, that should you exercise such op on, you shall deliver to me such number of shares of said stock as I may have paid for pno. 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 Leland Stanford 25,000,000 James G. Fa;r .... ....... 25.000,000 ; TJ. S. Stratton : . . . . 15,000,000 Charles Crocker;..;.':'.... 20,000,000 Peter Donahue 20,000,000 J. 3. HaKin .......... 30,000.000 Claus Spreckles 20,000,000 Sharon estate 20,000,000 Mark Hopkins .... ..21,000,000 Thos. F. Walsh .... 20,000,000' John W. Mackay 10,000,000 James G. Flood .... 10,000,000 There are thousands of others who have made a handsome fortune in mining. We extend an invitation to all who have made or who desire to make money in mining, to join us. i i i I ill U: u 11