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About Independence enterprise. (Independence, Or.) 1908-1969 | View Entire Issue (April 1, 1910)
DtriNOINCI INTtWMHt. INOtHNDiNCl. OH1GON. APRIL 1, 1H0. PAGE THRCK EIGHT PAOti IN Go. ttriA Ifliifn? V tmJt iiiiti JL1 ill Ai ?z Oregon CorporationProperty in Josephine County, Oregon CAPITAL STOCK $1,000,000.00 OFFICE: 304 United States National Bank Building, SALEM, OREGON P. F. Rowland, Pretldeut, Salem, Or. J.C.M.tU.oo, Vlce-Pre., Crania Paaa. O. 8. Blanc-hard, Sec, Granta Tana. G. W. Donnall, Trea... Granta I'mi. SMALL SUMS THAT MADE FORTUNES Small auma Invested In mining have ovor and over again resulted In bringing substantial fortunca to the fortunate lnveator. In 1892, Morria Yenwil, of Moacow, Idaho, a merchant Ullor, received In pay ment for a ault of clothea 5000 aharea of Le Rol Gold Mining Company', atock; In 1897 he received for the .anie $8.00 a ahare and accrued dlvldenda amounting to 160,000. - In the early development of the Le Rol mine a certain well-known St. Paul gon tleman bad bla check written for $5000 to pay for a one-fifth intereet In the prop erty, but hia frlenda pereuaded him not to take it. A few month later, aa ia well known, the mine told in London for 13,000,000. The advise of hia frlenda Juat cost bim $1,000,000. Marghall Field paid $625 for a email share in mining atock and afterwards r celved $600,000 for hia interest when the mine was aold to a syndicate of capitalists. Cecil Rhode., the millionaire miner and broker of South Africa, shortly before , hi. death, .aid: "I apeak advisedly, and .ay what every man who haa Investigated know, to be the truth, that les. money ia lost proportionately in mining than In any other bualnea. In the world, and larger fortune, are made In mining atock. than in any bus Ines. or any Investment on earth. A good mining atock will pay the investor more easily 20. 30. 40. and 100 per cent annually than municipal bond., railroad bond, and .took, or government bond, can possibly pay 5 per cent. Money Invested n good mining atock I. safer than a bank, than in mortgage-, railroad aecurltles mun dp. i or government bonds. The security of good mining atock i. the raw material of money TJi it I. the stuff at whose feet governments, cities, banks, railroads, mortgages, land corporations and all forma of business kneel." GOLD MINING 8TOCK8 ARE OFFERED FOR SALE. Why is It necessary to offer any prominent mining atock for general subscription? Why do not local capitalist, secure the entire issue, If It promisee 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 aeem. reasonable on tholr face, yet they are erf--.,ely unreasonable and illogical. Would you ask your grocer, when he art you to buy su; flour in antic ipation of its advance, why he does not hold it Ulmself and make profit? Would you ask your coal dea!er, when he recommend, , yot , to ; , J in a"Theerr' TZTLToXe very probably neither lJZ for therpose, and. if th .advise - - - .thr nartv would be benefitted. Mining siocks are uuC,cu ----- - cause one man haa not sufficient capital to successfully operate the property, . ever valuable the property might be. how Is ttie Best Sort Oommeroial IxCinir Maximum of Safety This proposition, as we see it, is the best sort of "commercial mining" and is the most attractive kind for the "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 "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 This proposition should be quick. We're in the ore. All pre-or ga f" tiona have been taken. We have carefully selected our officers and directors. Not onTof them is in an; sense a speculator but all are conservative .ubstant.al business one of them is in any sen v u,i sh rtpvelnnine- on an extensive i We are free to concentrate on muus. wvv"- . . e Two directors are giving all their time to this proposition important 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 . men scale TAKE UP THIS BONA FIDE OFFER t a hut we are willing to make the following offer: We will go We have net yet paid any one's expenses to mine for the purpose of selling stock, nor do we expect to do so D e part and lf the property is not in every with any interested and honest individual or party to the property, stay long enough to make a thorough and critical e 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 the trip. ini. bona fide offer made in good faith. , . . SMELTER RETURNS Actual returns from ore in carload lots shipped to Tacoma smelter: 6.5 tons from No. 1 tunnel, $184.85 nt ror ton .... ..$1188.95 17.72 ton- No net per tor 15.47 tons ft r, $224.i8 pc t Total, 3y..u f $210.42 net per .on TEAR OFF THIS BLANK AND MAIL IT TODAY WITH YOUR REMITTANCE, .1910 Mr. B. P. Rowland, President ' Oriole Gold Mining Co., Salem, Oregon. 'S08.50 .-,73.16 I do hereby4 agree to purchase from you shares of the capital stock Oriol. Fiftef 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. ,I Mining Company, a corporation organized under the laws of Oregon, at the price ...t. hr and An he' i " aeree to pay for same as roiiows. i 1LIUI '. ulo y' i - , . . -j ii. i.i.,., in nino mnnthiv installments. i . 'if execution nertoi buu iue uaw u u...v -- 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 in Se payment of any of said Installments; provided, that should' you exercise such option you shall deliver 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 Leland f Stanford ........ 25,000,000 James G. Fair .... .. ... 25,000,000 U. S. , Stratton Charles Croc'" Peter Donahue J. B. Hagln d.aua Speckles Sharon estate Mark Hopkins ,J00,0v Thos. F. Walsh 0,000,000 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. r