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About Independence enterprise. (Independence, Or.) 1908-1969 | View Entire Issue (April 8, 1910)
PACE THREE . INDEPENDENCE ENTERPRISE. INDEPENDENCE, OREGON. APRIL 8. 11 1910. STF1 ViiiiiiHiiiia vy, i Orego Corporation Property in Josephine County, Oregon Oriole MQ CAPITAL STOCK $1,000,000.00 OFFICE: 304 Untied States National Bank Building, SALEM, OREGON B. F. Rowland, President, Salem, Or. J.C.Mattlsoo, Vlct-Pro... Grant Pass. O. S. Blanchard, Sec, Grants Pass. Q. W. Donnell, Treas, Grants Pans. SMALL SUMS THAT MADE FORTUNES Small sums Invested In mining have over and over again resulted in bringing substantial fortunes to the fortunate Investor. ' In 1802, Morris Yentel. of Moscow, Idaho, a merchant tailor, received in pay mont for a suit of clothe. 6000 share, of Le Rol Gold Mining Company's stock; in 1897 be received for the same $8.00 a share and accrued dividend, amounting to $60,000. ' in the early development of the Le' Rot" mine a certain well known St. Paul gen tleman bad bl. check written for $5000 to pay for a one-fifth Interest in the prop erty but bis friends .persuaded him not to take it. A few months later, as is well known, the mine sold in London for $5,000,000. The advise of his Wend, just cost tilm $1,000,000. ., ' Marshall Field paid $625 for a small share in mining stock and afterward, re ceived $600,000 for hi. interest when the mine was .old to a syndicate of capitally. Cecli Rhodes, the millionaire miner and broker of South J death, said: "I speak advisedly, and say wbat every man who h r to be the truth, that less money is lost proportionately in mining than in any other business in the world, and larger fortunes are made in mining stock. Uia. xb- lness or any Investment on earth. A good mining stock will pay the investor more eas y 20 30 40. and 100 per cent annually than municipal bonds, railroad bonds and .to ks or government bonds can possibly pay 5 per cent. Money invested in good mining .lock is safer than a hank, than In mortgages, railroad securities mun cipal or SveJLent bo" ds The security of good mining stock Is the raw material of money Self? Tis 2 . stuff at whose feet governments, cities, banks, railroads, mortgages, land corporations and all forms of business kneel." r PHB RBASGN-'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, it 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 .eem reasonable pn 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 ipatlon of its advance, why he does 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 rmm?r.7ecrause it is cheaper, why he does notJuy it himself . .d soU t later a . . . .., Hnrrtlv fnr the very kooq ana sumcieni. reuU .ui, a higher price? Hardly, ror me very B advise were not acted upon, would have sufficient capital for the purpose, and, If the advise were not. an u uy reUher pa ty would be benefitted. Mining stocks are offered to general inve tors ; be cause one mal has not sufficient capital to successfully operate the property, how ever valuable the property might be. Is: the Best Sort Gommeroial Mini 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" feature.. Everybody Wants to Mine And of course you do. and under the most favorable conditions, where the ele ment, of uncertainty have been narrowed down to the very minimum, and where you should soon -Me results". If you want to do commercial mining "la the ground and want to go after big game, here ls your chance. Proposition Should be Quick iueu. vToo.c .v.i t t thi nronosltlon. scale. le Two directors are giving an ineir.uw w important Jr hnsv now-oh. yes. of course-but not too busy to attend to IMPORTANT wimrPTjioQ .ni this is "important". mAi Buy ORIOLE to hold, to speculate on, or for results . TAKE UP THIS BONA FIDE OFFER . . w w are willing to make the following offer: We will go . . . . --t tr.r the nnrnnna nf selllne stock, nor do we expect to do so, Dut we rnortif Is not in every We have not yet p w . . t,h.rmih and critical examination or every v-. " , . with any interested and honest individual or party to the property, stay long en t0..0. tlme spent on the trip. This U 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 bona fide offer made in good faith. SMELTER RETURNS' Actual returns from ore in carload lot. .hipped to Tacoma smelter: 6.5 ton. from No. 1 tunnel. $184.85 net per ton . $1188195 17.72 ton. from chute between No. 1 and No. 2, $203.84 net per ton .... .... ....$3608.50 15.47 ton. from No. 2 tunnel, $224.58 per ton ...$3475.V1 Total, 89.31 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. W C. Entire 40 feet in No. 2 tunnel as say $23.40 and $27.60 per tonk 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, show, assay value $785.80 per ton. I d0 hereby agree to purchase from you "hares of the capita, stock ' of Oriole Gold Mining Company, a corporation organized under the laws of Oregon, at the price o Ftfteen Cents per share, and do hereby agree to pay or same as follows: $ on region h'ercof and the balanc this agreement and that I do further agree "'JtrtnT time after a default of thirty (30) days shall deliver to me sucn numDer oi u. - - - - - default at said price of Fifteen Cents per snare, u you uch MADE MONEY IN R. Hearst esta.e . . Huntington Leland Stanford . . . . . James G. Fair .... ... U. S. Stratton .... . Charles Crocker .... . Peter Donahue J. B. Hagin ? Claus Spreckles Sharon estate Mark Hopkins .... F. Walsh .... . W. Mackay . . . . ; James G. Flood .... Thos John MINING ...$40,000,000 ... 35,000,000 ... 25,000.000 ... 25,000,000 ... 15,000,000 ... 20,000,000 ... 20,000,000 .. 30,000,000 ... 20,000,000 .. 20,000,000 . ..21,000,000 ... 20,000,000 ... 10,000,000 ... 10,000,000 Name Accepted .... 1 Address President. 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