CENTRAL POINT AMERICAN
A * la de p e nd e st Wee kly Paper Piibliikt^ al Caalral Palai, O regea . a»<
Ea tered Thursday af each week la the P e . t a f f l c e th ere of a* Sacaad Claei
Mattar
JOHN B. SftKLKY »nd NETTIE B. SHKLEY, Editor*
CLARENCE 8 BELEY, Bualnaaa Manager
SUBSCRIPTION RATES
11.00
Si* Month*
Una Year
13.00
All Subscriptions Mutt Be Paid in Advance
Advertising Rata* Glean on Applicatfea
THURSDAY, FEBRUARY 25, 1926
MINING NEWS
Edited
by
Southwestern O re go n Mining Bureau
F A R SE E IN G BUSINE SS MEN O F
N A T IO N F I O C K I N G
TO
TH E
MINING IN D U ST RY.
By Frank E. Johneaae
The year 1926 should *ee a pros
perity tn Idaho directly traceable to
the revival of mining, that is unpre
cedented in the state. Mining it) on
the upgrade, improved metallurgy
and satisfactory market conditions
are responsible for the revival.
The automobile industry and its
allied business are responsible in a
large measure for the present mar
ket prices on zinc and lead. It is
perhaps unknown to a large major
ity of people, but the fact remains
that the tire industry alone is taking
a vast amount o f zinc that is being
mined in this country. The storage
battery business, likewise, is using
a large portion o f the nation’s lead
supply.
Mining
THURSDAY FEBRUARY 25, 1926
CENTRAL POINT AMERICAN
PAGE TWO
More Profitable
The most aggressive and farseeing
business men o f the nation are now
flocking to the mining industry. Big
capital, in this new epoch o f scien
tific mining and milling and high
metal prices, realizes that the great
industry offers profit possibilities not
possible in any other line o f en
deavor. Small investors are putting
their idle dollars to work in new
development projects, for they real-
ize the *ruth of the oft repeated say
ing that one good mining investment
is worth a lifetime o f labor.
Government reports tell o f the in
tense new mining development in the
mining states of the Rocky Mountain
region. A year from now the full
effect o f the present revival will be
more in evidence in these reports
with production and dividend figures
shotting a large increase over the
figures of today.
A new crop of mining millionaires
is now in the making. Pioneers o f
the mining industry opened wealth
that made possible the great mining
centers of Denver, San Francisco,
Seattle, Salt Lake, Butte, Spokane,
Reno, Tonopah and scores o f cities
and towns that are again the cen
ters o f this big mining revival.
Capitalists o f Colorado have just
organized a $10,000,000 company to
enter the mining fields o f that state
and develop the underground riches.
Greatest Business in the W orld
No business in the world today
offers a greater opportunity for sen
sational profits than does the mining
business. The great manufacturing
industries are feeders for th? mining
business. Capital goes where the
largest earnings arc possible. Capi
tal is now going into mining in
greater amounts than ever before.
New mines are being discovered
xnd aid min** nr* being op*n*d in
th* Rocky Mouatalr region. ThU 1*
ha result of n*w pro*p*ctlnf MMM
by th* worid demand for fold, »11-
vet, copper, lead and *inc. The rock-
ribbed Rockies are the world’s store-
house of these metal*.
Old time methods are In the dis
card in thin present day o f new op
portunity. Propertie* which wer*
failures under the mining, transpois
tation and treatment method* of 10
ears ago can now be made to yield
andsome profit*.
The million* o f quirk profits which
a mine can produce are out of all
proportion to the small capital in
vestment. It is the rule and not the
exception for a mine to show profits
in the thousands o f per cent, if it
makes gbod. The investor or spec
ulator will make a big killing even
though he fail in ten such ventures
if only one in the end succeeds.
S
’ ’ Su cker
Prices”
Cones
A litle advice to owners of mine
and prospects: Never in the history
o f mining in southern Idaho has the
time been more auspicious for the
owner of a partly developed mine or
promising prospect to do business.
Never in the history of mining in
general has the call for new prop
erties been more urgent, and never
has the same persistent and intelli
gent effort to develop and improve
mines been made.
The value o f an undeveloped mine
or prospect is at best an uncertain
matter. From long years of associa
tion an owner may establish a price
for his property that seems prohib
itive to others. If the owner is able
to do the work necessary to make
his property worth its price, all well
and good. If he is not, and it takes
"big” money to develop a mine, he
should then do the next best thing
and that is permit another to do the
work and to share in the profits
therefrom.
The days for “ sucker" prices are
over. Mining is now a highly spec
ialized industry and as such func
tions in keeping with the changed
conditions. A prospect must have
some definite value before it can be
made attractive to a mine builder.
Many men fool themselves in the be
lief that years of “ hanging on” to
a mine or prospect represents capital
invested. It does not. It represents
delayed realization.
Get down to earth. Either make
your mine or prospect worth your
price to others, or give others a share
in the profits for doing this for you.
— Mining Truth.
*
*
*
Southwestern Oregon is beginning
to feel the mining movement, and the
outlook for 1926 is very promising.
Much depends on the attitude of the
prospect and mine owner whether he
will reap our full share of mining
prosperity at this time or not, but
with a disposition on the part of all
to do business on a good sound busi
ness basis, with due regards for the
rights o f others. Mining capital will
continue to flow into this district in
increasing amounts.
m a
.almWarT J / *v. ?,?
A :* -* ’
11 f m
it doeen’t e*»m to violata anv i s «
covering h 1* of »«curitlo*. If m*n
can b* found to cay a dollar for a
tenth
Interest
« ..........
......... -v In $6.20, the promot-
ere stand to make a clean-uj)
We don’t hear anybody yelling for
ord Motor C
<
abolition of the Ford
Com
pany, however. If this deal involved
shares in a mining company all the
blue sky fanatics bstween Olmpia
and the District of Columbia would
he yelping about “ protecting the pub
lic from mining frauds.” — Mining
Truth.
_
COMMUNICATION
G ood Tool
Winchester tools are renowned for that "balance,”
“ hang” and "fe e l" which immediately tells you they are
worthy companions on the job.
&
Hand S a w «
Made o f high grade steel. Evenly
set teeth sharpened for fast,
smooth rutting. Seasoned handles,
carefully hung.
Winchester Hammers have forged
heads held tight by patented inter
locking wedge*. Nicely balanced.
All popular weights.
$ 2 .90 - $9.00
9 9 c — $1.79
Money Talks
in Every
Language
H AY — G RAI N — SEED — WO O D
Phone 41 Store
WE BUY POULTRY
.
JESSE L. RICHARDSON
Central Point
“ YOUR
FACE
.
IS G O O D ,
.
.
B U T IT W O N ’ T G O
REGISTER
Oregon
IN T H E
CASH
W e A r e M a n u fa ctu re rs o f
DOORS, SCREENS, WINDOWS AND SASH,
WINDOW AND DOOR FRAMES, MOULD
INGS, CABINETS OF ALL KINDS
Our Constant Aim is to Keep Our Quality and Prices
Absolutely Right. Do Not Order From Out-of-Town
Concerns Before Letting Us Figure on Your Bill.
TROWBRIDGE CABINET
WORKS
A MODERN MILL
Medford
Oregon
FERTILIZERS
SULPHUR — LAND PLASTER — SULPHATE
OF AMMONIA — SUPER PHOSPHATE
(Mixed Fertilizers for All Special Crons!
M ILKM AKE —
SPREAD
EG G MASH _
H n rriT «
(All Pure— No Fillers Used— B. .t for
ECONOMY
TS
PEERLESS—That exceptional baby chick Mash
Baby chick Scratch— Pure«t for less— Every feed
for the Poultryman,
(W e do Grinding. Steam Rolling, Cleaning)
ASK I S ABOUT Y O U R FEEDING PR O B L E M S
W. C. Leever
"WINCHESTER
MOVING
Central Point Feed Store
Various "investment” companies
are offering “ bankers’ shares or
WINCHESTER DOUBLE BIT AXES— Keen edges of units o f interest in the Ford Motor
o f Candada. Ltd. At the
Special Steel. Heads perfectly balanced. Handles of Company
price asked, the shares themselves
second growth Hickory; two double interlocking wedges. would bring $1,000. although the
book value is only $.'17t and the mar
Patterns popular with woodsmen.
ket quotation is $622. The compan
h.
ies sponsoring this campaign can buy
$1.45—$3.50
shares in the open market at $622
and net $1000 by the fractional sales
plan.
Ford Motor o f Canda. which is a
subsidiary o f Henry Ford's great
auto industry, announces that it has
nothing to do with these fractional
sales. If the dividend rate is the
same as that which has prevailed
I buyers will receive only one per cent
I on the purchase price.
The whole scheme mal be legal—
the
Phone 54 Residence
— Local and Long Distance Hauling—
L. A. Levensaler, mining engineer
connected with the American Smelt
ing and Refining company, has been
spending several days in Southwest
ern Oregon investigating the pro
gress o f development of our mineral
resources. Mr. Levtdlsaler visited the
Almeda and other properties while
here, and it is understood that he
will return within a short period to
spend considerable time in the dis
trict.
J. W. Wenzel, mining engineer o f
Virginia City, Nevada, who spent
some time in the district in Decem
ber, 1925, has returned to continue
his investigations.
Work continues at the Mount Reu
ben mine under the supervision of
Engineer Bailey. The long tunnel
is now in 4650 feet, and is believed
to be approaching the vicinity of the
big Utica vein, the survey showing
same would be cut at that distance
if found to be in place. The depth
at this point is upwards of 2000 feet.
A great deal o f interest attaches to
this development, owing to the depth
attained, and the progress of the
work is being closely folltfwed by
min ng men ov. r the entire Pacific
COi it.
Reliable publicity of our mineral
resources is a valuable asset, hut
publicity not backed up by facts is
a serious detriment to the develop
ment o f mining.in this district. The
basis o f good advertising is a simple
statement o f facts— such advertising
produce* result*. Publicity designed
to ensnare the unwary and the in
experienced is wholly unwarranted
and does not have the sanction o f the
Southwestern Oregon Mining Bur
eau.
Dress up your property and place
it in shape to show to the exper
ienced mining men. Many of them
will come to the district this spring
and experienced mining men always
like to inspect properties that are
kept up in shape.
SOME
NOTICE
There has been a rumor started by
a certain party in Central Point that
I have charged for part* that were
not used, and labor that was not
done on cars.
Anyone that can prove that I have
done this will be paid $5.00 cash by
me, if they can show me.
I have dealt honestly, as an hon
est man can, and expect to continue
to be honest.
Editor Central Point American,
Dear Mr. Editor:
Sa, I gist want to say Whoopee!
Thems my sentiments all the time.
Sa, the Biggest Thing in the Rogue
River Valley is a gitten’ bigger an
bigger *ve~ day.
Didja see our “ Headquarters” ?
INDEPENDENT GARAGE
Yea, we’ve done opened up a head
C. T. Genzel, Prop.
2t
quarters, to be kep open 7 days uv
the week, fer community service.
Watchmakers,
Jewelers and
We desided that the folks what
“ THE TR E A SU R E H O U SE ”
live rite here in our valley ouhter
(Long Famous for Diamonds)
have the first chanct at the work Use Our E a s y Payment Plan.
uv this country. An so the Biggest
Confidential Credit System
Thing has got behind the proposition
REDDY & CO.
uv a gitten the employers an em
Main at Central
Telephone 81
ployees uv the valley together fer
Medford, Oregon
common good. And I say it’s a fiae
thing.
I see the teacher uv> the Biggest
Thing an he sed, sed he we’ll have
our forms out an ready to sine up
all applicants fer both work and
workers in a few days and he sed,
sed he, Sa Booster, I want ya to
git out around here when ya haint
got nothin else to do, sez he, an git
Also, yo u have more m on ey if
in a loud job o talkin’ sos ever body
yo u let it talk— by go in g to the
kin git in on this yer effort, an help
us to do this job in a way thet has
place where you can save more o f
the Central Point ring to it, by gum;
it on y o u r repair bill.
an I sed sez I, I sure will, sez I.
Sa didja hear thet feller “ Bear
T r y the I N D E P E N D E N T G A R -
Cat” what’s a preach/n at the Church
A G E fo r G uarante ed work and be
of Christ? Well he sed sez he, Christ
con vin ced.
ianity is the pure gold o life, an
its the only ieagel tender acceptable
C. T. G E N Z E L
at the bank o heaven. Sa I reckon
the little ole home town’s got her
(The Man Who Knows)
share p that gold haint she. Last
Sunday they wuz 447 people in the
We do
Bible classe o the litle ole town.
A C E T Y L E N E W E L D IN G AND
The Federated school had 205, the
Christian school had 126, and the
BRAZIN G
Biggest Thing had 116; when we git
L O C A L MINING N E W S
O ne H a lf of the Job is a
that new high »chol up *n a goln’
I reckon w»*l h*v* th* hull *Ut* o
Oregon skun fer rellgeon an edie*-
tion, an I tiger them* the most ecent-
ual things that make a town.
Yes» sir, I’ll »a we’ro the peeple
and are a goin’ to be respected.
Well so long, Mr. Editor,
B. A. BOOSTER
store
Medford
I
Farm Pureau
Co-Operative Lxchange
Oregon