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About The Sumpter miner. (Sumpter, Or.) 1899-1905 | View Entire Issue (Feb. 21, 1900)
Wednesday, February 21, 1900. THE SUMPTER MINER. BUY MINING STOCKS. Best Investment for Small Amounts of Money. There is no method yet devised that will develop and advertise a mining dis trict like a well directed stock company, for it has made the Great West what it is today, a wonderland of wealth, and it is destined to become the chief factor in the development of the Sumpter gold belt, which is soon to become one of the most permanent and marvelous producers of gold in America, if not in the world. Nothing can stay the tide except the un w ise and often foolish attitude of many claim owners, or an universal earthquake. These men stand in their own light and are, unconsciously perhaps, a detriment to the whole district as well as themselves. The owners of prospects in other sec tions will not think of bonding a mine if there is a chance to stock it, well knowing that the probability of realizing quick cash returns on stock is far greater than any plan yet devised. Every holder of stock in a mine, from Maine to Florida, natur ally has a good word for that particular property. This In itself Is one of the most powerful advertisements known. Opening up a mine by the sale of stock N purely a co-operative plan applied to mining, which is in operation in all of the great gold fields of the world to an extent unparalleled in the history of mining af fairs. If a "Doubting Thomas" can be in duced to buy a lot in anew town, heat once becomes a hopeful advertiser. On the same principle, when every man, woman and child at home and abroad hold stock in the mines and prospects of any district they at once become active and effective agents for the success of the whole camp and every mine in it. They are absolutely the best advertisement known for bringing mining resources to the front. They write to their friends, who in turn tell others, and so the word goes to the four points of the compass. There may be other mining camps, but they are Interested in Sumpter and thus prospects are made into dividend paying mines without much loss to any individual. This method places the merit of every prospect and the whole district before the investing public of the world. The period of evolution from a cranky kicker and a knocker to a useful and en terprising miner and citizen is very short by this route. Buying mining stock means the opportunity to risk a little with a fair chance to make big profits. As a rule those who habitually invest in stocks do not put all their eggs in one basket, but often hold stock in a number of mines, thereby Increasing their chances of win ning. It Is an interesting fact that eighty per cent of the American people speculate in some form; they know that no class of stocks or securities have stood the test of recent panics like those of mines. A most interesting fact is this; that every necessity of life today is controlled by a trust, except the gold and silver mines of the West. This is about the only great Industry left In which all classes can be come interested, with a large or small out lay with more than a fair chance to win. A mine is not a ready made affair to begin with, thev have to be made, they grow from good prospects to paying .properties by the application of good sense and hard work. They can be had ready made, but like other established affairs, they come very high. Profits can not be expected from amine without dead work in the way of exploration milts and ma 'chinery. Like the railroad, the roadbed and rolling stock must be bought and put in motion before a dividend can be ex- Again, if 5000 people contribute Jio.ooo to make a mine, even in the event of fail ure, little distress is caused, and there are far less regrets to the owner or promoter of a deal than if a few friends had sacri ficed all they had. The only thing a stockholder should and can guard against is to see that the funds obtained by the sale of treasury stock Is used to develop the mine, with intelligent direction, and Is not frittered away on useless or unnecessary officials and needless expense. Failure and success are associated in every great industry, wherever men di rect their efforts. The average rate of success in mining will stand the test with any other line; with the additional advan tage over all others that every producing mine gives an increased wealth to the world that did not exist before. It has been ably said that mining "pays well, pays the greatest portion, pays the great est profits, and pays in the greatest va riety of ways of any business Into which men put money, time, muscle and brains." Mines were the foundation the whole West and the future Inland Empire. The trail of the American prospector was in the van of what now is and cities yet un born. It is the stimulator of great hopes. It built Denver, Spokane and all the great camps (hat surround them, and would build Portland and Raker if they allowed It. It will build in Sumpter a city that the mining world will be proud of. JOHN F. 1.1-LAND. ADLER'S Crystal Palace, Is now ready for business ....WE CARRY.... Stationery, Books, Musical Instruments, Pianos, Organs, Etc. Photo Supplies and Periodicals. Granite St., SUMPTER, ORE. Sumpter Bottling Works & jt j j j Gagen & Sloan, Proprietors. Manufacturers of all kinds of car bonated drinks and ciders. Or ders filled and shipped on short notice. jt ji j j aswmmmtmmmwmrmmmmmt&f O. C. McLEOD R.C. PENTI.AND 0. C. McLEOD & CO. Real Estate and Mines. WE have control of the best Real Estate proposition in Sumpter, and our offer ings are at BED ROCK figures. We sell, lease and rent properties. Our s ecialties are bargains and we do business on a strict com mission basis. GELLATLY'S ADDITION We are exclusive agents for this property, adjoining the townsite at the head of Granite street. The lots are placed on the market at the opening price of 50 per lot for a short time only. Buy now and make 100 er cent profit. MINING PROPOSITION. Purchase price, 5000. A working bond on a promising group of claims near Sumpter. Devel opment will justify purchase at live times price asked. Surface showings of high value. ! O. C. McLEOD & CO. E g: SUMPTKR, ORHGON. Capital Hotel THOS. K1LPATRICK Proprietor Centrally Located. Headquarters for Electric Lights. Commercial and Newly Refurnished. MIiiIuk Men. Free 'Bus and Bag- Passengers Waybllled gage Service. To all Points on Stages. SUMPTER, OREGON. The Triumph Cigar IS THE World' Best Havana Cigar. FOR SALE EVERYWHERE. CHAS. I. FLYNN & CO. - Manufacturers Jiected. I .SUMPTER, OREGON