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About The Sumpter miner. (Sumpter, Or.) 1899-1905 | View Entire Issue (July 4, 1900)
THE SUMPTER MINER
SUMPTER, OREGON, JULY 4, 1900.
NO. 4 1
I the Mine Owners club rooms he has es- j THE MAKING OF A MINE. '
(irii.iiiv arranged laoics anu cases lor me i
IN PORTLAND, display of nil ores brought there for ev '
'hlbit, If they are of the rich free-gold
, bearing kind, as is often the case, and as I Extensive Work On Hard
Is now shown in several instances, they
have glass show cases under lock for
their reception. In the same spacious
apartments there are tables covered with
all the mining literature of the day and
big easy chairs galore. The main trading
room where the dallv call is made by K.
F. Peabody, another of the Colorado con-
I tlngent and who by the way, is strictly
.4 ... l.l. !l. If I- ..I.. 1
I mi u uis juiv is corrccuy arrangcu
with blackboards where the quotations
are accurately posted, as well as all sales
made at each session. Railings keep the
curious, as well as the Investors apart
from the brokers in the "ring," and nicely
arranged private offices for the secretary
and directors are partitioned off the large
trading lobby; while a private gallery on
the Poor above, overlooking the entire ar
rangement oelow, Is used by ladies who
seem to take a goodly share of Interest in
The Exchange has among its officers
some of Portland's best and most reliable
men, likewise the committees, which con
sist of a governing, arbitration, listing,
membership and arrangements, each of
which consists of either five or six prom
inent citizens. At least fifty names are
on the membership roll to begin with, for
which each active member, meaning those
entitled to brokers' privileges, must pay
twenty-five dollars in addition to owning
one share of stock (values f too) with
dues of $100 per year payable quarterly.
Commissions are fixed by the exchange
Under J5.00 per loooshares 25 cts per 1000
At 5 5.00 and under 510.00 50
At 1 cent and under 2 cts 75 " " "
At acts and under 5 cts $1.00 "
At 5 cts and under 10 cts $2.00 "
At 10 cts and under 2octs 5).oo " " "
At 2octs and under J5 cts 53.75 " " "
At 35 cts and under socts 55.00 " " "
I At so cts and under 75 cts 57.50 " " "
At 75 cts and under 1 S10.00 " " "
At Ji and under 52.00 515.00 " " "
' At 52.00 and over, 1 per cent on the inn
1 ney. Regular rules, qualifications, penal
ties, etc., are arranged for the clearance
The district south of Portland known as house in connection .vitli the exchange,
the Bohemia mining district is receiving tile regulations of which must be strictly
.1 large share of attention in Portland, and lived up to.
the slocks of several properties located The Mine Owner's Club of Portland is
there arc being traded in, perhaps more 'a separate corporation, having its parlors
than any other listed on the Exchange, in connection will) the Exchange. It has;
nnr. l..-'iiiw. flit nmmnt.rv fir. lir.. mi . ?i rt.irnl.ir hivml .if ilirf-Hnrv. mill nllii'Mri. '
111.11 .'VV..I..X III. J "nil' III. II1.IV .III (II vpf1lt. ''. . .ll.vi"l.i HUM HIIIV.Iil
the ground to perosnally advance their In- and a membership of over si.xtv. It can
terests in this way, a matter that behooves be assured that the Oregon Mining Stock
the eastern Oregon promoters to take ad- exchange has come to remain in Portland
autage of from this time on if they r,x- and that with the necessary co-operation
pect to have their shares changing hands ' of the mining people of the northwest can
hereabouts. be an important factor in the advancement
'I he Oregon Mining Stock exchange of that industry, which will make Oregon
has exceptional advantageous quarters in famous and rich and attract more alien
which to do business, and Is equipped to j tion than any other ot the state's re
offer a home for tlie trading in of any sources. Success to the Oregon Mining
mining stock which will rear reasonable' Slock hxchange. C. II. M
investigation. It should really be the. Portland, July 1.
duty at this time for each owner to send
or bring samples of their mine products
and place them on exhibition, with the J
necessary labels on them, and a supply of J. S. Hughes, superintendent of the
prospectuses for distribution, so that any j Standard Mining company, near Quart-
of the many visitors, whether coming out burg, Grant county, passed through
OREGON MINING EXCHANGE DO
ING GOOD BUSINESS.
Sales First Week 200,000 Shares, Second
Week 332,000-r-Handsomely Furnished
and Completely Equipped Apartments
Commission Charges Good Men
Connected With the Institution.
The past week has demonstrated that
the Portland people will buy mining
stocks, unless the orders to the brokers
were all from out of town. The first call
of the Oregon Mining Stock exchange
opened Monday, June t8, and the trading
for the week amounted to 200,000 shares
in the various stocks listed on the board.
This was considered .1 favorable opening,
and Secretary Hard was satisfied the sec
ond week would be better, and his judg
ment was correct, as is shown by the
tact that 332,000 shares have been sold on
the call, within the week closing Satur
day, June jo.
The stocks listed on the Oregon Ex
change from the Sumpter district at this
time are not many, consisting of the
Alamo, Sumpter Free Gold Mining com
pany, Buffalo, Goldstone Consolidated,
Co-Operative and Oregon-Colorado, at
Quartburg. Of these stocks, the Gold
Mone Consolidated and Oregon-Colorado
are the most active, and several large
blocks of each have been sold. The
Alamo was being traded In at a lively
pace until within the last day or two of
the week, when the management decided
to withdraw it, having sold all they de
sired for present development purposes,
which was the original object of placing
it on the market. I
President McGuigan will leave for
Sumpter at once and says: "If the Alamo
does not make a mine with the present
indications there never will be one in Ore
Hasn't Seen his Wife in Fourteen Months.
of curiosity or for investment, can see and
read about the various mines in which
they may desire to invest. Secretary
Hard, who is in charge here, comes from
the Colorado country, where mining ex
changes are a part of the most important
enterprises of that gold producing state,
and if any one can make the Oregon
Mining Stock exchange a success it will
be accomplished under his guidance. In
Sumpter the forepart of the week, on Ills
way to Pendleton, to get acquainted with
his wife, whom he has not seen for four
teen months, and spend the glorious
Fourth w ith his home people. Mr. Hughes
reports the properties as progressing very
favorably in development work. This
was formerly the Copper King and is the
property in which Marshal Houser is interested.
Word has been received here that Or.
E. Pittwood, the mining man of Spokane,
has decided to rush development work on
the Hardscrabble group, of which com
pany he is the president. Superintendent
Roland, who knows his business, is in
charge of the work.
This is gratifying Intelligence, because
this property bids fair to make one of the
best mines In the district. MlNl:R readers
will remember that when work was first
begun on this property last fall, high
values were encountered in a good body
of ore very near the surface.
The group, consisting of four claims, Is
situated just west of and adjoining the
now celebrated Free Coinage, on Silver
creek, seven miles from Sumpter. Some
weeks since there was mentioned In these
columns the fact that two ore chutes had
been encountered In the latter, carrying
unusually high values, and that the Free
Coinage was then pronounced by mining
men to be a million dollar proposition.
This rich ore body Is about 1 50 feet from
the east line of the Hardscrabble and the
same ledge runs 3000 feet through its
There is, therefore, scarcely a doubt but
what this will soon be a mine, and a
valuable one, for It will be worked Intel
ligently, and the company is said to have
ample means with which to carry out Its
Second Payment on Bald Mountain.
In this city yesterday, Harry S. Mc
Callum, treasurer and manager of the
Raid Mountain Gold Mining company,
paid to R. C. Haywood, representing
George W. Newman, of Emporia, Kan
sas, the sum of $20,000, being a second
payment on the purchase price of the Raid
Mountain mine, situated about seven
miles northwest of Sumpter, and in (.lose
proximity to the well known Ihex mine.
I lie ham .Mountain ijoid Milling com
pany is composed of Rostou, Lowell and
New York capitalists. The Raid Moun
tain was purchased about a tir ago,
since which time extensive development
has been prosecuted. A large hoisting
plant Is on the property and as depth is
attained the ore bodies improve in value.
They Will Buy a Mine.
Simon Lane, of Roseburg, after several
weeks spent In and around Sumpter, left
Saturday for his home to celebrate the
Fourth. I-'. I'. Hogau, of Spokane, a
brother-in-law of Ar. I.ane, was here for
a few days and departed for home the
same day. I hese gentlemen are well
pleased at the mining outlook hereabouts,
and while it has not yet been definitely
settled, they will 110 doubt soon consum
mate a uejl for valuable mining property
within a few miles of this town. Roth
will return to Sumpter in the near future.
John Kerry Returns North.
John Kerry, who has been in this dis
trict for several months past, left yester
day In response to a telegram, to accept
his former position as superintendent of
the Sunset mine, the great copper property
In Snohomish county, Washington. This
company "went to pieces" some months
since, but it is stated that New York
money has been invested In the mine and
that it will now be systematically worked.
1 Mr. Kerrv says that this is the greatest
I gold mining region he has ever visited
1 and that its production will In a few ears
startle the world. Like all other good
miners, In- Is of the opinion that new men
and improved methods will accomplish
this result. He has Inspected most of the
big mines in eastern Oregon and is es
pecially favorably impressed with the
Columbia and Ibex; says the former Is
the making of one of the best mines on
the continent and ought to produce a
million a year.
Luhrman Convicted of Manslaughter.
The case of J. G. Luhrman, who killed
William Wlesman In Sumpter some
months ago, charged with murder In the
first degree, was tried in Raker City this
week. He claims that he acted In self
defense. He was on the stand Monday
and told how Wlesman had "pulled a
gun" on hhn and threatened to shoot him,
In a disagreement over a settlement, three
or four days before tlte fatal day of the
shooting; how he had endeavored to have
him placed under bonds to keep the peace;
how Wlesman had continued to be abus
ive and threatening up to the hour of
their last quarrel when the shooting took
place. He testified that after words had
passed between them Wlesman said "I
will shoot you full of holes" and made a
move as if to draw a gun, when he .shot
but missed him; Wlesman jumped to one
side, when he tired again with better aim.
At that time his testimony was dramatic,
as when describing how Wirsman acted
when shot he reeled and fell to the floor,
showing to the jury how it happened from
his point of view. He claims that as
Wlesman fell he dropped his gun which
he had got out of his pocket after having
been caught hi some way. He
claims that Wlesman would have
killed him hid he not shot first.
A telephone message was received here
yesterday stating lli.it the accused was
convicted of nianslaughter, the verdict
having been reached at 5 o'clock in the
morning. He will be sentenced tomorrow.
Town Council Proceedings.
At the meeting of the council S iturday
evening, twenty liquor licenses and our
music hall license were granted, netting
the town something oer 5j,ooo for the
quarter. 'I he committee Instructed to
submit an ordinaiue on lire escapes was
given another week in which to report.
No action was taken 011 pending ordin
ances. Invitations were re id from Raker
City and lleppner requesting olluials to
attend the Fourth of July celebrations in
those places. The meeting adjourned un
til Monday evening, at which time
nothing was done except to request the
mayor to ascertain what Is the usual
water meter rates.
Meeting ol the School Board.
At a meeting of the school board last
I liur-day, when J. N. Dame took his
seat for the first time, W. M. Sutton, of
Spriuglield, was elected pilnclpal of the
schools. He had been highly recommend
ed by the president of the stale normal
school and by leading citleus -of Spring
field, where he has taught four years anil
re-elected for the fifth time. Miss Meyers
was elected assistant principal. 'I he re
signation of Miss Dora Perry, in charge ot
the primary department, was accepted.
'I his vacancy has not yet been tilled.
Welnhard'r. beer on draught at Henry
Finger's; 10 cents per glass.
On your way to or from Rourne remem
ber the Roadside resort of C. H. Rarnard
can quench your thirst and satisly your