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About The Sumpter miner. (Sumpter, Or.) 1899-1905 | View Entire Issue (Aug. 8, 1900)
..fflpdnesdayugust 8ripop. -?i sifter miiver. ,-;7 MWi-iwriwniii'm in JMiM .1 m ari-iwraiTv fcw QUR STOCK OF GOLD. II Estimates Have Beh too High Says Director of the Mint. George RobeRs.idlrectpLif. ,il)enjlnt, cn!illifr nf lli tirhhiKU mrvllfi'fitlnn nf -r-""f. - I-..'. -....... -., the present estimate. of the block-w gold in the country, said, according to a press, dispatch of August 4: - - "Someinoditjca.tioii pf the present esti;, u'b'tjfevylljplmaVeii,!! jresit' ol antcxtenUrd Inquiry that Is-rxrliiKiiiaJe byUr1st)u7eautrtd'by'lftU., 'Mllhllrlari'Of; the New.. Ylfk vli&'ttesfsbf yr 'Tlie .brlt'-1 lnal ,.W.t,9fr.M?-itre;sury) sUuiate, If a. compilation (Kaderby-Dr.t Linderman.vdi- recto'r of the mlnt'lrti8M.',,GoM was then' at aem1um',an,d,;n,ot lnvHiifaV clrcu-' latloru, .rieook thpajnujt),lnse1trWf, ury ndt-ilnirnaUoitltbaiKfi jtuitUn.ddedi 20,000,000 for circulation on the Pacll'rty coast and $10,000,000 (of. the. other banks aim noards. in a 000. , ...... ..... -...,... -..... previous estimate as :i result of revision probably will be between 550,000,000 aijd if 100,600,000. ' ", "f ' 1 " These changes, spread over" the esti mates.for 25 years and chiefly prior to '1885, signify nothing as to the available "resources of the country. They alter the calculations to tliej hidden hoards, but they-arenof a-pnrfnf the active stock aiid;are,not even-, available in the time bf "ne'eaTrdf'hdTi'rds" Increase instead of dj frWMsh at such a 'time. Reductions do "not alter the figures 7or the great increase '. livour'stDck in. irecent .yeari but rather emrtKaslzHttfor''the' aMdltlonVare made WtferW-bVdbVrilon ibWe-Wrlil stock Si. it '". V ' . "' ! (1 'I '". J i H?ie?'U?'ieor,.pe.stpc,lf)n,(rtugui 1 List wasJst,o;,o82,o8zt andjmr.the entire ibo.oo6o ' was "tiedoctetf'ci'he stock wouiaVemilri'o'tfe?' ceW'abo.vVJ what . It w,as,,fourryears,agoir ,, ,;-,a - Tlte jnquiyiato'theexnnstock is of villi ftfr tatls1lcril ahdcdmrntrntlve pur whether or not the country has 'geld ms.oocv i I H f coinage and thMmpoitsilfi domist and subtracted the recoinagetjie exjpor.ts and an estimated sum for ttiftsumptlorr In 'tWtfart,'THe'tesilt is the current estjmatejjivt ggid, in, the treasury, and "Th'trie national banks comprises only part of the stock that can be actually counted. "At the date of the last reported state .,'JWi.UVi 11k .nallfliwl haiiKiSi April w, this tail goes wllh.tjje orthosemTstbiouVdi 1000. their holdings, .were f1gs.7Oo.872. The treasury hoiairlgl'Mhy:iwere ffid,- 989,37'. the two Items aggregating 6a,-. which the public can never definitely a( 7S9i34I- ' ne estimate iof may 1 was f 1 ,043,525.1 17. which lelt U27,JX,9f lUrl be accfiiifttM -tprvs held, by statA and private Milks trust-companies and in sata)'po.uH and -hoard sum subject to modification "No account has been taken in the past sons of travelers, it being assumed there was little of it, and a but an inappreci able amount was returned by incoming travelers. This year the bureau has made -rnigfforf tu igaiirwliai till1 .'fulfill a nip tlie'aRi theVili LUjtrd.iu.b Jjujulries addiso onBliip lines, jnpqev changers a icfttr ports' alidwcWsulsalTrnncT: cfpdVpb: much as $45,000,000. Some of his cor rel'TlgHsAVI'l J3uDe3s off accepted', "and the amount finally deducted from the .tn'ftnglWiAltQAHitry on the gold basis gets .tile share of the world's gold which Its proportion of the worldjs business brings'; mM a; . 1. 1 .Mumplia Revert to Original OwnenJ. The Magnolia mine has, reverted to the. original owners. Al Jones and' His assocl-. aUn.. X naymant nf tio.iaoo. was . dVie, .... 1 . . from the English buyers August 1, which was not made. Since the sale of the property a ten-stamp mill has been In-, lt-IU,t th.r.nn, on, I l l i.n.l.rct jli.) hide. This is one, mPsterioiTs'denls, the cause of certain. Ti;re S 8aj t,o .be. tjnogh 013 on fie dump which miHed would yield mulh larger srJm tjiv a'n'et rfol)t than t ThtM'h4is more nrCtWmW'UUC tll.lll 15 needed to pay far.-the whole property. Al Jene: Al Jones and his partners, have not yet...declded MiVt heyWWtK.rU wfil probably operate It hemselves. f t Don't neglect your eyes. spectacles properly fitted Glasses and fiSUSH?;. sight. H. C. Hrodie, Opera House Jew elrytStorr, SurfHTterA, " rr r 1 1 ZW1GKER "IRON ST ( I I It . 1 PQRTLAND,) OREGPW. A 1 1 H 1 . Hi i' -id i j J .1 in Ki1 I ! .fl 1 . II REPRESENTED BYFr M.WAbEi Manujaciurers of all classes of Machinery, in cluding 'Crushers, Stamp Mills- Hoist, Hollers, f y " f f- I'uptps, Air, ConipresMi'r, Water Whe'eU,' l:tc. Riveted Steel Wator Pipciii Specialty.- Cut, . I'.uncliedand, Rolled for Riveting nl Desilnatiim, ' 'oriHaae-'uilChrrfplete....' -1!(- t 11 1 t .M . I U vl. i.lw.i.. ..I ii ...... t.i I .M., ',. (. s It-,. if I I I ll "xctiH r I r, i, 1 1 1 -'.'JV I.' .1 r vnM u 10 iiiiiiiuii t j 1 iiii .), 1 Mill.: f RO nmii jg.ii iii .' Jl T. tl.MIO li) niilhy .':(( - 1! " . 1 i ,. I li) nii(l,V 0 ) ,nn (fM ,.1 1 .11 : ' n .1 1 1 , ,,1,1) A 'uriij I .' i ti. , ! in nil lint. iii. I .(..!t,l , - , -- -.,.-.....,,,.,,, 3 Ml J 1 "V'j OTland o u .irM ii 4li (' Jl ll I ivv -d X i v. it 'trotn fi f"4 I'l.lll JH'ltlC 3 I Tuch WoomvAMo, I J ir i" billing - Stock ExGhdAgei.v 'aMifitiiofUnuni IQ.ilOOO , ' i irmiii. I ..'I If I 11." ill :iM'ii hiimil am MittixnMpliVtXJi TS&i Pii Annum$Se)-Chat for .Lbtlng Sttcki$40 1 tii.-irr.'inmpiiii iiiitrj,,,. ,u ,,..... . ....i ., ir..u , . OFFICE nriD DIRECTORS '" ' " " . 'u. U. S Nmlmu llink. I'llJi-nt. 1 . II. (.). 1,1.. Vl.'fl'rU.'nl WANK Watmin. Irr. Arrflinl Nil. llinkTiHUirffr. I1U.MI U 'WUlMl'lK rHMrt H. Wki WJ'1. VWittJ-.AHHf WyBi" ' m" , ivJrDHiifrbW. V-Vrt'l' A'l1 WfW 11 r ill, 1 fVMl?'!',tlpi TVVcm",, W'bittoa m (( linjlunmO tuiii'Sifi Cair4 tittt AiMiif OmImiJh Ihlt, (tcliinti. i.. .. i.i ,.i... i.,.. rnw s imi'i 1 nu ? ' 0 nt o mat" ' -"" - "' ""!"' :;(Kav.?sw::;::''Gii!:PWy,i.mti (..(.i IMSII illlHVlV q IIOV(l J. mt-tl ' "T" J '" C " ' "n S,K '""'l7 LrTTvTii7prrTinmjr" Vjoif' 1 j J hi .; mi 11 fc. li dijmljjjr nu jiiiI . I v: i r.eimn ' 11 iu-11 l iDiilil " H .'.in te 1 1 H I . r j 1 (iBTu uo-Lm ;i(. W' iu-. ClinH ' ,MH ci 50jJrirL-tttktN;irti;liHf 1I x&wu f"lwt pt ii "jnu oil 10 1.lf.lMlt1 f.f 1 nlly i; 11 li.'i.'ljUy'H a VU1' 3 11 i',vwwAP4Ryb-3rr"rii!!r W.-.-iJun..1" '.""I iil-va8 .11 ""t,i(.,'i,.,(iiirt6ivl,c,'"1 n J 2vtirii"ttii'.(iuv iiill Iftl r! l'.'ht)!iM v'ImjJH 'i jVi'll , V' Engino!svBoilewii'.ii .t'.i MArthinfey' and" :,v,) t""0' ftrlriMies"'1. ' s torn ii.J.hmi.w ii 1F S r (M J X'Ul 21 Jl .)tK ,.iit "i'P0KTB'NID?'qf?. nijitt 31 ,1 .11 1'i.ylm il ni iiiuiB itliw hivi-mi.irt hntlll nf Ok'.nnll h-r fnr ri..-.l-lwHI. l.nt-H iMi-.vilH j-Mi.jiumunm-iiMMiiim -y' 1 m ,.r,.w-,,-.. ... n. ..... ....... , ll.ooril Hilirv FinrT .fe.4a..l. IifliiftB lta4ttnlt knnlf An ktll uui Iiuus un .iy tiiii.uKii uiiiinuaiiuiMS principal banks of bsue in the everal countries. One tourist agency receives Ironi travelers from Jiocogafjltq 53000 per year and turns-It -Uito-the-Hank-of England. About imxx peVt'y&ir is incited at Geneva and in all a net loss of 1600,000 to 5X00,000 !- indicated. At the lattch riTKiil ?ars-JHcJal wowjd be' S20.ooo,oco, a sum that should be taken . it i 1 I r o. n?t i" v i-tofc 1? iitu'l vn :r t .:. si r hih .-" u f.' ' itj"i J J.!Ul'frWil;U frjKl'"'-.'-') inn s y "fwSfSisjW' f ' fi oSi;kV-Yj;,'if',i 185s tjie,buraii's etliuateJ.vas. than 'this1 aimiuiftlnir Trntifl account of. An effort has been made to' arrive at the present consumption of coin . by miners, jewelers and other industrial ' iirts'and UieTetiirifi IndlLate a tiital'Tun 1 .uiip)ioii (IT abotlt ?j, 500.000 IiC:oln per C.ll. "Prior to never ks than 1803 it has been placed ati, $00,000. Aiirj additional allowance of 2.ooo,ooo per l year n'rwcn ycan wuuiurmjuiic a- iui;i tect ion of J 14,000,000." "Viiij Mr. Muiilinan is 01. tne opinion mar, ( owing chiefly to AbrsWife prior'to 1885, ffle tSlllnale ha Bettii Wo l.'irgJPVieniap5 i 100,000,000. He attacks Dr. Under man's original estimate and argues It was 1 37,aoa,Buu mo mmi, ami'iie'tias-fgenuy f made an exhaustive Jnyesilgatbit ,o(, .:d uorts and exports of coin and bufllon ll since 1873. Bdiccklng,iUmr from other sources nfJ((natiou hfjf led to .believe that at times bullion and cfln 'have been repofTfas floTWstlc coin, which would carry error Intojthj ejinf Jci u coin stock. He thinks these errors in reporting PW1- an imports may bave increased flif estimates by as j4D,Bellinger & Co. .OF SUMPTHR.. ORKUON aiui t .. ii .mr.-j , jaiat . Aiiii'ii 01 uan 1 'us ) ; Ittn&fFihWi- ifi iiSSrfllSi - "HffUrr. hi" :"sBFafflBf. Hit lEHCtHfc Dispensers of only the '" ""'" Brands l . ill,!'1 " lltriyLlquqrs r i lncJii4ljjE Old.Overliolt, Can adWn'Cll,1 Ushers and James WolWMt 8thi ImpnMul 1MM1 .. . it nramiy, I hree star Hennessey, and all the Leading Brands of Wlius and Cigars. New and cirgam 1 uiuui. ihhiihh1' able quarte(s-for gentlemen. No beUfrVIce in Oregon. , , 'Si ...The Magnolia;.; : loir.tlTT. D. Btllngr t C., fitp. 1 (Fonrifrjy HotelVan Duyn Bid.) 1111 Ii'M aiKiK 1 riJ :iO li)l . 11 1. yluo.iioil r. Jl BOILERS lllllIli'iiJKIO. (II gM .Vlllllli'iiJKIO'.'ll HpGpane ;. inQ , MTT-jLiiii lint. lo THRESHERS' !ii ! L ! J 'l . 11 Y -if. .'.iiiHflfllllllilllll i j?i ir ji ii .. .'i .1 it J IlllVVllt, WrimCaUlpguflADd.Prlce. NAUKtKS" !. n l ? RUSSELL- & GO. 0 ) I V) ) J I .1 I. ''pb'RTLArtri: 'orietottJW, ID '11 1 ,v 1 uoii on bur, .yj 1 . VllO 'I.IHIllA -CD i'xo n , " t3 o lv 1 ?. I -iii. V. I : 1 r, if , . i .1. 1' . .j u:iiov rgeson & wo. " .' ..1 !71?lll yll l.l'l M.tnuf.i. tiiifi & nt I Vl-IV )tfll'll.lll 111 . , . . 1, ' III r ,'l , lili'l 1, J fefT'TiirTftrTT ,1 FRONT ai.,CQR, .WASHINGTON " ' 3hofvHC.!ai$.feS;: j 1 1 ll '1 '. if'' ' ) ol ,'t moil .-,,lCTixn...r. . ,iii). .: Hiy umaihimv i jfji.i 1 .m nut ' 1111 1 I n out i.ixll 1 1 l .i1(.) 1 'tj 3 1 IJ It Hi)!liO, I.11IM IV ir. if 7") jn-fia 'vv,VVvi;V i'l ! IV Jl I VI I I "V.T" , ifi'L i 'IJ'J.T.S.I 'IIDUl :il I IJ III l fllO Oil .,l i)rf,vir. I inlf.it. . w i ?fiv;ifiy ' 1 ttrr. - fin 11 fli r tunai . 1 ,11 Iii.'immiioiM ' - :iti'i!jiui lor.p '''-AVK i-pjrAiJC ) rti I ir. , . inn 1 1 : iiihnvAM mwAtt?iM .. '.It Ml I I,; i .; m .MllO.lil (i ;.) .1110I 1 (Mjon j rj : 1 m.i'trMj rJ 1 ,fi , .MWt t ll ifiwi ut Mining Men'aiHeadijnartrrsr.dKi , 0 y wir.iu Ncx1iLHorao WjonkntiW BOURNEPORHGON " - i " rh.iiii.l i - - HUUKINblUKbUUN " ' ' ui . a n. rniiniu i liiTijTnTqiTsTi) li.iiiTli-iiTrii.l c- i lisi.i iv 1.; v.a .:.i .'t .:. 0 J