Wednesday, October 24, 1900
2.
THE SUMPTBR MINER.
OFFICERS
John J. pknhai.k,
President
(Cen. Mi;l. Ilunki-r Hill OolJ Mng. Co.)
SUMi'Trw, Okmhin
Al.liliKT GlilSI-K,
Vice-President
(Pletl.lrrtCltlcntllank)
IIAKIWCIIC
l-UCiliNI: Sl'liKKV,
H. C. PliNTI.ANI),
Treasurer
Secretary
Grizzly Gold
Mining Company
Capital $500,000
In 1,000,000 shares of the
par value of Fifty Cents
Each. Treasury Stock
400,000 shares.
FULL PAID AND NON-ASSESSABLE
Weekly Bulletin
DEVELOPMENT The Grizzly tunnel has crossed a point vertical with the shaft on a six-foot ledge. The
rock formation is dipping into the hill, but at a steep angle, so that unless a change in formation occurs, only a
very short distance will have to be traversed to reach the ledge. Several stringers, evidently offshoots of the
main ledge, have been encountered in the tunnel during the past week.
' To meet cost of development, the sales of Treasury Stock will continue v
at SIX CENTS per share, payable all cash, or on the install
ment plan in twelve monthly payments.
INSTALLMENT PLAN
2000 Shares at 6 cents per share $120.
payable 10 down and 10 per mcnth until paid. Larger
blocks of stock on pro rata scale.
For Prospectus and Further Information, address,
Grizzly Gold Mining Co., Sumpter, Ore.
NCrCNCNCCa: fin.T or SuM.ttii l"l, Oac.
CuiifN ( Citt Ouna
1 '
FOUR FEET OPCOBA-T.
Discovered in the Standard, Located on
Dixie Crwk.
Perhaps me of the most Interesting
mineral discoveries made in eastern Ore
Kon is that of a fiuir-foot vein of cobalt.
I his decovery was recently made In the
property ot thr Standard MIiiIiir company,
composed of Portland people, which is
openhiK ip a promising IrdKe, carrying
Kold, copper and silver on Dixie creek.
As lar as known, this is the only dis
covery of extensive cobalt deposits made
in the state. The question that confronts
the company owning this property, Inw
ever, is where to tind a market for this
metal. While cobalt is used extensively
In the aits and in the manufacture of dyes,
produciiiK a biiitht purple coloring matter,
Us use iscunliued almost exclusively to
Europe. In this country there is but one
manufactuiiiiK plant using oxide of cobalt
change, has just returned from a flying
trip to eastern Oregon. He predicts
lively times for the various camps in that
section this fall and winter. In the
Quartzburg district Mr. Gibbs says actual
mining is assuming wonderful proportions.
P. P. Morey has commenced work on the
Present Need group that he bought from
W. E. Gifford. The Jackson property
has been sold to Portland and Pendleton
people, wlio will push work at once. The
Yankee Boy group, owned by A. W.
Dunn, has the most development, and
large bodies of gold ore are blocked out.
Mr. Dunn Is now erecting ore bins. The
Copperopolis has just erected buildings to
accommodate 50 men. and completed over
a mile of road. The owners have a large
amount of surface work done, and exten
sive ore bodies are exposed. They are
now surveying for patent; Work is also
commenced on a tunnel to cut the vein at
450-foot depth. Mr. Gibbs says there are
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OPERA HOUSE SALOON
SUMPTER BEER ON DRAUGHT
BILLIARD AND POOL TABLES
and that is the American Nickel Works, at ; argr amounts of ore in this district, ail
Camden, N. J. This company obtains its 1 rfajy for treatment, giving high value in
1 1. t. fS t . I Al . 1 . .1.1.1 ' . . . . .
cobalt irom (aiiaaa in tne snape 01 iiiciei
mate, and uses it only in connection witli
the manufacture of nickel. There is no
nickel mixed with the cobalt found in
eastern uiegou. wiicinrr in 11111 nn-
nickel factory can use this pure cobalt
found here is therefore a question.
1 he ledge in which the tour-foot vein of
cobalt is found in eastern Oregon is from
40 to so fret in width. It is already opened
up by a ijdlmit tunnel, and two cross
cuts, and shows up a magnificent body of,
high-grade refractory ore. Considerable
if the ote Irom this mine was run though,
the Sumpter smelter dining the past sum
both gold and copper. Telegram.
Mining Dividend for AuguM
Mining investments pay a good per
cent ot Interest, as will be seen by the fol
lowing dividends paid by companies mak
ing regular reports. In August the dif
ferent companies paid ,o66,is4. In the
eight mouths of this year there was paid
out 27,105,5)0, which is equal tn eight
per cent on the total capital stock of the
companies reporting. Montana disbursed
Jo,o8i,82S, or 8.2 per cent of its capital
stock; Coloradiv5,iJv,i8Q, or seven and
one-half per cent; Arizona, i,gj5,8j5, or
Agents for Matting
ly and Moore Whis
key u 20-year-old
whiskey as good as
Elixir of Life. All
whiskies are out of
SUMPTER, -
bond and guaran
teed the genuine ar
ticle. Popular re
sort .for Commer
cial Travelers and
Miners.
OREGON
illll'll aiiini UHMI'I, .11 ,' c 1 . ,-.-.. ,,.
jner. I here are at nrrseut lour men at r" lr," n,v.ii ""
work in the property. United States Mar- j P "? South Dakota, W5$,ooo, or .8 1
shal .oetlt Houser, J. I', liatchelder and
other well-known "ortlanders are Inter
ested In the property. Portland Telegram.
PfomUkig Quart rburg DWrkt.
W. W. Gibbs, a member of the listing
committee of the Oregon Mining stock ex-
per cent; Idaho, 75(,02o, or o.) oer cent;
Missouri-Kansas, $406,286, or two per
cent; Alaska, f4Q,ooo, or five per cent;
Washington, f ioj.ooo, or three per cent.
Of the total disbursements the copper
companies paid sixty-two per cent. West
ern Mining World.
More Room Mork Goods
Since the removal of the Post
Office, giving us the entire use
of the store room, I have mater
ially added to the stock .1 New
and Fresh line of j- .4 j j
Dry Goods, Fancy Goods,
Clothing, Hats, Shoes, Etc.
A better opportunity is afforded
us to handle the trade, and our
CASH PRICES have proven a
drawing crrd since the CASH
SYSTEM was inaugurated j
SiKC.tur 10
Kahltrft Haly.
W. R. HAWLEY.
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