The Sumpter miner. (Sumpter, Or.) 1899-1905, April 24, 1901, Page 5, Image 5

Below is the OCR text representation for this newspapers page. It is also available as plain text as well as XML.

    Wednesday, April 24, 1901
THE SUMPTER MINER
Diadem Gold Mining Co
: OFFICERS ;
.
J President J. H. ROBBINS
Mayor of Sumpter I
Vice-President N. C. RICHAPDS
Attornty-at-Law
Sec'y and Treas...OTTO HERLOCKER
Ant. Cashier First Hank ol Sumpter
! Directors J. H. Robblns, N. C.
Richards, E. M. Anderson, M. D. I
1 Supt. of Mines DAVID O'NEIL J
Crlter P. O., Baker County, Oregon
J In aJJIllon to the officers of the company
2 among the stockholders are: Km. Lee Mantle, J
T late U. S. Senator, llutle, Montana; Thos H.
T HlnJs, late County Treasurer, Butte, Montana; T
T Hon. John P. Forbes, Attorneys!-Law, Hull;
2 Chas. S. Warren. Speculator, Butte; 'os. F. Par- J
? dee, Miner, Phllllpsruirg. Montana; H. M. Grant,
Insurance Adjuster, Portland; tieo. W. McUow
ell, Broker I'ortlanJ; C B. Richardson, Contrac J
tor, Walla, Walla, Wash.; Hector cKea. Miner,
Rossland. B. C; Dr. H C. Sills, Fort Wayne,
J Ind., and many others who have Investigate.! this J
J promising property.
Mines Situated on Green
horn Mountain
Baker County
a a
1,000,000 SHARES
: PAR VALUE $1 00 EACH I
Home Office
Sumpter, Oregon
This Mine is Working
Every Day
This Mine is a Shiping
Mine
The Raker City Sampling Works
Rives the following returns for two
small shipments: Lot 68-1. 253 sacks
of ore, dry weight, 13,06) pounds.
Gold, 7 ounces; silver, 040 ounces.
Gold per 07., $205 treatment cost $8.
Net price per ton, 130.50. Freight,
$7 per ton. Net value of lost, $800,24.
Lot No. 102. 378 sack ore; dry
weight, 18,810. Gold, 6.20 ounces;
silver, 9 ounces; gold $ 20 per ounce.
Cost of treatment, $8; net price per
ton ft 15.80; freight at $ 7 per ton; net
value of lot, $ ioiu.04.
HE SHAFT is now down 70 feet. Tunnel now in over 700 feet. Rich hody of ore in hIiiiII (sinking hIi)hi1 on account of water)
should bo reached in the tunnel in 300 feet, or by July 15. TI10 directory is it guiirnntiH) of good fnitli. It is true I lint till iiohhvU do
not nmko mines, but it id also truo that all mines were once prospects. Here is what tlio experts say of llio Dimleiu: V. 1 Grimes.
11 prominent mining man of Republic, Wusli., snys: "I consider the. Diadem the best property I have ever examined. It is surely a ro-
T
murkublc sliewiui: and, in my judgement, the making of 11 great mine." Hon. Chits. Bonner, connected with Granite Mountain mint),, in Mnu
tana, snys: "In all my experience, us 11 mining superintendent, extending over 11 period of '20 years, I consider the. Diadem is by otitis the best
mine I have ever been connected with." Hon, J. K. Pardee, a mining expert well known all over Utah, Idaho ami Montana, says: "In all
the years I have mined I never saw a prospect that made the showing of the Diadem mine." A. L. McKwcn, M. R, one of the best known Kuglish
ox)crts throughout the entire, northwest, says: "Fur an undeveloped piosjtect, 1 consider it among the ery best I have ever examined. 1 believe
it will prove to be a great dividend payer when developed." Mr. James O. Loumligan, M. I'., of Republic camp, Wh., ami It limitary district
British Columbia, .stys: "Alter making a large number of as.-ays from this propety, I am convinced that it N the lie-1 thing in Kistcrn Oregon
for tlio amount of development work done."
The above is a plain business statement of this procrty. The mauageiiieiit now offer for sale 50,000 shares of the treasury stock at 15 cents
per share. Applications for stock must bo accompanied by the money ami should bo addressed to Otto Herlockcr, treasurer of the company, Samp
ler, Oregon. For information address,
Care First Bank of Sumpter
Otto Herlocker, Sumpter, Ore.
IT PAYS TO BUY MINING STOCK.
Instances in Which Fortune Have Been
Made on Small Invennents.
Professor William H. Tlbbals, of Salt
Lake, Utah, is authority for the state
ment that less than six years ago, Swan
sea stock was selling at ten cents a share,
and that $100 invested at that time In
that stock has since yielded (2,865 in divi
dends and readied a present market
value of about 4,oo.
The Silver King mine Is now paying
fioo,ooo a month in dividends. In 1893
the stock was bought at $2.50 per share,
or $250 for 100 shares. The dividends
received to date on that investment have
amounted to $ 2,500, and the present mar
ket value of 100 shares of Silver King Is
$7,700. Some time last year Lower
Mammoth stock could have been bought
for 15c per share, and since then the as
sessments have amounted to 10 cents,
making the cost of 1,000 shares $250.
The present market price of that 1,000
shares Is $4,125.
Not every mining stock can show such
magnificent advances as these, but
many can. And it Is such facts that il
lustrate the advantages to the small In
vestor, who, In no other character of en
terprise, can hope to have his limited con
tributions yield as bountiful legitimate re
turns. This is not getting something for noth
ing. The effort to do that rarely suc
ceeds. But it is furnishing the small key
necessary to unlock, by development, the
great treasure house of nature and then
helping one's self freely and rightfully to
her generous riches.
No man Is the poorer for the wealth
that the mine owners win. He does not
divert from others to enrich himself. On
he contrary, the whole world gains when
he gains. For until he brought them
forth by Industry and courage his riches
lay useless, locked idly in the fissures of
the awaiting hills. Denver Investor.
Colonel Donan't Work Appreciated.
Hon. Thomp. Burton, of Youngstown,
Ohio, a man of prominence in that state,
writes to Colonel Donau as follews: Your
Oregon Railroad and Navigation Com
pany book on "Oregon, Washington and
Idaho" is duly to hand. I have lead and
read again this wonderful emanation ol
your genius. That is the precise term,
and nothing else would express it. Al
lowing the statements to be substantially
compilations of facts, still you are the
only person living who could make the
presentation as made in this booklet. It
is marvelous. You have, If that were
possible, outdone yourself, and for this
seductive Invitation to homeseekers and
Investors alone you merit from the capi
talists generally, and from the transporta
tion companies particularly, of the Pacific
coast, a substantial recognition sufficient
to put you on "Easy street" for the bal
ance of your life. No mere salary for
time occupied in compiling statistics and
putting out an advertising folder Is ade
quate compensation for the widespread in
fluence this powerfully and charmingly
written presentment nl the Oregon-Land
must and will exert. It Is work of the
kind that no other man has ever done or
could do.
Struck Gold While Boring For Water.
While boring for water at the hot
springs, on the eastern city limits, to se
cure hot water for the new natatoriuiu
and city supplv, when down about 15 tret
mineral rock was struck which created a
sensation when the news spread around
town. The rock is of lava formation and
contains peacock copper. Samples were
brought to the city In the afternoon and
assayed, giving values of $20.25 to the ton
in gold, and 15 cents In silver. The pro
lectors of the natatnrium are uiidrcldrd
whether to continue boring for hot water
or for gold. Democrat.
THE EDW. P. ALUS CO.
'HsWJv BSSvfYffl PSSm SBBBS;
sWtMnPflrnlt sssBsssB
flMflssdrmf Hrv
USBM Wife
BBBBBBBBBBsfaj!!MllqvijBlVjHBBT
ssssssVRssWsiaVH9Lm
JiMLiaaaaaaaiPF ,
'. sssssssssssssssssssssssssssssssssssssssTCV
MILWAUKEE, WIS..U.S. A.
Manufacturers of
Stamp Mill, Concentration,
Chlorination, Cyanide,
Smelting, Converting and
General Mining
MACHINERY
II. V. CROLL, Mgr.
Spokane,' Washington, Office, 110
Mill Street
sssssL lssnHPlslsailllllfailsssssssssV
'aaaV ' .aillllllllBBVsMMBEsssssssssssssss!
STAMP MILLS
WOOD OR IRON FRAME
SELF-CONTAINED MILLS
Rock Crushers
Ore Feeders
Tramways
Dredges, Engines
Boilers and Waterwheels
Hammond Mfg. Co.
INCORPORATE
PORTLAND, OREGON