Wednesday, June i , i;oi THE SUMPTER MINER GIVE INVESTORS A CHANCE. And They Will Soon Have Eastern Oregon Gold Fields Booming. "Cripple Creek spent $10,000,000 In machinery, which afterwards went to waste, before she learned the proper pro cess for treating her low grade and base ores so as to save the gold in them, which have since made that camp perhaps the most famous in the world," says a Colo rado man who returned yesterday faom a visit to the Red Boy and Cracker creek districts. "The eastern Oregon districts have the best showing of any mining country I have ever seen, and I have seen nearly all of them, for low grade ores. I be lieve that the cyanldlng process, except In the Cable Cove district, where the ores require smelting, will be found to be the only method of saving all the gold. As depth Is attained the ores become base and require different treatment from the ores on the upper levels. If it Is not cyanldlng It will be some similar process, "One of the principal things Jhat Is hold ing this new camp back Is that owners of property are asking too much money down from the capitalist, who Is willing to risk a reasonable sum for the privilege of developing a promising prospect, and Is willing to pay a fair price for It when It is developed. Give the Investors a chance and they will soon have this country booming, because there is more money now In the east for Investment In the mines than ever before In the history of mining in the United States. But capital will not pay fancy prices for prospects, nor take bonds on properties which re quire large payments of money down. It takes large sums of money to make a mine, even if It is a good one, It takes a long time for the purchaser to get the first cost back, to say nothing of profits. "It takes prospectors first to open a country, but they should not be allowed to hold claims to the exclusion of others who would like to work them and still do no work on them themselves, as has been the custom here in Oregon before the pas sage of your new law. Prospectors should be compelled to do good, substan tial work where they put up their stakes and monuments, so that there can be no mistake as to the ledge they wish to cover by their claims. In other mining coun tries no foolishness Is permitted In this respect. This country is new, but is rap Idly becoming known in the east, and If properly guarded and handled by live peo ple here, the laws carried out, and reason able terms made to investors who are wil ling to develop claims, It will make one of the greatest camps and richest producers In the states." Democrat. PROFITS IN COPPER MINING. Figures Taken From Anaconda Com panies Annual Report. No wonder the ordinary prospector and mining man thinks he Is rich when his ore assays from to to 40 per cent in cop per, when he reads of the profits made by the big copper companies. Take, for Instance, the last report of the Anaconda company of Butte. The report shows that the net cost for mining its ores for the year averaged I3.77, and for treat ment, smelting, etc., 94.12 per ton. The average value of its ore was 5.73 per cent copper, 4.23 ounces in silver, and 0.41 ounces of gold per ton. Among the different items of expenses for mining we mention the follewing: Candles, Mi,79i; coal, 9207,861; freight onore, 1452,081; fuse and caps, 127,004; labor, 3i376,502; powder, 1147,286; sala ries, Including management, 996,280; taxes, 970,680; timber', 9429,886; machin ery and repairs, 9461,612. The total ex penditures for mining for the year amount ed to 95.J03.933. The report shows that a total sum of 96,008,007 was paid out at the smelter and refineries, making a total for mining and smelting of 911,511,930. The company for he same year received from sales of product, profit of subsidary departments, royalties, rents and divi dends, 918,817,957. All this vast sum from such a low grade of ore Is enough to open the eyes of any one, let alone the poor prospector, and all this from only one year. The total quantity of ore treated up to this year by this company, and since the year 1880, has been 9,614,263 tons. From this tonnage there was produced 550,062 tons of copper,2o,658,to5 ounces of silver, and 136,244 ounces of gold. The coinage value of the gold and silver amounts to SS.363.793- The value of the copper at an average selling price of ia cents a pound, was 9193,104,293. Thus the total value of the yield of this company since 1880 amounts to $137 740,500. The present year will add fully 96,ooo,ooo to the above total. Exchange. VEISER SMELTER A SURE THING. Work of Grading Site Commenced Con taios 560 Acres. It Is settled! Welserwill be made a smelting center for Idaho and Oregon ores. Lewis A. Hall has forwarded in structions for the Immediate Inauguration of work upon the enterprise, and Messrs. Wllkerson & Thompson are now getting a portion of their outfit together for the purpose of grading the smelter site and the construction of two miles of side track which will be a necessary adjunct. The smelter will be located near the mouth of the Welsef canyon, about ten miles east of Weiser, where Mr. Hall will have, by purchase and suosidy, about 560 acres of land, and where there Is an excel lant site for a smelter. The plant is to have an ultimate capa city of 1000 tons per day, but at present only the first too-ton stack 'will be put In, the other nine being added as fast as de velopments will require, which will no doubt come rapidly enough, as mines of Sumpter, Baker, Owyhee and other points are already seeking agreements for the re duction A ores at this point. The pres ent work, however, will require an esti mated expenditure of 9 100,000 in various ways, and it also carries with it the cer tainty of railway construction into Seven Devils. The present plant, when completed, will employ about 30 men, and will be the substantial foundation that will make Weiser the eventual smelting center of the central Northwest. No one can lose by keeping their eye on Weiser. President Hall, of the P. & I.N., sent a telegram to General Manager Shelby Tuesday Instructing him to at once put a corps of engineers in the field between Council and Seven Devils. This evi dently means the early extension of the road into the famous copper district. Weiser Signal. Values of Various Metals, Gold Is worth 9340 a pound and silver 913, but there are a score of metals worth much more. Chromium and tellurium cost for instance, 9700 a pound, and asni urn and zircon, which are used In the ma king of electric mantels, 9 1,420 a pound. Barium cannot be gotten under 92,110 a pound, and rhodium and niobium are worth almost 92,700. Strontium's mar ket price Is 94,$oo; dldymlum's Is 98,400 a pound. Rubidium Is a metal worth 9u, 200 a pound, and vandlum is worth 9i), 000. Above all these, however, stands gallium, a metal discovered In 1845, a pound of which, If It were procurable, would be worth $75,500, or 528 times as much as a pound of gold, and 5,061 times as much as a pound of silver. The Oregonlan Is on tale at the Elite Cjgar Store. Attention Investors ! If you want to become interested in the most promising mine in Eastern Oregon buy Cracker-Summit Gold Mining Company's Treas ury Stock at JOc Per Share Every dollar of your money will Im iim.i1 to further develop thu oompanyn irncrty situated in the heart of the Famous Crneker Creek district, tair rounded liy such well-known dividend pavcrx 114 the Columbia. Golconda, 10 it K and north 1'oKs mine. Most oft bo first issue of 50,000 slum's tillered at that price lms liecu subscribed for. When what renmins is sold none will over bo liought at that figure again. 0 TI10 Climax claim, ,'1000 feet south mid on the same ledge as the Cracker-Summit lnerty, lias just been wild by Col. John T.Gray son to eastern capitalists for 8150,000. 0 liny now while you can get in on tlio ground floor and you will get big returns for your money invested, Write For Engineer' Report, Prospectus, Ete. Cncker-Sammit Gold Mining Co. hi 170. Smqrtir, Onpi THE EDW. P. ALUS CO. MILWAUKEE, WIS..U.S. A. Manufacturers of Stamp Mill, Concentration, Chlorination, Cyanide, Smelting, Converting and General Mining MACHINERY H. V. CROLL, Mgr. Spokane, Washington, Office, 110 Mill Street '. 1 I I 1 1 STAMP MILLS WOOD OR IRON FRAME SELF-CONTAINED MILLS Rock Crushers Ore Feeders Tramways Dredges, Engines' Boilers and Waterwheels U Hammond Mfg. Co. iNCORPOR Alt PORTLAND, OREGON