Wednesday, Aug. 28. 1901
THE SUMPTER MINER
MORMON BASIN MINES
The Great Free Gold District
of Eastern Oregon.
Mormon Basin Is situated about 20
miles northeast from Huntington, and on
an air line about 36 miles southeast of
Sumpter, Oregon; is accessible at all
times of the year, and at an altitude of
4800 feet above sea level. The district
is about six miles wide by fifteen miles
long.
The formation is a schistose slate,
porphry, and here and there inter-
spersed with dykes and quartcite and
lime. Every gulch has in times gone
by been a bonanza placer mine, all the
gold and wash were local, and why this
country has received no attention from
practical quart miners is an inexpli
cable conundrum to the writer, though
I must confess that the lazy or horse
back prospector has no business here,
as the veins are of a soft nature and
generally covered with surface. How
ever, if once familiar with the field,
claims and good claims, too, are easily
found, and the district, without exag
geration, has moro freo gold-bearing
veins than any other district the writer
has ever seen, Cripple Greek. not ex
cepted. Within the past few months a few
claims have received the attention of
their owners, and they have been re
warded by beautiful showings of free
gold ore, and four properties have
changed hands within tho last month.
J. D. Voss, formerly of Boise, has ac
quired three fine properties, and is now
putting up a whim to sink tho Golden
Rule shaft to the depth of 100 feet, the
shaft at present being 75 feet deep. The
ore assays from $10 to $2000 per ton. The
Morning Star has a crosscut tunnel 176
feet, and shows a fine vein from one to
eight feet wide, and carries values from
$5 to 10,000 per ton. This property is
also being operated by Mr. Voss.
The Eagle Head, owned by A. F. Ber
nard and Harris, lias a tunnel 100 feet
in on the vein, and shows five feet of ore
the full length of the tunnel, assaying
from $0 to 40 er ton.
w. JS. King, ol rortlanu, lias pur
chased the Lulu group of three claims,
This property shows a 12-inch vein of
$32 ore. Mr. Tarbell, formerly of the
White Swan mine, near Baker City, has
just had a test inude on thirty tons of
ore, tho returns of which were moro
than satisfactory, and he has doubled
his crew. Several othera might lie men
tioned, who are pushing the work of
development with good success.
Tho district is practically untouched,
and to-day offers the best inducements
for mine hunters of all descriptions that
there is in tho northwest or uny other
country. Malheur City correspondent
in Boise News.
Mclatosh Will Not Manage the Le Rot.
A press dispatch from Rossland, B.C.,
says that Whltaker Wright's resignation
from the management of the Ie Roi did
not cause the excitement that it would
have created a few weeks ago. Ber
nard McDonald says : "lam informed
from reliable sources that the strike
policy unanimously adopted by the di
rectors, and cabled to me some time
ago, is to be maintained. There ia not
the remotest probability that ex-Governor
Mcintosh will be called upon to oc
cupy the position of a resident director
or any other position with the Le Roi
company at this place or elsewhere ; no
natter what board of directors may be
chosen.'! Those who know McDonald
ay he would not discuss the matter at
all unless absolutely sure of his facts.
Those who were disposed to believe that
Wright's resignation would affect the
situation here are now guessing as hard
as over. The labor element still ad
heres to the belief that the directors'
meeting on Thursday will result in the
company starting work with union men.
The opinion is hazarded that Wright
simply stepped down to allow his friends
to put in a new man, who would have
the support of all elements of share
holders. . BIG MONEY IN SMELTING.
Tract Pay Interest on All Its Watered Stocks
and Bonds.
The smelter trust recently declared a
dividend on its common stock at the rate
7 per cent per year. In addition, it paid
dividends on preferred stock and inter
est on its bonds. In round numbers its
net earnings have been between $12,
000,000 and $14,000,000 a year between
17 and 20 per cent on $70,000,000 of in
vestment. The smelting business has
thus paid the smelting company, as a
whole, oven if it did sell lead for less
than direct cost to it.
Accepting the claim of heavy loss as a
fact though the authoritative state
ment of numerical valuo in dollars of
"heavy" would bo a valuable aid to a
clear comprehension of just what the
phrase means the not earnings of tho
smelting and refining of gold, silver and
other metals must have produced the
$12,000,000 to $14,000,000 of net profits,
and in addition the numerical value of
"heavy" loss.
Briefly, the final net profits of the en
tire smelting business do not appear to
be reduced, and the "loss" by buying
lead for more than it is subsequently re
sold for has been, so far as the smelters
were concerned, an additional cost
charge on the treatment of gold, silver
and copper ores. It is not the smelting
company which has made a loss from
the lead smelting, it is the miners of
other metals. The recent raising of
charges by the smelting company is part
of the business of passing this loss to
the other metal miners.
A comparison of tho total net profits
of the Bmelting company with the total
value of the smelting compuny produc
tion at nalo values of tho metals other
than lead, and with the net earnings of
the mines that supplied the ores of these
metals, cannot fail to be instructive and
suggestive to the mino ojieratorH, who,
rather than invest their own capital in
reduction works, legitimately part of
their mining business, pay for that ser
vice tho larger purt of their possible
profits. Mining and Scientific Press.
iBJRrBlfeBwftBlsBflftBBB&
Dr. Tape talks in Portland.
Dr. Geo. W. Tiio, proprietor of the
fumous Hot Spring in Grand Hondo
valley, is in the city purchasing supplies
for his sanitarium nt these wonderful
springs. These springs have a regular
flow of 2,000,000 gallons a day, and tho
water has a temperature of 11)0 degrees.
Its volume is four times that of tho
Arkansas hot springs and the water is
40 degrees hotter. The doctor states
that there are 06 patients now at the
sanitarium, and preparations are being
made to receive a large list this winter.
The sanitarium will bo heated by radi
ators connected directly by nines to
the springs. The O. R. & N. Co. give
excursion rates of 2 cents a mile from
all points to this popular resort, and
are now building a depot at that point.
The doctor will return to his home Sun
day. Telegram.
F.GBRODE
Watches, Clocks
m
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j j SPECTACLES j .
OPPOIITI NtW HOHl, aRMITt STRUT.
Sumpter, Oregon.
Satisfaction Guaranteed.
Jl
ALLIS-CHALMERS CO.
General Offices
CHICAGO, ILLS.
"F
Manufacturers of
Stamp Mill, Concentration,
Chlorination, Cyanide,
Smelting, Converting and
General Mining
MACHINERY
RANCHES ....
SALT LAKE, UTAH,
DENVER, COLO.,
SAN FRANCI8CO, CAL.
Joshua Hendy Machine Works
Nos. 38 to 44 Fremont Street
SAN FRANCISCO, CALIFORNIA
IMPACT WATCH WHEEL
Suartz Mining and Milling
olstlng, Pumping and
Saw Mill Machinery. Hy
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Giants, Water Gates and
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Water Wheels and Water
Motors, Engines, Rollers.
Pumps and Machinery of
every description. J J
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WRITE FOR CATALOGUE AND PRICES
vWiii
OPERA HOUSE SALOON
SUMPTER BEER ON DRAUGHT
BILLIARD AND POOL TABLES
Five hundred dollars to loan on ap
proved aecurety. Address A. B. C, car
BcMirn Minks office.
Never fails Giant powder.
Pomething
powder.
to depend upon Giant
Use Giant powder, fuse and caps.
Agents for Matting
ly and Moore Whis
key a ao-year-old
whiskey as good as
Elixir of Life. All
whiskies are out of
bond and guaran
teed the genuine ar
ticle. Popular re
sort for Commer
cial Travelers and
Miners.
SUMPTER,
OREGON
4ttv-v
THE
A. J STINSON, Prop.
(Successor to Snyde ft Stinson)
Only tht Bist Bnnds of liquors Sirvid Ovtr tht Bir
SUMPTER, -
OREGON