THE SUMPTER MINER
Wednesday, October 29, 1902
SOMETHING ENTIRELY NEW
THE CONSTELLATION
FIRST
OF
STOCK
31
I Constellation Gold
P. O. Box
TWO CLASSES
OF INVESTORS
Mining the Prime Favorite
With Those of Moder
ate Means.
ThelO are t Mo great I'lllMU of illVOH-
tort. The llrst embrace- n'iili of large
means, who have Hiillk'iiml money for
all dm iii-ivNi.irii'H and luxuries of lift',
wh 1 (Mil cither put their money in gov
ernment ImihI- tit three, percent intercut
and tliereliy have sulticiciit income In
gratify tlieir ta-tcs unil ambitious, or
who run undertake gigantic enterprises
on their own account. The second, and
liyfitrtho largest class, comprise the
uiilliimH of professional and salarcid men
and women and those engaged in small
ImiineHH pursuits. Thin class, in order
to eventually titHteof life's luxuries, nitiHt
seek Home very prnlltahle ineaiiM of hive-ling
tlii'ir small earnings,
Il in now a well known fact anions the
money clas-ics, ami in fact amonn all
cl.nsei, that milling Ih today the iiiohI
prolitahle business in all the world. Il
Ih true wo now-and again encounter some
individual who Mill believes that miiiir.g
ii a gamble. If mining is a gamble, then
the dry goods business and all manufac
turing mid inereantile enterprises are
hUo gambles.
During Hie year UHtl the production ot
gold and silver in (lie state of Colorado
Mai about fiO.OOO.OOO. This wasallcleau
money, taken from nature's treasury,
nd dm not wrested from others in bun
ineM couiHtitinu. This money was
taken out of the ground in the shac of
oru and was then converted into gold
k
THE PROPERTIES OF THE
CONSTELLATION GOLD MINING COMPANY
Comprising Ten full claims, Mill Site and Water Right, are
located in the rich Cable Cove District of the Sumpter Gold
Fields. Upwards of 1000 feet of Development Work prove a
Continuous Ore Body, j to 8 feet wide, from which Fifty
assays give values of $4.50 to 39.50 per ton. j The
officers and directors of the company comprise some of the
best known mining operators of this district. The
Company is Incorporated for 1,000,000, Par Value Shares $1 ;
One-half, or 500,000 shares, is reserved as Treasury Stock
for Development Put poses. To provide an immediate De
velopment Fund the company offers to the investing public
100,000 SHARES OF TREASURY STOCK
AT TEN CENTS PER SHARE
FOR PROSPECTUS,
C. H. McCOLLOCH,
1 85
1 ami silver Ity different smelters ami pro.
cesses of extraction, and then coined into
I money Ity the United States govern men t
I free. In addition to this, there was pro
. duced in Colorado admit fll),ii00,0D0
worth of lead and i'oper.
I Now all this was produced, according
I to the best iiiforiuatiou available, for
(about twenty-live cents for every one
I dollar, leaving seventy-live cents clean,
jiictprnlit. These are tacts which can
I not ho disputed. The mere assertion
that mining is a gamble and that it costs
more than a dollar to produce a dollar
does not prove anything, nor docs it
make the statement a fact.
We could narrate many instances
' where men of small means invested
, small amounts in mining companies in
I the curly stages of development, who
J cleaned up comfortable fortunes in a few
I years without any effort on tlieir part
other than the making up of their minds
1 to buy stock. To some eoplo this is a
i very great eftort. Some men reason that
because tlieir grandfathers lost some
1 money tlftcen or twenty years ago, there-
fore all mining enterprises are fraudu
lent. Itccause your grandfather lost
I some money in a bank failure llfteen or
twenty years ago, doc not prove that all
1 the banks are unsound and that there
fore you must keep your money in a
safety dcHsit vault.
Wo are not advocating indiscriminate
investments in couianies which come
out with glaring headlines promising
millions to the lucky stockholders, but
1 we do urge investments in safe com pa-
I uics having back of them the two great
elements of success, vU: First Well
located proHrties with at least sulllcient
development to prove to any mining man
the existence of valuable ore deposits.
Second A company whofo management
is i'omHtent and reliable and who have
made successes in other mining enter
MAPS, ETC., ADDRESS
Mining Company I
j SECRETARY
Sumpter, Oregon
prises.
As a strong evidence of thuelimiuation
of the risk element, let it bo noted that
successful mining is no longer acpiestlon
of high gradu ores. In days past opera
tors were chiefly concerned about high
values. If the procrty did not msscss
high grade ores there was little hope of
its success. Today there is little hesi
tancy in taking hold of a proerty of low
grade ore, providing there are largo
bodies, of ore. When ore can be treated
(or sixty-eight cents er ton, as in the
Alaska Treadwell, and for $2.25, as on
the great mother lode, of California, there
is little opMrtunity for failure.
With these new conditions prevailing
the output of the precious metals in the
next few years will bo greatly increased,
and from all tpuirters capital wilt be
seeking investment in some promising
mining enterprise. Boston Journal for
Investors.
"Now k Ihe Appointed Time"
The O. It. A N. Co. has just issued a
handsomely illustrated pamphlet en
titled, "Oregon, Washington ami Idaho
and tlieir resources." People in the east
are anxious for information about the
I'aelflc northwest. If you will give the
O. It. A N. company agent at Baker
City a list of names of eastern jieople,
who are likely to be interested, tho
booklet will be mailed free to such per
sona. Yours truly, A. I.. Craig, General
Passenger Agent.
All tho ladles of Sumpter and vicinity
are invited to call at Mr. Chipp's Mil
linery Parlors, opposite Basche's. and
inspect her new line of fall aiul winter
hats, opening beginning September 17.
U'ave your measure for a suit of
clothes at Neill Mercantile company's.
Shoes of all kinds at Neill Mercantile
company's.
T
BRAND
NEW
j
AN ALL ABIDING FAITH.
The Illinois Central Railroad company
has an all abiding faith in the future of
the great Northwest. A short time ago
this was manifested by the establish
ment in Seattle of an agency to take
care of tlieir interests there. The latest
effort is to put on a splendidly equipped
new train service between St. Paul and
Chicago. The new trains will lie run
ning Sunday, Novemlwr 2. They will
use tlieir own rails between Chicago and
Albert Ia.ni, Minnesota, and the Minne
aolis A St. Paul Hy. track from Albert
Lea to Minneapolis and St. Paul, run
ning into the union dejiot at St. Paul,
which is the same that is used by all
lines in that city.
The train is to be known as "Tho Chi
cago, St. Paul A Minneapolis Limited"
and will consist of sleeping car, buffet,
library car and reclining chair car,
through without change between Chi
cago and Miunea)olis and St. Paul.
Dining car service will also be main
tained, supper being served out of Chi
cago and breakfast into Chicago. Trains
will leave St. Paul at 7:10 p. m. and
arrive in Chicago 0 :80 a. in. Ieave Chi
cago at (1:10 p. m. and arrive at St. Paul
8:40 a. m., making close connection at
St. Paul with all western lines. Tickets
can bo purchased via this line, in con
nection with all western lines, at all
stations.
For further information regarding
rates, routes, time, etc., call on or ad
drees, 11. II. Trumbull,
Commercial Agent III. Cent. K. K.,
142 Third St., Portland, Ore.
Paul B. Thompson,
Freight & Passenger Agent,
III. Cent. K. K., Seattle, Wash.
Something to depend
upon Giant'
powder.